KTFA Wednesday Night CC with Frank26 "Numbers" 1-25-2023
KTFA
Wednesday Night Confrence Call
Frank26: 1-25-23…….NUMBERS
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Wednesday Night Confrence Call
Frank26: 1-25-23…….NUMBERS
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC "What I Say.....You're Fired" 1-23-2023
KTFA
Monday Night Conference Call
WELCOME EVERYONE TO OUR MONDAY CC WITH FRANK
Frank26: 1-23-23……WHAT I SAY……YOU’RE FIRED!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Monday Night Conference Call
WELCOME EVERYONE TO OUR MONDAY CC WITH FRANK
Frank26: 1-23-23……WHAT I SAY……YOU’RE FIRED!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Wednesday Night CC "Welcome WTO....and Everyone Else" 1-18-2023
KTFA
Wednesday Night Conference Call
Frank26: 1-18-23…WELCOME WTO …. AND EVERYONE ELSE
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Wednesday Night Conference Call
Frank26: 1-18-23…WELCOME WTO …. AND EVERYONE ELSE
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC "What Happened To The 9th Of February?" 1-16-2023
KTFA
Monday Night Conference Call
Frank26: 1-16-23 WHAT HAPPENED TO THE 9th OF FEBRUARY
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Monday Night Conference Call
Frank26: 1-16-23 WHAT HAPPENED TO THE 9th OF FEBRUARY
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Monday Night KTFA CC "The Second Article From The CBI!!" 1-9-2023
KTFA
Monday Night Conference Call
Frank26: 1-9-23….THE SECOND ARTICLE FROM THE CBI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Monday Night Conference Call
Frank26: 1-9-23….THE SECOND ARTICLE FROM THE CBI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Frank26 and KTFA Members "News and Views" Sunday 1-8-2023
KTFA:
Frank26: "WTO MEMBERSHIP DOES NOT REQUIRE A HIGH EXCHANGE RATE... BUT IT CERTAINLY REQUIRES AN INTERNATIONAL EXCHANGE RATE... ARTICLE 8.".......... F26
Government movement to complete the requirements for Iraq's accession to the World Trade Organization
1/04/2023
Baghdad - Conscious - Nassar Al-Haj
Today, Wednesday, the Ministry of Commerce detailed its plan to complete the requirements for Iraq's accession to the World Trade Organization.
KTFA:
Frank26: "WTO MEMBERSHIP DOES NOT REQUIRE A HIGH EXCHANGE RATE... BUT IT CERTAINLY REQUIRES AN INTERNATIONAL EXCHANGE RATE... ARTICLE 8.".......... F26
Government movement to complete the requirements for Iraq's accession to the World Trade Organization
1/04/2023
Baghdad - Conscious - Nassar Al-Haj
Today, Wednesday, the Ministry of Commerce detailed its plan to complete the requirements for Iraq's accession to the World Trade Organization.
The media center in the ministry stated, to the Iraqi News Agency (INA), that "the committee concerned with Iraq's accession to the World Trade Organization, headed by the Minister of Commerce and membership of representatives of ministries and agencies, as well as representatives from the private sector, is working to complete the requirements for Iraq's accession to the organization."
He explained, "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization."
He pointed out that "the plan includes holding official meetings in the organization in Geneva, and that there be high coordination
With the member states that carry economic weight in the organization to mobilize support and speed up accession procedures and make Iraq an active member and partner in making economic decisions and drawing trade policies that enhance Iraq's integration into the global economy.
He pointed out that "the Minister of Trade confirmed - within the prepared plan - the preparation of the Iraqi negotiating team, which will engage in negotiating rounds with the member states of the organization by strengthening the negotiating capabilities of the members and benefiting from the experiences of the countries." LINK
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Frank26: IT'S BEEN YEARS KTFA FAMILY... BUT HERE IT IS, WHAT WALKINGSTICK & I CALLED THE 2ND ARTICLE FROM THE CBI!!!"......... F26
Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best
1/08/2023
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, confirmed that the bank has taken a series of measures that enhance monetary stability and push for the return of exchange rates to normal, while noting that the bank has sufficient reserves until February 2024, “which is a very sufficient period to correct imbalances in the balance.” Payments in case Iraq's imports are exposed to any imbalances.
"The dollar exchange rate crisis is a temporary crisis resulting from internal and external factors that coincided with the end of the year," Makhaif said in an interview with "Al-Jazeera Net" and followed by "Al-Iqtisad News", speaking about the causes of the dollar crisis that Iraq recently witnessed and the measures taken by the bank to reduce it.
He added, "The Iraqi Central Bank has taken a series of measures that enhance monetary stability and push for the return of exchange rates to normal, including: allowing banks to participate in the window for buying and selling foreign currency to be used for external transfer, and working to facilitate procedures for obtaining dollars through banks, and facilitating Financing private sector trade and meeting the demand for foreign transfers by strengthening bank balances with their correspondents in other currencies.
He pointed out that "a series of measures to limit this crisis went to reduce the selling price of the dollar to the beneficiary (the card holder) who uses it while traveling or pays his purchases via the Internet at a price of 1465 dinars per dollar."
He went on to say, "The monetary situation in Iraq is at its best, and there is no need for that crisis that has caused fears of public opinion, just as the situation in Iraq is much better than that of other countries."
He spoke about the repercussions of the rise in the reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars on the Iraqi economy, saying that "there are several repercussions, including: defending the national currency exchange rate against foreign currencies and maintaining coverage of imports for a period of more than 6 months, as he was able to The central bank has built a cover for imports for a period of more than 17 months at the end of the third quarter of 2022, meaning that the central bank has sufficient reserves until February 2024, which is a very sufficient period to correct imbalances in the balance of payments in the event that Iraq's imports are exposed to any imbalances.
He continued, "The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation."
He added, "There are other benefits that come from increasing the volume of reserves with the central bank, including: an indicator of the strength and flexibility of monetary policy, and the reserves can also contribute to raising the indicators of creditworthiness of Iraq with international rating institutions."
The Governor of the Central Bank touched on the reasons for issuing a new denomination of the local currency, saying, “The issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation, and adopt modern security specifications in designing the denomination.” new technologies to reduce counterfeiting, especially since counterfeiting methods have developed thanks to technological development. LINK
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Henig: 20,000 dinars denomination.. The Central Bank talks about issuing a new currency: counterfeiting is a "development"
Baghdad today-Baghdad
The Governor of the Central Bank, Mustafa Ghaleb Makhaif, confirmed today, Sunday, that there are 4 benefits for issuing a new denomination of the Iraqi currency, indicating that the methods of counterfeiting the currency have developed.
Makhaif said, in statements to Arab media followed by (Baghdad Today), that “the issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation, and adopt modern security specifications in designing the new denomination to limit of counterfeiting operations,” noting that “counterfeiting methods have evolved thanks to technological development.”
Last September, the Central Bank announced its intention to issue a new currency of the category of 20 thousand dinars. LINK
Clare: Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon
2023-01-07
Representative Ziyad Al-Janabi confirmed, on Saturday, that the Central Bank of Iraq is able to restore confidence in the value of the dinar soon, while indicating that the bank lent the government and saved it from going into the unknown.
Al-Janabi said in an interview with Alsumaria News We appreciate the position Central Bank of Iraq Who supported the Iraqi government with a cash loan of more than 30 billion dollars and saved it from going into the unknown at the time.
Al-Janabi referred to "the ability Central Bank of Iraq to overcome the current crisis facing the dollar in the local market," stressing that "the central bank has taken successful strategic steps to end the current crisis."
And Al-Janabi indicated that "this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to restore confidence in the value of the Iraqi dinar and adjust technical matters in the near future," stressing by saying that "the central bank has been able to raise the value of the dollar and gold reserves to a strategic amount, including a safe maneuver." Good for the Iraqi government." LINK
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Henig: Iraq drops part of Somalia's debts for its difficult circumstance
Baghdad today - follow-up
The Director of the Department of the Horn of Africa and Sudan at the League of Arab States, Zaid Al-Sabban, confirmed that Iraq had informed the League of an official memorandum stating that part of Somalia's external debt owed to Iraq had been forgiven.
Al-Sabban said, in press statements followed by (Baghdad Today), that "the successive Arab summit decisions asked Arab countries and funds to exempt Somalia from its foreign debts, given the exceptional circumstances that faced the Somali state over the past decades."
He pointed out that Egypt has allocated a number of planes loaded with humanitarian aid to Somalia to confront the Corona crisis and the drought crisis.
He stressed that there is a huge work being done by many Arab member states of the League, such as Saudi Arabia, Qatar, Kuwait and the UAE, and that there is material and financial support provided by these countries and their development funds in favor of Somalia, which helped a lot in facing some challenges such as drought and food crisis and facing the repercussions of the war against terrorism, which greatly affected millions of Somalis and led to their displacement away from their villages and homes.
And Iraq had called, in March of last year 2022, on Somalia to pay off the debts incurred by it, while it issued an official invitation to the foreign and finance ministers of this country to visit the capital, Baghdad. LINK
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Henig: Kurdish deputy to / NINA /: The budget will reach Parliament during the current week.. and it will be legislated as soon as possible
08 January 2023
A member of the House of Representatives for the Kurdistan Democratic Party, Sabah Sobhi, confirmed: The budget will reach Parliament during the current week.. and it will be legislated as soon as possible.
He told the National Iraqi News Agency / NINA /: There is a serious move by the political blocs in order to pass the budget as soon as possible, despite the existence of some outstanding issues.
Sobhi added: We will vote on the budget before oil and gas because it is more important than it, as this law can be delayed.
And a member of the Parliamentary Finance Committee, Mueen Al-Kazemi, said that the budget may be completed during the current week.
Al-Kazemi said in a televised statement yesterday evening: There is a political consensus regarding passing the 2023 budget, which may reach 140 trillion dinars.
He added: The investment sector will have 60% of the budget, and the proportion of the region in it will be more than 13% LINK
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Henig: The legislative recess ends tomorrow.. The House of Representatives reporter to / NINA /: We await the arrival of the general budget during the current month to proceed with its approval
08 January 2023
The Parliament will officially end its legislative recess tomorrow, Monday, while the parliamentary committees and circles are still awaiting the arrival of the draft federal budget law 2023, which the Council of Ministers has not decided to approve, pending the ministerial committees’ completion of drafting the final amendments.
Parliament Rapporteur, Representative Beida Khader, stated, in a statement to the National Iraqi News Agency / NINA /, that "the general budget 2023 is still with the Ministry of Finance, and the legislative recess for the House of Representatives ends tomorrow, Monday, and then the beginning of the new legislative term, and therefore we are awaiting the completion of the draft budget law." during the current month and send it to parliament quickly for approval by a vote.
And she explained, "The House of Representatives proceeded with presenting and approving important legislation. The Presidency of the Council also decided to extend the parliament's work for a month at that time, pending the arrival of the general budget from the government, but so far it is still incomplete."
And she added, "If the general budget reaches the House of Representatives, there is supposed to be a special session to read and discuss it by the Finance Committee and other concerned committees, to proceed with presenting it to a vote."
And the Presidency of the House of Representatives decided, on the eighth of last November, to extend the second legislative term / the first legislative year / the fifth electoral cycle, by one month, based on the provisions of Article (58 / second) of the constitution; This is to complete a number of necessary tasks and legislation. LINK
KTFA Wednesday Night CC "#2 Guy Wants To Talk" 1-4-2023
KTFA
Wednesday Night Conference Call
Frank25: 1-4-23….#2 GUY WANTS TO TALK
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Wednesday Night Conference Call
Frank25: 1-4-23….#2 GUY WANTS TO TALK
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC with Frank26: "The MR Education Now Floats!!!" 1-2-2023
KTFA
Monday Night Conference Call
1-2-23……THE MR (monetary reform) EDUCATION NOW FLOATS !!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Monday Night Conference Call
1-2-23……THE MR (monetary reform) EDUCATION NOW FLOATS !!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Wednesday Night CC "An Extraordinary UB2B" 12-28-2022
KTFA
Wednesday Night Conference Call
Frank26: 12-28-22…….AN EXTRAORDINARY UB2B
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Q: What does the white suit mean?
A: WHITE HOT INTEL
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Wednesday Night Conference Call
Frank26: 12-28-22…….AN EXTRAORDINARY UB2B
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Q: What does the white suit mean?
A: WHITE HOT INTEL
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Monday Night KTFA CC with Frank26: "You're Fired!!!" 12-26-2022
KTFA
Monday Night Conference Call
Frank26: 12-26-22……YOU’RE FIRED !!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and others…
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
Monday Night Conference Call
Frank26: 12-26-22……YOU’RE FIRED !!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and others…
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Frank26 and KTFA Members "News and Views" 12-26-2022
KTFA:
Frank26: "ACCOUNTS CANCELLED TO THE CITIZENS... TO WIPE THE SLATE CLEAN!!!"........ F26
Clare: Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens
12/26/2022
Al-Rafidain Bank announced the suspension of withdrawals and deposits in savings accounts for customers, starting today, Monday, until Monday, 1/2/2023.
The media office of the bank stated, in a statement, that {Euphrates News} received a copy of it, that "according to the directives of the Central Bank of Iraq, and in order to pay the annual accounts, calculate the benefits for savings accounts, and organize budgets, the bank decided to stop withdrawals and deposits in savings accounts."
The statement indicated that "the bank also decided to close its doors in all branches on Monday, corresponding to 1/2/2023, and to stop conducting all transactions related to customers until the end of the annual inventory and audit." LINK
KTFA:
Frank26: "ACCOUNTS CANCELLED TO THE CITIZENS... TO WIPE THE SLATE CLEAN!!!"........ F26
Clare: Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens
12/26/2022
Al-Rafidain Bank announced the suspension of withdrawals and deposits in savings accounts for customers, starting today, Monday, until Monday, 1/2/2023.
The media office of the bank stated, in a statement, that {Euphrates News} received a copy of it, that "according to the directives of the Central Bank of Iraq, and in order to pay the annual accounts, calculate the benefits for savings accounts, and organize budgets, the bank decided to stop withdrawals and deposits in savings accounts."
The statement indicated that "the bank also decided to close its doors in all branches on Monday, corresponding to 1/2/2023, and to stop conducting all transactions related to customers until the end of the annual inventory and audit." LINK
Frank26: "AND SO DOES THE IRAQI TRADE BANK!!!"........ F26
Clare: The Iraqi Trade Bank announces the suspension of all external and internal transfers
12/26/2022
The Iraqi Trade Bank announced the suspension of all external and internal transfers, starting next Wednesday.
Al-Samarf media stated, in a statement, of which {Euphrates News} received a copy, that “the work of all bank branches will be stopped, starting from Thursday (12/29/2022) at (12) noon. Also, all external and internal transfers will be stopped as of Wednesday corresponding to ( 28/12/2022) for annual inventory purposes.”
He indicated that "work will resume on Tuesday corresponding to (03/01/2023)." LINK
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Frank26: "DON'T COLLECT TAXES!!!... BECAUSE THE EXCHANGE RATE WILL BE WRONG FOR THE 2023 BUDGET".......... F26
Clare: In the document.. the central bank stops work by collecting taxes to deal with the rise in the dollar
12/26/2022
The Central Bank of Iraq stopped working by collecting taxes in advance to deal with the high exchange rates of the dollar.
Today, Monday, the Central Bank of Iraq directed all licensed banks not to collect taxes in advance by importers during dollar transfers abroad for the purpose of import.
And a central bank document addressed to all banks, which I viewed (Baghdad Today), showed stopping the collection of taxes and customs fees in advance, and taxes are collected by the outlets upon entry of imported goods, while the bank attributed this procedure to the end of work in the fiscal year related to the 2021 budget that determined this. the condition.
This decision comes in conjunction with fears of the continued smuggling of hard currency "dollars" abroad under the pretext of import, which experts describe as "imaginary import", where the dollar is transferred abroad for the purpose of import, in return for the non -entry of already imported materials in exchange for it. LINK
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KandG: I have a question based on 2 articles. We all seen that the CBI's reserves are approaching 100B but I read another article that these reserves are held by the US Federal Reserve (below) - a corrupt, evil empire run by the Rockefellers / Rothchilds / Yellen / fake biden. Why would this evil organization ever help the Iraqi citizens and also transfer wealth to us as investors / humanitarians?? IMO
And between Sanad, "The accumulation of foreign currency reserves in the Central Bank of Iraq and deposited with the US Federal Reserve, which will exceed 100 billion dollars and is constantly increasing, and it is difficult for Iraq to dispose of this large number, only America allowed five shipments per month to enter the country."
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Paulette: I have said similar......the question is whether the Deep State is in control of Iraq or not. Sudani was put in to place by Maliki and the Framework. Is Sudani Deep State controlled or not??? Is Maliki???? I don't think anybody truly knows who is Deep State controlled……Time will tell. Hopefully Soooooom!!!
To me, it appears the Deep State no longer has control of the CBI. The Currency Sales have dropped significantly. After Putin shut off much of the money laundering ability the Deep State had in the Ukraine, the Currency Sales in Iraq had a sharp increase.
Now, the volume of sales are normal to below. I know the media is stating reasons for this including the CBI's new system errors but it all seems pretty coincidental. I am very hopeful that the Deep State's ability to use Iraq for their corrupt activities has been terminated. If not, we may be waiting longer than we want.
It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460.
It is totally illogical unless they know that they don't want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
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Zeeman: i have said this here many times and you can add the wb imf and the un they all work together and are corrupt. this is a fact and not imo IF the white hats are not in control - this was a very bad investment IMO. Should have bought silver IMO
Paulette: "very bad" ------->NO
Don't forget, Iraq's CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new rate directly applies to the current notes, we will have the windfall we all hope for.
IMSO, the rate will have to apply to both new and old currency as the CBI has stated the 3 000's will coexist with the NSCN's for at least two years and upwards of ten years.
A few weeks back, the CBI again stated that they are not going to remove any currency denominations when they unveil the 20,000. Personally, I want to believe the talk of the 20,000 was to educate the citizens as to the new 20 denomination that WS reported was coming when the NSCN's are released. I hope I am right as the release of the 20 absent a 20,000 is another indication that the new rate will directly apply to all.
If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever.
The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound.
Don't forget the silver market is greatly manipulated. Hopefully we see a windfall from IQD prior to that manipulation being lifted.
MOakes: Let's not forget that Frank has said that the USD will be in the basket of currencies.
Paulette: Iraq economists have told us this years ago. They advocate a basket of currencies that the IQD is valued against which is to have at least 5 currencies including the USD. This negates value fluctuations that can be caused by drastic fluctuations of only one.