“The Timing is Very Interesting” – Sat. PM KTFA Thoughts, News w/ MilitiaMan 9-4-21

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KTFA

Samson » September 4th, 2021

A proposal to support the Generations Fund from the Kuwait war compensation funds after its end

09/04/2021 15:12:38

 The economic advisor in the Cabinet, Mazhar Muhammad Salih, disclosed today, Saturday, a proposal to support the Generations Fund after the end of the compensation paid by Iraq to Kuwait against the background of the invasion in 1990.

Saleh said in a statement to {Euphrates News}: “We suggested that the funding of the Generations Fund be after the end of the compensation for the Kuwait war, which will end after 6 months from now.”

He added, “The transfer of compensation amounts to the fund, in our estimation, is the mechanism that will maintain a ratio of 3 to 5% paid to the Generation Fund through properly managed internal and external investments that are linked to the higher authorities of the executive or legislative authorities.”

LINK

Source: Dinar Recaps


Samson » September 4th, 2021

Iraq and the United Nations sign a framework for joint cooperation in a number of fields

4th September, 2021

Tomorrow morning, Sunday, Iraq and the United Nations will sign a framework for joint cooperation between the two sides.

The spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said that “the framework includes supporting the efforts of the Iraqi government, in a number of areas, including the return of the displaced, developing the private sector, empowering youth, and achieving social peace, within the framework of the five-year development plan and the government reform plan (white paper).”

He added, “The aforementioned cooperation framework will be signed on the Iraqi side by Minister of Planning Khaled Battal Al-Najm, and on behalf of the United Nations, Deputy Special Representative of the United Nations in Iraq Irina Solerano, and the signing ceremonies will take place in the Ministry of Planning building.”     LINK

MilitiaMan » September 4th, 2021

The sounds of this and the timing is very interesting. Tomorrow morning the meeting is to take place and two key components within the frame work are the development of the private sector and the government reform plan within the white paper that the PM has shown us that is within the 2021-2023 Roadmap for Iraq.

If there any other shackles holding Iraq back from getting into the private sector, it may very well be done with post tomorrows morning meeting.

 I recall the UN has had a hand in Iraq sanctions since 2003. Many were lifted. Is this meeting about the last sanction left, the devalued currency since the last war?

I am not sure but, the timing looks perfect. 

We see the security and stability has fresh hands working to make sure things have Iraq in order now. Iraq is meeting with Saudi Arabia in Riyadh from the looks of it today. Riyadh is not only known for security, it is also known for it’s Ministry of Planning that includes economy.

Next week there is the Strategic Frame Work meeting with Baghdad and Washington.. The last one too.. Very very very interesting imo.

The latest item yesterday was the Ministry of Finance and the Central Bank with International Institutions were in agreement with the decision to make for a fair situation for the dollar.  ~ MM

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“The expert in economic affairs, Dr. Hussein Al-Khaqani, suggested to the Central Bank to digitally reintroduce small denominations, which would provide sums for the public, after amending the digital banking system.  Al-Khaqani said that {small cash denominations, which are smaller than 250 dinars.”

“The Deputy Governor of the Central Bank of Iraq indicated that “changing the dollar exchange rate is a studied step from several sides, and the decision to amend was taken only after extensive studies by the Ministry of Finance (the Financial Authority) and between the Central Bank (the Monetary Authority) and in agreement with important international institutions for a fair situation of the dollar . “

“The Ministry of Planning oversees the financial policies of the Iraqi Government, responsible for socioeconomic planning and statistics management. It contains three divisions: Planning Division Statistics and Informatics Division Implementation Monitoring & Evaluation Division”

LINK

Al-Kazemi discusses with the Saudi Interior Minister security cooperation between Baghdad and Riyadh

“The ministry of economy and planning was formed in 2003 when the ministry of planning and economy department were merged.[3][4] Until 2003 the ministry of planning was in charge of development and implementation of five-year plans.[3][5] The ministry is based in Riyadh.[6]”

LINK

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Kuwaiti Prime Minister: The stability of security in Iraq contributes to the stability of the region

LINK

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The Minister of Foreign Affairs announces important details about the conclusion of the Baghdad conference meeting, most notably the support for Iraq and its full sovereignty

Source: Dinar Recaps

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