“A New World Rate” – Wed. PM KTFA Thoughts, News w/ Frank26 6-29-22

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KTFA

Frank26 » June 29th, 2022

“THE CBI HAS TO FLOOD THE STREETS… WITH THE NSCN’s ( New small currency notes) NOW!!!”……F26

The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars

28th June, 2022

Today, Tuesday, the Central Bank of Iraq announced raising the necessary funding for its development initiatives to 18 trillion dinars

And the Central Bank said in a statement received by the Iraqi News Agency (INA), that “the funding needed for the development initiative is continuing,” noting that “it was decided to raise its financial amounts to reach 18 trillion dinars

He added, “This increase in the amounts of financial allocations comes in response to the success achieved in the development initiatives launched by the Central Bank of Iraq in financing various private sector projects and housing loans,” noting that “this increase will contribute to financing economic development projects, increasing local production and reducing unemployment by providing job opportunities, as well as contributing to supporting various government efforts to confront climate change

It is noteworthy that the investment portfolio of the Central Bank of Iraq represents a real support and a catalyst for economic growth along with the various government efforts   LINK

“THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER… IT IS THE BUDGET THAT AWAITS ………. ‘A NEW WORLD RATE’ !!!”………F26

A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament

29th June, 2022

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set, on Wednesday, the date for the government to send the general budget law for the year 2022 to Parliament.

Saleh told the official news agency, “If the legal situation is adapted to allow the executive authority to pass bills, it is very possible to present the 2022 budget, sequentially with the 2023 budget draft next October, provided that the first is approved before the fiscal year ends at the end of December 2022.” 

He added, “Next October, the draft budget law from the year 2022 will be submitted by the government to Parliament to the year 2023 according to the amended Federal Financial Management Law No. 6 of 2019”.    LINK

“LOL LOL LOL… YOU DON’T HAVE A CHOICE… LOL LOL LOL!!! “…….F26

Iran wants Al-Kazemi to remain in his position… and the leaders of the Coordination Framework meet with him in Tehran in the presence of Ismail Qaani!

29th June, 2022

Press sources learned, from an informed Iranian source, that representatives of the Iraqi Shiite “coordinating framework” forces and other Iraqi parties held a meeting with Iraqi Prime Minister Mustafa Al-Kazemi, during his visit to Tehran, to discuss the political crisis in the country.

The source said that in light of the results of this meeting, the commander of the “Quds Force,” General Ismail Qaani, held a series of meetings with Iraqi parties, the last of which was a meeting with representatives of the “framework” in Tehran yesterday, during which he informed them that his country supports Al-Kazemi’s stay for a second term.

He added that Qaani stressed, in the meeting, that Al-Kazemi is not Tehran’s preferred option, but his good relations with Iran, Saudi Arabia, the United States and Turkey make him “the best possible”, especially since the region may be heading for calm, and Al-Kazemi may play a role in this context.

According to the source, Qaani asked to try to satisfy Muqtada al-Sadr and his movement in any way possible. LINK

Samson » June 29th, 2022

Opening large corruption files that result in the arrest of dozens of employees in Diyala

29th June, 2022

An informed source said, on Wednesday, the arrest of 17 employees on corruption charges in Diyala Governorate, indicating that the judicial authorities have opened 10 major corruption files during the past days that will result in new arrests.

The source said in an interview with (Baghdad Today), that “investigations about 10 files of suspicion of financial and administrative corruption in three government departments in Diyala led to the arrest of 17 employees within a week according to official arrest warrants issued by the judiciary”.

The source added, “Most of them were released on bail pending the completion of investigations,” noting that most of the files were submitted by MPs to Integrity, which initiated investigations”. 

He pointed out that “the coming weeks are fraught with surprises, especially since the volume of files seized carrying financial and administrative violations may be a surprise of a heavy caliber,” stressing that “the recent arrests are the highest in recent years”.  LINK

Sir » June 29th, 2022

IMO – This is the best article that has come out in 2022! 

Somebody gave the green light ( Kazemi ) for the above. Meaning some ( most ) higher up rats are going to be paid a visit ( sleepless night for the next week or so).

IMO-the next Iraqi government is going to be very limited in size ( micro small) and this will end the corruption that we see today and from many years past. There have been many articles about the arrest of little rats, now it’s time for the big rats.

We know that in December 2020 that the budget (+ new rate) for 21~23 was set. Frank stated that they are working with a second set of books, why ? To maybe keep the rats from stealing the people of Iraq’s money more than the have been?

It’s pretty obvious that this is happening to governments around the world, stepping down, Israel being the latest! So be just a little more patient, the hands of the rats must be removed from the cookie jars before we see publicly the rate change.

Kazemi is in total control, in fact I believe that behind closed doors he has been dancing a lot, every time these rats open their mouths. He is showing the people of Iraq just how incompetent and corrupt these rats are.

They sure are making Kazemi’s job a whole lot easier. Just food for thought, most of the articles are smoke and mirrors IMO of course.

Samson » June 29th, 2022

After Saudi Arabia announced Saturday, July 9, the first day of Eid al-Adha.. Al-Sistani’s reference sets Sunday as a holiday

29th June, 2022

The office of the religious authority, Ali al-Sistani in Najaf, announced that tomorrow, Thursday, is the completion of the month of Dhul-Qa’dah, and that Friday, corresponding to 7/1/2022 AD, will be the first of the month of Dhul-Hijjah.

This will be the first day of Eid al-Adha on Sunday, July 10.

And Saudi Arabia announced that the crescent moon of the month of Dhul-Hijjah was confirmed, so that tomorrow, Thursday, will be the first day of the month.

According to the sighting of the crescent of the month of Dhu al-Hijjah in Saudi Arabia, the first day of Eid al-Adha will be on Saturday, July 9.  LINK

Frank26 » June 29th, 2022

“AND SOON TO BE NUMBER 1 IN THE MIDDLE EAST WITH THEIR CURRENCY”……F26

Samson » June 29th, 2022

OPEC: Iraq is the fourth in the world in oil reserves

29th June, 2022

On Wednesday, the Organization of the Petroleum Exporting Countries announced that Iraq has the fourth largest proven oil reserves in the world, while noting that these reserves do not include oil rocks

The organization stated in its annual report in June, that “the proven crude oil reserves in the world amounted to 1.545.071 trillion barrels at the end of 2021,” indicating that “OPEC’s share of these reserves amounted to 1,241.819 trillion barrels

She added that “Iraq ranked fourth globally in the world’s largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels.” According to what was published by Shafak News

The organization indicated that “the countries of the Middle East have the largest reserves in the world, with 869.612 billion barrels, thanks to the reserves of Saudi Arabia, Iran, Iraq, Kuwait and the UAE, while Latin America came second, with 329.481 billion barrels, thanks to the reserves of Venezuela, while Africa came third, with 120.210 billion barrels, thanks to Libya.” and Nigeria   LINK

Source: Dinar Recaps

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