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“Iraq is Postponing” – Sun. PM TNT Thoughts/News 10-23-22

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TNT

Buckeyefan:
Isn’t interesting how we feel so close so much confidence in Abadi then Kazemi …now back in Iran influence newly elected leadership? It’s CBI driven …they only need to seat the government but weren’t we expecting Kazemi to remain? He’s out does the new regime have same agenda? Want to be optimistic but if I can be honest it feels off!

Yada:
The backing of the UN to make it happen or else. They are willing to allow them to structure this way at the risk of all world economies not have a stimulus to each country. Form the goverment, reinstate the rate, they are structured such whomever is in control in Iraq, will remain connected digitally with the rest of the world.

Buckeyefan:
I hope things for the Iraqi people change ,they’ve suffered the most, our inpatient frustrations don’t compare …..self included

Yada:
Understand Buckeyfan. Fact is, they have been tribal for centuries and despite a parliamentary government, they tend to manipulate the government to work their way. RI their currency and I’m putting them in my rear view mirror. Once they get to the international status with their rate, the markets will control them and they know it.

RVAlready:
Both Iraq and Iran will RV. This will change the financial relationship between those two countries.

Tishwash:
Cougar confirms… There is a political struggle behind the delay in resolving the cabinet

The representative of the Kurdish component, Jamal Kojer, confirmed, on Sunday, that an ongoing political struggle was behind the delay in resolving the cabinet of Prime Minister-designate Muhammad Shia Al-Sudani, pointing out that resolving the cabinet is no longer an easy matter.

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Cougar said in a press statement, which was followed by the Independent, that “there is a conflict over the ministries in Al-Kazemi’s cabin between the various political parties, and resolving this matter will not be easy, and if the decision is through sharing and defining the ministries by the blocs and not from the Prime Minister-designate, the age of the government will not be For a long time, because the scenario of previous governments will be repeated again.”

He added, “The Prime Minister-designate did not leave him the choice about choosing his cabinet, and if he left the matter to choose the candidates, matters would have been resolved, especially since his candidacy for prime minister was not a result of the moment, but rather a long time had passed since his name was put forward.”

And Cougar said, “Al-Sudani will not form a comfortable cabin, and some parties will try to interfere in this process, and therefore the conflict is still based on ministerial portfolios between the various parties.”   link

During a visit to the Real Estate Bank, the Minister of Finance directed to bypass all obstacles and routine procedures

The Minister of Finance, “Agency” Hiyam Nemat Mahmoud, conducted an inspection field visit to the Real Estate Bank, in the presence of the Director General of the Bank, Abdel Mohsen Alwan, and the advanced staff in the bank, and directed the simplification of the bank’s procedures.

And a statement by the ministry quoted, “The Minister discussed during the visit the current and future plans adopted by the bank according to the financial capabilities planned within the strategy in force for the bank,” noting “to make every effort to raise the level of banking services provided, and expand the size of the actual contribution to the housing sector, because this sector is It is one of the pillars supporting any stable and vibrant economy.”

Mahmoud met, according to the statement, a group of citizens and auditors, and listened to their views, the level of services provided to them, and the obstacles that may hinder the smooth implementation of work and the required speed, stressing the importance of overcoming all obstacles and routine procedures that would impede the progress of completing transactions.   link

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Finance holds a meeting with bank managers.. This is what was discussed

On Sunday, the Ministry of Finance held an expanded meeting on government banks in the country.

A statement by the ministry, which Mawazine News received a copy of, stated, “The Minister of Finance, Hayam Nemat Mahmoud Agency, chaired, at the ministry’s headquarters, an expanded meeting that included general managers of Iraqi government banks, regarding the mechanisms of banks’ work and the obstacles they face.

The Minister of Finance added, according to the statement, that” the banking sector He witnessed a set of challenges, variables and exceptional circumstances, the most important of which was the Corona pandemic, which cast a shadow over the whole world and the accompanying economic downturn, especially in the oil-exporting countries, adding that “in spite of that, the government banking sector was able to commit to providing requirements to support the national economy and spare it the negative effects of economic repercussions and conflicts.” International”.

The minister stressed “the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local and international banking arena.”

The minister also pointed to “the need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans, which serve the strategic objectives of the banking sector, which revolve around the stability and balance of the local economy.”   link

Source: Dinar Recaps


Tishwash:
Governor urges people to handle physical currency properly (indonesia)

West Kalimantan Governor Sutarmidji has urged people to handle banknotes and coins properly since money is a symbol of state sovereignty.

“The currency is a symbol of state sovereignty. Therefore, let’s treat Indonesian currency well, either by properly storing or using it, because the printing costs are expensive,” he said while attending the “Puncak Hari Oeang” or “Money Day Summit” here on Saturday.

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According to him, there is a need for wider dissemination of information to the public about handling physical money properly since Bank Indonesia (BI) does not mint currency arbitrarily.

“We need to continue to educate the public about how to treat currencies well because BI does not randomly print them. They print currency usually to change those that are already damaged, if they print too many, it can cause inflation,” he explained.

Sutarmidji also emphasized that people, especially those residing in the border regions, must familiarize themselves with rupiah currency, not foreign currency.

“People who are in border areas must be familiar with the rupiah,” he said.

Further, as the current era becomes more sophisticated, less physical money will be used in society, he added.

“We have to keep up with the developments. If still using physical money, especially in large transactions, I say it is an outdated generation. In the future, our wallet will be filled with cards,” he added.

Meanwhile, on the same occasion, head of the BI Representative Office in West Kalimantan, Agus Chusaini, said that the designation of “Hari Oeang or “Money Day” is a momentum for all Indonesians to appreciate rupiah currency more.

“We hope that the people of West Kalimantan can maintain and use rupiah, as a reflection of our love for Indonesia,” he said.  link

KaseyKo1:
Well, just received another tweet coming out of Maliki’s group. For someone who’s supposed to be under house arrest, he certainly is staying involved in the thick of things…but I digress. Here’s the tweet: “right Now Critical meeting of the brothers leaders of the framework.” Included was a picture of the Iraqi flag & a hand victory sign.

KaseyKo1:
Seems that Iraq is talking about the govt forming mid-week to end of week. Hmmm…..Wonder what the UN thinks about this?

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KaseyKo1:
Looks like Iraq is postponing the announcement & voting on the full cabinet to this coming Thursday. Wonder how the UN feels about this, since the deadline is this coming Tuesday.

RVAlready:
IMO Kasey, the UN and the US approved anyone for the government, just to get the government formed. I think they are mainly focused on the RV.

KaseyKo1:
Agreed. But I do believe the UN & US were wanting to keep Iran out of the thick of things as much as possible, but it’s not looking too good for that to happen.

RVAlready:
Once the RVs happen, Iran will not be as much threat to Iraq. That will fix the situation.  People with jobs and money are not usually terrorists.  Plus, it should close off Iran from the currency auctions

KaseyKo1:
Sadr has stated he was going to give them 6 months; however, there is a faction that apparently – against Sadr’s wishes – are talking about mobilizing the demonstrations. We’ll see what happens on Wednesday. I suspect if rioting starts, the UN will be left with having to step in, since they’ve been adamant that they will not let any rioting happen.

CandyKisses:
In an interview with the official channel affiliated with NAS (October 23, 2022), MP for the bloc Mohammed al-Sayoud said that “the session to pass the upcoming government is likely to come with a full quorum considering that there are no obstacles.”

Source: Dinar Recaps

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