.KTFA Members "News and Views" Tuesday Morning 7-31-18
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.KTFA Members "News and Views" Tuesday Morning 7-31-18
KTFA:
Clare: Loaded....LOVE the LEAKS, LEAKS & LEAKAGE!!!! Very Enlightening!!!!
LEAKS from the Horses Mouth!
IMF lifted barriers, all sanctions, ART 8....Lifted! CBI must move fast for many reasons: THE PEOPLE, jobs, demonstrations....the people need it!
It's about the people of Iraqi! They need the increased purchasing power, a sense of pride in using their currency!
Iraqi Private Bank Ass. last week told all private banks in Iraq to open the branches in all the Gulf States & in Iraq.....International!
Walkingstick's Article Huge! Well Calculated in timing of the release...
The absence of small monetary categories is detrimental to the stability of the local economy
....
Again it's about the people!! They are expecting it and have been educated for years, by massive information, especially in 2018 for what is about to take place!
Lower Denom's will be replaced by Small Notes! Has to be!
1. RI for Citizens 2. RV for Global Markets! Citizens know IQD is 1-1...waiting to be announced..
As a student, the study will only benefit us because the leakage is only going to expand...
They have a date...forget about that! Watch it unfold....
All Banks Calculated...basket is 5-8 currencies....they are ready all asset backed....
Military sanctions only left.....Trump gave Iraq $850 million for military purposes...got promises to go along with a document on Trump's desk to deal with 2 very powerful reports...Wow!
Number of Notes Crucial Now! That is the Heartbeat right now of the IQD....too little will equal failure with the citizens....too many will cause inflation...
Everything we have been told we would see, is unfolding right before our very eyes...
Can't Thank Frank, Walkingstick, Delta, AG & Teams enough!! WE can't get what they have brought us anywhere!!!...FACT!
We are so blessed to have the Best of the Best!!!!
Thanks for an AMAZING CC that my short summary, can't even bring justice, to all that you gave us tonight!! Thanks for all the hard work & sacrifice, that you so freely have done for our benefit...
Many thanks & blessing to each of you!!!
This CC, is in Frank's opinion and this post is in my opinion.
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Monday Night KTFA CC 7-30-18
The first part is business Promo and the second part is Dinar/Iraq Intel
PLAYBACK # : 641.715.3639 PIN: 156996#
https://fccdl.in/RyO0402kP3
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Samson: Democrat reveals government promises to apply Article 140
31st July, 2018
The Kurdistan Democratic Party led by Massoud Barzani, on Tuesday, the government promises to implement Article 140 in exchange for the entry of political alliances with Baghdad to form the next government.
"The federal government promised the two parties and the Democratic Union to apply Article 140 of the Constitution in exchange for the entry of political alliances with Baghdad to form the next government," pointing out that "Kurdish delegations will visit Baghdad in the coming days to discuss the formation of The government and access to political agreements between the parties on the application of Article 140 of the Constitution. "
She added that "the Democratic Union and a number of Kurdish parties formed a unified coalition for the purpose of sitting with Baghdad to discuss the formation of the government and the resolution of differences between the parties," indicating that "the opposition parties and the Islamic Group did not participate within the coalition until now and may join after the announcement of the results of manual counting and ratified by the Court Federal ".
The Kurdistan Democratic Party headed by Massoud Barzani has counted, on Tuesday, the meeting of Prime Minister Haider Abadi with Kurdistan Regional Government President Nizrvan Barzani, "a first step" towards final solutions to the outstanding files between the center and the region.
The former MP Yonadam Kanna had revealed, earlier, the requirement of the Kurdistan Democratic Party entry into political alliances with the winning blocs and the formation of the largest bloc to implement Article 140 of the Iraqi constitution in the disputed areas. LINK
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Samson: Tomorrow .. Distribution of guaranteed workers' pensions for the months of July and August
31st July, 2018
The Department of Pensions and Social Security for workers in the Ministry of Labor and Social Affairs announced that it will launch on Wednesday the salaries of secured workers and their successor to the categories (manual exchange and smart card holders) for the months of July and August next in Baghdad and the provinces
The director general of the Department of Retirement and Social Security for workers, Ali Jafar al-Hilo, in a statement, "Economy News", "The Department set on Wednesday, the first of August next date for the payment of salaries of workers secured for categories (manual disbursement, smart card holders) after the completion of all procedures Necessary for the distribution of salaries in coordination with the General Department of the Rafidain Bank, "calling for those who have agents exclusively to" review sections of the Department for the purpose of issuing life certificates to them in Baghdad and the provinces
He added that "the insured pensioner who has a service (30) years and more receives a pension of (600) thousand dinars for two months only, while receiving a pensioner who has a service less than (30) years the amount of (540) thousand dinars
"The family of the deceased who has more than three eligible receive a pension of (500) thousand dinars, while receive the family who have a salary payable (480) thousand dinars, while the family of the deceased pensioner who has one receivable and receive a salary of (460) Thousand dinars
The Director-General called on all retired and secured workers to review the banks according to their areas of residence for the purpose of receiving their salaries, drawing with them the identity documents represented by the pension identity or smart card LINK
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Samson: Arrest of those involved in the theft of the salaries of Al-Khalis School .. and the perpetrators surprise !
2018/7/31 8:51
Diyala police chief Major General Faisal Kazem al-Abadi announced on Tuesday the arrest of those involved in stealing school salaries in the district of Khalis north of the province less than 24 hours after the crime.
Abadi said in a statement to inform the police received the agency {Euphrates News} a copy of it, that "immediately after information about the storming a middle school in the district of Khalis and stealing the salaries of its staff, was opened an extensive investigation and the formation of a security team under his personal supervision before him to uncover the circumstances of the incident and access to the perpetrators.
He added that "the security team succeeded and exceptional efforts to uncover the circumstances of the crime and access to the perpetrators and their arrest, the guard and his son after less than 24 hours on the incident," noting that "the guard had facilitated the entry of his son to school from the back of the school."
Abadi stressed that "the stolen funds amounting to 85 million dinars have been recovered and the transfer of money to the judiciary, while we honor the security detachment that reached the incident and arrested the perpetrators," pointing out that "schools and government facilities are fully insured by the security forces." He called on "the people of Diyala province to believe in the ability of the security forces to maintain security within the categorical responsibility and bring the maximum penalties for those out of the law." LINK
Samson: Commission of Integrity in the Kurdistan Region to transfer files of new corruption to the judiciary
31st July, 2018
The Integrity Commission in the Kurdistan Region on Tuesday to transfer a set of files of financial and administrative corruption to the judiciary
Head of the Commission Ahmad Anwar said in a press conference held today in Erbil that in this year and the total files referred to the Commission in the provinces of the region from 1/1/2018 to 3/6/2018 we have 125 cases with files that include the issuance of legal penalties and corruption files
He added that 59 files have been referred to the three governorates to the judiciary, and the investigation has been completed and is ready to issue the verdict, noting that 112 files currently have been investigated, and we expect the judiciary to complete them as soon as possible
Anwar said 32 cases were handed down, 15 of which were convicted LINK
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Samson: Transparency and disclosure - A consistent approach to the CBI
31st July, 2018 by Samir Nusairi
The Central Bank of Iraq issued a detailed report on the revenues and expenditures of Iraq for the years (2005-2017), considering that the Central Bank is the financial adviser to the government, which manages the accounts of the Ministry of Finance of foreign exchange of Iraq's exports of oil, which is the main supplier of foreign currency and constitutes about 93% of the total Budget revenues and 65% of GDP.
The report showed high transparency and disclosure on the accuracy of the data as revenues totaling 706 billion dollars and government expenditures totaling 703 billion dollars and the remaining was converted as the opening of the Ministry of Finance for 2018. The main and most important thing in this report is the most obvious and significant part of the government expenditure over the years, which focused on operating expenses by a large percentage, security expenditures, the war on terror and government revenues in light of the contracts concluded by the ministries, particularly electricity, oil and service ministries. Which occupied the salaries and wages of the highest proportion of them.
It also notes that the report clearly indicates that the highest oil revenues achieved in 2012 and the highest spending achieved in 2013 and the lowest revenues achieved in 2016 and analysis of the data in the report we note that the Central Bank of this report to public opinion as follows:
1 - The data contained in the report confirms the transparency and disclosure of the Central Bank of Iraq for the first time since 2003 at least to declare a certified and transparent report of the total revenue from foreign currency and total expenditures of the foreign currency of the government according to approved exchange doors.
2 - The data contained in the report refutes all information data authorized by specialists and non-specialists in the various media.
3 - The data contained in the report has nothing to do with the sale of currency and foreign reserves of the Central Bank, which exceeded the limits of 56 billion dinars, which are measured enough to cover private sector imports, which are enough to 15 months in the event of non-export of oil.
I think that the central bank's disclosure of the foreign currency data with the exact accuracy required me and my colleagues and researchers to conclude that the continuation of oil prices at current rates or a slight rise due to the economic, political and security conditions that surround some regions of the world during the remaining months of 2018 will help That the price of Iraqi oil source up to $ 67 a barrel (net), which will increase revenues and cover the deficit in the budget will increase foreign reserves and provide the government with space and good flexibility to implement its service plans and investment. LINK
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