WOTS THU JUL 1 21
The White Paper.. 64 projects and government directions to seek the assistance of international experts
These are the articles I discussed on the My FX Buddies Podcast
Talk about the “advantages” of a citizen’s digital identity.. The Central Bank: We are close to creating an electronic collection system
On Tuesday (June 29, 2021), the Governor of the Central Bank, Mustafa Ghaleb, announced the imminent launch of an identity that organizes the opening of an account for citizens from their homes, while referring to the creation of the electronic collection system that the bank has been working on since 2019 .
The Media Department of the House of Representatives said in a statement received by IQ News , “The Committee to Monitor the Implementation of the Governmental Program, headed by Representative Hazem Al-Khalidi, Chairman of the Committee, and the presence of its members, hosted today the Governor of the Central Bank, Mustafa Ghaleb, and a number of government bank managers to discuss what has been accomplished from the ministerial curriculum,” indicating that "The meeting was held in the Constitutional Hall of the House of Representatives, in the presence of a number of members of various parliamentary committees, as well as the Minister of State for Parliament Affairs, Hiyam Al-Haidari ."
The committee indicated, according to the statement, that "it held several meetings to evaluate the work of the government and submitted in a previous period a detailed report to the House of Representatives, in which it touched on the percentages of achievement and areas of failure," noting that "the government has not yet presented its government program, which led to a lack of coordination between state institutions." different ".
The committee presented, according to the statement, "a number of questions regarding a number of related issues that fall within the work of the Central Bank, the most prominent of which are the negative effects of the decision to raise the exchange rate, as well as the absence of the reasons and justifications mentioned for this, especially with the increase in bank sales through the currency sale window and the possibility of filling the deficit after the increase in the price of Oil, in addition to the lack of the necessary conditions to preserve the local product, the many exceptions to this, and the clear delay of the Made in Iraq project. The stages of completion of the ministerial curriculum and the application of mechanization were discussed, in addition to the measures taken by the Central Bank and government banks regarding administrative reform .
The committee touched on “the foundations adopted by the Central Bank in classifying banks, closing banks in violation of the law, and the consequences of raising the exchange rate on the poor and middle class, stressing the need for coordination between the government and the Central Bank to start drafting a draft law for the bank . ”
With regard to supporting housing projects and granting loans, the committee warned of the "low percentage of achievement in this area . "
While the governor of the Central Bank praised "the effective role of the committee through exercising its supervisory role and seeking to diagnose weaknesses and work to fix them," pointing out that "all government banks are administratively affiliated to the Ministry of Finance and he has no choice in managing those banks, referring to addressing the government regarding that The central bank has a role in choosing the management of governmental and private banks .
And the Governor of the Central Bank indicated that “the banking sector in Iraq went through two important turns, the first in 2012 and the other in 2019 that led to a rise in the granting of licenses to banking companies and banks,” noting that “the bank demanded the government to automate the border crossings to control the imports of the ports, which are considered after oil in terms of importance ."
The Governor of the Central Bank pointed out that "the imminent establishment of an electronic collection system, which the bank has been working on since 2019, in addition to working on the digital identity that organizes the opening of an account for citizens from their homes and the transition from paperwork to the (Digital Bank ) system ."
For their part, the bank managers gave an explanation regarding the questions and inquiries raised by the deputies about the banking system, stressing that "there are problems facing a number of banks that need actual reforms."
Also during the meeting, the President of the Republic recommended that "counting and sorting processes be electronic as well as manual in every electoral station."
these are some of the videos and pictures of the children suffering from the heat
A local international partnership to develop electronic payment
In Baghdad, I announced a local international partnership that aims to develop the reality of electronic payment in Iraq, and to shift from a cash society in transactions to an electronic one that is characterized by safety and speed in all transactions, benefiting from global experiences in this field.
The new partnership that brought together the international company PayTabs and local funds is looking to give a new impetus forward in the field of electronic payment in Iraq in light of the expansion of use of carrier phones and the large number of users.
Regulatory legislation
The expert in the field of electronic payment, Hayan Khaduj, said: {E-commerce in Iraq needs legislation regulating its work mechanisms, especially since it can now be described as random}.
He pointed out that {the Iraqi market is important and large, and it must have the required regulation by everyone in the public and private sectors, at a time when we find global interest in the subject of electronic experiments rising at great rates in various parts of the world}.
Specialized platforms
The specialist in the matter of electronic payment, Muhammad Walid, stressed that {the Iraqi market must advance the reality of electronic payment through specialized platforms that provide advanced services that suit the public's preferences}.
As for PayTabs founder Abdul Aziz Al-Jaf, he said: {Iraq is one of the largest countries that will adopt electronic payment, as this market requires many and varied products that are commensurate with its size, as it provides flexibility for entrepreneurs and companies.}
health condition
The electronic payment specialist, Ahmed Al-Qarmli, indicated that {the health situation that the world experienced due to the spread of the Corona epidemic hastened the expansion of the reality of electronic payment, especially in Iraq, as the scope of electronic transactions expanded and this boosted the density within the local market.}
In turn, Ziyad Al-Hasani, director of an electronic payment platform, said: {Iraq is a young man in the field of electronic transactions, but it can be described as virgin, which encouraged the creation of new platforms specialized in this field, and here we can say: This large and promising market needs more regulation.”
The White Paper.. 64 projects and government directions to seek the assistance of international experts
Advisor to the Prime Minister, Alaa Abdul-Hussein Al-Saadi, confirmed, on Wednesday, that the white paper included 64 projects, stressing that international experts would be hired to implement them.
Al-Saadi said, according to the official media, that "the white paper issued by the Iraqi government, in its first and second parts, identified a number of oil projects to increase export capacity, increase production, increase oil refineries, design energy, gas and gas extraction through 6 well-defined projects entrusted to the Ministry of Oil."
He continued that "the white paper includes two parts, the first part of which deals with the Iraqi economic reality and the goals and strategies followed by the government and the translation of these goals and strategies through the second part issued by the government and which included the mechanisms and governance of implementation, in addition to dividing these goals into strategic projects in various ministries." Noting that "there are approximately 64 projects, and each project is divided into a number of goals that must be implemented, and set in a time period," pointing out that "there are approximately 366 goals within the projects."
He stressed that "the announcement to start implementing the white paper projects will be issued soon," noting that "some ministries have started implementing some projects, but the official announcement of the implementation has not started," explaining that "during the coming period, preparations for the implementation process will be completed."
He pointed out that "the 64 projects included in the white paper, we will use to implement them with international expertise and international organizations, in order to provide the best experiences for each project separately, and we will launch a website for the implementation of the white paper, in order to achieve transparency and announce it to people within a very soon."
Injured by security bullets in night demonstrations in southern Iraq and threats to cut off the sea route
A local source in Al-Aziziyah district of Wasit governorate reported on Wednesday that 4 protesters were wounded by security forces' bullets.
Dozens of residents of the district went out on Tuesday evening in protests against the deterioration of the reality of energy supply, which has declined significantly recently due to the increase in demand with temperatures rising to about 50 degrees Celsius and the occurrence of technical or sabotage failures in the electricity transmission and supply networks.
The source added, in his interview with Shafaq News Agency, that the injured were transferred to the judiciary hospital for the purpose of conducting a surgical intervention for them, as 3 of them are in a very critical condition.
The source also indicated that a team of protesters in the governorate center is currently heading to the judiciary, to find out the reasons for using live bullets against unarmed demonstrators, and there may be escalating developments in the judiciary in the coming hours.
In Basra, dozens of people went out late yesterday evening, with nightly protests to demand an improvement in the reality of electricity.
Shafaq News Agency's reporter stated, "Dozens of demonstrators in Khor Al-Zubair took to the streets of the city to demand an improvement in the electricity situation, which has reached a bad level during the past days."
And he indicated, "The demonstrators threatened to cut off vital roads linking Iraq to the world through the sea, unless their demands are implemented."
And the General Company for the Distribution of South Electricity announced on Tuesday, "The occurrence of an emergency technical accident on the national grid, and the disconnection of all generating stations from work in the southern region.
She noted that work is underway to find out the reasons and work to restore the system to work.
PROTESTERS BLOCK DUHOK-ERBIL MAIN ROAD OVER LACK OF ELECTRICITY, SERVICES
This is in Kurdistan
Blocking the main road between Duhok and Erbil on Wednesday (June 30), residents of Chra community in Duhok’s Bardarash district protested about the lack of electricity in the area.
It is the latest protest related to poor public services, with similar protests taking place in Dukan, Erbil city, Penjwen, Bazian, and Kalar over the past week. Though the protests are not coordinated, with local residents acting in response to the conditions that they face every day, the causes and demands are remarkably similar.
Like the other demonstrators, the demands of the protesters in Chra community are two-fold.
First, that the Kurdistan Regional Government (KRG) provide better and more reliable public services, like water and electricity, and create local job opportunities.
Second, that the government answer their demands in a substantive way. At many similar protests, demonstrators have told reporters that they have raised their complaints with the government many times, only to receive no response and see no action taken to address their issues.
On Wednesday, the security forces in Chra community, which are affiliated with the Kurdistan Democratic Party (KDP), broke up the demonstration and cleared the road, but local officials have not commented about the root cause of the protest.
Planning: 4000 slums in Iraq inhabited by 3.5 million citizens
The Ministry of Planning revealed that there are 4000 slums inhabited by 12% of the Iraqi population, with a population of 3 and a half million people, indicating that the solution to this segment lies in the adoption of the slums law that puts solutions for them.
Ministry spokesman Abdul-Zahra Al-Hindawi said, "There is work by the ministry to conduct a comprehensive survey of all slums in the country in order to identify the reality of this segment and answer many questions about them and know their conditions and the existing poverty rate and others," according to "Al-Sabah".
He added: "The requirements of this survey have been completed, but no date has been set for it, but it will be during this year," noting that "the anticipation of the Slum Law will last the ministry's survey, as it addresses the problem and sets solutions and legal cover for all treatments that pertain to this segment," stressing That "the delay in passing the law delays the treatments."
Al-Hindawi continued: "There will be no procedures before the law is passed as it defines and regulates guarantees for these people residing in these areas, as the government cannot demolish slums without alternatives, either by owning the land to its residents bypassing the basic design, or giving them plots of other land, all of which are treatments. within the prospective law.
Finance Minister: The white paper includes 600 changes in laws
After Brussels, Al-Kazemi heads to the Vatican to meet Pope Francis
An official government source said on Thursday that Iraqi Prime Minister Mustafa Al-Kazemi will visit Italy and the Vatican.
The source told Shafaq News Agency, that Al-Kazemi will travel from the Belgian capital, Brussels, to Rome, and then to the Vatican for the purpose of meeting and meeting with His Holiness Pope Francis.
Iraqi Prime Minister Mustafa Al-Kazemi began his official European tour the day before yesterday, Tuesday, by visiting the Belgian capital Brussels.
Below here is the daily WOTS "Word on the Street" report
The dollar exchange rates in the local markets for Thursday, July 1, 2021, according to the monitoring of specialists.
Baghdad - Stock Exchange of struggle الكف
147,250
Exchange rate (approximate)
146,750
147,750
—————————————————
Basra - Bursa
147,300
——————————-
Erbil - Bursa
147,500
——————————-
Mosul - Bursa
147,500
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1458.0000 |  1463.0000 | 1458.0000 | 1457.8000 | 1457.8000 | 0.2000 | 00:00 |
| USD/VND |  23010.0000 | 23015.0000 | 23026.1300 | 23020.4700 | 23026.1300 | -7.6800 | 02:20 |
| USD/CNY | 6.4667 | 6.4687 | 6.4676 | 6.4556 | 6.4556 | 0.0103 | 05:13 |
| USD/KWD | 0.3008 | 0.3018 | 0.3010 | 0.3008 | 0.3010 | -0.0001 | 05:07 |
| GBP/USD | 1.3777 | 1.3778 | 1.3833 | 1.3771 | 1.3831 | -0.0055 | 05:13 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14540.0000 | 14543.0000 | 14573.0000 | 14508.0000 | 14542.0000 | -2.0000 | 05:13 |
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Global oil prices rise to 74.72, the day after the OPEC+ meeting
Oil prices rose on Thursday, as investors awaited a decision from major producers on whether to continue or ease supply cuts in the second half of this year.
Brent crude for the month of September rose to seventy-four dollars and seventy-two cents a barrel, while the US West Texas Intermediate crude for the month of August recorded seventy-three dollars and sixty-one cents a barrel.
Observers expected a widening of the global supply deficit in the second half of the year, with the Organization of Petroleum Exporting Countries and its allies, known as OPEC Plus, continuing to cut production as demand rose.
A new clarification from the Rafidain Bank for citizens and employees
Al-Rafidain Bank issued new instructions to facilitate procedures for citizens wishing to open savings and current accounts to deposit their money in the bank.
The bank’s media office said in a statement, of which “Nass” received a copy, (1 July 2021), that “the bank canceled the requirement to see the definition for customers who wish to open current accounts, with the aim of attracting the largest number of customers, with a commitment to applying the principle of “know your customer” and taking due diligence measures.” .
The bank reiterated its "obligation to submit one supporting document when opening savings and current accounts."
The statement explained that "the unified card dispenses with the rest of the documents, and there is no need to wait for the validity of its issuance, while adopting the civil status identity, passport, housing card, or housing support for those who were not issued a unified card."
CBI Update: Just a note:
including $0. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
6-30-2021 Intel Guru MarkZ [via PDK] In Iraq they are still saying on the street that they will have the highest valued currency in the region…Right now the highest valued currency is Kuwait at about $3.31.
6-30-2021 Intel Guru Holly Wednesday Rv News: We were born for this moment in time! We are part of history in the making. Record the day you get your notifications and go to your appointment. Write it down for future generations that you participated in the greatest transfer wealth ever to happen on the planet. You had a front row seat and actively participated in making it happen. The news was very quiet yesterday as people are gagged. All sources are on board this is our week. We are in a now or never scenario. The go was given and we await the notifications to come out...We are in any any moment time-frame and we are coming up to a three day weekend. We are in the optimal timing for this now...
6-30-2021 Newshound/Intel Guru Petra With Kazemi doing what he's doing and the speech he gave on TV Saturday, telling the country they are about to go international. They are about to support the people. I believe without a shadow of a doubt Kazemi is a man of the people...I think we're marching right up to this very very close based on what they're telling us they're doing.
6-30-2021 Intel Guru MarkZ [via PDK] [Is it quiet out there on RV or is it just me?] Its not just you…its pretty quiet...the PTB, UST, Homeland Security have really cracked down on leaks. This is a good thing. ...We do have a 3 day weekend coming up…perhaps it’s going to be interesting? For those of you who are new to the game…we pay attention to 3 day weekends because the original plan years ago was for the RV to be released on a 3 day weekend so they would have that extra banking day to put everything into place. …Whether or not they still need this…probably not…but we still get nervous on 3 day weekends wondering if “this is it”. Hopefully we will see something before then.
6-30-2021 Intel Guru Frank26 Article: "The advisory body is studying the investment of high oil prices and addressing the effects of the dollar exchange" They're telling you they are changing the rate. Quote: "there is a study that the Central Bank is conducting with the Ministry of Planning and economic experts to address the effects of changing the exchange rate." Oh my dear god. What do you think are the positives of the decision to raise the value of the Iraqi dinar? The Iraqi citizens gain purchasing power. This is what they wanted...
6-30-2021 Newshound Guru Pimpy This next week is going to be interesting in a lot of different ways. Let's see how everything pans out. Let's see what this [U.S.] bombing [Inside of Iraq] has caused. Let's see if anything is going to come of it - bad or good...We have good news in the sense that outside investors are...ready to get in there. The other thing...they have the money to start reconstruction which is good. They weened out their corruption - this is good. We need a strengthened economy - This is good. The removal of sanctions off the Ayatollah in Iran is bad. It's a grab bag of news. It's a mixture of stuff...I'm hopeful...they seem to be moving in a positive direction which is good and that's what we want.
6-30-2021 Newshound Guru Kaperoni One thing I've noticed over the last couple weeks is the significant amount of laws that are related to developing Iraq's economy that they say they are now in the hands of parliament. We've heard this all before it but it's time for parliament to pass these laws.
6-30-2021 Intel Guru Fleming Tuesday RV Report: Our military intel contact said things are moving fast and that as of 1:57 pm EST today Tue 29 June DoD gave a release for lock down of rates and procedures for the shotgun start & T4B notifications —watch today & tomorrow he said...
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