,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, February 12, 2018

IRAQI IQD NEWS, 12 FEB


DINAR GURUS UPDATE, 12 FEB

2-12-2018   Intel Guru Delta    Article:  "Businessmen seek guarantees and bureaucracy to invest in Iraq"  Quote:  “The existence of no restrictions  (ARTILCE 8) on foreign currency transfers, in addition to linking the Iraqi dinar (1-1) to the US dollar." (wink)   ...MY DIFINITION IS IN (  ).  I'M DROPING ALL MICS...

2-12-2018   Intel Guru Frank26   ...THE MR ( monetary reform) IS...MAGMA CORE HOT.

2-12-2018  Intel/Newshound Guru sandyf   I get the impression that many perceive currency coding as nothing more than window dressing, nothing could be further from the truth. Currency codes are the backbone of all financial systems. Every computerized accounting software operates on a base currency and once set that currency code cannot be altered. When a country needs to introduce a new currency, the code must first be issued by the ISO, accounting software needs to be amended and a new set of accounts created in the new currency. This is why I often remind people that a redenomination cannot happen overnight nor in secret. One thing you can be sure of is that Iraq, or any other country is not going to be introducing a new currency anytime soon. It should be noted that the introduction of alternative denominations is an addition to an existing currency and not a new currency.

2-12-2018   Intel Guru RayRen98   [...are We Really There this time?]  WE'RE "SUPPOSED" TO BE!...TREASURY SAYS THIS IS "IT" THIS TIME... ...CAN'T GET CONFIRMATIONS JUST YET... WE'RE NOT WAITING ON IRAQ ANYMORE...  [I thought its the budget thingy...] SMOKE SCREEN STUFF...  
 [ I am so glad this is soon to become a memory...]  THAT MAY BE SOONER THAN YOU THINK!!! ...WE'RE JUST WAITING... TIME WILL TELL IT ALL...

2-12-2018   Newshound Guru Aggiedad77   He [Abadi] is an integrally smart man who is also learning new chess moves IMO from a MASTER...T...and he is about to put Iraq on the roadmap of the world in so many ways...the term "MECCA" won't even be able to fit in Iraq when he is done IMO...expansion like we've never seen before IMO...it is all good...and it is all coming...IMO in a way that you would least expect it to...there are major pieces in this this game that dance to their own rules and are not used to being told no or used to delays...I look for no more delays, no more excuses..."the time is now"...

MNT GOAT UPDATE, 12 FEB


Hi Everyone,

I bring you much news today.

WOW! 

We are almost mid February and still no FOREX rate for the Iraqi dinar. 

In today’s news letter I will try to explain to you where we are in this reinstatement process and hopefully, you will grasp the nature of the situation and understand it.

Seems some still believe that Mnt Goat owes them something? Really? If you are not satisfied with what FREE information I try to bring to the table, then let me see YOU do some research and YOU can bring us the news then. I will then sit back and criticize YOU. Let me see if YOU can do any better. Otherwise the kind thing to do is SHUT YOUR MOUTH! This is a great way to get yourself banned from my FB Page. If this is what you want I can oblige.

More news….

So another scammer using the dinar community to pump their goods.

Appears that a company called “First Liberty National” will sell you gold and silver and allow you to pay for it in dinar (much below market prices given). Really? How nice of them….lol…lol…!!!!!!!!!!!!!!!

Now common sense says to me this - why would they want to sell me gold and silver and (this is the best part) and allow me to pay them in dinar? Yes, dinar not US dollars. To me this is WOW news and confirms to us all that the dinar is very valuable and is in demand or will be shortly in very high demand.

So again I ask why in hell would they take it if not valuable? What the hell would they do with it, if in fact, it was worthless, as they claim.

You have to THINK and see through these charlatans. Yes, they are preying on us all and if we are not careful they will slip by and get our dinar.

STAY ON TARGET!

DO NOT LET THESE DINARS SLIP FROM YOUR GRIMMY LITTLE HANDS!

BECAUSE THE DINAR IS GOING TO BE MORE VALUABLE THAN THE GOLD AND SILVER

More news….

So recently I did another one of my surveys. This one was on the ZIM and the phony intel being spread around that we are going to take a 100 trillion ZIM dollar note that’s 100,000,000,000,000.000, then exchange this note and end up with trillions in our account. Yes just from one note. Really?

So I am glad to see the results. Appears we still have many sane people following my Page. Nearly 75% feel this is a scam.

Remember what I said about this ZIM currency so there is no misunderstanding later. I did not EVER say that the ZIM does not have great potential and that maybe even a “backdoor” or “side” deal has been make between the new government of Zimbabwe and the USA to somehow maybe use the ZIM as a certificate for futures. But the evidence of this currency being a “Bond” note as claimed is just so ridiculous. It is just so wrong and so when they lie to you them how can you trust anything they tell you? One lie layers on another. They really must THINK we are stupid, but I can see now that my readers are more educated than most of the idiots out there. Thanks to everyone who took part in the survey.

More news….

Baghdad: al-Furat News) Speaker of the House of Representatives, Salim al-Jubouri, will hold a press conference tomorrow at 1 pm in the press center of the parliament building. Jubouri is likely to address the most prominent developments in Parliament and the draft budget bill for 2018

More news….

Journal News February 12, 2018

MP for the National Alliance Hassan Khalati, said that “THE BUDGET WILL CONTINUE AFTER THE COMPLETION OF THE SECOND READING IN PARLIAMENT, WHICH WAS SUPPOSED TO BE READ IN YESTERDAY’S SESSION, BUT BECAUSE OF THE ABSENCE OF A LEGAL QUORUM WAS NOT PUT ON THE AGENDA OF THE MEETING”

He said in a statement that “after the second reading, will go to the House of Representatives to vote on the budget law, and this is what we seek and work on it in the coming sessions.”

He added that “the Kurdish deputies to stop boycotting the sessions of Parliament in relation to the budget of 2018, but everyone must resort to the Constitution in the issue of distribution of shares in the current budget.”

The Kurdish blocs that the draft law of the financial budget for 2018 “marginalized” the Kurds and canceled the territorial entity, while pointed out that the participation of Kurds in the upcoming elections are not related to the implementation of their demands in the budget.

(Mnt Goat – again I want to emphasize that no budget - no RV. Just saying is there a connection?)

*************************************************************

Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks. 

*************************************************************

Articles Begin

TRUMP MEETS IRAQI OFFICIAL – COMMENTS THE BANDITS OF A GROUP OF THIEVES

The last of Trump's own comments about Iraqi officials emerged after a delegation of them visited the president earlier in the Oval Office, describing them as" the bandits of a group of thieves who met them, "the Newsweek magazine reported in a report. in my life)".

"The comment was a joke, but Trump appears to indicate that Iraqi officials have stolen from the US $ 1.7 billion in humanitarian aid provided to Iraq since 2014," the magazine quoted a US official as saying.

"This is not the first time that Trump has accused Iraqi officials of stealing from US coffers. In his presidential campaign, he said Iraq is as crippled as hell," the report said.

Trump also was accused of some US soldiers of stealing when he said, "I want to know who the soldiers were, because I think they are living well, no matter what they are."

Source: / Information /

*************************************************************

PARLIAMENTARY FINANCE: THE KURDS WERE SATISFIED WITH 12.67% OF THE BUDGET AND THEY HAVE NEW DEMANDS PLACED ON THE TABLE

Baghdad today _ special Revealed a member of the parliamentary finance committee, Rahim Darraji, Saturday, that the Kurdish forces in the House of Representatives has become convinced of the allocation of 12.67% of the draft federal budget in the current year of the region, while referring to the importance of the presence of Prime Minister Haider Abadi in the parliament session.

Tomorrow Sunday the presence of Abadi to the meeting is necessary to pass the budget tomorrow, and resolve differences related to the Kurdistan Alliance. He added that "there must be a middle way to develop solutions with regard to the demands of the Kurdish blocs," noting that "the Kurds became convinced by the Kurds, 12.67%, of the draft budget, but they have other requests can not be resolved only with the presence of.

Abadi He added that "the objections and demands of the National Alliance have been resolved, in addition to the Union of Forces reached an agreement on increasing the reconstruction of destroyed cities and support the return of displaced people before the elections next May.

As if a member of the Finance Committee in the Iraqi parliament, Massoud Haider, has revealed the reduction of the government of the Kurdistan region in the budget of 2018 from 17% to 12.67%, as published last October draft leaked.

*************************************************************

MALIKI STRESSES TO A DELEGATION OF UNIVERSITY PROFESSORS ON THE NEED TO REFORM THE POLITICAL SYSTEM

Baghdad / Al-Ghad Press: 

The Vice President of the Republic, Nuri al-Maliki, during a meeting with a delegation of professors of Iraqi universities, on Saturday, the need to reform the political system, which was damaged due to quotas and sectarianism.

The press office said in a statement received "Al-Gharab Press" a copy of it, "The Vice President of the Republic Nuri Kamal al-Maliki received in his office today a delegation of elite and professors of Iraqi universities."

Maliki said during the meeting that "Iraq needs the experience of professors of universities and colleges and various scientific and educational institutions," noting the importance of "permanent communication between officials in the state and academics and specialists in all fields."

The vice president called on university professors to "invest their educational mission in raising awareness among students about all issues of interest to the country and its children and provide them with the knowledge required so as not to fall prey to misinformation and falsification of awareness."

He pointed out that "Iraq and after the victories that have been achieved will be ahead of an important stage that requires the mobilization of efforts to achieve the electoral benefits, so must take the elite and scientific and academic competencies role in building the state," stressing the need to "reform the political system, which has been flawed because of quotas and sectarianism , Which led to the deterioration of the situation and helped deepen the crisis rather than solve it, it is necessary to work on a comprehensive reform in the structure of the Iraqi political system.

*************************************************************

Baghdad today - follow-up Parliament speaker Niyazi Mammaroglu on Sunday expected to vote by an absolute majority on the budget law in the parliamentary session scheduled for today. "The agenda of today's session includes the completion of the vote on the drafts of six different laws in addition to voting on the proposal to amend the electoral law, which includes 7 paragraphs," the newspaper "Sabah" quoted Oglu as saying. "The session may discuss the budget law and may be voted by an absolute majority . "

The member of the parliamentary finance committee, Rahim Darraji, revealed on Saturday that the Kurdish forces in the House of Representatives has become convinced of the allocation of 12.67% of the draft federal budget in the current year of the region, while referring to the importance of the presence of Prime Minister Haider Abadi in the parliament session tomorrow .

*************************************************************

BAGHDAD / Al-Sabah / Shaima Rashid 

At the time announced by the House of Representatives, Niazi Amaragoglu, that the agenda of today's session includes reading and voting on a number of laws, including the budget bill, the IRAQI NATIONAL ALLIANCE INTENDS TO MOBILIZE ITS DEPUTIES TO OVERCOME THE PROBLEM OF INCOMPLETE QUORUM parliamentary sessions AND PASS THE LAWS STALLED, and while the National Coalition expressed opposition to passing the budget by majority, indicating that the opening of direct dialogues between the government and the region on the one hand and between the oil-producing provinces on the other is the only way to reach an agreement satisfactory to all parties.

Majid Shankali, the vote on the budget during today's session, pointing out that the Kurds will not participate in any meeting where the budget for discussion or vote election law.

*************************************************************

END OF THE CRISIS BETWEEN THE FEDERAL GOVERNMENT AND THE KURDISTAN REGIONAL GOVERNMENT

The President of the House of Representatives Salim al-Jubouri, on Sunday, the end of the crisis between the federal government and the Kurdistan Regional Government.

Jubouri said in an interview with the "seventh day" that the "crisis of the Kurdistan Region ended, and relations returned," adding that "was agreed on the general grounds for understanding, and returned the Kurdish deputies to exercise their work in Parliament."

". He added that "the relationship between the two governments exists, and the authority of the federal government on the ports exist, and a road map was developed," noting that "salaries of workers in Kurdistan will arrive in the near future."

Abizaid and Jubouri "there was a desire on the part of the Kurdish dialogue, and faced positive reactions, and things took place in this framework."

*************************************************************

FORMER MINISTER: $ 500 BILLION WILL RETURN TO THE STATE BY APPLYING THE LAW “WHERE DO YOU GET THIS”

Baghdad – Mawazine News – Former Minister of Water Resources Mohsen Al-Shammari revealed that 500 billion dollars will be returned to the State Treasury in the event that a law is applied “Where did you get this”.

The House of Representatives on Saturday, during the session of the House of Representatives first reading of the proposed law on graft “Where did you get this.”

“Former Minister of Water Resources Mohsen al-Shammari, it is likely to recover 500 billion dollars to the state treasury if the law applies” Where did you get this? ”

“According to the statement,” in line with the first reading of the law “where you have this” by the Iraqi parliament, it should include two paragraphs are essential, “noting that” these paragraphs are where you have this retrospective since 1979 and hold everyone accountable for what they have Of movable and immovable property without exception and large and small alike. ”

The former minister pointed out that “we must not forget that the legislative imbalance in Iraq has been addressed, we have the executive institutions of such legislation and decisions, which need the independence and expertise and efficiency to implement legislation.”

Al-Shammari said: According to preliminary estimates, the value of the amounts to be returned to the state treasury exceeds the value of (500) billion dollars, which is sufficient to remove the accumulated concerns on the chest of Iraqis and raise the value of the credit rating of the Iraqi economy to a high level and thus the global capital flows to work in Iraq, Our jobs have a record period.




Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. Let us all now also keep praying. I have composed a prayer maybe we can all pray today in our own way and until the revaluation occurs.

PRAYER

“For the prime minister and all his cabinet members, and parliament that they may be anointed by the Holy Spirit to do God’s will and bring the free Republic of Iraq to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption”. That they may be a shining example for the rest of the middle east and the world to follow. In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat

KTFA UPDATE, 12 FEB


Aggiedad77 » February 10th, 2018

FRANKIE.....FRANKIE.....WHY AM I SEEING STARS......OH THEY ARE SO BRIGHT.......IT'S MY HUMBLE OPINION IN READING THIS ARTICLE IT IS ALMOST AS THOUGH IT WERE OUR "FRIEND" (WS)SPEAKING TO US......

FAMILY TAKE CAREFUL NOTICE OF WHAT THIS ARTICLE IS OFFERING TO YOU.......THEY TALK IN THE "PAST TENSE".......

TAKE NOTE OF THESE PHRASES...."THE CBI HAS WORKED"....."STRUCTURAL POLICIES WERE DRAWN UP"......."ISSUED ITS STRATEGY"......"SET OBJECTIVES"......"WORKING AND DEALING WITH BANKS".......THESE ARE ALL IN THE PAST TENSE MEANING THIS WORK IS DONE.....

JUST AS OUR "FRIEND" BEEN TELLING US THROUGH FRANK OF ALL THAT HAS BEEN GOING ON.......THIS IS NOT JUST THE CBI CROWING.....IMO.....THEY ARE SINGING IN THREE PART HARMONY FOR ALL THE WORLD TO HEAR.....

"I'D LIKE TO TEACH THE IRAQI CITIZENS HOW TO DEAL WITH THEIR NEWFOUND WEALTH.....THAT IS COMING".......IMO......WAIT FOR IT.....WAIT....THE BEST IS ARRIVING.....SO VERY SOON......

OH BUDDY........ARE WE THERE YET......KEEP YOUR HANDS INSIDE THE RIDE JUNIOR UNTIL IT IS ANNOUNCED THAT IT IS SAFE TO MOVE ABOUT......OH BUDDY.....JOYFULLY EXCITED I AM. ALOHA RANDY

Samson » February 10th, 2018

Al-Nasiri: Central Bank aims to build a solid banking sector in 2018


10th February, 2018

Samir Al Nusairi, the economic and banking advisor to the Association of Private Banks, affirmed that the Central Bank's adoption of standards and controls conforms to the requirements of international standards and the basic and subsidiary objectives of its strategy until 2020 and to activate and consolidate new visions of monetary policy applications for the purpose of achieving its objectives set out in Law No. 56 of 2004 based on transparency, disclosure and application of international standards And the confidence in banking transactions between him and banks and thus building a solid banking sector will be one of its important objectives in 2018.

Pointing out to the demand of the banking departments in cooperation with the quality departments in the central bank to implement the instructions and the rules and regulations and executive decisions issued by the higher authorities and that the implementation is in line with the spirit and contents of the instructions and to enhance the continuation of the provision of banking services to customers and achieve the objectives of monetary policy and continued efforts made by the exception of the Association of Banks Banks are improving their banking reputation with international financial institutions and organizations and correspondent banks.

Al Nusairi said that the Central Bank has worked during the past two years with deliberate and sequential steps and coordinated with the concerned international bodies and building strong relations with the Arab and foreign central banks as well as the Association of Banks to move across the Arab and foreign countries to clarify the bright points of the Iraqi banking sector and developments during 2016 and 2017. ​

The Central Bank, where procedural, regulatory and structural policies were drawn up and issued its strategy for the years (2016-2020) and set its objectives to achieve financial stability and develop banking work technically, structurally and organizationally with a view to achieving financial coverage. 

Has prepared and laid the foundations of financial and technical appropriate to the reality of the Iraqi economy and the mechanisms of banking work, which formed a solid base on the scale of the home and abroad, which led to the transfer of the state of the Iraqi economy in its main rings and the most prominent financial sector from the stage of gray to follow-up and was expected to move to the advanced stage in the other

He added that all this led the Central Bank to plan for a new phase in 2018 based on the following pillars: - 

1 - Working and dealing with banks Balayat and work standards and a new evaluation to lift the pressures of specific instructions and give them the flexibility and many facilities and facilities to achieve the central objectives in economic and banking reform is transparent and transparent, with strict adherence to the application of international standards adopted.

2 - Dealing with banks based on the provision of new and high-level banking services and products and restore public confidence in the banking sector and achieve a strategy of financial inclusion. In addition to its results and the extent of its commitment to implement the monetary policy directions of the Central Bank and reflect on its actual contribution to GDP and its contribution to sustainable development and its transition from the role of banking to the developmental role. 

3- Dealing with banks in accordance with the evaluation and classification criteria adopted by the Central Bank in accordance with international standards. 

He concluded by saying that the Central Bank has introduced new policies and visions and mechanisms of smooth implementation, but it is monitored and followed up on a daily and accurate basis inside and outside Iraq in order to achieve the above economic goals and strengthen international banking relations with the international banks in order to serve our national economy and the banking sector. LINK

GMAN » February 10th, 2018

Seems like implementation is the new word of the day.

JesusLovesBaseball » February 10th, 2018

Rafidain Bank

3 hours ago

Rafidain Bank announced the resettlement of the salaries of employees of the headquarters of the Shiite endowment electronically to give them advances and loans

# Media_bank_Ravidin

announced the Rafidain Bank on the resettlement of salaries of employees of the headquarters of the Shiite Waqf bureau to receive their monthly salaries electronically. "The salaries of employees of the Shiite Waqf [headquarters] Their monthly salaries by electronic card instead of manual cash. "

He added that "this step has several advantages for the employee, including access to advances and loans granted by the bank, like the employees of some ministries and other state institutions that receive monthly salaries from the bank." LINK

Frank26 » February 10th, 2018

OVER 400 WERE IN TEAM CHAT ................. AS I GAVE .................. 3 POWERFUL THINGS TO CONSIDER .............THEN ONE FINAL ONE. FOR THE REST OF KONA ...........TRUST ME ........... IT WILL BE SHARED ON MONDAY CC AND ........ MORE !!! 

Hazen » February 10th, 2018

We have to wait till Monday's CC's Can you give us a hint Frank.....please!!! 

Frank26 » February 10th, 2018

OK ...... IMO ..... IT'S NOT THAT THEY THINK NOR CONSIDER THE RI ............. IT IS THAT THEY DO IT.

OUR TEAMS HAVE NOTICED A NEW PATTERN WITH AMERICAN BANKS :

MANY OF THE "FOUR" ARE SENDING THEIR CUSTOMERS NEW PROCEDURES ON FOREIGN CURRENCY TRANSFERS .......VIA WIRING OR JUST ABOUT THEIR ACCOUNTS.

IF THIS WAS JUST ON ''CURRENCIES'' ......THEN THAT WOULD BE NORMAL........BUT ........... THEY TARGET "FOREIGN CURRENCIES" !!!

ALSO ....... BANK ANNOUNCEMENTS ARE NORMALLY DONE AT THE START OF A YEAR ........... NOT IN THE MIDDLE OF FEBRUARY IMO.

HENCE WHY WE ASKED YOU TO CALL YOUR BANKS LAST WEEK SO YOU COULD NOTICE ............ THE NEW ATTITUDE.

IMO ON MONDAY IN KW ............ THE LL (long line) DOES NOT SEEK A BUDGET FROM A ................ BUT MORE SO AN EXPLANATION OF ...............IRAQ'S CURRENCY !!! !!! !!! 


Great4u » February 10th, 2018

Doesn't that mean the 2nd article will be out? Isn't that what that 2nd article is for? To explain there currency? DONE AND WON!!!!! IMHO 

Frank26 » February 10th, 2018

FINALLY !!!!!!!!!!!!!!!!!!! ............. GUESS EVERYONE WAS SLEEPY LAST NIGHT ............... 

Doodlebug » February 10th, 2018

Nah... we weren't sleepy last night, just excited! Of course they aren't going to talk about their budget, who cares about that! I would want to know about the laws that are going to protect me, how I am going to exchange my currency while doing business, the banking laws that will protect my company & my contracts, the transfers, payments, insurances ... the who, what, why and how about everything IQD. YAY Iraq!

Frank26 » February 10th, 2018

YES !!! !!! !!! ................. YOU ARE NOW .................. GETTING THE TRUE PICTURE OF ............... THE KW CONF !!! MONDAY CC WILL BE ............... FUN.

Manu68 » February 10th, 2018

Cheers Frank... break in patterns is a good thing at this point in time. As has been said repeatedly “OPEN IT!!!”

Frank26 » February 10th, 2018

CHEERS TO U SIS ................. NOTE:
THEY DROP THEIR TANKS AND ............... TURN ON THEIR AFTER BURNERS ......TO GO SONIC. ALOHA DREAMS ...\M/


Doodlebug » February 10th, 2018

Just had this thought, I think the Kuwait Conference IS the 2nd Article. A member responded to me in team chat room and said, "could be but in their opinion, we would still see it in print." and I said, "Of course it will be in print... they are called HANDOUTS!" 

Thoughts?!?! Anyone? Bueller, Bueller, Bueller?!?

DELTA » February 10th, 2018

BRAVO SAMSON. DROP THE MIC..........WOW

Frank26 » February 10th, 2018

KONA FAMILY .................. YOU NEED TO READ THIS WITH THE HEART OF A STUDENT OF YOUR INVESTMENT .............. THIS IS THE MAIN SOURCE .............. DO NOT WALK BY THIS ...........''ARTICLE".

I SEE DELTA DIDN'T ................. WALK BY .................. ...........KONA .......... WHEN TEAMS USE RED ........... YOU SHOULD PAY CLOSE ATTENTION......... PLEASE ENJOY THIS ....... ''ARTICLE". ​


Samson » February 10th, 2018

Al-Nasiri: Central Bank aims to build a solid banking sector in 2018


10th February, 2018

Samir Al Nusairi, the economic and banking advisor to the Association of Private Banks, affirmed that the Central Bank's adoption of standards and controls conforms to the requirements of international standards and the basic and subsidiary objectives of its strategy until 2020 and to activate and consolidate new visions of monetary policy applications for the purpose of achieving its objectives set out in Law No. 56 of 2004 based on transparency, disclosure and application of international standards And the confidence in banking transactions between him and banks and thus building a solid banking sector will be one of its important objectives in 2018.

Pointing out to the demand of the banking departments in cooperation with the quality departments in the central bank to implement the instructions and the rules and regulations and executive decisions issued by the higher authorities and that the implementation is in line with the spirit and contents of the instructions and to enhance the continuation of the provision of banking services to customers and achieve the objectives of monetary policy and continued efforts made by the exception of the Association of Banks Banks are improving their banking reputation with international financial institutions and organizations and correspondent banks.

Al Nusairi said that the Central Bank has worked during the past two years with deliberate and sequential steps and coordinated with the concerned international bodies and building strong relations with the Arab and foreign central banks as well as the Association of Banks to move across the Arab and foreign countries to clarify the bright points of the Iraqi banking sector and developments during 2016 and 2017. 

The Central Bank, where procedural, regulatory and structural policies were drawn up and issued its strategy for the years (2016-2020) and set its objectives to achieve financial stability and develop banking work technically, structurally and organizationally with a view to achieving financial coverage. 

Has prepared and laid the foundations of financial and technical appropriate to the reality of the Iraqi economy and the mechanisms of banking work, which formed a solid base on the scale of the home and abroad, which led to the transfer of the state of the Iraqi economy in its main rings and the most prominent financial sector from the stage of gray to follow-up and was expected to move to the advanced stage in the other

He added that all this led the Central Bank to plan for a new phase in 2018 based on the following pillars: - 

1 - Working and dealing with banks Balayat and work standards and a new evaluation to lift the pressures of specific instructions and give them the flexibility and many facilities and facilities to achieve the central objectives in economic and banking reform is transparent and transparent, with strict adherence to the application of international standards adopted.

2 - Dealing with banks based on the provision of new and high-level banking services and products and restore public confidence in the banking sector and achieve a strategy of financial inclusion. In addition to its results and the extent of its commitment to implement the monetary policy directions of the Central Bank and reflect on its actual contribution to GDP and its contribution to sustainable development and its transition from the role of banking to the developmental role. 

3- Dealing with banks in accordance with the evaluation and classification criteria adopted by the Central Bank in accordance with international standards. 

He concluded by saying that the Central Bank has introduced new policies and visions and mechanisms of smooth implementation, but it is monitored and followed up on a daily and accurate basis inside and outside Iraq in order to achieve the above economic goals and strengthen international banking relations with the international banks in order to serve our national economy and the banking sector. LINK

Courses to develop the efficiency of employees at Zain Islamic Iraq Bank

10th February, 2018

The Bank of Zain Islamic Iraq continues to organize courses for the development of competencies working in the banking sector in general and Islamic banking in particular.

"The expansion of Islamic banking in the world has led us to adopt the idea of ​​raising the competencies of employees in the banking sector," said Raghad Nabil Al-Najjar, assistant director of the bank's managing director.

He pointed out that the country is ahead of a broad work stage in all sectors and need international effort, which is looking for a banking sector capable of dealing with the large capital used in various investments.

Najjar pointed out that "the Iraqi banking sector needs to open up to the world and the conclusion of understandings with the leading international banks to supply advanced banking technology." LINK