Clare Article: “World Bank issues optimistic report on Iraq, points to ‘major transformation‘ ” Quote: “The World Bank issued…report, which indicated that Iraq is witnessing a major transformation in improving the business environment, “noting” the progress made by Iraq in vital areas such as regulatory frameworks, public services, and operational efficiency.”
Militia Man World Bank [report] today praising Iraq, is in line with ample work is being done and yet to be reported. With as good as that report is and there is more to come that is suggested to be even better is amazing.
Frank26 We know everything up to the float is done. To make it international will take you from the float to the REER.
Bruce [via WiserNow] It could be that we…start exchanges…[Friday] or over the weekend… the prospects of this going [Friday], Saturday through the weekend, is they’re very strong, very strong.
Pimpy There’s a lot of reforms taking place and a lot of great changes happening in Iraq…Just hang tight. Just wait for them to change…
Clare “2024 Census.. Planning receives 125 thousand tablets and stresses the confidentiality of citizens’ data” Quote: “The past few days witnessed the arrival of 125,000 tablets to the ministry, which will be distributed among researchers and enumerators in the governorates to conduct the general population census that will be implemented on the 20th and 21st of next November, noting that a curfew will be imposed on these days to facilitate the procedures of the census employees.”
Samson Article: “World Bank: Iraq has made progress in improving the business environment, making it globally competitive”
MarkZ [via PDK] I now have 2 bankers/redemption folks who say they will be working this weekend. One of them said they are making new system software updates….while the other one says they are preparing for an influx of new wealth management clients this month.
Militia Man Article: “Central Bank Governor: New mechanism for financial transfers to Türkiye in euros launched” The amount of coordination that must be on going behind the scenes must be intense now.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy…from what he’s gathering and hearing in the rumor mill the currency swap out will be in November…But it’s not official. He’s not speaking for the bank. But what he’s hearing, he’s thinking this is pretty good.
Mnt Goat Prime Minister Mohammed Shia al-Sudani confirmed from New York that the currency sale window will close at the end of this year, while revealing the government’s intention to establish a new bank that adopts the latest technologies. WOW! WOW! We have been waiting for this for decades. Now it Is reality. Finally!!
yada Article: “- The Central Bank of Iraq launched its financial transfers to Turkey in the euro currency.“ This means the business with Turkey, primarily the pipeline that was halted in March of 23 due to illegal usage is now opening back up with transfers in Euros. Add this to the Iraqis receiving their salaries from Jan 24 to Aug 24, we are in for great celebration with the rate release. IMO