KTFA – More News, Rumors and Opinions Wednesday Night 10-18-2023


Clare:  Parliamentary Finance hosts the Ministers of Finance of the Center and the Region

10/18/2023  Baghdad – 

The Parliamentary Finance Committee hosted, today, Wednesday, the federal and regional finance ministers.

The Media Department of the House of Representatives stated in a statement, a copy of which Mawazine News received, that “the Finance Committee hosted the Federal and Regional Ministers of Finance.”

She added, “The hosting came to discuss the region’s revenues and implement budget instructions.”    LINK

Clare:  It includes American forces.. An unknown bombing on the Al-Harir base in Erbil

10/28/2023   Baghdad – 

A security source reported an unknown bombing on the Al-Harir base, which houses American forces, in Erbil.

The source said in an interview with Mawazine News, “An unknown bombing targeted the Al-Harir base, which houses American forces in Erbil.”

Reuters quoted two American officials as saying that the US army thwarted an attack by two drones targeting its forces in Iraq early on Wednesday morning.

The two officials – who requested that their names not be mentioned – added that the US army intercepted the two drones before they reached their goal, as they put it.

The two officials indicated that the two drones were intercepted when they targeted the Ain al-Asad air base in Anbar Governorate, western Iraq, which hosts American forces, but the officials declined to specify the party suspected of carrying out the attack.   LINK


Clare:  The Governor of the Central Bank of Iraq receives the British Ambassador to Iraq

October 17, 2023

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received His Excellency the British Ambassador to Iraq, Mr. Stephen Hitchen.

During the meeting, the Governor stressed that the Central Bank of Iraq played a major role over the past years in revitalizing the Iraqi economy, through its various initiatives, pointing out the need to support the government’s directions in diversifying the Iraqi economy, supporting the private sector, and improving the work environment in order to attract local and foreign investments.

His Excellency reviewed the mechanism of external transfers and the efforts made to organize them in a manner consistent with the requirements of local and international rules.

During the meeting, Iraq’s membership in the European Investment Bank, which the Iraqi Council of Ministers agreed to join, was discussed, and the possibility of benefiting from the great opportunities it offers.

For his part, His Excellency Ambassador Stephen Hitchen affirmed his country’s support for the directions of the Central Bank of Iraq and meeting the requirements for its progress.

Central Bank of Iraq
Media Office
October 17, 2023


Courtesy of Dinar Guru

Mnt Goat   The saga about the Iraqi dinar RV only gets better as the months roll on. More and more pieces are put in place for the inevitable revaluation and reinstatement of the dinar. It has become not a matter of “if” these events will occur but “when”.

Pimpy  Article: “Al-Kadhimi: The decision to increase the interest rate will activate the banking system inside Iraq   Will increasing interest rates on your account to 7.5% draw people in?  Heck yeah it will!  If a bank did that in American you would see a lot of people run to it… Quote:   “The Central bank’s decision…falls within banking reform measures… of prime minister Al-Sudani’s directives… The decision…will certainly encourage citizens to deposit in banks which will stimulate financial movement…in addition to… reducing the exchange rate of the dollar against the Iraqi dinar.”  That’s really what the goal is…If this doesn’t work there’s going to be other measures that need to be taken in order for them to do something about closing that gap between the parallel market and the set rate of 1320 dinar.


Economy news Iraq iqd #iraq

Nader:  10-18-2023