Iraq Dinar-Prime Minister of the Region to Al-Sudani to Activate Article 140 (Uncut) 04-18-2025
Iraq Dinar-Prime Minister of the Region to Al-Sudani to Activate Article 140 – Resolving Article 140
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Hey, everybody’s welcome So, thank you. So tonight. Here’s an article.
It’s called Nesravan Barzani He’s from the Kurdistan region calls on al-saddani the prime minister of Iraq to activate the article 140 committee And thanks his efforts in the city of Halabja. Okay, it says on Wednesday Which was yesterday? called on the Prime Minister Muhammad Shia al-saddani to activate the 140 Constitution for the article 140 of the Constitution in the disputed areas between Erbil and Baghdad this has been contentious for 20 years or more and They’re praising the same time his role in established establishment of Halabja, so they’ve Acknowledged a country of a province if you will or an area of Iraq That to be in you know have I guess effectively constitutional rights He says I emphasize here the urgent implementation of the property restore Restore a law which is they used to call it the real estate law I think and the act the activation of the article 140 implementation committee of the Iraqi Constitution and he says We will continue to engage in constructive dialogue with the federal government to reach Solutions to all problems in a way that serves interest of Iraq in all its components and ensures constitutional rights and entitlements well constitutional rights and entitlements are going to be about voting and they’re also going to be about entitlements and Those entitlements are involved with article 140. That’s the natural resources of the country how to allocate those funds that they get From that portion of the society if where they the region they live in and to get a Part of that and that’s what the citizens are looking for.
They’re looking for their purchasing power So if you encumber all that extra Natural resources from a specific area in the country. It’s just going to add to the support of their real effective exchange rate Okay, so today’s a big day, you know in Somalia Suleymaniyah, there was over 700 attendees at a meeting where Barzani is openly calling on the Prime Minister activate this 104 this article 140 so there were 700 people and in witness to attendees that this Barzani is calling on the Prime Minister to activate the article 140. Okay Are they doing that today for a special purpose that’s about to take place and that’s a good question It probably it feels to me at this stage of the game after 20 years.
I think it’s time It sure looks like it. Okay. Is this a coincidence that they’re doing it today? I don’t think so I really don’t I mean if you if you’ve really been paying attention to all the news that we’ve brought in for the last two Years while al-saddani has been in office.
I think you would probably agree with me on that that it’s highly important and it’s very It’s a very big big time friend, especially with 700 Entities from around the world that are there Okay, here’s an here’s another article that says an upcoming meeting between Baghdad and herbal to resolve the Kurdistan oil export file We all know that they haven’t Started pumping oil they’ve charged the pipelines effectively That’s what we believe and it’s in print that they’ve done that it’s been tested. It’s been ready since 2000 2023 and They haven’t started flowing the money yet. Why that’s What we believe is because they don’t have that real effective exchange rate to do so at this stage.
Okay This is the head of the cabinet of the Council of Ministers of the Kurdistan regional government His name is omid Sabah revealed on Wednesday an important meeting between The Kurdistan regional government and the federal government which was going to be held next Saturday The government is to discuss the region’s oil export file in the presence of representatives oil companies That are operating in the region He says the oil export file is receiving great attention from the regional government and has fulfilled all its obligations related to this file Fair enough. I mean if all the obligations have been taken care of obviously there’s going to be a component that’s going to precede that Happening they’re going to have to have I believe that real effective exchange rate. We’ll have to wait and see how that turns out He goes on and points out the next phase will we will see Subsequent steps to open up to other parties with the aim of forming a strong government capable of facing existing challenges So they’re kind of talking about because later in the year.
I think it’s in November They’ll have elections and sounds like al-sudani today is going to be running again, which is good And what does he want to do? He wants to finish his reform projects Some of these reform projects are going to last and not be an ongoing issue long after him Okay, even if he does get another term, it’s fact Okay Basically it looks like you know oil is an important topic Obviously on the same day the USA resumes talks Saturday this doesn’t surprise me at all because it’s totally welcomed as This call by Barzani to activate article 40 140 today and during a major international forum Which is going to happen between the United States and the neighbor Iran on Saturday Look, they’ve already had a communication on last Saturday here. They’re talking article 140 for this Saturday They say next we say this. Okay, because that’s what it’s coming.
It’s this Saturday to them. It’s next Saturday So, let’s see how they see how they roll with that I would assume they’re gonna roll with it really nicely Here’s another article from the Kurdistan Prime Minister and he’s talking to the central bank It says Iraq’s central bank governor discusses digital finance reforms and cash reduction plan You can get at this in discord and our Patreon you get my views on it and I’m going to talk about it It says the Kurdistan region Prime Minister Barzani again receives Today on the central bank of Iraq. His name is all Michonne I’ll a lock if you guys don’t know that but I believe you do He says for senior level talks centered on an accelerating financial sector reforms boosting digital transformation Initiatives in the Kurdistan region.
So Baghdad and everybody’s already been on board with this now Kurdistan’s on board It says both sides emphasize the importance of reducing the physical cash and In the market so physical cash in the market and advancing secure digital payment systems And you’re gonna I’m gonna give you get something the central bank talks about tonight about that Okay, Prime Minister Barzani. He reaffirms his government strong commitment to continuing expanding the digital payment transformation strategy across the Kurdistan region Underlining its role in ensuring transparency efficiency and long-term economic development Ensuring transparency and efficiency is going to be the new technologies that they have. That’s a that’s for sure less cash and they’re going to have Hopefully a digital denier to come out of it because that’s what Allah lock has stated He was going to do and I’m assuming that’s what he’s going to do I surely believe that this is a timing thing that we’re seeing today basically, there’s many things that are coinciding on and around at the same time a lot of key items in the news that show their serious effort About things getting accomplished.
I mean there’s a laundry list of all the things that have been accomplished especially over the last two years Okay, it almost looks like they’re having some sort of a synchronicity because look they have This meeting with a neighbor trading partner Okay, we have trading that’s going to be done in a digital environment and it’s going to have efficiency and transparency and also we’re talking about digital payments across the region and Across borders and that’s going to take new technology and it’s going to take what the Central Bank of Iraq has done for the last 10 years Okay, that is that’s what’s been going on This process isn’t just something that got started two days ago or a week ago And it’s not just basically Iraq’s doing this and Iraq’s doing that It’s not about that anymore It’s a global thing the impact that Iraq is going to have and other currencies in the world when they all adjust as Petra says our team member all boats rise with the tide and a lot of boats are going to start rising and All of this stuff is being synchronized there’s some really good information out there if you guys do your digging you’re going to find that there’s some really bright people that have Analyzed exactly what is happening and I think basically instead of being a Cold War or anything like that in the world it’s more about money and it’s They talk about tariffs you got to think about think of outside the box and sort of paying attention to that because what’s happening leveling that playing field is all about trade and again cross-border Payments. Okay, it’s going to be a Inclusive in that and that’s just very generic and basic, but there’s some good information out there But this article here is components of Iraq’s payment system. This comes from the Central Bank So components of the Iraqi payment systems, what is it it says Iraqis payment system consists of the following systems 24-7 real-time gross settlements, which is RTGS.
Is this a new thing? No, they’ve been upgrading it for the last 10 years. Yes they have a Checked automated clearinghouse. They have interbank clearing system.
They have a central securities depository They have a trading system like like the ISX for instance retail payment infrastructure in Iraq So they go on and talk about real-time gross settlements. They talk about that check automated clearing system, which is they call C ACH if you guys know what ACH is it’s it’s payments. It’s it’s cross-border payments even and it’s also What we get direct deposits if you will like me, I’m in business for myself By the way, I don’t just do this.
I have another full-time job So this is a second job, so keep that in mind It’s a system that enables participating banks and their branches to exchange payment orders among themselves internally in an automated manner That’s just a brief snip of it snippet of it But you can find this in patreon, but you can also find it if you do your research on the CBI’s website They talk about using Rafidane Bank Rashid Bank Baghdad Commercial Iraq Bank Middle East Bank They’re just they talk about branches where they’re located. It talks about here an interesting part It says the electronic clearing system has been updated to support again updated to support the automation of financial transfer Excuse me, everybody financial transfer For the government departments and spending units their accounts open with the government banks for the purpose of completing Reconciliations, so they need to consolidate understand reconcile, you know ins and outs and Following up on their settlements. Okay by providing with electronic authorizations, so they call it an e-token Well, isn’t it? Interesting now, I’m not saying that they’re talking about tokenized currency But I would have to say that they use an e-token as a term Should be something to think about Have they talked about he took or tokenized currencies? yes, they have and who has well the Bank of International Settlements has and What is the Central Bank of Iraq? Well, who’s the biggest bank the Bank of Bank of International Settlements? So when I when a lock says he’s gonna have a digital dinar then you can think of payments Okay authorized payments Yeah, okay an inner inner bank clearing systems They got the central securities depository.
That’s stock exchange They’re talking about Here here it says a central securities depository system is linked to the real-time gross settlement. So the so the ISX Okay, or the securities depository system possibly related to that specifically or Indirectly is linked to the real-time gross settlement system to complete financial Settlement because when you buy a stock you have a lot of times in our country when you buy stock you have to wait Specific amount of time for it to settle they have to clear the transaction Nowadays with the new technologies that they have they got things like ripple coming out. They have all these New systems the ISO 20 Oh 2022 is part of that That new system the blockchain systems all of that.
What are they talking about real-time gross settlements? But now they’re just going to be a lot faster Okay a lot faster And I think that’s where the new technologies come in and you also see Iraq talking about artificial intelligence All these things that we’ve been covered, but it says here the Central Bank of Iraq have sought to Establish the infrastructure for the retail payment system. So this is down to the citizens including establishment of a national district distributor for retail sales and mobile payments for electronic money transfers two points of sale and Automated teller machines. So that’s ATMs.
The system provides the opportunity for Iraqi banks and Mobile network operators to access the modern and advanced cash payments. The system was actually implemented back in 2015 so they’ve just been working on this and upgrading it all along So ultimately the CBI has been working on a system upgrading it along the way over a decade And so it’s been well since 2015 is it’s just slightly over a decade And as far as I can tell they have it all dialed in under international standards, and it looks like Iraq’s electronically capable of international in our Interoperability even with the phone companies so you can use your phone to do banking You can probably do your phone with international trade, you know, a lot of this is still being used as educational purposes I mean, that’s what this information is. The CBI puts out is for informational purposes Basically This Information like this is obviously a good sign because it’s for you know when they The central bank tells you like it is they that’s what they’re supposed to do they don’t give all the information, but they they give information which is educational and allows other people to have an ability to Get access to data like the single window Remember that the single window was for people that have 250 million dollars or more to invest into infrastructure projects That’s that or at the development road project Obviously the development road project is not going away I mean you can see it dealing with Turkey dealing with Iran deal with Jordan doing with Saudi Arabia Go look Bulgaria is on the table today today doing trade if you look at the map where Iraq is And where Bulgaria is in relationship to Turkey, you can see that where the development road projects going That’s what they’re talking about Investing in the development road project.
That’s today. It’s in patreon. Okay.
So here another article from the CBI That’s that last one was about components of Iraq’s Payment systems. This one’s about achieve achievements in payment systems and So, what have they been doing I use the words updating real-time gross settlements and The system is operational at 24 7 Well, you know if you guys realize that there’s certain markets that don’t have any blackouts and that’s there what they call the crypto Market, they they tend to run 24 7 and that’s what they’re basically working to do is to have real-time gross settlements 24-7 365 days a year with no blackouts. In other words, it’s non-stop and It’s going to be highly efficient I don’t know if you guys have any idea what the speed is when it comes to like for instance clearing payments for instance or trading Certain things but the system for Bitcoin runs is like let’s call it 10 miles an hour What I see from this new technology and if it is ripple It’s going to be about 1,500 miles an hour That’s how fast and they’re going to interconnect communicate with many many central banks around the world for clearing and Correspondent banks and they’re all going to be able to communicate.
They’re going to be fast efficient transparent and You just you need to be on the right page and Nefarious folks out there. They don’t like the system But that’s just the way that goes you guys be the judge. I Just bring the news.
But anyway, the updating the real-time gross settlements It says here number two of this particular article It’s not quite as long as that last one, but it says automating the work of ministries and governance and government institutions It says automating financial transfers between government departments institutions collecting dues through the Iraqi payment system via the C ACH, which I mentioned electronic clearing system It says they’re going to be doing payments instead of checks or cash So instead of writing a check or even paying cash They’re going to be doing a digital transaction. It says activating the international bank account number which is they call an I band and activating the international banking account number That is to me is important because the international bank account number and the RTGS ACH Payment system is defined as the international bank account number based on international specifications, so Iraq’s currency is not an internationally acceptable currency for cross-border payments at this time So a lot of people think that they’re doing all these projects in in the dinar They’re not they’re doing it from their Reserves from the oil that they sell and that goes directly through the New York Bank Federal Bank and That’s that’s big, but so we’re activating the international bank account So it should have everyone’s attention when they talk about like that and why would Iraq talk to you more about that? Talk about their achievements in the payment systems why because they’ve been updating them for 10 years now They’re at a stage where they’re at the international level meaning that to me is that that international level is that they can do Once they’re articulately compliant with their currency and have a real effective exchange rate They’re going to do trade in a lot of different different manner Okay, so it says from the reconstruction revolution to the ballot box. This is with al-sudani It says will al-sudani continue his project despite its obstacles and It goes on Okay.
Anyway, everyone has been waiting for the official announcement that al-sudani would proceed with his war reform project So interesting enough, this is talking about him and elections, etc And which which is upcoming but he says here political and strategic Affairs researcher This gentleman by the name of Azawi commented on the Prime Minister Muhammad She also done his announcement of his participation in the upcoming parliamentary elections, which was yesterday April 16th Considering that this announcement came at a pivotal time that confirms the continuation of this reform project so he’s going to keep doing his reforms as Well, he’s hoping to be able to he’s he’s moved forward for the last four years or so Two years three years, sorry And everyone’s waiting for the official announcement al-sudani would proceed with this reform project That to me is this big because his reform project is exactly what he’s doing Is it his development plan and his development plan? The major projects etc. There’s certain things that the country has to do and that’s tied to the 23 24 25 Tripartite budget which is going to have a retroactive event Which is going to probably have a relationship to the salaries and it’s probably going to have a relationship to the cyan oil but the concept of transforming Disappointment disappointment into service according to work and applicable approach I think that’s what he’s he discounted that in the beginning is that the basis of it is is that is he going to be Continue with his reform project answer. I think is yes So anyway, hey this guy adds that Iraq has witnessed a reconstruction revolution that has not occurred since 2003 along with a balanced international relations based on putting Iraq first economic partnerships with major powers and Iraq distancing itself from the Policy of axes.
So in other words, it’s not political. He’s just he’s doing it for the citizens Okay, he goes on and says a true value of any reform lies in reaching the poor and marginalized groups, this is al-sudani He gave a speech yesterday on this Okay, the true value of any reform lies in reaching the poor and marginalized groups and saving them from the clutches of poverty it’s unacceptable for political competition to devolve into the use of defamatory language and the Concealment of facts about the government’s performance So he’s he’s just he’s calling out the the negative news again, which is hey, we have a lot of it and a global nature, so I would suggest you guys read these two articles and Take a look at how far how far a lot of Iraq has been and where they’re going And yes, it’s been a long time again You know some of us have been in 15 20 years But we still believe in what we do and we bring in the best news that we can with Patreon in our discord chat room. Okay It says this this last article I have is a political researcher Relations between Baghdad and herbal have evolved under al-sudani It says this gentleman Mohammed Karim He says today it says saying that the relationship between the federal government the Kurdistan regional government has reached advanced stages During the era of Prime Minister Muhammad Shia al-sudani, and there’s no doubt about that it says the relationship between Baghdad and herbal was or has witnessed major developments during al-sudani’s era and Many complex contentious issues have been resolved.
I like that. We’ve known that we talked about that earlier Most notably the issue of employee salaries I talked about that and the issue of internal revenues including border crossing Revenues, so the new system has been working. They’ve been bragging about how much it’s increased I think the last increase for the year was a hundred twenty eight percent more revenues Than the previous year from this new system being Utilized.
Okay, so this is credited to al-sudani’s government which was able to resolve all these complex issues through the law and Technical procedures and the government did not listen to political statements on the issue. So he puts off the political side the defamatory Conversations that people are having the negative news if you will so anyway All of that tonight is fascinating because the truth is is To me what they present to me in my truth is is that? Al-sudani’s been in office for about two years The process has been underway for 20, but it’s been really effective since 2015 and now they’re finally Fine-tuned it to the they’re going to be and have the international compliance Ready to go. They’ve done it on numerous.
They have e-government. They have e-payments. They have the e-borders they have Just about e everything Okay, so I hope you guys get that picture and if you don’t I suggest you come on in and feel free to to join patreon with us and get into The groove with with real data, so look if you like the content that we provide please come in and hit that like button and subscribe and Thank you for all your information and Every single one of you out there that’s been supporting us and do and want to support us It goes to help team members Do what we do because again That’s how it works, so we have PayPal Venmo ends out so that you guys can help if you’d like.
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