Frank26 and KTFA Members Tuesday Night 8-6-19"They Say Very Soon"

by **Ponee** Tue Aug 06, 2019 9:34 pm

Frank26 and KTFA Members Tuesday Night 8-6-19"They Say Very Soon"

KTFA:

Doc Magee: Just a quick reminder how easy it is for a country to revalue or devalue their currency.

In the past 24 hours, China devalued their currency, our stock market took a big hit, Trump called them out, they revalued their currency back to what it was earlier in the day, and now our stock market is on the rise again. Devalued and revalued in 24 hours.

So, when the CBI is ready, they can add value their currency immediately.

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Talia:  https://m.thebaghdadpost.com/en/Story/43300/IMF-demands-Iraq-to-apply-reform-package
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Frank26: THEY SAY VERY SOON

Video #1:  https://youtu.be/3qQwkkcy0Ww?t=1

Video #2:  https://youtu.be/j3kXXzzKZHU?t=1

Don961: IMF demands Iraq to apply reform packge

The International Monetary Fund (IMF) has called on the Iraqi government to cut spending on the electric power sector, in addition to a comprehensive reform of the banking sector.

It also called Iraq to seize the opportunity to improve the security situation and high oil prices to implement structural policies and reforms to ensure economic stability. The IMF stressed the need to implement the reduction of subsidies to the electricity sector, considering it a priority in controlling expenditure, and to protect the poorest and lowest-income groups from being affected by the financial controls.

The IMF also requested the Iraqi government to undertake a comprehensive reform of the banking sector in order to maintain financial stability by restructuring and strengthening the control of large state-owned banks, and increasing its control on them.

The Iraqi government supports the electricity sector in the country, benefiting the various segments of society in the domestic and commercial categories. On April 30, the Iraqi government signed a contract worth more than €14 billion with the German company Siemens to develop the electric power sector in the country.     link

Samson:  Integrity: Sentencing of former officials in Nineveh damaged public money by 59 billion dinars

2019/8/6 13:46

Revealed the integrity of the details of the judgments issued against three former officials in the province of Nineveh, indicating that the defendants have done a deliberate damage to public money estimated at 59 billion dinars.

According to a statement of integrity received by the Euphrates News, a copy of it that "the Department of Investigations in the Commission, in talking about the details of cases previously investigated by the Commission and referred to the judiciary, to the accused, who was the Director of the Department of Social Welfare in the province between (2007-2009) to approve the unlawful disbursement of funds to persons contrary to controls and instructions, based on false medical reports, as well as the addition of other persons not covered by wages salaries, pointing out that the value of damage to public money as a result of this act More than 57 billion dinars.

In a separate case, the department added that two former members of Nineveh Provincial Council were convicted for deliberately damaging public funds by disbursing funds to a number of provincial departments, contrary to regulations and instructions. the cities.

She pointed out that "the Nineveh Criminal Court / the third body reached the conviction enough to criminalize the accused in the two cases in accordance with the provisions of Article (340) of the Penal Code in terms of the articles of participation (47, 48 and 49), after reviewing the statements of legal representatives of the Department of Social Welfare and Nineveh Provincial Council and report The External Audit Division in the Integrity Commission, in addition to the report of the Office of Financial Supervision and Administrative Investigation conducted by the Office of the Inspector General of the Ministry of Labor and Social Affairs and the Provincial Council.

The court found that the evidence obtained was sufficient and convincing to convict them, as well as the presumption of escape from the face of justice. In early July, the defendants were sentenced in absentia to seven years' imprisonment, in addition to issuing arrest warrants and denying them, while supporting the seizure of their movable and immovable property, Affected by the right to seek compensation before the civil courts after the decisions of the judgments have been given a definitive degree.   LINK