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The State Administration agrees to pass three laws during the current semester The State Administration agrees to pass three laws during the current semester 1-16-2023 Information / Baghdad .. The State of Law coalition parliamentary bloc confirmed, on Monday, that the state administration forces agreed to pass three important laws during the current legislative term, indicating that the political forces have now begun to prepare and discuss the provincial councils law. A member of the bloc, Representative Muhammad Al-Saihoud, said in a statement to Al-Maalouma, “The political forces all agreed, without exception, to pass three important laws during the current legislative season, foremost of which is the approval of the budget law for the current year,” noting that “the approval of the draft budget law will take place before the end of the month.” next February.” He added, “The other two laws are the oil and gas law, which will solve many of the problems and challenges that we face every year regarding the budget and the relationship between the region and the center. As for the last law, which the political forces began to prepare and discuss, it is the provincial councils law.” And the representative of the Kurdistan Democratic Party bloc had confirmed in a previous statement to Al-Maalouma that the approval of the budget law will not exceed the month of February, indicating that there are no major obstacles to the completion of the draft law. almaalomah.me

A parliamentarian reveals a new agreement on the oil and gas law 512 A member of the House of Representatives, Jassem Atwan, revealed on Wednesday an agreement between the government and the Kurdistan region in order to approve the oil and gas law, while confirming that the private oil and gas law will be approved in the region within a maximum period of six months. Atwan said in a press interview seen by “Takadum” that “the agreement on approving the law was made in order to pass the general budget and determine the region’s share of it,” noting that “the private oil and gas law will be approved in the region within a maximum period of six months.” And he went on: "The adoption of the law will work to regulate oil and gas export revenues between the central government and the region, as well as the implementation and commitment of Kurdistan in the federal government's decision regarding the illegality of Kurdistan to export oil in isolation from the SOMO company." And he continued, "The Council of Ministers will send the law to Parliament after completing the amendments to it and completing its second reading, and then voting on it under the dome of Parliament in order to apply it in the coming period." https://takadum-news.com/archives/145098

Shakhwan Abdullah: Understanding between Baghdad and Erbil on the budget and oil and gas laws Rudaw Digital Deputy Speaker of the House of Representatives, Shakhwan Abdullah, confirmed that an understanding has been reached between Baghdad and Erbil on the budget and oil and gas laws, noting that the delay in sending the budget law to parliament is related to details that have nothing to do with the understandings between Erbil and Baghdad. The Deputy Speaker of the House of Representatives, Shakhwan Abdullah, told Rudaw Media Network on Saturday (January 14, 20239) that the first session of the new legislative term is being held today, and there are a number of paragraphs on the agenda, including the reading of the Cybercrimes Law and reports of the relevant committees. He pointed out that there is another paragraph related to the distribution of deputies of the coordination framework from the replacements of members of the Sadrist bloc who resigned, to the committees. Regarding resolving the issue of committee chairmen, Shakhwan Abdullah said that "the presidency of the House of Representatives will hold a meeting before the session to resolve this issue and other issues, and the positions of committee chairmen and their deputies will be distributed among Kurds, Shiites, Sunnis and other components." On the problem that delayed the resolution of the heads of the committees, he indicated that it is related to the committees of the category "A", where "we demanded the chairmanship of some committees while they demanded the chairmanship of some of them, and there are parties that do not make concessions," explaining that the agreement between the political blocs stipulated that the head of the committee should not be from the bloc represented by the minister, a mistake that was committed during the last period, and something we rejected. He added: "We are heading to choose the heads of the committees from political blocs that do not include the minister, and the delay in resolving them was linked to the formation of the government to know which bloc the minister represents." Regarding the steps of the parliament towards the rise in the dollar exchange rate, the Deputy Speaker of the House of Representatives indicated that he approved the request to include the subject in the agenda and sent it to the First Deputy and the Speaker of the Council for signature as well, stressing "the need to resolve this issue, which affects every Iraqi individual, and we must know the reason for the rise in the dollar exchange rate, because Parliament represents the people, and when the picture becomes clear, it must reveal to citizens who caused this matter, where this money goes, and from which border crossing it is taken out." Regarding the reasons for the delay in sending the budget, he explained that "there were details, not related to the Kurdistan Region and Baghdad, where understandings were reached," explaining that what remains are the observations of the Prime Minister and the Ministry of Finance on some articles of the law, and problems with other ministries. He pointed out that the Prime Minister intends to send the draft budget and oil and gas law together to the parliament, and there is an understanding about them with Erbil, especially after the recent meeting with the President of the Kurdistan Regional Government Masrour Barzani, and it was also resolved to send the amount of 400 billion dinars to the Kurdistan Region, and the rest of the administrative procedures. The President of the Kurdistan Regional Government visited Baghdad on January 11 and held a series of meetings with Iraqi leaders and political parties, including a meeting with the Iraqi Prime Minister, Mohammed Shia Al-Sudani. A statement by the media office of the Iraqi Prime Minister, indicated that they discussed "the most important files at the national level, and ways of integration in the work of the federal government and the regional government in order to provide the best services to citizens throughout Iraq." On fixing the Kurdistan Region's 14% share in the budget, Shakhwan Abdullah stressed that "it is decisive, but it is better for the federal government and the Kurdistan Regional Government to announce the details themselves."

Baghdad and the Kurdistan Region of Iraq discuss oil and gas agreement Baghdad and the Kurdistan Region of Iraq discuss oil and gas agreement (alrafidain.news) Russia Today Talks continue between the Iraqi government and the Kurdistan Region of Iraq with the aim of reaching an agreement on the oil and gas law, and parliamentary sources confirmed that the two sides are close to announcing an agreement between them in this regard.

There is no doubt in my mind it is time to pay attention. The Dinar will go digital and I wouldn't be surprised to see everyone get some kind of universal income in Iraq. I also believe everyone will have a short period of time to turn in their paper. I just hope we get that opportunity. It may be a short window of opportunity, like maybe 90 days. The money transfer between Iraq and France was probably the Crypto XLM or XRP. I know from my Crypto studies that Iraq has been signed up to use Ripple and the token they use is XRP.. There are only 3 cross border payment Crypto's that I know of and they are XLM, XDC, and XRP. They are all ISO 20022 compliant and they are already being used (tested) all over the world. When that switch gets flipped on the new Quantum Financial System will be in play and everything will change forever.

Eddie Eddie Eddie. Don't let two decades of the same M.O. jade your hope for this time around. LoL! Now repeat after me. "Two months. This parliamentary session. HCL will be passed. RV Baby!!!!" Okay. Now you try it. 😆

Welllll....2/8 An Iraqi delegation is going to Washington and the " File of Dinar and Dollar top the talks" MAYBE it's time to take restrictions off the Dinar?

To All Dinar Vets Have An Awesome, Fruitful, Peaceful & Prosperous New Year 2023

What will you tell me? Well it wasn't two or three months. It was two or three years but they finally did it! I guess if it is stressing you out that much maybe instead of getting out of this crap, you should back away from it and go do something else. It's not worth the frustration and anger or even disappointment. I bought my dinars years and years ago and everyday jump on here for the fun, the camaraderie, and just something to do for a few minutes a day. When it happens, it happens whether it is now or years from now. It will only make my ride on this RV train that much sweeter when we celebrate. Until then, lighten up. Put the eggs you have in this basket back in the incubator and go have some fun. If they hatch, they hatch. If they don't, they don't. It's not going to ruin my life if it doesn't happen. I'm still blessed to wake up every morning and enjoy this life God has given me. If it does happen, I will wake up every morning and enjoy this life God has given me. Life is too short to let this aggravate you.

First off, I’ll use the exchange of a 10,000 IQD (Iraqi Dinar) note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD (US Dollar) and IQD (Iraqi Dinar), that is given a two-tier payout, and a 2% bank spread. What You Will Receive: If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account. What Your Bank Will Receive: Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”. Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model. What the US Treasury Will Receive: First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000. Oil Now Enters the Picture: At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI (Central Bank of Iraq) in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves. How the CBI “RECAPTURES” the Money: The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35) What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq. More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI (Government of Iraq) actions, IMF actions, World Bank actions etc.) Other Factors that Strengthen Iraq’s Position and Ability to RV: ■DFI (Development Fund for Iraq) Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD. ■CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated. ■Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury. ■Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets. There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”. So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture: ■Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10 ■Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out. ■US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000 ■CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors” ■Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20 This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!! In this scenario, EVERYONE WINS… and the IQD is slowly taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming! not sure who wrote this but open for comment good or bad!

In my opinion this is part of the De-dollarization process.

The kuwaití dinar $3,28 is stronger than the dollar. The Bahrain dinar $2,65 is stronger than the dollar The Jordanian dinar $1,41 is stronger than the dollar Iraq has more oil and foreign currency reserves. Go Stronger dinar Go Stronger dinar Go Stronger dinar

I don't believe you. If you did listen to something besides Left leaning news you would not spew the trash you do. caddieman, you are here to agitate, twist words and propagate the Democratic Party's agenda. You have the right to write what you want but don't lie to us. Please tell us how you believe President Biden is doing. You never come on this site and tell us about the wonders of this Administration. All you do is come on here and stir the pot trying to deflect, redirect and accuse.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Frank26 I feel in my heart this is coming. It's almost a no-brainer. I don't know when. I don't know how, well at least 1 to 1 when it leaves the country. Sheila [Nader said) ..."they can now send money electronically and internationally just this week. From France to Iraq with no problem" …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has been here a week to work on putting the rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. ...You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here...and at this point nobody should believe this won't happen until 2024…. Pay attention…we are all at the right place at the right time... It appears we have a female MarkZ - she appears to have inside contacts and "hears" things from special sources. Well, I hope she is right..! RON Samson Article: "The Iraqi dinar pays the price.. Washington cuts off the dollar smuggling route to Iran" Putting a halt to Stealing USD. WOW - Everybody is talking about the IQD..! RON

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON Sandy Ingram Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances. [Post 1 of 2] Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2] enig Article: "How did the US “shock policy” affect the price of the dollar in Iraq?" Quote: "A report published by the American Wall Street Journal on Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods...The newspaper quoted US and Iraqi officials as saying, "The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks' dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East."

Man, there is a ton of talk about exchange rates! Hopefully the pressure is on and the pressure cooker is about to blow

GOOOOO HCLLLLLLLLLLLLLLLL!!!!!!!!!!

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Militia Man In county of Iraq they don't have the ability to use dollars anymore. The U.S. Federal Reserve Bank has stopped the way they are allowed to do dollar auctions in the country...that puts pressure on the citizens because the local exchange rate is going down which is causing them to pay more for goods and services. The U.S. fed...is creating an environment that's forcing the country effectively to get off the dollar...foods are going sky-high...it's creating that environment where the CBI is going to have to make an exchange change and it's going to have to happen quickly. Leave it to the USA to mess up another country's finances..! Actually it's the O'Biden administration that's doing it..!

I agree that this time around seems to be much more focus & progress. I just hope & pray that this is our year. After 18+ years I am ready for this ride to end & NEVER think about Iraq EVER again. 😄

Here's an article of Dinarian interests... The IQD closer to going international. Foreign transactions authorized. At the official exchange rate may refer to a new change in the rate coming!!! Treat as a rumor. Not verified. Your opine. BLC via TLM724: CBI Issues A New Directive To The Banks Regarding Currency Sales For Foreign Transfers. ARTICLE: Due to the launch of the Electronic Platform for external transfers at the beginning of the new year, 2023, the CBI welcomes your requests to transfer your obligations, your transactions & your contracts with abroad in foreign currencies at the official exchange rate.

The Sudanese government obliges all of its institutions to deal in the Iraqi dinar Posted 47 seconds ago Sudanese government obliges all its institutions to deal in Iraqi dinars - Iraq News (iraqakhbar-com.translate.goog) news source /Shafak News 2023-01-09T20:12:00.000000Z Shafaq News / The Ministerial Council of the Iraqi Economy took, on Monday, a number of economic decisions, including obligating all ministries and state institutions to pay wages for goods and services in dinars. This came, during the presidency of the Deputy Prime Minister, Minister of Foreign Affairs, Fuad Hussein, the meeting of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister, Minister of Planning, the Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, the Secretary General of the Council of Ministers, the Governor of the Central Bank of Iraq, and the Chairman of the Commission The National Investment Agency is an agency, and the Prime Minister's advisors for economic and legal affairs, according to a statement received by Shafaq News Agency. At the beginning of the meeting, the council discussed, according to the statement, the draft law of the state’s general budget and the revenues and expenditures contained therein. It also discussed the economic issues on its agenda, and took many important economic decisions. Among these decisions is the obligation of all ministriesand State institutions to collect the fees for goods and services in Iraqi dinars, and those from the private sector choose to have their sales as mentioned above, provided that the CentralBank of Iraq compensates those amounts in dollars and at the official rate, in order to meet their obligations and purchases outside Iraq. The Ministerial Council of Economy approved the CentralBank of Iraq to contract with the Zaha Hadid Foundation to design the Central Bank building in Nineveh Governorate.

These are the type of articles I've been waiting to see over the last 14 yrs in this investment. The panic articles with all the code words- Historic, Urgent, Collapse! Scare all speculators, and insist that the currency is beyond worthless, and then as @MyLadiesDaddy would say SUDDENLY RI/RV the currency when its least expected!

I found this whilst searching for Dinar related stuff amongst my thousands of pages of screen shots and articles over the 19 years found this? First off, I’ll use the exchange of a 10,000 IQD (Iraqi Dinar) note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD (US Dollar) and IQD (Iraqi Dinar), that is given a two-tier payout, and a 2% bank spread. What You Will Receive: If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account. What Your Bank Will Receive: Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”. Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model. What the US Treasury Will Receive: First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000. Oil Now Enters the Picture: At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI (Central Bank of Iraq) in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves. How the CBI “RECAPTURES” the Money: The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35) What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq. More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI (Government of Iraq) actions, IMF actions, World Bank actions etc.) Other Factors that Strengthen Iraq’s Position and Ability to RV: ■DFI (Development Fund for Iraq) Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD. ■CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated. ■Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury. ■Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets. There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”. So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture: ■Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10 ■Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out. ■US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000 ■CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors” ■Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20 This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!! In this scenario, EVERYONE WINS… and the IQD is slowly taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming! not sure who wrote this but open for comment good or bad!

OK, well this sounds good. I believe. But I just hope, this is not a mis-translation. They agreed to pass a law on gas? I hope they didn't just agree, to pass gas. 👃💨🔥💥

They Should Release The New Currency, it was in motion March 3, 2015. Alsumaria News / Baghdad announced the Governor of the Central Bank on the Keywords, on Monday, the deletion of zeros existing project, as pointed out it was given the green light for its implementation, he stressed that this process will be preceded by the administrative and regulatory processes. Alak said in a press conference held at the bank building and attended by Alsumaria News , "The project to delete the zeros is based was put into practice, and we gave the green light to start with," noting that "The project needs a period of time may extend to two years or more." The Iraqi Central Bank announced in May 2012 that the process of deleting the zeros will be transferred Iraq from a country trillions to billions, noting that the currency replacing the process needs to be approved by parliament.

You know Maliki is having a temper tantrum. No more US dollars to hoard. Come on Iraq, add value to your own currency, America is not feeding Iranian interest with USD. The buck has stopped.

I have been excited for days...never have there been so many indicators!

Here’s a thought! when does the US reach Debt Ceiling? Jan 19 Yellen stated she will need to take extraordinary measures if they default! will the house vote to extend the debt ceiling? They will not didnt Iraq say they were waiting in the US for USD solutions to their currency problems? yes what happens if they flip the switch and all that dinar sitting in the US gives them breathing space? Becomes worth a trillion or so? interesting timing! Yep

Looks like they’re tackling corruption on the Central Bank dollar sales. Go CBI Go new monetary policy Go Stronger Dinar

Development Fund for Iraq (DFI) General Information Description The Development Fund for Iraq (DFI) was a sovereign wealth fund based in Baghdad, Iraq. The DFI was established pursuant to United Nations Security Council Resolution 1483 and held the proceeds of petroleum export sales from Iraq as well as remaining balances from the UN Oil-for-Food Program and other frozen Iraqi funds. Disbursements from the DFI was used for the benefit of the Iraqi people, the economic reconstruction and repair of infrastructure, the continued disarmament of Iraq, the costs of civilian administration and other purposes benefiting the Iraqi people. It was directed by the Coalition Provisional Authority (CPA), in consultation with the Iraqi interim administration. On 27 May 2014, the immunity over the Development Fund for Iraq account was cleared and the Bank decided to transfer all this balance to CBI’s account at the Federal Reserve Bank of New York. This fund is no longer in operation and is not actively tracked by PitchBook.l Link: https://pitchbook.com/profiles/limited-partner/60293-08#overview

Bring out the Champaign. This is our year. We have so much to be thankful for. Above all, give thanks to God, cling to your loved ones & forgive all. Share your prosperity. It's not just about you...it's about leaving a legacy behind. Do the right thing & pay it forward.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Yada I pay very little attention to those who are looking for the release of the RI without understanding where we are in the process. In the scheme of things and the way money moves around the globe, Iraq really is on the verge of releasing internationally their currency. Too much has transpired to not see the release and this is something that can't be pulled back. The whole world is affected by this release and they are prepared to receive it.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Nader From The Mid East The 800#s, don't believe into it...Keep your money. Do not give it to anyone. Do not send it in the mail. Do not do anything. Do not trust anybody. Henig Article: "Reuters: Washington imposed restrictions on Iraqi banks due to the breach of sanctions on Iran" Quote: "Washington imposed restrictions on Iraqi banks due to a violation of sanctions issued by the Iraqi authorities, pointing to Washington's intentions to apply the same restrictions to the rest of the countries in the region that prove their dealings with Iran or Russia outside the American conditions." Frank26 [Iraq boots-on-the-ground report] FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate? This is huge deal to tell us we can access from our phone. We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks. FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this? It's to prepare you...this is all part of the monetary reform education. It is marching forward... Suzie If all the intel/info is correct as being alluded to, tomorrow should be a BIG day...or if Iraq will jerk that famous flying carpet out from under us once again. Lets hope the ISX shows up International to us on Monday and they and us go forward! Militia Man The goal is to get an international, Article VIII compliant currency so they can go out onto the ISX. We haven't heard them deny the ISX is going to go live tomorrow as an international entity but we'll see what happens. We know that is something that's been on the plate...and the 29th was a target date so hopefully that happens...

They all Lie!! I don't watch any news on TV..Turn it off!! They don't report the news, it hate and divide commentary.. What ever happen to Journalists Creed..? They should have to memorize it!! Like taking the Oath...it 2023 an over half these reporters have never heard of it.

The New Central Bank Governor is not new, Alaq served a term of Central Bank Governor From September 9, 2014 until 2020. He is in the know already, he studied under Shabibi. So this archive I posted was from him in March 2015.

Samson Article: "Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday...A source told our Agency that the security forces were tracing a "gang of forex traders" involved in "manipulating the market and tampering with the US dollar's exchange rate against the Iraqi dinar." Wow..! Some forex traders were trying to manipulate the system to make some quick money off the Iraqi currency. BUSTED - thank goodness...But, it could be an indicator of what's coming down the road. My major concern at this time is the IMF 2% requirement (90 days compliance). Unless the CBI gets a special exemption, they have to get the IQD street & market rates within 2% compliance, then wait 90 days before any revalue can take place. RON

The Kurdistan Region announces its participation for the "first time" in writing the Iraq Budget Law 2023-01-02 07:17 Shafaq News/ The Kurdistan Regional Government revealed, on Monday, that the Kurdish delegation participated for the first time in writing the draft federal budget law for the year 2023, announcing that the delegation will soon visit Baghdad. An informed official source revealed on Monday morning to Shafaq News Agency, that the Kurdistan Regional Government delegation will visit Baghdad in the next few days to discuss the budget law, the region's share, and the region's rights in the government of Prime Minister Muhammad Shia' al-Sudani. The source added that the delegation includes the ministers of finance, natural resources and planning, the cabinet secretary, the chief of the cabinet's office, and the government spokesman. "The current Kurdistan Regional Government is in constant contact with the Iraqi government, and we have made many visits, and several committees have been formed regarding the budget law, the oil file, financial control, and the disputed areas," said KRG spokesman Jutiar Adel, in an interview reported to Shafaq News agency. He added, "Before New Year's Day, we visited Baghdad and are now ready to visit again. We are now waiting to set a date to visit Baghdad and discuss important files again." And he continued, "We, as the regional government, are serious about reaching an agreement with the federal government, and this is the first time that we are participating in writing the budget law at our request and we are waiting for the results." Adel stressed by saying, "We are ready to agree with the Iraqi government on the basis of the constitution and the political agreement that was concluded between the forces forming the new government." On Wednesday (11/30/2022), the capital, Baghdad, hosted a meeting of the Supreme Committee of the central and regional governments to discuss several files with the aim of resolving outstanding problems between the two sides. The two sides stressed the importance of this stage to reach a joint agreement within the framework of the constitution and the ministerial platform agreed upon by the political parties forming the new Iraqi government. Also, during the meeting, according to a statement by the Information and Information Department of the Kurdistan Regional Government, "they discussed the oil file, the budget, financial control, and border crossings," noting that "the meetings between the two sides will continue until a final solution to the outstanding problems and files is reached."

A lot of indications they are close to announcing an agreement, which according to some analysts would set other certain things in motion—a domino effect if you will. A lot of dominos are set. I hope their analysis is correct and we see things fall into place in the next month or two.

There are no LD’s being released at this time!! This is an outrageous LIE! What is actually going on is that we have one day left in the 3 rd week of January 2023! I guess they (CBI)are not close to something big happening this week! The powers to be must be in Switzerland for the economic summit! I don’t know this for a fact, but I think these so called elite’s could be deciding on what to do with the Iraq currency! I’m still hoping that we will see something big happening here in January 2023! If not February is not a long month! In basically 45 days, I will know which path I will take in this investment! My deal is, I’m going to keep on praying that the Good Lord Jesus makes me the Steward, He wants me to be! I can not be that person in my present financial condition!!! Right now we all wait till the end of this 1st quarter!! JMHO! 🤠

DAVOS, Switzerland, Jan 17 (Reuters) - A long-running dispute on oil revenue-sharing between Iraq's national government and the semi-autonomous Kurdistan region may be resolved within months with agreement on a hydrocarbons law, Iraqi Kurdish Prime Minister Masrour Barzani said on Tuesday. Speaking after talks in Baghdad last week with Iraqi Prime Minister Mohammed al-Sudani, Barzani said the federal government committed to freeze for now court actions it had taken for control of oil and gas revenues from the Kurdish region. The dispute between Erbil and Baghdad erupted last year after a February federal court ruling that deemed the legal foundations of the Kurdistan region’s oil and gas sector unconstitutional. Agreement on regular budget payments from Baghdad would help authorities in the Kurdish Regional Government resolve payment delays to international oil companies in the region, as well as easing a backlog in salary payments for KRG employees. "What we have agreed is that all those pressures on the KRG will be halted and stopped for the moment and we will wait until we have the hydrocarbon law," Barzani told Reuters on the sidelines of the World Economic Forum in Davos. Until that deal was reached, the two sides would cooperate in oilfield management, oil sales and revenue-sharing - which he said would eventually be formalised in the budget. Asked about the timing for agreement on the hydrocarbon law, Barzani said it should be within months. "We had a time frame of six months. I don’t know if that would be realistic ... but I'm hoping that we can do it as soon as possible." Under the Iraqi constitution, the KRG is entitled to a portion of the national budget. But the arrangement collapsed in 2014 when the Kurds seized control of Iraq's main northern oilfields in Kirkuk from Islamic State militants and began selling crude from there independently. In 2018, Iraqi forces retook disputed territories, including the oil city of Kirkuk. Baghdad resumed some budget payments but they have been sporadic, and the federal government has tried to bring KRG revenues under its control, including through local court rulings and threats of international arbitration. The standoff has affected the KRG's ability to pay international oil companies (IOCs) operating on its territory and to pay thousands of local employees. "We always made sure that all the IOCs and oil traders know that the KRG is very committed to paying whatever they owe to the companies," Barzani said. When it (sic) agreement was reached with Baghdad, the KRG would "expedite the payments and make sure we can close the gap ... that they have been tolerating so far." "

Keylime Thanks, DV Excellent article we are inching ever so close to the BIG DAY...👍👍🙏😊. Keep the faith my DV Friends. Go RV / RI

DOLLARS DRIED UP - DINARS WILL COMPENSATE What is the secret of the decline of the Iraqi dinar despite the increase in dollar reserves? reports Economy News-Baghdad The exchange rate of the Iraqi dinar has been witnessing fluctuations against the dollar for about two months, despite the large jump in foreign exchange reserves, which is currently close to $100 billion, thanks to the rise in oil prices . While parties in the country hold Washington responsible for this decline, and while the official fixed exchange rate is 1470 dinars against one dollar, the price of the dinar in the market has declined since mid-November to 1600 dinars at the beginning of the week, before settling at about 1570, according to the official news agency, i.e. The Iraqi currency has lost about 10 percent of its value, and this decline is not considered huge, but it has begun to cause concern among Iraqis about the high prices of imported materials, such as gas and wheat, for example. Adviser to the Prime Minister for Financial Affairs Mazhar Salih says, in a report to Agence France-Presse, that "the fundamental and fundamental reason" for this decline "is an external constraint," but some Iraqi politicians consider that the United States is behind this fluctuation. Contrary to rumors and misinformation, there is no evidence of US pressure on Iraq.” The important economic and trade partner of neighboring Iran, in fact, the fluctuation of the dinar is linked to the start of Iraq’s compliance with some standards of the international transfer system (SWIFT), which Iraqi banks must apply since mid-November to access To Iraq's reserves of dollars in the United States In order for Iraq to be able to access those reserves, which amount to $100 billion, it must now comply with systems that “require compliance with the provisions of global anti-money laundering, provisions for combating the financing of terrorism, and those related to sanctions, such as those applied to Iran and Russia,” According to Tabakishli, adding that the matter is related to entering Iraq is “within a global financial transfer system that requires a high degree of transparency,” but this “caused a shock” to many Iraqi banks “because they are not used to this system.” Mazhar Salih explained that Iraqi banks should now register their “transfers (in dollars) on an electronic platform.” The requests are scrutinized...the US Federal Reserve checks them and if they have doubts they stop the transfer." Since the implementation of the restrictions began, the Federal Reserve has refused "80 percent of requests" for remittances to Iraqi banks, according to Salih, due to doubts about the final destination of those amounts being transferred. He said this refusal affected the dollar supply in the Iraqi market. On the other hand, the demand accumulated, but the supply was not consistent with it, and thus the exchange rate declined with the decline in bank transfers in dollars. In the meantime, the Iraqi authorities have taken measures, including facilitating the financing of private sector trade in dollars through Iraqi banks, and opening outlets for selling foreign currency in government banks to the public for travel purposes. The Council of Ministers also decided to "commit all government agencies to sell all goods and services inside Iraq in dinars and at the rate of the central bank, which amounts to (1470) dinars per dollar. " Despite the dinar's decline, the inflation rate is still small, reaching 5.3 at an annual rate in October 2022, according to the Ministry of Planning. However, actual concerns are related to the purchasing power of the population.

Big step forward.!! The Salary Scale has to be in place before increasing the dinar exchange rate. Just my opinion.

Newspapers talk about a political agreement on the oil and gas law and about the largest budget in the history of Iraq Monday 09 , January 2023 01:01 |journalismViews: 60 Newspapers talk about a political agreement on the oil and gas law and about the largest budget in the history of Iraq (ninanews-com.translate.goog) Baghdad /Nina/ Newspapers published in Baghdad on Monday, the ninth of January, the subject of legislation of the oil and gas law and talked about a political agreement on it, and continued to follow the budget law and talked about the largest budget in the history of Iraq . On the oil and gas law, Al-Zawraa newspaper, which is published by the Iraqi Journalists Syndicate, spoke about a political agreement to legislate the law during the current parliamentary session. In this regard, she pointed to the statement of a member of the Parliamentary Finance Committee, MP Nermin Maarouf: “There is a political agreement since the formation of the government to legislate the oil and gas law during the current parliamentary session, specifically during the First 6 months of the government's life, to overcome all obstacles related to the oil industry, and negotiations are currently under way between officials in the two governments in Baghdad and Erbil on reaching a final agreement on the law. She added in an interview with Al-Zawraa: “The adoption of the law is important at the present time as it will contribute to solving the problems between Baghdad and Erbil, because the law has political dimensions, as it is linked to relations between the government of Baghdad and the Kurdistan Regional Government.” The newspaper quoted the MP for the Kurdistan Democratic Party, Majid Shankali, as saying: “The Kurdish forces agree on the need to legislate the oil and gas law as soon as possible, and this was among the demands of the Kurds to form a government ,” pointing out: “There are technical committees between Baghdad and Erbil to prepare a draft law.” Shankali added: “The oil and gas law is one of the most important elements of the political agreement to form a coalition of state administration, and agree to legislate it within a period not exceeding six months,” noting: “The issue needs more discussions.” and meetings to mature the law.” He pointed out: "Baghdad also wants to legislate the law quickly, but it has many details that must be agreed upon, however, according to the political agreement of the State Administration Coalition, there must be legislation for the law, but the details need technical and specialized delegations to put touches to this important law. Regarding the budget, the newspaper / Al-Sabah / which is issued by the Iraqi Media Network: “It is assumed that the Minister of Finance Taif Sami will present the draft budget law to the Council of Ministers at its next meeting in the coming hours , after the completion of writing the highest budgets of Iraq in its history with a value of more than 140 trillion dinars, containing in the folds of its papers the largest operational part in the country's modern history estimated at 80 trillion dinars that guarantee with it the expenses of the government and the salaries of its employees.” Rising payroll figures due to new jobs worry most economists. Most of them warned that the price boom in the oil markets would not continue, and that Iraq's dependence on them should have declined a decade ago. The newspaper continued: "This comes at a time when parliamentary districts concerned with the budget indicate a tendency to 'political agreement' on the budget before it is passed." A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, told Al-Sabah: "The Ministry of Finance has accomplished its obligations and transferred the budget, both operational and investment, to the Council of Ministers for a vote," noting that: "The Council of Ministers met last week with the Ministerial Economic Council and put amendments and final touches to the budget estimated at 140 trillion dinars, 80 trillion for operational and 60 trillion for investment." Al-Kazemi explained that: "If the budget reaches Parliament early next week, the Finance Committee will study it, and there will be two first and second readings and some amendments to be approved by the end of next February," noting: "The operating budget that includes the salaries of state employees rose from 42 trillion to 60 trillion dinars, which will strain the general budget in the future, and will mean serious problems In the event of a fall in global oil prices, it is necessary to find other resources than oil, by supporting the private sector, investing and promoting the agricultural and industrial reality.” In another matter, the newspaper / Al-Zaman / followed the subject of abuses and bulldozing agricultural land and converting it into residential in violation of the law. The newspaper said: "Social networking sites circulated pictures of deliberate burning of palm groves located on the Baghdad-Karbala road. Citizens considered these operations a fraud of a special kind to bulldoze orchards and turn them into residential areas that do not have the most basic architectural and environmental elements." The citizens stated, according to / time / : “There are a lot of orchards have been bulldozed using burning operations, where the best orchards in the governorates of several similar works without the intervention of the concerned authorities and stop the bulldozing operations carried out by the transgressors, which will threaten the local environment and contribute to the spread of slums, " calling on the concerned authorities to take the necessary action and stop the bulldozing or burning of orchards. The newspaper pointed out that the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasul, issued a notice regarding the sale of land located on both sides of the highway linking Dora and Youssoufia. Rasoul said in a statement: "Citizens should not buy land on both sides of the new highway linking Mohammed al-Qasim al-Dora highway and the Youssoufia area, because it is illegal." He added: "Legal measures will be taken against transgressors and impersonators who try to deceive and blackmail citizens."

- The CBI currency auctions has going down by around 50% - CBI is letting other banks sale the dollar - The CBI governor meets a number of banks and exchange companies to talk about how to identify work priorities, directions that serve the Iraqi economy, the banking sector, and work requirements according to the mechanism of the platform that implements money transfers for the benefit of bank customers under it, and organizes the foreign trade sector fundamentally. - The Iraqi Central Bank has taken a series of measures that enhance monetary stability and push for the return of exchange rates to normal, including: allowing banks to participate in the window of buying and selling foreign currency to be used for external transfer, working to facilitate procedures for obtaining dollars through banks, facilitating the financing of private sector trade and meeting the demand for foreign transfers by strengthening banks' balances with their correspondents in other currencies. - Gold Reserves 130 tons - Foreign currency reserves $100 billion dollars In my opinion the CBI is on a clear path to an open market economy. Go CBI Go new monetary policy Go Stronger Dinar

That’s a lot of effort to go through counterfeiting dinars that are worth a tenth of a penny, hmmm 🤔

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So take everything with a grain of salt ... Especially if it coms from Bruce... RON Paulette If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever. The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound. Militia Man Article: "Iraq achieves the largest purchase of US Treasury bonds in 10 years" Iraq holding US Treasury Bonds doesn't suggest their is an issue with the value of the Dollar or they wouldn't be net buyers. They know what the UST has in foreign reserves.. As in IQD, being one of the largest. All boats rise with the tide, Iraq included.. Walkingstick [Walkingstick's Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. All my employees will be there too...The CBI wants to talk to us. Nader From The Mid East Two things you're gonna see. When they stop selling and buying [dinars] at the banks for a week or two. When you see new very small currency come out - 1, 5, 10, 20 maybe 25, 50, 100. Now you can smile and say "they made it..!" Pimpy The news as usual has to do with the dinar exchange rate. Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there's no change to the exchange rate, Stock exchange playing havoc on the exchange rate, one thing or another is in the news about the exchange rate and this causes a lot of confusion... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Protesters outside of the CBI demanding the dollar go down and strengthen our dinars. This started with around 2 dozen protesters but it's grown to over 100, and now security forces are called in which are standing by. FRANK: This will only last a day. You will have good news very soon. I don't blame the citizens that are protesting at the CBI either. The governor knows he can be fired at any moment. That's why he's going at a faster pace... impossible as it may seem the monetary reform is on solid ground and gaining ground... And NOW, some of Bruce's rediculous nonsense: Bruce [from Tuesday] One of our sources is very close to the Treasury and has strong contacts there and is saying...All should start and roll out over a 30 hour period beginning at noon - Eastern time tomorrow [Wednesday]...So noon tomorrow, Wednesday - Is 6pm Thursday is our 30 hour rollout window for what is going to be in affect...a shotgun start... I know Iraq has done their thing. Hopefully, they have done everything that they needed to do...I think it's ready, We're ready to go. If only this were true, I'd be extatically happy & blessed..For All of US..! RON

Go CBI Go foreign currency reserves Go Gold Reserves Go new monetary policy Go Stronger dinar