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  1. Create a website and e-mail for all authorized exchange companies, category (A,B) October 06, 2021 The Central Bank of Iraq decided that all authorized exchange companies, category ( A , B ), establish an official website on the national scale ( iq ) and establish an official email on the same domain, for the requirements of the interest of work and for the purpose of organizing the context of procedures in your companies in a more modern manner and to ensure communication with this Bank and present the results to the public, and companies should provide us with their addresses and as soon as possible.
    35 points
  2. You have heard and you will hear... October 11, 2021 Jafar Al-Qazwini (Writer) What you have heard and you will hear, and what you have seen and will see, is nothing but a drop from the sea of corruption, deviation, evil, hatred and the killing of fathers of lashes. The International Court of Justice decided to refer Nuri al-Maliki and his aides to the court on charges of genocide The decision of the International Criminal Court to refer Iraqi Prime Minister Nuri al-Maliki and his aides to the court on charges of genocide: The International Criminal Court decided to refer Iraqi Prime Minister Nuri al-Maliki and a group of his senior aides to the court on charges of genocide. Muhammad al-Kaabi, the official spokesman for the court for the Middle East region, said that among al-Maliki’s aides who were decided to refer to the court were Lieutenant-General Farouk al-Araji, director of al-Maliki’s military office, Lieutenant-General Ali Ghaidan, commander of the ground forces, Saadoun al-Dulaimi, Minister of Defense and Agency, and Adnan al-Asadi, senior agent of the Ministry of Interior and chief of the intelligence service Zuhair. Al-Gharbawi, Lieutenant-General Qassem Atta, Director of Operations in the Intelligence Service, and Lieutenant-General Talib Shaghati, Head of the Counter-Terrorism Service. He revealed that the court had complete files of the crimes committed by al-Maliki and his aides, including the genocide in Anbar and Kirkuk, the flagrant violation of human rights, brutal methods of torture and violation of the freedoms of citizens, in contradiction to the Geneva Conventions, the Charter of the United Nations and international law. https://web.facebook.com/aljazeerachannel/videos/10153831485194893/ A secret document from WikiLeaks reveals how Nouri al-Maliki provided Israel and Iran with information that contributed to the liquidation of hundreds of Iraqi nuclear scientists and pilots. In the name of religion Baguna 450 billion Iraqi dinars are stolen monthly from you The Central Bank sells the dollar at an official price of 1180 dinars to the dollar This means that every $1 = 1180 Iraqi dinars, while the market price = 1285 Iraqi dinars, which means that there is a difference of 100 dinars per $1 between the official selling price and the market price, meaning that: $100 = 118,000 at the central bank rate, while the market price for every $100 = 128,500 Iraqi dinars means the difference in the market price from the price of the central bank is: 10,000 dinars (ten thousand dinars), for every $100, meaning every $10,000 or (every intensity) in it Million dinars difference That is, every million dollars (100 intensities) has a difference of 100 million dinars, meaning that every 100 million dollars has a difference of 10 billion Iraqi dinars. And if the central bank sells 150 million dollars per day, this means that the currency difference between the central bank price and the market price is equal to: 15 billion Iraqis per day, and the outcome of that within a month is as follows: 15 billion * 30 days = 450 billion Iraqi dinars per month Imagine what we can do with 450 billion dinars per month? Note: This 450 billion dinars mostly goes to corrupt parties and they are all corrupt, as each party has a money transfer company,exchange companies and a bank.. the rule of law and the dream of tyranny.. Watch the video. They rob us in the name of religion and they are corrupt, thieves and bandits.... https://www.facebook.com/164223393773612/videos/496554090540539/ Facts about the fall of Mosul in the hands of the terrorist ISIS The British Independent newspaper revealed that former Prime Minister Nuri al-Maliki ignored warnings confirming the intention of ISIS to attack the city of Mosul. The newspaper said in a report that al-Maliki, who held the positions of defense and interior ministers, ignored 12 warnings sent by the Nineveh intelligence chief, Major General Ahmed al-Zarkani, to his office, revealing that ISIS had obtained weapons and equipment to attack the city. He also ignored information that there are six training centers for terrorist organization elements outside the city, where the Air Force planes were not allowed to bomb them despite their monitoring. The newspaper pointed out that the office of the Prime Minister at the time also ignored information stating that the terrorist organization was planning to attack the city of Mosul with a force of about a thousand who were now gathered in the village of Sheikh Younis near the city, and refused to use the Peshmerga forces to prepare to repel the sudden attack of the terrorist organization. The newspaper confirmed that Al-Maliki preferred the fall of the city of Mosul to the terrorist organization ISIS and not to other groups linked to the Baath Party, because in this case he would ensure the international community’s movement against the organization alone. The newspaper added that the last report that arrived in Baghdad was a few days before the operation, telling them the zero hour and the details of the operation, but Baghdad did not take any action. The report made it clear that the security services did not share this information with the local government, but rather send it to Baghdad. The report also referred to the repeated requests made by the Kurdistan region to the owners to provide assistance and that Mosul is in danger. Al-Maliki's answer to them was that you preserve Kurdistan and I can take care of the rest of Iraq. I laugh with all your heart… What does the Russian broadcaster say about restoring the private plane of Nuri al-Maliki to Iraqi Airways… and how does the announcer laugh about Nuri al-Maliki’s response to Haider al-Abadi,,, How do I visit (Bastota) https://web.facebook.com/SAAD333/videos/vb.100000550970941/952679314760425/?type=2&theater Mrs. Abu al-Naal (Nuri Naqis al-Maliki) in brief... How did Nineveh (Mosul) fall? Al-Gharawi reveals the details of the occupation of Mosul and confirms that the withdrawal order was issued by al-Maliki, Ghaidan or Qanbar.... The commander of Nineveh Operations, Lieutenant-General Mahdi Al-Gharawi, revealed information about the circumstances of the fall of the city of Mosul, in the hands of the terrorist organization ISIS, and the withdrawal of the military units present there. Al-Gharawi told Reuters that senior officers ignored his warnings in late May that ISIS was preparing to launch an attack on the province, explaining that the Federal Police was besieged in Mosul on June 4, and two days later, convoys of pick-up trucks headed from the west via The desert in which the border between Iraq and Syria is located, and each truck had four ISIS fighters until they took control of the city’s checkpoints, and after three days, the army withdrew from Mosul, the second largest city in Iraq, and ISIS terrorists spread there Al-Gharawi told Reuters that one of three people may have issued the final order to withdraw, namely, the commander-in-chief of the armed forces at the time, Nuri al-Maliki, Abboud Qanbar, who was at that time deputy chief of staff at the Ministry of Defense, or Ali Ghaidan, who was commander of the ground forces, indicating that the secret The withdrawal lies with these three and that the decision of Ghaidan and Kunbar to leave the left coast of Mosul was the cause of a mass desertion because the soldiers assumed that their leaders had fled. The agency indicated that the Sixth Brigade of the Third Division of the Iraqi army had a strength of two thousand and five hundred soldiers, but the reality confirmed that the number of soldiers at the time did not exceed five hundred, in addition to the lack of ammunition and weapons, while Al-Gharawi said that infantry, armored vehicles and tanks were transferred from Mosul to Anbar, where more than 6000 were killed. Another 12 thousand soldiers fled the service, and there were no tanks left in Mosul, and the city was also suffering from a lack of artillery. Al-Gharawi acknowledged the phenomenon of fake soldiers who pay the officers half of their salaries and in return they do not attend their barracks and do not perform their duties. The investigation conducted by Reuters shows that high-ranking military officials and al-Maliki himself bear some responsibility, especially as ISIS terrorists benefited from the shortage of forces, disagreements between senior officers and political leaders in Iraq, and the panic that led to the abandonment of the city. Officers and officials say to Reuters that al-Maliki and his defense minister made a grave early mistake by refusing repeated offers from Kurdish forces to provide assistance, and they also worked to antagonize the Sunni component in Mosul before the start of the battle. In light of the demonstrations and protests raging in Iraq, the corruption files during the era of former Iraqi Prime Minister Nuri al-Maliki are considered one of the worst stages for the state of Iraq in modern history, after documents and the Integrity Committee showed many and shameful files condemning al-Maliki during his rule. The following is a presentation of the most important files of corruption during the era of former Iraqi Prime Minister Nuri al-Maliki. The arms file in the Maliki government: The Contracts Committee hid the fate of billions of dollars under the pretext of buying weapons without the presence of weapons in the first place. Bribes among Defense Ministry officials, and this was what was really evident at the time from the Iraqi army’s inability to confront ISIS’s weapons during the attack that led to the overrunning of Mosul and Salah al-Din in 2015. Corruption file for a fictitious military hospital: Al-Maliki’s government spent a billion dollars for it and was dedicated to providing modern and advanced services to the military, “but it was found in the investigations that it does not exist in Iraq, so that the foundation stone was not laid for it,” and this hospital was asked about by the current Minister of Defense, Khaled Al-Obaidi, during the last interrogation session. Al-Obeidi said that the contract for this hospital took place at the time of al-Maliki and work in it is still suspended and we are working to move the work on it. Representatives of the (State of Law) coalition wanted to charge the hospital contract with the current minister, but they could not, especially MP Alia Nassif, who questioned al-Obaidi. The scandal of the escape of 6 ministers and 53 government officials with special ranks in the former Iraqi government from the country, and he asked the current President of the Republic, Fuad Masum, through his personal relations, to ask the countries, which he is invited to visit, to return those people to the country, if there was an incident of ministers escaping Among the most important of these ministers are the former Minister of Trade, Falah Al-Sudani, a leader in the Dawa Party, the former Minister of Defense Abdel Qader Al-Obeidi, and the former Minister of Electricity Karim Waheed. The file of the planes that al-Maliki said he had bought from Russia, but it turned out that those planes were the Iraqi planes that Iran had not given permission to land in the American war against Iraq and had to land in Russia at the time, so the al-Maliki government returned those planes as having been purchased. – The scandals of “selling people” in the military bases of the Iraqi government at the time, as military officials set up detention camps in their military bases and were arresting people and then returning them to their families in exchange for large sums of money, and this was practiced by the closest military to al-Maliki, who is the commander of Nineveh Operations at the time, Mahdi al-Gharawi, the fugitive. currently Iraq is advancing on the global ladder of corruption Iraq.. Corruption of eating green and dry Buying millions of dollars worth of explosives detection devices (sonars), but these devices did not enter the country at all. The file of corruption in the manual explosives detection devices, which claimed the lives of thousands of Iraqi civilians, as it turned out that it was a device for detecting washing powders and not for detecting explosives. Al-Maliki or the parties that imported the device were not brought to justice. – The discovery of 16 private banks that were withdrawing funds from the Central Bank of Iraq with fake receipts, as a number of employees of those banks were arrested, indicating that “millions of dollars were withdrawn from the Central Bank of Iraq to a neighboring country, most notably Iran to help it bypass the international economic sanctions that were imposed.” on her. Circumvention of international sanctions and the use of Iraqi airspace and airports to deliver weapons to the regime of Syrian President Bashar al-Assad through Russian and Iranian planes, some of which were detained at Baghdad airport and released mysteriously. - Ahmed Nouri al-Maliki transferred one billion and 500 million dollars of Iraqi funds to Lebanon during his father's rule. The file of (fictitious) space soldiers at the Ministry of Defense: After the fall of Mosul to ISIS, it became clear that there is a fake army from the names of the soldiers on paper only, and their imaginary salary money goes to unknown destinations, and this is what actually became clear when ISIS attacked the military teams in Mosul and Salah al-Din and it became clear The actual number of soldiers within teams or bases is a quarter of the number documented on paper. The most dangerous and most important file is the “fall of Mosul” in the hands of ISIS, or the handing over of the city to the organization by military leaders linked to al-Maliki. Although the report of the Parliamentary Security and Defense Committee held al-Maliki, as Commander-in-Chief of the Armed Forces, responsible for the fall of the city, the judiciary did not move a finger about it. Millions of dollars spent by former Iraqi Prime Minister Nuri al-Maliki in the suspicious RAPISCAN deal apparently went in vain, which was confirmed by the Security Committee of the Baghdad Provincial Council in its recent ruling on the issue of the feasibility of RAPISCAN vehicles that were supposed to locate explosives. The Security Committee also confirmed that the sonar cars that were recently deployed at the entrances to some areas of Baghdad, including Karrada, which witnessed the bombing yesterday, do not detect explosives in any way, but are ordinary x-ray imaging devices, and any professional party can hide the explosives in a way that they cannot These devices are all monitored and proceed with the detonation process. While the Security Committee recommended raising the intelligence resources, it also confirmed that the sums spent on these vehicles would have been more profitable if they were spent on the resources of the Iraqi intelligence services, which by the way are currently operating without a budget, according to the members of the committee. The RAPISCAN vehicles were put into service in the wake of the worst attack in Baghdad in more than a decade, which killed nearly 300 people last July, replacing the simpler IDE 651, which in turn came to Iraq through a corruption-tainted deal. It was also proven false, and paradoxically remained in service in Iraq for years, despite the trial of the party that sold it to Iraq in Britain. The nomination section before the local and parliamentary elections .. for each voter in Iraq. I swear by God, the Most High, the Great, to be a plunderer of wealth.. and to steal a look at the state treasury and plan how I can reach it.. and that I will not take into account the interests of the people until after completing my personal and family interests, and I swear that I will not risk my life or the lives of my family and clan members for any reason. And I swear that the interests of my people and my nationality will be the last thing I think about...I swear that I will try hard that my last task...is to install the retirement law for parliamentarians..and God is witness to what I say is a martyr...This division is in the subconscious mind of every candidate and unfortunately without exception... With Mr. Bahaa Al-Araji’s confession, when he said, after the fall, all the followers, media cadres, and those concerned in that field, drummers, rabab players, and the trumpeted horns of the Iraqi Ministry of Information, whose minister was Latif Nassif Jassem at the time of the tomb in Al-Iraqiya channel, were established and established from these mercenaries…. Al-Laban (Prime Minister of the current Iraqi corrupt state) is one of these horns for his criminal campaigns and operating their machines for the sake of the one leader and the only person in Iraq for the second time and stemming from the depth and experience in that field,,,,, Good news, Iraqis, for a new destruction of your corrupt state represented in the capital of Rashid ( Baghdad) where he is ruled by the dumbest person and ruled by another mentally ill and mentally retarded again. The people are confident that you will all escape and not one of you will remain inside Iraq, and you will join the rest of the thieves who stole the Iraqis’ money and fled with it abroad, such as the Sudanese, the Samurai and other thieves. The only thing in this calamity that has befallen us is in exposing the truth of these thieves and exposing their corruption and immoral degeneration, and our call to our people is to abandon this decadent gang and remove its traces and not to believe its false slogans, so I blessed the efforts of every honorable and jealous Iraqi who contributed to exposing the corruption of the thieves of the state of law
    29 points
  3. Good morning Yota, thank you sir 🙏 The Possibility Of Adjusting The Exchange Rate Of The Dollar Against The Iraqi Dinar, Saleh Said, “Adjusting The Exchange Rate Is One Of The Actions Of Monetary Policy In Achieving Stability, Targeting Inflation And Limiting Its Heights Under The Effective Central Bank Law,” This has been the plan all along "The exchange rate is one of the actions of monetary policy" This will bring prosperity to its citizen, and, bring Iraq to the world stage and make them a global competitor. Keep the faith DV, its getting serious
    27 points
  4. Good news in my opinion. CBI is asking all authorized exchange companies to get theirs digital affairs in order as soon as possible. Our payday is getting closer.! Go CBI Go reforms Go RV Go as soon as possible
    27 points
  5. I would say that this is VERY telling! I honestly think that things are about to change for the better... Not only for Iraq and all of us that have invested in the Dinar but for All of Humanity!!! This is exciting times!!!! Praise God!!! 🙌 🙌 🙌
    27 points
  6. 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. RON *** Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: TV...saying...the capital one Islamic banks are now merged with the international Islamic capital one banks. saying this is part of process to produce maximum efficiency for Iraqi banking…TV showing placement of the new ATMs in Mosul and surrounding provinces. saying banking sector will have all new ATMs in place in near future and this a process of the reforms to enhance banking sector… *** Pimpy We don't do dates and rates and I don't mislead people. I give you the news - the good, bad and ugly. And I also tell you guys there are other factors that we can watch that affect the Iraqi dinar. I know everybody's waiting for an RI or an RV to be announced. I get that and I'm not saying it won't be done but what I'm saying is there are other factors to consider...no body knows the date. Nobody knows the rate. You can take a lot of information and take a pretty good educated guess at it but anybody telling you that they know for sure the date, they know for sure the rate or that the rate has changed or they have special connections, 800#s, back screens, military intelligence, special codes is all full of [You know what]. There's not redemption centers. There's no 800 numbers. It's a currency... *** Petra Iraq has successfully met the foreign reserve requirement and they have sufficient capability to protect them..!!... *** Kaperoni Significant news for those invested in Iraq. Standard & Poor's came out reviewing Iraq's credit rating. They made a statement that Iraq can improve to A or -A by activating the private sector. This is the encouragement we've been waiting for. WOW..! This positive statement from Kaperoni...! *** Frank26 I find it interesting that Sunday is Iraq’s Independence Day very interesting… And I have always found a Saturday into a Sunday very interesting because on Sunday Iraqi banks are open and most of the rest of the banks around the world are closed… *** MilitiaMan Once the IQD is cleared Internationally it will be fully Article 8 compliant with the IMF and International Standards. That will require a Real Effective Exchange Rate (REER). The Bonds for reconstruction to enhance the Private Sector to support Iraq away from just oil revenues will require it too. Imo. There is data that supports yesterday that the Bonds will trade on the ISX. It is my understanding that the ISX was closed yesterday and won't open until Monday, next. Regardless, there is an effort to trade bonds in the very short term that will require international exposure and standards to apply. That's all for today Folks ... lots of good stuff ... Blessings - RON
    25 points
  7. Some might say we have been down this road before. We have been down many roads in this journey, but something tells me that Iraq is on the road to be coming an international player. Oil sitting at 82.50 . Strong foreign currency reserves . Banking reform . Gold reserves . Education on banking policies . Revamping of state banks . Adjusting of the currency auctions . White paper . Sadir sounds(we will see) like he means business Love this quote from the article "A fixed exchange rate policy helps curb inflation, and a flexible exchange rate policy helps absorb external shocks. To me this sounds like floating of the IQD These are the main topics off the top of my head that make me think that we are on the other side of the mountain DV. I could be wrong, but I/we know that the IQD is extremely under valued and the only way they will prosper, become a player in the Arab world hence this article; THE ARAB MONETARY FUND, IN COOPERATION WITH THE INTERNATIONAL MONETARY FUND'S CENTER FOR ECONOMICS AND FINANCE IN THE MIDDLE EAST, ORGANIZES A COURSE ON "EXCHANGE RATE POLICY" Is to make the currency worth more then it is now, and how do they do this???? Just what they are doing now and have been for some time now, getting their act together. Just my 2 cents.... Keeping the faith 🙏
    24 points
  8. Good morning everyone! Small maintenance update performed this morning, please report any issues here. "No RV text yet" is not a maintenance issue, FYI. I'll be doing a dinar update in the coming week - waiting on confirmation of a few things that have been brewing for a bit now. Some of you will be able to guess what it is, based on recent news. That's the only tip I'm giving in this post. GOOOO RRRRVVVVVVVV!!!!!!
    24 points
  9. “The collapse of the country’s economy, which we will face if the government situation continues as it was from 2003 until now,including the current Al-Kazemi government.” Today the government situation is totally different. - White Paper reform project… The roadmap to an open market economy - Central bank sales decline around $100 million dollars with the entry into force of the new instructions - 96.3 Tons of gold. $62.1 billion in foreign currency reserves… The reserves growth $6 billion dollars after implementing the White papers - The International Monetary Fund Expected A Significant Growth In The Iraqi Economy To Reach 10.5 Percent In 2022, And A Decrease In The Inflation Rate To 4.5 Percent. - The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies. - Articles from the finance ministry and the PM financial advisor talking about how the reforms help to recover the economy If they did not devalue the dinar to 3,000 per $1 last December when they started the reforms project aka white papers. They are not going to do it now. Go Iraq 🇮🇶 Go reforms Go development Go open market economy Go growth Go purchasing power
    23 points
  10. THE ARAB MONETARY FUND, IN COOPERATION WITH THE INTERNATIONAL MONETARY FUND'S CENTER FOR ECONOMICS AND FINANCE IN THE MIDDLE EAST, ORGANIZES A COURSE ON "EXCHANGE RATE POLICY" 2021-10-19 Abu Dhabi - United Arab Emirates This morning, the " Exchange Rate Policy " course , organized by the Institute for Training and Capacity Building at the Arab Monetary Fund, in cooperation with the International Monetary Fund's Center for Economics and Finance in the Middle East, was inaugurated during the period 18-28 October 2021, through the distance training method adopted by the Fund in continuation of its training activity. . Achieving economic and financial stability is one of the most important economic goals in all countries, so macroeconomic policies are unique in large areas, especially those policies that aim to achieve stability. The course also highlights the differentiation of macroeconomic policies associated with different exchange rate regimes, the choice of the exchange rate regime, and the most important challenges facing exchange rate policy in developing and emerging market economies. On this occasion, the speech of His Excellency Dr. Abdulrahman bin Abdullah Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, stated: Dear sisters and E Lakhoua It gives me great pleasure to welcome you to the inauguration of the " Exchange Rate Policy " course, which is being held by the Institute for Training and Capacity Building at the Arab Monetary Fund in cooperation with the International Monetary Fund's Center for Economics and Finance in the Middle East, hoping that you will seize the opportunity and benefit from the topics of the course. Ladies and gentlemen, Achieving economic and financial stability is one of the most important economic goals in all countries, so macroeconomic policies are unique in large areas, especially those policies that aim to achieve stability. The course also highlights the differentiation of macroeconomic policies associated with different exchange rate regimes, the choice of the exchange rate regime, and the most important challenges facing exchange rate policy in developing and emerging market economies. Ladies and gentlemen, The exchange rate policy is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is considered one of the obstacles in achieving economic growth. appropriate exchange. A fixed exchange rate policy helps curb inflation, and a flexible exchange rate policy helps absorb external shocks. The results of adopting such economic policies were evident during the many economic crises that afflicted the economies of the world during the past two decades, which contributed to alleviating the negative effects of those crises. Ladies and gentlemen, It is known that the influx of capital significantly in the presence of an effective monetary policy enables countries to avoid the consequences of these flows represented by the rise in real exchange rates, thus reducing the competitiveness of these countries' exports. Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs represented in interest payments on government bonds that are used to absorb the liquidity left by these flows. Therefore, it is necessary for countries to have controls to deal with capital flows, especially short-term, as these funds are often quick to exit. Ladies and gentlemen, Your course is rich in topics related to many important topics, as the different types of exchange rate strategies and arrangements and their compatibility with the existing economic policy will be reviewed. The course will focus on the following main themes: Basics of analyzing different exchange rate systems. How to read international currency market indicators and exchange rates. Assessing the adequacy of foreign exchange reserves using traditional and new indicators. The relationship between exchange rate policy and macroeconomic policies. Basic parameters for the transition from a fixed to a flexible exchange rate. Establishment of early warning systems for currency crises. Ladies and gentlemen, In conclusion, I would like to thank the distinguished experts who presented the course materials, and to commend the fruitful cooperation that exists between the Arab Monetary Fund and the International Monetary Fund. I wish you a successful session and may God protect you wherever you are. Peace, mercy and blessings of God. صندوق النقد العربي بالتعاون مع مركز صندوق النقد الدولي للاقتصاد والتمويل في الشرق الاوسط ينظم دورة "سياسة سعر الصرف" | صندوق النقد العربي (amf.org.ae)
    23 points
  11. Al-Kazemi's Financial Advisor Talks About Changing The Exchange Rate Author: Ahad7 On 10/18/2021 - 8:29 PM 3,528 The Financial Advisor To The Prime Minister, Mazhar Muhammad Salih, Confirmed Today, Monday, That The Financial Surplus From The Rise In Oil Prices Will Cover Three Important Axes, Including Filling The Expected Deficit In The Current Year's Budget. Saleh Said, "The Financial Surpluses Achieved From The Rise In Oil Prices And Their Reaching $75 Per Barrel Will Cover At Least Three Axes," Noting That "The First Axis Is Covering The Planned Deficit In The General Budget For The Year 2021, Which Amounts To 29 Trillion Dinars, While The Second Axis Is Related To Covering The Real Additional Deficit Gap Of Less Than 10 Trillion Dinars, Which Is Caused By The Failure To Estimate Non-Oil Revenues, Which Achieve Only 40% Of Their Estimated Or Planned Estimates In The Budget, Which Unfortunately Causes Pressure On The Planned Annual Spending And Its Ceilings, Which Is Caused By The Failure Of The Financial Collection Institutions In The Country. He Added, "The Third Axis Goes Towards Supporting Faltering Projects Whose Operation Is Intended To Continue, And For Which Many Business Contractors Demand An Amendment Of Implementation Costs (Spare Parts) Due To The Exchange Rate Change Before The Initial Contract Or Other Changes In The Operating Costs Of Ongoing Projects," Noting That "The Disposition Of With Financial Surpluses, It Is Not Easy Due To The Many Restrictions And Obligations Within The General Budget Itself, Including Postponing The Payment Of Many Of The Expenses That Are Payable And Were Not Spent In Previous Years.” He Pointed Out That "There Are Dozens Of Laws That Carry Financial Burdens That The Public Finances Are Unable To Implement The Resulting Increases, Even According To The Hypothesis Of Achieving An Annual Average Price Of A Barrel Of Oil Of $75 Compared To The Price Fixed In The Federal General Budget For The Year 2021 Of $45 A Barrel." . On The Extent Of The Possibility Of Adjusting The Exchange Rate Of The Dollar Against The Iraqi Dinar, Saleh Said, “Adjusting The Exchange Rate Is One Of The Actions Of Monetary Policy In Achieving Stability, Targeting Inflation And Limiting Its Heights Under The Effective Central Bank Law,” Noting That “This Is A Matter That Takes Into Account Monetary Balance Considerations, Two Restrictions, The First The Coverage In Foreign Currency Of The Local Liquidity, Which Has Increased Significantly, Due To Financing The Deficit In Government Expenditures, Which Led To The Expansion Of The Monetary Base, Or What Is Sometimes Called In The Literature The (Domestic) Cash Reserve, And If The Foreign Reserves Outweigh The (Domestic) Cash Reserve In A Way That Does Not Threaten The Country’s Foreign Reserve Wealth Or Its Depletion And Maintains Its Stability, Accumulation And General Stability In Prices. He Pointed Out That "The Second Limitation Is That The Effects Of The Adjustment In The Exchange Rate Should Be Fully Consistent With The Objectives Of The Country's Fiscal Policy And Its Level Of Stability, Meaning That It Should Not Threaten The Sustainability Of The Budget Or Cause Sudden Stumbles In Public Revenues Due To The Change In Monetary Values And The Entry Into Failures (Compensatory Value Deficit) In The General Budget, I.E. Itself, Due To The Fluctuation Of Monetary Policy,” He Explained, “This Requires Always High And Accurate Coordination Within The Country’s Supreme Economic Policy Operations.”
    23 points
  12. You’re correct DoD. I Agree with your comment , this was a directive from IMF-SBA years ago. Now is part of the White Papers reform project. ~ White Papers Axis 2: Achieving macroeconomic reforms according to strategic principles, giving priority to productive economic sectors, and creation of sustainable employment opportunities. 1- Rehabilitation of Financial sectors (a) Banking sector Objective: The reform of this sector aims to “reform government banks towards working according to commercial standards, reduce their hegemony over the banking sector and pave the way for private banks to ensure the development of the sector and take its role as a lever for the Iraqi economy, end the role of government banks as an arm to finance government spending, return to the independence of these banks from the Ministry of Finance and restore people's confidence in the sector Banking in general”, through the following steps 1) Addressing the level of capital of all government banks and organizing the process of increasing their capital, if necessary 2) Establishing and activating the basic banking system in the Rafidain and Rasheed banks, and continuing with the steps previously taken towards restructuring these two banks after conducting a full financial review by international auditing companies 3) Appointing an international law firm to conduct a full audit of the international legal position of Al-Rafidain and Rasheed banks in order to return them to international dealings 4) Reconsidering the Industrial Bank Law and increasing its capital in order to expand its business base and present it as a model for reforming other government banks 5) Accelerate the development of electronic banking and mobile banking services to become the primary means of the payments system to encourage more access to traditional banking services and enhance financial inclusion. 6) Strengthening the ability of the Central Bank to perform its supervisory functions and enabling it to effectively supervise and regulate the banking sector, including the power of forced merger of low-performing banks 7) Implementing a deposit insurance system in order to enhance the confidence of depositors in the private banking sector 8- Complete the application of international accounting systems in all banks to improve their transparency practices and according to the Central Bank's instructions in this regard 9) Providing an appropriate environment to encourage private banks to lend a stimulus to the economy and move away from focusing on generating revenues through the issuance of guarantees, the currency window and other fees. 10) Adopting market mechanisms in determining the interest rate and profits for the Iraqi financial markets. Iraq continues moving forward on their quest to an open market economy. Go White Papers Go reforms Go development Go growth Go RV
    22 points
  13. The Governor of the Central Bank discusses with his Saudi counterpart cooperation in the external banking sector October 21, 2021 Today, Thursday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, discussed with his Saudi counterpart cooperation in the external banking sector. And the Central Bank of Iraq stated, in a statement received by Alsumaria News, that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, feared Riyadh and a delegation from the Iraqi banking sector discussed bilateral relations and prospects for cooperation in the banking sector and the exchange of experiences with the Saudi side." The statement added, "The governor met the Saudi Central Bank administration on the sidelines of this visit." He pointed out that "the Saudi side welcomed His Excellency the Governor and the accompanying delegation, considering this visit a gateway to deepening relations between the two brotherly countries and the two monetary institutions, and a step that will reflect positively on both sides." He pointed out that "there was discussed the readiness to open the field of exchanging experiences and cooperation in the foreign banking sector, in order to establish a positive stage in the economic relations between the Iraqi side and the Saudi side."
    21 points
  14. 19 Iraqi banks get a rating from international agencies October 20, 2021 Economy News _ Baghdad The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies. The bank said in a statement received by "Al-Iqtisad News", that within the framework of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it in line with international standards, 19 licensed banks in Iraq obtained a classification from accredited international rating agencies: (Capital Intelligence - Fitch - Moody's). Standard & Poors). He added, "These banks will receive several banking facilities, which reflects the development of the performance of the banking sector in Iraq and the solvency of banks and is evidence of their compliance with local and international standards." It is worth mentioning that the Central Bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors in them, especially after their success in obtaining such ratings.
    21 points
  15. - Al-Kazemi's Financial Advisor Talks About Changing The Exchange Rate - The International Monetary Fund Expected A Significant Growth In The Iraqi Economy To Reach 10.5 Percent In 2022, And A Decrease In The Inflation Rate To 4.5 Percent. - The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies. - The Arab monetary fund, in cooperation with the IMF. Organizes a course on “exchange rate policy”. All I see is GOOD news.! In my opinión we are pretty close to see the international value of the IQD Go Iraq Go international Go RV
    20 points
  16. Good afternoon DV; Do not let this article get to you, if it does. Any nation with 90% below the poverty line, is doomed and civil war will be the outcome, and In my humble opinion, this will not be the case. Yes Iraq has been to hell and back over the past number of years, yes corruption has been a major disruption in progress, and yes, it feels it's been a free for all for some time now. First and foremost, the CBI is the only governing body that can adjust the exchange rate, and the article in imo, is only an opinion piece and does not reflect the ongoing progress that Iraq is making. In order for Iraq to become a global player, many things must be in place, and that list of items has been posted many times here, which most have been put into place and enacted into law as of today. Building back Iraq from the past is a massive job, one that requires a list of items as long as the Euphrates river itself and of coarse, this will take some time, how much time? I really don't know. But since then, what I do know, is that they have come a long way and they are on the right path to becoming a powerhouse in the Middle East. With the vast riches that Iraq has, and many global G20 nations wanting a piece of the action, and be protected, many elements must be established and put to international law. Again, we know Iraq is a vastly rich nation of natural resources, and the alliance being built right now with the Saudi's is key to moving forward, and will be a strong partner for future development. Now, the oil will not last forever and I think this article is saying that they cannot rely on its abundance for an eternity and steps must be taken to thwart off its decline. Devaluing the IQD to 3,000 will completely deviate from all the progress that is taking place and will plunge Iraq, and perhaps the Saudi investors, and any other nation taking up roots there, into financial disaster, and I just don't see it. I am convinced that what is taking place over there, is progress and that progress although slow and tedious one day will have its day, for the Iraqi people and for all investing in it's future. We Dinar holders are not the only ones looking at this scenario as an investment, we are one of many, and there are some HUGE players setting up shop there looking for the same thing we are, a return of investment. Keeping the faith 🙏
    19 points
  17. 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. More Al-Sadr references, and perspectives... RON ** Newshound Militiaman On the day of election results we see that Sadr is saying... "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,"' I am not sure what his definition of gradual is but, Article 8 is fully international, therefore, at the starting gate there needs to be a beginning. Going international at 1460 imo is not in the cards. Sadr is not the financial expert in charge of changing the exchange rate. The CBI is and will be. imo. Regardless, change is coming... ** Newshound Kaperoni Looks like the Sadrist bloc (Al-Sadr) will be the majority from the elections. They will have the right to choose the next prime minister. Since he does not get along with Al-Maliki we can assume it will not be him or anyone from his party. As for current prime minister Al-Kazemi, he may very well put himself in position for tenure as prime minister and to achieve his economic agenda. ** Newshound Pimpy I'm glad this election is over. As you can see the rate didn't change...people spreading rumors about how the rates gonna change on the day of the election although that would probably be a real sneaky tactic...What is the next benchmark here? Oh yeah the 17th. That's the other one everybody is talking about. We will see. Hang tight. Like I said it won't necessarily be an RI or RV. We're going to see it jump up in increments. As long as the economy continues to grow in strength, the private sector is being built, they're not relying so much on oil, there's a lot of factors. So far so good. I'm happy and I'm curious to see who won... ** Vital Brad's Dad There's probably 5 people or less that have any kind of indication as to when it may actually fly. And there may still be things we don't know of that have to be put into place either in Iraq laws/governments/whatever before it can actually go...There may still be things out there that need to be done that we don't know about...but again, turn around and it could happen on the 17th... ** Intel/Newshound Mnt Goat Article: "AL-SADR: WE WILL WORK TO RAISE THE LEVEL OF THE IRAQI DINAR" ...Could the news get any better? Yes, they are coming right out now and telling us now that they fully intend to go international (FOREX). I quote from the article above – “The people’s oil is for the people, and we will improve the dinar to be in the ranks of international currencies gradually and activate the role of clans to support the stability of Iraq”... That's All Folks ... Blessings ... RON
    19 points
  18. 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. RON *** MilitiaMan Article: "Iraqi banks acquire 99% of government bonds" From the looks of these Bonds at 250 billion dinars has a striking similarity to the UST requirement for banks to have quality assets. Imagine if this is similar and timed accordingly. If an international calculation is applied to a new exchange rate like that of the AMFs recent valuations of approximately 3xSDR... One would see just how striking that maybe...IMO. There are no coincidences imo. *** Pimpy This is some good news. We talked about this. I spoke about this. It was a feeling that I had and it looks like it might actually happen. Article: "Al-Kazemi's advisor proposes solutions to reduce the value of the dollar" This is a biggie! ...Let me repeat that. To reduce the value of the dollar. Not the dinar. The dollar. This is the direction we want them to go into...I told you we were going to start getting into an area in which they need more purchasing power. (Post 1 of 2)..More to come...
    19 points
  19. 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... RON ** Frank26 ** Article: "The Minister of Oil sets the price of a barrel in the budget and expects crude to reach $100" WE TOLD YOU IT WOULD BE $100 PER BARREL... ** Mnt Goat ** Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" ...this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV we are looking for? ...anyway you look it, the news is very good. We know that under Dr Shabibi the monetary reserves of Iraq reached $90 billion. ...they have reached a record high and so they must be over $90 billion reaching close to $100 billion. If oil continues to rise, as they project it will, Iraq will reach over $100 billion in reserves... GOOD MORNING DV ... Have a Blessed Day ... RON
    18 points
  20. Thanks yota for the articles…. Folks you need to read this because this was a directive from the IMF years ago to restructure the state banks to the private sector. They don’t mention the other state bank, Rasheed but I will assume it’s also in the works. I had forgotten about the restructuring of the state banks as one of the IMF mandates because it has been that long ago. Some of you folks that’s been here awhile can remember the list the IMF put out. Stop the auctions Restructure state banks Stop using duel currency ect….. I may live long enough after all to see a profit on all this Dinar I hold….
    18 points
  21. 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... RON *** Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: Sadr...on tv saying...we will improve the dinar to be in the ranks of the international currencies... FRANK26: Improve your currency to international levels …no kidding… and he [Sadr] says that Iraqi citizens are about to be rich… no kidding …Like we need to hear it from him lol but you will soon hear it from Kazemi and the governor of your CBI …by the way...the auctions today they are at a phenomenally low level for a phenomenal reason… *** Pimpy Article: "The International Monetary Fund expects significant growth in the Iraqi economy and decline in inflation in 2022" Heck yeah that's what we want to see. The IMF is predicting that Iraq's economy will improve by 10.5% next year. That's awesome . And there will be a decrease in inflation by 4.5%. That's exactly the type of thing we are looking for. This is going in the right direction...when you want to talk about things to look for indicators that their currency is going to grow in value these are some biggies right here...this is great news...it's looking really good for Iraq. Blessings Everyone..! RON
    18 points
  22. 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. Lots are repeating Al-Sadr's comment after the election. RON ** Claire SO IN A TELEVISED SPEECH TODAY SADR SAYS THIS: "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," Great news indeed. Now time to put it in action... ** Samson "Al-Sadr: We will work to raise the level of the Iraqi dinar". Quote: "he pledged, We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,"... ** Mnt Goat So now the election is over. Al-Sadr party won the majority of election seats... he supports implementing the White Paper...and Al-Kazemi will most likely be the candidate that Sadr will chose and it will be official soon. ...the election is not a trigger for the RV. It never was and never will be...There never was any indication that the election had to be done first to get the RV... Just like the budget having to be passed each year...So, was the election on Oct 10th important? Sure...I believe that Al-Kazemi will continue as the prime minister and this is a very good thing...
    18 points
  23. I'm not able to promote this person's YouTube channel so I won't. He disappeared for a while and I just ran across a vital video he made. He reads a very recent CBI article from CBI website and in the article it talks about foreign exchange regulations beginning October 17th. He is convinced that is when IQD goes international.. Anyone else watch the video? What are your thoughts?
    18 points
  24. I know this is off topic but in the last week the Biden Administration wants to view your bank accounts on any transaction over 600.00. His Administration wants the FBI to investigate anyone who is in opposition to School Boards masking protocols. Spying on Americans and Censorship of anyone who opposes the Dictatorial demands of this Socialist President seems un American to me.
    18 points
  25. Just the fact that they continue talking about the exchange rate, Is good news in my opinion.! Go white papers Go reforms Go development Go open market economy Go progress
    18 points
  26. 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. RON ** Mnt Goat ** Article: "A SOURCE FOR “ECONOMY NEWS”: THE BONDS ARE WORTH A TRILLION DINARS AND WILL GO TO FILL THE BUDGET DEFICIT" This article to me speaks volumes. They are going to finance the rebuilding of their cities and do it through bonds. WOW! ...by not borrowing from the IMF they have made a huge leap in managing their own monetary policy and this is exactly what the IMF needs to see...remember... they told us the ISX was now free of all international sanctions. This means they fully intend to go international with the ISX...I believe this is coming soon as we get closer to January 2022... ** BobTheTaxMan ** Cryptocurrencies are here to stay. There's no way around it. It is here to stay...the internet of things...if you haven't thought about or heard about it you're going to learn about it because it is the basis of everything in the future... getting yourself into the cryptocurrency world is just an absolute absolute...
    18 points
  27. Oh Dear Lord! This could be what we have been waiting for all these years! Central Bank of Iraq Law The Central Bank of Iraq Law was issued March 6, 2004. Its objectives are achieving domestic price stability, and promoting a competitive stable financial system. In meeting these objectives the Central Bank will support sustained growth and economic opportunities for the people of Iraq.. Law No. 94 of the year 20034 ????? Could it be: CPA/ORD? 19 September 2003/40 Order 94: Banking Law of 2004 2 Excerpts: Further recognizing the need to revise the Bank Law promulgated by CPA Order No. 40 of 19 September 2003 (CPA/ORD? 19 September 2003/40) to comprehensively address issues identified since its promulgation, Acting in a manner consistent with the Report of the Secretary General to the Security Council of July 17, 2003, concerning the need for the development of Iraq and its transition from a non-transparent centrally planned economy to a market economy characterized by sustainable economic growth through the establishment of a dynamic private sector, and the need to enact institutional and legal reforms to give it effect, https://en.wikisource.org/wiki/Order_94:_Banking_Law_of_2004
    18 points
  28. Yep. 800-BLUWOLF or 800-FRANK26 or 800-MTGOAT or 800-KAPERONI. And after dial the number, there are 4 options to press: press # 1 for 1:1 soon or press # 2 for $3 next week or press # 3 for $5 next month or press # 4 please wait while we are transferring you to the governor of the CBI.😁
    18 points
  29. Don’t get too excited until you hear them say the 800 numbers have been released and the Asian lady has ordered her ice cream. This looks like 6-7 bucks to me I’m
    17 points
  30. Breaking news: Hillarious bin-Sadr just chosen for PM job: 😂
    17 points
  31. After 18 years, a lively street in Baghdad awaits an important event next Saturday Time: 10/13/2021 23:53:04 Reading: 5,005 times {Local: Al Furat News} A lively street in the capital, Baghdad, awaits an important event next Saturday. After a closure that lasted for 18 years, i.e. since 2003, the shops of Al-Sina'a Street, opposite the University of Technology, are preparing to open their doors to resume their activities at night next Saturday until nine o'clock in the evening. The important event is an important step for the return of life to this street, which is the most important center for the trade of computers, electronic materials, technology and everything related to information technology in Iraq. The event will include many activities, the most important of which are the provision of free internet service along the street, with the distribution of gifts for each purchase invoice from many brands. It will also be implemented in 8 huge advertising arches adorning the street. The Mayor of Baghdad, Alaa Maan, opened on July 15th Al-Sina'a Street in its new look after completing its rehabilitation and development works within the Nahdat Baghdad project.
    17 points
  32. 17 points
  33. The leader of the Sadrist movement pledged that "from now on, the government or the parties will not have control over the money and bounties, but rather it is for the people, and the people's oil is for the people, and we will work to raise the level of the Iraqi dinar to be in the ranks of global currencies gradually."
    17 points
  34. The best news for Iraq in years.! Hang him high.! Go justice
    17 points
  35. Luigi found these articles of Dinarian interests... Treat as rumors. Not verified. Your opine. 0-5-2021 Intel Guru MarkZ: [via PDK] There has been a tremendous lack of news on the RV front. We are hearing there is movement in Iraq as far as paying contractors. Most of the contractor contacts I have spoken with, do not believe they will be allowed to spend it until the 15th. It does have a new rate…They specifically said they cannot tell me that rate...this is the first contact I have spoken with in Iraq in awhile…I have known this contractor for a long time. One of the best contacts out there… So, they have been paid at a new rate and they expect freedom of these funds on Oct. 15th. This is a great sign. Could it go before then? Absolutely. I am still hearing very positive things. 10-5-2021 Intel Guru Frank26: [Boot-on-the-ground Firefly TV report] FIREFLY: TV says today the Arab payment system has linked with the Islamic banking and now can interact with with payments...now Saleh is on TV talking about the need to lower the dollar exchange rate. Saying they have reached maximum efficient at current rate and to make projects work they need the exchange rate to favor a stronger dinar value. Saying Iraq must have plans in place and get this done. 10-5-2021 Intel Guru Frank26: [Boot-on-the-ground Firefly TV report continued] FRANK: All they are doing is preparing you...for the announcement of your new currency and your new exchange rate by injecting ideas into your mind into your daily lives that you are about to see a new monetary reform for your currency...What Saleh is trying to tell you is that you now have what is called in the financial world the REER!!! He is expressing to you that you need this true value for your currency in order for everything to work
    17 points
  36. Added @ 1:35 PM CDT: *** Sandy Ingram Article: "Iraq oil minister sees oil prices at $100 in early 2022" That's $100 per barrel...Iraq's minister of oil [had] said $100 a barrel for oil was unsustainable however now he reports that oil prices will be at $100 a barrel by early 2022. What changed his mind? Well thanks to the cartel, OPEC global inventories are at their lowest level. People, this increase in oil prices means prices will be increasing around the world...oil exports to America rise significantly. This is certainly good news for Iraq. Also bad for the US thanks to the corrupt Biden administration and their destructive policies and programs. We're at war for the soul of America - we need to stand up & fight .. RON
    16 points
  37. You got that right my brother Wiljor…. We are very close 🤞🏼💵💰🙏🏼😀 I’m in agreement with you DoD, my guess is the same as yours. Go Iraq Go international Go RV
    16 points
  38. The banking system continues moving towards an open market economy. Getting ready for international business.! Go CBI Go banking system Go development Go open market economy Go growth
    16 points
  39. Best two America first Presidents...Reagan then Trump. Have not liked not one President other than these two.
    16 points
  40. I don't know of any. But you know Iraq. Any reason to have a holiday, they will. This could be a good reason to celebrate, if they raise the value of their currency. That would be one holiday we could celebrate with them.
    16 points
  41. Oh no, not shrinkage!!!!!! Was the dollar in the pool.
    16 points
  42. 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. RON ** MilitiaMan ...The evidence is farily clear as I see it. This data with links supports that the digital transformation of the globe is underway and Iraq is clearly a part of the process...To be digitized is to be internationally accepted which will also require new smaller notes...There is also news out today that supports Iraq is acting like they are Article 8 compliant. So the expectations of a rate change soon is highly likely, imo... ** Kaperoni There is never going to be a significant overnight change in the value of the Iraqi dinar. If it does go up, it will go up gradually as a result of the success of Iraq's economy. This could take months or many more years...RV or RI. LOL. There is no such thing. There is no specific date. What amazes me is that an intelligent guy like Kaperoni can be so positive as to say NEVER about something he has absolutely no control over, or actual knowledge of internal CBI or GOI plans. It's like he totally disregarded so many of CBI Governor Shabibi's comments in the past, and Shabibi is the author of the plan. We know much has changed in Iraq, and we're aware of standard economic principles - BUT, we're dealing with Iraq, and very little has been normal or standard...I remember back in 2009-2010 that Kaperoni believed there would be an RV, and even took a poll on one of the forums he was a mod on...RON ** Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: News saying president Saleh on interview with CNN talking about how Iraq will be a stable force with full sovereignty in the Arab world saying with construction, new infrastructure Iraq will rebound as leader in region then CBI offering two new financial bonds today for investment…. FRANK26: Everybody knows what Iraq is about to do and when the United Nations bragged about Iraq being a leader in the Middle East last week it’s very encouraging now to see an American news outlet like CNN interviewing Saleh and saying that Iraq is about to become a leader in the middle east… saying that Iraq is a full sovereign country now well isn’t that amazing that everybody knows what we have been sharing since the beginning of this year…[NOTE: See CNN interview below... ** BobTheTaxMan I've sang this song many times - 6 attorneys, 6 CPA's, 6 financial planners. Talk to them. Ask them questions. Get their help. Now obviously if you go to them today they're gonna just kind of say, 'Yeah right. Uh-huh. Sure.' But as soon as this goes from pink to green - a whole new ball game. Take the time to talk to 6. Why would I say six? Two reasons. 1. It's going to make you slow down because when this thing pops there's going to be a lot of panic. There's going to be a lot of emotions coming out...a lot of fears. All those things are going to come out. (Post 1 of 2).. ** BobTheTaxMan If you have to go talk to 6 of these people it's going to slow things down for you and 2. After you have your first conversation with the first one you're going to find that your thinking is going to change because they've introduced something new to you to re-look at this whole situation. By the time you get through talking to 6 of them you're going to be able to talk their language. You're going to be able to understand what it is they're presenting...(Post 2 of 2) {Note: At the appropriate time consult your financial and tax professionals to create a unified strategy that's right for your unique circumstances.} ** MilitiaMan Once the IQD is cleared Internationally it will be fully Article 8 compliant with the IMF and International Standards. That will require a Real Effective Exchange Rate (REER). The Bonds for reconstruction to enhance the Private Sector to support Iraq away from just oil revenues will require it too. Imo. There is data that supports yesterday that the Bonds will trade on the ISX. It is my understanding that the ISX was closed yesterday and won't open until Monday, next. Regardless, there is an effort to trade bonds in the very short term that will require international exposure and standards to apply.
    16 points
  43. I'll believe it when it happens. Been waiting for sooooo long for this to happen..........🙄 Beginning to wonder if it ever will. BUT I am NOT selling my dinar.
    16 points
  44. They’re singing my song 🎶
    16 points
  45. practice their real work externally as of 10/17/2021 ?
    16 points
  46. $80 per barrel sure does put money in the economy for Iraq. Sure does seem like a great time to raise the value of the currency.
    16 points
  47. You lost me at 800#s
    16 points


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