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Yendor - these guys are investors in the IQD just like us. We can usually clearly identify the pumpers who want to be heroes. Discussing your opinion of circumstances and events isn't pumping. They may be a bit more active than we are in researching info, trying to make contacts, and whatever it takes - to have a better idea as to what is actually going on. Then they, like us, find a website that follows the IQD and communicate with like minded investors. Some do claim special contacts, but take everything with a grain of salt. I was a newshound for years, but got tired of researching and posting - to no avail. Iraq is Iraq, and we are involved in a speculative investment. The cycle is the same - hopeful info reported, only to be deflated by Iraq's actions or inaction. We continue to wait and hope. Meanwhile we keep reading what is out there in the IQD Community...hoping to be informed. Blessings .... RON

I found interesting the amount of articles talking about stopping the auctions and also the dinar exchange rate against the dollar. Where there’s smoke there’s 🔥 Go open market economy Go RV Go purchasing power

04-07-2020 05:47 PM The documents .. Sudanese demands the cabinet to stop the currency auction

I guess we have a GO

Know what you mean. Years ago we had no idea of what needed to be done before an RV was feasible and, therefore, believed all those we have now realized were pumpers. I do believe we are making progress, but we are not as naive as we once were.

Good Morning Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump... *** MilitiaMan Article: "Trebil port achieved more than 24 billion dinars in revenue last June" Quote: "What has been achieved from the increase in revenues as a result of the tightening of control and auditing procedures..." Here we go... They are getting the lead out... I like it. They have to at some point to literally go live with the market economy! This is an example they can! This is the confidence they need. Borrowing money to pay salaries in the way they imply is silly and not good business practice imo...

Mohammed Shia' Al Sudani Language Watch Edit Mohammed Shia' Sabbar al-Sudani (Arabic: محمد شياع السوداني‎) is an Iraqi politician was the Human Rights Minister of Iraq in the Council of Ministers of Prime Minister Nouri al-Maliki from 2010 until October 2014.[1][2] He was the Governor of Maysan Province between 2009 and 2010.[3] His Highness Mohammed Shia' Al_Sudani محمد شياع السوداني Mohammed Shia' al-Sudani in 2012 Human Rights Minister of Iraq In office 21 December 2010 – 18 October 2014 President Jalal Talabani Prime Minister Nouri al-Maliki Preceded by Wijdan Michael Salim Succeeded by Mohammed Mahdi al-Bayati Governor of Maysan Province In office 2009–2010 Preceded by Adil Mahwadar Radi Succeeded by Ali Dawai Lazem Personal details Born 1970 (age 49–50) Baghdad, Iraq Political party Islamic Dawa Party Alma mater University of Baghdad Profession Politician

Mohammed S. Al-Sudani is the big cheese from the Office of the Council of Representatives of the Republic of Iraq.

Could be the translation, but it looks like it's from the council of representatives from the Republic of Iraq

The Kurdistan Regional Government decided to continue discussions with Baghdad to reach a "guarantor agreement" Policy 2020-07-01 | 11:48 Source: Alsumaria news 2,317 views The Kurdistan Regional Government decided, on Wednesday, to continue discussions with the central government in Baghdad to reach a "guarantee agreement" between the two parties. He mentioned Kurdistan Regional Council of Ministers In a statement, Alsumaria News received a copy of it, that he "held his regular session headed by Prime Minister Masroor Barzani and with the participation of the Deputy Prime Minister Qubad Talabani, By videoconferencing with a video conferencing system. He added that "the Deputy Prime Minister presented at the beginning of the meeting a report on the results of the discussions held by the delegation of the territorial government with the federal government, and the proposals submitted to resolve the outstanding problems between the two sides, and in light of this, the cabinet decided to continue discussions with the federal government with a view to reaching an agreement that guarantees rights And constitutional dues for the territory Kurdistan". He explained the Council, that" the President of the Follow - up and Coordination Service and Secretary of the Supreme Committee for Reform, presented a report about the practical steps to implement the reform law , which came into force starting from the first of July today (July) 2020, in the mechanism under the special administrative instructions of law enforcement and presented by The Minister of Finance and Economy on June 29, 2020. " The Prime Minister stressed, according to the statement, that "reform includes all sectors as part of an ongoing process that represents a requirement for all citizens of a region Kurdistan, And mainly aims to establish justice and guarantee the rights of the real entitled to those receiving salaries. ” In another paragraph of the meeting, the Minister of Planning presented Dara Rasheed Draft system and legal framework for developing a public-private partnership (Public-Private Partnership) as well as proposals for private sector development, and after discussion and exchange of views, the Cabinet thanked him for The Ministry of Planning On its efforts in preparing the project and proposals, and decided to unanimously approve the proposals and the internal system to be the legal basis for the implementation of joint projects between the private and public sectors, in a manner that takes into account the provision of fair opportunities for competing companies and ultimately in the public interest of citizens, and is in accordance with global technical and economic standards, including It serves public service projects. After that, the Secretary of the Council of Ministers, Chairman of the committee in charge of reviewing the tax system, Amanj Rahim, presented a comprehensive report on the results of the study and review prepared by the committee to reorganize the tax system in the region, and included proposals and recommendations for the reform plan in the area of the immediate and long-term tax system.

I ask you, Dinar Vets family, are these updates starting to look like the "pumper" reports from years past? I would like to think that these are from reliable sources and that today's info is much different, but as all these windows keep opening and closing, I have to wonder..........

Good morning Yota, wishing you and all of DV a blessed day 🙏 Is this a request or a demand? If it’s a demand, they just placed another piece of the puzzle. Again, if it is a demand, when does the auctions become non existent?

The Integrity Committee opens the file of looted funds Political| 02:52 - 05/07/2020 Baghdad - Mawazine News , The Parliamentary Integrity Committee spoke, on Sunday, of the file of looted funds. Member of Parliamentary Integrity Committee Jawad Hamdan promised, "The visits of the Iraqi delegations to the countries of the world are an affirmation of the economic importance of Iraq and its pivotal role in the region and the world and promotes economic openness in its Arab and international surroundings." Hamdan pointed out that "Iraq’s important strategic location in the way of trade will contribute to restoring its economic role and strengthening its position among the countries of the region." the parties". Hamdan stressed "the importance of eliminating corruption and working seriously to recover the stolen money and laying down plans to recover this money." It is noteworthy that an Iraqi ministerial delegation arrived Friday to Beirut on an official visit that included the two oil ministers, Ihsan Abdul Jabbar and Agriculture Muhammad Al-Khafaji, to discuss issues of common concern, particularly the oil, health and tourism aspects, while there is an upcoming visit of a Lebanese ministerial delegation to Baghdad to complete the talks between the two parties. The final touches of the agreements that took place between the two sides in Beirut. Ended 29 / A 43

Good Afternoon Dinar Vets, here's several opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...! *** Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies. *** Footforward [I think most would be happy for a 1:1 rate.] It won't be. It's supposed to be higher. Reallyl, I wonder how he knows what it's "Supposed" to be...! RON *** Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure, but it definitely looks like there's something big going on, and the Iraqi dinar (believe it or not) is a big part of it..! GOD bless America...!

Five axes .. A new reform paper in front of Al-Kazemi Political| 10:40 - 07/05/2020 Baghdad - Mawazine News , The Services and Reconstruction Committee in the House of Representatives, Al-Hid, revealed its readiness to present a five-axis reform paper to Prime Minister Mustafa Al-Kazemi during the meeting that he will collect in the coming days. Member of the Committee Abbas Yaber Al-Atafi said, "During the meeting with the Prime Minister, during the coming days, the committee will discuss a number of axes that can contribute to tackling the financial crisis, which enables the state to exploit it without costing it any sums, in addition to investing in external roads, housing and distributing parts The lands between the citizens, the discontinued hospitals in Baghdad and the provinces, and 3,000 schools have stopped since 2012 after they were transferred to be completed in a pre-fabricated manner. And that "these axes will be presented as part of a reform paper prepared earlier to end all these files and advance the reality of services." Ended 29 / A 43

MilitiaMan’s Comments On The Article Above ... "while he made clear that everyone wants to find solutions." So they are still hard at it. Don't forget the USA and UK have been asked to participate in the dialogue... The communication is on going and there is a question of will.. If the two parties have the will to be fair, then they can move along and set the mechanisms in place to resolve the outstanding issues of budgets, salaries, etc.. The mechanism is in effect the rate at which they get paid.. imo.. Keep in mind they said they are paying salaries in the Kurdistan Region and only thus far, they are to pay them apparently in-stages through the 15th. But, have they actually started like they suggest? They clearly suggest that the mechanisms are not yet reached.. But, if there is will, then there is hope.. The will may be to save their skin and their bank accounts!! They have been at this dialogue, this time for many days on end it seems. The pressure is on. Will they push this out for months on end? Typically, when the Kurds get their feel(ings) hurt they high tail it home.. They have not done so.. Another pattern change.. This time the leverage that the new PM has on them , whereby caught stealing or selling oil to Israel and keeping the proceeds unbeknown to the Fed Gov until now, has them backed into a corner.. The PM has them outed. The citizens of all of Iraq now know the story too. imo.. Kind of hard to argue about it when they get caught red handed. All the years that there has been graft and at the suffering of the citizens.. I'll bet the will of the Kurds to get this done and behind them now is better, now the ever.. imo.. We shall see.. - MM - MilitiaMan

Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Frank26 ...whenever the value goes up are you gonna call every Tom, **** and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself. Until then...we wait..! *** Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.***

Just imagine when they move to an open market economy..... Investment will flood the country.! Go iraq Go sovereignty Go open market economy Go investment

one would think its definitely a part of economic reform to stop them , shabibi began them (auctions as a tool for controlling inflation ) imo not as a non ending program maliki ran him off then used the auctions for corruption , the cbi does generate a few bucks off of every dollar sold then as we all have seen years ago counterfeit dinar was allowed to be exchanged to gain USD and on and on .... shabbs never got to finish the Plan and now iraq sits wondering why they r in the situation they find itself in , still begging for assistance with some of the most plentiful useful natural resources in the world to be had , go figure we wait

Thanks, Ron. I know what you mean, but with some of these gurus, it is like when someone in Iraq's governing position sneezes differently, it is a signal that xyz is about to happen. Just the same, I look forward to your posts and hopeful we get to that window and it stays open. Keep diligent oh faithful warrior. I have many two cents left.

Somebody just sent this to me. I think it's priceless! Hopefully, hasn't been posted before. I am done with your bullshit

Pres Trump certainly wants this done before PM Kazzemi meets him in Washington

Great find. It won’t be long now.

Al-Nusairi invites the Prime Minister to meet with private banks and address obstacles to their contribution to overcoming the economic crisis Economic and banking advisor to the Iraqi Private Banking Association, Samir al-Nassiri Banks The Economy News - Baghdad The Economic and Banking Adviser to the Association of Iraqi Private Banks, Samir al-Nassiri, called on Sunday, the Prime Minister to meet with Iraqi private banks similar to his meeting with Iraqi businessmen for the purpose of discussing the obstacles to their work and their contribution to overcoming the economic crisis because without a sound and sound banking sector, no sound national economy can be built. Al-Nusairi said in an interview with "Al-Iqtisad News", that "Prime Minister Mustafa Al-Kazemi and the emergency cell for financial reform do not hide the complicated economic conditions and repercussions of the spread of Corona virus, political disputes and conflicts by the political parties and blocs that led to great harm to the national economy and stalled the economic cycle and economic stagnation Added to this are the accumulations and repercussions in the absence of a clear economic approach to previous governments, foggyness, and confusion of vision for real economic reform.And since the banking sector is the main link in the economic process, the current conditions have contributed to stopping the banking activity, especially the private banking activity since the outbreak of the demonstrations in October 2019, and so far, which has had clear effects on the lack of liquidity, low deposits, credit, loans and banking facilities due to the stop of working hours. During the comprehensive roaming ban for more than 30 days and reducing the permanence and banking activity during the partial curfew, which led to a significant decrease in revenues, despite the many measures taken by the Central Bank in providing several facilities package for banks, including enhancing its liquidity by reducing the percentage of the legal reserve, postponing loan installments, stopping and postponing the imposed fines On the banks. "According to the analysis of official data and statistics, the structure of the Iraqi banking sector consists of 7 government banks that hold 86% of all government and public deposits and 78% of all assets and private banks constitute 70 commercial and Islamic banks and invest 78% of the capital of the Iraqi banking sector and did not get Only on 13% of the total annual profits achieved at the total level and that the goals set for the banking sector in all government programs of previous governments are focused on achieving them is lending for development and considering banks as a lever for development and restoring confidence with the public and achieving financial inclusion in the sense of expansion and spread by providing banking products and services and practicing Real banking and digital transformation of the banking sector. The financial and banking advisor explained, "Through an analytical view of the reality of the Iraqi economy and the challenges facing the financial and monetary policies, in particular, stimulating and revitalizing the economy by bank financing and banking facilities, the above challenges stand in front of its implementation at the present time despite the great efforts made by the Central Bank since 2016 to implement its strategic goals for years ( 2016-2020) which achieved such goals task and key notably developments structural and structural and technical in banks and increase the proportion of comprehensive financial and investment in Ras capital human and walk pace actively towards stability In the monetary system and achieving stability in the exchange rate since 2018 and still remains, however, private banks are in urgent and urgent need of government support by studying their problems in the current circumstance in the emergency cell for financial reform formed in the cabinet for the purpose of saving some private banks from collapse. Al-Nassiri suggested the following: First-that the nature of the activities of banks depends on the nature of the activities of the sectors of economic , and as long as the activity of economic is concentrated in the trade (imports) remains the activity of banks concentrated on the conversion external and associated so ..lma unless moving sectors other (industry, agriculture, tourism and others) do not expect the diversity of activity The banker. It is worth noting that without controlling imports, these sectors will not rise, which explains the lack of progress on serious loans through the Central Bank initiative to finance small and medium projects. Secondly , the legal environment must be provided and the rule of law should be established in order to eliminate the phenomenon of defaulting in the repayment of loans, as bad debts amounted to (5 trillion dinars) up to 30 June 2020, and they constitute a large percentage of the total credit granted and thus banks are reluctant to provide loans and facilities. Banking. Therefore, we see that the decisions of the Council of Ministers and the Economic Affairs Committee of the Council of Ministers that were previously issued to support the banking sector, especially private banks, are not activated. It led to obstructing the activities and activities of private banks and greatly affected their liquidity, revenues, and deposits for that. For the purpose of overcoming the banks crisis, in a way that ensures banks ’transition from the role of banking to the developmental role and revitalizing banking work in the current circumstance, it requires the government, in particular the esteemed cabinet and the emergency cell, to activate the decisions previously issued by The Council of Ministers and the Economic Affairs Committee, which are as documented with the following numbers and dates. Third-activate all the decisions of the Committee Affairs Economic special support banks , special and in particular Mayati: - 1 ‐ The Ministry of Finance changed its decision not to accept it to open bank accounts for ministries and state departments in private banks and restrict them to government banks according to its letter 207 dated 31/1/2019 2 ‐ Activate the decision to allow ministries and government departments to open documentary credits in private banks up to $ 50 million without going through the Ministry of Finance and the Iraqi Trade Bank. 3-activating Resolution Council of Ministers No. 110 of 2009 and the decision of the Committee on Economic Affairs on 2012 141/2/20 concerning the conversion of government documentary banking up to 30 credits million dollars to private banks through the Trade Bank of Iraq. 4-activating the decision of the Committee on Affairs of Economic No. 253 of the year 2015. Regarding the acceptance of sukuk certified by private banks to pay insurance, customs fees and taxes. Fourth-activating decision Council of Ministers No. 378 of the year 2018 and the special levy fees of government in the departments of State of through payment mail. Fifthly: Activating the Financial Services Court formed in accordance with the Central Bank Law 56 of 2004, and the Court may refer cases that require referral to the competent courts in accordance with the applicable penal law. VI consider claims of debt distressed owed by customers in the banks own lawsuits urgent debts excellent like government debt. VII . Add to Mai PEOPLE by Bank Central of efforts requires the government is also working to provide conditions and take measures to help banks own to obtain the classification of credit approved internationally and thus enhance relations banking international with correspondent banks. Eighth - The Ministry of Finance compensated for the damage in the cash and fixed assets lost by the branches of private banks, which amounted to (37) branches in the governorates occupied by ISIS in 2014 and is documented with the Central Bank of Iraq. IX-activating the decisions of the Council of Ministers No. 313 of 2016 and No. 218 of 2017 and private employees ' salaries and settling demand from government departments to settle their salaries according to their desire and directing them not to settle salaries in government banks exclusively. Number of views 54 Date added 07/07/2020

BLAH! BLAH! BLAH! BLAH! BLAH!

For The First Time In 50 Years ... Iraq Wins An International Position On July 5, 2020 (Independent) ... The Ministry of Education announced that Iraq had won the position of Director of the Department of Science and Scientific Research at the International Science and Culture Organization "ALEXO" for the first time in 50 years. In a statement, she said that the Minister of Education, Chairman of the National Committee for Education, Culture and Science in Iraq, Ali Hamid Mekhlef congratulated all intellectuals and academics on the victory of Iraq in the position of Director of the Department of Science and Scientific Research in ALEXO, which he had not obtained in 50 years. He added that, "after strenuous efforts made by the Iraqi National Commission for Education, Culture and Science for two consecutive years, the fourth day of July culminated in the approval by ALEXO of this victory in its 113th session, which was held remotely after intense competition between seven Arab countries." The Arab Organization for Education, Culture and Science (ALECSO) is a specialized organization, based in Tunisia, working within the framework of the League of Arab States and mainly concerned with the advancement of Arab culture by developing the fields of education, culture and science at the regional and national levels and coordination between them among the Arab member states. The organization was established under Article III of the Arab Cultural Unity Charter and it was officially announced that it was in Cairo on July 25, 1970. (end)

Few days old... Tehran calls the international community to hold America accountable Thursday 02 July 2020 123 Tehran / agencies Iranian Foreign Minister Mohammad Javad Zarif called on the international community to hold Washington accountable for its unilateral withdrawal from the nuclear agreement and to compensate his country for the damage resulting from its "illegal" move. "The international community should have been for some time to make the United States bear the responsibility for the consequences of its wrongful actions and make it fully compensate Iran for the damage it has caused to its people," Zarif said during a briefing to the UN Security Council on the Iranian nuclear deal held on Tuesday evening. He stressed that "the unilateral and illegal withdrawal of the United States from the JCPOA and the reimposition of its sanctions imply that the United States bears responsibility under Security Council Resolution 2231 and the Charter of the United Nations and the law." International ». Zarif called on the countries of the world not to bow to Washington's attempts to persuade it to extend the arms embargo imposed on Iran, which expires on October 18, 2020, noting that "the timetable specifying the lifting of arms restrictions is fixed in UN Security Council Resolution 2231, which is an indivisible part. From the compromise reached with a difficult effort and allowed the conclusion of the nuclear deal. The decision includes a clear call for its full implementation at the appointed time and therefore, any attempt to change or amend the agreed schedule is tantamount to undermining the decision as a whole. Zarif attacked the United States by saying, "In recent years we have witnessed how the work of international organizations and international cooperation have become vulnerable to attacks as a result of the United States deliberately adopting a pernicious approach", accusing Washington of undermining international peace and security "through its parallel efforts to replace international law with its laws." Local ».

Good Afternoon Dinar Vets, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Footforward [Q? : Do you feel we are within days] ..absolutely I do. If only he was right for a change - it would be great for everyone. Now, here comes the disclaimer....I don't know how many days yet. But yes. The word is in motion. The word of an increase in value has been in motion for well over 10 years...LOL..!! RON *** Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency... And the Beat Goes On...! Have a great Sunday everyone ... RON

The Prime Minister stressed, according to the statement, that "reform includes all sectors as part of an ongoing process that represents a requirement for all citizens of a region Kurdistan, And mainly aims to establish justice and guarantee the rights of the real entitled to those receiving salaries. ”

Al-Sudani reviews economic solutions to the financial crisis Sunday 05 July 2020 https://alsabaah.iq/27334 Baghdad / Al-Sabah Independent MP Mohamed Shaya Al-Sudani called on the government to take a number of urgent measures to enable it to fulfill its obligations to employees, retirees and social welfare, as well as address the ration card and crisis cell benefits in relation to confronting the Corona virus. Al-Sudani stressed that "the important part of the economic reforms is to collect customs tariff fees and protect the product, while controlling the window of currency sales in the central bank," asking about the destination of these funds, and what imports could come to Iraq amid the economic downturn that the region is going through? He pointed out the importance of "the existence of tax and customs deductions before the exchange of the dollar, to ensure obtaining the right of the state, it is not possible to sell the dollar without revenues to the state treasury and without withholding fees and taxes." Import and production Al-Sudani pointed out that "there is another economic perspective, which is we have confirmed the inability of the agricultural and industrial private sector to advance in light of the entry of imports, with the absence of full control over the ports, the non-application of standards for standardization and quality control of incoming goods and leniency in the collection of taxes and fees on them." That "the prices of imported goods and products will crowd out the national product and all this requires reform steps to maximize revenue." Al-Sudani noted the need to "pay attention to the returns of derivatives and extracted crude oil, which will provide large amounts of money, and in light of the current financial conditions, these funds, which amount to 8 trillion dinars, must be invested by setting 10% of the cost of extraction and $ 8 for liquidation and up to 5% for distribution, can be provided from Without raising the price of fuel for the citizen. " He explained that "revenues are available and were not directed to the citizen, and it can provide quick revenues in addition to reducing the salaries of the three presidencies from ministers and representatives and special degrees and stopping the disbursement of allocations granted outside the laws." Corporate debt Al-Sudani continued, “There are judicial orders against mobile phone companies to pay about a trillion dinars and it is assumed that these measures are implemented to collect these funds in a way that increases the state’s treasury imports. Recent directions of the government regarding the rationalization of spending. " Al-Sudani warned of the need to adopt "effective and real steps on encouraging the agricultural and industrial sectors by placing the import curriculum at the table of government producers from companies of the Ministry of Industry as well as private and mixed sector companies and identifying the goods that can be produced so that the government can issue a decision to prevent their import, as well as review the agricultural calendar including It guarantees the preservation of local agricultural products, avoids the damage of farmers, closes the ports and controls them completely. " Central loans Al-Sudani stressed "the importance of activating the steps of the Central Bank in granting loans to agricultural, industrial and residential banks, as well as lending to young people looking for work, while loosening the terms of the loans and defining them with the project guarantee." He believed that "internal borrowing will secure the salaries of employees. As for the external determined at five billion dollars, it should be invested to complete development projects, including projects for investing burned gas and developing the Basra gas project with the company (Shell), which contributes to providing what the power stations need instead of buying Iranian gas in amounts It exhausts the budget, which provides other imports for the budget, and there are projects related to petrochemicals and fertilizers that can generate huge funds on the state treasury, as well as its benefits to society by pushing the wheel of economic development. Stressing that "directing loans to these projects will put the reform process in the direction Prope

Al-Nusairi invites the Prime Minister to meet with private banks and address obstacles to their contribution to overcoming the economic crisis Economic and banking advisor to the Iraqi Private Banking Association, Samir al-Nassiri http://economy-news.net/content.php?id=20933 The Economy News - Baghdad The Economic and Banking Adviser to the Association of Iraqi Private Banks, Samir al-Nassiri, called on Sunday, the Prime Minister to meet with Iraqi private banks similar to his meeting with Iraqi businessmen for the purpose of discussing the obstacles of their work and their contribution to overcoming the economic crisis because without a solid and sound banking sector it is not possible to build a sound national economy. Al-Nusairi said in an interview with "Al-Iqtisad News", that "Prime Minister Mustafa Al-Kazemi and the emergency cell for financial reform do not hide the complicated economic conditions and repercussions of the spread of Corona virus, political disputes and conflicts by the political parties and blocs that led to great harm to the national economy and stalled the economic cycle and economic stagnation Added to this are the accumulations and repercussions in the absence of a clear economic approach to previous governments, foggyness, and confusion of vision for real economic reform.And since the banking sector is the main link in the economic process, the current conditions have contributed to stopping the banking activity, especially the private banking activity since the outbreak of the demonstrations in October 2019, and so far, which has had clear effects on the lack of liquidity, low deposits, credit, loans and banking facilities due to the stop of working hours. During the comprehensive roaming ban for more than 30 days and reducing the permanence and banking activity during the partial curfew, which led to a significant decrease in revenues, despite the many measures taken by the Central Bank in providing several facilities package to banks, including enhancing its liquidity by reducing the percentage of legal reserve, postponing loan installments, stopping and postponing imposed fines On the banks. "According to the analysis of official data and statistics, the structure of the Iraqi banking sector consists of 7 government banks that hold 86% of all government and public deposits and 78% of all assets and private banks constitute 70 commercial and Islamic banks and invest 78% of the capital of the Iraqi banking sector and did not happen Only on 13% of the total annual profits achieved at the total level and that the goals set for the banking sector in all government programs of previous governments are focused on achieving them is lending for development and considering banks as a lever for development and restoring confidence with the public and achieving financial inclusion in the sense of expansion and spread by providing banking products and services and practicing Real banking and digital transformation of the banking sector. The financial and banking advisor explained, "Through an analytical view of the reality of the Iraqi economy and the challenges facing the financial and monetary policies, in particular the stimulation and revitalization of the economy by bank financing and banking facilities, the above challenges stand in front of its implementation at the present time despite the great efforts made by the Central Bank since 2016 to implement its strategic objectives for years ( 2016-2020), which achieved such goals task and key notably developments structural and structural and technical in banks and increase the proportion of comprehensive financial and investment in Ras capital human and walk pace actively towards stability In the monetary system and achieving stability in the exchange rate since 2018 and still remains, however, private banks are in urgent and urgent need of government support by studying their problems in the current circumstance in the emergency cell for financial reform formed in the cabinet for the purpose of saving some private banks from collapse. Al-Nassiri suggested the following: First: The nature of banking activities depends on the nature of the activities of the economic sectors . and as long as the activity of economic is concentrated in the trade (imports) remains the activity of banks concentrated on the conversion external and associated so ..lma unless moving sectors other (industry, agriculture, tourism and others) do not expect the diversity of activity The banker. It is worth noting that without controlling imports, these sectors will not rise, which explains the lack of progress on serious loans through the Central Bank initiative to finance small and medium projects. Second , the legal environment must be provided and the rule of law should be extended in order to eliminate the phenomenon of defaulting in the repayment of loans, as bad debts amounted to (5 trillion dinars) up to 30 June 2020, and they constitute a large percentage of the total credit granted, and thus banks are reluctant to provide loans and facilities. Banking. Therefore, we see that the decisions of the Council of Ministers and the Economic Affairs Committee of the Council of Ministers that were previously issued to support the banking sector, especially private banks, are not activated. It led to obstructing the activities and activities of private banks and greatly affected their liquidity, revenues, and deposits for that, and for the purpose of overcoming the banks crisis, in a way that ensures banks moving from the role of banking to the developmental role and revitalizing banking work in the current circumstance requires the government, in particular the esteemed cabinet and the emergency cell, to activate the decisions previously issued The Council of Ministers and the Economic Affairs Committee, which are as documented with the following numbers and dates. Third-activate all the decisions of the Committee Affairs Economic special support banks , special and in particular Mayati: - 1 ‐ The establishment of a ministry Finance changed its decision not to accept it to open bank accounts for ministries and state departments in private banks and restrict them to government banks according to its letter 207 dated 31/1/2019 2 ‐ Activate the decision to allow ministries and government departments to open documentary credits in private banks up to $ 50 million without going through the Ministry of Finance and the Iraqi Trade Bank. 3-activating Resolution Council of Ministers No. 110 of 2009 and the decision of the Committee on Economic Affairs on 2012 141/2/20 concerning the conversion of government documentary banking up to 30 credits million dollars to private banks through the Trade Bank of Iraq. 4-activating the decision of the Committee on Affairs of Economic No. 253 of the year 2015. Regarding the acceptance of sukuk certified by private banks to pay insurance, customs fees and taxes. Fourth-activating decision Council of Ministers No. 378 of the year 2018 and the special levy fees of government in the departments of State of through payment mail. Fifthly: Activating the Financial Services Court formed in accordance with the Central Bank Law 56 of 2004, and the Court may refer cases that require referral to the competent courts in accordance with the applicable penal law. Sixthly- consider claims of debt distressed owed by customers in the banks own lawsuits urgent debts excellent like government debt. VII . Add to Mai PEOPLE by Bank Central of efforts it requires the government is also working to provide conditions and take measures to help banks own to obtain the classification of credit approved internationally and thus enhance relations banking international with correspondent banks. Eighth - The Ministry of Finance compensated for the damage in the cash and fixed assets lost by the branches of private banks, which amounted to (37) branches in the governorates occupied by ISIS in 2014 and is documented with the Central Bank of Iraq. IX-activating the decisions of the Council of Ministers No. 313 of 2016 and No. 218 of 2017 and private employees ' salaries and settling demand from government departments to settle their salaries according to their desire and directing them not to settle salaries in government banks exclusively. Number of views 103 Date added 07/07/2020

There will be no rv until the crooked auctions are over .

Keep that HCL train rolling along 💰

Wtf - Who Are U ? And What Have U Done With Navira ?

Comments By MilitiaMan On The Article Above ... Borrowing money from others to pay salaries is not a good solution. The Finance Committee knows this.. Al Nassery knows this, Salih knows this. Raising the value of the currency at this stage, is imo the main thing they need. They told us the best solution is to do just that, raise the value and get into the secondary markets where they can borrow from themselves based off the liquidity that comes from the value associated with a new international rate. They could possibly be brought into the IMFs SDR basket which the WB and IMF has suggested the time is now to allow additional currencies into the basket. Many meetings have been said to have taken place and with the leak out (noted above), suggesting there were more meetings on the matter. Can't have a leak if there wasn't a meeting. Keep in mind they say they have the money to pay salaries, yet they haven't. I recall that the delays in payments of salaries started when the Kurds were at the table and to date there are only scattered payments to the Kurds, if even true.. The patterns that have changed are off the charts, imo. They delayed the taxes and tariffs at the borders too. Why? It is a massive source of untapped income that will facilitate the main goal, and that is to go to a market economy!! Don't forget the energy lost in the liquid natural gas too. There are way to many areas that revenues can be derived from to cover salaries.. Just look at the amount of money stolen and is on the books to be clawed back. They could easily bridge the gap by doing what the road map and white papers suggest. So I am not buying the news just yet, that they borrowed in the way they suggest did, or they would have paid everyone by now. They were late on the 30th / 1st. It is now the 4th... Something is up.. imo.. ~ MM - MilitiaMan

The list of bigtime companies that are in Iraq is huge . Here's a partial list of these companies . BP ,Exxon , Lukoil , ITT , Lockheed Martin , Samsung , DynCorp . Halliburton , Raytheon , General Dynamics , Asiacell Boeing , Microsoft , Novartis , Siemans , and the list goes on ..

Association of Private Banks: The capital of banks operating in Iraq amounted to more than 15 trillion dinars Executive director of the Iraqi Private Banking Association Ali Tariq. "Economy News" money and business The Economy News - Baghdad The Iraqi Private Banking Association revealed, on Sunday, the size of the Iraqi banking sector, as the capital of banks operating inside the country reached more than 15 trillion dinars. The executive director of the Association of Iraqi Private Banks, Ali Tariq, said that the Association of Banks provides to all media and researchers financial information for the banking sector that explains its size and impact in Iraq during the year 2019, noting that "the data prepared by the central bank indicates an increase in the capital of the banking sector to More than 15 trillion dinars. " He noted that "the banking sector has witnessed a great development during the past years, and was able to increase the volume of lending and deposits in banks, which will positively affect the Iraqi economy, especially after the central bank reduced interest on small and medium enterprises." Tariq stressed that "the capital of Iraqi banks amounted to more than 15.3 trillion dinars until 2019, divided into 3.3 trillion dinars, the capital of government banks, while the capital of private banks amounted to 12 trillion dinars," noting that "deposits in the banking system amounted to 82.1 trillion dinars, of which 71.38 trillion Dinars in government banks, while in private banks amounted to 10.72 trillion dinars. Tariq pointed out that "cash credit amounted to 42 trillion dinars divided into 34.2 trillion dinars provided by government banks and 7.8 trillion dinars provided by private banks, while pledge credit amounted to 25.2 trillion dinars divided into 17.2 trillion dinars from government banks and 8 trillion dinars from Private banks. " He stressed that "bad debts amounted to 4.1 trillion dinars divided into 2.37 trillion dinars in government banks and 1.77 trillion in private banks, and this default is due to the lack of commitment of borrowers to pay back borrowing money," explaining that "the profits of banks during the past year amounted to 1090 billion dinars divided To 956 billion dinars for government banks and 134 billion dinars for private banks. " Number of views 37 Date added 05/07/2020

Come on Jake.....So what you wearing Jake...Khakis!! Hope everyone had a Great 4th of July....

Thanks Chuck - you as well...! RON ...LOL..! Love it Pitcher ... Thanks ... RON

There goes Kap, always selling the Lop story. Iraq isn’t going to chop its Currency. That would be too painful.

Here's another

The list of “bigtime” companies have the financial wherewithal and staying power to wait out any governmental uncertainty. That’s why they are “bigtime” they have been around for years and can smell an opportunity long before the rest 😉 And, as Laid Back has stated, once moved to an open market economy, the flood gates will open, the rest of the world will join In on the band wagon to prosperity. It’s just a matter of time, clean the corruption as best as possible, get HCL passed, and perhaps we could be looking at the RV, and, Iraq can move on to be competitive in the global arena. All those resources, but at the end of the day, in the hands of corruption. I must also say that things seem to be moving much quicker with this new president, we patiently wait....

Bump

Well I haven’t been buying shares and compounding reinvesting to buy a house mate! It’s calked property development and if all goes well I might very well have that penthouse overlooking Basra! It’s the future of investment getting in on the ground floor. It’s amazing how you have brief encounters with people during the dinar journey and they can change and introduce you to a whole level of investing. It’s why I have my own brokerage account and company so I can position myself for the new Iraq. For me it was always about building a property portfolio and property development and my brokerage account and share portfolio and relationship with my banks are a big part of it. Buffet and Sorros all became billionaires after they turned 50 so having hit that milestone I have positioned myself nicely.

New World Bank country classifications by income level: 2020-2021 UMAR SERAJUDDIN NADA HAMADEH |JULY 01, 2020 Updated country income classifications are available here. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries. The classifications are updated each year on July 1 and are based on GNI per capita in current USD (using the Atlas method exchange rates) of the previous year (i.e. 2019 in this case). The classifications change for two reasons: In each country, factors such as economic growth, inflation, exchange rates, and population growth influence GNI per capita. Revisions to national accounts methods and data can also influence GNI per capita. The updated data on GNI per capita data for 2019 can be accessed here. To keep the income classification thresholds fixed in real terms, they are adjusted annually for inflation. The Special Drawing Rights (SDR) deflator is used which is a weighted average of the GDP deflators of China, Japan, the United Kingdom, the United States, and the Euro Area. This year, the thresholds have moved up in line with this inflation measure. The new thresholds (to be compared with GNI per capita in current USD, Atlas method) are as follows. Changes in classifications The table below lists the ten economies that are moving to a different category. It is important to emphasize that the World Bank’s income classifications use the GNI of the previous year (2019 in this case). Thus, the GNI numbers that are used for this year’s classification do not yet reflect the impact of COVID-19. National accounts revisions have played a significant role in the upward revision for Benin, Nauru and Tanzania. For Sudan, the GNI series for 2009-2018 has been revised as a result of revisions to the exchange rates. The 2018 GNI per capita figure has been revised down to $840 from the previously published figure of $1,560 (which is listed in the table). Algeria, Indonesia, Mauritius, Nepal, Sri Lanka and Romania were very close to the respective thresholds last year. More information More detailed information on how the World Bank classifies countries is available here. The country and lending groups page provides a complete list of economies classified by income, region, and lending status and links to previous years’ classifications. The lending groups (IDA, Blend, IBRD) have also been updated. The classification tables include all World Bank members, plus all other economies with populations of more than 30,000. The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. Data for GNI, GNI per capita, GDP, GDP PPP, and Population for 2019 are now available on the World Bank's Open Data Catalog. Note that these are preliminary estimates and may be revised. For more information, please contact us at data@worldbank.org.

MIDDLE EAST AND NORTH AFRICA [21] Algeria Jordan Qatar Bahrain Kuwait Saudi Arabia Djibouti Lebanon Syrian Arab Republic Egypt, Arab Rep. Libya Tunisia Iran, Islamic Rep. Malta United Arab Emirates Iraq Morocco West Bank and Gaza Israel Oman Yemen, Rep. UPPER-MIDDLE-INCOME ECONOMIES ($4,046 TO $12,535) [56] Albania Fiji Montenegro American Samoa Gabon Namibia Argentina Georgia North Macedonia Armenia Grenada Paraguay Azerbaijan Guatemala Peru Belarus Guyana Russian Federation Belize Indonesia Samoa Bosnia and Herzegovina Iran, Islamic Rep. Serbia Botswana Iraq South Africa Brazil Jamaica St. Lucia Bulgaria Jordan St. Vincent and the Grenadines China Kazakhstan Suriname Colombia Kosovo Thailand Costa Rica Lebanon Tonga Cuba Libya Turkey Dominica Malaysia Turkmenistan Dominican Republic Maldives Tuvalu Equatorial Guinea Marshall Islands Venezuela, RB Ecuador Mexico IBRD [70] Albania Eswatini Panama Algeria Gabon Paraguay Angola Georgia Peru Antigua and Barbuda Guatemala Philippines Argentina India Poland Armenia Indonesia Romania Azerbaijan Iran, Islamic Rep. Russian Federation Belarus Iraq Serbia Belize Jamaica Seychelles Bolivia Jordan South Africa Bosnia and Herzegovina Kazakhstan Sri Lanka Botswana Lebanon St. Kitts and Nevis Brazil Libya Suriname Bulgaria Malaysia Thailand Chile Mauritius Trinidad and Tobago China Mexico Tunisia Colombia Moldova Turkey Costa Rica Mongolia Turkmenistan Croatia Montenegro Ukraine Dominican Republic Morocco Uruguay Ecuador Namibia Venezuela, RB Egypt, Arab Rep. Nauru Vietnam El Salvador North Macedonia Equatorial Guinea Palau

I had to join you, eye still hurt, plus a WTF. Guy must be BLM. Looks to have an Ankle monitor. But this must be Cali as he is in Beach Arrest vs House Arrest.

Right there with you LGD. Hard to support a group that is actively killing, beating, burning, and supporting Atifia /BLM. Like I said earlier. I waiting for the green light to engage. I live about 5 miles from some of these crazies and with two grand kids - 5 months and 3 year old I am getting real tired of being on the Defense.