Laid Back

I see PROGRESS >>> Go Iraq 🇮🇶 Go sovereignty Go Stronger Dinar

Jeff, How much is the Patreon? 😂😂😂

“most likely, in mid-April” Go Iraq 🇮🇶 you can do it. Go stronger Dinar Go former glory

“Since the beginning of the contract in Baghdad (July 2017) and Basra (June 2018), Iran has exported around 52 billion cubic meters of gas worth $15 billion to Iraq." $15 billion dollars equals 19.6 trillion Dinars. That’s a lot of Dinars.! We know the US placed economic sanctions on Iran. How Iraq will pay Iran, US Dollars or Iraqi Dinar?

Security and Stability are necessary to increase the Dinar exchange rate. Go Security Go Stability Go Stronger Dinar

How Iraq will pay Iran for the natural gas, in US dollars or Iraqi Dinar?

“Electric Power Company (NEPCO), Amjad Al-Rawashdeh, said on Thursday that the Jordanian-Iraqi electrical interconnection line will go into operation on Saturday.” Good news for the Iraqi people I see progress. Go Iraq 🇮🇶 Go electricity Go A/C

“Head of the Iraqi parliament’s finance committee, told Iraqi state media that the budget bill 2023 sets the minimum nominal wage at 425,000 dinars ($324) adding that lower grade salaries will increase by 150 percent according to the new scale.” Raising the price of gas without increasing purchasing power could ignite massive protests. Just my opinion Go Stronger dinar Go purchasing power

Honestly, I believe Al-Sudani has accomplished a lot. Al-Abadi is just showing his support to Al-Sudani. “I am in favor of granting Prime Minister Muhammad Shiaa al-Sudani a second term” Go Al-Sudani Go Reforms Go Stronger dinar

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I’m of the opinion that the salary scale among employees has to be in place before an increase in value of the IQD. Go SC Go RV Go PP

“Islamic State still a threat in Iraq, US ambassador says” Good reason for US military personnel to stay in Iraq.

“The General Authority of Customs announced the completion of nearly 10,000 containers within a week according to the Customs Automation and Modernization System (ASYCUDA), which it began implementing in the Grand Welcome Yard in Umm Qasr Port in Basra Governorate.” 10,000 containers a week just in the Qasr Port. Just imagine the amount of Containers and trade when the Al-Faw port is done. “It confirmed that it is continuing to implement this system in all its customs centers and that all goods and commodities imported into Iraq will pass through ASYCUDA soon. This will be significantly reflected in the imports it receives and will provide double revenues that will supply the state’s public treasury” Go WTO Go Trade Go imports-Exports Go free market economy

Look like a percentage of the Iraq citizens are not willing to deposit the chunky money in the banking system. We know the CBI has been trying for many years different ways to bring in the chunky money. 93 trillion IQD "the window for selling the currency will gradually end during the year 2024, and the same will be the case for the electronic platform” All the above makes me believe, we are close to see the deletion of the 000 as the only way to collect the 93 trillion IQD. Go delete of the 000 Go LD’s notes Go end of currency window Go stronger Dinar

“before the middle of the current year, there will no longer be a government institution that receives final cash, leading to the legal adaptation of electronic payment” This is the connection I see……. My humble opinion. For citizens to be able to pay electronically, they need to bring the chunky cash, open a bank account and receive an electronic card. They have to do it ASAP to able to pay for Gas, services, shopping, etc. This means the CBI and the banking system are going to collect a BIG amount of the chunky money (The 000 notes). Then when the CBI has collected a Big percentage of the 000 notes, they will go ahead with the delete of 000 project. “The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity.” “the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase thevalue of the Iraqi dinar.” Go Delete of 000 Go Stronger Dinar Go purchasing power

Of course they will need LD’s. The most advanced economies in the world still uses cash. For example the USA is an electronic society and still uses cash, the same with Europe. There’s not a country in the world that doesn’t use cash. Go delete of 000 Go LD’s notes Go stronger dinar Go purchasing power

“by the middle of this year, the government collection rate will become 100 percent electronic” “things are going well and accelerating, and the year 2024 will actually be (the year of electronic payment)” I think that this goes hand to hand with the delete of the 000 and the rollout of LD’s Notes. Just my opinion. Go e-payment Go delete of 000 Go LD’s Notes Go stronger dinar Go purchasing power

“Baghdad Chamber of Commerce approved a 20% decrease in dollarization in Iraqi markets during 2024.” It will grant them greater autonomy over their monetary policy. By reducing their reliance on the US dollar, they will have more flexibility in setting interest rates and managing money supply to address their specific economic conditions and goals. Go dedollarization Go delete of 000 Go stronger dinar

Interesting…!!! Two news articles this week talking openly about raising the value of the dinar. Where there’s smoke 💨There’s fire 🔥 Give me $0.76 per dinar and I will never look back. Go delete of 000 Go Lower denomination notes Go Stronger dinar Go purchasing power

They are not telling us the real numbers. 2023 end with a BIG Surplus …..Now lack of surplus from 2023 budget Same thing with chunky money 73 trillion, 84 trillion, 95 trillion I bet is the same with the money in circulation and other economic indicators They can’t tell us the real numbers because we can calculate the real market Value of the dinar. Go delete of 000 Go Stronger dinar

“the Ministry of Finance does not intend to delay the release of budget and there are technical matters that must be completed before the allocations for governorates and ministries are released.” Changing the exchange rate is a technical matter. Go Stronger Dinar.

Remember what PM Al-Sudani said. ” Keep your Dinar because your dinar is stronger “ “Iraqi dinar will return to its lofty economic value” $1/1320 = 0.00075 Delete the 000 = $0.75 $750,000 per million IQD Go delete of 000 Go stronger dinar Go purchasing power

Article IV: Obligations Regarding Exchange Arrangements 1. General obligations of members 2. General exchange arrangements 3. Surveillance over exchange arrangements 4. Par values 5. Separate currencies within a member's territories Section 1. General obligations of members Recognizing that the essential purpose of the international monetary system is to provide a framework that facilitates the exchange of goods, services, and capital among countries, and that sustains sound economic growth, and that a principal objective is the continuing development of the orderly underlying conditions that are necessary for financial and economic stability, each member undertakes to collaborate with the Fund and other members to assure orderly exchange arrangements and to promote a stable system of exchange rates. In particular, each member shall: (i) endeavor to direct its economic and financial policies toward the objective of fostering orderly economic growth with reasonable price stability, with due regard to its circumstances; (ii) seek to promote stability by fostering orderly underlying economic and financial conditions and a monetary system that does not tend to produce erratic disruptions; (iii) avoid manipulating exchange rates or the international monetary system in order to prevent effective balance of payments adjustment or to gain an unfair competitive advantage over other members; and (iv) follow exchange policies compatible with the undertakings under this Section. Section 2. General exchange arrangements (a) Each member shall notify the Fund, within thirty days after the date of the second amendment of this Agreement, of the exchange arrangements it intends to apply in fulfillment of its obligations under Section 1 of this Article, and shall notify the Fund promptly of any changes in its exchange arrangements. (b) Under an international monetary system of the kind prevailing on January 1, 1976, exchange arrangements may include (i) the maintenance by a member of a value for its currency in terms of the special drawing right or another denominator, other than gold, selected by the member, or (ii) cooperative arrangements by which members maintain the value of their currencies in relation to the value of the currency or currencies of other members, or (iii) other exchange arrangements of a member's choice. (c) To accord with the development of the international monetary system, the Fund, by an eighty-five percent majority of the total voting power, may make provision for general exchange arrangements without limiting the right of members to have exchange arrangements of their choice consistent with the purposes of the Fund and the obligations under Section 1 of this Article. Section 3. Surveillance over exchange arrangements (a) The Fund shall oversee the international monetary system in order to ensure its effective operation, and shall oversee the compliance of each member with its obligations under Section 1 of this Article. (b) In order to fulfill its functions under (a) above, the Fund shall exercise firm surveillance over the exchange rate policies of members, and shall adopt specific principles for the guidance of all members with respect to those policies. Each member shall provide the Fund with the information necessary for such surveillance, and, when requested by the Fund, shall consult with it on the member's exchange rate policies. The principles adopted by the Fund shall be consistent with cooperative arrangements by which members maintain the value of their currencies in relation to the value of the currency or currencies of other members, as well as with other exchange arrangements of a member's choice consistent with the purposes of the Fund and Section 1 of this Article. These principles shall respect the domestic social and political policies of members, and in applying these principles the Fund shall pay due regard to the circumstances of members. Section 4. Par values The Fund may determine, by an eighty-five percent majority of the total voting power, that international economic conditions permit the introduction of a widespread system of exchange arrangements based on stable but adjustable par values. The Fund shall make the determination on the basis of the underlying stability of the world economy, and for this purpose shall take into account price movements and rates of expansion in the economies of members. The determination shall be made in light of the evolution of the international monetary system, with particular reference to sources of liquidity, and, in order to ensure the effective operation of a system of par values, to arrangements under which both members in surplus and members in deficit in their balances of payments take prompt, effective, and symmetrical action to achieve adjustment, as well as to arrangements for intervention and the treatment of imbalances. Upon making such determination, the Fund shall notify members that the provisions of Schedule C apply. Section 5. Separate currencies within a member’s territories (a) Action by a member with respect to its currency under this Article shall be deemed to apply to the separate currencies of all territories in respect of which the member has accepted this Agreement under Article XXXI, Section 2(g) unless the member declares that its action relates either to the metropolitan currency alone, or only to one or more specified separate currencies, or to the metropolitan currency and one or more specified separate currencies. (b) Action by the Fund under this Article shall be deemed to relate to all currencies of a member referred to in (a) above unless the Fund declares otherwise.

I totally agree with you Dinarrock, The CBI has been complaining for years about the hoarded cash mass. I have read many articles where they mentioned different amounts of hoarded cash 73 trillion, 84 trillion and now 95 trillion. They are not telling us the real amount of hoarded cash. We know the CBI have collected a lot of the hoarded cash. - The citizens can’t use the dollar anymore since 1/1/24. Only Dinar - All public servants are paid electronically - Increased financial inclusion from 11% to 23% - All trade is paid in Dinars - Increased of ( POS ) Go delete of 000 Go LD notes Go Stronger dinar Go purchasing power

“Economic affairs specialists have identified the most prominent advantages that digital transformation can achieve in banking, placing at the forefront of these advantages the elimination of inflation through the use of small denominations, and the absorption of citizens’ hoarded cash mass” Go delete of 000 Go LD notes Go Stronger dinar Go purchasing power