Laid Back

Glad the site is back. Thanks Adam.!

I agree with your opinion jg1, Passing the HCL means no more oil sales under the table. The ruling class, don’t care about the people.

“The exchange rate depends primarily on imports and not on local production, and that The exchange rate in Iraq has peculiarities because it is linked to the price of oil, as it is the largest source of providing hard currency.” Crude oil prices are one of the most volatile economic variables in the world economy, especially oil countries. These fluctuations often coincide with fluctuations in the dollar exchange rate. These fluctuations in the exchange rate of the US dollar, whether up or down, and these fluctuations in crude oil prices for oil-exporting countries lead to an improvement in the value of their currencies against the currencies of other countries.

"The solid amount of dollars in Iraqi homes is no less than 50 billion dollars. If the Central Bank criminalizes dealing in dollars, how will they be spent?" Talking about $50 billion US Dollars in actual dollars not Dinars.

“financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation,” Go financial reform Go Stronger dinar

They will wait till the beginning of 2024 to release the Budget.! just my opinion.!

“The Kurdistan Regional Government announced, on Monday, the adoption of the Iraqi dinar in customs duties instead of the US dollar. “ “Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024” Great News.! De-dollarization project continues moving forward ➡️ Go Demand for dinar Go stronger Dinar

“The platform enables Iraq to exchange electrical energy with the countries of the Gulf Cooperation Council collectively or separately, which will give wide flexibility to the exchange and trade of energy between Iraq and the GCC countries. The GCC Interconnection Authority expected that the project would provide Iraq with two million megawatts during the summer months, whereas energy exchange with Iraq in the winter months would reach 500,000 megawatts.” BIG STEP FORWARD FOR IRAQ 🇮🇶

"The solid amount of dollars in Iraqi homes is no less than 50 billion dollars. If the Central Bank criminalizes dealing in dollars, how will they be spent?" The article is talking about $50 billion US Dollars. Not Dinar stashed at home.

All this is part of De-dollarization process. CBI continues moving forward with the monetary reform. Go Demand for dinar Go Stronger dinar

I believe they will trade in their own currency. Iraq will pay in dinars for everything they import from China, Iran and Russia. Just my opinion.!

I heard that many times before.

The ACAMS Certified Global Sanctions Specialist (CGSS) certification is the global program for equipping professionals with the tools they need to understand and interpret changing sanctions regimes. Know your customer (KYC) and customer due diligence (CDD) training helps you understand how to mitigate the AML risks associated with customer acquisition and retention activities. CMM stands for Certificate in Meeting Management (CMM) and offers executive leadership for the business of meetings. CMM represents the premier designation for distinguished meeting professionals and has become the business standard of excellence. “The Director General of the Center for Banking Studies at the Central Bank of Iraq, Dr. Bassem Abdul Hadi, indicated that obtaining this type of certificate for participants contributes to raising the ability of the banking sector in Iraq to confront the phenomenon of money laundering and terrorist financing and achieve international compliance requirements.” CBI continues moving forward to achieve international compliance. Go CBI Go new monetary policy Go Stronger dinar.

1/1/24 Stop cash withdrawals in US dollars. In my opinion, at the same time they should give the dinar a value equal to the US dollars. That will be an easy transition to the Iraqi citizens and real purchasing power. Go end of MCP Go Stronger Dinar Go $1:1

And Beyond.!!! Still a lot of work to do. -Diversification of the economy -Development of Private, industrial and Agricultural sector -Development of banking sector -Census -WTO -Important Laws -New CBI Building I started a thread in 2019 ( Why I believe our wait will be longer ) Four years later and we are still waiting. Just my opinion.!

Iraq GDP $225 billion dollars….. Currency value $0.00076 Kuwait GDP $184 Billion dollars….. Currency value $3.24 Something is wrong with this picture 🤔 Hope someday in the the near future we can see the real value of the IQD.

$1 billion dollars a week in the currency auctions is unacceptable. More than $30 million dollars a day in the currency auctions is corruption and money laundering. Go UST Go CBI Go COMPLIANCE

If the Kurds are not happy with the budget share, it will take longer for the enactment of the HCL. Just my opinion.!

Prime Minister Muhammad al-Sudani said in a televised statement, “Any amount sold by the Central Bank exceeding $30 million per day is smuggling.”

Aloha 🌺🤙🏽🍹

Aloha Carrello, I’m safe and sound, thank you for your concern. I live in a different island. (The Garden Island). I was on vacation, taking a break from Dinarvets. So sad for the people of Lahaina, they lost everything.

The never ending story of the Oil and Gas law…. Underway since 2005. Patience is a Virtue 😀

"There is a real importance for Iraq to join the international financial system, as Iraq still needs to develop its financial and banking system in order to keep pace with developments." “Iraq's accession to the international financial system will enhance the world's confidence in the Iraqi financial and banking system, and this opens a new door for foreign investment in Iraq, as Iraq needs the world's confidence in its financial and banking system and keep any suspicions away from it." - Development of financial and banking system - Development of Private sector - Diversification of the economy - WTO ascension - Census - Important Laws We are still far away from an increase of the dinar exchange rate. Reality check ✅

“Specialists in the financial affairs believe that the return of the dollar to its normal rates needs to adopt the slogan "Dinar" And then make 1 dinar equal to $1 dollar Easy transition. Go Stronger dinar

Big Step Forward. The unified treasury account is an essential tool for government cash management. It give the ministry of finance oversight of all government cash flow and it brings improvements in budget control.