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BETTYBOOP
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Posts posted by BETTYBOOP
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yeah that is what I meant. Brain working faster than my fingers typed. Lol!
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I would believe a thing that comes out this excuse of a human beings mouth
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9 minutes ago, yota691 said:
Iraq's 2023 budget includes full salaries for one million new employees
economy |Today, 16:58 |
Baghdad today-Baghdad
Today, Tuesday, the Parliamentary Finance Committee confirmed the inclusion of salaries for nearly a million contract holders, lecturers, and wages in the 2023 budget.
A member of the Parliamentary Finance Committee, Muhammad Nuri, told "Baghdad Today", that "the 2023 budget bill was complete, but during the last few years a decision was taken to reduce the exchange rate of the dollar, and for this reason many paragraphs of the budget had to be amended, especially the previously prepared budget." On 1470 as the exchange rate of the dollar, and currently it is set at 1300.”
Nuri added, "A very large number of contract holders, daily wages, and lecturers have been fixed on permanent staffing, and there is a special paragraph for them that will be in the draft budget law for the year 2023. There are more (one million) of these people who have been transferred to permanent staffing, according to full and high salaries, according to their testimony." .
Yesterday, Monday, the First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, confirmed that the draft general budget law will reach the House of Representatives early next week, and this came after a phone call he made with the Minister of Finance, Taif Sami.
So..... it was coming to parliament .. THIS WEEK and now we are at next week. ? another delay. waiting for HCL to catch up. Delay until at least the 1st week in march. IMO
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My gut is saying it will be continually delayed until the hcl is ready to go with it or is within days of it. I don't see it reaching parliament before the first week in march
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1 hour ago, ezrapound said:
Indeed! You still reading those crystals??
Actually yes and tarot cards. I asked the crystal about the goat story tonight. The 1 about them.going to 1000 to 1 and then 1:1? I actually said last week that they will to around 1100 to 1 or there abouts. The crystal says we are 3 to 4 weeks out . It also said I will not be working by June
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guru clare is about 3 days behind with her news
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This could very quickly bring them within the 2 % .
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Well the difference in the parallel market is about to change big time!!
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Will they need to wait 90 days to revalue further so that they are within the 2% compliance that the information look for or does anybody think that an exception will be made until they get it under control and back on the foreign. Is the 2% just a recommendation or guidance?
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Oh it is secure alright... provided they play ball.
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I think the rest of the world just hides it better because we have been using technology a lot longer. Paper money is not king in western countries
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46 minutes ago, jake21 said:
Its very clear whats going on. It's called corruption! As long as the "Auctions" are alive, no one's getting paid. Get it?
Not so... every county in the world sells money everyday. It is just the other countries have better control. All governments are corrupt Iraq is more blatant about it and this is what the US want to be controlled. Money exchanges keep the world turning
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37 minutes ago, hspotman said:
Did the CBI actually say these things, or did a guru tell us that the CBI said it???
No it came from the CBI
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1 hour ago, southbeach said:
Ya, because the Fed told them to get in the car now because we going for a ride.
Yep... they were basically told in no uncertain terms.... shi#@ or get off the pot.
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I think you will find they are referring to in country. Nobody could possibly know where people who hold dinar outwith Iraq actually are located. Unless of course you are shouting it from the roof of your house. Apart from that we are small fish and irrelevant to this. It is mainly the street traders in Iraq it is being referred to if you read it properly.
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1 hour ago, rvmydinar said:
Does The longest period of exchange ( more than 1 year ) mean redenomination?? On the other hand , does the shortest period of exchange ( less than 1 year ) mean revaluation?
The length of the period of exchange doesn't mean anything. Once they set the rate that's it. The length of time to exchange gives a period for the 3 zero notes to be returned to the bank. After that time the will not be accepted on the streets
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29 minutes ago, screwball said:
The most appropriate option for the conditions in Iraq as a developing country is to stabilize the exchange rate, both against the dollar or to a basket of currencies, and choosing the appropriate exchange rate because the official exchange rate of the previous $ 3.2 of the dinar was originally overstated and should be chosen exchange rate less may be the price at which the link dinar against Currently the dollar after dividing it into a thousand dollars to 1.125 dinars a good price
$3.2 dollars might have been over estimated during Saddams time, but they did not have the currency and gold reserves they have now and they didn't have the oil fields they have now, many of which are untapped. Additionally, considering the mineral, precious and semi precious stones they know they now have plus the gold still in the ground they have a lot to support a very good rate. IMO
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I don't think they can have 2 separate rates. Both the 3 zero note and the lower denims are legal tender and therefore the same rate would apply across the board.
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I agree she did don't say 2 different rates. I think what she is saying is the rate we will see will different in that if they go 1:1 then in Scotland where I am that would equate to make 1 dinar being worth possibly around 70p as opposed to 1 dollar.. In Europe it might be that 1 dinar is worth 1.05 euros and this is what she meant by a different rate. but I might be wrong
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When does anybody expect to see the second package of support from the CBI? OR have I missed it?
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Something else for Malaki's goons to put a spanner in the works of.
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the one time I would really like the goat to be on point.
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I get where you are coming from but also in the past, if I remember correctly, the CBI at one point said the 3 zero notes and the lower denominations would co exist for possibly up to ten years. The 3 zero notes would gradually be removed from general circulation and used for large money transfers within the banking sector. So if the rate was for example $2 dollar to 1 dinar a 25 dinar note would be worth $50 dollars but a 25000 dinar would be worth $50000 dollars.
The Central Bank {stops} the collapse of the dinar, and new amendments await the budget
in Iraq & Dinar Related News
Posted
So approval by end of March as I have thought for a while