screwball

it is interesting for a country thats moving to full electronic and de dollarising why would you send them cash?

yes very interesting.....

in a country full of corruption keeping this a secret would be impossible...

Treasury bills (often called T-bills) are short-term debt securities issued by the government to borrow money. In the United States, they are issued by the U.S. Department of the Treasury and are considered among the safest investments because they are backed by the U.S. government. How T-bills work You buy a T-bill at a discount to its face value. When it matures, the government pays you the full face value. The difference is your earnings (interest). Example: Face value: $1,000 Purchase price: $975 Maturity value: $1,000 Your profit is $25. Common maturities T-bills typically mature in: 4 weeks 8 weeks 13 weeks (about 3 months) 17 weeks 26 weeks (about 6 months) 52 weeks (1 year) Because they mature in one year or less, they are considered short-term investments. Why people buy T-bills ✅ Very low risk ✅ Backed by the government ✅ Highly liquid (easy to sell before maturity) ✅ Often pay higher yields than savings accounts during some periods Risks Inflation risk: Your return may not keep up with inflation. Interest-rate risk: If rates rise after you buy, newer T-bills may offer better yields. If sold before maturity, the market price may be different from what you paid. T-bills vs. other Treasury securities Security Maturity Treasury Bills (T-bills) Up to 1 year Treasury Notes (T-notes) 2–10 years Treasury Bonds (T-bonds) 20–30 years Unlike Treasury notes and bonds, T-bills do not make periodic interest payments. Instead, the interest is built into the discount price.

isnt this 1st of july.....? anyone remember date?

i personally dont think we will get a troop withdrawl until we get a rate change...almost certain....

make sure you get your free cash!

so you would think if they are planning a true revaluation then yes new rate would be in budget..... If Iraq were secretly planning a large revaluation, budgeting at 1,300 IQD/USD would be unusual because government revenues, expenditures, oil income conversions, and deficit projections would all change materially. now factor in social security, wages, ration cards and fuel subisdies and a gun buy back scheme! what rate?

f a country is going to revalue their currency does the pedning budget need to be based on new rate or old rate It depends on when the revaluation becomes effective and what accounting/budgeting rules the country uses. In general: If the budget covers a period after the new exchange rate takes effect, the budget is usually prepared using the new rate (or an official projected rate if the exact rate is not yet effective). If the budget is being prepared before the revaluation is officially implemented, governments often: Use the current (old) rate for legal and accounting consistency, and Include a separate adjustment, sensitivity analysis, or revised forecast showing the impact of the expected revaluation. For historical transactions and prior-year comparisons, the old rate is normally retained because those transactions occurred under the previous exchange rate regime. For example, suppose a currency is currently 10 units per USD and is expected to be revalued to 8 units per USD on July 1: A budget for January–June would generally use the old rate (10). A budget for July–December would generally use the new rate (8). A full-year budget prepared before the change might use a weighted or forecast rate depending on government policy. If you're referring to Iraq potentially revaluing the Iraqi dinar (IQD), then the answer depends on what the Iraqi government and the budget law officially assume. For Iraq's federal budget: The budget is normally prepared using an official exchange rate assumption approved by the government and parliament. Until a new rate is officially adopted and effective, the budget is generally based on the current official rate. If the government knows a revaluation will occur during the budget period, it may revise revenue and expenditure projections to reflect the expected new rate, especially for oil revenues which are earned largely in U.S. dollars and converted into dinars. For example: If Iraq's budget assumes 1 USD = 1,310 IQD and no official revaluation has occurred, the budget calculations are usually based on 1,310. If Iraq officially revalues before the budget is finalized, the budget would likely be recalculated using the new official rate. One important point: a stronger dinar would generally mean that each U.S. dollar of oil revenue converts into fewer dinars, which can significantly affect budget figures unless spending and revenue assumptions are adjusted accordingly. If you're asking about the current Iraqi budget and whether recent budget discussions suggest a future dinar revaluation is already being incorporated, I can look up the latest information and explain how the budget is currently being calculated. ased on the available information, there is no evidence that Iraq's current budget is being prepared on the assumption of a major dinar revaluation. Recent reports indicate that the Iraqi government and the Central Bank of Iraq have continued using an official exchange rate of about 1,300 IQD per USD for budget planning and government accounting. The exchange rate used in the federal budget has been maintained at that level since 2023, and official communications regarding the 2026 budget also reaffirmed that rate rather than introducing a new one. What this means in practice: If Iraq were secretly planning a large revaluation, budgeting at 1,300 IQD/USD would be unusual because government revenues, expenditures, oil income conversions, and deficit projections would all change materially. Budgets are normally built using the official rate expected to apply during the budget year, not a speculative future rate. The fact that Iraq continues to budget at roughly 1,300 IQD/USD suggests that policymakers are planning fiscal operations around that rate, at least in the official documents currently available. It's also important to distinguish between: A redenomination (e.g., removing zeros from banknotes), and A redenomination can occur without changing the country's real purchasing power, whereas a true revaluation would have major budget consequences. If your question is coming from discussions about an imminent "RV" of the Iraqi dinar, the publicly available budget and central-bank information currently point toward exchange-rate stability rather than an announced revaluation. A revaluation (an increase in the currency's value relative to other currencies).

yes is this old date? and who is Majeed? from Saudi Arabia??

the national oil company law is one that needs to have final amendment vote

so maybe raising the rate is planned for this stage??? its all about the wording! "at this stage" but doesnt say anything about the next stage!!!

🤣🤣🤣 "at this stage"NO denial!!!

same old discussions day in day out...fools have learnt nothing...

heres an interesting question is this foreign currency or have they done currency swap deals???

Trump declares the Iran war complete. The blockade lifts. Baghdad secures Kurdistan’s oil fields. Both routes reconnect. The rate waits inside the budget. :Reset Intelligence

Two redemption paths: domestic CBI and international Tier 1…Iraqi citizens and international holders sit on two different paths… Iraqi citizens and residents convert through the Central Bank of Iraq window and the network of CBI-authorized commercial banks…The domestic channel is being rebuilt into an electronic, auditable rail before the rate event lands… Holders outside Iraq do not redeem through an exchange shop, a street kiosk, or a back-channel broker. The clean path runs through a Tier 1 international bank with IMF correspondent standing… : Reset Intelligence

No one is going to address the nation, hand you the headline and tell you to get your affairs in order. That time is now… You get to watch it unfold each day while explaining the significance of these times to the very people who think the world is collapsing. In one way or another that world is collapsing, just not the way they think it is.:Reset Intelligence

and 150 billion in the investement fund.....that was also discussed and big news back in 2012-2013, all back and current!

I would also like to state that in 2012 and 2013 when it looked like they were going to delete the zeros, alll those talks of salary scales, ration cards, fuel subisdies, purchasing power, troop with drawl and dis arming militia are all happening in lighting speed....its taken 12 years for all of this to come back in the picture...

yep..bit for over 12 years we had biden and obama against us and iran pulling the strings....obama was behind isis and funded them by giving iran billions in cash! now we have trump in charge, I will be honest and say that if trump wasnt driving peace in the middle east then we would have never got a dollar from this investment! my view is when it does happen and it will cash out if you can and get out quickly...

“The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future we will see progress on this matter.” - Ali Al-Alaq, Governor of the Central Bank of Iraq, speaking in Duhok (Oct 2025)

its about time to look at a cook island trust and offshore banking accounts again...shits getting real....dust of the documents and get ready 🚀

remember they then merged the two into one budget...it was only recently they talked about two budgets again....

i remember that supplementary budget as per one news articles back in 2012-2013 said it was based on a new rate, supp budget covered off on reconstruction and social security and welfare...so here we are!