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Showing results for tags 'goi.'.
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Luigi found this article of Dinarian interests... Al Kazemi speaks about a failed GOI. Treat as a rumor. Not verified. Your opine. Tlm724: Bondlady’s Corner: Article: Al-Kazemi: Our Decision In This Government Was Not To Get Involved In Iraqi Blood. Tuesday, 16 August 2022 4:51 PM Baghdad / National News Center. Today, Tuesday, Prime Minister Mustafa Al-Kazemi confirmed that he will announce tomorrow an Iraqi national dialogue for all the country’s leaders, pointing out that the political blockage was reflected in the formation of the government. Al-Kazemi said in his speech during the regular session of the Council of Ministers, transmitted by his media office & received by the National News Center: Unfortunately, we are still living through political challenges & political obstruction & its repercussions on the government’s performance. The government is not a party to the political conflict, but there are those who are trying to hold it responsible for this crisis & to escape from the problem, & to turn all problems towards the government. He added that our crisis is not the only one in this world, there are many experiences that have passed close to ours, & they may be more complex,but by using wisdom & wise leaders they succeeded in crossing that stage, & some of these countries turned into successful experiences.
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Luigi found these articles of Dinarian interests... GOI is openly talking about changing the exchange rate. Treat as rumors. Not varafied. Your opine. Holly: Yesterday was very quiet. No changes in the news I got on Saturday. We are in the window for the release this month... From Iraq news several articles from different political parties talking about changing the exchange rate...let’s see what happens. MilitiaMan: ...why would they revert back to a program rate that is not nor was ever international? Why would they have destroyed massive amounts a large 000 notes. Many of us watched the video on it specifically. The accounts at the CBI showed they payed for new currency. The obvious take away is that they are doing what they said they were going to do and that is to return to the glory days or in recent terms to the predecessor. 1190 doesn’t support new small category notes. Nor does it show that Iraq will be IMF Article VIII complaint 100%...imo...
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Luigi found this article of Dinarian interests.. Can GOI circumvent CBI & go it alone on RV? Treat as a rumor. Not varafied. Your opine... Zig’s Place: Xyz Kanani confirms that the government has taken the decision to change the exchange rate of the dollar after the approval of all political blocs: Xyz @Kaperoni is that a flotation change or sudden overnight RV? butterfly The Presidency of the House of Representatives decided to postpone holding today's session to vote on the budget bill until seven in the evening due to the continuing discussions of the political blocs and forces with the relevant ministries on the law. butterfly The parliamentary blocs announced that the Kurdish delegation headed by Qubad Talabani, deputy head of the regional government, stipulated that no proposed text should be drafted alternative to Article 11 related to the Kurdistan region’s share, and other contentious articles in the General Budget Law 2021, without his direct presence in joint meetings with members of the committee Parliamentary finance and leaders of political blocs.
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Luigi says... Many Dinarians are in full agreement that GOI has granted CBI with new powers to control it's own destiny. Could this be the monetary reform we have been waiting for? This is a very long read but well worth the time to read over & digest. Varified by many sources. Your opine. Go RV. 11-14-2017 Newshound Guru Stryker Second Amendments to the 2004 CBI Law is Done...Iraqi Parliament voted on the second amendment to the 2004 CBI Law this morning... 11-17-2017 Newshound Guru Don961 With Speaker Jubouri in America ... it seems Parliament got some work done ...finally voting on that CBI law to "keep pace with global economic development " ... reading laws related to transparency in investing arbitration ,.... promoting tourism and Iraq's rich history and antiquities as additional income streams...imo. 11-15-2017 Intel Guru Frank26 I believe the final segment of training with the private banks are done. I believe they are signaling that this Friday will be the finality of all this. I think there will be a statement from Abadi coming along with a national celebration by, if not on, Friday. Iraq is meeting with the WTO on Friday and I think they will be declaring that they are international before then. IMO Iraq could join the WTO with a low rate, just not a program rate because of the restrictions. However, I think the probability of this is about zero. I believe IMO that they are at least 1:1 or near it now. 11-15-2017 Intel Guru Delta Article 8 requires Iraq to have a rate that is fair for their neighbors and what will be called the "true" value. 11-14-2017 Newshound Guru Kaperoni Article: "The House of Representatives votes on two laws and ends reading five laws" Quote: "The Council completed the vote on the second draft law of the Central Bank of Iraq Law No. (56) of 2004 on the Coalition Provisional Authority (dissolved) submitted by the financial committees and the economy and investment for the purpose of increasing the capital of the Central Bank of Iraq..." Parliament voted on CBI law. 11-14-2017 Intel Guru RayRen98 On Monday, Parliament passed 4 laws, and voted to give the CBI the ability to increase its capital and granting powers. Abadi's speech did not pinpoint the exact date of the "largest celebration ever in Iraq" however...I have just learned of that designated day but am awaiting further detail before disclosing it. Well, it's Terrific Tuesday and we're not even halfway yet! Time Will Tell!! 11-14-2017 Newshound Guru G-Lin Article: "The House of Representatives votes on two laws and ends reading five laws" Quote: "The Council completed the vote on the second draft law of the Central Bank of Iraq Law No. (56) of 2004 on the Coalition Provisional Authority (dissolved) and submitted by the financial committees and the economy and investment for the purpose of increasing the capital of the Central Bank of Iraq and keep abreast of global economic development..."] [...great to see a vote finally on the cbi law ,this is one of the laws the IMF has asked for ,does it have to go into the gazette or is it now law...] I believe it needs to be entered into the Gazette or signed by the Pres. It usually happens rather quickly. 11-14-2017 Guest Newshound Guru Apmcrx Finalising Basel III reforms: Press release: "The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, welcomes the progress made towards completing the Basel Committee’s post-crisis regulatory reforms." “The Committee will keep working to finalise its reforms aimed at fixing shortcomings highlighted by the financial crisis to make banks safer and more resilient,” Upcoming meetings: 12-13 December 2017 (Basel, Switzerland)
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Luigi says... We wait again. It's looking like October will slip away without an RV. Parliament fails to come to agreement again. Take as a rumor. Your views. 9-29-2015 Newshound Guru Kaperoni "The meeting's agenda number (24) Tuesday 29 September 2015" Well, no investment law.
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03 Aug 2015 Intel Guru Arthur... One of my closest contacts told me and I quote " Good luck getting through the whole month of August without total and catastrophic Iraq GOI/Parliament implosion if there is not real. monetary and currency reform immediately" There are no more cans to kick down the road nor roads to kick it down. As early as within 48 hours we will have some answers as to rather taxes and tariffs are implimented along. with some upward PIPS. in the movement of the Dinar and its possible movement from exotic to international. The next couple of weeks should tell us a whole lot as to rather this could really after all be our moment. -
from another source... Millionday News 7/19/15 Welcome to dinarupdates.com for News Time with Millionday!! Millionday: THE SHORTEST REPORT EVER Millionday: –The Speaker of Parliament, Saleem al-Jobouri set Saturday 25th July 2015 as date to resume the sessions of Parliament. Millionday: IF ALL REPORTS ARE LIKE THIS -- IT IS WALLY WORLD TIME LOL Craveman: Since the short report sorry if not related exactly. I read a blurb by Kap on the Observer today and it did make sense assuming it is correct when he/someone stated a country’s rate is based on their productivity which I believe has to wait for a market economy to kick in and will be down the road a bit. So, would they wait to change the rate or start out small? Guess the questions always comes full circle, back to the same old Lol! Any comment on it appreciated Luigi says... Don't expect too much news out of Iraq this week Critical Bills awaiting for vote will be delayed again. July is not looking very good for Dinarians. After Ramadan, then EID, Parliament needs another week to rest up. Next window...August...unless the can is kicked again. Let's hope Parliament can get their act together by then. Luigi asks... Is the RV/RI a ways off awaiting for the market economy to kick in first? Remember Tariffs & sales taxes are part of the market economy. Your views!
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from another source... Luigi says the pressure is in GOI & Abadi to get business taken care of by June or the Kurds will stop payments to GOI. The Kurds have received from GOI only small portions of what is due them. The Kurds finance over 50% of Iraq with over 50% total Iraq oil sold through their oil revenues. If the Kurds walk...we could kiss our investments good- by. It's true the CBI has the cash reserves & gold to back the RV. CBI could hold off the Three Zeros project for many years to come or even cancel it all together. How long can CBI maintain the rate with half of their oil sales gone? This would be a CBI disaster in the making to RV then. Abadi has called for emergency meeting to resolve this issue. There are still many disagreements in Parliament. GOI must act now or Iraq is in danger of spliting into three parts. If that happens...our IQD will become toilet paper. IMO. 5-25-2015 Intel/Newshound Guru tman23 In an interview given to CNBC at the World Economic Forum in Jordan, Kurdistan Region President Masoud Barzani has warned Baghdad that a failure to resolve the budget issues will lead to the KRG selling oil independently. Either Iraq will commit to the agreement that they have and will pay the Kurdistan Region or, in another case, if they don’t and fail to pay Kurdistan, then we will be selling our own oil and collecting our own revenue,” he said, saying that the deadline for cooperation is just “one or two…months” away... Barzani statement from DAVOS economic forum...and is in INK... Baghdad has about 1 month to begin paying ...2 at the most! So we can assume that 1.2 billion is expected in full in by mid July at the latest or Kurds will collect their own oil and collect their own revenue...Abadi said a few weeks ago that starting July Iraq would be able to make all payments in full and on time... And in January he asked citizens to be patient until June.
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from Intel Guru BGG... 5-24-2015 Newshound/Intel Guru BGG Article quote: "Iraq today - the parliamentary finance committee the central bank demanded the implementation of the project to delete the zeros of the three of currency instead of issuing new editions of major categories." This is obviously THE BIG news of the last few days...Demanded...they've essentially "Demanded" an RV...I don't know how else to say it...the Finance Committee got their point across to the CBI. Luigi says...GOI can't demand a thing. CBI is a separate identity not part of GOI. CBI will RV when it's ready to. CBI will not act until it gets the nod from the Rothchilds & Bilderbergs. Yes, the Rothchilds are still in charge of global banking. Nothing has changed. Banking just like Wall Street & gold/silver markets are rigged games. Talk of int'l bankers being arrested are only rumors. The truth is we don't get paid & Iraq don't get paid until the Rothchilds & Bilderbergs get their cuts. Once they get their cuts they will throw us some table scraps of their own will. No doubt, the Rothchilds, Bilderbergs & one percenters will get a behind the door special rate before it goes int'l to the general public. This is how int'l banking works. IMO.
