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Here's an article of Dinarian interests... A new, real effective ER? This is a very long read but is worth your while. Treat as a rumor. Not verified. Your opine. Militia Man: Extensive Updates: ARTICLE: The government takes a series of decisions & procedures to activate the role of the private sector. The headline alone should tell you that. They’re talking about activating the private sector. That means the private sector is different because, Iraq has always been in oil, rent, if you will, economy, not a market economy. So what they’ve done is they’ve went from or going from that rentier source to non oil revenue streams. And so they’re doing that as the private sector. The private sector is going to come in and take partnerships in either banking, in the reconstruction of the country, all the different things you can imagine. Private sector dealing with electricity & energy, water, agriculture, all of it. So here it says the supporting the private sector & creating jobs, job opportunities or priorities confirmed by the government of PM Mohammad Shia al Sudani. There’s plans to invest this role in the sectors in diversifying the economy, reducing dependence on oil & contributing to creating sustainable development. You’re going to see names like the IMF, International Monetary Fund, the Bank of International Settlements, the BIS, you’re gonna see the World bank, you’re gonna see the WTO, the World Trade Organisation. They all talk about sustainable development. That’s what Iraq needs to do, is they’re gonna diversify from what oil. They’re gonna add in all the things that we have been talking about. They’re talking about sovereign guarantees. In other words. It’s almost like a win win situation for investors. So if any of you out there want to be an investor in Iraq & you have what it takes, I would suggest you pick up the phone & get a hold of your chamber of commerce, international Chamber of Commerce, or the United States Chamber of Commerce & see what they have to offer, because they have sovereign guarantees, it says the private sector. The Triannual Budget, which is a Tripartite Budget, is to support the establishment of laboratories, factories, establishment of agriculture projects, put forward a new vision to grant the private sector to achieve. They’re doing this to help others achieve reform efforts and their own efforts, & to activate laws that are enforced to take care of who workers in the private sector. They go on to say, April 7, for instance, up to 2024, this, as April 7, there did an approval of issuance of investment & partnership instructions between the public & private sectors for the year 2024. So they’ve done that already based on the provisions of the Constitution, the Federal Budget Law of the Republic. The three fiscal years. We know that they’ve done that. That’s beautiful. It says here what they’re doing is they’ve made several decisions. To support the private industrial sector. So they’re not just talking about the commercial side, they’re talking about industrial stack. What is that going to be like? Steel, phosphates, sulphur, all those things. Minerals, everything. for instance, in 2023, that they talked about the framework of developing and supporting the national industry. They’re talking about dry gas. Committee for investment for projects. The commitment of the Ministry of Oil to allocate & equipment new industrial projects. Plan to establish the partnership between the government & the private sector. Who’s involved? Ministry of Industry, Ministry of Minerals. What are they talking about? Dry gas. So next thing is they’re talking about the framework of the government’s vision of economic reform in revitalising the investment & development movement in the country. The Council of Ministers approved them in August 2023. The national strategy for bank lending. So they’re talking about the banking sector. What else? Attracting local & foreign investors to increase what credit granted to it from what non oil revenue streams. GDP out to win 2029. 2029. They’re forecasting. They’re launching a new industrial initiative to promote the sectors. They are talking about many industrial sectors. So it didn’t quite go into isolation of any specific one, but it says here, the iraqi doctor company, private sector, the Saudi northern cement industry. So there’s another sector. The private sector’s partnerships in the field of cement is going to be really big, I mean, think about all the concrete they’re going to use for all the foundations for the new buildings, new industrial cities, the residential complexes. You see what they’ve been doing? They set the stage. This was over. This is last year, 2023, not 2024. And 24 is almost over. Okay, so it says here that during this visit, in this particular case, back in April 2024, the prime minister decided to involve a delegation from the private sector and iraqi businessmen in visiting delegations. During the visit, the PM also sponsored the signing of similar memorandums of understanding between the iraqi private sector & the american companies in the fields of energy & pharmaceutical industries. That was back in April of 2024. So as you can see. Where are we now? They put this articles out just today. You guys were yesterday. I’m sorry. July 20, the prime minister opened four factories for the military Industrialization Authority. This is for Iraq. Including the electric vehicle production factory at the General war Industries company. Partnership with who? Private sector. Then, I mean, it goes on. And they’re talking about other countries. Egypt, for instance, Jordan, iraqi, Jordanian. They’re all having, look, everybody knows that Iraq is going to be the financial. Well, it said back in September of 2023, around this timeframe, that Iraq was going to be effectively the saviour of the international financial system, is going to provide, bring what confidence to the financial system in the largest banks in the world? They’ve been working on this to do what they said they were going to do. The Ministry of Transport signed September 3, 2023, an agreement with the international Financial Corporation, which is what related to. I think that’s the World bank. To rehabilitate & develop Baghdad International airport. The international Finance Corporation included consulting with development of the role of private sector in enhancing its entry into the public services arena. Partnership with the public sectors facing future challenges. Look, the list of accomplishments under Al Sadani & his teams is nothing but stellar. They’ve been hard at work at setting the stage for international cooperation & coordination with the private sector. It looks like the foundation is now in place & will be holding & will be a strong footing for Iraq to start on. Let’s look forward to seeing this real effective exchange rate that will have to be applied at some point in time here in the near future to make sure that this gets that footing is indefinitely in cement. So digital banks, digital transformation. Here’s the article, the next phase of digital transformation in the egyptian sector. I just mentioned Egypt. It says, with steady steps the CBI continues to implement the banking reform strategy. One of the main objectives is which to achieve digital transformation in the banking sector. This dates back to as early as they started this process in 2017, it says, which included the first, second & third stages that far back. Right. So during the past two years, Al Sudani has been in office. Cooperation between the government with the personal support follow up of the PM & the CBI was a fundamental step to activate & accelerate the digital transformation in the government & the transition from a cash economy to a digital economy. They go on to say that the developing information technology, by developing information technology, establishing digital banks, using artificial intelligence in the banking services & using modern technologies & loans, compliance, risk management, combating money laundering, terrorist financing & combating banking fraud, all of those things. The results during 2023 2024 recorded what they call a qualitative leap in the volume of transactions & electronic payment operations & the use of modern banking technologies. The banking reform now entered a new phase of transformation to the digital banks. The CBI is currently examining auditing about 70 requests to licence new digital banks according to the precise controls & conditions adopted by the CBI. It says this constitutes a real & promising start for technical banking development in Iraq, bridging the gap of other countries of the world in this field. This facilitates the provision of smart banking services, reduces the chances of fraud and corruption, and provides important data on the nature of those transactions, their control and compliance. well, doesn’t that sound like the blockchain is about ready to just turn on? It says therefore, digital banks are in an a new stage of digital transformation & banking reform. They hope that the CBI will soon take the first step by licencing digital banks that show, through examination, audit study, that there are committed to the applicables controls & conditions. So if they pull that off, guess what? They’re probably going to have to be the ability to do transfers, electronic transfers. It says, will Iraq resort to reducing expenditures to cover the Budget deficit? This article is from an advisor, Mohamed Mohammed Mahar Muhammad Saleh. He’s the advisor to the PM, Shia al Sudani. Today, on Oct 5, which is actually yesterday on the possibility of the government resorting to reducing expenditures in order to cover the Budget deficit & the lack of liquidity. So the article just basically goes on & just says, Soleil points out that there’s a government hedge according to the law, number 13 of the Budget & this law hedges against an economic crisis. But the deficit is hypothetical. So hypothetical obviously is not real & it does not necessarily happen, but it gives flexibility to the financial liquidity. That’s the key there in securing assumptions or things to confront external clashes or crisis that may occur here and there. It says the Iraqi General Budget tables for the year 2024 faced objections & controversy due to the reduction of the investment budget for the 15 governance that do not belong to the region after the federal government approved them in June of last year. So they’re just flat out telling you that they have this approved, that it was done already. Parliament approved the country’s draught General Budget for the three years 2023 through 2025. They give you the, the amount of money that they did this. So obviously they have it in place. What we haven’t seen yet is the exposure of that 2024 Budget on the investment side. You know that in what we’ve read in past time and today a little bit, they talk about the 2024 Budget & they’re going into the international world. With who? The private sector. How are you going to do that without having Budget? They haven’t exposed it yet. When are they going to do that? My understanding is in of how they do things is that they have been working to that effect & they have to have probably everything in order for them to be able to, at a very critical time do that and show it. They are showing us that based off some of this information & all we’ve had for the last few weeks, talking about delete the zeros, talking about all those different items & going international, you can see that this is probably what they’re talking about now because they’re talking about the 23, 24, 25 Budget right there & they’re talking about, they’re talking about digital transformation. They’re talking about projects & what else are they trying to tell us? They’re telling us that they’re going to pay salaries and such and then what are they going to do? They’re going to do it on electronic cards or they’re not. It says, why have the salaries of the region’s employees not been localised? Yet now, when they say localised, what does that mean? It means that the federal government is going to pay the Kurdistan region’s portion of what they deserve to the citizens directly away from the Kurdistan hands. In other words, it’s going to go from the federal government to the people, not only in Baghdad, in provinces, but all provinces around the world. All salaries. If they’re government oriented, they’re going to get paid. That’s how they’re going to do it. Why didn’t you read there was 40 million cards issued? We knew about that & it was in print month or two ago. Now that they reiterated it. So it says the framework parties are preparing for the upcoming parliamentary elections in 2025. They’re. Who are they? I think they’re talking about the Kurds, but I think they’re having an election on the 20th of this month. It says a new alliance to form the next government with the main ruling kurdish parties. They’re distancing themselves from the problems of the region’s employees salaries so as to not clash with those parties in the region. It says the main reason for the Kurdistan regional government not localising the salaries of the region’s employees is the fear of the main parties in the region, that employees in civil, military & security institutions will be released from the grip of these parties & the people’s lack of interest in these parties after their source of livelihood was liberated by localising their salaries directly from the iraqi state. So in other words, all of a sudden there could be a shift in the thought process. Since you’re not holding me hostage with my salaries, the government of Baghdad effectively is going to have control of my money. They may not be so open to be voting for certain parties. That’s what they’re telling you. Especially with the recent clarification issued by the federal Supreme Court, which confirmed that its decision regarding the localization includes all banks licenced by the CBI operating in the Kurdistan region. Basically, as far as my view is concerned, the Kurds better get ready in taking care of the citizens & fairly from here on out, or they will not likely fare very well politically. The localization of salaries in the hands of the federal government, in the unified treasury account, on their national cards, will be very effective in levelling the playing field. It should, it really should. Accurate accounting of who gets paid will be very telling & likely very different than the past. So the next article is fascinating too, is Kurdistan’s finance announces the deposit of salaries in Soleimania employees in their accounts. This is today. This was hours ago. This is fascinating. Ministry of Finance & Economy of the Kurdistan region of government announced on Sunday the deposit of the salaries of some Soleimani employees in their bank accounts. A statement from the ministry seen by the news explains that many employees received sms messages stating that their salaries had become available, enabling them to withdraw them from the ATM’s. The statement stressed the importance of this step in facilitating the disbursement of salaries, especially in light of the financial challenges facing the region. And yes, they have some financial challenges because if they’ve been stealing money and they haven’t been paying people on time, and now they’re going to get it on time. This comes after periods of delays in payroll which have been alarmed, which did and have alarmed the employees in the region. So, they’re going electronic. Sms, textures, text. Text messages are telling people that their salaries can be accessed where? At ATM machines. They can withdraw money from the ATM machines. Are they going to have the same exchange rate now? It’s electronically being taken care of. That’s what we’re looking for. The Ministry of Finance discloses the opinion of board the development of financial performance and confirms the implementation of the recommendations of the Council of Ministers. That’s the headline of that. The Ministry of Finance discusses with the opinion board the development of the financial performance & confirms the implementation of the recommendations of the Council of Ministers. So they have an opinion board basically on development & performance and that it’s being confirmed that there’s an implementation of the recommendations of the Council of Ministers. So they’ve done something. Who’s involved in that? Well, the Ministry of Finance. Who’s she? Miss Tafe Sammy. She chaired a meeting Sunday today. On this board, the meeting addressed the emphasis on implementing the recommendations of the Council of Ministers & the emphasis on continuing the tireless efforts & then providing the capabilities within the framework and implementing financial & strategic plans. Including what? Automation, digital transformation, the use of modern electronic systems & improving the reality of the work to provide optimal services to citizens. They’re clearly letting us know that they are implementing the recommendations of the Council of Ministers. They’re telling the citizens that are providing the capabilities with the government’s framework to develop the financial performance. They were talking about also what? Implementing financial and strategic plans, including automation, digital. The digital transformation of what? They’re using modern electronic systems. Does that sound like they’ve got something new? Could that be the electronic payments that are going to be digitised, which are going to be part of a new, real effective ER? Yes. So just as they sent those text messages to the citizens informing them electronically it’s, they are, that they have paid the salaries. Now the question is going to be when do those electronic payments clear? Digital clearing can be pretty fast. So do they have time frame on it? Is it set for today? Is it set for tomorrow? Are we going to hear from Alak? Are we going to hear from Al Sudani about that 2024 Budget? Are we going to talk about what did the Supreme Court said? The Supreme Court was just mentioned here tonight. What did they say? What is it that everybody’s waiting for? Was there an action taken by the Supreme Court because they invoked it in one of these articles? I would suggest that it’s possible that they have, they don’t always tell you everything. The Ministry of Judiciary is missing 4782 still. Well, at least as of yesterday, to the best of my knowledge. Why is that the real effective ER that they’re dealing with, is that something that’s in there that’s allowing them to now, obviously now send out text messages? Let’s see if Alalak & Al Sudani, Tafe Sammy, Ministerial Council of Economics breaks out with what we’ve been waiting for. Let’s see what happens.
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Here's some articles of Dinarian interests... Bruce says the new ER is out in Iraq. They are hiding the rate from the world. No. Once the rate is out in-country, it cannot be hidden. Treat as rumors. Not verified. Your opine. KTFA via Clare: Will Agreements With International Banks Contribute To Solving The Monetary Problem In Iraq? ARTICLE: Follow-ups... Economic researcher, Ziad Al-Hashemi, confirmed on Friday that the agreements with the banks of the Emirati First Gulf, Turkish Labor, Singaporean Development & others will not end the monetary problem in Iraq. Al-Hashemi said in a post on the “X” platform followed by “Newspaper”, that “it is expected that these agreements will provide multiple cash alternatives that will help the merchant.” Iraqis can transfer their trade funds quickly & flexibly and reduce dependence on the Dollar in foreign transactions.” He explained, “these agreements will also help reduce the demand for the parallel Dollar by attracting the segment of merchants who previously turned to the parallel Dollar in search of quick transfers away from the platform, its complications & delayed approvals.” He added, “However, the demand for the cash Dollar will remain high & the official Dollar will continue to be withdrawn & converted into a parallel Dollar by powerful parties that own huge amounts of Dinars & have no relation to regular or official commercial work & will continue to put pressure on the Iraqi economy to obtain the Dollar in all ways & means.” MarkZ via PDK: Forward & Upfront. ARTICLE: They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people. This is about all they can say without giving away to much. It is very exciting what we are hearing in Iraq. …The leaders are telling the people that they are about to have an imminent change coming to their valuations & to pay attention when they shop…Most people believe they are setting us up for the next few days. I believe they may be accurate…It is coming from many different angles and directions. Bruce The Goose via WiserNow: The New Rates On The Back Screens. ARTICLE: The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I’m just gonna go to this small mom & pop bank – You’re not gonna get the big rates. You’re not gonna get the rates that President Trump wants us to have…there’s a vast difference between the redemption center screen rates & that of the banks. Even the tier one banks are not a match up.
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Here's some articles of Dinarian interests... Bruce says the new ER is out in Iraq. They are hiding the rate from the world. No. Once the rate is out in-country, it cannot be hidden. Treat as rumors. Not verified. Your opine. KTFA via Clare: Will Agreements With International Banks Contribute To Solving The Monetary Problem In Iraq? ARTICLE: Follow-ups... Economic researcher, Ziad Al-Hashemi, confirmed on Friday that the agreements with the banks of the Emirati First Gulf, Turkish Labor, Singaporean Development & others will not end the monetary problem in Iraq. Al-Hashemi said in a post on the “X” platform followed by “Newspaper”, that “it is expected that these agreements will provide multiple cash alternatives that will help the merchant.” Iraqis can transfer their trade funds quickly & flexibly and reduce dependence on the Dollar in foreign transactions.” He explained, “these agreements will also help reduce the demand for the parallel Dollar by attracting the segment of merchants who previously turned to the parallel Dollar in search of quick transfers away from the platform, its complications & delayed approvals.” He added, “However, the demand for the cash Dollar will remain high & the official Dollar will continue to be withdrawn & converted into a parallel Dollar by powerful parties that own huge amounts of Dinars & have no relation to regular or official commercial work & will continue to put pressure on the Iraqi economy to obtain the Dollar in all ways & means.” MarkZ via PDK: Forward & Upfront. ARTICLE: They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people. This is about all they can say without giving away to much. It is very exciting what we are hearing in Iraq. …The leaders are telling the people that they are about to have an imminent change coming to their valuations & to pay attention when they shop…Most people believe they are setting us up for the next few days. I believe they may be accurate…It is coming from many different angles and directions. Bruce The Goose via WiserNow: The New Rates On The Back Screens. ARTICLE: The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I’m just gonna go to this small mom & pop bank – You’re not gonna get the big rates. You’re not gonna get the rates that President Trump wants us to have…there’s a vast difference between the redemption center screen rates & that of the banks. Even the tier one banks are not a match up.
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Newshound/Intel Guru Mnt Goat Since we already know the Iraqi Finance Committee, IMF and the US has told us they would give the “green light” to go ahead if this is completed, I really believe we may see the end to the RV saga very shortly and I mean VERY SHORTLY. I never thought I would predict this so soon but we may see the rate we are looking for even next week. But that is dependent on the budget passing without interruption. [post 2 of 2] 6-8-2023 Newshound/Intel Guru Mnt Goat So, what is thought to happen if the budget is voted and passed today? ... what I believe... is in the budget to make it an important milestone that is needed for the process of the currency reform to move to its final stage and that is the Project to Delete the Zeros and then followed by the Reinstatement on Forex. In the budget is the needed legislation for this effort (as required by law) and the money in the budget needed to follow through with it by the CBI. [post 1 of 2....stay tuned]
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Luigi found this article of Dinarian interest... Guru makes a bold statement with nothing to back it up with. Treat as a rumor. Not verified. Your opine. Frank26; There was a major announcement [ISO20022]…the closest thing to it [that announcement] would be for them to tell you what the new exchange rate is. This [ISO20022] allows them to tell you what the new exchange rate is. It’s extremely exciting.
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We're Going To Value Our Oil In Dinar At 45 Dinar To A Barrel.
Luigi1 posted a topic in Dinar Rumors
Luigi found these articles of Dinarian interests... The RV will be at or near 1 to 1. The new costs per barrel of oil confirms the rate. Treat as rumors. Not Verified. Your opine. 9-14-2021 Newshound Guru MilitiaMan: [Kazemi]...what did he do? He showed them the money. How did he show the money? He told you... we're going to value our oil in dinar at 45 dinar to a barrel. It's basic. It's that simple. He did it...Who did he do it with? He did it with the King [of Saudi Arabia], who is the head of what? One of the head honchos of OPEC...this is really powerful stuff. It's effectively going to be a global situation. It's not going to be just about Iraq anymore...all boats rise with the tide and here we are... 9-14-2021 Newshound/Intel Guru Petra: What happened last week with the oil money. Everybody know about the Petrodollar [Oil based on the US dollar]...they announced they had calculated the oil revenue in dinars. That was huge. That is an indication that they had de-pegged from the U.S. dollar. The fact that they calculated the rate...is very very exciting. I think that's a major major move last week. -
Luigi found these articles of Dinarian interests... It looks like Iraq has a new RV rate. Confirmed but rate change will not be made public just yet. New estimated change $3.31 or higher. Treat as rumors. Not varafied. Your opine. Militia Man: Prospects for Financial Development and Existing Challenges" Quote: "...the issuance of the new currency, which resulted in** raising the price of the Iraqi dinar and making it get out of the prison in which he lived during the era of the previous regime, and his purchasing power improved rapidly, with financial and economic measures taken." And that "the Iraqi dinar, after 18 years, has become stronger than many currencies of neighboring countries, and others, regionally and globally, with the availability of a monetary block that is good compared to the Current circumstances..." Let that start to sink in... The issuance of a new currency...One where they raised the price of the IQD... But be sure, imo...they are telling us what has been done and in my opinion to be exposed...imo! Intel Guru MarkZ: [via PDK] [Is this our lucky day?] I sure hope it’s our lucky day. There is a lot going on. Was the budget in the Gazette Saturday…. NO. There was an announcement that the budget was passed in the Gazette on Saturday with commentary…but nothing official. There were articles this weekend from Iraq that referred to the RV of the Dinar in “past tense”... This is important. They refer to the dinar as “The strongest Currency in the Region”...wow…Kuwait has been the strongest currency in the region recently at a rate of about $3.31 to the USD.
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Luigi found this article of Dinarian interests... We will know the new IQD rate this Saturday. Treat as a rumor. Not varafied. Your opine. From the Dynamic dual, the "A" Team...Judy Lyington & Bruce The Goose... Judy Note: According to our Military Intel Contact Bond payouts began on Mon. 8 March. On Tues. 9 March all liquidity was released, while from Wed. 10 March ZIM and other bond redemptions were being paid out – that would continue through Sun. 14 March. The Military Intel Contact said Tier 4B notification would take place by Sat. 13 March. Bruce reported that his info pointed to a Mon. 15 March notification and Tues. 16 March start for Tier 4B. We would have 15 days to do exchanges and redemption until Wed. 31 March. The Tier 5 general public would receive the new international rates on Thurs. 1 April. Also on Thurs. 1 April the debt jubilee NESARA / GESARA debt repayment packages would begin paying off all past federal debt classes in the US, internationally and in multiple countries. Thurs. 11 March 2021 The Big Call, BruceThe Goose: Sat. 13 March new Iraqi Dinar rate would be made known Sun. night 14 March at 9pm EST the QFS would be fully integrated so as to be traded internationally and pegged to the USN – the first roots of NESARA. Mon. 15 March United States Treasury Note (USTN) the new currency of the US would be released – same date as direct deposit of Stimulus check. 1. They asked that we take no more than $500 in USTN at the time of our exchanges. 2. This all pointed to a Mon. 15 March notification and Tues. 16 March start for Tier 4B. 3. Notification to bond sellers released Mon. 15 March night – Tues. morning 16 March. 4. 300 Prosperity packages would be delivered after sunset tonight Thurs. 11 March. 5. Notifications likely to be Mon. afternoon 15 March to Tues. morning 16 March. 6. We would have 15 days to do redemption, to be completed by March 31 so that Tier 5 general public could receive the new international rates on Thurs. 1 April.
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Luigi found this article of Dinarian interests... From the throat of The Goat. Treat as a rumor. Not varafied. Your opine. MNT GOAT: Oh yeah, the budget has a new rate in it… It’s the new de-valued rate of 1450…Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). This could happen suddenly after they pass the budget. I doubt it will but let’s explore it…the strategy of reducing the value of the dinar has cut their deficit in half. But what will happen to it when and if they raise the value of the dinar to $1.45? It will explode but can they handle this with proposed loans from the IMF? Time will tell what they do.
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Luigi found these articles of Dinarian interests... MilitiaMan believes the new rate will come out at $1.44. Treat as rumors. Not varafied. Your opine. 1-26-2021 Newshound Guru MilitiaMan: there was an article that came out [In December]...that said Baghdad was forced to devalue their currency...by the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46. Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue! IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value... 1-26-2021 Intel Guru MarkZ [via PDK] [RV in March/April? Your opinion?] I don’t think we will make it until March. I don’t think that is a possibility. The implosion is sooner. They have created a monster and the spiral is picking up speed exponentially. 1-26-2021 Newshound/Intel Guru Petra: ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we're just waiting on the rate. Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour... 1-26-2021 Newshound Guru MilitiaMan: ...We see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...
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Luigi found this rumor of Dinarian interests... Let's hope The Goose is right this time. He claims the Budget was read three times & is in Gazette. If true, Iraqi citizens would see & know the new rate. Treat as a rumor. Not varafied. Your opine. Judy Lyington & Bruce The Goose: Iraq had read their Budget. They did read the Budget three times. They did that. Our understanding. It was read three times & would appear in their Gazette. We did not get confirmed it made it into the Gazette. May had made it into the Gazette & be held back. So we didn't see it. If we did see it...we would see the actual value of the Iraqi Dinar. And that is something they held back from us for quit a while. They are operating on different rates on Qi cards for Iraqi citizens & dual citizens & so on. Bottom line...it looks like the Budget was passed. It looks like they have a new rate. It was supposed to go up this past Sunday to be traded internationally. I can't tell you it absolutely happened but it was supposed to. We also heard China no longer accepts Fiat currencies especially the USD. Our new Dollar or USN, our asset backed Dollar is supposed to had been traded on FOREX between banks as of last Sunday night about 9:00 PM.
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Luigi found these articles of Dinarian interests... A Veteran's Day Christmas? Merry early Christmas. Treat as rumors. Not varafied. Your opine. 11-11-2020 Newshound/Intel Gurus Judy Lyinton & Bruce the Goose... 1. Redemption Center was off tomorrow, but on 40 min. call for Thurs. 12 Nov. 2. Iraq Investment Law contains the in-country rate and was supposed to pass on Thurs. 12 Nov. 3. Iraq was to pay out their Qi Cards to citizens with a significant increases on Thurs. 12 Nov. 4. Payouts were supposed to be paid out between 8-9 pm Wed. evening, Iraq time. 5. A source was calling Wed. 11 Nov. Christmas Eve, and Thurs. 12 Nov. Christmas. 6. Some announcements were to come out starting Veterans Day Wed. 11 11-11-2020 Newshound/Intel Guru Mnt Goat ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them. 11-10-2020 Intel Guru RayRen98 Monday's banker's meeting results: They were told that the "exchange madness" should subside by (or before) Thanksgiving! 11-10-2020 Newshound/Intel Guru Petra So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries...The key point is the sense of urgency now being presented that they must get this law passed. Why? Well, first of all the citizens are irate and want their money...But look what else is happening with all this focus on the Finance law...Netherlands coming into Kurdistan...SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture. The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure... South Korea getting in the game and now we know China is engaged. All at once....why? (wink) [post 1 of 2....stay tuned] 11-10-2020 Newshound/Intel Guru Petra Now, the CBI is opening a branch in the new Port of Abu Flus...wouldn't that make a statement of being International? So many great things are happening and now they are in a hurry. IMO, it is because there are performance clauses in the agreements that require an international rate...IMO. So, what is the timing of the vote. ..it's first on the agenda, not second, or third...FIRST! So when will they pay salaries? ...things are moving quick as the citizens need payment and the CBI needs liquidity. Secondary markets...here comes Iraq!!! All IMO! [post 2 of 2]