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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Al Sudani is on TV news Channel One saying the best and the only way to improve the electronic payment system is the CBI should remove the three zeros, print the new currency and give us a one month period to exchange our currency. This will show the power of the dinar over the dollar...He also said this will get rid of citizen holding cash and any smugglers and money laundering. FRANK: ...That's what they're about to introduce to you, your new exchange rate to match your lower notes...the lower notes will only work with a new exchange rate. I can't believe they keep saying this to you constantly every day...You are within arms reach...One month...I believe they'll give you longer than that. Outside with us it should also be a longer time to exchange...This is only Frank's interpretation of what Sudani said on TV - NOT necessarily what will happen. RON Mnt Goat We are still waiting for the CBI’s measures to take hold to control the parallel market rate and then so they can go ahead and raise the program rate one more time, as I am told by my CBI contact is still going to happen...we must just sit tight and let them work through these issues of the parallel rate. The CBI will get it under control. As you know Iraq doesn’t work like Speedy Gonzalas... Tishwash Article: "An international desire to invest in Iraq and three countries hold meetings in this regard " Quote: "The meeting came out with many decisions that were approved, including enhancing intra-trade, liberalizing trade in goods, and welcoming Iraq’s accession to the World Trade Organization."
  2. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article: ”South Korea confirms: The volume of trade exchange with Iraq is increasing as a result of security stability" Clare Article: "Saleh: Iraq is experiencing high price stability and the decline of parallel market noise " Sandy Ingram Article: "Iraq's central bank revokes Iran's Bank Melli operating license" This article tells us the US is serious about not allowing Iran to have access to US dollars. It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve. Pimpy ...You don't need to go to a Redemption Center...I bank out of Wells Fargo. I went in there, talked to my manager. He said this if the exchange rate is very large and you end up making a lot of profit off it, Banker: 'All you got to do is call, let me know when you come in or just walk in, wave to me so I see you and tell me that you're coming to exchange your currency. We will go ahead and run it through the machine to make sure it's not counterfeit...once we say it's all good we deposit it directly into your account.' ...They don't ask for a receipt. They don't ask where you got it from. They don't ask you about any of that... Militia Man Iraq is moving towards going into a market economy...it's quite obvious...Tensions are the trade lines between Egypt and Jordan because of the Red Sea. There's been some chaos going on with different factions disrupting trade...Iraq's Development Road Project Article Quote: "Iraq supports an alternative to the international transport lines that deliver good from the East to the West." Everything's coinciding at this time with the major international transport companies coming into play... Frank26 [Iraq boots-on-the-ground report] FIREFLY: So far we are not seeing the lower notes but they talk to us about them every day. They just talk to us about them and why we'll need them. FRANK: They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after. I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can. yada Question: So i'm hearing the lower notes still not out yet? how does this timing line up with what we want? does it happen before or after or the same time if rates are already up and waiting? yada: when the rate is released the lower denoms will have value and released afterwards. Almost simultaneously.
  3. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article: "The central Bank determines the entities covered by obtaining their remittances in dollars starting Tuesday" As we all know...Iraq decided to de-dollarize. They're no longer going to use the dollar. Quote: "Central Bank of Iraq specified the parties covered by obtaining their foreign transfers and cash and dollar currency starting from January 2nd..." They are definitely going to drastically reduce the use of the US dollar. Frank26 Question: "What would be the punishment for using the dollar after the 1st?" First time a big fine. If you continue, a bigger fine and the third one, jail. Goldilocks Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries. See: CBI.iq
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Article "What is the relationship of the US Federal Reserve to the federal budget?" Quote "The Federal Reserves are still in control of the financial budget...he says the matter will end in two weeks." Two weeks? That's the third time I hear two weeks. Sunday when they were at the banks, Monday when they gave us the report and then today...The article is saying within 2 weeks the problem they've been having with their money...(should be resolved..!)
  5. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy The reverse of the Authorization for Military use that can actually be done by next week. I'm looking forward to that because I'm curious to see how that's going to work out, how that affects the sanctions that are against the currency of Iraq. Because if we can get those reversed that's going to be a major step for Iraq and Iraqi dinar... Walkingstick The tender that put Kurdistan and Erbil, the last remaining banks that are outside the reform process, inline... The tender for the currency and coins has been met per request, meaning the needed currency and coins, the count and the value, for the release of the new exchange rate has been fulfilled. Suzie I would like to think this "Jolly Farm's" ride is about to come to an end soon. With all the meetings with the UST, WTO, AMF, travels back and forth between countries, contracts being signed, countries pouring in to do business, Iraq to be the leader in the middle east and so on and so forth, this cannot drag out...I'm personally looking for this soon, not months down the road, as international business, if all true, won't stand for it. Nader From The Mid East The HCL they start payment tomorrow and it goes all the way to 28th to 8th of October for 10 days. They're gonna pay people. MarkZ There are a number of articles and comments that we are to expect some kind of announcement out of Iraq on Tuesday…on how they plan to handle the exchange rate. Perhaps this means they are still fighting the rate in the parallel market…or perhaps it is our full blown revaluation. But we (who's the We) are expecting some kind of announcement on the value of the Iraqi dinar to the US dollar. Militia Man Al-Sudani came home from the United States of America. He showcased his presentation. He did it very very well, professionally, turns out people felt he was a statesman all around the world. When it comes down to it are you going to do a tripartite budget at 1310? The answer is probably 100% IMO no...
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article "Sources: Al-Sudani will participate in the United Nations General Assembly next week" Pimpy I'm really excited about the future for Iraq...I see an economical boom in the future for Iraq...It's going to be sometime around 2025, but that doesn't mean the Iraqi dinar isn't going to go up, it's just not going to happen overnight...It's going to go up in increments... Militia Man Al Sudani was denied access to come to...the US because he had three things to get done. And now he is scheduled to be in the U.S. on the 20th which is Wednesday. I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate. Frank26 The CBI had a meeting with the United States Treasury...The CBI got their butts chewed out in front of Sudani. In less than 24 hours all the nonsense they were complaining about has been wiped out...
  7. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON ToyVP Article: "Iraq rises to 49th in global economies ranking for 2023" Quote: "Iraq has climbed to the 49th position in the list of the world's largest economies for the year 2023, a notable advancement from its 52nd rank in the previous year, as per a report by the International Monetary Fund (IMF)...Iraq has secured the fourth spot among Arab countries for the second consecutive year." Frank26 This monetary reform is taking the IQD to places of international affairs that are no longer sanctioned. The IQD they say will be king as the USD steps back in the banking structure of Iraq and now in the whole Middle East...Then Alaq caps this report by saying we are increasing out capital. What do you think that means? That means they are going to increase your currency count with new lower denomination notes...Doesn't get any better than that. Samson Article: "Iraqi-American" judicial negotiations to extradite those accused of "theft of the century"
  8. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Sandy Ingram Article: "CBI Governor Receives World Bank Delegation" The Central Bank of Iraq received high-ranking World Bank delegation headed by the Vice President of the World Bank for the Middle East and North Africa...They discussed the Central Banks of Iraq's money transfers in compliance with International standards... Hopefully, positive movement will result from their meetings.
  9. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article Quote: "Iraq prepares for the arrival of millions of foreign visitors and allocates 15,000 items to secure the fortieth" As you can well imagine this is going to be a huge boost for the Iraqi economy. Samson Article: "The US ambassador tweeted I met with representatives of the World Bank to support the efforts of the Iraqi government" Frank26 The fear that they could steal this new exchange rate /currency is no longer that strong. Sudani is dealing with corruption. When he's done with corruption we will have the new exchange rate. There's no other reason not to have it. Militia Man [Reference Clare's Iran Article below] If they released the funds to Iran there's something going on. If sanctions have been lifted there's a reason for that...We're going to find out really quick what that really truly means...The most important situation to me is they are going to release billions of dollars and they already begun that process to do so... Guru Clare Article: "7 times more.. Iran announces the release of its money withheld in Iraq" Quote: "6 billion dollars of Iranian funds frozen in South Korea will be released, along with a large part also of Iranian funds in the Iraqi TBI Bank," noting that "the first stages of the process of releasing Iranian funds in European banks have begun." [Reposted]
  10. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick There is no delay. The process of the monetary reform right now is to clean the CBI...the government of Iraq of corruption and it is being done at a very fast pace... Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are showing us on television how they are arresting the corrupt in...high up positions. We are seeing the former Oil Minister and several others that are being arrested and they still have warrants out for the former prime minister... FRANK: There's a lot of cleanup going on in your country and you see it...Which former Prime Minister..? Hope it's Maliki..! Militia Man What are we looking for? For them to spend the money [from the budget]. If they haven't spent the money they don't have it yet.
  11. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Article: "Development Fund.. a step for economic advancement and investment revival" This article is packed with data! They are talking about the "nucleus" of the projects that will get Iraq into the real world of infrastructure build out, to get the development project off the ground and into to the private sector...It is all about show time...The costs associated with building networks of industrial cities, infrastructure, etc.. It is going to be massive and effectively far more cheaper once they adjust their currency to reflect a real effective exchange rate.. Amazingly cheaper IMO... Mnt Goat the BIG, BIG news...I Quote: “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the dollar.” Actually “officially”...Iraq has been “fully” released out of Chapter VII. So why does this advisor say otherwise? ...the US won’t let Iraq get out their control of the billions of dollars of oil revenues flowing through the NY Chase Bank. That is really the issue...So, what situation does this put us in for getting the RV? [Post 1 of 2] Mnt Goat Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The mere fact that we are seeing an article like this one tells us the pressure is building to let go. This may take some actions from the UN to force the US to let go. They will also have to let go of OFAC sanctions on the dinar, which are still be imposed on it. If the constitution is fully implemented and the Pillars of Financial Reform are completed, we may see the RV and the Reinstatement. [post 2 of 2]
  12. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 The CBI is talking about the American dollar... Look, stop using it. If you stop using it you don't have to worry about the exchange rate of the American dollar verse the Iraqi dinar...The value of the American dollar will drop like a meteor in the ocean. If you stop using the American dollars...the value of the dollar will go down and the value of the Iraqi dinar will go up. Common sense...! MarkZ Article: “The Text of the Baghdad-Kurdistan agreement on the implementation of the budget.” This is a massive move forward and it looks like they have worked through the last of the HCL hold up stuff. Money and agreements- looks like things are moving. Clare Article: "Parliamentary address to Al-Sudani calling for changing the head of the Central Bank (document)"
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man Do we believe they're gonna fund projects at 1310 to 1300 or even 1320? Absolutely not. I don't think anybody believes that because the math doesn't work. Frank26 When the dollar rate goes down the dinar automatically goes up. It's reciprocal. It's the opposite. It's a teeter...totter. It's equilibrium to balance things out... Kaperoni Until Iraq diversifies their economy, gets away from oil dependence, becomes an exporting country, nothing is going to happen with the dinar. But they now have a 3-year window to accomplish this. So we watch and wait. Militia Man Article: "Prime Minister Mohamed Shia Al-Sudani confirmed on Saturday that the development road project will turn Iraq into a country open to the world." It sure looks like the the PM is set to take Iraq into the international world of business and commerce. The "Development Road Project" is no small task. It is going the be a regional and global issue from here on out... Nader From The Mid East We're going to be the first one in the world/biggest seller in the world of oil. We can tell you we're gonna own the most gold. We can tell you we're gonna own the most reserve...It's true but the true story is are we sovereign yet? We are not. You know what you do? You gotta ask your government to give us our sovereignty 100% and you'll see things will change any minute. Walkingstick The HCL is a number of laws within a law...there are many parts and they all equal a new exchange rate. The new exchange rate is the reason for the proper distribution of the proceeds to the citizens from the HCL rights. The distribution of the HCL is a line item. The New exchange rate is a line item...
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man We've all been waiting for the potential of Iraq's currency to get to the Forex...ATFX is a global leader in online trading. They celebrated...today's launch of its operations in Iraq...I think the Azure bank is going to be a market maker for part of this...They not only trade currency pairs but they do precious metals...energy...indices etc. Everything is coming to a head that they're going to be able to do Forex trading. They are openly talking about it. Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are gong to be giving instructions on the budget all week prior to it going live after EID. FRANK: This is the monetary reform education at its highest point... MarkZ Lot of international stuff happening in Iraq- Which doesn’t make much sense for a country without an international currency. Article came out- “ATFX Launches operations in Iraq with Asure bank” They certainly act like they are international...It is clearly showing us where they are at and progress... Walkingstick ATFX, pretty good huh? This is not big. This is immensely huge...ATFX is an online exchange company that trades gold, silver, stocks, crypto, foreign currency, indices. This is impressive. Pimpy Article: "With its entry into force A high source rules out budget challenge" Even though the budget gets passed before it gets posted...members of parliament have an opportunity to challenge it but once it's posted in the gazette that's it. They expected some challenges but that did not happen. Clare Article: "ATFX Launches Operations In Iraq With Ashur Bank Partnership" Quote: "UK-based online trading and foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq's Ashur Bank." Frank26 [Iraq boots-on-the-ground report]FIREFLY: The CBI says the ATFX has been launched Today in Iraq for the very first time. It's up and running. It's online and it's trading. It is a foreign currency exchange center. MarkZ Article quote from Guru Nader: “The federal general budget 2023 which is based on methods of financing the budget in Iraqi dinar in exchange for oil revenues in foreign currency mostly!!”. What they are screaming at you is “Dinar For Oil” program with the US …. This is how they will handle the revaluation...I went woohoo. *** Wednesday Midnight Opinions *** Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Soon...the projects that are in the budget will start to be funded. FRANK: Not at a program rate! FIREFlY: And it's going to be retro to January 1st 2023. FRANK: And so will the new exchange rate be retroactive to January 1st. Mnt Goat Article: "GOVERNMENTAL ADVISER: INTERNATIONALLY APPROVED FINANCIAL INSTRUMENTS WILL HAVE THEIR CORRECT BIRTH IN IRAQ" Quote: "The financial advisor to the Prime Minister...confirmed that it will be a place for the activities of selling and trading governmental and private securities, similar to what exists in the world, pointing out that the importance of the financial center in Iraq announced by the Central Bank of Iraq." ...this is one of these WOW!!! news articles. Do you know what this means? This supports the FACT there is now no turning back. They must now liberate/reinstate the Iraqi dinar to FOREX and other global currency exchanges. Militia Man Iraq 's going to be just like Singapore ... London, Frankfurt, New York. Those are the things you don't get at 1310. Everybody out there who thinks it can work at 1310...They're not going live at 1310, 1186, 1470. They never have done it. Why? Because it doesn't work. Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar is jumping just like they said it would happen during EID. It is jumping because of the need of the dollar during these 6 day of the holiday and we don't have any more auctions they are closed. So the demand for the dollar is up. They told us not to worry it will change back after the holidays...FRANK: For them to tell you the exchange rate of the dinar will climb after the budget is introduced that's not a clue that's the monetary education straight to you. Nader From The Mid East An article I read earlier about the exchange rate in Iraq. They published it today. They didn't put how much but the good news there is there is a new exchange rate. Anybody who hold the Iraqi dinar they're going to make a little money. I'd say must be between 13[00] and 1000. Get ready for it. Walkingstick The budget is odd. It's weird. It's a break in the pattern. We have a budget, we really should have a new exchange rate to make this budget make sense. So this is why I find it to be odd, weird, not normal for this budget to come out not making any sense because one of the first line items is the vote on a new exchange rate...
  15. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Al-Kalabi: The President of the Republic did not sign the budget in order to study it well, and he has "15" days" Quote: "he has a validity of 15 days, and if it is not approved this week, it will take place after 15 days, 7/1, the budget will be launched, God willing.” Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said when the new security laws are passed that will allow the private sector to explode and Iraq could legally go international with the currency or may float or to reinstate. But parliament is on a month break... FRANK:...Security law does need approval. It will happen. There's a good chance it'll be passed after they open the budget but remember Sudani can always call parliament back early if he chooses. I believe they're going to use the full 15 days. Clare Article: "urgent... The President of the Republic ratifies the budget law" Quote: "Today, Wednesday, the President of the Republic, Abdul Latif Rashid, ratified the Federal Public Financial Budget Law...approving the budget is a turning point for the government to implement its program, which includes securing the necessary needs of citizens, providing basic services such as health and education, rehabilitating the infrastructure and initiating vital and strategic projects that will positively reflect on the reality of the situation daily life of the citizens."
  16. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy Article: "What does JPMorgan's willingness to support Iraqi banks mean?" This is not good...this is like jumping into bed with the devil...What they're trying to do is force Iraq to use U.S. dollars along with anybody else that deals with the IMF or the World Bank...it doesn't mean we won't benefit from it, for those who are invested in the Iraqi dinar, we will. But I'm thinking more for the Iraqi people. Frank26 The CBI came out and said we have $111 billion dollars in federal reserves...they also said we have 132.7 tons of gold. So $111 billion in hard cash in foreign currency for their monetary reform and 132.7 tons of gold for their monetary reform. Uh, no! It's a lot more than that!! What they have to support their monetary reform is outstanding. It's astronomical. It's huge...the futures are not even calculated in these numbers. There are untapped assets that are out there right now. MarkZ Article: “Iraq’s Parliament approves budget, ending dispute over oil revenue sharing with Kurdish region” This is huge. Oil sharing with Kurdish region is the HCL and one of the major steps we have been waiting for...What I am hearing from the streets in Iraq is that they need a day or a couple days for the prices to stabilize…and I should have an update as to what they are saying “timing wise” soon. A lot of very positive stuff occurred over this weekend. Nader From The Mid East After today what is the next step? The next step is the currency...Forex...so be ready for it...next week is going to be busy. Clare Question: "Once they announce the Budget completed, does that give us the HCL? or is that a whole separate thing we need to deal with?" THE HCL IS IN THE BUDGET...THERE IS AN ARTICLE ...THAT STATES THAT. THE BUDGET WILL BUST EVERYTHING WIDE OPEN... Kaperoni It appears tonight that Iraq Parliament has voted on the budget for the next 3 years. Excellent news. This new tripartite budget is critical to Iraq diversifying their economy over the next 3 years. I believe this is how we will see the dinar rise in value as a result of Iraq's diversification away from oil and economic growth. Babysmom THE BUDGET WAS FINALIZED...IT WAS FINALLY APPROVED...THE FINALIZATION OF THIS BUDGET IS LEGENDARY. THE BUDGET WILL NOW GO TO THE PRESIDENT OF IRAQ FOR HIS SIGNATURE AND THEN HE WILL SEND IT TO THE GAZETTE TO BE MADE INTO LAW. THE CBI CAN CHANGE THEIR RATE ANYTIME BETWEEN NOW AND THEN... ***** From Sunday Midnight ***** Militia Man The world's largest bank is coming into Iraq. They're doing a digital transformation so they can handle this new growth, reconstruction effort we've been talking about. We can clearly see it's happening before your eyes. We should be really pretty pumped about this. Frank26 Question "At this point can the CBI flip the switch?" At any moment they can flip the switch. At any moment. Samson Article "The House of Representatives held its regular session to complete the vote on the draft financial budget law." Clare Article "urgent.... Parliament approves the tripartite budget" WOOHOOOO!!! THE BUDGET IS FORMALLY DONE! Quote "Article 68 states: This law shall be published in the Official Gazette and implemented as of January 1, 2023."
  17. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson Article "The House of Representatives held its regular session to complete the vote on the draft financial budget law." Clare Article "urgent.... Parliament approves the tripartite budget" WOOHOOOO!!! THE BUDGET IS FORMALLY DONE! Quote "Article 68 states: This law shall be published in the Official Gazette and implemented as of January 1, 2023." Militia Man The world's largest bank is coming into Iraq. They're doing a digital transformation so they can handle this new growth, reconstruction effort we've been talking about. We can clearly see it's happening before your eyes. We should be really pretty pumped about this.
  18. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ There isn’t a back wall date but I know what their targets are. And, things appear to be well on track for meeting them...My bank folks are expecting a very busy week this week and weekend. They very much believe it will happen this week. Somewhere over the next few days. I hope this is accurate. Angel1 The IMF Report - It was a great report. I think there were some negatives in there. The reason for the negatives is because ...they are implementing some massive changes and because of that you're not going to have a bunch of great numbers...They went from a multi-currency practice to a single currency practice. Not only that, they went digital. All of this is necessary for their new currency, for their RV, for them to go international...I saw nothing bad in that report. Recommendations the IMF gave are fantastic...Iraq is already ahead of the game on it and I'd even say rounding 3rd base on a lot of those recommendations. So far so good.
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Saleh: The insurance law allows employees to transfer to the private sector with all their pension rights" Quote: "...the approval of the Social Security and Retirement Law for Workers...has become one of the most important pillars of building the social market in Iraq, pointing out that the law will allow state employees to transfer their full pension rights to the private sector and vice versa..."
  20. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "The European Bank for "Reconstruction and Development" is expanding in Iraq" Quote: "The European Bank for Reconstruction and Development announced, on Thursday, the shareholders' approval of the bank's expansion in Iraq and Africa, while confirming a study of a proposal to increase the capital by between three and five billion euros." Militia Man Parliament is likely to vote on the budget law next Saturday. We heard that they were going to possibly do this on the 10th. Then they said they possibly do it on the 17th and then...they moved it to Saturday...the 2023-34 budget is like a chess piece. They're moving them back and forth, back and forth - why? Because they're waiting on something...an exchange rate change. That's what I believe is happening. 💥
  21. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Article: "Anti-money laundering and terrorist financing scenarios" Quote: "anti-money laundering and terrorist financing systems have been prepared, which are compatible with the financial work environment in Iraq, and the agents of (Western Union) and (Money Gram) can adopt them as a minimum for their electronic systems". THE CBI HAS MANY PLATFORMS TO USE AS MECHANISMS FOR THE NEW EXCHANGE RATE & NATIONAL CURRENCY! MarkZ Article: “Port rehabilitation in Basra is complete- From Iraq’s Transport ministry” Funded by funds coming out of Japan. This was a massive upgrade to the port there. Guys- they don’t need ports like that in a third world nation. But they do need ports like that in nations that are moving products, consuming products…. This is another article showing Iraq is up and moving and it currency will soon follow...I am praying this is our week... Pimpy There is some chatter about there being a new rate inside the budget. Just so you know that every time they talk about a budget that kind of chatter comes around...Here's what I say to anybody and everybody that hears that rumor...First, stay grounded. Second, just because they say that, that doesn't mean it's going to be in there. It doesn't mean it's not going to be there but what we're looking for is for it to actually be in there.
  22. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ Article: “The governor of the central bank of Iraq receives experts from the international Finance Corporation“. They help nations do big projects…they see Iraq will be a massive player in the region and worldwide…. Iraq is moving forward on the world stage which means they need to have a more meaningful currency as well.
  23. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Clare Article: "Parliamentary Finance informs the leaders of the state administration of the latest developments in the budget" Quote: "...in the presence of Prime Minister Muhammad Shia'a al-Sudani, the 17th of this month, as the initial date for voting on the budget..." Finally..!
  24. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy When you go through the news in Iraq all of it is talk about the budget. When it's going to be done. When they're going to vote on it. What is the holdup. I think where people are misunderstanding is it's not just one year. They're not trying to vote for a budget for 2023. They're voting for a budget for 2023, 24 and 25. It's not that easy. The committee had the budget. They look over it, they make their adjustments, they then send it over to the House of Representatives who...put their changes they want, they send it back to the committee and it goes back and forth like a boring game of ping-pong. Sometimes it happens really quick and they agree on the same thing. Other times times it doesn't... they're going to keep going back and forth. Clare Article: "The Sudanese advisor comments on the return of the dollar's rise: gangs are the reason" Quote: "Salih...organized crime gangs took advantage of (electronic) travelers' cards. These gangs illegally and legally use citizens' passports in order to issue electronic cards and smuggle them out of Iraq in order to finance black transfers and smuggle money."
  25. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat ...The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now... they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May.
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