Mary B Posted October 25, 2020 Report Share Posted October 25, 2020 Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" 17:43 - 10/25/2020 Information / Special ... On Sunday, the Parliamentary Finance Committee described the federal government’s printing of currency without providing financial cover as a dangerous and wrong behavior. "The government of Prime Minister Mustafa Al-Kazemi does not have a vision for economic and financial reform," said Abdul Hadi Al-Saadawi, a member of the committee, in a statement to "Al-Maaloumah", pointing out that "the government made a big mistake by printing currency without providing a financial cover for it." He added that "printing the currency without providing financial cover is the most dangerous work done by the Central Bank of Iraq at the present time," noting that "this matter will lead to major economic problems." Last Monday, the Parliamentary Finance Committee announced the opening of an investigation to secure the government’s salaries for September, despite the Parliament’s lack of approval of the loan presented, indicating that its insurance is surrounded by doubts between withdrawing from the central reserve or printing other currencies. https://www.almaalomah.com/2020/10/25/501715/ 3 4 Quote Link to comment Share on other sites More sharing options...
Mary B Posted October 25, 2020 Author Report Share Posted October 25, 2020 A deputy calls for the central bank to announce the dollar sales bills in the currency sale window Sunday 25, October 2020 18:29 | EconomicalViews: 171 Baghdad / NINA / Member of the Parliamentary Finance Committee, Muhammad Al-Darraji, called on the Central Bank to prove its credibility and transparency by announcing the invoices and documents presented in exchange for selling the dollar in the window of currency sale, otherwise it will be a partner in forgery. Al-Darraji said, in a press statement, that "the dire financial situation, the weakness of imports, and the exit of the dollar from the country under the pretext of importing without customs imports in proportion to the volume of his sales contributed directly to the destruction of the country's economy." / End 5 https://ninanews.com/Website/News/Details?Key=864946 3 2 Quote Link to comment Share on other sites More sharing options...
Mary B Posted October 25, 2020 Author Report Share Posted October 25, 2020 Deputy demands the central bank to prove its credibility and transparency 6 hours ago 580 Today, Sunday, a member of the Parliamentary Finance Committee, MP Muhammad Al-Darraji, called on the Central Bank to prove its credibility and transparency in announcing dollar sales bills through the sales window. Al-Darraji stressed in a tweet on his personal account on Twitter, "The need for the Central Bank to prove its credibility and transparency and to announce the invoices and documents presented in exchange for selling the dollar in the window of currency sale, and on the contrary, it will be a partner in fraud." Al-Darraji added, "The dire financial situation, the weakness of imports, and the exit of the dollar from the country under the pretext of importing without customs imports commensurate with the volume of its sales contributed directly to the destruction of the country's economy." And his tweet concluded with the hashtag "Save our economy." https://takadum-news.com/نائب-يطالب-البنك-المركزي-بإثبات-مصداق/ 2 3 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted October 25, 2020 Report Share Posted October 25, 2020 Lower denoms? 8 Quote Link to comment Share on other sites More sharing options...
Donziman Posted October 25, 2020 Report Share Posted October 25, 2020 The only difference between us and them is we are bigger. We keep printing money every month. Soon a loaf of bread will be 5.00 dollars... 3 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted October 25, 2020 Report Share Posted October 25, 2020 They don’t mentioned what notes are they printing. I hope is the lower denomination notes. If not our wait for an increase on the dinar exchange rate will continue for many months. 4 2 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted October 25, 2020 Report Share Posted October 25, 2020 43 minutes ago, Officiallytook said: Lower denoms? Keeping the faith 3 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted October 25, 2020 Report Share Posted October 25, 2020 9 minutes ago, Laid Back said: They don’t mentioned what notes are they printing. I hope is the lower denomination notes. If not our wait for an increase on the dinar exchange rate will continue for many months. LB, We can only 🙏🙏 they are talking about LD's. Heck I thought they already had all LD's ready to go once the Green Light is given for the RV & RI 3 1 1 Quote Link to comment Share on other sites More sharing options...
Mary B Posted October 25, 2020 Author Report Share Posted October 25, 2020 Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" Editing date: 10/25/2020 18:14 • 98 times read http://www.alliraqnews.com/uploads/news/image/medium/story_img_5f95965546216.jpg [Baghdad-Where] On Sunday, the Parliamentary Finance Committee described the federal government's printing of currency without providing financial cover as wrong and dangerous behavior. Committee member Abdul Hadi Al-Saadawi said, "The government of Prime Minister Mustafa Al-Kazemi does not have a vision for economic and financial reform," noting that "the government made a big mistake by printing a currency without providing a financial cover for it." He added that "printing the currency without providing financial cover is the most dangerous work done by the Central Bank of Iraq at the present time," noting that "this matter will lead to major economic problems." Last Monday, the Parliamentary Finance Committee announced that an investigation would be opened to secure the government’s salaries for September, despite the Parliament’s lack of approval of the loan presented, indicating that its insurance is surrounded by doubts between withdrawing from the central reserve or printing other currencies http://www.alliraqnews.com/modules/news/article.php?storyid=102786 1 1 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted October 25, 2020 Report Share Posted October 25, 2020 50 minutes ago, Donziman said: The only difference between us and them is we are bigger. We keep printing money every month. Soon a loaf of bread will be 5.00 dollars... Depending on the the brand here in Arizona, it already is. [ 5 years ago up in the Bakken Oil Field in North Dakota, it was that and more. Of course they saw big money when the BOOM hit and all us Oil workers showed up.] The whole world is in world of Shyte. Its full of agenda driven Tyrants, Dictators and fervently passionate sycophants to their favorite political " ism" . . . the shots are being called by the insanely powerful, wealthy that own the UN, WB, IMF - it's a global Cabal. The masses don't recognize they're being manipulated. Table is tilted and the game is rigged. The masses are asses and doing their Masters bidding. The " Game " is being played out brilliantly Who knew the movie " Idiocracy " would turn out to be a 21st Century Documentary. 3 6 Quote Link to comment Share on other sites More sharing options...
FROSTYJACK Posted October 25, 2020 Report Share Posted October 25, 2020 Always SMOKE AND MIRRORS toward the end. With Daddy’s last drive by sending out that positive vibe. Seem right. 😎 4 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted October 26, 2020 Report Share Posted October 26, 2020 Lower Denoms have been printed a long time ago! Please don’t fall off a cliff on one article! 1 1 5 Quote Link to comment Share on other sites More sharing options...
Engine1 Posted October 26, 2020 Report Share Posted October 26, 2020 1 hour ago, Dinarrock said: Lower Denoms have been printed a long time ago! Please don’t fall off a cliff on one article! You are right, they have and I have some of those lower denoms 2 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 26, 2020 Report Share Posted October 26, 2020 3 hours ago, FROSTYJACK said: Always SMOKE AND MIRRORS toward the end. With Daddy’s last drive by sending out that positive vibe. Seem right. 😎 exactly....only one result we are concerned with and that's a change of rate and how we cash in...the rest is irrelevant until the rate changes 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted October 26, 2020 Report Share Posted October 26, 2020 38 minutes ago, Engine1 said: You are right, they have and I have some of those lower denoms they also have new coins..... 3 2 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted October 26, 2020 Report Share Posted October 26, 2020 4 hours ago, tigergorzow said: LB, We can only 🙏🙏 they are talking about LD's. Heck I thought they already had all LD's ready to go once the Green Light is given for the RV & RI Thanks for your input tigergorzow, It has to be the LD’Is Is the only way to give purchasing power to the people. 2 1 4 Quote Link to comment Share on other sites More sharing options...
3n1 Posted October 26, 2020 Report Share Posted October 26, 2020 1 hour ago, Engine1 said: You are right, they have and I have some of those lower denoms U been holding out engine 1 , did u write u have iqd denominations from the new series of notes below the 50 dinar 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted October 26, 2020 Report Share Posted October 26, 2020 Post pics please👍 Quote Link to comment Share on other sites More sharing options...
Artitech Posted October 26, 2020 Report Share Posted October 26, 2020 3 hours ago, Engine1 said: You are right, they have and I have some of those lower denoms Can you put a picture of them on here? JMHO Quote Link to comment Share on other sites More sharing options...
presence Posted October 26, 2020 Report Share Posted October 26, 2020 On 10/22/2020 at 2:21 AM, presence said: Thanks for the uplifting post Yota691 - and for all your devotion to this site over the years. Hopefully the ride will be over soon- and not a day too soon from my perspective. Thanks Mary B , for all of your posts- which have a tendancy to lift my spirit when it need dt most - The inertia itowards less corruption and a better life for the Iraqi citizens is definitely strengthening. There's no turning back - as forensic accountants have been hard at work for several years and audit trails now exist proving the historic extent of theft by th e CBI -and Iraqi government Everyone is responsible for their actipns - and in my opinion, it's just a metter of short time before the corrupt in Iraq (and beyond). will be held held accountable (anyone see 60 Minutes tonight?) Presence 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted October 26, 2020 Report Share Posted October 26, 2020 13 hours ago, Laid Back said: They don’t mentioned what notes are they printing. I hope is the lower denomination notes. If not our wait for an increase on the dinar exchange rate will continue for many months. That is for sure. 1 Quote Link to comment Share on other sites More sharing options...
Engine1 Posted October 26, 2020 Report Share Posted October 26, 2020 9 hours ago, 3n1 said: U been holding out engine 1 , did u write u have iqd denominations from the new series of notes below the 50 dinar Sorry not below 50 Quote Link to comment Share on other sites More sharing options...
Engine1 Posted October 26, 2020 Report Share Posted October 26, 2020 I would post a pic but the file is to big. I have 50, 500, 1000 and the big ones. Sorry if I was misleading, I thought 50 was small. 1 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted October 26, 2020 Report Share Posted October 26, 2020 23 minutes ago, Engine1 said: I would post a pic but the file is to big. I have 50, 500, 1000 and the big ones. Sorry if I was misleading, I thought 50 was small. 50's have been retired. No longer using. 1 Quote Link to comment Share on other sites More sharing options...
DWS112 Posted October 26, 2020 Report Share Posted October 26, 2020 15 hours ago, Mary B said: doubts between withdrawing from the central reserve or printing other currencies. Sounds like the low denoms 1 4 Quote Link to comment Share on other sites More sharing options...
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