IMF Staff Concludes Staff Visit with Iraq

[6ly410]

Any more questions? Haha Go RV!!

[Officiallytook]

Tell the world 5yrs , but we'll do it in 3.

[6ly410]

 

[bkeiller]

Just now, 6ly410 said:

Using national currency needed for respecting state sovereignty, says Iraqi PM advisor

 

@6ly410 love your excitement about all this hubub. It's a welcome breeze of fresh air!

Cheers!

[6ly410]

champagnes on ice - it’s very obvious that is about to go down 

[6ly410]

Finally 

[6ly410]

again all the data supports Rv is imminent- they will not start spending at 1310 - again why wait till the end of the year?

[6ly410]

for real I believe this is about to go down based on facts what is going on in Iraq right now! Time is now imo 

[horsesoldier]

Big on talk as usual....how about REAL ACTION on this issue.

I stopped a very long time ago believing anything these people trot out for public consumption. At their worst they're pathological liars 

Action, good deeds, implementing positive reforms(RV) to help the country & it's citizens is what I look to.

20 years and counting & still without a globally recognized currency.

If by the end of 1st quarter 2024 no substantial increase to the rate exchange, I guess we can believe the CBI when the said no action to the exchange rate til '25.

Then what's the spin for Sudani's "hold onto your dinars they're worth more than dollars" gonna be ?? SOON, IN THE COMING DAYS and all the other worn out excuses. 

Bad day at Black Rock if these pin heads don't pony up on some long overdue promises 

[6ly410]

Horsesoldier - no more US dollars 01/01/24 how would that work if the dinar is not international by that time? Just curious on ur thoughts- thanks 

[6ly410]

and they did say they want to spend the budget now before end of year at 1310 u think? Thanks 

[6ly410]

and u are right Sudani did say the dinar is stronger…. Alaq also mentioned this year the delete 000 project is still a go…

[6ly410]

so maybe there is something about this budget spending that we don’t see yet? .. 

[6ly410]

just curious.. let’s forget about the past let’s talk about the now … with what currently is going on..

[6ly410]

Imo - we have a revalued dinar in the budget which is about to be exposed - right before 01/01/24 no more dollars … but let me know what u think 

[6ly410]

Did u guys see this report … I attach screenshot…

[6ly410]

The easing of global commodity prices, revaluation of the dinar, and continued price subsidies are projected to keep inflation in check. With the projected decline in oil prices and the expansionary fiscal policy stance, the fiscal balance is forecast to return to a deficit and the debt-to-GDP ratio increase. An expected influx of imports driven by the dinar revaluation and the significant increase in government expenditures will further weigh on the current account sur-plus, which at a projected average oil price of US$78.7/bbl from 2023 to 2025, is forecast to narrow in 2025.

[6ly410]

I repeat they will pull the trigger with budget spending that’s what i believe is happening 

[NMP2017]

And they've changed the exchange rate twice since 2020... to 1460 at the end of 2020 and to 1300 in 2023 So, so much for not changing the exchange rate for 5 years...

 

any day between now and 1 Jan 2024...24 Dec 2023 would make for an AWESOME Christmas present! 🎁 2nd to last Sunday of the year just like in 2020 😁

[6ly410]

2 minutes ago, NMP2017 said:

And they've changed the exchange rate twice since 2020... to 1460 at the end of 2020 and to 1300 in 2023 So, so much for not changing the exchange rate for 5 years...

 

any day between now and 1 Jan 2024...24 Dec 2023 would make for an AWESOME Christmas present! 🎁 2nd to last Sunday of the year just like in 2020 😁

[Longtimelurker]

3 hours ago, Theseus said:

First off back in 2020/1, an Iraqi Committee member said that they would not be changing the rate for 5 years. This was based on the implementation of the White Papers. So far everything that was stated according to the implementation of the White Papers has held. An RV in 2024 is not going to happen according to the Committee member. ( I have posted the statement before. If you want to verify the statement go find it.) When IMF gives Iraq go ahead, then and only then will they RV. Not before.

I believe they posted the same thing in 2014.

[tjokie]

Just to think a little outside of the box...I believe it could also be referring to an agreed upon forthcoming revaluation that has been determined and is simply awaiting implementation. JMO.

[6ly410]

It is game over imo - This thing is about to blow

[cody406]

1 hour ago, 6ly410 said:

It is game over imo - This thing is about to blow

Regardless of what happens in the coming days......weeks.....months......

I sincerely appreciate your diligence, tenacity, endless optimism, encouragement and countless news contribution.  You have been a light on this treacherous journey.  You seem pretty legit.    

 

 

lets bring this thing to an end!

Peace

[nannab]

Yup 8th ID that is exactly how my nights go.  Starting my 21st year