"RV UPDATE" BY BEARDED PATRIOT, 26 MAY

  BEARDED PATRIOT

Family:

With all things considered, our revaluation could extend to early June, but the point is, it's suspicious for the reasons stated in this widely distributed all of a sudden mysterious source. There is legitimate Intel from literally the horses mouth that June was a best Target month of Dr. Shabibi.  The question is why?

Because Dr Shabibi said " the "project to delete the zeros with the rate change should be done at the beginning or middle of Iraqs fiscal year" FOR ACCOUNTING purposes! 

That being said, June 2024 is the end of the 2nd quarter of Iraqs financial accounting ledger.   

Hang in there everyone, the “END”of this financial saga will soon be at hand, IMO.  

BP

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-bearded-patriot-24-may.html

FAMILY:  FRIENDLY UPDATE……..

🇮🇶The Iraqi Cabinet is set to deliberate and APPROVE the budget law for this year in its upcoming session tomorrow TUESDAY. Mazhar Mohammed Saleh, Financial Advisor to the Prime Minister's office. 

Saleh indicated that the budget would be promptly forwarded to Parliament. However, "the deficit percentage in the budget is yet to be finalized."🤥🙄

The Sudanese adviser explained that "the percentage of deficit in the budget schedules is unknown, and will be determined according to the schedules that will be approved by the Council of Ministers, before sending them to the House of Representatives."

According to Law No. 13 of 2023, lists and schedules of the Tripartite General Budget Law should be submitted to the House of Representatives. 

PM Al-Sudani, Central Bank of Iraq Governor & President Barzani already HAVE the NEW DINAR RATE & are keeping the NEW RATE tight lipped & waiting until last minute (imo).

https://dinarevaluation.blogspot.com/2024/05/cbi-al-sudani-president-barzani-already.html

The last I heard was that Iraq is waiting on our USTN to be announced.

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🇨🇳🇮🇷CHINESE COMPANIES WON BIDS TO EXPLORE FIVE IRAQI OIL AND GAS FIELDS ON SATURDAY IN A LICENSING ROUND FOR HYDROCARBON EXPLORATION THAT WAS PRIMARILY AIMED AT RAMPING UP GAS PRODUCTION FOR DOMESTIC USE.

AN IRAQI KURDISH COMPANY ALSO TOOK TWO OF THE 29 PROJECTS UP FOR GRABS IN THE THREE-DAY LICENSING ROUND ACROSS CENTRAL, SOUTHERN AND WESTERN IRAQ, WHICH FOR THE FIRST TIME INCLUDES AN OFFSHORE EXPLORATION BLOCK IN THE COUNTRY'S ARAB GULF WATERS. REUTERS.COM/BUSINESS/ENERGY/… ...

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https://dinarevaluation.blogspot.com/2024/05/rv-update-by-bearded-patriotusa-12-may.htm