RV UPDATE BY JEFF, 25 JULY

Jeff 

 President signed off on...the budget on June 27th.  I want to show you a pattern here...Issue number 4781 published in the Gazette on July 1st 2024...then...

they skip issue number 4782 and advance to 4783...published on July  8th.  We believe the Gazette issue number that is missing 4782...is actually the budget itself.  They just can't publish it in the  Gazette because right now it's being deemed or perceived as an unconstitutional law.   

Jeff 

 The budget is not posted in the Gazette.  The budget hasn't been implemented because it's unconstitutional...

Delete the zeros has nothing to do with the exchange rate.  Deletion of the zeros simple means removing currency notes with multiple zeros on them.

  There was a perception out there that the rate was going to change before the July 18th accession date to the World Trade...This was their 3rd accession World Trade meeting.  There's a 4th meeting coming in Q1 of next year of '25...Many thought Iraq would become a full member as of July 18th.  None of that happened.  

Jeff  

Some of you have said that parliament has nothing to do with this [the budget]...It actually does  because they unconstitutionally approved the budget and the budget's approval has everything to do with it.  That's the piece to the puzzle that is not understood.  

Article "Parliamentary law challenges the 2024 budget tables"  Parliament can only review and approve laws.  It was parliament that did these amendments making their steps or actions of approving the budget unconstitutional.   The courts possibly next week around Wednesday/Thursday declaring the budget itself as unconstitutional and overturning its  approval...  

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Jeff

  Article: "The 2024 budget will be returned to the House of Representatives and the reason is revealed"  

Iraq approved their budget on Monday June 3rd. I've known since June 4th Tuesday that the budget was unconstitutional...

I've stayed quiet since to let the news catch up.  I knew this immediately was unconstitutional.  I knew it was going to get overturned by the court, the whole time.  Now you're witnessing it.  The news is finally, a month and a half later, catching up...That's how far ahead we are...

Jeff  

  I told you guys the court would be overturning the budget because it is unconstitutional...I basically predicted the future for you.  It's getting close to happening.   They're most likely going to do this next week. 

 Article:   " Legal:The Federal Court will vote on the unconstitutionality of the budget table"   I told you the budget is unconstitutional.  I told you nothing was going to happen to the budget.  As you see I'm right.  The budget is getting overturned.  It is going to go back to an unapproved state.

  The central bank announced their 3rd strategic plan... They'll be increasing gold reserves...they also said they're going to offer...FOR READ MORE: 

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-jeff-1-may.html

The next big step in this is we want to see when Iraq will be amending their budget...They can amend it before or after the rate changes...

 This weekend coming up would be the historical anniversary date of when Kuwait reinstated their currency - March 24, 1991

 Iraq technically does not need to amend the budget if they're not changing their rate....

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-jeff-22-march.htm