Militia Man
Article: "...secure a sustainable water future, develop irrigation systems, and address the impact of climate change on rivers, 'without disclosing its financial cost'." Why in the world would they not disclose the financial cost?
...If they told you it was going to be at 1310, would they be telling the truth?
Probably not...They're not willing to tell you what the value of the currency is...
What is Iraq supposed to do by law, commercial business, in what?
The dinar. They're not willing to tell you how much it's going to cost. I think that's a hint...Sustainable water for the future is most definitely going to be an issue.
Militia Man
Article "Iraq is the 9th largest buyer of gold in 2024"
If they clawed back enough money to help buy 100 tons of gold, man, there's been some heavy, heavy corruption. I'm assuming their recent income from non-oil revenues has had something to do with it as well.
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Militia Man
Article quote: "At this time there is no acute problem regarding cash liquidity"
There's no need to print new currency...They've yet to do anything different.
They spent about $50 million in printing currency and it wasn't triple zero notes. There's no reason for it. You can't spend $50 million while you're burning up money to print new ones, especially if they were perfectly good.
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The United States is going to say we're ready to go.
We're not playing games anymore...we're going to do it our way. Iraq either you're on board or you're not on board...No wonder those guys are barking...because the parallel markets are going to go away and fast.
They know what they need to do. Change the value of their currency and no one's going to want their [black market] USD. They're going to know the Iraqi dinar is going to be powerful just like Sudani said...
https://dinarevaluation.blogspot.com/2024/08/theres-no-need-to-print-new-currency-in.html
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