Saturday, June 29, 2024
Weekend News with MarkZ. 06/29/2024
"STATUS OF THE RV" , PART. 3, BY MNT GOAT, 29 JUNE
So sorry Mr /Mrs intel Guru…. no RV rate in the budget (Just as I have been telling you there wouldn’t be, also no RV to cover the deficit either…lol..lol..
And last I want to cover this stupid intel guru notion one more time. The notion that there is a new RV rate in the budget is silly and sad. Like I said way back in 2023 even before the budget was finalized that there would NEVER be an RV rate in any budget. Why? Because the Iraqi budget is based on the selling price of a barrel of oil and not their currency rate. Get it! Why is this so hard to believe me? It is like comparing apples and oranges. Get it? Budgets are based on revenues not currency rates.
Then there was the other stupid theory or rumors that the deficit of about 65+ billion was going to vanish because of the RV and the currency would be worth more, thus erasing the deficit. Again just more speculative bullshit without any sound proof or evidence of what is said. Oh.. but that sums up guru talk doesn’t it? Again, how stupid and only shows the ignorance of these so-called self-proclaimed intel gurus out there. No FACTS just RUMORS and they are not shy on taking your money either for their bullshit.
So, let’s look at the FACTS about the budget:
The “tripartite” 2023-2025, yes the three budget, is a flexible budget and I also have been saying this for over a year now since they told us this too way back in 2023. Why didn’t all you gurus just read the articles? Why do you have to lie to your audience or just make up the news? Are you really that dumb?
I am presenting again yet another more recent article on this topic of the “tripartite” budget to you today and they explain it yet even i more detail. This three-year budget has built in flexibility. They can spend the money or not. They can complete all the projects or not depending on if, and only if, the oil sales are as projected, and the price of oil stays at or above the set criteria as stated within the budget. Again, it says absolutely nothing about using any dinar rate increase (RV) to cover the cost of any deficit. In fact, the deficit is “not even real” since it is not fixed, meaning the budget is flexible. Get it!!!!!
Here is a snippet from the today’s article: and I quote ….
“The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the Federal General Budget Law No. 13 of 2023 (the tripartite budget) granted the executive authority high flexibility in implementing the state’s medium-term financial plan for the years 2023, 2024, and 2025.” – “Saleh told {Al-Furat News} agency, “In implementation of the provisions of Article 2/77 of the law above, which stipulates that the government shall submit financial schedules related to expenditures, public revenues, and the planned deficit for the fiscal years 2024 and 2025, in order to provide a flexible space that allows for the implementation of the general budget in an efficient and reliable manner.” In accordance with the constants stipulated in Law No. 13 mentioned above.”
...What can we investors do to help the RV situation?
We must now buckle down and pray and pray like never before for the success of Al-Sudani and his agreements with Washington are implemented. You do want the RV don’t you? Pray for Iraq and also the U.S. in that there are strong enough representatives in Congress and the Senate who will stand up and continue to fight to uphold the US Constitution and keep fighting this Washington corruption. Pray that that God’s Hand will intervene and save our great country. Remember you can say the Rosary daily or use the prayers and links I provided from the Auxilium Christianorum for your prayers. Folks your prayers so far ARE WORKING and God has heard your cries. Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open the final issues preventing the reinstatement are being dealt with one by one. Can you see it too. I am trying my best to help you see it. We don’t’ need this foolishness of this everyday / any day garbage intel. You think this is all just coincidental? God’s Hand is at work here. He has given Iraq his anointed leader Al-Sundani to help in this work. Even I have to sit back in amazement of what he has accomplished so far. Pray for him and all his success. It is June already and this month is proving to be a very significant month again.
"RV UPDATE" BY WOLVERINE, 29 JUNE
Fri. 28 June 2024 Wolverine
" STATUS OF THE RV: INFO OF CBI CONTACT: PROJECT OF DELETE ZEROS IS PLANNED FOR THE BEGINNING OF THE 3RD STAGE OF THE ECONOMIC PLAN" , PART. 2, BY MNT GOAT, 29 JUNE
STATUS OF THE RV
😊 Folks, its all the above article written in black and white to back up what my contact told me about the RV. It can not be any clearer.
My contact told me that the Project to Delete the Zeros is planned for the beginning of the 3rd stage of the economic plan. What does this mean. In fact, I did not fully understand it either until this article was published.
We learned through this article that that 3rd stage begins mid-year 2024.
Is Iraq ever completely on time?
We must give them a break since they are working against all odds in getting these reforms done. As we can also read in the news there is pressure against the economic reforms from Iranian politicians and seeded officials within the parties. It is an uphill battle for Iraq to achieve progress. So, the CBI may not meet their target for being right on time in June but even this summer sometime would certainly be considered “at the beginning of the 3rd phase since the phase extends out to 2026. Do you understand? Everything is not exact. They target and then they make the best of it. But they will do it, as I am told.
Yes, no different than what is now going on over in the USA with the democrats. Look at the democrats and some republicans too as deep state globalist. Their concentration is bent on manipulation of the system to their advantage and not about citizenship to preserve the US Constitution, values and way of life in America. They are not patriots but leaches of the system. So we see the same in Iraq and as with the USA we must also just ignore the lies and propaganda and continue to march onward with our goals and that is to bring the prosperity and abundance back to our nations, while weeding out the corrupt and bringing them to justice.
Even though it is close to the end of June I would certainly not despair about the high possibility of still seeing the project to delete the zeros and then we know the reinstatement will follow. So far there is no news out to the public about the swap out of the currencies. I would think we would have seen these types of articles already if June was going to happen.
The good news is we can see the huge efforts to get the ATMs installed.
My contact even told us again as well as a past article by the CBI that the ATMs are an integral part of the swap out process of the currencies. I explained why this is the case already in my last Newsletter dated 6/25. I suggest you revisit it again.
Okay, so we might or might not get the RV in June and so let’s not cry in our beer… lol.. lol.. lol..
One other point I want to say is we all should be just relaxing and watching the show in Iraq as they progress out of the war years.
If you have been in this investment and actually following the news diligently, you would have noticed the first phase of the strategic plan 2016-2020 is the period of the president Trump administration.
Although we all can say bad things in the Trump didn’t get the RV either, we can see that during his time it was not even possible if we look in retrospect and use our common sense. There was still the ISIS war and the repayment of the war reparations going on. So there was much progress in the direction we needed to see but there were these obstacles. Now we witnessed the second phase of the strategic plan they told us was 2021–2023 and the first half of 2024.
Did you see the momentum of the strategic plan pick up pace in this second phase? What do you think is going to happen in the third phase?
What else is news worthy?
😊Via Baghdad-Mail, Prime Minister Muhammad Shiaa Al-Sudani confirmed that Iraq has become a safe and attractive environment for capital from international companies. Of course he did and he would be overly positive. But his words are also backed up with what the advisor to the Prime Minister for Transport Affairs, Nasser Al-Asadi, who confirmed that the Iraqi government has adopted the latest legal systems to provide safety for the investor, pointing to the importance of the Singapore Agreement on Mediation for developing and resolving commercial disputes.
Don’t you think that if global capital is going to flow/invest into Iraq as they invest in the dinar they would need all these safeguards for their investment? Think about it! 😊
Making this point let me say this – If they screw us very long-term investors in the speculative purchases of their dinar, this would be a monumental mistake, a disaster for Iraq and they would suffer and never recover from it. Get it?
Also, the Central Bank will have to collect these dinars from us currency speculators from around the globe and they will have to put some sort of criteria on them for time spans as to when they will no longer exchange them or it will be much harder to exchange them.
These 3 zeros notes will not be valid currency forever. The CBI already told us around 10 years for inter-banking use not our holdings. So, get to the bank as soon as you can once you can exchange.
Do not hold on these notes thinking they are going to be a long-term investment. Once it RVs and gets reinstated the long-term part is over. Get it?
The “Singapore Agreement” on Mediation, and that this is an important step in developing and resolving commercial disputes in Iraq. The aforementioned agreement was approved on December 20, 2018 and opened for signature in August 2019. It represents an international category that aims to facilitate international trade and promote mediation as an alternative and effective method for settling commercial disputes. So, we see this is also needed for the WTO accession. Why would it not be? We can also see that it was approved way back in 2018 and so here is yet another example of the quite progress among other things too, that has already taken place during phase 1 and 2 of the three-phase strategic plan.
What else is news worthy?
The office of Prime Minister Muhammad Shia Al-Sudani announced today, Wednesday, the approval of next September as the date to stop dealing with the paper system and work electronically at customs.
The Prime Minister’s Media Office said, in a statement received by Al-Youm Al-Akhbariya, that “the Prime Minister chaired a meeting to follow up on the implementation of networking between border crossings, and to complete the implementation of the Customs Automation System (ASYCUDA).
Yes, we heard all about the ASYCUDA system and I talked about how this will increase revenues from the Customs and Tariffs.
No longer will they be able to steal these revenues or not collect them all, but now they will be tracked and collected electronically.
This is an internationally used system and it ties into FOREX for currency conversion of payments to dinar.
Oh.. but wait the dinar is not yet on FOREX. Okay so they did put a link on FOREX linking back to the “fixed” official rate of the dinar on the ISX.
But the dinar is not yet on a float and so this is to come and with full FOREX reinstate- ment. Remember they told us in many past articles that if they can control and properly manage the Customs and Tariff revenue they could rival the oil revenues. WOW! They are doing it! WOW! 😊.....TO BE CONTINUED
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