An organization estimates that there are 90 trillion dinars outside the banking system, 11 DEC

  An organization estimates that there are 90 trillion dinars outside the banking system

The “Future Iraq” Foundation for Economic Studies and Consultations counted the local currency circulating outside the country’s banking system during the year 2023, and said that it exceeded 90 trillion dinars.

The institution stated in a report that the value of the issued cash currency increased from 78 trillion dinars at the beginning of the year 2022 to reach more than 102 trillion dinars at the end of the year 2023, with a growth rate in the issued cash currency amounting to 9.24% during 2023 and a growth rate in 2022 amounting to 20%, an increase over the year. 2019 by 58 trillion Iraqi dinars, according to data from the Central Bank of Iraq.

The report added that the cash currency outside the banking system amounted to approximately 93 trillion Iraqi dinars, an increase of 30% compared to 2022, and it is the highest volume of funds existing outside the banking system throughout the history of the Iraqi banking system.

According to data from the Ministry of Planning, the population of Iraq in 2023 reached approximately 43 million people, representing only 60% of them over the age of 15 years. Therefore, the number of Iraqis’ population who are more than 15 years old exceeds 26 million people, and based on the Ministry’s figures Work, which indicates that the size of social welfare beneficiaries is approximately 14 million people, while the number of adult Iraqi citizens who are not covered by social welfare is approximately 12 million people.

The report indicated that, based on data from the Ministry of Labour, the Ministry of Planning, and the Central Bank of Iraq, it can be concluded that the average value of each Iraqi’s 12 million people hoarding money in the Iraqi currency “exclusively” is approximately 7.2 million Iraqi dinars per citizen, higher than the year 2019, which was approximately 4 million. Iraqi Dinar.

According to the Foundation, considering that each home contains at least two adults (a man and a woman) who are not covered by social care, the rate of each Iraqi home hoarding money exclusively in the Iraqi currency amounts to 15 million Iraqi dinars, which is a higher percentage than in 2019, which was approximately 8.12 million dinars. Iraqi.

The report noted that, based on these official figures issued by official bodies, every adult Iraqi citizen over the age of 15 (man and woman) who is not a beneficiary of social welfare was able to increase his money stored in Iraqi dinars by 1.2 million Iraqi dinars during the years 2022 and 2023 despite From the decline in the value of the dinar compared to the dollar in the local market, in addition to the rise in commodity prices and the rise in inflation rates by 4%, according to data from the Ministry of Planning.

Hoarded money is defined as the value of money that a person keeps away from the banking system, and does not invest it or buy his own assets, but rather keeps it away from financial institutions and exclusively in the Iraqi currency and not in other currencies.

The institution concluded in its report that some believe that these numbers may be illogical, and that Iraqis are suffering from a major shortage of funds and deteriorating social conditions. However, what is proven is that the Central Bank of Iraq has, in two years, exported more than 24 trillion Iraqi dinars, warning that more Of the 22 trillion Iraqi dinars that were hoarded by adult citizens and non-beneficiaries of social welfare.  link

Security observer: The Sudanese has an opportunity to negotiate with the Americans on one condition, 11 DEC

 Security observer: The Sudanese has an opportunity to negotiate with the Americans on one condition

Security observer - The Sudanese has an opportunity to negotiate with the Americans on one conditionInformation / Baghdad..

Political observer Sabah Al-Ugaili confirmed on Sunday that the continued Iraqi resistance strikes on American bases in Iraq are an opportunity for the Sudanese to open new negotiations with the American side on the condition of obtaining reassurances regarding withdrawal from the country.

Al-Aqili said in a statement to Al-Maalouma, “The tweet of the security official of the Hezbollah Brigades, Abu Ali Al-Askari, is tantamount to conveying the point of view of all the Iraqi resistance factions, as they still believe the presence of the American forces to be occupying forces and must be removed by force.”

He added, “Iraq is facing a scenario similar to the Maliki government, where there were continuous strikes and ongoing negotiations. Therefore, the Sudanese must exploit the circumstance and conduct negotiations with the American side without giving them assurances. Rather, he takes assurances from them to withdraw and within a time limit.”

Al-Ugaili called on the national forces within the House of Representatives to “issue a resolution confirming its previous decision and setting a time limit for the American withdrawal from Iraq.”

He pointed out that “this decision will certainly be a strong support for the Sudanese government in its negotiations with the Americans.”

American aircraft bombed several headquarters of the Popular Mobilization Forces in Jurf al-Nasr and Kirkuk in recent days, leading to martyrs and wounded.

almaalomah.me

Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq, 11 DEC

 Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq

12/10/2023

Central Bank of IraqSaturday, the Parliamentary Finance Committee called on the Presidency of the House of Representatives to form an investigative committee regarding the statements of one of the representatives regarding monetary policy and the procedures of the Central Bank.

The committee stated in a statement: “We followed with great astonishment and disapproval the irresponsible statements made by Representative Muhammad Nouri during his hosting on a satellite channel to talk about monetary policy in the country and the procedures of the Central Bank of Iraq.”

She added: “While we categorically deny the allegations made by the representative, as they lack credibility, accuracy and objectivity, and indicate his lack of familiarity with the procedures and duties of the committee, we express our strong rejection of these allegations because they constitute a great abuse of the tasks and duties of the Parliamentary Finance Committee in particular and the legislative authority in general.” .

The committee called on the Presidency of the House of Representatives to “form an investigative committee to determine the veracity and source of these dangerous statements, and to take deterrent legal measures against anyone who intentionally harms the reputation of the Iraqi state and its constitutional institutions,” adding: “We confirm once again that everything that Mr. Representative spoke It is false. Rather, he had to verify the information by communicating with his fellow representatives who regularly attend meetings, before talking about sensitive files, despite the fact that he did not have any information about them due to his constant absence from committee meetings.”

She stressed that “the monetary policy of the Central Bank, especially with regard to printing currency, is subject to monetary standards and foundations, and in line with the stability of the economic situation and the level of inflation, and that our Finance Committee has a clear work program for oversight of the executive authority, which will be completed at the beginning of the new legislative term, hoping Representative Al-Nouri’s commitment to performing his legislative and oversight duties and tasks.”

Earlier, the Central Bank of Iraq denied a statement by a member of the Parliamentary Finance Committee, Muhammad Al-Nouri, about the loss of 35 trillion Iraqi dinars in print.

Al-Nouri said in a televised interview, “The Central Bank’s decisions are political and do not aim for a real economic content, and they deal capriciously with the banks,” indicating that “the Central Bank does not witness stability except by meeting the needs of smugglers, and its procedures are (papers).”

He continued, “The Central Bank’s procedures are unreal and it detailed instructions for a specific group of banks,” noting that “the National Bank achieved a qualitative leap between 2019-2023 from 9 billion to 137 and these profits are from selling the dollar because it controls 30% of the total dollar amounts.” The local government, as well as the inflated invoices through which the price of imported goods is calculated at several times their real price, and these files were transferred to the Prime Minister and no measures have been taken regarding them so far.”

almawrid.news

JUDY NOTES, 11 DEC

 Judy Note:

 Their fiat Petrodollar was now dead and as their Global Banking System collapsed, it was expected that they would retaliate with Worldwide Terrorist Cyber Attacks.

An RV of currencies in 209 countries aided by the White Hat Global Alliance Military would very soon be victorious over this Deep State Cabal.

• Petrodollar Endgame Moves Even Closer: The UAE just stopped transaction oil in U.S. dollars. BRICS now controls most of the world’s nuclear arsenals, oil and precious metals & rare earth minerals.

If you were reading this Update on, or from Operation Disclosure Official, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.

Rumored Timing:

• Fri. 15 Dec. Worldwide Banking Crash, Media Blackout and Ten Days of Darkness begin. The World Bank is expected to collapse on Friday December 15, 00:01 ET
• On Mon. 1 Jan. all gold/asset-backed currencies across the Globe would be on par 1:1 with each other; in the US Social Security benefits will be much higher and the SS R&R payments would start on a monthly basis.
• Tues. 30 Jan. 2024 deadline for implementation of Protocol 20 by major corporations around the world that have interfaced their networks on the QFS.
• In three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.

Global Currency Reset:

• Sun. 10 Dec. Frank26: There is no more guessing. The World Bank has just told the whole world Iraq is about to raise the value of its currency. https://dinardetectives.com/frank26-1223/
• Sun. 10 Dec. Wolverine: “I just received a call and Zurich has gone liquid. A lot of things are happening, especially with the Admiral. … It started Fri. night 8 Dec. and it’s rolling out. A huge platform that has more than 1 MIL members will start on Mon. 11 Dec. and be paid by the end of this year. The big meeting in Dubai is finished now – everything is ready. Iraq is ready. They should be ready to celebrate. Then so should we. My Whale said it all looks good, everything is moving. By Mon. 11 Dec. they will be celebrating in Iraq and it is my opinion that so should we.”
• Sat. 9 Dec. Texas Snake: Be alert for email notification late Sun. 10 Dec. into Mon. 11 Dec, with the earliest time to schedule appointments being Tues. 12 Dec.They are trying to get this completed before Christmas.
• Fri. 8 Dec. TNT: After a meeting earlier today Fri. 8 Dec, contacts said it will happen by Mon. 11 Dec. Sun. 10 Dec. is Iraq’s Victory Day, so Tony thinks it might happen then. 
• Fri. 8 Dec. MarkZ: China’s gold backed Yuan is now the new reserve currency for OPEC and oil producing nations. This happened very quietly and the news is refusing to report this. They are doing their best to hide this fact. This is enormous. The petro dollar died this week. This is an enormous blow to the US hegemony. We are going to watch this play out quickly. I side with Bruce’s Intel, but am guessing it will be the 16th or 17th of this month.
• Fri. 8 Dec. Kenneth Kingery: The Admiral in Reno gave the green light. Whales are being paid. Everyone else Mon. 11 Dec. and Tues. 12 Dec.
• Fri. 8 Dec. Tomas: “It’s rolling. All Tiers started but Tier4.”
• Fri. 8 Dec. Blue Ray: Whales are being paid!!!  They are the tier right before us!  The Admiral gave the green light in Reno!  That’s why all the millionaires are being announced over the weekend on the US debt clock!
• Wednesday December 6, 2023 Bob: The four test deliveries finished Tues. 5 Dec. night and Reno will begin Wed. Dec. 6 night. EU and Zurich tomorrow Thurs. 7 Dec.Reno payments start Thursday 7 Dec. and EU and Zurich payments start Monday the 11th. I pray they allow Billion Sow to start Thursday 7 Dec.
• Wed. 6 Dec. Listener Sean Kenney: Heard from a finance guy that on New Years Eve the ATMs will be loaded with the new currencies.

https://dinarchronicles.com/2023/12/11/restored-republic-via-a-gcr-update-as-of-december-11-2023/

Wow!💣CBI Meeting in Dubai: Date & New IQD Rate?!🤔Iraq Dinar RV Updates |...

"RV UPDATE" BY WALKINGSTICK, 11 DEC

 Walkingstick

 Question: "Do you think the tellers [In Iraq] have the lower denoms?"  No.  "...Executive levels?"  Yes.  Samples and specimens and LDs only at executive levels right now...

 [Iraqi bank friend update] 

IRAQI BANK FRIEND: The meetings we have had with the CBI we are learning the next steps.  Also we talked about in the meeting we are seeing many people in Iraq now coming into the banks and asking questions and we have given the banks permission, they are now allowed to explain all about the monetary reform process and where it's at right now to the citizens as they ask...

One of their biggest questions is, 'Is it true we are getting a new currency?  Yes.  Are we going to receive more purchasing power with this new currency?  Yes.  Are we going to see a change in our exchange rate?  Yes.  Is this why we are removing the dollar?  Yes.'  

They keep asking questions over and over again.  Also the question people are asking a lot about, 'When?  And how much?'  But at the meeting we agreed that the banks are not to be given that information just yet, not even the upper echelon.  The banks are saying, "In the very near future."  

These questions are due to the fact that it is no longer a secret...The monetary reform has been successful thus far. 

Oil announces the completion of drilling a new well in record time, 11 DEC

 Oil announces the completion of drilling a new well in record time

On Sunday, the Ministry of Oil announced they had finished drilling a new oil well in record time.

The Ministry has released a statement confirming that the technical and engineering personnel of the Iraqi Drilling Company have completed the drilling of the MJ-159 directional oil well. This well was drilled for the Basra Oil Company as part of a project to drill 42 oil wells in the Majnoon oil field in collaboration with Halliburton Company. The primary objective of this collaboration was to provide oil services.

“He stated that they used the modern IDC-56 drilling rig with a horsepower capacity of 2,000 horsepower to carry out drilling operations. They employed a directional drilling method with an inclination angle of 38 degrees and reached a depth of 3,310 meters. The drilling of the well was completed in 35 days, which is considered a record.”

He explained that the company had accomplished remarkable success on this project in terms of quality performance and strict adherence to health, safety, and environmental standards.