...just recently Iraq now began broadcasting news in-country to the citizens that the dinar is an “issue of a homeland” in a real way...a patriotic video...is telling the people that the dinar is valuable and will revitalize the nation...
It DOES NOT say the dinar is going to be stronger than the dollar, but it does tell the citizens they should be very proud of their national currency and that it is very valuable. Valuable at 1/6 of a penny? ...something BIG is about to happen with the dinar...
Article Quote: “covering imports from retailers Turkey in tens of millions of euros, through Iraqi merchants paying in Iraqi dinars and the Central Bank strengthening them in euros to settle with Turkish merchants in Turkish lira.” ...WOW! WOW! WOW! Iraq is paying for imports in dinars. We have been waiting for this news for so long now, almost 17 years... We also previously heard that Iraq is trading with Iran in dinars too... this is all VERY GOOD news as this is how international trade should work...
Article: "PARLIAMENTARY INVESTMENT AND DEVELOPMENT: THE INDUSTRIAL INVESTMENT LAW WILL BE APPROVED DURING THIS SESSION" Quote: "
...the Industrial Investment Law has completed its first and second readings, and is ready for a vote in the House of Representatives during the current session..." This Industrial Investment Law goes hand in hand with the revaluation of the dinar and rebuilding of the economy. You can see it all coming together and 2024 will be explosive...
Welcome, everybody to the big call tonight. It's Tuesday, December 12th and you're listening to the big call. I'm glad to be back physically and every other way on the big call tonight, looking forward to having a nice short call tonight. Nice short call. And so let's do this. As you guys know, we welcome everybody for wherever they are around the globe. There's a pretty good chance out today of getting the call out all around the globe thank you to our Starlite Team - as our team that is working with the satellites, the starlink satellite system. Thank you, sat team for helping us to do that to get the word out.
All right, that sounds good, Bob, thanks so much for that look alright let's cut to Intel. Today is the 12 days we're only 13 days or less than two weeks away from Christmas. Now they had said that we should have this blessing, prior to Christmas.
I believe they are Right I believe that's going to happen sooner than Christmas. Everything that we're getting yesterday and today is pointing toward this happening - Very soon, based on what information we got yesterday from Treasury to the redemption centers - we have schedules for the next eight or nine days in most jurisdictions. Some will go longer some will go actually shorter because there's not as many zim holders in certain parts of the country as there are in others - that's gonna be the criteria for keeping the centers open for as long as they need to
When the redemption of the zim is complete – they think they know who has the zim -- they believe they know who has all the currencies, except what they don't know is who gave them to other people that they're not sure of - they'll find that stragglers come in with one or two notes to exchange .
We're hearing is pointing toward like the very last steps being taken place now at redemption centers for identification of staff people with their pictures and their biometric fingerprints and the new NDA and all of that stuff. All that has been happening for the last two days and should complete It should be completed. Anytime now.
If that's the case, which we believe it will be - If that's the case, we should have our notifications coming out sometime tomorrow, sometime Wednesday, with the likelihood of setting appointments Thursday is very high,
I don’t know that we would start as early as tomorrow evening for exchanges – but I know that its likely that we would set appointments at least and start on Thursday – Thursday is the 14th and there’s been an effort to try to get all of this done on or by the 15th of December –
So we are right at the precipice of this happening and I think everything for the most part – I know we had a lot of the bad guys picked up that they wanted to have out that two days ago at least maybe three we were at 83% of who they wanted to have removed – so they probably still continuing to do that – and should do that a little bit longer –
Bondholders That’s over 16,000 bondholders that could see money in their account, are waiting for the final email, or text – or phone call to come to them – and say they have access to it -
They probably won't have access to either tomorrow or Thursday - one of those is my guess probably is Thursday - they have been waiting just like we have -
I know that things have moved for the admiral’s group forward since last week, almost a week of super whales were paid out. Whales were paid out – now may have held down to the rank and file the normal accounts in the admirals group – not quite sure what the protocols to be it should be really, running pretty closely really to what we are getting for us
I don’t think they are going to be that much ahead of us if at all. And we've got quite a few people still in tier four A – I mean tier 4 B - even though these are for be excuse me, the Internet Group even though we did clean up some people that needed to be clarified or removed from the group. Everything's moving forward though.
And I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity. And I can’t tell you guys remake what we thought was a deadline on restitution reclamation allowance I was so called R & R or at least for the seniors the 62 and older. We were told to be between 7th and 13th .
I think that's cutting it a little close. Because Tomorrow is the 13th . So I'm not sure of that - so that's what we're going to try to find out before the call - but I could not to get that information clarified. So we just have to look at that and when it does.
But I think we're going to see blessing manifests here very shortly and I'm looking forward to that as you all are.
And I want to say I hope that everyone is prepared to move forward with the projects that they've that they worked on - the presentations that they've created, taking them to the redemption centers, I believe we will have all new non disclosure agreements, I believe they are going to be two pages and we'll see what happens with that.
I did hear we would be able to move a pretty significant amount of funds into our primary bank accounts from our quantum accounts, but I think we had, I believe we have some restriction of 1.6 billion into each LLC or structured structure that was tied to our bank account. And now I think they put that over to about 2 billion.
So if you had one or two LLC, you could move 4 billion into those two LLC accounts, the LLCs are named as the account for the bank and you can have multiple obviously multiple accounts for your different projects – I told you I already had four different LLCs already created for four different bank accounts for Wells. I'm going to use that. See how Wells Fargo does and we'll see I mean they're looking to get us in and out guys in 30 minutes or 30 Minutes or Less appointment, take 10 minutes to re group and refresh and do all that and then start another 30 minutes and get another person in. And so on - there could be two or three people at one time. But depending on the redemption center or demographic depending on how many staff people they have.
You could have three or four people working with your with you and getting your situation taken care of at one time. Three to four people probably do it and then you'd have a very short time. Five to eight minutes and I'm thinking probably closer to five minutes. If we're down to 30 minutes total to express your presentation is short, sweet way outline form so that you can get across the ideas that you have for the projects. That you want to do.
That is not five minutes per project that's five minutes total, for everything that you plan to do.
If you have five projects, you're gonna have maybe one day each, and I think we can do it. I know we can do it and obviously you know there's a lot to in 30 minutes, setting up one or two new bank accounts, your credit debit cards, getting your quantum card put together where you know how to use it, to move funds into your into your Wells Fargo primary account.
There's not a whole lot of time for you know, fuzzy type behavior here. It's gonna be you know, in and out, boom, you're done. You're out. I'm gonna give you a Q- phone if you‘re a Zim holder and if not forget it. Zim holders get priority. And then you take some cash if you want to – the new USD is supposed to be there in packets, probably a $500 a packet - Maybe it's more like 2500 but I don't think they want to spend a whole lot of cash, but just get a little cash looking at the notes and get out of there – celebrate it - don't make a big hoopla Don't be buying rounds of drinks at the bar. Be subtle about it -
Don't do any of that stuff guys. It's only gonna get the questions thrown up is who's that guy? Is that woman? Oh, she must be money. You don’t want them to know that -
Well, you want to keep this on the down low. Really do
I don't think it's wise to to even when you’re tipping - it should reasonably - be a good tipper. But don't be crazy about it. You can figure out ways to safely donate money, give to charitable causes. give to people one on one. All that you'll figure that out - You know after talking with your attorney, after talking with your family office, if they do get one created for you Wells Fargo, give that some thought that's really important.
But don't try to be a big shot. On day one or two after this goes. It Just won’t go well for you if you do -remember, you're going to be under a non disclosure agreement (NDA) at least 30 days if you’re a good person - 90 - 120 days if they don't suspect that you'll even keep your mouth shut. So whatever period of time you're in an NDA is considered your private personal business. Nobody needs to know that you are in what you've been driving and all that good stuff. They don't even know that.
Just saying that was the one that brought you there. All right now, that's really short and sweet, because I can bring it tonight. I really think if everything went according to plan tonight, we should be looking at numbers tomorrow – don’t know when – morning or afternoon - or whatever it is we will set an appointment. We'll go most likely Thursday. If we get them tomorrow
But that's what I wanted to say tonight - Let’s go ahead and pray the call out and we will go from there this is basically - this SHOULD - all things being equal – this should be our last call you guys - and the next communication you hear from us would be possibly a call that is pre recorded. Put on a link that you could click on it and play at home because I do not plan to do any more public calls.
Okay, this should be it for us - If we don't talk to you on the big call, between now and Christmas let me say Merry Christmas - Happy Hanukah to all of you, out there in big call universe. Thank you for listening Thank you for good stewards with this blessing.
Parliamentary Finance: Government transactions in non-dollar currencies will contribute to stabilizing its official rate
12-12-2023
Parliamentary Finance - Government transactions in non-dollar currencies will contribute to stabilizing its official rateInformation/Baghdad..
The Parliamentary Finance Committee confirmed, on Tuesday, that the government’s move toward currencies other than the dollar in foreign dealings will contribute to stabilizing its official rate of 1,320 dinars to the dollar.
Committee member Jamal Cougar said in an interview followed by “Al-Ma’louma” that “the government’s move towards currencies other than the dollar will facilitate the trade issue on the one hand and push traders to deal with the platform more and reduce pressure on the dollar instead of focusing on it, stressing that it will contribute to stabilizing its official price.” “.
He added, “The government has spent only 20% of the current year’s budget, and it is assumed that after December 20, a good portion of the budget will be spent for a period of five days until the accounts are closed.”
A member of the Parliamentary Finance Committee pointed out that, “With the beginning of the new year, the budget schedules for next year 2024 will be sent.”
Experts: Tightening Supervision Reduces The Price Of The Parallel Dollar
Economical 12/13/2023 Baghdad: Shukran Al-Fatlawi Specialists in the field of finance and economics stressed that reducing the price difference between the official and parallel dollars further requires tightening control over violators, in addition to the importance of adopting a unified customs system.
Despite the many government measures taken to control this matter, the difference is still huge, as the government sells the dollar at a price of 132 thousand per hundred dollars, while in the parallel market it ranges between 156 - 157 thousand per hundred dollars.
The economic expert, Dr. Nabil Al-Marsoumi, said To "Al-Sabah": The electronic platform needs to be closely and periodically monitored in order to fulfill the purpose for which it was prepared, because some greedy merchants buy the dollar at the set government price or the import dollar and sell it at the commercial price.
He pointed out the necessity of adopting the issue of monitoring seriously to prevent greedy merchants from exploiting citizens. Al-Marsoumi stressed the importance of having a unified customs system, one tariff, and one tax system, so that there is central control over the border crossings, and so that these procedures do not remain formal and have a limited effect in reducing the gap between the parallel and official prices.
Prime Minister Muhammad Shiaa Al-Sudani recently revealed that 26 billion dollars were not included in the tax system, which was scheduled to enter the state treasury. For his part, economic and financial expert Dr. Mustafa Hantoush told “Al-Sabah”: The tax reduction that was added to some goods And products is a very important and necessary measure.
He explained that paying with the so-called (official dollar) for some goods gives them a lot of ease and comfort during the sales process, as is the case with mobile phone devices and gold, as importers suffer from the difficulty of approval and the tax question, which constitutes a great burden during the import process. Hantoush pointed out that Reducing the tax on cigarettes from 110 percent to 30 percent.
As for medicines, many of them are imported through Kurdistan and are subject to high rates or are banned for various reasons, so the situation must be addressed. He continued that many detergents are charged 50 percent, of which about 5-15 percent is allocated to the region.
It is noteworthy that the Council of Ministers recently took several decisions, including those regulating trade and the importation of some materials and goods, which some merchants are forced to finance from the informal currency market. Foreign financing, and the negative repercussions that such financing would have on the exchange rate.
Therefore, the Council took a number of decisions and measures aimed at facilitating importers of gold goods, cars, mobile phones, and cigarettes from benefiting from the services of the foreign banking financial transfer platform, in a way that makes it easier for importers of these goods to obtain... Financing in foreign currency at the official exchange rate saves them the need to resort to purchasing foreign currency from the informal market. Edited by: Ali Mowafaq https://alsabaah.iq/88813-.html
The dollar is going away between now and the 20th for commercial purposes. It will not be used as of the same data for taxation in the country... Will they still be able to buy dollars to travel...? Yes. Will they be able to use the dollar for transactions in country for commercial purposes?Answer, No. Will they be able to use any other currency other than the dinar for commercial purposes within the country as of January 1, 2024? ...the answer is no... Standby for this to get really exciting because everything we're seeing is telling me that we've never been here before...
Article: "Samsung: Iraq represents the most prominent market in the Middle East" The Iraqi markets are going to explode. Samsung is going to be there all along the way. They will not be alone be sure. Having an early start is a big deal...Iraq's private sector is going to be on fire.
Al Sudani has established a "Unique private sector development council..." ...Giving credibility to the private sector is getting ready to explode. It's going to be phenomenal.
If the Finance Minister needs to work to the end of the year to make sure that everything's sorted and ready to go and do it right and do it properly so the Iraqi citizens get what they deserve which is purchasing power.I think it's a phenomenal situation. I think everybody can clearly see...they're doing it and it's coming to fruition...