Sunday, December 17, 2023

Iraqi PM AL-SUDANI's Urgent Message to Iraqis: Pay Attention to 'Valuati...

"RV UPDATE" BY WALKINGSTICK, 17 DEC

 Walkingstick 

 As the days go by and we walk toward the 1st of this year IMO so far the monetary reform is keeping its word on their intent of adding value and introducing a new monetary system called the lower denominations.

The intent of the government of Iraq and the board of directors of the CBI is to eventually float.  We see this information in the art

They have told them [Iraqi citizens] a change is coming.  Do you need another clue?  Come January 1st what are the citizens supposed to do?

  What are they supposed to use?  Should they continue to use a worthless currency?  Should they continue to live in misery, poverty, when they were promised other things Iraq will be another Dubai.  What more can the CBI do after the first?  Reinstate and float.  That will make the Iraqi citizens very happy...  

 Why only [spend] 20% [of their budget] in 11 months?  IOO they're waiting for a new exchange rate.  They're going to use their currency...

pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing. 

 IMO they are telling them all so they will understand where the monetary reform process is at at this moment.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-walkingstick-16-dec.html

They have told them [Iraqi citizens] a change is coming.  Do you need another clue?  Come January 1st what are the citizens supposed to do?  What are they supposed to use? 

 Should they continue to use a worthless currency?  Should they continue to live in misery, poverty, when they were promised other things Iraq will be another Dubai.  What more can the CBI do after the first?  Reinstate and float.  That will make the Iraqi citizens very happy... 

 Why only [spend] 20% [of their budget] in 11 months?  IOO they're waiting for a new exchange rate.  They're going to use their currency...pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing.  IMO they are telling them all so they will understand where the monetary reform process is at at this moment.

 Why only [spend] 20% [of their budget] in 11 months?  IOO they're waiting for a new exchange rate.  They're going to use their currency ...pressure will be reduced on the citizens by adding value to their currency...

Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing.  IMO they are telling them all so they will understand where the monetary reform process is at at this moment.

 The 1st of January is when no other currency will be used by Iraqi citizens inside the country except their own currency.  Don't you think that's a clue!  They are pretty much telling you without telling you.  Can you pick up on this intent?  You don't have to be a detective to pick up on a clue like this!

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-walkingstick-14-dec.html

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-walkingstick-15-dec.html

Baghdad studies budget amendments to resume Kurdistan’s oil exports, 17 DEC

 Baghdad studies budget amendments to resume Kurdistan’s oil exports

Baghdad (IraqiNews.com) – The Iraqi government is researching ways to restructure its budget to reimburse foreign companies managing oil fields in the Kurdistan region of Iraq, hoping to bring oil from the semi-autonomous area back online.

In a statement to Bloomberg, the Iraqi Prime Minister, Mohammed Shia Al-Sudani, explained that the government is discussing the amendment of relevant laws with the parliamentary financial committee as companies operating in Iraqi Kurdistan are waiting for payments to cover the production cost, according to Oil Price.

Due to a disagreement over who should approve the oil exports from Iraqi Kurdistan, around 450,000 barrels per day of oil from Iraq’s northern resources have been blocked since March. As a result, the country currently only sells oil through its southern oil export terminals.

On November 12, the Iraqi Oil Minister, Hayan Abdul-Ghani, announced that an agreement would be reached with the Kurdistan Regional Government (KRG), oil companies, and Ankara to resume oil exports from Iraq to Turkey.

At that time, the Iraqi Ministry of Oil said in a statement that Abdul-Ghani and his accompanying delegation met with the Prime Minister of Iraqi Kurdistan in Erbil to discuss issues related to oil exports, which had been halted for months.

Turkey stopped Iraq’s exports of 450,000 barrels per day through the oil pipeline that extends from the Kurdistan region of Iraq to the Turkish port of Ceyhan on March 25.

Turkey’s decision to suspend oil exports followed an arbitration decision issued by the International Chamber of Commerce (ICC) in Paris.

The decision obliged Turkey to pay Baghdad $1.5 billion in compensation for damages caused by the KRG’s export of oil without permission from the federal government in Baghdad between 2014 and 2018.

The KRG began exporting crude oil independently in 2013, a step Baghdad considered illegal.

Attempts to resume oil exports from Iraqi Kurdistan were delayed because of the Turkish presidential elections and discussions between the State Organization for Marketing of Oil (SOMO) and the KRG over an oil export deal.

The Kurdistan region of Iraq suffers from a lack of liquidity due to the suspension of oil exports through the pipeline. 

Iraqi politicians and Kurdish lawmakers said that Iraqi Kurdistan had no other choice but to accept 12.67 percent of the $153 billion budget approved by the Iraqi Parliament.

https://www.iraqinews.com/iraq/baghdad-studies-budget-amendments-to-resume-kurdistans-oil-exports/

"RV UPDATE" BY BRUCE, 17 DEC

 Bruce 

  [via WiserNow]   The Redemption center rates on their screens will be the best rates available they will be the best rates if you try to just say well, I'm just gonna go to this small mom and pop bank  - You're not gonna get the big rates. You're not gonna get the rates that President Trump wants us to have...there's a vast difference between the redemption center screen rates and that of the banks. Even the tier one banks are not a match up.

 [via WiserNow]   I received...good intel from a very trusted source and a treasury representative...We're ...looking at us to be notified on Monday...Which is the 18th and exchange on the 19th...Monday into Tuesday is what looks like is going to happen to tier 4B - that's us...

the redemption centers...did say they intend to get the started before Christmas and it looks like that's what is going to happen ...I think we're good to go...


 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...we are right at the precipice of this happening... I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity.

2ed party of Thea article Iqd #iraq BY NADER FROM MID EAST

"RV UPDATE" BY MARKZ, 17 DEC

 MarkZ

   [via PDK]  They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people.  This is about all they can say without giving away to much.  It is very exciting what we are hearing in Iraq. ...The leaders are telling the people that they are about to have an imminent change coming to their valuations and to pay attention when they shop...Most people believe they are setting us up for the next few days. I believe they may be accurate...It is coming from many different angles and directions.

From Iraq:  “Statement of the Iraq Economic Contact Group of the G &, European Union and World Bank” They had some phenomenal meetings over the week about the tremendous progress that they have made in Iraq. This is coming from our own US embassy and consulate in Iraq. 

They talk about the budget and how it is “life changing” to Iraqis….  Even more important is what is going on in the streets of Iraq in the last day. Sudani is explaining to the citizens that they need to pay attention to “valuations”. Excpecially in shopping and in stores. This is because they are strengthening the dinar.

 I am hearing more and more contacts from different nations saying that they now have the “GO”.   We don’t know the timing but it’s my understanding that they have been releasing the countries one by one. They all should go at one time but they are getting their permissions and marching orders now. 

 I am hearing from different governmental sources that  it is all released and the amounts have been agreed to and shared with the participating countries. Now, we are waiting for someone to say “GO” and we do not know what the timing is. I think the banks may know but they are not telling me.

Dollar Exchange Rates Stabilize With The Stock Market Closing, 17 DEC

 Dollar Exchange Rates Stabilize With The Stock Market Closing

Market  Economy News – Baghdad  The prices of the US dollar against the Iraqi dinar closed stable in Baghdad, on Saturday, and rose slightly in Erbil with the closure of the stock market.

Dollar prices stabilized with the closure of the main Kifah and Harithiya stock exchanges in Baghdad, recording 155,900 Iraqi dinars for every 100 dollars, which are the same prices recorded this morning.

Selling prices in banking shops in local markets in Baghdad were stable, as the selling price reached 156,750 Iraqi dinars per 100 dollars, while the purchase price reached 154,750 dinars per 100 dollars.

In Erbil, the dollar recorded a slight increase, as the selling price reached 156,150 dinars per 100 dollars, and the purchase price reached 156,050 dinars per 100 dollars.

Views 35 12/16/2023 - https://economy-news.net/content.php?id=38555

TIDBIT FROM MARKZ, 24 NOV

  MarkZ    [via PDK]   Article: “ Economist: The total cost of the general population census amounted to $951 billion dinars ”   This is abo...