There is hidden information being revealed in these [This week’s bank story] phone calls…They’re running out of time…The Venturi effect of the whole monetary reform is becoming so narrow he can barely get everything through fast enough right now. The employees are being educated/updated. Very good. They are telling them the dinar…we’ll be doing it, sure…
The banks know when and they’re getting the customers ready and preparing them…This is what I am coming across…You may be still getting a lot of denials and that’s still to be expected, but I am a central hub of information. People call me because they want me to share it with you…these bank stories are powerful.
If you held your dinars for 1 year and you have the receipt to prove that, the date, then more than likely you’ll be somewhere in the 20% range of taxes. If you…have no receipt, oh boy, you might be in the 40%. Yikes.
You have 1 million, you’ll have to give Uncle Sam $400,000. I’d rather give him $200,000 because I have a receipt where I’ve held my dinars for at least 1 year. For those of you…that just bought your dinars last month. Hmmm. You may have to consider to hold on to them for another 11 more months for tax purposes.
Iraq's financial revenues surpass 106 trillion IQD over 10 months
Shafaq News / The Ministry of Finance disclosed on Monday that Iraq's revenue in the federal budget surpassed 106 trillion dinars over ten months, confirming a rise in oil contributions to the budget to 95%. However, an economic expert cautioned against the country's continued dependence on oil in its general budget.
According to data released by the Ministry of Finance in December for the calculations spanning ten months of the current fiscal year, oil revenues remain the primary resource for Iraq's general budget, reaching 95%. This indicates that the country's economy heavily relies on oil revenues, forming the foundation of the national budget.
Financial reports indicated that total revenues until October amounted to 106,843,096,310,000 dinars, excluding transfer revenues totaling 1,676,486,640,000 dinars. The total expenditures, including advances, reached 84,454,214,761,000 dinars.
Furthermore, oil revenues accounted for 101,940,380,000,000 dinars, constituting 95% of the general budget. Conversely, non-oil revenues reached 5, 477,559,979,000 dinars.
On the other hand, economic expert Mohammed Al-Hasani warned against "Iraq's persistent reliance solely on oil in its general budget," citing the volatility of global oil prices. He pointed out that "oil prices dropped from $90 to $70 per barrel, significantly affecting Iraq's overall budget."
He further remarked, "Iraq has failed to diversify its other economic sectors despite financial surpluses," highlighting that "these surpluses were used in operational rather than investment expenditures."
Earlier in March 2021, Prime Minister's financial affairs advisor Mudhhir Mohammad Saleh emphasized that the persisting reliance on oil as the sole source for the general budget stemmed from wars, economic blockades in past eras, and current political conflicts. This has led to a dispersion of economic resources.
Continued dependence on oil as Iraq's sole budget source places the country at risk during global crises that periodically impact oil, prompting Iraq to address deficits by borrowing domestically or internationally, emphasizing the challenges in effectively managing state funds and the inability to find alternative financial solutions.
Judy Note: RED ALERT: False Restored Republic Report Published on Dinar Chronicles/Operation Disclosure Official:On Sat. 16 Dec. the below was published on Dinar Chronicles/Operation Disclosure Official under my name, yet I did not write it, nor did I send it to Patrick to be published on Dinar Chronicles/Operation Disclosure Official. Charlie Ward told me he did not receive this information from Simon Parkes as the article claims. It is very likely that Simon didn’t write it. Patrick has no record of the email being sent to him and has taken it down from his website. It was likely some trick of the Cabal. Please disregard the information. …Judy
Sat. 16 Dec. (as per Shiela) – Simon Parkes to Charlie Ward: “Hello Charlie. I’m doing your thing. Come on, here’s the report: All currency test runs completed, led by HSBC (the Hong Kong and Shanghai Banking Corporation). US on full alert for redemption process. Temple Texas (not Reno) to start it.” Sat. 17 Dec. 2022 6:54 am President Trump: “Pentagon and Military push everything out tomorrow (Sun. 18 Dec.). With full implementation of NESARA, there will be a violent crackdown on the remaining Deep State Cabal. US Navy ready for NESARA to be fully installed. A lot of funds will be provided in which the gold backed currency will be pegged. Spread of healing techniques.” https://operationdisclosureofficial.com/2022/12/17/extra-extra-special-restored-republic-via-a-gcr-report-as-of-december-17-2022/
Global Currency Reset:
Sat. 16 Dec. from a trusted Military Source: Mon. 18 Dec: RV begins for Tier4b; Wed. 20 Dec: Iraq has from Wed. until end of month to spend their 2023 budget; Thurs. 21 Dec: Banks open to exchange currencies including Dinar; Five days after RV begins the public will have access to Med Beds.
Fri. 15 Dec. TNTRayRen98: The expected RV is now scheduled. Fri. morning Iraq citizens were told by Sudani that the Dinar rate was going to change in the next couple of days. Our window of time is 4:30pm Eastern Fri. 15 evening until 5:00 pm Eastern Sun 17 Dec. of when this could go through. The US has released it. IMF has released it to each country so when it goes, they can start exchanging.
Fri. 15 Dec. MarkZ: “I’m getting updates from government sources across the World, plus my bank sources, who all agree that everything has been released and the amount of currency rates have been agreed to and has been shared with various countries. I hear more and more contacts from different nations say that they now have the “GO”. We don’t know the timing. They appear to have been releasing the countries one by one.
Wed. 13 Dec. MarkZ: The IQD is on Forex as a tradable currency.
Wed. 13 Dec. Rod Steel: “(Tier4b will be notified) immediately, or no later than Wed. 20 Dec. We need 10 days to get in there before the first of January.” https://youtu.be/jOrKdna_LPI?feature=shared
Wolverine: “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas. On Sun. 10 Dec. I received a call that Zurich went liquid. A lot of things are happening, especially with the Admiral. It started Fri. night 8 Dec. and it’s rolling out. Everything is now in the payment phase through authorized banks. All escrow accounts of the people who will receive have been opened.
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/
Fri. 8 Dec. Kenneth Kingery: The Admiral in Reno gave the green light. Whales are being paid.
Fri. 8 Dec. Blue Ray: Whales are being paid!!! They are the tier right before us! The Admiral gave the green light in Reno!
On Mon. 1 Jan. 2024 the new Quantum Financial System (QFS) and Global Currency Reset will officially launch to the general public of BRICS participating nation’s gold/ asset-backed currencies on the Star Link Satellite System.
On that same Mon. 1 Jan. 2024 the BRICS Gold/ Asset-backed XRP Digital Currency would officially be considered the Global Standard for international trade, with all participating nations’ currencies trading at a 1:1 with each other.
The intricate web of banks that are now aligning with the QFS system. The QFS, or Quantum Financial System, has been the subject of much speculation, whispers in dimly lit rooms, and late-night conspiracy theory forums. Some say it’s the future, while others claim it’s just another fanciful myth. But what if I told you that 97 of the top 100 central banks are being covertly connected to this system? https://amg-news.com/new-list-of-banks-that-are-connected-to-the-qfs-system-or-are-being-connected-qfs-rtgs-trust-the-plan/
Iraq cuts oil production by 223,000 barrels per day voluntarily. Iraq is over 90% dependent on oil revenue and oil prices, therefore when OPEC speaks we listen and we listen very carefully, almost as carefully as when the CBI makes and announcement.
sheila
Iraq's elections days are 18th and 19th. Rumor has it they will release the new exchange rate post election...we shall see if that's true or not in the coming days.
The Federal Court Rejects The Lawsuit To Disburse Basra’s Accumulated Petrodollar Funds
Economy News – Baghdad The Federal Supreme Court rejected a lawsuit filed by Representative Mustafa Jabbar Sanad against the Minister of Finance, as he demanded the funds accumulated for Basra Governorate from the Petrodollar Law.
The court said that the lawsuit must be dismissed because the plaintiff’s interest condition is not met and because it does not fall within its jurisdiction.
The court indicated in the dismissal decision that “the jurisdiction of the Federal Court under Paragraph (Third) of Article (93) of the Constitution is limited to what is issued by the federal authorities and independent bodies and does not extend to ministries and other bodies. Therefore, the lawsuit must be dismissed by this body as well for lack of jurisdiction.” .
The petrodollar is the oil-producing governorate receiving a percentage of its sales, estimated at $5 for every barrel of oil produced there and $5 for every barrel of crude oil refined in its refineries.
In January we'll be using the dinar only. 1st of January is going to be a big step. A big change...Wait for the first of January, that's when things are going to start happening. You might see the deleting of the zeros or the new currency in January... Somewhere or somehow or some when it's going to be 1 to 1.
It's a very good video [Central Bank Iraqi's dinar propaganda/advertisement video that came out Friday - you can see it below Guru Frank26's 12-8-2023 post] . I like it a lot...It's an advertisement for Iraq to use only Iraqi dinars. That's very very very good thing. That's big big step. Big step we taken. It's not bad...I said it before and I'm repeating it, in January things it's going to change big, big, big, time. Big time. If I was you, I'll be ready.
They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1.
[See the Iraqi dinar advertisement video under Guru Frank26's post below]
Question "Can you talk about the steps involved in cashing in dinars?" When exchange time comes we're going to have to go to three things - Redemption center, 1-800# or the army base. :)
[Nader is clearly joking about these three things]...People are telling them that. That's wrong. The only thing you can do to change your money, walk to your bank, if they accept it, or go through exchange offices. There's no redemption centers, no army bases, there is no 1-800#s, nothing that way.
[NOTE: Gurus disagree on the potential exchange procedures. Stay tuned to Dinar Guru as this important subject unfolds and become clear.]
They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Guru Frank26's post below]