Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic, 22 DEC

 Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic

Sudanese Advisor - The dollar is declining prices are stabilizing and expectations are optimisticMazhar Muhammad Salih, Advisor to the Prime Minister for Financial Affairs, announced today, Thursday, a decline in the annual growth of prices in Iraq, according to a statement by international monetary experts during their recent consultations with the Iraqi official side.

Saleh told the official agency, followed by the 964 Network , that “according to what was announced by the statement of the International Monetary Fund expert delegation in its recent consultations with the official Iraqi side,” the growth rate in non-oil GDP is expected to reach about positive 5%, and in our estimate that this The optimistic expectations reflect great economic dynamism in the growth movement of the real and service sectors outside the oil sector, as a result of the renaissance of investment in the construction sector, infrastructure, digital services and various interconnected activities. This increase in growth is equivalent to almost twice the growth of the population, which means that it has positive effects on the prosperity of… Individual income growth is linked to the level of employment, use of human resources, and reducing unemployment rates.”

He added, “Price spikes may occur individually, but what concerns us is the stability of the general level of prices, so it is noted that the increase in growth in price rates is decreasing, as the annual growth rate of prices decreased from 7% last January to 3.7% last month.” November of this year compared to November of last year.”

Saleh continued, “On the other hand, the exchange rate in the unregulated market has not witnessed new rises. Rather, today it is in a gradual decline. The more regular the work of the compliance platform is and the more banks respond to anti-money laundering requirements in a transparent manner, the more transfers will increase through the external transfer platform, which is the responsible platform.” On meeting the private sector’s foreign currency needs by 85% to finance trade.”

He noted that “the needs of travelers are met through two ways: credit cards and cash dollars, and that private banks have imported cash dollars for themselves to meet the needs of their customers from their dollar accounts in amounts that have exceeded tens of millions of cash dollars in recent days, and they are continuing normally based on the regulations.” issued by the Central Bank of Iraq in this regard.”

He pointed out that “the commodity market has begun to be supported by a diversified commodity supply through the movement of additional government imports, especially food, medicine, building supplies and spare parts, all of which are supplied at a fixed exchange rate of 1,320 dinars per dollar, which is the factor that contributes to the stability of the general price level and counters market noise.” Illegal and irregular exchange accounts for only 10% of foreign currency circulation.”

964media.com

WILL AGREEMENTS WITH INTERNATIONAL BANKS CONTRIBUTE TO SOLVING THE MONETARY PROBLEM IN IRAQ? : ANALYSIS BY MNT GOAT, 22 DEC

 WILL AGREEMENTS WITH INTERNATIONAL BANKS CONTRIBUTE TO SOLVING THE MONETARY PROBLEM IN IRAQ?

Economic researcher, Ziad Al-Hashemi, confirmed on Friday that the agreements with the banks of the Emirati First Gulf, Turkish Labor, Singaporean Development and others will not end the monetary problem in Iraq.

Al-Hashemi said in a post on the “X” platform followed by “Newspaper”, that “it is expected that these agreements will provide multiple cash alternatives that will help the merchant.” Iraqis can transfer their trade funds quickly and flexibly and reduce dependence on the dollar in foreign transactions.”

He explained, “These agreements will also help reduce the demand for the parallel dollar by attracting the segment of merchants who previously turned to the parallel dollar in search of quick transfers away from the platform, its complications, and delayed approvals.”

He added, “However, the demand for the cash dollar will remain high, and the official dollar will continue to be withdrawn and converted into a parallel dollar by powerful parties that own huge amounts of dinars, and have no relation to regular or official commercial work, and will continue to put pressure on the Iraqi economy to obtain the dollar in all ways and means.”

He continued, “This fact was confirmed by the exchange rates during this period, which maintained their high levels and did not decline despite these agreements and despite hundreds of millions of (imported dollars). This is what makes the exchange rates ready to rise at any moment and with any new event.”

He stated, “Despite the Federal Reserve’s tightening and the Central Bank’s attempts, it is expected that the problem of the cash dollar, the parallel dollar, and the imbalance in exchange rates will continue with us during the coming year, and we are waiting for more stringent, serious, and courageous solutions to end this problem from its roots.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

PM Al-Sudani's Clear Message Strengthening the and Adding Value to the I...

"RV UPDATE" BY MNT GOAT , 22 DEC

MNT GOAT

 So, below is proof of what I am talking about when it comes to Iraq. The CBI already stated back in March of this year and I quote from the article below – “it was decided to prevent the use of electronic cards and wallets for the purpose of speculation and trading in digital currencies of all kinds.”

To me it can not be any clearer that Iraq is NOT moving towards the CBDC saga. Some idiot intel gurus even say that this is holding up the RV as they want to digitize the dinar first. How stupid can you get? Also these same idiots tell us the Project to Delete the Zeros has been cancelled as they no longer will need the newer lower denominations once they digitize the dinar. So there is no longer a need to look for the project to be conducted even. How stupid is stupid? This of course is all just nonsense and I am proving it to you today.

Here is the full article below from March 29, 2023:

IRAQ CBI: TRADING IN DIGITAL CURRENCIES

We affirm what was stated in our circular No. (125/5/9) on 3/29/2022, in which it was decided to prevent the use of electronic cards and wallets for the purpose of speculation and trading in digital currencies of all kinds, with the necessity of the commitment of all licensed banks and all licensed non-bank financial institutions and all electronic payment companies with the following:

Take all necessary administrative, legal and technical measures to prevent and track such types of transactions and trades.

Educate your customers about the risks and procedures that will be taken against them according to the laws and instructions in force related to these transactions and trades.

Otherwise, all strict legal measures will be taken against your institutions and customers in accordance with the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the instructions issued thereunder in the event of non-compliance with the above.

Below are yet more articles also from the past as to why they have to delete the zeroes from the dinar. Remember also that months ago the CBI did come out with an announcement that the Project to Delete the Zeros is still on the table. These articles below are the type of articles we would now expect to see, if in fact, they were getting ready to conduct the project now. But we are NOT seeing them why? I do not think they intend to do the project in the coming period. In fact I was told by the CBI they are not!

REASONS TO DELETE THREE ZEROS FROM THE IRAQI DINAR AND WHAT IT MEANS TO DELETE THE ZEROS FROM CURRENCY

Omar Al-Fateh 16/11/12 economy

The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

________________________

START PROCEDURES TO DELETE THREE ZEROS FROM THE CURRENCY IN 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

https://www.alasemanews.com/44182

From an Egyptian news site …. remember all the trips to and from ….and talks ….with Egypt in articles earlier this year … IMO

Having said all this today there is HOPE is all area of prosperity and abundance. It is all coming be patient.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Parliamentary Services: 9 countries are preparing to enter the world of investment in Iraq, 22 DEC

 Parliamentary Services: 9 countries are preparing to enter the world of investment in Iraq

Parliamentary Services - 9 countries are preparing to enter the world of investment in IraqInformation / Baghdad..

Representative Baqir Al-Saadi confirmed on Thursday that there is a desire among nine countries to enter into vital investments in Iraq.

Al-Saadi said in an interview with Al-Maalouma, “Security stability has stimulated investment activity and attracted capital in most of the country’s governorates, which increases the chances of economic recovery and the creation of vital sectors that contribute to crystallizing objective solutions to many crises, including housing.”

He added, “The Sudanese government has actually called on 9 countries, including Arab ones, to invest in 3 vital sectors, most notably housing, while providing a safe environment and a climate that contributes to attracting capital,” stressing that “the investment rate during 2023 is the highest after 2003.”

He pointed out that “Iraq is focusing on strategic investments, especially with the launch of large development projects, most notably the Iraqi Development Road, and achieving great completion rates in the large Al-Faw port, which will create a greater investment climate in the coming years.”

Iraq is distinguished by the diversity of investment opportunities available, especially housing, agriculture, industry and other industries.

almaalomah.me

"RV UPDATE" BY MNT GOAT, 22 DEC

MNT GOAT

 I need you to remember the CBI just months ago did tell us the Project to Delete the Zeros in still on the table, meaning it still has to be conducted prior to any reinstatement. Get it? This is their words not mine.

Yes, I could have talked lies in my Newsletter to you and made everyone “fell good” for Christmas thinking they would see it in early January and then have their heart broken when it did not happen. Yes, riding the roller coaster. I never liked roller coasters anyhow… especially this kind.

But I refuse to lie to you as these other idiots do. I respect all my readers and bloggers too much to lie. This is not a blog of lies and deception but of TRUTH and REALITY. If you want the lies please follow idiots like Bruce on the Big Stupid Call, TNT Tony or MarkZ or a number of the other idiots. They are all the same. They are just chasing rainbows every day, any day. They put catchy titles on their YouTube presentations then you click on it and find out they lied to you. Some even just gather all the rumors and package them as their intel. What the hell? They have no real intel and many don’t even know what the hell is actually going on in Iraq nor they care. Their objective – to make $$$ of the clicky clicks to their site or sponsors. This is the real scam in this investment. Get it?  

As you may know, I try to listen to many of the so-called intel guru conference calls. I do this so I can correct the nonsense and confusion they create and there is lots of it. I hope you appreciate all my efforts. I am so sick and tired of all the recent rumors and bank stories. Most of which are all made up or over exaggerated.

It was stated by many of the gurus that Iraq is moving towards the Central Bank Digital Currency (CBDC). They told their listeners this was the holdup. Really? How stupid to tell you listeners this. I believe that they are telling you this because they read recent articles about Iraq moving to electronic payment cards. Don’t they even know the difference between electronic banking and issues related with the CBDC. Two VERY much different banking practices. Folks, how many times must I say it. We all experience electronic banking already, yes right now, by using our DEBIT cards. We tie these debit cards to money in our bank accounts or we may choose to delay payment using CREDIT cards. But eventually even the credit cards are paid off by taking money from our accounts to pay the bill. Hello… is this so hard to believe and understand. This is NOT the CBDC and please don’t tell me we already have it or Iraq will have it. If you say this you are VERY, VERY ignorant of just what the CBDC really is. You need to go back and do your homework and study the CBDC before you come on your calls or websites and shoot off your big stinking mouths. Are you trying to convince people the CBDC is all so ordinary and okay? Really?

But that the Central Banking cartel system wants to do in the US is issue Central Bank digitized tokens as money using something very similar as with BITCOIN algorithms. It is NOT going to be backed by GOLD. Get it. Don’t lie and tell people this. This way they fully intend to claim they own your funds and can audit you at any time (without a warrant or court order. This is called lack of “due-cause”). Also they will be able to turn on or shut off your funds at a whim. They would not even need court orders to do so. They also plan to tax directly from your account, tracking every single purchase and income. This information will be sold to marketers without you even knowing it until you get inundated with emails, mail, texts, phone calls. You think is bad now.  

You will be FORCED to use the digital system and so they will know everything about you through the computer. There is already artificial intelligence (AI) algorithms to be put in place that will monitor and decide the fate of your money. Yes, AI will control your wealth.

It is the AI that will decide how your wealth is managed. You have to understand the seriousness of the impact of all this. Most just refuse to believe that any government would allow such a horrific control over a free enterprise capitalistic system of wealth generation to occur especially in a FREE SOCIETY. Guess what? If they implement this fully you are no longer free. Let me repeat this – YOU ARE NO LONGER FREE!!! ☹

Remember it is the Biden administration that welcomed this research and paid for it out of your tax money. Also, to do the Beta test which is now underway. They plan to roll this out to all banks in 2024. Is it too late t stop it. You see they are pushing this so much to get it before the next elections because they already know the fate of the elections and they haven’t a change in hell of winning unless the cheat again and fraud the election which we already see the signs that they have a massive plan underway to do just that. So this is not far off. Who are you going to vote for in November 2024?

In light of all the Biden corruption in this current administration how can anyone in their right mind think this is a good thing to do. So, Iraq like in the US ,will fight this Central Bank Digital Currency (CBDC) as they too see the negative ramifications for freedom of wealth generation and holding on to your own personal wealth. Your wealth is yours to keep and should never be politicized and used to force you to do certain things, like for instance get a vaccine or think or vote a certain way. Oh by the way this is also all going to be tied to you “social credit score” crap they are also implementing.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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