"RV UPDATE" BY PIMPY, 22 DEC

  Pimpy 

 With them taking away the US dollar there's some logic to...an increase in Iraqi dinar.  Will they?  

You're not going to see them go 1 for 1...  Nothing would make me happier than to be wrong about this.  I would love to go, 'Oh, my gosh, everybody was right and I was wrong. Darn.'  As I take my dinar down to the bank...It's not that simple.  There are a lot of hurdles and...precautions countries have to take before you do anything that outrageous with your exchange rate. 

 The best you can hope for is it goes up in increments...You're not going to see any huge significant change in the Iraqi exchange rate despite the fact they're taking away the US dollar.

 Article:  "Launch of the third annual scientific conference on economic challenges and reform in Iraq"  This part is very interesting to me.  Quote:  "Restructuring the general budget" 

 Why would they have to restructure the general budget unless there's about to be some changes made.    I don't want to get all crazy and make assumptions that it has something to do with the change in the exchange rate but I find this very interesting.  Like I said, if they're going to ever change the exchange rate they usually do it at the end of the year or the beginning of the year so everybody could do what?

  Restructure their budgets for the year...I do find this interesting...my ears are perking...what do you got going on over there Iraq? 

It’s been only 6 moth 20% of the budget in 6 months it’s to much Iqd Iraq BY NADER FROM MID EAST

AL-SUDANI: THE IRANIAN SIDE HAS NO PROBLEM IN DEALING COMMERCIALLY WITH IRAQ USING DINARS OR TOMANS: ANALYSIS BY MNT GOAT, 22 DEC

 AL-SUDANI: THE IRANIAN SIDE HAS NO PROBLEM IN DEALING COMMERCIALLY WITH IRAQ USING DINARS OR TOMANS

Prime Minister Muhammad Shiaa Al-Sudani said today, Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate,” and stressed that “there is no problem on the Iranian side in dealing commercially with Iraq in dinars.” Or toman. Al-Sudani said in a televised interview followed by “Al-Mutala’” that: “Conducting the population census, the first step in implementing Article 140 of the Constitution, was postponed to May 2024 after it was scheduled to be conducted this year due to the governorate council elections,” pointing out that “the time has come to lift the census.”

The outstanding problems between Baghdad and Erbil lie in the border crossings and the budget.” He added, “We went to borrow from the Ministry of Finance to pay the salaries of the employees of the Kurdistan region, and we are in favor of finding a solution with a legal amendment that considers the employees of the Kurdistan region as equal to the rest of the employees of Iraq,” stressing, “The government is keen to end the suffering of the Kurdistan employees’ salaries crisis.” On the other hand, he stressed, “Economic reform is the gateway to financial and banking reform, and the issue of the exchange rate requires this reform. We are committed to providing the dollar at the official rate to merchants, investors, contractors, students, and travelers.

” He pointed out, “95 percent of our trade now passes through the electronic platform, and there are those who circumvent the law and buy the dollar at the parallel price because they do not want to apply legal procedures.” He stressed, “We will not accept that the official price of the dollar be equal to the parallel price, because that would encourage smuggling.” Regarding foreign trade, Al-Sudani said: “The Iranian side has no problem in dealing commercially with Iraq in the dinar or toman currencies.”

He continued: “The problem of commercial transfers to Turkey has been solved by opening accounts in the Turkish lira.” He stressed that “food prices remained stable, despite the attempts of manipulators to speculate on the price of the dollar.”

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

Has the oil and gas law reached the House of Representatives?.. A parliamentarian answers, 22 DEC

 Has the oil and gas law reached the House of Representatives?.. A parliamentarian answers

Has the oil and gas law reached the House of Representatives.. A parliamentarian answersInformation/private..

Today, Thursday, a member of the House of Representatives, Jassim Al-Alawi, revealed the fact that the oil and gas law has reached the House of Representatives in preparation for its approval in the upcoming sessions, while he confirmed that the law is still in the corridors of the government and the Council of Ministers until now.

Al-Moussawi said, in an interview with the Maalouma Agency, that “the law has not yet been sent by the government in order to complete the addition of some new paragraphs and articles,” noting that “we expect the law to be pushed forward by the Council of Ministers during the coming period.”

He continued, “Sending the law and approving it in the House of Representatives represents a cry to implement justice, legal and constitutional provisions, and distribute the country’s wealth equally,” noting that “the law is still in the corridors of the government and the Council of Ministers until now.”

Former Member of Parliament, Jassem Muhammad Jaafar, had confirmed in an interview with the Al-Ma’louma Agency, that “the first objection was against the paragraph of the National Marketing Company (SOMO)’s control over the operations of extracting, exporting, and selling oil and gas,” noting that “all the articles to which the parties object “Kurdism is not legal and constitutional, but in order to continue seizing the country’s resources.”

The Kurdish parties continue to obstruct the government in approving the oil and gas law, which a vote on within the corridors of Parliament has become a must, in order to end the violations and thefts carried out by the Kurdistan Regional Government in the oil smuggling file in isolation from the central government and the seizure of revenue funds in general.

almaalomah.me

"RV UPDATE" BY MILITIAMAN, 22 DEC

 Militia Man  

Since November of last year they have been working to do what?  Get rid of the parallel market.  And how are they doing that?  They're populating banks with many other currencies.  They're doing all those things that are necessary to do what?  Be article VIII compliant, to have a single currency, not a dual currency country.  They're getting rid of multi-currency practices.

  They're talking about reducing Iraq's dependence on oil.  Dependence on oil is going to go away because they have non oil related products...services...and sectors.  That's going to be from the taxes and tariffs at the borders, imports, exports, natural resources.  They're going to have other than just oil.  They're going to have other circumstances...They're talking about 350 million ton of sulfur...They're trying to achieve sustainability for the private sector..

Everybody knows Iraq is about to go International and they're going to have a digital transformation ...When they have this investment budget and they start spending...Iraq is going to be filthy rich with revenue streams from the electronic borders, agriculture, tourism... mining, sulfur, phosphates...they're going to have revenue like no other.  

There isn't anything else like it, in my lifetime, that I can see is going to trump Iraq... Don't forget...Iraq has a massive amount of hydrogen for clean energy...nobody else is talking about it...The amount of money and revenue streams Iraq is going to have is almost incomprehensible...It really is intense on how much money these guys are going to make on a regular basis..

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-militiaman-21-dec.html

IQD Exchange Rate IMPORTANT News IMF Meeting Economic Outlook BY SANDY INGRAM

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 22 DEC

 Frank26 

  [Iraq boots-on-the-ground report] 

 FIREFLY:   Sudani has statement to us citizens to be on watch for change in the dinar pricing for goods in our market.  

FRANK:  Realize that Sudani is telling you there is a change coming to the exchange rate of your sovereign national currency...He told you to look for it.  That is simply amazing.   It is part of the monetary reform education that is so loud even the man on the moon can hear it. 

 FIREFLY:  Sudani didn't say the amount of the change that will occur, whether it was small or large.  He just told us to watch in our markets for the dinar to increase and the plan they had to devour the parallel markets is all but complete. 

 FRANK:  [Happy fist pump yes!] How much time is there left!?