"RV UPDATE" BY GOLDILOCKS, 1 JAN

 Goldilocks  

  Banking Announcement of the CBI in Iraq:  In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar.  This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries. 

 The Central Bank of Iraq has warned that some people are misusing the electronic payment cards it makes available to meet the legitimate natural needs of citizens.

The bank stressed its commitment to implementing strict measures to limit this phenomenon, protect the financial system, and ward off risks from it, indicating that it will include the names of bank card holders whose misuse or smuggling is caught on black lists and take legal measures against this group.

The bank noted that they will be deprived of issuing other cards and all financial products, and that all necessary measures will be taken against violators, based on the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the instructions and controls issued pursuant thereto.
 
Central Bank of Iraq  Information Office   November 20, 2023   https://cbi.iq/news/view/2470

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BREAKING NEWS  

CHINA AND SAUDI ARABIA HAVE SIGNED A LOCAL-CURRENCY SWAP AGREEMENT WORTH AROUND $7 BILLION, DEEPENING THEIR TIES AS NATIONS THROUGHOUT THE MIDDLE EAST AIM TO DIVERSIFY MORE OF THEIR NON-OIL TRADE AWAY FROM THE DOLLAR.

Major news.  

The trend is accelerating.

Read: https://x.com/goldtelegraph_/status/1726628254679998808?s=46

https://dinarevaluation.blogspot.com/2023/11/rv-update-by-goldilock-22-nov.html

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Parliamentary Resources: The Region’s “Procrastination” Obstructed The Approval Of The Oil Law, 1 JAN

 Parliamentary Resources: The Region’s “Procrastination” Obstructed The Approval Of The Oil Law

Money  and business  Economy News – Baghdad  The Oil, Gas and Natural Resources Committee in the House of Representatives attributed the delay in approving the Oil and Gas Law to the Kurdistan Region’s procrastination in implementing its obligations towards the federal government, while the Committee explained the sale of some oil companies’ shares in Iraq to two things.

Committee member Ali Al-Mashkour said, “There are outstanding points of contention between the center and the region that have caused the delay in approving the oil and gas law until now, in addition to the latter’s procrastination in implementing its obligations towards the center.”

Regarding the sale of some international oil companies of their shares in Iraq, Al-Mashkour stated that “this is due to two things: The first is to achieve its interests in other countries if a valuable opportunity is available to it, regardless of the place in which it was working. The second reason is “due to the political changes and events taking place in the country in which it was working and the conflict of interests between one country and another.” Views 76 12/31/2023 - https://economy-news.net/content.php?id=39012

"RV UPDATE" BY ARIEL, 1 JAN

 Ariel

@Prolotario1

(IMO): This meeting could comprise of these pertinent subjects. 

Artificial Intelligence 
Quantum Computing 
Nanotechnology Immortality 
Anti Gravity Quantum 
Economic Renaissance 
The 10 Freedom Cities 
Anti Gravity Vehicle 
Floating Cities 
Humanitarian Projects 
Singularity 
The New Republic 
Advanced Medical Technology 
Hydrogen Technology 

All of this will be a result of the currency revaluation set to take place. So this is natural that these subjects are covered to prepare the public for monumental changes. Even if everything doesn’t make to the table. We know why it’s important regardless when the plan to schedule.

8:38 PM · Dec 30, 2023

ARIEL

=======================================

Ariel
@Prolotario1

There is supposed to be an historical international meeting sometime in March next year. 

What will be discussed will change the entire landscape of our global economy.

The positive in this is it will not include any old Draconian faction. 

Will not be invited. You will love the turn out. More on this in the future.

7:09 PM · Dec 30, 2023

ARIEL

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The Central Bank determines 4 categories that are entitled to receive foreign remittances in cash in dollars, 1 JAN

 The Central Bank determines 4 categories that are entitled to receive foreign remittances in cash in dollars

Baghdad – 964

Yesterday, Sunday, the Central Bank identified 4 categories that are entitled to receive their foreign transfers in cash in US dollars during the year 2024, namely diplomatic missions, organizations and government contracts in effective in dollars and 40% of the remittances received to Iraqi exporters.

The central bank said in a statement, the network received 964 copies of which:

In implementation of the objectives of monetary policy and to enable banks to meet the needs of their foreign currency customers, the Central Bank of Iraq has identified the entities covered by obtaining their foreign remittances in cash in US dollar currency, as of January 2, 2024, according to the following:

– Diplomatic missions, all international organizations and agencies operating in Iraq.

– Non-governmental civil society organizations registered in the General Secretariat of the Council of Ministers, in case the foreign donor stipulated the payment of foreign remittances received in dollar currency inside Iraq.

– In force government contracts in USD, ongoing contracts on grants, loans and external agreements.

– 40% of the incoming transfers to Iraqi exporters resulting from their exports abroad.

Except for what is mentioned in the above, banks are allowed to hand over to their customers the amounts of their remittances received from abroad in cash, and from the self-resources available to the bank, and according to the agreement between the bank and the customer.

The Central Bank of Iraq confirmed that banks will continue to open bank accounts for customers in foreign currencies in exchange for (interest/returns), and that the customer has the right to withdraw deposits and interest/returns deposited in cash.

The Central Bank of Iraq noted that banks are not allowed to automatically transfer customer funds from outside Iraq in the US dollar currency to the dinar currency except with the customer’s consent, stressing the decisions of the Council of Ministers to prevent the conduct of internal transactions in foreign currency and enhance confidence in the Iraqi dinar.

https://964media.com/285535/