Iraqi Dinar🔥Iraq's Electronic Payments System Being Established Today 20...

The Sudanese Advisor Details The Types Of Loans.. What About The Repayment Mechanism?, 10 JAN

 The Sudanese Advisor Details The Types Of Loans.. What About The Repayment Mechanism?

Economy News – Baghdad Today, Tuesday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed the types of loans granted to citizens and companies, while explaining the repayment mechanism for each loan.

 Saleh told the official agency, followed by Al-Eqtisad News, that “a loan is an amount of money borrowed by an individual or company from banks or financial institutions, in order to manage planned events financially, and thus the borrower bears a debt and must repay it with interest within a certain period of time.”.  He pointed out that "banking applications appear within the scope of granting loans.

The subject of the so-called (term loan) is a cash loan that is usually repaid in regular payments over a specific period of time.

Loans usually last between one and ten years, but they may continue for a period of time." Up to 30 years in some countries. He added, "The term loan usually includes an unfixed interest rate (also known as floating), which may add an additional balance to be repaid," noting that  

"economic life includes financial deficit units willing to invest that borrow from surplus units, who are the depositors in return." Interest paid by the borrower to finance an investment project or a specific economic activity in the fields of housing, industry, trade, agriculture, or services.

This is what is called bank credit, which is the essence of the banking process.

https://economy-news.net/content.php?id=39267

Coffee with MarkZ. 01/10/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning all…..What a happy day when the RV happens.

Member: Mark I am hearing dinar $3.81 and dong .47….is that what you are hearing?

MZ: That’s not what I am hearing but I would be ok with it. That would still be fantastic. But I am hearing higher rates than that.

Member:  Do you think the RV trigger will be pulled very soon ? Is there anything positive?

MZ: There are some group leaders and bond folks with expectations that are high….I am trying to get proof whether money has actually moved or not. Until I vet the rumors to find out if money has moved it doesn’t do anybody any good. 

Member: Yes we need some proof. 

MZ: MilitiaMan and crew did do an excellent one last night. There is hard, real traceable action coming out of the Iraqi government while they are working on the monetary reforms. Be sure to go listen to it. 

MZ: Iraqs stock market is up 90% in valuation based on the US dollar….. and they continuously talk about the exchange rate and what their market is going to look like after a change in the exchange rate. They are telling us its coming and that they will address it in their first parliamentary session.  And that session has just started.  Positive stuff. 

Member: Is there anything I need to do to get ready for the next financial system?

MZ: There is not anything you need to do to get ready. I was told the QFS will integrate with the legacy banking ..so don’t worry. 

Member:  Mark, will we know the Rates when we go into our Appointment? OR, does each Bank give you a different Rate?

Member: We may have to find that out at our appointment

Member:  Rumors:  Several Dinar sites claim low denomination Dinars in ATM's

Member:  Mark, what are your thoughts on our military not leaving Iraq? I’m hearing that new companies would prefer US Military presence while doing major construction?

Member:  Not sure-but maybe they are trying to squash the news about Military leaving not until Iraq pays them. 

MZ: “Central Banks go for gold in a bold move to safeguard dollar”  Moreso to safeguard themselves from the collapsing dollar ….374 tons just in 2023 in gold to the central banks. 

Member: Wish we knew the date….would make waiting more bearable. .

Member:  Rule of Thumb - If given a definite date for RV - assume misdirection

Member:  It's obvious at this point that the DS is successful in kickin' the can for as long as they wish. Too much "tomorrow, tomorrow" as people suffer and die; that's the reality of it.

Member: I pray there really are white hats helping save the world. 

Member: I think white hats are like leprechauns. We’d like to think they exist and they will bring us good fortune, but they are really a myth

Member: Hang in there everyone……I believe things will happen suddenly….and the best is yet to come. 

Member: Keep your thoughts positive… This week best new moon, very lucky. Hits tomorrow so feeling positive!

Member: Thanks Mark and mods…..everyone have a great day

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics. 

"RV UPDATE" BY FRANK26, 10 JAN

Frank26  

The next step in the monetary reform investment  that you're involved in will be the most difficult step.  It wasn't difficult to decide to buy the currency.  It wasn't difficult to put it in a safe all these years and wait.  Well I guess it was a little difficult.  But you're now at the point where you have to make decisions with what you have...You will be attacked ...You all need to take this a little bit more serious.

 on the 15th is when the CBI said the dinar would go international.  IMO it already did on January 1, 2024.  On the 15th I think it's when they make it official on the boards.   That would be good because then it's going to be used in markets.  It's going to be used to buy, sell trade.  It's going to develop trust, security, stability, value and that's not even the basket...!

The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start.  The dollar is going down and the dinar is going up.  Today you saw a third change 135,000 to 100 USD.  It's going in the right direction and it's moving fast...

Iraq Dinar - Sovereignty - Exchange Rate - Oil & Gas Law - International...

To Strengthen Monetary Sovereignty In Iraq... Chaos In Currency Markets And Accusations Of Manipulation, 10 JAN

To Strengthen Monetary Sovereignty In Iraq... Chaos In Currency Markets And Accusations Of Manipulation

09/01/2024  352 views  Local markets in Iraq are witnessing a state of turmoil as a result of measures to strengthen monetary sovereignty,  as dealing in the dollar is abandoned and the Iraqi dinar is adopted in daily financial transactions,  as a large difference appears between the official and parallel prices, which raises tension in the markets.

In this context, a member of the Parliamentary Economics Committee in Iraq, Soran Omar, accused influential parties of being behind the manipulation of the exchange rate. He pointed out that the government was unable to radically control the exchange rate, and that the measures taken to reduce it are still having limited impact.

He added that the ongoing smuggling and money laundering through some banks and money changers is working to complicate the situation, noting the continuation of the Central Bank’s measures in this context.    https://www.nrttv.com/ar/detail3/21561

"RV UPDATE" BY NADER FROM MID EAST, 10 JAN

 Nader From The Mid East 

  We told you we're going to switch from dollars to dinar and that happened...They talked about it yesterday and I'm really excited about it.  Today they're talking about again about the market and how it's excellent...It's going up slowly.  Listen, it's a lot of steps to do.  They're working on it.  Everyday it's a new step and that's really good.  I'm excited about it.  I hope everybody getting excited.  Don't get too excited though.  Keep grounded.

 It's going to be $3.50 to 1 and it's going to play about Forex between $3.50 and $4.50.  It's true what I tell you. I'm not playing around.

 Many people sending me things, things about 2026.  I don't think they're going to wait till 2026.  I don't think whoever explained you this, he read it wrong...If it start to float it's going to go quick.  We just need to float it...If they did like they said and took off the dollar from the market, from the streets, things going to go quick...I agree with them that it's going to go up gradually but it's not going to take two or three years to reach 1 to 1...

 Question:  "Is the rate and the [lower] currency gonna come out together?"  I think yes.  This is why I think yes.  First, because they cannot change an exchange rate with a big numbers [rate] and Second, they cannot change a [lower] currency with the small exchange rate...If you change, you've gotta change both.  If you take the 3-zeros from the currency, you're gonna have to take the 3-zeros out of the exchange rate in the same time.    That's what I think.

Happy New Year, best wishes and all that stuff...A lot of people are sending me messages going like do you see any changes?  ...I don't know why you're asking me that. What you guys heard?  Who told you anything?  Some people wrote me tonight at midnight the currency will be launched.  Some people said their new rate will come out tonight at midnight ...I didn't see anything like that.  They didn't say they're going to change the rate tonight.  They didn't say they're coming out with currency tonight... They'll never tell you they're coming out with it...I'm not expecting anything tonight...

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-nader-from-mid-east-3-jan.html