"STATUS OF THE RV" BY DINAR IRAQ & DONG VIETNAM, 13 JAN

 STATUS OF THE RV

Most of the news is all about whether or not the US forces should leave Iraq.

Yes, the CBI is still working on tactics to bring the parallel rate into conformity and stability.

Of course the Iranian backed politicians, especially backed by Nori Al-Maliki will find any reason to push the agenda of getting rid of US forces.

He wants a third term and a dictatorship.

I don’t have to remind you of what happened in 2004 with the ISIS invasion and so, if the forces did happen to pull out, ISIS would not be their biggest worry as the Iranian militia would certainly move in and fill the gap.

We would experience an invasion of Iraq all over again and so this would end the SECURITY part of the needed security and stability Iraq needs to move ahead with the currency reform.

Yes, it would kill the process for very long time.

But in today’s article they show that the US forces are not going anywhere soon as the prime minister Al-Sudani and the Kurdistan president Barzani both request the forces to remain.

I would not worry about this.

So, of course I asked this question in my conversation with my CBI contact on my Wednesday call.

I was also told not to worry about it and it is just pressure and talk from the Iranian back politicians.

We also talked about, of course the monetary reform and where it stood.

I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar.

But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even.

But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable.

Again I asked what rate the CBI wants to bring the parallel rate of the dollar down to?

I was told at least around the “official” CBI rate.

They are driving to have them match very closely.

In consultation with the IMF this is what they are now mandating and is in the plan.

When this is reached and stable, the committee will be notified to begin the process of deleting the zeros and move ahead with it.

I will always stand by the prophetic word too as I trust God’s Hand to work this for us.

We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.

So go figure what is happening.

It is a new year and all the prophets tell us that in 2024 it is going to be the year of the breakthrough.

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Responding to more of your comments 01/12/24 - Million dollar projects w...BY PIMPY

Parliamentary forecast for the course of the session to select the Speaker of Parliament: Shaalan Al-Karim is the first to lose, 13 JAN

Parliamentary forecast for the course of the session to select the Speaker of Parliament: Shaalan Al-Karim is the first to lose

Information/private..
Former MP, Jassim Muhammad Jaafar, predicted today, Saturday, the course of the election of the Speaker of the House of Representatives within the dome of Parliament, and while he expected that several rounds would be held to decide the most prominent candidate for the presidency, he pointed to Al-Mashhadani’s chances.

Jassim said in an interview with the Maalouma Agency, “The election session for the Speaker of the House of Representatives, instead of Muhammad Al-Halbousi, will take place according to several rounds,” indicating that “the first round will not witness the victory of any candidate, and the competition will be intense between Mahmoud Al-Mashhadani and Salem Al-Issawi.” And the generous Shaalan.”

He added, “The first candidate who will drop from the nomination race is the Taqaddam Party’s candidate, Shalan Al-Karim, and the competition will be between Al-Mashhadani and Al-Issawi.”

The former MP explained, “The Azm Alliance candidate, Mahmoud Al-Mashhadani, has more chances of obtaining the position of Speaker of Parliament than Salem Al-Issawi, as a result of the coordination framework’s support for him,” stressing that “If Al-Mashhadani reaches the second round of voting, all the representatives of the coordination framework will be with him.”

A member of the House of Representatives, Ali Al-Jamali, had confirmed in an interview with the “Al-Ma’louma” agency, “The failure to reach consensus on a specific person to head Parliament will not affect the holding of the inauguration session for the replacement today,” adding that the coordination framework tends to vote for the Al-Azm Alliance candidate, Mahmoud Al-Mashhadani.

All the forces of the Coordination Framework and its allies are moving to close the page of the expelled Speaker of the House of Representatives, Muhammad al-Halbousi, by installing a replacement, restoring stability to the House of Representatives, and legislating many laws.

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"RV UPDATE" BY MILITIAMAN, 13 JAN

  Militia Man 

  The Port of Faw is going be absolutely insane when it comes to...global expansion...How much revenue streams are going to go through?  From the Silk Road...development road in to Europe...This is really exciting stuff...Why would all this be happening if Iraqis use going to be at this punishment rate of 1310 to the dollar?  

Why would Al-Sudani be going to Davos trying to explain how his country is going to be the savior of the Global Financial System? 

 Al-Alaq said he was going to delete the zeros/the project to delete the zeros off the exchange rate .  What did Al-Sudani say?  He said the dinar would be stronger than the dollar.  What did Salih say? 

   He said they were going to have a major announcement.  We're going to see if all three of those guys are telling the truth or not.  I have a feeling they are...

Accounting started January 1st.  Taxation in the dinar, commercial trading in the dinar was supposed to start on the 1st.  We're going to have to watch them expose how this rolls out.  

Iraqi Dinar🔥Starting Now Final Countdown Of Iraqi Dinar RV Today 2024🔥ir...

Al-Sudani and Barzani discuss resolving the outstanding files and issues and absolute concern for Iraq’s sovereignty, 13 JAN

Al-Sudani and Barzani discuss resolving the outstanding files and issues and absolute concern for Iraq’s sovereignty

Today, Saturday, Prime Minister Muhammad Shiaa Al-Sudani discussed with the President of the Kurdistan Region, Nechirvan Barzani, a solution to the issues between Baghdad and Erbil and absolute concern for Iraq’s sovereignty.

A statement by Al-Sudani’s media office said in a statement, “Prime Minister Muhammad Shia’ Al-Sudani received the President of the Iraqi Kurdistan Region, Nechirvan Barzani, and his accompanying delegation.”

He added, “The meeting witnessed discussion of all issues and files at the national level, the latest security and political developments in the region, and an emphasis on Iraq’s firm and principled positions regarding the challenges facing the sustainability of stability, and its absolute concern for Iraq’s sovereignty under various circumstances.”

The statement continued, “The meeting discussed mechanisms for moving forward in resolving files and issues between the federal government and the regional government in accordance with the constitution, in a way that ensures that citizens in the region’s governorates are spared any harm, or bear the consequences of the challenges affecting the administrative, financial, and economic files.”

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"RV UPDATE" BY PIMPY, 13 JAN

 Pimpy 

 Don't get me wrong, they're going in the right direction.  They're taking the right steps to strengthen their economy to strengthen the Iraqi dinar but if you're thinking this is going to happen overnight, you are sadly mistaken...The Iraqi dinar IMO is going to go up in increments.  I still believe you're going to see an increase in the first quarter of this year.

 What's attractive about coming over to Iraq to do business is the fact that the currency is so cheap, that labor... production...and product cost are all cheap as well.  

Why do you suppose Nike gets their shoes made in China?  Because...they pay $5/month and then bring the shoes over here to America and sell them for several hundred dollars.  Do you see the huge profit margin.  

That's the same thing with Iraq.  The currency is so cheap the companies would rather do business in Iraq ...because of the cheap labor...When they increase the exchange rate it's more costly for labor, products and production...Do you think they want this low exchange rate?  Yes.  And...they want it much lower.  They don't give a shit.