[via PDK] There is a lot of good news coming out of Iraq… Lots of good group chatter...There is all kinds of exciting rumors.
“Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.
The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate... Most groups are looking for over the weekend or first of next week…let’s see what happens
”Here is a great article written last August..”The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
[via PDK] There is a lot of good news coming out of Iraq… Lots of good group chatter...There is all kinds of exciting rumors.
[via PDK] “Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.
The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate... Most groups are looking for over the weekend or first of next week…let’s see what happens.
”Here is a great article written last August..”The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
Parliamentary: Disagreements between the Sunni component prevented deciding on an alternative to Al-Halbousi
Information/Private.. On Sunday, a member of the House of Representatives, Suhaila Al-Sultani, attributed the reasons for not deciding the appointment of a replacement for the expelled Speaker of the House of Representatives, Muhammad Al-Halbousi, while she confirmed that the most prominent of them is the escalation of differences between the forces of the Sunni component over the candidates for the position of Speaker of Parliament.
Al-Sultani said in an interview with the Maaluma Agency, “All the blocs of the coordination framework have a certain vision regarding the names that have been nominated to succeed Al-Halbousi,” noting that “most of the Sunni political forces have not reached a complete consensus on the candidates for the position of Speaker of Parliament.”
She continued, “Ending the differences within the Sunni component is an internal matter, and the framework will not interfere in the nomination of people who will be voted on within the dome of Parliament,” adding that “the escalation of differences between the forces of the Sunni component regarding the candidates for the position of Speaker of Parliament.”
Al-Sultani added during her speech: “The continued failure to identify a person to assume the position of Speaker of Parliament will make Parliament tend to open the door for nominations and voting for the individuals who will also be nominated.”
Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, had decided to adjourn the Parliament session after most of the political blocs objected to the Taqaddam Party’s candidate, Shalan Al-Karim, due to his scandalous past of stirring up sectarian strife, in addition to his glorification of the Grave Search Party.
Political affairs researcher, Saeed Al-Badri, had warned, in an interview with the Maalouma Agency, that the forces of the coordinating framework were not united in voting on the replacement for the expelled Speaker of the House of Representatives, Muhammad Al-Halbousi, while he wondered about the failure of the Shaalan Karim Taqaddam Party candidate to be included in the de-Baathification law after his glorification of the former regime. The graves.
The only thing missing is the lower denoms and the new exchange rate. Everything else is in position.
[Aki - Iraq Bank In US update]
AKI: There are many Iraqi citizens in the United States of American holding 3-zero notes. It is my job to collect them for the CBI, where they will destroy them. Our [job] is to turn in the 3-zero notes.
WALKINGSTICK: This is huge!
AKI: Agree. Direct deposit from now on. No limitations. Article VIII not only for the citizens but for investors.
[Aki - Iraq Bank owner in US update]
Question: "The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?"
Here in the Untied States we are preparing to do everything with electronic platforms...We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars...We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic.
When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes...The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically if they want the lower denoms and coins in their hands .
There are many Iraqi citizens in the United States of American holding 3-zero notes. It is my job to collect them for the CBI, where they will destroy them. Our [job] is to turn in the 3-zero notes. WALKINGSTICK: This is huge! AKI: Agree. Direct deposit from now on. No limitations. Article VIII not only for the citizens but for investors
[Aki - Iraq Bank owner in US update]
Question: "The new orders you got on January 1st, are they for you to dispense the lower denoms and collect 3 zero notes?" Here in the Untied States we are preparing to do everything with electronic platforms...We are prepared to collect the 3 zero notes from those that wish to exchange them for American dollars...We follow International banking laws, the same laws American banks follow. Here in the United States the bank that I am in charge of will be all electronic.
When you ask about the LDs they are only found in Iraq. We do not possess them. Iraq will give to the Iraqi citizens, when the time comes, physical lower notes and coins and collect three zero notes...The difference is that here in the US I have to do everything electronic where my friends in Iraq, their banks can do it electronic or physically if they want the lower denoms and coins in their hands.
Al-Sudani: We issued instructions to facilitate the implementation of the law canceling financial privileges for officials
Information / Baghdad.. Prime Minister Muhammad Shiaa Al-Sudani announced on Sunday the formation of committees and work teams to follow up and address lagging government projects and take the necessary measures to resolve them. Confirming that 71 corruption files were examined in various sectors through the complaints audit team, with an administrative investigation conducted in 24 cases.
Al-Sudani said in a press conference followed by Al-Maalouma that he “instructed the establishment of a committee to review previous contracts that showed significant circulation, and that a comprehensive evaluation of general managers and agents has already been completed.”
In an effort to restructure the government apparatus, the Prime Minister indicated the formation of a special committee for this purpose.
The Prime Minister confirmed “issuing instructions to facilitate the implementation of the law abolishing financial privileges for officials,” stressing “the importance of automating taxes and customs.”
He also directed “to issue controls to reform the tax system, with a shift towards electronic payment, and to achieve a unified account that shows the movement of funds in financial institutions,” calling for “supporting the private sector by government institutions and accelerating the completion of the final financial accounts for previous years.”
...in my conversation with my CBI contact on my Wednesday call...We...talked about...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...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.
There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.
Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS SOON"If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.
Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON"If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.
I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact ...gave me assurances that this could be the case.Keep our fingers crossed nothing else interferes in the process.
I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT