Saturday, February 3, 2024
"RV UPDATE" BY NADER FROM MID EAST, 3 FEB
Nader From The Mid East
A lot of people's comparing Iraq with Kuwait. Kuwait is only 4,400,000 people...they have 104 billion barrels of oil. Iraq has 140 billion barrels oil and this is only with the 4 or 5 manufacturers. The other ones are not working yet. Iraq from here to 2025 will almost 300 billion barrel of oil...
Algeria is big and has a lot of assets but they have a lot less than Iraq and their dinar is stronger than Iraqi dinars. If you look a the Tunisian dinars, Tunisia has nothing...and their dinars are 3 to 1 - Three dinars to $1. My point is these people has nothing. They're coming out a revolution. They is a mess. It's completely a mess. They lost a lot. The private sector is a mess and its [their dinar] is still strong. Iraq, this rate is still a punishment rate...They have to revalue. If they revalue they're going to revalue 1 to 1.
We coming out from war. We coming out from the worst thing in our life. We just start to walk...We just start to grow...It almost collapsed but didn't collapse. It maintained itself and maintained himself stable...The only thing that destabilize the economy of Iraq is the war...Iraq is a very strong country...In a couple years Iraq is going to be one of the stronger countries in the world...Iraq is very strong.
Iraq survived the worst thing in their life. We survived 3 or 4 wars in the last 50 years. We survived it and each time we came back and we came back strong. This time we're going to come back very strong...Iraq economy never collapse by himself. Iraq economy always stable unless somebody else disable it for them. Iraq's economy is one of the best economy in the world and it's going to come back to the best economy in the world. The negative things about Iraq will never revalue, it's a scam, that's all bullshit. Iraq's going to come back one day and it's coming to come back soon.
https://dinarevaluation.blogspot.com/2024/01/we-coming-out-from-war-by-nader-from.html
"CHASE BANK STORY" BY FRANK26, 3 FEB
Frank26
[Chase Bank story]
I went into Chase Bank to speak to the wealth manager... [I asked] Are you aware of the reinstatement of the Iraqi dinar? She looked at me and chuckled and said I just got out of a meeting on that...I started asking questions and she says, as a banker I cannot answer those question right now...personally I can tell you things are moving. She said, I will put you in my computer to call you in two months if I have not heard from you.
Have I not been telling you for a long time now the next phase for you as an investor in the Iraqi dinar is going to be the most difficult phase.
Many of you unfortunately only want to buy the dinar to get rich. It's like buying a gun - If you don't know how to use it you can hurt yourself or someone else. You bought the Iraq dinar...I have been begging you to put a team together.
[NOTE: At the appropriate time consult great financial Advisors, tax attorneys, tax professionals to build the best exchange strategy for your unique circumstances.]
Al-Sudani: The government will continue its measures to reform the banking sector, 3 FEB
Al-Sudani: The government will continue its measures to reform the banking sector
Information / Baghdad..
Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Saturday, that the government has provided sovereign guarantees for projects implemented by the private sector.
A statement from Al-Sudani’s office received by the Al-Ma’louma Agency stated that “the Prime Minister received a number of investors and businessmen who own medium-sized projects.”
The statement added, “The meeting witnessed a review of the most important projects being implemented, the obstacles and problems facing employers, and ways to address them.”
During the meeting, the Prime Minister stressed “the government’s orientation towards supporting the private sector and supporting small companies,” noting “activation measures taken for the first time, including the sovereign guarantees provided by the government for projects implemented by the private sector.”
Al-Sudani stated, “These steps come from the government’s vision of the state’s work that it cannot be managed only through government institutions and the public sector, relying on the budget and oil prices, and on government jobs. Rather, there must be a societal understanding of the private sector, and experience with projects.” Small and developing.
According to the statement, the Prime Minister touched on “the challenges facing economic and financial reform in several files, as the implementation of the electronic payment system faces many obstacles, and there are also attempts to circumvent tax reform, company registration and customs procedures, and all of them are being addressed,” stressing that “the government also continues to… Its measures to reform the banking sector.
The statement indicated that “the Prime Minister talked about contracts for new residential city projects,” explaining that they “aim to solve the housing crisis and revitalize industry at the same time, as the construction sector serves this trend, which increases local production capacity in these industries.”
almaalomah.me
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