Thursday, February 15, 2024
"QFS CONVERSATION" BY GOLDILOCKS, 15 FEB
GOLDILOCKS
"The mission discussions covered policies to restore macroeconomic stability and improve growth prospects, focusing on finalizing the transfer of the RBZ’s quasi-fiscal operations to the Treasury and addressing other sources of fiscal pressures; liberalizing the foreign exchange market and establishing an effective framework for exchange rate and monetary policies; and progressing on reforms to improve economic governance."
IMF Staff Completes 2024 Article IV Mission to Zimbabwe. Article 4 with the IMF is a bilateral discussion on monetary policies that will allow them to move forward with direction. It will allow a country's consultation with them to fully inform all involved of a good path forward.
This is the second country in Africa to be given the green light to move forward with free floating exchange rates. This will allow Zimbabwe to put their money on a supply and demand platform allowing the markets to determine their new exchange rates.
© Goldilocks
https://www.imf.org/en/News/Articles/2024/02/13/pr2447-zimbabwe-imf-staff-completes-2024-article-iv-mission
Who wins and loses from the "withdrawal" of the international coalition forces from Iraq?, 15 FEB
Who wins and loses from the "withdrawal" of the international coalition forces from Iraq?
Baghdad today - follow-up
A report published by the British BBC network, today, Wednesday (February 14, 2024), reviewed the parties who gain and lose from ending the presence of the international coalition in Iraq.
The network quoted journalist and human rights activist Haider Al-Basir as believing that "American forces will not withdraw from Iraq in the near future and that the negotiations are to buy more time on the part of Washington."
Regarding the parties that lose from a possible American withdrawal, Al-Basir says that the Iraqi Kurdistan Regional Government and the Iraqi Sunnis will be the most prominent losers.
He says: "The Kurds and Sunnis refuse the evacuation of American forces, because they know full well that the Iraqi government is weak, and that Iran's influence may exceed Washington's influence in their country."
"Iran has Shiite factions loyal to it, Turkey is fighting the Turkish Kurdistan Workers' Party (PKK), which is active in northern Iraq, and the withdrawal will be in the interest of both countries."
Therefore, Sunnis and Kurds fear such a withdrawal because it will create a major vacuum, at a time when it is losing trust with Iran, whose recent improvement in relations with Saudi Arabia has not been reflected in its relations with Sunnis and Kurds in Iraq, according to Haider al-Basir.
Mohamed Abbas Nagy, a researcher at the Al-Ahram Center for Political Studies in Cairo, believes that the government, Iraqi factions and Iran are the main winners in the event of a withdrawal.
"The withdrawal means that Iran will automatically fill the resulting vacuum, so the first beneficiary will be the main regional adversary of the United States. Iran will portray it as a victory — as it did in Afghanistan — and will benefit greatly from it."
In addition, the Iraqi Shiite factions will benefit, and will "seek to strengthen their position and replicate the experience of the Lebanese Hezbollah in Iraq."
The government of Prime Minister Mohamed Shia al-Sudani will also benefit because the removal of coalition forces is part of its political program, and thus declare it a success for its political program, Naji said.
"The withdrawal will also give Russia, Turkey and Iran a great opportunity to put in place security and political arrangements in Iraq and Syria in the post-US withdrawal phase."
Source: BBC
"RV UPDATE" BY TEXAS SNAKE, 15 FEB
TEXAS SNAKE
Well folks banker is hopeful he will be getting the approximate time his staff will be positioned to begin scheduling our exchange appointments which will also provide the date of when we will or could become liquid.
We are close folks, GOD Bless for allowing me to continue to share what I learn.
"Was included in a call that contained some very valuable information regarding our anticipated benefits but was placed on a do not reveal type NDA, so please appreciate the position I find myself in sharing other than it is very very positive for us as well s the globe.
Will open for a short time so some guessing can take place to see if anyone has a clue as to what is about to unfold"
Folks please remain positive as the world economy cannot continue without a new influx of funds.
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-texas-snake-10-feb.html
Folks please remain positive as the world economy cannot continue without a new influx of funds
Banker has remained on the West Coast due to his wife's health condition but assures me he is in contact with Reno and will advise me as soon as he get his notifications which should occur just before the emails and 800 numbers are posted. Says all remains positive.
While I do not plan on opening the room tonight having spoken now twice to the banker today he is indicating he should hear something tomorrow and the absolute earliest notifications might be released would be Tuesday however he is more leaning to later in this coming week based upon past history. Either way I will post immediately upon hearing. GOD Bless.
Just visited with Okie re what the banker just related he was hearing to me from those above him that sometime late tomorrow or early Wednesday his appointment/exchange techs would be on call to schedule appointments.
He hopes this time it is for real as do all of us waiting.........
https://dinarevaluation.blogspot.com/2024/02/texas-snake-notes-2-feb.html
Well hopefully will get my computer repaired in a few days and can at least share what little is being brought forward.
Just visited with Okie re what the banker just related he was hearing to me from those above him that sometime late tomorrow or early Wednesday his appointment/exchange techs would be on call to schedule appointments.
He hopes this time it is for real as do all of us waiting.....
Parliament or government? Who is responsible for amending the 2024 budget law?, 15 FEB
Parliament or government? Who is responsible for amending the 2024 budget law?
Economy News - Baghdad
Today, Thursday, the Finance Committee clarified the powers of the federal government and the role of the House of Representatives in the current year's budget.
A member of the parliamentary finance committee, Mustafa al-Karawi, said in an interview with "Economy News" that "amending the federal budget law or not is related to the government and the extent of its need to make amendments to some sections and items according to the need and requirements."
He added that "the House of Representatives obligated the Council of Ministers, in accordance with Article 77 II of the Constitution, to send tables related to its forecasts of revenues and the actual volume of spending for 2024, while the rest of the budget items are supposed to be in force."
"If the government requests the amendment of some items, the House of Representatives will discuss them and work to reformulate them in a way that suits the government program and the requirements of the Council," the finance committee member said.
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...