Al-Sudani: 2025 Will Witness Stopping The Waste Of Billions After Being Satisfied With Oil Derivatives[/Size]
Economy | 11:52 - 02/23/2024 Mawazine News – Baghdad Prime Minister Muhammad Shiaa Al-Sudani set the year 2025 as the date to stop the import of petroleum derivatives, during his inauguration of the North Refinery in Baiji. Al- Sudani stated, in a speech during the opening ceremony, that “this achievement and the previous achievements are in order to complete the country’s needs.” Of oil derivatives, the most recent of which was the opening of the Karbala refinery and another in Basra.
He added, “This is today’s great achievement to achieve an important step on the way to declaring Iraq soon, God willing, after completing the rest of the projects no later than mid-2025, and God willing, the heroes will surprise us with a sooner date to announce the completion of Importing oil derivatives and transferring this huge amount of money, billions of dollars, to other aspects. This is the real reform.
He pointed out that "reform is not a single word, it is not just a word, but rather action, planning, and a goal, and this is what we are working on."
He continued, "The other side of this achievement was achieved through national effort as well. When we announced the start of the construction of this refinery, there were those who doubted this promise and said that the reasonable time limit ranged between 3-4 years, and we used to hear this from those who claimed specialization." https://www.mawazin.net/Details.aspx?jimare=242596
...when it does finally come out on the global exchanges, like FOREX, the rate in Iraq will coincide to whatever the rates are on the global currency exchanges that you want to exchange the dinar to. The banks will then use FOREX...Once on FOREX, there will be currency exchange rates in Iraq and elsewhere according to the country’s currency you are exchanging it in.
For instance, if you are in the United States you will exchange for USD. If you are in Germany you will exchange for Euros, etc.. etc... There are no other rates. The Iraqi program rate will be gone. That whole temporary currency system will be gone.
"ANALYSIS OF IRAQ NEWS: CBI CANCELING CURRENCY AUCTIONS" BY MNT GOAT, 23 FEB
So, just today another article came out from the CBI telling us about yet more steps in the RV/Reinstatement process that are about to be implemented. The news could not get any better, aside from having the reinstatement itself. WOW! WOW! WOW!
I want to fully explain all of it in detail to you and why I feel so excited today and what we should look forward to soon. In this recent article the CBI is telling us once again the plan to end the currency auctions which also means the U.S. Treasury electronic platform, installed last January 2023. Do you remember? So even though we have been hearing bad news about the inability of the CBI to control the parallel rate, something has changed for the better. Here is the quote from the article –
“The Central Bank of Iraq is heading to cancel the electronic platform and the currency auction soon”.
We all know that soon means many things to the Iraqis. Speedy Gonzales does not work in Iraq… lol.. lol.. lol.. But also remember that the CBI told us in another past article that March is targeted for this effort to occur. March is just a week away.
The Outlets Seized Money In Iraqi Dinars And Dollars Whose Owners Tried To Smuggle Them Out Of The Country
Economy News – Baghdad On Thursday, the Border Ports Authority announced the seizure of funds in Iraqi dinars and dollars whose owners attempted to smuggle them out of the country.
A statement by the authority, seen by Al-Iqtisad News, said: “The Trebil border port was able to arrest an Iraqi traveler in possession of (7) MasterCard cards at the departures checkpoint without declaring them, and after examining them with the POS device at the Civil Customs Center, it was found that the total amounts in them amounted to (52,829,000) fifty-two million eight hundred and twenty-nine thousand Iraqi dinars.”
The statement added, "The Shalamcheh border port was able to arrest an Iraqi traveler in the departure hall who did not have official documents in possession of (62) thousand US dollars. He tried to smuggle it by concealing it in a professional manner." He pointed out, "Their statements were duly recorded and they were referred, along with the seized items, to the competent judicial authorities to take legal measures against them." 276 views 02/22/2024 - https://economy-news.net/content.php?id=40782
I'm going to try to create a schedule and starting with: this is a non-taxable event, these exchanges are not taxable, there is no need for a tax shelter, meet with your teams after this and it was designed this way, We are not going to have under NESARA a complete change in our Fed income system, not personal and perhaps not corporate. The thing is, we will have a consumption tax, but not on new items - food will still be taxed, but recipes will not, so we will see when the tax applies, but we are aware of the consumption tax from the 14th to the 15th % within the consumption tax. estate. Like VAT but similar.
The other thing is the timeline we've been told to watch out for this week: today and tomorrow look at the stock market against Big Pharma and we'll take a big hit today and tomorrow. Something to take into account.
As for the weekend, Saturday and Sunday, if you try to use an ATM or send a bank transfer and starting on Saturday, Sunday and Monday, the banks go through a clearing process called Book Clearing: the USD disappears and is replaced with the USN and USTN so what will happen? They are turning off ATMs and bank transfers; I'm not sure if it's full or partial, but it will happen on Saturday and Sunday.
That brings us to the last three days of the month and Tuesday the 27th is the day we are supposed to receive our Notifications starting at 3pm. and from three different sources, so our next Big Call probably won't happen, so our exchanges and appointment starting next Wednesday and we will have our new USTN by the 29th, so 27 - 28 exchanges and will continue and then the USTN - outside but they won't mention the Gold Standard - but we should have information from NESARA about those last three days of March 1st and I really believe that the USTN presented it between Friday March 29th and March 1st.
Now let's talk about the R&R idea that we talked about for several years and which will start a week after the USN is presented, that is, the second week of March.
The increases in SS will occur in March and perhaps begin the second week of March (Maybe).
Banks that are not compliant with Basel three are being forced to do so and the discontinuation of cell phones - there were 7 states that were not compliant with Basel three and the forces were not achieving it and preventing it from being done, so the cleanup in those hallways They were happening this morning and what they've done has generally taken place to facilitate that and primarily in the northeast, about 7 or 8 states.
Good news. All banks will comply with the rules this weekend or not open their doors, so they are doing everything they can to do so now. Very interesting to know about that.
That brings us to the last three days of the month and Tuesday the 27th is the day we are supposed to receive our Notifications starting at 3pm. and from three different sources, so our next Big Call probably won't happen, so our exchanges and appointment starting next Wednesday and we will have our new USTN by the 29th, so 27 - 28 exchanges and will continue and then the USTN - outside but they won't mention the Gold Standard - but we should have information from NESARA about those last three days of March 1st and I really believe that the USTN presented it between Friday March 29th and March 1st.
Now let's talk about the R&R idea that we talked about for several years and which will start a week after the USN is presented, that is, the second week of March.
The increases in SS will occur in March and perhaps begin the second week of March (Maybe).
Banks that are not compliant with Basel three are being forced to do so and the discontinuation of cell phones - there were 7 states that were not compliant with Basel three and the forces were not achieving it and preventing it from being done, so the cleanup in those hallways They were happening this morning and what they've done has generally taken place to facilitate that and primarily in the northeast, about 7 or 8 states.
Good news. All banks will comply with the rules this weekend or not open their doors, so they are doing everything they can to do so now. Very interesting to know about that.
Buenas noticias. Todos los bancos cumplirán con las normas este fin de semana o no abrirán sus puertas, por lo que están haciendo todo lo posible para que lo hagan ahora. Muy interesante saber sobre eso.
Washington restricts Iraq to the control of the Federal Reserve... manipulating the country’s capabilities and dominating financial sovereignty
With the principle of tightening the screws from all sides, the United States of America continues to manipulate Iraq’s vital capabilities from time to time, and in parallel with the important events that occur in the political, security and economic arena, given the dictatorship that Washington is implementing towards the country through the Federal Bank, and the delay in sending Iraq’s export funds. Oil for the purpose of causing a liquidity crisis that hinders the work of the government, especially the crisis of delayed release of recurring employee salaries as a result of; Reducing financial releases from America despite the increase in the country’s financial balance during the recent period, amid many calls for the government’s need to move towards achieving economic sovereignty and breaking American hegemony.
*Financial sovereignty?
Speaking about this file, a member of the House of Representatives, Thaer al-Jubouri, accuses the United States of America of controlling Iraq’s funds through the Federal Bank, while he stressed that Washington is creating pretexts to control a number of files.
Al-Jubouri said, in an interview with the Maalouma Agency, that “America is trying to force the country to pay the price of solidarity with the Palestinian cause and a position against the Zionist entity,” pointing out that “achieving economic independence is extremely important for the development of the Iraqi economy.”
He continues, "One of the reasons for the crisis of the rise in the parallel exchange rate of the dollar is the interventions of the US Federal Reserve, which takes decisions and imposes sanctions," adding that "America controls the rise and fall of the dollar price through many of the schemes it follows."
Al-Jubouri concludes his speech by saying, "Washington is always trying to influence the government's steps that seek to achieve economic and military independence for the country," accusing "the United States of America of dominating Iraq's funds through the Federal World Bank."
*Washington conspiracy?
In addition, the economic expert, Nasser Al-Kinani, warned today, Thursday, of a plan to seize Iraqi oil money from the US Federal Bank, while revealing details of a conspiracy against the Iraqi economy.
Al-Kanani said in an interview with the Maalouma Agency, “The sanctions imposed on Iraqi banks contributed to a liquidity crisis for the dollar in the local markets,” noting that “there are fears of stopping the export of money from selling oil to the country.”
He continues, "The Federal Reserve's sanctions on Iraqi banks are intended to benefit the rest of the Arab banks that partner with Washington," pointing out that "the dominance of the United States of America over the Iraqi economy still continues until now."
Al-Kanani added, "The United States of America has issued sanctions against 26 banks so far," considering that "the process of stopping these banks is unjustified and there are no reasons to take measures against them."
The United States of America continues to impose its influence on Iraq in many vital files, including the authority to deposit Iraqi oil sales funds in the US Federal Bank, amid clear blackmail to pass many files, or manipulate the dollar bill, which puts great pressure on the government. link