In my last few recent Newsletters I presented some very interesting and informative news articles we can use to help connect the dots about what is going on with the Project to Delete the Zeros. This is all fantastic news but just news for now. The actual execution part is coming VERY SOON but not yet!
Let’s get into today’s special news…. I am still staying VERY excited but remember Iraq does not work on our schedule. They are not Speedy Gonzales.
So, there is not much news to tell this period. I can see many are anxious about the possibility of the RV any day now. What do I keep telling you? Just relax it is coming and we must just follow the news and see what happens next. In the meantime, stay away from all these idiot intel gurus as they will fill your head with their nonsense and confuse you. They do much more harm than good to this dinar investment community.
Iraq has the attention of the world when it comes to ascension [into the WTO]. We have more than...the WTO, We have the World Bank...the ITC...Saudi Arabia....Armenia, the International Foundation for Corporations...What do they need with that? They need freedom of capital movement. That's article VIII compliance...What a time to be an investor in the Iraqi dinar...
Iraq is going to have a lot of inflows. They're going to need to make things stable...To be able to defend their currency they're going to need to keep pricing stable...All these guys, the World Trade Organization all know that.
How are you going to finance one of the biggest world projects at 1310 when your valuation of your country is far greater than any other country in the region per kilometer?...What value are they going to use to value the operational side of of the budget for 2023 and investment side for 2023? ...If they haven't gone to a private sector at 1310 obviously there's an circumstance that suggests they're not going to into a private sector at 1310...
Iraq concludes its discussions with the International Monetary Fund expert mission in Amman
The Iraqi delegation, headed by Finance Minister Taif Sami, concluded today, Thursday, its discussions with the Article IV mission of International Monetary Fund experts in Amman, while the mission confirmed its continued support for the government’s reform steps. The Ministry of Finance stated in a statement received by Mawazine News, that “during the discussions, the implementation of the economic reform program and the improvements achieved by the Iraqi government in the field of development infrastructure, financial sustainability, and maximizing non-oil revenues were reviewed.”
The Iraqi delegation confirmed, according to the statement, that “the Fund promised to support development programs to advance public financial management, digital transformation, banking, retirement, and customs sectors, and to enhance private sector participation efforts through investment incentives, infrastructure, and reconstruction,” indicating “its intention to continue discussions and consultations during the Fund’s periodic annual meetings.” ".
The Fund’s mission praised “the achievement of good progress in many financial and monetary aspects and in the areas of transparency, control, provision of financial statements and rationalization of expenditures, in addition to the strong return of growth in the non-oil sector during 2023 with a noticeable decline in inflation rates, and this is reflected in the decline in food and energy prices.” .
The mission noted “the positive developments in the return of trade financing operations to their normal path and the stability of the foreign exchange market following the implementation of anti-money laundering and counter-terrorism financing controls on cross-border payments,” welcoming “government plans aimed at strengthening public financial management, including welcoming “With the steps taken by the government towards establishing a unified treasury account, improving cash flow management and increasing the tax base, as well as reviewing the customs tariff structure and achieving more targeting in social support and care.”
The mission also expressed its optimism about “the level of understanding and progress achieved with the Iraqi government and the coordination steps and joint consultations that will be completed in the near term that will contribute to addressing the financial problems imposed by the circumstances of international conflicts and their accompanying economic impacts,” explaining that “purposeful structural reforms are continuing to stimulate economic diversification.” “Creating job opportunities led by the private sector is a pivotal factor in achieving sustainable and inclusive growth.”
According to the statement, priorities at this level include creating equal opportunities for the private sector by implementing reforms in banking and the electricity sector, reducing distortions in the labor market, and continuing to make efforts to strengthen governance and limit the spread of corruption.
It is noteworthy that Article IV consultations are bilateral meetings held annually between the International Monetary Fund and member states, after which a team of Fund experts meets the member country and conducts formal consultations with its officials. link
FIREFLY:TV showing half a billion dinar recovered from a corrupt banking judiciary officer.
FRANK: It just don't stop! Good gosh almighty everybody steals out there.
FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there.
