On Monday of this week the president of Iraq Adbul Latif Jamal Rashid, met with the special representative of the Secretary General of the United Nations in Iraq, Jeanine Hennis-Plasschaert.
In that meeting the President of Iraq...stated Iraq is keen to work with international organizations to confront challenges in the field of environment, climate, health, and education in a way that ensures a decent living for Iraqis. It is our hope as investors that a 'decent living' means an increase in the value of the currency.
In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country.
All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...
Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.
A nice guy sat down with us asked us questions about opening accounts...In the process of that being done...He asked me a simple question how much are you planning on putting in here?
I told him it was going to be a sizable amount. He said, give me a figure. I said 7 figures at least... He looks at me and says, dinar?
...I said absolutely. He said he had a meeting yesterday. ..It wasn't long after that a nice looking young man...shook my hand and said Hi, my name is so and so and I'm with JP Morgan.
FRANK: Oh my word, you're the 5th one that's told me this. It seems like they're bringing in JP Morgan representatives inside of Chase Banks. That what I'm noticing.
BANK STORY MAN: This guy from JP Morgan he says...we've been waiting for this a long time haven't we...
Saleh Confirms Iraq's Monetary Sovereignty And Reduces The Effects Of Speculation In The Parallel Market
Time: 03/05/2024 Read: 2,405 times {Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, ruled out any effects on the exchange market due to “speculation” of the dollar in the parallel market. Saleh told Al-Furat News Agency, “The effects on the exchange market no longer represent the real price operations of the basic market forces.” He stated, “Parallel market operations are nothing but illegal speculative acts that profit from accidental profits on individual or marginal transactions and are undertaken by forces of speculators working against the law. This irregular parallel market has become isolated from the power of the official or regular market since the end of the legalization of economic transactions and the prohibition of... Any transactions in dollars in clearing debts within the national economy between natural and legal persons, as today any internal contracts, transactions or obligations concluded in foreign currency and denominated in a currency other than the national currency are not legally accepted.” Saleh noted that "this confirms the monetary sovereignty of our country through the stability of the national currency and dealing in it alone without the participation of foreign currencies in internal economic operations." https://alforatnews.iq/news/صالح-يؤكد-السيادة-النقدية-للعراق-ويقلل-من-تأثيرات-المضاربة-في-السوق-الموازي
Economical 03/04/2024 Muhammad Sharif Abu Maysam Among the most important elements of investment is the state of exchange rate stability, and
stability means the stability of the price in foreign exchange exchanges and trades with the national currency, and
this stability is extremely important in a business environment that attracts foreign investment and a basic goal among the goals of monetary policy, as it constitutes
Monetary stability is an important element in the calculations of feasibility studies, especially for foreign capital, as
feasibility studies for projects financed by foreign investment cannot be completed without financial stability, because
financial feasibility takes into account the stability of the exchange rate and the margins of change in this price during the project establishment period and the operating period, and those in charge of it seek
The financial feasibility study involves knowing the margins of change in the exchange rate to determine the final exchange rate during the life of the project, with the aim of arriving at perceptions of the equation of construction and operating costs and revenues with the surplus value and then making the appropriate decision regarding investment or not. On this basis, promising investment environments cannot be considered attractive unless monetary stability is achieved alongside security stability and the presence of an effective executive apparatus with an integrated legal system that fights corruption, contributes to protecting the investor and local production, and puts an end to commodity dumping in a business environment in which the infrastructure is integrated. It is certain that the state of monetary stability in light of the digital transformation of banking tools, exchanges, and financial transactions requires great effort and work, and requires sufficient time to complete these transformations in the episodes related to trading, most notably the mechanisms of the commercial system, including the financial transfer mechanisms for compliance with the anti-money laundering law and financing... Terrorism No. 39 of 2015 and the application of international standards and instructions related to the integrity of the financial system mitigate the risks of this phenomenon in light of the many obstacles that still constitute the largest barrier to the lack of transparency and integrity of financial operations. The continued state of inconsistency between the application of rules and standards in the external transfer process and its consequences as a result of the growth of the black market and the difference between the official exchange rate and the selling prices of imported goods according to the market movement,
in addition to the sale of the dollar in various forms, will contribute to a state of monetary instability and the continued growth of black market parasites in addition to the growth Capitals benefiting from the difference in the official exchange rate and the prices that fluctuate daily depending on the movement of the black market. Therefore, the factors that will result from these disturbances that drive away investment constitute a danger that is no less harmful than the danger of rising prices of goods and services, if not more harmful due to the continued need of the business environment for investment and the revitalization of the role of the private sector. https://alsabaah.iq/92803-.html
On Sat. 23 Feb. 2024 the World Trade Organization announced that Iraq had completed all requirements to be accepted as a member including having set their new Iraqi Dinar Rate, which the next day on Wed. 28 Feb, the Central Bank of Iraq announced as $3.47. Then the Dinar went live on back screens of the Forex for $2.70 and began fluctuating upward in value.
By Thurs. 29 Feb. at around 7 pm EST Iraqi PM Al Sudani formally announced that the Dinar was asset-backed and Iraq had officially joined BRICS.
On Fri. 1 March, with various countries new currency rates having been agreed upon, Iraq officially joined other BRICS nations for the Global Currency Reset – exactly one year (March 2023) after the new Quantum Financial System went live on the Star Link Satellite Network.
On Thurs. 7 March during Actor Biden’s State of the Nation Address, the Green Light was lit for the Global Currency Reset. Tier4b (us, the Internet Group) notification to set redemption/exchange appointments could occur at any moment. Tier4b will have 14-15 days to exchange at Redemption Centers at the special rates, after which you would have to exchange at a bank at the lower rates.
On Mon. 11 March the Bank Term Funding Program (BTFP) will cease making new loans according to the Federal Reserve Board. This would be a huge catalyst for the banking crisis and beginning of the new gold-backed financial system!
By Mon. 11 March,Worldwide Martial Law could be made public, with Ten Days of Darkness/ Exposure beginning via takeover of Mainstream Media.
On Fri. 15 March the new gold/asset-backed US Note should be available to the General Public and will replace the old Federal Reserve fiat US Dollar in ATM machines.
It was also likely that on that same Fri. 15 March Restitution and Rebate monies will begin to be paid out and Social Security increases will begin.
Wed. 20 March would end the ten days of Disclosure.
Global Currency Reset:
Fri. 8 March Texas Snake: Banks have been placed on alert beginning Mon. 11 March, so he feels we are close. We might get notified but exchanging would start a few days after that.
On Mon. 11 March banks will no longer be legally able to loan the fiat US Dollar as per announcement of the Federal Reserve Board. In other words, banks will begin to close on Mon. 11 March and the only way they can save the economy is to activate the Global Currency Reset – which evidently they did on Thurs. 7 March during the fake Biden’s State of the Union Address.
Fri. 8 March HS Quan on Telegram: There is a guy named PJ who got on Simply Linn’s show today to talk about his exciting experience with Chase. He asked, “Is the private back screen rate for IQD around $3?” The banker smiled and said, “They’re waiting for the trigger in the near future, and then mentioned the term ‘QFS.’”
Thurs. Evening 7 March Wolverine: “One hour after the State of Union Address, all bonds will be released and notifications will be released.”
Thurs. 7 March A high up Source said we would get notification sometime over the weekend.
Thurs. 7 March Bruce:This morning a source from Iraq said that Iraq would get the RV out to us over the weekend. Another source said that one hour after the start of the State of the Union speech Thurs. evening everything would be released: Bond Holders, Admirals Group and Tier 4 funds would be released. Notifications could come at any time.
