FREEDOM FIGHTER
🇮🇶 Iraq lawmakers to meet with the CBI to discuss ways to increase the value of the Dinar
🔰It’s obvious they are “discussing” ways and process to do so and this comes from their Economic Reforms…not a flipping of a switch
🇮🇶Iraq is connected to the global event and vice versa
🟢Please stay grounded and watch it unfold
https://shafaq.com/en/Economy/Iraqi-lawmakers-to-discuss-monetary-policies-banking-system-with-CBI
PARLIAMENTARY FINANCE BEGINS HOSTING SESSION OF THE GOVERNOR OF THE CENTRAL BANK
Baghdad / Nina / The Parliamentary Finance Committee held on Thursday a special session to host the Governor of the Central Bank of Iraq Ali Al-Alaq and officials of the bank’s board of directors, to discuss the files of financing the Central Bank’s sales of currency in the local market, the procedures of the electronic platform for selling dollars, the supervision of private banks, government bonds and follow-up procedures for electronic payment cards.
AN INDEPENDENT REPRESENTATIVE STRESSES THE NEED TO LEGISLATE THE OIL AND GAS LAW
Member of the Parliamentary Oil and Gas Committee, Independent Representative Nazem Al-Shibli, stressed today, Wednesday, the necessity of passing the oil and gas law.
Al-Shibli told Al-Maalouma, “The oil and gas law is the only solution to solve the outstanding problems between the federal government and the Kurdistan region, and its legislation will resolve all disputes between the two parties.”
He added, “The House of Representatives has completed all sections of the law, but the government has amendments and comments on some paragraphs of the prepared law.”
He pointed out “the difficulty of resolving the problems with the region without the oil and gas law,” noting that “11 amendments were made to the law.” Since the first session of the Iraqi Council of Representatives, in 2005, the draft oil and gas law has remained locked away, as disagreements prevent its approval in its final form. After 18 years.
Frank26
Article: "Among them concerns the dinar... the outcomes of Parliament’s finance meeting with the Central Bank"
ALL THEY TALK ABOUT IS THE 1.32 & THE INTRODUCTION OF THE LOWER NOTES!!! FINALLY... THE SOUND HEARD AROUND THE WORLD! This is actually happening. This is a reality. The monetary reform to add value to the currency and then to float internationally is a reality...because it's in print.
There was an announcement made by the Prime Minister Sudani...He told the Iraqi citizens, I'm going to add value to your currency. He used a solemn oath that swears upon Allah their God.MNT GOAT
We are now in a waiting game for the Central Bank to control the parallel “black” market.
Anything could now happen and is going to happen. Recent news of imminent World Trade Organization accession. Then to make it even better more pressure to float the dinar and even now get off the Petro-dollar and finally end the currency auctions altogether.
The saga about the Iraqi dinar RV continues. It is what you don’t know that can cause you some stress and anxiety. Even I sometimes want to rush the RV process and I have to step back and relax.
I have to ask myself if the CBI is following the 2011 Dr Shabibi and IMF plan. As long as they are following it, I am very happy and so should you. As we all know Iraq is NOT working on our timetable as their newly formed government is sometimes very slow to act.
Frank26 [Iraq boots-on-the-ground report] Omar You need a fully seated government in order to even consider a new exchange rate. USA ...