Sudanese Advisor: The government has adopted a flexible plan to recover funds and bad debts, 16 MARCH

 Sudanese Advisor: The government has adopted a flexible plan to recover funds and bad debts

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, explained the details of a flexible government plan to recover funds and collect bad and accumulated debts.

Saleh said, “The government has granted the government banking system in general, and the Iraqi Trade Bank in particular, sufficient flexibility in re-collecting its uncollected debts granted to various natural and legal persons, which have accumulated over many years, in accordance with a fair and highly flexible collection program at the same time, which... It makes the assets of government banks and the Trade Bank of Iraq at a high quality level on an ongoing basis, and at the same time enhances the sustainability of government banking, financing official foreign trade, and strengthening financing guarantees linked to strategic development opportunities in the country.”

He added, "The government has adopted a flexible plan to recover funds, especially those that are in default due to accumulated historical reasons. It is a plan that will adopt flexible and solid solutions that are in the interest of the strength and stability of the government banking system and strengthening its assets and financial leverage."

He continued, "The financial and monetary authorities will exert, through their policies, supportive measures for the government banking system, which is no less important than the reform policy adopted by the aforementioned banks themselves and in accordance with their current development program in building an integrated, highly efficient banking market that serves the sustainable development and stability of the national economy."   link

"THE IQD RATE DISCUSSION" BY HARLEQUINC3, 16 MARCH

 Harlequinc3

  It helps me to think of it this way. 1.32 IQD to 1 USD means it takes 1 whole dinar and .32 of ANOTHER dinar just to get $1. It's not QUITE at a dollar. That's $.76.  So if it was .50 IQD to 1 USD, that means it only takes HALF of one whole dinar to equal a dollar -- so that's a $2 rate.  If it was .33 IQD to 1 USD, that means it only takes 1/3 of a whole dinar to equal a dollar -- wow, that's a $3 rate! 

-----

Over the years, there's been many articles about the old currency retaining its 'nominal  value' -- the denomination remains the same, a 25,000 dinar note remains 25,000 one dinars. And the new 25 denomination remains 25  one dinars.

 1 dinar = 1 dinar.  Denomination value just means 'name' not exchange rate. The confusion arises from people thinking  'value' means exchange rate, when it's just talking about the nominal value -- the 'named' value of the dinar, which in this  example is a '25,000 dinar' note -- that's its name, not its exchange rate.

 To an Iraqi, an exchange rate of pounds sterling to dinar is meaningless. 1 dinar is just 1  dinar. But what does that 1 dinar buy? That's what matters to an Iraqi...IMO, the latest article is explaining, the named value of  both notes don't change (it doesn't affect the 'nominal value.')

 It answers the question about a lop of the old dinar, explaining  you will exchange 25,000 old dinar for 25,000 new dinar (electronically) at a 1:1 value -- the named value remains the same. Of  course, for people outside Iraq they will be exchanging 25,000 dinar for their home country's national currency of 25,000 dinar at  an approved exchange rate.  

https://dinarevaluation.blogspot.com/2024/02/1-iqd-1-iqd-by-harlequinc3-1-march.html

"RV UPDATE" BY WOLVERIBE, 16 MARCH

Fri. 15 March Wolverine, MarkZ

Over the weekend, especially in Europe, the final transition to 20022 (or whatever) is activated. High expectations for massive banking changes this weekend. My bank even notified me that some services will not work overnight on Sunday. Member: 

My bank emailed and said they were making some important updates before April 15th. Member: I received a message from my bank saying that on the 17th, from 1:00 am to 5:00 am, there will be no service for all transactions. 

Member: Rumor has it that Chinese Elders have paid off ALL debts worldwide at this time. 

So I’m resting comfortably…without fear.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-wolverine-16-march.html

Wolverine Exclusive Leak

 400,000 Wells Fargo Emails Generate Massive Liquidity with Zim Bonds and NESARA! 

In an unprecedented move that is expected to shake the financial world, Wells Fargo and HSBC are about to begin a massive release of liquidity, a move that is as audacious as it is profitable. This is a secret operation that could change the economic landscape forever.

 The plan? Sending over 400,000 emails to currency and bond holders, providing them with the golden keys to a treasure that is hiding in plain sight. 

https://gazetteller.com/insider-info-400000-wells-fargo-hsbc-emails-unleash-financial-redemption-and-skyrocket-zim-bond-wealth/

https://dinarevaluation.blogspot.com/2024/03/wolverine-exclusive-leak-14-march.html

Iraqi Dinar🔥WOW Exchange Rates For Iraqi Dinar Holders Today 2024🔥iraqi ...

A government directive is to issue electronic payment cards to university and school students and require restaurants to have them, 16 MARCH

 A government directive is to issue electronic payment cards to university and school students and require restaurants to have them

An informed source revealed a government intention to expand the electronic payment application and reduce cash dealing.

 The source told Al-Furat News Agency that “electronic payment cards will be issued to university, institute and school students.”

He pointed out "the trend to oblige restaurant owners to deal with electronic payment within the plan prepared to expand the culture of electronic payment."  link

"CRYPTOCURRENCY GUIDELINES NAMED MICA" BY GOLDILOCKS, 16 MARCH

 GOLDILOCKS

In a previous article, Europe had stated that they would be finished with their comprehensive cryptocurrency guidelines called MICA by the end of May.

Today, we read that they would be finished with the Stablecoin section by the end of June. This will allow our cryptocurrency Market to accelerate. We also read that their comprehensive cryptocurrency would be finished by December. 

After April, our cryptocurrencies will begin to move into a real value. This will put price pressures on currencies on all levels going forward to move into a real value. What remains to be seen is whether or not paper currencies will be invited into this process. 

Currently, the full movement of cryptocurrency valuations have not completely started, but they have been released to begin correlating their Market values to new digital platforms being liquidated by people who have money to move the market. 

Institutional money is about to change all of that after the Bitcoin halving. As our cryptocurrencies are currently decoupling themselves from predetermined prices, it is important for us to prepare ourselves for new changes that will take place in a rapid fashion after April the 22nd inside our new digital asset based economy.

These events are layered on top of each other, and the cryptocurrency revaluation will be a major catalyst that will move money into our paper currencies. 

© Goldilocks

"RV UPDATE: " THE BOND CRISIS" BY MARKZ, 16 MARCH

 MarkZ   

[via PDK]  

Comment:  There is currently a bond crisis brewing.  

MarkZ:  Yes there is…and years ago one of the key players in the RV told us to keep our eyes on the bond market and when it finally gasps its last breath…that is when we go... It is certainly troubled enough to gasp its last breath.

We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.

 If any of you are questioning if this is ever going to happen …I want to give you some reassurance….  Here we are at Thursday and this is the second time this week …directly from the Iraqi Parliament: 

“Parliamantary Finance and CBI discuss increasing the DINAR and controlling the market ”.   In other words they need to remove restrictions on the banks and increase the value…that is how they control the market...They are still openly talking about it…again.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-markz-16-march.html