"RV UPDATE" BY SANDY INGRAM, 18 MARCH

 Sandy Ingram 

 Do not purchase any currency with Saddam's face on it unless you purchase it as a collector. Purchase currency that is now in circulation in Iraq.

 OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year... Iraq is losing anywhere from $2 to $3 billion a month in OPEC's volunteer program to cut oil production.    

 IMF's report on Iraq's economy.  This is a critical report dealing with Iraq's...financial future... Iraq could easily be on the path to a higher exchange rate depending on how the country responds to the IMF recommendations...

Iraq's non-oil economy is expected to continue to its growth in 2024 after expanding by 6% in 2023.   The IMF also reported Iraq's economy is projected to rebound in 2024...

Iraq needs more sustainable non-oil growth according to...the IMF mission.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-11-march.html

Iraqi Dinar💰Big Surprise For Dinar Holder-Iraqi Dinar News Today 2024-Iq...

Iraq's Counter-Terrorism Forces Nab Two ISIS Operatives in Kirkuk, 18 MARCH

 Iraq's Counter-Terrorism Forces Nab Two ISIS Operatives in Kirkuk

Iraq's Counter-Terrorism agency made a significant breakthrough in the fight against the Islamic State (IS), capturing two of its members in Kirkuk, a strategic city that has seen its fair share of turmoil and violence. This operation, executed with precision and based on exceptional intelligence and surveillance, underscores Iraq's ongoing commitment to dismantling terrorist networks within its borders.

Strategic Arrests in the Heart of Kirkuk

The capture of these two operatives is not just a routine security operation; it represents a considerable victory for Iraq's Counter-Terrorism forces. One of the individuals arrested played a crucial role as a logistics officer, orchestrating the movement and supply of resources for IS factions that once dominated large areas of Iraq and Syria. His counterpart, a transporter, facilitated the mobility of IS members and equipment, proving instrumental to the group's operations in Kirkuk. The culmination of this operation showcases the intricate and robust intelligence framework Iraq has developed to track and dismantle terrorist cells.

From Dominance to Decline: The ISIS Story

IS's rapid ascent in 2014, marked by the capture of significant territories in Iraq and Syria, posed a formidable challenge to regional stability and security. However, the group's dominance was short-lived, thanks to the concerted efforts of international coalitions and local forces. By 2017, IS had lost most of its controlled areas, but remnants of the group continue to operate in shadows, necessitating vigilant counter-terrorism measures. The arrests in Kirkuk underscore the persistent threat IS poses and the continuous efforts by Iraqi forces to secure the nation against terrorism.

Implications for Regional Security and Counter-Terrorism Efforts

The success of this operation has far-reaching implications, not only for Iraq but for the broader Middle East's security landscape. It sends a strong message to remaining IS cells and other terrorist organizations that Iraq is bolstering its intelligence and counter-terrorism capabilities. Moreover, it highlights the importance of regional cooperation, as evidenced by the coordination between Iraq's Counter-Terrorism Service and the security forces of the Kurdistan Region during the operation. Such collaborative efforts are crucial in the ongoing battle against terrorism, suggesting a promising path toward lasting peace and stability in the region.

As Iraq continues to grapple with the remnants of IS, the arrest of these two operatives in Kirkuk serves as a testament to the resilience and dedication of its counter-terrorism forces. While challenges remain, this operation exemplifies the progress being made in the fight against terrorism, offering a glimmer of hope for a nation striving to rebuild and secure a peaceful future.

"RV UPDATE" BY FRANK26, 18 MARCH

  Frank26 

 We know Sudani came out, it's no longer a secret...We know the monetary reform is coming.  We know they are suggesting 1.32.  I suggested higher, but who knows.  All of a sudden... parliament came out and said, 'Oh...we look forward to our currency to have value, put on to it...we're passing the laws.'  That was interesting.

  Those that for decades have stopped the possibility of a new exchange rate to come out for the currency of Iraq are now finally saying, Uncle...!  Even those that were against the Monetary Reform are now forced to tell the truth!

"IRAQ WILL ADD VALUE TO THE IQD" BY FRANK26, 16 MARCH

 Frank26

  I made a mistake...$0.76 was correct.   I apologized...It's 1.32 to $1 which comes out to the $0.76.

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.  

You don't go around breaking that promise.  It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency...Sudani told the citizens we're going to raise it to $1.32...He explained if we lift the 3-zeros from the exchange rate we'll be able to give you $1.32 in country.  That's good purchasing power.

https://dinarevaluation.blogspot.com/2024/03/iraq-will-add-value-to-iqd-by-frank26.html

Iraqi Dinar ✅Congratulation Finally CBI Can't Stop It! Dinar Revaluation...

Al-Sulaymaniya Employees Strike Over Salary Delays, Impacting Services and CBI's Localization Plan, 18 MARCH

 Al-Sulaymaniya Employees Strike Over Salary Delays, Impacting Services and CBI's Localization Plan

Employees across several departments in al-Sulaymaniya, including traffic, notary, and electricity, have commenced a boycott of official duties, spotlighting ongoing salary delays and igniting a discourse on financial autonomy and government accountability within the Kurdistan Regional Government (KRG). This action has not only disrupted essential services but also underscored the challenges in implementing the Central Bank of Iraq's (CBI) 'My Account' project aimed at salary localization.

Boycott Sparks Service Disruption

The sudden strike by public service employees in al-Sulaymaniya emerges from prolonged frustrations over delayed salary payments. The Kurdistan Regional Government's refusal to distribute salaries, citing a budgetary deficit, has led to significant disruptions in daily transactions and services, affecting countless citizens. The strike action has amplified calls for an immediate resolution, with affected employees demanding the implementation of the CBI-supervised 'My Account' project for direct salary payments.

Financial Autonomy at Stake

The 'My Account' project represents a pivotal move towards financial autonomy for the KRG employees, promising a more direct and transparent salary distribution mechanism. However, the Ministry of Finance has issued a stark warning, stating that no funding would be allocated for March 2024 salaries unless the KRG complies with the localization requirements. This ultimatum places additional pressure on the KRG to expedite the implementation process, amidst growing discontent among its workforce.

Implications for KRG and CBI Relations

The ongoing strike and the controversy surrounding the 'My Account' project have broader implications for the relationship between the KRG and the CBI. As the deadlock continues, the potential for a financial crisis looms, threatening to deepen the economic disparities within the region. The situation calls for immediate dialogue and cooperation between the KRG, affected employees, and the CBI to forge a sustainable resolution that safeguards the financial welfare of the workforce while ensuring the continuity of essential public services.

The standoff in al-Sulaymaniya serves as a critical juncture for the KRG, challenging its administrative efficacy and commitment to employee welfare. As discussions evolve, the outcome of this confrontation will likely have lasting repercussions on the region's financial policies and governance structures, underscoring the need for a balanced approach that aligns the interests of the government, its employees, and the broader public.

"RV UPDATE" BY MNT GOAT, 17 MARCH

  Mnt Goat 

 I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old...Remember two things if nothing else:  1. It’s not IF but WHEN this event is going to happen and;  2. It has to happen and soon.

  ...the Chairman of the Finance Committee stressed, and I quote:   “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”  

 What they are basically telling the CBI is to follow up and move more aggressively on this issue of increasing the value of the dinar...I believe there is enormous pressure to get the dinar revalued and conduct the 3 zero note changeout (The Project to Delete the Zeros.

There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring.

 But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-mnt-goat-17-march.html