Having this LOP information of 1310 is ridiculous, it's reckless...They said they're going to have a lofty exchange rate to expose. If that's the case, lets see what they have and how they play it out...I think it's going to be phenomenal.
How are they going to attract foreign investment?
They're going to open their borders with an International currency ... and they're going to rock and roll. The signs are everywhere. AlSudani recently said he was going to make a change to the dinar to 1.32 dinars to the dollar, which is about $0.76. But that doesn't include adding the Real Effective Exchange Rate.
The private sector is going to be the fuel to what they consider is the most important project in the world (Development Road project). Their words not mine. Article quote: "The initial designs for the Development Road Project have reached advanced stages... The development road is a vital project, one of the most important projects in the world..."
Parliamentary Finance: Budget tables arrive before the Eid holiday
3/26/2024
The Parliamentary Finance Committee expected that the budget tables for the current year 2024 would arrive in the House of Representatives before the Eid al-Fitr holiday.
Committee member, Moeen Al-Kazemi, said in a press statement, “The 2024 budget schedules have not yet arrived from the government, even though we are in the month of March, and the government was supposed to send them before the end of last year and submit them to Parliament for approval,” noting, “The Ministry of Finance has completed The proposed amendments to the budget.”
He added that the Ministry of Planning has completed the investment budget and now the tables are in the body of advisors at the Prime Minister’s Office and have been presented to the Prime Minister, expecting that “the amendments to the 2024 budget will reach the House of Representatives before Eid al-Fitr.”
On March 13, the Ministry of Finance announced the completion of data related to the 2024 budget schedules, the inclusion of texts, and sending them to the Council of Ministers.
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed {to Al-Furat News} that the House of Representatives’ approval of the budget schedules for the year 2024 does not hinder their implementation. LINK
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening everyone….Any good news tonight Mark?
MZ: We are getting some bond news. There were a number of bond meetings. So far they are expecting all completed and final contracts and their 1% payment the first of next week. So that is positive….will be right around April 1st.
Member: Skye Prince of Australia reports Bond holders started getting paid beginning 1 pm our time!!!
Member: If bonds are moving is CMKM ready to be released????
Member: MilitiaMan is hearing sanctions were removed from Iraq as well.
MZ: It’s good to know that someone with his level of connections inside the country are hearing the same things.
Member: Frank 26 still thinks that the Dinar will go first and alone.
MZ: “Switch to Gold Standard could stabilize prices- Philadelphia Fed research” This story is popping out today. We are watching more and more lights come on.
Member: Bank story went to my Chase talked to manager did not talk currency but asked about the private customer. She told me over 50K would qualify JP Morgan on site will cover higher value in their accounts
Member: For CANADIANS: HSBC private weatlh clients have been migrated to Royal Bannk of Canada. RBC has been Basel lll compliant since April 2023, per their website. So, looks like RBC is in.
MZ: I have a good bank story to share with you all tomorrow…..
Member: When is the IRS going away, I’m tired of paying
Member: Still praying we get the reset before we all have to pay billions in taxes in 2 weeks to rehydrate the cabal.
Member: Good night all…….fingers crossed this is our week.
Member: The best is yet to come.
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President Abdul Latif Jamal Rashid received, on Sunday, at the Peace Palace in Baghdad, the Ambassador of the United States of America to Iraq, Elena Romansky, stressing “the keenness to continue building close relations that serve mutual interests, respect national sovereignty, and enhance joint cooperation in various fields.”
During the meeting, Rashid referred to a presidential statement, a copy of which was received by {Euphrates News}, “Iraq’s determination to continue the approach of reform, eliminate cases of corruption, and build distinguished partnerships that contribute to achieving comprehensive development and economic growth,” stressing “the importance of benefiting from experiences and experiences and employing them to gain skills and improve the reality of the economic, commercial, agricultural, environmental and energy sectors.” He also pointed out that “the Presidency of the Republic adopted the release of detainees whose sentences have expired and the formation of a committee that, in addition to the Presidency of the Republic, included the Supreme Judicial Council, the Ministries of Justice and Interior and the National Security Advisers to follow up the files of the convicts and the expiration dates of their sentences, to ensure their release on time.”
Rashid stressed “the importance of finding solutions to the outstanding issues between the federal government and the Kurdistan region in accordance with the Constitution, law and political understandings, indicating the desire of the two sides to continue the dialogue to resolve the issue of the budget and pay the dues of the employees of the Kurdistan region like their peers of employees.” For her part, the US ambassador affirmed her country’s desire to develop relations between the two countries and strengthen cooperation to serve the two friendly peoples. The situation at the regional and international levels was also reviewed, and the support for the opportunities for peace, security and stability in the region was emphasized.
FIREFLY: TV is say when Sudani goes to Washington. OMG that's a long time off. Means nothing changing until after that probably, if it does this year.
FRANK: I don't care if it happens on the 15th of April. I don't care if it happens tomorrow. I just know it's happening with all that we're seeing. The proof is there. There's no doubt about it.
FIREFLY: Tv talked about
parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have. This is a good sign. They are meeting right before the budget goes to parliament next week.
FRANK: Firefly knows if it does go to parliament and they vote, it will expose an exchange rate. Certainly not a program rate.
FIREFLY: Talked to bank friend. He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon. The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote.
FRANK: Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you.