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Kurdistan retirees rush with "tremendous human momentum" in front of banks to receive their salaries., 31 MARCH

This morning, Saturday (March 30, 2024), banks in the governorates of the Kurdistan Region witnessed a huge human momentum by retirees to receive their salaries.

The "Baghdad Today" correspondent said, "The banks of the Kurdistan region witnessed this morning a huge human momentum from retirees to receive their salaries."

Last Thursday, the Ministry of Finance and Economy of the Kurdistan Regional Government announced the employee salary schedule for the month of February. 

According to the schedule published, and seen by “Baghdad Today,” “the distribution of salaries will begin starting on Saturday, as the Ministry of Health, Finance, Interior, retirees, social affairs, and people with special needs will be the first to receive the salary.” 

On Wednesday, the Kurdistan Regional Government announced the distribution of employee salaries for the month of February and the preparations to secure salaries for the coming months.   Link

"RV UPDATE" BY MNT GOAT, 31 MARCH

 Mnt Goat 

 I know it’s been a very long road for us investors but we will get to the end of this and we can now see the writing is on the wall...we must...follow the 2011 plan and it is going to lead us to the RV, whenever that occurs. We can see now their next step ...we can clearly see it is VERY, VERY close, according to the interview with Salih.

.it is very significant to collect...dollars stashed in the homes of the citizens. This is the next step.  But they told us the CBI would not take this next big step, to collect all this cash, unless they first got the parallel market under control.   Now they are telling us it is under control . ...But how will the CBI get all these hordes of cash out of the homes and into the banks? ...Yes, more purchasing power...But how do you get more purchasing power? You must increase the rate of the dinar and I firmly believe this will be next step and this is coming soon, VERY soon!  

 But slow down cowboy, I did not yet say reinstatement...this is going to be first an in-country revaluation... We don’t actually know the next “program” rate revaluation from 1320, but we do know with certainly it must be over a dollar.  How much over to give enough incentive to turn in the dollars, we don’t know. ... We are not going to exchange at this rate anyhow. Later, after the reinstatement, If you live in the U.S. you will get the U.S. rate, if in Canada you will get the Canadian rate or if you live in the EU you will get the European rate.  I told it will be significantly higher than the initial in-country rate by the time we see it and go to the bank..

Iraqi Dinar🔥RV Update Of Iraqi Dinar Some Bold Announcement Today 2024🔥i...

Government advisor: The 2024 budget tables focus on investment spending for new projects, 31 MARCH

   Government advisor: The 2024 budget tables focus on investment spending for new projects

3/30/2024  Baghdad - INA - Nassar Al-Hajj,

the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Saturday, that the 2024 budget tables focus on investment spending for new projects.

 Saleh said to the Iraqi News Agency (INA): “The existing procedures for completing the public financial tables for the fiscal year 2024 in order to submit them to the legislative authority for approval and implementation immediately are only a response to the text contained in the Federal General Budget Law No. 13 of 2023 (the tripartite ) Which stipulated the submission of schedules of public expenditures and revenues adapted according to the new fiscal year and its objective circumstances for the year 2024 for legal approval.

He pointed out that "the most important thing in these tables is determining the levels of investment spending on new projects, which is fundamental and fundamental spending in the movement of the national economy, as it is directly linked to the development and growth of the economy by providing objective conditions for the movement of government demand for supplies and inputs for investment in projects."

“The demand for productive factors associated with government investment activity is essential in achieving the targeted level of growth in the annual gross domestic product and sustaining its momentum, in addition to its connection to the labor market and business and moving them in accordance with a climate required by the sustainability of the country’s economic development itself.”

Prime Minister Muhammad Shiaa Al-Sudani earlier confirmed the start of setting 2024 budget schedules.  LINK

"RV UPDATE" BY FRANK26, 31 MARCH

 Frank26 

 Question  "Should we exchange all our dinar at the first meeting or just a little amount at a time?"  That's your prerogative.  You have to make your own decisions.  I'm not going to tell you what to do.  Let's pretend you have a million dinars.   I wouldn't exchange all of it.  Why?  Because the Iraqi dinar is going to float.  It may float by itself or it may float in a basket but either way it's going to gain value in the international market.  Whatever rate they come out at I'll exchange at that rate and I'll hold back some of it because as time goes by the rate will increase and I'll make more profit.  

 Minister of Finance..in Washington DC. He's not there to see the president of the United States.  He's there to deal with the exchange rate of their country not with the American dollar.