Thursday, April 4, 2024
Launching the salary funding of security institutions in Kurdistan for the month of February, 4 APRIL
Launching the salary funding of security institutions in Kurdistan for the month of February
Economy News – Baghdad
The Ministry of Finance announced, on Wednesday, the launch of the remaining salary funding for employees of security institutions in the Kurdistan Region of Iraq for the month of February in accordance with the decision of the Federal Court.
The ministry said in a statement received by “Economy Nboz”: “Based on the procedures of the Ministry of Finance in financing the salaries of the region in accordance with the decision of the Federal Court, the Accounting Department of the Ministry launched the financing of the remaining salaries of employees of security institutions in the region for the month of February, according to the letter of the Ministry of Finance of Accounting Department No. 9133 in 2024/4/3.”
She added that “this came in fulfillment of all the requirements followed in financing the salaries of federal government employees, and based on what was stated in the books of the Financial Supervision Bureau numbered 8422 in 2024/3/28 and 8670 on 2024/4/1.”
"TIERS FOR EXCHANGING" BY MARKZ, 4 APRIL
MarkZ
[via PDK]
Question: Have they already decided on a rate and date?
MarkZ: My contacts in the ministry in Iraq told me they have set the rate. We are just not privy to that or the date.
TIERS FOR EXCHANGING
There are “5 Tiers” of Folks Exchanging.
Tier 1 - Governments and Royalty Groups
Tier 2 - Whales-elite with platforms of currency, corporations, etc.
Tier 3 - Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc.
Tier 4 - All the hundreds of thousands paying attention to intel - internet groups that means “all of us watching Mark’s podcast!”
Tier 5 - Those who “never paid attn.” - the general public.
FIRST BASKET:
MZ: First Basket: 23 COUNTRIES WHICH INCLUDE: 1 US 2 UK 3 KUWAIT 4 CANADA 5 MEXICO 6 RUSSIA 7 CHINA 8 VENEZUELA 9 IRAN 10 IRAQ 11 INDONESIA 12 MALAYSIA 13 VIETNAM 14 BRAZIL 15 SAUDI ARABIA 16 QATAR 17 UNITED ARAB EMIRATES 18 TURKEY 19 AFGHANISTAN 20 INDIA 21 LIBYA 22 JAPAN 23 ZIMBABWE UNSURE THAT THERE WILL BE A SECOND BASKET
Central bank sells more than quarter of $1 billion during today’s auction, 4 APRIL
Central bank sells more than quarter of $1 billion during today’s auction
Economy News – Baghdad
The Central Bank of Iraq announced, on Wednesday, its hard currency sales, reaching about $256 million in today’s transactions, according to the official 1310 price.
The bank’s data showed that the total internal cash withdrawals were $11,710,000, while the total amounts of overseas transfers involving remittances and credits were $244,703,014, while the total sale was $256,413,014.
"RV UPDATE" BY FRANK26, 4 APRIL
Frank26
The HCL simply waits for the new exchange rate to be released just like everything else is waiting for it. You, me, contracts, investors, Forex, etc etc.
Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" THE FINANCIAL FILES WILL REPLACE THE PROGRAM RATE Quote: "The government is planning to reduce the dollar to the official rate." This is certain, but it takes time.
The next thing I want to see [After the restrictions are lifted on the one main Iraqi bank] is the budget being amended and released because then after that it's a domino effect. Everything else will follow it...
The CBI announcement - We believe it's about the currency. We believe it's about the auctions. We believe it's about a change in the auctions, a metamorphosis of the auctions which is exactly what the US Treasury wanted in order to have security and stability in the bank, which was exactly what was needed in order to bring forth a new exchange rate for their currency.
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Ramadan is over on the 8th. Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...
FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year.
FRANK: So much is now pointing for your 1st quarter. April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April. It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.
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.
https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-rreport-by-firefly.html
AL-ARAJI: IRAQ STANDS ON THE CUSP OF A HISTORIC DIGITAL TRANSFORMATION, 23 NOV
AL-ARAJI: IRAQ STANDS ON THE CUSP OF A HISTORIC DIGITAL TRANSFORMATION National Security Advisor, Qassim al-Araji, said on Monday that Iraq ...
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...