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Advisor to the Association of Private Banks: Al-Sudani will discuss the sanctions file on 28 banks in Washington, 6 APRIL

 Advisor to the Association of Private Banks: Al-Sudani will discuss the sanctions file on 28 banks in Washington

4/5/2024  Baghdad

Advisor to the Association of Private Banks, Samir Al-Nusairi, announced that the US sanctions on 28 banks constitute one of the important files on the agenda of Prime Minister Muhammad Shiaa Al-Sudani during his visit to Washington.

Al-Nusairi said in an interview followed by Al-Eqtisad News, “During his visit to Washington, during which he will be accompanied by a delegation from the Central Bank and the banking sector, Al-Sudani will discuss the sanctions and restrictions imposed by the United States on the 28 banks, which deprived them of dealing in the US dollar.”

He believed that these sanctions and restrictions constitute “one of the important files that the Prime Minister carries with him to Washington,” indicating that the file “falls within the financial and banking reform stipulated in the Prime Minister’s government program.”  LINK

"WHAT ARE THE NEX STEPS" BY MNT GOAT, 6 APRIL

 Mnt Goat   

What are the next steps?

  We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes.  Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for.

But remember that with these next steps, this is still in the “program” rate and for in-country only.  We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros...

Iraqi Dinar | HCL Completed US Treasury Announced New IQD Exchange Rate ...

After the Eid...a parliamentary movement was revealed to host the Sudanese in Parliament, 6 APRIL

 After the Eid...a parliamentary movement was revealed to host the Sudanese in Parliament

 4/5/2024  Baghdad 

Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, held the government responsible for delaying the release of budget allocations, noting that many projects have been halted due to the failure to release financial allocations.

Al-Kadhimi said in an interview followed by Mawazine News, that “the Prime Minister’s advisors are putting the final touches on the budget, and it is expected to be sent to Parliament for a vote after the Eid,” indicating that “there are increases in salary requirements that reached 8.5 trillion dinars per month, which led to an increase in salary requirements.” The size of the budget reaches 228 trillion dinars.”

He added, “The projects of the Ministries of Health and Education were halted due to the delay in approving the budget, despite the presence of advances approved by the Ministry of Planning. ”

Al-Kadhimi called on the government to “send the budget schedules to Parliament as soon as possible for approval,” noting that “the disbursement of financial allocations should not be affected by delays in the schedules, given that the budget is three-year.”
He revealed, “A parliamentary move to host the Prime Minister, the Ministry of Finance, and the relevant authorities in Parliament to discuss the reasons for the delay, if the budget is not sent after the Eid al-Fitr holiday.”   LINK

"RV UPDATE" BY PIMPY, 6 APRIL

  Pimpy  

The protection of Iraq's assets and funds were because you had tons of individuals...companies and corporations...nations going after Iraq for one reason or another...If everyone was allowed to sue Iraq then it would take forever for Iraq to recover...What we need to find out is once the protections are lifted are those individuals that could have sued Iraq in the past able to sue them now?  What they've done is turn over all of the money to Iraq to handle from now on. 

Here's the good and the bad of everything...With Iraq in control of the Development Fund they have access to that money... There are no restrictions on it.  They don't have to ask permission to get the money when they do their budget.  That is a huge step forward.  In addition to that it just wouldn't look good for Iraq to go into the World Trade Organization having anther country control the money that you use for trade or anything else.  So yes, that is another huge step towering reinstating full sovereignty for Iraq. 

 The only thing left is to remove the troops out of Iraq.  No more coalition forces...US military, get them out of there.  Then Iraq would have full sovereignty.   ;It is exciting.  But the real reason why the United States closed the fund is because...there was an audit done, there's billions of dollars missing...The big question is, well who's responsible for those missing billions?  Is it the United States or is it Iraq?  Not to mention the money that was sent to Iraq for projects were being mismanaged, misused and somehow come up missing..

Iraqi Dinar 🔥 15th of this Month Fantastic 🔥 Guru Updates And Latest RV ...