"This bank, on behalf of the Ministry of Finance, will offer bonds under the name ( Injaz Bonds ) to the public starting from 4/15/2024 until 5 / 15 / 2024"
Public bonds help to build the infrastructure of a country's businesses, and they go a long way in supporting a country's currency.
Getting public involvement in increasing the value of their own currency will help Iraq maintain a sustainable economy going forward.
Public bonds like these help to establish and secure a country's Sovereignty. This is a part of the process of Iraq reclassifying their currency.
Not long ago the CBI revealed to us that it would begin March 31st, 2024. They said it would be a gradual change. I copied the article for your review again on this matter.
"Based on the of the Board of Directors of this Bank number (191) of 2003 it was decided to give the mediation companies buying and selling foreign currencies under category (C) a period of time to merge to be classified as (A) or (b) until 3-31-24."
Advisor to the Prime Minister: Government measures put Iraq at the forefront of countries in foreign investment
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Tuesday, government measures that put Iraq at the forefront of countries in foreign investment, while indicating that the development path and the Al-Faw port have strengthened the government’s vision in encouraging foreign investments.
Saleh told the Iraqi News Agency (INA): “The Iraqi economy is characterized by two basic features that help give it preference in foreign investment. First, cash flows in foreign currency are reflected in the current account of the balance of payments relative to the gross domestic product, which is estimated by international economic and national centers at a surplus estimated at (positive). 7%) Iraq also ranks second in OPEC oil production and fifth in the world in that production.
He added: “As for the second advantage, there is a wide range of investment opportunities available provided by transportation, digital communications, housing and construction activities, which end with encouraging partnership between the state and the private sector in the manufacturing industry and various technological fields, the latest of which was the Cabinet’s adoption of the facilitating instructions in its last meeting that encourages the existing partnership between...
The state and the private sector, which is based on the principle of mutual win-win and is an attractive signal for foreign direct investment,” pointing out that “the investment law frames the provision of an attractive investment environment for investors, especially the economic surplus trends of the countries of the region and their orientation towards profitable investments in Iraq in the industrial, agricultural and other fields, which... It gives a positive signal to international investment in general to be attracted to Iraq and investigate promising opportunities there.”
He stressed that “the Development Road Project, as a development strategy that adopts the idea of development-leading projects, constituted the central call for international companies to participate, starting from the port of Al-Faw and ending with the Turkish border, for economic connection with Europe, which... This means that the state's economic vision is based on encouraging direct foreign investments in development activity in Iraq, whose natural resources are abundant in the ground.
He explained, “Iraq is ranked ninth in the world in terms of natural resources in the ground, and ranked first in reserves per square kilometer of investable natural resources such as (phosphate, sulfur, and other important reserves).
A study conducted by the FDI Intelligence website, which specializes in foreign direct investment affairs, stated that “Iraq was ranked fourth among ten countries in the latest classification, and this classification was evaluated based on several criteria, including growth in gross domestic product, the inflation rate, growth in capital spending in foreign direct investment, and the growth rate in foreign direct investment projects.”
The study indicated that “the growth rate of Iraq’s gross domestic product reached 2.9%, while the inflation rate reached 3.6%, and the growth rate in capital spending in foreign direct investment witnessed an increase of 371%, and the growth rate in foreign direct investment projects reached 95 percent.” %,” indicating that “these numbers reflect the noticeable improvement in the investment climate in Iraq and the efforts made to strengthen the economic sector and attract more foreign direct investments.” link
Have received multiple communications today that this is our month, most are settling on the 21st or 22nd as the actual announcement date with the appointments to exchange following.
I have forwarded all these messages to my WF banker who will hopefully have some conclusions when he calls me in the morning with his latest update.
I know Salty Toes is always concerned when I post such info as so many are at the very end of their ropes financially but this currency reorganization world wide is a fact happening. Use discernment and continue to do your own research. GOD Bless
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Thanks will just open her up
Texas Snake, [04/06/2024, 10:56:02 p. m.]:
Was going to wait until the call was over but have time constraints
We appear to be in a gret placer folks
Texas Snake, [04/06/2024, 11:02:13 p. m.]:
They are supposed to announce the new values in country of the IQD on the 21 first
Have known the owner of Snoopy's sine he was in High School and we live on the main channel into Padre Isles riight down from his place.
Nothing more until I hear from the banker in the morning so will be back then.
China is in the process of overthrowing the U.S. Dollar via Gold Brazil, like all BRICS members will become increasingly authoritarian-totalitarian as they shift away from the Western F.I.R.E. Capitalism.
Private property (commodities) will be taken over by the state, replacing private ownership.
The CIA is at work in Brazil to undermine the Lula regime via Twitter via NGO’s Brazil – China – BRICS, this authoritarianism is a natural progression away from the U.S. led IMF – World bank – U.S. Dollar apparatus.
And when you’re China, and you own all the gold, you make the rules the world (G7) must now follow.
The G7 whether they like it or not are going to transition to the Chinese model.
All G7 heads of state will eventually be replaced by those that are China – Russia BRICS centric.
“Enthusiastic members of the XRP community are rejoicing over a recent development that could significantly influence the future of the Ripple-supported token. A fresh research paper by the European Corporate Governance Institute (ECGI) has reinforced the classification of XRP as a utility token, aligning with a U.S. federal court ruling in July 2023.”
Today, the European Union begins testing it’s instant payment service on MICA. It is expected that Ripple is a part of this transaction due to its ability to transact two assets between each other within seconds.
This makes Ripple a recognized Network capable of making instant payment settlements possible. Europe is currently testing and regulating the new Global Crypto Standards and/or Regulations that will apply to digital economies wherever they are.
I do find this interesting that a change of this magnitude is happening on the same day as an eclipse. An eclipse symbolizes hidden truths being revealed and a movement into higher learning.
The Central Bank of Iraq decided to launch Enjaz bonds worth 1.5 trillion dinars in implementation of the Financial Budget Law for the years 2023-2025
According to a document, issued by the Central Bank, obtained by “Economy News”, “the issuance of public debt bonds is offered to the public in the name of completion bonds in the amount of 1.5 trillion dinars,” noting that the Central Bank issues this bond on behalf of the Ministry of Finance.
The document confirmed that the bonds in the first two categories 500 thousand dinars at an interest of 6.5% per year are paid every 6 months for two years while the second One million dinars with an interest of 8.5% paid every six months for four years.
The sale of the bonds begins on April 15, 2024 to May 15, 2024, the document added.
Injaz bonds are the highest benefit after the reconstruction and build bonds, which reached an interest rate of 7% per year.
“EBA analysis found that the models used by banks produce a lower risk rating for high carbon than low carbon sectors.”
The European Banking Authority is finding that capital requirements need to shift from outdated fossil fuel regulatory preferences to newly updated risk assets that will carry us into the future.
The new tokenized assets in process of being regulated will help bridge this gap and make this transition in the energy sector of the market a possibility.
As these new Banking and Market reforms are adjusted, we will see new ratio and price developments form inside the new digital economy. It will allow us to interface new price arrangements on the QFS.
