"RV UPDATE" BY PIMPY, 10 APRIL

  Pimpy 

 You guys are still saying the LOP and the deletion of the zeros are two separate things.  It's the same damn thing...LOP, the deletion or the zeros, the removing of the zeros, the reducing of the zeros are the same thing.  It's called a re-denomination...When a country re-denominates the old currency is no  longer any good...

Iraq is transforming in a very quick and powerful way is great news... The fact they're able to accomplish all these projects and there are a lot of huge projects being accomplished somehow with an exchange rate of 1320...

 There seems to still be some confusion about the official exchange rate versus the real effective exchange rate... comments like "When they get to the real effective exchange rate" or When they switch to the real effective exchange rate." Or "When they use the real effective exchange rate"...

This is confusing...what a real effective exchange rate is...An official exchange rate is at which country's currency can be exchanged for another country's' currency...Real Effective Exchange Rate is a broader measure that takes into account not just one bilateral exchange rate but a weighted average of a country's currency against the basket of it's major trading partners...Iraq already reports the effective exchange rate...It's already there...you don't have to wait for the real effective exchange rate to come popping up, it's already being used...

"IMPORTANT IRAQ NEWS: THE SUDANESE DIRECTS TO REJECT ANY DELAY OR DELAY IN THE DEVELOPMENT ROAD PROJECT.. AND AN IRAQI DELEGATION VISITS EUROPE" BY MNT GOAT, 10 APRIL

THE SUDANESE DIRECTS TO REJECT ANY DELAY OR DELAY IN THE DEVELOPMENT ROAD PROJECT.. AND AN IRAQI DELEGATION VISITS EUROPE

Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani chaired the sixth meeting of the Supreme Committee for the Development Road, during which the latest executive steps were followed up and the procedures related to the project continued to be completed, and ways to resolve controls and instructions related to customs, tax and transit tariffs were discussed, within Project management and operation system.

The meeting also witnessed discussion of the tasks of the diplomatic delegation that will visit the European Union countries, in coordination with the Turkish side, within the route of the stations related to the project. The current position of expropriations related to the route of the road was also reviewed, and ensuring the removal of any technical or legal conflicts from all sections.

During the meeting, the Prime Minister stressed the importance of continuous coordination between the relevant authorities, ministries, relevant formations and governorates, on the path of the road, and that these parties as a whole deal with the development road project as a special priority for the Iraqi economy, and that they work to reduce time, overcome routine obstacles and bypass Obstacles.&nbsp ;

Al-Sudani also renewed his previous directives to reject any case of delay or delay, given the exceptional importance posed by the path of development, its pivotal position and its connection to all economic development sectors, and the government’s plans to achieve a comprehensive future economic renaissance.

The meeting also reviewed the progress rates achieved in the Al-Faw Grand Port project, its five berths, and the conformity of the work progress with the implementation schedule.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

U.S. Debt Explosion To Trigger Currency Crisis, The Fed Is 'Trapped'

"RV UPDATE" BY WALKINGSTICK, 10 APRIL

  Walkingstick  

 It's not 92% [of the 3 zero notes] they've collected.  It's a lot more...  It's at your doorstep.

Sudani is not going to go see Biden with a resigned executive order 13303 because it means the monetary reforms new exchange rate is free as bird to come out.  It means Iraq is a sovereign nation now with a sovereign currency...Sudani goes to Washington on the 15th...to announce a new sovereign and confident Iraq under new the new leadership of Sudani and his staff...

 Executive order 13303 was the protection of the DFI funds of their oil money.  All protected by the United States of America...

No one could sue Iraq. Now it's different, this executive order has come to an end...Iraq's new currency exchange rate is under the DFI funds... 13303 was not sighed.  This is good.  It is fantastic because...as long as the executive order was in place Iraq could not reinstate its currency.. .

 There's nothing like the facts. Everything they're telling the Iraqi citizens is a fact because it's coming from the right sources.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-walkingstick-5-april.html

Transportation announces the approval of Salah al-Din Governorate on the rail and land routes of the development road, 10 APRIL

Transportation announces the approval of Salah al-Din Governorate on the rail and land routes of the development road

The local government of Salah al-Din Governorate has been consulted in the process of certifying the routes of the land highway and railway construction road, as announced by Minister of Transport Razzaq Muhaibas Al-Saadawi on Tuesday.

A joint report on the development road project in Saladin Governorate has been completed by the General Company for Iraqi Railways and the competent authorities, according to a statement sent by the Minister of Transport to the Ministry’s media office.

Al-Saadawi explained that “the distance of the two lanes is 236 square kilometers,” adding, “the initial designs for the two lanes of the road passing through Salah al-Din Governorate included the establishment of 6 stations for transporting passengers and goods in the cities of Samarra, Baiji, and Tikrit.”

The transport minister emphasized that the ministry is working with the Salah al-Din local government to find quick and efficient solutions to these conflicts before finishing the two routes’ final designs. “The concerned authorities in the governorate indicated in the joint report the conflicts and property acquisitions belonging to citizens, government departments and ministries,” the minister said. roads and railroads that cross the governorate.

“In the spirit of commitment to the plans established for the year of achievements 2024, in the governorates, and in completion of the development road project, this year will witness the completion of visits and tours in the rest of the governorates to complete the signing of all minutes,” stated Younis Khaled Jawad Al-Kaabi, Director General of the General Railway Company.

Al-Kaabi stated that several additional governorates would shortly declare the fulfillment of their development requirements.

"RV UPDATE" BY MNT GOAT, 10 APRIL

  Mnt Goat 

  Does Iraq need the Oil and Gas law in place prior to the RV?   I have to tell you that there is nothing in the 2011 Dr Shabibi plan that tells us it does. Remember back in 2012-2013 he had signoffs from everyone and was moving forward. Did they have the Oil and Gas Law passed. Of course not. So, I believe anything is possible.  

"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...

https://dinarevaluation.blogspot.com/2024/04/what-are-nex-steps-by-mnt-goat-6-april.html

"THE CBI IS MOVING ON A CLOCK NOW" BY MNT GOAT, 4 APRIL

  In today’s article the CBI tells us and I quote again – “the governor of the Central Bank promised to submit a report to the US Treasury to lift the ban on Iraqi banks, which number 28 private banks,” expecting “the ban on those banks to be lifted during the coming period .”

Okay, so we all know that when Iraq says “the coming period” it could means days, weeks or even months. But I don’t believe this is weeks but instead more like days in this case. Why do I say this?

I say this because my contact in the CBI is telling me this is “urgent” and they need to get the Project to Delete the Zeros underway. So, to me there must be some sort of time table going on here. The CBI is moving on a clock now. This is VERY GOOD also because it shows they are aggressively moving ahead now once again with the currency reform (monetary reform). This is exactly what we needed to see. Get it? Will it stall again?

I can’t tell you the schedule going forward but I can say there is some urgency to move ahead to the next step of currency reform. Could it be the Israeli/ Gaza strip conflict? Could they want to get the reinstatement done before this situation blows up? Your guess is as good as mine to answer these questions and I am not going to make up stories to sound so smart and then lie to you. Simply put- I don’t know. I am not going to lie and make up stories like these other arrogant, egocentric, know it all intel gurus idiots....

https://dinarevaluation.blogspot.com/2024/04/the-cbi-is-moving-on-clock-now-by-mnt.html

BREAKING NEWS US DEPT OF DEFENSE ANNOUNCEMENT on Iraq BY SANDY INGRAM