"RV UPDATE" BY MILITIAMAN, 20 APRIL

 Militia Man 

 Article "Al-Sudani receives Washington the Chairman of JP Morgan"  Those that say JP Morgan don't know anything about it should read up.    

[Q&A portion of Al-Sudani interview]

Question:  "Is the government thinking of revaluing the dinar and readjusting the value of the dinar due to the current circumstances in the market or do you see it to stay the same?"

  Al-Sudani's answer:  "This policy is dictated by the central bank and the government abide by what the bank decides.  I believe we are in the best status we could be in and we have actually had an assessment which has given much trust, higher trust at a higher level from different global parties...This is going to raise the level or value of the Iraqi dinar.  There is policy that is consistent policy that the central bank is using... " 

MILITIA MAN:  Deletion of the zeros project, is that what they're talking about?  If you're going to raise the value of the currency you're going to have to do something to it and that's the exchange rate.

  You don't just LOP three zeros off a currency and say, 'Snip! Go use this'.  It doesn't work that way.  They have to raise the value...We know their reserves are $110 to $112 billion, they have gold, they have all the new electronic systems, taxes and tariffs...tourism, agriculture, liquid gas, all that stuff added into this is going to benefit them.  Basically what is he saying?  They're going to raise the level of the value of the Iraqi dinar.  That's really powerful... 

Iraqi Dinar Value to be Raised - Al-Sudani - USA - VISIT - Global Suppor...BY MILITIAMAN

Iraq preparing to amend its budget law , 20 APRIL

  Iraq preparing to amend its budget law

4/20/2024

ERBIL (Kurdistan24) – Khalil Ghazi, A member of the Iraqi parliament's finance committee, revealed to Kurdistan24 that the budget amendment for 2024 has been finalized by the Council of Ministers and is now awaiting the return of the Iraqi Prime Minister from Washington for final review.

Iraq's budget deficit has increased by 16 trillion dinars in the past year, bringing the estimated deficit for this year's budget bill to more than 80 trillion dinars.

The allocation of the budget to provinces in central and southern Iraq, especially those facing high poverty rates and service issues, has caused conflict among factions in parliament. These provinces are dissatisfied with the share of the budget allocated to them.

The Iraqi budget is composed of three main components: revenues, expenditures, and a budget deficit. Revenues include oil exports, taxes, and customs duties, while expenditures cover government spending in various sectors such as education, healthcare, infrastructure, and defense. The budget deficit occurs when expenditures exceed revenues, and it can be financed through borrowing or international aid.   LINK

"RV UPDATE" BY WOLVERINE, 20 APRIL

 Fri. 19 April Wolverine

• Many people have signed NDAs and we do not know if they have spendable money.  If people are being paid, they are being silent.
• The Vietnam Dong is going to float.
• The Dinar, which is now hours away, actually, is to go up.  It is close now to going on the Forex and in the Gazette.
• Colombia will be joining BRICS and they will get their gold backed currency on Tues. 23 April.
• China has pardoned all of Zimbabwe’s debts. This is huge news for Zimbabwe. 
• My counterparts in Brazil said that yesterday Thurs. 18 April the banks received the payment authorization codes from the central bank of Brazil to release the notices and asked for 24 hours to carry out the logistics of distributing the notices.
• The military and G13 will enter tomorrow Sat. 20 April to receive their already unlocked amounts.
• Releases for DF operations will be paid on Wed. 24 April, a date set by the institution itself.
• MarkZ said big contracts are getting finalized. He has never seen that before.  I also got this confirmed by my Brazilian counterparts. These are Big Contracts. This is happening, it is real.  Just have faith.

• Wolverine: I did receive news from a huge whale in Europe, she has received email from Reno, and has been told that Reno has started the process. By Mon. 22 April a lot of countries will be gold backed. 

Dinar RV Breaking🔥Exclusive Interview: Prime Minister on Iraqi Dinar Rev...

Fourth, Arab.. Iraq’s reserves of gold {137.7} tons, 20 APRIL

 Fourth, Arab.. Iraq’s reserves of gold {137.7} tons

The former director of Dwan Financial Supervision, Salah Nouri, revealed today, Saturday, Iraq’s gold reserves.

Nouri {Euphrat News} said that: “The gold reserve of the Central Bank of Iraq is up to {137.7} tons and comes in fourth place in the Arab world according to the statistics of the World Gold Council based in London.”
He pointed out that “we do not have accurate information about the amount of gold reserves in the Central Bank of Iraq, in general, the Central Bank should diversify investments between US government bonds and investment in gold.”
On the most prominent things of the US magazine Forbes magazine about the reasons for the rise in gold prices globally, Nouri explained that “the high demand for gold by Chinese investors and your universe is to hedge against economic instability that affects investment in stocks and bonds.”
“There are also concerns about lowers interest rates on investment in U.S. government bonds, which has led to investing in gold as a safe haven,” he added.
Nouri concluded by “the geopolitical reasons for the Russian-Ukrakranian war and the war on the people of Gaza by the Zionist entity are all reasons that pushed the rise in gold prices globally.”
Gold prices rose on Friday due to risk absilitance in financial markets.
By 04:29 GMT, gold in spot transactions had risen 0.3% to $2386.05 an ounce after jumping briefly to $2417.59 earlier in the session, hoving near an all-time high of $2431.29 it recorded last Friday.

From: Raghad Daham

https://alforatnews.iq/news/رابعاً-عربياً-احتياطي-العراق-من-الذهب-137-7-طناً

"ANALYSIS OF IRAQ NEWS" BY GOLDILOCKS, 20 APRIL

 GOLDILOCKS

The member of the parliamentary finance pointed out that “the government and the central bank seek to strengthen and increase the classification of civil banks,” noting “the intention of banks to enter into correspondence and foreign transfers.”

Here, Iraq is telling us that they are taking steps to move into doing foreign currency exchanges inside their banking system locally and Internationally.

The article goes on to say that they did not know for sure when this would take place, but they are taking steps currently towards this end.

© Goldilocks

https://search4dinar.wordpress.com/2024/04/20/finance-identifies-steps-to-be-taken-before-canceling-currency-sale-window-in-iraq/ 

https://search4dinar.wordpress.com/2024/04/20/finance-identifies-steps-to-be-taken-before-canceling-currency-sale-window-in-iraq/