Sunday, April 28, 2024
Saturday, April 27, 2024
In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “important” meeting, 28 APRIL
In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “important” meeting
The State Administration Coalition is scheduled to hold an “important” meeting this evening, Saturday, in the presence of the President of the Kurdistan Region, Nechirvan Barzani, and the Prime Minister of the Federal Council, Muhammad Shia al-Sudani.
An informed political source told Shafaq News Agency that the meeting will include discussing a number of political and security files.
Last Wednesday, Kurdistan Regional Presidency spokesman Dilshad Shihab said that the region's president, Nechirvan Barzani, will visit Baghdad soon to attend a regular meeting of the state administration coalition.
At the beginning of this April, the President of the Iraqi Kurdistan Region made a visit to the capital, Baghdad, during which he met with the President of the Republic of Iraq, Abdul Latif Rashid, and the Prime Minister of the Iraqi Federal Prime Minister, Muhammad Shia al-Sudani, and participated in the meeting of the State Administration Coalition and the Coordination Framework.
During his last visit, President Nechirvan Barzani discussed ways to solve the problems of Erbil and Baghdad, the political situation in Iraq and the Kurdistan Region, and a group of other issues. link
JUDY NOTES, 28 APRIL
GCR Recent History
- On Fri. 19 April the Global Currency Reset process began as verified by Michael Rueben, the Paymaster over all Paymasters across the World who is based in New York.
- On Sun. 21 April GCR protocols were delivered to Tier4B Internet Group lead representatives.
- On Mon. 22 April the Iraqi Prime Minister turned over the Dinar revaluation to head of the CBI, which provided the new Iraqi Dinar Rate to the IMF, which provided it to the Forex, which had 72 hours to begin trading it on the bank back screens.
- Bond Holders have begun to be paid out and made liquid. After 30% of Bond Holders have been paid out, Tier4b (us, the Internet Group) will be notified to set appointments for exchanges.
- Redemption Centers and Banks have the new rates on their screens awaiting authorization to begin processing exchanges.
- On Thurs. 9 May Iraq would be considered to be a part of the World Trade Organization.
"RV UPDATE" BY BRUCE, 27 APRIL
Bruce
[via WiserNow] Iraq is going to enter the World Trade Organization...They have qualified to become a full fledge member of the WTO on May 8th...
...we heard this morning from the redemption center, staff leader at one of the redemption centers here in the US that ...the staff is going in...Friday...We have the full fledged team at redemption centers going in on Saturday - and multiple shifts - so they could begin to do exchanges...on Saturday."THE LAST NANOSECONDS... CORRUPTION CONTINUES WITH ITS FUTILE OPINIONS OF THE MONETARY REFORM" BY FRANK26, 27 APRIL
KTFA
FRANK26:"THE LAST NANOSECONDS... CORRUPTION CONTINUES WITH ITS FUTILE OPINIONS OF THE MONETARY REFORM"..........F26
The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an “important condition”
4/25/2024
Baghdad
Economist Nabil Al-Marsoumi warned today, Thursday (April 25, 2024), of the dangers of floating the Iraqi dinar, noting that such a step could lead to the dinar witnessing a violent collapse and rampant inflation that would jump prices to insane levels.
Al-Marsoumi said in a post on the social networking site “Facebook”, followed by “Baghdad Today”, that“some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through a free float of the Iraqi dinar,” indicating, “ie Turk.” The dinar is in the market to find its price against foreign currencies through the interaction of the forces of supply and demand.
Al-Marsoumi added, “Such a decision has some economic positives,”adding, “But the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor.”
He continued, "In light of Iraq's lack of a national private sector that could contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government,” explaining that “in the event that the government decides not to intervene.” In the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe damage to citizens' living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”
It is noteworthy that the floating exchange rate or currency float is the currency exchange rate that has been floated so that it has become completely liberalized, so the government or the central bank does not interfere in determining it directly, but rather it is released automatically in the currency market through the supply and demand mechanism that allows the price to be determined. Exchange the national currency against foreign currencies.
It is worth noting that the price of the dollar in the local markets is still experiencing a state of uncertainty between rises and falls, even though the official price in the Central Bank of Iraq is 132,000 dinars per 100 dollars, but in the local markets it is witnessing an increase of more than ten points and may at times reach double this. The number is despite the numerous measures and packages launched by the Central Bank of Iraq, where some attribute that the reason for this confusion in prices is the result of smuggling operations and speculation in the black market for currency.
LINK
-
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...