"GOTCHA!!!" BY FRANK26, 3 MAY

 KTFA FRANK26: "GOTCHA!!!"...............F26

UN expert: We will soon announce the results of the investigation into the Speicher crime and who planned and carried it out

 

5/01/2024

  

 The international expert, Kanga Tiburi, who is responsible for investigating the Speicher crime in the international investigation team {Unitad}, revealed that the investigations into the 2014 Speicher crime in Salah al-Din Governorate have reached “very advanced” stages and will be announced soon.

Tibori said in her speech at the workshop held by the Alamein Institute for Postgraduate Studies and the UNITAD team, on cooperation between Iraq and the United Nations in criminal accountability, on Tuesday, that “the Speicher attack had ideological motives behind it and reflected the anti-Shiite ideologies in this crime of genocide and crime against humanity, even though they "Lay down your weapons and wear civilian clothes."
He stated, "The investigation included searching for who planned the Tikrit crime, who carried it out, who issued the orders, the number of participants in the crime, and the number of victims."
On November 29, 2023, the head of Baghdad/Al-Rusafa Criminal Courts, Judge Dhiyaa Al-Kinani, revealed that more than 3,000 students were martyred at the hands of ISIS for no fault other than that they were students who did not carry out their duties as members of the security forces.
He pointed out, “Most of the perpetrators of the crime were punished.” Among them are according to the law, in addition to the fact that all of these rulings have become final, and the remainder of these terrorists are being prosecuted locally and internationally, in addition to the issuance of judicial decisions seizing their movable and real estate assets, circulating arrest warrants against them throughout Iraq and the International Interpol, and preventing their travel.”

LINK

Iraqi dinar News Today 2024/Iraqi dinar Rv Update/Iraqi dinar New Rate/I...

"NO FEAR FOR 3 YEARS BECAUSE OF A NEW EXCHANGE RATE... PS: LOOK AT THE BOTTOM OF THIS ARTICLE!!! BY FRANK26, 3 MAY

 KTFA

FRANK26:"NO FEAR FOR 3 YEARS BECAUSE OF A NEW EXCHANGE RATE... PS: LOOK AT THE BOTTOM OF THIS ARTICLE!!!"..........F26

Iraqi Business: There are no financial fears in Iraq for three years, and fear regarding the development path is unjustified

 

4/30/2024

  

 The head of the Iraqi National Business Council, Daoud Abd Zayer, confirmed that there have been no financial fears in Iraq for three years, while he considered the fear of development “unjustified.”
 

Abdel Zayer said, during his hosting of the program {Free Speech} broadcast on Al-Furat satellite channel this evening, that: “
Iraq is at the forefront of the first stages in the fourth place in terms of growth among the Arab countries. It indicates that Iraq has increased its revenues from oil exports and there are figures for development, which is an indicator that Iraq is in a stage of growth.” Higher than neighboring Arab countries, and it is reflected in the financial performance of development investments.
- The government’s management of investing money in the right place, which is positive and has real meanings and implications. - Development and infrastructure projects and the Al-Faw port

. I indicated that Iraq is in a higher stage of growth than neighboring Arab countries
Energy during the previous six-month season maintained its level and is expected to stabilize until the end of this year - Expectations for a decline in oil prices will not exceed 5%, and this will not affect Iraq’s revenues, and there are no financial concerns for the next 3
years over the life of the budget

Overcoming the consequences of the sharp decline in energy prices.
External borrowing comes to complete projects parallel to repaying loans, and delaying the disbursement process confuses part of the development scene, especially with regard to development project receivables.
-Oil is exposed to the political situation at the regional level, in addition to supply and demand, as well as the winter and summer seasons.
-Iraq was operating a primitive banking system until 2023, when the government worked with the Central Bank of Iraq to implement external transfers through the electronic platform and ended the issue of manipulation of the exchange rate.
-The improvement in the price of the Iraqi dinar will eliminate the parallel market.
Gold is considered a safe haven for investment in the world in anticipation of the collapse of any approved global currency and its rise as a result of a political crisis at the world level, which affected everyone and now it has begun to decline in small percentages and is considered the ideal solution for investment.
- Real estate in Iraq usually rises at the interest rate approved by loans and is dependent on monetary policy.
The development road will add economic value to the country on an economic, political and geographical basis and will be the optimal regional road for international trade. Any justification for challenging this project is unjustified and some people’s fear of it has no realistic value.
-The Ministry of Oil has not been serious since 2013 in investing in natural gas through licensing contracts.

Wafaa Al-Fatlawi

LINK

"RV UPDATE" BY MNT GOAT, 2 MAY

 MNT GOAT

We know this problems of sanctioning the banks is holding back the final push of the reinstatement. Part of the solution, as they tell in an article entitled “A FIXED OR FIXED EXCHANGE SYSTEM FOR THE IRAQI DINAR” helps us understand the solution better. Please, please go read this article as it explains in very good detail why the reinstatement of the dinar is stalled,  what the problem is and what is the part of the solution (which I believe they are about to implement). Again, it gives us the issue and also the suggested solution. But I believe at this point it is much more than a suggestion. WOW, WOW, WOW.

Now at least you can understand the issue as to the hold up by the US Treasury and the problem in implementing a solution. Again, I will tell you that the reinstatement plan of 2011 tells us they intend to repeg the dinar and get off the de facto peg to the sole dollar and move to a new peg of a basket currencies. Sounds to me like they are getting ready to do it and are in the last phases of discussion. So, what comes out in an article this period?

An article is telling us exactly what I have been telling you all along. Folks they are educating the public about the old de facto peg they are now on to the new peg they intend to use in this article. Go read the article! Enough said…. Didn’t they just tell us last week in an article that to execute the Project to Delete the Zeros needed an educational process first?

https://dinarevaluation.blogspot.com/2024/05/about-recent-news-of-iraq-part-1-by-mnt.html

Iraqi Dinar Guru News Highlights (5/2/24)

Al-Sudani directs to take new measures regarding the electronic payment system in Iraq, 3 MAY

 Al-Sudani directs to take new measures regarding the electronic payment system in Iraq, 2 MAY

Shafaq News/ A government source said, today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani directed several executive measures related to the electronic payment system and electronic points of sale (POS).

According to the source in his statement to Shafaq News Agency, this directive aims to enhance the use of electronic payment in Iraq and facilitate and monitor financial and commercial operations carried out through this system.

The source summarized the most important main measures that Al-Sudani directed, which are as follows:

1- Determine the tax wages that can be paid in cash in the amount of (500 thousand dinars) and what is more than that is settled via electronic payment.

2- Forming a joint committee between the Central Bank of Iraq, the Communications and Media Commission, and representatives of the private sector who are specialists in this field, which will do the following:

A- Proposing mechanisms to reduce fees for telephone messages related to electronic payment operations.

B- Coordination with the National Cybersecurity Committee and providing it with the risks that it indicates for the purpose of addressing them by the relevant sectoral authorities.

3- Instructing the competent authorities, including the General Directorate of Organized Crime in the Ministry of Interior and the National Security Service, to take their role regarding the observed violations and fraudulent operations regarding electronic payment operations.

4- Instructing the concerned authorities not to renew the license of educational and medical institutions, hotels, restaurants, and all other professions except after presenting the contract for using electronic payment to those authorities.

5- Assigning the Central Bank of Iraq to set specific standards to be used in government departments and institutions to activate electronic payment operations. Through those standards, the Federal Integrity Commission can monitor and measure the work of government departments in a manner consistent with those standards, and is accompanied by organizing training workshops on those standards between the Integrity Commission and the bank. Iraqi Central Bank.

6- Instructing the relevant authorities, including government institutions, private sector institutions, and banks, to increase the number of electronic payment devices and other self-services, which contributes to the development of electronic payment services in the country.

7- Assigning the Central Bank to formulate a proposal with the minimum requirements that are available in contracts for electronic wallets.

9- Forming a joint work team between the General Authority for Taxes, the National Security Service, and the Ministry of Interior/General Directorate for ombating Organized Crime, which will undertake the task of conducting inspection tours of various commercial areas to ensure the provision of trade names, tax identification, and electronic payment points.

In October 2023, the Iraqi Council of Ministers issued several executive measures related to the electronic payment system and electronic points of sale (POS), and said at the time in a statement that they “aim to enhance the use of electronic payment in Iraq and facilitate financial and commercial operations.”

shafaq.com

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 3 MAY

  Frank26  

 [Iraq boots-on-the-ground report] 

  FIREFLY: Some guy on television talking about advantages that we as Iraqi citizens are going to have with a fixed exchange rate pegged to a stronger currency.  He says Iraq now has a soft peg and...the float is not necessarily as a fixed rate... 

FRANK:  The monetary reform education is explaining the reason why you don't need a basket...They are also expressing you don't need a float.  That's because your reserves are so powerful...But IMO the float will occur because it needs to reach the real effective exchange rate of your currency on an International level.  

They are also trying to explain to you you do not need to be pegged to any currency, not even the dollar.

 FIREFLY: Saleh is saying the start of implementation of the government and banking reforms has started. 

 FRANK: Woohoo! ...The new exchange rate is the pivotal role they are about to give them...