DINAR REVALUATION

Sunday, May 5, 2024

World bank report on Iraq BY NADER FROM MID EAST

KTFA CHAT IRAQ NEWS DISCUSSION: Parliamentary Finance for Al-Furat News: The budget schedules will reach Parliament within 72 hours , 5 MAY

Clare: Parliamentary Finance for Al-Furat News: The budget schedules will reach Parliament within 72 hours

5/4/2024

Vice Chairman of the Proportional Finance Committee, Ahmed Mazhar al-Jubouri, suggested sending the 2024 budget tables to the House of Representatives within the next 72 hours.

Al-Jubouri said {to Al-Furat News} that: “The budget schedules for the year 2024 have not been sent from the government yet, and the committee is fully prepared regarding them.”

He added, “The committee will not take more than 20 days to resolve the discussion of these schedules, but so far they are the corridors of the government.”

Al-Jubouri added, "We believe that the budget schedules will be sent within the next 72 hours, according to communications with the government."

From: Raghad Dahham LINK

DeepWoodz: Well well here we go. Since it feels to all that we are down to the wire. This is one of the latest benchmarks.

Some feel there has been a delay sending these amendments/schedules due to a new rate being involved with them. Since parliament is not in the loop, nor is it friendly to the citizens. They should be the last to know prior to release to the public. The next benchmark circulates around the events of the 9th.

We shall soon see.

BRICS should be ready for dollar collapse – Russian IMF rep, 5 MAY

BRICS should be ready for dollar collapse – Russian IMF rep

4/5/24 – Azərbaycan24

The international group could create an alternative currency based on their national legal tenders, according to Alexey Mozhin.

The BRICS group of nations could offer an alternative currency in the event of a collapse of the dollar and the international monetary system, according to Russia’s executive director at the International Monetary Fund, Alexey Mozhin.

In an interview with RIA Novosti published on Friday, the expert noted that the shortcomings of the current financial system are becoming more apparent and that many publications have started to mention BRICS “in the context of the fact that this association can offer an alternative.”

Mozhin explained that it is possible for the economic bloc’s member countries to create a currency that would be “built on a basket of currencies of the five member countries,” which would include the Chinese yuan, Indian rupee, Russian ruble, Brazilian real, and the South African rand.

“Such a proposal is being discussed. In the event of the collapse of the dollar and the international monetary system, it will be necessary to turn the said BRICS accounting unit into a real currency, backed by exchange goods,” the director told the outlet.

Earlier this year, during a meeting of BRICS finance ministers and heads of central banks, representatives of its member states expressed support for moving away from the dollar and for trading in national currencies instead.

Russia’s Deputy Minister of Finance, Ivan Chebeskov, said at the time that “most countries said that payments in national currencies are what the BRICS countries need. We are already a large BRICS family, consisting of ten countries. Most countries supported the need to build new payment mechanisms and shared their experience developing central bank digital currencies, building new platforms, and participating in pilots of various platforms.”

Chebeskov surmised that the majority of the participants of February’s BRICS forum supported boosting bilateral trade and strengthening economic ties by moving to independent settlement mechanisms in national currencies.

Meanwhile, according to a recent Bloomberg report, economic aides to former US President Donald Trump, who is seeking re-election this year, are currently looking at ways to punish countries that choose to shift away from using the US dollar.

As reported by the outlet, Trump’s team is discussing penalties against both allies and adversaries who seek to divert their trade from the greenback to other currencies, with countermeasures including export controls, currency manipulation changes, and tariffs.

The global trend towards de-dollarization comes after Russia was cut off from the Western financial system following the outbreak of the Ukraine conflict in 2022. Additionally, financial experts have raised concerns that the seizure of Russia’s foreign assets, and Western plans to confiscate these, could further spur the trend. (RT)

Source: Azərbaycan24

Iraq to Alter the Global Trade Landscape BY SANDY INGRAM

KTFA CHAT IRAQ NEWS DISCUSSION: Is Iraq still on point to enter the WTO on May 9th? , 5 MAY

KTFA:

Margarita: Is Iraq still on point to enter the WTO on May 9th?

Young_SC: ABU DHABI, 27th February, 2024 (WAM) -- Atheer Daoud Al Ghurairi, Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment.Feb 27, 2024.

There is an accession ceremony happening on May 9th for 9 countries, Iraq being one of them per article that came out a month and a half ago. Maybe Clare could repost it again.

Margarita: Frank said tonight on his quack quack youtube at 31-50 seconds and onward...that he thinks iraq will be in wto around may 7th to the 9th so for the doubters...you can look it up for yourself.

FRANK26…..5-4-24……QUACKS !!! https://www.youtube.com/watch?v=Lm7ToBv1QD4

"RV UPDATE" BY WOLVERINE, 5 MAY

Sat. 4 May 2024 Wolverine

Hi guys Keep the faith as according to all sources this is about to kick off. I was told all platforms are liquid now and waiting to be disbursed. I want you all to say a prayer and thank God for what you are about to receive and thank him for being Chosen. Remember lift up your vibrations. God bless you all, Wolverine.

The official announcement came through last night Fri. 3 May. The president of the central bank of Brazil, Mr. Roberto Campos Neto signed the final document and this document establishes that releases begin on MONDAY, MAY 6, 2024, for the main majority and the first stage ends on FRIDAY, MAY 10, 2024.

The launches will continue MONDAY, MAY 13 and will end on FRIDAY, MAY 17, 2024, for the other recipients (G13, etc.).
Foreigners will board to their countries of origin on SATURDAY, MAY 18, 2024,after making payments.

The signed document was delivered to the person responsible for payments to guarantee compliance with the dates, without delay.

I just received the following update from New York and Washington: “Bob Dunn was partly right about Reno. It has all started, but in full force will be on MONDAY MAY 6, 2024.
Washington DC says there is nothing left to do. Everything is already done and moving!” Bob Dunn – RENO, will give the green light sometime after noon today Sat. 4 May.
Looks like all things are geared up for this coming week. Keep the faith, this is coming it has started, and the green light has been given. We will have a glorious upcoming week, and the notifications are coming out any day now for Tier4B.
SOURCE: DINARCHRONICLES