Thursday, May 23, 2024
"SECURITY & STABILITY FOR THE MONETARY REFORM!!!" BY FRANK26, 23 MAY
KTFA
FRANK26:"SECURITY & STABILITY FOR THE MONETARY REFORM!!!".............F26
The Securities Commission announces measures to prevent manipulation of the rise in stocks
5/21/2024
Baghdad - Wissam Al-Mulla
The Securities Commission announced, today, Tuesday, that it is working to protect investors’ rights to ensure transparency, while indicating that measures are being taken to prevent manipulation of the rise in stocks.
The head of the authority, Faisal Al-Haims, told the Iraqi News Agency (INA) that, “Over the past 20 years, the authority has worked to protect the rights of investors, and this is the main reason for its existence,” indicating that “among what the authority has provided is to monitor the Iraqi stock market so that it operates in a transparent manner before all investors.” And that there should be no preference over one investor over another with information that may lead to an increase in stocks and investment in them.”
He added, “The Authority is currently working on the Securities Commission law sent from the Council of Ministers to the House of Representatives, and the first reading has been completed and we are awaiting the enactment of the law,” pointing out that “Enacting the law has many benefits, including increasing the volume of foreign investment for companies, which will make there a greater flow of foreign investment in Iraq Stock Exchange.
"RV UPDATE" BY TRUTH WARRIORS, 23 MAY
TRUTH WARRIORS
๐บ๐ธ๐ฅ❤️๐บ๐ธ. Iraq is allowing the dinar to float to close the gap between the official exchange rate and the parallel market rate.๐ฅ๐ฅ๐ฅNader today. Good news! ๐บ๐ธ๐ฅ❤️๐บ๐ธ
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๐บ๐ธ๐ฅ๐บ๐ธ. Viet Nam has had significant growth in their economy! ๐ฅ๐ฅ๐ฅ. They have added to their manufacturing sector. ๐บ๐ธ๐ฅ๐ฅ๐๐๐
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๐ฅ๐บ๐ธ☝️☝️☝️☝️Nader says that the war with Iraq had ended when Sudani came to the U.S. last month. ๐ฅ๐ฅ๐ฅ The U.S. will keep bases in Iraq to protect their assets just like they do in Germany and other places. ๐ฅ๐ฅ๐ฅ The U.S. gave 100% of Iraq to Iraq.๐ฎ๐ถ It happened this month! ๐ฅ๐ฅ๐ฅ. Great news! ๐บ๐ธ๐ฅ๐บ๐ธ☝️☝️☝️
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๐บ๐ธ๐ฅ❤️๐บ๐ธ. Zimbabwe is going on the gold backed currency system! ๐ฅ๐ฅ๐ฅ. This is very good for those who hold Zim bonds! ๐บ๐ธ๐ฅ❤️๐บ๐ธ
"WHERE THE BANKS WOULD GET THE CASH LIQUIDITY THAT THEY NEED?" BY TRUTH WARRIORS, 11 MARCH
TRUTH WARRIOR
๐บ๐ธ๐ฅ๐บ๐ธ. Remember that on March 11, Monday, there won’t be anymore money to lend for loans. What will the banks do? ๐ฅ๐ฅ๐ฅ. How long would that go on before the banks break not having any money? Boom boom boom ๐ฅ๐ฅ๐ฅ.
What they will need is their own liquidity of cash. ๐ฐ๐ฐ๐ฐ.
Where would they get the cash liquidity they need??
From the people redeeming their foreign currency. ๐ฅ๐ฅ๐ฅ.
That money will be immediately invested in the banks at a special high interest rate! ๐ฅ๐ฅ๐ฅ.
It will be a win-win situation for everyone! Let’s Go! ๐บ๐ธ๐ฅ๐บ๐ธ๐๐๐
https://dinarevaluation.blogspot.com/2024/03/where-banks-would-get-cash-liquidity.html
๐บ๐ธ๐ฅ๐บ๐ธ. Remember that on March 11, Monday, there won’t be anymore money to lend for loans. What will the banks do? ๐ฅ๐ฅ๐ฅ. How long would that go on before the banks break not having any money? Boom boom boom ๐ฅ๐ฅ๐ฅ.
What they will need is their own liquidity of cash. ๐ฐ๐ฐ๐ฐ.
Where would they get the cash liquidity they need??
From the people redeeming their foreign currency. ๐ฅ๐ฅ๐ฅ.
That money will be immediately invested in the banks at a special high interest rate! ๐ฅ๐ฅ๐ฅ.
It will be a win-win situation for everyone! Let’s Go! ๐บ๐ธ๐ฅ๐บ๐ธ๐๐
https://dinarevaluation.blogspot.com/2024/03/where-banks-would-get-cash-liquidity.html
"SO IS THE NEW EXCHANGE RATE" BY FRANK26, 23 MAY
KTFA
FRANK26: "SO IS THE NEW EXCHANGE RATE"..F26
The deficit rate is large.” An economic message to the House of Representatives regarding
the 2024 budget schedules
5/21/2024
Baghdad
Today, Tuesday, economic expert Ali Daadoush sent a message to the House of Representatives regarding the 2024 budget schedules, while stressing the need to reduce the deficit rate.
In an interview with Al-Iqtisad News, Daadoush said, “It is very important for the House of Representatives to study the financial budget schedules for the year 2024 in depth and take into account the large expenditures.”
He added, "Oil prices are expected to remain at the current ceiling, and will not fall below $75 per barrel as an average price until the end of the current year, unless political events occur that may affect oil prices."
Regarding the deficit rate, he stressed “the importance of having a careful study by the House of Representatives on the deficit in the financial budget, and trying to reduce its rate,” considering “the deficit rate is very large, and needs to be regulated and reduced, especially in light of the presence of expenses that can be dispensed with and carried over to the coming years.”
Earlier today, the Secretary of the House of Representatives confirmed the arrival of the federal budget schedules for the year 2024 from the Council of Ministers, and will be transferred to the Presidency of Parliament for reading and voting on them.
"RV UPDATE" BY BEARDED PATRIOTUSA, 23 MAY
BEARDED PATRIOTUSA
FAMILY: FRIENDLY UPDATE……..
๐ฎ๐ถThe Iraqi Cabinet is set to deliberate and APPROVE the budget law for this year in its upcoming session tomorrow TUESDAY. Mazhar Mohammed Saleh, Financial Advisor to the Prime Minister's office.
Saleh indicated that the budget would be promptly forwarded to Parliament. However, "the deficit percentage in the budget is yet to be finalized."๐คฅ๐
The Sudanese adviser explained that "the percentage of deficit in the budget schedules is unknown, and will be determined according to the schedules that will be approved by the Council of Ministers, before sending them to the House of Representatives."
According to Law No. 13 of 2023, lists and schedules of the Tripartite General Budget Law should be submitted to the House of Representatives.
PM Al-Sudani, Central Bank of Iraq Governor & President Barzani already HAVE the NEW DINAR RATE & are keeping the NEW RATE tight lipped & waiting until last minute (imo).
https://dinarevaluation.blogspot.com/2024/05/cbi-al-sudani-president-barzani-already.html
The last I heard was that Iraq is waiting on our USTN to be announced.
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๐จ๐ณ๐ฎ๐ทCHINESE COMPANIES WON BIDS TO EXPLORE FIVE IRAQI OIL AND GAS FIELDS ON SATURDAY IN A LICENSING ROUND FOR HYDROCARBON EXPLORATION THAT WAS PRIMARILY AIMED AT RAMPING UP GAS PRODUCTION FOR DOMESTIC USE.
AN IRAQI KURDISH COMPANY ALSO TOOK TWO OF THE 29 PROJECTS UP FOR GRABS IN THE THREE-DAY LICENSING ROUND ACROSS CENTRAL, SOUTHERN AND WESTERN IRAQ, WHICH FOR THE FIRST TIME INCLUDES AN OFFSHORE EXPLORATION BLOCK IN THE COUNTRY'S ARAB GULF WATERS. REUTERS.COM/BUSINESS/ENERGY/… ...
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https://dinarevaluation.blogspot.com/2024/05/rv-update-by-bearded-patriotusa-12-may.html
" It was supposed to "go" last night" BY MIKE BARA, 26 NOV
MIKE BARA Tuesday Update It was supposed to "go" last night. TS reported that the Dinar rate was showing on Redemption Center scr...
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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...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...