Monday, June 17, 2024
State of law: The new American ambassador violated Iraqi sovereignty before her arrival, 18 JUNE
State of law: The new American ambassador violated Iraqi sovereignty before her arrival
"RV UPDATE: IRAQ IS STABLISHING A SOVEREIGN WEALTH FUND" BY MNT GOAT, 17 JUNE
Mnt Goat
...the economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund. ...Unlike the CBI reserves that are mandated by the IMF to cover the government expenses in time of emergencies, the SWF is more flexible and gives an additional pad of money for stability and security. This fund will also cut down the reliance on oil revenue and help them move more quickly out of the rentier economy. WOW!
...Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open...the final issues preventing the reinstatement are being dealt with one by one...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait.
...Iraq’s exit from the list of “high-risk countries" ...was officially announced by the International Task Force (FATF) last week.Biden is preparing a new anti-Tehran ambassador to Iraq, 17 JUNE
Biden is preparing a new anti-Tehran ambassador to Iraq
"RV UPDATE" BY WALKINGSTICK, 17 JUNE
Walkingstick
When they load or if they have loaded them up [new ATMs], the note count has already been determined. The note count for each individual machine has already been accounted for...These machines will be the state of the art...State of the art has nothing to do with a program rate. If it was they would have had the state-or-the-art with the program rate for the last 20 years...
The CBI is desperately trying to put out the least amount of currency at the onset before they release the new exchange rate. Because once they do this, if needed, they will be able to add to this note count as the value is needed.
These ATM machines have the capability to recognize the lower denoms that are soon to be passed out to the citizens in order to add value to their currency and to go hand in hand with a new exchange rate of the lower notes...These ATM machines have the software for the lower notes. But does it have the lower notes in these ATM machines? It is unknown...Since April there have been thousands of these ATMs being put out...
Question: "Do these ATM machines have the lower notes ?" Software definitely. [I'll] text Aki [Walkingstick's Iraqi Bank friend] about the notes.
Don't be dismayed if the rate is still the same in the budget when it comes out on Saturday...because Sudani is dealing with this [57 trillion] thievery...He could release an "operational" budget.
[Iraqi bank friend Aki - highest level banking meeting update]
Sudani is putting contracts in place to be implement inside of Iraq. Sudani has been doing this with thousands of contracts.
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's proje...FOR READ MORE:
Sudani is putting contracts in place to be implement inside of Iraq. Sudani has been doing this with thousands of contracts.
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's projects...Those contracts will be fulfilled for their value but paid in IQD's only.
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[Information from Iraq bank owner #1 friend]
Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising. Sudani has been doing this on behalf of the executive level of all the pr...for read more:
MILITIAMAN CC HIGHLIGHTS NOTES, 26 NOV
MILITIAMAN CC HIGHLIGHTS NOTES Summary Iraq is advancing its budget law for 2023-2025, focusing on oil revenue management and monetary stab...
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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...