Thursday, June 20, 2024
Parliamentary Finance: Iraq Needs To Be Liberated From Oil Power In The Field Of Revenues, 20 JUNE
Parliamentary Finance: Iraq Needs To Be Liberated From Oil Power In The Field Of Revenues
June 12, 2024 Baghdad/Iraq Observer Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed that although Iraq possesses all the elements that enable it to advance its economy and liberate itself from oil power in the field of revenues, it lacks unity of decision and vision in the field of directing the economy to its correct destination.
Al-Kadhimi told Iraq Observer, “There is a major imbalance in the Iraqi economy.
If we continue to rely on oil as the country’s sole resource, as approximately 90% of the country’s revenues are derived from it, then this dependence is not guaranteed, given that the oil wealth is not stable in price in global markets, in addition to “The wise countries are moving towards non-oil revenues.” He added, “There are already steps taken by the government, but they are not at the level of ambition to increase revenues, including encouraging internal industry and agriculture.
Also, the fact that the border crossings remain without control, especially those in the Kurdistan region, is one of the most prominent reasons behind the faltering of the internal industry, as the national product remains without protection from the government.”. He continued,
"The increase in non-oil revenues, customs, border crossings, taxes, and all services provided by the Ministry of Electricity and other service ministries must be offset by these huge amounts spent on the ministries, revenues that strengthen the state's balance and treasury in light of the annual budget, in addition to initiatives to support the private sector and investment that... “It would attract and absorb large numbers of labor.” He pointed out that
“Iraq has the qualifications to start with non-oil revenues,
but the system that the economy has followed since 2003 and
what was imposed by the occupation and the
destruction of the infrastructure of most factories and the
failure to solve the problem of electrical energy until now
is considered the main obstacle to the launch of the private sector in the various fields that support The Iraqi economy is important and essential revenues.” He concluded by saying,
“An example of this is what happened currently in self-sufficiency in wheat, and
the wheat crop has now reached 6 million tons of production for this year, but
in return it cost the government approximately more than a trillion dinars, considering that the government took the initiative to buy a ton at a rate of 150 thousand dinars in support of farmers, while in If it is imported, it reaches the governorates at a price of 400 thousand dinars.
Therefore, the issue of reforming the Iraqi economy requires a
government decision,
parliamentary support, and
support from the political blocs, in addition to
understanding from the popular bases.
https://observeriraq.net/المالية-النيابية-العراق-بحاجة-الى-الت/
"RV UPDATE" BY TEXAS SNAKE, 20 JUNE
TEXAS SNAKE
Banker when asked cannot confirm any bondholders have received funds however he is very optomistic that he will be receiving some positive news over the next couple of days from his superiors. SAY YOUR PRAYERS
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Lots more info being shared about bond holders being liquid, will keep you folks in the loop
Whoa rumors are wild and loose however nothing can be confirmed at this point other than we are really close to an announcement so please stay alert and GOD Bless
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Well this is the second Sunday where the big wigs at WF have had zero comments to the bankers in charge of the exchange centers, he thinks it is NDA's preventing them. Sorry folks will report anything I hear.
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Looking forward to the bankers call this morning, with all the smoke over the last 24 hours it should be interesting.
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After 4 days of dead silence there appears to be something underway tonight even though it is just after 4 AM in country, will report ASAP after I can learn what is happening.
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Folks there are numerous rumors the new IQD rate in country is to be announced and published in the newspaper in the morning and it is 05 32 there presently, bug this may be our start, but again maybe not, so stay tunned.
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Will open tomorrow for your comments as well as any upday.
https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-15-june.html
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Well several calls and unfortunately nothing new to report, we are all awaiting the GO trigger.
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TEXAS SNAKE
A practicing doctor who is a citizen of Iraq living in Texas, a former client of mine has agreed to contact family members in country tonight to determine what the current in country rate of the IQD is today, It is almost 0530 in the morning and he asked if I could await his reply until it is closer to 0800 Iraq time. I will report once he calls me back.
Have received a number of projected exchange rates on Zim IQD and Dong but have been asked not to share but I believe we will be agreeable should these rates be actual .
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Well folks banker feels very positive about what he hopes is confirmed in the morning when he calls me. Will report afterwards either way.
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It was exoressed that several bond holder paymasters had been called to Reno however there is no confirmation of this thus far. Will open for a short time should anyone have some additional info.----
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JUNE 6
Texas Snake, [06/03/2024, 10:32:59 p. m.]:
Well it's about 0530 AM in country and the info I am receiving is that the new rates will appear either when the banks open today or they will wait for the FOREX opening on Wednesday to be able to publish the new rate in the Gazette Paper. Wish I had better intel but most of the UK is asleep now.
Not much reason to open as this is all I have at this time...
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Well folks the information I have rec'ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.
We are then scheduled to begin receiving notification to begin scheduling appointments.
I have this info from 3 sources and am waiting confirmation from the banker, hopefully tonight or early AM. Will open for a short time so any members who have any news can share.
Thanks for all the members joining us and GOD Bless.
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https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-6-june.html
THE STRUCTURED PAYOUT SYSTEM , 20 JUNE
Wed. 19 June 2024: QFS, NESARA, XRP, and Stellar – THE STRUCTURED PAYOUT SYSTEM – Redemption Rate = The Amount Paid For Each Zim Dollar – American Media Group (amg-news.com)
- Redemption Rate = the amount paid for each Zim Dollar. This process is better described as “cashing in your bonds.” You, as the bearer of the Bond, demand payment in cash value for the face value of the bond multiplied by the negotiated Rate. This is the redemption process. A “transaction” is required to activate any Digital Gold Certificate in the Quantum Financial System (QFS). This redemption process qualifies as a “transaction,” and activates the Digital Gold Certificates when put into our QFS accounts.
- Term = the number of years you will receive Structured Payout payments; 10, 25, 50, 100 years, or however many years you want to be approved by your Counselor at the Redemption Appointment.
- Structured Payout = a system put in place to provide Humanitarians a consistent cash flow for their Humanitarian activities for the full Term they choose at the Redemption Appointment. The total amount of funds to be paid out over the term you choose is put into a QFS Structured Payout account in your name in the QFS. Your Structured Payout payments come out of that account. The Structured Payout process is administered by the Alliance.
- Primary Principal = the figure you get from the Redemption Rate times the number of Zim Dollars you redeem or cash in. THIS IS NOT THE AMOUNT DEPOSITED INTO YOUR QFS ACCOUNT.
- Secondary Principal = the amount deposited in your Structured Payout Account in the QFS at the Redemption Appointment. It is the total amount you will receive over the term of the Structured Payout period. Your Structured Payout payments come out of this account. This Structured Payout account is administered by the Structured Payout staff within the Alliance. You will not have access to this account.
"RV UPDATE" FROM RV HIGHLIGHTS HOLY GROUND CHAT, 20 JUNE
Mon. 17 June 2024 RV Highlights Holy Ground Chat
From Bond Banker Contact in Brazil: The Pentecostal Group is a group above the currency holders. It was notified in Dec. 2023 and finalized in Jan. 2024. I’ve not heard from them since they were on their way to the airport for payment.The St. Germaine and Rodriguez Trusts have been open for some time and paying the country’s debts, which is NESARA/GESARA.
Dubai 1 and Dubai 2 have been paid.
The Farmer’s Claims started Dec. 23 2023.
Global Bond movement did not start until Jan. 2024.
Global Bond payments started March 2024.
The Whales, the huge Bond Holders have seen 1% in their QFS Accounts for a year or longer. They were not able to have access to the money until March 2024.
The GCR has started and continues. Now we as currency holders have to wait for our payout, which is not far behind.
MarkZ stated that he had heard that the 1% for the Whales, for the Historical Bonds, had been funded. I have received three other confirmations of that. Just because they are funded does not mean that the actual individuals have the money in their hands/accounts as it goes into a Escrow Account and they have to work with the Paymasters to prove that they don’t have any financial situations that need to be resolved, or are criminal (problems), but they have been funded that 1% and said that the back wall was the 15th of June. And it was the 15th of June. They adhered to that date.
Someone else said that he had heard that when it got to that point, that we were still two weeks out from that point.
Another person said they had heard 48-72 hours from that date of June 15th.
We are in the window right now. That would be the first opportunity for any notifications to come out, but it could also be two weeks.
I’ve also heard from a couple of high sources that there is supposed to be a big party on July 4.
Tues. 18 June 2024 MarkZ: “Sources close to the US Treasury seem to be clouding the timing, telling different groups different things. …I’m getting information on some really weird things that are going on. People with good credit and good incomes are having their loans not approved. I got from many sources in Reno that Sat. 15 June 2024 evening they released 1% to Bond Holders. That should kick off a cascade event.”
Mon. 17 June 2024 TNT: “Over the weekend the old ATM’s in Iraq were emptied out by the CBI, replaced with new machines, and loaded with the new, lower Dinar denominations. On Mon. 17 June 2024 Sudani announced on Iraqi TV that before the end of the holiday, which was Wed. 19 June, that the Iraqi citizens will have their new exchange rate and access to the new ATM’s and the lower denominations.”
- source: DINARCHRONICLES
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