The latest from the Swiss banks.. Sudanese advisor: The recovered funds were deposited in the Central Bank
The latest from the Swiss banks.. Sudanese advisor - The recovered funds were deposited in the Central BankThe Prime Minister’s Advisor for Oversight and Integrity, Muayyad Al-Saadi, confirmed today, Friday, that Iraq’s recovered funds were deposited in the Central Bank, pointing out the existence of a comprehensive plan to combat corruption and recover smuggled funds.
Al-Saadi said, according to the official agency, that “Prime Minister Muhammad Shiaa Al-Sudani paid great attention and daily follow-up to anti-corruption measures, and worked in different directions,” noting that “teams were formed to receive news and reports about corruption, follow up on them, uncover them, and refer them to the Integrity and Public Prosecution Commission for the purpose of holding them accountable.” Violators will be prosecuted and the money will be recovered.”
He continued, “Among the trends that have been focused on is the periodic evaluation through semi-annual and annual reports through the regulatory agencies that follow up on the procedures of ministries and governorates in the field of combating corruption on a daily basis, as well as the issue of digital transformation and the procedures of the unified storage system for the purpose of controlling, following up and knowing funds.” Balances and their movement,” noting that “all of these measures serve to combat corruption.”
Saleh on television saying the third strategy phase that we're in right now with the CBI...is a new methodology that will enhance Iraqi financial and banking reform which will make the bank stronger locally and internationally. FRANK: It's the new exchange rate and the lower notes...I believe the words Sudani is using with the CBI are words that tell the citizens there is a new exchange rate in the budget without saying those words directly...
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FIREFLY:Measures by the CBI they say will reduce the dollar rate...They say it will help reduce the dollar rate in coming days.
FRANK: The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency. This is the goal of the monetary reform process...I agree, in the coming days this mechanism...will bring forth value to your currency and continue to remove the American dollar from your society.
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FIREFLY:Measures by the CBI they say will reduce the dollar rate...They say it will help reduce the dollar rate in coming days.
FRANK: The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency. This is the goal of the monetary reform process... I agree, in the coming days this mechanism...will bring forth value to your currency and continue to remove the American dollar from your society.
FIREFLY: International finance team is on the television channel one...They're saying the economic reform is Iraq is at an increasing rate and we have invested over $2 billion in Iraq.
FRANK: This is the international finance community. They all know what's going on. When they say your economic reform has increased...what they're talking to you about without saying it, because they cannot, is the float.
FIREFLY:My bank guy said...Sudani...sent Alaq out in February...to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well...in March...considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320.
FRANK: They keep the exchange rate at 1320 to give you more purchasing power...They are about to give this power to you.
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FIREFLY: Gold reserves over 145 tons TV says.
FRANK: No...It's not 145 tons. It's a lot more. They're never going to tell you the right amount...It's a heck of a lot more than that. Notice every time they talk to you about their gold it just gets bigger and bigger. That is because of the success that is going on with the rewriting of the contracts and the success of the monetary reform...
FIREFLY: My bank friend...reminded me...remember back in February of this year when Alaq came out and he talked to us on television and he said, Iraqi citizens the project to delete the zeros still exists. He didn't say the plan is to LOP our currency. They are two totally different things. We are deleting zeros and adding value.
FRANK: I love this because it's coming from the horse's mouth, a man of authority who knows what he's talking about...
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FIREFLY: They told us...due to typo errors in the printing of the budget it will be reaudited and sent back to gazette...after EID holiday...All sound little fishy to us...An Iranian proxy saying budget is under appeal but we see nothing official of that...We trust it is going to be in gazette after EID holiday...
FRANK: They know what you are about to receive - your purchasing power. They know it's going to be extremely difficult for them to steal this value, this currency, so in the last nanosecond, just before Sudani and Alaq present the new exchange rate and the lower notes to you they do everything possible to prevent you from receiving your blessing...
Parliamentary calls to curb the rise of the dollar in Iraq
Parliamentary calls to curb the rise of the dollar in IraqInformation/Private..
Today, Saturday, Representative Ola Odeh called on the Central Bank of Iraq to take serious steps and quick measures to limit the continuing crisis of the high exchange rates of the dollar against the Iraqi dinar.
Odeh said in an interview with the “Al-Ma’louma” Agency, “The exchange rates of the dollar against the Iraqi dinar during the days of Eid Al-Adha witnessed a significant increase compared to the previous period.”
She added, “The coming period requires a greater effort by the Central Bank of Iraq and the Ministry of Finance to put an end to the phenomenon of high exchange rates of the dollar against the dinar.”
Since Eid al-Adha, the exchange rates of the dollar against the Iraqi dinar have risen until they exceeded 147 thousand dinars for every 100 dollars, after being below 145 thousand dinars during the past weeks.
The dollar exchange rates are witnessing a significant increase in the Iraqi markets, as the price of one dollar during the past months reached more than 152 dinars, amid fears that this rise will continue.
The American administration continues to obstruct the Iraqi government’s reforms in light of waving the economic card through the dollar file.
So, months and months ago we learned from the World Trade Organization (WTO) that Iraq had fulfilled all its obligations under the process for full accession. They then told us it was held up because they needed the Investment Law from Iraq, meaning they need the law passed in parliament, so we all thought at the time. But new information in today’s news tells us this is not the case. What they really need is the existing Investment Law to be amended and they tell us today what was wrong in the old version.
What the WTO needs is for the Iraqi Investment Law to be inline with the WTO Investment Law. I will quote from today’s article”
“It is noteworthy that the Parliamentary Investment Committee justified its effort to amend some investment laws in order to attract foreign investments and capital because some paragraphs of the laws related to investment conflict with sustainable development in Iraq, including the Investment Law, the Companies Law, and others.”
What does all this mean?
It means that for the Iraqi Investment Law their law was not inline with the “sustainable development” goals of the global order. Oh.. but Iraq is telling us that the law is good for Iraq and is in line to attract foreign investors and the much needed capital to rebuild the economy and cities. Is that not the goal of it? But the WTO under the UN says the “woke” policies of the far leftist are more important.
Remember that the WTO is part of the United Nations (UN). So go figure what is going on here. I don’t want to be conspiracy theorists but if the shoe fits wear it. Go back and read the UN Agenda 2021, and 2030. Folks its all there in black and white. This is why Iraq can’t yet fully be part of the WTO. They have not yet toted the line of these global policies. Remember this sustainably language is all predicated on the false narrative that we can do something about the changes of the planet, but they are natural and will happen no matter what we do. We are not necessarily the cause. In other words the cause and effect relationship of society to the planet is not like they are telling you. Don’t mix having a cleaner, more livable planet with their goals. They go much deeper and it gets sinister real fast in the way they are using it to CONTROL us. They are using their “climate change” narrative to bring about controls that favor their narratives of how society should move ahead, regardless of the financial, economic and political burdens and consequences that country must bear. Folks this is not just guidelines but strict enforcement as they use what the countries now need to survive to bribe them into conformity. So, this Investment Law with Iraq is a perfect example and these warped global bullshit strikes again. But what else is in store for Iraq that we don’t know about? What other Globalist hoops are they jumping through to get to the reinstatement? Can you see why we are not getting the currency reform that is much needed for Iraq?
Can you see now what my contact in the CBI was telling me in my call to her on Saturday in the application for the WTO vs Iraq? Now you know the entire TRUTH of why the WTO accension is held up.
Now you can see just one example that was exposed or how the UN is trying to mold and control Iraq. Oh… but if Iraq wants to benefit from the trade policies of the WTO they MUST conform to these other woke policies too and that is all there is to it. Is this national sovereignty? Is this freedom or conforming to some woke World Government? So you tell me the New World Government does not exist?
AFTER THE EID JUMP… A SPECIALIST PREDICTS THE DOLLAR EXCHANGE RATES IN IRAQ
Economic expert Sirwan Abdel Rahman confirmed today, Friday (June 21, 2024), that the measures of the government and the central bank will contribute to reducing the price of the dollar again.
Abdul Rahman said in an interview with “Baghdad Today”, “The Central Bank’s measures reduced the chances of speculators and currency traders who wanted to exploit the crisis and raise the price of the dollar to more than 200 thousand dinars.”
He added, “The current price of the dollar is 145 thousand dinars, and if the Central Bank’s measures continue, especially in the issue of emphasizing the transfer of dollars except to those entitled to them, the price will fall in the parallel market and stabilize in the coming weeks at 140 thousand dinars.”