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The Sudanese chairs a meeting to follow up the application of networking between border crossings, 27 JUNE

The Sudanese chairs a meeting to follow up the application of networking between border crossings

Baghdad – Mawazine News

On Wednesday, Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting to follow up the application of networking between border crossings.

In a brief statement received by Mawazine News, the Prime Minister’ Information Office said, “Al-Sudani chaired a meeting to follow up the application of networking between border crossings, complete the implementation of the customs automation system (Esycuda), and complete the implementation of the customs automation system (Asycuda).”

https://www.mawazin.net/Details.aspx?jimare=250267

CBI CONTACT INTEL: ABOUT THE PROJECT OF DELETE ZEROS STATUS & THE STATUS OF IRAQ IN THE GLOBAL ORDER BY MNT GOAT, 27 JUNE

 STATUS OF THE RV

I wanted to come on today and discuss a conversation I had with my CBI contact on Saturday.

Also I want to share a couple main points today in the progress of the economic reforms in Iraq and their impact.

To sum up what my CBI contact told me was for investors from the west to relax and not follow every little (or big) event as a target to get the reinstatement of the Iraqi dinar.

They watch and read what these conference calls say on the effort of informing people and it simply is not all true.

Also we talked about June and so we are well into June already and still no Project to Delete the Zeros.

In this regard, I was told that the effort to roll out the new ATMs should be an indication of the progress with the project and not to worry as the committee is working closely with the banks to track the ATMs, their locations and to have sufficient supplies of the lower denominations available to load the machines when they distribute them to the banks when ready.

But the majority of the government run banks DO NOT yet even have the newer notes as the CBI just does not hand out FREE money to people, especially worthless notes (at this time).

In order for the banks to receive the notes they will have to exchange the 3 zero notes for them.

This exchange will happen when and only when the CBI is ready to begin the process of the swap out.

This has NOT yet begun.

This effort has to be a well calibrated and coordinated event.

I was also reminded once again that June marks a pivotal point as the CBI is moving now into a third phase of their strategic plan.

It is a calibrated plan not some random happening of events where the CBI is in a panic mode or reactionary mode all the time.

I was told that the dollar prices are coming down as predicted after the EID holiday.

Soon they will be in line with the reform plan which is within limits to the “official CBI rate”.

This new phase of the plan will run from June 2024 to 2026.

I then asked how the rate of the dinar would be determined in the future and if there is another system to be used to determine the rate of the dinar based on all of its newer resources and economic changes.

I was then told that “you know and I know that the rate of the dinar is now being artificially suppressed” and that it is the “global order” that is holding the CBI back.

I was told that Iraq is in a much better situation now prior to the 1990 embargo and so why not have an international rate again with at least a rate equivalent to the late 1980’s prior to the invasion.

Also, it was pointed out that all the UN sanctions are now lifted from Iraq and so why has the US Treasury not also yet lifted their sanctions too on the dinar?

She said she would leave this game up to the board of directors at the Central Bank as she is just part of a team doing her job.

She said that her committee was directed to be ready in June and did plan in June to begin the project to delete the zeros but the Central Bank not yet received the assurances needed in writing from the US Treasury that they would support us fully all the way through the process.

To me this meant to conduct the project to delete the zeros, swap out the notes and then onward to the reinstatement of the dinar.

This was just a confirmation that they are still closely following this part of the plan anyway.

Based on this information from my Saturday call to Iraq, I will summarize it for you.

We are still waiting for the US to give assurances.

But I will tell you that I was told last month that for us to see the RV, there was only two phases and that they were completing the 2nd phase in June.

So, let’s talk about this strategic plan of the CBI for the economic and financial reform.

In the recent news, and I quote from the article – “Samir Al-Nusairi, advisor to the Iraqi Private Banks Association, confirmed that the Central Bank’s third strategy has drawn up a road map and programs with clear goals and initiatives for a period of three years in a special, complex, and risk-filled economic and financial situation”

This Central Bank’s third strategy is for the years (2024-2026), which began in June.

They say this new part of the overall strategy has drawn up a road map and programs with clear objectives and initiatives for a period of three years (but really its’ only two and half years).

I am almost certain the CBI will come out with a further explanation and details of the phase 3 in the coming days.

So, 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 in line 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.”

It means that for the Iraqi Investment Law their law was not in line with the “sustainable development” goals of the global order.

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.

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).

This is why Iraq can’t yet fully be part of the WTO.

They have not yet toted the line of these global policies.

We must now buckle down and pray and pray like never before for the success of Al-Sudani and his agreements with Washington are implemented.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraqi Dinar🎉 New IQD Exchange Rates Announcement From CBI Today 2024🔥ira...

Sudanese and the US ambassador discuss resolving the dialogue to end the coalition’s mission with a timetable. 27 JUNE

Sudanese and the US ambassador discuss resolving the dialogue to end the coalition’s mission with a timetable

Prime Minister Mohammed Shia Al-Sudani received, today, Wednesday, the Ambassador of the United States of America to Iraq, Alina Romanowski.

During the meeting, according to a statement by the Prime Minister’s Office, a copy of which {Euphrates News} received, “the dialogue conducted by the Supreme Military Committee, on ending the alliance’s mission, and ways to resolve this dialogue to reach agreement on a timetable for implementation.”

The meeting also witnessed “the discussion of developments of the regional and international situation, the course of events in Gaza, the suffering of our Palestinian people as a result of the continuation of aggression, the dangers of the expansion and spread of the conflict in the region, and the responsibility of major countries, international organizations and international organizations to stop the tragedy of civilians throughout the Palestinian territories.”

https://alforatnews.iq/news/السوداني-والسفيرة-الامريكية-حسم-حوار-انهاء-مهمة-التحالف-بجدول-زمني

"RV UPDATE" BY MILITIAMAN, 27 JUNE

 Militia Man 

 That's what we are waiting for as we speak [seeing what's in the budget].  We haven't seen them expose that rate or that information to us just yet but they're going to.  They don't have much choice because June 12th it [The budget] became law...The court already said... just because they have an appeal doesn't mean they have any weight to them.

 The budget is only at $70 [per barrel], they've been trying to see if they can modify it and kick it up to $80 so they can spend more money...Oil prices are at $80+ and they think it's going to keep moving forward for the next year or year and a half. 

Article quote "...the global energy market sources indicate the current rise in oil prices will continue until the end of the year 2025."

 Everybody should be pumped and ready to go... 

 Article quote:  "Sovereign guarantees to the private sector will contribute to the industrial renaissance" 

 This article right here will blow your socks off...

Iraqi DInar ✅ ! Pimpy Analyzes Currency Revaluation | iraqi dinar news t...