LATEST FROM FRANK26, 7 JULY

  Frank26 

 Question:  "Have the new smaller notes been revealed to the citizens of the public?"   No.

This information of the monetary reform it's like a wildfire that's slowly growing and spreading.

Question:  " Do they have to pass the HCL before it RIs?"  

The HCL is already passed.  The HCL has no need for anything.  It sits there.  Now, parliament is coming out and saying, we need to pass some laws in order for you to have the HCL and that might be.
 

Question "Does the budget have to be in The Gazette before we see a change in the rate?" 

 No.  They can make the change and then it can pop up in the Gazette.  The Gazette is not something that is a mandatory in order for it to be revealed.   The budget is a mandatory in order for it to be revealed.

IRAQI DINAR 💥14 JULY A BIG DAY FOR INVESTORS |IRAQI DINAR NEWS TODAY | I...

US messages to Iraqi leaders: Dollar cash flow may stop

 US messages to Iraqi leaders: Dollar cash flow may stop

Prominent Kurdish politician, Masoud Barzani, sent messages to Iraqi political leaders, stating that the entry of some factions into the Israeli-Iranian conflict may prevent the flow of cash dollars into Iraq. 

Politician Mishaan Al-Jubouri said that Barzani informed the leaders of the Coordination Framework that the American siege will be imposed on Iraq if Washington's interests are attacked. 

He added that Barani also informed the leaders of the Coordination Framework that America can stop the flow of dollars to Iraq and cause harm to the country, but Iraq is unable to cause any harm to America   link

LATEST FROM MARKZ, 7 JULY

 MarkZ

   [via PDK]  I keep getting loaded up on the Rumor side …There is a lot going on and they are saying that we hit the banks sometime around July 12th. We will see what is accurate as we get closer…but my goodness, the enthusiasm from the banking side and the group side is nuts. It’s exciting but I don’t want it to be another let down.

 ...in Iraq they are working with the Saudi’s directly to complete undersea cable agreement for internet connectivity.  Iraq is becoming a central hub for communications in the middle east.  Big news for Iraq. If you are going to be a regional leader- Iraq is going to need some higher valued dinar…imo

There is a lot of chatter as of yesterday over the HCL in Iraq.  

 Article:  “Parliamentary committee for “Economy News”  The Oil and Gas law is almost complete-this is what we hope from Barzani’s visit to Baghdad." 

 They want you to know they are almost done with HCL. From day one I was told to look for HCL being completed and then BAM you are headed to the bank!

How To Create Humanitarian & Business Project Proposals w/Chat GPT Part ...

Ports Announce The Completion Of The First Phase Of Networking By 100 Percent, 6 JUNE

 Ports Announce The Completion Of The First Phase Of Networking By 100 Percent

Money  and business  Economy News - Baghdad

The consultant for the border crossings networking project, Ahmed Ezz El-Din, confirmed today, Friday, that the authority has made advanced progress in the electronic networking of the crossings, pointing out that the first phase of the networking has been completed.

Ezz El-Din said, "The first phase of the networking of the ports has been completed 100%, and all border ports have been connected with optical cable and the highest-spec infrastructure of network devices and servers has been established," stressing that "all devices are currently connected to the Border Ports Operations Center at the Ports Authority."

He added that "the network connection means that digital transformation and automation of systems will be available, and its implementation will be direct," noting that "the border crossings management program has been implemented and a live image has been transferred from sonar devices directly to the operations center."

He stated that "the port and the operations center were audited via live broadcast, which leads to combating corruption and reducing pressure on workers at the ports and monitoring the movement of trucks and goods from their entry to their exit."

95 views  07/05/2024 - https://economy-news.net/content.php?id=44917

LATEST FROM SANDY INGRAM, 6 JULY

 Sandy Ingram  

 If the Iraqi dinar revalued next week are you ready? ...Understanding this one fact, you will  do just fine.  The wealthy never never ever spend their bases or the foundation of their wealth.  In your case this would be the  profits from your Iraqi dinars...Wealthy people invest their initial profits.  The first person they hire is a financial advisor.   The second...is a tax professional...to make sure Uncle Sam doesn't get large sums of their money.  If you do anything else you are in the fast lane to going broke. 

Sandy Ingram 

  Article:  "Advisor to the Association of Banks:The third strategy of the Central Bank is a new methodology for financial and banking reform"  The Central Bank is prepared to achieve all goals in the second half of 2024 and the years of 2025 and 2026. ...these are from the original white papers that we talked about a couple years back.  This article is the first indication that the white papers are the guiding light to the CBI's progress toward financial stability and banking reforms that aligns with International banking standards.

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The four factors that have or can affect the Iraqi dinar currency...The first...is the '24 budget...presents a significant issue for Iraq.  The World Bank's assessment that Iraq needs an oil price of $90/barrel to meet budget requirements is a stark contrast to the current oil price of around $80...This ongoing issue boils down to how the World Bank reviews financial data and how Iraq view the same data.   The second factor...until 2014 Iraq almost always created jobs for college graduates...In the eyes of Iraq, a government career is part of the benefits of being an oil rich county...One reason the budget is so large is that Iraq is budgeting for over 700,000 new government jobs.

The third factor...there are two exchange rates in Iraq...The official rate is round 1310 to $1.00.  The market rate...fluctuates higher around, 1450 to $1.00 and cause issues, even protests.  The market rate is the rate at which people live day-to-day... Because Iran and Syria need and want US dollars the US Federal Reserve has encouraged Iraq to rely more on the Iraqi dinar than the US dollar.  This effort keeps Iraq out of trouble with the US Federal Reserve and the Department of Treasury...The issue of the two exchange rates is expected to be resolved over time.  As of January 1, 2024 all transactions are mandated to be conducted in Iraqi dinars and the gap between the official exchange rate and the market value is anticipated to decrease, offering a sense of stability

...This is the most concerning issue that is brewing.  All oil revenue paid to OPEC is in US dollars...Iraq's oil revenue is received by the US Federal Reserve first and then allocated to Iraq...The fact there are backroom talks over the position of OPEC going forward leaves [us] concerned for Iraq's Financial safety especially if the country wants to receive oil revenues in the dinar currency.  However this would be one of the best steps to strengthen Iraq's currency...OPECs power is being threatened from within and this could lead to an uncomfortable situation for Iraq. 

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-sandy-ingram-1-july.html