'Deadline' To Cut Rates Is September; Businesses Won't Survive Much Long...

Parliamentary effort to question the Central Bank: Costs Iraq trillions and threatens the economy

  Parliamentary effort to question the Central Bank: Costs Iraq trillions and threatens the economy

Member of the Legal Committee, Raed Al-Maliki, announced on Tuesday that he is seeking to hold the relevant authorities accountable, especially the Central Bank administration and the government, due to the failure of their procedures to address the crisis of the decline in the value of the Iraqi currency and the large gap between the official dollar exchange rate and the parallel rate.

Al-Maliki said, in a press statement received by Shafaq News Agency, that the continued failure of the Central Bank and the government to achieve stability of the dinar and reduce the gap between the two prices led to the waste of huge sums of money and exacerbated the suffering of citizens. 

He pointed out that these conditions resulted in the state incurring trillions of dinars and enriching the corrupt at the expense of the people, as the prices of most goods depend on the parallel price, which is much higher than the official price.

Al-Maliki also pointed out that the failure of the government and the Central Bank to deal with the exchange rate crisis was embodied in several main aspects, the first of which is the government’s inability to determine Iraq’s position on countries banned from using the dollar, as it failed to reach an agreement with the United States on how to deal with Iran and Syria, while other countries were able to find formulas of understanding in this regard.

The "second failure," according to Al-Maliki, is embodied in the government's inability to control the ports and informal trade. It has failed to unify customs policy and prevent informal ports in the Kurdistan Region, which includes more than 32 informal ports.

The third failure, MP Al-Maliki says, is the failure to address the issue of small traders, whose number exceeds 400,000 traders in Iraq, who rely on the parallel dollar to avoid official procedures and taxes.

Regarding the fourth failure, the government and the Central Bank, according to Maliki’s statement, failed to address the problem of speculation and commissions in banks, as banks buy the dollar at the official price and sell it at higher prices without any legal accountability.

Finally, the fifth failure, according to the statement, is embodied in turning the file of providing travelers with dollars into a corruption case that cost 600 billion dinars, as dollars are collected for fictitious travel purposes without verifying the actual need for travel.

Al-Maliki added that these points represent the most prominent reasons for the continuation of the exchange rate crisis and the waste of money, pointing out that Arab and foreign banks have entered the currency auction and increased their profits at the expense of Iraq.

The MP stressed that he will use all constitutional, legal and popular means to confront this failure and mismanagement, calling on MPs from other blocs to support these efforts in order to protect the interests of the Iraqi people.

For his part, MP Majid Shankali called on the Council of Ministers to take decisive and bold decisions related to the financial reality in Iraq.

In a statement received by Shafaq News Agency, Shankali stressed the necessity that these decisions be preceded by the process of building trust between the citizen and the banking system, which is currently suffering from a significant lack of this trust. 

In this context, Shankali called for banning dealing and trading in dollars in buying and selling operations, in a step aimed at enhancing the use of the Iraqi dinar and reducing dependence on foreign currency. He also called for not allowing citizens to hoard amounts exceeding ten thousand dollars or its equivalent outside banks, in order to limit financial evasion and enhance official banking practices.

Shankali also stressed the need to encourage and stimulate electronic dealing in financial transactions, pointing out the need to start implementing these decisions gradually to avoid creating new crises, stressing that these procedures must be well thought out and based on gradual steps to ensure achieving the desired financial goals without causing additional problems for citizens.   link

LATEST FROM BIRDIEORBUST FROM GINGER TELEGRAM ROOM, 10 JULY

 BIRDIEORBUST

The Chinese elders did sign some papers this week, that has been given to us by several sources...

but not sure how that affects our timeline, what we are waiting for is them along with interpol and the military to go visit Mr. C

--

Mr. C just answered the question about whether Nesara can happen without him entering the codes to release the gold and he just said NO it cannot happen without him.

---

Birdieorbust, Liberty Lounger Extraordinaire 💥 has a valuable update regarding Iraq IQD NEWS. 6.28.24

💢 Birdieorbust: What I can say is this: There is a load of pressure on Iraqis to remain quiet on what they are being told and what they are able to do at present. 

They have their rate - and all I can say is it is close to rumors you are hearing (the low ones however not the huge double digit ones) They have been using this rate for some time in contracts (IN country) since the first of the year basically.

Iraq is waiting on the Treasury to give the go sign...and the Gazette issue is also being kept quiet - but remember it is not necessary for it to be published - beforehand, in order for us to know before we go. Is it possible it will be before? Yes but not necessary. That is really all I can say without getting people in trouble and I refuse to do that.

💢 Ginger: All True - trustworthy info. Completely agree.

🔥 Iraqi Dinar 🔥 Iraq has a New Rate 🔥 Today IQD to Dollar Today RV News ...

"LATEST Q & A FROM GINGER TELEGRAM ROOM, 10 JJULY

 💢 Q & A - Someone asked... 

💢Q: Wait, what about the QFS? Are they (BH) using it as a part of their plan too?

💢A: The point we want you to understand is that the QFS is the framework that Blockchain will run on. There are two AI Quantum Computers - one on each side. Both the Black Hats and White Hats have one. There are also two Resets. Great Reset is NWO and the Global Currency Reset is the antithesis of their wicked NWO. These are running parallel. But only one will last. Please see this teaching post below which might help.

----

💢Follower asked - "But aren't we debt free as a result of canceling the Corporation (of the USA)?"

💢My response: Ahh, I see what your asking... let me help....

◾You're talking about one train track. 

This post I'm using to talk about another. THINK 2 TRACKS and stay with me....

◾The train track 🛤  of the Corporation of the United States of America is heading like a bat out of Hell to the deep, dark canyon of its utter destruction. On this track, debts remain en masse - with nothing but air & a promise to pay to back it.  It all runs out when the train crashes. (The financial system will crash). 

◾The other track that's running parallel to the first is different. God is the faithful Engineer commanding that locomotive. The sturdy track that this 2nd train runs on is the Quantum Financial System and the pathway is paved with gold backed currency. Plenty of Gold - not just to survive with - but to Thrive with!  

◾Note... this train must pass through the Tunnel that I will call the RV.  REVALUATION OF GLOBAL CURRENCIES. Until this passage takes place, this 2nd choo choo train is just pumping steam - yet it's movement is slow, even obscure to most. 

◾It's the first train that is chugging along full speed ahead to its utter demise and destruction. This is the only train we can "see" now. Make sense? 

Does this help? 🙂❤

~ Ginger

Hot legislative session for parliament with amnesty, oil and property laws - Urgent

 The Parliamentary Oil and Gas Committee revealed, on Wednesday, a number of draft laws that will be voted on during the second legislative term of the third legislative year of the House of Representatives.

“There are a number of draft laws that will be voted on during the second legislative term of the third legislative year, including the twenty-first amendment to the Personnel Law No. 25 of 1960, which includes a wide segment of employees of the ministries in the state, in addition to the general amnesty law that does not include terrorists and ISIS members, but there are oppressed people in prisons, as well as the law amending the Martyrs Foundation Law, and also among the important draft laws is the service and retirement law for the fighters of the Popular Mobilization Authority,” said committee member MP Alaa Al-Haidari in a statement to Al-Rabia .

He added that "there are also a number of proposals, including a draft law to include some victims of natural disasters, including the Ibn al-Khatib Hospital incident, the incident of teachers in one of the schools in the Safwan Cases Center in Basra Governorate, the incident of students in the al-Hartha district in Basra, and other incidents in Maysan Governorate," noting that "these proposals will be discussed and put forward for the purpose of voting on them and providing justice to their families."  link

WHERE ARE WE NOW? BY BRUCE FROM GEM FINCH, 10 JULY

WHERE ARE WE NOW? BY BRUCE

 Here is the thing to be candid  - we’ve heard this is our week  - 

for months and it’s a banned phrase on the big call  but I was told this is the week for this to go  - from one source said “This should still be our week” 

- but nothing matters until it happens – I see a lot of what goes on behind the scenes which I cannot put out 

– let me say this – it was a week since our last call so Tuesday to Tuesday and one thing from three different sources – said tomorrow the 10th July would be the start of Debt Jubilee and I was trying to get that confirmed 

- so RR and all those Birth certificate and death certificates and divorce decrees  and all were traded as bonds on us and we are to receive that back  - the monies earned  

- Federal Income Tax and Mortgage interest and also CC paid and bank loan interest  - quite a bit that will come back to us – 62 and older it’s considered a lump sum payment and they know the accounts we have 

- and younger people down to 28 they will get paid over three years and 40 and above in a two year period /monthly.   

So we have that to look forward to and we were also told that the notifications and final email from the RC Leader for information handling over all the RC east of that big river in the US so they each RC have to send this onto 34,000 RC emails and this final email came in last Saturday at 10.03 pm they had to hold it and it was meant to go out Monday and then Tuesday afternoon and still not received and what is that saying 

– something is holding that back under that timeline  

- so is everything deferred to tomorrow 

- well we can hope it is?  This is to the RC Leaders and then our notifications to set our appointments would follow by an hour or two – but those Leaders need to be ready to take calls and that final call will be to a Live Person if you are Zim Holder

 – so you might be asked to press into codes as to what you own in currency and also by your Zip code might be the same or different then they’d transfer your call directly and you’d speak to someone there or another number and will depend on where you live and they will give you approx a two minute call to set that appointment.   ;

  Then don’t forget to take your ID to the exchange appointment with you along with your currency.    (as if you would??) and don’t get there any more than 10 mins before the exchange time – which they think will take about 30 mins..   If you have Bonds, please remember to tell them at the time you set up that PNREA. 

(Privately Negotiated Redemption Exchange Appointment)   

I can’t tell you that tomorrow is our day – but IF IT IS – the First day of Debt Jubilee and that one source said it’s still this week – whichever day ITS’ THIS WEEK AND WE GET THIS DONE. 

  Now Bruce has gone on to talking about Sue and her new and old Golden Bundle.   

Now if this intel actually comes to pass  - that will be Awesome and WE CAN ALL MOVE ON 

- Am sure Bruce will be thanking the whole team  Sue and Bob and GCK and Pastor Scott (please keep praying for Pastor Scott as he is still in hospital) and Jeannie and Larry. 

  And of course not forgetting all the faithful listeners from around the world.    And for sure I know he’ll be praying out the call

 – so pray for those emails to go out to those RC LEADERS  they need ours before they get ours out to us. 

  So pray those are sent out from Treasury ASAP.  

  So please join with Bruce in that closing prayer and keep your own heartfelt prayers said until we see those NOTIFICATIONS IN OUR EMAIL INBOXES.     I know you will because you know how important and powerful your prayers are – and we THANK EACH AND EVERYONE OF YOU – 

Love Always Gem.