Is Earth Running Out Of Gold? Will Price Skyrocket? | Michael Henrichsen

For the first time, the Iraqi state's non-oil revenues record an increase of 11%

 The "Iraq Al-Mustaqbal" Foundation for Economic Studies and Consultations announced on Thursday that for the first time, the non-oil revenues of the Iraqi state recorded 11% of the total revenues, with oil revenues falling below the 90% barrier.

A report issued by the institution today stated that non-oil revenues for the first five months of the current year amounted to 6.24 trillion Iraqi dinars, while oil revenues for the same period of the current year amounted to 48.4 trillion Iraqi dinars.

According to the report, tax revenues on income and wealth increased by 118%, while revenues from commodity taxes and production fees increased by 285%.

The institution's report indicated that fee revenues increased by 50%, while oil revenues increased by 6.4%.

The continued reliance of the Iraqi state on oil as the sole source of the general budget is a dangerous matter in the face of global crises that occur from time to time due to the impact of oil on them, which makes the country turn every time to cover the deficit through borrowing from abroad or domestically, which thus indicates the inability to manage the state’s funds effectively, and the inability to find alternative financing solutions.   link

" We’re Almost At The Finish Line " BY REINALDO JC VIA TWITTER, 11 JULY

 Reinaldo JC

Iraq

The 2024 Budget Will Be Returned To The House Of Representatives And Reveal The Reasons.

Bagir Al Saadi, a representative of the Coordination Framework, confirmed today, Thursday, "The 2024 budget tables will be returned to the House of Representatives to make minor amendments to them." 

"The matter will be completed once Parliament begins its work."

 I Believe Iraq Parliament Returns Next Week. Remember The Budget Is Under Appeal With The Federal Court. As I Mentioned On My Post 6/6/24.

In Other Words:

Iraq Parliament House Of Representatives is Awaiting For The Iraq Dinar Rate To Change In Order For Parliament To Make The Necessary Amendments To The 2024 Budget!!! 

That’s Why You Have Not Seen The Budget That Was Supposedly (“Passed”)in June 3rd, Yet Officially Registered In The Gazette

Those Of You Struggling Financially, Hold & Do Not Sell Your Dinars. We’re Almost At The Finish Line 

LFG

7:31 AM · Jul 11, 2024

MILITIAMAN: Iraqi Dinar-IQD Update -Road Map-Bank Merger-Ernst & Young-Massive Impli...

Economic: The ambiguity of the Central Bank's dealings serves the Americans

 Today, Wednesday, economic expert Mustafa Hantoush revealed the existence of ambiguity in the Central Bank's dealings, behind which there are intentions that serve American interests. 

Hantoush said in a statement to the Maalouma Agency, “The absence of weekly bulletins on the distribution of the dollar from the Central Bank has made the process of selling the dollar more ambiguous,” noting that “the ambiguity in the Central Bank’s recent dealings regarding the file of distributing the dollar.” 

He continued, "The confusion in the work of the Central Bank enabled the American side to eliminate Iraqi banking by introducing foreign banks and granting them privileges in the country," pointing out that "80% of the dollar is distributed to foreign banks operating in Iraq in a step called presenting banking work on a platter." Who went to America and foreign banks? 

It is noteworthy that the Central Bank authorized the work of three exchange companies inside airports, neglecting hundreds of companies in a decision that many considered a flop, which resulted in the decision increasing the US exchange rate against the Iraqi dinar to more than 150 thousand dinars . link

Evening News with MarkZ and Dr. Scott Young. 07/11/2024

LATEST FROM BIRDIEORBUST FROM GINGER TELEGRAM ROOM, 11 JULY

 BIRDIEORBUST

💢 Birdieorbust, Liberty Lounger Extraordinaire 💥 adds to the conversation as to what Frank surmised Al Sudani said to the Iraqi People. Remember, Birdie knows her stuff!! She's got family inside Iraq, (just as my other friend does, whom we've shared details from.) 7.11.24 

💢 Birdieorbust: I can tell you one thing Sudani said to them...

"This is not my fault. WE are waiting on the US Treasury." 

💢 Ginger: Remember the Mil Alliance and Celestial Alliance are pacing this out. 

I've told you all along - it matters not what the Guru News Network is saying. We're still waiting for the trigger event(s). When others were calling for notifications "today/tomorrow/this weekend", I told you it wasn't ready yet. I explained there was more to come. 

Watch for it. It's coming. Everything is pointing to the surge of action incoming. Just like the Celestial Alliance explained (Chronicles of an Ambassador Part 6) the domino effect will happen rapidly. Eyes - circumspectly. 

~ Ginger, Ambassador for God's Abundance with the Celestial Alliance ~ 7.11.24