LATEST FROM MILITIAMAN, 12 AUGUST

 Militia Man 

 People are getting spanked.  They're getting in trouble.  They're shutting things down.  Bank managers are getting banned from working.  If you've been found to be corrupt they're going after you...If you don't play by the rules you're going to have some problems.  The Untied States Treasury has a whole floor of the central bank...International compliance is important.  If you're money laundering...counterfeiting... supporting terrorist, they got your number.

Militia Man 

  Article:  "Urgent: Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformation"  Does Alaq have any control whatsoever over the dollar?   No, not at all.  But what does he have control over?  When he states he's not going to do anything about the dollar he means it because he can't.  But what he does have control to change the exchange rate of the dinar.  He has that control. 

Did Alaq resign?  Answer, no.

Article quote: "Even the measures taken by the government to try to down low dollar prices to 1320 to sell it in a supported manner didn't not reach the elimination of speculation in the markets reducing the price of a dollar in the black market."  It didn't work to kill the black market just yet but I got a strong feeling since the dollar auctions have gone from 250 million a day down to less than 25 million...consistently for over a week...we can see where their priorities lie.. .FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/latest-from-militiaman-10-august.html

SANDY INGRAM : IMPORTANT Significant Updates Development Road Project #iqd #vnd Rates

Ministry of Finance: There is no truth to the delay in salaries this month, 12 AUGUST

 The Ministry of Finance clarified the budget for 2023 on Sunday while denying a lack of liquidity to finance employee salaries.

“In reference to the statements made by Representative Mustafa Al-Karawi on 6-8-2024 regarding the expenditures for the year 2023, which amounted to (145) trillion dinars compared to oil and non-oil revenues (135) trillion dinars, and that the difference was financed from the carryover for the year 2022 to 2023, in addition to borrowing according to the budget law for the year 2023,” the ministry said in a statement. “In addition to borrowing according

She made sense of that “all subsidizing demands got by the Service of Money from all spending units have been carried out,” taking note of that “designations after 12/31/2023 pass toward the finish of the monetary year and can’t be funded by Article (23/A) of the Monetary Organization Regulation, text of Article (No. 6 of 2019).”

She went on to say: Article 2/First – 4-H of the Federal Budget Law for the year 2023 states, “In addition to the fact that the Ministry of Finance took the necessary measures in coordination with the governorates and all funds included in the budget law to record the remaining amounts for investment projects that were not financed and were not disbursed to the trust account, in order to continue disbursing for the following year, amounting to (9.4) trillion dinars.”

She went on to say, “Regarding the MP’s statements about the lack of financial liquidity for the year 2024, the Accounting Department will not be able to finance salaries for the month of July and the following months, we point out that this statement is inaccurate because salaries, with all their names, are among the priorities of the Ministry of Finance, and it finances approximately (7.5) trillion dinars per month for employee compensation, retirement salaries, grants, social welfare salaries, salaries for people with disabilities, student allowances, and salaries for

She added: ” Our ministry has been committed to implementing the program and performance budget for more than two years. It is included in the special programs section alongside current spending and annually in Schedule (E) attached to the Federal Budget Law. This section includes the government program’s name, activity, economic classification, and classification. Implementing the program and performance budget does not mean canceling the item budget (section, material, type, etc.). at all.”

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 12 AUGUST

 Frank26   [Iraq boots-on-the-ground report] 

  FIREFLY: [Bank friend] told me don't worry.  This may look like a disaster with the United States Treasury here but it's a good thing...They are here to help us to the next and final phase of the currency reforms.  Once the issues are fixed then we should see what we all have been waiting for.  It's good.  Trust me. 

  FRANK:   When your bank friend tells you to trust him, trust him...IMO he's absolutely 100% correct.

Frank26   [Iraq boots-on-the-ground report] 

 FIREFLY :Television now showing us articles, they're holding them up saying the HCL has been held up for 19 years as a hostage.  Now it's being presented to the House of Representatives. FRANK:  Your HCL is coming to you don't worry about it...Once you see the HCL you wee the new exchange rate.

 FIREFLY:Alaq has just retired from the CBI as the governor. 

 FRANK: Thank you for your service Alaq. Move over, the US Treasury is here. 

 FIREFLY:  Hours earlier Alaq was on Channel One saying don't believe the rumors and the TV said he was retiring.  Now he does retire.  

FRANK:  The US Treasury is not playing...https://dinarevaluation.blogspot.com/2024/08/latest-from-firefly-11-august.html

🔥 Iraqi Dinar 🔥 HCL New Rate 🔥 Today IQD Value to Dollar RV News Guru Up...

Iraq to build 5 thermal power plants producing 10,000 megawatts, 12 AUGUST

 On Saturday, the Iraqi Ministry of Electricity made it clear that it intends to construct five thermal power plants with a combined capacity of 10,000 megawatts.

The representative for the Iraqi Power Service, Ahmed Musa, explained that the service’s five-year plan centers around the development of warm age power plants, which utilize shut cycle turbines that can work on various sorts of fuel, Shafaq News announced.

The Iraqi authority added that the new power plants are wanted to be implicit different Iraqi governorates.

Musa says that the Iraqi Ministry of Electricity is currently working on new projects that use wind, solar, and waste recycling to expand the country’s energy options.

Musa uncovered last month that Iraq right now creates somewhat more than 27,000 megawatts, while the nation needs 48,000 megawatts to cover homegrown power utilization.

Iraq imports a lot of gas from Iran, but the country has recently invested in a lot of projects to start using flared gas and renewable energy to make electricity.

Iraq cannot generate electricity without importing gas from Iran. Nonetheless, US sanctions forced on Iran make it hard for Baghdad to pay for the Iranian gas.

Every day, Iraq experiences power outages that can last up to ten hours. During the scorching summer, when the temperature exceeds 50 degrees Celsius (122 degrees Fahrenheit), the situation gets even worse.

The Iraqi Pastor of Power, Ziyad Ali Fadel, declared in mid-Walk that an arrangement had been endorsed with Siemens Energy to transform erupted gas into fuel in six months or less.

Fadel affirmed that the understanding is important for the endeavors of the Iraqi government to stop gas erupting and use it to create power.

LATEST FROM MARKZ, 12 AUGUST

  MarkZ  

 [via PDK]  Question:  Is an NDA required for currency?  MarkZ:  We do not know for sure…We continue to be told there won’t be an NDA on currencies-only bonds and zim…but be prepared either way.

MarkZ

   [via PDK]   I did have a number of contacts tell me that my guesstimates on rates on currencies are going to be way under. That rates will be way higher than I was anticipating...I am hearing that from almost every source on almost every currency.

 MarkZ 

   I am hearing a lot of chatter for the weekend from group leaders...I have heard this chatter before so I am cautious...it is coming in conjunction with some great positive things coming from Iraq...I'm still holding hope perhaps over the weekend for an HCL...

 ...quiet on the RV front...All we have is rumors of the HCL is in the Kurdish regions where they made a couple changes and sent it back to the parliament…so it is now with them. We heard parliament has agreed on it and now we are waiting for them to say Boom – it’s done.So in Iraq they seem excited that Alaq is going to gone and the pending pub..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/latest-from-markz-10-august.html