Thursday, August 15, 2024
ANALYSIS OF IRAQ NEWS: Parliamentary Finance Committee discusses with US Embassy the financial and banking system and the lack of dollars in the market BY DINAR REVALUATION , 15 AUGUST
Parliamentary Finance Committee discusses with US Embassy the financial and banking system and the lack of dollars in the market
The Parliamentary Finance Committee confirmed, today, Tuesday, discussing the financial and banking system and the lack of the dollar in the Iraqi market with a delegation from the US Embassy in Baghdad.
A statement by the Parliament's media department received by / Today's News / stated that "the head of the Parliamentary Finance Committee, Atwan Al-Atwani, received at the committee headquarters, in the presence of Representative Khalil Al-Dawski, today, Wednesday, a delegation from the US Embassy in Baghdad, Minister Counselor for Economic and Trade Affairs Julie Jules, Deputy Counselor for Economic and Trade Affairs Angel Fintling, Macroeconomic Officer, Economic and Financial Section Michael Pinnell, and Economic Assistant/Economic Section, to discuss the financial and banking system in the country, Ammar Al-Ammar."
The statement continued, "The meeting discussed the financial and economic situation in the country and the repercussions of the parallel market issue and its negative impact on the government economically, in addition to the lack of the dollar currency in the market, and the sanctions imposed on some banks, as well as the issue of the electronic platform for exporting the currency."
The head of the committee stressed "the importance of high coordination between the two sides in order to solve the pending financial problems, in addition to the importance of transparent dealing to benefit from the capabilities, and not resorting to dealing in another currency," noting "the need to create an atmosphere of understanding and invest in building bilateral relations on this basis.
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Al-Atwani stressed "the committee's keenness to commit to combating financial corruption and confronting money laundering, as they are the basis for building societies, in addition to coordination in order to make correct decisions in this regard."
For her part, the Minister Advisor for Economic and Trade Affairs said that "there is a real opportunity for cooperation and reform of the economic and financial system between the two sides," stressing "working together to find appropriate solutions to all problems for the stability of Iraq as a basic ally of the United States."
The statement noted "providing clarification on the three-year general budget and plans for banking regulation and reform of the spending process, and how to finance projects, in addition to the importance of supporting the private sector and involving it with the public sector, which confirms the importance of investing the revenues achieved and the possibility of providing the service."
According to the statement, Al-Atwani pointed out the "ambition to legislate a law on partnership between the public and private sectors and involve the private sector in the market, in addition to working to amend the tax law and shift from the paper system to the electronic system."
link
ANALYSIS
LATEST FROM GINGER, 15 AUGUST
GINGER
💢 Happy News!! Only worked one hour earlier and got most of the workday approved VTO. Been a productive catch all day, getting things done and even spent time with Mr Ginger. Please pray with me that the last hour and a half gets cleared, too? (My 8 - 930 PM) It's been nice having a bit of time to focus on other stuff at home. 🏡💓🏡💓🏡 Love you GLL family
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Getting some positive news from Triple Cabin Extravaganza Happy Campers - just waiting until there's something solid to tell you other than, "We're waiting". There's no bad news whatsoever - so at least that's a plus. You know me -- tryna vet it before I tell it. 😉☺️
Maintain that circumspect focus, friends. Look at all avenues and then you won't get blindsided when what "they" said doesn't happen when "they" said it would.
~ Gin Gin 8.13.24
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GINGER
Freedom Prevails, Liberty Lounger Extraordinaire
💥 Here are screenshots of the CBI website ... this IS SO EXCITING ...I can't translate the PDF exactly, but it has to be the instruction on currency exchange!!!!! I can feel the sand between my toes already and the sun shining on my face .... LET'S GO!!!! 🔥❤️🔥
💢 Goldilocks confirmed this has to do with Foreign Exchange Service Providers Working Procedures 😁
8.13.24
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Coffee with MarkZ. 08/15/2024
ANALYSIS OF IRAQ NEWS: With an increase in recent months.. Iraq's internal debt exceeds 78 trillion dinars - Urgent BY DINAR REVALUATION, 15 AUGUST
With an increase in recent months.. Iraq's internal debt exceeds 78 trillion dinars - Urgent
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Wednesday, that Iraq's internal debt exceeds 78 trillion dinars, with an increase in recent months.
Saleh said in a statement to (Al-Rabia) that "Iraq's move towards borrowing from the domestic banking market to finance two waves of the general budget deficit came under the influence of the decline in the oil assets cycle and in two different periods during the current decade. The first wave of borrowing, which amounted to nearly 27 trillion dinars, was financed by the government banking system through purchasing treasury transfers during the intensification of the security crisis (the entry of the terrorist ISIS) between the years 2014-2017."
He added that "the International Monetary Fund estimated at that time the current account deficit gap of the balance of payments due to the decline in oil prices to be no less than 18 billion dollars cumulatively during those years, and the second wave occurred between the years 2020 and 2021, that is, during the health crisis with the spread of Corona and the closure of the global economy, which was accompanied by a decline in oil prices and a decline in budget revenues and the loss of more than 40% of the value of the oil barrel
While the legislation of the general budget law for the fiscal year 2020 was absent and was replaced by three legislations to finance the deficit, two of which were for direct domestic borrowing and two separate laws issued by the House of Representatives, that by heading towards the domestic borrowing market and the other is the Food Security and Development Law, and an important aspect of it was based on domestic borrowing as well, which raised the level of domestic debt to exceed the barrier of 78 trillion dinars." link
ANALYSIS
Iraq's internal debt has indeed risen sharply, surpassing 78 trillion dinars recently. This increase is largely due to two significant periods of economic strain.
2014-2017: During this time, Iraq faced severe financial pressure due to the rise of ISIS and a drop in oil prices. The government borrowed approximately 27 trillion dinars from domestic banks to cover the deficit caused by these challenges.
2020-2021: The COVID-19 pandemic further exacerbated economic difficulties, with falling oil prices and decreased budget revenues. During this period, Iraq enacted several laws, including the Food Security and Development Law, which relied heavily on domestic borrowing. This pushed the total internal debt above 78 trillion dinars.
These borrowing waves were necessary due to reduced oil revenues, which are crucial for Iraq’s economy, and the need to finance the budget deficits arising from various crises.
LATEST FROM WOLVERINE, 15 AUGUST
WOLVERINE
- Wed. 14 Aug. Wolverine: “Things are happening that are confidential and I cannot discuss, but I hope to have absolutely great news for you tomorrow.”
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- Mon. 12 Aug. 2024 Wolverine
- “My friends this is the week of miracles as the Precatorias are now very close to be release now and we should have more miracles from other platforms as well. I’m still a firm believer that this week the opera will be release. God bless you all.” Wolverine
WOLVERINE
WOLVERINE LIVE CHAT 9/8/2024:
That's all! It's all started! I was on a Zoom call a few hours ago at about 4am. This came in Reno: There was a meeting in Reno, a big meeting, and they discovered that many Dinars and Zim, Precatorios and other bonds were fraudulent. There is a lot of fraud. They also discovered that some of these bonds were used in terrorism. They have to check everything, many bad apples on this trip, they have all been caught. I said this before: be careful who you buy bonds from. If you buy on EBAY, it is a risk you are taking. He doesn't know if those bonds are registered or under contract. They are not authenticated. An expert has to review them at the exchange center to authenticate them. And they may say, "Sorry, your bonuses aren't real, they're worthless." There are drug brokers selling bonds for $60, for example, but they are not authenticated. So if you go to EBAY and buy Yellow Dragon bonds for 12 dollars, thinking you saved money.
When you go to the redemption center and have loose bonds, Yellow Dragons, German bonds, etc., loose bonds, NOT boxes, they will go through the expert process to be authenticated. If they are not real, they will reject you. I have always been honest with you about purchasing through the correct channels.
We have experts with our Yellow Dragon Bonuses. We have attorneys, and all bonds have been authenticated, placed under contract, registered and everything is ready to go. The boxes are all sealed. Our whale can't open them. This happens to most whales, as all the boxes are sealed and cannot be opened.
However, this is good news as we know they are making things safe and taking care of us. They are authenticating the bonds and making sure there are good people on this journey. Also, at 3 pm Brazil time, what I have been told by several sources in Brazil, is that Tier4B was released – the notifications were released. If that's true, that will create a ripple effect from Reno and other platforms.
It is from two platforms in Brazil, which are San Paolo and Brasilia.
People have received notifications of bondholders ready to go to Reno. One person, a large bondholder, a very good friend of mine and this person, has millions of boxes... That person was notified. They are flying to Reno tomorrow and I was elated for that person.
Another person who lives here in Australia was notified that they will have to fly to Brazil to prepare the Medbeds. Medbeds are ready! Medbeds are real!
So everything is ready for this month: the month of August is the month of our blessing. Everything comes from.
I received another call from a platform, elated, shouting Hallelujah – They received the call that on August 15 their funds will be released.
Precatoria – it is taking a little longer. All funds will go to QFS accounts. They are waiting to get the green light.
I was on a Zoom call with my platform a few minutes ago, which came to me via audio of Skye saying that you will receive a Q phone when you go to your Medbeds, and also a replicator, but these are people who have humanitarian projects. That's great!
If there are no projects, you will receive them later.
A replicator is like a microwave that does everything. I'm sure you've seen the videos. They are huge and you will probably have to install them in your house.
Things are definitely happening.
Furthermore, I have been in contact with the next politician of my country in Chile. He has a huge humanitarian project: a railway system from Chile to Brazil that costs billions of dollars and he will be able to do it, and he has people designated to do it and he has shown me the map. He is a good Christian and conservative. He is no longer a politician because it is a corrupt system.
TRANSLATION IN SPANISH
CHAT EN VIVO DE WOLVERINE 8/9/2024:
¡Eso es todo! ¡Todo ha comenzado! Estuve en una llamada de Zoom hace unas horas aproximadamente a las 4 a.m. Esto llegó en Reno: Hubo una reunión en Reno, una gran reunión, y descubrieron que muchos bonos Dinars y Zim, Precatorios y otros eran fraudulentos. Hay mucho fraude. También descubrieron que algunos de estos bonos se usaron en terrorismo. Tienen que verificar todo, muchas manzanas podridas en este viaje, todas han sido atrapadas. Dije esto antes: tenga cuidado a quién le compra bonos. Si compra en EBAY, es un riesgo que está tomando. No sabe si esos bonos están registrados o bajo contrato. No están autenticados. Un experto tiene que revisarlos en el centro de canje para autenticarlos. Y pueden decir: "Lo siento, sus bonos no son auténticos, no valen nada". Hay corredores drogadictos que venden bonos por 60 dólares, por ejemplo, pero no están autenticados. Entonces, si vas a EBAY y compras bonos Yellow Dragon por 12 dólares, pensando que ahorraste dinero.
Cuando vas al centro de canje y tienes bonos sueltos, Yellow Dragons, bonos alemanes, etc., bonos sueltos, NO cajas, pasarán por el proceso de expertos para ser autenticados. Si no son reales, te rechazarán. Siempre he sido honesto contigo sobre comprar a través de los canales correctos.
Tenemos expertos con nuestros Bonos Yellow Dragon. Tenemos abogados, y todos los bonos han sido autenticados, colocados bajo contrato, registrados y todo está listo para funcionar. Las cajas están todas selladas. Nuestra ballena no puede abrirlas. Esto le sucede a la mayoría de las ballenas, ya que todas las cajas están selladas y no se pueden abrir.
Sin embargo, estas son buenas noticias, ya que sabemos que están haciendo que las cosas sean seguras y cuidando de nosotros. Están autenticando los bonos y asegurándose de que haya buenas personas en este viaje. Además, a las 3 pm hora de Brasil, lo que me han dicho varias fuentes en Brasil, es que Tier4B fue liberado – se liberaron las notificaciones. Si eso es verdad, eso creará un efecto dominó desde Reno y otras plataformas.
Es de dos plataformas en Brasil, que son San Paolo y Brasilia.
La gente ha recibido notificaciones de tenedores de bonos listos para ir a Reno. Una persona, un gran tenedor de bonos, un muy buen amigo mío y esta persona, tiene millones de cajas… Esa persona fue notificada. Mañana volarán a Reno mañana y yo estaba eufórico por esa persona.
Otra persona que vive aquí en Australia recibió la notificación de que tendrá que volar a Brasil para preparar los Medbeds. ¡Los Medbeds están listos! ¡Los Medbeds son reales!
Así que todo está listo para este mes: el mes de agosto es el mes de nuestra bendición. Todo viene de.
Recibí otra llamada de una plataforma, eufórico, gritando Aleluya – Recibieron la llamada de que el 15 de agosto sus fondos serán liberados.
Precatorios – está tardando un poco más. Todos los fondos se destinarán a cuentas QFS. Están esperando obtener luz verde.
Estuve en una llamada de Zoom con mi plataforma hace unos minutos, lo que me llegó por el audio de Skye diciendo que recibirás un teléfono Q cuando vayas a tus Medbeds, y también un replicador, pero estas son personas que tienen proyectos humanitarios. ¡Eso es genial!
Si no hay ningún proyecto, los recibirás más adelante.
Un replicador es como un microondas que lo hace todo. Estoy seguro de que has visto los videos. Son enormes y probablemente tengas que instalarlos en tu casa.
Definitivamente están sucediendo cosas.
Además, he estado en contacto con el próximo político de mi país en Chile. Tiene un enorme proyecto humanitario: un sistema ferroviario de Chile a Brasil que cuesta miles de millones de dólares y podrá hacerlo, y tiene gente designada para hacerlo y me ha mostrado el mapa. Es un buen cristiano y conservador. Ya no es un político porque es un sistema corrupto.
https://dinarevaluation.blogspot.com/2024/08/wolverine-live-chat-english-spanish-10.html