SUMMARY OF RECENT POSTS OF FRANK26, 18 AUGUST

  Frank26  

Question: "How long do you think the US Treasury will be in Iraq?  Are they staying to see the finish?" 

 IMO yes.

  Question: "As far as the training videos, are there any more subjects remaining with the RI and monetary reform that the Iraqi have not seen?" 

  Yes.  Right now they're teaching them about the float.  They hadn't seen that up until two days ago.

 CBI document released [Sunday] This is good.  What is the reason why we don't have the monetary reform? 

 Because of the corruption.  Because of the profiteering from the bad parliament political people.   

You know where they are from. 

 What has Sudani done? 

 He took....FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/q-with-frank26-18-august.html

 Frank26  

 Sudani is working with the United States Treasury.  IMO the Untied States Treasury is sitting in the seat of the governor of the CBI where Alaq normally sits... I find this to be a catalyst to see the Untied States Treasury there.  I'm very excited about what's going on...

Frank26  

The United States Treasury, Federal Reserve, they showed up...What do you think that means?  You think they're going to sit there and allow them to be lackadaisical, to be lazy, just to take your time? No.  The Untied States of America works on a nano second...I find it very encouraging to speed up the monetary reform process.

  Who is the new CBI governor?  It is the US Treasury IMO that is now the governor of the CBI. 

 Why?  What is the governor of the CBI? 

 Just a figurehead.  

Does he make any decisions?  No.  Does he have any authority?  No.  Does he ..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/rv-update-by-frank26-13-august.html

Iraq's Financial Future: What New Currency Notes Could Mean for the Dinar

"THE CBI PREPARES FOR THE MONETARY REFORM & THE FLOAT" BY FRANK26, 18 AUGUST

 KTFA

FRANK26: "THE CBI PREPARES FOR THE MONETARY REFORM & THE FLOAT".........F26 

The Central Bank sponsors a meeting to establish a national company to manage electronic payment systems in Iraq

 

August 14, 2024

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired the first preparatory meeting to establish a national company to manage central electronic payment systems in Iraq, with the participation of a number of bank officials, bank managers, electronic payment service providers, and the Iraqi Private Banks Association.
During the meeting, the importance of regulating electronic payment operations, keeping pace with rapid technological developments, and creating competitive payments that provide secure, reliable, easy-to-access, and widely interoperable payment services, as well as rapid response and high flexibility to technical and regulatory changes, were discussed.

The meeting reviewed the company's main objectives and the special requirements for starting the establishment, as it will undertake the tasks of managing, operating, and developing some of the central and basic electronic payment systems at the national level.
This step came in line with the strategic plan of this bank, which goes hand in hand with the government program in the field of electronic payment and its development in Iraq.

 

Central Bank of Iraq 
Media Office 
August 14, 2024


 

https://cbi.iq/news/view/2639

TIDBITS OF MARKZ, 18 AUGUST

 MARKZ

MZ: I spoke to one in Reno who is involved with a large group there and they have not been activated and told to come in yet. 

MZ: I am not saying it hasn’t started…I believe the overall process has started. Maybe just not getting to the redemption part yet-even for the whales. 

MZ: Have I heard that they are hopeful they can do it before the first part of the week- yes I have heard that. . 

Member: Are call centers to schedule appointments different than redemption centers? If yes, could be why they are not “scheduled” to work this weekend.

----

Member: Tuesday is when many are saying it will finally go through

MZ: yes – a lot of the pundits say this….and I am getting the same from top bond contacts , group leaders –you name it. It certainly makes me feel a little excited….but going to stay grounded. 

Member: Chief Fast Horse was on yesterday and indicates RV will go on 18th or 19th

MZ: There are still great expectations from everyone....and I know some people who are heading to their locations on Monday for preparations….So I am hoping Tuesday actually means something. Bond contacts are excited and are hoping this is it. 

https://dinarevaluation.blogspot.com/2024/08/weekend-news-with-markz-08172024.html

Iraq's Financial Future: What New Currency Notes Could Mean for the Dinar

WFP: Iraq Moving On A Positive Path Due To Security Stability, 18 AUGUST

 The World Food Programme (WFP) praised the situation in Iraq, noting that it is moving on a "positive path" as a result of security improvements and stability, while explaining that its role in Iraq is shifting from emergency response to building resilience and long-term sustainable development.

The Relief Web website reported a WFP brief on Iraq, stating that "recent improvements in the security environment and political stability have created opportunities for Iraq to move on a positive path. However, the harmful effects of climate change are affecting agricultural productivity, with increased salinity, desertification, reduced water flow in the Tigris and Euphrates rivers, and reduced rainfall, which has led to the loss of 12 million hectares of arable land, significantly impacting agricultural production."

The brief noted that "the repercussions of the climate change crisis have disproportionately affected the most vulnerable communities, and in a strategic move, WFP in Iraq is shifting its role from emergency response to building resilience and long-term sustainable development," indicating that "this shift is particularly important given Iraq's vulnerability to climate change, which is particularly evident in the southern region of the country."

He added, "The World Food Programme is working to align the targeting of beneficiaries through the National Bridges Programme for Skills Development and Youth Economic Empowerment, climate-friendly agricultural practices activities, and strengthening the safety net of the national social protection system to ensure alignment with strategic objectives and expand outreach to areas that previously suffered from a lack of services."  https://www.radionawa.com/all-detail.aspx?jimare=39189

LATEST BY BRUCE, 18 AUGUST

  Bruce   

[via WiserNow]  

 When do we get notified? 

The latest information has been all over the place...but I can tell you the latest information that I believe is reliable is saying we will receive notifications sometime Tuesday...That would be the 20th...

And that would be great. Then we probably will be setting our appointments, more than likely, for Wednesday, with some possibility of Tuesday afternoon...

 INTEL ONLY

***WHERE ARE WE NOW???***

Gem Finch, [16/08/2024 12:29 PM]

First R&R  - new information today the money from BC and Divorce Decree or Death Certificate parent’s spouse there were four areas traded as bonds.  The other thing is interest we paid on mortgages and bank loans for cars or whatever?  And for some of the older folks so older people will get a pretty big chunk – now for those in the currencies and Zim and those with Zim  - we will get our R&R put into our QFS accounts.   They should tell us that and how much it’s going to be before the total from the exchanges are added.   When it comes to the QFS  - so the Quantum Card thicker than a CC and has three chips  but we never carry that around with us and we only use it to move funds into your primary and secondary accounts, from the QFS account.    You can move to three different banks.   You don’t use it for anything else  - it’s not a CC /Debit card and you don’t ever want to lose it.

Access to the QFS we will get the R&R into that account and know what that is before the other funds are added.  Now here is the other thing to access the QFS they’ll use a biometric finger or thumb print and username and password all of which have to be written down and all other passwords at that exchange.   And a five digit  ID number and a new email address all you have to add to access your QFS accounts.   So this is backed by the New UST  - Bruce is saying gmail is a safe email.

We know when the R&R is happening for us  - but for non-exchanges because this goes to anyone 28 years and older and the green card holders you need to have had your card for 18 month minimum.  Say you're 55 or younger – but this will be deposited directly into your bank account.   They know what your bank account is because of the Ssecurity you had to use  and this all starts on Monday 19th August and could take up to 7 days to show up and you’ll know when you have a deposit  - email/phone call or online notification.  And for the older folks its substantial – but for the younger ones under 35 that says you won’...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/where-are-we-now-intel-only-by-gem.html