DINAR REVALUATION

Friday, September 27, 2024

DINARLAND HIGHLIGTS!! @DINARREVALUATION

Parliamentary Finance: We agreed with the regional government to review its oil contracts with international companies and adapt them constitutionally, 27 SEPT

Fourth – Baghdad

The Finance Committee announced, today, Thursday, an important agreement with the Kurdistan Regional Government of Iraq regarding reviewing its oil contracts with international companies and adapting them constitutionally.

The office of the head of the committee, Atwan Al-Atwani, stated in a statement received by (Al-Rabia), that “the committee delegation currently visiting Erbil held an expanded technical meeting with representatives of the Kurdistan Regional Government in the building of the Council of Ministers of the region, to discuss resolving the outstanding issues between Baghdad and Erbil.”

The head of the parliamentary delegation, Atwan Al-Atwani, said, “The meeting reviewed the oil files, financial revenues, automation of border crossings, unification of customs tariffs, and localization of employees’ salaries.”

https://www.faceiraq.org/article/199257/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-

ABOUT THE SO MANY ARTICLES TALKING ABOUT DELETE THE ZEROS FROM THE IRAQI DINAR THIS WEEK WOW BY MNT GOAT, 27 SEPT

Mnt Goat

...we have been told many times that the Project to Delete the Zeros is not just a common project to redenominate but for Iraq it is also a steppingstone as part of the process to the reinstatement.

This is the reason why I am so captivated on what just happened these last few days...We witnessed another onslaught of articles about the Project to Delete the Zeros once again...

the news media reports what is going on in Iraq so someone, something must have reignited the spark for the Project to Delete the Zeros...Yes, it was the CBI and when the CBI talks, I listen...the CBI sets monetary policy.

DINARLAND UPDATE!! WOW IRAQ WILL RV OON !! @DINARREVALUATION

Thursday, September 26, 2024

Parliamentary Finance: We have developed a map to resolve the differences between Baghdad and Kurdistan regarding oil exports, 27 SEPT

Parliamentary Finance: We have developed a map to resolve the differences between Baghdad and Kurdistan regarding oil exports

Baghdad-Mil

The Finance Committee announced, today, Thursday, an agreement with the Kurdistan Regional Government of Iraq regarding reviewing its oil contracts with international companies .

The head of the committee, Atwan Al-Atwani, said in a statement received by “Mil”, “The committee delegation, which is currently visiting Erbil, held an expanded technical meeting with representatives of the Kurdistan Regional Government in the building of the Council of Ministers of the region, to discuss resolving the outstanding issues between Baghdad and Erbil .”

Al-Atwani added, “The meeting reviewed the oil files, financial revenues, automation of border crossings, unification of customs tariffs, and localization of employees’ salaries .”

He explained: “We have developed a roadmap to resolve the points of contention between the central government and the regional government regarding the oil export file .”

He pointed out that “the attendees reached an initial agreement with the regional government to conduct a comprehensive review of the oil contracts to adapt them to the Iraqi constitution, in preparation for resolving the problem of the halt in the region’s oil exports .”

Al-Atwani added, “The agreement stipulates that the central government and the regional government enter as a unified party in negotiations with international oil companies operating in the region with the aim of amending their contracts from production partnership to profit-sharing, in addition to reviewing the economic and commercial terms .”

He stressed that “the parliamentary finance committee is working to establish a sound basis for negotiations on resolving the pending issues, in order to resolve the oil export file during this year and eliminate the differences with the region,” stressing that “the committee will meet, upon its return to Baghdad, with the federal oil ministry, in order to discuss the controversial issues and push towards resolving them under the umbrella of the constitution .”

He explained that “the meeting reviewed, in numbers, the steps for implementing the file of localizing the salaries of the region’s employees, where the necessity of adhering to the decisions of the Federal Court was emphasized, and the file of border crossings, customs, and taxes was discussed, as well as ways to include their revenues in the country’s general budget, and the extent of the region’s government’s commitment to sending these funds to the federal government .”

https://www.faceiraq.org/article/199257/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%A7%D8%AA%D9%81%D9%82%D9%86%D8%A7-%D9%85%D8%B9-%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D8%A8%D8%B4%D8%A3%D9%86-%D9%85%D8%B1%D8%A7%D8%AC%D8%B9%D8%A9-%D8%AA%D8%B9%D8%A7%D9%82%D8%AF%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D9%86%D9%81%D8%B7%D9%8A%D8%A9-%D9%85%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%88%D8%AA%D9%83%D9%8A%D9%8A%D9%81%D9%87%D8%A7-%D8%AF%D8%B3%D8%AA%D9%88%D8%B1%D9%8A%D8%A7

RV UPDATE: " THEY ARE ONCE AGAIN STARTING TO SEE RATES THAT ARE CLOSE TO WHAT WE EXPECT" BY MARKZ, 27 SEPT

MarkZ

[via PDK]

Question: Can you talk about the rate changes bankers were seeing...?

MarkZ: Most of what my bankers saw... they think is a little low. Could be a place holder rate or a test rate or in-country rate…but they are once again starting to see rates that are close to what we expect.

MarkZ

[via PDK]

..."Treasury supports CBI of Iraq” I think this is important. The US Treasury is supporting the Central Bank of Iraq.

Why is this important?

Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job…Troops are getting moved out…and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet.

“Iraq reviews the US Treasury the date of abandoning the currency auction” this is so important. I was told Oct 1st - no more foreign currency auctions. This is the one thing I was told to look for –When they are done with foreign currency auctions…they would revalue. And this news just came out [Tuesday] that they are ending them.

The chatter coming out of the banking side has been pretty severe today - in a good way. They say rates are being seen…but I haven’t confirmed them …But I am hearing this from 3-4 different sources that work at different banking institutions…and they all agree on the rate of $3.57 on the screens...It’s certainly interesting this is being seen by so many …and the same rate...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/09/357-is-rate-of-iraqi-dinar-on-screens.htmlhttps://dinarevaluation.blogspot.com/2024/09/357-is-rate-of-iraqi-dinar-on-screens.html