DINAR REVALUATION

Wednesday, October 2, 2024

The Ministry of Justice announced today, Tuesday, that the Kadhimiya Implementation Directorate has been included in the service of opening executive files through the Ur platform for government services, where citizens will be able to benefit from the services provided by the directorate via their phones or personal computers without attending and reviewing in the field, as the ministry stated in its statement that the Director General of the Implementation Department, Rasti Youssef Hamid,

met during a tour he conducted in the directorate with a number of citizens and listened to their demands and comments, and the Director General of Implementation said that “the steps to open the file are summarized by filling in the fields with personal information and attaching the ruling decision and choosing the type of service in addition to uploading the documents required to complete the request, as the window provides the possibility of inquiring about services in the frequently asked questions field.”

“Cooperation is ongoing with the Judicial Planning Department and the National Data Center of the General Secretariat of the Council of Ministers in order to expand the electronic database and include all remaining directorates in succession within this project, which the department considers to be the cornerstone in its quest for digital transformation,” the Director General stated.

THE CURRENCY AUCTIONS WIL STOP AFTER THE END OF THE YEAR BY MR. SAMMY IRAQI BANK INTEL, 3 OCT

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:There's a lot of good information coming out soon but won't be nothing about the rate yet. Mr. Sammy [Iraqi bank manager friend] still thinks it will be right after the end of the year when they stop the auctions.

FIREFLY: There are TV commercials advertising that the Kuwait dinar is at $3.58. They are talking about our new border agreement with Kuwait. The fact they bring up this rate tells me they want to talk about our new rate against it.

FRANK: They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate. There will be a change coming.

EXCERPTS FROM MARKZ : "IM EXPECTING MOVEMENT ON THE BOND SIDE" , 2 OCT

EXCERPTS FROM MARKZ

MZ: Lots of expectations today on the bond side. Most of that will start occurring around 2 or 3 this afternoon….is what I am hearing. Another contact on the other side of the ocean has an appointment at 7:00 tonight.

MZ: The things I could not share yesterday because I did not have permission to share….we will know if true this afternoon. Meaning Did they or did they not get paid? We should know conclusively by this evening.

MZ: I am expecting movement on the bond side which will tell us we are extremely close.

" I BELIEVE THIS PROJECT IS GOING TO MOVE FORWARD THIS FALL" BY MNT GOAT...

Completing the procedures for raising retirees’ salaries, 2 OCT

The National Retirement Authority made the announcement on Tuesday that the procedures for increasing the salaries of retirees for the month of October had been completed.

“Completing the procedures and gradually raising the salaries of retirees for the month of October, with the follow-up of the Minister of Finance and the Chairman of the National Retirement Authority, and in cooperation with the Accounting Department in the Ministry of Finance,” the Authority stated in a statement received by.

“Review the disbursement outlets to receive their retirement salaries and entitlements,” the Authority advised retirees who receive text messages.

Coffee with MarkZ.10/01/2024

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Welcome to October

Member: God Bless YOU all for hanging on even if it’s by a thread. Praying for everyone to get through this difficult period. Praying it gets better for all of sooner rather than later. It’s been exhausting

Member: Well it’s Tuesday Oct 1….the big day when lots of things are supposed to happen. Guess we wait and see if it does?

Member: So if bond holders get paid today – I wonder what are we looking at for next steps or timing?

Member: Mark said before – we should be a few days after that….

MZ: I am expecting movement on the bond side which will tell us we are extremely close.

Member: I wonder what is happening with the banks in regards to Basil 3?

MZ: I heard some banks are complying and some are refusing .

MZ: Some good solid stuff out of Iraq: “ The Sudanese advisor clarifies Have electronic payment procedures contributed to persevering the sobriety of the dinar?” Yes they have. And they dive into it in this article. They announced they have succeeded in restoring the citizen’s confidence in the dinar.

Member: I heard Iraq is having meetings today. Around 4:15 there time. To delete zeros? Hope its true

Member: A lot are posting on X about the 4:15 meeting on foreign exchange rates at the US Fed.

MZ: This is a regular quarterly meeting that discuss foreign exchange rates. So yes that happens at 4:15 today.

Member: Mike Bara said Sudani and Maliki to be arrested if they don't Rv today?

Member: Dow is dropping like a rock this morning.

Member: Mark? Sometimes I wish I had just the right words to convince my wife our blessing is real...It is, right? Big sigh!

Member: I am sure at least Iraq will revalue sometime…to at least 1 to 1…..but as for the rest of the world……at this point not sure.

Member: The more horrible things happen in the world the harder it is to believe in white hats or good guys……where are they?

Member: Even the bad guys need money….So we should see something happen soon.

Member: I know it’s always darkest before the dawn….but our dawn is way overdue.

Member: As bad as it is, we’ve been told it was going to get worse before it got better.

Member: Pray we hear something good RV-wise by tonight. So many people need help right now.

Member: Acapulco Mexico was decimated a few days ago by storm also.

Member: There are 9 storms out there developing now

Member: I feel so bad for the Hurricane people. Many, many prayers to all of them.

There is a lot of news about the Port strikes and Hurricane and storm damage today. Please listen to the replay for all of that information