STATUS OF THE RV, PART. 1 MNT GOAT, 13 DEC

STATUS OF THE RV

As we get closer to the end of the currency auctions and switchover to the new international system a the end of the year, like any drastic change in policy there has to be a known solid justification in the minds of the citizens to do it.

 There are many opponents to this switchover and billions of dollars are going to be lost that can no longer be stolen. Of course they are going to fight it. So today we read multiple articles on this subject matter. 

According to my CBI source on my conversation yesterday, this is all part of a news campaign to inform the citizens to justify these very near changes to the currency auction system.

 The CBI needs the support of the citizens. 

The CBI must have a solid backing of the citizens and they must know the truth for the change and know it is a positive change. 

Remember that this money stolen is their money. It is money that can’t be used to rebuild their country and provide the needed services.

😊You might want to take a look at the following articles today from Iraq. Are all these sudden articles coming out now coincidental? Yes why now?  

“GOVERNMENT ADVISOR: TIGHTER CONTROLS ON SUSPICIOUS MONEY TRANSFERS REDUCE EXCHANGE RATE MANIPULATION” and

“PARLIAMENTARY COMMITTEE CRITICIZES DOLLAR SELLING PLATFORM: IT HAS MANY PROBLEMS AND SUSPICIONS OF CORRUPTION” and

“BETWEEN FINANCE PURCHASES AND CENTRAL BANK SALES… DISCLOSING A $10 BILLION DIFFERENCE”

Then in my last Newsletter dated 12/10 remember this article titled “WAYS YOU NEVER THOUGHT OF.. JUDGES REVEAL METHODS OF SMUGGLING HARD CURRENCY”

I  hope you can see why this kind of news is coming out now.

How many times have these crooked politicians and money handlers tried to get rid of Ali Al-Alaq as the director of the CBI. I have lost count already. But we can see why they do not want his policies. 

We can clearly see there are crooked politicians that do not want this change in the currency auctions to occur. They do not want Iraq to progress away from the sanctioned currency mode of the three zero notes. They are making billions off the hardship of the Iraqi economy.

But for Iraq it is time to shake the shackles of the sanctions, which by the way, have been over since December 2022, if you recall. To progress further we know that Iraq must changeover their currency and when they do it part of the process is the revaluation. 

Folks listen to what I am going to say next. Yes, listen VERY carefully. My CBI contact has told me that if the switch over of the currency, better known as the Project to Delete the Zeros, was not connected with a revaluation, then Iraq would have completed it a very long time ago.

 They would not have to wait. It does not take a rocket scientists to see that a one dinar note etc., etc. would be worthless without a revaluation to coincide. Now that we all understand this we can now see why they delay in doing the Project to Delete the Zeros and why these idiot intel gurus lie to you about it. 

How many times have they told you their so called “contacts in Iraq” (or should I say fake contacts in Iraq) have told them the lower denominations were issued. If you use your brain you can see this could not possibly happen with a coinciding revaluation. Yes, at least the in-country revaluation step we are watching for. So let’s get past all these lies.

......https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

JENTEL SHORT: " Its Saturday for the announcement of the rate in the Gazette." @DINARREVALUATION

 

BETWEEN FINANCE PURCHASES AND CENTRAL BANK SALES… DISCLOSING A $10 BILLION DIFFERENCE WITH COMMENTS OF MNT GOAT, 13 DEC

 BETWEEN FINANCE PURCHASES AND CENTRAL BANK SALES… DISCLOSING A $10 BILLION DIFFERENCE

Where did it go?  

A specialist revealed a difference of nearly 10 billion dollars between the Central Bank of Iraq’s sales and the Ministry of Finance’s purchases over the past 11 months.

Financial expert Ali Daadoush pointed out that there is a difference of (10) billion dollars in purchases from the Ministry of Finance compared to sales from the Central Bank of Iraq.

Daadoush said, in an interview with Al-Jabal, that “the Central Bank of Iraq sells the dollar through its window for about 72.385 billion dollars until November 2024, compared to purchases from the Ministry of Finance for about 62.435 billion dollars for the same period, and this means there is a difference of (10) billion dollars,” stressing the need to disclose the money “Where did it go and what is its fate?”

Daadoush explained that “the result is a decrease in the official reserves of the Central Bank, which amounted to nearly 106 billion dollars, according to data from the Central Bank of Iraq.”

He added: “But the important question is what about the year 2025 and the continued reliance on oil revenues under the new US administration and the possibility of intervening in the international oil market in various ways and means. This means that the Iraqi economic and financial situation will be in danger and unknown.”

Earlier, MP Sarwa Abdul Wahid called for the formation of a parliamentary committee to present its results to the House of Representatives regarding the difference in the budget tables, which amounts to 10 billion dollar or 8 trillion dinars.

SANDY INGRAM CC HIGHLIGHTS NOTES, 13 DEC

 SANDY INGRAM CC HIGHLIGHTS NOTES

Summary

Iraq’s imports surged by 158% in Q1 2024 compared to Q1 2023, indicating mixed implications for the IQD and USD exchange rates.

Highlights

• 📈 Iraq’s imports increased by 158% in early 2024.
• 📊 Comparison made to same period in 2023.
• ⚖️ Mixed implications for the IQD and USD.
• 💰 Central Bank of Iraq (CBI) reported the surge.
• 🌍 Economic factors influencing currency rates.
• 🚦 Good and bad news for the Iraqi economy.
• 🔍 Importance of monitoring import-export dynamics.

Key Insights

• 📈  Surging Imports: A 158% increase in imports reflects growing demand for foreign goods, which could affect local production and currency stability.
• 📉 Impact on IQD: Increased imports may lead to a depreciation of the IQD if not matched by export growth, as more currency is required to purchase foreign goods.
• 💵 USD Demand: Higher imports typically increase demand for USD, as many transactions are conducted in this currency, potentially strengthening it against the IQD.
• ⚖️ Balance of Trade: A significant rise in imports without a corresponding increase in exports can worsen Iraq’s trade balance, impacting economic stability.
• 📊 Economic Growth Indicators: While the surge in imports may indicate economic growth, it also raises concerns about dependency on foreign goods, which could hinder local industries.
• 🔍 Monitoring Trends: Investors and analysts must closely monitor import-export trends to anticipate shifts in currency valuation and economic health.
• 🌐 Global Market Influence: Iraq’s import policies and global market conditions play a crucial role in determining exchange rates, making it essential to stay informed on international trade dynamics.

MARKZ: RV Countdown Begins! I feel fairly confident the switch flipped yesterday!!! @DINARREVALUATION

 

AL-SUDANI: IRAQ IS A KEY MEMBER OF THE INTERNATIONAL COALITION WITH COMMENTS OF MNT GOAT, 13 DEC

AL-SUDANI: IRAQ IS A KEY MEMBER OF THE INTERNATIONAL COALITION

Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed Shia Al-Sudani, received today, Tuesday, Commander of the US Central Command, General Michael Kurilla, and his accompanying delegation.

The meeting witnessed discussions on cooperation and coordination between Iraq and the international coalition in combating terrorism and confronting extremism. The Prime Minister stressed that Iraq is a key member of this coalition and is committed to cooperating with the international coalition to confront and monitor terrorist groups in a way that preserves security and stability in the region. In return, Mr. Kurilla stressed the commitment of the international coalition to support Iraq in preserving its security and sovereignty against any terrorist threat.

The meeting also included discussions on the latest developments in Syria and the ongoing repercussions in the region, where Mr. Al-Sudani stressed the importance of respecting the free choices of the Syrian people and Iraq’s readiness to help the Syrians in these circumstances and the transitional phase.

His Excellency pointed out the necessity of preserving Syria’s security, the unity of its territories, the safety of its people, and the ethnic, religious, and social diversity it enjoys, stressing the importance of preventing any attack on any of the components of the Syrian people or its religious sanctities, and that Iraq will follow the course of events and the credibility of actions, not words.

Mr. Al-Sudani reiterated Iraq’s commitment to working with Arab and neighboring countries to help the Syrians and consolidate security and stability in the region.

(Does this sound like Iraq will join BRICS?)

MNT GOAT: I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros..., 13 DEC

 Mnt Goat 

  “THE TURNING POINT: IRAQ’S LEAP INTO THE DIGITAL ECONOMY”  

 This is...a shift towards better financial inclusion... Iraq’s transition to digital payments will unlock a range of economic benefits and  I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros...

and the plan to end the currency auctions of using dollars to electronic transactions by the end of the 2024...in about 3 weeks...  We...look forward to the initiation of the Project to Delete the Zeros, if in fact the CBI does intend to reinstate the dinar back on FOREX... 

Let’s all keep an eye for what happens when Iraq finally makes this huge transition away from using purely cash to all digital.