EXCERPTS FROM MNT GOAT: Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement? Just asking, 15 JAN

EXCERPTS FROM MNT GOAT

In this article economic expert “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.” 

Yes, “providing guarantees and international compliance” is all insurance related.  Remember our Pillars of Financial Reform? Well… here they are again.  Investors in Iraq need to know that their funds in Iraqi banks will be protected and not subject to being stolen from corruption or in some cases, as from the past the events, “just disappeared!”.These past events of corruption left a nasty stain on the Iraqi banking system, to which they now have to overcome and are overcoming.

Now here is the real juicy part of the article and I quote “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.” What did it just tell us? A million banks around the world? What does this mean to us as investors?

We know that from reading the White Paper of 2019 that conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement. The article goes on to also say and quote “this step will contribute to raising the status of Iraqi banks globally, “meaning that they will succeed in the process of having a name in international financial transfer operations, and gradually confidence between banks will be strengthened,”

Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement? Just asking

MNT GOAT: The CBI told us That the ATM are an integral part of the Project to Delete the Zeros.!!!

 

British Prime Minister: We will announce with the Sudanese an increase in the volume of exports to 10 times, 15 JAN

 British Prime Minister: We will announce with the Sudanese an increase in the volume of exports to 10 times

Baghdad – Mil

British Prime Minister Keir Starmer said that during his meeting with Prime Minister Mohammed Shia Al-Sudani, on Tuesday, he will announce a 10-fold increase in the volume of trade exchange, and will begin talks with him on the “return of migrants” agreement.

The British government website stated that “British Prime Minister Keir Starmer will host Prime Minister Mohammed Shia Al-Sudani today to hold talks on the return of migrants and announce an export deal,” according to the official Iraqi news agency.

“An export package worth 12.3 billion pounds will be announced during the visit of the Iraqi Prime Minister, which exceeds the volume of trade between the United Kingdom and Iraq by ten times compared to last year,” Starmer said, noting that “this will provide huge opportunities for British companies.”

He added that he would begin “talks with the Sudanese about the return of migrants agreement, and that securing the border is a vital basis for our change plan, so I am pleased to start talks on a dedicated return agreement between our two countries,” adding that “the agreement will contribute to the dismantling of the work of human traffickers by sending a clear message that if you come here illegally, you do not expect to stay.”

Prime Minister Mohammed Shia Al-Sudani arrived in Britain on an official visit that will witness the signing of agreements and memorandums of understanding in various tracks, especially in the economic, investment and security fields, according to a statement from the Sudanese Office.

STATUS OF THE RV , PART. 5 BY MNT GOAT, 15 JAN

 STATUS OF THE RV , PART. 5 

😊In another article titled “CENTRAL BANK RENEWS DIRECTIVE TO SPREAD AND EXPAND FINANCIAL SERVICES AND ATMS” we read that the Central Bank of Iraq renewed, on Sunday, a directive to banks and non-banking financial institutions to spread and expand their financial services in areas that lack the presence of various services for bank card holders. 

Why are these ATMs so important to our investment in the Iraqi dinar? They are important because the CBI told us they are an integral part of the Project to Delete the Zeros. 

Here is an article from the past on this subject matter for all you newbies to my blog:

Rafidain Bank in Dhi Qar confirms that the introduction of ATM depends on the currency

December 10, 2014

Said the director of the Rafidain Bank in Dhi Qar Hussein Abbadi in a televised interview broadcast by the local Nasiriyah that the introduction of ATM in the markets and banks ARE SUBJECT TO THE IMPLEMENTATION OF THE DECISION TO DELETE ZEROS FROM THE IRAQI CURRENCY, pointing out that the Iraqi currency suffers from large inflation at the present time. 

Oh…but they just told us in a recent article that inflation was just a little over 3%, and a VERY acceptable level. So now what? Oh…we remember…!

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

REINALDO JC: "Iraq has nothing else to do & NO choice but to change the Iraq DINAR RATE!!!

 

Al-Mashhadani: Iraq enjoys stability and is about to economic prosperity and returned to its influential role in the region, 15 JAN

 Al-Mashhadani: Iraq enjoys stability and is about to economic prosperity and returned to its influential role in the region

Baghdad / Nina / Speaker of the House of Representatives Mahmoud Al-Mashhadani stressed that Iraq enjoys stability and is about to economic prosperity and has returned to its influential role in the region.

Al-Mashhadani said in a televised interview with Al-Iraqiya TV that there are important laws in need of voting, most of which are not controversial, including (personal status and general amnesty).

He added that there is a mechanism within the draft amnesty law that includes only the exit of innocents and the process of conditional exit and is subject to a series of procedures. He pointed out that the law of the status law is only waiting for the subject of the code to proceed with the vote on it, and this code relates to the Shiite component.

He pointed out that the Sunni component does not need a code and they have no problems in proceeding with law No. 188

He explained that there is a consensus to change the retirement law and return it to 63 years.

Al-Mashhadani said that the Popular Mobilization Retirement Law is one of the important laws, and we are waiting for its return from the government, and the dispute over it is political and related to the retirement age.

He added that no law related to the election law has reached the parliament, and there are different opinions on amending the electoral law, including granting 10 percent to independents, and there are other opinions, including making Iraq one district, and others want the province to be one district, while it is more than one district for the governorates that have a large population.

He explained that talking about the election law is premature and is still in the presidency of the Republic

Al-Mashhadani described the adoption of the Amnesty Law as a fortification of the inner house.

Al-Mashhadani pointed out that coordination among the countries of the region is required on Syria to prevent the obtaining of authority, stressing that communication with the new Syrian leadership should be through the government.

He said that we are afraid of an Islamic spring because of leaving Gaza and not stopping the killing in it, indicating that in Gaza there is a wound that will not be healed except by punishing the deceitting rulers.

He added that the Zionist entity is leading Gaza to a war of extermination. /Ended

https://ninanews.com/Website/News/Details?Key=1179901

EXCERPTS FROM MARKZ, 15 JAN

 EXCERPTS FROM MARKZ

Member:  TNT said it’s definitely on by tomorrow morning.

Member: Mike Bara called it for Tuesday / Wednesday on his show this morning

MZ: I hope they are right. There is a lot of chatter expecting it this week.

Member: I heard Pocket Options is showing the VND and Indonesian Rupiah. (Saw a screenshot.)

MZ: We are seeing the popping up on different aps….IQD and IQD pairings with different crypto pairings….this is big.

Member: I wonder…is it possible for Iraq to rv with Sudani out of the country right now? He is on a state visit to the UK

MZ: Yes Sudani is heading to England today for some dialog. They are discussing going International.

MZ: Still hearing a lot of hope from the bond side who expect things to move between now and the next 8-10-days.

​​Member: Here we go….. I went to my bank today. I asked if they exchange currency. They replied yes. I asked if they exchange Iraqi Dinar they said yes we do.