We all know there's a component of that tripartite budget that hasn't been exposed which is I believe the exchange rate of their new real effective exchange rate...
Kurdistan region...hasn't been up front with all their non-oil revenues.
You got to pay attention because the non-oil revenue streams are going to be more than their oil..
.or at least similar...
Iraq has done all the things that they need to have compliance with all the obligations for Article VIII and Article IV with the IMF. If you guys look that up and Google those...you're going to find out they're about currency, they're about trade...
Iraq moves towards globalization.. Implementation of international accounting standards begins in 2026
The former director of the Financial Supervision Bureau, Salah Nouri, revealed the steps taken by Iraq to move to fully implement international accounting standards by 2026.
Nouri said in a statement to {Euphrates News} that: "The unified accounting system, which was adopted in the mid-eighties, was appropriate for the economic situation at the time; but it led to Iraq's delay in keeping pace with international standards."
He added, "The Accounting and Auditing Standards Board adopted 14 accounting rules according to international standards until 2016; but that was not enough to keep pace with global developments. In 2017, the board made a bold decision to adopt all international accounting standards, with the aim of enhancing financial transparency and attracting foreign investments, especially in the oil and banking sectors." Nouri pointed out that "the committee tasked with preparing the new unified accounting system completed its work in 2019, and the implementation of international standards was announced in 2021, but the Corona pandemic postponed this implementation."
He stressed that "the year 2026 will witness the final implementation of these standards, which will make the Iraqi accounting environment consistent with the requirements of global financial markets." “This step will encourage foreign companies to invest in Iraq and will provide transparent financial data that will help in making sound investment decisions,” Nouri concluded.
International accounting standards are a common language for companies around the world, making it easier for investors to understand companies’ financial statements and make informed investment decisions.
This step comes as part of Iraq’s efforts to enhance financial transparency and attract foreign investment, especially in light of the economic challenges facing the country. link
As we approach the precipice of a new era, the time to act is now. GCR/RV is no longer a distant theory; It is happening before our eyes. Momentum is building, notifications are being sent, and the financial landscape is changing.
For those who quickly accept this new reality, the rewards can be immense. The appreciation of currencies such as the Zimbabwe dollar, Iraqi dinar and Vietnamese dong offers unprecedented opportunities for wealth creation.
The rise of the QFS promises a fairer and more transparent financial system, and the implementation of NESARA GESARA could usher in an era of global philanthropy and humanitarianism.
But this is not a day for the faint of heart. It requires vision, preparation and a willingness to break the boundaries of conventional thinking. The information war has begun, and only those who are informed and proactive will prosper in the coming Golden Age.
So the question remains: Will you accept the challenge or back down?
The choice is yours.
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REDEMPTION NEWS
Ahora es el momento: prepárate para el reinicio global
A medida que nos acercamos al precipicio de una nueva era, el momento de actuar es ahora. GCR/RV ya no es una teoría lejana; Está sucediendo ante nuestros ojos. Se está generando impulso, se están enviando notificaciones y el panorama financiero está cambiando.
Para aquellos que acepten rápidamente esta nueva realidad, las recompensas pueden ser inmensas. La apreciación de monedas como el dólar zimbabuense, el dinar iraquí y el dong vietnamita ofrece oportunidades sin precedentes para la creación de riqueza.
El surgimiento del QFS promete un sistema financiero más justo y transparente, y la implementación de NESARA GESARA podría marcar el comienzo de una era de filantropía y humanitarismo global.
Pero este no es un día para los débiles de corazón. Se requiere visión, preparación y voluntad de romper los límites del pensamiento convencional. La guerra de la información ha comenzado, y sólo aquellos que estén informados y sean proactivos prosperarán en la próxima Edad de Oro.
Así que la pregunta sigue siendo: ¿Aceptarás el desafío o darás marcha atrás?
The Central Bank of Iraq is among the top 10 banks buying gold in the world
The Central Bank of Iraq ranked seventh on the list of central banks that bought the most gold in 2024, according to data from the World Gold Council.
The volume of gold purchases by the Central Bank of Iraq in 2024 amounted to about 20 tons, surpassing Hungary, Uzbekistan and Ghana, while the first six countries on the list are Poland, Turkey, India, Azerbaijan, China and the Czech Republic.
Here is a list of the top 10 central banks buying gold in 2024 :
I find things are pretty interesting on who is where…. Right now we are being told Sudani is in Prague, one of his top deputies is at the US in New York…Pres.
Trump is now sitting down with India’s Modi …so let’s think BRICS…let’s think World court…. Let’s think UN for monetary values change…. We are talking World court, UN, and pretty much everybody is where they should be to make something move. I enjoy watching geopolitical moves right now.