Wednesday, June 5, 2024
"THIS IS A BIG ACCOMPLISHMENT FOR THE MONETARY REFORM PROCESS!!!" BY FRANK26, 5 JUNE
KTFA
FRANK26: "THIS IS A BIG ACCOMPLISHMENT FOR THE MONETARY REFORM PROCESS!!!"........F26
Parliament sends budget schedules to the Ministry of Justice... for this reason
6/4/2024
Baghdad -
Today, Tuesday, the Presidency of the House of Representatives sent the 2024 budget tables to the Ministry of Justice for publication in the Al-Waqe’at newspaper.
Yesterday, Monday, Parliament voted on the 2024 budget after making amendments to a number of expenditure schedules and financial allocations for the development of the governorates.
* NOTE (the Al-Waqe’at newspaper - IS THE GAZETTE)
"RV UPDATE" BY TRUTH WARRIORS VIA BEARDED PATRIOTUSA TELEGRAM ROOM, 5 JUNE
TRUTH WARRIORS
🇺🇸💥🇺🇸. Iraq and Germany making agreements for projects for private sector! Sudani has been a very busy man! 🇺🇸💥🇺🇸👇👇
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🇺🇸💥🇺🇸. Interesting. Currency companies told to stop selling foreign currencies in Iraq now in this window…….before what? 💥💥💥. Perhaps before the camper event? Just supposition since that event is very close. 🇺🇸💥🇺🇸👇👇
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🇺🇸💥🇺🇸. Iraq is shifting to a gold backed currency! This makes their dependence on oil to back their currency non relevant! 🇺🇸💥🇺🇸👇👇
THIS DATE NEEDS A NEW RATE FOR THE PROJECTS OF THE BUDGET!!! BY FRANK26, 5 JU
KTFA
FRANK26:"THIS DATE NEEDS A NEW RATE FOR THE PROJECTS OF THE BUDGET!!!"...........F26
The Sudanese financial advisor reveals the date of the government’s implementation of the budget schedules
6/3/2024
Mazhar Muhammad Saleh told {Al-Furat News} agency, “Based on the effective constitutional path in issuing legislation, the start of the official implementation of the federal general budget schedules must be accompanied by its approval by the House of Representatives, based on the provisions of Article 77/Second of the Federal General Budget Law No. 13.” For the year 2023 (the tripartite budget),
if that approval in the House of Representatives takes the form of (the law) or the form of the amendment to Law No. 13 of 2023 referred to above, then those amendments to the original law or the wording of the tables as a new law must in all cases be approved by chance.The President of the Republic, and then it will be published in the Official Gazette so that the legal procedures can complete all their prescribed paths.”
He pointed out, "After that, the implementation or application phase begins immediately unless there are instructions for implementing the federal general budget schedules for the year 2024, which may be issued by joint instructions between the Ministries of Finance and Planning."
Saleh continued, "Despite this, the important aspect remains that the budget tables for the year 2024 are approved by the legislative authority and are accepted by legislators in the House of Representatives, and then the financial table for the year 2024 is issued and approved under any form of legislation in force, whether issued by a new law or a legislative decision." .
Ragheed
COFFEE WITH MARKZ 6-4-2024 (ENGLISH & SPANISH), 5 MAY
Tuesday Morning Talk “Coffee with MarkZ” 6-4-2024
Member: Welcome to a fantastic Tuesday.
Member: Mark, is your June 2-9 range still valid?
MZ: I have several bond people expecting fully spendable money from this afternoon through Thursday. I had one that I was expecting to receive last night, but it was shipped tonight.
MZ: Different interest rates still appear on bank screens. Several banking contacts have chimed in saying they see the dong at $2.86. We don't know if this is to save space. But I'm hoping this is the price. They are seeing IQD of more than $4+
Member: Any tax on the Bolívar?
MZ: The most frequent rate you are seeing is about 27,000 dollars per million bolivars. We'll see when we change.
Member: So each bolivar could be worth about 0.27 cents... that's great!
Member: I would take that in a heartbeat!!!
Member: When do we expect our currencies to be backed by gold/assets?
MZ: It's supposed to happen at the same time. Otherwise, if we switch to fiat... we will have to move our funds into assets quickly.
Member: MARCA Z it is true that the Budget has nothing to do with the rate. Does it depend on oil?
MZ: Yes and no... in the budget they left a revaluation mechanism based on tariffs and oil production. ….They can make the budget without changing rates. Does it make sense to do it? NO….because they have been accumulating a deficit of more than 30% each year. .
Member: It appears that the Iraqi budget must be published in the Gazette before it is legal. If they are waiting, it could be Wednesday or Saturday...or will it be legal 15 days from yesterday?
MZ: Exactly. You've got it nailed. At this time we expect it to be published in the Gazette tomorrow or Saturday.
Member: Prime Minister Mohammed Shia Al-Sudani said that international organizations have reached a positive assessment of Iraq's performance that supports stability.
MZ: Yes, they keep talking about the abundance that will come and lift up all the people of Iraq. There is a mechanism for VR in the budget. And I have a ministerial contact in Iraq who still believes we will see a new rate in the budget. Whether it's Wednesday. or Saturday...we'll see. This contact works in the Iraqi government.
Member: Iraq Sec. General of the HOR (House of Representatives) sends the approved budget schedules to the Ministry of Justice.??? Gazette time?
Member: Does the contract between the US and Saudi Arabia for the purchase of oil in dollars expire this Sunday? This could be a momentous event!!!
Member: I hope that the agreement between Saudi Arabia and the United States can be the event that sets things in motion.
Member: Dr. Scott even said it would be 2 or 3 days after June 9 before the effects make a big splash.
MZ: Many people are asking for Black Swan to arrive on Sunday night the 9th.
MZ: I have a brief banking history for you. “I went to the bank today (Wells Fargo) and decided to ask about the RV. The banker admitted to knowing and said he even owned a dinar and said he had been at it for about 12 years waiting. He didn't predict when it would happen, he just said to be prepared.
MZ: I liked that they had an open conversation with the bank and it was a currency holder. They know it because they are training for it.
Member: I got a bank account book, necessary for preventing terrorism, dealing with foreign currency and certain accounts are for wealth management clinics... I never received anything like that before.
Member: My Wells Fargo authenticated my coin last week and said it would happen soon
Member: I went to my credit union and asked if they exchange foreign currency. She said no and directed me to WF. She said she had also sent other members to WF.
Member: I spoke with a board member at our credit union since it was closed for 3 days, including Zelle, to update the software. I asked him if this is the quantum financial system and he said yes.
Member: Supreme Court Ruling: State-sponsored banks can dissolve from the Federal Reserve system and issue their own currency https://thesilverindustry.substack.com/.../supreme-court...
MZ: This is great news. “$517,000,000,000 billion in unrealized losses hit the US banking system: FDIC says 63 lenders are on the verge of insolvency” Think about it. If 63 banks fail and the Federal Reserve has less than $100 billion to bail out the banks, what money is left in the event of a crisis? This is undermining banks' liquidity. Things are getting ugly.
Member: Let the accident come... the leftists have to start the new QFS system... we are ready
Member: Mark, anything about zim holders having to go to a military base to exchange? . It was talked about years ago. Thanks for all that you do.
Member: That would be a safe place to exchange. I hope the rumor is true.
Member: Don't try to rush progress. Remember: a step forward, no matter how small, is a step in the right direction. Keep believing.
Member: Mark thanks you, Zester, and all the Mods for everything you do. Everyone does a fantastic job.
Member: Thank you for your service, Mark! It has been an honor to be aligned with you on this journey! The fatigue is real, however the joys and celebrations will be overflowing!
TRANSLATION SPANISH
Charla del martes por la mañana “Café con MarkZ” 6-4-2024
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