Monday, September 11, 2023

Pessimistic expectations.. What is the secret behind the 2023 budget not being released yet?, 11 SEPT

 Pessimistic expectations.. What is the secret behind the 2023 budget not being released yet?

9-10-2023
Pessimistic expectations.. What is the secret behind the 2023 budget not being released yetToday, Sunday, the economic expert, Dr. Abdul Rahman Al-Mashhadani, revealed the main reasons behind not launching the 2023 budget yet, anticipating a global economic crisis next year, and despite the rise in oil prices, the year 2024 will be difficult.
Al-Mashhadani said in a statement exclusively to Jarida , “Not releasing the budget is not for fear of it being exploited electorally, because the political blocs do not need a budget, as they have food security law money, and they also have supporters from merchants and businessmen, so the basic political blocs have power.” And money and support from local, international and commercial parties.”
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He added, “The government’s vision announced by the Prime Minister is that the disbursement is based on the revenues generated, but the revenues generated cover operational expenses only, and in official statements it was stated that the Kurdistan region’s share is greater than its entitlement, because the disbursement is based on the revenues generated, and not on Basis of budget allocations.
He continued: “Also, the Prime Minister wants to spend the year 2023 with the minimum disbursement as long as the budget is delayed. Therefore, the life of the government will be short, which is two years. He does not want to borrow from the Central Bank and waste the surplus resources, which are 23 trillion from last year, but rather He wants to put it as savings or as an initial entry for 2024.”
He explained, “Because the year 2024 will not be as easy as expected, even though oil prices have begun to rise to record levels, but all expectations still point to a global economic crisis in 2024, so this hedging and austerity that they are following by delaying the approval of the budget may be the main reason for saving.” Funds and resources available until next year.

Iran Continues To “Dry Up” Iraqi Dollars.. The Dollar Is On The Way To Flying Towards 160 Thousand (Details), 11 SEPT

 Iran Continues To “Dry Up” Iraqi Dollars.. The Dollar Is On The Way To Flying Towards 160 Thousand (Details)

Baghdad today - Baghdad   Today, Sunday (September 10, 2023), the expert in economic affairs, Nabil Al-Marsoumi, detailed the reasons for the continued rise in the exchange rate of the dollar against the Iraqi dinar, despite the many decisions taken by the Central Bank.

Al-Marsoumi said in an interview with “Baghdad Today” that “the reason for the large gap between the dollar in the official market and the parallel market is due to the large trade with Iran, as the latter exports goods to Iraq worth 10 billion dollars annually, and this trade is covered through bank transfers that go to banks.” UAE and then to Iran.”

He added, “After implementing the electronic platform system, bank transfers were stopped, and trade with Iran is now being covered through the parallel market, so there is pressure on the dollar,” noting, “There are parties that monopolize the dollar in order to pump it back to Iran for the purpose of commercial settlement with "Tehran."

Although Al-Marsoumi does not hide that Iraq faces many economic problems in this aspect, he confirms that the demand for investment and consumer goods will increase after the release of budget allocations.

“Due to the limited national production base, the demand for the dollar will increase again and cause it to rise to high levels,” the economist says.

Al-Marsoumi was not satisfied with this, but rather warned that the price of the dollar was on its way to jumping above the barrier of 160 thousand dinars, in the coming weeks due to a number of reasons mentioned, and “the failure to take decisions that would reduce the difference.”

According to US sanctions, any deal between Iran and Iraq must be based on the dinar, and the use of the US dollar in these transactions is prohibited.

14 private Iraqi banks were prevented from purchasing US dollars from the Central Bank of Iraq as part of a campaign by the US Treasury Department to smuggle dollars to Iran through the Iraqi financial system .

Banks were prohibited from purchasing US dollars through the "foreign exchange auction window", known as dollar and conversion auctions .

It is an officially approved mechanism to cover the foreign currency needs of banks and public and private commercial institutions, and ensures the ability of these institutions to finance their financial activities and foreign trade .

The American step taken by Washington on July 19, 2023 is part of a broader effort to prevent Iran from depleting Iraq’s dollar reserves through false or fictitious import transactions carried out with “inflated” invoices or “fraudulent” money transfers.

The Central Bank of Iraq works with the US Department of the Treasury to implement anti-money laundering and counter-terrorism financing initiatives .

The Central Bank explained that within the framework of this partnership, an “electronic platform” was developed to ensure the safety and accuracy of money transfer transactions in all aspects, in accordance with international standards and practices.   LINK

Will IQD = Kuwait $3.45?💣RV Sunday to Tuesday?!🤔Iraq Dinar RV Updates | ...

“Iraq Has Moved Closer To Its Goal.” Washington Praises The Baghdad Airport Control Unit, 11 SEPT

 “Iraq Has Moved Closer To Its Goal.” Washington Praises The Baghdad Airport Control Unit

Baghdad today – Baghdad  Today, Sunday (September 10, 2023), the US Ambassador to Iraq, Alina Romanski, welcomed the opening of the air cargo control unit at Baghdad International Airport, noting that it represents an essential part of Iraq’s ability to combat illicit trade.

The ambassador posted on the social networking site "X" a picture of herself while giving a speech during the opening of the unit at Baghdad International Airport.

Romanski said, in a tweet, that “the safe movement of air cargo will encourage more trade between Iraq and the global economy, and reduce illicit trade and cross-border threats.”

She pointed out that the air shipper controller unit is funded by the Regional Export Control Program of the US Department of State.

She expressed "the respect of the United States of America for its Iraqi partners for their continued commitment to establishing border security for a more stable, secure, and sovereign Iraq."

She added, "The safety and security of our international partners is the security of the entire world." She also thanked the United Nations Office on Drugs and Crime for its hard work in establishing this unit, according to what was reported by the Iraqi News Agency.

She said, "Smugglers use legitimate goods to hide illegal shipments and the large volume of global trade and shipment movements makes it difficult for customs officials to enforce the law and discover illicit cargo, which is often hidden."

Romanski added, "By establishing this unit, Iraq is sending a strong message to the international community that it continues to work on customs procedures and monitoring goods transparently," noting that this step brings Iraq close to achieving its goal of more flights between Baghdad and major cities around the world. .

Earlier today, the head of the Border Ports Authority, Major General Omar Adnan Al-Waeli, announced the opening of a container monitoring unit at Baghdad International Airport with support from the United Nations Office on Drugs and Crime, which will contribute to monitoring containers and targeting dangerous global shipments based on an analysis of existing danger indicators. In shipping documents.   LINK

"RV UPDATE" BY FRANK26, 11 SEPT

 Frank26  

Community Comment "I'm so confused about 'Humanitarian Projects' " There's no such thing...And there is no such thing as any project out there that's going to give you more than what the CBI is going to give.  Don't be gullible.  Don't be greedy.  Don't let the serpent tempt you to be glutenous...  

Question: "Why would JP Morgan ever release Iraq from their current situation? Because JP Morgan knows they have to make money in the exchange process that's about to occur.

When you go to a bank they don't even want a receipt.   'Why do I need a receipt?'  In case you're audited...Long term [tax] might be in the 20% range.  Short term might be in the 40% range.  Somewhere in that ballpark.  That's why you need a receipt.  That's why it's important.  [NOTE:  Remember some gurus think dinar exchange tax will be considered ordinary income while others fell it will be capital gains...the only opinion that matter's here is the IRS's...Consult your tax professionals so you pay the right amount of tax for your unique situation.]

Suandi keeps repeating once security is stabilized and established and is firmly in place you are going to see the explosion of your currency/new exchange rate...It's many that are helping Sudani return wealth back to [Iraq].  To do this special type of cleaning for the new exchange rate took a coordinated effort of many countries...All those countries that have helped bring back millions and trillions that were stolen by the corruption of the past decades they are all pitching in to help Sudani because they know what's about to happen to your monetary reform...The whole world wants Iraq and the pain of waiting is coming to an end...

Iraq's Oil Reserves Increased To Nearly 6 Billion Barrels, 11 SEPT

 Iraq's Oil Reserves Increased To Nearly 6 Billion Barrels

Iraqi Oil Minister Hayyan Abdul Ghani confirmed on Sunday that Iraq’s oil reserves had risen to 6 billion barrels.

This came in a speech he delivered during the launch of the activities of the first Iraqi conference and exhibition for oil projects and licensing rounds in the field of oil and gas, which lasts for 3 days in the capital, Baghdad.

Abdul Ghani said in his speech that, in order to dedicate the pioneering role of the Ministry of Oil in providing the necessary and basic resources to finance the Iraqi state budget, and supporting these resources with strategic projects that double the financial return and provide various opportunities in all sectors,

This vital ministry has gone to sponsor and support exhibitions and conferences that serve In the interest of the Iraqi economy, providing large financial resources to support the Iraqi state budget directly and indirectly and providing areas for developing the local industry in the field of oil and petrochemicals, refineries and other necessary projects.

Abdul-Ghani also pointed out that “wherever there is oil and gas, the local economy will develop, and the Ministry hopes that specialized international companies will participate in these promising rounds and contribute to gas investment projects in order to achieve self-sufficiency for this vital material and export its surplus abroad.”   https://www.radionawa.com/all-detail.aspx?jimare=35631

JUDY NOTES, 11 SEPT

 Global Currency Reset:

Judy Note: The below is a summary of recent Intel of TNT, Wolverine, Bruce and MarkZ: Overnight Thurs. 7 Sept. monies began moving. By Fri. 8 Sept. in Zurich, Yellow Dragon Bonds were paid out, while in Reno the Admiral put in the Redemption Codes and gave the green light for Whales to be paid. Kurdistan received $500 billion to pay out on Sat. 9 Sept. This past weekend the ATMs, new coins and monies activated in Iraq, in the US and it was assumed, throughout the World. News of that GCR activation was scheduled to come out sometime between now and Tues. 12 Sept, at which time all other tiers would begin to be paid. Currency Exchanges and Zim Bond Redemptions were to be completed by Sun. 1 Nov. when the US Federal Dollar would be considered worthless. 

  • Sat. 9 Sept. TNT: The three letter agencies say that everything is done and that the time frame is from Friday to Tuesday morning for all of this to finally be over. The new ATMs, new coins and monies will be activated  this weekend. So from Friday night until Tuesday morning is when they say this will all be finished. Everyone is excited about this weekend…on both sides of the “water” (here in the USA and in Iraq). They have been “dragging” that Kurdistan was supposed to receive $500 billion to pay everyone last Thursday and now they say they will receive it on Saturday 9 Sept. On Wednesday they told us that this weekend was going to be very important and things are moving… so starting at 4 pm Friday 8 Sept. until Tuesday morning 12 Sept. is when the three letter agencies say that we can have news. I don’t know when it will happen. I just hope it happens now. That’s what they tell us: that these days, all this is supposed to be finished.
  • Wolverine: On Fri. 8 Sept. in Zurich, Yellow Dragon Bonds were paid out, while in Reno the Admiral put in the Redemption Codes and gave the green light for Whales to be paid. Everyone else will be paid on Monday 11 Sept. and Tuesday 12 Sept.
  • Thurs. 7 Sept. Bruce: International Upper Bond Contacts in Geneva say that monies began moving overnight Thurs. 7 Sept. with funds to be used for NESARA/ GESARA and Bond Holders. Email notification to Tier 3 Bond Holders would be sometime Sunday into Monday 10, 11 Sept. Bond Holders to get access to their funds Monday evening 11 Sept. Tier4B (us, the Internet Group) should get notification to set appointments on Monday 10 Sept.  and could start exchange appointments Monday afternoon into Tues. 11 Sept.
  • Fri. 8 Sept. TNT Call: The three letter agencies say that the RV should be started between Fri. 8 Sept. and Tuesday 12 Sept. morning. Citizens of Iraq were told that the new coins and lower denominations would be activated this weekend.
  • Wed. 6 Sept. Evening MarkZ: Group, Reno and other redemption sources say its anywhere from now until Sat. 9 Sept. Military sources say that they are pushing for exchanges to be completed by Sun. 1 Nov. and that our current US Federal Dollar would be worthless by then. 
  • Forbes Converter Zim to USD: https://www.forbes.com/advisor/money-transfer/currency-converter/usd-zwl/

Timeline

  • On Fri. 1 Sept. 2023 full integration of the Quantum Financial System took place after the US National Debt of close to $33 Trillion was paid off. This triggered the Global Currency Reset.
  • Fri. 8 Sept. monies were moving for the Global Currency Reset. In Zurich, Yellow Dragon Bonds were paid out, while in Reno the Admiral put in the Redemption Codes and gave the Green Light.
  • On Sat. 9 Sept. The two day G20 Summit began in New Delhi, where the Cabal made major economic changes, among them was announcement of their digital fiat currency activation in Oct. 2023: https://www.livemint.com/news/india/g20-summit-and-indias-presidency-date-logo-venue-theme-how-does-it-work-and-more-faqs/amp-11693382435496.html
  • On Mon. 11 Sept. An Event – good or evil? – was believed to be planned for 9/11.
  • Fri. 15 Sept. EBS?: Donna C “I have a friend in SC works for the convention center. Said the employees have been told that the EBS will go off on 9/15 & all communications will be turned off. I trust this person with my life. Just a heads up.”
  • On Sun. 1 Nov. Currency Exchanges and Zim Bond Redemptions were to be completed, at which time the US Federal Dollar would be considered worthless.
  • BY JUDY

KRG shares first list of Know Your Customer (KYC) data with the Trade Bank of Iraq (TBI). 20 MAY

KRG shares first list of Know Your Customer (KYC) data with the Trade Bank of Iraq (TBI) Erbil, Kurdistan Region ( GOV.KRD ) – The Kurdistan...