"RV UPDATE" BY WALKINGSTICK, 9 MAY

 Walkingstick  

The value of their currency is determined by the resources tapped and untapped.  The futures of Iraq are astronomical.  You have no idea, investor of the Iraqi dinar, what you have invested in. Phosphates...sulfur...diamonds...gold...silver...oil, gas, all the mining companies are lining up and it's all these industries, they are the factors that will drive the dinar up internationally.

  You cannot have any restriction on your currency if you belong to the SAP.  You cannot be on a program rate.  A program rate is a restricted currency is it not?  Sure it is...This is a very advanced system...The SAP has the same qualifications as the WTO.

  In fact SAP is part of the WTO...The restriction on currencies that the WTO says you cannot have is the same restrictions that SAP says...They run the same program systems. 

The main reason why they're going to float the Iraqi dinar is to build confidence in the country of Iraq.  A float brings in these investor that Sudani has been signing left and right.  These investors will watch the float and as the float increases they will say to themselves, 'Hey, maybe I should invest in this currency.' ...The float is to build confidence in the country and in the currency of Iraq.

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-walkingstick-8-may.html

🔥 Iraqi Dinar 🔥 Once Again $3.90 🔥 News Guru Intel Update Value IQD Exch...

A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules, 9 MAY

  A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules

5/8/2024 Baghdad

Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, revealed today, Wednesday, that there is an understanding to extend the legislative term of Parliament to approve the 2024 budget schedules. 

Al-Dulaimi said, in an interview followed by Al-Iqtisad News, that “the current situation requires extending the current legislative term of the House of Representatives and postponing its recess for a month until the 2024 budget schedules are approved.” 

She added, "The Parliamentary Finance Committee is ready to receive the budget schedules and work on them as soon as they reach the House of Representatives."

She continued, "The current legislative term needs to be extended to complete many important legislations for the coming period, including the budget law schedules for the fiscal year 2024."LINK

"RV UPDATE" BY MNT GOAT, 9 MAY

 Mnt Goat   

Can you see just how close Iraq is to fulling Al-Sudani’s promise of making the dinar a proud national currency once again. Also remember too that he did say it “was” valued over a dollar already...

Article:  IRAQ TALKS ABOUT PRODUCING ONE MILLION LITERS OF GASOLINE DAILY  

 Quote:  “increase refining capacity production rates and improve production in national refineries to reach self-sufficiency and gradually shift to exporting them to global markets..."   Well…well…it's about time that Iraq got these refineries up and running. Lots of articles about this effort over the last ten years. Did I hear of another export product here?

  I feel we have been in a critical period of the currency reform program since January of last year 2023.  

Now we are in a “vital” period.  Like a game of chess, we are now in a waiting mode for the Central Bank to make their next move and rollout the second-rate change in-country to just over a dollar, that we were told is coming. Since they told us they now control the parallel “black” market, and that negotiations were successful in lifting sanctions on many Iraqi banks.

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-mnt-goat-7-may.html

Jon Dowling & SG Anon Discuss The Global Reset status & Why Is The Weath...

Deficit” is the password.. Parliamentary Finance decodes the budget delay, 9 MAY

  Deficit” is the password.. Parliamentary Finance decodes the budget delay

5/7/2024  Baghdad

A member of the Parliamentary Finance Committee, Muhammad Nouri, revealed on Saturday that there was a large deficit within the 2024 budget, which obstructed sending its schedules to the House of Representatives for approval.

Nouri said in an interview followed by Mawazine News, “The delay in sending the budget schedules from the Council of Ministers to the House of Representatives for approval and then starting work on them is evidence of the existence of a large deficit within this budget, which has exceeded more than 80 trillion.”

He explained, “There is large government spending that accompanied the 2023 budget and continues until now, including paying the Kurdistan region’s dues and exceeding the original dues, and also the sanctions imposed by the US Treasury may have caused a weakness in revenues, which reflects negatively on the strength of the budget and the government’s ability to address this deficit.” “.

He continued, “There may be political reasons behind the delay in sending the budget, including the delay in choosing a new speaker for the House of Representatives, and that its delay may hinder the launch of some important and strategic projects.”

He stressed that “the government is currently looking for solutions to address this large deficit and the pressure on expenditures within this budget, as well as the pressure on actual spending to reach a deficit that can be worked on. Among these solutions is increasing the price of oil or maximizing other non-oil revenues.”   LINK

CalandDLQ:  At a rate of $1,320, that would be correct…you have a deficit. However, the new rate Sudani and Alak are ready to expose to us non-NDA holders is the solution…the ONLY SOLUTION

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 9 MAY

 Frank26  

 [Iraq boots-on-the-ground report] 

  FIREFLY:  Television says Iraq is now producing 1 million liters of gasoline on a daily basis with the new refineries...They are saying we will have enough gasoline for our self sufficiency of our county and also for global trading on the market ..

 FIREFLY: They said our success is from the visit to the United States of America because it lifted almost all sanctions on our banks and others are close to being lifted too.  

FRANK:  They also delivered the new exchange rate.