Frank26 They are so so close. Our elections, we’re down to what, five days. These five days will be concentrated with so many concluding thoughts. These remaining days of 2024 are so concentrated on the monetary reform policy.
Kaperoni Article: “Parliament reveals the secrets of 6 qualitative strikes against currency counterfeiting networks in Iraq”
RayRen98 SOME SOURCES WANT US TO LOOK AT “TODAY” FOR A POSSIBLE RELEASE. WE SHALL C. SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. WE SHALL C. I’M EXPECTING THE “REST” OF MY MIRACLE…ANY DAY NOW!…UH…ANY HOUR NOW WELL, REALLY, IN A FEW HOURS. ♪ ♫ I’M SO EXCITED…AND I JUST CAN’T HIDE IT. I ‘M ABOUT TO SEE A “SHO NUFF” RV AND I KNOW I LIKE IT!! ♫ ♪
Pimpy We know Iraq relies too much on oil revenues for their money. At one time 96% of their budget relied on oil. I think it’s down to 89%. Doesn’t sound like a whole lot but that’s a major jump for Iraq in the non-oil sector. The more they can get away from relying so much on oil the better off they are. The Development Road Project is going to be a biggie to help them generate a lot more non-oil revenue.
MarkZ [via PDK] “Hours before the session Sovereignty settles his position and “satisfied” Mushadanl as speaker of Parliament” there is a few more rubber stamps to finish…but we have a new speaker of parliament that has been agreed too. This is a big development in Iraq.
Walkingstick [Iraqi Bank Manager Friend Aki Update] They are about to open many hundreds of ATM exchange enters outside of Iraqi borders. We call them currency exchange centers. Aki owns 90 of these centers. It is not him by himself. Aki is part of a conglomerate. His business partners, there’s 18 of them, they own 90 of these ‘currency exchange centers’ around the world. The exchange centers are under the control of the GOI and CBI. They both control the exchange rate of the Iraqi dinar.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talked about about the deletion of the zeros project on the television today. FRANK: The monetary reform education is very loud. It’s coming to you at an increased speed. So much is being thrown a you to prepare you. Again, I strongly feel this year not next year. I don’t want to exaggerate but it’s almost to the point that every day they are explaining to you Iraqi citizens why that are lifting the three zeros to give you purchasing power to your currency. This is a dream come true.
MarkZ [via PDK] This is a fantastic article… “The Governor of the Central Bank reveals important figures on Iraq’s economy and foreign reserves” They go into how much currency in circulation today and how much before it was devalued…Revenues are up massively and they can afford an increase in the valuation. Their financial position is beyond strong.
Militia Man Article: “Central Bank governor, foreign reserves exceeded 140% of local currency issues which amounts to about 100 trillion dinars…Iraq’s external debt currency amounts to only $20 billion.” That’s very good…Bottom line is they are moving forward.
Wolverine [via Judy Byington] Looks like this is it everyone! Tier4b (us, the Internet Group) should be getting notifications for the currencies… Wed. 30 Oct…onwards…All needs to be done before the election…I have been assured all is ready to go…
Samson Article: “Central Bank Governor: Foreign reserves exceed 140% of local currency issued”
Frank26 IMO early this month all banks were told [about the dinar] and that’s why now IMO every bank that you go to is now singing a completely different tune because they just realized, oh my goodness there’s a lot of Jed Clampetts out there that are about to come into our banks, we got to take care of them…They’re employees. They did exactly what their boss told them to say, It’s a scam, get out of here. But you know and I know it’s not.
Mnt Goat [Post 1 of 2…..] There is NOT going to any “big lines” or celebrations in Iraq when they revalue in country. The only thing that will happen is that they will go on with life and know they have more purchasing power, but only after the reinstatement happens…They are catching up to the rest of the developed world. Also, you must remember too that the government along with the CBI is constantly now telling the citizens they are going to raise the value of the dinar to the “glory days” of the dinar.
Mnt Goat [Post 2 of 2] …the CBI is now also broadcasting the videos they produced by the committee, in which my CBI contact told me earlier this year, were being produced and ready for showing, but back then we were told – not yet. Now they are being shown to the public. Yes, it is time and so yet another clue things are close…If you talk to almost any citizens now in Iraq, they will tell you that they expect this event to happen soon.
Bruce [via WiserNow] …the good news is, since…this past Sunday, the government of Iraq has paid using the newly revalued dinar back salaries, back pay – we think contractors as well as retirees at the new dinar rate – and They have that in their debit cards that they could see and go into and spend…
