Jeff

The central bank announced their 3rd strategic plan…They’ll be increasing gold reserves…they also said they’re going to offer new issues of high quality currency and reduce the deficit…

You don’t want the budget to be approved because if it’s approved, it’s approved with dinar at today’s Central Bank value, 1310.  What you want is the court to overturn the […]

The budget is approved with the dinar valued at today’s Central Bank value, 1310…That’s not  a rate change…What brings the rate change in is for the current budget approval to […]

At this time the budget is not published in the Gazette.  The budget has not been implemented because it can’t be implemented until the court finishes their appeals on it. […]

  Article:  “The Iraqi Communist Party marks a constitutional violation by approving the 2024 budget schedules”  Quote:  “The Political Bureau of the Iraqi Communist Party confirmed…voting on the budget tables before approving […]

The budget is unconstitutional and appeals have already been filed with the court.  The court is going to step in, it’s going to be overturned.

There’s many disagreements with the budget, possibly causing it to be overturned via a court appeal…The actions of what was done with the budget was against what they were allowed […]

The budget got approved with the currency value at the Central Bank value of 1310 dinar per dollar.  That is not a rate change and no it can’t just magically float […]

The budget will not be approved Monday.  It’s going to be another failed attempt…Nothing will happen with the budget on Monday.  It’s going to be a failed attempt to approve […]

The budget will not be approved Monday.  It’s going to be another failed attempt…Nothing will happen with the budget on Monday.  It’s going to be a failed attempt to approve […]

If you’re excited about the budget being approved Monday you’re an uninformed investor.  What that means is the rate is not changing because budgets are calculated off the value of the […]

 Today the dinar is 1310 against the dollar…If they approve the budget Monday, the dinar value remains at 1310.  That’s not a rate change.  It’s not 1 to 1 either. […]

I’ve seen quite a few different investors out there that are super excited that Iraq was going to be approving their budget within parliament Monday…That’s a huge misunderstanding on your […]

The rate change is here…   Article: “Sudanese directs to hold an extraordinary session next Sunday to discuss the 2024 budget schedules”  The reason council of Ministers which normally meet on Tuesday […]

Article:   “Parliament expects the arrival of the 2024 budget schedules”  Quote “…There are efforts to guarantee the right of many segments in the items and schedules of the 2024 budget […]

Mid last week I posted  “The Final Countdown”   …Here’s the reason why right here…The approval of Iraq’s budget is waiting on the rate change.  That’s why it’s been outstanding/ pending […]

Final Countdown! 

Parliament can only approve the budget after the rate officially changes.  The rate has to officially change before parliament can approve it…

Article: “The White House announces the date of Sudanese’s visit to Washington”  Three articles tell you that on April 15th Iraq’s prime minister Sudani will come to Washington DC to meet […]

The next big step in this is we want to see when Iraq will be amending their budget…They can amend it before or after the rate changes…

This weekend coming up would be the historical anniversary date of when Kuwait reinstated their currency – March 24, 1991

Iraq technically does not need to amend the budget if they’re not changing their rate.  The budget already covers their operating expenses.  But they would need surplus funds to cover […]

One of the major things Iraq has to do before they can revalue the currency is they have to pause all of their money.  They have to suspend it.  Freeze […]

They have suspended currency auctions from this point forward, through the remainder of March…giving them eligibility to revalue this weekend – having this weekend being the earliest point throughout this […]

Article: “Iraq completes requirements to join WTO”  Quote:  “The Iraqi minister of Trade…affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following […]

 The starting point of the US interactions with Iraq was on March 17, 2003…Is it possible the US might end its actions with Iraq on the anniversary date of when […]

In March the UN will be submitting their official, ‘We’re done’, ‘we’re ending our mission in Iraq’ report to Iraq…After Iraq has revalued is when it gets submitted and turned over to […]

 Why the timing of the rate change has anything to do with a budget period?  Here’s why…Countries calculate their budgets off the value of the currency.  In order for them […]

 What was the number on thing in the month of January Iraq kept stating in all the news articles?   How they achieved critical stability.  In order for Iraq, the number […]