Frank26 [Iraq boots-on-the-ground report] FIREFLY: The November census starts on the 20th and the 21st, Wednesday and Thursday we will be in curfew…They say will be a 4-day holiday.
Samson Article: “Governor of the Central Bank of Iraq discusses with the German Ambassador enhancing the financial inclusion plan in Iraq and digital transformation”
MarkZ “The launch of the activities of the International Scientific conference under the slogan “Development financial and economic stability to restore confidence in the dinar” This seems to be the number one goal in the government right now…to restore the confidence in the dinar so that when they change the value-people have faith in it and use the dinar instead of the dollar…yes we want it faster…but I think we are about to get it.
Frank26 WTO saying Iraq is an economic powerhouse is exciting...The reason they just told you that, Iraq has completed everything to join the WTO. Iraq is not in a hurry to join the WTO but the WTO desperately wants Iraq because a new exchange rate that will be very profitable for both sides.
Clare Article Quote: “Laying the foundation stone for the largest skyscraper in Baghdad” “The Baghdad Municipality is proud to give approval for the first skyscraper in the heart of the capital, Baghdad, within the new Downtown complex of the city of Baghdad.”
RayRen98 I JUST RECEIVED A “DEADLINE DATE FOR THE RV, BUT I DON’T BELIEVE IT UNTIL I HEAR FROM MORE SOURCES.
Fnu Lnu [Reference Guru Bruce post 10-14-2024 below.] Reminder…Redemption centers ARE BANKS. They are bank offices designed to be off premises for the purpose of validating and verifying the IQD and accrediting your bank account with the exchange amount deposit. They are banks and you WILL NOT get better rates at a BANK EXCHANGE CENTER. It is AGAINST the LAW to sell a financial instrument for different prices at different places. It is called “THE RULE OF ONE PRICE”…There are laws and they will be followed.
Above mentioned Post is below
Bruce [via WiserNow] Now, remember, rates in the redemption centers will be the best rates higher than the banks, and this is something that was orchestrated to give us the highest possible rate…It’s true of the dong, and it’s certainly true of the dinar as well..
Walkingstick [Iraqi bank friend in U.S. Aki update] The next pay period [for Iraqi government salaries] that will follow up after this one will be based on the new exchange rate and so will the HCL payment to the citizens. Both their back pay and the HCL will be presented to the citizens at the same time, not on separate events. Do not look for purchasing power yet.
MarkZ [via PDK] “Coordination with the World Bank for projects” Pretty much everybody except the US and the federal Reserve is banking on Iraq’s WTO ascension and the increase in value of the dinar. The world bank is one of those and they are working with Iraq on larger infrastructure projects. Iraq is not staying in the background for much longer … Most likely when they announce the official WTO ascension we will see a public rate…imo
Samson Article: “Deputy Spokesman for the UN Secretary-General: Census results must be used for development”
Militia Man Article: “World Trade Organization in Geneva 2024 was held on July 18th.” That’s just a few months ago… Quote: “The significance of this is it marked the formal resumption of Iraq’s accession process to the WTO after a 6-year hiatus.” They have intensified the bilateral negotiations for the accession…There’s a push now and they will need to be an internationally accepted currency in place ahead of the accession.
Mnt Goat Article: “IRAQ EXPORTS MORE THAN 54 MILLION BARRELS OF OIL AND ITS DERIVATIVES TO AMERICA” …the best part is that Iraq is now refining their own oil and selling not only raw crude oil exports but now running refineries to generate oil products (or derivatives) and exporting them too.
MarkZ [via PDK] There was a lot of news this weekend coming out of Iraq. “Prime Minister: Iraq is witnessing unprecedented economic development and a stable political system” He is using very important key words. Dr. Shabibi (Former governor of the CBI and architect of the RV) had told us if they gave him a safe and stable Iraq – he would give them a higher revaluation or reinstatement. Iraq is the most stable country in the region and becoming a leader.
