Clare Article: “Iraq Registers 324 Local Companies, 27 Foreign Branches, in June” Quote “The Companies Registration Department of Iraq’s Ministry of Trade said it has successfully processed the establishment of 324 national companies and registered 27 branches of foreign companies in June.”
Frank26 The Iraqi dinar is the only currency in Iraq. Therefore that currency has to go up in value. It has to go up in value, it’s going International. How do you know it’s going international? Because Sudani…Alaq, the governor of the CBI said so. I’m not pulling things out of the air. I’m repeating to you what these great leaders are doing in their county…
Jeff President signed off on…the budget on June 27th. I want to show you a pattern here…Issue number 4781 published in the Gazette on July 1st 2024…then…they skip issue number 4782 and advance to 4783…published on July 8th. We believe the Gazette issue number that is missing 4782…is actually the budget itself. They just can’t publish it in the Gazette because right now it’s being deemed or perceived as an unconstitutional law.
Samson Article: “IMF: Iraq increases its gold reserves to 148 tons” Quote “Data from the International Monetary Fund showed an increase in gold reserves in Iraq…Iraq increased its gold holdings by 2,644 tons to 148,305 tons in May 2024.”
Walkingstick There’s absolutely nothing getting in the way of this monetary reform. Announcement to the Iraqi citizens as promised by Sudani and Alaq.
MarkZ [via PDK] Question: …should we be on stand by for Notification today? MarkZ: It’s absolutely possible. I would not rule it out.
Clare Question: “Any idea on how long this 3rd meeting / WTO ACCESSION period will last?” NO, I HAVE NO WAY OF KNOWING… BUT IN MY OPINION, THEY REALLY ARE TRYING TO GET IT DONE AS QUICKLY AS POSSIBLE. HOWEVER, THEY ARE TELLING US IN
ARTICLES NEXT MEETING IS 1ST QUARTER OF 2025, BUT THINGS CAN ALWAYS CHANGE.
Militia Man I think Iraq’s pretty hot right now… Sudani…is kicking butt and taking names…Everybody’s got an interest because the Development Road Project is going to provide a lot of opportunities for a lot of different people in the region. The world has realized how far along he is… Sudani is knocking out of the park…He’s setting the stage or the development road project to begin. It’s starting up on fire. It’s going to be great.
Frank26 The direction that the monetary reform is going is in the direction to add value and introduce new lower denoms and to change the exchange rate and then to float. That’s the step we’re in. We’re not in a step where we need to pass laws. We’re not in a step where we need permission from anybody over there, over here, over there – United Nations Security Council, the Untied States Treasury, nobody. We’re at the point where Neil Armstrong is just about to put that right foot on the moon.
Mnt Goat [Post 1 of 2……] Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we know it prior to 1990. Prior to 1990, the rate of the dinar was hovering around $3.22. So why are they still artificially suppressing the rate now? Now, it’s 1/6 of a penny? The war has been over for 21 years, all of Chapter VII sanctions are lifted a year and a half ago, Iraq is producing 1/3 more oil than in 1990, their monetary reserves are the highest in history, up to 150 tons of GOLD and many more other marketable assets are now in motion...
Mnt Goat [Post 2 of 2] Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place…I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online now. This is especially true for attracting foreign investors… my CBI contact told me…why the Project to Delete the Zeros is stalled. I will not get into details of these reasons…as I feel we must just buckle down and wait for this Biden administration to end, at least the part that is controlling the US Treasury and pretending to work with Iraq…the RV happening while the democrats are in power is slim to none! I have strong knowledge from my CBI contact this is what has been holding up the RV. The US Treasury will NOT release it…
MarkZ [via PDK] …I very much think they [Iraq] have done everything they needed to do…I am still hearing July is very much still in play.