Frank26 Question: “When they release the new rate in country will it be international? Will we be able to exchange or will there be a delay in between?” When the CBI releases the new exchange rate, that’s it. It’s automatic. There’s only one exchange rate. There aren’t two…
Bruce [via WiserNow] from Iraq, from the source in Fallujah and this source was saying that we would have the Iraqi 2024 budget in the gazette over this weekend, that would be Saturday or Sunday.
Samson Article: “Iraq and Britain discuss preparations for Sudan’s visit to the United Kingdom and ways to enhance partnership and cooperation between the two countries”
Militia Man This isn’t the old days. It’s a progress of education that they are teaching us and they’re teaching their people. They’re telling the world what they’re doing. The ‘big money’, they know how this is rolling and they can see this…These are the things…we should feel good about because this is showing us big things are happening.
Frank26 Article “Cancellation of Paragraph ( 5 / d ) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms“. INTRODUCING THE LOWER NOTES!
Clare Article: “The President of the Republic approves a number of laws, including the 2024 budget schedules” Quote: “The President of the Republic, Abdul Latif Jamal Rashid, ratified a number of draft laws, which are the schedules of the Federal General Budget Law for the year 2024…The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae’ to enter into force.”
Mnt Goat …it is nearing the end of June already…Recently we witnessed a surge of news from many of the prominent global entities including the UN, World Bank, IMF and the EU. All of them praising Iraq and giving “kudos” to them for the hard work and achievements. Today is not different as the articles once again tell the RV spigot is wide open to the RV.
Kaperoni Until Iraq creates such conditions, passes laws, encourage investment, and Iraq begins to diversify away from dependence on oil, nothing will happen with the Iraqi dinar.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying parliament committee is saying there is a new number in the budget. They just admitted we have a new exchange rate and they say they want to be in charge of it, that they want to control, they want to put some votes…Saying the budget has numbers that will change and that’s unconstitutional without another reading…It is a 15 day appeals process…
Holly …based on Iraq’s progress things are definitely on track to being done…I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when…We are definitely in the end time of all of this.
MarkZ [via PDK] …the chatter is screaming “now” and I continue to hear from bankers to watch for it between July 4th to the 8th… Iraq has been very clear that they are moving toward that direction. I can’t imagine they would keep all that security stationed at ATMs around the country for long. I look for something to happen sooner rather than later.
