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Mnt Goat News Brief 7/14/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat News Brief 7/14/20

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Mnt Goat News Brief 7/14/20 Empty Mnt Goat News Brief 7/14/20

Post by RamblerNash on Wed Jul 15, 2020 10:17 pm

Hi Everyone,

I bring you lots of good news today.  

The news of this period is all about (of course) the corrupt currency auctions and it impact in causing the financial crisis. So we definitely know they know about this corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long?

Also, we are hearing now that al-Kazemi is taking action (finally) over the protection of the funds from boarder crossing and the mafia gangs who are stealing. Many articles on this effort in the newsletter. I recommend you read each one to learn about this situation and why it is such a problem. Also on just how much is stolen as a result. We have heard about this corruption for years, yet no other prime minister seemed to want to do anything about it. This is all yet more signs that perhaps Al-Kazemi may in-  fact be the 3r miracle we have been waiting on for Iraq.

So, this period the European Union (EU) had made a decision to continue to include Iraq in the list of countries that pose financial risks to the European Union, due to a deficiency in the fight against money laundering and terrorist financing. Again, also more objections to the currency auctions preventing investors from the EU coming into Iraq. Very good article in today’s news explaining why. This is not to be taken lightly. The EU can be a HUGE trading partner with Iraq. Just think of all the open markets within Iraq when they finally get off their asses and realize their own potential.

If I was to summarize today’s news, I would say its all about the currency auctions and the corruption involved and how it is prohibiting Iraq from attracting outside global investors, thus the capital it needs to rebuild and develop Iraq. But we already knew this…didn’t we?

And so, Iraq has been reporting on this currency auction corruption now for years and so why does it continue?

The currency auctions MUST continue until Iraq is given permission to reinstate their currency. This is how they pay their bills for imports. Is therie another way? NO! So, until they can use the dinar to pay for imports and the dinar is desirable and the ease of transfer of money in and out of Iraq can take place (meaning none to little restrictions) investors will NOT flock to Iraq. This is the key!

What will come first the horse or the cart? In other words, will the PTB STOP the currency auctions and then pull the trigger on the dinar first and reinstate the currency, in the hopes it will revive investors incentives to come into Iraq? They will also have to lift many of the sanctions on the dinar.

Oh, but can they do this without funding more terrorism?

Listen folks we all know these currency auctions are now a joke. They were meant to stop money laundering to terrorists but instead only encouraged it since they provided US dollars which are much more valuable and desirable then the Iraqi dinar. Get it? So actually if you look at it from a terrorist funding perspective they would be much better off using the dinar and not the US dollar.

But do trading partners want the Iraq dinar?

They already told us weeks ago that they are going to begin using the dinar to pay for imports. Remember? Was this just talk then or are they actually going to commit to doing it? So obviously trading partners in the middle east are okay with accepting the dinar and all agreed to it. But what about Europe, the west and far east? Well we hear from Europe in today’s article and so we know how they feel. We know China is okay with the dinar too. We are waiting for the US to lift the sanctions or not and tell us why they intend to keep the sanctions going if not lifted.

These are hints to us as to how long we have to wait to see our RV. This is FACTUAL not some GCR, NESARA or GESARA bullshit these idiots keep pushing out! Get it? Let’s stick to the FACTS not rumors or opinions.

What to look for next:

I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July.

So we can expect to see articles on this subject matter within the next weeks. This is something we should look for. In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.

Remember the plan?

This is a multi- stage process and I have gone over this with everyone before in my newsletters. Let me refresh your mind now.

1.first to drop the three zeros .00083 turns to .83 cents,

Example: drop the three zeros from the currency 25,000 dinar notes turns to 25 dinar as the lower dinars are distributed.

2.the CBI will monitor this process closely for inflation. If all goes well within a couple days to a few weeks they will reinstate the dinar. In the meantime, they will also revalue the dinar within Iraq In other words .83 cents must go over $1.00 to make this successful and allow a higher demand and use of the dinar over the US dollar.

3.Reinstatement on FOREX and other currency exchanges.

4.We go to the bank.

So yes, possibly this all could be over BEFORE the end of the year (if) all goes right!  

More news….

If you really know me, then you know I do not like to bash people. So, when I do, I REALLY have a VERY good reason. Normally it is because someone has overstepped reality and is deceiving and lying to you. I don’t care if this is intentional or just their true and honest opinion. The FACT is, it is not correct and so I have to come on and correct their stupidity. I have to help you understand and not accept this garbage because it deflects from the TRUTH. Get it?

So, another case of stupidity on this guy calling himself Wang Dang. This guy has been around for awhile and sings his tune on Sunday nights intle conference calls. But since January he has been saying and I quote “it won’t be long- not months or weeks but days”. But it’s almost mid July already Wang?

Then when people challenge him and ask for explanations, he cuts them off the call. He is telling everyone that all the budgets since 2003 to 2013 have not yet been opened. Really? Then how in hell did they pay the salaries and retirements if there was no money and no budget? Does he even know about the DFI funding and how all this was working?

So, let me explain it. Any budget had to be submitted and pre-approved prior to receiving the amount of funds to be released frrm the DFI. These are banks in the US who control the oil revenues. Remember the petro-dollar?

So, since Iraq declared themselves a “sovereign” nation they now can access the oil revenues directly from the DFI themselves. They no longer actually now need an approval for the IMF and the US Treasury of a budget to release the funds. But the funds are still paid to the DFI when oil is sold.

This is what has caused the major corruption and free-for-all of these funds. Ok so the funds are still supposed to be safeguarded and deposited in the Central Bank of Iraq from the DFI. This is a control put in place. Then the funds are allocated according to the annual budget. The CBI is only supposed to release the funds to the appropriate ministry based on paperwork submitted by the ministry. Yes, there is an audit trail.

So, can you see how they can get around this process by:

1)not having a budget in place;

2) simply stealing money out of the CBI by way of the currency auctions

Also, these Iranian mafia-like gangs found that all this revenue from the border crossing, port of entry customs and tariffs is easy picking. This money never even makes it to the CBI.

Now al-Kazemi is trying to clean up all this corruption and we see him  actively working at the ports and borders to do clean it up and provide the security needed to take back these revenue generating entities.

He must be doing something right because now Nori Al-Maliki’s gang of FAKE news media (much like the democrats in America) is now printing fake articles to bash Al-Kazemi and his efforts. So, this is a good sign not a bad sign for us.

Again, I am telling you that they need to implement the electronic collection system they already have in place to track the funds and to collect them.  Remember months ago I presented this info to you .,.,,.,. well many of the crossing points still have not implemented the system. Why? The mafia like gangs do not want them to and they control it. So, Al-Kazemi’s first step is to get these revenues into the GOI. We also know that currency reform is high on his list too and he is working aggressively with the finance ministry and the CBI on this topic. I am hearing maybe even a short window of opportunity in early August to push this through. I will keep you informed.

Remember that like in the US also in Iraq the corruption has been allowed to get so wide spread and there is so much to clean up that it takes time but it can be done. The best part is Iraq under prime minister al-Kazemi is like the US under President Trump to continue this process of anti-corruption.

More new….

It is expected that Prime Minister Mustafa Al-Kazemi will visit Washington, DC, in the next few days, during which he will head the Iraqi side in the second round of the strategic dialogue between the two countries.

More news….

DEPUTY: NO AGREEMENT BETWEEN BAGHDAD AND ERBIL WILL SUCCEED WITHOUT PASSING THE OIL AND GAS LAW.

Deputy of the state of law, Kata al-Rikabi, affirmed on Sunday that no agreement could be implemented between Baghdad and Erbil without passing the oil and gas law, indicating that the controversial laws disrupted the political process in Iraq .

Al-Rikabi said in a statement to "information" that "dozens of controversial laws between political forces, which have hindered the political and development process in Iraq because of the differences of the various parties."

He added, "Any agreement between Baghdad and Erbil will never be successful without adopting the oil and gas law that has caused billions of dollars in waste."

(Mnt Goat – Oh but these gurus keep telling you that HCL is “all done”. Really? Then what the hell is this article? Enough said…, remember HCL is complicated and multi-faceted. So it takes time to implement it and get all the parties to agree. So what is the bulk of the open issues then?

The bulk of the problem is that when the GOI is late in funding the 17%, as greed to for Kurdistan KRG, the KRG then simply sells oil out the “back door”. This is not supposed to happen according to HCL but they do it anyway and have a justified reason to do it. This is why the IMF keeps telling Iraq to pay its bills on time.)

More news….

FINANCE COMMITTEE ANNOUNCED THAT  SALARIES OF EMPLOYEES AND RETIREES FOR MUST BE PAID ON TIME

Baghdad/Al-Zawraa:

The Parliamentary Finance Committee announced that it will ensure the liquidity of the salaries of employees and retirees for the coming months.

The committee's rapporteur, Ahmed al-Saffar, called on the government to "commit the government to pay salaries on time, especially since there is liquidity of 8 trillion dinars provided from the internal loan," he said.

He explained that "salaries in general is a contract issue during which employees comply with their duties in exchange for the payment of their salaries on time by the government," expressing the hope that "the Ministry of Finance will do its duty, and distribute the salaries of this July before Eid al-Adha."

More news….

THE IRAQI CENTRAL BANK DISCUSSES LINKING BANKS TO THE MULTI-CURRENCY “STRUCTURES” PLATFORM

Baghdad – Mawazine News

The Central Bank of Iraq discussed, on Monday, the plans of action of banks operating in Iraq, to ensure that IT IS EASILY LINKED TO A MULTI-CURRENCY “STRUCTURES” PLATFORM.

A statement issued by the bank / Mawazine News / a copy of it stated, “The Central Bank of Iraq, in cooperation with the Arab Monetary Fund, organized a workshop for banks operating in Iraq to participate in the platform.

Full article in today’s articles section below.

(Mtn Goat – Folks, this is WOW news!)

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Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets (  ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks.

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Articles Begin

THE IRAQI CENTRAL BANK DISCUSSES LINKING BANKS TO THE MULTI-CURRENCY “STRUCTURES” PLATFORM

July 13, 2020 Walter

Baghdad – Mawazine News

The Central Bank of Iraq discussed, on Monday, the plans of action of banks operating in Iraq, to ensure that IT IS EASILY LINKED TO A MULTI-CURRENCY “STRUCTURES” PLATFORM.

A statement issued by the bank / Mawazine News / a copy of it stated, “The Central Bank of Iraq, in cooperation with the Arab Monetary Fund, organized a workshop for banks operating in Iraq to participate in the platform, this came after the announcement of the launch of a platform for Arab payments of the Regional Foundation for the Clearing and Settlement of Arab Payments, which It is managed by the Arab Monetary Fund and preparations are made for this bank and a number of local banks for direct participation in the platform.

The statement added, “The workshop discussed the proposed banks ‘business plans and touched on the technical requirements and the steps REQUIRED TO ENSURE THAT THEY ARE EASILY CONNECTED TO THE PLATFORM AND TO KNOW THE BANKS’ READINESS TO DO SO.”

THE “BANI” PLATFORM REPRESENTS A MULTI-CURRENCY PAYMENT PLATFORM THAT PROVIDES CLEARING AND SETTLEMENT SERVICES IN ARAB CURRENCIES AND INTERNATIONAL CURRENCIES that meet the eligibility requirements, to clearing and settling inter-Arab financial transactions as well as financial transactions between Arab countries and the main trading partners of Arab countries.

It aims to enable financial and banking institutions in the Arab region, including central and commercial banks, to send and receive inter-payments in all parts of the Arab region and outside in a safe and reliable manner at an appropriate cost and high efficiency, in addition to that THE BANI PLATFORM PROVIDES PARTICIPANTS WITH MODERN PAYMENT SOLUTIONS THAT ARE IN LINE WITH STANDARDS AND PRINCIPLES INTERNATIONAL AND INTERNATIONAL COMPLIANCE REQUIREMENTS.

(Mnt Goat – they would not be doing this unless they plan on using the dinar outside of Iraq and with Europe.  Bani platform provides participants with modern payment solutions that are in line with standards and principles International and international compliance requirements.)

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COMMITTEE: THE AUCTION OF THE SALE OF THE CURRENCY HAS BECOME A HOME OF ATTRITION AND AN INCUBATOR FOR MONEY LAUNDERING AND WE PRESENT THESE PROPOSALS

The House Economics and Investment Committee said Thursday that THE CURRENCY AUCTION HAS BECOME A HOME TO HARD CURRENCY DEPLETION AND AN INCUBATOR FOR MONEY LAUNDERING, WHILE PUTTING FORWARD A NUMBER OF PROPOSALS.

"It is necessary to review the mechanisms and controls of the currency auction to save public funds from the acquisition of corrupt people and the sale of public funds, and the window of the foreign exchange auction was a home to the depletion of hard currency and an incubator for some money laundering practices," said committee member Mazen al-Vili.

He added: "Estimates by observers and officials indicate that the value of what has been sold in this auction in this auction over the past 15 years is more than 300 billion dollars - according to the report of the Parliamentary Finance Committee for the third session - most of which came out of Iraq without significant benefit in the development of the productive economy of the country."

He continued: "By calculating the losses incurred by the reserve as a result of these practices and benefiting speculators and intermediaries of illicit trade, if sales at a rate of (180) million dollars per day and more than half of them are not used in actual import activity, this means that nine typoa nine million dollars per day goes to the benefit of the opportunists and the total profits of nearly two billion dollars a year, which is a very large amount, especially if we know that it has been wasted for many years."

"Therefore, REVIEWING THE MECHANISMS AND CONTROLS OF THE CURRENCY AUCTION IS A NECESSARY REFORM REQUIREMENT TO SAVE PUBLIC FUNDS FROM THE ACQUISITION OF CORRUPT PEOPLE AND THE PUBLIC MONEY LAUNDERER AND WE PROPOSE A SET OF PROCEDURES:

- The formation of a high-level professional committee with the powers to investigate the activity of the currency auction for previous years and recover all the money acquired by speculators and influential in the political scene, which will not be less than (18) billion dollars according to the estimates of observers.

Restricting the sale of hard currency with restrictions and conditions to ensure the revitalization of the productive national economy and meet the necessary needs of citizens, and it is not right to be sold to all those who requested it.

- Checking the documents that require the transfer and verifying that banks are free of any problems related to their capital, and that this is done before any sale of hard currency.

- Control and control of the currency market to prevent any discrepancy between the official price and the market price to prevent the smuggling and money laundering, and to hold accountable all the middle circles that cause the events of this disparity in the two prices.

- The imposition of customs duties and the fulfil ability of imported traders in a tribal manner and when selling the dollar to prevent manipulation that may occur in reducing those customs duties or tax at border crossings.

- It is assumed that the central bank will hand over the dollar if the trader presents his trade lists with the dollar request.

- Banks participating in the currency auction must engage in productive economic activity by supporting private enterprises and their work should not be the parasitic acquisition of profits from the sale of the currency only and otherwise prevented from participating in the currency auction.

(Mnt Goat – this article is all just another attempt to placate the investors that want to come into Iraq and assure them the currency auction reforms are under way. The article comes out on the cusp of the EU article (see below) that condemns the currency auctions as the root of corruption in Iraq and thus decision to include Iraq in the LIST OF COUNTRIES THAT POSE FINANCIAL RISKS TO THE EUROPEAN UNION, DUE TO A DEFICIENCY IN THE FIGHT AGAINST MONEY LAUNDERING AND TERRORIST FINANCING. In summary it is just more talk and only more talk. They need to end the auctions and they know it. )

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GERMAN FOREIGN MINISTER HEIKO MAAS PLEDGED TO WORK TO REMOVE IRAQ FROM THE EUROPEAN BLACKLIST

On Sunday, German Foreign Minister Heiko Maas pledged to work to remove Iraq from the European blacklist on money laundering and terrorist financing.

This came during a telephone conversation between the Iraqi Foreign Minister Fuad Hussein and his German counterpart Maas, according to a statement issued by the Iraqi Foreign Ministry.

The statement stated that the two sides "discussed the bilateral relations between the two countries and the prospects for upgrading them to what meets the aspirations of the two friendly peoples."

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THE ANTI-MONEY LAUNDERING OFFICE ISSUES A STATEMENT ON THE EUROPEAN DECISION: IRAQ NOT REMOVED FROM THE LIST OF HIGH-RISK COUNTRIES

7/20/2020 

Baghdad / Obelisk: The Anti-Money Laundering and Combating the Financing of Terrorism Office in Iraq, on Thursday 9 July 2020, ISSUED A STATEMENT REGARDING THE DECISION OF THE EUROPEAN UNION COMMISSION TO CONTINUE TO KEEP IRAQ IN THE REVISED LIST OF HIGH-RISK COUNTRIES ON MONEY LAUNDERING AND TERRORIST FINANCING.

(Mnt Goat – Are you about to ask me if this could impact Iraq and getting permission to reinstate their currency?

Yes, it could but remember the EU does not control it. The reinstatement is a matter of the World Bank, IMF and the US Treasury. The real question is this – will the US treasury lift the sanctions on the Iraqi dinar and thus let it trade globally (reinstate it) in spite of EU objections? But remember who controls the EU? It is the globalist elite who want the UN Agenda 21 doctrine for the world. So, if the US wants to develop Iraq as a peaceful trading partner and bring US investments into Iraq (big $$$), then the EU may not want this so much as it is against any US expansion. The EU under the UN wants the US as another puppet state of the UN.)

A statement of the office mentioned to the “obelisk” stated that the efforts made to remove the name of Iraq from the European list of high-risk countries are still ongoing since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the International Financial Action Group FATF.

He added that in 2018, after meeting many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the NAME OF IRAQ WAS REMOVED FROM THE INTERNATIONAL LIST OF THE FATF GROUP TO ESCALATE THE IMPACT OF THAT EFFORT AND COHESION IN ORDER TO ACCELERATE THE REMOVAL OF HIS NAME FROM THE EUROPEAN LIST THROUGH COMPLIANCE THE FULL EUROPEAN STANDARDS IN THIS FIELD, and Iraq has continued, through high-level coordination between its government agencies to develop anti-money laundering and terrorist financing measures by issuing regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to uncovering this type of operation in addition to entering into bilateral and multiple treaties The parties are concerned with international cooperation in combating these crimes.

The statement pointed out that the continued inclusion of Iraq in the European Union list was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the Iraqi situation in the field or communicate with Iraq directly, and that this reason it was not a technical or acceptable reason for the continued inclusion of Iraq in this list. The Ministry of Foreign Affairs and the Ministry of Finance took the initiative to send letters of protest against the European Commission’s recent recommendation not to remove Iraq from the list.

He continued: The Anti-Money Laundering and Terrorist Financing Office also continued to hold meetings with the relevant authority in the Commission to explain and PROVIDE EVIDENCE THAT IRAQ FULFILLS THE REQUIREMENTS AND STANDARDS OF THE EUROPEAN UNION IN THE FIELD OF COMBATING MONEY LAUNDERING FINANCING TERRORISM.

(Mnt Goat – its all about the currency auctions. Go global with you currency and what are you waiting for…? Get it? )

He pointed out that it is important to point out that the last recommendation of the European Commission has not yet entered into force and that IT DOES NOT MEAN PREVENTING DEALING WITH IRAQ, BUT RATHER IS LIMITED TO APPLYING DUE DILIGENCE TOWARDS FINANCIAL TRANSACTIONS THAT IRAQI INSTITUTIONS ARE PART OF, and that the extraordinary efforts made by many government agencies recently contributed In communicating the voice of Iraq and its real efforts in this field, it is hoped that the European list will be reviewed soon, and that the name of Iraq will be removed from it.

The Minister of Foreign Affairs, Fouad Hussein, had expressed Iraq’s DISAPPOINTMENT AT THE DECISION OF THE EUROPEAN UNION COMMISSION TO INCLUDE IRAQ IN THE REVISED LIST OF HIGH-RISK COUNTRIES REGARDING MONEY LAUNDERING AND TERRORIST FINANCING.

In his letter to his European counterparts, Hussein expressed his surprise at the justification given by the committee for its decision on Iraq, and disclosed by saying: Our competent authorities have been working closely over the past two years to provide the necessary and relevant information through official channels on meeting the requirements of the European Union to combat money laundering and financing Terrorism.

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BANK TRANSFERS UNDER THE HAMMER OF CHECKING THE SOURCES OF FINANCING AND COMPLEX PROCEDURES AFTER IRAQ WAS INCLUDED IN THE FINANCIAL RISK LIST

Economic experts said, Thursday, July 9, 2020, that the European Commission’s decision to include Iraq in the LIST OF COUNTRIES THAT POSE FINANCIAL RISKS TO THE EUROPEAN UNION, DUE TO A DEFICIENCY IN THE FIGHT AGAINST MONEY LAUNDERING AND TERRORIST FINANCING.

It will make the FINANCIAL TRANSFERS TO IRAQ GO THROUGH A SERIES OF CHECKS AND REQUESTS EVIDENCE OF THE LEGITIMACY OF THE TRANSFER and the source and purpose of the funding, WHICH HINDERS THE PROCESS OF THE FLOW OF FUNDS NECESSARY TO DEVELOP INVESTMENTS IN IRAQ.

And a report by an American website quoted specialists and economists said THAT THE INCLUSION OF IRAQ IN THE EUROPEAN LIST WILL LEAD TO THE POSSIBILITY OF IMPOSING MORE RESTRICTIONS ON FINANCIAL TRANSFERS TO AND FROM IRAQ, making it difficult for Iraqi and European investors to work in the countries that are already suffering from a severe financial crisis.

The Iraqi economist, Salam Al-Rubaie, said that the EUROPEAN REGULATION IS NOT SANCTIONS AS MUCH AS RESTRICTIONS, indicating that the issue of money laundering and terrorist financing is a very sensitive issue in the global financial system.

He added that THE NEW RESTRICTIONS MEAN THAT FINANCIAL TRANSFERS TO AND FROM IRAQ WILL GO THROUGH A SERIES OF SCRUTINY AND REQUEST EVIDENCE OF THE LEGITIMACY OF THE TRANSFER AND THE SOURCE AND PURPOSE OF THE FINANCING, which would DISRUPT THE FLOW OF FUNDS NECESSARY TO DEVELOP INVESTMENTS IN IRAQ.

The economic expert, Hassan Al-Asadi, said that financial transfers to Iraq will be subject to more severe and more bureaucratic conditions, which will RAISE THE COSTS OF THE TRANSFER AND THE COSTS OF CREDIT, adding that COMPANIES THAT WANT TO INVEST IN ANY COUNTRY TAKE FINANCIAL AND SECURITY INFORMATION FROM THEIR GOVERNMENTS, AND THIS MEANS THAT INVESTMENTS IN IRAQ WILL BE DIFFICULT AND PERHAPS NOT POSSIBLE IF THE EUROPEAN UNION GOVERNMENTS WILL INFORM THEIR COMPANIES OF THE SITUATION IN IRAQ.

Al-Asadi explained that the ISSUE OF THE CURRENCY AUCTION MAY BE ANOTHER REASON IN THE EUROPEAN CLASSIFICATION, because the banks are involved in the currency auction and the transfer of large funds out of Iraq, and this is a LARGE POTENTIAL CHAPTER FOR THE TOPIC OF MONEY LAUNDERING especially that the banks participating in the currency auction do not provide banking services to the Iraqis and their activity is limited to profiting From the currency auction.

(Mnt Goat – no doubt about it, not maybe!. Actually what the EU is asking Iraq to do is to legitimize their currency and reinstate it on the global exchanges))

He pointed out that the foreign minister should not express his surprise at Iraq’s position on this list because the Lebanese financial crisis has revealed the presence of BILLIONS OF DOLLARS OF IRAQI OIL MONEY PLACED BY THE KURDISTAN REGIONAL GOVERNMENT IN LEBANON’S BANKS without the knowledge of the Iraqi government, and this process may have thrown more of question marks on the Iraq financial file, and the Minister of Finance was director of the President's office.

(Mnt Goat – I have been telling everyone for a long time that Kurdistan is not innocent and stealing oil from Iraq behind the GOI backs)

And the CENTRAL BANK OF IRAQ IS AUCTIONING TO SELL THE US DOLLAR AT REDUCED PRICES IN ORDER TO MAINTAIN THE STABILITY OF THE DOLLAR PRICE in the Iraqi market and reduce it, but this process is facing widespread and continuous criticism because it causes "the hard currency to bleed abroad", and encourages import at the expense of local production Under European Union laws, banks, other financial companies, and tax companies are obligated to have more careful scrutiny of their customers who have dealings with the countries on the list.

And PUT IRAQ ON THE LIST OF COUNTRIES THAT HAVE WEAK FINANCIAL SYSTEMS TOWARDS COMBATING MONEY LAUNDERING AND TERRORIST FINANCING in February of 2019, and the Union confirmed its position in the same list last May, and according to the statement issued the list it aims to protect the financial system of the European Union by improving the prevention of money laundering and the risks of financing terrorism.

(Mnt Goat – So here we go again. Yet another article telling us that Iraq must STOP these currency auctions if they are to be successful and bring in investors. This is a good article because it makes many points why.)

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IRAQ NEEDS ANOTHER 28 BILLION DOLLARS TO SECURE EMPLOYEE SALARIES

A member of the Parliamentary Finance Committee said, on Thursday, that Iraq STILL NEEDS $ 28 BILLION TO SECURE EMPLOYEE SALARIES UNTIL THE END OF THE CURRENT YEAR 2020.

The Iraqi government is struggling to secure employee salaries and other operating expenses due to the collapse in oil prices due to the Corona pandemic, which has paralyzed large sectors of the world economy. THE COUNTRY RELIES ON REVENUE FROM THE SALE OF CRUDE TO FINANCE 95 PERCENT OF THE COUNTRY'S EXPENDITURES.

The salaries of government employees in Iraq were delayed by about ten days after their usual launch date. "THE CENTRAL BANK HAS SECURED THE SALARIES OF EMPLOYEES FOR THREE MONTHS, WHICH ARE JUNE, JULY, AND AUGUST, according to the local and foreign borrowing law," committee member Jamal Cougar told Shafaq News.

He pointed out that the monthly salaries of employees are estimated at $ 5.5 billion. Cougar added, "The government needs $ 28 billion to secure employee salaries from June to the end of 2020." And that "the money is divided into 18 billion dollars from domestic and foreign borrowing, and the rest of oil revenues."

(Mnt Goat – yes the show is not over until the fat lady sings…lol..lol..lol..)

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AL-KAZEMI: THE RESTORATION OF THE LAW AND THE LAW STARTED WITH THE CROSSING OUTLETS. THE TIME FOR WASTING THE MONEY IS GONE!

The Prime Minister and Commander-in-Chief of the armed forces, Mustafa Al-Kazimi, confirmed on Saturday that the stage of restoring order and law in the border crossings has begun, and the time for wasting money has gone out of place.

Al-Kazimi said, during his visit to the Mandali border crossing with Iran, according to his media office, that “Mandali’s outlet is one of the important outlets, but it has turned into a den and a crossing for the corrupt.”

He added, “THE TIME FOR WASTING MONEY HAS GONE OUT OF PLACE, AND TODAY WE ARE LAUNCHING A NEW PHASE,” noting that “the port is under the protection of our military forces, and IT HAS THE RIGHT TO SHOOT ANYONE WHO VIOLATES THE CUSTOMS CAMPUS.”

He continued: “We will work TO AUTOMATE THE ADMINISTRATIVE ASPECTS OF CUSTOMS to protect public money and fight corruption,” stressing that “there are (ghosts) present in the customs campus that blackmail the merchant and businessmen, and our message to them is that we will track them and rid the ports of them.”

He explained, “THE MONEY IS THE MONEY OF THE PEOPLE, NOT THE MONEY OF THE CORRUPT, AND TODAY IT WAS DIRECTED TO PROTECT THE CUSTOMS SANCTUARY and to proceed with automation procedures and chasing (ghosts),” adding: “Authorities were given to security leaders and the port manager to handle the outlet situation.”

He pointed out, “There are those who try to cover up and protect the corrupt, but we will proceed to restore the prestige of the state and the law, and it is an opportunity to start for the future,” calling for “all Iraqis to join hands to start forward, and we will not stop fighting the corrupt.”

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AL-KAZEMI AUTHORIZES THE SECURITY FORCES TO SHOOT AT THE VIOLATORS OF BORDER CROSSINGS

Today, Saturday, Prime Minister Mustafa Al-Kazemi authorized the security forces to shoot at those who crossed the border crossings, during his visit since Mandali’s border with Iran.

Al-Kazimi stated during his visit to the port, that "the military forces are authorized to shoot at the violators at the border crossings."

He added, "The customs campus is under the protection of military forces."

Al-Kazimi continued, "I asked the head of the outlets to prepare a plan to rehabilitate all the outlets."

Another statement, issued by the media of the Border Ports Authority, was received and received by (Iraqi Media News Agency / conscious).

On Al-Kazemi’s statement, “OUR VISIT TO THE OUTLET IS A CLEAR MESSAGE TO ALL THE CORRUPT THAT YOU DO NOT HAVE A FOOTHOLD IN THE BORDER CROSSINGS as a whole and all departments should work to fight corruption because it is a public demand.

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AL-KAZEMI: THERE ARE MAJOR OPERATIONS THAT WILL BE LAUNCHED IN THE COMING HOURS

Prime Minister and Commander-in-Chief of the armed forces, Mustafa Al-Kazemi, revealed that major operations will be launched in the coming hours at the border outlets.

In statements reported by “Sky News Arabia”, Al-Kazemi said, “The security forces were authorized to shoot at the infringers on the border crossings.”

He added, “The ANTI-TERRORIST HAZE CARRIED OUT AIRDROPS AT DAWN TODAY, AND THE MANDALI BORDER CROSSING WITH IRAN WAS CONTROLLED.”

He continued, “THE JOURNEY TO RESTORE ORDER HAS BEGUN, AND WE WILL NOT ALLOW THE THEFT OF PUBLIC MONEY IN BORDER CROSSINGS,” noting that “major operations will be launched in the coming hours.”

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PARLIAMENTARY FINANCE REVEALS THE NUMBER OF OUTLETS "OUT OF CONTROL" IN THE NORTH AND SOUTH AND STRESSES MONITORING THE CURRENCY AUCTION

The Parliamentary Finance Committee revealed the number of "uncontrolled" outlets in the north and south, while stressing monitoring the auction of selling the currency and where its money is going, in light of the widespread corruption in the country.

Member of the Committee, MP Ahmad Hama told Al-Ikhbaria that the Prime Minister is required today to launch a campaign against the corrupt and INFLUENTIAL MAFIAS THAT CONTROL AND CONTROL THE IRAQI PORTS IN BASRA AND THE BORDER CROSSINGS, AS IT IS THE ECONOMIC FOCAL POINT for Iraq.

He added that "ELEVEN BORDER PORTS IN BASRA AND THE SAME IN THE KURDISTAN REGION OF IRAQ ARE OUTSIDE THE CONTROL OF THE STATE AND NO ONE KNOWS WHAT IS GOING ON IN THEM, especially since the volume of waste in them is estimated at about nine billion dollars annually."

Hama asserted that "THE CURRENCY AUCTION SELLS ABOUT $ 60 BILLION ANNUALLY TO PURCHASE GOODS, BUT IT IS WITHOUT SUPERVISION AND THERE ARE NO CONDITIONS FOR IMPORTING GOODS, which causes waste in imports to reach the billions of dollars that are the right of the people."

It is noteworthy that corruption has been eating away at the state’s body and making it incapable of even paying the salaries of employees, retirees and beneficiaries of social welfare sums, and it seems that THE GOVERNMENT HAS LAUNCHED A CAMPAIGN TO CURB CORRUPTION, BUT IT HAS NOT YET PRODUCED TANGIBLE FRUITS.

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Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) and now the corruption in Iraq have worked. God has guided these young men and women on the battle field. He has guided the honest, patriots of Iraq to fight for their homeland.  So this new war now on our citizens is underway. New battles are raging every day over corruption.  These are battles to save our societies from the corrupt politicians and secret societies who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption and enslavement of people in Iraq and also in the United States. We must pray for our leaders that they may be anointed by the Holy Spirit and guided to do God’s work. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the reinstatement of the Iraq dinar occurs.

PRAYER

PRAYER

“For all leaders of all nations, that they may be anointed by the Holy Spirit to do God’s will and work to bring about abundance and prosperity to their nation. That they may listen to the Holy Spirit for guidance in fighting this war on us. 

To fight this waging war on corruption, our freedoms, our liberties, socialist plans and injustice.

To bring all those corrupt to justice and pay for their crimes no matter how high up in the government or politics they are.

To end the corona virus “man-made crisis” and to awaken people everywhere of the dark side and the tools it will use to gain power and control.

That the FREE WORLD may be a shining example for the rest of the entire planet.

In the name of Jesus Christ our King and Savior, Amen” 

Auf Wiedersehen

Much love to ya all,

Mnt Goat
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Mnt Goat News Brief 7/14/20 Empty Re: Mnt Goat News Brief 7/14/20

Post by Jayzze on Thu Jul 16, 2020 11:30 am

for once i agree with you. if we can get rid of the irian influence and the large corruption or reduce it then i believe they can raise the value and turn iraq into a  world classs country
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