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Mnt Goat Wants Your Money...And News Brief 11/24/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat Wants Your Money...And News Brief 11/24/20

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Mnt Goat Wants Your Money...And News Brief 11/24/20 Empty Mnt Goat Wants Your Money...And News Brief 11/24/20

Post by RamblerNash Tue Nov 24, 2020 9:28 pm

Hi Everyone,

I bring you much news today.  

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.

https:// paypal.me/ MntGoatNewsletter?locale.x=en_US

As usual, remember that for over 7 years, I have taken my own time from my gasthaus business to research and document findings about the revaluation of the Iraqi dinar. Please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Whatever you can afford will be helpful in this time of Covid where nearly 50% of our business is now gone due to travel restrictions.

I hardly have the words to thank everyone who is supporting my newsletter efforts with all your ongoing gifts. Thank You, Thank You and Thank You again. This has made a huge difference in our lives.

More news….

You know I really get a kick out of comments from readers when I post articles or videos about all the corruption going on in our government today.

Comments like and I quote “Outrageous. How did they get away from this in the past?”

How did they get away with it? YOU have to ask this? Wake up!

YOU (yes all of you reading this newsletter today) let them get away with it!!! Get it? That’s how it happened!

YOU and the other citizens of a FREE nation must keep the nation FREE, get involved in the govt and have constant vigilance over the people you elect to govern you. They do not have a blank slate to do what they want. They represent the will of the people. Get it? This is how a democracy works. They work for YOU!

Stop voting for the idiots, do research on them first. Who is working for you? Who is implementing policies and laws to will of society, to benefit our way of life? Who creates abundance and prosperity? Who is God centered?

When they do not follow you will, them get off our asses and protest, throw the bums out, then demand justice and prosecution and equal application of the law when they have committing crimes or doing anything contrary to the fabric of life of the nation. They are not immune to the law. They must be held accountable for their actions. Only then we might have politicians who go into politics to serve the people and not just themselves.

This crap did not start yesterday. They have been getting away with this for very long time, only now they feel they are strong enough to come right out in the open with it. They feel you are not going to do anything or are now helpless to do anything. They have built their empire and corporate, technical and media stronghold.

Think about this - If not for TRUMP who was going to challenge them? Were you? Are you doing this now? Are you actually helping him now?

More news….

NO ONE SHOULD QUESTION THE VALUE OF THE DINAR.

But there is a difference between VALUE and RATE. Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”. He was referring mostly to China, Vietnam and many of the middle eastern countries.

For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013. Go do your research to see the state of Iraq back then.

So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US. There are still corrupt elements  left over from the Obama days that do not want us to have this money. I don’t care what this idiot TNT Tony says. I know the facts about Obama and he is a strong opponent for the “One World Government”. This ideology does not want a wealthy or strong middle or lower class. They want poverty and through shortages and poverty they remain in power. This is how all socialist communists/nazi countries have worked. Get it? Is this too hard to figure out or believe?

So the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and they another attack on the country n 2003. Have you forgotten all this already? So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high. But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change. I hope I explained it simply and clearly but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen. It is not that easy. We must just keep our minds on the target and overall political picture. We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think.

More news….

PARLIAMENTARY FINANCE: IT WAS AGREED TO PASS A BORROWING LAW IN ORDER TO DISTRIBUTE SALARIES

Baghdad today – The Parliamentary Finance Committee announced, on Monday, that it had been agreed to pass a borrowing law for the distribution of salaries.

The committee said in a brief statement, after its meeting with Al-Kazemi, that “the internal borrowing law will be passed in order to distribute salaries.”

(Mnt Goat- so the borrowing law passed parliament and then went to the president to sign. See the next article as he refuses to sign it. Now what?)

More news….

SOURCE: THE PRESIDENT OF THE REPUBLIC INFORMS PARLIAMENT OF HIS REFUSAL TO APPROVE THE BORROWING LAW

A parliamentary source revealed that the President of the Republic, Barham Salih, informed the House of Representatives of his refusal to approve the borrowing law.

The source said that "the position of the Deputy Speaker of Parliament, Hassan Al-Kaabi, came after the President of the Republic, Barham Salih, had been informed of his refusal to approve the fiscal deficit (borrowing) law, due to the paragraph on the Kurdistan region."

More news….

ARAR PORT .. TRANSPORTATION CONFIRMS ITS OPENING NEXT WEEK AND THE SAUDI AMBASSADOR: IT WILL REPRESENT A GOOD LIFELINE FOR THE TWO COUNTRIES

Baghdad Today – The Saudi ambassador to Iraq, Abdulaziz Al-Shammari, said, that the opening of the Arar border crossing represents a good lifeline and a real beginning for distinguished commercial relations between the two countries.

More news….

PARLIAMENT IS CALLING FOR THE GOVERNMENT TO CONTROL THE EXIT OF HARD CURRENCY FROM IRAQ

The First Deputy Speaker of Parliament, Hassan Karim Al-Kaabi, called on the government, on Saturday, to control the exit of hard currency from Iraq.

Al-Kaabi said in a speech to the Council that "the economic situation in Iraq makes it imperative for the government to control its resources, including the exit of hard currency from Iraq. He added, more than one billion dollars is spent by our students studying outside the country because universities do not absorb them.

More news….

THE MINISTER OF FINANCE SIGNS THE LIBERATED AREAS RECONSTRUCTION AGREEMENT WITH THE GERMAN DEVELOPMENT BANK

The Ministry of Finance announced, on Sunday, November 22, 2020, that its minister signed an agreement for the reconstruction of liberated areas with the German Development Bank.

The minister’s media office said in a statement that the Minister of Finance, Ali Allawi, signed in the ministry’s building the liberated areas reconstruction agreement with the German Development Bank, in the presence of the head of the Liberated Areas Reconstruction Fund, Muhammad al-Ani and the German ambassador in Baghdad.

He indicated that the signed agreement included two grants, the first to build fast-track hospitals to support the health system in Iraq to cope with the Corona pandemic, and the second to support the activities of the Liberated Areas Reconstruction Fund in returning the displaced to their homes.

More news….

DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS

(112320)

Recently, a proposal to delete 3 zeros from the Iraqi currency has been put forward to provide a cash value in the Iraqi market in order to face the financial crisis, which has abounded proposals aimed at reducing its effects, especially with regard to low oil prices and the lack of liquidity in the state to finance basic salaries and expenditures.

Full article is in the below articles section.

*************************************************************

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

DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS

Recently, a proposal to delete 3 zeros from the Iraqi currency has been put forward to provide a cash value in the Iraqi market in order to face the financial crisis, which has abounded proposals aimed at reducing its effects, especially with regard to low oil prices and the .lack of liquidity in the state to finance basic salaries and expenditures.

The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, said in an interview with (Baghdad Today), that "deleting zeros ".from the currency does not affect financially and does not get the country out of the crisis, and it is only a psychological aspect.

He added, "Deleting zeros will affect the government because it will destroy the currency it has and issue a new currency without zeros, and this will be in printing houses outside the country and this will cost the government a lot, and the current time is not suitable for this procedure as for a member of the Finance Committee, Ahmed Hama, he told (Baghdad Today), "

Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency.

(Mnt Goat - I know for a FACT the new currency is already printed)

He pointed out that "the cost of printing a new currency of different denominations of cash amounts to 60 trillion dinars, and this is difficult for Iraq to bear at the present time, because each denomination or every banknote of the currency requires 6 cents to be issued again.

The Iraqi economist Khalifa Al-Zubaidi says in an article that deleting zeros from the local currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted. For example, deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from old currency.

He adds, "The idea of deleting zeros from the local currency began after the First World War. In 1923, Germany deleted 12 zeros from its currency, followed by Hungary in 1946 by deleting 29 zeros from its currency, as well as China in the same year where 8 zeros were deleted, and in the present day several countries have done such things."

Step like Zimbabwe, Sudan, Venezuela, Argentina, Brazil, Netherlands, Turkey and other countries, according to the University of North Carolina, that 70 countries have done this procedure since 1960, when 19 countries got rid of zeros once and ten countries twice, and it is considered the most country that got rid of zeros is Brazil, where it took this step six times and got rid of 18 zeros, which means that some countries.

They succeeded in this step and other countries failed. Therefore, they took this step more than once without success. Iran may be the last country that decided to delete 4 zeros from its currency after the significant decline in the value of the toman against the dollar, although some believe that there will " .be no positive impact on the Iranian economy because of Economic sanctions imposed on the country.

Al-Zubaidi asserts that "the aim of this step is to control inflation and high prices and facilitate the process of selling and buying, especially when dealing in millions, which creates many problems for citizens carrying large quantities of currencies, difficulty reading .prices, and mathematical errors in reading the large number of zeros, as was the case in Turkey."

In addition to the costs of printing it " He points out that "the Netherlands succeeded in this work in 1960 because it put in place a strict policy to control prices and liquidity. Turkey also succeeded in this measure, with the testimony of the International Monetary Fund, for taking effective measures to combat inflation and was able to raise the value of the Turkish lira through the economic reforms taken by the government in all fields."

It led to economic stability in the country and got rid of printing large numbers of its currency, as well as making it easier for citizens to read numbers and commodity prices. On the other hand, there are many other countries that, when taking such a step, failed to address the economic problem, especially inflation, such as Zimbabwe, Argentina and Brazil, as inflation continued to rise and so.

(Mnt Goat – Iraq does not have a hyper-inflation issue like the rest of these countries. The CBI is able to keep inflation rate at around 2%. So this guy is wrong.)

For not taking correct economic measures, which forced these countries to take this step more than once without any positive results, and some of .them eventually resorted to abandoning the local currency and using hard currencies in local transactions.

He adds, "Therefore, in general, it can be said that deleting zeros from the local currency without meaningful and effective economic reforms in all economic sectors will be negative and have no positive impact on the national economy and does not contribute to reducing inflation, although some may delude that prices have decreased and the purchasing power of the currency.

Accordingly, it can be said that what was mentioned above applies to the Iraqi economy, and this step will have a negative impact if it is not carefully planned and is associated with effective economic measures, revitalizing the national industry and supporting the private sector to .advance the national economy.

*************************************************************

AL-MASHHADANI: THE CURRENCY AUCTION IS CATASTROPHIC AND IS DOMINATED BY CORRUPTION ... AND REVEALS THE MOTIVES OF THE DEMANDS FOR THE DISMISSAL OF AL-HALBOUSI

The former Speaker of Parliament, Mahmoud Al-Mashhadani, described the currency auction as "catastrophic and controlled by corruption whales," while Ghen revealed the motives for the dismissal of Al-Halbousi.

Al-Mashhadani told Al-Furat News that "the currency auction is catastrophic and controlled by corruption whales, and the crisis lies in the choice and the disruptive view of the state, and faith in the state is reflected in the development of military institutions."

He announced, "the formation of a cell of former and current parliament presidents to solve the problems of the Sunni component, and it is trying to solve the problems within the Sunni component that satisfy both parties," noting that "we are with the Sunni component and not with the entity."

Al-Mashhadani added, "We found a solution in the requests to dismiss Parliament Speaker Muhammad al-Halbousi, and most of them are personal, for his seizure of power."

And between Al-Mashhadani "

Regarding his candidacy for the upcoming elections, Al-Shamhadani said, "I do not need to be a representative and my current retirement salary is 9 million dinars," noting that "the multiplicity of candidates wasted the opportunity for Tarmiyah candidates."

He continued, "Prime Minister Mustafa Al-Kazemi's statement regarding salaries, official bankruptcy and justification for failure, and there is no state that borrows to pay the salaries; but the government has no choice but to borrow in the shadow of the financial crisis." It wouldn't be better than him. "

Al-Mashhadani said, "As for the fierce attack against Al-Kazemi, it is purely political, and it is against the escalation of stances and with the solution," noting that "borrowing will continue until the state declares its bankruptcy or reaches a solution."

And continued

Regarding the Sunni endowment, Al-Mashhadani explained, "The endowment has been subjected to violent shocks due to corruption and the Sunnis regard it with a sentimental title, and the resigned Prime Minister, Adel Abdul-Mahdi rejected my nomination to head the endowment."

He noted that "the endowment archive is a trust and should not be tampered with, and we have 15 thousand imams and sheikhs of a silent mosque, and they were supposed to carry the head of the Sunni endowment and throw it in the bin (garbage) because of the looting of the endowment's property." According to him, the former Speaker of Parliament concluded his statement by commenting on the election date set for June 6, 2021, "The elections will take place next October as a general consensus due to the biometric

*************************************************************

IMF - VIETNAM GDP GROWTH TO BE AMONG WORLD’S HIGHEST IN 2020

(11/19/20)

The International Monetary Fund has REVISED UPWARD ITS FORECAST FOR VIETNAM’S 2020 GDP GROWTH BY 0.8 PERCENTAGE POINTS TO 2.4 PERCENT.

VIETNAM’S GROWTH WOULD BE AMONG THE HIGHEST IN THE WORLD, thanks to its successful containment of the Covid-19 pandemic, Era Dabla Norris, mission chief to Vietnam and division chief in the IMF’s Asia and Pacific department, said at the end of her team’s virtual mission to Vietnam from October 15 to November 13.

In October, the IMF had forecast 1.6 percent growth.

Vietnam has benefited from prudent fiscal policies, largely geared toward supporting vulnerable households and firms, Norris said.

Monetary policy easing and financial relief provided by the State Bank of Vietnam (SBV) have alleviated liquidity pressures, lowered the cost of funding and facilitated the continued flow of credit, she said.

She expected a strong economic recovery in 2021, with GDP projected to grow by 6.5 percent and inflation contained at 4 percent.

But these are subject to uncertainties from possible renewed outbreaks, a protracted global recovery, ongoing trade tensions, and corporate distress, which could translate into firm closures and bankruptcies and labor market and banking system strains, she warned.

"Given these uncertainties, being flexible about the size and composition of the policy support will be important. Fiscal policy should play a larger role in the policy mix," she said.

This year, the fiscal deficit is expected to widen due to a decline in revenues and higher cash transfers and capital spending, and so fiscal support should prioritize improvement in efficiency in the short term, she said.

But she suggested that in the medium and long terms the emphasis should be on mobilizing revenues for green infrastructure projects, strengthening social protection systems and safeguarding debt sustainability.

"Monetary policy should remain supportive in the near term. Greater two-way exchange rate flexibility within the current framework would reduce the need to build reserve buffers and facilitate the adjustment to a potentially more challenging external environment."

The IMF also believed that the SBV has struck an appropriate balance between supporting the recovery and banking system resilience.

Close monitoring of risks in the banking sector remains crucial given that capital buffers are weaker than in other regional countries and uncertainties are associated with the economic outlook, it said.

Vietnam also needs to further strengthen its banks’ capital positions and develop its capital markets to improve financial resilience and promote long-term financing, it said. Vietnam should give priority to improving access to land and financial resources, particularly for small and medium enterprises (SMEs), it said.

Establishing an expedited SME-specific insolvency regime would help unlock capital and prevent unnecessary liquidations, while reducing labor skill mismatches and increasing human capital and technology access would boost labor productivity, it added.

LAST YEAR, GDP GROWTH WAS 7.02 PERCENT, THE SECOND HIGHEST GROWTH FIGURE IN THE LAST DECADE, AFTER THE RECORD 7.08 PERCENT IN 2018.

(Mnt Goat – So where is the RV of the Dong?)

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 SAUDI ARABIA ANNOUNCES “MEGA PROJECTS” FOR IT IN IRAQ AND IS GLAD TO OPEN ARAR

The Saudi ambassador to Iraq, Abdul Aziz Al-Shammari, said today, Thursday, that the opening of the Arar border crossing represents a good artery and a real beginning for distinguished commercial relations between the two countries.

Al-Shammari said, in a press statement, that “the outlet will be a tributary to the economy, a door of communication between the two peoples, and support for the arrival of Saudi products to Iraq in the easiest way and at the lowest costs.”

He added, “Iraqi products can enter the Kingdom as well, and the Saudi product instead of entering through neighboring countries will enter directly into the Iraqi market at the lowest cost. All industrial and agricultural products, foodstuffs, and manufacturing industries.”

He continued by saying: “The Iraqi market is open and promising, and all Saudi products are welcome.”

The Saudi ambassador pointed out that “there are giant projects that will be implemented in the next stage, and the presence of a new port in Arar is a tributary for these projects to enter Saudi goods and basic materials for projects that will be established inside Iraq in the fields of mining, energy, oil and agriculture.”

He went on to say, “We and the Iraqi people are optimistic about the port, and it will be a good tributary and witness a very heavy movement, used for import and export, and it will be a distinct outlet.”

For his part, the Iraqi Minister of Transport, Nasser Hussein Al-Shibli, said, “His ministry signed several memoranda of understanding and agreements with the Saudi side during the work of the Iraqi-Saudi Coordination Committee, most notably the agreement to open a new Arar border crossing, which will be inaugurated and operational after (7) days, as well as the conduct of the shipping line between Iraqi ports and Saudi Arabia. ”

On the other hand, sees the President of the Council of Chambers of Saudi Arabia, Ajlan Ajlan, that given the two countries , such as Saudi Arabia, Iraq , and the size of their economies, the economic their integration would represent a major shift and in the interests of both parties.

Al-Ajlan pointed out, in a press interview, that “investors in the two countries have a strong desire to invest and seize opportunities,” adding, “Iraq is looking for strong companies to invest, and Saudi companies have proven their worth in the level and quality of their services. The Iraqi market is large and cannot be underestimated.”

He added, “We have economic and tourism relations between the two sides, in addition to Hajj and Umrah, all of which are matters that the opening of the port will strengthen for the benefit of the two countries’ economies and peoples.”

Ajlan added, “Although the current trade exchange numbers are not large, the opening of the Arar port and the continuous visits between the two countries, especially from businessmen, will lead to a significant increase in economic exchange in the coming period.”

He went on to say: “We expect an increase in a greater pace in the coming period, especially since the Iraqi economy is on the cusp of future growth, and this will benefit the two countries.”

*************************************************************

CENTRAL BANK GOVERNOR MEETS WITH HIS SAUDI COUNTERPART IN BAGHDAD

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, met with his counterpart, the Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed bin Abdul Karim Al-Khulaifi, and the meeting, which included a high-level delegation from both sides, concluded discussions in the field of monetary and banking policies between the two countries.

His Excellency the Governor of the Central Bank of Iraq emphasized in an opening speech of the meeting the possibility of resuming the training of the employees of the Central Bank at the Saudi Arabian Monetary Agency, as well as discussing the developments of the opening of the Iraqi Trade Bank (TBI) branch in the Kingdom of Saudi Arabia and the possibility of increasing a number of Iraqi banks in Saudi Arabia to exchange practical experiences The two sides also discussed developments in the agreement to avoid double taxation between the two countries.

For his part, the Governor of the Saudi Arabian Monetary Agency called for strengthening the relationship between the two countries, especially in the banking sector, pointing out that Iraq is a good arena for financial dealings, expressing his readiness to open more horizons of cooperation in various fields between the two countries Central Bank of Iraq.

*************************************************************

PARLIAMENTARY FINANCE DIAGNOSES THE CAUSE OF CORRUPTION IN THE CURRENCY AUCTION AND IDENTIFIES A PROPOSAL TO ELIMINATE IT

November 22, 2020 Walter

{Baghdad “Al Furat News} The Parliamentary Finance Committee diagnosed, on Sunday, the cause of corruption in the currency auction, while it submitted a proposal to eliminate it.

“There are solutions to reduce corruption and not to end corruption, and there are treatments that can be invested in the interest of the Iraqi currency,” said a member of the committee, Ahmed Al-Hajj, in an interview with Al-Furat News.

He added that “the issue of selling the dollar by the central bank is supposed to take place by the Ministry of Finance, as it is the owner of the money from oil sales and others.”

He pointed out that “the existence of competition between remittance companies and banks and the distribution of which led to the currency auction being a window for corruption, and if we dealt with this issue, it will lead to the elimination of 60 percent of the corruption of currency sales. He explained that “among the treatments is the classification of private banks and linking the currency auction to the General Authority of Customs and the Registrar of Companies and Taxes, and thus we can eliminate 80 percent of corruption.”

*************************************************************

THE APPEARANCE OF MUHAMMAD SALIH: IRAQ HAS A FOREIGN RESERVE SET UP FOR EFFECTIVE SUPPLY IN THE DOLLAR MONEY MARKET

The economic expert confirmed the appearance of Muhammad Salih: "Iraq has a foreign reserve prepared for effective supply in the dollar money market."

He said in a statement to the Iraqi National News Agency ( NINA ): "There is a (latent) foreign reserve and effective supply in the cash dollar market, estimated by some in total at no less than 7-10 billion dollars, which is an overstated amount."

Saleh added, "These sums are the hoard of individuals in foreign currency or their bank deposits in the same foreign currency and are kept with individuals, and most of them are outside the local banking system."

He explained: "These hoardings are sometimes used in settling large internal transactions, such as dealing with real estate, land, transportation, gold, etc."

(Mnt Goat – I have never heard of anyone mention the currency notes that we hold overseas as investors. This is trillions of dinars or more. )

*************************************************************

AL-KAZEMI ADVISOR REVEALS THE REASON FOR STOPPING THE IRAQI-CHINESE AGREEMENT

Mazhar Muhammad Salih, the financial advisor to the Iraqi prime minister, Mustafa Al-Kazemi, revealed the reasons for stopping the implementation of the Iraqi-Chinese agreement "Oil for Reconstruction".

The World - Iraq

Saleh said in a press statement that Al-Kazemi's assertion was clear and clear that the agreement signed between the Iraqi government and the Chinese government credit guarantee institution (Sinosure), which has been in effect since mid-October 2019, is still effective and comes under the title ( oil for reconstruction ), especially Reconstruction in the infrastructure because Iraq badly needs it.

He pointed out that the current year 2020 has witnessed a stumbling block in the implementation of the agreement with Beijing , the first is the closure of the Chinese economy itself and its isolation from the world due to the Corona pandemic , and the other is the non-approval of any new government projects in Iraq (except for ongoing projects) during the current year 2020, and that because of the lack of legislation of any federal budget, including the investment budget.

SALEH ADDED THAT THE FAILURE TO IMPLEMENT THE AGREEMENT, WITH REGARD TO IRAQ, COMES AS A RESULT OF THE EXCEPTIONAL AND DIFFICULT FINANCIAL CONDITIONS DUE TO THE DETERIORATION OF OIL MARKETS, LOW BUDGET REVENUES, AND THE RISE OR BIRTH OF AN UNEXPECTED LARGE DEFICIT FUNDED THROUGH TWO BORROWING LAWS, AND THE MATTER CHANGED THE PRIORITIES OF GOVERNMENT SPENDING THIS YEAR EXTRAORDINARY FINANCE.

He explained that it is certain that the next federal budget, 2021; It will include important investment projects that will be implemented and financed at the expense of the Iraqi-Chinese agreement.

The advisor to the prime minister emphasized that the agreement extends for twenty years, and that the source of funding is part of Iraqi oil exported to China, whose money is placed in an investment fund, and the Chinese government will contribute to providing credit facilities when needed to complete the projects to be approved.

(Mnt Goat – we keep hearing lots of rumors in articles and misperceptions about this Chinese agreement. So here today we get some TRUTH about it and why the new prime minister does not want to do it.)

*************************************************************

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 is working in the battle against the corruption of Iran in Iraq, the corruption of the democrat party in the USA and the corruption of the labor party in the UK. Yes, your prayers ARE WORKING. God has guided these patriotic men and women on this new battle field. It is a battle for the mind filled with propaganda and lies. He has guided the honest, patriots of Iraq, the USA and the UK to fight for their homeland.

So, this new war now on our citizens is underway. 3 corrupt countries, 3 heroic men and 3 miracles. God’s Hand At Work!

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. It is a battle against this crooked idealism of globalization and a One World Government of enslavement.

We must keep praying for the end to the rapid corruption and enslavement of people. 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

“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” 

P.S. (Please if you can – say the rosary every day. You can do it while you take your daily run or walk. You can do while you lie in bed in the morning or nighttime before sleep. You don’t even need a set of rosary beads as you can use your ten fingers ...lol..lol..lol… )

Auf Wiedersehen

Much love to ya all,

Mnt Goat
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