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Mnt Goat Begs For Money...And News Brief 1/5/21 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat Begs For Money...And News Brief 1/5/21

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Mnt Goat Begs For Money...And News Brief 1/5/21 Empty Mnt Goat Begs For Money...And News Brief 1/5/21

Post by RamblerNash Thu Jan 07, 2021 9:42 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….

THE PLAN DOES NOT VARY JUST THE METHODS

I have heard over the years many of these stupid gurus tell you that the RV is “going to happen at a time of confusion”. Really?

So, now we have confusion. What the hell do you call what we had over the last 10 years - a holiday? Lol..lol..lol.. Yes, my hubby and I roll over laughing at this stupidity on these conference calls by Bruce and TNT Tony. Confusion is not a justification for an RV.

Oh – so now that there is confusion this justifies telling people it must be RV time? What a crock of bullshit! How many times over the years have they told us this? Every time there is confusion these stupid intel gurus feed you this line. You actually believe this too? If you are going to believe that the RV is near at hand then believe it for the right reasons and stop all the bullshit and stupidity. I will try to tell you the right reasons and inform you.

I am here today to tell you it’s not meant to be confusing and it’s not supposed to be confusing.

Only these idiot gurus don’t know the TRUTH and what is really happening so out of desperation and nothing else to say they use this lame-brain stupid reasoning. How stupid is this? Really?

The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. The plan does not change, just the methods used to get to the target may vary.

How they do this is situationally. We see this now being carried out as they expected by now, with almost a decade, for the citizens to have turned in these 3 zero notes. But this has not happened. So, what now must they do?

The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash?

Also, they did not also anticipate the level of Iranian influence and corruption in the currency auctions. So, what do they do? They forced the devaluation of the dinar so the profit margin on the auctions is almost null thus the amount of dollars purchased is much lower (actually normal levels needed so support the economy). We hear today in news from Iraq this strategy is working and the daily currency auctions are way down. But how then are the Iraqis buying imports?

We know that the overall amount of dollars sold at the currency auctions in the past decade has been way, way beyond what is necessary to support the economy. Why so much?

The “fluff” is from corruption and falsified documents to get the dollars out of the CBI. We are told this would eventually drain the CBI sooner than later. This new strategy of devaluation of the dinar is working and taking root.

This is the time to do this since price of oil being low and less oil revenues are generated it would not take long to drain the CBI reserves if action was not taken. It has forced them to take action. We also know they intend to someday soon end the auctions and so the banks are encouraged to find other meaningful sources of revenue. In my last newsletter I presented articles about some of these other sources. This was all very good news since it shows us also they fully intend to one day soon end the auctions and use the dinar to buy imports. They can not do this unless they also reinstate the dinar on the global currency exchanges and get out of OFAC sanctions.

I have placed a couple more videos out on FB. Everyone should listen to what these videos are telling us. It is all very important news.

Also please be careful not to “pigeon hole” God into some target event as to when we would expect the tide to turn in Trump’s favor such as what we are now hearing must take place on January 6th with Pence and the senate.

The fact is the election has already turned and the election is for Trump already only not publicized yet. God is taking us through the motions to expose all the corruption and individuals involved so you can see it for yourself. God’s Hand works in strange ways. What we should concentrate on most is his power and glory and let him carry through on his promise to us in this regard. So relax, Trump will carry on for yet another 4 years and in this process more and more of the corruption will be exposed and dealt with. You must stand behind our president and fully support him in this effort to bring these people to justice and end this effort to bring down America.

Please continue your prayers they are working and God hears us. 

More news….

THE DOLLAR IS DROPPING IN IRAQ

January 3, 2021 Walter

{Baghdad: Al Furat News} The exchange rate of the dollar fell in Iraq on Sunday.

The exchange rate on the Al-Kifah and Al-Harithiya stock exchanges in Baghdad was 1440 dinars, or 144 thousand dinars for one hundred dollars.

Yesterday’s price in Baghdad was 1443 dinars.

(Mnt Goat – the CBI monetary strategy is working…. )

More news….

AL-KAZEMI CHALLENGES: EVEN IF THE REVIEWS COST ME MY LIFE, THE REVIEWS WON’T STOP ME

January 2, 2021 Walter

Shafaq News / The Iraqi Prime Minister, Mustafa Al-Kazemi stressed on Saturday that the auctions and parades will not stop his way to reform the country’s conditions, even if that cost him his life.

This came in a speech that bears a lot of challenge to Shiite factions close to Iran that sometimes disregard the state’s official institutions, including the prime minister, and do not obey them.

More news….

JUDICIAL REPORT ON INVESTIGATIONS OF THE CURRENCY AUCTION FILE: INSTRUCTIONS TO COURTS AND ORDERS AGAINST DEALERS

On Monday, a responsible judge revealed that there were significant legal violations and smuggling of foreign currency abroad. 

A report published by Al-Qada newspaper and followed by "Nass", (January 4, 2021), stated that the Judicial Council directed investigation courts to take legal measures against all those who caused damage to the national economy from foreign currency dealers and merchants monopolizing goods and commodities.  The competent judge stated, according to the report, that "the investigation, which reached advanced stages, REVEALED ILLEGAL OPERATIONS, FRAUD AND FRAUD TO PARTICIPATE IN THE AUCTION OF SELLING CURRENCY AND SMUGGLING FOREIGN CURRENCY OUTSIDE THE COUNTRY." 

More news….

IRAQ IS STRUGGLING TO PAY OFF DEBTS AND SALARIES AND PLUNGED INTO AN ECONOMIC CRISIS

The Iraqi market witnessed a major crisis as a result of the current economic crisis. In a report published by the New York Times, Iraq, which is rich in oil, suffers from neglect and corruption, especially after the increase in the dollar exchange against the dinar, which negatively affected the imported electrical service due to non-payment.

The stalls in the Shorja Market are usually crowded with shoppers who buy basic food and household goods, but the corridors were almost empty last week due to the fact that most of the market-goers are government employees who have been deducted from their salaries.

More news….

ADOPTING LOCAL CURRENCIES IN TRADE RELATIONS

Baghdad: Al-Sabah

A member of the Federation of Businessmen Ahmed Masal asked to go to adopt local currencies in foreign trade transactions.

"The completion of trade with regional countries and beyond is important and facilitates the smoothness of trade performance and is supported by many countries in the world," he said.

Transit trade

"There are international agreements regulating this type of cross-border trade because of the benefits it brings to various economies of the world, and from countries that adopt this type of trade, Malaysia has with its neighbours and other countries," he said. China relies on many foreign projects, primarily Japanese, using the local Chinese currency (yuan) as a means of settling urgent payments and obligations, which are less vulnerable to fluctuations in the process in foreign exchange rates and avoid the margins of difference required by the dollar transfer process.

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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

IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY.

The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars.

(Mnt Goat – so once again here it is in black and white in the news, in your face. It is what I have told you as to one of the reasons why the devaluation of the dinar. Do you believe me now what they are doing?)

Simultaneously, Iraqi banks have undertaken additional measures to optimize the Iraqi economy. In the past weeks, government banks intensified calls for citizens to deposit their money in their bank branches instead of hoarding it at home.

Local media published calls by Rasheed Bank and Rafidain Bank along with the interest rates they pay for deposited money. In less than a week, state-owned Rafidain Bank raised the interest rate on deposited money from 4% to 5% so as to encourage people to deposit funds in Iraqi branches.

Rasheed Bank, however, is paying a 7% interest rate on fixed deposits for 2.5 years.

Rasheed Bank’s offer involves individuals, businesses, associations and other sectors.

According to the Central Bank, funds citizens have hoarded at home are estimated at 77% of those circulating in the local market.

Shuwaili does not have stats on deposits after the call was made, but she pointed out that the bank is increasingly opening new accounts and more and more funds are being deposited. She explained that “the interest rates are withdrawn on a monthly, not a yearly basis” and “the funds will be protected at all times.”

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THE FINANCE COMMITTEE REVEALED, THE FACT THAT THE CENTRAL BANK INTENDS TO CHANGE THE EXCHANGE RATE OF THE DOLLAR AGAIN.

Baghdad – Al Furat News: Committee member Jamal Cougar told {Al Furat News} that “it is not possible for the central bank to re-price the dollar again,” stressing that “do not retreat from the new exchange rate and it is unrealistic for the monetary authority to circumvent itself.”

Cougar added, “There will be no retreat from changing the exchange rate and no new rate may be adopted because it will confuse the entire market,” noting that “we need two weeks to overcome the crisis of changing the price so that citizens adapt to the new price.”

Raghad Daham

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

MINISTRY OF COMMERCE: THE MIDDLE OF NEXT MONTH, THE DATE FOR THE APPLICATION OF THE ELECTRONIC PAYMENT SYSTEM

Mawazine News: The Ministry of Trade confirmed, on Thursday, that mid-January will be the date for THE APPLICATION OF THE ELECTRONIC PAYMENT SYSTEM FOR EXPORTERS AND IMPORTERS, while it indicated the reasons for the obstacles to the export process.

(Mnt Goat – they already did this in most provinces for the salaries. Now they must do it for the cash flow coming in and out of Iraq)

The general manager of the General Company for Fairs and Iraqi Commercial Services, Sarmad Taha Saeed, said, according to the official agency, that “the company has signed a contract with the Central Bank regarding electronic payment, AS IT WILL BE THE MIDDLE OF NEXT MONTH TO IMPLEMENT THE ELECTRONIC PAYMENT SYSTEM, which will allow exporters and importers to pay with any card.

He added that “attractive offers were made to the exporters, by giving ten percent of the invoice value without charge, in support of the Iraqi exporter, as our goal is not only to export, but rather to be the transfer in Iraqi banks, and to provide hard currency.”

(Mnt Goat – the electronic payment system is NOT crypto currency. Get it? Many of you readers have commented that Iraq is moving to a crypto currency from this article. This is NOT what the article is saying. )

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THE KURDISTAN GOVERNMENT CALLS FOR THE IMPLEMENTATION OF THE FINANCIAL AGREEMENT BETWEEN BAGHDAD AND ERBIL

Baghdad – On Thursday, the President of the Kurdistan Regional Government of Iraq, Masrour Barzani, expressed his hope for the implementation of the recent agreement between Erbil and Baghdad regarding the 2021 budget.

Barzani said in a press statement, that the Kurdistan Region and the whole world have faced a difficult year in light of the outbreak of the Corona epidemic and its difficult economic consequences, and the federal government’s refusal to send financial dues to the Kurdistan Region, which created a financial crisis and a difficult situation that, in turn, formed a heavy financial burden on our dear citizens in the Kurdistan Region.

He added, “We have REACHED AN AGREEMENT WITH THE FEDERAL GOVERNMENT REGARDING THE DRAFT FEDERAL BUDGET FOR THE YEAR 2021, WE HOPE THAT THE AGREEMENT WILL BE IMPLEMENTED IN FULL, and we ask the political parties in Iraq, and from now on, not to accept the use of Kurdistan Region’s dues and rights as a political pressure card against the people of Kurdistan who do not.” His rights are still being denied, affirming at the same time that we will never compromise our constitutional rights.”

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IRAQ AND IRAN ARE DISCUSSING SIGNING THE DRAFT ECONOMIC AGREEMENT AND RAISING THE LEVEL OF TRADE EXCHANGE

Baghdad – Trade Minister Alaa Ahmad al-Jubouri and Iranian Energy Minister Reza Ardakanian discussed, on Tuesday, the signing of the draft economic agreement and RAISING THE LEVEL OF TRADE EXCHANGE BETWEEN THE TWO COUNTRIES.

“Al-Jubouri received the Iranian Minister of Energy and during the meeting discussed a preliminary meeting for the Iraqi-Iranian joint committee, discussing raising the level of trade exchange between the two countries and conducting negotiations on the signing of the draft economic and trade agreement between the two countries,” the Ministry of Commerce said in a statement.

The statement added, “Ardakanian’s visit to Iraq came to discuss with Iraqi officials about preparations for the meeting of the joint economic committee between the two countries to be held soon in Tehran.”

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

JUDICIAL REPORT ON INVESTIGATIONS OF THE CURRENCY AUCTION FILE: INSTRUCTIONS TO COURTS AND ORDERS AGAINST DEALERS

On Monday, a responsible judge revealed that there were significant legal violations and smuggling of foreign currency abroad.

A report published by Al-Qada newspaper and followed by "Nass", (January 4, 2021), stated that the Judicial Council directed investigation courts to take legal measures against all those who caused damage to the national economy from foreign currency dealers and merchants monopolizing goods and commodities. 

The competent judge stated, according to the report, that "the investigation, which reached advanced stages, revealed illegal operations, fraud and fraud to participate in the auction of selling currency and smuggling foreign currency outside the country." 

The Rusafa Investigation Court, which is specialized in looking into issues of integrity, money laundering and economic crime, decided to take legal measures against thirteen banks for violations of entering the currency auction without submitting customs permits supporting the entry of goods, tax accounting, and suspicions of falsifying documents. 

Earlier, the Integrity Commission revealed the results of its investigation of the stages of selling the dollar at an auction window for selling the currency, while it called for the enactment of a law that prevents the exit of funds except with special official approvals to ensure control over them and prevent their laundering.

He pointed out “the importance of increasing the percentage of fines for violating private banks and participating in the auction of selling currency by setting special controls for them, noting that the amount of fines imposed by the Central Bank on some banks in violation of the instructions of the window for buying and selling foreign currency for the period (2012-2018) exceeded ( 618,000,000,000) billion dinars, in addition to “conducting a monthly reconciliation between the relevant authorities to ensure that the state’s right to tax withholding is not lost.”

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

PARLIAMENTARY FINANCE TALKS ABOUT ATTEMPTS TO WITHDRAW THE IRAQI DINAR FROM THE LOCAL MARKETS

The Parliamentary Finance Committee said, "The new budget is the largest in the Arab world after Saudi Arabia, while the currency selling window was accused of" currency smuggling "according to a systematic work. 

A member of the committee, MP Muhammad al-Darraji, said in a statement carried by the official agency, followed by "People" Thursday (December 31, 2020), that "the 2021 budget amounts to 164 trillion dinars, in which oil is set at $ 42 a barrel," indicating that "salaries expenses in the budget It amounts to 53.8 trillion dinars. " 

He added, "The debts payable in the budget are estimated at more than 16 trillion dinars, pointing out that operational expenses amount to about 50 trillion dinars." 

He pointed out that "the budget deficit amounts to 71 trillion dinars," stressing that "the ration card allocations in the budget amount to 4 trillion dinars." 

He explained, "The budget is devoid of job grades," noting that "the 2021 budget does not differ from its predecessors except in numbers, as it is the second largest budget in the Arab world after Saudi Arabia." 

On raising the dollar exchange rate, Al-Darraji said, "Parliament is not responsible for raising the exchange rate of the dollar against the dinar," pointing out that "THE WINDOW FOR SELLING THE CURRENCY WAS A SYSTEMATIC PROCESS OF CURRENCY SMUGGLING." 

He revealed "THERE ARE ATTEMPTS TO WITHDRAW THE IRAQI DINAR FROM THE LOCAL MARKETS AND PUT LARGE QUANTITIES OF THE (GREEN) DOLLAR INTO THE MARKET," indicating that "these quantities come from the Kurdistan region." 

He called on the government and security agencies to scrutinize the sales of hard currency and FIND OUT WHERE THE SOURCE OF THIS DOLLAR COMES, STRESSING THAT "THE SUMS OF SALE OF THE REGION'S OIL ENTER BAGHDAD ILLEGALLY TO TAKE ADVANTAGE OF THE CURRENCY DIFFERENCE."

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

PARLIAMENTARY INTENTION TO BREAK INTO THE FILE "THE LARGEST FINANCIAL RESOURCE AFTER OIL" AND REVEAL ITS SECRETS ... IT IS SOLD TO CITIZENS FOR BILLIONS OF DINARS

Today, Friday, MP Mudhar Al-Karawi REVEALED A PARLIAMENTARY INTENTION TO OPEN THE FILE OF DERIVATIVES in the 2020 budget, noting that it is the largest supplier after crude oil.

Al-Karawi said in a press statement, "IRAQ IS NOT A POOR COUNTRY AND ITS WEALTH IS GREAT. THROUGH NON-OIL REVENUES, IT CAN SECURE SALARIES, BUT RATHER PROVIDE A FINANCIAL SURPLUS TO BUILD ITS ECONOMY WITHOUT RELYING ON SELLING CRUDE OIL, but we need management, planning and excesses of accumulations that have been going on for 17 years."

Al-Karawi added, “OIL DERIVATIVES REPRESENT THE LARGEST MATERIAL RESOURCE IN IRAQ AFTER GENERAL OIL, BUT THE QUESTION IS WHERE DOES ITS HUGE MONEY GO, which must return to the country's treasury, especially since what is being brought into the refineries are hundreds of thousands of barrels per day to extract derivatives of all kinds, whether fuel or oils. Or the rest of the other materials that are sold for very large amounts of money in the Iraqi market.

Al-Karawi pointed out that “THERE IS A PARLIAMENTARY MOVEMENT IN ORDER TO RESOLVE THE DERIVATIVES FILE AND MAKE ITS REVENUES DIRECTLY TO THE STATE TREASURY TO COMPENSATE FOR THE LARGE FINANCIAL DEFICIT IN THE BUDGET, which will be the largest in 17 years, indicating that the budget is not austere and it is very high, especially since the initial numbers indicate a large increase in expenditures. While the difficult situations necessitate the opposite, this represents a question mark.

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WILL THE DEVALUATION OF THE DINAR CONTRIBUTE TO REVIVING THE LOCAL INDUSTRY?

The depreciation of the Iraqi dinar against the dollar caused disruption in local markets and a significant increase in prices, as most of the goods are imported and linked to the US currency anyhow.

This matter brought the Iraqi industry file back and activated it to the fore again, after decades of extinction and destruction that affected the industrial sector, amid demands to work to mitigate the damage resulting from the deterioration of the Iraqi dinar, by adopting the national industry that the country lacks .

Reducing the salaries of employees and the rise in the value of the dollar against the Iraqi dinar (1 dollar equivalent to 1450 dinars) caused great resentment in the country, according to a member of the Economy and Investment Committee in Parliament, Nada Shaker Jawdat .

Jawdat stresses that this decision is not a parliament’s decision and it is far from it, and the government is the one who took it and implemented it, without holding a parliamentary session to audit accounts, as it is not a law .

Jawdat warned of the repercussions of the decision to reduce the value of the Iraqi dinar, which led to an increase in the prices of goods and services, and all harm to the simple Iraqi citizen, due to corruption and mismanagement, as she put it .

And considered that the decision to reduce the value of the dinar came a devastating blow to the Iraqi people, due to the lack of control over the markets, which began to manipulate the situation of the simple citizen and worsen his livelihood .

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AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ

The Prime Minister, Mustafa Al-Kazemi, spoke on Saturday ABOUT THE LAST OPPORTUNITY TO ADVANCE THE COUNTRY, while stressing, "Stop bids at the expense of Iraq."

Al-Kazemi said, during the dialogue session with a number of ministers, university professors and political analysts, according to a statement by his office, “We start our year with hope, the ordeal has counted, and we open a new era in which we need cohesion and continuation of the reform approach,” pointing out that “2020 was a difficult year for Humanity with the outbreak of the Corona epidemic, the economic crisis, security and political challenges, and in Iraq the crisis was more complex, we lost precious lives, and suffered a lot.

He added, "The crisis and social mobility with all that resulted from it represent a warning bell for everyone, and that the country is in danger .. the people have lost their confidence not only in the political forces, but in the state and its institutions," noting that "the government that was honored to entrust its leadership came amid all these crises." "I have worked from the very first moment to dismantle these crises and reduce their effects on our people and the future of our generations, and we kept away the specter of a regional and international conflict that could have entered the Iraqi in a long series of wars."

He stated, "The state has regained its health and confidence in its capabilities in the past 6 months. The security forces have become more confident and solid and have restored their relationship with the people, and the army is today more harmonious, and it is ready at any moment to protect the people against any danger."

On the level of foreign relations. He continued: “I say with confidence today that 6 months of the work of this government was enough to ensure that Iraq enjoys the strongest system of regional and international relations and confidence in it and its government that it has not witnessed for decades .. Today all our neighbors and the whole world seek to support Iraq and cooperate for its advancement from his slump everyone realized that regional and international balances need a strong, coherent and clear Iraq, and this did not come from a vacuum, but from work, effort, goodwill, and frankness in dealing with everyone.

Regarding the level of early elections, which was the demand of the masses and the reference, Al-Kazemi said: “We have made great strides in it.

He stressed, "Our people were greatly affected by the financial crisis, just as the world was affected by the economic crisis resulting from the Corona pandemic, but its impact on Iraq was more difficult ... and unfortunately previous governments did not plan for such crises."

He stated, "Iraq has not witnessed any development, but rather its industry, agriculture, education and health system have been destroyed in recent decades," stressing that "the Iraqi economy has become subject to oil prices, in a weak economic environment with the outbreak of the epidemic. corruption had eaten everything and everything."

And he added, "WE WERE ABLE TO CONTINUE PROVIDING SALARIES FOR EMPLOYEES, AND WE CARRIED OUT REFORMS AND PREPARED A WHITE PAPER CAPABLE OF FACING THIS CRISIS AND THE COMING CRISES, AND WE WILL NOT ALLOW THE COLLAPSE OF IRAQ OR ITS BANKRUPTCY AS OTHER COUNTRIES HAVE BANKRUPTED."

He added, "We protected the poor in the budget, and WE WILL START IMPLEMENTING THE WHITE PAPER, and the most important thing is to adopt the budget, work and invest in major projects that will provide job opportunities for young people, and the market will revive and Iraq will become a source for industry and agriculture, not just oil."

Regarding the fight against corruption, Al-Kazemi said: "We have established the Committee to Combat Corruption and Extraordinary Crimes, AND FOR THE FIRST TIME BIG HEADS FIND THEMSELVES IN PRISON that are not protected by a party or influential people, and they are continuing to do so, and 2021 will be the year of uncovering the major facts about corruption that affected the economy and development."

He added, "We presented an ambitious budget that coincides with the reforms of the white paper, and because of it, we were subjected to stabbing and auctions."

And he continued: "I have always confirmed that I have come to reform, and the auctions and shows will not stop me even if it cost me my life." He stressed, "Enough bids at the expense of Iraq ... the budget and the white paper are not just cosmetic reforms to compliment each other, but rather an effort supported by all international economic institutions and everyone." Respected experts, we have to touch the deep wounds of Iraq. It is enough to bleed Iraq's funds, capabilities and resources.

He added, "This is our last chance to get up, and I say before you and our people: I do not aspire to a ruling or position, and I place my interest and my political future as a price for reform," adding: "We are 17 years late, and we will not be late after that, and every bidder must put the interest of Iraq before his conscience."

He concluded by saying: "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES.

(Mnt Goat – I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?)

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Shafaq News / The “Wall Street Journal” reported that the American and Iraqi authorities have warned Iran and the militias it supports against any attacks on diplomats or US military forces in Iraq.

The newspaper stated that any action by Iran would be met with a quick response, as the anniversary of an American drone strike that killed Qassem Soleimani, the former commander of the Quds Force of the Iranian Revolutionary Guard, approaches.

On Wednesday, the US military commander for the Middle East, General Frank MacKenzie, said: “Nobody should reduce our ability to defend our forces or act decisively in response to any attack.”

The Iranian-backed armed groups’ calls for violence against the Americans increased in the period leading up to January 3, the day on which the Iranian Major General Qassem Soleimani and the deputy head of the Popular Mobilization Authority “Abu Mahdi Al-Muhandis” and their comrades were killed while leaving Baghdad airport last year On Thursday, a pro-Iranian Iraqi news group posted on the Telegram messaging service a picture of the US embassy that read: “Always remember I can see what you’re doing.”

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BE CAREFUL OF IMF POLICIES MAY NOT BE IN BEST INTEREST OF IRAQ

The 2021 budget: “harsh orders” from the International Monetary Fund for Iraq “have been implemented”… “The next is worse” by laying off “thousands of employees”!

Today, Tuesday, economist Hussein al-Askari revealed the steps taken by the International Monetary Fund for the 2021 budget in Iraq, stressing that there are other steps ahead.

Al-Askari said, in his Facebook post: It seems that the advice (orders) of the International Monetary Fund of the Iraqi government has found its way easily into the budget: reducing salaries, retirement benefits and raising taxes.

He added that the next steps are to lift subsidies on electricity and fuel, dismantle government banks and give powers and more space to private banks, indicating that when the 2021 budget leads to a bigger crisis in the following year, the proposal will be to lay off non-productive employees and perhaps cancel the ration card and replace it with social aid for the classes. the poorest.

Al-Askari explained that when the situation worsens even more, the fund will propose privatizing oil and gas companies, airports and ports, selling state lands, etc. These have happened in many countries.

And between, that this situation can be changed easily, but without referring to the advice of the Fund and London Wall Street students, noting that Iraq's financial problems are easy to solve. The problem is in the rentier economy, and the lack of interest in infrastructure, agriculture, industry, education and health, which received the least share of the 2021 budget.

The IMF website had published a statement, in which it said that a team of International Monetary Fund experts, led by Tukhir Mirzoev, completed the 2020 Article IV consultation mission with the Iraqi authorities, which lasted from November 11 to December 10 Its sessions were held via electronic platforms.

At the end of the mission, Mirzoev made the following statement:

“The consequences of the Covid-19 virus pandemic, and the sharp decline in oil prices and in the volume of oil production, have exacerbated the vulnerabilities of the Iraqi economy. Real GDP growth is expected to decline to -11 percent in 2020, reflecting the contraction in the volume of oil production and the disruption of non-oil economic activity. The sharp decline in oil revenues is expected to increase the fiscal deficit and the external current account to 20 and 16 percent of GDP, respectively.

(Mnt Goat – what the IMF does is it sends in it’s economic hitmen to destroy the economy or prevent it from moving ahead, then they come in with their policies which put Iraq in debt by borrowing yet more money. So where does the problem stem? What is the real cause and effect? )

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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 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, our minds and our children. 

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
RamblerNash
RamblerNash
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GURU HUNTER

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