Frank26 says -- There is no date. There is no rate. The rate is well calculated.
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Frank26 says -- There is no date. There is no rate. The rate is well calculated.
Frank26
...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status...
We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status...
We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
Ponee- Admin
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Join date : 2011-08-09
Re: Frank26 says -- There is no date. There is no rate. The rate is well calculated.
There is no date or rate because there is no RV. The dinar was devalued because of a drop in oil revenues which resulted in less USD flowing into the country. How would raising the value of the dinar fix that?
Sam I Am- GURU HUNTER
- Posts : 1721
Join date : 2016-01-21
A deputy narrates new details about Al-Kazemi's meeting with the parliament’s finances: This is what he said about Kurdish citizens
A deputy narrates new details about Al-Kazemi's meeting with the parliament’s finances: This is what he said about Kurdish citizens
11/02/2021

Baghdad Today - Follow-up
A member of the Finance Committee in Parliament, Jamal Cougar, revealed the details of the committee's meeting with Prime Minister Mustafa Al-Kazemi, while noting that the Prime Minister gave full freedom to amend the provisions of the budget
In a televised interview with (Baghdad Today), Jamal Cougar said, “Prime Minister Mustafa Al-Kazemi gave all freedom to the Finance Committee to make adjustments to the budget,” indicating that he “wanted to come and thanked the committee for its work while requesting the passage of the budget, while indicating that the texts The government is not sacred about budget clauses. "
Cougar added that Al-Kazemi spoke during the meeting about "the Kurdistan region, and he said that we will not leave our people in the region without salaries."
The Media Department of the House of Representatives announced, this week, that the Parliamentary Finance Committee discussed the 2021 budget in the presence of the Prime Minister, Mustafa Al-Kazemi, his 5 ministers, and the Secretary of the Council of Ministers.
Cougar continued, "The Financial Committee has exceeded the dollar price, as it is not one of its powers, but of the central bank's powers," indicating that "the committee discussed with the central bank the file of the dollar exchange rate, and he convinced us of his point of view."
A member of the Finance Committee in the House of Representatives pointed out that "if the government had continued with the issue of the budget without a step to devalue the currency, Iraq would have been in real bankruptcy after 6 months, after the government had two options, the bad and the worst, and the government chose the bad."
Since the Iraqi government devalued the local currency, the dinar against the dollar, there has been much talk about the benefits of reducing the exchange rate and its impact on the citizens and the Iraqi state, which is going through an unprecedented economic crisis, as a result of the repercussions of the decline in oil prices due to the Corona virus. While economists believe that the reduction of the value of the Iraqi dinar may be aimed primarily at reducing the leakage of foreign currency abroad, parliamentary statements indicated that the government's benefit from raising the exchange rate does not exceed 12 trillion Iraqi dinars annually
Since the collapse of oil prices earlier this year, Iraq is facing an unprecedented liquidity crisis, and the government of Prime Minister Mustafa Al-Kazemi has been forced to borrow from the reserves of the Central Bank to pay nearly $ 5 billion per month, representing public sector salaries and pensions.
The decision sparked a wave of anger in the Iraqi street, but Al-Kazemi defended his government's move and said that he had two options: "Either the collapse of the regime and enter into overwhelming chaos, or we enter into a Caesarean section for reform."
The decision sparked a wave of anger in the Iraqi street, but Al-Kazemi defended his government's move and said that he had two options: "Either the collapse of the regime and enter into overwhelming chaos, or we enter into a Caesarean section for reform."
https://baghdadtoday.news/ar/news/145356/%D9%86%D8%A7%D8%A6%D8%A8-%D9%8A%D9%83%D8%B4%D9%81-%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%B9
11/02/2021

Baghdad Today - Follow-up
A member of the Finance Committee in Parliament, Jamal Cougar, revealed the details of the committee's meeting with Prime Minister Mustafa Al-Kazemi, while noting that the Prime Minister gave full freedom to amend the provisions of the budget
In a televised interview with (Baghdad Today), Jamal Cougar said, “Prime Minister Mustafa Al-Kazemi gave all freedom to the Finance Committee to make adjustments to the budget,” indicating that he “wanted to come and thanked the committee for its work while requesting the passage of the budget, while indicating that the texts The government is not sacred about budget clauses. "
Cougar added that Al-Kazemi spoke during the meeting about "the Kurdistan region, and he said that we will not leave our people in the region without salaries."
The Media Department of the House of Representatives announced, this week, that the Parliamentary Finance Committee discussed the 2021 budget in the presence of the Prime Minister, Mustafa Al-Kazemi, his 5 ministers, and the Secretary of the Council of Ministers.
Cougar continued, "The Financial Committee has exceeded the dollar price, as it is not one of its powers, but of the central bank's powers," indicating that "the committee discussed with the central bank the file of the dollar exchange rate, and he convinced us of his point of view."
A member of the Finance Committee in the House of Representatives pointed out that "if the government had continued with the issue of the budget without a step to devalue the currency, Iraq would have been in real bankruptcy after 6 months, after the government had two options, the bad and the worst, and the government chose the bad."
Since the Iraqi government devalued the local currency, the dinar against the dollar, there has been much talk about the benefits of reducing the exchange rate and its impact on the citizens and the Iraqi state, which is going through an unprecedented economic crisis, as a result of the repercussions of the decline in oil prices due to the Corona virus. While economists believe that the reduction of the value of the Iraqi dinar may be aimed primarily at reducing the leakage of foreign currency abroad, parliamentary statements indicated that the government's benefit from raising the exchange rate does not exceed 12 trillion Iraqi dinars annually
Since the collapse of oil prices earlier this year, Iraq is facing an unprecedented liquidity crisis, and the government of Prime Minister Mustafa Al-Kazemi has been forced to borrow from the reserves of the Central Bank to pay nearly $ 5 billion per month, representing public sector salaries and pensions.
The decision sparked a wave of anger in the Iraqi street, but Al-Kazemi defended his government's move and said that he had two options: "Either the collapse of the regime and enter into overwhelming chaos, or we enter into a Caesarean section for reform."
The decision sparked a wave of anger in the Iraqi street, but Al-Kazemi defended his government's move and said that he had two options: "Either the collapse of the regime and enter into overwhelming chaos, or we enter into a Caesarean section for reform."
https://baghdadtoday.news/ar/news/145356/%D9%86%D8%A7%D8%A6%D8%A8-%D9%8A%D9%83%D8%B4%D9%81-%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%B9
claud39- VIP NewsHound
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Join date : 2018-11-04
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» RayRen98 says -- I FEEL A RATE CHANGE COMING... DIRECTLY!!!..
» COFFEE WITH MARKZ - Transcript and VIDEO -- Feb 25 2021
» Jeff says -- This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
» Frank26 says -- What this is is a collaboration...international understandings...
» Bruce says -- I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today].
» MarkZ says -- Nobody knows the exact time…if its tomorrow or weeks from now…but we are close.
» The last pages of subjugating the state of Iraq .. subjugating the Iraqi dinar
» Mnt Goat News Brief for Feb 25 2021
» VIDEO -- Iraqi Dinar News with PIMPY
» VIDEO - Quickie Dinar RV Update
» VIDEO - Jeff revisits Prophetic RI date
» VIDEO - Jeff - HUGE NEWS - Oil and Gas law in IRaq
» VIDEO - Jeff aka Dinar Investor - Focus on the exchange Rate
» Al-Rafidain calls on the Ministry of Interior to provide it with lists of affiliates to give them electronic advances
» Representative economy calls to accelerate the implementation of joint projects with Jordan
» Iraq announces its joining the project to strengthen food security in the Arab countries
» A high ministerial delegation arrives in Nineveh Governorate
» Oil reviews the final version of the draft federal oil and gas law
» A meeting in OPEC to increase Iraq's quota by 60 thousand barrels
» The Iraq Stock Exchange holds 5 training programs in cooperation with its Egyptian counterpart
» IT'S TIME -- ARISE - PRESS DOWN PRESS ON PRESS THROUGH
» DINAR IRAQ AND DONG VIETNAM UPDATE, 24 FEB
» Fleming's Fake Intel - (why do I waste my time posting his crap?)
» Bruce's Big Call - looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday
» Pimpy Update - -- "this is a good thing"
» Breitling says -- Iraq needs to increase the rate first to build an economy.
» Walkingstick and Frank26 claim -- Iraqi bank teams are about to meet with those who are going to talk to them about the exchange rate changing.
» Mnt Goat says -- So, there are two different rates to consider
» Jeff says -- I know for a fact Iraq is transitioning.
» MarkZ says-- they are all going to have the same conversion rate.
» Frank26: "The CBI is gonna tell the citizens we are now in the process of lifting value by lifting the 3 zero" (What Did Frank Smoke Today?) 2/23/21
» NEW Guru Clare: "THEY ARE, A LOT FARTHER ALONG THEN THEY TELL US!" (Says Who?) 2/23/21
» MilitiaMan: "I think the endgame is near" (Is The Sky Falling Again?) 2/23/21
» Breitling: "Iraq had a game plan if Trump won and they had a game plan if Biden won" (Wasn't Obama To Blame 4 Years ago?) 2/23/21
» Guru BobTheTaxMan: "We don't know the date" (Someone Should Write A RV Sing-A-Long! LOL) 2/23/21
» Guru Jeff: "When Iraq does it, it will just be Iraq...Vietnam is not prepared to go" (Houston...GCR Failure Ahead!) 2/23/21
» Judy! "Two Admirals have stated that there was a 1,000 % chance that the RV would be this week" (2 Drunks Walk Into A Bar...) 2/23/21
» Video - Frank26: "CBI TELLS CITIZENS AGAIN OF 000’s" (Got 3 1/2 Hours To Spend?)
» MarkZ: "I am getting a lot of chatter about tonight and tomorrow" (Fleming's Nonsense! LOL) 2/23/21