TNT Tony, Mtn Goat, Frank26, etc…
Fri, Feb 6, 2015
Subject; Dinar RV Budget Law Review
G T February 6, 2015 So The Picture Clues Reveal we Should Look For Our Blessing By The 12th of The Month (I’m hearing it should arrive Before then)
R.V. / GCR February 6, 2015 at 1:23pm Moving quickly to the end of phase 3 …moving into phase 4 …unpegging of countries currencies and moving re-valuations… where’s the basel 3 treaty hmmmm…. Id tell you but you already know ….so really ,wheres the currency exchange? You’re last, but the currencies are nudged in between the next two phases….ciao…PT
THIS WEEK APPEARS TO BE THE BACHELORS PARTY BEFORE THE WEDDING!!
ITS TIME FOR THE CBI TO OPEN THE CHECKBOOK NEXT WEEK AND TIME FOR PARLIAMENT TO
START WRITING SOME CHECKS!
IT’S TIME FOR THE DINAR TO BEGIN ITS JOURNEY TO BE THE LONELIEST CURRENCY IN THE WORLD!
JUST A QUICK UPDATE AS MY WORK HERE IS NEARING AN END. BY NOW ITS OBVIOUS TO SEE
THAT WE ARE AWAITING THE MARRIAGE BETWEEN THE FUNDING FROM THE CBI, AND THE LAWS
THAT ARE WAITING TO BE PASSED!
WE ALL ARE INVITED TO THE WEDDING ON THE TENTH TO SEE THE VOWS EXCHANGED! DURING
THIS WINDOW BETWEEN THE 10TH TO THE 15TH WE COULD SEE LAWS IN “ONE BASKET”, BE
PASSED ONCE THE CBI OFFERS ITS HAND OF FUNDING TO ENACT THESE READIED LAWS!
THIS WILL CONSUMMATE A LONG AWAITED MARRIAGE OF THIS ENTERPRISING YOUNG DEMOCRATIC
DinarGuru.com 2-5-2015 Intel Guru Frank26 [Do we want to see the CBI TALK or do
we want to see the CBI ACT?] I expect to see that the CBI’s TALK will allow them to
ACT upon their WORDS to bring forth ACTION in the lifting of the dinar’s …VALUE.
2-5-2015 Newshound Guru Tlar …the CBI recently minus the 75 million per day cap
fiasco, IMO has been making all the right moves. That is my observations. …I
think they have done a good job…in the lead up to internationalizing their economy
and hopefully, currency.
2-2-2015 Newshound Guru Breitling They passed the budget…they’re still moving
ahead. They’re still building their infrastructure. When you look at a country
that reduces the currency note count, 100% of the time the value goes up. Turkey
never reduced their note count. Iraq reduced their note count. I can’t stress
enough on how the budget reflects whats coming down the road…they’re telling
everybody. You’re never going to see in the news that they are going to RV their
currency. If you hear that they’re going to shut the auctions down, that will be
something. We’re at 4 billion notes right now…they need to get down to 1
billion…how are they going to do that? [Post 2 of 2]
2-5-2015 Intel Guru TerryK I HAVE CONFIRMED THIS THIS AFTERNOON …THE BUDGET
WAS DELIVERED ON MONDAY THE 2ND OF FEB TO ABADI. BY LAW HE HAS 15 DAYS TO COMMENT
OR VETO. SO IF HE WAS PART OF THE DRAFT OF THE BUDGET DO YOU THINK HE IS GOING TO
REDO IT? IF HE DOES NOT VETO IT OR DOES NOTHING THEN ON THE 17TH IT GOES INTO LAW.
NOW IF HE SIGNS IT, IT CAN GO INTO LAW ANYTIME BEFORE. SO AT THE LATEST IT GOES
INTO THE GAZETTE ON THE 18TH OF THIS MONTH. AGAIN THIS IS IF THERE IS NO
MODIFICATIONS OR VETO.
2-5-2015 Newshound Guru My Ladies THEY ARE TAKING ALL THE PROPER STEPS AND
DOING IT FAST TO BE SURE THE PRIVATE BANKS ARE READY FOR THE INDEPENDENCE AND THE
INTERNATIONAL STAGE. THE COMMITTEE OF ECONOMIC AFFAIRS HELD ANOTHER BIG MEETING
TODAY. THIS IS THE 3RD ONE SO FAR…THERE IS SO MUCH GREAT NEWS OUT THERE TODAY.
WE ARE REALLY VERY CLOSE TO THE END.
2-2-2015 Newshound Guru Breitling When I first got in this investment you HAD to
have faith. One 25K note had 25,000 dinar in that one note…They had about 15
Trillion dinar out there…what we didn’t know was how many notes there were that
represented the 15 Trillion dinar. We knew the note count when they hit 30
Trillion dinar…[they told us] it was represented by 9 Billion notes. The reports
started coming out by Dr. Shabibi saying we need to reduce 70% of the note count
because their agenda was to get to a $1.17 and then get to the $3 range…that’s
it. that’s all you need to watch. They told everyone what the process would be and
the budget reflects that THIS time! [Post 1 or 2 stay tuned for the rest of the
2-5-2015 Intel/Newshound Guru tman23 …it should be obvious…that currency
reform is taking place RIGHT NOW…Take into consideration that Shabibi once stated
that the reform would be an 18 month project in 3 phases… That being said; We do
not know exactly what phase the CBI is in… The fact is that the CBI has opened
foreign accounts and vice-versa…The Master Card (Qi card) has issued some cards to
those receiving pensions and labeled it as “pilot program”… and they are being
used international… There are some reports of people saying the cards are not
working correctly… they do not display the correct balance at the ports… From
what is being said it appears zeros are not showing up on the cards. That said; it
is reasonable to assume that the project of lifting the 3 zeros is in motion.
2-5-2015 Newshound Guru Kaperoni The dinar cannot remain pegged to the dollar if
they expect a market economy. The reason is simple, as investment comes into Iraq
through the Capital Account, it will create inflationary pressure. The solution to
counter this is to allow the dinar to appreciate. …the central bank should begin
the float prior to opening the Capital Account to prevent such inflationary
issues…there is no chance for a RV at 1 to 1 or even close with 40+ trillion dinar
in circulation… That is almost 4x the worlds money supply. The only way such an
event can happen is if the dinar rises gradually from 1166 giving the CBI an
opportunity to remove the 3 zero dinar and retire it at its lowest possible value.
2-5-2015 Newshound Guru Tlar The backstop to me is the actual disbursement of
funds from the budget, 1166 or a new rate. No matter what, we should see the end to
this period very soon meaning whether or not this time we will see the RV, or we
will know that all miss-judged and we will be in for a much longer ride. I also
don’t believe they can go live internationally without an international currency.
Personally I think we are there and it is time. Thank god we don’t have long to see
if this is correct. We have finite backstops, the Gazette and the funding which
will close this period of hope one way or another. We should know our answer on the
day the first dinar is dispensed from this budget if not a few days before.
2-5-2015 Newshound Guru American Contractor The World Bank has recently
published a paper on the unpegging of the dollar from the Iraqi dinar. The World
Bank offers suggestions short of being a demand for the Iraq government. In Iraq,
they are already exporting Oil and Gas to world markets at the going market rate.
The 2015 Iraq Federal Budget will have a problem going forward. The Central Bank of
Iraq (CBI) finished the week with the Iraqi dinar market rate fluctuating from
1235-1250 higher than normal. The CBI and the Parliament Economic Committee will
meet this weekend (Friday-Saturday) to discuss the monetary policy (Iraq Currency)
and increase the value. The Iraqi dinar has no restrictions. The Central Bank is
not waiting for a budget; they are implementing their monetary policy. The current
monetary policy is causing a shortage of dollars in the market. The Central Bank may
raise the limit of the dollar auction sales to assist the Iraqi dinar and increase
2-5-2015 Newshound Guru Chattels the temporary oil and gas agreement, i.e., for
the next year / budget cycle, is now law by virtue of the parts which are included
in the budget, but as yet there is no PERMANENT hydrocarbon law, IMO.
2-5-2015 Newshound Guru Millionday THE BUDGET IS TO BE SENT FOR PRINTING IN ONE
WEEK TO TEN DAYS AND THE CBI GOV IS MAKING IT VERY CLEAR OF HIS INDEPENDENCE IN THE
MONETARY POLICY HE HAS READY FOR ACTIVATION. THEY ARE MEETING WITH CBI — MOP —
AND MOF — ETC DURING THIS TIME TO CROSS T`S AND DOT I`S ETC. THEY ARE MEETING ON
THE HCL WITH THE KURDS THIS WEEK SO THAT ALL ISSUES ARE LOOKED AT AND EXACT FOR ALL.
2-5-2015 Newshound Guru Arthur The full HCL has a myriad moving parts that are
much more complex than people imagine and is the reason for what seems like a delay
but is only the dotting of all the i’s and crossing of all the t’s such as the SOMO
component and how Kirkuk oil is implemented into the entire equation. The good news
is that the very best minds in the economic world are currently there within Iraq
putting this much anticipated agreement together starting with the limiting of the
auctions and several other strategic actions as a prelude to changing the currency
regime and Abadi…went on record as saying he feels it (HCL) along with all the
other finishing touches (Investment Laws) should be ready to officially roll out
next Thursday the 12th of February which we are being told will officially start a
preset timer counting backwards to the reinstatement of the Iraqi dinar. [post 2
2-5-2015 Newshound Guru Arthur As I have said for the past 5 years the RV
equation was, and still is GOI + HCL = RV. We can now expand “GOI” to include
everything we have seen accomplished by Abadi’s new government over the past several
months of its existence. We can safely say that the difference between Maliki’s GOI
and Abadi’s GOI are as radically different as night and day and everyday we are
seeing that difference become more and more pronounced as we draw closer to the
event we are all waiting on. Having said that we are still one element away from
the conclusion of this event. That is, the conclusion for us…and the beginning
for the country of Iraq. That still missing element is a completed and fully
implemented Hydrocarbon Law (HCL). The recent HCA (Hydrocarbon Agreement) is no
substitute for the HCL and the PTB will never settle for less than the full deal.
[post 1 of 2….stay tuned] |
DinarGuru.com 2-4-2015 Intel Guru Frank26 Article: “Jnataqh to the process of
resolving the enactment of the oil and gas law after the amendment drafted” These
LAWS are completed but their implementation into the budget to PROTECT it and it’s
FUNDING are among a handful of things being DONE in the next TWO WEEKS. The GOICBI
wants to SCREAM. IOO…They are attempting to do so today and tomorrow. Truth be
known…we are VERY surprised to see this information coming out at this present
time. Encouraging pace.
2-4-2015 Newshound Guru Adam Montana [do you forsee any factors that are going
to stalk HCA to be HCL?] At this time it seems like the security issue is the only
factor. [ Does the HCA being made HCL necessarily mean that equates to an RV?]
Not 100%, but they are definitely connected.
2-4-2015 Newshound Guru Aggiedad77 Article: “Reform Bloc: Adoption of the oil
law will solve all the problems of oil between Baghdad and Erbil” While the oil and
gas committee within the COM continues to work on the wording of the new oil and gas
law they do admit to a consensus in principle of the law…the COM is expected to
tee this up after they push the National Guard law over to Parliament…which
happened I believe yesterday…So let’s see what the committee work has resulted in
for the oil and gas law and just say…”On with the show”…the COM knows full well
the benefit to all of Iraq that will be forthcoming with the oil and gas
law…meanwhile the Legal Committee wants to see things sped up in the processing of
the oil and gas law by Parliament…
2-4-2015 Intel Guru TNT Tony [via Adept1] Last week they restricted them from
taking more than 10K dinar out of the country, and now they are not allowing them to
take ANY dinar out of the country. That is significant in itself, along with the
communications blackout. They are still doing it, it’s active, and there is
something happening with their market that they don’t want to get out of the
country. Everyone has already signed off on the agreement, so in a sense they are
already international. They just need to make the announcement. [I’d like some
clarity about the dong rate. You said it would be at least 47 cents, and now I’m
hearing it might be 7-9 cents?] We have heard that rumor. We started hearing that
on Friday, that the rate changed yesterday. The explanation is that too many of you
have dong! We are now hearing they actually changed this in the system. [Is the
$3.58 for the dinar still firm?] That is still a good rate, or even a little
higher. We’ll see what happens. Iraq will do it when they want and have set
specific days that are very soon.
2-4-2015 Newshound Guru sczin11 …THE PLAN IS IN MOTION, MR [MONETARY REFORM]
IS ACTIVATED, CBI IS MOVING RAPIDLY (SPEAKING OUT) REGULARLY, PM IS BEING HEARD
WORLD WIDE, WED SPEECHES…NO ONE KNOWS WHEN, AND BASED ON MY PERSONAL BELIEFS AND
CREATED UNDERSTANDINGS, I THINK WE ARE LOOKING AT ANY TIME…
2-4-2015 Intel Guru Mnt Goat Do I think the RV will wait until March?
Unequivocally and Absolutely – a big fat NO! But it will be close. Why do I feel
this way? FACT- Once voted on and passed by parliament and sent to the president
Iraq then has 15 days to ratify the law and get the law into the gazette unless the
president vetoes the law and decides not to ratify it. It was voted on 1/29, and we
know the president received the law on 2/2 so Iraq then has until the 2/17 to get it
in the gazette. FACT – Reading the Iraq constitution Article 61, section 1 says
that within 24 hours after a law hits the gazette is must be funded, This funding is
what we are looking for. This is what is going to get the international rate. So
we know they are in fact moving forward. But I would not expect any revaluation to
at least on or around mid February.
2-4-2015 Intel/Newshound Guru tman23 All indicators point to an international
currency acceptance of IQD…The CBI has opened foreign accounts and foreign
accounts are at the CBI…this is an indicator for foreign exchange internal which
followed by the pilot Master Card leads to indicators of an international exchange
policy. But as of right this moment nothing has changed in regards to exchanging
the currency at any US Bank.
2-4-2015 Newshound Guru Shredd Today, foreign investors don’t have the option
to buy dinar-denominated securities. They don’t exist! This announcement changes
that…this announcement proves Iraq is ready for investment. This will prop the
value of the dinar once investment starts coming in. It’s hard to imagine a table
set like this and no monetary change preceding it planned. This announcement
further proves Iraq is really, really ready for foreign investment. Bottom line –
Iraq originated and Dinar denominated securities can be global. But this is the
cool part…the value to do the “revalue” as stated above, you need the
MARKET-DRIVEN rate! Oh, by the way, a market-driven rate means a free float…where
all currencies can exchange for the dinar and the value of the securities to be
revalued at any time. It’s all good news folks and proves the plan IS for the Dinar
to have a market-determined rate soon. This is the “investment into Iraq” we’ve
been waiting for. [post 2 of 2]
2-4-2015 Newshound Guru Shredd Article: “CBI has issued new instructions to the
stability of the dinar exchange rate.” Quote: “A report issued pointed out by the
Central Bank of Iraq that according to the provisions of the Iraqi Central Bank Act
for the purpose of achieving the objectives of the Bank and the stability of the
Iraqi dinar exchange rate against foreign currency through the optimal use of
foreign exchange resources to meet the needs of all and not the central occupancy of
functions” …this is really good to see folks. This does not directly apply to
us dinar holders. But, here’s the good news. This notice is speaking of securities,
like bonds…lending and borrowing agreements… securitized debt available for
investment. So, why do we care? This announcement is telling us securities can be
denominated in Dinar and invested in by foreign investors. [post 1 of 2….stay
2-4-2015 Newshound Guru Adam Montana 2. This year’s budget was passed, which is
something the former GOI (which included Maliki) was not able to do last year. 3.
From my sources: the HCL is in effect but there is some question on security, which
is the reason for the delay in making the hcA into the HCL. I don’t like delays any
more than any of you, but this makes a lot of sense. It would be irresponsible for
the CBI to raise the value of the dinar without considering the security of
those that protect the very oil that has a major role in backing the value of the
dinar. So… let’s see how this goes over the next couple days. One thing to keep
in mind is this: We aren’t the only ones waiting to cash in. There’s a lot of
bigwigs here and abroad that are pushing harder than we are! [post 2 of 2]
2-4-2015 Newshound Guru Adam Montana I’m going to be blunt here… I keep my
expectations low and I hold my excitement regardless of what’s happening. It’s
getting progressively harder to stay grounded, even for me… so if you’re one of
those that’s like me and you’re on the edge of your seat right now… well, you’re
not alone! Here’s some cliff notes: 1. It’s been a long haul, but we are MAKING
PROGRESS! We have a new Iraqi PM, we have a new and improved GOI (Government Of
Iraq), Chapter 7 is a thing of the past and we are working on the HCL right now.
[post 1 of 2….stay tuned]
2-4-2015 Intel/Newshound Guru tman23 This (Abadi) Gov’t has been exceptional in
keeping it’s word…Either they are waiting on the Budget to now be implemented or
it’s EVERYTHING AT ONE TIME! …on the 12th Abadi has a conference to Launch the
“economy project”…The CBI doesn’t need the Budget anymore… Now the question is
does the Budget need the CBI…and if so…that can happen anyday now!
2-4-2015 Newshound Guru My Ladies [GURU] NOVA AND I HAVE SAID…WE WILL NOT SEE
LAWS WITH OUT FUNDING…AND TO DATE WITH THE EXCEPTION OF THE BUDGET LAW NOT ONE
OTHER SINGLE LAW HAS BEEN ENACTED SINCE THIS NEW GOVERNMENT IS IN. SEVERAL LAWS
PASSED THE COUNCIL THIS WEEK AND ARE GOING TO THE HOUSE WHEN THEY RETURN ON THE
10TH. IRAQ IS STILL STUCK UNTIL THEY FUND THE BUDGET. WE ARE IN A GOOD POSITION
AND THE PROCESS CONTINUES FOR A BIT LONGER. [post 2 of 2]
2-4-2015 Newshound Guru My Ladies ALL THINGS ARE STILL VERY GOOD. THERE IS NO
HOLD UP. THERE IS NO ONE ENTITY STOPPING ANYTHING, WE ARE IN A PROCESS AND THINGS
ARE LOOKING GREAT. THIS IS A PROCESS AND THERE IS NO REVERSE SWITCH, THERE IS NO
PAUSE BUTTON. THE BUDGET WAS VOTED ON THE 29TH, THE HOUSE OF REPS IS COMING BACK ON
THE 10TH, ABADI…SAID HE WILL FUNDING ALL THE PROVIDENCES AS PART OF THE ECONOMIC
MOVEMENT AND HE WILL BE DOING THIS ON THE 12TH . SO THERE IS A POSSIBLE TIME LINE.
JAN 29TH VOTE, 15 DAYS LATER MAX FOR GAZETTE IS 13TH, 10TH IS PARLIAMENT AND LAWS,
AND 12TH IS ECONOMIC REFORMS. [post 1 of 2…stay tuned]
2-4-2015 Intel Guru TerryK JUST GOT A CALL…CORRECTION TO BE MADE…THE BUDGET
IS SIGNED BUT IN FOR REVIEW TO LEGAL AND NOT IN THE PAPER…IT WILL BE POSTED BY THE
12TH OF THIS MONTH. SO THAT MEANS WE WILL SEE THIS ONE WAY OR THE OTHER BY THE
12TH. KEEP FINGERS CROSSED FOR 9:23 PM TOMORROW NIGHT. JUST WANTED TO SHARE THAT
UPDATE I GOT AND WAS CORRECTED, HE [SOURCE] MISUNDERSTOOD THE INFO GIVEN TO HIM.
[reference TerryK post 2-3-2015] |
DinarGuru.com 2-3-2015 Newshound Guru Millionday IF YOU ARE NOT HAPPY GET THAT
WAY — BECAUSE THEY ARE MOVING FORWARD WITH REFORMS AND THE GET OFF THE POT IS
COMING — ONE WAY OR ANOTHER .
2-3-2015 Newshound Guru Kaperoni Article quote: “Called on the Finance
Committee in the House of Representatives to cancel currency auction, offered by the
central bank daily, noting that all states do not follow that policy” Yes, I am for
that…cancel the auctions, move to Article VIII and go to a float to determine the
rate of the dinar…compliance must come first…but I like the idea.
2-3-2015 Intel Guru TerryK I GOT A RATE TODAY FROM A SOURCE THAT’S BEING
BOUNCED AROUND…WELL U ALL KNOW I HAVE BEEN SAYING WHAT… 8.16. IRAQ IS FAST
TRACKING THINGS…[THEY] GOT THE 56.00 A BARREL THEY WERE SEEKING AND THINGS ARE
CLICKING IN THE BANKING AREA…THEY ARE GETTING THE BONDS
ESTABLISHED…READY…LOANS READY AND AGAIN HEARING THAT THEY WANT TO MAKE AN
ANNOUNCEMENT…NOT BEING TOLD WHAT IT IS, I CAN ONLY HOPE…TOMORROW NIGHT AROUND
9:23PM…WHAT I WAS TOLD THIS AFTERNOON BY DC CONTACT.
2-3-2015 Newshound Guru sczin11 …LOTS OF LAWS ARE BEING READ, VOTED ON, PASSING
ONTO HOUSE…WHERE IS THE HOUSE? ON VACATION UNTIL THE 10TH?
2-3-2015 Newshound Guru Chattels [There are those that are saying the President
signed the budget. Would love to know if that is accurate or not?] not as of the
reported news this morning…not that i can find in ink…we believe that the
President can ratify /sign it sooner, but by default it is law fifteen days after
2-3-2015 Newshound Guru Aggiedad77 The reforms that we see unfolding with this
month are fascinating…for they lead to much bigger things. The laws they work on
and push forward all are done with purpose…Time is on our side…
2-3-2015 Intel Guru TerryK [what’s up with the budget. Is it signed or not?]
SOURCE IS TELLING ME IT IS SIGNED AND IN THE LAW SECTION IN THE PAPER IN IRAQ…ON
PHONE WITH IRAQ SOURCE… I GOT THAT THEY ARE WAITING ON THIS BY THE MINUTE JUST
LIKE THE RV…TONIGHT MAY BE A GREAT NIGHT IF INDEED THEY HAVE THE DOCS SIGNED AND
IN THE PAPER IN IRAQ.
2-3-2015 Newshound Guru Millionday WE HAVE NO TIMELINE GIVEN — WE HAVE ABADI
ANNOUNCING THAT ON THE 12TH OF FEB HE WILL BEGIN THE STRATEGIES OF THE ECONOMIC
REFORMS THAT HE HAS TO DO WITH IT. I HAVE TO SAY IT WILL BE INTERESTING TO SEE WHAT
COMES IN THE NEXT WEEKS.
2-3-2015 Newshound Guru sczin11 SO MUCH HAPPENING, NO RV YET, THAT IS IN PUBLIC
VIEW…BUDGET IS ON…TO PRESIDENT, SO THEY CLAIM…HCL BEING DISCUSSED NOW, SO THEY
SAY…CBI IS ACTIVE ACTIVE ACTIVE, ON MANY FRONTS…THAT IS FACT, AS WE MUST ASSUME
RELEASES ON THEIR ARABIC WEBSITE ARE TRUE… DE-DOLLARIZATION, IMHO, IS IN FULL
MOTION…WHAT MORE CAN WE SAY?
2-3-2015 Newshound Guru Tlar the rules…showing Import Regulations is very
interesting… “Up to 25 Dinars can be imported and sums no greater than 5 Dinars
can be exported out of the country.” 25 dinars going in and only 5 dinars out is
not many dinars either way. Today neither of these two sums exist in the form of
currencies (notes or coins) in Iraq. The smallest note to ever hit the street since
2003 was the 50 dinar note. There was a 25 dinar coin but it has long since been
melted and pulled from circulation. So these restrictions make no sense under the
current monetary regime yet this is the new law. Essentially under the current
exchange rate they are saying NO money in or out. We know that can’t be right.
2-3-2015 Intel Guru Freeway Bill …with everything that is coming out right
now, I feel confident that we are just in a waiting process while they dot the i’s
and cross the t’s.
2-3-2015 Intel/Newshound Guru tman23 The fact is that added liquidity to banks
and then to much liquidity is the key core for inflation…A foreign currency
auction is a tool used bt the Central Banks which indirectly absorbs the excess
liquidity…The catch 22 is… Iraq cannot RV or RI with 3 zeros included on the
notes, the liquidity in banks would be instant hyper-inflation…and to cap the
foreign currency sales at 75 million…This is partly due to the new payment window
AND the steps for lifting the 3 zeros.
2-3-2015 Newshound Guru Aggiedad77 [why is today’s (Monday’s ?) auction at 91.7
million when according to the they should have a cap of 75 million?] IMO…they
had such an auction today…because they can …the budget has not yet been signed,
nor printed in the Gazette so therefore it is not law yet…gives the CBI a few days
to still have auctions outside the CAP that was established in the budget.
2-3-2015 Intel/Newshound Guru American Contractor There are very valid and
concrete economic reforms inside the 2015 Federal budget. There is still a waiting
period for implementation. It could very well exceed the 15-day waiting period.
The Iraq Parliament Economic Committee has the next several weeks to coordinate and
implement those economic reforms. It is the reason they have a major meeting in
Baghdad on 5 February 2015. The Exchange rate has changed. Today the market rate
is 1250 IQD. The U.S. currency is limited in the streets of Baghdad and across the
country. Iraqi’s are feeling the austerity measures and are holding on to their
dollars for as long as they can. You will see actual currency reform when the ISIS
terrorists are all killed and all Iraqi banks are back in control of the Central
Bank. Until then, the Iraqi government will continue with austerity measures and
obtain loans from International Monetary Fund (IMF) and perhaps World Bank.
Private loans from wealthy Arabs are in the works.
2-3-2015 Intel/Newshound Guru Poppy3 THE CBI NOW CARRIES THE BALL HANDED OFF TO
THEM WHEN THE GOI FINISHED THEIR PART ON THE 31ST. THE CBI NOW HAS TO FINISH THEIR
PART AND THEY ARE WORKING OVERTIME AS FAST AS POSSIBLE TO COMPLETE THEIR AGREEMENTS
TO SUPPORT THE GOI AND THE FUNDING OF THE BUDGET. …THIS IS SIMPLE, WHEN THEY GET
THEIR PROCESS COMPLETED WE WILL GET PAID… RV IS FINE AND ON THE WAY…
2-3-2015 Newshound Guru Millionday Article quote: “…a member of the
parliamentary Economic Committee, that “some of the paragraphs of the general budget
for the current 2015, a source of wonder, and other improper and ambiguous,”
expected to “return the dinar exchange rate against the dollar to normal after a
month from now.” THIS IS THE HUGE UPROAR TODAY WHILE EVERYONE TRIES TO FIGURE OUT
WHAT IT MEANS…YOU MUST ASK YOUR SELF — WHAT IS NORMAL? NOTE — SALEH STATED
YEARS AGO THAT IT WAS WHAT IT WAS IN THE 80`S — AND SO WE MUST SEE.
2-3-2015 Newshound Guru Tlar Article: “A set of economic laws will go on
legislation in the next phase” IMO these laws as important as they are, will not
delay the illusive RV. The next phase is the phase we will be in after the budget
is opened and the after dinars are disbursed. It is my belief that the currency
value will change before they disburse the first dinar… Bxxxx, thanks for the
article showing they intend to pass the money out within 10 days. We have a bench