“NSCN’s Coming to a Bank Near you Soon” – Thoughts/News from KTFA Frank26 8-31-21

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KTFA

Frank26 » August 31st, 2021

“THESE NSCN’S…  COMING TO A BANK NEAR YOU SOON”…..F26

Proposal to digitally reintroduce small denominations

Sunday 29 August 2021   Baghdad: Mustafa Al-Hashemi

The expert in economic affairs, Dr. Hussein Al-Khaqani, suggested to the Central Bank to digitally reintroduce small denominations, which would provide sums for the public, after amending the digital banking system.

(THEY’RE TELLING YOU THE NSCN’S WILL COME AFTER… F26)  (new small currency notes)

Al-Khaqani said that {small cash denominations, which are smaller than 250 dinars,

(DENOMINATIONS UNDER 250 ARE CALLED NSCN’S A 1, A 5, A 10, A 20, A 100… F26) 

if they are collected and accumulated annually, the citizen will get good savings from them, instead of wasting them on buying goods that are not worth their real value. 

The 250 dinars. He pointed out that “the records of government departments used to contain parts of the 250 dinars currency, but they were settled and made into the currently circulating cash denominations, as imposed by reality, transactions and the public’s acceptance of them.  LINK

(THEY WILL COEXIST!!! AND IT MUST NOT FAIL WITH THE CITIZENS!!!…F26)

.a dinar 250 note.jpg

“IN THIS VIDEO ARE THE WORDS: SOLUTIONS, ECONOMIC REALITY, CENTRAL BANK POLICIES, WHITE PAPERS, WORKSHOPS, RECOMMENDATIONS IN THE FORM OF A BROCHURE, RESEARCH CENTERS, 25 INTERNATIONAL CENTERS PARTICIPATING”………….F26

Al-Rafidain Forum in its third session will be launched in Baghdad, with the participation of local and international centers, to provide state and society institutions with expertise and strategic visions.
For more details watch this video: pic.twitter.com/fOu28ucyPh

— Government of Iraq – الحكومة العراقية (@IraqiGovt) August 30, 2021

(NOT AT A SANCTIONED PROGRAM RATE!!!…F26)

Adviser to the Prime Minister: The 2022 budget will be distinguished by something important, and we do not rule out surprises   

08/29/2021 11:36:08

The Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Muhammad Salih, revealed an “important matter” in the draft financial budget bill for 2022.

Saleh told {Euphrates News}: “This budget will be characterized by greater revenues and less deficit if the spending ceilings remain less than the deficit, as the financial obligations will then be lower.”
 
He added, “It is the duties of the current government as long as there is plenty of time to prepare the budget, even if the new parliament wants to make observations or make changes to it.”

Saleh pointed out, “Circumstances are changing, and there may appear surprises, as it relied on an oil price of 50 dollars per barrel, according to what was announced by the Ministry of Finance.”

And Finance Minister Ali Allawi announced last Thursday the completion of the preparation of the draft financial budget law for 2022, and that it will be presented within 3 weeks to the Council of Ministers. And Allawi indicated in a press statement that “the price of a barrel of oil in the 2022 budget will be $50, or 65% of the total. The state budget goes to salaries, and OPEC may add 450,000 barrels to Iraq’s oil production.”  And he indicated, “There are about 6.5 million citizens who receive financial dues from the state.” 

He pointed out, “The state’s oil resources are eroding due to the large obligations of salaries and retirement, and that the improvement in oil prices does not solve the financial distress quickly because of internal and external debts, and the state’s resources in Iraq are used incorrectly.”   LINK

Source: Dinar Recaps

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