KTFA
Jeff12 » November 30th, 2021
IMO, This article is a DOOZY when you do the math. Comes out to $3.67. WOW.
Samson » November 30th, 2021
Kuwait confirms receiving $1.47 billion in war compensation from Iraq
30th November, 2021
The National Bank of Kuwait reported today, Tuesday, that Kuwait has received $1.47 billion in war compensation from Iraq.
The bank said that “Kuwait received compensation payments from the United Nations Committee from Iraq for the war, amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year.”
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He added, “The remaining amount is 629 million dollars for final payment.” LINK
MilitiaMan » November 30th, 2021
What is surprising is they tell us that war compensation payments of $1.47 billion dollars reflects .4 billion Dinar. We cannot just assume that they are using IQD and not KWD in this context. But, since they typically show equivalency and the payor is Iraq to Kuwait in dollar terms, then the amount of $1.47 billion coming from Iraq to Kuwait would be from Iraq using their money in equivalency, as they are the ones owing the payments and not the other way around.
So, by that this looks to be a potential leak and front running imo.. As if the assumption is correct?
We shall see at some point if this represents an international payment to Iraq with an internationally accepted Iraq Dinar with real value..
The math supports a big surprise. lol.
The 2022 has to have the details of the 2019 FMLA, 2020, 2021 budgets sorted prior to opening the 2022 budget, imo..
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Thus, this surprise that is apparently about to happen is economically tracked and that plans will be changed due to the surprise in an exchange rate.
Budgets are about money.. So we can wonder, do they mean that a new exchange rate (that is to be the opposite of the present rate), as being the surprise?
I would s-----t that frankly, yes!!! imo It is possible..
With having new revenue streams coming on line at the borders, ports, agriculture, tourism, 500 billion in potential money recently clawed back, a new digital platform on line, new multi-currency Visa Cards, new digital payments and settlements across borders and new digital communications data storing place, I s-----t that there are good reasons out to support that change is coming. imo ~ MM
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Samson » November 30th, 2021
Adviser to the Prime Minister: The 2022 budget is guarded by surprises and includes appointments
30th November, 2021
An economic advisor to Prime Minister Mustafa Al-Kazemi revealed that the financial budget for 2022 includes job grades and appointments.
Mazhar Muhammad Salih told {Euphrates News}: “The economic fears about the 2022 budget are due to the pandemic, and all economic tracks and plans are changed by surprises.”
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And he indicated that “the 2022 budget is protected for all surprises and is rationally planned,” noting that “there are laws that obligate appointments, and it is certain that the budget includes them.” LINK
Ross » November 30th, 2021
the current KWD is worth $3.31 US. Does that help imply that this is actually IQD and not KWD ??
IAM » November 30th, 2021
Excellent point, Ross.
Source: Dinar Recaps
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