Dinarland Highlights – 1.10.22
“Unanimously… ‘Progress’ and ‘Azm’ choose Al-Halbousi as a candidate for the Presidency of Parliament“
This should go quickly – If they’ve already unanimously voted in Halbousi. He’ll be speaker, you have your two lieutenants and then from there they will vote on the President of the Republic of Iraq. I’m anticipating that the winner will be Salih…nothing can be accomplished until the new government is established and in place…a big hurdle was just passed now we’re going to see what it leads to…
…things are moving extremely fast. A change can be posted instantly by the CBI and the government because of the way they have set the education up with the citizens right now. The billboards are ready to run because they are electronic. The float is extremely important. It’ll follow right after this phase. It has to right away to take advantage of the 1 to 1 rate…
[So, they are kicking the can again?]
I do not believe they are kicking the can. This is being done in a slow methodical process and we are in the middle of it. I think we are just more worried about them getting money to us then they are.
[Saw…that Dr Shabibi passed away on 9th.]
…it’s a sad day that he did not get to see this RV over the finish line. He is the architect of this RV…but his passing does not in any way affect the outcome. I just think it’s sad that he did not get to see the fruition of his life’s work.
…I’m hearing from many that there may be a “hard wall” of Jan. 15th. I am always afraid to put lines in the sand because they find a way to kick them. My redemption center contacts are very positive…they had meetings this morning to be prepared for anytime after Wednesday. I take that as good news. Everyone is ready and prepared…they just need to get us over the top…In Iraq the new parliament is seated…they still need to finish filling positions…but, this does not have to be done for the RV. They can raise the rate at anytime and the important thing is they are moving forward.
The world bank reports that over the last decade Iraq’s oil revenues have amounted for more than 99% of exports and 85% of the government’s budget and 42% of the GDP. Based on the World Bank’s recommendation when the country provides a higher percentage of income and jobs outside of the oil then we can look for a possible float in the Iraqi dinar…
“Iraq’s new parliament elects Sunni lawmaker Mohammed al-Halbousi as speaker, marking an important step towards establishing a new government..“
The idea behind getting the Iraqi dinar now is that it’s cheap. It’s very inexpensive…Then the question comes, ‘When it does revalue, what do we do with this? Where do we take it because banks right now don’t accept this. So you can’t go down to your local bank…it’s not on the international trading market…
“when it revalues will it be?”
“So you have to wait till it revalues then you can go down to your bank?“
Just go to a place that accepts the currency Iraqi dinar. IQD is the code…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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