Dinarland Highlights for May 8, 2022

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Dinarland Highlights – 5.8.22

Frank26 (KTFA)

The ISO was to put the IQD in a position to go international.  For trading International.  To pay their bills in their own currency.  To deal with cross-border payments.  This is huge.  It’s a platform to go international.This is the window for the IQD to go outside of its borders and float.  Or fix it.  I don’t care you can do whatever you want now…They’re going to float it in my opinion.

Article:
Iraq…Ambiguity surrounding the 2022 budget

What’s in the budget… the new exchange rate...

Quote:
“calls to restore the exchange rate of the dinar against the dollar to its previous era.”

There is no ambiguity.

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MilitiaMan (KTFA)

Sadr…gave a 40 day period out to the Coordination Framework to form a government and they are said to have failed. Also, this week we have seen that Sadr gave the independents up to 15 days to form a government with the Sadr’s block. An article suggests that the Independents could actually get on board within days and wa-laa here we are seeing them meeting tomorrow…there was approximately 220 seats under Sadr that didn’t get him the 2/3 majority. But, if the independents come on board adding 35+-  seats may give Sadr what he needs to form the government.

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Pimpy

Article:
Al-Kazemi’s advisor puts forward a proposal to double growth rates

Oh, yeah baby!  That’s what we want to see!

Quote:
Saleh proposed on Saturday to raise the volume of investment in six sectors to double growth rates…

…Iraq needs to take that money that they make from the oil revenue and start rebuilding a lot of the different sectors…which has been happening ever since Al-Kazemi has been in office…if we’re thinking about changing the overall exchange rate of the Iraqi dinar you must first have a very secure economy…the private sectors – let’s get them rocking and rolling!

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Kaperoni

Former deputy CBI gov and economic adviser to the PM Muhammed Salih stated that Iraq is worth about $16 trillion dollars including oil and all minerals in the ground.  So there…$16 trillion dollars!

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MarkZ

[via PDK]

I am hearing great things out of Iraq, but their value has not changed yet…the only RV news for the day is Sadr has summoned the finance minister and the CBI Governor to meet on the 12th of May. My Iraqi sources are looking for a “Public” release from that meeting. I got this from a couple of sources that made me feel very good. Some sources in Iraq and some sources out of Iraq.   I think we are in the final days. This lines up with well with what my DC insiders are saying.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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