Dinarland Highlights – 5.24.22
Hopefully we keep rolling forward… Hopefully, this is over by the end of May.
…Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about… But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it…
IMO there will be two meetings. This will be the CBI, the government of Iraq – Kazemi, Minister of Finance, Minister of Planning, they’re going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you’ll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq.
Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally …Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)… they are talking about the new small category notes.
…this could be a possible big weekend…it’s a 3 day weekend with Memorial day. The goal was always to release it on a 3 day weekend. We are in a great spot…
[The Nominal Effective Exchange Rate was last said to be about $1.60 per each USD…]
Yes Iraq has already addressed this NEER rate….their expectations if it is to go as a nominal effective exchange rate is around $1.60. They have talked about this in their own news, in the banks and government… I still hear it will go at an Re-instatement at a minimum of the mid $3 range…
“Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption“
To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well…The UST has this week again noted that there is to be 137 countries that will be applying 15%+- Taxation and all will be digitally applied… Bye bye corruption.
So many things that are now working in parallels from taxes, tariffs at borders, the arrests for the corrupt, the pressures from the UN and even…by an International Justice Minister arriving of late. The world is watching and helping all they can along the way…It is looking to be about that time where they put the exchange rate into gear.
“Any word anything happening with Warka [Bank in Iraq]?”
All the banks in Iraq are in the exact same position and all their currency is guaranteed by the CBI…the money is still there and it’s still backed up. We just got to wait it out…I have a ton of money in Warka so I’m in the same boat. We just have to wait it out and see how these guys open up the doors.
People want to pull their money out now and I understand that but when they start adding value to the currency…how fast can we pull it out? What’s the limit per day? …they’re still there. They’re still good. And they’re still 100% insured.
“For the seventh consecutive day…Iraq without deaths from the Corona virus“
We all know that’s good news because it allows them to open up everything and get back to business as usual, as quickly as possible until…
“Efforts for a “legal justification” granting Al-Kazemi’s government the authority to send the budget to Parliament“
THERE IS AN OPTION TO PASS IT UNDER KAZEMI, WITHOUT THE SEATED NEW GOV…IMO
“I understand that it can pass with Kazemi. My question is do we still have to wait for the RV even if the budget is passed due to the fact that there is still a caretaker government?“
IMO – NO…BECAUSE IT WILL ALL BE EXPOSED!… THEY WILL RELEASE ALL THEY HAVE BEEN HOLDING BACK FROM THE CITIZENS OR THEY MAY HAVE THE TIMING OF THE NEW GOV WORKED OUT WHERE IT ALL SHOWS TOGETHER…WE SHALL SEE!
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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