Dinarland Highlights – 5.28.22
Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister… Let’s just sit back and watch it all play out.
“Parliamentary agreement to complete the draft food security law“
The FSL is a “filler” with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course needs a new government or for the current government to be granted full authority. The FSL is not a substitute for the general budget, assuming they ever pass the general budget, then it would be a substitute by default. Certainly the FSL will not have what we all seek.
THE LAST FEW WEEKS OF AUCTIONS HAVE BEEN UNDER THE CONTROL OF THE CBI. NOT ONLY ARE THE CITIZENS EXCITED ABOUT A COMING NEW EXCHANGE RATE BUT THEY ALSO KNOW THEY WILL HAVE AN INCREASE TO THEIR INCOME THROUGH THE HCL AND NOW THE CITIZENS ARE REALIZING… THAT MORE PURCHASING POWER IS COMING THROUGH THEIR GOVERNMENT VIA CBI/AUCTIONS.
Nader From The Mid East
“Iraq will never reinstate their money. Their money will never go up.“
You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look all around us the least the dollar..the Saudis…you can buy for I think 58 cents for a dollar…I think there is a big chance of reinstating. A big chance…
[Response to Guru Godlover Post below]
THE FSL IS THE ALTERNATIVE TO THE BUDGET 2022 SINCE ITS TAKING TIME TO PASS THE NEW BUDGET 2022 DUE TO LACK OF SEATED GOVT TILL THEN THEY CANT WAIT AND NEED TO PASS THE FSL IN ORDER TO GIVE RELIEF TO THE POOR CITIZENS EVEN LOOK AT TODAY’S ARTICLE…THE PM ADVISOR SALEH IS CONFIRMING THAT THEY NEED TO LEGISLATE EITHER OF ONE OF THE TWO THE FSL OR THE BUDGET IN ORDER TO DISBURSE OF THE ABUNDANCE OF WEALTH THEY HAVE IN THEIR TREASURY TO THE PEOPLE OF IRAQ . PM KAZEMI IS IN CONTROL OF ALL THIS AND WANTS ALL THE BEST FOR ITS CITIZENS GL HOPE IN YOUR OPINION YOU MAY BE WRONG THIS TIME AT LEAST IT WILL BENEFIT THE CITIZENS OF IRAQ AND WE DINARIANS IMO
[Nader said…that the dinar rate was only going to be 1 to 1.]
He said that rate made sense to him…he also said that all the areas around Iraq, even those that do not have the same wealth have rates in the $3’s…but that 1 to 1 to made the most sense and then let it float. I agree with him…that does make sense if Iraq goes without the rest of the world with the NEER (Nominal Effective Exchange Rate) rate…but we did see with government documentation that they want the NEER at about $1.60 and then let it float…IF they go solo. If they go with the Global Currency reset they can justify a considerably higher rate. So the rate will depend on if Iraq goes solo or if they go with the rest of the world.
“Saving a Homeland: The government will be formed within the next two months“
I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post two scathing reports on the lack of movement politically. Not only have they the pressure from the UN, the IMF, the UST, the World Bank, even the CBI supports they are moving faster than months out...imo.
There are some things I notice about Iraq that just drives me insane. They’re so on the verge of just being where we want them to be so we can make something off this investment – it’s just so close, but then every time it’s like, ‘Oh, you almost had it…‘ So close, so close, but not quite there yet…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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