Dinarland Highlights – 11.26.22
“Industry: Five thousand plants will start production in the coming years“
“The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets…with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts..”
“The British Financial Times newspaper published an article…about…the theft of $2.5 billion in Iraq…according to the Ministry of Finance, armored vehicles carrying $2.5 billion belonging to the Iraqi Tax Authority disappeared between September 2021 and August 2022...the trucks loaded with tax money left the state-owned Rafidain Bank, and took their usual route to disappear in broad daylight in what is known in Iraq as the “theft of the century.”
…my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December…
What law is important to us now? What law are we looking for? IMO the budget law is the spearhead of all laws…Not the HCL. Because the Budget Law has the HCL in it. It is the Budget Law, that is what we are looking for.
FIREFLY: The CBI is talking…they’re saying it’s still too early to introduce the 20,000 note into circulation…we agree. Not until we have a seated government and open budget then maybe they could do that…
FRANK: The 20K…may be a deterrent. It may be a smokescreen.
“Al-Sudani stresses the need to complete the draft budget law as quickly as possible“
“the necessity of completing the budget bill as quickly as possible, and submitting it to the House of Representatives, so that it enters into force without delay.“
EXCELLENT! – SO GREAT TO SEE THEM IN A RUSH TO GET IT DONE!
I want to touch on rumors that have been spreading quickly from redemption contacts…they are very squarely…hearing it will happen Wednesday night into Thursday morning of next week… I know we have heard this before, but it’s very encouraging that I am hearing this from different parts of the country. They say that the logistics have been done for some time…and now they have pounded out the remaining political issues. We shall see…I just find it questionable that we have a specific date right now. I believe we are close though. I still can’t believe we are this far into November and don’t have it yet.
[if it’s supposed to happen before December there’s not much time left!]
This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new date on it…they want to cloud the timing of this thing as hard and as diligently as they can. Be prepared for that. Remember that this is a “when” not an “if”. We will never know the exact timing.
Community Member Comment: Its great to see them trying to rush the budget law but also remember this is iraq great with words and slow with action…maybe this time they will actually do it on time.
SUZIE: Let’s hope so, it seems like the last couple years things always look good at this time of the year only to have “something” get in the way and it carries on. Perhaps this year will be “the best Christmas ever”!
MEMBER: We should have a very good idea on the 9th since we were told that is when the budget is supposed to be given to the goi”
I still hear that there’s people out there talking about the rate changes going to be in the budget, here’s my thing, until the budget comes out we’re not going to know. Right now it’s all speculation. I think BS but we’ll see.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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