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Dinarland Highlights for July 17, 2023

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Dinarland Highlights – 7.17.23

Bruce (The Big Call)

[via WiserNow]

we have information that says we are in a window… We’ve been told by some of our redemption center people that this could happen at any time…

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Pimpy

Article:
“Parliamentary Finance likely to launch budget funds after July 18”

So here we are. We’ve passed the budget. It’s made the Gazette and still they have not allocated out the money.

I know they have been approached by the BRICs  but you’re not going to see them go because the IQD and Iraq is still under sanction and restriction by the United States government.  Not to mention we hold their gold and we hold their foreign asset reserve.  So no they’re not going make that move.  I wouldn’t worry about it, not at the moment…

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Jeff

Everybody’s…focusing on releasing of the the budget monies.  They are under the assumption that releasing the budget monies brings forward the rate change.  I’m sorry but it doesn’t work that way.  There’s other steps that have to happen that introduces the rate change.

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MarkZ

[via PDK]

For the implementation of the budget…I am still waiting for an update out of Iraq. My last report on Saturday afternoon was they were expecting the “go” yesterday on the budget. It is already approved…just needs to be put into affect with all the money moving where it is supposed to.  My finance contact over there thinks this is a serious key piece before they change the rate. So we are watching it. There is a lot of pressure from the Iraqi people on the government to release these budget funds……this is a good thing.

…My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today. And we will see those articles  all over the papers tomorrow morning.  He says this was an enormous, key piece that needed to be done before they could change the value. Overall still positive stuff. Nothing negative. I don’t have a great idea on timing but they still are looking between the 15th and the 18th…If this is accurate tomorrow should be a wham bam day…

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MilitiaMan (KTFA)

Iraq has been destroyed and war torn. They are going to need the IFC (International Financial Corporation)…Their main business is taking countries to the private sector.  It’s phenomenal.  Anybody that says, ‘This will never happen.  Is not going to happen.  It’s a scam.’  They’re misled.  That’s all there is to it.  This country is going international…

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Wolverine

Guys we are closer than I can say at the moment. It is all confidential hush-hush things are quiet right now but everything is looking good. That’s all I can say.

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Frank26 (KTFA)

All we are looking for is when is it going to happen…I have no idea when it’s going to happen but I’ve never seen it poised the way it is right now…

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Kaperoni

Question:
US [IQD] paper holders should be able to exchange in the US for US$ at some point in the future?”

The dinar is a currency of a country therefore it has monetary value that can be exchanged at any time at its current value. Any alternative process is unknown

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Petra (KTFA)

What is stopping them from moving forward?  …yes, the rate…AND…Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI...With the article indicating the Parliamentary Finance Committee recommending that the Budget to be released on the 18th is a “message” to Alaq to move on the rate!

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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