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Dinarland Highlights – 8.2.23
MarkZ
[via PDK]
I know a number of very connected people who are traveling to be in place by Friday. I hope it means this thing is finally coming to an end. We just don’t know. But it is very encouraging the sheer number of reports from folks that were asked to travel and be in place. Stay calm – but this is getting interesting.
“Iraq and Kuwait to settle territorial and maritime borders” They are sitting down and working out anything left on the table from the Iraqi invasion of Kuwait under Saadam Husssein. They are committed to settle any outstanding disputes including joint oilfields…The information continues to be phenomenal from Iraq…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: TV news saying from parliament the work of the budget law will increase the value of the dinar…saying budget to be implemented in next few days and committee formed to watch the exchanges.
FIREFLY: That US ambassador said the CBI took appropriate actions on the banks that were dealing in dollars so the sanctions were removed on those banks. Word of that has the street market already lowering and getting better…
There are no issues with Kurdistan . There are no issues with the monetary reform. Both of them are being attacked by…Iranian politicians that want to steal. Everyday they’re being caught…busted… arrested. Every day they’re being kicked out of Iraq . Every day they’re loosing their merchants and losing their banks. Good. Because that is what’s stopping you from having the new exchange rate of the Iraqi dinar. That is what’s stopping them from releasing the new lower denoms and coins…
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Mountain Goat
There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar reinstated. But remember also they can not just pop it out there either since they must follow the process of deleting the zeros…The RV is coming but I refuse to hype up events and lie to you. WE must relax and let it come to us.
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Pimpy
We’re all waiting for the budget law to finally be passed. We heard it was passed but we need instructions on how to allocate out the budget. This is the craziest thing I’ve seen. This is what I talk about all the time when it comes to Iraq. They just can’t get their crap together. This law was passed how long ago? It made it through all the proper steps…it was published and then halted waiting for instructions on how to allocate out the money which is like the craziest thing ever.
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Samson (KTFA)
Article:
“Al-Sudani: The instructions of the general budget law will be published this week in the Iraqi Gazette”
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Clare (KTFA)
Article:
“Al-Sudani: Budget instructions will be published next week”
Quote:
“The State Council has completed auditing the instructions for implementing the financial budget for the three years 2023-2024-2025. The achievement took place in the presence of the Minister of Finance, Taif Sami, and representatives of the Ministry of Planning and the relevant authorities, for the purpose of facilitating the procedures for implementing the tripartite budget.“
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Walkingstick (KTFA)
The articles are not keeping up with where the monetary reform is right now. It is far more advanced than the articles are indicating…the budget is primed, locked and ready…one of the very first line items in the budget is the new exchange rate and that’s why they say when the budget law is enacted the dinar will increase in value.
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MilitiaMan (KTFA)
If you go back a month, two months or three months you can see there’s been progress. I know it seems like they always seem to be kicking the can but to be fair I think what’s happening is it’s like a moving target. It’s constantly being adjusted and many many many things are happening behind the scenes…
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Kaperoni
…When they mention delete the zeros. They are talking about a redenomination/LOP. Not what we want.
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Bruce (The Big Call)
[via WiserNow]
As far as we can tell by the sources that we have, everything is done on the banking front…I’m really looking forward to getting something in the way of a notification. Hopefully, tomorrow. Now, this guy wouldn’t have said unless he believed that’s what’s going to happen….Things are definitely happening… let’s see what happens.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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