Dinarland Highlights - 7.27.19
Frank26 (KTFA)
IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
______________________________________________________
Chattels
Article:
"IMF Executive Board Concludes 2019 Article IV Consultation with Iraq"
Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
______________________________________________________
Vital Brad
Article:
"The appointment of new governor of the Central Bank and a head of the Financial Control Bureau"
Quote:
"the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..."
On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
______________________________________________________
DELTA (KTFA)
FROM IMF REPORT:
"Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1"
BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
______________________________________________________
Mountain Goat
Article:
"REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS"
So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since...
So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms.
...These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much!
---
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Frank26 (KTFA)
IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
______________________________________________________
Chattels
Article:
"IMF Executive Board Concludes 2019 Article IV Consultation with Iraq"
Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
______________________________________________________
Vital Brad
Article:
"The appointment of new governor of the Central Bank and a head of the Financial Control Bureau"
Quote:
"the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..."
On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
______________________________________________________
DELTA (KTFA)
FROM IMF REPORT:
"Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1"
BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
______________________________________________________
Mountain Goat
Article:
"REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS"
So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since...
So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms.
...These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much!
---
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
0 Comments: