6-18-2017 Newshound Guru MilitiaMan Article: “Look at the general framework of the National Development Plan 2018 – 2022? I presume everyone realizes what this means. We know specifically that the 2016 – 2020 plan was about preparing to be a market economy. This is about the plan to manage, by implementing and activating the market economy with impartiality, transparency, lack of nepotism and monopolies. They want it done smartly with the people and government being on a level playing field. The key take away imo is they finished the MRs and now are prepared to activate and manage them. The UNSC document put out two weeks ago explicitly tells us they are going to close the escrow on the oil for food program. Effectively once that is done they will be out from under Chapter 7 which includes having ended the MCPs and lifting of the three zeros while going into the international stage with the new value of the IQD.
6-18-2017 Newshound Guru MilitiaMan There is data out there that looks to suggest that financial institutions and money exchangers were told there will be an announcement, submission and deposits to that effect at the central bank if Iraq on specific dates this next week. If that data is true and is lining up to be on time it fully supports and is in line with the UNSC documents that the escrow funds will be completed before the end of the month. Thus the portion of Chapter 7 regarding Monterey policy will be over and the new 2018 – 2022 plan is to be then implemented. In other words have your act in order. May I suggest a nice cool glass of water and an aspirin before bed? Lol we don’t need any UN wanted heart attacks or strokes when this goes live… Cuz…it is about to breathe! IMHO.
6-18-2017 Newshound Guru Enorrste According to the CBI website the Gross Foreign Assets at the CBI as of May 25, 2017 totaled $53.4 billion. Saleh has stated more than once that the dinar is or will be one of the strongest currencies in the world and a reserve currency: “Saleh said the Agency (news) said on Saturday: The dinar today has become a strong and like a hard currency through the Bank’s policy Central control of the cash raised in the local market. He explained: that the dinar covered in hard currency at a rate of more than (100%), and this rare condition, and has a cash reserve large hard currency than for (60) billion dollars retained by the face of difficult circumstances that may occur in the country, giving the power of the dinar against foreign currency. This statement was made in 2012 but he has reiterated it several times.
6-17-2017 Intel Guru Delta [Why is the CBI training new personnel in July (July 2 to 20th)?] They will need more employees. IMO — They are ramping up. Business inside of Iraq will increase. Article 8 will help with everything increasing. They are expecting more and more business coming to Iraq.
6-17-2017 Newshound Guru mike What Iraq needs to do is abandon the centralized, socialist economic model and embrace the 21st century. Get the banks up to snuff so they’re used for more than a currency trader, pass the economic laws and champion the open market economy. The Balassa-Samuelson effect is what raises the value of the currency, not the tweaking of the sale of foreign currency purchases. IMO.
6-17-2017 Newshound/Intel Guru Mnt Goat Articles: From 2013 – “3 zeros canceled by the Central Bank of Iraq” Fast Forward 2017 – “CBI Governor Supports Deleting the Zeroes” let’s…look at what the CBI told us last about the project to delete the zeroes. …one article is from the GOI (finance commission) and the other from the Central Bank of Iraq (CBI). …they are both support this move in currency reform. The second article from 2017 does not say anything about an RV in the beginning of 2017, but rather says it is “expected to start with the beginning of 2017”. But what does this statement mean? It means they expected to start the process, but later in April we read another article from the finance committee telling us they “postponed” the start timeframe until further notice… “postponed until further notice” sometime in the future. That’s is where we stand. The CBI has not told us anything else since. So have we now heard from the CBI they are continuing? NO! A BIG fat NO! No one will know the date or rate!