Iraqi Dinar Guru opinions 6-14-16
Iraqi Dinar Guru opinions 6-14-16
6-14-2016 Newshound Guru mike Article: “The central bank plans to activate the “special anti-money laundering unit” and is considering cooperation with the Association of Banks” I think they’re just activating the AML that Parliament’s already passed. It’s one of the first steps to joining the international banking community… The CBI is supposed to be separate from the government and they do maintain control over certain aspects of monetary policy but in the end, they still need the GOI to create legislation and provide the foundation for a change in the currency. If anything, Shabibi taught us that the CBI is not completely independent from the GOI, at least not yet anyway.
6-14-2016 Newshound Guru wmawhite “He praised the Governor of the Central Bank of Iraq on the Keywords big efforts made by the Iraqi private banks association…the central bank is ready to cooperate with the Association in the implementation of programs is in the financial and economic sector…and the subject of the fight against money laundering…” This article is about the Iraqi Private Banking Association training Iraqi citizens in the fight against corruption, money laundering, and terrorism financing within the Iraqi financial sector. The association had their first graduating class and they were congratulated by the Governor of the Central Bank of Iraq. …the importance of this…is that Iraq is now training their own citizens to do what other countries were having to do for Iraq…This is the building of “Institutions” Here an Association of Private Banks…is taking the lead in fighting corruption. …Iraq is “turning the corner” and will earn the respect from other countries. Action as required by the LOI… “IMF 2016 LETTER OF INTENT…The government will implement reforms on anti-money laundering and combating the financing of terrorism (AML/CFT).”
6-14-2016 Newshound Guru firefly IMF stated Iraq WILL enter the Global Markets during the 1st half of 2016. I havent seen or heard anything different yet.
6-14-2016 Intel Guru hub can Iraq never put a better value on the dinar that the ole 1170/1? yes…they do not have to have a value greater than this. if they dont revalue, what will happen. contracts of all kinds will be paid at the 1170 rate and hundreds of trillions of dinars will be owed. so we have the so called richest country in the world with a currency along the value of the worst currencies in the world. 100’s of trillions of dinar at a 1/10cent each scattered all over the industrialized world if contractors will even accept this exotic currency. so now iraq has a LOT of 1170 currency out when they finally get the goi in order, the cbi in order, the terrorist rounded up, imf satisfied, un satisfied, wto satisfied, bis satisfied, ust satisfied, and every other three letter agency we have heard about satisfied.
6-13-2016 Newshound Guru firefly Quote: “The IMF Board could consider the three-year SBA [Stand By Agreement] once agreed prior actions have been implemented, in June or July.” once agreed prior actions have been implemented…The key here is the 3 yr SBA should go into effect once the agreed upon actions HAVE been IMPLEMENTED…Straight from the horses mouth folks!
6-13-2016 Newshound Guru rcookie THE NEWLY ANNOUNCED CUSTOMS INCREASES REFER TO INCREASES IN CERTAIN GOODS THAT WILL SEE SPECIFIC INCREASE FROM THE 2010 RATES THAT WERE LAUNCHED IN JANUARY ACROSS THE BOARD…THEY ARE REPORTED TO IMPLEMENTED ON THE 15TH…THIS IS WHAT THE IMF TASKED THEM TO DO…THEY NEED TO GENERATE 7.8 TRILLION IN NON OIL REVENUES…AND THIS IS WHAT THEY DID…AND HAVE BEEN DOING SINCE JANUARY…THEY LOOK TO BE ON TARGET…ACCORDING TO REPORTS…
6-13-2016 Newshound Guru rcookie THEY NEED THE TAX REVENUE GENERATION AND THE TIMELY, ACCURATE AND TRANSPARENT FINANCIAL & ECONOMIC REPORTING FROM ALL PROVINCES SO PURE…RAW DATA CAPTURE IS FINALLY MADE TO IMF…WB…WTO ETC…THIS IS TO WEEN THEMSELVES AND GDP AWAY FROM OIL DEPENDENCY AS THE IMF AND ALL INT’L AGENCIES HAVE BEEN SCREAMING AT THE ENTIRE REGION ABOUT…DIVERSIFYING REVENUE STREAMS AWAY FROM OIL…THIS IS TO PROVE THEY ARE CAPABLE OF A FULLY FUNCTIONING AND EXECUTABLE BUDGET..
6-13-2016 Newshound Guru Mountainman [My understanding of a LOI, is to outline an agreement before it is finalized. It is to indicate the intentions of both parties in a formal written manner.] Yes and No…it’s CONTRACTUAL…Meaning ONCE You Signed it…You are BOUND by IT…Thus IRAQ has No RETREAT…and The CONSEQUENCES are DIRE…WAKE UP Call IRAQ…
6-13-2016 Newshound Guru firefly Article quote: “…a proposal from the Iraqi government for economic and financial reforms approved by the International Monetary Fund and considered successful in this area…” Looking good folks. NO CHANGES from their plan! in fact IMO, they are well ahead of the agenda. […you have any odds for this by the end of the month? 50-50? or perhaps better?] IMO it can literally happen at any moment.
6-13-2016 Intel Guru SteveI Article: “Iraq says IMF deal “on track” as cabinet approves reform package” This is simply awesome news. It is all coming together very nicely. Quote: “help the country overcome a cash crunch caused by declining oil revenue”. We were told that the government was out or running out of money to even make upcoming payroll. I see good great times ahead for all of us including the Iraqi Citizens and the global economy.
6-13-2016 Newshound Guru rcookie …THEY HAVE BEEN COLLECTING THE 2010 CUSTOMS TARIFFS SINCE JANUARY…WHAT THEY ARE TALKING ABOUT NOW IS REVISING AN INCREASE INTO SOME OF THE TAX RATES AND WILL BEGIN IMPLEMENTATION AS OF THE 15TH BY MOST REPORTS..