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Iobey777: HUUGEE!!!IMO!!! Calling to have the auctions only ONCE a week!!! WOW!!
Samson: Deposit of intermediary companies
4th July, 2019
To / All Authorized Banks ( Deposit of brokerage companies to enter the window of sale and
purchase of foreign currency
We affirm our pledge No. (190/5/9) in 2019/5/12 to the necessity of only one deposit
a week by companies mediating the sale and purchase of foreign currencies for the
purpose of buying the dollar from the window of buying and selling foreign currency
MilitiaMan: This is a slam dunk! The auctions have been stopped as we knew them as of today. Timing? lol
Then see #198. (below) It says exactly the right thinking on the matter of reduction of the three zeros correctly..
"some describe this reduction as support for the global economy"..
They are absolutely correct in my opinion.
Lifelesson: The auctions will never end.. but just change in the way they are used.... if they arent surviving on auctions of hundreds of millions of dollars a week and only having one auction a week then ....... this should be the final count down. !!!!
Post #198: Change the value of the Iraqi currency ... benefits and costs
4th July, 2019
The importance of the Iraqi currency and its impact on the Iraqi economy in light of the current changes The Department of Economic Studies in Beit al-Hikma held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs" under the chairmanship of Prof. Dr. Falah Hassan Thoini, / 7/2019 on the seminar hall in Beit al-Hikma.
The seminar was attended by Dr. Mazhar Mohammed Saleh, financial adviser to the Prime Minister, as well as Professor Dr. Mahmoud Mohammed Dagher, Director of the Department of Financial Operations and Debt Management of the Central Bank of Iraq.
The participants discussed the problem of changing the value of the Iraqi currency and the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy and some see the deterioration of the purchasing power of the Iraqi individual.
Dr. Mazhar Mohammed Saleh talked about the policy of the Central Bank since its establishment so far in a concise and clear as the goal of the bank is to manage the monetary expectations and how Iraq's oil revenues since 2003 to 2014 is improving continuously so there was no budget deficit.
He pointed to the role of Iraq and the agreements signed with the International Monetary Fund and its impact on the Iraqi economy. He concluded by discussing the need for new policies that are consistent with the central bank's policy of reaching solutions.
Dr. Mahmoud Mohammed Dagher discussed the current exchange rate regime for two years in Iraq and mentioned facts about the Iraqi economy for 2019.
The promise of the devaluation of the Iraqi currency affects all the real and monetary balances of the Iraqi economy because one of the reasons for inflation accompanying the reduction ignites expectations and pressures towards the continuation of subsequent reductions decisions.
In conclusion, there were comments from the audience and views and proposals on the decision to reduce the Iraqi dinar. The seminar was attended by Dr. Ihsan Al-Amin, Chairman of the Board of Trustees of Bayt Al-Hikma and a number of prominent personalities in the banking and financial field and a number of academics. link
VIDEO LINK IN ARABIC
Hengist: Devaluation is what I am reading - but on the plus side it is DEBATING pros and cons - nothing finalized
Frank26: FRIEND .................. READ AGAIN ............... WITH AN ARABIC MIND THAT UNDERSTANDS ARABIC AND RELATES TO THEIR COLLOQUIALISM ............
OR TRY TO TRUST DELTA AND MY TEAMS.......... BECAUSE INTERNET TRANSLATIONS ARE LIKE OCTOPUS ..........THEY SUCK….ROTFL…..OR NOT .......
Jess4950: Are you kidding me. Come on guys. Frank has taught us better than this. Dropped zeros. Creates reduction in paper Iraqi currency thus more purchasing power. Ri. RV. Imo
Fuze: At this STAGE, in the process to RAISE the Value, they Certainly can't say it. It's customary and appropriate to proclaim the opposite.... To those who know the history of these monetary moves, was expecting this.....Great News!!!
RMF: IMO IT IS A TRANSLATION ISSUE: MEANING DROPPING 000’s AND NOT USING THEM ANYMORE ONLY SMALLER DENOMS
Toyvp: THIS ARTICLE IS ACTUALLY LONGER THAN WHAT WAS RELEASED SO WHAT YOU ARE SEEING NOW IS JUST THE BEGINNING OF THE 2ND ARTICLE
Frank26: WHY DOES A LADY NOT REVEAL HER AGE ? WHY DOES A PERSON NOT SAY WHO THEY VOTED FOR ? WHY IS A FAMILY SECRET ............ A SECRET ? BECAUSE IT'S NO ONES' BUSINESS TO KNOW UNTIL ................. THAT SOURCE FEELS IT'S .................. YOUR BUSINESS. BTW CONFUCIUS DID NOT SAY THIS .............. I DID .............LOL
Kimbu: this is good news. not to cause trouble, but i am genuinely asking why the ' second article' did not have the date and rate? we've been under the impression all these years that the second article would have those two tidbits of information. is this not it?
Frank26: DESSERT SAID ................... KONA ......... FF FOUND THE START OF WHAT WE CALL THE 2ND ARTICLE. IMO .............. THE 2ND ARTICLE IS COMPETING WITH ............ THE DATE. THINK LONG ABOUT WHAT I JUST SAID. FOR THE INTERNATIONAL WORLD HAS BEEN DOING THE SAME THING IN THE LAST 6 MONTHS OF 2019.
DELTA: THANK YOU SAMSON FOR YOUR HARD WORK...FAMILY I DID LISTEN TO THE VIDEO IT'S ONLY 5 MINUTES...THEY DID TALK ABOUT THE PAST AND WHY THEY HAD TO DEVALUE DINAR AT THAT TIME AND HOW CBI HELPED GOV DURING ISIS...THIS IS NOT IT ...
THERE IS MORE INFO COMING ABOUT THIS EVENT ...ALSO CBI ANNOUNCED INCREASE IN RESERVE TO 72B DON'T EVEN THINK FOR A SECOND THAT THEY WILL DE VALUE....HAPPY 4TH OF JULY FAMILY..
Samson: Planning and Economic Council discuss the development of the Iraqi private sector
4th July, 2019
Minister of Planning Dr. Nuri al-Dulaimi, on Thursday, discussed with members of the Iraqi Economic Council the need to support and develop private sector joints to diversify the sources of the national economy.
The Minister of Planning Nuri al-Dulaimi: We must be free of egoism and personal interests so that we can move the wheel of reform and empower the private sector and take bold decisions do not take into account any partisan interests or personal or electoral to be an important role in the private sector to address many of the problems suffered by the public sector".
In turn, engineer Baqir Mashat member of the Iraqi economic Council noted that "a number of important economic issues during the meeting, including the interest of the universities of modern disciplines in the labor market and not just the traditional topics that are outdated and these modern disciplines that needs The labor market in Iraq disciplines of marketing, sales and human resources management.
He added that it is necessary to pay attention to the social security law of the private sector, as its application will attract labor to the private sector to guarantee their pension rights and increase employment opportunities in the private sector, which will reduce demands for employment in the public sector.
Al-Mashat pointed out that "the state must transfer the ownership of the lost and stagnant projects to the private sector through investment, where the private sector will rehabilitate these projects and make them profitable with the benefit of experienced workers." The Minister of Planning promised to visit the car assembly plants, Of the companies ZESCO and the spring of Zamzam one of the companies of the Economic Council in Alexandria, Babil province.
Popeye7: Someone had mentioned Christine Lagarde earlier in today's blog, and I pulled up her numerology video again, and viewed it... Interesting that she is exiting the IMF after stating last year when ask if she would take the job she has been offered as the EU's central bank head, she ruled herself out in a Sept 11 interview...
Here is the link.. Lagarde Financial Times
There is a quote from that interview when ask if she would accept the job she is now accepting, she emphatically states 7 times "NO"...
Now she is slated to the be the new head of the EU central bank... Notice during her speech back in 2014 she oddly address's the National Press Corp. about the world economy by injecting numerology...
The number 7 is used throughout her speech, and she states the the world was just beginning to come out of the deep freeze that had begun 7 years prior during the economic meltdown that took place...
She always stated, (which has always puzzled me as to how she would know it would be 7 years), that the world, at some point yet future, would experience a 7 year period of strong economic growth... At the end of this portion of this 5, and half year old address, she indicated that she hoped that the G20 would be of help to ensure this 7 year period of prosperity would take place, as well as the IMF... As we all know, the G20 conference was this last weekend...
So this Saturday will mark the 7th day since that meeting of the G20 ended... That day will be 7/6/2019... If we compress, or add those numbers together we have the number 25... (7+6+2+1+9=25).. Compress the 25, and we have 7... The next day of course is 7/7... Which is "7 two times."... Which she declares during this speech as well... The number 25 was used also when she declared that the Berlin Wall had fallen 25 years ago from the year 2014 back in 1989... Here is the link to that video from 2014...
Lagarde's numerology speech
Will President Trump's speech ignite the fuse which leads to this weekend explosive RI in Iraq?...Will this be the catalyst for the 7 year period of economic prosperity that Christine Lagarde spoke of in her speech?...
I believe much that has been done though out history was predetermined long before transpiring... This RI date is no exception...
Again, we must ask ourselves as I have mentioned before in the past about this 7 year period of strong economic growth Ms. Lagarde mentions in her 2014 speech...
Frank, Delta and KTFA Members Thursday PM 7-4-19
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