Sept. 1st – “FB Live” Video Link
From our Sept 1st Facebook Live. “Verify Your Dinar”. We re-recorded this – I hope this works better for everyone.
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The government is finalizing the 2018 budget. Parliament is expected to arrive next month
Special – Mawazine News The deputy of the Committee on Economy and Investment parliamentary Najiba Najib, on Thursday, the government to finalize the draft budget in 2018, while expected the arrival of the bill to parliament next month.
The parliament approved last year most of the articles of the financial budget for 2017, which included the deduction of salaries of employees and the imposition of taxes on the travel sector and refused to grant employees leave for five years.
“Najib told Mawazin News that the central government is in the process of finalizing the draft bill of the budget of 2018, before sending it to the House of Representatives to vote it expected at the same time the arrival of the draft budget next month to parliament.
There are expectations in parliament that the government will work to reduce the financial budget for matters related to (military operations) considering that Iraq is close to ending all operations against elements of the organization calling for the terrorist
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Adam Montana (Dinar Guru) – …we do have some encouraging tidbits. OPEC – there are already talks of extending the current agreement, which Iraq is in a great spot to take advantage of. Most of the news you will see and hear is glossing over the very important fact that Iraq has an exemption in this deal. This is a big deal for them, and the more the media ignores it, the more I like it! Kurdish Independence – the date for the Referendum, however meaningless it may turn out to be, is still September 24. This gives us a mere 18 days between now and then to potentially see some big news on several fronts. We are standing by for news to pop, probably out of nowhere, unexpectedly, and possibly groundbreaking. I’m sure you’ve heard the phrase “the calm before the storm”…and I’m not talking about Irma! [post 1 of 2….stay tuned]
Read more: http://www.dinarupdates.com/observer/
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Breitling (Dinar Guru) …It’s very simple for them to start adding value to it [dinar] especially with what they’ve already done. Again and again and again I get emails from people asking, “What do they need to do?” Iraq doesn’t need to do anything. They’ve gotten their currency down to where you and I can exchange for up to .54 or 55 cents. Where are they going to come out? I don’t know. Can they pull more dinar off the market? Sure they can. I haven’t seen any reports on what they’re doing. There really hasn’t been anything out there…there hasn’t been for a while. I know what they’ve already done. And I know what you and I can exchange at. And I know they’re primed to do it. And I know what the market is and it’s a long trend. That’s what they have been waiting for.
Read more: http://www.dinarupdates.com/observer/
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Upcoming visit to Abadi to France
Visiting Prime Minister Haider Abadi soon France in response to an official invitation.
Official spokesman said the Prime Minister, Saad Al-Hadithi, in a press statement Wednesday, the Iraqi Prime Minister’s upcoming visit Haidar Abadi, to France in response to an official invitation.
“The French President invited the shifty official Iraqi Prime Minister Haider Abadi earlier to visit France”, adding that “the date is not selected until now.”
With newly confirmed on a visit to Ankara Abadi, said “there is no information about the Prime Minister’s visit to Turkey.
Read more: http://www.dinarupdates.com/showthread.php?54000-Upcoming-visit-to-Abadi-to-France
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Assignment of a number of general managers in the Ministry of industry to integrity
Referred the Inspector General’s Office at the Ministry of industry and minerals, on Wednesday, a number of general managers to engender fairness, pointing to irregularities in Baiji fertilizer plant investment contract.
He said the Ministry’s Inspector General Adnan Karim Salman, in a statement, the Agency has received a copy of {Euphrates news} today that “investigations conducted in accordance with the provisions of the order {57} Act 2004 guidance, monitoring and direct support from industry and minerals Minister Mohamed sheyaa, on the number of files and issues concerning the Ministry And its subsidiaries, which transmit a number of general managers and boards of Directors to engender integrity for causing harm in public money.
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Mike (Dinar Guru) – Article: “Iraq is an international indicator of the failure of most countries to attract investments” Quote: “Specialists in economic affairs confirmed that the invitation of the Prime Minister and the previous calls can not be anything move unless action to improve the business environment in Iraq.” And then ” he can not move anything with all these calls if no action is taken to improve the business environment in Iraq.” Three years ago Iraq came upon a fork in the road when oil prices dropped and they should have addressed the above concerns instead of taking the beggars road. ...Iraq has to pass the legislation to enable the open market economy. The time for committee’s and forum’s have passed, open up the country for investors to bring the capital needed to rebuild the country and advance Iraq as a whole instead of the elite in government. The red tape and corruption are choking growth. Necessity is the mother of all invention, hopefully Iraq has a plan to do something now.Emotions aside, this is the economic reality of Iraq.
Read more: http://www.dinarupdates.com/observer
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Kaperoni (Dinar Guru) – As I have stated on numerous occasions, any bank that wants to do business with Iraq can. And any bank that wants to do financial transactions can. The lifting of sanctions on Iraq several years ago achieved this. That being said, doing business with a central bank in Article XIV is risky and very few if any will do business with Iraq while they are still under IMF Article XIV. Until they achieve the requirements of Article VIII and accept it, most foreign banks will shy away from Iraq. Think of IMF Article VIII as an international standard.
Read more: http://www.dinarupdates.com/observer
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Japan lend Iraq $500 million
The Japanese Embassy in Baghdad, signed a memorandum with Iraq to provide financial loan capacity 500 million dollars to improve the Government’s financial circumstances Iraq and achieve in the areas of administration and finance.
The Embassy said in a press statement obtained by the news, “economy”, “held the signing ceremony of the exchange of notes in Baghdad for Japanese ODA loan and the loan aims to improve the harsh financial circumstances and financial reform the country by helping the Iraqi Government in Current reforms in the areas of administration and finance.
“The decline of world oil prices in recent years has resulted in a sharp drop in government revenues, and Iraq was forced to increase defense spending and provide relief to those displaced by the terrorist organization of ISIS operations causing increased government spending, saying that” according to IMF estimates , The budget deficit reached in Iraq years 2016 to 14.1%. In the same year in debt arrived to 66.9% versus GDP. ”
Read more: http://www.dinarupdates.com/showthread.php?53996-Japan-lend-Iraq-500-million
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Click this link to join the DU “private” FaceBook Group…
https://www.facebook.com/groups/571383766355188/
(go here and ask to join… then add some Dinar Friends!!)
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Post RV Checklist (it’s getting to be that time!! Listen up!!)
Dos and Don’ts of Windfall Wealth:
Treat it like a PowerBall win
– Tell no one, not even family. If you must talk, do so with one who is already in the know.
– Don’t run out & buy new “stuff”. People notice.
– Get an unpublished number and give it out very sparingly.
– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…
Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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