Author Archives: The Dinar Observer

MilitiaMan – Dinar Guru   Article:  “The House of Representatives votes on the Federal Financial Management Act“   With the CBI talking about issuing small again from account balances, reeks of the Banks know the rate, as they would need to adjust for equivalency … Continue reading →

Adam Montana – Dinar Guru   [I understand oil is over $60 and Iraq has a lot of oil, but oil is only one of the variables…What about; – a fully seated government – HCL, Art 140, FML – IMF Art … Continue reading →

Guest Guru Future – Dinar Guru   Article:  “…The financial management law has been finalized”  Quote:  “A member of the Finance Committee Majida Tamimi confirmed on Thursday the finalization of the Financial Management Law.”  [They said they have voted on the … Continue reading →

MilitiaMan – Dinar Guru   Article:  “THE PARLIAMENTARY FINANCE IS COMPLEMENTED BY THE FINANCIAL MANAGEMENT LAW”  Quote:   “At the end of the meeting, the Chairman of the Committee announced the completion of discussions on the law and readiness to vote in … Continue reading →

Future – Dinar Guru   …we got the new international trade bank in SA opening up, we have the FML to be voted on to raise the value of the dinar and protect foreign investors, we have new atms coming out … Continue reading →

Future – Guest Guru   Article:  “Halabousi receives Assistant US Treasury Secretary”   Quote:  “The meeting discussed the promotion of cooperation between Iraq and the United States of America, especially in the economic and financial fields. The meeting was to enhance the … Continue reading →

Tman23 – Dinar Guru  The only possible time Iraq can lift the zeros is start of July (or 2 weeks prior) or start of the New Year (or 2 weeks prior)… July starts the second half of the fiscal year, it … Continue reading →

Mountain Goat – Dinar Guru    There is no mention of a scheduled timeframe for voting on the current list of candidates for the last of the four ministers.  Coalitions must agree on the candidates of the four ministries vacant, before the … Continue reading →

Frank26 – Dinar Guru   Article:  “Halabousi receives Assistant US Treasury Secretary”  “The meeting was to enhance the prospects of cooperation between the Iraqi and American banks, and the need to develop the Iraqi banking sector and economic reforms through the activation … Continue reading →

Tman23 – Dinar Guru   Surely every IQD holder knew the Shia militias were a problem and that means IRAN…Last post I made was that on May 6th there was to be a huge transfer of funds paid to US by … Continue reading →

 Mountain Goat – Dinar Guru  What does Sadr mean when he says “to give the people back their wealth”?  What he means is this. Supposed someone had 2 million dinars before Oct 2003 worth a rate $3+ per dinar (when … Continue reading →

Mountain Goat – Dinar Guru   …Moqtada al-Sadr spoke in parliament and stated that he wanted the promised reforms and the “wealth of Iraq given back to the nation”.  He is putting pressure on parliament and the GOI to get the reinstatement of … Continue reading →

G-Lin – Dinar Guru   Article:  “Agenda of the session No. (22)Thursday, May 23, 2019”  Quote:  “First: Vote on the draft Financial Management Law. (Finance Committee).”   Vote on FML Thursday I hope.

MilitiaMan – Dinar Guru    Another thing to think about is that Alak is the Vice President now of the AMF and will get the seat as President in the next Session.  Are we to think he got all his awards, has … Continue reading →

MilitiaMan – Dinar Guru   [Referencing WTO Document]   … The part where it says they are members and their status is complete is interesting!  Thereby, imo when they lift the exchange rate to trade they, us…as in you and I, the ITB, etc.., … Continue reading →

Breitling – Dinar Guru   If there’s lack of information for a couple weeks I’m not shaken and neither should you.  Regardless of what everyone else has said or what they thought about the dinar, their opinions.  We still stand on the … Continue reading →

Breitling – Dinar Guru  So you can get all the people with the PHD’s or whatever background and whatever bull$%&* they wrote and everything else, they will never ever be able to get around that.  They just simply can’t do … Continue reading →

Breitling – Dinar Guru    “…Am I reading this correctly?” Absolutely.  That’s exactly what it is.  It’s a major major deal for us.  But before you get too excited remember it doesn’t say when they’re going to do it and they don’t give us … Continue reading →

Breitling – Dinar Guru   There is massive phenomenal news coming out of Iraq…article “The Finance Committee rebuild the of the draft for the Financial Management Bill and announced the establishment of a mechanism to pay off foreign debts warn the committee on … Continue reading →

Mountain Goat – Dinar Guru   Article:  “CENTRAL BANK OF IRAN WILL LAUNCH ITS NEWLY-DEVISED INTEGRATED FOREIGN EXCHANGE MARKET NEXT WEEK”   …this “unified currency market” is of course a tactic from Iran in order to circumvent the US sanctions.    It will be … Continue reading →

Adam Montana – Dinar Guru   Oil is still strong above $60.  Remember I said months ago that $60 was the target? Target reached, stability is being proven on a daily basis, and that is perfect. Any huge spikes or drops would be bad. OIL … Continue reading →

Larrykn – Dinar Guru   […2020…we will be lucky to see it then.]  the way they are moving, I just don’t know.  Alak was brought in by Maliki, I’m wondering why he is still here now. I was thinking they would have gotten … Continue reading →

Mountain Goat – Dinar Guru   Reconstruction:  We can see…that in Kurdistan region that they are moving ahead with the continuation of the construction of the high-rise buildings.   …Today they are moving ahead with these projects once again building housing units and … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQ’S OIL MINISTER DISCUSSES PLANS TO STRENGTHEN ITS OIL INDUSTRY, DIVERSIFY ITS ECONOMY AND ATTRACT FOREIGN INVESTORS”  We know that 80% of Iraq’s economy is dependent on imports from Iran. Two of these major imports … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Financial inclusion and sustainable development”  Quote:  “…it is very clear that there has been a positive change in the scene Financial and Monetary For the Iraqis, after the launch of the strategy of the Central … Continue reading →

Delta – Dinar Guru   Article:   “Economist: War on Iran raises the value of the dollar in Iraq…”   Quote:  “The outbreak of war on Iran, regardless of the position of Iraq, will have an impact on the Iraqi currency to increase … Continue reading →

Larrykn – Dinar Guru  …Iraq needs to get away from the auctions. to much corruption in it.  If Iraq could ever agree with each other and get politics out of the way, they might get something done…time will tell if their … Continue reading →

Chattels – Dinar Guru   Article:  “Foreign currency markets in Baghdad recorded a stable dollar against the dinar on Sunday, reaching 120,000 dinars on all local exchanges.” I think that it is accurate to observe that the market price on the dinar is … Continue reading →

Delta – Dinar Guru   Article:  “The parliamentary economy warns of the doubling of external debt because of the benefits … Finance Committee reveals the “Zora” details of the Financial Management Law and announce a mechanism for debt repayment”   Quote:  “…committee awaiting … Continue reading →

Chattels – Dinar Guru   We are now almost one year and counting on the formation of a completed government / cabinet in Iraq.