Category Archives: Uncategorized
Pimpy
Pimpy – Dinar Guru Article: “Iraq Pays Its WTO Membership Amounts” This is good news. Iraq has finally paid their membership dues and they can continue to move forward doing what they need to do to ascend into membership with the World Trade … Continue reading
Paulette
Paulette – Dinar Guru The CBI has a lot to accomplish prior to Budget funds being disbursed. Look at how busy Alak was this [past] weekend. Hopefully, we see the implementation of the “Delete the Zeros Project” prior to the Budget becoming … Continue reading
Militia Man
Militia Man – Dinar Guru They’re talking about establishing a city that’s a financial and business center in Iraq…Could you imagine one square square mile or a half a mile of high-rise buildings all for a financial district on the amount … Continue reading
Pimpy
Pimpy – Dinar Guru About a year and a half ago Iraq mentioned they wanted to remove the 50,000 and 25,000 dinars out of circulation and use them specifically for bank transaction or large business transactions…What he’s not understanding is … Continue reading
Pimpy
Pimpy – Dinar Guru So will they continue to use the 50 and 25,000 dinars to do large bank transactions? Of course that’s possible. Will the dinar note look the same as we know today? Heck no. Those notes will no longer be any … Continue reading
Militia Man
Militia Man – Dinar Guru The 25k notes – if they change the value – that value goes with it because you can’t have 2 exchange rates with an international currency. It’s not going to work. Never has been even suggested…the project … Continue reading
Clare
Clare – Dinar Guru “urgent… The President of the Republic ratifies the budget law” Quote: “Today, Wednesday, the President of the Republic, Abdul Latif Rashid, ratified the Federal Public Financial Budget Law…approving the budget is a turning point for the government to … Continue reading
Clare
Clare – Dinar Guru Article: “Al-Kalabi: The President of the Republic did not sign the budget in order to study it well, and he has “15” days” Quote: “he has a validity of 15 days, and if it is not … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I feel we have been in a critical period of the currency reform program since January of this year 2023. Now we are in a “vital” period since the three-year budget has been passed on Sunday … Continue reading
Militia Man
Militia Man – Dinar Guru To be an observer component of the WTO you have to be responsible. You’re supposed to pay your fees and dues. Iraq hasn’t been paying their dues since 2018. Why would you pay your dues if you’re … Continue reading
Nader
Nader – Dinar Guru If he (it, “the RV”) doesn’t go on July we’re not going until 2025. I’m sorry to give you this bad news but if it’s fixed it’s fixed. They are going to try to work on the … Continue reading
Paulette
Paulette – Dinar Guru Implementation of Article 140 seems to be on the horizon… This is likely the bone that was thrown to the Kurds in order to get the Budget passed. Latif, a Kurd, wanted to make sure the Supreme Judicial … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq Pays The Sums Of Its Membership In The World Trade Organization” Quote: “The Minister of Commerce and Chairman of the National Committee on Iraq’s accession to the organization had issued directives to give the … Continue reading
Paulette
Paulette – Dinar Guru They continue to talk about the “parallel rate” when they have been talking about “a significant drop in the dollar”. Saleh clearly noted “2% Required”. They are still hovering around 10%. They have put many things in place … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Iraq is witnessing remarkable growth in the world of e-commerce for the first time“ Obviously this is good. It’s another one of those things that helps strengthen the economy inside Iraq. As you are aware the stronger … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru On the surface Iraq appears to have achieved a measure of stability. The country finally has a functioning government after a year-long political vacuum. Terrorist violence has fallen to its lowest rate since the … Continue reading
Nader
Nader – Dinar Guru The ATM I cannot comment on it because I never saw a newer ATM, maybe operated like I told you before. But they’re not loaded with smaller categories because they didn’t even print it…They have picture of … Continue reading
Babysmom
Babysmom – Dinar Guru …THE PRESIDENT OF THE REPUBLIC IS “REVIEWING” THE BUDGET. …HE HAS 15 DAYS TO SIGN/ RATIFY THE BUDGET OR IT AUTOMATICALLY BECOMES LAW. HE HAS SAID ON NUMEROUS OCCASIONS HE PLANS TO SIGN IT.
Paulette
Paulette – Dinar Guru Community comment [Thank you for your Application to join the WTO Iraq – just an FYI – ‘You ain’t getting in with a program rate of 1,300 to 1’] I disagree…the rate is irrelevant to the World… … Continue reading
Militia Man
Militia Man – Dinar Guru They said in numerous articles that once we have the budget law done that the next step would be to expedite the oil and gas, which is the hydrocarbon law that takes care of the citizens.
Kaperoni
Kaperoni – Dinar Guru Passing the tripartite budget is more or less the beginning of events that will follow. They now have the ability to launch the rebuilding of their country, encourage foreign investment, continue to develop the banking system.
Paulette
Paulette – Dinar Guru ALL is GOOD as of today. Look at all they have and are putting in place just this year. I like this window going into July for something to change. However, stay grounded as we really do … Continue reading
Pimpy
Pimpy – Dinar Guru People are claiming they can’t do reconstruction and anything else with the 1300 exchange rate. Yeah…They sure the hell can. That’s why the entire budget is based on that rate…The budget is the largest in history of Iraq. … Continue reading
Militia Man
Militia Man – Dinar Guru The budget will not work with a mechanism of 1310 exchange rate. Not a chance.. Al-Alaq the CBI Governor knows that imo.. Very much so…A three year budget is meant for to keep pricing for materials in check … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru If the CBI was successful in regulating the use of the dollar in Iraq and now the conversion solely to Iraqi dinars as their national currency, then the redenomination to the lower denominations this could go … Continue reading
Paulette
Paulette – Dinar Guru The Budget is NOT law yet…Usually at least 7-10 days to be approved and signed by the President and then 3 days Gazette posting…
Militia Man
Militia Man – Dinar Guru JP Morgan one of the largest banking entities on the planet, worth about 4 trillion dollars didn’t come into Iraq to do business in a quagmire. They came to do business in a functioning government with … Continue reading
Pimpy
Pimpy – Dinar Guru There was a change to the exchange rate. Yes you heard it. They changed the Iraq exchange rate. Sure enough it was in there and yes it went in the right direction. Article quote “…the budget set the … Continue reading
Kaperoni
Kaperoni – Dinar Guru This is a very good first move for Iraq now that they passed this tripartite budget. It gives them a 3-year window to begin to diversify away from oil.
Mountain Goat
Mountain Goat – Dinar Guru …what took place these last 4-5 days culminating in completing the passing of the budget, getting it ratified and in the gazette…is important not because the RV rate is in it because it will NEVER … Continue reading