Dinar Recaps

View Original

TNT, Frank26, and Currency365 Wednesday PM 12-2-2020

TNT:

Tishwash:  Tahrir Square in Sulaymaniyah is full of angry protests (video and photos)

Crowds of citizens demonstrated in Sulaymaniyah Governorate, on Wednesday, against delayed payment of salaries, and the poor economic and living situation.  

The "People" correspondent said (December 2, 2020) that crowds of citizens and employees demonstrated in Tahrir Square (Saray Azadi) in Sulaymaniyah Governorate, protesting against delayed salaries and mismanagement of natural resources, demanding the eradication of corruption and administrative reform.  

He added that the demonstrators called for the salaries to be released without delay and without deductions, and for the start of the school year.  

And he indicated, that the demonstrators chanted slogans calling for an agreement with Baghdad to hand over oil revenues and customs revenues, promising to escalate if their demands were not met.

link

See this content in the original post

Tishwash:  Kurdistan demands 17% of Iraq's budget ... and borrows $ 355 million to meet the deficit

Mubasher: Masrour Barzani, Prime Minister of the Kurdistan Region, said that if the region’s salaries do not arrive from Baghdad on time, the regional government will fill the deficit by borrowing until the salaries allocated from Baghdad arrive.

This came during the regular session of the Council, today, Wednesday, headed by Masrour Barzani and in the presence of Deputy Prime Minister Qubad Talabani, according to the council statement.

The Prime Minister indicated at the beginning of the meeting, that there is no party that cares about the lives and livelihood of citizens as much as the regional government, which has done everything in its power to secure the salaries of the Kurdistan Region.

Barzani affirmed: "The region's financial dues are legitimate rights for the people of Kurdistan, and we will never give them up, and we will continue our talks with the federal government in order to guarantee our constitutional rights."

The Prime Minister added, "We were in constant contact with the Iraqi Prime Minister, Mustafa Al-Kazimi and the Iraqi Council of Ministers, and we received a promise from them to solve the salary issue within the next few days."

And the President of the Kurdistan government added: "If the salaries of the region do not arrive from Baghdad on time and for any reason, the Kurdistan Regional Government will fill the deficit by borrowing until the arrival of the salaries allocated from Baghdad, after which the borrowing amount will be repaid from the sums sent from Baghdad."

The Kurdistan Regional Government also confirmed that a delegation from the Kurdistan Regional Government will visit Baghdad soon to discuss the outstanding problems, noting that the Kurdistan Regional Government will borrow $ 355 million to meet the deficit.

"The Kurdistan Regional Government will borrow $ 355 million to meet the deficit until the funds arrive from Baghdad," said Kurdistan Regional Government spokesman Jotyar Adel, in a press conference.

He added, "The territorial government was able to provide 400 million dollars from imports for the distribution of salaries," noting that "the regional government will do everything it has to get the region's dues and employees in particular."

He continued, "The region asked the center for a share of 17 percent of the budget, but this will be through dialogue," noting that "the problem with Baghdad is not just a matter of salaries," noting that "the central government has promised to solve the issue of regional employees' salaries."

After discussion and discussion, the Prime Minister directed to start disbursing the salaries of October, starting tomorrow, Thursday, December 3, with a funding rate of 79 percent, and the Cabinet decided to send a government delegation to Baghdad as soon as possible, with the aim of defense About the constitutional rights of the Kurdistan Region.

In the second paragraph of the meeting, the Deputy Prime Minister presented a draft review and organization of the fees charged in exchange for the services provided, and called for the expediting of sending data on expenditures and revenues of all ministries to the Supreme Committee with the aim of reorganizing them  link

************

Courtesy of Dinar Guru

Frank26   Article:   "Iraq seeks to "sell things" at about $5 billion to citizens"   ...This is huge.  This is monstrous.  Bonds.  No other guru is talking to you about this...this is so important.  The article very plainly tells you, 'we are going to fix the exchange rate...it's going to be fixed against the American dollar."  That's a rate of 1 to 1.  They told you that many years ago and now they're telling you again now...  [Post 1 of 2....stay tuned]

Frank26  ...By raising the value of the Iraq dinar the citizens can go and buy these bonds as an investment with the Iraqi dinar...If you try to buy these bonds with the American dollar the GOI is going to tell you - nope.  No can do.  You have to buy with Iraqi dinars...by selling these bonds it's going to help the dinar - monetary reform.  Brilliant. [Post 2 of 2]

See this content in the original post

Kadhimi Proposes Replacing The Currency

Currency365:  Dec 2, 2020

https://youtu.be/xFNU7nZxYjM?t=4

Iraq Legal Investigating Corrupt Currency Auctions

Currency365:  Dec 2, 2020

https://youtu.be/J_RiYOEBxYU?t=1

See this content in the original post