Frank26 Video "The CBI Has a Surprise" Tuesday PM 6-16-2020

KTFA:

Frank26:  6-16-20....THE CBI HAS A SURPRISE

THIS VIDEO IS ALL IN FRANK'S OPINION

THE FAB 4=WTO, IMF, UST AND TRUMP

F26-Who is the Author of this plan?   Shabibi……and this budget will not be covered by a program rate!!!

They need the new rate. And they can do it now…safely.

https://www.youtube.com/watch?v=5Ek-dEHE9zw

Article Frank talks about tonight……

DELTA:  Parliamentary finance is drafting proposals to save Iraq economically and financially

June 15, 2020  

Baghdad / Iraq News Network - Member of the Parliamentary Finance Committee, Jamal Kujer, confirmed on Monday that his committee presented a financial plan that includes ways to address the economic crisis, which the country is going through to the new government, while pointing out that a new plan is being prepared and will be presented to the government as well. 

"The Presidency of the Finance Committee held a meeting with the Ministers of Planning and Finance, during which the most important ways to overcome the financial crisis in which the country was passing were discussed," Cougar said in a press interview.

 He added, "The plan presented by the Finance to the government of former Prime Minister Adel Abdul-Mahdi was resubmitted to the new government," noting that "the Parliamentary Finance is in the process of formulating a number of points and solutions to be submitted to the government as well.

"And, “The government’s going to tackle the crisis without returning to the financial committee is dangerous and massive, given that it is governments that have caused corruption and waste of money, and then government reforms have enacted laws and need to amend, repeal, or new legislation, because the government is obliged to return to the legislature To complete her mission.

” The country is beset by a financial crisis, against the backdrop of low oil prices, the invasion of the Corona virus, and the consequent decisions that exacerbated the crisis, from preventing travel, stopping flights, and closing some border points. 

The appearance of Muhammad Salih, the financial advisor to the Prime Minister, Mustafa Al-Kazemi, Monday (8 June 2020), revealed government measures to tackle the financial crisis, including the preparation of a new salary scale to be presented within three to four months, while he revealed a surprise regarding the currency sale auction that the bank valued Iraqi Central.

http://aliraqnews.com/

Frank26, MilitiaMan and more Sunday Evening 6-14-2020

KTFA:

Samson:  “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy PM and Minister of Finance @AliH_Allawi as he lays out the broad outlines of the new @IraqiGovt reform programme: pic.twitter.com/9TDATsocHn — Government of Iraq -(@IraqiGovt) June 14, 2020

Ryan1216:  Hurry Iraq lets go!

Don961:  Al-Shami provides a set of economic solutions that enhance production and services

Saturday 13 June 2020

Baghdad / Hussein Thagab 

 A set of immediate solutions to address the economic problems that move the country to safety, bypassing the number of challenges that have occurred in the productive and service sectors during the past period, provided by an expert in the economic affairs, which contributes to the transition to the path of real economic development. 

The head of the advisory board of the Baghdad Chamber of Commerce Salah Abd al-Mahdi al-Shami said: "The first step in which we must stand is to choose the management of the national economy from honest national experiences, especially the private sector that has successful experiences and possesses field expertise and financial solvency." 

Integrity and experience

"We suggest that there be a careful and accurate choice for a group of Iraqi businessmen who enjoy competence, integrity and experience with good reputation and have proven merit and success in their own business inside Iraq and from various sectors, as the reality requires a direct meeting between the group and officials in the Iraqi state and on top of them The Prime Minister and Chairman of the Council of Advisors to develop an integrated coordination work program aimed at activating the role of the private sector to participate in making and amending its own decisions and obtaining the required support to bring about change and positive shock to investors even foreigners with a correction movement in the previous economic platform and this is what is required in the beginning and regain the previously lost confidence".

Cash block

And between "the importance of establishing a large joint stock company (holding) by Iraqi businessmen and others and seeking the expertise required from various nationalities and focusing on purposeful and intelligent media focused on attracting the huge monetary mass that exists with citizens, which is estimated at a minimum of 45 billion dollars to convert the saved hard money into investment money Mobile serving the country to contribute to the existing public and private sector projects (hospitals, major industrial plants, agricultural fields, dairy plants, oil industry, etc.) in exchange for the shareholding company obtaining shares in those institutions in agreement with the state or according to the developer system with details to be developed later.

private sector

He pointed out that "the management of these projects will be joint between the private and public sector, if possible, and preferably at the very least, choosing the CEO of the relevant institutions from the private sector and according to the required jurisdiction, and it is possible to create projects for the major joint-stock company if the opportunities and conditions are appropriate for that." "Putting forward the idea of ​​the citizens' contribution to the big company indirectly by deducting part of their salaries for a certain period.

 In return, these amounts are in the form of debts on the state that can be dealt with later by increasing the proposed shares in the mentioned institutions or in the form of buying certain lands or Other emerging matters that help reduce the state’s need for the cash needed to pay salaries, and this is what is required.

Bank accounts

He pointed out, "The possibility of using the frozen bank accounts of the state represented in its various institutions (the pension fund, the trust fund ... etc) for the purpose of obtaining the public benefit through the large joint-stock company or putting forward the idea of ​​cooperation between the public and private sector in accordance with a vision that includes the management of the private sector for business With careful monitoring of the funds by the state, all the company's accounts, payments and contracts are monitored by a competent government committee or any trusted regulatory body. "

He pointed out that "the success of this plan requires focusing on the workers of successful honest and purposeful media with the presence of a legal committee that works to establish true Islamic controls that correspond to the fatwa of the rational authority and that are among the most attractive factors and persuasion to the public and increase awareness and national responsibility for them, because they have become decision-makers And king in state institutions. " LINK

MilitiaMan:  They are literally telling us they are going to a market economy. They have been hammering it home for months now.. But, now they are not only talking about it they are doing it.

They have immediate solutions to facilitate the cohesion of the public and private sectors! The are going to use the private sector professionals that have proven tract records of success, reliability and integrity.

They are to choose a CEO and management personnel from the private sector to gain the confidence of the citizens to the get the Chunky money =  $45 billion into the market place to grow the market economy. This is exactly what they have been working on for many years. Now they have to act and are acting accordingly.

They are even telling us they have intentions to bring about change through t a positive shock to investors. Let that sink in. Negative shocks are what they have been going through. Positive shocks are to the good.

It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. If we use the Stock Market as a platform for economics, we know that negative shocks relate to pricing of share going down and confidence is lost.

When times are good then prices go up. They even mention not only will local investors gain, so will foreigners..

By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing.. !!!

It looks as though the confidence in the beginning is needed to then launch a joint stock holding company with various trusted nationalities to help get the chunky money into the private sector to steam the monetary engine to re build the country.. Which is the goal for all of Iraq, not just a few!

It is all Iraqis responsibility to help make their country a better place to be and live in. The have the all the resources needed natural and human.. The citizens can contribute to the holding company out of salaries for future benefits and profits as they re build and grow.. I suggest they do! It can or will be a large venture for them that can be very profitable and with a national sense of pride and honor in being apart of it. 

The video above is short and sweet by Ali Allawi. It is the cutting of red tape to allow for this venture to take place. There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo.. 

The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow.. lol ~ MM

ALLAWI TWITTER: Ali Allawi @AliH_Allawi · 13m “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new @IraqiGovt reform programme:

Don961:  Al-Halbousi affirms the readiness of the legislature to overcome all obstacles in preparation for the implementation of joint decisions between Iraq and Kuwait

Localities 06/1420 2020 17:27 222 Editor: ht   
Baghdad today - Baghdad
On Sunday (14 June 2020), Speaker of the House of Representatives, Mohamed Al-Halbousi, confirmed that the legislature is ready to remove all obstacles in preparation for the implementation of joint decisions between Iraq and Kuwait.
The media office of the Speaker of Parliament said in a statement received (Baghdad today), "Al-Halbousi received the Kuwaiti Foreign Minister, Sheikh Ahmed Nasser Al-Muhammad Al-Ahmad Al-Sabah, in the presence of the Foreign Minister Fouad Hussein, and affirmed Iraq’s keenness to strengthen and continue cooperation and rapprochement with the State of Kuwait, and in all fields in a way that serves The interest of the two brotherly peoples. "

The statement added that "the Kuwaiti foreign minister congratulated on the occasion of completing the formation of the Iraqi government, wishing it success in facing the challenges."
He pointed out that "the meeting during which a number of files and challenges of common concern between the two brotherly countries and countries of the region were discussed, including the Corona pandemic challenges, the economic crisis in light of the deterioration of oil prices, security cooperation to eliminate extremist thought, as well as a discussion on activating the outcomes of the International Donors Conference to restore Reconstruction of Iraq, promotion of mutual trade between the two countries, cooperation in the field of energy and electrical interconnection.

The Kuwaiti Minister of Foreign Affairs pointed out that "there are clear paths between the two countries and a road map discussed with the Iraqi Ministry of Foreign Affairs to activate the work and decisions of the joint committee between the two countries."
The Speaker of Parliament confirmed, according to the statement, that "the legislature is ready to overcome all obstacles, in order to resume this cooperation and in high coordination with the Kuwaiti legislative authority represented by the esteemed National Assembly."
Ahmed Nasser Al-Ahmad Al-Sabah reiterated his country's keenness to establish strong relations with Iraq and support it in all fields, in order to achieve stability.   link  

MilitiaMan:  Look at the language we are seeing today in articles. The Donor Conference was recently mentioned by the World Bank in the video from the 11th. Spoke about the money from the Donor Conference may be on the table in the tune of over $30 Billion.

 I am sure that Iraq is keen on getting that fired up now with the New PM and his New Deputy PM who is the FM on the ground running!!! 

They are discussing restoring what was on hold. That too was mentioned by the World Bank. There were reasons they put the money on hold. One imo being they were not ready to raise the rate just yet.

Post 137 (above) suggests in my opinion they just told us they will have a positive shock in the beginning. Well, that shock will have the Kuwaitis and the Saudis imo happy campers , as will we (as we are foreign investors too.) and will be willing to bring in the Donor monies.. So imo we are about to get SHOCKED and AWED very soon by the looks of it.. imo ~ MM..

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Frank26:  6-14-20...... A SET OF IMMEDIATE SOLUTIONS

THE INFORMATION PRESENTED TONIGHT IS SOLELY IN FRANK'S OPINION

https://www.youtube.com/watch?v=-GIyF9LlNKQ

Mon. Night KTFA CC Replay and MilitiaMan Tuesday AM 6-9-2020

KTFA:

Frank26:  6-8-20.....LAUNCH

This video is in Franks opinion

F26: I will talk for the first 30 minutes then our news analysts will come on. Delta is sick tonight and will not be here.

PLAYBACK : 605.313.5163    PIN: 156996#

https://fccdl.in/P6hbvzdySH

https://www.youtube.com/watch?v=nD9YP62Kb1o

Don961:  Hiring a shrinkage predicament

Tuesday 09 June 2020
Mohammed Sharif Abu Maysam

 We are facing a financial crisis caused by low oil prices, and about treatments that target the pressure of government spending, an economy that suffers from structural imbalances that limit the movement of the market in light of reliance on imports to finance domestic demand, and talk about the intention to reduce the salaries of employees - which is the privilege of the first financier of the offer Cash, after declining rates of investment budgets over the years - along with the consequences of the Corona pandemic's repercussions of the available economic activities, which withdrew to the activities of the shadow economy.

The macroeconomic landscape has become a candidate for further deflation in light of these pressing data, which means that consumption rates must decrease at the expense of the commodity supply that is flooding the markets, which filters low inflation rates within the limits of total supply and demand, above all.

Here, two opportunities may arise at the monetary level that many enthusiasts demanded to liberalize the exchange rate, claiming the fear of depleting the reserves of the central bank in the currency auction, and limiting what is said about suspicions of corruption in the money-flowing operations out of the country:

The first relates to the low demand to buy dollars Due to the low rates of cash flow to finance foreign trade, in conjunction with a decrease in the income of the middle class, which will contribute to reducing exchange rate fluctuations, and consequently the possibility of the exchange rate to remain stable or fluctuation at initially acceptable rates, when following the “managed float” method that requires central intervention accordingly To supply and demand in the parallel market, in conjunction with pressure government expenditures.

Frequently, the demand to reconsider the auction of the currency sale or stop it permanently is repeated on the tongues of politicians and observers, so that it has become among the reform steps that have been talked about the intention to apply in the current stage, and the opportunity now appears favorable if the leaks that talk about pressure of government spending in the budget Half yearly to be presented in the coming days.

The second opportunity that can be filtered from this contraction relates to the possibility of raising the interest rate, with the aim of withdrawing the chunky cash block estimated by the Central Bank at about 70 percent of the issued cash. However, in light of the deflationary pressures, this measure can redistribute the monetary mass issued by the central bank between the banking trading scene and the local markets in conjunction with the introduction of modern banking technologies and systems that reduce slack rings and encourage the public to trade online towards reducing cash circulation within the framework of applying Serious to the program of financial inclusion, which means and necessarily the exit of monetary policy from the predicament of hoarding that it has suffered over the years and the liberation from the burden of financing foreign trade, which the liberals consider responsible for the total demand in the local market.    LINK

MilitiaMan:  When they speak of liberalization of the exchange rate they are talking about going into a market economy.This is good for the public welfare. They again are pointing out the pros and cons of what they can or can not do.

We can tell by actions of late with all the educational articles in regard to exchange rates, interest rates, investment, imports, exports, secondary markets, etc. that they are leaning to the below as the end to the financial crisis and will be somewhat painful at first for local goods, but in the medium to long term they will benefit.

 All the countries that have arrived on the scene today, along with those that arrived over the last few weeks, show that they are going to have permission for their currency to be exchanged with other foreign currencies with international acceptance.

They have been very vocal about it lately and i sure like to see them pointing things out. Getting the chunky back into the system, will be beneficial in the re investment of their own country.. Very good sign..  imo ~ MM

"The exchange rate liberalisation is a major ingredient of economic liberalisation. The
exchange rate liberalization means the permission for the currency to be exchanged with foreign
currencies for economic transactions that promote the economy and economic welfare of the
general public (Adam et al., 2010). The exchange rate liberalization is the route to link the
domestic economy with the global economy in pursuit of economic benefits advocated by
principles of international economics." 

Don961:  The agricultural sector needs promising investment plans

Friday 05 June 2020   Baghdad / Al-Sabah 

  The reform paper presented by the Iraqi Institute for Economic Reform, prepared by a specialized team of economists, addressed all the problems faced by the national economy, as it stood at the agricultural sector, which is a permanent oil when it finds promising investment plans that make it a real supporter of the sustainable development process. 

A member of the paper preparation team, Kazem Al-Oqabi, said: "The agricultural sector is an important axis in the economic development process that Iraq seeks, as it suffers from weak protection measures for the agricultural product, control and control over imported agricultural products, as well as high production costs for agricultural crops." 

tax

He pointed out that «the reformist paper focused on the importance of imposing a tax on imported agricultural crops and their products provided that the tax rate is calculated on the basis of the cost of the local product inside Iraq to achieve a competitive advantage with the local agricultural sector, and the approval of the import license only to enter crops and agricultural products and prevent irregularities, and the adoption of electronic governance And the completion of the institutional linkage between the state ministries and the formations concerned with this activity to ensure that the products allowed to be entered are properly entered, as well as to stop working with the exceptions granted contrary to the laws on plant and animal wealth and not to give any other exception ».

National products

And he stressed «the necessity of obligating all government ministries and institutions that have a feeding program for their affiliates to purchase national plant and animal products, and to support farmers, farmers and investors who support the agricultural sector with oil derivatives in terms of quantity and price as well as electrical tariffs to contribute to reducing production costs, and provide full support to establish agricultural areas on Like the industrial zones, the foundations of their establishment are available through the availability of large areas and water in the country, including groundwater, as well as providing great support to farmers and farmers in providing them with greenhouses, sprinklers, watering pumps, fertilizers, pesticides, etc. at subsidized prices that are exempt when achieving abundant production and also when Export ».

Dairy products

He pointed out that «the reform paper showed the importance of providing significant support to establish feed production factories for livestock and poultry, which are a basis for making dairy products and canning meat through raising livestock, cows and poultry, and providing subsidized loans to farmers, preferably without interest and incurred by the government in exchange for the output that farmers will provide And also for investors in the field of livestock, poultry and food industries dependent on agricultural products such as packaging factories and others, up to the establishment of penalties for farmers, farmers and investors in the event that they do not use the loans for the purpose for which they were granted with a comprehensive follow-up to those projects ».

Export box

Al-Oqabi asserted that “the preparation team stopped at the importance of preventing the import of crops and agricultural products to ensure the protection of local agricultural products, which will result in expanding the production of these crops locally or by imposing large fees on crops entering the country with a high rate to encourage farmers to cultivate and emphasize the benefit of a fund law. Exporting, encouraging handicrafts, domestic and timber industries especially in the southern regions and introducing modern technologies in manufacturing and providing the necessary support for that, as well as recovering the amounts of agricultural initiative loans that deserve to be recovered before the year 2020 and recycling them to other beneficiaries, and establishing a project of agricultural complexes to market agricultural products to encourage farmers to focus in Increasing agricultural production 

By facilitating marketing, reducing its cost and encouraging food industries that depend on agricultural products such as tomato paste production factories, juices, dairy and dairy products.

Industrial projects

In another axis, the paper focused on adopting the principle of partnership between the public and private sectors in the implementation of medium and large industrial projects to establish joint-stock companies offering their shares in the Iraq Stock Exchange, and that is possible within the available laws (21) and (22) for the year 1997 as well as starting a transformation program ( 2) A public company or factory to a contribution according to Articles (35-38) of the Public Companies Law No. 22 of 1997 in the light of its success, preparing and implementing a long-term transformation program.

The reform paper also stood at the adoption of the idea of ​​the industrial dinar because it would open the door to re-exportation, which is the most important in the matter of industrial development, because without it, the money used in importing in non-Iraqi currencies, no matter how they will not be recovered and will be wasted locally, will also encourage the main global suppliers to enter into The participation of the Iraqi industrial establishments for marketing in the surrounding markets first and then global according to the need because of the real competition for international prices.  LINK

MilitiaMan:  This sure sounds good to me.. industrial Dinar?  Which is said to be the most important in the matter of industrial development is openly being talked about!!  

It will encourage global suppliers to enter into and participate in establishing surrounding markets..  Re-exportation seems to be bringing business home and not only that, but that their currency apparently will be repatriated to her shores along with other foreign currency to support her foreign reserves

It is late... I lol sleep on this one.. lol  -MM

Frank26 Saturday Night Video 6-6-2020 "Dr. Shabibi"

KTFA:

DELTA:  JUST IN FROM IRAQ......ONE WEEK CURFEW EXTENDED FROM SUN 06/07….ALSO ISX WILL BE CLOSED FOR ONE MORE WEEK

Frank26:  6-6-20 .....DR SHABBI

THIS IS ALL IN FRANK'S OPINION

FIREFLYS ARE FRANK'S TEAM MEMBERS IN IRAQ....CALLS THEM FF'S

We have been saying for the last year that when the Iraqi dinar was entering its stages of completion that the Central Bank of Iraq would come out and start explaining to all the citizens exactly what is going on. They would explain to their citizens why they are adding value to their currency now. They would explain why they are stopping the Central Bank auctions and no longer using the US dollar…..

This is something we have been waiting to hear for a very long time. It’s very important that they get this right with the citizens. They are the ones that will be using it.

They will no longer be under a program rate but under a new exchange rate. We have seen all these things in articles…..one after another.

We taught you what happened in Kuwait from 1990-99. Donald Trump is about to do it again. You are about to see a new Wealth Transfer. Citizens in Iraq are being prepared.

Do you remember about 10 years ago one of our team members named Bluestar?   He was in Washington DC because Dr. Shabibi was there giving a lecture…..many have seen that video……….

Well, Bluestar submitted his questions and he was chosen….He got picked….When it was Bluestars turn he asked Dr Shabibi “ As the Governor of the CBI, when do you plan to raise the value of your currency?”

He said a very long ahhhhhhhhh,,,didn’t know how to answer that question. ,,Finally he said “When we have security and stability in our country”

At that time Iran was dominating Iraq and all the money we sent to Iraq was siphoned off to Iran through the auctions to be used for terrorism.

You know they have stability and security now…don’t you. And in my opinion they are about to raise the value of their currency.

 Now there is a new government and corruption charges are being brought against the people who stole from Iraq. It has been an agonizing process.

The Kurds are arriving Monday for Article 140,  and imo, The HCL (Hydorcarbon Law) is signed and being delivered……The HCL is so important and is one of the key steps of the Monetary Reform…...

Tonight you will get our FF report that is not in articles yet……

Please listen to the video for all the news……..

https://www.youtube.com/watch?v=w0RSjGMOfnE

Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

Frank26 Video "Pompeo Says Immediately" 6-4-2020

KTFA:

Frank26:  6-4-20........POMPEO SAYS IMMEDIATELY

This video is in Franks opinion

Some highlights:

We told you that the CBI is ready. We also suggested that the GOI was needed to be ready so it could pass what the CBI has. Which is the Monetary Reform plan……which has been completed.

They are Article 8 and by now it’s pretty obvious. And lately the things we have been hoping for has really been coming out. In the last 4 or 5 days it’s been a meteor shower of statements from the Prime Minister Kazemi. We believe he has the same game plan that the President of the US has……

An article came out today that they would stop the currency auctions. ..Ladies and gentlemen, that was the first step that Donald Trump wanted to accomplish. By doing so….they were not going to use the American dollar anymore. .

An article came out yesterday saying they were going to pay their salaries….and this time they would be paid in dinars….not American dollars.   Why? 

Because they stopped the auctions.

Pompeo, as we told you, went over there as a representative of the US as part of what we call “The Fab 4”. (IMF, World Bank, US Treasury, and President Trump.) Today Pompeo said something that was rather powerful.  (Frank reads the article posted below)

To recover “Instantly” there is only one way…..there were many articles posted in our forum today….and they were all talking about the fact that they are going raise the value of their currency…they are going to change the exchange rate/value. These are things we have dreamed about.

To see these articles in front of us now is because the monetary reform is really progressing.

The CBI , with the Fab 4 already have the Monetary Reform set. The printing of the currency, The new rate calculated, and recalculated until they found the one they are going to use.

They are not going to float (right away) and they are going to be on par with the American dollar. Articles talk about how the dinar has to be on the same level. By decreasing the Us dollar and raising the dinar-look at what happens- 1 to 1. 

Be sure to listen to the replay for all Frank’s news.

https://www.youtube.com/watch?v=CV-hiSo7Cn0

Don961:  Warmly welcome Al-Kazemi ... Pompeo pledges financial support for Iraq to recover "instantly"

 Free – Washington   June 04, 2020

Thursday, US Secretary of State Mike Pompeo congratulated Iraqi Prime Minister Mustafa Al-Kazemi for his assumption of the new Iraqi government.

"I would like to begin by warmly welcoming Prime Minister Al-Kazemi and congratulating him on the new Iraqi government and the peaceful transfer of power on behalf of the entire coalition. We are all committed to your success in support of the permanent defeat of ISIS," Pompeo said, according to the State Department statement.

Pompeo also praised during his speech Thursday, at the ministerial meeting of the International Alliance to Combat ISIS, held in the American capital, Washington, on the peaceful transfer of power in Iraq.

"We participate in the financial burden that ensures an immediate Iraqi recovery," Pompeo added, adding that the United States pledged last year $ 100 million to the coalition's main stabilization program in the liberated areas.

The US Secretary of State expressed his aspiration to "deepen the partnership with the people and the Iraqi government, through a series of discussions, especially through the strategic dialogue between Iraq and the United States," which will begin later this month.

Pompeo added that accomplishing the victory over ISIS demonstrates the value of the alliance "and stresses the commitment of the United States to lead its allies and partners towards shared victories."

"But our battle against ISIS will continue in the foreseeable future. We cannot rest. We must continue to get rid of ISIS cells and networks and provide stability assistance to the liberated areas of Iraq and Syria," Pompeo added.

The US Secretary of State referred to the massacre perpetrated by ISIS at the Children's Hospital in Afghanistan last month, as it chose to target mothers who had given birth to lost their babies.  link

MilitiaMan:  Interesting choice of words. Fairly sure all the things in the news of late support that the USA will be glad to help out and support iraq for trillions or reasons, no burden at all. . I like the way he congratulates him again on his new government... lol ~ MM

. ""We participate in the financial burden that ensures an immediate Iraqi recovery,"...

Frank26 and KTFA Monday Night CC and more......6-1-2020

KTFA:

Frank26:  TONIGHT IS OUR IQD UPDATE CC WITH SPECIAL GUESTS – DELTA AND MM

I WILL DO AN INTRO TO THE CC ON YOUTUBE JUST BEFORE THEY START THE CONFERENCE CALL. I WILL BE RECORDING THE ENTIRE CALL ON YOUTUBE THIS EVENING.

PLAYBACK : 605.313.5163    PIN: 156996#

Frank26:  6-1-20.....IRAQI TELEVISION TALKS

This video is in Franks Opinion……

https://www.youtube.com/watch?v=i1HtEHSGgy0

Samson:  Legal expert: Iraq has the right to recover smuggled money outside the country

1st June, 2020

Legal expert, Ali Al-Tamimi, confirmed today, Monday,  that  Iraq has the right to recover smuggled money outside the country

Al-Tamimi said in a statement received by "Gilgamesh Press", that the "International Anti-Corruption Agreement of 2005 signed by Iraq 2007 allows Iraq to request the United Nations to recover the smuggled money as money laundering and corruption is financial

He added that "according to Article 50 of the Charter of the United Nations, states that fight terrorist organizations  under Chapter Seven of the Charter of the United Nations may request economic assistance from the United Nations, and it  is known that ISIS was placed under Chapter VII under UN Security Council Resolution 2170 of 2014

He continued, "Various countries have announced their willingness to provide economic assistance to Iraq, including Britain, so Iraq can request assistance from the international community, the United Nations, to rebuild liberated cities,  face the consequences of the war against terrorism, according to the foregoing, and recover the smuggled money estimated at $ 500 billion

He noted that "according to Article 27 of the 2008 Iraqi-American Strategic Agreement, Iraq can request economic assistance from America, as this article required

He pointed out that "the current situation and the lack of health facilities to face the Corona pandemic and the decline in oil prices,  Iraq had to move in this direction  LINK

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Don91:  BAGHDAD DIGS IN, SAYS NO FURTHER TRANSFERS TO ERBIL UNTIL BUDGET DEAL COMPLETE

9 Hours ago

SULAIMANI — The federal Ministry of Finance said on Sunday (May 31) that it will not release any additional money to the Kurdistan Region until Baghdad and Erbil fully resolve their budget dispute.

The ministry said in a statement that it is committed to following the law and official procedures for spending money, stressing that a recent disbursement of 400 billion Iraqi dinars ($335.3 million) to the Kurdistan Regional Government (KRG) was specifically to pay the April salaries of public sector employees.

It reiterated that it had transferred the funds under the terms of an interim agreement outlined in letters exchanged between the two capitals, which promised that they would hold intensive meetings in June to finalize a comprehensive agreement within thirty days.

Under the terms of the 2019 Federal Budget Law, Baghdad is expected to send 12.67 percent of the entire budget to the Kurdistan Region, in return for 250,000 barrels of crude oil per day for export.

However, the KRG abrogated the agreement immediately, never sending any oil to Baghdad.

Nevertheless, the federal government continued to send funding to pay for public sector salaries, as it was required to under the budget law.

In April, after tolerating the KRG’s failure to follow the law for fifteen months, it froze all budget transfers.

Negotiating teams began meeting at that point, but so far have been unable to reach an agreement.

Historically low oil prices have exacerbated the dispute by putting both governments under increased financial pressure, given their reliance on oil exports.

(NRT Digital Media)     link

Samson:  Trump's adviser : Washington will cut Iraq funding in one case

1st June, 2020
The American professor and member of the advisory board of US President Donald Trump, Gabriel Soma, confirmed on Monday that the United States does not want to remove its forces from Iraqi lands, while noting that Washington will stop its financial support for Iraq if this happens.

"The United States of America does not want to be a confirmation by the Iraqi government to remove American bases at the present time," adviser Gabriel Souma told Shafaq News.

He added, "Removing the forces from the Iraqi territories will cause inconvenience to the United States that would make Washington suspend its financial support for Iraq."

There are still about 5,000 US soldiers in Iraq, most of them in an advisory capacity, as part of a broader international coalition that has been formed to help Iraq counter and defeat ISIS fighters.

Washington accuses armed groups backed by Iran of carrying out missile attacks and bombing regularly for bases hosting American forces and the area surrounding the American embassy in Baghdad. LINK

MilitiaMan. Frank and KTFA Members Saturday PM 5-30-2020

KTFA:

Samson:  Parliamentary Committee: Ports will start a new financial phase starting in July

05/28/2020 19:20:26

A member of the Parliamentary Strategic Planning Committee, Kazem Finjan Al-Hamami, revealed that the Iraqi ports will start a new financial stage starting from the first of next July.

Al-Hamami said in a statement that the {Euphrates News Agency} received a copy of it. Al-Hamami added that "the Director General of Ports expressed his response to this appeal and expressed his oral approval through a telephone conversation with {Attorney Al-Hamami} this afternoon."

Al-Hamami pointed out that, "Maritime companies will have sufficient time to arrange their positions and organize their financial accounts that are supposed to be in harmony with the requirements of the new stage."

He concluded his statement by saying: The ports will witness a tangible development renaissance under the direct direction of the Minister of Transport and will have an active role in the development, modernization and is powerful imo.. The companies are told that they will have sufficient time to adjust to their financial accounts to be in harmony with the requirements of the new stage. 

LINK

MilitiaMan:  In other words we have your back, get your contracts (Financial new stage) ) in line as we are about to adjust pricing that is going to jump start the national economy with the new stage of rebuilding the country and the ports will be developed and modernized to handle the massive effort that will becoming in and out.. 

It is fairly obvious to me that this one is specifically telling us what to expect. They are on notice and give a time to the adjustment!! Contracts vary but, many clear after 30 days, so a contract June 1st might clear June 30 or July 1st real close.. The terms would be set at the on set not at the clearing.. If accurate the implications of this are powerful!

Samson:  The disclosure of a crucial agreement between Erbil and Baghdad, pending the signature of Al-Kazemi in the coming days

11:07 - 05/30/2020

Kurdistan Democratic Party member Mahdi Abdel Karim revealed, on Saturday, the intention of the Kurdish forces to send a high-level delegation to Baghdad to discuss outstanding issues, noting that the final and comprehensive agreement between Baghdad and Erbil is complete and is ready for signature by Prime Minister Mustafa Al-Kazemi.

"The final and comprehensive agreement between Erbil and Baghdad is ready since December, but the launching of the demonstrations and the previous government submitting its resignation prevented the signing of the agreement," Abdul Karim said in a statement to the "information".

He added that "negotiations are currently taking place to re-sign the comprehensive agreement to resolve the budget crisis, borders, customs, federal revenues, peshmerga, agriculture and other files." Likely "the signing of the agreement by Prime Minister Mustafa Al-Kazemi in the coming days."

And Abdul Karim said, "A large Kurdish delegation will visit Baghdad in the coming days to put the final touches on the agreement as well as agree on completing the ministerial cabinet."    LINK

MilitiaMan:  Looks like crunch time is upon us. This article suggest coming days, yesterday it was within hours and another one suggests 2 days.

Regardless, speed is a necessity at this stage and the fact they are speaking to the ports about the new stage of financial adjustments in an article today are to be at hand now, not after the fact sometime in July. 

They have the most important items all in one paragraph.. Budget, border crossings, customs, federal revenues, peshmerga, agriculture, etc.. They even told us they have had an agreement since last December. So with the new PM and the new stage approaching, I’ll bet this time they hammer it home!! I like it! ~ MM 

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Samson:  Excluding the central bank, Rafidain and Rashid banks, and spending units from the curfew

30th May, 2020

The Ministry of Finance announced today, Saturday evening, that the Central Bank of Iraq and the Rafidain and Rashid banks and spending units are excluded from the comprehensive roaming ban that will start tomorrow, Sunday and will continue until the sixth of next June

The Ministry said in a brief statement, "Gilgamesh Press" received a copy of it, that "Finance Minister Ali Abdel Amir Allawi, exempted the Central Bank and Rafidain and Rashid banks and spending units from the curfew

This is in order to continue to pay the salaries of employees and retirees   LINK

MilitiaMan:  It sure  is nice to see this at this stage.. Banks are okay to do business.. Delta, perfect timing right? Lol

Samson:  The Cabinet decides to reduce the salaries of the higher grades and opens the files of Rafha and residents abroad

30th May 2020

Today, Saturday, Prime Minister Mustafa Al-Kazemi directed reforms to achieve social justice, including lowering the salaries of higher grades in state institutions and tackling double salaries, in addition to a group of residents outside Iraq who are receiving other salaries

Al-Kazemi’s media office said in a statement, “Gilgamesh Press” received a copy of it, that the latter “chaired today, Saturday, the periodic meeting of the Financial Reform Committee, and the meeting discussed the repercussions of the financial crisis that the country is going through

Al-Kazemi directed, according to the statement, "to take a number of measures to address it, the most prominent of which is the reduction of salaries of higher grades in state institutions

The meeting discussed the repercussions of the financial crisis the country is going through, and directed the Prime Minister to take a number of measures to address it, the most prominent of which is the reduction of the salaries of the higher grades in state institutions

The statement emphasized in its conclusion that "Al-Kazemi also directed to make the necessary reforms in accordance with the principle of achieving social justice, through addressing double salaries, the pensions of detainees in Rafha, and a group of residents outside Iraq who are paid other salaries  LINK

MilitiaMan:  Another interestingly well placed and timed effort to adjust spending and cleaning up corruption through stoping double salaries.

Reducing salaries is interesting too. If you reduce salaries that wouldn’t really be fair. It would cause discontent and possible consequences that are unnecessary.

If we take the report earlier about the 14 page document about the CBI it states they speak in terms that are opposite to the world.. Unique? Looks to be the case. So, if we take that into consideration by reducing the salaries is merely imo giving less new currency to be equivalent to match present salary allocations thereby, being fair and easily done and understood. Double salaries are not fair and should by rights cease.

The articles are surely coming together to support Iraq has her new stage in full push mode now.. imo

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Samson:  What Is Required Of Prime Minister Mustafa Al-Kazemi

30th May, 2020

It is no secret to anyone the size of the challenges and the gravity of the stage that Iraq is going through, and based on our constitutional and legal experience, I put in your hands the most important solutions, proposals or real demands for building state institutions from the legislative, executive and judicial authorities, to be a strategic or roadmap for getting rid of this dangerous juncture, two years ago Exactly,

I had written a letter to Mr. Abdel-Mahdi and told him (I have borne the weight of this great trust and have reached the age of old) and put him almost like an integrated map to come up with solutions for this country, but the man relied on the footnote, so he led us from disappointment to disappointment, and then he was blindfolded with his head Surgeries and failures of 17 years and concluded with bloodshed after the events of October 2019, and today, you have endured the trust of forty million Iraqis who are in your neck. 

Although attack and resistance will be fierce on you from many sides, therefore I will place some of the concerns and problems that we discussed in a scientific and field manner, and without them will be failure, and you have enough time because I can assure that your government will remain until the end of the year 2022, and as follows: -

1 - There are thousands of properties belonging to the state in the heart of the capital and the provinces were seized after the year 2003, and here the President will have to issue courageous decisions to retrieve those properties lost to the state to restore Baghdad and the state to its prestige.

2- There are millions of sheets, sheets, evidence, and scenes from the homeless, orphans, days, bereaved, migrants, armies of the poor and sick, and Iraq is still up to this moment without a comprehensive social security law, and here you have to develop an integrated and unified strategy to unify the social security legislation to be a single institution called (Social Security Corporation) The retirement board, the Prisoners ’Foundation, and the Martyrs’ Foundation are merged with it so that the lives of Iraqis can be guaranteed with dignity and fairness in the distribution of salaries, and we have studies and a law proposal for that.

3- There are deliberate health ministries not to draft the health insurance bill, which has led to the exacerbation of mafias and gangs who trade in Iraqi medicine and drug import operations, so it is up to you from now to need to develop a comprehensive health insurance bill and send it to parliament, and we can help you with specialists in this field We have in-depth studies that we conducted with European organizations in order to stop the bleeding of the Iraqi disease and the drug donations.

4- In front of you the water crisis with Turkey, the draft law of the National Water Council must be sent to Parliament, and a committee of the Council of Ministers and the House of Representatives can be formed from experts to legislate this law because Turkey still threatens us with secret and publicity, and if the rest of the situation remains, we will threaten a catastrophic environment in the future.

5 - Before you pollute the environment with uranium that will kill the Iraqis during the coming years with cancer unless the international community is called upon and the global opinion is moved to compel the coalition countries to remove uranium, especially as we have strategic agreements with them .. Note. The compensation of Iraq amounts to one thousand billion, as well as the compensation from Israel for hitting the July reactor, which amounts to eighty billion. We have prepared reports in this regard with international organizations, knowing that there is a committee to demand compensation in the General Secretariat of the Council of Ministers, then you only support.

6- Before you hundreds of thousands of graduates annually, you must put firm decisions to include them with monthly salaries until they are employed or appointed, and it is imperative that you activate the Federal Service Council in order to be appointed to the state’s sects on the basis of equal opportunities, justice and experience, away from partisan and sectarian influences.

7 - There is a shortage of school buildings, the prevalence of clan conflicts and the bearing of arms, and the war of departments and wills ... all of which need a strategic plan with the assistance of researchers and specialists. All of us have to pause around ..

8- Reintroduce the Iraqi Supreme Criminal Court Law No. 10 of 2005 and start investigating crimes committed retroactively since 4/8/2003, whether crimes against humanity committed against Iraqis and demonstrators, as well as wasting national wealth and corruption crimes against senior officials, whether inside or outside Iraq, and issuing A decision prohibiting travel for all those suspected of corruption who held high office since 2003 during a period of six months until the investigations are completed.

9- Urgent and immediate issuance of stopping the expatriate workers from the Filipinos, Sri Lankans, Bengal and others, which reached more than two million and returning those present in Iraq to their countries within thirty days because their deportation and stopping this farce will provide work for the unemployed of the Iraqi youth, there are malignant hands behind this file ..

10- Presenting draft laws to merge the Ministry of Communications and the Communications Life into one ministry ... and to merge the Shiite and Sunni Waqf and other religions and the Hajj Commission into one institution that will be the Ministry of Awqaf and this will save huge funds.

11- Forming a supreme committee from a group of experts from the supervisory departments to review all contracts and investment contracts that took place during the period from October 2019 and to stop or cancel contracts that are tainted by corruption, and it is incumbent upon you to refer the president to submit a draft of the State Contracting Establishment Law to Parliament, and make all contracts in The hand of this institution and linking it to the Cabinet to stop the farce of the ambushes that take place in ministries and the influence of parties. I personally prepared this law and it was adopted by the head of the Parliamentary Services Committee, Dr. Walid Al-Sahlani in Parliament .. In addition to the need to proceed with the presentation of the draft law of the Council of Reconstruction.

12- Forming a committee with the help of experts and senior advisers from jurists and other specialties to prepare the final draft of the constitutional amendments and present them to Parliament ..

13- Foreign policy has suffered since 2003 from weak performance and confusion, which need to develop a comprehensive strategy and vision for diplomatic action and international relations and to reconsider diplomatic representation with countries of the world, and to issue a decision to form an investigative committee with all violations and violations committed in all Iraqi embassies, missions and consulates in all countries The world, as well as addressing obstacles and challenges in the center of the ministry, as well as the need to choose a list of ambassadors with competence and away from partisan influences ..

14- The capital, Baghdad, has suffered neglect and loss since 2003 due to the lack of clarity in the vision and the overlap in work between the governorate, the provincial council, and the Baghdad Municipality.

15- The fiscal and monetary policy is now subject to a major setback, you have to choose an independent person with expertise and competence to take over the management of the Central Bank of Iraq, and you have Dr. Sinan al-Shabibi or the appearance of Muhammad Saleh and others ..

16 - There is a big crisis with the region, financial belongings, great corruption and tragedy at the border crossings. You have to hold it with an iron fist from Zakho to Fao and set up an investigation committee with the looted funds since 2003.

17- Issue bold decisions to open and rehabilitate factories, develop agriculture, education, youth, sports, trade and the private sector through specialized committees in coordination with the relevant ministries ...

18- You have to stop the farce of the state administration by proxy, and there are many special grades that have been set in the period from October 2019 contrary to the law and instructions.

This is the most important requirement as a first package, and then another package that relates to state institutions follows, including the Integrity, Education, and Culture Authority, among others.

Mr. President: The people do not have to be a herd anymore, and another 35 years cannot wait until a new system, a new constitution, another abstraction organization is held, elections are held, the boxes are burned, burning with them continues years of life, and we return to our alienation in exile and the torments of the days that do not end ..   LINK

Godlover:  “15- The fiscal and monetary policy is now subject to a major setback, you have to choose an independent person with expertise and competence to take over the management of the Central Bank of Iraq, and you have Dr. Sinan al-Shabibi or the appearance of Muhammad Saleh and others ..”

Could this person be Tamimi IMO

Frank26:  COULD IT BE ........... FAB4 ...........(wink) 

(Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America????)

Frank26 Video "Behold The Evidence" Friday Night 5-22-2020

KTFA:

Frank26:  5-22-20......BEHOLD THE EVIDENCE

THIS IS ALL IN FRANK'S OPINION

F26:  Walkingstick told us to pay attention to Saudi Arabia and Kuwait…..Iraq cannot do business with them at a program rate. They told them they are going to a “market Rate” (see article below)

If you are going to an open market and are Article 8 what does that tell you?   That They have lifted the lifted the 3 zeros of your currency and added value…..

The citizens of Iraq are about to get purchasing power.

From article below:  "Iraq has a plan to move towards achieving an economic and financial balance with neighboring countries, and that the Iraqi market be open to all,

F26: Financial balance???? Not at a program rate….therefore they have lifted the value of their currency. And the only way they can do this outside the country (remember Kuwait and all those contracts?) they are going ballistic because they can now come into the country and do business internationally.

Be sure to listen to replay……

https://www.youtube.com/watch?v=L9zeaTTcX8I

DELTA:  Al-Kazimi's envoy to Saudi Arabia reveals the details of the visit: an economic balance and an open market

 05/22/220 Baghdad - Iraq today:

The Prime Minister's envoy and Minister of Finance Ali Abdul-Amir Allawi said on Friday that the trend is made up of three axes to develop relations with the Kingdom of Saudi Arabia and support the Iraqi economy.  

Allawi said, "The aim of the visit to Saudi Arabia is to go through three axes to develop Iraq’s relationship with the Saudi side, the first of which is immediate cash support to the budget.

As for the second axis, it is to stimulate private Saudi companies and institutions, especially in the fields of energy and agriculture, and urge them to enter Iraqi markets through investments, The third axis is the activation of the commercial aspect. "  

Allawi added, "Iraq has a plan to move towards achieving an economic and financial balance with neighboring countries, and that the Iraqi market be open to all, away from harming a specific party."  

He continued, "The government seeks to urge Saudi companies to contribute to the reconstruction of the country," stressing that "Iraq needs immediate financial support in order for the government to fulfill its obligations towards employees."  

Allawi stressed, "Many obstacles prevented investments in Iraq, including the laws and regulations in force, the loss of the incubating structure for foreign investments and the absence of banks at a global level, as well as the unpopular accounting and legal system, as well as the unpopular land acquisition system as well, all of these obstacles prevent the Saudi investor and any investor Another of the investment in other fields outside the oil fields, "calling for" the need to have an environment conducive to investment and the replacement of those laws and address the existing problems and obstacles. "  

And that "the administrative apparatus in Iraq is now incompatible with the requirements of the foreign investor, and it also contains major violations of corruption and interference in the way of taking decisions from parties not related to the investment work, interfering for the private and partisan benefit which is one of the main obstacles that keep the foreign investor", He pointed out that "when the investor sees this environment, he will be conservative, and no matter how large the Iraqi market is, it requires encouragement from the private sector, which also suffers from these constraints." 

On Thursday, Prime Minister Mustafa Al-Kazemi sent Finance Minister Ali Allawi to the Kingdom of Saudi Arabia on an economic mission.  

The Prime Minister’s Office stated in a statement that “Minister of Finance Dr. Ali Allawi heads to the Kingdom of Saudi Arabia as an envoy from the Prime Minister to discuss bilateral relations and economic conditions in the region and encourage investment.” 

http://iraqtoday.com/ 

Clare:  THANKS DELTA .....ALL THIS TALK MEANS NOT WITH A PROGRAM RATE IMO!  KAZEMI SAID NO MORE TALK …….HE SAID IT'S TIME TO ACT!!!! WOOHOO!!!!

Ryan1216:  Go Kazemi! Introduce the new rate!

Frank26, MilitiaMan and more Wednesday PM 5-20-2020

KTFA:

Frank26:  KTFA FAMILY...........EARLY THIS MORNING I TALKED TO YOU SPIRITUALLY ON HOW TO AVOID CONFUSION. YESTERDAY I TOLD "THE 3" TO BE AWARE OF CONFUSION.

TODAY A FOLLOW UP ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS.

READ THE FOLLOWING ARTICLE FROM DON961 VERY CAREFULLY .

 I ALSO SHOWED YOU THIS MORNING HOW THE CITIZENS ARE CONFUSED JUST LIKE YOU BECAUSE THE ARTICLES WERE SUCCESSFUL IN CONFUSING WHICH I SAID IS THE GAME PLAN RIGHT NOW.

NOTICE THIS ARTICLE IS NOW WITHOUT CONFUSION AND CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE.

NOTICE WHAT THEY SAY ABOUT THE FLOAT ............THIS WHOLE ARTICLE IS THE DIRECTION THAT I TOLD "THE 3" LAST NIGHT ...........TO LOOK FOR. STAY STRONG IN GOD AND DON'T QUESTION YOUR CONFUSION FOR THERE IS NONE WITH GOD.  

Don961:  A proposal on the government table to face the parliamentary economic and financial crisis warns!

Economie 05/20/2020 15:41 180 Editor: Zs   
Baghdad today - special

The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, on Wednesday (May 20, 2020), warned against demands to raise the price of the dollar against the Iraqi dinar to confront the financial crisis and maintain the hard currency, stressing that this decision is not in the interest of the Iraqi financial system.

Al-Saffar said in an interview with (Baghdad today) that "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."

He added, "It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation," noting that "the classes with limited income and those with salaries will be the first affected by this decision."

Al-Saffar pointed out that "raising the price of the dollar depends on the government's ability to apply the necessary public spending from other sources."

The economist, Rasem Al-Akidi, warned, Thursday (14 May 2020), of floating the Iraqi dinar against the dollar, that is, reducing the value of the Iraqi dinar against the dollar according to a proposal put forward by economists to provide additional funds for the Iraqi budget to be paid as salaries for employees.

Al-Aqidi said in an interview with (Baghdad Today), "The issuance of any decision to float the dinar against the dollar in light of the current conditions in Iraq is very dangerous for the country which is basically suffering from uncontrollable losses, namely fees, customs, taxes and many other financial resources."

And that "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."

He added that "the flotation will lead to a significant increase in prices, and will be paid by the poor," noting that "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil."

Al-Akidi said that "floating the dinar against the dollar is launching the process of buying and selling without any limits, and the country will face an unprecedented rise in prices with limited and steady salaries, so conditions will be more difficult, especially in the humanitarian context."   LINK

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MilitiaMan:  There you have it. Just as Frank has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME..

The below quote and the underlined data above  is the data to focus in on. There is only one real option they have and will do. ioo.

As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a set of examples below and a chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. 

Keep in mind Delta told us days ago on a CC on the Arabic side of the CBI, that they did the increase in currency issuance,  which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site.

They are telling us by their actions, and with articles using confusing opinions trying to hide it or deflect from it.  I / we should look to the facts and they speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo.. 

I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end.. 

The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!!  That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us.. imo ~ MM 

"raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."

"The economist, Rasem Al-Akidi, warned, Thursday (14 May 2020), of floating the Iraqi dinar against the dollar, that is, reducing the value of the Iraqi dinar against the dollar according to a proposal put forward by economists to provide additional funds for the Iraqi budget to be paid as salaries for employees."

Example : 1USD = 1,190 or .0084 +-USD

1 USD = 500 IQD or .02 USD

1 USD = 100 IQD or .01 USD

1 USD = 10 IQD or .10 USD

1 USD = 1 IQD or 1 USD

1 USD = .50 IQD or 2.00 USD

----------------------------------------
https://cbiraq.org/DataValues.aspx?dtFrm=01/31/2004&dtTo=05/20/2020&tmId=157&dtformat=MMM,yyyy

Jun,2018 44,073,305

Jul,2018 43,769,039

Aug,2018 43,635,576

Sep,2018 43,804,863

Oct,2018 44,712,745

Nov,2018 44,561,304

Dec,2018 44,264,484

Jan,2019 44,374,103

Feb,2019 44,780,633

Mar,2019 45,537,228

Apr,2019 45,690,359

May,2019 46,607,315

Jun,2019 47,780,521

Jul,2019 48,304,066

Aug,2019 48,589,656

Sep,2019 49,412,513

Oct,2019 50,209,385

Nov,2019 51,009,568

Dec,2019 51,834,750

Jan,2020 51,964,539

Feb,2020 51,026,883

Mar,2020 53,819,264

Apr,2020 57,880,320

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What Is the Real Effective Exchange Rate – REER?

The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index.

This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index.

https://www.investopedia.com/terms/r/reer.asp

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Don961: The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis  link  

MilitiaMan:  There are no coincidences now.  They will imo use this window to game the RI.. There is a Bank Holiday come Monday in the USA and UK, too.. ~ MM

Iobey777:  BOOM!! Praying this is it!

Delta, MilitiaMan and Mon. Night CC Replay for 5-18-2020

KTFA:

Samson:  Minister of Communications: We are working on implementing a project to automate border crossings

18th May, 2020

On Monday, Minister of Communications Arkan Shihab Ahmed confirmed that the ministry will implement the border crossing automation project, which in turn will provide the state treasury with a lot of financial revenue

A statement of the ministry seen by "Al-Iqtisad News" stated that "this came during a meeting with the delegation of the Parliamentary Services Committee headed by MP Walid Al-Sahlani," noting that "the Minister of Communications gave a full explanation of the future plans of the ministry and the most important projects that are working to implement them during the coming period, which Among the most important of these is the International Gate Project, which will mainly work to eliminate Internet smuggling operations, maintain the security of the country, and preserve the financial resources of the Ministry of Communications

He stressed that "the Ministry of Communications will have an important and significant role in preserving the security of the country and the security of communications, eliminating electronic blackmail, preserving the social fabric and eliminating the electronic delusion that works to harm the reputation of our beloved country

And the Minister of Communications stated that "the ministry started to open the doors of joint cooperation with the Media and Communications Authority and that the ministry will implement the project of automating border outlets, which in turn will provide the state treasury with a lot of financial revenues and eliminate fraud, forgery and administrative routine

He added, "He has granted all the powers granted to public companies in accordance with Law 22 of 1997 in order to accelerate and start the process of construction and reconstruction in order to provide the best services to our esteemed citizens    LINK

MilitiaMan:  We all should know that they have a massive amount of income to tap into at the borders. This is or should be a powder keg of money to help in supporting the country revenues.. May even exceed all oil revenues with oil being at $30+- x2.

That is a load of cash to help support the country. Boy do they need it too.

My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC 13 page letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate  with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo

 If that is the case, and they do go pass and or formulate the budget(s) and adjust to an internationally accepted currency reflecting and or creating a legal avenue for borrowing, that will also allow for the acceleration of reforms by ushering in that ability to borrow internally and or externally. 

They look to be doing exactly that, I'll bet though it is going still be a long road for them even after they do.

The culture with the elites, can be stifling to the progress of reforms. So, we see they are looking to open the borders in the coming days. 

That just may coincide with the lock down coming later this week. For a purpose? We shall see.. imo The IBBC report, suggests this time frame is URGENT and needs acceleration!!!... imo  ~ MM

IBBC LINK

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Samson:  Iraq 2020: A Country at the Crossroads

18th May, 2020

Members of the IBBC Advisory Council have published a paper entitled 'Iraq 2020: A country at the crossroads.'

The purpose of this extensive paper is to provide insight and advice to the new Iraqi Government. It particularly focuses on the political and economic backdrop to the country, with analysis and solutions from a private sector perspective.

The papers authors are Professor Frank Gunter (lead author), Prof, Mohammed Al Uzri, Dr Renad Mansour, Mr Hani Akkawi, Mr Hussein Al Uzri, Mr Shwan Aziz Ahmed, and Mr Christophe Michels for the IBBC's management.

The paper provides a broad view on how to support Iraq's transition, with a call to action ranging from the requirement to engage the Iraqi people, to solutions for the banking and investment sector, defeating ISIS and responding to COVID and healthcare specific solutions, and how to develop the private sector with a regulatory regime for successful business.

The paper has been sent to the Prime Minister, to the President, the President of Parliament, a number of Ministers and officials.

Christophe Michels, IBBC MD, says:

"Iraq is facing a deepening multifaceted crisis without precedent in recent times. This article has been published in support of the Iraqi Government which has the opportunity to use this crisis to change Iraq and prepare it for a better and more prosperous future".   

13 page report -  Iraq 2020: a country at the crossroads - English   LINK

KTFA MONDAY CALL REPLAY  WITH DELTA, AG-1 & MILITIA MAN

Playback Number: 605-313-5163 PIN: 156996#

https://fccdl.in/zrHyYKmvvf

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DELTA:  DEMONSTRATORS GAVE AL-KAZEMI A MONTH, TO IMPLEMENT LIST OF DEMANDS

05/14/20

Demonstrators in the Iraqi capital, Baghdad, gave Prime Minister Mustafa al-Kazemi a month to implement eight demands, including the trial of his predecessor, Adel Abdul-Mahdi, for the murder of protesters.

This came in a statement read out in the middle of Tahrir Square (the center of protests in Baghdad) yesterday, Wednesday, in the name of the "United Fajr Iraq Front", the first organization to emerge from the womb of the protests that started last October.

The statement praised the reformist direction of the Al-Kazemi government, which began its duties last Saturday, two days after it gained confidence from Parliament.

The statement gave Al-Kazemi a month to implement the demands, threatening, if not implemented, to escalate the protests until the entire political process was toppled, at the first deadline for protesters to the new government.

The demands included the trial of the demonstrators' killers - chiefly Abdul-Mahdi - to compensate their families, set a date for early elections, and administer retired independent election commission judges.

It also included returning the displaced to their areas of residence, revealing the fate of the missing, in addition to reducing the salaries of senior officials, activating the law of parties, achieving economic and political reform, and abolishing "ineffective" local councils.

In its first session last Saturday, the Al-Kazemi government decided to release all detained protesters, set up a committee to try those involved in killing protesters, and to seek a date for early elections.

The demonstrators in Baghdad - and Iraqi cities in the center and south - last Sunday resumed their anti-government protests and influential parties.

 It is noteworthy that Baghdad and other provinces have witnessed since last October, protests calling for wide reforms in the country, accountability for the corrupt, and interspersed with violence that killed more than six hundred people and wounded thousands, as well as the arrest of hundreds of others, before these protests receded in mid-March / Last March, for fear of an outbreak of the Corona virus.

MilitiaMan:  Thank you Delta, today is see nothing but URGENCY and ACCELERATION, in respect to reforms.. They report from the IBBC is all about urgency and change! That includes monetary reforms at the Borders, etc.. It includes the citizens demands as noted about too.. They mean business and so does the report. The good thing is that that 13 page report wasn't written in totality yesterday, but, over time and updated along the way to present. The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity.. Hence, the argument is sooner than later imo.. ! ~ MM

"An open investigation into the persons who were responsible for the killing of protesters
over the last six months. Not just those who fired the guns but those who gave the
orders. Since confidence in the probity of the government leadership is currently low,
this investigation may require the involvement of an international organization. The
results should lead at a minimum to naming of those responsible although prosecution
would make a stronger statement that the government supports justice for the victims. "

https://secureservercdn.net/160.153.138.177/p40.b46.myftpupload.com/wp-content/uploads/2020/05/2020-05-14-Iraq-Economic-Outlook.pdf

Frank, MilitiaMan and KTFA Members Friday PM "China Syndrome" 5-15-2020

KTFA:

Frank26:  THIS IS WHAT OUR FF SAW  ........ TOO BAD SOME DON'T UNDERSTAND THIS ..... THAT'S MY 3RD SENSE ......(smile)

Don961:  Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries

Thursday 14 May 2020 | 3:30 pm   Baghdad / ...

Parliamentary source confirmed, Thursday, that the government of Prime Minister Mustafa Al-Kazemi will go to print a new local currency in order to pay the salaries of employees.

The source said to "Eye of Iraq News", "This measure is one of the solutions to overcome this economic crisis that is ravaging the country, so it is necessary to find harmless solutions for future generations such as the use of cash or gold reserves in the central bank."

He pointed out that we, "after the application of this procedure, we expect a decrease in the Iraqi dinar exchange rate against the dollar," stressing that "this will have a positive impact on activating the industry in Iraq and not resorting to global or regional markets that provide goods to Iraq at low prices because of the high exchange rate The dinar compared to the price of currencies in Turkey, Iran and others.

 "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, had determined, on Wednesday, the loan disbursements that the government intends to request from home and abroad.

Saleh said in a press statement, "The government submitted a draft law to Parliament in order to authorize it to borrow from internal and external financing sources, in order to bridge the deficit and enhance public financial liquidity when necessary." And, "The borrowing came because of the financial hardship that the country is going through, and in order to bridge the revenue deficit gap against fixed expenditures, especially in the operating budget."

He added, "The legal cover did not provide the government with internal and external borrowing, due to the lack of a federal budget law for the year 2020." He pointed out that "internal or external loans will be included in the event of legislation for the budget for the year 2020 or its alternative the final account at the end of the fiscal year (as a reality)."

Saleh said, "External loans will go toward supporting investment projects and completing the stalled ones and the urgent need to launch them, while internal loans will be allocated towards the operational budget in the government's needs for insurance of salaries and others."

It is mentioned that the Iraqi Council of Ministers approved the draft of the domestic and foreign borrowing law to finance the fiscal deficit for the year 2020 and refer it to the parliament in accordance with the provisions of the constitutional articles. Finished  LINK  

OneWildRide:  IMO... This is our China syndrome article. With all that's going on it's hard NOT to get excited.

Currency auctions shut down.
ISX shut down.
Three day holiday coming up.
Citizens getting paid with a new currency. Lol (lower denoms)
A new Government. (Stability)

As Frankie says "Come on man"

Even a blind man can read the writing on this wall.

I will admit it has been OneWildRide

2Cents:   IMO, I have learned through the 11 years of reading translated articles, I have learned that the problem with looking at just one article is that the precise meaning is hard to glean.....Often reading just the titles is even more misleading...to find the proper meaning, many articles on the same or similar subject matter, perhaps even over weeks, must be read and put together.....

IMO, The "printing of currency" refers to what the Iranian influenced politicians are pushing........This is in essence amounts to quantitative easing, increasing the money supply and decreasing the rate of the dinar against the dollar.  

They are advocating reducing the rate to 1300 or even 1400 based on the articles......This would then result in increased cost to bring in imports as it would require more IQD to purchase USD for remittances....so the National product would have more appeal as it could be sold cheaper....

This is how they are trying to "sell" that there would be benefits to the country if they would increase the money supply by just printing more money and decreasing the rate.....

lIMO, this is there last ditch effort to stop what we believe to be the inevitable and that which we hope for.....

IMSO, we certainly do not want them to go down the path that Iran is wanting to just print more money and decrease the rate....

Frank26:  CLEAR AND DIRECT OBVIOUS NEEDS NO FURTHER EXPLANATION WHEN FIRST GIVEN THE OPPORTUNITY TO DO SO.    UNDERSTOOD VERY WELL IN MY SPIRIT.  THANK YOU.

Samson:  - I believe 2cents is referring to what we have always been told that when this is about to hit there will be conflicting news that it won't happen - a China Syndrome effect.

Purifiers:    I AGREE SAMSON.... IMO, COULD THIS WELL BE "OUR"... "CHINA SYNDROME"?... THE NEGATIVE... BEFORE WE SEE THE POSITIVE??? A KODAK MOMENT... IN FILM PHOTOGRAPHY... IMO... YOU MUST HAVE A "NEGATIVE" TO CREATE A "POSITIVE"... END RESULT...A "PHOTOGRAPH"  MOMENT IN TIME, OF TRUTH... CAPTURED!!! METAPHOR OR NOT... SEEMS THAT THIS ARTICLE, IS TRYING TO POINT AWAY FROM THE "OBVIOUS" IMO

Frank26:  EVEN DOWN UNDER ............. UNDERSTANDS….LOL

MilitiaMan:  It takes some doing to understand the key points to articles. It also takes memory of who says what and what actions have they taken to support those actions. Alak is the one who spoke of value to loans last year. Alak spoke of not devaluing the currency and that they have done a good job keeping the exchange rate stable. So if the Dinar decrease from 1190 to say 1000 or 500 or to .85, the decrease in exchange rate to the dollar brings value! By actions and data from the CBI, IMF, World Bank, UST and the above imo they are about to bring value needed and the USA specifically said they supported monetary and economic reforms. In fact the world does!!! Imo ~ MM

JJimmyJJ:  It may be helpful to remember that much of the Iraqi public has a 4th grade education.  So "increasing the exchange rate by giving you fewer notes of less value" may not compute.

But,  "solve the financial crisis by decreasing the exchange rate" just might.

2Cents:  I will pretty well be out of touch until next Thursday….IMO. Nothing "big" will occur until then......Watching and waiting for Eid......."After Eid and before the New Year"   ---- Sinan al Shabbibi

2Cents:  IMO, Follow and understand payroll and the procedure that has to occur by the MOF (minister of finance) and you will see that we are still at least 6 days away.  What I posted is positive, not negative, as change appears imminent whether now, weeks or months away.  WE have never seen Iraq move as quickly as they are under Khadimi.

"BOY (beginning of year), middle or EOY" (end of year) -----Saleh (whom I have never listened to.  He has been at CBI and then economic advisor to Abadi and Mahdi.  I believe he is likely DS and has engaged as many do that either want to hide the truth or really don't know the truth - "baffle them in BS")

Weak currency increases import costs and therefore theoretically people will look to National Product

Strong currency decreases import costs and theoretically turn away from National Product

Printing more money, increasing the money supply weakens the currency.

Articles state 1300, 1400

IMO, ALL IS GOOD.....Look at what has occurred in the first week of Khadimi including but not limited to

Kuwait meeting:  "How do we get the donor conference money released?"  Answer: "...officially be acknowledged by the US, UST, WB, UN and the IMF that you have accepted Article VIII obligations...."

So, 

US ------> check, talked with DT personally
UST------> check, talked with DT personally
WB ------> check, meeting and they gave full support
UN-------> check, addressed UN and they gave full support
IMF------->   ?

It should be obvious what WE are looking for...........(it may be after the fact but WS may report,  time will tell)

Samson:  An economist is surprised to continue wasting huge amounts of money through the currency auction, and no action has been taken yet !!   LINK

MilitiaMan:  It is now FRONT and CENTER now to STOP the AUCTIONS.. Open the corruption files!! I'll bet, the new PM has already had that in the briefcase of things to do.. imo ~ MM

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

Samson:  Victory Coalition: Al-Kazemi is able to establish a correct process that contributes to the introduction of new revenue for the budget

15th May, 2020

On Friday, the victory coalition affirmed the ability of the government of Prime Minister Mustafa Al-Kazemi to establish a "correct process" that would contribute to the introduction of new revenues for the budget.

The leader of the victory coalition, Aqeel al-Rudaini, told the official agency, "The biggest challenges facing the Al-Kazemi government are not only salaries, the economic situation and the Corona epidemic, but the biggest challenge is how to restore the state's prestige and win the people's trust, especially since 80% of citizens did not participate in the 2018 elections and this indicates On the existence of a hostile tendency between the political class and citizens."

He added that "the other challenge is the decline in oil prices and its impact on the economic situation," noting that "this crisis needs to develop alternative plans such as encouraging industry, agriculture, border ports and taxes, and this needs a long time, but it is possible for Al-Kazemi to establish a correct process. It is possible to introduce new revenues to the budget."

He continued, "The most important other challenge is to confine arms to the state, as there are a lot of weapons outside the scope of the state," stressing "the importance of working with two parallel lines and that there are external agreements to schedule the exit of US and Turkish forces in northern Iraq and this enables them to disarm."   LINK

MilitiaMan:  The country of Iraq lost their prestige in the exchange rate of the Dinar due to the conditions from the Saddam era and to now restore the prestige is to bring value back to the country via the REER applied to the currency.

Back to the Glory Days if you will. Prestige is important to currencies. Just as the British Pound lost her prestige after World War II, the opposite can occur with having mopped up the excess currency in the markets over time.

We watched a video of the CBI destroying large category notes and in massive quantities. To thus allow room for the new currency they have already printed to be introduced that will be new to the citizens.. Most are not old enough to have used the small category notes, coins or fils.. They lost their prestige and the latter went away.

Now it is time to restore the prestige with new small category noted, coins and fils.. imo.. That will bring usher in the new revenues he mentions.. Reconstruction of the country will bring many new revenues from around the world.. Big Time too. imo We are in a very sweet spot.. oh ya! The PM just leaked out the minutes of that crisis cell meeting from the looks of it.. lol imo ~ MM  

MilitiaMan:  The PM is speaking in terms as noted in 194 and 195 about things that will bring value.. imo..  The article i found from the WORLD BANK and the CBI about an agreement for asset portfolio management is in place. They need to RI to get international. The UNSC meeting was imo after the Crisis Cell metting with the money guys in Iraq, i.e., Minister of Planing, Minister of Finance, etc.. The PM is talking about restoring prestige and getting new sources of revenues.. Well Kuwait conference, is  billions of reasons to RI.. lol imo ~ MM

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

Samson:  Lebanon is preparing for fundamental structural changes in its economy

17:30 - 05/15/2020

The Lebanese government announced today, Friday, its serious intention to reduce the number of commercial banks from 49 to about half in the country.

This was stated by the Lebanese Finance Minister, Ghazi Wazni, during an interview with "France Press", where he said: "We are ready to meet the request of the International Monetary Fund to float the exchange rate of the lira, but after receiving external support, provided that in the next stage a price Flexible exchange."

My weight said: “The IMF has always called for the liberalization of the exchange rate of the lira. They want to unify exchange rates and flotation, but the Lebanese government requested a transitional phase that passes the flexible exchange rate before we reach the flotation. ”

My weight pointed out that "we have to adjust the stabilization policy to the flexible exchange rate policy in the first stage and in the foreseeable future, and when we receive financial support from abroad we move to floatation," declaring that "the government wants to reduce the number of commercial banks numbering about 49 to about Half, as part of a reform plan that includes restructuring the banking sector.”

He explained that "the structuring of the banks will be step by step and there are several options for treatment, including consolidation, which is normal," adding "in Lebanon 49 commercial banks, and it is natural for the number to decrease to about half in the next stage."

On Friday, the Central Bank of Lebanon announced that it had made a decision to provide the US dollar for imports at an exchange rate of 3,200 Lebanese pounds, with the aim of reducing food prices.

The Reuters news agency quoted the Central Bank of Lebanon statement, which stated: “The Bank of Lebanon will continue to pump the cash dollars it acquires through banks, in order to finance the import at a price of 3,200 Lebanese pounds to the US dollar, with the aim of reducing food prices.” LINK

Don961:  imo ... like Iraq ... IMF doesn't want multiple exchange rates that can be exploited by speculators and banks .. without any tangible progress being made in the lives of the citizens by messing up the REER ... with multiple exchange rates in the markets