(Thank you George for emailing this to Dinar Recaps.)
UU6802 – “The Reforms Continue – A Critical Period” by Mnt Goat
If you are reading this news letter today for the very first time I welcome you. But I highly recommend you continue to read it since my news letters connect together and they are a continued saga of the Iraqi dinar revaluation story. I bring no hype or rumors. If I am giving you my personal opinion I will tell you it is only my opinion.
My news letters today is brief with only 7 pages….lol…..I am trying to keep them short. But if only want a date and a rate you can get that from somewhere else and they can give you a couple words or else and be done.
I personally do not think that ANY one event is “holding up” the revaluation process but simply Iraq it not yet ready. When will they be ready?
WHEN EVERYTHING IS IN PLACE AND THEY (IRAQ, UN and USA) FEEL COMFORTABLE WITH THEIR SITUATION !
There is no boogieman behind a curtain that belongs to the cabal or secret society holding this RV back. There is no secret society or others working to make the government better (better for who?- their group to take control?), as some have told you. This is simply all foolishness and must stop.
Today is Wednesday September 2nd and still no RV or hopes of an RV window until at least mid September.
I told you from mid August to mid September would be a very critical time for getting these reforms accomplished. I told you Abadi would make a final push to get them completed and it would be very sudden and unexpected by most.
I told you that “if” this reform process is successful, we would be in a great window to possibly see the currency reform project pick up momentum and maybe see a significant increase the value of the Iraqi dinar and the continuation of the “deletion of the 3 zeros” project. I firmly expect Dr Shabib to come back to an “official” capacity to head up the CBI once again before these projects kick off fully.
Let’s get going with today’s news. There is much news again and I will attempt to summarize it for you and put it into perspective.
So recently the three presidents including the prime minister, the speaker of the house and the formal president of Iraq met and what were they discussing? These meetings do not happen very much and so when they tell us about them we must pay attention. Something HUGE is about to happen. It always does as the past has told us.
Yesterday’s meeting was about the final push to get the needed critical legislation completed. Once again the are telling us what this key, critical legislation is – “The meeting felt the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws”.
So there it is. Their words not mine. No hype or rumors. This is what they are targeting in the next couple weeks. Read it for yourself.
I also included an article so everyone can see the intentions of Abadi and the cleanup of the money laundering operations. So not only is the CBI making an effort to prevent money laundering but now we see the GOI (under Abadi’s direction) finally stepping it up and going after the culprits.
THREE PRESIDENCIES MEETING ENDS WITH A SMILE
Tuesday 01-09-2015 | 12:44:54
Twilight News / Search Iraq's three presidencies meeting the security situation and file reforms and ways to strengthen state-building and issues related to the completion of the legislation.
A statement by the Presidency of the Republic that the conferees expressed their support for practical steps that meet the interests of the Iraqi people to accomplish what was voted on government and parliamentary reforms.
The Prime Minister stressed the need to go all the reforms are carried out in accordance with the Constitution and the law.
As it has praised the military operations led by the Iraqi army and security forces and members of the popular crowd and the Peshmerga and the sons of the tribes in Anbar and Peggy multiple areas of Iraq.According to the statement.
The meeting felt the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws.
The meeting also stressed that the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement them.
ABADI ORDERS RE-SMUGGLED MONEY
02/09/2015 13:49 pm
Baghdad scales News
It ordered the prime minister, Haydar al-Abadi to form a higher committee competent to recover funds stolen and smuggled in inside and outside Iraq, stressing the need to prosecute those involved stealing money and submit to eliminate characters.
The government said the morning newspaper in its edition on Wednesday, and followed up / scales News / "The Council of Ministers form a government committee to follow up on the country and the recovery of money stolen and smuggled out of Iraq, and working to detect smuggling operations involved."
She said "billions of dollars that have been smuggled out of the country, enough to remove Iraq from the financial hardship experienced by, resulting from the lack of revenue due to lower selling global oil prices, and its impact on economic and monetary reality."
She explained that "the government has taken a series of measures recently in order to reduce corruption and money smuggling, the steps that comes as part of the reforms package and activate the role of the regulatory institutions and the disclosure of spoilers and activating the role of the Anti-Corruption Council, which was formed recently under the chairmanship of Abadi and in cooperation with the judiciary." .anthy 29 / d 25
Like clockwork we see PM Abadi now beginning the effort to clean up the CBI and its corruption as part of his phase III reforms. I have told you this was coming very shortly. It simply had to. Many of you have said what is taking Abadi so long? Well if you were in his shoes you would probably give up and run away. So patients and lets see how he handles these issues.
I have repeatedly told you that, it was not my feeling or rumor that Dr Shabibi must come back to the CBI, to complete the project to delete the zeros and the currency reform phases, but rather it is in the plan and it has to play out or there is no way for them to clean up this economic mess.
Now they are telling us that Abadi is to form special committees to open files of corruption on the Central Bank of Iraq (CBI), and on the issue of the dismissal of the former province Shabibi, and the like of the charges brought against him by the mafias of corruption that seized power in that period. But we all know Dr Shabibi has already been vindicated from any crimes…did we not hear this many months ago? So what is this investigation now really about?
So now Abadi has to after the culprits in the CBI dealing with this money laundering and anyone involved in supporting Maliki as he raided the CBI reserves. Abadi also has to replace the current proxy governor since his ties with Maliki are too strong. It is time now for this work.
In my last news letter I stated that the current proxy acting governor does not have the experience to handle the current financial crisis of Iraq nor does he not have the solutions necessary to clean up the mess that former PM Maliki left behind. Seems every plot to raise capital for the deficit seems to backfire on the CBI. They keep hitting roadblocks on the tariffs, bonds and other sources to raise revenue without a change in value to the currency.
So this is exciting news I bring to you today is in 2 articles I included below on the same topic. So it too is very important. I said they intend to do something very shortly (need to do something very shortly is more like it) with the currency value. Iraq is at that point they must finally join the international community or stay as a third world country.
We all should be very, very excited since this is ONE of the keys to opening the lock to begin the RV process.
I will talk more about this in my future news letters.
I also included a third article and I know this INDIRECTLY impacts the plan to clean up the CBI. They desperately need the help of Dr Shabibi and they know it. They are asking him to head up this committee although we know he is not going to take the job unless he has a FREE HAND and INDEPENDENCE to operate, manage and institute change as needed as the governor of the CBI.
None of these three articles comes right out and tells us directly but we can read behind the words they present that they are desperate and need sound economic advice from an expert.
The last article in this section is about the central bank telling once again about the issuance of new currencies in both categories  thousand and  thousand Iraqi dinars end of this year. Remember it was just a few weeks ago that the CBI announced they would and could only issue the 50 thousand notes now and then wait till 2016 sometime for the 100 thousand notes. Now they are telling us they are going to wait for both the 50 and the 100 thousand notes till 2016. So what has changed? This one we will have to watch closely. Do they know what they are doing? Remember they can’t issue any of these new notes unless the value of the currency increased and they are no the new low denoms. These 2 large newer notes ARE NOT TO BE USED IN THE GENERAL PUBLIC along side the existing 3 zero notes (as they are using today).
ABADI CONSTITUTE SPECIAL COMMITTEES TO OPEN THE CENTRAL BANK OF FILES .. AND THE ISSUE OF THE DISMISSAL OF THE FORMER PROVINCE SHABIBI!
Date: Mon 08/31/2015 14:19
Worth Iraqi Prime Minister Haider al-Abadi, a heavy legacy of corruption and the corrupt accumulated during the reign of his predecessor, Nuri al-Maliki, making his way to the application of full reforms of obstacles and mines.
And show the observers the Iraqi affair concern the seriousness of the files that Abadi accept the open, and that are related to very serious Pmaviac tightened rings work during the eight years ago during the reign of al-Maliki of the country, and earlier, calling Abadi to be handled with caution.
He said one of the most prominent Iraqi ministers said that "al-Abadi said during a recent cabinet meeting on Amadah the path of reform and confront the corrupt whatever it takes," noting that it "opens You very serious and linked Pmaviac and the leaders of the militias.
"explained the minister, who preferred not to be named, said:" Abadi form special committees to open the Central Bank of files, and the issue of the dismissal of the former province Shabibi, and the like of the charges brought against him by the mafias of corruption that seized power in that period.
"He added that" the committees also open the Real Estate State and sold file and acquired by the political and partisan forces of a window in the previous governments, as open oil licensing contracts file and marred by charges of corruption and deal with international oil companies.
"He stressed that" those files The files of the most dangerous in the country, which is hazardous to the reformist project Abadi, Abadi has personally reactions unexpected faces by those in charge of those files and Mavyatem ".
ABADI FORM COMMITTEES TO OPEN THE FILES, AND THE CENTRAL BANK SALE OF PROPERTY STATE
He wrote: August 31, 2015
Political sources revealed that the prime minister Haider al-Abadi said during the last meeting of the Council of Ministers Amadah the path of reform and confront the corrupt whatever it takes.
The sources said that al-Abadi form special committees to open the central bank files and the issue of the dismissal of the former province Shabibi addition to the Real Estate State and sold file and acquired by the political and partisan window forces in the country, saying that the issues of the most dangerous files facing the reformist
ECONOMIST CALLS FOR THE DEVELOPMENT OF AN EMERGENCY PLAN TO STABILIZE THE IRAQI DINAR
Date: 08/31/2015 13:41 Information / special / .. Called economic expert, Mohammed Abdul-Zahra, on
Monday, the central government for an urgent financial plan to control the stability of the Iraqi dinar against the dollar. He said Venus told / information / that "the survival of the financial situation for what it is, especially since the country live a severe financial crisis represented delay staff salaries and delays in the implementation of projects and the lack of financial liquidity," noting that "those things have contributed and contribute to the instability of the Iraqi dinar against the the dollar. " Abdul-Zahra and stressed the need for "urgent government put a financial plan in order to avoid falling into a major crisis in the Iraqi economic." Finished / 25
ASK CATEGORIES  AND  THOUSAND DINARS CURRENCY CASH END OF THE YEAR
Detection of the parliamentary economic committee member Ahmed Kanani, on Tuesday, the central bank for the issuance of new currencies in both categories  thousand and  thousand Iraqi dinars end of this year.
Said Kanani told all of Iraq [where] that "the Iraqi Central Bank, in connection with the issuance of currency in both categories  thousand dinars and  dinars, printed". Noting that "put this category to the market will be the end of the year."
Kanani said that "the class  thousand dinars printed, will be under the experiment  thousand dinars," pointing out that "the new monetary category will work the end of this year."
It is said that the CBI is now dealing with a class  thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies. end
Link to PART 2