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Cole: if they pass it,(HCL) it WILL get implemented... Kurds planted firm in Kirkuk demanding implementation. If parliament indeed passes HCL on the 4th, implementation is inevitable and quickly, imo... all from CC
Iggy: imo from what i remember is if they pass it, it must be sent to the gazette for 3 days before implementation (unless something has changed)...they must increase their exchange rate for it to work... those 3 days would be the perfect time...
HCL talks get me excited...it was the key 9 years ago and i believe it to be the key today...i also like the fact those 3 days bring us to the 7th...
Don961: Article : With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy 7-7-2013
And then Maliki happened .. it appears the Chapter 7 sanctions were put back on .... this is another indication of just how far along they were to increasing the IQD value back then ..... so close .... now revitalized ... IMO
With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy
According to Iraq’s energy plan, oil exports are expected to reach six million barrels per day (bpd) by 2017. AFP photo
By Goran Mustafa
ERBIL, Kurdistan Region – The lifting of Chapter 7 sanctions last month can be considered one of Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, allowing Baghdad to regain control over its own currency, oil and economy.
Chapter 7, imposed on Iraq by the UN Security Council after Saddam’s invasion of Kuwait in 1991, froze all Iraqi assets in international banks, ordering they be used to compensate victims of the aggression. Besides placing limits on use of its wealth, the sanctions also placed limits on the Iraqi military.
One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data. Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power.
A few hours after Chapter 7 was lifted, the value of Iraqi dinar increased against other currencies. The exchange rate of dinar is fixed against the dollar, but its value continues to rise. Saif Al-Halafi, an economic and banking expert, expects that the dinar will probably replace the dollar for investments, and that as demand for the dinar rises, so will its value.
With Chapter 7 lifted, Iraq also can independently handle its oil revenues without UN supervision.
“The lifting of Chapter 7 against Iraq will enable it to regain independence in its oil policy, and Iraq again can become an important regional and international energy player,” said economic expert, Dr. Rebwar Khinsi. Iraq plans to emerge as one of the world’s biggest oil exporters in 12 years.
According to Iraq’s energy plan, oil exports are expected to reach six million barrels per day (bpd) by 2017, elevating the federal budget to $216 billion dollars. The plan aims for exports of nine million barrels bpd by 2020, raising the budget to $324 billion dollars. In 2025, the federal budget will reach 432 million dollars, if Iraq succeeds to export 12 million barrels of oil per day.
Under George Bush’s administration the US government agreed to keep $50 billion belonging to Iraq in America, and Barack Obama’s administration continues to do the same. An estimated $7.8 billion dollars are blocked in Jordan and Lebanon, and a huge amount of capital belonging to Iraqi Airways remains frozen in Kuwait and Jordan.
The United Nations Security Council forced Iraq to compensate Kuwait for an estimated $52 billion. Following the first Gulf War, Iraq did not have an independent economic policy, with all of its income administered by Iraq’s development program and supervised by the UN. Five percent of Iraq’s annual oil revenue was allocated to compensating Kuwait.
So far, Iraq has paid $41 billion dollars to Kuwait. According to Iraqi Foreign Minister Hoosyar Zebari, Baghdad is committed to paying the rest of the remaining $11 billion in compensation to Kuwait, and expects to pay off all of its debts by 2015.
Don961: You did a Fine job teaching them UST ...
Samson: Representative of the US Treasury mimics Handal and Sam (John F. Kennedy) in appreciation for his efforts in the development of the banking business
Awarded the US Treasury representative in Iraq, John Sullivan, head of the Iraqi Association of private banks and the depositary of Handal and Sam (John F. Kennedy), the highest award granted by the US Treasury Department for the leaders of civil society organizations specialized financial and banking Balhuun in the world, in appreciation for their efforts in promoting bilateral relations and their role in the financial and banking Ttoiralaml in their countries
And he presented the medal to the President of the Association representative of the US Treasury Department in Iraq, John Sullivan, in a bid farewell to his association ceremony at its headquarters in Baghdad on Wednesday night on the occasion of ending his tenure in Iraq.
The ceremony was attended by a number of heads of boards of directors of government and private Iraqi banks and officials of the Association, including Executive Director
During the ceremony, emphasizing the continued cooperation and coordination between the US Treasury Department and between the government and private Iraqi banks, so as to achieve their common objective in establishing direct links between the work of US and Iraqi banks and open accounts for each of them in the other.
He pledged US Treasury Representative John Sullivan to make double efforts to achieve this goal, which sought to achieve the two sides through the meetings that took place between them in the past months, a series
For which the US Treasury delegation to the evolution of Iraqi banks in compliance with international standards in combating money laundering and the financing of terrorism, during which
Currency 365 Extra Report: https://youtu.be/UA8WwrCIUgs
Special Report: Restored Republic via a GCR Summary of Events March 19-30
Compiled by Judy Byington, MSW, LCSW, ret, CEO, Child Abuse Recovery www.ChildAbuseRecovery.com; Author, "Twenty Two Faces," www.22faces.com
A. Sun. March 19
On Sun. March 19 Secretary of State Rex Tillerson returned to the US from China with an Elder, RV schedule, Non Performance Warning and final performance instructions for the US RV.
B. Mon. March 20
1. On Mon. March 20 (5:00 pm EST) Iraqi PM Abadi met with with President Trump and other dignitaries, and then went to the UN. He had brought papers from IMF which released Iraq from past obligations with the UN and US. Long ago the US put sanctions on Iraq, as did the UN. The UN had already released their sanctions and on Mon. March 20 in New York, the US was said to have finally released their sanctions.
2. The entire global financial system, and its primary value collateral and fiscal compliance rules, were said to be changed prior to 9am EST Mon. March 20.
3. As of Mon. March 20 and through to business close, bank front screen rates were exceeding $2.30 on a 1 Zim to 1 USN exchange.
4. As of noon Mon. March 20 existing bank clients were being called for in-bank redemptions, and being made liquid at screen rates and below.
C. Tues. March 21
1. Early March 21, the RV codes were sent out again to banks, paymasters, etc, but it wasen't known if they would be recalled again as had happened before.
2. On March 21 Sheldon Nidle said liaisons had reported that the process to commence a massive arrest was nearly complete, the NESARA Republic was soon to be revealed and the rollout would cautiously proceed.
D. Wed. March 22
1. Prosperity Packages and 800#s were re-issued as of early March 22 2017, and sent to key contact personnel for disbursal out to the general Internet public.
2. March 22 at 3 am EST one of three tranches came into the banks. The second came through at 6 pm EST last night. The third was there by 11:59 pm EST last night.
3. Dinar in-country rate was said to be over $6 on March 22.
E. Thurs. March 23
1. March 23 2017 the US Treasury gave the go ahead to the banks to get started.
2. The tranches were processed March 23 2017 to various banks around the world. This was also a test to see if anyone would steal the monies. They went through without incident.
3. Early March 23 between 2-3 am payments were made to the Elders. Hong Kong and London also released money to pay the Elders.
4. The non NDA Zim screen rate was $2.26.
G. Fri. March 24
1. On March 24 2017, the Central Bank of Iraq website read (in Arabic): “To all licensed banks and money transferers and currency dealers, approve all companies for exchange rate."
2. Dinar rate was about $3.50-$3.70.
H. Sun. March 26
1. All rates in the first basket were visible on the screen at HSBC on Sunday March 26.
2. Sources have the IQD trading now - this should be the start.
3. On Sunday March 26 the screen rates were visible for Dinar, Dong, Rupiah, Zim:
Dinar incountry $6.00, IQD
I. Mon. March 27
1. We have been on the gold standard since 5pm EST March 27.
2. Prepays, Advanced Pays, & SKRs started March 27.
3. On March 27 Irai TV announced soldiers were no longer needed in Mosul - the battle was finished.
J. Tues. March 28
1. Prime minster Teresa May from Great Britain signed the document for Brexit-Article 50. It reset everything so that with Brexit taking place, Great Britain was good to go. That needed to be done before this went for us. Brexit's article 50 deadline loomed March 29, 2017. France was next. Germany would be last next Fall when Merkel was disposed.
2. Air Force 2 touched down in Reno. If rumors are true then this is a signal of the RV.
3. On March 28 they almost sent the money, until the guys in the wire room went over the final compliance documents and said one critical information was missing - the origin of the funds.
4. The legal tender of the Government of The United States of America would be coming out shortly: File:20161227-TRSY-GENERIC CURRENCY SYMBOL-1.pdf
5. On March 28 pictures of the new US Notes could be retrieved from: http://nationalgreatregistry.generalpostoffice.international/index.php?title=Office_of_the_Treasury_for_The_United_States_of_America&oldid=1309 Category: The National Great Registry for The United States of America
6. Groups were emailed info March 28 to set up payment on their accounts for that night and if not, for tomorrow.
K. Wed. March 29
On March 29 in answer to a transfer of funds stall due to questions about the origins of the money, the information was provided and registered with authorities.
L. Fri. March 31
1.TNT: : The GCR should be by Fri. March 31.We are in the home stretch, if everything goes according to what I’ve been told. I have been told there is a plan, so this should be it.
2. If GCR/RV did not happen by March 31 2017, which was the end of the monetary quarter, there would be problems with retroactive payments going back to Jan. 1.
M. Sat. April 1
1. After the transfer of funds stall on Wed. March 29 the timing of the transmission was estimated at three days from March 28 or by April 1.
2. The New Powers That Be's mission was to complete conversion of the old financial system assets to the new financial system before the start of second quarter 2017, or by April 1, 2017.
N. Mon. April 3
Actual timing of funds transmission was expected on Monday April 3 European time.
O. Tues. April 4
Paymaster should receive the funds Tues. April 4, and begin distribution.
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