Chatter on Dinar Updates Thursday Night 1-21-16
Emailed To Dinar Recaps
rcookie says ON MONDAY WE HAVE ANNOUNCEMENT OF CUSTOMS & TARIFFS LAUNCHED IN ALL PROVINCES..IN ACCORDANCE WITH ARTICLE 24(A,B,C) OF 2016 BUDGET....
THEN YESTERDAY WE SEE THAT GENERAL ELECTRIC IS ANNOUNCED AS PRIMARY AGENT FOR ELECTRIC PLANTS & MAINTENANCE IN ENTIRE COUNTRY AS GUARANTEED ALLOCATION IN ARTICLE 31 OF 2016 BUDGET...
THEN WE SEE THE ANNOUNCEMENT OF FOREIGN INVESTMENT TOWARD PRIVATIZING IRAQI AIRWAYS AND RE-OPENING OF EUROPEAN FLIGHT SCHEDULES FROM IRAQ
AND MASSIVE EXPANSION PLANS WHICH WILL ALSO BE SUPPORTED BY GUARANTEED ALLOCATIONS IN ARTICLE 31 OF 2016 BUDGET...
THEN FINALLY TODAY WE SEE ANNONCEMENT THAT FOR 1ST TIME SINCE 2003...
IRAQ SELLS BONDS TO LOCAL CITZENS..TOTALLING 5 TRILLION DINARS THIS YEAR...3 YEAR TERM..10% INTEREST..
HAVING ALREADY ISSUED TO LOCAL BANKS...AS OUTLINED IN 2016 BUDGET (CHAPTER II..ARTICLE 2.. SECTION B..PAGE 10) WOW...THIS ALL DONE AND BUDGET INK IN GAZETTE STILL WET!!!!...
jimplants says to rcookie WELL SOMETHING IN IRAQ HAS TO CHANGE AND ITS NOT THE PRICE OF OIL.
I CAN NOT DREAM OF THE AVERAGE IRAQI BUYING BONDS WITH THEIR CURRENT DINAR WITHOUT A CHANGE IN VALUE
WITHOUT A CHANGE IN VALUE A VERY LARGE CHANGE
rcookie says to jimplants AGREED...AND WILL GIVE THEM SKIN IN THEIR OWN GAME....
jimplants says to rcookie HAVE TO OR ITS UP IN SMOKE THEY HAVE TO HAVE CONFIDENCE IN THEIR DINAR
jimplants says HAS ANYONE STOPPED TO THINK THAT ALL LAWS MIGHT BE VOTED AND PASSED JUST LIKE THE BUDGET AND THEY ARE HIDDING THEM FOR A REASON
poppy3 says to subgirl():ALL TRUE BUT HEARING THESE ANNOUNCEMENTS IS GREAT AND ALL ARE BEING DONE THUS NOT COMPLETE .
NOW A PREPARATION TO EMPLIMENT THE TARRIFFS HAVE NOT BEEN COMPLETED.
THEY AND WE HAVE KNOWN ALL THIS FOR WEEKS NOW BUT THEIR ACTIONS TO COLLECT THE TARRIFFS IS NOT IN PLACE .
REMEMBER WHEN THE FIRST ANNOUNCEMENT WAS MADE IN 2011 AND DR SHABIBI AT THAT TIME STATED TO START COLLECTION THE TARRIFF WOULD TAKE 3000 NEW STATE EMPLOYEE'S TO MAN THE PROCESS.
IT IS ABOUT TO HAPPEN BUT HOW MUCH PREPARATIONS HAVE THEY DONE TO THIS POINT???
HOW FAST CAN THEY GET IT DONE. THESE THINGS ARE UNKNOWN BUT IT APPEARS THEY ARE FINALLY SHOWING ACTIONS
Baxter1243 says(): Poppy... So the Tariffs havent started Yet? I thought the articles said they did...
Baxter1243 says(): Like last Monday
poppy3 says to Baxter1243(): I TRUELY THINK THEY HAVE BEEN PRIOR ACTIONS TAKEN PREPARING TO COLLECT THE TARRIFFS
AND WILL START WITHIN DAYS AND ALONG WITH GETTING POSITIONED TO COLLECT THEM WE WILL SEE A NEW RATE.
MY GUESS WE WILL SEE VERY CLOSE TO $ **** WELL YA'LL KNOW VERY WELL WHAT I HAVE ALWAYS SAID AND IT HASN'T CHANGE BECAUSE NO ONE FROM ANYONE THAT HAS A POSITION TO SAY HAS EVER SAID ANYTHING DIFFERENT.
I AM GETTING PHONE CALLS FROM ONE SOURCE WHO HAS IN THE PAST BEEN VERY ACCURATE STATING THE BUDGET WILL BE PRINTED IN THE GAZETTE WITHIN THE NEXT 24 HOURS
AND THE BUDGET FIGURE'S WILL SHOW A RATE OF APPROXIMATELY $3.60 CENTS .
THIS STILL UNCONFIRMED AT THIS TIME BUT VERY EXCITING.
WE ARE WAITING ON CALL FROM BAGDAD TO CONFIRM. LETS ALL PRAY FOR FAVOR IT IS TRUE . TIME WILL CONFIRM VERY SOON. STAY TUNED.
Where'sthebeef says(): so the budget is not in the gazetter yet? I thought the budget was posted in the gazette today.
Pablo says(): So did I.
poppy3 says to Pablo(6:45 PM): YES BUT I WAIT FOR OUR MAN ON THE STREET THAT LIVES THERE TO CONFIRM AND HE HASNT CALLED YET. POPPY3
wvchsr says(): There is a post on the MOJ site : The federal budget of the Republic of Iraq for the fiscal year Law / 2016
sophie1 says to Baxter1243(): is millionday coming in? she usually doesnt on thursday
wvchsr says to poppy3(): Is thata start rate and do you think it will fluctuate with the market?\
poppy3 says to subgirl(): NORMALLY NOT THURSDAY BUT SHE MAY HAVE CONFIRMATION ...
REMEMBER THE GAZETTE IS NORMALLY NOT PUBLISHED EXCEPT ON SATURDAY UNLESS THEY PRINT A SPECIAL EDITION.
ANOTHER REASON I SAID WAIT FOR TRUE CONFIRMATION ON ALL OF IT INCLUDING THE RATE BEING IN THE BUDGET OR AT LEAST ENOUGH FIGURES TO FIND IT OURSELVES.
poppy3 says to wvchsr(): NO NO FLUATION EVER BEEN ANNOUNCED OFFICIALLY ONLY SPECULATION FROM GURU'S. POPPY3
Where'sthebeef says(): So it looks as though the 2 biggest questions are still yet to be answered.
larrykn says(): poppy3 I saw this morning in an article matter of fact a few articles that the budget was in the gazette as of today
poppy3 says(): LET ME PUT A BUG IN YOUR EAR FOR POST RV . I WILL NOT CASH IN AT A BANK . THERE ARE MANY BETTER OPTIONS. POPPY3
jetset says(): here is the link to the GOi website that was brought in this morning. http://www.moj.gov.iq/ http://www.moj.gov.iq/
jwjd says(): I have a question for someone who has been in this a long time......... does this 2016 budget hold a different significance than the previous budgets that have been posted in the gazette? I am just trying to remember the last time a budge was posted in the gazette?
_firefly_ says to jwjd(): They have been posted but not activated
tsm says: they just don't open them... in the gazette really is nothing unless they open (impliment ) it
jwjd says(): firefly do you mean previous budgets?
_firefly_ says to jwjd(7:52 PM): or opened .... whichever term you want to use :)
_firefly_ says to jwjd(7:52 PM): Yes
jwjd says(): so this 2016 budget is officially activated vs the previous ones that were never activated?
Charlie&Gracie says(7:53 PM): plowboy: YW:)
_firefly_ says to jwjd(7:53 PM): Posted but not opened to the public ..... yet
templejc: CAN YOU TELL US THE DIFFERENCE BETWEEN HAVING THIS BUDGET THIS TIME VS IN PREVIOUS YEARS?
Millionday: IT IS LAW ON TIME FOR THE YEAR INSTEAD OF PAST FINAL ACCOUNTS
samson Millionday: Millie have you heard about this yet ? http://www.msn.com/en-us/news/world/...K&ocid=U142DHP
Millionday: I HAVE SEEN WHY THIS IS HAPPENING
Millionday: THE UN HAS TOLD IRAQ THAT THEY WANT MORE TRAINING AND MORE POLICE FOR MORE SECURITY SO THIS IS OBVIOUSLY A DIRECT AGREEMENT DUE TO THAT REQUEST AND THIS IS GREAT NEWS FOR THEM --- THE GLOBE AND FOR US JOBS
Millionday: SO THIS IS GREAT DUE TO THE FACT OF SPEED IN THAT REQUEST AND ALSO THE COMPLIANCE FOR WHAT EVER REASON THE REQUEST WAS MADE
poppy3: COMMENT AND CONFIRMATION FROM MY INFORMATION BEFORE ?????
poppy3: JUST GOT THE CONFIRMATION THE BUDGET WAS PUBLISHED TODAY IN A SPECIAL EDITION BUT PUBLISHED
poppy3: WITHOUT THE HCL
poppy3: NO RATE NO RATE
Millionday: I AGREE -- THIS IS GREAT --
jwjd: with no rate being published in the budget what could this be meaning? does that mean the rate will be published by CBI? IMF?
Millionday: IMO THIS MEANS THAT LIKE ANY OTHER CHANGE IN VALUE IN CURRENCY IT WILL BE ADJUSTED IN REAL TIME THROUGH DATA ENTRY
Millionday: ALL AT ONCE AS SOMEONE ONCE SAID
cjquade54: yes makes sense
jwjd: I almost didn't expect it to be in this publishing of the budget because then we wouldn't be here today.. I do hope that it is revealed very soon though
Millionday: YEARS AGO WE HAD A GREAT FRIEND THAT WAS ALWAYS ON AND DID MANY CALLS THAT I HAVE HUGE RESPECT FOR AS HE IS A FRIEND OF MINE AND MANY --- THE PRINTING OF THE BUDGET --- CHECK MARK
Millionday: I HAVE SOMETHING ON THE HCL THAT I WILL BRING I HAPPENED TO FIND A COUPLE MINUTES AGO BUT LET ME SAY
Millionday: IRAQ HAS MADE IT VERY CLEAR THAT THEY ARE WORKING VERY HARD TO MOVE FORWARD WITH ALL SECTORS OTHER THAN OIL
AND ALSO REFINERY BUSINESS ETC --
THEY ARE MOVING FORWARD WITH DIVERSITY AS REQUESTED BY THE WTO AND MANY OTHER ORGANIZATIONS
Millionday: NOT THAT THE OIL AGREEMENT IS NOT IMPORTANT BUT -- IRAQ HAS MADE IT VERY CLEAR THAT THEY ARE MOVING FORWARD TO A MARKET ECONOMY --
Millionday: THIS IS HUGE AND VERY MAJOR
Millionday: LOOK WHAT ABADI HAS BEEN NAMED AS A PART OF
Millionday: Prime Minister Haider al-Abadi / participated in the "special pool" to the leaders of the global economy in an interactive session on the Middle East stability, according to a government statement.
The statement said, "it was addressed to the Iraqi victories against terrorism, especially Daash edit gray Iraqi capabilities and orientation for the Liberation of Mosul this year and the elimination of Daash in Iraq."
Millionday: HE HAS BEEN NAMED AS ONE OF THE LEADERS OF THE SPECIAL POOL OF GLOBAL LEADERS OF THE GLOBAL ECONOMY -- NOW THINK ABOUT THAT
Millionday: DOESNT THAT MAKE YOU THINK THAT CONFIDENCE HAS EXPANDED HUGELY AND ALSO THAT IRAQ IS EXPECTED TO BE AN ECONOMIC FORCE
Millionday: KURDISTAN HAS AGREED TO COLLECT BUT IRAQI FEDERAL HAS ALSO PREPARED FOR ANY CHANGE IN THAT AGREEMENT TO COME -- GREAT NEWS TO SEE THEM LOOKING FORWARD INSTEAD OF HEADS IN THE SAND
Millionday: ALL ENTRIES AND BORDERS -- HUGE
Millionday: AND THIS IS OF COURSE A MAJOR MOVE FOR IRAQ TO ENTER THE MARKET ECONOMY
Where'sthebeef: Is that tariffs on everyday goods as well? It states on some items, including cigs, cars and alcohol
Millionday: THAT IS WHAT KURDISTAN HAS AGREED ON FOR CERTAIN AND THEY MAY MOVE FORWARD BUT THAT IS WHAT JUST THAT AREA HAS MADE IT VERY CLEAR OF THE INITIAL AGREEMENT
Where'sthebeef Millionday: This is great news for sure, but the tariffs on these types of things, wouldn't cause a rise in the goods that the citizens need on a daily basis would it? Again, wonderful news!
Millionday: WHERES THE BEEF -- THIS IS JUST WHAT THE KURDISTAN REGION HAS COMPLETED
IT IS NOT WHAT IS GOING TO BE TAXED COMING INTO THE NATION -- JUST COMPLETE AGREEMENT PARTS ONLY