“Expecting the Rate” – Thurs. AM TNT Thoughts/News 12-8-22

Tishwash:
Al-Sudani and the International Monetary are discussing reforming the Iraqi banking system and efforts to combat corruption

Prime Minister Muhammad Shia Al-Sudani received, yesterday, Wednesday, the delegation of the International Monetary Fund, headed by the Resident Representative of the Fund in Iraq, Mr. Ghazi Shbeikat.

RVAlready:
May God bless all of us who are holding Dinar. May the CBI revalue soon!!! Amen

Yada:
RValready, I’m expecting the rate to be released end of this week or in the coming days. Even at the fraction of the value, it is the beginning of something that will not stop. Makes sense to have this partially release to entice the Iraqs trade in thir 25k notes for lower denoms. And with the rules regarding how much can be changed in a value in a quarter, next quarter gives them more time

Yada:
Dont forget they can’t go international, like the UN is expecting with a program rate. We win no matter what rate it comes out at

Booyah:
yada – exciting times! Is it correct that if dinar comes out at $1.50, and we exchange a 25K note, we receive 37.5K? That would make it a real Xmas for a change

Yada:
Yes, good estimation booyah. After we are wealthy, we will have bankers throwing money at us to borrow from them.

Tishwash:
Parliament excludes the inclusion of important bills on its agenda

Not including important laws on the parliament’s agenda has become commonplace. Many economic laws are of interest to citizens, such as the social security law and the oil and gas law, which is scheduled to be passed during the current session.

There are many laws within the corridors of parliament, between suspended and suspended, and many are also waiting to be included on the agenda for a vote. A failure followed by another for the Council and a deep slumber in it, as the previous agendas were absent from the pensioners’ salaries law and social security, which are considered a priority for many

The oil and gas law, too, has not seen the light since previous parliamentary sessions due to the dispute over the mechanism for managing the oil fields, and the controversy is still present despite the existence of a draft law since the year two thousand and six, amid the possibility of making amendments to it in the event that Parliament took the decision to include it on the agenda.   link

CandyKisses:
Officially.. The Presidency of Parliament announces the end of the second legislative term

Urgent: The Presidency of the House of Representatives announces the end of the second legislative term of the first legislative year