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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, October 5, 2017

DINAR IRAQ & DONG VIETNAM UPDATE, 5 OCT

Masum: Tireless efforts to resolve crisis with Erbil Iraqi President Fuad Masum on Tuesday announced that he is excreting tireless efforts to end standing issues between Baghdad and Erbil. These remarks came in a statement issued by Masum in which he congratulated the Iraqi people on the occasion of Iraq’s National Day. He wished Iraq to be fully liberated from ISIS terrorists, success in relocating displaced civilians as well as establishing a federal, democratic, advanced, modern state.
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The economic expert Bassil al-Obeidi predicted on Tuesday the economic collapse of the Kurdistan region in the event of continuing the project of separation after the closure of the land border between Turkey and Iran and Baghdad, pointing out that these repercussions will drag the region to disintegration and turn Sulaymaniyah province to a province away from Erbil.
Obeidi said that “the economic repercussions are dire for the Kurdistan region in the case of his insistence on continuing the project of separation, which will lead to increasing international isolation.”
He added that “the tourism sector in the region ended completely after the closure of airspace and the cancellation of domestic tourism trips from Baghdad while the end of the oil deal with Iran at a time when Turkey is considering the closure of the oil pipeline, which is the economic basis, which means that the Kurdish economy can not survive for a few hours” .
He added that “the failure of the central government to send hard currency to the region in the coming days will lead to the collapse of the dinar in the region, increasing the possibility of popular revolutions against the rule of Massoud Barzani, who adopted the draft separation.”
Al-Obeidi said that “these repercussions will be dire and is expected to announce Sulaymaniyah and other areas to end the partnership with Erbil to get rid of the pretexts of the crisis, which means the division of the territory of two separate parts.”

DINAR GURUS UPDATE, 5 OCT

10-5-2017   Newshound/Intel Guru Mnt Goat   A blast from the past:  Article:  November 7, 2016..."CENTRAL BANK: DELETE ZEROS IN EARLY 2017" Quote:  "The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project."  First...they did not tell us they were going to Revalue or Reinstate their currency in EARLY 2017...So everyone is anticipating something that never really was even supposed to occur. Second-They are telling us the purpose of the project to delete the zeros.  I quote – “THE PURPOSE OF DELETING THREE ZEROS FROM THE IRAQI CURRENCY IS TO SUPPORT THE IRAQI DINAR AND MAKE IT A COMPETITOR OF FOREIGN CURRENCY”.   So when they get to a certain point in this project they will be international. How can they go international with the rate they now have?  How would this 1182 rate be “competitive?   [post 1 of 3....stay tuned]

10-5-2017   Newshound Guru Adam Montana   ...guess which country is popping up in the headlines more and more over the last 7 days?  If you said Kuwait, *ding ding!* I've got a cookie for you! ...although Kuwait isn't directly saying "let's get ready for the New Iraq", they are certainly on board. Kuwait is a major influence in the Middle East, and a higher IQD won't hurt them one bit.   In fact, their support through that transition will only serve to make Iraq a strong ally, so it's in their interest to support Iraq through an RV.  I like what I'm seeing from Kuwait right now.

10-5-2017   Intel Guru Delta   URGENT FROM IRAQI TV:   PM ABADI  ANNOUNCED FROM FRANCE THE LIBERATION OF CITY OF HAWIJA FROM DAASH.

10-5-2017   Newshound Guru Adam Montana   Former Iraqi President Talabani has passed away, and a week of mourning has been called.  I don't see anything major on the HCL for this next week, BUT... the so called "Referendum for Independence" seems to have come and gone, and is no longer an issue, which is exactly how I figured it would go. In fact, it seems things are moving even more smoothly than I anticipated! Abadi and Crew are making very positive moves towards resolving Article 140 in an amicable way, while at the same time giving the Kurds very strong reason to believe they are going to be treated fairly. This is great incentive to move on the HCL, and of course, RV!  I am VERY encouraged!  With that all said, I really think we're at a point where things are moving solidly in the right direction. The question of "when?" is still on the table, as always... but it's pretty undeniable that we're moving!

10-5-2017   Newshound/Intel Guru Mnt Goat   Article:  "Project to reform the payroll payment mechanism employees of institutions and State departments"   Quote:  "The project aims to pay salaries to state employees through cards issued by banks operating in Iraq and aims to reduce the total cost of the process of paying salaries AND KEEPING CASH IN THE BANKING SYSTEM."   Folks this is not new news...  But it is still wonderful and WOW news. This is the project to delete the zeros in the making and ya gotta luv it. It is exactly what we want to hear.

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TNT Rayren98 Dinar Call

Restored Republic via a GCR Update as of Oct. 5 2017

Compiled 12:06 am EDT 5 Oct. 2017 by Judy Byington

A. Oct. 4 2017 10:52 am EDT Intel Alert Operation Disclosure: Operation Disclosure GCR/RV Intel Alert for October 4, 2017 https://operationdisclosure.blogspot.com/

1. Today Oct. 4 there was an increase in military movement across the country. The military were moving into position in preparation for the restoration of the Republic.

2. All Cabal members within the US government would be rounded up and escorted out in trucks by the military.

3. Yesterday Oct. 3 Trump signed an Executive Order releasing the USN while he was on his way to Puerto Rico.

The GCR/RV was imminent.

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

B. Oct. 4 2017 10:04 pm EDT:t - The Office of POOFness - 10.4.17

1. The lawyers have confirmed our release.

2. If we get the funds by the weekend Oct 6-8, we will be doing very well.

3. Today Oct. 4 one of the currency intakes said they were processing hundreds of contracts that are being let out for the currency exchanges.

4. A lot of you will be very happy shortly.

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C. Oct. 4 2017 8:48 pm EDT TNT Call: TNT Showtime CC Notes by Adept1

1. Rate changes are in effect and moving ever upwards. In at least two states there were visible rates on the screen.

2. Yesterday Oct. 3 Call Centers in special locations were put on call.

3. The banking industry was now leaning towards Tues. or Wed. for things to happen, so if it’s not today Oct. 4, then possibly next Tues. Oct. 10-Wed. Oct. 11.

4. Today Oct. 4 the banks were on standby – on call – to be available at a moment’s notice.

5. Today Oct. 4 Exchange Centers were on call.

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D. Oct. 3 2017 11:53 pm EDT Intel, Benny: Benny: Things Seems to Go as Planned + Intel

1. Today Oct. 3 Bankers told Benny that the Dinar rate would change in 48 hours (by Thurs. Oct. 5).

2. All currencies will RV at the same time.

3. There is a limit of cash you can take from your exchange.

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E. Oct. 3 2017 1:44 pm EDT Intel 48 hours: "Intel: 48 Hours" by Ruby - 10.3.17

1. Beny says it’s in 48 hours. He had a live show on Facebook.

2. I was chatting with Kent Dunn at the time who confirmed the 48 hours news because Iraq has started trading their dinar on their stock exchange for the first time in 25 years.

3. Kent also said he could see them using the FALSE FLAG as the distraction rather than the persecution of Trump in the news as our cover.

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

F. Oct. 3 2017 11:47 pm EDT Intel Situation Report, Deep Source: Intel Situation Report (SITREP) from Deep Source(s) 10-3-17

1. On Oct. 3 Trump was to sign an executive order to release the USN's before arriving in Puerto Rico - thus releasing funds and the GCR/RV.

2. Deep Source (Resistance): "Several Cabal Deep Underground Military Bases were destroyed last month. The search for more of these tirelessly continues until no more remain. Republic military assets were targeted by the Military Industrial Complex under the cover of the hurricanes last month. Attempts to destroy Republic military assets were avoided and dealt with thanks to Alliance intelligence."

3. Deep Source (The Alliance): "Alliance forces aided in reducing the effects of the hurricanes last month. The Cabal intended to create several super hurricanes in order to cause massive destruction. This was a desperate Cabal attempt to bring as many of us down with them as they can."

DELTA UPDATE, 5 OCT

DELTA: URGENT FROM IRAQI TV:

PM ABADI  ANNOUNCED FROM FRANCE THE LIBERATION OF CITY OF HAWIJA FROM DAASH.  (wink)

Walkingstick:  Messenger: The liberation of Hawijah is a great victory for our forces .. And that

Joint operations spokesman Brigadier General Yehia Rasool said that "the sto".liberation of Hawija district center is a great victory for our secu In an interview for "here Baghdad," Rasul explained that "the Riyadh area is the last "Hugija district," adding that "will be stormed soon," stressing that "the area fell He also pointed out that "control of the Makhal and Hamrin mountain ranges is . "most important ach

http://www.alqurtasnews.com/ne.....2%D9%89/ar
....


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Samson:  Iraq pre-conditions paying Kurdish salaries

 5th October, 2017

Baghdad announced readiness to hand over the salaries of the Kurdish officials and Peshmarga forces but in one condition.

Baghdad preconditioned that the Kurdish region should cede the oil dossiers to the central government here.

In a press statement, Baghdad will be obliged to pay the salaries if the Kurdish region agreed to cede the airports, border outlets and oil dossier, including Kirkuk oilfields.
“The payment of the salaries depends on the abidance by the Kurdish side with the conditions of the central government”, the statement added.

http://www.iraqtradelinknews.com/2017/10/iraq-pre-conditions-paying-kurdish.html

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

Walkingstick:  Kurdistan .. The arrest of two gangs for counterfeiting and whitening currency local and foreign currencies

http://www.shafaaq.com/ar/Ar_NewsReader/3f9d755d-7987-46af-bc04-112d4b24e053

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Samson:  Macaron: We want comprehensive national reconciliation in Iraq, including the Kurds

5th October, 2017

The President of France, Emmanuel Macaron, stressed on Thursday the existence of a comprehensive reconciliation in Iraq, including the Kurds.

"Our discussions with Abadi were fruitful and friendly," McCron told a joint press conference with Prime Minister Haider al-Abbadi at the Elysee Palace in Paris.

"France is committed to the International Alliance for a staunch revolution," he said. "We want a comprehensive national reconciliation in Iraq, including the Kurds."  And "we want to strengthen relations with Iraq in the field of university and culture."

https://www.alghadpress.com/news/121564/

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Dinar Updates:

BGG   President Talabani has passed away...it's official this time.

 For all of those upset about the Kurdish referendum... Fitch came out and said it's not going to impact their credit or their economy or their functionality...the referendum doesn't matter that much.

Fitch's exact words:  "Iraq's economy or classification will not be affected by the referendum." 
I'm still very bullish on the currency as an investment...don't see anything that points in any other direction other than that.

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

People’s Dinar:

Payray   As was mentioned in an earlier article, some very important people are confident that this referendum situation will not hinder the progress being made...Business as usual is the call.

In fact...this situation with the Kurds is an opportunity for Abadi to show that he can be trusted... In that despite the Kurd's voting for independence, Baghdad wants unity, and in fact is going to pay the Kurd's their fair share.

Their salaries are still going to be paid in a few days as was declared in an article yesterday...  No reason to be discouraged folks... But encouraged by what is going on.

IQD CHAT, 5 OCT

DinarResearcher: Good Evening
DinarResearcher: How are you all tonight?

DinarResearcher: So who would like to hear a bed time story?
DinarResearcher: More like a bed time article, lol

DinarResearcher: It's a little lengthy but a good one and has my name Written all over it. Hehe

DinarResearcher: Gimme a few and I will throw it out in here.<<< gets a drink a water.. Kap this one is dedicated to you my Guru friend.

dullenih: @DinarResearcher pls give us a good rate :yes:
dullenih: @DinarResearcher well if cant 3 ...0.5 also ok lol

DinarResearcher: You ready here it goes......
DinarResearcher: Or here it comes

DinarResearcher: Float of the dinar. Or value added tax as the weakest faith ​
...
​Abdul Hussein Al Henin. 10/05/2017

DinarResearcher: A while ago, the Central Bank of Iraq started to use the term "currency window" instead of "currency auction." It is true that there is simply no auction until we call it an auction. It is a distribution window distributed by the bank to banks that monopolize the purchase of the dollar. ,

While the Iraqi is prevented from buying from them. All of these banks are responsible for bringing valid and authenticated invoices by commercial attachés in our embassies in Dubai, Beirut, Amman and elsewhere through a routine process in embassies without being checked.

DinarResearcher: The Central Bank has imposed 8% of the value of any bill to silence the few votes objecting to its policy and considered at the time the proportion of the customs tax on goods are retrieved after confirmation of the arrival of goods to Iraq and the payment of customs duties.

The new Iraqi Central Bank raise the cost of this ratio and dispensed with the request for bills because it is difficult to verify the validity, most of them have nothing to do with any goods may reach Iraq in practice through them, the real professional traders of the trade, they buy their dollars from the market and not from the central because they are not Customers of the center who insists on a method that has lost Iraq a large part of its wealth.

DinarResearcher: Despite this great waste of wealth and the decline in reserves, the insistence on the currency auction or the dollar sale window remains the only way, as if it were as much as death and there is no alternative.

DinarResearcher: The alternative or fundamental solution is to float the dinar without hesitation to get rid of the waste of millions of dollars a day, helping the CBI to waste hard currency at a rate of 10-15 million dollars a day from a corrupt, politically obscure process where everyone seems to be a partner or unaware of it. Risk.

The poetry helps the political class in this deadly silence, as it is divided into beneficial classes by proximity or after the government function, each of which sets a red line for its interests and money which it receives at the end of the month without any work or benefit related to the growth of the economy except contributing to consumption and environmental pollution.

 More than 25% of the people below the poverty line are preoccupied with sectarian strife and insults among themselves.

They are indifferent to the dangerous numbers that may threaten the future of their children. Most of the kidnapped government experts also stand against the economic decision in Iraq against the flotilla.

The reasons are not for the benefit of Iraq at all, and they are invoked for reasons that are poor and outdated, and we are unable to convince them. They defend their position by saying that the central bank defends the citizen and fears him.

Come from abroad, and this is the answer to the specialist and the spoiler market economy, the main reason for the destruction of our industry and agriculture because of the policy of the Central Bank of Iraq biased to the foreign product at the expense of the local product, so hear from time to time amateur conspiracy theory, a majority in Iraq,

 We have passed for the purpose of killing the Iraqi industry and agriculture by flooding the Iraqi market products licensed under the production price in the country of origin

DinarResearcher: The reality is that there is no madman who sells his goods for less than their actual value or one without a certain profit, and one conspires against us and our local products, but the bitter truth is that the central bank donates a large amount of the value of these goods indirectly paid to the foreign product

However, as long as the insistence continues to strongly reject the dinar, and because we have only the ability to make proposals in public, let us clarify the practical alternative to the currency auction, which can be applied without real obstacles
DinarResearcher: The bank sells the dollar for two reasons. The first is to obtain Iraqi dinars to meet the requirements of the government. The second is to maintain the stability of the exchange rate. In both cases, these two objectives can be achieved by selling the dollar directly to the Iraqi citizen rather than to the banks. Real honest. What is the appropriate mechanism for this?

DinarResearcher: What is the appropriate mechanism for this? 12 We print checks with checks on each checkbook (the number of months of the year) and at the rate of one book per family per year. According to the records of the Ministry of Commerce, the family buys the checkbook (the dollar) against the Iraqi dinars

DinarResearcher: Iranian rolling market). Some people may argue that people are simple and do not know this difficult process. In fact, no matter how simple profit is understood, simple people can sell their share to a broker, a bank or a private company, in exchange for a fraction of the profit The parallel market, so Sisokf wins the citizen will not escape the currency

DinarResearcher: What about the real traders who ask for the dollar to import goods? They will buy the dollar from the citizen at a price lower than the previous price to buy it, thus winning the real trader, while the fake trader disappears, and the average citizen wins the difference, and the government gets the Iraqi dinars to walk its financial transactions will not escape the dollar abroad, but will flow dollars from abroad to the inside and this Iraq has long complained about it, since the dollar enters Iraq only from the sale of oil.

DinarResearcher: There are those who try to put the hypothetical questions to thwart any good idea, and that it is difficult to provide an adequate amount of dollars inside Iraq on the pretext that the current transfer process is taking place from accounts that are already outside Iraq.

The answer can also be sold dollars to banks through remittances provided The delivery of the dollar to the central bank by the banks and receiving it abroad is as it is now,

but in return for a commission or a specific tax can be tax value surplus VAT, a tax must be weak faith or a compromise after the cash reserve amounted to less than 40 billion dollars, Of the cash sucking M versus monetary bloc in Iraqi dinars, as well as external debt, which reached fairly scary.

DinarResearcher: The imposition of the tax on remittances abroad is not a new innovation, but is the practice in many countries economically stable such as the UAE, where this tax is imposed to maintain a delicate economic balance, even if the Iraqi Ministry of Finance through the General Authority for taxes on this step, will pay billions of dollars Annually of this tax 100, which is compounded by 19% to fill part of the imbalance caused by the agreement of Satanic fiscal policy followed by the Iraqi government and the monetary policy adopted by the Central Bank of Iraq.

DinarResearcher: LINK

dullenih: @DinarResearcher thanks interesting...currency window and this 8%

DinarResearcher: You R Welcome. Have a Gooden

DinarResearcher: These long articles are difficult to translate here is a better translation but I will have to throw the entire article up at once
DinarResearcher: A while ago, the Central Bank of Iraq started to use the term "currency window" rather than "currency auction", which is true because there is simply no auction until we call it an auction.

It is a window for distribution of shares distributed by the bank to banks that monopolize the purchase of the dollar. , While the Iraqi is prevented from buying from them.

All that they do is to bring in incorrect and certified invoices from the commercial attachés in our embassies in Dubai, Beirut, Amman and elsewhere through a routine operation at embassies without checking their authenticity.

DinarResearcher: The Central Bank has imposed 8% of the value of any bill to silence the few votes objecting to its policy and considered at the time the proportion of the customs tax on goods are retrieved after confirmation of the arrival of goods to Iraq and the payment of customs duties.

The new Iraqi Central Bank raise the cost of this ratio and dispensed with the request for bills because it is difficult to verify the validity, most of them have nothing to do with any goods may reach Iraq in practice through them, the real professional traders of the trade, they buy their dollars from the market and not from the central because they are not Customers of the center who insists on a method that has lost Iraq a large part of its wealth.

DinarResearcher: Despite this great waste of wealth and the decline in reserves, the insistence on the currency auction or the dollar sale window remains the only way, as if it were as much as death and there is no alternative.

DinarResearcher: The Lord is asking and is there an alternative?

DinarResearcher: The alternative or fundamental solution is to float the dinar without hesitation to rid ourselves of the waste of millions of dollars a day, as the Iraqi Central Bank helps to waste hard currency at a rate of $ 10-15 million a day from a corrupt and politically paralyzed process where everyone seems to be a partner or unaware of it. Risk.

The people help the political class in this deadly silence, as it is divided into beneficial classes by proximity or after the government function, each of which sets a red line for its interests and money that it receives at the end of the month without any work or benefit related to the growth of the economy except contributing to consumption and environmental pollution.

 More than 25% of the people below the poverty line are preoccupied with sectarian strife and insults among themselves. They are indifferent to the dangerous numbers that may threaten the future of their children.

Most of the kidnapped government experts also stand against the economic decision in Iraq against the flotation for reasons that are not in the interest of Iraq at all, and they invoke poor and outdated reasons. We may be unable to convince them. They defend their position by saying that the central bank defends the citizen and fears him.

Comes from abroad, and this is the answer to the specialist and the spoiler market economy, the main reason for the destruction of our industry and agriculture because of the policy of the Central Bank of Iraq biased to the foreign product at the expense of the local product, so hear from time to time amateur conspiracy theory, a majority in Iraq,

We have in order to kill the Iraqi industry and agriculture by flooding the Iraqi market cheap products without production price in the country of origin.

DinarResearcher: The truth is that the central bank donates a large part of the value of these goods indirectly paid to the foreign product because of the adoption of unrealistic and exaggerated value.

And if we have only the ability to make proposals in public, let us clarify the practical alternative to the currency auction, which can be applied without real obstacles: the Iraqi Dinar, which makes the imported products cheap compared to the Iraqi counterpart if they were produced,

DinarResearcher: The bank sells the dollar for two reasons. The first is to obtain Iraqi dinars to meet the requirements of the government. The second is to maintain the stability of the exchange rate. In both cases, these two objectives can be achieved by selling the dollar directly to the Iraqi citizen rather than the banks. Real honest goal.

DinarResearcher: What is the appropriate mechanism for this?

DinarResearcher: - We print checks with 12 checks in each checkbook (number of months of the year) and at the rate of one book per family per year according to the records of the Ministry of Commerce.

DinarResearcher: - The family buys the checkbook (dollar) against the Iraqi dinars (see check of one million Iranian riyals in the market).

DinarResearcher: Some people may argue that people are simple and do not know this difficult process. In fact, no matter how simple a person understands profit, however, simple people can sell their share to a broker, a banking company or any ordinary person in exchange for a portion of the profit that the price difference between the central price And between the parallel market, and thus will win the citizen will not escape the currency. 
​DinarResearcher: What about the real traders who ask for the dollar to import goods?

DinarResearcher: - They will buy the dollar from the citizen at a price lower than the previous price to buy it, thus winning the real trader, while the fake trader disappears, the average citizen wins the difference, and the government gets the Iraqi dinars to walk its financial transactions and the dollar will not go abroad, What Iraq has long complained about is that the dollar enters Iraq only from the sale of oil.

DinarResearcher: There are those who try to put the hypothetical questions to thwart any good idea, and that it is difficult to provide an adequate amount of dollars inside Iraq on the pretext that the current conversion process is taking place from accounts that are already outside Iraq.

The answer can also be sold dollars to banks through remittances provided The delivery of the dollar to the Central Bank by the banks and receiving it abroad as is happening now, but in exchange for a commission or a specific tax can be a tax surplus value VAT, a tax must be weak faith or a compromise after the cash reserve amounted to less than 40 billion dollars, Cash cover Mm versus cash bloc in Iraqi dinars, as well as external debt, which reached fairly scary.

DinarResearcher: The imposition of the tax on remittances abroad is not a new innovation, but it is the practice in many economically stable countries such as the UAE, where this tax is imposed to maintain a delicate economic balance, even if the Iraqi Ministry of Finance through the General Authority for taxes on this step, 10 billion dollars a year of this compound tax rate of 19% to fill part of the imbalance caused by the Satanic agreement to the fiscal policy followed by the Iraqi government and the monetary policy adopted by the Central Bank of Iraq.

DinarResearcher:  LINK

 
http://www.iqdcalls.com/chat/

KTFA UPDATE, 5 OCT

Walkingstick:  Economic expert: Iraq can not trade in its local currency

Thursday 5 October 2017

BAGHDAD (Reuters) - Iraq's agreement with other countries to trade through the local currency and abandonment of the dollar will have positive repercussions on the economic situation, the economic expert said on Thursday, pointing out that Iraq can not take such steps at the moment because of weakness Economy and the absence of national industry.

"Iraq's agreement with other countries for commercial exchange through the local currency and abandonment of the dollar will have a positive return on the economy," Smisem said, "noting that" trade in local currency will reduce the inflation rate significantly becauseof the lack of the need to buy Dollar or reduce the proportion of purchase. "
....
The economic expert said that "Iraq can not take such steps at the present time because of the weakness of the economy and the absence of national industry as it is still dependent on foreign imports and a large percentage," noting that "the agreement between Turkey and Iran on trade in local currency came because the economy of the two countries Strong and at the same level will benefit the two countries due to the decline of the Turkish lira as well as for Iran, which was suffering from economic sanctions. "

On Wednesday, Turkish President Recep Tayyip Erdogan announced the use of local currency as an alternative to the dollar in trade between Turkey and Iran. Finished 2

http://aynaliraqnews.com/index.php?aa=news&id22=83545

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

Walkinstick:  Floating the dinar .. or VAT as the weakest faith

2017/10/05

A while ago, the Central Bank of Iraq started to use the term "currency window" rather than "currency auction", which is true because there is simply no auction until we call it an auction.

It is a window for distribution of shares distributed by the bank to banks that monopolize the purchase of the dollar. , While the Iraqi is prevented from buying from them. All that they do is to bring in incorrect and certified invoices from the commercial attachés in our embassies in Dubai, Beirut, Amman and elsewhere through a routine operation at embassies without checking their authenticity.

The Central Bank has imposed 8% of the value of any bill to silence the few votes objecting to its policy and considered at the time the proportion of the customs tax on goods are retrieved after confirmation of the arrival of goods to Iraq and the payment of customs duties.

The new Iraqi Central Bank raise the cost of this proportion and dispensed with the request for bills because it is difficult to verify the validity, most of them have nothing to do with any goods may reach Iraq in practice through them, the real professional traders of the trade, they buy their dollars from the market and not from the central because they are not Customers of the center who insists on a method that has lost Iraq a large part of its wealth.

Despite this great waste of wealth and the decline in reserves, the insistence on the currency auction or the dollar sale window remains the only way, as if it were as much as death and there is no alternative.

The Lord is asking and is there an alternative?

The alternative or fundamental solution is to float the dinar without hesitation to rid ourselves of the waste of millions of dollars a day, as the Iraqi Central Bank helps to waste hard currency at a rate of $ 10-15 million a day from a corrupt and politically paralyzed process where everyone seems to be a partner or unaware of it. Risk. The people help the political class in this deadly silence, as it is divided into beneficial classes by proximity or after the government function, each of which sets a red line for its interests and money that it receives at the end of the month without any work or benefit related to the growth of the economy except contributing to consumption and environmental pollution.

More than 25% of the people below the poverty line are preoccupied with sectarian strife and insults among themselves. They are indifferent to the dangerous numbers that may threaten the future of their children. Most of the kidnapped government experts also stand against the economic decision in Iraq against the flotation for reasons that are not in the interest of Iraq at all, and they invoke poor and outdated reasons. We may be unable to convince them.

They defend their position by saying that the central bank defends the citizen and fears him. Come from abroad, and this is the answer to the specialist and the spoiler market economy, the main reason for the destruction of our industry and agriculture because of the policy of the Central Bank of Iraq biased to the foreign product at the expense of local product, so hear from time to time amateur conspiracy theory, a majority in Iraq, that neighboring countries conspire We aim to kill the Iraqi industry and agriculture by flooding the Iraqi market with cheap products without the price of production in the country of origin.

The truth is that the central bank donates a large part of the value of these goods indirectly paid to the foreign product because of the adoption of unrealistic and exaggerated value. Iraqi dinar , which made imported products cheap compared to Iraqi counterparts if they were produced, however , and as long as the insistence continues strongly to reject the float of the dinar, and we not only have the ability to provide proposals publicly, let us explain the practical alternative to the auction currency , which can be applied without real obstacles:

- Bank Sell ​​ The second is to maintain the stability of the exchange rate. In both cases, these two objectives can be achieved by selling the dollar directly to the Iraqi citizen, not to the banks, and here we turn the bank's default goal (citizen care) into a genuine and sincere goal. .

What is the appropriate mechanism for this? 

- We print checks with 12 checks in each checkbook (number of months of the year) and at the rate of one book per family per year according to the records of the Ministry of Commerce.

- The family buys the checkbook (dollar) against the Iraqi dinars (see check of one million Iranian riyals in the market).

Some people may argue that people are simple and do not know this difficult process. In fact, no matter how simple a person understands profit, however, simple people can sell their share to a broker, a banking company or any ordinary person in exchange for a portion of the profit that the price difference between the central price And between the parallel market, and thus will win the citizen will not escape the currency.
What about the real traders who ask for the dollar to import goods?

- They will buy the dollar from the citizen at a price lower than the previous price to buy it, thus winning the real trader, while the fake trader disappears, the average citizen wins the difference, and the government gets the Iraqi dinars to walk its financial transactions and the dollar will not go abroad, What Iraq has long complained about is that the dollar enters Iraq only from the sale of oil.

There are those who try to put the hypothetical questions to thwart any good idea, and that it is difficult to provide an adequate amount of dollars inside Iraq on the pretext that the current transfer process is taking place from accounts that are already outside Iraq. The answer can also be sold dollars to banks through remittances provided The delivery of the dollar to the Central Bank by the banks and receiving it abroad as is happening now, but in exchange for a commission or a specific tax can be a tax surplus value VAT, a tax must be weak faith or a compromise after the cash reserve amounted to less than 40 billion dollars, Cash covered cover M versus monetary bloc in Iraqi dinars, as well as external debt, which reached fairly scary.

The imposition of the tax on remittances abroad is not a new innovation, but it is the practice in many economically stable countries such as the UAE, where this tax is imposed to maintain a delicate economic balance, even if the Iraqi Ministry of Finance through the General Authority for taxes on this step, 10 billion dollars a year of this compound tax rate of 19% to fill part of the imbalance caused by the Satanic agreement to the fiscal policy followed by the Iraqi government and the monetary policy adopted by the Central Bank of Iraq.

http://almadapaper.net/ar/news.....9%83%D8%A3
****