Thursday, August 10, 2017


8.10.17 Good afternoon , a UN announcement is expected informing the world that now Iraq is officially a sovereign country with no ties to sanctions whatsoever. Na'maste Bluwolf

RECAP:SkiRacer: LESSON 3: Your Appointment Updated , 10 AUGUST

SkiRacer:  LESSON 3:  Your Appointment  Updated 

Making the Appointment

Once we get the  800 numbers from Tony (Or EMails ) it will mean the RV has finally happened.  If you want anything but the international rates for either dinar or dong you must call the 800 number to make your appointment.

Info to have on hand for the call:

    •    your name,
    •    your zip code (i.e., zip code where you want to CE),
    •    an email address, (see below)
    •    the number of dinars AND dongs, AND ZIMs, etc you want to exchange,
    •    and the bank you want to use (Chase,  Wells, TCB, USBank, etc.).
Dial *67 before calling the 800 number to block your telephone number from the call center.


    •    Each and every adult exchanging dinars will need their own private appointment, although married couples may possibly go together. You are permitted to bring an advisor with you. You may not bring someone along who intends to exchange their dinar at your appointment and pretend they are your advisor. If you have an LLC into which you are exchanging, that is a new and separate name and requires its own appointment as I understand it.

    •    The zip code you provide is the zip where you wish to exchange. If you are on vacation you likely will not use the zip code of your residence, but where you happen to be on vacation, or the zip code in a neighboring town where you'd rather have your personal business known instead of at  home. Whatever your reason, provide the zip of where you want to exchange.

    •    Your email address should be one that you will delete immediately after the exchange.  The bank will want to keep in touch with you and be paid to sell your information to whomever is willing to pay.  So protect yourself now.

    •    You need to give the number of dinars AND dongs, etc you have to exchange. We may get other instructions with the package that you need separate appointments for different currencies, but have the info tidy and available to "go with the flow" on the call if needed. If you and a spouse or child are splitting the dinars give the number you want to exchange at THIS appointment.

There was some concern about only one appointment ever, but I think the UST has relented on that, but the full package will explain that definitively I am hoping.  TO be safe you should probably report the maximum you might exchange so you are given to the proper level bank. (Not every branch has the same  limits). We know nothing about CE Centers or if they even exist!

    •    There are caps to get contract rates: 50M dinars, 50M dongs, $500M US $ in exchanged ZIMs.  I am unaware of caps at the international or market rates.  Contract rates are still available and available to more people than Tony ever thought possible!

    •    BE prepared to provide a phone number if asked, but I advise you to give a
throw-away phone number to protect your privacy.

    •    Write down the appointment time, place, address, date. Verify it back to the agent. Then put it in your cell phone calendar, post on your fridge, put up signs so you do not miss it!


    •    2 picture IDS, one being a passport or other proof of citizenship should you be asked. A birth certificate could also work. YOu still need 2 picture IDs.

    •    Your bundles of dinar and dong, etc.  I suggest you bundle them by type of currency, where obtained (bring your Certificates of Authenticity if you acquired them from a dealer such as Sterling, a receipt if from a bank or FOREX, etc.)  You do not need your gift letter; that is for the IRS to substantiate the date upon which you acquired the currency. I advise you to label each bundle, the amount of currency within, and ID each bundle.

 I used an Excel spreadsheet showing the "packet ID" (my made up ID to reference my spreadsheet line), proper number of currency type (e.g., 1 25000 dinar note or "50,000d #5-10,000 dinar notes"),  when acquired, from where, what bank it is going to and the account number into which it goes, and what that account is for in the future (i.e., taxes, paying off bills, conservative investment, Mother Lode, charitable trust, etc.).

    •    Blue pen so your signature on paperwork is identifiable as original
    •    a calculator
    •    Paper
    •    Reading glasses if you use them
    •    The amount of cash you want to walk out of the bank with. I advise against $9,999

because it is not likely the bank will be able to have so much hard cash on hand, even if they are anticipating a huge demand. Be more realistic. Maybe $1000 will do?

    •    IF you plan to CE into a business entity, gather the documents showing the legal name, tax ID, letters of incorporation.  (I suggest opening the accounts prior to the appointment.)

Put all this into some kind of envelope or carrier. I used a Fed Ex envelope because I had one handy.  Some of you may need a briefcase!  God bless you!

I advise against getting cashier's checks at the time of your Currency Exchange.  Just complete the CE and get all your receipts organized.  Getting cashier's checks is a usual trip to the bank.

TO DO before Your Appointment but after making it

    •    Drive to the appointment site to check routes, timing, parking, etc.

    •    Get online and find out what the rates are internationally on FOREX, Oanda.com, CBI, etc. so you are prepared.

    •    Call your chosen bank and ask their Foreign Exchange department what the contract rates are for US and China for dinar and China for dong, etc, both high and low.   Then ask these questions:

    ◦    Ask the bank if there will be a bank contract to sign and if you can see it ahead of time to study it.

    ◦    Ask what the fee will be.

    ◦    Ask what the rates you will be offered will be.  Know what to expect and press the bank for the highest one you have heard about in the package info.  Get their name and note the date and time you obtained the info.

Make some decisions:

    •    Will you take an advisor with you?  (You shouldn't really need one.)

    •    Will you take a higher rate in exchange for your leaving a percentage of your money with the bank for 6 months, 1 yr, or 2 yrs?  The rates may go up by $1 per dinar for each of those time thresholds and the percentage amounts may change as well.  KNOW what you'll do and what is acceptable to you.

    •    At what level of $ per dinar will the NDA be worth it to you to take the contract rate?

    •    Do you need any "Proof of Funds" letters? If so in what denominations and how many?

    •    Remember you can move money to an account with checks and just pay things off via check.    I HIGHLY recommend that you have one account that you call the Mother Lode account where most of your funds are kept; this account will have NO internet access, limited teller access, no checks, etc.  Then you move funds to other accounts that do  have printed checks and from here you pay off mortgages, student loans, etc from this secondary account.  You can track all movements of funds from the Mother Lode to where and for what purpose historically.

    •    Do you want to add "all rights reserved without prejudice" above your signature? Research that now and decide.

    •    Know if you will allow your currency to leave your sight and under what circumstances. Do you need a signed receipt by teller and manager or is teller sufficient?  Will the receipt  indicate how many dinars and dongs?

    •    Try to think about all the things that might come up.


    •    I am worried about all the forms they want me to sign and they normally do it all electronically now. They shove the screen in front of you and say, "Sign here. It just says you are who you say you are." I do not believe a word of it! I ask for a printout of what I am to sign, I read every word, THEN I  have them initial each and every page and to certify in writing that my printout is indeed what I am signing electronically.  Only THEN do I sign the paperwork and then I instruct them to copy it for themselves and for me, duly signed by both sides.


    •    Rehearse what you will say during your CE. Do it in front of a mirror to practice looking professional and "worthy." 

    •    Practice asking for the contract rate, asking to see their screens, asking for a printout of this screen as a kind of guarantee of a rate; do not be taken in by the bewilderment of your teller, nor let them run off for several minutes; ask for them to printout the screen, give it to you, THEN run off if necessary.

    •    KNOW what you will do if they tell you they are sending your currency away for a week and KNOW what your response will be.

    •    KNOW what you will do if they say their rate is $X and you expected twice that ($2X).


    •    Plan what you will wear to the appointment and make sure it is at the ready (cleaned, pressed, etc.) down to the color of socks and jewelry.

    •    Make an appointment with your CPA, tax attorney, and wealth manager.

    •    Practice your words and calmness. Behave with dignity but be firm.  This is not the time for humor or  jokes, but it IS the time for premeditated action.

    •    Make up a story for how you came to have money to tell "the world." It can be anything but the truth! "I had a long term investment that finally came through" is simple enough.

    •    Put that bottle of champagne into the fridge

    •    Give yourself plenty of time to get ready.

    •    Take your prepared envelope or briefcase with packets, account numbers, pen, calculator, IDs, glasses,

    •    Show up well ahead of the appointed hour to accommodate traffic, parking, moments to gather yourself, say a little prayer, etc.

    •    Practice being gracious and look like you know how to have money.

    •    BE specific:

    ◦    "I am here to do a currency exchange for my Iraqi dinars and Vietnamese Dongs"
    ◦    "Would you be kind enough to give me the IQD rate and then the IQN rate so I know which one I want.  Similarly with the VND and VNN."   Write this info down on the paper you brought.

    ◦    Verify the rate at which you will be transacting.  Ask to see the screen to see if there are higher rates available and ask for one if you see it!

    ◦    Summarize what you plan to do:  "Please give me all of the account balance in cash (or cashier's check) and a receipt showing a $0 balance for these accounts." (present the list of accounts)  Use multiple accounts so you do not mix asset-backed funds with non-asset-backed funds in case this becomes important, i.e. Dinars go into a different account from dongs, etc. There is info that only the dinar currency needs to be isolated.

    ◦    "Then we will do the CE. Then I want a receipt after the CE showing the new balance in each of my accounts please."

    ◦    "I have a list of accounts here where I will be depositing these funds. How do you wish to proceed?"

    •    Be clear and concise.

    •    Take your time. Do NOT let them rush you through one of the most important business meetings you will ever have. Be patient, calm, controlled, and firm.

    •    Read absolutely everything in its entirety before signing it.

    •    You will likely be given an NDA if you are taking the contract rate. Ask for a copy and stand there and read it carefully. Ask questions if  necessary. Get them to sign & date the copy you will keep. Then and only then should you sign the NDA. God willing we will see a copy ahead of time after the package is released.

    •    Ask for a copy of everything else you have signed at the exchange.

    •    Don't forget your copy of every receipt of each transaction that has occurred.

Then go home and open that champagne and welcome to your life of silence! Say a prayer of thanksgiving, for guidance, and for Tony and DC & their gang.


Exchange Checklist - (Author Unknown).

You may want to modify, edit or make a copy to fit your own individual needs

Exchange Checklist

Bank appointment for Currency EXCHANGE Instructions/Checklist

Bank Name_________________________________________

Bank 800#__________________________________________

“I am calling to schedule a foreign currency exchange”

My name is ___________________________________________

My zip code is __________________

My e-mail address is (If they ask for it) ________________________________

I have ________________________ IQN (Iraqi) currency

I have ________________________ VNN (Vietnamese) currency

I have ________________________1000 notes from 2000 of IDN (Indonesian) currency

I have _________100 Trillion, ________ 50 Trillion, _______ 20 Trillion and _______ 10 Trillion 2008 AA notes of ZWN (Zimbabwe) currency

I have _________ of ___________ (other foreign currency)

FILL IN THE BLANKS for EXCHANGE appointment information that you get from call the
center representative:

Your appointment Information:

Date _________________________

TIME _________________________

The Location _____________________________________________________

The Day of Your Appointment Things To Do

1. Make sure you know where you are going. Arrive early so you can “get yourself together, take a deep breath”. Do not loiter. If you are too early, stay SECURELY in the general area but not in the bank parking lot!

2. Remember to get in and get the EXCHANGE done, there a lot of other people behind you in line so be thoughtful of their time as well. You will have time for questions at your second appointment with your new Private Banker/Wealth Manager.

3. Be discrete, be professional, and be alert and aware of your surroundings. BREATHE! Seriously consider hiring security to accompany you to your appointment or bring a trusted friend.

4. Collect business cards from everyone or take their name and phone numbers as well as the location of their regular branch office.

5. Read and Sign the NDA. ( if there is one) If it is simple and states you cannot tell anyone except your spouse, lawyer, or CPA (These are the people that need to know how you came about your money for tax purposes) how you came about all of your new found wealth, sign it and move forward with your exchange. Be prepared to uphold it! If you break the terms, you could lose your new found wealth. If the NDA is more complex and you are not comfortable with it, simply let them know you would like to explore your options with another banking institution. They may or may not waive the NDA. REMEMBER TO GET A COPY OF THE NDA IF YOU SIGNED IT.

The Day of Your Appointment Things NOT To Do

Do not demand anything while at the bank or act like a lunatic, you will be escorted out.

Remember the Golden Rule “Treat others the way you wish to be Treated”!!!

Items Suggestions to Bring to the EXCHANGE Appointment

(Check off the list as you put all items needed together to make sure you remember everything)

Driver’s License

Second form of ID (a credit card or passport)

Your most recent utility bill (Water, power, etc.) to confirm residency in case you have never held an account with the bank you will be exchanging with or for another form of ID

Power of Attorney Paperwork (If you are exchanging for someone else)

A pad, pen to take notes, calculator

Receipts for all currency purchased or gifting letter if they were a gift in case they are needed (Do not offer them, only do so if they are requested)

IQN / VNN / IDN/ ZWN currency

Have your TOD designees (Transferable on Death) full legal names, phone numbers, addresses and Social Security Numbers written down that you want listed on your accounts. You can have multiple TOD designations per account (Wife/Husband, Children, Grandchildren, Nieces/Nephews, etc.)

Have a list of Cashier’s Checks you will need, if any, along with the exact amounts and who they need to be Payable to

Decide in advance if you will be requesting cash for “Pocket Money” before hand and how much.

DO NOT get more than $9,500 unless you would like Uncle Sam to visit you. Also remember the more you take with you, the bigger the target you are for thieves! BE SMART!!! Do you have a safe to store cash in????

Know the ceiling rate!!! Make sure you do not get hit with a Spread Fee! If you do not like the spread fee they are charging simply let them know (In a Professional manner) you will go to another bank.


Name of Bank Exchanger ____________________________________________

Bank ____________________________________________

Branch ___________________________________________

IQN Checking Account Number__________________________________________

IQN Checking Routing Number __________________________________________

IQN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

Add TOD (Transferable on Death) Names to Accounts (Checking and Savings) Make sure you receive copies of the deposit slips and all account information

Get Clean and Clear Certificates – at least 10 or more (Documentation that your money is not tied to anything illegal)

Get starter checks if needed until your checks arrive Get ATM card if you want one Set up Online Banking if wanted Inquire about Extra Insurance for your funds

VNN Checking Account Number__________________________________________

VNN Checking Routing Number __________________________________________

VNN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

IDN Checking Account Number__________________________________________

IDN Checking Routing Number __________________________________________

IDN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________

ZWN Checking Account Number__________________________________________

ZWN Checking Routing Number __________________________________________

ZWN Savings Account Number (Deposit 50% of your Exchange for Taxes just in case and do not touch until Tax Time) _________________________________________


Set second appointment with a Private Banker or Wealth Manager (The bank will guide as to who you need to speak with based on your EXCHANGE/ deposit amount

This appointment will be the one in which you discuss all of your options for investment and
your “perks”

Private Banker Name__________________________

Telephone Number____________________________

Appointment time ______________

Location _____________________________





"Dinner" - GCR/RV Intel SITREP - Thursday - August 10, 2017

If you're from a big family, you know what it means to be made to wait for a tardy brother or sister before eating dinner.

Momma says nobody eats till everyone is present, seated and well behaved. And since she is the one who cooked the meal, she calls the feeding frenzy start time.

The Elders are doing the same thing to the world as it appears they won't start the RV until little brother North Korea is safely seated at the dinner table.

Ironically, their penalizing China for long standing in-action on this matter and using the US military (who controls Trump) to force their own PROC to finally deal with the North Korean humanitarian crisis and reach a permanent, globally acceptable solution.

No different than how the Elders forced Israel / US through economic isolation (apocalypse) to finally return Palestinian land (pre 1967 boarders) and ultimate acknowledge their right to sovereign statehood.

All or none must be served with regards to the RV before the Elders with authorize the global release.

HSBC tells us the RV has been financially tee'd up for several months now. Just waiting to be set free like the rest of us.

Reason being is that the on-going North Korea drama/situation is a lot like the one found in Palestine, in that both nations at their core are suffering from on going humanitarian crises and have been for several decades.

The Elders at their core are global humanitarians, who will not allow mass suffering to continue anywhere in the world. Regardless of what is at stake economically. 

Hey, it is their collateral hard assets underpinning the entire new financial system, so it is their call on when the start time of the RV commences. 

Snap! Simple as that! 

26 million people currently live in below than acceptable human rights and abject poverty conditions in North Korea as dictated by their own government (formerly run by the Dark Nobility of Eastern Europe).


In a similar sad story. 4.5 million people live in horrifying conditions in all of the Palestinian Territories as dictated by the government of Israel (still run by the Dark Nobility of Eastern Europe).


And all humanitarian geopolitical issues must be resolved before any in this world can move forward, as the Elders are benevolently refusing to unleash their immanent tidal wave of mercy without UN level consensus voting and long term sovereign management solutions and responsibilities assigned.

You go Great Grandmother! Whip those superpowers into shape!!!!!!

The Elders see no color, and are equally forcing their own race into address long standing "contain and control" policies in respect to historic tensions and conflicts across South East Asia and the Korean Peninsula.

For just as the United States could no longer ignore Palestine injustices or kick the USD financial can down the road any longer, neither could China as it related to North Korea, Vietnam and the Philippines.

Balance once again is the true scale of justice. 

And those two mondo-superpowers are being made to check their egos at the door or literally continue starving out humanity financially by creating needless global humanitarian crises to continue -- arrogantly due to their own long unchecked pride.

What incredible times in which we live, eh?

Remember the GCR is about the ascension of all humanity, and the Elders along with Obama and White Knight generals in the Pentagon are forcing both the restored Republic and existing PROC governments to fully accept their own sovereign roles in all the worlds conflicts as peace keepers, taking full public responsibility for every crises that their sovereign nation helped facilitate.

So just as the US had to take ownership of restoring Palestine by turning their backs in Israel at the UN last year:


The same public acceptance had to be shown last week at the UN Security Council, where China (and Russia) both voted in favor of economic sanctions against North Korea for the first time ever!


This mattered so much towards us getting our RV, I cannot overstate the significance of both unanimous UN resolution votes enough.

It's all happening people, world peace and global prosperity... in real time... in your lifetime... just at God's pace. Sobeit.

Keep the faith. It's all real and rushing toward us like hungry children running to the dinner table so we can finally eat as one human family.

God is with us


KTFA Wednesday Night Conference Call 8-9-17

The first part is Business Promo and the second part is Dinar/Iraq Intel

PLAYBACK # : 641.715.3639 PIN: 156996#



KJ:  Iran - "Come & Let Us Reason Together" Conference call with Mr. KJ, Ms. JW & Friends.
(641) 715-3640 OR 715-3805  PIN#164298
BACK DOOR # 716-293-9620


Trusts Unlimited LLC
Live Calls on Tuesdays & Thursdays at 3pm EST
(641)715-3640 Pin 739394#
Twice Weekly - Trusts Unlimited will present their Turn-Key Pre and Post RV Services - Privacy and Asset Protection Trusts - RV News - Exchange Options - Post RV Tax Reduction and Investment Strategies
Contacts for Trusts Unlimited
Phone: (307)274-4122 / email: trustsunlimitedllc@gmail.com / website: TrustsUnlimitedLLC.com

Trusts Unlimited Replay # (641)715-3639 Pin 739394#


Well seems like there have been a good number of prayers sent up by BigFeet this morning so perhaps my session might just be overdoing it for this morning. Thank you BF Prayers and praises are always welcomed this time of the morning so I reckon I will just cut back on mine for a bit. No offense taken, so please no PM’s of encouragement. I’m OK with this.

Lots of news and nothing new worth regurgitating at this time. So it looks like we will continue to go on with the any minute projections for now. Today, being Wednesday I expect the same push will come to drive us toward the weekend and possibly suffer through another when all the Intel providers take the weekend of leaving us to grasp at straws of speculation and encouragement.

Most Gracious and Heavenly Father, I come again with praise and prayers for taking us through yet another day of disappointment. At times I feel the Devil pulling strongly on my shirt tails in an attempt to drag me in to that realm of despair once again where so many lost souls gather. I am grateful for the way you tug on my arm and pull me back into reality and safety.

Dear Lord God Almighty give us peace and encouragement to help us make it through this day. Every day we hear from members sinking deeper and deeper into despair and denial. Touch their hearts Lord take away what burdens the evil one has placed on their shoulders. Amen and Amen

Rest easy my friends the road to eternity gets rough from time to time but keep this thought in your minds if you can: If it were not for the deep, deep valleys surrounding us at times, how on earth could we ever really the wondrous view from the top of the mountains. Our Great destiny awaits us.




A question. At the risk of really sounding stupid; what could RR mean, at the end of his tweet, by "Mike, Mike"?



DP thank YOU. I hate being totally out of it. Tho my kids would tell you, there's no hope and that I am totally "out of it" LOL

Janni here is a video explaining Mike Mike~ https://www.youtube.com/watch?v=u-E5KIIzbGs

Some currency dealer is contacting prior clients to let them know they will be exchanging in the future or something like that.







I just got an email saying I requested a password reset for here... but I didn't. Should I be worried?


I just got the same email nature

Hmmm.... A bit odd if you ask me. I hope my password doesn't get reset to where I can't get back in! If that happens, does anyone have the email to send to?

Not me



Dp, thanks. Yeah, I know but it is a bit bothersome that it was generated. If a bunch of people got it though then it must just be a glitch.


I did not get one


Dp - someone requested a password change for my account and it was not me!


I received the same email. Instantly deleted it.....


Me too. Fake news. Gone - Pfftt.




Never a dull moment



What topics get discussed in a non-currency cc?




Thanks, dp. Absolutely no interest.

Make sure you are logging in as https://www.wsomn

Make sure you are logging in as https://www.wsomn.activeboard.com. I am switching to that format.


I haven't gotten no emil saying that I requested to change my password. Just fyi


Hi everyone ! I got one too it's says if u didn't request then ignore so Iam ignoring ...


Staff’s advice
17. Maintain the peg with the U.S. dollar.
Accommodating external shocks through more exchange rate flexibility is not advisable. While devaluation could aid fiscal adjustment—provided the government could resist subsequent pressures to raise wages and other budget allocations in dinar terms—it would risk exacerbating social tensions as it would trigger a spike in inflation since most food and consumer items are imported.

Moreover, devaluation would have little impact on exports, which are almost exclusively oil and oil-related products. Therefore, fiscal consolidation is the most appropriate tool to manage external pressure.


18. Simplify procedures to allocate foreign exchange. While, over the past years, authorities have introduced more documentation requirements for access to the CBI foreign exchange window mentioning concerns about anti-money laundering and countering the financing of terrorism (AML/CFT), these measures have generated sizable parallel market premium that has fueled speculative activity among banks and money exchange operators (¶9). Simplifying these procedures, while properly implementing the AML/CFT standards, and gradually eliminating the remaining exchange restriction to move towards ... acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement would help reduce the spread between the official and parallel market exchange rates.

Real time folks. Dircect from the IMF. Have to leave, have a wonderful day Smile


Was bruce off his rocker with intel last night. I enjoy his intel



Seems I missed Firefly - too bad - would have liked to say, " hello".


Sunny,,,,, I need to go.... I'll stay in touch ... after I see the doctor friday ok.. Thanks everyone for the prayers... can't wait to get rid of this headache and vomiting... Hugs to all


I'm loving all of this. Very exciting. Nothing like prior years!


Cam are 100% confident the rv will happen. 006 wrote
7m ago
I'm still not at that level

Yes I am. I have a trusted contact! All you really need to know is that it's happened before, which it did for Kuwait, and that should give you peace.

All you really need to know is that it's happened before, which it did for Kuwait, and that should give you peace.

Adon my feeling is Sept. they will drag it out till the end IMO. Close to Oct 1. So you don't have long. Woo hoo!!!


I'm thinking the same lady


Well I hope you guys are wrong all due respect


I have a couple contacts that feel the same. It's not long now.

006, I'm looking everyday. 1, I'm not going to fall for any date that intel providers put out as it will never be right. Everyone is looking at the 21st. Imo, it would happen before if they wanted to sneak it in.

It is at moments like these that I really miss Blondie this would have started a bunch of innuendos

Gonna back on out now and give ole Blondie a call, hope she has a full lemonaide cuz I am gonna have a full drink, see everyone tomorrow God Bless your night

If anyone is left from my last transmission Blondie sends her best and wishes everyone a softball lemonaide on her

NEWS:The Tigris-Euphrates «» and revitalizing the economy, 10 AUGUST

Mohamed abdelzahra Al-Hindawi

In the wake of the financial crisis that hit Iraq in the year 2014 and accompanied by a security crisis, fear and anxiety of possible dangerous repercussions of the crisis had reached its extent, and there were expectations of local and international experts that Iraq would collapse economically in the first half of the year 2015 at best to the end of that year, such fears have been issued by Government Ministers! When they said that the Government would be unable to pay the salaries of its employees for lack of funds to ensure that the salaries of nearly 38 trillion dinars; there is no doubt that such attitudes and statements cast a negative reality in all its details, and staff fear haunted of salary may stop.

Certainly, the fears of this kind would be justified in a country that does not have any financial resources only oil, and with the continuing collapse in price, I had to search for solutions and contribute to the transformation of the Defense's case and try to get out of the crisis with minimal losses to event planning or at least near, and that's what happened, the zelkalshroa a number of processors to improve the reality of those development solutions review investment projects and finding financial resources Oil and other actions that prompted a number of international organizations and friendly States to express its readiness to support Iraq through soft loans.

But despite these loans and facilitated their modesty but ultimately constitute a burden on the economy and, therefore, they need to run an efficient administration to achieve desired economic and social viability, especially after the considerable economic success in the current August 2 of Iraq's entry into global financial markets after the release of the sovereign authority of the second international outer (Euphrates) lasts more than five years, and the sudden more than 350 global investment companies vied with each other to buy the bond Iraq, these companies represent total global financial figure up to 12 trillion dollars, with the volume of orders to about 6 trillions of dollars to prop (Euphrates) secured Iraqi by the Iraqi Government and not by any other international side as in the first bond (Tigris) which included a United States Government.

And when we talk about investment turnout by prestigious companies to buy bonds, meaning that whatever funding outlet plaster Iraq contribute to chronic deficit financing of the budget, as well as

About moving the wheel of economic activity,

And this will be done by another Economist wechgaia assurance for businessmen and investors to force entry into Iraq and participate in the reconstruction of the liberated areas, thus dispelling all fears that were in involved in economic affairs.

But more important is that this Administration is the level of importance, because the ceremony was not easy at all, but is the product of great and painstaking efforts made by national team members who were holding high national spirit, as well as being a distinguished expert witness them economic arenas at the national and international levels, so that should be preserved and properly directing that serve the country's development.


Adam Montana is Curious" 8/10/17

I am curious about all of the billions of dinar that has been stolen from Iraq by ISIS and of course the big Maliki? Will this have an effect on the possible RV in the future or do you feel that the money has already been spent and back in the hands of the CBI?]

  From what I'm told, and making a fairly educated guess, at least half of that "cash" is not a consideration - lost, burned, or buried. The other half is mostly accounted for and is going to be factored into the RV amount.


8-10-2017   Newshound Guru Kaperoni   "The government will gradually remove remaining exchange restrictions and a multiple currency practice (MCP) with a view to eliminating exchange rate distortions. Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investor community that Iraq is committed to maintain an exchange system that is free of MCPs and restrictions for current international transactions and thus facilitate creation of a favorable business climate..."  Article VIII is not that far away.  If the CBI can get past these two restrictions they can move to Article VIII.  Doing so is exactly what we want to see.  The one thing I keep reading throughout the Article IV Consultation is how Iraq has missed numerous target dates.  On a positive, as of late, they seem to be catching up or meeting some of the conditions.  Looks like by June 2018 they want the CBI to be fully compliant with international standards and reporting accordingly.  That is less than a year for the banking system to be fully compliant and hopefully integrated with the worlds banking system.   [post 3 of 3]

8-10-2017   Newshound Guru Kaperoni
   "Steps to strengthen the legal framework of the CBI, remove one remaining exchange restriction and implement AML/CFT measures need to be accelerated. Iraq currently maintains one exchange restriction and one multiple currency practice (see Informational Annex) for which staff is not recommending approval. Removal of these, and implementation of AML/CFT measures, will help to improve the integration of the domestic financial system into the global economy."  This paragraph is telling.  It says very clearly... "staff is not recommending approval."  In other words, they have to meet compliance on these.  The good news is these are achievable.   And meeting them they would then be in Article VIII compliance.  Just get it done Iraq!  ...the IMF has been frustrated with Iraq keeping on target and doing what was agreed.  But the good news is that they have reviewed that with them and come to terms to continue such efforts which include..."implementing structural reforms to promote private sector activity."   [post 2 of 3....stay tuned]

8-10-2017   Newshound Guru Kaperoni   "Iraq : 2017 Article IV Consultation and Second Review under the Three-Year Stand-by Arrangement..."   Quote: "The simplification of documentation requirements implemented by the Central Bank of Iraq led to a decline in the parallel market spread to 6 percent in June 2017."  So we have confirmation from the IMF that the CBI spread (official rate to market rate is at 6%)...well out of compliance of the required 2% in order to move to Article VIII.   The CBI has to find a way to get the market rate down to 1207 or so.  Currently it is 1260.  ...the IMF states that Ali al-Allaq and his team have lowered the spread from 11%  in December to about 6% currently.  Still out of compliance for acceptance into Article VIII, but progress.  ...the CBI believes that three of the SB's (i believe that means Structural Benchmarks) can be met very soon. The key one's seems to be the law in parliament to modify the CBI law and freeing up one of the CBI's current financial restrictions  which they believe is the reason for the current 6% spread. If so, this is more good  news.  Clearly they are working to reduce the spread and get in compliance as soon as possible.   [post 1 of 3....stay tuned]

8-10-2017   Newshound Guru Adam Montana   [ I am curious about all of the billions of dinar that has been stolen from Iraq by ISIS and of course the big Maliki? Will this have an effect on the possible RV in the future or do you feel that the money has already been spent and back in the hands of the CBI?]  From what I'm told, and making a fairly educated guess, at least half of that "cash" is not a consideration - lost, burned, or buried. The other half is mostly accounted for and is going to be factored into the RV amount.