MilitiaMan: Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq!!
They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate!! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31.
They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet.
We know they modified those latter two on November 30th and published the modification on 12/08/2019 and I found the data in the Charts 12/23-12/24/2019 real close.
So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end.
The CBI stopped reporting as of 09/30/2019 credit transfers in both iqd and usd. A clear pattern change has happened, as they reported them in all months of 2017 and 2018.
Now also note the CBI told all banks in very early November “4-7 “ 2019 that all banks should be prepared for possible contract modifications may be warranted.
Then keep in mind later on as early as 12/01/2019 that through 01/01/2020 the ITB told us they were in fact suspending loans. They then subsequently later in the month of December were to cease cash withdrawals, then later were to cease deposits and wire transfers through 01/05/2020.
We don’t know specifically at what level they are doing business now, as the rate through that time and posted as of 12/31/2019 is 1182.
So with that all that said, they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here.
What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!!
Adding to the patterns, what they show is they report as of end of month what they did up to that specific day. They may take time to report that data after the date of end of month, but, it always reflects the end of month numbers to that specific date.
In the end the evidence from the CBI supports imo, we are going to see them paid Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God!!
That if there is one it is in our favor and the CBI does exactly as they have shown they are doing!! – M
Samson: Deputy: The budget law will arrive in the coming hours in parliament LINK
MilitiaMan: There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt that seem to be going by the way side if not arrested.. That may still come soon too, to many more.. Imo –MM
Samson: Al-Fateh reveals an intention to elect the Prime Minister directly from the people
09:25 – 01/18/2020
The deputy of the Al-Fateh Alliance, Walid Al-Sahlani, revealed, on Saturday, that there is a trend to amend the Iraqi constitution to choose the personality of the Prime Minister with a direct election from the Iraqi people away from the influence of the bloc or party, stressing that his alliance with the general consensus.
Al-Sahlani said in a statement seen by him / the information: “Iraq has suffered greatly from the nature of choosing the prime minister and the largest bloc, and the competition does not end.” He pointed out that “the solution to this problem is to choose a non-dialectical figure – as indicated by the reference – and the educated elites demanding reform.”
Al-Sahlani added, “Choosing the personality of the Prime Minister must come directly from the Iraqi people, and through amending the Iraqi constitution and the committee formed according to the decision of the Council of Representatives, which was given a time limit of four months, so that the first paragraph of the regime in Iraq is modified. Choose the prime minister directly by the Iraqi people, and he in turn chooses a courageous government capable of changing the Iraqi reality, away from the political color and the partisan, regional and personal influence.”
He continued, “There is an idea that is slowly beginning to mature, by amending the Iraqi constitution to choose the personality of the prime minister by direct election from the Iraqi people, away from the influence of the bloc or party,” pointing out that “Al-Fateh allied with the general consensus in choosing the prime minister.” LINK
MilitiaMan: This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo – MM
Samson: Deputy: The President of the Republic will hold intense meetings in the coming hours to resolve the premiership
09:00 – 18/01/2020
On Saturday, a member of the House of Representatives, Muhammad Al-Khaldi, revealed the intention of the President of the Republic, Barham Salih, to hold intense meetings of political blocs to resolve the mandate of the next Prime Minister, indicating that all the names that were proposed were excluded, except for Muhammad Tawfiq Allawi.
Al-Khalidi said in a statement to / information / that “the coming hours will witness intensive meetings of President of the Republic Barham Saleh with the heads of political blocs in order to resolve the issue of the presidency of the next government.”
He added that “all the names that have been put forward to head the government are no longer competitive, with the exception of Muhammad Tawfiq Allawi, who was nominated by a parliamentary bloc of more than 60 deputies, as well as the presence of support by the demonstrators and the lack of political rejection.”
He explained that “the ball is currently in the court of the President of the Republic after not nominating the largest bloc or agreement between the demonstrators and the political blocs to choose a certain figure to head the government.” LINK
MilitiaMan: Sounds like they have now one name… SMH on the timing.. ~ lol ~ MM