Imagine
yourself waking up to some very important news that is just shy of an RV
announcement itself. Well that is exactly what happened to me this morning.
At approximately
12:00 o’clock midnight this morning our own Stryker Blog member ussohiorob
posted that the Council of Ministers held its thirty-fifth regular meeting in
Baghdad on Tuesday, 13 August 2013, headed by Prime Minister Nouri Kamel
al-Maliki and issued the following decisions of the Council:
1.
approval
of the draft law on economic reform, Federal auditor by the State Council, and
submitted it to the Council of representatives, based on the provisions of
articles (61/item first and 80/item 2) of the Constitution.
Iraqi
Constitution
On
Economic Reform:
Article 24:
The State shall guarantee
the reform of the Iraqi economy in accordance with modern economic principles
to insure the full investment of its resources, diversification of its sources,
and the encouragement and development of the private sector.
Article 110
The federal government shall
have exclusive authorities in the following matters:
First: Formulating foreign
policy and diplomatic representation: negotiating, signing, and ratifying international
treaties and agreements: negotiating, signing, and ratifying debt policies and
formulating foreign sovereign economic and trade policy.
Here are two articles that
have been posted already today:
Completion
of draft law economic reform
21/02/2013 07: 54
21/02/2013 07: 54
Cabinet
approves draft law on the federal economic reform
BAGHDAD
/ Badr
08/14/2013
|
1)
It
means that they/we took a big step towards full Currency Reform, Monetary
Reform and what the true meaning will be when it comes to all these articles
that have stated the following:
·
Delete
the 3 zeros
·
Remove
the 2 zeros
·
Lift
the zeros by 3 zeros
·
Increase
the value of the dinar by 3 zeros
·
Raise
the purchasing power by 3 zeros
·
Introduce
new currency by deleting 3 zeros
·
There
are a few more but you should you know what I mean.
2)
Economic
reform includes Monetary Reform and currency
reform as indicated by the
Republic of Iraq’s own Constitution.
3)
It
means a better way of life for the Iraqi people and their investors!
4)
It
means that they are ready to implement all the Arbil agreements thru the
agreements made by Maliki and Barzani in April of this year because economic
reform will not happen without this IMO.
5)
This
should mean they are ready to pass the stalled laws before parliament starts on
the 2014 fiscal budget.
6)
I
personally have been waiting for the Official approval of Maliki and the Council
of Ministers and this is what has taken place.
Folks,
the CBI has always had the right to change the exchange rate in small amounts
and has the authority to make changes to the Iraqi monetary system and has a little
at a time.
They
can also make large changes to the Iraqi system so as long as they can prove it
is for the best of the country but if they are wrong and do it without the blessing
of the GOI that would be the end of them. So they better be right if they do,
that is why they want to be on the same page with the GOI, to cover their
tracks in case it back fires.
I believe
that I have pointed out the Government has the overall say in the most
important changes and that my friends has just be been given by Prime Minister Nouri
Kamel al-Maliki and the CoM.
The
second best news that we could get other than the Revaluation itself.
Second
Pre-RV Stryker Blog
Iraqi
Dinar Get Together
I
want to take this opportunity to announce today that we will be hosting our
second Stryker Blog Iraqi Dinar Get Together Saturday August the 31st
for Stryker Members only. You must get your request to attend in right away as maximum
attendance will be the first 50 to RSVP, first come first in.
Meeting
will be held at Texas Land & Cattle Steak House in Frisco. I am working out
the exact time and menu and cost per-person right now but it should be around
$50.00 per person if not less. Detail will be emailed to each one of you that
have already RSVP’ed from my announcement we did via the Stryker WebTV
broadcast last night.
Agenda
will include what preparation you may need prior to the official CBI revaluation
announcement.
Question
& Answer: question from you and answers from real professionals, either in
person or they will be by Skype.
Vietnam
Dong Forum
I
am also looking for someone that will be willing to manage a forum on the Vietnam
Dong, if you are up to date on the Dong and want to head up your own forum
within the Stryker Blog Forums please contact me.
The
right personal will be given Administrators rights to manage this much needed
forum.
Great
news and a great time for us to get prepared IMO.
Have
a great day and get those RSVP’s in,
Stryker
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