Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
"The government today in front of Parliament"
big day..morning vote on committees, and evening vote of confidence for the new GOI.
[8pm Bagdad time]
Maliki is present and tried to delay the session at least 30 minutes...According to Tweets, Speaker Jibouri refused and they are proceeding.
They just did a recount to vote and 289 MPs are present!
Vote for Abadi complete.
He had 179 "yes" votes and now the new PM of Iraq.
Individual minster votes are next.
Maliki, Allawi and Nujayfi are all VP's now.
As some have stated this is a ceremonial position.
THE ACTIVE ACCESSION... FOR WTO...WILL TAKE PLACE AFTER THEY LAUNCH TO THE MARKET ECONOMY -- THEY STATED LAST NIGHT THAT WHAT THEY ARE DOING NOW IS MOVING IRAQ TO A MARKET ECONOMY ACTIVELY.
[Do they need to be members of WTO prior to the RV?]
NO THEY NEED A REALITY RATE PRIOR TO ACCESSION TO THE WTO.
[So Iraq is now article 8 compliant and a wto member?]
NO -- THEY ARE IN ARTICLE 8...AND CAN BE AN ACTIVE MEMBER WITH THE REALITY RATE OF THEIR CURRENCY AND A MOVE TO A MARKET ECONOMY.
[you speak of the reality rate, what is the difference between that rate and the RV RATE?]
THE RATE THEY HAVE NOW WAS IMPOSED ON THEM AS PART OF THE SANCTIONS THAT WERE IMPOSED -- IT DOES NOT REPRESENT THEIR VALUE AS A COUNTRY -- THE REALITY CALCULATION WILL BE DONE WITH THEIR TRUE VALUE AND THE DINAR WILL BE GIVEN THAT PRICE WITH PAIRING TO ALL COUNTRIES.
The names of the lineup the government of Prime Minister-designate Haider Abadi Deputy Prime Ministers: Bahaa al-Araji - National Alliance Saleh al-Mutlaq - National Union of Forces And Hoshyar Zebari - Kurdish blocs For candidates sovereign ministries and services: Foreign Minister - Ibrahim al-Jaafari.
[Did Maliki really get voted in as VP?]
YES HE HAS BEEN VOTED THROUGH . YES IT IS VICE PRESIDENT.
IT WILL HAVE NO BEARING ON US AT ALL.
It Is Official Parliament Voted Confidence In Abadi's Unified Governnmet.
GOI IS SEATED AND OFFICIAL ACCORDING TO THEIR CONSTITUTION ALL IS WELL.
THE STEPS NEEDED WERE FULLY DONE...MORE WILL ALWAYS FOLLOW.
NEXT STEP ACCORDING TO NEWS WILL BE THE 2014 BUDGET AND THE 2015 WILL FOLLOW SHORTLY.
THE 2014 SHOULD ALSO REQUIRE VERY SHORTLY THE RATE CHANGE SO IT CAN BE FUNDED FOR MANY GOI PROJECTS TO BE RESTARTED...MANY INDEPENDENT CONTRACTOR HAVE LEFT BECAUSE THEY WHERE NOT GETTING SUPPLIES TO WORK WITH OR NOT BEING PAID FOR THEIR WORK SO THEY WILL NOW CONTINUE PUSH TO GET BACK ON TRACK FOR PRODUCTION.
I WAS TOLD BY PRIVATE BANKER THAT THEY EXPECT A NEW RATE ON DINAR LATER THIS WEEK.
"What a change for Iraq's Maliki. He is moving from strongman PM to vice president with absolutely no powers."