Nick Fleming RVGCR Intel Update April 6, 2025

via WiserNow]

Iraq needs…to get everything done by the 8th of April…the RV as we call it – would be on or before the eighth of April…I believe they’ve already got everything that we know of accomplished. They’ve got lower denominations already in the ATMs and in the in the shops  and so on and they celebrated…so I think everything’s ready from the perspective that we know of…I’ve heard everything is done. Of course, we’ve heard that a lot…but I believe it is finally done.

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MarkZ

[via PDK]

Here is a big one for you….Article:
‘ASYCUDA representative to Rudaw: Iraq has completed the automation of 18 border crossings”

We were told they would secure their financial borders right before we went. They now have secure borders and I think this is an important piece.

I do have some Wealth management/redemption contacts working tomorrow. I know a couple will be landing in a redemption area on Tuesday and they hope it’s to work and start 4b exchanges. They are trained to help with tier 4b…There is a lot of hopeful movement out there. Let’s see if they actually get to do something. There is a also a very large US delegation will soon be arriving in Iraq. Roughly around Tuesday…

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Clare (KTFA)

Article:
‘With oil prices rapidly declining, a member of the parliamentary finance committee calls for amending the budget schedules.”

Quote:
‘Member of the Parliamentary Finance Committee, Jamal Kocher, stressed the need to reconsider the 2025 budget schedule if oil prices continue to fall below $70 per barrel.”

Article:
‘95 trillion dinars are held outside the banking system. What is their impact on the economy.”

Quote:
‘Prime Minister’s advisor, Mazhar Mohammed Saleh, confirmed on Saturday…95 percent of the country’s 109 trillion dinars are held outside the banking system.”

Article Quote:
‘Mohammed Shia Al-Sudani…All oil-exporting countries have accounts with the US Federal  Reserve, and Iraq does too. We control our accounts there and no one has any control over them. We used to take about $14 billion from the US because our transactions were in cash. After we switched to banking transactions, the number dropped to less than $10 billion. Traders have become accustomed to the new system, unlike before, when their transactions were through exchange offices and customs brokers without having to check taxes or customs.”  

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Frank26 (KTFA)

I’m seeing the price of oil go down dramatically. It’s bad enough when it was in the $70s. I believe it hit $63…You know what that’s going to do to the budget tables. Maybe it’s good. Wouldn’t that put a little fire under the new exchange rate to come out as quickly as possible.

[Iraq boots-on-the-ground report]

FIREFLY: Maliki’s media is going crazy. They’re at it again. They’re putting in the newspapers that the budget is in doubt. They’re saying the oil is at risk. All this gloom and doom for Iraq over the budget. They’re trying their best to misinform the Iraqi  citizens.

FRANK: They just won’t stop. Once you steal for a living it is difficult to stop. It’s like a person that smokes a cigarette, it’s difficult to stop. Why. Because they love it so much.  

MilitiaMan

The Government is calling for an urgent meeting to get the budget law agreement into force and now! The government is setting the circumstances straight for all to see her stance on the matter. Not only is the country needing to know where they stand, but investors, companies and all those involved in the matter need to know and quickly…There is an urgency now like never before with what is at stake in the integration into the global financial system.

We might not see it today but we will find out specifically that the process to complete this should have been done, could have been done, 6 to 8 years ago. That was the plan but they didn’t do it. We know that because they printed currency back then whether they used it or not. They might just burn the money just like they did a lot of money. Or they turned it into pellets. I know it’s going to be a medium of exchange. I know it’s going to be a digital world and they want to go cashless. But all countries have a form of [physical] exchange so they’re probably still going to use some of those new small category notes that we’ve talked about in the past.  But probably not at the level that we thought before.  

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Fnu Lnu

[Response to Guru Mnt Goat 4-3-2025 post below]

UST, sourced…Iraq will be using the dollar just as they always have as the USD is how OPEC nations buy and sell oil.  It is unavoidable. The auctions have not stopped…They will sell USD and use USD to pay for goods and services they get from the United States. That’s what reserve currency accounts are for. This is basic International trade protocol.

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Samson (KTFA)

Article:
‘Al-Nusairi: 2025 indicators of a strong economy, a dinar is recovering and banks are developing”

Source : dinarchronicles

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