November 26, 2020
Our latest wire was received in Iraq and we bought a few million more shares.
330,609,197 Shares
11 thoughts on “330,609,197 Shares”
Comments are closed.
November 26, 2020
Our latest wire was received in Iraq and we bought a few million more shares.
Comments are closed.
$70,000,000 more million shares and we are at the magic number 🙂
HAPPY THANKSGIVING EVERYONE!
im sorry, what and what is the magic behind that number? Thanks in advance
Michael, $400,000,000 million shares would put us that much closer to half a billion in shares….in the company of the WISE GROUP 🙂 I just sent off for an additional two blocks today 🙂
I don’t know if some of you keep up with the daily Iraq news but I can tell you in a nutshell that over the last three days talk of the White Papers, Delete The Zeroes and the Exchange Rate have been all over the Iraqi media. It is a good sign. We only have about 31 days left in 2020. Bring on the new year.
We are grateful for Andy & George working hard for us. We are truly blessed and grateful for everything you do. Hope you enjoyed the holiday.
Many Blessings to all
Lori
Now here is an EXCITING article telling just how close things are. Will something happen in December or January? I do not know only to say VERY SOON!
Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate
11/28/2020
Economy News – Baghdad:
The Parliamentary Finance Committee issued proposals to address the financial crisis in Iraq, which included reviewing the exchange rate of the dollar against the dinar, establishing a national telecommunications company and imposing a value-added tax.
The reforms presented by Parliamentary Finance included, from three axes, the first entitled Maximizing Revenues and Rationalizing Expenditures and included the immediate activation of compulsory collection of services provided to government, commercial, industrial, agricultural and household institutions, such as electricity, water, sewage, landlines and their deduction from grants and salaries, in addition to reviewing crude oil prices The provider of the refineries, and the unutilized government assets such as real estate and land flow through selling them by public auction, imposing a value-added tax of 12%, and obligating all institutions to send the Ministry of Finance’s share of the total revenues up to date.
It also included stopping the work of embassies and attachés in countries where Iraq does not have any diplomatic, commercial or cultural exchange, negotiating to postpone the dues of oil companies or paying them in kind outside the OPEC quota, and allowing the export of gravel and sand and the investment of mineral resources such as phosphates, sulfur and uranium.
On taxes, it included the formulation of the tax withholding ladder by supporting the low-income segments by raising the minimum tax level, adjusting the tax price of the people concerned to a price close to the price of neighboring countries, and imposing annual taxes on all cars according to their type.
As for the second axis related to reforming the financial and monetary policies, it included the imposition of comprehensive insurance on cars, expatriates, cars, fuel stations, imported materials, companies, crude oil, building permits, residential units, etc. Rationing, medicines, water stations, and the educational and educational process only.
The reform paper also focused on the Ministry of Finance, in coordination with the Central Bank,
to issue an electronic dinar for the purpose of collecting government revenues and deserved tags, reviewing the exchange rate against the dollar,
deleting zeros,
freeing banks from the hands of the Ministry of Finance and forming an independent financial body that includes banks, money transfer companies and insurance companies, and reducing The interest rate on investment projects.
As for the third axis, it includes restructuring public and losing companies, establishing a national telecommunications company, and presenting disabled government factories and factories to the private sector. Click here to download the 12-page reforms launched by Parliament.
https://economy-news.net/content.php?id=22907
The above news I just posted is so exciting that I am sending off money for another block 🙂 And I just told someone about this opportunity and he seems like he might be interested. Hopefully he makes the smart decision to invest 😉
I keep up with the Global news from all aspect, mostly Iraq. Even though this is all very exciting, let me remind you how important it is to be thankful and grateful at this opportunity we have with Andy and George, and how much work they put into these investments for us. Be blessed and grateful every day.
Talk of a new Exchange Rate berths MoF and IMF. Exciting!
Two reasons obstructing the approval of the 2021 budget and a dialogue with the IMF, accompanied by fears of a salary “ deadlock ” – urgent
12/5/2020
Parliament’s financial reporter, Representative Ahmed Al-Saffar, revealed new details regarding a “ new crisis ” that the Iraqi economy is going through, and that concerns the political and technical consensus regarding the budget for next year.
Al-Saffar said, in a televised interview, followed by (Baghdad Today), that “one of the reasons for postponing approval of the budget for 2021 is the changes witnessed by oil prices during these days, and this justifies the delay in approving the draft budget.”
He continued, “We believe that a budget of 70 trillion dinars will be sufficient for Iraq,” noting that “budgets that exceeded 100 trillion have not been spent until now.”
Away from what the parliament is witnessing regarding the upcoming budget, Al-Saffar explained that “there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar,” and this matter.
Regarding the Baghdad-Erbil agreement, he said, “Regarding the recent agreement between Baghdad and Erbil, a delegation from the region will visit Baghdad to discuss the budget handling mechanism,” adding, “We believe that 250,000 barrels per day will be delivered to Baghdad, as well as 50 imports from the ports.”
He stressed the Kurdistan Regional Government’s readiness to “hand over all its imports in exchange for Baghdad to spend money for oil-producing companies.”
On the other hand, a member of Al-Iqtisadiah, Mahmoud Al-Zajrawi, expressed his fear of a third borrowing scenario by the government.
Al-Zagrawi told (Baghdad Today), “The postponement of the cabinet session on the file to decide the fate of the 2021 budget may come due to a thorough reading of the financial situation, scrutinizing its items and looking into developing possible solutions.”
Al-Zagrawi added, “If the postponement is repeated again, this will be the beginning of doubts that it is a government attempt to impose borrowing in the 2021 budget law,” and continued, “This is an option that we will reject and will push us to demand its dismissal because the implications of borrowing are very bad for the Iraqi economy.”
He expressed his hope that “the government will complete the budget file and expedite sending it to the House of Representatives for study and approval before the deadline for paying salaries next January to avoid major problems.”
Al-Zajraoui indicated that “if the government really has determination on the third borrowing file, we will consider the impact in settling the budget as a pressure card on the street through the gate of delaying the payment of salaries in order to approve it,” noting that “what we are presenting now is just doubts, hoping that the budget will be taken Its course is in the discount without the borrowing file. ”
An informed political source revealed the reason for the postponement of the cabinet session to be held today, Saturday, to discuss the draft general budget law for the fiscal year 2021.
The source stated in an interview with (Baghdad Today), that “the cabinet session was postponed until next Tuesday, due to lack of agreement on a price My guess is for a barrel of oil in the bill. ”
He added, “Among other reasons, the deficit rate was not specified in the draft budget, and there was no agreement on the value of the loans in it.”
On Monday (November 30, 2020), Prime Minister Mustafa Al-Kazemi directed to send the 2021 budget to the General Secretariat of the Council of Ministers immediately for the purpose of checking it.
The spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, said in a press statement, “Al-Kazemi directed the Ministries of Finance and Planning to send the 2021 budget immediately to the Cabinet Secretariat.”
He added, “The prime minister directed the ministries of finance and planning to send the budget for the purpose of scrutiny by the legal department in order to allocate an extraordinary session for discussion and refer it to the House of Representatives for approval as soon as possible.”
Majeed pointed out that “the government and parliament are unanimous in the need to expedite the approval of the 2021 budget.
Cabinet spokesman Hassan Nazim announced that a special session would be held for the purpose of discussing the draft federal budget law for the next year.
https://baghdadtoday.news/ar/news/139178/A
I see so much dispair in this county and the world that bring me to tears. I have invested in just a few blocks because that is all I can afford with Woolard. Everyday I do pray, not for me but mankind. I pray that change will happen, so I can help people who are being put out of their home because they have lost their jobs. Help put food on the table for for families. I will only take a very small portion of what I get, the rest will be given to those in need.
After what this “plandemic” has done to some yes many will need help from those of us who become wealthy off this . You have a kinda heart Brenda.
So very thankful for y’all. I know it’s difficult to keep up with. But soon we all will be sitting back enjoying our investment accomplishments. God Bless each and every one of y’all. And Let’s roll Iraq.