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Friday, August 21, 2015

Mnt Goat Friday Update Post - "Week Ending Update 8/21" - Part 1 of 2

(Thank you George for emailing this to Dinar Recaps.)

UU6731 – “Week Ending Update 8/21” by Mnt Goat

Hello Everyone,

Many intel gurus have said the news from Iraq was scarce this week. Really? You have to be kidding me !

The news has never greater as these reforms progress. Maybe some should consider getting new sources and change their “secret” contacts for their source of information? ….lol…..

Today’s News

Today is Friday August 21st and still we have no news of an RV.     

So the news of this week is the coming of the second set of reforms as Abadi promised. Like I have been saying now for many, many months – watch for the completion of these reforms and you will see the light at the end of this RV tunnel.

So what are these recent reforms?
First let me present to you a summary sent out by the Abadi press office yesterday  to the general public of Iraq. It is a summary of the last round of reforms. It is so obvious they are trying to find ways to save money and meet their 2015 budget and also clean up the corruption. Abadi has announced he wanted to complete this first set before rolling out the second set of reforms. Originally he said we would see the announcement this week. They intentionally scheduled the progression of these reforms because many of them are needed to move forward to the next step.

Article Follows:

Abadi Press Release Today 8/20      
________________________________________

Based on the package of reforms presented by the Prime Minister Dr. Haider al-Abadi and endorsed by the Council of Ministers and approved by the Council of Representatives the following executive orders and directives were issued:

1. a large reduction in the security details for officials and the presidencies and others, up to 90% percent, and the abolition of the battalions of special security for the VIPs, returning them back to the Defence and Interior ministries as per their designation, to be trained and prepared to do their national duties in defense of the homeland and the protection of its citizens. This decision relieves from the state budget more than twenty thousand security officers, with their salaries exceeding 250 billion Iraqi dinars annually.

2. restructuring the battalions of special protection for the three presidencies and the offices of the Vice-Presidents of the Republic and the offices of the Deputy Prime Ministers that were abolished, and define their duties and subordination and the transfer of their assets so they can assume their security functions to protect the country.

3. the Prime Minister orders the re-allocation of the budgets of the offices of the Vice-Presidents of the Republic and the offices of the Deputy Prime Ministers that were abolished to the public treasury of the state.

4. a) the formation of an expert committee to remove the differences in salaries through the reform of the salaries and allowances system and the abolition of the special provisions for all of the Presidencies, the commissions, and state institutions and their pensioners, taking into account fairness and professional competence, and to provide a new system within one month of the issuance of this order.
b) Lowering the upper limit of the pensions of officials and drafting a decree within a week that deals with the wrong decisions taken previously.

5. the formation of a supreme committee tasked with the selection of candidates for senior positions under the chairmanship and membership of a number of specialists from the Integrity Commission and the Ministry of Planning and experts from development centers in the private sector and consultants and academics.

6. the formation of a supreme committee to hold the Ministries and departments not associated with a ministry to accountability through evaluation programs designed for this purpose and the committee is tasked with submitting periodic reports (quarterly and annual) to the Prime Minister.

7. the Prime Minister Dr. Haider Al-Abadi instructs that recommendations be made by the Office of Financial Supervision and the Integrity Commission to activate the role of inspectors general and provide benchmarks for their staff needs to make them more efficient and to remove the excess in addition to providing criteria for evaluating the performance of audit institutions by no later than 31 August.

8. determine a date no later than 31 August for the implementation of abolishing all positions of external advisers in the ministries, whether fixed or temporary, and limiting the advisors of the three Presidencies to 5 advisors per Presidency.

PM Media Office
20-8-2015


Article Ends

We are beginning to see these new reforms (phase II) take shape. Be patient I believe the redenomination meaning the deletion of the zeroes is in this second set of reforms.   Today out popped some more good news in this direction.  .

I also want to remind everyone that I told you the cuts in salaries had nothing, absolutely nothing to do with the RV and everything to do with just saving money and trying to balance the budget. These cuts were also to standardize government employee salaries to a fair pay scale ridding Iraq of favoritism and unnecessary perks from 8 horrid years of the Maliki administrations. 

A few days ago we heard announcements that parliament’s salaries were in fact being paid out and NOT CUT and so all you guru’s were wrong once again…....too bad ! Again all the hype for nothing by some gurus. 
So again later this in this week we also heard news that SOME govt salaries were in fact being cut but still no RV. So you tell me if this was dependent on an RV and so who was right in this matter! Who was right once again? 

Of course there are some gurus who don’t even believe any salaries have yet been paid at all and still tell you this on their conference calls. Why?   

So there is still yet one more layer to be paid. Now we wait for the average citizen to get their monthly social benefits (such as pensions, ration, unemployment, etc.).  It is already Aug 21st and they are VERY late this month in making these payments. Why? I think I know why and what the finance committee has been instructed to do.  Do you want to know?

It is really not that hard to figure out. You see by dismissing all those gov’t jobs (the unneeded deputies, personal security guards, advisors, etc..) the GOI was able to save billions each  month. Yes – that billions with a “B” each month not over a year. Did you also notice these cuts were IMMEDIATE. Why? 

They needed this savings in order to put together the money needed in the budget to pay out the citizens on the Qi Cards. We all should be very familiar with the Qi-cards. They are juggling money and trying to find a way to pay all their bills. This past corruption has really messed up their financial position. It is, however, all repairable and Abadi is fixing it. We have to be patient.

I am told these payments will happen soon. They do expect to see some cuts in this area too, at least this is what I am hearing. There is extreme pressure by the rioters to make these payments soon since they promised months ago they would be on time (beginning of the month) in the future. 

Many gurus have accused mnt goat of not backing up statements with facts. For those long time readers -Do you think this is really true? I try to present the articles and news briefs when I can. I also try to tie the information together for you without any hype. Many have put words once again in my mouth and have accused me of  setting RV dates and then watching them come and go. Really? Once again now they are telling you I set a mid September as an RV date. This of course is not true as I am only telling you there is a good possibility of a window of opportunity at that time but nothing else. Sorry this is not predicting a date. 

As in other periods I described only WINDOWS OF OPPORTUNITY and never told you it was going to RV any time or on any day. At least over the last year I have had much better intel since I learned about this misinformation and propaganda being passed around. I stopped listening to these sources and I recommended all do the same. Maybe many of you need to take off your RV glasses and stop using this false intel with the conjecture and hype. Did you ever think these sources are just like you and me. They too are susceptible to interpreting the news. You are then the fool if you believe it unquestioning and do not analyze it carefully before spreading it around. 

Today I   continue to bring you the facts as I read them and learn about them. You can take this information to any degree you want but please DON’T SAY TO ANYONE I SAID SOMETHING I DID NOT SAY. This would be a lie and  improper to put words in my mouth like predicting an RV date.  These same people who continue to do this also complain that others do it to them. Seems they don’t like it when the shoe is on the other foot?

Link to PART 2


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