Tamimi: a reform program on monetary and economic policy in Iraq

[Butifldrm]

 

2018/07/22 12:03

• Number of readings 151
•  

Tamimi: a reform program on monetary and economic policy in Iraq

 

 

A member of the Finance Committee of the former parliament, Magda Tamimi, said Sunday, July 22, 2018, that it is writing a program of monetary reform of the economic policy in the country, indicating that it will be a different paper.

"It is in the process of writing a monetary reform program for the economic policy in the country, pointing out that it will be a different paper during the next phase of the country," Tamimi told media affiliated with the obelisk.

"This paper is interspersed with practical steps in the reform of fiscal and monetary policy if applied within six months or a year will bring a clear reflection on society and well-being."

Tamimi pointed out that it "adopted the experiences of developed countries," indicating that "my reform policy is concerned with maximizing non-oil resources."

Follow the obelisk

http://almasalah.com/ar/news/144737/التميمي-برنامج-اصلاحي-بشان-السياسية-النقدية-والاقتصادية-في-العراق

 

[presence]

Thanks for the link butfldrm - and good morning DV. At least there's no mention of studies afterwards or the,word 'soon.'; although it's implementation is potentially a long way off at least they're thinking 'outside the box'

[yogaman]

...economic policy in the country, indicating that it will be a different paper.

 

I hope this means lower denoms 

[jeepguy]

16 minutes ago, yogaman said:

...economic policy in the country, indicating that it will be a different paper.

 

I hope this means lower denoms 

And a lot better value !

[ChuckFinley]

9 minutes ago, jeepguy said:

And a lot better value !

Same here.  

[Sage449]

Butifidrm, that's almost depressing. I surely continue to hope for this year, how much more paperwork do they really need!

[blueskyline]

Thanks Buti . GA DV's . " writing a program of monetary reform of the economic policy in the country, indicating that it will be a different paper." My guess is its an electronic program . Years ago I believe  , Shabibi said a disc would be slid into a computer and the monetary changes would be made. Whatever program this is whether LD's ,document , or electronic . There is a good chance it is already written or printed . Sage449 ? The Iran CBI Governor said 2 years ago . The people of Iran will Know when there is about to be a Monetary change . I don't think Iraq will be much different . Should we see a Mass Exodus of Chunky Money move to the Banks at one time ? To me that would mean the people are aware of what might be a coming change . In my small opinion .

[ChuckFinley]

1 hour ago, blueskyline said:

Thanks Buti . GA DV's . " writing a program of monetary reform of the economic policy in the country, indicating that it will be a different paper." My guess is its an electronic program . Years ago I believe  , Shabibi said a disc would be slid into a computer and the monetary changes would be made. Whatever program this is whether LD's ,document , or electronic . There is a good chance it is already written or printed . Sage449 ? The Iran CBI Governor said 2 years ago . The people of Iran will Know when there is about to be a Monetary change . I don't think Iraq will be much different . Should we see a Mass Exodus of Chunky Money move to the Banks at one time ? To me that would mean the people are aware of what might be a coming change . In my small opinion .

[Sage449]

Bluesky, much better. 🙂

[yota691]

Former Deputy: Reveals surplus in the 2018 budget

 

Tuesday 24 July

 

 

 

Alsumaria News / Baghdad revealed that the former MP Magda Tamimi, Tuesday, that the total surplus for the first six months of the year 2018 amounted to 7.484 trillion dinars.  Tamimi said in a statement received Alsumaria News, a copy of it, "the total amount of financing the current and investment budgets amounted to 35.029 trillion dinars, compared to the achievement of oil revenues and non-oil 42.576 trillion dinars," indicating that "the monthly rate of total revenue amounted to 7.096 trillion dinars, Oil per unit at a monthly average of 6.393 trillion dinars. " Tamimi added that "the average monthly expenditure of the budget amounted to 5.848 trillion dinars and thus the surplus monthly revenue achieved 1,247 trillion dinars."  The Iraq relies on more than 90% on oil imports annually as income under the general Moisnath, while some specialists warned of making Iraq a country to yield exposure to the vagaries of the market continuously.

[yota691]

 

Tuesday 24 July 2018 2:15 pm

| Number of readings: 156

 

Legal: The current government does not have the right to employ and contract

                                                                                                                                                                                                          The legal expert, Ali al-Tamimi, on Tuesday, the position of the current Iraqi government according to the Constitution and international law is the caretaker government daily and work only to walk transactions and pay salaries and some public utilities in the country, stressing that this government is not entitled to employment and the conclusion of import agreements Export.

Al-Tamimi told "Iraq News" that "the current government is a caretaker government daily, a government that walks the work of public utilities in the country, such as salaries and the reconciliation of transactions and contracts between ministries, but not entitled to many things such as recruitment and emergency declaration and has the right to amend Law and is not entitled to conclude import and export agreements ".

He added that "this government does not have an international legal status because it ended with the end of the parliament, and the duration of the caretaker government as stipulated by the Iraqi Constitution in Article 61 and Article 64 is only one month and the caretaker government in which the transitional stages in emergency circumstances such as elections and the transfer of power and emergency A temporary emergency government is not entitled to do a lot of things. "

It is noteworthy that the social networking sites are being reported to prevent the Ministry of Finance from signing the employment orders sent by Prime Minister Haider al-Abadi because he became Minister of Labor and thus decisions have become outside his powers.

 

[Butifldrm]

 

2018/07/24 15:07

 

Former vice president reveals total surplus in the first half of 2018

 

 

BAGHDAD (AP) - A member of the parliamentary finance committee, Majida al-Tamimi, on Tuesday (July 24, 2018) revealed that the total surplus during the first six months of the year 2018 was 7.444 trillion dinars.

Tamimi said in a statement to the "obelisk" that "the total amount of financing the current and investment budgets amounted to 35.029 trillion dinars, compared to the achievement of oil revenues and non-oil 42.576 trillion dinars," indicating that "the monthly rate of total revenue amounted to 7.096 trillion dinars, while the revenue Oil per unit at a monthly average of 6.393 trillion dinars. "

Tamimi added that "the average monthly expenditure of the budget amounted to 5.848 trillion dinars and thus the surplus monthly revenue achieved 1,247 trillion dinars."

Iraq relies on more than 90% of oil imports as annual revenues within its general budgets, while warned some specialists to make Iraq a country of rent for exposure to market fluctuations on an ongoing basis.

The obelisk

http://almasalah.com/ar/news/144976/نائبة-سابقة-تكشف-عن-مجموع-الفائض-في-النصف-الاول-من-2018

 

[yota691]

Tamimi: Seven trillions dinars surplus from the budget of the first half of 2018

15:21 - 24/07/2018

[Butifldrm]

Former Deputy: Budget surplus can solve 50% of the problems of demonstrators

 

Economie

 

The time now is 04:18 PM

 

BAGHDAD / 

A former member of the Finance Committee, Hossam al-Aqabi, said on Wednesday that the budget surplus could solve 50% of the problems of the demonstrators, calling on the government to use it to fill the deficit. 

"The budget of 2017-2018, we had put in the Finance Committee a material that allows the government to use the surplus to pay the deficit if any and our request that there be a continuation of projects suspended services or infrastructure of all provinces, including the capital Baghdad."

He added that "the government has challenged some paragraphs of the budget, including this paragraph," noting that "the use of surplus budgets, estimated at more than 7 trillion in the six months should be for the provinces and infrastructure, electricity and water, roads and attention to other services. 

He pointed out that "a lot of projects now stalled because of the fiscal deficit, despite the availability of surplus, which can be used to launch advances to the provinces and according to the roles of control existing." 

He added that "the government has not used this surplus from the beginning, perhaps in its intention to pay attention to the issue of foreign debt or internal or strengthen the reserves as part of the reserve has been affected by the impact of oil prices in the past years," stressing that "this surplus can solve 50% Of the problems of the demonstrators and the provision of jobs and electrical energy. "

He pointed out that "the Housing and Real Estate Bank stopped for a year from repaying loans to citizens in the construction of residential areas and houses in the center and south and west of Iraq because the central bank does not deliver the two banks these loans," stressing "the need to ask the Ministry of Finance sovereign guarantee to banks.

https://www.alghadpress.com/news/Iraq-News/167979/AlghadPress

[bostonangler]

Blah Blah Blah… Just RV and let's move on!

 

B/A

[Sage449]

LOL, thanks ruby negger. Love you anyways. 😍