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remember the articles years ago that said the budget would be based on a new exchange rate? almost exact words...this was at a time when they were also talking about passing the social security laws etc, there were also two budgets? one was general the other called supplemnatry budget? well now they have passed and amended social security laws!! and nowtalking about voting on the budget!!!! Happy times coming!

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick Article: "For the first time in Iraq...planning to stable a 'huge' financial center in a southern governorate" This is talking about Iraq becoming a financial center and economic hub in the Middle East and around the world. This article talks about world banks pouring into the CBI/Iraq.

hmmm...JUNE! what wil cause the rush to the banks? what will cause them to use electronic transactions....LOGIC people!

Economist: We are about to embark on a qualitative leap in financial transactions Today 12:25 Economist: We are about to embark on a qualitative leap in financial transactions | Information (almaalomah-me.translate.goog) Information / Baghdad.Economic affairs researcher Hisham al-Baidani said on Friday that Iraq is about to embark on a qualitative leap in the quality of financial transactions, especially with the entry into force of electronic applications in many institutions in order to get rid of the inflation that the country suffers. Al-Baidhani told Al-Maalouma that "Iraq, despite its late entry into the techniques of financial sciences and their applications, but the coming months will witness a wide boom in the applications of electronic financial transactions after decades of traditional monetary circulation."He added that "what happens from electronic transactions is only in implementation of the instructions of the Central Bank of Iraq to publish POS points, which would reduce the monetary mass in the country, which in turn is one of the reasons for rampant inflation." He pointed out that "this step, which will begin in early June, will encourage Iraqis to save the value of their money electronically and start opening bank accounts that may increase the number of currently active accounts, which are estimated at seven million bank accounts." " Finished 25n

The Articles stated that the budget has been read twice, voted on only once an that session was left open after the second reading. The Budget need be voted on 2 more times, and read once more for the final third reading. Regardless what the imaginary fairy or any guru wants you to believe. and the rate change won't be in the budget as well...any rate change comes from the CBI..

Al-Maliki's coalition reveals a date for voting on the budget: it will be explosive for all 19:14 2023-05-20 135 Policy 0 Today, Saturday, the State of Law coalition led by Nuri al-Maliki revealed that the financial budget will be satisfactory to everyone after addressing some points of disagreement regarding it. "The draft financial budget law for the year 2023 has been completed in all respects and is ready for a vote on it after extensive discussions and deliberations and solutions to some points of contention regarding it," Baqir al-Saadi, a member of the coalition, said in a statement to "Al-Muttala" agency. Al-Saadi added, "The budget will be satisfactory and all governorates have received their entitlements," noting that "the budget is explosive and supportive of investment and service projects." And it is likely that "the House of Representatives will vote on the budget in the nearest session without any complications," noting that "the allocations for the sectors and governorates and some details have been developed according to studied proportions and will address the failures that were repeated in the past." Today, Dhi Qar Governorate representatives announced their refusal to vote on the draft federal budget law to be included in the agenda of next Monday's session, while they indicated a number of conditions for its passage.

I think it's a great move.

Iraqi government cracks down on Dollar usage in bold move to empower national currency Story by Damilola Lawrence • Tuesday As a sovereign move to bolster its national economy, the Iraqi government has banned US dollar transactions to encourage using the national currency, the Iraqi dinar. This development, a sharp response to the expanding black market exchange rates, comes amid a rapidly growing chasm between the official and black-market exchange rates, which has stirred public outrage and spurred inflation. Bolstering the national currency The pronouncement, which caught many by surprise, is seen as an attempt to foster national economic stability and sovereignty. “The dinar is the national currency in Iraq. Your commitment to transact in it instead of foreign currencies boosts the country’s sovereignty and economy,” the Iraqi Interior Ministry affirmed. The ministry emphasized that dealing in foreign currencies is a legal violation, vowing to “hold accountable anyone who attempts to undermine the Iraqi dinar and the economy.” In a sweeping initiative to safeguard the dinar, the Anti-organised Crime Directorate of the Interior Ministry dispatched forces to various markets in Baghdad and other cities. Traders were asked to sign an agreement promising to sell goods only in dinar, a measure that Brig Gen Hussein Al Tamimi had overseen. Violators of this pledge face significant penalties, including fines and potential imprisonment for repeated offenses. Ripple effects: The underground dollar market and public discontent The implementation of the ban has propelled dollar transactions underground. Fear of arrest has prompted exchange offices to limit their dollar dealings to a select group of trusted clients, fueling black market rates. This shift in the market is a direct consequence of the government’s attempt to protect its national economy amid increasing volatility. Historically, the Gulf War, stringent UN-imposed economic sanctions, and the US-led invasion in 2003 led to a substantial devaluation of the Iraqi dinar. As a result, Iraqis have since turned to the US dollar for a broad array of transactions, ranging from wholesale trading to retail purchases. However, the recent moves by the Iraqi government have sparked a currency crisis, leading to inflation and public protests. Amid these upheavals, the United States has voiced concerns that the dollar is being channeled to Iran, Syria, and Lebanon via the foreign currency auction organized by the Central Bank of Iraq. Consequently, the Federal Reserve Bank of New York has tightened its procedures for international transfers, leading to a surge in demand for the US dollar in Iraq. As the country struggles to navigate the turbulent economic waters, the Iraqi government has blamed the US for the currency chaos. However, its attempts to quell public anger have so far proven unsuccessful. Meanwhile, ordinary Iraqis, such as Baghdad resident Mohammed Hassan Jaafar, are left in a state of uncertainty. Mr. Jaafar, who plans to buy a house, now faces a dilemma: real estate prices are often pegged to the dollar. The ban on US dollar transactions represents a bold step towards economic sovereignty for Iraq. Still, it also raises questions about the viability of such a move amid an established dollar-dominated market, and the potential implications for ordinary Iraqis caught in the economic crossfire.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-20-2023 Newshound Guru Pimpy People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean? ..Iraq is a fixed (pegged) currency. It's not a float. It's not a dirty float. It's not floating at all...It's 1320 dinar for every 1 US dollar. They're pegged to the U.S. dollar...It's not floating in country. It's not floating out of country. There's no two exchange rates. Let's go through what these are...[Post 1 of 2] Pimpy A floating exchange rate is a type of exchange rate regime wherein a country's value is allowed to freely fluctuate according to the Foreign Exchange Market...Iraq is not allowed to play with the big boys - not yet...Until Forex recognizes Iraqi dinar...they're not going to be a floating exchange rate...a Pegged exchange rate system is a currency system in which governments try to maintain their currency value consistent against a specific currency...The Iraqi dinar is pegged to the US dollar. So it's fixed...A dirty float is when...it will freely fluctuate but if it gets out of whack the government interferes... [Post 2 of 2] Frank26 The budget they say they will supposedly have it done by today, Saturday. Now they're saying, well maybe the early part of next week. I don't care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn't the new exchange rate out? yada A lot of moving parts that are coordinated. The budget is to be voted on today [Saturday]. The rate release almost simultaneously, IMO. The debit and credit cards were shut down on Thursday for a couple of days, and many believe it was to readjust the rate with the CBI... MarkZ Article: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. .... They are negotiating each contract with contractors separately right now and rates are fluctuating. And just how do you know this Mark..? To me this means we are in a float. Because of what contractors are telling me – I know we are close... We have never, ever been this close before...My contacts in Iraq have a lot of expectations for this weekend.

First Deputy Speaker of the House of Representatives Mohsen Al-Mandalawi: Parliament will vote on the "budget" next Monday

lets see here , so the iqd can be substantially devalued instantly from a 2.00+ rate , black list the currency , flood iraq with usd but in 20 years cant seem to do the opposite ( RI ) , as for me im still not sold on this float the rate in country theory lacking the ability for world wide usage but im not a financial economist , had a huge paragraph of rambling gibberish typed up trimmed it to this 🤣 ... letsroll we wait

Coming from Al Maliki... nope not believing any of this

Pimpy's right on all counts. There are no two different rates & the IQD is still pegged to the USD.

Even the goat mentioned June and my crystal has said by end of June

From WRAL.com; Winning MegaMillions Numbers Friday, May 19, 2023 05 11 41 44 55 MB 14 Megaplier 2X Congratulations Jaxinjersey and CSM (R) Thack! Each of you matched tonight's megaball # 14! Sorry ; We had no other winning matches.

Here ya go @Jaygo

UGLY...!

new salary scales , social security all linked to new budget? if you are NOT going to change rate then why the need to review and discuss salaries and social security? new rate! new laws?

could it be lord? whats that? in due season you will reap if you faint not! yes LORD! BE BLESSED PEOPLE! OH YES!

I am unable to enlighten you. 🤷

Could see major changes soon if free float maybe 3$+ by December?

Jjjjeeeezzzz.... they love to contradict each other. What a bunch of clowns

ERBIL — The federal parliament in Baghdad is reportedly going to hold a vote on the country's largest federal budget bill in decades this week. "The parliament will vote on the federal budget bill on Monday. The parliamentary committee on finance is in a meeting now, voting on the final provisions of the bill, on articles pertaining to the Kurdistan Region in particular," Amanj Harki, an Iraqi lawmaker from the Kurdistan Democratic Party's (KDP) bloc, told BasNews today. The bill might be sent to the parliament tomorrow so that a vote can be held on Monday," he added. Baghdad and Erbil are awaiting approval of the budget bill in order to enact their cabinets' investment and development agenda. Payment of public sector salaries depends on approval of the federal budget, in Erbil in particular because KRG crude exports have not resumed yet. The federal government of Iraq approved the bill in March this year. The budget covers public expenses for the years 2023-2025. The bill totals nearly 200 trillion dinars, with 12.67 percent of the overall budget being allocated to the Kurdistan Region. Erbil is supposed to share revenues from crude sales with Baghdad in return for its share of the federal budget.

Deputy of the Law: On Monday, a special session to vote on the budget law Time : 2023/05/20 20:31:27 Deputy of the Law: On Monday, a special session to vote on the budget law - Al-Furat News (alforatnews.iq) {Politics: Al-Furat News} MP for the State of Law Coalition, Aref Al-Hamami, is likely to hold a special session to vote on the terms of the federal budget law next Monday. Al-Hamami said {for Euphrates News} that: "The Finance Committee is working to complete the budget law day and night, and what are only a few days to complete," likely "holding the special session to vote on all its items next Monday." He added, "The rise in oil prices helps revive the budget, reduces the deficit in it, and will facilitate the work of government curricula." "We called for raising the amount of petrodollars, which will compensate for the imbalance in the budget, as 80% of the budget will go to the completion of lagging strategic projects in all provinces," al-Hamami said. "Approximately 143 billion dinars of this budget will be from ongoing projects in the past," he said. The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, revealed in a press statement that the House will start voting on the tripartite budget as of Monday, May 22.

Here's another article related to the above...Iraq builds SS system to protect workers... MarkZ via PDK: We Are Excited. ARTICLE: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. My redemption center folks are on call this weekend on a “shortened” call in time. They are negotiating each contract with contractors separately right now & rates are fluctuating. To me this means we are in a float. because of what contractors are telling me. I know we are close. We have never, ever been this close before. My contacts in Iraq have a lot of expectations for this weekend.

Parliament threatens to boycott the session to pass the budget money and business Economy News - Baghdad Today, Saturday, the representative of Diwaniyah Governorate, Aziz Sharif al-Mayahi, threatened to boycott the voting session on the draft budget law in the event that Diwaniyah was not "fair". Al-Mayahi said in a statement, "We were, on all occasions, supporters of the political process, and Diwaniyah and its people were among the first to sacrifice for its success, and we made countless sacrifices for Iraq, the perpetuation of its democratic experience and the fight against terrorism," adding that "unfortunately, despite these sacrifices, The penalty was neglecting the most basic rights approved by the constitution to preserve the citizen and provide him with a decent life. And he continued, "Al-Diwaniyah and everyone knows that it is from the poor governorates and does not have any additional resource or border outlet to support its economy, and even agriculture, which was the only support for its people, has entered a dangerous stage as a result of drought and lack of water quotas, which makes us before a serious stand to do justice to Al-Diwaniyah and save its people from By including two important files in the budget. He explained, "The first of these files is the allocation of job grades for their children as a result of the lack of other livelihoods and the high rate of unemployment in them, which created a population migration, especially from the youth segment, to other governorates to search for job opportunities and exclude them from the decision to stop job grades in the budget. The second file is through Increasing the governorate’s allocations in the budget, in a way that provides it with sufficient space to complete the infrastructure and establish small and medium projects, in addition to establishing a free zone for trade exchange and a commercial airport, due to the governorate’s strategic and vital geographical location, which allows revitalizing the status of the governorate, provides job opportunities for youth, and supports its local economy. Al-Mayahi stressed, "We will work hard and continue to support the government, its program, and the parliament to legislate laws that are in the interest of the citizen, but we, out of honesty and legal, moral and humanitarian responsibility towards Diwaniyah and its people, will boycott the voting session on the budget if our demands and justice for the oppressed are not included." Observations 116 Added 05/20/2023 - 11:46 AM

Mandalawi: Parliament will vote on the budget next Monday money and business Economy News - Baghdad First Deputy Speaker of Parliament Mohsen Al-Mandalawi revealed, on Saturday, that the House of Representatives will start voting on the draft budget law next Monday. Al-Mandalawi said in a statement to "Shafaq News" agency, followed by "Al-Iqtisad News", that there are no problems that impede the approval of the general budget law, adding that all political blocs agree on approving this law. Mandalawi added, "According to what was agreed upon, the House of Representatives will vote on the budget law in the session next Monday." Views 128 Added 05/20/2023 - 1:02 PM

Soros isn't dead. @Luigi1 confirmed it a few days ago. As for iraq relying too much on oil... what about all the other oil nations in the middle east.? When they started out and still to this day rely on oil to a great extent

Speculation disturbs the stability of the exchange rate Economy 2023/05/20 Speculation disturbs the stability of the exchange rate » Al-Sabah newspaper (alsabaah-iq.translate.goog) Baghdad: Haider Falih Al-Rubaie Financial speculation in the dollar exchange markets has disturbed the price stability that the country has witnessed during the recent period, resulting from the packages of measures launched by the Central Bank in cooperation with various government agencies to control the dollar, while the "green currency" witnessed a rise that touched the limits of 147 thousand dinars per 100 dollars, specialists in economic affairs confirmed a disparity between supply and demand that led to a rise in the dollar exchange rate in parallel markets, accompanied by an increase in speculation operations and the difficulty and delay of audit procedures for the purchase of foreign currency. Despite the "fluctuation" in the parallel exchange markets, specialists believe that this will be temporary, suggesting that the decline in the dollar exchange rate will return very soon, and stabilize at the range of 1340-1360. While its recent sales amounted to more than $200 million in the currency sales window, the Governor of the Central Bank, Ali Al-Alaq, stressed the follow-up of the exchange rate and the development of appropriate solutions to any problems, and the implementation of purchase requests from traders and citizens as a whole, pointing out that those who refrain from buying from official platforms may have problems and illegal transactions. "The CBE has a daily follow-up of the dollar exchange rate to identify all the factors and influences related to the exchange rate," al-Alaq said. "The central bank is trying to find solutions to them and the appropriate channels, and we are walking near the market to identify the problems that occur in order to put the price in its official direction," he added. The governor explained, "The Central Bank implements the purchase requirements and the needs of all citizens in terms of dollars, and each price remains outside the official price, either for speculation or for illegal actions," considering that "goes to buy dollars from the black market at a price higher than the official, despite the availability of the official through approved platforms, perhaps." There will be problems in the transactions that he performs." In turn, the economic and financial expert, Dr. Mahmoud Dagher, believes during his interview with "Al-Sabah" that the rise in the exchange rate represents a "natural matter" in light of the failure to solve the problem of the dollar supply for import purposes and the rest of the commercial activities, stressing that the failure to provide the dollar in a way that suits the high demand in recent times Finally, it can lead to a lack of control over it. The expert Dagher also attributed the reasons for the rise in the exchange rate, after it witnessed stability in previous times, to a number of factors, including "problems related to the transfer process, return and audit by the US Federal Reserve, which takes a long time for remittances," noting that these matters "led to Supply does not cover the level of demand, which is now not only for trading purposes, but rather for speculative and precautionary purposes. Dagher stressed, "The restrictions that stand in front of the expansion of the dollar supply are still very present, indicating the possibility of reaching the goal when the supply restriction is completely lifted." The economist, Nabil Jabbar Al-Tamimi, did not deviate much from the previous opinion, when he indicated to "Al-Sabah" that "speculation represents the most prominent reason behind the rise in the dollar exchange rate," stressing the possibility of restoring the stability of the foreign exchange between 1340-1360 dinars within a week or so. A little more, in the event that the Central Bank takes measures related to providing greater facilities to companies and small traders and requests for financial transfers, to conduct transfers on (less severe) terms. Despite Tamimi's call for "less severe measures," he "praised the policies of the Central Bank during the recent period," stressing that these policies "did not lead to restrictions on access to the dollar, and that the rise is caused by speculation conducted by some currency traders taking advantage of the rise in the exchange rate," noting at the same time, that "the currency selling window maintained a moderate daily sales rate during the past two weeks between 180-200 million dollars per session, which may come a little close to the need." the actual Iraqi dollar market." Al-Tamimi called for the need to stop the "imaginary effect on exchange rates" represented by (mobile applications) that promote local exchange rates (black market exchange rates) because they are applications whose displayed data does not include their dependence on real market demand (such as an auction and a real electronic exchange, but rather a media means of presentation).

Yeah.. it will stabilizes when they decide to change the rate

if the UN want a RV then you expect the banks to take your money....

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Pimpy There's something going on with the exchange rate...I would love to see the Iraqi dinar increase in value slightly. I don't think it's a big move but there is talk about it. We'll see what happens...

Grandma is buying a fishing rod A woman goes into Cabela’s to buy a rod and reel for her grandson’s birthday. She doesn’t know which one to get, so she just grabs one and goes over to the counter. The clerk was standing behind the counter wearing dark glasses. She says to him, “Excuse me, sir. Can you tell me anything about this rod and reel?” He says, “Ma’am, I’m completely blind; but if you’ll drop it on the counter, I can tell you everything from the sound it makes.” She doesn’t believe him but drops it on the counter anyway. He says, “That’s a 6-foot Shakespeare graphite rod with a Zebco 404 reel and 10-pound test line. It’s a good all-around combination, and it’s on sale this week for only $20.” She says, “It’s amazing that you can tell all that just by the sound of it dropping on the counter. I’ll take it!” As she opens her purse, her credit card drops on the floor. “Oh, that sounds like a MasterCard,” he says. She bends down to pick it up and accidentally farts. At first she is really embarrassed, but then realizes there is no way the blind clerk could tell it was her who tooted. Being blind, he wouldn’t know that she was the only person around? The man rings up the sale and says, “That’ll be $34.50 please.” The woman is totally confused by this and asks, “Didn’t you tell me the rod and reel were on sale for $20? How did you get $34.50?” He replies, “Yes, ma’am. The rod and reel is $20, but the Duck Call is $11, and the Catfish Bait is $3.50.” She paid it and left without saying a word

they then merged general and supplementary budget into one! surely peeps can remember this?

The fourth meeting of the Political, Security and Military Committee emanating from the Saudi-Iraqi Coordination Council 2023-05-19 // 04:13 Shafaq News / The Iraqi Ministry of Foreign Affairs reported today, Friday, that the fourth meeting of the Political, Security and Military Committee of the Saudi-Iraqi Coordination Council was held in Jeddah, in the presence of a number of Iraqi and Saudi military and security leaders. The ministry stated in a statement today that the meeting was chaired by Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, and his Saudi counterpart, Prince Faisal bin Farhan. The statement added that during the meeting, they reviewed the strong fraternal relations, and ways to strengthen and develop them in various fields, in addition to discussing intensifying joint coordination, especially in the political, security and military fields. The statement also indicated that the two sides discussed the topics on the agenda, which complement the topics of previous meetings, and prepare memorandums of understanding in the field of facilitating travel procedures between the two countries. The two sides stressed the need to intensify joint action to combat drug trafficking and benefit from the procedures followed by the Kingdom in this field, and the importance of continuing to exchange information to combat ISIS. In conclusion, the two sides discussed developments in the regional and international arenas, according to the statement. https://shafaq.com/ar/سیاسة/انعقاد-ال-جتماع-الرابع-للجنة-السياسي-ة-وال-مني-ة-والعسكري-ة-الم-نبثقة-عن-مجلس-التنسيق-السعودي-العراقي

So I was thinking about this some more and it occurred to me that just because they're at a "restricted" float now (assuming that's true, though I still haven't been able to verify that the Deputy Prime Minister said that they are per my post at the top of this page 2), that doesn't mean they won't bump it up in the future. It does seem safest for Iraq to first determine if they are able to control the transition from a pegged/fixed rate to a market rate. If they did bump it now to to say just $.10, that's more than a 100X increase - which is a huge change. They're much more likely to be successful in figuring out how to manage the rate when begins to float, if they don't rock the boat any more than necessary. A bump of over 100 times is like a tsunami. So now in hindsight, it maybe wasn't realistic for us to expect them to bump the rate first, before they're confident that they'll be able to control it. So starting the float from where they are right now makes sense and is the best choice, imo. That said, I do think Iraq wants to bump the rate, and significantly. The Iraqi youtuber I follow thinks it will be over US$1 and ultimately back to over US$3. He says Iraq wants their currency higher than the USD, and I can appreciate why they'd want that. I don't know if they'll bump it to US$1+ first thing, it may take them a few bumps to get there (or maybe not), but in thinking about this more, I think that's the best way for them to do it. And Iraq is bringing in investment, and that's hard to do with a currency that's almost worthless. So I think think they're pretty motivated to move this along. The monkey wrench in this is that since the protests 2 years ago, they have been able to stable the fixed rate to the black market rate. I've been in this 12 years, and I don't remember seeing such big differences between those two rates in the first 10 years I've owned dinar. They lost control of the +/-1160 figure they had for years. And now they're still struggling to control it at 1310(which is why they banned the USD). So now I'm thinking (and hoping) that with this USD de-dollarization, soon they'll get control of the rate again with this "restricted" 5% float. And once they feel they are in control of managing that, they'll start letting it change more than 5% and/or maybe gradually let the rate increase from there. And if they can maintain control with those changes, then hopefully they'll give it a nice bump, maybe even US$1+, or at least something significant that we'll want to exchange at least some of our dinar. Anyway, that's my thinking today. jmho

Im thinking Velcro ,,,,,, cause they haven't got off that wall in 20 years

NOTE: Malike delayed the 2023 Budget on the 17th, then moved to the 20th...he stopped it, again...now we are looking at some time next week if Maliki don't object...why are we not surprised...Maliki just has too much power... where's Al Sadr? didn't he win the election... FRANK26: The 2023 Budget They Say They Will Supposedly Have It Done By Saturday. ARTICLE: Now they’re saying well maybe the early part of next week. I don’t care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn’t the new exchange rate out?

There's a war going on behind the scenes right now trying to do something about it. Sure either way we'll pay taxes as usual....but there's more to it.

Many of them actually bring something informative to the table. They seem to be trying to be up to date and accurate as to what is going on. Others seem to be people who are starved for attention - like a hell of a lot on social media are these days. Nobody in their immediate circle listens to them much if at all - so they get on the media to espouse their goofy thoughts. People hide behind posts - getting worse. Always interesting to confront folks in person. You often times find out they are just parroting what some uninformed cretin states as fact. See it in what used to be the news and on just about all talk shows. Ton of other platforms as well - we see it every day.

with 70% of cash being hoarded! what will encourage them to take the money to the bank? what will encourage them to save? if the new salary scale is based on a new rate and is part of the budget the budget will pass! if it doesnt it means the FML willl take effect but whats important is the June deadline, this is the month of have mentioned and other members numerous times for a whole bunch of reasons!

as creedance clear revival song says! i can hear the bullfrogs calling me! yea ya young ones dont know whats up! miss them days!

Parliamentary Finance sets the date for sending the budget to the Presidency of Parliament Today 17:33 Parliamentary Finance sets the date for sending the budget to the Presidency of Parliament | Information (almaalomah-me.translate.goog) Information/Baghdad First Deputy Chairman of the Parliamentary Finance Committee Ahmed Mazhar al-Jubouri said on Friday that the country's draft federal budget law will be completed in full next week and sent to the presidency of parliament and presented for a vote. Al-Jubouri said in a statement received by Al-Maalouma that "the Finance Committee will complete the entire budget bill next Sunday or Monday." He added, "The committee will work to send it to the Presidency of the House of Representatives to determine the date of voting on it."

Here's another article related to the above...EU Bank to invest in Iraq economy... Clare: EU Bank Is Expanding In Iraq. ARTICLE: “The EU Bank for “Reconstruction & Development” is expanding in Iraq ” Quote: “The European Bank for Reconstruction & Development announced, on Thursday, the shareholders’ approval of the bank’s expansion in Iraq & Africa, while confirming a study of a proposal to increase the capital by between three & five billion Euros.”