|
DinarThug
-
Posts
27,878 -
Joined
-
Last visited
-
Days Won
454
Content Type
Gallery
Forums
Calendar
Store
Musicbox
Posts posted by DinarThug
-
-
Brother and Counselor: Al-Kazemi is the magic bullet and is ready for a second term!
12:53 - 20/04/2021
Advisor to the Prime Minister Sabah Mashtat, on Tuesday, said that his brother, Mustafa Al-Kazemi, represented a "magic solution" for the Iraqi people by virtue of its international relations, indicating that he was ready to assume the post of prime minister for a second term.
Mushtat said in an interview followed by "the information", that “the issue of choosing the prime minister is related to international consensus and President Al-Kazemi by virtue of what he has strong relations with the international system and the influential powers in it and his strong relationship with Iraq's neighbors and regional powers in the region. It may be a magic solution or a realistic solution.
Through which it is possible to create a suitable human and living environment for the Iraqi people.He added that “despite this, Al-Kazemi has no intention of running in the elections, and the projects we are witnessing some of them have been announced and others will be announced, not related to this matter. The next election”.
Mashtat added, “If the national necessity calls for a man like Mustafa Al-Kazemi by virtue of his strong international relations with regard to Iraq's neighbors and the influential powers regionally and internationally, he will not say no, and this is the destiny of a national person who loves his country and protects and saves the population from the repercussions of international disagreements that want to make Iraq is an arena for solving its problems.-
2
-
5
-
3
-
-
4 hours ago, Mary B said:
how do you come up with this stuff
Lol - Last Saturday Was The Official ‘10 Year Anniversary’ Of CNN Broadcasting On DV !
(so where’s my dv 10 years anniversary pin - don’t we at least get like a badge or something ?)
And So With Over A Decade Now Of Waiting And Having To Entertain Ourselves - Goofin’ On The Gurus Has Become One Of The Most Sacred And ‘Time Honored’ Traditions That We’ve Got Here On DV !
-
1
-
2
-
1
-
-
1 minute ago, eosirl said:
Thanks DinarThug for the explanation.
The unfounded allegation of Blackrobes and myself being in cahoots was a red flag. It was the cause and effect fallacy in action. The cause - Blackrobes and I were new with 12 posts each therefore the effect - we were in cahoots. lol No need for proof just allegations. Sad really.
Ur Welcome - And I Think That Both U And BlackRobes Can Tell From The Overwhelming Majority Of Positive Responses That Ur Contributions Are Appreciated !
So I Hope That U Both Continue Posting Here On DV Some More ...
-
5
-
-
9 hours ago, Carrello said:
Blackrobes, per your quote above, ...
Does anyone know the whereabouts of Mountain Goat? She's probably just living the dream up on that Austrian mountain with her goats with a hot line to the CBI. Who would have guessed.
4 hours ago, PrehistoricMan said:Go to google and type her name in. She has her own site now.
I Believe That Ms Carrello Was Just Goofin’ On Mnt Goat - But Thx (Seriously) For Chiming In With The Helpful Response !
32 minutes ago, eosirl said:Tried your suggestion PrehistoricMan and all I got was Nordstrum and Dillards selling black robes.
I Can See Where There Might’ve Been Some Confusion With The DV Member ‘BlackRobes’ Being Mentioned In The First Paragraph Of Ms Carrello’s (Edited) Post Above - And Then The Pumper ‘Mnt Goat’ Being Discussed In the 2nd Part !
PH-Man Was Responding Regarding The Site For ‘Mnt Goat’ - And Not The (DV Member) ‘Black Robes’ That U Searched For !
Hence Why U Received The Department Stores Selling ‘Black Robes’ In Ur Search Response ...
Although Hopefully U Might’ve Found A Good Sale ...
But Thx For Starting This Thread Eosirl !
4 minutes ago, PrehistoricMan said:Wow you are right. I tried it myself a week ago and found it easily. Saved it to my favorite file....then she announced this thing would be 2 more years so I deleted it. Now I cannot find it. Perhaps she already took it down. It was a site like blogspot. Very simple
Ya, I Can See Where U Guys Might’ve Gotten On A Different Conversation Track - And By Coincidence U Found That Additional Site Update Information !
Mnt Goat First Started Pumping On The Convicted Felon TNT Tony’s Site About 8 Years Ago And Has Bounced Around A Few Times Since Then !
So ‘Her’ Posts Will Probably Start Surfacing Again From Somewhere - Some Of The Pumpers Used To Just Send There Material Directly To Dinar Recraps To Have It Posted Directly There ...
-
1
-
-
14 minutes ago, horsesoldier said:
Really ??? How many people in Iraq can actually say they have a standard of living ?
Well I suppose untold millions in poverty over there might be classified as a “ standard of living “When are these people going to begin to get some relief ???
When Joe Starts Paying To Have Them Start Coming Across Our Southern Border !
-
4
-
1
-
-
Finance Minister: We will ask the Presidency of the Republic to reconsider some budget corrections
04/20/2021 17:39:33The Minister of Finance, Ali Abdul Amir Allawi, revealed, on Tuesday, a request that will be submitted to the Presidency of the Republic that includes reviewing some corrections in the 2021 budget.
"We will ask the Presidency of the Republic to reconsider some of the budget corrections," Allawi said, at the joint weekly press conference held at the cabinet building, attended by the Al Furat News correspondent.
"We will also try to find a good solution to raise the level of the Iraqi's per capita income," he added.
############The Minister of Finance submits a request to the Presidency of the Republic regarding the budget LINK
-
4
-
-
Governmental media: The Ministry of Finance sets an economic reform plan and begins demarcating projects
20th April, 2021
The Ministry of Finance, according to what was included in the white paper, has begun to provide quick loans to small and medium-sized companies and facilitate the financing of investment projects aimed at alleviating the housing crisis.
The Government Media Cell stated in a statement that Al-Furat News received a copy of it that “the Ministry of Finance presented, according to the government performance program for the six months of last year, many programs and plans within its various sectors.”
And she continued, “Al-Rafidain Bank began granting loans worth (100) million dinars to employees looking for housing, and (50) million dinars to buy housing units or renewable solar energy systems, as well as car loans, hotel operations, scientific research, doctors, pharmacists, And private sector employees, their value (5, 10, 15, 20, and 25) million dinars.
"In order to develop the performance of the financial sector and improve the level of technology in the banking sector, Rafidain Bank has participated in reconstruction and investment projects with strategic plans to improve infrastructure, health, education and tourism," the statement added.
Separately, the Ministry of Finance embarked on “implementing the project demarcation file and putting them up for investment. Water purification in Aziz Balad, the extension of the conveyor line from the new Rumaitha project to the Abu Srifa area, the preparation and extension of the electricity network in the Al Dhuaihir area in the Crescent, the extension of the conveyor water pipeline in the Warka area and the extension of the water network of As-Suwayr.
In addition, the Ministry of Finance announced “investment opportunities ready for implementation, most notably the Al-Qurayat Bridge, which is 2.6 km long, which will link between Al-Karkh and Al-Rusafa, Karbala Al-Hawali Road with a length of 66.5 km, Baghdad Al-Hawali Road with a length of 94 km and the highway linking the governorates of Wasit Baghdad, Karbala and Babil are (235) km long, the road linking Karbala Governorate and Arar Crossing is 160 km long, and the Baghdad-Basmaya road, with a length of (20) km.
With regard to the file of the banking system, the Central Bank has worked to classify banks according to service, close banks that violate laws and legislate reform laws, work to develop government banks and change the exchange rate of the dinar against the dollar, as well as link the Iraqi banking system to the network of local and international banks, and obtain a work permit The SWIFT system, the implementation of international banking operations, the work permit, the issuance of electronic payment cards in the name of the bank, the initiation of the implementation of the banking system and the completion of important steps in it.
According to the statement. He pointed out that “Al-Rafidain Bank contributed to an expanded reconstruction and investment plan to advance the health, educational, educational and tourism sectors, by working on infrastructure for services according to strategic plans, which included (26) housing complexes projects in (14) governorates, while the Rasheed Bank contributed to granting loans and advances. For housing complexes, buying cars and small projects for the unemployed and those with health professions, marriage advances for employees and loans for liberated areas.
###########
Finance develops an economic reform plan and begins demarcating projects LINK-
2
-
1
-
-
Advisor to the Prime Minister: The strong relations support the openness of the Omani and Iraqi markets
20th April, 2021
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the Omani and Iraqi markets are open to each other without hindrance as a result of the strong diplomatic relations that bind the two brotherly countries
Saleh described the Omani-Iraqi relations as "historical", explaining that the two brotherly countries have solid historical ties since Iraq received in the 1960s the expatriates of Omani students to study in Iraqi schools, colleges and universities, ending with the Omani labor market's acceptance of Iraqi expertise from various fields
Saleh pointed out in statements to the Oman News Agency, which was followed by "Al-Eqtisad News", that "there is complementarity between the Iraqi investment law in the promotion of investment and foreign investment on the one hand and the development of relations between Iraq and its Arab environment and its brotherly neighbors on the other hand, where integration and cooperation are in accordance with a priority that is advanced by it."
Investment as a center for consolidating and strengthening relations between Iraq and its neighborhood by providing the correct Iraqi climate for the flow of investment interests into the Iraqi economic arena
On the other hand, the financial advisor to the Prime Minister touched on the government measures taken to limit the economic crisis that Iraq is going through, noting that “the federal budget for 2021 remains a safety valve for the renaissance of economic activity, given that public spending constitutes approximately 50 percent of the composition of the domestic product.
The total in Iraq and the government economy is still the main driver of macroeconomic activity in the country
He explained that the launch of government investment projects on the one hand and the increase in banking credit activity provided to the Iraqi market economy with the support and support of the Central Bank of Iraq began to form a new road map that encourages private investment by facilitating government financial leverage towards operating the business sector and reducing unemployment levels
And he added that despite the reduction in the exchange rate of the Iraqi dinar for reasons related to the current account deficit of the balance of payments and the deficit of the government budget, the prices of goods and services have remained unchanged, which means the continuation of government support in addition to the expansion of the ration card program that targets the poorest classes
Saleh stressed that there are immediate policies to address poverty and to provide food and necessities that suit the livelihood of low-income classes in Iraq who are currently on the poverty line and maintain their lifelong sustainability.
The necessary foodstuffs, their regularity and number, in addition to reviewing the tariffs on the necessary foodstuffs to be the lowest possible to ensure that the demand for foodstuffs is met through the availability of adequate supply and at stable pricesHe added that the monetary policy of the Central Bank of Iraq, through the policy of stability in the general level of prices, works to provide the desired foreign currency to finance foreign trade at a fixed exchange rate, which leads to price stability and price expectations in light of efficient foreign reserves in order to achieve price stability and moderation in the standard of living
-
4
-
-
On 4/13/2021 at 11:26 PM, DinarThug said:
Btw, This Is BIG - IMPLEMENTATION OF THE WHITE PAPERS BIG !!!
HUGE ...... MASSIVE ..... COLOSSAL .... HUEVOS GRANDE ...
Al-Kazemi waives the "secret" immunity from the most senior officials in the Iraqi state!
Policy , 2021/04/13 19:57 ,
Readings: 822 Baghdad - Iraq today:Prime Minister Mustafa Al-Kazemi changed the strategy of the governments that preceded him, when he stopped the secret "immunity" that was granted to senior state officials, and allowed for the first time the Iraqi judiciary and oversight bodies to proceed with the follow-up of corruption files that were the cause of political will Therefore, large heads began to fall into the window of the anti-corruption agencies, and "all those involved in corruption files have become concerned," and some political forces can no longer defend their officials or try to prevent the judiciary from pursuing them.
Observer and political analyst Hassan al-Khafaji says to (Iraq Today), "The prime minister is proceeding well with his program designed to combat corruption and stop the corrupt at certain limits. Indeed, we see Al-Kazemi attached his program to this, with a more important step, which is" to lift the political and secret immunity that was set to protect Executives in front of the country.
He pointed out that "this clear government abandonment of any official involved in any file, but encouraged and strengthened the determination of the regulatory bodies in following up the suspended files, and pushed Al-Kazemi to speed up the elimination of corruption to turn around after years of disruption."
A source in one of the supervisory bodies, who refused to reveal his name to (Iraq Today), stated that "the government of Prime Minister Mustafa Al-Kazemi has taken courageous, frank and strong steps towards building preventive measures to prevent corruption from penetrating, not to mention that it does not provide any political or legal protection."
For any party or person that suspicions of corruption may hover around it, so the work in the fight against corruption began to take an accelerated nature, and the huge files such as contract files, energy, electricity and other files began to open boldly and credibly in order to know which money Iraq was spent.He pointed out that "all members of the regulatory bodies and their investigators are beginning to really feel that there is a governmental will to tackle and reduce corruption, and that legal accountability has begun to take its course at work."
He pointed out that "the judiciary has issued dozens of recruitment and arrest warrants and various rulings against senior state officials, current or former, which means that an advanced achievement has been achieved during the past months, and this is a necessary and decisive thing in the fight against corruption."
Political analyst Ali al-Rubaie said, in an interview with (Iraq Today), that "the prime minister's clear approach to tackling corruption had appeared since the first months to combat corruption, and the Diwaniya Order Committee numbered 29 is only one of the products of this unabated war on corruption. ".
"We can now talk strongly about the existence of a government will to pursue major corruption cases and close its destructive windows, as Al-Kazemi did in the two files of the notorious currency auction and the border outlets file," he said.
Parliamentary integrity : We will lift the immunity of any representative involved in corruption cases
20th April, 2021
A member of the Parliamentary Integrity Committee, Youssef Al-Kalabi, confirmed, on Tuesday, that a request has been submitted to Parliament to lift the immunity of any deputy involved in corruption cases, referring to the follow-up of the file of MP Muhammad Karbouli
In a press statement followed by NRT Arabia (April 20, 2021), Al-Kalabi said , “We will follow the issue of whether or not the judiciary sends a request to Parliament to lift the immunity of MP Muhammad al-Karbouli, brother of the imprisoned al-Hal Party president, Jamal al-Karbouli
Al-Kalabi added, "We will submit a request to Parliament to lift the immunity of all MPs who have indications of involvement in corruption files
-
4
-
4
-
-
1 hour ago, 6ly410 said:
The Ministry of Finance reveals how to deal with the errors contained in the Budget Law in numbers
2021-04-20Yes Iraq: Baghdad
The Ministry of Finance announced, on Tuesday, that there were errors in the tables and texts of the 2021 budget announced in the Official Gazette, while indicating its intention to approach the Presidency of the Republic for the purpose of correction.
The ministry said in a statement that “The Ministry of Finance has started auditing procedures for the Federal Budget Law for the year 2021 after the approval of the President of the Republic in accordance with the powers vested in us. / April / 2021, we noticed that there were errors in the tables and texts; The matter that will approach the Presidency Office for the purpose of issuing a correction statement in accordance with the authority granted to them under the provisions of Article (8) of the Publication Law of the Official Gazette No. (78) of 1977.
He added, “Whereas all the errors that were mentioned in the draft project sent by the House of Representatives according to its letter No. 1/9/3022 on 6/4/2021 and sent by the Presidency of the Republic to the Official Gazette according to its book No. 12/4/2021 as shown below:
1 In Article 1 / First / A, the federal budget revenues are estimated for the fiscal year 2021/2021 (101320141984) one thousand dinars, as indicated in Table (A) the revenues are according to the numbers attached to this law
While the table (A) was not amended according to the total revenues referred to above, but rather the total revenues sent by the government project, which amounted to (93159954484) thousand dinars, were retained.
2 Also in Article 2 / First / Expenditures, an amount (129993009291) is allocated one thousand dinars for the year / 2021 of them
Operating expenses (90559139482) one thousand dinars, distributed according to field (1, 2 and 3) of Table (B), expenditures according to the ministries.
While the correct total is (98974139482) one thousand dinars and not (90559139482) one thousand dinars, because the additional operational fields are not included, because the last amount is the sum of the column number (1) field added to it (1882000000) one thousand dinars of the new operational amounts.
3 As for the total capital, it was mentioned within the same law in the amount of (29136869809) one thousand dinars (twenty-nine trillion one hundred and thirty-six billion eight hundred sixty-nine million eight hundred and nine thousand dinars) distributed according to (field / 4 total expenditures) of (table / b) expenditures according to Ministries) and Schedule (E) attached to this law, including the following sums.
While it was mentioned in Schedule (B) prepared by the House of Representatives an amount of (25713294605) thousand yen, and when adding the new additional capital field contained in Table (B) prepared by the House of Representatives, it will be (29136869809) one thousand dinars and that the total amount contained in the table attached to the law sent from Before the government, it is (27757619729) a thousand dinars, which cannot be approved because Parliament has reduced the total capital expenditures, and schedule (E) referred to in paragraph (3) above cannot be approved because the original schedule was not approved by the House of Representatives, but was changed according to Schedule (B).
4 It was also mentioned in the schedule of page (9) regarding Paragraph (III) Deficit 1 = (A +
Total revenues (320141984101) one thousand dinars, which does not match the total of paragraph (A + B), but the correct one is (101320141984) one thousand dinars, and the Presidency of the Republic will be approached For the purpose of issuing the correction statement referred to above
The Ministry of Finance acknowledges the existence of errors in the budget published in the Official Gazette
20th April, 2021
The Ministry of Finance admitted, on Tuesday, that there were errors in the budget published in the Official Gazette.The ministry said in a brief statement, that "the presidency will be approached for the purpose of correcting errors in the budget," noting that "there are errors in the tables and texts of the 2021 budget published in the Iraqi newspaper Al-Waqae'."
-
2
-
6
-
-
3 hours ago, Karsten said:
Now wait a Minute Big is ( . ) ( . )
I Have A Clown Nose (O) And Big Feet !
I’m Lovin’ It ...
-
1
-
2
-
1
-
-
46 minutes ago, horsesoldier said:
Im as confused as I ever want to be with these boobs.
Ok - So Here’s Another One Since They Usually Come In Pairs !
-
2
-
-
49 minutes ago, horsesoldier said:
Im as confused as I ever want to be with these boobs.
And If U Think That Ur Confused With Them - Think About Poor Caitlyn ?
-
11
-
-
5 hours ago, Luigi1 said:
Luigi found this...
Muhammad Salih confirmed, on Monday, that it is not permissible to float the currency in Iraq,
Weegie, U Better Go Break The News To The Little ‘Floatie’ Boy - Kraperoni !
-
1
-
1
-
-
5 hours ago, 6ly410 said:
Advisor Al-Kazemi .. Floating the currency leads to the collapse of the market and warned against its implementation
News source / Sky PressSky Press /
The Prime Minister’s Adviser for Financial and Economic Affairs, Muhammad Mazhar Saleh, confirmed today, Monday, that it is not permissible to float the currency in Iraq, indicating that this leads to the collapse of the market.
Saleh said that "it is not permissible to float the currency in Iraq because the market will collapse in this case," indicating that "the entry and exit of hard currency does not enter the market, which is only an exit for it, but the government is the one that brings this hard currency."
Saleh added, "If the government withdraws its hand, the supply will stop and the demand increases, and therefore the market will collapse."
He pointed out that “the problem in Iraq is that the market is asking and that the state is offering, and in the event that the Central Bank does not sell the dollar, it means that all the supply has stopped and there is no other offer. Because demand will be more than supply. "
He stressed that "the state is the bidder in Iraq, and therefore if the state tends to float, this means that there is no supply and thus prices collapse."
Floating currency is completely liberalizing the exchange rate, so the government or the central bank does not interfere in determining it directly, but rather it is secreted automatically in the currency market through the supply and demand mechanism that allows setting the national currency exchange rate against foreign currencies.
It is noteworthy that some officials talk from time to time on the need to float and liberalize the currency to preserve the hard currency reserves at the Central Bank.
Advisor Al-Kazemi .. Floating the currency leads to the collapse of the market and warned against its implementation
19th April, 2021
The Prime Minister’s Adviser for Financial and Economic Affairs, Muhammad Mazhar Saleh, confirmed today, Monday, that it is not permissible to float the currency in Iraq, indicating that this leads to the collapse of the market.Saleh said that "it is not permissible to float the currency in Iraq because the market will collapse in this case," indicating that "the entry and exit of hard currency does not enter the market, which is only an outlet for it, but rather the government is the one that brings this hard currency."
Saleh added, "If the government withdraws its hand, the supply will stop and the demand increases, and therefore the market will collapse."
He pointed out that “the problem in Iraq is that the market is asking and that the state is offering, and in the event that the Central Bank does not sell the dollar, it means that all the supply has stopped and there is no other offer. Because demand will be more than supply."
He stressed that "the state is the bidder in Iraq, and therefore if the state tends to float, this means that there is no supply and thus prices collapse."
Floating currency is completely liberalizing the exchange rate, so the government or the central bank does not interfere in determining it directly, but rather it is secreted automatically in the currency market through the supply and demand mechanism that allows setting the national currency exchange rate against foreign currencies.
It is noteworthy that some officials talk from time to time on the need to float and liberalize the currency to preserve the hard currency reserves at the Central Bank.
-
1
-
-
22 hours ago, DinarThug said:EXPEDITING AMENDMENTS TO THE OIL AND GAS LAW AND SENDING IT TO PARLIAMENT.
"the government will ACCELERATE THE COMPLETION OF THIS LAW
On 4/18/2021 at 9:45 AM, 6ly410 said:
21 hours ago, NEPatriotsFan1 said:The fact the budgets passed and printed and the next convo oil and gas is a very positive development!
Let’s get this across the finish line and in Ramadan no less!19 hours ago, Longtimelurker said:During Ramadan would fit the "why now" from kim Clements prophesy👍
Let’s Bro !
-
3
-
4
-
5
-
-
On 4/18/2021 at 1:28 AM, DinarThug said:
Parliamentary movement to make amendments to the oil and gas law
04/18/2021 07:47:21The Parliamentary Oil and Energy Committee has opened the cabinet and the Ministry of Oil for the purpose of expediting amendments to the oil and gas law and sending it to Parliament.Committee member Sadiq Al-Sulaiti said, in a press interview, that
the oil and gas law is one of the most important stalled laws,
and the Parliamentary Oil Committee has addressed the Cabinet
and the Ministry of Oil for the purpose of expediting the necessary amendments to this law
and returning it to the House of Representatives for the purpose of advancing its legislation,
indicating that "the law exists in the inclusion of the government that is working on its completion, maturation,
and the treatment of some of its objectionable paragraphs,
and returning it to Parliament for the purpose of initiating its approval.
He added,
"This law is the radical solution to the problems between the center and the region,
as in every budget it will create a crisis in the mechanism for settling oil receivables,
the mechanism for exporting oil and the mechanism for delivering those receivables and other paragraphs that will be subject to political difference,
and may be subject to political auctions as well."
And that "the issue does not go beyond being technical and mathematical,
related to revenues and duties,
and it is supposed to be regulated by law,"
expressing his hope during the coming period and the remainder of the parliament's life,
that "the government will ACCELERATE THE COMPLETION OF THIS LAW and return it to Parliament."
Parliamentary movement to make amendments to the oil and gas law
04/18/2021 07:47:21The Parliamentary Oil and Energy Committee has opened the cabinet and the Ministry of Oil for the purpose of EXPEDITING AMENDMENTS TO THE OIL AND GAS LAW AND SENDING IT TO PARLIAMENT.Committee member Sadiq Al-Sulaiti said, in a press interview, that
THE OIL AND GAS LAW is one of the most important stalled laws, and the Parliamentary Oil Committee has addressed the Cabinet and the Ministry of Oil for the purpose of expediting the necessary amendments to this law AND RETURNING IT TO THE HOUSE OF REPRESENTATIVES FOR THE PURPOSE OF ADVANCING ITS LEGISLATION, indicating that "the law exists in the inclusion of the government that is working on its completion, maturation, and the treatment of some of its objectionable paragraphs, AND RETURNING IT TO PARLIAMENT FOR THE PURPOSE OF INITIATING ITS APPROVAL.
He added, "This law is the radical solution to the problems between the center and the region, as in every budget it will create a crisis in the mechanism for settling oil receivables, the mechanism for exporting oil and the mechanism for delivering those receivables and other paragraphs that will be subject to political difference, and may be subject to political auctions as well."
And that "the issue does not go beyond being technical and mathematical, related to revenues and duties, and it is supposed to be regulated by law," expressing his hope during the coming period and the remainder of the parliament's life, that "the government will ACCELERATE THE COMPLETION OF THIS LAW and return it to Parliament."
4 hours ago, 6ly410 said:Efforts to pass the oil and gas law
News source / PukMediaA deputy from the Patriotic Union of Kurdistan bloc confirmed today, Monday, that there are efforts to approve the oil and gas law in the House of Representatives during the coming period.
Representative Diamond Fadel, a member of the Parliamentary Legal Committee, said during a special statement to PUKmedia : There are efforts to approve the oil and gas law in the House of Representatives during the coming period.
She added: The law exists within the Oil and Gas Committee, and the committee proposed to the Presidency of the Council of Representatives to include the law on the agenda of the upcoming sessions.
MP Almas Fadel pointed to the importance of approving the oil and gas law, because it is an important law and addresses most of the oil problems that Iraq suffers from.
Efforts to pass the oil and gas law
19th April, 2021
A deputy from the Patriotic Union of Kurdistan bloc confirmed today, Monday, that there are efforts TO APPROVE THE OIL AND GAS LAW in the House of Representatives during the coming period.Representative Diamond Fadel, a member of the Parliamentary Legal Committee, said during a special statement to PUKmedia :
There are efforts TO APPROVE THE OIL AND GAS LAW in the House of Representatives during the coming period.
She added: The law exists within the Oil and Gas Committee, and the committee proposed to the Presidency of the Council of Representatives TO INCLUDE THE LAW ON THE AGENDA of the upcoming sessions.
MP Almas Fadel pointed to the importance of APPROVING THE OIL AND GAS LAW, because it is an important law and addresses most of the oil problems that Iraq suffers from.
-
3
-
3
-
-
2 hours ago, 6ly410 said:
Advisor Al-Kazemi .. Floating the currency leads to the collapse of the market and warned against its implementation
News source / Sky PressSky Press /
The Prime Minister’s Adviser for Financial and Economic Affairs, Muhammad Mazhar Saleh, confirmed today, Monday, that it is not permissible to float the currency in Iraq, indicating that this leads to the collapse of the market.
Saleh said that "it is not permissible to float the currency in Iraq because the market will collapse in this case," indicating that "the entry and exit of hard currency does not enter the market, which is only an exit for it, but the government is the one that brings this hard currency."
Saleh added, "If the government withdraws its hand, the supply will stop and the demand increases, and therefore the market will collapse."
He pointed out that “the problem in Iraq is that the market is asking and that the state is offering, and in the event that the Central Bank does not sell the dollar, it means that all the supply has stopped and there is no other offer. Because demand will be more than supply. "
He stressed that "the state is the bidder in Iraq, and therefore if the state tends to float, this means that there is no supply and thus prices collapse."
Floating currency is completely liberalizing the exchange rate, so the government or the central bank does not interfere in determining it directly, but rather it is secreted automatically in the currency market through the supply and demand mechanism that allows setting the national currency exchange rate against foreign currencies.
It is noteworthy that some officials talk from time to time on the need to float and liberalize the currency to preserve the hard currency reserves at the Central Bank.
Advisor Al-Kazemi .. Floating the currency leads to the collapse of the market and warned against its implementation
19th April, 2021
The Prime Minister’s Adviser for Financial and Economic Affairs, Muhammad Mazhar Saleh, confirmed today, Monday, that it is not permissible to float the currency in Iraq, indicating that this leads to the collapse of the market.Saleh said that "it is not permissible to float the currency in Iraq because the market will collapse in this case," indicating that "the entry and exit of hard currency does not enter the market, which is only an outlet for it, but rather the government is the one that brings this hard currency."
Saleh added, "If the government withdraws its hand, the supply will stop and the demand increases, and therefore the market will collapse."
He pointed out that “the problem in Iraq is that the market is asking and that the state is offering, and in the event that the Central Bank does not sell the dollar, it means that all the supply has stopped and there is no other offer. Because demand will be more than supply."
He stressed that "the state is the bidder in Iraq, and therefore if the state tends to float, this means that there is no supply and thus prices collapse."
Floating currency is completely liberalizing the exchange rate, so the government or the central bank does not interfere in determining it directly, but rather it is secreted automatically in the currency market through the supply and demand mechanism that allows setting the national currency exchange rate against foreign currencies.
It is noteworthy that some officials talk from time to time on the need to float and liberalize the currency to preserve the hard currency reserves at the Central Bank.
#############
Warning of its implementation .. Advisor Al-Kazemi: floating the currency leads to the collapse of the Iraqi market LINK
-
7
-
2
-
-
2 hours ago, 6ly410 said:
2021/04/19 12:48- The number of readings 71
- Section : Iraq
War for Obelisk: Iraq's exit from the lists of high-risk countries is a victory for the government and the central bank
http://almasalah.com/ar/news/208221/حرب-لـ-المسلة-خروج-العراق-من-قوائم-الدول-ذات-المخاطر-المرتفعة-يعد-نصرا-للحكومة-والبنك-المركزي
Baghdad / Obelisk: Legal expert Tariq Harb, Monday April 19 2021, considered Iraq’s exit from the British classification of high-list countries as a "political and economic victory" for the government and the Central Bank.
Harb explained in a statement to "Al-Obelisk", that many years have passed since the name of Iraq was included in the lists of high-risk countries, with the consequences of this staircase of great political and economic effects, perhaps the first and most important of which is the impact on investment and the reluctance of non-Iraqi companies to work in Iraq and the effects. The government and the Central Bank of Iraq have made great efforts, especially in the area of their cooperation, by taking the necessary measures regarding money laundering and terrorist financing.
He added: The Iraqi newspaper Al-Waqi’a has hardly been published and has been devoid of publishing international procedures and decisions, especially those issued by the special committee associated with the UN Security Council with regard to combating money laundering, terrorist financing and other charges related to seizing the money of those accused of money laundering and terrorist financing, even if they are not. Iraqis, a higher committee was also established in the Central Bank to combat money laundering and terrorist financing, and these and other measures, such as activating the Anti-Money Laundering and Terrorism Financing Law No. 39 of 2015, was therefore issued Resolution 392 of 2021 including raising the name of Iraq from among the countries with high risks and thus it deserved The government The Central Bank deserved praise and praise for their efforts in raising the name of Iraq from the lists of high-risk countries.
And the Central Bank of Iraq announced, last Sunday, that Iraq was removed from the British classification of high-risk countries.
In a statement, the bank stated that in the framework of the efforts of the Central Bank of Iraq and through the Office of Combating Money Laundering and Terrorist Financing in developing the business environment within the international compliance standards for combating money laundering and financing of terrorism, the British Treasury in the United Kingdom Government Department did not include the name of the Republic of Iraq in the lists. High risk countries according to Resolution No. 392 of 2021.
He added that the United Kingdom adopted the recommendations of the Financial Action Task Force (FATF) in classifying countries with high risks in terms of applying anti-money laundering and terrorist financing standards, after its exit from the European Union countries, and it promised Iraq is committed to keeping pace with and implementing international recommendations.
The fact that Iraq is not included in the list of high-risk countries is positively reflected in facilitating business and entering companies between the two countries, as well as supporting financial operations between the Iraqi banking sector and the United Kingdom
Legal expert: Iraq’s exit from the lists of high-risk countries is a big victory
04/19/2021 09:14:35The legal expert, Tariq Harb, said today, Monday, that Iraq's exit from the lists of high-risk countries is a "major political and economic victory" for the government and the Central Bank.Harb said in a statement that Al-Furat News received a copy of, that "many years have passed on the name of Iraq in the lists of high-risk countries, with the consequences of this staircase of great political and economic implications, perhaps the first and most important of which is the impact on investment and the reluctance of non-Iraqi companies to work. In Iraq, the political and social implications."
He added, "The Al-Kazemi government and the Central Bank of Iraq have made great efforts, especially in the field of their cooperation, by taking the necessary measures regarding money laundering and terrorist financing.
For a while, Al-Waqi’a Iraq has barely been issued and is devoid of publishing international procedures and decisions, especially those issued by the Special Committee. And associated with the UN Security Council in relation to combating money laundering and terrorist financing and other measures related to seizing the money of those accused of money laundering and terrorist financing, even if they are not Iraqis."
He continued, "Also, a higher committee was established in the Central Bank with the mission of combating money laundering and terrorist financing, and these and other measures such as activating the Anti-Money Laundering and Terrorism Financing Law No. 39 of 2015, so Resolution 392 of 2021 was issued including raising the name of Iraq from among the countries with high risks,"The government thus deserved and the Central Bank deserved praise and praise for their efforts in removing Iraq from the lists of high-risk countries."
It is noteworthy that the Central Bank of Iraq announced, yesterday, Sunday, the lifting of the name of Iraq from the British classification of high risk countries.-
2
-
4
-
A strategic partnership between MasterCard and the Central Bank of Iraq to develop payment systems
MasterCard signed a partnership agreement with the Central Bank of Iraq to digitize the payment systems in the country, in a move aimed at enhancing financial inclusion, advancing social and economic development, reducing the risks of the shadow economy, and accelerating progress towards a cashless society
The partnership aims primarily to build an efficient, reliable and secure payment system, which will start with the education sector and then expand to other sectors
Not only will this reduce the use of cash, enhance digital payments and increase government revenues, but also overcome significant operational and administrative deficiencies in the education sector by reducing the excessive use of manual processes
It is noteworthy that the population of Iraq, of 40 million, depends on cash payments on a large scale, as these payments are used in 99.8% of personal consumption spending transactions that amounted to $ 122 billion in 2019
However, this does not reduce the great opportunities available for digital transformation, as the country has a large smartphone penetration rate of up to 70%, and 22% of the population falls within the category of tech-savvy youth between the ages of 15 and 24
In addition, most students' parents and guardians have limited options for payment methods, as the majority of students use cash for all their payments.
In light of the fact that parents or students do not have bank accounts, or do not use online payment services, it is very important to work to encourage a change in the way school fees are paid, which will positively affect the payments system and the economy as a whole
Commenting on the partnership, Mrs. Doha Abdel Karim Mohamed said; Director General of the Payments Department at the Central Bank of Iraq:
The work that MasterCard has done in Iraq over the past few years has left a noticeable impact on the country's financial services sector and greatly enhanced levels of financial inclusion. We, in the Central Bank of Iraq, are fully aware of the vital role that the digital economy plays at this stage, especially enabling the formal economy to grow through a new payment system that is transparent, simple and effective. We also look forward to working with MasterCard to advance the digital transformation process in Iraq, starting with the education sector
”Khaled Al-Jabali, Regional President of MasterCard for the Middle East and Africa, said:“ Establishing a digital payments system is very important because it encourages economic development and contributes to Reducing the use of cash and the shadow economy as well.
Our work with the Central Bank of Iraq focuses on improving the efficiency of the economy as a whole, starting with educational institutions, by giving students, families and merchants a safer, easier and more comfortable way to payThe partnership between MasterCard and the Central Bank of Iraq is an important shift that allows the development of an integrated digital payment system that covers the basic pillars of the economy in Iraq, including the use of public policies and systems to curb the shadow economy, the comprehensive modernization of the payments system, and the digitalization of key value chains
These measures include government revenues and payments, consumer spending, as well as business purchases and salary
payments-
3
-
2
-
2
-
-
1 hour ago, ronscarpa said:
*** Breitling *** Let's say you live in Iraq and you buy a coke
*** Pimpy ***
*** Mnt Goat ****** Kaperoni ***
Ok, So If U Just Want The Cliff Notes - I Think That Breitling Said Pimpy Bought Some Coke From A Goat And Then ‘Floated’ A Massive Kraperoni !
What Do Ya Think Captain Ron ...
-
2
-
6
-
-
General Electric affirms its commitment to support Iraq with the latest technologies, global expertise and large investments
04/18/2021 11:28:58The CEO for Europe, the Middle East and Africa at General Electric Gas Energy, Joseph Anis, announced the company's commitment to support Iraq with the latest technologies, global expertise, experienced local talents, and large investments in the development efforts of the community.
"The company is working tirelessly to achieve tangible results that improve the lives of the Iraqi people, and today we are pleased to announce the start of work on all four turbines," Anis said in a speech during the opening ceremony of the Prime Minister Mustafa Al-Kazemi's power plant. At the Samawah station, after it was handed over to the Ministry of Electricity."He added, "The station, which is one of the first electric power stations in the production sector in Al-Muthanna Governorate since 1975, where work was done to install four 9E gas turbines and operate them within the first phase of the project, enabling the station to generate 500 megawatts in a simple cycle." Pointing out that "at the present time the electric energy is transmitted through the transfer station to Samawah and the surrounding areas."
He continued, "General Electric Company formed an important role in supplying the necessary electric power to the country through its construction of a group of generating and transforming stations, and it is still working to supply the system with new cards based on agreements and contracts it signed with the Ministry and within time limits."
He stressed that "in view of the future and the ruling need for energy demand, and in keeping with the growing demand, the ministry's cadres are making unremitting efforts to implement the second phase of the Samawah plant, and convert it to work in combined cycle to be able to generate 750 megawatts of energy to feed the national grid."
"The company realizes the need to exert more effort to meet the growing demand for electric power in the country, and affirms to move forward in its commitment to support Iraq with the latest technologies, global expertise, experienced local talents, and major investments in the development efforts of the community," Anees said.-
2
-
-
March 24, 2021
Top 12 Most Expensive World Currencies - 2021 Edition
Ever thought about what is the highest currency in the world today?
Most likely, you’re thinking now about British Pound, US Dollar, or Euro… Well, guess again.
There are at least a few currencies with a higher value than these three.
We’ve put together a list of the top 12 world’s highest-valued currencies in 2021 compared to the US Dollar and Euro.You’ll be surprised to learn that being the most widely traded, USD is not even in the middle of the list, but almost at the end of it.
And if you want to see the flip side, compare this list to the top 10 of the weakest world currencies to see the significant differences.
Highest Currency Ranking
So, which country has the highest currency value? Let’s start with a quick recap of the most valuable currencies rating to get the entire picture:
# Currency Currency сode USD conversion rate EUR conversion rate 1 Kuwaiti Dinar KWD 3.31 USD 2.77 EUR 2 Bahraini Dinar BHD 2.66 USD 2.23 EUR 3 Omani Rial OMR 2.60 USD 2.18 EUR 4 Jordanian Dinar JOD 1.41 USD 1.18 EUR 5 British Pound Sterling GBP 1.38 USD 1.16 EUR 6 Cayman Islands Dollar KYD 1.22 USD 1.02 EUR 7 European Euro EUR 1.19 USD 1 EUR 8 Swiss Franc CHF 1.08 USD 0.91 EUR 9 US Dollar USD 1 USD 0.84 EUR 10 Canadian Dollar CAD 0.80 USD 0.67 EUR 11 Australian Dollar AUD 0.77 USD 0.65 EUR 12 Singapore Dollar SGD 0.74 USD 0.62 EUR
And now, we'll get a closer look at each currency and find out what makes them so highly valued.
#1 – Kuwaiti Dinar ($3.31)
Currency code – KWD
Kuwaiti Dinar rates:
1 KWD = 3.31 USD (Kuwaiti Dinar to US Dollar)
1 KWD = 2.77 EUR (Kuwaiti Dinar to Euro)Today, Kuwaiti Dinar is the highest-valued currency in the world, estimating at $3.31 per Dinar. Such a high value is explained by Kuwait's stable economy and significant oil exports into the global market, producing almost 95% of the country's revenue.
According to the estimates, about 9% of the global oil reserves are located on its territory. Petroleum production here is the easiest and, therefore, the cheapest among other countries.
Besides, Kuwait is a tax-free country with a very low unemployment rate.
All of this makes it rank 8th in the list of countries with the highest GDP per capita.
Kuwaiti Dinar was first introduced in 1961 after the country gained its independence from the United Kingdom and was initially equivalent to one Pound Sterling.
Since 2003 the currency was pegged to the US Dollar, but in 2007 the government decided to peg the Kuwaiti Dinar to the weighted currency basket.
........................... CONTINUES .........................
-
4
-
2
-
-
6 hours ago, 6ly410 said:
The most recent information regarding the region’s share in the financial budget
News source / PukMediaToday, Sunday, 4/18/2021, Al-Waqi’a Official Gazette published the fiscal budget law for 2021, and it will be effective as of the date of its issuance.
Representative Nada Shaker Jawdat, a member of the Parliamentary Economic Committee, said in a statement to PUKmedia : The financial budget law has entered into force by publishing it in the Iraqi newspaper Al-Waqa'yat, explaining that the budget disbursement mechanism is one of the tasks of the federal government.
She added: The Kurdistan Region’s share will also be disbursed similar to the benefits of all governorates, including the salaries of employees.
For his part, Shirwan Misra, a member of the Parliamentary Finance Committee, said to PUKmedia : A technical delegation from the Kurdistan Region should go to Baghdad to discuss with the Federal Ministry of Finance, to resolve the details of the Kurdistan Region’s share, pointing out that the talks will determine the amount that Baghdad sends to Erbil.
It is noteworthy that, according to the federal budget law for the year 2021, the Kurdistan Regional Government must hand over 460,000 barrels of oil per day and half of non-oil imports to the federal government, including 210,000 barrels to pay the dues of oil companies and internal use, and deliver 250,000 barrels to SOMO for export. Oil, in exchange for the federal government sending the Kurdistan Region’s share of 13.9% of the budget, or about 11 trillion dinars
The most recent information regarding the region’s share in the financial budget
18th April, 2021
Today, Sunday, 4/18/2021, Al-Waqi’a Official Gazette published the fiscal budget law for 2021, and it will be effective from the date of its issuance.Representative Nada Shaker Jawdat, a member of the Parliamentary Economic Committee, said in a statement to PUKmedia :
The financial budget law has entered into force by publishing it in the Iraqi newspaper, Al-Waqi’a, explaining that the budget disbursement mechanism is one of the tasks of the federal government.
She added: The Kurdistan Region’s share will also be disbursed similar to the benefits of all governorates, including the salaries of employees.
For his part, Sherwan Mezra, a member of the Parliamentary Finance Committee, said to PUKmedia :
A technical delegation from the Kurdistan Region should go to Baghdad to discuss with the Federal Ministry of Finance, to resolve the details of the Kurdistan Region’s share, pointing out that the talks will determine the amount that Baghdad sends to Erbil.
It is noteworthy that, according to the federal budget law for the year 2021, the Kurdistan Regional Government must hand over 460,000 barrels of oil per day and half of non-oil imports to the federal government, including 210,000 barrels to pay the dues of oil companies and internal use, and deliver 250,000 barrels to SOMO for export.
Oil, in exchange for the federal government sending the Kurdistan Region’s share of 13.9% of the budget, or about 11 trillion dinars.-
3
-
Mr. Sadr tweets on the budget and warns
in Iraq & Dinar Related News
Posted · Edited by DinarThug
LINK
Postponing the parliamentary session to next Thursday
20th April, 2021
The Presidency of the House of Representatives decided, on Tuesday, to postpone the session scheduled for today until next Thursday.
A representative source said in an interview with Mawazine News that "the Presidency of the Council decided to postpone holding the Parliament session until next Thursday."
He added, "The reason for the postponement is that there is no quorum to hold the session."