Spartakus
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Diary of an Iraqi citizen in the time of the dollar
Spartakus replied to 6ly410's topic in Iraq & Dinar Related News
When 1 dinar equaled 3 US dollars suni were in charged big difference. -
Parliamentary Finance: Passing the 2024 budget will be easy
Spartakus replied to 6ly410's topic in Iraq & Dinar Related News
Didn't parliament passed a three year budget? -
A government advisor announces the entry into force of the 2024 budget 1/1/2024 The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, announced today, Monday, that the 2024 budget has entered into force. Saleh said {to Al-Furat News} that: “The federal general budget issued pursuant to Law No. 13 of 2023 is a tripartite budget, that is, it was enacted for three years, and therefore the entry into the new fiscal year 2024 has been automatic from today.” He explained, "This is based on the adoption of the federal general budget for the year 2024, and the 12/1 exchange rule does not currently exist in accordance with the amended Financial Management Law No. 6 of 2019 until the beginning of the year 2026 if the financial situation at that time requires its application." Saleh added, "This rule, i.e. disbursement 12/1, also depends on the timing of the 2026 budget legislation." From: Raghad Dahham LINK This is the article, I don't think that this "... 12/1 exchange rule...." has anything to do with exchange rate.
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IMF Staff Concludes Staff Visit with Iraq
Spartakus replied to 6ly410's topic in Iraq & Dinar Related News
6ly410 is on fire!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I totally agree with my brother, but I would not buy a single dinar more than what I have. No, regardless of positive articles pointing to an exchange rate by 1/1/2024. -
The general budget enters the "appeals" department
Spartakus replied to yota691's topic in Iraq & Dinar Related News
The dinar isn't stronger at 1300 per $100 like the PM had said a few times, we wait and see.