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Here's some articles of Dinarian interests...E Erbil Agreement Paves The Way Passing Budget Law. Treat as rumors. Not verified. Your opine. TNT via Tishwash: SOMO Director: Kurdistan Oil Export Agreement Will Ensure Implementation Of Budget Law & Its Amendments. ARTICLE: The State Oil Marketing Organization (SOMO) confirmed that the mechanisms of the upcoming agreement to export the region's oil will ensure the implementation of the Budget Law & its amendments. The Director General of the State Oil Marketing Organization (SOMO), Ali Nizar, said in a statement to the National Iraqi News Agency ( NINA ), that "there are great efforts by the Ministry of Oil to conclude the oil agreement with the Kurdistan region & this is not a new agreement, but it guarantees the establishment of an effective mechanism for implementing the General Budget law & its amendments." He pointed out that "the Ministry of Oil and Natural Resources in the region is also making efforts to complete this mechanism & implementation is proceeding quickly." He explained, "The government will soon announce the launch of the mechanisms after the official signing of this agreement & everything is ready for us, awaiting the pumping of oil to be exported through the Turkish port of Ceyhan. We are also optimistic that these mechanisms will lead to the pumping of oil from the region under the supervision of SOMO." He added, "The recent Cabinet decisions outline a clear mechanism to guarantee the rights of producing companies & Iraq's revenues from this export, which is awaiting permission to begin pumping," indicating that "all the procedures by the Ministry of Oil, the Oil Marketing Company & the Ministry of Natural Resources in the Kurdistan Region & the strict mechanisms put in place to implement the Budget Law & its amendments, would have begun the pumping process a long time ago." Tishwash: Baghdad Awaits The Most Prominent Economic Event: The "Iraq Investment Forum", Promising Opportunities & Development Goals. The capital, Baghdad, is preparing to host the most prominent economic event (Iraq Investment Forum) on Saturday & Sunday, under the patronage of PM Mohammed Shia Al-Sudani, under the slogan (Invest in Mesopotamia), which is organized by the Iraqi Economic Council in partnership with the Nat'l Investment Commission, under the direct supervision of the PM's Office. The forum, which has been postponed more than once due to the circumstances & events that the region has gone through, will witness the participation of major Arab and foreign companies, with a distinguished presence of relevant institutions & organizations, as it represents an important event to showcase ready investment opportunities for various economic sectors provided by the Nat'l Investment Commission, a number of ministries & investment agencies in the governorates & the private sector. The forum's agenda also includes main axes and direct dialogue sessions to shed light on the measures supporting the investment environment & promising projects & the role that Iraq plays regionally & globally in the energy, industry, agriculture, trade & transportation files. The forum will also include a presentation on the Strategic Development Road project & its developmental & economic objectives & the sustainable investment & development opportunities it includes, as well as the announcement of the second phase of new city projects, which will provide more than (150) thousand housing units in integrated residential cities in several Iraqi governorates. In addition to presenting more than (160) investment opportunities in various sectors, including "oil and gas, energy, renewable energy, health, pharmaceutical industries, food & manufacturing industries, transportation, heavy and medium industries, tourism, hotels, entertainment, higher education, scientific research, housing & real estate development, the agricultural sector & animal production, the industrial cities sector & free trade zones." Tishwash: President Rashid at UNGA 80: Iraq Restores International Standing. President of the Republic of Iraq, Dr. Abdullatif Jamal Rashid, addressed the 80th Session of the United Nations General Assembly in New York, affirming Iraq’s restored role on the int'l stage and outlining the country’s vision for peace, development & regional stability. President Rashid highlighted Iraq’s leadership as current chair of both the Arab Summit & the Group of 77 and China, noting the country’s active participation in organisations such as OPEC, the Non-Aligned Movement & the Organisation of Islamic Cooperation. He underlined that Iraq is once again a constructive partner in int'l & regional affairs. President Rashid announced that Iraq is preparing for its 6th parliamentary elections, consolidating the process of peaceful power transfer, which he described as a “bright example” in the region. He reaffirmed Iraq’s democratic path, commitment to free & fair elections & readiness to host int'l or regional UN offices as part of strengthening cooperation. On security, President Rashid recalled Iraq’s successful fight against terrorism, stressing that global efforts must hold accountable all parties who finance or support extremist groups. He also urged collective implementation of UN Security Council resolutions on counter-terrorism. Addressing humanitarian issues, President Rashid said Iraq continues to prioritise the safe return of displaced persons to liberated areas, while requiring int'l assistance to rebuild devastated cities. He underscored the importance of protecting minorities such as Yazidis & Christians & ensuring their right to live securely in their ancestral lands. Turning to economic & development matters, Iraqi President said the country is pursuing reforms & diversifying its economy beyond oil, with significant investment opportunities in energy, water, electricity, agriculture, industry & infrastructure. He called on the int'l community to support Iraq in recovering smuggled funds & expanding partnerships. On environmental challenges, President Rashid warned that Iraq is among the countries most severely affected by climate change, citing desertification, water scarcity, and intensifying dust storms. He outlined Iraq’s efforts to develop renewable energy, improve water management & cut carbon emissions, while urging stronger international cooperation, particularly with upstream countries on fair water-sharing agreements for the Tigris and Euphrates rivers. President Rashid also used the platform to reaffirm Iraq’s principled foreign policy. He called for an immediate end to the suffering of Palestinians, condemning ongoing aggression in Gaza & other violations of sovereignty in the region. He renewed Iraq’s support for the establishment of an independent Palestinian state as the only path to lasting peace in the Middle East. On regional stability, he rejected the use of Iraqi airspace for military operations & stressed the need to keep the Middle East free of weapons of mass destruction, while supporting the peaceful use of nuclear energy under international oversight. He also reiterated Iraq’s readiness to foster dialogue among regional powers & promote cooperation instead of conflict. Concluding his speech, President Rashid declared: “Iraq’s message is clear: We are not asking for sympathy, but for partnership – a partnership to heal our land, secure our rivers, achieve our security, empower our youth & unite our region rather than divide it.”

Here's some articles of Dinarian interests... The Budget Law Is Subject To Ammendments. Treat as rumors. Not verified. Your opine. KTFA via Clare: The Iraqi Budget Law Is Subject To Political & Economic Amendments On Tuesday. ARTICLE: The Finance Committee of the Iraqi Council of Representatives revealed, on Sunday, the details of amending the Budget Law included on the agenda of next Tuesday's session. The agenda of the House of Representatives for Tuesday included the 1st reading of the draft law amending the 1st law of the Federal Budget Law of the Republic of Iraq for the fiscal years (2023, 2024, 2025) No. (13) of 2023. Regarding these amendments, the committee member, MP Jamal Kocher, told Shafak News Agency, "The amendment to the Budget Law includes one paragraph, which is the cost of producing oil in the Kurdistan Region. The previous amount was very small & after studying & discussing between the federal government & the regional government, they reached the conclusion that the estimate should be immediate to address & solve the problem & it should be (16) Dollars per barrel, until the final answer is obtained from the advisory committee specialized in determining production costs in coordination with the regional government & production companies operating in the fields." Kocher added, "This amendment aims to solve the problem & re-export the Kurdistan Region's oil to the Turkish port of Ceyhan. There is a political agreement on this & the political agreement stressed the necessity of solving this problem. Without the political agreement, this amendment would not have been presented in the House of Representatives & it will be passed according to this agreement without any obstacles within the parliament regarding this increase." For his part, member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, explained that the paragraph amending the General Budget Law will be limited to Articles 12 & 13 related to the Kurdistan Region’s oil exports & revenues. Al-Kadhimi explained that "Article 12, which will be amended in the Budget Llaw, relates to the costs of producing & transporting oil in the region, as the costs of producing oil differ in Basra & are calculated at $6 per barrel, while in the Kurdistan Region they are calculated at $20." He pointed out that "Article 13 of the Budget Law, which will witness amendment, relates to the region's oil exports & its export via the Turkish port of Ceyhan." Al-Kadhimi pointed out the importance and emphasis on amending the Budget Law & voting on it before the end of the current legislative session, especially since the extended session will end on December 9. Clare: Artificial Intelligence In Iraq.. Expected Projects With The Digital Cooperation Organization. Iraqi PM Mohammed Shia al-Sudani confirmed on Sunday that artificial intelligence and digital transformation are the focus of administrative & economic reforms in the country, while the Secretary-General of the Digital Cooperation Organization praised these efforts. His media office said in a statement received by Shafaq News Agency that Al-Sudani received today the Secretary-General of the Digital Cooperation Organization, Dima Al-Yahya, where the meeting witnessed discussions on Iraq's progress in the field of digital transformation, within a comprehensive strategy for digital business & artificial intelligence, in line with the government's ambitions & the growing international requirements in this field. During the meeting, Al-Sudani stressed that the government has laid the foundations for digital transformation & has worked on this file in more than one path and included it in administrative & economic reforms & what is related to electronic payment, explaining Iraq's ability to develop this sector & achieve a qualitative shift in it, in addition to openness to cooperate with the organization in finding projects that serve Iraq & the region, within the framework of digital transformation & artificial intelligence. For her part, Dima Al-Yahya praised Iraq’s development in the digital field & the ongoing qualitative shift, which creates a suitable environment for a number of projects that the organization intends to implement inside Iraq. She stressed the organization's readiness to enter into projects that serve the government's plans for digital transformation & that have real benefits for the human resources that Iraq possesses & benefit from the available material resources & the high desire & readiness.

Here's some articles of Denarian interests... Implementation Of The 2024 Budget Is Proceeding Smoothly. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: PM’s Advisor: Implementation Of The 2024 Budget Is Proceeding Smoothly. ARTICLE: The Parliamentary Finance Committee is expected to discuss the 2025 budget next November, amid a general trend to pass it easily and not amend it significantly, while the Prime Minister’s Advisor for Financial Affairs, Dr. Mazhar Muhammad Salih, stated that the 2024 budget that entered into force had a “precautionary deficit” of about 64 trillion dinars. Salih said, in an interview with “Al-Sabah”: The average Iraqi oil sales for 2024 were estimated at no less than $75 per barrel, noting that the general financial need for “bridge loans” (which are short-term loans) to address the possibility of a deficit may not exceed 10 trillion dinars in all cases, which are borrowing amounts permitted under Law No. 13. The financial advisor added that the country’s “financial life” in 2024 is proceeding smoothly, wondering, otherwise how did the Ministry of Finance issue 2024, in cooperation with the Central Bank of Iraq, “achievement bonds” for public subscription. Saleh explained that these bonds are denominated in Iraqi dinars and come in multiple categories, including a category of 500,000 Iraqi dinars for two years with an annual return of 6.5%, indicating that these bonds are a safe investment, as the government is committed to paying the annual interest on them, and they are an integral part of bridging the deficit in the general budget for the year 2024, which means that they will come into effect. In turn, economic researcher Ziad Al-Hashemi warned in an interview with “Al-Sabah” that the 2024 budget is facing pressures in terms of limited liquidity, noting that this has caused the government to be unable to spend the capital or investment budget, and to direct liquidity exclusively towards the operating budget. Al-Hashemi continued that this mechanism has disrupted the implementation of the government’s development and service programs and has significantly disrupted them, expecting the deficit in the 2025 budget to increase with the decline in oil prices, below $70 as a result of the decline in global demand for oil. He expected that it would cause financial hardship and a weakening of the ability to spend if the decline in oil revenues continued for periods exceeding two quarters, indicating that the hardship might force the government to return to borrowing internally and externally, in the hope that oil prices would rise again in the near future. Iraq Exports More Than 5 Million Barrels Of Oil To America Last September. The US Energy Information Administration announced on Tuesday that Iraq’s oil exports to the US amounted to more than 5 million barrels during last September. The administration said in a table seen by Shafaq News Agency, “Iraq exported 5.970 million barrels of crude oil to America during the month of September, up from 5.741 million barrels in August.” She added that “Iraq exported an average of 222 thousand barrels per day of crude oil to America during the first week of September, while it exported an average of 155 thousand barrels per day in the second week, and exported an average of 265 thousand barrels per day in the third week,” noting that “the exports of the fourth week reached an average of 152 thousand barrels per day.” The US Energy Information Administration stated that “Iraq came in fifth place in its exports to America during the past month, after Canada, which came in first place as the largest oil exporter to America, followed by Mexico, Saudi Arabia, and Colombia. Government Advisor Prefers Maximizing Non-Oil Revenues By 2024. The Prime Minister’s Economic Advisor, Mazhar Muhammad Salih, preferred, on Tuesday, to maximize non-oil revenues for the year 2024 compared to previous years. Mazhar said in a statement to Al-Maalouma Agency, “Maximizing non-oil revenues stipulated in the government’s program for financial reform, which calls for raising the contribution of non-oil revenues to 20% of total annual revenues compared to the previous low rates.” He added, “The development of oil and non-oil revenues (at the semi-annual level) between 2023 and 2024 showed a distinctive growth in revenues in general and non-oil revenues in particular.” He added, “The main objective of this conservative financial planning is to secure spending priorities in the country’s general budget, most notably government salaries and wages, retirement pensions, social care, and development projects that are a priority in sustainable development.”

Here's some articles of Dinarian interests... Parliament session to be extended to get the Budget done. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: A Thousand Dinars Every Month. Expert Predicts The Shape Of The Final Journey Of Dollar Prices. ARTICLE: The economic expert, Farman Hussein, expected the continued decline of the Dollar’s ER against the Iraqi Dinar until it reaches the official rate of the CBI. The CBI sells the Dollar at a price of 1,320 Dinars, while the Dollar is currently trading in the local markets in Baghdad & the governorates & in what is known as the “parallel market,” at 1,470 Dinars or a little more. Hussein told “Baghdad Today” that “the efforts of the government & the CBI were important in strengthening dependence on the Dinar & quashing rumors that were promoting a significant rise in the price of the Dollar & its crossing the barrier of 200 thousand Dinars for every 100 Dollars.” He added, “The government erased fears of the rise of the Dollar & increased reliance on the Dinar & the current demand for the Dollar is only for those in need. FROM OTHER SOURCES: “The Deficit Is Very Large.” Parliamentary Finances Condition The Extension Of The Legislative Term On The Arrival Of The Budget Schedules. ARTICLE: On Wednesday, the Parliamentary Finance Committee conditioned the extension of the current legislative term on the arrival of the 2024 budget schedules to Parliament, which it said was “very large.” The current legislative term is scheduled to end next Thursday, corresponding to May 9, 2024. Member of the Parliamentary Finance Committee, Muhammad Nouri, told Shafaq News Agency, “The legislative term of the House of Representatives does not end if the Budget Law reaches the Council & the term remains continuous until it is approved.” He explained, “The current legislative term will end on May 9, 2024 & if the budget schedules reach Parliament next week, the Presidency of the Council will extend the legislative term.” Nouri added, “If the budget schedules do not reach Parliament, the legislative term of the Parliament will end on time.” Nouri described the deficit percentage in the Budget tables as “very large,” pointing out that “amendments will be made to the Budget tables if they reach Parliament in order to reduce the deficit percentage to 50%.” The Council of Ministers was scheduled to vote in yesterday’s session, Tuesday, on the Budget Schedules for the year 2024 & send them to Parliament, according to what was announced by the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, but the Council did not include that on its agenda. The statement from the office of PM Muhammad Shiaa Al-Sudani during yesterday’s session did not include any details about the 2024 Budget Schedules. Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, agreed yesterday, Tuesday, with the PM, Muhammad Shiaa Al-Sudani, on the necessity of completing the schedules of the Budget Law for the year 2024 & expediting sending them to the House of Representatives for the purpose of discussing & voting on them.

Tlm724 Administrator Bondlady’s Corner: The Tripartite Budget Instructions Come Into Effect After Being Published In The Gazette. ARTICLE: Today, Monday, the Iraqi Al-Waqa’i newspaper published the tripartite budget instructions that have entered into force. “The instructions of the Tripartite Budget Law have been published in the Official Gazette,” Hanan Munther Nassif, Director General of the Iraqi Facts, told the Iraqi News Agency (INA). She added, “The instructions have entered into force.”

Here's two articles of Dinarian interests... Budget Law to Be Implemented into action. Dradt HCL to be discussed (more talk). Treat as rumors. Not verified. Your opine. From Another Source: An Expanded Meeting To Discuss The Draft Oil& Gas Law Money & Business. ARTICLE: The Ministry of Oil announced the holding of an expanded meeting to discuss the draft oil & gas law, while confirming that it came out with recommendations. He stated, in a statement received by a news service, that “based on the package of legislative reforms that came in the government curriculum, specifically what came in the twenty-third axis regarding the preparation of the draft oil & gas law & based on the directive of the PM, Muhammad Shia’a Al-Sudani, to expedite the completion of this project & with the participation of all. The relevant parties in this strategic national project, a meeting was held today in the presence of the two deputy prime ministers (Minister of Foreign Affairs – Minister of Oil), the delegation of the region, the governors of the oil-producing provinces, the prime minister’s advisors & the leadership cadre in the Ministry of Oil. KANDYKISSES: Budget To Be Implemented. Article: “Parliamentary Finance: The budget will be implemented during the current week” Quote: “And the Parliamentary Finance Committee confirmed earlier that the federal budget law for the next three years will enter into force during the next few days, pointing out that sub-committees have been formed to monitor exchange operations.”

Here's an article from Dinarland of interests... The Government Has No Intention Of Challenging The Budget, Yet. It's on to the Gazette in 15 days. Treat as a rumor. Not verified. Your opine. From Another Source: Al-Sudani’s Political Advisor: The Government Has No Intention Of Challenging The Budget, Yet. ARTICLE: Al-Mulla Jiyad, advisor to the Prime Minister for Political Affairs, ruled out the existence of the federal government’s intention to challenge the tripartite financial Budget Law approved by the Iraqi parliament, but he revealed that there are financial burdens in it that will be dealt with later. Jiyad said in a press statement today, that “there is no intention to challenge the Budget Law so far,” adding, “But there are financial burdens & the Council of Ministers will discuss them & I expect that the Budget Law will be passed without an appeal, or there will be an appeal in one or two articles at most.”

Here's an article of Dinarian interests... Today: Al Sudani Is Ready To Sign The Budet Law. Parliament has two weeks to appeal the Budget Law. If not, it goes to Gazette to be made official. Treat as a rumor. Not verified. Your opine. From Other Sources: The Parliamentary Finance Committee Announces The Arrival Of The Federal Budget Law To The Presidency Of The Republic. ARTICLE: Today, Friday, the Parliamentary Finance Committee announced the arrival of the budget law to the Presidency of the Republic. The head of the committee, Representative Atwan Al-Atwani, said in a statement: “The budget law has reached the Presidency of the Republic for approval.” Last Monday, the House of Representatives voted on the general Budget Law. What If The President Of The Republic Does Not Approve The Budget? What Is The Issue Of The 15 Days? Today, Friday, legal expert Salem Hawass clarified the mechanism for approving the federal Budget Law in the event that the President of the Republic does not sign it.

Here's an article of Dinarian interests... Some items in 2023 Budget are still in dispute. Treat as a rumor. Not verified. Your opine. From Other Sources: The Parliamentary Finance Committee Confirmed, On Wednesday, That Most Of The Budget Items Have Been Decided In Preparation For A Vote On It. ARTICLE: The Parliament’s media department said in a statement, “The Finance Committee, chaired by Atwan Al-Atwani & in the presence of its members, resumed a meeting to resolve some technical matters related to the federal general Budget Law, in preparation for submitting it to the House of Representatives.” He explained, “The committee decided to visit a delegation of its members to the Ministry of Finance to view the files that need clarification, in addition to resolving the file of lecturers & contracts after 10/2/2019 & the rest of the groups in order to adapt their conditions.” He added, “During the meeting, it hosted the head of the Martyrs Foundation, Abdul-Ilah Al-Naili, regarding the work of the commission & its budget, while Al-Naili reviewed a vision about the foundation’s needs for financial allocations for the implementation of projects for the foundation’s development & social programs.” He continued, “A number of proposed items & materials were discussed in order to ripen them in a way that contributes to maximizing revenues, investing resources for the state treasury, establishing projects, as well as supporting farmers who use modern irrigation systems & voting on them.”

Luigi found this article of Dinarian interests... There will be no 2022 Budget Law without GOI. Parliament is powerless to pass laws. Treat as a rumor. Not verified. Your opine. Bondlady’s Corner: Parliamentary Finance Clarifies The Possibility Of Parliament Authorizing The Government To Send The 2022 Budget. ARTICLE: Sunday, August 14, 2022 11:56 AM National News Center / Special Today, Saturday, Parliamentary Finance revealed the possibility of parliament authorizing the current government to present the draft general budget law for 2022. A member of the Parliamentary Finance Committee, Jamal Kougar, said in a statement to the National News Center that “the House of Representatives does not have the authority to authorize the government to send the budget law for 2022,” noting that “if it had this authority, it would have gone to legislate the budget law instead of the food security law.” “.

Luigi found this article of Dinarian interests... What's going on around here? Where the Gurus right all along? Budget Law passed, then was hidden. The exchange rate was hidden all this time. Quality high notes destroyed in quantities. Treat as a rumor. Not varafied. Your opine. 2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that THE 2020 BUDGET LAW HAS APPARENTLY BEEN HIDDEN SINCE Oct 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. the GOI is hiding something. So is the CBI. They Are Hiding The 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence The Exchange Rate Was Hidden All This Time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, They Destroyed Good Quality Notes In Massive Quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. VIDEOS...Showed The Money Being Destroyed & Them Having Been Given Orders To Complete The Monetary Reforms, All Support That We Are Waiting On The CBI To Show The Exchange Rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in.