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Found 21 results

  1. Here's an article of Dinarian interests... Finance Launches Financing The Operating Budget. Parts of 2024 Budget are now being spent. Treat as a rumor. Not verified. Your opine. From Other Sources: Finance Launches Financing The Operating Budget. ARTICLE: Al-Sabah Finance Minister Taif Sami said that the salaries of employees for the year 2024 are fully insured & that the ministry has launched the operational budget & has also conditional the release of the salaries of the region’s employees for the current month on submitting lists of their names. Sami stated, during her meeting with the Finance Committee of the House of Representatives, yesterday, Monday, that “the employees’ salaries for the year 2024 are fully insured,” stressing that “the release of the salaries of the region’s employees for the current month is subject to the submission of lists of names & we have stipulated nationalization in order to disburse them during the coming months.” She added, "The Ministry has begun launching funding for the operational budget," noting that "the 2024 budget schedules will soon be sent to the Council of Ministers for approval & sending them to Parliament." For his part, Chairman of the Finance Committee, Atwan Al-Atwani, said: “It was agreed with the Minister of Finance to keep the paragraphs of the 2023 Budget related to appointments & contracts active & implement them during 2024.” The Parliamentary Finance Committee announced, earlier yesterday, Monday, the hosting of Finance Minister Taif Sami to discuss the financing file and other important files. Meanwhile, the spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said: “Work is continuing to complete the 2024 budget schedules in coordination with the Ministries of Finance & Oil and the relevant authorities, so that they will be discussed soon by the government & then sent to the House of Representatives.” He explained, "The budget tables include the volume of revenues for the year 2024 & the volume of expenditures in their operational & investment aspects."
  2. Here's an article of Dinarian interests... Projects Can Only Be Released After Parliament Votes On Budget Tables. Treat as a rumor. Not verified. Your opine. TNT via CandyKisses: Parliamentary Finance: Funds For 2024 Projects Can Only Be Released After Parliament Votes On Budget Tables. ARTICLE: Finance Committee confirmed that it is not possible to disburse funds for new projects within the year 2024 until after Parliament votes on the current year's budget tables. Committee member Jamal Kojar told Shafaq News Agency that "the 2023 budget continues to spend, while the 2024 budget needs tables to be voted on in the House of Representatives." LUIGI's OPINE: Everything is not done. Iraq sovereignty will not bring us the RV-RI. The Budget, the Economic Reform Laws & HCL are always getting approved only to be kicked back & voted on again & again with new amendments. Something has to happen to get GOI to vote, approve & enact these critical laws before anything will happen with this RV-RI. IMHO.
  3. Here's some articles of Dinarian interests... Date set to approve Budget law. Kuwait-Iraq oil lawsuit moves forward. Speed Up The Approval Of The “Salary Scale” Expected Amendments To The Federal Budget. Treat as a rumors. Not verified. Your opine. From Other Sources: The Finance Committee Sets The Date For The 2024 Budget Schedules To Reach Parliament. ARTICLE: The Parliamentary Finance Committee announced on Tuesday that the government will send amendments to the 2024 Budget schedules to Parliament within a period not exceeding 10 days, stressing that it will study these amendments as soon as they reach the committee with the aim of submitting them for approval by the House of Representatives. Committee member, Moeen Al-Kazemi, said in an interview followed by a news agency, “The government is currently putting the final touches to the amendments it made to the 2024 Budget schedules through an increase in ration allocations, oil production costs & an increase in social welfare allocations & others.” He added, "The government will send the amendments to the 2024 budget schedules to Parliament within a period not exceeding 10 days," noting that "the Finance Committee will study these amendments as soon as they reach the committee, with the aim of submitting them for approval by the House of Representatives." It is noteworthy that the Finance Committee discussed with the Minister of Finance, Taif Sami, earlier & the committee heard the problems facing the ministry in preparing the 2024 Budget schedules for the year 2024 & the plan prepared to fill the deficit & the interventions of the Finance Committee members included the allocations for governorate projects & how to include them in the 2024 Budget schedules. From Other Sources: Expected Amendments To The Federal Budget...Appointments & Confirmations In Accordance With This Principle. ARTICLE: Member of Parliament Ahmed Taha Al-Rubaie revealed new details related to the amendments expected to occur in the financial Budget for the current year, while noting that they include job grades & confirmation of contractors. Al-Rubaie told "Baghdad Today", "The ministries have begun preparing the tables that they want to be included in the 2024 Budget for the purpose of continuing to include them on the agenda for passage," indicating that "the budget needs an amendment appendix through texts & tables." Al-Rubaie explained that “the deletion of job grades may be stopped in order to create appointments according to the grades of deletion & creation, in addition to continuing to confirm those who have completed two years of work as a contract, following the example of those who were previously confirmed.” On (February 1, 2024), the Parliamentary Finance Committee revealed the latest developments in the financial Budget for the year 2024, while indicating that it would rise to 206 trillion Dinars instead of 199 trillion Dinars. Committee member Mustafa Al-Karaawi told the official agency, “Article 77/Second of the Tripartite Federal Budget Law for the years 2023, 2024 & 2025 stipulates that the House of Representatives will be provided with updated tables for the 2024 budget in order to discuss the file of increase or decrease in the file of financial allocations according to expected revenues & according to the price of oil.” Installer ". From Other Sources: Won By A Kuwaiti Company. An International Lawsuit Fines The Kurdistan Region Nearly 500 Million Dollars. ARTICLE: The Nullification Committee of the International Arbitration Tribunal of the International Center for Settlement of Investment Disputes supported, by a majority, Agility’s appeal of the original arbitration decision while partially invalidating it, which confirms “Agility’s” right to file a claim again against the Iraqi government. The disqualification panel agreed with Agility's defense that the original arbitration panel had wrongly shielded the actions of the Government of Iraq from scrutiny & therefore did not consider whether the actions & omissions of the Government of Iraq violated the terms of protection afforded to Agility under the Kuwaiti Bilateral Investment Agreement & Iraq. Accordingly, and as a result of the original arbitral tribunal's failure to state the reasons on which it based its decision, it had committed a voidable error pursuant to Article 52 (1) (b), as well as Article 52 (1) (e) of the International Center for Settlement Convention. Investment disputes. The committee stated that: “By focusing only on confiscation claims that arise solely as a result of the faithful implementation of the CMC order, the arbitral tribunal has failed to address or examine the manner in which the Government of Iraq has implemented the CMC order & therefore, has grossly exceeded its authority.” "Superior." The Committee commented helpfully with the following: “The Committee considers that this finding is reinforced by the fact that the failure to exercise jurisdiction to determine consistency with the provisions of the Kuwait-Iraq Bilateral Investment Agreement in relation to the expropriation claims also had multiplier effects on the other claims brought by the Company (Agility), which ultimately led to none of them being resolved.” As a result of this decision, Agility will now have the opportunity to re-file its claims before a newly formed arbitration panel at the International Center for Settlement of Investment Disputes that will determine Agility’s claims related to Iraq’s expropriation of the company’s investments & its failure to grant Agility fair & equitable treatment. And its failure to give the company full protection & guarantee as required under the bilateral investment agreement between Kuwait & Iraq. From Other Sources: Due To The Rise In Exchange Rates...A Parliamentary Movement To Speed Up The Approval Of The “Salary Scale” ARTICLE: MP Nazem Al-Shibli stressed today, Tuesday, the necessity of accelerating the approval of the new salary scale to address fluctuations in prices due to the continuous rise in the ER of the Dollar against the local currency. Al-Shibli said in an interview followed by Al-Iqtisad News, “There is a parliamentary move to accelerate the completion & approval of the new salary scale to raise the salaries of those with lower grades, improve their living conditions & confront fluctuations in market prices.” He added, "The government must explain the steps it has taken regarding amending the salary scale for state employees, which will contribute to achieving social justice." Al-Shibli pointed out that "there is a large disparity in salaries within the same category in state ministries, despite the similarity of working hours." Most employees in state departments are still awaiting a decision from the government regarding the new salary scale, especially after many parliamentary requests to prepare the scale to achieve justice among employees in various ministries. The Presidency's Media Department denied what was broadcast by one of the channels about President Abdel Latif Gamal Rachid submitting a request to visit America, describing the widespread information as "misleading", stressing that it has nothing to do with reality.
  4. Here's an article of interests from Dinarland... More confirmation: the RV-RI is not in the Budget Law. Treat as a rumor. Not verified. Your opine. RayRat98: TIDBIT: WHO SAYS WE NEED A BUDGET FOR AN RV. IRAQ HAS “CHANGED” IT’S RATE SEVERAL TIMES IN THE PAST 2 YEARS WITHOUT A BUDGET.
  5. Here's an article from Dinarland... I don't know, Frankie! There is no evidence the HCL & RV are in the 2023 Budget. Can you show us any proof? Just asking. Treat as a rumor. Not verified. Your opine. KTFA: Frank26 via WalkingStick. ARTICLE: FRANK TOLD WALKINGSTICK THEY JUST TOLD THEM TODAY IN IRAQ: THE HCL IS IN THE BUDGET. WS RESPONDED & SAID NOT AT A PROGRAM RATE. IT WILL NOT WORK WITH THE ACCOUNTING. THE KNOWLEDGE OF THE HCL IN THE BUDGET IS NOT A CLUE OR A HINT ABOUT A NEW EXCHANGE RATE. IT IS A FACT OF THE MONETARY REFORM EDUCATION TO THE CITIZENS.
  6. Here's two articles from Dinarland... Possibly No April Budget ??? Treat as rumors. Not verified. Your opine. Pimpy: The 2023 Budget ARTICLE: It doesn't even look like the Budget will be approved by the end of April. Nader From The Middle East: The Back Screens. ARTICLE: I was reading something about back screens, again. They've been seeing back screens in the US, the rate of $6, $7 or $11. Maybe they're dreaming. I don't know.
  7. Here's an article from Dinarland... Why Iraq needs the RV-RI before the 2023 Budget Approval. The ER is not in the Budget...the ER will facilitate the Budget. Treat as a rumor. Not verified. Your opine. From Other Sources: Oil Revenues Alone, Will Not Cover The 2023 Budget Expenditures. ARTICLE: Al Saadi: "Oil Revenues will not cover the size of the Budget, especially the investments". The Specialist On Economic Affairs, Mohammed Saadi, explained that the oil revenues alone, will not be sufficient enough to cover the 2023 Budget expenditures, especially the investment ones, as the government ventured with these sums.
  8. Here's an article from Dinarland... Enough. No more delays. This is what they said the last time & the time before. Treat as a rumor. Not verified. Your opine. BLC: The President Of The Republic Confirms The Imminent Approval Of The Financial Budget. ARTICLE: President of the Republic, Abdul Latif Jamal Rashid, confirmed today, Thursday, that the current stage in the country is witnessing we have security & stability, while indicating that the 2023 Financial Budget will soon be approved. The Presidency of the Republic said in a statement, a copy of which a news agency received, that “President of the Republic Abdul Latif Jamal Rashid received, today, at the Baghdad Palace, the delegation of the American Institute of Peace.”
  9. Here's an article from around Dinarland... Finance Committee sets the price of the 2023 Budget. Treat as a rumor. Not verified. Your opine. From other sources: ARTICLE: Parliament talks about the amount of the Budget & the price of a barrel of oil in it. Today, Tuesday, a member of the Parliamentary Finance Commission, Jamel Cougar, expected that the amount of the General Budget would be between $120 - 130 Billion USD, adding that the price of a barrel of oil would be at $75.
  10. Article from around Dinarland... It's official...no Budget without a functioning government. Iraqis will continue to starve. The 2021 & 2022 Budgets are still sealed. Treat as a rumor. Not verified. Your opine. From Undisclosed Sources: ARTICLE: Parliamentary Finance: No Budget Preparation Without Forming A Government With Full Powers. Today, Thursday, the Parliamentary Finance Committee confirmed that the budget cannot be implemented or prepared unless a new government with full powers is formed. A member of the Finance Committee, Jamal Cougar, said in a press statement, “The budget cannot be worked out or prepared unless a new government with full powers is formed. Therefore, whenever the new government is formed, there will be a budget.” Cougar added, “The follow-up of the Finance Committee to the exchange mechanisms within the Food Security Law is very weak, because the House of Representatives was almost disabled during the previous period.” He continued, “If there are no organized & arranged sessions, there will be no serious & real follow-up.” Al-Kazemi & his Kuwaiti counterpart discuss ways to develop bilateral relations and stress on increasing investment.
  11. Luigi found these articles of Dinarian interests... Iraq completes the last remaining obstacle. Treat as rumors. Not verified. Your opine. MntGoat: Article: “ALLIANCE FOR THE PEOPLE ANNOUNCES THE SUBMISSION OF A REQUEST TO HOLD A SESSION FOR THE ELECTION OF THE PRESIDENT OF THE REPUBLIC” Quote: “…includes collecting signatures to hold a session on Saturday, May 7th the next step is to come up with a political solution to complete the parliamentary committees and pass the budget law….” Wow!!!! I did not know they wanted to also pass the budget law on May 7th as well and vote on the new president. This is a BIG day for Iraq. MarkZ: [via PDK] There was one very big piece of news…from Iraq . Iraq is now certified under ISO. So for all you folks talking about the ISO 20022 stuff…there you go. I know there has been a lot of chatter…about this …about how this could be a necessary piece…Well Iraq is now ready and everyone can quit worrying about Iraq on this one.
  12. Luigi found these articles of Dinarian interests... Good news: Parliament's feet being held to the fire. Parliament must act on the 2022 Budget. Treat as rumors. Not verified. Your opine. TNT: Tishwash: Anouz: We are currently working on issuing a parliamentary resolution obligating the government to submit the budget. Head of the Legal Committee in the House of Representatives, Representative Mohamed Anouz, announced on Thursday that work is currently being done to issue a parliamentary resolution obligating the government to submit the budget, while noting that the constitution did not prevent the caretaker government from sending bills to Parliament. IRAQ NEWS: Parliamentary Legal: The Political Blockage Hinders The Approval Of The Budget. Baghdad – Mawazine News, Chairman of the Legal Committee of the House of Representatives, Representative Muhammad Anouz, announced today, Thursday, that work is currently working on issuing a parliamentary resolution obligating the government to submit the budget, indicating that the political blockage led to the delay in approving the budget & the disruption of bills.
  13. Luigi found tis article of Dinarian interests... The Kurds agree...the Shiites agree... So what's the holdup? Treat as a rumor. Not varafied. Your opine. SHAFAQ News: The meeting of the Shiite bloc ends with an agreement to pass the Budget. Informed source revealed the Shiite bloc agreed on Tuesday to pass the draft Federal Budget Law during the Parliament session, tomorrow, Wednesday, 31st.
  14. Luigi found this article of Dinarian interests... Treat as a rumor. Not varafied. Your opine. Baghdad Mawazine News: The House of Representatives announced, on Friday, that next Sunday will be set as the date for voting on the General Budget Law for 2021. In a statement received by Mawazine News , the Council of Representatives stated that, "The Presidency of Parliament decided to hold a voting session on the draft budget law. On Sunday, March 28, 2021, three o'clock in the afternoon. She added, "This comes because of the continuing discussions on the draft budget law, and the need to finalize the articles of the draft budget law." Ended 29 / A 43
  15. Luigi found these rumors of Dinarian interests... Treat as rumors. Not varafied. Your opine... BondLady's Corner: Pratha News Agency94 2021-02-14 The Parliamentary Finance Committee suggested passing the budget next Tuesday, after resolving the dispute over the region’s share within the next 48 hours and fixing it in the budget. Fleming Update: As of 3:23 pm EST on Sat. 13 Feb. and as soon as the Senate acquitted President Trump, orders went out for Tier 4B notification to be done within the next 24 to 48 hours or so. RayRat: US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET) THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! Trying to confirm some "reported" activity for the "first wavers". I FEEL GOOD-er THAN GOOD!!!¨
  16. Luigi says... 2018 Budget revealed in $Billions not $Trillions. Could this be adjusted at the new RV/RI rate? You decide. Treat as a rumor. Not varified. Your opine. 4/8/2018 KTFA: Samson: Council of Baghdad : allocations of the capital of the budget of 2018 amounted to 85 billion dinars . And on the disruption of the official day of tomorrow, which falls on the day of the fall of the tyrant, Farhan, that "there is no intention to disrupt the official time in the capital indicating that the federal government promised to launch allocations in the coming days to begin the reconstruction of the regions. LINK Iobey777: (isn't this what we were looking for?) IMO..this looks promising! Onoislandlife: Wow! Billions, you say?!!! Moparman: Holy smokes, this could be Huuuuuuuge!!!!!
  17. 15 Mar 2018 Yada: In listening to the conversations, am I the only one to notice the news flash Tony received during the call to indicate the Kurdistan president is no longer going to contend with the budget and ratify it,,,this would mean we’d not have to necessarily have to wait the who 7 days and see this before. Looking for him to sign this now verses later,, SwampyJack: If that is correct, and I beleive it is… then we might see sumptin early… I wasnt going to say anything cause I thought it would cause a fire storm… glad you broke that news.. ************
  18. Luigi found these gems courtesy of Bruce. Treat as a rumor. Not Verified. Your Opine. 1-4-2017 Intel Guru Bruce We thought it would happen by Christmas and New Year, and we still are here. Things are moving, but not happen for us yet. I been on the ride for 12 years, and I am used to somewhat of it not going the way we thought. Nobody can accurately predict the date we will be notified. Could there be a delay that could take us deeper into the month? Could be possible, but I don’t believe it is the intention. The information I been getting today pointing to something happening this week. Let’s hope that is the case. When we put out information look at it, weigh it, and see what you want to embrace. What I heard today is enlightening. 1-4-2017 Intel Guru Bruce When it comes to Iraq...The budget for 2017 has been passed, been in the Gazette, been published, it is law...The rate is in the Gazette and they don’t want us to have it yet. It should be something positive for us to see Mosul come back. A lot of things from a very positive point of view going on in Iraq. I think the final part of the UN operational rate showing, the UN releasing Iraq of chapter 7 sanctions, currency known internationally. But the way they did pay back Kuwait, of around 5 billion dollars in newly revalued dinar. They had to have a rate settled in Iraq to do that. That did occur to our understanding. We are in a great position right now.
  19. Luigi says... Rumored...Budget Completed. We have just one confirmation. Not varified. Your opine. Ray Rens 15 Dec 2015 FreedomBoomer: Urgent House of Representatives vote on the ending paragraphs of the b​udget and approved by the full!! LINK Ivantulafitov: translated > the House of Representatives approved the country's general budget for 2016 after the vote on all its clauses. The reporter said the agency all of Iraq [where] that "the House of Representatives voted on all the paragraphs of the budget, including the Kurdistan region's share amounting to 17% ended .. CODreamer: congrats to the Iraqis on getting their budget done! woo hoo! Ivantulafitov: frank26 is saying on or before 1st jan they have to (RI or RV) because LDs will be out Iko ward: Tick tock, tick tock, tick tock, tick tock, tick tock, tick tock, 15 Dec 2015 Bruce: Intel now. Where are we now? We are in the midst of it. Seeing the roll out. Where are we? We are in the midst of it. Midst of a perfect storm. WE are in the middle of it. We are seeing the roll out of this GCR, rollout of the exchanges taking place for some specialty groups. Will see our turn shortly. Exchanges taking place for specialty groups. Banks received TRNs some weeks ago. Some months ago. Banks sent it back. The TRNs were sent back to the banks. the banks had received their trns, some weeks ago, maybe over month ago. but because this not occur yet, some banks sent them back. because so close, they needed to be sent back to the banks. that has happend last couple of days. Midafternoon today. Banks have received their funding including exchange locations. This currency was needed for our exchange. Banks are now ready. Within an hour of that, specialty groups for humaitarian projects started. These groups are small. this afternoon, within an hour the vip groups tied in with projects. small groups, 29 of these started to be funded this afternoon. i don’t know how long it take, small groups, mega funds for each one. funded for humanitarian projects. you know some of the names. who is next. we believe we are next. hope to have celeb ration call tonight. but we believe our turn next. believe get notification maybe late tonight. hate to call it, but we believe hours or couple of days. I am encouraged what we are hearing. Who is next? We believe we are next. Not quite there yet but we believe our turn is next. May get notifications tonight or tomorrow. Any time now. Hours to a couple of days away. Can't say everything he hears. But very encouraged. They do want us to have this for Christmas. A couple of days ago everything set up for 1st basket. UN rates were locked and loaded. Our currencies are locked and loaded. We are in great shape. Our turn shortly.
  20. 06-01-2015 Intel Guru Mt Goat MPs in Parliament are questioning the stalling the opening of the 2015 Budget. What we did not know is this article is telling us is why this Budget is stalled. It also confirms to us that the Budget has not been passed.
  21. from another source... 5-29-2015 Newshound Guru Millionday "Undersecretary Fadel prophet in a press statement, said that "the Minister of Finance began to work for the disbursement of the budget provinces for the year 2015..." THE OPENING OF THE BUDGET HAS BEGUN MY FRIENDS... LET ME TELL YOU THAT THIS IS HUGE...CBI IS OPENING THE BUDGET AND IRAQ IS OPENING THE DOORS -- WE CALL THAT ACTIVATION OF THE PRIVATE SECTOR AND THE MARKET ECONOMY. [won't they have to change the value before distribution funds in the budget? where is the money coming from if it is not borrowed?] CBI HAS THE FUNDS FOR THE BUDGET AND ALSO AS A COUNTRY THEY INVEST AS WELL AND FEDERAL REVENUES OF TAXATION AS WELL -- AGREEMENTS ETC -- AND NOT LONG AGO THEY WERE ORDERED TO DO THE INTERNATIONAL EQUATION -- THAT IS THE GLOBAL PRICING INDEX AND INCLUDES THE CURRENCY AS WELL ACCORDING TO GLOBAL ECONOMICS. THEY WILL ALWAYS HAVE LAWS THEY ARE WORKING ON -- WE JUST NEED THE SPOT IN REFORMS THAT SEND THEM INTERNATIONAL--GLOBAL MARKET. [Are we there yet?] ACCORDING TO THE NEWS TODAY -- CLOSE. Luigi says...this is a major milestone on the way to MR. All good news. Will this alone trigger the RV? Remember the RV is a process not triggered by any one event. The RV could happen any time. IMO. Lest we forget only portions of the budget was opened to keep GOI functioning.
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