strictlytires Posted January 20, 2015 Report Share Posted January 20, 2015 MP: Financial Parliamentary Committee sets final touches for Budget Law draftTuesday, 20 January 2015 20:20 | | | Baghdad (AIN) –The Financial Parliamentary Committee set the final touches for the Budget Law draft of 2015. Member of the Committee, Masoud Haider, said to AIN "The political blocs agreed upon settling the draft within the next days to be presented for a vote." "The Committee is doing its best to reduce the all expenses without affecting the employees' salaries," he concluded. /End/ 1 Link to comment Share on other sites More sharing options...
ckriebs Posted January 20, 2015 Report Share Posted January 20, 2015 I like Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted January 20, 2015 Report Share Posted January 20, 2015 nice Link to comment Share on other sites More sharing options...
Laid Back Posted January 20, 2015 Report Share Posted January 20, 2015 Budget will be approved before the end of the month.!! Go Iraq... Keep moving forward Increase the exchange rate........ I want my part of the wealth too. Link to comment Share on other sites More sharing options...
strictlytires Posted January 20, 2015 Author Report Share Posted January 20, 2015 Another topic to consider. (IraqiNews.com) On Saturday, MP for the Liberal Bloc and former Minister of Planning, Ali Shukri said that Iraq would lose $4 billion a month due to the drop in oil prices, noting that the financial and economic committees are working to reduce the expenses of ministries to reduce the shortfall from the general budget. Shukri said in an interview for IraqiNews.com, “The budget bill was sent by the government to the House of Representatives with a deficit of $24 trillion and 500 billion dinars.” “The budget was built on the basis of the export of 3.3 million barrels per day of crude oil,” adding that. “The number of barrels that are exported at the moment are 2.65 million barrels per day.” He stressed that, “The low price of a barrel of oil on world markets from $60 to $43 would cause Iraq a loss of $4 billion a month,” pointing out that, “Committees of finance, economy and investment are working to reduce ministries expenses to reduce the shortfall to the general budget.” Link to comment Share on other sites More sharing options...
jcfrag Posted January 20, 2015 Report Share Posted January 20, 2015 (edited) I gotta feelin tonight's gonna be a good night! Edited January 20, 2015 by jcfrag 1 Link to comment Share on other sites More sharing options...
strictlytires Posted January 20, 2015 Author Report Share Posted January 20, 2015 To compensate for the shortfall in there budget, it looks as if they will increase production. It may further saturate the market with oil.. Hope it works. Baghdad (IraqiNews.com) The minister of Oil, Adil Abdul-Mahdi announced “Iraq will break record in producing crude oil as the production of crude oil will hit four millions barrel per day to compensate the global decline in oil prices. Iraq’s exports of crude oil reached three millions barrel a day in past December, noting “after agreeing with Kurdistan it was decided to increase the production of oil up to four millions barrel a day.” “This figure happens for first time in Iraq,” he said adding “Iraq has practised considerable efforts and invested large sums of money to reach this figure.” /End/ 1 Link to comment Share on other sites More sharing options...
wbuse984 Posted January 21, 2015 Report Share Posted January 21, 2015 Sweet Link to comment Share on other sites More sharing options...
scottyboy Posted January 22, 2015 Report Share Posted January 22, 2015 (edited) Budget will be approved before the end of the month.!! Go Iraq... Keep moving forward Increase the exchange rate........ I want my part of the wealth too. When Adam said this, "n other words, if it comes out at $1, it could quickly dip to a dime or less and then take years to rebound", does he plan for all VIP members to be selling during that small window, or is that impossible? I will be honest here and say that I have not joined because i am a big skeptic! But if it will guarantee me that i will not get screwed during the rv, then someone please clarify all of this VIP stuff. Also, i get this "XE Currency Update Service" daily thru email, and according to them, the value of the Dinar to the dollar has went up! From like 1165 to 1, and now it has been 1135 for the last few days! I know, thats not much, but i have been watching it for a few years now , and have never seen it move that much, that fast? Anyway figured i would mention it, Just in case it means something? Edited January 22, 2015 by scottyboy Link to comment Share on other sites More sharing options...
Caye98 Posted January 22, 2015 Report Share Posted January 22, 2015 Yes the value appears to have risen to 1135 over past days. Link to comment Share on other sites More sharing options...
Catluver67 Posted January 22, 2015 Report Share Posted January 22, 2015 Yes the value appears to have risen to 1135 over past days. I noticed that too... Link to comment Share on other sites More sharing options...
millionaire in training Posted January 22, 2015 Report Share Posted January 22, 2015 I gotta feelin tonight's gonna be a good night! Unless you've got a hot date planned. Nothings gonna be happening tonight. Dont know what you're so happy about. 1 1 Link to comment Share on other sites More sharing options...
saradise Posted January 22, 2015 Report Share Posted January 22, 2015 When Adam said this, "n other words, if it comes out at $1, it could quickly dip to a dime or less and then take years to rebound", does he plan for all VIP members to be selling during that small window, or is that impossible? I will be honest here and say that I have not joined because i am a big skeptic! But if it will guarantee me that i will not get screwed during the rv, then someone please clarify all of this VIP stuff. Also, i get this "XE Currency Update Service" daily thru email, and according to them, the value of the Dinar to the dollar has went up! From like 1165 to 1, and now it has been 1135 for the last few days! I know, thats not much, but i have been watching it for a few years now , and have never seen it move that much, that fast? Anyway figured i would mention it, Just in case it means something? In VIP, Adam has everything set up to protect us no matter what happens. It is definitely worth the investment! Link to comment Share on other sites More sharing options...
Freedomwish Posted January 23, 2015 Report Share Posted January 23, 2015 In VIP, Adam has everything set up to protect us no matter what happens. It is definitely worth the investment! Yep! Link to comment Share on other sites More sharing options...
davis411 Posted January 23, 2015 Report Share Posted January 23, 2015 I gotta feelin tonight's gonna be a good night! agreed, i have already started having some drinks, Link to comment Share on other sites More sharing options...
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