Spiked Camel Kava Java With Yo Momma !

[DinarThug]

CNN. Broadcasting Aboard The CBI Starship Enterprise ! Dammit Scotty - We Need More Dinar Purchasing Power !  
 

 

 

 

Report: The local purchasing power in Baghdad is 9.21% less than Erbil

December 29, 2019 7:17 PM Author: alzawraapaper

 

Baghdad / Al-Zawraa:

A report published on the Numbeo website, which deals with the standard of living of the countries of the world, revealed that the local purchasing power in Baghdad is 9.21% less than Erbil.

The report said, according to the last update in December 2019, that the local purchasing power in Baghdad is 9.21% less than Erbil. 

He added that «the prices of rents in Baghdad are 20.10% higher than in Erbil, while the prices of restaurants in Baghdad are 8.38% higher than in Erbil». 

The report pointed out that "grocery prices in Baghdad are 7.18% lower than in Erbil." 

Noting that «consumer prices, including rent in Baghdad, are 4.17% higher than Erbil». 

He explained that «the Iraqi family consisting of four people needs about 2,187.65 dollars (2,603,299.44 Iraqi dinars) in Baghdad to maintain the same level of life that could be with 2,100.00 dollars in (Erbil) on the assumption that you are renting In both cities. ”

link

[DinarThug]

Just now, DinarThug said:

Shabbi’s Still In The Running !  

     

breaking news

Conscious / Including Al-Asadi and Al-Saadi .. 170 deputies confirm their adoption of five candidates for prime minister

 

Posted by Iraqi Media News Agency / conscious29 December, 2019

 

 

Conscious / Baghdad / M.A.
On Sunday, the deputy in the House of Representatives, Kazem Al-Shammari, affirmed that the assembly had adopted five names for the position of prime minister, including Abdul-Ghani Al-Asadi and Abdul-Wahab Al-Saadi.

Al-Shammari said to the ( Media News Agency / INA ) reporter that "the assembly consists of deputies in different blocs, but they do not represent their political components, but rather embrace the demands of the protesters," noting that "the political forces need our gathering, and we represent a majority within Parliament" .

He explained, "The assembly is open to everyone who shares a vision with it," revealing that "the assembly adopts the five names that have been raised in the demonstration squares, which include Rahim Al-Aqili, Sinan al-Shabibi, Muhammad Allawi, Abdul-Ghani Al-Asadi and Abdul-Wahab Al-Saadi in addition to supporting Muhammad Allawi in a way Larger".

LINK

 

breaking news

Conscious / Including Al-Asadi and Al-Saadi .. 170 deputies confirm their adoption of five candidates for prime minister

 

Posted by Iraqi Media News Agency / conscious

 

29 December, 2019

 

 

 

Conscious / Baghdad / M.A.

 

On Sunday, the deputy in the House of Representatives, Kazem Al-Shammari, affirmed that the assembly had adopted five names for the position of prime minister, including Abdul-Ghani Al-Asadi and Abdul-Wahab Al-Saadi.

Al-Shammari said to the ( Media News Agency / INA ) reporter that "the assembly consists of deputies in different blocs, but they do not represent their political components, but rather embrace the demands of the protesters," noting that "the political forces need our gathering, and we represent a majority within Parliament" .

He explained, "The assembly is open to everyone who shares a vision with it," revealing that "the assembly adopts the five names that have been raised in the demonstration squares, which include Rahim Al-Aqili, Sinan al-Shabibi, Muhammad Allawi, Abdul-Ghani Al-Asadi and Abdul-Wahab Al-Saadi in addition to supporting Muhammad Allawi in a way Larger".

LINK

[DinarThug]

19 hours ago, DinarThug said:

Abdul Mahdi's office announces completion of all provisions of the Federal Budget Law of 2020

 

 

 

17:05 - 28/12/2019

 

 

On Saturday, the spokesperson for the office of the resigned Prime Minister, Saad Al-Hadithi, announced that all the provisions of the federal budget bill for 2020 have been completed since the beginning of last month.

Al-Hadithi said in a statement to "Information", that "the cabinet has completed all the provisions of the draft federal budget law for 2020," noting that "the budget law of the cabinet has completed its study and discussion within the beginning of last month."

He added that "the Council of Ministers is unable to send the federal budget for 2020 to the House of Representatives due to a legal impediment," noting that "the government is turning to the disposal of work to prevent it from sending the budget to the House of Representatives, since the government is in accordance with the law and the constitution not entitled to send laws under these circumstances."

And revealed the Parliamentary Finance Committee, earlier, the formation of the Council of Ministers a committee to study the draft federal budget law for 2020, while it indicated that the Council granted the committee the power to send the budget to the House of Representatives.

 

LINK

Abdul Mahdi's office announces completion of all provisions of the Federal Budget Law of 2020

 

 

 

17:05 - 28/12/2019

 

 

On Saturday, the spokesperson for the office of the resigned Prime Minister, Saad Al-Hadithi, announced that all the provisions of the federal budget bill for 2020 have been completed since the beginning of last month.

Al-Hadithi said in a statement to "Information", that "the cabinet has completed all the provisions of the draft federal budget law for 2020," noting that "the budget law of the cabinet has completed its study and discussion within the beginning of last month."

He added that "the Council of Ministers is unable to send the federal budget for 2020 to the House of Representatives due to a legal impediment," noting that "the government is turning to the disposal of work to prevent it from sending the budget to the House of Representatives, since the government is in accordance with the law and the constitution not entitled to send laws under these circumstances."

And revealed the Parliamentary Finance Committee, earlier, the formation of the Council of Ministers a committee to study the draft federal budget law for 2020, while it indicated that the Council granted the committee the power to send the budget to the House of Representatives.

[DinarThug]

LINK

$ 56 a barrel of oil in the 2020 budget

 

29th December, 2019

 

The reform decisions taken by the resigned Iraqi government headed by Adel Abdul Mahdi led to an increase in financial expenditures in the budget for the year 2020 to more than 10 trillion dinars in the next year's budget due to the employment of thousands and the referral of a large number of employees to retire and others, as the financial deficit reached 48 trillion after Increase the price of oil in the budget from $ 53 to $56

And the transfer of "Iraqi 24" website from sources described by Al-Mutala'ah in the Ministry of Finance and the Parliamentary Finance Committee, "The general conditions in Iraq contributed to the delay in sending the draft budget budget, due to the reform decisions of the resigned Iraqi government, which led to increased financial expenditures of more than 10 trillion dinars Noting that "the planned deficit is still in violation of the Financial Management Law, which occurred in the fourth paragraph of Article Six, that the planned financial deficit does not exceed 3% of the gross domestic product

She emphasized that the planned financial deficit in the budget for next year reached 19% of the gross domestic product, which currently stands at 48 trillion dinars, while the gross domestic product amounts to 253 trillion dinars, "indicating that "the Iraq crisis is long and the Minister of Finance or his representative will resort to issuing uncles For ministries and state departments, the disbursement includes 1/12 or less of the total actual expenditures of current expenditures for the previous fiscal year after excluding non-recurring expenditures on a monthly basis and until the approval of the federal public budget in accordance with Article 13 of the Financial Management Law

 The informed sources noted that "the interest of the Kurds is represented in the failure to approve the next financial budget bill because the Finance Ministry continues to transfer funds to the Kurdistan region, which amounts to 455 billion dinars per month as a result of the majority of deputies refusing to pass the agreement concluded by the resigned government with Erbil

 On the other hand, a member of the Finance Committee, Naji Al-Saeedi, said that the draft budget budget for the year 2020 is still with the Council of Ministers, to reduce the fiscal deficit, by raising oil prices, pressure on financial expenditures, and increasing revenues, "noting that" the planned financial deficit at the beginning of a project The budget was 81 trillion dinars and now it reached 48 trillion dinars.” Al-Saeedi added that the price of oil in the budget rose from $ 53 to $ 56, noting that “the resigned government failed to find new financial revenues or work from the extent of corruption in the customs that will provide the state 8 trillion dinars annually

 A member of the Finance Committee mentioned the share of the Kurdistan region in the next budget is 12.7%, "excluding the implementation of the agreement concluded between Baghdad and Erbil in the budget for the next year, noting that Iraq will pay the amount of 18 trillion dinars in debt dues and benefits to international organizations and countries with a budget next year

[DinarThug]

Dr.. The appearance of Muhammad Salih *: The new financial, social contract for Iraq

12/28/2019

 

Introduction : Features of the federal budget 2019 :

 

The 2019 budget was based on very realistic oil revenues, that is to say, $ 56 a barrel, a price that carries a positive rent margin for the benefit of the general budget, which fluctuates to rise or increase from the beginning of the fiscal year until today between 5-8 dollars higher than the budget price, which helped cover an important proportion of Planned disability.

In spite of that, we find that there are two gaps: First, the operational budget of a governmental consumption nature has mostly absorbed all oil revenues even with the positive rent margin mentioned above. The government investment budget, which is the basis of direct growth, has also been living on non-oil revenues. As the investment budget constitutes about 30 percent of the total annual total spending, while the corresponding non-oil revenues constitute only 10 percent at best. This means that construction projects (particularly non-oil) will be implemented through external borrowing available in the budget, which are important service projects that constitute 45 percent of the total government investment projects and that external financing or available external loans only meet 10-12 percent of the funding available for government investment .

To continue reading, click on the following link

The new social and financial contract for Iraq - liberated

LINK

[DinarThug]

Dr.. The appearance of Muhammad Salih *: The following social contract New to Iraq

1. Introduction: Features of the Federal Budget 2019

The 2019 budget is based on highly realistic oil revenues, 56 Dollars a barrel, a price that held a positive rentier margin for an interest
The general budget fluctuates with increase or increase since the beginning of the fiscal year Even today, between $ 5-8 is higher than the budget price, which helped To cover an important proportion of the planned deficit.

Despite this, we find that there are two gaps:

The first is that 
The operational budget nature of government consumption has been mostly absorbed all oil revenues even with the aforementioned positive rent margin.
The government investment budget, which is the basis for direct growth she also lived on non-oil revenues.
As it forms the investment budget is about 30 percent of the total spending Annual, while the corresponding non-oil revenue is only 10 Percent at best. Which means that reconstruction projects) in particular non-oil (will be implemented by external borrowing available at Budget, which is a significant service projects, accounting for 45 percent of total government investment projects, if external financing or available external loans only meet 10-12 percent of financing available for government investment.
Therefore, the summary of the annual deficit will be absorbed by non-state projects implemented.

Here, the budget deficit shifts or leaves from a fiscal deficit to a real deficit that will weigh on the 2020 budget. 
It really is a problem obstacles to rentier behavior prevailing in our countries today and based on abstractions of the so-called passive understanding of disposition of public revenue
Oil is a booty for start-up, not a product for human construction and other physical capabilities needed to sustain life.
It is the most dangerous the principles prevalent in our societies today are calls for widening the container free money or what is called a free lunch base in all joints daily life.  This explains the insistence of increased exchange on account loss of important willful vessels (or what I call it fugitive vessels).
Also, the free expansion of consumer behavior with public revenues has he began to grow louder with the increase in oil revenues, accompanied by a spectacular disruption from development programs, unfair distribution of wealth and the emergence of sustainability
Unemployment is not less than two decimal places despite growth in Real GDP by about 48% ي by active action agriculture and electric power compared to the previous year. It is an equation difficult if it continues in this wrong way because it will disrupt the present Human development inevitably seizes its future.

2. The Macroeconomics of Iraq: The Promising Force

There is optimism in the real rate of economic growth in output Gross domestic product in 2020, estimated by the economic community especially the World Bank, it will reach approximately 5.1%, based on the recovery the Iraqi economy in the current year 2019, in which growth was estimated at 4,8%, in addition to the increase in government activity without regression, as it will accompany this is an increase in the ratio of government revenues to GDP
The total is also to be in the year 2020 by about 3.7% compared to the previous year in the year 2019, which is estimated at 36%. Overall it will improve average The share of the Iraqi citizen in the gross domestic product to reach in the year 2020 is about $ 6,200 annually, compared to 2019 5,700 USD annually.
Note that the gross domestic product is estimated at about 235 billion Dollars in the year 2019 will also rise to 254 billion dollars in the year 2020.
In addition to the foregoing, there are economic assistants important will boost economic growth and form an optimistic vision in growth in the real economy.
The first is the sector's recovery agricultural sector and its contribution to the GDP increased by 4% To about 7.5% this year, water availability is backed by agricultural policies and commercial supportive of agricultural activity as it is happening today in evolution rhe grain production and marketing sector and various field crops.
And the second, qualitative improvement in the electric power production sector and an increase in hours equipment with availability of 19 thousand MW out of 23 MW needs improving technical losses, which the private economic activity has supported
And the impact of this on the development of market activity and activation of the implementation of behavior the investment is more positive. As well as the price stability that the country is experiencing a state of inflation, if the general level does not grow prices are more than 1% in all cases, and it is the lowest in history the modern economist in Iraq thanks to the stability of the policy tools Cash.
It will also assist the operating movement in its contractual or loan programs reducing unemployment rates and generating sustainability from economic growth
The real is supported by indicators of stability in global energy markets and returns oil after the features of the China-US agreement appeared, according to current international data to confront potential problems with the recession my world is highly anticipated.

In conclusion, the above data will constitute a wave of optimism for the Iraqi people cohesion and walk towards building prosperity and development and maintain the syndrome
Its foundation is economic and social stability and employment to improve happiness the Iraqi person, supported by a new social financial contract, enhances efficiency the national economy provides equity in the distribution of income and wealth.

3. The future of the federal budget 2020

The literature here and there raised very cautiously an issue the federal budget for the year 2020 directed me personally texts warning of a large deficit to come in the balance of the country and text who said:
The next budget deficit of 2020 will destroy the Iraqi economy, if not take preventive measures to squeeze expenses and rationalize unnecessary ones maximize revenue by supporting the local product, maintaining hard currency as much as possible, the collection of taxes, customs and failure manipulated by the budget deficit will reach 40 billion dollars, which means 3.5 billion About half of the monthly revenue, how will it be managed? ! )

In the face of this great question, I must foresee the future economic and financial for Iraq, as follows:
The federal budget for 2020 will still need a process bold financing surgery is not austerity but its quest to achieve financial sustainability with a high performance of public finances, that is, availability of means and principles of financial discipline of Iraq without austerity or deprivation.
Whoever thinks about external borrowing to fill the operational budget deficit the next and the continuity of running the state administration joints with declining productivity is delusional!

The next financial decision should be one of the most difficult and tough Sign up.

On the one hand, it urgently needs legal and procedural force decision-making, especially from reliable decision-makers people at the executive and legislative levels, especially the elite that does not have that negative historical accumulation of financial wealth. and he accumulation based on the advantages of anesthetic anesthesia throughout the decade and a half the past (financial leverage remained uncontrollable operating budget for interest corrosive concessions without giving).

A receptive concept has evolved, which sees the enjoyment of public spending of resources the state as an opportunity to compensate and alienate after spreading an idea booty state and its philosophy of giving without giving.

It cannot be the solidarity convictions between the state and the people can never be accepted in launch corrective financial surgery unless the people are there (personal) moral , demonstrates its sincere reformist strength and selflessness in the interest of ensuring the restoration of features of a promising economic future that fosters growth

The prosperity and well-being of the country is magnified by a new social financial contract capable of investing the optimistic, underlying macroeconomic force shown by the national economy throughout 2019 and what we expect in the year 2020.

(*) Iraqi academic researcher and economist, The former deputy governor of the central bank

Copyright © Ethnic Economists Network. Republishing is permitted on condition
Mention the source December 29, 2019

link

[DinarThug]

12-29-2019   Intel Gurus Frank26 & Delta  ...

we got the proof that the CBI did delete the zeros at the end of November...

CBI website...

remember the money supply was 50 trillion...

it dropped all the way down to 5 trillion...

[Guru] MilitiaMan found this...

another proof of the positioning that they're about to do with this...

this is real numbers...they did this on November 30th...

[DinarThug]

12-30-2019   Intel Guru Delta    

it's a high possibility IMO that we might...

see the rate [December] 31st on the Central Bank of Iraq website.  

We might not see it until the 2nd...

we're definitely on track...

[DinarThug]

LINK

Parliamentary Legal: We may resort to the 2014 option in spending the next year's budget

 

 

 

12/30/2019 12:52

 

 

The Parliamentary Legal Committee confirmed today, Monday, the existence of legal treatment regarding the delay in the Federal Financial Budget Law for 2020.

Committee member Hussein Al-Aqabi said in a press statement, "The committee has legal treatment, which is the previous financial management law that we previously resorted to in the year 2014, when spending is done on the budget law for 2019 at a rate of 1 to 12," noting that "the law allows The government may send any bill, and the last say remains with the parliament." He added, "The internal system in the cabinet allowed the government to send some draft laws that do not have technical and legal problems," noting that "the general budget expresses the general policy of the executive authority in the management of the state and cannot be technically and legally for the government to send."

Al-Uqabi stressed that "the current government is a caretaker government and parliament cannot set a budget, and there is no permanent government with full powers that can implement this financial policy of the state." The Parliamentary Finance Committee confirmed last Thursday that the deficit in the public budget was the last time it reached Parliament.

The head of the committee, Haitham al-Jubouri, said in a press statement that "the general budget for the next year is still with the government and it has not been sent to Parliament because of the financial deficit," noting that "the fiscal deficit in the budget amounted to 25 billion dinars."

[DinarThug]

12-30-2019   Guest Guru Tekmouse   

[Response to Frank & Delta Post 12-29-2019]   

The M0 is not the value of their currency alone.

An M0 INCLUDES the country's money in it.

If you had $10,000 in the bank your personal M0 would not be $10,000.

It would be whatever your car, house, plane cash, portfolio etc is COMBINED...

The M0 is the value of their assets.

They're [Iraq] freaking rich. 

It's even more significant that they went from 50 trillion in total to 5 trillion in total.

5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion.  

The value of the currency is factored greatly by the amount of notes...

The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17,

per their foreign policy.
They were at 22 billion at one point and then they were down to 9 billion 5 years ago.

[DinarThug]

Fyi - ‘A SWAG’ Is An Acronym For A “Scientific Wild A$$ Guess” !  

 

 

And Yes I Had To Look It Up ......... Ur Welcome .....

 

     

 

 

 

12-30-2019   Guest Guru Tekmouse   

Reducing the amount issued to 5 tril limits the amount of notes that it can be. 

If you take the time they stated they had 9 billion notes out there,

their 'Currency Issued by CBI "

was approx 40 trillion.

So divide the 40 trillion by 9 billion notes and you get the average note value.

Take that same note value,

as a closest guess based on historical data,

and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - 

so 5.1 tril divided by 4,444 is 1,147,614,761 notes.

A SWAG, if you will.
But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25...

[Artitech]

17 hours ago, DinarThug said:

12-29-2019   Intel Gurus Frank26 & Delta  ...

we got the proof that the CBI did delete the zeros at the end of November...

CBI website...

remember the money supply was 50 trillion...

it dropped all the way down to 5 trillion...

[Guru] MilitiaMan found this...

another proof of the positioning that they're about to do with this...

this is real numbers...they did this on November 30th...

I got proof that there is a Santa Clause. He ate the cookies 🍪 I left by my Christmas tree 🎄 on Christmas Eve! 😲

[DinarThug]

From Delta ...

 

 

REPORT IS OUT FOR NOV .....CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH ...............800,182,960,000 DINARS 

 

DELTA

[cranman]

3 hours ago, DinarThug said:

12-30-2019   Guest Guru Tekmouse   

[Response to Frank & Delta Post 12-29-2019]   

The M0 is not the value of their currency alone.

An M0 INCLUDES the country's money in it.

If you had $10,000 in the bank your personal M0 would not be $10,000.

It would be whatever your car, house, plane cash, portfolio etc is COMBINED...

The M0 is the value of their assets.

They're [Iraq] freaking rich. 

It's even more significant that they went from 50 trillion in total to 5 trillion in total.

5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion.  

The value of the currency is factored greatly by the amount of notes...

The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17,

per their foreign policy.
They were at 22 billion at one point and then they were down to 9 billion 5 years ago.

This came straight from so-n- so YouTube channel. One of his followers said this. Lol

[DinarThug]

4 hours ago, cranman said:

This came straight from so-n- so YouTube channel. One of his followers said this. Lol

Really - So Which One Of His 3 Followers Was It ...

 

     

[cranman]

8 hours ago, DinarThug said:

Really - So Which One Of His 3 Followers Was It ...

 

     

Either Moe, Larry or Curly 

[cws]

12 hours ago, DinarThug said:

Really - So Which One Of His 3 Followers Was It ...

 

     

A singing tenor perhaps? Irish or Italian

[MyLadiesDaddy]

21 hours ago, Artitech said:

I got proof that there is a Santa Clause. He ate the cookies 🍪 I left by my Christmas tree 🎄 on Christmas Eve! 😲

And they were very delicious too; thanks. 

[DinarThug]

LINK

By the numbers ... Iraq's economy in 2020

 

 

 

12/31/2019 9:56

 

An economist expressed his expectation about the state of the economy in Iraq during the new year 2020.
 

The financial advisor and economist Mazhar Muhammad Saleh said in a press statement that "there is optimism about the escalation of the real economic growth rate in the gross domestic product in the year 2020, which the economic circles estimate will reach approximately 5.1 percent, starting from the recovery of the Iraqi economy in the current year 2019, in which growth is estimated at 4.8 percent, in addition to the increase in government activity without retreat, as this will be accompanied by an increase in the ratio of government revenues to gross domestic product as well, to be in the year 2020 by about 37 percent and more compared to the year 2019, which is estimated at 36 percent.

Saleh added, "In addition to the above, there are important economic assistants working to raise economic growth and constitute an optimistic vision of growth in the real economy. The first is the recovery of the agricultural sector and the increase in its contribution to GDP from 4 percent to nearly 7.5 percent this year for water availability and backed by agricultural policies And commercial support for agricultural activity, as is happening today in the development in the production and marketing of grains and various field crops."


He pointed out that "the factor is the qualitative improvement in the electric energy production sector and the increase in processing hours that the private economic activity has promoted and the impact of this on the development of market activity and the activation of the implementation of investment behavior in a more positive manner, as well as the price stability in which the country is experiencing a state of non-inflation, if it does not The general level of prices grows more than 1 percent in all conditions and is the lowest in modern economic history in Iraq, thanks to the stability of monetary policy tools."

Saleh stressed that "the employment movement helps with its contractual or lending programs to reduce unemployment rates and generate sustainability from real economic growth supported by indicators of stability of global energy markets and oil revenues after the appearance of the features of the China-US agreement and in accordance with current international data to face potential problems of the prospect of a global recession." He cautioned that "the data above will constitute a wave of optimism in front of the Iraqi people for cohesion and the path towards building prosperity and development and maintaining a syndrome based on economic and social stability."

[DinarThug]

LINK

Trade Bank of Iraq

 

30th December, 2019

"How much we grow and achieve the best"

With these words, Mr. Faisal God, President of the Iraqi trade bank and chairman of the board of directors, started his speech at the ceremony of honoring the special employees of the year 2019 in a special gesture of the bank's management every year to motivate all employees in the public administration and all branches To offer their best exceptional efforts to excellence in career performance.

Mr. Faisal God pointed out that in this year the efforts of employees have been very significant in increasing bank income until 26/12/2019 to 826 billion dinars, explaining that such efforts must be honored to grow the seed of competition in The ranks of our leaders to provide the best for our banking institution.

The President of the bank also explained that the bank's plan next year presents a new challenge in increasing collective efforts and providing the best, including working steps to open the bank's representative office in China, as well as working on the financing of national industrial projects who have advanced Tame from the bank to support the national product, which in turn will have a positive impact on the Iraqi society and market.

              

[DinarThug]

LINK

Parliamentary Legal: The current year will witness the passage of controversial laws

 

 

 

12:35 - 01/01/2020

 

Member of the Parliamentary Law Committee, Salim Hamza, confirmed on Wednesday that the parliament intends to pass controversial laws during the new year, including oil and gas laws, the Federal Court and the organization of government work.

Hamza said in a statement to "Information" that "dozens of drafts of the law are still in the hands of the parliament and they need to be passed."

Hamza added, "The political consensus is the main factor in passing laws, especially controversial, and we will work within the committee to reformulate and pass controversial laws."

He explained that "oil and gas, the court of law, and organizing the work of the government are the most prominent controversial laws that will be passed during the current year."

[DinarThug]

LINK

Economist: New Baghdad Industrial City will
create 300,000 jobs

 

 

 

09:11 - 01/01/2020

 

 

Economic expert, Saleh Al-Hamash, stated on Wednesday that the establishment of one industrial city in Baghdad, with 1,000 sites or workshops, will provide 300,000 jobs for the people of the capital, pointing out that there are industrial cities planned for construction since the eighties of the last century in Baghdad.

Al-Hamash said in a statement to "Information", that "Baghdad is set since the eighties of the last century in which a group of industrial cities will be established in the outskirts of the capital in the regions of Bob Sham and behind Ghazaliya and in the cliff of Naddaf and Zafaraniya, but the plan has not been initiated to this day."

He added that "the establishment of one industrial city in Baghdad with 1,000 workshops will provide 300,000 job opportunities for the unemployed, in addition to that it will provide production lines that enrich Iraq economically."

He stressed that "the establishment of industrial cities will need a few months because of the technological development taking place, the availability of raw materials and ease of transportation, as it will need its own infrastructure, special sewage treatment plants, heavy water and roads that link to the governorates." 

[DinarDavo]

33 minutes ago, DinarThug said:

"parliament intends to pass controversial laws during the new year, including oil and gas laws"

 

Where have I heard this  before?

[DinarThug]

LINK

Parliamentary Finance: The salaries of 2020 will
exceed 52 trillion dinars

 

 

 

08:52 - 01/01/2020

 

 

The decision of the Parliamentary Finance Committee, Ahmed Suleiman Al-Saffar, stated on Wednesday that Iraq spent 38 trillion dinars in salaries for employees, while it would need 52 trillion dinars in order to cover the salaries of employees in 2020, pointing out that the quantities of exported oil exceed what is planned in the budget and thus will benefit from a difference Source quantities and the price difference specified in the budget to cover the deficit and prepare a supplementary budget.

Al-Saffar said in a statement to "Information", that "the legislator often looks for the worst in preparing the budget and determining the deficit that has occurred in it, as whatever is mentioned of a number related to the deficit is a reduced number, where the difference in the price of selling oil will be taken advantage of by preparing a supplementary budget."

He added that "the amount of oil specified for export in the budget amounted to 3 million and 800 thousand barrels, while the exported oil is more than this amount, which will provide large sums to Iraq that will be used to reduce the deficit rate in addition to creating a supplementary budget as well."

He explained that "salaries reached 38 trillion dinars in the past year, while in 2020 they will exceed 52 trillion dinars, while Iraq will proceed with a 12/1 budget until the new budget is approved."

[fioranosportscars]

Well.... I had a dream 2 days ago that I had won $320k prize....I have many investments .. but been giving it lots of thought.. and the only investment that comes close to this number $320k.. is $3.20.... I am not promising or hyping anything ... just sharing ....