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Member Of Parliament Finance Reveals The Existence Of 80 Billion Dollars Of Iraqi Money In The American Treasury !


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2 hours ago, DinarThug said:

Iraq and Saudi Arabia confirm the commitment to reduce oil production

Iraq and Saudi Arabia confirm the commitment to reduce oil production
 


 

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Iraq and Saudi Arabia agree to rebalance the oil market and commit to reducing production

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24th May, 2020


Iraq and Saudi Arabia have agreed to rebalance the oil market and commit to reducing production.

The Saudi News Agency said, "Iraq and Saudi Arabia agreed to continue working to restore balance to the oil markets, and stressed the commitment to reduce production agreed upon by the Organization of Petroleum Exporting Countries (OPEC), Russia and other allies."

The agency added that "the comments came after the Iraqi Finance Minister Ali Allawi, who is also Acting Oil Minister, visited Saudi Arabia to discuss the oil market situation with the Saudi Energy Minister." The agency said that "the two sides expressed their satisfaction with the improvement of the conditions of the oil market."

On Saturday, Saudi Arabia reported that Iraq had agreed with Saudi companies to invest in the crutch gas field in the west of the country. The crutch field is located in the western Anbar province on the Syrian border, and it is the largest field in Iraq.

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The government: There is no alternative to oil, and this is what we will do if the crisis drags on

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09:56 - 05/24/2020
 

Deputy Prime Minister and Minister of Finance and Oil Minister Ali Allawi said on Sunday that Iraq is among the countries most affected by the decision to reduce the production rate, noting that oil is an irreplaceable source for the Iraqis.

Allawi said in an interview with the Saudi newspaper "Al-Sharq Al-Awsat", which I saw, "The Information", that "the dependence of some countries’ sources on oil may put them in an economic crisis, especially with the fluctuation of oil prices during the last period." Allawi, the oil minister in charge here, confirms that the Saudi-Russian initiative has reached the "OPEC Plus" agreement, and that his country is committed to reducing production.

He added, “We are among the countries most affected by the decision to reduce the rate of production, and most countries have safety valves from investment funds and great financial potential outside of oil, but Iraq it has no protection net in the event of a drop in oil prices. Oil is an irreplaceable source for the Iraqis, and Iraq’s consideration must be taken into consideration at this stage.”

Allawi stressed, "God forbid - as he put it - if the oil crisis is prolonged, the country will have to ask our brothers in neighboring countries to look at the situation of Iraq in particular, as 92 percent of the country's resources come from oil, and areas of flexibility do not exist And his country’s position is relatively narrow, and the window of options is very limited.” 
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34 minutes ago, DinarThug said:

as 92 percent of the country's resources come from oil

 

30 minutes ago, boosterbglee said:

.....don’t put all your eggs in one basket !


And Don’t Burn All Ur Oil With No Gasket ! :o 

 

accident-funny-gif.gif
 

:D  :D  :D 

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11 minutes ago, DinarThug said:

And Don’t Burn All Ur Oil With No Gasket ! :o 


That Idiot Mechanic Bruce Should’ve Been Wearing His Protective Corona Mask Like These Guys ! :o 

 

daily_gifdump_2989_12.gif?resize=290%2C2
 

:D  :D  :D 

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Deputy Al-Kazemi: We want to build a country with these specifications

Deputy Al-Kazemi: We want to build a country with these specifications
 
 
5/25/2020 11:14:13
 
 
Deputy Prime Minister Mustafa Al-Kazemi revealed the government's endeavor to build an Iraqi state with certain specifications.
 
Finance Minister Ali Abdul-Amir Allawi said in a press statement, "The Iraqi government rejects the domination of any foreign country over it, and he recognized that there is a country that has interests in Iraq, but these interests must be under the dome of superiority of the state." "We want to build a country that is rigorous, strong, credible and acceptable to all, and not just security and military."

He acknowledged that there is control over some factions and currents, but this should be part of restoring government power.  Iraq is a complex country, and there cannot be one group permanently superior to another. From 2003 to the present, the confrontations changed so that yesterday's enemies became friends today."
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Al-Darraji: Failure to approve a budget for the current year means losing the final accounts and the money going into the pockets of the corrupt

 
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23rd May 2020
 
 
Member of the Finance Committee, Muhammad Sahib al-Darraji, called for the necessity of approving the budget for the year 2020 to ensure that the forms of the year 2014 do not fall, when his budget was not approved and final accounts are not given, as well as ensuring that the public money is not wasted by some spoilers.


Al-Daraji told Al-Ikhbaria, “Since 2015 we have requested that the currency auction be stopped and the exchange rate change, and we have also stressed the importance of stopping imports and advancing the agricultural and industrial sector.”

He added, "In the year 2014, a budget was not approved, so a big problem was created with regard to the final accounts, where there is a principle in the management of public money named (Where did this go) to check on the money entering Iraq and the exchange mechanism, in addition to the final accounts being the control on which this principle depends." 

It is noteworthy that the problem of handing over the final accounts to the ministries and institutions associated with the government continues every year, as the doors are disbursed to exchange non-installed doors so that the money goes into the pockets of the corrupt, especially since Parliament is turning a blind eye and does not play a supervisory role on those ministries and institutions.

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Member of Parliamentary Economy: Compulsory saving is one of the options currently available, and is forced to

Member of Parliamentary Economy: Compulsory saving is one of the options currently available, and is forced to

 

24th May 2020
 


Member of the Parliamentary Economy Committee Mazen Abdel Moneim Al-Faili stated that compulsory saving (from salaries) is one of the options currently available, with hope for other options, but it will be strategic and far-reaching at a time when the economic situation needs secret solutions "and saving one of them."

Al-Faili told Al-Mirbad that "compulsory saving is one of the quick options to face the economic crisis, and although we do not wish it, but sometimes we are forced to do it," expressing Mustafa Al-Kazemi that he is serious with receiving a heavy and difficult legacy ... he said.

Al-Faili considered that Al-Kazemi’s booth differs from its predecessors, as its technicians were chosen from the womb of the ministries, while “the political blocs’ satisfaction is not easy and I expect that these blocs will give an opportunity to Al-Kazemi and his government.”

Al-Faili called on the demonstrators to give an opportunity to the Al-Kazemi government, because most of their (verifiable) requests were recently fulfilled, such as early elections, the election law, and the retirement law (with the notes on it), which indicates a difference from previous years.

Adding that everyone (demonstrators, political blocs and government) must join hands to advance the country, which has a lot of capabilities.

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On 5/23/2020 at 8:58 PM, DinarThug said:

CNN. Broadcasting With Big Bucks - No Whammies !
 

 

Member of Parliament Finance reveals the existence of 80 billion dollars of Iraqi money in the American treasury


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Policy 05/24 2020 01:36 1336    


Baghdad today - Baghdad 

 

Member of Parliamentary Finance Committee Muhammad Sahib al-Darraji revealed, on Saturday (23 May 2020), that there are 80 billion dollars of Iraqi money in the US Treasury.

Al-Daraji said in a televised interview I followed (Baghdad today), that "Iraq possesses financial reserves of approximately 80 billion dollars in the money of the central bank, in the form of cash, bonds and alloys in the US Treasury."

 

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Efforts to recover Saddam Hussein's money seized by the finance .. and to reveal a document in his handwriting to pay 35 billion dollars!

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25th May 2020

 

Member of the Parliamentary Finance Committee, Faisal Al-Issawi, confirmed on Sunday that the funds of the former regime Saddam Hussein are seized and frozen in foreign banks do not exceed one billion dollars and there are serious moves to recover them. Al-Issawi said, "There are cases filed with international courts in order to lift the seizure of Iraqi money abroad and recover it.

He added that "the amounts are not large and they do not reach one billion dollars in all cases, but there are also real estate reservations, if the problem was solved it would be sold and benefit from the amounts. And that there are clear mechanisms to follow up on this file, by the Ministry of Finance, and the Ministry of Foreign Affairs is doing its part with the recovery department, to recover that money.

Pointing out that "the matter may be delayed, but really there are serious negotiations with the state in which the money is being seized to solve the problem." He pointed out that "Prime Minister Mustafa Al-Kazemi has experience in this file, given that the intelligence department is one of the active departments in this matter, it can be used in addition to his good relations to recover the money."

A document revealed the handwriting of former President Saddam Hussein stating that Iraq had loaned to some non-Arab African countries and showed a letter dating back to one thousand nine hundred and eighty five and that is Saddam Hussein's handwriting.

Addressed and addressed to the Ministry of Finance, it is requested to form a committee to review the recovery of Iraq's debts owed by non-Arab African countries, and the committee shall be composed of the ministries of finance and oil and the central bank. And this message spread after the Iraqi government tried to borrow from some Arab countries, especially the Kingdom of Saudi Arabia.

Where reports and members of the Parliamentary Finance Committee said that the Minister of Finance asked the Kingdom of Saudi Arabia to lend Iraq three billion dollars to cover the budget shortfall. He will also go to Kuwait to ask for borrowing and support as well.

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On 5/23/2020 at 9:24 PM, dinarham said:

Who's cougar?

 

On 5/23/2020 at 10:28 PM, DinarThug said:

The Kurdish Member Of The Finance Committee Jamal Cougar ‘Mellenkamp’ ! :o 

 

He Builds Little Pink Houses For U And Me ...

 

:D  :D  :D 


And Sometimes His Last Name Gets Translated As ‘Kujer’ - Which Sounds A Little Bit Like A Cross Between ‘Cujo’ And ‘Freddy Krueger’ ! :o 


image.jpeg.805b83c84fb2a8253e818a03fd7b1faf.jpeg

 

And He Be Singing - ‘Hurts So Good’ ...

 

:D  :D  :D 

 

 

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Member of Parliamentary Finance warns of the danger of borrowing from government banks

 

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25th May, 2020

 

Member of the Parliamentary Finance Committee Jamal Kujer warned, on Monday, that the government will continue to borrow from government banks, while stressing that these loans have interest that is not different from borrowing from other banks

Cougar said that "borrowing from government banks has interest, as it is considered like foreign banks, but it is not true

He added, "There are fears of continuing internal borrowing, especially as the government resorted to loans in order to pay the salaries of employees only, and issues related to the operational budget

The member of the Parliamentary Finance explained that "this matter is not economically correct, because if a loan does not have a financial return, during the period in which the loan is paid, it is considered an error and an economic risk, and for this there is a fear of resorting to such a loan for operational issues

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On 5/23/2020 at 12:45 PM, DinarThug said:

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In the document .. The Kurdistan government approves the Baghdad proposal to settle the financial situation

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23rd May, 2020
 

The Ministry of Finance of the Kurdistan Region announced today, Saturday, its approval of the content of a letter sent by Federal Minister of Finance Ali Allawi on May 19th, which included four proposals for a financial settlement between Baghdad and Erbil

According to the document, obtained by "Gilgamesh Press", "The proposed steps include the payment of 400 billion dinars for the month of April by the Ministry of Finance to the Kurdistan region, in addition to entering intensive meetings between representatives of the two governments for the purpose of agreeing to a final settlement within a period of not more than 30 days And adopts the Federal Financial Management Law as the basis for it

In response to this document, the provincial finance minister, Awat Sheikh Janab, sent a letter to Allawi's Minister of Finance, saying, "The Kurdistan Regional Government confirms its approval of the content contained in your book

The Kurdistan Regional Council of Ministers announced earlier that the federal government had verbally agreed to send 400 billion dinars to the Kurdistan region


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On 5/24/2020 at 4:21 AM, 6ly410 said:
Iraq’s Minister 


Can U Say ‘Implementation Of The Financial Management Law’ Bro ? :o 

 

 

C’mon ! Sing It With Jamal Cougar - Kurds So Good ...


:D  :D  :D 

 

 

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With a comprehensive agreement, a Kurdish delegation will visit Baghdad soon to discuss its delivery of the region's oil revenues and border crossings

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25th May, 2020

 

On Monday (25 May 2020), the deputy of the Patriotic Union of Kurdistan, Hassan Ali, confirmed that the Kurdistan government delegation will visit Baghdad again immediately after the end of the Eid Al-Fitr holiday, while a source in the Kurdistan government revealed that the delegation will agree to hand over oil revenues and border ports to the central government in exchange for sending it The salaries of the region's employees and the financial dues

And Ali said in an interview with (Baghdad today), that "the step taken by Baghdad to send 400 billion dinars is a good step towards solving problems and differences and concluding a comprehensive agreement between Baghdad and Erbil

He added that "the government delegation will discuss all the files with Prime Minister Mustafa Al-Kazemi and with the Minister of Finance Ali Abdul Amir Allawi, and during this visit, a comprehensive agreement will apply to both parties

On the other hand, a source in the Kurdistan government revealed that "Prime Minister Masroor Barzani directed members of his government in cooperation with Baghdad and revealed all files and revenues that enter the region for audit by the technical committees

And the source said in an exclusive interview with (Baghdad Today), that "Kurdistan will deliver revenues of 250 thousand barrels of oil and border crossings completely in exchange for the federal government sending salaries of employees, peshmerga and other entitlements

The Ministry of Finance announced, on Friday (May 22, 2020), that 400 billion dinars will be spent to employees of the Kurdistan region for the month of April


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Kurdish leader: A delegation from the Patriotic Union of Kurdistan will visit Baghdad after the holiday


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15:02 - 05/25/2020


Member of the Patriotic Union of Kurdistan, Mahmoud Khoshnaw, announced on Monday that a delegation from the Union will visit Baghdad after Eid Al-Fitr.

Khushnaw said to the "information" that "a party delegation of the leaders of the Patriotic Union of Kurdistan will pay a close visit to Baghdad after the blessed Eid Al-Fitr to discuss several files."

He added, "The delegation of the Kurdistan Regional Government postponed its visit to Baghdad, which was scheduled before the Eid for unknown reasons," noting that "The visit of the Kurdistan Regional Government delegation, according to information, also after the Eid, but both visits are unique." 
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Economist: Iraq will give everything up for the sake of the economy

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25th May, 2020


Washington intends to conduct a strategic dialogue with Baghdad, next month, in which details of a future relationship between the two countries will be put in place, and focus may be on this dialogue on the economic side, in light of the suffocating financial crisis suffered by Iraq, which may push it to make more concessions, so that it gets the support needed to get out of it, and the Iraq-China agreement may be canceled due to the repercussions of the escalating crisis between Washington and Beijing, against the backdrop of mutual accusations between the two countries over the Corona virus pandemic.

Did the United States start creating coalitions and alliances in preparation for a global economic war? On this subject, economist Saleh Al-Hamashi says: "Economic conflicts will emerge after the end of the Corona crisis, which demonstrated the fragility of the capitalist system, where you will see the emergence of blocs between two Western camps led by the United States and an eastern led by China, and the last will be the strongest economist, but the United States bloc will be stronger Politically."

Al-Hamashi added, "In light of the conflict between the East and the West, it is not correct for Iraq to hand over its entire economy to the agreement it concluded with China, just as Iraq has resorted to Saudi Arabia in its crisis as an ally of the United States, but it cannot do without the East."

Al-Hamashi added, "Iraq will give up everything for the sake of the economy, as Iraqi politicians, even Iranians loyal to them, are aware of the seriousness of the economic situation, and for this they will make more concessions to the United States in order to overcome the financial crisis." 

 

Edited by DinarThug
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Al-Hamashi added, "Iraq will give up everything for the sake of the economy, as Iraqi politicians, even Iranians loyal to them, are aware of the seriousness of the economic situation, and for this they will make more concessions to the United States in order to overcome the financial crisis." 

If they bloody well know what's good for them they'll get crackin'. This statement speaks volumes to the cesspool of their own making they find themselves neck deep in.

Now, do they have the will & the brains to make the right decisions this time to walk themselves back from the edge, press forward to create the Iraq the world has been expecting for such a very long time ? 

IMHO, this is it for them. They continue with business as usual, thinking their still clever boys, no one is watching, trying to pull fast ones, they'll righteously screw this up and down the Big Swirly they go.

 

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2 hours ago, DinarThug said:

Member of Parliamentary Finance warns of the danger of borrowing from government banks

 

1590380297_122368.jpg

 

LINK

Member of Parliamentary Finance warns of the danger of borrowing from government banks to secure employee salaries

1590401227_122368.jpg

 

25th May, 2020

 

Member of the Parliamentary Finance Committee Jamal Kujer warned, on Monday (25 May 2020), that the government will continue to borrow from government banks, while stressing that these loans have interest that is not different from borrowing from other banks

Cougar said, in an interview with (Baghdad Today), that "borrowing from government banks has benefits, as it is considered like foreign banks, but it is not true

He added, "There are fears of continuing internal borrowing, especially as the government resorted to loans in order to pay the salaries of employees only, and issues related to the operational budget

The member of the Parliamentary Finance explained that "this matter is not economically correct, because if a loan does not have a financial return, during the period in which the loan is paid, it is considered an error and an economic risk, and for this there is a fear of resorting to such a loan for operational issues

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the government borrowed from the Rafidain and Rashid banks and the Iraqi Trade Bank about (3) trillion dinars to pay salaries for the month of May

He said, "The government in the month of May was able to cover only the salaries of employees, retirees and social welfare due to the lack of revenues," noting that "there is a trend towards internal borrowing to pay the salaries of workers in the state for next June

Saleh stressed that “there are negotiations with international banks and banks to borrow from them to pay the deficit in the operating budget, but these negotiations need time” indicating that “in the long run and the coming months there is an intention to issue a national bond (borrowing from citizens) at high interest with many concessions

 

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Deputy: Iraq cannot do without Iranian energy, and there is a move that will add billions to the state’s treasury


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Policy 05/25 2020 09:02 3434 Editor: ht 


   Baghdad today - Baghdad 
 

Member of the Foreign Relations Committee, Nahida Al-Daini, said on Monday (May 25, 2020) that Iraq cannot do without Iranian energy in providing electricity, but diversifying the import of energy from other countries will add billions to the state treasury.

Al-Daini said in an exclusive interview with (Baghdad Today) that "Iraq is going through a difficult economic situation that requires everyone to concede and open a new page with all countries without linking personal and political positions to the interests of the higher countries," noting that "openness with all countries, including the Gulf, has become a necessity Urgent to build relations that have a positive impact on the energy and investment file and the rest of the sectors in the country. 

She added, "It strongly supports the steps of Prime Minister Mustafa Al-Kazemi to open up to the Persian Gulf and send the Finance Minister to Riyadh and Kuwait to build economic relations in the field of energy, because it is much cheaper than Iranian energy," noting that "Iraq cannot do without Iranian energy because its diversification will add billions To the state budget. " 

And she added that "all political forces are required to open up and build balanced relations with all other countries in order to support the Iraqi economy because it is the only way to overcome the current crisis."

The Deputy Prime Minister and Acting Minister of Finance and Oil Ali Allawi revealed Saturday (May 23, 2020), the direction of three axes to develop relations with Saudi Arabia and support the economy of Iraq. 

Al-Sharq Al-Awsat newspaper quoted Allawi as saying, "The aim of the visit to Saudi Arabia is to go through three axes to develop Iraq’s relationship with the Saudi side, the first of which is immediate cash support to the budget. As for the second axis, it is to motivate Saudi national companies and institutions, especially in the fields of energy and agriculture," And urged them to enter the Iraqi market through investments, "noting that" the third axis is to activate the commercial side. "

He added, "Iraq has a plan to go towards achieving an economic and financial balance with neighboring countries, and that the Iraqi market be open to all away from harming a certain party," explaining that "the government seeks to urge Saudi companies to contribute to the reconstruction of the country," stressing that " Iraq needs immediate financial support in order for the government to fulfill its pledges to employees. "

Allawi stressed, "There are many obstacles that prevented investments in Iraq, including the laws and regulations in force, the loss of the incubator structure for foreign investment, the lack of banks at a global level, as well as the accounting and legal system that is not encouraging, as well as the system of land acquisition that is not encouraging as well." 

He pointed out that "all these obstacles prevent the Saudi investor and any other investor from investing in other fields outside the oil fields," calling for "the need to have an encouraging environment for investment, replacing these laws, and addressing existing problems and obstacles." 

He pointed out that "the administrative apparatus now in Iraq is not consistent with the requirements of the foreign investor, and it also contains major violations of corruption and interference in the way of taking decisions from parties not related to the investment work, for the sake of the private and partisan benefit that is one of the main obstacles that keep the foreign investor" . 

He explained, "When the investor watches this environment, he will reserve, and whatever the Iraqi market is, it requires encouragement from the private sector, which also suffers from these constraints."

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        Everything has already been decided . Most news , opinions by expert, is pablum thrown  onto the smoke and mirrors ,making a bloody quagmire of goofyness . They all hold a kernel of  the positive truth.  As long as Watermellon and Cougar are missing ,we'll be O,K,           

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