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Adam Montana

Adam Montana Weekly 27 May 2020

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20 minutes ago, Adam Montana said:

because things are about to start happening REALLY FAST.

:calculator: go RV 

 

Edited by 6ly410
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KRG DELEGATION TO VISIT BAGHDAD THIS WEEK: KRG OFFICIAL

2752020175612112752020165110al_kurd_iraq
Flags of Iraq and the Kurdistan Region (File)

49 minutes ago

http://nrttv.com/En/News.aspx?id=21534&MapID=1#.Xs5x0sJJOqA.twitter

 

SULAIMANI — The General Director of the Kurdistan Regional Government’s (KRG) Foreign Relations Department in Baghdad said on Wednesday (May 27) that a KRG negotiating delegation will soon visit the Iraqi capital for discussions about ongoing disputes over the budget, oil revenues, and other long-standing issues.

Both the [KRG] and [the federal] government have expressed their desire to solve the problems between them,General Director Bakhtiar Haji told the Kurdistan Democratic Party’s (KDP) official media outlet. Haji is also a member of the negotiating delegation.

Not only will the budget and salaries be discussed, but the total problems between the Region and Baghdad will be discussed as well, in order to solve them and reach an agreement,” he said.

Both the federal government and the KRG are facing large budget shortfalls due to the collapse of oil prices in recent months, but a decision by Baghdad to cut off all budget transfers to Erbil in April exacerbated problems in Erbil and forced it to the negation table.

Although the two sides met several times before the Eid al-Fitr holiday, they were unable to reach the comprehensive and binding agreement sought by the federal government.

However, both Erbil and Baghdad have sent conciliatory signals indicating their willingness to make a deal.

“The [federal] government has showed readiness to send the 400 billion Iraq dinars ($335 million) to the Kurdistan Region after Eid,” Haji said, referencing a move by Baghdad to release some funding to Erbil if it agreed to certain parameters for the talks.

(NRT Digital Media)

Edited by 6ly410
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"Before we get into it, I want to thank you all for being the best dang group of people I've ever been associated with. Please know that I never take you for granted, and time after time you impress me with your heart and character - as evidenced time and again, in particular by the incredible outpouring of love, respect, and goodness in last week's update.

 

Cheers to you all, God bless, and thank you."

 

The pleasure is All ours Adam, you Rock bro! :twothumbs:... and Julie too!

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Sounds like possible olive branch between KRG and Baghdad.  Mega plus! 

 

Thx for bringing all of this to light; Adam and team you are very much appreciated. 🥰😍

Edited by Sage449
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1 hour ago, Adam Montana said:

but lately things are picking up steam

 

1 hour ago, Adam Montana said:

clearing the table for bigger items.

 

1 hour ago, Adam Montana said:

things are about to start happening REALLY FAST.

 

 

Thank you for a super duper great post Adam.  I like the links a lot and,

 

I like it when things go “Really Fast”, especially when my dog eats his corn. 😆 😂 

 

 

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And I like fast cars 

 

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Thanks Adam. Posts keep getting more exciting and up-beat! 

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Thanks Adam, much appreciated, "The perfect storm"  :cigar:

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THANK you Adam the DV'S  is a family that God put to gather through you 😇

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You were right Adam!! I missed this!!!

 

 

 

LINK

His predecessor wasted $ 15 billion ... Al-Kazimi's government is passing its first difficult test

  image.jpeg.736184cc6901305b8264f93d385d88fd.jpeg
  

22nd May, 2020

  

The government of the Iraqi Prime Minister, Mustafa Al-Kazemi, accepts the first tactical test by announcing that three million employees are paid the salaries for the current month, with about 300 million dollars being urgently disbursed to four million poor, unemployed, and disabled people, with the aim of overcoming the scarcity of liquidity resulting from the semi-general closure due to Conditions facing the Corona outbreak

The government announced that it would pay the end of this month's salaries and allowances, without deduction, which caused general public satisfaction

And there were reports that the Al-Kazemi government would not be able to secure the salaries of the employees, after the previous government headed by Adel Abdul-Mahdi deliberately emptied the public treasury

Sources linked to the government financial sector say that the Abdul-Mahdi government wasted nearly $ 15 billion in its last four months, under the pretext of meeting the demands of the demonstrators who went out against it last October and caused it to resign

The Abdul-Mahdi government appointed nearly half a million Iraqis to mainly state departments that suffer from the problem of slack

Sources revealed that Abdul-Mahdi's ministers distributed the new job ranks among the major parties, according to loyalty

The Minister of Electricity Louay al-Khatib employed nearly ninety thousand people in institutions affiliated with his ministry, accused of chronic failure in the performance of its tasks

Sources in the Ministry of Finance said that half of these new recruits have not received their salaries yet, due to the lack of sufficient liquidity, despite the passage of about two months after the issuance of their appointment orders

When Al-Khatib was asked about how to secure the salaries of these people, during the last days of his term, he presented a television answer described as "slapping", as he said that "the task now rests with Parliament, as it is concerned with legislating the budget and providing the necessary funds for workers in state departments

Khaled al-Najim, Minister of Planning in the Al-Kazemi government, said that the new employees added by the Abdul-Mahdi government may not receive financial dues by next month, especially if Parliament takes into account that they were added to the owners of the state without consulting with him

And the star acknowledged that the salaries of employees in the next month, may not fully secure, which will push the government to work in the savings system, indicating that the government will start deducting from the rule not to prejudice the salaries of employees, which revolve in an atmosphere of 400 dollars per month

The sources say that the Iraqi parliament supports the government's measures to save part of the salaries of the highest-ranking employees in the country and distribute a direct financial grant to the unemployed and the poor, provided that the salaries saved will be returned to their owners with sufficient liquidity

Iraq relies on selling crude oil to finance nearly 98 percent of its annual budget. Iraq has lost about two-thirds of its financial returns during the past few months due to the drop in oil prices to unprecedented levels

Despite the bleak outlook, the Al-Kazemi government appears to have many tools to overcome the financial crisis, both internally and externally

Finance Minister Ali Allawi pledged that the government would not give up those with limited income, hinting that there are many options available to the state that can boost public budget imports

Allawi went to Saudi Arabia as an envoy of the Prime Minister to discuss bilateral relations and economic conditions in the region and encourage investment

Informed sources say that Al-Kazemi will turn to harsh measures within the administrative structure of the state, saving millions of dollars annually; For example, the Ministry of Oil controls the proceeds from the sale of about 750,000 barrels per day, intended for internal consumption

The large returns from this huge amount are converted daily into bonuses and benefits paid to employees who perform only classic office work

The new government also intends, according to the sources, to change the administration overseeing the border crossings, which control the entry of goods at the commercial level

Most of Iraq's border outlets are now controlled by parties and militias that monopolize their returns, and prevent them from being directed to the public treasury, in tortuous ways

On the external level, the sources say that Al-Kazemi received pledges to provide soft loans without interest, inexchange for investment projects granted to foreign companies

Observers say that the deep state established by former Prime Minister Nuri al-Maliki, and whose influence has increased during the era of the Adel Abdul Mahdi government, will constitute a major impediment to Al-Kazemi’s plans, which may push the Prime Minister towards harsh confrontations, toppling some senior officials

In the event that Al-Kazemi’s plans are realized, his government will have bypassed, in the interim, the most important internal financial challenges, enabling him to devote sensitive files, including controlling the escaped militia weapon, organizing the relationship between Baghdad and the semi-autonomous Kurdish region, and reactivating Iraq’s external relations with a number of countries

And about two weeks after its formation, the Al-Kazemi government began to create an optimistic atmosphere about the economy and plans to deal with the repercussions of the Coruna epidemic and the file of foreign relations

But the patience of the Iraqis for the new government will not be long, especially if the electricity file enters the equation of the angry street, during the summer

The lack of electricity supplied to the population, during the flaming summer of Iraq, is one of the largest protest engines in the country in previous years, and may be an influential player this summer, due to the initial discouraging indications of energy supply rates

 

Edited Friday at 12:36 PM by DinarThug
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Thanks Adam :D  The perfect chat with a lot of good people.  :hug:

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4 hours ago, Adam Montana said:

free to chime in

 You hit the nail on the head A.M.  HCL is the elephant in the room. Once Kazammi kicks GOI into gear, there should be lots of noise on this !! The Kurds are all kissy kissy, so lets get that b!tch signed. Then Mission: Accomplished !!

 

 

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