Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Representatives hint at the possibility of postponing today's cabinet session to discuss the general budget


yota691
 Share

Recommended Posts

1 hour ago, Carrello said:

DWS112: By all means, let's take a very promising article with intriguing information that may lead us all of who have been in this investment together, some for over a decade, and turn it into something negative and divisive with political remarks. 

 

Thanks for the article.

I reread this entire page twice.  Nowhere was DWS being political.

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

48 minutes ago, fnbplanet said:

It says "update" the dinar exchange rate.  It doesn't say "increase" the rate.  Not everyone on the planet is expecting a significant increase as we in dinarland are.

Well "UPdate" is better than "Downdate" HA!

  • Haha 2
Link to comment
Share on other sites

Baghdad The International Monetary Fund is negotiating to determine the exchange rate

 
 Baghdad: Hoda Al-Azzawi 
 
The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will arrive in Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, and while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it.
The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar.
The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.”
Committee reporter Ahmed Al-Saffar told Al-Sabah: "The 2021 budget may reach parliament at the end of the week or early next week," attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it 
General ».
Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." 
Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect those with limited income who depend on their salaries."
  • Thanks 1
  • Upvote 9
Link to comment
Share on other sites

3 hours ago, Carrello said:

DWS112: By all means, let's take a very promising article with intriguing information that may lead us all of who have been in this investment together, some for over a decade, and turn it into something negative and divisive with political remarks. 

 

Thanks for the article.

What conversation had negative and divisive remarks?  I didn’t know Iraq was a negative word.😀

  • Haha 1
  • Upvote 1
Link to comment
Share on other sites

6 hours ago, Half Crazy Runner said:

😲 wowzers!  
I hope that picture of coins with the article is an indication of a rate change that is so significant that they can issue denominations that are just a fraction of a dinar! 
Great article DWS112!!!  :tiphat:

I count about $13.25 worth of US quarters. Hopefully with this picture they are saying this is what 4 dinars are going to look like in American coins after the "UPdate"!

  • Upvote 1
Link to comment
Share on other sites

Al-Kaabi: Next year's budget will be faster to approve than its predecessors

 
Baghdad: Morning
 
 
A dialogue meeting called by the Parliamentary Regions and Governorates Committee chaired by the First Deputy Speaker of Parliament Hassan al-Kaabi and concerned with discussing the budget of each governorate for the year 2021 and investment projects and projects to develop regions and departments that have been attached to the governorates resulted in several recommendations, the most important of which is approaching all relevant ministries and departments regarding the speedy completion of the lagging projects, especially those Achieved high achievement rates.
Under the auspices of the Presidency of the Council of Representatives and headed by Mr. Hassan Karim Al-Kaabi, First Deputy Speaker of the House of Representatives, a dialogue meeting was held in the House of Representatives today, Sunday 6 December 2020, called by the Parliamentary Regions and Governorates Committee to discuss the budget for each governorate for the year 2021, investment projects, and projects to develop regions and departments that have taken place Attachable 
Governorates.
Al-Kaabi said, in the meeting, which was attended by the heads and members of the regions and governorates committees that are not organized in a region, finance, services and parliamentary reconstruction, and governors, heads of administrative units: These meetings that bring together the committees concerned with the governors are working to expedite the solution of the problems that cities suffer from, especially the service ones, and here will be held Meet periodically.
He added that the 2021 budget is a top priority for discussion at the meeting to increase the governorates' experience in preparing and sending the budget, and here next year’s budget will be faster in approval than its predecessors, indicating that we have to discuss the file of the governorates that have suffered from deprivation in the number of projects completed in them due to many conditions they have suffered from during the period And we must ensure its right and equality with the rest Provinces.
  • Thanks 1
  • Upvote 4
Link to comment
Share on other sites

2 hours ago, DWS112 said:

I made a political statement and then deleted it. (BUMP!) I heard Rudy G.  caught covid and I let loose a little!  Sorry.

Praying for Rudy’s complete healing and recovery! I personally think he is a great American! I hope me saying this, is not considered Political! JMHO  :praying:

  • Like 2
  • Thanks 1
  • Upvote 7
  • Pow! 4
Link to comment
Share on other sites

 

 

Baghdad The International Monetary Fund is negotiating to determine the exchange rate

Monday 07 December 2020

alsabaah-57522.jpg

 

Baghdad: Hoda Al-Azzawi 
 
The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will reach Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it.

The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar.

The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.”

Committee reporter Ahmed Al-Saffar told Al-Sabah: “The 2021 budget may reach Parliament at the end of the week or early next week,” attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it General ».

Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." 

Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect people with limited income who depend on their salaries."
LINK
 
 
 
 
 
 
 
 
 
 
 
 
 
  • Like 2
  • Thanks 5
  • Upvote 3
Link to comment
Share on other sites

16 minutes ago, pokerplayer said:

 

 

Baghdad The International Monetary Fund is negotiating to determine the exchange rate

Monday 07 December 2020

alsabaah-57522.jpg

 

Baghdad: Hoda Al-Azzawi 
 
The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will reach Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it.

The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar.

The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.”

Committee reporter Ahmed Al-Saffar told Al-Sabah: “The 2021 budget may reach Parliament at the end of the week or early next week,” attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it General ».

Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." 

Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect people with limited income who depend on their salaries."
LINK
 
 
 
 
 
 
 
 
 
 
 
 
 

Greatest article for years 

  • Like 1
  • Thanks 1
  • Upvote 2
  • Pow! 3
Link to comment
Share on other sites

28 minutes ago, pokerplayer said:

 

Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." 

Wow. I never know Minister of finance and imf have the authority to determine the exchange rate. Where is the cbi anyway? Shouldn't the cbi get involved to determine the exchange rate? Does the minister of finance represent the cbi to determine the exchange rate? Anyway it doesn't really matter whether it is the cbi or minister of finance who determines the rate as long as either one of them can release the rate at least 1:1  and everybody is happy. Come on minister of finance and imf get it done quickly. I hope imf and minister of finance aren't as slow as camel to determine the exchange rate. The most important is no more delay, no more bs and no more excuse (holiday). Come rv sooner and closer.

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

11 hours ago, fnbplanet said:

It says "update" the dinar exchange rate.  It doesn't say "increase" the rate.  

Then, what is the different between " update " and " increase "? Does "  update " mean only a low rate increase below 1:1? And does " increase " means a high rate increase at least 1:1?

  • Thanks 2
Link to comment
Share on other sites

12 hours ago, fnbplanet said:

It says "update" the dinar exchange rate.  It doesn't say "increase" the rate.  Not everyone on the planet is expecting a significant increase as we in dinarland are.

 

You weren't expecting them to preannounce an increase were you? Update would be the market sensitive phrase.

  • Upvote 1
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.