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12-8-2020   Intel Guru Frank26  ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what?  The budget?  No.  Regarding the white papers?  No.  Regarding changing the exchange rate of the dollar against the Iraqi dinar.  That's a powerful statement for these people to be saying.  I was floored by it...
 
 
 
 

12-8-2020   Newshound/Intel Guru Petra  The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise.  And this event is truly a global event...it's a very exciting time...the rate is right before us...
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10 hours ago, pokerplayer said:
12-8-2020   Intel Guru Frank26  ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what The budget?  No.  Regarding the white papers?  No.  Regarding changing the exchange rate of the dollar against the Iraqi dinar.  That's a powerful statement for these people to be saying.  I was floored by it...
 
 
 
 

12-8-2020   Newshound/Intel Guru Petra  The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise.  And this event is truly a global event...it's a very exciting time...the rate is right before us...

 

In light blue highlight....how does he know this?   Where was this said or printed for public viewing?

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1 hour ago, JonnyV said:

 

In light blue highlight....how does he know this?   Where was this said or printed for public viewing?

While I was reading this post, I was thinking the same questions! We all know there is a lot of scuttle-but out there! I don’t understand why or how spreading this crap benefits Frank26 or anyone else! I certainly hope it’s true! I hope one day we will all get some answers as to why to all the scuttle-butt! I’m sure it has to be about money! JMHO  🤠

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This is the link translated with google translate through Chrome.

 

Parliament's financial reporter, Representative Ahmed Al-Saffar, revealed new details regarding a `` new crisis '' that the Iraqi economy is going through, and that concerns the political and technical consensus regarding the budget for next year.  Al-Saffar said, in a televised interview, followed by (Baghdad Today), that "one of the reasons for postponing approval of the budget for 2021 is the changes witnessed by oil prices during these days, and this justifies the delay in approving the draft budget."  He continued, "We believe that a budget of 70 trillion dinars will be sufficient for Iraq," noting that "budgets that exceeded 100 trillion have not been spent until now."  Away from what the parliament is witnessing regarding the upcoming budget, Al-Saffar explained that "there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar," and this matter.  Regarding the Baghdad-Erbil agreement, he said, "Regarding the recent agreement between Baghdad and Erbil, a delegation from the region will visit Baghdad to discuss the budget handling mechanism," adding, "We believe that 250,000 barrels per day will be delivered to Baghdad, as well as 50 imports from the ports."  He stressed the Kurdistan Regional Government's readiness to "hand over all its imports in exchange for Baghdad to spend money for oil-producing companies."  On the other hand, a member of Al-Iqtisadiah, Mahmoud Al-Zajrawi, expressed his fear of a third borrowing scenario by the government.  Al-Zagrawi told (Baghdad Today), "The postponement of the cabinet session on the file to decide the fate of the 2021 budget may come due to a thorough reading of the financial situation, scrutinizing its items and looking into developing possible solutions."  Al-Zagrawi added, "If the postponement is repeated again, this will be the beginning of doubts that it is a government attempt to impose borrowing in the 2021 budget law," and continued, "This is an option that we will reject and will push us to demand its dismissal because the implications of borrowing are very bad for the Iraqi economy."  He expressed his hope that "the government will complete the budget file and expedite sending it to the House of Representatives for study and approval before the deadline for paying salaries next January to avoid major problems."  Al-Zajraoui indicated that "if the government really has determination on the third borrowing file, we will consider the impact in settling the budget as a pressure card on the street through the gate of delaying the payment of salaries in order to approve it," noting that "what we are presenting now is just doubts, hoping that the budget will be taken Its course is in the discount without the borrowing file. "  An informed political source revealed the reason for the postponement of the cabinet session scheduled to be held today, Saturday, to discuss the draft general budget law for the fiscal year 2021.  The source stated in an interview with (Baghdad Today), that “the cabinet session was postponed until next Tuesday, due to lack of agreement on a price My guess is for a barrel of oil in the bill. "  He added, "Among other reasons, the deficit rate was not specified in the draft budget, and there was no agreement on the value of the loans in it."  On Monday (November 30, 2020), Prime Minister Mustafa Al-Kazemi directed to send the 2021 budget to the General Secretariat of the Council of Ministers immediately for the purpose of checking it.  The spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, said in a press statement, "Al-Kazemi directed the Ministries of Finance and Planning to send the 2021 budget immediately to the Cabinet Secretariat."  He added, "The prime minister directed the ministries of finance and planning to send the budget for the purpose of scrutiny by the legal department in order to allocate an extraordinary session for discussion and refer it to the House of Representatives for approval as soon as possible."  Majeed pointed out that "the government and parliament are unanimous in the need to expedite the approval of the 2021 budget."  The spokesman for the Council of Ministers, Minister of Culture Hassan Nazim, announced that a special session would be held for the purpose of discussing the draft federal budget law for the next year.

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37 minutes ago, PacoTaco said:

This is the link translated with google translate through Chrome.

 

Parliament's financial reporter, Representative Ahmed Al-Saffar, revealed new details regarding a `` new crisis '' that the Iraqi economy is going through, and that concerns the political and technical consensus regarding the budget for next year.  Al-Saffar said, in a televised interview, followed by (Baghdad Today), that "one of the reasons for postponing approval of the budget for 2021 is the changes witnessed by oil prices during these days, and this justifies the delay in approving the draft budget."  He continued, "We believe that a budget of 70 trillion dinars will be sufficient for Iraq," noting that "budgets that exceeded 100 trillion have not been spent until now."  Away from what the parliament is witnessing regarding the upcoming budget, Al-Saffar explained that "there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar," and this matter.  Regarding the Baghdad-Erbil agreement, he said, "Regarding the recent agreement between Baghdad and Erbil, a delegation from the region will visit Baghdad to discuss the budget handling mechanism," adding, "We believe that 250,000 barrels per day will be delivered to Baghdad, as well as 50 imports from the ports."  He stressed the Kurdistan Regional Government's readiness to "hand over all its imports in exchange for Baghdad to spend money for oil-producing companies."  On the other hand, a member of Al-Iqtisadiah, Mahmoud Al-Zajrawi, expressed his fear of a third borrowing scenario by the government.  Al-Zagrawi told (Baghdad Today), "The postponement of the cabinet session on the file to decide the fate of the 2021 budget may come due to a thorough reading of the financial situation, scrutinizing its items and looking into developing possible solutions."  Al-Zagrawi added, "If the postponement is repeated again, this will be the beginning of doubts that it is a government attempt to impose borrowing in the 2021 budget law," and continued, "This is an option that we will reject and will push us to demand its dismissal because the implications of borrowing are very bad for the Iraqi economy."  He expressed his hope that "the government will complete the budget file and expedite sending it to the House of Representatives for study and approval before the deadline for paying salaries next January to avoid major problems."  Al-Zajraoui indicated that "if the government really has determination on the third borrowing file, we will consider the impact in settling the budget as a pressure card on the street through the gate of delaying the payment of salaries in order to approve it," noting that "what we are presenting now is just doubts, hoping that the budget will be taken Its course is in the discount without the borrowing file. "  An informed political source revealed the reason for the postponement of the cabinet session scheduled to be held today, Saturday, to discuss the draft general budget law for the fiscal year 2021.  The source stated in an interview with (Baghdad Today), that “the cabinet session was postponed until next Tuesday, due to lack of agreement on a price My guess is for a barrel of oil in the bill. "  He added, "Among other reasons, the deficit rate was not specified in the draft budget, and there was no agreement on the value of the loans in it."  On Monday (November 30, 2020), Prime Minister Mustafa Al-Kazemi directed to send the 2021 budget to the General Secretariat of the Council of Ministers immediately for the purpose of checking it.  The spokesman for the General Secretariat of the Council of Ministers, Haider Majeed, said in a press statement, "Al-Kazemi directed the Ministries of Finance and Planning to send the 2021 budget immediately to the Cabinet Secretariat."  He added, "The prime minister directed the ministries of finance and planning to send the budget for the purpose of scrutiny by the legal department in order to allocate an extraordinary session for discussion and refer it to the House of Representatives for approval as soon as possible."  Majeed pointed out that "the government and parliament are unanimous in the need to expedite the approval of the 2021 budget."  The spokesman for the Council of Ministers, Minister of Culture Hassan Nazim, announced that a special session would be held for the purpose of discussing the draft federal budget law for the next year.

Nicely done👍

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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.

 

 
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On 12/9/2020 at 12:09 AM, pokerplayer said:
12-8-2020   Intel Guru Frank26  ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what?  The budget?  No.  Regarding the white papers?  No.  Regarding changing the exchange rate of the dollar against the Iraqi dinar.  That's a powerful statement for these people to be saying.  I was floored by it...
 
 
 
 

12-8-2020   Newshound/Intel Guru Petra  The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise.  And this event is truly a global event...it's a very exciting time...the rate is right before us...

Thanks Poker Player - Nice to see you back in the game.  

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1 hour ago, Half Crazy Runner 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.

 

 

Thanks HCR, looks like people are trying to close this out before the new year.  

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4 hours ago, Half Crazy Runner said:

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

monday, 07 december 2020

The date for this article is december 07, 2020. And now we just have to wait for the result ( the rate ) after the minister of finance and the imf finish discussing to determine the exchange rate. Hopefully, exactly one week later on december 14  2020 ( no more delay until 1 month later ) , we can see the rate on the next article. Come rv sooner and closer.

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