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Mr. Sadr tweets on the budget and warns


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5 hours ago, DinarThug said:

"the Iraqi dinar, after 18 years, has become stronger

From 2003 until now 2021, the rate went down from 1190 to 1450 and 1450 isn't called a stronger currency. Come on wake up iraq, if you want to make the iqd stronger, the only solution is to rv your currency and return to glory rate 3,22 usd immediately.

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9 hours ago, DinarThug said:


Wtf ? :blink:

 

 

Ok - We’re Probably Gonna Need To Go To Our ‘PrehistoricMan’ Translator For That One ! :o 

 

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:D  :D  :D 


As the USA’s educational system has all but been turned into nothing more than than propaganda & brain washing institutions, these “ primitive spelling bees “ don’t look so “ primitive “ these days in a world of Idiocracy do they Thug. 
 
Thank U for the excellent post. :tiphat:

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Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop

Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop

04/11/2021 15:17:57

 

The most important thing was mentioned in the speech of Prime Minister Mustafa Al-Kazemi during laying the foundation stone for the project (FCC) of the Southern Refineries Company to enhance the production capacity of improved gasoline.
 
The central bank’s foreign currency reserves have risen to more than 60 billion dollars, after it was 51.9 billionbefore the start of the reform measures of this government. 
The increase came as a result of the reform measures taken by the government after many gambled on its failure and failure to continue.
 
We succeeded in stopping the waste and the great corruption in the notorious Central Bank auction, which is continuing with our procedures, and we will not stop. 

Our anti-corruption measures continue despite the obstacles that some try to put in place, but we will continue without retreat.

We have accomplished many projects in the southern provinces that are deprived due to wars and mismanagement, and we are working with all efforts since we received this government to bring justice to these cities and all regions of Iraq.

We have overcome many challenges and are working to put the country on the right path. What we ask of our people is patience and a spirit of hope.

 

###########

Al-Kazemi: The Central Bank reserves rise to more than $ 60 billion  LINK

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Planning announces the completion of a plan related to government reform and recovery for the next two years

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11th April,2021


Minister of Planning Khaled Battal Al-Najm announced, on Sunday, the completion of the short-term reform and recovery plan prepared by the ministry, as a continuation of the National Development Plan (2018-2022) and in line with the government reform paper.

The minister said during a speech on behalf of the Prime Minister at the first conference on facilitating the return of displaced persons to their homes and facing the challenges of return, organized by the Ministry of Immigration and Displacement, that "this plan is two years old and goes through three main axes, which are the focus of the economic response and includes treatments for the macro-economy, investment and the private sector." 

And that "the second axis is the response and recovery of society and it deals with issues of health, education, the file of displacement and vulnerable groups in society through protection, social services and the promotion of social cohesion."

The minister pointed out that "the third axis is balanced and equitable spatial development, provision of services and infrastructure development," noting that "the majority of the displaced have returned to their areas of residence, but they still face many challenges due to the slow reconstruction processes, as a result of the economic and health conditions that the country is going through." Many of them are still waiting to go home."

Al-Najm stressed that, "The Ministry of Immigration and Displacement, with cooperation and support from the Ministry of Planning, was able to complete the national plan for the return of the displaced, and approved it by the Council of Ministers, which works in two tracks, the first is to work on reconstruction and stabilization in the liberated areas, through a series of important measures and treatments, and the other Providing appropriate means and conditions to secure the voluntary return of the displaced."

He pointed out that the Ministry of Immigration has succeeded in closing many camps, and those efforts have gained international support from the United Nations and UN agencies, whether with regard to preparing the national plan for the return of the displaced or preparing the plan for reform and recovery, stressing, 

"The desire for more joint cooperation and unification of efforts to make the success of these plans will contribute to increasing the pace of reconstruction operations, achieving development in the country and addressing the complex, health and economic repercussions of the crisis within the framework of Iraq’s vision for sustainable development 2030. 

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Al-Kazemi: We are keen and serious about developing the oil industries in Iraq

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11th April, 2021


Prime Minister Mustafa Al-Kazemi confirmed, on Sunday, the government's keenness and seriousness in developing the oil industries, while stressing the reduction of dependence on importing fuel products.

The media office of the Prime Minister stated, in a statement received by Mawazine News / a copy of it, that “Today, Sunday, Al-Kazemi laid the cornerstone for the fourth gasoline improvement units (CCR) and naphtha hydrogenation (NHT) units in Basra Governorate, as part of the work of the Southern Projects Commission In the Oil Projects Company of the Ministry of Oil.

Al-Kazemi stressed, "the government's keenness and seriousness to develop the oil industries in Iraq, as it is one of the important pillars of the Iraqi economy and its development, as well as its contribution to increasing financial revenues and reducing dependence on the import of fuel products to reach the stage of self-sufficiency."

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Representative legal: The exchange rate of the dinar is fixed and the "appeal" does not stop the implementation of the budget

1610114401557.jpg

 

11th April, 2021


The Parliamentary Legal Committee confirmed, on Sunday, that it is not possible to appeal the general budget law for 2021 and change the exchange rate of the dollar against the Iraqi dinar.

A member of the committee, Salim Hamza, told Shafaq News Agency that "an appeal can be filed with the Federal Court on some articles and paragraphs of the General Budget Law, but this appeal will not stop the implementation of the law, but rather stop some paragraphs pending consideration and broadcasting of the appeal filed on those paragraphs."

He added that "the exchange rate of the dollar against the Iraqi dinar is fixed and cannot be challenged, given that the paragraph is not an addition to the budget law. Rather, it is a decision issued by the executive government and the Central Bank and does not contain any violation of the law or the constitution."

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Al-Kazemi's advisor identifies 3 factors to control price increases

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11th April, 2021


Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, on Sunday identified three basic factors to control the rise in prices, indicating that these factors are capable of imposing discipline and stability on the prices of basic materials.

According to the official agency, Saleh said, "There are three main factors in controlling inflationary expectations and the rise in prices in the market."

He added that "the first factor is the ability to provide sufficient financing for foreign trade requirements in foreign currency, which is a work of monetary policy, which is facilitated now."

He continued that "the third factor is the summer agricultural season that provides a high and prosperous food supply," explaining that "these factors are bound to impose discipline and stability on the prices of basic materials, especially if this is supported by the prosperity of the ration card in terms of the quantities supplied and the regularity of supply for citizens." 

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Al-Kazemi: The port of Al-Faw will enhance Iraq's geopolitical position in the region and the world

image.jpeg.f4bb139feaab940f7b5300d649f8c205.jpeg

 

11th April, 2021


The Prime Minister, Mustafa Al-Kazemi, confirmed, on Sunday, that the large port of Al-Faw will enhance Iraq's geopolitical position in the region and the world.

"Today we announce the start of an important strategic project that has been awaited by the people of the country for many years," 

Al-Kazemi said in a speech during the foundation stone laying ceremony for the Grand Faw Port project, according to a statement from his office that Mawazine News received a copy of, stressing that 

the port will provide great opportunities for Iraq and strengthen its geopolitical position in the region and the world, and it will create many job opportunities for the people of Basra and the rest of the provinces, and it will contribute to the development of the province." 

He added, "Many have gambled on the failure of the project and spread several rumors to frustrate the people, but the project is officially launched today after we completed the planning and negotiations stages, and we financed the project from this year's budget."

He continued: "The big FAO project is not only for Basra, but rather is a strategic project that contributes to the development and reconstruction of all governorates of Iraq, and makes the country an economic bridge linking the various countries of the region." 
 

And he added, "We are facing a new stage in the modern history of Iraq, where we overcome crises, and move towards construction, reconstruction and prosperity," calling on the people in Basra and all over Iraq to "have hope and put our hands together, and build our country from Faw to Zakho."

At the end of his speech, he affirmed that "Iraq will rise again with the arms of our young men and women, and by God’s blessing we will open the project and we will continue supervision and follow-up so that it will be completed successfully, God willing, without delay."

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11 minutes ago, DinarThug said:

Representative legal: The exchange rate of the dinar is fixed and the "appeal" does not stop the implementation of the budget

1610114401557.jpg

 

11th April, 2021


The Parliamentary Legal Committee confirmed, on Sunday, that it is not possible to appeal the general budget law for 2021 and change the exchange rate of the dollar against the Iraqi dinar.

A member of the committee, Salim Hamza, told Shafaq News Agency that "an appeal can be filed with the Federal Court on some articles and paragraphs of the General Budget Law, but this appeal will not stop the implementation of the law, but rather stop some paragraphs pending consideration and broadcasting of the appeal filed on those paragraphs."

He added that "the exchange rate of the dollar against the Iraqi dinar is fixed and cannot be challenged, given that the paragraph is not an addition to the budget law. Rather, it is a decision issued by the executive government and the Central Bank and does not contain any violation of the law or the constitution."

 

LINK

Parliamentary Committee: The Budget Law has become effective and there is no going back to amend or add any paragraph

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19:33 - 10/04/2021
 

The Parliamentary Legal Committee confirmed, on Saturday, that it is not possible to amend or add to the budget after its exit from Parliament.

A member of the committee, Salim Khader, said in a statement to the agency, “The Parliament gave legitimacy by approving the budget and voting on all its articles and sending them to the Presidency of the Republic for approval”, indicating that “it is not possible to return to the amendment, addition and deletion sessions after approval, as they have become Legally enforceable”.

He added, "The statements issued regarding the possibility of making an amendment to the budget with regard to some segments and their re-inclusion is unlikely and unreal.

Rather, there are degrees named in the budget that will include only the slides that pertain to them."

He pointed out that "this matter applies in both cases before or after the presidency of the republic approved the budget because it has acquired the Sharia and has been granted legal status and will go to the finance for the division.

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Emphasizing his support (Made in Iraq) .. The Governor of the Central Bank of Iraq is inspecting a number of investment projects in Baghdad

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11th April, 2021

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, visited a number of investment projects funded by the Central Bank's initiative (one trillion dinars) concerned with large, medium and small projects.

During his tour of productive factories in Baghdad, the governor affirmed that the slogan "Made in Iraq" must receive all support, not only from the Central Bank, but from all official bodies in the Iraqi state.

He explained that the initiative of this bank for projects, since its inception, has paid great attention to stimulating the industrial, agricultural, residential and investment sectors that would support the Iraqi economy and employ Iraqi hands.

Central Bank of Iraq

Information Office
April 11, 2021


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###############


Central Bank Governor: The slogan “Made in Iraq” must be supported by all official authorities  LINK

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To all non-bank financial institutions

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11th April, 2021


In light of the job developments in the work tasks and the new strategic objectives of the Center for Banking Studies at the Central Bank of Iraq, we inform you that the Center is ready to hold participation certificate courses for the purposes of appointment to administrative positions in non-banking financial institutions by relying on experts and academic professors in the implementation of courses as well as cadres Bank, except for courses with a professional certificate.

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In the document .. seizure of the movable and immovable funds of a former general manager in the Central Bank

 
In the document .. seizure of the movable and immovable funds of a former general manager in the Central Bank
 
 
04/11/2021 18:54:00
 
 

A letter from the Ministry of Finance withholding the movable and immovable money according to the decision of the Rusafa Court of Appeal to the Director General of the Administration in the former Central Bank, Saleh Mahoud.

 

 

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20 minutes ago, DinarThug said:

LINK

Representative legal: The exchange rate of the dinar is fixed and the "appeal" does not stop the implementation of the budget

1610114401557.jpg

 

11th April, 2021


The Parliamentary Legal Committee confirmed, on Sunday, that it is not possible to appeal the general budget law for 2021 and change the exchange rate of the dollar against the Iraqi dinar.

A member of the committee, Salim Hamza, told Shafaq News Agency that "an appeal can be filed with the Federal Court on some articles and paragraphs of the General Budget Law, but this appeal will not stop the implementation of the law, but rather stop some paragraphs pending consideration and broadcasting of the appeal filed on those paragraphs."

He added that "the exchange rate of the dollar against the Iraqi dinar is fixed and cannot be challenged, given that the paragraph is not an addition to the budget law. Rather, it is a decision issued by the executive government and the Central Bank and does not contain any violation of the law or the constitution."

yep fixed but zeros are not

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On 4/8/2021 at 9:53 PM, DinarThug said:

it announces that the beginning of the second legislative term / third legislative year

will be on Tuesday 20/4/2021".

Parliament presidency sets the date for the start of the second legislative term  LINK


Yo Snap - It Looks Like Parliament’s Next Session On ‘4/20’ Might No Longer Be Etched In ‘Stoned’ ! :o 
 

:D  :D  :D 

 

LINK

After 50 deputies were injured, Corona mortgages the fate of the next parliament session

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11th April, 2021


The representative of the Parliamentary Wisdom Bloc, Ali Al-Badiri revealed, on Sunday, that 50 deputies in the House of Representatives had tested positive for Corona virus.

Al-Budairi told Shafaq News Agency, that "holding Parliament sessions on April 20 is very unlikely, due to the high rate of Coronavirus infections among MPs."

He added, "There are more than 50 deputies infected with Coronavirus, and this threatens the holding of Parliament sessions this month."

The Presidency of the Council of Representatives announced on April 8, the end of the first legislative term for the third legislative year, and set on Tuesday April 20 as the date for the start of the implementation of the second legislative term for the third legislative year.

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Yo Snap - I Wonder If Frankie Will Issue A Red Alert From The Blue Couch For The New Holiday This Week ! 🛋 

 

:D  :D  :D 

 

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Kurdistan Regional Government declares a one-day official holiday

 

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11th April, 2021

On the occasion of the "Red Wednesday" holiday of the Yazidi sect, it was decided to suspend work in government departments and institutions in the Kurdistan Region for one day this week.


According to the official holidays calendar in the region, which was published today, Sunday, by Kurdistan government spokesman Gutiar Adel, the 14th of April is an official holiday every year on the occasion of "Red Wednesday".

Adel added that work will be suspended this year on the same date and for the same occasion.

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Dinar Thug.......man all these Articles are Awesome to point in the same Direction they need to be moving. So can you work your Clown Powers and knock these people Over the Head ....Get them to realize they need to have a Value to their currency as well as being Internationally Tradable.....

 

They have a Long Ways to go and a Short Time to Get There......If they are going to pull Iraq out of becoming a 3rd World Country with no way out.

 

They or those in control Have to know there in one one thing they can do to save Iraq Unlike those in power In The US today that are forcing this country to fail.

 

Karsten

Edited by Karsten
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Adapt to the exchange rate

 

Monday April 12, 2021


alsabaah-73601.jpg

 

Muhammad Sharif Abu Maysam 

 

On the 16th of last March, the Central Bank of Iraq explained, through a statement, the reason for the decline in the exchange rate of the dollar in the parallel market - especially in February - from the official selling price after changing the price by the bank at the end of December of 2020, and the central explained This decline in what he called "the domestic market shock" which required a period of adjustment to make the settlements that occurred between each of the merchants (wholesale, retail, singular) and the settlements of wholesalers with banks, as imports decreased to severe levels, and then the demand for Foreign currency decreased. ».


However, this interpretation based on the market mechanism did not take into account the impact of the political space on this mechanism, as the apprehension of many of the public, including many traders and speculators, remained escalating at times and decreasing at other times, according to the statements and promises regarding the influence of the central decision and the intention to retract it in favor of Slogans, which were employed to win positions, without taking into account the nature of the variable that requires preparation for the influx of foreign investments and the establishment of an investment climate led by capital allied to globalization capital in the region, which requires working on several axes in order to achieve this trend, and the exchange rate has not increased in the parallel market Only after approving the budget, and ensuring that the relevant authorities proceed with their policies without return, to create a competitive environment that protects the local product from the decline in the prices of goods produced in the geographical neighborhood countries and to pave the way for monetary stability that encourages foreign capital to enter the Iraqi arena in a security, legal and stable monetary environment.

But adapting to the exchange rate will not take its form that attracts investment, except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation to ensure the movement of capital into and out of the Iraqi interior, without any effect of the difference in the value of the exchange rate with Other currencies .

 And to ensure investment accounts in the feasibility studies prepared by the investors, as they are keen in the financial feasibility studies to ensure that the price does not change in the parallel market, during the life of the project to achieve the feasibility of establishing the project, as well as the importance of competitiveness to protect the local product, which is likely to adopt the method of "floatation." Al-Madar »in the next step, in conjunction with the increase in the central reserves, which will contribute to giving more freedom to maneuver those in charge of monetary policy, and to ensure adaptation to the fluctuations of the parallel market up to For stability.
LINK
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54 minutes ago, DinarThug said:

to pave the way for monetary stability that encourages foreign capital to enter the Iraqi arena in a security, legal and stable monetary environment.

 

POW, BOOM, KABOOM.  THATS THE WAY TO PUSH THE DAMN BUTTON.  

 

 

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54 minutes ago, DinarThug said:

which is likely to adopt the method of "floatation."

 

Getting used to the flotation device will take some time.

 

 

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