More Obstruction To The Passage of The 2023 Budget Law.

[Luigi1]

Here's an article of Dinarian interests...

More Obstruction To The Passage of The 2023 Budget.

More delays means we may kiss June good-by.

Treat as a rumor.  Not verified.  Your opine.

 

 

From Another Source: The Democrat Continues The Policy Of Pressure And Obstructs The Passage Of The Budget.  

ARTICLE: The Kurdistan Democratic Party continues its rejection of the amendments made to the draft budget law, which the committee is about to hand over to the Presidency of Parliament for a vote on, as the dispute centered on Articles 13 and 14, where the dispute arose over oil exports, revenues & selling through SOMO Company, which confirms Barzani’s party’s desire to be alone in making decisions, although the money & revenues must return to the federal government in Baghdad in order to ensure that they are distributed fairly among everyone, including the region.

 

[Luigi1]

Here's another article related to the above...some good news...at least the Dinar-USD ER has been stable for the last month...this should facilitate matters easier when the time comes...

 

 

Tlm724 Administrator Bondlady’s Corner:   The Stability Of The Dollar Exchange Rate On The Local Stock Exchange.

ARTICLE: The exchange rates of the US dollar against the Iraqi dinar stabilized, today, Wednesday, on the main stock exchange in the capital, Baghdad.  The central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded this morning an exchange rate of 146,000 Iraqi dinars for 100 US dollars.  While the selling price in exchange shops in the local markets in Baghdad was recorded at 147,000 dinars per 100 US dollars, and the purchase price was 145,000 dinars per 100 dollars.

 

[rvmydinar]

3 hours ago, Luigi1 said:

More delays means we may kiss June good-by.

This won't be the first time. We have already been kissing goodbye since June 2003 until June 2023. That's almost 20 years. Hopefully , we don't have to kiss goodbye for another 20 years more.

[davis411]

53 minutes ago, rvmydinar said:

we may kiss June good-by.

Not me

ward will be mad

and take it out on the beaver 

[JonnyV]

35 minutes ago, davis411 said:

Not me

ward will be mad

and take it out on the beaver 

 

😳

[rvmydinar]

5 hours ago, Luigi1 said:

 we may kiss June good-by.

 

31 minutes ago, davis411 said:

 

 

Hey davis411. How did you switch the " Name " from " Luigi1 " to " rvmydinar "? How did you do that?

[Luigi1]

Here's another article elated to the above...USD outlawed in daily street speculations...

 

 

Tlm724 Administrator Bondlady’s Corner:   Central Bank: The Dinar Is The National Currency & There Is No Need To Deal In Dollars.

ARTICLE:  The CBI identified the party responsible for selling the Dollar at the parallel price, while stressing that the Dinar is the national currency & there is no need to deal with anything else.  

"The aim of the Central Bank's launch of the three consecutive packages is to maintain the stability of the exchange rate & deal at the official price & the sale was launched through cash sales platforms," said Muhammed Yunis, the Deputy Director General of the Investments Department at the CBI.

He added, "The bank is currently adopting a mechanism to improve procedures, facilitate remittance transfers & overcome all difficulties," pointing out that "small merchants who are not entitled to enter the platform are the ones who buy Dollars & deal at the parallel price, pressure & form a demand for it.  As for the rest of the commercial companies, they enter the platform & run Its remittances are normal & at the official rate.”

He continued, "The members of the Iraqi Dinar support Committee are communicating with the security services to implement the instructions of the Council of Ministers & the Central Bank to support the Dinar, stabilize the exchange rate & prevent informal dealings because there is no need to deal in Dollars in Iraq."

He emphasized that "those who speculate with Dollars violate the law & dealing with them takes place through the Iraqi judiciary."

[coorslite21]

Shafaq.com....a news source....indicates the Kurdish situation regarding articles 12,13,14 might drag on a bit....

Short on time today....enjoy your Friday...    CL

[Luigi1]

16 minutes ago, coorslite21 said:

Shafaq.com....a news source....indicates the Kurdish situation regarding articles 12,13,14 might drag on a bit....

Short on time today....enjoy your Friday...    CL

 

Thank you for this update.