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Budget Law Was Voted On Last Night.


Luigi1
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Here's an article of Dinarian interests....

The Budget Law was supposed to be voted on & approved last night.

The outcome has not been made public, yet.

Treat as a rumor.  Not verified.  Youir opine.

 

 

From Other Sources: Almost Final Confirmation From The Framework About The Budget Pass Session...

ARTICLE: Will We Witness A Vote?   The coordination framework, which brings together the Shiite political forces, confirmed today, Thursday, the existence of a political agreement to resolve the passing of the Budget Law, today.

 

“There is a political agreement to pass the budget law during the day & to postpone the session until the evening, because there are some problems with the budget paragraphs & they are on their way to a solution,” MP Mahdi Taqi told Earth News.   Taqi stated that “solutions have been reached by the Kurdistan Democratic Party regarding the region’s paragraphs within the Budget & the Budget Law will be passed according to what was amended by the Finance Committee & with the agreement of the political blocs & not as stated in government texts.” 

 

 Legal Expert: Passing The Budget Without Taking Into Account The Decisions Of The Federal Court Will Put Parliament In Front Of A Constitutional & Legal Violation    The legal expert, Counselor Salem Hawas, affirmed that the agreement to approve the draft general Budget Law, which is scheduled to be voted on today, despite the objection of some & without taking into account the previous decisions of the Federal Supreme Court Regarding the export of oil through the oil distribution company, SOMO, will put Parliament before a clear constitutional & legal violation. 

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Tlm724 Administrator Bondlady’s Corner: The CBI Denies Depriving Banks & Companies From Participating In The External Transfer Platform.

ARTICLE:  The CBI denied, on Wednesday, reports that a group of licensed banks & electronic payment companies were denied participation in the external transfer platform. The CBI also denied, in a statement issued today, “rumors about banning or stopping electronic payment cards issued by private banks or electronic payment companies.”  The bank stressed, “This news is untrue, as its main goal is to manipulate the exchange rate by speculators in foreign currency.”

 

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MilitiaMan:  What We’re Waiting On Is The Budget To Be Passed, Ratified, However You Want To Talk About It. 

ARTICLE: Does it happen today… Something could happen just thereafter and/or prior to getting it to The Gazette.   There’s a window there.   I’m not saying I know how it’s going to play out but the nice part is there could be a rate before the Budget gets exposed or B at the same time or C within a short period of time because …we know the Budget doesn’t work at 1310 so there’s going to be some changes…

 

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Here's another article related to the above...GOI wants to do digital in both buying & selling of all major currencies...USD is not prepared to go at this time...

 

 

Goldilocks:  House Republicans Have Moved From Discussions To A Proposal & Now, A Draft Of Digital Asset Regulations.

ARTICLE: At the Commodities Futures Trading Commission open meeting today, the CFTC Approved the final governance rule, two proposals & other business items on the table.  Below, you will see the approved items. These approved items have to deal with our currency swaps, recording requirements & digital assets swaps.  These approved determinations will govern our digital/currency economy going forward. * “Final Rule: Governance Requirements for Derivatives Clearing Organizations * Proposed Rule: Derivatives Clearing Organizations Recovery & Orderly Wind-down Plans; Information for Resolution Planning.

 

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Clare:   Reason For Delay.

ARTICLE:  “Urgent, He revealed the reason for the postponement of the Parliament session to eight in the evening ”  Quote: “A deputy revealed the reason for postponing the House of Representatives session, scheduled for today, Thursday, to vote on the draft financial budget law, from 1:00 p.m. to 8:00 p.m…Jawad al-Ghazali, of the State of Law bloc… expressed his confidence in “approving the budget this evening because the Iraqi people need and are waiting for that.“

 

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Pimpy:   It Looks Like They Finally Might Have Agreed On A Budged. 

ARTICLE: Supposed to be voted on by today.   We’ll see.   It looks like the Kurdistan Democratic Part, the same group of people they said they were going to pass the bill without, not only were they not able to pass the Budget without them but it looks like they got exactly what they wanted according to the articles…let’s see if they got anything accomplished.

 

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1 hour ago, Luigi1 said:

Here's another article related to the above...

 

 

Clare:   Reason For Delay.

ARTICLE:  “Urgent, He revealed the reason for the postponement of the Parliament session to eight in the evening ”  Quote: “A deputy revealed the reason for postponing the House of Representatives session, scheduled for today, Thursday, to vote on the draft financial budget law, from 1:00 p.m. to 8:00 p.m…Jawad al-Ghazali, of the State of Law bloc… expressed his confidence in “approving the budget this evening because the Iraqi people need and are waiting for that.“

 

And today's hidden but obvious keywords:  "draft" financial budget law.  Draft is a far cry from actual budget. And all the while the "gurus" are running around wetting their Depends over the upcoming rate change within the budget.  No need to hold your breath folks, we're still a long ways away I'm afraid.  But, that's my humble opinion for what it's worth.

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