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Parliament Finance holds a meeting headed by Al-Atwani in preparation for the arrival of the 2024 budget

HowieC
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HowieC Veteran

HowieC

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Parliament Finance holds a meeting headed by Al-Atwani in preparation for the arrival of the 2024 budget
 
Economy | 01:57 - 04/16/2024
 
Mawazine News - Baghdad
Today, Tuesday, the Parliamentary Finance Committee held a meeting headed by Atwan Al-Atwani in preparation for the arrival of the 2024 budget schedules.
Al-Atwani’s media office said in a statement received by Mawazine News, “Today, the Parliamentary Finance Co
l-Atwani confirmed that “this meeting came in preparation for the arrival of the 2024 budget schedules,” pointing out that “we discussed a number of files, including the delayed release of funding, and we reviewed the 2023 spending schedules.”
 
 
 
 
 
 
 
 
 
 
 
 
 
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BETTYBOOP Grand Master

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So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

Edited by BETTYBOOP
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pokerplayer Grand Master

pokerplayer

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17 minutes ago, BETTYBOOP said:

So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

 

Works just fine for me Betty, love the way your thinking my friend :D

 

  pp

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NoviceInvestor Proficient

NoviceInvestor

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6 hours ago, BETTYBOOP said:

So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

End of April or Early May would suit me fine @BETTYBOOP🙏🙂

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Half Crazy Runner Veteran

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11 hours ago, BETTYBOOP said:

So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

That scenario sounds great to me!! :undocumented:

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HowieC Veteran

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Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables
 
Time: 04/17/2024 07:43:30
 
Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables
{Economic: Al-Furat News} The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial budget schedules for 2024 were “almost” complete.
In a press statement, Saleh considered “the presentation of the financial schedules for the fiscal year 2024 by the executive authority for parliamentary approval” as a “flexible legislative path, as an integral part of the financial constants and principles of the Federal General Budget Law No. 13 of 2023 (Tripartite).”
He stated, “ These tables include revenues, public expenditures, and the estimated hypothetical deficit, and they are within the law that was originally legislated by the House of Representatives and published in the Official Gazette last year. The proposed financial tables that are being prepared by the executive authority today, and which have become almost complete, are based on financial legislation. implemented and approved under the aforementioned Tripartite Budget Law.”
He added, “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024, especially new investment projects, and financial commitments and pledges during the current year, in order to Implementing it as an annual financial plan within the framework of the principles of the tripartite general budget itself, in letter and spirit.”
 
 
 
 
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WheresmyRV? Veteran

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3 hours ago, HowieC said:
Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables
 
Time: 04/17/2024 07:43:30
 
Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables
{Economic: Al-Furat News} The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial budget schedules for 2024 were “almost” complete.
In a press statement, Saleh considered “the presentation of the financial schedules for the fiscal year 2024 by the executive authority for parliamentary approval” as a “flexible legislative path, as an integral part of the financial constants and principles of the Federal General Budget Law No. 13 of 2023 (Tripartite).”
He stated, “ These tables include revenues, public expenditures, and the estimated hypothetical deficit, and they are within the law that was originally legislated by the House of Representatives and published in the Official Gazette last year. The proposed financial tables that are being prepared by the executive authority today, and which have become almost complete, are based on financial legislation. implemented and approved under the aforementioned Tripartite Budget Law.”
He added, “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024, especially new investment projects, and financial commitments and pledges during the current year, in order to Implementing it as an annual financial plan within the framework of the principles of the tripartite general budget itself, in letter and spirit.”
 
 
 
 

:backflip:

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Longtimelurker Grand Master

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18 hours ago, BETTYBOOP said:

So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

My understanding is they will monitor the inflation for 3 days, 3weeks or 3 months.. read that in an article years ago and it stuck in my head. Fits with your projection 

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