Saturday Night News & Opinions - 9:01 PM MST - 1/10/2026

[ronscarpa]

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 

 

 

1-10-2026  Jeff  Inside the budget it'll show you the period of coverage for those.  There's been some different theories on this, but the budgets themselves say that the period of coverage spans from January through December.  If that is  indeed their budget period that's critical to the timing of a rate change.  Here's why.  Budgets are calculated off the currency value.  The budget is also a law. The '26 budget has not been approved. That's because all aspects of that law have to exist such as the currency value that it's calculated off of. They also have not approved the '25 amended budget either because the '25 amendment budget was calculated off the new currency value, as is the new '26 budget. That's the reason they cannot  approve those laws until the correct currency value exists that the budget was calculated off of. Very simple.

 

1-10-2026  Militia Man  Over delivery thrives on surprise.  In other words, the expectations are put out for a long period of time, they're actually doing it faster and probably going to surprise us.

 

1-10-2026  Samson Article: "TRADE IS MOVING TOWARDS REDUCING SOME TARIFFS IN PREPARATION FOR JOINING THE WORLD TRADE ORGANIZATION"

 

 

[ronscarpa]

Iraq fixes 2026 budget at 1,300 dinars per dollar - 1/08/ 2026

However, it doesn't say the budget is p[assed, and in the article it refers to 

 

https://shafaq.com/en/Report/Deficit-soars-projects-freeze-Iraq-heads-into-2026-with-NO-BUDGET

[Luigi1]

 

10 hours ago, ronscarpa said:

Iraq fixes 2026 budget at 1,300 dinars per dollar - 1/08/ 2026

However, it doesn't say the budget is p[assed, and in the article it refers to 

 

https://shafaq.com/en/Report/Deficit-soars-projects-freeze-Iraq-heads-into-2026-with-NO-BUDGET

 

Not a big deal...

If & when the RV-RI happens...it's just a matter of moving the decimal point over three positions.

 

No doubt, Parlament already know the rate & has two set of books to adjust when time comes.   IMHO.

[screwball]

8 hours ago, Luigi1 said:

f & when the RV-RI happens...it's just a matter of moving the decimal point over three positions.

 

No doubt, Parlament already know the rate & has two set of books to adjust when time comes.   IMHO.

yes 100% two sets of books we know this, you are correct 100% in what you say!

[screwball]

remember they also say "2026 budget" theres no talk of general or supplementary?? I believe general budget is based on current value, but the supplementary budget is absed of new rate, an adjust rate, with zeros removed...supplementary budget talks to reconstruction and social security welfare etc. 

[screwball]

18 hours ago, ronscarpa said:

Iraq fixes 2026 budget at 1,300 dinars per dollar - 1/08/ 2026

However, it doesn't say the budget is p[assed, and in the article it refers to 

 

https://shafaq.com/en/Report/Deficit-soars-projects-freeze-Iraq-heads-into-2026-with-NO-BUDGET

yep and doesnt say what it covers....still smoke