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2nd or 3rd Reading in a few days???

Hamels

By Hamels,
in Iraq & Dinar Related News

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Hamels Newbie

Hamels

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Iraqi parliament to further discuss the draft general budget ("approval during the next few days"!!!) Today at 2:27 pm

Iraqi parliament to further discuss the draft general budget

Iraqi Council of Representatives

07.01.2012

Completed the House of Representatives Saturday to discuss the budget 2012 and read it again in preparation for APPROVAL during the next few days. and late Saturday session for about an hour due to lack of quorum, after deciding to members of the coalition in Iraq to continue their boycott of parliament sessions, preferring to stay out of the chamber.

National Alliance MP Ali inch likely to take the second reading of several days due to some objections to the terms of the budget. Kurdistan Alliance MP Qassem Mohammed pointed out that despite the boycott of Iraqi MPs meeting to discuss the General Budget Law, except that the internal regulations of the parliament did not prevent discussion of any law as long as a quorum is complete, He explained that the draft budget contains a lot of gaps will Parliament to find appropriate solutions to them before approval.

Planning Minister Ali Shukri, who attended the meeting to participate in the discussion of the budget year 2012 expected in a statement to Radio Free Iraq that is adoption of the budget during the month of January, warned at the same time consequences of delaying approval of the conduct of investment projects and the development process in Iraq. The session saw the parliament on Saturday and also perform former Minister of State for Foreign Affairs Ali Alsjeri sworn in as a deputy in Parliament, which recessed until Monday next.

http://www.iraqhurr.org/content/article/24444938.html

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fastarnie Newbie

fastarnie

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This very thing happened last year and the year before. Everybody thought that the budget would show the rate and they would revalue their currency. Didn't happen, and I know we're so close we can almost taste it. Just try not to put so much stock in the budget. I think this thing hinges more on tax and banking laws than the budget. I really do hope they crack this nut this month. Stay grounded and have a nice day :)

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steveinfla Newbie

steveinfla

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Who knows the real thruth as to what happens behind closed doors, for all I know it could be done.

That is very true.....

It is my understanding that when Kwait's dinar was re-instated back in the 90's it took 15 days to hit forex and the intertional market. (again that is my understanding). So with that being said could Iraq have already rv'ed and now they are scrambling to get this done by the 15th??? Just a simple theory but that could rationalize this rush to get things done quick action we are seeing...

But hey I could be way off base on this too....

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Carrello Rising Star

Carrello

Posted
Posted

This very thing happened last year and the year before. Everybody thought that the budget would show the rate and they would revalue their currency. Didn't happen, and I know we're so close we can almost taste it. Just try not to put so much stock in the budget. I think this thing hinges more on tax and banking laws than the budget. I really do hope they crack this nut this month. Stay grounded and have a nice day :)

I agree with you.

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TonyDownTheShore Newbie

TonyDownTheShore

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That is very true.....

It is my understanding that when Kwait's dinar was re-instated back in the 90's it took 15 days to hit forex and the intertional market. (again that is my understanding). So with that being said could Iraq have already rv'ed and now they are scrambling to get this done by the 15th??? Just a simple theory but that could rationalize this rush to get things done quick action we are seeing...

But hey I could be way off base on this too....

As you know this is all speculation, but you could be right, rv may have been authorized and just waiting to hit forex before revealing it on CBI

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SINGH Rookie

SINGH

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I think the HCL holds more stock than the budget does...........IMHO

I'd rather see that HCL pass.

Also, I see a lot of transparency begining to happen. So I don't belive in the "behind closed doors" thing, that the rv happened and waiting to hit forex. I just don't buy into it. I feel we will get a clear picture without saying it RV'D that it's going to happen

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behaviorkat Newbie

behaviorkat

Posted
Posted

This very thing happened last year and the year before. Everybody thought that the budget would show the rate and they would revalue their currency. Didn't happen, and I know we're so close we can almost taste it. Just try not to put so much stock in the budget. I think this thing hinges more on tax and banking laws than the budget. I really do hope they crack this nut this month. Stay grounded and have a nice day :)

Yep!!!!!

GO RV........

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FlintNPebbles Newbie

FlintNPebbles

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Yeah just like Obama and his national healthcare plan....all behind closed doors.

Why? Is this a necessary statement that added something to the topic at hand? I am NOT an Obama supporter but I get really tired of his name or politics being brought up in all the topics....if they pertain to him or not.

Sorry....I am not usually so touchy but it's getting old.....

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Danneedsrvnow Newbie

Danneedsrvnow

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I think the HCL holds more stock than the budget does...........IMHO

I'd rather see that HCL pass.

Also, I see a lot of transparency begining to happen. So I don't belive in the "behind closed doors" thing, that the rv happened and waiting to hit forex. I just don't buy into it. I feel we will get a clear picture without saying it RV'D that it's going to happen

Personally I would like to see the budget before the HCL.

I think it's possible we have not seen the HCL published because they are waiting on the budget.

As far as the "behind closed doors" meetings....I too consider most of that, made up guru trash

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E. 1999 Newbie

E. 1999

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Why? Is this a necessary statement that added something to the topic at hand? I am NOT an Obama supporter but I get really tired of his name or politics being brought up in all the topics....if they pertain to him or not.

Sorry....I am not usually so touchy but it's getting old.....

good humor

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