FRANK26: "FROM YOUR MOUTH TO GOD'S EARS TO SUDANI'S SIGNATURE", 16 JAN

 KTFA

FRANK26: "FROM YOUR MOUTH TO GOD'S EARS TO SUDANI'S SIGNATURE".......F26

 

2025 budget is on the verge of legislation, and delaying the schedules will not stop the decision

 

1/11/2025

 

Jamal Kojer, a member of the Finance Committee in Parliament, confirmed today, Saturday, that the 2025 budget schedules have not reached Parliament yet, but he stressed that the budget will be legislated during the current legislative session.

 

Kocher explained in a statement to {Euphrates News} that "the delay in the arrival of the tables will not affect the course of the budget legislation, indicating that the next legislative session will be quieter due to the preoccupation of the representatives with the elections, which will reduce their attendance at the sessions."
It is noteworthy that the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press statement that Article 77/Second of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the three-year budget, stipulates that the government sends the budget tables for the years 2024 and 2025 to the House of Representatives for approval before the end of the previous fiscal year.
He added that the Ministry of Finance has announced that it is in the process of preparing the general budget schedules for the year 2025, in accordance with the constitutional mechanisms adopted by the aforementioned Triennial Budget Law.

Saleh noted that the federal general budget tables for the year 2025 will be based on the constants of Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, in a way that ensures that the provisions of the budget tables for the year 2025 are adapted within the available legal texts, in addition to relying on the performance of the indicators of the general budget tables for the year 2024.

From.. Raghad 

LINK

MELANIA HINDS CC HIGHLIGHTS NOTES, 16 JAN

 MELANIA HINDS CC HIGHLIGHTS NOTES

Highlights

Summary

In this video summary, the speaker discusses significant recent developments in Iraq, particularly focusing on a historic partnership agreement between Iraqi Prime Minister Muhammad Shia Al Sudani and British Prime Minister Keir Starmer.

 The agreement, valued at £12.3 billion, encompasses various sectors including trade, security, and infrastructure, aiming to bolster Iraq’s economy and enhance its sovereignty.

 The speaker highlights key projects, economic reforms, and the evolving political landscape in Iraq, while also engaging with the audience by asking for their opinions on investment strategies related to the Iraqi dinar. 

The video transitions into a broader discussion about various economic activities and challenges that Iraq faces, including discussions around Article 140 and the ongoing issues with smuggling and market rates. The speaker encourages community feedback and participation in upcoming conversations about Iraq’s future.

• 🇮🇶 Historic Partnership: Iraq and the UK sign a £12.3 billion deal focusing on trade, industry, and security.
• 💧 Infrastructure Projects: The agreement includes major initiatives for water and electricity, benefiting millions of Iraqis.
• 📊 Economic Reforms: Iraq is poised for unprecedented reforms aimed at stabilizing its economy and currency.
• 🌍 Strategic Goals: The partnership seeks to deepen cultural ties and address challenges like migration and climate change.
• 🏗️ Major Projects: Six significant initiatives are expected to enhance Iraq’s GDP and economic status.
• 🔄 Monetary Changes: Discussions about potential changes in the Iraqi dinar’s exchange rate and market dynamics are highlighted.
• 🔍 Community Engagement: The speaker invites viewers to share their thoughts and experiences related to Iraqi investments.

Key Insights

• 🔗 Strategic Partnership with the UK: The £12.3 billion partnership between Iraq and the UK signifies a major shift in Iraq’s international relations, focusing on trade, security, and infrastructure. This agreement is a crucial step towards Iraq’s economic recovery and stability, aiming to foster a sovereign and prosperous nation. The commitment to rehabilitate military bases and enhance water and electricity infrastructure reflects Iraq’s pressing needs and strategic priorities in rebuilding its economy.

• 💼 Focus on Economic Growth: The six key projects mentioned by the speaker are a pivotal aspect of Iraq’s economic strategy. These projects, including the development of transport networks and energy exploration, are expected to significantly boost Iraq’s GDP and enhance its economic status on a global scale. The emphasis on collaboration with international entities like Total Energies and the United Nations demonstrates Iraq’s commitment to seeking foreign investment and expertise.

• 🌐 Importance of Reforms: The speaker emphasizes that without significant reforms, Iraq risks economic collapse. The video suggests that the current administration is aware of this urgency and is taking steps to implement necessary changes. The mention of reforms that have “never been seen in their lifetime” highlights the transformative potential of these measures, which could significantly impact the Iraqi dinar’s value.

• ⚖️ Political Unity in Iraq: The speaker notes a strong consensus among Iraq’s political leaders regarding the need for a unified Iraq. This political cohesion is vital for the successful implementation of reforms and economic initiatives. The reference to religious leaders supporting this unity underscores the importance of a collective approach in navigating Iraq’s complex political landscape.

• 📈 Market Dynamics and Currency Stability: The discussions surrounding Article 140 and the potential changes in the Iraqi dinar’s exchange rate indicate a growing focus on stabilizing Iraq’s currency in the foreign exchange market. The speaker expresses confidence that the Central Bank of Iraq is closely monitoring market rates, suggesting an intention to adopt a more flexible approach to currency valuation.

• 🚀 Emerging Opportunities: The video highlights the emergence of new investment opportunities in Iraq, particularly in the context of Forex trading and the potential for a currency reset. The mention of various currencies and the increasing interest in digital platforms for trading indicates a shift towards modern financial practices in Iraq. This evolution could attract more investors looking to engage with the Iraqi economy.

• 👥 Community Engagement and Support: The speaker actively encourages audience participation and feedback, fostering a sense of community among viewers. By inviting comments and discussions about their investments and experiences, the speaker creates an engaged audience that can collectively navigate the complexities of investing in Iraq. This engagement reflects a broader trend of community-driven investment strategies, where shared knowledge and experiences can lead to more informed decision-making.

In conclusion, the video presents a comprehensive overview of Iraq’s current economic and political landscape, emphasizing the importance of international partnerships, economic reforms, and community engagement in shaping Iraq’s future. The speaker’s insights and call for audience participation reflect a commitment to keeping viewers informed and involved in the ongoing developments in Iraq.

MZ: the dinar is popping up on different aps and pairing with different crypto pairing.this is big!!

 

FRANK26: "READ IT... OR WEEP.", 16 JAN

 KTFA

FRANK26: "READ IT... OR WEEP."..........F26

The House of Representatives discusses amending the Unified Retirement Law and the General Budget

 

1/11/2025

The Iraqi Council of Representatives is scheduled to resume its sessions tomorrow, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda, as it proposes extending the retirement age for public sector employees to 63 years.

In this regard, Dr. Narmin Marouf, a member of the Parliamentary Finance Committee, said: “The first session of the first legislative term of the new year will be held on Sunday, as the agenda includes the first reading of the draft law amending the General Retirement Law No. 9 of 2014.”

Dr. Narmin Marouf added: “The main article to be amended in the law is Article 5 related to the retirement age, as the amendment proposes returning the retirement age for public sector employees to 63 years, as it was before the legislation of the aforementioned law, which reduced the retirement age to 60 years.”

The Council of Representatives is scheduled to hold another session on Monday 13/10, and its agenda includes 10 paragraphs, the most important of which is the second reading of the draft amendment to the Federal General Budget Law.

The amendment relates to Article 12 of the Federal Budget Law of the Republic of Iraq for the fiscal years (2023-2024-2025) No. 13 of 2023, and this article concerns the export of oil extracted from the Kurdistan Region through the Iraqi Oil Marketing Company (SOMO).

On 11/7/2024, the Presidency of the Iraqi Council of Representatives decided to extend its legislative term for 30 days, starting from November 9.

LINK

TIDBIT FROM MILITIAMAN, 16 JAN

 Militia Man 

 Article quote:   "Iraq achieved a noteworthy diplomatic accomplishment last September when it was formally elected chair of the group 77...held in the United Nations Headquarters in New York. 

 The G77 is the largest intergovernmental organization of developing countries in the United Nations which provides the means to promote their collective economic interest and enhance their joint negotiating capacity on all major international economic issues within the United Nations system." 

 So Iraq is going to go from not even having an international accepted currency to do all this?   Really?  I don't think so.

IRAQI BANK FRIEND AKI: WE ARE JUST WAITING THE NEW EXCHANGE RATE THAT WILL COME WITH 2025 BUDGET