Sunday, December 31, 2023
Turkmen leader: The region’s talk about the oil and gas law is a “lie”, 31 DEC
Turkmen leader: The region’s talk about the oil and gas law is a “lie”, 31 DEC
Information / Baghdad…
Former MP Jassim Al-Bayati confirmed on Sunday that the region had previously rejected the oil and gas law, and will reject the law in its current form because it determines exports and imports and therefore will not meet its interests and desires.
Al-Bayati told Al-Maalouma, “The region is lying to itself when it talks about the oil and gas law and declares support for this law, because it will never be in its interest and will not meet its desires, as it will make all oil companies partners among themselves.”
He added, “The Kurds know that the oil and gas law will determine the amount of exports and imports, as the region will find that this law restricts it, and therefore the region’s talk about supporting the aforementioned law is nothing but a lie.”
He stated that “the region had previously rejected the oil and gas law since 2008, despite the Council of Ministers approving it at the time and sending the law to Parliament, but the Kurds rejected it, stood against it, and went out with demonstrations to reject the law.”
almaalomah.me
"RV UPDATE" BY PIMPY, 31 DEC
Pimpy
Looks like Iraq has put their ducks in a row. They're getting ready to start the new year of 2024 doing exactly what they said they were going to do - stop using the US dollar, making sure the Iraqi dinar is stable before they do that.
Community comment "Pimpy last month said he believed the dinar will revalue in 3 years so I stopped listening..." I didn't say it was going to revalue in 3 years. I said it's going to go up in increments over three years. Big difference.Positive government steps to attract major international traders and companies, 31 DEC
Positive government steps to attract major international traders and companies
The Federation of Iraqi Chambers of Commerce revealed the existence of positive government steps that will attract major merchants and international companies.
The president of the union, Abdul Razzaq Al-Zuhairi, told the Iraqi News Agency (INA): “Entering the electronic platform to pay taxes has become inevitable, and will be implemented within the time frame set by the General Tax Authority, but there is a major problem represented by small merchants who now represent the majority.
They are forced to... To go to the parallel market,” noting that “there has been an old fear for decades, between the merchant and the government.”
He pointed out that “a positive tax system has been launched, but we need to restore trust between the merchant and the government.”
He added, "The majority of the Iraqi market is made up of small merchants, due to the circumstances that Iraq went through," adding, "The equation will change during the coming period, and large international companies and labels and large merchants will enter the Iraqi market, while small merchants will be shoppers."
He stated that “taxes created a kind of gap and problems for many Iraqis, including the loss of files, the similarity of names, taking deposits without refunding them, calculating the tax twice, and other problems.”
He stressed that “the recent decision by Prime Minister Muhammad Shiaa Al-Sudani will change many of those problems mentioned above, but implementation needs to be strict.”
He pointed out that “Iraq deals with white money with countries around the world, so the issue of the electronic platform is positive, and it is a global step.”LINK
"RV UPDATE" BY FRANK26, 31 DEC
Frank26
Question "Do you think we will be limited to the exchange time?"
...They will give you the time frame. I'm hoping...they never stop. Now, Iraq will stop. They will eventually cancel their 3-zero notes but you'll be told way in advance. My only sadness is I hope they don't say you you got 3 months to exchange. I would love to see the float go into 6 months or a year...If we are stopped then the float is of no value to us any longer...
This is not an RV like a lot of silly people say. This is a reinstatement. It's about the numbers of the reinstatement. They are talking about the fils...It's blowing my mind all the things they're telling you...We have landed on the shore of monetary reform.
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...