Monday, January 29, 2024
Revealing the government’s amendments in the 2024 budget, 29 JAN
Revealing the government’s amendments in the 2024 budget
The Parliamentary Finance Committee revealed, on Sunday evening, government amendments in the 2024 budget.
Al-Kadhimi said {to Al-Furat News} that: “The 2024 budget is an extension of the 2023 budget and so on 2025 as a tripartite budget, but an item in the budget obliges the government to submit a table of amendments to the numbers.”
He explained, “The government is preparing these amendments, which will include {the cost of crude oil production, an increase in the allocations of the rations of the ration card, an increase in the number of people covered by social protection, as well as an increase in the allocations of the purchase of wheat and milk crops} and other things and decisions issued by the Council of Ministers that need funding that will be included in a financial schedule.”
Al-Kadhimi added, “In general, the highest ceiling of the budget will remain {199} trillion dinars, and these amendments will be referred to the House of Representatives and considered by the Parliamentary Finance Committee and then approved under the dome of Parliament without being exposed to the {78} items within the tripartite budget.”
Wafa Al-Fatlawi
"RV UPDATE" BY MILITIAMAN, 29 JAN
Militia Man
Germany had a marshal plan. Japan had a marshal plan. Iraq to me is a Marshal Plan. What does that mean? It means after the war they're going to rebuild the country. After Germany, rebuilt. After Japan, rebuilt. And what did they become? Economic powerhouses...Is Iraq going to be the economic powerhouse in the Middle East?
...That's what it looks like. Who helped them get there ? ....United States of America...United Kingdom...Canada...Japan...Korea, everybody...
They're basically going to have to make announcements publicly that the currency exchange must be made...They're going to have to say something before too far along...I'm very positive with what we're seeing...things coming together at this time, it's compact. There's just one thing after another, seems to have a symbiotic relationship to Iraq's monetary/financial/banking/tax reforms...
Trade: Opening two marketing centers in Baghdad and a plan to establish marketing centers in all governorates, 29 JAN
Trade: Opening two marketing centers in Baghdad and a plan to establish marketing centers in all governorates, 29 JAN
The General Company for Foodstuff Trade in the Ministry of Commerce announced today, Sunday, the opening date of two marketing centers in Baghdad, which will be opened during the holy month of Ramadan. It is expected that these two centers will be “hypermarkets,” and their locations will be determined on the Karkh and Rusafa sides of the capital.
The company's general manager, Lama Al-Moussawi, in an interview with the official agency, followed by NRT Arabia, indicated that a plan has been drawn up to establish marketing centers in all governorates, which will be opened successively, and that at least one marketing center will be opened in each governorate.
She explained that the number of food marketing centers in Baghdad will reach 4, while the number of central markets will reach 3, indicating that a series of marketing markets will be opened during the year 2024 in Baghdad and the governorates, respectively. link
"RV UPDATE" BY GOLDILOCKS, 29 JAN
GOLDILOCKS
Let’s take a closer look today on what’s happening in March and on March the 11th, 2024 in particular.
We already know that the Feds are doing away with the Bank Term Funding Program in March. This will deplete liquidity availability for the banking system going forward.
There is the option of lowering interest rates that will give our money more purchasing power at that time. Lowering interest rates would provide more cash flow, but will it be enough? With the amount of debt that the US owes, economists across the board say the answer to that question is no.
This leaves us with one other option. To increase the price of gold and other commodities that are being used to back our new tokenized asset based system.
March is a turning point, a reversal point, and a pivotal point in our Global Economy. Gold has always been the bridge into new economies, and it is our pathway into the road ahead.
The use of gold in liquidating the new economy will create the acceleration and adoption of a new digital economy backed by the commodity market across all sectors of the market.
Look for new ETFs on several digital asset classes to be accelerated during this time. Movement into the new digital asset-based trading system will synchronize our banking system with our markets.
This will give us new Digital Network Protocols that are standardized and regulated under the support of gold inside our new digital economy.
All roads lead to gold, and gold will set us free.
© Goldilocks
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