DINAR REVALUATION

Tuesday, February 13, 2024

Iraq NEWS Documentary A Threat to Our IQD Investment #iqd Exchange Rate

Expected Amendments To The Federal Budget...Appointments And Confirmations In Accordance With This Principle, 13 FEB

Expected Amendments To The Federal Budget...Appointments And Confirmations In Accordance With This Principle

Baghdad today - Tuesday (February 13, 2024), Member of Parliament Ahmed Taha Al-Rubaie revealed new details related to the amendments expected to occur in the financial budget for the current year, while noting that they include job grades and confirmation of contractors.

Al-Rubaie told "Baghdad Today", "The ministries have begun preparing the tables that they want to be included in the 2024 budget for the purpose of continuing to include them on the agenda for passage," indicating that "the budget needs an amendment appendix through texts and tables."

Al-Rubaie explained that “the deletion of job grades may be stopped in order to create appointments according to the grades of deletion and creation, in addition to continuing to confirm those who have completed two years of work as a contract, following the example of those who were previously confirmed.”

On (February 1, 2024), the Parliamentary Finance Committee revealed the latest developments in the financial budget for the year 2024, while indicating that it would rise to 206 trillion dinars instead of 199 trillion dinars .

Committee member Mustafa Al-Karaawi told the official agency, “Article 77/Second of the Tripartite Federal Budget Law for the years 2023, 2024, and 2025 stipulates that the House of Representatives will be provided with updated tables for the 2024 budget in order to discuss the file of increase or decrease in the file of financial allocations according to expected revenues and according to the price of oil.” Installer " .

He added, "The schedules are still being prepared in the Council of Ministers in preparation for approval, and the House of Representatives will begin discussing the budget after it arrives from the government. We believe that transmission must be accelerated because the delay may restrict the disbursement of operational and investment budgets in the coming days," noting, "Disbursement is now limited to salaries." employees and their benefits directly . ”

Al-Karaawi stressed that “the issue of updating the tables depends on the oil market and the quantities exported, on the basis of which the expected revenues will be calculated, and it is based on the size of expenditures and the percentage of the deficit,” pointing out that “there is a point of view that occurred in the 2023 budget according to the quantities that were spent and how to deal with it.”

The deficit and revenues achieved, and it is assumed that there will be a growth in expenditures given that there is a growth in the operating budget, and there are contracts concluded in 2023 that have not been disbursed yet and must be added in the next budget . ”

Regarding the appointments, he explained that they “may include contracts, firsts, holders of advanced degrees, and governorate contracts for the 150,000 degrees that have not been implemented yet and which were transferred to the 2024 budget.” LINK

"RV UPDATE" BY RUBEM BAZ, 13 FEB

Sat. 10 Feb. Brazil Rubem Baz:

“Because the Imperial Family of the Ancient Chinese Golden Dragon is the one that puts up all the gold necessary for the Ransom payments, they decided that the deposits for the holders. They will begin on the day they begin to celebrate the Chinese year (year 4722 for them), which is Sat. 10 Feb.This money has already been received by the main Financial Institutions and the 50 Best Banks in the World and they are passing it on to Paymasters who will contact the clients.
Liquidity will be from Monday, February 12, because in the West normally people do not work on Sundays. Among the 12 different animals to which each of their years corresponds, this one corresponds to the Dragon, which for them is not an evil monster, but a just and benevolent creature that brings prosperity. Over the next two weeks, large holders who have already completed their paperwork and submitted SKRs will be paid.”

Iraqi Dinar update for 02/12/24 - Walking on egg shells

The Finance Committee Sets The Date For The 2024 Budget Schedules To Reach Parliament, 13 FEB

The Finance Committee Sets The Date For The 2024 Budget Schedules To Reach Parliament

Economy News – Baghdad The Parliamentary Finance Committee announced on Tuesday that the government will send amendments to the 2014 budget schedules to Parliament within a period not exceeding ten days, stressing that it will study these amendments as soon as they reach the committee with the aim of submitting them for approval by the House of Representatives.

Committee member, Moeen Al-Kazemi, said in an interview followed by Al-Eqtisad News, “The government is currently putting the final touches to the amendments it made to the budget schedules through an increase in ration allocations, oil production costs, and an increase in social welfare allocations and others.”

He added, "The government will send the amendments to the 2024 budget schedules to Parliament within a period not exceeding ten days," noting that "the Finance Committee will study these amendments as soon as they reach the committee, with the aim of submitting them for approval by the House of Representatives. "

It is noteworthy that the Finance Committee discussed with the Minister of Finance, Taif Sami, earlier, and the committee heard the problems facing the ministry in preparing the budget schedules for the year 2024, and the plan prepared to fill the deficit, and the interventions of the Finance Committee members included the allocations for governorate projects and how to include them in the 2024 budget schedules. Views 41 02/13/2024 - https://economy-news.net/content.php?id=40419

"I CONTACTED MY REGIONAL BANK MANAGER" BY MARKZ, 13 FEB

Mon. 12 Feb. MarkZ:

“I made contact with my (Florida) Regional bank manager

today and she said that she is aware of the fact that bond holders are starting to “disappear” and go quiet.

I have spoken extensively to her about this process and she said that I need to relax and stop focusing on it. It will happen –and I expect it to happen within the month of February.”