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The Sudanese advisor explains the mechanism for distributing salaries to Kurdistan employees, 26 FEB

 The Sudanese advisor explains the mechanism for distributing salaries to Kurdistan employees

Mawazine News – Baghdad,


Advisor to the Iraqi Prime Minister for Economic Affairs, Mazhar Muhammad Salih, announced the mechanism for distributing employee salaries after the Federal Court’s decision to oblige the localization of the salaries of all employees of government agencies in the center and the Kurdistan Region in federal banks.

Mazhar Muhammad Saleh said, in a statement followed by Mawazine News, that the mechanism for distributing employees’ salaries is based on:

1- On a principle called (salary localization), that is, the employee chooses the bank (governmental or licensed private) in which the employee wishes to deposit his salary and in a bank account in his name. Then the employee’s department replenishes that employee’s account (monthly) with the bank he chose himself and opens his account there, usually a savings account.

2- The employee (whose salary is with the bank) is provided with an electronic debit or payment card issued by the bank agent (which is a payment company that is responsible for providing the employee with an electronic debit or payment card, such as (Key Card, Sawj, or Al Nakheel Company…etc.), that is, the company Payments are determined by the bank in which the employee’s salary is settled.

3- The employee’s account with the bank is linked to a credit card.

4- The employee has the right to withdraw his salary in cash through the card, in whole or in part, and through automated teller machines, especially POC (point of cash) machines, which are widespread. Everywhere is managed by the licensed private sector.

The employee who holds the electronic card also has the right to pay digitally through the phone or point of sale devices in shops, restaurants, etc.

During the Federal Court session, Wednesday (February 21, 2024), the President of the Federal Court, Jassim Muhammad Abboud, issued a decision requiring the defendants to oblige the Prime Minister of the Federal Government and his counterpart in the region to localize the salaries of employees of all ministries, governorates, and entities not affiliated with a ministry, and all employees of other entities, retirees, and beneficiaries. The social protection network is held by government banks, and is deducted from the region’s share in accordance with the budget law for this year and the coming years.

The court referred to “obligating the monthly budget of Kurdistan Region employees to be submitted to the Federal Ministry of Finance, and obliging the Kurdistan Region Council of Ministers to hand over all oil and non-oil revenues to the federal government.”

“The decision to localize the salaries of the region’s employees is a final and binding decision,” according to the Federal Supreme Court.

During the meeting of the Iraqi Minister of Finance, Taif Sami, with the Finance Committee of the Iraqi House of Representatives, she confirmed that “the release of salaries for employees in the Kurdistan Region during the current month is subject to submitting lists of names, and we have stipulated localization in order to disburse them during the coming months.”

https://www.mawazin.net/Details.aspx?jimare=242777

FRANK26….2-26-24……THERE IT IS AGAIN

"THE FULL ACCEPTANCE OF IRAQ INTO THE WTO" BY GOLDILOCKS, 26 FEB

 GOLDILOCKS

"The WTO's 13th Ministerial Conference (MC13) will take place from 26 to 29 February 2024 in Abu Dhabi, United Arab Emirates. Ministers from across the world will attend to review the functioning of the multilateral trading system and to take action on the future work of the WTO. The Conference will be chaired by H.E. Dr Thani bin Ahmed Al Zeyoudi, UAE's Minister of State for Foreign Trade."

There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place today. 

Let's stay grounded. We will soon find out if Iraq is fully accepted into the WTO or not this week.

© Goldilocks 

https://www.wto.org/english/thewto_e/minist_e/mc13_e/mc13_e.htm

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The End Of The Second Round Of Negotiations Between Baghdad And Washington For The Withdrawal Of The Coalition... And Iraqi Hopes For Another, 26 FEB

 The End Of The Second Round Of Negotiations Between Baghdad And Washington For The Withdrawal Of The Coalition... And Iraqi Hopes For Another

Time: 02/25/2024 20:09:57 Read: 1,339 times  {Politics: Al-Furat News} Foreign Minister, Fouad Hussein, announced today, Sunday, the end of the second round of negotiations between Baghdad and Washington regarding the presence of international coalition forces in Iraq.

Hussein said, in a press statement, “The negotiations are continuing and the second round has ended, and we hope to have other rounds,” without revealing the results of the last two rounds.

It is also possible that there will be a round of discussions in Washington during the visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States, according to Hussein.

On January 25, the Ministry of Foreign Affairs announced the success of the negotiations between the Iraqi and American governments, which began in August 2023, to formulate a timetable specifying the duration of the presence of international coalition advisors in Iraq and ending the military mission of the coalition against ISIS.   LINK

"RV UPDATE" BY NADER FROM MID EAST, 26 FEB

 Nader From The Mid East 

 The RV will not happen if no one declares the end of the war...we still on war.  In  December 2021 they took troops out...but they never declared the end of the war...and they never took out the international coalition. 

 For everything to happen they have to declare the end of the war.  The international coalition have to be out of there.   The soldiers of United States have to be out of there.  Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.    

Some people comes out and go, 'Hey, the dinar is going to be $7.00 or $8.00..' bullshit like that.  I don't know where they get the information from.  If it goes 1 to 1 I'll be happy...The second thing, when they come out and they go, 'The back screens.'  What back screens? 

 Why you not showing the back screens? 

 Who's telling you about back screens?  

Other people go, 'Iraq the exchange rate is internal and external.'  What the hell you saying.  It's crazy.  You know they're not going to come out and say, 'We're going to change the exchange rate but only in Iraq.' ...Then banks...the numbers doesn't work like that.  It doesn't work at $7 or $8 or $11...Be reasonable. $2.80 or $3.50 maximum like it used to be...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-nader-from-mid-east-13-feb.html