Saturday, March 16, 2024
Al-Kadhimi: We are waiting for the Council of Ministers to vote on the 2024 budget schedules and send them in the coming days, 16 MARCH
Al-Kadhimi: We are waiting for the Council of Ministers to vote on the 2024 budget schedules and send them in the coming days, 16 MARCH
3/15/2024
Today, Friday, the Parliamentary Finance Committee commented on Finance Minister Taif Sami’s announcement that data related to the 2024 budget schedules would be sent to the Council of Ministers.
Committee member Moeen Al-Kadhimi explained, in a press statement, followed by NRT Arabia, that “the Ministry of Finance sending data on the 2024 budget tables to the Council of Ministers means that its mission has ended and we are waiting for the Council of Ministers to vote on these tables and send them within the next few days.”
Al-Kadhimi added, “The Council of Ministers will speed up sending these tables to the House of Representatives, and we in turn will have access to them, and some amendments may be made to them, if there are any observations, and we cannot view these data, except after they officially arrive from the Council of Ministers.” “After he approves it.”
Last Wednesday, the Minister of Finance, Taif Sami, announced the completion of data related to the 2024 budget tables, the inclusion of texts, and sending them to the Council of Ministers.
Sami said, “The data related to the 2024 budget tables has been completed, the texts have been included, and they have been sent to the Council of Ministers.”
She stressed that she "will not launch funding for the salaries of Kurdistan Region employees for the month of March until after resettlement, and I do not disagree with the decision of the Federal Court."
The Prime Minister, Muhammad Shiaa Al-Sudani, announced on February 20 that “the government is continuing to scrutinize the schedules for the 2024 budget, as the government carefully confronted the deficit within the 2023 budget.” LINK
"ANALYSIS OF IRAQ NEWS: PARLIAMENTARY FINANCE: WE LOOK FORWARD TO COORDINATING WITH THE CENTRAL BANK TO INCREASE THE VALUE OF THE DINAR AND CONTROL THE MARKET" BY MNT GOAT, 16 MARCH
PARLIAMENTARY FINANCE: WE LOOK FORWARD TO COORDINATING WITH THE CENTRAL BANK TO INCREASE THE VALUE OF THE DINAR AND CONTROL THE MARKET
The Governor of the Central Bank, Ali Al-Alaq, pointed out today, Thursday, the establishment of basic rules in order to monitor the remittance process and analyze monetary operations.
(In part Alaq is talking about the 2011 DR Shabibi plan of how to get to the reinstatement. He says the basic rules must be followed. Just as I have been telling you all along. So, this is a confirmation to my readers once again of the plan and that Alaq is following it but there are obstacles along the way and things don’t always go smoothly.)
The media department of the House of Representatives stated in a statement received by {Al-Furat News}, “The Finance Committee, headed by Atwan Al-Atwani and in the presence of its members, met with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.”
Al-Atwani stressed, “at the beginning of the hosting session, which was held at the committee’s headquarters, the importance of following up on the economic file and monetary policy, based on the supervisory side, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”
The Finance Committee also expressed its aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar, control the market in order to alleviate the burdens of citizens, and address the deficit.
For his part, the Governor of the Central Bank reviewed the economic and monetary aspects, pointing out the establishment of basic rules in order to monitor the remittance process and analyze monetary operations.
Al-Alaq praised “the role played by the Finance Committee in following up on the country’s financial and economic movement.”
The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law.
"ITS SUPPOSED TO BE DONE THIS MONTH" BY LYNNE, 16 MARCH
TNT:
Lynne: Mar.14th 2024
Hi all, I just wanted to share today that I was signing real estate docs to list my property, and my realtor knows somebody who’s dealing in currencies along with the Dinar.
I talked to this guy named Paul, who happens to be one of the few group left that the Admiral is handling. This guy has direct contact to the treasury and the World bank of China.
The treasury won’t validate or deny anything directly. However, his contacts state they are stating it’s supposed to be done this month.
To me, that was great news as it at least validated this investment from a direct person I got to speak to that has very high up contacts. Thought I would share.
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