Parliamentary Finance Calls On The Government To Expedite Sending The 2024 Budget To Parliament, 18 MARCH

Parliamentary Finance Calls On The Government To Expedite Sending The 2024 Budget To Parliament

Economy  11:37 - 2024-03-17  The Parliamentary Finance Committee called on the government to expedite sending the budget to the House of Representatives, especially since its schedules have not undergone any change and its chapters are fixed, indicating that the delay is blamed on the government and thus reflects negatively on the performance of the ministries.

Committee member, Faisal Al-Naeli, said in a press interview: “The budget schedules for 2024 were long overdue, and it would have been better for them to reach the House of Representatives at the beginning of this year, especially since the items are fixed and remaining and no discussion or change has occurred to them, only the schedules that included financial allocations.” For the items that were confirmed in the 2023 budget.

He believed that "the delay is blamed on the government, and all ministries that depend on operating the budget are basically at a standstill." Al-Naili called on “the government to send all the budget schedules, complete and calculated accurately, so that they are not returned to the Council of Ministers and take time to change, delete, and add,” indicating that “the House of Representatives is ready to discuss the budget as soon as it arrives and complete the approval of its schedules.” https://kirkuktv.net/AR/Details/20039

"RV UPDATE" BY PIMPY, 18 MARCH

  Pimpy   

Everybody thought Iraq was at the end of becoming a member with the World Trade Organization...Come to find out they're just barely at the beginning stages.  What does this mean for Iraq?  How long is this going to take?  Wikipedia quote:   "An offer of accession is given once consensus is reached among members.  The process takes about five years on average but can take some countries almost a decade...The shortest accession negotiation was...2 years and 10 months.  The longest were that of Russia lasting 19 years and 2 months."

It [the article] doesn't say the exchange rate is $1.32, more likely what it is Al-Sudani will change the exchange rate where you can buy 132 dinar for $1.  That's a 90% increase

.  I don't know about you but I'd be pretty happy with that.  I'd be content with that.  I know a lot of you are expecting million,  that doesn't mean it can't happen but if we're allowed to keep this currency that we have right now with all the zero and they change the exchange rate I'm going to count my blessing and sell them because I'm not going to take the risk of hoping for a higher exchange rate and then turn around and delete the zeros.  $37,000 is not too bad for less than a $2,000 investment.  

https://dinarevaluation.blogspot.com/2024/03/iqd-rate-discussion-by-pimpy-16-march.html

Iraqi Dinar Huge Good News For IQD Holdes Sudani Announced IQD RV And Ex...

For The First Time In 2024.. Exchange Rates Fall To The Threshold Of 149 Thousand In Baghdad, 18 MARCH

For The First Time In 2024.. Exchange Rates Fall To The Threshold Of 149 Thousand In Baghdad

Money  and business  Economy News – Baghdad  The dollar exchange rates recorded, in Iraqi stock exchanges, during Sunday’s trading, a decline, the first of its kind during the current year.

The exchange rates at the Al-Kifah and Al-Harithiya stock exchanges in the capital, Baghdad, reached 149,900 dinars for every 100 dollars, while in Basra, they stabilized at the 150,000 mark.

In the governorates of the Kurdistan region, exchange rates reached 150 thousand dinars for every hundred dollars...  Views 104 03/17/2024 - https://economy-news.net/content.php?id=41558

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 18 MARCH

 Frank26   

 [Iraq boots-on-the-ground report]    

FIREFLY:  Alaq was on TV Channel One talking...with the United States Treasury on reconsidering sanctions on our banks.  

FRANK:  He's going over there to tell them about the new exchange rate...

FRANK:    You are within arms length of receiving your new exchange rate with your lower notes because it is in print.  More importantly these words come from the right people that you can trust... Coming to you with the holy solemn oath promised that your prime minister bears witness that you will receive purchasing power and lower notes... 

FIREFLY:  Yes...it is exciting.  When we saw Alaq come on television and talk to us we knew we were going to  be told more...

 FIREFLY:  Alaq CBI governor said improving relations with international banks and amending the CBI bank Law.  Alaq also saying about the $1.32 from 1320, if that's the case then Iraq will need lower notes for change if we go under 250 notes.  

 FRANK:   They're hinting to you what they're about to give you. They're having the conversation out in the open so you can prepare yourself...all of this is seeing the state to add value to your currency.

https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on- ground-report-by-firefly_01020818097.html

🔥 Iraqi Dinar 🔥 Big Changes 🔥 Guru Updates News Currency Value Exchange ...

The Iraqi Dinar Recovers Against The Dollar In Local Markets, 18 march

 The Iraqi Dinar Recovers Against The Dollar In Local Markets

Baghdad today - Baghdad   Today, Sunday (March 17, 2024), the exchange rate of the dollar against the Iraqi dinar recorded a noticeable decline, reaching 149 thousand for every 100 dollars.

The "Baghdad Today" correspondent said, "The exchange rate of the dollar today, on the Al-Kifah and Al-Harithiya stock exchanges, reached 149,900 dinars for every 100 US dollars."

He added, "As for the exchange rate in the banking offices in the capital, Baghdad, the selling price reached 151,000 dinars per 100 dollars, and the purchase price reached 149,000 dinars per 100 dollars."

Yesterday, Saturday, the exchange rate of the dollar on the Baghdad Stock Exchange reached 150,000 dinars for every 100 dollars, while in Basra Governorate it reached 150,100 dinars, and in Erbil it reached 150,150 dinars.  LINK