Friday, March 29, 2024

Sudanese announces the start of setting 2024 budget schedules, 30 MARCH

 Sudanese announces the start of setting 2024 budget schedules

 3/28/2024

 Prime Minister Muhammad Shiaa Al-Sudani announced today, Thursday, the start of setting 2024 budget schedules that include added financial entitlements to the governorates that will be allocated to infrastructure.

  Al-Sudani stated, during the second session of the Supreme Commission for Coordination between governorates not organized into a region, in the presence of governors and new heads of provincial councils, that: “The Supreme Commission for Coordination between Governorates is a body formed according to the law that is responsible for addressing obstacles and developing mechanisms to manage common jurisdictions,” stressing, “starting to establish schedules.” The 2024 budget, including financial entitlements added to the governorates, will be allocated to infrastructure.

Al-Sudani explained, “The government is keen on making the mission of local governments a success, despite the presence of trolls who do not like the vision of stability in the country,” stressing that “correct management of public money will provide positive and correct indicators, and requires working with a vision that takes into consideration the coming years and meeting entitlements.” .   LINK

"RV UPDATE" BY FNU LNU, 30 MARCH

Fnu Lnu  

 It is disingenuous to try to say that Iraq ONLY has a net worth of 16 trillion dollars.  Those calculations do not account for many factors like tourism, a monumental gold deposit that is never spoken of, port revenues, tariffs...etc.

 The Dinar Mythology surrounding this EO is amazing...It says exactly NOTHING about buying Dinar.   Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq... 

Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund.   In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise. The Executive Order also declares a national emergency to deal with the threat to a peaceful reconstruction of Iraq, which US Presidents have renewed every year since, most recently in May 2023.

Sudani's Victory Lap!💣Green Light Before Easter?🤔Iraq Dinar RV Updates |...

Prime Minister: Starting to prepare the 2024 budget schedules, 30 MARCH

 Prime Minister: Starting to prepare the 2024 budget schedules

3/28/2024 Baghdad - 

The Prime Minister stressed today, Thursday, that local governments must make their efforts to enhance citizen confidence, while announcing the start of setting 2024 budget schedules.

 Al-Sudani said in a speech during the second session of the Supreme Commission for Coordination between the Governorates, followed by the Iraqi News Agency (INA): “This meeting is the first after the local elections were held,” pointing out that “the elections were one of the important milestones that represent an achievement of the political process.”

He added, "Local governments must work as one team and make their efforts to enhance citizen confidence." He stressed that "local governments are an integral part of the executive authority," noting that "the evaluation of officials must be subject to a professional and scientific program."

He concluded by stressing: “Our goal is to serve our people,” pointing at the same time to begin setting the 2024 budget schedules.   LINK

"IMPORTANT IRAQ NEWS: AL-YASIRI: THE AMERICAN ADMINISTRATION IS WORKING HARD TO DESTROY THE IRAQI ECONOMY" BY MNT GOAT, 29 MARCH

AL-YASIRI: THE AMERICAN ADMINISTRATION IS WORKING HARD TO DESTROY THE IRAQI ECONOMY

The political and security analyst, Muhammad Al-Yasiri, today, Thursday, accused the American administration of continuing its hostile policy to destroy the Iraqi economy.

Al-Yasiri told Al-Maalouma, “The US Treasury Department continues to restrict the flow of dollars to the Central Bank of Iraq and reduce cash liquidity.”
He pointed out that “the American administration is working hard to restrict the Iraqi government and discourage it from demanding the removal of its occupying forces from the country.”

He continued, “The American restrictions on Iraq regarding the dollar clearly confirm the lie of the so-called friendship of the United States of America with Iraq.”

The US Treasury Department recently imposed economic sanctions on eight Iraqi banks, preceded by sanctions on fourteen others, and prevented them from dealing in the dollar currency, as the reasons behind the imposition of such sanctions were not explained.

(In my last Newsletter I talked about the importance of getting these sanctions lifted, but only when the parallel market is stabilized and movement is downward.)

FRANK26….3-29-24…….GOOD FRIDAY

Finance Committee: Salaries are secured in the 2024 budget and there is no financial crisis in Iraq, 29 MARCH

 Finance Committee: Salaries are secured in the 2024 budget and there is no financial crisis in Iraq

Baghdad Today – Baghdad

The Parliamentary Finance Committee, this evening, Thursday (March 28, 2024), reassured employees and retirees regarding their salaries in the financial budget for the year 2024.

The head of the committee, Atwan Al-Atwani, told the official agency, followed by “Baghdad Today,” “We are awaiting the arrival of the 2024 budget schedules.”

He added, "The salaries of employees, retirees, and the protection network are secured in the 2024 budget."

Al-Atwani stressed, "There is no financial crisis in Iraq."

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced yesterday, Wednesday, that “the total budget for 2024 amounted to about 228 trillion dinars.”

While the Minister of Planning, Muhammad Tamim, said during his hosting of the Finance Committee yesterday that the government committee responsible for reviewing and auditing these tables is working to reduce the deficit amounting to 80 trillion dinars because it is considered a large deficit.   LINK