Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”, 18 APRIL

 Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”

Politics     Parliamentary Finance     Iraqi dinar  2024-04-17 05:36  Shafaq News/ The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”

 Committee member Hussein Moanis told Shafaq News Agency,

 “The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that

 “the delay in sending the schedules to Parliament did not affect the operational budget.” He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)." 

He pointed out that  "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through   

     adopting the electronic card,

      strengthening the work of banks, and

     presenting documents to achieve cash abundance in the market." Mu'nis concluded by saying,

"There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."

A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.

While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives.    https://shafaq.com/ar/سیاسة/المالية-النيابية-تدعو-لـ-حصر-الدينار-بيد-الدولة   

"RV UPDATE" BY FREEDOM FIGHTER, 18 APRIL

 FREEDOM FIGHTER

Freedom Fighter ©

🇮🇶 Iraq PM and delegation meets with JP Morgan Chase in Washington DC to discuss continuous economic reforms in Iraq 

🟢JP Morgan Chase has been in Iraq for over 10 years building relationships and helping them to modernize their banking systems 

❇️The know something 

https://shafaq.com/en/Economy/Iraqi-PM-discusses-banking-reforms-with-J-P-Morgan-s-global-head-in-Washington-meeting

Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from C...BY SANDY INGRAM

On the table of parliament are 150 bills awaiting a vote. And the dialectics need consensus, 18 APRIL

  On the table of parliament are 150 bills awaiting a vote. And the dialectics need consensus

Baghdad Today - Baghdad

Today, Thursday (April 18, 2024), a member of the Parliamentary Legal Committee, MP Omid Mohammed, confirmed the existence of 150 draft laws on the table of the standing committees of the House of Representatives.

Mohammed said in a statement to "Baghdad Today", that "his committee is following up on draft laws and amendments put forward by the standing committees in the House of Representatives, which amount to 150 laws so far," adding that "controversial laws need political consensus, but the file of the presidency of the Council in light of the lack of resolution of the vote on a candidate for it reflects negatively on the file of legislation Laos.

He called for "the need for the State Administration Coalition to have positive steps in this direction in order for the current legislative term to be fruitful in the direction of resolving many laws and their amendments."

He stressed "the need to proceed with the legislation of controversial laws, including general amnesty, service and others without political consensuses that contribute to securing sufficient votes to vote on them, and this needs to resolve the rest of the files in order to proceed with them," pointing out that "the resolution of the law for people with disabilities and voting on it 3 days ago represents an important step during the legislative term of the Council to resolve the rights of an important segment."

Parliament is expected to hold a session for today, after postponing in its last session the vote on the draft law on the first amendment to the Iraqi Housing Fund Law No. (32) of 2011, and postponing the vote on the draft law on the first amendment to the Property Claims Commission Law No. (13) of 2010, where the House of Representatives completed the first reading of the draft law on the accession of the Republic of Iraq to the Convention on the Elimination of Violence and Harassment in the World of Work, as well as the report and discussion of the draft law regulating renewable energy.

"ABOUT CRYPTOCURRENCIES & DIGITAL ECONOMY" BY GOLDILOCKS, 18 APRIL

 GOLDILOCKS

"On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set to take place this month. The crypto firm disclosed that the Bitcoin reserves within the world’s crypto exchanges have been depleting at a rapid pace, leaving only nine months of BTC supply left on exchanges."

This new trend is expected to drive the price of Bitcoin up. The more scarce it becomes, the more valuable it will be in the short run. 

Bitcoin has been known to drive prices up in the cryptocurrency world. As we shift into a digital economy, there are new cryptocurrencies that will begin new protocols inside this new digital framework. 

Their connection to bitcoin will help raise their value going forward. As new demands are placed on these new digital assets that will move our Global Economy, it will be the demand for them in the future that will begin to place price pressures on their existence based on their use case scenarios. 

Our world is clearly in transition, and the more we learn about it the better off we can be in integrating our lives into it. 

We are in process of carving out a path into this new digital asset based trading system. It will change us in ways many of us did not anticipate. 

Staying focused and intentional about your new place in the world will be a vital step and becoming a part of it.

© Goldilocks

https://www.newsbtc.com/news/bitcoin/crypto-exch

Iraqi Dinar update for 04/17/24 - Keep the good vibes going

Details of the memorandums of understanding signed by Iraq and America, 18 APRIL

  Details of the memorandums of understanding signed by Iraq and America

Al-Masala publishes the memorandums of understanding that were signed yesterday evening, Wednesday (Baghdad time), in Washington with American companies, in a ceremony that took place under the auspices of the Prime Minister, Mr. Muhammad Shiaa Al-Sudani:

First/ Government memorandums of understanding:

1. A memorandum of understanding between the Ministry of Electricity and General Electric Company (GE) in the field of developing the energy sector.

2. A memorandum of understanding between the Ministry of Oil and Hanwell Company, to conclude a partnership in the field of developing strategic plans for oil fields and associated gas.

3. A memorandum of understanding between the Ministry of Oil and General Electric in the field of developing oil fields and associated gas.

4. A memorandum of understanding between the Iraq Fund for Development and the American company MACK for engines and equipment, in the field of manufacturing specialized vehicles.

Second: Memorandums of understanding signed by the Iraqi private sector with American companies:

1. Memorandum of understanding with Baxter International Company for cooperation in the field of dialysis supplies.

2. Memorandum of understanding with the American company KBR to develop oil fields. 3. Memorandum of understanding with KBR in the field of processing primary gas and converting it into liquid and associated gas.

4. A memorandum of understanding between the National Bank of Iraq (NBI) and the American International Financial Development Corporation.

5. Agreement with Trans Atlantic Petroleum Company in the field of developing and managing oil fields.

6. A memorandum of understanding with the American company Hanwell in the field of developing associated gas fields and stopping its burning.

7. A memorandum of understanding with the American company Hanwell for development, automation, and remote control and control services.

8. A memorandum of understanding with the American company Baker Hughes in the field of using smart solutions. To stop burning gas and develop and maintain oil fields.

9. Memorandum of understanding with Emerson Company in the field of technology and automation in oil fields.

10. Memorandum of understanding with GE in the field of supporting the oil industry.

11. Memorandum of understanding with Ark Energy Company in the field of manufacturing associated gas.

12. Memorandum of understanding with Emerson Company in the field of energy development and equipment provision.

13. Memorandum of understanding with GE in the field of providing equipment for treating associated gas in generating electrical power.

14. An agreement with Hanwell Company in the field of developing and maintaining oil fields and stopping gas burning.

 Media Office of the Prime Minister

April 18, 2024   link'