Monday, April 29, 2024

Al-Sudani discusses with a workers’ organization his government’s steps in this field, 29 APRIL

Al-Sudani discusses with a workers’ organization his government’s steps in this field

State leader Muhammad Shiaa Al-Sudani examined with the Leader of the Collaboration Association to foster the workplace in Iraq, the public authority’s moves toward supporting the states of laborers through regulations and regulation, including the Retirement and Government backed retirement Regulation for Laborers, which was endorsed a year ago.

According to a Cabinet statement, Al-Sudani welcomed Mr. Gilbert Hongbo, President of the International Labor Organization, to the Arab Labor Conference hosted by Baghdad. Since he is the first President of the International Labor Organization to visit the country, Al-Sudani also emphasized that Iraq was one of the first countries in the region to join the ILO in 1932.

Al-Sudani emphasized the need for the International Labor Organization’s expertise in the area of training and qualification as well as the establishment of training centers in Iraq to legislate a new law for union work.

Hongbo, on the other hand, lauded the progress that the Sudanese government had made in supporting the business environment and focusing on the labor sector and its workers by encouraging investment and caring for private sector workers.

"RV UPDATE" BY RAYREN98 & DEEPWOODZ, 29 APRIL

  RayRen98

   JUST OFF THE PHONE WITH SOME 3-LTRS... SUPER EXCITED WOULD BE AN UNDERSTATEMENT. IF WE CONTINUE AS PLANNED, WE HAVE JUST A FEW HOURS LEFT...♫♪♫♪♫  I GOT A FEELIN...TONIGHT'S GONNA BE A GOOD, "GOOD" NIGHT ♫♪♫♪♫

Deepwoodz 

 Article: "Governmental and private banks will showcase their services tomorrow during Financial Inclusion WeekThey’ve used this term many times but now we have a financial inclusion week?!  Nice.  We all know the only way to be completely inclusive is to change the rate. It’s also the only way to eliminate the parallel market...The rate is the icing on the completed cake of the MR.

Iraqi Dinar | Finally CBI Released New Rate Of The Iraqi Dinar | Iraqi D...

Deputy: We opened the Council of Ministers to decide the salary scale, 29 APRIL

 Today, Sunday, Representative Hadi Al-Salami confirmed that he would contact the Council of Ministers to settle the salary scale.

Al-Salami told , “Gathered mistakes in state organizations after 2003 made a striking divergence in pay rates and designations among their workers.”

He went on to say, “The salary scale represents a fair and equitable path to re-correcting the state’s construction in accordance with the principles of experience, competence, and testimony.” “He has approached the Council of Ministers with an official letter to proceed with discussing and approving the salary scale that we have been waiting for many months,” he added.

He brought up that “endorsing the compensation scale will resolve three complex issues in state organizations, which are accomplishing the rule of equity among its workers, containing moves between them because of portions and pay rates, and rearranging units in a way adds to putting resources into their capacities in offering the best types of assistance.”

"RV UPDATE" BY SANDY INGRAM, 29 APRIL

 Sandy Ingram 

 Shocking documents from Iraq's Federal Board of Supreme Audit have uncovered a massive corruption scheme.  Over 151,000 citizens were involved in the illicit buying of US currency...[They] obtained dollars at the official state rate for travel purposes but never left the country.  The black market refers to them as "ghost travelers". 

 [We] are thinking the Iraqis sold the dollars for more money than they invested.  As a result of the corruption Iraq's Central Bank employees, private banks, currency exchange companies and tourism firms were all involved.  This is a $600 million corruption scam involving the US dollar...

When in Washington, DC he [Al-Sudani] met with the chair of the governing board of the JP Morgan Development Finance Institution (DFI), Daniel Zelikow.  Prime Minister Al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday during his visit...In Davos, Iraqi Prim Minister al-Sudani with Mr. Khaled Haballah, the regional CEO of JPMorgan Chase for the Middle East and North Africa...

 Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States.  Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. 

 The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...

On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House.  This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-17-april.html

Iraqi Dinar | Crtical Budget News | Budget Schedules "ARRIVE AFTER NEXT ...

Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedules to Parliament - urgent, 29 APRIL

 Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedules to Parliament - urgent

 Today, Sunday (April 28, 2024), the financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, commented on the implementation of the 2024 budget without its schedules being approved by Parliament.

Saleh said, to “Baghdad Today,” that “the experience of the tripartite public budgets approved under the Federal General Budget Law No. 13 of 2023 (the tripartite budget) has become a binding law to be applied regularly and in an annual hierarchy without interruption and in accordance with public finance applications in implementing the details of the general budget itself.”

In both its operational and investment aspects, and because the application of the three-year budget experience as a medium-term financial plan has been approved in our country for the first time, in accordance with a text contained in the amended Federal Financial Management Law No. 6 of 2019.”

He stated that “the general budget for the year 2024 has become obligatory to implement since the country entered its new fiscal year and in accordance with the laws and financial and economic data contained in the texts of Law No. 13 of 2023 mentioned above, including operational expenses and investment expenses for current and new investment projects, as long as they occur.” Within the general budget constants No. 13 above.

Saleh stressed, “The text stated in the Tripartite Budget Law that the executive authority submits tables related to expenditures, revenues, and the estimated deficit for the current fiscal year 2024 is a constitutional and supervisory context and falls within the duties of the legislative authority.

Based on the above, working with the constants of the Federal General Budget Law ( The tripartite budget does not conflict with the progress in implementing the requirements of the national development program, especially in implementing new projects whose allocations are approved within the law, and that this executive mechanism is the basis on which the tripartite budget philosophy was based, which provided legal flexibility in advancing the wheels of economic development projects without time delays and loss of time opportunities.

 Therefore, presenting the expenditure and revenue schedules for the fiscal year 2024 is a context undertaken by the legislative authority within its constitutional oversight duties to ensure the progress of implementation of the federal tripartite budget law  link