Parliamentary Praise For The Current Year’s Budget: The Best Since 2003
Money and business Economy News – Baghdad Chairman of the Parliamentary Services and Reconstruction Committee, Representative Ali Jassim Al-Hamidawi, confirmed that the reports prepared by the Parliamentary Finance Committee after studying the tables sent by the government confirm that allocations to the governorates in the 2024 budget have not been reduced, but rather they are the best since 2003.
Al-Hamidawi stated in a brief statement, followed by Al-Iqtisad News, that “the reports prepared by the Parliamentary Finance Committee after studying the tables sent by the government confirm that the allocations to the governorates in the 2024 budget have not been reduced, but rather they are the best since 2003.”
He added, "The budget includes promising service projects for the governorates," pointing out that "members of the House of Representatives will vote on Monday on the schedules to launch a new phase of services and construction in the government of achievements." 102 views 06/02/2024 https://economy-news.net/content.php?id=4393
The world needs to understand the U.S. Treasury bond market is funded off the world needing dollar reserves aka bank derivatives (off balance sheet dollars).
When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade.
The Japanese yen will hyperinflate against their U.S. Treasury holdings.
Japan will be forced to liquidate all their dollars and U.S. treasuries that fund the Gates Foundation,
The Gates Foundation will fold. Melinda Gates leaves the Gates Foundation on Friday June 7th, two days before the petrodollar ends (June 9th). Bill and Melinda Gates knew the petrodollar was going to end.
Coincidence? No? The monetary even is going down NOW!
If anyone believes Donald Trump (or Joe Biden for that matter) will be President on November 5th, I have a bridge to sell you!
U.S. Treasury must roll over $10 trillion in bonds, of which they don’t have the money. Saudi is protecting their oil against a collapsing fiat dollar. The Fed isn’t going to print this kind of money.
June 9th the Agreement between United States and Saudi Arabia to sell Saudi Oil in USD exclusively ends. Saudi Prince has already notified U.S. that this agreement will NOT be renewed and they will no longer accept USD.
It means state banks can link up to M-BRIDGE, bypassing the SWIFT system and interface with the PBoC and the state banks could then potentially hold RMB as reserves.
===>>>>> This would allow China to control the gold price inside the U.S. state banking system!
As tensions flare across the Middle East, one of the most stable and reliable U.S. regional allies — the Kurdistan Region of Iraq — is in peril. Adversarial nations and extremist militias threaten our democratic way of life and the safety of U.S. troops and diplomats in our territory. On their own, Kurdish Peshmerga fighters are not properly equipped to handle the onslaught and magnitude of assaults our region regularly faces.
That is why the FY 2024 defense budget, also widely known as the National Defense Authorization Act (NDAA), required that the Defense Department submit a plan for providing the Kurdistan Region with air defenses, among other provisions, to ensure we can defend ourselves and protect U.S. forces and diplomats.
The law required the plan be submitted by Feb. 1, 2024, and fully implemented by July 1, 2024, including the full installation of air defense systems and training against threats such as missiles, rockets and unmanned systems. Yet, nearly six months after the bill’s passage, no plan has materialized, and the Kurdish people and U.S. personnel continue to face mounting threats with little to defend ourselves. It is vital that the Pentagon finalizes and implements its plan right away.
The Kurdish people are no strangers to joining with the U.S. in defense of freedom in the Middle East. When ISIS first spread its reign of terror across the Fertile Crescent, Kurdish Peshmerga forces fought alongside U.S. troops to defeat them. Since then, we have maintained close coordination with U.S. forces to combat insurgent terrorist cells, collect intelligence and deter aggression from our adversaries.
It has long been our shared hope that one day Peshmerga forces could stand on their own and successfully defend against emerging threats. But doing so requires material we simply do not have. And after Oct. 7, the realities on the ground have rapidly shifted in a more concerning direction that we cannot counter on our own.
Just this year alone, Kurdish civilians have been senselessly killed by neighboring states and non-state actors’ missiles, our energy infrastructure and even U.S. bases have been attacked, and extremist groups such as ISIS have continued to sow terror in our communities. ISIS is working feverishly to reconstitute itself in Iraq and Syria.
Gen. Michael Kurilla, the commander of U.S. Central Command, recently told a House of Representatives’ committee that ISIS-K, which launched a horrific attack in Moscow earlier this year, “retains the capability and the will to attack U.S. and Western interests abroad in as little as six months with little to no warning.” Kurdish forces are ready and willing to take a lead role in defending the region, but we cannot do it without the air defenses we have been promised.
As the Kurdistan Regional Government Representative in Washington, I am grateful that the American people, Congress and government continue to take steps to further support the Kurdish people as we strive for peace in our homeland. The requirements laid out in last year’s NDAA are crucial for the future of the Kurdistan Region, and we urgently need those requirements to be met as swiftly as possible.
There is no time to waste. The Defense Department must immediately deploy a comprehensive, integrated air defense system that protects the entire Kurdistan Region. The effect of such a deployment would be threefold: to serve as a force protection measure for U.S. troops and their partners, shield innocent civilians from harm, and provide a robust deterrent against continued escalation.
As we have seen countless times around the world, when the U.S. provides its allies with strong defensive capabilities, it ensures that they can protect themselves from hostile forces without sending American troops into harm’s way. The same is true in Iraq. If the U.S. provides the Kurdistan Region with the resources to defend itself, we can ensure that a wider Middle East conflict does not arise and save countless lives.
Installing an air defense system in the Kurdistan Region, a beacon of stability and democracy in a turbulent region, serves the best interests of both the United States and the Kurdistan Region.
Treefa Aziz is the Kurdistan Regional Government (KRG) Representative to the United States of America. She wrote this opinion piece on US News Website the Hill.
“I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.
The banks are ready and adapted to 100% QFS. The drought has already ceased. Wait for your notifications from Columbia today (Sat. 1 June) after 12 pm.
The Victory of the Light took off. Prepare your Passports. The Journey to the New World has arrived. Congratulations and Best regards.”
This came through last night. I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message.
I don’t follow TNT much, but it came through on their call saying that every contact and agency says, “It is a go today.” This may be in line with what we have received from Brazil.
Reno – I have been told, is about to kick off. I am waiting to get a call from my source in Reno and hopefully we will get that done.
My friend Mauricio cannot say much, but all is good, and he is ready to go. I was a bit emotional when I heard.
So, by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. So, get ready to meet the new world.
This is not a rumor, this is fact that is coming through. I am hoping and praying this is my last call and my next call will hopefully be the opera. Have a beautiful day. I am hoping I get that call from Reno today. If I do, then I will have an EMERGENCY LIVE CALL for you all. Obviously if I am allowed to send that opera, I will. Take care, Wolverine
Iraqi Parliament to Vote on 2024 Budget Amidst Disputes
ERBIL — The Iraqi parliament is scheduled to vote on the federal budget on Monday despite disagreements among the political factions regarding the legislation.
Iraq's 2024 budget will be discussed and voted on Monday, June 3rd, although disputes over the allocation of funds to the provinces persist.
According to a statement issued by the Iraqi parliament, the meeting will commence at 3 pm Baghdad time; however, disputes over provincial funding continue. The 2024 budget amounts to over 210 trillion Dinars, with a deficit exceeding 63 trillion Dinars, and the Kurdistan Region's share set at 20 trillion Dinars.
The Finance Committee will prepare a report on the schedule and present it at the meeting.
According to Kurdish MPs, the report will be discussed after it is read, and MPs are expected to deliberate on the forecasted expenditures, revenues, and deficits for 2024.
The meeting in Parliament requires the presence of half of the total number of MPs, and the budget's approval necessitates the vote of half of the members present.
This budget discussion in the Iraqi Council of Representatives occurs amidst the vacancy in the position of Parliament Speaker since November when the Federal Supreme Court revoked Mohammed al-Halbousi's parliamentary membership, ending his tenure as speaker.
The legislative session ends on June 9th and will be followed by a month-long recess.
