A Final Meeting Of The Parliamentary Finance Committee To Complete The Budget Law Schedules Report, 2 JUNE

 A Final Meeting Of The Parliamentary Finance Committee To Complete The Budget Law Schedules Report

Sunday 02, June 2024 13:20 | Economical Number of readings: 181  Baghdad / NINA / Today, Sunday, the Parliamentary Finance Committee held a final meeting to put the final touches on its report on the general budget schedules.

Since last week, the committee has continued its periodic meetings in the Guest House building of the General Secretariat of the Council of Ministers, to discuss the general budget schedules, leading to the preparation of the final report that will be presented in tomorrow’s session, Monday, which the Presidency of the House of Representatives decided to allocate for voting on the schedules of General Budget Law No. 13. For the amended year 2024 and its annexes, Tables A/B/C/D/E/F./End 5

https://ninanews.com/Website/News/Details?key=1130151

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Parliament Holds A Session To Vote On The 2024 Budget Schedules

Iraq  2024-06-02  The House of Representatives is scheduled to hold its regular session, tomorrow, Monday, to vote on the schedules of Federal Budget Law No. 13 for the year 2024 and its annexes.

The representative of the Patriotic Union of Kurdistan bloc, Dr. Briar Rashid, told PUKMEDIA: The House of Representatives has postponed its legislative recess to vote on the federal budget schedules for the year 2024.

He added: There is pressure from Federal Prime Minister Muhammad Shia al-Sudani and some political parties to vote on the budget schedules so as not to disrupt government affairs. Federal and continuing to provide services to citizens.

He explained: Voting on the budget tables requires the presence and voting of 165 deputies, and the government needs to vote on these tables, so it wants to speed up the vote on them.

Representative Briar Rashid continued: The House of Representatives will hold its regular session at exactly three o’clock in the afternoon tomorrow, Monday, to vote on the schedules of the Federal Budget Law for the year 2024.   https://kirkuktv.net/AR/Details/21071

"BANK EXCHANGE ITEMS" BY TEXAS SNAKE

Bank Exchange Items

Account Setup:

[ ] Setup separate accounts for each currency or bond, IE Dong, Dinar, Zim [ ] Real-time on-

site verification with no further review

[ ] Instant deposit credit with immediate access to funds

[ ] Follow up appointment set with Wealth Manager and/or Private Banker [ ] All accounts

must have a Payable On Death (POD) clause.

Items to have in hand leaving the exchange:

[ ] Privileged ATM card [No Fees even out of the network] NO – RFID chip or the card is

provided with a sleeve that blocks RFID scanning

[ ] Books of Checks (10)

[ ] Clean and Clear funds letter (Original and 10 notarized copies) [ ] Proof of funds letter

(Original and 10 notarized copies)

[ ] Copy of the signed NDA (Banker must sign as well) [ ] Complete Notary service

[ ] $10,000.00 in cash

[ ] Bank to provide a team to include:

[ ] Tax Attorney,

[ ] CPA,

[ ] Wealth Manager,

[ ] Financial Planner,

[ ] Private Banker

[ ] Print out clearly displaying ALL of the transactions with regards to these accounts

Accounts must have the following restrictions:

[ ] Flag all accounts as “ACCESS RESTRICTED TO NON-ESSENTIAL BANK PERSONNEL”

[ ] TAG ALL ACCOUNTS AS NON-TEST AND NON- TRADING ACCOUNTS

[ ] Bank has NO POWER OF ATTORNEY

[ ] Money Manager DOES NOT have complete fiduciary control over ANY of your money

and must request authorization for any transaction as a security measure

[ ] Absolutely No Investing in Blackrock/Aladdin or Carlisle without approval and complete

terms review

Accounts must have the following features:

[ ] NO limitation of time or amounts, penalties, charges or fees on transfer or withdrawals

of funds from any of the accounts

[ ] NO Fees on checking or savings accounts

[ ] NO ATM fees, NO human teller fees and NO NON-System ATM fees [ ] NO debit or credit

card fees

[ ] NO Monthly Maintenance fee, Annual Maintenance fee, Service fee or Card fees for any

purpose

[ ] NO fee or charge for cashing any form of checks, free traveler’s checks

[ ] NO cash advance fees

[ ] NO Automatic withdrawals

[ ] NO fees or charges for obtaining certified checks, cashier’s checks or money orders

[ ] NO bank spread or currency exchange fees [ ] NO cashier’s checks fees

[ ] NO Annual memberships fees

[ ] NO Computer or Remote Banking without Multifactor authentication to verify access

and notification of all failed access attempts

🔥 Iraqi Dinar 🔥 That's Huge 🔥 Today News Guru Intel Update Value Exchang...

Parliamentary Praise For The Current Year’s Budget: The Best Since 2003, 2 JUNE

 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

"PETRODOLLAR ENDS ON 9TH JUNE" BY MIKECRISTO, 2 JUNE

 MikeCristo8

@MikeCristo8

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!

=======================================

Adam Gaertner 
@veryvirology

Anything concrete re: the 9th?

=======================================

MikeCristo8
@MikeCristo8

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.

6:37 PM · Jun 1, 2024

=======================================

Jack Straw
@JackStr42679640

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.

Video: https://x.com/i/status/1796618863599370263

=======================================

MikeCristo8
@MikeCristo8

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!

=======================================

MikeCristo8
@MikeCristo8

Does the world want dollar loans backed by nothing, or do they want RMB loans backed by gold?

IMPORTANT Biden Signs Executive Order 103303 for Iraq National Security

Pentagon Must Provide Real Support for the Kurds, 2 JUNE

Pentagon Must Provide Real Support for the Kurds

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.