"WOW !!!" BY FRANK26, 28 OCT

 KTFA

FRANK26: "WOW !!!"..........F26 

Waiting to be sent.. Oil and Gas Law on the Government Discussion Table

10/24/2024

 

 Baghdad..

Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday, that the draft oil and gas law is awaiting approval within the Council of Ministers, indicating that the joint committees between the federal government and the regional government are  continuing their work to decide on the law.

Al-Tawki told Al-Maalouma Agency, “There are controversial articles that hinder sending the draft oil and gas law to the House of Representatives,” noting that “the draft is still in the government’s possession.”

He added that “the oil and gas law is still on the government’s discussion table,” noting that “the relevant committees are continuing their meetings in the hope of reaching an agreement on the controversial articles.”

He stressed that “there is a common vision between the governments of Baghdad and the region to complete the oil and gas law file and send it to the House of Representatives.”

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almaalomah.me

TIDBIT FROM MARKZ, 28 OCT

  MarkZ   

[via PDK] 

 I want to highlight this one. “Why fluctuate in the exchange rate of the US dollar” 

 It occurred to me that these type of articles started appearing before the Kuwaiti Revaluation.

 Of course back then I had friends serving in the military that were stationed there at that time. So I was getting regular updates from Kuwait. 

I...followed it to see if they were right. 

One day they post articles that everything is stable…the next day they publish articles saying things are unsettled and fluctuating…They keep publishing conflicting articles to keep us off-balance. This is important and exactly what we saw before Kuwait revalued

NADER FROM MID EAST:THE SPIKE ON FOREX: THE IQD LOST it's zero and it's .0014 instead of .0076

 

"THE FUTURE OF IRAQ IS NOT A PROGRAM RATE AND ADAM KNOWS THIS" BY FRANK26, 28 OCT

 KTFA

FRANK26: "THE FUTURE OF IRAQ IS NOT A PROGRAM RATE AND ADAM KNOWS THIS".....F26

 

Adam Smith International assists with Iraq Budget Prep

 

23rd October 2024 

By John Lee
 

The Iraqi government has started discussions on the structure of the 2025 budget, with expectations for its submission to Parliament early next year, according to Atwan Al-Atwani, head of the Parliamentary Finance Committee.
State-run Iraqi News Agency (INA) says Al-Atwani hosted a delegation from Adam Smith International to discuss public financial management reforms, including tax, customs, public debt, and development fund sectors. Key financial challenges, particularly the oil revenue dependency, were highlighted, as well as ongoing efforts to boost non-oil revenues through legal reforms.

A major issue remains the oil dispute with the Kurdistan region, which the committee is actively working to resolve through dialogue. Al-Atwani also indicated that reforms are underway, including amendments to the General Authority for Monitoring Federal Revenue Allocations Law and new proposals related to Islamic bonds and financial market regulations.

LINK

TIDBIT FROM NADER FROM MID EAST, 28 OCT

 Nader From The Mid East 

 Now we can pay with the Iraqi dinar anywhere in the world. 

 From Iraq I can pay people over here [United States]...For now it's 1310 but I can send you $500. 

 I'm talking about business, I'm not talking about person to person.  I'm talking about business.  Before we're not allowed to do that...

Dinar Revaluation: Shocking Forex Spike Analysis! FROM MARKZ @DINARREVAL...

Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors, 28 OCT

 Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors

Economy News – Baghdad

Prime Minister Mohammed Shia Al-Sudani discussed on Sunday with Oil Minister Hayan Abdul Ghani Al-Sawad the government’s past plans in the growth of the oil and gas sectors.

The Prime Minister’s Media Office said in a statement received by “Economy News” that “the Sudanese received, today, the Minister of Oil Hayan Abdul Ghani Al-Swad, in the presence of the Undersecretary of the Ministry of Oil for Distribution Affairs.”

He added that “Al-Sudani referred, during the meeting, to the government’s past plans in the growth of the oil and gas sectors, and the development of their projects within the government program, through licensing rounds in which the investment of many oil and gas fields were contracted, in addition to investing in associated gas projects, and oil derivatives production projects.”

With regard to cooperation with the OPEC Plus Group, during the meeting, they stressed “the importance of partnership with oil-producing countries, with the aim of maintaining the stability and balance of global oil markets, and Iraq’s commitment to what was agreed within the framework of the group, including voluntary reductions and compensation for the increase in production, according to the updated table provided by the Ministry of Oil to OPEC.”

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Added 2024/10/27 – 2:32 PM

https://economy-news.net/content.php?id=49200