Monday, October 28, 2024

EXCERPTS FROM MARKZ : " Read between the lines" @DINARREVALUATION

"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.”

.
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