MAJEED
ARE YOU READY??
I told you they post after it’s done
This letter was signed on Saturday Dec 7th to the parliament to hold it on their session on Sunday… which they did
It literally ask them to go ahead with:
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1-article 58 of the 3 years budget:
to pass revenue sharing such as compensating Kurdistan “HCL” … to ensure financial transparency
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2-article 11 of implementing the budget:
procedural requirements for the execution of the budget.
Financial Supervision Calls For Building Strong And Effective Partnerships Between The Private Sector And Civil Society
Money and business Economy News – Baghdad The Supervision and Inspection Department of the Securities Commission called on Saturday for building strong and effective partnerships between the private sector and civil society. While indicating that volunteer work is an effective tool for enhancing community spirit and developing youth skills, it stressed the endeavor to enhance the partnership between the private sector and promising youth volunteer initiatives.
“Choosing this conference as a platform for cooperation and coordination reflects our deep awareness of the vital role that young people, especially school students, can play in building a brighter future for our beloved country,” said Amir Sabah, Director of Supervision and Inspection at the Securities Commission, during the first coordination conference of the Securities Commission and the School Student Volunteer Team, as followed by “Al-Eqtisad News.”
He added, "Volunteer work is an effective tool to enhance community spirit and develop leadership skills among young people. It is at the heart of our interests. Through this conference, we seek to enhance the partnership between the private sector and these promising volunteer initiatives, in the belief that investing in these young energies is not only a social duty, but a long-term investment in the future of Iraq."
He added, "The role of private companies in this context is not limited to financial support only, but extends to providing expertise and guidance, and opening horizons for these young people to innovate and create," calling on all companies and institutions to "be part of these initiatives, and contribute to achieving their noble goals."
Sabah praised the "exceptional efforts made by the school student volunteer team," noting that they "proved - through their dedication and creativity - that Iraqi youth are capable of giving and inspiring, whenever given the opportunity," calling on everyone to "seize this opportunity to build strong and effective partnerships between the private sector and civil society, in a way that serves the interests of our beloved country." https://economy-news.net/content.php?id=50630
BROTHERS TECHNOLOGY
It's almost celebration time for the Prime Minister who ordered Parliament to proceed with the budget amendment and my brother Majid aka Dr. Chat Gpt shows that he has the green light.
As you see, the banks are ready to go. And so do we. Oil reform is complete and get ready.
Iraq is ready for takeoff, citizens. Prepare for your surprise. Any time from this moment...
Gpt, purpose of the acronym. This is amazing.
And Iraq's central bank trains employees in these certifications in preparation for global currency markets and the internationalization of Iraq's banking system.
Where Did The Amendment Of The Budget Items Related To Oil Exports In The Kurdistan Region Stand?
|Source: Sumerian News – Politics Reported Committee The Oil and Gas Parliamentary Committee, in support of addressing the situation in the Kurdistan Region’s oil fields, demanded that the fields be subject to an international consulting company either affiliated with the Federal Ministry of Oil, or has a relationship with it.
He said Deputy Chairman of the Committee Adnan Al-Jaberi said, "The committee is in favor of addressing the situation in the Kurdistan Region's oil fields, because the country needs the quantities produced there, in addition to arranging the relationship between the region and the federal government."
He explained that the proposed amendment stipulated that compensation for companies operating in the Kurdistan Region would be determined by an international consulting company specializing in evaluating each field and its production costs, so we are in favor of addressing this situation.
Pointing we have no comments other than that the region's fields should be subject to an oil company either affiliated with the federal Ministry of Oil or related to it, in order to organize work in a more professional and transparent manner, and the status of the region's oil will be like the status of oil in other Iraqi governorates.
It is noteworthy that the parliamentary finance committee is close to preparing the final report to amend the budget items related to oil exports in the Kurdistan Region, after answering the questions it posed to officials in the Ministry of Oil.
A statement issued by the media department of the House of Representatives stated that the parliamentary finance committee, headed by Atwan Al-Atwan, and in the presence of its members and a number of members of other parliamentary committees, hosted last week the Undersecretary of the Ministry of Oil for Extraction Affairs, the Director General of the Legal Department, the Director General of the Economic Department, and the Director General of the State Oil Marketing Company (SOMO), to discuss amending the general budget items related to oil exports by the region.
The statement added that Al-Atwani pointed out the importance of the meeting and the need to invest it in the best possible way to confront any potential changes in oil prices, stressing the importance of amending the item related to oil exports in the budget to address contracts related to production costs.
The committee raised a number of questions about the basic standards related to production costs, in addition to the payment of financial allocations, and the extent of commitment to contract terms, while emphasizing the formulation of amendments that achieve justice in the distribution of resources, through data analysis and adapting contracts in line with national requirements. LINK