DINAR REVALUATION: How Iraq's New Leasing Company Could Impact the Potential Value of the Dinar!#IQD

 

Baghdad and the region reach an agreement regarding the release of salarie, 16 DEC

Baghdad and the region reach an agreement regarding the release of salarie

The Federal Ministry of Finance announced today, Sunday, that it had reached an agreement with the Kurdistan Region regarding the release of salaries for employees and retirees in the region.

The Ministry of Finance said in a statement: “The Minister of Finance, Taif Sami Mohammed, received today, Sunday, a delegation from the Kurdistan Regional Government headed by the Minister of Finance, Awat Janab Nouri, Omid Sabah, Head of the Council’s Diwan, Amanj Rahim, Secretary of the Council, Faris Issa, Head of the Region’s Representation, Abdul Hakim Khosro from the Follow-up and 

Coordination Department, Ribaz Abbas Mahmoud, Advisor to the Ministry of Finance, Kofan Tahseen, Director General of Accounting, Abu Bakr Abdullah, Director General of the Budget, Maryam Othman, Director General of Retirement, and Abdullah Ramadan Marouf as a financial expert, to discuss the salaries of the region’s employees and retirees.”

The meeting witnessed an agreement, according to the statement, on:

First: Sending a technical delegation from the Accounting Department in the Federal Ministry of Finance to the Ministry of Finance in the regional government with the aim of assisting them in amending the monthly audit balances related to salary and retirement disbursements in accordance with the Accounting Department’s Circular No. (2421) dated 1/30/2024.

Second: Based on the directives of the Prime Minister, the Accounting Department has taken the necessary measures to release the salaries of the region’s employees for the month of November, starting from today, and the rest of the treatments and observations will be completed in coordination with the ministerial team.

Third: Carrying out the necessary transfers to address the financial violations related to retirees’ entitlements, amounting to (430) billion dinars, based on the provisions of Articles (5/First) and (77/First) of the Federal General Budget Law No. (13) for the years (2023, 2024 and 2025), and based on the directives of the Prime Minister.

Fourth: The remaining comments will be addressed in coordination with the technical ministerial team within ten days, starting today, December 15. In addition to reviewing the work of the committee formed pursuant to Diwani Order No. 24660, which requires the presence of representatives of the region on the aforementioned committee.

Fifth: The region is committed to disbursing the salaries due for the month of October funded by the Accounting Department, and continuing discussions and follow-up with the Committee of Diwani Order No. 24660, to study the issue of including the region’s retirees in the State Employees Retirement Law for the year 2019.

DINAR REVALUATION REPORT : A trick has been revealed from the KRG to receive salaries, 16 DEC

DINAR REVALUATION REPORT

 A trick has been revealed from the KRG to receive salaries. 

Instead of KRG employee salaries being deposited in federal government banks these salaries were deposited in KDP affiliated banks and GOV profit off people’s salaries by charging interest / delaying. No ethics

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Revealing a "trick" used by Barzani's party to localize salaries of Kurdistan employees

Information/Special.. 

Former MP Mohammed Ibrahim revealed today, Monday, that the Kurdistan Regional Government has been localizing the salaries of its employees in banks affiliated with the ruling Democratic Party, contrary to the Federal Court’s decision, which stipulated that the localization should be in federal government banks exclusively. 

Ibrahim said in an interview with Al-Maalouma Agency, "The Federal Court's decision to localize the salaries of the Kurdistan Region stipulated that the localization be in the federal government banks exclusively and not in any other banks, but political settlements led to an agreement to localize them in any bank subject to the conditions and supervision of the Central Bank," indicating that "these settlements were reached after the intransigence of the Kurdistan Democratic Party and pressure on the federal government." 

He added, "This matter is contrary to the decision of the Federal Court and the aspirations and visions of the employees of the Kurdistan Region," noting that "the employees of Sulaymaniyah and Halabja do not have conviction or confidence in the banks affiliated with the Kurdistan Democratic Party for political and technical reasons, as do many employees of Erbil." 

He pointed out that "there is talk about practicing some accounting operations in the party banks in Kurdistan so that the party officials can reap large profits by localizing the salaries of the region's employees in these banks," stressing that "the majority of employees believe that localizing in the federal government banks is the most correct and preferable." 

It is noteworthy that the Financial Supervision Bureau announced yesterday that the percentage of localizing salaries of Kurdistan Region employees exceeded 80 percent in banks, while political forces and Kurdish opposition parties confirm that the Kurdistan Democratic Party is exploiting the salaries file of the region's employees politically and electorally. End 25 B

FIREFLY: FIREFLY: ABOUT THE THREE DAY EVENT WILL BE A HISTORIC EVENT!! WOW!! @DINARREVALUATION #IQD

 

Revealing a "trick" used by Barzani's party to localize salaries of Kurdistan employee, 16 DEC

Revealing a "trick" used by Barzani's party to localize salaries of Kurdistan employees

Information/Special.. 

Former MP Mohammed Ibrahim revealed today, Monday, that the Kurdistan Regional Government has been localizing the salaries of its employees in banks affiliated with the ruling Democratic Party, contrary to the Federal Court’s decision, which stipulated that the localization should be in federal government banks exclusively. 

Ibrahim said in an interview with Al-Maalouma Agency, "The Federal Court's decision to localize the salaries of the Kurdistan Region stipulated that the localization be in the federal government banks exclusively and not in any other banks, but political settlements led to an agreement to localize them in any bank subject to the conditions and supervision of the Central Bank," indicating that "these settlements were reached after the intransigence of the Kurdistan Democratic Party and pressure on the federal government." 

He added, "This matter is contrary to the decision of the Federal Court and the aspirations and visions of the employees of the Kurdistan Region," noting that "the employees of Sulaymaniyah and Halabja do not have conviction or confidence in the banks affiliated with the Kurdistan Democratic Party for political and technical reasons, as do many employees of Erbil." 

He pointed out that "there is talk about practicing some accounting operations in the party banks in Kurdistan so that the party officials can reap large profits by localizing the salaries of the region's employees in these banks," stressing that "the majority of employees believe that localizing in the federal government banks is the most correct and preferable." 

It is noteworthy that the Financial Supervision Bureau announced yesterday that the percentage of localizing salaries of Kurdistan Region employees exceeded 80 percent in banks, while political forces and Kurdish opposition parties confirm that the Kurdistan Democratic Party is exploiting the salaries file of the region's employees politically and electorally. End 25 B

FIREFLY: SUDANI TALKED ABOUT HOW SERIOUS HIS GOV IS ABOUT INCREASING THE PURCHASING POWER TO ALL, 16 DEC

 Frank26 

[Iraq boots-on-the-ground report] 

FIREFLY: Sudani gave a big speech and he talked about how very very serious his government is about increasing the citizens' purchasing  power.  He said Iraq has reached a historical time for financial increase.  He talked about how stable we are. 

 FRANK:  Now that he has told you again for the 9th time, allow me to say this to you...Start your countdown!

Walkingstick: " There will be purchasing power" @DINARREVALUATION #iraqidinar #iraqidinarinvestor