Tuesday, December 24, 2024
Parliamentary Legal: Agreement to pass three controversial laws in one basket, 24 DEC
Parliamentary Legal: Agreement to pass three controversial laws in one basket
The parliamentary legal committee revealed on Monday the agreement to pass three controversial laws with one basket.
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Committee member Aref Al-Hammi said {for the Euphrates News}: “With regard to the real estate law of Kirkuk, he will be submitted to a vote with the personal status and general amnesty laws.”
Al-Hammi explained, “where it was agreed to present these laws in one basket during the session of the House of Representatives, which will be determined by the Presidency of the Council.”
Earlier, Al-Hammai criticized, Linking The Amendment To The Personal Status Law With Other Laws In An Attempt To Pressure And Get The Vote Of The Shiite Component On Other Controversial Laws In The House Of Representatives, As Is The Case With The Amendment Of The Amnesty Law To Obtain A Nuorum For Passing.
On the second of this month, the House of Representatives began voting on the amendment of the Personal Status Law, the General Amnesty Law and the Law on the Return of Real Estate to its owners covered by some decisions of the dissolved Revolutionary Command Council.
Parliament did not approve the three controversial laws for not agreeing to be postponed to the next legislative term.
Ragheed
https://alforatnews.iq/news/القانونية-النيابية-الاتفاق-على-تمرير-ثلاثة-قوانين-جدلية-بسلة-واحدة-
DINAR REVALUATION UPDATE: Updates from contractors suggest significant changes on the horizon IN THE VALUE OF THE IRAQI DINAR!!, 24 DEC
DINAR REVALUATION UPDATE
Summary
Here are the recent economic updates, including non-oil revenue increases and potential exchange rate changes.
Highlights
- 🏦 Stopping auctions is seen as a critical indicator for monetary reform.
- 📈 Non-oil revenues jumped from 7% to 14%, indicating economic growth.
- 📉 Unemployment and poverty rates are declining, showing positive economic trends.
- 💸 Closing auctions may lead to a new exchange rate with lower notes.
- ⏳ Potential exchange rate of $3.98 mentioned, but it’s still a rumor.
- 🔄 Updates from contractors suggest significant changes on the horizon!!
Dollar auction.. What is the truth about stopping the Central Bank’s currency conversion platform?, 24 DEC
Dollar auction.. What is the truth about stopping the Central Bank’s currency conversion platform?
Shafaq News / An official source at the Central Bank of Iraq revealed on Monday evening the fact of stopping the Central Bank’s currency transfer platform starting today.
The source told Shafak News Agency that “the talk about the official suspension of the Central Bank platform for the currency conversion window, on today 23/12/2024, is not true, and today the auction worked normally and there is no decision to officially suspend so far.”
The source, who asked not to be named, added that “the suspension of this platform will be the end of the current year, according to the bank officially announced, and this does not mean stopping remittance operations as some try to promote it, but after this step, dealing will be directly between banks and correspondent banks, not the cancellation of transfers as it promotes, and the subject was not limited to specific banks, but the process will be very broader.”
The responsible source at the Central Bank said that “many Iraqi banks have the capabilities to deal with correspondent banks directly and work according to the work of the advanced international banking sectors.”
https://alforatnews.iq/news/القانونية-النيابية-الاتفاق-على-تمرير-ثلاثة-قوانين-جدلية-بسلة-واحدة-
JEFF: If Iraq is going change the value of their currency, they would need to pause and suspend credit and lending practices, 24 DEC
Jeff
The second half of December was a very critical period to Iraq.
Why?
During the second half of December is when Iraq pauses and suspends their credit and lending practices which work off the value of the country's currency.
If Iraq is going change the value of their currency, they would need to pause and suspend credit and lending practices.
That's why it's important.
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