FRANK26: "KTFA FAMILY... TOLD YOU. (LOL)", 30 DEC

 KTFA

FRANK26: "KTFA FAMILY... TOLD YOU. (LOL)"........F26

Uncertainty over the 2025 budget.. Parliament: We don't know anything about it yet

12/27/2024

- Baghdad

Member of Parliament Ahmed Al-Sharmani explained today, Thursday (December 26, 2024), that Parliament does not know anything about the 2025 budget schedules, suggesting that the government is deliberately delaying sending it.

Al-Sharmani said in an interview with “Baghdad Today”, “According to the Financial Management Law, the budget or its schedules must reach the House of Representatives at the end of the month (10) of each year, and any delay in doing so is considered a legal violation, especially since this violation has been repeated for many years."

He explained that "the 2025 budget tables are not known to the House of Representatives so far, and the delay in sending them is a violation, and there is no specific date for sending those tables. "

Al-Sharmani added, “Perhaps the government will link sending the tables with amending the law proposed in Parliament, and this will delay sending the tables for a long time due to disagreements over the origin of the amendment.”

MP Jawad Al-Yassari confirmed on December 19, 2024, that political differences over amending the budget law will delay voting on the 2025 budget schedules, indicating that “the Iraqi government is waiting for Parliament to amend the budget law, so that it can send it the schedules for 2025 according to the amendments.”

It is noteworthy that Member of Parliament Mustafa Al-Karaawi announced on December 8, 2024, the postponement of the second reading of the amendment to the General Budget Law until after the legislative holiday.

LINK

TIDBIT CLARE, 30 DEC

  Clare 

 Article: "Delegation from US Department of Treasury visit the CBI" 

  Quote:  "Announcement from Central Bank of Iraq – Delegation from US department of treasury visited the central bank of Iraq,

 the delegation expressed their gratitude and appreciation for the procedures taken by the CBI during last year in the operations of combating the financing of terrorism and money laundering."

WALKINGSTICK: ONCE IRAQ STOPS THE AUCTIONS...!! @DINARREVALUATION #iraqidinarinvestor

 

FRANK26: "WILL YOU STOP ASKING STUPID QUESTIONS???!!!", 30 DEC

 KTFA

FRANK26: "WILL YOU STOP ASKING STUPID QUESTIONS???!!!".........F26

Will the dollar price witness a significant increase in Iraq after stopping the currency window?

12/28/2024

SumerianNews - Local

Decided Finance Committee Parliamentary, today, Friday, the debate on the possibility of rising prices Dollar After stopping the selling platform Dollar "Currency window".

 

He said Committee Member Hussein Mounes for Sumerian News, "Stopping the currency window is not child Today, for more than a month, the Central Bank has begun to pull itself out of the window to be in line with the supply and demand for the currency.

 

 

 

He added, "Banks have correspondent banks and the transfer is done under the supervision of the Central Bank and the Federal Reserve, so nothing new will happen except that the Central Bank has decided to leave the platform."

 

He added, "This does not give any justification for the increase."Dollar Because the situation will remain as it is and will not affect the rise in the dollar price,” noting that “stopping the currency window has no effect on the rise in the dollar price.” (PLEASE SHUT UP -F26) 

 

LINK

REINALDO JC: AUCTIONS WILL BE STOPPING!!, 30 DEC

 REINALDO JC

Iraq Financial Advisor to the Prime Minister, Mazhar Mohammed Saleh, told 964media that starting 

Jan. 2, 2025, the Central Bank of Iraq will NO LONGER directly sell foreign currency for external transfer transactions related to 

financing foreign trade and other payments to local bank clients on a daily basis. Auctions will be stopping!!!!

IRAQI WILL HALT THE CURRENCY AUCTIONS TO COMBAT CORRUPTION @DINARREVALUATION

 

FRANK26: "YOU HAVE UNTIL THE 7TH, NOT THE 10TH., 30 DEC

KTFA

FRANK26: "YOU HAVE UNTIL THE 7TH, NOT THE 10TH.".........F26

 

Al-Sudani government asks parliament to amend paragraph on Kurdistan Region oil

 

12/28/2024

 

Iraqi Parliament member Muthanna Amin said on Saturday that the federal government has asked the council to amend a paragraph in the draft budget law for the year 2025.

Amin said in a statement to reporters today in Erbil that the legislative recess of the Iraqi parliament will end on January 10, and one of the most important tasks that it will accomplish during the coming period is the ratification of the draft budget law for next year.

He added that the federal government requested amending a paragraph in the budget, which is related to the Kurdistan Region's oil and estimating the financial costs of extracting crude oil, noting that an initial agreement was reached between the oil companies and the Kurdistan Regional Government in this regard, and what the regional government will present will be confirmed in the draft law of the country's general budget for the year 2025.

Regarding the legislative elections in Iraq, Amin stated: “Next year, the legislative term of the Iraqi Council of Representatives will end in its current session,” adding: “The current term of the Council cannot be extended, and legislative elections must be held in the country two months before the end of the parliament’s term.”

LINK