Sunday, January 12, 2025

It hosts an international summit.” Fouad Hussein visits Saudi Arabia today, 12 JAN

 It hosts an international summit.” Fouad Hussein visits Saudi Arabia today

Iraq’s Foreign Minister, Fouad Hussein, is expected to make an official visit to Saudi Arabia, during which he will meet the leaders of the Kingdom and two counterparts from countries in the region and the world.

A source, who declined to be named, told the Mountain Platform on Saturday that “Foreign Minister Fouad Hussein will head to the Saudi capital Riyadh, at 4:00 pm today, with an official visit.”

Hussein’s visit to Saudi Arabia coincides with the political and security developments left by the fall of Bashar al-Assad’s rule in Syria on December 8, and amid diplomatic activity in the region since then.

According to the official Turkish news agency “Anatolia”, today, the event in Riyadh “will bring together the foreign ministers of Iraq, Syria, Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, Oman, Lebanon, and Jordan.”

The foreign ministers of Britain and Germany will also attend the planned meeting in the Saudi capital, along with the deputy foreign ministers of the United States of America and Italy.

Hussein was scheduled to receive Syrian Foreign Minister Asaad Al-Shaibani today in the Iraqi capital Baghdad, before the latter announced the postponement of his trip to Iraq until further notice.

https://aljeebal.com/posts/2973

TIDBIT FROM FRANK26, 12 JAN

 Frank26 

  Question:  "What do you think Iraq's time to allow international to exchange our notes 

That's their prerogative.  Normally when something like this happens the IMF works with that central bank of that country and they figure out a time frame. 

 It can be three months...six months.  It can be a year.  The Untied Sates of America never cancelled our 3 zero notes... America never stopped allowing 3 zero notes to be exchanged but I got a feeling Iraq will and they should. 


GOLDILOCKS: Banks Preparing For New Currency Exchanges - ALL Test Completed @DINARREVALUATION #iraq

 


Saturday, January 11, 2025

National Union: Baghdad is facing a decisive test to end the oil export crisis and secure the region’s salaries, 12 JAN

 National Union: Baghdad is facing a decisive test to end the oil export crisis and secure the region’s salaries

The leader of the Patriotic Union of Kurdistan, Mahmoud Khoshnaw, confirmed the existence of a positive atmosphere between Baghdad and Erbil in the financial and economic aspects, while pointing out that solving the oil export crisis and securing the salaries of the Kurdistan Region is the responsibility of the Federal House of Representatives.

The useful summary.. In the important news, you will find it on the Al-Furat News channel on Telegram.To subscribe, click here

Khoshnau explained {For the Euphrates News} that: “Amending Article 12 of the Budget Law, relating to the resumption of oil exports, is an essential step in this direction.
He pointed out that “the Federal Ministry of Finance confirmed that it is not possible to pay the Kurdistan Region’s share of the budget unless the export of oil is resumed, in return, the region expressed its readiness to export oil, but the problem lies in the absence of agreement and agreement with the producing companies in the region.”
Khoshnau added that “the Kurdistan Region handed over the entire oil file to the federal government, which makes the ball now in the court of the Iraqi Ministry of Oil,” praising “the efforts of the federal government in this file, as it submitted a project to the House of Representatives that includes four paths to resolve the crisis.”
The leader of the National Union concluded by stressing “the need for all parties to adopt the establishment of the pillars of readiness and cooperation to solve this crisis, especially as it relates to the salaries of employees and retirees, who are long overdue for a radical solution to this problem.”
An official document revealed Erbil’s refraint from paying oil revenues for the months of the Federal Ministry of Finance.
The document, obtained by {Euphrates News}, included an official address between the Federal Ministry of Finance and the region to explain the reasons for Erbil’s abstaining from paying the amounts of oil revenues for the months of (July-Aust-September).

BROTHERS TECHNOLOGY: I Think The ministry of Oil is ready…, 12 JAN

BROTHERS TECHNOLOGY

I Think The ministry of Oil is ready……. Politics: Euphrates News} The leader of the Patriotic Union of Kurdistan, Mahmoud Khoshnaw, confirmed the existence of a positive atmosphere between Baghdad and Erbil in the financial and economic aspects,

while pointing out that solving the oil export crisis and securing the salaries of the Kurdistan Region is the responsibility of the Federal House of Representatives. The useful summary..

In the important news, you will find it on the Al-Furat News channel on Telegram.To subscribe, click here Khoshnau explained {For the Euphrates News} that: "Amending Article 12 of the Budget Law, relating to the resumption of oil exports, is an essential step in this direction."
He pointed out that "the Federal Ministry of Finance confirmed that it is not possible to pay the Kurdistan Region's share of the budget unless the export of oil is resumed, in return, the region expressed its readiness to export oil, but the problem lies in the absence of agreement and agreement with the producing companies in the region."
Khoshnau added that "the Kurdistan Region handed over the entire oil file to the federal government, which makes the ball now in the court of the Iraqi Ministry of Oil," praising "the efforts of the federal government in this file, as it submitted a project to the House of Representatives that includes four paths to resolve the crisis."
The leader of the National Union concluded by stressing "the need for all parties to adopt the establishment of the pillars of readiness and cooperation to solve this crisis, especially as it relates to the salaries of employees and retirees, who are long overdue for a radical solution to this problem." An official document revealed Erbil's refraint from paying oil revenues for the months of the Federal Ministry of Finance.
The document, obtained by {Euphrates News}, included an official address between the Federal Ministry of Finance and the region to explain the reasons for Erbil's abstaining from paying the amounts of oil revenues for the months of (July-Aust-September).  Ragheed

MNT GOAT: IRAQ IS JUSTIFYING THESE VERY NEAR CHANGES TO THE CURRENCY AUCTION SYSTEM @DINARREVALUATION

 


Minister of Finance: We financed all the salaries of the Kurdistan Region 2024 and handed them over the responsibility of the region, 12 JAN

 Minister of Finance: We financed all the salaries of the Kurdistan Region 2024 and handed them over the responsibility of the region

Finance Minister Taif Sami announced on Saturday the financing of the full salaries of the region’s employees for 2024.

The useful summary.. In the important news, you will find it on the Al-Furat News channel on Telegram.To subscribe, click here

“Employees’ Salaries During 2025 Are Fully Secured,” Sami Said During Her Hosting At The Parliamentary Finance Committee, Stressing That “The Federal Government Paid More Than 11 Trillion Salaries To The Employees Of The Kurdistan Region. The Authorities In Kurdistan Did Not Hand Over The Region’S Oil And Non-Oil Revenues To The Center.”

She added, “The region’s non-oil revenues amounted to more than 4 trillion dinars. Erbil sent only 320 billion dinars to Baghdad, and we financed the entire salaries of the region’s employees for 2024 and are not responsible for not delivering them to their entitlements.”

For his part, the head of the Parliamentary Finance Committee, Atwan Al-Atwani, said that “we discussed during the hosting of the Minister of Finance the budget schedules of 2025 and the file of employees’ salaries.”

He explained that “the hosting mainly aims to determine the priorities of spending in the 2025 budget and the proposal to amend Article (12) in the Tripartite Budget Law,” stressing that “the Committee is keen to integrate the work between the legislative and executive authorities.”

https://alforatnews.iq/news/وزير-المالية-مولنا-رواتب-إقليم-كردستان-2024-وتسليمها-مسؤولية-الإقليم

KAPERONI : Encouraging Iraq to succeed and prosper is the only way to increase value., 13 JAN

  Kaperoni   [Question referencing Guru Kaperoni 1-11-2025 post below]  " How can they do that and never add value to the Dinar ?"...