Thursday, January 16, 2025

FRANK26: "EVERYTHING IN THE BUDGET NEEDS THE NEW RATE... IT'S THAT SIMPLE.", 16 JAN

 KTFA

FRANK26: "EVERYTHING IN THE BUDGET NEEDS THE NEW RATE... IT'S THAT SIMPLE.".....F26

 

Kurdistan Government.. 3 decisive decisions to end the salary crisis and the region’s share of the budget


1/11/2025

The Kurdistan Regional Council of Ministers held an extraordinary meeting today, Saturday, headed by Prime Minister Masrour Barzani, with the attendance of Deputy Speaker of the Council Qubad Talabani, and the participation of the region’s representatives in the federal government and the Council of Representatives, to discuss the issue of the region’s financial rights and dues.
 
According to the statement, Barzani addressed the following: "Securing and defending the interests of the people of Kurdistan is the main issue of this meeting, and it is a historical and national responsibility that falls on all of us. We have extended an invitation to all Kurdish parties, and we hope that they will all participate, so that we can discuss the topics clearly and frankly, face to face, and in light of the facts."

Barzani stressed that "it is the duty of the representatives of the region to defend the interests, rights and financial dues of the people of Kurdistan," stressing that "the issue is not limited to financial dues only, but includes other issues such as Article 140 of the Constitution, the areas cut off from the region, the rights of the Peshmerga, compensation for the families of the victims of Anfal and Halabja and the victims of the former regime, and compensation for 4,500 destroyed villages in Kurdistan, as the Constitution clearly stipulates this compensation, as all our problems and demands cannot be limited to the issue of salaries, which unfortunately Baghdad was able to limit our problems, and occupied us with the question of whether the monthly salaries of the people of Kurdistan will be paid or not."

"This meeting is important, and if we unite and Baghdad realizes that Kurdistan is serious about adhering to and insisting on its rights, it will not be able to ignore the people of Kurdistan and marginalize their demands. Therefore, we must not fall under the influence of a wrong policy aimed at marginalizing the Kurdistan Region and violating the rights of its people,"
Barzani added. "Baghdad's current behavior with the Kurdistan Region does not amount to a federal treatment or a federal entity. It does not even treat the provinces in this way, but it treats the region in this manner. Therefore, its behavior with the Kurdistan Region is unfair and unconstitutional, inconsistent with the federal system, and unacceptable."

"We must correct this relationship, as we have a constitution to which we adhere, and we must abide by it and respect the entity of the region," he explained, adding, "Baghdad often resorts to the Federal Court, considering that the Federal Court's decision is stronger than taking some steps towards the Kurdistan Region, but we have noticed that dealing with the Federal Court involves moodiness. When it was in their interest, they always resorted to it, but they ignored its rulings when they were in the interest of the people of Kurdistan."

Barzani explained, "We now want, in 2025, for this anxiety and concern among our people to dissipate, because they do not deserve to be treated in this way," stressing that "our people deserve respect for their struggle and sacrifices, and for their salaries and entitlements to be paid like all other Iraqi citizens," demanding "equality, and we demand our constitutional rights, and we call for building a healthy and sound relationship between Baghdad and Erbil."
According to the statement, the Ministers of Finance and Economy, Acting Minister of Natural Resources, Minister of Planning, Minister of Peshmerga Affairs, Minister of Labor and Social Affairs, Minister of Health, and Minister of Martyrs and Anfal Affairs, submitted detailed reports and information supported by tables, figures and accurate documents regarding the violation of the constitutional rights of the region and the unfair treatment of the region’s citizens.
Following the deliberations, exchange of views and discussions, the meeting stressed "the necessity of combining efforts, unifying positions, and the necessary coordination between the Kurdish parties and the representatives of the region at the level of the federal council of ministers and representatives, in order to obtain full rights and entitlements for the region in Baghdad, within the framework of the federal general budget law, and the decision of the Federal Supreme Court to pay salaries in line with the rest of the regions of Iraq and on time, and to respect the constitutional rights of the region as a federal and constitutional entity."

The meeting decided the following:
First: The Kurdistan Regional Government and the region’s representatives in the federal government will work together to secure full salaries for Kurdistan Region salary recipients for the twelve months of 2025. On this basis, it was decided that a delegation of Kurdistan Region representatives will meet with the federal Prime Minister to convey the Kurdistan Region’s message on the necessity of dealing with the region as a federal and constitutional entity, and to solve the salary problem for the year 2025.
Second: The Ministry of Finance and Economy in the Kurdistan Region will participate in the process of reviewing the region’s share of the proposed schedule of salary and operating expenses, investment budget projects, the regional and governorate development budget, and the schedules related to all dues for the fiscal year 2025 and preparing them jointly between the Ministry of Finance of the region and the federal Ministry of Finance, especially with regard to the region’s share, dues, job grades and staff, according to the constitution and the decision of the Federal Supreme Court.
Third: Starting now, work on the federal budget law, so that the Kurdistan Region’s share of the budget is determined on the basis of the region’s population percentage according to the general population census conducted last year, and the fair constitutional standards in determining the region’s share of the budget as a federal entity, and then sending it while taking into account the specificity of the Kurdistan Region as a federal entity, and distributing it within the framework of the region’s share of the budget.
 

LINK

“Coffee With MarkZ” Wednesday Morning Chat 1-15-2025, 16 JAN

 “Coffee With MarkZ” Wednesday Morning Chat 1-15-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Wednesday morning Mark and all .

Member: Any RV news…….or are we waiting for next week?

Member: I think the train is pulling into the Station….get ready to reach our destination

Member: Another guru said dinar is showing at $4.19 on forex…Is this true? 

MZ: For moments it popped to that and boy did I have a lot of excited folks. It wasn’t there this morning so I believe they are testing. There are many who think that may be the international or “Street Rate”  ;

Member: Supposedly the bank screens are set. Just waiting for it to show up- official.

Member: 4.91 Monday TNT Tony

Member: They are playing with the rates just to keep us in anticipation!! LOL

Member: Maybe they are playing with the rates just to see who was watching them in the middle of the night?

Member: I believe the PTB don’t want the current admin to take credit for the RV

Member: ​​I think it's more about protecting the RV rather than .taking credit for it.

Member: IMO-Mr. C has always said the RV and Nesara would go at the same time therefore until Trump releases the goldback dollar ...we wait

Member: I heard that they had to wait due to errors trying to run Swift with QFS. Both running at once were not working together. Idk

Member: Heard a rumor that we need a trust to get the contract rate?

Member: Sure are a lot of crazy rumors right now. 

MZ: Every single one of my banking contacts say that is BS. They believe you may need one for your humanitarian projects….when it gets full funding….but I am not a financial advisor. I assume the people selling those rumors are also selling trusts. 

Member: any bond news? 

MZ: No new historic bond updates…Most are waiting for the 16th through the 22nd as of yesterday. Most are looking at the 21st and 22nd now. 

Member: my friend works @ fidelity she believes the market is going to crash but she's told to tell her clients to not pull out. evil.

MZ: In Iraq:  “In numbers- quantities of oil expected from the region despite the suspension of exports . no one knows where the revenues go” They are talking about the oil that disappears from the Erbil region daily. About 300,000 barrels goes missing to the black market and is lining somebodies pockets. This is big money…theft of millions a dollars every day. 

MZ: “Iraqi delegation signs memorandum of understanding in London”  this again makes Iraq going “International” 

Member: Have they done a third reading of the budget law in Iraq yet?

MZ: I have not found that in the news. My sources expect it on Wed or Thurs….Today is Wed.

Member: Thanks for all you do Mark. Mark how do you stay so positive? you're like a super optimist, and it's refreshing

Member: Everyone have a wonderful Wednesday. See you tonight.

MNT GOAT: The CBI told us That the ATM are an integral part of the Project to Delete the Zeros.!!!

 


FRANK26: "FROM YOUR MOUTH TO GOD'S EARS TO SUDANI'S SIGNATURE", 16 JAN

 KTFA

FRANK26: "FROM YOUR MOUTH TO GOD'S EARS TO SUDANI'S SIGNATURE".......F26

 

2025 budget is on the verge of legislation, and delaying the schedules will not stop the decision

 

1/11/2025

 

Jamal Kojer, a member of the Finance Committee in Parliament, confirmed today, Saturday, that the 2025 budget schedules have not reached Parliament yet, but he stressed that the budget will be legislated during the current legislative session.
 
Kocher explained in a statement to {Euphrates News} that "the delay in the arrival of the tables will not affect the course of the budget legislation, indicating that the next legislative session will be quieter due to the preoccupation of the representatives with the elections, which will reduce their attendance at the sessions."
It is noteworthy that the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a press statement that Article 77/Second of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the three-year budget, stipulates that the government sends the budget tables for the years 2024 and 2025 to the House of Representatives for approval before the end of the previous fiscal year.
He added that the Ministry of Finance has announced that it is in the process of preparing the general budget schedules for the year 2025, in accordance with the constitutional mechanisms adopted by the aforementioned Triennial Budget Law.

Saleh noted that the federal general budget tables for the year 2025 will be based on the constants of Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, in a way that ensures that the provisions of the budget tables for the year 2025 are adapted within the available legal texts, in addition to relying on the performance of the indicators of the general budget tables for the year 2024.

From.. Raghad 


LINK

MELANIA HINDS CC HIGHLIGHTS NOTES, 16 JAN

 MELANIA HINDS CC HIGHLIGHTS NOTES

Highlights

Summary

In this video summary, the speaker discusses significant recent developments in Iraq, particularly focusing on a historic partnership agreement between Iraqi Prime Minister Muhammad Shia Al Sudani and British Prime Minister Keir Starmer.

 The agreement, valued at £12.3 billion, encompasses various sectors including trade, security, and infrastructure, aiming to bolster Iraq’s economy and enhance its sovereignty.

 The speaker highlights key projects, economic reforms, and the evolving political landscape in Iraq, while also engaging with the audience by asking for their opinions on investment strategies related to the Iraqi dinar. 

The video transitions into a broader discussion about various economic activities and challenges that Iraq faces, including discussions around Article 140 and the ongoing issues with smuggling and market rates. The speaker encourages community feedback and participation in upcoming conversations about Iraq’s future.

  • 🇮🇶 Historic Partnership: Iraq and the UK sign a £12.3 billion deal focusing on trade, industry, and security.
  • 💧 Infrastructure Projects: The agreement includes major initiatives for water and electricity, benefiting millions of Iraqis.
  • 📊 Economic Reforms: Iraq is poised for unprecedented reforms aimed at stabilizing its economy and currency.
  • 🌍 Strategic Goals: The partnership seeks to deepen cultural ties and address challenges like migration and climate change.
  • 🏗️ Major Projects: Six significant initiatives are expected to enhance Iraq’s GDP and economic status.
  • 🔄 Monetary Changes: Discussions about potential changes in the Iraqi dinar’s exchange rate and market dynamics are highlighted.
  • 🔍 Community Engagement: The speaker invites viewers to share their thoughts and experiences related to Iraqi investments.

Key Insights

  • 🔗 Strategic Partnership with the UK: The £12.3 billion partnership between Iraq and the UK signifies a major shift in Iraq’s international relations, focusing on trade, security, and infrastructure. This agreement is a crucial step towards Iraq’s economic recovery and stability, aiming to foster a sovereign and prosperous nation. The commitment to rehabilitate military bases and enhance water and electricity infrastructure reflects Iraq’s pressing needs and strategic priorities in rebuilding its economy.

  • 💼 Focus on Economic Growth: The six key projects mentioned by the speaker are a pivotal aspect of Iraq’s economic strategy. These projects, including the development of transport networks and energy exploration, are expected to significantly boost Iraq’s GDP and enhance its economic status on a global scale. The emphasis on collaboration with international entities like Total Energies and the United Nations demonstrates Iraq’s commitment to seeking foreign investment and expertise.

  • 🌐 Importance of Reforms: The speaker emphasizes that without significant reforms, Iraq risks economic collapse. The video suggests that the current administration is aware of this urgency and is taking steps to implement necessary changes. The mention of reforms that have “never been seen in their lifetime” highlights the transformative potential of these measures, which could significantly impact the Iraqi dinar’s value.

  • ⚖️ Political Unity in Iraq: The speaker notes a strong consensus among Iraq’s political leaders regarding the need for a unified Iraq. This political cohesion is vital for the successful implementation of reforms and economic initiatives. The reference to religious leaders supporting this unity underscores the importance of a collective approach in navigating Iraq’s complex political landscape.

  • 📈 Market Dynamics and Currency Stability: The discussions surrounding Article 140 and the potential changes in the Iraqi dinar’s exchange rate indicate a growing focus on stabilizing Iraq’s currency in the foreign exchange market. The speaker expresses confidence that the Central Bank of Iraq is closely monitoring market rates, suggesting an intention to adopt a more flexible approach to currency valuation.

  • 🚀 Emerging Opportunities: The video highlights the emergence of new investment opportunities in Iraq, particularly in the context of Forex trading and the potential for a currency reset. The mention of various currencies and the increasing interest in digital platforms for trading indicates a shift towards modern financial practices in Iraq. This evolution could attract more investors looking to engage with the Iraqi economy.

  • 👥 Community Engagement and Support: The speaker actively encourages audience participation and feedback, fostering a sense of community among viewers. By inviting comments and discussions about their investments and experiences, the speaker creates an engaged audience that can collectively navigate the complexities of investing in Iraq. This engagement reflects a broader trend of community-driven investment strategies, where shared knowledge and experiences can lead to more informed decision-making.

In conclusion, the video presents a comprehensive overview of Iraq’s current economic and political landscape, emphasizing the importance of international partnerships, economic reforms, and community engagement in shaping Iraq’s future. The speaker’s insights and call for audience participation reflect a commitment to keeping viewers informed and involved in the ongoing developments in Iraq.

MZ: the dinar is popping up on different aps and pairing with different crypto pairing.this is big!!

 


FRANK26: "READ IT... OR WEEP.", 16 JAN

 KTFA

FRANK26: "READ IT... OR WEEP."..........F26

The House of Representatives discusses amending the Unified Retirement Law and the General Budget

 

1/11/2025

The Iraqi Council of Representatives is scheduled to resume its sessions tomorrow, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda, as it proposes extending the retirement age for public sector employees to 63 years.

In this regard, Dr. Narmin Marouf, a member of the Parliamentary Finance Committee, said: “The first session of the first legislative term of the new year will be held on Sunday, as the agenda includes the first reading of the draft law amending the General Retirement Law No. 9 of 2014.”

Dr. Narmin Marouf added: “The main article to be amended in the law is Article 5 related to the retirement age, as the amendment proposes returning the retirement age for public sector employees to 63 years, as it was before the legislation of the aforementioned law, which reduced the retirement age to 60 years.”

The Council of Representatives is scheduled to hold another session on Monday 13/10, and its agenda includes 10 paragraphs, the most important of which is the second reading of the draft amendment to the Federal General Budget Law.

The amendment relates to Article 12 of the Federal Budget Law of the Republic of Iraq for the fiscal years (2023-2024-2025) No. 13 of 2023, and this article concerns the export of oil extracted from the Kurdistan Region through the Iraqi Oil Marketing Company (SOMO).

On 11/7/2024, the Presidency of the Iraqi Council of Representatives decided to extend its legislative term for 30 days, starting from November 9.

LINK

THE MOMENT OF TRUTH IS APPROACHING… CONFLICTING VISIONS WITHIN THE FRAMEWORK THREATEN TO DERAIL THE GOVERNMENT’S PLANS

  THE MOMENT OF TRUTH IS APPROACHING… CONFLICTING VISIONS WITHIN THE FRAMEWORK THREATEN TO DERAIL THE GOVERNMENT’S PLANS The corridors of th...