DINAR REVALUATION

Saturday, January 25, 2025

Breaking News: Trump and Sudani's Game-Changing Call! BY FIREFLY ‪@DINARREVALUATION‬

Parliamentary Energy Reveals US Pressure to Pass Budget Amendment Law...and This is the Reason, 25 JAN

Parliamentary Energy Reveals US Pressure to Pass Budget Amendment Law...and This is the Reason

1/23/2025 Baghdad

The Parliamentary Energy Committee revealed, on Thursday, American pressure to pass the amendment to the budget law.

The Deputy Chairman of the Energy and Natural Resources Committee in the House of Representatives, Adnan Al-Jaberi, said in an interview with the “Al-Mudawala” program, which is broadcast on “Al-Ahd” channel, that “most of the companies operating in the Kurdistan Region are American,” stressing that “the American administration is pressing to expedite the amendment of the budget law.”

He added, "The amendment of the budget aims to address the oil dispute between Baghdad and Erbil," indicating that "the amendment of Article 14 of the budget will lead to the appointment of about 12,000 employees on a contract basis."

He added, "The vote on amending the budget will lead to Baghdad's recognition of the oil contracts concluded by the region," explaining that "we proposed to the region to establish a national oil company affiliated with the federal Ministry of Oil."

He added, "We are seeking to amend Article 12 of the budget in a strict manner to prevent the region and the center from evading implementation." LINK

TIDBIT FROM SANDY INGRAM, 25 JAN

Sandy Ingram

Iraq has set an ambitious goal to increase non-oil revenues to 20% of its national income. This is urgently important because the IMF...will not support Iraq's increase in currency value until it has more non-oil annual revenue...

If you remember Iraq almost went bankrupt during the pandemic when oil revenue went to nearly zero.

MAJEED : ONCE THE IQD GO ON FOREX , IT WILL BE LIKE THE SHOTGUN TO LET THE OTHER CURRENCIES REVALUE

Parliamentarian: The House of Representatives will pass a set of laws after approving the controversial ones, 25 JAN

Parliamentarian: The House of Representatives will pass a set of laws after approving the controversial ones

1/24/2025

A member of the House of Representatives expects a number of laws to be passed during the upcoming sessions after the approval of the controversial laws.

Khaled Hamad Allawi told Al Furat News Agency: "New laws will be passed in the coming period because all the remaining laws are considered simple compared to the previous laws passed."

He explained that "the general amnesty, personal status and property return laws are considered among the laws that were obstructing the work of the House of Representatives and were passed."

Raghad LINK

TIDBIT FROM FRANK26, 25 JAN

Frank26

IMO the reason why they're using the three zero notes to educate the Iraqi citizens is not just because they will coexist with the new small category notes but they will look exactly like the old notes. The only difference is the zeros will be gone...

The whole thing falls on one thing - the amendment budget readings...If we're waiting for a float or a basket, what is it that's going to give us the float or the basket? The amendments...

If they pass the amendment, all hell is going to break loose but this time in a good way!