TIDBIT FROM MILITIAMAN, 1 FEB

 Militia Man 

 This is from the prime minister.

  Article quote:  "The government is committed to diversifying the economy and eliminating the monopoly of rents."

  So they're going to move from oil to oil-gas-non-oil revenue streams...They're pushing forward.  

It's really exciting to see how much progress Iraq has made in the last two years and the effects it's having on a global scale.

MARKZ: Banks received a notice about currency revaluation!! ‪@DINARREVALUATION‬ #iraqidinarinvestor

 

FRANK26: "GOLD WILL CHANGE MANY CURRENCIES SOON.", 1 FEB

 KTFA

FRANK26: "GOLD WILL CHANGE MANY CURRENCIES SOON.".......F26

Economist: Trump is changing the rules of the economic game through gold

1/26/2025

 

Economic expert Basem Jamil Antoine considered that the statements of former US President Donald Trump regarding gold reflect “a trend towards speculation instead of focusing on the industry.”

 

Antoine told {Euphrates News} that: "Trump's recent statements about resorting to gold in the economy may subject this process to speculation by major capitalists and influential people who head to areas of power and profit and convert gold into homes and real estate, away from industrial sectors and production that need a long time to build." 

He added, "The ground from which Trump came is his original work as a speculator and he does not believe in industrial work and the main goal is to achieve profits and gain from the United States from gold, oil or weapons, and this is a non-industrial process."
Antoine explained that "industrialists have a long breath and Trump's breath goes to deals that achieve imaginary profits in a short period of time."
The statements of former US President Donald Trump about gold came in the context of his talk about global economic transformations. 
Trump indicated that the US economy may witness a transformation if there is a greater trend towards using gold as an economic tool, instead of relying on paper currencies. 
He considered that this trend may encourage major capitalists and investors to transfer wealth into gold and real estate, instead of investing in productive sectors that need a long time to grow.
Raghad

LINK

 

MAJEED UPDATE, 1 FEB

 MAJEED 

'Reforming the house of representative in Iraq took effect yesterday .

New members for the house of representative Effective January 29, 2025 Now, bills will pass like kidney stone Since they are new and trying to prove themselves These new members will be in the house of Representative on Sunday LFGGGG

12:05 PM · Jan 31, 2025

·

17.5K

Views

WALKINGSTICK: I'll take a new exchange rate for the IQD that I have in my reserves and deaL!!#iqd

 

FRANK26: "THE BUDGET IS THE KEY... TO UNLOCK EVERYTHING!!!", 1 FEB

 KTFA

FRANK26: "THE BUDGET IS THE KEY... TO UNLOCK EVERYTHING!!!".........F26

Parliamentary Committee Reveals Date of Passing Budget Amendment in Parliament

1/25/2025

 

Baghdad

The Parliamentary Committee on Regions and Governorates revealed, today, Saturday (January 25, 2025), the date for passing the amendment to the Federal Budget Law.

The deputy head of the committee, Jawad Al-Yasari, told Baghdad Today, “The amendment to the budget law will be passed after the end of the recess of the House of Representatives due to the Rajab visit to Baghdad, and after that the date for resuming the sessions will be determined."

Al-Yasari added, “There is a political consensus to pass the amendment to the budget law with the aim of resolving the differences between Baghdad and Erbil, as well as to expedite the sending of the 2025 budget tables, especially since the government has been very late in sending them."

It is noteworthy that the Kurdistan Regional Government issued an angry statement last Thursday regarding the amendment of the federal budget law.

The spokesman for the Kurdistan Regional Government said in a statement that “after a series of meetings and persistent efforts aimed at amending the federal general budget law by the Council of Representatives with the aim of resuming the export of the region’s oil, and after completing the "First and second readings, unfortunately, the draft law was not approved in the agreed-upon form at the last minute."

For its part, the federal government denied, last Thursday, what was announced by the spokesman for the Kurdistan Regional Government, regarding submitting a proposal contrary to the amendment of the Council of Ministers in the financial budget law to the House of Representatives.

Government spokesman Bassem Al-Awadi responded in a statement that “based on the government’s keenness on transparency and disclosure to citizens of the progress of its executive work, especially with regard to the budget issue, which is a fundamental pillar for implementing the commitments contained in the government programme, we confirm the government's commitment to the amendments sent to the House of Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government's representative in the House of Representatives stressed the need not to make any other Amendments to the budget law that contradict the texts submitted by the Council of Ministers.”

The amendments to the federal budget for the current year have caused a great deal of controversy within the political corridors, as some representatives have blamed the government for raising the spending ceilings, while the latter has responded on more than one occasion that the responsibility lies with Parliament for making changes to the budget items and tampering with its schedules sent to Parliament.

LINK

TIDBIT FROM FRANK26, 1 FEB

 Frank26  

The relationship between Sudani and Donald Trump is about to announce some initiative that is going to make America and Iraq stronger.  The expectations of this are pretty high...

What do you think this announcement from Trump is going to be?  

Community comment:  MAGA and MIGA - Make Iraq Great Again.  

FRANK: I like that because that's exactly what this man is doing right now.