Monday, February 3, 2025
ZOOM NEWS IRAQ : Arab nations have rejected US President Donald Trump’s proposal to relocate Palestinians from Gaza!, 3 FEB
ZOOM NEWS
#BREAKING: Arab nations have rejected US President Donald Trump’s proposal to relocate Palestinians from Gaza to Egypt and Jordan.
In a joint statement, the Foreign Ministers of Saudi Arabia, Qatar, the UAE, Egypt, Jordan, and Palestine reject any plans to move Palestinians from Gaza and the occupied West Bank.
MNT GOAT : "ECONOMIST: THE COUNTRY'S FINANCIAL SITUATION IS AMONG THE MOST PROSPEROUS YEARS" , Choo-Choo!, 3 FEB
MNT GOAT
"ECONOMIST: THE COUNTRY'S FINANCIAL SITUATION IS AMONG THE
MOST PROSPEROUS YEARS"
Choo-Choo! Enough said...... "that the percentage for a country like Iraq that maintains cash reserves equivalent to between 20 and 40 percent of the volume of the issued currency is positive, indicating that
the financial situation is reassuring as it has exceeded 100 percent," "The Central Bank can provide a major source of protection for the Iraqi government if it needs some financial supplies by deducting remittances from government banks, " explaining that "the financial situation that the country is experiencing is among the most
prosperous years in terms of foreign exchange reserves." Al-Marsoumi said, "Iraq ranked third in the Arab world in terms of foreign exchange
reserves for the year 2024,
Yes, all nice words, but still at 1/6 of a penny?
Their words not mine.....
ZOOM NEWS IRAQ: NO MORE PRETEXT TO DELAY SALARY PAYMENTS, 3 FEB
ZOOM NEWS
Muthanna Amin, a Kurdish member of the Iraqi parliament, stated that the approval of the budget bill amendment allowing the resumption
of Kurdistan's oil exports will remove any pretext for the KRG and Iraqi federal government to delay salary payments to public employees in the Kurdistan Region,
an issue that has persisted for over a decade.
: Zoom News
: Zoom News
AJ : 🇮🇶🔥 IT'S DONE Article 2, 3 FEB
AJ
IT'S DONE Article 2 - This law shall be implemented from the date of its publication in the Official Gazette.
THE LAW PDF attached In the name of the people presidency Based on what was approved by the House of Representatives and ratified by the President of the Republic based on the provisions of Clause (First) of Article 61 and Clause (Third) of Article 73 of the Constitution. The following law was issued: No. ( ) for the year 2024 The First Amendment Law to the Federal General Budget Law of the Republic of Iraq For the fiscal years (2023 - 2025 - 2027) No. (13) of 2023 Article 1 - The text of Paragraph (c) of Clause (Second) of Article 12 of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2025 - 2025) No. 13 of 2023 shall be cancelled and replaced by the following: C - 1. The Federal Ministry of Finance shall compensate the Kurdistan Regional Government from sovereign expenses for the costs of production and transportation of the quantities of oil produced in the region that are received by the State Oil Marketing Company (SOMO) or the Federal Ministry of Oil in accordance with paragraphs (a, b) of this clause, provided that the fair estimated costs of production and transportation for each field separately are calculated by a specialized international technical consulting body determined by the Federal Ministry of Oil in agreement with the Ministry of Natural Resources in the region, within a period of (60) sixty days from the date of entry into force of this law, and in the event of failure to reach an agreement within the aforementioned period, the Federal Council of Ministers shall determine the aforementioned consulting body. The technical advisory body referred to in (1) of this paragraph shall submit the estimated cost of production and transportation to the Federal Ministries of Finance and Oil and the Kurdistan Regional Government, and it shall be approved for the purposes of this law. The compensation referred to in (1) of this paragraph shall be calculated based on the aforementioned cost per barrel multiplied by the number of barrels received in accordance with paragraphs (a, b) of this item, and the Federal Ministry of Finance shall undertake to pay the amounts to the Kurdistan Regional Government. Immediately begin delivering the oil produced in the region to the State Oil Marketing Organization (SOMO) or the Federal Ministry of Oil in accordance with paragraphs (a) and (b) of this clause, and the costs of production and transportation shall be compensated by the Federal Ministry of Finance as advances, at a rate of $16 per barrel, which shall be (۲-۱) Article 2 - This law shall be implemented from the date of its publication in the Official Gazette. It shall be settled later after the specialized technical advisory body referred to in (1) of this paragraph has completed its work, and retroactively from the date of commencement of delivery pursuant to this amendment. Positive reasons For the purpose of appointing a specialized international technical advisory body to work on calculating the fair estimated costs of producing and transporting oil produced in the Kurdistan Region and for each field separately, preserving the national wealth, enhancing actual federal revenues, and enabling the State Oil Marketing Company (SOMO) to make optimal use of and diversify export outlets. This law was enacted Here is the PDF media.shafaq.com/media/arcella_ shafaq.com/en/Iraq/Exclus
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