AL-ATWANI: BUDGET TABLES WILL REACH PARLIAMENT IN MID-MARCH, 5 MARCH

 AL-ATWANI: BUDGET TABLES WILL REACH PARLIAMENT IN MID-MARCH

The head of the parliamentary finance committee, MP Atwan Al-Atwani, expected the budget tables to reach parliament in mid-March, while indicating that there is a discussion about contract employees who deserve to be appointed.

Al-Atwani told the “Under Two Lines” program, which is broadcast on Al-Iraqiya News, followed by the Iraqi News Agency (INA), that “the financial and economic situation in the country is good,” indicating that “the oil countries are experiencing a state of constant anxiety about falling prices.”

He added: “We must search for alternatives and solutions to the single economy,” stressing that “we are constantly searching for solutions to avoid oil price concerns.”

He pointed out that “electricity revenues are 3.5 trillion dinars, while what has actually been achieved is 400 billion dinars.”

Regarding the budget, Al-Atwani explained that “the budget tables will reach parliament in mid-March,” noting that “the budget amendment was in Article 12 regarding the costs of transporting and extracting the region’s oil.”

He pointed out that “the government will make some changes to the budget schedules,” stressing that “the budget has stopped appointments, staff, contracts and wages.” He explained that “there is a discussion about contract employees who deserve to be permanent,” noting that “the State Council has approved that appointment is different from being permanent on the staff.” He continued: “Article 14 of the budget regarding stopping appointments must be reviewed.”

TIDBIT FROM MNT GOAT, 5 MARCH

MNT GOAT

2025: "SUDANESE ADVISOR: 2021: "THE CENTRAL BANK URGES CAUTIONS ON DIGITAL CURRENCIES" DIGITAL CURRENCY IS A QUALITATIVE LEAP THAT

IMPROVES OVERSIGHT AND

(Full articles in the articles section) SUPPORTS COMBATING MONEY

LAUNDERING".

 Today let's discuss a VERY IMPORTANT topic of digital currency. This is not just

digitizing the payment and transfer process. Is this digital currency the next step?

 What are the ramifications on the RV we are looking for? Will this happen any time soon? Let's explore these questions today along with other very informative

news.

For me anyhow this seems like a drastic change in policy from Ali Al-Alaq and the CBI. What happened between 2021 and 2025 to cause this reversal of policy of the dinar?

 Yes, this one took me by total surprise as well as a surprise by my CBI

contact too.

Their words not mine..... No Rumors

FIREFLY: it will come out $3.50 to $3.80 and probably be a managed float!! ‪@DINARREVALUATION‬ #iqd

 

INVESTMENT OPPORTUNITIES ARE EXPANDING.. FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST , 5 MARCH

INVESTMENT OPPORTUNITIES ARE EXPANDING.. FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST 

The Ministry of Industry and Minerals revealed plans on Monday to establish giant industrial projects in the city of Al-Faw, which will make it one of the largest industrial cities in the Middle East, as part of the Strategic Development Road project.  

The Deputy Chairman of the Industrial Cities Authority at the Ministry, Riyadh Jassim Kazim, said in a statement to the official newspaper that “the technical designs for the project will be completed soon, as work is proceeding according to well-studied plans, with the completion of the initial designs and the addition of some modifications to ensure the project is implemented in the best possible way.”  

He explained that “the development road will transform Iraq into a pivotal commercial center linking the East and the West through advanced industrial cities extending from Al-Faw to the Turkish border,” noting that Al-Faw city will include giant industrial projects including petrochemical plants, power stations, water desalination and liquefied gas facilities, in addition to residential and tourism projects, which will contribute to stimulating trade exchange and creating more than one million job opportunities.  

Kazem also stressed that the project will contribute to reducing the time it takes to transport goods from China to Europe to less than 22 days, which will enhance Iraq’s position as a global logistics center.  

He pointed out that the preparation of the project’s designs faced some obstacles, such as conflicts on the road’s path with agricultural and economic projects, but coordination was made with local governments and those conflicts were removed, which allowed the preparation of the final technical designs for the project.  
He concluded by saying that “the development road will be a fundamental pillar in diversifying the Iraqi economy and reducing dependence on oil, so that Iraq becomes a pivotal part of the international trade map, benefiting from its modern infrastructure and its ability to connect continents.”

STATUS OF THE RV , PART. 2 BY MNT GOAT, 6 MARCH

 STATUS OF THE RV , PART. 2

😊Now let’s take a look at the U.S. policy towards Iraq right now under the Trump administration. In the article titled “COORDINATION FRAMEWORK MOVES TO RESPOND TO RUBIO’S WARNING MESSAGES”. 

The Coordination Framework in Iraq is preparing to hold an emergency meeting within the next two days to discuss the details of the phone call that took place between US Secretary of State Marco Rubio and Iraqi Prime Minister Mohammed Shia al-Sudani.

 You remember this past article on this topic? Now we are getting more details. We are told the move appears to reflect growing concern within Iraqi political circles “about the implications of the new US policy under President Donald Trump’s administration, which focuses on a “maximum pressure” strategy against Tehran”.

The meeting appears to be an attempt to formulate a unified position that protects Iraq from any potential sanctions that may affect economic and political figures or entities. The question I ask now is will Iraq avoid serious sanctions. We already witnessed a major move (see previous paragraph) by the CBI in cutting off yet another avenue of cash that could get to Iraq through the parallel market. The article also tells us that at time “that Iraq is not among the main priorities of US foreign policy at the present time. He explained that the US focus is on confronting Iran, and that Iraq is seen as a secondary arena in this conflict.”.

Again, I will add that we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished. Please also include this in your prayers as I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world. I believe the reasons why should be apparent to everyone and so we should all put on our “big boy” pants, suck it up and realize what is actually taking place and move out of this fantasy intel guru world.  

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MILITIAMAN: Iraq has done all the things NEEDED to BE IN compliance with THE IMF!!

 

MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES, 5 MARCH

 MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES

The Ministry of Finance confirmed, on Sunday, that the Iraqi government is committed to achieving financial sustainability that supports development and stimulates investment, while the International Monetary Fund expressed its support for Iraq in developing financial policies.

A statement by the ministry, seen by Al-Eqtisad News, stated that “the Iraqi delegation concluded its meetings with the International Monetary Fund in Amman during the period from February 24 to 26, 2025, with the participation of the Minister of Finance, Taif Sami Muhammad, and the Governor of the Central Bank of Iraq,” noting that “the economic performance of Iraq and the prospects for sustainable growth were discussed, amid appreciation for the progress made.”

The statement added, “The discussions, in which experts from the Ministries of Finance, Planning, Oil, Electricity and the Central Bank participated, focused on macroeconomic indicators, where a remarkable growth in non-oil GDP was recorded at 5% for the year 2024, driven by the expansion of the agricultural sector and the increase in public spending, with growth expected to continue at 3.5% in 2025. ”

The mission confirmed, according to the statement, that “these figures reflect an improvement in economic diversification and a reduction in dependence on oil, which enhances the stability of the national economy, in addition to reviewing actual expenditures and expected revenues for the year 2024 and expectations for the year 2025 and how to finance the deficit.”

The statement added that “the meeting discussed updating the public debt strategy with mechanisms that ensure public financial sustainability and enhance investor confidence in government bonds. The IMF also stressed the importance of developing the banking sector to support investments and attract foreign capital, which contributes to creating a more stable financial environment.”

The Fund confirmed, according to the statement, “its support for Iraq in developing financial policies by providing advisors and experts to assist the Ministry of Finance in managing public debt and improving the tax system in line with the requirements of economic growth.”

The statement added, “Within the framework of enhancing financial stability, it was agreed to intensify efforts to expand cooperation with foreign correspondent banks, which facilitates foreign trade financing operations, in addition to enhancing the use of the Iraqi dinar in major transactions, which enhances the strength of the national currency.”

The meetings stressed the continued progress in financial and economic reforms, reflecting the Iraqi government’s commitment to achieving financial sustainability that supports development and stimulates investment, in light of an ongoing strategic partnership with the International Monetary Fund.