Tuesday, June 17, 2025
Parliamentary Finance: The government is determined to prepare the financial budget schedules.
Parliamentary Finance: The government is determined to prepare the financial budget schedules.
The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.
Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."
He added, "The government is determined to prepare budget schedules in line with the current financial reality, given the increase in operating spending and the need for investment spending to finance projects. We look forward to the budget being presented to the House of Representatives in the coming days."
Al-Atwani pointed out that "the government is keen to secure salaries despite the annual financial deficit," noting that "the government is taking serious steps to provide alternatives to financing the budget other than oil to ensure additional resources." link
MNT GOAT: They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”
Mnt Goat
The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. ...
I keep telling you the value is already in the dinar...If you go back to 1990 it was over $3 and...look at all the progress since. But the standards for currency valuations have changed. Basel I-IV changed all of it.
Why isn’t it at least at $3 now?
...this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past!
They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from.
Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners
MP: SIX MONTHS HAVE PASSED AND THE BUDGET SCHEDULES HAVE NOT YET REACHED PARLIAMENT
MP: SIX MONTHS HAVE PASSED AND THE BUDGET SCHEDULES HAVE NOT YET REACHED PARLIAMENT
Member of Parliament Yasser Hashem expressed his surprise on Wednesday at the government’s delay in submitting detailed schedules for the 2025 general budget law to Parliament, despite six months having passed since the beginning of the year. He stressed that “there is no justification for this delay.”
Hashem told Al-Maalouma News Agency, “The 2025 budget schedules should have reached the House of Representatives earlier this year, especially after the adoption of the three-year budget to overcome annual financial complications.”
He added that “the delay in submitting the schedules reflects a flaw in the government’s performance and directly impacts the work of ministries and institutions that rely on the operating budget,” noting that “many projects and financial commitments are on hold pending the approval of these schedules.”
Hashem continued, saying, “Despite the passage of half a year, the government is still late in submitting detailed schedules without offering convincing explanations,” stressing that “the negligence lies with the executive authorities, not with Parliament, which cannot proceed without receiving the necessary data from the government.”
MAJEED: announced on TV Iraq is free from terrorism
MAJEED
announced on TV
Iraq is free from terrorism.
Iraqi officials, PMF militia members and militia leaders left Iraq with their families for fear of Israeli strikes on Iraq.
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