DINAR REVALUATION HIGHLIGHTS!!: THE RV IS IMMINENT

The reasons identified...the Parliamentary Finance Committee rules out sending budget tables to Parliament

 The reasons identified...the Parliamentary Finance Committee rules out sending budget tables to Parliament 

6/21/2025

Hussein Mounes, a member of the Iraqi Parliament's Finance Committee, ruled out on Saturday the government's submission of the federal budget schedules, while reviewing the main reasons for this move.

"There are several reasons for the government's exclusion from sending the federal budget schedules to parliament, most notably the financial deficit, unstable financial revenues, the lack of a real economic vision, and the approaching date of the legislative elections," Mounes told Shafaq News Agency. 

He added, "The large deficit in the budget law amounts to 80 trillion dinars, which puts the government in a difficult position due to the lack of a real economic vision for completing the budget tables and submitting them to Parliament." 

Parliamentary Finance Committee member Moeen Al-Kadhimi previously indicated that the budget schedules would likely reach parliament in early July .

Al-Kadhimi told Shafaq News Agency at the time that the Ministry of Finance had completed its observations on the budget law's schedules and submitted them to the Council of Ministers to express the government's opinion on the nature of the budget and the total amount compared to last year, in light of the decline in revenues achieved during the current year .

Al-Kadhimi explained that the Ministry of Finance is preparing the final schedules for the budget law after receiving the government's response to the submitted comments. He noted that the draft 2025 budget law is expected to be referred to the House of Representatives early next month after its approval by the Council of Ministers .

The delay in approving the 2025 federal budget in Iraq threatens financial stability, service and development projects, the disbursement of salaries and benefits, and other repercussions that directly impact the daily lives of Iraqi families, according to observers .

Observers believe the budget has become a "political tool" during election seasons, used as a means of pressure and bargaining between blocs, without regard for the impact of these procrastinations, which have continued for more than half a year .

Legal experts also believe that delaying the disbursement of financial allocations stipulated in the budget law constitutes a form of administrative corruption and opens the way for lawsuits to be filed against entities obstructing the implementation of the law   LINK

TIDBIT FROM CLARE

 Clare  

 Article:   "Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq. " 

Quote: "The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement."

Article: "Al-Nusairi: The Central Bank's policies and procedures have contributed to narrowing the gap between the parallel and official exchange rates."

 Quote: "Economic and banking advisor Samir Al-Nusairi expects the US dollar exchange rate to gradually decline to approach the official exchange rate, in line with the Central Bank's strategy and ongoing measures for comprehensive banking reform"

FRANK26: "Do you think $4.81 is a marker or a chance it could open at that?" #iraqidinar #iraq

 

FRANK26: "NOT YET... INTEL IS VALUABLE"

 KTFA

FRANK26: "NOT YET... INTEL IS VALUABLE"....F26

Reuters: Trump rejected an Israeli plan to assassinate Khamenei.

6/15/2025

 

Reuters quoted US officials on Sunday as saying that US President Donald Trump opposed an Israeli plan to assassinate Iranian Supreme Leader Ali Khamenei.

The agency said, "American officials reported that Trump opposed an Israeli plan to assassinate Iran's Supreme Leader in the past two days."

Reuters also quoted US officials as saying that "President Donald Trump vetoed an Israeli plan in recent days to assassinate Iranian Supreme Leader Ayatollah Ali Khamenei."

She added, quoting a senior US administration official: "Have the Iranians killed an American yet? No. And until they do, we won't even talk about targeting the political leadership."

The Israeli National Security Advisor also confirmed in a press statement that "there is no American veto of an Israeli request to assassinate Khamenei."

Sunday afternoon saw a significant and dangerous escalation in the conflict between Israel and Iran, with a fierce exchange of fire resulting in massive human and material losses.

Iran's Fars News Agency initially reported that the Greater Tehran Police Station had been bombed by Israel, and indicated that Israel had begun targeting civilians.

The agency said in a breaking news report: "We are facing a new and direct Israeli aggression against civilians in the capital, Tehran."

She added, "Sounds of explosions were heard in Tabriz, western Iran," noting that "Israel also targeted a residential building near Keshavarz Street in Tehran."

Reports indicated an "Israeli attack in the city of Arak."

The agency also reported: "Iranian police officers were injured at their headquarters in Tehran in a drone attack."

Israeli missiles also fell near the Iraqi embassy in Tehran, as well as on the street housing the Iranian intelligence building.

Hundreds of Iranians were also observed fleeing away from military headquarters, with video footage showing large numbers of vehicles leaving for safer cities.

LINK

TIDBIT FROM SANDY INGRAM

  Sandy Ingram  

 Iraq is warning oil could go up to a jaw-dropping $300 per barrel because of the Iran-Israel blood storm. 

 I want to be positive but you can tell by the number of microphone in front of the foreign minister [~30 stacked high] this is serious...Iraq is in a state of deep concern.  When Iraq is upset so are investors.

MAJEED: IMF told Iraq Major transaction has to be in DINAR! ‪@DINARREVALUATION‬ #iraqidinarinvestor