Wednesday, December 11, 2024

DINARES: WOLVERINE: Global Fund Launch & Cash Release Codes! @DINARREVALUATION #iraqidinar

Minister Of Communications: We Launched Free Internet Service For Schools, 11 DEC

Minister Of Communications: We Launched Free Internet Service For Schools

Iraqi school Money and business Economy News – Baghdad Minister of Communications Hiyam Al-Yasiri announced on Monday the launch of a free internet service for schools.

Al-Yasiri said in a statement, which was reviewed by "Al-Eqtisad News", that "the Ministry of Communications, represented by the General Company for Communications and Information Technology, has obligated Earthlink, as the largest internet service provider in Iraq, to provide schools with free internet via FTTH optical cable."

She added, "This came in implementation of the National Service Government and the Ministry of Communications program to provide subsidized internet to schools, and to achieve the government's priorities in digital transformation and keeping pace with technological development and the artificial intelligence revolution." Views 46 12/09/2024 https://economy-news.net/content.php?id=50706

DINAR REVALUATION REPORT: It seems that the government really do want to proceed without the House of Representatives, 11 DEC

DINAR REVALUATION REPORT

It seems that the government really do want to proceed without the House of Representatives.

Another article came out about an hour ago where the government were mildly criticizing parliament .

They want to do this without them since they are causing delays ...

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Parliament and government.. a race with the 2025 budget

the 2025 budget schedules in Iraq are witnessing a delay that is causing widespread controversy between the government and parliament, as the government has not yet sent the full details of the budget to the House of Representatives, which has raised concerns among members of the parliamentary finance committee about the deadline for approval.

The statements indicate that the reasons for the delay are related to reviews of financial schedules, especially those related to oil extraction expenses in the Kurdistan Region and the costs of projects funded in 2025.

The Financial Management Law requires the government to submit the general budget to the Council of Representatives 45 days before the beginning of the fiscal year, in order to allow the necessary time to discuss and approve it. Despite the clarity and explicitness of the legal text, no Iraqi government, including the current government, has committed to implementing this entitlement.

Speaking about this file, member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed the existence of legal and constitutional violations by the government in sending the budget law to the House of Representatives.

Al-Karawi said in a statement to Al-Maalouma Agency, "Article 77, paragraph two of the Federal Triennial Budget Law indicated that the government must send the budget tables before the end of the fiscal year," indicating that "the government sent only one amendment to the text of the budget, which is the text of Article 12 related to the costs of extracting oil in the region."

He added, "Not sending the schedules on time is considered a legal and constitutional violation, and if the government proceeds with amendments to the articles, there are many articles that need to be amended and to be fair to many groups," adding, "We recorded all of these observations in the session last Tuesday during the first reading of the amendment to the budget law."

He explained that "his committee is working on re-amending the budget law and sending it to the government to work on general amendments to the law so that it is fair to all segments of society and addresses the problems in the previous budget."

In addition, member of the Parliamentary Finance Committee, Hussein Mounes, revealed that the budget amendments are subject to political amendments, not technical ones.

In a statement to Al-Maalouma Agency, Mounes said, "The government has a point of view in resolving the issues with the region and limiting oil smuggling operations by increasing production costs by $16 per barrel."

He added, "During the discussion of the proposal, we raised several questions: Why was $16 set? Is it a technical or political consensus number?"

He pointed out that "the Parliamentary Finance Committee hosted the concerned parties and they confirmed to us that the issue is political and not technical."

He explained that "the government's proposal is to form an advisory body, and in the event of non-compliance, a committee of consultants will be formed to determine production costs."

He pointed out that "the Finance Committee determined that the amount would be an advance granted to the region and that a settlement would be arranged later."

He added, "There are approximately 256 thousand barrels smuggled daily from the region with OPEC's permission. This file must be closed because it negatively affects government production," stressing that "the Finance Committee has reservations regarding the advances and loans granted to the region."

It is noteworthy that the House of Representatives previously hosted Prime Minister Mohammed Shia Al-Sudani and his deputies, the Minister of Planning, the Minister of Foreign Affairs, and the Minister of Interior, where the amendments to the budget for next year 2025 were discussed.

MAJEED: No auction today due to victory day celebration, THE RATE HAS NOT CHANGED YET!!!#iraqidinar

FRANK26: "DO YOU THINK SUDANI BELIEVES THE LIES & DELAYS?", 11 DEC

KTFA

FRANK26: "DO YOU THINK SUDANI BELIEVES THE LIES & DELAYS?"........F26

Central Bank Governor receives representatives of the Innovation Center at the Dubai International Financial Center

December 08, 2024

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, held a meeting in Baghdad with representatives of the Innovation Center at the Dubai International Financial Center, during which they discussed ways of cooperation in the areas of promoting innovation and entrepreneurship, adopting financial technology, artificial intelligence and advanced infrastructure.

The meeting also reviewed opportunities to support innovation in banking systems and electronic payment solutions, and providing opportunities for emerging companies in these fields to enter Iraqi, regional and global markets.

The meeting addressed the development of training programs to build Iraqi capacities to keep pace with global developments, enhance regulatory cooperation and adopt the best standards in the fields of financial technology and banking technology. The two parties also discussed strengthening partnerships between the financial and banking sector, emerging companies and investors, in addition to interacting with universities and various institutions to support the next generation of Iraqi entrepreneurs.

They expressed their commitment to developing partnerships that contribute to achieving the vision of the Central Bank of Iraq in building a digital economic system and a comprehensive financial system based on technology and innovation.

Central Bank of Iraq
Media Office

https://cbi.iq/news/view/2729

SANDY INGRAM CC HIGHLIGHTS NOTES, 11 DEC

SANDY INGRAM CC HIGHLIGHTS NOTES

Summary

Urgent reports suggest possible regime change in Iraq amid rising tensions, political instability, and financial maneuvers by militant leaders.

Highlights

🚨 Regime Change Rumors: Speculation about replacing Iraq’s current government has intensified.
📈 Political Discontent: Many Iraqis are dissatisfied with the prime minister and Iran-backed parliament.
⚔️ Regional Tensions: The ongoing Israeli conflict raises fears of spillover violence in Iraq.
💸 Financial Maneuvers: Militants are withdrawing cash and investing in gold and real estate to safeguard assets.
🏛️ Potential Leadership: Dr. Jamal Mustafa, Saddam Hussein’s son-in-law, is seen as a possible future leader.
🎭 Public Commentary: Comedian Al Bashar’s predictions about the regime’s downfall spark nationwide debate.
🔍 Uncertain Future: Analysts caution that Israeli strikes could lead to government collapse amidst growing instability.

Key Insights

⚠️ Rising Political Instability: The dissatisfaction among the Iraqi populace with the current regime indicates a brewing crisis that could lead to significant shifts in power dynamics. As public sentiment grows against the government, the potential for a regime change increases, putting pressure on political leaders to adapt or face consequences.
🌍 Geopolitical Implications: The ongoing conflict in the region, particularly involving Israel and its neighboring countries, could have profound effects on Iraq. The fear of spillover violence suggests that Iraq’s stability is heavily influenced by external factors, which complicates the political landscape.
💰 Financial Precautions by Militants: The shift of funds into gold and real estate signifies a strategic move by militant leaders to protect their wealth. This behavior reflects a deeper anxiety regarding potential financial repercussions and sanctions, especially with the looming possibility of a Trump presidency.
🔄 Emerging Leadership Figures: Dr. Jamal Mustafa’s discussions about a return to power showcase a potential shift in leadership narratives within Iraq. His connection to Saddam Hussein positions him uniquely, suggesting that historical legacies may influence future governance.
🎭 Public Discourse and Influence: Comedian Al Bashar’s remarks resonate with a population eager for change, highlighting how public figures can shape political discourse and influence perceptions of leadership. His predictions of the regime’s end fuel public curiosity and debate, indicating a collective desire for transformation.
⚔️ Risk of Military Conflict: The warning from Iran about potential Israeli strikes underscores the precarious situation in Iraq. The government’s inability to manage militant actions poses risks not only to national security but also to its political stability, as external military interventions could trigger widespread unrest.
⏳ Evolving Situation: The current events in Iraq reveal a nation at a crossroads, where political, economic, and social factors align to create an atmosphere ripe for change. The unfolding situation calls for close observation by both Iraqi citizens and international investors, as the outcomes could redefine Iraq’s future trajectory..

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