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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    More MilitiaMan Wednesday Night "Budgets" 11-2-2022

    Rocky
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    More MilitiaMan Wednesday Night "Budgets" 11-2-2022 Empty More MilitiaMan Wednesday Night "Budgets" 11-2-2022

    Post by Rocky Thu 03 Nov 2022, 6:36 am

    [size=30]More MilitiaMan Wednesday Night "Budgets" 11-2-2022[/size]
    KTFA:
    Determining the date of the next session of Parliament and its most important expected projects
    2nd November, 2022
    Representative of the State of Law coalition, Muhammad Chihod, announced, on Wednesday, the date of the next parliamentary session, indicating that Parliament is awaiting the completion of the budget in the coming days.
    Chihoud said in a statement to "The Information", "Parliament will resume its session early next week to pass many important service laws, as well as to complete the booth of Muhammad Shia al-Sudani."
     He added that "harmony between the government and parliament during the current session is important and should be exploited in an ideal way to pass controversial laws and end any political conflict."

    He pointed out that "the most important laws expected to arrive in the coming days are the budget," noting that "the budget will be passed smoothly due to the political harmony of the forces of the State Building Alliance."  LINK
    ~~~~~~~~~~
    "In March 2022, MEES forecasted oil revenues for OPEC producers, and even if oil prices averaged $90 per barrel through the end of the year — which given the current situation is the low end — Iraq is expected to earn some $115 billion. This is $20 billion more than its previous annual record of $94 billion in 2012. Baghdad is now boasting about its record-breaking oil export revenues, some $11.44 billion for May alone. Alas, without a budget or legally binding emergency spending legislation, the monies cannot be touched — a true dilemma for the political elites in Baghdad."
    https://www.mei.edu/publications/iraq-once-again-leaps-void-not-political-elites-secure-funding
    ~~~~~~~~~~
    MilitiaMan:  It looks like hindsight with respect to budgets can be very telling.. The direct link above is from June 2022 .
    We know at present, that there were obstacles from the past with respect to the Government and the Budget of 2022 that have been sorted and or are being sorted now.
    It is clear to many and not so much to others, that the 2022 budget had issues and therefore, the Emergency Food Security Law as it is sometimes called or more appropriately the “Food Security and Development Bill,” was activated at a 12/1 ratio for operational items, as noted in the 2021 budget, 2019 FMLA, etc..
    The part that has not yet to be sorted is the second part of the 2022 budget that was for the investment side of things, private sector if you will. Notice in the above paragraph they tell us why.. It is to keep out of the political ELITE's hands (corruption) until the time was right for allocations.
    That time is now, as there is a full government and a "final" session to seal that is in days. Both the Government and "" Budget are to be hand in hand. Just as the Government and the CBI go hand in hand. 
    It is noted that we now see a seated government and now there is talk of an effectively seamless transition to the 2023 budget. However, the above doesn't mention the 2023 budget at all, other articles are talking of the 2023 budget, especially lately.
    The top article mentions a "budget" only.. No time frame to it. Thus, it is my view and a simple deduction, is that there has to be closure for the 2022 budget and it's reconciliation (audited) along with subsequent budgets back through 2003. We know that 2003 - 2021 audits were completed, thus, the 20022 budget would be next, and so on..
    Well the part about the second half of 2022 is key.
    There is likely no way that the CBI or GOI would openly tell you exactly what they are doing. Rules and regulations hinder that sort of thing.
    Thus, the same goes for the parliament.. They will likely only get the data pertinent to the sensitive data within the budget's reconciliation until after the fact.
    Therefore, the data in the 2022 budget reconciliation would only be released by the CBI prior to any release to them for sensitivity issues. As we can see the political harmony for the budget to be passed will be done smoothly they say, as it will likely be the calculations needed for the 2023 budget template they have ready to go imo already, and which is expected to be for the citizens benefit.
     The EFSL and the emphasis from Kahdimi and Al- Sadr is for the citizens.. We shall see if this holds true or even close to it, shortly.. lol
     Imo I bet it is very close to being accurate.. imo Lets see.. I like it.. ~ MM 

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