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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


4 posters

MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021

rocky
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Post by rocky Thu 18 Mar 2021, 10:30 am

[size=30]MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021[/size]
KTFA:
MilitiaMan:  So lets take a peek at something.. There is talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable.
So to have it resolved means they have already decided the exchange rate.
They have agreed to not only this month but last month were okay with 21-50% deductions in pay.. All projects are stalled until the exposure of the rate.. imo..
This data supports we are all in a good place.. Note the below on the 11th and then further down on 17th.. There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss.
 Gear up it is getting real!!! ~...imo... ~ MM

288 Policy 03/2021/11 19:43 
Dad Today- Special
Today, Thursday, March 11, 2021, a member of the Parliamentary Finance Committee, Jamal Cougar, confirmed that the Federal Budget Law for 2021 cannot be passed partially in response to the requests to vote on the budget with the postponement of resolving the exchange rate paragraph and Kurdistan’s share in it until final agreement regarding them.
Cougar said in an interview with him (Baghdad Today), “Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible.”
MilitiaMan:  (Careful on this part.They know that it would be impossible without the new exchange rate. imo ~ MM)
He added that “the exchange rate of the dollar is decided and the House of Representatives does not have any authority to pass it,” noting that “the budget cannot be passed without deducting the share of the Kurdistan region in it.”  
MilitiaMan:   Well they decided on the exchange rate. imo ~MM
Member of Parliament, Asaad Al-Morshedy, confirmed yesterday, Wednesday, that the session of the House of Representatives set for next Monday to put forward the budget bill for 2021 will be decisive, given that the only victim is the citizen from the delay in passing the budget.
Al-Morshidi said in an interview with (Baghdad Today), “The budget is ready for voting and the parliamentary finances have sent the bill to the Presidency in order to put it to vote next Monday.”
MilitiaMan:  (That was last Monday. imo~ MM)
He added that “political differences between Baghdad and Erbil were behind the delay in approving the draft budget, and therefore it is inevitable to pass it in the next parliament session.”
And that “all economic projects are stalled in the country because of the delay in approving the budget, so the Iraqi citizen is the only one affected by what is happening,” stressing that “the dismissal will be said to Parliament regarding the passing of the budget.”
And that “all economic projects are stalled in the country because of the delay in approving the budget, so the Iraqi citizen is the only one affected by what is happening,” stressing that “the dismissal will be said to Parliament regarding the passing of the budget.” Link
 ************
LINK
Kurdistan announces the date of salary disbursement, with a deduction of 21% for employees
17th March, 2021
The Ministry of Finance in the Kurdistan Regional Government announced today, Wednesday, the date for the salaries of employees for the current month of March, confirming that the distribution mechanism will be the same as it was last month.
The Ministry of Finance in the Kurdistan Regional Government said in a statement: The salaries of employees for the current month of March will be distributed as of Thursday 3/25/2021. The statement added: The distribution mechanism will be as it was last month, with a deduction of 21% for employees and 50% for special grades. 
The Ministry of Finance distributes the employees’ salaries according to the deduction system, and every month the Ministry of Health becomes the first ministry to receive the salaries of its employees

LINK
Kurdistan announces the date of distributing employees' salaries while keeping the deductions
11:59 - 17/03/2021 The Ministry of Finance and Economy of the Kurdistan Regional Government announced, on Wednesday, the date for the distribution of salaries of employees in the region.

The ministry said, in a brief statement, which it had seen "the information", that it "will start distributing the salaries of Kurdistan employees on the 25th of this March, using the same mechanism last month."

On the other hand, a source in the ministry revealed that the salaries of employees will be distributed according to a deduction rate of up to 21% on the salaries of employees.

The source said in a statement to Al-Maaloumah, that “despite the availability of financial liquidity, the regional government maintained the deduction rate for this month, pending the results of negotiations to stabilize the region’s share in the budget.

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Diamond
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MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021 Empty Re: MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021

Post by Diamond Thu 18 Mar 2021, 1:45 pm

MM,generally makes good sense, i like him  thumbs

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weslin3
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Post by weslin3 Thu 18 Mar 2021, 6:45 pm

@Diamond wrote:MM,generally makes good sense, i like him  thumbs
I agree with you on that...

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weslin3
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Post by weslin3 Thu 18 Mar 2021, 6:55 pm

Wonder if there is anything to the CBI maintaining less than 2% spread between the dinar's official rate and the market rate? If so it started in around Dec 20th and is getting close to fulfilling  [b]the IMF's 2% for 90 day rule. They did that before and messed up. [/b]

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brian
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MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021 Empty Re: MilitiaMan: "Gear Up-It's Getting Real!" Wednesday Night 3-17-2021

Post by brian Fri 19 Mar 2021, 7:22 am

Good point Weslin

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