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


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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


    Between the curse of differences and the ceilings of demands .. Where to?

    Rocky
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    • Post n°1

    Between the curse of differences and the ceilings of demands .. Where to? Empty Between the curse of differences and the ceilings of demands .. Where to?

    Post by Rocky Tue 30 Mar 2021, 6:51 am

    [size=35][size=35]Between the curse of differences and the ceilings of demands .. Where to?[/size]
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    2021-03-30 | 03:42
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    Alsumaria News / Baghdad
    The curse of differences and the ceilings of demands continues to cast a shadow over the budget landscape and hinder the vote on it, while a parliamentarian referred to presenting a proposal to adopt an average exchange rate for the dollar against the dinar to settle this controversy, another indicated that if the new exchange rate is fixed in the budget, which is 1450 The price in the local market will jump to more than 1600 dinars against the dollar.


    When will the voting session on the budget be held, the
    representative of the Iraqi coalition, Jasim Al-Bakhati, referred to submitting a proposal on the exchange rate of the dollar against the dinar, including the adoption of an average exchange rate between the old and the new, while the meeting was likely to be held next Wednesday.







    Al-Bukhati said in an interview with Al-Sumaria News, "There are many files that were an obstacle to the issue of settling the budget at last Sunday's session, including those related to the issue of external borrowing, which was received by a large objection from some political forces, in addition to resentment and shock at the deletion of the paragraph related On the issue of the 30,000 job degrees of contract holders in the Popular Mobilization Forces, indicating that "the remarkable increase made the House of Representatives enter into many mazes and the quorum gradually decreased. Therefore, the decision was to continue discussions to solve problems in future sessions."


    Al-Bakhati added, "What we expect will be the next session next Wednesday or Thursday, in which we hope to solve the problems, especially those related to contracts and external borrowing, and go to vote on the budget that has been long overdue," pointing out that "the general trend of the exchange rate issue is the wish of the government." By lowering the exchange rate because of its negative effects and the resulting price hike in the market, especially on vulnerable segments and those with limited incomes. "

    He continued, "A certain mechanism has been proposed and handed over to the Minister of Finance, which is the adoption of an average exchange rate between the old and the new, which ranges between 1300-1350 dinars, so that the harm is less for the citizen and at the same time does not affect the government much, but the government has insistence that the price remains the same according to it. What was mentioned in the economic reform paper, or the so-called white paper, which includes not reducing the exchange rate, "explaining," As for the final point of contention, it is related to the issue of Article 11 of the budget related to the region’s share in the budget and oil exports from the region and the price of a barrel. There are advanced steps that the dialogues have reached awaiting Commitment to implementation during the implementation phase of the agreement if it is passed in the budget. "

    Ambiguity in the budget scene
    For his part, a member of the House of Representatives confirmed [url=https://www.alsumaria.tv/Entity/3332558370/%D8%B9%D8%A7%D9%85%D8%B1 %D8%A7%D9%84%D9%81%D8%A7%D9%8A%D8%B2/ar/]Amer Al-Fayez[/url]In the event that all parties continue to insist on their positions and demands regarding the budget, the scene will remain complex and ambiguous, while he indicated that if the new exchange rate is fixed in the budget, its price in the local market will jump to more than 1600 dinars against the dollar.

    Al-Fayez said in an interview with Alsumaria News, "There are many things and more mines included in the budget, not just the problem of a region’s share.[You must be registered and logged in to see this link.]Among them is the claim of each governorate to its rights, and this is a legitimate matter and a legal right, in addition to the exchange rate of the dollar is also a very important issue considering that it is related to the citizen’s sustenance and everyone complains about the high prices due to the exchange rate, indicating that “some are talking about market stability now that The exchange rate has become 1450, and this matter is not true, considering that there is a conflict over the issue of reducing or not reducing the exchange rate, which made speculators in the market take a rest and wait for the results to be known. "

    Al-Fayez added, "In the event that the amount specified in the budget for the dollar is approved at 1450 dinars, the exchange rate in the local markets jumps the next day to 1600 dinars to the dollar, and perhaps the most harmful to the citizen more and more, and the justifications that led to the increase in the exchange rate have thus been eliminated." There is no reason not to return it to the previous price, and it is a very important issue, "calling on any" government official in the Central Bank or the executive authority to come to the House of Representatives and say frankly and before the MPs and the media about the real reasons for adhering to the new exchange rate. "

    He pointed out that "there are parties keen to pass the budget through consensus, and our vision according to the existing data is that achieving consensus is a difficult matter, and we need to pass the budget by the majority in the event of continued insistence by all parties on their positions and demands, then the scene will remain complex and ambiguous pending what is achieved in the coming days in order to Completion of this stage. "
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