[size=30]MilitiaMan Thursday PM "Timing is Perfect-IMO" 11-10-2022[/size]
KTFA:MilitiaMan: The agreements they have apparently nothing new. (See article below) The part about the delegation from the Democratic Part to Bahgdad to see the the mechanism for implementing the government program and full filling promises has my attention.
The citizens have been promised purchasing power. Not to mention infrastructure build out, etc.. Well that take a mechanism to do so.
The Kurds are interested in the investment side of the 2022 budget, as is the Oil and Gas Law. I am not sure of what day they are to arrive, however, there is little time left to the estimated time frame they told us about getting the 2022 budget data for the purpose of the 2023 Budget Draft to Parliament and Council of Ministers..
They told us within two weeks from 11/05/2022.. Not on, but, on or before.. imo ~ MM
A leader reveals the agenda of the Kurdish political delegation that will visit Baghdad
11/09/2022 19:47:27
The leader of the Kurdistan Democratic Party, Wafa Muhammad Karim, revealed Wednesday, the agenda of the Kurdish political delegation that will visit Baghdad.
Karim told Al-Furat News that: "There is a visit by a political delegation from the Democratic Party to Baghdad to see the mechanism for implementing the government program and fulfilling the promises made by Prime Minister Muhammad Shaaa Al-Sudani."
He referred to "promises that include political agreements, resolving disputes for the disputed areas, and resolving the oil and gas law file."
Karim added, "The political delegation will discuss a number of issues and points that were agreed upon before." LINK
************
MilitiaMan: The CBI opening a bank internationally with confidence is obviously a mile stone for the bank. An international move that is likely a sign of things to come.. Timing is perfect. imo ~ MM
~~~~~~~~~~~~~~~
The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai
10th November, 2022
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, inaugurated today, Wednesday, the branch of the International Development Bank in the United Arab Emirates / Dubai.
His Excellency said: We feel happy and proud when we see one of our banks occupy a position within the UAE banking sector after obtaining the confidence of the Central Bank of the United Arab Emirates, which is an important event on which we build our hopes for the participation of our banks with this vibrant sector in the sisterly country.
His Excellency wished the bank, its management and employees continued progress and payment.
Central Bank of Iraq Media Office
9/11/2022 LINK
~~~~~~~~~~
The Governor of the Central Bank inaugurates the branch of the International Development Bank in Dubai
9th November, 2022
Wednesday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhif, inaugurated the branch of the International Development Bank in the United Arab Emirates/Dubai
We feel happy and proud when we see one of our banks occupying a position within the UAE banking sector after obtaining the confidence of the Central Bank of the UAE," Makheif said in a statement on the sidelines of the opening
He considered that "the event is important, on which we build hopes that our banks will participate with this vibrant sector in the sister country
He wished the bank, its management and employees continued progress and payment LINK
Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way
10/11/2022 11:02:17
The Governor of the Central Bank of Iraq, Mustafa Ghaleb, announced that the current dollar exchange rate in the country will "be established for years to come."
"We do not intend in any way to prejudice the current exchange rate of the US dollar against the Iraqi dinar," Makheif said in a press statement. He added that "the current price will be fixed for many more years to come."
Prime Minister Muhammad Shiaa al-Sudani said in a press conference on the first of this month that: "The decision to change the exchange rate in the past was not accompanied by protection measures for poor, medium and low-income orders, and this exacerbated the problem and its negative repercussions on citizens."
But he stressed that "this government is committed to implementing laws, as well as to the law of the Central Bank, which authorizes this institution to formulate monetary policy, and the decisions and policies that the Central Bank deems necessary. We will maintain and support the independence of the Bank, as it is the only party concerned with the issue of the exchange rate." LINK
~~~~~~~~~~
"The exchange rate is proven for years" .. Central Bank Governor: politicians' statements will not affect our decisions
10th November, 2022
Today, Thursday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, confirmed that the current price of the dollar will be established for other years to come, and politicians' statements will not affect the bank's decisions
In a statement on the sidelines of his participation in the IBBC Conference for the Development of Economic and Trade Relations and Investments, held in Dubai, Makheif denied that "the bank has an intention to change the current exchange rate of the dollar against the Iraqi dinar
He stressed that “the current price of the dollar will be established for other years to come,” noting that “the statements of government officials, politicians and representatives will not affect the decisions of the Central Bank of Iraq in this regard LINK
~~~~~~~~~~
MilitiaMan: It is in my view that the CB has already made the appropriate calculations to the 2022 budget in the recent past, therefore, the rate has been adjusted and not the same, but different, and it has not been announced just yet.
I recall a comment (paraphrased) by PM Kahdimi when in the dome during a sit in telling the citizens there was a rate change and it is coming.. It had a calming effect.
There are articles (snippets below) that support that this is the case. So, the CBI cleverly tells us they are to fix the exchange rate and it will be fixed for years, while suggesting they do not intend in anyway to prejudice the current exchange rate of the US Dollar (bring harm) against the Iraqi Dinar.
Well that may still hold true in whereas they have appear to have adjusted the exchange rate already within the 2022 investment side of the budget that is yet to be exposed.
Hence, the Kurds are bringing a delegation to see the mechanism that will facilitate the Oil and Gas Law among other government agreements.
So in essence the CBI is telling us in my view that they have already changed the exchange rate and then they are going to fix the exchange rate and it will be fixed for years to come.
We need them to do it and tell us. I look for the exposure of the 2022 / EFSL after the Kurds meet here shortly and prior to the delivery of the reconciled 2022 budget that is expected to be given to the Parliament and COM on or prior to 11/19/2022 per article # 67. 11/05/2022.
All of this is in ink and supported.. jimo.. ~ MM
~~~~~~~~~~
""The Ministry of Planning informed the Ministry of Finance that it will start preparing the budget for the next year," noting that "the 2022 budget that was prepared previously will be changed and amendments will be made to it for many considerations, including changing the situation and the government,""
, "We are currently working in detail, as we communicate with the Ministry of Finance on the details that pertain to the common sides, whether as investment budget items or as loans," noting that "the budget ceilings have not been determined so far.""
"Parliamentary Finance sets the date for the arrival of the budget and its details 5th November, 2022 A member of the Parliamentary Finance Committee, Jamal Kougar, suggested, on Saturday, that the draft budget law will arrive within the next two weeks, indicating that the draft will be different from the laws presented for several reasons.
In a statement to Al-Maalouma, Cougar said, "The draft budget is ready and needs additional details to be in harmony with the current government's program and plans."
He added, "The project is in two parts, including operational, and it is known, and the numbers cannot be tampered with too much, as they pertain to the salaries and allocations of employees and the investment section. Projects, services and job grades can be added according to the government's need."
Cougar pointed out that "the budget will be different due to the presence of the Minister of Finance, Taif Sami, who is the most experienced in managing and implementing the budget at the head of the ministry, as well as Muhammad Shia'a Al-Sudani's ambition to establish service projects."" Post #67 11/05/2022
Today at 7:04 am by Rocky
» utube MM&C 4/16/24 IQD Update - Iraq Dinar - America - Activate - Massive Economic Deals -
Today at 7:02 am by Rocky
» utube MM&c 4/19/24 Iraqi Dinar - Private Sector - Economic Stability - Financial Reform - Al Sudan
Today at 7:01 am by Rocky
» Iraq officially signs the “Singapore” agreement to resolve trade disputes
Today at 6:59 am by Rocky
» Parliament Finance advises raising exchange rates again... What about oil revenues?
Today at 6:55 am by Rocky
» Al-Sudani: Iraq is in the process of recovery and has taken its leading position that attracts work
Today at 6:54 am by Rocky
» Al-Araji: Iraq is prepared to deal with all circumstances and seeks partnership with the United Stat
Today at 6:52 am by Rocky
» Sudanese from Michigan: The government represents all components and is keen to take care of the aff
Today at 6:50 am by Rocky
» Democratic Party: The "new generation" is the most corrupt and has dozens of cases in court
Today at 6:47 am by Rocky
» What is the benefit of Iraq establishing a petrochemical plant in Egypt?!.. An oil expert explains
Today at 6:46 am by Rocky
» A judicial delegation participates in the Permanent International Forum for Commercial Courts in Qat
Today at 6:43 am by Rocky
» Al-Sudani: The government follows a balanced policy that makes Iraq a station for security
Today at 6:42 am by Rocky
» Deduction of 160 million dinars from the salaries of MPs absent from Parliament sessions
Today at 6:40 am by Rocky
» Central Bank: Washington praised Iraq's measures to resolve 80% of the financial transfer file
Today at 5:13 am by Rocky
» Voices of Resilience: Al-Sudani’s frankness embarrasses the White House
Today at 5:12 am by Rocky
» Al-Alaq confirms the formation of a committee between Baghdad and Washington regarding sanctions on
Today at 5:10 am by Rocky
» Former MP: The Democrat will not hand over power after the regional elections
Today at 5:07 am by Rocky
» Document/allocation of 20% of the lands of Al-Jawahiri Complex to employees of the Ministry of Defen
Today at 5:06 am by Rocky
» Al-Hakim: Al-Sudani’s visit to Washington was a protocol and missed the two most important files
Today at 5:05 am by Rocky
» Parliamentary Security: The National Security Service law will be voted on by Parliament soon
Today at 5:04 am by Rocky
» Reconstruction and Housing: Zarbatieh residential project completed by 82%
Today at 5:01 am by Rocky
» Al-Sudani reveals an intention to establish Al-Faw refinery with a capacity of 300 thousand barrels
Today at 5:00 am by Rocky
» Government readiness to move the Doura refinery to an alternative location.. What are the conditions
Today at 4:59 am by Rocky
» Al-Sudani’s visit to Washington.. Implications and results
Today at 4:56 am by Rocky
» Association of Iraqi Private Banks: The suspension of some electronic payment services yesterday was
Today at 4:55 am by Rocky
» Parliamentary memorandum.. Two solutions were before the Federal Court instead of removing the compo
Today at 4:53 am by Rocky
» Blue fuel... Iraqi steps towards inexhaustible wealth for a century
Today at 4:51 am by Rocky
» For fear of being "upset"... MPs "evade" signing to host Al-Sudani in Parliament
Today at 4:50 am by Rocky
» Al-Sudani’s statement to convert 40% of Iraq’s exports into derivatives.. What does it have to do wi
Today at 4:48 am by Rocky
» An Iraqi-American partnership to benefit from oil field gas
Today at 4:46 am by Rocky
» The Minister of Commerce announces the distribution of the first payments of farmers’ dues for the 2
Today at 4:45 am by Rocky
» Sudanese to members of the Iraqi community in the American city of Houston: Iraq has regained its he
Today at 4:43 am by Rocky
» Romanski announces loans worth $50 million to support the Iraqi private sector
Today at 4:42 am by Rocky
» Prime Minister: We plan to invest production capacities for export
Today at 4:41 am by Rocky
» “Something happened” in Iran and no one is talking about Iraq and Syria. This is what we have so far
Today at 4:38 am by Rocky
» Al-Sudani asks the American Baker Institute for assistance in preparing studies related to the oil m
Today at 4:36 am by Rocky
» The Interior Ministry denies the occurrence of explosions inside Iraqi territory and diagnoses “the
Today at 4:35 am by Rocky
» Tensions between Najaf and Baghdad over the airport... the rule of law over “military force” and the
Today at 4:34 am by Rocky
» Al-Sudani from Washington: We agreed with Abu Dhabi on joint management of Al-Faw Port
Today at 4:33 am by Rocky
» "Al-Party" talks about the region's elections and reveals the reason for refusing to pay salaries di
Today at 4:31 am by Rocky
» Russia's oil is taking more of the Middle East's shares in the Indian market.. How much has Iraq los
Today at 4:29 am by Rocky
» Early next month.. Traffic confirms that the electronic payment system is working only
Today at 4:27 am by Rocky
» The Service Council accuses state departments of refraining from disbursing bonuses because of the m
Today at 4:25 am by Rocky
» Electricity: The Baghdad street lighting campaign will be completed before the middle of this year
Today at 4:24 am by Rocky
» Oil poses two conditions for moving the Doura refinery to an alternative location
Today at 4:23 am by Rocky
» The Foreign Minister reveals the truth about his resignation and the reason for his departure to Erb
Today at 4:22 am by Rocky
» Progress: Al-Halbousi’s acquittal has become conclusive, and his return to the presidency of Parliam
Today at 4:20 am by Rocky
» Disagreements strike Al-Maliki's coalition over choosing the governor of Diyala
Today at 4:19 am by Rocky
» The Union accuses Türkiye of exploiting the political situation for a ground incursion into Iraq
Today at 4:18 am by Rocky
» The Democratic Party: Barzani is eagerly awaiting the results of Al-Sudani’s visit to Washington
Today at 4:17 am by Rocky
» Frame: Al-Halbousi in the news and his return has become a pipe dream
Today at 4:16 am by Rocky
» A parliamentary request to capitalize on Erdogan’s visit to Baghdad to end the water crisis
Today at 4:15 am by Rocky
» Al-Sudani urges the US corporation Honeywell to help finish the Basra refinery
Yesterday at 2:48 pm by Rocky
» Al-Sudani Meets with Representatives of Western Media Outlets in Washington
Yesterday at 2:46 pm by Rocky
» Chairman of the Investment Authority signs the United Nations Convention on International Mediation
Yesterday at 2:44 pm by Rocky
» PM: We will sign a contract to establish the Al-Faw refinery with a Chinese company
Yesterday at 2:42 pm by Rocky
» PM arrives in Houston as part of his visit to USA
Yesterday at 2:41 pm by Rocky
» Militia Man & Crew 4/18/24 Bush signed it and all presidents implemented it. Iraq’s funds have been
Yesterday at 1:46 pm by Rocky
» Iraq is close to launching the electronic signature
Yesterday at 7:12 am by Rocky
» The Basra government discusses with an international oil company the implementation of social benefi
Yesterday at 7:11 am by Rocky
» The Prime Minister confirms to an American company: Gas projects in Iraq are a priority for the gove
Yesterday at 7:10 am by Rocky
» The Minister of Planning discusses with the World Bank mechanisms for scheduling external loans
Yesterday at 7:09 am by Rocky
» Oil sets the twenty-seventh of this month as the date for opening contracts for the fifth complement
Yesterday at 7:08 am by Rocky
» “Electronic begging”...professionalism and fabrication of stories” generates millions of dinars dail
Yesterday at 7:05 am by Rocky
» Al-Sudani calls on the American company Hanwell to contribute to the completion of the Basra refiner
Yesterday at 7:03 am by Rocky
» An American company expresses its willingness to establish LED lighting production lines in Iraq
Yesterday at 7:02 am by Rocky
» Including Iraq.. Iran announces the possibility of exporting 300 megawatts of “renewable electricity
Yesterday at 7:01 am by Rocky
» Political forces present two options to find an alternative to Al-Halbousi
Yesterday at 6:58 am by Rocky
» Parliament is awaiting the arrival of the budget schedules and the government is studying higher spe
Yesterday at 6:56 am by Rocky
» The International Monetary Fund adjusts its expectations for the development of the world’s economie
Yesterday at 6:54 am by Rocky
» A representative talks about the difficulty of finalizing the file of “electing the Speaker of Parli
Yesterday at 6:50 am by Rocky
» Work on preparing a law for diplomatic passports
Yesterday at 6:49 am by Rocky
» A female representative accuses the Ministry of Immigration of corruption
Yesterday at 6:47 am by Rocky
» Minister: Solving the Kurdistan salaries problem is the beginning of addressing other disputes betwe
Yesterday at 6:45 am by Rocky
» About 270 million dollars were sold by the Central Bank of Iraq in the currency auction
Yesterday at 6:42 am by Rocky
» The volume of trade exchange between Jordan and Iraq will exceed 800 million dinars in 2023
Yesterday at 6:41 am by Rocky
» Iraq signs memorandums of understanding with American companies in the fields of electricity, oil an
Yesterday at 5:31 am by Rocky
» The American company that manufactures the F16 expresses its readiness to implement the terms of con
Yesterday at 5:30 am by Rocky
» The volume of expected Qatari investments for the Iraq Fund for Development exceeds $3.5 billion
Yesterday at 5:29 am by Rocky
» Decrease in dollar prices in Baghdad and Erbil
Yesterday at 5:27 am by Rocky
» The President of the Region brings together the Kurdish parties to resolve the election file
Yesterday at 5:26 am by Rocky
» Al-Sudani receives in Washington the Chairman of JPMorgan
Yesterday at 5:25 am by Rocky
» Transport is starting to transform its ports into smart ones
Yesterday at 5:23 am by Rocky
» Sudanese reveals the volume of exchange with America
Yesterday at 5:22 am by Rocky
» "Al-Eqtisad News" publishes the memorandums of understanding signed between the Iraqi delegation and
Yesterday at 5:21 am by Rocky
» Al-Sudani urges an American company to contribute to establishing a chemical materials factory
Yesterday at 5:20 am by Rocky
» Iraq stresses the importance of Lockheed Martin's commitment to opening military aircraft maintenanc
Yesterday at 5:19 am by Rocky
» Iraq is on the verge of a “water disaster” by 2035
Yesterday at 5:18 am by Rocky
» Great satisfaction and optimism with the results of Sudanese’s visit to Washington
Yesterday at 5:16 am by Rocky
» Transport is beginning to adopt a plan to transform its ports into smart ones
Yesterday at 5:15 am by Rocky
» Completed 8,000 loan transactions at the Housing Bank
Yesterday at 5:14 am by Rocky
» Prime Minister: We plan to invest production capacities for export
Yesterday at 5:12 am by Rocky
» Transformation and partnership...a new horizon in Iraqi-American relations
Yesterday at 5:10 am by Rocky
» What is new in the economic dimension of the Washington visit?
Yesterday at 5:09 am by Rocky
» Two letters to the future
Yesterday at 5:08 am by Rocky
» National interests first
Yesterday at 5:06 am by Rocky
» Iraqi-American rapprochement...a national necessity
Yesterday at 5:05 am by Rocky
» Al-Sudani’s visit to Washington and the course of Iraqi-American relations
Yesterday at 5:04 am by Rocky
» Sudanese carries security, economic and development files to Washington
Yesterday at 5:03 am by Rocky