"Dancing in the Streets!" More From MilitiaMan and Samson Tuesday PM 5-11-2021
KTFA:
Samson: A Kurdish delegation to visit Baghdad after the Eid .. This will be discussed?
11th May, 2021
The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation's visit to Baghdad.
The deputy of the Patriotic Union of Kurdistan, Shirwan Mirza, said, according to Kurdish media, that "a technical delegation from the Kurdistan region will visit the federal capital, Baghdad, after Eid Al-Fitr, to discuss the mechanism for implementing Article (11) of the budget law for the current year."
Mirza explained, "Article (11) does not stipulate the delivery of crude oil to the Kurdistan region, but rather the establishment of the specified quantity," indicating that "we want to know the mechanism for implementing this paragraph. Will it be calculated by clearing and deducting the oil from the region’s share of the budget and spending the remainder, or depositing in the region, oil sold in a bank account for the benefit of the federal government. He stressed, "The mission of the delegation that will visit Baghdad is to agree on the mechanism for implementing Article 11 of the Federal Budget Law."
The deputy added, "According to the statements of the Federal Prime Minister Mustafa Al-Kazemi, the federal government is about to end the distribution of the sections of exchange included in the budget, including the Kurdistan region, and therefore he announced that the region's dues will soon be sent," explaining that "the region is waiting to send its share of the budget for this month." LINK
MilitiaMan: I imagine they will have a mechanism front and center right after Eid A - Fitr. That is the whole skinny of it. The mechanism, i.e., an exchange rate is or may be calculated based over time and averaging, in some cases, imo.. Regardless the topic is the mechanism and that my friends is a big deal! They want to know what rate at which to calculate now.. imo ~ MM
"An exchange rate mechanism is not a new concept. Historically, most new currencies started as a fixed exchange mechanism that tracked gold or a widely traded commodity. It is loosely based on fixed exchange rate margins, whereby exchange rates fluctuate within certain margins."
"An upper and lower bound interval allows a currency to experience some variability without sacrificing liquidity or drawing additional economic risks. The concept of currency exchange rate mechanisms is also referred to as a semi-pegged currency system."
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How long is Eid Al-Fitr? one to three days
Eid al-Fitr is celebrated for one to three days, depending on the country. It is forbidden to fast on the Day of Eid, and a specific prayer is nominated for this day.
Samson: Source: The ban will be lifted immediately after Eid Al Fitr
13:43 - 11/05/2021
A health source close to the National Health and Safety Committee revealed, on Tuesday, that the committee is discussing lifting the total ban immediately after the end of the Eid Al-Fitr holiday in the event that the number of injuries continues to decrease.
The source said in a statement to "the information", that "the pressures facing the National Health and Safety Committee from citizens and some official bodies regarding the reduction of the ten days announced by the committee for a total ban, as the committee held a meeting yesterday to study these requests."
The source added, "The committee discussed the issue of lifting the total ban and reached a near-final agreement to lift the total ban immediately after the end of the Eid Al-Fitr holiday," indicating that "the committee stipulated that the number of injuries decrease to lift the ban completely."
It was more than an Iraqi governorate yesterday, Monday, requests were submitted to the Health and Safety Committee, demanding that it be excluded from the comprehensive curfew approved by the committee for a period of 10 days. LINK
MilitiaMan: I'll bet once they see the mechanism they'll be dancing in the streets... lol imo ~ MM... me too.. ha!
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Samson: Kurdistan issues a budget law without mentioning its total
11th May, 2021
The Ministry of Finance in the Kurdistan Regional Government announced the approval of the region’s budget bill.
A brief statement of the ministry stated that after eight years 2013-2021, the Minister of Finance and Economy signed the budget of the Kurdistan region and sent to the Council of Ministers of the regional government, without reference to the value of the budget, as its provisions are to be discussed by the Council of Ministers of the region, provided that it is transferred to the Kurdistan Parliament from Order to vote it. LINK
MilitiaMan: Well looky here. Without reference to the value.. MECHANISM, is missing.. lol Well we read that is on the table after Eid Al-Fitr.. They need the mechanism's value!! I like it. Let the feast begin.. imo ~ MM
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Samson: Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region
05/11/2021 18:45:47
The President of the Republic, Barham Salih, today, Tuesday, May 11, 2021, received the Saudi Deputy Defense Minister, His Highness Prince Khalid bin Salman bin Abdulaziz.
According to a statement by the Presidency of the Republic, the Euphrates News Agency received a copy of it today, at the start of the meeting, Prince Khaled conveyed the greetings of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Muhammad bin Salman to the President of the Republic, while Prince Khaled carried his greetings and appreciation to the King and the Crown Prince During the meeting, they reviewed the close fraternal relations between the two brotherly countries and ways to strengthen them.
President Barham Salih stressed the importance of developing relations between the two sides and consolidating cooperation horizons in various fields, working with the agreements and memoranda of understanding signed between the two countries in the fields of security, economy and investment, and strengthening them towards more cooperation and joint coordination in a manner that achieves the interests of the two countries and the two brotherly peoples.
During the meeting, the depth and development of Iraqi-Saudi brotherly relations were praised, and the two countries' keenness to develop close bilateral cooperation and coordination, pointing to the pivotal role of the Kingdom of Saudi Arabia in the Arab and regional regions, and affirming that a secure, stable and sovereign Iraq and close relations with its Arab depth and its Islamic neighborhood is the basis of to consolidate security, stability and development in the region.
For his part, Prince Khaled extended his thanks and appreciation to the President of the Republic, stressing the Kingdom's commitment to supporting the security and stability of Iraq and strengthening the bonds of cooperation between the two countries in the fields of security, economy and investment in the interest of the two brotherly peoples. LINK
MilitiaMan: This is a big deal and it looks like they have agreed on many things. Security and Stability are a couple items, as are the economy and investments.. Oh, I like this.. Bring on the MECHANISM!!! ~ imo ~ MM