KTFA:

Frank26:   "THANK YOU MILITIA-MAN  & PETRA"........F26

FROM MM & PETRA:

The Ministry of Finance issued, on Tuesday, a new procedure regarding the salaries of state employees for the month of December.

An informed source said in an interview with Mawazine News that "the salaries of employees will be disbursed for the month of 12, starting from 12-16-2021.

Petra: This article is very interesting as it is creating an "out of pattern" program by the CBI. First, the article states "A New Procedure"...well what is that, digital payments (E-Dinar)?? A new payment protocol/procedure? we don't know...but is sure interesting to say the least.

Petra:  The second part includes a date of 12/16/21...again, out of pattern from "ALL" previous payment programs. In fact, they typically pay the last Thursday of the month, and sometimes as we are all aware...really LATE!!

So, in this one article we have 2 OOP (Out of Pattern) situations. Good stuff!!!

 Now, POST 98 shows us a formal date for the celebration of the Centenary of Iraq. This is a HUGE event and I am sure there is an agenda they have to review the last 100 years I would imagine, similar to the historical perspective on notes the CBI has been educating in the past, using the old notes to teach the process for the new notes. So, if they are going to speak about the past....you can darn well expect them to speak on the future!!!

Wouldn't we all love to know that agenda!!! Clearly, both these articles are indicative of OOP activities that are beyond "interesting" and again, are more items of interest on the "internal" process for sure.

 Good catch SG and clearly things are happening quickly as the new IRAQ emerges on the international landscape. But as to comments made on last nights CC....it is clear the trajectory and elevation of the initiatives being carried out by the CBI are well underway....STAY THE COURSE!!!! ALL imo....PETRA

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MilitiaMan: The CBI opening digital communications with the GoV? Tells me that there is public data to support satellite banks around the world. Next weeks call might be Revolutionary Times.. lol… Seriously, revolutionary!!... Did anyone besides a few of us think about the old notes being re shown for purpose? The colors? The symbols? The repeat of ancient days.. Militia-Man

Petra:  And the denominations. The old notes were 1's, 5's, 10's, etc. Sound familiar??? PETRA

MilitiaMan:  Yesterday we talked about digitization. They linked Cbi to government The CBI has the money. Militia-Man

Petra:  MM, if I may opine. Post 87 states they will be paying with a "new procedure!!!''
Let that sink in a little!! PETRA

MilitiaMan:  UAE is to align to western weekends. Militia-Man   

Petra:  SAMSON POST #87 The Ministry of Finance issued, on Tuesday, a new procedure regarding the salaries of state employees for the month of December. Does that not require a change? As MM stated, "digital from CBI to Government"...payroll! PETRA

MilitiaMan:  Of auditing the final a counts. The already have imo. Frank says education and exchange rate in 2021 imo ..Militia-Man

Petra: You bet they have and feel comfortable enough to "Level" the books by the 16th!!!! PETRA

MilitiaMan:  They didn’t bring up 2021 budget and recall 2013 / 2014 to be audited!! Militia-Man

Petra:  My reference to "level the books" was in reference to MM's comment...the books are already done!!! IMO.. PETRA

MilitiaMan:  They have to be down by now.. There is data out that is in the forum that supports the budget from the past may have been sorted, if it wasn’t why bring it up? Militia-Man

Petra:  Parliament passed the 2021 budget early this year. 2013/2014 would have already been done!!! Second set of books has already reviewed and cleared all previous budgets IMO.... PETRA

MilitiaMan:  I’ll venture to show my view on it tomorrow.. But you all have at it. The last paragraph shows what I say to be very interesting.. Militia-Man

Al-Kazemi’s advisor determines the mechanism for resolving the final accounts and its relationship to the 2021 budget link

Today, Tuesday,

Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, determined the mechanism for resolving the final accounts and its relationship to the general 2021 budget in the country, while noting that the approval of the series of final accounts depends on the role of the next parliament . Saleh told the Iraqi News Agency (INA):

"It is possible for the final accounts related to the country's budgets to go back to previous years until 2020, and be audited by the Federal Financial Supervision Bureau, which will give its opinion on the annual final account."

He added: "The House of Representatives must vote on the final accounts for 2013 and the budget (the reality of the situation) for the year 2014, which represents the actual and presented expenditures, and then the rest of the final accounts can be presented to the Council of Ministers successively in order to submit them to the House of Representatives for approval in accordance with the constitution and the financial management law in force." .

He pointed out that "the expenses and expenditures are prepared within the control work of the Federal Oversight Bureau, but the process of approving them with the observations made by the Bureau in its report must be presented successively to the House of Representatives."

He continued, "In 2020, there was a budget (status) of expenditures and revenues, which necessitated its submission by a separate law as a general budget and a final account at the same time," noting that "all of this depends on the role of the next parliament in approving the series of final accounts completed auditing by the Audit Bureau.

Federal Finance. He pointed out that "we cannot express final accounts for the fiscal year 2021 when it is completed at the end of this December, unless the House of Representatives approves a series of final accounts year by year, successively, starting from 2013 and upward….. we cannot express final accounts for the fiscal year 2021 when it is completed at the end of this December, unless the House of Representatives approves a series of final accounts year by year, successively, starting from 2013 and upward…

MilitiaMan:The FMLA is sorted. It was done in 2019 imo. They imo are saying we have to sort something that if sorted is not an issue. It has been many years.. Imo it is sorted. Militia-Man

Petra:  Agreed, and the 2019 FML is included in the 2021 budget (which never opened as it had the rate in it!!)…. Data tells all.... PETRA

MilitiaMan:  They have the data to support a change as needed! Imo. It made an avenue for the 2013-2014 to be audited years ago!!!

Imo…… Representatives." He continued, "In 2020, there was a budget (status) of expenditures and revenues, which necessitated its submission by a separate law as a general budget and a final account at the same time," noting that "all of this depends on the role of the next parliament in approving the series of final accounts completed auditing by the Audit Bureau.

 Federal Finance. He pointed out that "we cannot express final accounts for the fiscal year 2021 when it is completed at the end of this December, unless the House of Representatives approves a series of final accounts year by year, successively, starting from 2013 and upward.

MilitiaMan:  Read that above closely. Years and years in the making!!!  

He continued, "In 2020, there was a budget (status) of expenditures and revenues, which necessitated its submission by a separate law as a general budget and a final account at the same time,"…. In 2020. Militia-Man

Petra:  Which means.....the final accounting was done!!! PETRA

MilitiaMan:  He pointed out that "we cannot express final accounts for the fiscal year 2021 when it is completed at the end of this December, unless.. Unless!!!!.. unless the House of Representatives approves a series of final accounts year by year, successively, starting from 2013 and upward… 

They didn’t think about starting the audit yesterday!!! Lol.. Again they have been at the process and have had the 2013 - 2014 on the books to be sorted and for huge reasons!! Claw back anyone? Lol Militia-Man

Petra:  So what did the IMF, WB, WTO be doing if the books were not finalized????... That's what audits are all about....where did all the money go!! LOL... PETRA

MilitiaMan:  They have laws in place… In my view there is nothing that needs to be approved from the way I read the article.. they imo are suggesting since 2013-2014 had been so important that they have openly mentioned it again… They use the data to be somewhat vague. it is not their job to spell it out specifically.. imo. But they do. Imo Militia-Man

Petra:  For a purpose! To advertise the length and breadth they have gone to insure SUCCESS for the citizens and the government of Iraq to move the country forward with the WP's, the Budget, and of course...the new rate. Not only for the citizens to appreciate but also for the international world to see the extent of backlog research and validation done to impact positively the budget and its future!!!! PETRA

MilitiaMan:  The Centenary was moved out to Saturday.. The Ishtar Star, the Palms, the Iraqi flag, all are symbols on Iraqi currency.. Militia-Man

Petra:  Those are all "historical" and powerful representations to the Iraqi people. Solidarity expressed on the currency!! PETRA

MilitiaMan:  The budgets imo have been audited.. No more approval needed.. imo Antiquities Value.. Digitization... Borders, Customs, Fees, are all components in the valuation of Iraq.. it is not only oil.. There is even natural gas, sulfur, phosphates, etc.. Militia-Man

Petra:  Studying together allows for "Group Think" raising all our collective understanding of what has happened in the past and what is coming in the future!!! PETRA