KTFA:

Samson:  Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally

05/30/2022 11:53:33

The Undersecretary of the Ministry of Commerce, Sattar Al-Jabri, visited Najaf Governorate and met with religious references, Grand Ayatollah Sheikh Muhammad Ishaq Al-Fayyad and Grand Ayatollah Sheikh Bashir Al-Najafi at their residence.

Al-Jabri said in a statement that Al-Furat News Agency received a copy of, that "the visit comes to emphasize the main role of the religious authority in society and the need to inform it of the important files that pertain to the people, including the file of food security and the ration quota for the purpose of evaluating default and working with transparency, as well as discussing the repercussions of the war." The Russian-Ukrainian and its cause of high prices globally, including prices in Iraq." 

The Undersecretary of the Ministry of Commerce indicated that he "discussed with religious references the most important challenges facing the country in the current period and the need to close ranks and end the political problems that stand in the way of providing the ministries' needs and obstructing work and providing services to citizens."

Al-Jabri indicated that "the meeting also witnessed an explanation of the ministry's work and a discussion of the general situation in the country and issues related to the commercial sector, stressing the importance of expediting the approval of the budget to meet the needs of citizens and provide strategic food stocks."

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MilitiaMan:  Again there is a focus on the importance of the 2022 Budget to meet the needs of the Citizens. We know by the CBI financial records they have already printed currency to work with the new exchange rate. imo. ~ MM

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TIVON:  This article is a banger for several reasons. One major one coming from an advisor from Al-Kazemi when he mentioned that the two legislative laws that have a right to use the savings/reserves was the Food Security Law & 2022 Budget Law.

 On top of that he also stated that the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching "Full Coverage" 😀 of hard currency reserves in light of the current exchange rate." Do you know how heavy this statement is? I wonder why no one has commented on this revelation.

Listen, especially to this one particular gentleman Al-Zamili working on behalf of the citizens and not partisan self serving oligarchs when he officially stated that work in the legislative body continues without any disruption regardless of what is going on with the political impasse.

They are still voting/passing laws. So keep in mind that the Food Security Law has legal privileges to exploit reserves just as the budget Law does. And if the two are synonymous and we know the budget needs a rate to be operational to allocate funds to departments, projects, and agriculture. Wouldn't that mean the same for the FSL? Food, Poor Classes, and Investments were/are the three major areas where the surplus from oil was going to be spent on.

Mazhar also mentioned  that "the reserves also have a function in the process of financing foreign trade, which is related to development through the import of production means and supplies that will revive economic development." These reserves maintain the "Purchasing Power" of individuals, as it preserves the real income of the individual from fluctuations in the event of the deterioration of the dinar.

Come on people it doesn't get any better than this. All of these statements are only a couple or few days old.  IMO

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MilitiaMan:  Absolutely is a big deal. They have the reserves and in my view it is well over 90 billion they have suggested which is far more than needed to expose the new exchange rate.

The Food Security Law and 2022 Budget Law are synonymous and yes they both need the rate just as the Oil and Gas Law.. They are all interlinked and will be used in conjunction with the renaissance that is about to explode.

All of the above are inclusive to the rate not only based of oil. The taxes, tariffs, fees, customs, tourism, Liquid Natural Gas, mining, etc, all will be apart of the Non - Oil GDP to support the exchange rate and private sector build out. imo  ~MM

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Zeeman:  i am confused can you explain. you just said you thought the food law and budget was in the bag. but there is an atricle 91 that says the state of law will not pass this and secondly how can the budget be approved with the care taker gov with no end in sight between malaki/iran and sadr? thanks in advance  

TIVON:  When you look into the fine print of the article you will notice that they don't even make an attempt to clarify their point about the Food Security Law that was rejected by the courts that was a Draft Law that has since then been amended and passed a 1st Reading on that law in which the 2nd/3rd Reading is supposed to happen this Tuesday.

 Pay attention to things that disregard one thing because of another political opponents influence on that said thing which would be who & what?

Al-Sadr and his support for the Food Security Law that his enemies or obstructing parties do not want passed because of outside forces that continue to undermine the sovereignty of Iraq because they do not want citizens having purchasing power that will come from the Oil & Gas Law through the Federal Court which also have opponents in it that do not want to see a prosperous Iraq.

The Federal Court has not challenged the alternative Food Security Law. Big difference that this article does not mention for obvious reasons. Every article posted here is not in the intrest of Iraq. But it's good that they are because we get to see who's for and against the people. These people would be the Zionist/Khazarian/Cabal.  IMO

Quote: The statement added, "The oil and gas law in the region seems to have become a source of threat to the economic and political interests of some neighboring countries, which do not want the best for it and for Iraq, which prompted them to stand against this law through influential parties in the federal authorities that follow the policies of these countries."  End quote

TIVON:  Remember we have artist of confusion in Iraq who are hell bent on muddying the waters. They purposely left out information to make it appear that the current Food Security Law on the table tomorrow for Parliament was the one revoked by the Supreme Federal Court. Which is a total lie. Take those names down so you know who to look for to cause issues. They knew better and still proceeded to publish that article when we are well passed that event that happened 3+ weeks ago.

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Tivon:  Things are wrapping up in terms of meetings and laws being passed that help uproot the corrupt bodies who stand in the way.

Some of them work for the Federal Government. Some work for Parliament. Some work in the Banking sector. Which is why you can not take every article at face value until you compiled enough to form a cohesive opion that underwrite the succession of actions formed that brought about events that has are will bring us closer to what we want.

And this week is powerful in regards to that. Especially the next session coming up hours from now. So expect even more news of prominence to come out. Especially when you see names like Al- Zamili, Mazhar, Al-Kazemi, Al-Sadr, and a few others including the governor of the CBI.   IMO