MilitiaMan "Straight From the Horse's Mouth" Friday 11-6-2020

KTFA:

MilitiaMan:  A couple things here to take note of.(See articles below)   They are specifically saying they are using modern electronic technologies to pay salaries.

We have been told that the Vote in the Borrowing Law is needed in order to send out text messages in regard to notifications the money is cleared imo..

EFT and or ACH payments can and appear to  have been sent out already, that suggests they are distributing salaries.

That doesn't meant the salaries are cleared yet, though. They'll get a text message electronically all at the same time or at least real close when the money is cleared. They told the citizens to have their receipts to support they have the accurate funds coming to them.

Now the second thing I see is and it is huge imo.. Look at who is going to meet next week. Sunday starts their week. imo.

We have been told the Borrowing law would be set for tomorrow "Saturday". We have been told the committee needs the exchange data prior to the vote.

Also, don't forget that we were also told that if the vote didn't happen, the salaries would get paid regardless, next week.

But, now in the top article the CBI and PFC tell us the story. They are to discuss the deficit law next week. They tell us they are to deal with reducing the money ceiling.

Well, if that doesn't make you smile I don't know what to say.

By raising the exchange rate data, they will be reducing the amount of debt. That is from the CBI.. The horses mouth.. Mr. Ed has spoken!! lol

Lets see what they do next week or in the coming hours even.. lol I bet the text messages will blow up the citizens phones fairly quickly now.. lol  imo!! ~ MM

""The Finance Committee will hold a meeting next week with the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law to the real extent that the government needs in Payroll insurance.

Samson:  A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank for this file

19:54 - 11/05/2020

On Thursday, the Parliamentary Finance Committee revealed an upcoming meeting between it, the Finance Ministry and the Central Bank to discuss the fiscal deficit financing law.

Committee member Shirwan Mirza said in a statement to "the information", "The Finance Committee will hold a meeting next week with the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law to the real extent that the government needs in Payroll insurance.

He added that "the meeting will be followed by the presentation of the law in the House of Representatives for a vote and passage," indicating that "next week the law may be passed completely."

Today, Thursday, the Parliamentary Economic Committee revealed that the government has determined the financial need of the Kurdistan Region by three times its basic need within the fiscal deficit financing law.

The deputy of the Fatah Alliance, Qusay Abbas, confirmed, on Wednesday, that the financial crisis that the country is going through will continue for the next year. LINK

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Samson:  Al-Rafidain Bank: Completion Of The Distribution Of Retirees' Salaries For The Month Of November

6th November, 2020

Al-Rafidain Bank announced that it has completed distributing the salaries of retired civilians and military personnel for the month of November.

The media office of the bank said in a statement that Al-Mustaqila received a copy of it today, Friday, that “the bank has mobilized its capabilities to disburse the salaries of retirees after the arrival of financing and salary lists, and used its modern electronic technologies to raise salaries on the electronic card.”

The statement called on retirees who did not receive their salaries to go to the nearest office to receive their financial dues. LINK