Dinar Recaps

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More News, Rumors and Opinions Sunday PM 6-11-2023

KTFA:

The first of its kind.. The President of the Republic arrives in Italy on a visit that takes days

The President of the Republic, Abdul Latif Jamal Rashid, arrived today, Sunday, in Italy, on a state visit that will last for several days, in response to an official invitation from the President of the Italian Republic, Sergio Mattarella.

The Presidency of the Republic said that it is "the first state visit to an Iraqi president, and the President is accompanied by First Lady Shanaz Ibrahim Ahmed, and a number of ministers and officials in the Presidency of the Republic."   linj

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CandyKissses:  A short break for parliament after passing about 20 articles of the budget code

Shafaq News / The Iraqi Council of Representatives passed, on Sunday evening, about twenty articles of the Federal Budget Law for the years 2023, 2024,2025, before taking a half-hour break, provided that the vote is completed.

The parliament has so far postponed the passage of Articles 15, 16, 17, 42, 43, 50 of the whole law, and voted on Articles 43 to Article 63, to complete the rest after his break, said the reporter from the parliament building.

He added that the Finance Committee will conduct further deliberations on the remaining controversial articles, leading to their presentation to the vote, including Article 64, which is awaiting a vote.

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A new evening in the Iraqi parliament sponsored by the budget, and two obstacles by passing

Shafaq News / On Sunday, the Iraqi Council of Representatives resumed its session to vote on the remaining articles of the budget law for the years 2023,2024,2025, which entered its fourth day of deliberations and which continued until the early hours of dawn.

Yesterday, the Iraqi parliament passed the controversial article 14, concerning the share of the Kurdistan Region, which has before it about 30 articles out of 67 proven by law, unlike items added during deliberations.

A parliamentary source told Shafaq News that a preliminary understanding was obtained between the deputies to pass the remaining articles in today's session, except for articles 15 and 42 of the budget law.

He added that Article 15 provides for the suspension of appointments in ministries and departments of the state for three years, and this is rejected by many members of parliament, while Article 42 refers to the imposition of taxes and fees on local and imported gasoline and on every traveler through Iraqi airports.

He pointed out that the Parliamentary Finance Committee is working to reach a formula for a solution to the two articles, which will either be rejected or amended in order to resolve the matter in today's session.

On March 13, the Iraqi Council of Ministers approved this year's draft budget law 2024 and 2025, and referred it to the House of Representatives "Parliament" for ratification.

The value of this year's budget is 197 trillion and 828 billion Iraqi dinars, (about 152.2 billion dollars), with a total deficit of 63 trillion dinars ($48.3 billion), while the budget items of 2023 and 2024 were not published.

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Courtesy of Dinar Guru

Walkingstick  [via Frank26]   [New Iraqi ATMs update]  They're there.  They're inside the banks and they're outside the banks on the wall and they're strategically located all over.  There's a bulletin/piece of paper/an announcement that's on the ATMs it says, 'These ATMs are not active right now but you will be using them very soon citizens of Iraq.'  ...My understanding is all the ATMs are to be loaded with a different currency before mid-month.  I have to leave it that right now.

Frank26   Who cares about the budget.  I care about when that budget is open, what it's going to do...this is amazing what's going on with the monetary and economic reform...The budget is not an issue.  IMO the budget is done but it's not official, signed released yet so okay it's not 'done'.  Fine.  But I got a feeling tomorrow [Sunday] they're gonna make a big deal about this budget...

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MARKETS A LOOK AHEAD: Another MAJOR CRISIS is Coming... COUNT ON IT!

Greg Mannarino:  6-11-2023

https://www.youtube.com/watch?v=vziacC0xtdQ

BRICS in Cape Town : Wants More African Nations to Join

Ashley in Afrika:  6-11-2023

https://www.youtube.com/watch?v=AlarfalQojo

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