"Tidbits from TNT" Monday Morning 11-30-2020

TNT:

Tishwash:  Parliamentary Finance: The "White Paper" proposal to replace the currency requires a lot of money

The Parliamentary Finance Committee confirmed on Monday that the "white paper" submitted by Prime Minister Mustafa Al-Kadhimi includes the proposal to replace the currency, noting that this proposal requires a lot of funds to implement it.

Iraqi Prime Minister Mustafa al-Kadhimi said in June that the government had prepared a "white paper" for the reforms. According to the document, the proposed implementation period is three years from 2021 to 2023.

"The reform paper to address the financial crisis presented by the House of Representatives includes a review of the exchange rate and the possibility of proceeding with the removal of zeros, while adjusting the mechanism for selling the currency and maintaining the hard currency and the exchange rate of the dollar against the Iraqi dinar," committee rapporteur Ahmed Al-Saffar told The Twilight News.

"The implementation of this proposal requires better economic possibility and conditions than the current situation with liquidity for the application," he said, adding that "currency replacement requires a lot of money to print the currency abroad."  link

Tishwash:    Al-Kazemi directs to send the 2021 budget immediately to the Cabinet Secretariat

The General Secretariat of the Council of Ministers announced, on Monday, that the Prime Minister, Mustafa Al-Kazemi, had directed to send the budget immediately to the General Secretariat for the purpose of checking it.

“The Prime Minister directed the Ministries of Finance and Planning to send the budget immediately to the General Secretariat of the Council of Ministers for the purpose of checking it by the legal department in order to allocate an extraordinary session,” said Haider Majeed, a spokesman for the Cabinet Secretariat. To be discussed and referred to the House of Representatives for approval as soon as possible.

Majeed added, "The government and parliament are unanimous on the need to expedite the approval of the 2021 budget."

The deputy of the Al-Fateh Alliance Abbas Al-Atifi confirmed in a previous statement to "the information" that the government of Prime Minister Mustafa Al-Kazemi is not serious about sending the draft federal budget bill for 2021 to the House of Representatives.  link

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Tishwash:  Video: Article 140 is still in dispute despite the constitutional amendments

The Constitutional Amendments Committee, set up by the House of Representatives in 2019 to make amendments to some paragraphs of the constitution, has completed its tasks and is in the process of preparing a report for all the articles agreed to be amended with a view to submitting them to Parliament in the next sessions for a vote, with the exception of Article 140, which is expected to be resolved under the Parliament

The committee, which consists of 18 parliamentarians, the main goal of its work is to expedite the settlement of controversial points, make amendments to the constitution, be careful in studying proposals related to them and follow up on proposals submitted by political blocs or received by citizens through the website and e-mail, especially since these points raise A great sensitivity in the street, and it must be resolved according to what meets its hopes, in addition to being related to the future of the democratic process in the country

A number of deputies expected that the opinions of the political blocs would tend to divide from consensus in light of the deep differences that generate doubts about the ability to reach the stage of voting on the amendment in Parliament, and that there are disagreeing paragraphs within the committee, including the nature of the system, is it presidential or parliamentary, and Article 140 , Power and wealth sharing

While some of the blocs demanded the need to speed up the completion of the discussions and receive the rest of the proposals for the articles that have not been amended, in order for the committee to complete its mission and submit its final report to the Presidency of the Council of Representatives in order to present it to the Iraqi people’s referendum.

And formed Constitutional Amendments Committee According to the parliamentary decree of November 3, 2019, which is the second committee formed with the same purpose after the formation of a similar committee in the Presidency of the Republic.  link

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Tishwash:   URGENT In the document ..Public Prosecution opens an investigation into the currency auction and the validity of its bills

The Public Prosecution opened an investigation regarding the request submitted by the member of the Parliamentary Finance Committee, Muhammad Al-Darraji, regarding the window for selling the currency by the Central Bank and the invalidation of his bills ..

Continue  document translated:

The Legal Division, Rusafa Investigation Court, which is concerned with issues of integrity, money laundering and economic crime, m / legal procedures. Greetings: Attached to you is a copy of the House of Representatives book / the office of a member of the House of Representatives, Mr. Muhammad Sahib Al-Daraji) in the number (20) on 3/11/2020 to see what has been mentioned.  In it, conducting the fundamental investigation, and informing us of your legal measures taken in the case under discussion above, as soon as possible.  with respect .  ۲.  Important c Prosecution opens an investigation into the currency auction and the validity of its bills

 (in the document - Public Prosecutor  Iraq news 20/11/2020 Attachments Photo book Photocopy to -  House of Representatives Office Member of the House of Representatives Mr. Muhammad Saheb Al-Darraji, the respected, your letter above for your kind information with the most appreciation. 

Appreciation The General Prosecutor's headquarters in Rusafa I accompany you with a copy of the book above to follow up and inform us of the result with appreciation. 2 emails here I deleted Important Prosecution opens an investigation into the currency auction and the validity of its bills .. 09 3:15 AM 11/30/2020   link

Tishwash:  Al-Philly reveals shocking details of the currency auction and links it to the salaries of 200,000 employees

Mp Mazen al-Fili, a member of the parliamentary economic and investment committee, on Monday renewed his demand to stop the depletion of hard currency through the currency auction organized by the Central Bank of Iraq, stressing that specific banks belonging to political parties are the biggest beneficiaries of this auction.

"We renew our demand to stop the depletion of hard currency at the auction, in which hundreds of billions of dinars are lost a month as illegal profits acquired by banks around which there are many indications of pure ownership returns or in partnership with influential political actors," Al-Philly said in a statement to Shafq News.

Because of the lack of transparency and clarity in publishing the amount of dollars sold to each bank per day, the available information indicates that some banks earn more than 80 billion dinars a month, he said.

He stressed that this bank alone receives enough monthly salary of 400,000 dinars for more than 200,000 citizens, and if we count the family rate of five people, it is enough to support one million Iraqis per month, and if we collect the profits of the rest of the banks, trillions of dinars will be available annually.

Al-Vili suggested some solutions to this crisis, which is draining public money, that the activity of selling the currency at all stages should be put in the eyes of public opinion and regulatory authorities to prevent manipulation and end illegal profit by banks that are determined to drain public money.

He stressed that the Central Bank should take clear measures by directly selling the dollar to actual traders and citizens without going through intermediary banks that do not offer any development economic activity.

Al-Vili required a profit tax to be calculated in advance to ensure that additional revenue was collected from the sale of the dollar at the currency auction.   link

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Mot:  Alright!!! ~~~ Special Chocolate Tips And Facts!!! ~~~

* If you get melted chocolate all over your hands, you're eating it too slowly.

* Chocolate covered raisins, cherries, orange slices & strawberries all count as fruit, so eat as many as you want.

* Problem: How to get 2 pounds of chocolate home from the store in hot car.

Solution: Eat it in the parking lot.

* Diet tip: Eat a chocolate bar before each meal. It'll take the edge off your appetite and you'll eat less.

* A nice box of chocolates provide your total daily intake of calories in one place. Isn't that handy?

* If you can't eat all your chocolate, it will keep in the freezer. But if you can't eat all your chocolate, it may be a sign of a deeper problem.

* If calories are an issue, store your chocolate on top of the fridge. Calories are afraid of heights, and they will jump out of the chocolate to protect themselves.

* Equal amounts of dark chocolate and white chocolate are a balanced diet.

* Two phrases: Money talks. Chocolate sings.

* The preservatives in Chocolate make you look younger.

* Q. Why is there no such organization as Chocoholics Anonymous?

A. Because no one wants to quit.

* If not for chocolate, there would be no need for control top pantyhose. An entire garment industry would be devastated.

* Put "eat chocolate" at the top of your list of things to do today. That way, at least you'll get one thing done.