KTFA:

Samson:  In The Document.. The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar

23rd June, 2022

Translation ......

Greetings... Based on Article (61 Seventh-c) of the Iraqi constitution and Article (56) of the internal system, please include the issue of reducing the price of the dollar in the earliest possible session, according to constitutional reasons, and because of the economic repercussions that are taking place in the country and the collapse of the currency and its impact on  Iraqi citizen.  

With much thanks and appreciation.   LINK

Tivon:  Does anything else have to be added? And people thought today was going to be a slow burn into another day where things seem to dissipate into the air without any clear signs about where we are hoping the political impasse would clarify things that doesn't even require a formation of anything other then what is already ready for reinstatement.

Tivon Cont…..I told you all yesterday I will die on the hill I climbed that allowed me to get the vantage point I have that has guided me up until this point where I am along with Petra & Militia-Man being validated on a continous basis when we say the provisions in the EFSL can not happen without a rate change.

And what are we looking at today? Are you all ready? Are you prepared to enter a new economy class? Do you have your affairs in order? You are at the doorstep of brand new opportunities you never had before. Be thankful that God brought you this far. You are here now.

Take a break, and go do some follow ups on things that will help you achieve all of your goals. Research and plan your next move. You can't go any farther in this investment at this point. Nothing new can be added to this study.

You did a good job. Pat yourself on the back. Be proud of the fact that you stuck it out despite the set backs, delays, and postponements. It doesn't matter anymore at this stage. You made it. Doesn't it feel good that you were lead to this part of your investment where things actually started to make sense once this EFSL was explained and expanded upon once you understood it's roll?

How long has it been since you had such clarity that remained this consistent this long that is leading you to a real conclusion? You are not being jerked around anymore. You are not lost anymore. No one can take what has been presented to you for the past few months. Why? Well read the article.

 We are just about over the hill now. Congrats. IMO

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Ferrariman:  MO.....by law, the 15 days since EFSL was passed( but no signature by President nor entered into Gazette) AUTOMATICALLY becomes law..correct or not?

GodLover:  Theoretically yes. Iraqietically (new word lol) maybe.

JamieO:  IMO... YES It becomes law.  But it needs to be announced in the Gazette before it can be implemented.

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DeepWoodz:  Imo    Some facts that don’t rely on ego or desperation.

***ATM’s, ATM’s, ATM’s

***New currency given to CBE Governor to view, touch, and go “Would you look at that!!”.

***A law has been passed by THIS government that is synonymous with the general budget in some special way.(EFSL)

***This years budget that Allawi said is nothing like last years. 

“ Allawi pointed out that "the economic outlook in which the government deals according to the budget law for the year 2021 and cannot be continued because our vision differs for 2022."

 ***We know they have completed the budget and raised the price of oil to $90 a barrel. 

"The general budget for 2022 was prepared by the Ministry of Finance last March, according to calculating the price of a barrel of oil at $60, with a total amount of up to 150 trillion, as it may include a small part of the borrowing," he added, noting that "there are amendments that will be made to the law according to recent changes and the rise in oil prices."

“The Ministry of Finance announced that the draft budget law for the year 2022 includes securing 51 trillion dinars to finance ongoing and new projects, confirming the adoption of the price of a barrel of oil at $90 a barrel in the budget.”

The lava is still flowing. It’s unstoppable, thank you Frank. 

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GodLover:  I just wanted to comment on one of your items on the list: the ATM's.
First off, we don't know the condition of their old ATM's. The need to replace them was likely a priority with all of the banking reforms. Of course I do believe they will be able to function with the hopefully soon to be NSCN's. Will these ATM's only be turned on after the issue of the NSCN's? (New Small category notes)   No one knows the answer to that, but I would guess the ATM's will be used for some time prior to the release of the NSCN's. The new ATM's in itself, does not give us a real time-line. 

DeepWoodz:  Imo   Not your run of the mill ATM’s…

Al Qurtas Islamic Bank has partnered with Diebold Nixdorf to deploy DN Series ATMs in Iraq: the first in the country. Diebold Nixdorf will provide the Vyanmic View software to detect and prevent downtime for the ATMs as well as improve performance and reduce costs, according to a press release.

The ATMs can accept, validate, store and recirculate cash and feature a 19-inch touch display and check deposit module.

"We are proud to be the first financial institution in Iraq to deploy the new ATM technology and look forward to providing innovative services to our customers," Sara Ahmad, CEO at Al Qurtas Islamic Bank, said in the release.

"The new devices are already getting our customers' attention, and in our next phase, the ATM's integrated cash recycling capabilities will enable us to optimize cash handling and provide our customers with innovative technology that improves their banking experience."

Samson:  The House of Representatives raises its session after filling the seats of Al-Sadr with the benches

23rd June, 2022

Today, Thursday, the Iraqi parliament adjourned its session after the replacements for the Sadrist bloc voted.

And the media department of the Council said in a brief statement, that the House of Representatives decided to adjourn its extraordinary session, noting that the voting of the new representatives had been completed to replace the resigned Sadrist bloc deputies.

The session witnessed the swearing in of the constitutional oath to the alternative representatives of the independents in the Sadrist movement bloc, the completion of amendments, and the approval of the internal system of the House of Representatives, which are the two paragraphs of the agenda.

64 out of 73 deputies took the oath, as 9 deputies did not attend the session.

Yesterday, Wednesday, the Presidency of the House of Representatives called on the candidates, "the biggest losers", who have resigned from the Sadrist bloc's deputies, to attend tomorrow's session, Thursday, while six of these substitutes refrained from attending because they are among the Sadrist bloc's candidates.

The Presidency of the House of Representatives announced, on Tuesday, that the Council will hold an extraordinary session, based on the provisions of Article 58 first of the Constitution, and at the request of a number of Council members, on Thursday, June 23, at 11 am.   LINK

TSM:  Sure sounds like they got a lot accomplished....lol...Glad my expectations very LOW,  VERY LOW..so I am not upset in the least...I did not expect much...and I got it...IMO

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Samson:  Governmental Media : Implementation of the Automation Program for Customs and Tax Receipts

23rd June, 2022

Today, Thursday, the Government Media Cell announced the completion of procedures related to the automation of customs and tax receipts

A statement by the cell, received by the Iraqi News Agency (INA), stated that "in implementation of the directives of Prime Minister Mustafa Al-Kazemi and the Secretary-General of the Council of Ministers Hamid Al-Ghazi, and under the supervision of the head of the Border Ports Authority Omar Al-Waeli and with an exceptional effort of the technical and technical staff, it ended the border crossings at the ports (Safwan, Shalamjah, Umm Qasr Al Janoubi, Umm Qasr Al Shamali, Umm Qasr Al Awsat, and Abu Flous) procedures related to the automation of customs and tax receipts, through the authority’s electronic platform

The statement explained that "the experience of auditing the customs and tax receipts is an important step implemented by the authority in record time and self-effort, which contributed to preventing fraud when completing transactions related to the entry of various materials, eliminating corruption and waste of public money, in addition to maximizing revenues that go to the treasury

The electronic platform was also linked to the cultural attachés of the countries’ embassies for the purpose of receiving certificate of origin and attested invoices electronically in order to facilitate the trade process, which contributed significantly to obtaining tax and customs funds without any manipulation and fraud

And the cell indicated, "The joint team of the General Secretariat of the Council of Ministers and the Border Ports Authority, during its tour in the southern ports, was briefed on the procedures related to the implementation of what was stated in the decisions of the Council of Ministers regarding facilitating the entry of foodstuffs and consumer goods into Iraq, where the quantities of imported materials amounted to thousands of tons and trucks since Last March, in support of stabilizing food security and contributing to balancing food prices

With regard to controlling the process of preventing the entry of materials prohibited from import and in violation of the instructions, the statement pointed out that "the search and investigation staff of the Border Ports Authority was able to seize quantities of drugs and containers containing materials in violation of import controls, in addition to evacuating all containers containing materials. Chemical and dangerous, in implementation of the recommendations of the Diwani Order Committee (18 of 2022)

LINK

Tyson: Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed. Where else to go from this point?

No wonder the Minister of Finance Ali Abdul-Amir Allawi said that they are keen on implementing the EFSL. Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur.

All of this occurred without a seated government or 2022 Budget. I mean they did say the White Papers/EFSL operate outside any political conflicts. Which should be evident to everyone at this point.

They precautionary measures in place will ensure and maintain the Security & Stability given the recent opening of the Green Zone 24/7 around the clock accessibility for the people of Iraq. This week into next is shaping up to be jam packed with events that will be historic but very dramatic in the days ahead. –

North Korea called an emergency meeting. Roe vs wade tomorrow. Kash Patel said in interview that he speaks for the Trump org and that he is Declassifying everything in the sussman Case next week. SA is meeting with Turkey. The DS is going to cause a major s**t storm to distract from all of these as it will cause a major collapse in their power base. IMO