KTFA:

Samson:  Food Security Law Comes into Force

6th July, 2022

The Iraqi Gazette published the Emergency Support Law for Food Security and Development

After its publication in the Official Gazette, the law will have entered into force  LINK

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Samson:  The new issue of the Iraqi Gazette (4681) was issued on July 4, 2022

2022-07-06 12:39:00

Law of Emergency Support for Food Security and Development No. 2 of 2022.

- Instructions for maintaining documents in the Ministry of Defense No. (1) of 2022.

- Instructions No. (1) of 2022 "facilitating the implementation of the Ministry of Youth and Sports Law" No. (25) of 2011.

To download the issue, click here

 Those wishing to acquire a copy of the Iraqi Gazetteer can refer to the Iraqi Gazetteer Department located in Al-Salihiya/Haifa Street (Ministry of Justice Building), and obtain the required number

LINK

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Tivon:  Now we are working with something.

Do you guys remember what Mazhar M. Saleh stated back on June 8th 2022? He said the EFSL will move the wheels of the Iraqi economy correct? He also stated that the EFSL is a compensatory law. His wording here deserves a focused observation as to what that implies.

 Because in the PDF file of the law (In The Gazette) is says that this law will address Food Security, Poverty, Electric Power, Financial Stability, Services to Citizens, Raise The Standard of Living, Create Job Opportunities, and the implementation of important projects.

All of these areas are of priority and are considered an emergency and needs immediate alleviation as we all read just a couple if days ago how Iraqis cannot afford rent, clothing, or items that are usually purchased prior to the upcoming holiday in a few days.

Inflation has caused great stagnation in the market economy. How can Al-Kazemi implement this law with full force if this law will be operating for the remainder of the year if financial stability is to be attained that is not present at the current program rate?

Are they going to stop at Food Ration Cards? Because those cards are limited to meal oriented purchases.

Well we know that reconstruction of liberated areas aside from Mosul will be financed. We also know "Citizens Entitlements" which is contingent upon the HCL/Oil & Gas Law is a part of the EFSL.

Will that pass this officially at the upcoming parliament session next week where they mentioned many laws will be passed and voted on? IMO

Remember the EFSL is a part of the White Papers which is basically the Monetary Reforms.

Al-Kazemi said they have commitments within this law that they must honor. Not only that the law is supposed to create jobs and revitalize the economy. It also supposed to help by opening the economy to trade.

I find it very timely that Al-Kazemi is in talks with a German Ambassador talking about rebuilding liberated areas within the same timeframe of the EFSL being published in the Gazette. IMO

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Humble1:  I have to disagree with you on this statement Tivon, the white papers came out two years ago, before the EFSL was ever even an idea, and are not part of the white papers, all the EFSL was for is a band aid for the GOI to be able to spend some of the money the GOI is making from the high price of oil currently.  They have all this extra money coming in, and like children with money in their hands, they feel the need to spend it, some on needed projects and some will go to the corrupt, just like all government spending everywhere in the world, but that law that is now in full effect in no way has anything to do with the monetary reform that I am looking for from the CBI.  All IMO  

Tivon:  The EFSL is operating within the White Papers. This is not me saying this. It's literally in the thread. I have been looking for it. But it came from Al-Kazemi cabinets. You should know I would never state something this blatant and it not be in some article as I do everything else. How many bold statements have I made without showing it in writing?

You can disagree but Mazhar M. Saleh along with a couple of other said that the EFSL will basically jump start the White Papers into high gear due to the areas or sectors it will address.

They said that's why no one in government challenged the law because it is protected by the White Papers which also operate outside of the political landscape just like the EFSL did as is evident from it flying through unchallenged and published without a seated government.

 I stand by my statements. Because I read there was a clause utilized that allowed the EFSL the protective measures to be pushed through without any problems. I have to look for it. IMO

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Suzie:  Glad they finally published it.  Now, lets stay grounded and see what they actually do, just MY opinion!

Samson:  If I was any more grounded I'd be six feet under LOL 

Tivon:  I wanted to share this with the people from yesterday who championed the perspective that we need a seated GOI in order for important laws to pass that will protect the Monetary Reforms.

I said I was going to find it in writing. Along with the White Papers that is also independent of the political mess with the blocs.

Iraq is using the constitution to rebuild their country. They are using it for Oil & Gas. The USD Price. And the dissolution of Parliament. They got one out of  the way. The EFSL was voted on without a formed GOI.

The Contracts for the gas law was revoked in Kurdistan without a formed GOI.

The EFSL was voted, passed, and published in the Gazette without a formed GOI.

Now that it is official Al-Kazemi can run the country for the remainder of the year without a formed GOI.

I don't know how people here continue to say that they need a seated GOI for this and that when it's full of proxies who are not even eligible for the positions in government. They are obviously not needed.

At least have your talking points substantiated where your word alone isn't drifting out to see without any paddles to find your way back to solid ground. IMO

A member of the "Save the Homeland" coalition, MP Ahmed Mazhar al-Jubouri, said on Tuesday that alliances are still suspended and dialogues are "frozen", and there is nothing new in light of the political blockage.

Al-Jubouri added in an interview with the official "Al-Sabah" newspaper, which was followed by Mawazine News, "In parliament, we have started studying options for passing laws without waiting for the formation of the government."

He explained, "If the problem is to dissolve parliament, we are ready for the constitutional text, and the parliament must dissolve itself, and thus represent the will of the Iraqis, and when there are real popular demands, we are ready to go in this direction."

Al-Jubouri indicated that "the Alliance to Save a Homeland was determined from the first moment to achieve a national project that differs from the old projects, or to start an initiative that there would be a majority government plus a constructive national opposition, not a destructive one."

He continued, "Therefore, if the Alliance to Save a Homeland is on one side, it is not a problem, because it aspires to be a political project and not an electoral project for the president of the republic or the formation of the government."   

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Tivon:  Now that we have a new legislative session coming up next week. It brings me back to what Al-Kazemi supposedly said almost two weeks ago. When he mentioned the USD reduction price. He was very clear as to what he requested of his cabinet. And he has not come out to backtrack on any of his statements.

The man had 100 Deputies sign to support his agenda at the earliest time possible. I know we are not allowed to post pondering Rate & Date opinions. But let me ask what would Al-Kazemi be referring to based on these statements below?

This has been overlooked since it has been posted. Why? Not sure but obviously Al-Kazemi wants to alleviate the conditions of his citizens as soon as any viable allotted time. 

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

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.

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Samson:  KRG announces Eid holiday

07/06/2022 15:58:14

On Wednesday, the Kurdistan Regional Government announced the suspension of official working hours in government departments and institutions next week on the occasion of Eid al-Adha.

"On the occasion of Eid al-Adha, the Kurdistan Regional Government decided to suspend official working hours in all its institutions, starting from Saturday, the ninth of July, until Thursday, the 14th of the same month," a spokesman for the regional government, Jotiar, said in a statement.

The spokesman excluded the exams for the 12th preparatory class (sixth middle school) from the holiday, and said that the exams would be according to their prepared schedules.

On Saturday, Prime Minister Mustafa Al-Kazemi directed the suspension of official working hours in all government departments and institutions next week on the occasion of the Eid al-Adha holiday.  LINK

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Samson:  Economist: Oil prices may reach $ 200 in this case

5th July, 2022

The economist, Duraid Al-Enezi, expected, on Tuesday, that oil prices would rise to $200 in the event that Russia’s exports were reduced to 3 million barrels of oil per day

Al-Enezi said, "Russia is on its way to destroying the global economy, in order to restore its economic group (Brexit), as Russia now exports 8 million barrels of oil per day, and if exports are reduced to 5 million, we may witness a rise in oil prices to 170 dollars

Al-Enezi added in a statement to "Al-Furat News", and "Al-Iqtisad News" continued, "It may reach $200 if it reduces its exports to 3 million barrels of oil per day  LINK