Dinar Recaps

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TNT, Pimpy, Lynnete Zang and more Tuesday Afternoon 12-15-2020

TNT:

Tishwash:  The most prominent thing that the Parliament session witnessed before it was adjourned to tomorrow

On Tuesday, the House of Representatives voted on decisions and instructed the formation of parliamentary committees, while it finished reading and discussing draft laws during its regular session No. 28 of the fourth parliamentary session of the third legislative year, the first legislative term.

The council’s media department said in a statement, which "people" received a copy of (December 15, 2020), that " the House of Representatives votes on the draft law on the accession of the Republic of Iraq to the International Hydrographic Organization agreement, as amended.  

She added that "the council also voted on a parliamentary committee headed by the head of the Security and Defense Committee and a number of women and gentlemen to follow up farmers' demands regarding agricultural contracts and other issues in Kirkuk governorate."  

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And she continued, "The House of Representatives voted on a parliamentary committee headed by the head of the Committee of Martyrs, Victims and Political Prisoners and a number of deputies to follow up on the legality of implementing transitional justice decisions, and to follow up on the implementation of Diwaniya Order No. 29 related to combating corruption and to select representatives for it from the integrity, legal and human rights committees."  

She pointed out that "the House of Representatives completed the report and discussion of the draft law on the accession of the Republic of Iraq to the 1966 Protocol to the Convention for the Prevention of Marine Pollution Arising from waste dumping and other materials for the year 1972."  

The House of Representatives also completed the report and discussion of the proposed law for the first amendment of the House of Representatives Law and its Formations No. 13 of 2018, in addition to that it “completed the first reading of the proposed law amending the Law on Publication in the Official Gazette No. 78 of 1977.  

Parliament adjourned its session until tomorrow, Wednesday, at five in the afternoon   link

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Tishwash:  A “reassuring fiscal year” ahead for Iraq: an annual “slight” deficit and expected oil revenues of about $ 56 billion ..

The economic expert, Manar al-Obeidi, spoke of a reassuring fiscal year turnout for Iraq in 2021, indicating that the annual deficit will be simple.

Al-Obeidi said in a post on "Facebook": The economic situation of Iraq during 2021 and depending on the oil market and oil price extrapolations, it is clear that the year 2021 will witness an improvement in the total revenues of Iraq.

He added: Depending on the selling prices, the quantities that Iraq will sell and the size of the monthly expenses, it is expected that the annual deficit of Iraq during the next year will not exceed 8 billion dollars, which is an amount that can be controlled through improving the performance and efficiency of the management of operating expenses, specifically salaries, which can be It is the solution to the next deficit.

 Al-Obeidi explained that the amount of the expected oil revenues for the next year will be around 56 billion dollars, while the total non-oil revenues can achieve 4.5 billion dollars.

 And he said, that the total revenues of the Iraqi government will be around 60 billion dollars, with total expenditures of about 67 billion dollars, and therefore the economic situation can be reassuring for the next fiscal year, but reforms are necessary and because many investment expenditures are still far from the level of ambition, which needs to be re- Arranging expenditure management in a manner consistent with the requirements of the next stage.

 Today, Tuesday, the Minister of Planning, Khaled Battal, announced that the federal budget for 2021 will not be included in the agenda of the Council of Ministers today, while determining the value of employees' salaries within the expected budget.

"The 2021 budget was not included on the agenda of today's cabinet session," the Iraqi News Agency quoted Battal as saying, indicating that "the price of a barrel of oil in the 2021 budget was set at $ 42."

He added, "The salaries of employees and their allocations in the budget amounted to 50 trillion dinars, and the budget for next year was sent to the General Secretariat of the Council of Ministers."

He explained, "The completion of the discussion of the budget for next year will take place within the next four days," stressing "agreement on the investment side of the budget with the World Bank."

Last Saturday, the Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, revealed the reasons for the government's delay in sending the draft 2021 budget bill to the House of Representatives.

Saleh said, “The delay in sending the draft 2021 budget bill to the House of Representatives came due to the accumulations of the financial crisis in the year 2020, and the change, amendment and addition of some resources in the 2021 budget, as there are many and large financial commitments carried over from 2020 to 2021 and this is a major reason, Solutions must be found to pay off these obligations. "

"The Iraqi government is serious about resolving the draft 2021 budget bill quickly, and there is no truth to the government’s intention to delay this delay, and to send the law to the House of Representatives, it will be very soon, after putting the final touches on it, especially since the meetings are continuing to settle the law soon," he said.   link

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Courtesy of Dinar Guru

Frank26  ...the floor managers right about now...they know.  They know what they need to know from the senior executive level...and now this week we believe the tellers are next...it's not a secret anymore.  The reason why is the tellers, who are really connected to the citizens - they're next...the next two weeks of December are crucial...

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ALERT! Get Ready for a NEW FINANCIAL SYSTEM!!

(Bix Weir & Jenny Moonstone)   Dec 15, 2020

Bix & Jenny talked about the coming financial changes a few months ago and we are NOW right on the cusp of this HUGE CHANGE! The key is NOT to fear what is coming but prepare and soak in the EXPERIENCE! We are all spiritual beings that came here to experience this chaotic shift so buckle up and LEARN all the lessons you came hear to LEARN!

https://youtu.be/jwTPnJ6QyoM?t=2

Lynette Zang LIVE Interview w RICE TVx & Pimpy's Investment Channel

Pimpy’s Investment Chat:   Dec 15, 2020

https://youtu.be/avq5soQ3UDg?t=4

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