TNT, X22 Reports, Currency365 and more Sunday PM 11-29-2020
TNT:
Tishwash: The Iraqi government announces a positive development regarding the 2021 budget
Mazhar Muhammad Salih, the financial and economic advisor to the Prime Minister, Mustafa Al-Kazemi, said, Sunday (11/29-2020), that the Iraqi government is determined to send the draft 2021 budget bill to the Iraqi parliament this week in a long-awaited positive news Preparing for the approval of the budget and preventing a delay in the payment of salaries if it is approved before the end of the current year.
Saleh said, in an interview with (Baghdad Today), speaking about the problems of the budget next year, that “what delays sending the 2021 budget to Parliament are the exceptional financial circumstances in the last quarter of the current year,” indicating, “This is why the government is working in a crowd of time on Management of financial affairs. ”
He added, “The other matter is that these circumstances have prompted a review of many matters and issues, including the maximization of non-oil resources and the review of some expenditures, and this requires work, effort and a long time.”
He stressed, “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.”
He continued, “Parliament is required to intensify its efforts in enacting this law and not delaying it, due to differences or other issues.”
Representatives criticized the delay in sending the budget beyond the scheduled date according to the Financial Management Law in mid-October.
A member of the House of Representatives, Abd al-Khaliq al-Azzawi, spoke last Friday that the political forces agreed, by more than 90%, on an early resolution of the next year’s fiscal budget.
Abdul Khaleq Al-Azzawi said, in an interview with (Baghdad Today), that “Iraq’s economic and financial situation is very bad, and the delay in paying salaries is a clear sign of the depth of the crisis that requires exceptional solutions in order to correct work paths and increase treasury revenues, in order to avoid entering Iraq into a slippery slope, perhaps. It is considered the most dangerous in its modern history. ”
Al-Azzawi added, “The 2021 budget has not yet reached the House of Representatives, but there is consensus between 90% of the political forces to resolve it early and deal quickly with all the differences it contains, and focus on basic principles, which are ensuring that salaries are paid without any delay, whatever the reasons.”
He pointed out that the political forces agreed to “seek any possible solutions to avoid borrowing, in light of the warnings of economists and financial experts about the danger of repeating the borrowing file and its impact on the reserves of the Central Bank and the exchange rate of the Iraqi dinar later, in front of the rest of other foreign currencies.”
Before that, the reporter of the Finance Committee, Ahmed Al-Saffar, said that the committee needs nearly two months to study the 2021 Budget Law and submit it to Parliament for a vote on it.
Al-Saffar said in a special statement to (Baghdad Today), “Any talk about the budget in numbers is incorrect and hypothetical, because the bill is still with the Finance Ministry and has not been sent yet.”
He added that “the Finance Committee needs from one to two months to study the budget law and what is related to the volume of revenues and expenditures in the law.” link
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Courtesy of Dinar Guru
Jeff This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate. They just starting this roughly since last weekend. It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate" Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes. Notice how this type information did not come forward until Iraq finished the borrowing law. Remember I stressed to you the borrowing law was the last step needed before they could change their rate? There you go. Now they can change the rate at any point in time. But they have to do it by the end of March...we're in a great spot right now...
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Sunday X22 Reports:
Bob Kudla- The [CB] Miscalculated The Great Reset, The Entire [DS]/[CB] Failed
X22 Report Spotlight
He begins the interview by explaining the lockdowns in CA, how they are not working and the people and police are not going along with the governors orders. The economy is improving and if [JB] some how makes it into the White House the economy is going to crash. Trump has already been dismantling the [CB] system and their plan for the Great Reset has failed before it has begun.
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The [CB] Has Trapped Themselves By Accelerating Their Economic Plan Ep 2340a
The [CB]s have accelerated their plan, they are now doing what ever they can to bring down the economy in the US. To do this they need to destroy the small business and this is exactly what they are trying to do. The global debt has reached a point where the [CB] system cannot operate. Trump has pushed them to accelerate their plan, this will not work in the [CB] favor.
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Durham On Deck, Done In 30, Darkness Gives Way To Light, Think Article II – Ep. 2340b
The [DS]/MSM have tried everything to steal the election, it has not worked, now the people are starting to realize that there is election fraud, which is very different than voter fraud. Trump is now proceeding with the rule of law and holding the public hearings so the legislature can hear the case where they can pick their electors.Flynn is free and 30 days from the point where Flynn was freed is Xmas, the same time GW used a Durham boat to attack.
Allawi "White Papers Will Reform Fiscal Policy"
Currency365: Nov 29, 2020