KTFA:

Samson: Has the Ministry of Finance determined the price of a barrel of oil in the 2023 budget?

06/11/2022 17:24:25

An informed source revealed today, Sunday, the actual start of the Ministry of Finance to prepare a draft federal budget law for the year 2023.

The source stated {to Al-Furat News} that: "The Ministry of Finance has started the first steps, meetings and preparations for the ministries concerned with preparing the draft budget law."

The source added, "So far, the price of a barrel of oil that will be approved, or the initial budget figure, has not been determined."

KTFA:

Samson: Wide popular turnout for Baghdad International Fair

04/11/2022 22:27:50

The Ministry of Commerce announced today a wide popular turnout for the 46th Baghdad International Fair, which started its activities on the first of this November to see the exhibits of the companies' pavilions and the countries participating in the exhibition.

A ministry statement quoted the Director General of the General Company for Iraqi Exhibitions and Commercial Services as saying, "The Baghdad International Fair has witnessed, since its early days, the influx of Iraqi families from various regions to see the most important exhibits and the products of the companies and countries participating in the exhibition."

KTFA:

MilitiaMan: The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias

This is a welcome sight to behold I will bet by many an Iraqi. I am sure there could be some blow back from this but, with what we have seen in the outcome of the fresh new GOI with it's PMs cabinet seated suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr.

We wouldn't be in the place we are in now with out there having been agreements made.

The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI.

Any interference now will likely not be tolerated. We have seen significant arrests of late. That could continue on into the future. The new system will be a part of that, hence the latest intensity we see for the push against corruption.

KTFA:

Samson: Corruption and "obscene wealth"... Parliamentary demand for the Council of Ministers to find an alternative to the currency auction

3rd November, 2022

On Thursday, MP Majid Shankali called for an alternative to the currency sale auction in the Central Bank, indicating that this would contribute to providing cash liquidity to pay salaries and budget expenses

Shankali said in a tweet on Twitter seen by "Al-Ghad Press", "The Cabinet is required to find an alternative to the currency sale auction in the Central Bank to provide cash to pay salaries and budget expenses," noting that "the auction has become a door to outrageous wealth for owners of private banks and exchange companies." Which has no business other than buying and selling dollars, except for the suspicions of corruption that are hovering around the auction LINK

KTFA:

Determining the date of the next session of Parliament and its most important expected projects

2nd November, 2022

Representative of the State of Law coalition, Muhammad Chihod, announced, on Wednesday, the date of the next parliamentary session, indicating that Parliament is awaiting the completion of the budget in the coming days.

Chihoud said in a statement to "The Information", "Parliament will resume its session early next week to pass many important service laws, as well as to complete the booth of Muhammad Shia al-Sudani."

He added that "harmony between the government and parliament during the current session is important and should be exploited in an ideal way to pass controversial laws and end any political conflict."

KTFA:

Samson: Iraqi premier to raise Iraqi dinar value

2nd November, 2022

Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar, Mohammed Shia al-Sudani, Iraq’s new premier, said in a press conference on Tuesday.

“The interests of the needy were not taken into consideration in devaluing Iraqi currency. We tend not to repeat that in this cabinet,” he said.

Tackling endemic corruption in the country is one of the priorities of this cabinet, he said.

The Iraqi government work with other neighboring other countries to return Iraq’s “stolen money,” he added.

KTFA:

Clare: Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic”

01/11/2022

The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate.

Al-Sudani said in his first press conference after forming the government and gaining the confidence of the House of Representatives: “The central bank is the only responsible party for changing the dollar exchange, and as an executive authority we are committed to this aspect and we support the independence of the bank and the government is committed to implementing the law.”
However, he added: "But the decision to change the exchange rate in the past was not accompanied by measures to protect the poor classes."

.KTFA:

President of the Republic: There is no decision to hold early elections in Iraq... and the political crisis is over

1st November, 2022

The President of the Republic, Abdul Latif Rashid, confirmed that: "There is no decision to hold early parliamentary elections in Iraq... and the political crisis is over."

He said in a televised statement: "We support a Palestinian state with Jerusalem as its capital, and we will focus on that at the Algeria summit, just as we reject violations in the Palestinian territories."
And the President of the Republic continued: "We continue our mediation between Saudi Arabia and Iran, and the meetings continue, but the results are in their hands." LINK

MilitiaMan: There is an announcement. The political crisis is over. .Enough said.. Lets hope this lands on the CBIs desk today.. lol ~ MM

.KTFA:

Samson: The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government

31st October, 2022

Monday, the World Bank confirmed that the policy of changing the dollar exchange rate is one of the prerogatives of the Iraqi government.

The World Bank said in a statement that it was followed by (Al-Oula News), that "the policy of changing the dollar exchange rate is one of the prerogatives of the Iraqi government." LINK

.KTFA:

Samson: Việt Nam forecast to be fastest growing market for centi-millionaires over next decade

27th October, 2022

The fastest growing market for centi-millionaires, who boast US$100 million or more in investable assets, over the next decade is forecast to be Việt Nam, according to The Centi-Millionaire Report.

Under the report released recently by leading international residence and citizenship by investment advisory firm Henley & Partners, with an astonishing 95 per cent growth rate predicted, this emerging Asian manufacturing hub is expected to see a strong growth of centi-millionaires in the real estate, technology, and financial services sectors.

India is next in line with an anticipated 80 per cent growth rate in individuals worth more than $100 million by 2032.