KTFA:

Clare:  Parliamentarian: We are following the issue of accelerating the implementation of the budget instructions

7/09/2023

The deputy of the State of Law Coalition, Jawad Al-Ghazali, confirmed that Parliament will follow up on the issue of accelerating the implementation of the budget instructions.

 Al-Ghazali told Al-Furat News that: "Everyone is waiting for the implementation of the budget instructions to start providing services to the citizens because they suffer from a severe shortage, especially in the housing and educational fields." 

Al-Ghazali pointed out, "It has now left the House of Representatives and entered the Government. On our part, as deputies and the legislative authority, we are following the matter of speeding up the implementation of its instructions."

KTFA:

Clare:  The Iraqi parliament sets tomorrow, Sunday, as the date for its new legislative session

7/08/2023

The Presidency of the Iraqi Council of Representatives announced, on Saturday, the start date of the second legislative term for the second legislative year.

In a statement received by Shafaq News agency, the presidency said, "The second legislative term begins tomorrow, Sunday, provided that the parliamentary committees will start their legislative and oversight work, starting tomorrow."

She added, "The first session of the second legislative term will be held on Saturday, corresponding to 7/15/2023."   LINK

KTFA:

Clare:  An Iraqi proposal to deal in dinars instead of dollars with Iran

7/05/2023   Baghdad

The commercial adviser to the Iranian embassy in Iraq, Abd al-Amir Rabihawi, stated that the pressures of the US treasury prevent the Iraqi side from using its official currency to transfer money to Iran, forcing it to use the free market currency, which differs by 10% from the official currency and harms Iranian merchants.

According to the Jahan Sanat News website, Rabihawi said, at the meeting of the Iranian-Iraqi Joint Chamber, that "trade with Iraq is traditionally possible so that money is exchanged with this country through exchange offices or cash."

KTFA:

Turk182:  Yes, it is true, this will be a Non-Event (Media Wide) - 

it has be said for many years, that "One day you will just wake up to a new rate.  No fan fare, nothing.  Just a New IQD Rate".

Understand.  This is NOT about YOU!  This is about the Citizens of Iraq.  Yes, THEY will wake up one day with something other than their current Program Rate of 1,310 +/-

The Iraqi Citizens may very well wake-up one day with their rightful rate of the IQD.  

Contrary to popular belief, this "Change" will NOT take place during the day!  FACT!

IF this New Rate does NOT show @ 12:01AM, the it will NOT show at all that day.  FACT!  No Country would EVER change the value of their currency "Mid-Day"

Todays "Window" in Iraq is already gone.  Lets hope for something tomorrow, (THEIR) Tuesday, July 04th 2023

KTFA:

Clare:  The budget enters into force.. Iraqi facts publish the text of the law

The official Iraqi Gazette issued by the Ministry of Justice published, on Monday, the text of the general budget law for the years (2023, 2024, 2025).

A copy of the facts and budget law   LINK

Turk182:  This is fantastic News, unfortunately it appears that the CBI has not yet received a copy of this Morning Edition of the Gazette, as the rate is still 1,300 +/-

Zeeman:  now that the budget is official if iraq does not get off its duff they will be in the same place. there is no way they can afford a fraction  of their building projects on 1300 its to costly. the choice is either raise the value of the dinar or stay the same the choice is theirs. Imo

GMan:  Yes, no more kicking the can…IMO

KTFA:

Clare:  Justice: Publication of the Budget Law in the Official Gazette tomorrow

6/25/2023

The Ministry of Justice announced the publication of the financial budget law in the (official) Iraqi Gazette, tomorrow, Monday.

She indicated that the budget law will enter into force on January 1, 2023.

It is noteworthy that the House of Representatives approved the dawn of the 12th of June, the budget law, while the President of the Republic approved it on the 21st of the same month. LINK

Turk182:  HCL will become Official immediately upon Gazette Posting.  When does the CBI Flip the Switch?  Moments before publication or Immediately after?  

Scarlett10:  That is the biggest question. But all I know is that we are really close. This week looks very promising.