Zig’s Place Chat and News Late Sunday PM 4-11-21
.Zig’s Place Chat and News Late Sunday PM 4-11-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Sandyf @Sah The paper is only published on Wednesday and Saturday. There is no variance from that. That is not true. The legal Gazette is issued by the MOJ usually once a week on a Monday but there can be special issues. There is normally a few days between issue and posting to the official website https://www.moj.gov.iq/iraqmag/ There used to be a newspaper with gazette in the name, not sure if still in print, which caused confusion with the legal gazette AL-WAQA'YAT.
Sah I haven't posted in a few years till things just got interesting lately. I will try to find the link to the paper in Iraq where I read about the printing in the paper Al-WaQA'YAT. When they pasted the last three amendments to the Federal Court law they said they got it to the president Tuesday night to sign and submit on Wednesday with the federal budget. They said if they didn't post Wednesday it would be in Saturdays and that there was no variance from those publishing days. I had to translate to read, i will go back and look again. Maliki screwed it all up now with 6 violations supposedly in budget recall. I am sure he will draw everything out more with his cronies to not pass the budget.
Zig’s Place Chat and News Sunday AM 4-11-21
.Zig’s Place Chat and News Sunday AM 4-11-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly 2021-04-11 08:11 Shafaq News / The President and members of the Federal Court took today the constitutional oath before the President of the Republic, Barham Salih.
Salih said during the swearing-in ceremony, "Iraq has taken an important step towards completing the requirements of one of its most important constitutional institutions." On April 10, the Iraqi President, Barham Salih, issued a decree appointing the President and members of the Federal Supreme Court. According to an official document, Judge Jassim Al-Umairi will assume the position of Court President. Eight other judges are councilors of the court with three reserve members.
butterfly 2021-04-11 04:02 Shafaq News/ The Dinar/Dollar exchange rates maintained the same level in the Iraqi market today, Sunday. Shafaq News Agency correspondent said that Al-Kifah and al-Harithiya stock exchanges are trading the 100 US dollar at 147,200 Iraqi dinars.
Zig’s Place Chat and News Late Saturday PM 4-10-21
.Zig’s Place Chat and News Late Saturday PM 4-10-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly The President of the Kurdistan Regional Government, Masrour Barzani, received today, Saturday, a message from US Secretary of State Anthony Blinken after the third round of the strategic dialogue between the United States and Iraq.
In the message, Minister Blinken expressed his appreciation for the efforts and support of the President of the Kurdistan Regional Government, and expressed his readiness to work to consolidate the partnership between the United States and the Kurdistan Region.
Sparky butterfly ... Barham Saleh ?
Dave butterfly your holding out on us,,,,,,,,,,,should we start grinning yet?
butterfly Sparky That makes me laugh. When I read these articles to my wheelchair bound veteran I always have to say.....I can't pronounce these foreign names so I insert a John Smith. LOL
Zig’s Place Chat and News Saturday AM 4-10-21
.Zig’s Place Chat and News Saturday AM 4-10-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly I believe this is the first............... The President of the Republic, Barham Salih, approved the members of the Federal Court.
Butterfly Another day and it appears the excitement from last night has gone. Same as it has been year after year. Up........then............Down. Repeat over and over every year.
Sparky ... hope is alive and well ... ... it's fun to dream of future riches ...
Sparky ... what would I do if I became an instant, overnight millionaire ? give it all to charity ? Buy a bigger house on the ocean ? Travel to the ends of the world ? ... or, just carry on with my life ...... I probably will figure it out as I go, post " RV " ...... I think sometimes the journey is the most fun ...... prolly be nice to be rich though .
Zig’s Place Chat and News Late Friday PM 4-9-21
.Zig’s Place Chat and News Late Friday PM 4-9-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Cian 2021/04/09 10:15 Readings 337 Section: File and Analysis
Is Iraq Heading To Fully Float The Local Currency?
Baghdad / Obelisk: Iraq will be forced to float the entire local currency, if the devaluation of the Iraqi dinar against the dollar leads to results that lead to the deterioration of the economy and the inability of the state to cover the expenses.
The Central Bank has reduced the value of the Iraqi dinar against the dollar by 24% with the end of 2020. The dollar exchange rate reached 1470 dinars to the public, and 1460 dinars for banks operating in the country, compared to 1182 dinars before the reduction.
The economist Osama Al-Tamimi believes, according to Al-Jazeera Net, that the flotation is supposed to lead to stimulating domestic production and reducing dependence on imports, but the corrupt will face this mechanism by raising the prices of local commodities. He pointed out that it is difficult to move towards a comprehensive float, because of what it needs from the presence of a state that has the force of law, "and this is not available now.
Zig’s Place Chat and News Friday AM 4-9-21
.Zig’s Place Chat and News Friday AM 4-9-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
sandyf When the budget is ratified it will be published by the MOJ and will appear on their website. https://www.moj.gov.iq/iraqmag / The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time.
The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
butterfly Higuys and gals. You need to read what sandyf posted last night............it tells everyting you need to know about the dinar.....the process is very long just for the budget.
Zig’s Place Chat and News Thursday AM 4-8-21
.Zig’s Place Chat and News Thursday AM 4-8-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz The President of the Republic ratifies the Maronite Law 13:44 - 04/08/2021 The information / Baghdad .. The President of the Republic, Barham Salih, approved today, Thursday, the Federal Public Budget Law for the current year.
President Saleh said, after approving the budget in a statement received by the information, that “the approval comes to secure the necessary needs of our people, and to finance the salaries of employees and retirees and the necessary government expenditures in a way that achieves social justice for all regions of Iraq and all segments of society.”
He stressed, “the need to adopt financial and economic reform and support the various economic sectors in a way that contributes to supporting the goals of development and progress,” noting that “approving the budget is an important step towards meeting citizens’ entitlements, and strengthening the role of the departments concerned with implementing the budget’s provisions and with the concerted efforts of everyone to achieve what is hoped for in blocking The needs of citizens and the reconstruction of the country, and take the utmost measures to support the low-income classes, provide job opportunities for young people, and continue the path of reform and combating corruption.
Zig’s Place Chat and News Wednesday PM 4-7-21
Zig’s Place Chat and News Wednesday PM 4-7-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Text of the Federal Budget Law sent to the Presidency of the Republic
Wednesday 07, April 2021 16:20 National Agency publishes Iraqi News / Nina / text of the general budget of the Federal Republic of Iraq for the fiscal year 2021, which was voted by the House of Representatives at its meeting on Wednesday evening last, he was sent to the Presidency of the Republic.
To view and browse the text of the law on the Federal Budget of the Republic of Iraq for the fiscal year 2021, please click on the electronic link
Zig’s Place Chat and News Tuesday PM 4-6-21
.Zig’s Place Chat and News Tuesday PM 4-6-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly Iraq’s Prime Minister to make regional visits, Official 2021-04-06 11:17
Shafaq News / The spokesman for Iraqi Cabinet Hassan Nazim, on Tuesday, held a press conference in which he discussed topics of health, politics and economy.
On economic situation, Nazem said the Prime Minister Mustafa Al-Kadhimi will visit the markets before the Month of Ramadan to check the prices and that the Minister of Trade may resort to import goods to confront the high prices.
In response to a question by Shafaq News correspondent, about Al-Kadhimi's visit to the Gulf countries, Nazem confirmed that the visits to Saudi Arabia and UAE resulted in memorandum of understandings and agreements in economic and investment fields, and that the governments of the two Gulf countries allocated three billion dollars each to invest in Iraq.
He added that Al-Kadhimi is expected to visit other regional countries for empowering the Iraqi economy.
Regarding the educators, who were not included in the 2021 budget, Nazim explained that their share was allocated in the budget law but the Parliament had reduced it. On Covid-19 epidemic, the Spokesman said the Ministry of Health and environment had contracted with international companies to secure 21 million doses of the vaccine.
Zig’s Place Chat and News Tuesday AM 4-6-21
.Zig’s Place Chat and News Tuesday AM 4-6-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Xyz Draft agreement between Iraq and the European Investment Bank
Tuesday 06 April 2021 2 Baghdad: Morning The Ambassador of the Republic of Iraq, Sadiq al-Rikabi, to Belgium, Luxembourg and the European Union, stressed that the basic principles underlying the policy of the Republic of Iraq in its international relations come in fulfillment of its obligations and to advance the three pillars of the United Nations, which are sustainable development, peace and security, and human rights.
In this context, the Iraqi mission to the European Union has made great efforts over recent months to reach a framework agreement between Iraq and the European Investment Bank, which lays the legal foundations necessary for the latter to finance some public and private sector projects in Iraq.
Zig’s Place Chat and News Late Monday PM 4-5-21
.Zig’s Place Chat and News Late Monday PM 4-5-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Cian Iraq and the assumptions of the full float of its currency 2021
- 15 hours elapsed [4/5/2021] The decision to reduce the value of the Iraqi dinar by the end of 2020 has raised some concerns that this decline in value is a prelude to floating the entire local currency.
And last December, the Central Bank of Iraq reduced the exchange rate of the local currency (dinar) against the dollar by 24 percent, with the aim of better management of payments and the economic crisis in the country.
The dollar exchange rate reached 1470 dinars to the public, and 1460 dinars for banks operating in the country, compared to 1182 dinars before the reduction.