News, Rumors and Opinions Sunday AM 5-21-2023

 KTFA:

Clare:  Deputy for the law: On Monday, a special session to vote on the budget law

5/20/2023

The representative of the State of Law Coalition, Aref Al-Hamami, suggested that a special session be held to vote on the provisions of the Federal Budget Law next Monday.

Al-Hamami told Al-Furat News that: "The Finance Committee is working on completing the budget law day and night, and there are only a few days to complete it," suggesting that "the session for voting on all its items will be held next Monday."

He added, "The rise in oil prices helps revive the budget and reduces the deficit in it, and it will also facilitate the work of government curricula."

Al-Hamami continued, "We demanded an increase in the amount of petrodollars, which will compensate for the imbalance in the budget, as 80% of the budget will go to completing the lagging strategic projects in all governorates."

He explained, "About 143 billion dinars from this budget will be from ongoing projects in the past."

First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, revealed in a press statement that the parliament will start voting on the general tripartite budget, starting on Monday, May 22.    LINK

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Clare:  Shakhwan Abdullah addresses Parliamentary Finance regarding the budget

5/20/2023

On Saturday, Shakhwan Abdullah, Second Deputy Speaker of Parliament, called on the Parliamentary Finance Committee to expedite the completion of discussions and prepare the federal budget law for a vote on it.  

And his office stated in a statement, which “NAS” received a copy of (May 20, 2023), that “Abdullah presided this evening, the meeting of the Parliamentary Finance Committee, in the presence of the chairman and members of the committee.”  

Abdullah called for "the need to expedite the completion of discussions for all articles of the federal budget bill for the years 2023, 2024 and 2025, and to prepare the law for a vote on it."  

And he appreciated "the continuous efforts of the Finance Committee to pass this important law that all our people are waiting for."   LINK

Courtesy of Dinar Guru

Mnt Goat  ...we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market...Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON! 

Frank26    Articles about worldwide leaders, their investments in Iraq, their economic explosion.  Only because of the success of the monetary reform...An article came out and said they have a quantum leap in their economic growth in Iraq.  Only because of the quantum monetary reform.  They say, follow the money, well in this case...follow the logic.  All the things that you're seeing cannot be done at a program rate...they're constantly showing the world look what we have.  Now they need to show the citizens look what you have too.  And it's coming.

 Source : dinarrecaps

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