big news

by **Jayzze** Sat Mar 26, 2022 7:45 pm

as usual malaki/iran screws over iraq and its people. sadrs groups were supposed to have 220 members show up but only 202 showed up. why because malaki bribed them very simple. there is a good shot he will do the same again. on wed then malaki gets his wish because according to the rules they will have to have a new election and he will bribe or threaten his way to power. by the time all this bs is finished you will probably be in 2023. remember the cbi can do this any time but why should they the longer they wait the bigger there reserves grow

by **claud39** Sun Mar 27, 2022 11:04 am

Jayzze wrote:as usual malaki/iran screws over iraq and its people. sadrs groups were supposed to have 220 members show up but only 202 showed up. why because malaki bribed them very simple. there is a good shot he will do the same again. on wed then malaki gets his wish because according to the rules they will have to have a new election and he will bribe or threaten his way to power. by the time all this bs is finished you will probably be in 2023. remember the cbi can do this any time but why should they the longer they wait the bigger there reserves grow

A Jayzze chance you're here to inform forum members !!! A lot of lack of rigor on this forum !!

Claud (Moose)

by **claud39** Sun Mar 27, 2022 1:10 pm

Where is the Iraqi people's budget for 2022

23/03/2022

Samir Al-Nusairi*

We are now in the middle of the third month of 2022 and most countries of the world have issued their general budget for the aforementioned year, with the exception of Iraq, which we, the economic elites, did not know where the general budget is. Was it prepared? Is it still in the corridors of the ministries of finance and planning? In preparing them on the items as usual, or did they adopt economic programs and plans? In fact, no one knows and we only know that Iraq’s budget for several years is not approved and issued until several months after the budget year because of the problems and political quarrels between the political blocs and those who forgot that the budget is the budget of the Iraqi people and the budget for the implementation of investment projects and projects of reconstruction, construction and economic reform. How long will the patient people suffer this injustice and the encroachment on their rights in this repeated way every year?
The current and expected financial situation for Iraq until the end of the year is very good, as oil prices will not be less than $100 per barrel. It fulfills its obligations towards internal and external debts, establishes its sovereign fund,
and overcomes a real budget deficit for the first time in years. Therefore, in the face of this reality requires taking quick measures by approving the budget by the new government and Parliament, with a date not exceeding the first half of this year, and to include the following priorities: ‐
1‐ Re Revenue structure towards activating and stimulating the productive sectors, in particular agriculture, industry, housing, services and tourism, and increasing the proportion of the contribution of income sources other than oil to the budget revenues.

2 - Increasing the investment allocations in the budget, including at least the completion of projects whose implementation rate exceeded 50%.
3- Giving a role to the private sector in investing in reconstruction and infrastructure projects in Baghdad and the governorates

4- Allocating an amount to establish the Sovereign Fund (the Generations Fund) from the savings achieved from the increase in oil prices, and it is managed by a specialized board of directors, and its funds are invested under the supervision of the Central Bank and the oversight of the Financial Supervision Bureau.
5- Allocating a special amount to the Ministry of Commerce to secure strategic storage for foodstuffs covered by the ration card for a period of no less than 3 months.
Increasing the ration items to reach 10 items. Allocating funds to support the prices of flour, rice, sugar and baby milk.
6- Allocating an amount to activate and support the agricultural, industrial and tourism sectors and to support the local product.
7- Allocating an amount to the Ministry of Labor to cover the increase in the number of people covered by social care, to cover the increase in their salaries at a rate equivalent to the reduction in the Iraqi dinar exchange rate, to cover the financing of small and medium projects, and to include the displaced who cannot be returned to their homes
with social care.

* Economic and banking consultant

https://economy-news.net/content.php?id=27338

by **RamblerNash** Sun Mar 27, 2022 9:24 pm

The dollar exchange rate is stable and there are no intentions to change it

February 20, 2022

The dollar exchange rate is stable and there are no intentions to change it

An authorized source in the Central Bank of Iraq stated today, Sunday, 20/2/2022, that there are no intentions to change the current exchange rate, especially after the positive results it achieved during the past period. And that the discussions that took place while hosting the Governor of the Central Bank of Iraq in the House of Representatives on Saturday, February 19, 2022, emphasized the need for concerted efforts by all government institutions to improve the economic and living standards of the poor classes that were affected by the high rate of inflation.. The source called on the honorable public not to deal with the news. which indicate the probability of a price change. He stressed that the central bank possesses sufficient foreign reserves to stabilize the current exchange rate.

Central Bank of Iraq
information Office
2022/2/20

https://cbi.iq/news/view/1954

by **claud39** Mon Mar 28, 2022 8:47 am

He just woke up !!!

Claud (Moose)

big news

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Where is the Iraqi people's budget for 2022

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