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 "Is that Legal?" - Thurs. PM TNT Thoughts/News Links 1/3/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"Is that Legal?" - Thurs. PM TNT Thoughts/News Links 1/3/19

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Post by Ssmith Fri Jan 04, 2019 10:10 am



I think the 3 presidents got tired of the delay in parliament. I think the presidents will fill the cabinet positions.

rvalready.... but is that legal???

Yes it is legal. Cabinet posts have been appointed by the PM during several past administrations.

rvalready.... yes the PM can appoint post, but I doubt he can use the presidents since they are an entirely different part of the government…if I remember correctly that's one of the issues they had with Maliki. using the Presidents to cover positions for him

It was at one time rumored that the 3 presidents would assume the last 3 posts. But, the PM could appoint anyone….We will find out tomorrow.

Abadi had the same problem with filling his cabinet. Iraq has so many parties and sects that the cabinet becomes a political football. The cabinet should not be filled by politics, but by the best people for the job, independent of politics.

The CBI has been given the go-ahead frome the US and UST and IMF. I believe the CBI are sitting at their window waiting for fair weather (complete GOI with no arguing etc) They could go outside in more stormy weather but probably waiting for some sunshine to Revalue the IQD...that's my take anyway lol

Question. Is it to say that Iraq depends on stable oil prices in which to submit, ratify, and approve a budget? I ask because one would think that contingencies would be in place for such a volatile resource

That would depend on current rate vs budget minimum target rate. A question I cannot answer….there is probably room to spare in the numbers. They have been at this a long time. So, they probably have room to play before they would alter the budget. Also, unlike the US, they have plenty of monetary reserves

CNBC: Oil prices rise as demand worry vies with OPEC supply cuts


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