"Urgent Measures" - Thurs. PM KTFA Thoughts/News 1/17/19

by **Ssmith** Fri Jan 18, 2019 10:55 am

KTFA

DELTA » January 17th, 2019

FROM IRAQI TV: The Economic and Investment Committee.... Iraq may be forced to float the dinar to encourage investment in Iraq.

Iobey777 » January 17th, 2019

Oh YEAH!!! What was the word FRANK used last night? I believe he said they were FORCED to show their hand through the emails from the ICC!! IMO!!!

MilitiaMan » January 17th, 2019

Using words like Urgent Measures to reduce Auctions earlier, and now they may be FORCED to FLOAT the DINAR!!! The language is very powerful, thus, it is very important.. Again, the CBI stated the other day now, that the 2% fee on $20.00 (transactions) will cease on Sunday, thus, the take away is they may show us smalls.. imo.. Why all the Urgency? Logic points to reforms being completed, thus, change is coming.. imo ~ MM

GodsServant » January 17th, 2019

IMO the Citizens are screaming and the MR does not account for a float but a CHANGE......IMO… IMO MM Smalls to the Citizens via the final 12%, Can't clone something or why would you clone unless you are happy with the ORIGINAL, IMO

MilitiaMan » January 17th, 2019

If they get a start from the original (glory days) and float from there is fine by me.. They stop the fee on the $20, as they are going to have similar ones for daily transactions, imo. So yes all good.. imo ~ MM

DELTA » January 17th, 2019

Parliamentary Finance intends to reduce the sale of hard currency and open the file auction

Alsumaria News / Baghdad, a source in the parliamentary Finance Committee, on Thursday, the Commission intention to open an auction sale currency file, while noting that it would take several measures to reduce the sale of hard currency.

The source said in an interview with Alsumaria News, "The Finance Committee will work in the next few days to open the file auction currency to legalize the waste in the sale of hard currency, which is conducted at the Central Bank," noting that "it is unfair that the bank sold more than 300 million Dollars per day without reflecting on the services and imports of customs and taxes to maintain the exchange rate. "

The source, who asked not to be named, said that "this caused great damage to the Iraqi economy and its inputs through which are compensated state budgets," noting that "the Finance Committee is taking urgent measures to reduce the sale of the Central Bank of hard currency amounting to about 100 million dollars Daily instead of $ 300 million a day through strict control to reduce waste of public money. "

The Central Bank is holding daily sessions for the sale and purchase of foreign currencies, except for official holidays which the bank stops these auctions.

https://www.alsumaria.tv/news/

MilitiaMan » January 17th, 2019

I'll bet the are taking URGENT MEASURES, especially now with the amount of pressure that is on them. The Citizens are gearing to take matters to the street if they don't clean things up, protect what they deserve and get the items they were promised and pronto. Post #73 shows they mean business. Like you told us in the CCs they citizens will be educated on the matters and tomorrow has been said to be a big day for them. I suspect social media is going to be on fire soon. Your thoughts?. imo ~ MM

Samson » January 17th, 2019

Asaron warns blocs: the Iraqi street may not wait long

2019/1/17 11:27

Warned the alliance as a result, the political blocs of procrastination in the implementation of its promises to the Iraqi street, including the delay of the draft financial budget for the year 2019.

The official spokesman for the alliance, Qahtan al-Jubouri, in a statement received by the {Euphrates News} copy of it, all parliamentary blocs to give priority to the national interest on the financial budget and not subject to political auctions." He added," The House of Representatives has not been able so far to resolve the financial budget law for this The general at a time of increasing the suffering of citizens, especially those with limited income."

Jabouri said that "the continuation of such methods, both in terms of the budget is not consistent at all with the amount of promises made by political forces before the elections, which puts them all without exception in front of the Iraqi street, which may not wait long" .

He explained that "any delay in the adoption of the budget means delaying the implementation of projects, especially investment, as well as the completion of sluggish projects that need to launch the required financial allocations, which means that the government can not implement its government program voted by the House of Representatives before the government gained confidence." LINK

MilitiaMan » January 17th, 2019

This is the heat that will be placed under the Politicians, etc.. That have held up the promises the citizens have been given over a period of time. That time is near now. I suspect with this sort of thing staring at them directly now, will get results fast. Even noted now is the Finance Committee is implementing urgent measures to reduce the currency auctions now. Lets not forget that the 2% fee on $20.00 USD transactions or less is to cease Sunday...imo ~ MM

Popeye7 » January 17th, 2019

Thanks so much Delta for bringing in the news... Looking good!... MM, the natives are getting restless as the articles are stating, and with the lifting of the barriers around the green zone, and the CBI, actions had better speak louder than their words... This weekend could prove to be very rewarding as it concerns this investment, and of course for the Iraqi people pertaining to their purchasing power... IMO..

Samson » January 17th, 2019

Kurdish blocs set two conditions in exchange for passing the budget of 2019

17th January, 2019

Revealed a member of the Finance Committee on the Kurdistan Alliance MP Ismail Cougar, on Thursday, the identification of Kurdish blocs two conditions in exchange for passing the law of the general budget for the current year 2019, stressing that the proportion of the province in the budget is not fixed.

"The issue of the region's share of the budget is still not settled because it is a permanent issue that emerges every year without any resolution or the establishment of fixed criteria for the region's share of the annual budget," Kuger said in a statement.

He added that "the coalition was surprised when allocated the government of former Prime Minister Haider Abadi, the proportion of the province budget this year 12.67%, which is not true where the proportion of the province in the budget last year 13.72," noting that "the Kurds rejected this percentage categorically."

"The Kurdistan Alliance put before the parliament two options for the ratification of the first budget refer to the previous political agreement on the proportion of 2018 or proceed to the census and the commitment of the governments of the region and the center of the setoff and therefore either restore the government excess ratio or we get added money depending on the results of the census" He said.

MilitiaMan » January 17th, 2019

Another Item that shows the heat is on. They offer two choices.. Lets see which one takes.. Regardless this timing is perfect.. imo ~ MM

Iobey777 » January 17th, 2019

WOW!! Thanks for the "dessert" tonight!! It was great!!

IMO..you made it very clear that the letters and emails from the ICC to the businessmen were written confirmation of Iraq being Art 8!! (at least that's what I got from it!) Powerful!!

IMO..they do not HAVE to make a public announcement before they RI..it could happen after the fact!! (from things I have read here)

Judy » January 17th, 2019

Thanks for the Dessert on Wednesday Call, Frank.

Looking forward to hearing more about Twinning, Mirroring and Cloning on Friday Team Chat.

Thanks, Delta for article on "The Economic and Investment Committee.... Iraq may be forced to float the dinar to encourage investment in Iraq." Like to see words "Forced"