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Mnt Goat News Brief - (Guru Portion Only) "can you get any dumber than this TNT idiots" 2/16/21 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat News Brief - (Guru Portion Only) "can you get any dumber than this TNT idiots" 2/16/21

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Mnt Goat News Brief - (Guru Portion Only) "can you get any dumber than this TNT idiots" 2/16/21 Empty Mnt Goat News Brief - (Guru Portion Only) "can you get any dumber than this TNT idiots" 2/16/21

Post by RamblerNash Tue Feb 16, 2021 9:53 pm

More news….

So I want to show you some more ridiculous stupidity that these intel gurus are feeding their listeners. Why not go to TNT as our example since they are the impaling of stupidity. I quote from a recent tweet:

“Saturday....

US BANKS ARE "ON LOCATION" TODAY........WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET)

THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! 

Trying to confirm some "reported" activity for the "first wavers" 

♪♫•*¨I FEEL GOOD-er THAN GOOD!!!¨•*♫♪

Really now, can you get any dumber than this TNT idiots. They are only showing just how much they really know about the RV…and I have to say its not much. Week after week they persist on their lies. So, if you go to my videos and watch the recent post entitled “When Will the Iraqi Dinar Revalue” you can get a sense of just how stupid they really are and how they are telling their listeners lies. But you have to know the TRUTH first to gage their lies against something. Of course, this TNT Tony idiot has been my challenge all along. Someone needs to be sore spot in his ass that each time he moves he gets the prick of the thorns of his lies. He is an idiot. How can anyone follow him?

More news….

PARLIAMENTARY FINANCE FAVORS THE VOTE ON THE BUDGET ON TUESDAY AFTER DEDUCTING THE REGION’S SHARE WITHIN 48 HOURS

On Saturday, the Parliamentary Finance Committee suggested passing the budget next Tuesday after resolving the dispute over the region’s share within the next 48 hours and fixing it in the budget.

More news….

LEGISLATION OF THE BUDGET LAW WILL REVEAL THE START OF IMPLEMENTATION OF THE CHINESE AGREEMENT

Advisor to the Iraqi Prime Minister Mazhar Muhammad Salih  said that the legislation of the budget law will reveal the start of implementation of the Chinese agreement.

Saleh added to the Iraqi News Agency (INA) today, Saturday, that project funds in the framework agreement with China are stabilized through the credit facilities provided by the Chinese side to the investment projects contracted, according to the same agreement, in the interest of Iraq, especially when oil revenues are low and Iraq's share in The same Iraqi-Chinese fund.

More news….

THE NATIONAL: IRAQ TO REDUCE 50% OF OIL PRODUCT IMPORTS BY YEAR-END

(2/14/21)

Iraq plans to slash 50 per cent of its import requirements for petroleum products such as gasoline and gas oil by the end of 2021, according to the country's oil minister. "BY THE END OF 2023, IRAQ WILL NOT NEED TO IMPORT ANY GASOLINE OR GAS OIL ...," Ihsan Ismael told the Iraq Oil Report website on Tuesday. Iraq's dependence will be reduced following capacity increases in the Nassiriya, Dhi Qar, Basra, Shuaiba, Baija and Karbala refineries.

(Mnt Goat – the WOW part of this article is what happens in 2023 just less then 3 years from now – I quote – “BY THE END OF 2023, IRAQ WILL NOT NEED TO IMPORT ANY GASOLINE OR GAS OIL”.)

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Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets (  ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks.

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Articles Begin

AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER

Economic expert, Raad Twaij, confirmed that the FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.

Twig said in a statement to the Iraqi National Agency for Sons / NINA /: "The formation of a reform committee by the prime minister is an unprecedented step and an applied aspect of the white paper, and thus the beginning of the restructuring of the Iraqi economy and the analysis of the defects that are centered in the rentier economy and trying to rid the Iraqi economy of gaps and vibrations, especially The recent financial crisis and the World Bank’s expectations for a 12% contraction this year,

noting that "the rise in oil prices above $ 60 a barrel is considered a major contributing factor to support the reform wave and to complete the reform process."

Twig called for the Iraqi economy to be divided into two halves, the first part related to the losing sectors, how to reform it, the winning part, how to deepen it, and the need to rely on human development, which will contribute to expediting the reform process and building new capabilities and structures for the Iraqi economy.

(Mnt Goat – did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.” Yes, an UNPRECEDENTED STEP.)

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A PARLIAMENTARY BLOC: 3 FILES HINDER THE FINALIZATION OF THE 2021 BUDGET

The head of the Bayariq Al-Khair Parliamentary Bloc, MP Muhammad Al-Khalidi, confirmed, Thursday, that 3 files hinder the finalization of the 2021 budget at the present time.

Al-Khalidi told the Information Agency, that "the 2021 budget requires the follow-up of MPs, as it is one of the important laws that will draw important lines for the course of financial and economic performance for the current year and the disbursement of dues to the provinces and the rest of the ministries.

He added, "THE FILE OF THE BENEFITS OF THE KURDISTAN REGION, THE EXCHANGE RATE OF THE DOLLAR AND THE PRIVATIZATION OF STATE ASSETS REPRESENT 3 FILES THAT HAVE NOT YET BEEN SETTLED AND IMPEDE THE PROCESS OF RESOLVING THE BUDGET LAW SO FAR."

Al-Khalidi indicated that "the option of resolving the vote on the budget without an agreement with Kurdistan is possible if there are no results for the ongoing dialogues now."

The 2021 budget law still faces great complications in light of the divergence of opinions regarding important files, most notably Kurdistan's entitlements and the obligations that must be initiated by the federal government.

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THE WORLD BANK: IRAQ IS EXPERIENCING ITS WORST CRISIS SINCE 2003 .. WE PUT A LARGE FINANCIAL PORTFOLIO FOR IT – URGENT

Baghdad today – Baghdad… The Resident Representative of THE WORLD BANK IN IRAQ, RAMZI NUMAN, CONFIRMED THAT THE BANK SUPPORTS THE IRAQI GOVERNMENT IN SEVERAL DIRECTIONS TO GET OUT OF THE CURRENT ECONOMIC CRISIS, and that THERE IS GREAT SUPPORT FOR THE WHITE REFORM PAPER ADOPTED BY THE GOVERNMENT IN ORDER TO GET OUT OF THE CRISIS, and while he called for comprehensive reform in the Iraqi banking sector He stressed that the Iraqi society is a “youth society” that can revive the country if its energies are properly and seriously invested.

In his interview with the semi-official Al-Sabah newspaper, Numan said, “It must be pointed out first that the experience and history of the World Bank to work with the government and people of Iraq extends over a long history full of projects that have been jointly worked on. And more closely with the Iraqi government to face the emerging and accumulating crises that are added to the existing problems in Iraq, and the consequent decline in oil prices, protests, the Corona pandemic and its health, economic and social consequences that have formed a great burden on the country.

He continued, “These conditions that Iraq is going through are the worst since the year 2003 on a unilateral economy that depends on oil, and there is a fact that all this left great burdens that were reflected in the ability of the Iraqi government to deal with emergency needs.

He explained, “The World Bank has set up a very large financial portfolio file for the projects it implements in Iraq, and this portfolio is directed to several destinations, whether reconstruction projects for areas liberated from” ISIS “gangs or to face the social crises that have arisen from this matter, in addition to some other projects. Which is working on structural reforms in the economy, and we are working hard with the government to approach solutions to emergency crises and keep pace with the reform white paper initiative proposed by Prime Minister Mustafa Al-Kazemi.

*************************************************************

THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW

 The head of the parliamentary Dawa party bloc, Khalaf Abdul Samad Khalaf, called for reducing the dollar exchange rate and including this in the draft federal budget law.

Abdul Samad said in a tweet to him on Twitter: “With the rise in the price of oil, we stand by the popular calls to reduce the exchange rate of the dollar and include this in the budget to be applicable, and we affirm that the citizen’s economic level is a red line that cannot be crossed.”

(Mnt Goat – so some of the pary blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”. )

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A DEBATE RELATED TO A LEGAL SOLUTION THAT “FORCES” THE CENTRAL BANK TO RE-PRICE THE DOLLAR AFTER “PARLIAMENT'S SILENCE” .. WILL IT WORK?

Citizens and shopkeepers in the Iraqi market began to get fed up with the issue of raising the exchange rate of the dollar and reducing the value of the Iraqi dinar opposite it, after its effects began to appear clearly, on the decline of purchasing activity and THE COMPLAINTS OF SHOP OWNERS ABOUT THE DECLINE IN THEIR INCOME AND THE WEAKNESS OF THE PURCHASING MOVEMENT BY CITIZENS.

THE MOVE TO REDUCE THE DINAR AND RAISE THE DOLLAR RAISED THE PRICES OF VARIOUS MATERIALS, EVEN THOSE MANUFACTURED LOCALLY, WHICH LED TO THE RELUCTANCE OF CITIZENS TO BUY AND MAKE THEIR PURCHASES only for necessities.

Hence, THE QUESTION ARISES ABOUT THE POSSIBILITY OR WAYS TO RE-PRICE THE DOLLAR, WHETHER BY POLITICAL OR LEGAL MEANS.

Either by political means or through the House of Representatives, the Parliamentary Finance, Economy and Investment Committee closed this section permanently, as a member of the Parliamentary Economic and Investment Committee, Salem Tahmir al-Tufayli, confirmed the fixation of the dollar exchange rate against the Iraqi dinar in the 2021 budget as sent by the government.

Tufayli said in a press statement, "THE BUDGET SENT BY THE GOVERNMENT IS BASED ON THE EXCHANGE RATE OF 1450, AND IT HAS REMAINED THE SAME AND HAS NOT UNDERGONE ANY CHANGE IN THE RECENT AMENDMENTS."

He added, "The government wanted to put the House of Representatives in front of a fait accompli, which is fixing the price of the Iraqi dinar at a value of 1450 against the dollar, a decision that does not carry any economic justification in the local market. ”

What about legal methods?

After closing the door on political or parliamentary interference to return or reduce the new dollar price, questions arise about the possibility of obtaining a new rescue outlet, represented by legal methods by filing a lawsuit against the Central Bank to re-quote.

The head of the Jurists Union in Diyala, Hussein Al-Taie, revealed the possibility of filing a lawsuit against the Central Bank to restore the exchange rate of the dollar to what it was, as Al-Taie said in a press statement followed by "Yass Iraq", that "determining the value of the exchange rate for the dollar against the dinar is one of the exclusive powers The Central Bank of Iraq, being responsible for the monetary policy in the country and the law according to its various contents, allows it to regulate and determine the exchange rate for economic requirements, whether its decision is correct or wrong, as it is the one who bears responsibility and is entitled to be questioned by Parliament as it is the highest legislative body in the country and has the right to control all institutions The state, including the financial one.

Al-Taie added, "It is not possible to file a lawsuit against the Central Bank to return the exchange rate of the dollar to what it was, because determining the price is an exclusive right of the bank, such as the exercise of a ministry or a specialized sectoral body concerned with its powers, meaning that the matter is related to the exclusive powers and it is the right of the central bank."

He pointed out that “the Iraqi judiciary intervenes through the existence of a case, and the latter must have a legal basis if it does not exist and is missing basically how will the judge rule,” noting that “even if it is lifted, the response of the Central Bank or its representative will have exercised its exclusive powers according to the law. He did not violate its provisions.

(Mnt Goat- so let me quote from this article- “THE BUDGET SENT BY THE GOVERNMENT IS BASED ON THE EXCHANGE RATE OF 1450, AND IT HAS REMAINED THE SAME AND HAS NOT UNDERGONE ANY CHANGE IN THE RECENT AMENDMENTS." So I ask these intel gurus this – Where is the new revalued rate in the budget? So we see they have been lying to you all along in saying the new rate is in the budget. No it is NOT! However this does not mean that according to the “white papers” that they do not implement the “project to delete the zeros” later this year to satisfy a reform requirement in it later. We also hear in another article included today that the Worll Bank, and IMF is going to support the White Paper reforms. So hand in there. We know this step is in the White Paper and so they will complete it. )

*************************************************************

THE IRAQI PRIME MINISTER REVIEWS THE STEPS FOR ECONOMIC REFORM AND THE PREPARATION OF THE WHITE PAPER

Mustafa Al-Kazemi, Prime Minister of Iraq, reviewed the latest developments related to government steps in the field of economic reform, the completion of the white reform paper, and the inclusion of related concepts in the general federal budget law.

This came during his meeting, today, Saturday, with ambassadors of the countries of the Economic Contact Group in support of Iraq, according to a statement from the Media Office of the Prime Minister.

Al-Kazemi stressed the importance of government measures to address the chronic problems plaguing the Iraqi economy, and their link to corruption and mismanagement.

The Prime Minister said: The reform paper carries a future vision towards building an advanced Iraqi economy that stimulates local production in the industrial, agricultural and other sectors, provides job opportunities, and optimizes Iraq's human and material energies.

Al-Kazemi also indicated that the government is proceeding with steps to combat corruption despite the great pressures that hinder this file as a result of harming the interests of those who have been living illegally on state resources for many years.

Volume

The Prime Minister stressed the need to activate the outputs of international conferences held in this regard, in order to turn into concrete steps in the interest of the Iraqi economy, and to provide a decent life for the citizen.

The ambassadors of the countries of the Economic Contact Group, HEADED BY GERMANY AND THE EUROPEAN UNION, IN ADDITION TO THE WORLD BANK, PRAISED THE IMPORTANCE OF THE STEPS TAKEN BY THE GOVERNMENT TO IMPLEMENT REFORM, AND EXPRESSED THEIR WILLINGNESS TO WORK ACCORDING TO THE PRIORITIES SET BY IRAQ TO SUPPORT THE REFORM PROCESS and anti-corruption efforts.

*************************************************************

A DEBATE RELATED TO A LEGAL SOLUTION THAT “FORCES” THE CENTRAL BANK TO RE-PRICE THE DOLLAR AFTER “PARLIAMENT'S SILENCE” .. WILL IT WORK?

February 14, 2021

Citizens and shopkeepers in the Iraqi market began to get fed up with the issue of raising the exchange rate of the dollar and reducing the value of the Iraqi dinar opposite it, after its effects began to appear clearly, on the decline of purchasing activity and the complaints of shop owners about the decline in their income and the weakness of the purchasing movement by citizens.

The move to reduce the dinar and raise the dollar raised the prices of various materials, even those manufactured locally, which led to the reluctance of citizens to buy and make their purchases only for necessities.

Hence, the question arises about the possibility or ways to re-price the dollar, whether by political or legal means.

Either by political means or through the House of Representatives, the Parliamentary Finance, Economy and Investment Committee closed this section permanently, as a member of the Parliamentary Economic and Investment Committee, Salem Tahmir al-Tufayli, confirmed the fixation of the dollar exchange rate against the Iraqi dinar in the 2021 budget as sent by the government.

Tufayli said in a press statement, "The budget sent by the government is based on the exchange rate of 1450, and it has remained the same and has not undergone any change in the recent amendments."

He added, "The government wanted to put the House of Representatives in front of a fait accompli, which is fixing the price of the Iraqi dinar at a value of 1450 against the dollar, a decision that does not carry any economic justification." In the local market. ”

What about legal methods?

After closing the door on political or parliamentary interference to return or reduce the new dollar price, questions arise about the possibility of obtaining a new rescue outlet, represented by legal methods by filing a lawsuit against the Central Bank to re-quote.

The head of the Jurists Union in Diyala, Hussein Al-Taie, revealed the possibility of filing a lawsuit against the Central Bank to restore the exchange rate of the dollar to what it was, as Al-Taie said in a press statement followed by "Yass Iraq", that "determining the value of the exchange rate for the dollar against the dinar is one of the exclusive powers The Central Bank of Iraq, being responsible for the monetary policy in the country and the law according to its various contents, allows it to regulate and determine the exchange rate for economic requirements, whether its decision is correct or wrong, as it is the one who bears responsibility and is entitled to be questioned by Parliament as it is the highest legislative body in the country and has the right to control all institutions the state, including the financial one.

Al-Taie added, "IT IS NOT POSSIBLE TO FILE A LAWSUIT AGAINST THE CENTRAL BANK TO RETURN THE EXCHANGE RATE OF THE DOLLAR TO WHAT IT WAS, BECAUSE DETERMINING THE PRICE IS AN EXCLUSIVE RIGHT OF THE BANK, such as the exercise of a ministry or a specialized sectoral body concerned with its powers, meaning that the matter is related to the exclusive powers and it is the right of the central bank."

He pointed out that “the Iraqi judiciary intervenes through the existence of a case, and the latter must have a legal basis if it does not exist and is missing basically how will the judge rule,” noting that “even if it is lifted, the response of the Central Bank or its representative will have exercised its exclusive powers according to the law. He did not violate its provisions.

*************************************************************

DEPUTY: THE DEVALUATION OF THE DINAR DID NOT ACHIEVE ECONOMIC FEASIBILITY AND ITS CONSEQUENCES ARE SERIOUS

A member of the committee monitoring the implementation of the government program and strategic planning, Enaam Al-Khuzaie, confirmed today, Sunday, that the continued devaluation of the dinar in the financial budget will cause the crushing of the vulnerable classes.

In a statement, Al-Furat News received a copy of it, Khuzaie said, "After two months of devaluing the Iraqi dinar for development reasons, as announced by the government, the allegations of revitalizing the national product have not been realized. Rather, price levels have risen for all imported and national goods due to the latter's dependence on mostly imported production inputs. Pointing out that "the amendments to the draft budget law did not include a change in the exchange rate, despite its inclusion in the text of the draft budget."

She added that "the initiation of the devaluation of the dinar for developmental reasons needs many introductions that Iraq is unable to achieve a small part of it in the short term," noting that "reducing the value of the dinar in a deflationary situation increases the economic situation and threatens to widen the depth of the existing recession and generate inflationary waves that crush low-income classes." Seriously, especially with the weak social protection programs needed to absorb the impact of the exchange rate shock on the vulnerable classes.

Al-Khuzaie explained that "the goal of reducing the exchange rate of the dinar was dual and with financial and monetary motives, as the financial motives were represented in the government's desire to maximize oil revenues in dinars to reduce the size of the financial deficit."

 She noted that "the monetary motives were the desire of the central bank to reduce its sales of dollars to the market, which is what has been achieved now at the expense of high prices."

And she believed that, instead of reducing the value of the dinar, it would have been more effective to reduce current spending and reduce the sources of demand for the dollar to maintain price stability and limit the depletion of the dollar reserve at the central bank instead of reducing the value of the dinar in order to maintain the greed of current spending and sacrifice price stability in Iraq, Expressing its grave concern over the failure of government performance to achieve its set and planned goals.

Al-Khuzai called for "avoiding the negative effects resulting from the devaluation of the dinar by adjusting the exchange rate in the federal budget 2021 and in a way that suits the living standards of the poor and low-income people, calling for an amendment to the exchange rate policy, as was previously done in Article 50 of the 2015 budget when the House of Representatives set dollar sales with a ceiling." $ 75 million with equity in the sale.

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Articles End
RamblerNash
RamblerNash
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