Clare:  An economist told Nina: If there are no financial amendments in Parliament, the budget will be passed today


The specialist in economic affairs, Durgham Muhammad Ali, confirmed that the amendments and transfers of funds without fundamental amendments will not delay the approval of the budget.

Muhammad Ali said in a statement to the National Iraqi News Agency ( NINA ) that “only the amendments with a financial side can delay the approval of the budget, as it requires returning it from Parliament to the government again to make the amendments and vote on them governmentally again and return them to Parliament again to discuss them again.” .

And between, “Transfers and formal amendments do not require these steps, so the budget will be passed if its amendments are only formal.”

Parliament had started yesterday with the second reading of the Federal Budget Law. LINK

DoTalkToMe:  It has been looking like Iraq is signaling to the global banking system to be prepared and ready to do business with Iraq. Does anyone else feel this, or am I off track

DeepWoodz:  Imo  CBI governor and Mrs. Sami the minister of finance and financial delegation spent last week with the US treasury, the World Bank, and the IMF in Washington. Pretty much the whole week. I believe we are being told….without being told.

Clare:  The House of Representatives keeps its session open and resumes it in the evening

27 minutes ago

The House of Representatives decided, on Monday, to keep its session open, to be resumed at nine o’clock in the evening.

The media department said in a statement that “the House of Representatives keeps its session open and resumes it at nine o’clock in the evening.”

The House of Representatives resumed on Monday afternoon, its open session held on Sunday evening to discuss and read the second draft federal budget bill.   LINK


Henig:  The parliamentary economy is likely to approve the budget before Eid

{Politics: Al-Furat News} The Parliamentary Economy Committee is likely to approve the federal budget law within the House of Representatives before Eid Al-Fitr.

Committee member Kazem al-Fayyad told Euphrates News: “The budget law will be resolved within days from now.”

“There is a possibility that it will be approved before Eid al-Fitr if discussions continue,” al-Fayyad said.

Since yesterday evening, the parliament began the second reading of the draft financial budget law and kept its session continuing with the opening of the debate to deputies.
The House of Representatives kept its session open to resume at nine o’clock on Monday evening.

By: Raghad Daham   LINK



CandyKisses:  The International Astronomy Center determines the first day of Eid al-Fitr

Follow-up – Mawazine News

The Abu Dhabi-based International Astronomy Center predicted that Eid Al-Fitr for the year 1444 AH on Saturday, April 22.

The astronomical body said its predictions were based on information Astronomical, and the exact date of Eid will only be confirmed by the concerned authorities based on Visibility of the new crescent.

On Thursday, April 20, 2023, the Islamic community is investigating The crescent of Shawwal, but according to the center’s observation, will not be visible to the naked eye from anywhere in the The Arab and Islamic world.

The authority said in a statement that “the sighting of the crescent on Thursday It is not possible to use a telescope in most countries of the Arab and Islamic world except for parts of the West Africa starts from Libya, but detecting it remains very difficult and requires a precise telescope. Professional observation and exceptional weather conditions. The occurrence of all these factors is rare. Therefore, the crescent is not expected to be seen even using a telescope from anywhere in the Arab world except in the circumstances mentioned.”

Therefore, since the sighting of the crescent is a prerequisite for the beginning of the month, it is Eid al-Fitr is expected to be on Saturday, April 22. But the International Astronomy Center urged People are reporting any sightings of the crescent moon as of Thursday.


Mnt Goat  …I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar.  I am…using…solid FACTUAL data from the articles.  Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”… He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank… Folks, it can’t get any better!!

Frank26  Article:   “Saleh: Iraq’s exit from the list of the most indebted to the “International Monetary” is an attractive factor for investment”  Quote:   “Salih, considered that Iraq’s exit from the list of countries most indebted to the International Monetary Fund is an attractive element for investment, as it greatly raises the creditworthiness of Iraq”


Debt Market Instability Returns As The World Economy Craters Even FASTER…

Greg  Mannarino:  4-17-2023