Mon. AM TNT News Articles/Thoughts 5-31-21

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TNT

Fullsail:
A Day of Rememberance… For Those Who Gave Their All defending and supporting our way of life in the most special country on earth, all due to our Founding Fathers’ wisdom creating the foundations that brings us to where we are today. Blessings Always to all those who sacrificed for our Freedoms. We Remember

Tishwash:
A large Kurdish delegation arrives in Baghdad to follow up on the implementation of the region’s share of the budget

A member of the Kurdistan Alliance, MP Ahmed Al-Saffar, confirmed, on Sunday, the arrival of a large Kurdish government delegation to Baghdad today.

Al-Saffar told the official agency, and “Nass” followed him (May 30, 2021), that “a large government delegation from the region will arrive today in Baghdad to meet government officials exclusively.”

He explained that “the purpose of the visit is to meet to follow up on the implementation of Article 11 of the budget law on the share of the Kurdistan region, and there will be three parties present: the Federal Ministries of Finance and Oil and the Office of Financial Supervision.”

The Kurdistan Democratic Alliance had confirmed, last Friday, that the Kurdistan Regional Government handed over all data related to the numbers of employees, oil, revenues and outlets to the federal government.   link

Iraq achieves the highest revenues by selling oil since the end of 2019 – Urgent

Today, Monday, the Parliamentary Oil and Energy Committee revealed that Iraq has achieved the highest amount of .oil exports since 2019 until now 

A member of the committee, Ghaleb Muhammad Ali, said in a statement received (Baghdad Today), that “Iraq sold its crude oil during the current month at 62 dollars, and sales revenues amounted to about 5.5 billion dollars, which is the highest in the country’s revenues since the end of 2019,” noting that ” This amount when transferred amounts to 8 trillion dinars, in addition to other non-oil revenues, which amounted to one trillion dinars, bringing the number to 9 .trillion dinars entered into the Central Bank of Iraq during the current month

He added that “the presence of these sums makes us see the conditions of the Iraqis and the economy better, but what exists on the ground is the opposite, so we see that the Iraqi economy is unstable and there is a continuous rise in the exchange rates of the dollar in the markets, which negatively affected the market and consequently on the life .of the Iraqi family despite the presence of many Revenue from the sale of oil

He added, “The Central Bank of Iraq is not able to control the dollar exchange rates, and there is a continuous rise within a few days, which calls for opening an investigation by the government about what is happening in this bank’s defect and the rapid increase in the exchange rates of the dollar and the possibility of removing it from his position “.and choosing people worthy of this position. Who controls all of Iraq’s money

He admitted that “there are cases of corruption in the central bank, especially in the dollar sale window, since the exchange rates amount to 145 thousand dinars for the 100-dollar banknote, while in exchange shops it reaches 150 thousand dinars, stressing that this difference between buying and selling prices is from a share.” The parties that will “.use the people’s money in the upcoming elections

He explained that “the central bank must adopt a monetary policy whereby it can maintain stable dollar prices, as it is “.affecting the lives of citizens, and take a position away from the parties, as it is currently under their control.   link

Source: Dinar Recaps

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