Sat. AM TNT News Articles 12-18-21

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TNT

Tishwash:
An advisor to Al-Kazemi bets the improvement in the value of the dinar on several conditions

Mazhar Muhammad Salih, Advisor to the Federal Prime Minister for Financial Affairs, mortgaged the improvement of the value of the dinar with several conditions that must be met and met.

Mazhar Muhammad Salih said that the improvement in the value of the Iraqi dinar is related to the ability of the economy to grow if significant growth is achieved in the economy and not rent growth, pointing out that expectations indicate a current growth of 2.5%, and this growth parallels the growth of the real population.

He added, that this needs the right development, reducing unemployment, increasing job opportunities, and flourishing investment projects, which encourage and generate income that compensates for oil, and gives sustainability in returns and sustainability with the strength of the economy.

He also showed that there are two important matters, the first is monetary policy that maintains the stability of the exchange rate and creates a stable environment for a long period, and the second is to support investment projects for development and growth, because without growth the situation will be bad  link

Al-Sadr speaks angrily about rampant corruption in a government department

On Friday, the leader of the Sadrist movement, Muqtada al-Sadr, called on the competent authorities to do their work towards the rampant corruption in the Najaf municipality.

 Al-Sadr made it clear in a statement today, (December 17, 2021), that if the competent authorities do not take the necessary measures to end corruption, I will not remain silent about that.  link

Al-Kazemi’s advisor reveals the date for legislating the 2022 budget

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Friday, that the legislation of the 2022 budget depends on the formation of the new government.

Saleh said, to the official news agency, that “the Iraqi fiscal year ends at the end of December 31, 2021, and the effective financial management law begins directly, that is, from the first day of January 2022, with spending at a rate of 1/12 of the actual ongoing expenditures for the year 2021.” 

He added, “This will continue until the issuance of the Federal General Budget Law for the year 2022, at which point the allocations are modified according to the new entitlements included in the legislated budget,” noting that “the legislation of the Budget Law for the year 2022 depends on the date of the formation of the government and the upcoming parliament in all cases.  link

Iraq.. The government is mortgaging the approval of the 2022 budget with an important matter: this is how the expenses will be spent – Urgent

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the legislation of the 2022 budget depends on the formation of .the new government

Salih said, according to government media, that “the Iraqi fiscal year ends at the end of December 31, 2021, and the effective financial management law begins directly, that is, from the first day of January 2022 with spending at a rate of 1/12 of the . “.actual ongoing expenditures for the year 2021

He added, “This will continue until the issuance of the Federal General Budget Law for the year 2022, at which point the allocations are modified according to the new entitlements included in the legislated budget,” noting that “the legislation of the Budget Law for the year 2022 depends on the date of the formation of the .” .government and the upcoming parliament in all cases   link

Source: Dinar Recaps

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