“Is it that Difficult?” – Sun. PM KTFA Thoughts/News 5-28-23




Clare » May 28th, 2023

Parliamentary Finance determines the nature of suspending its meetings: “The State Administration” will take over the matter


On Sunday, a member of the Parliamentary Finance Committee, Faisal Al-Naeli, determined the nature of the suspension of the committee’s meeting, while he revealed a move by the State Administration Coalition to hold a meeting tomorrow, Monday, to resolve the dispute over the general budget.

Al-Naeli explained, in a press interview seen by “Takadam”, that “the committee did not stop its work as much as it postponed its meetings for the purpose of giving an opportunity for the State Administration Alliance to discuss articles related to the Kurdistan region.”

He added, “The State Administration Alliance will hold a meeting this evening or tomorrow, Monday, to discuss and resolve the budget, after which a date will be set for approving the general budget law.”

Earlier in the day, the Minister of Finance and Economy in the Kurdistan Region, Awat Sheikh Janab, considered that any changes to any article in the federal financial budget outside the agreements concluded between Erbil and Baghdad are considered “illegal.”   LINK




Ryan1216 » May 28th, 2023

Not to sound negative but is it really that difficult to pass the budget?

Godson » May 28th, 2023

Imo… No problem with Kurdistan = keep having meetings. No problem with the budget = just haven’t announced it. No problem with the rate = just haven’t changed it…

Zeeman » May 28th, 2023

As frank stated many times do not worry about the budget …only the rate

Butchb » May 28th, 2023




I thought I remember Frank stating that it’s possible that we will see another rate change possibly 1300 before we would see it go 1 to 1 if I’m not mistaken 1300 is another rate change

DeepWoodz » May 28th, 2023

Imo Hi Butch, currently the rate is 1300 (1310). Frank was expecting circa 1000 at one time. I don’t know if that’s still his opinion.

I have my own opinion that’s different. No one can tell me why on earth they chose 1310 to start with. Honestly they could have done better….UNLESS they have to prove themselves to the IMF, World Bank, the world. Work their way up. I don’t understand why they would with their PROVEN wealth ie. OIL & MINERALS

I mean they went from 1160-1190 to 1460. Now back only to 1310?? This has never made sense. 

If the citizens trust was so important then you would give them something worth having. NOW.

Source: Dinar Recaps


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