Tishwash: Parliamentary Finance: The 2024 budget reached 228 trillion dinars
The Chairman of the Finance Committee in the House of Representatives, Atwan Al-Atwani, announced today, Wednesday (March 27, 2024), the size of the 2024 budget, while noting that it amounted to 228 trillion dinars.
Al-Atwani said in a statement received by “Baghdad Today”, “The 2024 budget amounted to 228 trillion dinars.”
On (March 18, 2024), Prime Minister Muhammad Shiaa Al-Sudani chaired a special meeting to discuss the schedules of the federal general budget for the year 2024 .
Al-Sudani’s media office said in a statement received by “Baghdad Today” that “Al-Sudani chaired a meeting devoted to discussing the schedules of the federal general budget for the year 2024, and presenting priorities in the sections of spending and supporting service, economic and social projects, and strategic projects, within the course of the three-year budget (2023, 2024). , 2025 link
Tishwash: Al-Mandalawi calls on Chinese companies for long-term investments and sustainable cooperation in Iraq
Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, on Wednesday, called on Chinese companies to implement long-term investment projects and sustainable cooperation in Iraq, stressing his support for legislating laws that contribute to the influx of solid companies into the country.
Al-Mandalawi said in a statement received by Shafaq News Agency, during his meeting with a number of heads of Chinese companies, that “Iraq is witnessing competition between major reputable international companies for investment in various fields and sectors.”
He stressed “the support of the House of Representatives, through its presidency, its relevant parliamentary committees, and all its members, by legislating laws that contribute to encouraging the flow of sound companies into the country.”
Al-Mandalawi called on Chinese companies to “engage in long-term investment opportunities and create joint and sustainable cooperation.”
The statement added that during the meeting, the projects that Chinese companies are implementing in the fields of energy, infrastructure, roads, bridges, etc. were discussed, and the rates of achievement achieved in them, as well as the challenges they face.
Al-Mandalawi pledged to overcome these obstacles and address them with the relevant authorities. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: “Investing Iraq’s natural wealth is a step towards economic integration“. The next step to integration is here. The estimate of $16-17 trillion in stock capital by itself is massive. The legislation has been put in place for Iraq to use their executive authority to partner with the private sector…That will expand their wealth even further. They will be doing exactly what they said they would do and bring purchase power to their citizens and by extension to investors in and of the Iraqi Dinar. The dinar will be stronger than the dollar and Al-Sudani knows it, Al-Alaq, Taif Sami, Fuad Hussein and the whole MCOE knows it, I sure do too! …No more reliance on just oil is here to stay…
Clare Article: “Natural resources in Iraq…a huge treasure neglected by an “official decision”!” Quote: unfair government decisions have deprived Iraq of huge billion-dollar revenues…It has natural resources … such as oil, natural gas, phosphate, sulfur, and other minerals…Estimations indicate the value of Iraqi natural resources reaches up to 16 trillion dollars…this puts Iraq in a distinguished position among the countries of the world rich in natural resources…For example…Iraq’s possession of 9% of the global phosphate reserve, and phosphate exports can generate tens of billions of revenues annually for the Iraqi treasury.
A SYSTEMIC/GLOBAL MELTDOWN IS GOING TO OCCUR… YOU MUST STAY AHEAD OF THE CURVE ON THIS.
Greg Mannarino: 3-27-2024
Philly Fed Researches A Gold Standard To See If It Would Stabilize Prices
Arcadia Economics: 3-27-2024
