MORE NEWS! Iraqi Parliament Passes the 2015 Budget!

Happy Thursday Dinarians!

Here are MORE Iraqi News Articles CONFIRMING the Passage of the 2015 Budget! Please note that these were sent to me by the IQD Team to share!

The 2015 Iraqi Budget PASSED Today!

Urgent .. published the text of the 2015 budget law

Thursday, December 29 2 / January 2015 21:41

Published by all of Iraq [where] the text of the draft budget law for fiscal 2015, which passed the House of Representatives at its meeting Thursday.

Click here for Budget
http://ar.parliament.iq/CP/Websites/Laws/Documents/moazanh-2015.pdf

“Khandan” published the text of the federal budget for fiscal year 2015 Act
9:48:  01/29/2015

http://xendan.org/arabic/drejaA.aspx?=hewal&jmara=9129&Jor=2

Khandan – House voted nine minutes of the second legislative term legislative Psonth the first held under the chairmanship of Salim al-President of the Council and in the presence of 259 deputies on Thursday, 01/29/2015, the draft federal budget law for 2015.According to the information department of the House of Representatives in a statement obtained ” Khandan “a copy of it, it’s the beginning of the meeting stressed the importance of al-Jubouri, approving the budget, after a long wait for the Iraqi people have and the consequent delay of significant damage, pointing to the keenness of the House of Representatives to approve the budget, praising the role of the Finance Committee to overcome the problems that have occurred in the vote on the budget After that contributed to the intensive meetings between the parliamentary blocs and the Finance Committee accomplished. Then the Council voted on the budget of the House of Representatives for the financial year 2015, amounting to 424 000 000 000 and 825 482 000 dinars.The Council also voted to balance the Supreme Judicial Council for the financial year 2015, amounting to 411 000 000 000 and 837 534 000 dinars As the voice of the UN High Commissioner for Human Rights for the fiscal year budget in 2015 of $ 20 billion and 600 million dinars. and completed the Council vote on the draft federal budget law for 2015 and submitted by the Finance Committee.The estimated federal budget for fiscal year 2015 revenues of $ (94,048,364,139) thousand dinars, where they are Revenue from export of crude oil is calculated based on the average price of $ 56 dollars per barrel and the rate of export of (3300000) barrels per day, including (250,000) barrels a day on the quantities of oil produced in the province of Kurdistan and (300,000) barrels of crude oil volumes through Kirkuk province. The allocated budget amount of $ 119585322783 thousand dinars for the expenses of the fiscal year 2015 with the planned deficit of the budget 25,401,235,783 thousand dinars and cover the deficit of the internal and external borrowing and amounts retained cash in the Ministry of Finance account. For his part, congratulated the President of the House of Representatives on behalf of the Presidency and the House of Representatives of the Iraqi people on the occasion of the adoption of the financial budget for 2015, pointing out that the adoption of the budget has been over one month for the first time since 2003. Then the Presidency decided to adjourn the meeting.

Click here to view the text of the financial budget for the current year law

http://ar.parliament.iq/CP/Websites/Laws/Documents/moazanh-2015.pdf

Have a GREAT Thursday, and please PLEASE remember that the “Hack” Gurus will not be correct in their calls for the “RV” now happening because the Budget Passed!  

They (i.e. Tony TNT, Blaino, Okie Oil Man, Randy Koonce, Dan @ PTR) have been wrong year after year – look it up for yourself – they are wrong about it, and they will LIE to you about it, just to get you to buy more IQD Dinar from their favorite (or implied favorite) Dinar Dealer!

Is the passage of the Iraqi Budget Important – Heck Yes – and it DOES get us closer to Political Stability since it now proves that they CAN pass important and vital laws!  It also paves the way for the Oil Revenue Sharing with the people of Iraq (i.e. Article 140 and Erbil Agreement)!

I REALLY ENCOURAGE YOU TO LISTEN TO THE IQD TEAM’S CALL Tonight – here is the Time and Phone Info: LINK

~ Mr. IQD

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News! The 2015 Budget Passed!!!!

This news is from The IQD Team – thanks friends!

Link: http://www.theiqdteamconnection.com/iraq-news/jubouri-hails-passage-of-the-budget-and-confirms-iraq-has-not-seen-since-2003-the-law-was-passed-during-the-month

Hey – I’ve got an idea….
Let’s all drop everything we are doing and go join the Iraqis who are “Dancing in the Streets”…. LOL!!!!

Seriously – here is the news:

Jubouri hails passage of the budget and confirms: Iraq has not seen since 2003, the law was passed during the month
1/29/2015 0 Comments

The head of the House of Representatives Saleem al-Jubouri, on Thursday, that Iraq has not seen since 2003 to pass the federal budget bill within one month, praising the efforts of the Board to adopt the current year budget. Jubouri said during the ninth meeting of the Council in the second legislative session devoted to the adoption of the budget, which was held this evening, and followed up with “Alsumaria News”, “Iraq has not seen since 2003, passed the federal budget for the current year law within one month.”
He praised al-Jubouri, the “efforts of the members of Parliament to pass that led to the current year’s budget.” The House voted during its meeting held on Thursday evening (January 29, 2015), the draft federal budget for the current year worth in excess of Al119 trillion dinars and a deficit of about 25 trillion, while the voice to determine the price of a barrel of oil in the general budget for 2015 on the basis of 56 dollars. http://tinyurl.com/p584w39

Have a GREAT Thursday!

~Mr. IQD

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News! Budget Passing “Paragraph by Paragraph”

Happy Thursday Dinarians!

I called Deb at The IQD Team this morning in my way in to work.

The Budget is being Voted on and Passed – Paragraph by Paragraph – we know they are up to Article 26 out of 41 Total.

The Article 15 for the Kurds to get their 17% share of the oil revenue has been approved –

That was a MAJOR Sticking point that Maliki and his cronies had been fighting!!!

As I get more relevant news on this Budget passing – I’ll share it here as soon as possible!

REMINDER – The passing of the Budget is just another step forward for Iraq – yet while being VERY SIGNIFICANT – it is NOT the RV as the hack Gurus like Tony TNT and Okie will be trying to sell you!

TTYL,
~ Mr. IQD

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NEWS!!! The Budget will be APPROVED Tomorrow!

LETS FRIGGIN HOPE FOR THIS “MIRACLE”….

@TheIQDTeam: Parliamentary Finance: the budget will be approved tomorrow smoothly and quietly and we resolve all disputes th… http://t.co/RN0AkIxMAT/s/d6J8

~ Mr IQD

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HOT!!! CBI lends Iraq the IQD to Pass the Budget

HAPPY TUESDAY DINARIAN FRIENDS!

READ THE LAST PARAGRAPH —-

Central Bank announces funding the state budget six trillion dinars and five others to support the commercial banks

According to a statement of the bank and agency {Euphrates News} received a copy of it today, that “in line with the central bank tasks and responsibility in supporting the development and stimulate the Iraqi economy and in light of the financial challenges faced by the country and approved by the Board of the Central Bank, among other proposals made by the bank’s board, is the most important specialized support liquidity of commercial banks in the amount of five trillion dinars; to enable them to provide loans to industrial and agricultural and providing housing and real estate loans in support of economic activity and job creation. ”
“The Council also decided to finance the state budget with a loan amount of six trillion dinars run through 50% of the commercial banks’ reserves deposited with the Central Bank of Iraq.”
The statement said that “the Board decided to buy back treasury bonds from the secondary market, where the central bank will buy about five trillion dinars in the first phase of that bond, note that the above procedures for upholding the Central Bank’s reserves.”
Iraq has been going through a financial crisis due to lower global oil prices, which have negatively impacted on the state budget and a deficit in it. ”

— LAST PARAGRAPH —
With Congress likely to be next Thursday as the date to vote on the 2015 budget that after a round of discussions and actions to reduce the deficit .

LINK: http://translate.googleusercontent.com/translate_c?depth=2&nv=1&rurl=translate.google.com&sl=auto&tl=en&u=http://wwww.alforatnews.com/modules/news/article.php%3Fstoryid%3D75353&usg=ALkJrhhFkPTNNk0-o6YvgdxHVSHa_VuDMA

SO MY TAKE IS THAT THE CBI WILL LEND THE MONEY ONLY IF THE BUDGET IS PASSED THURSDAY!!!!

I FRIGGIN HOPE SO!!!
~ Mr. IQD

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More BREAKING on the Swiss Franc – READ THIS!!!

Hello again Dinarian Friends,

Wow – the News today is MONUMENTAL about the Swiss Franc – it went up 40% today causing CONTROVERSY – check out this BLOOMBERG article

Chaos over the Swiss Franc | Credit: Bloomberg

Mayhem Erupts on Trading Floors After SNB’s ‘Currency Shocker’
By Julia Verlaine Jan 15, 2015 1:43 PM ET
At 9:30 a.m. today, trading floors across the City of London erupted.

Outbursts of obscenities and confusion followed the Swiss central bank’s surprise decision to abolish its three-year-old policy of capping the Swiss franc against the euro, according to traders in London’s financial district. The U-turn sent the franc as much as 41 percent up against the euro, the biggest gain on record, a move that one trader estimated may cause billions of dollars of losses for banks and their customers.

Dealers at banks including Deutsche Bank AG (DBK), UBS Group AG (UBSG) and Goldman Sachs (GS) Group Inc. battled to process orders amid a flood of customer calls and trade requests, according to people with direct knowledge of the events. At least one electronic currency-trading system temporarily halted transactions, adding to the mayhem.

“This is the biggest currency shocker in years and it’s likely to create more volatility in the short term,” said James Stanton, head of foreign exchange at deVere Group, a financial adviser that oversees about $10 billion. “Trading positions are extremely vulnerable and volume has gone through the roof.”

Deutsche Bank was among currency dealers to suffer disruptions to … CONTINUE READING

 

Also be sure  to read my earlier post today on this and asking the question of where were our Hack Gurus (Tony TNT, Okie Oil Man, etc.) with their “insider info / intel” on the Swiss Franc?  Don’t they always claim they have “high-level” intel on the Iraqi IQD Dinar?  So, why not now?  I’m sure they will come up with a reasonable lie for you to swallow hook-line-and-sinker! [LINK]

~ Mr. IQD

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HOT!!! The Swiss Franc “peg” removed today!!! Where were the Hack Gurus?

Happy Thursday Dinarians!

Hey, this is pretty amazing, the Swiss removed the Peg on their Swiss Franc (CHF) currency yesterday, and it shot up in value against the Euro. Some currency traders are probably instant Millionaires because of this.

The funny thing is, there is no HACK GURU “fan fare” – NO “dancing in the streets” – NO “boots on the ground” – NO “PTB” with “Insider Info” – NO “NDAs TO SIGN”!!!

The Swiss Franc | Image Credit: Wikipedia

QUESTION: If the “connected” Hack Gurus like Tony TNT, Okie Oil Man, Adam Montana, Blaino, etc are so well connected with their “Global World Power INSIDERS” within the Treasury, IMF, BIS, World Bank or whatever lie they wish to tell you – WHY didn’t they leak the un-pegging of the Swiss Franc to you and me? – Heck we all could be seriously wealthy today if they had!!!  Maybe they are not connected as well as they want you to believe.  

Now of course the Hack Gurus will come up with some fancy lie that will convince many of you, but hopefully a few of you will really think seriously about this question of “why didn’t their connected “powers to be” people tell them, and they tell me!”

FRIENDS, THIS EVENT IN SWITZERLAND JUST HAPPENED – SIMPLE AS THAT!!!

I BELIEVE THE IRAQI IQD WILL HAPPEN THE SAME ONE DAY IN THE FUTURE!  WE WILL WAKE UP AND READ ABOUT IT ‘OUT OF THE BLUE’ – JUST LIKE THE SWISS CENTRAL BANK JUST DID WITH THEIR SWISS FRANC!!

HERE ARE THE LINKS TO THE NEWS STORIES:

Switzerland stunned markets Thursday by allowing its currency to trade freely against the euro.

AND

Switzerland Stuns Markets by Giving up on Currency Peg

Have a GREAT Thursday Friends!

~ Mr. IQD

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