In Uncategorized 

Frank26:  KTFA FAMILY ………. They pass BUDGETS ……….. Because they have LAWS. These same LAWS along with a few extra ones is also allowing them to LEGALLY enter an INTERNATIONAL STATE of CONDITION……….. Of ACTION.

Dnari131:  Great to see the announcement in INK for everyone to take notice =)

IMF completed an agreement to control Iraq’s economy  12-15-2015

Director of the Middle East Department Masood Ahmed at the International Monetary Fund announced that the Fund will put the finishing touches in the coming days an agreement with Iraq on a program to monitor the country’s economy.

Masood said on the sidelines of a conference in Dubai that the monitoring program will track the actual performance of the Iraqi authorities that may lead to agreement on a program of funding for next year.

This had been approved by the Iraqi authorities earlier last month that the IMF monitors Baghdad’s economic policies through the program, which aims to cut spending and reduce the deficit in the Iraqi budget.

Frank26: Dnari131-  LOOK at Your CC NOTES:   We called it …………… “A Contract”.
TA DA . KTFA   Frank


Frank26:  Heinz had Anticipation.We have ………………… EXPECTATIONS.
KTFA Frank……. Family …. With things the way they are getting to be ……… You should SEE the GUEST LIST we will have tonight. LOL ………. They want me to talk. For You are not the only ones to have understanding ……….. Now.


Walkingstick:  Learn important details in the budget of 2016

By Mohammed Emad 16/12/2015 11:20 |

Learn important details in the budget of 2016

Brother – Baghdad
Parliamentary Finance Committee revealed important details of the amendments and transfers in the doors of the draft budget for fiscal 2016 Act.
The Committee had announced yesterday the completion of the preparation and included in the budget session of parliament today for a vote.

She said a member of the Committee of Eminent Majida al-Tamimi, “has been completed the preparation of the budget and there is almost agreed upon, but would not rule out that there are changes in them because of political pressure.”

It showed that “such a transfer was to support displaced people and popular crowd and got other transfers but are not important to remember,” indicating that “these transfers was the abolition of the disarmament and integration of the militias material was transferred 100 billion dinars after it was 200 billion was supposed to be canceled these allocations have been transferred to the crowd and displaced persons. ”

He pointed out, “The prime minister Haider al-Abadi was also surprised these allocations and this matter is also not surprise us knowing it.”

She explained Tamimi, said that “the other half which is 100 billion dinars will be allocated for the salaries of members of the Awakening Councils and the award in Diyala province, but the existence of these councils in other provinces are for electoral purposes because it owns the headquarters of the cars they were sitting in their homes.”

She said: “Some argued to keep these customizations to liquidate these councils and We question the existence of the numbers listed for Awakening and Duana to turn them in the popular crowd, but this collides with an increase of their salaries to more than 500 000 dinars.”

She pointed to the “fee to taxes on products imported Kalmhrobat alcoholic and tobaccos and cigarettes and the imposition of 5% of the car registration.”

She said a member of the financial parliamentary “We expect the activation of customs tariff,” indicating that “disable this tariff to the presence of people influential in imports prevented the implementation of the tariff is significant damage to the product and national industry,” adding that “traders dominating the market are top-ranking politicians,” she said.

And foreign loans in the budget Tamimi explained, “Foreign Alqod remained the same but we have tried to rely on domestic loans.”

He pointed out that “there are materials were added in the budget, and we met the prime minister last Saturday, and approved by, but do not rule out that there will be an appeal, and I personally would like to formally receive such approval and a speech Will you be verbal.”

And balancing the presidency Tamimi said, “has been reduced budget presidency twice and she was 56.4 billion dinars, and where violations degrees career Graduate degree [a] high and the degree of thus been reduced to 54 billion dinars, but two days ago been reduced also to 50 billion dinars, and the reduction of $ 6.4 billion. ”

She added, “also got a reduction on the staffs of functional degrees to reduce the upper class [a] to 23 degrees from the 49 degree either [b] was reduced to 14 degrees of the 26,” praising the “great cooperation from the reductions in the presidency.”

As prime minister, she stressed member of the Finance Committee, “the reduction of grades in the Director of the Office of the Prime Minister,” indicating that “the rules of procedure for prime minister it contains to be director of the Office of the Prime Minister the rank of minister therefore must also be in the presidency and parliament, a minister and that we intercepted it has been reduced degree position to the Undersecretary of the Ministry despite the fact that our desire was reducing it to the director general. ”

She pointed to “the formation of a sub-committee in the parliamentary finance committee to review all the cadres of the state to the presence of her special privileges the higher grades to delete some of them until reaching the ideal number of degrees”.

It showed that “some owners of these higher grades came in accordance with the political quota system and when the audit did not find them circles and there specialization adviser very far from the Protein content in which the place and those we took out a lot of them and has a service shall be retired and does not have the service acted his reward or transferred to place his specialty at the need”.

She continued, “it was the judiciary’s budget being reduced significantly by the Ministry of Finance where she was 570 billion dinars were reduced to 400 billion and this is a very significant reduction,” indicating that “this reduction was from the ministry and the Finance Committee.”

She concluded her speech by saying al-Tamimi “I think that before the vote on the budget in the morning session of the parliament today will present requests for blocks and then gets negotiate and enter the meeting to vote.”




Walkingstick:  Parliament will vote on the budget with 81 trillion dinars and keeps 17% of the Kurds

Date: 12/16/2015 16:00 10

Parliament will vote on the budget with 81 trillion dinars and keeps 17% of the Kurds



Tmellraney:  HI. I know everyone is excited and so am I. But my question is. When do you ( Frank) feel the budget will be published in the Gazette? If possible a time frame

Frank26:  Seconds after it is Officially Voted and approved.
Lets start looking for it tomorrow. KTFA    Frank



Federal Reserve lifts interest rates for first time since 2006

Published: Dec 16, 2015 2:00 p.m. ET


WASHINGTON (MarketWatch) – The Federal Reserve voted unanimously on Wednesday to raise interest rates by a quarter point, marking the first increase in more than nine years. The bank raised its fed funds rate to a range of 0.25% to 0.5%, ending an unprecedented seven-year run of near-zero interest rates. The vote was 10-0.

The board of directors also raised the discount rate to 1% from 0.75%. Looking ahead, the Fed said it will “carefully’monitor” actual inflation in light of ‘current shortfall.” And given current economic conditions, the bank said interest rates are only likely to increase in a “gradual” manner, ending up at a long-run target of 3.5%. That was unchanged from its September forecast


Robdel:  wonder what did Congress get in exchange for passing the IMF reforms? IMO…..I know that a deal must have been made in order to make them move on it.



Walkingstick:  Parliamentary Finance: The government relies on loans to cover the deficit in 2016 budget

Economy and tenders since 12/16/2015 20:11 pm (Baghdad time)

Special – scales News

Said the parliamentary finance committee member Husam punitive, Wednesday, that the government will depend on the internal and external loans and issue bonds to cover the deficit in the budget of 2016.

He said the punitive L / scales News /, that “the government will rely mainly basic internal and external loans and the issuance of domestic bonds to the public and loans from Iraqi banks to cover the deficit in the budget of 2016,” noting that “the government Stlji to the International Monetary Fund and the World Bank to cover the deficit in the worst possibilities

He said the parliamentary finance committee member, said “the House of Representatives adopted the pricing of oil in the previous year, relying on the budgets of neighboring oil-exporting countries, as well as well as dependence on OPEC.”

This “announced virtue block, on Wednesday, 11 Note on 2016 budget after hours of approval in the House of Representatives the most important estimate the price of oil” .anthy 29 / z 3

http://www.mawazin.net/%D8%A7%D9%84%D9% … D8%A9-2016