Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
BREAKING NEWS: Kurds to Participate in New Baghdad Government with Five Ministers.
As the new government of Baghdad is being formed, Kurds are ready to participate and have gained a number of important posts, including five top Ministry positions.
The added participation does not come without comprise, though: The Kurdistan Regional Government is to accept a number of stipulations in order to have added participation.
The KRG has been asked to negotiate on the oil case, budget, Peshmerga salary, weapons and the very delicate subject of Article 140 of the Iraqi constitution, which outlines the rights of the autonomous region. Gorran MP in Baghdad Kawa Mohammed told BasNews that it is important to take the formation of the new government of Baghdad very seriously because the Kurdistan Region has had many problems with the previous government in regards to oil, budget, the Peshmerga salary and disputed territories.
The Kurds themselves ask to have at least five ministers in the new government based on the latest parliamentary elections of Iraq: the Kurdistan Democratic Party (KDP) will have two ministers; the Patriotic Union of Kurdistan (PUK) will have two representatives and one minister from Gorran (Change Movement). Smaller Kurdish parties that have a more religious vein will occupy slightly lesser posts.
The head of the KDP list in Baghdad Parliament is Ardalan Noreldin, who exclusively told BasNews that there are a few high profile posts among the ministries that Kurdish leadership must insist on representing. He speculates that Kurds should push for at least one of the Finance Ministry, Oil Ministry and Foreign Relations Ministry.
“The Deputy Prime Minister must be for Kurds, but so far no one has been chosen for this post that was previously held by a KDP representative. It is expected to be given to KDP again,” added Noreldin.
“Kurds have to focus on getting the Foreign Relations Minister post, then attempt to have part of the Oil and Natural Resources in order to defend the Kurdistan Region’s oil policy.” said Nouri.
“A list from the Kurdistan Region must be created and sent to Baghdad where Kurds can clearly outline their requests and demands.
Moreover, the demands should be tightened to a limited time to be implemented and given to the new Iraqi PM,” concluded Nouri.
"Othman [senior Kurdish MP] made it clear that the Kurdish demands would be high this time...pointing out that "these demands would make it difficult and might delay the process of forming the government for a certain period, but at the end, the government will be formed on a consensus and pleasing everyone."
i caution you not to expect a seated government on Monday as i believe that there is significant "unfinished" business with the Kurds.
[Well if he doesn't give the Kurds what they want we would see a major delay in new government?]
delay or no government with the kurds in it...although Othman seems optimistic eventually there will be an agreement.
Prime Minister-designate Haider Abadi, will present his cabinet to the parliament next Monday...on the twenty-fifth of August ... pretty impressive and quick for Iraq.
IT IS TIME FOR ALL BANKS TO HAVE IT ALL READY TO MOVE TO A MARKET ECONOMY AND ALSO TO IMPLEMENT THE CBI MONETARY POLICY.
THEY NEED TO USE ALL TOOLS AND RESOURCES THAT ARE AVAILABLE TO THEM.
THIS IS ALL TO ACTIVATE THE ECONOMIC REFORM NOT DREAM ABOUT IT.
THEY WILL HAVE MANY RESOURCES...AVAILABLE FOR ALL BANKS AND COMMUNICATION IS AVAILABLE FOR THE MONETARY POLICY LAUNCH FOR THE NEW IRAQ.
THEY ARE SAYING THE TIME IS NOW AND THERE IS NO REASON TO WAIT FOR ALL BANKING -- ON-LINE -- ATMS--MOBILE PHONES AND E-PAYMENTS AND WIRES -- ALL REQUIRING THE ENTIRE LAUNCH OF THE MONETARY POLICY AND INTERNATIONAL ACCEPTANCE.
IT WOULD HAVE TO REQUIRE A REALITY RATE WHEN THE INTERNATIONAL ACCEPTANCE AND CONTRACTS AND TRADE BEGIN.
THEY WILL HAVE TO MOVE FORWARD WITH THE REMOVAL OF THE THREE ZEROS AND THE REQUIRED VALUE OF THE DINAR --- OR IT WILL NOT EQUAL OUT WITH A COMPETITIVE TRADING PLATFORM.
THEY ARE TALKING ABOUT THE CONTRACTS BEING LAUNCHED NOW AND THAT THEY ARE READY BUT WE WILL WATCH THE ACTION.
[Is Turki still in a "proxy" position? If so, does he have authority to initiate the rise in dinar value?]
HE HAS BEEN GIVEN THE POWER TO RAISE THE VALUE AND IS NOW REFERRED TO AS THE GOV OF CBI SO AS FAR AS A FORMAL ANNOUNCEMENT I HAVE NOT SEEN IT BUT SEE THAT HE IS FOLLOWED WITH THE NAME GOV OF CBI --- HE WAS GIVEN POWER MONTHS AGO.
THEY ARE WORKING ON THE HCL - FEDERAL SYSTEM AND THE OTHER LAWS THAT HAVE TO BE DONE FOR THE NEW IRAQ...THESE LAWS...ARE A MUST FOR THEM TO MOVE FORWARD --AND THE COMMITTEE IS WORKING TO COMPLETE THE BUDGET TO BE PRESENTED TO PARL AND ALSO ANOTHER FOR THE CITIZENS TO BE RETURNED HOME.
ALSO THE FORMED GOV WILL BE PRESENTED ON MONDAY TO PARL...THERE WAS A REPORT STATING THIS WEEK BUT WE HAVE TO WAIT TO SEE ACTUAL ACTION.
THEY ARE GETTING SO MUCH DONE AND THEY ARE ACTUALLY SHOWING UP IN GREATER NUMBERS AS WELL.