CEO stay bonus will need an RNS shortly?..Around 600,000 shares..Sale RNS incoming.... |
Getting worse, September next date for any real news |
The Kurdistan Regional Government (KRG) criticized Baghdad for delaying amendments to the Federal Budget Law that could address the resumption of oil exports, calling a recent addition "totally unacceptable." The Iraqi government rejected the claims, urging the KRG to comply with revenue-sharing terms to resolve disputes and strengthen cooperation.https://x.com/zoomnewskrd/status/1882527733420368035?s=46 |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares.. |
Agreed (hope we're wrong). |
In my opinion, John interprets it correctly. The article states: The Federal Government hopes that the esteemed House of Representatives will expedite the adoption of the amendment in accordance with the text approved by the Council of Ministers for the benefit of Iraq and all of Iraq.
-> The Council of Ministers approved it as it was originally intended to be submitted. There is now (after all) no change to the original text, as I understand it. |
Also explains the KRG response. Which is to call foul play. If they were backtracking they would be sending out the olive branches |
I think this clarifies it. The ICG spokesman is saying that the KRG need to hand over ALL oil revenues to the central treasury. Therefore this isn't the government backtracking sadly. It's them digging in. Think John for once has got it wrong. They are standing by their amendment to the amendment and want the KRG to vote it through. |
from 21:00
Kurdistan Region Prime Minister Masrour Barzani said on Thursday that Erbil "can no longer remain silent on how Baghdad is mistreating us." |
Same as I posted earlier, just with johns opinion/take. |
 "Is this what it says??"
No.
I've put it through google translate and it's just the original statement from Sudani's office that we've been reading earlier. It talks about the new version that the Kurds have rejected and hopes that parliament will speed up it's approval.
So where John has got this from I don't know - "Iraqi govt backtracking on changes to amendment to the budget. Vote most likely in coming days!"
Here's the translation:-
The Official Account of the Iraqi Prime Minister Media Office.
Based on the government’s keenness on transparency and openness to citizens regarding the progress of its executive work, especially with regard to the budget issue, which is considered a basic pillar for implementing the commitments contained in the government program, we confirm the government’s commitment to the amendments that were sent to the Council of Ministers.
Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government representative in the House of Representatives stressed the necessity of not making any other amendments to the budget law that contradict the texts submitted by the Council of Ministers.
At the same time, we deny what was stated in the statement of the spokesman for the Iraqi Kurdistan Regional Government, and we are surprised by the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article regarding procedures for resuming oil exports from the region.
We also stress the importance of the Iraqi Kurdistan Regional Government’s commitment to the provisions of the articles of the Federal General Budget Law, which includes handing over financial revenues, whether oil or non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court.
Commitment to these procedures is a necessary step to resolve the problems related to this file and enhance cooperation between the two sides. The federal government hopes that the esteemed House of Representatives will speed up the approval of the amendment in accordance with the text approved by the Council of Ministers, for the benefit of Iraq, all of Iraq.
Bassem Al-Awadi - The official spokesman for the government. |
Is this what it says?? |
Iraqi govt backtracking on changes to amendment to the budget. Vote most likely in coming days!Iraqi Gov hopes House of Representatives will expedite approval of amendment in accordance with text approved by Council of Ministers https://x.com/john78846295/status/1882528809712574961 |
Hundreds of millions of dollars continue to be paid out to the Iraqi government in foreign aid by the US and Europe. This must be suspended pending ITP resumption. |
"ERBIL — The Iraqi federal government on Thursday reiterated its commitment to transparency and adherence to the constitution in resolving disputes over federal budget amendments which takes into account the supreme national interest."
The "supreme national interest", that's a good one.
Complete tripe of course but sticking it to the Kurds and pretending to be honest transparent and acting in accordance with the constitution while blaming all the country's woes, the lack of a pipeline resolution and the loss to the treasury of $25 billion on the Kurds intransigence and OPEC quotas will play well to the Shia electorate.
So a General Election coming up might have something to do with it. Winning a General Election and securing power is infinitely more important than doing a deal with the Kurds.:-
11th Jan 25.
Shafaq News - "Iraq’s parliamentary elections to stay on track in October 2025." |
Pure speculation in order of suspicion 🤔🧐🤭
* Sudani tried to grab the prize,, but now he's backtracking. (Top option though methinks)
* One or more of the finance committee hawks went unilateral and tried to grab more / stall the process, and lied that it was orders from above.
* KRG lied and scuppered it so they can keep trousering money from local sales.
* Same as above only hoping for September deals.
* Something else my brain can't figure out 🤷🏻 |
https://www.basnews.com/en/babat/873225 ERBIL - The Iraqi federal government on Thursday reiterated its commitment to transparency and adherence to the constitution in resolving disputes over federal budget amendments, following criticism from the Kurdistan Regional Government (KRG). Basim Alawadi, the spokesperson for the Iraqi government, emphasized the importance of adhering to agreed procedures within the framework of the federal budget law. "We reaffirm our commitment to the amendments submitted to parliament, which align with national interests and constitutional provisions," Alawadi stated. The remarks came after the KRG expressed dissatisfaction with a federal government proposal related to oil revenue management and budgetary adjustments, calling it unilateral and contrary to prior agreements. Alawadi rejected the KRG's claims, stating, "The federal government remains committed to the approved mechanisms and calls on the KRG to adhere to its obligations under the federal budget law, which mandates the submission of all revenues, including oil, to the federal treasury." He added that ensuring compliance with these procedures is vital for resolving disputes and fostering cooperation between Baghdad and Erbil. Alawadi urged parliament to expedite the approval of the budget amendments for the benefit of all Iraqis. The disagreement centers on Article 140 of the constitution and oil revenue-sharing mechanisms. The Iraqi government recently signed agreements impacting oil fields in disputed territories without KRG consultation, a move Erbil deems unconstitutional. The dispute underscores ongoing tensions between Baghdad and Erbil over resource management and revenue-sharing, issues that have persisted despite attempts to foster dialogue and collaboration. |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares.. |
Still no wiser? |
Clear as mud |
CEO stay bonus will need an RNS shortly.....Around 600,000 shares.. |
Hopefully something more understandable will follow! |
You and me both mate? |
I'm struggling to make sense of what he's saying here. But sounds like they are standing by the amendment to the amendment? But that they won't amend the amendment to the amendment |
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