MAJEED: Gazette release!!!, 12 APRIL

 MAJEED

Ladies and gentlemen

The show about to begin Gazette release!! SUPREME COURT MANDATES SALARIES: ALLOWS BUDGET TO BE RELEASED WITHOUT BARRIERS RATIFICATION COMPLETE ACTIVATION IMMINENT!!!

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IQD RV

GAZETTE PUBLICATION SUPREME COURT MANDATES SALARIES: ALLOWS BUDGET TO BE RELEASED WITHOUT BARRIERS RATIFICATION COMPLETE ACTIVATION IMMINENT The ruling ensures that salary payments to KRI employees are now mandated to continue without interruption, which removes a significant barrier to finalizing the 2025 budget. Given the urgency of the ruling and the progress on salary payments noted in late March, it’s highly probable that the 2025 budget was ratified by late March or early April 2025—potentially around March 25 to April 5, 2025. Given that we’re already at April 10, 2025, and assuming ratification occurred around late March (e.g., March 25–31), the RV/RI activation is likely imminent—potentially between mid-April 2025 (e.g., April 15–30) and late May 2025 (e.g., May 15–31). If ratification occurred in early April (e.g., April 1–5), the window might extend slightly into early June 2025, but the earlier end of the spectrum (April to May) seems more probable given the momentum from the court’s decision and other reforms. Ruling Decision Upon scrutiny and deliberation by the Federal Supreme Court, it was found that the plaintiff, the President of the Republic, in addition to his duties, requested the following from this court: First: To issue an urgent judicial order obligating the Federal Ministry of Finance to pay the salaries of all categories of employees of the Kurdistan Region for all previous and subsequent months. Second: To oblige the Federal Ministry of Finance to pay the salaries of employees of the Kurdistan Region continuously, without interruption or delay, under any pretext related to the settlement of salaries or technical and administrative issues such as the trial balance or other technical and supervisory procedures. Third: To implement the salary settlement process in accordance with the settlement instructions issued by the Central Bank of Iraq which include dealing with government and private banks in line with the procedures followed in the federal government, and that this process be implemented in coordination with the Federal Ministry of Finance and the Ministry of Finance and Economy in the Kurdistan Regional Government, and to grant employees the freedom to choose the bank they prefer to settle their salaries, in accordance with the regulations in force in the region. Fourth: Obligating the Council of Representatives to amend Article 12, Paragraph (c) of the Federal General Budget Law for the year 2023, so that the regional government can implement its pledges stipulated in the aforementioned clause to ensure the region’s participation in financing the state’s general treasury with its oil revenues, in a way that achieves justice and transparency in implementing the items of the federal general budget.