Chat Room Excerpts & Highlights
Geofitness says():Amount sold at auction price (US$) 105,341,338
Geofitness says():BAGHDAD – Iraqi Prime Minister Haider al-Abadi has rejected complaints from political opponents that they were not consulted before he last week named a new “technocratic” cabinet in response to anti-corruption protests and calls for political reform. –
See more at: http://www.middleeasteye.net/news/iraq-pm-abadi-doubles-down-technocratic-cabinet-589011992#sthash.WIzikuQQ.dpuf
horsegal says():Good job Abadi
larrykn says to rcookie():what does this mean ? Rafidain Bank intends to sell the dollar directly to citizens 4-5
Read More : http://www.dinarupdates.com/showthread.php?32922-Rafidain-Bank-intends-to-sell-the-dollar-directly-to-citizens-4-5
LLN65 says to larrykn():yeah wonder what that means?
rcookie says to larrykn():there is a whole new network of restructured rafidain bank branches that were just recently announced to be opening that offer all financial banking services under one roof….banking…loans…stocks…bonds etc…and currency auctions included..
larrykn says to LLN65():well I know they wanted to remove the dollar now they are selling the dollar
rcookie says to larrykn():and mentions selling to citizens using its own resources…
larrykn says to rcookie():so will this selling of the dollar be at the new rate then too or does it make no differents what the rate will be they will just making money on the spread
rcookie says to larrykn():no….cbi sets rate…
larrykn says to rcookie():ok ty sir and GM 🙂
rcookie says to larrykn():gm larry….yvw…
futuremoney says():if they sell the dollar to citizens , that will take even more dinar off the street in order to rv…
rcookie says to larrykn():powerful article out this morning that outlines what i said the other day…when suggestioms of “sky is falling” doom & gloom about cbi reserve status…..iraq is completely on goal with where imf projects their reserves to be under table 2 of the imf smp..loi/mefp/tech mou…from the years 2014-2018…and actually through 2020….
larrykn says to rcookie):so is this a misleading article then
rcookie says to larrykn():no this is clarifying article that completely debunks some of the ridiculous negative statements about iraqs reserve status….
rcookie says to larrykn():made from some members in this room….
rcookie says to larrykn():which the day they were made….took the time to indicate exactly what is going on with their reserves as per the imf strategy within the smp loi/mefp/tech mou…..
rcookie says to larrykn():they are exactly on goal…
Mudder says():Not surprising
rcookie says():ok here we go…
VelmaF41 says():So, this is a good article and them selling the dollar to citizens are both good for us. Right – I am very new to all this. (F)
rcookie says():Economic Adviser to the head of Government is the financial reserve “well” in the shadow of the economic crisis
2016/04/05 (00:23 pm) – hits: 241 – number (3616)Baghdad Ibrahim Ibrahim Economic Advisor to Prime Minister Mohammad Saleh appearance on Monday, the value of the fiscal reserves of between 50 to 60 billion dollars, while noting that variable and not fixed by oil revenues, has denied reports that the Government withdraw any amount of that money.
The IMF, stressed that Iraq currency reserve reduced to 54 billion dollars in 2015, indicating that Iraq is continuing to make progress under the IMF monitored program.
Read More :http://www.dinarupdates.com/showthre…conomic-crisis
larrykn says to VelmaF41():the part that they are right on track with the IMF letter o intent makes me real happy 🙂
rcookie says():here you go…
rcookie says():He said the Economic Adviser to the Prime Minister and the appearance of Mohammed Saleh, in an interview for “the range”, “the Central Bank is moving in accordance with deliberate steps to address gaps in the domestic economy resulting from the lack of government revenue as a result of low oil prices for nearly years.
Saleh said “Government revenue from oil sales reached $ 8 billion in 2013 thus rose to nearly 75 billion dollars, now that oil revenues do not exceed 2 billion dinars per month therefore reserve ranges between 50 and 60 billion dollars.
Economic adviser said that “there is an ongoing coordination between the Central Bank and the International Monetary Fund through the agreements to enter the open market operations to purchase allocate Treasury and liquidity
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
LLN65 says to rcookie():(y)yeah
rcookie says():moving in accordance with deliberate steps to address gaps…
larrykn says to VelmaF41():wow 🙂
rcookie says():The “variable reserve because of the size of the revenue derived from the sale of oil and the amount of funds sold through auction to sell daily.
Economic Adviser denied “withdraw any amount of Government Treasury the financial reserve of the country to plug the cash because of the economic crisis.”
He stressed that “the Central Bank plans balanced programmes to control the economic crisis through prudent monetary policies pursued by gradually commensurate with the daily work.
He said the Fund, Wednesday (30 March 2016), in a statement received “range”, a copy of that “real GDP contracted by-2.1% in 2015 because of continuing armed conflict with organize daash which continue to strain the resources of Iraq, adding to the sharp decline in oil prices causing significant external shock on budget revenue and balance of payments, disrupting traffic and diminishing investor confidence.”
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says():”the Central Bank plans balanced programmes to control the economic crisis through prudent monetary policies pursued by gradually commensurate with the daily work.
rcookie says():The Fund added that “as a result of this widened the current account deficit in the balance of payments of up to 5.1%, leading to a decline in foreign exchange reserves by the end of 2015 Iraqi $ 13 billion dollars to reach 54 billion dollars.
The Fund noted that “Iraq continues to make progress under the program that monitors the IMF”, adding that “Iraq will achieve three objectives guided the five required at the end of last year, including reducing the level of implementation of wage and pension expenditure, goods, services and transfers”.
The Fund, he said that “Iraqi authorities and IMF experts made progress towards reaching an understanding on the programme of economic and financial policies, which can be supported through funding, and would include more measures to adjust the general financial conditions for Iraq, with the aim of making the expenditure conforms to the low level of oil prices”.
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says():ok read this again…..
futuremoney says to rcookie():really awesome…
rcookie says():The Fund, he said that “Iraqi authorities and IMF experts made progress towards reaching an understanding on the programme of economic and financial policies, which can be supported through funding, and would include more measures to adjust the general financial conditions for Iraq, with the aim of making the expenditure conforms to the low level of oil prices”.
rcookie says):so an understanding has been established…..and in a nutshell….expenses conformed To match that of oil prices…..you cant spend more than you make……..hmmmmm….what a novel concept……
Geofitness says to rcookie():Did you see what I posted earlier? BAGHDAD – Iraqi Prime Minister Haider al-Abadi has rejected complaints from political opponents that they were not consulted before he last week named a new “technocratic” cabinet in response to anti-corruption protests and calls for political reform. –
See more at: http://www.middleeasteye.net/news/iraq-pm-abadi-doubles-down-technocratic-cabinet-589011992#sthash.WIzikuQQ.dpuf
futuremoney says to rcookie():lol!
rcookie says():Iraq was conducted on 27-28 March in the current financial and economic talks with the International Monetary Fund in Oman for a credit policy arrangements (SBA) qualify to obtain loans.
Said economist Mohammed Mustafa Habib in an interview for “the range”, “undo the country’s cash reserves rapidly is a serious indication, so State financial institutions review their policies, according to market data.
“Successive Governments have wasted billions of random effect on the financial reserve directly without achieving any breakthrough”.
Beloved explained that “the Central Bank’s insistence on continuing the daily currency auction commissioned the local economy large amounts as a result of adhering to laws and teachings are not commensurate with the deteriorating economic situation in the country nearly biennium”.
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says():so we can add economist mohammad mustafa habib to the list of anti auction campaign…..basically saying continuing on an established losing path of auctions is not realistic in light of dire econo ic landscape…..
larrykn says():ok all have a great morning bbl 🙂
rcookie says():The “balancing 2015 included an item determines the amount and the capacity of 75 million dollars is sold at auction currency daily to control the financial drain, but the Central Bank law was challenged in court, and continued with the sale of up to 150 million dollars a day.
“The Central Bank is responsible for maintaining the financial reserve for Iraq and work on development and increased through control of the daily activities and supported by new laws and help maintain the commodity and service flow level without the side effects caused by some corrupt speculators.”
The Iraqi Government said in a memorandum to the International Monetary Fund, Tuesday 13 klnon second, it plans to finance the deficit in the balance of payments, withdrawals from Iraq as foreign reserves will drop to $ 43 billion in 2016 from 59 billion at the end of last October.
She said, under a program approved by the IMF as a precondition for the loan, from the expected balance of payments deficit of 14 billion dollars in 2015, before shrinking to $ 11 billion in 2016.
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says):saying that at the end of the day….auc tioins are cbi baby…..and totally responsible….for all facets…
rcookie says():including collateral results of corruptread this part again… speculators…..
rcookie says():read this part again…
rcookie says():She said, under a program approved by the IMF as a precondition for the loan, from the expected balance of payments deficit of 14 billion dollars in 2015, before shrinking to $ 11 billion in 2016.
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says():under a program approved by imf……….
rcookie says():Iraq has estimated that GDP will grow by 1.5 percent in 2015 and 10.6 percent in 2016, with increase in oil production, while falling oil prices will lead to a budget deficit of 15 percent of GDP in 2015, and a deficit of 10 percent in 2016.
http://www.microsofttranslator.com/b…5B1-%25D8%25A7 LINK
Read More : http://www.dinarupdates.com/showthread.php?32925-Econ-Adviser-to-head-of-Gov-t-is-financial-reserve-quot-well-quot-in-shadow-economic-crisis
rcookie says to Geofitness():what a joke…..abadi demands all blocs to submit their lists of technocrat candidates….they ignore demand and deadline…..then whine and complain about not being included in process of nominees….
rcookie says to Geofitness():great to see him standing his ground….
Geofitness says to rcookie():agreed!!
rcookie says to Geofitness():just like jabouri laying down the law of mp’s exceeding absences….and votes….
Geofitness says to rcookie():This is who I follow in Twitter @SajadJiyad
rcookie says to Geofitness():its public…..there are many articles back from beginning of march….
rcookie says to Geofitness():even jabouri meeting with bloc heads (lol)….
rcookie says():Transport system opens the central control of air navigation Baghdad International Airport
Wrote: April 5, 2016 Transport Minister Bayan Jabr opened the new system for centralized control of the civilian air traffic at Baghdad International Airport
The minister said during the opening ceremony that the system include all airports operating in Iraq and by 59 sophisticated device which is the largest in the Middle East, where the Dubai Airport includes 40 device and the region, allowing for this project is the ability to control the skies of Iraq supported system sophisticated radars to ensure the safety of all trans aircraft and it enhances the reputation of Iraqi airports and airspace of Iraq
The minister added that the General Company for facility Civil Aviation has introduced the air traffic control system according to international standards in order to improve the services offered to travelers across the Iraqi Airways.
He revealed the plan of the ministry to set up a modern communications system at Mosul airport after its liberation from the impurity bands «Daash» terrorist.
http://www.ara.shafaaq.com/64197
rcookie says():iraq sophisticated centralized control airport navigation system…larger than dubai airport…….
rcookie says():iraqi airways announced reopening routes to moscow…..
rcookie says():Airlines are preparing for the opening of the line (Basrah-Baghdad-Moscow)
April 5, 2016 Economy/Baghdad Preparing the General company for Iraqi Airways for the opening of the air route between (Basra-Baghdad-Moscow) during the coming period.
And the company announced the news on the economy Agency for completion of logistics agreements between parties to the opening line after closure for three decades.
That comes under the Ministry’s plan to open all the lines were operational and facilitate the transport of goods and passengers, especially after the significant activity of the traffic taking place in Iraqi airspace.
He will also be the opening line Baghdad, Sharm el Sheikh and line Baghdad, as Tunisia hoped that the opening of other airlines with European countries, noting that the company had set up training courses for pilots, engineers and technicians contributed in upgrading the performance of Iraqi Airways to close page spanned thirty years of absence from the world of aviation.
http://www.microsofttranslator.com/b…1%25d8%25a9%2F LINK
Read More : http://www.dinarupdates.com/showthread.php?32923-Airlines-are-preparing-for-the-opening-of-the-line-(Basrah-Baghdad-Moscow)-4-5
jarhead says():they need to open a route to the US and ship the rv to us lol
angus says():well they better be making some changes to the dinar then rcookie!
rcookie says():Rafidain Bank intends to sell the dollar directly to citizens
April 5, 2016 4 0 Economy/Baghdad Rafidain Bank, expressed his intention to start selling the dollar to citizens through its branches scattered throughout Baghdad and other provinces.
He said the General Manager of the Bank in the name of Kamal Al-Hasani said in a statement, the Agency has received our economy newsletter copy, after obtaining the approval of the Ministry of finance and the Central Bank, the Bank will begin selling the dollar for citizens from its own resources. ”
He said, “the price of the dollar is selected according to the price set by the Central Bank of Iraq”. All over
http://www.microsofttranslator.com/b…4%25d8%25b1%2F LINK
Read More : http://www.dinarupdates.com/showthread.php?32922-Rafidain-Bank-intends-to-sell-the-dollar-directly-to-citizens-4-5
angus says():would this pull in what ever larger dinar they have on the streets?
Woodywoodpecker says():I am mixed up I guess….I thought not long ago they were trying to get all the dollars off the streets
angus says():before they change to a real rate? Then the dinar has a higher value and everybody will want the dinar?
angus says():maybe I should say the dinar has more buying power…
angus says():a dinar is a dinar…
angus says():are we still here?
monique13 says():He said, “the price of the dollar is selected according to the price set by the Central Bank of Iraq”. ….. so does that mean the dinar’s value will change?
rcookie says(8:28 AM):hdre is another article outlining the huge….huge….huge national initiative ongoing throughout iraq of economic & financial literacy at all levels…this one dealing with bank employees….
and covering topics like crm…industry and market anlysis for investment and funding purposes…
design and work policy programs…and action plans for aml compliance….and “know your customer” mission statement…..senior management & exec secretaries…and laws on taxes fatca accounts……
and announcing 5 seperate training programs….conducted annually throughout the arab world….
rcookie says():Training programs in Banking and Finance
5/4/2016 0:00 BAGHDAD – Mostafa Hashemi identified the Arab Academy, one of the joint Arab action institutions of the Council of Arab Economic Unity – League of Arab States, the establishment of training programs held in Amman and the Dead Sea in Jordan during the months this April and May next, as well as sessions scheduled for each of the Arbil, Sulaymaniyah and Basra later this year.
She said the coordination and follow – up director at the Academy Abir Abu modesty in a statement «morning» received a copy of the software ,
which will be held in the financial training and Banking Institute of the Academy in the Jordanian capital Amman for the months of April and May will include sessions specific to customer relationship management of their extreme care as well as industry and market analysis for the purpose of investment and financing, as well as the design and work policies, programs and action plans relating to compliance and anti – money laundering and know your customer.
Read More : http://www.dinarupdates.com/showthread.php?32927-Training-programs-in-Banking-and-Finance-4-5&p=149534#post149534
rcookie says():Abu modesty and pointed to the establishment of training courses related to the electronic administration of the Secretariat of the senior management and executive secretaries, and the law of the obligation to taxes on foreign accounts FATCA in addition to the discovery of methods of accounting errors and correct them.
He noted that the training programs will address the topics of planning and management of security operations technical information and physically in the banks, and analyzing financial statements and study the red zone, and the cycle of the importance of administrative leadership in front of the contemporary challenges of globalization which will be held in the sea
Almit.ivkr that the types of training offered at the academy includes five main types of programs open the programs that are included in the annual training plan that includes, and are the dates and venues of distribution in the various Arab countries.
As well as the establishment of contractual programs that are designed and implemented for the benefit of an individual or institution in particular, as well as job training where personnel training during the performance of their duties in the workplace.
Read More:http://www.dinarupdates.com/showthread.php?32927-Training-programs-in-Banking-and-Finance-4-5&p=149534#post149534
rcookie says():Special training programs where a trainee give specific skills in a particular field of knowledge – based fill special needs in this area are also included.
And learning programs and training where the mail has become a very important means of providing mechanisms keep pace with the information and communication technology in addition to achieving the principle of effectiveness and efficiency in time and cost and revenue.
http://www.alsabaah.iq/ArticleShow.aspx?ID=113845
Read More :http://www.dinarupdates.com/showthread.php?32927-Training-programs-in-Banking-and-Finance-4-5&p=149534#post149534
rcookie says():wow!!!
rcookie says):Tourism needs to infrastructure in the center and south 4-5
Tourism needs to infrastructure in the center and south
5/4/2016 0:00 BAGHDAD – Hussein al – Tamimi Tgb continuing claims to develop the tourism sector for all his joints, and invest the elements of success of this important economic joint that can achieve significant financial revenue for the country in light of the relatively high number of tourists in the archaeological and recreational tourism field.
Competent affairs of tourism Hassan Ali Abdul Karim said Iraq owns sectors tourist unique addition to availability of the elements of the success of this field and converted gradually from local to regional and global, especially the presence of features specific to global religions and this is one of the most important incentives for foreign tourists to visit continuously, which requires planning soon to promote this important sector and income – generating .
He said in an interview (morning) that expand the fiscal revenue has become a necessity to diversify resources and tourism is one of the most important themes of this trend, pointing to the importance of orientation towards the activation of the archaeological and recreational tourism activity in southern Iraq ,
where it provides a security environment that helps establish an effective tourism sector achieves significant economic feasibility of the country, pointing out that most of the provinces have the important archaeological sites in the world.
Read More : http://www.dinarupdates.com/showthread.php?32928-Tourism-needs-to-infrastructure-in-the-center-and-south-4-5&p=149535#post149535
rcookie says():He urged Abdul Karim on the need to work towards the establishment of tourist resorts on the sea , similar to the countries of the world and invest panoramic part of this sector , which attracts large numbers of tourists,
stressing that the establishment of cities tourism in this place to achieve great economic success, especially with the presence of orientations for the establishment of a global economic city in the Faw area and this attracts companies from all over the world and some of them meant the archaeological areas.
He noted the need to expand infrastructure tourist in the marshes near the archaeological areas that can are attracting tourists from all over the world who want to see the first civilizations in the regions of the globe, as well as the marshlands that have the ambience and nature may not be available Supreme tightness in world scale.
Abdul Karim pointed to the existence of tourist experiences now on a small scale can be activated in the near future , where tourists from around the world visit the marshes and express the splendor seen in these areas, pointing to the importance of investing this opportunity and extend it to double the number of tourists.
Read More : http://www.dinarupdates.com/showthread.php?32928-Tourism-needs-to-infrastructure-in-the-center-and-south-4-5&p=149535#post149535
rcookie says():the students work on building infrastructure for these areas , taking into account all the foreign tourists who come for these areas requirements, where required it ‘s building a sophisticated hotels and rest houses inside the marshes, as well as the center to meet tourism demands in these areas.
He urged the tourism that will achieve significant economic feasibility for Iraq by attracting tourists and activation of traffic on a large scale development, as well as moving the craft industries which is famous for the country and the valley Rivers and this in turn does the local economy in all joints movement.
Abdel Karim said: that the tourism private sector needs to coordinate with relevant government institutions in this regard to find speed up the development of tourism in Iraq mechanisms, especially that Iraq has a special segment has a good experience Ptvoaj foreign tourists as well as domestic tourism
He pointed to the importance of finding moral support to tourism companies registered and do not let the phantom companies working in this detailed important.
http://www.alsabaah.iq/ArticleShow.aspx?ID=113846
Read More : http://www.dinarupdates.com/showthread.php?32928-Tourism-needs-to-infrastructure-in-the-center-and-south-4-5&p=149535#post149535
rcookie says():have said time and time again…. t & t will be one of the largest revenue streams in iraq economy…huge….huge….huge…huge!!!!
hutch says to rcookie():Yes You have
rcookie says():tourist resorts on the sea….and establishment of global economic tourism citY in port of faw area…..think cruise ships arriving in this $7 billion euro port project…..
monique13 says():wow…$7 billion!
monique13 says():I can’t even imaging what that looks like!
hutch says to rcookie():They have their own themepark there if I remember right
rcookie says to hutch():remember the port of faw when completed will generate more revenues and jobs than their oil sector…….and those are non oil revenues….the int’l agencies ((imf/wb/idb/un) likey these revenues!!!!!!
hutch says():As long as there aren’t scuds and IED’s in the “its a small world” section.
hutch says to rcookie():I remember you bringing that in !
hutch says to rcookie():Between that and t and t…… WOW
tman23 says to where’sthebeef():BAGHDAD — While the Iraqi Prime Minister is struggling to reshuffle his cabinet with “technocrat figures”, USA gives Kurds the green light to withdraw from Iraq’s political process if their share is not preserved in Baghdad. USA has also given Erbil the green light to withdraw from the Iraqi political process if Abadi’s reforms did not meet the demands put forward by Erbil,” he claimed.
Bakhtiyar Jabbar, another Kurdish MP in Baghdad, thinks that PM Haider al-Abadi will finally agree to the Kurdish demands as the United States may pressure him to preserve the unity of Iraq.
Pablo says():Are these rumors of Shabs coming back for real?
hutch says to Pablo():Until you see something in INK, treat as a rumor, real INK not GURU INK
rcookie says():US Congress confirms during a meeting with al – Abadi support real reforms to get to the inclusive government
05-04-2016 12:30 PM Search Prime Minister Haider al-Abadi with a delegation from the US Congress, the bilateral relations between the two countries and the political and security situation in Iraq and the region as well as developments in the war against the terrorist organization Daash
The government statement said the US delegation expressed support for the reforms carried out by al-Abadi in light of the significant challenges faced by Iraq, including the financial crisis as a result of the collapse of oil prices and the war on terror
The statement added that the delegation of Congress expressed support for the unity and sovereignty of Iraq and help him return the money smuggled as well as provide him with the necessary expertise to curb corruption operations.
–
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
rcookie says():wait…wait….whaaaaaaat….
rcookie says():Kurdistan: We will give the names of candidates for Ebadi for accreditation new ministerial cab
Tuesday April 5, 2016 11:51Alsumaria News / Baghdad Declared leader of the Kurdistan Islamic Group Said Zana, Tuesday, that the Kurdistan blocs will present candidates for prime minister Haidar al-Abbadi of dependence rather than raised in parliament, while noting that the Abadi did not object to these names.
Saeed said in an interview for the Sumerian News, “The Kurdish blocs does not accept the nomination of ministerial cabins federal Kurdish figures, but by it,” he said, adding that “the Kurdistan will provide the names of the servants to fill the positions granted to the Kurds.”
MrsBGG says to rcookie():Whoo hoo rcookie
rcookie says():He Said that “the names that will be presented to Ebadi for the adoption of the government, will have the attributes of technocrats and professional and managerial expertise,” pointing out that “Abadi did not object to these names, because he first asked the masses to give him and did not nominate blocks the names of the ministries, making him submit the names put forward by the the House of Representatives. ”
He called on the Speaker of Parliament adviser Ahmed Mahjoub, on Monday, everyone to participate in a government of technocrats backed by all of the blocks in the next stage, warning that the country’s situation does not bear to give up the blocks for its support for the next government, as advised to leave the opposition methodology currently.
The Parliament Speaker Salim al-Jubouri called, in the (April 2, 2016), the parliamentary blocs to take its role in the study of names provided by the Prime Minister Haider al-Abadi to fill ministerial posts in the new government, citing the need to work on the completion of a “comprehensive change and an end to the quota system.” .
clay says to eman4u55():do you believe Im still working (lol)
MrsBGG says to hutch():Where’s Starsky? 😀
rcookie says():http://translate.google.com/translat….faceiraq.com/
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
rcookie says():IMF: Baghdad is committed to reducing spending and there are varying estimates and achieved export figures
The International Monetary Fund is likely to lend Iraq $ 15 billion
Author: BS, ZJ Editor: BK, BS 05/04/2016 16:56 Number of Views: 184 Long-Presse / Baghdad Confirmed the International Monetary Fund for Iraq Mission, on Tuesday, on a disparity of Iraqi oil exports estimated quantities in the past 2015 budget, with realized actually it, stating that it “will not affect” in Iraq for the upcoming international finance long been committed to the program agreed upon and mechanisms to monitor .
The head of the mission, Christian nut, in response to a question (range Press), about the disparity in the amount of Iraqi oil exports between the estimated them in the federal budget actually realized, “The Fund noted that gave advice to the Iraqi government about it has taken him.”
He coconut, that “the Iraqi budget for the year past 2015, the estimated oil exports three million and 300 thousand barrels per day, the export price of $ 56 a barrel, while realized in that year was three million barrels per day at an average of $ 48 a barrel,” noting that ” Fund advised the Iraqi authorities to reduce expenditures in light of the decline in imports compared to what is estimated in the budget, where the latter committed to it. ”
Read More : http://www.dinarupdates.com/showthread.php?32930-IMF-Baghdad-is-committed-to-reducing-spending-amp-are-varying-estimates-export-figures&p=149539#post149539
rcookie says():And on the impact of this in the forthcoming from the Fund for Iraq funding, the chief of the IMF mission to Iraq, that “affect the funding.”
The coconut, that “the Fund agreed with the Iraqi authorities on financing the program and mechanisms of control in November 2015 the past, to help deal with the drop in oil prices,” returned to “the successful implementation of the program paves the way for the possibility of Iraq get the funding it needs.”
The appearance of Mohammed Saleh, Economic Adviser to the Prime Minister, Haider al-Abadi, said in (the first of this April 2016), the seriousness of the international community to help Iraq and enable it to meet the “financial distress” current, while the International Monetary Fund plans to secure “global financial umbrella” for Iraq through its lending nearly $ 16 billion, counting that it supports the “authentication” of Baghdad and a guarantee for the international financial community to give more aid and soft loans.
Read More : http://www.dinarupdates.com/showthread.php?32930-IMF-Baghdad-is-committed-to-reducing-spending-amp-are-varying-estimates-export-figures&p=149539#post149539
rcookie says():The International Monetary Fund (IMF The International Monetary Fund), guessed at, (the thirtieth of March 2016), the possibility of approval to lend Iraq $ 15 billion over three years, through next June, while between that will provide five billion of them to believe the rest of other financial institutions and donors, he stressed that Iraq will receive five billion during the current year 2016, and the rest at the end of the agreement period.
The Finance Minister, Hoshyar Zebari, signed on 30 March 2016, Iraq received financial aid from donors and financial organizations of six billion and $ 400 million during the current year 2016.
The appearance of Mohammed Saleh, said in an interview to the (long-Presse), in the (26th January 2016), that Iraq has agreed with the International Monetary Fund for long-term soft loans for the implementation of development projects, noting that the fund is among other conditions, government expenses,
and modified some procedures related to economic policies, while counting economist that “the most important” of those loans is to know the amounts that will be obtained during the year 2016.
Read More : http://www.dinarupdates.com/showthread.php?32930-IMF-Baghdad-is-committed-to-reducing-spending-amp-are-varying-estimates-export-figures&p=149539#post149539
rcookie says():Iraq had announced (13th January 2016), for the approval of the International Monetary Fund to finance the budget deficit through clouds of hard currency reserves, indicating that this means reducing the reserves of $ 59 billion October 2015 the last end, to 43 billion during the this year.
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
Read More : http://www.dinarupdates.com/showthread.php?32930-IMF-Baghdad-is-committed-to-reducing-spending-amp-are-varying-estimates-export-figures&p=149539#post149539
subgirl says to rcookie():WOW! thanks for sharing!! IMF: Baghdad is committed to reducing spending and there are varying estimates and achieved export figures
The International Monetary Fund is likely to lend Iraq $ 15 billion
rcookie says():disparities in iraqi oil export numbers will not have affect on iraqs upcoming $15 billion 3 year financing arrangement…
subgirl says to rcookie():Iraq had announced (13th January 2016), for the approval of the International Monetary Fund to finance the budget deficit through clouds of hard currency reserves, indicating that this means reducing the reserves of $ 59 billion October 2015 the last end, to 43 billion during the this year.
clay says to rcookie():hey bud thanks 🙂
subgirl says to rcookie():It says Baghdad is committed to reducing spending… hmm.. NICE
rcookie says():advised to reduce expenditures commensurate with actual oil revenues….and iraq committed to it….as earlier reports…this sba was agreed upon in november 2015….
rcookie says():they talk of saleh statement on april 1st…of the seriousness of the international community to help iraq meet the current “financial distress” by imf securing “global financial umbrella” for iraq……wow!!!!!….wow!!!
tman23 says():reducing the reserves of $ 59 billion October 2015 the last end, to 43 billion during the this year…… This is what I was speaking of as reeorted on Kurdistan 24 news channel……….
and they are pressing for the IMF loans NOW because what comes in June, the wait will take these reserves down close to 35 billion……. which may open the door for a devalue of the IQD 1500 -1 ………..
DON’T THROW STONES AT THE POST…….LOL !! IT IS JUST WHAT WAS REPORTED ON 24 NEWS AND IN NEWSPAPER…….. WAS MEANT FOR WHERESTHE BEEF WHO JUST SIGNED OFF
rcookie says():global financial umbrella…….hmmm….does that sound like someone walking away…
chickadee says():gm anymore on Shabibi huge statment he was going to make
subgirl says to chickadee():we are watching and waiting… 🙂
subgirl says to chickadee():none that I am aware of… 🙂
chickadee says():ok thanks thought it was to be last night
subgirl says to chickadee():well not sure about that… but we just wait and see what happens…
hutch says to chickadee():until it is in ink, it should be treated as a rumor
hutch says to chickadee():if true that he would come back, you will see press from him, he wasnt shy in 11-12, I dont suspect that he would be now.
rcookie says():for the last time their reserves are exactly where the imf has them programmed to be….read the document….rofl!!!!!!!!
rcookie says():Iraq had announced (13th January 2016), for the approval of the International Monetary Fund to finance the budget deficit through clouds of hard currency reserves, indicating that this means reducing the reserves of $ 59 billion October 2015 the last end, to 43 billion during the this year.
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
Read More :http://www.dinarupdates.com/showthread.php?32930-IMF-Baghdad-is-committed-to-reducing-spending-amp-are-varying-estimates-export-figures&p=149539#post149539
dale says():Rcookie That is a WOW !!!
rcookie says():Joint Iraqi forces leading the second campaign to liberate Mosul and surrounding villages
By Rashid Saeed horns | Jointly MOHAMMED SHAIKHIBRAHIM 04/04 23:40 CET | Last modified since xx d | | aN/aN – aN:aN Last modified xx 1459857248 1459806010
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
subgirl says to rcookie():(y) liberate Mosul and surrounding villages
rcookie says():oil down again….$ 37.58
clay says to subgirl():IMO liberate Mosul = RV
subgirl says to clay():I LIKE THAT!! 🙂 thanks!!!
charwesley says():Just hope the second campaign to liberate Mosul is not a duplicate of the first campaign…when…you got it…the Army dropped weapons and ran
clay says to charwesley():lol (y)
Dr Dave says():I just hope that Mosul does not get flattened like Ramadi…
rcookie says():Masum stresses the need for cooperation with the United States
By Roudao http://translate.google.com/translat….faceiraq.com/
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
rcookie says():The decisions of the fourteenth session of the Council of Ministers
PM: 04: 18: 05/04/2016 Khandan Khandan – discussed the Iraqi Council of Ministers in its meeting held on Tuesday, chaired by Prime Minister Haider al-Abadi implementation of loans and investment projects mechanisms, and acknowledged the summer agricultural plan and drew securing irrigate 150,000 acres with regard to crop rice, along with the issues on its agenda.
The Council of Ministers, according to a statement issued by the Information Office of the Prime Minister, it “attaches great interest the information revealed by the investigative journalism, particularly Makeshvt him (Fairfax Media) and (Hovingtin Post),
which pointed to suspicions of involvement of Iraqi officials in corrupt deals and kickbacks related to oil contracts during the the previous governments and the need to stand on its details and verified in accordance with the law, and the emphasis on going to work with guidance issued by al-Abadi to the integrity Commission to take legal action and to invite the judiciary to carry out prosecutions instant about what is stated in the press investigations referred to the issuance ordered my book by the Prime Minister to form a committee ministerial check what was published in the files. ”
Read More :http://www.dinarupdates.com/showthread.php?32934-The-decisions-of-the-fourteenth-session-of-the-Council-of-Ministers-4-5&p=149545#post149545
rcookie says():The council also face “international parties claim that the investigation was published to provide Iraq with all the evidence they have and at the request of the Higher Education Minister Hussein al-Shahristani,” according to the statement.
The face of the Council of Ministers “to instruct the Ministry of Finance funded Independent Electoral Commission in the amount of ten billion dinars to complete the registration and verification electronic project (Albaaomitri).”
The Cabinet also approved the “judges exception of its resolution No. 333 for the year 2015 and the emphasis on the Supreme Judicial Council to review the salaries of judges.”
The Council also agreed on “the establishment of Industrial Coordination Council also approved the liquidation of Sennacherib Technologies irrigation of the Ministry of Agriculture, according to the economic calendar for the company and its activity report prepared by the committee formed for this purpose.”
The Cabinet approved the “issuing ceremony checker system by the State Consultative Council, taking into account the notes for the Prime Minister and the General Secretariat of the Council of Ministers and the Foreign Ministry.”
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Read More : http://www.dinarupdates.com/showthread.php?32934-The-decisions-of-the-fourteenth-session-of-the-Council-of-Ministers-4-5&p=149545#post149545
wmawhite says to charwesley():When was the first campaign to liberate Mosul?
clay says to wmawhite():last year?
wmawhite says to clay():Really?? Interesting…………never heard about it……………just wondering.
charwesley says():WLADIMIR VAN WILGENBURG
FALLBACK POSITIONS?03.26.16 7:25 AM ET
Mr White Iraqi Soldiers Flee Again in Iraq Army’s First Mosul Operation
After a U.S. Marine was killed defending a position abandoned by Iraqi troops, they were supposed to have toughened up. … Nope.
clay says to wmawhite():isnt that when they left and ran
clay says to wmawhite():maybe 2 years ago
wmawhite says to clay():That was not a campaign to liberate Mosul……..that is when it was lost………
wmawhite says to charwesley():That Marine was killed at a fire support base……………….he was not killed defending a position. He was killed by indirect fire…
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