wmawhite: IMO, we are at the point where the CBI starts the switch over/transition over to settling all…foreign obligation in IQD instead of USD…
Once, the CBI starts in that direction…the question about the value of the IQD comes into play…IMO…this will be a seamless transition.
IMO…that is where all of those trade agreements come into play…and yes, it is exciting.
TNT:
Elmerf123456: Shadizzle!!!!! Just in!
Jordan, a senior Iraqi delegation arrives to discuss the financial crisis with the International Monetary experts
Iraq, Sunday, May 15, 2016
Finance Minister Hoshyar Zebari office on Saturday, said an Iraqi delegation arrived in Jordan today to meet with IMF experts discussed the financial crisis in the country with them, while clarified that the first meeting was held with the experts to conclude prepare the credit agreement.
The Minister of Finance’s office in a statement Alsumaria News received a copy of it, “Finance Minister Hoshyar Zebari arrived today to the Jordanian capital of Amman on the head of a large government delegation that included the governor of the Central Bank Economic Advisor to the Prime Minister and senior ministries of oil and electricity, planning and BSA officials, as well as for public bodies to customs, taxes and retirement, experts and the Ministry of Finance and the Central Bank. ”
He added that “the aim of the visit is to resume negotiations with the International Monetary Fund in order to conclude a standby credit agreement, which will provide Iraq with financial support to enable it to overcome the financial crisis and reduce the gap in the budget so as to promote the reform of the economic and financial system in the country’s process.”
He said the office, that “the delegation held the first session this morning, with the IMF experts were reviewing the technical aspects of the agreement and the obligations opposite of both sides,” adding that “the negotiations will continue until Wednesday kisses.”
It is noteworthy that Iraq is suffering from the economic crisis as a result of the decline in world oil prices, which is the principal supplier of revenue for the country, while the government confirms its efforts to find suitable alternatives to address this problem.
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Haambe: Reuters: Iraq takes aim at media as security forces struggle to contain strife:
http://reut.rs/1Xsf5sB
Harambe: Bloomberg: Iraq Sees $15 Billion in Aid Through 2017 as IMF Deal Looms:
http://bloom.bg/1rMXnDS
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