Dinar Updates

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Excerpts & Highlights
rcookie says():SO…OF THE 25,000 COMPANIES IN KURDISTAN…16,000 REGISTERED….AND ONLY 4,000 PAYING TAXES….AND IN DESPERATE NEED OF CUSTOMS ADMINISTRATION..
AND STRINGENT ENFORCEMENT OF TARIFF FEVENUE ENFORCEMENT…NO WONDER THEY WERE DRAGGING THEIR FEET ON ACTIVATING CUSTOMS & TARIFFS…THE MAJORITY OF BUSINESSES RUNNING SCOTT FREE…TAX FREE…LOL
rcookie says():WHO WOULDNT WANT TO SET UP SHOP IN KURDISTAN…

CanTWaitwoRV says to rcookie(12:18 PM):wow not sure if it’s you or me that was psychic just now or both 😀
rcookie says():THIS IS WHAT HOLLYS CONTACTS WERE SQUAWKING ABOUT EARLIER TODAY…CONCERNING THE DINAR VALUE AGAINST DOLLAR IN AUCTIONS AND RELATIVE TO AUCTION VOLUME OF OIL EXPORT REVENUES….
rcookie says():Central Bank of Iraq and its relationship with the dollar reserve
Date: 02/03/2016 15:11 | Views: 124
Books / Basil Abbas Khudair …The price of the dollar against the Iraqi dinar days ago rise remarkably, the price has reached 1240 dinars per dollar in local markets and currently almost that price is fixed days ago but it is not constant over time, we do not know the reasons for this increase and Msoganh because the CBI covers all purchase orders, including the so-called Bmzadeh daily.
In the hearing yesterday (Tuesday) has sold 149 039 457 million dollars to 26 bank and 21 external converter company selling price of 1190 dinars per dollar, and the bank was able to meet all purchase the 47 applications demand and thus sales achieved per dollar via the central bank during the current year more than achieved in the previous year, it has reached sales of 01/02/2016 to
Read More :
http://www.dinarupdates.com/showthread.php?29472-Central-Bank-of-Iraq-and-its-relationship-with-the-
rcookie says():02/02/2016 amount of $ 3,624,981 billion dollars after it was 2,995,081 dollars for the period from 01/04/2015 to 2/2 / 2015, although the amounts are much lower than the sale of Iraqi oil revenues, the main source of foreign currency entering Iraq only the Iraqi oil ministry data,
oil sales during the month of January last stood at 2.262 billion dollars, the central bank sold more than the total oil revenues more than one billion, three hundred and sixty-two million ID, which requires a search for an answer to two questions:
I: Where did this money come the Central Bank which is more than the export of oil revenues?
Second: Why is our currency, local prices are falling despite the dollar’s sales cover the purchase orders?
We would like to point out here that the exchange rates currently prevailing in the Iraqi markets suggests that banking offices win five thousand dinars from the sale of each sheet of $ 100 category, and these profits continuous effortlessly because the process
rcookie says():summed up dollar-buying from the central bank and sell it to whom He pleases, and in suggesting to the dollar selling outlets are not subject to any control or oversight or accountability by the authorities concerned in the country because the sale is in broad daylight and not in secret,
and from the point of view on the sale and purchase of currencies (money changers), there is no monopoly because the case is subject to supply and demand, but known thing in the equation that the offer is limited because the bank covers all applications
and demand is unknown whether internally or externally, there are outlets available to exit the currency, and although there are a limited number of beneficiaries of the process,
but that the larger the aggrieved is the citizen, considering that all the goods and services offered in the market are denominated in prices the dollar rises by more than the high exchange rate does not go down when the falling dollar exchange rates, and perhaps what worries
CanTWaitwoRV says to rcookie():great to see so much talk about dinar exchange rates and auctions in the news (y)
rcookie says():the citizen is the public waste in the national wealth of the dollar and put however specific categories of controlled exchange rates without being given any citizen to get his need of dollar official prices for different purposes or for being a citizen only, which means that other richer at the expense of the people.
The current disparity between selling the dollar at the central bank rate (1190 dinars) and the prices of sales to the domestic market (1240 dinars) raises the anxiety and fear of the Iraqi citizen, because if the difference was so much Bank covers all purchase orders Besides why would prices when the bank reduces its sales up revenue actual oil or diminishes the door holding the reserve or cancel sales for the purpose of rational disposition of foreign currencies?
Read More :
http://www.dinarupdates.com/showthread.php?29472-Central-Bank-of-Iraq-and-its-relationship-with-the-dollar-reserve-2-4
rcookie says():What is the impact on the prices of goods and services after it was reduced salaries were to start applying the customs tariff and a daily show more taxes, fees and deductions?
It is legitimate questions really worrisome, there are millions of hungry and unemployed and paying the rent and some of them displaced or sick or two seats and have the prisoners and missing, and the martyrs, including orphans, widows, or maidens, in light of these questions, the CBI must have clear answers,
and of his professional duties and official reassure the public as a matter of achieving security and social peace, the country is still at war fierce and there are no endings clear of things to come in all areas and side economic terms of people’s livelihood, and those living has become one of
Read More :
http://www.dinarupdates.com/showthread.php?29472-Central-Bank-of-Iraq-and-its-relationship-with-the-dollar-reserve-2-4
rcookie says():Almbeefat not be overcome smoothly or easily light the complexities cascading in running things in life, perhaps the most important thing is the fear of the citizen of disposition reserves, the country of the dollar in the possession of the Central Bank of Iraq,
there are those who believe that the auctions daily and monthly over oil revenues, selling the dollar probably refers to the disposition of these reserves, and some go away, says probably advised days it is said that the reserves may decreased or carried out, and this is a repeat of what happened earlier as the figures indicate that 76 billion dollars will be talking today about $ 59 billion.
http://translate.googleusercontent.c…RHoNVU8u6cylSw  LINK
Read More :
http://www.dinarupdates.com/showthread.php?29472-Central-Bank-of-Iraq-and-its-relationship-with-the-dollar-reserve-2-4
rcookie says():AND $43 BILLION BY YEARS END….
rcookie says():THIS IS EXACTLY WHAT HOLLYS GUYS WERE REFERRING TO……..
rcookie says():HAD SOME OF THIS LAST WEEK..AND FURTHER DETAILS TODAY….VERY EXCITING…PLEASE READ…….
rcookie says():Parliamentary power welcomes the draft national oil company
2016/06/04 (00:23 pm) – hits: 254 – (3565)
Baghdad Ibrahim Ibrahim Noor Ali   Oil and Energy Committee, on Wednesday, the national oil company would be a qualitative leap in the evolution of energy over a short period of time.
Stating that it will be a holding company and owner of income producing and exporting natural resources, an oil expert pointed out that the national oil company would develop national investment to the energy sector.
Oil Minister Adel Abdul Mahdi, on Saturday, called to revive a national oil company again, stressed that the company of the people and that every citizen shares its indestructible inheritance.
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():He said oil and Energy Committee Chairman Representative Ibrahim Bahr Al-Ulum, told “the range”, that “the idea of founding a national oil company raised since 2004, but has been delayed since the Government of Iyad Allawi because of differences over the new oil company” reference.
“The main idea presented by the Parliamentary Committee on oil is based on the possibility of ownership of oil and gas wealth to the people, and the day if the creation of this company and this paradigm shift within the legal framework, which provides for a fair proportion of people for all its citizens.”
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():Ulum said that “the process of establishing a national oil company, owner of the wealth and income of the holding producing and exporting natural resources not only in the drafting of the Bill retains two pillars and maintains administrative and financial autonomy and moral, will be essential to develop the wealths of oil and gas in Iraq”.
He continued by saying that “holding oil company as most of OPEC is a major boost to the development of national investment, and there are many fields still need to develop and rehabilitate will be under the leadership of this company is to develop Iraqi cadres and give them full powers to develop oil and gas projects.
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():The “national oil company would be the largest operational arm for extractive companies operating in Iraq and attending oil marketing company also becomes exporter company and produced and marketed at the same time.”
“The absence of obstacles stand in the way of establishing an oil company so that all parliamentary blocs agreed to pass the smooth law, which stipulated in article 111 of the Constitution regarded oil and gas is the property of the Iraqi people.”
Uloum predicted that “If there is a serious will for Ministry of oil for the translation of the law on the ground that the national oil company will see light at the end of this year.”
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():ARE YOU ALL SEEING THIS!!…………………………..
Woodywoodpecker says():yes
7shiela says():Can you interpret for us? I’m green.
daytrader says():Looking forward to seeing it come into being
rcookie says():For his part, said oil Ministry spokesman Assem Jihad said in an interview for “range” to “oil Ministry conducted long and serious discussions with various oil experts and economists to articulate the idea of creating a national oil company”.
“The evolution of national energy and especially the oil sector the competent Federal Ministry of oil pushed to revive the national oil company, as exist in most OPEC countries.”
Jihad said that “oil company holding the Department of energy in Iraq would shift quality in dealing with all other companies such as SOC, NOC, oil Center and other national companies as well as to focus its work on the development of the fields and work on increasing the Pathfinder production.”
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():The “the oil Ministry is keen to engage the Iraqi energy sector through the establishment of an oil company contribution individuals can buy the shares directly to be volumes of people.”
The oil expert, said Hamza al-jawahiri, in an interview for “the range”, “revival of the national oil company represents a quantum leap in national energy and portfolio management, oil and gas sectors.”
“The development of the oil sector in recent years has necessitated the establishment of a University for multi national companies to ensure the development of exploratory and developmental side for all fields produced in the country.”
Read More
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():The jeweller said that “work in the field of petroleum energy is very complex and requires a substantial and solid institutions working on Administrative and operational environment fast and efficient to keep pace with global developments.
The ‘ developed nations including OPEC States have major national companies for driving energy was established several years ago, Iraq one of the first countries in establishing a national oil company but the previous system that was abolished in the 1970s improvisatory decision lacks with plans.
Read More :
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
rcookie says():It should be noted that the national oil company was established in the 1960s and is a company specialized in the development of oil fields and oil production, before being abolished in the early 1980s himself.
Oil Minister Adel Abdul Mahdi, on Tuesday (26 January 2016), high global oil prices to 50 dollars a barrel in the second half of the year 2016, warned of “a coup in the global oil market and violent and sudden rise” If the substantial drop in crude prices and stop investing in many regions of the world.
Referred to as the global oil prices registered a continuous decline since the second half of 2014, reaching $ 28 a barrel, but to rise slightly with on Tuesday, (26 January 2016) 30.78 dollars a barrel.
rcookie says():Iraq reportedly suffers from weak financial income due to falling oil prices and increased expenses, which came military side over her head, making the Government resort to austerity as one of the solutions adopted to meet the country’s economic situation.
http://www.microsofttranslator.com/b…5A9-%25D9%2588 LINK
Read More:
http://www.dinarupdates.com/showthread.php?29476-Parliamentary-power-welcomes-the-draft-national-oil-company-2-4
Loopback says():The accumulation of more than 11,000 containers in the ports of Basra because of the customs tariff
Read More :
http://www.dinarupdates.com/showthread.php?29511-More-than-11-000-containers-in-the-ports-of-Basra-because-of-the-customs-tariff
Loopback says():Customs tariff riled the government and traders Basra and recession affects border crossings
Read More :
http://www.dinarupdates.com/showthread.php?29517-Customs-tariff-riled-the-government-and-traders-Basra-and-recession-affects-borders
CanTWaitwoRV says to rcookie():reminds me of the sovereign wealth funds set up in Norway I think for citizens payouts on their oil over there when I read about the NOC setup
CanTWaitwoRV says to rcookie():I’ll have to research that again..think it’s Norway
popeye7 says to CanTWaitwoRV():My sister lives in Alaska with her family, and they receive a certain amount every year from oil profits… So in essence she receives two tax returns…
popeye7 says to rcookie():Thanks for the news RC, and loop… Thanks for you analysis as well RC…
CanTWaitwoRV says():STRIKING IT RICH  Norway’s gargantuan sovereign wealth fund, by the numbers
Jason Karaian August 21, 2014 Only 5 million people live in Norway, but thanks to the country’s careful management of its oil wealth, the country runs the largest sovereign wealth fund in the world. Everything about the fund is big. Very big. click here for more: http://qz.com/252753/norways-gargant…y-the-numbers/
CanTWaitwoRV says to popeye7():Nice Alaskan perk (y)
popeye7 says to CanTWaitwoRV():Oh yeah.. Here hubby just retired from the Air Force last year… Big time hunter, and fisherman… They plan on living up there permanately for the time being… I believe I have Norweigan blood… 😀 What a great setup for their people… Very wise… They seem to always do well in the Winter Olympics…
popeye7 says to CanTWaitwoRV():Guess it is their fish diet…
rcookie says():THIS IS THE VEHICLE THAT WILL GET THE OIL REVENUES TO THE IRAQI CITEZENS….MAKE THE LICENSING FOR PRODUCTION MORE PROFITABLE
…AND THE INVESTMENT AND DEVELOPMENT MORE EFFICIENT AND ON SCALE WITH GLOBAL OIL LEADERS….
popeye7 says to CanTWaitwoRV():Her..
rcookie says():WILL GIVE CITIZENS STOCK & SHARES OF OIL & GAS PROCEEDS BY PROVINCIAL POPULATION RATIOS…PARLIAMNTARY INTERGOVERNMENTAL AGREEMENT…
WOULD BE LIKE ARAMACO SAUDI..NIOCIRAN..ADNOC ABUDABI….KPC KUWAIT…SOCAR AZERBIJAN
rcookie says to popeye7():YVW..(y)
scarby says to rcookie():(y)
popeye7 says to rcookie():Good for the Iraqi’s… (y)
rcookie says():I GOTTA GO READ THAT AGAIN….
foxmulder says():popeye 2400 to 2500 is the average amount residents of ak receive
foxmulder says():per yr
rcookie says():”The main idea presented by the Parliamentary Committee on oil is based on the possibility of ownership of oil and gas wealth to the people, and the day if the creation of this company and this paradigm shift within the legal framework, which provides for a fair proportion of people for all its citizens.”
rcookie says():”the process of establishing a national oil company, owner of the wealth and income of the holding producing and exporting natural resources not only in the drafting of the Bill retains two pillars and maintains administrative and financial autonomy and moral, will be essential to develop the wealths of oil and gas in Iraq”
rcookie says():”national oil company would be the largest operational arm for extractive companies operating in Iraq and attending oil marketing company also becomes exporter company and produced and marketed at the same time.”
“The absence of obstacles stand in the way of establishing an oil company so that all parliamentary blocs agreed to pass the smooth law, which stipulated in article 111 of the Constitution regarded oil and gas is the property of the Iraqi people.”
CanTWaitwoRV says to popeye7():lol
rcookie says():THAT IS HUGE!!!…..
CanTWaitwoRV says to rcookie():”which stipulated in article 111 of the Constitution regarded oil and gas is the property of the Iraqi people.”
Hutch says to rcookie():Very Big
Hutch says to rcookie():And here we thought that they were all sitting around doing nothing !
CanTWaitwoRV says to Hutch():oh yea those dayz are over
Hutch says to CanTWaitwoRV():(y):D have been for awhile. They have been busy
CanTWaitwoRV says to Hutch():and the intensity just went up several notches too lol
quicktolegit96 says():CANTWAIT WHATS THE BIG HEADLINE?
CanTWaitwoRV says to quicktolegit96():the Rockets are Mavs?
CanTWaitwoRV says to quicktolegit96()::D
CanTWaitwoRV says to quicktolegit96():from an economic standpoint I’d say what rcookie just posted on the NOC
quicktolegit96 says():MAVROCKS NATION
quicktolegit96 says():NOC?
CanTWaitwoRV says to quicktolegit96():ya
CanTWaitwoRV says to quicktolegit96():went off the screen
quicktolegit96 says():I GOT IT NAT OIL COMPANY
CanTWaitwoRV says to quicktolegit96():yep that’s it..but jmo tho
CanTWaitwoRV says to quicktolegit96(1:04 PM):(y)
quicktolegit96 says():WENT OFF THE SCREEN?
CanTWaitwoRV says():he posted the entire article
CanTWaitwoRV says():so you may not see it
rcookie says():YES..THATS IT….
rcookie says to Hutch():WOOO HOO!!….
quicktolegit96 says():THAT WILL BE ONE THING I INVEST IN
Hutch says to rcookie():Progress BIG TIME !!
CanTWaitwoRV says to quicktolegit96():fo sho
rcookie says():KURDS GETTING JANUARY SALARIES NEXT WEEK…….
quicktolegit96 says():ABOUT TIME BARZANI COOPERATEED LOL
Hutch says to rcookie():7&8 Ithink
David[[email protected]] says():One simple thought why is Iran doing hige deals all over the world five minuts after sanctions are lifted. Then they recieve obver 100billion in frozen assets. I guess the government wasn’t looting the country during that time.
I am giuess 70% of Abadi’s party was involved in theft so now the amnestuy law passes giving the smaller thieves a free pass from jail but must return what the stole. Good deal. Why give 18% on deposits from so called banks that would have net margins of negative 25% .
What if thet issued the small denoms set a drop dead date on the old currency but had a $3 plus rate in place before. To simple to obvious. No CBI head Abadis party members were all stealing.
By allowing Maliki to rule the US turned the government inta bunch of losers that ahave to be cornered like rabid animals to return their wealth. That sounds very reasonable. No guru ever deals with this embedded rot and the story gets worse in hundsight makes no sense.
CanTWaitwoRV says to David[[email protected]]():I had to copy/paste that and almost took a shot of vodka and it’s still morning
CanTWaitwoRV says to David[[email protected]]():(lol)
David[[email protected]] says():Tequilla works better.
David[[email protected]] says():LSD really works pre RV
CanTWaitwoRV says to David[[email protected]]():lol one thing I learned in College is Jose always wins 😀
David[[email protected]] says():those were the dys
CanTWaitwoRV says to David[[email protected]]():yep
Abby says():guys, you do know it is 5 oclock somewhere
CanTWaitwoRV says():Masum suffer a heart “surprise” and sources confirm: his condition is stable
Political landscape sectionViews: 2232Published on: Today, 13:30
BAGHDAD / Noor Alhatri: Informed political sources, on Thursday, said, President Fuad Masum, suffered a heart “surprise” revealed as he emphasized that his condition is stable so far.
The sources for “Sky Press” that “the president of the republic suffered health crisis” surprise “this morning, noting that he was transferred to the private hospital.”
The sources added that “the case of the president is stable and currently competent medical team being necessary to determine the possibility of being transferred to overseas examinations.”
The medical sources confirmed that Iraqi President Fuad Masum, suffering from chronic diseases and it is difficult for him to carry out his duties for the year continuous continue uninterrupted source, adding that 76 year old Masum, the youngest of the former President Talabani to one year
CanTWaitwoRV says():http://skypressiq.net/12393-%D9%85%D…%B1%D8%A9.html LINK
CanTWaitwoRV says():interesting times
CanTWaitwoRV says():obviously we need to see more articles
faith1 says():just read Millionday Ink from last evening…re salaries ,,,Millionday: WELCOME TO NEWSTIME
Millionday: Ministry of Labour and Social / Department of pension affairs, social workers and security called for creditors of the campaign cards of “Ki-Card” and “manual exchange” to receive pensions for the months of January and February will be held on the seventh and eighth of this February.
Millionday: NOTE — FEB 7TH AND 8TH THEY ARE SAYING ELECTRONIC BENEFITS WILL BE LOADED
Millionday: A spokesman for the Ministry of Labour Ammar Menem, in a written statement / KD / received a copy of it: that the workers pay the salaries of creditors of the card holders of the “Ki-Card” will be on Sunday of next week (the seventh of February will), what would be the salaries of employees exchange (exchange manual) on Monday (February eighth of this).
Millionday: Menem said that the amounts of pensions transferred to the General Administration of the Rafidain Bank for the purpose of distribution in
David[[email protected]] says():Nothing would make me happier, but they can’t even incarcerate Maliki. Maybe Sixty minutes should interview with the Grand Ayyatollah atolla Al-Sayid Ali- Husseni Al – Sistani. Charlie Rose;s forst question you empowered the citizens of a country to force a government that was entirely corrupt. Did you not. Well Ayattolla with all due respect was that logical ii hind sight. Well Chjarlie if I had an Army I might have been able to clean house.
CanTWaitwoRV says():David…Clerics have their own Army tho
CanTWaitwoRV says():seeing Zebari’s actions, Massum, MP Jabouri and CBI/Parliment Integrity all in action somethings afoot imo
rcookie says():Interior arrest five officers and staff for issuing permits illegal market
Friend: oil and gas law will snap back to disagreements between Baghdad and Erbil
Economy and tenders Since 2016-02-04 at 11:23 (G
– The balance of news  Member of the Parliamentary Committee on oil and energy, Tariq said the adoption of the law on oil and gas will snap back to disagreements between Baghdad and Erbil, referring to the need for adoption during the new legislative term.
Called the National Alliance earlier, Government to finalize the draft oil and gas law and sent it to Parliament for approval, in a step towards resolving the economic crisis.
Commission member Tarek said a friend l/balance of news, that “the Federal Government withdrew before the more than 115 law draft to Parliament for reconsideration on the basis of the reforms and their actions, including the draft oil and gas law, as we are still waiting for inclusion in the agenda of the House.”
rcookie says():He said a friend, “this law will solve existing problems between Baghdad and Arbil because it hurt the interests of both parties in terms of their respective rights.
He noted that “We also need a national oil company law and licensing rounds and many things to facilitate oil and energy issues, as the licensing rounds are useful for people in financial terms but there are some things that need to be modified by the Iraqi legislature on certain conditions on tour with foreign and domestic firms, as it more than 20 years after the change of oil prices and Iraq’s needs and global markets, so should be reconsidered in order to fit with the current conditions and the considerable burden on the Government.”
Read More :
http://www.dinarupdates.com/showthread.php?29473-oil-and-gas-law-will-snap-back-to-disagreements-between-Baghdad-and-Erbil-2-4
rcookie says():He said, “we established a symposium two weeks ago on the oil Ministry to discuss this topic and suggested that some members of the Committee on oil and energy parliamentary mechanism to prepare draft law on the national oil company, the oil and gas Act legislation first and then other legislation”.
And concealed the previous sessions of the House of representatives to approve oil and gas law as a result of growing differences on many of its Statute.
http://www.microsofttranslator.com/b…258A%25D8%25A9  LINK
Read More :
http://www.dinarupdates.com/showthread.php?29473-oil-and-gas-law-will-snap-back-to-disagreements-between-Baghdad-and-Erbil-2-4
jeffusa says():”Our operations are hurting this enemy. We’ve hit their finances… we’ve shrunk their so-called caliphate… we have decimated their ranks and shaken their leadership… we have seen an uptick in reports of desertion, and more importantly, we have seen ISIL execute its own fighters for fleeing the battlefield.”
– Operation Inherent Resolve spokesman, U.S. Army Col. Steven Warren, commenting on the effects of the Coalition’s progress to defeat the terrorist group, ISIL.
Baxter1243 says():CLAY…… Are we RICH yet?
cjquade54 says to rcookie():do you think the IMF’s “expectation” by mid year includes the corruption that is coming to light?
rcookie says to cjquade54():HEY CJ…WHAT DO YOU MEAN..
jd says():The IMF had to know about the corruption a long time ago.
Hutch says to rcookie():cjquade54 says to rcookie(2:38 PM):just asking if the IMF factored in the dealing with corruption in their “by mid year” timeframe
rcookie says to cjquade54():THE CORRUPTION IS BEING DEALT WITH AS UNCOVERED…AND HAS BEEN FOR QUITE SOME TIME….
AS WITNESSED BY THE BANK SECTOR FINES…SUSPENSIONS…AND CLOSINGS  ….ALONG WITH ARRESTS OF INDIVIDUAL VIOLATORSD…
Dr Dave says():I thought curbing the corruption was part of Abadi’s reforms?
cjquade54 says to rcookie():so it’s all on the “to do” list
clay says to Baxter1243():I wish
jd says():I bet 90% of the politcians in Iraq were stealing money.
Baxter1243 says():Clay… Me too….
rcookie says to cjquade54():WE AQRE ABOUT TO SEE THE PRIVATIZATION OF THE 2 BIG STATE BANKS…WHO HAVE BEEN FOUND TO CONTROL TOO LARGE A RATIO OF IRAQS ASSETS…
AND UNDERMINE THE EFFICIENCY OF THE OTHER BANKS TO EXECUT PROGRAMS…WHILE CONTRIBUTING VERY LITTLE BACK IN RETURN TOWARDS GDP NON-OIL REVENUES….
Dr Dave says():the news indicates yadda yadda…and maliki is spending money like a wild man ….most expesive properties to the tune of 159 million
rcookie says():WHO CARES!!
Dr Dave says():where did you get that”
clay says to Dr Dave():he must have gotten his money where O did
Dr Dave says():So the USA is one of the most corrupt nations in the world and O owns lavish palaces?
clay says to Dr Dave():hes looking into them yes
rcookie says():SEE THIS HAPPENS EVERY TIME….AS AN INVESTOR INSTEAD OF UNDERSTANDING WITH THE RELEVANT PARTIES…IMF…CBI…WB…UN ARE SAYING & DOING…THE FOCUS GETS TURNED TO WHERE MALIKI IS LIVING OR WHAT HE IS DOING…..”LISTENING TO THE DRUNKS IN THE STANDS”…INSTEAD OF KEEPING EYE ON THE BALL…
ljenterprises says():rcookie: You are so right! (y)
cjquade54 says to rcookie():and with T&T’s launched they gotta make the move soon one would think
rcookie says():OK..NOW BACK TO OUR REGULARLY SCHEDULED POGRAM…
Dr Dave says():HOPIUM?
Baxter1243 says():Clay….if you are interested… a house on our lake has come up for sale… 22000 sq ft… 10 bedrooms.. two pools….a mother in law house of only 4000 sq ft.. a ten car garage…only 7 mllion… taxes a mere 1000 dollars a week..
clay says to Baxter1243():lol
Baxter1243 says():(lol) its quite nice
clay says to Baxter1243():no thanks looking to downsize (lol)
jeffusa says to clay():20,000 sq ft max?
clay says to jeffusa():more like 2800\
jarhead says():me too goinfor a 8×12-4 bedroom 😀
Dr Dave says():I wonder what Maliki gets for his 150 million
jeffusa says to clay():only 1 bedroom for me… that way no one can move home
jarhead says():exactly
clay says to jeffusa():totally understand
jarhead says():I R NOT!!!!!!!!
Kountryway says():Are there any dinar dealers left? I just went to look at Sterling & see that the FBI has raided them as well. It is said that the FBI is out to shut the Dinar Scam down. I’m a little concerned about my investment. I have been out of the dinar loop for quite a spell & don’t have a clue what has/has not happened in Iraq.
foxmulder says to jarhead():well well well a response on that hello ! lol
foxmulder says to Kountryway():soon ! no worries hang in there
jarhead says():the only one thats a scam is the US GOVERNMENT
Mark McKinnon[[email protected]] says():nothing has happen
Kountryway says to jarhead():LOL…that’s no secret
foxmulder says to jarhead():no s***zell !!!
Dr Dave says():Abadi: we can overcome the financial crisis and are facing resistance from corrupt
2/4/2016 0 Comments Picture
Search Prime Minister Haider al-Abadi on Wednesday with the president and members of the Parliamentary Integrity Committee the measures taken to curb the rampant corruption in state institutions and cooperation between the government and parliament in this area.
A statement by the prime minister’s office received by all of Iraq [where] a copy of it, that he “had been discussing the financial crisis and Strategies adopted by the government to overcome them.”
Abadi said that “we can overcome the financial crisis through cooperation among ourselves and there are many measures taken by the government,” pointing out that “political disputes and conflicts leading to the work stoppage and adversely affect the citizen.”
He said that “corruption has encouraged and factors such as red tape and bureaucracy, there is a strong resistance from the corrupt project simplific
rcookie says():SOME OF THE LANGUAGE OF WHAT WE SEE IN THE 2016 IMF LETTER OF INTENT/MEFP & TECHNICAL MOU…ARE DIRECTLY CORRELATED TO IRAQS 2015 IMF ARTICLE IV CONSULTATION…
AND THEIR RAPID FINANCING INSTRUMENT (RFI)….AND IMPORTANT CONSIDERATIONS IN LOOKING AT ASCENSION TO ARTICLE VIII…AS WELL AS LOOKING AT IMPORTANT TERMS LIKE…”
EASING RESTRICTIVE FOREIGN EXCHANGE MEASURES”…”INTERNATIONAL RESERVE LEVELS”…”FOREIGN EXCHANGE LIBERALIZATION”…AND “CENTRALIZING MANAGEMENT OF INTERNATIONAL RESERVES”…
AS WELL AS GROWING CRISIS WITH STATE OWNED BANKS WHICH WE ARE SEEING DEALT WITH TODAY…THIS REPORT IS FROM AUGUST 2015….
AND SHOWCASES THIS IS NOT SOME FLY BY NIGHT PLAN THROUGH THE IMMEDIATE CRISIS AT HAND…BUT RATHER A CAREFULLY ORCESTRATED DETAILE PLAN THAT TAKES THEM STEP BY STEP THROUGH 2020 AND BEYOND…….
clay says to foxmulder():not me 8-|
clay says to foxmulder():havent been in dinarland long enough
jd says():It would appear that the government was most concerned about dinar dealers that had reserve programs.
Dr Dave says():He said that “corruption has encouraged and factors such as red tape and bureaucracy, there is a strong resistance from the corrupt project simplification of procedures because it reduces the corruption.”
Among al-Abadi said “corrupt their arms and possibilities and trying to mix up the papers it is necessary to stop them, noting that there is corruption last is wasting public money” .anthy
clay says to Kountryway():hey buddy all good
foxmulder says to clay():long enough lol lol
Kountryway says to foxmulder():That word “soon” was a dirty word 7 months ago. Has it been polished up some? lol
clay says to foxmulder():for sure lol
clay says to Kountryway():it sure has
foxmulder says to clay():I’m ready are you ?
clay says to foxmulder():more than ready my friend lol’
rcookie says():ANYONE INTERESTED..
jeffusa says to rcookie():sure
Dr Dave says():me too
john09 says():me three
rcookie says():DID YOU READ ABOVE ^^^
clay says to rcookie():just did thanks
rcookie says):25. The restrictive foreign exchange measures helped maintain reserves. The effective depreciation of the exchange rate and the increase in the parallel market rate contributed to lower demand for foreign exchange this year.
As a result, in the first half of the year foreign exchange sales were on average much lower in 2015 than in previous years. However, the uncertainty on the availability of foreign currency also undermined confidence and impacted trade.
Nevertheless, the authorities saw this as a useful side-effect of the measures to the extent it avoided pressure on international reserves, which actually increased slightly in the first five months of the year.
rcookie says():THIS ADDRESSES SOME COMMENTS MADE THIS MORNING ABOUT DEPLETING IRAQ RESERVES BEING OUT OF CONTROL & UNCHECKED WHERE OBVIOUSLY BY THIS AND THE CBI STATEMENT IN 2016 LOI…IS ACTUALLY A PREMEDITATED PART OF THEIR PLAN…
rcookie says():26. The level of international reserves still appears adequate (Annex I). Compared to the 2013 Article IV report, the projected external position is much weaker.
Nevertheless, the projected level of international reserves at end-2015 exceeds conventional reserve adequacy indicators, at almost seven months of imports of goods and services and 175 percent of the Fund’s reserve adequacy (ARA) metric.
Reserves are projected to decline further by end-2016, but they are expected to remain at over five months of imports.
clay says to Kountryway():sterling and dinar corp were shut down because of reserves thats all
rcookie says():PLEASE READ THIS NEXT PART…AND REMEBER THIS WAS IN AUGUST 2015…AND THEN READ THE JAN 2016 IMF LOI AND SEE WHERE THEY ARE….
David[[email protected]] says():Whoops a bank run .Walkingstick: Iraqis are pulling their money out of banks for fear of bankruptcy. Not good for an RV .
rcookie says():THIS HAS TO DO WITH REMOVING CURRENCY EXCHANGE RESTRICTIONS…AND USE OF MULTIPLE CURRENCY PRACTICE (MCP)…
AND THE CBI’S INTENTION TO REMOVE EXCHANGE RESTRICTIONS AND MCP’S IN LINE WITH ACCEPTING ARTICLE VIII…..
rcookie says(27. The authorities are adopting a cautious approach to foreign exchange liberalization. Since the last Article IV consultation, Iraq has removed most of the exchange restrictions previously maintained.
However, one new exchange restriction has been identified arising from the weekly limits on cash purchases by financial institutions from the CBI.5 Furthermore, Iraq continues to maintain a Multiple Currency Practice (MCP), which arises from the absence of a mechanism to ensure that the official exchange rate and the parallel market exchange rate do not deviate by more than two percent (see Informational Annex). The CBI confirmed its intention to remove the
Localcats says():i like that thankey
David[[email protected]] says():Just quoting the Guru Walking Stick
rcookie says():remaining exchange restrictions and the MCP, in line with Iraq’s objective of accepting Article VIII obligations. The authorities also removed the advance customs duty and income tax payment because of their negative impact on market volatility.
They also committed to removing the weekly limits on cash transactions, once external conditions allow. Staff welcomed these steps and recommended that the CBI set the appropriate pace of liberalization on the basis of the volumes of auction sales and the behavior of the spread, which could be a good gauge of depreciation pressures. Staff underlined that AML/CFT concerns should be best addressed through the improvement of the relevant legislative and institutional framework.
rcookie says():WELL………
foxmulder says():” ONCE EXTERNAL CONDITIONS ALLOW ”
cowboydownsouth says():Clay Interesting that treasury vault and several others are still selling researves sure wish BGG statement eirlier that we might see our money back would come true could sure use it.
rcookie says():YES…
clay says to cowboydownsouth():me too
clay says to cowboydownsouth():what did B
clay says to cowboydownsouth():BGG say about it missed it
john09 says():timeframe with the right conditions
rcookie says():AND FINALLY THE CBI CENTRALIZATION MANAGEMENT PLAN FOR INTERNATIONAL RESERVES…
cowboydownsouth says(A while back he was saying we might see some money back from Dinar corp
foxmulder says):” ONCE EXTERNAL CONDITIONS ALLOW ” the CBI set the pace !! { please step it up will ya } the first paragraph absence of mechanism ??? interesting
clay says to cowboydownsouth():oh ok
clay says to cowboydownsouth():remember that
rcookie says():28. The CBI plans to centralize the management of international reserves. Currently, CBI reserves are mainly managed through the Federal Reserve Bank of New York and other central banks.
The CBI has as a long-term objective to move management of its reserves back to Baghdad, which will require planning and implementation of concrete steps. Staff supported the CBI’s intentions, but recommended to adopt a very gradual approach hinging on the build-up of adequate capacity at the CBI.
Furthermore, with technical assistance from the Fund the CBI updated the 2008 guidelines for reserve management to bring them in line with the CBI Law and address quantitatively all key reserve management strategic objectives, such as Strategic Asset Allocation, credit risk limits, or liquidity needs. The next challenge for the CBI will be to effectively implement this new framework.
rcookie says():ANYONE CARE TO WAGER WHO WONT BE THE CBI GOVERNOR WHEN THOSE INTERNATIONAL RESERVE FUNDS ARE MOVED BACK TO BAGHDAD………….
WHEN THOSE INTERNATIONAL RESERVE FUNDS ARE MOVED BACK TO BAGHDAD………….
wmawhite says):The name starts with an “S”
rcookie says():ANYONE INTERESTED IN THIS FROM IMF…OR WANNA DISCUSS WHERE MALIKI IS LIVING OR WHAT HOUSE HIS KID JUST BOUGHT…..
wmawhite says():Also the letter “A”
foxmulder says to wmawhite():bibi lol
rcookie says to wmawhite)::D
wmawhite says():How about asteroids……and dams
Hutch says to rcookie():Hey, sorry, coming in the tail end of this
Hutch says to rcookie():Im Interested. and have a question based on previous statement.
eman4u55 says():sorry but i care more about when then who
rcookie says():GONNA POST THIS 1 MORE TIME IN CASE ANYONE MISSED…..
Hutch says to rcookie():Who would make a good replacement for CBT gov.? IYO
Hutch says to rcookie():CBI gov replacement
rcookie says():REMEMBER FROM ARTICLE IV CONSULTATION AUGUST 2015…..
Hutch says to rcookie():I have a guess, but would like your and Mr white opinion
rcookie says():27. The authorities are adopting a cautious approach to foreign exchange liberalization. Since the last Article IV consultation, Iraq has removed most of the exchange restrictions previously maintained.
However, one new exchange restriction has been identified arising from the weekly limits on cash purchases by financial institutions from the CBI.5 Furthermore, Iraq continues to maintain a Multiple Currency Practice (MCP), which arises from the absence of a mechanism to ensure that the official exchange rate and the parallel market exchange rate do not deviate by more than two percent (see Informational Annex).
The CBI confirmed its intention to remove the remaining exchange restrictions and the MCP, in line with Iraq’s objective of accepting Article VIII obligations. The authorities also removed the advance customs duty and income tax payment
rcookie says():because of their negative impact on market volatility. They also committed to removing the weekly limits on cash transactions, once external conditions allow.
Staff welcomed these steps and recommended that the CBI set the appropriate pace of liberalization on the basis of the volumes of auction sales and the behavior of the spread, which could be a good gauge of depreciation pressures. Staff underlined that AML/CFT concerns should be best addressed through the improvement of the relevant legislative and institutional framework.
rcookie says():5 In addition, Iraq continues to impose two exchange restrictions identified in 2009 (see Informational Annex).CBI Foreign Exchange Sales(In billions of U.S. dollars)2013 2014 2015 1/Annual CashTransfers TotalMonthly average CashTransfers Total11.8 14.5 2.6 42.1 37.0 15.8 53.9 51.5 18.31.0 1.2 0.4 3.5 3.1 2.6 4.5 4.3 3.1Source: Central Bank of Iraq. 1/ For six months.
rcookie says():THEY ARE TELLING YOU EXACTLY WHAT THEIR INTENTIONS ARE AND WITH THE IMF (STAFF) BLESSINGS……
rcookie says():AND THE AML/CFT CONCERNS WERE ADDRESSED THROUGH LEGISLATIVE & INSTITUTIONAL FRAMEWORKS…..DONE…DONE…DONE…
Hutch says to rcookie():(y)
rcookie says():THIS IS WHAT THEY HAVE BEEN DOING IN MONITORING FINANCIAL RISKS IN BANKS…..
rcookie says():PLEASE STAY WITH ME HERE…VERY IMPORTANT…
eman4u55 says():({)
rcookie says():READ CAREFULLY…
rcookie says():he crisis is putting the banking system under stress, prompting the authorities to increase financial system monitoring and push ahead with the reform of state-owned banks.29. The crisis will delay the development of the banking sector.
With end-2014 deposits of 22 percent of GDP and credit to the private sector of 7 percent of GDP, the banking system remains underdeveloped due to lack of competitiveness, dominance of state-owned banks, and limited business opportunities.
The largeststate-owned banks, Rasheed and Rafidain, which account for 90 percent of banking sector assets, are severely undercapitalized and largely illiquid following years of quasi- fiscal operations. Private banks’ activities are mainly limited to trade finance transactions.
There is a lack of automated banking systems, reporting practices are not up to International Financial Reporting Standards
rcookie says():(IFRS), and audits of financial statements are often of poor quality. Nonperforming loans (NPL) are likely increasing due to the effects of the conflict and the external shock, and data quality remains poor.6
rcookie says():6 NPL data should be treated with caution as Iraq does not compile Financial Soundness Indicators (FSI) that are in line with international standards. Upcoming technical assistance in this area from the Statistics Department of the IMF, funded by the UK Department for International Development, will enhance CBI capacity to monitor banking system developments.
rcookie says():OK!!!!!!!!
ljenterprises says():(y)
rcookie says():ANYBODY GETTING THE MAGNITUDE OF THIS…
eman4u55 says():my butt hurts
rcookie says():OVER AND ABOVE THE 2 STATE BANKS PRIVATIZE…
Hutch says to rcookie():reading
rcookie says to eman4u55():  😀
clay says to eman4u55():u nut lol
eman4u55 says(3:40 PM)::D
ljenterprises says):   eman4u55: Too funny but true 😀
clay says to ljenterprises():   very true my butt hurts as well 8-|
rcookie says():   WHAT HAVE YOU HEARD ME TALK ABOUT HUGE THAT HAPPENED RECENTLY ABOUT IFRS….   rcookie says():   THINK 1-7-16   rcookie says():   CBI
mimi3 says to rcookie():   in layman’s terms what does it mean?
ljenterprises says():   Every thing you talk about is HUGE 😎
Hutch says to rcookie():   Bad debt
Hutch says to rcookie():   substandard loans
rcookie says():   ON 1-7-16 THE CBI MADE 2 ANNOUNCEMENTS
rcookie says():   THE 1ST WAS GOLD COIN PROGRAM….
rcookie says():   ANYONE REMEMBER #2
luvmydream says():   international accounting standards
joyojoy says():   international framewrk
rcookie says():   GIVE THAT LADY A CIGAR!!!   rcookie says():   OH YEAH…
joyojoy says to luvmydream():   (y)
subgirl says to luvmydream():   (y) WOW!
luvmydream says():   it was a really awesome announcement 🙂
Cricket22 says():   That’s impressive! (y)
Cricket22 says to rcookie():   Please don’t quiz me, cuz I will fail 😀
subgirl says to joyojoy():   you did good too!!! (y)
clay says to luvmydream():   r u an imposter (lol)
subgirl says to clay()::D
rcookie says():   IT WAS THE ORDER FROM CBI TO TRANSITION FROM UNIFORM ACCOUNTING STANDARDS…TO IAS INT’L ACCOUNTING STANDARDS…
WHICH DEALS WITH AML/CFT FinCEN BSA…laws…and more importantly the ifrs international financial reporting standards are what every stock market & bourse in the world uses for financial reporting of publicly traded companies….!!!!!!!!
clay says to subgirl():   lol
luvmydream says to clay():   depends on who im posing as i guess 😉
clay says to luvmydream():   our girl lol
subgirl says to rcookie():   WOW!
eman4u55 says to rcookie():   can you guys please do a call 🙂
7shiela says():   So does that mean RV today?
rcookie says():   THIS IS ALSO WHY THEY MADE THE ANNOUNCEMENT OF HAVING 2 SETS OF BOOKS FOR 2015….JAN THRU APRIL UNDER UNIFORM ACCOUNTING AND MAY THRU DEC WITH IAS…..THEN 2016 AND ON IAS ONLY…..HELLO ISX!!!!!!!!!!!!!!
mimi3 says to 7shiela():   great question!
7shiela says():   I’m ready
Cricket22 says to 7shiela():   Ohhhhh…me 2 🙂
thomas1 says():   good afternoon may ask a ?
7shiela says():   I’ve been here almost 7 years
mimi3 says to 7shiela():   me too
subgirl says():   [3:49 PM] rcookie: THIS IS ALSO WHY THEY MADE THE ANNOUNCEMENT OF HAVING 2 SETS OF BOOKS FOR 2015….JAN THRU APRIL UNDER UNIFORM ACCOUNTING AND MAY THRU DEC WITH IAS…..THEN 2016 AND ON IAS ONLY…..HELLO ISX!!!!!!!!!!!!!!
7shiela says():   been a long ride, but I know it will be worth it
rcookie says():   NOW THINK ABOUT THAT…ALONG WITH THE ANNOUNCEMENT LAST WEEKEND OF THE EXECUTIVE DIRECTOR OF ISX…ANNOUNCING PROVINCIAL FINANCIAL CENTERS…
THAT WILL RECEIVE THE DATA FROM THE ESX & ISX…AND TRANSMIT TO LICENSED BROKERAGE HOUSES AND BANKS FOR TRADE & EXCHANGE TRASACTIONS…..AL WITHIN 6 SECONG TIME LAG…..
thomas1 says():    what is all this over dinar guru land that poppy is say a rv for sure by feb 1 ,2016 . i know poppy and he has never for sure before
rcookie says():   SECOND*   rcookie says():   ITS FEB 4TH
rcookie says():   ANYONE INTERESTED…HERE IS THE LINK FOR 2015 ARTICLE IV CONSULTATION AND REQUEST FOR PURCHASE UNDER THE RAPID FINANCING INSTRUMENT—PRESS RELEASE; STAFF REPORT;
AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ …..IT IS AWESOME …AND SHOULD BE READ AGAINST THE 2016 IMF LETTER OF INTENT/MEFP/TECHNICAL MOU…..
rcookie says(3:57 PM):    https://www.imf.org/external/pubs/ft…15/cr15235.pdf
https://www.imf.org/external/pubs/ft/scr/2015/cr15235.pdf
subgirl says to rcookie():   It is exciting to see all the deadlines being met and even ahead of time!!! (y)
rcookie says to subgirl():   YES IT SURE DOES SUBBY!!!!
jeffjane says to subgirl(4):   I am getting ready to finish the wine barrel from last night. Love the news.
subgirl says to jeffjane():   oh no lol
rcookie says(4:05 PM):   THESE REPORTS ARE SO VERY DETAILED AND PROVIDE ALL THE INSIGHT YOU NEED TO FOLLOW WHAT IS GOING ON……
IMF LETTER OF INTENT (LOI)/MEMORANDUM OF ECONOMIC & FINANCIAL POLICIES(MEFP)/AND TECHNICAL MOU FOR 2011 & 2016….THE 2016 BUDGET….
AND THE 2015 ARTICLE IV CONSULTATION AND REQUEST FOR PURCHASE UNDER THE RAPID FINANCING INSTRUMENT—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ….
SHOULD BE REQUIRED READING FOR ALL IN THIS INVESTMENT…AND WILL RETURN MUCH PEACE & UNDERSTANDING AND LESS GURU SPECULATION
eman4u55 says to jeffjane():   http://www.folh.net/meetings.html?gc…Fc6PHwoddzYDOw 😀
http://www.folh.net/meetings.html?gclid=CLyHnuqO38oCFc6PHwoddzYDOw
buck says():   does the loading of the e-cards require (or at least benefit from) a change of currency value
buck says():   a simple “yes” will suffice lol lol lol
clay says():   guess not lol
buck says():   wow lol   buck says():   think no one knows…i think someone has an opinion lol
1glen says to buck():   From what I remember the answer is YES
buck says to 1glen():   thank you sir, i thought so as well but was not sure…..
clay says to 1glen():   I sure hope so
wmawhite says to rcookie():   It appears that all of this detailed information supports what the IMF made available to the world in the Technical Letter of Agreement between the CBI, GOI and the IMF.
1glen says to buck():   You are very welcome. From what I remember there had to be an international valued currency so that the Iraq citizens could use them where ever they were
buck says to 1glen():   that is what i always heard….to be used worldwide….
Baxter1243 says():   Where..oh Where is our M O N E Y??
clay says to Baxter1243():  you tell me lol
Baxter1243 says():   They buy Commercial Jets.. they buy F 16.. they buy missles.. they build new malls… they buy this and that..and yet… we havent seen a dime
Baxter1243 says():   whats wrong with this picture
Baxter1243 says():   yet.. they are going broke supposedly (lol)
clay says to Baxter1243():   yep cant quite figure it out yet after almost 6 yrs (lol)
maine says():   they have been using the petro dollar not the dinar
clay says to maine():   yep we know that
Baxter1243 says():   Clay..well my 11th year starts March 15…. and on that day…. the dinar goes on the closet shelf
clay says to maine():   waiting for the dinar
maine says():   thats right
clay says to Baxter1243():   cant blame ya buddy
Baxter1243 says():   Im gonna get away for awhile
clay says to Baxter1243():   me too
clay says to Baxter1243():   need to move by you and fish
clay says to Baxter1243():   cant wait till this is over
Baxter1243 says(4:31 PM):   Clay…come on down
clay says to Baxter1243():   planning to with the wife ASAP
clay says to Baxter1243():   she dont fish lol
jeffusa says to clay():   bring back global warming… I’ m freezing here
subgirl says():   $$$$$$$$$$$$$
poppy3 says to tman23():   AMEN THEY ALSO SAID THE TAX ON IMPORTS WILL NOW BE 10% to offset OIL PRICE BEING BELOW $45.00 BARREL. THE RATE WILL SHOW DURING THIS MONTH
tman23 says():   Interesting that the CBI went to the trouble to update their site by adding the picture and description of the new 50,000 IQD note along with the 10,000 note that has been out for some time…….But why did they leave out the “newer” 25,000 note that was introduced shortly after the 10,000 note with newer security features…….
poppy3 says to tman23():   LOTS OF AWESOME NEWS EVERYDAY NOW. THEY ARE MAKING MOVES EVERYDAY TO INCREASE REVENUE. THEY JUST THIS WEEK RESTARTED THE AGRICULTURE PROGRAM . POPPY3
tman23 says():   Economist, stressed that “Iraq cannot count on national products because it lacked a real regulatory system, or qualifying infrastructure.”
David zayer said that “Iraq possesses no infrastructure being able to rely on local industries.
He added that “the provision of electric power and regular transportation as well as an abundance of raw materials, are infrastructure allows for national industry starting in the domestic market and cover the actual need that lauds llastghana on import, add to the loss of system regulates the import”.
poppy3 says to Baxter1243():   THEY ALREADY GROWING BUT THE ASSIGNED THEIR BRIGHTEST AG. STUDENTS TO DIFFERENT AREAS OF AGRICULTURE AND GAVE THEM THE GROUND TO GET IT DONE.
BEFORE THE WAR THEY WHERE THE THIRD LARGEST FOOD PRODUCTION WORLD WIDE DON’T FORGET THEY HAVE THE SITE OF THE GARDEN OF EDEN. FERTILE SOIL YOU THINK.
Poppy are you referring to the report that MD brought in the other night?
dwightj says():   A LOT OF THIER FOOD PRODUCTION WAS DONE WITH IRREGATION THAT SYSTEM WAS DESTROYED
Yes.. they probably need miles and miles of PVC Pipe….
templejc says to dwightj():   BUT THEY HAVE BEGUN
tman23 says():   As I have been saying…….Great to enter a market economy !!!! But Iraq does not have a qualifying infstructure and quality standards in place that would allow for rapid development……….
And they are not worker bees…… It takes a long time to turn this around…….. The government is the major employer in Iraq……pay the salaries and then take it back in tax………that is truely the dog chasing it’s tail…….wont take long before Iraqi’s figure out they basically got a pay cut and the GOI just did it in a slick way………LOL
dwightj says():   AND PUMPS AND POWER UNITS PLUS TRACTORS AND TOOLS AND SEEDS AND FERTILISER
Baxter1243 says():   Tman… that about sums it up…. only thing they have this year to depend on ..is OIL
dwightj says():   BUT THATS RIGHT THEY HAVE STARTED AND THATS THE MAIN THING
dwightj says():  I WONDER IF OBUMMER WILL LOAN THEM SOME FIELD WORKERS TO GET IT DONE
dwightj says():   (lol)
tman23 says to Baxter1243():   We are soon to find out if they go to CBI reserves for the next 6 months to cover shortfalls…….or we see a shift in the IQD currency……..
I as all hope it opens where we are able to exchange IQD for profit…… It is a titter totter right now and could go either way……But we are soon to find out !!
Baxter1243 says():   Tman…. just bring it on either way and lets get this over with..one way or the other..
dwightj says():   THATS A PLAN AS THEY COME OVER THE BORDER JUST LOAD THEM ON PLANES AND FLY THEM TO IRAQ
dwightj says(PM):   I AGREE WITH THAT BAX
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