Chat Room – News Excerpts & Highlights
subgirl says():Iraq signs loan guarantee worth $1 billion agreement with the u.s.
Read More :http://www.dinarupdates.com/editpost…46&do=editpost {Baghdad: Euphrates News} signed the Government of Iraq, on Thursday, the loan guarantee agreement with the United States, valued at $ 1 billion, to support the country’s important economic reforms.
According to a statement of the embassy and agency {Euphrates News} received a copy of it today, that ” the Government of Iraq signed an agreement loan guarantee with the United States, as this signing is the first step in the process that would allow Iraq to a greater opportunity to enter the international capital markets.”
“The contract was signed after the fulfillment of legal requirements and taking into consideration the specific actions, Iraq can move forward to become the beneficiary of a sovereign loan guarantee from the United States.”
He said the embassy statement that ” the loan guarantee confirms the enduring commitment of the United States to the people and Government of Iraq in their battle against Daesh criminal gangs, and that the design of loan guarantee to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity.”
He pointed to ” the signing , which took place today is the first step to put the finishing touches to ensure the sovereign loan,” Mushir that ” The second step is to the formal exchange of diplomatic memoranda between the United States Government and the Government of Iraq ,
under which included the United States government to pay the amount borrowed and the interest arising the issuance of sovereign financial support by the Government of Iraq , including a total of $ 1 billion , “expected to be” to proceed with the second step of the process in the coming weeks. ”
During the signing ceremony , he stressed Stephanie Williams, Chargé d’affaires of the Embassy of the United States “on the solidarity of the people and the Government of the United States with the people and Government of Iraq by saying , ”
This money will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a promising future brighter. ”
the statement continued that” the loan guarantee agreement shows that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people,
under the strategic framework agreement, the Embassy of the United States is working closely with the the Government of Iraq to guarantee that the current economic challenges do not affect the ongoing campaign to defeat Bdaash ,
“stressing that” the sovereign loan guarantee will provide additional support to Iraq as a strategic partner stable , self – reliant United States of America “.anthy
http://www.dinarupdates.com/showthread.php?45226-Iraq-signs-loan-guarantee-worth-1-billion-agreement-with-the-u-s
subgirl says():this might be the same article from loop… lets see…
subgirl says():Baghdad and Washington sign a sovereign loan of US billion-dollar agreement
Author: AB Editor: AB1.5.2017 11:46 Long-Presse / Baghdad Announced Alomarkih embassy on Thursday the signing of Iraq and the United States of America an agreement to ensure the US sovereign loan worth billion dollars, and promised that “the first step” to allow greater opportunity for Iraq to enter the international capital markets and “commitment” Washington guide his support in the fight against Daesh, as suggested completion the second step of the formal diplomatic exchange of notes within weeks.
The US Embassy said in a statement received (range Press), a copy of it, that “the Government of Iraq signed today an agreement loan guarantee with the United States one billion dollars,” returned the signature “as a first step in the process that would allow Iraq to a greater opportunity to enter international capital markets. ”
The statement added that “Iraq could yet have been fulfilled legal requirements and taking into account the specific procedures, to move forward to become the beneficiary of the guarantee sovereign loan from the United States,” adding that “the loan guarantee this confirms a permanent commitment from the United States to the people and Government of Iraq in their battle against Daesh. ”
The statement continued, “The design of loan guarantee that was to support Iraq financially in his quest Gahd to complete the liberation of Iraq from Daesh and continue the important economic reforms in order to restore growth and prosperity,” he said, adding that “the signing, which took place today is the first step to put the finishing touches to ensure the sovereign loan “.
The statement disclosed that “The second step is to the formal exchange of diplomatic memoranda between the United States of America and the Government of Iraq, under which included the United States Government Government to pay the amount borrowed and the interest of the issuance of sovereign financial support by the Government of Iraq, including a total of billion dollars,” expected to “go the second step of the process in the coming weeks.”
The statement quoted the Chargé d’affaires of the Embassy of the United States Stephanie Williams as saying during the signing of the agreement, he said that “these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a future promising brighter. ”
The statement said, “The agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people,”
pointing out that “the United States Embassy and under the Strategic Framework Agreement, is working closely with the Government of Iraq to ensure that the current economic challenges affect the ongoing campaign to defeat Bdaash. ”
The statement stressed that “sovereign loan guarantee will provide additional support for Iraq as
subgirl says():The statement quoted the Chargé d’affaires of the Embassy of the United States Stephanie Williams as saying during the signing of the agreement,
he said that “these funds will help the Iraqi government on food, water, shelter and medical care to the most vulnerable Iraqis to provide and allow them to benefit from government services such as education and health care that will enable them to build a future promising brighter. ”
The statement said, “The agreement demonstrates on this day that Iraq continues to progress towards achieving its objectives in the economic reform for the benefit of the Iraqi people,” pointing out that “the United States Embassy and under the Strategic Framework Agreement, is working closely with the Government of Iraq to ensure that the current economic challenges affect the ongoing campaign to defeat Bdaash. ”
The statement stressed that “sovereign loan guarantee will provide additional support for Iraq as a strategic partner stable, self-reliant United States of America.”
http://www.dinarupdates.com/showthread.php?45223-Baghdad-and-Washington-sign-a-sovereign-loan-of-US-billion-dollar-agreement-1-5
subgirl says():WOW! that is awesome!!!!
rcookie says():Parliamentary Finance warns of US loan go to the pockets of corrupt
Il Giornale BAGHDAD – The Journal News Finance revealed in Parliament on Thursday that the US sovereign, which will get Iraq soon, the loan will be converted into health and education sector, in addition to a slice of the poor, and while criticizing the government continues to resort to borrowing political warned of new loan funds go into the pockets of the corrupt.
The member of the Finance representative, Magda Tamimi’s (Journal News), said that “monetary policy pursued by the government towards financial loans marred by a lot of uncertainty because of the lack of a specific mechanism for distribution to the necessary financial doors,” indicating that “the Ministry of Finance confirmed that the beneficiaries of the US loan is the health and education sectors and a slice of the poor. ”
She warned al-Tamimi, “the loss of this money in the pockets of corrupt before it reaches the beneficiaries,” citing the need to “speed up identifying a specific mechanism in the movement of this money,” she said, “Hosting the Ministry of Finance officials at the beginning of the next legislative term to see the doors of disbursement of the loan.”
And member of the Finance Committee noted that “the Iraqi government, Iraq carried a lot of loans that will fall upon citizens prior to payment, with interest accrued thereon.”
And it announced that the Ministry of Finance, signed Thursday with officials in the US Treasury to guarantee the sovereign loan worth billion dollars, noting that the loan will provide resources to enable the Iraqi government to fulfill their basic obligations to the Iraqi people. is over
1bobby says to rcookie():Good Morning! When we see this type article, am I thinking correctly that the IMF, per the SBA, will have a certain level of control over the disbursement of these monies? I know this is U.S associated, but there is some oversight (transparency/Audit) going on now. Thanks
BGG says():That is a really good article – shows the tone of the Iraqi people right now. They are very much on board with reform and getting at the corrupt.
1bobby says to BGG():I agree. Used to be silence, now they are speaking out putting people on alert that we’re onto you
Holly1 says():Ministry of Finance: US loan to Iraq one billion dollars
Holly1 says):BAGHDAD / News Network Iraq Ministry of Finance announced on Thursday the signing of ensuring the sovereign loan worth billion dollars with Omrica.oukal Undersecretary Fadel prophet on the sidelines of the signing of the contract at a news conference in Baghdad today:
”Iraq and the US signed a guarantee sovereign loan worth one billion dollars, “noting that” the signing represents a first step in the access to international capital markets to greater after he was fulfilling legal requirements and taking into account the specific policies.
“He added a prophet, that” the United States the US will ensure that by ensuring that the sovereign loan repayment amount the borrower, in addition to interest under issued financial support from the Iraqi government.
“He continued,” the completion guarantee sovereign loan of two important steps process first summed up in should be signed to ensure the sovereign loan by the government of Iraq and the United States, and the second summed should be an exchange of diplomatic notes between the the Government of Iraq and the United States to the final play to guarantee the payment of the amount borrowed and the interest of the issuance of sovereign financial support from the Government of Iraq, including a total of billion dollars.
“He pointed out that” Iraq is struggling to meet its financial obligations and provide basic services to its citizens, “explaining that” the loan will provide resources which enables the Iraqi government to fulfill their basic obligations to the Iraqi people and will enable it to accurately focus on the fight against Daesh “He stressed the prophet, that” the loan guarantee as
Holly1 says():well as the continuation of the United States’ strong its commitment to help Iraq win the battle against Daesh and economic reform and to take advantage of all Iraqis of the proceeds of this loan, “he said, adding that” this loan will facilitate the financing of the loan by another billion dollars without a guarantee from the US government. ”
rcookie says():The fight against terrorism: We have recovered 70 percent of the east of Mosul .. That is the role of the population
Twilight News Twilight News counterterrorism chief device / she said that Iraqi forces have regained about 70 percent of the east of Mosul from the hands of the organization Daesh fighters are expected to reach the bank of the river separating the two parts of the city in the coming days.
First Lt. Gen. Talib Hgati The head of counter-terrorism, who lead the campaign, which aimed to recover the northern city that the cooperation of the city’s population helps forces to make progress in the face of the organization.
The attack, which entered its second week ten renewed momentum since backed alliance led by the United States offered the city a week ago and took over a number of other eastern neighborhoods despite the offset of fierce resistance by Iraqi forces gained.
Hgati said in an interview with Reuters from Arbil “explicitly approximately 65 to 70 percent of the left coast has been edited.”
“I think the next few days, claimed the witness full liberalization left the yard, God willing.”
The western part of the city is still under the full control of the organization of the Islamic state, which is fighting to cling to the largest strongholds, using snipers and suicide bombings “in the hundreds”, said head of counter-terrorism.
And participate in the Mosul attack force of 100 thousand fighters from the Iraqi government forces and Kurdish fighters, security and factions of the popular crowd, most of them Shiite fighters. The attack is the biggest battle going on in Iraq since the US-led invasion of Iraq in 2003.
The Alliance, which supports the US-led attack Iraqi commander of the growing momentum is due largely to improved coordination between the military and the security forces. He added that the Iraqi improved their ability to defend against car bombs carried out by bombers.
Despite the small number of its fighters compared to the attacking forces it has used the organization of the city and the
1bobby says to Holly1():or it was lol
rcookie says():Human shields
Has been under the presence of large numbers of civilians on the battlefield use of Iraqi forces for artillery is the cooperation of the population forces helped identify the militants targeted sites.
He Hgati “provide us with information about the presence of terrorists. Movements. Weapons. Helped us track them down and arrested some of them and treat them.”
During the processing of the attack of Mosul, Iraqi officials expressed hope that the city’s population to rise up to the organization, which will accelerate the fall of the city.. However, the mass executions damper discouraging many from the broad resistance.
And most likely will be the victory of the Iraqi forces in Mosul, marked the end of the Caliphate State declared by the organization’s leader, Abu Bakr al-Baghdadi, two-and-a-half from the main mosque in Mosul ago after its fighters swept through the city.
However, it flexed its fighters in recent days the methods that are likely to resort to it if the city fell from their hands, killing dozens of bombings in Baghdad and attacked security forces in other locations.
On Thursday, there was an attack in the eastern outskirts of the Iraqi capital, the organization claimed responsibility for killing six people.
The counterterrorism incursion into Mosul from the east in late October and has made rapid progress is that the Iraqi regular army forces in charge of the progress of the North and South have been slower to progress and stopped the military operation for several weeks.
The members of the anti-terrorism forces and has about ten thousand individual, which was formed ten years ago with the support of US troops from the best trained and equipped fighters in Iraq.
Hgati described the role of the international coalition, which provides air support and advise Iraqi forces on the ground that he has an important role and said that the organization is crumbling under pressure.
“The Daesh put a lot of plans to impede and block … has been overcome and actually edit these areas too quickly.”
He added: “We have intelligence information about the escape of the leaders. Escape their families. Breakouts important groups outside of Iraq.”
Holly1 says():Vice: The government has withdrawn $ 30 billion from the reserves of the Central Bank
Holly1 says():Baghdad / Iraq News Network revealed the Kurdistan Alliance MP Majid Chenkali, Thursday, that the government withdrew more than $ 30 billion of oil reserves in the World Bank since 2013 and up to Alan.oukal Chenkali in a press statement today: “The Iraqi Central Bank reserves of oil it was reported more than $ 80 billion in 2013, but today has up to $ 47 billion, “attributing the
Holly1 says():cause to” pull the federal government to reserve more than 30 billion dinars, since 2013 up to now. “he added,” the government in Baghdad emit of oil, and for it to take loans from foreign countries by the World Bank and the Islamic development Bank, “noting that” the Kurdistan government does not take from any party whatsoever. ”
Holly1 says():Where – Baghdad] confirmed Parliament Speaker Salim al – Jubouri, on Thursday, the need to find visions fit the future of Iraq after the victory over terrorism.
A statement by the Office of the member of the board of the Presidency of the Council of Representatives Hamoudi, the Agency has received all of Iraq [where], a copy of it, that “Parliament Speaker Salim al – briefed on the latest developments and the preparations carried out by the Preparatory Committee for the Baghdad
Holly1 says():dialogue to be held in January 14 to 15 this , sponsored by a member of the board chairman of the parliament Hamoudi, during a meeting with Executive Director of the conference , Abbas al – Amiri. ”
And eighth – Jubouri, according to the statement, ” the efforts of those in charge of the upcoming conference and continued their work, in order to find suitable formulations and visions for the future of Iraq after the victory over terrorism and the importance of the stage to listen to various Iraqi, Arab and international perspectives in this regard.”
Holly1 says():Government measures to raise the value of the dinar and prevent monopoly sale Atar..anchae governmental banking company to reduce the use of forged documents in the currency smuggling
Holly1 says():The observer of the Iraqi – Mushtaq Hasnawi
CBI is seeking to raise the Iraqi dinar exchange rate against the dollar in the domestic market during the next term in coordination with the government and private banks through several steps in the forefront of the establishment of government banking company controls the sale of foreign currency by the Central Bank of the recommendations,
as well as all other administrative steps will contribute to the reduction of the high dollar exchange rate despite the infusion central bank large amounts of dollar to meet domestic market needs, but the government and the central bank ‘s policy of relying on oil to bring in hard currency for the country may cause future economic problems in the country.
Holly1 says():And sees specialists that there is fraud of the documents under which banks and dealers get hard currency from the bank auction and that befuddled the process of selling them in the domestic market,
driving up the dollar ‘s exchange rate against the dinar, and the security forces did not take any actions against the counterfeiters in spite of filing complaints so the fact that most of them linked to influential political party hinder the application of the law, and there are expectations of an increase of revenues of hard currency due to improved oil prices,
and this will have a significant role in increasing the supply of foreign currency on the domestic market and thus will increase the central bank’s dollar selling to Mwatunain.edo governing body outlets Central Bank Majid picture says in a conversation with (Iraqi observer):
the Central Bank has taken several measures in order to raise the value of the Iraqi dinar , including the establishment of government banking company in collaboration with the Rafidain and Rasheed ,
as well as the participation of trade Bank of Iraq … and take this company upon themselves to sell the dollar operation in the domestic market in order not to monopoly by the banks that participate in the currency the central bank window, and continued the picture:
there is a problem facing our work forged documents under which the traders and banks get hard currency from the bank auction, and most of these forged documents in spite of the presence of ratifications commercial attache offices to some embassies in Iraq, strange that the security services did not take any actions against counterfeiters , because each link of influential political figures in the government.
Suri predicted that there would be positive effects of the agreement to cut oil production “OPEC” on the Iraqi dinar exchange rate. He pointed out that Iraq ‘s revenues in hard currency may Tzdad, and this will have a significant role in increasing the supply of currency in the local market.
Holly1 says():For his part, the financial expert punitive Hamid said in a conversation with (Iraqi observer) that 80 percent of the $ 312 billion sold by the central bank in 12 years, had been smuggled abroad. He added: “12 years ago to establish a central bank auction, it was sold $ 312 billion , and 80 percent of them turned out of Iraq.
He explained: Participants in the Auction currency from banks and companies, their goal was to obtain hard currency at a lower price to be smuggled out of Iraq, after the submission of forged trade documents.
Holly1 says():And he demanded punitive government to change its economic policy on how to bring in hard currency for the country through the activation of the productive sectors in which to fill the local need and a surplus for export abroad and not to rely entirely on oil to finance Iraq ‘s budget for the coming years. To that central bank sales of the dollar dropped in 2016 by more than ten billion dollars from a year earlier.
The bank said in a statement that sales of the dollar banks reached since the beginning of the year 2016 and up to 31 of December 33 billion and 523 million and 710 thousand and $ 489. He added this amount dropped from what it was on the same date last year in 2015 in which sales reached 44 billion and 147 million and 223 thousand and $ 185.
Holly1 says(): http://www.almuraqeb-aliraqi.org/archives/67291
clay says to Holly1():What do they mean by next term any idea
clay says():doesanyone know the meaning of increase in next term
1bobby says():Looking for the context of it
clay says():thanks buddy and GM
1bobby says():most of the time it means elections
Holly1 says to clay():NEXT TERM … SOME FROM IRAQ SAID TO ME… NO CHANGES WILL BE NOT TIL NEXT ELECTION ….. HAVE NO CLUE (handshake)
clay says():thats a long ways off
clay says to Holly1():ok thanks as always :-*
1bobby says():My eyes ain’t working yet What part of the article was it in
Holly1 says to clay():(F)
1bobby says():well theres 2 agreements so we can’t be that far off in translation lol
clay says to 1bobby():1st paragraph
BGG says():Might mean next session of Parliament?? (in a few days)…
clay says to BGG():GM and thanks
clay says to BGG():lets hope
Holly1 says to BGG():BOY WE HOPE SO (handshake)
Sunshine1 says to Holly1():I like BGG’s answer best. lol
Read More: http://www.dinarupdates.com/showthread.php?45221-Thursday-January-5-2017
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