Frank26: Consider this ………….. As You received confirmation on MONDAY’s CC and easel board drawing ……………… Tonight’s WEDNESDAY CC will give You even DEEPER understanding.
Why? Because what we SHARED on M CC is but a fraction of why Mosul is a KEY to the MR.
Because to take a big bite of something can be too choking at once.
Because it seems that EVERY day that passes brings us much to ponder and consider.
Because as i opinionated on a CC last week …………..” The MR Is Over” ………….. As NOW soon enough Mosul will finally be Over too.
Dear KTFA FAMILY …………. Dear Internet ………….. We are not deers staring at head lights ……………. We are Scholars to graduate in 2017.
C U all on Your WEDNESDAY CC tonight at 7 pm est ……………. To See as a ………… Pupil.
Aloha
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McDan: Doc if you go to the page that has the Holding rate tab on the Financial Postion of Iraq the next page will have the words Holding Rate . Click on Holding Rate and it will show the Holding rate for the end previous month . If they have not posted the rate for the previous month and it is still show March . They have not change it for April . I have seen it come out 5 to 8 days before they change it. Remember it will be a SDR rate not the exchange rate
BACKDDOC: ALWAYS LOVE YOUR INPUT SIR!
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JJonesMX: CBI news and announcements
Announcement / The Central Bank of Iraq toextend the period of sale / Asdarih second national bonds 05/03/201
http://www.cbi.iq/?pid=Home&lang=ar
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Samson: IMF Says (P)GCC States Should Accelerate Reforms
Wednesday, May 03, 2017
Oil-exporting states of the (Persian) Gulf Cooperation Council are heading “in the right direction” to plug budgetary gaps thanks to fiscal reforms, but more change is still necessary, the International Monetary Fund said Tuesday.
“If they continue on this path in the next three to five years, the level of deficit will be less than 2%” of gross domestic product, IMF regional chief Jihad Azour told AFP in an interview.
“This is going in the right direction,” said Azour, who was in Dubai on Tuesday to launch the IMF update for its regional Economic Outlook for the Middle East and Central Asia.
Revenues in the oil-dependent economies of the six Arab states (Saudi Arabia, Kuwait, UAE, Qatar, Bahrain, and Oman) have nosedived since the price of crude plummeted from its mid-2014 peak, forcing the monarchies to cut expenditure.
Such cuts have included energy subsidies in nations that have traditionally subsidized main services both for their own citizens and also for large populations of expatriate workers.
“Fiscal adjustment is still needed. Additional reforms are still needed, especially on the structural side,” Azour said.
This would be “in order to diversify the economy and to allow the economy to grow outside the oil sector, to create additional jobs as well as to be less dependent on the volatility in the oil market”, he added.
Saudi Arabia unexpectedly announced last week it would reinstate some allowances for civil servants that were cut last year as part of a reduction in expenditure.
Although this could be interpreted as a step backwards in the kingdom’s program to cut spending, the IMF regional chief called the measure “minor compared to the overall trend”.
“Whenever you have a large program of adjustment, you still need to adjust or tweak some measures here and there,” Azour said, referring to the kingdom’s “Vision 2030” strategy to diversify its economy and reduce public spending.
“The Saudi government made strong fiscal adjustments over the past two years and were able to reduce expenditure,” he said, adding that Riyadh has renewed its commitment to achieving a fiscal balance in 2020.
“Given the level of buffers that Saudi has, they can phase in a more progressive way their fiscal adjustment and they can space it over time,” Azour added.
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EdwardK: Foreign exchange rates drop against the Iraqi dinar
03/05/2017 11:05 | Number of readings: 186
Trend Press / Agencies
Foreign currency markets in Iraq recorded a slight drop in the dollar’s exchange rate against the dinar on Wednesday.
The price of selling the dollar in the Kifah Exchange in Baghdad today 125 thousand and 100 dinars, and the purchase price 125 thousand and 50 dinars, compared to $ 100.
The price of selling the dollar on the Arbil Stock Exchange today was 125 thousand and 350 dinars, and the purchase price 125 thousand and 300 dinars to 100 dollars.
On the Harthiya Stock Exchange, the sale price of the dollar today was 125 thousand and 100 dinars and the purchase price is 125 thousand and 50 dinars for one hundred dollars.
The exchange rate of the dollar on the Basra Stock Exchange was 125,300 dinars and the purchase price was 125 thousand and 250 dinars for one hundred dollars.
EST
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Samson: Deputy: Abadi hired an international team to develop the economy
03.05.2017 at 12:55 (Baghdad time)
The Commission on Economy and Investment in the House of Representatives, on Wednesday, the government’s call for international companies to support a solid economy and investment in Iraq and head with expertise, noting that the investment and infrastructure projects in Iraq lacked expertise.
The committee member Najiba Najib, L / balance News /, that “Iraq is presented in earlier periods for many of the wars caused not to keep up with Iraq developments in the field of economy, the countries of the world,” stressing “the need for foreign expertise to support Iraq in the field of investment.”
She added that “Prime Minister Haider al-Abadi hired since taking the reins of an international team to develop the economy, and called on the US, British and Japanese companies and from all developed countries to support investment and providing the expertise of Iraq.”
She Najiba, that “Iraq is facing a real problem is the lack of economic expertise in the construction and infrastructure fields,” explaining that “all projects do not match the existing development in the countries of the world, due to lack of experience.”
The Prime Minister Haider al-Abadi during the weekly conference held yesterday Tuesday, submit a request to German Chancellor Angela Merkel, Italian and British prime ministers to send economic expertise to support the economy Alarac.anthy LINK
