Frank: The IMF REPORT ….. IOO ……… Was a MAP ……. A PATH ………. BUT …….. GUARDED by The IMF this time around. THERE IN LIES THE KEY TO 2016 FIRST HALH AND THE IQD MR.
In other words ………. The MATH is still in progress ……. THEY MAKE THIS VERY CLEAR !!!
They went in the CORRECT direction …… 1180. IOO ……….. (In our opinion)
THE IMF ………. NO ONE ELSE ……….. THE IMF has given a GREEN LIGHT that was fumbled in 2015. So …….. 12 ………… Say LOOK……….. This is the way it’s gonna be in 2016 for the GOICBI in 2016. GOT IT ?
KTFA FAMILY ………… THE IMF IOO ……….. IS SHOVING THE MR RIGHT DOWN THEIR THROATS. This is a fair statement based on this IMF REPORT and the FACT that 12 are in charge of all CENTRAL BANKS.
Christine Lagarde spoke almost a year ago to 12 …………… She just did again …….. IOO.
The GOICBI got YELLED at by ………… HOLY MAN.
Then IMF takes GOICBI by the ear at the start of 2016 ……… I mean by the Hand this time around. WE …….. Take the LEAD in this LAST DANCE.
Maybe tonight we READ some of this report to our KTFA FAMILY.
Because some did not.
Also ……… How would YOU like to meet The Gov of The CBI?
Or the Finance Minister of Iraq?
And many more …….. LOL ……… Well You can and I will share that tonight.
Before I go ………. This is from RANDY ………. Synopsis of the IMF REPORT…… Please Enjoy and Comprehend:
Aggiedad77: “Frank, I am no economic or accounting expertise at all, but in reviewing all three of these documents, this appears to me to be a well laid out plan for Iraq to follow with strong oversight by the IMF’s “staff monitored program” that to me sounds like Iraq is basically opening up its accounts on all levels to some designated person or group from the IMF to help manage their economic and financial agenda for 2016 and maybe going forward….
in other words the IMF sounds like it will provide a “watchdog” to Iraq to ensure they “toe the line” in doing what they say they will do and at the same time will be offering professional assistance to them as a way to help them keep their head above water as they face the terrorist and financial problems in the short term that they know must be faced.”
C U tonight at 8 pm est ……………. Aloha Ohana \m/ KTFA Frank
IMF Managing Director Approves a Staff-Monitored Program for Iraq
The Managing Director of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) 1for Iraq covering the period of November 2015-December, 2016, on which the authorities and staff had reached ad-referendum agreement in November 2015 (see Press Release No. 15/509).
Iraq is facing a double shock arising from ISIS attacks and the sharp drop in global oil prices. The conflict is hurting the non-oil economy through destruction of infrastructure and assets, disruptions in trade, and deterioration of investor confidence. The impact of the oil price decline—already felt in 2014—intensified in 2015, affecting the budget, the external sector, and medium-term growth potential. The authorities are responding to the crisis with a mix of fiscal adjustment and financing.
To help address the present and urg
ent balance of payments and budget needs triggered by the ISIS attacks and the collapse in oil prices, the authorities have also requested an SMP to establish a track record of policy credibility to pave the way to a possible Fund financing arrangement. Under the SMP, the authorities will implement fiscal consolidation that will contain public expenditure in line with available revenue and financing, and aim to reduce the non-oil primary deficit by US$20 billion or 12 percent of non-oil GDP between 2013 and 2016. Under the SMP, agreement has also been reached on measures to strengthen public financial management, anti-money laundering and countering the financing of terrorism (AML/CFT), and financial sector stability.
IMF: Iraq will return to the market mid-2016
Detection of the International Monetary Fund (IMF), on Wednesday, for planning to send teams in the near future for both Iraq and Jordan in an effort could pave the way for more aid, and as pointed out that Iraq’s economy is suffering the consequences of falling oil prices, as well as waging war against al (Daash), he stressed that Iraq will return to economic market during the first half of next year.
The director of the Middle East Department and Central Asia for the International Monetary Fund Masood Ahmed in a press statement I followed (range Press), “The Fund is planning to send a team to Iraq next month to negotiate the implementation of financial monitoring, which may help make way for more aid to the economy of the country in which the program damaged by falling oil prices and the cost of war being waged against al Daash.
“Ahmed said that” at a time when Iraq program does not require emergency aid from the International Monetary Fund, it will help in creating a framework for the diagnosis and treatment challenges prominent influence in the economy, “noting that “The plan will begin in 2016 and then possible to put the foundations on which it will be based on Iraq to submit to IMF funding to implement the program at a later time of year.”
Ahmed said that “under discussion now program will help Iraq to receive aid from lenders among them the International Monetary Fund and reassure potential investors,” adding that “it will pave the way for Iraq because due to the market during the first half of next year to earn more money to pay expenses.” .
The International Monetary Fund has provided Iraq with $ 1.25 billion in emergency aid to bridge the budget deficit, which is expected to reach 23% of the economic output of the country this year.
The International Monetary Fund predicted, on Wednesday (19 August 2015), to witness the Iraqi economy “improved modestly” during the current 2015 rate of 0.5 percent as a result of increase oil production, with incidence more contraction in activity the non-oil sector, and with the exception of the rate of growth expectations in the medium term, is still positive, although it is less than the required rates before the crisis, he stressed that the growth will be determined by the desired increase oil production and recovery of growth rates in other sectors as well as the expected improvements to the security situation and the implementation of structural reforms.
It is noteworthy that Iraq complain of weak financial revenues due to declining oil prices and increased expenses, which the military side came on her head, what made the government resort to austerity as one of the solutions adopted to meet the country’s economic situation started.
http://almadapaper.net/ar/news/497776/% … 8%AA%D8%B5