Walkingstick: Abadi adviser waving to lift subsidies on gasoline ration card and to ensure the IMF loans
Baghdad-Iraq Press -2 April: detecting Iraqi Prime Minister for Economic Affairs Abdul Hussein Al -Anbuge adviser, on Saturday, on the conditions set by the IMF in return for loans to cope with thefinancial crisis in Iraq , which, he said , “one ofthem the lifting of government support for theration card and gasoline. ” waved Anbuge lifting ofgovernment support for the ration card and gasoline by saying,” the requirement introduced by the international Fund is , in fact is part of the reforms that the federal government through which seeks to reduce the economic damage to the country. “
he added in a press statement, said that” this matter though it would have an impact socially unacceptable in the Iraqi street that thecitizens believe that the ration card is an important source for the sustainability of their lives and to provide minimum nutrition but it is reality killed the Iraqi economy through its negative impact on the demand for local products size “.
For as he put it, and is heading the international Monetary Fund to give Iraq a financial loan demand by next June, would allow Baghdad to $ 15 billion in international aid over the next three years, according to a statement of Christian Gooch head of the IMF mission in Iraq Tuesday Almadi.anthy (1)
http://www.iraqpressagency.com…..38;lang=ar
Stevep99: SO if I understand this correctly…IMO…if in order to comply with the conditions of the IMF to receive the “LOANS”…Iraq is going to have to cut off the “welfare” to the citizens!! Well….in order to prevent an uprising among the people…would not the GOI have told Sadr that the GOI is ready to fulfil all the reforms they have promised him….and…IMO…the said reforms including the MR must take place prior to receiving the loans!! Interesting to say the least! Thanks for all WS!!
**************
BACKDOC: LOOKS LIKE IRAQS SHIA BROTHER IS JUST ABOUT CAUGHT UP AND READY TO LAUNCH AS WELL!
LOOKS LIKE IRAQ WON’T BE NEEDING TO DRAG A FOOT ANY LONGER ON THE MONETARY REFORM BIKE! DOC IMO
Stevep99: WOW…these guys are moving at such a rapid pace into the international playgrounds you would think there isn’t gonna be an “old” tomorrow! LOL! But there is certainly gonna be a “new” tomorrow!!
Walkingstick: Iran stock market membership in IOSCO becomes final
Tehran, April 2, IRNA – Chairman of Securities and Exchange Organization of Iran Mohammad Fetanat said on Saturday that Iran’s membership status in International Organization of Securities Commissions (IOSCO) became final.
Fetanat said that Iran’s capital market, with longstanding activities in the field of stock exchange, is to become member of the IOSCO for the first time.
He said that in recent meeting of IOSCO in Peru, Iran’s SEO was invited to offer application for membership, so that in the same meeting its request will be accepted.
Fetanat said that preparatory works have been completed to offer Iranian application to IOSCO meeting.
IOSCO is an association of organizations that regulate the world’s securities and future markets.
http://www.irna.ir/en/News/82019493/
