DinarDiva1: Question? Do we need to see the new CBI Governor votes in before the RI?
DELTA: NO…. ALAQ STILL IN CHARGE FOR NOW..
DELTA: FAMILY I HAVE A Q….WHAT HAPPENED ON 07/6/2019?
MarkC: Invitations were sent out for the Christmas in July party…lol
DELTA: NO……
Hengist: Sir – have you changed your mind on this then?
DELTA: NO……
Iobey777: The Trade Banks of Iraq hooked up with SA, Dubai, etc….and there was a huge Seminar in town talking about the Dinar….something they could only do if they were ART 8!
DELTA: NO WINNER YET….
R8r: Satellite banks went live on 7/6
DELTA: FAMILY I GAVE THE ANSWER TO FRANKIE ..HE WILL SHARE WITH YOU…. IN TONIGHT’S DESSERT!!!
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Wednesday Night “Dessert Call” 7-24-19
Playback Number (605) 313-5153 Access Code 319183
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Lambchop: Excellent Dessert!!!! Thank you Frank, Tink, Delta and all Team members! Let’s see what next 24-48 hrs. brings
Iobey777: FRANK, I loved when you said,” I may not have to leave, but I am preparing to ..” Praying you don’t have to leave!!! Delta said, “Let’s see what they do the next 24-48 hours”…
Iobey777: Delta ..I brought this over..thought it might be a clue! Also, the Seminar was BIG news on the 6th! Is this close?
SAMSON said (Post #34)
Central Bank’s safe investment policies have boosted confidence in the Iraqi economy
6th July, 2019 by Samir Nusairi
A source at the central bank said foreign reserves amounted to $ 72 billion, and would rise to $ 86 billion when the Ministry of Finance takes advantage of the rise in oil prices and the payment of $ 14 billion to the central bank, which represent the sad transfers that the central bank during the period of financial crisis suffered Including Iraq, which constituted direct support to the State Treasury and the national economy in the near future when the country was unable to pay the salaries of state employees at the time of the Minister of Finance at the time
Which has had a significant impact in achieving economic steadfastness and thus financial victory in complex circumstances
That the observer and specialist is well aware that access to this rate of foreign reserves is the Central Bank to follow the safe investment policies, which strengthened the international credit position and restore confidence in the Iraqi economy and international banking relations
Underscoring the safety and success of the Bank’s strategy for the years (2016 – 2020 ) achieved .ho achievements in financing activity and activate the initiative to finance small and medium enterprises and raise the ceiling on loans to one billion dinars for each project within the objectives of the initiative in activating the economic cycle and support the implementation of the objectives of the government curriculum in the fourth axis ( Strengthening the economy) to achieve the goal of development banks as the goal of development
In addition to this, the Bank is working on direct Islamic financing for public and private banks. In addition, the expansion of the implementation of community initiatives from the Tamkeen Fund is an effective national experience in integrating the banking sector with society and achieving the goal of social, economic and humanitarian banks. Babylonian monuments on the World Heritage List
The clear evidence that can never be covered is the continuation and maintenance of the exchange rate stability over two years and maintaining the inflation rate of less than 2%. Thus, the Central Bank has been able to achieve its objectives in its Law No. 56 of 2004, On the stability of the exchange rate. And is now vigorously and effectively pursuing the objectives of strengthening the economy and banks for development LINK
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German Ambassador: Siemens will sign next week the first phase with Iraq
Prime Minister Adel Abdul-Mahdi announced on Tuesday (April 30, 2019) the signing of four agreements with Siemens, a German company, worth 14 billion dollars. LINK
MilitiaMan: What does this have in common? 14 Billion things that will stabilize the exchange rate… lol !~ MM
Don961: Economic Transformations in Post-2003 Iraq
Wednesday 24 July 2019
Dr.. Acer Yasin Fahd *
The magnitude of the intellectual and ideological transformations that took place in Iraq, which had a significant impact on the future of the current generation and certainly on future generations, all these transformations created the need to evaluate and correct the progress of the experiment by analyzing the reality and actual results of these intellectual transformations and the policies of an integrated system Of the laws that resulted from them, some of which were previously the reality of Iraq and community acceptance for him.
Perhaps this is what led the author of the book Yasser Metwally in the collection of successive writings and presented in his weekly column in the newspaper Al-Sabah and other writings, to represent a chronological review of a series of successive ambitions to be consistent with the changes in the Iraqi reality and the set of challenges experienced during the last period and to interact with the requirements of each Stage.
It is one of the unbridled aspirations of the state to emerge from its dominant role in the various economic activities, to a country whose duty is to regulate the relationship between the private sector and the external world and to protect the consumer through a wide range of laws and legislation and to provide sufficient support to him to improve his role in the productive and service process. Financial and monetary policies Purposeful.
However, the failure of the Iraqi legislator to adapt intellectual transformations in line with giving the leading role of the productive private sector prompted our dear writer to adapt his ambitions with the facts of political and economic reality.
The writer tried, certainly with success, to review the problematic nature of the identity of the Iraqi economy with the first chapter of his book and stand on the extreme right of the market economy and with international and direct support in an attempt to reform the economic file in which deepened the thorny files. He also dealt with the very generous writer in his gift, the government program and budgets to deal with the nature of the role of government expenditures and the issues of successive public budgets and the important role that the real productive sector to compensate for the consumerism experienced by Iraq as an inevitable result of “deferred consumption” following the era of economic embargo in Iraq , Which coincided with the chaos of import policies and the absence of legislation governing to her.
The writer in the third chapter of his book values to emphasize the two sides of monetary policy, the first is the Central Bank of Iraq, and the second authority of money and banking sector to reflect together the depth of the role entrusted to them in guiding the development process and enable the Iraqi dinar stability in front of a wide range of successive crises, Which would negatively affect the value of the currency and the size of the reserves of foreign currencies if not adopted on the wise policies organized for the overall activities and activities Finance.
The writer also addressed separately the problems of the service reality of the Iraqi individual starting from the municipal services, including the privatization of the electricity sector and its problems, and then the housing crisis and ways to address them and initiatives launched by successive governments to address them.
The book also dealt with the conclusion of his book in depth and accurate independently of the cornerstone of the transformation in the Iraqi economic policy, the role of the private sector and aspirations that were inspired by it and its failures, and legislation on investment and prioritization of investment in line with the law 2006/13 and ideological shifts towards sovereign funds, Fluctuations in the price of oil Global.
In conclusion, the book, which I was very happy to see, will be a valuable reference to all the intellectual transformations witnessed by the Iraqi economy. It is an appeal to the economic policy makers, including the financial and monetary, to change some of these policies to suit the requirements of confronting the unilateral Iraqi economy.
In the form of more serious budgets aimed at stimulating the real sector and creating real development, to achieve transformations that advance the private sector to keep pace with the requirements of the stage Coming.
In this book, we can provide an accurate reading of the political transformations that followed 2003, and in a unique harmony with the historical circumstances that coincided with each era, we can not but seek By the author and my dear brother on the volume of effort in this book and to wait for more creativity in the coming the days.
* Iraqi academic link
