Posts Tagged ‘International Monetary Fund’

Parliamentary Finance expects a deficit of 50 trillion 2016 budget

Parliamentary Finance expects a deficit of 50 trillion 2016 budget

Thursday 10-09-2015 | 1:03:20

Twilight News / parliamentary Finance Committee predicted, on Thursday, rising Agr rate in the budget of 2016 to more than 50 trillion dinars due to the continuing decline in the sale of oil prices in world markets.

The Iraqi government says that the fiscal revenue realized from Read more…

“Lagarde” warns of the risk of the spread of the recent volatility in the markets

“Lagarde” warns of the risk of the spread of the recent volatility in the markets

02/09/2015 08:55 GMT

Agencies – Executive Director of the International Monetary Fund Christine Lagarde said on Wednesday: The recent volatility in global financial markets shows how the risks can quickly spread from one economy to the other.
Lagarde told a conference in the Indonesian capital “What noon and clear in the last few weeks is how Read more…

4 key risks to the global economy

4 key risks to the global economy

08/26/2015 07:43 GMT

Agencies – the “EIU” Foundation classifies the security and political risks the most threat to the global economy, which may affect growth in the next two years, and in light of the challenges faced by the global economic.
And classified these risks that have a disparate impact on the global economy according to the level of risk and the extent of its impact, the following are the main challenges faced by the global economy.

1. The collapse of the Chinese stock market and lower commodity prices

Global stock markets Read more…

Zebari discuss with the UN representative of the financial crisis and opening up to the global financial markets

Zebari discuss with the UN representative of the financial crisis and opening up to the global financial markets

2015/8/25 18:19

{Baghdad: Euphrates News} Search Finance Minister Hoshyar Zebari with the Special Representative of the UN Secretary procedures to overcome the financial crisis and opening up to the global financial markets.
A statement by the Ministry of Finance agency {Euphrates News} received a copy of it on that, “Finance Minister Hoshyar Zebari met with Jan Kubiš Special Representative of the UN Secretary and Read more…

IMF: the growth rate of the Iraqi economy outlook remains positive despite the current crisis

IMF: the growth rate of the Iraqi economy outlook remains positive despite the current crisis

2015/08/19 17:47

Long-Presse / Baghdad
International Monetary Fund forecast on Wednesday to witness the Iraqi economy “improved modestly” during the current 2015 by 0.5 percent due to the increase of 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 Read more…

“Fitch” given Iraq “low rated credit” ahead of a planned issuance of international bonds

“Fitch” given Iraq “low rated credit” ahead of a planned issuance of international bonds

09/08/2015 (00:01 pm)

Reuters

Iraq got its first sovereign credit rating for versions which sought him ahead of a planned issuance of international bonds worth five billion dollars, aims to ease the pressure drop in oil prices on public finances of the state.
And it chose Fitch B rating with a stable outlook for Iraq which is less than six degrees from investment grade and attributed it to political risks and the lack of security, which said it is one of the most serious risks faced by any sovereign entity Read more…

Report: Iraq is going through the most serious economic crisis that threatens the entire future

Report: Iraq is going through the most serious economic crisis that threatens the entire future

08/08/2015 14:18 GMT

Follow-up – and babysit – currently undergoing Iraq the most serious economic crisis since 2003 has been threatening his future in full, and the reasons for this significant deterioration sharp decline in oil prices and the control of the organization Daash on the third of the area of Iraq (where many of the oil fields and refineries, local and foreign banks), and the breadth of administrative corruption and financial in the country, which has Read more…

Asia compete Monetary Fund and the World Bank

Asia compete Monetary Fund and the World Bank

8/6/2015 0:00

Dr. Mohammed Ali Hakim
since the founding of the IMF and the World Bank during the meetings of the Bretton Woods Bretton Woods, which took place in July 1944 in the state of New Hampshire US and in the beautiful village of Bretton Woods, which lies on the edge of the mountain White, who invited him more than 178 personal finance from 44 countries was Iraq is one of two Arab countries along with Egypt, was also invited to Lebanon as an observer. The chosen representative of Iraq scheduled for the Third Committee, which discussed the issue of recognition of the international monetary currency and the mechanism of traded markets and banks account Committee approved the installation of the Iraqi dinar as one of the international currency alongside the US dollar and Read more…

The IMF provides emergency assistance to Iraq worth $ 1.2 billion

The IMF provides emergency assistance to Iraq worth $ 1.2 billion

31/07/2015 07:47 GMT

BAGHDAD – and babysit – The International Monetary Fund, urgent assistance to Iraq $ 1.2 billion to face the economic consequences resulting from the organization “Daash” attack and the deterioration of oil prices.
The IMF said in a statement, “This is a loan that will be repaid immediately would help Iraq in the face of this double shock suffered by the Iraqi state budget cuts have caused the cash reserves.

Mtsuhiro Vorosawa one Assistant Directors of the International Foundation wrote in a statement that “the double shock of the Read more…

IMF: rising dollar and interest rates varying Andhiran negative risk

IMF: rising dollar and interest rates varying Andhiran negative risk

7/25/2015 0:00

WASHINGTON (Reuters) –
International Monetary Fund warned that a further increase in the US dollar value with the widening disparity in interest rates between the United States and other countries of the major economies may have a significant negative impact on the countries Alokhry.oukal Fund in its annual report that the decline in oil prices and further monetary stimulus measures in the euro zone and Japan and expectations of higher interest rates in the United States and Britain to create “prepared for the effects of negative tangible” environment. However he did not Read more…

Economists warn of the consequences of external borrowing

Economists warn of the consequences of external borrowing

20/07/2015

Specialists in economic affairs, warned of the consequences of excessive borrowing from abroad, under the pretext of a lack of financial liquidity in the treasury of the Iraqi state at the moment.

He says the appearance of Mohammed Saleh, an economic advisor to the Prime Minister, the Iraqi government has borrowed internally from the local market to feed the deficits in the general budget of the State, in addition to borrowing more than a billion dollars from the Read more…

IMF optimistic about the recovery of the Iraqi economy during 2015 and is likely to increase oil exports to “23%”

IMF optimistic about the recovery of the Iraqi economy during 2015 and is likely to increase oil exports to “23%”

07.12.2015 12:49

Long-Presse / Baghdad
Counting the International Monetary Fund, said on Sunday that Iraq faced “double shock” in 2014, the past, as a result of attacks (Daash) and the decline in world oil prices, expressing optimism the recovery of the Iraqi economy relatively during 2015, and the surprise of the performance of the oil sector, despite the “serious challenges” faced by , while stressing the continuation of cooperation “closely” with the Ministry of Finance and the Central Bank of Iraq to implement Read more…

Asian Investment Bank

Asian Investment Bank

07/08/2015 0:00

Author: Yasser incumbent

China has not only led by the world economic growth rate and continuous quest because the State Great most prominent are but I went to come Bjdidha adopt the establishment of Asian Investment Bank for the equivalent in activity of the International Monetary Fund and the World Bank and to become a strong competitor to US domination of the world’s economies through it.
The play China’s important and powerful role in the world to create Read more…

Gold recorded a significant decline amid fears of investors

Gold recorded a significant decline amid fears of investors

Tuesday, June 30, 2015 17:17

BAGHDAD / Baghdadi News / .. Gold prices fell on Tuesday, with the descent of the euro due to the approach of Greece from defaulting on debts to the International Monetary Fund and with the continuation investors feared the prospects of the metal in the long term.
Leaving only hours before Greece defaults on a loan of 1.6 billion euros ($ 1.8 billion) to the International Monetary Fund. Talks broke down with creditors earlier this week and called on the Greek Read more…

Abdul-Mahdi: Iraq is seeking to get the [credit] rating with reasonable raised by government bonds

Abdul-Mahdi: Iraq is seeking to get the [credit] rating with reasonable raised by government bonds

Posted, 06.21.2015 10:34 p.m.

[Baghdad-where]
Oil Minister Adel Abdul-Mahdi said that “Iraq is seeking to get the [credit rating] reasonable.”
Said Abdul-Mahdi said in a statement received by the agency all of Iraq [where] a copy of it “in the past week took place in Istanbul intensive meetings with two of the three global institutions for credit rating] [Fitch] and [Moody], not the third contribute to a [S & P], [which lowered the credit rating of the United States in 2011 from AAA grade to grade + AA], and three of the top international banks which [Citibank] and [JP Morgan and Deutsche Bank, all of that on Read more…

$ 68 billion Iraq reserves

$ 68 billion Iraq reserves

06/17/2015

Brother – Baghdad
The International Monetary Fund, on Wednesday, that Iraq reserves currently stand at $ 68 billion, compared to B66 billion last year.
A source familiar with the fund said that “Iraq financial reserves currently stand at $ 68 billion, compared to $ 66 billion at the end of last year.”
The prime minister Haider al-Abadi stressed on Wednesday that the Iraqi currency backed strongly there is no fear on the dinar exchange rate against the dollar, while noting Read more…

Iraq is seeking to obtain an international credit rating for the issuance of sovereign bonds

Iraq is seeking to obtain an international credit rating for the issuance of sovereign bonds in his name

16/06/2015 10:45 GMT

Follow-up – and babysit – Iraq is seeking to obtain an international credit rating for the issuance of sovereign bonds in his name for the development of the volume of investment.
A statement by the Ministry of Finance received the news agency public opinion (and babysit) a copy of it, he was “an update of the consultations conducted by Hoshyar Zebari, Minister of Finance and his Read more…

IMF continues to work to bring “Yuan” of its currency to a basket

IMF continues to work to bring “Yuan” of its currency to a basket

14-06-2015 09:00 AM

An official at the International Monetary Fund, said on Saturday, a team from the fund is visiting China, in the context of a review conducted on the possibility of inclusion of the Chinese yuan to its currency basket, pointing out that a review of the fund basket SDR ‘ongoing technical work is still at an early stage’.
According to the agency ‘Reuters’ official has sent a message via e-mail, and explained where the visit to China comes in the review carried out by a team from the Fund to hold substantive discussions. the framework of
Beijing is seeking to bring the yuan to the SDR basket, which may enhance the position in the financial system Read more…

Governor of the Central Bank: borrowing from the International Monetary Fund to “reduce the budget deficit” and the Iraqi Reserve safely

Governor of the Central Bank: borrowing from the International Monetary Fund to “reduce the budget deficit” and the Iraqi Reserve safely

06/13/2015 11:44 GMT

Follow-up – and babysit – The governor of the Iraqi Central Bank on the Keywords, that Iraq borrow from the International Monetary Fund is to support the state budget and reduce the deficit.
Keywords and said, “The amount that is expected by the International Monetary Fund and present it to the Iraq of borrowing door requires, among other issues Iraq must be submitted to facilitate access to such loans, similar to other countries to demonstrate that the country spends fiscal and monetary and economic real reforms encourage the International Monetary Fund to be The granting of the feasibility “of those loans.

He pointed out that “Iraq for the international loan will strengthen the financial position in the credit score meaning Read more…

IMF gives Iraq exceptional assistance

IMF gives Iraq exceptional assistance

06/06/2015 14:27

Chairman of the negotiating mission in Baghdad with the International Monetary Fund Carlo Sdralvic announced that the Fund decided to give Iraq an exceptional financial assistance worth 833 million dollars .

BAGHDAD / Obelisk: Head to negotiate with Baghdad mission of the International Monetary Fund Carlo Sdralvic announced that the Fund decided to give Iraq an exceptional financial assistance worth 833 million dollars, under the Fund rapid financing program .

A statement from the IMF Read more…