Posts Tagged ‘Iraqi Dinar’

World Bank: Economic situation in Iraq is getting better soon

World Bank: Economic situation in Iraq is getting better soon

1/2/2015 0:00

A planned visit by its delegations to assist in the financial crisis
BAGHDAD – morning
predicted the World Bank improved economic situation in Iraq in the next few stage, while the government’s media office of the Prime Minister revealed the anticipated visits to the delegations from the World Bank to Baghdad to support Iraq in the face of the financial and economic its crises.
He said the country Read more…

2015 budget knock alarm

2015 budget knock alarm

01-02-2015 04:17 PM

BAGHDAD – News / Iraq Ahmed
passed the House of Representatives, the general budget, for 2015, at the time raised many questions about the budget in 2014, and where it went, and how it has spent, and the surplus, or its debts? .. And this is what did not happen in any country in the world.
Economic observers noted that the budgets after 2004 and put all without discuss the final accounts and no one knows how it was disposed of, with many complaints Read more…

Iraqi Dinar Guru opinions 1-31-15

Iraqi Dinar Guru opinions 1-31-15

1-31-2015 Newshound Guru My Ladies TODAY RAFIDIAN BANK GAVE OUT MASTER CARDS INSIDE OF AND OUTSIDE OF IRAQ. THIS TAKES US SO MUCH CLOSER TO INTERNATIONAL. THIS IS A PILOT PROGRAM AND A BIG STEP WHEN THEY ACTIVATE THE PROGRAM. THIS IS DESIGNED TO BE ABLE TO TAKE CASH FROM ANY MASTER CARD ATM TERMINAL, THIS NEWS IS MAJOR. SO NOW WE ARE WAITING FOR PRESIDENT MASOUD TO SIGN THE BUDGET AND THEN OFF TO THE GAZETTE IT GOES. THIS SHOULD BE DONE AT SOME POINT TODAY. THERE IS QUICK MOVEMENTS TAKING PLACE AND WE SHOULD SEE THE END SOONER THAN LATER. THINGS ARE GETTING EXCITING…THE ANTICIPATION IS BUILDING AND VERY SOON REALITY WILL SETTLE IN BRINGING THE MAGNITUDE OF WHAT IS ABOUT TO HAPPEN TO OUR LIVES. Read more…

Legal expert calls for accelerating the deployment of the budget law in the Official Gazette to begin its implementation

Legal expert calls for accelerating the deployment of the budget law in the Official Gazette to begin its implementation

Saturday, 31  / January 2015 12:41

[Baghdad-where]

Called legal expert Tariq Harb, on Saturday, to speed up the deployment of the General Budget Law in the Official Gazette of the State in order to initiate action accordingly.

He said the war in a statement received by all of Iraq [where], a copy of it today, “take Parliament Act 2015 budget legislation on Thursday faster than Read more…

After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law (HCL)

After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law (HCL)

31/01/2015

BAGHDAD / JD / .. After enabling the House of Representatives of the approval of the draft federal budget for 2015 Act a total of $ 119 trillion dinars, a number of experts and specialists in economic affairs called for supporting the Iraqi economy laws, including oil and gas law, legislation, because of its great importance in regulation of the oil industry process in Iraq, as well as it will stimulate international companies to invest in gas, which will make the country’s large Read more…

Rafidain Bank proceed to issue MasterCard card to customers inside and outside Iraq

Rafidain Bank proceed to issue MasterCard card to customers inside and outside Iraq

31/01/2015

BAGHDAD / JD / .. Rafidain Bank announced Mbacherth issuing MasterCard card in its branches inside and outside Iraq, while noting the possibility to withdraw his money from the cardholder’s account in any province or state.
The bank said in a statement received / JD / copy of it: that the bank issued a pilot of MasterCard cards offering used all over the world for being a manifestation of Read more…

Magda Tamimi: the real budget deficit 50 trillion dinars and Kurds objected to the reduction in the price of oil

Magda Tamimi: the real budget deficit 50 trillion dinars and Kurds objected to the reduction in the price of oil

Saturday, 31 / January 2015 16:10

[Baghdad-where]

Said a member of the parliamentary finance committee Majida al-Tamimi, said that “the real deficit in the fiscal budget for 2015, up to 50 trillion dinars.”

She Tamimi told all of Iraq [where] that “in the budget deficit is 25 trillion a scheme deficit and not the real deficit up to 50 trillion dinars, but we put alternatives to fill this deficit, including the national savings from state employees substance right government borrowing from TBI [ TBI] and external borrowing from the Bank and the International Monetary Fund. ” Read more…

Finance Committee: 20 positive points included in the 2015 budget

Finance Committee: 20 positive points included in the 2015 budget

1/31/2015 0:00

Baghdad, Omar Abdel-Latif
Finance Committee revealed that the general budget for 2015, approved unanimously and tug of war and concern and warned and anticipation, stressing that the budget contained more than 20 positive, including the installation of workers on contracts, and reduce the scholarship expenses and hospitality.
A member of the Committee on State of Law coalition, Haitham al-Jubouri said in a statement singled out the Read more…

Iraqi Dinar Guru opinions 1-30-15

Iraqi Dinar Guru opinions 1-30-15

1-30-2014 Newshound Guru Breitling You should be looking at the note count and be jumping up and down…Dr. Shabibi kept talking about reducing the note count by 70%. Right now they have 100 Billion of reserve wealth. The debate is watching the CBI, MOF and MOP and trying to figure out the timing…that’s debatable…that’s pure speculation. I have so much faith in this investment…their target rate is 1.13 to 1.16 at first and then they will go to $3.00. It’s got to get there first…I see it coming it at .35 to .45 and then getting it to a dollar. They can get to a dollar in a snap…they are doing that to control it. Then it will be a different ballgame to get to $3. I think this is coming down very very soon. This is my best guess. They are reducing their note count and every time a country reduces their note count the value of it’s currency goes up 100% of the time. Read more…

Washington congratulates Abadi Jubouri Zebari approval of the budget and confirm it the fastest since 2010

Washington congratulates Abadi Jubouri Zebari approval of the budget and confirm it the fastest since 2010

Friday January 30, 2015 19:55

Alsumaria News / Baghdad
congratulated the United States, on Friday, Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Finance Minister Hoshyar Zebari, on the occasion of the adoption of the general budget for 2015, stressing that approval is the fastest since 2010. The US Embassy in Baghdad said in a statement received “Alsumaria News, “a copy of it, it sends a” congratulations to all of the prime minister Haider al-Abadi and Finance Minister Hoshyar Zebari and parliament speaker Salim al for their successful efforts to pass the 2015 budget in the House of Representatives yesterday evening. ”
The embassy added that “This achievement Read more…

The most prominent paragraphs voted on by the Iraqi parliament for approval within the budget of 2015

The most prominent paragraphs voted on by the Iraqi parliament for approval within the budget of 2015

Posted 30/01/2015 09:31 AM

Passed the House of Representatives, on Thursday, the federal budget for fiscal year 2015 exceeded the amount of 119 trillion dinars and a deficit of 25 trillion dinars, and its lift to the tenth of February next.

It is the most important paragraphs in the budget of $ 41 a paragraph that voted in by a majority of parliament the following items:

1. The imposition of sales tax on Kartat mobilize the mobile phone and Internet networks by 20%, of the value of the card and 15% on the purchase of cars of all types of tickets, “. Read more…

Iraqi Dinar Guru opinions 1-29-15

Iraqi Dinar Guru opinions 1-29-15

1-29-2015 Intel/Newshound Guru Poppy3 I WAS…READING THE NEWS THIS WEEK AND LAST AND COULDN’T HELP BUT SEE THAT THESE GUYS ARE TELLING US THEY ARE READY TO PAY ALL OF US. THEN READ THE SHELL PROPOSED CONTRACT OF 11 BILLION AND THAT TELLS ME SHELL EXECUTIVES KNOW WHAT WE HAVE BEEN WATCHING IS READY TO HAPPEN. …HERE IS A MAJOR AMERICAN COMPANY INVESTING 11 BILLION. HOW COULD ANYONE NOT GET EXCITED.

Fact check, THE BUDGET HAS BEEN PASSED. Read more…

BREAKING: Parliament approves 2015 budget B119 trillion dinars

BREAKING: Parliament approves 2015 budget B119 trillion dinars

01/29/2015 nine past nine p.m.

Long-Presse / Baghdad
Acknowledged the Iraqi Council of Representatives, on Thursday, the financial budget for the current year 2015, B119 trillion Iraqi dinars and a deficit of 25 trillion dinars, and as he emphasized House Speaker Salim al-Jubouri It is the first time that the Read more…

Qadu: our dispute with Baghdad, lies in the fifth item of the budget on the export of oil region

Qadu: our dispute with Baghdad, lies in the fifth item of the budget on the export of oil region

29-01-2015 12:35 PM

Kurdistan Alliance MP, nostalgia Qaddo, said on Thursday, in his answer to a question about the nature of the dispute between the governments of the province and Baghdad, and the reasons for the Kurdistan Alliance refused to vote on the federal budget, that ‘the Kurds object to the fifth item on the export of oil from fields in the region. ” He continued Qaddo he ‘It is supposed to Read more…

Iraqi Dinar Guru opinions 1-28-15

Iraqi Dinar Guru opinions 1-28-15

1-28-2015 Newshound Guru Millionday Article quote: “CBI agreed to support the liquidity of commercial banks, and finance the state budget loan amount six trillion dinars, and buy back treasury bonds from the secondary market.” CBI HAS AGREED TO FINANCE THE BUDGET AND PAY FOR THE BONDS IN A BUY BACK. CBI HAS UPHELD THE WORD OF IRAQ AND BACKED THE BONDS — ALSO AS WE KNOW THIS DOES NOT TAKE FROM THE RESERVE. THEY HAVE RELEASED ONLY THAT THEY ARE GOING TO DO THIS BUT WE DONT KNOW THE DATE… Read more…

Abadi economic adviser praises central bank action to lend budget

Abadi economic adviser praises central bank action to lend budget

01/28/2015 eleven fifty-six

Long-Presse / Baghdad
Praised the Prime Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh, Wednesday, measures the Iraqi Central Bank to lend financial budget for the current year 2015, and as he emphasized that this step will enhance and develop the market, he pointed out that it will be reflected positively on the citizens.
The appearance of Mohammed Saleh said in an interview with the (long-Presse) that “the Iraqi Central Bank actions funded budget for the current fiscal 2015 six trillion Iraqi dinars Read more…

World Bank donates to Iraq for 6-trillion budget

World Bank donates to Iraq for 6-trillion budget

28/01/2015

BAGHDAD / … revealed an economic expert peace Sumaisem, Wednesday, for the World Bank donated $ 6 trillion dinars to Iraq in order to reduce the projected deficit in the federal budget for 2015.

Sumaisem said, in a statement to “Ein Iraq News”, “The final report of the budget must Read more…

Parliamentary Aajl..almalah agree on the budget and exposure tomorrow in Parliament for a vote

Parliamentary Aajl..almalah agree on the budget and exposure tomorrow in Parliament for a vote

Wednesday 28  / January 2015 18:19

[Baghdad-where]

Said in a parliamentary finance committee member, said his committee voted at the conclusion of its meeting today to approve the draft budget for fiscal 2015 Act.

He said committee member Jabbar al-Abadi told all of Iraq [where] that “the Committee approved the draft budget law for a total 119 trillion dinars to cut Read more…

Iraqi Dinar Guru opinions 1-27-15

Iraqi Dinar Guru opinions 1-27-15

1-27-2015 Newshound Guru Mailman17 ANYONE WHO THINKS IRAQ WILL ANNOUNCE THEIR CURRENCY TO THE WORLD IN AN OPEN MARKET AND LEAVE IT AT 1166 HAS A NUT LOOSE. THAT WOULD BE A SLAP IN THE FACE TO THE CBI, IMO. WHEN THEY COME OUT…THEY WILL COME OUT STRONG. OVER A 1-1 GUARANTEES DE-DOLLARIZATION WITHOUT STICKER SHOCKING THE LOCALS. A FLOAT DOES NOT DE-DOLLARIZE…PERIOD. IF THEY WANT TO GO TO A FIXED AND MANAGED RATE TILL THINGS SETTLE…THEN LET THE DINAR BE MARKET DRIVEN…FINE…THATS SOUNDS MORE LIKE A PLAN THEY CAN MAKE ADJUSTMENTS WITH DAY TO DAY…EITHER WAY THE PRINT TELLS US THEY ARE READY TO MOVE AND IT LOOKS LIKE BY FEB 1 COULD BE OUR WINDOW. AS ALWAYS, JMO. Read more…

Finance Committee: Balance retained until 2012 amounted to $ 95 billion

Finance Committee: Balance retained until 2012 amounted to $ 95 billion

27/01/2015

BAGHDAD / JD / .. Parliamentary Finance Committee confirmed that the assets retained until 2012 amounted to $ 95 billion, as revealed its claim to the Ministry of Finance Final data for 2013 and 2014, which will hopefully be sent in next February.
The committee member said Masood Haider told / BD /: that cash balances retained since 2005 to 2012 of approximately $ 95 billion.
He said Haider: The Finance Committee asked the Ministry of Finance to Read more…