Posts Tagged ‘Iraqi Dinar’

Parliamentary Finance: Iraq is moving to reduce the 2015 budget by $ 4.3 billion

Parliamentary Finance: Iraq is moving to reduce the 2015 budget by $ 4.3 billion

01/19/2015 14:40 GMT

Follow-up – and babysit – the Finance Committee in the Iraqi parliament on Monday said it had lowered the country’s 2015 budget by about five trillion dinars to $ 4.3 billion due to a decline in world oil prices and reach down below $ 50 a barrel.
By the end of last year, the Iraqi cabinet Read more…

Iraqi Dinar Guru opinions 1-18-15

Iraqi Dinar Guru opinions 1-18-15

1-18-2014 Newshound Guru Millionday IT WOULD VERY MUCH BE IN THEIR BEST INTEREST TO REVALUE THEIR CURRENCY RIGHT NOW AND ENTER THE GLOBAL MARKET DUE TO THE DIVERSITY THAT THEY CAN TAKE ADVANTAGE OF AND THE MANY JOBS IT WOULD BRING ETC ETC — CBI IS INDEPENDENT BUT ALSO THE COUNTRY HAS TO BE INTERNATIONALLY COMPLIANT ECONOMICALLY AND WITH THEIR REGULATIONS FOR THE WORK OF CBI TO BE A SUCCESS AND ALSO THE LAWS HAVE TO BE IN PLACE IN ORDER FOR IRAQ TO TAKE ADVANTAGE OF THE REFORMS THEY HAVE PLANNED FOR THEM AND THE WORK THEY HAVE DONE. Read more…

Iraqi Dinar Guru opinions 1-17-14

Iraqi Dinar Guru opinions 1-17-14

1-17-2015 Newshound Guru Millionday THE REVALUE OR CHANGE IN PURCHASING POWER /REDENOMINATION/AND INTERNATIONAL RATE CHANGES WILL BE ON THE MARKET/BANK/CBI/MONEY EXCHANGE BUSINESSES/ AND EVEN YOUR SMART PHONE WHEN THIS CHANGES AND THEY ARE INTERNATIONALLY RECOGNIZED AND THEIR CURRENCY IS PUT ON THE CURRENCY MARKET FOR SALE (AS IN FOREX ETC). Read more…

Parliamentary Finance is hosting finance ministers and oil to put the finishing touches on the 2015 budget

Parliamentary Finance is hosting finance ministers and oil to put the finishing touches on the 2015 budget

Saturday, January 17, 2015 14:32

BAGHDAD / Baghdadi News / … reporter / Baghdadi News / reported to host the Parliamentary Finance Committee, on Saturday, the financial and oil ministers as well as some members of the parliamentary economy and investment.
The correspondent said that “a meeting of the Knesset Finance Committee held at noon today, to put the final touches on the 2015 draft budget law.”
The reporter added that “the meeting hosted Read more…

Austerity threatens to postpone the National Guard to the next year

Austerity threatens to postpone the National Guard to the next year and the amendments with which the central government

01/17/2015 (00:01 pm)

BAGHDAD / Mohammad Sabah

Congress expected the year, to postpone the adoption of the Law of the National Guard to the next year due to the lack of adequate financial allocations, unless some provisions popular crowd Switch to the National Guard when the final approval.
MPs revealed by the introduction of many changes to the draft law, which now Read more…

Tamimi: current state budget will lose a lot of Iraq and approval may be in the next month

Tamimi: current state budget will lose a lot of Iraq and approval may be in the next month

Saturday  17,  / January 2015 13:12

[Baghdad-where]

Warned the parliamentary finance committee member Majda al-Tamimi of the huge losses incurred Iraq in the event of approval of the draft budget for fiscal 2015, the law in its current state.

She said al-Tamimi told all of Iraq [where] that “the adoption of the budget in this week is unlikely but may recognize at the end of the month or the beginning of next February,” afterthought “but lose Iraq often in addition Read more…

Iraqi Dinar Guru opinions 1-16-15

Iraqi Dinar Guru opinions 1-16-15

1-16-2015 Newshound Guru Aggiedad77 One Iraqi oil expert is saying that Iraq is living in a third world war…a war on oil…there is growing concern with the budget numbers that what is currently projected…I believe $60 oil…may not be adequate to cover where oil looks to be headed…$40 a barrel…but from what we are hearing oil is expected to rebound starting in the coming days…perhaps the Iraqi Oil Ministers realize this and have faith in where they currently stand today…at least one member of the Finance Committee believes there still could be further adjustments in the budget price of oil or the deficit will look bigger than originally anticipated…Iraq will not fail…will not be allowed to fail…In My Opinion. Read more…

Iraqi Dinar Guru opinions 1-15-15

Iraqi Dinar Guru opinions 1-15-15

1-15-2015 Intel Guru Frank26 Iraq is like the Moon…Filled with stockpiles of riches. But due to the fact that The Moon is so far away they are useless to anyone. JFK gave us 9 years to land on The Moon…We did. It has taken us longer to land on Article 8. Iraq’s Riches are useless at 1166 …And They Know This! The ONLY reason Iraq would qualify for article 8 is BECAUSE they RAISED their dinar value. IMO, This permission is/has been qualified by A [Abadi] and S [Shabibi]…GOI/CBI…Hence we wait for the POWERS to grant this action via The IMF. We are ALL in a waiting Pattern. IMO, The Strength in our investment’s gain to us lies in the Duration and Sustainability of our Patience’s. I sincerely believe we have Landed at this time in History with Iraq and her MR [Monetary Reform]. Read more…

Ugaili: next week will approve and pass the budget, regardless of the price of oil .. but where is the past eight years data

Ugaili: next week will approve and pass the budget, regardless of the price of oil .. but where is the past eight years data

15.01.2015 16:59

{Baghdad: Euphrates News} MP for the coalition of citizen Aziz Kadhim Alwan Ugaili that next week will approve and pass the fiscal federal budget for the current year, regardless of oil prices, Mistodha saying .. but where is the data the past eight years?
The MP said Ugaili told {Euphrates News} “The next week will see the adoption of the budget, regardless of the price of oil, and we have a lot of things we can dispose of them, including Read more…

The implications of lower oil .. budget deficit will exceed the 60%

The implications of lower oil .. budget deficit will exceed the 60%

01/15/2015

BAGHDAD / JD / .. in the time that the government and the House of Representatives is moving to cut costs and apply the policy of austerity in the budget of 2015, which were based on the sale of a barrel of oil at $ 60, down global oil prices to below $ 50 until the price of Iraqi oil reached $ 42 a barrel One, which form a major concern and fear among economic circles the fact that the budget deficit will exceed the 60% and this is the first time in the history of the Iraqi Read more…

Iraqi Dinar Guru opinions 1-14-15

Iraqi Dinar Guru opinions 1-14-15

1-14-2015 Newshound Guru Enorrste The float must preceed the removal of the large notes, because in order to remove the large notes the value of the dinar must be higher. It will take 2 to 4 years for the value to get high enough to remove all of the large notes. Since the smallest large note is 1000 dinars, then, in theory, the value would have to be at least $.20 per dinar for them to remove that note, the others having been removed prior to that time. At $.20 per dinar the 1000 dinar note would be worth $200, so they would get them all off the street at that rate. However…it is my opinion that within 2 to 4 years the value may be as high at $3.50, or more. The float can start at any time. Read more…

Member of the parliamentary finance: the budget will begin the end of next week’s $ 125 trillion dinars

Member of the parliamentary finance: the budget will begin the end of next week’s $ 125 trillion dinars

Wednesday January 14, 2015 19:11

Alsumaria News / Baghdad
Revealed the parliamentary finance committee member Husam punitive, Wednesday, that the general budget for 2015 will begin the end of next week, a $ 125 trillion dinars, while noting that the percentage of Agr 25 Trliuna.

He said punitive in a statement to the mass site Liberal and seen by “Alsumaria News”, “The budget has Read more…

Parliamentary Finance: the budget will be approved by the end of next week

Parliamentary Finance: the budget will be approved by the end of next week

Wednesday,  14  / January 2015 13:23

[Baghdad-where]

Announced the parliamentary finance committee member Husam punitive, that the end of next week will see pass the budget bill.

He said punitive in a statement received by all of Iraq [where], a copy of it today, that “the general budget for the current year will begin the end of next week, at $ 125 trillion Iraqi dinars and a deficit of [25] trillion dinars.”

“The budget has Read more…

Describes the 2015 budget “without realism” and reveal a new strategy to rebuild Iraq’s money stolen

Parliamentary Integrity describes the 2015 budget “without realism” and reveal a new strategy to rebuild Iraq’s money stolen

14/01/2015 11:34 GMT

BAGHDAD – and babysit – described the parliamentary integrity committee, the budget in 2015 as “unrealistic” and attributed it to a decline in global oil prices, while unveiled a new strategy to bring huge amounts of money stolen from Iraq since 2003.
According to a member of the Committee Deputy High Nassif, told the “public opinion”, that “the draft budget today to Read more…

Iraqi Dinar Guru opinions 1-13-15

Iraqi Dinar Guru opinions 1-13-15

1-13-2015 Newshound Guru Tlar The dinar is stable. Iraq’s debt is low compared to other countries as the reserves they have including gold could pay all their bills if no income came into the country for longer than the IMF requires. So as far as their ability to cover imports and debt for three months as required of reserves, that’s a no brainer. We have seen Iraq on the verge of civil war followed by terrorists attempted take over. What has remained stable and strong is the Dinar. In fact it has gained in strength. Iraq’s problems have always been short term waiting on real leadership and management to resolve its problems. The world is waiting on their doorstep to dump money into their economy. I believe Abadi and gang are trying to get the door open. The currency is safe and as anybody who ever looked deeply into this investment knows. It is undervalued plain and simple. Read more…

Finance: $ 150 billion surplus the previous budgets were spent without the knowledge of state institutions

Parliamentary Finance: $ 150 billion surplus the previous budgets were spent without the knowledge of state institutions

Tuesday, January 13, 2015 16:57

BAGHDAD / Baghdadi Uz..akdt the parliamentary finance committee, said Tuesday that more than $ 150 billion surplus the previous budgets were spent without the knowledge of the state institutions, as pointed out that the money wasted in the absence was enough to fill the budget deficit this year.
The committee member said Masood Haider Rustam in an interview / Baghdadi News / “The surplus federal budgets from 2004 to 2012 reached 185 trillion dinars (more than $ 150 billion),” noting Read more…

Finance reveal the government’s proposal to buy the Paris Club debt to reduce the budget deficit

Parliamentary Finance reveal the government’s proposal to buy the Paris Club debt to reduce the budget deficit

01/13/2015 14:04 GMT

Follow-up – and babysit – parliamentary Finance Committee announced on Tuesday, the existence of orientation of Parliament for the reduction of 10 trillion dinars from the budget, confirming that the reduction does not affect the employees and pensioners and social welfare, as revealed the existence of a government proposal includes the purchase of Iraqi debt to the Paris Club by the Central Bank to take Read more…

More than 5 trillion dinars value auctions

More than 5 trillion dinars value auctions

1/13/2015 0:00

BAGHDAD – Mostafa Hashemi
at a time when the Iraqi Central Bank announced its plan to issue Hawwalath of the order of 91 days for this year worth more than 5 trillion dinars, a banking consultant confirmed that the sale of remittances represents one means of monetary policy taken by the bank to deal with the levels of liquidity on a Read more…

Minister of Provincial Affairs is expected to reduce the budget to 100 trillion dinars

Minister of Provincial Affairs is expected to reduce the budget to 100 trillion dinars

13-01-2015 01:26 PM

Anticipate and Minister of State for Provincial Affairs and the House of Representatives, Ahmed al-Jubouri, rebalancing to the Council of Ministers to make adjustments due to the continued decline in oil prices, likely to Ttraha budget to 100 trillion dinars.
Jubouri said in a press statement, seen by the (news), said: ‘budget General of the State for the year 2015 was Read more…

Iraq loses $ 93 billion of cash balance

Iraq loses $ 93 billion of cash balance

Posted, 13-01-2015 10:02 PM

Announced in a parliamentary finance committee member for an urgent investigation to uncover the circumstances of the loss of $ 93 billion of Iraq’s cash balance during the last ten years.
The MP said Masood Haider, the committee opened an investigation sooner to uncover the circumstances of the loss of the cash balance of Iraq in the last ten years.
He said ‘that the balance Read more…