Posts Tagged ‘Iraqi Dinar’

Baghdad will begin sending trillion and two hundred billion dinars a month to the Kurdistan region

Baghdad will begin sending trillion and two hundred billion dinars a month to the Kurdistan region

Friday, December 26, 2014 10:54

BAGHDAD / Baghdadi Uz..cd Vice Erbil branch of the Central Bank of Kurdistan, on Friday, that Baghdad will start from next month until the ratification of the Iraqi general budget, send trillion and two hundred billion dinars to Kurdistan.

He explained MP Ahmed Khadr in a statement quoted by the official website of the Democratic Party of Kurdistan and seen / Baghdadi News / him that “from Read more…

Iraqi Dinar Guru opinions 12-25-14

Iraqi Dinar Guru opinions 12-25-14

12-25-2014 Newshound Guru Adam Montana [Is the possibility of Shabibi coming back as the Central Bank Governor good or bad for our investment?] Shabs is a VERY smart man, and was very good at his job. If he were to come back to that position, the new GOI under Abadi is a different animal than what Shabibi had before. I don’t think Shabibi was the reason for Iraq not RVing – if anything, he was held back by Maliki. That is no longer the case, and I feel like Shabibi could be a major asset to an RV…. so I’m going to say his return would be a good thing for us, but his return is by no means necessary for progress. Read more…

The budget does not rely on external loan and draw with 9 billion dollars from government banks

The budget does not rely on external loan and draw with 9 billion dollars from government banks

12/25/2014 (00:01 pm)

BAGHDAD / Mohammad Sabah

Committees confirmed the money and the economy both parliamentarians, the continuation of the Council of Ministers to discuss the general budget despite the vote on the approval in Tuesday’s session. He said Congress Committees for the existence of differences centered on details affecting the oil agreement between Erbil and Baghdad, and Read more…

Parliament ends the first reading of the budget and referred to the Finance Committee [Expanded]

Parliament ends the first reading of the budget and referred to the Finance Committee [Expanded]

Thu, December 25 1 / December 2014 15:28

[Baghdad-where]

House of Representatives ended during its Thursday, the first reading of the draft budget law for 2015, and referred to the Parliamentary Finance Committee in order to prepare a detailed report on second reading.

According to a statement to the House of Representatives received by all of Iraq [where] a copy of it today, “The House of Representatives ended the extraordinary Read more…

Deputy: the budget will pay monthly payments of the region’s share and will raise the prices of mobile and Internet

Deputy: the budget will pay monthly payments of the region’s share and will raise the prices of mobile and Internet

Thu, December 25 1 / December 2014 10:05

[Baghdad-where]

Deputy National Alliance revealed that “the share of the Kurdistan region in accordance with the financial budget for 2015 will pay in the form of monthly payments,” referring to “Ananak proposals to increase budget revenues, including taxes on mobile services [mobile] and the Internet and import cars.”

He said Hashim al-Moussawi told all of Iraq [where] that “among the Read more…

Economist: central bank policy behind the rise in the dollar exchange rate

Economist: central bank policy behind the rise in the dollar exchange rate

25-12-2014 12:24 PM

Download economic analyst, Maytham and coffee, the Iraqi Central Bank policies responsibility rise in the dollar exchange rate against the dinar, pointing out that these policies have hurt a lot of foreign and local currency.
He and coffee in a press statement, An’saash CBI hurt much the depletion of foreign currencies, especially on Read more…

Iraqi Dinar Guru opinions 12-24-14

Iraqi Dinar Guru opinions 12-24-14

12-24-2014 Newshound Guru Millionday THE BUDGET IS TO BE VOTED THROUGH ON THE SPOT ON – THURSDAY – MERRY CHRISTMAS! [if the budget is done thurs does that mean fri is our day?] NO — IT MEANS THAT THE BUDGET WILL BE DONE AND IRAQ WILL BE READY FOR MONEY TO BE DISBURSED TO ALL PROVINCES FOR CONTRACTS…NO ONE KNOWS THE DATE OR THE RATE. Read more…

Saleh: Central Bank reserves fully covers the dinar and the high dollar just bubble

Saleh: Central Bank reserves fully covers the dinar and the high dollar just bubble

12/24/2014 4:24

Brother – Baghdad
Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, Wednesday, high dollar price in the market, it is only for “price bubble”, stressing that the dinar bank reserves covering completely.

Saleh said in a statement seen by the Agency for News Agency (et) that “some speculators in the market taking advantage of in some cases some Read more…

Saleh: Operational Budgeting for 2015 amounted to 63 trillion dinars and investment 37 trillion dinars

Saleh: Operational Budgeting for 2015 amounted to 63 trillion dinars and investment 37 trillion dinars

12/24/2014 5:10

Brother – Baghdad
Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, said on Wednesday that next year’s budget in 2015 includes many of the hedges and alternatives in case of occurrence of unexpected things, and confirmed that the operational budget of which 63 trillion dinars and investment amounting to 37 trillion.
He said the economic advisor to the prime minister, the appearance of Mohammed Saleh, said in a statement Read more…

Iraqi Dinar Guru opinions 12-23-14

Iraqi Dinar Guru opinions 12-23-14

12-23-2014 Newshound/Intel Guru Eagle1 You know how we have heard WF [Wells Fargo] put out that they were not involved with this…put out this noise to the public… And they have clamped down on personal bankers and anyone working in the banking system that tried to talk about it…Today [Monday] I have from two separate sources within WF that they will be announcing officially “tomorrow” a reversal of that status! The fact that WF is going to reverse that status, they’re also indicating that this thing is ” imminent” and they’re preparing their people for it…They’ve taken some steps today that I am not at liberty to talk about that only magnify the significance of that change. Read more…

Zebari: the budget deficit 23 trillion dinars and the Committee to reformulate some of the material will meet tomorrow

Zebari: the budget deficit 23 trillion dinars and the Committee to reformulate some of the material will meet tomorrow

23/12/2014 14:24 GMT

Follow-up – and babysit – Finance Minister Hoshiyar Zebari said that “the budget for fiscal year 2015 value of 123 trillion dinars, expecting a deficit of 23 trillion dinars.
Zebari said in a press statement that “the Council of Ministers approved on Tuesday a draft 2015 budget worth 123 trillion dinars ($ 103 billion).”

The Minister of Finance that “going forward will be presented to Parliament Read more…

Cabinet approves 2015 budget constitute a committee to rewrite some of the material

Cabinet approves 2015 budget constitute a committee to rewrite some of the material

23/12/2014 14:31 GMT

Follow-up – and babysit – Council of Ministers approved a draft federal budget law for fiscal 2015.
A statement by the Office of the Prime Minister Haider al-Abadi received news agency public opinion (and babysit) a copy of “The Council of Ministers approved in its regular day on the draft federal budget law for 2015 and forwarded to the House of Representatives.”

“The committee Read more…

Cabinet approves 2015 budget parliament held an emergency session to discuss Thursday

Cabinet approves 2015 budget parliament held an emergency session to discuss Thursday

23-12-2014 04:19 PM

BAGHDAD / News – December 23 (December): Council of Ministers approved on Tuesday a draft financial budget law for 2015 and referred to the House of Representatives for approval, noting that the ‘draft financial budget law for 2015, amounting to 123 trillion dinars stripped it of any fiscal deficit’ while the Presidency of the Council of Representatives has Read more…

Iraqi Dinar Guru opinions 12-22-14

Iraqi Dinar Guru opinions 12-22-14

12-22-2014 Newshound Guru sczin11 Press Release: “Iraqi judiciary decided, on Monday, the release of the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him, as well as the release of the former Minister of Communications Mohammed Allawi.” Dr. Shabibi IS FREE! This IS THE BEST OCCURRENCE IN RELATION TO THE CBI RELEASING A TRUE VALUE TO THEIR CURRENCY, I HAVE SEEN SINCE THE DOCTOR WAS RELIEVED OF HIS DUTIES AS GOVERNOR OF THE CBI SEVERAL YEARS AGO. it was HIS PLAN INITIALLY, HE HAS THE SMARTS! HE IS THE CONNECTION IRAQ HAS TO IMF! HE KNOWS ECONOMICS…HE WILL BE THE TRIGGER! IMHO. Read more…

Iraqi Dinar Guru opinions 12-21-14

Iraqi Dinar Guru opinions 12-21-14

12-21-2014 Newshound Guru Millionday LET ME SAY SOMETHING… ABOUT THE RATES…THERE ARE RULES AND COMPLIANCE WITH THEM…IF THEY COME OUT AT A MANAGED FLOAT THEY ARE NOT ABLE TO MOVE MORE THAN 2% IN EITHER DIRECTION. THE PRICE OF THEIR CURRENCY IS AS A PRODUCT. IT HAS TO BE PRICED FAIRLY AND SOLD HONESTLY. A MANAGED FLOAT WOULD MAKE MORE SENSE WITH ENTRY TO THE GLOBE AS THEY ARE AND THE ENTRY TO THE GLOBE WILL BE AT A RATE OF VALUE THAT IS NOT IMPOSED BUT WILL BE A REALITY RATE…HOWEVER DUE TO THE MASSIVE CONTRACTS — I CANT IMAGINE NOT HAVING IT AT A MANAGED FLOAT MEANING HELD BY 2% IN EITHER DIRECTION. Read more…

International Monetary required to reduce the deficit to lend to Iraq

International Monetary required to reduce the deficit to lend to Iraq

December 21, 2014

Revealed the Parliamentary Finance Committee Rapporteur Ahmed Rashid flesh that Iraqi oil is sold, during the last few hours, dollars with 53 per barrel, “stressing that this level of prices,” one of the real reasons that prompted the government to not to discuss the budget on Thursday, adding to the pressures of the Central Bank of Iraq the need Read more…

Iraq faces a real deficit in the budget and coverage are subject to an improvement in oil prices

Economic center: Iraq faces a real deficit in the budget and coverage are subject to an improvement in oil prices

21-12-2014 03:02 PM

Economic center confirmed that Iraq this year faces a real deficit is different from previous years, which was the deficit is unrealistic, as it is today, at present covered by the improvement in oil prices, noting that the deficit reached up to 36 trillion dinars.
The head of the Economic Information Center, Dargham Muhammad Ali, in a press statement seen by (newsletter): ‘that the budgets of the past years have seen a digitally deficit only, and is not Read more…

Iraqi Dinar Guru opinions 12-20-14

Iraqi Dinar Guru opinions 12-20-14

12-20-2014 Newshound Guru Millionday THEY ARE NOW MOVING THE REALITY OF THE IRAQI DEVELOPMENT AND MOVING ALONG WITH ALL IN THE WAY OF IT BEING DEPENDENT OF ALL IN ITS DEVELOPMENT — THIS IS MEANING THE ACTUAL LEGISLATION FOR THE ECONOMIC REFORM FOR IRAQ AND ITS ADVANCEMENT…THIS IS MAJOR. [ i feel like we’ve heard this before, is this majorly different now?] THEY ARE IN A COMPLETE DIFFERENT POSITION THEN THEY HAVE EVER BEEN — WITH THE APPROVAL OF THE UN FOR THE KUWAIT DEBT CHANGE AND THE MANY REFORMS READY TO GO. Read more…

Baghdadi: Detection of ghost employees (aliens) provides a billion dollars a year to the budget

Baghdadi: Detection of ghost employees (aliens) provides a billion dollars a year to the budget

12/20/2014

Sabah published a statement Presidency of the Council of Ministers on the dial, which took place between the Prime Minister Haider al-Abadi and US President Barack Obama, during which the review of the security and political situation in Iraq.

The statement said that President Obama expressed his country’s readiness to provide logistical and intelligence and military support for Iraq in its war against terror Daash gangs.

In other news the morning quoted a government source as saying Read more…

Abadi government intends to borrow from the International Monetary Fund

Abadi government intends to borrow from the International Monetary Fund

20-12-2014 12:17 AM

Parliamentary Finance Committee revealed, for the government’s intention to borrow $ 5 billion from the International Monetary Fund, but the central bank pressed further ‘expenses pressure’ before heading to external borrowing.
He said the Commission’s decision, MP Ahmed Rashid flesh, that: the Government intends to address the large proportion of the deficit, due to lower oil prices, through the use of internal Read more…