Posts Tagged ‘Iraqi Dinar’

Kirkuk confused old currency and seeking to work with the smart card

Kirkuk confused old currency and seeking to work with the smart card

Kirkuk, Iraq-Presse -25 November 2014

Kirkuk confirmed administration, on Monday, it’s the process of developing an urgent solution to the problem of coins, which are distributed to employees and retirees., While suggesting they develop a plan for the adoption of smart card transactions in the pan cash conservative circles ..
Said Ali Hamadi Associate Technical governor of Kirkuk’s / Iraq Press /, “we our examination today Read more…

Economists: No reason to treat local companies Alajnah currency

Economists: No reason to treat local companies Alajnah currency

11/25/2014

Baghdad. Ahmed Mohamed stressed MPs and businessmen on the need to adopt the Iraqi dinar in local dealings, to raise the value of that currency against the US dollar, which contributes to the award of the national economy. Iraq is going through a financial crisis that threatens its economic future, according to observers, the result of spending Miliradt dollars on the war against terrorism, and the displacement of the population of the provinces of western and northern country to safe places in northern and central Iraq and the south, which calls on the government to follow the austerity policy, to address the significant shortfall Read more…

Iraqi Dinar Guru opinions 11-24-14

Iraqi Dinar Guru opinions 11-24-14

11-24-2014 Intel Guru Jester THIS THING IS WRAPPING UP… IT IS NOT GOING TO GO THE WAY EVERYONE OUT THERE SAYS… THEY WILL ERRONEOUSLY REPORT EVERYONE GOING TO THE BANK ON THIS DAY OR THAT DAY AS YOU ARE SEEING EVEN NOW…BUT IT WILL NOT HAPPEN THAT WAY… THE LEGITIMATE GROUPS ARE GOING TO TAKE SOME TIME… THEY ARE HUGE… IT WILL NOT BE DONE IN AN INSTANT… THE RV COULD BE IN 2015… PUBLIC WILL BE SOMEWHAT AFTER THE GROUPS… AND THAT TIME FRAME IS PROBABLY REASONABLE…THE INFORMATION AND TIMING WE HAD LAST YEAR FOR AROUND THANKSGIVING ACTUALLY DID HAPPEN… MOST PEOPLE DON’T KNOW THAT… BUT IT DID… AND THEN WAS STOPPED FROM GOING ANY FURTHER… THOSE PEEPS ARE STILL WAITING… AS WE WERE AT THE TIME… WOULD NOT SURPRISE ME A BIT IF THEY DID NOT HAVE THE SAME TIME FRAME IN MIND FOR THIS TIME. Read more…

Iraqi Dinar Guru opinions 11-23-14

Iraqi Dinar Guru opinions 11-23-14

11-23-2014 Newshound Guru Aggiedad77 …we continue to see more evidence of PM Abadi’s desire to do the right thing…his recent appointment of Dr. Saleh as a personal consultant I think shows his faith in the former CBI official…Abadi continues to show the people of Iraq and the world that his intentions are to build an Iraq that is based on honesty and integrity…cutting corruption, terrorism, and excessive spending…..putting Iraq and its government on a “diet” a reduction not in calories but in the amount of money it has been spending frivolously in the past 8 years. The gold inlayed desks and crystal chandeliers are a thing of the past I think…it’s time to be frugal with how money is spent and work on holding everyone, everyone accountable for their budgets…and let that accountability start with their upcoming 2015 budget. Read more…

Police managed to track down 100 billion dinars .. Iraq looking for employee embezzled 40 billion

Police managed to track down 100 billion dinars .. Iraq looking for employee embezzled 40 billion

22-11-2014 11:07 PM

A source in the province of Baghdad, police said on Saturday, for the largest embezzlement in Iraq, where he disappeared employee after embezzled more than 140 billion dinars (about US $ 120 million), have been identified on the fate of 100 billion dinars (about $ 86 million), of which up to now .
The source said, that the employee, by reservation to be named, turned the amount of fake instruments was reached 100 billion of them, having tracked in Read more…

Iraq Dinar Guru opinions 11-22-14

Iraq Dinar Guru opinions 11-22-14

11-22-2014 Newshound Guru My Ladies …THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT…WAS HELD IN ISTANBUL THESE LAST FEW DAYS. FOR THE FIRST TIME EVER THE OIL MINISTER OF BAGHDAD AND THE OIL MINISTER OF KURDISTAN SAT DOWN TOGETHER AT THE …SUMMIT TOGETHER IN INSTNBUL TURKEY ON THURDAY AND WERE ABLE TO GET ALONG AND PLAY NICE. NOW WHY WOULD THEY BOTH THERE. NEVER BEFORE HAVE THEY BEEN INVITED TO ATTEND. Read more…

Abadi speaks of “a new financial thought” to balance in 2015

Cancellation of billions of dollars in expenses and consultant Abadi speaks of “a new financial thought” to balance in 2015

11/22/2014 (00:01 pm)

BAGHDAD / Mohammad Sabah

Prime Minister for Economic Affairs Advisor to detect the appearance of Mohammed Saleh said that the government would begin discussing the draft budget law of 2015 the beginning of the month of December next to set it up in proportion to the conditions of security and economic challenges.
He said the government will go towards reducing its current expenditures that were costing the federal budget each year nearly 45 billion dollars. He noted Read more…

Iraqi Dinar Guru opinions 11-21-14

Iraqi Dinar Guru opinions 11-21-14

11-21-2014 Newshound Guru tlm724 Article: “Shammari calls for the adoption of the state departments of the local currency rather than in US” calling all state depts to use the dinar instead of the US dollar…the global economic situation makes it imperative for everyone and the advancement of national vigor and the Iraqi economy…using it will enhance the economy no doubt…the more demand for the dinar the higher the value! It’s so awesome to see this push. Read more…

Iraqi Dinar Guru opinions 11-20-14

Iraqi Dinar Guru opinions 11-20-14

11-20-2014 Newshound Guru Adam Montana [Is there ANY difference in value of un-circulated Dinar as compared to crumpled up old circulated Dinar at cash-in?] …the CBI currently states that they actually have the right to deny accepting any notes with even the slightest flaw…so if they were to do that, a note that’s crumpled, soiled, ripped, or otherwise “destroyed” could be rejected. However… it’s not likely that they will be that harsh, as it would undermine their goal with an RV – to increase their money’s value and also their “worth” in the world as the major leaders see them. They also “reserve the right” to refuse ANY currency from outside of Iraq, which is where we get the occasional lopster using that as “evidence” that an RV is impossible. The fact of the matter is that Iraq does need the support of the world to be successful, and I’m not worried about them refusing our notes as long as they are in decent condition. Now, if your dinars have been ran over by a skid steer, left outside in a mud puddle, and taped back together a couple times… you might have a problem! Read more…

Shammari calls for the adoption of the state departments of the local currency rather than in US

Shammari calls for the adoption of the state departments of the local currency rather than in US

11/20/2014

BAGHDAD / .. According to a member bloc independent MP d. Mohammed al-Shammari, Wednesday, that the global economic situation makes it imperative for everyone and the advancement of national vigor and the Iraqi economy, and keep it from schemes aimed at wrecking.

Al-Shammari said, in a statement for “eye Iraq News,” The establishment of some countries to increase oil exports to the market in order to reduce oil prices, aims to impact on the economies of countries that rely on oil Coward Read more…

Iraqi Dinar Guru opinions 11-19-14

Iraqi Dinar Guru opinions 11-19-14

11-19-2014 Newshound Guru Aggiedad77 we are already seeing a number of articles about the agreements made with the Kurds last week on oil and gas issues….PAYMENTS are going forward as we are seeing today…The government is continuing to move in the right direction…this has to be garnering them a considerable amount of trust and faith with the people, not just the Kurds but with all Iraqis. The retired people are being paid as well, I think for September and October…again favorable news. Even with the tragic bombing in Erbil today, the government and Abadi are standing as one and saying…the ones responsible will be held accountable. This was a swift message following the bombing… For almost the whole part of the last week the news from Iraq has been EXCITING…I don’t think I’ve ever posted that before…it is creating excitement by itself. Read more…

Currency Daash doomed to fail for lack of the elements of contemporary Currency

Currency Daash doomed to fail for lack of the elements of contemporary Currency

19-11-2014 11:48 AM

Free –
The announcement by the organization Daash on his quest for the issuance of its own sensation currency highlighted the efforts of the jihadists tireless efforts to practice economic activities on a large scale.
questioned international reports in the chances of success of the organization Daash, the most powerful militant groups in Syria and Iraq, in the expansion of economic activities within their moves to gain legitimacy by owning the ingredients enjoyed by states. The press reports had said last week that Daash want to Read more…

Zebari announce the conversion of $ 500 million to Kurdistan after delivered 150 000 barrels

Zebari announce the conversion of $ 500 million to Kurdistan after delivered 150 000 barrels

11/19/2014 10:35 GMT

The Ministry of Finance announced, Wednesday, converted from $ 500 million to Kurdistan, pointing out that this step comes after the implementation of the Kurdistan Regional Government to hand over the item on the 150 000 barrels.
He said Finance Minister Hoshyar Zebari at a press conference, today, in the ministry building in Baghdad, and was attended by a reporter and news agency public opinion (and babysit), “The Finance transferred $ 583 billion dinars, the equivalent of $ 500 million to Kurdistan,” noting that “this comes Read more…

Iraqi Dinar Guru opinions 11-18-14

Iraqi Dinar Guru opinions 11-18-14

11-18-2014 Newshound Guru Breitling Back before Saddam started screwing around with the currency the note count was down to a billion notes and that’s why it was $3.00…move the situation forward…the Ministry of Planning, the Ministry of Finance and the CBI and their strategy…They had a 2 pronged attack. Get the oil to where it’s competitive, get enough oil out of the ground and have the currency at a certain level based on the note count so that they can be competitive. Then they were going to rebuild their infrastructure…they were going to reduce the note count and then they were going to add value to their currency so it gave purchasing power to the people and they were going to build the middle class in Iraq. They still plan on doing that but it’s definitely going to be a different situation… Read more…

Iraqi Dinar Guru opinions 11-17-14

Iraqi Dinar Guru opinions 11-17-14

11-17-2014 Newshound Guru Millionday [i know you cant get a date nailed down, however, if the laws get passed, in the next few days, then is it completely up to cbi, or are there some variables?] CBI HAS THE INDEPENDENT POWER TO SET THE VALUE OF THE DINAR AND ACTUALLY IT IS THEIR JOB — THEY…HAVE STATED THEY ARE READY BUT ARE WAITING FOR THE RIGHT TIME — DO THEY HAVE TO WAIT FOR APPROVAL? NO — BUT WILL THEY WAIT FOR THE GREATEST MOMENT? I WOULD SAY THEY WOULD WANT TO BE AS SUCCESSFUL AS POSSIBLE ALONG WITH ALL IRAQIS — SO WE WAIT AND SEE WHAT COMES FROM THE MANY LAWS WE HAVE SEEN THEY PLAN TO OUT IN PLACE IN THE NEXT COUPLE OF DAYS — THE FIRST BEING ECONOMIC. Read more…

Parliamentary Finance: city government for banks to 12 trillion dinars

Parliamentary Finance: city government for banks to 12 trillion dinars

Published on Monday, November 17 / November 17, 2014 21:03

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – a member of the parliamentary finance committee Faleh force, said the government has borrowed from banks 12 trillion Iraqi dinars in the current year and has not repaid until now.

The sari’s ( IMN ) “The government has to borrow a sum of government banks without paying for a long time, will make it unable to compete with the civil and foreign banks because of the deficit, Read more…

Foreign money experts are wondering: Who will recognize the golden dinar Daash?

Foreign money experts are wondering: Who will recognize the golden dinar Daash?

17/11/2014 (0:01 pm)

Translation term

The organization “Daash” reviews the Brighth, and constitutes courts and ministries, and issue passports and even license plates, but the leaders of this group, which took over parts of Syria and Iraq, began plans to issue a special coin Bha.vfa announcement last Thursday praised the organization (Daash) freedom of “the global economic system based on usury satanic”, and said he would begin a coin of gold, silver and copper in the basic tradition similar to Read more…

Bank decides to cut commission selling the dollar at the auction two dinars

Bank decides to cut commission selling the dollar at the auction two dinars

17/11/2014 12:06 GMT

Follow-up – and babysit – the central bank decided to reduce the commission for selling the dollar at the auction two dinars, adding that the goal is for the purpose of encouraging traders on the opening credits.
The bank said in a statement received news agency public opinion (and babysit), a copy of it on Monday, “The Board of Directors decided to reduce the commission for selling the dollar at the auction for the Read more…

The Washington Post: Maliki appointed partner in corruption central bank governor

The Washington Post: Maliki appointed partner in corruption central bank governor, the news is not encouraging

17-11-2014 09:37 AM

The big questions in Iraq
David Ignatius / journalist and novelist, an associate editor and columnist for the newspaper ‘The Washington Post’. Wrote eight novels, including the body of lies.
While America is progressing in the third war in Iraq over the past quarter century, it is important that the mental reference to assess whether the US strategy can achieve success in Iraq or not. At that moment, it is difficult to be optimistic because Read more…

Iraqi Dinar Guru opinions 11-16-14

Iraqi Dinar Guru opinions 11-16-14

11-16-2014 Newshound Guru Stryker Here are the top news stories this weekend concerning the project to deleted the zeros and the revaluation of the Iraqi dinar: Quote: “dozens of laws under the first and second readings.” Parliaments legal committee announced today that 100 stalled laws are back in the Council of Ministers for discussion and then will be moved to Parliament for approval. Along the same lines, PM Al-Abadi’s office director stated yesterday that the adoption of the Establishment of Industrial Law is soon to activate the Industrial Sector again and it will add much to the local market.

11-16-2014 Newshound Guru Stryker He also said that the government will Read more…