Posts Tagged ‘Iraqi Dinar’

A member of the parliamentary finance: No budget for 2014

A member of the parliamentary finance: No budget for 2014 or what the consequent projects and assignments

Monday, October 20 1 / Okrudolf 2014 10:19

[Baghdad-where]

Exclude a member of the parliamentary finance committee the possibility of approval of the draft budget law for 2014.

Faleh al-sari told all of Iraq [where] that “it is very difficult to have a financial budget for 2014 for several reasons, Mrs. Mubarak that the size of the fiscal revenue low of oil imports to Iraq to halt exports of Kirkuk and the Kurdistan region, in addition to the decline in world oil prices, and thus Revenue is the actual obtained by Read more…

Iraqi Dinar Guru opinions 10-19-14

Iraqi Dinar Guru opinions 10-19-14

10-19-2014 Newshound Guru Millionday THE NEWS IS FANTASTIC…WE HAVE A DEFENSE MINISTER AND AN INTERIOR MINISTER…THE KURDS GOT WHAT THEY WANTED…NOW THEY ARE WAITING FOR THE KURDS TO GET TO WORK WITH THEIR POSITIONS IN THE MINISTRIES AND ALSO HAVE APPROVED THE BUDGET…YES THEY APPROVED THE BUDGET…IT IS NOT IN THE GAZETTE YET UNLESS THEY HAVE PLACED IT AND NOT REPORTED IT AS OF YET. Read more…

Iraqi Dinar guru opinions 10-18-14

Iraqi Dinar guru opinions 10-18-14

10-18-2014 Newshound Guru Aggiedad77 It is always really good to wake up to great news about our investment and it seems it is coming rather fast and furious these days…both the Interior and Defense Ministers were voted on in Parliament today and approved…the Kurd ministers were also sworn in…so a triple whammy of sorts…wonder what else this day might bring to us.

10-18-2014 Intel Guru Frank26 We NOW have a COMPLETE GOI. Read more…

Maliki’s salary (60) million dinars from non Qtoat

Maliki’s salary (60) million dinars from non Qtoat

10-18-2014

Treasures Media / Baghdad – A source close to the Presidency of the Republic of Iraq, said Friday, “The monthly salary of the Vice President Nuri al-Maliki has 60 million dinars without Qtoat.”

Source. He said that “al-Maliki stipulated when taking office that his salary be 60 million dinars, without Qtoat or pay the dues of protection from the elements.”

He added that “according to the contexts used in the House of Representatives, MP’s salary is divided into two parts, the first third of the Read more…

Auction Central

Auction Central

10/18/2014 0:00

BAGHDAD morning
Systems Central Bank public auction for the sale of Hawwalath for 91 days at $ 200 billion dinars emissivity. Added a source at the bank said in a statement (morning) that he has been in the auction sale of 84 billion dinars out of the total amount, explaining that he had been selling at an interest rate Asdaria multi-highest discount rate was 5 percent. He pointed out that the Read more…

Iraqi Dinar Guru opinions 10-17-14

Iraqi Dinar Guru opinions 10-17-14

10-17-2014 Newshound Guru Millionday PARLIAMENT HAS CALLED ON THE HEAD OF CBI TO COME BEFORE THEM TO EXPLAIN WHY THE 3 ZERO CURRENCY HAS NOT BEEN REMOVED AND WHY THE VALUE HAS NOT BEEN RAISED — ALSO AN ANNOUNCEMENT HAS BEEN GIVEN THAT THEY ARE PREPARED AND ARE READY FOR THE DINAR TO BE RAISED TO A REALITY RATE AND THAT THEY ARE PREPARED TO MOVE TO A MARKET ECONOMY — ALSO THE ISX HAS ANNOUNCED THAT THEY WILL BE CLOSED UNTIL THE 26TH OF OCTOBER TO UPDATE TO X-STREAM — THIS IS TO DO WITH THE OMX NASDAQ PLATFORM THROUGH NEW YORK OR OF NEW YORK STOCK MARKET — …WE CAN SAY THAT THEY HAVE EXPANDED TO A GLOBAL PLATFORM AND THIS IS VERY EXCITING AND ENCOURAGING…DUE TO THE NEED FOR A REALITY RATE OF THE DINAR TO DO FAIR TRADE WITHIN THE GLOBE. Read more…

Iraqi Dinar Guru opinions 10-16-14

Iraqi Dinar Guru opinions 10-16-14

10-16-2014 Newshound Guru Millionday [Can Iraq rebuild their economy without an RV? ] IF THEY REMAINED WITH BORDERS CLOSED AND HAD NO MARKET ECONOMY THEY COULD FREEZE IN TIME — NOT GOING TO HAPPEN. THEY CAN NOT REBUILD THEIR ECONOMY WITHOUT A REALITY RATE AND THE GLOBE DUE TO THE WORLD ECONOMICS AS WE KNOW IT TODAY…THEY ARE PREPARING FOR THE USE OF THEIR NEW DEMOCRACY AND ALSO INTERNATIONAL COMPLIANCE TO MONOPOLIZE ON THE GLOBAL MARKET AND THE WTO — SO GETTING ALL OF THOSE REGULATIONS DONE AND IN PLACE WOULD BE WHY WE HAD TO WAIT… Read more…

Iraqi Dinar guru opinions 10-15-14

Iraqi Dinar guru opinions 10-15-14

10-15-2014 Newshound Guru Millionday […true or not…Iraq Stock Exchange stopped trading session starting from October 19 to launch electronic trading system “x-stream” October 14, 2014: To be the last session of trading in the market on Thursday, October 16 and then return in trading Thursday 23rd October?] THIS IS THE NEEDED TIME LAPSE TO PLACE IT ON THE MARKET GLOBALLY AND THE X-STREAM IS A HUGE HUGE MOVE AND ALSO GREAT NEWS FOR US ALL. [ the esx and isx are going international with a rate?] THE ISX AND ESX WHEN THEY GO GLOBAL WILL HAVE TO HAVE A FAIR TRADE PRICE OF REALITY FOR THE DINAR BECAUSE IT IS THEIR LARGEST PRODUCT AND WILL REQUIRE IT. THE STOCK EXCHANGE WILL HAVE THE RATES ON IT WHEN IT GOES GLOBAL LIKE THIS >>> IQD/USD, AND SO FORTH — THE RATES MAY BE RELEASED BEFORE ISX IS JOINED TO THE GLOBE BUT THEY WILL BE SET FOR THE GLOBAL ENTRY SO ALL CAN TRADE AND INVEST FAIRLY. Read more…

Abdul-Hussein al-Musawi: There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion

Abdul-Hussein al-Musawi: There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion

15.10.2014 18:47

{Baghdad: Euphrates News} A member of the National Alliance MP Abdul-Hussein al-Moussawi, “There is no deficit in the budget because revenues amounted to 70 trillion dinars surplus 9 trillion.”
He said the Attorney-Moussawi told {Euphrates News} that “estimates that were presented in the financial budget of the Federal for the current year during the previous electoral currently vary from revenues and expenses, on the grounds that the previous budget was estimated at 137 billion dollars, which is so far not Read more…

Iraqi Dinar Guru opinions 10-14-14

Iraqi Dinar Guru opinions 10-14-14

10-14-2014 Newshound Guru Kaperoni my news is from the CBI…here is what is going on in the CBI. I am sure most read the article yesterday saying the CBI is ready to engage the banking system with the world and the details in that article are really blunt…probably the most blunt we have ever had…well that same information was reiterated today on TV stating “considerable progress in reforming the banking system in Iraq”…but the real news was…”the CBI is compliant with all requirements of international regulatory agencies” which is very important and implies they are also compliant with the IMF. if true they technically could move to Article VIII anytime…but again, i want to mention the ISIL problem but this was very clearly stated today. we are getting closer. we have seen over and over that stability is important at the same time we must look at the urgency of Iraq to move to a market economy. Read more…

State regulation threatens to bankrupt the Iraqi private banks

State regulation threatens to bankrupt the Iraqi private banks

10/14/2014

Alaa Yousif-Baghdad
Experts stressed that the money in the Iraqi banking sector is exposed to a contraction because of the current war between the security forces and Islamic militants, state regulation, which led to the displacement of more than two million people.
Iraq has worsened security and wide where gunmen controlled a third of the area of ​​Iraq, in addition to the inability of Read more…

Economic parliamentary quest to confirm the deletion of zeros from currency

Economic parliamentary quest to confirm the deletion of zeros from currency

10/14/2014 10:51

BAGHDAD – morning
confirmed a member of the parliamentary Economic Committee Najiba Najib Monday, the pursuit of its implementation of the project to delete the zeros from the currency. Pointing to the existence of some of the obstacles that have prevented its implementation. She said Najib’s Center Brief for the Iraqi Media Network (IMN), “The Paradise will host the Governor of the Central Bank to learn Read more…

Iraqi Dinar Guru opinions 10-13-14

Iraqi Dinar Guru opinions 10-13-14

10-13-2014 Newshound Guru Kaperoni Article: “Central tends to activate cooperation with the world” Quote: “the requirements of the market economy and the provision of banking services to investors Iraqis and foreigners, especially that the country is on the verge of activating cooperation banking International service requirements anticipated in the development of the Iraqi economy, which is guaranteed by the new government program.” I would think “on the verge” is within 6 months, not days or weeks. I keep grounded by the enormous task ahead for the Abadi GOI passing laws, fight ISIL etc. But…the significance of an agreement to form a committee to implement the transition to a market economy with the full support of GOI is very important. The next few weeks, months will be very telling. Read more…

Iraqi Dinar Guru opinions 10-12-14

Iraqi Dinar Guru opinions 10-12-14

10-12-2014 Newshound Guru Millionday CBI HAS MADE HUGE PROGRESS TO MOVE TO THE GLOBE…THAT IS WHAT WILL SHOW US A RATE. THEY HAVE MADE THE TECHNICAL ADVANCEMENTS NEEDED AND ARE USED BY OTHER CENTRAL BANKS. CBI IS READY TO ACTIVATE THE MOVE TO THE GLOBE AND INTENDS TO DO SO. THE TIMELINE IS BEAUTIFUL WITH WHAT WE HAVE BEEN SEEING — WE DONT HAVE INK ON IT BUT WE HAVE BEEN SEEING A RUSH TO GET THINGS DONE. THE MOVE TO A MARKET ECONOMY AND THE ECONOMIC DEVELOPMENT IS WHEN WE WILL SEE THE REALITY RATE AND THE IRAQI VALUE OF IRAQ. Read more…

Financial cancel the doors of the exchange to meet the deficit in the budget

Financial cancel the doors of the exchange to meet the deficit in the budget

12/10/2014

In order to cope with the shortfall in the budget in 2014 of $ 45 trillion Iraqi dinars, the Finance Ministry has canceled a number of doors of exchange in the general budget, including allocations and hospitality Alaivadat and unnecessary expenses.

And sees economic analyst Salim al-Jubouri said Mozna sometimes a burden on ministries resorting to unnecessary expenses and that opens the door to corruption Read more…

Iraqi Dinar Guru opinions 10-11-14

Iraqi Dinar Guru opinions 10-11-14

10-11-2014 Newshound Guru Adam Montana [ I have always thought that the lower denomination/fils would release in conjunction with the RV of the IQD…to see them prior would tip the game…is this assumption on or near the mark?] Yes, if we see new denominations before a change in the rate, then we’re looking at a different game. I anticipate a lot of news about new denoms immediately before the CBI changes the value, but until I actually SEE the denoms with my own eyes – no panic here. The opposite, in fact – the more propaganda they push out, the closer we likely are. [Do ya think it’s possible for Iraq to have already printed the lower denominational notes and have them setting in a vault somewhere, ready to distribute once the switch’s flipped.] YES, and in fact I have contacts that have told me that is already the case. Read more…

Iraqi Dinar Guru opinions 10-10-14

Iraqi Dinar Guru opinions 10-10-14

10-10-2014 Intel/Newshound Guru Poppy3 I HAVE THOUGHT ALL ALONG THAT STATEMENTS THEY AND THE IMF PREVIOUSLY WOULD BE ADHERED TOO BUT IT SEEMS NOW FROM PEOPLE THERE THAT THEY MAY BE IN A POSITION THEY CAN’T COME OUT AS HIGH AS PLANNED BUT I STILL THINK THEY HAVE TO BE HIGH ENOUGH TO RID THE STREETS OF USD. TIME WILL TELL THE FACTS . [ it looks to me like Iraq’s only choice is to RV asap to get out of this financial situation, even if the rate is just 1:1. If they don’t rv soon, the hole will only get deeper.] YES THATS WHAT has changed MY MIND A LOT BECAUSE THERE SITUATION FINANCIALLY HAS CHANGED. IT STILL CAN BE HIGHER THAN THE 1 TO 1 BUT AT THIS POINT WE JUST HAVE TO WAIT FOR SOME OFFICIAL WORDS FROM A CBI OFFICIAL… Read more…

Iraqi Dinar Guru opinions 10-9-14

Iraqi Dinar Guru opinions 10-9-14

10-9-2014 Newshound Guru Millionday IN A PRESS STATEMENT JUBOURI MADE A GREAT STATEMENT BY PRAISING THE INPUT BY THE KURDISTAN TROOPS IN DEFENDING THE COUNTRY…THAT THE ISSUES OF THE CITIZENS AND THE NEEDS OF ALL WILL BE ADDRESSED IN THE NEAR FUTURE — THIS IS GREAT AND HELPS BRING THE COUNTRY TOGETHER. THEY ARE HAPPY WITH SHOWING THE NEW RELATIONSHIP WITH THE KURDS AND FEDERAL GOV AND HOW THEY ARE ABLE AND WILLING TO WORK TOGETHER AS A UNIFIED GOV. Quote: “initial indications at Arbil positive ensures join the Kurdish minister in the government formation, and requires chanting oath in the House of Representatives before their participation in the cabinet meeting next Tuesday.” THE KURDS ARE GOING TO IRAQ FEDERAL MINISTER SWEARING IN ON SATURDAY –WHOOOPOW — WE MAY HAVE A GOVERNMENT ON THE 14TH OF OCTOBER. Read more…

Iraqi Dinar Guru opinions 10-8-14

Iraqi Dinar Guru opinions 10-8-14

10-8-2014 Newshound Guru Millionday ABADI IS SIFTING THROUGH ALL MILITARY PLACED BY MALIKI AND REMOVING AND ALSO REMOVING SALARIES THAT ARE NOT OFFICIAL OR BY LAW. HE IS REMOVING…ANYONE THAT WAS PLACED IN A POSITION THAT CAN RISK THE COUNTRY SECURITY…THIS IS GOING BACK THE WHOLE 8 YEARS. SO THE DELAY OF THE BUDGET HAS POSTPONED THE SALARIES OF MILITARY AND THE PEOPLE AS A WHOLE AND MUST BE APPROVED FOR THIS REASON — ALL AGREEMENTS MUST BE MET. Read more…

Nouri al-Maliki stupid policies have left a deficit of 80 trillion dinars in 2014

Nouri al-Maliki stupid policies have left a deficit of 80 trillion dinars in 2014

October 8, 2014 15:05

He attributed a member of Kurdistan Finance Committee representative, on Wednesday, and a deficit of $ 80 trillion dinars federal budget for 2014, the current, “not realistic” estimate the amount of oil that can be exported, and the deterioration of the security situation and government spending (previous) on projects in some provinces and the neglect of the other, noting that the Kurdistan region “does not mind” making a Read more…