Sem January 29, 2015 at 2:16pm Somebody confident please analyze the math in the approved budget and estimate a rate. I admit, I am confused
Michael > Sem I think Oilrat figured it at about $3.40.. which would be the RI rate and that would make sense for a starting rate or base rate.
changinghistory January 29, 2015 at 2:53pm
Not sure where all the math is coming from, however...in simplicity:
Original budget was 125T at a rate of 1166 = 107B USD
The budget now of 484B / 107B = 4.52 USD rate
Beethoven: It would be fitting to announce the RV on Feb 2nd in Punxsutawney, Pennsylvania.
Highhopes: lol..."Groundhog Day" would be PERFECT and so Ironic
blackjon] Jubouri hails passage of the budget and confirms: Iraq has not seen since 2003, the law was passed during the month http://tinyurl.com/p584w39
DELTA » January 29th, 2015, 2:14 pm
URGENT FROM IRAQIA TV: BUDGET IS DONE!!!!!
Bernice: If post in Gazette then it has to have rate?.....can someone answer....thanks
Aggiedad77: Yes it will have a rate....likely.....1166....unless we hear the CBI implementing what they have talked about
IMO....Do not put a great deal of worry though into what is or isn't in the budget
Iraq is proving they are a force to be reckoned with.....they will not be held down much longer I don't believe
I believe time is our friend.....we shall be watching how things blossom from this point
walkingstick » January 29th, 2015, 1:49 pm
Thursday, January 29, 2015 19:00
2015 amendments to the budget law
I got / Baghdadi News / amendments to the draft federal budget for 2015, which included the amendments made by the House of Representatives law materials.
According to the law that "the budget revenues are estimated B94 Trliuna and 184 billion and 87 million, on the basis of calculating the oil export revenues at an average price of $ 56 per barrel and the rate of export of 3.3 million barrels per day, including 250 thousand barrels exported from the province of Kurdistan."
Included as well, "the amount of 119 Trliuna and 85 billion and 322 million and 763 thousand expenditure for the current year budget, instead of the previous expenses were estimated with 125 trillion dinars, and allocated them 41 trillion and 99 billion and 214.07 million dinars for investment projects."
According to the law, "the settlement of dues between the province and the federal government for the years from 2004 to 2014 and subsequent years, after being examined by the Office of Federal Financial Supervisory Aalag with BSA for the region."
It also included "be borrowing from agricultural and industrial real estate and banks an interest rate of 2%, while borrowing was provided for in the budget before the amendment of the agricultural and real estate Fund and housing."
He also stated, "Finance Minister validity Add allocations for the purpose of extinguishing the predecessor installed 01/01/2008 until 31/12/2012 spent as a result of the laws of the window, after the period from 1/1/2008 until 12/31/2014."
Included "committed to ministries and departments not associated with the Ministry announcing the grades developed within the owners in 2015 in the local newspapers, with a commitment to proportions of the population in each province, and the paragraph before the amendment, committed to ministries and departments not associated with the Ministry announcing the grades developed within the owners in 2015 in local newspapers , taking into account the proportions of the population in each province ".anthy 21 / l
walkongstick : Urgent Parliament vote on Article 59 of the draft budget, which provides for the publication of the law in the Official Gazette facts Law
Baghdad: Euphrates News} House of Representatives voted on the fifty-ninth article of the draft federal budget for the fiscal law for the current year, which provides for the deployment of law in the official newspaper the facts as of 01/31/2015. Ended as