BLC Admin Tlm724 Morning News & Comments
Zebari: the dinar exchange rate remains stable
[tlm724] Zebari: the dinar exchange rate remains stable
[tlm724] Discussed with the International Monetary Fund plans and programs of the government in the next phase
[tlm724] The Minister of Finance that "consultations with the International Monetary Fund come because Iraq is an important part and a founding member of an international organization
[tlm724] so our priority at this meeting to give a comprehensive picture of the economic and financial reality of Iraq and consultation
[tlm724] the presence of satisfaction by the International Monetary Fund for an agreement between the central government and the Kurdistan region to increase oil exports
[tlm724] the exchange rate of the Iraqi dinar remains stable not affected in the repercussions of the drop in oil and the level of positive inflation and brought a different ratio of expected by the International Monetary Fund
[tlm724] the exchange rate of the Iraqi dinar, that is key here, the IMF requires that stability !
[tlm724] this is huge news !
[tlm724] the IMF requires a 2% threshold for the exchange rate and Iraq has maintained that stability !
[tlm724] if the IMF is happy then we get happy , just sayin... article 8 in on the plate ready to be served up
[RCS1947] ...and brought a different ratio of expected by the IMF
[tlm724] RCS1947 yep just look at the title the dinar exchange rate remains stable and it's within the threshold and has been !
[Shredd] This is huge regarding article 8 compliance!
per IMF Article VIII : 9. Article VIII, Section 3 prohibits members, subject to certain exceptions, from engaging in MCPs or discriminatory currency arrangements.
In this regard, the Fund has determined that “official action should not cause exchange rate spreads and cross rate quotations to differ unreasonably from those that arise from the normal commercial costs and risks of exchange transactions.”
6 An MCP will, in particular, arise from action by a member that, of itself, gives rise to a spread of more than 2 percent between buying and selling rates for spot exchange transactions on its territory.7
INTERNATIONAL MONETARY FUND
Article VIII Acceptance by IMF Members: Recent Trends and Implications for the Fund Prepared by the Monetary and Financial Systems and Legal Departments Approved by Ulrich Baumgartner and Sean Hagan
May 26, 2006
Sustain the relationship with the IMF
[tlm724] Sustain the relationship with the IMF
[tlm724] The aim of this meeting is to identify the impact of the conflict and the war against Daash in the Iraqi economy and discuss the budget 2015 plan
[tlm724] They also reviewed the situation in the oil sector and the impact of falling oil prices and economic activity is oil and international needs and market exchange foreign
[tlm724] market exchange foreign *wolfwhistle* but we knew that Wink see chat here http://www.bondladyscorner.com/t106521-blc-admin-tlm724-chat-imf-meeting-12-07-2014
Economy Commission: Amendments to the Customs Tariff Act
[tlm724] revealed the economic and investment commission in the House of Representatives for the new modifications will occur on the tariff law,
[tlm724] For his part, member of the Committee Knight Knight Speaking »Sabah» the importance of legislation tariff law during the next phase, as a basis for evaluating the deterioration in several aspects, stressing that this law must abide by when legislation through beatings at the hands of corrupt officials from entering invalid materials into the country.
[tlm724] the importance of legislation tariff law during the next phase
[tlm724] The director of the General Administration of Customs of the Ministry of the Finance Committee, has promised in a previous encounters completion of a sophisticated system of tariffs is adapted from a system
Alamaratne.fa while the Finance Committee in the House of Representatives announced that the cost of the application of the tariff program in Iraq up to one billion dollars.
[tlm724] has promised in a previous encounters completion of a sophisticated system of tariffs is adapted from a system
[tlm724] alerted a member of the Finance Committee that the billion dollars would be easy to loss of billions of dollars by Iraq to import inferior materials in addition to all the neighboring countries work with this system except Iraq,
causing him to be a market for all of these countries and thus draining its resources and waste of public money on the grounds that he pays hard currency and buy a product for which bad.
[tlm724] alerted a member of the Finance Committee that the billion dollars would be easy to loss of billions of dollars
[tlm724] see that it cost a billion dollars to implement BUT they will make billions !
[tlm724] not a bad deal if ya ask me Wink
Abadi-term: I will continue to expose the aliens even if it takes my assassination
[tlm724] Abadi is the man ! He will not stop til this corruption is a thing of the past ! *hallelujah*
Peshmerga announce Washington's blessing for arming the military with more than a billion and a half billion dollars
[tlm724] Peshmerga announce Washington's blessing for arming the military with more than a billion and a half billion dollars , dayum
[tlm724] the approval of the US Congress agreed to provide weapons and military supplies for the Peshmerga forces
[cat] took a while huh
[tlm724] now they can *kickA*
Jubouri of Kirkuk: We formed a temporary committee to follow up on Article 140 of the Constitution
[tlm724] al-Jubouri, the formation of a parliamentary committee to follow up the temporary implementation of Article 140 of the Constitution of the disputed areas.
[tlm724] sweet !