Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Monday PM Chat 8-9-16 Part 2 of 2
rcookie says():JUST IMAGINE WHAT THEIR ECONOMIC AND FINANCIAL DATA IS GOING TO LOOK LIKE WHEN THEY ARE GETTING STATIC REPORTING AND CONTRIBUTION FROM ALL PROVINCES AND ECONOMIC SECTORS...
rcookie says():EXACTLY WHAT THE IMF....WB....AND WTO HAVE BEEN ASKING FROM THEM....
rcookie says():PURE...RAW...UNSKEWED DATA...
larrykn says to rcookie():wow this is getting exciting :)
bibi says():Wow, such great progress!
bibi says to larrykn():yeah, exciting!
rcookie says():Zebari urges Kuwaiti company to pay tax dues
9/8/2016 0:00 BAGHDAD - morning Discussed the Finance Minister, Hoshyar Zebari, with a delegation from Kuwait's Zain Telecom, the subject of taxes owed by the company, and the need for cooperation to be settled, as discussed with the Ministry of Oil, ways to provide the necessary financing for investments in this sector.
A statement by the Office of the Minister of Foreign Affairs, said that «Zebari met with a delegation from Kuwait's Zain Telecom, headed by Bader Nasser Al-Kharafi, Vice Chairman of the Board, was discussed during the meeting and discuss the issue of taxes Palmsthakh on the company» parties .oatvq, according to the statement, the need for constructive cooperation between the two sides to settle the dues through the legal process for the continuation of the company continues to provide its services in Iraq.
Furthermore, he chaired Zebari on Monday, a meeting between the ministries of finance, oil, Bending devoted to discuss joint cooperation and coordination between them.
During the meeting, discussed cooperation in the field of providing the necessary funding for investments in the oil sector so as to ensure the continuation of the increase in crude oil production to achieve financial revenue to support the budget Amh.ouchehd the meeting, according to the statement, the review of the implementation phases of ready credit and entitlements of international oil companies agreement.
Soonergirlie says():Good Morning everyone... I love the liquidity crisis... it makes me think they are gonna have to do something about it. :)
rcookie says():HOW WOULD YOU LIKE TO ARBITRATE THOSE NEGOTIATIONS.....YES WE OWE YOU $9 BILLION IN WAR REPARATIONS...BUT HOW BOUT THOSE TAXES.....
Holly1 says(): how can ??? if they remove the zeors ... it is now 128.000... then it becomes 128.. it stays the same ? i am a little confused
Holly1 says():Rcookie are you here ? Abeche today Dollar Iraqi Dinar
Holly1 says():Flower Violet Haji without Traffic Mo Kahlua higher based on State Government raised the official price of $ outlets Hsar him
Holly1 says():Abeche today Dollar Iraqi Dinar They said the staff is a red line and Khvdoha salaries, and said claimed the export power and form a government of technocrats they said and said and said
Holly1 says(): Hussain Fadhel al-Badri Times in one statement to the Minister of Commerce, said that the ministry had agreed with a Turkish company on a basket containing food material Altamonah for distribution to citizens and the quality and specifications of the high processing ... but the result flew share is currently Bs thanked God bless our ministers Bs hottest
Holly1 says(): The stock Asmar Market Balsaad shad himself and frankly some banking companies outsiders p profession Laeken conditions and liquidity created from him that the banking is not the owner of the profession when the market is required to buy teams for market Nmrtin not to climb the market and some Chierfat buy twenty teams to fifteen tiger teams from the market Tagafis means with respect and appreciation for Taibin
Holly1 says(): Bہhoe Oljہbہoraہ Haasir shillings if the zeros of the Iraqi currency ??? means $ 100 becomes 128 dinars, not 128,000 mu best if Henw inhibitor Please inquire Halmalomh
Holly1 says(): Bہhoe Oljہbہoraہ Thank you my brother on the information Bs millions Akouha Igiob Alnuwab officials
Holly1 says(): Abeche today Dollar Iraqi Dinar Maaasir Shi mere formality change does not provide nor Jager in the Iraqi economy only facilitates calculations
larrykn says to Holly1(): would that mean 1 dinar =1.28 usd
Holly1 says(): Bہhoe Oljہbہoraہ Bs Bhalhalh claimed climb the Iraqi dinar and the dollar becomes almost a thousand thousand Iraqis text is better than a million and a little
Holly1 says(): Abeche today Dollar Iraqi Dinar Bہhoe Oljہbہoraہ completely changed my brother only a formal removal of the three zeroes
Holly1 says(): Mazin Mohammed Al Zubiady Brothers have already said come down today at the close fifty Hate climb 250 dinars on the Hallab and Egypt reserves of 15 billion and the $ = 11 pounds, as well as the Lebanese, Syrian and Nehna reserves of 50 billion Maady International aid and squeeze government spending and cuts salaries of staff and Khvzaaossarlna seenInto the day without pay with the recession and reduced the mass of the Iraqi dinar cash in short means he's got to be the Iraqi dinar went With this continuous descent Dinars Albelaamah Henw cause and excuse of Haji Allah protect him because he is the only site that comment by Salami
Holly1 says():Mohammed Dlshad Arbil, 128 750 Display and Orde
Holly1 says():Raised the Iraqi See the dollar price is cheap compared to the cost of goods Amh.sar Hello 25,000
Holly1 says():Muhanad Yassein I expect come down because of large whales Atkhav to Atassadh more and lose a hobby
Holly1 says():zzard Few Auction Auction many farce
Elane says():Interesting news thanks Holly1... yes we need some expertise in sorting this one out!
Holly1 says to Elane():oh I agree .... but one said cant change the 3 zeros ... but dollar and iraq dinar ... say this and not sure how to read it ...... eche today Dollar Iraqi Dinar
Bہhoe Oljہbہoraہ completely changed my brother only a formal removal of the three zeroes
Holly1 says to Elane():not sure and hope they post more on this .. :)
Elane says():Me too Holly1 and my deep thanks for you bringing this here
Holly1 says to Elane():so maybe one thinks because of old laws and the cost of printing the new ... and dollar and iraq dinar saying it has changed .. not clear on his words yet ...
Elane says():yes.... still scratching my head
Holly1 says to Elane():completely changed my brother only a formal removal of the three zeroes
Holly1 says to Elane():why cant they talk English (lol)
Holly1 says to Elane():i am asking them what this means :D
larrykn says to Holly1():they already have the lower notes printed and ready once they remove the zeros they will have to change the rate and give the lower notes out an remove the larger ones IMO
larrykn says to Holly1():so once they remove the zeros the 25000 k note would be 25 note
clay says to larrykn():just do it
larrykn says to clay():I hear ya :)
Railman says():I'm no expert but if the 25000 note becomes a 25 note isn't that a LOP?
larrykn says to Railman():no they will raise the value of the dinar which would make the 25 note worth more then the 25000k note.
larrykn says to Railman():there will be no lop period
clay says to Railman():the new 25 note will be times 1000
clay says to Railman():if the rate goes to 3 it will be worth 75 dollars times 1000
Railman says():OK, thank you for your help.
larrykn says to clay():maybe not so much in country but it will be worth a lot more then it is now
clay says to Railman():you dont lose the currency
clay says to larrykn():right
clay says to Railman():the US dropped the zeros after WWII
clay says to Railman():its just used for purchasing power
clay says to Railman():ya cant give change on a 25k note thats now worth 25,000 or 75,000 lol
Railman says():I never thought it was going to lop but it's kind of confusing
clay says to Railman():they are just making the notes smaller so they can use them to purchase
larrykn says():they will also have change like we do now , with those coins they brought out a few months ago
clay says to Railman():at shops
clay says to larrykn():exactly
Holly1 says to larrykn():yes they have been talking about that .. the ATM machines . they are talking about alot regarding so much as we are .... a good thing IMO.....
Elane says to Holly1():You got it!!!!
larrykn says to Holly1():yes I think things are moving right along :)
larrykn says():Diwaniyah administration is seeking to keep hard currency to limit banking offices unlicensed
2016/08/09 16:40 Term Lierse / Diwaniya Revealed the governor of Diwaniyah Sami Hasnawi, on Tuesday, all attempts to keep hard currency by reducing banking offices unlicensed, and as he pointed to the need to organize the work of banking offices and companies money transfer, he stressed that the central bank authorized local governments authority to grant banking companies leave the practice of the profession .
Sami al-Hasnawi, in an interview to the (long-Presse), said that "an expanded meeting of a cell of the economic crisis, held today at the Office of the province, with a number of owners of banking companies, search maintain hard currency manipulation and fraud, pursued by some currency traders of illegal mechanisms "noting that" the meeting discussed the granting of work permits to legally banking offices, to reduce the phenomenon of chaos and illegal activities, affecting negatively and directly in the province's economy mechanisms. "
He Hasnawi, that "the owners of banking companies raised during the meeting, a number of problems and obstacles that hinder their work, due to the entry of many Translated to work, which was born a lot of fraud and cheating methods," adding that "the phenomenon of remittance unlicensed offices, showed a lot of cases of fraud and forgery, in which the victim is the citizen. "
He Hasnawi, to "reduce the spread of offices unlicensed keep hard currency in the province markets and restore confidence between the citizen and the company's financial transformation," pointing out that "the central bank authorized local governments authority to grant work banking offices leave, in accordance with legal procedures and the involvement of actors oversight. "
He Hasnawi, said: "This will contribute significantly to the reduction of front companies and to protect the local economy from the chaos and sabotage," stressing that "the granting banking licenses procedures include several points, including the possession of sufficient capital and expertise and university certificate, and full-time work, and not be convicted it a misdemeanor involving moral turpitude. "
Diwaniya is suffering from a severe economic crisis due to government austerity and the lack of sources of oil and finance and tourism border, the scarcity of jobs has led to high rates of poverty in which 43% according to the latest statistics of the Ministry of Planning.