DINAR UPDATES 4-16-16
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Chat Room Excerpts & Highlights
Dinar Updates Saturday AM Chat 4-16-16 Part 3 of 3
Hutch says():The list of characters in this meeting are very telling
Iraq holds intensive talks with the International Monetary Fund and the World Bank on economic reform
History of edits:: 2016/4/16 8:58 • 97 visits readable
Iraq holds intensive talks with the International Monetary Fund and the World Bank on economic reform
[Oan- Baghdad] Knit Iraqi Mi in the US capital Washington, the delegation held with officials of the International Monetary Fund and World Bank process of financial and economic reform in Iraq.
He said that the Ministry of Finance Agency has received all of Iraq [where] a copy of it, that the delegation "such as Iraq in the annual meetings of the spring IMF and World Bank in Washington, DC, and was attended by the delegation headed by Finance Minister Hoshyar Zebari, economic adviser to the prime minister appearance of Mohammed Saleh, experts of the Ministry of Finance and Central Bank Iraqi and Iraq's ambassador in Washington. "
He held the Iraqi delegation, the statement said "intensive technical talks with the IMF team on existing programs to promote the process of the financial and economic reform in the country."
The statement added, "The delegation also held technical discussions with the World Bank team on development projects and programs to combat poverty and diagnose the symptoms of imbalance in the Iraqi economy and prioritization of reconciliation."
Read More :http://www.dinarupdates.com/showthre...-World-Bank-on
RickeyT says():The IMF sould pull back, Iraq is suicidal
Hutch says to RickeyT():CUT IT OUT
rcookie says to Hutch():GREAT FIND HUTCH!!!....
Hutch says to rcookie():I like the players !
magnetlady says():Wow I could have reached out and touched them. Right across the street from where I work.
Hutch says to magnetlady():Go over there and shake some sense into them !! Crack the whip! :D
rcookie says to Hutch():ME ALSO...."INTEN SIVE TECHNICAL TALKS WITH IMF TEAM ON EXISTING PROGRAMS TO PROMOTE THE PROCESS OF THE FINANCIAL AND ECONOMIC REFORMS IN THE COUNTRY"......
rcookie says to Hutch():HMMMMMM......
Hutch says to rcookie():I dont think that they are dooming and glooming.....
rcookie says():Mr. Muqtada al-Sadr recognizes the legitimacy of the President of the Parliament and calls Abadi to provide cabin technocrats within 72 hours Wrote: April 16, 2016
He acknowledged the cleric Muqtada al-Sadr, implied the legitimacy of the parliament speaker Salim al-Jubouri, through a new statement which criticized what recently happened in the parliament of political polemics misrepresented the reform process path.
He called the leader of the Sadrist movement, the three presidencies to hold a session of parliament which offers cabin ministerial characterized by independent Baltknuaqrat, and put it to a vote during a maximum period of seventy-two hours.
As Mr. al-Sadr called on ministers to submit their resignations immediately, Abadi goodbye to exploit popular support and do not obey the political blocs.
He accused the leader of the Sadrist movement, political figures, did not call it, it is planning to divert the democratic process and the return of abhorrent policies, through Tjaerha to picket the House of Representatives in favor of personal and partisan ends shabby, including former Prime Minister Nuri al-Maliki in his accusations.
allinxpress says():72 hours??? 45 days??? which one is it lol
rcookie says():Rafidain Bank: the granting of loans and banking facilities for all sectors to stimulate the economy, Iraq
Saturday 16-04-2016 | 7:51:26 Twilight News / Rafidain Bank said on Saturday he was the granting of loans and banking facilities to the private sector and other sectors of the national economy.
The general director of the bank on behalf Kamal al-Hassani said in a statement responded to the Twilight News, that the bank was and still is the first supporter of the state and the private sector in the head with forms all banking support for the advancement of the national economy and relied upon a fundamental pillar in the country as well as coverage of foreign funds in exchange for credit and guarantees easy.
He noted that these steps have given the citizens a lot of confidence and commitment to the management of the bank commitments made by his administration since he took.
Hutch says to rcookie():Saw that one too... another good one!
_firefly_ says to rcookie():World Bank Restructure the Rafidain and Rasheed in Order to Raise the Value of the Iraqi Dinar March 26, 2013
Hutch says to rcookie():granting of loans and banking facilities to the private sector and other sectors of the national economy.
rcookie says():THEY HAVE BEEN WORKING WITH WORLD BANK ON RESTRUCTURING THE 192 SOE'S INCLUDING THE 2 SOB'S SINCE 2008....
_firefly_ says to Hutch():The heading isd enough to fall in line with what RC just posted :)
rcookie says():GREAT PERSPECTIVE FIRE...SHOWS YOU HOW THIS ACTION PLAN HAS BEEN DEVELOPED AND EXECUTED...
rcookie says():The Central Bank sold about $ 9 billion this year port
April 16, 2016 0 0 Economy/Baghdad
According to statistics of the Central Bank sold about $ 9 billion bank in Basra to sell foreign currency since the beginning of the year 2016.
The statistics suggest, according to the Bank's website that "the quantity sold to banks from 3 January 2016 until 14 April 2016, amounted to 8 billion, 952 million and 649 thousand and $ 344.
Such sales registered a rise of the same period last year, with date of 4/1/2015 until 14 April 2015, 8 billion and 272 million and 156 Alfa and $ 102, an increase of more than 680 million dollars.
These sales are over Iraq's imports of crude oil in the first three months of this year [k n II and February and March] 7 billion $ 402 million. LINK
_firefly_ says to rcookie():Absolutely !!!!!
rcookie says():SO....2015 AUCTION SALES AT $44 BILLION AND MANDATED IN INK FOR 2016 TO BE 50% OR $$22 BILLION...AND ALREADY AT $9 BILLION AS OF APRIL 14TH....GET A SENSE THE SPIGOTS ARE BEING TURNED OFF...
rcookie says():Customs seeks to abolish customs exemptions and obtained more than 53 billion dinars
Baghdad/range-wilko A high-level source in the customs body, on Friday, the Commission sought to abolish all customs exemptions because of the financial circumstances of the country, and among it made more than 53 billion dinars last month after the new customs tariff application, economists pointed to the need to implement a package of economic laws to increase non-oil resources of the country.
The source said in an interview with the (extent), the Commission seeks to abolish all customs exemptions in law No. 22 for the year 2010 through the use of the powers of the Ministry of finance ", stating that" the Commission considers that there is no justification for these exemptions under the current financial crisis experienced by Iraq. "
The source said on condition of anonymity that "KIA llkmark trying to invest the provisions of article 15 of the law on budget for 2016 that allowing government departments to run jointly with the private sector to develop the demarcation alkmarki transactions in ports".
And between "this command includes the provision of infrastructure such as hoisting scales and sophisticated sonar devices, computers and information systems in addition to the link between the port authority and the Ministry and this surely will reduce the employee's personal diligence margin considerably and thus reduce the chances of financial and administrative corruption."
He drew attention to the source of "revenue Commission reached during the month of March (fifty-three billion, six hundred and fifty million, six hundred and sixty-two thousand six hundred and ten dinars) after application of the customs tariff, adding that KIA llkmark detachments developed its cooperation with the security services in many fraud detection alkmarki".
The source said "through legal authorization given to the Commission by the authority in cooperation with the national security detachments set large depots belonging to known carriers of cargo in Baghdad", stating that "these companies use professional carriers with routes and wrapping by using methods of the old nismih with the objective of evading customs duties, and these stores were closed, NGO's until the official bond of the seized goods worth millions of dollars."
He was the Economic Adviser to the Prime Minister and the appearance of Mohammed Saleh, announced the establishment of a "fence" internal inspection and auditing alkmarki on goods flowing from Kurdistan and the rest of the border, said the fence will reduce customs tariff evasion, that it was too early to predict the size of revenue from the tariff are met.
Saleh said, Tuesday (23 February 2016), a (range), that "the Government has set up an internal fence inspection and auditing alkmarki goods at border ports", stating that "the fence post is examining the goods flowing from Kurdistan and the rest of the border to ascertain what paid from the funds of the customs tariff, and the conformity of the goods to the standards of the Central Organization for standardization and quality control."
Saleh stressed that "the fence will reduce problems with customs tariff evasion, returned to" it is too early to predict the size of revenue to meet the customs tariff ".
Said economist Mohammed Abdel Latif al-ANI said in an interview for "the range", "despite the development of the application of the law on customs tariffs over the past few months as a result of the financial crisis in the country, but the mechanisms are limited to now due to some logistical constraints".
He added that "no provision of theatres in most new border crossings because of clutter and increase in financial corruption by customs officials.
Al-Ani said "step by abolishing all customs exemptions are stimulating the local activation effect it imported during the previous years and contributes to increase the financial resources of the State which suffer from a shortage of funds the Governor."
rcookie says():The "increase the proportion of customs tariffs will gradually affect the prices of foodstuffs and consumer goods, but also helps not to import a large number of unnecessary materials and perfectionism that is considered an outlet for smuggling money out of the country."
"The Government's application for a package of economic laws, the Center will bring billions of dollars to the local market and the private sector which is an important partner in the management of national wealth for the country."
Iraqi ports Directorate were revealed, (29 January 2016), a decline in commercial traffic and traffic ports after customs tariff law application in southern ports, and border management Directorate denied to score winning tariffs on the exits of the territory, rejected the Parliament's Finance Committee to comply with the traders and exempt from the law, to apply "fairness" as the general budget law.
The Iraqi Cabinet has decided, in the (13 December 2015), development of border points and holds adopted ensure that the customs tariff, and the development of standardized quality control points.
He was Prime Minister, Haydar Al-Abadi announced on Thursday (6 August 2015), the postponement of the new customs tariff work, upheavals to ensure readiness of border to apply away from the "corruption and double standards". LINK