Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday PM Chat 8-14-16 Part 1 of 3
rcookie says(): Iraqi President approves the execution of the perpetrators of the Spyker
Baghdad , August 14 (Petra) - President of the Republic Fuad Masum Sadek Sunday on all death sentences for the crime of Camp Speicher.
Information Office of the Presidency said in a statement that President infallible honest on all death sentences for the crime of Camp Speicher, which were approved by the Federal Court of Cassation.
He added that they are covered by a terrorist convicted of serious crimes claimed the lives of hundreds of innocent citizens in the Spyker base in 2014.
He explained that the decrees signed was sent to the executive branch in question for the purpose of implementation of these provisions by those convicted.
rcookie says(): Representative financial hosts representatives from central banks and International Monetary Fund
An economy Since 2016-08-14 at 14:26 (Baghdad time)
Baghdad scales news The parliamentary Finance Committee, hosted a Sunday, representative of the Iraqi Central Bank and a representative of the Office of financial supervision and General Manager of public debt, such as the World Bank and the International Monetary Fund and G7 donors to discuss facilities and loans granted to Iraq to support the federal budget
Chairman's statement said Deputy Mohammed Al-halbusi received/balance of news copy, "discussed a number of issues including promoting Iraqi imports to support Iraqi person calling take some steps that the interests of the citizen."
Members & statement "all stressed the need to review all actions taken in the past and that will strengthen public money and pushing for resource development and reduce costs for that past Iraq crisis affecting the economy and thus affect the social situation of Iraqi citizens."
Participants stressed the need for there to be a priority in support of important sectors such as health and education, displaced and provide job opportunities for low income and improve their living situation, "the statement said.
And the statement that "the meeting called for the need for reform and revolution of which go towards fighting corruption and eliminating the networks wasted public money and therefore Iraq will cross the economic crisis and the Iraqi citizen requirements." over 29/24
rcookie says():SO...A MEETING TODAY INCLUDING MEMBERS OF PARL FINANCE COMMITTEE..CBI REPRESENTATIVE...
AND WB & IMF D7 GM'S FINANCIAL SUPERVISION OF PUBLIC DEBT DISCUSSING RECENT LOANS TO IRAQ TO SUPPORT THE GENERAL BUDGET ZND PROMOTION OF IRAQI IMPORTS TO SUPPORT IRAQ...
AND STEPS TO BE TAKEN TO STRENGTHEN PUBLIC MONEY AND FURTHERING COST REDUCTION ACTIONS TO POSITIVELY IMPACT IRAQI ECONOMY & SOCIAL SITUATION....
AND IN PARTICULAR SUPPORT KEY SECTORS LIKE HEALTH, EDUCATION, CARE FOR THE DISPLACES AND UNEMPLOYMENT...
CALLING FOR REFORM AND REVOLUTION TOWARD FIGHING CORRUPTION AND ELIMINATING THE SYSTEMIC WASTING OF PUBLIC MONEY...
rcookie says():Governor of the Central Bank on the Keywords
Keywords: Iraq's oil revenues are not able to cover the salaries of state employees
Author: HH Editor: AZ, HH 14.8.2016 16:37 Number of Views: 177
Long - Presse / Baghdad , said Governor of the Central Bank on the Keywords, said on Sunday that Iraq 's oil revenues are not able to state employees ' salaries to cover, and while noting grant loans for certain projects six trillion dinars for "stimulating economic reality," United Bank for Investment and called on the government to " cut government spending "and the imposition of taxes and fees.
he said on the Keywords in a speech during his participation economic symposium tender was held at the central bank, central Baghdad, and attended (range Press), that" Iraq front revenues of 95% derived from the export of oil and 5% of internal resources . " stressing that " the ideal situation is to equal domestic and foreign revenues."
He added Keywords, that " the sale of oil revenues , revenue is not stable and is able to salaries of state employees to cover , " noting that " the proportion of state revenues go to the expenses of oil companies, note that the Ministry of revenues Finance did not exceed a billion and a quarter a month, while the salaries of state employees amounting to four Trillions dinars a month. "
He called Keywords to" estimate the size of the problem to face the state of the economic difficulties, which requires consideration of the State combination on the basis of objectively true ,
"pointing out that" the bank Central has to deduct 13 trillion dinars treasury transfers and fired four trillion of reserves deposited with banks has to buy treasury transfers. " he said the central bank governor that" the bank lent some projects amounting to six trillion dinars to stimulate economic situation. "
For his part, the United Bank for Investment Director Abdul Rahman al - Sheikhli, that " the subject of salaries of government employees controlled completely and there is no fear."
He explained Shaykhli in an interview with (long - Presse), that " the problem of Iraq is the total oil - based , " and urged the government to "find alternatives to oil by cutting government spending and increasing the proportion of earnings through the impositio
rcookie says():ALAK STATES IN ECONOMIC SYMPOSIUM AT CBI IRAQ OIL REVENUES NOT CAPABLE OF COVERING STATE EMPLOYEE SALARIES...
AND NOTES LOANS OF 6 TRILLION IQD TO STIMULATE ECONOMY..AND NEED FOR FURTHER CUTS IN GOV'T SPENDING ALONG WITH COLLECTION OF GOV'T TAXES & FEES...
WHILE CLARIFYING THE SALARIES AMOUNTING TO 4 TRILLION DINARS PER MONTH AND OIL REVENUES AT 1.25 BILLION..
AND CBI NEED TO TAP 13 TRILLION DINARS IN TREASURY TRANSFERS AND DEPOSITING 4 TRILLION IN RESERVES IN BANKS TO TO BUY TREASURY TRANSFERS...
SHEIKHILI ASSERTS THE GOV'T SALARY SITUATION IS UNDER CONTROL..
rcookie says():"the absence of fiscal policy" and accused the institutions working for "political interests Baaaguetha"
Author: AR, ASJ, HH Editor: AR, HH 08.14.2016 10:57 Number of Views: 215
Long-Presse / Baghdad Approved the Governor of the Central Bank and the Agency on the Keywords, on Sunday, to "the absence of fiscal policy in Iraq," and stressed that it is managed on the everyday problems and social pressures and not drawn for the future ", and was charged with the institutions' work for political interests disability monetary policy in the country", he described the Iraqi budget as "backward."
He said on the Keywords in a speech during a seminar held in the bank building entitled (the Central Bank of Iraq and the way of economic reform in the near to medium term) and I attended, (long-Presse) that "the economic reform process in Iraq is still at the beginning of the first stage where we note that there are institutions built and establish political interests and note that it does not check the curriculum, who painted him, "stressing that" much Mangdaa facing economic reform strongly and are an obstacle to fiscal and monetary policy in Iraq. "
He Keywords that "Iraq needs a major reform of the financial policy and financial management, and the best proof there is the almost complete absence of fiscal policy, where today they are managed on a daily problems and starting points and cornerstones of the individual, society and the pillars social pressures do not draw the future financial policy."
He noted the central bank governor that "the Iraqi budget backward and not related financial programs and mature resources as they affect the financial stability," stressing "we are facing a great responsibility to address the financial crisis, where we continue to rely 95% on oil revenues and 5% of local revenues must therefore be thinking develop effective plans to address this crisis. "
The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions a day for buying and selling currencies.
rcookie says(): LINK
Baxter says():They have govt salaries of 4 Trillion a Month... and oil revenues at just 1.25 Billion? is that correct?
1bobby says to Baxter):I was thinking the same thing. Could it be the 1.25B is petro dollars (US)
Baxter says():even so... thats still only 1.25 trillion dinars.... a long ways from 4 trillion
1bobby says():yeah just makes it look better lol
Baxter says():Oh well.. see ya later
1bobby says():actually it's 1.4T but still a spread. Take care
Babe says():that's a big spread
1bobby says to Babe():Not managable for sure IMO. Big government always bites ya in da booty
Abby says():sounds like they need to take a pay cut
Abby says():but they are taking lesons from our government
1bobby says to Abby():Good point. I was under the assumption they were "asked" to cut government salaries by the Big People. Maybe they are still working it
rcookie says():Peshmerga announce the start of an operation against "Daash" south of Mosul and the killing of 120 members of the organization
MIDDLE EAST Last updated since 18 minutes. Erbil, Iraq (CNN) - Iraq 's Kurdistan region announced authorities, Sunday, that the peshmerga forces launched a military operation against al "Daash" south of the city of Mosul in Nineveh province, killing 120 and elements of the organization.
Said Sirwan Barzani , one of the leaders peshmerga forces, for Cnn, that Kurdish forces launched a new offensive against the "Daash" south of Mosul, and regained control of some villages from the grip of regulation.
He added that the Kurdish Peshmerga forces had regained control of seven villages and killed 120 element of "Daash," he explained that the aim of the operation was to liberate areas around Mosul with the approach of the city.
For his part, spokesman for the Kurdistan Regional Government Sven Dzia, in a statement posted on the government website, "We are proud of the triumphs of the Peshmerga forces today on the battlefield in a pivotal Khazar and Coeur, the peshmerga forces and remains, the most influential forces in the war against terrorists Daash ".
subgirl says to 1bobby():(y) Kurdish Peshmerga forces had regained control of seven villages and killed 120 element of "Daash,"
subgirl says to 1bobby():They are working hard!!!
subgirl says to rcookie():Good afternoon :)
1bobby says():Totally agree. While we may be concentrating on a single issue, everything else is moving at light speed
subgirl says to 1bobby():yes Indeed!! :) (v)
subgirl says to 1bobby():I saw even today they were working hard moving forward...
jimplants says():calling for a revolution against corruption and waisting public money! they snuck that one by us