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Dinar Updates Thursday PM Chat 7-14-16 Part 2 of 2
tman23 says():The military parade in Baghdad being adverstised as Victory Parade over Anbar Province is more of .......An intimidation and a way placing military throughout Baghdad to discourage the Friday protests....... "upsrising of the hungry"........who are threatening to overthrow the government.......
MrsBGG says to tman23():Do you have a link to the News you are bringing in or resource?
tman23 says():http://ekurd.net/iraq-holds-military-parade-2016-07-14 ........... The timing of the parade to the Friday demonstrations of the "uprising of the hungry" is quite a coincidence........ Everyone loves a parade !! Especially a military parade in the middle of the week.....
da58 says to tman23(): I posted an art the other day - of the M plan, from Iran, or while there.. to overthrow.. then read something somewhere yesterday they had selected the Ambassador to US as the interim, if this was successful.. 'Filly' or 'philly' I think was the dude's last name.. did I dream this? it's all very foggy..
Pablo says to tman23(): Do you think they'll make any headway in an overthrow attempt?
Pablo says(): Anyone know if Holly has had more contact with her contact?
jfd says():Looks like things are going to heat up if Sadr shows up with his million people.
da58 says():IMF: The Iraqi government will freeze the appointments with the reform of salaries and pricing of electricity The Iraqi government said in a note published by the International Monetary Fund on Thursday, "It will be applied to freeze the recruitment policy in most sectors and pension reform [salaries] and charging for electricity in order to increase revenue."
She added that "economic activity for Iraq shrank by 2.4 percent in 2015," expected "to grow by 10.3 percent in the current year."
The government, that "Iraq will cut spending in the non-oil budget in 2016 by 15 percent and Sestdan billions of dollars in light of falling oil prices more than expected."
The government said in a letter to the sender of the International Monetary Fund in June to apply for a loan under the demand that it "now expects to reduce the deficit to $ 4.9 billion in 2016 and then to $ 13.2 billion during the period 2017-2019."
She noted that "other sources of funding to fill this year's deficit may include loans worth more than two billion dollars from the World Bank participate in the guaranteed France, Britain, Canada and loans worth more than three billion dollars from the United States and other lenders."
The government also said the International Monetary Fund, according to the note that he is committed to "pay-out" of receivables overdue for international oil companies by the end of 2016, and estimated the arrears in the past year, billions of dollars.
The IMF agreed recently on loan demand, allowing Iraq to get first payment of $ 1.9 billion.
The government plans to withdraw from its foreign exchange reserves over the next few years to help support this funding, and expects that reserves fall to $ 31.5 billion in 2020 from $ 59 billion in October last year.
Holly1 says():Abeche today Dollar Iraqi Dinar To the Iraqi Central Bank
After greeting ..
After Tamimkm number 10250/9/9 On 06.29.2016 and the judge to provide all the entire archive company's sales dollar auction currency from 22.02.2015 until 30.06.2016
As this great archive , a long process of electronic typesetting time and paperwork needed and therefore urge you to Tmddoa period granted and that is not enough to accomplish this request
Through the best of our knowledge on this subject closely , we found that your application was born great pressure on workers in companies and you Super thanks and respect
Holly1 says():thought i would share ... back to work for me ..
Holly1 says to subgirl():I dont have a clue what the post above he is talking about means . sorry
Holly1 says to subgirl(): Ibrahim Marwan Alzohaily Hello, first I want to thank all the staff on the page for your efforts to clarify the exchange rate and informed public opinion on the influential factors on the change and the participation of all the books and decisions task, Is it possible to let us know how to see all the decisions and circulars issued by the Central Bank? Is there a particular page or site for the latest updates, with many thanks and appreciation
da58 says():Iraq and IMF: First and Second Reviews of the Staff-Monitored Program and Request for a Three-year Stand-By Arrangement-Press Release
da58 says():after that.. there is a press release that was posted today.. these questions asked are very interesting! and the answers.. too long to post..
http://www.imf.org/en/News/Articles/2016/07/12/14/31/NA071416-Iraq-Gets-IMF-Loan-to-Support-Economic-Stabilityda58 says():^^ it's a very easy read tho - easy to understand for anyone..
Iraqi dinars are exchanged for dollars at the busy Shorga market in Baghdad, Iraq: a key
priority in the new program is maintaining the exchange rate peg to the U.S. dollar, says IMF (photo: Sabah Arar/REX/Newscom)
magnetlady says):This is the first part of that article
magnetlady says(): Iraq Gets $5.34 Billion IMF Loan to Support Economic Stability
IMF News July 14, 2016
Iraqi economy faces double shock of lower oil prices, rising security challenges
IMF loan supports Iraqi government’s economic reform program, ensures debt sustainability
Program includes measures to protect the poor, curb corruption
The IMF has approved a three-year, $5.34 Billion loan for Iraq focused on implementing economic and financial policies to help the country cope with lower oil prices and ensure debt sustainability.
The loan will be provided under the Stand-By Arrangement facility and also includes measures to protect vulnerable populations—critical in a time of ongoing conflict, which has resulted in over 4 million internally displaced people.
The program builds upon the success of the recent Staff-Monitored Program, which the authorities started in November 2015 to address the double shock of ISIS attacks and the sharp drop in global oil prices, and will help close a financing gap of about $18 Billion.
Speaking to IMF News, Christian Josz, IMF mission chief for Iraq, explains the underlying reasons for the loan and the main goals of the IMF-supported program.
magnetlady says():questions and answers follow
flint says(): hmmmm the price of dinar has gone down. My daughter just bought dinar $991 for a million dinar. Not so long ago I paid $1052 for the same.
BGG says to flint():Good!! I plan on buying more SOON!!
flint says():lol me too
jeffusa says to BGG():I was hoping to be selling mine
watson1 says():with all the great news can you tell me why they just increase the vaue of the dinar ?? what do you think you they are waiting for ?
magnetlady says():don't know watson
magnetlady says():BGG said there will be a big call tomorrow night.
watson1 says to magnetlady():well if you dont know what i am to do .lol
watson1 says to magnetlady():i will not be able to sleep
BGG says to watson1():We just do research and share it as we are able.
BGG says to watson1():rest easy - this is a good investment.
watson1 says():i am just playing around
watson1 says):i am cool.
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