DINAR UPDATES 4-20-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday Chat 4-20-16 Part 2 of 3
Number of remittance companies 22
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 107,133,283
subgirl says to rcookie():The Ministry indicated by the statement that "it is hoped that factories created by this loan will be in the provinces of Baghdad, Basra, Babil and Anbar and Dhi Qar. Construction and Housing Ministry!!!!! THAT IS BIG!
rcookie says():Federation of industries complain of delayed loans and high interest. The Central Bank plans to cut
2016/04/20 (00:10 mass start) - hits: 158 - number (3629)
The Iraqi Federation of industries, said Tuesday, the lack of industrial loans announced by the Central Bank until now, promised that interest rate imposed by the "high" and should "be zero", in the Economist revealed starting lending operations beginning next month.
The Union Chief said subeih, told the (range), that "any industrial loan not yet announced by the Central Bank of Iraq of sectoral banks, including the Industrial Bank, 33% of the total five trillion dinars, equivalent to nearly a billion and 300 million dollars", stating that "the Union is working on this subject since years, and that the Industrial Bank is still awaiting Central Bank raised forms that allow the insured to obtain those loans.
Sobeih attributed the causes of delayed release "loans" to fear some decision-makers from going to other places ", returned to" unreasonable to rely on such weak excuse, disables full strip while we should sacrifice to fix it ".
The head of the Iraqi Federation of industries said the amount allocated for the industrial sector can constitute a first step although not commensurate with the magnitude of the devastation after 2003, especially that between 80 to 90 percent of the plants and factories idle ", stating that" central bank interest of four percent on industrial loans, two percent and Industrial Bank.
Sobeih continued that "interest is high should be zero for the industrial sector in Iraq stalled for 13 years, and in difficult circumstances, as well as unfair competition affecting outcome flooding the domestic market with imported goods and non activate laws supporting domestic producer".
In turn, senior expert said SADI Bassem Jamil Anton, in an interview for "the range", "Central Bank Governor meeting on relations with renowned economists and money to discuss industrial loan mechanisms and overcome obstacles that impede purely process to investors."
"The meeting set score bug which notably routine mechanisms for the banking system and arbitrary conditions add to overestimate the rate of interest on the loan that put before industrialists to receive the loan.
Anton said that beginning next month will see the launch of lending to all sectors targeted are industrial, agricultural and housing through an electronic mechanism where pulling form bearing a certain code cannot be forged and belong to the same person without other ways to control corruption and extortion that may occur ".
The "industrial loan targeted industries including raw material industry Governor within a large number of products and textile industries and the food industry.
Anton stressed that "industrial loan represents one third of the total amount of 5 trillion dinars where the amount has been divided into three sections by target sectors (industrial, agricultural and residential) industrial sector accounted for nearly 1 billion and 600 million dinars".
For his part, a source in the Iraqi Central Bank "to reduce interest on loans for industrial support this vital sector."
The source, who asked not to be named, told the (term), "the Central Bank intends to reduce the interest rate on loans Industrial Bank", stating that "the resolution needs the approval of the Board of Directors of the Bank to take its legal form and become feasible."
Referred to as the Central Bank announced, in (last of 2015), launched an initiative to support the agricultural and industrial sector, banks and the real estate and Housing Fund loans amounted to five trillion dinars, to revive the economic situation and support for productive sectors. LINK
rcookie says():CBI LOWERING LOAN RATES TO INDUSTRIAL BANK.....A LOT OF LOAN ACTIVATION ACTIVITY FOR THIS MONTH......
tombo says():r cookie did they dismiss the parliment
rcookie says():Altercation between blocs of Maliki and al-Sadr to withdraw because of the sit-Parliamentary
: Political landscape sectionViews: 1061Published on: Today, 14:15
BAGHDAD / Sky Press: Areej al-Taie Altercation occurred, Wednesday, between the Liberal bloc and a coalition of state law, after the announcement of the Sadrist movement to withdraw immediately from the sit-parliamentary.
The reporter said, "Sky Press," "The altercation occurred between the State of Law coalition and the Liberal bloc after the recent withdrawal from the parliamentary sit-in."
He said the reporter, "The rule of law has accused the Liberal bloc has been handed ministerial posts in the new cabin therefore withdrew from the parliamentary sit in the House of Representatives."
He pointed out that "yesterday the Liberal bloc confirmed that it despite the vigil with the House of Representatives, but it's not with any block in the case has been detected spoilers of Representatives."
The cleric Moqtada al-Sadr's face, on Wednesday, to freeze the liberal bloc, while the House of Representatives called on to withdraw from the sit-in.
The political body of the Sadrist movement announced the immediate withdrawal of the protest, referring to the suspension of the Liberal bloc in the House of Representatives to the membership while providing cabins independent technocrats and announce it in the next session of parliament.
A number of members of the House of Representatives held a sit, Tuesday the (12 April 2016), inside the parliament hall to protest the second ministerial cabin given by the Prime Minister Haider al-Abadi, and adjourn the meeting without a resolution of the cabinet reshuffle, as demanded dissolution of the Presidium of the parliament.
Dinar Dave says to rcookie():FIGHT!!!!!
larrykn says():big problems in parliment wow
Dinar Dave says to subgirl():He stilll hasn't figured it out....lol
subgirl says to Dinar Dave():nope not yet lol
subgirl says to larrykn():look who's names are on the title... Altercation between blocs of Maliki and al-Sadr to withdraw because of the sit-Parliamentary
larrykn says():I read all that wow
larrykn says():looks like this is coming to an end real soon now
mrjazzman66 says():Bring in Delta force seems that may be the only way to get maliki and his goons..jmo
subgirl says to clay():to go with what rcookie just put up about M and Sadr... Text-Sadr statement after the end of the 72-hour period
A copy of the statement of the chest
The number of visits: 1408 Published on: 20/4/2016, 13:13 Published by: Joseph Chandler
The leader of the Sadrist movement, Muqtada al-Sadr, on Wednesday, the United Nations and the Organization of Islamic Cooperation, to intervene to correct the political process, take out the Iraqi people from the last of its crisis, as announced the freezing of the Liberal bloc in parliament, he stressed the importance of continuing the demonstrators and protesters in the revolution, "the Iraqi thoroughbreds"
subgirl says to clay():Sadr text of a statement, issued after the expiry of a 72-hour, three presidencies on ending the current political crisis, and the vote on the government of "independent technocrats".
Text of a statement chest
Still a lot of politicians are trying to twist the Iraqi popular revolution thoroughbreds on the track, which has a line, trying in various ways to convert parliamentary political disputes in order to keep the narrow gains or for retribution against those who are still third term.
clay says to subgirl():wow sounds great!
subgirl says to clay():So the parliamentary ongoing conflict under the dome and even outside it, has become negatively affect the prestige of the popular thoroughbreds of the Iraqi revolution which Aneptost from the womb of Iraq and its statesmen and its people in terms of a split parliament without reaching the required number in order to carry the desired reforms.
Some keep demanding quotas and political party gains a far cry from the real demands of the people and the other division became demanding reform fits with the political goals only revenge to reach its goal despicable.
clay says():maybe this will finally come to an end now
subgirl says to clay():wouldn't that be wonderful! :)
subgirl says to clay():Iraqi Popular Forces Control 3 ISIL Headquarters Northeast of Baquba
Wed Apr 20, 2016 3:46 TEHRAN (FNA)- Iraqi officials announced the seizure of three main headquarters the ISIL during a security operation Northeast of Baquba.
Member of Diyala Provincial Council, Karim Abdullah said in a statement obtained that al-Hashed al-Asha’ri militia of Jabour tribe, active in the area of Sharwin, Northeast of Baqubah, conducted an operation in coordination with the security forces, in al-Zour area and succeeded in seizing three main headquarters for ISIL, Iraqi News reported.
subgirl says to clay():The statement added, “The ISIL militants escaped and did not confront the raiding force.”
In a separate development on Wednesday, The Ramadi Governor, Ibrahim al-Awsaj, announced three mass graves containing the remains of 30 civilian and military personnel have been discovered in Southern Ramadi.
Awsaj said in a brief statement that the mass graves were found in the area of al-Mallab in Southern Ramadi,” noting that, “the graves included the remains of 30 persons, most of whom were military personnel along with some civilians, including two children.”
He also added that the graves were opened under the supervision of an investigating judge, while the dead bodies were transferred to the forensic medicine authority.
subgirl says to clay():Iraqi Popular Forces Control 3 ISIL Headquarters Northeast of Baquba
clay says():very cool
clay says():so sad they need to wipe them off this earth
subgirl says to clay():yes that part is def sad.. :(
larrykn says to clay():better them then us