Aggiedad77: Great find Redd..(see article below) ...this has all the ear markings of a TA-DA moment I think.....your highlights supercharge what they are saying....Saleh is no clown and he would not go out on a limb stating things that he did not feel are shaky....
He is a facts and figures guy and presents them in a way they don't lie......conditions of the loan.....cutting spending.....increase non-oil revenues.....pay the oil companies.....things they are working with diligence to accomplish......green lights here Abadi and IMF....let 'er rip......
The government approved the MOU from the IMF two weeks ago.....old news.....so watch now for the meeting of the IMF Exec Board who will give the final approval for this loan process.....
Here's a thought process that no one has brought up yet I think.....maybe this loan approval by the Exec Board and the big announcement about Mosul.....maybe they will be timed to be simultaneous events....what do you think of that. Aloha Randy
ReddStarr: There you go....sounds like it's done to me....lol ..what do you think...
IMF approves first loan payments Iraqi!
Baghdad , Alaa al - Taie
Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, said that the end of this month, will see the Executive Board of the International Monetary Fund endorsement of the granting of financial loans to Iraq agreement, pointing out that such approval, come to dedicate a memorandum of understanding approved by the Iraqi government to start a batch the first of its total loan worth $ 5.4 billion, over three years.
Saleh revealed in an exclusive interview with the "morning" for " the Executive Board of the international Monetary Fund will hold a meeting the end of this June or the beginning of next July to approve the granting of loans to Iraq agreement and the start of the launch of the first batch of the loan amounting to $ 600 million, confirming the government's commitment to its steps for reform stable at the far vision to be the approach to the future.
the IMF agreed last May to give Iraq a loan of $ 5.4 billion over three years, but give Iraq that is conditioned implemented loan measures to cut spending and increase non - oil revenue and the payment of arrears to oil companies billions of dollars. "
Saleh added," the government has approved the measures in the memorandum of the initial agreement during a meeting held two weeks ago, and informed the international Monetary Fund so , "stressing that" the agreement goes according to planned .
" the government 's economic adviser said," it is scheduled to launch its first batch of the loan if approved by the Executive Council for the management of the fund by the end of June , and the Convention, and the rest over three years in conjunction with the required economic reforms, which include activation of taxes and fees , and improve the level of control banking to fight corruption and money laundering , »adding that« the reforms require tuning to work in state - owned companies and a review of government employees bloated salaries accounts to eliminate the phenomenon of granting the salaries of those who do not come to perform their jobs or earn more than salary ».
and Saleh stressed, that the IMF loan is required to maintain on social spending and the adoption of a mechanism for the disbursement of funds, identifying priorities, including the displaced file, and that it will continue spending without a deficit or find drainage projects due to the deficit, noting that other thing for social care that must include all eligible , without exception , according to the discussions that took place network in Amman ».
the spokesman said , the other thing is to keep the ration card and the salaries of the staff that will be embedded and fixed and there will be cuts again, pointing out that this matter will be the condition of the expansion of the appointments with the exception of medical and health and educational personnel, judges and the armed forces, as well as to be appointments quality ».
and between economic adviser, said the talks with the international Monetary Fund in Amman dealt with the preparation of government employees , which exceeded four million employees and three million retired» saying it «a burden on the state».
the new benefit emphasize the lack of «reduced functional salaries again, and that the promotions will continue »explaining that it provided the commitment ceiling of salaries and numbers of existing comes».
In a related context, Saleh revealed that «all oil accounts Receivable will be subject to audit by an external auditor every contracting payments that will be paid through bonds, amounting to 7.6 trillion» stressing that those amounts should be paid in accordance with the bonds of the Ministry of Finance and the request of the Fund, stressing determination to examine all of them before contracting exchange to ensure the integrity and authenticity.
Don961: A special trip to deliver a personal letter ... must be important information being passed along ... that couldn't be trusted to UPS or FEDEX……....IMO
Aggiedad77: Hi Don.....they still owe some $4 billion dollars to the Kuwaiti's.......my take on seeing Zebari as the pony express rider here is that maybe they are re-establishing how that might be paid when it comes due at the beginning of 2017 per the deferment agreement they established early last year I believe......
Or else Zebari is on a special mission for Abadi to secure who knows what with the KW's....it does have a rather important flair to it with Zebari being the letter carrier. Aloha Randy
Wednesday 22 June 2016 | 14:00
Emir of Kuwait received a second letter from al-Abadi in a month
Follow-up / ... peace and Finance Minister Hoshyar Zebari, during a visit to Kuwait, where he arrived on Wednesday, the Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah, a written message from Prime Minister Haider al-Abadi.
The Kuwait News Agency (KUNA) that "the new message on issues of mutual interest and the latest developments on the regional and international arenas."
This is the second message received by the emir of al-Abbadi, after he received a similar letter from him in the fifth month of June of this transfer and Defense Minister Khaled al-Obeidi
SunniDaze: ADMIN JUST CALLED AND WANTED ME TO POST THIS FOR HIM… MISINTERPRETED THE INFORMATION….
AGREEMENTS ARE SIGNED… COULD BE THE DAY FOR US FROM NOW TILL THE 30TH
SunniDaze: WE KNOW THERE ARE PEOPLE EXCHANGING SO LIKE I SAID WE WAIT OUR TURN AND EVERYDAY IT IS CLOSER
AdminBill: Morning intel: (Admiral Group agreement not signed?) No it has been signed however I do agree that although we are on status no one know specifically when we fund.
Turtle1: Sarah McClendon: "What will the people do if they e ver find out the truth about Iraq-gate and Iran con tra? George H.W. Bush: "Sarah, if the American people ev er find out what we have done, they will chase us down the streets and lynch us." 230 “If such a story gets out, we’ll all be hanging by our thumbs in front of the WhiteHouse....” 231
Greenspan Did It All On Purpose http://www.roadtoroota.com/public/1599.cfm
Bix Wier: I can't believe one of the greatest secrets of all time still lies virtually unnoticed by the world... GREENSPAN DID IT ALL ON PURPOSE!!! I have proven it in a hundred ways and yet people still don't get it.
Greenspan's Golden Secret http://www.roadtoroota.com/public/101.cfm
Greenspan's Golden Testimony http://www.roadtoroota.com/public/230.cfm
Starchild: BREXIT Leave is leading
Daystar: HERE IS SOMETHING TO CHEW ON: This is the world market census on the tensions surrounding the U.K. referendum to exit the European Union,
Wednesday Landa Global CC 6-22-16
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