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Iraq an economic Study

 
Ohio chic

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07/12/2017 03:33 PM
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Abadi confirms the government’s orientation of the economy and the Council of Ministers approved the invitation of companies to implement the port of Faw





Abadi stressed "not to allow the return of sectarian and inflammatory rhetoric, calling the speech Aldaasha, calling on the world not to tolerate terrorists , " he said . " We must not Evelt any terrorist punishment and will not issue an amnesty for terrorist killers."

He stressed that " the future our approach should be focused on economic and development side, which is the educational foundation for the renaissance of the state and society, and the need to fight corruption , which has hurt the state and society, and to activate the law."

Abadi and saluted "all efforts in support of the battle and all put the right word and shares its place to achieve victory, and emphasis was placed on the liberalization move all Iraqi territory and a plan to restore stability and displaced persons and services for the liberated areas."

As alive cabinet effort of relief and large humanitarian response in the care of the displaced and the provision of appropriate camps for about one million displaced people, "adding that" this government effort Iraqi was despite weak global contributions compared to the size of the challenges and the humanitarian needs enormous. "

Discussed the Council of Ministers in its meeting today "draft resolutions prepared for his agenda, and agreed to exclude a piece of residential land numbered 2/200 District 15 Aldhnh belonging to the integrity of the proceedings public auction for the purpose possessed to the staff of the integrity Commission."

the cabinet approved the "proposed amendment first of the law is Yale political parties , No. 36 of the year 2015 submitted by the House of Representatives taking the observations of the Council of Ministers, in addition to the approval of the loan agreement with the Japan International Cooperation Agency aimed at encouraging the development economy, and to authorize the Deputy Minister of Finance to sign the Hartha electrical project with the Japanese side. "

The President of the Council of Ministers " to negotiate with the company Hanwha harlow] towards reducing the wages of marketing and management service apartments new Basmajh residential and raise as a result of the negotiation of the Council of Ministers."

the Council decided "part of the piece of land sale in the Utaifiyya region Foundation eye social welfare without allowance."

He acknowledged " a memorandum of understanding with the US side for the processing of wheat, the Council also approved the establishment of the Ministry of Commerce to negotiate, contracting and procurement for the processing of the subjects of rice and wheat for the benefit of the ration card."

The Council of Ministers agreed "to increase the provision for the tanker project lines for water Basra , the loan amount, also approved the Council of Ministers to invite companies to submit bids for the project port of Faw through investment."

[link to www.alliraqnews.com]
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Revbo™Moderator
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Re: Iraq an economic Study
The dinar just gained 18 dinars per dollar in the last 24 hours.



The dollar is the fastest decline against the dinar in months

The exchange rate of the dollar fell to more than one thousand dinars in local markets, on Wednesday (July 12, 2017).

Kifah Stock Exchange – Baghdad 124,000, while prices were yesterday for Tuesday 125.800.

Selling and buying prices in banking

The sale price of the dollar = 124,500 dinars.

The purchase price of the dollar = 123,500 dinars

[link to en.economiciraq.com]



Last Edited by Revbo™ on 07/12/2017 05:39 PM
way2wyrd

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07/12/2017 05:36 PM

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Wonder of Iragi oil reaches Poland and those countries that have to depend on Russian oil. Iraq needs to boost their economy. US should help them in that fashion. Also US should stick around in Iraq! Don't let a take over happen again!
 Quoting: calin


Speak of the Devil..tounge

Welcome back Calin hf

2 years wow it been that long since you last posted.

Hope you and yours are well Calin.

nid1
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Re: Iraq an economic Study
Wonder of Iragi oil reaches Poland and those countries that have to depend on Russian oil. Iraq needs to boost their economy. US should help them in that fashion. Also US should stick around in Iraq! Don't let a take over happen again!
 Quoting: calin


Speak of the Devil..tounge

Welcome back Calin hf

2 years wow it been that long since you last posted.

Hope you and yours are well Calin.

nid1
 Quoting: way2wyrd


Welcome back, calin! dasbier
G3
G3

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07/12/2017 06:01 PM

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The dinar just gained 18 dinars per dollar in the last 24 hours.



The dollar is the fastest decline against the dinar in months

The exchange rate of the dollar fell to more than one thousand dinars in local markets, on Wednesday (July 12, 2017).

Kifah Stock Exchange – Baghdad 124,000, while prices were yesterday for Tuesday 125.800.

Selling and buying prices in banking

The sale price of the dollar = 124,500 dinars.

The purchase price of the dollar = 123,500 dinars

[link to en.economiciraq.com]


 Quoting: Revbo™


near

5a
Anonymous Coward
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07/12/2017 07:47 PM
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Ive seen that puc before. On dean clifords site
Ohio chic

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07/13/2017 08:45 AM
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Re: Iraq an economic Study
of Iraq signed a contract with the company “General Electric” to invest in gas fields

[link to www.shafaaq.com]
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Ohio chic

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[New post] America went to invite the Association of private banks to participate banking conference in New York Arab American

The Union of Arab Banks will organize the largest Arab banking gathering - US in New York, at the headquarters of the Central Bank of the US Federal, on October 16, 2017 with the establishment of a gala dinner in the presence of a bank 500, in cooperation with the "ABANA" (the Arab Bankers Association of North America).

[link to search4dinar.wordpress.com (secure)]
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Ohio chic

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07/13/2017 09:29 AM
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The dollar is witnessing the fastest decline in the dinar against the months since the decline in the dollar exchange rate for more than one thousand dinars in local markets, on Wednesday (July 12th 2017).

[link to www.almadapaper.net]
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Ohio chic

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Central Bank announces support for the state treasury to “20” trillion dinars

[link to economy-news.net]
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Ohio chic

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Re: Iraq an economic Study
US pledged an additional $ 119 million to help Iraq

" the United States last week announced the allocation of $ 150 million for programs that stability, and today we announce the allocation of more than $ 119 million for humanitarian aid and additional hope to see similar contributions from our partners in this room in the coming weeks" .anthy
[link to alforatnews.com]
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[link to www.alsumaria.tv]

Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul

Alsumaria News / Baghdad
told Nofal Abu Barns adviser to Prime Minister Haider al - Abadi, Thursday, microcosm of a meeting of the International Alliance at the headquarters of the US State Department, the need to benefit from the experience of Mosul , saying that the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago.

He said Abu Barns in a speech during the meeting , which followed the Sumerian News, " The liberation of Mosul represents a transition to a new Iraq point," noting that " the advisory opinion of the religious authority , Ayatollah Ali Sistani , a clear vision of Prime Minister Haider al - Abadi constituted the turning point."

He added that Abu Barns "Daesh and state Allowahmh ended, and we have to take advantage of the experience of Mosul , " pointing out that " a political victory in Mosul and not only militarily."

On the other hand, Abu Barns pointed out that "we have an economic reform plan presented by the Iraqi government , the World Bank a few days ago."

The commander of the armed forces Haider al - Abadi announced on Monday (July 10 2017), the liberation of the city of Mosul from the control of the entire organization "Daesh".
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[link to www.alsumaria.tv]

Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul

Alsumaria News / Baghdad
told Nofal Abu Barns adviser to Prime Minister Haider al - Abadi, Thursday, microcosm of a meeting of the International Alliance at the headquarters of the US State Department, the need to benefit from the experience of Mosul , saying that the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago.

He said Abu Barns in a speech during the meeting , which followed the Sumerian News, " The liberation of Mosul represents a transition to a new Iraq point," noting that " the advisory opinion of the religious authority , Ayatollah Ali Sistani , a clear vision of Prime Minister Haider al - Abadi constituted the turning point."

He added that Abu Barns "Daesh and state Allowahmh ended, and we have to take advantage of the experience of Mosul , " pointing out that " a political victory in Mosul and not only militarily."

On the other hand, Abu Barns pointed out that "we have an economic reform plan presented by the Iraqi government , the World Bank a few days ago."

The commander of the armed forces Haider al - Abadi announced on Monday (July 10 2017), the liberation of the city of Mosul from the control of the entire organization "Daesh".
 Quoting: Revbo™


I think we have reached the turning point. The article says they gave the World Bank the economic reform plan "a few days ago." That means it was either the same day or the day after Mosul was formally liberated. There is also language in this piece that indicates Mosul liberation is the precise moment they have been waiting on to make all these changes. With all this momentum, I don't see the World Bank sitting on this plan for long.

"The liberation of Mosul represents a transition to a new Iraq point"
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07/14/2017 09:29 AM
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[link to www.alsumaria.tv]

Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul

Alsumaria News / Baghdad
told Nofal Abu Barns adviser to Prime Minister Haider al - Abadi, Thursday, microcosm of a meeting of the International Alliance at the headquarters of the US State Department, the need to benefit from the experience of Mosul , saying that the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago.

He said Abu Barns in a speech during the meeting , which followed the Sumerian News, " The liberation of Mosul represents a transition to a new Iraq point," noting that " the advisory opinion of the religious authority , Ayatollah Ali Sistani , a clear vision of Prime Minister Haider al - Abadi constituted the turning point."

He added that Abu Barns "Daesh and state Allowahmh ended, and we have to take advantage of the experience of Mosul , " pointing out that " a political victory in Mosul and not only militarily."

On the other hand, Abu Barns pointed out that "we have an economic reform plan presented by the Iraqi government , the World Bank a few days ago."

The commander of the armed forces Haider al - Abadi announced on Monday (July 10 2017), the liberation of the city of Mosul from the control of the entire organization "Daesh".


 Quoting: Revbo™


I think we have reached the turning point. The article says they gave the World Bank the economic reform plan "a few days ago." That means it was either the same day or the day after Mosul was formally liberated. There is also language in this piece that indicates Mosul liberation is the precise moment they have been waiting on to make all these changes. With all this momentum, I don't see the World Bank sitting on this plan for long.

"The liberation of Mosul represents a transition to a new Iraq point"
 Quoting: Revbo™


That sounds awesome Rev!
Ohio chic

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07/14/2017 01:02 PM
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Re: Iraq an economic Study
Iraq is preparing to launch Vision 2030 to develop its economy

14/07/2017



Baghdad:

The Director of the Office of the Prime Minister, Novell Abu Hassan Barns Friday that Iraq will be put next fall to see "Iraq 2030" to develop its economy in cooperation with international and local expertise.

Hassan said during his speech at the International Alliance Conference in Washington vassal "Economy News", that "on the medium and long term We work with international organizations, experts and specialists for the reconstruction and construction of all Iraq and move investment plans and economic and financial reform and anti-corruption file."

He added that "despite the preoccupation with the war, we continue to work with local and international experience of more than two years to prepare a comprehensive vision for the next decade will offer this fall is the vision of Iraq 2030".

[link to economy-news.net]
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07/16/2017 03:09 AM
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Iraq is preparing to launch Vision 2030 to develop its economy

14/07/2017
sounds good...just bouncing in to say I'm watching...Calin good to see you dear....here we go...!!!
jetphyxr



Baghdad:

The Director of the Office of the Prime Minister, Novell Abu Hassan Barns Friday that Iraq will be put next fall to see "Iraq 2030" to develop its economy in cooperation with international and local expertise.

Hassan said during his speech at the International Alliance Conference in Washington vassal "Economy News", that "on the medium and long term We work with international organizations, experts and specialists for the reconstruction and construction of all Iraq and move investment plans and economic and financial reform and anti-corruption file."

He added that "despite the preoccupation with the war, we continue to work with local and international experience of more than two years to prepare a comprehensive vision for the next decade will offer this fall is the vision of Iraq 2030".

[link to economy-news.net]
 Quoting: Ohio chic
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Governor of the Central Bank: We seek to balance the sale of the dollar and maintain it



16 July 2017 - 11:19

Economy and business

Alsumaria News Details Back

Governor of ...

Alsumaria News / Baghdad

The governor of the Central Bank, Sunday, the bank's quest to achieve a balance between the sale of dollars and maintain it, indicating that the balance away from the margin of speculation and achieve significant profits.
Al-Alak said in an interview with Alsumaria News that "the bank seeks to balance the sale of the dollar and maintain it," noting that "the balance in foreign currency as sufficient as in previous years there is no margin and field of speculation and achieve large profits."
"Iraq is going through extraordinary circumstances because of the drop in oil prices significantly, which makes the central bank's policy to two options either to respond to the dollar to eliminate the margins and this will be at the expense of reducing the reserves of foreign currency or sell the sale and accept the margin of exchange rate rise, "The bank seeks to balance the two goals."



[link to www.alsumaria.tv]
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Ohio chic

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07/16/2017 09:19 AM
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Central Bank announces maintain its independence after foreign control over the price of the dollar

the central bank's budget represents the balance of the monetary base, which local has become assets of the credit is equal to or greater than assets foreign and this is threatening the ability to extra lending. "
Dagher warned "there is a significant threat to the monetary reality is foreign assets that represent the original in the creation of assets and reserves dinar," noting that "local assets has become a big pressure should stop because the central device towards them is unable to continuity."
Among Dagher that "the solution is to reform the reality of the border crossing points, which the government stopped shining in its implementation, because the border port settings means adjust the currency and information selling and financing import window," adding that "the investment budget stalled three years ago, the inability of ministries to provide investment projects level the feasibility study for the benefit of foreign loans because of the lack of institutional controls in the country. "
[link to economy-news.net]
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Ohio chic

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of Iraq calls on Britain to contribute to the opening of the headquarters of the International Monetary Fund , the IMF in Baghdad

Jaafari expressed during the meeting, Iraq is looking forward to support Britain in the opening of the headquarters of the International Monetary Fund, the IMF in Baghdad, and a meeting of the Iraqi Business Council British during the coming period to increase trade and investment cooperation between Baghdad and London.

[link to www.shafaaq.com]
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07/16/2017 09:21 AM

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Re: Iraq an economic Study
Thanks, OC. Sounds like he's saying they can either keep the auctions going and watch their reserves decline, or float the dinar and see what happens. I vote option B.
Ohio chic

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Thanks, OC. Sounds like he's saying they can either keep the auctions going and watch their reserves decline, or float the dinar and see what happens. I vote option B.
 Quoting: Revbo™


You are welcome and I agree with what you said.

I hope something is just awaiting the thumbs up
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Re: Iraq an economic Study
Can't post the link, but this is a big piece. They've been poor mouthing their reserves for a long time. All of the news on their coverage of their money supply, even when reserves were $80 billion, had the coverage at 1.5-2 times.



"The spokesman for the Bank, Acer Jabbar told the agency," Information "," Iraq and despite the decline in international oil prices over the past three years, but the central bank was the first supporter of the Iraqi economy and provided funds to conduct the affairs of the country, "asserting that" Iraq now has a cash reserve from Hard currency exceeds three times the mass of cash at home and this is reassuring. "
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Re: Iraq an economic Study
CBI website is down. They say hacked on DV, but I don't know, for a fact, that it's been hacked.
Ohio chic

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CBI website is down. They say hacked on DV, but I don't know, for a fact, that it's been hacked.
 Quoting: Revbo™


Dv doesn't know either.

Time will tell
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Ohio chic

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Can't post link


Saleh: The Iraqi dinar is stable and there is no collapse fears against foreign currencies


Saleh: The Iraqi dinar is stable and there is no collapse fears against foreign currencies
Confirmed Prime Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh , the stability of the Iraqi dinar exchange rate against foreign currencies and there are no fears of deterioration in value.
Saleh said in a press statement that some seek to reduce the Iraqi currency against foreign currencies for profit only, and on the external debt and borrowing Mohammed Saleh pointed out that internal and external borrowing to finance the budget deficit is a process that is not contractionary , as some claim it is a motivational process and expansive fight deflation do not affect the Iraqi economy.
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Ohio chic

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We are Stabilizing IQD Exchange Rate without a space for Speculation: CBI Governor



On Sunday, the Governor of Iraqi Central Bank issued a statement that main objective of CBI is to stabilize the balance between the sale of U.S dollar and demand in the domestic markets. He also added that the sustainability shouldn’t be considered an edge of speculation and huge profits. The Governor of CBI delivered his words in a press interview with Alsumaria News and indicated that the Bank is looking to maintain a balance between the sales of U.S dollar and to keep it stable. He pointed out that the balance of foreign currency has become strong in the past couple of years and there isn’t any kind of space for speculation and huge profits. He added that Iraq has been experiencing some exceptional circumstances and a significant amount of decline in the global oil prices was considered one of the major reasons behind the economic and financial crisis in the country.

He added that there were two choices in front of the policy of Iraqi Central Bank, whether to respond the U.S dollar to prevent the speculations. But, it would be more costly in the reduction of foreign currency reserves at the CBI due to the foreign currency sale process or accept a margin of increase in the U.S dollar exchange rate against the Iraqi dinar currency. He said that the Iraqi Central Bank was looking to maintain a balance between two objectives. He said that CBI was established as an independent bank under the law implemented on 6th March 2004. The Iraqi Central Bank is an independent body and responsible to maintain Iraqi dinar exchange rate and to implement its monetary policy. He added that the Central Bank of Iraq is also supervising 10 commercial banks, 16 Islamic banks, 26 waged banks, 19 foreign banks, 6 financial institutions and at least 31 financial conversion companies.

Last Edited by Ohio chic on 07/18/2017 05:54 AM
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The Ministry of Finance confirms the inclusion of all ministries and government advances

[link to economy-news.net]
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Re: Iraq an economic Study
New post]   Iraqi banks are looking with the US Treasury to open relations with foreign banks

She added that "dialogue session aimed at opening a new page of relations with foreign and specifically with US banks banks", indicating that "the committee formed under the chairmanship of the Central Bank of Mazen morning, and it was agreed to form a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent banks US specifically. "
She noted that "the Arab American banking conference will be held in New York on the sixteenth of the month of October next and Iraq will participate with a delegation senior banker," pointing out that "there is great confidence got between the Iraqi Association of private banks and the US Treasury."
On the other hand, Minister Plenipotentiary for Economic Affairs at the US embassy Larry Mimut said, during the meeting, "seen on the activities carried out by the Iraqi Association of private banks, including charity and human capacity development working in the banking sector through training, specifically in the fight against money laundering and terrorism financing file."
He pointed out that "the banking sector and one of the main reasons for the development of the Iraqi economy, and we will work with those who support it to develop and encourage Iraqi banks to open relations with the US private banks association."
He called Mimut private banks to "the need to find new ways to lend to small businesses because it contributes to the development of the relationship between banks and foreign companies that will lead to the development of relations with foreign banks," pointing out that "the US government can not impose anything on the private banks."

[link to economy-news.net]
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[link to www.alsumaria.tv]

Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul

Alsumaria News / Baghdad
told Nofal Abu Barns adviser to Prime Minister Haider al - Abadi, Thursday, microcosm of a meeting of the International Alliance at the headquarters of the US State Department, the need to benefit from the experience of Mosul , saying that the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago.

He said Abu Barns in a speech during the meeting , which followed the Sumerian News, " The liberation of Mosul represents a transition to a new Iraq point," noting that " the advisory opinion of the religious authority , Ayatollah Ali Sistani , a clear vision of Prime Minister Haider al - Abadi constituted the turning point."

He added that Abu Barns "Daesh and state Allowahmh ended, and we have to take advantage of the experience of Mosul , " pointing out that " a political victory in Mosul and not only militarily."

On the other hand, Abu Barns pointed out that "we have an economic reform plan presented by the Iraqi government , the World Bank a few days ago."

The commander of the armed forces Haider al - Abadi announced on Monday (July 10 2017), the liberation of the city of Mosul from the control of the entire organization "Daesh".
 Quoting: Revbo™


I think we have reached the turning point. The article says they gave the World Bank the economic reform plan "a few days ago." That means it was either the same day or the day after Mosul was formally liberated. There is also language in this piece that indicates Mosul liberation is the precise moment they have been waiting on to make all these changes. With all this momentum, I don't see the World Bank sitting on this plan for long.

"The liberation of Mosul represents a transition to a new Iraq point"
 Quoting: Revbo™


The World Bank responds. Took them 6 days.


World Bank to show Ebadi readiness to support the government's efforts and plans for economic reform


Baghdad today / Baghdad

Showed the World Bank, on Wednesday, its readiness to support the Iraqi government's efforts and plans for economic reform, as he emphasized Prime Minister Haider Abadi, the importance of cooperation with international efforts to speed up the related job creation program steps.

A statement by the Information Office of the Prime Minister, said that "Haidar Abadi, received in his office today, the regional director of the World Bank," noting that "the meeting saw the discussion of ways of initiatives for stability and reconstruction coordination."

The Regional Director of the World Bank, according to the statement "congratulated Ebadi and the liberation of Mosul victories," stressing "the readiness of the World Bank to help and support the Iraqi government's efforts and plans for economic reform and the promotion of reconstruction projects and the development of Iraqi cities."

The statement quoted Abadi, his emphasis on "the importance of cooperation with international efforts in support of Iraq, and accelerate the related job creation program steps, and stimulate the economy, and the return of displaced people to their homes."

[link to baghdadtoday.news]

Last Edited by Revbo™ on 07/19/2017 10:46 AM
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Re: Iraq an economic Study
You guys rich yet?


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