Parliamentary Economy: not behind the delay deletion of zeros stability
Bondlady: Parliamentary Economy: not behind the delay deletion of zeros stability
5/10/2015 0:00 BAGHDAD - Muhannad Abdul Wahab confirmed the parliamentary Economic Committee, that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency, saying that the central bank can not single-handedly accomplish this important project without the support of the government.
She said committee member Nora Albjara: "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications," noting that "no project application came for political and economic reasons."
confirmed the deputy in a statement the "morning" that " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency ".
~~~
Bondlady: Parliamentary Economy: not behind the delay deletion of zeros stability
5/10/2015 0:00 BAGHDAD - Muhannad Abdul Wahab confirmed the parliamentary Economic Committee, that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency, saying that the central bank can not single-handedly accomplish this important project without the support of the government.
She said committee member Nora Albjara: "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications," noting that "no project application came for political and economic reasons."
confirmed the deputy in a statement the "morning" that " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency ".
~~~
She was a member of the Economic Commission for regret "for not Cabinet vote at the time on the project, which caused the loss of an opportunity to achieve financial stability and to avoid the effects of high oil prices. "
and showed Albjara, that the project application now it's difficult in the absence of opportunities for political, economic and security stability,
noting that "the government has reached the vessels solutions to address Big money supply so resorted to issuing currency category 50 000 dinars to absorb inflation,
which will be issued effectively over the next few months, "adding that the new currency comes under the international standards."
In turn, confirmed member of the Committee of Economy and Investment parliamentary Charter Hamdi, that "the central bank does not can delete the zeros because of the economic situation is stable. "
said Hamidi said in a press statement: "The Committee of Economy and Investment parliamentary hosted the Governor of the Central Bank of Iraq on the Keywords, and discussed with him for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate."
she added Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars," indicating that "the bank for printing percent category thousand dinars to a later time."
She Hamidi that "the central bank can not delete the zeros because of the status quo and the unstable Iraqi economy, "the central farewell to" increase revenue that will provide cash and foreign currency, which eases the burden on the citizen. "
For its part, said a member of the Economic Committee Najiba Najib, "said the project full but start by non-specific because of the war against Daash."
She In a statement the "morning" that the central bank can not by itself accomplish this project because he is a specialist technical matters and the project requires full support from the government. "
http://ift.tt/1bIvSCK
[tlm724] Economic Committee, that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency,
[tlm724] saying that the central bank can not single-handedly accomplish this important project without the support of the government.
[tlm724] "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications,
[tlm724] uh huh they were ready as BondLady pointed out to us many times !
[tlm724] "no project application came for political and economic reasons."
[tlm724] thanks Maliki *slap*
[tlm724] " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency ".
[tlm724] see it should of and could of have happened !
[tlm724] regret "for not Cabinet vote at the time on the project, which caused the loss of an opportunity to achieve financial stability and to avoid the effects of high oil prices.
[tlm724] you see that ! They know it would have made all the difference in their economy ! It's not like they don't know ! And when this economic crisis hit them they would have had the revenue in place to handle it !
[tlm724] and yes it's all about the project to delete the zero's and add value to the dinar !
[tlm724] the government has reached the vessels solutions to address Big money supply so resorted to issuing currency category 50 000 dinars to absorb inflation, which will be issued effectively over the next few months,
[tlm724] resorted to issuing currency category 50 000 dinars to absorb inflation, which will be issued effectively over the next few months,
[tlm724] which will be issued effectively over the next few months
[tlm724] so they are going to issue OVER the next few months
[tlm724] of course the question still remains will it be a 50 or a 50,000 ? the language looks to be 50,000 but I am still am not 100% convinced of that ! I still think a 50 dinar note !
[tlm724] this is saying that this move will curb inflation, I don't buy that guys !
[shunshine] I don't get it at all. But just me
[tlm724] shunshine its ok I am struggling with it too lol
[shunshine] ty thought I was losing my mind lol
[tlm724] shunshine as well as the disparity in the exchange rate." she added Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars,
[tlm724] that makes no sense ! How can printing a 50,000 note fix the disparity in the exchange rate ! Someone smarter than me is going to have to explain that to me !
[shunshine] Don't see the need for printing money when everything is starting to go full electronic.
[tlm724] goes against the whole plan ! crazy
[shunshine] Agree printing more money doesn't fix a thing. jmo
Candidinar Is it POSSIBLE they could RV BEFORE the new 50K are issued?
Mcduff82 From Iraq anything is possible. Ths all could be misdirection
b2stepblue IMO........ I don't think we will see a 50,000 note that has 3 zeros....... I believe it will be a 50 note with a solid block after the #50 that runs to the corner of the paper....... If it is a 50,000 note...... then this ride is over.....and those that believe otherwise have signed on to the spin zone......
vaquero The whole world is against laundry money to the wrong people and Iraq doing just that. Money is going to the worlds enemy (Iran) Laws have to passed before the world will let our dinar have more value. Honestly what struggles is Iraq having.
Look at what the Gov't has been doing and producing more oil , but not stopping the smuggling of the money. That's the struggle they are having in the worlds eyes.
imo dinar will be valued when this struggle (money money laundry) is at least controlled. Fighting isis will only unity Iraq ,but not there yet even though they have come a long ways.
Unity will come when they direct their eyes to one enemy (isis) yet the smuggling of the money is going to this same enemy. Smuggling stop and revalue dinar. meanwhile three zeros is being delete.
Might need some in the streets hech 50k still is only worth less half a dollar. If brought in 50k will b deleted later too.
Irag struggles (as the world sees it) is the smuggling money they need to control or stop.
Controlled for Bible says Daniel 11:40 on dn that Iran (southern Kings) will rule Iraq and countries in area except Jordan morbites, amorites and edomites. Why Jordan ? Rev 12:12 on dn. lets be patient it will happen.
and showed Albjara, that the project application now it's difficult in the absence of opportunities for political, economic and security stability,
noting that "the government has reached the vessels solutions to address Big money supply so resorted to issuing currency category 50 000 dinars to absorb inflation,
which will be issued effectively over the next few months, "adding that the new currency comes under the international standards."
In turn, confirmed member of the Committee of Economy and Investment parliamentary Charter Hamdi, that "the central bank does not can delete the zeros because of the economic situation is stable. "
said Hamidi said in a press statement: "The Committee of Economy and Investment parliamentary hosted the Governor of the Central Bank of Iraq on the Keywords, and discussed with him for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate."
she added Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars," indicating that "the bank for printing percent category thousand dinars to a later time."
She Hamidi that "the central bank can not delete the zeros because of the status quo and the unstable Iraqi economy, "the central farewell to" increase revenue that will provide cash and foreign currency, which eases the burden on the citizen. "
For its part, said a member of the Economic Committee Najiba Najib, "said the project full but start by non-specific because of the war against Daash."
She In a statement the "morning" that the central bank can not by itself accomplish this project because he is a specialist technical matters and the project requires full support from the government. "
http://ift.tt/1bIvSCK
[tlm724] Economic Committee, that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency,
[tlm724] saying that the central bank can not single-handedly accomplish this important project without the support of the government.
[tlm724] "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications,
[tlm724] uh huh they were ready as BondLady pointed out to us many times !
[tlm724] "no project application came for political and economic reasons."
[tlm724] thanks Maliki *slap*
[tlm724] " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency ".
[tlm724] see it should of and could of have happened !
[tlm724] regret "for not Cabinet vote at the time on the project, which caused the loss of an opportunity to achieve financial stability and to avoid the effects of high oil prices.
[tlm724] you see that ! They know it would have made all the difference in their economy ! It's not like they don't know ! And when this economic crisis hit them they would have had the revenue in place to handle it !
[tlm724] and yes it's all about the project to delete the zero's and add value to the dinar !
[tlm724] the government has reached the vessels solutions to address Big money supply so resorted to issuing currency category 50 000 dinars to absorb inflation, which will be issued effectively over the next few months,
[tlm724] resorted to issuing currency category 50 000 dinars to absorb inflation, which will be issued effectively over the next few months,
[tlm724] which will be issued effectively over the next few months
[tlm724] so they are going to issue OVER the next few months
[tlm724] of course the question still remains will it be a 50 or a 50,000 ? the language looks to be 50,000 but I am still am not 100% convinced of that ! I still think a 50 dinar note !
[tlm724] this is saying that this move will curb inflation, I don't buy that guys !
[shunshine] I don't get it at all. But just me
[tlm724] shunshine its ok I am struggling with it too lol
[shunshine] ty thought I was losing my mind lol
[tlm724] shunshine as well as the disparity in the exchange rate." she added Hamidi that "Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars,
[tlm724] that makes no sense ! How can printing a 50,000 note fix the disparity in the exchange rate ! Someone smarter than me is going to have to explain that to me !
[shunshine] Don't see the need for printing money when everything is starting to go full electronic.
[tlm724] goes against the whole plan ! crazy
[shunshine] Agree printing more money doesn't fix a thing. jmo
Candidinar Is it POSSIBLE they could RV BEFORE the new 50K are issued?
Mcduff82 From Iraq anything is possible. Ths all could be misdirection
b2stepblue IMO........ I don't think we will see a 50,000 note that has 3 zeros....... I believe it will be a 50 note with a solid block after the #50 that runs to the corner of the paper....... If it is a 50,000 note...... then this ride is over.....and those that believe otherwise have signed on to the spin zone......
vaquero The whole world is against laundry money to the wrong people and Iraq doing just that. Money is going to the worlds enemy (Iran) Laws have to passed before the world will let our dinar have more value. Honestly what struggles is Iraq having.
Look at what the Gov't has been doing and producing more oil , but not stopping the smuggling of the money. That's the struggle they are having in the worlds eyes.
imo dinar will be valued when this struggle (money money laundry) is at least controlled. Fighting isis will only unity Iraq ,but not there yet even though they have come a long ways.
Unity will come when they direct their eyes to one enemy (isis) yet the smuggling of the money is going to this same enemy. Smuggling stop and revalue dinar. meanwhile three zeros is being delete.
Might need some in the streets hech 50k still is only worth less half a dollar. If brought in 50k will b deleted later too.
Irag struggles (as the world sees it) is the smuggling money they need to control or stop.
Controlled for Bible says Daniel 11:40 on dn that Iran (southern Kings) will rule Iraq and countries in area except Jordan morbites, amorites and edomites. Why Jordan ? Rev 12:12 on dn. lets be patient it will happen.
Candidinar OMG, Stephanie, I pray this is NOT the case!
tlm724 b2stepblue, IF IF IF they issue a 50,000 dinar note the ride is NOT over ! It will obviously mean Iraq is not quite ready. If you believe the ride will be over there are alot of people who would be glad to buy your dinar because you shouldn't be in this investment ! Learn to roll with the punches or get out !
Rocky launch of these large groups is to put the same amount of monthly money supply in the market but different categories, and not increase the original amount
Candidinar tlm724, I think your reply to me is RUDE! Only I will decide if I stay in this investment or sell my Dinars!
tlm724 candidinar, no it wasn't intended to be rude, consider it a reality check, an assessment to determine if one's circumstances or expectations conform to reality
Shredd To truly understand this speculation investment, you must know this is a long term play. If you did your homework and have read the majority of the articles the good folks here have posted, you should also know there is no evidence to support a large jump revalue of the rate.
The CBI has called the removal of the large notes as being "gradual". You should also have a good understanding of the great progress, both politically and economically, Iraq has seen in the past year.
Economic stability and security have been the key performance indicators that have kept a change in the monetary policy from happening. It will come but the release of a 50k note will tell the world Iraq has not grown up enough just yet. Getting out of this investment now means you've yet to understand this long term play.
b2stepblue Gradual YES but what price will it go live at first
therealbubbie " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 .. no comment!
http://ift.tt/1FfJCmq
tlm724 b2stepblue, IF IF IF they issue a 50,000 dinar note the ride is NOT over ! It will obviously mean Iraq is not quite ready. If you believe the ride will be over there are alot of people who would be glad to buy your dinar because you shouldn't be in this investment ! Learn to roll with the punches or get out !
Rocky launch of these large groups is to put the same amount of monthly money supply in the market but different categories, and not increase the original amount
Candidinar tlm724, I think your reply to me is RUDE! Only I will decide if I stay in this investment or sell my Dinars!
tlm724 candidinar, no it wasn't intended to be rude, consider it a reality check, an assessment to determine if one's circumstances or expectations conform to reality
Shredd To truly understand this speculation investment, you must know this is a long term play. If you did your homework and have read the majority of the articles the good folks here have posted, you should also know there is no evidence to support a large jump revalue of the rate.
The CBI has called the removal of the large notes as being "gradual". You should also have a good understanding of the great progress, both politically and economically, Iraq has seen in the past year.
Economic stability and security have been the key performance indicators that have kept a change in the monetary policy from happening. It will come but the release of a 50k note will tell the world Iraq has not grown up enough just yet. Getting out of this investment now means you've yet to understand this long term play.
b2stepblue Gradual YES but what price will it go live at first
therealbubbie " the most appropriate time that it was possible that the implemented project to delete the zeros of the currency is the year 2012 .. no comment!
http://ift.tt/1FfJCmq
via Dinar Recaps - Our Blog http://ift.tt/1FfJCms
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