BLC Admins Chat 06/19/2015 PART 1 OF 2
Prime Minister Dr. Haider Abadi presides over a meeting of the crisis cell
Mr. Prime Minister, Dr. Haidar al-Abbadi on Thursday chaired a meeting of the crisis cell was it examined the economic and financial situation.
The Prime Minister stressed the need for follow-up and address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
and the prosecution of factors no trouble getting to Aigturn the conditions of objectivity, as happened during the last days of the rise of a sudden is not justified, but was quickly brought under control.
agreed crisis cell on the proposal of the Central Bank of Iraq delete ratio of 8 percent, which represents income tax and Alcomerk which was added cash remittances.
~~~
Prime Minister Dr. Haider Abadi presides over a meeting of the crisis cell
Mr. Prime Minister, Dr. Haidar al-Abbadi on Thursday chaired a meeting of the crisis cell was it examined the economic and financial situation.
The Prime Minister stressed the need for follow-up and address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
and the prosecution of factors no trouble getting to Aigturn the conditions of objectivity, as happened during the last days of the rise of a sudden is not justified, but was quickly brought under control.
agreed crisis cell on the proposal of the Central Bank of Iraq delete ratio of 8 percent, which represents income tax and Alcomerk which was added cash remittances.
~~~
It was also during the meeting to discuss the oil agreement between the Federal and provincial government was emphasized on the need to abide by its terms to ensure receipt of the amount of oil planned from the province and pay the corresponding dues.
In turn Mr. Oil Minister offer relative improvement in oil production volumes and export volumes, which came as a result of improving the enabling environment and infrastructure for production and export.
Information Office of the Prime Minister 17 June 2015
http://ift.tt/1BtpZ90
[tlm724] some of the major players present at this meeting yesterday: PM Abadi, the oil minister, the CBI gov, Finance Minister and Saleh
[tlm724] lets see what they talked about
[tlm724] by the way this is not a news article it is a press release from the Prime Ministers site
[tlm724] PM Abadi put the hammer down here both on stopping the tax and customs fee's on the currency sales by the CBI and also that the Kurds will be paid for the oil they sending !
[tlm724] all great things !
[tlm724] this is why today the CBI is speaking out about removing the fee's
Governor of the Central Bank: The decision to cancel the duties and taxes on the purchase of the dollar exchange rate will be reduced significantly
History of edits:: 06/18/2015 nineteen past eleven p.m.
In turn Mr. Oil Minister offer relative improvement in oil production volumes and export volumes, which came as a result of improving the enabling environment and infrastructure for production and export.
Information Office of the Prime Minister 17 June 2015
http://ift.tt/1BtpZ90
[tlm724] some of the major players present at this meeting yesterday: PM Abadi, the oil minister, the CBI gov, Finance Minister and Saleh
[tlm724] lets see what they talked about
[tlm724] by the way this is not a news article it is a press release from the Prime Ministers site
[tlm724] PM Abadi put the hammer down here both on stopping the tax and customs fee's on the currency sales by the CBI and also that the Kurds will be paid for the oil they sending !
[tlm724] all great things !
[tlm724] this is why today the CBI is speaking out about removing the fee's
Governor of the Central Bank: The decision to cancel the duties and taxes on the purchase of the dollar exchange rate will be reduced significantly
History of edits:: 06/18/2015 nineteen past eleven p.m.
|
{Baghdad: Euphrates News} counting the Governor of the Central Bank and the Agency on the Keywords decision to cancel the duties,
taxes and other measures that it will reduce the dollar exchange rate significantly. |
According Keywords in a statement the agency {Euphrates News} received a copy of it on "The economic crisis cell met today under the chairmanship of Prime Minister Haider al-Abadi and approved the proposal of the Central Bank of Iraq delete customs and excise tax imposed on the purchase of the dollar, amounting to 8%."
He added that "the decision to cancel fees , taxes and other measures will reduce the dollar exchange significantly price. "
The prime minister Haider al-Abadi had stressed today during chaired by the crisis cell on the need to follow up and address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
and the prosecution of factors no trouble getting to Aigturn conditions objective, as happened during the last days of the sudden rise is not justified, but was quickly brought under control. "
The crisis has decided to approve the proposal of the Central Bank of Iraq delete ratio of 8 percent, which represents income taxes and Alcomerk which added to the cell remittances Alnkadih.anthy http://ift.tt/1Btq10D
[tlm724] Keywords decision to cancel the duties, taxes and other measures that it will reduce the dollar exchange rate significantly
[tlm724] approved the proposal of the Central Bank of Iraq delete customs and excise tax imposed on the purchase of the dollar, amounting to 8%.
[tlm724] so if they don't collect this tax then the price goes down and if they can control the other enities from taking their %'s it will reduce it even further
[tlm724] address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
[tlm724] as I said Abadi is putting the hammer down !
[tlm724] and the prosecution of factors no trouble getting to Aigturn conditions objective
[tlm724] so lets see if we can figure out what the CBI is doing to correct the spiral in prices
[tlm724] 1. remove the tax on the sale of dollar
[tlm724] 2. they are starting to auction dollars on Saturdays starting the 20th
[tlm724] 3. they have said that the sale of dollars should go through the state banks (Rasheed) instead of the private banks but that has not be verified
[tlm724] 4. they are increasing the sales of the dollar
[tlm724] it is obvious that they can and do have the ability to make adjustments to regulate the pricing in the market !
[tlm724] so why did they let it get out of control in the first place ?
any thoughts ?
[RCS1947] greed for one thing
[Crash] because they don't know what they are doing
[tlm724] RCS1947 Crash I agree with both of you and may be a few other reasons as well, a few off the top of my head besides what you both mentioned, lack of oversight by the CBI comes to mind also perhaps they did it to bring in dinars off the street after all the people were dumping them like hot potato's but that's just speculation on my part
[therealbubbie] or perhaps their just stupid !!
[tlm724] lol well theres that too bubbies
[tlm724] therealbubbie heres what crash said [Crash] because they don't know what they are doing
[therealbubbie] tlm724 and they don't !!
He added that "the decision to cancel fees , taxes and other measures will reduce the dollar exchange significantly price. "
The prime minister Haider al-Abadi had stressed today during chaired by the crisis cell on the need to follow up and address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
and the prosecution of factors no trouble getting to Aigturn conditions objective, as happened during the last days of the sudden rise is not justified, but was quickly brought under control. "
The crisis has decided to approve the proposal of the Central Bank of Iraq delete ratio of 8 percent, which represents income taxes and Alcomerk which added to the cell remittances Alnkadih.anthy http://ift.tt/1Btq10D
[tlm724] Keywords decision to cancel the duties, taxes and other measures that it will reduce the dollar exchange rate significantly
[tlm724] approved the proposal of the Central Bank of Iraq delete customs and excise tax imposed on the purchase of the dollar, amounting to 8%.
[tlm724] so if they don't collect this tax then the price goes down and if they can control the other enities from taking their %'s it will reduce it even further
[tlm724] address any problematic novel including in particular to maintain the dinar's exchange rate against the dollar in the domestic market,
[tlm724] as I said Abadi is putting the hammer down !
[tlm724] and the prosecution of factors no trouble getting to Aigturn conditions objective
[tlm724] so lets see if we can figure out what the CBI is doing to correct the spiral in prices
[tlm724] 1. remove the tax on the sale of dollar
[tlm724] 2. they are starting to auction dollars on Saturdays starting the 20th
[tlm724] 3. they have said that the sale of dollars should go through the state banks (Rasheed) instead of the private banks but that has not be verified
[tlm724] 4. they are increasing the sales of the dollar
[tlm724] it is obvious that they can and do have the ability to make adjustments to regulate the pricing in the market !
[tlm724] so why did they let it get out of control in the first place ?
any thoughts ?
[RCS1947] greed for one thing
[Crash] because they don't know what they are doing
[tlm724] RCS1947 Crash I agree with both of you and may be a few other reasons as well, a few off the top of my head besides what you both mentioned, lack of oversight by the CBI comes to mind also perhaps they did it to bring in dinars off the street after all the people were dumping them like hot potato's but that's just speculation on my part
[therealbubbie] or perhaps their just stupid !!
[tlm724] lol well theres that too bubbies
[tlm724] therealbubbie heres what crash said [Crash] because they don't know what they are doing
[therealbubbie] tlm724 and they don't !!
[tlm724] as I have said so many times before they started the currency reform but did it out of sequence now they are running around like the keystone cops trying to fix their stupid mistakes and as bubbies and I discussed at length yesterday they can move the rate
[tlm724] therealbubbie you wanna share what you said about it please
[therealbubbie] thats right they moved the market rate like that .. snaps my fingers ! ...
[tlm724] 48 hours !
[therealbubbie] 48 hrs and 700 pips !!
[tlm724] therealbubbie proves what to us ?
[therealbubbie] all with ISIS, no banking laws, no investment laws, no amnesty laws ... no laws .. yet they moved the rate over 700 pips in 48 hrs !
[tlm724] tell us about your experience before they set it at 1166 please
[therealbubbie] means if they want to move the rate, unpeg the dollar, float or RV what ever ... they can do it in a second ... but they refuse to do it . I've been in this for ten years .. and there was a time when the dinar started to move .. both the rate and the market price ... would move some times 70 pips in one day
[therealbubbie] untill it hit the first fixed rate of 1170 .. then they just stopped it ... but in that time you had a WAR going on .. no banking laws in fact no real banks .. no thought of investments .. not with a war going on .. but yet in that time .. they moved the rate and handed out the new notes that we hold today ...
[therealbubbie] fast foward to today .. they have a WAR going on with ISIS ... still no banking law, still no investment law .. and yet in 2 days they moved the market price over 700 pips .. !!
[tlm724] 2 days !
[therealbubbie] what does that tell you ... it tell's me that they can do it anytime they want ... but they don't ... WHY? and please don't tell me well their waiting for the country to be stable .... it's not stable and they moved the rate .. !! and it was pretty stable after the surge
[tlm724] members please feel free to comment
Comments may be made at the end of Part 2 Thank You
[tlm724] therealbubbie you wanna share what you said about it please
[therealbubbie] thats right they moved the market rate like that .. snaps my fingers ! ...
[tlm724] 48 hours !
[therealbubbie] 48 hrs and 700 pips !!
[tlm724] therealbubbie proves what to us ?
[therealbubbie] all with ISIS, no banking laws, no investment laws, no amnesty laws ... no laws .. yet they moved the rate over 700 pips in 48 hrs !
[tlm724] tell us about your experience before they set it at 1166 please
[therealbubbie] means if they want to move the rate, unpeg the dollar, float or RV what ever ... they can do it in a second ... but they refuse to do it . I've been in this for ten years .. and there was a time when the dinar started to move .. both the rate and the market price ... would move some times 70 pips in one day
[therealbubbie] untill it hit the first fixed rate of 1170 .. then they just stopped it ... but in that time you had a WAR going on .. no banking laws in fact no real banks .. no thought of investments .. not with a war going on .. but yet in that time .. they moved the rate and handed out the new notes that we hold today ...
[therealbubbie] fast foward to today .. they have a WAR going on with ISIS ... still no banking law, still no investment law .. and yet in 2 days they moved the market price over 700 pips .. !!
[tlm724] 2 days !
[therealbubbie] what does that tell you ... it tell's me that they can do it anytime they want ... but they don't ... WHY? and please don't tell me well their waiting for the country to be stable .... it's not stable and they moved the rate .. !! and it was pretty stable after the surge
[tlm724] members please feel free to comment
Comments may be made at the end of Part 2 Thank You
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