BLC Admin Tlm724 News & Comments 3-04-16 Part 2 of 2

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 BLC Admin Tlm724 News & Comments  3-04-16  Part 2 of 2
 
Expectations of a recovery of the Iraqi dinar again after the end of the war on Daash
Economy  Since 03/03/2016 21:20 pm (Baghdad time)   Translation balances News
 
It can not ignore the fact that Iraq is a big changes in the economy if the available investment opportunities and appropriate planning strategy to take advantage of its resources properly. 
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Iraq is on the verge Anfjarmen financial growth, which encouraged him to promote foreign investment in infrastructure, oil and manufacturing, this is what you go to him Wall Street Journal, the US, and provides a quick inventory of factors to achieve this, including that "Iraq is a country of over 30 million people with the active workforce and education as well, which is a very attractive country for foreign investors and can attract Iraqi companies, foreign investors' willingness to open a huge investment projects. "

​Despite the announcement by US President Barack Obama to end military operations in Iraq it may take some time before the country reaches a stable and peaceful situation.
 
The paper says that "in spite of all these facts, we can not ignore the fact that Iraq's solid state resources if placed under the authority of the administration to create investment opportunities and enormous changes occurring in the economy."
 
And it stresses that "with economic development in a very short time when Iraq becomes one of the world powers."
 
And it draws out that "the Iraqi government has taken several critical steps to boost the economy in Iraq, such as the government seeks to reduce the inflation rate from 19% to 6%."
 
And it suggests that the "government of supply and demand equation for funding opportunities in the local market, where the Iraqi government has carried out several contracts with international companies to increase oil production, is expected until the end of 2020, oil production up to the level of 10 million barrels per day."
 
Also it notes that "by this date, it is expected that Iraq will be one of the largest suppliers of oil."
 
He says Iraq may become a timely manner, "the state's largest supplier after Saudi Arabia and Russia," but she pawned it to "the stability of the current oil prices."
 
He believes that this "will move significantly the revenues from Iraqi oil which is actually good marks for the developments of the Iraqi economy."
 
Health and find that "despite the fact that the increase in the value of the Iraqi dinar is still weak, it is still surprising a small increase but are continuing in the value of the Iraqi dinar, despite the economic recession all over the world."
 
And explains that "at the present time, locally traded Iraqi dinar only, and not in all parts of the world. It is likely to remain in this situation for a long time, depending on the ability of the country's importation, and assess the level of consumption to ensure the preservation of the welfare of the Iraqi state,"
 
noting that " currently the actual determination of foreign currency and actually depends precisely on the ability of the state in the completion of raising oil exports and the way they will try to organize the use of oil within the state. "
 
It cautions that "most of the foreign exchange earnings of Iraq has nothing to do with the Iraqi dinar directly because everything is usually purchased in US dollars."
 
The newspaper expects a recovery of Iraqi currency after the end of the war with Daash he says it will be stronger after the federal government control over the vast supply of natural resources revenues.LINK
  
[tlm724] can not ignore the fact that Iraq is a big changes in the economy if the available investment opportunities and appropriate planning strategy to take advantage of its resources properly.
 
[tlm724] indeed !
 
[tlm724] "Iraq is a country of over 30 million people with the active workforce and education as well, which is a very attractive country for foreign investors and can attract Iraqi companies, foreign investors' willingness to open a huge investment projects.
 
[tlm724] so despite the problems we can not ignore the fact that Iraq's solid state resources
 
[tlm724] they have it all !
 
[tlm724] it stresses that "with economic development in a very short time when Iraq becomes one of the world powers."
 
[tlm724] *mission*
 
[tlm724] the government seeks to reduce the inflation rate from 19% to 6%
 
[tlm724] is expected until the end of 2020, oil production up to the level of 10 million barrels per day." *wolfwhistle*
 
[tlm724] that this "will move significantly the revenues from Iraqi oil which is actually good marks for the developments of the Iraqi economy."
 
[tlm724] despite the fact that the increase in the value of the Iraqi dinar is still weak, it is still surprising a small increase but are continuing in the value of the Iraqi dinar, despite the economic recession all over the world."
 
[tlm724] " And explains that "at the present time, locally traded Iraqi dinar only, and not in all parts of the world.
 
[tlm724] It is likely to remain in this situation for a long time, depending on the ability of the country's importation, and assess the level of consumption to ensure the preservation of the welfare of the Iraqi state,"
 
[cstacy] no more dollars?
 
[tlm724] cstacy still dollars til they get striagthened out
 
[tlm724] locally traded Iraqi dinar only
 
[tlm724] they need to ramp up production, impose taxes across the board and begin to export
 
[tlm724] less importing
 
[tlm724] noting that " currently the actual determination of foreign currency and actually depends precisely on the ability of the state in the completion of raising oil exports and the way they will try to organize the use of oil within the state
 
[cstacy] tlm724 thanks
 
[tlm724] they need organization in the oil sector but they must exploit their other sources of revenue along with that and quick like a bunny !
 
[tlm724] " It cautions that "most of the foreign exchange earnings of Iraq has nothing to do with the Iraqi dinar directly because everything is usually purchased in US dollars."
 
[tlm724] gotta get rid of the dollar
 
[cstacy] great
 
[tlm724] The newspaper expects a recovery of Iraqi currency after the end of the war with Daash he says it will be stronger after the federal government control over the vast supply of natural resources revenues.
 
[tlm724] I can't speak to the timing of this but I will say that Iraq has the potential and when the dinar reflects Iraq's wealth it will be powerful !!!
http://ift.tt/1TYzJ1d
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the central bank recorded a significant decline in sales Thursday   The central bank recorded a significant decline in sales Thursday
                   
 March 4, 2016 8:53
 
CBI reported sales, on Thursday, a significant decline since reached a sale of $ 86 million at the end of the weekly auction of foreign currency, with the participation of 26 banks and 16 financial transfer company.
 
According to a statement of the bank, Tlqtokallh news pratha copy of it, that " the amount sold by dollar volume, today, reached 86 million, 600 thousand dollars at 1182 dinars exchange rate against the dollar, and with the participation of 26 banks and 16 companies for the fiscal transfer."
 
He explained that " the size of the sums remittances and credits amounted to 76 million and 750 thousand dollars, while the quantity sold in cash 9 million, and 850 thousand dollars, "noting that" the amounts transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar . . "
 
the central bank, had sold yesterday, more than $ 110 million in the auction for the sale of foreign currency          http://ift.tt/1QRFNTY
 
 
[tlm724] getting lower and lower and I think it's because it's being monitored finally ! The corrupt are getting froggy
 
http://ift.tt/1TYzGTk
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Legal representative: the results on the general amnesty law would be announced next week 
 
March 4, 2016 8:42   Chairman of the Parliamentary Legal Committee Muhsin al-Sadoun said near Easter good results on the general amnesty law.
 
Sadoun said in a press statement, that "there are meetings and discussions with the parliament speaker Salim al-Jubouri, directly, and the Legal continuing discussions throughout these days, there are positive results will be announced on the law in the next week."
 
He explained that "the law is linked to the political and security situation in the country, as well as within the framework of national reconciliation, but what is happening today from security breaches in the country requires careful for the issuance of this law, which must be approved in a timely manner that there will be admissibility for approval    http://ift.tt/1QRFPvd
 
 
 [tlm724] "the law is linked to the political and security situation in the country, as well as within the framework of national reconciliation
 
[tlm724] not only that but it will be interesting to see how political immunity plays out with this
http://ift.tt/1TYzH9D

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