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BondLady & Tlm724 News & Comments 6-3-16 Part 2 of 2
Zebari: Iraq plans to sell bonds two billion dollars
03/06/2016 11:50 | Direction Press / Agencies Finance Minister Hoshyar Zebari said that "Iraq expects to sell international bonds worth two billion dollars in the last quarter of this year, when the international aid begins to flow, it will help to reduce the cost of borrowing on Baghdad.
Zebari said in a press statement that "Iraq is a member of the Organization of Petroleum Exporting Countries" OPEC "expects to receive $ 600 million in September from the International Monetary Fund, the first of facilitating a $ 5.4 billion down payment where he is expected to get by Iraq from the fund over three years under the agreement was ready it was announced last month. "
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[Shredd] I think I read this in another article but this is a good sign. Selling debt (bonds) frees up capital, gives needed cashflow/reserves up front and reduces straight up borrowing
~~~
BondLady & Tlm724 News & Comments 6-3-16 Part 2 of 2
Zebari: Iraq plans to sell bonds two billion dollars
03/06/2016 11:50 | Direction Press / Agencies Finance Minister Hoshyar Zebari said that "Iraq expects to sell international bonds worth two billion dollars in the last quarter of this year, when the international aid begins to flow, it will help to reduce the cost of borrowing on Baghdad.
Zebari said in a press statement that "Iraq is a member of the Organization of Petroleum Exporting Countries" OPEC "expects to receive $ 600 million in September from the International Monetary Fund, the first of facilitating a $ 5.4 billion down payment where he is expected to get by Iraq from the fund over three years under the agreement was ready it was announced last month. "
http://ift.tt/1PaUVfJ
[Shredd] I think I read this in another article but this is a good sign. Selling debt (bonds) frees up capital, gives needed cashflow/reserves up front and reduces straight up borrowing
~~~
[Shredd] taking out a loan versus selling debt for investment
[Shredd] a great plan
[Shredd] and only possible if the other end of selling bonds is interested....the investor buying
[Shredd] and trusting in repayment
[Shredd] iraq has moved from a borrowing struggling country that ultimately received a great deal of forgiven debt by its allies to see them pull out of the ruins of the old regime to a country that is selling its debts with trust in their ability to repay
[cat] Shredd will they need a new rate with these bonds
[Shredd] no
[Shredd] terms are written in the debenture for repayment but no new rate needed
tlm724 Iraq plans to sell two billion dollars of international bonds
06/03/2016 10:51 Finance Minister Hoshyar Zebari said his country expects to sell international bonds worth two billion dollars in the last quarter of the year , when the international aid flow begins , as it will help reduce the cost of borrowing on Baghdad.
Zebari said in an interview with Reuters that the member state of the Organization of the Petroleum Exporting Countries ( OPEC) expects to receive $ 600 million in September from the international Monetary Fund , the first of facilitating a $ 5.4 billion down payment expected to be earned by Iraq from the fund over three years under the willing agreement was announced last month.
seeks Iraq to get international support after shrinking revenues due to the oil price collapse two years ago. The government relies on oil for 95 percent of their income.
The last time selling the Iraq international debt in 2006 tools when he issued bonds by about $ 2.7 billion for until the year 2028 a yield of 5.8 percent.
Said Kalta Moody 's and Fitch Ratings last month that Iraq 's agreement with the Fund international Monetary positive of the credit. And it gave Fitch rating
http://ift.tt/1X3pPhI
http://ift.tt/1PaUUsb
~~~~~~~~~~~~~~~
US Embassy: Developer development management program will ensure fair and transparent management of Iraqi funds
History of edits:: 6/2/2016 22:02 {Baghdad: Euphrates News} The US embassy said the new reforms for the management of Iraqi funds will assist in the supervision of the capital investment of the government's budget, worth 400 billion US dollars, adding that "the development of management software developer {IDMS} and the system updated signings will ensure fair and transparent management Iraqi funds. "
According to an embassy statement received by the agency {Euphrates News} a copy of it today , "the US ambassador to Iraq , Stuart Jones , with the participation of both the Minister of Planning Salman Jumaili and director of the Office of the Prime Minister Mahdi Keywords activities of the Ministry of Planning conference under the title" Development reform program in Iraq , "which was held on Thursday , June 2 Rashid Hotel in Baghdad.
the conference was attended by several members of the House of representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
" the conference celebrated the Iraqi government 's decision , which imposes the use of documents unified tenders for All government projects.
The conference also saw the launch of "development management software developer {IDMS} system and updated contracts" designed to achieve a more effective management of the government 's development projects as well as funded by donors in Iraq 's development projects.
This will be the key reforms crucial role in ensuring fair and transparent management of public funds. The process of improving economic asset management of the country 's vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens.
He congratulated Jones According to the statement the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates. ,
And stressed that these new reforms will help supervision of the capital investment of the government 's budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, as it will ensure the availability of better prospects for the government to sign contracts sober with reputable companies thereby reducing conflicts, corruption and waste to a large degree.
the statement concluded , "in this regard, the US Embassy in Iraq, and through project management reform" thread " is funded by the United States Agency for international development, it supports the efforts of the Government of Iraq 's efforts to build their capacities to provide better services for Iraqi citizens . "End quote
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tlm724 Jones: The capital investment for Iraq budget of $ 400 billion
06/02/2016 20:40 The US ambassador in Iraq , Stuart Jones , with the participation of Minister of Planning and Salman al - Jumaili and director of the Council of Prime Minister 's Office Mahdi Keywords activities of the Ministry of Planning conference under the title "Development reform program in Iraq , " which was held on Thursday , Rashid Hotel in Baghdad, according to a statement issued by the embassy.
The statement said that the conference was attended by several members of the House of representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
[Shredd] a great plan
[Shredd] and only possible if the other end of selling bonds is interested....the investor buying
[Shredd] and trusting in repayment
[Shredd] iraq has moved from a borrowing struggling country that ultimately received a great deal of forgiven debt by its allies to see them pull out of the ruins of the old regime to a country that is selling its debts with trust in their ability to repay
[cat] Shredd will they need a new rate with these bonds
[Shredd] no
[Shredd] terms are written in the debenture for repayment but no new rate needed
tlm724 Iraq plans to sell two billion dollars of international bonds
06/03/2016 10:51 Finance Minister Hoshyar Zebari said his country expects to sell international bonds worth two billion dollars in the last quarter of the year , when the international aid flow begins , as it will help reduce the cost of borrowing on Baghdad.
Zebari said in an interview with Reuters that the member state of the Organization of the Petroleum Exporting Countries ( OPEC) expects to receive $ 600 million in September from the international Monetary Fund , the first of facilitating a $ 5.4 billion down payment expected to be earned by Iraq from the fund over three years under the willing agreement was announced last month.
seeks Iraq to get international support after shrinking revenues due to the oil price collapse two years ago. The government relies on oil for 95 percent of their income.
The last time selling the Iraq international debt in 2006 tools when he issued bonds by about $ 2.7 billion for until the year 2028 a yield of 5.8 percent.
Said Kalta Moody 's and Fitch Ratings last month that Iraq 's agreement with the Fund international Monetary positive of the credit. And it gave Fitch rating
http://ift.tt/1X3pPhI
http://ift.tt/1PaUUsb
~~~~~~~~~~~~~~~
US Embassy: Developer development management program will ensure fair and transparent management of Iraqi funds
History of edits:: 6/2/2016 22:02 {Baghdad: Euphrates News} The US embassy said the new reforms for the management of Iraqi funds will assist in the supervision of the capital investment of the government's budget, worth 400 billion US dollars, adding that "the development of management software developer {IDMS} and the system updated signings will ensure fair and transparent management Iraqi funds. "
According to an embassy statement received by the agency {Euphrates News} a copy of it today , "the US ambassador to Iraq , Stuart Jones , with the participation of both the Minister of Planning Salman Jumaili and director of the Office of the Prime Minister Mahdi Keywords activities of the Ministry of Planning conference under the title" Development reform program in Iraq , "which was held on Thursday , June 2 Rashid Hotel in Baghdad.
the conference was attended by several members of the House of representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
" the conference celebrated the Iraqi government 's decision , which imposes the use of documents unified tenders for All government projects.
The conference also saw the launch of "development management software developer {IDMS} system and updated contracts" designed to achieve a more effective management of the government 's development projects as well as funded by donors in Iraq 's development projects.
This will be the key reforms crucial role in ensuring fair and transparent management of public funds. The process of improving economic asset management of the country 's vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens.
He congratulated Jones According to the statement the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates. ,
And stressed that these new reforms will help supervision of the capital investment of the government 's budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, as it will ensure the availability of better prospects for the government to sign contracts sober with reputable companies thereby reducing conflicts, corruption and waste to a large degree.
the statement concluded , "in this regard, the US Embassy in Iraq, and through project management reform" thread " is funded by the United States Agency for international development, it supports the efforts of the Government of Iraq 's efforts to build their capacities to provide better services for Iraqi citizens . "End quote
http://ift.tt/1X3pOKJ
tlm724 Jones: The capital investment for Iraq budget of $ 400 billion
06/02/2016 20:40 The US ambassador in Iraq , Stuart Jones , with the participation of Minister of Planning and Salman al - Jumaili and director of the Council of Prime Minister 's Office Mahdi Keywords activities of the Ministry of Planning conference under the title "Development reform program in Iraq , " which was held on Thursday , Rashid Hotel in Baghdad, according to a statement issued by the embassy.
The statement said that the conference was attended by several members of the House of representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
The statement added that the conference celebrated the Iraqi government 's decision , which imposes the use of documents unified tenders for all government projects. The conference also saw the launch of "development management software developer (IDMS) and the system updated contracts" designed to achieve a more effective management of projects the government 's development and well - funded development by donor projects in Iraq.
The statement pointed out that it will be for these major reforms crucial role in ensuring management fair and transparent public funds. The process of improving economic asset management of the country 's vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens.
For his part , congratulated the US ambassador Stuart Jones , the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates.
The statement quoted the ambassador as saying that these new reforms will help in the supervision of the capital investment of the government 's budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, noting that it will ensure the availability of better prospects for the government to sign contracts solid with reputable companies which reduces conflicts, corruption and waste to a large degree.
the statement concluded that the United States Embassy in Iraq, and through project management reform "thread" is funded by the United States Agency for international development, it supports the efforts of the Government of Iraq 's efforts to build the capacity of in order to provide better services for Iraqi citizens.
http://ift.tt/1PaVAxu
http://ift.tt/1X3pmMw
The statement pointed out that it will be for these major reforms crucial role in ensuring management fair and transparent public funds. The process of improving economic asset management of the country 's vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens.
For his part , congratulated the US ambassador Stuart Jones , the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates.
The statement quoted the ambassador as saying that these new reforms will help in the supervision of the capital investment of the government 's budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, noting that it will ensure the availability of better prospects for the government to sign contracts solid with reputable companies which reduces conflicts, corruption and waste to a large degree.
the statement concluded that the United States Embassy in Iraq, and through project management reform "thread" is funded by the United States Agency for international development, it supports the efforts of the Government of Iraq 's efforts to build the capacity of in order to provide better services for Iraqi citizens.
http://ift.tt/1PaVAxu
http://ift.tt/1X3pmMw
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