Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Saturday Chat 6-4-16 Part 2 of 3
rcookie says():Iraq received the first payment of the loan and the parliamentary financial implementation under Basra
An economy Since 2016-06-04 12:30 p.m. (Baghdad time) Special balance news Financial Committee, said Saturday that Iraq will receive $ 800 million dollars as the first batch of International Monetary Fund loan.
The Committee Member said Sirhan Ahmed/the balance of news, that "Iraq will receive $ 800 million dollars as the first batch of IMF loan, over the next few days."
~~~
Chat Room Excerpts & Highlights
Dinar Updates Saturday Chat 6-4-16 Part 2 of 3
rcookie says():Iraq received the first payment of the loan and the parliamentary financial implementation under Basra
An economy Since 2016-06-04 12:30 p.m. (Baghdad time) Special balance news Financial Committee, said Saturday that Iraq will receive $ 800 million dollars as the first batch of International Monetary Fund loan.
The Committee Member said Sirhan Ahmed/the balance of news, that "Iraq will receive $ 800 million dollars as the first batch of IMF loan, over the next few days."
~~~
Ahmed added that "this amount will be allocated to supporting the 2016 budget exclusively," by saying "there is no truth to reports that talked about under Basra, that this place is a disgrace."
It is said that the IMF and the World Bank and international partners agreed on 19 may 2016, Iraq grants a loan of $ 15 billion and 1.5%.
And that News International Monetary deliberated conditioned on Iraq Basra mortgage for loan grant ended 29 From: Emory carefully
larrykn says to rcookie():got a question on that one, why would anyone give a loan to a country that has not completed Article 8 which if I'm correct requires a true rate
larrykn says to rcookie():always felt article 8 and a rate change comes hand in hand
rcookie says():Tamimi: IMF loan "Labyrinth" wairadt oil stolen
An economy Since 2016-06-04 at 13:52 (Baghdad time) Special balance news Magda parliamentary Finance Committee member confirmed Tamimi, said Saturday that the IMF loan would enter Iraq in labyrinths, stating that Iraq had to reduce his expenses instead of borrowing.
Tamimi said, to balance news, that "the primary purpose of the IMF loan is to bridge the shortfall in the budget Act, which it's not developmentally loan."
Tamimi said that "share the territory of the loan will be 17% According to the actual Exchange budget", accompanying share "the rest of the provinces are under the budget Act, which after reduction which will be agreed upon by the international monetary order through cost pressure."
She continued, "this loan will enter Iraq in labyrinths, Iraq had to reduce his expenses and improves the use of funds, as well as reviewing the policy and financial management.
She asked what Tamimi, on "oil revenues," banner exchange "through disciplined manner those revenues and lack of accountability, as well as it contains clear corruption and theft."
She explained that the "cost of war" ISIS ", the international community, the fact that ISIS Israeli American industry, its aim to weaken the State institutions."
It is said that the IMF and the World Bank and international partners agreed on 19 may 2016, Iraq grants a loan of $ 15 billion and 1.5%.
rcookie says():MUHAMMAD ALI HAS DIED....
cricket22 says to rcookie():Yeah, I saw that early this morning.
rcookie says():Kurdistan invites international companies to extract minerals and investing.
April 4, 2016 Our economy/Abril The Ministry of natural resources in Kurdistan region Saturday, international companies to invest in mining in Kurdistan, underlining a precious metal for investment in trade.
The Ministry said in a statement received our newsletter, a copy of it, "Kurdistan where seven sites to invest in mining," adding that "there are two locations in Dohuk province and two others in Erbil and three locations in Sulaymaniyah.
The Ministry said that "the region contains the kinds of minerals including korkoshm and zinc and chrome, nickel, cobalt and iron, wemnknis, inviting international companies to invest in those sites. LINK
rcookie says to Holly1():SO...IN SPITE OF ALL REPORTS CONFIRMING KURDS SHARE OF LOANS AT 17% PER 2016 BUDGET LAW CONSTITUTION....
THE WB STEADFAST ABOUT KURD COMMITMENT TO DELIVERING THEIR OIL SHARE DUES...ELIMINATING SATFF REDUNDANCY AND MAKING THE SAME BUDGET CUT MANDATES THE GOI HAS ALREADY DONE...AND WILL COMPLETE FURTHER IN ORDER TO RECEIVE THE SBA LOANS.......BIG SHOCK KURDS....
NO MORE COOKING THE BOOKS AND GAME PLAYING....THERE ARE MANY INT'L PANELS OF AUDITORS THERE OVERSEEING....
AND THE BANKING OVERSIGHT & REGULATION WILL GET EVEN TIGHTER NOW THAT CBI WILL BE IN ERBIL AND OVERSEEING ALL BANKING SECTOR....
NO MORE 14 SEPERATE BANKS THEY CAN FUNNEL THEIR OIL SALES THROUGH TO HIDE...... TRANSPARENCY...ACCOUNTABILITY....AND THE UST IS THERE AS A BACKDROP...
larrykn says to rcookie():boy does that sound good
rcookie says to Holly1():AND THAT ALL STEMS FROM THE WB AUDIT AND REVIEW BACK IN NOVEMBER WHERE THE WB REP CAME OUT AND SPANKED KURDS SAYING THEY NEEDED TO GET THEIR FINANCIAL & ECOOMIC HOUSE IN ORDER...
rcookie says to Holly1():ECONOMIC*
Mudder says():Not the Kurds???? The Kurds are Saints....LOL (According to some)
rcookie says():READ THIS.........
rcookie says():In the parliamentary finance by calling for the support of banks and activating the deposit law
History Tahrir:: 2016/6/4 13:39 • 171 times mqrw’h In the parliamentary finance by calling for the support of banks and activating the deposit law
{Baghdad} Euphrates News called the parliamentary finance committee member Ahmed Sarhan, the government to support banks and activate the deposit law for the purpose of revitalization of the banking sector and development of the country's economy.
The MP said Sarhan Ahmed told {Euphrates News} " The development of the banking sector in Iraq is through the government support for the banks, as well as the Central Bank and funding required amounts to be able to fulfill their duties to the fullest , " noting that "this depends on the amount found in the reserve the central bank ".
He pointed out that" the distribution of deposits in the state framework bank deposits law, enabling individuals to deposit their belongings in the banks and treats these holdings leads to a continuous movement between customers and banks. "
explained Ahmed said , " this will generate big banking movement will be development of the economy of this movement and through the deposit law , "noting that" these are the main things that you can state which move the banks and support so that it works properly and lead to the development of the Iraqi economy , as required. "
he noted , " what hinders revitalize the banking sector is the "lack of trust citizen banks the reasons and obstacles linked. "
the economic expert on behalf of Jamil Antoine, said on the ninth of May," the banking system in Iraq put a miserable. "
said Antoine's {Euphrates News}" with the rise in oil prices up to $ 50 per barrel , then the amount of of the budget deficit and opens the way for the Iraqi government to pay the debt and ease the burden on in addition to the economic budget move to create jobs at home , "adding , " now there is an economic paralysis in the private sector and non - payment of the government 's commitments in addition to the banking system in Iraq in a desperate situation and this has exacerbated the problem and held more ".anthy 1
LINK http://ift.tt/1sXuFk5
subgirl says to rcookie():Parliamentary-finance-by-calling-for-support-of-banks-and-activating-the-deposit-law WoW!!! that is great!!! (y)
rcookie says():THE BANK DEPOSIT LAW WAS REPORTED BACK IN NOVEMBER 2015 TO BE READY FOR LAUNCH BY PARLIAMENT AS MEANS TO RETURN CONFIDENCE TO IRAQI BANKS AND DRIVE THE IRAQI ECONOMY...
YHE CBI HAD ALREADY PRESENTED A DRAFT LAW ON BANK DEPOSITS IN 2014 IN ORDER TO PROTECT THE DEPOSITS OF EVERY CUSTOMER WHO PUTS HIS MONEY IN THE BANK...
AND THAT THE PROJECT HAS PASSED THROUGH THE COUNCIL OF MINISTERS TO THE HOR...
AND CULMINATED WITH THE FINANCE MINISTRY & CBI AFTER EXTENSIVE REVIEW ADDED FINISHING TOUCHES TO FURTHER PROTECT & SUPPORT CITIZENS...THIS IS ALL ABOUT DEPOSIT INSURANCE......
subgirl says to rcookie():could you tell me again what HOR means please?
subgirl says to rcookie():is it house of representitives?
rcookie says to subgirl():YES...SORRY SUBBY WAS READING..
It is said that the IMF and the World Bank and international partners agreed on 19 may 2016, Iraq grants a loan of $ 15 billion and 1.5%.
And that News International Monetary deliberated conditioned on Iraq Basra mortgage for loan grant ended 29 From: Emory carefully
larrykn says to rcookie():got a question on that one, why would anyone give a loan to a country that has not completed Article 8 which if I'm correct requires a true rate
larrykn says to rcookie():always felt article 8 and a rate change comes hand in hand
rcookie says():Tamimi: IMF loan "Labyrinth" wairadt oil stolen
An economy Since 2016-06-04 at 13:52 (Baghdad time) Special balance news Magda parliamentary Finance Committee member confirmed Tamimi, said Saturday that the IMF loan would enter Iraq in labyrinths, stating that Iraq had to reduce his expenses instead of borrowing.
Tamimi said, to balance news, that "the primary purpose of the IMF loan is to bridge the shortfall in the budget Act, which it's not developmentally loan."
Tamimi said that "share the territory of the loan will be 17% According to the actual Exchange budget", accompanying share "the rest of the provinces are under the budget Act, which after reduction which will be agreed upon by the international monetary order through cost pressure."
She continued, "this loan will enter Iraq in labyrinths, Iraq had to reduce his expenses and improves the use of funds, as well as reviewing the policy and financial management.
She asked what Tamimi, on "oil revenues," banner exchange "through disciplined manner those revenues and lack of accountability, as well as it contains clear corruption and theft."
She explained that the "cost of war" ISIS ", the international community, the fact that ISIS Israeli American industry, its aim to weaken the State institutions."
It is said that the IMF and the World Bank and international partners agreed on 19 may 2016, Iraq grants a loan of $ 15 billion and 1.5%.
rcookie says():MUHAMMAD ALI HAS DIED....
cricket22 says to rcookie():Yeah, I saw that early this morning.
rcookie says():Kurdistan invites international companies to extract minerals and investing.
April 4, 2016 Our economy/Abril The Ministry of natural resources in Kurdistan region Saturday, international companies to invest in mining in Kurdistan, underlining a precious metal for investment in trade.
The Ministry said in a statement received our newsletter, a copy of it, "Kurdistan where seven sites to invest in mining," adding that "there are two locations in Dohuk province and two others in Erbil and three locations in Sulaymaniyah.
The Ministry said that "the region contains the kinds of minerals including korkoshm and zinc and chrome, nickel, cobalt and iron, wemnknis, inviting international companies to invest in those sites. LINK
rcookie says to Holly1():SO...IN SPITE OF ALL REPORTS CONFIRMING KURDS SHARE OF LOANS AT 17% PER 2016 BUDGET LAW CONSTITUTION....
THE WB STEADFAST ABOUT KURD COMMITMENT TO DELIVERING THEIR OIL SHARE DUES...ELIMINATING SATFF REDUNDANCY AND MAKING THE SAME BUDGET CUT MANDATES THE GOI HAS ALREADY DONE...AND WILL COMPLETE FURTHER IN ORDER TO RECEIVE THE SBA LOANS.......BIG SHOCK KURDS....
NO MORE COOKING THE BOOKS AND GAME PLAYING....THERE ARE MANY INT'L PANELS OF AUDITORS THERE OVERSEEING....
AND THE BANKING OVERSIGHT & REGULATION WILL GET EVEN TIGHTER NOW THAT CBI WILL BE IN ERBIL AND OVERSEEING ALL BANKING SECTOR....
NO MORE 14 SEPERATE BANKS THEY CAN FUNNEL THEIR OIL SALES THROUGH TO HIDE...... TRANSPARENCY...ACCOUNTABILITY....AND THE UST IS THERE AS A BACKDROP...
larrykn says to rcookie():boy does that sound good
rcookie says to Holly1():AND THAT ALL STEMS FROM THE WB AUDIT AND REVIEW BACK IN NOVEMBER WHERE THE WB REP CAME OUT AND SPANKED KURDS SAYING THEY NEEDED TO GET THEIR FINANCIAL & ECOOMIC HOUSE IN ORDER...
rcookie says to Holly1():ECONOMIC*
Mudder says():Not the Kurds???? The Kurds are Saints....LOL (According to some)
rcookie says():READ THIS.........
rcookie says():In the parliamentary finance by calling for the support of banks and activating the deposit law
History Tahrir:: 2016/6/4 13:39 • 171 times mqrw’h In the parliamentary finance by calling for the support of banks and activating the deposit law
{Baghdad} Euphrates News called the parliamentary finance committee member Ahmed Sarhan, the government to support banks and activate the deposit law for the purpose of revitalization of the banking sector and development of the country's economy.
The MP said Sarhan Ahmed told {Euphrates News} " The development of the banking sector in Iraq is through the government support for the banks, as well as the Central Bank and funding required amounts to be able to fulfill their duties to the fullest , " noting that "this depends on the amount found in the reserve the central bank ".
He pointed out that" the distribution of deposits in the state framework bank deposits law, enabling individuals to deposit their belongings in the banks and treats these holdings leads to a continuous movement between customers and banks. "
explained Ahmed said , " this will generate big banking movement will be development of the economy of this movement and through the deposit law , "noting that" these are the main things that you can state which move the banks and support so that it works properly and lead to the development of the Iraqi economy , as required. "
he noted , " what hinders revitalize the banking sector is the "lack of trust citizen banks the reasons and obstacles linked. "
the economic expert on behalf of Jamil Antoine, said on the ninth of May," the banking system in Iraq put a miserable. "
said Antoine's {Euphrates News}" with the rise in oil prices up to $ 50 per barrel , then the amount of of the budget deficit and opens the way for the Iraqi government to pay the debt and ease the burden on in addition to the economic budget move to create jobs at home , "adding , " now there is an economic paralysis in the private sector and non - payment of the government 's commitments in addition to the banking system in Iraq in a desperate situation and this has exacerbated the problem and held more ".anthy 1
LINK http://ift.tt/1sXuFk5
subgirl says to rcookie():Parliamentary-finance-by-calling-for-support-of-banks-and-activating-the-deposit-law WoW!!! that is great!!! (y)
rcookie says():THE BANK DEPOSIT LAW WAS REPORTED BACK IN NOVEMBER 2015 TO BE READY FOR LAUNCH BY PARLIAMENT AS MEANS TO RETURN CONFIDENCE TO IRAQI BANKS AND DRIVE THE IRAQI ECONOMY...
YHE CBI HAD ALREADY PRESENTED A DRAFT LAW ON BANK DEPOSITS IN 2014 IN ORDER TO PROTECT THE DEPOSITS OF EVERY CUSTOMER WHO PUTS HIS MONEY IN THE BANK...
AND THAT THE PROJECT HAS PASSED THROUGH THE COUNCIL OF MINISTERS TO THE HOR...
AND CULMINATED WITH THE FINANCE MINISTRY & CBI AFTER EXTENSIVE REVIEW ADDED FINISHING TOUCHES TO FURTHER PROTECT & SUPPORT CITIZENS...THIS IS ALL ABOUT DEPOSIT INSURANCE......
subgirl says to rcookie():could you tell me again what HOR means please?
subgirl says to rcookie():is it house of representitives?
rcookie says to subgirl():YES...SORRY SUBBY WAS READING..
RickeyT says():wow, and to have heard that all the laws that needed passing was done, and that was 3 years ago.
jd says():When does Iraq have access to the 15 billion loan from the IMF?
rcookie says():RICKEY..THEY ARE DONE..WAS DONE IN 2010...THERE WILL BE AMENDMENTS FOR FURTHER PROTECTIONS..
hummingbird says():list
cjquade54 says to rcookie():hi RC ... did I read correctly that the international bonds slated for sale in June have been bumped to 4th quarter?
hummingbird says():Now they are back on it
wmawhite says():Folks,...........if a member of the Parliament Finance Committee was is say that Iraq needed a law to repair the street in front of the Central Bank of Iraq in order to improve access to the bank, would all of you start saying, "wow, and to have heard that all the laws that needed passing was done, and that was 3 years ago."???
wmawhite says():Folks,........Parliament, the GOI and CBI will always to trying to improve the banking system in Iraq. That is their responsibility. They will be proposing amendments this year, next year and on and on. Read the Technical Letter of Intent/Agreement from December 23, 2015..........it tells you what is required and where they were at that point in time.
RickeyT says to wmawhite():pardon me, I will never comment on this site again
larrykn says():RickyT when you or anyone wants to comment on the past history of Iraq you are not looking at what is going on in todays world, we need to get out of the past an look at the future, not only for Iraq but for what we are looking for too. If you read the news you would see there is a big differents from the past to now.
jd says():When does Iraq have access to the 15 billion loan from the IMF?
rcookie says():RICKEY..THEY ARE DONE..WAS DONE IN 2010...THERE WILL BE AMENDMENTS FOR FURTHER PROTECTIONS..
hummingbird says():list
cjquade54 says to rcookie():hi RC ... did I read correctly that the international bonds slated for sale in June have been bumped to 4th quarter?
hummingbird says():Now they are back on it
wmawhite says():Folks,...........if a member of the Parliament Finance Committee was is say that Iraq needed a law to repair the street in front of the Central Bank of Iraq in order to improve access to the bank, would all of you start saying, "wow, and to have heard that all the laws that needed passing was done, and that was 3 years ago."???
wmawhite says():Folks,........Parliament, the GOI and CBI will always to trying to improve the banking system in Iraq. That is their responsibility. They will be proposing amendments this year, next year and on and on. Read the Technical Letter of Intent/Agreement from December 23, 2015..........it tells you what is required and where they were at that point in time.
RickeyT says to wmawhite():pardon me, I will never comment on this site again
larrykn says():RickyT when you or anyone wants to comment on the past history of Iraq you are not looking at what is going on in todays world, we need to get out of the past an look at the future, not only for Iraq but for what we are looking for too. If you read the news you would see there is a big differents from the past to now.
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