Page 6 of 12 FirstFirst ... 45678 ... LastLast
Results 51 to 60 of 111
  1. #51
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    Prime Minister Dr. Haidar Al-Abadi holds a meeting with the ambassadors of the G7

    https://www.youtube.com/watch?v=mqufrC7vIPk

  2. #52
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    Flooding the Iraqi dinar and stopping the auction is the only solution for the Iraqi economy
    Thursday 15 February 2018



    nder Conference : Kuwait , the results of which are discouraging to solve the problem economic Iraqi especially after the devastation resulting from the grinding war on terrorism must think of radical solutions and take advantage of other peoples experiences
    I want to point to the experience of two states at the time Alhadrohee experience Masrafiqirh powered and experience its Vnzula oil - rich
    experience The brother of the banker Float the Egyptian pound in 2016, which produced my output after only one year of float Flooding first year .. Egypt stronger "in numbers" after the liberalization of the exchange rate .. Cash reserves jump from 19 to 36.5 billion dollars .. And 56 billion dollars in saving imports And $ 13.7 billion Surplus payments and 17.3% increase in foreign transfers
    Floating currency "means that the exchange rate against the dollar or any foreign currency away from any intervention of the government or the central bank in determining its price, and linked to the value of supply and demand
    Yes Float Egyptian currency led to a decline in the price of the pound against the dollar from about 9 to 17 But the state still provides the necessary materials and medicines for citizens and did not increase the proportion of poverty with the knowledge that Egypt imports most of its oil needs from the outside is a very big abysmal
    example, the second is the state of Venezuela, a country very rich in oil and is now on the brink of bankruptcy where it was running its economy similar to what is done in Iraq At the time The present currency "Venezuela" is now at 3 prices for the exchange, according to the price of central bank exchange rate, the price on the black market, the price used in exports with a large corruption in the work of the Central Bank
    Iraq is undoubtedly on the Venezuelan example if not taken radical reforms similar to what took place in Egypt with a big difference to the Iraq and Iraq Huan oil revenues from the export of oil in December 2017 from $ 4-6 billion means about $ 76 billion per year The
    desired benefits of the flotation The process with some of the procedures is similar to what Egypt has taken with a transparency
    The central bank's reserves will increase by up to $ 40-50 billion in one year (the central bank's reserves could increase by more than $ 16 billion in one year). This amount will enable the start of major projects for energy, water desalination, agricultural projects, construction of hospitals and factories and through international companies. And will pay the price of these projects of oil imports without waiting for the foreign investor and this process will provide hundreds of thousands, but millions of job opportunities for unemployed Iraqis (foreign investor will come to foreign workers as often as with oil companies) and foreign investor, even if it comes in time The present will benefit from the auction sale of the current currency and the result is the damage to the Iraqi economy, as is the case with mobile phone companies, but in case the suspension of the auction will
    affect the interest of Iraq even with the foreign investor what is the potential damage in case of floating the bill
    Of course, there is a danger of a decrease in the Iraqi currency, but for employees whose income is not more than $ 1000, the damage will be limited and at the beginning only and only for the value of procurement of luxury materials, but will be met by the improvement of electricity, hospitals, medical devices, medicines, roads, water and credit card. There is the possibility of getting more members of the family more job opportunities, but when the economy and the farms and factories of Iraq will begin to spin out of date decline in currency news
    this process can reduce the rampant corruption and companies unreality It is possible that the Iraqi economy to become one of the largest economies of Namie and
    in any case can go back to sell the currency once again after a year or two years if it is not written for the success of this process and I do not think the piece and the people of Egypt Asalo

  3. #53
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    http://www.alsabaah.iq/ArticleShow.aspx?ID=153202

    the most important currency market (exchange rate)

  4. #54

  5. #55
    Supporter and Investor!
    Join Date
    Apr 2008
    Location
    here
    Posts
    1,346
    appears to be an error

  6. #56
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    Iraq Customs, Currency & Airport Tax regulations details Customs Import regulations:
    Free import for:
    1. Nationals of Iraq:
    a. 200 cigarettes or 200 cigars or 10 cigarillos or 250 grams of tobacco;
    b. 1 liter of alcohol or 2 liters of wine or 8 liters of beer.
    2. Other nationals:
    a reasonable quantity of goods for personal use.
    Pets: Must be accompanied by a pet passport and health certificate issued by the competent veterinarian authorities at point of origin.
    Export and transit of pets is not allowed.
    Currency Currency Import regulations: Local currency (Iraqi Dinar-IQD) and foreign currencies: must be declared on arrival.
    Currency Export regulations:
    1. Nationals or residents of Iraq being older than 18 years of age: a. local currency (Iraqi Dinar-IQD): up to a maximum of IQD 100,000
    b. foreign currencies: up to a maximum of USD 10,000.- or equivalent.
    2. All other passengers: up to the amount imported and declared.

  7. #57
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    Deputy: The Government To Invest 40 Trillion Deposits Of Citizens In The Rafidain Bank Instead Of Taking Loans From Countries

    • 08 MARCH 15:45




    Al-Abba channel / Baghdad
    Called independent MP Mohammed al-Shammari, on Thursday, the Iraqi government to invest funds deposited with Rafidain Bank, amounting to 40 trillion dinars belonging to citizens instead of taking loans from countries and economic organizations.
    The MP said in a press statement that "Iraq does not have a successful management to invest money deposited with the Rafidain Bank and Rashid to the citizens, noting that there is a major imbalance in the banking system in Iraq."
    "The amounts of deposits in government banks belonging to the citizens are sufficient to rebuild the destroyed provinces without the need to go to foreign countries to take loans that draw on Iraq benefits over time."
    "The state should give adequate legal guarantees to the deposed home after the reform of the banking system in place of Iraq instead of going to take money from countries and the International Monetary Fund

  8. #58
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    Central reserves exceed 50 billion



    The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars.
    "The time has come for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future," said Mahmoud Dagher. .
    He pointed out that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of presentation of currency and address the violations of demand.
    Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.
    However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change
    The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars.
    "The time has come for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future," said Mahmoud Dagher. .
    He pointed out that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of presentation of currency and address the violations of demand.
    Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.
    However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable chang

  9. #59

  10. #60
    Supporter and Investor!
    Join Date
    Jan 2008
    Posts
    1,981
    http://economy-news.net/content.php?id=11713

    Iraq's debt is $ 71 billion

    Economy News Baghdad: The Iraqi central bank governor Ali Aliak said on Monday that the Iraqi debt reached 71 billion dollars, stressing that the subject of deleting zeros from the currency is ready but needs a suitable environment for its implementation.

    Al-Aalak said in a meeting with the editors of a number of Iraqi media and attended by "Economy News" that "Iraq's external debt is still within reasonable rates did not reach the red zone," stressing that "the current Iraqi debt is $ 71 billion, divided into 42 billion An internal debt dollar and $ 29 billion in foreign debt. "

    He added that "some specialists add to the total debt amount of more than 40 billion dollars, which is a Gulf debt since the time of the previous regime and is pending and did not claim these countries," explaining that "the Gulf countries may be debt cancellation at any time."

    On the other hand, Al-Alaq said that "the subject of deleting zeros from the currency is ready but needs a suitable environment to be applied to prevent manipulation and fraud by the owners of vulnerable souls," noting that "the Central Bank sent the salaries of employees of the Kurdistan region before solving the problem with the central government and deposited In the branch of Erbil.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered byvBSocial.com and Block Facebook