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Thread: Here we go!!

  1. #101
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    indeed, crazyfrank. The CBI, by setting this daily limit, and making it available at most points of sale, would spur people to open accounts instead of storing cash at home, less risky. It sets forth a new dynamic in the market place. What size purse would merchants need to make change for for all those 25ks? Who would want to be the merchant that couldn't make change? They will demand the CBI make smaller denominations available for ease of local commerce.

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  2. #102
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    Further integration into regional and global financial institutions is in Section 5 of the Strategic Framework Agreement. progress.

    The Central Bank of Iraq, represented by the Governor's deputy Dr. Munther Abdulkader Alsheikhly participated in the opening of the representative office of the International Development Bank in Dubai.
    The opening ceremony, attended by Iraqi and foreign economic and financial figures, underscored the need for the Iraqi private banks to play a role in the development of the Iraqi economy and the development of banking sector.https://cbi.iq/news/view/770
    Last edited by dollarsign; 07-29-2018 at 04:55 PM.

  3. #103
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    still waiting for the cbi to compensate and rehabilitate warka bank as ordered by the courts may years ago,,,

  4. #104
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    many are Brazileiro. I don't see how the CBI can continue to join such organizations if that isn't addressed.

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  5. #105
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    The Central Bank of Iraq is matching the foreign revenues of Iraq for the years 2005 - 2017 ... Click here to download
    https://cbi.iq/news/view/772

    July 30, 2018
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  6. #106
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    very interesting Dollarsign thanks for the info. Would love to read the pdf in english. Tried a translator but got a bunch of gobbledegook lol

  7. #107
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    Quote Originally Posted by dollarsign View Post
    The Central Bank of Iraq is matching the foreign revenues of Iraq for the years 2005 - 2017 ... Click here to download
    https://cbi.iq/news/view/772

    July 30, 2018
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    I got this translation from another site,,,

    Economy News _ Baghdad


    The Central Bank of Iraq (CBE) on Monday reconciled the foreign revenues of Iraq for the years 2005-2017, explaining that the total receipts of the Ministry of Finance from foreign currency during the previous years amounted to approximately 706.23 billion US dollars.


    The Bank said in a statement received by "Economy News", that "since 2003 until recently, the Iraqi economy witnessed a rise in oil resources markedly accompanied by high global oil prices, followed by the numbers of public budgets to high amounts over the past years,

    He added that "the total receipts of the Ministry of Finance of foreign currency, during the years 2005-2017 nearly 706.23 billion US dollars, and the amount of which spent $ 703.11 billion, or 99.5% of the total revenue, and remaining as at 31/12/2017 role to Opening balance for the Ministry of Finance at the beginning of 2018.

    The statement said that the expenditure is distributed at various doors, the most important of which is the monetary appropriation, which is the Ministry of Finance spending in the public budget. In 2005-2017, it reached about 488.6 billion dollars, or 69.5% of the total expenditure, followed by Iraqi government revenues for the same period. Through the Iraqi Trade Bank (TBI) $ 156.9 billion, 22.3% of the total expenditure, and then the expenses of the payment of the contractors of oil service contracts and military payments amounting to 41.5 billion dollars, or 5.9% of the total expenditure, while the remainder, which is 2.3% % Of total expenditure has been directed to repay d Iraq and other expenditures.


    He pointed out that "the year 2012 is the highest year in terms of revenue with a total revenue of $ 106.23 billion, and 2013 is the highest year in terms of spending as the total expenditure of the total of nearly 97.45 billion dollars," noting that "total revenue grew For the period 2005-2013 increased by 21.7%, compared to 5.4% for the years 2014-2017. Total expenditure grew by 24.3% for the period 2005-2013 and a negative rate of 9.1% for the period 2014-2017.

  8. #108
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    cool. seems all the strife of that period didn't disrupt the accounting process.

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  9. #109
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    this report would be more useful if they would just go global!
    ​$


    August 01, 2018



  10. #110
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    above from CBI


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