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  1. #1
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    Angry 07-14-2013 DINAR NEWS!! yahoo... 1IQD :1.16 USD BOOM! BOOM!

    Finance Committee Job Study Reveals an Future Exchange Rate Calculation

    Posted: July 13, 2013 in Iraqi Dinar/Politics
    Tags:
    Al-Bayati, al-Iraqiya, Finance Committee, Government, Iraqi dinar, Iraqi Media Network, Nouri al-Maliki, United States Senate Committee on Finance70,000 jobs by 2014
    13/7/13, 12: 00 am
    At the Finance Committee in the House of the number of jobs to be allocated in the budget for 2014 by 70 thousand degrees after adding 30,000 more, according to parliamentary sources for “News Center for Iraqi media network”.
    Committee member Hassan aozmn Al-Bayati: “budget next year will be a priority to install contracts, while there will be degrees of functional critical needs.”
    Prime Minister Nouri al-Maliki face that all Ministers installed in workers in ministries and State institutions and State owners give them priority appointment.
    Al-Bayati said in a statement with (News Centre for the Iraqi media network): the “budget revenues next year will be 83.63 trillion dinars, while the total expenditure will be 157.712 trillion dinars, will be 14 681 trillion dinar deficit as percentage of GDP, the deficit is estimated at 4.9 percent, while the price of crude oil source will be calculated on $ 90, with crude oil production volumes will be the source of 3.5 million barrels, while the dinar exchange rate against the dollar have calculated 1.16. in the meantime, the Committee expected Start-up of the federal public service Council next year.
    Committee member MP Faleh Sari Tariq confirmed to News Center “for the Iraqi media network:” If the composition of the Council is to vote on this year, it will start (the Council) the distribution of grades among applicants fairly. “
    The names of the General Service Board lineup to Parliament by the Government recently.
    The Council aims to regulate public service and freed from politicization and vandalism, State institutions and building a foundation for its development work in government departments, and develop rules and proper foundations and securing justice, impartiality and efficiency standards in appointment and reappointment, promotion, and implementation of article 107 of the Constitution.
    http://bit.ly/14PWfiA
    ==
    Alternate Translation:
    70 thousand degrees and careers through 2014
    13/07/2013 12:00 AM
    Estimates of the Finance Committee in the House of Representatives the number of grades that will be allocated within the budget of the year 2014 by 70 thousand degrees after the addition of 30 thousand degrees, according to parliamentary sources for “Center Brief for the Iraqi Media Network.”
    A member of the Committee Hassan Bayati Auzmn: “The budget next year will be the priority in which to install contracts, while there will be degrees of functional as important needs.”
    It is said that Prime Minister Nuri al-Maliki, the face of the need to minister’s commitment to all installed as contract workers in ministries and state institutions on the permanent state owners and give them priority appointment.
    He said al-Bayati said in a statement singled out by the (Center Brief for the Iraqi Media Network): “The total revenue budget next year would be 143.31 trillion dinars, while the total expenditures will be 157.712 trillion dinars, in what would be the amount of the deficit 14.681 trillion dinars The deficit ratio of GDP is estimated at by 4.9 percent, while the price of crude oil will be calculated on the source of $ 90, what would be the production quantities of crude oil exported 3.5 million barrels, while the exchange rate of the dinar against the dollar was calculated at 1.16. in the meantime, the Committee expected to start the work of the General Service Board Federal next year.
    Committee member Rep. Faleh Sari Djiashi, confirmed for “Center Brief for the Iraqi Media Network”: that “if the selection was voted on the Council this year, will start (the Board) the distribution of grades among applicants fairly.”
    It is said that the names of a Public Service Council and Parliament reached by the government recently.
    The Council aims to regulate the affairs of public office and freed from politicization and vandalism, and build a state of institutions and the formation of Foundation mission is the development of work in government departments, and the development of rules and principles of sound and secure justice and impartiality, and to ensure efficiency standards in recruitment and re-recruitment, promotion and application of Article 107 of the Constitution.
    http://bit.ly/10Tboz4

  2. #2
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    The article is correct!!! If they decide to implement the new calculation the new dinar rate will be 1.16. The present rate is 1166.00. If they lop or delete 3 zeros the new rate will be 1.16. However your head line is misleading. The article did not state that 1 IQD:1.16 dollars. It stated the exchange rate of the dinar against the dollar as 1.16 or 1.16 IQD : 1 dollar.
    Last edited by Screaming Eagle; 07-13-2013 at 10:03 PM.
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  3. #3
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    If only this were true, but why would they be announcing this in the news. We always assessed here that if a revaluation took place, it would happen without any warning or announcement.
    "I have nothing to offer but blood, toil, tears and sweat." - Sir Winston Churchill

  4. #4
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    we need to be careful here. sometimes the comma in Arabic articles is depicted as a period. The article still might mean 1,16
    "I have nothing to offer but blood, toil, tears and sweat." - Sir Winston Churchill

  5. #5
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    it would RV they need to respect Mr. President GWB, and LOP is contradict with the "REMARKABLE INCREASE"

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