Iraqi experts. State does not Tstthmr 70 trillion dinars

Iraqi experts. State does not Tstthmr 70 trillion dinars and kept frozen deposit in local banks

Iraqi dinarsDetection Economists and Financial Iraqis, on Wednesday, the presence of deposits of 70 trillion Iraqi dinars in the most prominent banks locals are Rafidain and Rasheed. As pointed out that most of these deposits are government funds in local currency derived from surpluses estimated annual rate of 15% of the budget, confirmed that Iraqi state does not invest these funds in development projects and the disruption of a proposal made ​​by local banks for the same purpose. Continue reading

Iraqi Dinar Guru 4-17-14 Chats…

Iraqi Dinar Guru 4-17-14 Chats…

Iraqi Dinar Guru4-17-2014 Iraqi Dinar Guru Poppy3 I HAVE BEEN INFORMED TODAY [WEDNESDAY] THAT THE CONTRACTORS HAVE NOT YET BEEN PAID IN ANY CURRENCY SO IT IS STILL POSSIBLE FOR THEM TO BE PAID IN RE-VALUED –DINAR AS THEY WERE PROMISED. ONE NOTE — ALWAYS BEFORE THEY WERE PAID IN USD ON THE DUE DATE WHICH HAS NOT HAPPENED AS OF TODAY [WEDNESDAY]. BE VIGILANT IT IS STILL POSSIBLE. Continue reading

Iraqi Stock Exchange contribute to economic growth

Iraqi Stock Exchange contribute to economic growth

economic growthBAGHDAD – Hussein al-Tamimi Tgb constitute capital markets Mother president in the evaluation of countries’ economies and through the extent of the performance of listed companies has, where disclose stock movement for the success of this company or the failure of those through supply and demand and reverse capacity in economic affairs. Continue reading

Power of the cash reserve to support the value of currency

The power of the cash reserve to support the value of the national currency

Iraqi currencyBaghdad – Mostafa Hashemi represents the economic stability of any country component of equal opportunities for the supply and demand for services in it, where he sees an economist that the presence of stability as well as to isolate external influences and minimize the national economy and revitalize the work of the productive sectors and solving economic problems internal push towards strengthening and enhancing the value of the dinar. Continue reading

Budget bill does not live up to the requirements

Budget bill does not live up to the requirements of development in Iraq

budgetUndersecretary of the Ministry of Planning Dr. Mahdi Keywords in an interview with Radio Free Iraq on the sidelines of the launch of the policy document population first Thursday in Baghdad, “The budget bill ČäÓÎĘĺ current does not conform with the requirements of development, and that the draft of this law is still dependent conventional methods of development which does not consistent with the development of effective solutions to the problems of development of the current in Iraq. ” Continue reading

Maliki: We do not want the rule of communities and families

Maliki: We do not want the rule of communities and families, we will not allow anyone to be a substitute for state

MalikiPrime Minister Nuri al-Maliki, on Thursday, he would not allow anyone to be a substitute for state gangs and militias, while stressing his rejection of the rule of communities and families. Maliki said during a ceremony for a coalition of state law was held, on Thursday evening, in the province of Karbala and attended “Alsumaria News”, “We will not allow anyone to be a substitute for state gangs and militias, and not, as they say Iraq that his heart is weak and his limbs strong,” adding that “From here begins the division but will not fools and citizens rights reserved us. ” Continue reading

Maliki Karbala: Parliament disrupted discuss the budget

Maliki Karbala: Parliament disrupted discuss the budget and the laws that did not provide them with legislated funds

MalikiPrime Minister Nuri al-Maliki, on Thursday, the House of Representatives failure to discuss and approve the federal budget for the current year, as pointed out that the laws enacted by the Council did not provide them with their own money. Maliki said during a ceremony for a coalition of state law was held, on Thursday evening, in the province of Karbala and attended “Alsumaria News”, “The House of Representatives failure to discuss and approve the budget,” adding that “the project stalled because of this.” Continue reading

Maliki: not for the rule of law to tear Iraq apart

Maliki: not for the rule of law to tear Iraq apart and experience has shown that it protected him from sectarianism

MalikiPrime Minister Nuri al-Maliki, on Thursday, were it not for a coalition of state law to tear Iraq, pointing out that experience has shown that state law protected the disruption of Iraq and sectarianism. Maliki said during a ceremony for a coalition of state law was held, on Thursday evening, in the province of Karbala and attended “Alsumaria News”, “It is not for the faithful of the rule of law for Iraq, torn Guettl people among them.” Continue reading

Iran is investing more than 20 billion dollars in the oil

Iran is investing more than 20 billion dollars in the oil fields shared with Iraq

IranBAGHDAD / translation Baghdadi News / .. site reported Tehran Times Iran, said Thursday that Iran will invest more than 20 billion dollars in the joint oil fields with Iraq, where the planning and Iranian Oil Ministry to increase the extraction of oil from fields shared with Iraq to become a million barrels per day during the year the current Iranian calendar. Continue reading

Barzani and Erdogan stress necessity to raise level

Barzani and Erdogan stress necessity to raise level of trade between Erbil and Ankara

BarzaniThe Prime Minister of the Kurdistan Regional Government Nechirvan Barzani and Turkish Prime Minister Recep Tayyip Erdogan stressed the need to raise the level of trade between Iraq and Turkey, The presidency of Kurdistan Regional Government in a statement posted on its official website said that the Turkish Prime Minister Recep Tayyip Erdogan received yesterday the Prime Minister of the Kurdistan Regional Government Nechirvan Barzani and his accompanying delegation. Continue reading

4-16-14 Rise in central bank sales of dollar

4-16-14 Rise in central bank sales of dollar

central bankBaghdad – and babysit – Sales of the Iraqi Central Bank of the dollar to 218.728 million dollars at auction, Wednesday, on the sale and purchase of foreign currencies, compared with 203.461 million dollars was recorded at an auction yesterday, and a stable exchange rate in 1166 dinars per dollar. Continue reading

Iraqi Dinar Guru 4-16-14 Chats…

Iraqi Dinar Guru 4-16-14 Chats…

Iraqi Dinar Guru4-16-2014 Iraqi Dinar Guru Stryker Even if I’m wrong and the 72 trillion number is true and it is only dinar on their books Iraq still has enough assets in frozen funds, natural proven resources that can be added to their already vast reserves to increase the value of the dinar significantly anyway. [post 3 of 3] Continue reading

Evidence on the mismanagement of economic resources in Iraq

Sumaisem warns of World Bank loans: further evidence on the mismanagement of economic resources in Iraq

Iraq economicBAGHDAD – “arenas of Liberation” warned an economic expert peace Sumaisem, the Ministry of Finance to borrow money from the World Bank, so what constitutes “significant risk to the Iraqi economy.” She said, “Iraq’s budget does not need financial loans from the World Bank to bridge the deficit, the fact that the budget deficit by default and is not realistic,” adding that “the international loans to Iraq’s economy will be significant risks it is difficult to fulfill all its international loans.” Continue reading

Significant progress in the development of the Iraqi economy

World Bank reports show significant progress in the development of the Iraqi economy

Iraqi economyBaghdad – and babysit – Minister of Finance Agency purity of net debt, Wednesday, that Iraq is going through a period of development by good reports have been discussed by the IMF and the World Bank in Washington. Safi said in a press statement that “the World Bank expressed satisfaction with the progress in the Iraqi economy, which is active in recent years as a result of the expansion of investment operations for the exploitation of its natural resources optimally.” Continue reading

Iraq approves S.Korea’s Daewoo $588.8 million oilfield contract

Iraq approves S.Korea’s Daewoo $588.8 million oilfield contract

DaewooIraq’s cabinet approved Tuesday an $588.8 million oilfield service contract with South Korea’s Daewoo Engineering & Construction (047040.KS) for the development of the Zubair oil field, the cabinet said in a statement. Under the contract, Daewoo E&C will handle engineering, procurement and construction work for a gas separation facility at the giant Zubair oilfield in Iraq’s south, whose output is forecast to reach 850,000 barrels of oil per day (bpd) in 2017. Continue reading