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Sunday Bytes: Mailman - Talabani Returns August 26th To Announce The RV !


DinarThug
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Mohammed Saleh In an interview for "Alsumaria News", "The draft restructuring currency and delete the zeros are still just proposals nor approved so far and remains a dead letter," noting that "the Finance Committee in the House of Representatives are still trading with the bank on the matter and the time at which it is replaced currency.

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CNN. Listen Closely ! Now Broadcasting With Mimes !

Thanks Thug. I have the volume maxed out - but still can't hear a thing!

I'm guessing Talabani would be a good choice to announce this since he is still the PREZ. But doesn't make sense he would give everyone a heads-up on an RV...a week in advance. Hmmmmmmmmm. IMO it will drop like an overdue baby.

B)

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WELL THIS BABY IS WAY PAST DUE. I DONT CARE IF MICKEY MOUSE TELLS THE WORLD. RV. JUST DO IT ALREADY :goodnews:

There going to announce that they are seeking to remove the o's and raise the rate in the coming months. They will not come out an rv haven't you learned that about Iraq already.You might even here they are taking step ls towards resolving the issues in the next coming days, which actually means whenever they get to it.

Edited by Hawaii 50
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Not that it really matters, but the CBI didn't get MM17's memo

IIRC, the earliest the Paris Club debt could be paid off would be 2017, but the amortization schedule runs until 2034..

1:1 without deleting the zeros would work for me...

From the CBI Website:

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Government Debt

Total government debt is estimated to be $92.3 billion in 2010 and is comprised of the following components:

- External debt ($87.7 billion, of which $45 billion can be subject to debt reduction by non-Paris Club official creditors, comparable to the Paris Club agreement)

- Domestic debt ($4.6 billion)

Note: Iraq's GDP in 2010 is estimated to be $82.2 billion.

External Debt Restructuring

Following the ouster of the regime in spring 2003, Iraq’s external debt was estimated to be between $130-$140 billion. Reducing this debt to a sustainable level has been a priority since 2003 and debt relief negotiations have taken place in a variety of forums. This has led to the cancelation of a significant amount of Iraq’s external debt.

 

Iraq’s external debt is comprised of four components:

 

Paris Club bilateral debt ($42.5 billion)

Non-Paris Club bilateral debt ($67.4 billion)

Commercial debt ($20 billion)

Multilateral debt ($0.5 billion)

 

Debt relief negotiations first led to an 80% reduction of the Paris Club debt. The Paris Club agreement also set the terms for non-Paris Club and commercial debt cancelation levels. A provision of the Paris Club agreement is that Iraq cannot accept a debt cancellation agreement with other creditors on more favorable terms for Iraq than those reached with the Paris Club.

Thus, Iraq is expected to receive no more than an 80% cancelation from all of its creditors. Negotiations with non-Paris Club creditors are ongoing (mainly with Gulf countries), and resolution of the commercial debt is largely complete.

 

This portion of the external debt has been reduced to $45 billion in 2010 (see government debt above).

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CNN. Listen Closely ! Now Broadcasting With Mimes !

8-19-2012 Newshound Guru Mailman17 [/b] TALABANI COMES BACK TO MAKE AN ANNOUNCEMENT SUPPOSEDLY ON THE 26TH. IMO...HE IS ANNOUNCING THE RV, EFFECTIVE...FINGERS CROSSED...SEP 1.

Who said this - that all above would happen on the 23rd?

He Said This Sunday The 26th And Not Today The 23rd ! ;)

Not That Anyone Should Be Holding Their Breath Until Then ! :o

:D:D:D

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