Iraq is heading toward financial stability

[yota691]

Parliamentary Economy: Iraq overcome the financial crisis

History of edits:: 08.12.2016 10:30 • 195 visits readable

[Special Oan-] 
said a member of the Committee on Economy and Investment parliamentary respond by Najib said the "country exceeded the financial crisis." Which went through because of the large drop in oil imports.

Iraq faces a financial crisis since the fall of oil prices in July 2014, which makes up most of its imports, and conducted on the impact of government austerity policy to reduce costs and provide the necessary resources and taking international loans to secure war supplies to the terrorist Daash gangs, and the salaries of the staff. 
She said Najib told all of Iraq [where ] " the government was able to overcome the stifling crisis that existed at the beginning of this year and the situation is now better than before the crisis." 
, however , "but until now has not Ntakt financial crisis in general Vairdatna still less than our costs and this will keep the deficit in a big budget." 
She explained , that " the war against Daash that exacerbated the financial crisis coinciding with the decline in oil prices , which we continue to rely on him in the construction budget , " noting that " the current government has taken some steps towards building a strong economy but not the ambition level." 
she drew Najib that " 2004 budget and the reduction in 2014 that are 95% or more , only on oil revenues, "noting that" What we're saying today in the budgets for 2015 and 2016 this figure fell slightly to about 90% based on oil only and this shows that there is a change , but not at the required level. " 
She stressed that " the government take economic steps to serve the interests of the Iraqi economy." 
the planning Minister Salman Jumaili said on 11 July, that "Iraq has surpassed the stage of the most dangerous in the economic crisis , after passing the first half of 2016, and that the confidence of the world is growing Iraqi economy." 
he Jumaili the hope that "the second half of the 2016 best , as will Iraq by the end Daash and the return of displaced persons as well as the existence of positive indicators for the rise in oil prices in the global market as well as the results of economic policies and treatments taken by the government during the last stage." 
as economic Adviser to the President said Minister Haider al - Abadi, said that " the Iraqi economy is gradually recovering, but slowly, and treat the situation day by day and week by week." 
he said the appearance of Mohammed Saleh, for [where], in 25 of the last month, that "Iraq is still in financial distress do not want to relinquish optimistic and pessimistic at the same time, caution is required, but there politically and economically determined to rotate the case successfully continuing. " 
" since 2014 and until today the country moving the right way and there was no negligence on the obligations of the government in the past year as well as the first half of 2016 and this means that there is a success for curriculum economic government and this success must sustain the momentum it. "

[ChuckFinley]

I think we are all hoping that the second half of 2016 to be the best, looking for that RV baby.

[235snack]

I agree Chuck, that is what we hope....the RV baby to be born.

[10 YEARS LATER]

It's been one " Iraq overcome financial crisis " after another, throughout the decade; yet here we all are, still. It might appear to some the ever elusive RV ( the 800 lb. Gorilla in the room that [Iraqis] occasionally speak of ) is way overdue. For some of us that have been in this for what seems like an eternity, yea.

Given the last decade, Maliki and his Mob decimating Iraq to its' core; Abadi and his bunch have had quite a lot to undo, get right and push through laws in a Parliament not altogether willing, owing to the malignant & corrupt officials still digging in their heels.

Perhaps taking back Mosul will be the impetus needed to marshall the forces ( staged on the 2 Yard Line ) for the last drive into the End Zone. Hoping the Touchdown will be in the 2nd half of 2016. 

[Laid Back]

"Iraq overcome the financial crisis"  This is a big statement 

They're letting know the world, Iraq will be open for business really soon.

- Reforms

- New ministerial cabinet

- Liberation of Mosul almost done

- Important laws on the table for discussion 

- New banking technology 

- UN, IMF, WB and others working together to bring Iraq to the international market

 

[Wiljor]

40 minutes ago, Laid Back said:

"Iraq overcome the financial crisis"  This is a big statement 

They're letting know the world, Iraq will be open for business really soon.

- Reforms

- New ministerial cabinet

- Liberation of Mosul almost done

- Important laws on the table for discussion 

- New banking technology 

- UN, IMF, WB and others working together to bring Iraq to the international market

 

Yep, everyone is on board brother LaidBack, soon we will see Babylon rise again and the fruits of our patience rewarded 

[Reverse-Pumper]

Just give me control of Iraq for one day. Just one.

 

I will overcome their financial crisis. I promise...

[wildeman]

Thanks all. Hoping Adams right . Everything is going positive

[rkpdwp]

Quote

what are we hoping Adams right about?

 

Edited August 13, 2016 by rkpdwp

[nannab]

19 minutes ago, rkpdwp said:

 

Check out Adams chat of August 3rd.

[chinadawg]

I will be damn glad when we overcome our financial crisis.

[jcfrag]

4 hours ago, rkpdwp said:

 

" Everything is going positive!"

[yota691]

Iraq surpassed the most dangerous phase of the financial crisis

 

 

8/14/2016 0:00   BAGHDAD - The joy of pumice  at a time when the Committee of Economy confirmed Alastosmaralgnapeh and the Ministry of Planning skip Iraq stage the most dangerous of the financial crisis experienced by because of the low sale of crude oil prices in world markets, the government announced the adoption plan faces all the possibilities and economic fluctuations. Successful measures , said the financial adviser to the President Minister Dr. appearance of Mohammed «morning»: The »government adopted a program and a plan and measures to court and successfully to face all possibilities». promised arrangements conducted by Iraq with the international Monetary Fund recently on lending «positive» and embody the international community 's support for the country 's economy ». faced Iraq 's financial crisis since Asaralinvt decline in July 2014, which makes up most of its imports, and conducted on the impact of government 's deliberate policy to reduce costs and provide the necessary resources and taking international loans to secure the war - kits to gangs «Daash» terrorist and provide salaries and other needs. a better position , in turn, said a member of the economic Committee Najiba Najib: that « the government has managed to overcome the stifling crisis that existed at the beginning of this year and the situation is now better than before the crisis.» But he said that so far no «Ntakt financial crisis in general Vairadatna still less than our expenses, and that will remain deficit in a big budget». She explained that « the war against« Daash «is exacerbated by the financial crisis , coinciding with the decline in oil prices , which are still rely on him in the construction of the budget », adding that« the current government has taken some steps towards building a strong economy ». She drew Najib that« the 2004 budget adopted by 95 percent or more only on oil revenues », noting that« What we're saying in the budgets for 2015 and 2016 dropped this percentage is slightly to about 90 percent based on oil only and this shows that there is a change , but not the required level ». She stressed that« the government is taking steps to serve economic interests of the Iraqi economy ». The Planning Minister Salman Jumaili said last July: The «Iraq surpassed the most dangerous phase of the economic crisis , after passing the first half of 2016, and that the world is growing confidence of the Iraqi economy.» He Jumaili hope that «be the second half of 2016 the best, as it will see Iraq at the end« Daash «and the return of displaced persons, Vdilaan a positive indication of rising oil prices. In the global market, in addition to the results of economic policies and treatments taken by the government during the last stage» . in the meantime, go back to the economic and investment commission member of the parliamentary Harith al -Harthy, the benefits of agricultural, industrial and commercial loans and even residential imposed on citizens as «simple». He said in a press statement: that »all industrial, agricultural, commercial and residential loans were very simple on the citizens of the benefits of a longer liquidity for banks». He said his committee «confirmed during the last meeting with the industrial, agricultural and commercial banks managers in addition to the bank Rafidain and Rasheed, to be fees very simple to the requirements of the needs of these banks and the wages and salaries of its employees . therefore, these simple benefits do not affect the loan nor the citizens ». It is said that the Cabinet approved during its meeting on the 31 of last May, to launch a Government loan to the sectors of housing, industry and agriculture form the amount of $ 6.5 trillion dinars in the framework of the axis of economic reform and diversify and move from an economy Rei into a productive economy and the transformation of the economic system of the State of the system a consumer to multi - resource production system.

[SnowGlobe7]

surpassed?

Nice

[ggdog60]

thanks, Yota

[sandfly]

THANKS THINGS ARE CHANGING FAST EVEN FOR IRAQ

[Wiljor]

42 minutes ago, sandfly said:

THANKS THINGS ARE CHANGING FAST EVEN FOR IRAQ

I agree Sandfly, we can see a sense of urgency starting to take place to get these laws past, as you say "even for Iraq"

[ChuckFinley]

On August 12, 2016 at 11:55 PM, chinadawg said:

I will be damn glad when we overcome our financial crisis.

That will happen when we are paying it off in dinar. 

[ChuckFinley]

On August 12, 2016 at 1:02 PM, Laid Back said:

"Iraq overcome the financial crisis"  This is a big statement 

They're letting know the world, Iraq will be open for business really soon.

- Reforms

- New ministerial cabinet

- Liberation of Mosul almost done

- Important laws on the table for discussion 

- New banking technology 

- UN, IMF, WB and others working together to bring Iraq to the international market

 

This is why I enjoy your posts. There is always a list of positive things happening. I often mention the many positives (lists are better), but people tend to focus on the one negative thing that happened that day. This is a long process and it will be built on the positives that are happening.

[Laid Back]

6 hours ago, ChuckFinley said:

This is why I enjoy your posts. There is always a list of positive things happening. I often mention the many positives (lists are better), but people tend to focus on the one negative thing that happened that day. This is a long process and it will be built on the positives that are happening.

Thanks, Brother ChuckFinley.

I'm always looking at the positive side of life.

We will see the new monetary policy really soon.

[Candy01]

On ‎8‎/‎12‎/‎2016 at 10:55 PM, chinadawg said:

I will be damn glad when we overcome our financial crisis.

A-FRICKING AMEN, chinadawg (love your name btw)!

[Freedomwish]

Folks.......I believe brother Adam and his team resources are on the right track that this ride is about to end. 

Keeping the faith and whiskey in hand!! 

[yota691]

Iraq is heading toward financial stability

 

 

8/15/2016 0:00   BAGHDAD morning  heading Iraq during the next term to financial stability in case of compliance with all the economic and political reforms together, especially with the end to the existence of agang «Daash» terrorist in the country and the liberation of its territory, which would ease the financial burden on the state.  Rapporteur of the Finance Committee Ahmed al - Haj Rashid stressed that «Iraq can safely make financial stayed with him, if he was able to abide by all the economic reforms , which must be matched by political reforms and administrative», Rashid said in a statement to «morning»: the «Iraq is heading toward financial stability, especially that some of the conditions of the international Monetary Fund for Iraq, including the issue of obligations on Iraq that must be postponed because the financial situation is not good enough », noting that Iraq 's recovery is linked to factors subjectivity of the state.  He MP Rashid, to the presence of reforms in the tax side and expenses, in addition to support from the international Monetary Fund and the World Bank international loans from Germany and others, and between that «Iraq should Atakecv roughly $ 16 billion over the next three years, because the position does not bear large expenses, and therefore there is a deficit accumulated budget will be covered from the international and domestic loans».  Furthermore, he indicated by the economic Committee Najiba Najib to that end «Aldoaash» and the liberalization of land will be a stepping stone to business point and direction of the economy, saying in a statement to «morning»: the «the existence of a gang« Daash »is a big obstacle to Iraq, it adds his military and financial commitments, and ending« Daash »means reduced financial expenses, directing a lot of financial allocations for reconstruction projects that will provide better citizen».  Najib confirmed that «laid plans by the government economic initiatives, very good and entered the implementation phase, there are small, medium and large size of more than six trillion projects Iraqi dinars , which will generate revenues and stimulate the economy in the near future »and showed the MP that the economic crisis in the country needs time to end it because of Iraq is unable to diversify its economy and sources of the budget, especially as the security situation in the implementation of economic plans and expansion by the advent of international companies to invest in Iraq.

[yota691]

Parliamentary Finance: Iraq's commitment to economic reforms sponsor to get out of financial crisis

 

 

Economy News / Continue ...     Parliamentary Finance Committee confirmed that Iraq can safely make financial stayed with him, if the commitment of all economic reforms, which must be matched by political reforms and administrative.    The rapporteur of the committee MP Ahmad Haj Rashid told I followed "Economy News" that Iraq is heading toward financial stability, especially that some of the conditions of the International Monetary Fund for Iraq, including the issue of obligations on Iraq that must be postponed because the financial situation is not good enough, noting that Iraq's recovery is linked to self-state factors.   He MP Rashid, to the presence of reforms in the tax side and expenses, in addition to support from the International Monetary Fund and World Bank loans from Germany and others, and between that Iraq must Atakecv roughly $ 16 billion over the next three years, because the position does not bear large expenses, and thus there is a cumulative budget deficit will be covered from the international and domestic loans       mm
Views 18   Date Added 15/08/2016 - 12:37   Last updated 15/08/2016 - 13:25   No. Content 4787

[10 YEARS LATER]

On August 12, 2016 at 8:55 PM, chinadawg said:

I will be damn glad when we overcome our financial crisis.

Damn Straight "Dawg"