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Abadi addressed decisively dues Contractors file


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Iraq announces its branches covered by the sale of a dollar coin

economy

 Since 08.02.2017 at 11:42 (Baghdad time)

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Baghdad balances News

Rafidain Bank, announced Wednesday, all branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations.

Press office of the bank said in a statement received / balances News / copy of it, "the bank continuing to sell the dollar to beneficiaries in a number of its branches in Baghdad and the provinces," noting that "the branches are (Arab neighborhood - General Secretariat of the Council of Ministers - Kadhimiya - the role of the officers - Azwaip - Firdous Square - the Ministry of Defence - the Righteous - Palestine Street - Mustansir - KUT - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk). "

He said the office, that "the bank fired selling the dollar rose to $ 3000 per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market," .anthy 29 / A 43

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Economy News / Baghdad ...

 
 
 
Rafidain Bank, announced the sale of its branches under a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations.
 
The press office of the bank in a statement received "Economy News", "continuous bank sold the dollar to beneficiaries in a number of its branches in Baghdad and the provinces and branches are (living Arab - General Secretariat of the Council of Ministers - Kadhimiya - the role of the officers - Azwaip - Paradise Square - the Ministry of Defence - caliphs - Palestine Street - Mustansir - KUT - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk). " 
 
He noted that "the bank fired selling the dollar rose to $ 3000 per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market."
 
 
 
Views 1727   Date Added 08/02/2017 - 10:20   Last updated 08/02/2017 - 14:42   No. Content 6678
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08-02-2017 10:12 AM
image.php?token=1a42fc16ff76c397b1e774950e57d15b&size=
 


 

 

Rafidain Bank, announced the sale of its branches under a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations. 

Press office of the bank that 'said continuous bank sold the dollar to beneficiaries in a number of its branches in Baghdad and the provinces and branches are [Arab neighborhood - General Secretariat of the Council of Ministers - Kadhimiya - the role of the officers - Azwaip - Paradise Square - the Ministry of Defence - the Righteous - Palestine Street - Mustansir - KUT - Baquba - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk] '. 

He pointed out that ' the bank fired selling the dollar rose to $ 3000 per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the general market. "

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History of edits:: 2.8.2017 10:01 • 137 visits readable
Rivers Ihdid branches covered by selling the dollar
[Where - Baghdad] 
Select Rafidain Bank branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations.
Press office of the bank said in a statement received by all of Iraq [where] a copy of the "bank continuously selling the dollar to beneficiaries in a number of its branches in Baghdad and the provinces and branches are [Arab neighborhood - General Secretariat of the Council of Ministers - Kadhimiya - the role of the officers - Azwaip - Paradise Square - Ministry of Defence - the Righteous - Palestine Street - Mustansir - KUT - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk]. " 
He noted that " the bank fired selling the dollar rose to $ 3000 per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market."
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History of edits:: 2.8.2017 10:06 • 109 visits readable
{} Euphrates News publishes branches covered by selling the dollar in Baghdad and the provinces
{Baghdad: Euphrates News} Select Rafidain Bank, on Wednesday, its branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations. 
According to press office of the bank in a statement, the agency {Euphrates News} received a copy of it today, " The bank continuously selling the dollar to beneficiaries in a number of its branches in Baghdad and the provinces and branches are { the neighborhood of the Arab - General Secretariat of the Council of Ministers - Kadhimiya holy - the role of the officers - Azwaip - Square Paradise - the Ministry of Defence - the Righteous - Palestine Street - Mustansir - KUT - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk}. " 
He noted that " the bank fired selling the dollar rose to $ 3000 per person compared to 1200 dinars per dollar, and the right of any citizen of purchase and benefit from the price difference for the overall market , " .anthy
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Wednesday February 8, 2017 11:26
 
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Alsumaria News / Baghdad 
select Rafidain Bank , Wednesday, branches covered by selling the dollar, as he emphasized that the purchase of the right of the citizen benefit. 

Press office of the bank said in a statement received Alsumaria News, a copy of it, he was "select branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations , " adding that " the branches included the Arab neighborhood - the General Secretariat for the Council of Ministers - the sacred Kadhimiya - the role of officers - Azwaip - Paradise - the Ministry of Defence Square - caliphs - Palestine Street - Mustansir - Walcott - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk. "

 

 


Rafidain Bank and added that " the bank 's continuing to sell the dollar to beneficiaries in a number of branches Baghdad and the provinces , " noting that " the bank fired selling the dollar rose to $ 3 thousand per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market." 

Rafidain Bank announced, in October 2016 for the launch of selling the dollar for the citizens and by 3000 dollars according to the guidelines and instructions, noting that sales would be at a price of 1,200 dinars per dollar.

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9 minutes ago, EagleEye said:

$ 3000.........1200!QD....Dollar coin ???? REAL ENGLISH PLEASE !!! what does this mean to us ????

EagleEye, this may be extremely good news for us. The official CBI sell rate (www.cbi.iq) is 1,184.00 IQD = 1 USD. (1,200-1184)/1,184 is only a 1.35% spread the Rafidain Bank is making exchanging IQD the citizen brings into the bank for USD the bank can issue for specific purposes to the citizen (i.e. travel - max 3,000 USD). However, the CBI exchange rate has not been updated for a full 5 weeks now so the sell rate the CBI is posting of 1,184 IQD = 1 USD may not be the most current and the CBI sell rate may actually be fewer IQD = 1 USD so the banks then would make a higher spread.

Apparently, any Iraqi citizen can walk in off the streets and get this exchange rate. I suspect the citizen would still need key information to meet the exchange requirements to get up to the 3,000 USD. In my opinion, it would be better if the Iraqi citizen wanting to make this exchange would need a bank account at that bank to facilitate the HCL and other benefits the Iraqi may be getting in the near future to accelerate implementation.

I suspect we will see more when Mosul is announced as fully taken from ISIS. The ISIS extermination in the remaining parts of Iraq should go fairly quickly after that and we may be looking for the full "Iraq is totally free of ISIS control in all parts" by Abadi to usher in the remaining key issues for the IQD to go international.

Go Moola Nova!

:twothumbs:

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11 minutes ago, yota691 said:

EE more then likely they are in compliance, online..real time..authorized by the CBI...

Much better answer - I like that one! Thank You, Yota, and have a Great Morning with Hot Coffee just the way you like it!

I ran out of emeralds already this morning so will have to give you +++++++++++++++++++++++++++++++++++++++ instead!

Go Moola Nova!

:twothumbs:

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Rivers determines its branches covered by selling the dollar in Baghdad and the provinces of citizens in accordance with legal regulations (Details)

08-02-2017 03:00 PM
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East News -

 

 

Select Rafidain Bank branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations. 

Press office of the bank said in a statement, it said that continuing the bank sold the dollar to beneficiaries in a number of its branches in Baghdad and the provinces and branches are (Arab neighborhood - General Secretariat of the Council of Ministers - Kadhimiya holy - the role of the officers - Azwaip - Paradise Square - the Ministry of Defence - the Righteous - Palestine Street - Mustansir - KUT - death - Qadisiya - Babylon - Prince neighborhood - Abbas - Muthanna - Basra - Architecture - ur - Kirkuk). 

The statement pointed out, that the bank fired selling the dollar rose to $ 3 thousand per person compared to 1200 dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market.

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Determine the dollar selling to citizens centers

 

 

   
 

 
 


9/2/2017 0:00 

BAGHDAD / morning

Select Rafidain Bank branches covered by the sale of a dollar coin in Baghdad and the provinces of citizens in accordance with legal regulations. He said the bank in a statement, "The continued dollar selling to users in a number of its branches in Baghdad and the provinces, and branches are: the neighborhood of the Arab, the General Secretariat of the Council of Ministers, Kadhimiya, the role of the officers, Azwaip, Firdous Square, the Ministry of Defence, the caliphs, Palestine Street, Al-Mustansir, Kut , Baquba, Qadisiyah, Babylon, Prince neighborhood, Abbas, Muthanna, Basra, Amarah, ur, Kirkuk. " 

He said he "fired selling the dollar by 3 thousand dollars per person in 1200 in exchange for dinars per dollar and the right of any citizen of purchase and benefit from the price difference for the overall market."

 

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  • 2 weeks later...

Which starts in March....IMO

CBI declares the decline of hard currency reserves to $ 49 billion

Governor of the Bank: Depends on fiscal revenue from oil sales

 

 Rawezh Muhamad

 February 19, 2017

 
 
CBI declares the decline of hard currency reserves to $ 49 billion
 

The Central Bank of Iraq, on Sunday, the decline of hard currency reserves to $ 49 billion as a result of the continuing decline in oil prices in world markets.

 

The governor of the bank, on the Keywords, during a press conference held by the bank building, said that "the central bank reserves of hard currency now stands at $ 49 billion," pointing out that "the reserve depends on the fiscal revenue from oil sales."

 

The CBI has revealed last June 2016 for the hard currency reserves amounted to $ 53 billion, down $ 15 billion from the financial reserve for Iraq for 2015, which stood at the time $ 68 billion.

 

Keywords adding that "the central bank has about two thousand foreign exchange company and 30 transfer companies and 65 banks are all selling foreign currency ports under the auction of the currency, which is sufficient to cover the daily sales of the Central Bank of the dollar."

 

However, he noted, saying, "The central bank will launch Contractors bonds in March next, after a curling Bank to contractors during the last period of the bonds, but the irresponsible remarks of a number of officials (without designated) to pay the International Monetary Fund to ask us for a review of those bonds ".

 

 

Iraq is facing an economic crisis forced him to reduce the size of the financial budget as a result of falling oil prices to below $ 40 per barrel, and start a policy of austerity within the annual federal budget.

 

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Economy News / Baghdad ...
 
 
 
Announced the central bank governor, Ali Ismail Keywords, that next March, will be the date for the launch of contractors bonds, and among the bank has no intention to open new outlets to sell the dollar, it was revealed that the banks, Rafidain and Rasheed Commercial Bank (TBI) government foreign exchange company will be established.
 
Keywords and he said in a press conference held at the Central Bank building and attended "Economy News" that the central bank, is to suggest that there would be bonds for contractors who have money owed by the state, but because of financial distress, the government apologize for the payment of these funds, and can be paid in the form of bonds The interest rate is good. 
 
He added that those bonds dues contractors for projects already executed for ministries and government departments, is now the Diwan of financial control for scrutiny, and we expect that there is a definitive answer by the International Monetary Fund, the Board of Control for launch during the month of March.
 
He pointed Keywords, to the banks, Rafidain and Rasheed, commercial Iraq (TBI), is working to establish a foreign exchange company to enter into competition with other companies, and it would work similar to the work of the exchange companies to the private sector, but it is largely powered by us. 
 
He pointed out that the bank is trying to make there is structured in the process of selling the dollar for the beneficiaries and open multiple outlets for the sale of a "sufficient", at the present time, but do not think that there is the intention at the present time to open more outlets.
 
 
 
 
Views 49   Date Added 20/02/2017 - 14:35   Last updated 20/02/2017 - 16:32   No. Content 6761
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02/19/2017 (18:01 pm)   -   the number of readings: 328   -   thenumber (3857)
 
 
Central bank: apologize for the opening of new outlets to sell the dollar and announces the launch of Contractors bonds



 Baghdad / Acer Jabbar 
 

Announced the central bank governor, Ali Ismail Keywords, on Sunday, that the month of March next year, will be the date for the launch of contractors bonds, and among the bank has no intention to open new outlets to sell the dollar, it was revealed that the banks , Rafidain and Rasheed Commercial Bank (the NBA) will establish a company exchange - governmental organizations. 
Keywords and said in a press conference held at the Central Bank building and attended (range), the central bank, is to suggest that there would be bonds for contractors who have money owed by the state, but because of financial distress, the government apologize for the payment of these funds, and can be paid in the form of bonds The interest rate is good. Adding that such bonds dues contractors for projects already executed for ministries and government departments, is now the Diwan of financial control for scrutiny, and we expect that there is a definitive answer by the International Monetary Fund, the Board of Control for launch during the month of March. 
He pointed Products: that banks , Rafidain and Rasheed Iraqi trade (which NBA), is working to establish a foreign exchange company to enter into competition with other companies, and it would work similar to the work of the exchange companies to the private sector, but it is largely powered by us. Indicating the following : that the bank is trying to make there is structured in the process of selling the dollar for the beneficiaries and open multiple outlets for the sale of a "sufficient", at the present time, but do not think that there is the intention at the present time to open more outlets.

 

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The central bank's "Tomorrow Press": state banks seeking to open a foreign exchange company and outlets selling the dollar enough

Tomorrow Press / Baghdad , the 
Iraqi Central Bank revealed, on Sunday, the three state banks to work to
establish a foreign exchange company, while not announced the country 's need for additional outlets to sell the dollar. 
The governor of the central bank on the Keywords, for "tomorrow 's Press," that "banks Rasheed, Iraq and the Iraqi Trade TBI, is working to establish a foreign exchange company to enter the competition with other companies , " noting that " the company will work similar to the work of the exchange companies in the private sector, and will be Powered by us. " 
In this context, he said the Keywords, " The central bank has up to two thousand foreign exchange company and 30 transfer companies and 65 banks, all outlets for the sale of foreign currency." 
He said, " The bank is trying to sell the dollar Anzim beneficiaries process, make multiple ports, which is sufficient for the time being , we do not believe that there is the intention at the present time to open more outlets."
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Consultant Abadi: next month will be resolved dues Contractors Exchange

Political

 Since 26.02.2017 at 11:09 (Baghdad time)

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Special scales News

Confirmed economic advisor to Prime Minister Haider al-Abadi, the appearance of Mohammed Saleh, Sunday, that some of the projects delusional *********** dues Contractors Exchange, noting that next month will settle the matter.

Saleh said, L / balance News /, said that "Contractors rights are protected and reserved for the government," stressing that "the state is keen on their rights."

He said economic adviser, that "the delay in financial dues Contractors Exchange, due to the lack of scrutiny of the previous construction is completed," pointing to "the existence of fake Contracting, in Baghdad and various provinces last year."

He stressed favor, that "the next two weeks will be resolving the issue of contractors, and the payment of their dues."

The past few days the protests and demonstrations in a number of provinces carried out by a number of contractors due to delays in disbursement of dues by the government more than two years, although their achievement all the projects assigned to them.

Dozens of contractors today in front of the Green Zone in central Baghdad to protest the lack of Msthakathm.anthy 29 / A 43 Exchange

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"The past few days the protests and demonstrations in a number of provinces carried out by a number of contractors due to delays in disbursement of dues by the government more than two years,

Dozens of contractors today in front of the Green Zone in central Baghdad to protest the lack of Msthakathm.anthy 29 / A 43 Exchange"

 

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Abadi addressed decisively dues Contractors file

Abadi addressed decisively dues Contractors file

 

 Twilight News    
 
 3 hours ago
 

 

Twilight News / face Prime Minister Haider al - Abadi, audited the dues of contractors and the speed of disbursement. 
A statement by the Office of the Abadi responded to Twilight News, the latest face of continuing financial oversight bodies working in the ministries and departments not associated with the Ministry and the provincial labor audit dues Contractors work outside the times of the official working hours and public holidays in order to accelerate the completion of their dues exchange transactions. 
Baghdad Provincial Council, says there are more than 700 projects "parked", because of the benefits Contractors Exchange, indicating that the debt Almetrucmh to maintain more than 800 billion dinars until now. 
And I saw most of the provinces , including Baghdad, in successive periods of massive demonstrations to several contractors and company owners and equipped, demanding overdue dues.

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Abadi directed to expedite the dues Contractors Exchange

In the economy  of March 1, 2017 0  14 visit

 
{Baghdad: SNG} face of the prime minister, Haidar al-Abbadi, speed up the dues owed by contractors late disbursement government for urban and service projects.
A statement by his office and agency {SNG} received a copy of it, that Abadi "face down financial oversight bodies working in the ministries and departments not associated with the Ministry and the provincial labor audit dues contractors operate outside official working hours and public holidays in order to accelerate the completion of their dues exchange transactions." 
The Abadi said yesterday that " the issue of contractors and farmers benefits, the government is determined to give benefits , but there are problems in estimating the dues up to 7.8 trillion dinars , and after checking the amount dropped to 4.5 trillion dinars and possibly fall further and that some of the benefits that talking about is not the same level , " adding that "there is a difference of Supreme audit the audit were dues for many contractors and Otmenhm that their money there." 
And pretended to contractors two days ago in front of the Green Zone , demanding the government the arrears.
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