Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Banking expert: Government implement the economic reform program in cooperation with the International Monetary Fund in 2017


yota691
 Share

Recommended Posts

3 minutes ago, 10 YEARS LATER said:

 

. . .  Add to that, not much gets done in or out of Ramadan - lazy, just plain damn lazy.

 

They get elected, time to play on the government dime, the folks aren't properly represented, those that do show up argue & bicker like children, everything is pushed out & postponed and everything suffers because of them. How I despise Bureaucrats.

 

You are SO right! There isn't any difference between what they accomplish during Ramadan or any other time of the year. Bureaucratic slackers. :angry:

  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to Banking expert: Government implement the economic reform program in cooperation with the International Monetary Fund in 2017

Banking expert: Government implement the economic reform program in cooperation with the International Monetary Fund in 2017

Banking expert: Government implement the economic reform program in cooperation with the International Monetary Fund in 2017

Khalk: Salah Baban , 
an economist stressed that the Iraqi government developed in 2017 , a plan consistent with the emergency conditions experienced by Iraq because of the sharp fall in global oil prices by 70% compared with the beginning of the year 2014, noting that the plan took into account the non - oil resources available in Iraq during this year, stressing that the plan developed in cooperation with the IMF in a program of economic and financial reform in 2017

, said an expert in the financial and banking adviser to the Iraqi Association of private banks Samir Nasiri Affairs in a statement to the media network Khalk, on Wednesday, that the government of Iraq E Despite the economic conditions critical, it succeeded in developing a court economic plan this year to cope with the economic crisis experienced by Iraq, especially after falling oil prices to the unexpected level by an estimated 70% from the beginning of the year 2014, stressing that the IMF has contributed to the development of the economic plan for Iraq to cope with the current crisis, especially with regard to economic and financial reform program for the current year. 

Nasiri pointed out that the recovery of the Iraqi economy indicators began to appear after the relative rise in global oil prices during the period from the beginning of the current year to the day, especially during the current month, adding that oil prices began to rise this month after the implementation of the OPEC agreement to cut production and reduce supply in the market oil in the world. 

He added that this agreement has led to a relative recovery in the Iraqi dinar in the light of the prudent monetary policy followed by the Central Bank of Iraq in the development of new applications in line with its strategy for the years of "2016_ 2020 mechanisms , " explaining that this strategy perfectly in line with the economic and financial reform program was agreed upon with the international Monetary Fund and in particular the first and second , which took place between the Iraqi delegation and the delegation of the World Bank in Washington for review. 

He explained that these results give us the recovery of the Iraqi economy and Iraq a positive sign will come out of its crisis at the end of the year after the completion of the war against Daesh, and the government 's attention and orientation towards what has been planned during the first half of the current year.

  • Upvote 12
Link to comment
Share on other sites

On 5/24/2017 at 6:42 AM, yota691 said:

He said Alnasiri The monetary policy of leading efforts to achieve economic stability and stabilizing the exchange rate rates that the national economy will also increase the strength and effectiveness to meet the economic challenges of economic policy, and believes that the achievement of reserves of foreign exchange, which currently stands at about $ 49 billion, stabilize the Iraqi dinar exchange rate against the dollar is one of the things necessary, pointing out that the foreign currency held by the central window had a positive role in maintaining an appropriate level of the exchange rate and install it.

It may be all talk, but it's the kind of talk I like to hear

  • Upvote 4
Link to comment
Share on other sites

Looks like the end of the year for another window of opportunity. It's laughable when they talk about the dinar recovering against the dollar. It's a program rate at 1190:1 for people walking in to banks. It's 1240-1250 from the secondary street vendors but that rate will change with any change at the CBI. It's been like this for years. IMO all of this talk of the dinar stabilizing against the dollar is:bs:. Announce Mosul liberated, get a credit ratings upgrade and bump the currency value up to say 1:1 and let the games begin

  • Upvote 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.