No Go. IMF Rejects Iraq 2018 Budget.

[Luigi1]

Luigi found this article of Dinarian interest.

This Justin...Guru Mike says it's a no go.

Not verified. Your opine.

 

10 Mar 2018  Mike...

Article quotes: “The International Monetary Fund on Saturday rejected the Iraqi financial budget for 2018, which voted the Iraqi parliament passed last week.”   “…because it was contrary to the agreement signed by Iraq, according to the Iraqi News Agency (INA).”The Iraqis ignored the IMF’s advice and now they’re in a jam. And yet, these folks are going to want the financial support and handouts the world can offer. The corruption is crippling this country.

[Luigi1]

here's another article related to the above...

 

3/10/2018  
xyz: IMF opposes budget, putting billions in financing at risk
https://www.iraqoilreport.com/news/imf-opposes-budget-putting-billions-financing-risk-28115/
 The International Monetary Fund (IMF) is throwing its weight behind objections raised by the autonomous Kurdistan region over Iraq's 2018 budget - a dispute that now threatens Baghdad's ability to access billions of dollars' worth of international loans. 
The budget, passed by Parliament on Saturday, troubles the IMF for two reasons: not only does it allocate just 6.6 trillion Iraqi dinars ($5.6 billion*) to the Kurdistan Regional Government (KRG) - a steep cut compared to previous years – but it also lowers taxes and reduces the government's non-oil revenue.

[umbertino]

XXXX!

[pokerplayer]

1 minute ago, umbertino said:

XXXX!

 

????!

[TOMINVEGAS]

The Idiots of Baghdad

I think we all know the cast of characters in this unrelenting tale of greed, tragedy, corruption and hope. With political intrigue leading the way, the question remains: will Iraq regain its standing in the world, or will Iraq remain an example of great potential that never came to be. Stay tuned.

 

[DinarThug]

On 3/10/2018 at 3:39 PM, Luigi1 said:

 

No Go. IMF Rejects Iraq 2018 Budget.

 

Debunked !  

 

On 3/10/2018 at 12:04 PM, yota691 said:

The Iraqi government: No truth to news The IMF refused to budget

© Sputnik. Natalia Seliverstova

 

18:25 10.03.2018(Updated 18:48 10.03.2018)

The Iraqi government denied reports that the International Monetary Fund rejected the financial budget for 2018, because it is not in line with the agreement signed between him and Iraq.

Saad al - Sabri , spokesman for the Information Office of the Iraqi Prime Minister Haider al - Abadi, told the " Sputnik ", said that the budget for fiscal year 2018 approved in accordance with legal contexts between the Iraqi state institutions of the government and parliament , and all contained therein materials is not inconsistent with the terms of the International Monetary Fund. "

 

 

He explained that the news about the IMF's refusal to budget is incorrect, stressing that the Iraqi government has not received any official response from the Fund to reject the budget.

 

The Iraqi press reports, quoted earlier today, experts in the economy, saying that the International Monetary Fund, announced its rejection of the financial budget for 2018, because it was contrary to the agreement signed between Iraq and the International Monetary Fund.

The experts stressed that "the agreement between Iraq and the International Monetary Fund, obliges Iraq to implement a set of conditions, including the abolition of jobs and the addition of financial burdens on the budget."

The Iraqi Council of Representatives has voted on Saturday the third of March this year, the federal budget law for the year 2018.

 

Now Get Ur  Back On Ur Goat Luigi And Go Find Us Something Not So Incredibly Easily Refuted ...

 

     

[King Bean]

29 minutes ago, DinarThug said:

....Get Ur A$$ Back On Ur Goat, Luigi

 

                                   ...or a goat back on your a$$. Foreplay, perhaps ?? 

 

                                            I'm with Umbertino on this one.....XXXX. 

 

Edited March 10, 2018 by King Bean

[DinarThug]

On 3/10/2018 at 6:14 PM, King Bean said:

 

 

Mountin’  !  

 

 

 

A Favorite Pumper Pastime ...

 

     

[Sage449]

Maybe the IMF can put enough pressure on Iraq to get off its thumbs and do the RV. I'm tired of waiting. 

[ChuckFinley]

1 hour ago, Sage449 said:

Maybe the IMF can put enough pressure on Iraq to get off its thumbs and do the RV. I'm tired of waiting. 

Pull billions and you get someone attention.  

[King Bean]

2 hours ago, pokerplayer said:

????!

 

                  Come on PP, can't you read Italian?? Four ex's. 

 

 

 

[pokerplayer]

1 minute ago, King Bean said:

 

                  Come on PP, can't you read Italian?? Four ex's. 

 

 

 

 

 

Bwahahahahaha  good one

 

  pp

[Luigi1]

here's another article related to the above...

 

10 Mar 2018  Sputnik....

The Iraqi government denied reports that the International Monetary Fund rejected the financial budget for 2018, because it is not in line with the agreement signed between him and Iraq.

Saad al – Sabri , spokesman for the Information Office of the Iraqi Prime Minister Haider al – Abadi, told the ” Sputnik “, said that the budget for fiscal year 2018 approved in accordance with legal contexts between the Iraqi state institutions of the government and parliament , and all contained therein materials is not inconsistent with the terms of the International Monetary Fund.

He explained that the news about the IMF’s refusal to budget is incorrect, stressing that the Iraqi government has not received any official response from the Fund to reject the budget.

 

 

 

here's another article...it looks they're going to re-do the 2018 budget...

 

Infallible: We will discuss technical errors and gaps in the budget before it is approved

Said President Fuad Masum, Saturday that the presidency will discuss “technical mistakes and constitutional imbalance” in the budget before approving it, noting that the parliament has to reconsider some of the paragraphs of the budget if they do not comply with the Constitution.

“The presidency of the republic received the federal budget law for 2018 after its approval in parliament, and the legal experts in the presidency are studying the possibility of ratification of the budget if it does not contain technical errors or constitutional imbalance,” said Masoum in a special interview broadcast, Sumerian, pointing out that” This measure in order to be reassured after ratification. ”

Edited March 11, 2018 by Luigi1

[Luigi1]

IMF waiting on GOI. Kurds to get fair share...

 

3-11-2018   Newshound/Intel Guru Mnt Goat   ...we see the IMF apposing the budget allocations to Kurdistan. Will they hold up the RV due to this or will they mind their own business? Maybe its time to mind their own business in internal affairs. Think about this – the only real strong hold the IMF now has over Iraq are the SDR loan program and the completion of currency reform. So what do they still need Iraq to complete prior to the currency reform?  Legally the only issue they really can force Iraq to complete is the MCP and we know this is nearing the end of the 90 day application of correction period. This is why I believe we may very well be heading into a window of opportunity to finally get this currency reform completed.