Parliamentary finance reveals new economic disappointment in Iraq!

[yota691]

URGENT Parliamentary finance reveals new economic disappointment in Iraq!

Editorial date: 2018/2/24 23:05 • 2337 times read

(Baghdad: Al-Furat News) Member of the Finance Committee MP Masoud Haidar revealed the decline of Iraq's economic level to the level of African countries.

"The economic boom in Iraq is so bad that the Iraqi financial institution, which is considered a long-standing institution, has lowered its rating at the level of international institutions from C to D," Haidar told Al-Furath television. 
"We hoped after cooperation with the IMF and the International Bank to be on the level of Lebanon, Jordan, Morocco and Tunisia economically; but we have fallen to the level of African countries in the economic situation."

[skeetdog]

Thanks Yota...Well no Shiite...As a auction base economy...what do they expect...Try implementing the "000" project...Go to an open ecomy on the international stage and give the private sector purchasing power....and see if that would work better...jmho

[js214]

3 minutes ago, skeetdog said:

Thanks Yota...Well no Shiite...As a auction base economy...what do they expect...Try implementing the "000" project...Go to an open ecomy on the international stage and give the private sector purchasing power....and see if that would work better...jmho

Pretty much believe that is the underlying message in the article here.Pressure seems to be mounting to either soar for once or sink for eternity 

[10 YEARS LATER]

Yet, another Capt. Obvious moment they’ve been harping on for years. When do you think Iraq, would be a “ suitable environment “ to move beyond this ? Wouldn’t want to pressure you into doing any of in a hurry. 

Perhaps a committee or 3 to study the issue-take your time, no rush.  🤔

[King Bean]

I love how most of their articles (translated) start with 'urgent'. One of these days (soon) they will realize what that really means....and actually DO something !!  😃

[3n1]

3 hours ago, skeetdog said:

Thanks Yota...Well no Shiite...As a auction base economy...what do they expect...Try implementing the "000" project...Go to an open ecomy on the international stage and give the private sector purchasing power....and see if that would work better...jmho

 

Haven't heard a lot about the " Iraqi Financial Institution " rating system , usually its S and P , Moody's , Fitch that set the bar... would of thought those recent bank numbers of 200 billion + in assets with 2% inflation might have got them above the hyperinflation countries of Africa , your move Alak...........  Ty yota

[jeepguy]

It's nice to know that they don't have faith in their own system ...

[magawatt]

Maybe not disinformation but possibly shallow maneuvers to dissuade a run on the dinar as the banks prepare for next week's information to the populace campaign. 

[dinarham]

15 minutes ago, magawatt said:

Maybe not disinformation but possibly shallow maneuvers to dissuade a run on the dinar as the banks prepare for next week's information to the populace campaign. 

   Totally plausible  .

[unirod]

This article is 2 months old. We all know that things change quickly in Iraq!

[Donziman]

Unirod. I totally agree. More importantly two months ago we were not on the edge of election.

Just wondering how many on this committee are on Maliki's payroll.

[3n1]

56 minutes ago, unirod said:

This article is 2 months old. We all know that things change quickly in Iraq!

 

well there is that , the visa international MOU and 200 billion bank assets was on the 24-26 of this month ..

who knows .. watching & waiting 

[10 YEARS LATER]

I picked the wrong week to stop snorting  coke (  ) and . . . Well you know.