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UPDATE 1-Iraqi lawmakers pass 2011 budget of $82.6 bln Sun Feb 20, 2011 3:21pm GMT var storyKeywords = "IRAQ BUDGET/ (UPDATE 1)"; var RTR_ArticleTitle = "UPDATE 1-Iraqi lawmakers pass 2011 budget of $82.6 bln"; var RTR_ArticleBlurb = " * Iraq budget projects $13.4 billion deficit * OPEC producer looks to oil revenue to repair war damage (Adds details, background) BAGHDAD, Feb 20 (Reuters) - Iraq's parliament gave final approval on Sunday to an $82.6 billion budget for 2011..."; var showComments = false;var allowSLCall = false; function singlePageView() { document.location.href = ReplaceQueryStringParam(document.location.href, "sp", "true"); } function replaceString(oldS, newS, fullS) { // Replaces oldS with newS in the string fullS for (var i = 0; i < fullS.length; i++) { if (fullS.substring(i, i + oldS.length) == oldS) { fullS = fullS.substring(0, i) + newS + fullS.substring(i + oldS.length, fullS.length); } } return fullS; } Print | Single Page[-] Text [+] var csvSymbolIds = "";var quoteLink = "false";* Iraq budget projects $13.4 billion deficit * OPEC producer looks to oil revenue to repair war damage (Adds details, background) BAGHDAD Feb 20 (Reuters) - Iraq's parliament gave final approval on Sunday to an $82.6 billion budget for 2011 based on an average oil price of $76.50 per barrel and 2.2 million barrels per day in crude exports. The deficit was projected at $13.4 billion. About 95 percent of Iraq's government budget comes from oil revenue. The budget allocated $25.7 billion for investments and $2.05 billion to pay oil firms' investment costs. Passage of the budget was held up for months by political haggling. Budget shortfalls challenge Iraq's ability to rebuild after years of conflict following the U.S.-led invasion in 2003. But officials have said the deficit could be wiped out if world oil prices stay high. Violence has subsided in the last three years and the government has announced major projects to refurbish oilfields and infrastructure and to construct housing. The OPEC producer has signed deals with global oil firms that could boost its output capacity to 8-12 million bpd, rivalling top producer Saudi Arabia, in about six time. Current production is 2.7 million bpd. ($1=1170 Iraqi dinar) (Reporting by Suadad al-Salhy; Writing by Jim Loney; editing by Sophie Walker) © Thomson Reuters 2011 All rights reserved I know this is probably being posted by several others as i am posting it, but nevertheless its done......the budget i mean. lol

Currency Auctions Announcement No. (1838) The latest daily currency auction was held in the Central Bank of Iraq on the 20-FEB-2011. The results were as follows: DetailsNotesNumber of banks18 Auction price selling dinar / US$1170 Auction price buying dinar / US$----- Amount sold at auction price (US$)192,961,000 Amount purchased at Auction price (US$)----- Total offers for buying (US$)192,961,000 Total offers for selling (US$)----- Exchange rates Dollar's exchange rates / in Baghdad markets Well there goes a perfectly good theory all blown to heck ... isn't it Z? ... lol ... I know it's a breath through a reed but I would have loved to have seen no auction today. Oh well ... what ya' gonna' do? Oil up at Friday's close Gold too Zeroes ... near as they continue to take the small breaths ... Cash portion only 1.469M or .76% aka miniscule. The news this morning has a whole different tone ... sort of a government going about it's business doing what governments do. I agree that we haven't seen Iraq do much of that but go to the news section and just open it up and peruse the articles. At least at this hour it looks like that. The civil unrest articles this morning are few ... I guess the one that troubles me most is this one Maliki: Protests do not worry Iraq Government ... seriously? ... it looks to all the world that your citizens patience has run dry ... spurred on by geopolitical uprisings in neighboring countries which didn't always work out well for those in charge ... it looks as though the situation MAY have reached near "critical mass" ... I understand appearing to be strong as a leader ... to give the impression that what the citizenry have planned to use as a "stick" to prod their government out of their year long luncheon doesn't worry the PM ... that is a different ballgame! Yes, I understand that in the Middle East things happen slow as molasses ... ask Mubarak how that worked out for him. Summit to be held on Time.. Okay ... ya' might want to "push the button" aka "pull the trigger" on the RI/RV in the not too distant future or you've been promised by your populous that there won't be anywhere for the delegations to stay, meet, eat, or drink and that their LZ would be "hot" ... I'm thinking not such a big selling point on having it there again! Government officials generally aren't big on flack jackets and danger don't ya' know! I just went over the news again and honestly ... other than the previous two I don't see anything to comment on. If you haven't read Frank26's Thursday chat I would recommend it. It's the biggest compilation of ... and I want to be careful how I categorize this ... but it is the biggest compilation of "stuff" ... some intel, some supposition, some news, some conclusions drawn, some media broadcasts, etc. .... all drawn into a picture to TRY and put a face on the puzzle before us. Like him or don't ... it is still true. If you don't like Glenn Beck ... skip past it ... if you don't like (__________) ... skip that. But he does give a perspective that can be used by ANYONE to keep their feet on the ground while WATCHING the rollercoaster! My point is that regardless of where we get a useful idea of what is going on ... it is still useful. His Thursday chat post ads perspective to an otherwise confusing situation. There isn't any reason for me to rehash those points ... and anything that gives us perspective is useful ... yes?! Read it or don't ... I'm not your Mom! I do want to point out something weird though. I've told you over and over that I have no imbeds, govt officials here or their, no boots on the ground ... nada. So when I woud hear a story ... it was 15th hand or worse! In the past 2 weeks ... every day ... yes, I said every day I get phone calls with 2nd or 3rd hand info. No, I'm not saying that I'm betting the farm on them and I haven't even shared them with anyone but my group who understands that I am uncertain of their accuracy/authenticity and that I always tell them that ... "that and a $1.79 will get you a cup of coffee at 7/11!" In other words ... I have no idea if it's true or not! But to go from 15th hand to 2nd and 3rd hand info ... what's up with that? What I'm trying to say is that I believe something has to be up when the common fellow has that kind of info. I'm headed to church but will stop back in later B4 the race. Picking order out of chaos is actually easier than picking the truth out of quiet waters (especially when you know it's not that quiet). I hope I've done someone some good this morning ... if not ... you'll forgive me please. Peace Doc31

UPDATE 2-Iraq lawmakers approve 2011 budget of $82.6 bln By Suadad al-Salhy | Reuters – Sun, Feb 20, 2011 10:27 PM IST* Iraq budget projects $13.4 billion deficit * OPEC producer looks to oil revenue to repair war damage (Adds details, background) BAGHDAD, Feb 20 (Reuters) - Iraq's parliament gave final approval on Sunday to an $82.6 billion budget for 2011 based on an average oil price of $76.50 per barrel and 2.2 million barrels per day in crude exports. The deficit was projected at $13.4 billion, although Iraqi officials have said the shortfall would be eliminated if world oil prices remain at current levels. About 95 percent of Iraq's government budget comes from oil revenue. Budget shortfalls challenge Iraq's ability to rebuild after years of conflict following the 2003 U.S.-led invasion that ousted dictator Saddam Hussein. The budget allocates $25.7 billion for investments. Iraqi officials have announced massive projects to build hundreds of thousands of new homes and to boost electricity generation. Current power production is just 7,000 megawatts compared to demand of 12,000 megawatts. Iraq's master plan for electricity says the sector needs $77 billion of investment by 2030. The 2011 budget also allocates $2.05 billion to pay oil firms' investment costs. The OPEC producer has signed deals with global oil firms that could boost its output capacity to 8-12 million bpd, rivalling top producer Saudi Arabia, in about six years. Current production is 2.7 million bpd. The budget foresees crude production of 100,000 bpd from Iraq's semi-autonomous northern Kurdish region. Iraqi Kurdistan began pumping oil again earlier this month after a halt of more than a year due to a dispute with the central government in Baghdad over contracts the region signed with foreign oil companies. The Kurdish region had ramped up production to about 80,000 bpd by Friday, sources at Iraq's North Oil Company told Reuters, but only about 50,000 bpd were being exported, with the rest feeding domestic refineries. [iD: nLDE71H1OS] Passage of the budget was held up for months by political haggling. Iraq has been hit by a series of protests in recent weeks, many aimed at pressuring the government to improve power and other basic services, and to alleviate food shortages. Politicians have taken a number of steps to ease public anger. They diverted $900 million from the purchase of F-16 combat jets to the national food ration programme, made big purchases of sugar and wheat to bolster rations, and proposed cutting lawmakers' salaries by 50 percent. http://in.news.yahoo.com/iraq-approves-82-6-bln-budget-2011-20110220-070358-428.html

I just got to say !!! I think when the RV goes down we go over there and punch this son of a b*#%@ right in the mouth I am so sick of this country tip toeing around .This hole you have to be politically correct bull s#@t (****) see what i mean !! We are so afraid to offend that its like they sniped our balls off and I for one when I read that demand for an apology and money are you F*&^in kidding me You self centered ,ungrateful , scum bag . Our boys died over their trying to liberate your ***** ass from a dictator that didn't give two shits if you lived or died and your going to come out with that I for one will be the first in the line to knock your teeth down your throat and break your jaw and then it will be wired shut and we wont have to listen to your whiny ass . SO IN RESPONCE TO YOUR DEMAND FOR MONEY AND AN APPOLIGE I WOULD LIKE TO TELL YOU TO GET OFF YOUR LAZY ASS AND FIX YOUR OWN STREET AND ON BEHALF OF AMERICA YOU CAN ALL KISS MY ASS !!!!!!! Im sorry had to get that off my chest GO RV OH and one other thing if our government goes and decides to pay them i say we punch them in the mouth too !!!!!

Helicopter Barrydude you need to take a chill pill!! Step away from the key board and take a deep breath! That bashing was totally uncalled for!! If you don't like what Frank26 has to say "DON'T READ HIS POST"!!!! Why bash Frank26 here on DV? He is not on this site and can't hear YOU!!!!!! BTW: Thanks for the post RON

Ohhh...really -2 for a damn joke. Im sorry whoever did this doesn't have a sence of humor! I've been waiting for 6 damn years, how about you? Last month? I have more patients in my pinky that you probably have in your entire body. Ohh...by the way, I risked my life in Iraq for 2 years, how about you?

Iraq, parliament voted on and passed the budget into law, within the next few hours they are to vote on the outstanding ministerial positions!!!! It is on Aljazzera TV on the web. RV imminent!!!!

founf this elsewhere and thought i would pass on: : No Entry into Iraq… Next 72 hrs… February 19th, 2011 04:13 pm · Posted in CHATS & POSTS (Iraqi Dinar Info), TIDBIT: This is the 2nd email from a site member I’ve receive to this effect today. It appears this is confirmation and legitimate. No entry into Iraq for at least the next 72 hours. -I have written you before, but only when I have news. I work in Iraq as a govt contractor. i am home in the states on leave and I am supposed to fly back to the Middle East tomorrow. My friend called me and said they announced at my base that the Iraqi Govt is denying any entrance visas into Iraq for at least the next 72 hours. this is a very unusal circumstance. I will now be stuck in Dubai when I arrive until the restriction is lifted. We can only hope it is because the RV is about to take place??

thankss for the post and no disrespect to you when i say this, but... George Soros is one piece of crap of a person!

This will be the steepest run on the roller coaster. Hands up!!

Frank26 Post: KTFM - 19 Feb 2011 Greetings Family, Nothing and I mean nothing will happen to our investment until we see a full seated GOI. With that said…..let me try to explain that when I gave you my math yesterday I should have said the dinar will have to be between 3.50 to 4.00 in order for them to accomplish the goals they set in the 2011 budget. I saw your confusion and I hope this helps but I also want to point out something that has brought a lot of calls in today. The question was …….will they do the 2011 budget at 1170 regardless of their low M2 figures like they did in 2009. Family…..the budget for 2009 was ALL PAID FOR IN USD….NOT IQD. The 2011 budget this time around MUST BE PAID IN IQD. During the last few years the United States of America has been paying ALL OF THEIR BILLS IN USD!!! 85% of the 000’s have been lifted. So to accomplish the 2011 budget the math does not add up unless you wish to justify their OBVIOUS RECENT ACTIONS by telling me that they will bring in the rest of their funds via electronic money. Yes …..but that is not the purpose in the year of 2011. M has a plan and it has nothing to do with June. The first 6 months are used to prepare the next year’s budget and based on what my Team has seen and studied in the last 6 months …….electronic money is not the justifiable means. In the last 6 months the decrease of 000’s has increased the confidence in the IQD and the artificial GOI that is now willing to allow everything to come together. Tomorrow they pass the budget but I hope they do not bypass forming ……..announcing a fully completed government that represents the Iraqi people. Iraq is a cash society…….the US is not…….IRAQIS CARE LESS ABOUT ELECTRONIC MONEY…….they are screaming SHOW ME THE MONEY !!! The program rate of 1170 was to control inflation. Inflation went up last month……riots are increasing this week. Someone is losing control after they had gained so much of it. I have so much more in my heart but my TINK and I have to travel home now after being with our children. We welcome your prayers for our safety. I leave you with one final piece of info…….I had Team members call a variety of banks to find a pattern for Monday. Wells Fargo was the most interesting. They told us they will open this Monday and we responded by saying…….but you did not open on President’s day last year……..why this year? The answers they gave us…….I will share on my CC on Monday. Nothing will happen with our investment until we see a fully seated GOI. In other words ……..only a complete GOI will impress me tomorrow…….not a budget. As I told you even if the budget comes out at 1170 the new rate will take time to be implemented. I have always approximated 10 days. As far as the rumors that it will RI/RV tomorrow…….Team and I say ……..nope. My Christian love and Aloha. KTF, FRANK

5 year old's first job. Here's a truly heart warming story about the bond formed between a little 5-year-old girl and some construction workers that will make you believe that we all can make a difference when we give a child the gift of our time. A young family moved into a house, next to a vacant lot. One day, a Construction crew turned up to start building a house on the empty lot. The young family's 5-year-old daughter naturally took an interest in all the activity going on next door and spent much of each day observing the workers. Eventually the construction crew, all of them "gems-in-the-rough," more or less, adopted her as a kind of project mascot. They chatted with her, let her sit with them while they had coffee and lunch breaks, and gave her little jobs to do here and there to make her feel important. At the end of the first week, they even presented her with a pay envelope containing ten dollars. The little girl took this home to her mother who suggested that she take her ten dollars "pay" she'd received to the bank the next day to start a savings account. When the girl and her mom got to the bank, the teller was equally impressed and asked the little girl how she had come by her very own pay check at such a young age. The little girl proudly replied, "I worked last week with a real construction crew building the new house next door to us." "Oh my goodness gracious," said the teller, "and will you be working on the house again this week, too?" The little girl replied, "I will, if those ass holes at Home Depot ever deliver the f****n' drywall..." Kind of brings a tear to the eye - doesn't it?

OK, my turn. For months now we have heard Okie, Get Team, MTT and a whole slew of quote Guru's on the topic of the RV. According to sources and Intel it has RV'd every Thursday or Monday since September 2010???? Thank GOD I'm out of the service and these people were not our Intel officers or we would have been DEAD and GONE at least a 100 times. At this point I'm reading forums for amusement purposes as WHEN CBI posts a new rate and Dinar Trade stops selling them I refuse to by into more BS. JMO.

The biggest scam now is the USD, The IQD might be a safe place to put your money.

If anyone disagrees with you they must be stupid. You are so smart. I love reading your in depth analysis on the IQD. You have definately done more research than anyone here on DV. I love how you told us to wake up. Absolutely outstanding! A mind as brilliant as yours needs to be given much respect! You are definately a mental giant.

here u go. http://af.reuters.com/article/energyOilNews/idAFLDE71J01K20110220

This is my problem with people. Who made Clark Howard the Know it all of all things to come and will be. He is not GOD. People do your own research. Do you really believe Banks would be selling dinar if it was a scam. Just do your own home work. Clark Howard has his way of during thing and it works for him, he belives that his way is the only way. Just do your own home work. and enjoy. Believe in a higher being than man, TRY GOD.

My God fraud, You really! cant tell us what they said until the CC? How can I make till I hear you sing and bring Gods blessing into the room with all in the family. Oh well................... PS, You make me sick with your disgusting rhetoric. Pumping Pimp comes to mind(Insert Giggle). You Helicopter Barry are completely disgusting and shameful. You should be ashamed of yourself.

Adam puts his pants on just like you and me. He is a smart guy with a web site. He does not claim to be some world famous Economist Just because he thinks it will take 10 years to reach $2.30 does not etch it in stone " It is just another Opinion" I'am not saying anything against Adam, I am a VIP,OSI & GOIT member myself However I feel you should not make it sound like if he said drink cool aid you would? GO RV / RI

Yes you're right . We should have left Saddam in power right? Thats what it sounds to me that you suggest. I suppose belittling women, Saddam's sons picking which schoolgirl the feel like raping is acceptable for you right? Perhaps those who disagreed with Saddam getting dropped in vats of boiling oil is your speed? Acceptable isnt it? Yea, shiit happens in war, but it is a hell of a lot better in the long term than the 30 years of brutality Saddam imposed. Perhaps you can share with the US Service Personnel who got killed, disfigured, and maimed how you feel that their sacrifices were not appreciated or necessary. Yea you're right, Saddam was a better choice, should have left him there to do what he wished. maybe you'd have no problem when your 14 year old daughter came home saying how Udai & Qusai gang banged her. According to that logic, Hitler, Hirohito, Mussolini, Stalin and all the other swell guys shouldn't have been confronted and defeated because of the collateral damage. Think in broader terms next time and see the bigger picture.

That is a very interesting link. I am almost finished reading George W. Bush's book [/u DECISION POINTS . Before we just accept the voices on the street in all cases, it might be a good idea to look at all the information that is given. Presedent Bush goes into great detail about the WMD. He is very honest about it and how the information that he received and other leaders of the world almost all come to the same understanding about WMD, with the exception of those nations with contract interest in Iraq. It is a good read. I live in a position that at times "voices on the street" say things about me that I know is not true, yet I can sleep at night because I know that I was right in my actions with the greater judge then the voices on the street. That is the Voice from above. The King of kings and the LORD of lords. We would all be better off if that is where we keep our eyes.

Can you please list all of the things that have to happen first in sequential order so that I won't fall for anymore lines of BS.

BLACK & WHITE TV After being married for 50 years, I took a careful look at my wife one day and said ... "Fifty" years ago we had a cheap house, a junk car, slept on a sofa bed and watched a 10-inch black and white TV, but I got to sleep every night with a hot 18-year-old girl. Now ... I have a $500,000.00 home, a $35,000.00 car, a nice big bed and a large screen TV, but I'm sleeping with a 68-year-old woman. It seems to me that you're not holding up your side of things." My wife is a very reasonable woman. She told me to go out and find a hot 18-year-old girl and she would make sure that I would once again be living in a cheap house, driving a junk car, sleeping on a sofa bed and watching a 10-inch black and white TV. Aren't older women great? They really know how to solve an old guy's problems.

That is a bit harsh there fellow.

well mr newman...just posting things here that i think someone may want to check out...dont shoot the messenger...if you do ..you recieve no more messages

Thanks Jack!!! the (1) one does look the same, wish I could hold it up and see if the metalic thread was there..... Looks like this one is down... so that's two to go..... And darn, I have no idea where to return to and smack em upside the head for giving me old stuff.... lol lol You are ON.... okay partner.... I have them here.... so lets do this... I assume you mean 5K USD correct.... I do have a paypal account, haven't ever used it to receive, but am sure there is no problem making those arrangements.... So how do we do this..... I can send them certified, and then you send paypal???? Your honor is on the line here.... How do you want this to go down...... I am ready now. BTW, I have 2 of the 10 notes.... if you would bet me 5K a piece, for a total of a 10K bet, I would sincerely appreciate it.... Lets do this

Hello, this is the rumors section if you don't like it go to CNN.com.

I also think that we have some aesthetic issues here in America from people they supported that I think they need to apologize for ... 1. The skyline of N.Y. city it is missing two huge buildings and will never be fixed, 2. The front of the Pentagon .. 3 . The large crater in a field in Pennsylvania... 4. the one thing that you wont be able to fix the loss of friends and family that are dearly missed and will not ever be forgotten ....no amount of money or words from you will take away the anger and pain that sits in the hearts of Americans so I will tell you this chose your words carefully .

This does not make someone a pumper because they pass something along and it is in the rumor section of this site. Just like your TV has channels you pass by because you do no choose to tune in, if you really feel that way, you should not click on the rumors section. The post clearly warns: PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS I'm not trying to chastise you and I hope you don't take it that way. Just trying to help you with the pressure and suggest you stick to the news section for now. This "rumors" section can be a rollercoaster for emotions but on the other hand, there is some positive feedback here. We all pretty much have the same goal here and we accomplish more being united.

http://www.state.gov/documents/organization/156992.pdf

It is, and always has been, the Iraqi People's responsibility to control the future of their country. Saddam Hussein should have been overthrown many, many years ago by his own people. Fortunately for Iraq, Great Nations like the US, Great Brittain, Canada, Australia, and the rest of the Coalition Countries, were NOT so self absorbed and egocentric, that they were willing to share in the sacrifices and horrors of this War to help ensure that freedom reigns over tyranny, oppression and injustice in the World. It is a shame that not ALL people of the world understand this; oh right, that seems to be a fundamentally Christian ideal. My bad. Of course with our opponents, it always has to be about how we are motivated by our own interests and financial gain. I mean, just look at the disparity amongst all the nations who are actually getting the contracts to rebuild. America is leading the pack, right?... NOT! Obviously, I have no idea what I am talking about. Please excuse my impropriety. Happy Sunday!

A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbor. Before she says a word, Bob says, 'I'll give you $800 to drop that towel.' After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves. The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, 'Who was that?' 'It was Bob the next door neighbor,' she replies. 'Great,' the husband says, 'did he say anything about the $800 he owes me?' Moral of the story: If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.

i believe that once its posted in the iraqi gazzette it then becomes ratified......iraq is odd.

why would he be of any use i hear hes a traitor to us all? these two shpu;d be in prison hell clinton was impeached for lying isnt obama care one big fat lie to steal our rights away? thats how i feel anyone else?

I know this post was not ment to generate these kinds responses but I can't pass up a chance to speak. If Obama and George Soros get there way there will be no USA & we will all be on our knees before them. Soros is an evil man.

That's strange. I always thought that if you typed in revaluation, it would give you a rate and date. Silly me.

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.babnews.com/inp/view.asp%3FID%3D35122&rurl=translate.google.com BAGHDAD (Rn): according to a member of the Economic Committee in the Iraqi Council of Representatives, which oversaw the modified draft budget law in 2011, said the committee tried to address most of the gaps in terms of the financial budget that will be approved on Sunday. Abbas said Hammoud Xiaa "The Economic Committee, which undertook to amend the draft budget law in 2011 tried to address all the problems and gaps that file contains the budget." The head of the House of Representatives Osama Najafi, had announced on Friday that "the meeting of the Mini, which was held today for the presidency of the Council and the parliamentary committees related Eduard approving the budget, public finance of the country, came out the results of the" positive ", including the reduction of allocations a number of doors does not affect the work of the government at a time which aims to achieve the demands of citizens to increase the ration card allocations and social welfare program, stressing that the vote on the budget will be on Sunday. " He Xiaa that "the budget that will be approved on Sunday by agreement of the parliamentary blocs can be described as the best possible because the budget took shape public and the current version I got on the compatibility of parliamentary blocs." The Iraqi government spokesman Ali al-Dabbagh said in a sixth of this month, the cabinet approved the law of the federal budget for 2011, as amended, which amounted to 96.6 trillion dinars. As for the House of Representatives on the seventh of this month, the second reading of the budget law. He Xiaa saying that "the budget in 2011 will be addressed as part of the economic problems that has plagued Iraq, but not the level of ambition of Representatives to provide a strong economic structure." And announced that the advisers in the Iraqi prime minister that the government decided to raise the investment ratio in the slot in the current year budget to 30% at the expense of the operational aspect in order to support investment projects. The Ministry of Planning and Development Cooperation of Iraq, that the fissure in the operational budget in 2011 is not made extensive changes to it as the standard of living of citizens. And warned the Ministry of Planning in the earlier of the consequences of delay in approving the budget in 2011 that this puts Iraq on the touchstone of economic risk. The Central Bank of Iraq that the 2011 budget will raise economic growth to 10% of what it was, noting it was built according to the country's economic policy. The Iraqi Council of Ministers had earlier said he had approved a draft budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year's budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars , ie, a deficit of $ 12 billion. Usually sees the preparation of budgets, the country's financial and approval delays by the government and the House of Representatives, because of the large number of objections and criticisms on some of its clauses, most notably the aspects of exchange and the financial allocations for some government institutions and the three presidencies. The economic study prepared by economists that Iraq's budget for 2011 Federal is the largest in history in terms of operating expenses and investment income as well as the expected entry into the state treasury.

Hi all I just texted my two friends who works at 2 different banks here in southern California and asking them to confirm if their banks are open on Monday. Then they bothe confirmed they are going to be open for the first time on a national holiday. And when I asked if they know the reason behind their responses was, "no idea". I hope is something related to all the recent RV rumors that we re ready to cash out on Monday! My first post just passing along this personal info from friends working at. Chase and WF. Sean

WHEN ARE PEOPLE GOING TO STOP BEING "DEEPLY SADDENED" AND START BEING PISSED OFF AT THOSE THAT GOT US INTO THIS MESS. WAKE UP PEOPLE !!!!!!! Obama, Bush, Clinton and all the rest could give a crap about you and me. Hell, they only need to put in 4 to 8 years to retire with billions in stolen money and full pensions...WAKE UP

And what you are saying is that our current administration is being truthful? We can't even get a birth certificate from this clown. Hilarious:

Hi rcrge I am hoping that most have learned that they had other motives in mind when they would make so many false claims...bottom line is it must have helped sell a lot of dinars. Pretty sad really, I hope they have nothing more to say as they do not seem to care at all that they hurt and deceived a lot of people with their lies and circus atmosphere, and not just them, but others as well who had no real info. other than hype and half truths at best with very questionable motives. I do not wish to bash them or anyone, I do not play that game, just stating the kind of character they lacked and no reason to pay any attention to them whatsoever, but still some do. All my best! Jim ---

Yeah it does, go back and read it again! ($1=1170 Iraqi dinar) We're still waiting on a seated GOI and Shababi to pull the trigger!

Sonny1....... thanks so much for your participation!! I know, for me, with all the chaos going on in the ME lately, I've been more than a little discouraged about this ride. Your intel, encouragement, and excitement in this last week has done TONS to keep us buoyed. And this is just what you anticipated!!!

Hang in There People! It will be our day very soon! As a mattter of fact it will be my family's new holiday " Dinar V Day"

Thank you for the POST and the link. Personally I'm not a fan of Soros as he is leading the way to change the worlds reserve currency out of US dollars. JMO.

They are closing Borders........I didn't know they had one in Iraq though

I am getting the feeling that someone is yanking my chain again. Anyone else feel the same way?

If anyone is expecting more than the above you should bail out now, this is the most you will get on the RV of the Iraq dinar. Please do not listen to the overnight millionaire rubbish unless you have vault loads of the stuff. I predict no more than $0.70

It looks like I just found a whole thread full of people who either: A: haven't read the GUIDE that tells you how spread works (aks THIS FREE RESOURCE) or B: All have ADD and can't focus long enough to absorb 9 pages of large type information. (I'm kidding... but seriously, please please PLEASE read the dang guide! My background is finance, I hold my Series 65, and I wrote a free and easy to understand explanation. Get it here: http://dinarnews.net/cashinguide.php)