darleneR

I LOVE YOUR ARTICLE..DO YOU HAVE A REFERENCE..LINK.....

I believe Shabibi and the CBI is still educating the iraqi people..reminding them of H-i-s plan..they have many still oppose his plan..they must continue on the education ..and.. reminders...JMHO...:rolleyes:

Iraq Approves $100bn Budget for 2012 Posted on 07 December 2011. Tags: Budget Iraq’s Cabinet has approved a federal spending plan of almost.........$100 billion for 2012. The budget is based on an oil price of $85 a barrel and is smaller than the $112 billion spending plan discussed by the Cabinet in September, which was based on an oil price of $90 a barrel. The deficit will be about 16 trillion dinars ($14 billion). Revenue projections are based on exports of 2.6 million barrels of oil a day, including 175,000 barrels.......from the northern Kurdish region. Iraq’s 2011 budget was $82.6 billion, based on an average oil price of $76.50 per barrel and 2.2 million bpd in crude exports. Iraq also has $4.5 billion in International Monetary Fund loans available should it need additional funds, government spokesman Ali al-Dabbagh (pictured) said. (Sources: Bloomberg, Reuters) http://www.iraq-busi...udget-for-2012/ Iraq Approves $100bn Budget for 2012 | Iraq Business News www.iraq-businessnews.comIraq’s Cabinet has approved a federal spending plan of almost $100 billion for 2012. The budget is based on an oil price of $85 a barrel and is smaller

TOTALLY AGREE THESE IS FOR THE DEALERS NOT THE INVESTORS LIKE US....

IT IS A CURRENCY AND YOU CAN PURCHASE ANY CURRENCY...PEOPLE TRAVEL ALSO WITH ANY CURRENCY..YOU CAN PURCHASE AT THE AIRPORTS...

BBC Speechless As Trader Tells Truth: "The Collapse Is Coming...And Goldman Rules The World" | ZeroH www.zerohedge.comIn an interview on BBC News this morning that left the hosts gob-smacked (google it... it is the BBC after all), Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was "This economic crisis ... Listen to the video: then answer questions...Thank you for joining in.... If someone with Stock market and currency knowledge want to weigh in and give a comprehensive view of: 1) How does it affect the US? If it does affect US what are they doing about it or need to? Other than yelling to them to "take care of their debt"! 2) What must Europe do...are what are they delay doing? 3) Does it affect the dinar? (I personally don't feel it does..because the Dinar is not in same "basket" or "pegged" to the Euro) Have your way brainiacs... Let the brains start working.. Thank you all who join!!!!!!!!!!!!

Economic reports : The Governor of Central Bank: This year's budget focused on increasing the volume of investment in Iraq Iraqi Media Network Said Dr. Shabibi Central Bank Governor that the budget for this year's investment budget because it focused on the size of the investment Ziada. Shabibi said that the Central Bank's role is to address the imbalance that would result from the development process that will come from changes in economic structure are basic. He pointed out that the Central Bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate. He continued that our budget relating to the conservation of its resources, and is done by fighting inflation. He stressed that....the bank....had a number of measures......including*****.raising the dinar exchange rate****. Indicating that the effect of this action on the budget through the influence on the purchasing power of the government, will increase by addressing inflation. Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation. He indicated that this procedure leads to a reduction in import prices of goods such as private sector imports and imports the government's development that comes from the transfer of the Iraqi dinar to the dollar. He added that the policy at a time weakens the ability of the government to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful. http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http%3A%2F%2Fwww.alitthad.com%2Fpaper.php%3Fname%3DNews%26file%3Darticle%26sid%3D23590 http://www.alitthad.com/paper.php?name=News&file=article&sid=23590

This is all good news coming out whether-HCL, GOI, CBI, CHP7- all good*** remember when we start to think the bad or think they moving backwards it's because we lose site of what this is all about ...an investment...This is a country that is rebuilding, from people, to city, GOI, laws, education, farming, I could go on...they are ancient in their environment. So, you see it's improving not the way we want but the direction in their capability. Remember this they have counties around the world helping them to succeed-how could they fail. Got to look at the whole picture not at how one is feeling it is doing but how enormously they have progressed as a COUNTRY. Keep the faith they are moving along. This is great and I do believe RV is near..too many great articles to prove it. I pray you take a breathe of fresh air and look at their accomplishments.

****Thank You so much for breaking that down.****

Iraqi customs recorded a rise in revenues over last June Baghdad, July 17,2011 (Rn) – The Directorate General of Customs Iraq on Sunday, the arrival of its revenues from the border crossing points during the month of June last to 32 billion Iraqi dinars, an increase rate of about one billion dinars from the previous month. The Director General of Customs, Major General Salim Nawfal Kurdistan News Agency (Rn) that “Iraq’s revenues from the customs border for the month of June amounted to 32 and a half billion Iraqi dinars from all border crossing points.” The revenue of the General Customs border crossing points during the month of May / May 31 billion and 669 million dinars. The Iraqi Council of Representatives passed a new law of customs tariff, but it was not enforced until now, the law imposes fees in force increased by 5% of the value of goods imported to the country. He pointed to a sound that “the Directorate General of Customs has quickly record the financial statements of the proceeds of the border for the month of June in order to input into the budget of the Iraqi state in 2011.” He said the “Directorate relies on sophisticated electronic mechanisms for the registration of financial returns from entering Iraq border crossings and ports of cargo mission.” Linked to Iraq with neighboring countries through 13 ports of a border, in addition to five ports and air five outlets freely, most notably the port Abraham with Turkey, and an outlet newborn and Rabia with Syria, and port Trebil with Jordan, and port Arar Saudi Arabia, and an outlet Shalamjah and Mundhiriyah with Iran. The flow of foreign goods on the Iraqi market since the lifting of the siege in 2003. But the Iraqis often complain about the goods enter the corrupt or expired to the markets of the country as a result of poor quality control at border crossings as well as the presence of corruption. And the intervention of Iraq, large quantities of canned food, soft drinks, meat and vegetable oils and cheeses, as well as household items, electrical appliances, from Arab and foreign countries such as Syria, Egypt, Iran and China, through the ports in Iraq border, are not subject to these materials in most cases to check confirms the suitability for use. PASSED A NEW LAW OF CUSTOM TARRIFS WAS ENFORCED ON JULY 17, 2011

That is exactly how I read it. His 25k-IQD was worth $5.25-and then he bought himself breakfast at McDonalds. How long people will stay in a trance of all this nonsense, please read what is happening in Iraq and get your information, please get educated and quit looking like fools! Don't depend on others to tell you get your own information-others give you an opinion-which is ok if you see it is true vs good information. Some people bought on a whim and you sell on a whim. Please use common sense first and then get educated! INVESTMENT-THEN PAYOUT.Good things come to those who wait! have patience in your INVESTMENT-THAT'S WHAT IT IS!

Newbie here, first i want to say thank you for a good communicatable discussion, without letting emotional feeling set in the body and destroy it. Secondly I want to say thank you for the information I can use with wisdom and come to a conclusion-with weighing all comments, facts together. I believe each has shed a light of recognition to be studied and/or proven/or believe has weight. Until then, I will continue to soak up all reasonable talks, facts and comments. Thanks again to all civil human beings, thus far.

Newbie at this, not in to as long as most, however, you guys are mostly negative-I went in this with view of investment-not lottery. If invests come so quickly then I think none of us would have to worry and all will be rich overnight, however, if lottery-it is an overnight thing-a greater lose in lotteries (you usually put in more then you gain-they are fixed that way) unless overnight success, investment this is a good investment-they take time if you went in with that in mind they pay off-even if you have 1,000,000 dinars @ .01=$10,000.00 USD, not bad for an investment. Keep your mind focus on just how great the outcome will be at its maturity. When you read too much to get pumped (emotions) it will be a let down. If you read to get knowledge (without the hype)-your wait will be granted, you have stabilized your emotions to catch up with your thinking-because your focus is different. I wish all to just give the emotional negative energy towards the knowledge-keep focused on the future outcome-when that will be will be well worth waiting. If you have been in it a long time you should be the encouraging one because you know building a country is not an over night thing. remember it is not about us it is about Iraqi people their country the old adage "Rome wasn't built in a day," USA just has alot invested-and if News is correct-Europe and USA is the only country to buy the dinars as an investment-with that being said we are truly BLESSED! God bless your day today!