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DinarThug

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  1. CNN. Broadcasting As The World's Foremost Authority On 'Funny Money' ! (by don961) Counterfeit dollars flood Iraqi market amid lack of government control August 08 2017 02:49 PM US dollar Iraqi markets have witnessed an increasing influx of counterfeit US dollars in fostered by the lack of legal supervision, press sources revealed Tuesday. This comes amid absence of government control, impunity and failure to enforce the law. The sources said that the counterfeit currency is $100 bill which flooded Iraqi markets in the last few days. The word "God" is written on the real currency while "GD" is written on the counterfeit one, they added. Counterfeit money flooding the Iraqi markets is not a new phenomenon. Counterfeit Iraqi dinars were recurrently confiscated by the authorities. Observers said that this problem has to be addressed as soon as possible to restore public confidence in the local currency. http://www.thebaghdadpost.com/.....nt-control
  2. Thx Bro Yo' ! Here's A Highlighted One From Delta ... FRANKIE DROP THE MIC... Tigris and Euphrates» and revive the economy 08/08/2017 0:00 Mohammed Abdul Zahra al-Hindawi In the wake of the financial crisis that hit Iraq in 2014 and accompanied by a security crisis, the fear and anxiety of the potential serious consequences of this crisis range has reached, and there were expectations of local experts and international that Iraq would collapse economically in the first half of the year 2015 and at best to the end of that General has issued such concerns by the ministers in the government !! when they said that the government would be unable to pay the salaries of its employees for lack of funds needed to secure the salaries of about 38 trillion dinars per year; no doubt that such attitudes and statements cast a negative reality all the details, Luba Employees fearful of the possibility of their salaries stopped. Certainly the fears of this kind would be justified in a country that does not have any financial resources only oil, and with the continued state of collapse in prices, it was necessary to search for solutions and processors contribute to the transformation of the defense and try to get out of the crisis with minimal losses to the state average planning or the near term at least, this is what happened really, was the outcome of Zlkalshrua by taking a number of treatments related to improving the reality of development among those solutions to reconsider investment projects and the creation of non - oil financial resources and other measures that prompted a number of international organizations and friendly countries to express readiness The provision of support for Iraq through soft loans. But although pleased these loans and modesty its figures , but it eventually forms a burden on the economy and therefore, they need to manage efficient to achieve economic and social required feasibility,especially after the great economic success that has been achieved in the second of the current month of August represented by the entry of Iraq into money markets World after the issuance of the second external sovereign bond international on behalf of the (Euphrates) and duration of more than five years, and the sudden thing is that more than 350 companies from global investment companies competed with each other to buy the Iraqi bond,and represent these companies collectively financially set the world up to 12 Trilion dollars, while the volume of purchase orders reached about 6 trillion dollars to support (Euphrates) Iraq secured by the Iraqi government and not by any other international body as the first in Sindh (Tigris) , which safeguarded the United States government. When we talk about investment blockbuster by international reputable companies to buy Iraqi bonds, it means that the outlet funding whatever will have its Iraq contributes to the financing of the chronic deficit of the budget, as well as for moving the wheel of economic activity, and the other side will represent the economic accomplished reassuring and Chdjaaa for men business and investors to enter strongly to Iraq and participate in the reconstruction process of the liberated areas, and thus dispel all the concerns that were Taatari involved in economic affairs. But the most important is that the management of this file is the level of importance, because scored , was not easy at all but it is the product of a large and strenuous efforts made by the national team members who were carrying the spirit of national high, as well as being eminent experts see them economic arenas at the national and international levels, so It should be done to maintain this sound and direction of the destination that serves the development of the country. wowwwwwwwwwww 6 TRILLION TO BUY IRAQ BONDS.. http://www.alsabaah.iq/Article.....?ID=142165 DELTA
  3. 8-7-2017 Newshound Guru Kaperoni Article: "Keywords confirms the existence of a large and promising role for the private sector in the next phase" It seems very matter of fact that between now and end of the year they will open the banking system to facilitate investors/investment. I cannot see how they could achieve a private sector without doing so. This article states two things very clearly, "next stage" and "activating the investment side." One has to come to a reasonable conclusion that "next stage" means within 6 months. And "activating the investment side" means the banking sector simply because investment is not possible without it. I think we should look for significant changes from the CBI by end of year if not sooner.
  4. 8-7-2017 Newshound Guru Enorrste Article: "Abadi heads the first meeting of the Higher Committee for Investment and Reconstruction" What is amazing about this article is that Iraq is broke! How could they be announcing large investment projects unless they expect the money to come from foreigners? And, if the money has to come from foreigners, how would those investors take the risk unless the dinar is internationally recognized and tradable? Conclusion: open the dinar to the world!
  5. 8-7-2017 Newshound Guru Breitling A lot of people are talking about the IMF. Don’t read into this hype. What the IMF is doing is they gave loans to Iraq. The reality is the IMF is making sure that the money is fine and if they get to a situation where they are mismanaging and they can’t pay the IMF back for the loans… the IMF gets management rights. That’s it. And guess what? Iraq has not even been close to being at that stage. They pay their bills. They have plenty of money to pay their bills. It has nothing to do with if it’s going to revalue tomorrow or an indicator. Everyone get’s loans. I know millionaires who get loans.
  6. CNN. Broadcasting An Update To The Previous Disappearance Of Dr Mohammed Saleh ! Please Ignore His Pictures On The Goat's Milk Cartons - He's Now Somehow Miraculously Reappeared ! Wish The Same Could Be Said About The Previous Value To The Dinar ... Dr.. The appearance of Mohammed Saleh: * Financial strengthening of Iraq: A Vision for the years 2018- 2020 BY DR.. THE APPEARANCE OF MOHAMMED SALEH - PUBLISHED IN 03/08/2017 Dr.. Appearance of Mohammed Saleh Qaiya 6 of 1 Money buildup Dr.. The appearance of Mohammed Saleh: * Financial consolidation of Iraq: 2020-2018 vision for years 1. Introduction: Crude oil imports dominate the order and movement of three major balances in the national economy: the current account of the balance of payments (the so-called balance of payments balance, which is% of total foreign exchange flows). As well as 98% of oil flows in which the proportion of the total 92 billion dollars of the federal budget, representing oil revenues at least a year of the budget. The latter is the contribution of the oil sector to GDP components of the composition of that output. While the number of imports is not higher than between 50 and 46 billion dinars (between 8 and 2017 dollars) in the general budget estimates of 5.7 billion dinars (4 trillion dinars), including the income from property and direct revenue (Trillion dinars is necessary). In addition, if we exclude the oil resource from 1 trillion dinars, the country will go to a tripartite deficit that is difficult to dismantle. The three scales mentioned above are short due to the lack of diversity in national income sources. (Other than non-oil revenues not exceeding 1 state property, such as land and real estate) and transfer income (such as mobile phone license fees and price differences of 2% of GDP). In addition, the total tax revenues do not exceed and the income and property tax (direct taxes) is half the percentage. In total, total non-oil revenues in all cases did not exceed 1% of total actual budget revenues. Based on the above, the modern public finance of the producer and exporter countries of raw materials has created a standard for measuring the actual deficit inherent in the financial structure of the highly leveraged economies - ie, the non-oil balance, which expresses the financial (negative) All public expenditure was subtracted from non-oil revenues (the expenditures incurred on the oil sector should be deducted from the total expenditure as well as debt services because they relate to the previous financial years). Thus, the non-oil principal balance in 2007 will be about JD (2017), which is an expression of the negative or negative signal. The deficit is one percent of the country's gross domestic product, while the non-oil 5 percent is only one percent of the GDP. This has led oil revenues between 5 - 46 oil between Mart on the non - oil revenues in the public budget, which means that the country adopted 10 - 9 increase in the amount of public expenditure on oil revenues. The lack of non-oil resources in the composition of the budget has become a serious financial threat because of the construction of the federal budget on the constants of spending is difficult to dismantle, especially salaries, wages and pensions and salaries of employees of state-owned enterprises (the unemployed). As accounting for% of the total expenditure cap 50 Allocations of salaries, wages and retirement all on the proportion of the general budget of the country, which is covered by oil revenues exclusively or through internal and external, especially during the years of the previous oil recession. Only one option is financial consolidation in the two countries. Therefore, there is no choice for the short- and medium-term fiscal policy and diversification of the economy and the sources of national income through a long-term development program (2030) The need to maximize non-oil public budget resources requires education. Or the following economic factors: First: The high percentage of government spending is 46% of GDP, which means reducing this ratio in favor of the market economy and the role of the private sector in economic activity and the formation of aggregate demand. Second: The financial indicators of the country indicate the dependence of oil on oil spikes or expansion to cover public expenditures, which is not included, which requires a radical new financial reform in the installation of public radios. Third: - The opportunity to address unnecessary government expenses and expenses from support and extension to non-beneficiaries and ending with tax evasion vessels that enter incomes and wealth far from the scope of financial and social and economic goals. Fourth: The burdens of the war on terrorism and the rehabilitation of the Da'ashi and reconstruction of all areas of the infidels require a financial program that is inevitably hardened to serve the direction of financial resources towards criticism and development and to address the manifestations of waste. 2. Iraq Fiscal 2018 -2020 Features of financial consolidation P consolidation The financial policy of the current day is the search for the great opportunities for non-oil resources that make the objective of strengthening and financial adjustments required on the NOPD. The main non-oil balance measure is the level of controlling and controlling public expenditures and maximizing non-oil revenues. In order to maintain a non-oil main balance in the short term (at the level of one fiscal year) and then to take a medium-term decline, it is necessary to resort to the fiscal consolidation of the national level, The level of governorates and regions in order to seek to reduce the deficit supported the work to reduce the deficit or reduce the balance of other balance of public debt. In terms of financial and debt balance through restructuring expenses and reduce them as much as possible and maximize non-oil revenues. Is declining at a steady rate during the three years NOPD, which is to make the main non-oil balance 72-coming from its current status of (42 - to reach (2017) trillion dinars (trillion dinars in 107-100), satisfied that the ceiling of spending is about (2020) trillion dinars. And that the percentage change in the non-oil main balance towards the decline or reduction should be about%. Which means that non-oil imports will improve significantly, including taxes and fees. As a result, the direct and indirect imports and fees from the current percentage of non-oil output (ie, non-oil) must be increased to 2020%. The other factors Fixed) until the BLUE target As follows: 2018 There are practical steps to be adopted starting from the fiscal year No: The establishment of an account in the name of the public debt compensation fund to deposit any increase resulting from the improvement or price of oil above the target rate in the federal budget is used to compensate for any internal or external debts planned during the fiscal year or extinguish previous debts as the case that the dollar is a barrel 44, 4 of 2017 commitment to the current prices estimated in the supplementary budget for the year 2020-2018 of oil exported during the period. The account of the public debt relief fund receives the capital proceeds from the sale of land, the state's assets and the proceeds from the financing of the Fund's account mentioned above. Second: The adoption and expansion of the system of outsourcing at the level of customs and international companies are careful to ensure the efficiency of inspection and collection and customs clearance, which maximizes the sovereign resources of the state. Lead to lower cost of imports and eliminate systemic and other corruption as well as maximizing public resources. Thirdly: Adopting the outsourcing system on the tax system of small units that are authorized to grant licenses to the civil companies to open tax collection outlets, and to adopt a system for small taxpayers to ensure collection and raise its efficiency and keep away from flat rate. Collection points. Such as wages, municipal fees and others With the private sector in the distribution of electric power to be the following: Expansion of the system of evil 2018 years in the provisions of the Budget and Budget Law, Finance is the starting point to cover all areas of the country 2018. Fifth: Legislation of the sales tax law by calculating the tax on the final value of the service, provided that the steps and the gradual financial regulations are taken in order to avoid complicating the tax system of sales tax, for example, exempting food, building materials and others in the first stage. Sixth: Improve the management of the collection of fees (non-sovereign) and wages approved in accordance with the article of the law to be established a clear and transparent accounting system shows the 2017 movements of the federal budget for the year and expenses and disbursements in all spending units and provide the balance of financial account movement and assets monthly. Seventh: To develop the fuel support system and limit it to poor consumption classes through social welfare programs. The state-owned and fuel-producing state companies should maintain a cost accounting system that explains the actual costs of production and avoids the manifestations of "free ride" in the collection of unrealistic profit. O unrealistic pricing of refined crude oil and marketed internally (*) Financial and Economic Adviser to the Prime Minister http://iraqieconomists.net/ar/2017/08/03/link
  7. And FYI - Both The PowerBall And Mega Millions Are Now Over $300 Million ! So In Spite Of Ur Name Stating The Odds - Maybe One Of These Extreme Long Shots Including The Dinar Might Actually Pay Off !
  8. CNN. Broadcasting While Setting The Delorean Time Machine For 2006 ! Marty - Hit The Flux Capacitor ! Note Date http://abcnews.go.com/US/story.....038;page=1 Betting Millions on Iraqi Money By TOM LANE Sept. 15, 2006 The odds are debatable, but many people around the world have wagered that the new Iraq will flourish and democracy and free-market capitalism will thrive there. Some have even put money on that bet. Phil Lloyd of Devon, England, 41 years old and unemployed, is one of them. A simple typing error while surfing the Internet gave him the idea to bet on Iraq and, perhaps, become a millionaire overnight. Searching for a dinner set on eBay one evening in 2003, Lloyd misspelled the first word and found himself looking instead at a page of "dinar" auctions: wads of the new Iraqi dinar, introduced that year. Some of the listings claimed this was potentially a dynamite investment: Buying into the Iraqi currency at its historically low exchange rate would hold the potential for an enormous profit in the future. After some Web-based research, Lloyd decided purchasing hard-cash dinars on eBay was a "good risk." He explained, "Since I live on a council estate [the British subsidized, low income housing] and know I won't be rich at all in my life, I decided to give it a go." By purchasing roughly 25,000 Iraqi dinars at regular auctions, he is now a dinar multimillionaire. But will the Iraqi economy improve enough that Phil Lloyd's millions of dinars will eventually equal millions of dollars? 'Dinar-holics' Lloyd is far from being the only investor to gamble on an improved economic situation in Iraq. In 2003, the Bush administration argued that the military operation in Iraq would be largely self-financing, because of Iraq's enormous untapped oil reserves. After the fall of Saddam Hussein and the introduction of a new Iraqi currency, the former dinar-dollar rate of 3-1 altered to roughly 1400-1. The Baathist regime had set the 3-1 rate, but it had never been tested on the open market. In the face of a prospective flood of international assistance and Iraqi enthusiasm for rebuilding the country, though, this detail didn't worry many investors. An increase in the dinar's worth seemed inevitable. Buying dinars at 1400-1 seemed like a great investment if the Iraqi currency exchange rate returned to 3-1, or even 1-1. Buying up as many dinars as possible as quickly as possible seemed the only rational thing to do. Many of these investors, or "dinar-holics" as they're sometimes dubbed, have connections to -- or experience as -- military or contractor personnel in Iraq. Others found out about the investment in much the same way Lloyd did: They stumbled across the idea on Web sites like BetOnIraq.com. Lloyd and several thousand others discuss their investments on investorsiraq.com, a message board forum in which members use shorthand forum names to chat, gossip, exchange information, and offer encouragement. One regular exhortation for courage compares the Iraqi dinar's potential rise in value to the rise of the Kuwaiti dinar after the 1991 Gulf War. Following that war, the enormously devalued Kuwaiti dinar rallied steadily, bringing substantial returns to anyone who had bought the currency while its price was low. The deutsch mark's rise after World War II, with West Germany rising as the economic phoenix from the ashes of a vanquished, oppressive regime, is also a point of comparison for the dinar investors. The Threat of Civil War But these lofty historical parallels often seem further out of reach, especially as military or diplomatic leaders worry openly about a descent into full-scale civil war in Iraq. Rather than history repeating itself for the benefit of investors, increasing sectarian violence suggests Iraq could be closer to James Joyce's maxim, that history is a nightmare from which we are trying to escape. Reaction to the growth in sectarian fighting has varied among the dinar-holics. Some have crumpled in the face of overwhelming negativity. A member dubbed "Skillet" wrote with almost paranoid exasperation on the Iraq investors message board that "Since I made the move to invest, I have come to the realization that quite possibly this could be yet another ploy to take advantage of the American people." Others remain optimistic but increasingly cautious. Forum member "Ferrari500" of Columbus, Ohio, told ABC News that although "I know we won't make the millions we were told we would," he still expected to make "some serious money on my investment." Another Ohio investor wrote that he took a similar but humorous approach. "WebGuy75903" told ABC News that although he still believed investing was a "no-brainer," he tried to keep it in perspective. Knowing that in the worst-case scenario of an Iraqi civil war and national breakup, his dinar collection could become worthless. But he could still say to his wife with every newly arrived order of dinars, "Honey, our pretty wallpaper came today!" Many of the investors appear to fall in this category: people whose initial expectations have dampened somewhat but who continue to hold hope for the future. They expect this to be a long-term investment. They bank on Iraq not falling into civil war, on the violence diminishing, and on -- essentially -- a positive response to the choice Gen. Peter Pace posed for Iraqis in a recent U.S Senate hearing: to decide "whether they love their children more than they hate their neighbor." The Financial Version of the Rapture There are some investors, however, who accept this onslaught of bad news as a kind of gantlet -- a fire though which those with courage shall pass but will leave the faithless singed. Many hold that a "re-pegging" of the dinar rate is imminent. They expect that the authorities will soon set the dinar-dollar rate at something far more favorable. If that were to occur, those who maintained their faith will be millionaires; those who buckled in the face of adversity will have missed their opportunity. With its religious intensity and scorn for nonbelievers, this belief is almost the financial equivalent of the rapture. Some members of investorsiraq.com, such as "Charmed Piper," seem true believers to the bone, frequently predicting a "1-1 or higher" dinar-dollar revaluation "any day now." Another member, "Taxmama," the proud owner of 31 million Iraqi dinars, wrote to ABC News saying that she expected the Iraqi government to repeg the dinar to the dollar at around 100-1 later this month. This, however, would just be the beginning. "When it starts out small, it will only grow. Most feel it should easily reach one U.S dollar per dinar by one year." Rumors of a coming repeg fly around the Internet regularly. William Murray, chief press officer at the International Monetary Fund, says his office receives calls "on a relatively regular basis" from people inquiring about "a whole raft of speculative stories" they seem to have discovered online. Murray tells each caller that the IMF would not have a hand in any putative revaluation, and told ABC News that he suspected these rumors are fabricated by dinar sellers to "influence" people into buying more. Many postings in the Investorsiraq.com forum suggest there is some truth to this, and that dinar-sellers prey on this hope. But heavy-handed sales tactics do not seem to account for all the true believers. "I am WANTING REAL BAD to retire," the member known as "Taxmama" told ABC. Many have similar aims: putting the kids through college; finishing off the mortgage; creating a financial pillow while setting up their own businesses. For some, the dinar investment is also political. Sean Malowney, a self-described prowar investor, argues that supporters of the war like him need to "put their money where their mouths are." What finally sold him on the investment, Malowney said, joking, was the prospect of "the everlasting ability to say, 'I told you so.'" He recalled that on discovering the dinar investment opportunity, "visions of driving a new car with a personalized license plate of BUSH CO or WARBUX danced in my head." Many investors, however, would take exception to the WARBUX implication. They would say, rather, that they are profiting from -- and contributing to -- peace within Iraq. One poster on the Iraq investors Web site who calls himself "Darkring" hoped that ABC News would emphasize that most dinar-holics are "trying to help out in our own small way by investing our money into Iraq." This opens a door on the thinking behind what drives many who believe in the wisdom of investing in the dinar: The investment just feels as if it ought to be right. After all, the tale of the little guy taking a big risk, flying in the face of conventional wisdom but winning holds great emotional resonance. The core of the "sudden repeg" belief is a magic combination of virtue, courage and hard profit. A Reality-Check Sadly, like many a get-rich-quick scheme, the dinar investment plan may be a nice idea that crumples in reality. First, as several members of the Iraq investors online forum observe, if there was to be an overnight 1-1 revaluation, ordinary Iraqis would wake up to find their currency had ballooned in value, and there would surely be utter chaos. The writer and economist Paul Ormerod, author of "Why Most Things Fail," said that some may be overly optimistic about the dinar's prospects in order to gain quick wealth. If the dinar did indeed hit a 1-1 level in the near term, Ormerod said this would come from a "redefinition of the currency" rather than a genuine appreciation in value. Rather, a new lower currency would be introduced, and the old currency traded in for that. The appropriate historical parallel would not be the West German deutsch mark or the Kuwaiti dinar but France's transition to the "new franc" in the late 1950s/early 1960s, in which one new franc was worth 100 old ones. Needless to say, no one stands to make a windfall from that scenario. A Long Term Prospect? Ormerod noted, however, that the difference of opinion on the dinar's future may help true believers. Simply put, he said, "If the dinar-holics succeed in converting everyone to their view, they won't be able to cash in their investment. If literally everyone thinks the dinar will go up and up, no one will ever sell." Given that one can usually buy 1 million Iraqi dinars for less than 1,000 U.S. dollars, the dinar game could still be of interest to optimistic -- and patient -- investors. Experts at the currency conversion site www.XE.com note that "in our opinion, buying the Iraq dinar is a high-risk investment with a poor outlook." But to some investors, the lure of proving doubting experts wrong can be as strong as the prospect of the eventual reward. And, of course, some will invest because they simply cannot shake the fear that if they failed to join the dinar project, and it did eventually pay off, they'd kick themselves forever. "Ozizoz," a 33-year-old Los Angeles carpenter, posted on www.investorsiraq.com bemoaning that he was always working in the houses of people who had cashed in on deals he too could have entered if only he had heard about them earlier. "I have always been looking in the window from the outside," he wrote. "Now this is my turn ... my time to be one of 'those people.'" It would be heartening for these investors and for Iraq if their hunches were to prove correct and optimism triumphed over the nay-saying experts. But few expect that positive outcome to happen, literally, overnight.
  9. 8-5-2017 Newshound Guru Kaperoni Article: "Iraqi bonds are offered in the Irish market at a rate of 6.752% per annum" [Can they do this if the currency isn't internationally recognized?] Sure they can...they sell them in dollars. ...keep in mind the dinar is internationally recognized as it is the currency of Iraq. There are no restrictions preventing a banking institution from converting it if they so choose to do so, they just don't because because the CBI is in Article XIV. Until they meet the requirement of Article VIII and accept those conditions, the worlds financial system will mostly stay clear of it. Think of Article VIII as a standard to participate, not a requirement.
  10. See The Delta Post 7 Posts Above - He Explains The Historical Precedent Where Another Country Was Accepted Into Chapter VIII 10 Days Before The Press Release ! Now Go Get Some Bailly's In Ur Coffee And Carpe Diem !
  11. Somebody Needs To Call A Sturgeon Or Take This Stupid Worthless Currency Off Of Life Support (pegged to the dollar) ! Now Where's Our Resident Genius Brain Sturgeon LGD To Weigh In ...
  12. CNN. Broadcasting After Falling On My Hip Flask And Hoping To Avoid A Bloody Moon ! The bloody moon appears on Monday in the sky ... and the world eagerly awaits 06-08-2017 04:42 PM On Monday, people on Earth are looking for a rare cosmic phenomenon called the 'bloody moon'. The moon will be fully visible and will become reddened in a few days. The moon, which will be at its peak at 02:12 pm over parts of the United States, is known as the Sturgeon, compared to the sturgeon, which is easy to catch at this time of year. The 'bloody moon' will also be clearly visible in the Arab region because of the cool weather these summer days. The US fishing tribes of Badr in August launched this name; the availability of this species of sturgeon fish in large quantities during this month. Native Americans - who knew the season according to the lunar calendar - were called "green corn", "grain moon" and "red moon" because of its red color. Traditionally, several names have been launched on the moon, including the Wolf Moon in January, the Snow Moon in February, the Worm Moon in March, the Pink Moon in April, the Moon in May and the Strawberry Moon in June. http://www.dijlah.tv/index.php.....;id=198219
  13. https://www.imf.org/en/News/Articles/2015/09/28/04/53/pn9740 Press Information Notice: The IMF Executive Board on December 3, 1997 concluded the 1997 Article IV consultation with Tanzania Good info- implementation is key word . *********************** [PDF]IMF Annual Report 1996 - Article IV Consultations International Monetary Fund › 96 › part10 ... ARTICLE IV CONSULTATIONSCONCLUDED IN FINANCIAL YEAR 1996. *************************************** https://www.imf.org/external/country/TZA/index.htm?pn=0 LOOKING AT TIME LINES December 23, 1997 -- Press Information Notice: The IMF Executive Board on December 3, 1997 concluded the 1997 Article IV consultation with Tanzania Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies. December 04, 1997 -- Press Release: IMF Approves Second Annual Loan for Tanzania Under ESAF January 23, 1997 -- Tanzania - Selected Issues and Statistical Appendix Series: IMF Staff Country Report No. 96/133 November 08, 1996 -- Press Release: lMF Approves Three-Year ESAF Loan for Tanzania July 25, 1996 -- Press Release: Tanzania Accepts Article VIII Obligations February 06, 1996 -- Tanzania - Statistical Appendix Series: IMF Staff Country Report No. 96/2 Notes: This statistical appendix on Tanzania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Tanzania, or the Executive Board of the IMF.
  14. CNN. Broadcasting While Fumbling For The Gear Shift To Move This Camel Forward ! 8-5-2017 Newshound Guru Breitling You guys have to understand the way they set this up for it to move forward… [when] they put the currency [dinar] out, the first thing they did was to dampen it down. It’s not a market rate ladies and gentlemen… They artificially kept it down… the pressure they are fighting against is going to cause it to go back up. it’s that simple….What did Iraq use to push the value of their currency down? They used the U.S. dollar…That’s what artificially helped keep the dinar down. The justification Report…went to…the Ministry of Finance, the Ministry of Planning and the CBI and specifically said that we want to get it back to $3. This is well recorded… 8-6-2017 Newshound Guru Breitling …it’s in their parliament. The justification report to get to that stage was it needs to get to $1.13 before that so they can stage the economy correctly so they can get to the $3 rate again. This report was put out by parliament…the whole idea behind it was the justification for an exchange rate adjustment. So it’s staged and the four stages are 1. Putting U.S. dollars into the Iraqi economy so the people have a solid currency. 2. Reestablish their currency [The dinar]. 3. Through that currency and through the exchange rate reestablish their economy…get their economy to a $1.13 or around a dollar. 4. And then from $1.13 they can get to to the $3 range.
  15. From Delta ... HELLO FAMILY: THIS IS AN EXAMPLE OF TANZANIA WHEN THEY DID ACCEPTS ARTICLE VIII BACK ON 1996. THE PRESS RELEASE CAME OUT ON JULY 25, 1996, BUT THE AFFECTIVE DATE WAS JULY 15,1996. SO THE IMF WERE NOTIFIED 10 DAYS BEFORE THE PRESS RELEASE. Press Release: Tanzania Accepts Article VIII Obligations July 25, 1996 The Government of Tanzania has notified the International Monetary Fund (IMF) that it has accepted the obligations of Article VIII, Sections 2, 3, and 4 of the IMF Articles of Agreement, with effect from July 15, 1996. IMF members accepting the obligations of Article VIII undertake to refrain from imposing restrictions on the making of payments and transfers for current international transactions or from engaging in discriminatory currency arrangements or multiple currency practices without IMF approval. A total of 130 countries have now assumed Article VIII status. Two of the purposes of the IMF, as stated in its Articles of Agreement, are to facilitate the expansion and balanced growth of international trade, and thereby to contribute to the promotion and maintenance of high levels of employment and real income; and to assist in the establishment of a multilateral system of payments in respect of current transactions between IMF members. In seeking to achieve these objectives, the IMF exercises firm surveillance over the exchange rate policies of its members, and oversees the elimination of exchange restrictions which hamper the growth of world trade. By accepting the obligations of Article VIII, Tanzania gives confidence to the international community that it will pursue sound economic policies that will obviate the need to use restrictions on the making of payments and transfers for current international transactions, and thereby contribute to a multilateral payments system free of restrictions. DELTA
  16. (by don961) : Iraq issued a sovereign bond {Euphrates} 06/8/2017 12:00 am Baghdad / Hussein Thugb In a move that strengthens the confidence of the world in Iraq and for the first time the intervention of the Republic of Iraq itself to promote and abuse the Iraqi international debt in the global capital market for debt, Financial Advisor to the Prime Minister Dr. The appearance of Mohammed Saleh confirmed to the "morning" that the sovereign international sovereignty of Iraq bears the name "Euphrates" and the value of $ 1 billion issuances, pointing out that this measure gives a strong signal to investors to deal with Iraq with high confidence, as well as the possibility of funding the general budget flexible external or international Are global financial markets and not multilateral financial institutions or institutions. He pointed out that the important thing in this subject is the confidence of investors in the Iraqi economy and the strength of the national economy promising victory in the front of the war on terrorism, and we are now reaping the results of the victory really. Saleh Bin said that the number of international investment companies that have offered to buy and compete against it amounted to about 350 global investment companies with investment portfolios of more than 12 trillion dollars and have applied for (buy) and approached the barrier of $ 6 trillion oversubscribed, including the Abu Dhabi Investment Fund and the Monetary Fund And the Education Fund in California, one of the wealthiest funds in the US West Coast and the world. He confirmed that the sale took place on Wednesday, 2 August 2017 in London by the underwriters and the bond was registered for sale and purchase in the Irish stock market, using the standards of the European Union, one of the most easy and efficient financial markets, and the lowest category of bond is 200 thousand dollars and multiples . He pointed out that the interest paid half a year and thus issued by the Republic of Iraq in 2017 successive international sovereign debt syndicates linked to trading in the international capital market until the first day (Tigris) benefit of 2, 149% value of issuances 1 million dollars guaranteed by the US government. Today, the second sovereign bond (Euphrates) secured by the Government of the Republic of Iraq has been issued and classified as B-credit and carries interest at about 6, 75%, which is less than the Iraqi international bond traded in the secondary secondary markets since 2006 (to settle the debts of the Paris Club trade name 20 - 28 and its benefit or yield it at 7, 6% currently. He explained that the average annual interest rate on the Tigris and Euphrates versions (blinded according to the wacc is 4.4% per year). http://www.alsabaah.iq/Article.....?ID=142043
  17. 8-4-2017 Intel/Newshound Guru tman23 "Iraq studies oil swap for reconstruction 1st August, 2017 Iraq's oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States..." THIS FITS THE NARRATIVE FOR THE IQD SPECULATORS WHO WERE OF THE MINDSET THAT THE IQD WOULD BE HELD FOR OIL CREDITS BY FOREIGN GOVERNMENTS...
  18. It's A Totally Misleading Headline - They're Talking About A Camel Stable ...
  19. It Was From The Smell After The First Runner Up Got Robbed - And 'Unloaded' On The Judges !
  20. The First Runner Up Was A Camel ! Who Should've Won In The First Place - But The Announcer Steve Harvey Blurted Out The Wrong Name !
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