Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Search the Community

Showing results for tags 'between iraq and a hard currency !'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Welcome to DinarVets!
    • Rules, Announcements & Introductions
    • Questions and Tech Support
  • VIP Area
    • VIP Section
    • VIP Section
  • Iraq Topics
    • Iraq & Dinar Related News
    • Dinar Rumors
    • RV & Dinar Questions
    • Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
    • Chat Logs
    • ISX (Iraqi Stock Exchange)
    • Warka and Iraqi Banking
    • Dinar-ify me!
    • Buying and Selling Dinar
    • LOPster tank
    • Debate Section
  • General Topics
    • Off Topic posts
    • Natural Cures and Health Talk
    • Politics, 2nd Amendment (Gun Control)
    • Iraqi Inspiration and Stories of our Soldiers
    • World Economy
    • Music Videos etc
    • DV Weekly Powerballs.
  • Investing
    • Forex Discussion
    • Penny Stocks
    • Wall Street
    • Gold & Precious Metals
    • Foreign Currencies
    • Tax Discussion
    • Investment Opportunities and Wealth Management

Calendars

There are no results to display.

There are no results to display.

Product Groups

  • VIP Membership Packages
  • OSI Products
  • Just a Text
  • RV Intel and the Cash In Guide!

Genres

There are no results to display.

There are no results to display.


Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Phone Number (for VIP text message)


AIM


ICQ


Jabber


Location


Interests


Biography


Location


Interests


Occupation


My Facebook Profile ID


My Twitter ID

Found 1 result

  1. CNN. Broadcasting The Bid For Cancelling The Auctions ! Canceling the currency auction, reducing borrowing, and “isolating” the central bank’s reserves ... the most important thing for hard currency in the 2021 budget 2021-02-08 Yes Iraq: Baghdad Today, Monday, the Parliamentary Finance Committee revealed a tendency to cancel the currency auction, while indicating that the Central Bank's reserves will not be affected in the general budget for 2021. The committee's reporter, Ahmed Al-Saffar, said in statements to the official agency and its affiliate, Yass Iraq, that “when the draft budget is approved in the House of Representatives voting session, it becomes a binding law for the government and enforceable,” indicating that “the Ministry of Finance then issues instructions within a week or two to send to ministries to facilitate The budget execution process ”. He added that "the budget deficit was reduced from 71 trillion to 24 trillion only, as the lending scheme deducted the treasury transfers to the central bank 47 trillion, but we reduced it to only two trillion, if the price of a barrel of oil remained at 45 dollars," noting that "the deficit will disappear soon." The government will have an abundance of money if the price of a barrel of oil remains high. Al-Saffar stressed that "the Central Bank's reserves will not be affected at all in this budget, as we have reduced borrowing and canceled foreign loans." The decision of the Finance Committee indicated that "there is a tendency to cancel the currency auction because it does not exist in all countries of the world except in Iraq," explaining that "the currency auction mechanism is incorrect, and hard currency is supposed to be given to actual importers, students, professors, and patients who travel outside the country and not to banks." “. Al-Saffar indicated that "there is an increase in social care because large numbers of them were included, with the private sector participating in employing the unemployed," noting that "the budget carries a clear economic and social vision." He stressed that "the committee will hold a meeting with the political blocs to bridge the gap in views and come up with the draft budget that can be passed easily under the parliament." Regarding the exchange rate of the dollar, Saffar pointed out that "the exchange rate is exclusively within the authority of the Central Bank, and it is not possible to interfere in its work as it is responsible for the monetary system, the monetary mass, the exchange rate and the cash reserve. link
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.