More than 5 trillion dinars distributed among citizens

[Frangipani]

More than 5 trillion dinars distributed among citizens

News Network Nasiriyah - 06/10/2013 - 10:18 p | Hits: 23

 

Agencies: 
announced the Finance Committee that the distribution of 25 percent of the surplus oil revenues among citizens would be abundance derived from the year 2012, that ability by 22 trillion dinars. Committee member Abdul Hussein al-Yasiri said in a statement to the "Center Brief for the Iraqi Media Network": that "abundance which is supposed to be distributed, including 25 percent of oil imports between citizens must be from the 2012 budget, on the grounds that it was calculated the financial savings at the end of last March and can be confirmed in the case of financial abundance or deficit, while not being calculated as stated in the budget of 2013 yet. provides the budget year 2013 as follows: "allocation accounted for 25 percent of the budget surplus in 2013 and distributed to slide due from the poor and deprived of the Iraqi people, according to the guidelines and specific mechanisms established by the Council of Ministers by Mahromep and the ratio of the population of the provinces and the region." between Yasiri the fiscal deficit in the budget are repaid and then take the remaining funds to be distributed as surplus between citizens and by percentages prescribed in the mechanism, noting that state if you want to calculate the imports this year should be the end of June, the current and such a thing is not possible and is not recognized in the calculation of money or oil imports., in turn, estimated Committee member Magda Abdel-Latif al-Tamimi amount of savings of oil that have been achieved over the past year at $ 22 trillion dinars. said Tamimi's "Center Brief for the Iraqi Media Network": that the Commission has calculated the savings of oil that have been achieved during the year 2012 for the period from the beginning of year until the thirty-first of October, reaching 22 trillion dinars. 

According to figures cited by al-Tamimi, it will be distributed to 5 trillion and a half trillion dinars among citizens, or 25 percent of the 22 trillion dinars. 
extensive details

 

Announced that the Finance Committee that the distribution of 25 percent of oil imports between citizens would be abundance derived from the year 2012, while the estimated size of the savings achieved over the past year to 22 trillion dinars. 
said committee member Abdul Hussein al-Yasiri for a coalition of state law, in an interview for "Center Brief for network Iraqi media ": that the abundance that is supposed to be distributed, including 25 percent of oil imports between citizens must be from the 2012 budget, on the grounds that it was calculated the financial savings at the end of last March and can be confirmed in the case of financial abundance or deficit, while not being calculated policies included in the budget of 2013 so far. 

 between the fiscal deficit in the budget are repaid and then take the remaining funds to be distributed as surplus to citizens and by percentages prescribed in the mechanism, noting that state if you want to calculate the imports this year should be the end of June, the current and such It is not possible and is not recognized in the calculation of money or oil imports.

 
cautioned Yasiri that there is a law put in the budget guarantees the rights of all citizens in the distribution of 25 percent of the surpluses of oil imports at any time was still calculated to be amounts of good compared to the situation of living in Iraq. 

turn estimated a member of the Finance Committee parliamentary Magda Abdel-Latif al-Tamimi for the Liberal bloc that the amount of savings of oil that have been achieved over the past year amounted to 22 trillion dinars. 
said Tamimi said in an interview for "Center Brief for the Iraqi Media Network": that the Commission has calculated the savings of oil that have been made ​​during the year 2012 for the period from the beginning of the year until the atheist and the thirtieth of October, reaching 22 trillion dinars. 

Meanwhile, a member of the Committee Jaber Al Jabri for the Iraqi List, the calculated savings of oil imports from the jurisdiction of the Ministry of Finance. 
said in an interview for "Center Brief for the Iraqi Media Network "The accounting department in the Ministry of Finance are calculated oil imports, depending on world prices and how much exchange of them, and he is not so far calculated surplus of imports and identify 25 percent of them to be distributed among the citizens. 

Minister of Planning Dr. Ali Yousif Al-Shukri had said in an interview earlier "morning" had been put mechanisms to distribute 25 percent of oil revenues among the people. 
said Shukri said the Ministry of Planning and developed mechanisms to distribute accounted for 25 percent of the surplus oil imports after account deficit, expressing his belief that there is a surplus on the grounds that the budget is calculated to the end of June of each year, and after this date, all amounts are considered surplus. 

, adding that the amount that will come to the Iraqi people may not be great, but we Nchaara reassured that happened during the first year of a sum of money from a surplus of oil imports, expressing the hope that the ratio in the coming years is greater than that. 

and alerted to the existence of mechanisms for the distribution of these funds first, depending on the ration card, but our concerns and problems because many of the recipients of the ration card items are ineligible to her, suggesting that the second mechanism is based on social security, but that the caveats on the grounds that there is worthy of this salary and did not get it and there is not eligible, but they remuneration, explaining that this point will be discussed and hopefully in the first year that the percentage of the 25 percent of oil imports to the beneficiaries, because we believe that the project performs well and succeed if it reached those amounts to the beneficiaries. 

Minister stressed that the planning work actively in the implementation of this experiment during this year in cooperation with the Ministry of Finance and the House of Representatives. 
Source: morning

 

http://www.alrafedain.net/index.php?show=news&action=article&id=103221

[SgtFuryUSCZ]

***///

 

an "experiment", huh.....

 

sigh.

[10 YEARS LATER]

 sigh

[icfaith]

So lets see.  5 trillion dinars at current value of 1166 dinars to a US Dollar, divided to the population of Iraq which is approx. 31.23 million people.  This would give each Iraq person 160102 dinars which at the current rate is the equivalent of $137 each.  Not a lot to live off of for sure.

[chess]

.....If nothing else, use our paper Dinar money to make/sell Iraqi Monopoly sets.  Try not to land on many of the blown up properties, as you round the board!

[10 YEARS LATER]

So lets see.  5 trillion dinars at current value of 1166 dinars to a US Dollar, divided to the population of Iraq which is approx. 31.23 million people.  This would give each Iraq person 160102 dinars which at the current rate is the equivalent of $137 each.  Not a lot to live off of for sure.

Hmmm . . . that song " we're in the money, the skys are sunny " comes to mind. Not really.

 

How far can U stretch $137 these days in Iraq ? Not far I'll wager. . . sad.

 

Gee, maybe they have some super top secret plan to RV real soon and then the Iraqi people will have a quality of life & a currency they can be proud of. All those IQD investors could rejoice with realizing long awaited financial opportunities and International investors could . . . Naw !

 

Got carried away there for a minute . . . foolish me,huh.

[hame55]

Hmmm . . . that song " we're in the money, the skys are sunny " comes to mind. Not really.

 

How far can U stretch $137 these days in Iraq ? Not far I'll wager. . . sad.

 

Gee, maybe they have some super top secret plan to RV real soon and then the Iraqi people will have a quality of life & a currency they can be proud of. All those IQD investors could rejoice with realizing long awaited financial opportunities and International investors could . . . Naw !

 

Got carried away there for a minute . . . foolish me,huh.

If there really are trillions of dinar out there, no real RV is likely. Trillions are trillions.

[sandfly]

YEP