Government Is Moving Toward Raising The Value Of The Dollar To 200 To Cover The Salaries Of Its Employees!

[DinarThug]

CNN. Broadcasting A Source In The Finance Committee Who Refused To Reveal His Name - Oh, That Guy Again...

Government is moving toward raising the value of the dollar to 200 to cover the salaries of its employees

01/05/2016

Tomorrow Press / Baghdad: heading the Iraqi government, during the current year to raise the value of the dollar against the Iraqi dinar to 200 thousand dinars for every $ 100, instead of 120 thousand dinars, including an attempt to cover employees' salaries.

A source in the Finance Committee of the House of Representatives, who declined to reveal his name, in an interview for "tomorrow Press", "The central government has received proposals by some parliamentary bodies and a number of ministers, requires raising the value of the dollar to 200 thousand dinars per hundred dollars, in order to fill The cover staff salaries, which have become the government unable to pay in light of the continuing decline of oil prices. "The source added that" the only aggrieved of this procedure is the employee, where the prices of goods will rise in full, as the Iraq imports simplest things from abroad because of the lack of local industries and the payment of such goods prices. "

http://alghadpress.com/ar/news/44197/%D ... 9%87%D8%A7

[Laid Back]

I believe this articles are to create FEAR in the population and currency speculators.!

Maybe this is another adjustment, no a devaluation.. Hahaha.!

Just my opinion.!

[newbieDA]

he warning everyone, he hates the idea I think

 

I think Zebari sent out a warning too

[Gypsygirl11]

I like your optimism LB but the currency speculators are just a drop in the bucket to the big scheme of things. This year will be interesting - Its do or die for Iraq. With all the interest from outside sources trying to help them with loans and what not, I still have faith that we all will come out ahead.     Darkest before the dawn.

[djgabrielie1]

Much like most of the articles that come from Iraq's rag Tomorrow Press. Total BS.

 

I think I'll go pick up a copy of the National Enquirer to see if Aliens have taken over Baghdad or some such. I'm sure that they have after wasting time reading this.

[RV4CandyMan]

[docneedles]

CNN. Broadcasting A Source In The Finance Committee Who Refused To Reveal His Name - Oh, That Guy Again...

Government is moving toward raising the value of the dollar to 200 to cover the salaries of its employees

01/05/2016

Tomorrow Press / Baghdad: heading the Iraqi government, during the current year to raise the value of the dollar against the Iraqi dinar to 200 thousand dinars for every $ 100, instead of 120 thousand dinars, including an attempt to cover employees' salaries.

A source in the Finance Committee of the House of Representatives, who declined to reveal his name, in an interview for "tomorrow Press", "The central government has received proposals by some parliamentary bodies and a number of ministers, requires raising the value of the dollar to 200 thousand dinars per hundred dollars, in order to fill The cover staff salaries, which have become the government unable to pay in light of the continuing decline of oil prices. "The source added that" the only aggrieved of this procedure is the employee, where the prices of goods will rise in full, as the Iraq imports simplest things from abroad because of the lack of local industries and the payment of such goods prices. "

http://alghadpress.com/ar/news/44197/%D ... 9%87%D8%A7

Another whining baby story. Oh, you are such a drama queen. wha wha. O.k are you thorough crying, you baby? pass the HCL, pump some oil, quit letting the tribal leaders write your whiny baby articles and get on with a real government that takes care of its poor people.

[SgtFuryUSCZ]

Another whining baby story. Oh, you are such a drama queen. wha wha. O.k are you thorough crying, you baby? pass the HCL, pump some oil, quit letting the tribal leaders write your whiny baby articles and get on with a real government that takes care of its poor people.

***///

 

Now ya'll do as the nice DOCTOR sez and nobody'll git hurt !  

     We've been tellin' 'em fer years now, DOC... maybe they'll listen to you ! Sic 'em, DOC ! 

[jeepguy]

mmmm   maybe  ,  jus   maybe ,  they are saying  2.oo per dinar !      you know how they get  things turned around  in translation     

[SgtFuryUSCZ]

***///

 

JEEPster... are ya sayin' a 25k Dinar note could be worth 50k USD...? 

cuz if'n ya are...  we luvs ya !  

[calkid11]

Thank you Thugs

[Boozer]

Another    article , That's about a 50% drop in price of the IQD...They must be in a Big hurry to pull in the Dinar.. IMF, WB ,must be on there azz to get something done..They need money and they need it now..JG cant help them .

[jg1]

Another    article , That's about a 50% drop in price of the IQD...They must be in a Big hurry to pull in the Dinar.. IMF, WB ,must be on there azz to get something done..They need money and they need it now..JG cant help them .

Sorry, no help here. Oh, not jg1 just JG. ok got it.

Sorry, no help here. Oh, not jg1 just JG. ok got it.

Looks like the same old scenario. The rich get richer and the poor get poorer. They are taking from the citizens and giving to the government officials.

[keylime]

Time to buy some more if this happens

[DinarThug]

Time to buy some more if this happens

Does Anybody Have Sterling's Number So That I Can Pick Up Some More Reserves...

[new york kevin]

Umm, NO. 

 

Not the safest way to lower the note count. Wouldn't help with inflation issues. Pay them all strictly electronically and show the people how good that would be.

[sandfly]

1800 666 JAIL

[DinarThug]

Does Anybody Have Sterling's Number So That I Can Pick Up Some More Reserves...

1800 666 JAIL

ARE THEY SHARING A CELL WITH TONY ?

[SnowGlobe7]

one brain cell per person please

[chinadawg]

ARE THEY SHARING A CELL WITH TONY ?

:D

and don"t forget DC, FUNNY HE QUIT THE tony SHOW THE SAME TIME sterling WENT AWAY.

[DinarThug]

and don"t forget DC, FUNNY HE QUIT THE tony SHOW THE SAME TIME sterling WENT AWAY.

He's Teaming Up With American-Contractor And They're Calling Their New Show 'AC/DC'...

And Just Like With Tony - They Go Both Ways ...

[DinarThug]

It Looks Like They're Now Denying The Lowering Of The IQD Rate Against The Dollar !

 

         

 

 

Are you up to the dollar exchange rate thousand dinars ?!

01/08/2016 18:08:00

MP Ahmad Haji
At a time when the news media covered, news about the federal government's intention to increase the exchange rate of the US dollar against the Iraqi dinar, the parliamentary finance committee denied, the government seeks to increase the dollar's exchange rate against the dinar for up to 2,000 dinars per dollar.

He said the decision of the Finance Committee MP Ahmad Haji's PUKmedia on Friday, January 8, 2016, that this speech is contrary to the fact that price of the dollar against the dinar will not be up to 200 000 dinars for one hundred dollars, pointing out that there was a project taught by the Central Bank and the Federal Cabinet, the Finance Committee Taatdras subject, a review of the dollar exchange rate against the dinar.

The MP Haji that it is still a project under study and no decision, where they are studying Is Iraq could reconsider in the exchange rate, and whether it is in the Government's interest or detrimental to the citizen ?, noting that a review of the exchange rate would be the government's interest but hurt the citizen, as this will increase the exchange rate to runaway inflation, and an increase in commodity prices, stressing the need to take it into consideration and study of all aspects of the project, before making any decision.

And the deputy Haji that a review would be an increase of the dollar, a decline in the price of the dinar against the dollar, because the government can not raise the price of the dinar against the dollar, at the time of its imports in dollars and expenditure in dinars, pointing out that the increase in price of the dollar is what is the benefit to the government.

http://pukmedia.com/AR_Direje.aspx?Jimare=76578

[DinarThug]

Parliamentary Finance: a project to reconsider the price of the dollar exchange under thousand dinars
History of edits:: 2016/1/8 19:13 • 
[baghdad-where] 



the parliamentary Finance Committee unveiled a project to reconsider the dinar exchange rate against the dollar with the government and the central bank,denying talk about the quest to deliver to the dollar exchange rate thousand dinars.

He said the decision of the Finance Committee MP Ahmad Haji Friday, "This speech is contrary to the fact that price of the dollar against the dinar will not be up to 200 000 dinars for one hundred dollars, pointing out that there was a project studied by the Central Bank and the Council of Ministers, and the Finance Committee, toreconsider the exchange rate The dollar against the dinar.

The MP Haji that it is still a project under study and no decision, where they are studying Is Iraq could reconsider in the exchange rate, and whether it is in the Government's interest or detrimental to the citizen ?, noting that a review of the exchange rate would be the government's interest But he hurt the citizens, as this will increase the exchange rate to runaway inflation, and an increase in commodity prices, stressing the need to take it into consideration and study of the project from all aspects before making a decision. 

"And the deputy Haji that a review would be an increase of the dollar, any decline the price of the dinar against the dollar, because the government can not raise the price of the dinar against the dollar, at the time of its imports in dollars and expenditure in dinars, pointing out that the increase in price of the dollar is what is the benefit to the government. 

"The Iraq faces a financial crisis due to the sharp decline of oil, reaching financial budget for this year total expenses of more than 105 trillion deficit accounted for 22.8%. 

He noted Finance Minister Hoshyar Zebari on Monday in a newspaper interview that "there are several alternatives [oil], including borrowing from international institutions, few benefits, and we did it. For example we have received help from The International Monetary Fund, and a few days ago we received one billion and 200 million dollars from the World Bank, we have introduced a monitoring program on how we manage the financial and economic policy, and if we could get help more of them, as we intend to sell sovereign bonds, because the situation in Iraq this year better than last year From this point of view. 

"He explained that" The other option is how to raise the Iraqi dinar exchange rate, although it may be a risk of selection have repercussions. " is over

http://www.alliraqnews.com/modules/news ... ryid=26494

[Nuki]

Hmm it seems things are about to come to head. We might be nearing some type of drastic change on this ride. Then again, I've said it before and I'll say it again, things might just appear to get worse before they get better so don't let rhetoric or op-ed articles shake your faith. If anything, Iraqi journalists are the masters of double talk and smoke screens. 

Edited January 8, 2016 by Nuki