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DinarThug

Frank - Some Of My High Level Sources Are Saying Something Is Going Down Now !

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CNN. Broadcasting Maverick To Goose - Come In Goose !

 

 

The IMF reaches a credit agreement with Iraq

23/11/2017 12:00 am 
Baghdad / Al-Sabah 

The International Monetary Fund (IMF) chief of staff for Iraq, Christian Goose, said Iraq and the International Monetary Fund's (IMF) expert team had reached discussions in the Jordanian capital of Amman on November 17-21, 2017 for the third revision of the 36-month credit agreement with Iraq. 

"The two sides have made good progress towards reaching an agreement on the 2018 budget bill in line with the credit readiness agreement," he said in a statement. 

"During the discussions, the team met with Acting Governor of the Central Bank of Iraq Dr. Ali Al-Alak, Dr. Maher Johan, Undersecretary of the Minister of Finance, Deputy Minister of Planning Dr. Qassim Attiyah, Financial Advisor to Prime Minister Dr. Mazhar Mohammad Saleh, And officials from the Ministry of Finance and the Central Bank of Iraq and the Ministry of Oil. 
The mission team appreciated the efforts made to make the agreement a success, thanking the Iraqi Government for its cooperation and for the open and fruitful discussions held with it. 

The Executive Board of the International Monetary Fund had agreed to hold a credit agreement on July 7, 2016 and completed the second review on the first of August 2017.

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CNN. Broadcasting While Pacing The Floor Like An Expectant Father !

 

 

 

(by don961)

Expectations of Iraq obtaining an advanced credit rating

23/11/2017 12:00 am 
Baghdad / Mustafa Al Hashemi 

While the Fitch and Standard & Poor's listed Iraq's credit rating at -B. Economists stressed the possibility of raising the rating to A or A by activating the private sector and providing job opportunities that would push the gross domestic product up. 


The academic economist d. Essam Mahaweli said in an interview for "morning": "In the event of increased access to jobs in the productive sectors of private companies, it will be a factor of economic stability and reflected on price rates in a manner Positive. " 

Iraq has been rated as B - the first credit rating rating issued by the international rating agencies of Iraq, and defines the credit rating GCR, a summary of (global credit rating) as a measure to assess the borrower's ability to meet their obligations in the face of lenders or in other words the risk of not Repayment of the lender (issuer of the bond) in fulfilling its obligations (loan amount and interest) to the borrower (holder of the bond). 

The world's credit rating is rated 4, A, B, C and D as well as variables that represent a different signal + or - with different frequencies. 

The adviser to Prime Minister Dr. The appearance of Mohammed Saleh said in an earlier statement to "morning" that "the liberation of Iraqi cities from terrorism will certainly affect the high degree of classification, expressing the hope that the degree of sovereign rating of Iraq to the category A during the six months 
Coming ". 

He explained that "the Agency conducts a review of the rating level every six months through meeting with financial institutions and the Ministry of Planning and security agencies and the rest of the relevant departments, stressing that the indicators confirm the liberation of Iraq's cities during the current year of Terrorism ". 

"The stability of Iraq will give it the highest ratings with a stable outlook in view of its global reputation in the payment of its financial obligations in addition to having the resources to qualify for the highest credit rating." 

Economic researcher Maha Ihsan Shukr pointed out that the positive impact will affect the economy after obtaining an advanced degree in the ladder of credit rating of the three international classification agencies, explaining that "this will support system" rel="">support construction and reconstruction and double the number of foreign investment companies that will implement projects in liberated cities." 

Economic experts confirm that Iraq's sovereign rating better than the current means that the country is one of the stable and attractive areas for investment.

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11-22-2017   Intel Guru Delta   IMO I think the CBI may make a move before Abadi does speech and they will celebrate everything this week.
 

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1 minute ago, DinarThug said:

11-22-2017   Intel Guru Delta   IMO I think the CBI may make a move before Abadi does speech and they will celebrate everything this week.
 

 

tenor.gif

 

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7 minutes ago, pokerplayer said:

In the famous voice of Mary Paladin from Storage Wars........... BRING IT !!

image.png.5b47ecab00c0b3105ad86690579f99ae.png

 

Let Those B*stards At The CBI Buy Back Our Dinar So That They Can Finally Take Over Storing It ! :o 

 

:D  :D  :D 

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1 hour ago, sandfly said:

thanks my little crazy clown Happy Thanksgiving

 

WooHoo - The Great SandFly Just Gave Me ‘Thanks’ For Thanksgiving ! :o 

 

 

 

 

Those Divas LGD And Umbertino Are Going To Be So Frickin’ Wicked Jealous ...

 

:D  :D  :D 

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7 hours ago, DinarThug said:

 

Let Those B*stards At The CBI Buy Back Our Dinar So That They Can Finally Take Over Storing It ! :o 

 

:D  :D  :D 

 

And they can all stop wondering where a lot of the unaccountable dinar are :) 

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This rumor must be true.

The fat lady is clearing her throat getting ready to sing.

Soros is licking his chops.

The chickens are coming home to roost.

Bill Baily came home.

Madam Wu just put another pot full of fish heads & rice on stove.

Possum is partying on.

Brue don't know what to do....he has nothing to celebrate.

OOM has approached the outer marker.

The Rat has found the cheese factory.

Frank just shampooed the stains off of the blue sofa.

TerryK & TNT Tony are up for parole.

Luigi is celebrating traditional Thanksgiving with a bottle of Vino & angry pasta.

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11-23-2017   Intel Guru Frank26   On the 17th the WTO got together with Iraq...

an informal meeting...to submit to the WTO the final pkgs...

they are a commitment to the WTO...

They have more than 2/3 of the two majority votes to get seats into the WTO...

All the dominoes are lined up...  

Abadi said Iraq is going to have a National Liberation Day...

The big day in Baghdad is Saturday - "BAGHDAD DAY"...  

IMO On the 25th Abadi will give a speech that will be shown all around the world...

hes going to tell that Iraq is liberated from terrorism...

he will talk to the international world that we are open for international business to come in...

he’s going to talk about chapter 7...

he’s going to talk about security and stability...

Abadi has worked with the US hand in hand...

he has a reason for all the things he is doing...

reason why we have not heard the speech yet...wait for a speech that will change world history...   

He could change that rate right after that speech...

Prepare yourself for Saturday...

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1 minute ago, DinarThug said:

11-23-2017   Intel Guru Frank26   On the 17th the WTO got together with Iraq...

an informal meeting...to submit to the WTO the final pkgs...

they are a commitment to the WTO...

They have more than 2/3 of the two majority votes to get seats into the WTO...

All the dominoes are lined up...  

Abadi said Iraq is going to have a National Liberation Day...

The big day in Baghdad is Saturday - "BAGHDAD DAY"...  

IMO On the 25th Abadi will give a speech that will be shown all around the world...

hes going to tell that Iraq is liberated from terrorism...

he will talk to the international world that we are open for international business to come in...

he’s going to talk about chapter 7...

he’s going to talk about security and stability...

Abadi has worked with the US hand in hand...

he has a reason for all the things he is doing...

reason why we have not heard the speech yet...wait for a speech that will change world history...   

He could change that rate right after that speech...

Prepare yourself for Saturday...

Luigi beat you haha

 

tenor.gif

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19 hours ago, DinarThug said:

CNN. Broadcasting The Missing Link !

Central banks contribute to economic balance

23/11/2017 0:00

Within the economic role as institutions of cash

BAGHDAD / Imad Emirate

Play the relationship between the government and the central bank's important role in financing the budget deficit and to provide credit to the government, and a government legal representation in the Board of the Central Bank, and has the legal right to appoint and dismiss the Governor of the Central Bank, as well as other variables.

Economic academic d. Falah Hassan Thuwainy said that, many economists believe that the central Doralpennek be more pronounced when the inability to finance public expenditures by conventional means of taxes or reduce government spending. " Currency printing and borrowing and explained , "resorting financial policy to the means of non - conventional in order to finance the budget deficit through monetary issuance (currency printing) and borrowing from the banking system, and this trend will lead to a rise in general levels of prices, so it is necessary to put restrictions on credit provided by the Bank the central government to curb inflationary trends and the accumulation of public debt. " He added , "in order not to conflict occurred between the central bank 's monetary policy and fiscal policy, are specific Aosagov levels of central bank credit provided to the government, according to Matqtadhah conditions and the nature of the existing economic activity." Achieve economic balance , and pointed out that " the responsibility of the Central Bank to contribute to the achievement of economic balance, is a common task within the framework of the role as an economic institution in cash with its influential within the overall framework of a state", stressing that "any imbalance or instability in the balance, it is likely mainly to the lack of coordination or overlap of responsibilities between the state institutions. " He pointed Thuwainy that " an attempt to link the independence of the central bank and exchange rate policy found a place in economic studies, especially in light of the free exchange arrangements or floatingthe more the central bank enjoys a high degree of independence, it will be more influential and effective in determining the appropriate exchange rates ". He said the "government with the involvement of the central bank in determining the exchange rate policy will lead to the occurrence of the difference or contradiction between the purposes of the exchange rate, and between the other monetary purposes , which both the bank and the government seeks to achieve." He said there are views stating that "when a sudden crisis will be the central bank intervention is ineffective because of the involvement of the political authorities in the functions of the exchange rate of the Bank 's policy of the Central." He explained that "this opinion when many of extremism, because even in countries where central banks have a high degree of autonomy, the identification system or the exchange rate mechanism appropriate to be a partnership between the government authorities and the Central Bank, but the price of the policy of exchange to be under government control ". Independence and inflation rates in turn between d. Qusay al - Jabri, said that the responsibility of the central bank to maintain and stabilize the price, any acceptable inflation rates, the more the central bank is characterized by independence , it will be able to achieve this goal , in order to prove that the relationship has a number of economists researchers studies the amount through which rate comparison inflation in certain countries, and for specific periods with the degree of independence of the central banks of the countries and the same period, and acknowledged the existence of an inverse relationship between the degree of autonomy and the rate of inflation.

http://www.alsabaah.iq/Article.....?ID=147995

DELTA

 

11-23-2017   Newshound Guru MilitiaMan  Article:  "Central banks contribute to economic balance"  

Quotes:   "government with the involvement of the central bank in determining the exchange rate policy will lead to the occurrence of the difference or contradiction between the purposes of the exchange rate,

and between the other monetary purposes , which both the bank and the government seeks to achieve."  

"an attempt to link the independence of the central bank and exchange rate policy found a place in economic studies,

especially in light of the free exchange arrangements or floating..."   

This is some serious data on exchange rate change and float.

The Banks and GOI working as a team is oh so huge! ~ Imo.
 

 

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I really hope it happens. The house I've been wanting is still for sale. :)

Edited by Rmc10
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12 minutes ago, ChuckFinley said:

would make for a great Christmas.

 

You got that right brother Chuck,  I’ll leave the best homemade cookies in the world for our man Santa.

Happy thanksgiving, may the turkey be sabroso y jugoso, también los tragos exactamente como te gusta 🦃🍻

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Eventually Frank and friends are gonna be right about it. Add up all the news we've been reading and all the positive strides Iraq has taken internationally with world bank, wto, imf, US treasury as well as defeating ISIS.... Big celebration this Saturday, it would surprise me if they go into this Dec 2nd 3rd Baghdad Conference without an internationally recognized rate so they can show off their newly sovereign country open for business! It just makes sense..... gonna be a lon couple days till Saturday :) 

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1 hour ago, Wiljor said:

 

You got that right brother Chuck,  I’ll leave the best homemade cookies in the world for our man Santa.

Happy thanksgiving, may the turkey be sabroso y jugoso, también los tragos exactamente como te gusta 🦃🍻

Man, we will be living large if it happens, brother. 

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2 hours ago, ChuckFinley said:

would make for a great Christmas.

 

2 hours ago, Rmc10 said:

I really hope it happens. The house I've been wanting is still for sale. :)

 

A Free And Clear House Title Makes For A Great Stocking Stuffer ! :o 

 

:D  :D  :D 

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20 minutes ago, gregp said:

Increase Iraq’s credit rating and float that Dinar.

:cigar:

 

Ohhhh yeaaaa!!!!! gregp :rodeo2:

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The WTO meeting was just an agreement to RESTART the accession process, which has been sitting in a closet for years now.  They aren't even 25% of the way through the process.  The fact that they are restarting is, however, very good news.  They don't need full membership in the WTO to RV.

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