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
Sign in to follow this  

CBI Announces Financial Stability For Iraq.

Recommended Posts

3/9/2018  RayRat....

Friday – The CBI announces “financial stability” for Iraq. [The establishing of a government should be all that’s left?]

Iraqi president, Masoum, receives a special US envoy whose purpose was to support the “stability of Iraq” and continue to provide assistance as per previous agreement.

Iraq is discontinuing the use of US dollars for trade transactions with Iran and will use the Euro, the Rial and the Dinar. The 2% compliance issues are no longer a concern.

16 political parties agreed to form a coalition of “reform and construction” which was announced as the most powerful Parliamentary block, calling themselves the “Alliance.”

On Monday, the new session of Parliament opened, deputies took their oath of office, and then recessed for the day. They will resume on Tuesday to elect the presidencies and other matters.

[On the surface, financial stability and a stable government seem to prevail……let’s see the CBI’s next move.]

  • Thanks 1
  • Haha 1
  • Upvote 2

Share this post

Link to post
Share on other sites
1 hour ago, Luigi1 said:

3/9/2018  RayRat.... Friday – The CBI announces “financial stability” for Iraq.


Hmmm ... I Smell A RayRat ! :o


Удивленный хомячок
:D  :D  :D
  • Haha 3
  • Upvote 1

Share this post

Link to post
Share on other sites

OK, who's lying?

Frank26 claims the 1st session meeting with the new GOI was a success.

This latest in from BasNews suggests otherwise.




3/9/2018  BasNews  Iraqi Parliament Again Fails to Hold First Session...

The first Iraqi parliamentary session, an extension of the first meeting held a day earlier, was postponed by the country’s political leaders on Tuesday for September 15.

The first session was held on Monday morning, but it was later delayed for Tuesday as a result of disagreements over the formation of the largest bloc.

Meanwhile, according to the Iraqi Constitution, a new parliament should be able to hold its first meeting within 15 days after the results are ratified by the Supreme Court.

The Iraqi political parties have been divided into two main coalitions. Haider al-Abadi and Muqtada al-Sadr have declared a coalition to form the largest bloc in the parliament, while Hadi al-Amiri and Nouri al-Maliki have announced a major bloc, as well. Source

  • Upvote 1

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By Dinardarp
      Hopefully this means something is up?

    • By Luigi1
      3 April 2018  Whitelions: Is it time to delete three zeros from the currency? The central bank submitted a project to delete three zeros of the currency, in order to confront inflation and stimulate the economy, but was forced to stop because of the deteriorating security and political situation in the country.
      The governor of the Central Bank, Ali al-Alaq, in a discussion session with the editors of a number of Iraqi media, including “Economy News”, “The subject of deleting zeros from the currency is ready, but it needs an environment suitable to apply,” noting that ” To prevent manipulation and fraud by the owners of weak souls. ”
    • By Luigi1
      CBI releases pictures of the new lower denoms. See link above.
    • By Luigi1
      In another news article stated that Iraq ranks 5th in the world with the most gold reserves.
      Iraq can back most of it's currency with gold before & after RV.
      20 July 2017  Enorrste...
      We have an actual CBI spokesman claiming that their reserves are 3x the amount of cash inncirculation.
      Their cash in circulation is IQD 57 Trillion or about $50 Billion.
      Sounds to me like they may have 100% coverage of their currency
      Which is good by any standard but how he comes uo with 3x, I don't understand.
    • By Luigi1
      From the throat of the goat...another extravaganza just for you.
      18 July 2017  MntGoat...
      So what did the CBI have to say?
      CBI confirms the robustness of the Iraqi reserves according to international indicators reassuring.
      CBI: Our control of the dollar price confirms our foreign independence.
      CBI seek to balance between two goals.
      Al Alak is trying to paint a rosy optimistic picture in the areas of the economy that it has been responcible for.
      Reserves are up,  revenue flowing,  inflation under control  & stabilizing the currency.
      The bank seek to balance the sale of the dollar.
      It is exactly what the IMF, WB, WTO & any other three letter organization needs to see happen.
      Folks it is all coming together.
  • Create New...

Important Information

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