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15 minutes ago, navira said:

I really think what the article is telling us ..is that the people/agh abroad will get that rate in exchange of the current rate....

 

W’oh, Bro’s Made Another Prediction ! :o 

 

 

Now Don’t Any Of U Bro Haters Post Angry - Don’t Post Angry ! :lmao:

 

bill murray GIF
 
:D  :D  :D 
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@Botzwana Phoenix, as in the guru from time long gone Phoenix, aka secret key Phoenix ? The guy who always power tripped on his forum Phoenix ?

 

Interesting ... Hmmmm, hope its not the same guy as his street cred is pretty much zero  :) 

 

That being said, any word from your private group botz ?

 

   Cheers to you, have a great night,  pp

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On 6/10/2019 at 8:09 PM, navira said:

Aqh sell the currency, the dollar against the sale of citizens at the price of 1.200dinars through purchases of cards.

Also Remember the CBI.IQ Website when it were Showing 1.20 IQD for several Months......Make you go Hmmmm.

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39 minutes ago, pacmen said:

Also Remember the CBI.IQ Website when it were Showing 1.20 IQD for several Months......Make you go Hmmmm.

 

Odd you should mention that @pacmen I had copied that post way back when and just happened to be looking at it tonight. Can't remember who posted it or when but this is the UN-eddited post.

 

  Cheers, pp

***************************************************************************************************************************************************************

Yes, it is still there. Do this:

I called up www.cbi.iq

I then clicked on English (for some reason, I now get error_404 Not Found)

I then click on Home Page in the upper left hand corner

In the menu bar directly above the currency exchange rates in the table to the far right (there you will see 1,184 IQD = 1 USD), I clicked on statistics

There is a "click here" after "For the extended statistics, please"

If you look at your address bar, it then shows "http://cbi.3eyon-host.net/page/19"

If you then click on "Home Page" in the upper left hand corner and then scroll down...................................................

 

(don't pee in your pants)

 

When you see: http://cbi.3eyon-host.net/page/19 in your address bar, click on the "Home Page" in the upper left. If you scroll down................... well, you get the idea!

 

YOWZAH!!! 1.2 IQD = 1 USD!!!

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17 minutes ago, Botzwana said:

The very same one.  That Phoenix.  East meets west guy.  If you notice the comments on the video, he has quite a following.

 

10 days without Word from group.  

Dave is the host of that report. I used to listen to Phoenix. Dave and Phoenix are not the same person. Their voices are distinctly different. Or am I missing what you're trying to say here?

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1 hour ago, pokerplayer said:

 

Odd you should mention that @pacmen I had copied that post way back when and just happened to be looking at it tonight. Can't remember who posted it or when but this is the UN-eddited post.

 

  Cheers, pp

***************************************************************************************************************************************************************

Yes, it is still there. Do this:

I called up www.cbi.iq

I then clicked on English (for some reason, I now get error_404 Not Found)

I then click on Home Page in the upper left hand corner

In the menu bar directly above the currency exchange rates in the table to the far right (there you will see 1,184 IQD = 1 USD), I clicked on statistics

There is a "click here" after "For the extended statistics, please"

If you look at your address bar, it then shows "http://cbi.3eyon-host.net/page/19"

If you then click on "Home Page" in the upper left hand corner and then scroll down...................................................

 

(don't pee in your pants)

 

When you see: http://cbi.3eyon-host.net/page/19 in your address bar, click on the "Home Page" in the upper left. If you scroll down................... well, you get the idea!

 

YOWZAH!!! 1.2 IQD = 1 USD!!!

Very Interesting.....Also now the Reading on the Site....Account Suspended....Too late I Send it with my own Eyes lol

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A new Branch of the Iraq Trade Bank


No photo description available.

 

13th June, 2019

In continuation of the management plan of the Iraqi Bank for Trade in expanding our bank branches, a building was acquired in the Adhamiya area - Omar Bin Abdul Aziz Street to be a new branch for our bank in the Adhamiya area and to provide services to our valued customers. The work is under way by the Engineering Division in the administrative section of our bank On the work of maintaining and preparing the building to enter the service soon. 

The Iraqi Trade Bank will open the building of the new General Administration at the end of this month (June), which moved recently in the Al-Rashid Street instead of the former administration building in the Mansour region.

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Keywords: Iraqi banking sector in a state of continuous development


15694.jpg

 

14th June, 2019

The governor of the Central Bank of Iraq on Thursday, the relationship between the citizen and the banking sector is good because the citizen gets banking services smoothly

Al-Aalak said during a meeting that included the heads of the boards of directors of banks operating in the Kurdistan region and in the presence of the President of the Association of Iraqi Private Banks Wadih al-Hantal, that the banking sector is witnessing a development in its services to the public and that the Central Bank has worked to strengthen them through its departments that communicate continuously with banks and monitor their performance For the purpose of development

For his part, the President of the Association of Iraqi Private Banks Wadih al-Hanalal, the heads of the boards of directors of banks operating in the Kurdistan region active participation in the meetings of the Central Bank monthly to achieve the full goals in terms of implementation of programs led by the Central Bank as well as resolving intersections in the procedures between the region and the center

The participants expressed their readiness to continue communication towards achieving these important goalsin the coming stage and to thank the Association's team in the region for holding workshops and seminars continuously within the region

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Halabousi discusses prospects for developing relations between Iraq and America

 

Thursday 13 June 2019

alsabaah-13973.jpg

Baghdad / Al-Sabah

 
Speaker of the House of Representatives Mohammed Al Halbusi congratulated the new US ambassador to Iraq, Amathio Toler, on his appointment as ambassador to Baghdad, wishing him good luck in carrying out his new diplomatic duties. 

A statement by the media department of the parliament, received by the «morning», that Halbusi received the US ambassador to Iraq Amathio Toler; on the occasion of his appointment as the new ambassador to the country ». 

During the meeting, Al Halbusi congratulated Toler on the occasion of his appointment as ambassador to Baghdad, wishing him "success and success in carrying out his new diplomatic mission to enhance the bilateral relations between the two friendly countries." 
The meeting touched upon "the current situation, prospects for developing relations between Iraq and the United States of America, as well as a number of issues and developments in the region."
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Economic role of communication

Thursday 13 June 2019

 

Dr.. In the name of Brahimi
 
Recent studies indicate the importance of communication with the public, which is a key issue in the success of economic policies. It is a fundamental part of the policies. Therefore, economic reforms are liable to fail if they are not understood, ratified, accepted and influential in the target groups, especially with the spread of social media. The public is increasingly able to express their views on public policy and this requires greater transparency and accountability around the world, which increases the pressure on policy makers to better explain their actions to the public and clarify the justifications for their confidence.

Achieving effective institutional communication faces three major challenges that must be taken into account: First, trust, which is essential for the efficiency of an economy and the success of its reforms. It seems from the available indicators that economic crises contribute negatively to confidence in economic policies and while communication can contribute Is important in restoring confidence, but that must be credible and that people do not feel that communication is based on maneuvering in order to pass certain policies because this will deepen the crisis of confidence between the institution And the public.

The second challenge is to learn from experience. Effective communication should be based on learning from experience as well as adjusting the communication process to suit the different areas covered by the policies, that is to say, the communication is based on data that is consistent with the target policy. 
Influential.

The third challenge is the importance of acquiring new capabilities in communication, whether through new technology or using multiple channels and reaching the public directly with the least amount of mediation. This is crucial in countries where economic information is still under development or dominated by a certain political platform 

The increasing importance of institutional communication with the public to convey messages and clarify policy appeared to be on the IMF's procedures by creating a communication department to accommodate these variables and to clarify the Fund's strategy with external actors. I think we need to benefit from this in Iraq. that?.

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Arab Monetary Fund launches a "policy brief"

Thursday 13 June 2019

alsabaah-13966.jpg

 

Baghdad / follow-up
 
 
The Arab Monetary Fund has launched a new periodic research series entitled "Policy Brief" aimed at supporting the decision-making process in the Arab countries by providing brief research publications that address the most important priorities and topics of interest to Member States Policies. 
According to a publication on the website of the Arab Monetary Fund, Al-Sabah, the third issue dealt with the issue of "tax justice." He pointed out that the concept of tax justice is meant to mean "the contribution of taxpayers to a fair share in the financing of public expenditures" In the distribution of the tax burden between financiers, "explaining the existence of two types of tax justice based on two basic principles are the principle of utility, and the principle of ability to paying off.

"The economic conditions experienced by the Arab countries during the past years called for more emphasis on tax reform in order to increase the tax revenues within the framework of the large-scale financial reform programs implemented to achieve fiscal discipline and Finance sustainability ". 

"The reforms focused on diversifying sources of revenue in Arab oil-exporting countries, expanding the tax base and raising the efficiency of tax collection, as well as achieving justice and tax efficiency in imported Arab Oil countries ".

"The importance of reforms comes in the context of the need to boost public revenues in the Arab countries, especially in the light of the decline in the proceeds of oil revenues beginning in 2014, and the consequent need for more stable tax resources to finance public spending, as well as the need to raise the level of tax burden In the Arab countries (measured by the percentage of tax revenues to GDP in the Arab countries), especially in light of the low tax burden to 8.3 percent in 2018, compared with the global average of 14 percent, which calls for focusing on the development of the tax proceeds but in a supportive framework for Social justice. ".  

The relative importance of direct taxes on income and profits rose to account for about 40 percent of the total tax revenues in the Arab countries as a group, compared to only 27 percent in 2014, while the relative importance of indirect taxes with less tax justice was reduced as they imposed on sales of goods And services without distinction between taxpayers according to the level of income, which decreased to account for 60 percent of the total structure of tax revenues in 2018 compared to about 73 percent in 2014.

The limited tax base and the presence of many economic activities and categories outside the tax base greatly affect the ability of Arab countries to achieve fiscal justice, resulting in a limited number of financiers bearing the full tax burden needed to finance  General spending .
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Soon .. Evaluation of the government program under the dome of parliament

 

Thursday 13 June 2019

alsabaah-13983.jpg

Baghdad / Omar Abdul Latif

 
 
The Committee for Strategic Planning and Evaluation of the government program in the House of Representatives; to submit its report on the achievements of the government during the next phase, describing the achievements as shy and does not live up to the level presented in the program.

Committee member Raed Jahid Fahmi told Al Sabah: "The committee has already studied the government program accurately and we reached a number of conclusions. It has been shown that there are many positive aspects that are offset by other negative and unoccupied areas that were not covered by the program, For some tasks, the incompatibilities between the titles in the program and the actions and executive steps are done Achievement ".

He added, "We can talk on the level of qualitative achievement comprehensive in the sense of reforms, which happened in the field of administration and the government and economic and external relations, while there are areas such as slack fighting corruption; but what happened in this area did not rise to the level required, but there is a case of The slow pace in this area, in addition to the delay in resolving the Council of Service, and when you wonder about this delay the government aims to ball in the stadiums political blocs.

A member of the parliamentary committee, said that "government consensus bears part of this delay, but the government in the latter is accountable for all this and how to secure relations with the parties, and what has been the government program is the minimum required by the circumstances and circumstances."

Fahmi asked: "If the government can not complete the simple things in its program, how about a large issue such as arms limitation or border crossings or strategic relationship with the Kurdistan region," expressing the hope that "the government can accomplish everything in the program, although what has been achieved is still Sub-level, "hinting that" the Committee called on the government to offer and deliver its achievements since its establishment and until now to be an objective evaluation, but the Committee has not received anything so far, although long time to send those official books. "

For its part, assessed member of the Committee Dr. Anam Khuzaie government program that part of the government directed towards achieving while there are steps shy to achieve the other part of it.

Khuzaie told Al-Sabah: "The committee will submit its report on the assessment of the government program to the House of Representatives in preparation for reading it," asserting that "the government refuses to provide the Committee achievements so far, despite sending more than once notice."

Khuzaie explained that "the committee will have a special evaluation of the program will be announced by a press conference and read it within the Council," asserting that "there is a trend towards achieving part of the program, while there are steps shy and non-serious to begin to achieve the other part of it."

In addition, Committee member Mounal Jalil Al-Hamdawi said that the Committee discussed in its report the government program in general and the shortcomings that have emerged.

Al-Hamdawi told al-Sabah that "the committee has not yet seen any step of this program on the ground, as well as the government's reluctance to provide the committee with any achievement achieved since the formation of the government until now."

"The committee will commit Prime Minister Adel Abdul Mahdi to a time limit to achieve what he promised within the government program," he said, referring to "spending a lot of money on achievements we did not know what is so far."

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Hmm ..... We May Need Some Bro’s To Weigh In On This ! :o 

 

 

Didn’t I Happen To See A Couple Of Bro’s Loitering Around On This Thread ...

 

:D  :D  :D 

 

 

 

6-13-2019   Intel Guru Delta   Article: 

"Deputy Prime Minister for Economic Affairs and Minister of Finance chairs the first meeting of the preparation of the State Budget Strategy 2020-2022

Quote:  "On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed

MORE CONFIRMATION THAT THE COMING 2020 BUDGET WILL BE IN NEW RATE...

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KTFA:

DELTA:  Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022

FROM........Sunday 19 May
 
The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022
 
During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital 
....

 

On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed 
 
The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term 
 
The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues
 
The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces.

http://mof.gov.iq/Pages/MOFBan.....ewsID=680#

SunnySandy:  This is huge, thank you. Discussed on 19th prior to FML. Delta spoke about it on Monday CC. Recalculations and rate done! Announcement at any moment! IMO

 


 

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3 hours ago, DinarThug said:

On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed 

 

They must have added on the above 'quote'.

I clicked on the link (gov.IQ) ~ read the news but could not find the said text.😑

Edited by zul
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2 hours ago, zul said:

 

They must have added on the above 'quote'.

I clicked on the link (gov.IQ) ~ read the news but could not find the said text.😑

Well actually this is what you are looking for i presume👇😉

 

Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022

Sunday 19 May

 

The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022


During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital 


On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed 


The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term 


The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues


The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces.


http://mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=680#

 

Hope it helps us all

Cheers bro😎

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33 minutes ago, Reez said:

Well actually this is what you are looking for i presume👇😉

 

Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022

Sunday 19 May

 

The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022


During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital 


On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed 


The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term 


The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues


The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces.


http://mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=680#

 

Hope it helps us all

Cheers bro😎

It just came to my attention whenever i copy paste the link it always came to the seventh meeting on the budget but to be precised it is on the 3rd meeting that they mention the exchange rate & monetary policy. Hope it helps & please accept my apologies🙏🙏. Just open the link given & scroll down to the third meeting over the budget 2022-2022. Thanx✌  

Edited by Reez
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2 hours ago, Reez said:

It just came to my attention whenever i copy paste the link it always came to the seventh meeting on the budget but to be precised it is on the 3rd meeting that they mention the exchange rate & monetary policy. Hope it helps & please accept my apologies🙏🙏. Just open the link given & scroll down to the third meeting over the budget 2022-2022. Thanx✌  

 

Ok Reez......got that. It's on the 3rd meeting. Thx my friend...

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Something Interesting Is Happening At The CBI - By ‘TQ Mr Ali’

6/14/2019

 

 

Thank you TQ Mr. Ali

[EMAILED TO DINAR RECAPS]

DEAR RECAPS, I HOPE THIS LITTLE BIT OF CLARIFICATION WILL SHED LIGHT ON MANY SOULS.

I BELIEVE, SOMETHING VERY, VERY INTERESTING IS HAPPENING AT THE CENTRAL BANK OF IRAQ.

I WILL GIVE YOU SOME HISTORY SO YOU UNDERSTAND CLEARLY WHAT IS HAPPENING.

BTW, SO FAR NO INTEL GURUS HAVE PICKED UP ON THIS, I MAY BE THE FIRST.

MANY OF YOU WILL START TO REMEMBER, BACK IN AUGUST 2017, THE CBI HAD A "SECOND" WEBSITE (cbi.3eyon-host.net), LINKED THRU THE STATISTICS SECTION OF THE MAIN WEBSITE.
....

 

WHAT WAS INTERESTING AND IMPORTANT TO NOTE BACK THEN, WAS THE RATE LISTED ON THE SECOND WEBSITE WAS $1USD = 1.20 DINARS.

THEN THE 2 WEBSITES MERGED AND THIS RATE DISAPPEARED AND WAS NEVER TO BE HEARD OF OR SEEN AGAIN....

......... UNTIL YESTERDAY.....BOOOOM!!!!

YES, VERY INTERESTING, THAT THE CENTRAL BANK OF IRAQ HAS MENTIONED THIS $1 USD = 1.20 DINARS RATE....THIS IS THE FIRST TIME SINCE 2017.

AND THIS HAS ME, REALLY EXCITED!!!!

YESTERDAY, DINAR RECAPS MADE THE POST AND KFTA MILLITIA MAN COMMENTED ON THIS AS WELL.

 

SO THE QUESTION YOU NEED TO ASK, IS WHY ARE THEY NOW BRING THIS UP AGAIN WHEN THEY HID IT SINCE 2017???

I BELIEVE THE REASON WHY IS THAT THE RATE IS ABOUT TO CHANGE.  GOD WILLING.....BOOOOOMM!!!!  I LOVE SAYING THAT WORD!!!! HEHEHEHE.

NOW, JUST AS REMINDER OF HOW THE CBI LIST THE RATES.

1.20 DINARS = $1 USD.

THIS IS A 1 TO 1 RATE.  WELL ACTUALLY NOT, IT'S ABOUT 0.90 CENTS REALLY.

SO REMEMBER HOW IT WORKS AS THE VALUE OF DINAR DECREASES AGAINST THE US DOLLAR, THE VALUE OF THE US DOLLAR INCREASES.

SO IF THE VALUE OF THE DINAR NOW IS 1.20 DINAR TO $1 USD, AND IT DROPS TO 0.50 DINARS TO $1 USD.

IF MEANS THE BASE RATE WILL BE $2 USD PER 1 DINAR.  SO MAKING AN IQD 25,000 NOTE = $50,000 USD.  GOT IT?  IS IT GETTING CLEAR TO YOU?

SO DO NOT GET CONFUSED WITH RATES THAT ARE POSTED BY INTEL.  YOU HAVE TO QUESTION AND ASK YOURSELF WHERE DID THEY GET THAT RATE FROM?

 

WAS IT DIRECT FROM THE CBI? OR FROM XE?

XE WILL LIST THE RATE AS $2USD = 1 DINAR, WHEREAS THE CBI WILL LIST IT AS $1USD = 0.50 DINAR.... THESE ARE NOT TWO DIFFERENT RATES...THEY BOTH MEAN THE SAME THING.

I ADDED THE CHART BELOW FOR YOUR REFERENCE.  SAVE THIS CHART...OR PRINT IT AND KEEP IT HANDY.

 $ RATE = CBI'S WEBSITE RATE CONVERSION.

$ .86 = 1.162

$ 1.00 = 1.000

$1.17 = 0.854

$1.86 = 0.537

$2.00 = 0.500

$2.50 = 0.400

$3.00 = 0.333

$3.22 = 0.310

$3.46 = 0.289

$3.50 = 0.285

$3.86 = 0.259

$4.00 = 0.250

$4.10 = 0.243

$4.40 = 0.227

$5.00 = 0.200

OK, I HOPE THIS EXPLANATION HELPS YOU TO GET EXCITED.

TQ MR. ALI

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