Spiked Camel Java !

[DinarThug]

Sandyf & Kaperoni On Article XIV and Article VIII 

sandyf   @future Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1
 
The MCP was identifies in 2012 and is one of the main concerns of the IMF. A primary function of the IMF is to protect its membership and suppliers into Iraq are not being paid the correct amount as there is no mechanism in place to ensure invoices are paid at a rate within 2% of the of the official rate.

 

sandyf    I made this post some time ago.
@Zig, to be fair Kap has never said Art 8 was required to change the rate, the greatest devaluation in history was Myanmar under Art 14.
 
Article 8 is a guarantee by the central bank that the currency will be redeemed and most entities look for that guarantee, but it is not essential. There are several Art 14 countries in this area and currency moves from one to another without a problem
 
Most of what he says is right but a bit of an issue with some things. His interpretation of "rapidly appreciating rates" is a bit wayward, probably for obvious reasons. The IMF woulds see fractions of a percent as "rapidly appreciating" and at that it would be many years to see any significant change.
 
Also his explanation on the MCP wasn't quite right, this is how the IMF define it as applied to Iraq.
 
"The MCP was originally identified by the IMF in 2012 and continues to remain in place, even though the various measures limiting the availability of foreign exchange have evolved and changed.
 
The MCP arises from the official action to limit the purchase of foreign exchange, with no mechanism to ensure that exchange rates in the official auction and in the market do not deviate from each other by more than two percent. The average spread between the official and market rates was around 10 percent in May 2015. (CR No 15/235)
 
Kaperoni   There is some confusion about Article XIV and Article VIII 

 

Kaperoni   If you go back and look at a few older Article IV Consultations I believe you will find that Iraq has met Article XIV conditions for a while. In order to transition from XIV to VIII you must meet the conditions of the Article prior to moving to it.
 
Kaperoni   So in this case the IMF states clearly the CBI has one restriction under Article VIII. Therefore, they need to solve that prior to the IMF giving their blessing for acceptance into Article VIII
 
Kaperoni   The once restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation.
 
It does seem to be something that can be resolved fairly quickly if need be and it will be interesting to see what the IMF says in the future on this since the CBI has meet the 2% spread rule for the past 16+ months.
 
Kaperoni   Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this. Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.
 
Kaperoni   Parliament is in the process of preparing the 2020 budget. Decribed in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services."
 
Kaperoni   Clearly this is important to the transition to a market economy. As well as they are building the expenditure into the budget for 2020.
 
An article yesterday stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment.
 
Kaperoni   In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch. Goodnight.

[DinarThug]

LINK

Fatah: We will support the judiciary by lifting the immunity of corrupt deputies

 

 

29th July, 2019

 

Al-Fateh confirmed on Monday its support for the Supreme Judicial Council to lift the immunity of members of the House of Representatives accused of corruption issues, among the House of Representatives did not receive any arrest warrants or documents belonging to corrupt deputies.

"The Supreme Judicial Council has not handed over to the House of Representatives any case concerning the involvement of members of the Council on charges of corruption and theft of public money," said the MP of the coalition, Mohammed al-Baldawi said in a statement to the Information Council that "the parliament will support all judicial procedures legally to follow up corruption issues" .

He added that "the Fatah alliance will support the Judicial Council to lift the immunity of deputies involved in corruption issues will not be a compliment to the detriment of the public interest," noting that "the lifting of immunity will be to maintain public money and not for political and partisan targeting."

He called on the President of the Supreme Judicial Council Judge Faik Zaidan, on Monday, the House of Representatives to lift the immunity of its members accused of corruption cases while taking executive duties, while stressing the cooperation between all organs in the field of integrity issues. The parliamentary legal committee, the first Saturday, passed the House of Representatives to lift the immunity of deputies required for the judiciary as a legal and constitutional procedure.

[6ly410]

haha cheers bros let’s go 

[DinarThug]

Looky Here Bro’s - Maliki’s Afraid That He’s On The US ‘Shiite’ List !  

 

     

 

 

Maliki and Fayyad and dagger on the list of new US sanctions

- 13 Hours Ago

 

 

BAGHDAD (Reuters) - Former Iraqi Prime Minister Nuri al-Maliki, who heads a 25-member Iraqi parliament, fears his name appears on the US sanctions list, which recently included four Iraqi figures for links to Iran's influence in the country and its involvement in human rights abuses and involvement. In corruption cases.

The expected list includes Maliki, along with Maliki, leading figures in Iraq, such as Faleh al-Fayadh, head of the popular crowd, and controversial Sunni politician Khamis al-Khanjar.

Nuri al-Maliki: a former prime minister accused of major corruption
and brings together observers in Baghdad that al-Maliki could be convicted of a wide range of issues, most of which return to his second term in the presidency of the government, between 2010 and 2014, especially after the departure of US forces from Iraq in 2011, The inner arena of any sergeant.

He accused Maliki of using the state's power to pursue his political rivals - Shi'ites, Sunnis and Kurds - and was blamed for the disappearance of hundreds of billions of dollars in revenues from the sale of the country's oil during his eight years.

But the biggest accusation that haunts al-Maliki is his direct responsibility for the fall of about one-third of Iraq's territory by elements of an organization calling for the summer of 2014 and the associated Yazid minority in Sinjar, the shedding of Turkoman blood in Tal Afar, the displacement of millions of Sunni residents, Which hit the infrastructure and houses of the population in three Iraqi provinces, both during the occupation period by the preacher, or in the process of liberation.

Al-Maliki publicly expressed his fears when he considered that US reports of suspicious financial links with US officers dating back to his second term were within the realm of political targeting and paved the way for sanctions.

Maliki believes that the repeated publication of US reports accusing him of corruption, "at close times," aims to "implicate Iraqi national figures with the file of US sanctions, which appear to be based on the principle of monopoly of power and the imposition of international tutelage on independent governments and political figures."

Maliki described US corruption charges against him as "false allegations", including "politically targeted targeting and not based on any official source or legal status."

The US DailyPast reported on Wednesday the results of an investigation into large financial commissions received by Maliki personally and some of his closest aides to facilitate the acquisition of a US company run by retired general Frank Helmick, preferential contracts in four military sites within the country.

Maliki's relationship with General Helmick flourished after the US military withdrew from Iraq in 2011, Maliki said, adding that Maliki used his influence to prevent any other company from competing with Soci, whose friend is led by retired US general Frank Helmick.

Faleh al-Fayadh, the head of the Popular Popular Authority and has financial ties with Iran, 
and political sources in Baghdad are talking about a "new batch of Iraqi personalities." He will announce the inclusion of US Treasury sanctions, as happened to the former governor of Salahuddin Ahmed al-Jubouri, Abu Mazen, Former Nineveh Nawfal al-Akoub, and the commander of the network force in the popular crowd of Ryan Chaldean.

The Iraqi government's response to sanctions on these four figures would encourage the United States to issue lists of other figures, the sources said.

The sources revealed that the head of the Popular Lobby, Faleh al-Fayyad, who is the national security adviser in the government of Prime Minister Adel Abdul-Mahdi, may be at the top of a list of new sanctions, issued by the US Treasury Department.

The name of the controversial Sunni businessman, Khamis Khanjar, has already been put on the new list, but efforts are continuing to correct the issue.

If Chaldean and Abu Mazen can resort to US sanctions because of the lack of evidence linking them to any known bank accounts, it would be very different with Maliki, Fayyad and Dagger, as they each have an international financial transaction network and large balances in banks inside and outside the country, As well as the restrictions of movement and political embarrassment, which result from this type of punishment.

An Iraqi political observer did not rule out that Maliki had put his money and property in the care of the Iranian regime and Hezbollah. Therefore sanctions can only affect the level of its financial transactions through the Central Bank of Iraq if the US authorities concerned to monitor his work.

Khamis al-Khangar: Businessman and Arab project leader accused of using money in political operations 
Although Maliki has become a political influence of the past, he is still able to influence the state's work in a hidden way through his followers, which requires uprooting, as happened to the former central bank governor Ali Alalak effort and perseverance and scrutiny, which is not the Iraqi government is able to accomplish at the moment. The inclusion of his name on the list of US sanctions opens a door in hopes of stopping the work of one of the biggest corruption machines in Iraq.

The observer predicted in a statement to "Arabs" that this happens at any moment. This is because the American punishment in the first list included four of those directly involved in financial corruption related to the funds pumped for the reconstruction of the devastated cities after the occupation of Mosul, which is the subject of suspicions about Maliki's direct responsibility for him on the day as prime minister. So the rope seems closer to Maliki's neck at this time than ever before.

"Maliki has already fled to Iran in search of protection, having felt that things could turn against him and be brought to court. This happened immediately after the fall of Mosul, but the terrorist organization urged. A scenario that could be repeated now if a US decision is issued against him. "

Regardless of his political position, Maliki is still the biggest symbol of financial and administrative corruption in Iraq, not only because he has been enriched illegally but also because he has enacted laws that put the Iraqi economy between the jaws of the corruption machine indefinitely.

The Arabs

link

[DinarThug]

The New CBI Gov In The News Again Today Bro’s !  

 

     

 

 

 

LINK

Abdulmahdi takes a step by appointing six Iraqi officials with intractable positions

 

 

29th July, 2019

 

The victory coalition revealed on Monday the names submitted by the General Secretariat of the Council of Ministers to the Parliament to vote on the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.  "Special grades" means lower government posts than ministries, which are estimated at 2,000 by heads of agencies, deputy ministers, advisers, heads of missions and general directors. 

Prime Minister Adel Abdul Mahdi has pledged to end proxy appointments and assign independent figures to a scene that has become increasingly intransigent to previous governments. Political parties and blocs are required to be subject to quotas, just like the government."The cabinet a few days ago voted on a number of names to fill important positions in the special grades, and then turned those names to parliament for a vote,"said the leader of the coalition Ali al-Sunaid. 

Al-Sanaid said that "these names have started their work officially after the vote of the Council of Ministers, and now manages the positions of the proxy, and is waiting for the House of Representatives to vote on them, to be pure," asserting that "these names were chosen by consensus and political agreement, away from the basic laws and standards of occupancy So positions."  Recommended to the Secretariat General of the Council of Ministers, a recommendation to Parliament to vote on the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.

A document issued by the General Secretariat of the Council of Ministers and addressed to the Parliament, including the names of candidates for the positions of special grades, after obtaining the approval of the Council of Ministers in the session of July 23, 2019. 

Names are: Ali Abdul Amir Allawi for the post of Governor of the Central Bank of Iraq, Minister of Finance, Mohammed Abdul Hadi Mohammad Taqi Al Hakim for the post of advisor to the Prime Minister, Fayadh Hassan Nema for the post of Undersecretary of the Ministry of Oil, Hamid Yunis Saleh Al-Zobaie for the post of Undersecretary of the Ministry of Oil and Adel Karim Kak Ahmed for the post of Undersecretary of the Ministry of Industry. 

It is noteworthy that the phenomenon of the administration of important positions in the Iraqi state by proxy was widened in the era of the governments of former Prime Minister Nuri al-Maliki (2006-2014), where Maliki al-Maliki to engage the leaders of the party, "Dawa" to take special grades, politicians say that the purpose of establishing what has become known In Iraq as a "deep state".

[DinarThug]

14 minutes ago, DinarThug said:

Looky Here Bro’s - Maliki’s Afraid That He’s On The US ‘Shiite’ List !  

       

 Maliki and Fayyad and dagger on the list of new US sanctions

 

Trump’s Getting Ready To Shove A Giant 6 Foot Shiite Stick Up Maliki’s Backside Bro’s !  

 

     

 

 

 

LINK

Trump adviser talks to Twilight News about new US sanctions on Iraqi personalities

 

29th July, 2019

 

US President Donald Trump, a member of the advisory board of US President Donald Trump, announced on Monday that there is a US administration's intention to impose new sanctions against Iraqi figures. 

The US Treasury Department has already announced sanctions on a company based in Iraq and two Iraqis for smuggling weapons worth hundreds of millions of dollars to Iraqi militias backed by Iran's Revolutionary Guards. 

This was followed by penalties for leaders in the popular crowd, Al-Qudu, Rayyan Chaldean, as well as the former governor of Nineveh, Nawaf al-Sultan, and the former governor of Salahuddin Ahmed al-Jubouri, and linking them to files of corruption and human rights violations.  "So far, frankly, we do not know who these new Iraqi figures can be covered by US sanctions, but there is a US administration's direction to impose new economic sanctions against Iraqi figures for their involvement in corruption," he told Ashqaf.

The Trump adviser said that "Iraq has a lot of political figures and government, involved in corruption and has links with international bodies, including sanctions, adding that" this will be a motive for Washington to impose sanctions on those personalities."  He added that "US laws allow the President or the US Treasury, to impose sanctions on any personal or party, carried out corruption in his country or violated human rights and international law." 

Under the US sanctions freeze any assets or potential assets in the United States of individuals and entities concerned, and denial of access to the international financial system.  Unless at Application of exceptions, any foreign financial institution that facilitates the task of deliberately conducting transactions for individuals or entities designated penalties , they may be subject to US sanctions.  Included Washington, April 8 / April last, "Revolutionary Guard". This decision is the first of its kind; the United States has never classified any foreign government entity as a "terrorist organization".  The tension in the Middle East is growing between Iran on the one hand and the United States and its allies, especially Israel and the Gulf states, on the other, against Iran's nuclear program and Tehran's support for armed groups in Arab countries.

 

Edited July 29, 2019 by DinarThug

[DinarThug]

LINK

The International Monetary Fund warns Iraq against the current "extravagance."

 

29th July, 2019

 

 

The International Monetary Fund (IMF) on Monday warned Iraqi authorities against continuing what it described as "extravagance".

"Iraq's current budget for 2019, if current spending continues as it is, will eliminate any progress Iraq has made economically over the past years," the fund said, according to Babel Finance International.

"Expectations indicate an increase in Iraqi spending by 25% annually, unless the authorities amend their financial laws and balance sheet items."

The IMF described Iraq's economic situation as "facing serious challenges. Social conditions are low and still severe, post-war reconstruction is slow, growth requirements are very high, institutional weaknesses are very clear, volatile oil prices and geopolitical relations have a big role to play. Conditions of the Iraqi economy."

 

Edited July 29, 2019 by DinarThug

[DinarThug]

Abdul-Mahdi: The 2020 census will be electronically for the first time

 

Monday 29 July 2019

 

 

Statistics for {morning}: Field {nationalism} will be treated early

Baghdad / Al-Sabah

 

 

The Prime Minister, Adel Abdul Mahdi, stressed the need for all religious, parliamentary and social bodies and institutions to interact with the general population census, which is expected to be held next year, stressing that the process during which the electronic count will be used for the first time. Health, education, scientific and economic fields, and human development.

This comes at a time when the head of the statistics department in the Ministry of Planning, Zia Awad Kazem, during his speech to «morning» the existence of efforts to address the field «nationalism» in the General Census of Population and Housing 2020 early if referred to in the information to be mentioned.

A statement by the Prime Minister's Office received by Al-Sabah said that "Abdul-Mahdi attended yesterday, the International Population Day held by the Ministry of Planning on the occasion of the 50th anniversary of the founding of the United Nations Population Fund and coinciding with Iraq's readiness to implement the census 2020."

"This day is an important day for us and our goals meet with the international community, because it is a day that makes a person a goal and a supreme value, as God has honored him," he said in a speech during the ceremony. "It is not good for development and development, "He pointed out that wars have destroyed many of the achievements of the Iraqi people.

"We are looking ahead in our preparations for conducting the general population census, which is a basic goal for us because our data is flawed and inaccurate because Iraq has not implemented a census for almost 30 years," he said. We are looking forward to this, and this time we will work on following the electronic count for the first time, and there is hard work to achieve this, drawing on successful international experiences. "

The Prime Minister called upon all the religious, parliamentary and social bodies and institutions to interact with the general population census, stressing the support of the government for the implementation of this census. He praised the efforts of the UN Regional Office and the United Nations Population Fund in this field, and the efforts of the Ministry of Planning and the Central Bureau of Statistics The Government plans and enables it to achieve the goals of sustainable development.

link

[DinarThug]

2 hours ago, 6ly410 said:

Presidency of the Parliament stresses the need to proceed with the legislation of the law of oil and gas

Political 08:30 - 29/07/2019

https://www.mawazin.net/Details.aspx?jimare=57820

 

2 hours ago, 6ly410 said:

Let’s go wow!

 

 

 

     

 

 

 

Iran continues to exploit Iraq .. Mutual funds with Baghdad to escape sanctions

 

 Monday 29 July 2019

 

 

Baghdad - Writings

Attempts to link Iraq's fate to Iran at all political, security and economic levels continue.

The latest economic measures announced by the Iranian media on Monday, 29 July 2019, were the conclusion of a memorandum to establish mutual funds with Iraq.

As agreed between Tehran and Baghdad on the establishment of a stock exchange for Iranian goods, a step that comes within the efforts of Iran to escape from the US sanctions that besieged and placed in an economic predicament did not find an outlet other than Iraq to dispose of their products and agreements to smuggle and hide the financial transactions of Iran through the Iraqi economy.

After the ban on US sanctions on Iranian oil exports, the World Bank warned that Iran would be at the bottom of the economic growth rating for GDP by the end of 2019. Iraq is therefore one of its main tools to break the deadlock.

link

[ChuckFinley]

2 hours ago, DinarThug said:

Looky Here Bro’s - Maliki’s Afraid That He’s On The US ‘Shiite’ List !  

 

     

 

 

Maliki and Fayyad and dagger on the list of new US sanctions

- 13 Hours Ago

 

 

BAGHDAD (Reuters) - Former Iraqi Prime Minister Nuri al-Maliki, who heads a 25-member Iraqi parliament, fears his name appears on the US sanctions list, which recently included four Iraqi figures for links to Iran's influence in the country and its involvement in human rights abuses and involvement. In corruption cases.

The expected list includes Maliki, along with Maliki, leading figures in Iraq, such as Faleh al-Fayadh, head of the popular crowd, and controversial Sunni politician Khamis al-Khanjar.

Nuri al-Maliki: a former prime minister accused of major corruption
and brings together observers in Baghdad that al-Maliki could be convicted of a wide range of issues, most of which return to his second term in the presidency of the government, between 2010 and 2014, especially after the departure of US forces from Iraq in 2011, The inner arena of any sergeant.

He accused Maliki of using the state's power to pursue his political rivals - Shi'ites, Sunnis and Kurds - and was blamed for the disappearance of hundreds of billions of dollars in revenues from the sale of the country's oil during his eight years.

But the biggest accusation that haunts al-Maliki is his direct responsibility for the fall of about one-third of Iraq's territory by elements of an organization calling for the summer of 2014 and the associated Yazid minority in Sinjar, the shedding of Turkoman blood in Tal Afar, the displacement of millions of Sunni residents, Which hit the infrastructure and houses of the population in three Iraqi provinces, both during the occupation period by the preacher, or in the process of liberation.

Al-Maliki publicly expressed his fears when he considered that US reports of suspicious financial links with US officers dating back to his second term were within the realm of political targeting and paved the way for sanctions.

Maliki believes that the repeated publication of US reports accusing him of corruption, "at close times," aims to "implicate Iraqi national figures with the file of US sanctions, which appear to be based on the principle of monopoly of power and the imposition of international tutelage on independent governments and political figures."

Maliki described US corruption charges against him as "false allegations", including "politically targeted targeting and not based on any official source or legal status."

The US DailyPast reported on Wednesday the results of an investigation into large financial commissions received by Maliki personally and some of his closest aides to facilitate the acquisition of a US company run by retired general Frank Helmick, preferential contracts in four military sites within the country.

Maliki's relationship with General Helmick flourished after the US military withdrew from Iraq in 2011, Maliki said, adding that Maliki used his influence to prevent any other company from competing with Soci, whose friend is led by retired US general Frank Helmick.

Faleh al-Fayadh, the head of the Popular Popular Authority and has financial ties with Iran, 
and political sources in Baghdad are talking about a "new batch of Iraqi personalities." He will announce the inclusion of US Treasury sanctions, as happened to the former governor of Salahuddin Ahmed al-Jubouri, Abu Mazen, Former Nineveh Nawfal al-Akoub, and the commander of the network force in the popular crowd of Ryan Chaldean.

The Iraqi government's response to sanctions on these four figures would encourage the United States to issue lists of other figures, the sources said.

The sources revealed that the head of the Popular Lobby, Faleh al-Fayyad, who is the national security adviser in the government of Prime Minister Adel Abdul-Mahdi, may be at the top of a list of new sanctions, issued by the US Treasury Department.

The name of the controversial Sunni businessman, Khamis Khanjar, has already been put on the new list, but efforts are continuing to correct the issue.

If Chaldean and Abu Mazen can resort to US sanctions because of the lack of evidence linking them to any known bank accounts, it would be very different with Maliki, Fayyad and Dagger, as they each have an international financial transaction network and large balances in banks inside and outside the country, As well as the restrictions of movement and political embarrassment, which result from this type of punishment.

An Iraqi political observer did not rule out that Maliki had put his money and property in the care of the Iranian regime and Hezbollah. Therefore sanctions can only affect the level of its financial transactions through the Central Bank of Iraq if the US authorities concerned to monitor his work.

Khamis al-Khangar: Businessman and Arab project leader accused of using money in political operations 
Although Maliki has become a political influence of the past, he is still able to influence the state's work in a hidden way through his followers, which requires uprooting, as happened to the former central bank governor Ali Alalak effort and perseverance and scrutiny, which is not the Iraqi government is able to accomplish at the moment. The inclusion of his name on the list of US sanctions opens a door in hopes of stopping the work of one of the biggest corruption machines in Iraq.

The observer predicted in a statement to "Arabs" that this happens at any moment. This is because the American punishment in the first list included four of those directly involved in financial corruption related to the funds pumped for the reconstruction of the devastated cities after the occupation of Mosul, which is the subject of suspicions about Maliki's direct responsibility for him on the day as prime minister. So the rope seems closer to Maliki's neck at this time than ever before.

"Maliki has already fled to Iran in search of protection, having felt that things could turn against him and be brought to court. This happened immediately after the fall of Mosul, but the terrorist organization urged. A scenario that could be repeated now if a US decision is issued against him. "

Regardless of his political position, Maliki is still the biggest symbol of financial and administrative corruption in Iraq, not only because he has been enriched illegally but also because he has enacted laws that put the Iraqi economy between the jaws of the corruption machine indefinitely.

The Arabs

link

I hope so. It took Trump to finally get to name this guy and start closing that rope around his neck.  

[zul]

17 hours ago, DinarThug said:

 

Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2,

// and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1 {1}

__________

 

So what is that one MCP under Section 3.1 ***{1}?

 

UNDER Section 3.1*** {1}

 

17 hours ago, DinarThug said:

 

*** {1}The authorities have imposed a requirement that, to access the CBI foreign exchange window, a purchaser must have at least one bank account that has been opened for a minimum of six months

 

 

I believe, all it takes to remove this one MCP (one bank acct for a min of 6 months), is just a matter of CBI issuing one circular to all banks telling them that the requirement is no longer applicable./ And that will happens when CBI stops the currency auctions ~ as and when they transit to IMF Art.8

 

Not much of an issue actually, it will be resolved once CBI decides to do so.

 

[DinarThug]

LINK

Kuwait opens a special office to expedite the granting of visas to Iraqis

 

 

 

2019/7/29 21:34 

 

 

Kuwait announced the opening of a special office to expedite the granting of visas to Iraqis to enter the Gulf state.

A statement by the Office of the President of the House of Representatives received the agency {Euphrates News} a copy of it that "the Speaker of the House of Representatives Mohammed Halbusi and his accompanying delegation, met on Monday, the Deputy Prime Minister and Interior Minister Khalid Al-Jarrah Al-Sabah, and during the meeting discussed security cooperation and a number of topics Common interest". 

The statement added that the meeting "discussed the importance of the development of border ports between the two countries and planned reconstruction of the Kuwait Fund for Development."  The two sides also discussed the issue of facilitating the granting of visas, as the Kuwaiti Interior Minister stressed "the opening of a special office to expedite the granting of visas to Iraqis," according to the statement.

 

#################

 

 

 

LINK

Halabousi announces from Kuwait urgent procedures for the granting of visas between the two countries

 

 

 

2019/7/29 22:55 

 

 

Speaker of the House of Representatives Mohamed Halboussi, announced urgent procedures for the granting of visas between Iraq and Kuwait. This came during a meeting with the accompanying delegation on Monday, Governor of Al-Jahraa Nasser Al-Hajaraf and a number of dignitaries and dignitaries of the province. 

A statement issued by his office said that "at the outset of the meeting, he offered a greeting and peace on behalf of the Iraqi people, pointing to the depth of the participants between the two neighboring peoples, stressing the importance of strengthening relations between the two countries, Today in Jahra is to consolidate and strengthen these relations."  He added that "the dignitaries of Jahra province and its dignitaries expressed their great gratitude for this visit, expressing their desire to restore relations to the former and facilitate their visit to Iraq."

Al-Halbusi said during the meeting that "the security situation in the past period imposed on the security authorities in Iraq to protect the brothers and friends from terrorist threats, noting that Iraq now recovered after the victory, and will take the officials of the two countries urgent measures; to facilitate visits and visas."

[DinarThug]

7-29-2019   Newshound Guru Kaperoni    

Article VIII is absolutely necessary to invite investors and capital to Iraq.

They will not get much help rebuilding the private sector if they do not do this.  

Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.

[ChuckFinley]

Just getting back to the site. Read all the posts. It looks like they are dotting all I and crossing all the T. It's just a matter of time before the RV takes place. 

[Desertmedic2009]

It’s tuesday.  Coffee and hopefully some great news today....

[ChuckFinley]

On Standby, looking for that good news.

[Miamiheatnic]

Also on standby..  Wish I could say high alert...Or can I?

[blueskyline]

Our Favorite Clowned posted this in 2015 ...................Its always good to look back and compare how far we have come .........

DinarThug

• CNN - The Clown News Network
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Posted January 24, 2015

Lol - Thx For All Of The Comments And A Big Shout Out To Shelley + DontLop ! 

 

I Swiped This Off Of Some Other Site Like I Usually Do While Hunting For Info To Bring Back To DV !

 

And Now It's Starting To Blow Up On Other Sites As Well

 

Here's Some Comments From One The Guru's That Have Started To Weigh In On It ...

 

 

 

MY LADIES: IF YOU SPEAK IT WILL IT COME?

LET’S HAVE A LOOK AT THIS PIECE IT IS VERY EXCITING.

Opportunity to raise the value of the dinar

1/25/2015 0:00

BAGHDAD - Mostafa Hashemi

economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraq's possession of the elements of the economic boom in all productive sectors.
....

 

In this context, saw economic researcher state fair The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar.

TO ACTIVATE THE AGRICULTURAL SECTORS TO IMPROVE THE VALUE OF THE DINAR.

Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power.

THROUGH ALL THINGS THE DINAR RATE HAS BEEN STABLE EVEN WITHOUT HIGH PURCHASING POWER.

She said just told the "morning" Now is the chance, despite the difficult circumstances, to activate the productive sectors as stated in the government program of encouraging the private sector and entry effectively to the economic development of By relying on its own resources to the private sector and move his money and invested in the development of economic reality.

THIS IS A POWERFUL STATEMENT. NOW IS THE CHANCE TO ACTIVATE THE PRODUCTIVE SECTORS. AND DO WE NEED TO DO THAT?

THAT’S RIGHT WE NEED A REALITY RATE AND AN INTERNATIONAL CURRENCY.

She noted that the citizens believe that achieved an increase in oil production to ensure a major boost for the dinar in time looking where to direct positive repercussions on their standard of living through the production and export growth, hoping in this matter is resolved through the involvement of the private sector in the development process.

THEY ARE SAYING THE INCREASE IN OIL PRODUCTION WILL ENSURE THE BOOST FOR THE DINAR.

It called economic researcher to develop solutions that contribute to upgrading the reality of living of the citizen and the creation of employment opportunities and jobs for graduates and the unemployed through the activation of the private sector because it possesses the freedom to manage his business and his money away from the bureaucracy that makes production distinct exploited by the efforts and energies of young.

THEY ARE LOOKING FOR SOLUTIONS TO UPGRADE THE REALITY OF LIVING

The academic economist, Dr. Majid Baidhani said earlier in the "morning" to increase the productivity of the individual worker comes through the activation of the private sector and projects in the productive sectors such as agriculture and industry.

THIS ACTIVATION OF THE PRIVATE SECTOR WE HAVE BEEN LOOKING AT

He added: It is necessary to achieve financial revenues through the creation of jobs and opportunities work in the private sector and make it equally with government officials privileges that contribute significantly to the revival of the booming economy, having to rely on the oil industry to activate those opportunities.

He said: that the central bank managed through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this is has led his role regarding the improvement of the exchange rate.

THEY ARE SAYING THE CBI IS READY HAVING IMPLEMENTED SUCCESSFUL FISCAL POLICIES.

He continued: Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support system" rel="">support to the private sector and the implementation of the government program, which stressed the importance in advancing the country's economy forward.

NOW THEY SAY THE GOVERNMENT CAN COMPLETE THE DRAWING OF THIS PICTURE BY SUPPORTING THE PRIVATE SECTOR

Stressing that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition implement currency controls to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years.

He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets.

WOW!! DID YOU READ THAT! GO AHEAD READ IT AGAIN!!

 SEVERAL FACTORS CONFIRMS THE THE POSSIBILITY OF THE HIGH VALUE OF THE DINAR AGAINST THE DOLLAR. WHEW!! THAT’S A MOUTHFUL

It is said that the central bank was able during the previous years of the reduction of the dollar against the dinar from 1450 dinars to the dollar to 1166 Dinara adopted in the bank.

http://www.alsabaah.iq/ArticleShow.aspx?ID=85286

SO THERE YOU HAVE IT FINALLY THEY ARE TALKING OUT LOUD.

BUCKLE UP BUT STAY GROUNDED THIS IS VERY POSITIVE NEWS.

I WANTED IT READ TWICE IN ARABIC TO BE SURE IT WAS SAYING WHAT I THOUGHT IT WAS SAYING.

                     

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Article from 2015?

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Should've scrolled up more. Yah we have come long ways thug