Go Iraq Part 10

[chris2028]

36 minutes ago, davis411 said:

I can’t rember 

Kuwait didn’t same thing sort of happen

 

guns sanctions protection 

boom 

Yes from what I recall... Very Similar

[6ly410]

 

 

[6ly410]

Video ..... loans and advances to employees of the Ministry of Interior and other banking services

 

 

[6ly410]

 

Edited January 9, 2020 by 6ly410

[6ly410]

 

[6ly410]

 

 

 

 

01/09/2020 18:56

 

http://almasalah.com/ar/news/185820/اللجنة-المالية-تكشف-آلية-دفع-الديون-العراقية-والمركزي-يكشف-سياسته-للسيطرة-على-سعر-الصرف

The Finance Committee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate

 

Baghdad / Obelisk: The Parliamentary Finance Committee announced, Thursday, January 9, 2020, a discussion of the mechanisms that must be followed to preserve Iraqi money, pay debts, and the financial situation in light of the tension in the region, during its hosting of the governor of the Central Bank and the Ministry of Finance and the head of the Financial Supervision Bureau.

A statement to the committee said that it hosted the governor of the Central Bank, the head of the Financial Supervision Bureau, the director general of the budget department in the Ministry of Finance and the assistant director general of the Iraqi Trade Bank, TBI , to “discuss the current events in light of the military escalation taking place in the region and its effects on the financial situation of the country and the monetary policy that must be followed To control the exchange rate of the currency in the Iraqi market. "

The statement added, "The Finance Committee heard the guests' presentation after they provided a detailed explanation of the mechanisms that must be followed to preserve Iraqi money inside and outside Iraq."

He continued, "The Governor of the Central Bank indicated that Iraq’s debts were scheduled and paid at the specified times, stressing at the same time that the political positions of Iraq affect, of course, its financial position, whether negatively or positively, and that follows the type of position and the consequent reaction."

The Finance Committee confirmed at the conclusion of the statement, it "seeks to permanently stave off danger from Iraqi money and correct the course of its monetary policy in light of the tension in the region and spare the country to fall into a deadlock that negatively affects its economy and development."

Obelisk

[6ly410]

The Finance Committee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate

[Arceo]

 

[6ly410]

 

 

[6ly410]

 

[6ly410]

[6ly410]

 

[Arceo]

3 minutes ago, 6ly410 said:

 

What they doin. 6y go pose as a Doordasher and bring them some Donuts 

[6ly410]

Stressing "the need to support system" rel="">support the dinar in this economic phase that Iraq is going through, in order to alleviate those with low incomes and poor segments of society."

[6ly410]

d 11 minutes ago

Dinar support system" rel="">support for daily transactions is required now   

LINK

 

  Friday 10 January 2020

 

 

Markets recorded in the past few days a relatively high exchange rate of the dollar against the Iraqi dinar, as well as the high price of gold locally, at a time when specialists considered this rise within the normal rates and does not call for fear; because the conditions that Iraq has gone through previously proved that.

On Friday, gold prices recorded 260 thousand dinars, while the exchange rate of the dollar reached 122 thousand Iraqi dinars against the hundred dollars, after it reached 124 thousand dinars per hundred dollars last week.

 

General conditions

 

The banking advisor, Dr. Issam Al-Mahawili, stated that "the high dollar exchange rate is influenced by circumstances, news and general conditions as (spongy boarding) and temporary and will return to its normal levels, but it will take one or two weeks at the most."

Al-Mahawili added in an interview with Al-Sabah that this fluctuation in the price will continue for a period until the gap between supply and demand returns to its normal size. 

Calling for "not to acquire the dollar and deal." 

It is used in buying and selling and relying in the daily commercial dealings on the dinar, because this will reduce the demand for it, which increases the supply. "

"Consequently, abundance will contribute 

Greatly reduced its exchange rate, " 

Stressing "the need to support system" rel="">support the dinar in this economic phase that Iraq is going through, in order to alleviate those with low incomes and poor segments of society."

 

Productive sectors

 

The banking advisor stated that "activating the productive sectors would reduce the effects of the low exchange rate of the dinar against the dollar, as in the final outcome it reduces imports of goods that can be produced and manufactured locally and that cost large amounts of money that can be invested and invested in revitalizing those sectors."

He stressed that "the central bank 

A discreet institution capable of handling 

Such an imbalance is that Iraq is a rich country 

And his revenues from oil exports did not stop from him despite the fluctuating price of a barrel globally, "stressing that prices will return to their normal rates after a period of time has passed."

 

Previous experience

 

In turn, economic researcher Firas Amer said that "such an imbalance in the exchange rate is a result of the conditions the country is going through," adding that "this reality has been experienced by Iraq previously after the stability of the dollar exchange rate during the years 2012 and 2013."

He pointed out that "the high price of gold and the dollar in Iraq has to do with the threats and economic concerns that the country may be exposed to due to regional conditions and fears of the outbreak of conflicts in the region that may have repercussions on the country."

He explained that "Iraq is an oil producing country 

And that the news I covered 

Various media outlets have created an unwarranted panic among Iraqis. " 

Pointing out that the market is now 

It is controlled by the central bank, except from some weak souls who take advantage of these conditions to raise prices, as there is a state of general confusion in the gold markets and exchange rates locally.

[6ly410]

Political forces adopt a proposal to reassign Abdel-Mahdi as prime minister and attempts to persuade Sadr

[6ly410]

 

[6ly410]

thanks to the Mahdi goverment.. now we have this agreement between Baghdad and Erbil...this China deal... Mahdi government again...

[umbertino]

 

Folks....Iraq PTB still have mountains and mountains of issues to solve.....Or else they will be ( maybe slowly but inevitably) killed one by one......

 

Let's be realistic ( if that's ever possible....)

 

 

Sticking w the Iraqi People......

[6ly410]

 

[6ly410]

The Kurdistan Regional Government (KRG) sees Abdel Mahdi as a reliable ally and had hoped he would help rebuild ties between Baghdad and Arbil, which frayed following the KRG’s controversial independence referendum in 2017.

The KRG continued to back him as protests erupted across Baghdad and Iraq’s Shia-majority south in October, which eventually prompted Abdel Mahdi to step down.

Days before his resignation, the KRG had agreed “in principle” with Baghdad on a revenue-sharing deal that granted it a share of the 2020 federal budget in exchange for exporting its oil through the national seller.

The KRG saw the terms of the agreement as favorable and feared that Abdel Mahdi’s replacement would not stick to it, but political factions have not agreed on a candidate.
 

Edited January 12, 2020 by 6ly410

[6ly410]

that the region will not find a suitable figure more than Abdul-Mahdi, and we reached a dead end, and there is no objection to Abdul-Mahdi's return

 

indicating that" most of the Shiite forces with the return of Abdul-Mahdi

 

the Shiite blocs will not nominate a person other than Abdul - Mahdi , because there is no alternative to him ".

He added, " Abdul-Mahdi is the most suitable person to renew confidence in him 

 

Edited January 12, 2020 by 6ly410

[6ly410]

And revealed the Kurdistan Islamic Group, yesterday, Saturday, the existence of a consensus of the Kurdish political forces to re-give confidence to the resigned Prime Minister Adel Abdul-Mahdi, describing Abdul-Mahdi as the most successful Iraqi Prime Minister after 2003

[6ly410]

https://www.newsbtc.com/2020/01/12/gigantic-ethereum-buy-wall-may-be-enough-to-spark-a-parabolic-rally/

 

https://www.newsbtc.com/2020/01/12/analyst-explains-why-ethereum-best-investment-2020s/

Edited January 12, 2020 by 6ly410

[6ly410]