Conscious / Reduce The Iraqi Dinar Exchange Rate ... Punish People !

[6ly410]

Salih assures the GCB of the need to follow a balanced monetary policy

Thursday 04th June 2020 - 17:18

https://www.ina.iq/eng/8515/salih-assures-the-gcb-of-the-need-to-follow-a-balanced-monetary-policy

 

Baghdad - INA

 

 Today, Thursday, President of the Republic, Barham Salih, stressed the need to follow a balanced monetary policy and work to strengthen the financial situation through diversification of state resources.

 

 A statement by the Presidency of the Republic received by the Iraqi News Agency (INA) stated that "the President of the Republic received today at the Palace of" Baghdad ", the Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq."

 

 The President of the Republic stressed, according to the statement, the need to follow a balanced monetary policy, and work to strengthen the financial situation through diversification of state resources and rationalization of government spending, especially in the current circumstances in which the country faces the Corona pandemic, and low oil imports.

 

[DinarThug]

7 minutes ago, 6ly410 said:

Salih assures the GCB of the need to follow a balanced monetary policy

Thursday 04th June 2020 - 17:18

 

LINK

Saleh stresses the need for reforms and rationalization of government spending

 

 

14:14 - 04/06/2020

 

The President of the Republic, Barham Salih, stressed, on Thursday, the need to make appropriate reforms and combat corruption, and to work to rationalize government spending and preserve public money.

A statement by the Presidency of the Republic received / information /, a copy of it, that “President of the Republic Barham Salih received, today, at the Baghdad Palace, Minister of Finance Ali Abdul Amir Allawi,”noting that “the President of the Republic stressed the necessity of undertaking appropriate reforms and combating corruption, and working to rationalize Government spending and preserving public money, developing and diversifying sources of the economy while the country faces the new Corona epidemic.  Saleh stressed the importance of "economic remedies to get out of the current situation should not affect the low-income classes, employees and retirees and their life obligations."

It was also stressed, according to the statement, that "outstanding issues between the federal government and the Kurdistan Regional Government should be resolved in accordance with
the constitution and legal frameworks in a manner that preserves the rights of all citizens."
 
The statement pointed out that "the meeting dealt with discussing the necessary means to support Iraq to face the current financial crisis and the plans and measures required to overcome it, and the importance of uniting efforts and solidarity among all to reduce the deficit in the public budget in order to achieve social justice and economic stability for all Iraqis." 

[Gypsygirl11]

2 hours ago, Theos said:

Can someone explain why we mix so many different news topics into one thread?? Thanks

Come on Theo's, you got to keep up son.

 

Thanks for all the great articles Thugman. Hopefully something happens.

[DinarThug]

Laid Back

• Om sai Ram
• 
• Platinum VIP
   

3 hours ago, DinarThug said:

And BOOM - Here It Is !  

Somebody Light A Celebratory ‘Spliff’ And Wake Up The Hammock Boy ...

     

 

And Now This Next Article Will Probably Knock Hammock Boy’s Socks Off !   

 

 

Yo Snap - I Guess That The Auctions Article Already Did That ...

 

     

 

Warmly welcome Al-Kazemi ... Pompeo pledges financial support for Iraq to recover "instantly"

 

Free - Washington

 

June 04, 2020

 

 

 

Thursday, US Secretary of State Mike Pompeo congratulated Iraqi Prime Minister Mustafa Al-Kazemi for his assumption of the new Iraqi government.

"I would like to begin by warmly welcoming Prime Minister Al-Kazemi and congratulating him on the new Iraqi government and the peaceful transfer of power on behalf of the entire coalition. We are all committed to your success in support of the permanent defeat of ISIS," Pompeo said, according to the State Department statement.

Pompeo also praised during his speech Thursday, at the ministerial meeting of the International Alliance to Combat ISIS, held in the American capital, Washington, on the peaceful transfer of power in Iraq.

"We participate in the financial burden that ensures an immediate Iraqi recovery," Pompeo added, adding that the United States pledged last year $ 100 million to the coalition's main stabilization program in the liberated areas.

The US Secretary of State expressed his aspiration to "deepen the partnership with the people and the Iraqi government, through a series of discussions, especially through the strategic dialogue between Iraq and the United States," which will begin later this month.

Pompeo added that accomplishing the victory over ISIS demonstrates the value of the alliance "and stresses the commitment of the United States to lead its allies and partners towards shared victories."

"But our battle against ISIS will continue in the foreseeable future. We cannot rest. We must continue to get rid of ISIS cells and networks and provide stability assistance to the liberated areas of Iraq and Syria," Pompeo added.

The US Secretary of State referred to the massacre perpetrated by ISIS at the Children's Hospital in Afghanistan last month, as it chose to target mothers who had given birth to lost their babies. 

link

[MyLadiesDaddy]

13 minutes ago, DinarThug said:

Warmly welcome Al-Kazemi ... Pompeo pledges financial support system" rel="">support for Iraq to recover "instantly

If that title doesn't give you all you need to know nothing will. 

I still find it Amazing that few people know what's coming. 

[DinarThug]

2 hours ago, Theos said:

Can someone explain why we mix so many different news topics into one thread?? Thanks

Lol ! It’s A Good Question Which Others May Also Be Wondering - Plus It Gives Me A Good Reason To Explain It !  

 

The Tag ‘Economic And Budget’ Below The Title Of The Thread Indicates The Type Of Articles That Are Contained !  

 

economic and budget !

This Thread Has About A Dozen Articles So Far And The One I Had Started 24 Hours Earlier Contained A Similar Number ! 


The Sheer Volume Makes It Easier To Group Them Together Whenever The Clown Is Rollin’ ...  

 

 

A Couple Of Other Tags That I Use Are ‘The New PM And Parliament Thread’ For Non Economic Articles Like Cabinet Member Selections, Etc...

 

the new pm and parliament thread 

 

And Also The Tag ‘Iran And Corona Influences’ Which Besides Covid - Also Contains Articles About The Iranian Militia’s, Etc., And I Just Posted A New One With Yet Another BLOCKBUSTER Story From Today !  

 

iran and corona influences !

The Good News Be Flowing ...  

 

     

[DinarThug]

2 hours ago, Pitcher said:

That’s easy. We have 3 major network news media outlets. 

 

Thugs News Today,  TNT.  

 

Mary Broadcast Company,   MBC

 

Yota Eyewitnesses Story,  YES

 

😀😀

CNN - If Something Happened It’s News To Us !  

 

 

Now Them Other 2 Networks Be Straight Up Legit ...

 

     

[horsesoldier]

6 minutes ago, DinarThug said:

Lol ! It’s A Good Question Which Others May Also Be Wondering - Plus It Gives Me A Good Reason To Explain It !  

 

The Tag ‘Economic And Budget’ Below The Title Of The Thread Indicates The Type Of Articles That Are Contained !  

 

economic and budget !

This Thread Has About A Dozen Articles So Far And The One I Had Started 24 Hours Earlier Contained A Similar Number ! 


The Sheer Volume Makes It Easier To Group Them Together Whenever The Clown Is Rollin’ ...  

 

 

A Couple Of Other Tags That I Use Are ‘The New PM And Parliament Thread’ For Non Economic Articles Like Cabinet Member Selections, Etc...

 

the new pm and parliament thread 

 

And Also The Tag ‘Iran And Corona Influences’ Which Besides Covid - Also Contains Articles About The Iranian Militia’s, Etc., And I Just Posted A New One With Yet Another BLOCKBUSTER Story From Today !  

 

iran and corona influences !

The Good News Be Flowing ...  

 

     

 

Naw ! I still say some folks be Nucking Futs 👍

[DinarThug]

ladyGrace'sDaddy

• Senior Member
• 
• Platinum VIP

 

26 minutes ago, ladyGrace'sDaddy said:

If that title doesn't give you all you need to know nothing will. 

I still find it Amazing that few people know what's coming. 

 

Can U Say - Christmas In July ?  

 

     

[Rochester]

1 hour ago, 6ly410 said:

Salih assures the GCB of the need to follow a balanced monetary policy

Thursday 04th June 2020 - 17:18

https://www.ina.iq/eng/8515/salih-assures-the-gcb-of-the-need-to-follow-a-balanced-monetary-policy

 

Baghdad - INA

 

 Today, Thursday, President of the Republic, Barham Salih, stressed the need to follow a balanced monetary policy and work to strengthen the financial situation through diversification of state resources.

 

 A statement by the Presidency of the Republic received by the Iraqi News Agency (INA) stated that "the President of the Republic received today at the Palace of" Baghdad ", the Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq."

 

 The President of the Republic stressed, according to the statement, the need to follow a balanced monetary policy, and work to strengthen the financial situation through diversification of state resources and rationalization of government spending, especially in the current circumstances in which the country faces the Corona pandemic, and low oil imports.

 

I really like that Sofa.

Go RV

Go Sofa

Go Chesterfield, if you are Canadian

Go Hammock, if you are Hammock Boy 😂😂😂😂

[DinarThug]

30 minutes ago, ladyGrace'sDaddy said:

If that title doesn't give you all you need to know nothing will. 

 

And Santa’s Really Gonna Like This Next ‘Stocking Stuffer’ !  

 

     

 

Parliamentary criticizes the option of external borrowing: We need Iraqi dinars, not foreign currencies

2020.06.04 - 22:23

 

People - Baghdad  

 

The Deputy for the Block of Walkers, Inaam Al-Khuzai, called on Thursday, Prime Minister Mustafa Al-Kazemi, to avoid external borrowing, pointing out that financial institutions operating in Iraq can be persuaded to secure good sums to supplement and finance the budget.  

Al-Khuza’i said, in a message addressed to al-Kazemi, which NAS received a copy of (June 4, 2020), that it “raises a surprising and great concern (the domestic and foreign borrowing law) regarding the governmental directions towards external borrowing, to finance public expenditures for several reasons. 

The reasons for the external borrowing law are the decline in oil prices, and this decline is not surprising, and Iraq has been living with it for years due to the fluctuations of oil prices, both low and high. 

She added, "Consequently, it is not necessary to mortgage the country's economic and financial resources abroad due to the volatility of oil prices, especially since prices witness a significant recovery after touching the $ 40 per barrel barrier recently due to the commitment of major oil producers to control production and start global economic activity in coexistence with the Corona pandemic and gradually move the economic sectors." .  

Al-Khuza’i explained, “The second reason for abandoning external borrowing is the lack of a budget need for cash (in foreign currency), but there is a need for (Iraqi dinars) to bridge the financing gap until prices recover and maximize other government’s financial resources,” noting that, “The government directs External borrowing depends on Iraq’s fate to international will and a serious threat to its political, economic and social security. 

Instead, internal borrowing should be approved by tracking the financial flows flowing from Iraqi banks (Rafidain and Rashid and the Iraqi Trade Bank) and other private banks, and the central bank will support these banks as It happened in 2016 and 2017.  

The representative pointed out that "financial institutions operating in Iraq can be persuaded to secure good sums to supplement and finance the budget, until oil prices improve and pay off all domestic obligations and debts without harming the sovereignty and political and economic future of Iraq," stressing, "The government's need to maximize revenue Non-oil, eliminating pockets of corruption, waste ports in state resources, such as border ports and huge revenues, real estate of the looted country, opening a file (debts owed by communication companies), and Iraqi money abroad, and other abundant financial resources, not immediately resorting to easy solutions ( External borrowing) and risking the future of the country and the citizen.  

LINK

[NEPatriotsFan1]

1 hour ago, DinarThug said:

Laid Back

• Om sai Ram
• 
• Platinum VIP!" rel="">VIP
   

 

And Now This Next Article Will Probably Knock Hammock Boy’s Socks Off !   

 

 

Yo Snap - I Guess That The Auctions Article Already Did That ...

 

     

 

Warmly welcome Al-Kazemi ... Pompeo pledges financial support system" rel="">support for Iraq to recover "instantly"

 

Free - Washington

 

June 04, 2020

 

 

 

Thursday, US Secretary of State Mike Pompeo congratulated Iraqi Prime Minister Mustafa Al-Kazemi for his assumption of the new Iraqi government.

"I would like to begin by warmly welcoming Prime Minister Al-Kazemi and congratulating him on the new Iraqi government and the peaceful transfer of power on behalf of the entire coalition. We are all committed to your success in support system" rel="">support of the permanent defeat of ISIS," Pompeo said, according to the State Department statement.

Pompeo also praised during his speech Thursday, at the ministerial meeting of the International Alliance to Combat ISIS, held in the American capital, Washington, on the peaceful transfer of power in Iraq.

"We participate in the financial burden that ensures an immediate Iraqi recovery," Pompeo added, adding that the United States pledged last year $ 100 million to the coalition's main stabilization program in the liberated areas.

The US Secretary of State expressed his aspiration to "deepen the partnership with the people and the Iraqi government, through a series of discussions, especially through the strategic dialogue between Iraq and the United States," which will begin later this month.

Pompeo added that accomplishing the victory over ISIS demonstrates the value of the alliance "and stresses the commitment of the United States to lead its allies and partners towards shared victories."

"But our battle against ISIS will continue in the foreseeable future. We cannot rest. We must continue to get rid of ISIS cells and networks and provide stability assistance to the liberated areas of Iraq and Syria," Pompeo added.

The US Secretary of State referred to the massacre perpetrated by ISIS at the Children's Hospital in Afghanistan last month, as it chose to target mothers who had given birth to lost their babies. 

link

You’ve been a busy beaver today Thugs! 
 

Im. Digging the word Instantly.... much better than the “S” Word or in the coming days! 

[Theos]

1 hour ago, Gypsygirl11 said:

Come on Theo's, you got to keep up son.

 

Thanks for all the great articles Thugman. Hopefully something happens.

My head is spinning.  Thanks Thugs!

[Pitcher]

14 minutes ago, NEPatriotsFan1 said:

Im. Digging the word Instantly.... much better than the “S” Word or in the coming days! 

 

Don’t foget last summer they threw out Imminent!!!   

 

This is INSTANTLT!!!!   I like it better.  Push the button Iraq

 

 

 

 

[6ly410]

56 minutes ago, DinarThug said:

The Good News Be Flowing ... 

Edited June 4, 2020 by 6ly410

[MyLadiesDaddy]

48 minutes ago, DinarThug said:

ladyGrace'sDaddy

• Senior Member
• 
• Platinum VIP!" rel="">VIP

 

 

Can U Say - Christmas In July ?  

 

     

Remember, There are 12 days of Christmas.  

The IQD isn't the only thing that will EXPLODE in value this year. 

 

And Believe me, Santa Knows 

[MyLadiesDaddy]

Now how do ya think he's gonna do that?

 

 

 

[Pitcher]

41 minutes ago, DinarThug said:

The second reason for abandoning external borrowing is the lack of a budget need for cash (in foreign currency), but there is a need for (Iraqi dinars) to bridge the financing gap until prices recover and maximize other government’s financial resources,”

 

 

If they take the Dinar International and have a rate at say .10-.30 they would accomplish a number of items that would be good for Iraq.  

 

1. Many like us would turn in our Dinar.

 

2. By coming out low they keep Inflation in check

 

3.  Giving the Dinar should quell the Protesters some

 

4. International investors would buy Dinar in hopes of a bigger return.  New bag holders. Haha.  Seriously Iraq needs Big International Investors to build the Infrastructure from years of War.  They won’t invest if they don’t see an opportunity to reap a good gain.  

 

Its time don’t you think.  How much worse could it be.  Time to try something different Iraq.  Let’s go Iraq!!!  Push the damn button!!

[Pitcher]

When you open your RV present be ready for anything!!!!

 

The cat is out of the bag um, I mean out of the box!

 

[Pitcher]

12 minutes ago, Pitcher said:

3. Giving the Dinar should quell the Protesters some

 

Sorry, I got distracted and didn’t reread this before posting.  It should read.

 

3.  Giving the Dinar a new higher rate should quell the Protesters some.  

 

 

[wealthhound]

2 hours ago, ladyGrace'sDaddy said:

If that title doesn't give you all you need to know nothing will. 

I still find it Amazing that few people know what's coming. 

Don't matter LGD.....we know!!!😉😉😉

[Half Crazy Runner]

1 hour ago, DinarThug said:

ladyGrace'sDaddy

• Senior Member
• 
• Platinum VIP!" rel="">VIP

 

 

Can U Say - Christmas In July ?  

 

     

I think that’s the title of a Hallmark Channel movie 😄

[DinarThug]

18 hours ago, DinarThug said:

Deputy: America told the Iraqi government to search for alternatives to import energy and gas away from Iran

 

 

Policy 3/6/2020 19:13 655 Editor: gf    

Baghdad today - Baghdad 

 

The deputy of the Kurdistan Islamic Union bloc, Jamal Cougar, revealed on Wednesday (3 June 2020) a condition that the United States of America placed on the Iraqi government regarding importing gas and electricity from other countries away from Iran. 

Cougar said in an interview singled out (Baghdad today), "Washington imposed conditions on the new government related to the import of gas and electricity from other countries away from Iran."

He added that "those conditions come in light of the Iranian-American conflict, and the economic sanctions imposed on Tehran, and consequently the Iraqi government is obligated to search for alternatives to import electric power and gas, such as if the orientation is towards Saudi Arabia, Kuwait or other countries." 

Earlier in the day, Iranian Energy Minister Reza Ardakanian assured President Barham Salih of his country's desire to invest in the energy field in Iraq. 

And Erdakanian reiterated his country's readiness to continue cooperation and support system" rel="">support in all fields of Iraq, and its serious desire to invest in energy, expand electricity networks and exchange experiences. 

Prime Minister Mustafa Al-Kazemi confirmed to the Iranian Energy Minister today that Iraq is keen to establish the best relations with its neighbors. 

Al-Kazemi said, in a statement, that "the whole world is facing difficult conditions due to the Corona pandemic and its repercussions on the economic scene," stressing that "the utmost efforts should be made to address the complex problems experienced by the countries of the region." 

Al-Kazemi stressed that "Iraq is keen to establish the best relations with its neighbors, and that the government and within its basic program seeks to develop the scope of external cooperation and increase the exchange of experiences."

LINK

 

LINK

Al-Kaabi calls on German companies to take the initiative in organizing effective partnerships with Iraq

 

3rd June, 2020

 

The  first deputy speaker of the House of Representatives, Hassan Al-Kaabi, called today on German companies for the initiative in organizing effective partnerships with Iraq

And his media office said in a statement received by "Gilgamesh Press", that "Al-Kaabi received in his office the German ambassador in Iraq, who told Dell, in the presence of   Representative Enas Al-Maksousi, where they reviewed the ways to develop relations at various levels and the importance of continuing and activating the agreement with the German company Siemens to improve the electricity sector

Al-Kaabi stressed  the "necessity to enhance joint coordination between Iraq and Germany to contain and confront the Corona pandemic," expressing his "earnest endeavor to overcome all obstacles facing the work of German investors, businessmen and economists, especially with the issue of facilitating obtaining an entry visa (Iraq) to Iraq

Al-Kaabi said that "Iraq is on the verge of   comprehensive and major economic, industrial and agricultural development", calling on all owners of capital and large and small companies in the Republic of Germany "for the initiative to organize strong and effective partnerships with the relevant authorities in Iraq, especially as the country has fertile land and an attractive environment And suitable for the establishment and success of the strongest investment projects

In turn, the German ambassador expressed his country's keenness to strengthen cooperation with Iraq in all fields and the continuation of joint coordination in confronting the emerging Corona virus, and to give full support in this regard, stressing that "Germany has a real and serious desire to activate the investment and commercial sector and implement programs and agreements concluded between the two countries

[keylime]

5 hours ago, Theos said:

Can someone explain why we mix so many different news topics into one thread?? Thanks

NEWSFLASH!

 

NOPE!!!!

[Floridian]

Today's news is just unbelievable!

 

Thanks @DinarThug    🙏🙏🙏