yota691 Posted May 3, 2022 Report Share Posted May 3, 2022 The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion 2022-05-03 06:01 Shafaq News/ The International Monetary Fund expected that Iraq will achieve a jump in its public revenues during 2022 after the rise in oil prices. According to the fund's estimates, seen by Shafak News Agency, "it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally," noting that "it is expected that Iraq's revenues during 2022 will reach 149 billion dollars." And an annual change rate of 73 percent from 2021. The report added that "Saudi Arabia's revenues are expected to rise $327 billion with an annual change of 28 percent, while Libya's annual revenues for the current year will reach 39 billion dollars with an annual change of 84 percent, while the UAE's revenues will be 190 billion dollars with an annual change of 46 percent, and Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent. He added that "Qatar's revenues are expected to reach $84 billion with an annual change of 40 percent, Bahrain's revenues will be 11 billion dollars with an annual change of 39 percent, and Oman's revenues will amount to 39 billion dollars with an annual change of 34 percent, while Algeria's revenues will reach 58 billion dollars, with a percentage change of 28 percent." percent". Oil prices rose during 2022 to above $100 per barrel after Russia, one of the world's largest oil and gas exporters, launched a war against Ukraine, with concerns about a disruption and a scarcity of oil exports. 3 2 4 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 3, 2022 Author Report Share Posted May 3, 2022 To 150 billion dollars .. the International Monetary expects an increase in Iraq's public revenues - 03-05-2022 01:22 PM - Number of readings: 3067 The International Monetary Fund expected an increase in Iraq's public revenues during 2022 after the increase in oil prices. According to the fund’s estimates, “it is expected that the Arab oil-exporting countries will witness leaps in their revenues during the current year, in conjunction with the rise in oil prices globally,” noting that “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent over the year 2021. The report added that "Saudi Arabia's revenues are expected to rise $327 billion with an annual change of 28 percent, while Libya's annual revenues for the current year will reach 39 billion dollars with an annual change of 84 percent, while the UAE's revenues will be 190 billion dollars with an annual change of 46 percent, and Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent. He added that "Qatar's revenues are expected to reach $84 billion with an annual change of 40 percent, Bahrain's revenues will be 11 billion dollars with an annual change of 39 percent, and Oman's revenues will amount to 39 billion dollars with an annual change of 34 percent, while Algeria's revenues will reach 58 billion dollars, with a percentage change of 28 percent." percent". Oil prices rose during 2022 to above $100 per barrel after Russia, one of the world's largest oil and gas exporters, launched a war against Ukraine, with concerns about a disruption and a scarcity of oil exports 1 4 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 4, 2022 Report Share Posted May 4, 2022 hmmmm...any thoughts? 2 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 4, 2022 Report Share Posted May 4, 2022 change in rate???? 2 6 1 Quote Link to comment Share on other sites More sharing options...
southbeach Posted May 4, 2022 Report Share Posted May 4, 2022 GCC unified currency increase across the board. That’s what I think. 3 3 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 4, 2022 Report Share Posted May 4, 2022 24 minutes ago, southbeach said: GCC unified currency increase across the board. That’s what I think. very real possibility 5 2 Quote Link to comment Share on other sites More sharing options...
DoD Posted May 4, 2022 Report Share Posted May 4, 2022 46 minutes ago, southbeach said: GCC unified currency increase across the board. That’s what I think. They brought that up years ago about the one currency but I guess with so much corruption they put it on hold. I would doubt all those mentioned countries would allow Iraq to input their worthless currency into the mix just to drag the value down. 3 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Laid Back Posted May 4, 2022 Popular Post Report Share Posted May 4, 2022 “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent.“ $0.00068 “Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent.” $3.26 Open your eyes and you can see 👀 Go Iraq Go international Go Stronger Dinar 3 1 1 2 17 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted May 4, 2022 Report Share Posted May 4, 2022 28 minutes ago, Laid Back said: “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent.“ $0.00068 “Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent.” $3.26 Open your eyes and you can see 👀 Go Iraq Go international Go Stronger Dinar There it is so LB you are thinking of a rate around $3.73 NOW??? Come on RV!!! 1 2 4 3 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted May 4, 2022 Report Share Posted May 4, 2022 52 minutes ago, Dinarrock said: There it is so LB you are thinking of a rate around $3.73 NOW??? Come on RV!!! The higher the better 👍🏼💰💵 6 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted May 4, 2022 Report Share Posted May 4, 2022 Just wonder, If the rate comes out that high $3.73, is that going to be a straight revaluation or reinstatement or redenomination? 1 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 4, 2022 Report Share Posted May 4, 2022 4 hours ago, rvmydinar said: Just wonder, If the rate comes out that high $3.73, is that going to be a straight revaluation or reinstatement or redenomination? i think it will be reinstatement...at 3.73 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 4, 2022 Report Share Posted May 4, 2022 10 hours ago, southbeach said: GCC unified currency increase across the board. That’s what I think. GCC will be end game 1 3 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted May 4, 2022 Report Share Posted May 4, 2022 1 hour ago, screwball said: GCC will be end game As LB said the higher the better. 1 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 4, 2022 Author Report Share Posted May 4, 2022 POSTED ON2022-05-04 BY SOTALIRAQ The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion The International Monetary Fund expected Iraq to achieve a jump in its public revenues during 2022, after the rise in oil prices. According to the fund’s estimates, “it is expected that the Arab oil-exporting countries will witness leaps in their revenues during the current year, in conjunction with the rise in global oil prices,” noting that “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent.” for the year 2021. The report added that “Saudi Arabia’s revenues are expected to rise 327 billion dollars with an annual change of 28 percent, while Libya’s annual revenues for the current year will reach 39 billion dollars with an annual change of 84 percent, while the UAE’s revenues will be 190 billion dollars with an annual change of 46 percent, and Kuwait’s revenues will be 102 billion.” dollars with an annual change rate of 46 percent. He added that "Qatar's revenues are expected to reach $84 billion with an annual change of 40 percent, Bahrain's revenues will be 11 billion dollars with an annual change of 39 percent, Oman's revenues will amount to 39 billion dollars with an annual change of 34 percent, while Algeria's revenues will reach 58 billion dollars, with a percentage change of 28 percent." percent". Oil prices rose during 2022 to above $100 per barrel after Russia, one of the world's largest oil and gas exporters, launched a war against Ukraine, with concerns about a disruption and a scarcity of oil exports. 1 7 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted May 5, 2022 Report Share Posted May 5, 2022 20 hours ago, screwball said: i think it will be reinstatement...at 3.73 We can only hope for. 2 2 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted May 5, 2022 Report Share Posted May 5, 2022 On 5/4/2022 at 1:53 PM, Laid Back said: “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent.“ $0.00068 “Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent.” $3.26 Open your eyes and you can see 👀 Go Iraq Go international Go Stronger Dinar Sounds good LB and thank you but I have given up on speculating dates and expected rate changes.. whenever it is and whatever the rate, it will be ok with me. 5 3 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted May 5, 2022 Report Share Posted May 5, 2022 I wasn’t expecting any interesting news today, but you all have my attention now!! 👀 3 3 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted May 5, 2022 Report Share Posted May 5, 2022 If the IMF is expecting this kinda jump... perhaps my Bank Account should be expecting a BIG jump There, I said the dreaded 4 letter word. I ain't scared or superstitious...knock on wood 😄 8 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 5, 2022 Report Share Posted May 5, 2022 15 hours ago, NoviceInvestor said: Sounds good LB and thank you but I have given up on speculating dates and expected rate changes.. whenever it is and whatever the rate, it will be ok with me. 100% best way to look at it, i have learnt this over the years! 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 6, 2022 Author Report Share Posted May 6, 2022 Al-Kazemi's advisor: It is expected that Iraq's revenues this year will exceed 150 billion dollars 2022.05.05 - 19:58 Baghdad - people Today, Thursday, the financial advisor to the Prime Minister, Mazhar Muhammad, expected that Iraq's revenues this year would exceed $150 billion. Saleh told the official agency, and "Nass" followed it (5 May 2022), that "the International Monetary Fund's reading and expectation of a jump in Iraq's public revenues during the current year 2022 focuses on the total oil and non-oil public revenues of the federal Iraq." He added, "The Fund may have estimated the average daily exports of crude oil at 3.4 million barrels per day, with an average annual price of 104 dollars per barrel exported from oil or more, with non-oil revenues of no less than 8-10 billion dollars." He continued, "If the Kurdistan region's oil revenues and other revenues are added, the total federal revenues could easily exceed $150 billion at the end of the 2022 fiscal year." The International Monetary Fund expected, earlier, that Iraq would achieve a jump in its public revenues during the year 2022 after the rise in oil prices, amounting to 149 billion dollars and an annual change rate of 73 percent from the year 2021. 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted May 6, 2022 Report Share Posted May 6, 2022 38 minutes ago, yota691 said: Al-Kazemi's advisor: It is expected that Iraq's revenues this year will exceed 150 billion dollars Iraq's oil revenue will Exceed $150 billion by the end of 2022? So what? Is this " $150 billion " going to change the rate by the end of this year 2022 ( let's say between a dime to a buck )?? Hmm just wonder, where is this flow of monies " $150 billion " going through? I mean Whose's thieves are going to steal and enjoy this " $150 billion "???? Are ordinary poor iraqi citizens also going to enjoy this " $150 billion "??? 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 6, 2022 Author Report Share Posted May 6, 2022 Al-Kazemi's advisor: Iraq's revenues will exceed $150 billion this year Economie| 07:45 - 05/05/2022 Baghdad - Mawazine News , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected today, Thursday, that Iraq's revenues during the current year will exceed 150 billion dollars. Saleh said, "The International Monetary Fund's reading and expectation of a jump in Iraq's public revenues during the current year 2022 focuses on the total oil and non-oil public revenues of the federal Iraq." He added, "The Fund may have estimated the average daily exports of crude oil at 3.4 million barrels per day, with an average annual price of 104 dollars per barrel exported from oil or more, with non-oil revenues of no less than 8-10 billion dollars." He continued, "If the Kurdistan region's oil revenues and other revenues are added, the total federal revenues could easily exceed $150 billion at the end of the 2022 fiscal year." The International Monetary Fund expected, earlier, that Iraq would achieve a jump in its public revenues during the year 2022, after the increase in oil prices, amounting to 149 billion dollars and an annual change rate of 73 percent from the year 2021. 1 1 Quote Link to comment Share on other sites More sharing options...
Retiredofficer Posted May 6, 2022 Report Share Posted May 6, 2022 (edited) 21 hours ago, horsesoldier said: If the IMF is expecting this kinda jump... perhaps my Bank Account should be expecting a BIG jump There, I said the dreaded 4 letter word. I ain't scared or superstitious...knock on wood 😄 Big Jump…Large Bump…I’ll take it & More! Edited May 6, 2022 by Retiredofficer 2 Quote Link to comment Share on other sites More sharing options...
Rugbylaird19 Posted May 6, 2022 Report Share Posted May 6, 2022 A little help please. Not thinking too clearly right now. So what would the rate be if it increased by 73 percent? Quote Link to comment Share on other sites More sharing options...
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