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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Kanani: IMF loan makes Iraq subject to international economic standards

    duck2000
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Kanani: IMF loan makes Iraq subject to international economic standards

    Post by duck2000 Sun 29 May 2016, 7:12 pm

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    Special scales News
    Counting of the economic and investment commission member of the Parliamentary Ahmed Kanani, on Sunday, Iraq's new funds from the International Monetary Fund, a step in the right direction to make Iraq is under international economic standards.[/size]
    Said Kanani, L / balance News /, said that "Iraq borrow from the International Monetary Fund makes Iraq abide by international standards and conditions, namely that Iraq abide by mandatory."
    He added that "those conditions will join the administrative affairs of the Iraqi economic system, in terms of customs duties and foreign companies dealing with investment, as well as how the funds and the benefits of operational, investment and Almoisntin management."
    And Abizaid, "with evidence that IMF lending condition when Iraq to stop the grades, being the budget carrying large sums of money."
    He stressed Kanani, that "the IMF loan is a positive step in the situation in Iraq under the international system, which applies economic criteria Altikhaddm Iraqi economic reality, as well as its importance to the country under the current circumstances."
    It is said that the International Monetary Fund, World Bank and international partners have agreed, in the May 19, 2016, to give Iraq a loan of $ 15 billion at an interest rate of 1.5% .anthy
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by duck2000 Sun 29 May 2016, 7:15 pm

    as ive said for years Iraq will have too follow IMF mandates in accordance with its rules for rates and timeing of said rates... when to apply not just subjections! mandates
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by Neno Sun 29 May 2016, 7:18 pm

    duck2000 wrote:as ive said for years Iraq will have too follow IMF mandates in accordance with its rules for rates and timeing of said rates... when to apply not just subjections! mandates

    And that's a Fact Quack!!

    duck

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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by jedi17 Sun 29 May 2016, 7:37 pm

    [th]Date[/th][th]Holdings Rate[/th]
     [You must be registered and logged in to see this link.]            0.000597419
     [You must be registered and logged in to see this link.]            0.000610324
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     [You must be registered and logged in to see this link.]            0.000451682
     [You must be registered and logged in to see this link.]            0.000466938
     [You must be registered and logged in to see this link.]            2.53758
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     [You must be registered and logged in to see this link.]            2.38074
     [You must be registered and logged in to see this link.]            2.38881
     [You must be registered and logged in to see this link.]            2.3558
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     [You must be registered and logged in to see this link.]            2.34852
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by Neno Sun 29 May 2016, 7:41 pm

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    Yeah, that's what Iraq's control has lead too. Remember Jedi17...they will have to follow the IMF mandates and timing, not like when the screw up came lifting VII and letting Iraq be in control. Now they ask for help again so hopefully the IMF doesn't screw up again.....

    The IMF screw up last time:
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by jedi17 Sun 29 May 2016, 7:48 pm

    I understand, but Iraq has actually lost value in their currency over the last year as noted above.  First have of 2016 was supposed to witness a market economy....etc...etc.  Now they have a loan from IMF, and they must follow mandates as set out by IMF according to this article.....so who controls Iraqs exchange rate?  When will we see a free market economy.....and for how long must Iraq fulfill these mandates before we see a positive swing in the exchange rate?  I know, lots of questions but maybe this will spark some constructive discussion.

    Nice to see a great article Duck!
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by jedi17 Mon 30 May 2016, 8:55 pm

    The Iraqi authorities and the staff of the International Monetary Fund (IMF) have reached a staff-level agreement on a request for a 36-month Stand-By Arrangement (SBA). Under the arrangement, and subject to the approval of the IMF executive board, Iraq could have access to IMF credit amounting to SDR 3.894 billion (about US$5.4 billion) subject to the finalization of the macroeconomic framework and financing assurances.


    So, its a 3 year SBA worth 5.4 billion IF (right Duck?) they meet IMF mandates for macroeconomic framework and financing assurances which include conditions of customs duties and foreign companies dealing with investment, as well as how the funds and the benefits of operational, and investment
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by Screwball Tue 31 May 2016, 1:05 am

    3 year wait for rate!
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by Diamond Tue 31 May 2016, 4:47 am

    First IMF didn't make a mistake, an duck said that IMF had no say over Iraq cause they where sovergerin, an that article 8 wasn't needed, this all leading up to them becoming international, without article 8 they aren't an internationally excepted currency!!!!
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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

    Post by sassy Tue 31 May 2016, 6:40 am

    i'm not understanding this  hum

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    Kanani: IMF loan makes Iraq subject to international economic standards  Empty Re: Kanani: IMF loan makes Iraq subject to international economic standards

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