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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


    Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil

    Rocky
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    Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil  Empty Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil

    Post by Rocky Mon Aug 29, 2016 5:27 am

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    Global institution expects financial situation "stable" for Iraq thanks to funding and increase oil production


     Baghdad / term 

    Announced a global American institution for research and economic analysis, on Sunday, for keeping Iraq 's credit rating at a level of(B- and B) long and the short of Medellin respectively, are likely to be able to defeat (Daesh), and to achieve "financial stability" through funding and increased oil production to four million and 400 thousand barrels per day by the year 2019. 

    the Standard & Poor 's Corporation S & P US financial rating and the issuance of economic research and analysis, in a statement today, he followed the "long", it was "granted Iraq rating (B-) for the long term with the classification (B) the short-term in a row , "noting that it" regards credit rating of effective foreign and local currency for Iraq with its forecast obtaining unexpected financial stability it with termination or receding battles against Daesh. " 
    According to the agency, that" the financial stability in Iraq forecasts reflect the expectation that he could huge its budget deficit from the local currency and difficult to fill through funding, "expected that" Iraq isunable to contain his battle with Daesh. " 
    American institution and merged, its outlook to" an increase in Iraqi oil production and exports by the year 2019 to four million and 400 thousand barrels per day and three million and 600 thousand barrels per day, respectively, with the direction of the international Monetary Fund program to achieve a gradual financial settlement in the country. " 
    the appearance of Mohammed Saleh, financial advisor to the prime minister, Haidar al - Abadi, said in aninterview to the (long - Presse), in ( 24th of August now 2016), for a new round of talks between Iraq and the international Monetary Fund early next September, while stressing that it will focus on the special standby credit arrangements with a loan five billion and $ 300 million, to support the budget, and what has been implemented economic reforms and financial governance public, likely possibility of taking the second and third installments of the amount of the Fund 's loan of about two billion dollars the end of the current 2016. 
    The Standard & Poor 's , which is one of the largest international credit rating agencies, has proven through March 2016, its credit rating for Iraq at B- / B, usually that the country 's growth "will remain unchanged" in the medium term because of soaring oil produced, which will ease the budget pressure. 
    the credit rating is the opinion of rating agency in evaluating the solvency and the desire to solvency for theissuer of securities to meet the present and future are financial obligations full and on time. And it relies heavily on the degree of credit rating awarded by the rating agencies, especially governments and financial institutions banking in predicting the risk of non - payment to occur based on quantitative and qualitative criteria, as capital markets have become sensitive to credit ratings issued by rating agencies concerned, so that they affect the ability of companies and countries on access to international capital markets and obtain the required funding, and in addition to that, the absence of sufficient information to make an investment decision to buy exporting financial instruments, pays the investor to resort to credit rating to measure thefinancial ability of the risks of the debtor to meet its financial obligations level. Also, change the classification of the bonds issued affects the prices in Almalah.otstkhaddm securities markets and international credit rating agencies letters alphabet to denote the credit quality, which fall under two types of credit risk level, are: 
    • investment grade Investment Grade: an indicator of lower credit risk score, and take the icons (Baa, a, Aa, Aaa ) and so for Moody 's , and symbols (a, AA, AAA, BBB ) for my agency Standard & Poor 's and Fitch Ratings. • the degree of speculative Speculative Grade: an indicator of the high credit risk score, take theicons (C, Ca, Caa, B , Ba) for Moody 's , and symbols (C, CC, CCC, B , BB) for my agency Standard & Poor 'sand Fitch Ratings. 
    It adds credit rating agencies figures or signs to the right degree of classification to indicate the credit quality within each grade, where adds Moody 's figures for credit ratings from Aa to Caa are 1, 2 or 3 level, and indicates the number 1 to the upper end part of the degree classification, figure 2 on the mid - grade rating, and the number 3 to the lower end part of the degree classification. While it adds Kalta Standard & Poor 'sand Fitch Ratings + or - to credit ratings from AA to B to express their credit quality , including the level.
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