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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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    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln

    Hkp1
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    • Post n°1

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln

    Post by Hkp1 Fri 11 Jan 2013, 10:30 am

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln



    Reuters Middle East – 7 hours ago



    BAGHDAD, Jan 11 (Reuters) - Iraq's economy should grow 9

    percent this year as the OPEC nation's oil production expands

    and international reserves are expected at between $105 billion

    to $110 billion by the end of this year, a central bank official

    said on Friday.

    (Reporting by Aseel Kami; writing by Patrick Markey)

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    • Post n°2

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Iraq economy forecast to grow 9% in 2013

    Post by Hkp1 Fri 11 Jan 2013, 10:35 am

    Iraq economy forecast to grow 9% in 2013


    By Reuters

    Friday, 11 January 2013 1:47 PM



    Iraq's
    economy should grow 9 percent this year as the OPEC nation's oil
    production expands and international reserves are expected at between
    $105-$110bn by the end of this year, a central bank official said on
    Friday.

    Iraq has the world's fourth-largest oil reserves and is
    producing more than 3 million barrels of crude per day for the first
    time in three decades as its industry recovers from years of war and
    sanctions.

    "I expect the GDP will reach $150bn by the end of
    2013. It will be 9 percent (growth)," acting central bank governor
    Abdul-Basit Turki told Reuters at a banking conference in Baghdad.

    The
    central bank has previously said it expected growth in 2012 to be
    around 10 percent and reserves in December last year were around $70bn.

    Iraq's
    oil sector generates around 95 percent of government revenue, but the
    country still needs investment in other non-oil sectors and to improve
    its crumbling infrastructure and power generation systems.

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    • Post n°3

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Re: Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln

    Post by Neno Fri 11 Jan 2013, 10:36 am

    Amazing that just in 12 months, the calculation of the reserves will be 80% more, almost double in this time frame.
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    wciappetta
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    • Post n°4

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Re: Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln

    Post by wciappetta Fri 11 Jan 2013, 3:27 pm

    A lot of growth for sanctions... Hmmmmm ....


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    • Post n°5

    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Iraq is expected to grow by 9% in 2013

    Post by day dreamer Fri 11 Jan 2013, 9:49 pm

    Iraq is expected to grow by 9% in 2013

    Abdel Basset Turki said Acting Governor of the Central Bank at a banking conference in Baghdad, "I expect that GDP up to $ 150 billion by the end of 2013 and growth will be nine percent"

    The central bank has said he expects the growth rate in 2012 about ten percent, although the reserves reached last December about $ 70 billion. And almost 95 percent comes from the general revenues of the Iraq oil sector, but the country still needs to invest in non-oil sectors and develop crumbling infrastructure and power generation system.

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    Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln Empty Re: Iraq cenbank sees 2013 growth at 9 pct, reserves at $105-$110 bln

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