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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

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    The cost of eliminating Daesh tapering Iraqi cash reserves

    Rocky
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    • Post n°1

    The cost of eliminating Daesh tapering Iraqi cash reserves Empty The cost of eliminating Daesh tapering Iraqi cash reserves

    Post by Rocky Fri 06 Jan 2017, 2:27 pm

    The cost of eliminating Daesh tapering Iraqi cash reserves
    January 6, 2017 

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    BAGHDAD - Iraqi sources familiar predicted that Iraq's cash reserves have a big hit during 2017, tapering it to below thirty billion, up from nearly $ 80 billion two years ago. It attributed to the war on inflation Daesh expenses.
    He revealed a senior official at the Iraqi Ministry of Defense for "Arabs" that Iraq has spent between $ 2.3 and $ 2.5 million a day, the war against al Daesh, since the start of the battle of Mosul by more than two months.
    This is the first time that Baghdad reveal the cost of a minute or approximate to the expenses of the war against militant organizations, as Iraqi officials are keen to secrecy on these expenses, due to the inflated size and lack of feasibility resulting therefrom.
    The Iraqi official said that the international coalition is spent, currently, about $ 11.7 million a day on its military operations in Syria and Iraq, including $ 7.8 million spent in Iraq.
    And causing a high rate of military spending, and in light of the decline in oil prices, severe damage to the country's cash reserves managed by the Central Bank of Iraq, which had dropped from $ 80 billion two years ago, to less than $ 60 billion mid-2016.
    Relevant sources of this file and expect it to descend to about $ 30 billion in the summer of 2017, in light of the continuing military operations in Mosul to expel the organization Daesh.
    The experts pointed out that there is mismanagement of the file military expenditures, as being the use of expensive munitions against targets are not vital, what compounded the financial cost of military operations.
    Added to this large financial compensation borne by the state budget to compensate the families of the dead and treat the wounded in the ranks of the security forces and factions of the popular militias which turned the crowd by law to spend an official institution by the state file.
    Hashem al - Hashemi: Iraqi forces go overboard in the use of high - munitions cost misplaced 
    stressed political analyst Hisham al - Hashimi for "Arabs" that there is a profligate in the use of high - cost, where it is used in misplaced firepower, for example Alkornett systems, a missile Anti prompt armor Russian - made, are used for one - time cost of 50 thousand dollars in special cases who became the most important address for armored.
    According videos documented, some fighters use them to strike concrete Aldaashah sniper towers and fortifications which enables the processing of different weapons and low cost.
    And it is used for intensity bursts with every source of a bullet from the enemy in a way where a lot of extravagance and little professionalism.
    It is expected Hashemi largest increase in spending on the Iraq war, in the coming weeks, with the urgent need for Baghdad to achieve a military victory in the battle of Mosul, which means weapons and ammunition largest consumption in the shortest time.
    Sources in the CBI for "Arabs" The decline in the level of cash reserves is normal, and can not be a source of concern compared to trading dinar and the dollar size.
    Iraq's financial problems do not stop at the end to cover the high costs of the war through 2017, and even exceed the displaced file, with the high number of displaced people of Mosul waits for the next three months from 145 thousand, to about a million people, with the expected arrival to the heart of the left coast of the city, a population density is tremendous, adds new financial burdens on the Iraqi government.
    The Prime Minister Haider al-Abadi, announced last August for reducing the budget allocated to the ministries in exchange for lifting the allocation of the popular crowd.
    The pressure yielded Shiite parties to increase allocations to the crowd about $ 2.6 billion, comprising 3.6 percent of total government expenditure in the budget for 2016 was approximately about $ billion in 2015. 
    Arabs London


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