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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


The government: Iraq has $ 139 billion in debt, and we are moving to delay its payment

rocky
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forces - The government: Iraq has $ 139 billion in debt, and we are moving to delay its payment Empty The government: Iraq has $ 139 billion in debt, and we are moving to delay its payment

Post by rocky Thu 16 Apr 2020, 6:24 am


The government: Iraq has $ 139 billion in debt, and we are moving to delay its payment

09:33 - 04/16/2020



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Information / Baghdad ..
The official spokesman for the Government Information and Communication Office at the General Secretariat of the Council of Ministers, Alaa Globe Al-Fahd, revealed, on Thursday, that [You must be registered and logged in to see this link.]  debts reached 139 billion dollars, while he indicated that there are moves to stop deducting the debts of Kuwait and the Arab League dues.
Al-Fahd said in a statement reported by the official “Al-Sabah” newspaper, which was viewed by him / the information, that “there are overtures between the government and the International Monetary Fund to stop completing the bureaucracy of [You must be registered and logged in to see this link.]  awaiting a response”, noting that “there is no response at the present time, and there are no claims for payment ”
He added, “The government and every year when it has a deficit that the World Bank has approached to lend to in order to finance the budget, and this year there are many things that will be taken into consideration, as the United States has proposed stopping debt repayment at this stage and it is a good thing, especially as Debt[You must be registered and logged in to see this link.]  to be paid to the IMF this year is estimated at more than 10 billion dollars and in the event that there is an agreement, this will benefit [You must be registered and logged in to see this link.]  with the economic and political situation in which it lives at this stage.
He pointed out that "the economy of [You must be registered and logged in to see this link.]  is unstable, because it depends on oil by 95 percent and the remaining 5 cannot be collected now, due to the lack of taxes, fees, etc.", noting that "the move does not include international cash only, but to stop deducting the debts of Kuwait and the dues of the Arab League, knowing that the total debt of [You must be registered and logged in to see this link.]  It is estimated at approximately 139 billion dollars. Ended / 25


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rocky
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forces - The government: Iraq has $ 139 billion in debt, and we are moving to delay its payment Empty "Force Majeure" forces Iraq to negotiate with international criticism to stop paying its debts

Post by rocky Thu 16 Apr 2020, 6:25 am


"Force Majeure" forces Iraq to negotiate with international criticism to stop paying its debts

09:15 - 16/04/2020



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Information / Baghdad ..
The Prime Minister's advisor for financial affairs, Mazhar Muhammad Salih, revealed, on Thursday, that [You must be registered and logged in to see this link.]  started negotiations and consultations with the International Monetary Fund to stop the payment of foreign debts resulting from it, noting that [You must be registered and logged in to see this link.]  due to the Corona virus and the drop in oil prices, entered into what is called force majeure.
Saleh said in a statement reported by the official newspaper "Al-Sabah" and seen by him / the information /, that " [You must be registered and logged in to see this link.]  consultations with the IMF continue to stop foreign debt deductions", praising "the witnessed positions of the IMF in extinguishing [You must be registered and logged in to see this link.]  debts at the Paris Club in 2004."
He added, " [You must be registered and logged in to see this link.]  due to the Corona virus and the drop in oil prices, entered into what is called force majeure, something that afflicted the countries of the whole world, and therefore [You must be registered and logged in to see this link.] It seeks to stop the payment of its debts, especially as it is one of the founders of the International Monetary Fund and the World Bank in the forties of the last century and has strong ties to these important institutions.
Saleh pointed out that "the fund will have a positive role towards [You must be registered and logged in to see this link.]  through the postponement of debts or the simplification of procedures, which is possible, but it needs high diplomacy." Ended /


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