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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 © 2006-2019


Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

rocky
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Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th Empty Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

Post by rocky on Tue 12 May 2020, 1:09 am


Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of the options

08:32 - 12/05/2020



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The information / Baghdad ..
The head of [You must be registered and logged in to see this link.]  Haider al-Abadi, confirmed on Tuesday that the government will face a problem in paying salaries during the next month, and while he indicated that [You must be registered and logged in to see this link.]  facing a real problem, he pointed out that printing the currency is one of the options of Mustafa Al-Kazemi’s government.
Ebadi said in a televised dialogue I followed / information /, "we are facing a real problem and we need about $ 4 billion a month to cover the expenses of salaries and retirement were not new appointees ' salaries to cover , " noting that " the revenue of [You must be registered and logged in to see this link.]  last month , less than $ 1.5 billion , which means that There is a large deficit in salary insurance and there are other things, such as the ration card and the second operational matters.
He added that "the previous government was unable to pay salaries in the first month of the crisis and we may face a crisis during the next month." He pointed out that "I am not against borrowing, but I am against political borrowing in the sense of borrowing in order to pay a month to solve the crisis only and leave what is possible after that." .
He added that "Turkey and Iran are heading to float their currency now and floating the currency produces inflation and raises prices that harm the low-income as well as printing the currency one of the options of the current government with reducing spending", noting that "reducing the value of the Iraqi dinar raises the price of imported goods and supports the local product and thus we encourage the local industry." Ended / 25


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rocky
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Post by rocky on Tue 12 May 2020, 1:29 am

Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of the options

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Economy News _ Baghdad
The head of the victory coalition, Haider al-Abadi, confirmed on Tuesday that the government will face a problem in paying salaries during the next month, and while he indicated that Iraq is facing a real problem, he pointed out that printing the currency is one of the options of Mustafa Al-Kazemi’s government.
"We are facing a real problem and we need approximately 4 billion dollars a month to cover the salaries and retirement expenses, and the salaries of the new recruits have not been covered," Al-Abadi said in a televised interview followed by the "Economy News", indicating that "Iraq's revenue for the past month is less than $ 1.5 billion, which means There is a large deficit in the insurance of salaries, and there are other things, such as the ration card and the second operational matters.
He added that "the previous government was unable to pay salaries in the first month of the crisis and we may face a crisis during the next month." He pointed out that "I am not against borrowing, but I am against political borrowing in the sense of borrowing in order to pay a month to solve the crisis only and leave what is possible after that." .
He added that "Turkey and Iran are heading to float their currency now and floating the currency produces inflation and raises prices that harm the low-income as well as printing the currency one of the options of the current government with reducing spending", noting that "reducing the value of the Iraqi dinar raises the price of imported goods and supports the local product and thus we encourage the local industry."

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Proven
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Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th Empty Re: Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

Post by Proven on Tue 12 May 2020, 6:34 am

Thanks Rocky.

Another call to float the dinar to solve the economic crisis.  This means no more currency auction.  Note the difference between internal and external value of the dinar.  



Swap lines are open!

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Must accompany border control and tarrifs:

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weslin3
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Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th Empty Re: Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

Post by weslin3 on Tue 12 May 2020, 7:13 am

Cbi is down right now... May  be a maintenance check... But one of these days!!!!
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Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th Empty Re: Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

Post by weslin3 on Tue 12 May 2020, 11:53 am

CBI back up...
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Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th Empty Re: Al-Abadi: We will face a problem with paying salaries next month, and printing currency is one of th

Post by Neno on Tue 26 May 2020, 6:53 pm

Not long to see which way they go here.

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