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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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A member of the Finance Committee clarifies the exchange rates of the dollar

rocky
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A member of the Finance Committee clarifies the exchange rates of the dollar Empty A member of the Finance Committee clarifies the exchange rates of the dollar

Post by rocky Fri 18 Jun 2021, 6:26 am

[size=35][size=35]A member of the Finance Committee clarifies the exchange rates of the dollar[/size]
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Economie

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2021-06-18 | 04:28
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[size=18]Alsumaria News/Baghdad:
Member of the Parliamentary Finance Committee, Jamal Kougar, ruled out, on Friday, that the exchange rate of the dollar against the dinar would be changed during the current year, while indicating that the government could benefit from the rise in global oil prices to ease the burdens on citizens.


[You must be registered and logged in to see this link.] said in an interview with Alsumaria News, "Talking about changing the exchange rate of the dollar against the dinar should be closed completely, at least during the current year, given that all the current budget figures are based on the current exchange rate."





 
[You must be registered and logged in to see this link.] added,https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/386603/%D8%B9%D8%B6%D9%88-%D8%A8%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%8A%D9%88%D8%B6%D8%AD-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1 "Any change in the price will affect the 30 trillion dinars included in the budget and allocated to investment projects, and any change, negatively or positively, will be affected either by the government or investors and contractors on new projects within the budget."
 
He continued, "The wise mechanism says to maintain the exchange rate for this year, and for the government to benefit from the rise in global oil prices and the state of stability that took place in the government's financial situation in order to ease the burdens of citizens as a result of changing the exchange rate," adding that "the change in the exchange rate will be next year

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jbowhunter
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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

Post by jbowhunter Fri 18 Jun 2021, 7:38 am

He must not realize that changing the rate is simply “just math”.   Simple mathematical conversion.

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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

Post by Proven Fri 18 Jun 2021, 8:36 am

Thanks Rocky.


Obvious:

"Any change in the price will affect the 30 trillion dinars included in the budget and allocated to investment projects, and any change, negatively or positively, will be affected either by the government or investors and contractors on new projects within the budget."

Pointing to next year:

He continued, "The wise mechanism says to maintain the exchange rate for this year, and for the government to benefit from the rise in global oil prices and the state of stability that took place in the government's financial situation in order to ease the burdens of citizens as a result of changing the exchange rate," adding that "the change in the exchange rate will be next year

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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

Post by weslin3 Fri 18 Jun 2021, 8:50 am

NEXT YEAR. So they say... freak

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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

Post by Proven Fri 18 Jun 2021, 9:07 am

weslin3 wrote:NEXT YEAR. So they say... freak

Brent $72/barrel.  


The people of Iraq see this and are still suffering.  


The pressure will build.  

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weslin3
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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

Post by weslin3 Fri 18 Jun 2021, 9:10 am

Proven wrote:
weslin3 wrote:NEXT YEAR. So they say... freak

Brent $72/barrel.  


The people of Iraq see this and are still suffering.  


The pressure will build.  
You would think so... The rest of the world is worried about the Iraqi people, all but Iraq elite.

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A member of the Finance Committee clarifies the exchange rates of the dollar Empty Re: A member of the Finance Committee clarifies the exchange rates of the dollar

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