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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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CITEX
wciappetta
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    Finance: the salaries of the region will be launched within days

    wciappetta
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    • Post n°1

    Finance: the salaries of the region will be launched within days Empty Finance: the salaries of the region will be launched within days

    Post by wciappetta Wed 11 Feb 2015, 6:14 am

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    • Agency eighth day
    • February 11, 2015, 9:46
       
    • 35 Reading


     
    BAGHDAD - ((eighth day)) The Finance Ministry said on Wednesday, that the late KRG staff salaries for 2015 will be launched soon after the completion of overcoming technical obstacles between the center and the region.   


    Said Undersecretary Fadel prophet "The Finance Minister Hoshyar Zebari is currently working on the settlement of the technical obstacles between the region and the center, especially those related to aspects of the oil, is expected to release salaries for the Region of the federal budget in 2015 during the week."   


    The Prophet, "there is no problem in the rest to pay its employees salaries that the financial behavior regardless of the federal budget based on 1/12 of the previous budget exchange rate."   


    President Fuad Masum and approved the federal budget bill yesterday by 119 trillion dinars after a reduction of about 7 trillion dinars of the total amount, and a deficit real hit 25 trillion dinars. | ST |


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    CITEX
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    • Post n°2

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by CITEX Wed 11 Feb 2015, 9:33 am

    "there is no problem in the rest to pay its employees salaries that the financial behavior regardless of the federal budget based on 1/12 of the previous budget exchange rate."

    Does the 1/12 statement have anything to do with what we are all watching?? Anyone?
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    • Post n°3

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by Neno Wed 11 Feb 2015, 9:43 am

    Just thinking out loud... 1 of 12 months?
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    • Post n°4

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by fonz1951 Wed 11 Feb 2015, 10:04 am

    scratch
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    • Post n°5

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by wciappetta Wed 11 Feb 2015, 10:21 am

    12 months in a year, they mean dispensing the budget allotment on monthly basis.


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    • Post n°6

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by Neno Wed 11 Feb 2015, 10:29 am

    wciappetta wrote:12 months in a year, they mean dispensing the budget allotment on monthly basis.
    My assumption too now, citex ask what does that 1/12 mean now, based on the previous budget allocation that is being said in that manner. PREVIOUS
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    • Post n°7

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by Neno Wed 11 Feb 2015, 10:31 am

    wciappetta wrote:12 months in a year, they mean dispensing the budget allotment on monthly basis.
    My assumption too now, citex ask what does that 1/12 mean now, based on the previous budget allocation that is being said in that manner. PREVIOUS for me is 2013 since there was no 2014 budget, which the exchange rate was 1166:1 in that BUDGET.
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    • Post n°8

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    Post by CITEX Wed 11 Feb 2015, 11:29 am

    I think it was explained, that makes perfect sense, 1/12 is a months pay and they will be paid out monthly
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    • Post n°9

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by duck2000 Wed 11 Feb 2015, 3:21 pm

    was done 1/12 too leveat for the low oil prices!
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    • Post n°10

    Finance: the salaries of the region will be launched within days Empty Re: Finance: the salaries of the region will be launched within days

    Post by duck2000 Wed 11 Feb 2015, 3:32 pm

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    [You must be registered and logged in to see this image.] by [You must be registered and logged in to see this link.] on Wed Jan 21, 2015 5:17 am
    Posted Today, 03:56 AM
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    Wednesday, December 21, 2 / January 2015 11:24
     
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    [Baghdad-where]
     
    Deputy Prime Minister Bahaa al-Araji said that "the Council of Ministers Payout budget for fiscal 2015 on a monthly basis, according to the wills and oil in order to avoid crises."
     
    Araji said in a statement received by all of Iraq [where] a copy of it, "given the economic conditions critical that Iraq is going through, because of the decline in oil prices, the Council of Ministers form a crisis cell to determine spending priorities and exchange and to find some revenue."
     
    He added that "the relevant circumstances, the Council of Ministers discussed the issue of exchange and spending for 2015 and it would be a month, according to oil imports for that month so we avoid crises and be in front of detailed knowledge, and it is natural to be expenses and expenses of parallel imports."
     
    The Council of Ministers has decided in its meeting yesterday the formation of a crisis cell headed by the Prime Minister Haider al-Abadi and membership, finance ministers and oil and planning, as well as the Governor of the Central Bank and the Economic Adviser to the Prime Minister shall establish priorities for the government and the doors of the exchange.
     
    Iraq is facing financial hardship and a lack of liquidity with a large fiscal deficit is estimated at 60 trillion dinars due to lower global oil prices to below $ 50 per barrel, especially since the Iraq depends on oil rents by up to 85% .anthy


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    • Post n°11

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