Established in 2006 as a Community of Reality

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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.

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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


+2
mochasmom
day dreamer
6 posters

    Parliament agrees to "borrow" for "an end to the crisis."

    day dreamer
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    • Post n°1

    Parliament agrees to "borrow" for "an end to the crisis." Empty Parliament agrees to "borrow" for "an end to the crisis."

    Post by day dreamer Wed 18 Mar 2015, 11:57 am

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    Parliament approves
    17:08
    17/03/2015
    Confirmed member of the Investment Committee and the parliamentary economy Najiba Najib, on Tuesday, parliament authorized the government to borrow two billion dollars from the IMF and one billion, four hundred million dollars from the World Bank to cover the deficit and balance the country. Najib, said that "the parliament said the government granted the power to borrow two billion dollars from the International Monetary Fund and one billion, four hundred million dollars from the World Bank." She noted that "the government's measures in this regard has not yet been completed," pointing out that "the state would take some measures and means to bridge the current deficit."

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    mochasmom
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    • Post n°2

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by mochasmom Wed 18 Mar 2015, 1:37 pm

    Maybe weve been waiting on this.  Any thoughts?
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    CITEX
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    • Post n°3

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by CITEX Wed 18 Mar 2015, 2:13 pm

    ???Seems interesting to me that there is a supposed crisis that mandated them borrowing 3.4 billion when they have hundreds of billions in the reserves... seems like they are holding on to those at all cost right now.
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    fonz1951
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    • Post n°4

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by fonz1951 Wed 18 Mar 2015, 3:02 pm

    yes, but doesn't the reserves stay in control of the central bank and cannot be used to fund the budget deficit?
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    Jerry23
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    • Post n°5

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by Jerry23 Wed 18 Mar 2015, 4:07 pm

    Why would the IMF and WB be willing to lend money? Perhaps because they know Iraq will have no issues repaying????
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    fonz1951
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    • Post n°6

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by fonz1951 Wed 18 Mar 2015, 4:10 pm

    Jerry23 wrote:Why would the IMF and WB be willing to lend money? Perhaps because they know Iraq will have no issues repaying????

    that would be my guess.
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    weslin3
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    • Post n°7

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

    Post by weslin3 Wed 18 Mar 2015, 5:26 pm

    Probably part of the evil scheme as Neno would say "the beast" is getting part of the action...
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    • Post n°8

    Parliament agrees to "borrow" for "an end to the crisis." Empty Re: Parliament agrees to "borrow" for "an end to the crisis."

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