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Neno's Place Established in 2006 as a Community of Reality


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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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    Finance Minister: Iraq revives plan to sell bonds two billion dollars in 2016

    wciappetta
    wciappetta
    wciappetta
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    • Post n°1

    Finance Minister: Iraq revives plan to sell bonds two billion dollars in 2016 Empty Finance Minister: Iraq revives plan to sell bonds two billion dollars in 2016

    Post by wciappetta Tue 29 Dec 2015, 5:37 am

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    Editor Ali Jasim - Monday, 28 December 2015 18:43
     
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    Alsumaria News / Baghdad 
    Finance Minister Hoshyar Zebari, on Monday, that Iraq has revived a plan to sell bonds in the budget of two billion dollars in 2016, as pointed out that liberalization of Ramadi, the Iraqi government will strengthen the position and facilitates the confidence of international institutions. 

    Zebari said in an interview with "Reuters", "The budget of 2016 allows the government to sell bonds two billion dollars if lacked sources of funding for the targeted spending project," adding that "the government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces Victories Daash continuing to support the World Bank and the International Monetary Fund to the government's financial center. "
     

     

    Zebari said, that "the confidence of international institutions in the country will facilitate the issuance of sovereign bonds process", believing that "the liberalization of gray will strengthen our position." 

    And it was suspended bond sale plan, the first of its kind offered by the Iraqi government in the international market by about ten years, in October as investors demanded a yield of 11 percent. 

    Iraq in 2006 and sold bonds worth $ 2.7 billion worth in 2028, and received on Iraq -B rating agency Fitch Ratings in August. 

    Oil prices have fallen to less than half in the last eighteen months, which is what the government trimmed crude sales, which make up 95 percent of it in income.


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    lonelyintexas
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    • Post n°2

    Finance Minister: Iraq revives plan to sell bonds two billion dollars in 2016 Empty Re: Finance Minister: Iraq revives plan to sell bonds two billion dollars in 2016

    Post by lonelyintexas Tue 29 Dec 2015, 7:54 am

    Basra demanding government bonds to finance the implementation of projects and emphasizes: the security situation has returned to stability 
     
    12/29/2015 14:20  
      
    Long-Presse / Basra
     
    Student Basra Governorate Council, on Tuesday, giving the federal government securities funds of $ 10 billion, and that among these bonds as collateral will be provided to bring international companies to carry out projects in the province, he stressed that the security situation in Basra returned to stability.
     
    The head of the provincial council in Basra Albzona morning in an interview to the (long-Presse), "The administration wants the province of Basra securities from the federal government in order to bring international companies to work in the province government guarantees."
     
    Albzona He added that "the Basra owed the federal government nearly $ 10 billion accumulated from previous budgets, and this is our hope that the government give it to maintain even if in the form of securities."
     
    Albzona and pointed out that "the province is keen on some of the money to walk some of its projects, and plans to implement a lot of projects through payment on credit and loan."
     
    The new head of the provincial council confirmed "in the event of Basra were giving that money, it could bring big international companies for the implementation of projects in the province."
     
    The provincial council in Basra called in (21 December 2015), Prime Minister Haider al-Abadi, to grant the province, "legal exceptions" to enable them to implement their projects Order forward, and what was described as the financial budget law for next year 2016 as "shameful", go back to Basra, the first not to apply law being financed 90% of the budget.
     
    And on the security situation in the province Albzona explained that "security vacuum caused by the withdrawal of some of the security pieces of the province to participate in the war against al (Daash) behind the security decline in Basra."
     
    And between Albzona that "this vacuum has led to some bands centered in the province of Basra to tamper with the security and sow chaos and confusion, as well as the existence of mafias trying to build itself within the province economically."
     
    Albzona and pointed out that "given the extent of the media is greater than the size of the security situation in Basra," adding that "security forces arrested those gangs and that the situation has returned to stability."
     
    The province of Basra, Majed Nasraoui announced (December 2015 23) 731 required the arrest of various criminal charges, and while pointing out that among the detainees elements belonging to "political parties", called on the parties to which they belong to "non-interference or mediation" for their release .
     
    Basra province is experiencing a security representing a decline of killings, kidnappings and Tsil amid warning of a full breakdown of security in their security services operations involved the arrest of gang crime.
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