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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


    Paris Club met postpone the benefits of Iraq's debt until 2019

    Rocky
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    Paris Club met postpone the benefits of Iraq's debt until 2019 Empty Paris Club met postpone the benefits of Iraq's debt until 2019

    Post by Rocky Sat 21 May 2016, 4:21 am

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    The appearance of Mohammed Saleh
    Paris Club met postpone the benefits of Iraq's debt until 2019


    Author: ZJ 
    Editor: HH, NS 21.05.2016 11:26 Number of Views: 157 



     
    Long-Presse / Baghdad
    Prime Minister for Economic Affairs Advisor to detect the appearance of Mohammed Saleh, said on Saturday that members of the Paris Club countries decided to postpone debt from Iraq met Fouad until the end of 2019, and as pointed out that the procedure was to ease the financial burden on Iraq, he stressed that those annual dues of approximately $ 800 million.
    He said the appearance of Mohammed Saleh in an interview with (long-Presse), "The last meeting of the Paris Club on sovereign debt of countries and based on what introduced by Canada and reached Iraq of the Convention on the credit to be prepared with the International Monetary Fund and the Member States in the club exemption Iraq decided to pay interest on the remnants of his debts and dues suspended until the end of the year 2019 ".
    Saleh added that "these annual for the debts of countries of the Paris Club and other sovereign debt remnants of receivables from outside the club, which is subject to be considered the same and payable amounting to $ 800 million," adding that "this procedure was to ease the financial burden on Iraq."
    Saleh continued, "This decision was based on a proposal by the Canadian government of being a member of the Paris Club of creditor nations, as well as being one of the Group of Seven nations adult (G7)".
    It was Prime Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh, said earlier that Iraq has fulfilled its obligations to creditors who appeared after 2003, whether they are governments or traders or businessmen on accordance with the Paris Judge Club agreement, to pay 20% of the amounts owed to it in the form of payments for a waiver of those entities for 80%, or pay 10% in cash in exchange for ceding 90%. "
    The policies pursued by the previous regime burdened Iraq's debt, which is tens of billions of them, despite his trust still extinguishing a lot of countries the consequences have his trust.   

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    Paris Club met postpone the benefits of Iraq's debt until 2019 Empty Paris Club debt of Iraq benefits deferred fulfilled 800 million dollars a year until 2019.

    Post by Rocky Sun 22 May 2016, 5:12 am

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    Paris Club debt of Iraq benefits deferred fulfilled 800 million dollars a year until 2019.


     Baghdad/zahraa Hamid Ibrahim Ibrahim 

    Detect Premier's Advisor for Economic Affairs Mohammad Saleh appearance on Saturday, said the Paris Club Member States decided to defer the debt of Iraq met Fuad until the end of 2019, confirmed that annual dues of about $ 800 million, with the planning Ministry announced that Iraq's crude oil exports accounted for more than 99% of the country's total exports for the year 2015.


    Mohammad Saleh appearance said in an interview for (long press) to "the last meeting held by the Paris Club on the sovereign debt of countries and based on what I have offered Iraq Canada findings of the standby credit agreement with the International Monetary Fund Club Member States decided to exempt Iraq from paying interest on its debt and remains suspended until the end of 2019.
    Saleh said that annual dues for leftover debt of countries of the Paris Club and other sovereign debt outside the Club and that are subject to the same account and payable amounting to about 800 million dollars ", noting that" this move was to ease the financial burden on Iraq. "
    Saleh said that "this decision came upon the proposal of the Government of Canada as a member of the States of the Paris Club of creditor nations, as well as being one of the G7 countries (G7).
    He was Advisor to Prime Minister for Economic Affairs Mohammad Saleh appearance earlier, stressed that Iraq fulfilled its obligations towards the creditors who showed up after 2003, whether Governments or dealers or businessmen to judge according to Paris Club agreement, to pay 20% of the amounts due in the form of payments for conceding those 80%, or pay 10% cash for ceding 90 percent. "
    Economist, said Mohammad Abdel Latif al-Ani in the interview for "range" to "Paris Club debt reduced significantly over previous years, the efforts of the Federal Ministry of finance.
    "The economic crisis affecting the country is stalling Government made to meet certain financial obligations towards international organizations, including the Paris Club".
    ANI said that "mismanagement of government financial institutions and rampant corruption in most joints of the State, contributed to waste and loss of billions of dollars earmarked as an annual budgets over the past years."
    "Rising world oil prices to nearly $ 50 helps the Government to rework the operational budget in accordance with priority of ruling disbursements are tables in Customizing.
    ANI confirmed that "the Government over the past two years failed to find alternatives to petroleum resources which still holds the largest proportion of Iraqi exports without noticeable in other resources that disappeared because of the wrong policies of successive Governments since 2003. 
    For her part, planning Ministry announced that Iraq's crude oil exports accounted for more than 99% of the country's total exports for the year 2015, noting that oil and commodity exports for the year 2015 57.6 amounted to $ 1 million.
    He said the Central Statistical Organization of the Ministry in his report received "copy", "total oil and other commodity exports amounted to 57.6 trillion dinars 2015 equivalent to 49.4 billion dollars", noting that "crude oil exports accounted for 99.3% of total exports.
    He added that "old are crude oil exports amounted to 57.2 تریلیون دینار 2015 equivalent to 49.1 billion dollars, down 41.7 percent from 2014 where exports 98.1 trillion dinars," indicating that crude oil exports because of low یعود low price برمیل crude oil from $ 91.6 of 2014 to $ 44.7 for 2015 ".
    He pointed out that "old are النفطیه product exports amounted to 178.6 billion dinars for the year 2015 as یعادل 153.1 million dollars, 11.7% reduction from 2014," adding that "old are other السلعیه exports amounted to 230.5 billion for 2015, equivalent to $ 191.2 million registered a decrease of 4.6% for the year 2014 at 241.5 billion dinars, the equivalent of $ 202.7 million.
    Prime Minister Haider Abadi called last Thursday (19 may 2016) World Bank private sector support and interest in Basra, as revealed by the Executive Director in the World Bank Iraq adviser Mirza Hassan for "new strategy" to support the private sector and soft loans, noting that the World Bank is studying further investment projects in electricity, water and other energy types.
    The Office said in a statement received "Abadi, a copy of it," the Prime Minister received in his Office, Executive Director at the World Bank Iraq adviser Mirza Hassan and his entourage, "Noting that they discussed" cooperation between Iraq and the World Bank and World Bank projects in Iraq and his plans and projects for the next phase.
    Abbadi stressed, according to the statement, "the importance of supporting the private sector and the need for interest in Basra."
    Hassan said that "Iraq's stability is important and we have a new strategy of increasing cooperation with Iraq and support for the private sector and concessional loans," "full support for reforms undertaken by Abadi and Iraq if this approach it will override the crisis evolves.
    Hassan said that "the Bank is studying further investment projects in electricity, water and other energy types.
    The Prime Minister Haidar Abadi, Saturday (9 April 2016) that rely on oil over the past 50 years was "error stratgia".
    The IMF and the World Bank and international partners agreed, Thursday (19 may 2016) to give Iraq a loan of $ 15 billion.
    The policies pursued by the previous regime burdened Iraq, still tens of billions of them discharged despite putting out a lot of States consequent her discharged. 



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