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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


4 posters

    IMF gives Iraq $ 5.3 billion

    rocky
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    • Post n°1

    IMF gives Iraq $ 5.3 billion Empty IMF gives Iraq $ 5.3 billion

    Post by rocky Fri 08 Jul 2016, 3:03 am

    [size=30]IMF gives Iraq $ 5.3 billion[/size]
    08/07/2016 10:10 | Number of Views: 93
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    Direction Press
    The IMF agreed to give Iraq a line of credit worth $ 5.3 billion to help the country overcome the financial crisis faced due to the deterioration of oil prices and the war being waged against the terrorist organization Daash.
    The fund said in a statement that "the Iraqi government will get the case on the first loan of $ 634 million, while it must implement a series of economic reforms to get the rest of the installments of this assistance plan that stretches over three years."
    The statement quoted Zhou Min, one of the assistant directors of the Fund, as saying that "the Iraqi economy has suffered severely from the double trauma of the attacks Daash sharp decline in oil prices."
    Fund expressed in his statement expressed concern over the arrears, especially the "big" accumulated on Baghdad, which is struggling to meet its financial obligations.
    The fund was granted in Baghdad in July 2015 a loan of 1.2 billion dollars to help the advancement of the public own finances.


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    • Post n°2

    IMF gives Iraq $ 5.3 billion Empty IMF board unbelievable to arrange for Iraq worth $ 5.34 billion

    Post by rocky Fri 08 Jul 2016, 3:30 am

    IMF board unbelievable to arrange for Iraq worth $ 5.34 billion

    Friday 08-07-2016 | 10:10:41







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    XYZ
    Twilight News / IMF said that its Executive Board approved a new arrangement under the request of Iraq for three years, worth $ 5.34 billion to support Baghdad's efforts in the face of low oil prices and to ensure the ability to service debt.
    The IMF said in a statement that approval will allow the immediate disbursement of about $ 634 million under the program.
    Iraq was awarded in July 2015, about $ 1.24 billion under the previous rapid financing tool program.

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    • Post n°3

    IMF gives Iraq $ 5.3 billion Empty Int’l Monetary Fund board approves $5.34 billion standby arrangement for Iraq

    Post by rocky Fri 08 Jul 2016, 3:42 am

    Int’l Monetary Fund board approves $5.34 billion standby arrangement for Iraq
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    WASHINGTON,— The International Monetary Fund said on Thursday its executive board approved a new three-year, $5.34 billion standby arrangement for Iraq to support Baghdad’s efforts to deal with lower oil prices and ensure debt sustainability.
    The IMF said in a statement the approval will allow for the immediate disbursement of about $634 million under the program. In July 2015, Iraq received about $1.24 billion under the previous rapid financing instrument program.
    The IMF said that Iraqi authorities have pledged to maintain their currency peg to the dollar, reduce spending on inefficient capital expenditures whole protecting social spending. It said overhauling the management of public finances will put the government in a better position to combat the Islamic State militant group and cope with lower oil prices.

    “The Iraqi economy has been hit hard by the double shock arising from the ISIS attacks and the sharp drop in global oil prices,” IMF Deputy Managing Director Min Zhu said in a statement. “The policies put in place by the authorities to deal with this double shock are appropriate.”
    Zhu said that Iraq’s accumulation of large external arrears to international oil companies and domestic arrears in 2015 was “unfortunate” and they should be paid down.
    The program also requires Iraq to take significant steps to strengthen anti-corruption laws and to prevent money laundering and counter the financing of terrorism.

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    • Post n°4

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

    Post by Neno Fri 08 Jul 2016, 3:45 am

    The fund said in a statement that "the Iraqi government will get the case on the first loan of $ 634 million, while it must implement a series of economic reforms to get the rest of the installments of this assistance plan that stretches over three years.




    Hum wonder what all thecimplementaions will be?
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    sassy
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    • Post n°5

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

    Post by sassy Fri 08 Jul 2016, 9:36 am

    Hmm, makes one wonder doesn't it! hum
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    • Post n°6

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

    Post by mochasmom Fri 08 Jul 2016, 9:41 am

    When??? Is what I wonder
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    • Post n°7

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

    Post by sassy Fri 08 Jul 2016, 10:12 am

    Hopefully it's near mocha mocha!!!!!
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    • Post n°8

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

    Post by mochasmom Fri 08 Jul 2016, 10:45 am

    Me too, Mosul looking great!
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    • Post n°9

    IMF gives Iraq $ 5.3 billion Empty Re: IMF gives Iraq $ 5.3 billion

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