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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


    The International Monetary Fund is likely to occur stability of oil in Iraq

    Rocky
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    • Post n°1

    The International Monetary Fund is likely to occur stability of oil in Iraq Empty The International Monetary Fund is likely to occur stability of oil in Iraq

    Post by Rocky Mon 12 Sep 2016, 6:27 am

    The International Monetary Fund is likely to occur stability of oil in Iraq

    00:01:00 12.09.2016 |(Voice ofIraq) - Erbilfavored theInternational Monetary Fund and thestability of the oil market in Iraq during the coming period ,despite reservations about the central government 's account barrel price set at $ 35, under thedraft 2017 budget, before it is agreed toincrease it to $ 43. It wasagreed Iraq and theInternational Monetary Fund at theexpense of the price of abarrel of oil at $ 43 instead of the price of$ 35 proposed in the draft 2017 budget and card export up to three million and 600 thousand barrels per day, according to an earlier statement by the Iraqi Ministry ofFinance. the adviser to the CBI, Walid al-Abidi, in apress statement, said that " the IMF expressed itsreservation on theexpense of the price of abarrel of oil at $ 35 during theIraqi government prepare for the draft 2017 budget , " he said , adding that " the fund has theeconomic sources as supervisor of all countries in the world in terms ofmonetary policy and budgets to achieve theeconomic stability of nations."transfer Abedi weights Fund "positive for the stability of Iraq 's oil and work in its facilities, as well as thecontinuation of theproduction of foreign companies operating init." the Iraq 's oil production iscurrently 4.7 million barrels aday, is exporting about 3.2 million barrels per day, Iraq relies on oil revenues to finance up to 95% of state spending, which is thesecond largest oil exporter in theOrganization of "OPEC".the deficit will continue in Iraq since the 2015 budget ,which also recorded adeficit of about $ 25 billion, as a result oflower oil prices bymore than 50% since 2014. 



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    Rocky
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    • Post n°2

    The International Monetary Fund is likely to occur stability of oil in Iraq Empty International Monetary likely occurrence of oil stability in Iraq

    Post by Rocky Mon 12 Sep 2016, 6:45 am

    International Monetary likely occurrence of oil stability in Iraq

    Monday 12-09-2016 | 11:44:42







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    XYZ
    Twilight News / guessed IMF oil market stability in Iraq in the coming period, despite reservations about the central government's account barrel price set at $ 35, under the draft 2017 budget, before it is agreed to increase it to $ 43.
    Iraq agreed and the International Monetary Fund at the expense of the price of a barrel of oil at $ 43 instead of $ 35 the price proposed in the draft 2017 budget and card export up to three million and 600 thousand barrels per day, according to an earlier statement by the Iraqi Ministry of Finance.
    He said the Iraqi Central Bank adviser Walid Idi "The IMF expressed its reservation on the expense of the price of a barrel of oil at $ 35 during the Iraqi government prepare for the draft 2017 budget," he said, adding that "the fund has the economic sources as supervisor of all countries in the world in terms of monetary policy and budgets to achieve economic stability in the countries. "
    And transfer Abedi weights Fund "positive for the stability of Iraq's oil and work in its facilities, as well as the continuation of the production of foreign companies operating in it," as quoted by Anatolia.
    The Iraq's oil production is currently 4.7 million barrels a day, is exporting about 3.2 million barrels per day, as opposed to what the KRG exported from the fields to the Turkish port of Ceyhan on the Mediterranean.
    Iraq relies on oil revenues to finance up to 95% of state spending, which is the second largest oil exporter in the Organization of "OPEC".
    And concluded in the Jordanian capital (Oman), periodic consultations continued daily (9-10 September / September) present, between the Government of Iraq and the International Monetary Fund to review the implementation of the standby credit program as a first stage, was during the talks which was attended by Finance Minister Hoshyar Zebari and government delegation reviewing commitments Iraq and what the government has achieved from prior procedures and standards for the economy and structural performance criteria and indicative targets.
    Amounts will get Iraq from donors, adviser at the CBI stressed that "much of Iraq to get the $ 16 billion, in stages last from this year until 2019 from the International Monetary Fund, the World Bank, the Islamic Fund for Development, and the Japanese Agency international development (JICA), and some of the advanced international banks that have financial savings as possible to take advantage of them, as well as the debt of Kuwait, the postponement of $ 4.6 billion dollars. "
    And gave the IMF last July an initial financial boost for Iraq amounted to $ 640 million to support the budget, it is due to Iraq receive other payments of $ 640 million in the month of November next to implement fiscal and economic reform plans established in the financial and economic policy memorandum.
    The current year budget value approved by the Iraqi parliament in December / December last $ 95 billion, and a deficit of $ 20.5 billion, while bringing the total estimated fiscal deficit in the draft next year's budget in 2017, nearly 32 trillion dinars (26.6 billion dollars).
    And it continues in Iraq deficit budget since 2015, which also recorded a deficit of about $ 25 billion, as a result of lower oil prices by more than 50% since 2014.

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