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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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    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and

    Rocky
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    • Post n°1

    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and - Page 2 Empty Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and

    Post by Rocky Wed 14 Sep 2016, 3:27 am

    First topic message reminder :

    talks with the International Monetary Fund
    "Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and Abadi demands as "bold stances"


    Author: ZJ 
    Editor: AB, BK, HH 9/13/2016 12:22Number of Views: 1597 



    Long-Presse / Baghdad
    Finance Committee in the House of Representatives expressed on Tuesday its support to the conditions imposed by the IMF on Iraq in return for lending, and demanded that the Prime Minister Haider al-Abadi as "bold positions to resolve the corrupt file", as economists asserted that Iraq faces a "real dilemma" because " lack of maturity "economic which has obliged it to accept the terms of the IMF, warned against the imposition of the final conditions" most unfair "in the absence of Iraq's commitment.
    She said the Parliamentary Finance Committee member Majida al-Tamimi said in an interview to the (long-Presse), "The International Monetary Fund request from Iraq as part of recent discussions additional cuts expenditures and the fight against corruption and activating the economic sectors", expressing its support for "the International Fund demands."
    Tamimi stressed the need to "include cuts unnecessary spending of the state, and that does not affect employees and retirees, or the life of the salaries of citizens", calling for "the resolution of thousands of files of corruption in the Integrity and Accountability spoilers."
    She Tamimi was surprised, of "spending three million and 799 thousand dollars to hire a private aircraft, during the last quarter of the year 2014 and over the past year in 2015, as well as the expenditure of funds and other money on Aivadat officials, in spite of the serious consequences of falling oil prices and the war against organization (Daesh) ", Prime Minister Haider al-Abadi required to" be more aggressive in resolving the corrupt files, especially since he knows very well the defect points and the size of the waste of public money, since he held the presidency of the Finance Committee in the House of Representatives economic and kissed her. "
    For his part, the economic expert on behalf of Antoine in an interview (range Press), "The International Monetary Fund put several recommendations and terms when he agreed to lend Iraq, including a review of public budgets of the state and the actions taken to rationalize spending and combat corruption."
    He said Antoine, that "the International Monetary Fund found that some of the recommendations have not been applied properly, what could herald its objection and perhaps his lack of loan," stressing that "Iraq is still in front of a big problem not addressed so far, is mono-economy and the continued decline in global oil prices , which may be obliged to accept the terms of the international Monetary Fund despite the prejudice of some of those conditions. "
    He said Antoine, that "Iraq faces a real dilemma has compelled him to make other concessions paid for the Iraqi people, which forms the basis of the victim's austerity and loans," attributing the reasons, to "financial mismanagement of the government and the dominance of the ruling parties on the financial file, in addition to rampant corruption and lack of activation sector The private".
    In turn, an economist Maitham Laibi said in an interview to the (long-Presse), "The countries and international organizations that have lent money to Iraq has fulfilled its obligations, while the Iraqi government has not fulfilled the other hand its promise them more than once," pointing out that "Iraq continued open-door policy the public sector, which is heavier state treasury, despite calls from the international Monetary Fund to Trchigah and revitalize the private sector. "
    He and coffee, that "the International Monetary Fund required to Iraq to improve the economic and monetary policy," returned to "those conditions came because of the immaturity of Iraq economically and not having economical and institutions or well-established monetary policy, making the citizen a victim of economic ignorance."
    It is noteworthy that the Jordanian capital Amman witnessed last Saturday, (September 10 2016), the conclusion of the first review of the standby credit agreement with the representatives of Iraq and the mission of the International Monetary Fund to supplement the IMF loan negotiations during the current year 2016.
    Iraq has been received by mid-July 2016, about $ 634 million, representing the first installment of the IMF loan, immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the term of the loan is five low-year annual interest rate of one and a half percent (1.5%), and that the number of payments is 13 batch stretches over 36 months.
    The United States of America, confirmed in (the twentieth of April 2016), that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, indicating that the Iraqi government's success in reducing the budget deficit means obtaining a loan from the International Monetary Fund worth billions of dollars.
    He was the financial advisor to the Prime Minister and the appearance of Mohammed Saleh, said in an interview to the (long-Presse), in the (26th January 2016), that Iraq has agreed with the International Monetary Fund for long-term soft loans for the implementation of development projects, noting that the fund is in among other conditions, the government expenses, and modified some procedures related to economic policies, while counting economist that "the most important" of those loans is to know the amounts that will be obtained during the year 2016.
    The International Monetary Fund approved in (the 13th of January 2016), to finance the deficit of the Iraqi budget through clouds of hard currency reserves, which led to the reduction of those reserves from $ 59 billion October 2015 end, to 43 billion during the current year 2016 .
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    Last edited by rocky on Thu 15 Sep 2016, 5:39 am; edited 2 times in total
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    weslin3
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    • Post n°11

    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and - Page 2 Empty Re: Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and

    Post by weslin3 Thu 15 Sep 2016, 9:10 am

    On this being unfair, what to think? Maybe Iraq thinks more of their currency than the IMF does ?
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    Rocky
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    • Post n°12

    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and - Page 2 Empty Iraq, ending the first phase of the Stand-By agreement with the IMF

    Post by Rocky Thu 15 Sep 2016, 1:50 pm

    Iraq, ending the first phase of the Stand-By agreement with the IMF

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    [rtl]Baghdad / Karbala News:[/rtl]

    [rtl]Iraqi prime minister for financial policy adviser said the appearance of Mohammed Saleh, Thursday, that Iraq is finished for the first phase from the standby credit agreement with the International Monetary Fund and the commitments of several stages include 13 commitment by which it agreed to grant Iraq a financial loan of $ 3.5 billion.[/rtl]

    [rtl]Saleh said in remarks followed up "free event" The first phase of the standby credit agreement with the International Monetary Fund included several reform requirements of the economy Alaraca, a Aloda, standards and management reform Almalah, and fix some Alqguanan, and procedures for restructuring the budget Amh, and maintaining bank reserves Antrza, and all of Iraq's commitment to them.[/rtl]

    [rtl]Saleh added that the standby credit agreement with the International Monetary Fund by which it agreed to grant Iraq a financial loan of $ 3.5 billion Dolar, includes 13 consultation or Altazam, Iraq and the International Monetary Fund, they finished the review Alooly, There will be coming revisions in early October next in Washington .[/rtl]

    [rtl]Saleh continued that after each audit is released part of a financial loan to Iraq in accordance with the Alag, and we expect that Iraq received the second installment of the financial loan next month (without revealing its value).[/rtl]




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    • Post n°13

    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and - Page 2 Empty Iraq, ending the first phase commitments for a loan worth $ 5.3 billion

    Post by Rocky Thu 15 Sep 2016, 1:59 pm

    Iraq, ending the first phase commitments for a loan worth $ 5.3 billion


    BAGHDAD -arac Press -15 September / September announced Prime Minister adviser on fiscal policies, the appearance of Mohammed Saleh on Thursday, for an end to Iraq 's own commitments first phase of the Stand -By agreement with the International Monetary Fund of several stages include 13 commitment by which it agreed to grant Iraq financial loan of $ 5.3 billion. concluded Iraq and the international Monetary Fund in May / May last deal after meeting for several days held in the Jordanian capital Amman to grant Iraq a financial loan of 5.3 billion dollars with an interest rate of up to 1.5%, acknowledges Iraq share an initial value of 634 million July last dollar. the adviser said the Iraqi prime minister for financial policy, the appearance of Mohammed Saleh, in a press statement, " the first phase of the standby credit with the IMF agreement included several reform requirements of the Iraqi economy, and performance standards, and the reform of financial management, and repair some of the laws, procedures for restructuring the general budget, and maintain the central bank 's reserves, all of Iraq 's commitment to them. " Saleh added that" the willingness agreement credit with the international Monetary Fund by which it agreed to grant Iraq a financial loan of $ 5.3 billion, includes 13 consultation or commitment, Iraq and the international Monetary Fund , they finished the first review, there will be future revisions in early October in Washington. " Iraq 's chief financial officer , and continued that" after each audit is released part of a financial loan to Iraq in accordance with the agreement, and we expect that Iraq has received the second installment of the loan financial next month (without revealing its value). " for his part, expressed the international Monetary Fund, on Wednesday, thanked the Iraqi authorities to" good cooperation with him and discussions frank and fruitful during the first review of the agreement to prepare the credit, which has in the Jordanian capital Amman recent meetings . " . The Iraqi government acknowledged the end of last month, the country 's budget for next year by 102 trillion dinars (about US $ 85 billion), to begin a new phase of internal and external negotiations may be more complicated on how to secure the fiscal deficit which stood at 30% of the total Almoisnh.anthy (1 )

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    • Post n°14

    Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and - Page 2 Empty Re: Immaturity" economically Iraq has been presented by international conditions,(IMF) "most unfair" and

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