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chattels: Paris Club met postpone the benefits of Iraq's debt until 2019 Author: HH, ZJ [Image: 3189.jpg?width=400&height=300&crop=auto&...da1,wmada2] 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.
chattels: http://wealthwatch.world/showthread.php?tid=4750
chattels: Courtesy of Butifldrmr
Doug_W: is that the war reparations "C"?
~~~
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WEALTHWATCH 5-21-16
Post From Wealthwatch.world Chat Room
Wealthwatch Chat Room News & Comments 5-21-16 Part 1 of 2
chattels: Hayder Corruption in #Iraq: where did all the money go? nationalinterest.org/feat... ... by @AL_Khatteeb
http://nationalinterest.org/feature/corruption-iraq-where-did-all-the-money-go-16279
chattels: http://wealthwatch.world/showthread.php?tid=4745
chattels: " Currency auctions must stop, because they are killing Iraq."
chattels: " Last year, MPs' salaries were $11,000 per month, twenty times the average Iraqi salary (not counting benefits and allowances of over $15,000 per month). In the United States, the equivalent would be a congressman earning over $1 million a year. This is the culture that Prime Minister Haider al-Abadi is now trying to tackle."
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WSOMN:
Adminbill: GOOD DAY TO YOU WSOMN - OUR WINDOW APPEARS TO BE THROUGH MONDAY WITH AN EMPHASIS ON SUNDAY.
Doc: Admin, do you think Iraq is international at this point
AdminBill: DOC - NOT REALLY SURE AT THIS POINT. ONCE THE RV IS PUBLIC THEN I CAN SAY WITH CERTAINTY IT IS.
....
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rcookie says():BASICALLY...THE MARKET HAS BEEN TAKING A BEATING BECAUSE OF THE CLOWN SHOW IN PARLIAMENT AND RECENT SECURITY CONCERNS WITH BOMBINGS....
BGG says to rcookie():You know - I really think... the ISX is the unsung hero - in the future...
BGG says to rcookie():is/will be...
BGG says to rcookie():from the guy who started this all...
rcookie says():FIREFLY PUT THE SPRING 2016 ECONOMIC STATUS REPORT THE OTHER DAY WITH INCREDIBLE NUMBERS OF GROWTH...INFLATION..INCREASE IN NON OIL REVENUE SECTORS...POVERTY ETC...AND THEY ARE ACHIEVING ALL DESPITE THE GREATEST WAR AGAINST TERRORISM IN HISTORY....
AN ARTIFICIALLY SUPPRESSED CURRENCY AND QUASI FUNCTIONAL BOURSE...IN COMAPARISON TO OTHER REGIONAL COUNTRIES....
BGG says to rcookie():He thinks the next crop of millionaires - "post-RV" will come from day trading the ISX...
BGG says to rcookie():I am very suspicious of the same...
rcookie says to BGG():HEY YOU...I COULDNT AGREE MORE....
~~~
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_firefly_ says():Parliamentary Finance: international loan will contribute to the containment of Iraq, financial crisis
_firefly_ says():Direction Press / special A member of the parliamentary Finance Committee Jabbar Abdul Khaliq said Iraq has signed with the International Monetary Fund in the Jordanian capital Amman on a project loan of $ 5.4 billion.
Abdul Khaliq In an interview with the "direction Press," said that this loan was for the purpose of budget support and O cashed within the drainage gates in Almuiznh.
Khaliq said that the loan is part of a project up to 15 billion financial support Dolarmen supposed to be provided by donors to Iraq in the three years to come.
He added that this support will contribute to the containment of Iraq, the financial crisis and return it to the path of sustainable fiscal situation, it will also help in reducing Aladzvi the budget and reduce the government's debt level.
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rcookie says():HERE IS A RECAP OF TODAYS NEWS... (FRIDAY)
rcookie says():FINANCIAL BANKING
rcookie says():SALEH REVEALS TERMS & CONDITIONS OF IMF SBA LOANS...$5.5 BILLION..1.5% PER ANNUM/5 YEARS WITH 2 YEAR GRACE PERIOD/PAYMENTS STARTING JUNE OR JULY..
AND COST CUTTING MEASURES TO 2016 BUDGET (13 TRILLON DINARS) WITHOUT PREJUDICE TO RATION CARD/SOCIAL WELFARE OR DISPLACED HUMANITARIAN HEALTH FUNDS...
AND INCLUDES CONTROL OF THE INTEGRITY COMMISSION & OFFICE OF FINANCIAL SUPERVISION SERVICES OF AML AND FINANCIAL TRANSACTIONS,
IN ADDITION TO SETTLEMENT OF OIL COMPANIES DUES...AND NEW DUES (CONTRACTS)...
AND INCLUDE SUBJECTING ENTIRE AMOUNT OF SALARIES AND BENEFITS OF SENIOR STAFF TO INCOME TAX...
AND THE EXCLUSION OF ARMED FORCES SALARIES FROM TAXATION...
~~~
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| The below posts were in our 11am newsletter |
WSOMN:
DPChamp:
~~Late night chat with AdminBill 5/20/16~~
AdminBill wrote, beginning at 11:52pm CDT:
HELLO GANG - JUST GETTING OFF WORK - FROM WHAT I HEAR THERE IS MUCH ACTIVITY IN DINARLAND TONIGHT. AS I SAID WHEN I FIRST CHANGED TO GREEN I WAS LOOKING FOR A 72 HOUR TIME FRAME.
I THINK I SAID THAT ON THURSDAY. I MAY BE FORCED TO EXTEND IT THROUGH SUNDAY. WE SHALL SEE WHAT HAPPENS TOMORROW.
HERE IS WHAT I KNOW - WE ARE DEFINITELY CLOSE
THE INITIAL EXCHANGE WINDOW MAY TAKE LONGER THAN WE HAVE BEEN LED TO BELIEVE. IT MAY BE 2-3 HOURS.
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loop says():This article was brought into the chat by Mr. White
Urgent .. Iraq gets a financial certificate enables him to deal with international banks with high confidence
History of edits:: 2016/5/19 17:17 {BAGHDAD: Iraq's Euphrates News} got a financial certification by the IMF gives him a chance to deal with all international banks with high confidence.
The International Monetary Fund, and international partners, the World Bank had agreed to give Iraq a loan of {15} billion dollars ..itba h ..
~~~
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DINAR UPDATES 5-20-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Friday AM Chat 5-20-16 Part 2 of 3
rcookie says():CURFEW IMPOSED IN BAGHDAD UNTIL FURTHER NOTICE...COMPLETE BAN ON ROAMING LOITERING IN ALL AREAS....
larrykn says to futuremoney():well rcookie just said the have open fired over there, something is up
futuremoney says to larrykn():sadly...
larrykn says to rcookie():is this Maliki at it again
rcookie says():WHATS THAT DID NOT SEE....
rcookie says():THERE WERE MASS DEMONSTRATORS THAT STARTED IN TAHRIR SQUARE AND MOVED TO GREEN ZONE AND STORMED ABADIS OFFICE...
FACED RIGID RESISTANCE FROM SECURITY FORCES....TEAR GAS DEPLOYED SHOTS FIRED...33 REPORTED INJURED...
~~~
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rcookie says):Abadi adviser reveal the terms of the IMF to lend to Iraq
Baghdad -arac Press -20 May / May: financial advisor to the Prime Minister revealed the appearance of Mohammed Saleh, on the conditions of the International Monetary Fund for lending to Iraq nearly $ 5.5 billion.
Saleh said, in a press statement, " The agreement with the IMF on Iraq for a direct loan from the Fund valued at $ 5.5 billion, went toward cost - cutting in the public budget for the current year by about 13 trillion dinars, without prejudice to the ration cards and a network of social welfare and affairs of the displaced ".
Saleh added that " the Fund to impose conditions on the Iraqi side in exchange for the loan, including the control of the Integrity Commission and the Office of Financial Supervision and devices anti - money laundering in financial transactions,
in addition to the settlement of dues of oil companies and avoid the accumulation of dues , " he said , adding that " the International Monetary conditions are also included subjecting the entire income and allowances of senior staff to the income tax, and the exclusion of the armed forces and junior staff of the income tax provisions. "
~~~
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KTFA:
Scarlet2575: : LOVE INTERNATIONAL BONDS (see articles below)
Thor: Now Iraq just needs to execute this and a few other things to bring forth what we think they are doing - Don't just talk about it - then let the big progress start!! IMO
Mountainman: Let's GET REAL Here......These FUTURE BONDS......Will (NOT) be at A PROGRAM RATE......
Oh SHADOW/LAZARUS....RIP those PROGRAM RATE CLOTHES OFF and SHOW YOURSELF Completely=BIRTHDAY SUIT and {ALL} for WHAT You REALLY ARE Behind CLOSED.......Partially OPENED DOORS.......
You and The IMF KNOW IT......Yup.....Sure Do......IMO
Blessings,Mountainman (8)=New Beginnings.......for The REAL VALUED IRAQ to SHOW ITSELF........
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OOTW: ABADI'S FACE TURNED RED AND HE SAID (PARAPHRASING) THE IRAQI GOVT IS INDEPENDENT IRAN DOES NOT GOVERN IRAQ
OOTW: WOW
OOTW:... I HAVE PLACED ADDITIONAL COMMENTS IN THIS THREAD
http://wealthwatch.world/showthread.php?tid=4741
OOTW: I HAVE TO GET READY FOR WORK...MY LAST DAY JUNE 6 YAY
OOTW: HUGS EVERYONE
Tootsie: '@OOTW' oh, Take care! I need to get moving also - Thank you for all of your devotion, and tell buti TY also for same.
~~~
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OOTW: SO WHETHER THE MP'S HAVE AN OBJECTION OR NOT, AS STATED IN RECENT ARTICLES - MATTERS NOT..THEY WILL EITHER SHOW OR NOT - THEY CAN SAY WHATEVER MAKES THEM LOOK GOOD
OOTW: WE DID SEE SOME FORWARD MOVEMENT YESTERDAY - THE MINISTRY OF JUSTICE RELEASED THE MOST RECENT VERSION OF THE GAZETTE - WHICH INCLUDED LEGISLATION TO OFFICIALLY RETIRE THE CABINET MINSTERS AND OTHER MP'S (FORMER) FROM AUG 2015
Doug_W: its time to do what's best 4 Iraq not personal gain
OOTW: AMEN
~~~
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Doug_W: lots of good news Eh
Doug_W: GM Gang
chattels: Loveday Morris Islamic State takes battle to the streets of Baghdad with violence "unprecedented" in recent years
chattels: Loveday Morris Retweeted ISW strain, Islamic State takes its battle to the streets of Baghdad
Doug_W: MORE good news ............
chattels: Michael Knights Great news. Massive props to... for all his work on this: IMF agrees $5.4 billion standby loan for Iraq
~~~
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KTFA:
Mountainman: Don't OVERLOOK This Article......It May Be SHORT......but [IT] is {HUGE} w/ the NEW GLOBAL REALITY concerning CHINA and their Position to ENTER the THE RESERVE CURRENCY BASKET in OCTOBER......(see article below)
As The Universal Currency {OIL} Meets it's INTENDED REALITY for the SDR Currency.....The CHINESE YUAN will Need to Become MORE PHYSICAL in Use for TRADE.....
REMEMBER the YUAN will be Used as A CURRENCY of EXCHANGE for the SAUDIS as they DE-PEG from the PETRO DOLLAR.....
{ALL} is Going to Come (FULL CIRCLE) In SPURTS.....But [NOT] {ALL} at ONCE.....So the SPEED will Pick Up,As DEVALUATIONS Are Soon to TRANSPIRE. I Expect More GLOBAL Velocity w/{ALL} these Moving Economic Factors......
....
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KTFA:
ReddStarr: My recap of things....all IMPO only....of course.....
"The Iraqi authorities and IMF staff have made good progress towards reaching an understanding on a program of economic and financial policies that could be supported by financing.
This program would include further fiscal consolidation to bring spending into line with the lower level of oil prices and maintain debt sustainability"
"The steep fall in oil prices is causing a large external shock to the balance of payments and budget revenue, which depend predominantly on oil export receipts"
Iraq was giving a couple options, consolidation (not paying out as much) & diversification (more money coming in) through other projects, non oil related. i/e Agriculture, manufacturing, etc.
....
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