November 3rd 10am

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Held for the first time in Baghdad on the 2nd and 3rd December, under the patronage of the Central Bank of Iraq, this landmark event will discuss the exciting opportunities and growth prospects within Iraq. This two-day forum will discuss the enormous potential of the Iraqi economy, bringing together high level discussion between government officials, decision makers, large multinationals and investors.

This important conference, the first of its kind to be held in Baghdad, is being organised at a crucial time. Iraq has reclaimed its land and driven out Daesh from its borders. The country is ready to develop its economy and once again showcase all it has to offer. The country is well known for its extensive hydrocarbon reserves, however, with the current decline in oil price, now is the time to highlight all the potential industries within the country.

Iraq has come through a difficult few years with declining oil prices and a costly war, however, its economy has remained robust. Growth is forecasted to average over 12% in 2017 with the budget deficit expected to be eliminated over the coming few years.

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Thursday Night 11-02-17  Part 2 of 2

sandyf: @chattels I came in to this on the potential prospect of the dinar rising to around 10 cents by 2010. Didn't happen and hyperinflation has set in, would just like to see this come to an end one way or another before I am pushing up daisies. Hope for the best, expect the worst and you will not be disappointed.

sandyf: @Clay: @xyz never in history has a nation at war that was given the artificial rate like Japan and Germany not go back to their old rate. - That is guru propaganda, unless of course you know the currency codes and dates of these so called revaluations.

chattels: @sandyf Educate me about hyperinflation please. Irag declares periodically that inflation is low. Are we talking about the same thing ?

sandyf: @chattels No - Hyperinflation is the anticipated rate on the dinar going from 10 cents to 3 dollars +

sandyf: @chattels Off to the garden.


​Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Thursday Night 11-02-17  Part 1 of 2

chattels: Oil prices continue to rise due to production disruptions, conflict in Iraq By Rudaw

chattels: Brent Crude increased to $60.41 per barrel compared to $57.87 ten days prior and US West Texas Intermediate (WTI) crude increased to $54.38 from $52.04 per barrel during the same time frame as reported by Bloomberg.

chattels: Iraq's budget is projected upon $45 / barrel oil prices, so the increase in the price of oil to $60 is a boon for them.