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Sunday, May 15, 2016

DINAR GURUS UPDATE, 15 MAY

5-15-2016   Newshound Guru Aggiedad77   ...The 2017 budget...yes it is quickly coming to that time when budgets must be developed and guessed at...and the crystal ball for Iraq sees not much ado about anything...nothing to change for 2017 so they say...Well...my opinion...as this year moves forward, I can't help but wonder if they will have much to crow about over new changes to their budget...new headway to be made going forward with realistic and international ramifications to be dealt with for the coming new year...don't get your celebratory hats on just yet...but keep a sharp eye on this moving ball.

5-15-2016   Intel Guru Freeway Bill
   YOU DON'T KNOW THE DATE AND YOU DON'T KNOW THE TIME AND YOU CERTAINLY DON'T KNOW THE RATE! Sure, there are signs that we look for, but those signs have come and gone with no movement of the value and no major announcement.  All of the stars have to align for this to happen and when it does, be ready...understand that the Blessing is upon us...but it could be a while yet or it may be processing now, who knows?  The people in charge of it...

5-15-2016   Newshound Guru wmawhite
  ...this is the very, very first budget that we know about that has actually been executed...line by line.

5-15-2016   Newshound Guru rcookie
   Article quote:  "... Finance Minister Hoshyar Zebari said on Saturday, a large economic delegation to negotiate with the International Monetary Fund in the Jordanian capital Amman... ...NEWS OF ZEBARI ARRIVING IN AHMAN FOR IMF MEETINGS TO FINALIZE DETAILS OF SBA (STAND BY AGREEMENT) ALONG WITH SALEH...OIL & ELECTRICITY MINISTERS...PLANNING MINISTER... FINANCIAL CONTROL BOARD... CUSTOMS...TAXES & RETIREMENT EXPERTS...FINANCE MINISTRY AND CBI OFFICIALS...THE ARRANGEMENT FOR $15 BILLION OVER 3 YEARS...AND 6.4 BILLION SIGNED FOR BY ZEBARI FOR 2016...RELEASED IN JUNE...AND CONCLUDES BY CLEARLY OUTLINING THE FUNDS OVERVIEW OF RESERVE USE TO REFLECT EXACTLY WHAT IS OUTLINED IN IMF LOI/MEFP/TECH MOU...WHICH ENDS 2016 WITH $43 BILLION RESERVE LEVEL...NO CONSPIRACY... NO SKY IS FALLING...NO SURPRISES...SIMPLY ARRIVING AT EXACTLY WHERE THEY PLANNED FOR THEM TO BE...EXACTLY.

5-15-2016   Newshound Guru wmawhite
    ...IMO, we are at the point where the CBI starts the switch over/transition over to settling all...foreign obligation in IQD instead of USD...Once, the CBI starts in that direction...the question about the value of the IQD comes into play...IMO...this will be a seamless transition.   IMO...that is where all of those trade agreements come into play...and yes, it is exciting.

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