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Saturday, March 18, 2017

DINAR UPDATES CHAT, 18 MARCH

Dinar Updates Saturday AM Chat  3-18-17   Part 1 of 2

loop says():Abadi adviser denies meetings of the International Monetary Fund failed Meeting held in Amman 

Business & Finance

Economy News / Baghdad ...Financial Advisor to the Prime Minister Dr. denied the appearance of Mohammed Saleh, the news that talk about the meetings of the International Monetary Fund failed Meeting held in Amman.

Saleh said in a statement received "Economy News" Personally, I attended an important aspect of the second revision of the standby credit agreement consultations with the International Monetary Fund and the results have been very successful fund
...
and will issue a final statement in this regard and there is some statistical data and digital facts regarding the expenditure of public revenue lost Fund Notes broader request will be presented at the end of next April.

He said in the statement, that the Fund praised the Iraqi government's ability in the face of terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances .oan program with the IMF is going normally and typically very successful.

Noting that the fifth column Aldaasha is touting it to find a crack in the international relations of Iraq, a media and psychological war because of victories in Mosul.

loop says():http://www.dinarupdates.com/showthread.php?47508-Abadi-adviser-denies-meetings-of-the-International-Monetary-Fund-failed-Meeting-held&p=171118#post171118

loop says():Personally, I attended an important aspect of the second revision of the standby credit agreement consultations with the International Monetary Fund and the results have been very successful fund

loop says():the results have been very successful
loop says to Doug_W):GM

loop says():The recovery of the dinar and the window of buying and selling the dollar   
Samir Nasiri. Banking expert

Loomed on the horizon , new indications that the dinar is moving towards gradual recovery for several reasons , notably the central bank since January last application of a new system for window buying and selling the currency and the abolition of the role of intermediaries and fine control over the movement and circulation of foreign currency, as well as making sure they arrive to the last beneficiary in addition to commitment flour for banks and their cooperation with the central system in the new application.

The recent instructions issued by the special adoption of new mechanisms central to facilitate the previous procedures routine in the use of foreign currency for the purpose of coverage of imports and the emphasis on the identification of the last beneficiary in order to maintain Iraq 's money from the misuse,

where he announced Iraqi Central Bank Governor Ali Mohsen Keywords during frequent meetings with leaders the central bank will adopt in 2017 a new vision applications monetary policy for the purpose of achieving the goals set out in the law No. 56 of 2004.

The most important of these goals to maintain the dinar 's exchange value and hedged foreign currency rate through the construction of foreign cash reserves in accordance with international standards in the calculation of the cash reserve to cover the dinar and coverage of imports entering Iraq.

Also , the main objective the other is to maintain foreign from the use of non - economic and developmental its purpose currency, so the central work of the past two years steps deliberate and sequenced and coordinated with the government agencies concerned with maintaining the independence contained in the law where procedural and organizational and structural policy and issued a Strutijeth years (2016 --2 020) and select targets to achieve financial stability and development of the banking work technically and structurally and organizationally in order to reach financial inclusion ,

where he was in 2016 in the preparation and development of appropriate financial and technical foundations of the reality of the Iraqi economy and mechanisms of the banking business.

What the form of a solid base - wide home and abroad and led to the transfer of the case of the Iraqi economy , basic Bhlqath, most notably the financial sector, the follow - up phase to the gray stage based on the report of the competent international financial organizations.

All this has led the central bank to begin a new phase in the year 2017 based on the four pillars of the first of is work and dealing with banks with new mechanisms raise about the pressures of the previous instruction militant and granting flexibilities and allowances and the many facilities in order to achieve the central goal of economic reform and the banking relies transparency and disclosure.

The second pillar is to deal with the banks on the basis of Matkdmh of new services and high - level banking products and restore the public banking sector confidence, in addition to the financial results and the extent of its commitment to implementing the monetary policy of the Central Bank of trends and its impact on the actual contribution to the GDP and its contribution to sustainable development and the transition from the role of banking to the developmental role.

The third is to deal with the banks, according to the standards of classification adopted by the Central as of 2017 and actually appeared to deal with the banks and accordingly, fourth pillar is the issuance of central bank in the fifteenth of January last new mechanisms to regulate the mediation of banks between the importers and the World Bank relies facilitate procedures and controls

and adopt transparency the disclosure of the ultimate beneficiary in order to achieve the goal of the bank to maintain the exchange rate and ensure the use of foreign currency in order to meet the needs of the economy and market development , and not directed to other purposes.

loop says():http://www.dinarupdates.com/showthread.php?47510-The-recovery-of-the-dinar-and-the-window-of-buying-and-selling-the-dollar&p=171120#post171120

loop says():the main objective the other is to maintain foreign from the use of non - economic and developmental its purpose currency,

loop says():All this has led the central bank to begin a new phase in the year 2017 based on the four pillars of the first of is work and dealing with banks with new mechanisms raise about the pressures of the previous instruction militant and granting flexibilities and allowances and the many facilities in order to achieve the central goal of economic reform and the banking relies transparency and disclosure.

loop says():The second pillar is to deal with the banks on the basis of Matkdmh of new services and high - level banking products and restore the public banking sector confidence,

in addition to the financial results and the extent of its commitment to implementing the monetary policy of the Central Bank of trends and its impact on the actual contribution to the GDP and its contribution to sustainable development and the transition from the role of banking to the developmental role.

loop says():The third is to deal with the banks, according to the standards of classification adopted by the Central as of 2017 and actually appeared to deal with the banks and accordingly, fourth pillar is the issuance of central bank in the fifteenth of January last new mechanisms to regulate the mediation of banks between the importers and the World Bank relies facilitate procedures and controls and adopt transparency the disclosure of the ultimate beneficiary in order to achieve the goal of the bank to maintain the exchange rate and ensure the use of foreign currency in order to meet the needs of the economy and market development , and not directed to other purposes.

loop says():So they haven't just been sitting around eating falafels!

digiman1 says):mornin loop :) nope....and its just a matter of time till they press that 'go ahead...make my day' button...

larrykn says():didn't they just complete the insurance of the cbi?

larrykn says():gm Digi :)
larrykn says():   http://www.rudaw.net/english/middleeast/iraq/170320171 
​loop says():Insurance Association of Economy News: Start insure their ATMs for banks

Banks   Economy News / special
Iraqi Insurance Association revealed begin to insure their ATMs of the banks and spread throughout Iraq mechanism.

The head of the Iraqi Insurance Association Abdul Hassan Ziadi in an interview for "Economy News" that the intention of the Assembly, which includes all insurance companies operating in the Iraqi market, to start a business insurance ATM of Iraqi banks and, who is usually in public places of the departments and companies, and Malls commercial and social clubs in cooperation with the relevant banks.

Ziadi stressed that this project is considered a pioneer in the Iraqi insurance market, pointing out that he "never undertake such insurance in Iraq," which would provide a service to citizens through a wider ATM in the markets and public places spread, which represents the phenomenon of civilization developed serve the economy.

There are in Iraq (33), an insurance company of three state-owned companies and 30 civil company.
 
clay says to buckaroo():whats up brother
buckaroo says to clay():not much, catching up on the news, trying to figure out what the bgg take on it was

clay says to buckaroo(:):let me know I'm workin :(
buckaroo says to clay():ok

flint says():hBgg was talking about the IMF meeting in April... very interesying

jfd says():It sounds a little bit like the IMF maybe kicking the can down the road until end of April??
 ...
Society says to jfd():Perhaps but the statement ofthe proxy Finance Minister intrigues me...

Society says to jfd():Issa said in a brief statement received / balances News /, copy of "The talks with the IMF, which took place in Amman, Jordan, was a success."

He added, "The next meeting will be in Washington, and will announce the results of agreements in support of the development of the Iraqi economy."

Society says to jfd():What agreements did they make that caused them to continue the meeting in April???
Society says to jfd):IMO, ultimately Iraq needs to be formally moved to Art VIII by the IMF

Society says to jfd():They cannot do so until they stop the MCP

Society says to jfd():They cannot stop the MCP until they have a functional currency in order to eliminate the economies utilization of the USD

Society says():Since they are not flooding the market with the current three zeros and they have clearly indicated their intention of releasing LD's and restructuring their currency as part of the delete the zeros project, is this the "agreements made" at this time???

Therefore, perhaps when they resume talks in April, if the results are anticipated, perhaps the official Art VIII move could take place and then the WTO membership could move forward.......

Society says():Just some thoughts....

jeffusa says():The leader of the popular crowd Karim al-Nuri, Saturday, that the battle for Mosul nearing completion in light of the significant progress of the security forces, while suggesting that it is waiting for the orders of Prime Minister General Commander of the Armed Forces for the Liberation of Haider al-Abadi Afar.

Nouri said in a statement / information /, said that "the battle to liberate the city of Mosul nearing completion leaving only a few days and will be announced on the right coast full liberalization of the city which is witnessing great progress of the security forces."

"The results page six of operations resulted in more than 700 people dead Daashaa and completely destroyed hundreds of car bombs and battalions Angmasah and edit dozens of villages as well as the provisions of the ring on Tal Afar and Baaj and Kairouan."

Nouri stressed that "the leadership of the crowd waiting for the orders of the Commander in Chief of the Armed Forces to initiate the liberalization of Tall Afar after completely cordoned off," adding that "orders edit Afar imminent and will be edited at the hands of the sons of the city and the backing of the popular crowd forces."

Nouri said that "the crowd began to think about the upcoming battles and destination and the next will probably be south of Kirkuk, Hawija or western Anbar curse and Rawa and Qaim

jeffusa says():Iraqi government forces besieged ISIL militants around Old City of Mosul edging closer to the historic mosque from where the group’s ringleader made his infamous speech nearly three years ago.

The militants, holed up in houses and darting through alleyways, resisted with sniper fire, suicide attacks and car bombs, Al Shahid reported.

Though heavy rain hampered the advance, Federal Police and rapid response unit troops reached points about 500 m (yards) from the centuries-old al-Nuri.

The black flag of ISIL terror group was clearly visible draped from its famous leaning minaret.

Meanwhile, spokesperson of the Iraqi defense ministry, Yahya Rasoul al-Zubeidi, said that the ISIL militants are now completely under seizure in Western Mosul and called on the militants to surrender themselves to the Iraqi forces.

Al-Zubeidi told Sky News that ISIL militants now have two options either to surrender or they would face death.

He added that the Iraqi troops are now making smooth advance in Western Mosul and will liberate the remaining districts still under ISIL control soon.

The government forces have made significant gains in recent days in a battle that started in October, seizing a main bridge over the Tigris river and closing in on the mosque.

“We are holding positions we took yesterday. There is a lot of resistance in that area with snipers and car bombs,” Federal Police Major General Haider Dhirgham told Reuters.

The capture of al-Nuri Mosque would be a huge symbolic victory as well as a concrete gain.

jeffusa says():“It’s important for them, it’s where they declared their state,” Dhirgham said, speaking at a police forward base as refugees trudged through the muddy streets and wrecked houses.

ISIL leader Abu Bakr al-Baghdadi chose the mosque as his backdrop for announcing the a self-proclaimed caliphate spanning Iraq and Syria in July 2014.

Since then, Mosul has been the terror group’s main urban stronghold in Iraq but it has steadily lost ground since the offensive began. Iraqi leaders say the battle is reaching its final stages.

Several more areas of Western Mosul had been recaptured, including the hospital, in recent days but officers said progress was slowed by car bombs and booby-traps in houses and alleyways, as well as the bad weather.

ISIL hit back with sporadic attacks on government positions, including mortar fire. Suicide bombers had driven explosive-rigged cars at troops, Dhirgham said.

Government forces responded with mortars and helicopter gunships strafed militant positions from above.

Police said they had killed nine militants who tried to counter-attack one of their positions with rocket-propelled grenades.

“Federal Police drones bomb dozens of fixed and mobile ISIL targets in the perimeters of the Grand Mosque,” a later police statement said.

jeffusa says():   http://en.farsnews.com/newstext.aspx?nn=13951228000689

clay says to admin():Nouri said in a statement / information /, said that "the battle to liberate the city of Mosul nearing completion leaving only a few days and will be announced on the right coast full liberalization of the city which is witnessing great progress of the security forces."

Mudder says to admin():GM BGG.... Saw your article from lastnight.... It would appear the "coming days" is unlikely...lol

subgirl says to falconspirit(): did you see the articles about Iraq this morning from loop???
falconspirit says():yes im catching up on them now
subgirl says to falconspirit():there was some awesome articles... WOW!

falconspirit says():Everyday it just gets better.

subgirl says to falconspirit():yep it does and Iraq is coming right along! :) almost done with mosul! 
F​alconspirit says():can't wait to see the humanitariam projects get going and get these people back to their own homeland

subgirl says to falconspirit():yes that will be awesome when the Iraqis go back to their own homes... and they start rebuilding...

falconspirit says():and when they rebuild, they can utilize the new tech. its going to be soo wonderful

subgirl says to falconspirit():yes it is... Iraq is going to be one of the wealthiest countries...
subgirl says to falconspirit():maybe the biggest wealthiest country!

falconspirit says():(lol)

subgirl says to falconspirit():I think I saw an article that said 85% taken by Iraqi Forces...
subgirl says to falconspirit():of course not the biggest lol I just realized what I wrote lol lol

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