Dinar Updates

Chat Room – News Excerpts & Highlights

Doug_W says():  BAGHDAD – The Journal News Being Prime Minister Haider al-Abadi official visit to Washington, bringing with him his paper reform to promote the economy of Iraq, as well as help the country to overcome the current financial crisis.

A spokesman for al-Abadi, Saad al-Hadithi Office for “Journal News”, “Abadi go these days within Alayaaly the United States at the official invitation was extended to him by President Donald Trump, it will be held numerous meetings after meeting with Trump,

as he will meet a number another senior administration officials, along with members of Congress, as well as a number of representatives of international companies, and representatives of international financial organizations.”

Doug_W says():LOVE 2 B a fly on teh wall!!

jfd says():Did Iraq say they would drop the zeros by the 1st quarter or the 1st part of the year 2017?

seadreamer says():I keep hearing ” the first quarter” but the only thing I saw was the first part of the year 2017.

dickmiller1950 says():at this point i would believe a word Iraq say about anything.
dickmiller1950 says(:):not .lol
dickmiller1950 says():looking forward to bgg call tonight to clear up a lot

jfd says():I know traslation is a big problem but,1st part of the year could mean 1st half of the year.Who knows.

jfd says():The news could be hiding the true facts about Mosul but,they seem to be draging it out a little bit.If the maps that I have seen are accurate,it seems we are a few weeks from complete liberation.Maybe they will storm it quickly in the next few days??

Admin says(:):Hey gang – we’re going to start the process of changing to a different Chat Host provider – this will take a few days to complete… but be advised. We are making the change soon.

Admin says():Should make it easier for more people to get on.
magnetlady says():Different Flash Chat?

Admin says():Same Flash Chat program – different provider (and web address).

Admin says():We’ll try to get the word out and take things one step at a time… shouldn’t be too terrible. However, it is a move we need to make. Appears to be some internal issue with the old provider causing folks some drama.

magnetlady says():WOW
Mudder says():The dinar causes drama too…lol
digiman1 says to Mudder():only when yer here….lol

Admin says():         I’ve been working on these technical issues for a while now – as you know… As near as I can tell – some of it is server related.

digiman1 says(): ~~~Chat Copied ~~~~ Genius has its limits, Stupidity doesn’t.

magnetlady says(Dinar Updates – “NEWS TIME” w/BGG & Company –
– Sunday, March 19th 6:30pm CST –  In the DU CHAT Room!!

larrykn says to Admin():I got a question for you, whats your take on Adabi visit to washinton?

jfd says):The news on Mosul is probably a little behind but,if I were Abadi,I would not show up in Washington until Mosul was complete.IMO


That is what is advertised……and it is dealing with POST MOSUL …..and example : “We have been trapped for 25 days. No water, no food, everyone will die and they will have to pull us from the rubble,” said one resident of Bab Jdid district, not giving his name because relatives remained inside Mosul.

Families with elderly relatives and children marched through western Mosul’s muddy streets, past buildings pock-marked by bullet and bombs. Some said they had hardly eaten in weeks, scrambling for supplies handed out by a local aid agency.

“It is terrible, Islamic State have destroyed us. There is no food, no bread. There is absolutely nothing,” said another resident.

As many as 600,000 civilians may be caught inside the city with the militants.

tman23 says():AND TH Hashd al-Shaabi Shi’ite, the largest militia group in Iraq, is composed of over 60 brigades and units, each of which is overseen by a faction or a leader and most of them are backed by Iran.

The documents show that Hashd al-Shaabi consists of 66 different brigades and units each of which under a name. Among those groups are Badr Organization, Asaib Ahl Haq, Saraya Salam, al-Nujabaa Movement, Saraya Khurasani, Said al-Shuhadaa Brigade, Imam Ali Brigades, Saraya al-Jihad, Ali Akbar Regiment, Jund al-Imam Brigade, Iraqi Hizbollah, and others.

According to the documents, most of the components of Hashd al-Shaabi are backed by Tehran and the Iranian political and religious leaders.

Nouri al-Maliki, the leader of Dawa Party and former Iraqi PM, is also supporting most of the militia groups for his own political interests.EN THIS ISSUE POST MOSUL…….

jfd says():If allowed,Im sure Iran would love to take over Iraq post ISIS.Maybe they could put Maliki back as PM.:D

dickmiller1950 says():  ??

subgirl says to Tex():  Dollar exchange in Baghdad and Erbil, the prices morning ..

Market   Economy News / Baghdad …  The dollar exchange rate against the Iraqi dinar, according to banking markets in Baghdad and Erbil, which falls on Sunday morning, March 19, 2017.

Baghdad   Selling dollars / 100 = 125,350 dinars price
The purchase price of US $ / 100 = 125,200 dinars

Erbil   Selling dollars / 100 = 125,750 dinars price
The purchase price of US $ / 100 = 125,550 dinars


subgirl says():The statement issued at the conclusion of the IMF mission on Iraq

Business & Finance   Economy News / Baghdad …

Iraqi authorities and experts of the International Monetary Fund held (IMF) discussions in Amman during the period from 5 to March 17 / March 2017 on Article IV of the 2017 consultations, and the second revision of the agreement to prepare the credit (SBA) with Iraq, amounting to a 36-month, which was approved by the Executive Board of the international Monetary Fund on July 7, 2016.

It aims to prepare the credit agreement to correct the balance of public finances and the balance of the external position, and improving public financial management, while protecting social spending. It was the first complete review under the Stand-By Agreement on 5 December / December 2016.

Mr. Christian nut has been made head of the IMF mission to Iraq the following statement:

“Harmed Iraq affected severely due to the conflict with al Daesh, and the sharp drop in world oil prices, since 2014. The government has responded to the fiscal crisis, and the crisis in the balance of payments, large corrects Mali, but necessary, supported by financial assistance from the international community.

In 2016, the real growth of the gross domestic product by 11%, supported by a substantial increase in oil production, which benefited from previous oil investments continued. However, non-oil economy has shrunk by 8% due to the conflict and fiscal adjustment. In 2017,

it is expected that economic activity remains subdued due to reduced oil production by 1.5% under the agreement reached by the Organization of Petroleum Exporting Countries (OPEC), and the modest recovery of the non-oil sector. ”

subgirl says():”The sharp decline in oil prices, down Total international reserves of Iraq, from 53.7 billion US dollars has caused the end of 2015 to a level still comfortable, of $ 46.5 billion, at the end of December / December 2016 remains the pressures on public finances, including large ,

with the government deficit remains at a level of 12% of GDP in 2016, due to continued weakness in oil prices, high humanitarian and security spending. Total public debt rose from 32% to 64% of GDP in the period 2014-2016. And slowed credit growth and rising bad loans at state-owned banks and private banks significantly in 2016. ”

“Authorities have maintained the exchange rate peg, which is an important pillar of par. The remaining growth prospects in the medium term due to the expected modest oil production constant, and the stability of its investment in the face of restrictions on revenue, and the modest recovery in the non-oil growth, supported by the expected improvement in the security situation and the implementation of structural reforms.

?There is a need for more reforms to create fiscal space inclusive growth, and enhance the business environment, reduce corruption, and reform of the banking sector to support growth led by the private sector, and diversification in the economy, once it launched the reconstruction process in post-regulation Daesh.

The risks remain high; This stems mainly from uncertainty surrounding the prospects for oil prices, the security situation and political uncertainty, and a citizen of administrative weakness. ”

“Iraqi authorities and experts of the International Monetary Fund began discussions on the second revision of the standby credit agreement. These discussions will continue during the coming spring meetings of the International Monetary Fund and the World Bank in the period between April 21 to 23, 2017 in Washington, DC. ”

“I met with the team during the mission with the Acting Minister of Finance, Prof. Abdul Razak A. Jalil Isa, the Governor of the Central Bank of Iraq by proxy, Mr. Ali Mohsen Ismail Keywords, and consultant Dr. premier appearance in favor, and officials from the Ministry of Finance, the Ministry of Oil and the Ministry of Planning, and the Oil Marketing Company (SOMO), and the device Central Bureau of Statistics, the Iraqi Central Bank, and representatives of the Government the Kurdistan region, and the Office of financial supervision.

IMF staff team would like to Aaburan thanked the Iraqi authorities for their cooperation and to make this an open and fruitful talks. ”


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