Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-25-16

Currency Auctions Announcement No. 3206

This daily currency auction was held in the Central Bank of Iraq on the 05-25-2016

The results were as follows:

More: http://dinarupdates.com/observer/
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Thought, not money, is the real business capital. – Harvey S. Firestone

*** Current News ***

Federal Court rules in favor of al-Jubouri

Roudao – Erbil – The Federal Court dismissed on Wednesday a lawsuit Representatives of the protesters on the legality of the Iraqi Parliament Speaker Salim al-Jubouri.

Read More: http://www.dinarupdates.com/showthread.php?34997-Federal-Court-rules-in-favor-of-al-Jubouri-5-25

RCookie:….98% OF THE GURUS HAD NOT A CLUE OF WHAT THE IMF LOI WAS UNTIL ABOUT 2 MONTHS AGO…AND STILL DO NOT UNDERSTAND WHAT IT SAYS OR CORRELATES TO HOW LONG IRAQ HAS BEEN INVOLVED AND (their) PROGRESS PERSPECTIVE…ANYONE PURPORTING KNOWLEDGE OF DATE OR RATE OR CONFIDENTIAL HIGH LEVEL INTEL…NEEDS TO BE AVOIDED AND IGNORED WITH PREJUDICE!!!!!….

Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Wednesday evening 7:30pm CST!!

www.DinarUpdates.com – save as favorite!!

HERE IS AN RCOOKIE RECAP OF RECENT NEWS…

INVESTMENT/BUSINESS

IRAQ OIL PRODUCTION REACHES HISTORIC LEVELS OF 4.7 MBPD…MINISTRY OF TRANSPORTATION KADHIM ANNOUNCE THE GENERAL COMPANY FOR RAILWAYS THE LAUNCH OF INVESTMENT FUNDING FOR RAILWAY BETWEEN BASRA AND IRAN PLAY A MAJOR ROLE IN PROMOTING TRADE…OIL PRICES FALL FOR FIFTH STRAIGHT DAY TO $47.90….IRAN WANTS TO BE PARTY IN RESOLVING IRAQ’S ELECTRICITY PROBLEMS…OIL MINISTRY SPOKESMAN JIHAD CONFIRMS PAYMENT OF DUES TO OIL COMPANIES IN DIRECT RESPONSE TO IMF SBA LOAN CONDITIONS…WASIT SHOPPING 484K TONS OF WHEAT AND EXPECT PRODUCTION OF 800K TONS IN 2016…EXECUTIVE DIRECTOR IRAQI BANKS ASSOC ASSERTS BANKING SECTOR DEVELOPMENT PROMOTES INVESTMENT ACTIVITY…ISX SEES 4TH STRAIGHT SESSION IN DECLINE DRIVEN BY BANKING SECTOR…IRAQ AMBASSADOR TO OPEC AMIRI STATES DEMAND AGAINST SUPPLY IMPROVES OVER FEBRUARY NUMBERS & IRAN’S RETURN TO MARKET LESS IMPACTFUL THAN EXPECTED…IRAQI AIRLINES ANNOUNCES FIRST FARES & SERVICE TO TO AZERBAIJAN…MUNICIPAL MINISTRY DIRECTORATE ANNOUNCES COMPLETION AND OPENING OF INTERMEDIATE SOLID WASTE PROCESSING PLANT IN BASRA…WASIT PROVINCE CHAMBER OF COMMERCE ANNOUNCES THE 1ST INTERNATIONAL EXHIBITION OF ENERGY/ECONOMY/INVESTMENT BANKING & TEXTILE INDUSTRIES TO ADD TO CHINESE & SHANGHAI COMPANIES ALREADY OPERATING …THIS WASIT CONFERENCE SIMILAR TO BASRA ENERGY CONFERENCE ONGOING SINCE 2009…MINISTRY OF LABOR & SOCIAL AFFAIRS ANNOUNCES $25 MILLION FOR IDB LOANS FOR PROJECTS…

AS THEY NAVIGATE THROUGH THE IMF SBA LOANS…POLITICAL & PARLIAMENT SOURCES CONFRONTING SEVERAL CRITICISMS IN LOAN ACQUISITION PROGRAMS…AND NEED FOR ACTIVATING AS AN IMPORTANT PART OF OVERCOMING FINANCIAL CRISIS…AND CALLS TO IMF CONDITIONS TO APPROVING SBA LOANS…WITH ECONOMISTS STATING IT IS OBVIOUS UPON REVIEW IT IS TE CORRECT ACTION GIVEN THE CURRENT MARKET ENVIRONMENT…

DEBATING WHETHER ACQUISITION OF THE SBA LOANS IS THE APPROPRIATE ACTION IN OVERCOMING FINANCIAL CRISIS…AND CONCLUDE RIGHT MOVE..PROVIDED PROPER USE AND APPLICATION OF THE LOAN FUNDS…AND FURTHER INTERNATIONAL & LOCAL MONITORING & OVERSIGHT TIGHTENING AND SCRUTINY…COMPLETE WITH DETECTION MECHANISMS AND CONDITIONS IMPOSED BY IMF WITH FULL TRANSPARENCY AND BE EVALUATED AGAINST THEM….(CREDIT RATINGS)…
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Moody’s: financial liquidity Iraq will improve after the IMF loan

Follow-up scales News – She said the agency credit ratings, “Moody’s”, said the agreement concluded by Iraq and the International Monetary Fund, last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.

Moody’s said in a statement that I followed / balances News /, “The agreement will help Iraq to finance the budget deficit and the current account deficit.”

The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against Daash Alarhabiy.anthy 29 / D 24

Read More: http://www.dinarupdates.com/showthread.php?34968-Moody-s-financial-liquidity-Iraq-will-improve-after-the-IMF-loan-5-24
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/23 – 

  Smart phone user link – Click here

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rcookie (Dinar Guru) –   Article quote:  “Identified the Presidency of the Council of Representatives and the heads of political blocs next Sunday as the date to hold a parliamentary session.”   LOOKS LIKE WE HAVE A DATE FOR SUNDAY PARLIAMENT SESSION AFTER POLITICAL BLOC MEETINGS THIS MORNING IN ABSENCE OF KURDS…

Read More: http://www.dinarupdates.com/observer/
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Sunday session includes host Abadi to complete voting on the Cabinet cab

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rcookie (Dinar Guru) –   Articles:   “The start of the meeting of the Presidency of the Council of Representatives on Tuesday with the heads of the blocs, but without the presence of Kurdish deputies.”   “Kurdistan Alliance: MPs, ministers will not return to Baghdad until after the implementation of the “benefits“…”  Kurds were absent from attending parliament sessions. Abadi meet with 9 ministers only!  KURDS RETURNING TO BAGHDAD WHEN CHECK IS IN THEIR HANDS AND INK IS DRY….

Read More: http://www.dinarupdates.com/observer/
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Oil Ministry confirm Iraq’s commitment to pay the dues of oil companies

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rcookie (Dinar Guru) –  Article quote:  “The European Union decided to support the Iraqi government and the Kurdistan Regional Government, to address the financial crisis, while the declared support for Iraq and Kurdistan in their war against al “Daash” terrorist.”  SO EU MAKING SOLID COMMITMENT OF SUPPORT FOR KURDISTAN REGION TO OVERCOME FINANCIAL CRISIS…AND PROVIDE SUPPORT FOR THE REFORM OF THE ECONOMIC SYSTEM IN IRAQ & KURD REGION…ENSURE TRANSPARENCY & FAIR DISTRIBUTION OF OIL & GAS RESOURCES.

Read More: http://www.dinarupdates.com/observer/
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Global agency: Iraq ‘s agreement with the IMF for a positive credit rating

Economy News / Follow-up …. Announced the agency “Moody’s” credit rating, on Monday, said the agreement concluded by Iraq and the International Monetary Fund for a loan under the positive demand for credit rating and will improve the liquidity of the government strapped to it.

The agency said the credit ratings in a statement that “the agreement will help Iraq to finance the budget deficit and the current account deficit.”

Iraq announces receiving a loan from the IMF $ 13 billion
IMF: Iraq may receive a loan under the demand for three years

And got Iraq, (May 17, 2016), on loan from the IMF worth $ 13 billion with interest estimated at 1.5 percent.

Read More:  http://www.dinarupdates.com/showthread.php?34974-Global-agency-Iraq-s-agreement-with-the-IMF-for-a-positive-credit-rating

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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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“Economy News” published details of Iraq ‘s agreement with the International Monetary Fund

Economy News / special

An informed source at the Ministry of Finance, on Sunday, details of the agreement concluded by Iraq with the International Monetary Fund.
The source for “Economy News” that the agreement provided for the granting of a loan exceeds the initial $ 5 billion, with the following text of the Convention:

First, the general details

1 – that this agreement is not the first, was preceded by two agreements: one in 2005, and the settlement of Iraq’s obligations with creditors in the Paris Club, and the other in 2008, to address the repercussions of the sharp decline in oil prices at the time.

2 – the value of the loan is 5.4 billion (billion) dollars.

3 – The interest rate on this loan does not exceed 1.5% per annum.

4 – assumed that this loan helps to strengthen the creditworthiness of Iraq, and raise the credit rating, the building “umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq amounts could reach more than $ 15 billion. Among these facilities helping Iraq to ease the burden of repayment obligations with the Paris Club, as well as those relating to the payment of international financial obligations. Add to receiving additional financial support from the World Bank, and other countries.

5 – that this loan will help reduce the “extra” in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the deficit “total” deficit (ie the total deficit) in the state budget.

Second requirements

1 – that the Iraqi government to take necessary measures to reduce expenditure in the state budget for fiscal year 2016.

2 – take measures to settle the dues of oil companies, and do not let Petrakmha.

3. full salary and allowances for senior subordinate state employees, functional upper grades, and private, to income tax. These range from tax (according to different income segments) between 7.5% to 15% of the total salary and allowances. As for the lower grades, they impose income tax on only the nominal salary, without benefits.

4 – rehabilitation (or restructuring) self-funded public companies.

5. work hard to raise the efficiency and performance of the financial regulatory agencies in the country, at all levels. And impose strict controls on the doors of disposition of this loan.

Third, other information.

1 – There are controls for the collection of public service wages, to take into account the living conditions of low-income people.

2 – will not raise fuel prices (fuels), because oil prices are currently low, and because existing prices are rewarding for the government.

2 – There is no requirement laid off workers in the government sector.

3 – There are no conditions permit stamped on the ration cards, nor salaries of social protection network, and not government subsidies provided to the displaced.

From the above, the social costs are difficult to this Agreement, are those associated with the repercussions of negative to cut public spending (in the absence of almost entirely of institutions capable of allocating available the best possible ways and means of economic resources, and the lack of the ability to pursue a management efficient public money) .. and also those costs associated with the taxation of the salaries of all employees.

As for how to dispose of the amount of the loan, check spent on the purposes for which has been allocated for it originally, and achieve the main objectives of it, the burden of implementation and follow-up in question, it will be the responsibility of the international parties involved and supportive of this agreement (basic degree), and not the responsibility of the Iraqi government alone.

The Finance Minister Hoshyar Zebari announced that, in the (May 19), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over the next three years, confirmed the governor CBI, on the Keywords that the annual interest rate of the loan is up to 1.5%.

Read More: http://www.dinarupdates.com/showthread.php?34867-quot-Economy-News-quot-published-details-of-Iraq-s-agreement-with-the-International-Monetary
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.25.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-23-16

Currency Auctions Announcement No. 3204

This daily currency auction was held in the Central Bank of Iraq on the 05-23-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Shallow men believe in luck. Strong men believe in cause and effect. – Ralph Waldo Emerson

*** Current News ***

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
5/23 – @ 7:30pm CST

  Smart phone user link – Click here

RCookie synopses from Sunday afternoon…

rcookie: PARLIAMENT

DAWA PARTY HEAD ALI KEYWORDS ASSERTS NEXT PARLIAMENT SESSION WILL VOTE ON TECHNOCRATS…PRESIDENT NATIONAL UNION KURDISTAN BLOC AL TALABANI COMMITS TO ATTEND NEXT PARLIAMENT SESSION…BARZANI MEETS WITH SITTERS FACTION AND DESCRIBES POSITIVE MEETING ON THE NEXT PARLIAMENT SESSION…DAWA PARTY LEADERSHIP CALLING FOR “IRON FIST RESPONSE TO DEMONSTRATOR VIOLATORS OF STATE PROPERTY & INSTITUTIONS…JABOURI TURNS DOWN OFFER TO CONDUCT PARLIAMENT SESSION IN ERBIL PROPOSED BY STATE OF LAW & MALIKI…RAPPORTEUR OF PARLIAMENT STATES PARLIAMENT SESSION CAN CONVENE WITHOUT FEDERAL COURT RULING…PATRIOTIC UNION KURDISTAN ANNOUNCES COMMITMENT TO ATTEND NEXT PARLIAMENT SESSION… SO THE COMMITTEE ABADI USED TO CHAIR ON ECONOMY & INVESTMENT…ANNOUNCES FORMATION OF GROUP WITH EXECUTIVE AUTHORITIES TO RECONSIDER ECONOMIC POLICIES OF THE STATE &CURRENT BUDGET EXPENDITURES…BOLANI STATED THE MINISTRY OF FINANCE WILL PERIODICALLY REVIEWS BUDGET SPENDING EVERY 90 DAYS (DIFFERENT THAN EXISTING BUDGET LAW)…AUDIT OF GOV’T SPENDING AND ABILITY TO INCREASE LOCAL REVENUES AND DRIVE AGRICULTURAL & INDUSTRIAL LOANS & BUSINESS…THE TEAM INCLUDES MEMBERS OF FINANCIAL & ECONOMIC COMMITTEES…MINISTRY OF FINANCE…CBI…AND THE FINANCIAL CONTROL BUREAU…(AND REMEMBER WHO IS OVERSEEING THAT..HINT..IMF)…AND THE TEAM PREPARING A PLAN OF STRATEGY FOR ECONOMIC CHALLENGES..ECONOMIC POLICIES & REPORT TO PARLIAMENT…ABADI OFFICE RENEWS CALL FOR RESUMPTION OF PARLIAMENT SESSIONS…

rcookie: SECURITY

20,000 ISF ARRIVE ON OUTSKIRTS FALLUJAH IN PREPARATION FOR STORMING IMMINENT…FALLUJAH RESIDENTS EVACUATING CITY IN ADVANCE OF ISF APPROACH FOR ISIS LIBERATION CAMPAIGN…STREETS LEADING TO TAHRIR SQUARE REOPENED INCLUDING BRIDGE…PARLIAMENT SECURITY ADDS COMMANDER BAGHDAD OPERATIONS AND SOON HOST ALL SECURITY LEADERS…PESHMERGA CALLING FOR CHEMICAL WEAPON PROTECTION SUPPLIES AFTER REPEATED USE BY ISIS ATTACKS.. CIVIL DEFENSE HEADQUARTERS REOPENS IN WETLANDS….F16’S BOMB ISIS BOOBY TRAPPING COEFFICIENT HEADQUARTERS IN FALLUJAH…ISIS CONTINUES THREATS TO ATTACK HEAVILY POPULATED EUROPEAN MEDITERRANEAN BEACH RESORTS DURING RAMADAN…66 ISIS ELEMENTS KILLED WESTERN FALLUJAH…18 ISIS ELEMENTS KILLED NINEVEH & 15 KILLED IN MOSUL…

rcookie: BUSINESS/FINANCE/ECONOMY

CURRENCY AUCTIONS AT $122 MILLION…IRAQ ANNOUNCES 3RD EXPORT SHIPMENT OF GAS CONDENSATE (C5) FROM SOUTHERN PORT…OBAMA PRAISES ABADI & IRAQ SBA DEAL WITH IMF & TELEPHONE FOR REFORM STATUS…APRIL INFLATION RETRACTS 0.1% WHILE ANNUAL UP TO 2.1% ANBAR, NINEVEH, SALAHUDDIN PROVINCES NOT INCLUDED IN DATA…RAFIDAIN BASRA BRANCH DIRECTOR SENTENCED TO 3 YEARS FOR ILLEGAL LOAN DISBURSEMENT(9 BILLION DINARS) ARTICLE 340 PENAL CODE & RECOVERY OF FUNDS INVOLVED…KURDISTAN AND IRAN SIGN 47 AGREEMENTS OF TOURISM CONTRACTS WITH TRAVEL AGENCIES TO BRING TOURISTS TO IRANIAN KURDISTAN…

rcookie: GENERAL

ABADI OFFICE STATES INVESTIGATION ON DEMONSTRATOR VIOLENCE REVEALS ABSENCE OF DIRECT FIRE ON DEMONSTRATORS & WILL PURSUE VIOLATORS JUDICIALLY…MINISTRY OF EDUCATION REVEAL 514 CERTIFICATED FORGED DURING CURRENT YEAR… DEPUTY US AMBASSADOR JONATHAN COHEN MEETS WITH MALIKI DISCUSS SECURITY & HUMANITARIAN & MILITARY BI LATERAL SUPPORT…”RED CRESCENT” IRAQ’S EQUIVALENT RED CROSS UNDER MICROSCOPE OF FUNDS AND RESTRUCTURE AWAITS ABADI DECISION…PESHMERGA DELEGATION MEETS WITH FRENCH PRESIDENT HOLLANDE…BORDER CROSSING DIRECTORATE & INTEGRITY COMMISSION DECLARES READINESS FOR TREBIL REOPENING AND NEWBORN STATUS TO WORK…SADR BEING DESCRIBED AS DONALD TRUMP OF IRAQ IN NEWSPAPERS…APRIL SALARIES TO BEGIN DISTRIBUTION FOR KURD REGIO NEXT WEEK…IRAQ CALLS FOR JORDAN TO EXTRADITE CRIMINALS AND INCLUDES SADAAM DAUGHTER RAGHAD HUSSEIN…ABADI STATES “WE DON’T HAVE THE MONEY TO REBUILD RAMADI”…
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Iraq received the first of the beginning of July the international loan installment

Financial Advisor to the Prime Minister announced the appearance of Mohammed Saleh, said Iraq will receive the first batch of early next July, the international loan, which is not less than six hundred million dollars.

Saleh said that the total amount of the loan of $ 5.4 billion, pointing out that he payout in the form of thirteen batch, thus indicating that the type of loan to be accessible and with few benefits of up to 1.6%.

Saleh pointed out that the disbursement of the loan will be made in many ways the main ones relate Palmhmolin subsidies and social care as well as investment projects, pointing out not to prejudice the ration cards and the amounts of the displaced.

He said that for the benefit of Basra on a special loan of half a billion, was one of the tasks of the IMF mission to Iraq, with respect to a share of the Kurdistan region of the loan, it will be according to the Iraqi Constitution without specifying further details.

The International Monetary Fund had recently agreed to lend Iraq $ 13 billion to meet the financial needs.

And the impact of falling oil prices on global markets since June 2014, largely on the Iraqi economy, which relies on oil to finance more than 90% of state spending, as well as the large costs of the war against the terrorist organization Daash.

Read More: http://www.dinarupdates.com/showthread.php?34872-Iraq-received-the-first-of-the-beginning-of-July-the-international-loan-installment&p=152808#post152808
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Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Wednesday evening 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

______________________________________________________________

wmawhite (Dinar Guru) –    Quote:  “Direct: agency Fitch Ratings said Friday that Iraq has an agreement with the IMF will open the way to get more international support and the possibility of issuing bonds to global markets.”  issuing bonds to global markets.   Folks…this is Fitch talking about Iraq (CBI) entering the global bond market. And who is Fitch?  “Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data…With dual headquarters in London and New York, Fitch Group is majority owned by Hearst…”  On those bonds…having them backed by other countries makes them a sure thing…6% to 8% on multiple millions is sweet. IMO…the gears on this thing are a turning…all of this activity will be a change in the status of the IQD.

Read More: http://www.dinarupdates.com/observer/
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We have reached an agreement with the Kurdistan Region to open the central bank in Arbil 

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rcookie (Dinar Guru) –   …JUST LIKE THE 2010 CUSTOMS TARIFFS EVERYONE QUESTIONED AND DOUBTED…THE $2 BILLION EUROBOND PROGRAM WAS NEVER AN OPTION…IT WAS AND IS 100% EXECUTING…IT IS IN THE EXISTING 2016 BUDGET…AND IS NOW EVEN MORE CERTAIN THAN EVER BECAUSE THE BONDS HAVE BEEN GUARANTEED BY THE US GOV’T…AND THE 2016 BUDGET IS 100% EXECUTABLE…WITH EXCEPTION!!

Read More: http://www.dinarupdates.com/observer/
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Abadi: The government has planned a strategy to face the economic challenge

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wmawhite (Dinar Guru) –  All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets …and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it’s banks…IMO, there has been a change in the status of Iraq within the international financial community…and why do I state this? Because…articles are talking about it…

Read More: http://www.dinarupdates.com/observer/
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“Economy News” published details of Iraq ‘s agreement with the International Monetary Fund

Economy News / special

An informed source at the Ministry of Finance, on Sunday, details of the agreement concluded by Iraq with the International Monetary Fund.
The source for “Economy News” that the agreement provided for the granting of a loan exceeds the initial $ 5 billion, with the following text of the Convention:

First, the general details

1 – that this agreement is not the first, was preceded by two agreements: one in 2005, and the settlement of Iraq’s obligations with creditors in the Paris Club, and the other in 2008, to address the repercussions of the sharp decline in oil prices at the time.

2 – the value of the loan is 5.4 billion (billion) dollars.

3 – The interest rate on this loan does not exceed 1.5% per annum.

4 – assumed that this loan helps to strengthen the creditworthiness of Iraq, and raise the credit rating, the building “umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq amounts could reach more than $ 15 billion. Among these facilities helping Iraq to ease the burden of repayment obligations with the Paris Club, as well as those relating to the payment of international financial obligations. Add to receiving additional financial support from the World Bank, and other countries.

5 – that this loan will help reduce the “extra” in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the deficit “total” deficit (ie the total deficit) in the state budget.

Second requirements

1 – that the Iraqi government to take necessary measures to reduce expenditure in the state budget for fiscal year 2016.

2 – take measures to settle the dues of oil companies, and do not let Petrakmha.

3. full salary and allowances for senior subordinate state employees, functional upper grades, and private, to income tax. These range from tax (according to different income segments) between 7.5% to 15% of the total salary and allowances. As for the lower grades, they impose income tax on only the nominal salary, without benefits.

4 – rehabilitation (or restructuring) self-funded public companies.

5. work hard to raise the efficiency and performance of the financial regulatory agencies in the country, at all levels. And impose strict controls on the doors of disposition of this loan.

Third, other information.

1 – There are controls for the collection of public service wages, to take into account the living conditions of low-income people.

2 – will not raise fuel prices (fuels), because oil prices are currently low, and because existing prices are rewarding for the government.

2 – There is no requirement laid off workers in the government sector.

3 – There are no conditions permit stamped on the ration cards, nor salaries of social protection network, and not government subsidies provided to the displaced.

From the above, the social costs are difficult to this Agreement, are those associated with the repercussions of negative to cut public spending (in the absence of almost entirely of institutions capable of allocating available the best possible ways and means of economic resources, and the lack of the ability to pursue a management efficient public money) .. and also those costs associated with the taxation of the salaries of all employees.

As for how to dispose of the amount of the loan, check spent on the purposes for which has been allocated for it originally, and achieve the main objectives of it, the burden of implementation and follow-up in question, it will be the responsibility of the international parties involved and supportive of this agreement (basic degree), and not the responsibility of the Iraqi government alone.

The Finance Minister Hoshyar Zebari announced that, in the (May 19), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over the next three years, confirmed the governor CBI, on the Keywords that the annual interest rate of the loan is up to 1.5%.

Read More: http://www.dinarupdates.com/showthread.php?34867-quot-Economy-News-quot-published-details-of-Iraq-s-agreement-with-the-International-Monetary

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
______________________________________________________________

On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil

The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.

The following is a transcript of the interview:

Roudao: What is the role of the central bank in solving the current economic crisis?

On the Keywords: the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars.

Roudao: Is the central bank distract from the reserves at the moment?

Keywords: central bank banned it according to the law that will provide loans to the government, but the central bank can buys money orders or bonds from the secondary market, not from the government directly, that is, when there are money orders issued by the government purchased by banks, can the central bank rediscount, because of the great financial crisis, the banks can not cover all of these transfers continuously.

Roudao: Is the central bank managed to put up securities to obtain financing and bridging the budget deficit?

Products: There are two types of bonds, including the State Department, which tried to Iraq last year promote them outside the country, but Iraq ran into the problem of high interest rates on these bonds, reaching more than 11%, the point of the central bank’s view is not to go into it, because of rising interest rates , and Iraq does not need a dollar, but in need of the Iraqi dinar, because most expenditures in the state budget covers the dinar, so it was our proposal to resort to the local national bonds in Iraqi dinars, which have the benefit of the citizen and covers the need Dinars nor endured high benefits, has recently been agreement to begin offering these bonds.

Roudao: Do you have to put up securities in the global markets for future plans?

Keywords: Yes, after the United States and the World Bank has given the possibility to do to guarantee part of the bond, and when it will land benefits dramatically, at that time we can issue bonds in the international markets, the size of the bond is currently before a start is two billion dollars, and if he could Iraq that the process of market interest rate is suitable, you may think to continue asking other bonds also Bmiliran, and whenever possible, depending on the interest and the conditions and duration.

Roudao: What is the reason for the instability of the Iraqi dinar?

Keywords: reserve central bank is affected by spending the government directly, and if the government is spending more than revenues, the borrowing process to cover the deficit, and this borrowing, which reached today to the large sums of money meant indirectly is pumping cash into the market, there are other factors influenced by exchange rate , a juvenile political and security developments, the situation of stability has a direct impact on exchange rates, and watched the dinar exchange rate in recent instability, where he gave a letter in which a kind of anxiety and fear for the Iraqi people.

Roudao: What is the latest information about your dealings with the International Monetary Fund and World Bank, and what is the size of the loans granted to Iraq?

Keywords: a while ago and the Finance Ministry and the central bank hold in-depth talks with the International Monetary Fund, the search mechanism and conditions of loans, Mtaattlebatt the International Monetary Fund and the conditions are the same orientations of the Iraqi government, because the government is trying to reform public finances of the state structure through the rationalization of expenditures, increase revenue, with maintain employees’ salaries, but the contrary, the IMF wants to emphasize that the Iraqi government does not affect these expenses.

Roudao: What is expected to be granted by the International Monetary Fund for Iraq in 2016 amount?

Keywords: Iraq is expected to happen this year at $ 7 billion, or more than that, at present there are international approach to support Iraq, They are determine these amounts based on the accounts relating to Walkers financial situation, and may be moving in the circumstances, but in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts can say that they have become almost certain.

Roudao: Are there any plans to give a portion of the loans to the Kurdistan Region?

Keywords: agreement, which happened with the Kurdistan Region within the state budget, is to take the region of 17% of total expenditures, so these loans and get it Iraq, as well as bonds, are included in it, because this total expenditure by Iraq, originally came from these loans and certainly the region’s share exist, because Iraq whenever the amount spent is the region’s share of 17%, and if Iraq got the loans and grants for the purposes of spending, when it’s share of the Kurdistan region to be 17% of the total spending.

Roudao: Do you expect to reach the Kurdistan Regional Government to deal with the Iraqi government on the public budget?

Keywords: I got in the recent period some contacts mission between the Kurdistan Regional Government, the federal government, and there is a tendency and desire to solve problems related to, but recent political circumstances had a negative impact on the continuation of the negotiations, and we hope in the coming days to resume talks between the federal government and the Kurdistan Regional Government, and to reach an agreement satisfactory to both parties.

Roudao: How would you describe the relations between the Kurdistan Regional Government and the Iraqi government in the economic field, and what is the level of your dealings with the banks of the Kurdistan Region?

Keywords: central bank being meetings with the Kurdistan Regional Government at a very high level, in order to be the central bank’s real role in the region, including helping to found the banking sector development and support of financial institutions, and provides a legal, financial, and regulatory and supervisory cover is very important, and this hurt mainly the first is in the interest of the Kurdistan region, nor can any geographical area that the banks operate without there being a central bank have linked the presence of these banks, and can deal through it.

Roudao: Do you confess banks in the territory of Kurdistan and do you consider within the branches of the Central Bank?

Keywords: branches found within the territory of Kurdistan present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan region, so we had talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, and we agreed that there is a real central bank in the Kurdistan region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, currently we do the detailed procedures relating to this trend.

Read More: http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 05.23.2015

http://www.cbi.iq/

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-22-16

Currency Auctions Announcement No. 3203

This daily currency auction was held in the Central Bank of Iraq on the 05-22-2016

The results were as follows:

More: http://dinarupdates.com/observer/
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Quality is not an act, it is a habit.

— Aristotle

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” w/Millionday in the DU CHAT ROOM – Sunday evening 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

RCookie synopses for Sunday afternoon…

rcookie: PARLIAMENT

DAWA PARTY HEAD ALI KEYWORDS ASSERTS NEXT PARLIAMENT SESSION WILL VOTE ON TECHNOCRATS…PRESIDENT NATIONAL UNION KURDISTAN BLOC AL TALABANI COMMITS TO ATTEND NEXT PARLIAMENT SESSION…BARZANI MEETS WITH SITTERS FACTION AND DESCRIBES POSITIVE MEETING ON THE NEXT PARLIAMENT SESSION…DAWA PARTY LEADERSHIP CALLING FOR “IRON FIST RESPONSE TO DEMONSTRATOR VIOLATORS OF STATE PROPERTY & INSTITUTIONS…JABOURI TURNS DOWN OFFER TO CONDUCT PARLIAMENT SESSION IN ERBIL PROPOSED BY STATE OF LAW & MALIKI…RAPPORTEUR OF PARLIAMENT STATES PARLIAMENT SESSION CAN CONVENE WITHOUT FEDERAL COURT RULING…PATRIOTIC UNION KURDISTAN ANNOUNCES COMMITMENT TO ATTEND NEXT PARLIAMENT SESSION… SO THE COMMITTEE ABADI USED TO CHAIR ON ECONOMY & INVESTMENT…ANNOUNCES FORMATION OF GROUP WITH EXECUTIVE AUTHORITIES TO RECONSIDER ECONOMIC POLICIES OF THE STATE &CURRENT BUDGET EXPENDITURES…BOLANI STATED THE MINISTRY OF FINANCE WILL PERIODICALLY REVIEWS BUDGET SPENDING EVERY 90 DAYS (DIFFERENT THAN EXISTING BUDGET LAW)…AUDIT OF GOV’T SPENDING AND ABILITY TO INCREASE LOCAL REVENUES AND DRIVE AGRICULTURAL & INDUSTRIAL LOANS & BUSINESS…THE TEAM INCLUDES MEMBERS OF FINANCIAL & ECONOMIC COMMITTEES…MINISTRY OF FINANCE…CBI…AND THE FINANCIAL CONTROL BUREAU…(AND REMEMBER WHO IS OVERSEEING THAT..HINT..IMF)…AND THE TEAM PREPARING A PLAN OF STRATEGY FOR ECONOMIC CHALLENGES..ECONOMIC POLICIES & REPORT TO PARLIAMENT…ABADI OFFICE RENEWS CALL FOR RESUMPTION OF PARLIAMENT SESSIONS…

rcookie: SECURITY

20,000 ISF ARRIVE ON OUTSKIRTS FALLUJAH IN PREPARATION FOR STORMING IMMINENT…FALLUJAH RESIDENTS EVACUATING CITY IN ADVANCE OF ISF APPROACH FOR ISIS LIBERATION CAMPAIGN…STREETS LEADING TO TAHRIR SQUARE REOPENED INCLUDING BRIDGE…PARLIAMENT SECURITY ADDS COMMANDER BAGHDAD OPERATIONS AND SOON HOST ALL SECURITY LEADERS…PESHMERGA CALLING FOR CHEMICAL WEAPON PROTECTION SUPPLIES AFTER REPEATED USE BY ISIS ATTACKS.. CIVIL DEFENSE HEADQUARTERS REOPENS IN WETLANDS….F16’S BOMB ISIS BOOBY TRAPPING COEFFICIENT HEADQUARTERS IN FALLUJAH…ISIS CONTINUES THREATS TO ATTACK HEAVILY POPULATED EUROPEAN MEDITERRANEAN BEACH RESORTS DURING RAMADAN…66 ISIS ELEMENTS KILLED WESTERN FALLUJAH…18 ISIS ELEMENTS KILLED NINEVEH & 15 KILLED IN MOSUL…

rcookie: BUSINESS/FINANCE/ECONOMY

CURRENCY AUCTIONS AT $122 MILLION…IRAQ ANNOUNCES 3RD EXPORT SHIPMENT OF GAS CONDENSATE (C5) FROM SOUTHERN PORT…OBAMA PRAISES ABADI & IRAQ SBA DEAL WITH IMF & TELEPHONE FOR REFORM STATUS…APRIL INFLATION RETRACTS 0.1% WHILE ANNUAL UP TO 2.1% ANBAR, NINEVEH, SALAHUDDIN PROVINCES NOT INCLUDED IN DATA…RAFIDAIN BASRA BRANCH DIRECTOR SENTENCED TO 3 YEARS FOR ILLEGAL LOAN DISBURSEMENT(9 BILLION DINARS) ARTICLE 340 PENAL CODE & RECOVERY OF FUNDS INVOLVED…KURDISTAN AND IRAN SIGN 47 AGREEMENTS OF TOURISM CONTRACTS WITH TRAVEL AGENCIES TO BRING TOURISTS TO IRANIAN KURDISTAN…

rcookie: GENERAL

ABADI OFFICE STATES INVESTIGATION ON DEMONSTRATOR VIOLENCE REVEALS ABSENCE OF DIRECT FIRE ON DEMONSTRATORS & WILL PURSUE VIOLATORS JUDICIALLY…MINISTRY OF EDUCATION REVEAL 514 CERTIFICATED FORGED DURING CURRENT YEAR… DEPUTY US AMBASSADOR JONATHAN COHEN MEETS WITH MALIKI DISCUSS SECURITY & HUMANITARIAN & MILITARY BI LATERAL SUPPORT…”RED CRESCENT” IRAQ’S EQUIVALENT RED CROSS UNDER MICROSCOPE OF FUNDS AND RESTRUCTURE AWAITS ABADI DECISION…PESHMERGA DELEGATION MEETS WITH FRENCH PRESIDENT HOLLANDE…BORDER CROSSING DIRECTORATE & INTEGRITY COMMISSION DECLARES READINESS FOR TREBIL REOPENING AND NEWBORN STATUS TO WORK…SADR BEING DESCRIBED AS DONALD TRUMP OF IRAQ IN NEWSPAPERS…APRIL SALARIES TO BEGIN DISTRIBUTION FOR KURD REGIO NEXT WEEK…IRAQ CALLS FOR JORDAN TO EXTRADITE CRIMINALS AND INCLUDES SADAAM DAUGHTER RAGHAD HUSSEIN…ABADI STATES “WE DON’T HAVE THE MONEY TO REBUILD RAMADI”…
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Iraq received the first of the beginning of July the international loan installment

Financial Advisor to the Prime Minister announced the appearance of Mohammed Saleh, said Iraq will receive the first batch of early next July, the international loan, which is not less than six hundred million dollars.

Saleh said that the total amount of the loan of $ 5.4 billion, pointing out that he payout in the form of thirteen batch, thus indicating that the type of loan to be accessible and with few benefits of up to 1.6%.

Saleh pointed out that the disbursement of the loan will be made in many ways the main ones relate Palmhmolin subsidies and social care as well as investment projects, pointing out not to prejudice the ration cards and the amounts of the displaced.

He said that for the benefit of Basra on a special loan of half a billion, was one of the tasks of the IMF mission to Iraq, with respect to a share of the Kurdistan region of the loan, it will be according to the Iraqi Constitution without specifying further details.

The International Monetary Fund had recently agreed to lend Iraq $ 13 billion to meet the financial needs.

And the impact of falling oil prices on global markets since June 2014, largely on the Iraqi economy, which relies on oil to finance more than 90% of state spending, as well as the large costs of the war against the terrorist organization Daash.

Read More: http://www.dinarupdates.com/showthread.php?34872-Iraq-received-the-first-of-the-beginning-of-July-the-international-loan-installment&p=152808#post152808

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –    Quote:  “Direct: agency Fitch Ratings said Friday that Iraq has an agreement with the IMF will open the way to get more international support and the possibility of issuing bonds to global markets.”  issuing bonds to global markets.   Folks…this is Fitch talking about Iraq (CBI) entering the global bond market. And who is Fitch?  “Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data…With dual headquarters in London and New York, Fitch Group is majority owned by Hearst…”  On those bonds…having them backed by other countries makes them a sure thing…6% to 8% on multiple millions is sweet. IMO…the gears on this thing are a turning…all of this activity will be a change in the status of the IQD.

Read More: http://www.dinarupdates.com/observer/
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We have reached an agreement with the Kurdistan Region to open the central bank in Arbil 

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rcookie (Dinar Guru) –   …JUST LIKE THE 2010 CUSTOMS TARIFFS EVERYONE QUESTIONED AND DOUBTED…THE $2 BILLION EUROBOND PROGRAM WAS NEVER AN OPTION…IT WAS AND IS 100% EXECUTING…IT IS IN THE EXISTING 2016 BUDGET…AND IS NOW EVEN MORE CERTAIN THAN EVER BECAUSE THE BONDS HAVE BEEN GUARANTEED BY THE US GOV’T…AND THE 2016 BUDGET IS 100% EXECUTABLE…WITH EXCEPTION!!

Read More: http://www.dinarupdates.com/observer/
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Abadi: The government has planned a strategy to face the economic challenge

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wmawhite (Dinar Guru) –  All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets …and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it’s banks…IMO, there has been a change in the status of Iraq within the international financial community…and why do I state this? Because…articles are talking about it…

Read More: http://www.dinarupdates.com/observer/
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“Economy News” published details of Iraq ‘s agreement with the International Monetary Fund

Economy News / special

An informed source at the Ministry of Finance, on Sunday, details of the agreement concluded by Iraq with the International Monetary Fund.
The source for “Economy News” that the agreement provided for the granting of a loan exceeds the initial $ 5 billion, with the following text of the Convention:

First, the general details

1 – that this agreement is not the first, was preceded by two agreements: one in 2005, and the settlement of Iraq’s obligations with creditors in the Paris Club, and the other in 2008, to address the repercussions of the sharp decline in oil prices at the time.

2 – the value of the loan is 5.4 billion (billion) dollars.

3 – The interest rate on this loan does not exceed 1.5% per annum.

4 – assumed that this loan helps to strengthen the creditworthiness of Iraq, and raise the credit rating, the building “umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq amounts could reach more than $ 15 billion. Among these facilities helping Iraq to ease the burden of repayment obligations with the Paris Club, as well as those relating to the payment of international financial obligations. Add to receiving additional financial support from the World Bank, and other countries.

5 – that this loan will help reduce the “extra” in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the deficit “total” deficit (ie the total deficit) in the state budget.

Second requirements

1 – that the Iraqi government to take necessary measures to reduce expenditure in the state budget for fiscal year 2016.

2 – take measures to settle the dues of oil companies, and do not let Petrakmha.

3. full salary and allowances for senior subordinate state employees, functional upper grades, and private, to income tax. These range from tax (according to different income segments) between 7.5% to 15% of the total salary and allowances. As for the lower grades, they impose income tax on only the nominal salary, without benefits.

4 – rehabilitation (or restructuring) self-funded public companies.

5. work hard to raise the efficiency and performance of the financial regulatory agencies in the country, at all levels. And impose strict controls on the doors of disposition of this loan.

Third, other information.

1 – There are controls for the collection of public service wages, to take into account the living conditions of low-income people.

2 – will not raise fuel prices (fuels), because oil prices are currently low, and because existing prices are rewarding for the government.

2 – There is no requirement laid off workers in the government sector.

3 – There are no conditions permit stamped on the ration cards, nor salaries of social protection network, and not government subsidies provided to the displaced.

From the above, the social costs are difficult to this Agreement, are those associated with the repercussions of negative to cut public spending (in the absence of almost entirely of institutions capable of allocating available the best possible ways and means of economic resources, and the lack of the ability to pursue a management efficient public money) .. and also those costs associated with the taxation of the salaries of all employees.

As for how to dispose of the amount of the loan, check spent on the purposes for which has been allocated for it originally, and achieve the main objectives of it, the burden of implementation and follow-up in question, it will be the responsibility of the international parties involved and supportive of this agreement (basic degree), and not the responsibility of the Iraqi government alone.

The Finance Minister Hoshyar Zebari announced that, in the (May 19), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over the next three years, confirmed the governor CBI, on the Keywords that the annual interest rate of the loan is up to 1.5%.

Read More: http://www.dinarupdates.com/showthread.php?34867-quot-Economy-News-quot-published-details-of-Iraq-s-agreement-with-the-International-Monetary

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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil

The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.

The following is a transcript of the interview:

Roudao: What is the role of the central bank in solving the current economic crisis?

On the Keywords: the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars.

Roudao: Is the central bank distract from the reserves at the moment?

Keywords: central bank banned it according to the law that will provide loans to the government, but the central bank can buys money orders or bonds from the secondary market, not from the government directly, that is, when there are money orders issued by the government purchased by banks, can the central bank rediscount, because of the great financial crisis, the banks can not cover all of these transfers continuously.

Roudao: Is the central bank managed to put up securities to obtain financing and bridging the budget deficit?

Products: There are two types of bonds, including the State Department, which tried to Iraq last year promote them outside the country, but Iraq ran into the problem of high interest rates on these bonds, reaching more than 11%, the point of the central bank’s view is not to go into it, because of rising interest rates , and Iraq does not need a dollar, but in need of the Iraqi dinar, because most expenditures in the state budget covers the dinar, so it was our proposal to resort to the local national bonds in Iraqi dinars, which have the benefit of the citizen and covers the need Dinars nor endured high benefits, has recently been agreement to begin offering these bonds.

Roudao: Do you have to put up securities in the global markets for future plans?

Keywords: Yes, after the United States and the World Bank has given the possibility to do to guarantee part of the bond, and when it will land benefits dramatically, at that time we can issue bonds in the international markets, the size of the bond is currently before a start is two billion dollars, and if he could Iraq that the process of market interest rate is suitable, you may think to continue asking other bonds also Bmiliran, and whenever possible, depending on the interest and the conditions and duration.

Roudao: What is the reason for the instability of the Iraqi dinar?

Keywords: reserve central bank is affected by spending the government directly, and if the government is spending more than revenues, the borrowing process to cover the deficit, and this borrowing, which reached today to the large sums of money meant indirectly is pumping cash into the market, there are other factors influenced by exchange rate , a juvenile political and security developments, the situation of stability has a direct impact on exchange rates, and watched the dinar exchange rate in recent instability, where he gave a letter in which a kind of anxiety and fear for the Iraqi people.

Roudao: What is the latest information about your dealings with the International Monetary Fund and World Bank, and what is the size of the loans granted to Iraq?

Keywords: a while ago and the Finance Ministry and the central bank hold in-depth talks with the International Monetary Fund, the search mechanism and conditions of loans, Mtaattlebatt the International Monetary Fund and the conditions are the same orientations of the Iraqi government, because the government is trying to reform public finances of the state structure through the rationalization of expenditures, increase revenue, with maintain employees’ salaries, but the contrary, the IMF wants to emphasize that the Iraqi government does not affect these expenses.

Roudao: What is expected to be granted by the International Monetary Fund for Iraq in 2016 amount?

Keywords: Iraq is expected to happen this year at $ 7 billion, or more than that, at present there are international approach to support Iraq, They are determine these amounts based on the accounts relating to Walkers financial situation, and may be moving in the circumstances, but in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts can say that they have become almost certain.

Roudao: Are there any plans to give a portion of the loans to the Kurdistan Region?

Keywords: agreement, which happened with the Kurdistan Region within the state budget, is to take the region of 17% of total expenditures, so these loans and get it Iraq, as well as bonds, are included in it, because this total expenditure by Iraq, originally came from these loans and certainly the region’s share exist, because Iraq whenever the amount spent is the region’s share of 17%, and if Iraq got the loans and grants for the purposes of spending, when it’s share of the Kurdistan region to be 17% of the total spending.

Roudao: Do you expect to reach the Kurdistan Regional Government to deal with the Iraqi government on the public budget?

Keywords: I got in the recent period some contacts mission between the Kurdistan Regional Government, the federal government, and there is a tendency and desire to solve problems related to, but recent political circumstances had a negative impact on the continuation of the negotiations, and we hope in the coming days to resume talks between the federal government and the Kurdistan Regional Government, and to reach an agreement satisfactory to both parties.

Roudao: How would you describe the relations between the Kurdistan Regional Government and the Iraqi government in the economic field, and what is the level of your dealings with the banks of the Kurdistan Region?

Keywords: central bank being meetings with the Kurdistan Regional Government at a very high level, in order to be the central bank’s real role in the region, including helping to found the banking sector development and support of financial institutions, and provides a legal, financial, and regulatory and supervisory cover is very important, and this hurt mainly the first is in the interest of the Kurdistan region, nor can any geographical area that the banks operate without there being a central bank have linked the presence of these banks, and can deal through it.

Roudao: Do you confess banks in the territory of Kurdistan and do you consider within the branches of the Central Bank?

Keywords: branches found within the territory of Kurdistan present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan region, so we had talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, and we agreed that there is a real central bank in the Kurdistan region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, currently we do the detailed procedures relating to this trend.

Read More: http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.22.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-19-16

Currency Auctions Announcement No. 3202

This daily currency auction was held in the Central Bank of Iraq on the 05-19-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless. – Thomas Edison

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Saturday evening 7:30pm CST!!

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Rafidain Bank announces financial achievements in the provision of banking services

(Independent) .. Rafidain Bank reviewed the financial achievements in the provision of banking services to state institutions and citizens and other sectors.

The Director – General spokesman Kamal al – Hassani said the bank At the fifth anniversary after the seventieth anniversary, which coincides with the nineteenth of this month managed to achieve sophisticated financial achievements compared to the previous departments.

He noted that the bank ‘s shares in the adoption of the electronic card (ironing Card – MasterCard) in pensions and groups other covered by using advanced banking technology for users of the card in all its branches inside and outside Alarac.adavh to pushing staff private courses to develop Mlakathm up experience in the fields of employment financial and banking and access to international banking experiences in this regard.

Hassani said that the bank has contributed in collaboration with the Central Bank to provide a dollar coin to citizens for multiple purposes and its own resources and in accordance with the conditions set by the Central Bank. And develop a plan for expansion and opening up to the banks of the world and provided necessary facilities for employees and retirees ..

With regard to the granting of loans and advances noted , many of which provide for them under the conditions covered by the law and regulations, in addition to that it has started to open new branches in the country to provide services to its customers.

As between Hassani and the presence of many of the bank ‘s achievements and it will supplement the media out later.

Read More: http://www.dinarupdates.com/showthread.php?34611-Rafidain-Bank-announces-financial-achievements-in-the-provision-of-banking-services
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Parliamentary Finance rejects the dictates of the International Monetary Fund

He criticized the parliamentary finance committee member Ahmed Sarhan Sarhan, Sunday, the dictates of the International Monetary Fund and invite them to reduce the federal budget in exchange for the agreed loan already disbursed.

Said Sarhan “The budget is a federal law in force, voted by the House of Representatives after extensive discussion, and can not be amended only through a veto of the law of the Federal Court and sent back to parliament to amend it according to specific paragraphs, or through a proposal submitted signed by fifty deputy to modify it according to specific conditions.”

“The budget can not cut it, they originally are compressed, and the employees and retirees and the card Altamonah and fuel subsidies salaries allocations are a red line can not be compromised.”

He said the “international loan believe that there was no risk of him any, because it represents an agreement signed between the IMF and the Iraqi government.”

Ahmad noted that “we reject any dictates or conditions established by the International Monetary Fund in exchange for submitting a loan has been agreed in advance to help Iraq,” pointing out that “the stenosis or the imposition of conditions and interventions or dictations are things that can not be accepted, which is unacceptable,” stressing that “the IMF international, said he wanted to help Iraq without conditions, we welcome them. ”

Read More: http://www.dinarupdates.com/showthread.php?34521-Parliamentary-Finance-rejects-the-dictates-of-the-International-Monetary-Fund&p=152294#post152294

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –   Article:  “Urgent .. Iraq gets a financial certificate enables him to deal with international banks with high confidence”   To me, it implies that previous to this action…Iraq (CBI/its banks) were unable to deal with international banks.   so, now they can?  This implies, yes, now they can. This implies change…is this part of the process of entering the economy markets?   i think it is quite reasonable to assume so.  [Won’t this be also a chance for the dinar to international now?]  technically…the dinar is international…it is the currency of a sovereign country…it is already accepted by other countries too, such as India. But, what you may be asking about, once the IMF gives its “Good House Keeping Seal of Approval”…Artice 8, more countries will agree to accept/exchange the IQD as part of Iraq settling foreign remittances.

Read More: http://www.dinarupdates.com/observer/
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We have reached an agreement with the Kurdistan Region to open the central bank in Arbil 

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BGG (Dinar Guru) –   based on their NEED… (according to Alak) – they would benefit great from a “value enhanced” Dinar. Their internal purchasing power would be greater – just like your and mine.   they are pointing out… in a vague sort of way, they don’t need USD – they need more Dinar, a more powerful Dinar because they need purchasing power in their own country – for their own projects.Simple.   …they are almost shouting “THEY NEED VALUE”… do you think they would achieve value and withhold it from the world?

Read More: http://www.dinarupdates.com/observer/
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Abadi: The government has planned a strategy to face the economic challenge

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wmawhite (Dinar Guru) –  there are soooo many indicators out here that gives us reason to believe the IMF knew what it was speaking about…  All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets …and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it’s banks…

Read More: http://www.dinarupdates.com/observer/
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Federal Court calls on the parties to the appeal proceedings Bgelsta Parliament to provide answers in 15 days

[Oan- Baghdad] The Federal Supreme Court issued Tuesday, a letter to all parties to challenge the constitutionality of two sessions of the House of Representatives meetings, lawsuits last month to provide their answers in accordance with legal terms in order to be resolved as soon as possible, stressing that its going to be open for all, including the public.

The spokesman for the judiciary Judge Abdul Sattar Bayraktar said in a statement received by all of Iraq [where] a copy of it, that “the Federal Supreme Court met in its entirety today, and decided to address a letter to the parties held on 13 and 16 of the last month, suits, regarding the appeal the constitutionality of two sessions of meetings, the House of Representatives last month. ”

He said Bayraktar, that “the parties to the lawsuit and sent them all the notifications in accordance with the provisions of Article [2 / I] of the Rules of Procedure of the Court of the Supreme Federal No. 1 for the year 2005,” noting that “this article stipulates [of the lawsuit and documents to the discount needs to be answered liberation during a period not exceeding 15 days from the date of notification. ”

And between, “The court called upon all the parties and their agents answer on what was in these cases and provide what they have all the means within the period specified in that article to prove the allegation or exile.”

He pointed out that “actions come in order for the court to set a date for the defense in these proceedings, which will be public meetings for all parties to lawsuits and their agents and the public wishing to attend and then resolve claims under the provisions of the Constitution and the laws and regulations in force as soon as possible.”

Bayraktar stressed that this comes “in recognition of the circumstances that Iraq is going through and the commitment of the specific responsibilities of the Federal Supreme Court in the Constitution, laws and regulations.”

The Federal Supreme Court has announced the receipt of last Thursday, lawsuits to challenge the constitutionality of the two sessions of the House of Representatives sessions held in the month of April.

Thanks Bobby!! – https://www.facebook.com/groups/571383766355188/

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

______________________________________________________________

On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil

The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.

The following is a transcript of the interview:

Roudao: What is the role of the central bank in solving the current economic crisis?

On the Keywords: the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars.

Roudao: Is the central bank distract from the reserves at the moment?

Keywords: central bank banned it according to the law that will provide loans to the government, but the central bank can buys money orders or bonds from the secondary market, not from the government directly, that is, when there are money orders issued by the government purchased by banks, can the central bank rediscount, because of the great financial crisis, the banks can not cover all of these transfers continuously.

Roudao: Is the central bank managed to put up securities to obtain financing and bridging the budget deficit?

Products: There are two types of bonds, including the State Department, which tried to Iraq last year promote them outside the country, but Iraq ran into the problem of high interest rates on these bonds, reaching more than 11%, the point of the central bank’s view is not to go into it, because of rising interest rates , and Iraq does not need a dollar, but in need of the Iraqi dinar, because most expenditures in the state budget covers the dinar, so it was our proposal to resort to the local national bonds in Iraqi dinars, which have the benefit of the citizen and covers the need Dinars nor endured high benefits, has recently been agreement to begin offering these bonds.

Roudao: Do you have to put up securities in the global markets for future plans?

Keywords: Yes, after the United States and the World Bank has given the possibility to do to guarantee part of the bond, and when it will land benefits dramatically, at that time we can issue bonds in the international markets, the size of the bond is currently before a start is two billion dollars, and if he could Iraq that the process of market interest rate is suitable, you may think to continue asking other bonds also Bmiliran, and whenever possible, depending on the interest and the conditions and duration.

Roudao: What is the reason for the instability of the Iraqi dinar?

Keywords: reserve central bank is affected by spending the government directly, and if the government is spending more than revenues, the borrowing process to cover the deficit, and this borrowing, which reached today to the large sums of money meant indirectly is pumping cash into the market, there are other factors influenced by exchange rate , a juvenile political and security developments, the situation of stability has a direct impact on exchange rates, and watched the dinar exchange rate in recent instability, where he gave a letter in which a kind of anxiety and fear for the Iraqi people.

Roudao: What is the latest information about your dealings with the International Monetary Fund and World Bank, and what is the size of the loans granted to Iraq?

Keywords: a while ago and the Finance Ministry and the central bank hold in-depth talks with the International Monetary Fund, the search mechanism and conditions of loans, Mtaattlebatt the International Monetary Fund and the conditions are the same orientations of the Iraqi government, because the government is trying to reform public finances of the state structure through the rationalization of expenditures, increase revenue, with maintain employees’ salaries, but the contrary, the IMF wants to emphasize that the Iraqi government does not affect these expenses.

Roudao: What is expected to be granted by the International Monetary Fund for Iraq in 2016 amount?

Keywords: Iraq is expected to happen this year at $ 7 billion, or more than that, at present there are international approach to support Iraq, They are determine these amounts based on the accounts relating to Walkers financial situation, and may be moving in the circumstances, but in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts can say that they have become almost certain.

Roudao: Are there any plans to give a portion of the loans to the Kurdistan Region?

Keywords: agreement, which happened with the Kurdistan Region within the state budget, is to take the region of 17% of total expenditures, so these loans and get it Iraq, as well as bonds, are included in it, because this total expenditure by Iraq, originally came from these loans and certainly the region’s share exist, because Iraq whenever the amount spent is the region’s share of 17%, and if Iraq got the loans and grants for the purposes of spending, when it’s share of the Kurdistan region to be 17% of the total spending.

Roudao: Do you expect to reach the Kurdistan Regional Government to deal with the Iraqi government on the public budget?

Keywords: I got in the recent period some contacts mission between the Kurdistan Regional Government, the federal government, and there is a tendency and desire to solve problems related to, but recent political circumstances had a negative impact on the continuation of the negotiations, and we hope in the coming days to resume talks between the federal government and the Kurdistan Regional Government, and to reach an agreement satisfactory to both parties.

Roudao: How would you describe the relations between the Kurdistan Regional Government and the Iraqi government in the economic field, and what is the level of your dealings with the banks of the Kurdistan Region?

Keywords: central bank being meetings with the Kurdistan Regional Government at a very high level, in order to be the central bank’s real role in the region, including helping to found the banking sector development and support of financial institutions, and provides a legal, financial, and regulatory and supervisory cover is very important, and this hurt mainly the first is in the interest of the Kurdistan region, nor can any geographical area that the banks operate without there being a central bank have linked the presence of these banks, and can deal through it.

Roudao: Do you confess banks in the territory of Kurdistan and do you consider within the branches of the Central Bank?

Keywords: branches found within the territory of Kurdistan present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan region, so we had talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, and we agreed that there is a real central bank in the Kurdistan region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, currently we do the detailed procedures relating to this trend.

Read More: http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 05.20.2015

http://www.cbi.iq/

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-18-16

Currency Auctions Announcement No. 3201

This daily currency auction was held in the Central Bank of Iraq on the 05-18-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

There are no compacts between lions and men, and wolves and sheep have no concord. – Homer

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Wednesday evening 7:30pm CST!!

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Jubouri Announces Extension of the current chapter Sharii of Parliament to one month

BAGHDAD / News Network Iraq – announced Parliament Speaker Salim al – Jubouri , the extension of the current chapter Sharii of Parliament to a month Ahd.ozkr a statement his office today: “Based on the powers vested in the President of the House of Representatives, according to the Article 58 of the Constitution, it was decided to extend the current legislative term of the House of Representatives and therefore the urgent need to complete reforms and legislation necessary necessary in the interests of the country ‘s supreme . “The President of the Republic Fuad Masum, the face on Monday, to call for the House of Representatives need to extend the current legislative term of one month from the end of the current dismissal date of the end of the month of May Gara.oppema extension will be a legislative recess to parliament one month [July] .ouget Federal Supreme Court on Tuesday, a letter to all parties to challenge the constitutionality of two sessions of the House of Representatives meetings , lawsuits last month to submit their answers in accordance with legal terms in order to be resolved as soon as possible, stressing that its going to be open for all, including the public.

Read More: http://www.dinarupdates.com/showthread.php?34536-Jubouri-Announces-Extension-of-the-current-chapter-Sharii-of-Parliament-to-one-month
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Parliamentary Finance rejects the dictates of the International Monetary Fund

He criticized the parliamentary finance committee member Ahmed Sarhan Sarhan, Sunday, the dictates of the International Monetary Fund and invite them to reduce the federal budget in exchange for the agreed loan already disbursed.

Said Sarhan “The budget is a federal law in force, voted by the House of Representatives after extensive discussion, and can not be amended only through a veto of the law of the Federal Court and sent back to parliament to amend it according to specific paragraphs, or through a proposal submitted signed by fifty deputy to modify it according to specific conditions.”

“The budget can not cut it, they originally are compressed, and the employees and retirees and the card Altamonah and fuel subsidies salaries allocations are a red line can not be compromised.”

He said the “international loan believe that there was no risk of him any, because it represents an agreement signed between the IMF and the Iraqi government.”

Ahmad noted that “we reject any dictates or conditions established by the International Monetary Fund in exchange for submitting a loan has been agreed in advance to help Iraq,” pointing out that “the stenosis or the imposition of conditions and interventions or dictations are things that can not be accepted, which is unacceptable,” stressing that “the IMF international, said he wanted to help Iraq without conditions, we welcome them. ”

Read More: http://www.dinarupdates.com/showthread.php?34521-Parliamentary-Finance-rejects-the-dictates-of-the-International-Monetary-Fund&p=152294#post152294

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) –   …ANYONE SUBSCRIBE TO THE TWIN SHIITE BROTHERS WEDDING COMING OUT TOGETHER THEORY.  IF THERE IS 1 CONSISTENT…PERVASIVELY IMPORTANT ECONOMIC INDICATORS SHABIBI…TURKI…IRAQI ECONOMISTS…AND OTHER COUNTRIES (ESPECIALLY IRANS) CENTRAL BANK GOVERNORS…STATE AS KEY TO MONETARY AND CURRENCY VALUE REFORM IN INTERVIEWS AND STATEMENTS IT IS…  …A PRE SANCTION LIFTING ARTICLE… FROM INTERVIEW LAST JUNE WITH IRANS CENTRAL BANK GOVERNOR…WHO SAID THAT POST SANCTION CONSIDERATION OF CURRENCY REVALUATION FROM IRAN COULD NOT EVEN BE CONSIDERED UNTIL THEIR INFLATION RATE WAS STABILIZED AND UNDER CONTROL….

Read More: http://www.dinarupdates.com/observer/
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We have reached an agreement with the Kurdistan Region to open the central bank in Arbil 

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Millionday (Dinar Guru) –   Article quote:  “Political likely that the House of Representatives held its meeting tomorrow amid positive reactions by the Kurds in the presence of the next parliament sessions, confirming everyone ‘s agreement on the need to extend the legislative term and to continue the political process…”  TUESDAY IS SEEN AS A SURE THING…THEY MET ON SUNDAY AND THIS MONDAY NEWS SO THEY ARE REFERRING TO TUESDAY…ALL ARE IN AND THIS INCLUDES THE KURDS…IT APPEARS TO ME AS MONEY IS INVOLVED.   THE LEGISLATION IS ALL THAT IS ON THE SHELF…THIS IS TO MOVE FORWARD WITH REFORMS OBVIOUSLY.   SO WHERE WE ARE IS THAT THE ECONOMIC AND POLITICAL REFORM IS BEING RESOLVED IN THE NEXT FEW DAYS AND THIS IS TIME TO PRAY AND HOPE THAT NOTHING HAPPENS AND THEY MOVE FORWARD.  THIS IS FANTASTIC NEWS…VERY ENCOURAGING TO SAY THE LEAST…

Read More: http://www.dinarupdates.com/observer/
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Abadi: The government has planned a strategy to face the economic challenge

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Poppy3 (Dinar Guru) –   they are trying to complete the list of TO DO’S THEY WERE ISSUED MONTHS AGO TO GAIN GLOBAL ECONOMICALLY RECOGNIZED.  AS I have said the IMF stated the time line ALL WE can do is pray they complete the task for them to meet the issued time table.  today and for many days lately we see them placing things in motion in fast mode to meet the time in june they are to move to a GLOBAL market ECONOMY.  ITS IS EXTREMELY ENCOURAGING AND NOW WITHIN THEIR REACH.

Read More: http://www.dinarupdates.com/observer/
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Federal Court calls on the parties to the appeal proceedings Bgelsta Parliament to provide answers in 15 days

[Oan- Baghdad] The Federal Supreme Court issued Tuesday, a letter to all parties to challenge the constitutionality of two sessions of the House of Representatives meetings, lawsuits last month to provide their answers in accordance with legal terms in order to be resolved as soon as possible, stressing that its going to be open for all, including the public.

The spokesman for the judiciary Judge Abdul Sattar Bayraktar said in a statement received by all of Iraq [where] a copy of it, that “the Federal Supreme Court met in its entirety today, and decided to address a letter to the parties held on 13 and 16 of the last month, suits, regarding the appeal the constitutionality of two sessions of meetings, the House of Representatives last month. ”

He said Bayraktar, that “the parties to the lawsuit and sent them all the notifications in accordance with the provisions of Article [2 / I] of the Rules of Procedure of the Court of the Supreme Federal No. 1 for the year 2005,” noting that “this article stipulates [of the lawsuit and documents to the discount needs to be answered liberation during a period not exceeding 15 days from the date of notification. ”

And between, “The court called upon all the parties and their agents answer on what was in these cases and provide what they have all the means within the period specified in that article to prove the allegation or exile.”

He pointed out that “actions come in order for the court to set a date for the defense in these proceedings, which will be public meetings for all parties to lawsuits and their agents and the public wishing to attend and then resolve claims under the provisions of the Constitution and the laws and regulations in force as soon as possible.”

Bayraktar stressed that this comes “in recognition of the circumstances that Iraq is going through and the commitment of the specific responsibilities of the Federal Supreme Court in the Constitution, laws and regulations.”

The Federal Supreme Court has announced the receipt of last Thursday, lawsuits to challenge the constitutionality of the two sessions of the House of Representatives sessions held in the month of April.

Thanks Bobby!! – https://www.facebook.com/groups/571383766355188/

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

______________________________________________________________

Tariq al-Hashimi, former Iraqi VP, removed from Interpol’s red notice

ERBIL, Kurdistan Region – Tariq al-Hashimi, former vice president of Iraq and a prominent Sunni leader who was convicted of murder and later sentenced to death under former Iraqi Prime Minister Nouri al-Maliki, was reportedly taken off of Interpol’s red notice list on Monday.

Hashimi, a Sunni and former Iraqi vice president, received multiple death penalties on terrorism charges in an absentia trial in December 2011 under the previous Shiite-led government of then Prime Minister Nouri al-Maliki.

Hashimi had insisted that he was innocent and that the terrorism charges against him were politically motivated. He escaped to the Kurdistan Region, and then to Qatar before settling in Turkey.

Interpol’s investigation committee has reportedly announced that there were suspicions about the information given against Hashimi and, therefore, it was decreed that Hashimi should be removed from the red notice list.

“The Interpol decree is evidence that charges the Iraqi authorities accused me of in order to sentence me [to death] were not accurate,” Hashimi has said, quoted by news agencies.
The Interpol red notice for Hashimi represented an international alert to all of Interpol’s 190 member countries to seek their help in locating and arresting him, following the issue of a national arrest warrant by Iraq’s Judicial Investigative Authority as part of an investigation in which security forces seized bomb-making materials and arrested other individuals.

Following accusations of involvement in the bombing of the Iraqi Council of Ministers in 2011, Hashimi reportedly tried to escape to the Kurdistan Region.

Days after the withdrawal of US troops in Iraq, Maliki’s government began arresting prominent Sunni politicians and dissidents under anti-terrorism and de-Baathification laws, which deepened the sectarian divisions between Sunni and Shiite factions in the country.

Rudaw.net

BGG ~ Wow?!? Big news here… Interpol isn’t on board with the corruption in Iraq.

______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.18.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-16-16

Currency Auctions Announcement No. 3199

This daily currency auction was held in the Central Bank of Iraq on the 05-16-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

One man with courage makes a majority. – Andrew Jackson

*** Current News ***

Political blocs agree on holding a comprehensive session of parliament this week

Roudao – Erbil – Ended meeting of heads of political blocs and committees for security and finance two cases, on Sunday, headed by Parliament Speaker Salim al – Jubouri.

The conferees issued a statement saying, calling for “political forces decisively position within a short period and participation session of parliament in favor of the disabled people’s issues for some time.”

The meeting agreed to hold a comprehensive meeting of the House of Representatives this week, it was also decided to form a committee of the political blocs of understanding with the parties that refused to attend parliament sessions and dialogue with them to reach a unified and harmonious vision conducive to holding a unified and comprehensive session.

The statement added, is during this session to extend the legislative term, given the state of the country and to initiate the implementation of comprehensive reforms and to pay particular attention to accomplish the basic legislation.

The statement called, parliamentary committees to resume their daily work, particularly “committees, defense and financial security and the economy” and Bhoudo Executive relevant authorities, and accelerate to take the executive and legislative actions that contribute to overcome the current economic and financial crisis and questioning the security chiefs or military, for negligence in the recent security breaches.

Read More: http://www.dinarupdates.com/showthread.php?34452-Political-blocs-agree-on-holding-a-comprehensive-session-of-parliament-this-week-5-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

______________________________________________________________

A statement issued by the Presidency of the Council of Representatives

Given the state of the country of exceptional crises critical, is the security and financial conditions, etc., and the interest of the higher interests of the country and to ensure the achievement of full victory over the common enemy “Daash” In order to overcome the current parliamentary crisis, met the board of the Presidency of the Council of Representatives with the heads of political blocs on Sunday, in the presence committees of security and defense, finance and the economy has taken a number of recommendations including:

1. Concern for the democratic and political process of the project in the country through the early holding of a comprehensive meeting of the House of Representatives this week.

2. The formation of a committee of political forces to create and prepare the proper conditions for the meeting to meet various parliamentary parties and dialogue with them to reach a unified and harmonious vision conducive to holding a unified and comprehensive session.

3. During this meeting, the extension of the legislative term, given the state of the country and to initiate the implementation of comprehensive reforms and to pay particular attention to accomplish the basic legislation.

4. Invite parliamentary committees to resume their daily work, particularly “committees, defense and financial security and the economy” and Bhoudo Executive relevant authorities, and accelerate to take the executive and legislative actions that contribute to overcome the current economic and financial crisis and questioning the security chiefs or military, for negligence in the recent security breaches.

5. Require all political forces decisively position within a short period and participation session of parliament in favor of the disabled people’s issues for some time.

6. The participants stressed that every member of the House members bear a historic responsibility to save the country from deterioration, and that the constitutional and legal duties to the fullest, and that goes on in the presence of the upcoming session, Iraq is going through a critical juncture threatens the security and stability of all aspects of the joints of the country, it is necessary to initiate urgent every what serves the interests of the people and accelerate the implementation of the desired reforms of the cabinet reshuffle and the sacking of corrupt and accounting.

7. The participants confirmed that the blood of the martyrs and the mixing is the unity of Iraqis title which is why we have to take responsibility and our presence in the parliament is the only place the crossing of democracy and sense the foundation for understanding and unite and leave the conflicts and avoids the imposition of conditions and dictations for the advancement of the real demands of the people.

Read More: http://www.dinarupdates.com/showthread.php?34452-Political-blocs-agree-on-holding-a-comprehensive-session-of-parliament-this-week-5-15

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Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Tuesday evening 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Millionday (Dinar Guru) –   Article quotes:  “Finance Minister Hoshyar Zebari arrived on Saturday, the Jordanian capital, Amman, on top of a large government delegation that included the governor of the central bank and adviser Economic Prime Minister and senior ministries of oil and electricity, planning officials and BSA as well as public bodies for Customs, taxes and retirement, experts and the Ministry of Finance and the World Bank Central.” “to resume negotiations with the International Monetary Fund to seal the Stand -By agreement…”   THIS IS A FORMAL MEETING WITH IRAQ AND THE IMF… INTERNATIONAL MONETARY FUND.   NOTE == TO SEAL THE AGREEMENT. [post 1 of 2….stay tuned]

Read More: http://www.dinarupdates.com/observer/
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The resumption of negotiations between Baghdad and the International Monetary to secure financial support for Iraq

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Millionday (Dinar Guru) –   THIS IS TO ENSURE THE CREDIT RATING FOR INVESTORS AND ALSO THE MOVE TO ACTIVATE THE STANDBY AGREEMENT AND MAKE IT REALITY.  THIS IS A HURRIED EVENT TO MOVE FORWARD WITH NOT ONLY THE ECONOMIC REFORM BUT ALSO TRADE == HENCE THE CUSTOMS AND TARIFF...IT LOOKS TO ME AS THOUGH THEY ARE MOVING FORWARD WITH THE ECONOMIC REFORM AND…OPENING THE BORDERS FOR INVESTORS == DOES THIS MEAN TODAY? WE DONT KNOW… BUT THIS IS HUGE HUGE HUGE.   [post 2 of 2]

Read More: http://www.dinarupdates.com/observer/
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Abadi: The government has planned a strategy to face the economic challenge

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rcookie (Dinar Guru) –  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.

Read More: http://www.dinarupdates.com/observer/
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Abadi office: the presence of agents of the meetings of the Council of Ministers is not for the purposes of voting and quorum

It attributed the Information Office of the Prime Minister Haider al-Abadi, Sunday, the presence of deputy ministers to cabinet meetings to “draw on their opinions” about the topics on the agenda, denying that for the purposes of the vote or quorum.

Read More: http://www.dinarupdates.com/showthread.php?34460-Abadi-presence-of-agents-of-meetings-of-CoM-not-for-quorum-or-vote-purpose

rcookie: ABADI ASSERTS COM MEETING FOR DISCUSSION OF AGENDA TOPICS…NOT FOR QUORUM OR VOTING…

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

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RCookie: HERE IS NEWS RECAP FOR TODAY (Sun 5/16)….

IN PARLIAMENT – COUNCIL OF REPRESENTATIVE PRESIDENT MEETS WITH BLOC HEADS & PARLIAMENT COMMITTEES DISCUSS RECENT BOMBINGS……JUBOURI MEETS WITH ECONOMIC COMMITTEE DISCUSS REDUCING BUDGET MECHANISMS…NERCHIRVAN DIRECTS KURDISH DELEGATION RETURN TO BAGHDAD…POLITICAL BLOCS AGREE ON HOLDING COMPREHENSIVE PARLIAMENT SESSION THIS TUESDAY 17TH AND RELEASE STATEMENT WITH 7 RECOMMENDATIONS…FULL QUORUM PARLIAMENT SESSION TUESDAY WITH KURD ATTENDANCE BUT REFORM PARTY NOT ATTENDING PER HILALI…ABADI ATTENDS DAWA PARTY MEETING TO DISCUSS RETURN TO PARLIAMENT…ABADI ASSERTS CoM SESSION FOR AGENDA TOPIC DISCUSSION NOT QUORUM OR VOTING…MASSOUD MEETS WITH MAHMOUD DISCUSS PARLIAMENT AND STATEMENT TO PAY CLOSE ATTENTION TO THIS ISSUE AND EVERY EFFORT FOR FEDERAL COURT TO DECIDE QUICKLY WITH COMPLETE & OBJECTIVE NEUTRALITY PARAMOUNT…

KERRY MEETS WITH KING SALMAN IN SAUDI ARABIA ABOUT SYRIA B& LIBYAN CRISIS…NEW AGREEMENT BETWEEN IRAN & IRAQ TO IMPORT GAS…PYD SEES NO REASON TO KEEP SYKES PICOT AGREEMENT… MALIKI ACCUSES ABADI OF TEARING SHIITE AND NATIONAL ALLIANCE…KUWAIT INVITES IRAN & OIL PRODUCERS TO FREEZE PRODUCTION…JAFAARI & MASSOUD MEET SEPARATELY WITH UN KUBIS DISCUSS SECURITY AND DISPLACED CRISIS & ISF & PESHMERGA SUCCESS…ABADI & MASSOUD MEET DISCUSS 3 FILES.. .UNIFIED PARLIAMENT SESSION..SECURITY ISIS…BAGHDAD BOMBINGS…ABADI OFFICE CALLS ON POLITICAL FORCES PROVIDE ATMOSPHERE FOR RETURN OF PARLIAMENT…TRADE BANK OF IRAQ WINS 2016 INT’L UNION OF ARAB BANKING ACHIEVEMENT OF EXCELLENCE AWARD…AUCTIONS START WEEK AT $126 MILLION…

IMPORTANCE OF INVOLVING PRIVATE SECTOR IN GREATER ECONOMIC POLICY DECISION MAKING ROLE AND MARKET LEADER…DRIVING IRAQI BUSINESS & INVESTMENT ENVIRONMENT IMPROVEMENT…AND ATTRACTING FOREIGN CAPITAL AS WELL AS PUBLIC & PRIVATE SECTOR PARTNERSHIPS….

URGED TO SUPPORT NEW LEGISLATIVE ENVIRONMENT ON REFERENCE TERMS OF ARTICLE 25 OF CONSTITUTION…WITH STRATEGIES & LAWS OF ECONOMIC REFORM AND PRIVATE SECTOR DEVELOPMENT…TO ASSURE ITS ACTIVATION AND LEADERSHIP OF IRAQ’S MARKET IN THE FUTURE…SPEED IMPORTANCE OF PERPETUATING & ACTIVATING PARTNERSHIP & DIALOGUE AND COOPERATION BETWEEN PRIVATE SECTOR & GOV’T TO CONTRIBUTE TO DEVELOPING POLICIES…MECHANISMS & STRATEGIES IMPLEMENTATION AND FOLLOW UP….THIS WILL PROMOTE ADDITIONAL NON-OIL REVENUES TO GDP & BUDGET WHILST PROMOTING MICRO..SMALL..MEDIUM AND LARGE ENTERPRISE AND SUSTAINABLE ECONOMIC DEVELOPMENT….

PRIVATE SECTOR WILL DRIVE CENTRAL INFRASTRUCTURE IN AGRICULTURE…INDUSTRY…COMMERCE…TOURISM…MINERALS…ENERGY & UTILITIES AND ACTIVATE ROLE OF PRIVATE BANKS WITH SOFT LOANS TO PRIVATE SECTOR…INCREASED TAX REVENUES WITH COOPERATION & COORDINATION WITH MINISTRIES OF FINANCIAL INSTITUTIONS…THAT BUILD AN ACCURATE & TRANSPARENT DATA REPORT CREATION AND SUBMISSION…..AGAIN TALKED ABOUT QUALITY PRODUCT STANDARDS AND SPECIALIZED HUMAN RESOURCE TRAINING TOWARD PRIVATE SECTOR…

THIS IS ALMOST AS IF THE IMF WAS HOLDING THE MOVING PEN…AS THIS WAS BEING WRITTEN…..TO THE LETTER!!!….

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.16.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-12-16

Currency Auctions Announcement No. 3197

This daily currency auction was held in the Central Bank of Iraq on the 05-12-2016

The results were as follows:

More: http://dinarupdates.com/observer/
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If ever there was a holy war, it was that which saved our liberties and gave us independence. – Thomas Jefferson

*** Current News ***

rcookie – SO…TURKI …CHAIRMAN OF THE IRAQ FUND FOR RECONSTRUCTION…MET FOR 3 DAYS WITH WORLS BANK PRESIDENT FRED BELHADJ IN LEBANON…TO DISCUSS EXPANDING THE RECONSTRUCTION COVERAGE OF AFFECTED AREAS TO INCLUDE RECENTLY LIBERATED AREAS…..AND POSSIBILITY OF EXPANDING THE AMOUNT OF THE LOANS….PROJECT DETAILS…AND COORDINATION WITH ENTIRE WORLD BANK TEAM….WITH 4 COMMITTEES FOR FOLLOW UP STUDY PLANS TO BE DISCUSSED THIS WEEK (18TH) IN JORDAN…..FOR PROJECT BIDS SUBMITTED TO PREPARATORY COMMITTEE…..

A government delegation arrives in Amman and meet with International Monetary Fund

Iraqi government delegation headed by Finance Minister Hoshyar Zebari arrived here Saturday for the capital of Amman , Jordan , to resume negotiations with the International Monetary Fund to secure the country , which is suffering from an economic crisis caused by falling oil prices in global markets financial support.

The delegation headed by Zebari , both the Governor of the Central Bank Economic Adviser to the President Council of Ministers and senior ministries of oil and electricity, planning and BSA officials as well as public bodies of Customs, taxes and retirement, experts and the Ministry of Finance and the Central Bank, according to a statement issued by the Ministry of Finance.

according to the statement , which responded to the twilight News, said that this visit comes to resume negotiations with the international Monetary Fund in order to Abram prepare the credit agreement , which will provide Iraq with financial support to enable it to overcome the financial crisis and reduce the gap in the budget so as to enhance economic and financial system of the country ‘s reform process.

the statement added that the first session was held this morning with the experts of the Fund, adding that he was reviewing the technical aspects of the agreement and opposite obligations of both sides.

The statement continued that the negotiations will continue until the date of May 18, 2016, explaining that he hoped that the termination of these arrangements during this period.

LINK

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

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Looking government delegation in Amman with the IMF to obtain a credit rating for Iraq

Economy News / Continue … Finance Minister Hoshyar Zebari arrived on Saturday, the Jordanian capital, Amman, on top of a large government delegation that included the governor of the central bank and adviser Economic Prime Minister and senior ministries of oil and electricity, planning officials and BSA as well as public bodies for Customs, taxes and retirement, experts and the Ministry of Finance and the Central Bank.

A statement by the Ministry of Finance, “Economy News” received a copy of it, said the visit “to resume negotiations with the International Monetary Fund to seal the Stand-By agreement, which will provide Iraq with financial support to enable it to overcome the financial crisis and reduce the gap in the budget so as to enhance the process of economic and financial system reform in the country. ”

“The first session was held this morning with the IMF experts were reviewing the technical aspects of the agreement and the obligations of the two sides opposite.”

The statement pointed out that “the negotiations will continue until Wednesday, and it is hoped that the termination of these arrangements during this period.”

The International Monetary Fund has told Iraq the need to edit the budget for fiscal 2016 bill to be reduced in order to hopefully disbursement of the loan over the next few days.

Read More: http://www.dinarupdates.com/showthread.php?34421-Looking-government-delegation-in-Amman-with-the-IMF-to-obtain-a-credit-rating-for-Ira&p=152129#post152129

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Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Sunday evening 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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rcookie (Dinar Guru) –    Article: “Presidency of the Council of Representatives calling for a special meeting on Sunday”  NEWS IS LOOKING POSITIVE…TOWARD GETTING PARLIAMENT BACK WORKING…JABOURI IS CALLING POLITICAL BLOC HEADS FOR SPECIAL MEETING ON SUNDAY…WITH SECURITY BEING DRIVING ISSUE…AND THEY ARE EXPECTING AT LEAST 1 OF THE NOW 6 APPEAL CASES BEING HEARD IN FRONT OF FEDERAL COURT ON SUNDAY AS WELL...BARZANI STATES “I FIND IT NECESSARY TO RETURN TO HOR IRAQI PARLIAMENT“…BE PART OF IRAQ…NOT BE CUT OFF FROM POLITICAL PROCESS…ENCOURAGING! …REMEMBER THE IMF MEETING NEXT WEEK IS A BACKDROP…JUST HANGING OVER EVERYONES HEAD…WHICH IS WHY THIS IS HAPPENING… ZEBARI AND JONES (WHO IS STILL ACTING IN CAPACITY AS AMBASSADOR) …MEETING IN PREPARATION FOR IMF NEGOTIATIONS NEXT WEEK IN JORDAN.
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U.S. official: ISIS declares state of emergency in self-declared capital

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BGG (Dinar Guru) –   Article:   “Hilali: Federal Court will decide the legitimacy of Sunday’s vote on the ministerial meeting of cabin”  LET ME BE CLEAR…the Iraq Parliament HAS NOT VOTED on the full, NEW, TECHNOCRAT CABINET…there have been ONLY 6 approved and voted on… in fact, even these six are being contested by the “sitters” in Parliament and this case is reportedly being heard on Sunday.  (according to NEWS REPORTS) … The full Technocrat cabinet that Abadi wants – HAS NOT BEEN VOTED ON. Will it – soon… probably. NOT YET.  Will all these things happen… IMHO – probably… and it’s coming. It’s NOT DONE!!

Read More: http://www.dinarupdates.com/observer/
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Zebari heads a large economic delegation to Amman to negotiate to overcome the financial crisis

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tlm724 (Dinar Guru) –  Article:  “The board chairman of the parliament calling for a special meeting to discuss the security situation next Sunday”  Quote:  “the IMF has told Iraq the need to edit the budget law to be reduced in order to hopefully disbursement of the loan during the coming period, and because the government treasury is unable to pay the salaries and benefits of the people without access to this loan it has become necessary to take legislative action legal and necessary for this matter.”   they have to fix their differences and correct their path IF they want the money, period!

Read More: http://www.dinarupdates.com/observer/
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An emergency meeting of the three presidencies and the leaders of the political blocs on Sunday

/ balances News /, the three presidencies will hold an emergency meeting on Sunday to break the decision was aimed at resolving the political crisis and the resumption of Parliament to hold its meetings.

And it made three presidencies invitations to the leaders of political blocs in order to attend the consultation and agreement on matters relating to the political process in the current period.

He said a senior political source / balances News /, that “three presidencies will be holding a comprehensive emergency parliament session attended by all the political blocs to agree on a stroll things political process and not disabled because the challenges are greater and because Iraq is passing through a critical Bdharv.”

The source added, “The things that security and economic related to the stability of the political situation in the country, notably the World Bank Iraq will not give the allocated loan in the case of the survival of the political situation on what he and instability will forward without granting Iraq the loans”

Read More: http://www.dinarupdates.com/showthread.php?34434-An-emergency-meeting-of-three-presidencies-and-the-leaders-of-political-blocc-Sunday
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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

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Parliamentary economy: IMF loans conditional on Administrative and fiscal reforms

Special – The parliamentary economy Committee member confirmed Najib, a brilliant Thursday that IMF loans conditional on Administrative and fiscal reforms.

Najib said l/balance “news/IMF loans will be given to Iraq within three years, a sign that” loans conditional on Administrative and fiscal reforms. ”
She added, “the reconstruction of the regions affected by terrorism from the priorities of these loans.”

It is said that economy and Investment Committee member Magda Tamimi revealed, earlier, about Iraq’s debt exceeded over $ 73 billion dollars in debt that includes all the Arabic countries and foreign debts.

Read More: http://www.dinarupdates.com/showthread.php?34388-Parliamentary-economy-IMF-loans-conditional-on-Administrative-and-fiscal-reforms

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.14.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 05-12-16

Currency Auctions Announcement No. 3197

This daily currency auction was held in the Central Bank of Iraq on the 05-12-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

If ever there was a holy war, it was that which saved our liberties and gave us independence. – Thomas Jefferson

*** Current News ***

Infallible and Ameri discuss political crisis

BAGHDAD / News Network:  Iraq Search President Fuad Masum , with the Secretary General of the Badr Organization , Hadi al – Amiri developments in the security and political situation in the country and ways to address the current political crisis in order to ensure a focus on reforms files and eliminate Alvesad.ozkr a presidential statement today: the infallible met in Baghdad late today Ameri, “and discussed with him the developments in the security and political situation in the country and ways to address the current political crisis in order to ensure a focus on reforms files and the elimination of corruption as well as defeat completely terrorism” , adding that ” the two sides as new during the meeting reaffirmed the importance of the return of the House of Representatives soon to resume meetings for the exercise of its legislative and oversight constitutional prelude to complete the reforms process and address the economic, financial and security problems suffered by Iraqis and to strive for the development of all state institutions ” , stressing infallible and Ameri according to the statement” the need to avoid differences and emergency problems on the level of security and to address the terrorist bombings and the hunt for terrorists and their cells all over the country. ”

Read More: http://www.dinarupdates.com/showthread.php?34391-Infallible-and-Ameri-discuss-political-crisis-5-13

BGG ~ Why are there two sides in the fight against terrorism and corruption… (Ameri was one of the “named corrupt”)?? He does not look happy here. He gets to jerking Massoum around – he won’t like what the PoR comes up with next…

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 5/12 – @ 7:30pm CST

  Smart phone user link – Click here

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EU binds its aid to Iraq to achieve national reconciliation

Baghdad: The European Union’s ambassador in Iraq called on Iraqi political leaders to listen to the people, messages, warning of the economic problems caused by internal political crises. He said that «to provide aid to Iraq requires the existence of national reconciliation.»

Patricks Simonet said in a press conference in Baghdad that «political problems create economic problems. Combating Daash cost too much, and the problem of the displaced have increased the cost.

This as well as the price of oil in the concession. We have, then, all of these factors combined, thus weakening the potential for reconstruction and the establishment of other projects ».

He says: «We signed a cooperation agreement in 2011, and a partnership between Iraq and the EU, and through it there will be more cooperation between us. This will be if there were a national reconciliation and political reforms », adding:« We have a lot of overall placements and programs on development ».

And the current parliament crisis, he pointed out that «the authorities to provide full protection for parliamentarians in order to feel safe while they in their parliament», and the «politicians and party leaders to listen to the people, messages and demands for reform and find solutions to the problems of the people solutions».

Simonet stressed that «the EU does not interfere in the internal political affairs of Iraq .. and we do not give solutions, but listen to the solutions. When we feel good we support. »

He said EU Ambassador to Europe’s experience in reconciliation, saying: «in Europe – after the two world wars and a lot of divisions and 28 were non-democratic state and have problems – we made sure that when a country that wishes to evolve For citizens that reconciled. We could not reconstruction of Europe again only through reconciliation and leaving aside differences. And confirmed that the role of an effective civil society organizations in this process and also the role of the countries in the region, and by supporting this process and to encourage them. »

He addressed the media and opinion issues, pointing out that «a lot of media problems were in Spain, France and Greece. But when there is trust between the political representatives problems can not determine freedom of expression, especially when it is peaceful, because freedom of expression in the street must be peaceful and must not contain hate. Also there must be a balance between freedom of expression and responsibility «, and that« this is when you have a strong legislation ».
He called on the CMC and the Iraqi Media Network to work «efficiently», adding that «this is what we are trying to do in the establishment of a free and responsible media».

The European Union mission in Iraq, efforts to achieve progress and reforms in Iraq in the various political, economic and security fields, also provide various kinds of support to the Iraqi government.

Read More: http://www.dinarupdates.com/showthread.php?34381-EU-binds-its-aid-to-Iraq-to-achieve-national-reconciliation-5-12

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss  “NEWS TIME” in the DU CHAT ROOM – Saturday evening 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

rcookie (Dinar Guru) –    Article: “Presidency of the Council of Representatives calling for a special meeting on Sunday”  NEWS IS LOOKING POSITIVE…TOWARD GETTING PARLIAMENT BACK WORKING…JABOURI IS CALLING POLITICAL BLOC HEADS FOR SPECIAL MEETING ON SUNDAY…WITH SECURITY BEING DRIVING ISSUE…AND THEY ARE EXPECTING AT LEAST 1 OF THE NOW 6 APPEAL CASES BEING HEARD IN FRONT OF FEDERAL COURT ON SUNDAY AS WELL...BARZANI STATES “I FIND IT NECESSARY TO RETURN TO HOR IRAQI PARLIAMENT“…BE PART OF IRAQ…NOT BE CUT OFF FROM POLITICAL PROCESS…ENCOURAGING! …REMEMBER THE IMF MEETING NEXT WEEK IS A BACKDROP…JUST HANGING OVER EVERYONES HEAD…WHICH IS WHY THIS IS HAPPENING… ZEBARI AND JONES (WHO IS STILL ACTING IN CAPACITY AS AMBASSADOR) …MEETING IN PREPARATION FOR IMF NEGOTIATIONS NEXT WEEK IN JORDAN.
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The House of Representatives calling for political blocs and committees to hold a meeting Sunday to resolve the economic and security files

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BGG (Dinar Guru) –   Article:   “Hilali: Federal Court will decide the legitimacy of Sunday’s vote on the ministerial meeting of cabin”  LET ME BE CLEAR…the Iraq Parliament HAS NOT VOTED on the full, NEW, TECHNOCRAT CABINET…there have been ONLY 6 approved and voted on… in fact, even these six are being contested by the “sitters” in Parliament and this case is reportedly being heard on Sunday.  (according to NEWS REPORTS) … The full Technocrat cabinet that Abadi wants – HAS NOT BEEN VOTED ON. Will it – soon… probably. NOT YET.  Will all these things happen… IMHO – probably… and it’s coming. It’s NOT DONE!!

Read More: http://www.dinarupdates.com/observer/
______________________________________________________________

Kurds , speaking on condition put forward the outstanding issues before returning to parliament

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tlm724 (Dinar Guru) –  Article:  “The board chairman of the parliament calling for a special meeting to discuss the security situation next Sunday”  Quote:  “the IMF has told Iraq the need to edit the budget law to be reduced in order to hopefully disbursement of the loan during the coming period, and because the government treasury is unable to pay the salaries and benefits of the people without access to this loan it has become necessary to take legislative action legal and necessary for this matter.”   they have to fix their differences and correct their path IF they want the money, period!

Read More: http://www.dinarupdates.com/observer/
______________________________________________________________

Parliamentary economy: IMF loans conditional on Administrative and fiscal reforms

Special – The parliamentary economy Committee member confirmed Najib, a brilliant Thursday that IMF loans conditional on Administrative and fiscal reforms.

Najib said l/balance “news/IMF loans will be given to Iraq within three years, a sign that” loans conditional on Administrative and fiscal reforms. ”
She added, “the reconstruction of the regions affected by terrorism from the priorities of these loans.”

It is said that economy and Investment Committee member Magda Tamimi revealed, earlier, about Iraq’s debt exceeded over $ 73 billion dollars in debt that includes all the Arabic countries and foreign debts.

Read More: http://www.dinarupdates.com/showthread.php?34388-Parliamentary-economy-IMF-loans-conditional-on-Administrative-and-fiscal-reforms
______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

______________________________________________________________

Learn the names of MPs and ministers who have made ​​”six appeals” to the Federal Court over the last two sessions of parliament

BAGHDAD / tomorrow Press: Informed sources revealed, for “tomorrow Press” name the MPs and ministers who have, on Thursday, appeals before the Federal Court, on the last two sessions of the House of Representatives, meetings, in the month of April.
The sources, who asked not to be named, said that who have made appeals six are all of the “Mohammed Shia ‘Al Sudani, Minister of Labour (article), Adila Hammoud, Minister of Health (article), Front reform (40 deputies stabbing one), Hanan al, high Nassif, Adnan al-Janabi. ”

And it announced that the Federal Supreme Court, received Thursday afternoon 0.6 lawsuits to challenge the constitutionality of the two sessions of the House of Representatives sessions held in the month of April.

The judge said Abdul Sattar Bayrakdar spokesman for the federal judiciary, for “tomorrow Press”, “The Supreme Federal Court on Thursday received 0.3 claims made by the House of Representatives was unconstitutional sessions.”

Bayraktar said that “the court has also received today three other claims submitted, the sacked minister to appeal the decision of a pink slip for the unconstitutionality of the meeting, which has impeachment them,” pointing out that “the court has not received any suit concerning the same subject before this date (Thursday).”

Read More: http://www.dinarupdates.com/showthread.php?34357-Learn-names-MPs-amp-ministers-who-have-made-%26%238203%3B%26%238203%3B-quot-6-appeals-quot-Federal-Court-last-2-session

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 05.13.2015

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com