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  1. #301
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by rvalreadydang View Post
    News report
    أكدالنقديةHe said within the framework of monetary reforms
    بغداد ـ عالغالبيBaghdad Abbas Algalbi
    نفى د.Denied. .Sinan Shabibi governor of the Iraqi Central Bank here recently in the media and that the economic tightening monetary policy pursued by the Central Bank currently lest international pressure by the International Monetary Fund, saying that it had come within the framework of monetary reforms in the country.




    وقال.He said in an interview to "Assabah" that the policy of the Central Bank of Iraq adopted as a result of the hard conditions experienced by Alaghtassadaraghi for inflation, which causes uncontrolled Madara significant monetary impact of the economy in the value of money as well as the lack of purchasing power to predict what withdraw negatively on the estimates relating to the budget. خلال.He added : The Central Bank aims of this policy is to achieve stabilization in prices using monetary tools (the dinar rate of exchange against foreign currencies and higher interest rates) to reach the reasonable indicators of inflation, which has become a threat to the Iraqi economy and development. linking Shabibi success of this policy stability extent to which the consumer prices through the management of liquidity designed to influence through control of inflation.
    .Shabibi and praised the State's general budget for 2007 in terms of allocations and expenditure and the dimensions of development and investment at the same time warned of the economic imbalances that accompany a spending budget. (تحذير).(Shabibi this warning is based on the fact that any developmental activity crescendo resulting in higher inflation indices, it negatively affects ultimately conducive to economic development). .He called in the same context to the need for a mechanism to monitor the implementation details of the budget, particularly investment, confirming the importance of the commitment that the ceiling ministries financial allocation in the light of budget limitations. In the area of economic reforms called for the activation of other productive sectors and increase their growth rates to become more efficient to meet the demand of the public provided that do not lead to economic imbalance affirming support and encourage the Central Bank of Iraq in the sustainable economic development provided that do not lead to inflationary pressures and adversely affect development. الاي.The Shabibi the need for continued coordination in the implementation of fiscal and monetary policies to achieve economic stability and growth.
    Translated version of http://www.alsabaah.com/
    this is indicating that they have indeed reached the point at which they were required by the imf under its guidelines. i believe this means they got what money they had intended to pull from the economy out, got the i's dotted and t's crossed and its time to raise that rate!!

    and yet a couple articles past this they are indicating that he didnt say this and he is explaining that the imf's solution isnt working as they are still in a bind and have raised interest rates and the rate of the dinar and it isnt helping the purchasing power of the iraqi ppl.

    well, why cant both of these be right and the solution is REVALUE THE DINAR IMMEDIATELY SHABIBI!!!
    yes, ms positive is starting to get perturbed.
    Last edited by shotgunsusie; 21-03-2007 at 10:45 PM.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  2. #302
    Member buddy54's Avatar
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    Quote Originally Posted by Escalade View Post
    Come on GWB, Al-Maliki has to go!
    I got a bad feelings about this we are trying to help the country out and he does something like this not good

  3. #303
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by buddy54 View Post
    I got a bad feelings about this we are trying to help the country out and he does something like this not good
    i think the post about them using him as bait was a great idea and im not so sure that isnt the deal. i mean cmon, maliki isnt gonna mess up his cakewalk that easily.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  4. #304
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    Quote Originally Posted by Dinar Cha Ching View Post
    A controlled explosion that collapses a main highway, damages a building and wounds 12?!

    They will never cease to amaze me. Hey Shabibi just give me my money so I can move on and you guys can continue bumbling along.

    It was the Iraqi police that detonated the bomb....
    "The expert at the "Central", Majid Assuri, expected a remarkable improvement in the rate of the dinar, due to the low dollar exchange rate, over the next couple of months."

  5. #305
    Member buddy54's Avatar
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    Quote Originally Posted by shotgunsusie View Post
    i wanna know what the facking PLAN is!!!!

    so they are expecting this 'PLAN' to net positive results by at the earliest mid-may. what 'PLAN' do you suppose will be launched thats going to net positive results in that country but the one we are waitin on too????
    i don't think they know

  6. #306
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    Default Don't worry, Buddy,

    We've had a Catch and Release program since we arrived in country. As mentioned by many, they are all corrupt - they're politicians, after all; I don't know why we would expect more from them than we get from our own. The good news is, no matter which corrupt group of jerks is in charge, it's still in their best interest to contain the violence and increase economic activity.

  7. #307
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    Economic : the non-oil exports

    Economic window

    The retreat of Iraqi non-oil exports during the past decades the form of a negative relationship in the structure of the economy and a major imbalance requires accelerating reform and no longer pose any resources supportive of the public budget revenues therefore should be a serious study of the possibility of activating the situation and consider the possibility of the return of Iraq to compete with other nations.

    The background of strong competition and witnessed by the world and the state of various developed and the underdeveloped and the conflict rages, which witnessed the global market and in support of the balance of payments of countries is imperative for us to find formulas would think reform of this issue through the formation of an independent body not linked to the Ministry of control functions entrusted to non-oil exports and the development of programs and scientific plans formula find means new investment and re breakdown of non-oil exports which is characterized by Iraq, and have the ability to compete, especially those relating Alsmentih industries, petrochemicals, leather industry and others.

    The formation of a specialized body supervises and manages the following effectiveness of this task would restore Iraq to the competition with the neighboring countries that export to Iraq non-strategic goods that could contribute to the organization of supply is based on economic prejudice to the position of economic and Iraq will be an important factor to support the budget adopted According to the latest budget revenues on oil imports is the President and it was the sole supplier.

    Iraq is on the verge of a renaissance comprehensive economic. It is unreasonable to keep the situation of exports this level crumbling and the multiplicity of supervising this might lose the central and undermines efforts however .. I believe that the functions of the House of Representatives to contribute to the enrichment of this idea, expedite its inception in view of their importance, as did many of the States in this area

    Translated version of http://www.alsabaah.com/paper.php?source=akbar&mlf=interpage&sid=36228

    Cheers!
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  8. #308
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    Quote Originally Posted by shotgunsusie View Post
    this is indicating that they have indeed reached the point at which they were required by the imf under its guidelines. i believe this means they got what money they had intended to pull from the economy out, got the i's dotted and t's crossed and its time to raise that rate!!

    and yet a couple articles past this they are indicating that he didnt say this and he is explaining that the imf's solution isnt working as they are still in a bind and have raised interest rates and the rate of the dinar and it isnt helping the purchasing power of the iraqi ppl.

    well, why cant both of these be right and the solution is REVALUE THE DINAR IMMEDIATELY SHABIBI!!!
    yes, ms positive is starting to get perturbed.
    This is right! They are saying they have met all IMF requirements and to no avail! Now we need a RV to give our people purchasing power!

  9. #309
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    Quote Originally Posted by shotgunsusie View Post
    i think the post about them using him as bait was a great idea and im not so sure that isnt the deal. i mean cmon, maliki isnt gonna mess up his cakewalk that easily.
    maybe getting this man released is one of the hurdles to the HCL being passed??? Maybe given a week to make it happen???

  10. #310
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    Default Just curious

    Quote Originally Posted by screwball View Post
    This is right! They are saying they have met all IMF requirements and to no avail! Now we need a RV to give our people purchasing power!
    You said "our people", are you from Iraq or a descendant?
    Leann

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