This was probably posted yesterday but I just found it and wanted to make a comment on it. Please read the part I highlighted paying special attention to the word
AND
Finance Minister : seven billion value of government support for petroleum products during this year's budget
History : 31/01/2007
Source : New Sabah
Mr. Baqir Jabr counterpart, Minister of Finance that the government is continuing to support oil derivatives through the allocation of seven billion dollars to support oil products.
He pointed out that 2007 will be lifted Mizanihame support from the derivatives Alenaftyhama with regard to the application of a new salary stressed that the ministry decided to strike work under a new salary from this month, pointing to the allocation of amounts necessary.
In regard to the new policy pursued by the Central Bank of Iraq and to raise the value of the Iraqi dinar through the opening of the auction's daily buying and selling of foreign currencies minister explained that this policy aimed to
raise the value of the Iraqi dinar against other currencies, especially the dollar through a fixed exchange rate of exchange and the value of '1260' dinars to the dollar with a financial policy for the Iraqi dinar to normall, pointing out that the House did not approve a plan of implementation so far.
He added : that the government had allocated in the budget for the current year, three billion dollars to cover the costs of construction of new lines and maintenance of the filter with the current allocation of $ 300 million for the purchase of kerosene.
The Iraqi Oil Ministry had announced earlier in the termination of negotiations with foreign companies for the construction of three new division for refining crude oil in the cities of Sulaymaniyah and Karbala and Nasiriyah to the tune of three billion dollars to secure the domestic consumption of oil derivatives.
http://64.233.179.104/translate_c?hl...x%3Fid%3D11612
I found this use of the word
AND interesting.
Why didn't they say... raise the value of the Iraqi dinar against other currencies especially the dollar through a fixed exchange rate
of '1260 dinars??
How does the use of
AND change this sentence instead of using
OF? I'm seeing 2 "tools" being used here to return the dinar to normal....a fixed rate AND a financial policy. Please re-read this paragraph, several times if need be and see if you see this also. Seems to be that the 1260 rate will be used to reach a fixed rate once they use their financial policy that is written into the budget to return it to "normal". Meaning...$1.26 fixed? I just think there is more than meets the eye in this statement. Any thoughts?
Cheers!
DayDream