A report concerning an Iraqi minister on television - pointing to stacks of USD and dinar - while saying that very soon these two stacks of money will be equal in value - can not seem to be verified by anyone.
I deleted the post.
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A report concerning an Iraqi minister on television - pointing to stacks of USD and dinar - while saying that very soon these two stacks of money will be equal in value - can not seem to be verified by anyone.
I deleted the post.
د. حسين جواد كاظمD. Hussein Jawad Kadhim
من المتطلبات الاساسية لعملية اصلاح الاقتصاد العراقي هي تنويع هيكل الاقتصاد الوطني، اي بمعنى آخر التخلص من الصفة الريعية للاقتصاد المحلي والمتمثلة باعتماده على القطاع النفطي. وكما تشير تقارير وزارة التخطيط والتعاون الانمائي فان الجزء الاكبر مما يتوفر في موازنة الدولة الاستثمارية للسنوات القادمة مضافاً اليها المنح والمساعدات
The world will be in the rehabilitation of infrastructure, such as electricity, water and sanitation, telecommunications, irrigation systems and drainage region, as well as health and education services. Based on that highlights the need to move towards inviting foreign capital to invest in Iraq and to contribute to the advancement of economic advancement.
Iraq possesses the proper legislative framework, which allows for the establishment and registration of foreign companies and the Iraqi joint under the Investment Law No. 39 of 2003 as a body for the promotion of foreign investment in July 2005 on the basis of (the principle of one window).
And generally can be identified legal frameworks that have been taken towards the activation and attraction of foreign investments to Iraq the following :
1 procedures allowing foreign ownership of 100% in all sectors except natural resources (ie oil).
2 ـ .Two direct ownership and joint ventures.
3 ـ Treatment of foreign companies on an equal footing with local firms.
4 level and the tax was imposed companies income tax rate of 15% maximum. As of the first of / January 2004 which is low compared to the previous resolution of this (40%).
5 In the area of customs tariff was to impose a fee on behalf of (a reconstruction) or (5%) was amended to (10%) for all imports except for humanitarian goods.
However, though these features important to the investment decision, it is not the only factor behind decisions on capital flows. Since the issue of attracting foreign investment into the country requires the availability of the institutional infrastructure and ease the administrative procedures and operational, and financial transactions tax and a sophisticated banking system that meets the requirements of investors and operate according to the market mechanism, and that most of these things are currently unavailable in the Iraqi economy, especially with the absence of political stability which is the final arbiter of investment decision.
Thus, the flow of foreign investments into Iraq required (assuming achieve security and stability) outstanding efforts at the level of transition elements in the financial sector as well as the level of public financial arrangements as well as the reform of monetary policy, exchange rate, and marketing efforts and to be distinguished foreign investment legislation and policies of economic openness in general legalized controls and restrictions established by the state to regulate this process.
Translated version of http://www.alsabaah.com/
Irish Examiner> Breaking News> Sport
Out of Iraq Now
Business Day - News Worth Knowing
جريدة الصباح - مجلس النواب يصادق على عدد من مشاريع القوانين المهمة
جريدة الصباح - هل تفشل آلية توزيع المشتقات النفطية الجديدة ؟
جريدة الصباح - المناطق الآمنة من العراق بيئة استثمارية جاهــزة
جريدة الصباح - الاستثمار الأجنبي في العراق بين الأطر التشريعية و البيئة الاستثمارية
جريدة المدى - اعتباراً من الأول من آذار.. النفط: زيادة سعر اللتر الواحد من البنزين الى 400 دينار
1. Note : * The sale price of remittances dinars (1296) / $. Sale price * cash (1309) dinars / $. * Cash purchase price (1307) dinars / $. 2. The quantity sold, the amount of cash (18.560.000) dollars and the amount of remittances (85.680.000) dollars.
im saying early next week when they said it last week would mean this past sunday 21st. that is when they passed the laws that have been waiting for awhile. so it went to parliament end of last week to be attended to this week which they certainly did. :biggrin:
http://www.menafn.com/charting/USD_IQD_3M.png
1238
Been thinking about the 1260 / 1000
I'm thinking the CBI is going to target the 1260 slowly as they are doing now then hold at 1260 for a few months to flush out the weak and then pop a reval of 1000 around September-October then January 2008 throw a big reval.
JMO no source.
all a person needs to do is read the nes and they would not sell off any of thier dinar..:fryingpan
like theses ones:wink:
statement by the Minister of Finance <very important>, in terms of equality of the dinar dollar, pointing out <that it is pleasant to the hearts of Iraqis, who are looking to restore the strength of the Iraqi currency, as it was before the 1990s of the last century, he wondered whether the national economy in its current capable of the transition to equal dinar dollar>? Bono, however, has often including the Minister Zubaidi on the support and backing of the World Bank
Minister of Oil and Governor of the Central Bank we met with the IMF and in one of the meetings, suggested to the the governor's must strengthen the Iraqi dinar and to return dear generous as is the Iraq history and civilization, and at least if not the Iraqi dinar equivalent to about three dollars
For his part, Sinan Shabibi governor of the Iraqi Central Bank monetary policy established by the Central Bank to support the exchange rate of the dinar supports the investment budget was done in collaboration with the Ministry of Finance.
He pointed in his presentation to the policy of the Central Bank today to the House of Representatives to raise the exchange rate is the decision of the bank, to increase the confidence of citizens in Iraqi dinars and increase the acquiring of dinars in addition to making the dinar is a store of value which contributes to the withdrawal of inflation
lift the value of the Iraqi dinar, and return to normal»
restore the strength of the Iraqi currency, as it was before the 1990s
of gold the Iraqi topic the secretariat in Switzerland, whose value amounts to hundreds of billions of dollars, and here like to note the fact that that gold is to cover the the value of the Iraqi currency
CAN I GET A WOOOOOT!! :banana: :party: :banana: :party:
Woot!
That sounds great to me :ro_emote:
Bono? From U2? :cool:
Lift the value and return to normal, normal would be smaller notes.
When they mention hundreds of billions I believe they mean of all the gold the secretariat holds, not just Iraq's gold but the amount Iraq has in Switzerland will be used to back the dinar. 4 tons I believe.
المناقصة المرقمة (1/2007)
يدعو البنك المركزي العراقي وكلاء الشركات المدرجة ادناه في العراق والمسجلين لدى دائرة تسجيل الشركات في زارة التجارة حصرا لتجهيزه بمولدة حديثة مع كاتم صوت مزود بتبريد وتهوية وبحجم (1-1.25 ميكا واط ).
www.cbiraq.orq
Tender numbered (1 / 2007) calls on the Central Bank of Iraq and the agents of foreign companies listed below in Iraq and registered with the registration of companies in the Ministry of Commerce exclusively for processing birthday interview with the Voice of fullness fitted Ptbrid, ventilation and size (1-Mika 1.25 watts).