Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by CharmedPiper

Trade calls agents food ration for the receipt

(Voice of Iraq) - 12-28-2006
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The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
A press statement / Press Release
Thursday, 12-28-2006



The Ministry of Commerce invites the agents of food and supply rations to receive citizens
For the month of January / 2007


The Ministry of Trade and agents foodstuffs and flour in Baghdad and other governorates to review centers spare coupons for the receipt and processing quotas families ration for the month of January next / 2007.
According to a statement issued by the ministry said that the per capita quota of food and rations for the month in question as follows : -
Name article g kg Pal dinars
Mills 9
Rice 3
Sugar 2
Tea 200

Fat 250, 1
Oil or mass / L
Soap washrooms (125 grams) 2 format 200
Money powder 250
Pulses 250
Milk senior 250

The name of Article share child
Milk children weight (450) 4 grams packet
Soap washrooms weight (125) 2 grams mold
Money powder 250 g 250 dinars.
Food child weighed 400 grams 2 packet processing
If the article

The statement affirmed the continuation of the processing of families displaced in the provinces of Iraq vocabulary ration card in coordination with the Center on the Supply and sending detection Balaouwael equipped to general status for the purpose sent to the provinces where they were previously in order to download their share of ration.
The statement by the Ministry. That, in the case of the three materials processing (pulses, vegetable oil, powdered money) during the sessions of the previous months and months later, not processed during the January / 2007.

The statement identified the receipt of a citizen of twenty days from the date of the processing agent stressing the non-material processing only after validated for human consumption.

Great article Charmed. This is exactly why I'm following up on my Agriculture questions.

Gloribee

Called the main Chase branch here in Chicago to try and see if I could buy some dinar from them. 10 S. Dearborn in downtown, apparently the only Chase branch with a foriegn currency dept. They told me that they do not and will not deal with Iraqi dinars now or anytime in the future. The lady on the phone told me it is a "restricted currency", whatever that means.

Anyways, just thought I'd post what I heard. Looking to pickup 550k if anyone has any they want to dump let me know

Baath threatens to attack America and Iran in response to "the execution of Saddam"
المصدر: CNNSource : CNN
28 / 12 / 06 ."Everybody "Baath" Party, the Iraqi banned, and that was headed by former Iraqi President Saddam Hussein, dismissed the "fractured", if the current Iraqi government committed to the execution of Saddam, saying that it would be the United States of America for what he described as "the crime."
He threatened the party, which was banned after the invasion, in a statement published on the Internet, and the escalation of armed targeting American interests anywhere in the world, if the execution of Saddam Hussein.

According to the statement : "Once again our party warns of the results of the execution of Mr. President and his comrades. The Baath Party and resistance are determined to escalate, with all possible means and everywhere, to inflict harm on America and its interests, if it committed this crime. "

In a statement, the American administration responsible for any harm to Saddam Hussein that the United States was the "decision-making in Iraq, and not the Iraqi puppet government" in the recipe.

It also threatened the party, which includes many of the Iraqi Sunnites, targeting members of the current Iraqi government, as well as targeting Iranian interests, adding that Tehran was behind the Iraqi government, which is controlled by the Shiite parties.

By now we all know that Iraq is a disaster, a quagmire, the worst foreign policy mistake in US history. It's hopeless and doomed and destined only to get worse. Hell, Iraq isn't even a country anymore, it's just one big civil war with everyone fighting everyone else and bodies piling up in windrows too fast to even be buried. According to The Lancet so many people died in our first three years there that the entire country must have been excavated and turned into one mass grave. And now we've called in all the crusty old architects of past foreign policy failures to tell us how best to run away with our tail between our legs, because there is no hope and there are no other options.

Congress tells us it's a lost cause. The media just counts bodies and throws talking heads at us. Even President Bush is having a hard time talking about 'stay the course'. They're all agreed. Something is horribly wrong in Iraq. All the pundits say so, and how could such distinguished gentleman be confused or misleading us?

And then all the despair and concern and hand-wringing and recrimination runs smack into the brick wall of fact and we're left scratching our heads and not knowing who to really trust. Here are some facts from Iraq to put all of the media hype and political bluster in perspective:


• Iraq's oil production is likely to total more than $41 billion this year, which reflects both an increase in price and in production. Every month this year has shown an increase in production over the same month in 2005 for a projected average increase of 14.3%. If production continues to increase, it's likely that the Iraqi oil fields will be up to full production by the end of 2007. This leaves the government with an awful lot of money and they're scrabbling around to find ways to spend it effectively.

• One solution is to increase loyalty and reduce corruption among bureaucrats by giving them a substantial increase in pay starting in January. The overall payroll increase will be 60%, with raises allocated based on longevity and qualifications.

• Salaries in the private sector are also up, having increased more than 100% on average since 2003. Salaries in Iraq are about double the worldwide median salary, and comparable with nearby nations like Syria and Egypt. Unemployment remains high by western standards, but comparable with other states in the region and with the rate under the previous government at about 25%. Real unemployment is hard to gauge because so much business takes place off the books.

• The Iraqi Parliament is also discussing plans to redistribute oil income to the public. All of the details have not yet been worked out, but ultimately the result would be a distribution of more than $500 a year to every Iraqi adult, excluding convicted criminals and those already earning more than a million dinars a month. That's more than a third of the average yearly salary of working Iraqis.

• Business registrations are booming. More than 20,000 new businesses have been registered between April of 2003 and the end of 2005 and thousands more have been registered since then, including 286 in November. This is about three times the number registered between 1946 and 2003.

• The Iraqi dinar is strengthening. It is now at a high of 1360 to the dollar, an 8% increase in the past two months alone. This suggests higher consumer, investor, and business confidence, which is surprising in a country which is supposedly in the midst of a civil war.

• Iraq has a GDP growth rate of 13% for 2006, down from 17% for 2005. That's about four times the GDP growth rate of the United States, which has one of the strongest GDPs in the world.

• The Iraqi government has cut income taxes from 45% to 15% to stimulate the economy and because oil revenues have increased enough to cover expenses without a need for high taxation. With salaries low, a substantial tax cut will help working Iraqis and encourage consumer spending at all those new businesses.

• There's a sort of a real estate boom going on in Iraq in the most stable areas, where real estate prices have more than tripled in the past two years and construction and related industries are also doing well.

• There's such a demand for cars in Iraq that used cars are being brought in by convoy from neighboring countries and you're more likely to get stuck on the road because of a normal traffic jam than because of a bombing.
• As the many Iraqi bloggers demonstrate, Internet cafes are booming in Baghdad and all over the country, including in small towns where you'd never expect to see them. Another sign of vibrant economic activity.

• There are now over 7.1 million cellphones in use in Iraq, five times the number in use two years ago. Cell towers are everywhere, and service is cheap and reliable. Quite a change for a country where you could be executed for possessing a satellite phone five years ago. Iraqna, the leading cell phone company expects to make $520 milion in profits this year. How does this square with concerns about inadequate rebuilding of Iraq's infrastructure?
This all paints a very strange picture of Iraq. If we assume that the country is indeed operating with a high level of violence and chaos, it's really remarkable that the economy seems to be so strong at the same time. Does it make sense that Iraq can build new houses, import cars, and build cellphone towers and networks while bombs are going off and they have trouble keeping power supplied to their cities for more than eight hours a day?

Iraq has essentially become the modern equivalent of the Wild West, where danger and opportunity walk hand in hand every day. People who are willing to take the risks and spend a third of their company budget on security can make a lot of money, and the people of Iraq are working hard despite hardships and making a living by taking advantage of the opportunities created by rapid change. For the most part it is not the United States or the Iraqi government which are driving economic growth in Iraq. Most of the growth is homegrown and in direct response to the failures of those governments. People have had to take their welfare into their own hands.

A great example of this is the much-discussed failure to get the Iraqi power grid up and functioning at capacity. Power production has barely attained the levels Saddam had his power plants operating at before the war, and because distribution is now more balanced, areas like Baghdad actually have less power per day than they used to. The common complaint is that Saddam gave Baghdad 24 hours of power and the rest of the country had none, but now Baghdad has eight hours and everyone else has two hours and doesn't know what to do with it. Well, in some areas private enterprise has provided the solution. If the government can't get you power, then you generate your own. With gas at about 65 cents a gallon you can run a generator for a long time at relatively low cost, and entrepreneurs are setting up generators all over Baghdad and other cities to augment government-provided power for those willing to pay for it.

Seeing the success of private, neighborhood-based power generation, the Iraqi government has actually done something sensible and is purchasing generators to distribute to areas where power is unreliable so that they can generate power on a local basis rather than waiting for the infrastructure to catch up with their need.

The power situation is typical of how the successes in Iraq get misreported here in America. We hear about the underproduction of the government power plants, but no one bothers to explain that there are alternative sources of power or that demand for power is higher than ever before because people need it to keep their businesses running and their lights on because they have work to do and money to make, plus they are using more power than they did five years ago because now they have cell phones to charge and computers with which to access the Internet.

Yes, the violence and chaos in Iraq is horrible. No one should have to live under those conditions. But the point which many miss is that you can live under those conditions and you can do very well, because often reward is commensurate to risk, and violence can go hand in hand with the dynamic forces of change which create opportunity.

People can learn to live with a certain level of violence. Look at Israel or South Africa, which have highly functional societies despite high levels of violence from terrorism or crime. Honduras actually has more murders per capita than Iraq because of drug and gang related crime, but no one is talking about it being a 'disaster'. It's got a democratically elected government which is trying to deal with a lot of problems and people have learned to live with a certain level of violence and chaos. Not so different from Iraq.

Iraq is going through massive change and it has a lot of internal problems and faces external threats. It's a fragile and volatile situation, but it's not a lost cause. It's only a lost cause when the people there have given up, and it's abundantly clear from evidence on the economic front that the people of Iraq are working to build their future. If they believe in that future, maybe we should try to believe in it too.
Risk, Opportunity, and the Future of Iraq @ Blogcritics.org

The name of Article share child
Milk children weight (450) 4 grams packet
Soap washrooms weight (125) 2 grams mold
Money powder 250 g 250 dinars.
Food child weighed 400 grams 2 packet processing


They don't need a revalue, they just need some bleach....

ok, sorry, bad sense of humor.

Originally Posted by DanielJay

Called the main Chase branch here in Chicago to try and see if I could buy some dinar from them. 10 S. Dearborn in downtown, apparently the only Chase branch with a foriegn currency dept. They told me that they do not and will not deal with Iraqi dinars now or anytime in the future. The lady on the phone told me it is a "restricted currency", whatever that means.

Anyways, just thought I'd post what I heard. Looking to pickup 550k if anyone has any they want to dump let me know

People need to stop calling Chase banks. Go in to the branch. ALL CHASE BANKS BUY AND SELL

Originally Posted by H2O_Lover

too funny i was being a smart A** as i found your post very condensending to those who were reading and did not answer your request, but no worries i know my worth ..

im thinking your worth is well over a million dinars...

good to be back

Now, back to our regulat scheduled program... GGF... bite me.

Gloribee

Economic between the departure of the year 2006, receiving shining in 2007

Economic between the departure of the year 2006, receiving shining in 2007
The International did not produce any number of support programs expected
Hossam Alsamuk
In the midst of the tragic reality of the Iraqi arena, scarred, insists a team of observers of the events, and those who see things from a sharp angle, the fact that the worsening security situation in many of motivation, based on purely economic factors, but soon it Ibadronk the following question : what to do when facing the awakening of your children and your family members suffer from poverty and destitution? This pushed the crowds who headed a result of actions forced improvised loaded hundreds of thousands of Iraqis who found themselves without work, without resource, and without any guarantee or provide them with even a living, went about trends and practices may not find themselves in any Westerners, but they provide for themselves and their families livelihoods and networking.

During the promises that the case did not score only deteriorated, unemployment doubled, and the security situation worsened, and the economic situation has deteriorated more and more. Neither did it care services bore responsibility across multiple successive structures to the suffering citizens and worsening crises.

In spite of the expiration of most of the year 2006 without any procedures or policies can resolve problematic economic situation and held various ends of the General Andjt steps, or perhaps accompanied by serious ideas encouraging steps for a group of projects which appear to be serious reflected the realities on the ground, it is important Zealand, and continue to give the fruit.

Let us follow up workshops dealing economic situation, and what has been achieved already, and the modest reading of what can be achieved from the fruits of everyone looked forward to picking, and expected, but it would work for fueling itemized and results.

The International Covenant

It is a message that other in the way of waiting tender donor States after the continues to cite the security situation, a major limiting factor in the usefulness of launch its promises to which recognized in the Madrid Conference more than two years ago, and remained unwilling in symposiums and many conferences hosted Doha and Lisbon, Tokyo and Washington, even stopped Finally when entering the United Nations the guarantor of the requirements of the transparency of disposition Donorship allocated to the reconstructing Iraq, and with the prior acknowledgment to bear the the other party the consequences of to disown its pledges made but implemented only that the stage-as seems - had arrived at the advanced, can achieve what will restore the effectiveness of many of the productive and service projects, but what raises infuriated the anybody announced that the agencies concerned in implementing the International Covenant, transnational several press conferences to Dr. Barham Salih Deputy Prime Minister, official file Economic, did not touch on any figures monitored the or could be monitor to revive the new projects or direct the establishment of the other.

Budget 2007

Although forward the draft budget of the Council of Ministers to the House of Representatives, and posed budget of paramount importance learn many of the requirements of direct projects ambitious, a state of indifference on the part of a large group of deputies when (even if it asks a portion Mosque) busy Pmnasek pilgrimage, and ignoring the needs of their responsibility toward the people who are expected to rush to achieve reconciliation and alleviate suffering, so was (corner) budget proposed so that the House of Representatives to the wall of the pilgrimage season, due to lack of quorum.

And if we go to extrapolate the budget and its public soon stand on the specialties indeed encouraging for the development plan to explosive human beings by the organizers of delivery, while the adoption of 42 billion dollars for the minefields different, or the equivalent of twice the budget of Egypt, almost as the budget for the past year, 22 billion, and are well aware that the hearts of Egypt and even a territory three times the population of Iraq and the land area, while the budget Syria For comparison of 11.6 billion dollars. But what should follow up and insist on defining it, that the funds earmarked for various sectors of the provinces territories and for the reform of the electric power, and programs re-wheel production in the industrial and agricultural sectors, and even knew the project the National Housing, May will have actors who spend their dues to be able actually to launch the plan for the development of explosive or maneuver to give the desired results at the level of recovery of our economy and to achieve rates of real growth, with dreams of the framers of the budget to reach ten%! Especially if we recall that the ministries and several provinces would have to re-allocations last year because they did not succeed in spending on a variety of pretexts, including the pretext of the security situation Nevertheless, we - perhaps out of Almenakdh - we bring to the attention of the attention of the authors of the budget as concerned with fiscal policy of the country, and are awaiting the resources for the subsequent budget through the imposition of taxes on the use of mobile phone, car import, they did not remember that the tax, the use of mobile phone reflected on the consumer, who should complain of the high costs of mobile phone compared to dampen prices in the countries of the region, including neighboring countries. But they point out in passing what is known settling reconstruction of 5% on imports exempted entirely from taxes customs for the intervention of our markets and the disruption of agricultural and industrial production together, but with all of that continue to impose their taxes on industrial production idle due to a full exemption for imports, and point timidly to that - mere - raising the fee reconstruction from 5 to 10%, has not been implemented as appropriate including the resources of the season on imports As for the estimates of resources of the new budget for 2007.

Investment Law

What applies to other fields, it is also true to the law on investment while relied much on the Iraqis to achieve what is expected to address the deteriorating economic situation. As expected in a few days to determine negotiable names of the members of the Investment Authority, which is implementing investment projects assumed orientations.

At the time the parties sought specialized fueling orientations law through various seminars and meetings, there was a tendency for large Fate consideration by the appropriate organs of the projects to the Iraqi stalled for several reasons, including the financing problems or updating techniques, as those projects closer to the readiness and have to be a priority in restoring their ability to push the wheel of production.
While reliable of the other party concerned to achieve the requirements of the environment and ensure the success of investment projects, especially foreign investment, in the forefront the scene safe and the state of institutions capable of guaranteeing the rights of investors.
The national project for investment
That he bed of the other the assignee to balance the 2007 was earmarked billion dollars also announced to cover the campaign national, did not declare from itemized only that the instructions were issued from the Council of Ministers for the allocation of hundred thousand a plot of land distributed according to the program precedence of take into account the FAMILIES the martyrs and the disabled and other segments who should give the preference, while refer to the coverage eligible with loans each of the Housing Fund and the Real Estate Bank, But unless unannounced, the fate of the draft the Million housing units which announced two years ago, and initiated by the but did not much is only a modest part does not exceed tens of units in a number of governorates. No sobered stakeholders to launch the project and the ambitious national campaign would as well as the provision of adequate housing for the disadvantaged and to reduce the housing crisis suffocating bold-face to the problem of unemployment through its absorption of hundreds of thousands of batches unemployed.

Inflation

We have introduced to economic stagnation and stoppage of the production wheel and the chaos of of transactions a reality badly in the market were left fingerprints of took place in the rate of exchange of dinar high rates of inflation according to ratios (catastrophic) reached according to latest reports the Central Auditing Agency of prices to 77%, has called into session the Many Parties for the face of this great challenge iodized of the series of our crises continued economic, and it was therefore the round table organized by Foundation-reaching for Information and Culture and the arts, two months before and was attended by a gathering of the researchers in the various the fields to the financial, monetary and banking and revolted a set of contexts working to face the Ashkalija the list, and if some officials, in the Central Bank, who took part in the workshop which they admitted the results to the necessities of the adoption of firm policy of strengthening the rate of exchange of the Iraqi dinar, what had played a role in the Declaration of the Central Bank of Egypt his policy recent in the fields of the large increase in the benefits granted by the World on deposits, and adoption of a phased program in reducing the price of the dollar transnational the auction the daily primarily on the Hall the Central Bank of Egypt.

However, as previously values this action we conviction priority adopt monetary and fiscal policy, enhanced action backed by all the ministries concerned in the overall economic to reduce the excess liquidity in the market transactions related first and determine spending priorities in accordance with the procedures for a series of charts and programs able to coordinate the enticements spending away from rash actions and unilateral directions.

Translated version of http://www.uruklink.net/
Cheers!
DayDream