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

Originally Posted by www.xealthy.com

The Governor of the Central Bank OF Iraq held a press conference on Monday 26TH of Dec. at 1:00 O'clock PM. , addressing the announcement of the International Monetary Fund granting Iraq credit arrangements in the equivalent of USD 685 million within a stand by agreement , H.E. touched on the benefits Iraq will gain out of those arrangements and economic reforms , also tackling on the agreement with the creditors regarding commercial debt exchange and the write – off of some countries to a large proportion of their debts on Iraq .

H . E . referred to the most critical economic problems Iraq is facing which were left behind by the previous regime and how important the arrangements granted to Iraq are in building an overall stable economy achieving economic development that will facilitates the reintegration of Iraq with the international community .

The conference was attended by Senior Officials from the CBI and a number of audio visual media means with local and international newspaper reporters.

This statement is from last year.

Notice the date..... Monday, December 26th.... December 26th, 2006 was a Tuesday.

Others have seen this too and thought it was new.

The CBI should update their site more often

Originally Posted by kevinsw

Hi my dinar family and Happy New Year.

I was talking to a friend of mine that I got into the dinar thing and he looks at several forums. (not sure why though..lol)

He has told me that it is being said that the 10,000 dinar gift is being handed out and they are being told NOT to do anything with it until 1/4/2007.
Does anybody around here know anything about this or is it just a rumor?

I don't know the details but there was something about the GOI giving out 22 billion dinars to people who had filed claims that their property was taken. I think this was some form of compensation but this was not the 10,000 dinar gift.

Originally Posted by kevinsw

Hi my dinar family and Happy New Year.

I was talking to a friend of mine that I got into the dinar thing and he looks at several forums. (not sure why though..lol)

He has told me that it is being said that the 10,000 dinar gift is being handed out and they are being told NOT to do anything with it until 1/4/2007.
Does anybody around here know anything about this or is it just a rumor?

I think you may be talking about this post from the other place:

Can someone translate this? Looks like they have begun handing out the 10,000 dinar per capita?



Although they do not meet the level of the Iraqis and their appreciation. In spite of statements by officials Afterward timely grant Eideh Fitr of ten thousand dinars, or about six dollars per capita before the holidays, but the rate was contrary to these statements, it started direct purchasing the ensuing days after the holidays!

وبالرغم من ان المواطن رضي بهذا التقدير المتواضع لهذه العيدية، الا انها تحولت الى حالة من الاذلال والمعانات، فالمئات من المواطنين مازالوا يقفون على اعتاب المصارف بصورة مزرية متحملين البرد والمطر وساعات الانتظار الطويلة والحذر خوفاً من اختراق اي عمل ارهابي .. مما زاد من ارهاقهم وامتعاضهم مما يجري من آلية تتبعها هذه المصارف ودون ان يجدوا احداً من المسؤولين للتدخل وتسهيل صرف العشرة الاف هذه التي لا توازي جزءاً من معاناة المواطن التي يتحملها يومياً ابتدءً من انقطاع الماء وتحويل التيار الكهربائي الوطني الى اشارات مرورية ضوئية (ترفك لايت) وانتهاءً بالمفخخات والقتل والتهجير الذي اصبح كل منها ممارسات يومية تلازم حياة العراقيين!
Although the citizen satisfaction with this modest appreciation of this violated, but it turned into a situation of humiliation and suffering, Hundreds of citizens still stand on the threshold of assuming banks miserably cold and the rain and long hours of waiting and caution for fear of penetrating any terrorist act. This increased the pain and distress at what is happening to him, such as banks and without to find one of the officials to intervene and facilitate the payment of ten thousand, which did not match part of the suffering of the citizens borne by the daily ابتدء interruption of the water and convert the electrical current national signals to traffic lights (Trvk Light) and the end of Balmfajkhat, killing and displacement, which has become all the practices inherent in daily life of Iraqis!

وهذه العشرة الاف فلس (عفواً دينار) تم تخصيصها وفق تقديرات المسؤولين (لتخفيف الالم والرعب الذي يلاحق العراقيين في كل مكان.. حتى في منامهم!!) ومع ذلك قبل المواطن المسكين بها تحت مبدأ (احسن من الماكو) لكن عندما تفتقد هذه (العيدية قيمتها.. فأن المواطن سيفقد احترامه لها اضافة الى سخطه على من قررها عندما تتحول الى حالة تشعره (بالمهانة)!!
These ten thousand fils (Sorry dinars) had been allocated according to official estimates (for the relief of pain and terror that pursues Iraqis everywhere. Even in sleep!) However, before the citizen miserable under the principle (of the best FARC), but when it lacks this (violated value. The citizens lose respect, in addition to the indignation of the established when converted to the state communicating (humiliation).

فرفقاً سادتي المسؤولين بالمواطنين.. \يامن اتعبكم طول التأمل والتفكير في اتخاذ قرار صرفها.. رفقاً بهذا الشعب الذي اضيف لمعاناته طيلة الـ(35) عاماً الماضية معاناة مريرة اخرى بخطف الاطفال وتمزيق الاوصال و.. و.. والقائمة طويلة ولا تسعها الصفحة!!
Frafqa gentlemen responsible citizens. \ Atabkm along you think about the decision soon. This friendly people who add to the suffering for the past (35) years other bitter suffering of abducting children and tearing limbs and ... And ... The list is long and besides Page!

واللانصاف .. ان هذا الشعب الكريم، الطيب بأهله وارضه يستحق كل الثناء على صبره وهو يرى رقاب ابنائه تقطع ودمائهم تعبد الساحات والشوارع ومع ذلك .. متمالك لنفسه!
And Allansav. These people have a decent, good land and its place deserves all credit for his patience, believes the necks of her sons and their blood pave the squares and streets, however. Mtmalk for himself!

وحتى لا نخرج بعيداً عن موضوعنا.. نعود ونقول:
So as not to break away from the issue. Go back and say :

اننا على اعتاب حلول عيد الاضحى المبارك ومازال مئات المواطنين لم يتسلموا عيديتهم فهل عجز (الفطاحل) عن ايجاد الحلول لمثل هذه الامور البسيطة؟!
We are on the eve of the Eid Al-Adha holiday, hundreds of citizens still did not receive Aidithm Is deficit (Alvtahl) for finding solutions for such simple things?

ام ماذا.. يا.. سادة؟!
Or why. Oh. Sirs?

10,000 dinar handout? - Investor's Iraq Forum

Originally Posted by PlatanoKing

I think you may be talking about this post from the other place:

Can someone translate this? Looks like they have begun handing out the 10,000 dinar per capita?



Although they do not meet the level of the Iraqis and their appreciation. In spite of statements by officials Afterward timely grant Eideh Fitr of ten thousand dinars, or about six dollars per capita before the holidays, but the rate was contrary to these statements, it started direct purchasing the ensuing days after the holidays!

وبالرغم من ان المواطن رضي بهذا التقدير المتواضع لهذه العيدية، الا انها تحولت الى حالة من الاذلال والمعانات، فالمئات من المواطنين مازالوا يقفون على اعتاب المصارف بصورة مزرية متحملين البرد والمطر وساعات الانتظار الطويلة والحذر خوفاً من اختراق اي عمل ارهابي .. مما زاد من ارهاقهم وامتعاضهم مما يجري من آلية تتبعها هذه المصارف ودون ان يجدوا احداً من المسؤولين للتدخل وتسهيل صرف العشرة الاف هذه التي لا توازي جزءاً من معاناة المواطن التي يتحملها يومياً ابتدءً من انقطاع الماء وتحويل التيار الكهربائي الوطني الى اشارات مرورية ضوئية (ترفك لايت) وانتهاءً بالمفخخات والقتل والتهجير الذي اصبح كل منها ممارسات يومية تلازم حياة العراقيين!
Although the citizen satisfaction with this modest appreciation of this violated, but it turned into a situation of humiliation and suffering, Hundreds of citizens still stand on the threshold of assuming banks miserably cold and the rain and long hours of waiting and caution for fear of penetrating any terrorist act. This increased the pain and distress at what is happening to him, such as banks and without to find one of the officials to intervene and facilitate the payment of ten thousand, which did not match part of the suffering of the citizens borne by the daily ابتدء interruption of the water and convert the electrical current national signals to traffic lights (Trvk Light) and the end of Balmfajkhat, killing and displacement, which has become all the practices inherent in daily life of Iraqis!

وهذه العشرة الاف فلس (عفواً دينار) تم تخصيصها وفق تقديرات المسؤولين (لتخفيف الالم والرعب الذي يلاحق العراقيين في كل مكان.. حتى في منامهم!!) ومع ذلك قبل المواطن المسكين بها تحت مبدأ (احسن من الماكو) لكن عندما تفتقد هذه (العيدية قيمتها.. فأن المواطن سيفقد احترامه لها اضافة الى سخطه على من قررها عندما تتحول الى حالة تشعره (بالمهانة)!!
These ten thousand fils (Sorry dinars) had been allocated according to official estimates (for the relief of pain and terror that pursues Iraqis everywhere. Even in sleep!) However, before the citizen miserable under the principle (of the best FARC), but when it lacks this (violated value. The citizens lose respect, in addition to the indignation of the established when converted to the state communicating (humiliation).

فرفقاً سادتي المسؤولين بالمواطنين.. \يامن اتعبكم طول التأمل والتفكير في اتخاذ قرار صرفها.. رفقاً بهذا الشعب الذي اضيف لمعاناته طيلة الـ(35) عاماً الماضية معاناة مريرة اخرى بخطف الاطفال وتمزيق الاوصال و.. و.. والقائمة طويلة ولا تسعها الصفحة!!
Frafqa gentlemen responsible citizens. \ Atabkm along you think about the decision soon. This friendly people who add to the suffering for the past (35) years other bitter suffering of abducting children and tearing limbs and ... And ... The list is long and besides Page!

واللانصاف .. ان هذا الشعب الكريم، الطيب بأهله وارضه يستحق كل الثناء على صبره وهو يرى رقاب ابنائه تقطع ودمائهم تعبد الساحات والشوارع ومع ذلك .. متمالك لنفسه!
And Allansav. These people have a decent, good land and its place deserves all credit for his patience, believes the necks of her sons and their blood pave the squares and streets, however. Mtmalk for himself!

وحتى لا نخرج بعيداً عن موضوعنا.. نعود ونقول:
So as not to break away from the issue. Go back and say :

اننا على اعتاب حلول عيد الاضحى المبارك ومازال مئات المواطنين لم يتسلموا عيديتهم فهل عجز (الفطاحل) عن ايجاد الحلول لمثل هذه الامور البسيطة؟!
We are on the eve of the Eid Al-Adha holiday, hundreds of citizens still did not receive Aidithm Is deficit (Alvtahl) for finding solutions for such simple things?

ام ماذا.. يا.. سادة؟!
Or why. Oh. Sirs?

10,000 dinar handout? - Investor's Iraq Forum

its already translated. it says they were going to hand out the ten grand on eid al fitr but everybody was scared to go pick up the money from the banks because of being targets of bombs etc. it also says that at the rate currently then it was a humiliation to those people as it was payment for their suffering and six bucks wasnt cuttin it at all. and they are now asking whats up with that as we are too!!

Pardon if already posted

Baghdad : Mohammed Shani
.Dr Ali Ghalib Baban, Minister of Planning and Development Cooperation Adoption of the General State Budget for 2007 by the Council of Ministers, which in turn will submit to the House of Representatives for approval.


.Mr. Minister, said during a press conference held in the office of the ministry : that the efforts of the Ministries of Finance and Planning focused in the area of the investment budget, which aims to support the Iraqi economy to recover and rehabilitation activities across the productive sectors and the opening of investments it. He talked about the Minister's total annual budget allocations for 2007, which amounted to 12 trillion and 650 billion Iraqi dinars or by $ 10 billion, including financial allocations to the Ministry of Oil, which is estimated at three trillion dinars are directed to the rehabilitation of the oil sector to enable it to increase its capacity to produce and export.
الا ان .However, there are considerations to impose themselves, in fact, the current budget, which is the right budget fait accompli. It is all those considerations high financial expenses for security and defense that have priority in the current circumstances to the needs of the country and citizens alike to the security, sovereignty and stability, as well as to the process of development requires stability in the security situation.
التفاصيل ص2Details p. 2

Translated version of http://www.iraqigovernment.org/index-EN.htm

the video of Saddam's hanging. Poor quality, before and after only...

YouTube - Saddam Hanging

Originally Posted by kevinsw

Hi my dinar family and Happy New Year.

I was talking to a friend of mine that I got into the dinar thing and he looks at several forums. (not sure why though..lol)

He has told me that it is being said that the 10,000 dinar gift is being handed out and they are being told NOT to do anything with it until 1/4/2007.
Does anybody around here know anything about this or is it just a rumor?

Interesting,

I heard from my Kurd's a couple hours ago, and no word on 10K, but they are celebrating without it for obvious reasons. They are not too worried about it anymore, wonder why?

Happy New Year to All, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

I heard from my Kurd's a couple hours ago, and no word on 10K, but they are celebrating without it for obvious reasons. They are not too worried about it anymore, wonder why?

Happy New Year to All, Mike

You know why. Looking forward to the New Year. This is getting exciting. Kurds not worried about the 10,000.00 hand-out. New laws fixen to be enacted. Saddam is gone. New year for New beginning.

Iraqis Face Challenges Finding Work, Stabilizing Lives

In addition to the attacks and sectarian clashes that dominate the headlines in the worldwide media, the average Iraqi is also struggling with a difficult financial reality -- trying to find and keep a job, conducting everyday business and planning a future for their children in a nation wracked by uncertainty and violence.

"I think the daily life in Iraq was good in the beginning of the process of Iraq freedom," said Segvan Hassan, a 26-year-old Kurd who works as a trainer and supervisor at Iraq's Independent Electoral Commission. "After a few months it gets bad. Now it's [at its] worst."

Hassan's sentiments appear to echo those of other Iraqis, many of whom speak of the same growing frustrations: the cost-of-living increase has exceeded their salary growth rate, unemployment rates are high, lack of infrastructure forces reliance upon expensive generators and oil for electricity, and security concerns can make work a risky business.

Ayub Nuri, a 27-year-old Iraqi, is enrolled in a master's program at the Columbia University Graduate School of Journalism in New York. A native of Kurdistan, he has traveled throughout Iraq as a journalist. According to Nuri, an Iraqi teacher would make the equivalent of $90 a month, but rent for a one-bedroom house is likely to be $300 a month.

"What about food, what about clothes, what about shoes, what about everything else?" he asked. "People are really depressed and disappointed."

The United Nations Development Program in 2005 published a survey on living conditions in Iraq taken between April and August 2004. Compared to the median per capita household income in 2003 which was roughly $255, the 2004 median income fell to $144.

One of the contributing factors to the drop in per capita income has been the steady rise in unemployment in nearly all parts of the country.

Under Saddam Hussein's regime, the government was the primary employer, particularly for those with college degrees. Baath Party members, in particular, were apt to earn higher salaries or have better opportunities. Today, estimates for the unemployment rate range from 20 percent to 60 percent, according to the Iraq Study Group's report.

Fueled by the high unemployment rate and continuing attacks in the southern parts of the country, large populations of Iraqis have left their homes in search of work, causing economic problems in parts of Iraq, such as Kurdistan, where there are more jobs and security.

"The bad situation going on in other parts of Iraq has made thousands leave the southern and center to come into the north to get employed," says Nuri. "There is a competition between people who come from other parts of Iraq and the local people for housing. The local people can rarely afford to rent. Thousands of laborers sleep in the street or in the park because the hotels are full."

Many Iraqis also express concern that foreign goods have flooded their markets, driving down prices and making it more difficult for local companies to compete.

"Brick, tailoring, textile factories have closed down because the Iraqi market has been occupied by cheap foreign foods or clothes," according to Nuri. "The government does not ban foreign things, does not supply factories with electricity or other goods. [Infrastructure] breaks damage the local industry and hundreds or thousands lose jobs."

At a farmers' market in Dahuk, the northern-most Iraqi province bordering Turkey, a 28-pound bag of potatoes from Iran sells for $3.33, a 55-pound bag of Syrian tomatoes sells for $2; a two-pound bag of local onions sells for 40 cents, which comparatively would make a 28-pound bag sell for $5.60.

Eric Nigh, vice president of corporate development at the Iraqi American Chamber of Commerce in Baghdad, attributed the cost-of-living problems in Iraq to bad security and infrastructure, as well as to the fact that living standards have increased.

Once Saddam's regime fell, the market became flooded with goods that were previously inaccessible, creating a desire for a higher standard of living, according to Nigh.

To repair some of these problems, the U.S. government launched a number of programs aimed at repairing the shattered economy.

The Agriculture Reconstruction and Development Program for Iraq has poured money and resources into the North of the country, hoping to repair the fragile agriculture business, the second-largest industry and employer behind petroleum.

In Dahuk, American agronomists have introduced T-trellising, drip line irrigation and new cultivation technologies in an effort to revitalize grape cultivation. ARDI also has donated $28.9 million to a tractor repair and renovation program.

USAID and the former Coalition Provisional Authority also have funneled more than $40 million to microfinance programs, which enable the very poor to take out small loans to start new businesses.

These programs have had some positive results. In 2006, the Southern province of Wasit harvested and shipped more than 110,000 tons of wheat and 90,000 tons of barley, a record crop for the province and four times larger than 2005's combined 48,000 tons, according to the U.S. Department of State.

In addition to development programs, the United States is encouraging private sector development and foreign investment, through organizations such as the Iraq Reconstruction Management Office, in hopes of transitioning the country's economy to a free market one. Under Saddam, most major industries were state controlled.

"We support Iraqis moving forward in many areas," said June Reed, a senior adviser with IRMO. "We look at it in many layers, taking a very broad view -- investment laws, the new security law. There are a variety of laws that have helped transform this very command control economy to a market-based one."

Reed said she believes that Iraq needs to fully embrace the global marketplace if the country is to compete, advocating that the unsteady state seek to join the World Trade Organization.

"It not only requires liberalization for certain laws and a free market, but it also provides specific protection if outside economies are dumping into your economy, you can take action," she said.

For free market advocates like Reed, it is about returning Iraq to its pre-Baathist days when there was a "robust, mercantile society with strong banks, and a full and open market competitive in a variety of industries."

But according to some Iraqis, returning to the past system will not be easy since many Iraqis have never known the culture of banking at all.

"Many know that there is something called a bank but are unaware of how it works and they do not trust it at all. People who have money, they keep it at home," said Nuri, the Iraqi journalist living in New York.

Reed noted that the number of deposits has "increased substantially" since the U.S. invasion, but that it is a "far cry" from everyone having savings and checking accounts, let alone credit cards.

But no matter how enthusiastically Iraqis embrace the free market, the struggle for stability remains the major stumbling block for many trying to live day-to-day in Iraq.

"I would prefer to be poor and safe, not to be rich and be afraid I'm being attacked for my money," said another Iraqi student living in New York City, who wished not to be identified for fear of repercussions against his family still living in Iraq.


-- By Stephanie Taylor, Online NewsHour


Posted: December 29, 2006

Originally Posted by Offshore-Wealth.com

Interesting,

I heard from my Kurd's a couple hours ago, and no word on 10K, but they are celebrating without it for obvious reasons. They are not too worried about it anymore, wonder why?

Happy New Year to All, Mike

Saddam is now, NON Existant!!!... and that is one corpse, checked on the riddance list, very imp for the Kurds moving forward in view of the Sunnis and Shiítes creating chaos down south....


Good things are coming ahead and thats not too far off the horizon... good too for the brave men fighting there, less lives to lose from hereon...hopefully, prosperity is taking a new twist for all involved!!!


YB. - cheers and to all on midnight coming...


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