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

Now you can read the Latest News Thread. 250 post moved to the Crazy Thread. All Articles were left.

Fact Sheet: UN Supports International Compact for Iraq - Security Council - Global Policy Forum

UN Supports International Compact for Iraq

In September 2006, broader consultations with the international community will take place in New York at the next meeting of the UN General Assembly, followed by an update to finance ministers at the annual World Bank/IMF meeting in Singapore. By taking into account estimates of how much financial support Iraq will need to rebuild its economy, the group hopes to develop a financing plan during the fall of 2006. The finalized Compact, including priorities, benchmarks, and commitments, will be presented by the Government of Iraq by the end of 2006.

McClatchy Washington Bureau | 09/18/2006 | The President of Iraq, Jalal Talabani, shares his views in 'Dear Americans'

The economic conditions for most Iraqis have improved. The economy was liberated from the control of the state and we are now taking the first steps in creating a vibrant private sector.

Thanks to our independent businesspeople, our market places are bustling despite the unsettled security situation.

A new investment law is before our Parliament. It will further invigorate our private sector, streamline the procedures for starting a new business, and open the country to greater foreign participation and investment.

Salaries of government employees were raised 100 times or more. A policeman under Saddam received $2 to $3 dollars a month. Now a policeman is paid at least $200 a month.

The financial and economic boom is mostly noticed in the safer parts of Iraq. The city of Sulaymaniyah in Iraqi Kurdistan region now has more than 2,000 millionaires. Before liberation, the city had 12.

Originally Posted by shotgunsusie

McClatchy Washington Bureau | 09/18/2006 | The President of Iraq, Jalal Talabani, shares his views in 'Dear Americans'

Whoa...that looks good.

Guys, yesterday there was a mention from RR about the G7 recommending an increase for China and Iraq's values. Did anyone read or find this as this is big news and I'd like to read it in its entirety.

Hey Ad:

Check the *Crazy* thread . . . I've posted an answer for you . . .

Cheers RR, shame as that would have been huge news.

Originally Posted by Adster

Guys, yesterday there was a mention from RR about the G7 recommending an increase for China and Iraq's values. Did anyone read or find this as this is big news and I'd like to read it in its entirety.

Adster,
I know I researched that whole thing when it came out.
NOTHING! ...for me ,anyways,

I never once read anything about them being
mentioned simutaniously.

I'm not sure when this source came out or when.
Just letting ya know, its pretty hard to find that (non)
article.

Be Well.

Same here Loki.

Have a read of this, sounds like the Kurds are getting the wrong end of the deal again. Can you blame them for wanting to break away from the rest of the country....



Kurdish government complains of unfair budget
[20:11 , 18 Sep 2006]
The KRG logo, Press Photo....
Kurdistan (The Kurdish Globe)

KRG complains that it has not received its share of the national budget.
The KRG complains that it has not received its share of the national budget, agreed at 17%. Iraq's income is overwhelmingly raised through oil revenues. In 2005, the amount allocated to the Kurdistan Region was almost $36,000 billion, with each barrel of Iraqi oil selling at $26.

The Kurdish Government states that the Iraqi government has not increased the region?s budget in line with its own policy to raise government employee salaries.

"In 2005, the Kurdish government paid four months" salaries to employees according to the increased rates decided upon by the Iraqi government. However, the central government failed to increase the region's budget in recognition of this, resulting in many wages, including those of university lecturers, doctors, judges and police, not being paid," Rashid Tahir, KRG's Deputy Finance Minister explains.

"This has continued, despite our numerous complaints to the Iraqi Finance Minister concerning the issue. We cannot increase salaries without a corresponding increase in the Kurdish budget."

Appealing for aid, just r/v the frigging thing, you won't get anymore handouts from the US!


Iraqi finance minister pledges efforts to tackle inflation, appeals for aid

Iraq's finance minister on Monday vowed to take effective action against inflation, while appealing for technical and financial support to rebuild the country.