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Monday, September 19, 2016

Dinar Updates Daily Chat Log for Sunday 9/18/16 - Part 4

Dinar Updates Daily Chat Log

Part 4 - No Featured Members

[10:11 PM] jetset:

Good evening, good people!

[10:11 PM] subgirlcopy jetset:

Good evening

subgirl says(10:42 PM):

Gold enhances the economic status of the country

9/19/2016 0:00

BAGHDAD / Hussein al-Tamimi

As Iraq was ranked 37 on the world's gold reserves according to the order of the World Gold Council, an economist said that this category is positive and reflects the good image of the global financial and monetary agencies.

Economic consultant Baghdad forum Samir Nasiri said in an interview for the "morning": that the proportion of gold to $ 50 billion dinars is a good reserve a rise whenever cash reserves dropped either outcome, where he arrived analysis are that Iraq's reserves of foreign exchange and gold is good to cover the local currency.

Credit rating

He added that the situation in Iraq at this location enhances his credit rating which will make the International Monetary Fund take that positive outlook to deal with Iraq economically and I expect that cash reserves would rise in light of expectations of rising prices for the three months ahead and that the reserves enough to cover imports up to 6 months.

Turn competent in economic affairs Ahmed al-Sumaidaie: said Iraq is a rich country and is able to overcome all the economic challenges, and gold reserves, but part of the sources of economic power held by Iraq.

He pointed out that the reform of production and service sectors in Iraq and capital preservation cycle locally will boost gold reserves, which is a source of strength for Iraq's relationship with the international financial institutions.

Iraq and was ranked among the 37 countries of the acquiree went steady reserve in accordance with the assurances of the World Council Of gold, and that Iraq's reserves of gold and fixed represents 7.1 percent of its reserves of foreign currency, noting that Iraq is still ranked among the 37 countries that have reserves Go.

Fixed reserves

The Board reported in its website official statistics showed that "Iraq's reserves of gold remained stable and did not change, reaching 89.9 tons," pointing out that "this amount represents 7.1 percent of its reserves of foreign currency, after it had been representing 4.6 percent during the month of January." .

The council said that "Iraq did not buy gold since last buy him in April 2014 in which 15.16 tonnes bought," noting that "Iraq was ranked 37 out of 100 countries possess reserves of gold have been included within the global central bank reserve report."

It means the World Gold Council: Organization for the development of the market for the manufacture of gold and work within the investment, jewelery and technology sectors, as well as engaging in government affairs, aimed at providing leadership in the industry and stimulate and support the demand for gold, based Kingdom United.

subgirl says(10:42 PM):


subgirl says(10:43 PM):

Zebari apologized and close to Barzani accompanied Abadi to visit New York

2016/9/18 23:14

[Oan- Baghdad]

Prime Minister's Office revealed apology Finance Minister Hoshyar Zebari to accompany Prime Minister Haider al-Abadi on his visit to New York that it is directed Sunday evening.

A spokesman for the Information Office of the Prime Minister, Saad al-Hadithi, in a press statement, that "the President of the Presidium of the Kurdistan region, Fuad Hussein [who is close to the region's president, Massoud Barzani, accompanied by the Prime Minister, to America," he said, "was scheduled to participate Minister financial Hoshyar Zebari, but he apologized to participate visit ". Without that explains the reasons for this.

And Osaf Sabri al-Abadi said, "is leading a delegation to the United States, to participate in the activities of United Nations General Assembly."

The Prime Minister Haider al-Abadi, went Sunday night to New York at the head of an official delegation to attend the meetings of the General Assembly of the United Nations session 71.

He pointed to a statement by his press office said Abadi "Iraq will deliver a speech at the United Nations will also hold a number of meetings with world leaders and international organizations."

Ebadi said in a press conference after the cabinet meeting today that he will meet with 30 leaders and heads of state on the sidelines of Alammomcih Assembly of the United Nations meeting, including US President Barack Obama "at the request of" the latter.

It is said that Finance Minister Hoshyar Zebari, is facing corruption charges is likely to show no-confidence vote in the parliament session scheduled for next Wednesday.

The House of Representatives, had been questioned in the 27 of last August Zebari [leader of the Kurdistan Democratic Party and voted not to conviction Bojobth a move that could pave the way for his dismissal soon.

The prime minister Haider al-Abadi that interrogations parliament unconstitutional a legal right to him, but at the same time stressed the need to remove them from the "political target".

He accused Zebari, head of a coalition of state law, Nuri al-Maliki, to "stand behind the questioning to topple the government and parliament," he said.

He was scheduled to vote at its September 8 of this on the withdrawal of confidence from the Minister of Finance but the lack of quorum prevented the meeting which postponed until after the Eid al-Adha holiday.

subgirl says(10:47 PM):

Hello clay01!!! :) hope you are doing great!!! (F)

subgirl says(10:48 PM):

Clay01 praying for your tests... Study hard ok? :)

subgirl says(10:51 PM):

Abadi: US elections will not affect Washington's support for Iraq

18/09/2016 18:07 pm (Baghdad time)

BAGHDAD - balances News

He said commander of the armed forces, Prime Minister Haider al-Abadi, on Sunday that the US elections will not affect Washington's support for Iraq in the war against terrorism, between the government was committed to liberalization of Mosul, a plan according to schedule.

Ebadi said, I followed at a conference / balances News /, that "the government was committed to the liberation of the city of Mosul by a terrorist organization Daesh according to schedule."

He said al-Abadi, said that "our priority in the liberation of Mosul maintain the security forces and Jmaah citizens," noting that "the war with Daesh is not a conventional war, and there is a political cover for terrorism."

He said al-Abadi, that " the US election would not affect Washington's support for Iraq in the war against terror " .anthy

subgirl says(10:52 PM):

The deficit in the public budgets of the Federal .. and the future of oil in Iraq

9/19/2016 0:00

Mohammed Abdul-Zahra al-Hindawi

2017 budget will not differ much from the current year's budget in terms of total public spending or the size of the expected rate of investment side revenues, but there are details that may seem important will be present in the next budget from the most important to estimate the price of a barrel of oil will be $ 35 in the light of expectations suggest that prices You will see an improvement starting from early next year until it reaches $ 71 at the end of the year, and this according to these expectations, the price difference between the estimated price and is selling it will contribute to reduce the proportion of the deficit, amounting to about 30 percent, though the availability of such a surplus seems weak with the existence and payable financial benefits for companies licensing oil amounting to $ 12 billion is needed from the government fulfill them in 2017, and it seems clear also the percentage contribution of oil from 92 percent in the current budget fell to 83 percent in the next draft budget of the total size of the expected revenues and reaches 70 trillion dinars of which 57 trillion dinars from oil sales and the rest from other sources is Oil.

This oil decline would give us a positive signal that the work vigorously to activate other sectors and increase its contribution to the budget support as alternatives to oil down to get out of the oil monounsaturated and dye rentier Iraqi economy, despite the fact that the oil gap remains large and impressive, but in the end were not our choice but it is never a matter of the governor of what could have been surpassed.

As long as the talk about the impact of oil in the economy will remain topping for decades to come before the world turns around significantly towards alternative sources of energy, what is required is a vision of oil for future long-term up to ten years based this vision on the basis of determining the average price for the sale of the oil upon which the calculation expected - revenue as oil experts talk and the economy - and the idea of ​​setting a price maybe this will help in financing the annual deficit budgets through the creation of sovereign funds to hold the amounts realized from the sale of more than the average price fixed, for the assumption that the average price for the period from 2017 up to 2027 fixed at $ 50 a barrel and then see prices rise during the first three years to $ 80 and then back to drop to $ 30 in the three years that followed, and experiencing fluctuations between the rise and fall in the last four years of the experiment, and here is the scene as follows: when rising prices are deposit amounts derived from the price increase in the first stage in the sovereign funds investing format and can utilize them to finance investment projects, either in the process of falling prices below the ceiling, it is certain that the budget will face a deficit and clear - this on the assumption that oil dependence remains is Alsaid- here we can resort to the surplus of the past years to finance the deficit until prices improved and so can spare the economy violent tremors unexpected, and subject to the experiment to re-evaluate every two years to determine the diffraction and distractions in order Evaluated.

subgirl says(10:52 PM):

read more :) http://www.dinarupdates.com/showthre...of-oil-in-Iraq

subgirl says(10:53 PM):

Cabinet held its regular meeting under the chairmanship of Prime Minister Dr. Haidar al - Abbadi

2016-09-18 20:57:23 | (Voice of Iraq) - Baghdad

The cabinet held its regular Sunday 18 September 2016 under the chairmanship of Prime Minister Dr. Haider al - Abadi and issued a number of decisions , including:

1 / approval of the Japanese loan projects , namely:

First / a- finance the implementation phase of the tanker lines for water project Basra great book contained under the Ministry of Construction and Housing with a number: 2706, dated 08.25.2016, through the Japanese loan.

Second / 1. Lands Reclamation Hnavih - Nasserite space (20,000) acres.

2. rehabilitation of old irrigation work channels and rehabilitation of irrigation work projects for areas that have been liberated from the Daesh terrorist gangs.

2 / discuss the recent talks between Iraq and the International Monetary Fund committee was formed to follow up the developments of the talks.

3 / approval to approve the freeze terrorist funds system.

4 / approve the request of the Japan Bank for International Cooperation signed message wages to the Convention on borrowing between the Ministry of Finance and the Bank of Tokyo - Mitsubishi , according to the terms proposed by the Japan Bank for International Cooperation contained in the letter of the Ministry of Finance with a number: IQD / 10358/5, dated 23/8 / that 2016.

5 / remodeling project Commercial Agency Regulatory Act reaffirmed the Council of Ministers.

6 / discuss a contingency plan for Iraqi Airways.

7 / modification Cabinet Resolution No. (147) for the year 2016 on the dues of farmers exchange in the liberated areas.

8 / approval to hold the third round of the ranks ended elementary, middle and junior high exams that are central commitment Ptoukitat acceptance adopted in the Ministry of Higher Education and Scientific Research , without waiting for the results of the third round.

Information Office of the Prime Minister

18 September 2016

cobalt says to subgirl(11:00 PM):


subgirl says to cobalt(11:00 PM):

GE :)

cobalt says to subgirl(11:01 PM):

Hope you are feeling well...may god bless you Subby

cobalt says to subgirl(11:01 PM):


subgirl says to cobalt(11:02 PM):

thank you :) you are so sweet! :) I am feeling real good...

subgirl says to cobalt(11:02 PM):

hope you are too :) I too am praying foryou too!!

cobalt says to subgirl(11:03 PM):

Great..................I think it is time to get horizontal for a few hours.........thank you for you sweet prayers!

subgirl says to cobalt(11:03 PM):

your very welcome :)

subgirl says to cobalt(11:03 PM):

and hope you have a great night! :)

subgirl says to cobalt(11:03 PM):

sleep well JR! :) (F)

lee4 says(11:05 PM):

TY Ladies!!! GN

subgirl says to lee4(11:05 PM):

YVW :) lee4 :) and GN to you too!!!from sheila and I :)

cobalt says to subgirl(11:07 PM):

Good night .a great night to you as well..... https://youtu.be/YF58KtQ_DZE

subgirl says to cobalt(11:07 PM):

awwee thank you for that... I love that... :)

subgirl says to cobalt(11:08 PM):

Good night!!! :)

cobalt says to subgirl(11:08 PM):


subgirl says to cobalt(11:08 PM):


End of Sunday's Chat Log
 | Link to Part 1



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