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Restored Republic via a GCR: Update as of Dec. 16, 2017

Restored Republic via a GCR Update as of Dec. 16 2017 Compiled 12:14 am EDT 16 Dec. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Friday, July 21, 2017

"This is it" - Peoples Dinar News Discussion 7-21-17

Peoples Dinar


MrsClassy: IRAQ HAS IMPLEMENTED ALL THE CONDITIONS OF THE IMF


The prime minister’s advisor for financial policy, mohammed saleh, announced on thursday that iraq has completed commitments on the first stage of the imf’s credit-stand-off agreement with a number of stages, including 13 commitments under which it agreed to grant iraq a $ 5.3 billion financial loan.

Iraq and the international monetary fund signed an agreement in may after several days of meetings in the jordanian capital of amman to provide iraq with a loan of $ 5.3 billion at an interest rate of 1.5%, and iraq received a premium of $ 634 million last july.

“the first phase of the credit agreement with the imf included several reform requirements for the iraqi economy, namely performance standards, reform of financial management, reform of some laws,” said mohammed saleh, adviser to the iraqi prime minister for fiscal policy.

And procedures to structure the public budget, and maintain the reserve of the central bank, all of which iraq is committed to.

Saleh said that “the credit agreement with the international monetary fund, under which it was agreed to grant iraq a loan of $ 5.3 billion, includes 13 consultations or commitment, iraq and the international monetary fund completed the first review

MrsClassy: OH,,ALMOST FORGOT, CHECK THIS OUT!

http://gcb.iq/?lang=en

LStar: Website says dinars can be used in the atms worldwide right? I went to website. Looks good. MasterCard seems to be live. Not sure

http://forums2014.peoplesdinar.com/index.php?/topic/114214-iraq-has-implemented-all-the-conditions-of-the-imf/#comment-873799

Forest: An international agreement to begin the first stages of reconstruction of Mosul

The United Nations Humanitarian Coordinator for Iraq, Liz Grande, said the agreement with the Baghdad government has been agreed on the first phase of reconstruction of the city of Mosul.

This came at a joint press conference, held by the UN official in Mosul with the Secretary General of the Iraqi Council of Ministers, Ali Alalak, and the governor of Nineveh, Nofal Sultani.

Grandi said that the first phase "includes 70 projects, in particular the reform of the health system, sanitation, water, electricity and civilian houses," and indicated that there is "concern" about the extent of the destruction suffered by civilian homes and mechanism of return, "I built it.

The cost of the first phase and the details of the subsequent stages were not announced.

For his part, the Secretary-General of the Iraqi Council of Ministers, that the old city in Mosul was subjected to "total destruction".

He added that " Work is to restore basic services such as water and electricity, and we now have two projects for potable water, on the western side of the city, and will deliver the power, to start turning it , "without further details. He said that" work is also under way to restart the plug connector electrical station, which may up production to 750 megawatts,

but the problem is, currently, in the energy transfer, ravaged by terrorists lines ", in reference to the organization of " Daesh ", which was defeated by government forces last week, after the battles lasted more than eight months.

and the scale of destruction in The city of Mosul, alerted to the fact that "in the west side was divided Neighborhoods according to the proportion of the damage, some of which suffered minor damage, and some of them suffered mass destruction, as in the old city.

" In turn, said the governor of Nineveh, Novell Royal: The" The government announced the liberation of the city on July 10, following fierce battles lasted about 9 months, with the help of the international coalition to fight the Washington-led Dahesh.

The fighting displaced about 1 million civilians, about half of the population who were inside the city at the start of the fighting, in October.

The government announced the liberation of the city on July 10, following fierce battles lasted about 9 months, with the help of the international coalition to fight the Washington-led Dahesh. The fighting displaced about 1 million civilians, about half of the population who were inside the city at the start of the fighting, in October.

http://www.shafaaq.com/ar/Ar_NewsReader/dcc9b133-e872-4316-b9ab-d888c845bb

http://www.shafaaq.com/resources/files/ARABIC/economy/mosul-buld.jpg

http://www.shafaaq.com/ar/Ar_NewsReader/dcc9b133-e872-4316-b9ab-d888c845bb9b

oasorcire33: The cost of the first phase and the details of the subsequent stages were not announced.

Of course not we don't want any investors tipped off as to a possible rate now do we

Hopesway: The news is SOOOO awesome!!!!!!!!!!!!!!!!!!!!

LStar: No kidding!! Where's beachrider? I need huuuuge letters "international!" Omg! Folks I'm so happy!! This is it. A 2017 year to remember forever! I'm dancing with joy! Thank you God thank you!!! Thank you!!!!

Beachrider: Not until I see an official rate I can go to the bank with.

LStar: Okie dokie! I get it, still waiting, but I do absolutely think it'll be this year!!! 2017 a year to remember for sure!!

Forest: Grandi said that the first phase "includes 70 projects, in particular the reform of the health system, sanitation, water, electricity and civilian houses," and indicated that there is "concern" about the extent of the destruction suffered by civilian homes and mechanism of return, "I built it.

http://forums2014.peoplesdinar.com/index.php?/topic/114223-an-international-agreement-to-begin-the-first-stages-of-reconstruction-of-mosul/#comment-873801

BANE: An invitation to support the dinar and the strengthening of its purchasing power

3/1/2017 BAGHDAD / Mustafa Hashimi strengthening of the local currency is a national task they represent thesovereignty ofIraq and preservation of state stimuli represents a great responsibility lies with therelevant authorities in the light of a series of challenges taking place in the country.

Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar 's purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.

And ways to revive the dinar and upgrade more than its value saw Mahouelle in an interview {Sabah »necessity of things , management of the country economic mentality and purely look long - term, along with the importance Quote economic experiences of states have passed similar circumstances to what Iraq is going through, as well as the reduction of trading the dollar in commercial transactions Interior to support the national currency.

Mahouelle be regulated by the Central Bank and coordination with economic authorities and relevant ministries confirmed role in enhancing the value of the dinar by preventing the circulation of foreign currency in the local commerce for any reason whatsoever and counted only in foreign trade, indicating the importance that civil and government banks take measures that will strengthen the dealing in Iraqi dinar .

It is said that the sale price of the dollar on Monday amounted to 1310 dinars, ie 131 000 dinars, for a hundred dollars, while the total purchase price in 1300 dinars, ie 130 000 dinars, for a hundred dollars.

Mahouelle said that the decline in the value of the dinar against the dollar, in fact, began the war with Iran and the invasion of Kuwait, stressing that the policies of the former regime burned all the hopes of Iraqi economists to amend the path of the local economic situation and guide the country 's resources towards development.

He said, since the nineties of the last century and the days of international sanctions and the dollar dominates the local market transactions away from the dinar as a result of faulty economic policies pursued by the former regime.

He pointed out that when the prices of imported goods began to rise, Iraqis felt that the old price of the dinar against the dollar has fallen so much and began to think of what has become and find solutions to them.

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years,

while he returned to rise again after the adoption of the budget in 2015 and forcing the Central Bank identifies sales of foreign currency in accordance with Article 50 of that year 's budget law.

Mahouelle explained that the International Monetary Fund and the post - World War II division of the world 's currencies to be and are non-transferable and was part of the Iraqi dinar currency is convertible.

He said the convertible currencies suitable for international settlements (ie to settle payments in foreign trade of the countries), has been preparing a list of those currencies represented currencies the victors in World War II, and did not include the Soviet bloc currencies at the time because of the approach is capitalist in the conduct of its economy and the economies of countries that fall under its control.

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

He said that Iraq, which reached a population of 8 million people, citizens did not know a dollar coin and Ashklh did not deliberate it within the borders of the country at all, as hard place to find a store, in that era, displays his goods are priced in dollars.

He Mahouelle at the conclusion of his speech that traders importers of goods (commercial / industrial / agricultural) were turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency ,

but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash or travelers instruments after the central bank 's approval and under the foreign exchange law.
http://www.alsabaah.iq/ArticleShow.aspx?ID=129153

Bane: But then again this article from Jan says the Dinar will be worth over 3 dollars...

http://forums2014.peoplesdinar.com/index.php?/topic/114212-take-a-look-at-this/&page=2#comment-873829

​Forest: A Saudi writer for Al-Ghad Press: The time has come for Iraq to return to its Arab surroundings

The Saudi writer and media, the mind of reason, said on Friday that the time has come for the return of Iraq to its Arab environment, despite the difficult conditions and intersections in the region.

"There is no doubt that the visit of the Iraqi Interior Minister Qasim al-Araji to Saudi Arabia and received by Crown Prince Mohammed bin Salman and the Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif is an important step in enhancing cooperation," al-Aqal told Al-Ghad Press. The two countries, "adding that" work to achieve their common interests. "

He said that "the file of combating terrorism comes at the top of the files discussed by the Saudi and Iraqi sides."

"We all know that the scourge of terrorism is suffering from the Arab region, and unfortunately these organizations raise the rhetoric and slogans of Islamism, and their ideologies cross borders and nationalities.

In this sense, the importance of this visit comes to strengthen the coordination and security work to combat these organizations," he said in Al-Hayat newspaper. And others. "

"The Saudi-Iraqi border extends for 800 kilometers, and this requires security work between the two sides," he said, adding that "Saudi-Iraqi relations have gone through a period of tensions, but the statements that are responsible at the moment confirm the change of course of Iraqi-Saudi relations to the right way" .

"Some say that the Arabs have left Iraq, an Arab country established in many regional organizations, for some regional powers," he said. "It is time for Iraq to return to its Arab environment, despite the difficult conditions and intersections in the region." https://www.alghadpress.com/news/110472

Beachrider: HUGE PROGRESS!

http://forums2014.peoplesdinar.com/index.php?/topic/114231-a-saudi-writer-for-al-ghad-press-the-time-has-come-for-iraq-to-return-to-its-arab-surroundings/#comment-873826

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