KTFA

KTFA

CaptDavid: I am a member of a web site who alerts me when any IQD exchange rate changes. Not sure what this means but the cost to buy 1M IQD in USD is less now than before the alert not much less but it is a change. I understand the CBi controls the exchange rate?

Frank26:  We will tell You on CC tonight……………… Join us  (7pm EST)

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CSHessman:  WHAT’S MISSING IN THIS PICTURE ???

DOTH MY EYES DECEIVE ME OR DID SOMEONE LOSE 3 DECIMAL PLACES IN THEIR BUDGET ???

The following table shows the difference between the planned budget and actual budget for the year 2016

values / Iraqi dinar

Picture

Picture

This reflects the fragility of the Iraqi economy because of wrong economic policies and the lack of clear strategic vision , which played a major role in the squandering oil revenues massive after 2003 and devoted unilateral economy side and rents the Iraqi state , international and regional powers to Htt behind agendas currents and internal forces, aimed at keeping Iraq weak countries follower racked by conflicts multiple, supported by the sectarian quota system and the conflict of interests and financial and administrative corruption, which led to the collapse of the productive base of the Iraqi state , both public and private industrial and mixed cooperative and agricultural sector, as well as artisan sector.

As a result of economic conditions corrupt get to the task as a result of which is that the budget, have not and will not able to address or alleviate any of the crises accumulated from previous budgets , such as the crises (housing, unemployment, illiteracy, poverty rate, municipal services, school buildings, school dropout, services , and cadres health).
Shatha Khalil

Unit Economic Studies
Links for Research and Strategic Studies Center

??????: ??? ????? ???????? ?????????? ??????? ???? 2016

Blinkster:  Well….isn’t that something?!  Doeth my eyes deceive me too?

MilitiaMan:  I have to say that it sure looks that way,  but, i ware glasses blink blink..lol

Dreamer13:  Are these numbers changed?

DELTA:  YES ……… TESTING…… TESTING!!!

CURRENCY
CODE
SELL
BUY

US dollar
USD
1184.000
1182.000

Euro
EUR
1229.584
1228.969

British pound
GBP
1455.018
1454.290

Canadian dollar
CAD
881.083
880.643

Swiss franc
CHF
1150.073
1149.498

Swedish krona
SEK
129.489
129.425

Norwegian krone
NOK
136.601
136.532

Danish krone
DKK
165.398
165.315

Japanese yen
JPY
—–
—–

Special Drawing Rights
SDR
1582.534
1581.743

Indicative rates – 04.01.2017

Interest rates CBI policy rate (valid from 1 Mar. 2016)
4%

IQD 7 day deposit (valid from 15 Aug 2016)
0.75%

Primary credit facility(valid from 1 Mar.2016)
6%

Economic indicators Core inflation (YoY): Jul. 2016
1.36%

Inflation (YoY):  Jul. 2016
– 0.38%

M2 growth (YoY): Jul. 2016
– 0.32%

2012 Forecasts

GDP – real growth rate
10.2%

Budget deficit/GDP
10.0%

Current account surplus/GDP
0.3%

Net foreign reserves
$67B

BANKNOTES & COINS

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