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mike alfred

We Are Safe With 70 Billion Dollar Reserves: CBI - 0 views

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    Iraqi Dinar 123 News:- The central bank of Iraq announced that with the 70 billion dollars reserves and over 120 tons of gold it has ability to support its currency at international market and will be able to Stabilize Iraqi Dinar in the international market.
mike alfred

Iraq Current Year Budget Can't Meet Projects Cost - 0 views

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    Iraqi Dinar 123 News:- The governor of Diyala province said that the Diyala budget is not enough to support running development projects of the province. Iraq allocated 326 billion Iraqi dinars to the province in the budget.
mike alfred

Iraq Has $70 Billion Cash Reserves: Abdel Basset - 0 views

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    The governor of central bank of Iraq said while talking with media that the central bank of Iraq has $70 billion as cash reserves that is enough for Iraq to support Iraqi Dinar in the present security and economic situation of Iraq.
mike alfred

Daash Robbed 4.5 Billion Dollars From Iraq Banks - 0 views

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    The finance ministry of Iraq said that Sunni militant group Daash has robbed more than $4.5 billion from Iraq banks in the last month that made it richest terrorist organization of the world. According to initial report, ISIS robbed 75 bank branches in the different cities of Iraq. Central bank of Iraq had to bear a huge loss while compensating the international banks for their loss in the country.
mike alfred

The Iraqi Stocks on High Again - 0 views

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    Iraqi Dinar 123 News:- The Iraq Stock Exchange reported that Iraq earned 111 billion dinars during the previous month. The market traded 87 billion and 570 million shares in August and the value of these shares was equal to 111 billion and 942 million dinars.
mike alfred

900 Billion Iraqi Dinar Project for Economic Revival - 0 views

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    Iraq is trying to revive its country economically and they are investing in different schemes for the betterment of their country. The Municipal Ministry approved of the great streams of Hilla which was to be completed from the budget of 2014 in three different stages. This project was something that was to be handled with the total cost of 900 billion dinars and with the help of proper technicians.
mike alfred

900 Billion Dinars Allotted to Hilla Project - 0 views

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    Iraq has spent 900 billion dinars on the three phase project of the streams of Hilla. The municipal ministry of Iraq understood the fact that they need money to develop new streams which was introduced in the form that the budget of 2014 was supposed to have a chunk of it expense in it. The ministry is trying to handle all the issues regarding the project and handle all the things in a proper way.
mike alfred

The Trusteeship of CBI Lifts Capital by 150 Billion Dinar - 0 views

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    The economic bank of Iraq could not fulfill the financial obligations with the other international and local companies the minimized the trust of the people and international companies over banking sector of Iraq. Central bank of Iraq received many of the complaints against economy bank of Iraq.
mike alfred

Iraq Approaches UN For One Billion Dollars Receivable Dues - 0 views

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    After the release from chapter vii, Iraq is looking to collect Iraqi dinar and receivables from different countries of the world that were frozen after invasion of Kuwait by Iraq in 1990. These funds were freeze in the different countries of the world as a result of sanctions imposed by United Nation on Iraq.
mike alfred

The Issue of 250 Billion Iraqi Dinar Management - 0 views

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    It was announced that the banks need to handle the different things that include the handling of data that not just involves money but also several other options. The distribution of 250 dinars needs to be handled and managed in a better way. The salaries and other expenditures that every country has to seek believe in the handling and management of all the billing and other expenditures related to it.
mike alfred

Over 500 Billion Iraqi Dinars Stolen From Central Bank - 0 views

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    The bank management gave out he statement so that the conversions can be done in the Islamic countries and the North along with the other two banks are managing the different things for a better management of the instruments with the legal ways. The money was basically stolen by the employees of the bank and it was the responsibility of the management to recover the money as soon as possible.
mike alfred

500% Increase in Rasheed Bank Capital - 0 views

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    Iraqi Dinar 123 News:- The General Secretariat of the Council of Ministers announced that they are approving the capital of Rasheed Bank of Iraq from 50 billion dinar to 250 billion according to company Act 22 of 1997. The bank received massive investment from foreign investors in the country in last one year.
mike alfred

Iraqi Government to Rise Land Bank Capital - 0 views

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    Iraqi Dinar 123 News:- The capital of the Land Bank was increased from 150 billion dinars to 500 billion dinars. This was important according to the council Members and the Prime Minister who announced the amendment in a special meeting. The statement that announced the amendment also said that this was an important thing to do.
mike alfred

500 Billion Iraqi Dinar Worth Remittances Sold - 0 views

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    Keeping in view the public debt law, the Ministry of finance issued remittances which were backed by the government of Iraq. The Central Bank of Iraq also had a key role to play in the idea of holding auction, granting remittances and every thing else related to it.
mike alfred

International Monetary Fund objection on the Iraqi budget 2014 - 0 views

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    The increasing deficit of the general federal budget to more than 35 billion dollars will play objection large and categorical rejection by the International Monetary Fund and the World Bank, because it will lead to problems of economic and financial in the country and perhaps affect the market becomes faulty and conflicts between fiscal and monetary policy of the country.
mike alfred

Are Iraqi Funds Safe in US And Abroad? - 0 views

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    The frozen assets of Iraq in the foreign banks are under discussion for couple of months, especially after Chapter VII of United Nation. These frozen assets are $82 Billion and were freeze due to invasion of Kuwait by Iraq in 1990. People are not sure about these funds and most of them are consider as barren amount that will not be released to Iraq.
mike alfred

Govt Invites Public to Invest in Frozen Funds - 0 views

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    The frozen assets of Iraq are under discussion by government officials and economists in Iraq. The government of Iraq is waiting for these assets to fulfill the deficiency of budget and also to enhance the economic stability in the country. Economists believe that Iraqi cash reserves will be double after adding these $82 billion.
mike alfred

Record Increase in Oil Prices After US Declaration - 0 views

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    Iraqi Dinar 123 News:- The central bank of Iraq announced that with the 70 billion dollars reserves and over 120 tons of gold it has ability to support its currency at international market and will be able to Stabilize Iraqi Dinar in the international market.
mike alfred

ISIS is The Richest Terrorist Organization of The World - 0 views

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    The ISIS is going to be the richest terrorist organization of the world with more than 2 billion pounds. It shows, the organization has more resources than that of Al-Qaida, Taliban and Shabab. The organization is operating under the supervision of Abu Bakar Baghdadi, the most wanted in Iraq and Syria.
mike alfred

Banking Sector Partnership and Its Impact - 0 views

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    Iraqi Dinar 123 News :- Economists have said that in order to achieve a good system of investment for a better growth.The development and investment in the banking sector is highly needed, the rate of 5 to 10 billion dollars for administration in management is important.
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