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mike alfred

Iraq's Cash Reserves to Back The Currency - 0 views

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    The economic stability of the country is determined on the basis of equal opportunities available in the country for all countrymen without any discrimination. The economists have different thinking about economic stability of any country. According to economists, the value of currency is the major indicator for any economy to decide whether the country is economically strong or not. The countries with the strong currencies have noted positions in the country.
mike alfred

Iraq Sees Higher Economic Growth than Other Gulf Countries - 0 views

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    Iraq designed five years economic policy for its country to enhance the oil production and export of oil in the international countries. Central bank of Iraq with the cooperation of government struggled well to enhance the value of Iraqi dinar in the international market.
mike alfred

Foreign Business in Iraq is Increasing - 0 views

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    Iraq is getting attention form the foreign countries in a good way. Other countries are interested to increase business in Iraq. Several countries are competing hard with one another to get the best out of foreign businesses, as best as they can. Most states have understood the difference that foreign businesses makes for a country so on bilateral and singular bases they are trying to focus in foreign countries.
mike alfred

Many Countries Want RV to Happen - 0 views

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    Iraqi Dinar 123 News:- We saw many of the important techniques and methods applied by central bank of Iraq to monitor and control the value of Iraqi dinar. Some of these methods are still in the market. Iraq was indebted to the many of the countries for the number of years.
mike alfred

Turkey Concerns Over Unstable Iraqi Economy - 0 views

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    Iraqi Dinar 123 News:- The country that is in deep trouble by the poor law and orders situation of Iraq is the Turkey. The country imports more than 90% of its oil from other countries of the world to fulfill the needs of the country.
mike alfred

Iraq GDP Growth is Higher Than Other Gulf Countries - 0 views

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    The report issued by International Monetary Fund shows that the GDP of Iraq is higher than all other Middle East countries now. According to IMF Qatar and Iraq are going well and can be considered as competitors in 2015, with the growth rate of 7.1% and 6.7%. With the 4.4% growth rate, the United Arab Emirate is at number three leaving behind Algeria at fourth position.
mike alfred

Govt. Continuous Borrowing From CBI Can be Harmful For The Country - 0 views

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    The member of finance committee of Iraq, Mustafa Jamal said yesterday that continuous borrowing from central bank of Iraq for the investments needs is not in the favor of Iraq and its economy. The borrowing will be conflicted with the predefined rules of state budget in the country.
mike alfred

Private Sector is Essential for Iraq Development : Shkran Fatlawi - 0 views

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    Iraq is one of the fastest growing nations of the world according to the recent World Bank report. The report says that the rate of economic development of Iraq is better than all the other countries of the Middle East and also in the Arab Countries. The expected growth rate of Iraq is also better than all other countries in the region according to World report.
mike alfred

Timing Matters A Lot: Jester - 0 views

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    Jester, the famous dinar expert is of the view that timing matters a lot for completion of revaluation procedure in Iraq. Country requires a peaceful a stable environment for the country to revalue Iraqi dinar. It is not possible for Iraq to take this huge decision when the country is facing political and economical crisis.
mike alfred

Lifting Oil Ban Can Enhance $1.3 Trillion in The Next 15 Years: Washington - 0 views

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    The expected jobs in the oil industry will increase by 340,000 by the end of 20130. This will be a major success for Iraq and its economy. We know that oil industry of Iraq is the backbone of the country that enhances the revenue of the country and also the major source of employment opportunities in the country.
mike alfred

WB Calls on Government to Change CBI Policy - 0 views

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    The CBI is going to change the monetary policy of the country according to ongoing circumstances of Iraq. What are the changes that central bank of Iraq want to make in the country is not clear and stated publicly. One of the CBI official told that these changes will be according to present economic conditions of the country and will be launched after approval of World Bank and IMF.
mike alfred

Central Bank Invites Foreign Banks in Iraq - 0 views

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    Many foreign banks are already operating in the country and number of new banks is applying for new branches on daily basis. Recently two Lebanon banks applied for new branches in Iraq and the procedure is under operation. Central bank of Iraq is trying to enhance the banking activities in the country that's why third party contract is made with different money transfer companies for the expansion of dollar trade in the country.
mike alfred

Recent Suicide Attacks in Iraq and Its Impact on Dinar RV - 0 views

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    Iraq has never come out of its war state, although troops appear to be withdrawn from the country. The world war is over in Iraq, but there are other ways of hidden wars that Iraq is still facing. Those problems include uncertain conditions of security, weak government, dwindling state of elections, imbalanced budget and many such problems. Recently, Iraq faced several suicide attacks in various parts of the country. This is going to impact badly the current condition of the country.
mike alfred

Enhance The Value of The Local Currency Transactions - 0 views

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    Said financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and goods across international countries that adopt this process. He added that cross-border trade in local currencies in vogue among the countries of the world, pointing to the importance of activating the measures adopted in the present time in the trade of the country.
mike alfred

Iraq's Increasing Oil Production to Strongly Impact Other Exporting Countries - 0 views

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    According to the Kuwaiti Petroleum Company also known as KPC, the increasing production of Iraqi oil will deeply impact the oil exports of all the exporting countries in the gulf region. KPC considers Iraqi oil as its strong competitor in the international market that can reduce its oil export revenue to a sufficient level.
mike alfred

Legislation is the Need for Economic Reform - 0 views

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    The economic legislations are badly needed to bring out country from this economic crisis. The legal experts are trying to find out the ways to bring country out of this crisis as soon as possible. To protect the states resources and implementation of the projects and plans properly, the legal expert Adel Al Lami pointed to lagging in the implementation of projects and the low level of performance.
mike alfred

State Department Must Adopt Local Currency Than USD - 0 views

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    Iraqi Dinar 123 News:- Member Bloc Independent MP Mohammed al-Shammari states that global economy creating crucial situation for every country but we are making some national schemes for the betterment of Iraqi economy. Increase in oil exports by some countries which trying to reduce oil prices in international market also impact these countries' economies.
mike alfred

Auction Sale Balances Demand and Supply of Foreign Exchange - 0 views

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    Iraqi Dinar 123 News:- The central bank of Iraq in its statement said auction sale of foreign exchange in the country is to balance the foreign exchange rate in the market. It is admitted fact that demand and supply of foreign currency in the country create direct impact on the value of local currency in the market.
mike alfred

Authority Taking Steps to Regain Investors Trust - 0 views

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    Iraqi Dinar 123 News:- It was reported that the Government of Iraq understands the factor that foreign and domestic investments are necessary for the country. The security situation has caused a lot of issues for the country. People are not interested to invest in the country.
mike alfred

Poppy Shares Something Extraordinary - 0 views

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    Poppy talks about new banking laws introduce by central bank of Iraq to bring foreign investors in the country. Poppy is of the view that New Banking Laws will attract numbers of foreign investors in the country. It will also be helpful for Iraq to attract bring back those investors who left the country after clashes between security forces and Sunni militants.
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