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mike alfred

Efforts For Economic Betterment Are Not Enough: Senior Economists - 0 views

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    Iraqi Dinar 123 News:- The economic conditions of the country can be handled and tackled in a much better way. The senior economists are making sincere efforts for a better system of management of the economy. All those people who know that Iraq is struggling due to its economic conditions should know that Iraq is trying to make sincere efforts to make it better.
mike alfred

Iraqi Economy Not Affected According to Economists - 0 views

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    Iraqi Dinar 123 News:- According to recent news from Baghdad, the banking sector is being influenced by the Iraqi Economy. It is a good idea to withdraw money and capital and invest in the Kurdistan region. The money is not too much how ever it can be termed as an asset for the Iraqi banks.
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

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

Revaluation of Trade and Business in Iraq - 0 views

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    Iraqi Dinar 123 News:- Economists welcomed the relation of trade that started again after a long break. The trade started between Baghdad and the rest of the world. The Rafidain Bank in London has reopened which is a great thing for Iraq. Its closure caused problems for the country as it helped Iraq in the financial markets.
mike alfred

Basic Emphasis on Exports of Oil Taxes - 0 views

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    It was stated that the economists have stressed upon collecting money in the form of taxes from the people. This is being done to lay less emphasis on the oil sales which may suffer due to the present conditions of the country. the Parliament and the Economic committee knows that the collection of funds by the government would help in collecting better revenue which has been sides by the Ministry of Finance and Planning.
mike alfred

New Exchange Rate is Expected in June - 0 views

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    The economists are expecting the new exchange rate from central bank of Iraq in May 2014 and advising the international companies to deal accordingly. Some people are of the view that central bank will not be able to issue the new rate until the declaration of annual budget of Iraq.
mike alfred

Iraq's Dual Exchange Rates and Its Effects - 0 views

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    After a huge criticism on monetary policies of central bank of Iraq by economists and government of Iraq, the central bank of Iraq introduced de facto dual exchange rate system in the country. This system allowed central bank of Iraq to control the value of dinar in the country as well as in the global market. According to this system, Iraq introduced two exchange rates for the different sectors of the economy.
mike alfred

Iraq Market Economy And Increasing Role of Its Government - 0 views

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    The role of the Iraq government is increasing or decreasing in the economy of Iraq is not clear and has two different opinions. Some economists believe that the role of central bank s increasing in the economy of Iraq and some believe it is not. Being independent body, the central bank of Iraq is responsible for all the economic policies of Iraq.
mike alfred

CBI Has Enough Reserves to Remedy The Crisis - 0 views

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    Iraqi Dinar 123 News:- With the view point in the perspective of recent law and order situation of Iraq, the experts and economists wanted to know how central bank can survive in the recent situation.
mike alfred

Current Bank Deposits are 70 Trillion Dinars - 0 views

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    Iraqi Dinar 123 News :- It was announced by the expert economists that the bank deposit in Iraq are equal to 70 trillion dinars. These deposits are for the use of the government and private sectors for the growth of the country for the revival of the economic system.
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.
mike alfred

Banking System Needs Improvement - 0 views

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    Iraqi Dinar 123 News :- Economists have said that the banking sector of Iraq needs development according to the latest techniques followed all over the world. The first thing to do is that the central bank of Iraq needs to raise its capital to 250 billion dinars for each bank.
mike alfred

Is RV Expected in June? - 0 views

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    Most of the people are discussing the June for revaluation, on the different economic forums. Dinar gurus and other economists are so confident for big economic changes in Iraq. Hopefully these changes can be related to RV. Some of them expecting revaluation before June and some are not in the favor of this expectation.
mike alfred

Economy of Iraq After General Elections 2014 - 0 views

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    People of Iraq are waiting for election results 2014. The international companies operating in Iraq are also waiting for election results because they are expecting the budget approval after the final results. The economists are expecting some positive changes in the economy of Iraq after declaration of budget. Approval of budget means resolving the issues between Baghdad and Erbil.
mike alfred

Foreign Banks Migration From Iraq Have a Bigger Impact - 0 views

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    According to an economist Raad Twigg it has been seen that the foreign banks would be migrated from Iraq. The migration would be done to reduce the risk of presence in Iraq due to the security condition. It would be called a false migration and would actually be a strategic plan to handle things.
mike alfred

Giving Away Money Without Guarantee - 0 views

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    Economists have told that giving out loans without a proper guarantee would just be a burden on the state treasury. They stated that it is important to have proper guarantees and follow a set procedure to get loans so that they are beneficial for the state as well.
mike alfred

New Expectations of Currency Revaluation - 0 views

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    Iraqi Dinar 123 News :- It was revealed by the economists of Iraq that the revaluation of the currency or deleting zeroes from the dinar is not a good idea at this stage in time. The country is facing several issues including economic, security, monetary and several other issues.
mike alfred

The Recent Gold Purchase, Iraqi Dinar RV and the Dream of Stable Economy - 0 views

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    The central bank of Iraq purchased 36 tons of the gold ingot in the month of April 2014 to increase the gold reserves of the country and ultimately to enhance the value of Iraqi dinar in local and international market. this purchase increased the gold reserves of Iraq by 90 tons in 2014. The purchase of this huge quantity surprised economists all over the world.
mike alfred

Iraq Current Economic Profile and Future Predictions - 0 views

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    A move of the Central Bank of Iraq, which surprised the economists in all over the world is the purchase of 36 ton gold reserves worth $ 1.36 billion to help and stabilize the economy of Iraq and to make the Iraqi dinar stronger against the other currencies.
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