December 7, 2014 at 10:38am
THE HCL/OIL AND GAS + GOI=RV
EQUATION IS NOW COMPLETED AND MANY DO NOT EVEN REALIZE THAT YET.
ALL WE ARE LOOKING FOR NOW IS THE RATE, WHICH WILL BE PRESENTED UNDER IMF ARTICLE VIII, AND IRAQ SHOULD BE MAKING A WORLD TRADE ORGANIZATION ANNOUNCEMENT, WHICH WILL TIE INTO THE OFFICIAL TARIFF ACTIVATIONS WITHIN THE COMING DAYS, AS THE 2015 BUDGET IS PRESENTED SIMULTANEOUSLY
Cosmic Consciousness > EXOGEN:
Iraq is in meeting with IMF in Amman. Hint hint
Iraq hold a round of consultations in Amman with the International Monetary Fund to discuss economic affairs
Posted by BaNDiTo.RoX on December 7, 2014 at 9:35am
Editor Haidar Majid - Sunday 7 December 2014 16:39
held an Iraqi government delegation headed by Finance Minister Hoshyar Zebari , Sunday, in the Jordanian capital Amman round of annual consultations with theInternational Monetary Fund aimed to investigate the effect of the war against al " Daash "on the Iraqi economy and discuss the budget plan 2015 in Iraq .
She said the Ministry of Iraqi Finance said in a statement received "Alsumaria News" copy of it, "Zebari led a delegation with the participation of the Central Bank of representatives of the Ministry of Planning and the Ministry of Oil and a number of financial and economic experts in the Jordanian capital Amman," pointing out that "the delegation held, today, a round of annual consultations between The government and the International Monetary Fund (IMF) ".
The ministry added that "Zebari presented an overview of political, security and economic current situation and the plans and programs of the government in the next phase, in particular the provision of the budget in 2015 to the House of Representatives and the fight against corruption and an administrative and financial reforms.
"She said, "This meeting aims to identify the impact of the conflict and the war against Daash on the economy Iraqi and discuss the budget plan 2015, "indicating that he" was reviewed the situation in the oil sector and the impact of the deterioration of oil prices and economic activity is oil and international needs and market exchange foreign, and there was an exchange of views on the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy.
"It is Oil prices declined considerably in the last period, called the Council of Ministers to form a pentagonal committee, at (November 29, 2014) in order to compress unnecessary expenditure of the ministries within the budget of 2015 to reduce the fiscal deficit is, that the Committee shall submit its report within a period of seven to a maximum of ten days, and then sent to the House of Representatives as a prelude to read and approved. LINK
ARTICLE VIII CONSULTATION FOR IMPLEMENTATION
Dr. Mark > EXOGEN:
Yes, with the dropping of Chapter 7 protection they become immediately "qualified" for Article 8!!!!
R.V. / GCR > EXOGEN:
Theres your Rv
robert > R.V. / GCR:
international with no sanctions ,imf agree for movement ,iraq will release rate immediately imo pt…..the final nail in the coffin we need