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Tag: Economic Experts

Iraqi Currency to Collapse by Withdraw Funds from CBI Reserves: Economic Experts

Iraqi Currency to Collapse by Withdraw Funds from CBI Reserves: Economic Experts

Iraqi Dinar 123 News:– A large number of economic specialists and experts warned about collapse in the Iraqi local currency due to withdraw funds by the government from the reserves at Iraqi Central Bank in order to manage deficit problem of Iraqi federal budget 2016. Most of the economic experts stressed that Iraqi government should find other alternatives and the issuance of its sovereign bonds, and motivate Iraqi citizens for savings to meet the challenges of the financial crisis. According…

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Iraq will Experience Economic Failure During 2016: Economic Experts

Iraq will Experience Economic Failure During 2016: Economic Experts

Iraqi Dinar 123 News:– The continuous downfall in the global oil prices since last six years with the lowest levels alarmed the economies for the oil producing countries, specifically for those that depend only on their revenues generated by the export of oil such as Iraq. It is important that at least 93 percent of Iraqi oil revenues are allocated for the Iraqi annual federal budget. It also negatively affected the Iraqi economy by continuous variations happening in the global…

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Financial Entities Must Take Part in Local Indirect Investments: Economic Experts

Financial Entities Must Take Part in Local Indirect Investments: Economic Experts

Iraqi Dinar 123 News:– A famous economic expert and researcher Lubna Al Shammari said that non-banking financial units should contribute and involve in local indirect investments for sale of cash by the Iraqi Central Bank in order to get more benefits and to put forward the detached investment funds in this scenario for being more secured and lower risk investments. Al Shammari further said in a press interview that there are guaranteed investment benefits with the existence of lower risk…

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Iraq’s Economic Progress Much Depends on RV: Experts

Iraq’s Economic Progress Much Depends on RV: Experts

Iraqi Dinar 123 News:– A number of economic experts and financial specialist warned that Iraqi dinar is continuously losing its value in the market. The Iraqi dinar is declining against the foreign currencies especially against the U.S dollar which would be harmful for the economy of Iraq. They advised to take some major and quick actions to solve this major problem to stabilize Iraqi dinar exchange rate and to save the Iraqi economy. Some authentic resources said that now the…

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No Decision Made About Deletion of Three Zeros

No Decision Made About Deletion of Three Zeros

Iraqi Dinar 123 News:– On Monday, most of the economic experts pointed out that these changes are much necessary for the stability of Iraqi currency. A parliamentary Finance Committee member Ahmed Hama Rashid said that the existing zeros in Iraqi currency are from four year and we have received several proposals to eliminate the zeros from Iraqi dinar currency, but he said that this is not the right time for this kind of project. The present time is specific for…

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Dinar Investors Waiting For The Deletion of Three Zeros

Dinar Investors Waiting For The Deletion of Three Zeros

Iraqi Dinar 123 News:– Most of the economic experts and MPs experts in economic and financial affairs are continuously requiring in starting the process in this year of introductory implementation of the project to eliminate the three zeros from the Iraqi dinar. It would leave a wonderful impact on the Iraqi local economy and Iraqi currency. It will also minimize the very heavy load of digital accounts and make it ease in the accountant’s work in transferring the money. According…

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30 Trillion Iraqi Dinar Deposits Ready to Get Invested

30 Trillion Iraqi Dinar Deposits Ready to Get Invested

Iraqi Dinar 123 News:– A number of economic experts have three proposals to manage the expected shortfall in the Iraqi budget 2015, in the foreground of the bank deposits. These proposals came during a seminar which was organized by the Iraqi Institute for Economic Reforms, in which they discussed about the ways to get hold of the economic crisis, faced by the Iraq. Selling bonds, the deposit reached at 30 trillion dinars and government is looking to calculate the ration…

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Investment Law Activation Can Boost Stock Market: Experts

Investment Law Activation Can Boost Stock Market: Experts

Iraqi Dinar 123 News:– The stock exchange of Iraq is operating better than the nearby countries according to economic experts. If we observe the recent security situation of Iraq, the performance of Iraq stock exchange is satisfactory. Unfortunately, the stock exchange doesn’t have any investment law to support local and foreign companies. The experts suggest Iraq parliament to prepare and approve the investment law for local and foreign companies to assist stock exchange. In the absence of investment law, the…

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