Author Topic: Guru payray Article: "The challenges of Iraq's budget .. The search for...  (Read 22 times)

Online arizona49

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10/12/2017  Guru payray   Article:  "The challenges of Iraq's budget .. The search for 20 billion dollars for the reconstruction of liberated cities"   Quote:  "Saleh explained that electricity alone consumes 14 trillion Iraqi dinars (JD = 1180 dinars) from the general budget..."   [is this mean the rate for 2018 budget at 1180...?]  They will make the adjustment when the new rate occurs... Their speaking in terms of what the rate is now of course... Not really knowing when the new rate will come... But here is the thing!... When it does occur, the income flow from taxes due to consumerism within the private sector will help them to repay loans, increase the funding for reconstruction, and allow for any budget shortfalls to be bridged... The ability to bring about an increase in spending for the population of the nation of Iraq is the goal now... The only way for all of these financial obligations to be met within Iraq is the value of their currency to increase substantially... That is the endgame as we near the completion of monetary reform within Iraq...    [PLEASE TAKE COMMENTS POSTED FROM OTHER DINAR SITES AS RUMOR, SPECULATION AND/OR OPINION]