Sunday, May 12, 2024
In Numbers: The Rise In Internal Debt In Iraq, 12 MAY
In Numbers: The Rise In Internal Debt In Iraq
Time: 05/12/2024 Read: 624 times {Economic: Al-Furat News} An economic expert revealed that the total internal debt in Iraq increased during the month of last April.
Manar Al-Obaidi said in a statement, a copy of which was received by {Al-Furat News}, that "the total internal debt last April rose to 76.9 trillion dinars, up from the previous month of March by 5%, as the total internal debt of Iraq was 73.2 trillion dinars."
He pointed out that the total debt increased "by 10.39% compared to April 2023, as the total internal debt at that time was 69.7 trillion dinars." LINK
Iraq Is The Largest Producer.. OPEC+ Is Pumping Higher Than Scheduled And In Anticipation Of The June Meeting
Energy Economy News _ Baghdad OPEC+ crude oil production decreased by 210,000 barrels per day on a monthly basis, to 41.04 million barrels per day last April.
This came according to a survey conducted by S&P Global Commodity, as Russia began implementing a deeper production cut amid a series of Ukrainian drone attacks on its refineries.
However, this decline is unlikely to be enough to calm tensions over compliance, with Russia failing to meet its target, and Iraq and Kazakhstan continuing to produce quantities well above their quotas, according to the survey.
However, this decline is unlikely to be enough to calm tensions over compliance, with Russia failing to meet its target, and Iraq and Kazakhstan continuing to produce quantities well above their quotas.
The two countries exceeded excess production by nearly 1 million barrels per day in early 2024, and committed to compensate for this between May and the end of December 2023, and these plans were adjusted depending on future production and OPEC+ policy decisions based on the data.
Iraq and Kazakhstan continued to produce beyond quotas, despite their pledge to compensate for their surplus production in early 2024.
As for the June meeting, the production data for last April will be the talk available to OPEC+ ministers when they meet to determine production levels, and analysts expect the group to extend the current quotas and voluntary cuts.
Iraq produced above its quota last April, when production reached 4.24 million barrels per day, a decrease of only 4%, compared to the previous month, which amounted to 4.28 million barrels per day. Thus, it produced above its quota by 240 thousand barrels per day. Views 20 05/12/2024 - https://economy-news.net/content.php?id=43343
"ABOUT VIETNAM & ZIMBABWE " BY TRUTH WARRIORS, 1 MAY
TRUTH WARRIORS
🇺🇸💥🇺🇸. Viet Nam is becoming a country with many new business adventures. Really progressing to be a major
player in their area of the world! 🇺🇸💥🇺🇸👇👇👇
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🇺🇸💥🇺🇸. Zimbabwe has been dealing with black market dealers and the old currency. Now, all old money should have been turned in and the new Currency has been released. 💥💥💥
It is possible that there will be a float to see how the market prices will determine the value of the new currency being used. Very interesting. 💥💥💥.
It seems that when a stable value is achieved, then the new currency may be put on the forex. This is my conjecture of what I have been reading. 🇺🇸💥🇺🇸👇👇👇
90 Billion Dinars Were Recovered From Social Protection Violators, 12 MAY
90 Billion Dinars Were Recovered From Social Protection Violators
Posted On05-12-2024 By Sotaliraq Yesterday, Saturday, the Social Protection Fund in the Ministry of Labor and Social Affairs counted the money recovered from transgressors since its establishment and during the current year 2024, while explaining the reason for the cessation of its projects.
The Director General of the Fund, Siham Abdel Wahab, said, “(90) billion dinars have been recovered from the beginning of the Fund’s establishment in 2015 until now, while the funds recovered during the current year from the period 1/1/2024 to 4/30/2024 amounted to a limit of (5) billion dinars after the intersection of information and extracting the names of the transgressors.” LINK
"RV UPDATE" BY BEARDED PATRIOTUSA, 12 MAY
BEARDED PATRIOTUSA
The last I heard was that Iraq is waiting on our USTN to be announced.
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🇨🇳🇮🇷CHINESE COMPANIES WON BIDS TO EXPLORE FIVE IRAQI OIL AND GAS FIELDS ON SATURDAY IN A LICENSING ROUND FOR HYDROCARBON EXPLORATION THAT WAS PRIMARILY AIMED AT RAMPING UP GAS PRODUCTION FOR DOMESTIC USE.
AN IRAQI KURDISH COMPANY ALSO TOOK TWO OF THE 29 PROJECTS UP FOR GRABS IN THE THREE-DAY LICENSING ROUND ACROSS CENTRAL, SOUTHERN AND WESTERN IRAQ, WHICH FOR THE FIRST TIME INCLUDES AN OFFSHORE EXPLORATION BLOCK IN THE COUNTRY'S ARAB GULF WATERS. REUTERS.COM/BUSINESS/ENERGY/… ...
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EXCERPTS FROM MNT GOAT, 29 SEPT
EXCERPTS FROM MNT GOAT So, the CBI has told us just recently that Electronic Banking is an important step in the currency reform and bankin...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY! Nader From The Mid East Y...