Latest topics
Fitch Iraq awarded B rating outlook stable outlook
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Fitch Iraq awarded B rating outlook stable outlook
Fitch Iraq awarded B rating outlook stable outlook
March 13, 2017 20:12
Straightforward: given agency Fitch Ratings, Iraq 's B rating, with stable outlook.
Fitch predicted in its report issued on Monday, shrinking the fiscal deficit to 5.1% of GDP during the current year, the deficit narrowed to 8.1% of GDP last year.
The agency noted in its report that this classification, refers to the good financial performance of the state, which has evolved in the first half of 2016, from the level in 2015, exceeding expectations despite the decline in oil prices from the level of government spending.
Fitch predicted, government spending growth of 12.1% during the next three years, which in turn will reduce the reliance on indirect monetary financing by the Central Bank of Iraq.
The report pointed out that Iraq still needs to identify funding sources to meet the financing Fjoth, adding that oil accounts for 50% of the gross domestic product of Iraq and 90% of fiscal revenues.
SOURCE
March 13, 2017 20:12
Straightforward: given agency Fitch Ratings, Iraq 's B rating, with stable outlook.
Fitch predicted in its report issued on Monday, shrinking the fiscal deficit to 5.1% of GDP during the current year, the deficit narrowed to 8.1% of GDP last year.
The agency noted in its report that this classification, refers to the good financial performance of the state, which has evolved in the first half of 2016, from the level in 2015, exceeding expectations despite the decline in oil prices from the level of government spending.
Fitch predicted, government spending growth of 12.1% during the next three years, which in turn will reduce the reliance on indirect monetary financing by the Central Bank of Iraq.
The report pointed out that Iraq still needs to identify funding sources to meet the financing Fjoth, adding that oil accounts for 50% of the gross domestic product of Iraq and 90% of fiscal revenues.
SOURCE
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Mar 27, 2024 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash