Some quick highlights for July 30 2009

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nmc.gov.iq, in a google translated article, apprears to announce the deposit of 47+ billion in unfrozen assets. Unfrzen or released assets might be a good sign regarding the Chapter 7 restrictions, but there’s been no confirmation of this yet.

Alsumaria reports that the max retiree income has been capped at 220,000 Iraqi Dinar and a max addition of 70,000 dinars may be given to first class workers who retired before 2008.

Is that per year, month, or day? Inquiring minds want to know!

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2 responses to "Some quick highlights for July 30 2009"
Mark M said:
July 31, 2009

More info on released funds for Iraq:

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Iraq collects $48 million blocked for 19 years
(AFP)

30 July 2009
BAGHDAD – Iraq has collected around 48 million dollars blocked for 19 years in an account at the London branch of an Italian bank because of a lawsuit, the oil ministry said on Thursday.

The money, intended to finance a proposed pipeline between Iraq and Saudi Arabia, had been held by Intesa Sanpaolo since 1990 when Iraqi dictator Saddam Hussein invaded Kuwait.

The release of the funds follows an application by the ministry to a court in London, the statement said.

Mark M said:
July 31, 2009

Found a dinar rumor, maybe not a rumor, but definitely in line with this post:

http://translate.google.com/translate?hl=en&u=http://www.ipairaq.com/index.php%3Fname%3Dinner%26t%3Dpolitics%26id%3D13905&prev=/language_tools&rurl=translate.google.com

Iraq is asking jordan to release a half billion dinars or dollars to them. That’s a lot of cheese!

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