BondLady & Tlm724 – News & Comments
Hadithi confirms the government’s efforts to enable the private sector and explains the mechanism of government loans
01/06/2016 07:10 | Direction Press / follow-up He said media spokesman of the Office of the Prime Minister Saad al-Hadithi, the government seeks to enable the private sector to take its role in the advancement of the economic reality of the country as to explain the mechanism of government loans approved by the Council of Ministers meeting on Tuesday.
A newborn in a press briefing on Wednesday that the “commitment of the government to implement a comprehensive reform program, which announced a few months ago axes Cabinet has agreed in its meeting yesterday to launch a Government loan to the sectors of housing, industry and agriculture form the amount of $ {6.5 trillion dinars} as part of the focus of economic reform,
which seeks through the government to restructure the Iraqi economy and guidance that will ensure his stay on the basis of sound and diversify its economy, and transportation of a yield to the productive economy and the transformation of the economic system of the State of the consumer system to multi-resource production system. ”
He added, “The approval comes on the immediate launch of loans to constitute a quantum leap in the restructuring of the system of the Iraqi economy and the stage milestone in the path of the development of a new vision to address the situation of imbalance that currently afflicting that have emerged in traveled far the collapse in oil prices in world markets, which makes it imperative for the government to start the course processors radical and decisive as part payment towards the recovery of the economic situation of the country. ”
And between, he said, “In this context we would like to point out a number of important points regarding the Government’s vision and objectives and mechanisms of lending: It is with respect to the vision: the government is seeking to enable the private sector to take its role in the advancement of the economic reality of the country by overcoming the difficulties it faces,
and to provide the necessary liquidity through soft loans and benefits suitable for rehabilitation and the establishment of modern factories and laboratories, and helping to move the market economy, and reduce the recession, which happened due to lower oil prices.
He said, he was “in relation to the objectives they are providing new business opportunities for the private sector is estimated at {250} thousand jobs include: {the youth category, class graduates, women breadwinners, people with special needs, the rural population} in the housing sectors, construction, industry, and Agriculture and assistance in dealing with the housing crisis,
establish or purchase of more than 36,000 housing units and to encourage the private sector to rehabilitate and operate laboratories productivity stalled, and the introduction of modern technologies, including more than 330 plants and factories and processing of raw materials and supplies industry and industries for agricultural and industrial manufacturing and encourage projects that take place within the industrial cities “.
He went on saying that “the goals also include reducing the import of goods and products through alternatives of goods national industry Iraqi agricultural products production, including more than 50 product or an Iraqi product and promote national exports competitive products and goods of other countries, producing ten of goods for export and legalization of foreign currency supply and reduce the demand by 10%. ”
As for lending mechanisms between the newborn by saying that “the mechanism include divide the proportion allocated to borrow on different sectors amounts as: housing sector: through the Housing Fund and the bank’s real estate 1700 billion dinars., The industrial sector: through the Industrial Bank 1650 billion dinars, the agricultural sector: through the agricultural Bank in 1650 billion dinars, micro-enterprises: by private banks in 1500 billion dinars. ”
He pointed out that “these loans are distributed to the provinces according to the credit of a plan submitted by the concerned bank and 80% as a benchmark for rates of population and 20% as the standard for the degree of poverty in the province and to be a student loan Iraqi company, association, or individual Iraqis aged 22 and above and the entire civil and be of interest on loans of 2% for the loan of the housing sector and 4% for the rest of the loans also be allocated for each loan amounts as:
Housing loan of 50 million dinars, industrial and agricultural sectors loans as follows: – small business loans up to a maximum of 500 million dinars {SME loans a maximum of three billion dinars} {loans of major projects in excess of three billion dinars provided it does not exceed its upper limit of 20 billion dinars} {loans strategic projects that more than 20 billion dinars} the term of repayment of the loan as follows: {ten years for loan Housing}
And {to five years for loans other except for a period of grace for a period of one year from the date of the first batch of student loan disbursement}. ”
He continued by saying that “the concerned bank will launch the website hotline phone service for the purpose of monitoring the borrower stages of completion of treatment and support on-site detection of the project to be financed and the guarantee of real estate {if any} and Electronic systems and possible in order to control projects and follow-up of good implementation,
and link these systems administration public Bank, and provide monthly reports of the Supreme Committee supervising the lending programs and posted on the bank’s website Supreme Committee with the General administration of Bank committees constitute a follow-up to verify the proper implementation of the project and the continuation of his work and scrutiny of grants made by the procedures. ”
He concluded by saying that “either bank branches or offices whatsoever, the bank concerned update information of the borrower on a regular basis and based grants for projects quality borrowers within this program certification procedures. http://aletejahtv.org/index.php/permalink/113941.html
[tlm724] the government seeks to enable the private sector to take its role in the advancement of the economic reality of the country
[tlm724] to explain the mechanism of government loans approved by the Council of Ministers meeting on Tuesday
[tlm724] Cabinet has agreed in its meeting yesterday to launch a Government loan to the sectors of housing, industry and agriculture form the amount of $ {6.5 trillion dinars} as part of the focus of economic reform
[tlm724] The approval comes on the immediate launch of loans to constitute a quantum leap in the restructuring of the system of the Iraqi economy and the stage milestone in the path of the development of a new vision to address the situation of imbalance that currently afflicting that have emerged in traveled far the collapse in oil prices in world markets, which makes it imperative for the government to start the course processors radical and decisive as part payment towards the recovery of the economic situation of the country.
[tlm724] think the IMF is pushing some buttons behind the scenes Wink
[tlm724] the vision: the government is seeking to enable the private sector to take its role in the advancement of the economic reality of the country by overcoming the difficulties it faces, and to provide the necessary liquidity through soft loans and benefits suitable for rehabilitation and the establishment of modern factories and laboratories, and helping to move the market economy,
[tlm724] helping to move the market economy
[tlm724] theres the push Wink
[tlm724] including more than 330 plants and factories *mission*
[tlm724] He went on saying that “the goals also include reducing the import of goods and products through alternatives of goods national industry Iraqi agricultural products production, including more than 50 product or an Iraqi product and promote national exports competitive products and goods of other countries, producing ten of goods for export and legalization of foreign currency supply and reduce the demand by 10%.
[tlm724] Electronic systems and possible in order to control projects and follow-up of good implementation, and link these systems administration public Bank, and provide monthly reports of the Supreme Committee supervising the lending programs and posted on the bank’s website
[tlm724] this whole article is worthy of reading, it lays out the plan
http://www.bondladyscorner.com/t168878-hadithi-confirms-the-government-s-efforts-to-enable-the-private-sector-and-explains-the-mechanism-of-government-loans
~~~~~~~~~~~~~~~~~
20 Ambassador of a foreign country were holding a conference on Friday to support the marshes Nasiriyah
02/06/2016 09:38 |Direction Press / Baghdad Foreign Minister Ibrahim al-Jaafari with a delegation from the province of Dhi Qar, the inclusion of the marshes and monuments in the World Heritage list, and the role of the Ministry of Foreign Affairs in support of this file and put pressure on countries to vote in favor of accession to the marshes and the effects of World Heritage file.
The head of the provincial council, Hamid Gazan in a statement received “direction Press” a copy of it today, “The delegation stressed the importance of activating the role of the Foreign Ministry in the diplomatic communication with UNESCO Member States to ensure her vote in favor of the Iraq dossier submitted by the annexation marshes and the effects of the south to the list of heritage Global”.
Gazan and noted that “the foreign minister pledged to harness the potential of the ministry and invest its good relations with most of the Member States of UNESCO in order to secure their support and vote in favor of accession to the marshes and the effects of the World Heritage List.”
The head of the Dhi Qar Hamid Gazan was revealed Tuesday, on the visit of a government delegation headed by al – Jaafari and representatives of the presidency, and a number of officials from the ministries concerned, and the ambassadors of more than 20 countries on Friday to Dhi Qar province to hold a conference to support the accession of the marshes and the effects to the list of heritage global and highlight these areas.
http://aletejahtv.org/index.php/permalink/113960.html
[tlm724] the ambassadors of more than 20 countries on Friday to Dhi Qar province to hold a conference to support the accession of the marshes and the effects to the list of heritage global and highlight these areas.
http://www.bondladyscorner.com/t168879-20-ambassador-of-a-foreign-country-were-holding-a-conference-on-friday-to-support-the-marshes-nasiriyah
~~~~~~~~~~~~
Reference Fayad: Victories people on terrorism must be a catalyst of political forces[/size]
02/06/2016 10:39 | Direction Press / Najaf Counting the religious authority, Sheikh Ishaq al-Fayad, victories of the Iraqi people against terrorism, he has embarrassed the political forces to Tlkoha his service. ”
He congratulated the reference Fayad during a speech delivered on his behalf by Sheikh Ali al-Rubaie in the 30th National Congress of the whistleblowers and informants held this morning in the city of Najaf followed up “direction Press” that “the sons of the popular envy Pantsarathm successful on the mightiest forces of terrorism and commend Pthmlhm by the Iraqi army and security forces out victories liberation were not reaping the fruit of their intention nor the patience. ”
He stressed that “this solidarity highlighted by the people in front of the brutality of terrorism should be a catalyst and awkward at the same time political forces lagging in the country and that despite the claims and demonstrations bad indeed for the performance of state institutions, but was not successful until now reforming pick up the pieces in their facilities and to represent the aspirations of the people and to reap his the fruits of his success in overcoming adversity. ”
He said “we join and affirm our call to the other appeals claim the need Maamh political parties and actors in and outside parliament towards perform effectively and convincingly to segments of the population Observer of their performance and concern for its impact on the effectiveness of the government’s performance and the work of the parliament and implementation of decisions that are in the interests of the people and including associated precious life.”
And the reference measurement that “young people are the power of the nation and drive its renaissance, the Magistrate secretly repaired Alanathm and abounded in this time ills for many reasons not hidden some of the sons of Islam was not suited their situation, but proofed in the ground are valid from the guidance and good word, and the project aims Flakm their term and understand their problems and help them solve bleaching Page their souls. ”
“The club officials in the state to care for young people who do not find work Atsagon done to maintain and invest their energies not seen themselves so comprehensive and clear answer that there is nothing wrong Mnabarakm be wise manner, noting the need for this thing before it’s too late.”
“The believers in this holy month Ieironkm hear of and Istqwon including cast them to fight the self is inclined towards evil and Satan Faihtajon to those it gives reason for hope in them and strengthen them to obey their Lord, noting that” hopefully you that you will be serious about monitoring the negative phenomena that affect the believers meeting and differentiate among them are not in line with Shara religion does not stop you for the guidance of the people they are accustomed manner inconsistent with the provisions controls and the Sunnah. ”
Fayad stressed ” the need to urge the faithful to lose each other, especially the families and the families of theMujahideen who Arksoa Izaz souls for the sake of the country and they generally terrorists and murderers , it is a penalty these Mujahideen benefactors succession face optimized as they left.” The sa http://aletejahtv.org/index.php/permalink/113985.html
Bondlady: “this solidarity highlighted by the people in front of the brutality of terrorism should be a catalyst and awkward at the same time political forces lagging in the country and that despite the claims and demonstrations bad indeed for the performance of state institutions, but was not successful until now reforming pick up the pieces in their facilities and to represent the aspirations of the people and to reap his the fruits of his success in overcoming adversity. ”
He said “we join and affirm our call to the other appeals claim the need Maamh political parties and actors in and outside parliament towards perform effectively and convincingly to segments of the population Observer of their performance and concern for its impact on the effectiveness of the government’s performance and the work of the parliament and implementation of decisions that are in the interests of the people and including associated precious life.”
tlm724: but was not successful until now reforming pick up the pieces in their facilities and to represent the aspirations of the people and to reap his the fruits of his success in overcoming adversity
http://www.bondladyscorner.com/t168882-reference-fayad-victories-people-on-terrorism-must-be-a-catalyst-of-political-forces
~~~~~~~~~~~~~~~~
Reference Najafi emphasizes control officials and alert them to any shortening
02/06/2016 11:03 | Direction Press / Najaf He stressed the religious authority, Sheikh Bashir al-Najafi, monitor officials and alert them to any failure to perform his duty.
He said the reference Najafi in his speech he delivered on his behalf by his son Sheikh Bashir al – Najafi in the 30th National Congress of the whistleblowers and informants , which was held this morning under the slogan ( the month of Ramadan , a guidance and reform) followed up “direction Press” :
“We must be responsible monitoring and follow – up actions closely and alert minors and negligent providing advise them to serve thepeople of the oppressed and to teach incumbents that they are trustees for the people and wealth , and infringement upon the injustice can not be tolerated. ”
“It has to be attention councils Husseinia and invite people to it to get closer to God and the Great Prophet and the home, and lose social councils and I mean forums, clans and Mzaiv Senate to link leaders and clan elders, religious Hawza understand the supporters of the estate and its agents.”
He called al-Najafi, the reference to “lose the martyrs’ families financially and morally urged people to this duty of moral, religious and national attention orphans of martyrs and honor of them feel that they are the fruits of Islam and its extension and the campaign of the national banner of Iraq and notice people’s success to serve them.”
He stressed , “We must control officials and follow their actions closely and alert minors and negligent and advise them to serve the people of the oppressed and to teach incumbents are the trustees of the people and wealth , and infringement upon the injustice can not be tolerated.” The sa http://aletejahtv.org/index.php/permalink/113986.html
Bondlady : his speech he delivered on his behalf by his son Sheikh Bashir al – Najafi in the 30th National Congress of the whistleblowers and informants ,
which was held this morning under the slogan ( the month of Ramadan , a guidance and reform) followed up “direction Press” : “We must be responsible monitoring and follow – up actions closely and alert minors and negligent providing advise them to serve thepeople of the oppressed and to teach incumbents that they are trustees for the people and wealth , and infringement upon the injustice can not be tolerated. “……………………..
He stressed , “We must control officials and follow their actions closely and alert minors and negligent and advise them to serve the people of the oppressed and to teach incumbents are the trustees of the people and wealth , and infringement upon the injustice can not be tolerated.”
tlm724 thanks BL this is a good reminder how powerful the religious authority is and how they can influence the mood and the state of the country
http://www.bondladyscorner.com/t168883-reference-najafi-emphasizes-control-officials-and-alert-them-to-any-shortening
~~~~~~~~~~~~~~~~
Breaking news from the satellite channel direction to Asiacell and Zain subscribers and Cork
02/06/2016 09:10 | Direction Press Breaking news from the satellite channel direction to subscribers Asiacell and Zain and Korek
For the arrival of breaking news wherever you are in Iraq, and to relieve you from the hassle ofsearching the Internet, was activated breaking news service through SMS text messaging and networks ” Asiacell ” and ” Zen ” and ” Cork .”
Bouteflika sack the central bank governor
01/06/2016 05:43 | Direction Press Reuters quoted a government that exporters Algerian President Abdelaziz Bouteflika sacked on Tuesday, the central bank governor who has come under pressure from opponents of the ruling party on its management of the repercussions of falling world oil prices.
And it shall Mohammad Laksaci the position of Governor of the Central Bank for more than 10 years.
She said local media that Bouteflika held a meeting with the Council of Ministers in the early hours Tuesday.
The agenda included a number of laws and important files, projects, meeting with political, social and economic in nature, and several membership regarding the electoral system laws.
He will replace Laksaci as central bank governor Mohammad Glocal director general of the Bank of Algeria.
Isolate the Governor of the Central Bank comes at a time when Algeria is facing a decline in world oil prices, which led to a decline in energy revenues and the devaluation of the dinar. jh http://aletejahtv.org/index.php/permalink/113933.html
tlm724: just shows how quickly things can change
http://www.bondladyscorner.com/t168890-bouteflika-sack-the-central-bank-governornot-iraq-but-important-or-interesting-info-piece
~~~~~~~~~~~~~~~
Jones: Iraqi development reform program will address the delayed 4000 project and reduces corruption and waste
Author: AB, HH, MK Editor: AB, HH 2/6/2016 11:26 Long-Presse / Baghdad
Confirmed US ambassador to Iraq, Stuart Jones, said Thursday that the Iraqi development reform program will enable the government of its budget to better manage and treat delayed four thousands of a project, and promised “a major breakthrough” contribute to the improvement of living conditions in Iraq, while pointed out that it would allow the government contracted with reputable companies and mitigation of “corruption and waste.”
Said Stuart Jones, in a speech during the launch of “development reform” program in Iraq relying on Iraqi development management program which was held at the Rashid Hotel in central Baghdad conference, attended by (long-Presse), he said that “the happiness to attend this event to celebrate the launch of two important, namely, electronic system to oversee the state budget and the second standard documents developed a program which requires specific documents regular presentations in the field. ”
He said Jones, “These initiatives are implemented at the local and international Almistoan necessary to improve services for the Iraqi people, and ensure that the principle of transparency and fairness in any rational system,” and expressed his happiness “to achieve this feat through a partnership of the United States of America with the Iraqi government and the Ministry of Planning.”
He stressed Jones, that “the system standard documents of the presentations will improve the system of procurement, the Iraqi government was able to contract with reputable companies, and reduce delays, corruption and waste, which leads to the result of Iraq’s integration with the international economy,” noting that “this partnership enabled the Office of the Governor of Babylon implement a project worth $ 30 million, is going to feel its consequences by 2018 to improve electricity and water services and improve the lives of hundreds of thousands of Iraqis. ”
The ambassador noted, that “there is also a partnership with the Department of Transportation $ 350 million for the purchase of five boats,” pointing out that “the launch of this system will enable the government to better manage its budget and address the problems that led to the delay of four thousands of a project.”
He continued Jones, that “transparent and effective management of the investment management of Iraq provides new jobs and investment projects implemented quickly and fair”, she returned it, “a major breakthrough for the implementation of projects effectively to improve the situation in Iraq and their standard of living.”
The Finance Minister Hoshyar Zebari announced that, in the (19 May 2016), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, while the loan will allow securing additional financial assistance to reach about $ 15 billion over three years next, Governor of the Central Bank of Iraq, on the Keywords confirmed that the annual interest of the loan up to 1.5 percent.
Iraq and live a severe economic crisis due to lack of liquidity and government assurances ongoing need for austerity and reduced government spending, while the country faces a constant war with al (Daash) financial drain energies significantly. LINK
[tlm724] US ambassador to Iraq, Stuart Jones
[tlm724] that the Iraqi development reform program will enable the government of its budget to better manage and treat delayed four thousands of a project, and promised “a major breakthrough” contribute to the improvement of living conditions in Iraq
[tlm724] like some breakthroughs Very Happy
[tlm724] Said Stuart Jones, in a speech during the launch of “development reform” program in Iraq relying on Iraqi development management program which was held at the Rashid Hotel in central Baghdad conference, attended by (long-Presse), he said that “the happiness to attend this event to celebrate the launch of two important, namely, electronic system to oversee the state budget and the second standard documents developed a program which requires specific documents regular presentations in the field. ”
[tlm724] he said that “the happiness to attend this event to celebrate the launch of two important, namely, electronic system to oversee the state budget and the second standard documents developed a program which requires specific documents regular presentations in the field. ”
[tlm724] oversight and electronic monitoring, I been screaming that for years now
[tlm724] He said Jones, “These initiatives are implemented at the local and international Almistoan necessary to improve services for the Iraqi people, and ensure that the principle of transparency and fairness in any rational system,”
[tlm724] and what was on the list of conditions from the IMF ???
[tlm724] transparency !!!!!!!!!!!!
[cstacy] LIKE THAT
[tlm724] you bet !
[shunshine] me too
http://www.bondladyscorner.com/t168893-jones-iraqi-development-reform-program-will-address-the-delayed-4000-project-and-reduces-corruption-and-waste
~~~~~~~~~~~~~~~
Iraq called “development reform” program in cooperation with the agency and an American
Author: AB, HH, MK Editor: AB, HH 2/6/2016 11:12 Long-Presse / Baghdad
The Iraqi government launched on Thursday, “development reform” program based on ethnic development management program in cooperation with the US Agency for International Development, and promised him the “advanced” and shift “quality” to draw the development and improvement of its contracts plans systems, while confirming its quest to move towards reform, she noted that the liberation of the city of Fallujah from the control of the organization (Daash) will greatly affect the economy.
He said Planning Minister Salman Jumaili in a speech on behalf of Prime Minister Haider al-Abadi, during the launch of the “development reform” program in Iraq relying on Iraqi development management program which was held at the Rashid Hotel in central Baghdad conference, attended by (long-Presse), “The Liberation the city of Fallujah would have a significant economic impact on Iraq “, offering the greeting” Iraqi fighters who have contributed in the liberation of Fallujah. ”
He Jumaili, that “the exact circumstances of sensitive faced by the country require the government developmental reality treatment, which requires a strong political will to correct the wrong tracks, to improve performance and provide better services level, which requires sophisticated systems such as those in the developed countries of the world,” noting “The Ministry of planning and development Department was able to accomplish in Iraq, a program for follow-up projects and monitoring indicators to them.”
The Jumaili, that “the project which was completed in collaboration with the project (thread), the US Agency for Development, will enable the Ministry of Planning of integrated policy-making, where the system will be integrated with statistical indicators to enable us to formulate development plans, as well as integration plans in planning programs, and integrates with engagements system done by the Ministry, and the Ministry of Finance for the construction of public budgets of the state by improving government contracting, “returned to” the completion of advanced systems indicates a willingness by the government and the Ministry of planning to move towards reform. ”
He Jumaili, “These advanced systems will have a clear impact in the development and face difficult challenges process,” Thanks in advance “of the US Agency for Development.”
He Jumaili, that “the project did not see the light of the insistence of the Angels nor the Ministry of Planning at all levels to interact with these two projects,” returned it “a qualitative leap in the management of the Iraqi state.”
For his part, program manager (thread), the US Agency for Development Nael Shabaro, that “Iraq is ranked 112 out of 180 countries for 2015 in the development projects despite the government’s allocation of $ 300 billion for those projects,” noting that “it summoned the decisive intervention by the Ministry of planning and directed by the Minister of planning and depending on the development program in cooperation with the program (thread) to develop the system with major international companies to speed up the implementation of these projects. ”
He explained Shabaro, that “The ministry has established a specialized center to support the ministries and provinces to train for the program, where he participated 950 employees from various ministries, has been providing technical support for 20 ministries and 15 provinces to re-structure the contract management and archiving files and execution of contracts,” stressing that “the implementation of the contracts will be mandatory starting of the month of July, and contracts will be translated in English, “pointing to” the rehabilitation of ten experts to follow up on those contracts. ”
The Finance Minister Hoshyar Zebari announced that, in the (19 May 2016), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, while the loan will allow securing additional financial assistance to reach about $ 15 billion over three years next, Governor of the Central Bank of Iraq, on the Keywords confirmed that the annual interest of the loan up to 1.5 percent.
Iraq and live a severe economic crisis due to lack of liquidity and government assurances ongoing need for austerity and reduced government spending, while the country faces an ongoing war with the organization (Daash) financial drain energies significantly. LINK
[tlm724] “development reform” program based on ethnic development management program in cooperation with the US Agency for International Development
[tlm724] US Agency for International Development
[tlm724] thats ^^^ what I was looking at, their site, no news from them yet
[tlm724] The ministry has established a specialized center to support the ministries and provinces to train for the program, where he participated 950 employees from various ministries, has been providing technical support for 20 ministries and 15 provinces to re-structure the contract management and archiving files and execution of contracts,”
stressing that “the implementation of the contracts will be mandatory starting of the month of July, and contracts will be translated in English, “pointing to” the rehabilitation of ten experts to follow up on those contracts. ”
The Finance Minister Hoshyar Zebari announced that, in the (19 May 2016), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, while the loan will allow securing additional financial assistance to reach about $ 15 billion over three years next, Governor of the Central Bank of Iraq, on the Keywords confirmed that the annual interest of the loan up to 1.5 percent.
http://www.bondladyscorner.com/t168895-iraq-called-development-reform-program-in-cooperation-with-the-agency-and-an-american
~~~~~~~~~~~~~~~
Abadi Office shows new lending mechanisms to restructure the Iraqi economy
06/01/2016 20:58 Tomorrow Press / Baghdad :
Counting the Information Office of the Prime Minister, Haider al – Abadi, said on Wednesday that the launch of residential, industrial and agricultural loans, amounting to 6 trillions of and 500 billion dinars, constitutes a ” quantum leap ” for the restructuring of the Iraqi economy and address the ” imbalance ” ,
which is currently suffering from it, indicating that it aims to enable the the private sector to take the role for the advancement of economic reality and overcome the difficulties they are facing, and to provide cash needed for the rehabilitation or the establishment of new factories and plants, and reduce the recession – induced decline in oil prices .
A spokesman for al – Abadi , Saad al – Hadithi Office said in a press statement received ” Tomorrow Press ” , that ” the Council of Ministers approved in its meeting yesterday to launch a Government loan to the sectors of housing, industry and agriculture form the amount of $ [ 6.5 trillion dinars ] as part of the focus of economic reform , which seeks through government to restructure the Iraqi economy and guidance that will ensure his stay on the basis of sound and diversify its economy , and transportation of a yield to the productive economy and the transformation of the economic system of the State of the consumer system to multi – resource production system . ”
He added that ” to approve the immediate release of loans come to constitute a quantum leap in the process of restructuring of the system of the Iraqi economy and the stage milestone in the path of the development of a new vision to address the situation of imbalance that currently afflicting that have emerged in traveled far the collapse in oil prices in world markets , which makes it imperative for the government to begin processors radical and decisive as part payment towards the recovery of the economic situation of the country .
According to Sabri said ” the government ‘s vision on this matter comes to the quest to enable the private sector to take its role in the advancement of the economic reality of the country by overcoming the difficulties it faces, and to provide cash needed through soft loans and benefits suitable for rehabilitation and the establishment of factories and modern laboratories, and helping to move the market economy and reduce the recession , which happened due to lower oil prices . ”
He noted that the ” objectives are to provide new business opportunities for the private sector is estimated at 250 thousand jobs include [ the youth category, class graduates, women breadwinners, people with special needs, the rural population ] in the housing sectors, and construction, industry, agriculture, and help address the housing crisis, establish or purchase of more than 36,000 housing units, and to encourage the private sector to rehabilitate and operate laboratories productivity stalled, and the introduction of modern technologies , including more than 330 plants and factories . ”
He said he ” Among the objectives are also manufacturing raw materials and supplies industry, agro – industrial and manufacturing, and to encourage projects that take place within the industrial cities, and reduce the import of goods and products through alternatives of goods national industry Iraqi agricultural products production, including more than 50 product or an Iraqi product .”
And the newborn that ” The project also aims to promote national exports competitive products and goods of other countries, producing ten of goods for export and rationing of foreign currency supply and reduce the demand for them increased by 10%.”
He pointed out that ” lending mechanisms, represented to split the proportion of lending to different sectors as housing sectors through the Housing Fund and the bank ‘s real estate funds in 1700 billion dinars, the industrial sector through the Industrial Bank 1650 billion dinars, and the agricultural sector through the Agricultural Bank in 1650 billion dinars, and micro – enterprises through private banks in 1500 billion dinars . ”
A newborn that ” these loans are distributed to the provinces according to the credit of a plan submitted by the concerned bank and by 80% as a standard population ratios and 20% as the standard for the degree of poverty in the province, such that the student loan Iraqi company, association , or individual Iraqis age 22 and older and a full – fledged , the interest on loans of 2% for the loan of the housing sector and 4% for the rest of the loans . ”
He explained that ” the amounts allocated for each loan to be on the housing loan of 50 million dinars, loans industrial and agricultural sectors on small businesses loans a maximum of 500 million dinars, loans and medium enterprises a maximum of 3 billion dinars, loans of major projects in excess of 3 billion dinars provided it does not exceed the upper limit of its 20 billion dinars, loans strategic projects that more than 20 billion dinars . ”
And on the duration of repayment of the loan he stressed that it ” will be ten years for the housing loan and five years for other loans except for a period of grace for a period of one year from the date of the first batch of student loan disbursement .”
He went on saying that ” the competent bank firing Website hotline phone service for the purpose of monitoring the borrower stages of completing his treatment, and adoption of on- site detection of the project to be financed and the guarantee of real estate [ if any ] and Electronic systems and possible in order to control projects and follow – up of good implementation, and link these systems the General administration of the bank, and provide monthly reports of the Supreme Committee supervising the lending programs and posted on the bank ‘s site and the High Commission . ”
He said that ” the General Administration of the Bank constitute a follow – up committees to verify the proper implementation of the project and the continuation of his work and scrutiny grants the Bhavroa bank or offices and the Bank shall on updated information on the borrower on a regular basis, and the adoption of granting certificate of quality projects borrowed measures within this program measures .”
LINK
[tlm724] Abadi Office shows new lending mechanisms to restructure the Iraqi economy
[tlm724] the Council of Ministers approved in its meeting yesterday to launch a Government loan to the sectors of housing, industry and agriculture form the amount of $ [ 6.5 trillion dinars ] as part of the focus of economic reform , which seeks through government to restructure the Iraqi economy and guidance that will ensure his stay on the basis of sound and diversify its economy
[tlm724] to approve the immediate release of loans come to constitute a quantum leap in the process of restructuring of the system of the Iraqi economy and the stage milestone in the path of the development of a new vision to address the situation of imbalance that currently afflicting that have emerged in traveled far the collapse in oil prices in world markets , which makes it imperative for the government to begin processors radical and decisive as part payment towards the recovery of the economic situation of the country . ” *wolfwhistle*
[tlm724] we’re on our way
http://www.bondladyscorner.com/t168898-abadi-office-shows-new-lending-mechanisms-to-restructure-the-iraqi-economy
~~~~~~~~~~~~~~~~
Stop 300 companies money transfer and banking deal
27/05/2016 04:31 | Direction Press / follow-up Detecting a news article published on Friday, announced the arrival of the Commission of a competent US combat financial intelligence department staff to Baghdad and set up at the US Embassy for the purpose of expanding coordination with the Central Bank of Iraq.
The author of the article, which was seen by “direction Press” that he “was deprived of 300 money transfer company and banking deal, where they are provided with the central bank every week with information on the companies and the Iraqi banks by suspicions of money smuggling, fraud, money laundering,” pointing out that ” Bank literally implement the recommendations of this committee, which provide him with weekly information on Iraqi companies and the banks that the suspicions of money smuggling, fraud or money laundering. ”
The central bank is committed to “fully committed” the instructions of the US Committee, according to the article, which he said “was amended and revised instructions that allow the entry auction currency writer.”
The article says the owner of a meeting held by the governor of the Iraqi Central Bank on the Keywords last Wednesday, to employers Iraqi banking and financial institutions informed them that the policy of the central bank is past and that the central bank would accept to keep the Ten banks operate only in the Iraqi financial market, also threatened the adoption of “degrees of classification “by the central bank.
According to the author of the article, the Keywords that “wants to protect the country and its assets and announce the time of separation cuddle and Aldla banks”, he also knows for sure disaster that might get, “warning of the possibility of the US Committee in the US embassy Posting the names of a number of companies are freezing or off for work with them for the purpose of investigation, or issue a command to stop these companies once and for all the work and to bring to justice to all, not just fined by the Central Bank of Iraq.
And warns the writer of the article from the collapse of the credit situation in Iraq in the event of the Commission in the embassy informed the US Central Bank of Iraq for “five or six Iraqi banks names”, where it is freezing its work and forwarded to the judiciary and the courts, to be the central bank obliged to act in accordance with the Commission’s recommendations.
http://aletejahtv.org/index.php/permalink/113190.html
[tlm724] Very Happy A Banking deal !!
[tlm724] announced the arrival of the Commission of a competent US combat financial intelligence department staff to Baghdad and set up at the US Embassy for the purpose of expanding coordination with the Central Bank of Iraq.
[tlm724] will ya look at that a US commission
[tlm724] was deprived of 300 money transfer company and banking deal, where they are provided with the central bank every week with information on the companies and the Iraqi banks by suspicions of money smuggling, fraud, money laundering,
[tlm724] so we have been giving the CBI the scoop on these companies for what appears awhile, you gotta love that !
[cat] uh huh
The central bank is committed to “fully committed” the instructions of the US Committee, according to the article, which he said “was amended and revised instructions that allow the entry auction currency writer.”
The article says the owner of a meeting held by the governor of the Iraqi Central Bank on the Keywords last Wednesday, to employers Iraqi banking and financial institutions informed them that the policy of the central bank is past and that the central bank would accept to keep the Ten banks operate only in the Iraqi financial market, also threatened the adoption of “degrees of classification “by the central bank
[tlm724] The central bank is committed to “fully committed” the instructions of the US Committee *hallelujah*
[tlm724] “was amended and revised instructions that allow the entry auction currency writer.
[tlm724] BondLady do you know what a currency writer is ???
[tlm724] to employers Iraqi banking and financial institutions informed them that the policy of the central bank is past and that the central bank would accept to keep the Ten banks operate only in the Iraqi financial market
[BondLady] this is from a quick google search : Currency styles – Online Grammar http://www.onlinegrammar.com.au ··· -styles/ Different currencies: When writing about different currencies that use the dollar, you can use: a letter or letters symbolising the country followed the $ sign (A$, US$10) a three-letter country code as specified in ISO 4217:1995 (AUD10) $ sign followed by the country symbol ($A10).
and
International Currency Formatting Guidelines — Currency Codes
In developing a web application that presents monetary data for a variety of locales, I have inquired about the differences of currency formats. In particular, I’d like to know when it is appropriate to use currency codes, either in addition to or instead of currency symbols.
It’s my understanding that all mainstream currencies require that a currency symbol be included, but some show them in different order (as seen on this website). The four currencies that I facilitate in my application are USD, CAD, GBP, and EUR — all of which have the same general currency format.
It makes sense to include the currency codes for USD and CAD, since they have the same currency code, but what about the others? What’s the norm in these other countries?
Anyway, I have below what I think to be the correct formats. Please let me know if I have made any errors:
• United States — $1,234,567.89 USD
• Canada — $1,234,567.89 CAD
• Great Britain — £1.234.567,89 GBP
• European — €1.234.567,89 EUR
Also, should there ever be spaces between the currency symbols and the numbers? That is yet another thing I do know happens sometimes, but am not sure what the rules are.
http://ux.stackexchange.com/questions/9105/international-currency-formatting-guidelines-currency-codes
[tlm724] wow this is saying they are doing away with all traders etc except for 10 banks !!
[BondLady] it’s important though, international coding Wink , have a happy an safe weekend everyone
[tlm724] ok ty you too ! let me see what else I can find about that
[tlm724] heres something: Currency Formatting
Currency formatting, i.e., the formatting of monetary values, combines a number with a suitable display symbol or name for a currency. By default, the currency is set from the locale data from when the currency format instance is created, based on the country code in the locale ID. However, for all but trivial uses, this is fragile because countries change currencies over time, and the locale data for a particular country may not be available.
For proper currency formatting, both the number and the currency must be specified. Aside from achieving reliably correct results, this also allows to format monetary values in any currency with the format of any locale, like in exchange rate lists. If the locale data does not contain display symbols or names for a currency, then the 3-letter ISO code itself is displayed.
http://userguide.icu-project.org/formatparse/numbers
[tlm724] that the central bank would accept to keep the Ten banks operate only in the Iraqi financial market, that is huge !!!!!!!!!!! Another sign that Iraq IS moving forward, so happy to see this, it’s part of the plan we have been waiting to see, no doubt ! I’d like to see verification on all this
tlm724 diff source
300 companies stop the money transfer and banking deal
27/05/2016 15:08 Revealed a newspaper article published Friday, the arrival of the US panel competent to combat financial intelligence department staff to Baghdad and set up at the US Embassy for the purpose of expansion for the purpose of coordination with the Central Bank of Iraq.
The author of the article, “it was depriving the 300 company financial and banking deal converter, where it is provided with the central bank ‘s weekly information about the companies and the Iraqi banks by suspicions of money smuggling, fraud, money laundering , “pointing out that” the bank literally implement the recommendations of this committee , which provide him with weekly information on the companies and the Iraqi banks by suspicions of money smuggling, fraud, laundering funds. ”
committed to the central bank” fully committed ” the instructions of the US Committee, according to the author of the article , which he said” was amended and revised instructions that allow the entry auction currency. ”
The article says the owner of a meeting held by the governor of the Iraqi Central Bank on the Keywords last Wednesday, to employers banking and financial institutions Iraqi told them that the policy of the central bank is past and that the central bank would accept to keep the ten banks operate only in the Iraqi financial market, also threatened the adoption of “degrees of classification” by the central bank
, according to the author of the article, the Keywords that “wants to protect the country and its funds and announcing an end time cuddle and Aldla banks ” , he also knows for sure disaster that might get , ” warning of the possibility of the US Committee in the US embassy Posting the names of a number of companies are freezing or off from work for the purpose of the investigation with them, or issue a command to stop these companies once and for all the work and to bring to justice to all, not just fined by the Central Bank of Iraq.
It warns writer from the collapse of the credit situation in Iraq in the event of the Commission in the embassy informed the US Central Bank of Iraq for “five or six Iraqi banks names”, where it is freezing its work and forwarded to the judiciary and the courts, to be the central bank obliged to act in accordance with the recommendations of the Commission.
and can the Americans, according to the author of the article, Shell any ability of financial banking feeding it with the correspondent bank outside Iraq, pointing out that the application of the central bank to these instructions mean that Iraqis depositors ‘ money at risk, and that thousands of employees they will be dismissed in the judgment and are added to the army of the unemployed to work in Iraq in addition to the offending effects of such decisions.
http://www.iraqidev.org/news/index.php/aktsadea/75216.html
Association of Banks discussing with the US Treasury to develop ways to combat money laundering
History of edits:: 06/01/2016 14:48 {Baghdad: Euphrates News} examined the Iraqi private banks association, with a team from the US Treasury Department the latest developments pertaining to the banking sector in Iraq.
A statement of the Association of Banks and agency {Euphrates News} received a copy of it today, ” The representatives of the Association gave a comprehensive report on the obstacles and constraints faced by the private banks , the banking sector put an offer”, touching to ” the efforts of the Association to develop the efficiency of the banking sector in particular in the field of anti – laundering laundering and terrorist financing, through the training of workers in this sector in cooperation with the ACAMS global institution.
He said representatives of the US Treasury during the meeting to” the Iraqi Central Bank ‘s decision on stopping 300 banking company in order to be subject to scrutiny by the standards followed by the central bank. ”
for their part , said representatives US Treasury “support for the plans of the Central Bank of Iraq to Ttoiralqtaa banking and subjected to Maiaratah in the fight against money laundering and financing of terrorism.”
the statement continued , “also touched on the need for the banking Ttoiralqtaa and overcome obstacles in order to take a real role” .anthy
http://www.bondladyscorner.com/t168900-association-of-banks-discussing-with-the-us-treasury-to-develop-ways-to-combat-money-laundering
[tlm724] US TREASURY !
http://www.bondladyscorner.com/t168671-stop-300-companies-money-transfer-and-banking-deal
~~~~~~~~~~~~~~~~
Association of Banks discussing with the US Treasury to develop ways to combat money laundering
History of edits:: 06/01/2016 14:48 {Baghdad: Euphrates News} examined the Iraqi private banks association, with a team from the US Treasury Department the latest developments pertaining to the banking sector in Iraq.
A statement of the Association of Banks and agency {Euphrates News} received a copy of it today, ” The representatives of the Association gave a comprehensive report on the obstacles and constraints faced by the private banks , the banking sector put an offer”, touching to ” the efforts of the Association to develop the efficiency of the banking sector in particular in the field of anti – laundering laundering and terrorist financing, through the training of workers in this sector in cooperation with the ACAMS global institution.
He said representatives of the US Treasury during the meeting to” the Iraqi Central Bank ‘s decision on stopping 300 banking company in order to be subject to scrutiny by the standards followed by the central bank. ”
for their part , said representatives US Treasury “support for the plans of the Central Bank of Iraq to Ttoiralqtaa banking and subjected to Maiaratah in the fight against money laundering and financing of terrorism.”
the statement continued , “also touched on the need for the banking Ttoiralqtaa and overcome obstacles in order to take a real role” .anthy
http://alforatnews.com/modules/news/article.php?storyid=118522
[tlm724] 8 Association of Banks discussing with the US Treasury to develop ways to combat money laundering
[tlm724] The representatives of the Association gave a comprehensive report on the obstacles and constraints faced by the private banks , the banking sector put an offer
[tlm724] He said representatives of the US Treasury during the meeting to” the Iraqi Central Bank ‘s decision on stopping 300 banking company in order to be subject to scrutiny by the standards followed by the central bank.
[tlm724] thats what I have been waiting to see, more news about those 300 companies
[tlm724] lemme see if I can find the other one from last week, justa sec
[tlm724] ok got it
[tlm724] Stop 300 companies money transfer and banking deal , see the important notes about this here :
http://www.bondladyscorner.com/t168671-stop-300-companies-money-transfer-and-banking-deal#214924
http://www.bondladyscorner.com/t168900-association-of-banks-discussing-with-the-us-treasury-to-develop-ways-to-combat-money-laundering
~~~~~~~~~~~~~~~~~
Association of Banks discussing with the US Treasury to combat money laundering
Baghdad / term It examined the Iraqi private banks association with a team from the US Treasury Department the latest developments pertaining to the banking sector in Iraq.
The statement said the Association received the “long”, a copy of it, that ” the representatives of the Association gave a comprehensive report on the obstacles and constraints faced by the private banks , the banking sector put an offer,” noting that ” the efforts of the Association to develop the efficiency of the banking sector in particular in the field of combating money laundering and terrorism financing, through the training of workers in this sector in cooperation with the ACAMS International Foundation.”
the representatives of the US Treasury during the meeting to ” the Iraqi Central Bank ‘s decision on stop 300 banking firm for the purpose of subjecting them to scrutiny by the standards followed by the central bank. ”
the representatives of the US Treasury , ” their support for the plans of the Central Bank of Iraq to Ttoiralqtaa banking and subjected to Maiaratah in the fight against money laundering and financing of terrorism. ”
the statement continued , ” it was touched on the need for the banking Ttoiralqtaa and overcome obstacles in order to take its role real. ” LINK
[tlm724] the representatives of the US Treasury during the meeting to ” the Iraqi Central Bank ‘s decision on stop 300 banking firm for the purpose of subjecting them to scrutiny by the standards followed by the central bank. ”
[tlm724] I love love love this !!!
http://www.bondladyscorner.com/t168917-association-of-banks-discussing-with-the-us-treasury-to-combat-money-laundering
~~~~~~~~~~~~~~~~~~
Foreign exchange rate of the Iraqi dinar on Thursday, June 2, 2016
Economy Since 02.06.2016 at 09:28 (Baghdad time) BAGHDAD – balances News
U.S. dollar
US $ 1 = 1,167.0000 Iraqi dinars
1 Iraqi dinars = US $ 0.0009 affraid bounce affraid bounce cheers
euro
1 euro = Iraqi dinars 1,308.1478
IQD 1 = 0.0008 euros
Sterling pound
£
IQD 1 = 0.0006 pounds
Canadian Dollar
1 CAD = 892.5430 dinars
IQD 1 = 0.0011 Canadian dollars
Australian Dollar
1 AUD = 844.1901 dinars
IQD 1 = 0.0012 Australian dollars
Japanese Yen
1 Japanese Yen = 10.7074 dinars
IQD 1 = 0.0934 Japanese yen
LINK
tlm724 MOF June 2, 2016
http://www.mof.gov.iq/Pages/Currency.aspx
tlm724 June 2 , 2106 Rates of foreign currencies compared to the Iraqi dinar
BAGHDAD – The Journal News Progress (Journal News) Currency Iraqi dinar compared to prices as we have received, on Thursday, from the sale of currency markets in Iraq.
U.S. dollar
US $ 1 = 1,167.0000 Iraqi dinars
1 Iraqi dinars = US $ 0.0009
euro
1 euro = Iraqi dinars 1,308.1478
IQD 1 = 0.0008 euros
Sterling pound
£ 1 = 1,683.2637 Iraqi dinars
IQD 1 = 0.0006 pounds
Canadian Dollar
1 CAD = 892.5430 dinars
IQD 1 = 0.0011 Canadian dollars
Australian Dollar
1 AUD = 844.1901 dinars
IQD 1 = 0.0012 Australian dollars
Japanese Yen
1 Japanese Yen = 10.7074 dinars
IQD 1 = 0.0934 Japanese yen. It ended 5
LINK
The start of the reform development in Iraq under the auspices of the program Abadi
02/06/2016 11:28 | Direction Press / Baghdad It kicked off this morning in Iraq’s development reform program events sponsored by Prime Minister Haider al-Abadi,.
He attended on behalf of the Ibadi at the opening of the program, which is held under the slogan’s (blessed Butroatna) Planning Minister Salman Jumaili.
Opening the Director of the Office of the Prime Minister on the Keywords and a number of ministers, MPs and US Ambassador Styawat Jones also attended.
The project is being held in cooperation with the US Agency for International Development , depending on thedeveloper Development Management Program ( IDMS ) and the updated system contracts.
The Ministry of Planning and Development Cooperation announced on Thursday to determine a date for a broad conference to launch the Development Department under the auspices of Prime Minister Haider al-Abadi.
The development management system is the first of its kind in Iraq and the region. The sa http://aletejahtv.org/index.php/permalink/113991.html
lightingcslt wrote: can u say the beginning of monetary reform? looks like it to me
tlm724: The project is being held in cooperation with the US Agency for International Development
we have lift off (launch) here are some details : http://www.bondladyscorner.com/t168878-hadithi-confirms-the-government-s-efforts-to-enable-the-private-sector-and-explains-the-mechanism-of-government-loans
tlm724 Check out the picture, I had to blow it up to read it.
http://aletejahtv.org/thumbnail.php?file=_________________472468214.jpg
http://www.bondladyscorner.com/t168887-the-start-of-the-reform-development-in-iraq-under-the-auspices-of-the-program-abadi
