Chat Room Excerpts & Highlights
rcookie says(): OK….PENTAGON CONFIRMS SAUDI PARTICIPATION IN BOMBING ISIS LAST WEEK…
angus says(): thats huge rcookie
angus says(): i didn’t think they would ever help
rcookie says(): RAMADI RECONSTRUCTION COSTS ESTIATED AT $2 BILLION USD…
rcookie says to angus(): REPORTS THAT KURDS ACCEPT ABADI PROPOSAL TO DELIVER OIL TO BAGHDAD IN EXCHANGE FOR PAYMENT OF SALARIES TO EMPLOYEES….
angus says(): let’s all work together and get along…. lol
rcookie says(): Kurdistan government have indicated their willingness to accept the “Abadi initiative” and deliver the oil to Baghdad in exchange for payment of salaries to its employees
Writer: Editor: BK 02/16/2016 23:41 Number of Views: 574
Long-Presse / Erbil Announced that the Kurdistan Regional Government, on Tuesday, its acceptance of “initiative” Prime Minister Haider al-Abadi, on the extradition of its oil imports in exchange for payment of salaries to its employees, stressing the importance of continuing dialogue between Baghdad and Erbil and implementation of the legal obligations on the basis of common interest.
The presidency of the Kurdistan Regional Government, in a statement received (range Press), a copy of it that “the provincial government have indicated their willingness to accept the proposal of the Prime Minister Haider al-Abadi, the private insurance sector salaries province’s 1,000,400 thousand people,” noting that “the provincial government is willing in return for the
rcookie says(): delivery of All output of the federal government. ”
The statement added that “the province a month needs around 890 billion dinars to pay salaries go, including 336 billion dinars for the Peshmerga,” noting “the importance of continuing the dialogue and the implementation of legal obligations with the government on the basis of mutual interest and to ensure the legal and financial benefits of federal revenues in accordance with the Iraqi constitution.”
The Prime Minister Haider al-Abadi said in an interview with Iraq’s official channel, that Baghdad would pay the local government officials in Iraqi Kurdistan, the salaries, if they stopped selling oil to the region outside, noting that the region gets the revenue from the oil issued.
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-Abadi-Initiative-quot-Oil-for-Salaries-2-17&p=145260#post145260
ol lar says to rcookie(): if true that could be the one piece that really ties things together, passage of last criticle laws and implementation of them to bring in Technocrats to oversee reform implementatoion
rcookie says(): The Ministry of Natural Resources in the Kurdistan Regional Government, said in (the fourth of February, the current 2016), about the rise in oil exports from the region the rate to 601 thousand and 811 barrels per day, in January 2016, after it had been 17 thousand and 755 barrels in December 2015 the past .
The Kurdistan Regional Government, facing a severe financial crisis, as a result of the repercussions of the decline in world oil prices, and the war against (Daash), which led to Shell economic life in the region, and delayed its staff salaries for more than four months (since September last 2015), with its large deductions ranging from 15 to 75 percent of the January 2016 salary, which is spending it in the past few days.
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-Abadi-Initiative-quot-Oil-for-Salaries-2-17&p=145260#post145260
ol lar says to rcookie(): we will see what tomorrow brings
rcookie says(): The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550 thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange,
but the agreement did not It stands for long as soon collapsed as a result of “lack of commitment of both sides to implement it,” according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
http://translate.google.com/translat….faceiraq.com/ LINK
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-Abadi-Initiative-quot-Oil-for-Salaries-2-17&p=145260#post145260
rcookie says to ol lar(): AGREED…AND WITH FORMATION AND LAUNCH OF NATIONAL OIL COMAPANY…STRENGTHENING OF OIL LICENSING CONTRACTS AND PRIFITABILITY FOR THE STATE…AND THE VEHICLE TO DELIVER THE ROYALTIES TO THE PROVINCES AND CITIZENS BY RATIOS….
ol lar says to rcookie(): yes those things seem to be no brainers in order to insure equitable and timely payments to all involved
rcookie says(): MORE POWER…EFFICIENCY AND PUTS THEM ON SAME PLATFORM OF OTHER MAJOR OIL PRODUCERS WITH NATIONAL OIL COMPANIES….
ol lar says to rcookie(): if they implement the amnesty quickly we could see a very interesting chain of events this weekend
rcookie says(): AMNESTY IS STILL SLATED FOR TOMORROW…FEDERAL COURT FOR MARCH 1ST…
ol lar says to rcookie(): yep
ol lar says(): I thoght there were 3 laws slated for tomorrow?
rcookie says(): BUT THIS IS HUGE AND HAPPENED TODAY AMIDST THE 3 DAY IRANIAN BUSINESS EXHIBITION IN BAGHDAD RUNNING THROUGH TOMORROW…
Risk says(): Postpone general amnesty law for the vote to next week
Wednesday 17 February 2016 | 13:50 | BAGHDAD / … revealed the legal committee member of the parliamentary honest frankincense, Wednesday, said the committee decided to postpone the presentation of the amnesty law to parliament for a vote until next week instead of on Thursday.
The gum’s “Eye of Iraq News,” “The Parliamentary Legal Committee after its meeting today decided to postpone the presentation of the amnesty law to parliament for a vote until next week rather than tomorrow, Thursday,” noting that “the delay was due to lack Committee agrees fully on Showing law to a vote tomorrow. ”
“The general amnesty law will be presented to a vote either for a session of parliament on Saturday or Monday’s session.”
It is said that the Legal Committee declared that the parliamentary session for next Thursday will vote on the amnesty law. Finished fourth
http://aynaliraqnews.com/index.php?aa=news&id22=53105
rcookie says(): AMNESTY & FED COURT WERE TO GO AT SAME TIME IN REPORTS GOING INTO FEBRUARY..
rcookie says(): NOW SATURDAY OR MONDAY..UNBELIEVABLE….
ol lar says to Risk(): those Sheet heads, oh well they always push things to the last min
Risk says(): I’ve grown accustomed to it…
rcookie says(): WAIT TILL BAX HEARS THIS….
rcookie says(): THE FISH ARE IN TROUBLE…AGAIN….
rcookie says(): THEY ALREADY STATED FED COURT LAW WS TO BE HEARD IN EARLY MARCH..
rcookie says(): Iraq and Iran sign Protocol for cooperation
Economy Since 2016-02-17 at 13:35 (GMT)
Baghdad-the balance news Trade Minister Mohammed sheyaa agency with the Iranian side, a protocol for trade and economic cooperation between the two countries, especially in the area of secure oil material in favour of ration card vocabulary.
Sudan said during a joint press conference with his Iranian counterpart and attended grace/balance of news, “the meeting included strengthening bilateral relations and strategy between the two countries and an agreement on opening the prospects for trade and economic cooperation and securing Iraq’s ration card items especially edible oil material”.
He said, he “exchanged views on cooperation in other areas and set up joint projects, especially in the field of reconstruction and rehabilitation of supermarkets and stores walsailwat Ministry of trade”
Read More :
http://www.dinarupdates.com/showthread.php?30138-Iraq-and-Iran-sign-Protocol-for-cooperation&p=145
Risk says(): The beginning of next March .. vote on the Federal Court Act
By Mohammed Emad 17.02.2016 12:38 | Brother – Baghdad
He said deputy head of the parliamentary legal committee Muhsin al-Sadoun that the House of Representatives will vote on the Federal Court Act at the beginning of the next month of March.
Sadoun said that “the differences between the blocs Alsaaaah on some articles of the Law of the Federal Court is still ongoing, making the council to vote on the amnesty law before the vote on the Federal Court.”
“The ongoing political blocs Bannagachatha to address the points of disagreement on the Federal Court Act materials,” adding that “the vote on the law will be at the beginning of the next month of March.”
“The legal committee has reached its final stages offer a general amnesty to vote the law,” pointing out that “it is unlikely that the parliament will vote on the law in its session next Thursday.”
http://www.khabaar.net/index.php/permalink/55847.html
rcookie says(): He stressed, “the trade protocol will be a positive impact on the economy of the two neighboring countries, stressing Iraq’s keenness to establish better relations with neighboring countries, especially the Islamic Republic of Iran”, pointing out that “Iraq and Iran have distinguished relations in many fields.”
And between “the Commerce Department has a broad work sector particularly in the areas of investment and development of economic relations with regional countries and the world and is located on its own secure ration card vocabulary to the Iraqi people,” pointing out that “the Ministry sought to overcome all constraints associated with processing contracts and worked on a new approach to medium-term and long-term”.
He noted that “the Ministry within the State to support the private sector worked in partnership creation and rehabilitation of some factories to ensure eligibility for domestic product ration vocabulary, as well as contracting with factories as vegetable oils and
rcookie says(): THERE IT IS…
rcookie says(): “The Ministry of Commerce imported annually 400 tons of oil for distribution to citizens within a ration card and seek to secure this article through outsourcing with known origins, especially from Iran and Egypt and Ukraine due to the reluctance of wenkol some companies contracted by the Ministry with it already and are companies from Turkey, the United Arab Emirates, Australia and Lebanon and was placed on a blacklist for depriving them of hiring any future Ministry”, adding that “the agreement with the Iranian side which will ensure the limits of 10,000 tons of This article is for Iraq. ”
The meeting also discussed cooperation in trade and economic fields, especially in trade in construction materials and support national industry, “adding that” there is a mechanism for cooperation to assist the Ministry in rehabilitating Companies central markets and stores of the Ministry walsailwat. finished 29/4 e
http://www.microsofttranslator.com/b…25B1%25D9%258A bad link
Read More :http://www broken link
rcookie says to Risk(): WHAT DO YOU THINK RISK….
Risk says to rcookie(): “adding that” there is a mechanism for cooperation to assist the Ministry in rehabilitating Companies central markets and stores of the Ministry walsailwat. finished 29/4 e
Risk says to rcookie(): Free trade between regional countries…..Article 8 should be at hand
angus says(): so it sounds like Iraq and Iran are getting pretty tight.
rcookie says to Risk(): THEY ARE CALLING THESE STRATEGIC AREAS RIGHT OUTSIDE OF BORDER CHECKPOINTS…”TRADE ARENAS”…
rcookie says to Risk(): QUICK FACT…THEIR TRADE IN 2015 WAS 15 BILLION…WITH IRAN UNDER SANCTIONS….
angus says(): I still find it interesting with everything that has happened with Iran and sanctions lifting…. just sayin
angus says(): and where we are and how fast things seem to be happening with Iraq now…..
angus says(): just my 2 cents worth.
rcookie says to angus(): IRAN JUST SHIPPED ITS 1ST OIL TO EUROPE (4 MILLION BARRELS) IN 3 YEARS….
angus says(): Fox Business is talking about OPEC members are in Iran now
rcookie says to angus(): AND THEY WERE THE ONLY COUNTRY TO VOTE AGAINST PRODUCTION FREEZE OF JANUARY LEVELS…
THEY WANT TO RAMP PRODUCTION…AND RECOVER MARKET SHARE…
rcookie says to angus(): RUSSIA AGREED…..VENEZUELA…
angus says(): but the demand is not there right now is it?
rcookie says to angus(): NO…
rcookie says to angus(): BUT WHEN HAS COMMON SENSE EVER BEEN A FACTOR….
angus says(): the world is needing a swift kick in the back side to get it going
angus says(): common sense is not common an
rcookie says to angus(): IRAN HAD A STATED SHORT TERM POST SANCTION GOAL OF 500,000 BARRELS…THEY ARE AT 400,000 PACE NOW…
angus says(): I was hoping for the little magic pill but I don’t know if it is there…
angus says(): they should be at that easy then…. wouldn’t you say>
rcookie says to angus(): THERE SHOULD HAVE BEEN A PRICE SPIKE IN ANTICIPATION OF THE PRODUCTION FREEZE AGREEMENT…BUT COUNTERBALANCED WITH IRAN OUT OF EQUATION AND OIL HITTING MARKETPLACE….
Glory Boy says(): Off subject and from this article the other day: Abeche today Dollar Iraqi dinar Fixed for 25 years, 70 dinars and 800 fils per $ 100
Read More :
http://www.dinarupdates.com/showthread.php?30073-BGG-News-Time-2-15-16
Glory Boy says(): I calculate it at 70 dinar + 800 schillings (8 dinar) = 78 dinar = $100?
Glory Boy says(): $100 divided by 78 = $1.28/dinar
clay says to Glory Boy(): would be a nice start ty
Glory Boy says(): That sort of fits with Poppy’s comment of it needing to be above $1.25 or so.
Glory Boy says(): Thanks. Gotta run.
rcookie says(): WAS THAT THE SAME DAY HOLLYS CONTACT STATED CENTRAL WERE USING STABLE EXISTING 1-1 EXCHANGE RATE…
rcookie says(): THE LAST WE HEARD FROM OSAMA MAHMOUD…EXECUTIVE DIRECTOR OF ISX..HE WAS TALKING ABOUT LAUNCHING PROVINCIAL FINANCIAL CENTERS…
THAT WOULD DELIVER FINANCIAL DATA FROM THE ISX & ESX…TO THE PROVINCIAL CENTERS..WHO WOULD THEN DELIVER TO LICENSED BROKERAGE HOUSES AND BANKS……
rcookie says(): Investment portfolio the need for the development of financial resource
Last update: Wednesday, February 17, 2016 – 10:03
World countries seeking to expand its economic resources and the development of financial revenues to diversify sources of income and not rely on one and negative financial source to rely on the fluctuation of the sole source of income rates, fluctuating Iraqi economy mode with fluctuations in oil prices, which make up Mdjulath about 92 percent of the country’s resources.
Global stock representative in Iraq, Osama Mahmoud stressed the need to work on multiple financial resources, pointing to the importance of benefiting from international experiences in this regard and that employed the oil revenues in the revitalization of other economic sectors to diversify the economic basket and therefore not its dependence on oil imports only in the financing of the economy.
Read More :
http://www.dinarupdates.com/showthread.php?30140-Investment-portfolio-the-need-for-t
rcookie says(): The need for planning
He stressed the importance of using part of its oil revenues in the development of the agricultural, industrial and tourism sectors, warning of the experience of the United Arab Emirates, where oil imports exploited systematically and thoughtful in the infrastructure sectors of all the development, pointing to the need for proper planning and plans studied in making economic development.
Mahmood between the need to develop their economies on the composition of an investment portfolio to be an additional source of income by building a portfolio of investments in global stock markets involving the most important global financial institutions and the world’s central banks and major investment institutions.
http://www.imn.iq/?p=12557
Read More : http://www.dinarupdates.com/showthread.php?30140-Investment-portfolio-the-need-for-the-development-of-financial-resource-2-17
rcookie says(): IRAQ BIC & SWIFT CODES….
rcookie says(): THIS IS FROM 2005….Prepared by members of the Iraq Reconstruction and Management Office-Financial and Fiscal Affairs (IRMO-FFA) in coordination and cooperation with members of the: Iraqi Private Bankers Association; U.S. Treasury Department, and; Federal Reserve Bank of New York.
rcookie says(8:06 AM): Appendix AAmount $USDWire Transfer Instructions Credit Bank of IraqPay To National Bank of Kuwait, New York Branch Routing: 026000217SWIFT: NBOKUS33Beneficiary BankCredit Bank of Iraq A/C 400204375003BeneficiaryFor Further Credit to: [as example Credit Bank of Iraq,
Samawa branch] Account name: [ABC Coalition contractor]Account No: [as assigned by the bank branch where you establish the account]Point of contact:Mr. Fouad M. Moustafa, Managing Director IRAQNA: 0790-190-7068MCI: 914-360-0494EMAIL: kreditbkiq@yahoo.comBank Locations and poc’s:
Baghdad (above)Basra (Mr. Simon M. Simon, local (964) 1-040-62-3606)Hillah (Mr. Mawaffak A.L. Alwazzan, IRAQNA 0790-190-7098)Samawa (Mr. Talib A. H. Alghabban, IRAQNA 0790-192-3117, local (964) 1-815-1199)Wire Fees as of January 2005:1⁄4 point with a minimum charge of $5 and maximum of $100
rcookie says(): http://www.trade.gov/static/iraq_paymentsessay.pdf
http://www.trade.gov/static/iraq_paymentsessay.pdf
rcookie says(): HERES THE SWIFT CODES BANK LIST FOR IRAQ….
dovi says to rcookie(): whats that mean to us?
rcookie says(): http://www.bankswiftifsccodes.com/sw…iraq-asia.html
http://www.bankswiftifsccodes.com/swift-code/country/bic-code-iq-iraq-asia.html
dovi says to rcookie(): I know..Dovi and her questions…always questions
dovi says to rcookie(): does the womn understand anything?
rcookie says():= LOL
dovi says to clay(): good morning Bro
dovi says to rcookie(): (y) at lleast she reads minds LOL
rcookie says(): JUST SHOWS BIC & SWIFT CODE STATUS THAT SOME MAINTAIN WAS LAUNCHED ON 8TH…LOL….
msdiva says(): ooooooooooooooo weeeeee look at all those numbers 8-|
HEARTLAND says(): rcookie…are you saying that the codes were not launched on the 8th?…thanks
rcookie says to HEARTLAND(): THAT WAS FROM 2005^^^^
da58 says(8:22 AM): http://www.parliament.iq/details.aspx?EvID=22295
I don’t see amnesty or fed ct here.. didn’t they say Thursday? This is the printed agenda.. I suppose it’s not written in stone, but…
tman23 says(): The Kurdish Government announced Wednesday its readiness to deliver its oil production for the Federal Government in Exchange for securing payment of all salaries of the territory.
Kurdistan Presidency said in a statement received “Kurdistan declares its acceptance of the proposal made by Iraqi Prime Minister Haidar Al-Abbadi to ensure all staff salaries Kurdistan million and four hundred thousand people”, stating that “the region needs a month to 890 billion dinars to pay salaries, including 336 billion dinars for the peshmerga.”
rcookie says to HEARTLAND(): KURDS AGREE WITH ABADI INITIATIVE
dovi says to clay(): -* things are much better…I’d say better than over the past year…but a ways to go. Problem was wrong meds and overmedicating
rcookie says to da58(): AMNESTY WAS PUSHED TO SNDAY OR MONDAY…FED COURT TO EARLY MARCH….
rcookie says to da58(): UNBELIEVABLE….
rcookie says(): Kurdistan government have indicated their willingness to accept the “Abadi initiative” and deliver the oil to Baghdad in exchange for payment of salaries to its employees
Writer: Editor: BK 02/16/2016 23:41 Number of Views: 574
Long-Presse / Erbil Announced that the Kurdistan Regional Government, on Tuesday, its acceptance of “initiative” Prime Minister Haider al-Abadi, on the extradition of its oil imports in exchange for payment of salaries to its employees, stressing the importance of continuing dialogue between Baghdad and Erbil and implementation of the legal obligations on the basis of common interest.
The presidency of the Kurdistan Regional Government, in a statement received (range Press), a copy of it that “the provincial government have indicated their willingness to accept the proposal of the Prime Minister Haider al-Abadi, the private insurance sector salaries province’s 1,000,400 thousand people,” noting that “the provincial government is willing in return for the
rcookie says(): delivery of All output of the federal government. ”
The statement added that “the province a month needs around 890 billion dinars to pay salaries go, including 336 billion dinars for the Peshmerga,” noting “the importance of continuing the dialogue and the implementation of legal obligations with the government on the basis of mutual interest and to ensure the legal and financial benefits of federal revenues in accordance with the Iraqi constitution.”
The Prime Minister Haider al-Abadi said in an interview with Iraq’s official channel, that Baghdad would pay the local government officials in Iraqi Kurdistan, the salaries, if they stopped selling oil to the region outside, noting that the region gets the revenue from the oil issued.
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-Abadi-Initiative-quot-Oil-for-Salaries-2-17
rcookie says(): The Ministry of Natural Resources in the Kurdistan Regional Government, said in (the fourth of February, the current 2016), about the rise in oil exports from the region the rate to 601 thousand and 811 barrels per day, in January 2016, after it had been 17 thousand and 755 barrels in December 2015 the past .
The Kurdistan Regional Government, facing a severe financial crisis, as a result of the repercussions of the decline in world oil prices, and the war against (Daash), which led to Shell economic life in the region, and delayed its staff salaries for more than four months (since September last 2015), with its large deductions ranging from 15 to 75 percent of the January 2016 salary, which is spending it in the past few days.
The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-A
rcookie says(): thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange, but the agreement did not It stands for long as soon collapsed as a result of “lack of commitment of both sides to implement it,” according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
http://translate.google.com/translat….faceiraq.com/
http://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/
Read More :
http://www.dinarupdates.com/showthread.php?30146-Kurds-agree-to-quot-Abadi-Initiative-quot-Oil-for-Salaries-2-17
subgirl says(): I like that “Abadi Initiative” 🙂
tman23 says(): The chatter is during the Abadi reshuffle the government may move into a caretaker status government until the approval and seating of technocrats……..
Does make sense as Parliment and Political heads have given approval for Abadi reforms…….
And the 90 day “mini dictator” would work quit well to squash any immediate problems that arise thus avoiding the red tape political road blocks…. AND the same appears to be taking place inside the KRG…….
As one article put it……Save the country or Save the government ?? ……. Those were the 2 choices…….
templejc says(): GOOD MORNING ALL – RCOOKIE – THAT IS SOME GREAT NEWS
templejc says(): delivery of All output of the federal government. ”
dinarmassa says to rcookie(): Are the figures the Kurds are stating as salaries a realistic figure or have they inflated them , in YHO.
clay says to tman23(): (y) so is Abadi also resigning
rcookie says to dinarmassa(): WITH PESHMERGA…LOOKS RIGHT..
dinarmassa says to rcookie(): You think Abadi will give in to those figures, if so will that force the RV even more
clay says to dinarmassa(8:57 AM): lets hope
rcookie says(): HE ALREADY OFFERED
tman23 says to clay(): No……..he is not resigning……. My understanding is that some Ministers will released and the special committee will vett the new technocrats selected…….
The CoM is responsible for approving the Governor of the CBI…… This scenario will be the most interesting…….. Basically Abadi is going to have carte blanch for a short period…….
clay says to tman23(9:00 AM): thanks
larrykn says(): so adadi will put in a temp goverment till he gets a permanent one in place , that would work
templejc says(): SUB – YES YOU DO – REPEAT AFTER ME ::: MY DAY IS GOING TO BE PRODUCTIVE – SAY THAT 7 TIMES – AND THEN LOOK OUT!
rcookie says to tman23(): AGREED….CHECKMATE TOWARD MANY ISSUES…AND THEY HAVE BEEN REVIEWING CV’S FOR POSITIONS SINCE PERFORMANCE REVIEW PANEL….
templejc says(): SAW SOMEONE SUGGEST THE THE US FORCES ARE IN THE GREEN ZONE ONLY UNTIL MARCH 3RD – IS THERE INK ON THIS – OR IS THIS SOME WISHIN AND SPECULATION
tman23 says to rcookie(): Did not think Shabibi would be back at the CBI……..But under this scenario he could possibly be placed for a short term if indeed they are making the move to currency reform ASAP …ASAP… !!
rcookie says(): Expert: Iraqi economy is infected with “Dutch disease»
NEW MORNING ECONOMIC AFFAIRS FEBRUARY 16TH, 2016
Specialists call for structured and technocratic measures
Baghdad bright risang: Brings together experts and specialists in economic need to find resources “to provide the non-oil imports, and override the acute financial crisis facing Iraq and the world as a result of lower oil prices.
In this regard the oil expert said Hamza al-jawahiri that Iraq suffers from the so-called economically (Dutch disease), the fact that the Netherlands in the 1950s saw the collapse of economic and productive sectors due to their dependence solely on oil as we are today.
The oil expert said in a statement for “new morning”, that “Iraq had to take advantage of this experiment some time ago, when oil prices were high, to stimulate other economic sectors.
Read More :
http://www.dinarupdates.com/showthread.php?30141-Expert-Iraqi-economy-is-infected-with-quot-Dutch-disease%BB-2-17
rcookie says(): According to the jeweller, that Iraq still has a good chance to get out of the current crisis and rentier economy»» which is dependent on oil.
The «plans are developed at the near, medium and long term, to the development of other productive sectors, anticipated the current crisis if the Government adopted the “technocrats and not choose Ministers from the political blocs again».
At the other end, economists say that Iraq needs to restructure its economy, before thinking» solution directly out of the financial crisis.
A member of the House of Dr. Mehdi Al-Hafidh, told “the new morning, thinking the solution to get out of the financial crisis” is unlikely, the fact that it is linked to the outside. The oil depends on the world market, Iraq imports depends entirely on oil.
Read More :http://www.dinarupdates.com/showthre…isease%BB-2-17
http://www.dinarupdates.com/showthread.php?30141-Expert-Iraqi-economy-is-infected-with-quot-Dutch-disease%BB-2-17
rcookie says): OPD, a former Minister of planning, said thinking about providing new financial resources for the country; oil; takes time», stressing the importance of “giving a chance to the private sector to support the State imports».
Although the negative effects left by the decline of oil prices on the economy, but some see it as a valuable opportunity to promote other economic sectors.
Legal Adviser Adel allami says that “many countries of the world do not possess oil but has a strong economy, while criticizing the” armies of collectors» but they cannot collect wages for electricity, water and other services.
Lamy said in a statement for “new morning”, that “low oil prices constitutes an incentive for the State to promote other economic sectors», that «there is money lost in the operational budget of the State».
Read More :
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.newsabah.com%2Fwp%2Fnewspaper%2F74700
rcookie says(): The legal counsel also said the Government should “implement a range of legal and administrative reforms before search procedures for finding new financial resources.
Financial adviser to the Prime Minister, stresses the importance of taking Government «views» the professionals use to make their own decisions.
And Dr. Mazhar Mohammed Saleh told new for» morning», «experts and intellectuals meet occasionally to discuss important files, including oil, and through brainstorming and discussion reach insights help decision-makers to make decisions.
Saleh said that “public opinion is of painted Government decisions, noting that the recommendations and ideas that the specialists find their way into publication by the media of up to Government, and work tools to draw the country’s politics.
http://www.microsofttranslator.com/b…spaper%2F74700
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.newsabah.com%2Fwp%2Fnewspaper%2F74700
Read More :
http://www.dinarupdates.com/showthread.php?30141-Expert-Iraqi-economy-is-infected-with-quot-Dutch-disease%BB-2-17
rcookie says to _firefly_(): SHABS FOR PRESIDENT!!!!!!
rcookie says(10:01 AM): Strategic central bank
97 Show Last update: Wednesday, February 17, 2016 – 10:36
Now the Iraqi Central Bank has set the main lines of the course of monetary policy for five years represented by firing strategic plan for the years 2016 – 2020, which had its opening ceremony of a high-level presence in the person of the President of the Iraqi parliament and the collection of the respective personnel in the banking sector who are the owners of the need for the central vision of the future with their activities.
It characterized the strategy clearly and transparently presenting perceptions of those in charge of the central bank in dealing with the economic situation as a whole, considering that money is the main driver of all economic events, including the houses of capital participated in the launch ceremony means that they are aware with all requirements out of the grim financial crisis, and thus the central vacated discharged from liability stumble for
rcookie says(): clarity Strutijeth.
Then there is a real need to clarify the nature of the relationship approaching on the implementation of this strategy and it is essential that people with groping involved in their implementation of the direct relationship they arm the central bank and the banking sector of the task entrusted to them.
Now required to work on the dismantling of this strategy according to the required roles of all the arms in question to ensure the success of this strategy in achieving the goals required to achieve financial stability, meaning that they can be the entire banking sector in response to both the private Awaovernma to hedge and determine the effects of the crisis
althadi most prominent facing this strategy lies in the gap in the ownership of modern technology and the adoption of international standards in banking transactions between the private and government sectors, where the government sector remained late in the recruiting technology.
rcookie says(): This challenge requires first to legislate unzip government banks link the Ministry of Finance and linked Bantrza and then they can be structured to compel it to its laws and instructions and then privatized and thus implement the strategic smoothly.
Therefore, we stress the importance of attention to the need for expert calls the homogeneity of monetary and fiscal policy in order to respond effectively to the crisis so they can achieve financial stability essential in achieving the desired economic stability.
http://www.imn.iq/?p=12548
Read More :
http://www.dinarupdates.com/showthread.php?30139-Strategic-central-bank-2-17
rcookie says(): REMEMBER WHO OWNS 2 STATE BANKS FROM THE CIA DOCUMENT POSTED YESTERDAY…
rcookie says(): This challenge requires first to legislate unzip government banks link the Ministry of Finance and linked Bantrza and then they can be structured to compel it to its laws and instructions and then privatized and thus implement the strategic smoothly.
rcookie says(): Therefore, we stress the importance of attention to the need for expert calls the homogeneity of monetary and fiscal policy in order to respond effectively to the crisis so they can achieve financial stability essential in achieving the desired economic stability.
rcookie says(): homogeneity of monetary and fiscal policy in order to respond effectively to the crisis so they can achieve financial stability essential in achieving the desired economic stability.
rcookie says(): noun
1. composition from like parts, elements, or characteristics; state or quality of being homogeneous.
_firefly_ says to rcookie(10:14 AM): Everything is lining up for a fairytale ending !
Loopback says to _firefly_(10:17 AM): AND THEY LIVED HAPPILY EVER AFTER…THE END
_firefly_ says to rcookie(10:21 AM): Seen it a long time ago, need to dig up the articles again
_firefly_ says to rcookie(10:22 AM): I’m soooo excited brother !!!!!!
Loopback says(): homogeneity of monetary and fiscal policy – homogeneous – adjective
1. composed of parts or elements that are all of the same kind; not heterogeneous: a homogeneous population.
2. of the same kind or nature; essentially alike.
Loopback says(): USING THE SAME MONEY!
_firefly_ says to rcookie(): Now the IMF is giving them a deadline of the end of February to draft and ADOPT prior to March ?
_firefly_ says to rcookie(): Coincidence?
rcookie says to Loopback(): homogeneity of monetary and fiscal policy in order to respond effectively to the crisis so they can achieve financial stability essential in achieving the desired economic stability.
Read More: http://www.dinarupdates.com/showthread.php?30131-Wednesday-February-17-2016
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