Chat Room Excerpts & Highlights
rcookie says():PLEASE READ KEYWORDS STATEMENTS FROM THE IRAQ FINANCE FORUM IN BEIRUT…..
rcookie says():LOOPS ARTICLE ABOUT PRIVATE BANKS & TAX AUTHORITY SIMPLFYING PROCEDURES…..
rcookie says():100 K BANK NOTE NON ISSUANCE FROM HOLLY!!!!
rcookie says():TAMIMI NOT GONNA BE ON KEYWORDS X-MAS LIST..SHE WANTS HIM BACK IN FRONT OF FINANCE COMMITTEE TO ANSWER MORE QUESTIONS….
rcookie says():IRAQ PAYING 2 BILLION IN ARREARS TO OIK COMPANIES IN APRIL…..
rcookie says()JUST AS MANDATED IN 2016 BUDGET AND IMF LOI.MEFP/TECH MOU….
rcookie says():BASRA PAID 50% OF PORT REVENUES…..AND 5 ON PROVINCIAL OIL REVENUES
rcookie says():JUST AS OUTLINED IN BUDGET…BUDGET FULLY EXECUTABLE…..
rcookie says):REMEMBER….THE ARREARS AUDITS HAVE BEEN GOING ON SINCE APRIL 2015 AND ARE COMPLETED MAY2016…
rcookie says():UN G7 MEETING WITH KURDS………..
djmckaytx says to rcookie():If Iraq is “broke” as they’ve been saying…they’ll need some cash to pay for those arrears. 🙂
rcookie says to djmckaytx():YES THEY WILL….(handshake)
djmckaytx says to rcookie():Like how you think my friend…
rcookie says():HEALTH…MINERALS…INDUSTRY GARMENT…CEMENT PAID SALARIERS ON CARDS TO CIRCUMVENT LIQUIDITY ISSUES….
rcookie says():SOE’S BEING PAID ELECTRONICALLY….
djmckaytx says to rcookie():After we exchange, does our paper money literally go back to Iraq?
rcookie says():YES WAS HUGE ARTICLE THAT AFTER DESTROYING HAS TO GO TO CERTAIN LAND FILLS BECAUSE OF TOXICITY OF INK….
rcookie says():LOOPS REPORT ON INT’L AUDITORS…FINDINGS OF WASTE AND INEFFICIENCIES….
rcookie says():DOES EVERYONE REALIZE UN…IMF LEADERS WILL BE IN IRAQ PARLIAMENT TOGETHER THIS MONTH…
ivan37flying says():rcookie:Do you expect that we will have a long period of time in which we can exchange?
rcookie says():AND HEAD OF WB ALSO……
rcookie says to ivan37flying():YES….
rcookie says():JUST THIS PAST WEEKEND……
ivan37flying says():TY!
djmckaytx says to rcookie():Amazing news/timing…what are the dates for those visits if you know?
rcookie says():HOR APPEALS FILES ON CONDUCT
rcookie says():JABOURI FORMING COMMITTEE ON MP ABSENCE & CONDUCT
rcookie says():1ST READING DRAFT LAW OPEN EDUCATIONAL COLLEGE …1ST READING SECOND AMENDMENT TO FEDERATION IRAQI CHAMBER OF COMMERCE LAW (43) 1989…
rcookie says():AND…….DISCUSSION OF DRAFT FOR EXEMTIONS FOR FOREIGN COMPANIES IMPLEMENTING INVESTMENT PROJECTS ACT OF TAXES AND FEES……WOW…LOVE THE SOUND OF THAT ONE!!!!!!……
djmckaytx says to rcookie():Invest in me = I need to have a market for my currency.
rcookie says to djmckaytx()::D
djmckaytx says to rcookie():And international acceptance for it. 🙂
Hutch says to rcookie():You guys have been ROCKING THE NEWS !
rcookie says():REMEMBER THE THE STORY A LITTLE OVER WEEK AGO ABOUT THE DFI FUNDS MISSING WITH THE FAKE HOSPITALS…MEDICAL EQUIPMENT AND MEDICINES…
larrykn says to rcookie():well you got me excited 😀
rcookie says():THE HEALTH MINISTER BEING CALLED ON CARPET TO ANSWER QUESTIONS…THE SAME WAY AS ZEBARI…ABDUL MAHDI…AND OBEIDI ARE….
rcookie says():AMNESTY LAW……
rcookie says():REDUCED EXCEPTIONS FROM 14 TO 4
EVEN TALKS ABOUT POLITICIANS ACCUSED AND CONVICTED STEALING STATE FUNDS…AND RETURN OF FUNDS INCLUDED IN AMNESTY…………
larrykn says to rcookie():and isn’t Amnesty Law suppose to go next week 🙂
rcookie says():YES…IS SUPPOSED TO BE VOTED ON NNEXT WEEK…
djmckaytx says to rcookie():Mailiki resigning from everything — do you think that is real or a smoke screen?
rcookie says to djmckaytx():ONE CAN DREAM!!!!
JETSET says to djmckaytx():LISTENING TO THE CALL NOW AND WAS KIND OF WONDERING THE SAME THING… ANYONE HEARING ANY MORE ON THAT STORY?
Pablo says():Rather coincidental that his buddy in Iran is being put to death.
buck says():maliki had no position to resign from….does his retirement mean he will shup…old habits are hard to break….lol lol
designbyg says to djmckaytx():i saw an article from a mainstream news source on it yesterday…i’m sure its in the chatlog
rcookie says():HAVENT SEEN MORE TODAY…OR ABOUT MAHMOOD UNDER HOUSE ARREST,,,,
djmckaytx says to Pablo():Exactky.
Hutch says to rcookie():jUST THE ONE ARTICLE, THATS IT
rcookie says():IMF LOI/MEFP/TECH MOU PROGRESS
FINACIAL MANAGEMENT REFORMS…FINANCIAL MANAGEMENT LAW AMENDMENTS…ARREARS AUDIT AND PAYMENT EXECUTION THROUGH END OF SMP….
MOVE TO TSA (MINISTRY OF FINANCE LIST & CBI) LIST OF ACCOUNTS & BALANCES & SPENDING UNITS…ESTABLISH CONTROL & FINANCIAL SYSTEM FOR BUDGET EXECUTION….
IMPLEMENT IFMIS (INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM)…IMPLEMENT PIM (PUBLIC INVESTMENT MANAGEMENT) REFORM WITH WORLD BANK…
WITH THE MINISTER OF PLANNING TASKED TO SET UP CENTRAL PIM UNIT TO SCREEN PROJECTS USING FEASIBILITY STUDIES…
AND DEVELOP & INTEGRATE IBP (INTEGRATED BANK OF PROJECTS) THAT ACTS AS SUBSYSTEM OF IDMS (IRAQ DEVELOPMENT MANAGEMENT SYSTEM) …
rcookie says to Hutch()::D
rcookie says():THE BANKING SUPERVISION ASPECT…….STATE BANK RESTRUCTURE & PRIVATIZING…INTRODUCING IBAN (INTERNATIONAL BANK ACCOUNT NUMBER) IN IRAQ…
INCREASE MINIMUM CAPITAL REQUIREMENTS OF BANKS…HIRING INT’L CONSULTANT TO ASSIST CBI IN RATING BANKS…AS WELL AS UPGRADING REGULATIONS ON “LIQUIDITY” & “CAPITAL ADEQUACY RATIOS”…CONTOINUING METAC COMMITMENTS & CONSULTATIONS…
PREPARING DEPOSIT INSURANCE SCHEME…CONTRACTING WITH PRIVATE FIRM FOR PROVIDING CREDIT REGISTRY SYSTEM…ISSUE BANKING LAWS FOR ISLAMIC BANKING SERVICES…
AND CONTINUING TO PENALIZE BANKS & FINANCIAL INSTITUTIONS FOR NON COMPLIANCE WITH LAWS & REGULATIONS…..
Loopback says to Hutch():8-)
djmckaytx says to rcookie():Sounds like they have a bus they’re trying to catch… 🙂
rcookie says():ITS A TRAIN……AN ECONOMIC AND FINANCIAL FREIGHT TRAIN!!!!
jimplants says):right rcookie and the IMF AND WORLD BANK are driving
Loopback says to rcookie():It’s a bullet train..I am stunned by how much they are getting done in such a short time frame.
Pablo says to Loopback():Faster than a speeding camel. 😀
djmckaytx says to Pablo():Going through the eye of a needle?
rcookie says to Loopback():(y)
jimplants says():i do believe that last bump in the track was maliki
djmckaytx says to jimplants():That would be really nice. 😀
jimplants says():m is greese for the wheels
rcookie says():THESE HVE BEEN MESSAGES FROM ALL YOUR INCREDIBLE DU NEWS RESEARCHERS…….WE NOW RETURN YOU TO YOUR REGULARLY SCHEDULED PROGRAM………
Loopback says to rcookie():I reread the IMF LOI/MEFP pdf this afternoon. It is so encouraging to see all this news when it is compared to these documents.
dwightj says():OK THAT WAS A GOOD CALL NOW I CAN JUST TRY TO CONNECT ALL THE INFO IN MY MIND8-)8-|(lol)
rcookie says():IT SURE IS LOOP!!!…..
designbyg says to Pablo():soooo true……lots of good news this week 🙂
Loopback says():If you have not read the LOI/MEFP you really need to. Get your copy here http://www.imf.org/external/pubs/ft/scr/2016/cr1611.pdf
poppy3 says():A VERY SERIOUS THANK YOU TO BGG, MR WHITE AND RCOOKIE FOR A VERY INFORMATIVE CALL. LOADED WITH AWESOME NEWS EXPLAINING THE PROGRESS BEING MADE ON RV’ING THE DINAR AND THE ROLL IMF HAS PLAYED IN GETTING IRAQ CBI ON TRACK AND THE NEXT STEP IN ADDING VALUE TO THE DINAR. GLORY, GLORY GLORY . POPPY3
rcookie says():OSAMA MAHMOUD COMMENTS…..FROM LOOPS ARTICLE
rcookie says to poppy3():(y)
designbyg says to Pablo():i am waiting for the announcement pertaining to their assention to global status as per art8 compliance
rcookie says():economic affairs efforts in the search for exits reduce the impact of financial distress on Iraq, the adoption of mechanisms to elevate the Iraqi dinar entered through international exchange dealings continue.
rcookie says():Specialist on global stock Osama Mahmoud said that minimize the effects of the financial crisis on the Iraqi economy requires action on the adoption of new procedures and solutions can be adopted for the next stage.
Loopback says():elevate the Iraqi dinar entered through international exchange dealings continue.8-)(y)
rcookie says():the most important solutions to the current crisis is to enter into the world of the stock market and two-way are the public sector and the private sector,
the government sector will find multiple solutions contribute to the alleviation of the financial crisis through the entry of the dinar in the stock market and they can be to buy the local market requirements of the markets global through it and thus encourage investment in Iraqi dinar and thus the amount of hard currency out into the world markets.
dwightj says():THERES A LOT OF STEPS IN THE STAIRWAY TO HEAVEN WE JUST NEED IRAQ TO INSTALL AN ELEVATOR WITH A HIGH SPEED(lol)
rcookie says():THIS IS LOOPS PIECE FRO YESTERDAY ALL…….
rcookie says():WHOS PLAYING STAIRWAY TO HEAVEN…STOP TEASING…..
dwightj says():IRAQ IS AND THIER NEEDLE IS STUCK(lol)
jimplants says():to me the best part of the article is they are in process not just talking about it
rcookie says():and given the economic stability of the citizen away from the greed of traders who controls the destiny of the people by manipulating prices change on the pretext of the Iraqi dinar exchange rate.
rcookie says to jimplants():(y)
rcookie says():HERE ARE HIS STATEMENTS FOM JAN 2016
importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies
rcookie says():which in turn will give the power of the economic process within the country.an example of the reality of the Iraqi economy, it continues to rely on letters of guarantee granted to the traders to complete the import of goods operations,
and this means limited to Iraqi criticism within the banks, and then prevent the spread of the Iraqi dinar in international markets, and the result was to weaken the value of the dinar and the inability to use it outside the borders of Iraq, noting the importance of the introduction of the Iraqi dinar to global markets.
rcookie says():He continued by saying that the most important results of the unification of laws witheconomic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency This in turn will give the power of the economic process in Iraq.
rcookie says():He said that the entry of the Iraqi dinar investment and thus can any investor to keep the Iraqi dinar as an investment in the currency market, there is no harm in raising the ceiling of printing the local currency as long as there are cash lid covers the domestic currency trading volume in global markets,
also contributes to reduce hard currency emerging from Country, where traders will be able to import goods in Iraqi dinars, as well as an end to the black market phenomenon the fact that traders do not need to buy hard currency to finance their business operations.
rcookie says():Mahmoud said that linking the Iraqi dinar to the global economy leads to obviate the need for an auction of hard currency, which will determine the dinar exchange rate universally Iraqi against a basket of world currencies, helping to rewrite the business model of the private banks,
rcookie says():instead of banks reliance on letters of guarantee and daily quota of hard currency given to it by the central bank on which the banks in achieving their profits, the introduction of banks investment as a project In the major internal and external business processes to take an active role in the country’s economy in the Renaissance.
rcookie says():IF YOUR NOT SMILIN……YOU CANT FOG A MIRROR!!!!!!
jimplants says():and the 3 heads from the IMF UN and world banK IMO are coming to applaud Iraqs return AFTER THEY HAVE ENTERED THE MARKET
rcookie says():LOOPSTER BROUGHT IN….AND IS EN FUEGO!!!
Dovi says to rcookie():(y)
rcookie says():UH OH…NAVY LAUNCHES RESCUE HELICOPTER FOR DOWNED PLANE IN IRAQ…..
Loopback says to rcookie():This one seems like it may be a rehash from yesterday.
Loopback says to rcookie():Iraqi dinar recover! Author: Yasser incumbent
3/9/2016 0:00 Effects specialist Bhoan global stock subject very important when talking about solutions to mitigate the effects of the financial crisis, while pointed to the need for the introduction of the dinar on the stock exchange and adoption in business dealings to recover, how?
He pointed out that the adoption of this mechanism will reduce dependence on remittances and eliminates the black market, and its advantages are also preventing the fluctuation of the Iraqi dinar exchange rate against the dollar, and other than that, it would give the local currency’s strength in the global market, as well as its assistance to the citizen to get support in food prices through the purchase of the main source of global price and without the high costs imposed by the mediators that.
Loopback says to rcookie():I find in this vision of the importance stand then through the Central Bank of Iraq and stakeholders examine this idea to make sure of their ability to help reduce dependence on the currency auction in providing import requirements and this is what will serve those seeking alternative solutions to maintain reserves of foreign exchange and then strengthening the national currency through the adoption in the global market, in the sense that it takes its due role in alleviating the crisis.
This proposal comes at a time when we need to find ways to cope with its effects, we reiterate our call for a study by specialists, and if they can find a way out of global stock market from the effects of the financial distress of why not to pursue this The mechanism?
Loopback says to rcookie():As long as the talk about the stock market must be referring to it real indicator flour for overall economic activity in any country, and its importance to the external levels and internal through its contribution in providing a second income to the citizen sources through the use of some of his savings chunky at home,
here goes out to talk about the culture of the stock market and that another subject, although he is a modern connection, the question is do you really regain the Iraqi dinar role across the global stock market? we will continue to view money experts and economists to see.
Source http://www.dinarupdates.com/showthre…r-recover!-3-8
http://www.dinarupdates.com/showthread.php?31321-Iraqi-dinar-recover!-3-8
rcookie says to Loopback():reduce dependence on the currency auction in providing import requirements and this is what will serve those seeking alternative solutions to maintain reserves of foreign exchange and then strengthening the national currency through the adoption in the global market, in the sense that it takes its due role in alleviating the crisis.
rcookie says to Loopback():WOW LOOP!!!!!!!…….EN FUEGO!!
Loopback says to rcookie():And what has been happening to the auctions lately??
Loopback says to rcookie():They have been reduced!!
rcookie says():LEAKING OIL!!!! rcookie says(): BBL…
rcookie says():OK….GOTTA READ THIS..
Loopback says to rcookie What’s this reading that you speak of?
rcookie says):2016/03/09 (00:23 pm) – hits: 55 – number (3594) Commercial Bank: the next phase will see the completion of the projects at a cost of eight billion dollars
rcookie says():Announced the Trade Bank of Iraq (TBI), on Tuesday, the next phase will experience projects in Iraq at a cost of eight billion dollars, said that including airports and infrastructure projects, the Bank called for Arabic to finance projects as investment opportunities.
The Director General said the Trade Bank of Iraq (TBI) hamdiya JAF (range), that “the Bank is working on projects with more than eight-billion-dollar giant projects such as the establishment of airports and infrastructure projects”, stating that “such projects will help support the country’s economy.”
Dry banks called for Arabic and funds “to finance such projects as investment opportunities in accordance with the new rate investment law addressing all problems and grant opportunities accessible to investors now than ever”,
asserting that “Iraqi banks and Arabic has a role in supporting the country’s economy and build Iraq and this count during the next phase which Iraq needs to gesture more than ever.”
chickadee says to clay01():she said she was last night
rcookie says():Dry followed “the year 2016, is a pivotal moment for the efforts of the Iraq strategy to maintain economic progress and the development of new funding opportunities the Government seeks access to structural and management reforms,
which is long overdue and that when implemented will reveal the enormous investment potential in economy and preparing for enlargement”, noting that “the Iraqi economy proves to be remarkably flexible and reflected in an increased focus on providing security and promoting transparency.
Dry stressed that “Iraq is open to privatization, providing new opportunities for FDI in industries particularly sought international partners to modernize the infrastructure for financial services”,
adding that “the country has become less dependent on oil revenues and that Iraq seeks to establish new partnerships to deal with a number of urgent political and financial issues and infrastructure projects and a fund to support oil and gas, electricity and transport projects.
rcookie says():It is worth noting that Iraq live a financial crisis due to falling oil prices and war Organization (daash), what is the impact on the budget of the country, shut down the majority of projects.
rcookie says():ENORMOUS INVESTMENT POTENTIAL IN ECONOMY….AND PREPARING FOR ENLARGEMENT!!!
Loopback says to rcookie():How are they financing the 8 billion dollars? Is Dry lending it to the TBI?:D
Loopback says to rcookie():investment opportunities in accordance with the new rate investment law addressing all problems and grant opportunities accessible to investors now than ever(y)
JETSET says():Let’s go, RV! Things continue to get more and more exciting!
rcookie says():NEXT PHASE….COMPLETIO OF THE PROJECTS….8 BILLION!!!!! AIRPORTS…INFRASTRUCTURE…
INVESTMENT OPPORTUNITIES IN ACCORDANCE WITH THE NEW RATE INVESTMENT LAW ADDRESSING ALL PROBLEMS & GRANT OPPORTUNITIES ACCESSIBLE TO INVESTORS NOW THAN EVER!!!!!!!!!!!!!
rcookie says():WATER…..WATER…NEED WAT….ER!!!
jimplants says():NEW RATE INVESTMENT LAW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
rcookie says to jimplants():8-|
rcookie says to Loopback(6):WOW!!!….DRY….
willie60 says to jimplants():I read right over that until you pointed it out. lol Thank you
magnetlady says():me too willie6-
magnetlady says():60*
magnetlady says():evening willie60, rcookie, jimplants, jetset
willie60 says to magnetlady():lol must be getting old
magnetlady says():hahaha. I do represent that statement.
JETSET says():Lots of infrastructure projects occuring for a country that is in utter chaos, eh? 😀
jimplants says():ADDRESSING ALL PROBLEMS AND GRANT OPPORTUNITIES ACCESSIBLE TO INVESTORS AGAIN IT SAYS ADDRESSIG ALL PROBLEMS
magnetlady says():yes sir.
quicktolegit96 says():I HAVE SO MANY “REAL PICS” FROM BAGHDAD, IM GOING TO FRAME THEM AND THEN POSTMARK THEM TO ABADI 8-|
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