Dinar Updates

Chat Room Excerpts & Highlights
Included: Rcookie’s News Recap For Sunday….
rcookie says():Urgent .. Mahmood of infallible fast PBT heart of the Iraqi parliament
Sunday 15-05-2016 | 10:37:13Twilight News / Search President Fuad Masum, with Chief Justice Medhat al-Mahmoud deciding the problem of the current House of Representatives.
According to a statement of the Presidency of the Republic, it responded to Twilight News, the Al-Mahmoud stressed his intention to pay close attention to this issue and his quest to make every effort in order that the Federal Court to decide quickly complete and objective neutrality paramount.
http://www.dinarupdates.com/showthread.php?34465-Urgent-Mahmood-of-infallible-fast-PBT-heart-of-the-Iraqi-parliament-5-15&p=152208#post152208
rcookie says():MAHMOUD PLEDGES INTENTION TO PAY CLOSE ATTENTION TO HOR ISSUE AND FOR FEDERAL COURT TO DECIDE QUICKLY..COMPLETE…OBJECTIVE & NEUTRAL IMPORTANCE….
rcookie says():The infallible Abadi discuss three files
Sunday 15-05-2016 | 10:31:55  Twilight News / Search President Fuad Masum, with the Prime Minister Haider al-Abadi political developments to resolve the current crisis to the unified parliament session.
According to a statement of the Presidency of the Republic responded to the Twilight News, the two sides discussed enhancing preparations to achieve more victories to organize terrorist Daash, and redouble efforts to prevent a repeat of the terrorist attacks on citizens all over the country.
It also reviewed the evolution of the current negotiations with the International Monetary Fund to provide financial support for the sponsor to go beyond the current financial crisis so as to promote the process of the evolution of the economic and financial situation of the country.
http://www.dinarupdates.com/showthread.php?34464-The-infallible-Abadi-discuss-three-files-5-15
rcookie says():HERE IS NEWS RECAP FOR TODAY….
rcookie says():PARLIAMENT
COUNCIL OF REPRESENTATIVE PRESIDENT MEETS WITH BLOC HEADS & PARL COMMITTEES DISCUSS RECENT BOMBINGS……
JABOURI MEETS WITH ECONOMIC COMMITTEE DISCUSS REDUCING BUDGET MECHANISMS…NECHIRVAN DIRECTS KURDISH DELEGATION RETURN TO BAGHDAD…
POLITICAL BLOCS AGREE ON HOLDING COMPREHENSIVE PARLIAMENT SESSION THIS TUESDAY 17TH AND RELEASE STATEMENT WITH 7 RECOMMENDATIONS…
FULL QUORUM PARLIAMENT SESSION TUESDAY WITH KURD ATTENDANCE BUT REFORM PARTY NOT ATTENDING PER HILALI…
ABADI ATTENDS DAWA PARTY MEETING TO DISCUSS RETURN TO PARLIAMENT…ABADI ASSERTS COM SESSION FOR AGENDA TOPIC DISCUSSION NOT QUORUM OR VOTING…
MASSUD MEETS WITH MAHMOUD DISCUSS PARLIAMENT AND STATEMENT TO PAY CLOSE ATTENTION TO THIS ISSUE AND EVERY EFFORT FOR FEDERAL COURT TO DECIDE QUICKLY WITH COMPLETE & OBJECTIVE NEUTRALITY PARAMOUNT…
rcookie says():GENERAL
KERRY MEETS WITH KING SALMAN IN SAUDI ARABIA ABOUT SYRIA B& LIBYAN CRISIS…NEW AGREEMENT BETWEEN IRAN & IRAQ TO IMPORT GAS…
PYD SEES NO REASON TO KEEP SYKES PICOT AGREEMENT… MALIKI ACCUSES ABADI OF TEARING SHIITE AND NATIONAL ALLIANCE…
KUWAIT INVITES IRAN & OIL PRODUCERS TO FREEZE PRODUCTION…
JAFAARI & MASUD MEET SEPERATELY WITH UN KUBIS DISCUSS SECURITY AND DISPLACED CRISIS & ISF & PESHMERGA SUCCESS…
ABADI & MASSUD MEET DISCUSS 3 FILES.. .UNIFIED PARL SESSION..SECURITY ISIS…BAGHDAD BOMBINGS…
ABADI OFFICE CALLS ON POLITICAL FORCES PROVIDE ATMOSPHERE FOR RETORN OF PARLIAMENT…
TRADE BANK OF IRAQ WINS 2016 INT’L UNION OF ARAB BANKING ACHIEVEMENT OF EXCELLENCE AWARD…AUCTIONS START WEEKI AT $126 MILLION…
rcookie says():OK…..HERE WE GO!!….
rcookie says():Municipalities: Iraq needs international investment
5/16/2016 0:00   Financial distress and stopped behind the project
BAGHDAD – Suha Shaykhli   confirmed the technical agent for the Ministry of Municipalities Engineer Jaber al – Hassani , a large fallout after stop investment projects in Iraq because of the general situation that led to the economic cycle , which cast a shadow over rising unemployment crashes.
He stressed in his speech Hassani »Sabah» that leaving these projects will lead to extinction, especially with regard to infrastructure, and the weather and environmental conditions will make it to utilize them non – existent.
He said the majority of the investment projects, especially in the cities when the stoppage will affect the infrastructure working in it as routes of transportation and electricity and the movement of trade, and to stop projects and is in the process of completion will affect the city ‘s environment in terms of health as well as other negative aspects, knowing that our ministry involved in projects outside Baghdad.
capital
and stop investment projects in relation to the freezing of capital between al – Hassani said the cabinet dealt stopped investment projects that stalled projects and resolved by mutual consent and the other projects receiving funding.
But we are not currently find senior financiers from outside Iraq and the cause may be the security file or recounted by the media about the weakness and fragility of the economic situation in the country.
And domestic capital explained that the contractors in the private sector have the capital and their companies are not by a large often stay stop working and complemented shall be a burden on the state, explaining that the dues and the funds have been frozen in this project or another and thus be an episode of the economy in the country has stopped ,
while the public sector companies are operating self – financing system and its cadres working When stopped investment projects in these companies will cause the payment of salaries to its employees.
foreign investment
and the lack of foreign investment projects to work in Iraq before entering (Daash) in 2014 said al – Hassani , the head of a coward money where some foreign contractors are believed to be Iraq ‘s investment environment repellent to invest and that investment in Iraq ‘s modern era began after 2003 ,
and with the presence of investment special laws which is good , but they need to be legal and administrative environment that works in coordination between the competent authorities and the investor and the relevant departments, and confirms al – Hassani said investment good beginnings in Baghdad and some provinces as mayor Maysan began.
He explained that the reasons for the reluctance of projects many of them administrative routine internal and external agendas do not want to be in Iraq , investment projects, noting the need to give investment great interest in being a part of the market economy, and that the most important benefits of investing money that foreign it binds Iraq ‘s economy outside.
rcookie says():He Hassani hopes to provide the relevant authorities the possible facilities in the future, stressing the ministry to grant all safe investment territory to the investment Authority, pointing out that the ministry is working in accordance with the municipal law, including the leasing law , which in itself means investing periods certain though it is 20-25 years old.
municipalities and investment
and detect the presence of investment with the private sector and the law in 2016 by certain percentages we have a part of the assets , which is occupied and investor in the project to build and we have previous experience in Mosul , where they were investing with a private sector company to build a city Games in the city .
and after the cessation of investment projects large Fajsartna on the economic side and private projects the majority of projects guestrooms have stopped (164) investment projects as well as stop its infrastructure projects in addition to stop Almjsrat in several cities and all these vital projects stopped and it has a negative impact on those cities .
he stressed that the majority of the investment projects will return to continue their work in the event of improved economic and financial situation in the country, especially since the ministerial sector has a priority in the work because the repercussions will be returned on the citizen directly, the agent explained that the decision No. 45 had addressed the problem of stalled projects due to the financial crisis,
which Options included a compilation of the project , including, but conditions or by mutual consent with the contractor or the contractor comes to funding was a bank to finance the work according to certain benefits and most of the projects that have undergone stopped resolution 146.
Agent He concluded by referring to the project of residential land serviced intended for distribution among the families of the martyrs and displaced completion of infrastructure, roads and power grids, sewage and taken away from them the value of services only
confirmed the completion of the water services and sewer complex Basmajh residential projects increased by more than 80 percent of them.
http://www.dinarupdates.com/showthread.php?34471-Municipalities-Iraq-needs-international-investment-Read-More-http-www-dinarupd&p=152215#post152215
rcookie says():THE HEADLINE IS MUNICIPALITIES: IRAQ NEEDS INTERNATIONAL INVESTMENT…..WOW!!…OK…ON TO NEXT.
rcookie says():HERE IS THE LAST THEN…..
rcookie says():Economic decision requires the involvement of the private sector
5/16/2016 0:00 BAGHDAD – Hussein al-Tamimi Tgb  Economists and money sees the stage and experience experienced by economically Iraq since the (2003-2016) need to be analytical and pause and evaluation dedicated to building the national economy,
according to a look a new strategy for the transition to a market economy, according to the program prepared by the new government and approved by the Iraqi Council of Representatives included six themes notably economic hub.
A member of the World Union of Arab Bankers Naseer Alnasiri: The government program stressed the need to implement phase mission towards building a strategy for the development of the economy and to support and develop the private sector to take its role in contributing to the new construction of the economy and diversify its resources for the budget without relying largely on the oil.
He said in an interview with «morning »that the study of the economic reality that Iraq is going through now, according to the method of economic reform and strategic development of the private sector launched by the government in February 2015 needs to stand logical, scientific and economic on the most prominent themes that requires finding solutions and treatments in the first phase until 2017 and the second phase of the (2018 analysis –2 022) and the third phase of the strategy until 2030 ,
which will take over the private sector , where the leadership of the market, in order to build a proper introductions to move to the mechanisms of the market economy prompt. benchmarks He said this requires the government to own all banking and industrial, agricultural and service fields to participate and cooperate in the implementation of strategic development trends and sector that achieve progress and intermediate goals and long referred to in the above.
http://www.dinarupdates.com/showthread.php?34474-Economic-decision-requires-the-involvement-of-the-private-sector-5-15&p=152219#post152219
rcookie says():He noted the importance of involving the private sector a greater role in economic decision – making and leadership of the market – making by contributing to the improvement of the business in Iraq , environment and the investment climate is encouraging to attract national and foreign capital and encourage the achievement of partnerships between the public and private sector.
urged to contribute to the creation of a new legislative environment based on the terms of reference to Article 25 of the Permanent Constitution and strategies and laws on economic reform and private sector development so as to ensure its activation and its leadership of the market in the future.
He went on to the importance of the perpetuation and activating the partnership, dialogue and cooperation between the private sector and government, and contribute to the development policies, mechanisms and strategies and participate in the follow – up implementation of the resolution to move the programmed stages in time to a market economy.
financing sources Alnasiri between the possibility of the private sector to work towards the provision of additional sources of financing of the general budget of the State of the adoption of the development and diversification of resources towards raising the proportion of other resources in non – oil GDP, as well as to encourage the establishment and development of micro, small and medium enterprises Pmaahakq comprehensive and sustainable , including the formation of specialized institutions for the purpose of development.
He pointed out that the private sector can cooperate in ensuring the implementation of the central plans in the provision of infrastructure to encourage private sector development in industry, commerce, agriculture, tourism and mineral resources and energy and utilities, as well as activating the role of specialized banks and private banks to provide soft loans to the private sector and the national as well as finding solutions to the problems of taxes and accrued interest resulting from the owners of the stalled production projects and the development of short and medium – term fiscal policy solutions.
http://www.dinarupdates.com/showthread.php?34474-Economic-decision-requires-the-involvement-of-the-private-sector-5-15&p=152219#post152219
rcookie says():active participation and pointed to the importance of coordination and cooperation with the ministries and financial institutions the statistical interested in building a base of financial and statistical information and ensure transparency, effective with the government and participate in the implementation of the restructuring of public companies and facilitate partnerships with the private sector measures,
as well as to contribute to ensuring the quality of local products and services and imported standards, stressing the importance of cooperation with relevant institutions in the rehabilitation and training resources human specialized in the private sector.
Alnasiri urged to encourage private banks to invest in economic projects so as to enhance the proportion of its contribution to GDP and to accelerate the legislative amendments to achieve this goal, and work on private corporate governance and adoption in government and private institutions regulations legislation, seeking to pass legislation that will allow the involvement specialists and professionals from the private sector as members of corporate boards of public.
http://www.dinarupdates.com/showthread.php?34474-Economic-decision-requires-the-involvement-of-the-private-sector-5-15&p=152219#post152219
subgirl says to rcookie():there is that word again: private sector!!! 🙂 Awesome news!!!
subgirl says to rcookie():AND Municipalities: Iraq needs international investment I like the international investment too 🙂
Josie says():Subby: Private Sector and International Investment Agreed 1
subgirl says to rcookie():also reading this is great for the projects: He said the majority of the investment projects, especially in the cities when the stoppage will affect the infrastructure working in it as routes of transportation and electricity and the movement of trade, and to stop projects and is in the process of completion will affect the city ‘s environment in terms of health as well as other negative aspects, knowing that our ministry involved in projects outside Baghdad.
subgirl says to rcookie():investment projects such as transportation, electricity, movement of trade…
subgirl says to rcookie():process of completion will affect the city ‘s environment in terms of health
rcookie says():FOLKS……THE LAST 3 ARTICLES WERE ENTITLED….”ECONOMIC DECISION REQUIRES THE INVOLVEMENT OF THE PRIVATE SECTOR”…..
“MUNICIPALITIES: IRAQ NEEDS INTERNATIONAL INVESTMENT”…AND “IRAQ IS CLOSE TO ACHIEVING DEVELOPMENT GOALS”…..
dale says to bigrudy():Rcookie : Sounds great !!!
subgirl says to rcookie():sounds like they are moving forward to being about done!!! achieving dev. goals!!!
Scotzgirl says to rcookie():They’re certainly not hiding their progress or intensions, are they
dale says):Rcookie : Sounds great !!!
kayb says():Rcookie – We are reading the articles. Too busy reading to comment!!! LOL
Scotzgirl says to rcookie():intentions
mrjazzman66 says():Im in awe speechless with all the great news you bring in Rcookie
cjquade54 says to rcookie():just got back in … involvement of the private sector … yeah that’s what we want !!
cowboywads says():SUBBY AND SHEILA WHAT ARE YOU GIRLS GOING TO DO WITH ALL THAT MONEY
😀 WHAT ELSE SPEND IT (6)
sheila3 says to cowboywads() alot of it lol
cowboywads says():THATS HALF THE FUN OF HAVEING MONEY LOL
sheila3 says to cowboywads():shop,shop,shop 😀
subgirl says to cowboywads():yep lol but remember to make the money work for us! so we can keep it on and on for our families… but yes spend some of it lol 😀
cowboywads says():THATS RIGHT SUBBY
subgirl says to cowboywads():yep 🙂 spend interest not principle…
bouch69 says to mrjazzman66():I second that
bouch69 says to rcookie):Wonder how many cement producers have capcity and made investments in greenfield plants. This is going to be one huge market for the industry and low risk. RCOOKIE you could start a consulting business and make $$$$. But you just need a break inbetween Gigs .(H)
rcookie says():POSTED A HUGE ARTICLE A LITTLE EARLIER ON PRIVATE SECTOR….THERES THOSE WORDS AGAIN!!…BUT THIS WAS LITTLE DEEPER THAN MOST….
larrykn says to rcookie():what time I’ll go look
rcookie says():Economic decision requires the involvement of the private sector
5/16/2016 0:00 BAGHDAD – Hussein al-Tamimi Tgb   Economists and money sees the stage and experience experienced by economically Iraq since the (2003-2016) need to be analytical and pause and evaluation dedicated to building the national economy, according to a look a new strategy for the transition to a market economy, according to the program prepared by the new government and approved by the Iraqi Council of Representatives included six themes notably economic hub.
A member of the World Union of Arab Bankers Naseer Alnasiri: The government program stressed the need to implement phase mission towards building a strategy for the development of the economy and to support and develop the private sector to take its role in contributing to the new construction of the economy and diversify its resources for the budget without relying largely on the oil.
He said in an interview with «morning »that the study of the economic reality that Iraq is going through now, according to the method of economic reform and strategic development of the private sector launched by the government in February 2015 needs to stand logical, scientific and economic on the most prominent themes that requires finding solutions and treatments in the first phase until 2017 and the second phase of the (2018 analysis –2 022) and the third phase of the strategy until 2030 ,
which will take over the private sector , where the leadership of the market, in order to build a proper introductions to move to the mechanisms of the market economy prompt. benchmarks He said this requires the government to own all banking and industrial, agricultural and service fields to participate and cooperate in the implementation of strategic development trends and sector that achieve progress and intermediate goals and long referred to in the above.
He noted the importance of involving the private sector a greater role in economic decision – making and leadership of the market – making by contributing to the improvement of the business in Iraq , environment and the investment climate is encouraging to attract national and foreign capital and encourage the achievement of partnerships between the public and private sector.
Read More :http://www.dinarupdates.com/showthre…te-sector-5-15
rcookie says():urged to contribute to the creation of a new legislative environment based on the terms of reference to Article 25 of the Permanent Constitution and strategies and laws on economic reform and private sector development so as to ensure its activation and its leadership of the market in the future.
He went on to the importance of the perpetuation and activating the partnership, dialogue and cooperation between the private sector and government, and contribute to the development policies, mechanisms and strategies and participate in the follow – up implementation of the resolution to move the programmed stages in time to a market economy.
financing sources Alnasiri between the possibility of the private sector to work towards the provision of additional sources of financing of the general budget of the State of the adoption of the development and diversification of resources towards raising the proportion of other resources in non – oil GDP, as well as to encourage the establishment and development of micro, small and medium enterprises Pmaahakq comprehensive and sustainable , including the formation of specialized institutions for the purpose of development.
He pointed out that the private sector can cooperate in ensuring the implementation of the central plans in the provision of infrastructure to encourage private sector development in industry, commerce, agriculture, tourism and mineral resources and energy and utilities,
as well as activating the role of specialized banks and private banks to provide soft loans to the private sector and the national as well as finding solutions to the problems of taxes and accrued interest resulting from the owners of the stalled production projects and the development of short and medium – term fiscal policy solutions.
active participation and pointed to the importance of coordination and cooperation with the ministries and financial institutions the statistical interested in building a base of financial and statistical information and ensure transparency, effective with the government and participate in the implementation of the restructuring of public companies and facilitate partnerships with the private sector measures,
as well as to contribute to ensuring the quality of local products and services and imported standards, stressing the importance of cooperation with relevant institutions in the rehabilitation and training resources human specialized in the private sector.
Alnasiri urged to encourage private banks to invest in economic projects so as to enhance the proportion of its contribution to GDP and to accelerate the legislative amendments to achieve this goal, and work on private corporate governance and adoption in government and private institutions regulations legislation, seeking to pass legislation that will allow the involvement specialists and professionals from the private sector as members of corporate boards of public.
http://www.dinarupdates.com/showthread.php?34474-Economic-decision-requires-the-involvement-of-the-private-sector-5-15
jimplants says():rcookie IMO they have told us they are going to enter the economic markets as a real player … just not when
rcookie says():IMPORTANCE OF INVOLVING PRIVATE SECTOR IN GREATER ECONOMIC POLICY DECISION MAKING ROLE AND MARKET LEADER…
DRIVING IRAQI BUSINESS & INVESTMENT ENVIRONMENT IMPROVEMENT…AND ATTRACTING FOREIGN CAPITAL AS WELL AS PUBLIC & PRIVATE SECTOR PARTNERSHIPS….
rcookie says():URGED TO SUPPORT NEW LEGISLATIVE ENVIRONMENT ON REFERENCE TERMS OF ARTICLE 25 OF CONSTITUTION…WITH STRATEGIES & LAWS OF ECONOMIC REFORM AND PRIVATE SECTOR DEVELOPMENT…
TO ASSURE ITS ACTIVATION AND LEADERSHIP OF IRAQS MARKET IN THE FUTURE…
STSED IMPORTANCE OF PERPETUATING & ACTIVATING PARTNERSHIP & DIALOGUE AND COOPERATION BETWEEN PRIVATE SECTOR & GOV’T TO CONTRIBUTE TO DEVELOPING POLICIES…MECHANISMS & STRATEGIES IMPLEMENTATION AND FOLLOW UP….
THIS WILL PROMOTE ADDITIONAL NON OIL REVENUES TO GDP & BUDGET WHILST PROMOTING MICRO..SMALL..MEDIUM AND LARGE ENTERPRISE AND SUSTAINABLE ECONOMIC DEVELOPMENT….
cjquade54 says():I like that they are calling this transformation “economic reality” (y)
rcookie says():PRIVATE SECTOR WILL DRIVE CENTRAL INFRASTRUCTURE IN AGRICULTURE…INDUSTRY  …COMMERCE…TOURISM…MINE RALS…ENERGY & UTILITIES
AND ACTIVATE ROLE OF PRIVATE BANKS WITH SOFT LOANS TO PRIVATE SECTOR…
INCREASED TAX REVENUES WITH COOPERATION & COORDINATION WITH MINISTRIES OF FINANCIAL INSTITUTIONS…THYAT BUILD AN ACURATE & TRANSPARENT DATA REPORT CREATION AND SUBMISSION…..
AGAIN TALKED ABOUT QUALITY PRODUCT STANDARDS AND SPECIALIZED HUMAN RESOURCE TRAINING TOWARD PRIVATE SECTOR…
rcookie says():THIS IS ALMOST AS IF THE IMF WAS HOLDING THE MOVING PEN…AS THIS WAS BEING WRITTEN…..TO THE LETTER!!!….
rcookie says to jimplants():AGREED…NOT JUST BY WORDS BUT THROUGH ACTIONS ALSO…
jimplants says():i know we have a back date of before the middle of the year but they are teasing us they just need to rid themselves of the crooks to get a fresh start
Read More: http://www.dinarupdates.com/showthread.php?34446-Sunday-May-15-2016/page3
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