Chat Room – Excerpts & Highlights
rcookie says():Parliamentary Reconciliation: No vote on the law of accountability unresolved Khallavat blocs
logo jumhuriya Parliamentary Reconciliation: No vote on the law of accountability unresolved Khallavat blocs
Sun, 04 Sep 2016 07:37:20 # Algmehorah_uz The head of the reconciliation committee and parliamentary accountability Hisham al-Suhail today, that there is disagreement on the draft accountability and justice law, he did not offer to a vote during the parliamentary session this week.
Suhail said in a statement Sunday that “the law of accountability and justice will not expose sessions of parliament for a vote this week.” He pointed out that the law introduced during the previous sessions of Parliament for a vote this had not happened because of some controversial points that need to be adjusted.
He added, “The controversial paragraphs not been resolved so far, so the law will not be put to the vote this week and expressed hope that the completion of the points of contention and voted on during the next parliamentary sessions after the Eid al-Adha.”
The Presidency of the Council of Representatives had postponed voting on the draft law of accountability and justice for several times due to the completion of the Committee on the disputed paragraphs.
rcookie says():Sit – ins began in the provinces of Baghdad , at the invitation of the chest
logo jumhuriya Sit-ins began in the provinces of Baghdad, at the invitation of the chest
Sun, 04 Sep 2016 07:27:05 # Algmehorah_uz It began supporters of the Sadrist movement, on Sunday, to go on strike always in a number of ministries and government departments in the capital Baghdad, at the invitation of the cleric Moqtada al-Sadr to put pressure on the Government to implement reforms.
rcookie says():AUCTIONS AT $`126 MILLION…
rcookie says():Central Bank: The government is facing a shortage of Iraqi dinars on the market
logo republic Central Bank: The government is facing a shortage of Iraqi dinars on the market
Sun, 04 Sep 2016 10:51:24 # Algmehorah_uz
The Central Bank of the province on the Keywords day, that the fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars on the local market, pointing out that the Ministry of Finance is selling 80% of dollar revenues to the central bank and then the latter to sell hard Eulma market gets to the Iraqi dinar .
Keywords and said L / Republic News / “There is a hard currency exit out of Iraq because of the security and economic conditions experienced by the country, pointing out that the central bank gives the spearhead of the individual to act in the funds, whether the currency conversion abroad for reasons to travel or invest outside of Iraq.”
And that “the Iraqi dinar is an internal expenses, government contracts and its imports are considered hard currency, pointing out that” fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars in the local market. ”
And that “the Ministry of Finance get foreign exchange earnings increased by 100%, pointing out that the financial sell 80% of foreign currency to the central bank to be put up in the market to sell and get the Iraqi dinar is then cashed in the local market to be traded in terms of the payment of staff salaries “.
He pointed out that “the occurrence of financial crimes and thefts for some banks pay the central bank to intensify actions on the banks to protect the capital, stressing that the central bank has no any auction for the sale of hard currency in the whole of Iraq.”
rcookie says():YEA…..NO PROOF AT ALL THAT THE REDUCE THE NOTE COUNT PHASE IN DELETE ZERO PROGRAM IS WORKING….LOL
larrykn says():GM everyone 🙂
larrykn says to rcookie():read that this morning was wondering if that had to do with the deleting of the zeros
larrykn says to rcookie():GM sir 🙂
rcookie says():Parliament: we can not legislation within the laws of political differences
logo jumhuriya Parliament: we can not legislation within the laws of political differences
Sun, 04 Sep 2016 07:57:30 # Algmehorah_uz
House of Representatives confirmed the decision Imad Youkhana, that the laws of a political nature will not be put on the agenda of the meetings of Parliament agenda without the agreement of the parliamentary blocs.
Said Youkhana, “The controversial laws create an atmosphere is not suitable for legislation in the parliament, so do not put only when the agreement on the put,” noting that “put forward with the differences widen the gap between the political blocs, and incapable of parliament for the legislation so we go to the agreed legislation reconciliation of interest to society. ”
He explained, “There are many laws waiting for the legislation, some of them political in nature and controversial so far the political blocs have not agreed upon, as the law and the Federal Council, oil and gas and other laws remain the Federal Court.”
“At the same time, there are laws passed in the last stage, including a ban on the Baath Party, the general amnesty,” noting that “it is an achievement for the House of Representatives,” noting that “we are waiting for modifying the Justice and Accountability Act.”
He pointed out that the decision to the parliament, “these laws related to reconciliation and to calm the situation in the areas liberated from Daesh, for the purpose of the return of parents and community harmony, as we focus on laws that restore cohesion to the community.”
It is noteworthy that, several laws approved in Parliament crashes since the previous sessions and the most important of the National Guard and the oil and gas of the Federal Court Rules and other trace differences that revolve around by the political blocs.
The House of Representatives planned, Youkhana, between yesterday’s {Euphrates News}, that “the Federal Court Act is ready for a vote, but the political agreement did not get it,” adding that “the law is present and there were some points of contention have been processed, and there is a point between the coalition Kurdish blocs and the other still stuck until now has not been resolved yet. ”
The legal committee member of the parliamentary Salim Chawki, said on 30 July, for {Euphrates News}, “There Twaqie collected by the House of Representatives for a legal Federal Court display and other important laws on the axes of the next sessions,” adding “there is a desire among MPs and sincere intentions to enact laws broken. ”
The recall, the House of Representatives voted on 25 of last August, approving the general amnesty law passed in the Supreme Judicial Council on 28 August, instructed law enforcement.
rcookie says to larrykn():GM LARRY…..YES IT SURE DOES…
larrykn says():lowering the note count will take years to complete but its a good sign that they have to do something soon due to the low note count
rcookie says():I HAVE A BIG SUNDAY MORNING SMILE….
rcookie says():THOUGHT EVERYONE WAS SLEEPING….
sassy says():rcookie they can have my notes if there is a shortage
plowboy says to rcookie():I’d really really like to have one too
rcookie says to sassy():MINE TOO….:D
sassy says():(F)
rcookie says():OK….HERE YOU GO….
plowboy says to rcookie():d
rcookie says():Washington suggest the IMF projects growth of non – oil sector in Iraq by 2018
Author: AB, ASJ, HH Editor: AB, HH 09/04/2016 13:38 Number of Views: 299
Long-Presse / Baghdad Suggested the US Embassy in Baghdad, on Sunday, the growth of the International Monetary Fund projects sectors is oil in Iraq by the year 2018, and revealed that Iraq is a candidate for accession to the World Trade Organization,
and as pointed to the need for the Iraqi government some major reforms, the investment climate to improve, confirmed that the bank international and Washington identified the sectors that could be developed to contribute to attracting investment in Iraq.
A spokesman for the US embassy in Baghdad Kim Dboa in an interview with (long-Presse), said that “Iraq needs financial stability to evolve as the standby credit agreements of the International Monetary Fund and support associated with it will help facilitate a stronger financial position over the next few years, especially with the and a slight rise in oil prices, “returned to” Iraq needs to focus on ensuring the stability of the oil sector and the expansion of non-oil sources of revenue. ”
He Dboa, that “the IMF projects growth in non-oil sectors of Iraq’s economy will slow during the current year 2016, and then begin to rise by the year 2018,” noting that “investing in projects in non-oil production is crucial for the Iraqis.”
.
He predicted Dboa, “the Iraqi economy shift to a more market-oriented economy, being the focus of his business to deal with the international community, including the United States and other trading partners, where keen on belonging to the international community through its cooperation with international organizations including the IMF international and the World Bank, the United Nations and the Arab League, “stressing that” Iraq is a candidate for accession to the World trade Organization. ”
Read More http://www.dinarupdates.com/showthread.php?40266-Washington-suggest-the-IMF-projects-growth-of-non-oil-sector-in-Iraq-by-2018-9-4&p=160689#post160689
rcookie says():He said US embassy spokesman, said: “Iraq needs to do some major reforms to improve its climate for investment for both Iraqi and foreign parties,” pointing out that “the World Bank and the Government of the United States identified the sectors that will develop them to contribute to attract investment and create jobs and develop the economy Iraqi. ”
He pointed Dboa, that “the International Monetary Fund will provide $ 5.4 billion to Iraq over the next three years, in addition to the plans of the World Bank to help Iraq a loan of an additional value of three billion dollars,” explaining that “this assistance comes in addition to the current loans provided by these institutions which provide billions in support of infrastructure projects and to cover the budget deficit. ”
The Dboa, that “the International Monetary Fund and international donors program among them the United States provided billions of dollars in extra aid for Iraq,” vowing to “the continuation of the United States to work together with the International Monetary Fund, World Bank and others in order to help Iraq achieve financial stability.”
The number of participating countries within the humanitarian aid, stability and remove the mines which was hosted by the United States government in the private donors’ conference (20 July 2016) has been granted Iraq $ 2.1 billion.
The US Embassy in Baghdad, uncovered, on Wednesday (31 August 2016), the trade exchange achieved with Iraq since the beginning of this year until August, totaled more than $ 2.6 billion, and as pointed out that trade between the two countries amounted to 6.6 billion dollars for 2015, pointed out that there is a desire among US companies to invest in Iraq.
LINK http://www.dinarupdates.com/showthread.php?40266-Washington-suggest-the-IMF-projects-growth-of-non-oil-sector-in-Iraq-by-2018-9-4&p=160689#post160689
rcookie says():EVERYONE OUT COLD….
plowboy says to rcookie():they sure are throwing a lot of money their way
rcookie says():US MAKING STATEMENT IRAQ IS CANDIDATE FOR WTO ACCESSION….AND TIME TO COMPLETE MAJOR REFORMS TO IMPROVE THE INVESTMENT CLIMATE AND THE IMF & WASHINGTON HAVE IDENTIFIED SECTORS TO BE DEVELOPED TO ATTRACT INVESTMENT IN IRAQ…
US EMBASSY SPOKESMAN STATES IRAQ NEEDS FINANCIAL STABILITY AS THE SBA FUNDS ARE ACCESSED OVER NEXT FEW YEARS…
HE PREDICTS THE IRAQI MARKET SHIFTING TO A MORE MARKET ORIENTED ECONOMY…
AND THE CONTINUED MOVE TO NON OIL RELIANCE AND INT’L INVESTMENT FOCUS USING COOPERATION WITH INT’L ORGANIZATIONS…MAKE IRAQ A CANDIDATE FOR WTO ACCESSION!!!!!!!!!!!!
rcookie says():THEY ARE ANNOUNCING IRAQ IS READY FOR WTO ACCESSION!!!!!!!!!!!!!!!!!!!!!
rcookie says():HELLO..
plowboy says to rcookie():that sounds like a winner
plowboy says to rcookie():I smell an rv
sagecanyon says():Great news!! Thanks Rcookie!
dale says():GM all and sounds great !
sassy says():rcookie now that is great news
larrykn says to DIGIman1():if they are announcing they are ready I would think we are not that far off now 🙂
DIGIman1 says to larrykn():i have been practicing my happy-dance for weeks now 🙂
DIGIman1 says to larrykn():people are looking at me kinda funny….
DIGIman1 says to larrykn):did we determine if the IEX is the same as the ISX?
Okie Dinar says():GM! Seems like some incredible news already this morning! Awesome! Thank you Rcookie!
rcookie says to Okie Dinar():GM OKIE!!…YVW
Okie Dinar says to rcookie()::) You have me singing… I’m so happy 🙂 GREAT news!
Elane says():Good morning DU…. great news.. thanks R cookie …. great way to start this SUNDAY!
Okie Dinar says to Elane():GM Elane! Agreed!
Okie Dinar says to Elane()::)
Soonergirlie says():I like the shortage of notes article (y)
Okie Dinar says to Soonergirlie():(y) 🙂 Me too!
jimplants says():for iraq toqualify for the WTO theyneed to have a currency that has a REAL VALUE NOT IMPOSED BEFORE THEY CAN JOIN
Elane says():This is all just such stellar news.. BRILLIANT!
jimplants says():AGAIN BEFORE THEY CAN JOIN A REAL VALUE
Okie Dinar says to jimplants()::)(y)
sassy says():jimplants exactly
rcookie says to Soonergirlie():YEAH…BUT I SURE WISH THERE WAS PROOF THAT THE REDUCING THE NOTE COUNT WAS WORKING OR IN PLAY AT ALL….
Soonergirlie says():nice jim (y)
Soonergirlie says to rcookie()::D
rcookie says to jimplants):EXACTLY…..
sassy says():rcookies new mission to find proof 😀
rcookie says to jimplants():EVERYONE WAS STILL SNOOZIN..
jimplants says():WELL I BELIEVE THEY ARE WAKING UP. GOOD MORNING SIR
Okie Dinar says to jimplants):I’m WIDE awake now 🙂
rcookie says to jimplants():I HAVE HAD PROOF AND CONFIDENCE….ITS SOME OF THE GROUNDED…KEEPING IT REAL NEGATIVE NELLIES…THAT A NEED A WHACK FROM A PUSUADER!!…
jimplants says():like i said the other day…WHEN YOU KNOW WHAT YOU KNOW AND YOU KNOW YOU ARE RIGHT….nothing else matters
saturday night says():I know that I know the positive folks will be in the bank exchanging while the negetive will be outside complaining to the hotdog man.
Okie Dinar says to saturday night)::D
hutch says to saturday night():(lol)
DIGIman1 says():you guys have hot dog vendors outside your banks? cool!! 😀
DIGIman1 says():all we get here are guys that fix stone chips in your windshield…..
ol lar says():
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=transla te.google.com&sl=ar&u=http://www.faceiraq.com/inews.php%3Fid%3D5059234&usg=ALkJrhgnPJ5aXTjduhaG3 oZkU1tejhQsRw
ol lar says():Central Bank: The government is facing a shortage of Iraqi dinars on the market
September 4, 2016 Walter Central Bank: The government is facing a shortage of Iraqi dinars on the market Sun, 04 Sep 2016 10:51:24 # Algmehorah_uz
The Central Bank of the province on the Keywords day, that the fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars on the local market, pointing out that the Ministry of Finance is selling 80% of dollar revenues to the central bank and then the latter to sell hard Eulma market gets to the Iraqi dinar .
Keywords and said L / Republic News / “There is a hard currency exit out of Iraq because of the security and economic conditions experienced by the country, pointing out that the central bank gives the spearhead of the individual to act in the funds, whether the currency conversion abroad for reasons to travel or invest outside of Iraq.”
And that “the Iraqi dinar is an internal expenses, government contracts and its imports are considered hard currency, pointing out that” fiscal policy of the Iraqi government in general is facing a shortage of Iraqi dinars in the local market. “
And that “the Ministry of Finance get foreign exchange earnings increased by 100%, pointing out that the financial sell 80% of foreign currency to the central bank to be put up in the market to sell and get the Iraqi dinar is then cashed in the local market to be traded in terms of the payment of staff salaries “.
He pointed out that “the occurrence of financial crimes and thefts for some banks pay the central bank to intensify actions on the banks to protect the capital, stressing that the central bank has no any auction for the sale of hard currency in the whole of Iraq.”
ol lar says():RCOOKIE: YEAH…BUT I SURE WISH THERE WAS PRROF THAT THE REDUCING THE NOTE COUNT WAS WORKING OR IN PLAY AT ALL….
ol lar says():does the above work as proof?
rcookie says to ol lar():I BROUGHT THAT IN EARLIER…THAT COMMENT WAS SARCASTIC DIRECTED TO THE NEGATIVE NELLIE DENIERS WHO ALWAYS CHALLENGE THE NEWS…
rcookie says():Maliki affects the central bank to control the sale of hard currency windows
(Independent) .. carrying member of the economic and investment commission in Parliament MP Abdul Salam al-Maliki, on Sunday, the Iraqi Central Bank legal and moral responsibility in the event of failure to take quick and decisive action to stop the smuggling of foreign currency from the dollar operations under the name of windows of the central bank to drain currency, warning measures deterrent will be taken to protect the country’s economy and wealth.
Maliki said: “There are measures included many of the suspicions of corruption and fraud what is known as a window of foreign currency sale at the Central Bank, which caused the depletion of the currency of the country and led to the decline of dollar reserves in a safe bank, which was of more than $ 80 billion to the unknown number can not the Central Bank declare him “.
He added: “We have confirmed information that indicates a low level of cash reserves of hard currency to the low levels portend serious disasters in the short and long term has been threatening to bankrupt Iraq and sank in the external debt.”
He explained that “there is a vast difference between the approved price for the local market accredited to the Central Bank of the price, allowing the spoilers and behind them by depriving the government of tax and Alcomerk in addition to depriving the Iraqi people of the benefit of the real exchange rate.”
He noted that “the central bank has failed to control the exchange rates of foreign currencies, despite the many promises made by the actions carried out by, and that was the result spoilers increase the wealth and increasing poverty of the citizen.”
And carry-Maliki’s central bank “responsibility for this corruption and waste of the people’s wealth exciting way to suspicions managed through which corrupt the drain on the domestic economy,” warning “to take punitive action in the interrogation and to hold accountable those responsible for this negligence and negligence in the event of failure to take swift action to stop it.”
rcookie says():NO….NOT THAT MALIKI…THE OTHER ONE….WANTS AUCTIONS STOPPED….PRONTO!!!……..
dale says():I’ll vote for that Maliki !!!
rcookie says):OK DU…….GET YOUR CHECKLISTS OUT……YOU CAN ADD INDIA TO THE LONG…LONG LIST OF COUNTRIES CUED UP TO ENGAGE IN FOREIGN INVESTMENT DEVELOPMENT FUNDING….THIS TIME IN NAJAF…
rcookie says():Upper threshold plans to open hospitals, malls and building partnership with India
History Tahrir:: 2016/9/3 20:29 • 237 times mqrw’h
Upper threshold plans to open hospitals, malls and building partnership with India
{Najaf: Euphrates News} examined the upper threshold of the Holy with the Indian ambassador in Iraq, George Raju and his accompanying delegation, to open specialized medical hospitals in Najaf with ways to implement the construction of large malls in Najaf projects to be jointly between the threshold and the Indian side under the auspices of the province of Najaf. ”
A member of the Board of Directors responsible investment profile Ali Sadiq said in a statement the agency {Euphrates News} received a copy of it today that ” the invitation of the Indian ambassador and a group of traders and business representatives from the Confederation of Indian Industry where they discussed ways of joint cooperation for the purpose of opening the prospects for trade cooperation between the investment Holy threshold and the Indian side through the opening of a permanent exhibition and factories in the area of tourism and services. ”
He added that” India a developed country in the field of industries in general and medical industries exclusively been discussing opening a specialized medical hospitals in Najaf with ways to implement the construction of large malls in Najaf projects to be jointly threshold and the Indian side under the auspices of the province of Najaf. ”
for his part, Raju according to the statement , ” I am happy to be back again to Najaf and my visit is the fourth to the upper threshold of the Holy, and we have a great desire to return economic relations between India and Iraq momentum and strength that stretches for six thousand years and we are ready to support Iraq in all education, science and reconstruction and construction, health and hospitals and investment fields. ”
on cooperation with the Holy threshold” We know that the holy threshold has various projects in the interest and serve the citizens and visitors and we want to participate in these projects, and we discussed with officials in the threshold how to develop swimming and health sectors and the opening of permanent and reconstruction projects, housing and commercial center, and officials expressed in the threshold welcomed Indian expertise and we are fully prepared and Hamas to go and work with the sacred threshold. ”
He continued , ” We have proposed to the Council of the threshold management to implement alternative energy {solar projects} and the introduction of modern technology in the management of joints holy threshold director of the Federation of industries of Indian chambers of Commerce Haridas Bancirda, was welcomed by a member of the board of Directors visited a specialist delegation from India to the sacred threshold to discuss activating cooperation frameworks “.anthy
rcookie says():YEP….SURE WOULD BE NICE IF THE WORLD WOULD SHOW SOME CONFIDENE AND EXPRESS SOME INTEREST IN IRAQ,….SUCH A CESSPOOL!!…..ROFL…
rcookie says():WITH FRIENDS LIKE IRAN….HERE IS SOME INSIGHT AS TO HOW IRANIAN BANKS AND CLERICS HAVE HELPED TO UNDERMINED THE IRAQI BANKING SECTOR…
rcookie says():POSTED THIS LAST NIGHT..
rcookie says():”Failure” of the Iraqi banking pays money to Iran as the “green light” from the clerics and leaders of factions
Author: AB, HH, MJ Editor: AB, BK, HH 09/03/2016 23:57 Number of Views: 820
Long-Presse / Baghdad Iranian banks have succeeded, to attract Iraqi funds in the phenomenon it began to widen through the granting of facilities and benefits attractive untapped distrust Iraqi counterparts, where armed Shiite factions and religious fatwas played an encouraging role on those investments, with the exception of specialists invest the Iraqi capital in the neighboring countries, “danger” that threatens Iraq’s economy, the Finance Committee asked in the House of Representatives to “reconsider” the work of Iraqi banks and banking policy.
$ 100 for every 10 thousand
He decided Adnan Kazim, a resident of Sadr City, in eastern Baghdad, the sale of his house with two floors, measuring 144 m2 and move to live in Iran after they invested their money in the banks, taking advantage of the benefits of “tempting” awarded by enough needs.
He says Kazim, in an interview to the (long-Presse), said that “his house amounted to 230 million dinars, equivalent to about 176 thousand dollars, which invested 120,000 dollars of them in one of Iranian banks,” noting that “the Iranian bank gives $ 100 a month for each 10 thousand dollars. ”
He adds Kazim, he “moved with his family of nine members, to live in the city of Mashhad, four months ago, where he rented a house for the price an appropriate analogy counterpart in Baghdad,” he returned to “Iranian banks safer and more confident of their Iraqi counterparts.”
Confirms Kazim, that “life in Iran is less expensive than Iraq, as the US $ 320 a month enough for him and his family a month,” he said, adding that “many of the jobs available in Iran, where he works as the conduct of currency provides the equivalent of 40 Tomana a day to meet the expenses.”
He continues Kazim, that “three of his children joined the private schools affiliated to the Iraqi Ministry of Education in the city of Mashhad, in return for an annual fee of $ 300, including transportation costs,” adding, “lower prices for food and household needs in Iran than it is in Iraq.”
http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions
rcookie says():Shiite faction leaders and clerics “pave” to invest in Iran
In turn decided citizen Hussein Abbas, a resident of Sadr City also invest 10 thousand dollars in one of Iranian banks, they returned to the banks, “a safer and more confident” of Iraqi counterparts, and, underscoring that “the armed Shiite factions leaders are the first to have begun to invest their money in Iran, revealed that hundreds of people have begun to invest there after a fatwa from the clergy.
Abbas says, in an interview to the (long-Presse), said that “Iranian banks give more facilities to the foreign investor without complications or conditions obstructive,” returned to “Iranian banks safer and more confident Iraq that began declare bankruptcy after it missed depositors’ money, without The central bank and the rest of the concerned authorities lifted a finger. ”
Confirms Abbas, that “the armed Shiite factions leaders and its members, who first began to invest their money in Iranian banks to follow them after hundreds of people,” adding that “fatwas clergy that there are no forms of illegal benefits given by Iranian banks, on the grounds that Iran is a state Muslim does not deal with riba, it paved the way for investment in those banks. ”
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions
rcookie says():Expert: dangerous phenomenon that threatens the Iraqi economy and the owners of the funds themselves
On the other hand sees banking expert, that the “loss of confidence” of Iraqi banks forced the owners of the funds to seek to invest abroad, while the longer that it involves a “serious risks” to the Iraqi economy and the investors themselves, calls for the development of quick solutions to restore confidence in national banks and activation of the financial and banking sector to eliminate usury and money laundering and fraud.
He says Abdul Hassan Ziadi, in an interview to the (long-Presse), said that “a number of reasons have led to the withdrawal of the Iraqi capital to neighboring countries, such as Iran, including the activity of the Iraqi private banking sector has become virtually non-existent in terms of interest and investment,” noting that “the Iraqis are now private banks do not trust what forced them to run their money in other countries. ”
He adds a banking expert, that “Iranian banks granted the benefits increase more than 15% to attract investors and owners of the funds, which encouraged a lot of Iraqis to sell their property and transfer their funds to it,” adding that “Jordan has succeeded is the other in attracting deposits and huge investments in Iraq due to their financial stability and security and what gives him the facilities and advantages. ”
He continues Ziadi, that “the Iraqi banks were previously attracts a lot of people, but they have lost their confidence because of the nature of their work,” she returned to “invest in the Iraqi capital of neighboring countries pose a threat to Iraq’s economy, but the Iraqi citizen himself.”
Attribute the banking expert, to “the difficulty of retrieving the Iraqi citizen money from Iranian banks, they will not allow it and will not allow any other nation because the output of these funds means collapse,” explaining that “the money from Iraq output is easy, but returned to it would be extremely difficult “.
It demands Ziadi, government agencies need to “prosecute the both promoted to invest money in Iranian banks or any other country,” stressing the need to “develop quick solutions to avoid any threat to the Iraqi economy as a result of the proliferation of those bad phenomenon and control.”
And it calls Ziadi, to “restore the confidence of national banks and encourage them to give appropriate depositors benefits as well as the activation of the financial and banking sector for the elimination of usury, money laundering and fraud,” and urged citizens to “invest their money in the construction field in Iraq as an area profitable and safer than depositing Bmassarv neighboring countries.”
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Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions
rcookie says(): Parliamentary claims to reconsider banking policy and warnings from out of money
Finance Committee attributes the phenomenon in the House of Representatives to “failure” of the Iraqi banking policies, and demanded to investigate the causes of this phenomenon, as warned of “serious repercussions” on the national economy.
Says committee member Majda al-Tamimi, said in an interview to the (long-Presse), “The loss of confidence in Iraqi banks, after the bankruptcy of many of them and not to return depositors’ money, he had a lot of money to resort to Iranian owners,” asking to “re-examine the work of Iraqi banks and banking policy to restore citizens’ confidence and trust. ”
It adds Tamimi, that “the Iraqi funds out to neighboring countries constitute a big loss for the national economy especially as the country is in financial distress,” attributed the reasons for asylum Iraqis to take out their money to neighboring countries and the government’s need to borrow from the World Bank to “banking policy failure and lack of dependence on international standards, and not to the central bank to monitor the work of banks. ”
It calls Tamimi, to “investigate the causes of this phenomenon and whether deliberate or spontaneous,” and warned of “serious repercussions on the national economy.”
The specialists were charged, in the (17 July 2016), in charge of banks granting government loans to “circumvent” the controls and “blocking” is granted, and criticized government agencies for “marginalize” the role of economists and not to cooperate with them to “overcome the shortage” of the private sector in their actions,
and with industrialists expressed surprise at all to change the terms granted five times so far, complained citizens and employees of the “complexities” that prevent the achievement of their dreams to obtain housing units.
The Central Bank of Iraq confirmed, in the July 15, 2016, the possibility of compensating depositors of citizens in banks, “losers” in case I worked, “Deposit Insurance” company, while attributing Bankers reluctance of private banks to “liquidity squeeze” as a result of contractors and importers were unable to pay what Bzmthm to her .
The House Speaker Salim al-Jubouri, in the June 19, 2016 called for the amendment of the Banking Act in line with the developments of the stage, with the formation of a student is capable of resolving the private banks and relevant financial problems tribunal.
The Central Bank announced, in (the seventh of June 2016), the Cabinet approval for the establishment of a deposit guarantee in the government and private banks with a capital of 100 billion dinars, while the company aims to stimulate citizens to deposit their money in banks rather than Aktnazha, confirmed money chunky citizens outside banks of more than $ 30 trillion dinars.
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions
rcookie says():The Association of private banks confirmed, in March 2016, that Iraq is suffering a shortage of liquidity due to lower oil prices, and promised that the main problem in Iraq lies in the management of funds, while the Parliamentary Finance Committee denied the existence of a scarcity of funds, stressing that the Iraqi government is able to payment of salaries through the rest of 2016.
The Iraqi private banks association, announced (October 2015) that the ratio of deposits to the government banks, ranging from 65 to 68 trillion dinars, of which no more than 22 trillion and deposits of private banks.
The banking system in Iraq consists of 54 banks as well as the Central Bank and distributed according to property between the seven state-owned and 23 private businesses, including Islamic nine in addition to the 15 branches of foreign banks.
Iraq has suffered from the financial and economic crisis as a result of lower oil prices worldwide and is a one-sided economy based on oil exports to finance its budget every year without relying on non-oil resources.
Read More http://www.dinarupdates.com/showthread.php?40230-Iraqi-banking-pays-money-to-Iran-as-quot-green-light-quot-from-clerics-amp-leaders-of-factions
rcookie says():MORE AND MORE TALK ON A DAILY BASIS FOM EVERY CORNER OF IRAQ…ABOUT THE DIRE ABSENCE OF HARD CURRENCY AND LIQUIDITY IN THE IRAQI MARKETPLACE…
rcookie says(): INDONESIAN AMBASSADOR IN DHI QAR LOOKING MEN WITH WORKERS AND OFFICIALS CONTRIBUTION TO HIS COUNTRY’S COMPANIES IN THE DEVELOPMENT OF THE PROVINCE
2016/09/04
http://alghadpress.com/ar/news/64839/السفير-الاندونيسي-يبحث-في-ذي-قار-مع-رجال-عمال-ومسؤولين-مساهمة-شركات-بلاده-في-تطوير-المحافظة
rcookie says():SO DU……GET THOSE CHECKLISTS OUT…ON SECOND THOUGHT MIGHT AS WELL JUST LEAVE IT OUT…..
YOU CAN ADD SINGAPORE TO THOSE COUNTRIES CUED UP TO INVEST IN THIS CESSPOOL OF A COUNTRY…
rcookie says():http://alghadpress.com/ar/news/64839/السفير-الاندونيسي-يبحث-في-ذي-قار-مع-رجال-عمال-ومسؤولين-مساهمة-شركات-بلاده-في-تطوير-المحافظة
Nomad says():rcookie: KUDOS to those of us who had faith and confidence in Iraq some five, seven and nine years ago!
rcookie says():WOW!!…..AND LOOK AT THIS ANNOUNCEMENT OF AN INDUSTRIAL CITY PLANNED FOR EACH PROVINCE AND 2 IN BAGHDAD….
rcookie says():According to the blueprint set by the Government industrial city in each province67 Show Last update: Sunday, September 4, 2016 – 9:20According to the blueprint set by the Government industrial city in each province
Baghdad Al-Sabah Ahmed Abed Rabbo, the Ministry of Industry and Minerals plans to set up an industrial city in each province and two in the capital Bgdad.ozyr Industry Agency Mohammed Shia ‘Al Sudani said in a statement the “morning”:
that “the government and within the industrial cities project, plans for the time being to set up one in each province and two in the capital Baghdad, “adding that” it will be according to the study of the characteristics of each province in economic terms. ”
Sudanese counting project “an important step process” to encourage investment and the gate of sustainable development to support the national economy, pointing out that it (the project), “of the government’s priorities in the next phase.”
The Minister of Industry and agency, had discussed with the governor of Dhi Qar Yahia Nasseri stages of completion of the industrial city in the province and search the problems and obstacles to complete.
The governor of Dhi Qar, the “morning” as he said: “The Ministry of Industry and Minerals approved after repeated claims, to transform the ownership of the industrial city of the province and the ministry to put it on the investment.
rcookie says():YEP….NOTHING GOING ON THERE….MAYBE SOME OBSCURE POINTS ABOUT KURD GOI SOCIO POLITICAL ARE AT PLAY….LOL
rcookie says():TALK ABOUT NOT HAVING YOUR EYE ON THE BALL……….
rcookie says():Postpone termination between Aramco and shell in us joint venture
An economy Since 2016-09-04 at 09:07 (Baghdad time)
Follow up-scales news Delayed Declaration of termination and Division of assets between Motiva Enterprises LLC, a subsidiary of Saudi Aramco in America and shell at three refineries in America and specialized in processing and refining and marketing business, to April 1, 2017.
Riyadh daily said, to this date than the date that was basically expected to complete disunity and termination in several months. Where the partners in the refinery announced their intention to split the joint venture in March after the Alliance and joint ownership since 20 years.
The split was expected to be completed by October next year after the termination of all negotiations between Saudi Aramco and shell on the Division of assets and compensation and binding on the parties.
Sources close to the negotiations indicated that the main point of contention between the two companies about delays in completing the split based 2 shell claims Ho billion dollars as part of a separation. While drawing the shell spokesman Ray Fisher to take into account the history of ancient and long partnership between the two companies that makes the position change date complete dichotomy is not surprising. “over 29/18
rcookie says():WOW!!…
rcookie says():Transportation is planning the construction of a residential complex for employees of the Meteorological Authority
Economy News / special transport ministry confirmed that it intends to construct a residential complex for employees of the General Authority for meteorological and seismic monitoring one of the formations ministry.
The agent said the ministry two banks Ricany in an interview for “Economy News,” it is for the efforts the ministry decided to create a residential complex for employees of the body of the inhabitants of the province of Baghdad and agree to the inclusion of employees of the Commission which are not inhabitants of the province of Baghdad by the share of formations other ministry.
Ricany and I consider that this step will be an incentive for all staff to provide more work after A_i_arhm there care and attention by the ministry, which gave a realistic picture to consider case by employees and their families stones. AJ
rcookie says():Parliamentary Finance: customs revenues will amount to more than a billion dollars a year
Parliamentary Finance Committee confirmed that the revenue obtained from the customs border crossings rate will rise to weakness after the application of the new law.
The committee member said Jabbar al-Abadi said “the number of official border crossings has 49 outlets across the provinces / except for some other informal outlets in Kurdistan / province, and the rate of revenue of customs fees up around 500-600 million dollars a year.”
He explained, “After the implementation of the new law and the administration of the unified body will increase the rate of those revenues more than doubled to reach more than a billion dollars annually.”
He added that “all the border crossings link Authority uniform makes the laws and regulations issued by the federal authority applied in all provinces without exception,” noting that “under the law given to border crossings body validity of the proposal to the Cabinet to close any border port of Aaltzm the regulations in force, and therefore the unity of decision chairmanship of the Commission will decide the controversial red tape. ”
“The presence of the body will eliminate the Alkmarki evasion and non-payment of tariff duties at border crossing points, and will enable the state departments of local product protection.”
The House of Representatives recently voted on the legislation of border crossings into law.
LINK http://www.dinarupdates.com/showthread.php?40283-Parl-Finance-customs-revenues-will-amount-to-more-than-a-billion-dollars-a-year&p=160712#post160712
Nomad says():rcookie: Love all the diversity…not just oil, gas, city’s, hospitals, cement, meteorological and seismic Authority…and on and on…building a new world in the middle east…big time and all at once…
rcookie says to Nomad():AGREED…IT IS AMAZING!!
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