Chat Room – Excerpts & Highlights
rcookie says():GE DU….
rcookie says():BROUGHT THIS IN BEFORE NEWTIME LAST NIGHT…AND SAID WOULD BE BACK TO BREAK DOWN…
rcookie says():THIS IS FROM AN ECONOMIST DISCUSSING ECONOMIC REFORM IN IRAQ…
rcookie says():HERE IS THE PIECE AGAIN…
jimplants says():enjoyed the call last night that was a first for me
rcookie says to jimplants():HEY THERE JIM….TY…GLAD TO HAVE YOU…A LOT OF FUN….YOU’RE NEXT…
rcookie says to jimplants():DIGI AND DAYTRADER = ROCKSTARS!!…
jimplants says():ha i cant type nor hear well but thank you
rcookie says():ALRIGHT….HERE IS THE ARTICLE….
rcookie says():Economic reform in Iraq (1-5)
9/22/2016 0:00 Adnan al-Janabi Starting today published the “morning” in search of shaped parts of the Deputy researcher economic Adnan al-Janabi.
Find highlights the economic dilemmas in Iraq and propose appropriate solutions in the light of the current reform wave.
Introduction
Before entering into the description «economic reform» required it must agree on the ultimate goal of the economic system that we want for Iraq.
Article (25) of the Constitution provides as follows: «The State shall ensure the reform of the Iraqi economy according to modern economic bases, in a way that ensures complete investment of its resources, diversifying its sources and encouraging and developing the private sector».
In Article 24, the text of the constitution to ensure freedom of movement of labor, goods and capital.
Word in the Ministry of Trade Act, which began in 2011, that of the duties of the ministry:
«Contribute to the development of the private sector and providing an appropriate environment through the conversion of public sector companies to the private sector in the light of the new orientation of the transition from command economy to a market economy» At the rationale for the legislation of that law refer to targeting the transition to a market economy.
Since the change in 2003 to today there are repeated calls to support the private sector, and the transition to a market economy and economic reform.
Read More : http://www.dinarupdates.com/showthread.php?41349-Economic-reform-in-Iraq-(1-5)-9-21
rcookie says():SO HERE ECONOMIST JANABI TALKS ABOUT ECONOMIC REFORM IN IRAQ,,,AND STARTS BY CITING FROM IRAQ CONSTITUTION…
rcookie says():ARTICLE 25 “The State shall ensure the reform of the Iraqi economy according to modern economic bases, in a way that ensures complete investment of its resources, diversifying its sources and encouraging and developing the private sector”
rcookie says():AND MORE IMPORTANTLY ARTICLE 24….LOOK AT THEVERBIAGE…
rcookie says():“to ensure freedom of movement of labor, goods and capital. “
rcookie says():HMMMMMM….
rcookie says():AND THE FOLLOW UP MINISTRY OF TRADE ACT OF 2011…
rcookie says():“Contribute to the development of the private sector and providing an appropriate environment through the conversion of public sector companies to the private sector in the light of the new orientation of the transition from command economy to a market economy”
rcookie says():AND JANABI STATES THAT SINCE 2003 THERE HAVE BEEN BEEN MANY CALLS TO SUPPORT THE PRIVATE SECTOR…TRANSITION TO MARKET ECONOMY AND ECONOMIC REFORMS…
bubbles says to rcookie():(y)
rcookie says():Provided the advisers in 2014 «strategic development of the private: 2014-2030 Sector», which is the result of efforts involving the World Bank and the United Nations Development.
The initiation of these studies since 2009. The committees presented at the Council of Ministers similar reports in 2015.
And held various meetings and seminars outside the framework of the state and within it, including contributions to the committees of the House of Representatives, to characterize the desired economic reform, without reaching a unified vision of the ultimate goal of this «reform» or the nature of the economy, which want access to Iraq.
Worse yet, the process steps of this shift are still non-existent, and did not go beyond setting «plans» and talk of «reform».
We have the research center and the Iraqi Studies (creator), and since 2007, a series of seminars and research and studies to arrive at the diagnosis of the following things:
First:the imbalance in the Iraqi economy.
Secondly, ways to overcome imbalance.
Third, the nature of the target economic system.
First: the imbalance in the Iraqi economy:
A dangerous imbalances in the Iraqi economy, which is shared by Iraq with all the rentier states, is caused by distortions stemming from the nature of the rentier state and that the most important features:
● prevailing income of the state is from the proceeds of oil.
Oil rents revenues come from abroad (exports), making the state is in need of a local productive sector Mayweather.
● Do not use the extractive oil sector only a marginal proportion of the workforce.
● The government is to be the recipient of the proceeds of the oil.
All researchers agree that the oil rentier states tend to centralized control (dictatorship) and inflation, state agencies and private agencies of repression, relying on parasitic activities Almatahh the state.
In Iraq, the deteriorating state institutions since the Iran-Iraq war began, and then the period of the siege, and spent the occupation in 2003, the rest of the state institutions in the absence of institutions, rampant corruption and increased the country’s dependence on oil revenues, and decreased participation of the productive sectors, industrial and agricultural, in the national income.
Read More : http://www.dinarupdates.com/showthread.php?41349-Economic-reform-in-Iraq-(1-5)-9-21
rcookie says():B – The problem of Iraq, even after the fall in oil prices, it is not the scarcity of financial resources, but economic mismanagement.
C – it can be considered as the financial and administrative corruption of the worst phenomena resulting from the rentier state, dictatorship and the effects of the occupation of sectarian quotas, political and destruction of state institutions.
T – the new Iraq has inherited an economic system characterized by state capitalism under the socialist banner, which is state-owned companies (SOE) failed economically and state monopoly in the banking sector and inflation state programs for the support of corruption prevail in all its facilities.
It can not be written for economic reform success unless the elimination of financial and administrative corruption, and the liquidation of its resources and tools.
Secondly, ways to overcome imbalance:
States have the rentier representative (Representative) is not made available to the owner and the elders and the dictatorships of the possibility of difficult transition from the rentier state to state collection.
There are a lot of experiments and studies on the rentier income distribution in the form of a comprehensive basic income Universal Basic Income)).
The experience of the State of Alaska are known, and the removal of rentier income of the reach of the government in the experience of Norway for example can take advantage Menh.olkn decisive solution and comprehensive is the application of universal basic income principles for all citizens, which has been studied or tested or applied in India, Namibia, Finland, Switzerland and the state of Ontario in Canada and the Netherlands France and others.
In summary, these studies and applications are given a basic income for all citizens equally. It is then possible to impose taxes on citizens according to their income to fund state services. In rentier states are all oil and gas revenues on the distribution of comprehensive income citizens equally essential.
The most important critique of the principle of universal basic income (UBI) is the difficulty of financing. However, the rentier states exceed these difficult by the fact that oil revenues comes from the sale of oil and gas to the outside, and other state resources are not compromised if the allocation of such rents or sections of it directly to all citizens equally.
Read More : http://www.dinarupdates.com/showthread.php?41349-Economic-reform-in-Iraq-(1-5)-9-21
rcookie says():HE OUTLINES THE DIFFERENCE BETWEEN MEETING AND DISCUSSING REFORM PLANS AND VISION TO THE ACTIONS OF ACQUIRING A UNIFIED VISION…
rcookie says():THE IRAQI STUDIES RESEARCH CENTER SINCE 2007 IN A SERIES OF SEMINARS & RESEARCH ARRIVED AT FOLLOWING CONCLUSIONS…
rcookie says():A principle that stems from the application of Article 111 of the Constitution, which stipulates that the oil and gas belongs to the Iraqi people. And universal basic income guarantee the status of all citizens above the poverty line and concludes the state of corruption in government support programs and stir equation correlation between the rentier state and its inclination to dictatorship.
Third, the nature of the target economic system:
Regardless of nomenclature, there is a general understanding of the need to move from a planned economy to a market economy, the central, which relies primarily on the private sector.
This transition is not through committees of stakeholders in the central system run by the state bureaucracy staff, but in cooperation with the private sector itself and some international organizations.
The first of what it takes this transition is:
● liquidation of state-owned enterprises (.SOE) and other commercial activities such as fuel and stores singular filling stations.
● removing obstacles to private sector, especially the circles Registrar of Companies and the tax collection and classification of companies, and other obstacles.
● develop a comprehensive social security system, and the abolition of all types of government support (the ration card, electricity support, fuel subsidies) and the transition to universal basic income (UBI).
LINK http://www.dinarupdates.com/showthread.php?41349-Economic-reform-in-Iraq-(1-5)-9-21
rcookie says():FIRST THE IMBALANCE OF THE IRAQI ECONOMY..2ND WAYS TO OVERCOME THE IMBALANCE…AND 3RD IDENTIFY THE TATGET ECONOMIC SYSTEM…
rcookie says():THE IMBALANCE OF THE IRAQI ECONOMY IS SHARED BY ALL RENTIER STATES..AND COLLATERAL CONSEQUENCES..INFLATION..DRAIN ON STATE AGENCIES, AND PRESENCE OF RAMPANT CORRUPTION ETC…
rcookie says():ECONOMIC MISMANAGEMENT
rcookie says():ADMINISTRATIVE CORRUPTION…SECTARIAN QUOTAS..AND POLITICAL DESTRUCTION OF STATE INSTITUTIONS…
rcookie says():AND TALKS OF IRAQS INHERITANCE OF STATE CAPITALISM UNDER SOCIALIST BANNER THROUGH SOE’S…STATE MONOPOLIES IN BANKING SECTOR…
rcookie says():IN WAYS TO OVERCOME THE IMBALANCE HE OUTLINES…INCOME DISTRIBUTION AND UBI (UNIVERSAL BASIC INCOME) PRINCIPLES..CITING ALASKA..NORWAY..INDIA..NAMIBIA…FINLAND..SWITZERL AND..ON TARIO CANADA…NETHERLANDS..FRANCE ETC…
rcookie says():HE CITES ARTICLE 111 OF THE CONSTITUTION
rcookie says():“which stipulates that the oil and gas belongs to the Iraqi people. And universal basic income guarantee the status of all citizens above the poverty line and concludes the state of corruption in government support programs and stir equation correlation between the rentier state and its inclination to dictatorship.”
rcookie says():AND LASTLY TO IDENTIFY THE TARGET ECONOMIC SYSTEM IS MOVING FROM PLANNED ECONOMY TO A MARKET ECONOMY WHICH RELIES PRIMARILY ON THE PRIVATE SECTOR…
rcookie says():AND HE IDENTIFIES WHAT IT WILL TAKE TO ACHIEVE THIS TRANSITION…
rcookie says():● removing obstacles to private sector, especially the circles Registrar of Companies and the tax collection and classification of companies, and other obstacles.
rcookie says():● develop a comprehensive social security system, and the abolition of all types of government support (the ration card, electricity support, fuel subsidies) and the transition to universal basic income (UBI).
rcookie says():AND THEY LIVED HAPPILY EVER AFTER………………..THE END
rcookie says():BBIAB….
loop says():WORLD NEWS | Thu Sep 22, 2016 | 5:44pm EDT
Iraq’s Zebari accuses ex-PM Maliki of arranging dismissal as finance minister
Sacked Finance Minister Hoshiyar Zebari speaks during a news conference in Erbil, Iraq, September 22, 2016. REUTERS/Azad Lashkari
By Mahdi Talat | ERBIL, IRAQ Deposed Iraqi Finance Minister Hoshiyar Zebari on Thursday accused former Prime Minister Nuri al-Maliki of orchestrating his removal from office, publicly exposing rifts within an increasingly unstable government.
Parliament dismissed Zebari, the top Kurdish official in the Baghdad government, on Wednesday after questioning him last month over alleged corruption and mishandling of public funds, which he denies.
Zebari, who served for more than a decade as Iraq’s foreign minister including under Maliki, is a leader in the Kurdistan Democratic Party (KDP) and the uncle of the Kurdistan region’s Prime Minister Massoud Barzani. He has recently led negotiations with international lenders to improve Iraq’s troubled public finances.
“The side that is behind the questioning and withdrawal of confidence is the State of Law and its head Nuri al-Maliki in collusion unfortunately with the speaker of parliament Saleem al-Jabouri,” Zebari told reporters at a hotel in the Kurdish capital Erbil.
Maliki, who was replaced in 2014 by Prime Minister Haider al-Abadi after Islamic State seized a third of Iraq’s territory, remains one of the country’s most dominant figures and in a July television interview left open the possibility of a return to its top office.
Zebari, who called his questioning by parliament “vengeful, politicized and short-sighted”, claimed the aim was ultimately to bring down Abadi.
“The target of these political interrogations is not specific ministers. The goal is to reach the head of executive authority, bring down the government and confuse the political situation, to bring the temple down on those inside because of very clear grudges, malice and hatred,” Zebari said.
Maliki does not hold a seat in parliament but leads the Dawa Party, of which Abadi is a member. Dawa is the leading faction in the dominant State of Law coalition.
A Maliki spokesman denied the allegations, saying many lawmakers from outside Dawa had voted to sack Zebari: “Mr Maliki did not support the questioning but he gave the members of his State of Law bloc the liberty to practice their constitutional right of oversight.”
A spokesman for speaker Jabouri said: “This is what Zebari thinks and we respect what he thinks. Dr Jabouri thinks Zebari deserves a better situation than this but at the end it is parliament’s call, not the speaker’s.”
In a press conference that lasted over an hour, Zebari defended himself, criticized parliament’s use of a secret ballot in the no-confidence vote that toppled him, and said he was appealing to the constitutional court.
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He warned the row could hurt Erbil’s relationship with Baghdad, which has been strained most recently by a dispute over oil revenues.
“There will be a pause and a review of this partnership and participation. Not that we will not support this government … but without a doubt we will review the source of the issue,” he said. “It is an attempt to topple and obstruct and exclude a principal party and a fundamental partner in the political process.”
Zebari said thought had not yet been given to a successor. Ministerial posts in Iraq are distributed along ethnic, sectarian and party lines in keeping with a quota-based system set up after the U.S.-led invasion in 2003 that toppled Saddam Hussein.
(Additional reporting and writing by Stephen Kalin; Editing by Toby Chopra)
loop says():
http://www.reuters.com/article/us-iraq-politics-minister-idUSKCN11S2OF?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29
magnetlady says():Thnaks loop for the news. Some really interesting stuff here.
loop says():Welcome Mags.. Zebari is really not happy about getting canned.
loop says():Abadi meet the spiritual and the King of Jordan and the President of the World Bank in New York
September 21 2016 21:05 | Number of views: 85 Author: alzawraapaper
BAGHDAD / Zora: continued Prime Minister Haider al – Abadi meetings with heads and world leaders on the sidelines of the summit , the 71st United Nations and held in New York, led by the World Bank president and the president of Iran Hassan Rowhani and the Jordanian king, and received promises more support for Iraq in its war against terrorism at the military level and economic.
Ebadi said the Office in a statement : “Zora” received a copy of it: The Prime Minister Haider al – Abadi met yesterday in New York , World Bank President Jim Yong Kim, noting that the latter praised Ebadi his efforts in spite of the significant challenges faced by Iraq, especially in the field financial stressing that the World Bank with those efforts and the duty to support Iraq at this stage.
It was emphasized that the expansion of the World Bank loan to support the budget for fiscal 2017 and plug it in addition to supporting the stability of the liberated areas and other provinces and provide money for the construction of bridges and the provision of water, electricity, health and others and a willingness services World Bank to support more with the liberalization of Mosul.
It was also agreed to speed up the implementation of Basra projects in water, power and infrastructure field and all that is in the province and its citizens service and starting direct projects in Mahafezat.ocd World Bank is ready to send experts and support investment in public tourism and religious tourism development in particular,
the creation of employment opportunities which through private sector development as well as the expertise to train Iraqi cadres and the development of human development .ogery also agreed that the World Bank provides a study of the growth of the housing sector and the construction of housing units.
the contract Abadi , a meeting with Iranian President Hassan Rouhani on the sidelines of UN meetings held in New York, according to a brief statement from the Office of the Prime Wazzra.ovi the same context , he met al – Abadi Prime Minister of Denmark Lars Rasmussen, during the meeting , they discussed relations between the two countries and promote bilateral cooperation and assistance provided by Denmark in the field of mines and humanitarian aid lift and continued support in the field of training.
Prime Minister Haider al – Abadi also met with the King of Hashemite Kingdom of Jordan , King Abdullah bin Al – Hussein in New York, was discussed during the meeting to strengthen cooperation between the two neighboring countries and the war against terror Daesh gangs and the importance of unifying efforts to eliminate terrorism and to support Iraq in its efforts after the great victories achieved on terrorism and the liberalization of the Iraqi territories. LINK
http://alzawraapaper.com/%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%8A%D9%84%D8%AA%D9%82%D9%8A-%D8%B1%D9%88%D8%AD%D8%A7%D9%86%D9%8A-%D9%88%D9%85%D9%84%D9%83-%D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86-%D9%88%D8%B1%D8%A6%D9%8A/
magnetlady says():Well I can imagine, I wouldn’t either, but then again he hasn’t been doing things he should.
loop says():I thinks that he a more worried about the possibility of his immunity being gone. Only time will tell how that plays out.
Baxter says():WOW: “The target of these political interrogations is not specific ministers. The goal is to reach the head of executive authority, bring down the government and confuse the political situation, to bring the temple down on those inside because of very clear grudges, malice and hatred,” Zebari said.
magnetlady says():Oh my yes, I’ll bet he is
magnetlady says():a lot worried
Baxter says():Not good..not good at all
magnetlady says():Did you all see that Subby had great reports today?
loop says():One thing is evident though. I secret ballots are doing the trick.. It takes the pressure off of the MPs.
loop says to Baxter():Zebari is just howling at the moon.
Baxter says():Lets Hope… Loop
loop says to Baxter():He needed to go.
Baxter says():I was shocked that they had a quorum
loop says to Baxter():Obeidi did the same thing when they kicked his @$$ to the curb…
Baxter says():yes.. I know
caravaggio says():This seems to be simply Zebari whining about himself, since his replacement will be a Kurd, as well. And he did get caught stealing (in effect) $90k from the Iraqi people. It doesn’t really matter if Maliki stirred this up.
loop says():Abadi and director of the International Monetary Fund are discussing the implementation of economic reforms in Iraq
Thursday 22-09-2016 | 8:45:50 Twilight News / met Prime Minister Haider al-Abadi at his residence in New York, the Director General of the International Monetary Fund Christine Lagarde.
According to a statement issued by al-Abadi’s office said he discussed the follow-up to support the International Monetary Fund for Iraq through to prepare the credit agreement and the government’s efforts to rationalize the budget this year and next year.
And be annexed statement that he has discussed support for Iraq in the implementation of economic reforms by the Iraqi government and the Iraqi economy, diversify sources and support for the private sector.
loop says():http://www.ara.shafaaq.com/94536
loop says():International investigators arrive in Iraq next week to investigate the files of corruption
Thursday 22-09-2016 | 7:55:46 Twilight News / announced UNDP Director Helen Clark on Thursday for sending investigators in the fight against corruption to Iraq next week to provide assistance to the Iraqi government in the fight against corruption.
This came during a meeting with Iraqi Prime Minister Haider al-Abadi on the sidelines of the United Nations General Assembly in New York, the US said in a statement to the Office of Abadi responded to Twilight News.
Clark, during the meeting, to “send investigators in the field of anti-corruption next week after the signing of a memorandum of understanding in this area with Iraq last month.”
She noted that “the program will coordinate support for the establishment of the reforms carried out by the Iraqi government fund.”
The statement said that during the meeting was to discuss preparations for the liberation of Mosul operations, especially in the humanitarian side.
Abadi was announced on August 11 / August announced the signing of a memorandum of understanding with the government of the United Nations to involve international investigators in major corruption files priority.
Abadi pledged upon receipt of office in 2014 to fight against the corruption that is draining state resources and contributed to the weakness of the military establishment, which was close to collapse during the invasion Daesh to the north and west of the country.
Since about a year it organizes demonstrations in the Iraqi capital Baghdad and the southern provinces, demanding the formation of a government of technocrats, and an end to political differences, and make the corrupt to justice.
According to international organizations concerned with transparency index, Iraq is among the most corrupt countries in the world over the past years, which is to the chagrin of Iraqis.
loop says():http://www.ara.shafaaq.com/94716
jimplants says():i may be mistaken but i believe this is the second group to come to Iraq to deal with the corruption . Bad news for the crooks
Read More: http://www.dinarupdates.com/showthread.php?41350-Thursday-September-22-2016/page2
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