Dinar Updates

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Excerpts & Highlights
larrykn says():   (From) Millionday : AND READ EVERY WORD 
Millionday: WHOOOPOW 
Millionday: facilitate creation of a favorable business climate. As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying 

implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF.
Read More :http://www.dinarupdates.com/showthre…ay-News-2-2-16
larrykn says():   Millionday: YES THEY HAVE PASSED THE INVESTMENT LAW
Millionday:I HAVE ONE MORE PART OF THOSE ORDERS
Read More :http://www.dinarupdates.com/showthre…ay-News-2-2-16
http://www.dinarupdates.com/showthread.php?29423-Millionday-News-2-2-16
larrykn says():   Millionday:The CBI and the Ministry of Finance will implement reform measures to enhance the stability of the banking sector
(MEFP, ¶¶28-29). The Ministry of Finance will, by end-February 2016, appoint international auditors to audit the latest financial statements of Rasheed Bank and
Rafidain Bank according to international standards (structural benchmark; MEFP, Table 2). Based on the results of these audits, it will prepare a plan to restructure these two banks.
Read More :http://www.dinarupdates.com/showthre…ay-News-2-2-16
http://www.dinarupdates.com/showthread.php?29423-Millionday-News-2-2-16
larrykn says():   Millionday:The CBI will prepare regulatory changes to strengthen prudential standards and the implementation of bank supervision, with the support of external consultants and the IMF Middle East Technical Assistance Center.
Read More :http://www.dinarupdates.com/showthre…ay-News-2-2-16
http://www.dinarupdates.com/showthread.php?29423-Millionday-News-2-2-16
larrykn says():    jwjd : did you check out the validity of this source?
jimplants : THOSE TWO BANKS WILL BECOME ONE
jwjd : this sounds amazing!!!!! sooo excited!
Millionday : YES
larrykn : this is an audit, I wonder how long that will take them
Millionday : ME TOO~
thomas1 : so look like they get ready for that big meeting march 20160 correct
Millionday: THEY COMPLETED AUDIT SO THIS WILL BE JUST TO OPEN THESE BANKS AND COMPLETE THEIR REFORM ON THESE TWO BANKS
Millionday: JW — THIS IS FORMAL IMF DOCUMENT RELEASED BY IMF
Read More :http://www.dinarupdates.com/showthre…ay-News-2-2-1
http://www.dinarupdates.com/showthread.php?29423-Millionday-News-2-2-16
larrykn says():   hub: i am thinking this is the first time in the 7 years i have been involved that an actual imf/cbi statement has directly related to an rv..is this your take also?
Millionday : YES I HAVE NEVER READ A STATEMENT EVEN CLOSE
hub :thanks and eeehhhhhhaaaaaawwwwwww
Millionday: WHOOOPOW
larrykn says():   how about that 🙂
magnetlady says():   Wow, that’s something.
magnetlady says():   Thank you for bringing that in.
rcookie says():   OMG….YOU GUYS REALIZE THAT IS FROM THE 2016 IMF LETTER OF INTENT…MEMORANDUM ECONOMIC & FINANCIAL POLICIES (MEFP)..
AND TECHNICAL MOU THAT HAS BEEN BROUGHT IN HERE AND BROKEN DOWN IN ITS ENTIRETY FOR ALMOST 2 MONTHS….
jtank says():   wow
clay says to rcookie():   hey buddy is it true IMF said art 8 by end of month
larrykn says():   clay that is what I get out of it
jtank says():   art 8 reval
larrykn says():   yes
clay says to jtank():   (y)
clay says to jtank():   wow
larrykn says():   we got a date, but no rate
clay says to rcookie():   is ther a link
rcookie says():   HAVE GIVEN BREAKDOWN OF IRAQS REPORT CARD FROM IMF TOWARD THESE INDIVIDUAL MANDATES..
AND REVIEW DATES FOR COMPLIANCE WHICH THEY HAVE MET AND EXCEEDED….
THE NEXT REVIEW BEING END OF FEBRUARY WHICH HAS BEEN GONE THROUGH…
rcookie says():   CLAY…BROUGHT THE WHOLE DOCUMENT IN….AAAHHHHHHHHHHHHH!!!
clay says to rcookie():   just got on is there a link
jimplants says to rcookie():   very correct so we wait and look thanks for your news
rcookie says():   THIS IS NOT NEW NEWS….
clay says to jimplants():   hey buddy are we really there
jimplants says to rcookie():   depends on TPB
jimplants says():   meant for all
rcookie says():   IRAQ HAS BEEN ON THIS IMF MANDATE AUDIT SINCE 2011…WHICH IS WHY THEY HAVE SO MUCH DONE TOWARD WHAT THEY ARE TASKED FOR IN THIS ONE….
magnetlady says():   TPB?
jimplants says():   the powers that be i cant type
jtank says():   ptb
jtank says():   dunno
rcookie says():   I EVEN POSTED THE 2011 VERSION SO A COMPARE & CONTRAST WITH THE 2016 ONE COULD BE SEEN….
clay says to rcookie():   so did IMF really state art 8 by end of Feb?
larrykn says():   clay go read md nt from last night its there
rcookie says():   AND IF YOU FOLLOW ALONG WITH THE VERBIAGE IN THE 2016 BUDGET (WHICH WAS CO AUTHORED WITH IMF) YOU WILL GET EVEN MORE EXCITED….
clay says to larrykn():   I did but no liknk
larrykn says():   clay I think the article was so big md didn’t have time to bring it all in so she just brought in the big part
clay says to rcookie():   link
rcookie says to clay():   HANG ON..BACK AT YOU BROTHER!!
jimplants says():   rcookie i started rereading it the day you posted and thought this could be it but it is iraq so i wait but excited
clay says to rcookie()   thanks
jimplants says():   just as wmawhite and rcookie have been saying but people read right over it looking for something else. MD just brought it to the for front but I AM JACKED UP AND READY
clay says to jimplants():   oh buddy me 2 almost 6 yrs
jimplants says():   yep a long road i stopped counting two years ago
clay says to jimplants():   lol
rcookie says to jimplants():   TY JIM…..THIS IS WHY SO FRUSTRATING WITH ANY NEGATIVITY BECAUSE SO OVERWHELMINGLY POSITIVE WITH WHERE THEY ARE..
clay says to jimplants():   how long you been in this I know you and I had been together for most of them 🙂
rcookie says():   HERE IS THE LINK FOR THE IMF LOI/MEFP/TECHNICAL MOU
http://www.imf.org/external/pubs/ft/scr/2016/cr1611.pdf
http://www.imf.org/external/pubs/ft/scr/2016/cr1611.pdf
rcookie says():   2016
clay says to rcookie():   thanks buddy
jimplants says(7):   amen i have wants to throw my laptop at them but they just moan some people are just fearful no faith in what they are into
larrykn says():   rcookie no frustratings here just Joy 🙂
clay says to rcookie():   very very excited today thanks for all you do for us all
jimplants says():   over 6 been following MD where she goes i go
rcookie says):   TIS IS WHY WE HAVE BEEN SO JACKED UP SINCE BEGINNING OF JAN AND ACTUALLY THEIR LAST REVIEW PERIODS…SEPT & DEC 2015…AND LOOKING FORWARD TO FEBRUARY…

clay says to jimplants():   same here w/5
foxmulder says to clay():   2007 i started it really does not matter at this point right old timer
foxmulder says to jimplants):   you too !! lol
jimplants says):   gotta go i will be back and lurk later have a blessed day this ride is about to stop could be today tomorrow or [email protected]@n but it is stopping cause they will join the economic community
rcookie says():   EVERYTHING IS IN THERE…AND THE 2016 BUDGET…THE PUBLIC FINANCIAL MANAGEMENT REFORMS (PAGE 8) ACTUALLY SHOWS A BULLET POINT LIST OF WHAT TO BE ON LOOKOUT FOR…
STARTING WITH A NEW DRAFT OF FINANCIAL MANAGEMENT LAW (2ND REVIEW)…
SURVEY/AUDIT AND PAY DOMESTI ARREARS..(ADDRESSED IN 2016 BUDGET)…THEY HAVE TO PAY THEIR BILLS…MOVING TO TSA (TREASURY SINGLE ACCOUNT)…..
lay says to rcookie():   will $1 reval meet their budget or do they need more like $3 any idea
rcookie says():   COMPREHENSIVE FINANCIAL PLAN FOR BUDGET EXECUTION  …..NEVER…EVER…EVER..DONE IN IRAQS HISTORY…
AND IMF & UN THEIR TO MAKE SURE THAT WHEN THE BUDGET DISBURSEMENTS ARE MADE TO PROVINCES..
THERE IS A SEAMLESS EXECUTION ALONG WITH TRANSFER OF POWERS FRO THE CENTRAL GOI TO THE INDIVIDUAL PROVINCES…THE UN IS THERE TO ASSIST AND MONITOR…
samson says():   8 yrs 4 mths for me
clay says to samson():   wow
clay says to samson():,   6 June 1st
clay says to samson():   baxter is like 12 yrs
foxmulder says to samson():   ya ! wh would of thought !
samson says():   not me fox 🙁
sagecanyon8 says():   Don’t look back….you aren’t going that direction….Good Morning Everyone
foxmulder says to clay():   I know some peeps 12 to 13 yrs
samson says():   well this should be my last year gratefully
rcookie says():   IMPLEMENT IFMIS…INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM..
(ALSO BEING WORKED ON SINCE 2011) WITH HELP FROM WB…IMPLEMENT PUBLIC INVESTMENT MANAGEMENT (PIM) BY END OF APRIL….
clay says to foxmulder():   yep me too here friends 13 yrs
clay says to sagecanyon8():   I dont want to work anymore lol
clay says to magnetlady():   ok
rcookie says():   AND THE BANKING SUPERVISION MANDTE CHECKLIST….AND PROGRAM MONITORING CHECKLIST ARE THERE AS WELL…..(PAGES 9 & 10)
sagecanyon8 says():   I know…Be Blessed and remember there are some that would love to work and can’t…I remind myself of that sometimes when I feel that way…
clay says to sagecanyon8():   understand
sagecanyon8 says():   I know you do….
rcookie says():   IRAQS REVIEW STATUS AD DATES ARE LISTED IN THE TABLES ON PAGES 11 & 12
sagecanyon8 says():   Aww…Thanks Clay
clay says to sagecanyon8():   anytime we have all been here together through thick or thin keeping each other on track
sagecanyon8 says():   Coming to a close now…so happy and excited!
rcookie says():   AND YOU CAN ACTUALLY SEE THE CBI BALANCE SHEET ON PAGE 17 THAT ACTUALLY SHOWS THEIR INTENTION TO USE RESERVES IN 2016 AT DIFFERENT INTERVALS..TOTALLY PLANNED…
NO CONSPIRACY OR PANICK..THEY ARE FOLLOWING A CAREFULLY ARRANGED ACTION PLAN…
clay says to sagecanyon8():   oh me too finally
rcookie says():   HANG IN THERE EVERYONE…YOU CAN SEE THE TAPE AT THE FINISH LINE…
clay says to rcookie():   (y)(y)(y)
sagecanyon8 says():   Thank You Rcookie…that report is great…love the graphs…so much information…
Read More: http://www.dinarupdates.com/showthread.php?29429-Wednesday-February-3-2016
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