Millionday News
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: FIRST I WANT TO SHOW YOU SOMETHING IN PRINT ALL ABOUT US AND MORE
Millionday: KIND OF FUNNY IN A GOOD WAY
Millionday: Revaluation of Iraqi dinar
People have made heavy investments in the Iraqi dinar with the expectations that it will be revalued in the near future and they will be billionaire.
The investors in Iraqi dinar include not only common people but the retired army officers of Iraq war. They believe that Iraqi dinar will be revalued in the next few years and they will earn more than anyone else in the world.
Millionday: The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.
Many of the international banks are also interested in Iraqi dinar purchase and they are the big investors of Iraqi dinar as well. The Noor Al Maliki administration was major hurdle in the revaluation of Iraqi dinar because of dispute with Kurdistan.
Millionday: LOL — WHO?
Millionday: NOTE — I DO NOT WANT YOU TO PAY ATTENTION TO THE TIMELINE — THIS IS NOT AN ANNOUNCEMENT OF THE TIMELINE
Millionday: Kurdistan has major role in the revaluation of Iraqi dinar and its resolution to pass. The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved. Now new administration is now in the power and they are taking initial steps to complete revaluation process.
This can be very big and latest Iraq news. People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months.
_firefly_ Millionday: Is this a US article?
Millionday: >>>>>Financial Prospect is news site which is not only based on finance & business niche but also provide latest trending articles of health, entertainment, sports, Indian politics and news from all over the world with facts.
Millionday: NOT THE BEST RESOURCE BUT LOTS OF FUN TO READ
Millionday: WHOOPOW Millionday: LOL
_firefly_ Millionday: ok so India translation
Millionday: YES
Millionday: ALL ABOUT US AND THE BANKS
Millionday: LOVE IT
Millionday: THIS YOU MAY HAVE SEEN BUT THE TIMELINE IS PERFECT IMO
Millionday: Detecting the central bank on Saturday announced the launch of the sale of government bonds through next March, while calling for the integration of private banks to reduce their number to match the actual need for stressing the importance of an auction sale of foreign currency to maintain the stability of the dinar exchange rate.
Millionday: NOTE — BONDS OF COURSE WILL BE ON THE MARKET IN MARCH
Millionday: This came during a speech the central bank governor on the Keywords in a seminar hosted by the Strategic Policy Institute, in Baghdad, attended by local media and I followed ‘obelisk’,
The governor of the central bank, said that ‘the central bank’s strategy for the years 2016- 2020 will witness a qualitative leap’, noting that ‘the proportion of Iraqis who use the banking system as it is ambitious amounting to only ten percent. ”
Millionday: NOTE — THIS OF COURSE GOES RIGHT ALONG WITH THE INTERNATIONAL REGULATIONS SET NOW
Millionday: He pointed Keywords, for ‘launch of its first government bonds traded through next March’, returned to ‘auction of foreign currency is not a waste of public money or smuggled to him.’
He warned the Keywords, of ‘restrictions on the sale of foreign operation mode’, noting that it ‘will lead to the lifting of the dollar’s exchange rate against the dinar.’
Millionday: SO THIS WILL LEAD TO THE RAISING OF THE VALUE — WHOOOPOW
larrykn: so these bonds will be international right
Millionday: IM NOT SURE IF THESE ARE DOMESTIC OR NOT BUT KNOW THE REPORT EXPECTATIONS CAN ONLY BE MET BY INTERNATIONAL SALES AS WELL — THEY ARE TALKING 4 YEARS
hermantowncars: Can you explain in very simple terms how the auction of dinar to other countries banks maintains the stability of the exchange rate
Millionday: THROUGH LIQUIDITY — THE SALE OF FOREIGN CURRENCY IS PART OF THE REMMITTANCE SYSTEM — IN OTHER WORDS — IT ADS TO THE BOTTOM LINE OF WHAT THEY HAVE
Millionday: THEY CAN CONTROL IT
larrykn: sorry but does these bonds help them pay off the debt they will have once they revalue due to how much dinar is out of country
Millionday: THE BONDS PULL MONEY OFF THE STREETS AND GIVE THE PEOPLE A PIECE OF PAPER — THIS ALLOWS THE BANKING BUSINESS TO INVEST IN OTHER AREAS AND MAKE A PROFIT
Millionday: ALSO TACKLE PROJECTS ETC
Millionday: THE GOAL IS TO REDISTRIBUTE THE LIQUIDITY FROM ON THE STREETS AND IN DRAWERS ETC AND GET IT TO THE BANKS –
THIS GIVES THE BANKS LIQUIDITY TO INVEST AND GAIN IN DUE TO THE MACRO-ECONOMICS OF BANKING — THEY LOAN IT FOR INTEREST — INVEST IT — GAIN FROM LOANS FOR HOUSES BUSINESSES -CARS ETC –
FOR INSTANCE HERE — OUR FEDERAL RESERVE IS REQUIRED TO HAVE 10% OF ALL DEPOSITS ON HAND — THAT IS WHY A RUN ON THE BANKS IS SCARY TO THINK OF BECAUSE ALL CASH IS NOT AVAILABLE
Millionday: TENDER IS MADE UP OF — BILLS — COINS — PLASTIC — BONDS — ETC
Millionday: IT GIVES THE BANKS ASSETS
Millionday: MAKE SENSE ?
Millionday: ECONOMIC DEVELOPMENT THROUGH THE CIRCLE OF BANKING AND INSURANCE
Millionday: WHOOOPOW
Millionday: THIS IS MASSIVE AND HAT WORTHY
Millionday: THE SET REGULATIONS BEING TALKED ABOUT HERE HAD TO BE SET
Millionday: The Governor of the Central Bank on the Keywords, Sunday, for the contract with the Office of international scrutiny to establish procedures for the sale of currency “dollar” to control the movement of cash.
Keywords and said in remarks reported by the newspaper “Al-Sabah” and seen by Agency / information / “The central bank contracted with the Office of international scrutiny to establish procedures for the sale of currency” dollar “and to control the movement of cash on the dollar.”
Millionday: NOTE — THIS IS OBVIOUSLY A STEP OF REGULATION FOR INTERNATIONAL CASH MOVEMENT
Millionday: DEFINED>>>>GUIDANCE ON ENHANCED SCRUTINY FORTRANSACTIONS THAT MAY INVOLVE THEPROCEEDS OF FOREIGN OFFICIAL CORRUPTION
ISSUED BYTHE DEPARTMENT OF THE TREASURY
THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
THE OFFICE OF THE COMPTROLLER OF THE CURRENCY
THE FEDERAL DEPOSIT INSURANCE CORPORATION
THE OFFICE OF THRIFT SUPERVISION AND
THE DEPARTMENT OF STATE
Millionday: NOTE — OBVIOUSLY — INTERNATIONAL COMPLIANCE
Millionday: He added that “the central focus on the topic of financial inclusion for the positive role in the economic life,” pointing to “the pursuit of development finance for small and medium-sized projects that we will have an integrated legal framework sector, as well as work to stimulate Islamic banking field, which is expanding in Iraq.”
Keywords emphasized “the need to create guarantee deposits in the banking institution, as we are close to passing a law it will pass in the House of Representatives,” pointing to “continue efforts to develop a universal banking system, which represents a significant shift for the work of the central bank.”
Millionday: SO AS WE CAN SEE AND IMO — THIS IS TO MOVE TO INTERNATIONAL ACCEPTANCE OF THE DINAR
Millionday: OR THIS WOULD BE SILLY
Millionday: WHOOOPOW
Imperator: its is very exciting to
Millionday: I AGREE — VERY EXCITING
Millionday: READ EVERY WORD — DOESNT GET MUCH BETTER THAN THIS
Millionday: NOTE — IN OTHER WORDS IT IS TIME FOR ALL THE PLANNING AND TALK TO STOP AND NOW THE LOANS AND FEASABILITY SHOULD BEGIN
Millionday: He said in an interview (morning) that the lending process requires Court follow – up mechanism and rational paths between loans and realized the feasibility of the project and not to allow direct loans to the wrong people.
Miller pointed out the importance of providing the necessary liquidity for banks to actually start the process of lending aimed to set up projects in more than Structural and service sector, noting that some banks had completed its preparations for the process of lending as a bank across Iraq and elsewhere have been preparing human capacity and modern systems and programs to start the lending process desired.
Millionday: NOTE — THEY HAVE TO NOW BEGIN THE MOVE OF LOANS TO THE CITIZENS
Millionday: READ EVERY WORD >>>Contribution actor he said that the CBI should contribute actively to the process of economic development and the allocation of a trillion and a half trillion dinars small, medium and micro – enterprises is an important step calculated to Central, where he leads the loans to rotate the wheel of production and raise the level of services and address the major economic problems through the provision of job opportunities many move chock sectors for these projects , which will be deployed in most of the provinces of Iraq.
Millionday: NOTE — THE REQUIREMENT GIVEN IS TO LOAN TO THOSE THAT QUALIFY
Millionday: He said these projects can be a role complementary to projects big strategy through the manufacture of parts important to her, pointing to the importance of a company bank guarantees biggest in providing guarantees for these loans the role and to be working more in tune with the trend lending.
human resources and specialized human resources development in the banking matter said the miller to the need to enable workers in this sector of advanced banking technology through their participation in the ongoing development courses inside and outside Iraq under the supervision of the best international experiences,
Millionday: NOTE — OBVIOUSLY WORKSHOPS WILL CONTINUE AS WILL EDIUCATION IN THE ADVANCED WORLD OF ECONOMICS ETC
Millionday: especially that Iraq is in dire need of banking products and sophisticated harmony needed international companies that are looking for products complete its work during the perfect time without the complexity or stagger, pointing to the Iraqi private banks association initiatives in this regard.
Millionday: NOTE — REMEMBER THAT IRAQ WILL NOW HAVE THE MOST ADVANCED SO THEY DO NOT NEED TO INVEST IN ADVANCEMENT AGAIN OR AS SOON ….
Millionday: And the need for the banking sector works in accordance with the best methods for attracting customers on the differences citizens or companies that are selected people with the ability to better methods Global Etiquette in dealing with customer adoption.
He stressed that Iraq had many investment opportunities in all sectors can attract global effort and check feasibility economic process for both sides, where they can invest in industry, agriculture, health, education, tourism and all other sectors , without exception.
Millionday: WHOOOPOW —
Millionday: AND WITHOUT EXCEPTION — CANT GO WRONG THERE
Millionday: THIS IS GREAT
Pablo: Did they become article 8 compliant today?
Millionday: I DONT KNOW — I DO KNOW THEY WERE TO BE BY THE END OF THE DAY — INK IS NOT DRY YET — BUT WILL BRING IT WHEN I CAN
Millionday: NOTE — THE TARIFF TAX IS APPLIED AND CUSTOMS ETC
Millionday: HERE WE GO WITH THIS
Millionday: Defense Minister Khaled al – Obeidi, the need to implement the directives issued by the commander of the armed forces , Prime Minister Haider al – Abadi, supported the national product joint coordination between his ministry and the Ministry of industry, including supporting the economy turnover in this difficult situation , which is going through the country.
The confirmation of al – Obeidi, through its agent, Minister of Industry and Minerals Mackie wondrous Hammoud and his accompanying delegation, in which they discuss “ways to secure the ministry ‘s military needs of the Ministry of Industry and Minerals and its subsidiaries, particularly leather and textile industries .
Millionday: NOTE — THE PROTECTION OF THE NATIONAL PRODUCT AND APPLICATION OF THE DIVERSITY OF GDP AND RESOURCES FROM IRAQ
Millionday: NOTE — REMEMBER WE DISCUSSED THEY WERE GOING TO TAKE ON THE MARKET OF WAR/MILITARY PRODUCTION
Millionday: ” In context, praised the secretary general of the ministry need to be inspired directives of the commander in chief of the armed forces “as a platform a year to work in the national product support, in order to secure the battle supplies”,
calling on officials in the Ministry of Industry to the need to adhere to delivery schedules and quality Almentoj.omn side showed officials at the Ministry of Industry, their willingness to provide the Department of defense requirements in accordance with high international standards quality, durability and fast delivery and match them to the product Almistord.ozyr defense,
Millionday: NOTE — HUGE CONTRACTS AND COMPLIANCE NEEDS
Millionday: instructed the departments of relevant ministry to conduct all the facilities for the auditors , and the completion of their transactions, and check out the action taken private external representatives of the departments and directorates and the nature of their office,
and met with citizens Alemradjaan.kma accept Obeidi with the German ambassador in Baghdad bilateral relations and military cooperation between the two countries and the support provided by the German government to the government and people of Iraq in its war against terrorism.
Millionday: IMO WE ARE ALL AT WAR AGAINST TERRORISM
Millionday: TAX >>>>
Millionday: Sammak confirmed the General Customs Authority doubled revenue from the border outlets after the application of the tariff law.
As revealed vowed Kurdistan region to enforce the law in the coming period, the Commission published detachments for obtaining tariff of shipments that are not reimbursed at border crossing points and including coming from the region.
doubling of customs revenue the general manager of the Ministry of Finance Authority, Kazim Ali in elaborately statement «morning», said the decision to apply the tariff does not return it,
Millionday: being the head part and an important economic reform plan, saying that revenues began to multiply great after you apply
Alaqrar.oohar that his department will tighten the subsequent monitoring and control points five guestrooms, articulating the existence of intent to increase not on potential,
especially that it has become part of the security checkpoints, noting the existence of coordination between the customs and the ministries of defense, interior and command of operations in this regard.
Millionday: NOTE — OBVIOUSLY THE CROSS POINTS ARE BEING MANNED AS WE EXPECTED TO SEE
Millionday: importance of tariff customs and pointed over to the customs tariff is one of the instruments of fiscal policy being used as a tool to achieve two main; the first funding through the realization of revenues to the public treasury by collecting customs duties, while the second is to rationalize consumption, thereby reducing the units of foreign exchange leaked out of the country.
Millionday: NOTE — DEVELOPMENT OF ECONOMY THROUGH MARKET
Millionday: >>>>PROGRESS WE SHOULD SEE >>The most important economic reform rings and a duty nationally must combine efforts to make it a success and achievement, returned to address this experiment, harms the national economy significantly,
the fact that the current stage requires the application of tariff law because the country is facing a financial crisis what efforts did not combine to solve them.
points a customs check Kadhim said that the tariff customs has become a tool to verify a set of objectives required by the national economy at the present time, since no longer the policy of the Ministry of Finance, but has become a national duty and everyone must work in tandem to make it a success,
noting that the application of tariff or activated Abizaid decision of the Prime Minister ‘s Office No. (413) for the year 2015 the goal of the establishment of points of a customs check in the center and the rest of the provinces
Millionday: NOTE — OBVIOUSLY THE FUNDING THROUGH TAXATION IS A GREAT MOVE FOR THE COUNTRY IN ITS CONDITION
Millionday: KURDISTAN >>>>>>>>>>>> Director General of the Commission disclosed the conduct of a meeting with customs KRG officials who expressed their full readiness to implement the tariff law in the region outlets after training Mlakathm on Harmonized system,
which consists of 750 pages attached to the customs tariff No. law (22) of 2010, as they translated to the Kurdish language and asked for three meals a train, adding that the next few days will witness the dispatch of instructors to the region for this purpose.
deploy detachments customs pointed to that the publication of customs detachments shares of two things, the first part of the body that all goods entering Iraq will be handled uniformly, while the second will help to know who deviates from inside the ports of employees, stressing that these detachments supervised by staff spent a long time in the administrative apparatus with experience and knowledge
Millionday: NOTE — THEY SAID PREPARATION IN THE NEXT COUPLE DAYS
Millionday: NOW READ THIS > noting that the Commission awaiting instructions for the budget that allowed interoperability provided that holds a ministerial committee instructions for the preparation of this issue, hoping to expedite the issuing instructions to speed up the negotiation and contracting with companies, especially that there are bids from reputable companies, one of which operates 125 outlets in the world, as well as quotes from the local private sector .
Millionday: SO As we CAN CLEARLY SEE — THEY ARE MOVING FORWARD WITH MARKET AND TRADE — SO WE SHALL WATCH HOPEFULLY NOT FOR VERY LONG AT ALL
Millionday: ANYONE HAVE A DATE?
Millionday: LOL
Millionday: SO THAT IS WHAT I HAVE WITH THE INTERNATINAL REGULATIONS AND THE TAXATION BUT LET ME CHECK OUT SOMETHING ELSE
poppy3 Millionday: IT IS OBVIOUS TO ME AND ALL THE NEWS THEY HAVE MADE FAST PROGRESS AND ARE STILL TRYING TO BE GLOBAL WITH THEIR CURRENCY , BONDS ETC AS FAST AS POSSIBLE . POPPY3 DONT YOU READ IT THIS WAY AS WELL. POPPY3
Millionday: OH YES I DO READ IT THAT WAY MY FRIEND — I AGREE — OR THEY ARE JUST BORED AND GOING THROUGH THE MOTIONS BECAUSE THIS NEWS ROCKS AND IS LINE WITH WHAT WE WOULD EXPECT IMO
Millionday: IMO DISCLAIMER ETC
Millionday: LOL
Millionday: MARCH WOULD BE BONDS — DOMESTIC OR NOT IT IS ONE OF THE STEPS TO SWITCH THE LIQUIDITY TO THE BANKS — THAT IS WHAT WILL DEVELOP THE BANKING AND INSURANCE INDUSTRY — THE HEART OF ALL ECONOMIES
poppy3 Millionday: AMEN GIRL THERES ABSOLUTELY NO REASON FOR ALL THE MOVES AND URGENCY EXCEPT TO GO GLOBAL WITH THEIR CURRENCY. YOU GO GIRL. POPPY3
Millionday: SMILE — GOOD TO SEE YA BUT LETS QUIT MEETING LIKE THIS AND HIT THE ROAD OR SOMETHING — WE ALL NEED A GREAT SPA DAY LOL
thomas1: are you thinking they are going artc 8 march 1
Millionday: THEY AGREED TO BE COMPLIANT BY THE END OF THIS MONTH — TO MOVE TO ARTICLE 8 — I WANT TO COME IN AND YELL IT FROM THE MOUNTAIN AND THEN BEAT ALL OF YOU IN A CAMEL RACE LOL
Millionday: HAVE A BLESSED NIGHT AND LOVE TO YA
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