Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: THIS REPORT IS FANTASTIC SO READ IT ALL
Millionday: Omar Abdel-Latif, the World Bank advised the government to make major economic reforms during the next phase, to spare the Iraqi economy to be vulnerable to shocks, external crises in the long term, with the parliamentary finance committee Mazhb him supported the World Bank, describing the situation in Iraq and economic b »is very deteriorating »and he needed radical reforms.
Millionday: THE WORLD BANK IS FUNDING A LOT OF AREAS THAT HAVE BEEN CLEARED OF TERRORISM — AND THEY ARE THE WORLD BANK SO OBVIOUSLY >>>WHOOPOW
Millionday: He said the World Bank representative in Iraq, Robert Abu quality in a question raised by the« morning »via the Internet, that the austerity measures taken since the beginning of 2015, the fact that Iraq faced serious and urgent challenges, stressing that the drop in world oil prices and the war on gangs «Daash» terror led to a sharp deterioration in economic activity, public finance and balance of payments of the Iraqi state.
Millionday: NOTE — THE WORLD BANK IS ASKING FOR MAJOR ECONOMIC REFORMS
Millionday: He said Abu quality that there is a need to cut costs and enhance revenues and contain the deficit in 2016 measures, stressing the need to take government austerity measures, especially with the possibility of turning the situation Financial to «darker» than expected, as much as the export price of oil at $ 56, generates a deficit of 10 per cent of GDP.
and between Abu quality that despite the expectation of higher oil exports, but there are challenges to the Iraqi government does not stop in front of addressing only the current crisis, but also provide significant economic reforms to make sure that Iraq’s economy will not be vulnerable to shocks, external crises in the long term.
Millionday: NOTE — NOT ONLY REQUESTING ECONOMIC REFORMS BUT >>>>SIGNIFICANT ECONOMIC REFORMS — WHOOPOW
Millionday: The Supreme religious authority has stood up again and through the Friday sermon on 06.11.2015 in a row reforms, refusing to circumvent them under the pretext of «the auspices of the constitutional path».
For his part, supported the Finance Committee’s decision in the House of Representatives Ahmed al-Haj is the view of the World Bank in his advice to Iraq, describing the economic situation of the country, whether financial or monetary policy level or credit Pal »very deteriorating» and needs to radical reforms.
Millionday: NOTE — NOT ONLY ECONOMIC REFORMS BUT >>>>>>>>RADICAL ECONOMIC REFORMS
Millionday: WHOOPOW – I LOVE ALL THESE WORDS
Millionday: NOTE — OBVIOUSLY A TURN OF 10% OF THE GDP IS NOT A GOAL AND THE NEED IS OBVIOUS DUE TO THE INTERNATIONAL EQUATION
Millionday: Haj said in a statement singled out by «morning», said the credit rating of Iraq is very weak, indicating that «no country or institution international gives Iraq loans, but high benefits of large and guarantees», warning of all loans obtained by Iraq in the field of consumption, viewing it as «a danger to the country and deferred tax paid by future generations».
Millionday: NOTE — THE CREDIT RATINGS ARE NOT GREAT AND ALSO THEY HAVE HIGH RISK –
LAST NIGHT THEY ANNOUNCED THEY WERE GOING TO BEGIN THE WAR INDUSTRY AND THE PIPE LINE THROUGH AGREEMENTS — SO AS WE KNOW — LOWERING THE GDP IS NOT THE GOAL OF COURSE —
INVESTORS INCLUDING THE WORLD BANK ETC NEED GROWTH FOR DEBT REPAYMENT AND ALSO IRAQ NEEDS LOANS FROM INVESTORS ETC DUE TO THE WAR TORN CONDITION OF THEIR COUNTRY
Millionday: >>>>>>>>>>The decision of the Finance Committee, said the financial policy of the government based on unilateral economy Source which is oil, noting that such a thing is causing volatility in overall revenues when oil prices rise or fall,
and thus The International Monetary Fund and the Construction Bank recommended a radical government reforms and measures in multiple sources of revenue and reduce expenditure and try to find non-dependence on oil, economic alternatives for the advancement of the economic reality of the country.
Millionday: SO ANOTHER REASON IS FOR THE ADVANCEMENT OF THE ECONOMIC REALITY OF IRAQ — WHOOOPOW
Millionday: SOUNDS GREAT TO ME — LOVE IT
poppy3 Millionday: YES THE WORLD BANK AND IMF HAVR STATED THEY (IRAQ ) MUST INCREASE GDP AND GROW ECONOMY TO SHORE UP THEIR FINANCIAL STABILITY.
TO ME THAT SAYS THEIR CURRENCY MUST INCREASE IN VALUE TO GAIN THAT STABILITY TO SUPPORT THE LOANS THEY HAVE ALREADY BEEN APPROVED ON. RV PEOPLE NOW THATS A WHOOPOW
Millionday: Denied the parliamentary Finance Committee, on Tuesday, re-draft federal budget law for 2016 to the Cabinet for discussion.
The committee member said Sarhan Ahmad’s “Eye Iraq News” that “the news of re-draft budget law to the government Nude for health and made the bear responsibility,” noting that “the Minister of Finance will send some amendments to the parliamentary Finance for the purpose of adding them to the draft budget.”
Millionday: NOTE — THE REPORTS OUT THAT THE 2016 BUDGET HAS BEEN SENT BACK HAS BEEN DENIED —- THE SECOND READING HAS BEEN DONE AND THEY EXPECT VOTE THURSDAY —
Millionday: Sirhan emphasized that “the draft budget law is still under the dome of the Parliament and of the Finance Committee,” explaining, “The Parliament will pass the budget before the end of this year.”
The MP for the coalition of state law Haider Mawla, on Tuesday, the House of Representatives decided to return the draft federal budget for 2016 at the request of the law minister who has hosted today.
Millionday: SO THIS IS NEW FOR IRAQ — WHOOPOW
Millionday: NOTE — REMEMBER THAT THE RADICAL REFORMS THAT THE WORLD BANK IS CALLING FOR IS ALSO TO REDUCE THE 2016 BUDGET DEFICIT AND FIGURES ETC — SO FOR THIS TO BE READY FOR VOTE –
IT SHOWS HUGE PROGRESS AND PREPARATION FOR THE ECONOMIC REFORMS IMO
Millionday: READ VERY CAREFULLY
Millionday: Denied the Iraqi Central Bank Governor Dr. Ali Keywords what has been traded from the news about the disappearance of $ 10 billion of the bank’s reserves during the previous government to open an investigation in this regard.
He Keywords in a statement to «morning» that a meeting with the Prime Minister, Dr. Haidar al-Abbadi, during which Review of the negotiations for government delegation with the International Monetary Fund in Oman and the most important thing was reached him of the agreements have not been touched upon the issue of the disappearance of money from the Reserve Bank or instruct us to investigate.
Millionday: NOTE — CBI HAS DENIED THAT SOME OF THE RESERVES ARE GONE ($10 BILLION) THE INVESTIGATION IS NOT GOING ON AT THIS TIME
Millionday: NOTE — THE RELIANCE ON NEWS GOES ON EVERYWHERE — THEY HAVE BEEN ASKED TO BE A POSITIVE FORCE IN THE REFORMS AND CITIZEN DEMANDS
Millionday: He called on the media to be accurate in the transfer of information because of their impact on the political, economic and security reality .okan Central Bank of Iraq has denied, on Tuesday, the newspaper «morning» on the disappearance of $ 10 billion of it,
and called on the Iraqi Media Network to investigate the reasons of the publication of this Br.oukal Bank in a statement released him, «morning» received a copy of it « has been viewed on the news published in the newspaper «morning» to Monday’s day on November 16, 2015, under the title (to investigate the disappearance of $ 10 billion from the central bank) », indicating that« the news untrue altogether ».
Millionday: The bank said that «the Governor of the Central Bank of Iraq on the Keywords contact network Iraqi flags and demanded an investigation into the matter of publication of this news»,
calling on media organizations to «accuracy and credibility in the dissemination of news, especially those published in the official media». Procedure «morning» to it It opened the «morning» an investigation into the circumstances of this report, and pre-empt the results of the investigation by expressing an apology to all of the information related to inaccurate received in the context of the report.
Millionday: OBVIOUSLY IT EXTREMELY IMPORTANT TO BE ACCURATE WHEN YOU ARE PROMOTING A COUNTRY —
Millionday: PARLIAMENT TODAY
Millionday: Council of Ministers decided to refer the law on the sale and lease of state property to the parliament, after its approval in its meeting chaired by Prime Minister Dr. Haider Abadi regular forty-fourth session, which was held on Tuesday,
according to the report a statement issued by the Information Office of the Council of Ministers, received the “morning” copy Menh.ozkr statement,
the council approved a draft amendment law of the first to the law of sale and lease of state property No. (21) for the year 2013 the auditor of the State Council, and forwarded to the House of Representatives, according to the provisions of Articles (61 / I and item 80 / item II) of the Constitution, taking the observations of the Legal Department of the General Secretariat of the Council of Ministers.
Millionday: NOTE — THEY DID HAVE MAJOR ISSUES WITH LAND OWNERSHIP AND IT WAS AN ISSUE — THE RESOLVE IS NEEDED FOR INVESTMENT –BANKING REFORM- AND EVEN THE PRIVATE SECTOR AND MARKET — SO GREAT NEWS
Millionday: It was also stressed to the Iraqi Council of Representatives on the course of the procedures legislation the first amendment to the law Property Claims Commission Law No. (13) of 2010,
which had previously been approved by the Council of Ministers in its resolution No. ( 16) for the year 2014 in line with the reform plans and directions of the Iraqi government in limbering administrative and anti-Alvesad.ojul Council of Ministers, according to the statement,
the Minister of Justice Haider spokesman Jassim Zamili, power to sign the Covenant on the Rights of the Child in Islam, which was adopted at the thirty-second of the Islamic Conference of Foreign Ministers held in Sanaa for the period from (28-30 / 6/2015),
Millionday: NOTE — AS WE SEE THIS IS NOW IN PARLIAMENT —AND ALSO LOOK AT THAT MINISTER OF JUSTICE POWER GIVEN — VERY INTERESTING
Millionday: , the auditor of the State Council, according to the provisions of Article (80 / item VI) of the Aldstor.kma instructed the Foreign Ministry to prepare a document authorization required behalf of the Government of the Republic of Iraq to the Minister of Justice, according to the contexts adopted, and submit them to the General Secretariat of the Council of Ministers for obtaining the signature of the Prime Minister.
Millionday: OBVIOUSLY LEGAL STEPS FOR AMENDMENTS AND THE WORK OF LAW AND CHANGES THAT MAYBE UPCOMING —
Millionday: THURSDAY NEXT SESSION
Millionday: THIS IS HUGE — THERE SEEMS TO BE A PROBLEM WITH PRICING IN IRAQ`S CURRENT SITUATION
Millionday: READ CAREFULLY
Millionday: Thamer Alheims about to look to external borrowing, the Iraqi economy gradually will become dependent on external flows entity, but at a high price may lose an independent economic decision.
According to economic theory, Keynesian of the difference between the value of imports and the value of exports of goods and services to the theory of the difference between desired savings and investment desired (this also came in d. Article Mohammed Saleh appearance regarding savings imbalances).
Millionday: NOTE – VALUE IMBALANCES WOULD REQUIRE EQUATIONS FOR THEIR GLOBAL INDEX IMO
Millionday: Valedjar desirable is the substantive equivalent of the presumption under this hypothesis is proven. Given that this type of savings is essential to the reduction of consumerism must provide complete objectivity conditions effective on the one hand.
The banking items that have become a pot of this savings are Islamic banks or Islamic window government or private.
Millionday: Where Islamic banks or Islamic windows still successful option in the global and regional economy, especially. The success of Islamic banks implies it meets the concrete social need, as it provides complete her legal protection and even welcomed (d. Timor Curran / Islam and the super-rich – translation platform of freedom p. 121).
Since it any Islamic banks or windows meet the social need to be the intake of access to the sums saved in houses often the result for total spending of 50 percent of the budget mechanisms,
Millionday: NOTE — THE FIGURES SHOULD ALSO BE REALITY FOR IT TO OBJECTIVE CONDITIONS
Millionday: NOTE — HOW TO MOVE FORWARD WITH ADJUSTMENTS AND PROTECTION IS A HUGE UNDERTAKING IMO
Millionday: so Islamic banks and windows work strenuously to seize amounts in excess of the normal through the following consumption:
* do an awareness campaign serve and encourage, but savings, which has long been hesitant through the uncertainty caused by the security conditions and this is done through the State-owned banks to support this trend because of its exposed some private banks to setbacks or some excesses and deviations.
Millionday: This is done through the guarantee for these banks closer to the lock on the amounts saved in the first stage.
• Advertising and transparently on the projects contributed by Islamic banks in order to reassure the depositor and supports activities to purchase their product or promote him to link his interests him and defend the quality of the product. This is what raises his shoulders guarantee bank of government that are imposed in the foundation stage only.
Millionday: NOTE — CONFIDENCE IMPACTS ALL MARKETS
Millionday: • Islamic banks generally operate under (verse 18 of Al-Hadid)
(and lent God a loan) and the holding of the loan is intended to kindness to people and helping them to the affairs of life and not a means of earning and a method of exploitation methods where broken borrower from his bottle of obedience to God.
(d. Sadeq Rashid al-Shammari / basics of investing in Islamic banks)
and this enhances the relationship with the community of the Islamic bank or Islamic window and become economically and socially interactive economic structure.
Millionday: NOTE — OBVIOUSLY THE TRANSLATION IS WRONG >>>> GOD HAS NOT GOTTEN A LOAN NOR WILL HE IMO
Millionday: NOTE — HOWEVER >>> THE CULTURE AND RELIGOUS BELIEFS IN IRAQ WERE A PROBLEM WHEN REFORMING BANKING LAW ETC — THEY BELIEVE TO DO SOMEONE A FAVOR IT IS WRONG TO CHARGE —
(NOT EXACT WORDING) MY POINT IS THE CHARGE OF INTEREST WAS DISCUSSED ALOT YEARS AGO WHEN THIS WAS ALL BEING DESIGNED —
AND WHAT THEY ARE USED TO ETC WAS AN ISSUE OR AT LEAST FEARED TO BE AN ISSUE IN BANKING AND NEW ECONOMICS ETC
Millionday: still liquidity cash stuck a problem and this investment by the savings of four million employees and more than three million retired and become an excellent pot to deal with him as to reduce consumption and reduction of import supposed to be heading amounts to waste this positive savings.
Millionday: THE ISLAMIC BANKS WERE TALKED ABOUT AS IF THEY WOULD HAVE A GREATER CHANCE OF BEING USED DUE TO THE CULTURE DIFFERENCES I WAS JUST DISCUSSING —
Millionday: I AM SURE MANY HERE REMEMBER THE MANY REPORTS OVER THE ISSUE
Millionday: OBVIOUSLY THIS IS AN ISSUE AS WELL>>>hesitant through the uncertainty caused by the security conditions and this is done through the State-owned banks to support this trend because of its exposed some private banks to setbacks or some excesses and deviations.
Millionday: I WOULD NOT WANT TO OWN A BANK IN IRAQ
Millionday: THIS IS GOING ON STARTING TOMORROW >>>>>> The Group of Twenty summit concluded yesterday and today opens Economic Cooperation forum summit of the Asia Pacific (APEC) initially allocated for trade.
Leaders of Member States deals with the presence of the US president and the free exchange between the 21 member states, which together account for 57 percent of the global economy and comprises 40 percent of the global population issues.
The Chinese president told the leaders of the Group of Twenty countries during their meeting in Turkey that the world urgently needs to find new sources of economic growth.
Millionday: I COULD HELP WITH IDEAS — LOL