Millionday

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WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM

WELCOME TO NEWSTIME EVERYONE

Millionday: NOTE — THIS IS VERY INTERESTING — IT IS THE ANNOUNCEMENT FROM SALEH ABOUT THE MOVE FORWARD TO A MARKET ECONOMY —

Millionday: READ EVERY WORD AND VERY CAREFULLY

Millionday: Managed (State – components) of the framework of its new economic characterization as a system (Riei- liberal) alternative economic system (state – the nation), a system (rent-Central) based on the severe state capitalism Central, which remained determines the directions of economic policy,

and installation constants and variables of financial, monetary and trading and operational trends all power consuming serving Liberal consumption in the mechanics fragile of the parties to the global market without the ability to generate production and diversification of the national economy and in accordance with the structural following:

Millionday: NOTE — HOLD ON TO YOUR HAT BECAUSE SALEH IS ANNOUNCING THE NEW ECONOMIC SYSTEM —RENT-CENTRAL –CAPITALISM

Millionday: WHOOPOW

Millionday: >>>>>>Capitalism is an economic system based on private ownership of the means of production and the creation of goods and services for profit.[1] Central characteristics of capitalism include private property, capital accumulation, wage labour and competitive markets.

[2][3] In a capitalist market economy, investments are determined by private decision and the parties to a transaction typically determine the prices at which they exchange assets, goods, and services.

Millionday: NOTE — THE PRIVATE SECTOR

Millionday: NOTE — THIS IS WHAT HE IS ANNOUNCING >>>>>The degree of competition in markets, the role of intervention and regulation, and the scope of state ownership vary across different models of capitalism.[5] Economists, political economists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. ‘

These include laissez-faire or free market capitalism, welfare capitalism and state capitalism. Each model has employed varying degrees of dependency on free markets, public ownership, obstacles to free competition, and inclusion of state-sanctioned social policies.

Millionday: NOTE — GOING TO A MARKET ECONOMY

Millionday: NOTE — EXTENDED EXPLANATION BY SALEH >>> 1 – the specimen rent-liberal structure of economic policy came in (the state-components) in line and the state to get rid of predicament impossible trinity (between democracy and globalization on the one hand) and (nation-state on the other hand) credit economic system (rent-liberal) as an alternative (to the system rentier -antrza) .wantht both Alrasmalitin (state capitalism and capitalism civil) apart in the foundations alienation from development, but Mnsjmtin in movement and direction and common targets paths of globalization consensus and openness towards the international market,

Millionday: NOTE — FIRST OF ALL IT INCLUDES THE MOVE TO GLOBAL MARKET AND THE FREEDOMS ENJOYED BY THE PRIVATE SECTOR

Millionday: NOTE — THIS REQUIRES TOO MANY WHOOPOWS TO TYPE

_firefly_ : A CAPITALIST global economy !

Millionday: and without that has thought a development unified or joint vision brought together national market where about a coherent and unified goal outside consumption opportunities and profit and speculation and grab rents.

It is still a surplus relatively high financial resources which stuck its capitalist rentier state to Aasog, for example, the actual unemployment continuing rates in the open labor market and twice as high places throughout the decade .oan Maysog this is the weakness of market capitalism contact state capitalism in the investment approach and to build the future Alaguetsada.oan market performance as a contractor outlet for the investment budget (out of rent-seeking activity and investments) are still weak

Millionday: NOTE == THE NEW SYSTEM IS DEPENDENT ON THEIR OWN ABILITIES — FOR INSTANCE — HIGH UNEMPLYMENT WILL BE WITH AN OPEN LABOR MARKET AS APPOSED TO THE WAY IT HAS BEEN FOR YEARS — CONTROLLED ETC — NO PRIVATE SECTOR FREEDOMS TO FAIL OR GAIN

Millionday: FIREFLY — BINGO SMILE

Millionday: , reflecting the weakness of capitalism partnership in curriculum development and progress Alaguetsada.az I pointed out the operational capacity of government investment projects rates did not exceed 27 percent of the investment allocations up to 2014 which investment projects and activities for which the private sector implemented by contractors often but decreased the ratio of (zero percent to 10 percent) in the implementation of water and sewage projects in the provinces and municipalities in 2013 and

Millionday: NOTE — HE IS TALKING ABOUT THE DIFFERENCES IN DOING PROJECTS THROUGH PRIVATE BIDS ON THE JOB AND THE ABILITY TO HAVE INVESTORS ETC WITHIN THE NEW SYSTEM

Millionday: and according to a report of the Commission services in the House of Representatives. seen doctrine liberal state as an entity exploitative Nhaba necessarily seen the private sector being the destination rentier (seeking to rent collection even tax evasion), the opportunistic power Btabiatha.ually

despite the intervention of the state in a narrow range of legal climate for the work of the liberal market and determine the state channels of communication with the market to regulate according to the specimen rent-liberal, but the liberals and their thoughts prevailing call for complete separation between the state and the private sector.

Millionday: NOTE — THE REPORT WAS REFERING TO KEEPING GOV CONTROLS SOME AND COMPLETE SEPERATION WITH GOVERNMENT AND THE PRIVATE SECTOR — FREE MARKET ECONOMY

Millionday: READ EVERY WORD >>>>>>>>>>With this in mind I took the Coalition Provisional Authority in drawing the legal limits for the integration of the economy of globalization of the national economy and then painted the economic policy paths in different axes on the principles of liberalization of the Iraqi market and to facilitate the integration into world markets (or globalization Iraq), as follows:

Millionday: NOTE — THIS IS SALEH THAT IS SAYING THIS AND TELLING US THE POLICY

Millionday: NOTE — WHILE YOU READ THIS KEEP IN MIND WHAT WE ARE LOOKING FOR HERE — WHOOPOW

Millionday: built Iraq since changing the 2003 policy openness and wide around the world and sought to establish a significant economic rules and legislative work according to the market system mechanisms, as it mostly helped improve Iraq’s foreign trade, after the economic siege that lasted more than a decade-odd of time led to the marginalization of Iraq on the map of the global economic system

and deprived of investment and progress opportunities and development and technological knowledge that should have been appointed on the face of developments and rapid developments that have occurred for the international market competitiveness and changed sharply over the past two decades.

Millionday: NOTE — SINCE 2003 THEY HAVE BEEN DEPRIVED OF AN OPEN MARKET AND ONE OF THE RESULTS WOULD BE THE HUGE ADVANCEMENTS WE HAVE TALKED ABOUT IN THE PAST –

HE SAYS THEY ARE TWO DECADES BEHIND AS THEY WERE NOT COMPLETLY ADVANCED AT THE TIME OF SANCTIONS ETC

Millionday: WHOOPOW THIS IS A GREAT REPORT >>>>Thus, under Iraq suffers from a legacy of isolation from the international environment in the midst of a world engulfed by the merger of his companies and the liberalization of its markets and integration,

particularly financial ones, the rule of doctrine currents neo-liberal, which required extensive economic transformations in the field of IT and financial services is consistent with the UN productive activity through the role which I took to play the multinational companies and the increased competitive advantage of products that began generated world markets.

Millionday: NOTE — THEY HAD TO HANDLE EXTENSIVE ECONOMIC TRANSFORMATIONS CONSISTANT WITH THE UN REQUIREMENTS — THIS INCREASED COMPETITIVE ADVANTAGES OF PRODUCTS TO MOVE “MADE IN IRAQ” INTO THE WORLD MARKETS AND GAIN FROM IT

Millionday: NOTE — YES OBVIOUSLY THE FINANCIAL INTEGRATIONS WERE TO COMPLIANCE — SWIFT CODES — BASEL — INTERNATIONAL TRADE LAW ETC — THEY WORKED FOR YEARS TO GET TO THIS POINT

Millionday: NOTE — THIS IS LONG BUT WORTH EVERY WORD YOU READ >>>>>>>> In the midst of these changes in the international trading and financial space, Iraq moved to the task of regulatory levels in the transition to a market economy to break the impact of the international isolation over engagement in a strong area of economic liberalism,

which focused in the areas of Iraq’s foreign trade liberalization of goods and services and ways of their funding from, although volatility or ambiguity organization, as well as the fields of winning in the financial services progress and improve the investment environment foreign through legal banking and investment legislation and the law of the central bank and

Millionday: NOTE — KNOW THESE ARE CHANGES THAT HAVE OCCURED

Millionday: and amending the Companies Act, to allow foreign banks to operate in Iraq and allow the transfer of money, currency, capital and in a manner to serve Iraq’s openness to the world in an economy conditions central Rei, ungainly in the understanding of market liberalism, which led, however, provide positive opportunities for legal, regulatory and foundations of a promising business environment of Iraq.

Millionday: WHOOPOW — THIS WAS THE INVESTMENT LAW AND BANKING LAWS WE WAITED FOR AND WATCHED

Millionday: NOTE — OBVIOUSLY THE RESULTS ALL OF THESE COMPLETED LAWS ARE TO PRODUCE ARE ALL THINGS THAT IRAQ NEEDS TO HIT THE GLOBE AND INVESTORS NEED FOR IRAQ TO RELEASE THE VALUE AND RATES IMO

Millionday: NOTE — I AM SO EXCITED ABOUT THIS NEXT PART – SMILE

Millionday: But all that is not enough to put Iraq on the international economic competition path. because there is still more than two thousand text of legislative texts disruptive economic freedom and market activity, the legal community holds today studied and which eliminates the case modified in order to Iraq will be able to integrate into the trade, international investment and configured, for example

Millionday: NOTE — IT IS NOT INSTANT IN OTHER WORDS FOR THEIR TRADE SUCCESS —

Millionday: FOR EXAMPLE >>>> to join the World Trade Organization in accordance with the conditions of membership in order to get our country on the condition of most state care and the principle of national treatment and Gerha.wallavt, the liberalization of the market and trends integration into the global market that led economic usages and directions Liberal fugitive relatively speaking, ‘

has worked to freeze any legislation (protectionist) development and consumer rights and the national product-sensitive, a UN rights exercised by various countries to ensure progress economies of commercial dumping problems and

Millionday: NOTE — THE NEW INVESTMENT LAWS AND ALL REFORMS WILL HAVE TO BE ACTIVE AND LAW FOR THE INTERNATIONAL COMPETITIVE PATH TO BE A HIGHWAY BUT – ‘

ONE OF THE TOOLS THAT HAS TO BE PUT IN PLACE IS THE INTERNATIONAL EQUATION WHICH IS REALITY AND FAIR TRADE ACCORDING TO ACTUAL WORTH IMO

Millionday: suppress the development Windos for example, did not do the laws (customs tariff, competitiveness and protection of the national product and consumer protection ) because these laws have remained in spite of legislation years ago, ink on paper,

so as to force the prevailing doctrine of the liberal, which linked the legislative institution of democracy and oversight, rules the climate of globalization bulk to overcome the historical impasse politician mentioned him earlier.

Millionday: NOTE — SEE WHAT I MEAN — THE LAWS ARE THERE — THEY NEED TO ALL BE ACTIVATED ALL AT ONCE SOMEONE ONCE SAID — I AGREE WITH THAT

Millionday: SMILE

Millionday: NOTE — UNDERSTAND HE IS TALKING ABOUT WHAT WE HAVE BEEN WAITING TO SEE — IRAQ GOING GLOBAL TO A FREE MARKET ECONOMY — GLOBALIZATION

Millionday: 2 –oriented economic policy in knots (State – Ingredients) There are two trends in liberal thought Ahata financial policy of the state and their relevance to the market in Iraq.

The first trend: did not meet the idea of (state-components) within the solution trouble impossible trinity with neo-liberalism in the subject of small state (small state assumption) but on the contrary, the State of ingredients , trying to pressure Alanvaqa towards highlighting component capacity financially, particularly by maximizing consumer expenditure and operational Awalmoisnh and acting financial component as if it is possible context or alternative (the nation state)

Millionday: NOTE — IMO THE PROVINCES WILL DO MUCH BETTER IF THEY GIVE POWER TO THEIR REPRESENTATIVE AND ALLOW THE RESOURCES IN EACH AREA TO BE TAKEN ADVANTAGE OF

Millionday: SMILE

Millionday: Despite this, the trend in nature contradictory, may easy to get out of trouble impossible trinity As long as the integration into the global market or globalization seen in the (State – components) as mere (federations democracy) move to sustain the college tracks the global political economic system (state-market)

​and that those federations can not be transformed with each other to build a (nation-state) in creating a unified people and happy and homeland enjoys luxury and freedom Alaguetsadah.an financial risks, devoted Anfakie towards final consumption not for Development and orientations productivity, not the pride of only serious principle in international geo-political,

Millionday: NOTE — THE MOVE TO THE GLOBE WILL BE SUCCESSFUL AS LONG AS ALL REFORMS AND ALL DEMOCRATIC CHANGES ARE ALSO APPLIED AT THE SAME TIME

Millionday: a so-called (Balahiaiah Alakulaimah- (Bioregionalism which means melting (State -almkonat ) political regional as similar markets have ethnically or Matkadia across the border, which is looking for globalization to transfer democratic entities (state-components) to (federations democracy) associated markets globalization but somehow stronger than the National League as they see it (-alamh State !!).

Millionday: NOTE — THIS CAN BE DONE WITH TRUE DEMOCRACY AND POWER TO THE PROVINCES AND THE PRIVATE SECTOR HAVING THE FREEDOM TO MOVE FORWARD — SOME AGREE WITH PROVINCE POWER — SOME DO NOT —

_firefly_: Tough crowd tonight lol

Millionday: THEY ARE IN SHOCK   Millionday: LOL

Millionday: 3 – option alternative: the social market has not liberal-rentier Tzaralasrh between the market and the state in Iraq, and over a decade, but a model unique strengthens the integration into the global consumer market Awaldhuban consumer globalization and to under the terms of a democratic political transition, which required the transition from state -alamh to the state -almkonat or quotas (also termed the norm in our country today) .oan expand the exchange is the product of the benefits of oil wealth and sharing insatiable between the components and the loss of revenue rentier in distributional-consumer system,

Millionday: NOTE — ONCE AGAIN — ALL REFORMS ARE REQUIRED FOR THE TRANSITION TO BE A SUCCESS – THE TRANSFER OF POWERS TO THE PROVINCES WILL HELP WITH DIVERSIFICATION IN THE MARKET DUE TO SOME AREAS HAVE DIFFERENT INDUSTRY ETC AS IN ALL COUNTRIES

Millionday: NOTE — RELYING ON JUST OIL HAS STUNTED THE GROWTH AMONG OTHER THINGS — THE LIST IS LONG

Millionday: The political democracy to Ati system economical alternative to replace chaos liberal consumer quo and maximizing the bond state-productivity market, and that the objective necessity in such a condition Transformation requires Mayati:

First, conduct an ideological shift in the political reconstruction of Iraq from the (state-components) to (state-citizenship), a stronger concept of the nation-state of Iraq Nevsha.vmoatnh are merits in the configuration political affiliation for the future of democratic development in Iraq

Millionday: NOTE — REQUIRES THE POLITICAL REFORM TO BE COMPLETLY ACTIVATED

Millionday: MUSIC TO OUR EARS >>>>> Second , although the economic model of the new Almarquintala (Commercial) reflects the strong state capitalism represented, but he has the strength of the partnership between the state and the market or create a cooperative state, especially in a country like Iraq where the state dominates the country’s natural resources major,

currents new Almarquintalah, unlike doctrine Liberal consumer, confirms priority productive side in the economic process. Sound economy in their view, it requires the presence of a production structure intact based on high operating structure of the labor force and wages Kavih.

valtjarh according to doctrine Almarquintala is not Imports ready flow of globalized markets, but that the production of partnership flows into the globalized markets, the national product of Iraq, as it flows into the local market produce it

Millionday: NOTE — THE ECONOMIC MODEL FOR THE NEW IRAQ REQUIRES — A WORKING CLASS — PRODUCTIVITY AND INDUSTRIES — MADE IN IRAQ –

WE HAVE SEEN MANY MANY MANY TRADE AGREEMENTS THAT WILL OF COURSE ASSIST IN THAT EXPANSION WITH A GLOBAL MARKET

Millionday: HOLD ON TO YOUR HAT FOR THE NEXT SMALL PART OF THIS

Millionday: And economic experiments that its line of Japanese economic model Awalchora and even the Chinese have developed on the basis of modern Marquintalah State led the role of the participant and Lieutenant production .oppema embodied the industrial experience Asian state’s role new Almarquintalah which capitalism’s greatest production and the broader booming.

4 – conclusions that the Iraqi economy in the conditions of the rentier current and Sir reformist program, which was announced in August 2015 by the Iraqi government, is directed in line with the new economic role for the state, will facilitate the partnership and the integration of the state with the private productive activity .az that there are explicit and clear in

Millionday: NOTE — THE REFORM ANNOUNCED AND COMPLETED WILL BRING PARTNERSHIP WITH THE STATE AND THE PRIVATE SECTOR

Millionday: NOTE — HERE IS WHERE IT IS VERY OBVIOUS AND WHOOOPOW SO GLAD THAT IT IS FOUND IN THESE PLACES >>>>>>>>>>>>>>>

Millionday: READ EVRY WORD >>>>>>>>>>>clear in Article 15 of the draft federal budget law for 2016 as well as Article 16 of the same law of 2015 affirm the principle of the investment partnership between the public sector and the private sector, and according to the ideology of Aominahjah economic transcend curriculum liberal consumer prevailing which contributes to the political and economic geography of Iraq,

the dismantling of a specimen rent liberal and consequences of severe Alrahenh.oha return with renewed the concept of economic Almarquintalah (including in this case the concept of financial Almarquintalah actress lending market from the proceeds of oil revenues for the purposes of maximizing the role of productive private sector and diversification of the economy)

Millionday: THE NEW ECONOMIC REFORM IS IN THE 2015 AND THE 2016 BUDGET — DIVERSITY AND ALSO THE LOANS — BONDS AND OIL REVENUES

Millionday: NOTE — ALL REFORM IS TO MAKE THEIR PRIVATE SECTOR MORE PRODUCTIVE AND SUCCESSFUL IN THE >>>>>>>>>>>>GLOBAL MARKET <<<<<
Millionday: and to promote the ideology of the creative activities of the market-Style Product of companies contributing to the mixed Aoualemsahmh (which operate on according to the principles of good administrative governance) and the creation of transition to a market system Social unified alternative to the system of rent-liberal (consumer) current.

Tex1: Oops swallowed ma chewin tabaccy…

Millionday: NOTE — ALL OF THE MOVES THIS INGENIOUS PLAN HAS PRODUCED IS TO TRANSITION TO THE GLOBAL MARKET AND ENTER THE GLOBE AS A DEMOCRATIC EXAMPLE FOR THE REGION THEY WILL BE DOING MUCH OF THEIR BUSINESS IN — HUGE

Millionday : TEX ALMOST IS GOOD IN THAT CASE LOL

Millionday : SO THAT IS ALL WE ARE GOING TO LOOK AT ( AND ITS ENOUGH LOL) OF THIS AGREEMENT — SO KNOW THIS IS PRINTED TO BE IN THE MEDIA IN THE MORNING FOR ALL IRAQIS

Millionday: HAD TO SHOW YOU HOW MUCH IRAQ HAS COMPLETED ACCORDING TO FACTS

Risk: Is all the news you bring news that will hit the public media in 24 hours?

DiagyAAAE: so is this good?

Millionday: AS MUCH AS POSSIBLE SO WE HAVE AS UP TO DATE AS POSSIBLE

Millionday: RAN RIGHT BY GOOD AND RIGHT TOWARD HUGE WHOOPOWS DIAGY

katkat: Well, there was a lot of news. I couldn’t read it but thanks to your interpretation it helped make some sense. Democracy was used often…. and it looks like they are realizing that they need the growth in private sector beyond oil as their one commodity…

the words do not make sense often…lost in translation….Sounds like Saleh is all for completion and growth.. it almost sounds like they are evaluating their mistakes and two decades of no progress????

Millionday: YES THEY DO NEED DIVERSITY IN THE MARKET AND NOT ONLY FOR ITS ECONOMIC HEALTH BUT — WHEN THEY BEGAN WORKSHOPS WITH THE WTO TO TRY TO GAIN ACTIVE MEMBERSHIP ==

IT WAS RELEASED IN THE REPORTS AS A REQUIREMENT TO GAIN ACTIVE AS OPPOSED TO OBSERVER STATUS IN THE WTO WHICH IS A HUGE GOLA OF THEIRS DUE TO THE MANY BENEFITS OBVIOUSLY

Katkat: sharing power from badgdad to provinces….is that needed in your opionion to gain value of currency

Millionday: HE IS EXPLAINING HOW THE MOVES THEY HAVE MADE WITH REFORM DEVELOPMENT HAVE BEEN BASED ON BRINGING THEM FROM THE POSITION THEY WERE IN FOR THE LAST TWO DECADES — HE IS COMPARING BECAUSE THIS IS THE REFORMS THAT ABADI HAS MADE CLEAR WILL BE ACTIVE AS PROMISED

Millionday: THAT IS NEEDED IMO TO MAKE THE MOST OF ALL THEY HAVE OFFERED TO THEM IN THEIR COUNTRY AS FAR AS RESOURCES AND ALSO THEY HAVE MANY DIFFERENT CULTURES AND RELIGIONS

AND ALSO TRIBES ETC THAT WOULD BE MORE SUCCESSFUL IF THEY ARE LEAD BY WHO THEY VOTE IN AND WHAT THEY ARE USED TO IN THAT AREA OF IRAQ

Millionday: LET ME SAY THIS

Millionday: IF WE HAD TO GO TO WASHINGTON OR CONTACT THEM FOR EVERYTHING WE NEEDED TO COMPLETE STATE OR FEDERAL COMPLIANCE ISSUES — IT WOULD BE REDICULAS AND WE WOULD FEEL IGNORED AND LESS OF A PEOPLES IN SOME AREAS –

PEOPLE NEED TO BE ABLE TO HAVE ACCESS TO DEPARTMENTS THAT CAN GIVE ANSWERS AND CAN HELP THEM IN THE AREA THEY LIVE — ANYTHING ELSE IS SILLY IMO

Millionday: THAT LAST REPORT WAS Social and market reforms AND HOW ALL REFORMS IMPACT THE OTHER AND OF COURSE THE HUGE PREPERATION THAT HAS TAKEN PLACE FOR THEM AND SALEH DISCUSSING THE CHANGES AND BENEFITS OF THOSE REFORMS

Millionday: I FOUND THE REPORT I WAS LOOKING FOR   BRB WITH IT — THIS IS A WHOOOPOW
Millionday: THIS IS MAJOR NEWS  Millionday: HUGE  Millionday: HAT WORTHY  Millionday: LOL
Millionday: LOOK FOR THE WORD LAUNCHED

Millionday: Governor of the Central Bank of Iraq, on the Keywords, the “other” of non-professionals, has launched remarks on monetary policy and the work of the Central Bank of Iraq, noting that the majority of these statements marked “fallacies and pessimism and confusion, either because of the absence of an accurate understanding or intent It is the objective that stems from different motives linked to the political reality, and harassment and interests.

Millionday: NOTE — SOUNDS LIKE AN ATTACK OF THE COMPLETED MONETARY POLICY — THIS IS GOV OF CBI TALKING

Millionday: INDEPENDENT MEDIA SOURCE

_firefly_ : BINGO !!!

Millionday: NOTE — DURING THIS ARGUMENT IN INK — WE GAIN A LITTLE INFO  Millionday: BINGO

Millionday: Keywords and he said that the central bank’s policy-established is the distance away from the controversies and reactions to the statements, but he also noting that the size of the inaccuracies and confusion reached an “detrimental to public stability and the stability of the market

and damaging the reputation of Iraq externally and the consequent serious implications for Iraq transactions of financial and Monetary and Banking “, which claim to clarify some things.

Millionday: NOTE — THE POLICY THAT IS ESTABLISHED IS NOT THE BAD POLICY THEY STATE IT IS — WHOOPOW

_firefly_ : Ewwwwww ………. damaging the reputation of Iraq externally and the consequent serious implications for Iraq transactions of financial and Monetary and Banking “,

Millionday: NOTE — THEY ARE SO VERY WRONG IN THEIR STATEMENTS THAT HE IS TELLING THEM THAT LACK OF CONFIDENCE IMPACTS THE MARKET ETC AND THE INFORMATION/ STATEMENTS ARE NOT TRUE

_firefly_: K getting back off the floor

Millionday: NOTE — IF THE REPUTATION IS IMPORTANT EXTERNALLY RIGHT NOW THAT IT NEEDS A FORMAL STATEMENT FROM GOVERNOR OF CBI — IT IS AT A POINT THAT IMPACTING IT HAS A RESULT — IMO MEANING IT IS THAT CLOSE IMO   Millionday: LOL

Millionday: NOTE — THEY HAVE A COMMITTEE FORMED AND WORKING THAT’S PURPOSE IS TO WATCH POLICY ETC TO MAKE SURE NO PROBLEMS ARISE

Millionday: YES — THIS WAS WAITED ON —

Millionday: He said that “the Central Bank is working on the application of parallel policy to maintain the overall stability of prices and curb inflation as a mission president of the basis of the target under the law of this bank, and at the same time working to maintain reserves prevailing dinar and high coverage in spite of the prevailing and known to everybody economic conditions, He thus kept whole and preserves the purchasing power of the Iraqi dinar. ”

Millionday: NOTE — HE IS SAYING THAT THE RESERVES ARE NOT ALL UNDER ONE ROOF — AND THE OTHER POLICY IS TO MAINTAIN THE DINAR VALUE AND THE ECONOMY WHEN ALL DINARS ARE BACK IN IRAQ AND RESERVES IN THEIR TOTAL

Millionday: THE PURCHASING POWER ALWAYS MAKES ME SMILE WHEN I READ IT

Millionday: READ EVERY WORD >>>>>>>”The waste of concerns about the value of the dinar and international reserves refer to” that with the decline of dollar resources, due to lower oil prices, the reserves are still enough level, but much higher and according to international criteria, namely: the standard of the local currency to cover its equivalent in foreign currency, and the ability of the reserve to cover imports for a period of 6 months.

“”The International Monetary Fund forecast at the beginning of 2015 and the arrival of the reserve to $ 40 billion at the end of the year, we have explained at the time that the reserve will be up to $ 60 billion at the end of that year and months after the beginning of the year Justice Fund I expected.”

Millionday: NOTE — THE AMOUNT OF RESERVES ARE MORE THAN INTERNATIONAL COPMPLIANCE REQUIRES — THEY MUST COVER IMPORTS FOR 6 MONTHS SO AS NOT TO DISRUPT THE TRADE AND MARKET

Millionday : NOTE — THEY HAVE 150% OF WHAT IS REQUIRED TO COVER THE PURCHASING POWER TO BE APPLIED TO THE DINAR IN THIS POLICY

Text: Yes yes yes yes sounds goooog and sooooooon lol

Millionday: NOTE — CBI WAS REQUIRED IF I REMEMBER THE REPORT CORRECTLY SMILE — TO SHOW THEY CAN KEEP THE EXCHANGE RATE STABLE FOR 9 MONTHS

Millionday: As between the difference between our purchases of the dollar (from the Ministry of Finance) and sales of the dollar for the period from 01/01/2015 up to 09/30/2015, it amounted to about $ 600 million a month, and the central bank to cover this difference to balance the balance of payments and to maintain the exchange rate and thus the general price level, and it is clear that even with the continued decline in oil prices and hence lower revenues from the dollar, the reserve can hold enough coverage and adequate presence of about $ 60 billion of reserves.

Millionday: NOTE – THEY WERE SUCCESSFUL AND ACTUALLY DID BETTER THAN REQUIRED

Millionday: He stressed that what is happening from the low and high in reserves is frequent occurrence in countries that rely on exports of oil, has happened in the year of 2009, when oil prices fell, then stood at the bank sales rate of the dollar to its purchases of dollar 148% and then returned to accumulate new reserves after prices returned to their rates higher.

He explained that of the common mistakes connect low or high reserve of the Central Bank, as this reserve is governed by the nature of the composition and the nature of the use of outside control or the central bank control and is represented in the set of the dollar is doomed to exports of crude oil: the quantity and price, and other sources virtually non-existent ( remittances from abroad, whether from living abroad or foreign investment, or non-oil exports).

Millionday: NOTE — THIS MEANS THAT IRAQIS ELSEWHERE ARE MAKING THEM WORK HARD WITH THE RATE IN PLACE NOW WHEN EXCHANGED ABROAD FOR US DOLLAR WHILE TRAVELING ETC —

Millionday: DONT MISS A WORD >>>>>>>>>>>>>>>>>>>”The state budget expenses represent the main source of aggregate demand for goods and services, which are mostly imported, due to the absence of local production base.”

The “migration of funds from Iraq is a clear phenomenon because of the situation of the country.”He also noted the continuing shortfall in the state budget and covered loans, bonds, drafts and “this means an increase in money supply which is not offset by revenue dollarised,

this creates additional demand for goods and services imported more than it received by the Central Bank of the dollar, which exchanged usually the Ministry of Finance in Iraqi dinars through Bank “.

Millionday: NOTE — MOVING TO A MARKET ECONOMY WILL TAKE CARE OF THIS PROBLEM BECAUSE A FREE MARKET ECONOMY IS DEFINED AS — SUPPLY AND DEMAND — AMD ITS ACTUAL NOT SITUATIONAL

Millionday: Keywords and concluded that “the factors governing the formation of the reserve control is outside the central bank’s control, and that the reserves under what passed consists of the difference between the dollar sales through the bank window and purchases of Bank of the dollar from the Ministry of Finance if sales were less than received by the Reserve rises and if sales Reserve fall further.

“And raise the question on the possibility of central bank control the amount of sales through the restrictions put on the sale and conversion processes, Keywords said that restrict the sale of dollar operations and lead to the results of several phenomena are:

Millionday: NOTE — LOSS OF DEMAND AND SUPPLY BY CBI CAN BE MINIMIZED BY SETTING NEW REGULATIONS FOR >>>>>CONVERSION!!!!!!! AND SALE PROCESSES

Millionday: WHOOPOW

Millionday: HERE COMES THE LIST OF WHAT THEY CAN DO TO CHANGE THIS TO A BETTER SYSTEM OF CONTROL AND BANK TOOL EFFECT

Millionday: First, contrary to the guidelines of the International Monetary Fund approved and committed to by the Member States (including Iraq)

Second: the restriction intersects with the Central Bank Law, which stipulates in Article 28 thereof on (buying or selling simple unconditional “cash or deferred” of foreign exchange).

Third: the creation of a large deviation between the official rate and the market price of obscene and achieve gains for speculators, brokers, and lead to a general rise in prices and harm the purchasing power of the Iraqi dinar.

Millionday: NOTE — LOOK AT NUMBER 3

dovi: gain for speculators

_firefly_: obscene gain

Millionday: CREATE A LARGE CHANGE IN THE PROGRAM RATE AND THE MARKET RATE BY REMOVING THE DEVIATION AND ACHIEVE THE GAIN FOR SPECULATORS – BROKERS– CHANGE THE PRICES AND HIT THE PURCHASING POWER (TACKLE)

Millionday: NOTE — THIS MEANS BRING ON THE RATE

Millionday: Fourth: the practice of cheating, forgery and fraud and corruption in order to get the amounts of the dollar.

He said that from the point of view of the central bank “if they want to maintain the reserve required by, processors structural and structural macroeconomic and financial policies (revenues, expenses, taxes …), including: Stimulate national production and diversify the local production base to reduce the demand for imports and thus on the dollar. The central bank initiative to allocate loans of $ 6 trillion dinars initiative pour into this trend.

Millionday: NOTE — TACKLE CORRUPTION ALWAYS AND APPLY THE DOLLAR PRICE THROUGH ACTUAL MACRO-ECONOMICS — MEANING HOW IT IS SUPPOSED TO BE DONE –

BY PRODUCTION “MADE IN IRAQ” AND THIS WILL GAIN FOR THE DINAR THROUGH GLOBAL PRICING INDEX USED IN GLOBAL ECONOMICS

Millionday: NOTE — SORRY CBI ALAK TALKS TOO MUCH BUT HERE COMES THE REST

Millionday: Reducing the budget deficit to less extent possible, to prevent the cash that is not offset by the dollar resources for expansion, thus increasing the demand for goods and services that are mostly imported. Providing political, economic and security stability to limit the flow of funds from abroad, and to increase investment and savings within Iraq factors.

Application broken laws to protect domestic product (tariff law, Consumer Protection Law, Product Protection Act, the anti-dumping law). Balastairadat perform relevant roles of state institutions, in the granting of licenses in the supervision and control and obtaining fees and charges and the provision of national databases.

Millionday: NOTE — FIX THE OFFSET IN FIGURES IN THE BUDGET AND SHOW STABILITY AS THEY ALSO APPLY ALL TRADE LAWS AND POLICIES —-

Millionday: SMILE

Millionday: NOTE — ALSO OPEN INVESTMENT THROUGH THE GOV PROGRAM AND DATA BASE — REMEMBER ONE-STOP-SHOP

Millionday: He stressed, “The role of the Central Bank in accordance with the law and the law against money-laundering is forcing banks and financial institutions to apply the principle of” know your customer “to verify the sources of funds that enter the process of buying the dollar, and in this regard, the bank has taken a number of actions and important steps (preventive and deterrent), indicating It will be published on the central bank’s website, where there is no room here to explain the details. ”

Millionday: NOTE — THE MONEY LAUNDERING LAW IS DONE AND THEY ALSO HAVE APPLIED — KNOW YOUR CUSTOMER — FOR BANKING PROMOTION

Millionday: WHOOPOW THIS IS GREAT

Millionday: As shown some statements about the invitation of the Central Bank to the expertise and advice of specialized international institutions, Keywords pointed out that the Bank founding member of the International Monetary Fund and the World Bank, as well as Arab, regional and international financial organizations, and the World Bank in communication and consultation and understanding with those organizations, but that the rules his work in the joints of the base currency is the governing principles and rules, conventions and recommendations issued by those organizations.

Millionday: NOTE — THE EXPERTS THAT DESIGNED CBI LAWS ETC ARE FROM IMF., WB, AND OTHER SPECIALIZED EXPERTS IN ITS DESIGN

Millionday: NOTE — I CANT STOP BECAUSE IT IS TOO GOOD

Millionday: He noted, “The foreign currency sale in the central bank window, and management of international reserves are governed by the guidelines of the International Monetary Fund, and applied by the Member States agreed upon, including Iraq, and so in the rest of respects exercised by the Bank in accordance with the best international standards and practices.”

Millionday: NOTE — THE IMF MOSTLY GOVERNS THEIR RESERVES THROUGH THE GUIDLINES THEY HAVE AND IRAQ IS INTERNATIONALLY COMPLIANT AS WELL

Millionday: NOTE — HERE IS ALSO HOW THEY PREPARED THIS NEW MONETARY POLICY AND THE BANKING REFORM FOR THE MARKET >>>>>He also noted that the central bank has “advisory contracts with the best Arab and international consultancy firms and institutions of international auditing and review,

the bank continues to expand counseling channels, in addition to the support received by the Bank from international organizations and Arab and Islamic central banks and take advantage of its services free by virtue of Iraq’s membership in or by virtue of the bilateral relations and memorandums of understanding. ”

Millionday: NOTE — ALSO THE ISLAMIC BANKING EXPERTS

Millionday: He explained, “The systems and electronic programs have become a framework and a way for the organization of work and practices, and through them can attract the best practices reached by the developed world, the central bank developed and developing information technology with the help of global companies with the latest software and techniques, and can be found on the infrastructure it currently in this bank, and say proudly as the best among all state institutions.

“He said that “from the models of those systems, the payments system and the clearing and settlement, which is currently applied by the bank and is one of the most systems developed in the region and the world, and which also today provides the basis for the application and development of electronic payment systems in all its forms through the National divider, which entered into Currently work, and the bank in the process of starting a comprehensive banking system Core Banking System, the largest program in the world

Millionday: NOTE — MANY GLOBAL COMPANIES AND EXPERTS HELPED DEVELOP AND ADVANCE THE CBI SYSTEM— THEY NOW HAVE CORE BANKING SYSTEM (THE MOST ADVANCED IN THE WORLD

Millionday: NOTE — TWO MORE SECTIONS ONLY

_firefly_: So if Iraq is Internationally compliant…..that would mean……. their LAWS ARE NOW INTERNATIONALLY COMPLIANT

Millionday: And “The Human Resources in the Central Bank – unlike other state institutions – representing the stable resources of this institution did not leave despite what Iraq has passed through the conditions, and therefore resources has accumulated experience and tender, and enjoy these resources special support from organizations and banks, international and regional financial institutions and Arab, and perhaps the number of workshops and training courses being considered by the Bank staff are the highest among the state institutions.

“He said, “we have strengthened cadre Bank has appointed top universities and graduates of Graduate Studies, as well as the appointment of graduates from outside Iraq (educational initiative) the terms of reference regarding the work of the bank, as well as the Centre for Banking Studies (one of the formations of this bank) of courses and training programs throughout the year.

Millionday: FIREFLY – EXACTLY MY FRIEND –
Millionday: ALL TRAINING IS DONE AND WAS DONE BY THE BEST IN THE WORLD

_firefly_: I’ve been trying to tell this room something for weeks now lol

Millionday: WHOOPOW

Millionday: He announced Keywords for the central bank to launch soon its strategy for the years 2016 – 2020, stressing that it “is built on the latest global developments in the banking and financial sector, the latest trends and tasks arising from developments in financial and monetary crisis, which was born and developed from the functions and roles of central banks, the first strategy in the history of Central Bank of the method of construction and in the content and direction, and on the basis of overall quality and standards in the setting, with the introduction of a special form shall follow-up and evaluation.

“He expressed the Governor of the Central Bank for a total Alastaadadal “to inform the interested ordered the bank, and documentaries on the ground, on the policies, procedures and plans.”

Millionday: SO LISTEN TO THIS

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL
Millionday: THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Doodle Brain: WHOOPOW, WHOOPOW, WHOOPOW, WHOOPOW, WHOOPOW!

Millionday: GOVERNOR OF CBI HAS ORDERED TO MOVE FORWARD WITH THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

_firefly_: Not the ACTING Governor but THE Governor of the CBI

Millionday: GOVERNOR OF CBI HAS ORDERED TO MOVE FORWARD WITH THE GOVENOR OF CBI HAS ORDERED >>>>>ALL POLICIES — PLANS — PROCEDURES — NEW DOCUMENTS >>>>>>>>ALL TO BE DONE IN ITS TOTAL

Millionday: EXACTLY FIREFLY — THE ACTUAL FULL OF POWER GOVERNOR OF CBI HAS ORDERED ALL MONITARY POLICIES — REFORMS CHANGES — DOCUMENTS — PLANS THEY HAVE WORKED ON FOR THE NEW IRAQ AND PROCEDURES TO ALL BE ACTIVATED

_firefly_ Millionday: And this IS what we have been waiting for !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Millionday: YES THIS IS WHAT WE HAVE BEEN WAITING FOR
_firefly_ Millionday: well me anyways

Millionday: ME TOO MY FRIEND

Millionday: THE WHOLE NEWSTIME STATED THE SAME THING IMO — THEY ARE MOVING FORWARD AND FORMAL ORDER HAS ACTUALLY BEEN GIVEN BY CBI GOVERNOR

katkat: WHO IS THE CBI GOV?

Millionday: ALAK

THE OBSERVER – http://dinarupdates.com/observer/

THE BLOG – Dinar Daily NEWS Blog – http://www.dinarupdates.com/blog/

Read More: http://www.dinarupdates.com/showthread.php?25205-Millionday-newstime-11-21-15

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