Morning News Comments 04/19/2015 Part 1
Iraqi talks with the US Treasury Department
Sunday April 19, 2015
[tlm724] at the headquarters of the International Monetary Fund, Finance Minister Hoshyar Zebari, and the Governor of the Central Bank of the financial and economic situation in the country with a delegation from the US Treasury Department
[tlm724] headed by Ramin Toloui Treasury's assistant secretary for international financial policy and Mr. William Warren McDonald agent Assistant Minister for Policy Technical Assistance and a number of senior experts and the US Treasury Department officials
[tlm724] big guns !
[tlm724] welcomed the support of the United States to the needs of Iraq from international financial institutions
[tlm724] uh huh international
[tlm724] their willingness to provide technical assistance to the Iraqi Ministry of Finance and financial institutions
[tlm724] US Treasury is going to step up to the plate and assist Iraq with the banks etc... I like it Wink
Investment funds in the minors Auctions remittances Central Bank
[tlm724] preparing care of minors Department to the Justice Department to enter into Auctions remittances Central Bank of Iraq in order to invest the money of minors and development Mbalghm.
[tlm724] that the department and seeking to invest the funds of minors and development
[tlm724] , is preparing to enter the couriers CBI within auctions during the month of April the current after the completion of some of the red tape so.
[tlm724] as the entry will be part of auctions to ensure you get the greatest possible benefit to the funds of minors who take into account the money
[tlm724] will invest the money of minors on the other hand through the entry in the fixed deposits that interest them four percent value
[tlm724] district has prepared plans that will contribute to the investment funds of minors through the purchase of various real estate and renting is then added the amounts withdrawn to their shares in the department accounts
[tlm724] this is like an investment portfolio to generate a return for the minors for their future use
Iraqi economy identity?
[tlm724] due to lack of clarity of the image due to the overlapping applications of totalitarian regimes and capital-backed ancient and modern laws in force, so it is difficult for everyone to determine the required treatment for problematic facing the economy.
[tlm724] which was approved by the Government of Abadi acknowledged the inevitability that prevails approach the market economy that the economic part He then any decision was consistent with the approved by the Iraqi constitution, but the application did not indicate this approach remained the image blurry
[tlm724] blurry no doubt
[cat] some can"t believe whats going on
[tlm724] but maybe all these consultations with the US treasury, World Bank etc will help set them straight on the stratgey to implement the free market economy
[cat] but its for the good of Iraq
[tlm724] yes many are confused, they are so used to the old ways
[tlm724] due to the overlapping applications of totalitarian regimes and capital-backed ancient and modern laws in force,
[tlm724] they will get it with a lil help from their friends
[tlm724] there are so many committee meetings going on right now to address the laws that I have lost track
[tlm724] I think all these recent consultations are going to make a big difference in legislation. Like breathing new life back into the reform progarm !
Hafiz calls to unify visions on oil deals
[tlm724] economist hinted at the possibility that the government program will be the start of the Iraqi economy Mathml every sense of the word
[tlm724] is suffering financial difficulties can be compensated or mitigated by investment and private foreign investment,
[tlm724] noting the importance of legislation modern law takes into account the Iraqi economic reality and regional and international developments.
[tlm724] we knew that Wink
[tlm724] He stressed the importance of the banking sector reform and make it a sector is active as well as the need to restructure state banks and give private banks a distinct and leading role in the process of economic reform.
Comments may be made at the end of Part 2 Thank You