BLC Admin Tlm724 News & Comments Part 2
After failing to protect Iraq from terrorism .. Maliki's military coup led by Foundation Abadi
[tlm724] Took the commanding general of the armed forces in Iraq, Prime Minister, Haider al-Abadi, the unprecedented decision to purge the Ministry of Defense of the supporters of his predecessor, Nouri al-Maliki, and represents the decision to dismiss 26 commander militarily from office,
[tlm724] Abadi is taking out Maliki's trash !
[cat] amen get rid of them
[Shredd] good job Abadi!!!!!!!!!!!
[rsp1] Good for Abadi
Tunisian newspaper: the escape of 200 armed Daasha after the news of al-Baghdadi injury
[tlm724] "the news of al-Baghdadi injury greatly affected the morale of the militants Daash in Mosul
[tlm724] good stuff !
[tlm724] they will put up their bravado but it will be false, this has rocked them to the core !
Deputy calls for activating the customs tariff on goods with their counterparts in Iraq
[tlm724] we know the labs still exist and they have talked recently about rehabbing them and quick
[tlm724] the big investors over the years have put their money outside of Iraq
[tlm724] but that is about to change !
[tlm724] left workers in the textile factories in demonstrations them in Baghdad, Wasit, Diwaniyah and Babylon, the first on Tuesday, to demand their salaries have been stalled for months, also demanded to run their factories or transferred to other ministries to take advantage of their expertise
[tlm724] "activating the law of customs tariff and the reduction of import of goods that have seen in Iraq will encourage the production of these plants and this contributes to the increase and wanted them to make ends meet.
[tlm724] (11 May 2013), "The Iraqi government moving to apply the law of customs tariff gradually according to a specific timetable,"
[rsp1] I wonder where we're at on that timetable
[tlm724] they have to some extent, we saw them impose tariffs on luxury items
[rsp1] Those taxes should help boost their economy - quickly
[tlm724] but now the time is right as stated " Deputy calls for activating the customs tariff "
[tlm724] and with that comes a tremendous amount of revenue
[tlm724] it will effect the citizens BUT with increased purchasing power it can be offset
[rsp1] I like this domino effect
[tlm724] it will create steady jobs, factories up and running, local product being produced, its a win win
[tlm724] exports will go up aside from oil
[tlm724] win win baby !
[tlm724] they are signing MOU's for trade and investment almost daily now
[tlm724] where he stressed the importance of benefiting from the experiences of Ukraine in the privatization of the sector industrial
[tlm724] benefiting from the experiences
[tlm724] Iraq has their big boy pants on now, accepting that they need assistance in doing ALL things right now!
The private sector is an important tool in attracting investment
[tlm724] pursuant to the provisions of the Constitution and achieve the goals of the government program in the quest to revitalize the private sector and the transition towards a market economy,
[tlm724] the new phase to give the Iraqi businessmen and companies marketing boards require a bigger role in attracting foreign and domestic investment.
[tlm724] new phase baby !
[tlm724] the importance of relying on the chock companies (holding companies, record companies, and consultancy offices) which is one of the most important pillars of investment,
[tlm724] clear economic philosophy believes in the importance of the role of the private sector in the development and availability of the process of the opportunity in front of him for the lead role in the economic life
[tlm724] thats the plan ! private sector is going to make the market economy
[tlm724] elements of investment attraction, which is to re-formulate some of the paragraphs Investment Law No. (13) for the year 2006
[tlm724] and the liberation of the central grip of the public sector, as well as the need to a package of laws and regulations associated with the investment law
[tlm724] the liberation of the central grip of the public sector
[tlm724] no longer a centralized government
[tlm724] they are going to let the private sector loose and the Investment Law will do just that !
[tlm724] The counting of the financial system and fiscal policy correction and make it with the flexibility to serve the performance of investment bodies, as well as modifying the tax system and make it consistent and stable,
[tlm724] make things flexible for ease of transition
and create a stable tax system
[tlm724] unprecedented advertising campaigns and a wide and attractive, and so by issuing lists of investment opportunities and the creation of collateral used in cooperation with investors, as the determining ground and areas allocated for investment must be done according to the data and an integrated database,
[tlm724] get the word out, make the land avaivable to them all !
[tlm724] and do a one stop shop, single window, for all regulations, permits etc.. make it easy for the investors
[tlm724] they are on the right track here, Abadi has some very smart people in his corner !
Establishment of an institution to ensure the loan provides liquidity for funding
[tlm724] The banking, both public and private sector is required of it, but the purpose of implementing the contents of the government program and awarding me, great efforts to strengthen the financial capacity to make the investment to the fullest
[tlm724] in order to support the programs and plans development.
[tlm724] that right to support Abadi's plan and what a plan it is ! Finally after all these years there is a plan, we are so getting there !
[tlm724] the implementation of the contents of the government program,
[tlm724] the role that the need requires re depositors' confidence in the ability of the banks to keep their money, development and investment in building the country
[tlm724] Central support and stressed the need to attract deposits by the private banking sector
[tlm724] this requires support of the Central Bank to work on the promotion of these actors in this direction.
[tlm724] pointing to the importance of these deposits and directed towards the effective and serious contribution to assign the program through directed towards expanding the credit base aimed at supporting the implementation of strategic projects
[tlm724] that the importance of these deposits will be reflected in the achievement of goals key sectors firstly enable banks to buy treasury transfers and so as to provide liquidity for the government to walk and conduct its business as well as banks take advantage of the benefits that you get as a result of this activity.
[tlm724] firstly enable banks to buy treasury transfers and so as to provide liquidity
[tlm724] get the private banks up to par. Let them conduct business and contribute to the economic wheel
[tlm724] that such liquidity will help the banking sector to enter Made in him to provide aggregate loans and that is possible to contribute to this activity Arab and foreign banks to provide syndicated loans
[tlm724] expressed optimism that the next phase is witnessing an economic breakthrough supported measures and legislation supportive of the private sector and said that this is what we saw from the contents of the government program, which often rely upon this breakthrough.
[tlm724] indeed I am optimist as well ! The banking laws will conform to this new phase in Iraq and I think we will see them soon, this will give great confidence and trust in the banks making people unafraid to deposit their money, give them protection of their funds, give power to the private banks, lets rock this out !
ADD ON 2014-11-13 12:29:38
Iraqi finance minister says deal reached to ease tensions over Kurdish oil
BAGHDAD Thu Nov 13, 2014 12:04pm EST
(Reuters) - The government of Iraq and the semi-autonomous region of Kurdistan have reached a deal to ease tensions over Kurdish oil exports and payments for civil servants from Baghdad, Iraq's finance minister told Reuters on Thursday.
Hoshiyar Zebari said the central government has agreed to resume payments from the federal budget for Kurdish civil servants' salaries.
Iraqi Kurdistan will in turn transfer revenues for some 150,000 barrels per day of oil exports - equal to around half its overall oil exports - to the federal budget.