The private sector is able to export 207 items
[tlm724] they are ramping up the exports
[tlm724] the most important conditions is supplying the amount of material exported in advance by opening the letter of credit in favor of the source at a bank and a letter of guarantee worth Article exporting and bank transfer incoming favor of the source from abroad.
[tlm724] by providing letters of guarantee's and credit this meets the requirements of fair trade as well as satisfies some of the regulations put in place by the WTO
Central action keeps the money of depositors and shareholders
[tlm724] departing from the mechanisms adopted by the Central Bank of Iraq to address the problems experienced Financial sector previously, They confirmed the existence of steps adopted by the Central cemented its program of work
[tlm724] Turki has moved forward with monetary reform and put in new mechanisms to advance it
[tlm724] the most prominent steps adopted by the Central break the monopoly of remittances to buy the dollar
[tlm724] he opened it up for all banks and traders, remember ? the auctions
[tlm724] that has helped the flow of currency which in turn helps control inflation
[tlm724] after the significant improvement in the exchange rate of the Iraqi dinar
[tlm724] this is referring to the change from around 3000 per to its current price of 1166
[tlm724] as well as to identify the phenomenon of dollarization
[tlm724] we want to see them de-dollarize now. Use their currency exclusively and be proud of it !
[tlm724] so the private banks NEED to be including going forward in order for the modified policy to work
[tlm724] proposed policies
[tlm724] and processors are required for banking reform for the next phase outlining a new strategy for the banking sector for the next five years.
[tlm724] so as Turki continues with his policy changes, which we see a lot recently, it will include the banking sector as a whole instead of just the state banks.
[tlm724] it will include a strong and worthy dinar imo and I believe we will see that once the security and stabilization is returned to Iraq
[tlm724] we all know that it must be so !
Abadi calls on armed groups to fight «Daash»
[tlm724] called to move the crowd People in coordination with the security forces,
[tlm724] "and welcomed at the same time" collaboration between the Peshmerga forces and the army,
[tlm724] "stressing his commitment to resolving the outstanding issues between the federal government and the Kurdistan Regional Government in accordance with the Constitution
[tlm724] lets do this thing !
Finish setting up of ministerial portfolios to be delivered to the new government
[tlm724] all of the preparation of ministerial portfolios to be handed over to the Prime Minister *hallelujah*
[tlm724] that in the framework of the democratic transition and the peaceful transfer of power between the Prime Minister and Cabinet
[tlm724] portfolios are placed on the table the new prime minister
[tlm724] wow they presented everything needed for the formation of the new GOI !
[RCS1947] thats the handbook for new people
[tlm724] RCS1947 yes !
Parliament to raise its second of September
[tlm724] Parliament to raise its second of September, don't think for one minute that they won't be working before then Wink they have a cabinet to seat and a country to save
Change: waiting for reply to our paper and discussing with partners guarantees reform
[tlm724] "what we want in the next period of government is to participate in the decision-making administrative and political, security and economic, as well as legislation, laws of the Federal Court and the Federation Council and some of the laws broken that concern the Iraqi state."
[tlm724] thats what the Kurds want
[tlm724] our paper negotiating included approval of oil and gas law in the current legislative session in order to solve the problems of oil between Erbil and Baghdad
[tlm724] *hallelujah* do it baby !
Investment Authority: recent events have generated significant concerns for us and all our international obligations
[tlm724] while called economic adviser in the prime minister to "increase", tariff customs on the countries supporting "terrorism", he stressed the need to "correct", tracks economic development.
[tlm724] "what happened from the events in Iraq should give us a lesson to correct tracks economic and improve the balance of payments and balance of trade,
Prime Minister of Iraq's first news conference: Arming the peshmerga is not a threat and refuse the policy of "arm-twisting"
[tlm724] "inventory of arms in the hands of the State, and popular mobilization to move in coordination with the security forces," stressing his commitment to resolving the outstanding issues between the KRG and the federal government according to the constitution,