The government program a valuable opportunity
[tlm724] wow awesome start !
[tlm724] Abadi presented his economic plan, it met the approval of parl, it will launch them into a market economy
[tlm724] the doors wide open in front of those who want to build Iraq build a new line with the development witnessed by the world
[tlm724] Iraq possessed of vast fortunes *wolfwhistle*
[tlm724] We have to have the good governance and the will to achieve this goal.
[tlm724] they have the will !!!!!!!!!!!
[tlm724] until the moment where the image was not clear where the economic system
[tlm724] past tense ! They know what they have to achieve now
[tlm724] firmly believe that this phase of any implementation of the new program is a golden opportunity *hallelujah*
[tlm724] avoid past mistakes
[tlm724] seize the opportunity given by the economic program
[tlm724] a strong economy not only helps the country but helps us as well
[tlm724] Prior to this we need already to present and discuss the law of economic reform
[tlm724] the most critical part of transforming into a free market economy is to allow the private sector to take over the lions share of the state run industry
[tlm724] who do you think is employed by the state run industries ?
[tlm724] the state run industries are at least 80 % run by family members of the GOI
[tlm724] IF they eliminate those jobs by letting private companies run them what would happen to all those relatives ? well I'll tell ya
[tlm724] they (the GOI) had to pass the retirement law BEFORE the could go forward with the economic reform law so their families could collect retirement instead of being unemployed, you know dayum well they look after their people
[tlm724] the parl passed the unified retirement law on Feb 3rd of this year !
[tlm724] so now they have it covered and can move forward with the transition
[tlm724] just had to get a GOI willing to do it and they have ! This is perfect example of one law supporting another and this is will bring about what we seek !
[Shredd] Agreed this is a great article. We don't have a timetable but having this program that "included all of the relevant requirements of the transition from a totalitarian to a market economy as a solution represent the challenges faced by our national economy" announced just barely into this brand new government is exciting to see.
This shows us the importance and the priority of this program.
Moving to a market economy includes a currency that is representative of true value and driven by the market.
This is great news for us and again, though we don't have a timeline, we see this is obviously a priority and this new government wants to distinguish itself as new and progressive. There is much optimism with this new government and with all the ally support against terrorism, we can see it's a new day in Iraq!
Paves the global accounting firms to obtain credit rating
[tlm724] Iraq achieved great success, with the help of financial institutions and international companies specialized control and financial auditing and accounting through brought in to those companies, in extinguishing a large proportion of its foreign debt,
[tlm724] , to speed up access to the credit rating of Iraq being a help to the country's progress in the peace International Classification according to international standards after the liberation entirely of its financial obligations International.
[tlm724] Shredd would tell you that the big investors will look to that credit rating and it will bring in more investment than we can comprehend !
[tlm724] adding that the companies have achieved clear success in containing the debt and extinguish, It also had a prominent role in collaboration with the Central Bank and Ministry of Finance in this topic
[tlm724] coordination between the Ministry of Finance The Iraqi Central Bank and the Paris Club countries braved the (18) state all the money linked to the settlement of the debt due to its close relationship with the countries of the club
[tlm724] the best part is this
[tlm724] Iraq achieved great success, with the help of financial institutions and international companies specialized control and financial auditing and accounting through brought in to those companies, in extinguishing a large proportion of its foreign debt, as it is hoped to contribute to these companies and institutions in Iraq to get the credit rating.
[tlm724] in extinguishing a large proportion of its foreign debt
Government program aims to raise the standard of living of citizens
[tlm724] government is seeking through the implementation of its program to achieve the standard of living and a service to the citizen meets the requirements essential to live in dignity *hallelujah*
[tlm724] , as well as the economic vision in the shift towards the principle of private sector in various fields
[tlm724] just what we talked about the private sector will boom, create jobs for the average Iraqi !
[tlm724] new phase coming to Iraq !
[cat] soon too
[tlm724] cat yes !
Density bank does not chime and sustainable development plans
Mana calls to revive the proposal to establish a Bank for Economic Development
BAGHDAD - Hussein al-Tamimi Tgb
demanded an economist granting freedoms for banks operating to contribute effectively to the achievement of economic development, and that there is equitable geographical distribution of banks and branches in all cities to provide services and products to a wider area, particularly financial loans that contribute to the reducing poverty line.
[tlm724] didn't we just see a CBI announcement about them giving 10 % of deposits to the development bank ?
[tlm724] To / Economy Bank for Investment and Finance-Mr. guardian ( reimbursement (10%) of customer deposits ) 10.09.2014
[tlm724] 4 days ago
[tlm724] this bank will provide the catalyst for investment in the country
[tlm724] give out loans and accurances, guaranteed by a system similiar to our FDIC
[tlm724] the CBI sure is getting it together
[cat] seems their ready
[tlm724] cat the CBI hasn't stopped, they have been working all along
Saadi: transparency did the stock market
[tlm724] exceeded foreign investment exceeded 455 million shares *wolfwhistle*
[tlm724] someones interested in Iraq Wink
Saadi stressed that the movement of share trading in the Iraqi market for securities moving direction is consistent and ambitious administration, despite the fact that the future plans aimed at the adoption of mechanisms of action commensurate with the size of the Iraqi economy and its impact on the international level.
[tlm724] if the stock market stays in line with the economy as it grows they will boom too ! We all know for a fact that Iraq has it all !
[tlm724] theres no way it couldn't grow !
[tlm724] hail I'll even invest in certain companies once they show me more stability and I am sure many others feel the same way
Kerry: No place for terrorists «Daash» in the world
[tlm724] support of the Paris Conference's Iraq in its war against terrorism, which will be held tomorrow, Monday,
[tlm724] the desire of many countries to participate in it amid optimism that comes out the results of the process contribute to the eradication of gangs Daash final
[tlm724] I sure hope so for the sake of humankind !
Experts advise launching awareness programs before the implementation of e-shopping project
[tlm724] the central bank need to launch educational programs and outreach to citizens before you start implementing a project shopping-mail via the "ATM", as indicated at the same time that this project is one of the achievements of Finance In the area of monetary and credit banking business in Iraq
[tlm724] love that !
Union of Kurdistan and the powers want to grab parliamentary committees, including the "legal" and "security" of the National Alliance
[tlm724] Shaways said in a statement the "term", said "House finished voting on 26 of the standing committee of parliament," pointing out that "the most important committees that we demand in the Kurdistan Alliance, legal and territories and overseas." He guessed that "the first meeting of these committees will be held next Wednesday to vote on their heads and their deputies and special."
[tlm724] "the first meeting of these committees will be held next Wednesday to vote on their heads and their deputies and special."
[tlm724] ok then lets get it done !
[soon] yes, get it done!!!
[tlm724] include the kurds and they will be good to go
Rafidain Bank: ATM positive movement for daily trading between individuals and companies
[tlm724] The ATM is part of the evolution of the payments system in the developed world economically
[tlm724] that "the provision of such advanced technology facilitates the deposit and withdrawal of citizens without the need to exchange cash manual.
[tlm724] thats right, reducing the need for hard currency
Governor of the Central Bank must take preventive measures to curb corruption