Banking contracts with international companies
[tlm724] The participation of local banks to introduce its potential and willingness to cooperate with companies and the application of the government program, which recommended the opening up to the world and the development of the economic sector.
[tlm724] willingness to cooperate with companies and the application of the government program, which recommended the opening up to the world and the development of the economic sector.
[tlm724] the application of the government program opening up to the world
[cat] tlm724 big plans
[tlm724] *wolfwhistle* thats right cat, they are getting the state and private banks all on the same program, opening up to the world !
[tlm724] foreign firms and local businessmen and foreigners, to increase the prospects of cooperation between the two parties is to open bank credit and letters of guarantee, as well as the issuing bank card (Visa Card).
[tlm724] they spoke of getting the TBI heavily involved in allowing letters of credit etc..
[tlm724] that there is a great desire by foreign and domestic companies to deal with the bank
[tlm724] Canon Inc. (Canon) Japanese and other Turkish and Iranian and European companies, in order to increase their investments in Iraq
[tlm724] Work of the bank has grown rapidly to become an effective institution with great credibility
[tlm724] as the bank was able within a short period of time to establish relationships with a global network consisting of 134 major banks
[tlm724] including major international banks Union to cover so 63 city in 39 countries, now thats impressive
[tlm724] working on spreading the culture of banking dealings mail between citizens through card (Visa) in shopping and payment of financial dues such as salaries monetary, financial and trading other
[tlm724] less cash too
[tlm724] It calls the bank citizen to deal with this card in order to keep his money from damage, fraud and theft,
[tlm724] just what we want to see too, the less cash the better for us,
[tlm724] this will go along with de-dollarizing too, as they add value to the dinar this will facilitate the ease of the transition
[tlm724] the citizens will be eased right into it
[tlm724] it is working under the Central Bank of the umbrella and the same controls explained Abdullah to compete with the rest of the banks are through interest rates and types of loans to other customers and banking facilities.
[tlm724] CBI will have the reins on all this too, no more setting their own prices etc.. creating a level playing field for everyone !
[tlm724] and the more they can do electronically the better because ISIS can't get their dirty hands on it
[tlm724] great article , perfect way to start the day ! Banks getting lined to implement Abadi economic reform, going global with services and protecting their wealth as well as the peoples wealth, just awesome !
Jubouri underlines the importance of resolving the budget file and rename the presidencies of committees
[tlm724] I saw something on parliaments site brb
The meeting discussed the financial budget, where Mr. Saleem al-Jubouri, head of the House of Representatives confirmed the intention of representatives from the government to come to the House of Representatives hearing tomorrow or in a meeting next Saturday to explain the current financial situation
and file the budget in case the end of the Council of Ministers discussed during the meetings being held in addition to eating file meeting a number of paragraphs that relate to organizational matters for the House of Representatives in order to contribute to the strengthening of the legislative role and serve the citizens http://ar.parliament.iq/LiveWebsites/Arabic/Container.aspx?PressReleasesID=9281
[tlm724] hearing tomorrow, thats today btw
[tlm724] so they will meet again Saturday also
[tlm724] Jubouri won't stop until this is resolved !
Parliamentary support for the government's efforts in the fight against corruption
[tlm724] Parliamentary support for the government's efforts in ALL things !
[tlm724] He also called on the executive and legislative branches, to «address the issue of corruption by creating strict laws against those involved him»
[tlm724] He added that «the problem of the current Iraq lies in the fight on three fronts, the first permanent war against terrorism, and the second restructuring of the armed forces, which suffer from sag and corruption, and the third elimination of the scourge of financial and administrative corruption in most of the state's institutions
[tlm724] you go boy !
Reforms whose time has come ..
[Shredd] good to see this sector still growing in spite of ISIS
[tlm724] thats right, everything is moving right along
[tlm724] the latest laws dates back to the seventies under a highly centralized system
[Shredd] tlm724 I fully agree and more now than ever
[tlm724] gotta fix that and quick like a bunny, get away from the centralized system
[tlm724] reform today is urgently resolve the identity of the Iraqi economy, central Oahu or free, although we need a transitional phase for the transit to a market economy, what are the necessary steps.
[tlm724] we need a transitional phase for the transit to a market economy
[Shredd] 000 project for one, pass laws in queue
[tlm724] Even the economy rises in the private sector need to Almttoralve banking system is one of the elements of economic development. We can not talk about economic development and the growth of foreign investment and the banking system without internal development and development of the economy as a vital artery. Our banks are still primitive, and our laws in this area are still designed for a centralized system is not the role of the private sector in it.
[Shredd] with this new non-sectarian govt
[tlm724] but that is changing now
[Shredd] diversity in the private sector is crucial
[Shredd] agreed, I expect great progress in parliament
[tlm724] Shredd once they get the budget and the heads of the committee's out of the way they should be ready to rock these laws
[Shredd] agreed, then ISX growth comes and the resulting investment then bank reserves grow, then private lending grows, then private sector grows
[tlm724] because with the final agreement with the kurds comes a launch of all the laws we want to see
[Shredd] jobs are created spending increases
[Shredd] tlm724 yes!
Parliamentary Energy plans to host Abdul-Mahdi, and expects $ 70 for a barrel of oil
[tlm724] said the committee is working on a study of 10 laws sent to it by the Presidency of the Council of Representatives recently.
[tlm724] She pointed to the oil and gas legal and budget Capers legislation that are important to it
[tlm724] that it is working on two draft law of oil and gas
[tlm724] Plans Presidency of the Council of Representatives a package of laws that describe the task such as oil and gas *wolfwhistle*
[tlm724] I am lovin that
[tlm724] there it is BondLady ! I can't wait to see the results !
Parliament extends the legislative term of one month
[tlm724] the Presidency of the Council decided to extend the first legislative term for a period of one month, to complete a number of important laws and vote on the standing committees
[tlm724] now we're talking ! told you Jubouri won't stop !
[tlm724] for a period of one month in accordance with the constitutional context to be a legislative recess appointment is linked to the arrival of the financial budget for 2015 to the Council
[tlm724] at a meeting next Saturday to explain the current financial situation and file the budget in case the end of the Council of Ministers of the discussion."
Iraq: Maliki Karkh court warrant on charges of attempted killing of judge
[tlm724] a lawsuit against Maliki and stapes, on charges of death threats and impeding the work of the judiciary. This is the first case brought against al-Maliki, after assuming the post of Vice President of the Republic
[tlm724] well now, sounds like Maliki may finally go down for the count
Iraqi volume of investments in overseas $ 250 billion 11 billion of them in Jordan
[tlm724] the Iraqi prime minister, to establish an advisory council to the private sector in Iraq, a component of all Iraqi businessmen, in order to address the legislative imbalances that hinder Iraqi investors
Planning vowed to simplify instructions rating companies and contractors
[tlm724] the new regulations drawn up by the ministry is now in the Council of State, but was stopped at the request by the ministry in order to listen to the observations made by lawyers and legal advisors
[tlm724] regarding these instructions in order to be fulfilled for all aspects that would simplify procedures and give construction companies a wider area in the process of reconstruction of Iraq
[tlm724] they are things in order here, making it all right finally ! Opening the doors for long term investment, easing the restrictions and eliminating the red tape, they are rebuilding their country !
Economic parliamentary: the project to delete the zeros is ready and needs to be applied five years
[tlm724] confirmed member of the Committee on Economy and Investment parliamentary
[tlm724] on the readiness of the project to delete the zeros from the Iraqi currency at the central bank
[tlm724] it's all ready Wink
[rsp1] so are we
[tlm724] they will begin in 2015 and it will take a total of about 5 years until it is completely done
[shunshine] rsp1 for sure we are
[tlm724] once it starts then we are good, launch it and watch it grow baby !