Saleh: sovereign funds maintain revenue
[tlm724] calling for an economist government to elaborate a plan ten years ahead and the establishment of a real sovereign wealth funds
[tlm724] he asking them to have a long term plan WITH long term bonds, sovereign bonds
[tlm724] Saleh stressed the importance of putting some of the oil revenues, real and financial investments inside and outside Iraq
[tlm724] to be offset by the diversification in bonds.
[tlm724] that is what we want ! Long term bonds cannot be issued at 1166 and have them mature say in 5 or 10 years later at around a dollar plus lets say, it would cripple them financially ! That said, we should be very encouraged that these bonds are part of the economic strategy, it tells us they are getting to rock this baby out !
[tlm724] *hallelujah* bring it on home !
[RCS1947] very true!
TBI: the restoration of more than $ 557 million
[tlm724] amounts suspended and showed dry that these amounts represent financial rights of the various state departments and related open credits through the bank with our correspondent, and for a period of 23 / 4/2012 until 10/29/2014 pointing out that work is underway to restore the amounts suspended (remaining)
[tlm724] including Citibank and the collection of Morgan, who are working with him to put the credit rating of the bank,
[tlm724] to make it a high status among global banks
[tlm724] considered dry failure to approve the budget impact negatively on the performance of the banking sector, especially in the aspect of investment allocations, prompting the bank to look for other bank products to compensate for this effect through the investment of cash available, pointing to the importance that the fluctuation of oil prices into account when preparing the next general budget 2015 To avoid a defect in the project and the nature of the financial allocations of exchange for the state. The bank has been able to after the year 2011 of the retrieval billion and $ 195 million of non-performing debts with dealers Iraqis, as well as the recovery of 114 million euros in debt stalled since the establishment of the bank
[tlm724] Trade Bank is recovering alot of money ! and working with the international banks to rasie Iraq's credit rating
[tlm724] She said go for the opening of a new branch of the bank in a beautiful area, commercial weight within the country and bringing the number of branches in Baghdad 7 branches
[tlm724] while distributed 12 branches in different provinces of the country of which 3 in Kurdistan,
[tlm724] pointing to the intention of the bank to open a branch in all remaining provinces.
[tlm724] "the bank has a high financial liquidity that can be used in grants credit safe areas large and projects that serve the economy and dealing with the various economic problems,
[tlm724] recovering all this money has given the Trade Bank tremendous liquidity , they will lead the charge in issuing credit and launch the banking sector !
[tlm724] She called at the end of her speech Association of private banks in Iraq to activate your proposed funding strategy projects by participating with the Trade Bank of Iraq, where only two banks did not respond yet.
[rsp1] We are seeing the flower petals opening up with Iraq...before we know it, they'll be in full bloom.
[tlm724] only 2 banks didn't respond, that means all the rest of them are on board !!!!!!!!
[tlm724] *hallelujah* do you all realize what is happening ?
[shunshine] Wonderful news I like it.
[cat] tlm724 getting better and better
[rsp1] Our garden will be in full bloom - soon
[tlm724] they are launching the economic program and reform before our eyes
[tlm724] all part of the strategic steps needed
The private sector contributes to increase the value of the dinar
[therealbubbie] market price went from 1202 to 1198 ..
[RCS1947] therealbubbie gm and thanks
[tlm724] therealbubbie *hallelujah* omg ! and gm *wolfwhistle*
[tlm724]ty bubbies I am excited !
[tlm724] many wonder about the reasons for not rising purchasing power of the dinar years ago and so far, despite having a good cover of gold and foreign currency as well as high-oil exports as well as improve its exchange rate against the dollar,
[tlm724] when the continued improvement in the exchange rate with the salary increase
[tlm724] that the central bank was able through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this has resulted in its role regarding the improvement of the exchange rate
[tlm724] Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support to the private sector and the implementation of the government program,
[tlm724] that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition to implement currency controls in order to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years.
[tlm724] stable !
[tlm724] that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance for the development of the economy through the reform development programs and policies that fit this stage the application
[tlm724] indeed they do have the expertise and with the TBI article we just read this goes hand in hand, Iraq is ready !
[tlm724] Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead
[cat] tlm724 its coming
[tlm724] yes it is cat !
Commerce decided to reconsider the letters of guarantees deactivated measures
[tlm724] the need for follow-up and auditing of legal proceedings in respect of letters of guarantee and regulate contracts and consulting by legal departments and to serve the public interest in accordance with legal contexts of the laws and government regulations
[tlm724] this is from the Minister of Commerce, they are getting it together as far as gov contracts
[tlm724] and doing it according to the law which will bring in investors
Zebari: Maliki squandered billions in the last months of the war with Daash
[tlm724] Maliki squandered billions in the last months of the war *slap*
[tlm724] He also talked about the federal government and the government of the province are trying to reach a compromise to end their differences
[tlm724] begin whereby the government to pay the salaries of the staff of the region and the start of negotiations on the establishment of the Kurds send oil export revenues to the state budget.
[tlm724] still working out the details between Baghdad and the kurds
Mobile companies paid premiums 3G service and the celebration of the launch of the middle of this month
[tlm724] as revealed she will sign the launch of the service contracts with mobile phone companies the middle of this month, saying it will ensure high-speed Internet service and other advantages sophisticated
[tlm724] that'll get them banking on their cell phones
Kurdish lawmaker: differences between the province and Baghdad will end soon and visit infallible broke the deadlock in relations
[tlm724] visiting President of the Republic Fuad Masum, the Kurdistan region of Iraq as "contributed to break the deadlock that gripped the relationship between the province and Baghdad," likely "end the differences between the parties soon.
[tlm724] these efforts and tireless efforts have contributed to the convergence of views between the two sides, and we hope to find the outstanding way the files to the solution in the near future.
[tlm724] lets get this done. hey we know the new oil and gas law is at parliament just waiting for a final agreement between them
Interior Minister of Qatar: the issuance of the unified card will be the middle of next year
[tlm724] they will have the unified national card out by mid year 2015 so Iraqi's living abroad can do business and receive benefits etc ...
Abadi meet with the Coordinating Committee for the provinces irregular province to discuss the petrodollar
[tlm724] hmmm looks like Abadi is trying to figure out how to give the non-producing provinces their share Wink