Auction Central Bank monetary policy threatens to collapse
Baghdad / Orr News
Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions.
the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank
[tlm724] the continuation of these auctions will destroy the whole monetary policy of Iraq ! It goes against everything they aim to achieve !
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"the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency,"
[tlm724] this critical juncture the author refers to means that corrective action MUST be applied NOW to stop the train wreck to their currency reform !
There is only one way to this,dedollarize , they must stop the auctions and introduce the lower denoms which coincides with an increase in the value, period !
[tlm724] It would not surprise me to see the auction's stop within the next few weeks IMO because if they don't stop Iraq's monetary policy and all the wealth that comes with it will collapse !
I don't believe for one minute that the International powers working hand and hand with Iraq will allow that to happen just sayin... the dinar must be recognized and accepted throughout the world
Close the file transfers ((yellow))
[tlm724] »the ministry had paid in full the debt of Egypt by remittances yellow, amounting to 408 million U.S. dollars during 2013 »
[tlm724] paying off and/or restructuring their debt is part of the requirements to go into article 8 of the IMF !
Brazil declares its readiness dropping 80% of Iraq's debt
[tlm724] that the government of Brazil is ready to drop 80% of Iraq's debt in accordance with the Paris Club agreement, explaining that the "Brasilia" collaborating with the Republic of Iraq in several aspects, including economic
[tlm724] again debt restructuring / reduction !
Alkhozai calls to activate the strategic framework agreement with the United States
advancement to the highest levels, stressing at the same time the necessity of activating the strategic framework agreement signed between Iraq and the United States, that will ensure not compromising the basics of the partnership and the Constitution.
[tlm724] our (USA) involvement at this time is critical to the success the security measures being put in force ! And these measures are absolutely necessary for the advancement of Iraq economically as well as for the safety of the nation!
Expectations that the year 2014 is witnessing growth and development economically significant
[tlm724] called for the introduction of professional groups expert to restore the Iraqi economy to the real situation, especially that it is economical and promising to provide a reservoir of growth of potential physical, human, energies, and agricultural land, by taking advantage of the efficiencies with experience in the field of economic and financial by institutes and centers of professional and economic progress many proposals.
[tlm724] we have the USA and the World Bank helping with that ^^^^
[tlm724] economic activity pointed to the importance of strengthening other sectors to support and strengthen the capacity of the country to be economic activities varied supply the GDP and budget items,
because there is another side of it a lot of achievements on the level of infrastructure as recorded movement in economic activity and purchasing power of the citizen and the proliferation of local markets,
also contributed to the security side to give a positive message to investors and international companies to deal with Iraq to boost economic activity and the movement of trade in all areas.
[tlm724] purchasing power of the citizen and trade !
Specialists: security and development twins without which nothing can be promoted in the country
[tlm724] the importance of security and stability in the economic development of the country
[tlm724] this is exactly what Bondlady was saying in her chat the other day !
[tlm724] stressing that Iraq is close to achieving development in industrial production
[tlm724] get help from the experts and revive the economy through the private sector, rebuild those factories, put your people to work !
Call for the establishment of a body to monitor the distribution of allocations
Baghdad - Mostafa Hashemi
called economic expert, Dr. Majid picture to the application of the Financial Administration Act and the public debt because it will bring a significant part of economic development in Iraq.
issued Law No. 94 of 2004 for the purpose of improving the conditions of life and create jobs and reduce unemployment and the accompanying damage to public security In order to support the financing of the government and strengthen the confidence the economic structure of Iraq.
[tlm724] but the law has been read in the House of Representatives first reading, indicating that the foundation would promote the application of the Financial Administration Act and the public debt
[tlm724] , which will enhance the economy comprehensive developmental renaissance
[tlm724] economic renaissance ! Financial oversight and regulation for the vast amount of Iraq's wealth !
Parliament: political and security problems impacted negatively on the advent of the investment companies of the country
[tlm724] that foreign companies currently operating in the country threatened to leave and leave the work in the event of the continuation of the current status quo
[tlm724] can't have that ! things HAVE to change and quick
[tlm724] that the security situation one of the reasons that make the global investment firms are reluctant to work and invest in the country, calling for the creation of appropriate investment climate for businesses in order to support the national economy and promotion
Reconstruction: the issuance of licenses to build on the basis of e-governance in next February
[tlm724] "The ministry has agreed with the International Finance Corporation of the World Bank to unify the licenses of construction in Iraq and issued on the basis of automation and e-governance
[tlm724] electronic baby !!!
"The ministry has agreed with the International Finance Corporation of the World Bank to unify the licenses of construction in Iraq and issued on the basis of automation and e-governance and granted to citizens through a single window," pointing out that "the new system will direct him through next February. "
[tlm724] single window = one stop shopping ! SWEET!