Morning News Comments 01/29/2015
Parliamentary Finance determines the central bank sales of the roof of the dollar at auction
[tlm724] remember what Bondlady always says, we must look at who is talking first
[tlm724] so this is a member of the Parliamentary Finance Committee
[tlm724] and this member is making a suggestion to put a ceiling on bank sales of $ 75 million a day
[tlm724] now I like that idea very much and when we see the CBI actually do that then we can get really excited. As I said yesterday I firmly believe they are de-dollarizing ! Dinar will be the king so to speak !
[RCS1947] yes thanks timmie
[tlm724] RCS1947 you bet it's awesome rcs !
[tlm724] when we see things like that in the news it means they are talking about it ! *hallelujah*
Parliament postpones budget session to five in the afternoon, and the insistence on approval today
[tlm724] the budget
[tlm724] parliament met as scheduled at 11 a.m. there were points of contention within the budget, 3 to be exact, that needed to be addressed
[tlm724] then Jubouri postponed until 1 p.m. and meet privately with the finance committee
[tlm724] as far as I can tell based on the most recent news they will stay throughout the evening until they come to a resoultion, lets look at the article Bondlady just posted
[tlm724] it is currently 3:50 p.m. in Iraq so we will watch for the most recent news out of parliament throughout the day
The appearance of Mohammed Saleh ended stage oil sale and distribution of salaries and the trend now is towards product people
[tlm724] He added, "The other axis is economic and got an interview with President of the World Bank and the building and we saw a positive response from him, especially since Iraq is a founding member of the bank 70 years ago,"
noting that "these positive is the signal to the international community's response with Iraq, a gateway to the world of investment and improve investment climate and support for Iraq. "
[tlm724] these positive is the signal to the international community's response with Iraq, a gateway to the world of investment and improve investment climate and support for Iraq. " *hallelujah*
[tlm724] the World Bank expressed its readiness to provide assistance not only in the granting of loans, but rather to provide technical and scientific assistance and information to raise the efficiency of the economy and projects in Iraq, there will be important by the investment openness, and this is very important for Iraq,
[tlm724] now they will rock this out ! They are finally accepting expert advice instead of stalling the economic plan, onward I say !
[tlm724] He predicted that "Iraq is witnessing progress in the field of investment and the creation of a new investment climate and the first steps that the signing of the contract to build a petrochemical plant with Shell, and we consider it a breakthrough in depth Basttosmar oil wealth."
The government is taking the decisions and recommendations in the development of the private sector banks.
[tlm724] Economic Commission for Refugees private sector and stressed "the importance of the banking sector as an artery, which passes through all the economic and financial events, and if I want any country to apply there must be a well-developed banking system."
The Committee discussed all the problems and obstacles and solutions facing the banking sector and recommended, including the following, according to a statement:
[tlm724] "the importance of the banking sector as an artery, which passes through all the economic and financial events
[tlm724] sounds like they are putting the final touches on their plan
Parliamentary economy reveals new legislation for investment
[tlm724] the new legislation for investment supports balancing the country and encourage international companies to enter the Iraqi market,
[tlm724] as indicated it would hold a detailed conference on law early next month
[tlm724] "the economic and investment commission will be held at the beginning of next month's conference to explain the work of the new law to be enacted mechanism in the presence of investors and businessmen from inside Iraqis and Arabs as well as foreigners
[tlm724] alrighty then, get that new law ready !
Economic parliamentary: The Committee continues to edit paragraphs Investment Law
[tlm724] Made it clear to the Committee of Economy and Investment parliamentary, it continues to make some amendments to the text of the "Investment Law" form, which can meet the needs of investors and the government, particularly the elimination of red tape and lift the obstacles that hinder the work of companies and businessmen.
[tlm724] While the Committee revealed, for access agreement with Dr. Haider Abadi Prime Minister on "new laws for investment and the private sector,"
[tlm724] that the investment law is still under discussion in the committee did not end after his studies, indicating that austerity is going through the country, cast a shadow over all aspects of the investment.
[tlm724] demanded set of changes and amendments to the original law in order to eliminate red tape and lift the obstacles that hinder the investment process in Iraq.
[tlm724] Iraqi investment of the best laws in the region, the law, is that the application process is wrong, calling for the elimination of red tape and ease the pressure being placed on the investor
[tlm724] Committee pushed legislation laws benefit the investors, especially as the government is serious about attracting money and corporate
[tlm724] What concerns us is the investor, so he would not find it difficult to invest if they came to Iraq. "
[tlm724] He continued, "We do not consider what Iraq is going through currently a financial crisis, but financial hardship because of falling oil prices, and with a war spending in the face of terrorism and expel Daash"
[tlm724] now we're talking ! Everything is coming together as it should !