Morning News Comments 03/26/2015
Appearance Saleh warns of deterioration of the dinar and rumors denied
[Shredd] So Saleh is basically saying to the people that things are under control, the central bank knows what it is doing, we have a plan and we need to control the exchange mechanism.
aka; "It's all good, we got this"
Economic Adviser to Ebadi: acceptance issued by private banks and financial instruments will support the liquidity of the State
[tlm724] the Cabinet decision on the admissibility issued by private banks instruments to pay taxes as "supports the financial liquidity of the state,
[tlm724] to accept instruments of citizens who want to deal with private banks and who are the taxpayers.
[tlm724] will facilitate the collection of money paid to the banks which goes to any state not restricted tax payment process by the citizens on the Rafidain and Rasheed and diversity in different banks.
[tlm724] well now theres a shift, the state banks will no longer get the lions share, the private banks are now in the fold !
[tlm724] awesome !
[tlm724] do you all rememeber the 6 steps to freedom chat ??? that my friends is part of number 6 !
[tlm724] 6. a real need to deal ministries and government departments with these banks and give them rights equally with the government banks
[tlm724] doesn't get more plain than that ! We are in the home stretch just gotta keep an eye out for those 2 banking laws !
The government attributes the rise in the dollar to speculators and experts assert: Central wrong deal
[tlm724] this is getting a lot of press as it should !
[tlm724] "noting that" the coming days will witness a breakthrough to the crisis with the followers of the budget policy on liquidity in the market and the size of the reserve and flow. "
[tlm724] theres that flow again
[tlm724] keep saying it ! Love it Wink
Parliamentary economy plans to enact a law to invest based on the principle of decentralization
[tlm724] "the investment law on his way to the second reading, but this law does not meet the ambitious economic committee so we asked to change it,"
[tlm724] "the Committee in connection with new legislation focused on three axes important, because the law that we received from the Council of Ministers does not meet the ambitious.
[tlm724] the new investment law will focus on the principle of decentralization, to provide the greatest degree of freedom to the provinces in the contract with the investment companies away from the red tape
[tlm724] ah so theres the reason for the delay in the 2nd reading, they are writing a new law
[tlm724] "asserting that the committee would like to" provide the most appropriate way to invest in order to strengthen the Iraqi economy. "
[tlm724] do it right !
[tlm724] "paragraph III, which is considered the most important in the investment law are the dimensions of the investment projects for administrative corruption in accordance with the paragraphs and clear and insist committee economy on approval of the new law.
[tlm724] so no more stealing or diverting the funds allocated for projects, insure their implementation !
[tlm724] , that "the province halted all of its projects for the current year because of the austerity budget," referring to "keep implementation on previous projects to complete them."
[tlm724] House of Representatives is determined to issue a discreet investment law to achieve development goals and meet investors' ambitions, and aims to contribute to the improvement of the investment environment in the country
[tlm724] where he listened to all the proposals made by the investors. He discussed a member of the Presidium of the House of Representatives during the meeting, some amendments to the investment law, and the importance of passing a law pushing the wheel of development in the country forward and overcome the difficulties in front of authorities invested.
[tlm724] "investors need to expand their investments in Iraq as it contains great opportunities
[tlm724] no doubt ! Shredd has gone over this many times !
[tlm724] "the decisions that declared Prime Haider al-Abadi Minister in Davos for the determination of Iraq to take, is the legislation of new laws serve and investors, in particular the private sector.
[dogznova] Most big investors won't invest in Iraq if their mony or investments are not safe.. Make it safe to invest and they will come
[tlm724] dogznova exactly !
[tlm724] "What concerns us is the investor, so he would not find it difficult to invest if they came to Iraq. "
[dogznova] I mean really.. Would you invest in a country that's currency is not traded?
[tlm724] or that has no protection ?
[tlm724] Mohammed Saleh, revealed near the release of important economic laws contribute to the recovery of the Iraqi market and investment opportunities.
[tlm724] near the release, see they have been working behind the sceens all this time
[tlm724] "a forthcoming law for cities and industrial industry mixed, and this is very important and there is a law is for private sector investment, encourage and create Association and strong bond between the state and the private sector to stimulate the movement of the market and end the separation existing between them "
[tlm724] and strong bond between the state and the private sector to stimulate the movement of the market and end the separation existing between them "
[tlm724] free market economy !
[tlm724] I do like this very much ! Wink They are and have been making the changes ! Just because we don't SEE everything does not mean it's not getting done ... remember Bondlady has always said they do more than we know !
[dogznova] So the question is.. Why hide it?
[tlm724] dogznova they aren't hiding much , just the date and rate lol
Conference to announce the private sector representatives
[tlm724] the importance of this conference being will be announced very important personalities of the founding board of the private sector includes representatives from all the provinces to hold this conference and in the light of which will be announced from a sector Special all its branches,
whether industrial, commercial or otherwise, stressing that preparations for the launch of this conference are ongoing and it is hoped that will start during the next two months.
[tlm724] Investors abroad and pointed to meetings with major investors abroad took place last month were taking their opinions and suggestions on the operationalization of the productive sectors
[tlm724] can you believe Iraq listened ? amazing progress for them !
[tlm724] that the adoption of Investor Protection Act and the amendment Investment Law will achieve a comprehensive economic revival in Iraq because that will be determined by the parties to the pros and cons as to prevent the presence of interference in the powers including hampers investment process.
[tlm724] ah but we just read they are writing and working on them
[tlm724] He said that the House of Representatives in the process of legislation Investor Protection Act after owners experience the advice of economists Geological Survey and those responsible for identifying investment zones in Iraq, noting that the law has read the first reading.
[tlm724] He said the promulgation of the law will attract investor as well activation of the product and the Consumer Protection Act will also encourage local production and industry *hallelujah*
[tlm724] and so they go boldly forward and step into a democratic free market society !