Morning News Comments 03/31/2015
Parliamentary Energy: We have received a letter from the government to adopt the draft oil and gas law in 2011 [audio]
[tlm724] thank you Rocky
[tlm724] Received for the oil and energy parliamentary, a book from the government spends adoption of a draft oil and gas law, the 2011 edition
[tlm724] "The laws that can read Committee, are exempt foreign contractors and sub, fees contractors on the geographic area within the oil licensing rounds.
[tlm724] "The previous government had sent oil and gas Pencchth amended the law in 2011 was sent currently before the Commission on oil and energy to the prime minister and we are waiting for the answer from the government for the purpose of reading within the Committee and submitted to the House of Representatives for the first reading,
[tlm724] we are waiting for the answer from the government for the purpose of reading within the Committee and submitted to the House of Representatives for the first reading *hallelujah*
[cat] yes amen
[tlm724] the Commission calls for the Council of Ministers to send him to read it within the Commission and thus be submitted to the Presidency of the Parliament for inclusion on the agenda of the House agenda.
[tlm724] great sign of things to come
World Bank oversees the draft Islamic Banking Act
[tlm724] The Iraqi government announced on Sunday, modify the civil Banking Act, or the so-called «commercial banking law», to the development of banking law,
[tlm724] stressing at the same time, the legislation of the Islamic Banking Act, which oversaw the writing paragraphs of experts from the World Bank.
[tlm724] told you the other day that the internationals were writing that law
[cat] big stuff huh
[tlm724] yes cat !
[tlm724] that «civil Banking Act No. 94 of 2004, a good law does not exist in paragraphs any significant impurities»
[tlm724] Islamic banks will give impetus to the advancement of the banking sector
[tlm724] that would be a driving force Wink
[tlm724] legislation of a special law for Islamic banks at the moment because it will affect the nature of government and private Iraqi banks. To the Executive Director of the Association of private banks Abdul Aziz Hassoun, the «General Banking Act did not apply correctly», adding that «the defect is not in the law, but to apply it correctly.
[tlm724] I had mentioned when they did the first read on the Islamic Banking law that the regular banking law would need to be amended with the Islamic principles so the two laws jive
[tlm724] «Islamic banks act contrary to public banks Act of (2004) believes in the principle of being a financial interest,
[tlm724] the central bank wrote a draft private law action Islamic banks and discussed with private banks Association, and now has been introduced to the legislature (House of Representatives) is not his decision», indicating that «the law will allow banks to the practice of Islamic banking, which are very different from conventional banking.
[tlm724] all good things coming for sure !
The inclusion of two thousand martyr family housing allowance
[tlm724] tyvm therealbubbie !
[tlm724] indicating that the family that has a martyr receives 82 million and 900 000 dinars, which has more than a martyr received 124 million dinars.
[tlm724] *hallelujah* it's a start Wink
Activating the investment to launch the implementation of projects Law
[tlm724] that the transition process should be taking practical measures pave the way to take over the private sector joints of trade and economy, stressing that this matter needs to be a culture and to clarify and understand the change in the institutional system.
[tlm724] underlining the need to State adopts, defense and foreign policy, security issues and leave the rest of the work performed by the private sector
[tlm724] yep thats how it's done
[tlm724] that in the case if we were really convinced that we want the transition to a market economy
[tlm724] oh they want it badly !
[tlm724] the government program calls for support the private sector but in case if progress investor to implement the vital project, it will face obstacles because we are not yet the idea of the arrival of foreign investor understand what requires changing ideas monopoly of ministries in terms of property,
[tlm724] thats right get the Investment Law done so the foriegn investors are protected and have a single window for the rules, licenses etc
[tlm724] that the investment 13 Act of 2006 requires reforms to be enforceable as a further development banks and legislation laws in the area of goods and services related to the new direction in addition to improve the legislative framework so as to provide investment climate appropriate
Alhiekh Hamoudi calls for Vice President of the Vietnamese Parliament to set up a committee of friendship between the two countries
[tlm724] hey maybe they can compare currencies lol
Rasheed Bank announces the continuation of work off the advances of personal housing loans to notice
[tlm724] there are a lot of weak souls that seek to exploit the citizen through the sale and promotion of private advances and loans forms that are untrue to its existence at the present time
[tlm724] "The bank still operates project grants loans Small loans widows, divorcees and advances to marry and retirees and other industrial, agricultural and service projects as well as to contribute to the ongoing support of investment projects that raise GDP and national income that goes to the establishment of residential complexes that contribute to the reduction of the housing crisis
[tlm724] *hallelujah* still giving out loans
Jubouri meet the political body of the Sadrist movement and stresses the need to agree blocs in parliament to legislate laws
[tlm724] Jubouri better get it together the CBI told him chop chop get my laws passed !
[tlm724] its critical for the nation !
Work smart card for the displaced next week
[tlm724] The Commission on the displaced in the House of Representatives, on Tuesday, he will start working smart card for displaced persons from next week
[tlm724] *hallelujah* the displaced need it most of all !
Parliamentary Finance: The federal government pays dues region as the amount of oil exported
[tlm724] how about that ! *kickA* Daash leaders surrender in Tikrit and that the end of the Battle of Tikrit, will be in the coming hours *hallelujah* way to go Iraq !
Five proposals in the amendment of the Investment Law
[Shredd] This investment into the cities for infrastructure is called municipal debt and tends to be a relatively safe play but for Iraq, the security concerns are amplified in this sector so it'll be interesting to see the terms.
The ongoing construction of the investment framework is firing on all pistons. We can tell there is a great deal of wisdom and support for bringing Iraq into a new age of economic development and investment opportunity.
The Governor of the Central Bank's relationship with (range) Part 1 and 2 see comments here :