House Speaker declares victory Fuad Masum presidency
[tlm724] Iraq has shown tremendous progress and this has opened the door to the legislative process, we should now see the laws we have been waiting for presented to Parliament for voting, see below...
Parliamentary bloc, the most numerous are the "National Alliance"
the majority bloc is the "National Alliance" and not any other block, as rumored, note that there are other facts confirm what we went to him, we have not covered in order to avoid lengthening
[tlm724[ the National Alliance now has the power !
Formation of a committee to resolve the budget in 2014
[tlm724] noting that the committee is required to submit its report on the budget within two weeks from the date of its formation that domesticated in the opinion of the federal government *hallelujah* I like seeing Jubouri putting time limits on things ! He is cracking the whip !
Import license organized specification of goods in the market
[tlm724] required the introduction of import license all traders and importers to obtain a license for each type of goods after it was allowed to supply more than one item within a list one and this is what he sees are interested in positive point is to protect the consumer to put an end to the import random FMCG non-conforming
[tlm724] getting the licensing in line for imports and exports is exactly what we want to see ! It brings them into compliance !
Call for the adoption of banking reform strategy
[tlm724] stressed economic expert on the need to apply the strategy of banking reform prepared by the parliamentary Finance Committee in the previous session of the House of Representatives. *hallelujah*
[tlm724] notably the diversification of products and services for the banking sector, develop and create new products that meet all customer needs in the sectors of individuals and institutions, as well as expansion in the development of electronic distribution channels that provide services to customers in the right time and place for them
[Shredd] tlm724 yup, banking reform is getting attention! the "banking laws" we've been wanting may be a part of that
[tlm724] Shredd oh they defiantly are, I have no doubts about it !
Internal rate system and a new administrative body of the Association of Banks
[tlm724] approved a General Authority of the Association of private banks in Iraq modified the rules of procedure of the Association during the extraordinary meeting attended by the majority of banks
[tlm724] well now that was fast
[tlm724] new administrative board has an intensive work program in line with the instructions and procedures of the Central Bank Iraqi and aimed at developing the performance of the banking system to rise to the level of the requirements phase *hallelujah*
[tlm724] will ya look at that !
[tlm724] . was the General Association had decided earlier in the formation of a special committee to amend the law on association comprised of legal experts and bankers that led to the draft amendment, which passed yesterday *wolfwhistle*
[tlm724] dayum I think I may be impressed
The way to the application of the payments system and skip the challenges
[tlm724] but the right to say that the conflicting and overlapping laws and powers that have contributed to the failure of the sector banking
[tlm724] bottom line is that what required of private banks of procedures and programs and modern technology must compel the government to live up performance by the bank to the ranks of developed nations
[tlm724] It appears to me that the main issue is a conflict in legislation and we know the laws are in parliament and with the progress Iraq is making with the new speaker I believe we will see this issue taken care of in short order !
[tlm724] by forming a team of private and public sector to study the economic laws posed by the Secretariat of the Council of Ministers, and involve them and benefit from their expertise in the fields of economy