Net: Iraq has taken action to protect his money after the lifting of immunity by
[tlm724] so they keep running this in the news, interesting
[tlm724] are they urging cooperation through the press ?
[tlm724] noting that negotiations taking place with the help of the World Bank
[tlm724] well there ya go World Bank holding their hand again *hallelujah*
[rsp1] and that's a GOOD thing.
[tlm724] sure is !
[rsp1] Shouldn't mess it up that way.
[tomsrunners] tlm724 How would you say we are looking with our investment since the elections are finished ?
[tlm724] tomsrunners about the same as the other day lol
[tomsrunners] tlm724 thought it might look better
[rsp1] I think June is going to be a great month.
[tlm724] seriously though I am glad they are over and waiting patiently for the new GOI to be seated and see if they can get some laws passed, I am still VERY confident we are in a good place as far as this investment
[rsp1] GOI should be in place by then, the budget should be passed (although fingers crossed on that one - but lots of pressure on them to pass it), WTO is helping Iraq along for their accession
into their organization.
[tlm724] rsp1 and yes June could be a critical month as far as ISX POSSIBLY going international on Nasdaq and the CBI stating they MAY be making some sort of currency reform move in June also
[rsp1] That is also HUGE!
[rsp1] so...what say you tomsrunners? Do I hear a *hallelujah*
[tomsrunners] rsp1 Feeling Much Better,, Thanks
Domestic industry 5/21/2014
[tlm724] pointed out that most of the local products in the public sector are manufactured under the supervision of specialized regulatory agencies and granted certificates of appreciation to rival foreign industry
[tlm724] they are working the local product ! *hallelujah* an absolutely necessary step !
Iraq needs 20 to a new city to solve the housing crisis
[tlm724] they are going to need alot more housing now and in the future
[rsp1] Loans the banks are giving out should help...along with jobs that'll be opening up.
[tlm724] approaching the problem from the door wider and on the question of housing finance, referring to attempts by the ministries of Finance and Construction finding a variety of sources of housing finance by encouraging commercial banks and enable them to engage in mortgage finance as also included directing government funds with low interest for low-income families headed by a woman and people with special needs.
pointed out that there is a tendency to increase the affordability of housing for families of middle-income and moderate and low, as well as encourage the expansion of loans allocated to expand the area of existing homes. should be noted that the entry of commercial banks in such investments collide laws which are not suitable for the requirements of this stage.
[tlm724] should be noted that the entry of commercial banks in such investments collide laws which are not suitable for the requirements of this stage
[tlm724] so these banks hands are tied as far as legislative restraints, got to fix those laws and fast
«Road map» to strengthen the cooperation between the public and private sectors
[tlm724] plans Businessmen Union Iraqi provide future plan of action (road map) to activate the Iraqi economy
[tlm724] According Blibl the views and recommendations of the private sector calls to be Iraqi economy is rebounding
[tlm724] confirms President of the Union about it, resolve to make this platform as recommendations to the government and parliament next, indicating that it is based on fact, in spreading awareness Economic circles of Iraqi society, especially those responsible for knowing the interests of the country where you lie, and the trend towards a market economy and ways careful and prioritized.
[rsp1] That, there, is a great plan.
[tlm724] it really does boil down to this plan of action (road map) , if they are all on the same page then great things can and will be accomplished
Specialists: the application of the customs tariff law will prevent the entry of goods and shoddy goods to Iraq
[tlm724] which is in force in all countries of the world and is a lifeline for some of them," stressing that "the application of the law would have economic returns great for the country, thanks to border crossings and ports located in Iraq and the ones that go into the various goods and commodities from different countries. "
He stressed conditioner on "the importance of the coming period would witness the application of this law fully and not hold on as the work done before period, because the application sectional lose law value and will be laggard,"
calling on "the government to speed the application of the law because of the importance and usefulness of the country and citizens and to encourage the domestic industry."
[tlm724] they have the borders set the ports set chop chop now get the laws passed