BondLady's Corner Administrators Shredd & tlm724 Share their comments on the News
Banker: private banks evolved considerably and now has external relations with international banks 03-10-2013 10:57 AM
[Shredd] private banks has evolved considerably from what it was in the past through the use of mechanization of modern to facilitate transactions Banking and speed of completion, as well as become their external relations with international banks, so the work is consistent with what issued by the Central Bank of the instructions and controls.
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So great to keep hearing about banking progress, evolving considerably....in external relations with international banks. The systems are in place, the regulatory requirements are in place......now pass the remaining laws and let's watch this unfold!
Law of the Ministry of Commerce 10/03/2013 12:00 AM
[tlm724] inclusion of a paragraph in the law of the Ministry of Commerce include the opening of branches of the Department of Registration of companies in the provinces of economic and commercial activity
[tlm724] especially since Iraq now need to enter the investment companies to the provincial economic border to take its role in the development proces
[tlm724] that the law of the Ministry of Commerce under discussion in the House of Representatives, it is hoped happen to positive changes in the work of the ministry
[tlm724] this law is part of the tariff system as well as the investment and private sectors,, so what is commerce ?
[tlm724] an interchange of goods or commodities, especially on a large scale between different countries (foreign commerce) or between different parts of the same country (domestic commerce) trade; business.
[tlm724] they are doing all their preparations
Assurances of the importance of getting Iraq's sovereign rating 10/03/2013 12:00 AM
[tlm724] this rating is very important to Iraq and in order for them to have a good rating they MUST have their ducks in a row re: banking which is very good for us, kinda forces them into compliance
[tlm724] they are being held to a higher standard now and they know dayum well they are being watched !
Prime Minister calls for the revitalization of the private sector 10/03/2013 12:00 AM
[tlm724] so not only do they need legislation (which protects everyone involved in the growth ) they need a change in attitude, out with the old way of thinking and in with the new ! The new is a prosperous Iraq that welcomes all bidders in rebuilding the country !
Economic parliamentary government is demanding the inclusion of the final accounts with the draft budget 2014
[tlm724] this article 140 and the HCL!
[tlm724] refused Kurdistan recent draft of the oil and gas law approved by the Iraqi government and sent to the House of Representatives for approval,
[tlm724] so they did present the HCL for approval but apparently there are still issues
[tlm724] *slap* come on Baghdad pay up and lets roll