Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday Chat 7-24-16 Part 1 of 3
rcookie says to angus():BROUGHT THIS IN LAST NIGHT AS A SATURDAY NIGHT SMILE...BUT DIDNT FINISH...SO WE HAVE A CARRYOVER...LOL
angus says():sounds good!
angus says():love carryovers
sheila3 says to rcookie():lol bring it (y):)
rcookie says to angus():PLESSE READ CAREFULLY....
rcookie says():Directing Customs
Author: Yasser incumbent 7/24/2016 0:00 Cabinet embarked on important economic reforms , it is the first of its activity where he addressed the administrative reform for some of a financial nature institutions as an indicator of the direct intention of institutional building sober , which is the backbone of economic reforms.
Council of Ministers has recently recognized the need to establish joint ventures to bring out the customs to regulate the movement of import chaotic and exports , which will also contribute to reform trade policy in the country and is one of reform that leads to the institution - building requirements , as I said.
the resolution »to limit the import and export of materials and cargo operations as well as the movement of funds in foreign currency companies collectively registered in the Registrar of companies Department of Mnhaaajazat import as well as the establishment of joint ventures shall import operations and export.
rcookie says(): The aim of this decision to regulate the import and export and output customs random operations and restrict legal institutions directly responsible in front of tax departments and departments regulators.
In addition to targeted institutional organization , it would limit the tax evasion operations will be subject to the tax charge for the fact that records companies reveal in front of the tax authorities, as well as regulators are any corporate solidarity does not assume future tax irregularities from the legal responsibility of being officially registered and licensed.
Among the benefits of this decision he came to contribute to maximizing the financial resources and diversifying to support the general budget and you can imagine the size of revenues compared Aharkhalastiardih size in the country
in addition to the possibility determined according to actual needs and reduce indiscriminate import , who will face legal obstacle will also contribute to the reduction of the demand for foreign currency.
Eight this decision will resolve the problem for as long as the state and operated devices relating to the judiciary and of falsifying documents and inventory credits and who was responsible for when they occur which companies to be subject to periodic monitoring and annual Atzar which of those records violation.
It is noteworthy that the resolution gave for 4 months of the founding of companies allowing Maaqbin and customs brokers the opportunity to heal and the establishment of joint - stock companies with each other , and that the decision will not be penalized any person and prevents him from exercising import and export process provided that through joint venture and not individual people.
We find this decision a careful approach to start reforms , administrative, economic, and adequate opportunity to establish these companies and this is the first Ghaith reforms will come successively.
rcookie says():THEY ARE STATING THAT THE BACKBONE TO ECONOMIC REFORM IS INSTITUTION BUILDING...
rcookie says():COM ACTIONS TO ESTABLISH JOINT VENTURES TO DEAL WITH CHAOTIC TRADE ENVIRONMENT...
THIS IS PART OF THE RESTRUCTURING AND PRIVATIZATION PROCESS OF THE 2 SOB'S AND 192 SOE'S IRAQ HAS UNDERTAKEN WITH WB SINCE 2006....
rcookie says():LIMITING IMPORT AND EXPORT MATERIALS AND CARGO OPERATIONS..
AS WELL AS THE MOVEMENT OF FUNDS IN FOREIGN CURRENCY COMPANIES COLLECTIVELT REGISTERED IN REGISTRAR OF COMPANIES DEPARTMENT AS WELL AS ESTABLISHMENT OF JOINT VENTURES IMPORT/EXPORT OPERATIONS...
rcookie says():THE GOAL OF THE DECISION TO REGULATE IMPORT/EXPORT AND RANDOM CUSTOMS OPERATIONS AND REGULATE IN FRONT OF TAX DEPARTMENT & TAX REGULATORS ALLOWING FOR TAX EVASION AND PROVIDE HAVEN TOWARD COLLECTION OF REQUISITE TAX LIABILITIES NON OFFICIALLY REGISTERED AND LICENSED ENTITIES....
rcookie says():JUST ONE OF THE BENEFITS OF THIS PROCESS OBVIOUSLY TO MAXIMIZING DENERAL BUDGET REVENUES THAT WILL ONLY INCREASE EVEN FURTHER WITH THE CONTINUED REDUCTION OF IMPORTS WHICH LEADS DIRECTLY TO THE REDUCTION OF DEMAND FOR FOREIGN CURRENCY....
rcookie says():HE NOTES THAT THE SUCCESS OF THIS DEPENDS ON PROPER EXECUTION OF MONITORIN AND VETTING ACTIVITIES TO ENSURE ELIMINATION OF FALSIFIED ACTORS AND DOCUMENT VIOLATIONS....
rcookie says():HE NOTES THE RSOLUTION ALLOWED FOR 4 MONTH GRACE PERIOD WHERE CUSTOMS BROKERS TO HEAL AND ESTABLISH JOPINT STOCK COMPANIES WITH EACH OTHER NOT RECEIVING PENALTIES FOR IMPORT/EXPORT ACTIONS CONDUCTED BETWEEN THESE JOINT VENTURE COMPANIES AND NOT INDIVIDUAL PERSONS...
rcookie says():AND CONCLUDES THAT THIS IS A CAREFUL AND CONSERVARIVE WAY TO BEGIN THE ADMINISTRATIVE AND ECONOMIC REFORMS WITH THE FOUNDATION OF THESE COMPANIES WITH THE OTHER REFORMS TO FOLLOW SUCCESSIVELY...
angus says():so are they speaking as the 4 months are past?
angus says():ed I guess so....allowed
angus says():so the time is now to beging the administrative and economic reforms...
rcookie says to angus():CORRECT..PAST TENSE..
rcookie says to angus():24-07-2016 03:56 PM Roandzi: Abadi will provide a list of seven ministers to the House of Representatives and the process of selection of ministers is not easy
The Minister of Culture and Tourism and Antiquities, Faryad Roandzi, Prime Minister Haider al-Abadi, will present a list of candidates of the political blocs to become vacant cabinet positions to the House of Representatives.
He Roandzi in dialogue with the Patriotic Union of Kurdistan, which belongs to 'Cabinet resigned now are seven ministers and some ministries and I think that survival Haghara will not last long, and the prime minister will submit the list to fill in the blanks, but the process is not easy, even in the selection of ministers.'
He added that the 'Parliament's position is very difficult and non-uniform about this subject, some of Prime Minister demanding alter the list of independents and others are determined to be ministers replacements nominated by the political blocs to which they belong, but I think that the prime minister had met these blocs which is in the process of choosing ministers through these blocs'.
He pointed out that 'the second phase after the filtration stage is to convince the parliament and I think that the parliament will probably vote but not a comfortable majority,
because there is a significant objection to the government the situation some people are demanding the resignation of the entire government and some times talking about the resignation of the three presidencies,
so the list to be provided by the prime minister may I will not pass through a regular, but I do not think that fill these voids would be impossible and I think that parliament will eventually pass this list if a majority is comfortable. "
And the existence of the position of the Kurds towards the process of appointing new ministers, Roandzi said, that 'the seven ministers who resigned are not from the Kurds, except the Minister of Commerce,
but it is not from the Kurdistan Alliance bloc, but from the Iraqi National Bloc Eyadr Allawi's bloc so it is up to Allawi if they want to participate in the the government in the selection of a site for this,
and there are three of the ministers are from the Sadr movement and two cabinet ministers of the Supreme Islamic Council and the Minister of Badr bloc, a minister and interior minister of the mass of independent and Hohasin Shahristani '.
The Abadi issued last Tuesday bureaucracy orders accepting the resignation of six ministers are: Minister of Oil, Minister of Transport, Minister of Construction and Housing, Minister of Water Resources, and Minister of Industry, as well as the interior minister.
Abadi Wednesday also approved the resignation of the Minister of Higher Education and Scientific Research, Hussain al-Shahristani, the remaining seven ministries vacant.
rcookie says to angus():CBI ALLOWS FOR SOB'S IN BAGHDAD AND PROVINCES TO SELL DOLLAR TO TRAVELERS...
rcookie says():AUCTIONS AT $149 MILLION...
rcookie says():Abadi adviser: Financial will issue bonds worth five trillion dinars to pay dues of contractors and farmers
Author: HH, ZJ Editor: BK, HH 24/07/2016 13:29 Number of Views: 555
Long-Presse / Baghdad Affirmed the financial advisor to the Prime Minister Haider al-Abadi, on Sunday, the Ministry of Finance will issue bonds to pay five trillion dinars dues Contractors, amounting to about seven trillion and six billion dinars to pay the remaining amount of other bonds subject to coverage by law the budget for the next year in 2017,
and while noting that it will include farmers who delivered their crop of grain to the Ministry of Commerce did not collect their dues for the period from 2014 to 2016, it pointed out that the payment will be 100% for strategic projects and 50% of the other.
He said the appearance of Mohammed Saleh said in an interview to the (long-Presse), "The benefits Contractors unpaid of around seven trillion and six billion dinars to meet physical completion ratios varying contracting projects completed with the government,"
noting that "the government has adopted a specific mechanism for the payment of those benefits include payment 100% for strategic projects, which amounts to 80% completion percentage and more, while 50% will be paid to those below the percentage completed for 80%. "
Saleh added that "the benefits will pay a government bond issued by the Ministry of Finance and managed by the Central Bank of Iraq on behalf of the government," noting that "the duration of the bond of three years from the date of issuance annual interest rate of 5%."
He continued financial advisor to the Prime Minister, that "the bond issue was worth five trillion dinars," pointing out that "the rest of the dues will be paid other bonds provided coverage of the law next budget for the year 2017".
He stressed favor, that "farmers who handed over their cereal crops to the Ministry of Commerce for the years 2014- 2015 to 2016, and did not collect their dues, Ciecmlon in that settlement," explaining that "can beneficiary of the government of Sindh to keep it or mortgaging or transferring ownership, as well as his opponent and turn it into a criticism means off the central bank if they wish so. "
The Council of Ministers, approved in the (14 June 2016), the launch of dues contractors by 50% of the total dues down first, and to report the implementation of the first chapter of the general budget in 2016 for the House of Representatives.
The Council of Ministers decided in the (19 April 2016), the formation of a committee headed by Minister of Planning and the membership of the Iraqi Central Bank Governor and advisers economic and financial to the Prime Minister and the agents of the finance and planning ministries,
holds the structure and controls the completion of the distribution of Contractors benefits through government bonds the process of developing , to submit its recommendations to the Prime Minister for approval within a week.
rcookie says():Besides the regular Cabinet meeting on July 19, 2016
Cabinet agrees to lend to industrial, agricultural and residential projects
Author: Editor: AZ 24.7.2016 19:54 Number of Views: 5 Long - Presse / Baghdad announced that the Ministry of Justice, on Sunday, approval of the crisis cell of the Cabinet to lend to industrial, agricultural and residential projects, while suggesting to take over the Ministry of Finance to "take precautionary measures to ensure the lack of any manipulation,"
confirmed the identification of ownership transfer fee in the estimation of real estate. He said inform the ministry in a statement received (range Press), a copy of it, "Prime Minister 's Office, issued based on the recommendations provided by the Ministry of Justice instructions (lending to industrial, agricultural and residential projects),
and included lending conditions and the adoption of the assurances given by the Iraqi banks deliberative meeting the recommendations." the statement added that " the Council of Ministers face a letter to the Ministry of Finance, to ensure the decisions of the crisis cell in its meeting held on (6/27/2016) , "
noting that the courses included " the adoption of the action plan and to require specialized banks adopting the stomach plan by the Higher Committee for loans Central Bank of Iraq. "
The statement noted" the adoption of the assurances given by the Iraqi banks deliberative meeting recommendations , "pointing to" take over the Ministry of Finance , represented by banks and its subsidiaries and the Department of real Estate Registration to take precautionary measures to ensure non - occurrence of any of the types of manipulation. "
And called on the Ministry of Justice, according to the statement to "adopt applicable in the departments of real estate registration controls for the purposes of determining the ownership transfer fees in the estimation of real estate, mortgage subject with the addition of 30% on the value of the land only,
with respect to commercial real estate and (10%) with respect to residential property on that does not exceed the estimated value of any property on the market price prevailing at the time of appreciation, "referring to" the adoption of these mechanisms as collateral in connection with mortgage loans granted by all banks, and does not do any directives in conflict with these recommendations. "
The statement continued, that "for the bank on request additional collateral in the event of the need for it, according to the rules of procedure for each bank and the validity of the Board of Directors," pointing out that "the resolution contains many points that will help facilitate the procedures in this regard, and checking on lending mechanisms to keep public money and so that the largest number of entrepreneurs from the funds allocated for this purpose will benefit. "
rcookie says():International Alliance: We got the information Daash computers will help us to stop the flow of insurgents
WASHINGTON - Iraq Press - July 24: revealed the international coalition, all he found on the 'About Me treasure "of a hundred thousand items in computers that have been seized from the militants (Daash) in Syria, noting that it will provide a picture of a " clear and important "about the nature of the organization and develop a plan to stop the flow of foreign militants in the area.
A spokesman for the international coalition, Col. Christopher Garver, during a press conference held today at the headquarters of the Ministry of Defense (Pentagon), " The information obtained by the alliance of more than a hundred thousand items kept in the computers were confiscated by the Syrian local and coalition fighters in Syria, will provide a clear picture of interest in developing a plan to stop the flow of foreign militants in the region. "
He said Garver, that " the digital information which is estimated at more than four terabytes, also reveal how the organization Daash form a structured leadership so that it can control every day life facilities fully armed men, of religious practices to the educational aspects of the tax collection and management of central services , "
noting " the Almalot also revealed how Daash entrench the principles of the doctrine of the organization in the minds of the young by rewriting the curriculum language of hatred towards the two do not agree with his approach installer in his teachings."
former director of the US Agency for defense intelligence, Michael Flynn, said in ( the 14th of July 2016), that 80 percent of the material contained in laptop computers that have been seized from the organization (Daash) of pornographic films. Q ended