Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Tuesday Evening Chat 8-9-16 Part 1 of 2
firefly_ says():U.S. DEPARTMENT of the TREASURY U.S. Bureau of Engraving and Printing
Modern Money The New Notes U.S. Currency History News FAQs
Introducing the New $20, $10, and $5!
America’s currency is a statement about who we are as a nation. Our modern money honors our history and celebrates our values. Building on tremendous feedback from Americans across our country about the theme of democracy, the Treasury Department will create new design concepts for the $20, $10, and $5 dollar notes.
david334 says to rcookie():rcookie the fact that Jabouri is vindicated is the checkmate Abadi was positioning for>
_firefly_ says():Jabouri is a good man !
JETSET says():well a check mate means a win ---- so lets celebrate! turn on the currency and you will have a real party!
cricket22 says to _firefly_():YVW :)
david334 says to _firefly_():Yes and now his power the basis of unchallenged leadership. ..... But what do i know back to the jobs boards. I would prefer a drill into my skull.
_firefly_ says():A drill in the skull? Now That would be a turn of events :D
rcookie says():SOME OF THE CHARGES WERE ACTUALLY AGAINST JABOURIS BROTHER,,
_firefly_ says():According to print that is correct
rcookie says():ALL LAWS ARE AMENDED AND REVIEWED ON ONGOING BASIS...THERE HAS NOT BEEN REDUNDANCY IN ANY LAWS PASSED EXCEPT INVESTMENT LAW...WHICH WILL BE REVISED TO REFLECT LAND PURCHASING BY FOREIGN ENTITIES...
cobalt says():Mr rcookie when will you and the big 3 bring another exciting newsime...........?
rcookie says to cobalt():TOMORROW..
rcookie says to jimplants():JIM DID YOU SEE THE KARBALA CITY REPORT...
Okie Dinar says to jimplants():(y)
bibi says to jimplants():(y)
jimplants says():yes sir and not a single cess pool to be found awesome news
rcookie says():Central loans and difficult equation
Author: Yasser incumbent 8/10/2016 0:00 Facing developmental loans launched by the Central Bank of Iraq, amounting to more than six trillion dinars to finance projects of various kinds difficulty in reconciling their development goals and challenges faced in Altniv.kev?
Movement witnessed in the economic arena and of Bakdalorh illustrations of the mechanisms of implementation and targets organized by think tanks and agencies specialized segments of covered spawned a difficult equation which I have.
While the central bank initiative aimed at achieving developmental goals in the forefront of the revitalization production and service sectors , and the resulting address the unemployment crisis and reduce dependence on imported goods to reduce the depletion of foreign exchange and moving the market domestic product, highlighting the problem of implementation of fears legitimate non - recovery of loans and thus miss the target.
these concerns pushed for tighter exchange mechanisms which are legitimate also applied for guarantees looks absolutely impossible and this forms is based equation.
this dilemma is at the heart of direct delayed and slow lending , which is contrary to the goal of achieving an accelerated growth to stop the economic decline witnessed country. On the other hand if you go amounts of loans to non - targets is another problem,
one of the challenges are the implementing agencies of defaults concerns a problem list, this problem another node in the speed of lending.
I think those concerns are legitimate because it bears the loss of money and its goals allocations?
Touched during my participation in these seminars, workshops and most recently a workshop organized by the Higher Committee for lending to such forums advantage of significance being shed lights on the major challenges facing both sides of the equation the lender and the borrower.
She drew my attention signal from a specialist on the repayment period and the rate of interest as the profit rate globally seven percent , so how the borrower to achieve viability and the signal received by the Supreme Committee chaired Aestbrq thorns and the presence of the President of the advisory board and promised to study them.
recap Thread slow implementation and fears remain difficult equation under the legislation need modernization and the need for more important to deepen the culture of law and to impose his authority and others remain equation is very difficult and the program is threatened by failure.
jimplants says():their camels are in a nice row covered in PURE GOLD
rcookie says():Economist: the need to work with international standards of banking sector reform
8/10/2016 0:00 BAGHDAD Shokran Fatlawi require current stage development of the banking sector through a commitment to the directives of the Central Bank aimed at promoting the mechanisms of action of private banks in line with the movement of global development in this sector leading in the economic process of Iraq
and in this regard noted member of the World Union of Arab Bankers, Samir Abbas Nasiri, to the need to address the reform of the banking sector with the support of the Central Bank and to take decisive and quick decisions to correct all the negative tracks, to address the imbalance in the banking business and restore the public 's confidence to deal with the banks and achieve the central objective of increasing the savings ratio to calculate the proportion of the compactness of monetary mass.
He suggested Alnasiri need to begin development of information and banking technologies of modern technology in all its forms, with an emphasis on disclosure and transparency of financial statements for banks and customers
as well as to amend the laws governing the banking business in accordance with the requirements needed, accompanied by the adoption of new financial monetary policy lead to comprehensive reform and restructuring of the banking sector government and private , let alone put contexts and mechanisms for coordination between fiscal policy and the executive.
Electronic control said on activating the supervision and control of pre - emptive and electronic banking in accordance with the preparation and issuance of instructions and regulations guiding implementation of new and start procedures strategy of the Iraqi Central Bank for the year 2016 - 2022 will be the impetus to the process of economic development,
as well for the development and construction of clear mechanisms in which the private sector to actively participate and which will be capable of recent converts to the active partner and the leader of the market.
rcookie says():Alnasiri called to the importance of focusing on increasing credit and finance, soft loans and activate hiring deposits in the aspects of investment and reconstruction, as well as the development of information and banking technologies of modern technology with focus on disclosure and transparency of financial statements for banks and customers,
accompanied by instructions and mechanisms that contribute to the development of human banking resources and special expertise and banking cadres mode, pointing out that these proposals together would contribute to the stability and development and reform of government banking and private sectors.
financial collapses Alnasiri pointed out, the importance of developing a plan to address the financial collapse experienced by some private sector banks due to lack of current liquidity conditions and harmed financially and physically , especially in hot areas affected by terrorism and the development of new criteria for the classification of private banks ,
according to the international standard of standards and reconsider controls selection of members of the boards of Directors and Commissioners and define the duties of the Council planning and non - interference in the executive management of the banks and to focus on economic specialization and banking experience of members indicating that reducing the number of members and the adoption of advisers and experts , bankers specialists will supplement the board and management executive with advice and expertise,
provided that the nominated by the Central Bank of Iraq in coordination with the Association of private banks Iraqi. economic fluctuations and noted it and to bypass the banking sector problems faced by most of the private banks which could face government banks in a future phase,
work earnestly required by the Central Bank of Iraq and the Finance Ministry in collaboration with the economic Commission of the Council of Ministers and the Association of private banks to go to study and analyze business and financial indicators results for the banking sector of Iraq,
and focus on deposits, liquidity and financial position, capital and reserves and revenues of domestic and foreign banking operations and profits earned , and more importantly, the economic outlook for the continuing repercussions of the financial crisis experienced by the country during the years 2016 - 2017 in the light of the changes and the global economic volatility.
and the importance of involving experts bankers in the private sector, and benefit from their experience and reports of the World Bank, about the overall financial situation in the country to get out of the outcome of important decisions to save the Iraqi banking sector from collapse by assigning point of auditing neutral operate according to international standard criteria for determining the efficiency of the performance of each bank,
rcookie says():pointing out that in the light of the assessment results according to the standards adopted are rated private banks in the areas of capital investment and operating cost of operation and activity funding, investment and liquidity ratio and capital adequacy ,
and the development of services provided to customers at the forefront of technical development according to modern banking systems, as well as in light of the damage that has borne the banks because of the terrorist acts and debt troubled payment.
classification of banks and with respect to rating banks said Alnasiri possibility categorized into three first orders of large banks include the size and financial good funding situation, while the second includes medium - sized banks and put financial position average and capable of evolution ,
while the third on banks that suffer ranked include weakness in the banking activity and falling levels of liquidity in which to minimal with less than 5 percent of the total deposits and real capital of less than 250 billion dinars and distressed debt has more than 50 percent of the paid -up capital and expenditures higher than revenues.