Post From KTFA By aggiedad77 Tuesday Afternoon News Summaries
Iraq uses airplanes to urge people in remote areas to participate in the elections
"Boss....da plane...da plane"........so if they have to use airplanes to try and get people in remote areas to vote.....one...how are these folks going to get a voter ID card....and two.....
how are they going to be expected to get to a voter polling center....some might need to leave now to make that trek...and the training that goes with this card.....will that be pulled behind the plane on a banner. I'm sorry but this article leaves more questions hanging than it answers.
Read More Link On Right
Assertions of the importance of the stability of the currency in the economic advancement
So some are calling for action that will cause the value of the local currency to rise.....with patience this should be witnessed from the actions that the CBI has been taking.....
the article also points to private banks should be lining up with the CBI to assist in development and reconstruction of all economic sectors within all provinces.
These private banks especially those that continue to raise their capital limits above that which is set by the CBI are the types of banks that can aid most in the recovery through their financing and lending operations.
All banks need to continue with their modernization efforts to be able to offer the most up to date instruments for their customers.....all banks are also strongly encouraged to continue increasing their capital much like Gulf Bank has done by raising capital to 850 billion dinars.
Expenditure policy is not consistent with the Millennium Development Goals
It is claimed that Iraq is not really moving forward year after year with their budget process.....most of the process stays the same, only the numbers change.
Ok, now I have to ask this...by show of hands....who knew that Iraq has Millennium Development Goals.....
these affect areas like Health and Education....while attempting to diminish the disparity between sexes and minorities I would presume.....well as you can see these are not high on the budget radar screen at this point in time.....
other things like security, growth, infrastructure, reconstruction....etc....are taking front seats of the bus at this time.....a dean of economics suggests they should prepare a budget for 2 years so they have plenty of time to enact things....my only problem with that is....look at the struggle to get a 1 year budget passed.
Region opposed to the export of 400 000 barrels per day
I would be objecting too if I were a Kurd....400,000 barrels of oil a day is way more than they have produced and with the volatility of their pipeline to Turkey.....
one well planted bomb could shut that down for 48 hours easily....and a number of these events will quickly add up to significant down time for them....this is one of the areas that still has no agreement between both sides as of today.
Saadi: SWFs promote public sector companies
Interesting but difficult article to decipher....about public sector production companies and how they need to focus on being joint-stock companies in such a way to lend a hand to the local economy....
.the State needs to sell companies in the form of shares that have been proven successful in their production and profitability.
They did mention countries like Jordan, Kuwait, Turkey, Romania, and Poland as possible places to study for models.....I'm not so sure about Turkey these days with their monetary issues.
Tube Basra - Aqaba 1700 km and will be implemented at a cost of major investment companies 18 billion dollars
In case you didn't know...a tube = a pipeline.....the new one approved to run from Basra through Jordan for about 1,700 km will cost just $18 billion dollars.....expected completion date is 2017......
funny how their math never seems to add up....it will be done in two phases....first a 300 km construction....then a phase two that is 1,000 km long.....300 + 1,000 does not equal 1,700 km......
Finance Committee published a report on the requirements of the reform of the banking system in Iraq
It's time to jump up and down....the Finance Committee published a report.....so this article announces...but it does not say one thing about what is in the report...
it is allegedly about the requirements of reform to the banking system in Iraq....I'm thinking here that the CBI probably did the lion's share of this report and allowed the Committee to publish under their name.....just so they don't look completely lackendaiscal.
Distribution of 143 billion dinars between 15 thousand farmer affected in Wasit
The Baghdad government allocated 143 billion dinars to be divided between 15,000 Wasit farmers that were affected by the flooding in the province last year.
Najaf grants year Visa for Foreign investors
The province of Najaf have approved one year Visa's for foreign investors....this is an attempt to lure more foreign investors into the area.
That's the news summary for this afternoon Randy