Millionday News 12/13/13
[millionday] needless to say we have some confusing news tonight the first thing we have makes so little sense in the position they are in and let me show you why -- so this is going to be a little confusing but lets read it --- imo -- at present condition --- hmmmm
[millionday] Often contribute to the policy of price support in activating the economic sector target , and sometimes gets confusing and clear operations in the balance between supply and demand in the local market and the resulting problems .
Alkhbayralaguetsada Dr. Jamil al-Dabbagh said that the adoption of the policy of price support bearing a direct impact on the movement of goods within the local market .
In line with economic trends , the presence of fixed prices outside the scope of supply and demand of the consumers and producers do not reflect the economic value of goods and services.
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[millionday] supply and demand is free market economy
[millionday] He said during his speech at an economic seminar attended by «morning « to address the issue of system support Price shows us a number of effects on the economy ,
which suffers an imbalance in its different sectors in the forefront of inefficiency in the allocation of economic resources as a result of the imbalance in the relationship between the triangle formed by the costs of production and prices ,
and where support that leads to excess width of subsidized goods , it leads to inflated demand through low-priced subsidized goods and thus the loss of the standard rationalization of consumption or use.
[millionday] rationalization of consumption is the calculation of what they think will be needed
[millionday] they use experience and past sales and season etc
[millionday] huge >>>>>>>>>>>>>>>>>>>>>>>>> He was among the al-Dabbagh in an interview that the price support does not represent the fact that the forces of supply and demand that result in real economic price based on real costs .
Therefore, the application of price support system resulting logistical problems . Or what we call not to balance the market and perhaps the most important of which is that the subsidized prices for real Aasaha give signals to consumers.
Indicating that the level of current consumption to Aaoizi level of real consumption . In light of the economic prices , the mouthpiece of the interaction of the real forces of supply and demand on the state of a commodity or service in light of the market economy .
wmawhite] millionday .sweet
[millionday] so they are moving to a free market economy so they are trying to explain the pricing and also set pricing -- very sweet as in wow
millionday] He noted that the problems arising in the market under the price support system application such as placing low prices for fuel , which leads to a scarcity of formal presentations . Because of the wastage in use and thus the emergence of the black market .
What applies to the fuel also applies to consumer goods like commodities or production of food or other supplies industrial or agricultural production .
While that such imbalances have existed since the previous era and still continues to support policies such goods or supplies productivity but more distorted
[millionday] He said the price support carries a lot of economic and social changes resulting from the adoption of the policies of the literal and the different methods of central planning , which was followed in the former socialist countries .
He pointed out that the variables can be classified as totals for the first of the factors related to the policy of price support itself organically with contradictory economic policies and factors relating to the categories or target groups to apply policies of price support .
millionday] note --- one of the steps of moving to a free market economy or entering the globe with pricing (reality) is the introduction of the new pricing and the explanation to the shop owners etc
millionday] the confusion we are seeing as they are reporting here is a very very good sign -- they should be confused there is more
[millionday] The price support policy must be coupled with the strengthening of institutions and activate the social system and pension funds to ensure install the purchasing power of salaries of social groups within these categories , which Stffersha operations within the structural reforms, privatization of the Iraqi economy .
As well as to establish an effective mechanism to reduce inflation to all segments of society , especially the low-lying entry categories and utilize the process of international donations to alleviate its social effects .
[millionday] so the thing is this -- they are trying to introduce the new pricing policies -- now if this means on the street or if this means coming ahead ----it is still very good
[ROBINREDHED] i agree
[millionday] so lets keep looking --- but oh honey this is good -- we should be seeing this with progress -- so this is very good brb with more
faith1] trying to introduce to the shop owners ? How can they help them understand except with a new / reality rate ?? wouldn't that splain ??
[millionday] faith1 change is always hard when it involves money and the fear of loss
[millionday] Called academic economic d . Majid Baidhani responsible parties to abide by the law , financial management and public debt in relation to plans for economic development and stabilize the economy because of its importance in the order of things the country's economic and determine the creditors and debtors to organize the general budget of Iraq .
[millionday] The Act regulates the financial management of public debt and 94 of 2004 tax policy and budgetary policy in line with international best practices , and through the development stages of the Organization for the drafting of the federal budget and the number of reports required for the purpose of increasing the reliability and transparency of the budget.
He added Baidhani told ( morning) that this law comes to issue government bonds and the payment of the public debt for the purpose of supporting government funding and promotion of confidence the economic structure of the country ,
as well as being designed to improve the conditions of life and create jobs and reduce unemployment , and the accompanying damage to public security , by finding a stable financial markets
[millionday] this is the >>>>>>>>>>>>>>>Call for application development plans in accordance with the Financial Administration
[millionday] . pointed out that economic academic and the Ministry of Finance is the official body charged with preparing the final account and federal budget plans for economic development and the pursuit of macroeconomic stability and economic policy and applicable laws and regulations .
He pointed out that the preparation will be required to ensure the observance of the desire to strengthen the financial position of Iraq , and reduce the volatility in government spending , pointing out that the preparation of the budget ,
in particular based on forecasts wise and moderate prices of petroleum and petroleum products , tax and customs revenue . The Ministry of Finance to prepare plans in collaboration with the Central Bank and other ministries
[millionday] note -- the call for the development is very exciting with what we just read a few minutes ago of course
[millionday] This law regulates the procedures that govern the development , adoption and registration , management and implementation of the general budget of Iraq and things related to it , which includes the loan and public guarantees and internal control , accounting and auditing ,
and the principles of transparency , inclusiveness and harmony are essential when creating and implementing the federal budget for Iraq and things related to it, where it should be published according to budget information internationally accepted standards and provide a way that facilitates the analysis and enhance confidence .
[millionday] He Baidhani to the final accounts and the importance of timely submission for the purpose of scrutiny by the competent authorities , but Iraq has witnessed a state of confusion is clear in the completion of the final accounts for the previous year .
The final accounts are intended as actual revenues and actual expenditures for the fiscal year ended , and the final account differs from the general budget in the general budget includes estimates of the uses and resources .
[millionday] as we can imagine with a change such as expected from Iraq -- they have very little to use to compare and calculate ----this would create a problem
[millionday] so the final accounts would be so confusing when they are trying to apply past with reality and policy brb with more
[millionday] MPs have confirmed that 65 thousand degrees and careers is not sufficient to solve the problem of unemployed Baghdad Muhannad Abdul Wahab Collect MPs that the number of grades in the budget next year , will not solve the problem of unemployment in Iraq ,
stressing the need to activate the role of the private sector , creating visions of a new economic launched by the Ministry of planning to contribute to the absorption of manpower ,
stressing that the issuance of legislation relating to labor law and social security , and the activation and processing investment law and to support industrial and agricultural sectors , factors that will eliminate unemployment significantly.
[millionday] The draft budget for the next year in 2014 , pointed to the provision of 65 000 degrees and careers , in a move aimed at reducing the problem of widespread unemployment in Iraq ,
a matter which he considered parliamentarians , a step in the right direction , but they can not eliminate unemployment entirely . and saw the unemployment rate in Iraq increased significantly in the past years , was accounted for ,
according to the head of the Central Agency for Statistics and Information Technology Mahdi Keywords , through a statement last September , amounted to 12 percent of adults aged 15 years and older , indicating that the rate of 8 percent witnessed the Kurdistan region
millionday] note -- so social security -- industry -- and labor laws yes i agree it will help in unemployment