Millionday Friday Night News 1/15/16 Part 1 of 2
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Millionday: Welcome to Iraq Finance 2016
2016 is a pivotal moment for Iraq’s strategic efforts to sustain economic progress and develop new financing opportunities.
The country’s government is facing up to the long awaited structural and administrative reforms which, when implemented, will reveal the immense investment potential in an economy poised for expansion.
Iraq’s economy is proving to be remarkably resilient, demonstrated by the increased focus on providing security and promoting transparency
Millionday: NOTE -- THIS IS A PROCLAMATION FROM IRAQ FOR THEIR ECOMONIC FORUM -- THERE IS ALOT OF INFORMATION I AM GOING TO SHOW YOU
Millionday: The country is opening up for privatisation and is offering new opportunities for foreign direct investment across the industries, particularly seeking international partners to modernise its financial services infrastructure.
In addition, as the country is becoming less dependent on the oil revenues, it seeks to establish new partnerships to deal with a number of urgent fiscal and political issues and fund infrastructure projects to boost the oil and gas, electricity and transportation projects.
Millionday: NOTE -- I WILL SHOW YOU MUCH MORE ABOUT THIS SO HAVE PATIENCE
Millionday: In an effort to open the market, demonstrate its commitment to development and attract investors, Iraq is set issue USD 2 billion worth of international bonds in 2016 under the World Bank guarantees.
The Iraq Finance 2016 conference gathers together all major stakeholders involved in directing the economic development of Iraq towards greater growth and stability.
Millionday: OBVIOUSLY THIS IS A HUGE FORUM PLANNNED THAT WE ARE GOING TO LOOK INTO
Millionday: HOWEVER --- IRAQ IS PRESENTING ITSELF THE FIRST PART OF MARCH TO THE GLOBE -- SPONSORED BY MANY INTERNATIONAL COMAPNIES -- INVESTORS-MASTER CARD -- MANY BANKS -- AND THE LIST IS LONG -- ALONG WITH KURDISTAN IN UNITY
thenextbigidea: Has there been any ink on what the bond offer might look like? Money wise?
Millionday: THERE IS ALOT OF INFORMATION OUT AND ALSO WITHIN THE BUDGET LAW -- OBVIOUSLY THE INVESTMENT LAW BEING PRINTED IN THE GAZETTE AND ALSO THE WORLD BANK LOAN BEING PART OF THE BUDGET -- THE AGREEMENT MADE WITH THE WORLD BANK AND IRAQ HAS BEEN MET
Tex. Millionday: Presenting in March,,,,,,,rv
Tex. Millionday: entering trade ??
Millionday: PRESENTING TO ALL STAKE HOLDERS IN MARCH THE EXPANDING ECONOMIC IRAQ AND ALL OPORTUNITIES AND AVENUES THEY ARE TAKING
Millionday: PRESENTING THE OUTSIDE INVESTING AND ALSO THE PRIVATE SECTOR
Tex. Millionday: could have rv before this ,,,,,thanks Milly
angus: Would they not need a true value before March?
Millionday: IMO -- I DONT HAVE A DATE BUT WITH INVESTMENT LAW AND BUDGET LAW COMPLETE -- AT ANYTIME THEY WILL PRESENT THE ECONOMY AND ALL REFORMS AS ANNOUNCED
Millionday: The Opportunity
Hear from the highest ranking Iraqi officials
Iraq’s banking and financial industry, risks and opportunities
Network at a high level
Discover new business niches
Seal deals with top decision makers
Millionday: SO AS WE SEE THIS IS NOT TALK -- IT IS FOR ACTION
Millionday: CBI WILL BE HOSTING
Millionday: Economy problems today in front of the need to know the terms of reference of these problems, and to how they can be met, and through the adoption of mechanisms and programs that enhance the performance of the national economy,
and the organization of contexts dealing with the functioning of the market and its needs, and with the plans that are linked to achieving the best results in budgets, and to reducing the deficit that may occur due to external to the will conditions ratios.
Millionday: NOTE -- THIS IS ABOUT THE MOVES TAKING PLACE TO ADOPT MECHANISMS AND PROGRAMS THAT WILL ENHANCE THE NATIONAL ECONOMY
Millionday: The success of the plan is the basis for operational for the success of the economic program, and that any real confrontation begins to identify the problems experienced by any economy, researchers have counted four basic Mchaclat linked to monetary policy , macroeconomics, which is inflation, unemployment, economic growth and finally the problem of organizing the budget and planning.
Millionday: NOTE -- FOUR THINGS THAT EXPERTS MUST PAY COMPLETE ATTENTION TO
Millionday: arise macroeconomic problems when the economy does not achieve the desired goals such as full employment, stability and economic growth. Unemployment is the result of lack of full employment, while inflation is a situation in which up to it when the economy fails to achieve stability,
which is usually the result of high demand or low largely on the total output in the economy and the decline of economic growth means that the economy is unable to achieve the desired goal of economic growth. Each of these cases is problematic because the community is the largest affected when it comes to the results of these problems.
Millionday: NOTE -- A COUNTRY CAN ONLY GROW SO MUCH WITHIN ITS OWN BORDERS -- OBVIOUSLY THE GOAL MUST BE MET WITH EXPORTING AND MOVING TO A MARKET ECONOMY SO LETS KEEP READING
Millionday: Unemployment is one of the fundamental problems in the economy, which is about the failure of production capable of elements and ready to produce goods and services from participating actively in the production process.
If we want to formulate the concept of unemployment in general is the lack of ability of the economy to achieve macro-economic objective of full employment.
We know the unemployment rate by comparing the proportion of people who have a job in those who do not have the function of the economy, but they are still currently looking to work for a job and people who are not in the case of job search is not currently included in the unemployment scale market.
Millionday: NOTE -- THE UNEMPLOYMENT RATES DO NOT INCLUDE ALL PEOPLES SO CAN BE MISLEADING AS THEY ARE POINTING OUT HERE
Millionday: PROPER PRICING >>>Inflation is also It is also the fundamental problems faced by the economy can be defined as high prices in the economy rate. In other words, inflation is the average of the significant increase in prices, as prices rise much more than the average,
and sometimes even fall much more than the average prices. And inflation is a fundamental problem because it generates other problems, including declining purchasing power of individuals in turn leads to a decline in wealth and standard of living of individuals
Millionday: NOTE -- THE SUCCESS THEY EXPECT DUE TO THE SANCTIONS THEY WERE UNDER DURING THE GLOBAL RECESSION IS HIGH AS IT SHOULD BE --
Millionday: NOTE --UNDERSTAND THIS IS WHAT IS REQUIRED BY THE EXPERTS FOR THE ECONOMIC REFORM
Millionday: In addition to the control of ambiguity on the long-term planning, particularly affected by the vulnerability buy durable goods and capital goods. Problems of inflation are also of income and wealth randomization between sectors of the economy and between the owners of the resources problem.
Millionday: EXPECTATIONS >>>>>>Tends inflation and unemployment to change with the change of the economic cycle. Sometimes form of employment is greater than the problem of inflation and vice versa at times inflation is a much bigger problem than inflation.
Together to see the relationship between inflation and unemployment and their impact on the economic cycle. Characterized downturn in the economy year, a decline in business activity where the aggregate demand for goods and commodities decline due to lower output, which means less jobs and widespread unemployment. On the other hand the boom year rise phase is characterized in economic activity.
Millionday: NOTE -- THE BOOM OF IRAQ`S ECONOMY IS EXPECTED TO COME FROM THE EXPANSION OF THE ECONOMY AND ITS REFORM -- WHOOOPOW
Millionday: At this stage, usually the total demand is higher and that means high production requires the use of human resources is the largest of any high employment rate.
The fourth problem posed by the budget, as linked to the organization of input and output, and the distribution of national wealth on the basis of ensuring adequate opportunities for development, and to meet government spending needs associated services and salaries of employees in state institutions, as wel
Millionday: NOTE -- A HEALTHY ECONOMY HAS THREE LEVELS -- HIGH -- MEDIUM ( WORKING) - LOW CLASS --- (RICH, WORKING, POOR)
Millionday: as securing the investment side as chock force operational side, as is the sponsor area absorb crises that may face rentier economy, because investment means stimulating energies, and secure the freedom of the market and trade, so as to ensure mobility away from Mhemenat Economy rentier and their references.
Millionday: SO OBVIOUSLY THEY ARE STATING THE IMPORTANCE OF A RENTIER ECONOMY >>>> a rentier state is a state which derives all or a substantial portion of its national revenues from the rent of indigenous resources to external clients.
Millionday: SO A MARKET ECONOMY IS THE RESULT OF THE PROBLEMS THEY FACE AS WE HAVE SEEN IN THE CONSTITUTION AND ALSO PLANNING AND REFORMS -- WHOOPOW -- IRAQ`S GOAL MAKES SENSE
puttright: I've been a working class, currently a poor class and ready to be a rich class........sorry MD because I truly love the news were hearing! Everything will be announced at once IMHO
Millionday: I AGREE - ALL AT ONCE IMO AS WELL -- I KNOW WE HAVE ALL HAD MANY CHANGES OCCUR DURING OUR TIME TOGETHER -- I AM READY TO MAKE IT ALL A MEMORY SMILE
Millionday: TAKE A MOMENT QUICKLY AND LOOK AT THIS LINK THAT WILL NOT COPY FOR US >>>>>>>>>>>>> http://iraqfinance.symexco.com/images/Approve.jpg
Nadita: Reading the above article.. looks like Iraq is ready to open its door
Millionday: THEY ARE STATING THAT THEY ARE PROMOTING IRAQ`S BUSINESS AND INVESTMENTS ETC
jwjd: the link that you just gave.. why would the letter be in English?
Millionday: BECAUSE I TRANSLATED IT
Millionday: THAT IS AN IMAGE OF IT
Tarrog1: would the earthquake over there make things even more urgent?
Tarrog1: or perhaps halter thing temporarily?
Millionday: I DONT KNOW
Millionday: I WOULD LIKE TO SAY YES THOUGH
Millionday: IT DEVELOPS NEED ON TOP OF THE EXISTING NEED
Millionday: MODERN STOCK MARKET
Millionday: Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam about the market's determination of the market's determination in the use of modern technology in the trading market revealed during the current year, while noting that this technology make it easier for those wishing to trade from home or company.
Millionday: NOTE -- ELECTRONIC USE OF MASTER CARD ETC IN ORDER TO INVEST
Millionday: Said Abdul Salam in a statement singled out for agency / JD / economic: to strive this year to the use of modern electronic systems in trading operations in the Iraqi market for securities Almalah.mbana market has more than one project has to do with an electronic system, the most important is to have a gate backs specialist to view data and make investors deal with this gate and inquire of them and explore them for shares in the market and on trading so that it can be performed to withdraw all reports of this gate.
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