Millionday News 1/23/15 Part 1
Welcome to dinarupdates.com for news time with Millionday!
Millionday: FIRST LET ME SAY THAT ROUNDTABLE HAS THE LINK AT THE END AND COMMENTS ABOUT THE SPEECH GIVEN BY ABADI TODAY AT THE ECONOMIC CONFERENCE
Millionday: IT IS VERY POSITIVE AND HE IS VERY CLEAR THAT THEY HAVE TO MOVE FORWARD WITH REFORMS AND THEY ARE IN NEED OF THE FOREIGN INVESTMENTS
Millionday: HERE WE GO WITH NEWS
Millionday: NOTE -- HE IS ASKING CBI TO KEEP IN MIND THE END POSITION EXPECTED FROM THE ADVANCEMENT OF THEIR ECONOMY AND LEAD IN BANK CONTROL --
Millionday: He added that it is the backbone and directed the President, and the practice of Proactive control, supervision and prevention in order to avoid falling into the errors that may affect the case of aggravation to damage the reputation of In general the banking sector and questioning effectively Central Bank in this regard.
Millionday: NOTE -- IN OTHER WORDS HAVE IT ALL READY TO BE A SUCCESS BEFORE AND NOT AFTER MENDING MISTAKES
Millionday: The relationship with the banks , said Handal told the "morning" that the central bank expressed interest in this subject "and seeks to rebuild the relationship with the banks on a new basis check the common interests of all parties through the consolidation of the concept of consultation and coordination and consolidation exercise the role of preventive censorship calendar
and focus on the key risks in the interest of real protection to the work of banks, which avoided falling into the adverse credibility caveats and then the reputation of the banking sector. "
Millionday: NOTE -- CBI HAS STATED IN RETURN THAT THEY ARE READY TO REBUILD THEIR RELATIONS WITH BANKS AND BE THE ONE THEY COME TO
Millionday: He said the issuance of a letter from the central bank thanked the governor, Dr. Ali Keywords Association on this important initiative, which reflect the desire of the Association in the development of the banking sector and the work of banks in Iraq through cooperation and coordination with the Central Bank of Iraq.
He Handal to take several steps to support this approach by saying: "We have taken a number of actions and decisions that support our approach, and we will continue with this approach, and we are still working to complete this half down to build a positive relationship strengthened the role of the banks. "
Millionday: NOTE -- THEY ARE GOING TO WORK TOGETHER SO THE ASSOCIATION THEY STATED WOULD BE BUILT HAS BEEN AS WE SEE -- AND THE GOAL IS THE RETURN OF TRUST IN THE BANKS
Millionday: jobs, jobs banks play a major role in the economy as the body which funds various projects, whether medium or small by providing loans to projects which contribute to create jobs or jobs which would reduce unemployment and provide additional incomes for families,
reinforcing steps Iraq's progress towards prosperity Alaguetsada.wabdt Association satisfaction with these statements about the initiative, especially as the country is undergoing a significant and near approving the budget and blessed CBI steps important in this regard.
Millionday: NOTE -- THE BUILDING OF JOBS HAS BEEN THE PROMISE WE HAVE SEEN EVERYWHERE STATED TO THE CITIZENS -- AND AS IT SAYS HERE -- CBI IS A HUGE PART OF THAT BY THE FUNDING OF THE LOANS FOR CONTRACTS BUDGETED ETC
Millionday: The government program and especially the false axis private Thirdly encourage the shift to the private sector and paragraph (d) thereof, which defines tracks and public mechanisms for the development of the banking business,
pointing out that they need to make great efforts of the relevant government agencies in the private banking sector to overcome challenges and obstacles to reform and development of the Iraqi banking sector.
Millionday: NOTE -- THE WORK THEY WILL DO IS TO OVERCOME ALL OBSTACLES TO REFORM AND THE LARGEST OF ALL -- PRIVATIZE
Millionday: pre-emptive censorship emphasizes the importance of strengthening the role of pre-emptive censorship to curb laundering and smuggling money experts, and develop a proactive plan to address the financial collapse that may suffer from some private sector banks because of the current circumstances
until surpassed by the year 2015, and argued the need to develop programs for continuous cooperation between the government and private banks with unification treatment of the parties
and to develop new criteria for the classification and evaluation of banks in the light of the financial indicators and measuring the efficiency of their performance and their role in contributing to economic development.
Millionday: NOTE -- THE POINT THAT THEY ARE ARGUING IS INTERESTING
Millionday: He returned Handal to acknowledge that the Association in constant contact with the central bank During her seminars and workshops designed to develop the banking business,
reminding that the most recent The symposium (brainstorming about the performance of the Iraqi economy - the possible options)
which was attended by Minister of Planning and Salman Jumaili and Director of the Office of Prime Minister Mahdi Keywords and representatives of the Iraqi Central Bank and Ministry of Finance and Investment Authority and economists and the Association of private banks in Iraq, which has participated as a speaker president in the event .
Millionday: NOTE -- THE BEGINNING STARTED WITH WORKSHOPS WHEN THEY ANNOUNCED THEY WERE MOVING FORWARD IN STEPS -- THE FIRST STEP WAS THE WORKSHOPS
Millionday: NOTE -- I TOLD YOU TODAY I WOULD HAVE THE LATEST ON THE BUDGET -- THIS IS WHAT I HAVE FOR THEIR MORN TOMORROW
Millionday: Al-Sabah said the House of Representatives decision Niazi Ihsanoglu, the Finance Committee has asked the Presidency of the Council of Representatives granted four more days to complete all the observations on the federal budget in 2015 draft.
He Ihsanoglu's (Center Brief for the Iraqi Media Network IMN): "The Chairman of the Committee Ahmad Chalabi told Presidency of the Council of Representatives Committee needed four days to complete all observations of the draft budget law to submit to the presidency of the Council the middle of this week.
Millionday: "He explained Ihsanoglu that" the Presidency of the Council of Representatives will be presented the bill to a vote as soon as received the final report of the Finance Committee,
"pointing out that" the presidency pushing toward speeding up legislation of the law to support the security forces and displaced persons, "the Finance Committee .ozkrt earlier she put clauses in the draft budget hopes the inclusion of the Kurdistan region of taxes.
Millionday: SO THE TAXES FROM THE KURDS ARE THE REVENUES AND FROM IRAQ WILL BE AS WELL --THEY HAVE ALSO STATED THAT THEY WILL BILL FOR UTILITIES
Millionday: NOW KNOW THAT AT THIS SAME TIME ABADI IS MEETING WITH ALL OF THE UN AND ALSO GIVING A SPEECH INSURING THAT THEY ARE MOVING FORWARD WITH BUDGET -- SO THIS WILL NOT GO OVER WELL AT ALL
Millionday: THEY ARE ASKING FOR 4 MORE DAYS -- THAT WOULD MAKE IT THE 29TH
Pablo: They are 'asking' for four more days, what if they say no?
Millionday: LOL -- I WOULD SAY THEY WOULD TAKE IT AS IS OR FORCE THEM TO WORK ROUND THE CLOCK -- THEY HAVE MADE THEM WORK AROUND THE CLOCK BEFORE
misterq: Wasn't 4 days in the plans any way???? Or is it 4 days from next Tuesday????
Millionday: NO IT WAS TOMORROW
Millionday: OH YOU ARE RIGHT THAT WOULD BE THEIR TUESDAY MORN
msdiva: MD what are your thoughts on the Dollar rising and does he have anything to do with the IQD
Millionday: IT IS SHOWING SOME CHANGE IN THE MARKET WITH IT RAISING AND IT HAS BEEN SAID THAT MANY CURRENCIES ARE RAISING -- AND ARE EXPECTED TO RAISE UP TO 3.2 THIS YEAR DURING THE FIRST HALF
Millionday: IT MAY HAVE SAID DURING THE YEAR FOR THE GLOBAL CURRENCIES IN THAT REPORT BUT THAT IS A GREAT AMOUNT
mrref1216: exactly the dinar is not a global currency
mrref1216: no effect
Millionday: MS DIVA THAT WAS IN A REPORT OF WHAT WAS EXPECTED OF IRAQ`S RAISING GROWTH IN THE FIRST HALF -- AND THE IMPACT
Millionday: THAT IS A GREAT POINT SO WHY WOULD THEY ASSUME THAT THE IMPACT OF CONTRACTS ETC WOULD SHOW A RISE IN THE CURRENCY UNLESS IT WAS EXPECTED TO BE INTERNATIONALLY RECOGNIZED –
I WONDER HOW THAT WOULD BE WITHOUT A MARKET ECONOMY ? –
AND I SAY IT WOULD NOT BE WITH THE COMBINING OF PRIVATE AND FOREIGN COMPANIES IN THE SPEECH BY ABADI AT THE CONFERENCE
Millionday: HERE IS THE PART HE SAID IN THE SPEECH CONCERNING IT >>This means encouraging foreign and domestic investment, expanding and creating large and small businesses, and ensuring that government supports, not stifles, the private economy.
We are moving from a state-dominated system to a more vibrant mixed economy.
We are privatizing key sectors, exploring public-private partnerships, and entering more joint ventures with international companies.
Millionday: WE ARE -- SAYS A LOT
maine: just because they are asking for 4 more days doesnt mean they will get it does it?
Millionday: NO IT DOESNT AND IT DOESNT MEAN THEY DONT HAVE IT NOW -- IT IS JUST A REPORT
misterq: Wasn't it only 2 times they could delay???
misterq: The Budget!!!
Millionday: YES I THINK IT WAS
ol lar: Sczin says we always get news a day or two late ,so the request for 4 more days could have been on wednesday for all we know, I saw no dates in the text
Millionday: I AGREE -- IT MEANS NOTHING TO ME AS FAR AS THE BUDGET HAS COME AND WITH THE PRIME MINISTER ANNOUNCEMENT AT THE CONFERENCE I AM NOT WORRIED –
IN MY OPINION HE WOULD NOT ANNOUNCE IT WAS IF IT WASNT AS FAR AS WHAT THEY ARE DOING
Comments may be made at the end of Part 2 Thank You