Millionday News 8/24/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: GREAT NEWS TO SEE TONIGHT
Millionday: Prime Minister to start with some political and economic reforms supported by the House of Representatives and other proposals are in the same direction. And certainly are in the process to take its course to the implementation, it has not been implemented fate of Iraq unknown.
Millionday: NOTE -- I LIKE-- CERTAINLY ARE IN THE PROCESS TO TAKE ITS COURSE -- FINALLY
Millionday: Despite the great support of the Iraqi people and the Supreme good reference, but it is not permissible that do not observe strong resistance to these measures, by the people affected by those involved in the financial and administrative corruption, and beneficiaries from the previous situation, despite their agreement public on these measures, trying scaled and even discharged from their content by containing and conduct, as required by internal and external interests.
Millionday: NOTE -- THE PEOPLE ARE REPORTED TO BE VERY SUPPORTIVE OF REFORMS AND ARE EXPECTING ABADI TO MOVE FORWARD
Millionday: NOTE -- READ EVERY WORD OF THIS REPORT TO THE CITIZENS FOR TOMORROW TO THE CITIZENS
Millionday: It is noted that the overwhelming majority confirms that the arrival of Iraq to such a degree of economic and political deterioration was caused by sectarian quotas, political and administrative corruption and financial and the absence of the Constitution and the laws in force.
Millionday: WHHOOPOW>>>It is therefore in order to complete these reforms, it is necessary to apply the provisions of the constitution relating to the duties and powers of the government in the preparation and implementation of the general budget and linked to plans for economic development,
and provide the final accounts, revealing the cash flow, and the application of the law of financial management and public debt.
In order to control spending and follow-up and control it and the application of the principle of accountability, and to do so in a timely manner and precautionary, it is necessary to work on the use of modern technology and software in government accounts.
Millionday: NOTE -- ORDER TO APPLY THE CONSTITUTION THAT APPLIES TO IRAQI ECONOMY
Millionday: The exceptional circumstances through which Iraq require directing all financial, material and human resources to fight the terrorist attack and directing the remaining funds to cover operating expenses exaggerated and unjustified, and direct financial residue of the development process
Millionday: NOTE -- THEY HAVE FUNDS TO DEVELOP -- THEY ARE NOT CRIPPLED BY TERRORISM WITH NO HOPE
Millionday: No one doubts the importance of the government's attempt to reduce the salaries and other operating expenses related to Balriasat high-level positions in the state, including the abolition of the special provisions.
But a review of the size of salaries to state employees who reach up to 40 trillion dinars, according to information received from the Finance Committee in the House of Representatives, the basic salary for all employees not to exceed 11 trillion dinars, while the allocation amounts to 29 trillion dinars.
Millionday: NOTE -- CURRENT ADJUSTMENTS HAVE TO BE ACCURATE TO APPLY REFORM CHANGES CORRECTLY
Millionday: It is understood that these provisions have not been distributed fairly among the employees, under the quota system, nepotism and clientelism followed in the appointment system in functional positions.
Van Therefore a decision determining the total amount of allowances so as not to exceed the amount of the nominal salary of the decision, will lead to a reduction in the item salaries up to 18 trillion dinars expenses, and if it has been reduced higher grades salaries to achieve justice,
and the abolition of pensions for members of parliament and provincial councils and all local councils elected, with the cancellation of protections and cars for those who ended their service period, and return them to their former.
Millionday: The amount of savings will be up to 20 to 22 trillion or more.
Iraq is going through a financial crisis that never went through, and it must pay attention to the need for all classes of people carry this burden, particularly groups that have been orbits and Tdliha and Tervihaa previously.
Does the state have the right to make all their money in order to entertain the upper class of employees and deprive workers in the private sector of the financial benefits of the business that have been implemented, thus depriving their workers of their salaries, and corporate self-financing of their legitimate rights to receive their dues.
Millionday: NOTE -- REDUCING THE HUGE FUNDS FOR POLITICIANS TO HELP IN RETURN OF PRIVATE SECTOR/PAY/EMPLOYMENT ETC
Millionday: Certainly that the fight against administrative corruption and financial, is the cornerstone of achieving the government program goals in the reform, which received strong support from all popular forces loyal to Iraq,
and achieve victory over the forces of darkness and terrorism that have caused destruction to the Iraqi people and the Iraqi economy, which continues to make every effort and weaving all the intrigues in order to thwart reform measures dragging our beloved Iraq into the abyss of collapse.
Millionday: SO -- THE HOLD-OFF OF REFORMS DUE TO TERRORISM DOES NOT MAKE SENSE AT THIS TIME -- THE REFORMS ARE EXPECTED TO HELP IN THE ISSUES THEY SUFFER --
GrannieAnnie: So Abadi is not going to hold off on the reforms? I think there was an article earlier that said that he was going to.
Millionday: NOT ACCORDING TO REPORTS THAT I HAVE CONFIDENCE IN -- REFORMS ARE IN THE PROCESS ALREADY BY WHAT I READ
Millionday: He stressed Governor of the Central Bank of Iraq on the Keywords, Monday, that the current conditions are in place so that there is a reconsideration of the Iraqi financial system.
Keywords and said in a statement the "Ply News" that "the crises facing Iraq today, including the financial crisis, which reflected negatively on the economic imperative that there be efforts to confront and address them in accordance with the fast and accurate mechanisms and methods."
Millionday: NOTE -- CBI GOVERNOR SAYS THAT THE RIGHT TIME IS NOW
Millionday: Keywords and added that "the conditions are ripe to reconsider the financial system in Iraq through the state budget preparation,"
pointing out that "classified on the basis of operational and investment expenses is inaccurate tab punctuated by a lot of observations that give impressions and analysis is incorrect."
Keywords predicted that "the financial system contributes to the amendment to the financial correction process and put them on the right path, which develops the economy and makes it the most powerful arm in Iraq to create a live well for his children."
Millionday: SO CBI IS HAPPY WITH THE TIMING AND OBVIOUSLY THE GOVERNMENT IS AS WELL
Holly1: yesterday a article was out saying deleting the zeros and putting the 50 & 100 out .. they will wait til 2016 have you seen that ?
Millionday: I DONT EXPECT TO HAVE ACCURATE TIMELINES/SCHEDULE FOR THE PROCESS RELEASED –
SO THE REPORT DID NOT SHOCK ME BUT I DONT GIVE IT A LOT OF WEIGHT ON THE TIMELINE BUT WAS VERY EXCITED OVER THE PROCESSES BEING DISCUSSED ETC
Royal: Whos the CBI Governor and can he do the RV, thanks
Millionday: IN WHAT I SEE -- ALAK AND YES THE PROCESS OR JOB OF CBI CAN BE DONE DUE TO PREVIOUS CHANGES IN THE ABILITIES GIVEN
Millionday: MANY REPORTS GIVE NO NAME FOR CBI GOV --
Nadita: so they have done the amendments and corrections to the financial system and putting a new system in place? they are ready then, correct...?
Millionday: ACCORDING TO REPORTS I AM SEEING AND SHOWING YOU -- THE TIMING IS PERFECT OR AT LEAST RIGHT
Millionday: AND BEING ACTIVATED /APPLIED
Millionday: NOTE -- VERY INTERESTING INFO
Millionday: Yassin * in the midst of demonstrations in various Iraqi cities, and between ceilings slogans disparate and sometimes contradictory in other times, the Iraqi decision maker stands confused between what is needed and what is necessary at this critical stage.
Under the oil revenues decline again with another drop in world oil prices, and will have to therefore deepen the imbalance in the general budget, particularly with the growing steadily overhead, on the Iraqi street has to deal with demanding greater wisdom and realize the magnitude of the restrictions on the decision-maker.
Millionday: NOTE -- IT WAS AN OBVIOUS GOAL TO NOT HAVE A DEFICIT WHICH SEEMS TO BE OUT OF REACH DUE TO CIRCUMSTANCES THAT HAVE CHANGED WITH OIL -- TERRORISM ETC
Millionday: NOTE -- PROMOTION OF THE PRIVATE SECTOR LAUNCH AND GOVERNMENT/PUBLIC MUST BE BALANCED TO RESULT IN A HEALTHY ECONOMIC RESULT
Millionday: reform programs by one of the most important economic reform mechanisms agreed on the necessity of most of the Iraqi people, are the public sector reform and this necessarily mean the privatization of a wide range of public institutions,
it represents an integral part of economic reform programs because it represents a radical change of economic policies in order to mobilize domestic resources to achieve economic and social development by easing the burden borne by the state budget
and not be continued with the support of many institutions that have proven practical experience during the last years of their inability to keep up with the terms of the new market mechanisms,
and therefore public spending tab in more efficient towards strengthening the infrastructure that form the mainstay of the empowerment of the private sector from access to strategic projects to be the first yeast to create a competitive environment for the private sector and strengthen its role in the foundation get
Comments may be made at the end of Part 2 Thank You