Millionday Monday Night News 8/10/15 Part 2 of 2
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Millionday: NOTE -- REMEMBER THE ANNOUNCEMENT FROM THIS WEEKEND THAT THE ECONOMIC FILE WILL BE FIRST IN THE REFORMS --- REPORT
Millionday: NOTE -- THIS REPORT IS SHOWING HOW IRAQI PRODUCTION IS GOING TO BE FUNDED TO BEGIN
Millionday: Hussein al-Tamimi Tgb president of the National Business Council of Iraq said that the central bank initiative to allocate 5 trillion dinars to finance the sectoral banks step on the road to revitalization of the production process in the country, but this step requires adjusting mechanisms and priorities of the ratio of financial operation between these banks.
Millionday: NOTE -- THE NATIONAL BUSINESS COUNCIL PRESIDENT IS SAYING THAT THE 5 TRILLION IS NOT THE RIGHT RATIO -- AS THIS WILL TAKE FROM OTHER PRIORITIES
Millionday: and the Chairman of the Board David Abdul Zayer that define the mechanisms of lending came within the government program of economic reform and support for the private sector,
noting that the ratio of 80 percent of the allocation equally between industrial and agricultural banks it needs a pause quality during which determine the ratios according to the actual need of each sector,
pointing to the importance of the revitalization sector Industrial production class basis on the agricultural sector, the percentage goes to the production aspects of specialized food industry for its importance in achieving food security.
Millionday: NOTE -- THE AMOUNTS DESIGNATED FOR FOOD PRODUCTION IS IMPACTED WITH THAT FIGURE AND IT SHOULD BE EQUAL
Millionday: He stressed Zayer the importance of the exclusion of agricultural activities, which included agricultural initiative so they can be allocated percentages to the food industry and based on local raw supplies in order to reduce imports of such Goods which drains hard currency.
productivity of industries and between Zayer in an exclusive interview with Sabah aspects of the allocation for the agricultural sector, which includes agricultural crops converter such as canning fruits and vegetables and Industries jams, putty and dairy industries animal from poultry, fish and meat all canned kinds of wealth and massacres factories except animal husbandry.
Millionday: NOTE -- FOOD NEEDS FOR THE COUNTRY (NOT BEING MARKETED ETC) SHOULD NOT BE IMPORTED AS MUCH AS CALCULATED FOR IN THE RATIOS --
Millionday: NOTE -- NOTICE THIS IS TALKING ABOUT THE RETURN OF IRAQ`S ENTIRE PRODUCTION ETC
Millionday: Stressing the importance of the production industries are dependent on agricultural products and crops and livestock as raw materials for its industries and financing of mills and silos grain storage and Falbat rice and exception financing everything that went to agricultural initiative such as agricultural mechanization, sprayers and livestock and agriculture in general.
With select Zayer funding priorities of the old industrial enterprises for the purpose of replacement of production lines and development but the one which is under construction takes into consideration what permits by the Industrial Development and by import of goods readings regarding food except as stated in the Agricultural Bank, and
Millionday: NOTE -- THEY WANT TO USE SOME PRODUCTION LINES FOR OTHER PRODUCTS THEY CAN SELL IN THE GLOBAL MARKET
Millionday: construction materials and medicines under the roadmap set by the Commission and approved by the Industrial Bank to meet local needs and mitigation of import and limited to food projects primarily Baby food needs.
And on the construction materials noted the importance of supporting the priority lending to the construction industry and the requirements of modern building materials and packaging procedure of the homes of metal and electrical industries of the Ministry of Electricity requirements of materials and equipment for the purpose of reducing import and that can be manufactured in Iraq and electronics industries.
Millionday: NOTE -- THEY WANT TO IMPORT WHAT THEY CAN NOT PRODUCE AND CREATE AS MUCH REVENUE AS POSSIBLE THROUGH THE GLOBAL MARKET AND CHANGES IN WHAT IS IMPORTED INTO IRAQ SO PRICES ARE LOWER ETC
Millionday: He suggested President of the Council need to be most industrial projects distributed in special industrial zones and new industrial cities for the purpose of correction to grant the loan procuring approvals from the municipality and the environment departments and the purpose of protecting the borrower from getting into trouble with those circles.
regulation housing was addressed to the ratios housing sector pointing to the need to stop the housing indiscriminate financing and conversion of agricultural areas to the residential slums under the loans granted by these institutions and
Millionday: NOTE -- THE GOAL IS TO NOT OVER LOAN AS WAS DONE IN SOME COUNTRIES -- SMILE
Millionday: only lending to the beneficiary of this loan just who buys a dwelling unit residential investment projects that are within the investment law for the purpose of the organization of housing and the organization of the procurement process and marketing of these projects and in a way a regular because it has approvals from the basic design and contain infrastructure and ensure that Ncae new slums in cities without services and sizes reasonable and Sharing lending to the formal private housing.
Millionday: SO THE FIRST GOAL THEY WOULD LIKE TO SEE IS LOANS FOR MULTIPLE HOUSING UNITS AS THEY REBUILD --- NOTICE THE INVESTMENT LAW REFERENCE
paul-o: …5 trillion dinars to finance the sectorial banks step on the road to revitalization of the production process in the country, but this step requires adjusting mechanisms and priorities of the ratio of financial operation between these banks. What does, “but this step requires adjusting mechanisms” mean??
Millionday: THIS MEANS THAT THE AMOUNTS THAT WILL BE LOANED TO EACH SECTOR NEEDS TO REFLECT THE % THEY EXPECT TOWARD THE GDP AND SECTOR AND MARKET GROWTH WITHIN THE RATIO OF THE LOAN PLAN LAID OUT AND APPROVED BY CBI ---
Millionday: THE AMOUNT IN NEEDS TO PRODUCE THE DIVERSITY THEY WOULD LIKE TO PRODUCE FROM THE INVESTMENTS
Millionday: INK ON WHAT I SAID ABOUT US FINALLY SEEING THE WORLD ANNOUNCING IRAQ`S PLANS ETC
Millionday: A follow-up the morning received the reformist decisions announced by the Prime Minister Haider al-Abadi Echoes extensive coverage in the media and the Arab world are not limited to analyzes of detailed package of reforms and what it represents of the prospective change in the course of the process of change and reports ;
but that some Western media promised that decisions Abadi-backed religious authority and the Iraqi street as a "historic turning point and a turning point" for the path of Iraq and the end of the era of "post-2003".
Millionday: NOTE -- IT IS EVERYWHERE AS EXPECTED YEARS AGO DURING DISCUSSIONS ---THAT CHANGES WOULD BE IN THE NEWS WHEN IRAQ WAS REFORMING
Millionday: In the newspaper "New York Times" yesterday's first Sunday said Maria Vantapi analyst at issue Iraqi group "International Crisis": "We now see the end of the Iraq post-2003."
Vantapi who visited Iraq recently and said it "felt the presence of a large public grievances among Iraqis who have a growing sense of confidence in the political class."
US newspaper promised that "al-Abadi proposals, which included creation of governmental changes and open old corruption cases represent a reflection of the mandate, which he got from the demonstrators and religious authority Ali al-Sistani."
Millionday: and the newspaper "Al-Qabas" Kuwaiti title: "Abadi packed against corruption .. and exam in parliament." , said: "packages Iraqi Prime Minister Haider al-Abadi ordered him and took the fateful decisions in the reform and the fight against corruption file the Iraqi scene has been turned upside down," and continued,
"Al-Qabas" The government threw the ball reform in the court of parliament, which will be in front of a big exam in the ratification " .
Millionday: SO IT SEEMS THE MEDIA HAS BEEN REPORTING ---- REFORMS -- WHOOOPOW
Millionday: I SAVED THE BEST
Millionday: READ EVERY WORD
Millionday: Rashid vote, the House of Representatives today on the papers of government and parliamentary reforms, while politicians urged the political blocs to take serious positions of reforms in order to evaluate.
Parliament Speaker Salim al-Jubouri announced, presided over the session, a meeting of leaders and representatives of the political blocs and the heads and members of parliamentary committees on Monday that the parliament session tomorrow (today) will include "discussion papers Aslahitin and vote on them together, including Tdmanh to see reform of the existing situation in the country",
noting that "the Iraqi people is who has the lead first to support the new reform stage through peaceful democratic practice that marked the awareness and commitment and responsibility ".
Millionday: NOTE -- VOTE --- TODAY MEANING TUESDAY
Millionday: NOTE -- IRAQ PARLIAMENT IS VOTING ON THE REFORM PACKAGE TO GO THROUGH WHILE YOU SLEEP TONIGHT OR WHEN YOU WAKE
Millionday: NOTE -- INTERNATIONAL NEWS SHOWED IRAQI MARCHING CITIZEN STATE THAT GOV OFFICIAL THAT VOTES AGAINST REFORMS FOR THIER COUNTRY NEEDS TO BE PUT TO REST
Millionday: He said al-Jubouri, "Parliament was keen to meet all demands advocated by the Iraqi people in order to build a state on the basis of correct and in contact with the services that feel the citizens need to be met",
warning that "the reform project is not easy, but is a long project needs to be concerted efforts and consolidate attitudes not only of the political blocs, but of state institutions also whether by the government or the presidency or the Council of the Judiciary and the House of Representatives on more heavily, including attributes of the legislative and supervisory powers to the follow-up paper government reform. "
Millionday: NOTE -- PARLIAMENT AS A WHOLE IS STATING THEY ARE FOR THE REFORMS
GrannieAnnie: Could the rate raise be in that Reform Package?
Millionday: THE VALUE OF THE DINAR AND THE INTERNATIONAL EQUATION RESULTS AND RATES ARE ALL RELEASED BY CBI -- NOT A SET REFORM LAW AS THESE WILL CONTINUE AS THEIR VALUE COULD RAISE ETC
Millionday: WHOOOPOW GREAT NEWS