Millionday News 2/2/15 Part 1
Welcome to dinarupdates.com for news time with Millionday!
Millionday: OK LET ME SAY THIS -- HUGE DIRECTION IS COMING OUT OF CBI -- THE TRANSLATIONS VARY SO MUCH THAT WE ARE NOT GOING TO RIDE THE ROLLER COASTER AND CONTINUE AS WE HAVE AND WATCH THE ACTION AND THE INK
Millionday: SO AS FAR AS THE TRANSLATION -- IT IS BLOCKED FOR THE NEW UPDATE AND THEN WE HAVE MANY ON-LINE WITH MANY TRANSLATIONS -- NOT MY CUP OF TEA --
Millionday: SO HERE WE GO WITH WHAT IS GOING ON IN THE NEWS
Millionday: raise the proportion of deposit in private banks is most interested in the goal of economic affairs for his role in the activation of economic activity and employment in small and medium enterprises service,
especially that the budget did not include aside investment commensurate with the size of the project, in conjunction with the There is a need to speed up the approval of the Deposit Insurance Law, which is the most important incentive to encourage the saved money into private banks.
Millionday: NOTE -- THIS IS AN EXTENSION ON INSURANCE PRODUCTS FOR BANKING FOR CITIZENS AND THOSE THAT ARE ENTERING AS WELL
Millionday: economist Muhammad Ali Jaber said in an interview for the "morning" that the goal of banks employ the money in various business for profits necessary, investigating the economic feasibility the citizen and the World Bank and the local economy in general.
He added that the adoption of the Deposit Insurance Law works to encourage citizens and businesses to deposit what Ictnzn of money in the banks, where there will be legal guarantees for their deposits do not fear them of any emergency gets to the bank,
Millionday: NOTE -- STABILITY IN CONFIDENCE IN ORDER TO DEPOSIT FUNDS -- NICE
Millionday: , pointing out that it would do the civil work of banks and makes it heading towards the adoption of cutting-edge technology that promotes its products through a sophisticated and reliable banking services adoption globally, noting that the activation Alastmari sector needs a sophisticated and large flexible banking services in the deal.
He said this measure will compensate lack of financial allocations for investment projects in the federal public budget approved Thursday last.
Millionday: NOTE -- THIS IS PART OF THE BUDGET WHICH OBVIOUSLY INCLUDES PROJECTS AND THE INSURANCE IS ALSO INTERNATIONALLY COMPLIANT
Millionday: He Jabir that the money supply storehouse in homes exceeding $ 20 billion, according to specialists estimate that a large number can contribute to the achievement of sustainable economic development and doubles when invested properly and make capital cycle are locally.
He was among the envelope going through the Iraqi economy requires that the Iraqi public and private banks for changes in the pattern of activities through the development of budgets ameliorative next phase responsive and goals of the government program,
which seeks to speed up cross-deflation process by placing the court to examine and analyze all the stalled projects and speed up the rehabilitation of these projects as well as
Millionday: NOTE -- THIS IS A RUSH APPLICATION SO THAT THE BUDGET CAN MOVE FORWARD AND ALSO THE GOV PROGRAMS -- HUGE WHOOPOW
Millionday: plan reduction of interest rates on credit and change the pattern of investments where we believe that any activity, whether domestic or foreign must begin in the banking sector as Head of investment instruments as a tool that any investment relationship established between Iraq and Arab and foreign countries start by banks.
As Chairman of the Securities Commission d. Abdul-Razzaq al-Saadi said: that the economic reality of the country requires work to speed up the pace of economic reforms and the direction of the legislation package of legal reforms, notably the deposit guarantee law, which in turn is an introduction is necessary to spread a favorable investment climate, as the reforms will work on
Millionday: NOTE -- THE ECONOMIC REALITY OF IRAQ REQUIRES THE SPEED UP IN THE PACE OF ECONOMIC REFORMS AND LEGAL REFORMS AND BEST OF ALL THIS APPLICATION OF THE PROTECTION OF BANKING FUNDS -- WHOOOPOW
Millionday: the development of all the business because it made smooth high in the implementation of projects. Hence the start when the urgency to face all these challenges and risks on the basis of a review of the way we work and the performance of public and private institutions alike.
He had said Saadi said the area in front of us no longer spacious to waste more opportunities that we need to compensate in a new phase of serious attempts in all directions and as soon as.
Millionday: NOTE -- THEY ARE URGENT TO MOVE ON REFORMS AND ADVANCEMENT IN ALL DIRECTIONS --- LOVE IT
Millionday: While the specialist in economic affairs Jassim Al Aradi importance of adopting the Deposit Insurance Act, which would turn the cluster of large cash from homes to small, medium and large projects,
pointing out that he will promote the products of the banking sector and make it more sophisticated, especially when international investments that come with heads big money to country and need to be flexible in the process passed,
as some banks began experiments achieved great successes and evolve gradually and supports advanced products.
Millionday: SO AS WE SEE THIS IS A HUGE PART OF GAINING CONFIDENCE IN BANKING AND ALSO A STEP PLANNED IN THE BANKING REFORMS --
Millionday: UNDERSTAND THAT MANY COUNTRIES ARE COMING TO BEGIN CONTRACTS AND PROJECTS OF ALL KINDS SO THE US DOLLAR IS NOT THE ONLY CURRENCY INVOLVED IN THE NEED OF EXCHANGE DURING THIS CHANGE
tootsie: Ty, I thought the insurance for financial accounts was already in place, similar to our FDIC , last year??
Millionday: THIS IS FOR SAVINGS AND IS INTERNATIONALLY COMPLIANT TO ALSO INCLUDE ALL INVESTORS THAT ARE COMING INTO THE COUNTRY
Millionday: Minister of Construction and Housing Tariq Kikhany: A new amendment to the instructions of lending from the Housing Fund Department of the Ministry enable the beneficiary to choose one of two methods to collect loan payments.
He Kikhany in a press statement, that the first method is the payment of the loan in two installments by the Fund and received The first batch of 80 percent of the loan amount to the beneficiary after the end roofing stage and the second installment in the amount of 20 percent of the loan amount be delivered at the completion of the beneficiary acts finishes which include water, electricity, windows and poured floors and put door frames and complete whiteness.
Millionday: NOTE -- OBVIOUSLY IT WILL BE VERY HARD TO CONTRACT A BUILD THERE AND MUCH FUNDS ARE NEEDED FOR EXPENSES
Millionday: He added that the second method is the payment of the loan in three installments, the first installment in the amount of 35 percent of the loan amount when complete Albathelo stage and the second batch of 45 percent of the loan amount when the beneficiary complete roofing stage third installment in the amount of 20 percent of the loan amount when the beneficiary finishes complete the stage, too.
Millionday: NOT THAT ADVICE IS NEEDED BUT IT SEEMS THE SECOND WOULD BE BETTER -- BUT ACCORDING TO THE NEWS THAT WE ARE LOOKING AT –
THE STEPS HAVE BEEN DEVELOPED AND THEY ARE OBVIOUSLY RELEASING THE QUALIFICATIONS FOR THE LOANS IN BUILDING PROJECTS --- HUGE STEP FROM WHERE WE WERE AND WHERE THEY ARE
Millionday: HERE IS VERIFICATION OF THE CONTRACTS BEING INCLUDED IN THE BUDGET
Millionday: Finance Committee announced that the budget in 2015 included the installation of the contract-holders who went on to serve three years in all state departments,
indicating that "the contracts to install permanent staffing" is completely different from the new functional customizations.
Finance Committee member Hossam punitive, said in a statement singled out the "morning" that "the budget include the installation of contract employees in all ministries on the permanent staffing of those who went on to serve three years," noting that "the installation of the contracts is completely different from the new grades.
Millionday: NOTE -- SO OBVIOUSLY THESE ARE PROVISIONS FOR LONG-TERM CONTRACT HOLDERS
Millionday: He added that the installed decades is far from allocated to the new grades, calling on the Ministry of Finance to speed up the development of functional degrees to install workers in contracts with the previous service calculating them from the contract period for the purposes of retirement,
promotion, and MP, said the Ministry of Education got 4,000 degrees and careers and the Ministry of Justice to 1000 degrees Sunni and Shiite 1,000 degrees, and other ministries and endowments such as planning, water resources, youth and sports to 200 degrees.
Millionday: SO WHAT WE SEE IS PAYMENT LEVELS THAT ARE INCLUDED FOR CHANGES THAT WILL OCCUR ACCORDING TO THE NEW PRICING INDEX OR AT LEAST THE ONE THAT WILL BE USED IN THE REFORMS THEY ARE HUSTLING TO MOVE FORWARD WITH
vanessa123: MD, I was reading RT and didn't understand a couple of things. Are we looking at 30 days to get this completed, or is there no timetable?
Millionday: WE HAVE NO TIMELINE GIVEN -- WE HAVE ABADI ANNOUNCING THAT ON THE 12TH OF FEB HE WILL BEGIN THE STRATEGIES OF THE ECONOMIC REFORMS THAT HE HAS TO DO WITH IT
Millionday: I HAVE TO SAY IT WILL BE INTERESTING TO SEE WHAT COMES IN THE NEXT WEEKS -- SMILE
Millionday: HERE WE GO WITH SOMETHING FUNNY FOR YOU ALL
Millionday: Denied Vice President Nuri al-Maliki on Monday, seeking to return to the political scene again, despite frequent appearances in local media and the recent visit to Iran, stressing that he would not return to the post of prime minister, but if people request it.
Maliki said in an interview with The Associated Press US and seen by the (long-Presse), "I have no interest in reference to the inaugural post for eight years, unless the people demand it."
In reference to the post of prime minister, who gave up his claim after strong objections from the Iraqi political forces.
He denied al-Maliki, "his quest to return to the political stage again despite frequent appearances in local media and the recent visit to Iran."
Millionday: NOTE -- I WOULD HAVE TO SAY I WOULD STRONGLY DOUBT THE PEOPLE WOULD LIKE TO GO BACKWARDS -- BUT WHO AM I
Millionday: HERE WE GO WITH NEWS LOL
Millionday: A source in the forensic medicine province of Nineveh , Monday, that nine of the leaders of the organization " Daash "aerial bombardment killed south of Mosul .
The source said in an interview for "Alsumaria News", "The international coalition aircraft bombed a camp belonging to organize Daash hand bath amid fresh south of Mosul, which resulted in the deaths of nine leading organization Daash all Arab and foreign nationality."
Millionday: NOTE -- I WOULD NEVER CELEBRATE DEATH BUT GLAD TO SEE THEY ARE MOVING ON TO WHEREVER THEY BELONG
Millionday: The source, who asked not to be named, said: "The dead were holding a meeting inside the camp."
Referred to the Nineveh province has seen since the start of air strikes, the international coalition in Iraq and Syria raids on several sites to organize "Daash."
Millionday: SO AS WE SEE -- THE INTERNATIONAL COALITION IS TO THANK ---- SMILE
Millionday: 9 LEADERS -- WHOOPOW
Comments may be made at the end of Part 2 Thank You