Millionday Roundtable 5/25/15 Part 1 of 2
HAPPY MEMORIAL DAY!
Welcome to dinarupdates.com for Roundtable with Millionday!!
Millionday: NOTE -- THIS WE MISSED BUT VERY IMPORANT -- WHOOPOW
Millionday: The parliamentary finance committee, revealed Wednesday, about the possibility of the use of the new currency of the class hundred thousand fifty thousand outside the country, saying it will increase the strength of the national economy, especially after the deletion of zeros.
Said committee member Abdul Qader Mohammed's / scales News / "The issuance of new categories of currency and a new edition can be used outside the country will increase the strength of the economy Aerava for possible use with import and export traders.
Millionday: NOTE -- THE TRADE OF DINARS OUTSIDE OF IRAQ COMING UP
Millionday: He said Mohammed "The new currency will enable the Iraqi traders to deal out for easy transport and trading," noting that "the more if I grew up and the small amount of cash currency increases the size of the turnout and handle them in the Iraqi market and external economy of the country.
This "declared the parliamentary finance committee member Masood Haider, for" the formation of a committee to study the issue of coins and categories of the fifty hundred thousand Iraqi dinars, stressing that these categories booting to remove zeros from the Iraqi currency in the future.
Millionday: SO THIS IS FOR THE MARKET COMING --OUTSIDE--OF IRAQ --HURRAY
Millionday: I AGREE WHOOPOW
TBolton: I am gun shy too. And I hate to be the one to ask..... but did they say when this would be implemented? When we would SEE/FEEL this internationally?
Millionday: THEY DID NOT IN THIS REPORT BUT WE HAVE OTHER NEWS WITH GOOD SIGNS --NO DATE
Millionday: PROGRESS IS WHAT WE SEE --
Millionday: NOTE-CBI ANNOUNCEMENT
Millionday: To / government and private banks all ( training course in "anti-money laundering and know your customer" )
To / all banks ( the mechanism of customs and tax trusts are met )
Millionday: SO REGULATIONS OF CUSTOMS AND TAX HAVE INTERNATIONAL COMPLIANCE
jdgriggs: There seems to be an endless parade of "new laws" happening and then happening again. Is there a way we can know (or guess) when enough is enough? A parliament is always considering and passing or rejecting new laws. Yes?
Millionday: HERE IS NEWS ON JUST THAT
Millionday: The MP said the coalition of state law nostalgia Qadu in a statement to / scales News /: "The emergency meeting, which was held in the presence of Parliament Speaker Salim al-Jubouri in the House of Representatives aimed at resolving differences over the broken laws and the possibility of reaching agreement on them and present them to vote at the meeting on tomorrow. "
Qadu He added that "there is a great opportunity for the possibility of the heads of blocs reach a consensus on the disputed laws for presentation in the House of Representatives voted on before the end of the current legislative work of Parliament.
Millionday: SO THEY ARE WORKING TODAY TO RESOLVE LAWS TO HOPE TO VOTE THEM ALL IN TOMORROW
larrykn: seems we are waiting to see what happens tomorrow ,, that should tell us how far we are away from seeing what we are all waiting for is that correct
Millionday: THAT IS SO VERY ENCOURAGING -- GOOD POINT
da58: Have you seen the articles out this morning stating the basket of laws vote is Thursday?
Millionday: I HAVE SEEN HCL FOR THURSDAY BUT NOW SEE EMERGENCY MOVE ON ALL LAWS
jdgriggs: Mt Goat mentions 2016 again in her post today. Any thoughts on that?
Millionday: I CAN ONLY BRING WHAT I HAVE HUN AND I DONT HAVE ANYTHNG SAYING 2016 BUT HAVE UTMOST RESPECT FOR ALL RESEARCHERS
poppy3 jdgriggs: LOOK AT IT LIKE THIS ? IF THE USA STARTED OVER AND HAD NO LAWS ON THE BOOKS HOW LONG YOU THINK IT WOULD TAKE OUR *** IN OFFICE TO FORM A NEW COMPLETE GOVERNMENT AND PASS ALL LAWS NEEDED TO OPERATE WITH PROTECTION FOR THE CITIZENS AND OTHERS WANTING TO INVEST THEIR BUSINESSES WITHIN OUR BORDERS.
KEEP IN MIND OUR *** IN OFFICE HAVE NOT PASSED ONE PROGRESSIVE VOTE IN 6 YEARS NOW. EVERYTHING THEY HAVE PASSED HAS ALL BEEN REACTIVE TO PROBLEMS ALREADY CREATED. POPPY3
TBolton: I thought it was mentioned previously that all of the laws that we needed were passed--- and all that was needed was a 'GO' from the CBI/GOI acting as one. So there's MORE that is needed, or is this just fluff?
Millionday: THEY WILL ALWAYS HAVE LAWS THEY ARE WORKING ON -- WE JUST NEED THE SPOT IN REFORMS THAT SEND THEM INTERNATIONAL--GLOBAL MARKET
Millionday: Approved Committee of the Council of Ministers of Economic Affairs on a series of resolutions that aim to activate the work of private banks through its support by government banks to ensure a smooth and easy banking transactions for citizens and businesses and move the Iraqi economy Ptkhalis of some routine restrictions.
Millionday: NOTE -- MOVING BANKING TO COMPLIANCE AND ROLES GIVEN
Millionday: A statement by the Deputy Prime Minister example, has typically Nuri Shaways, responded to Twilight News, that the Committee on Economic Affairs held its fourteenth session on 19/05/2015,
headed by Shaways Chairman of the Committee on Economic Affairs and the membership of the Ministers of Finance, oil, planning, commerce, agriculture and the Governor of the Central Bank of Iraq and the President National Commission for Investment Advisor to the Prime Minister for Economic Affairs and director of the Legal Department of the Office of the Prime Minister.
Millionday: NOTE WOULD HAVE LOVED TO BE A FLY THERE LOL
Millionday: The statement said that the committee discussed many topics of economic affairs in question and has taken several decisions, including the approval of the granting of public sector companies the option to deposit their money and open their accounts in private banks, as well as the deposit and the distribution of its employees' salaries by those banks.
Millionday: NOTE -- DECISIONS MADE FOR COMMERCIAL ACCOUNTS OPENED -- NICE
Millionday: It announced the approval of the gradual implementation of the deposit of employees and retirees of the Chambers of central funding salaries in private banks, taking into account the need to provide the branches of these banks so as to ensure the provision of services to the beneficiaries of this system, and make sure the conditions of banks in coordination with the Central Bank.
Millionday: NOTE --THEY ARE ENSURING ALL REGULATION ARE FOLLOWING CBI REGULATIONS AND HAVE COMPLIANCE
Millionday: It also agreed on the establishment of private banks issuing certified instruments and accepted by the government departments and public companies, with the bank's commitment to providing sufficient balances in their accounts with the Central Bank of Iraq and the lack of exposure, and otherwise the bears banks legal consequences, have been subjected itself to stop dealing with this mechanism.
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