Millionday Roundtable 11/10/14 Part 2
Welcome to dinarupdates.com for Roundtable with Millionday!
Millionday: NOTE -------------------------2014---------------------------
Millionday: She Daini told "The budget in 2014 will come in the form of financial statements to the amounts spent by the government for a vote by the House of Representatives,"
noting that "everyone knows that the 2014 budget was mostly spent on military operations and the amounts spent on projects or the purchase of arms and the salaries of the popular crowd will be sent on the form of data and are voted on by the Council without that there will be a thorough discussion.
Millionday: NOTE -- THEY DID NOT CANCEL THE 2014 BUDGET --- THE TITLE WAS STRANGE BUT WHAT THEY DID WAS CANCELED PROJECTS OUT OF THIS BUDGET (OPERATIONAL) AND WILL APPLY TO 2015 –
SOME DID NOT READ PAST THE TITLE WHICH IS ALWAYS A GOOD IDEA
Millionday: She said, "We are waiting for the arrival of the budget in 2015 on the 25th of next December, and this is considered late and should come budget in October beginning or this November beginning, because the discussion need to be more than two months for the ratification has not finished the month of April or May before the next. "
Millionday: NOTE -- MOST ALL COUNTRIES ARE WORKING ON 2015 NOW SO THEY WILL NOT BE ABLE TO MOVE REVENUES AND EXPENSES TO 2015 YET
Millionday: Daini confirmed that "grades and handed the new salary budget Christolan to Iraq in 2015 with the passage of a financial crisis and the inability of almost Thviza been to quite a few ratios by deleting most of the projects that were on the 2014 budget."
They pointed out that "Iraq will go to put the tax system and the adoption of the principle of tariff as well as the promotion of agricultural, industrial, service and tourism sector and the lack of dependence on oil only, because the financial crisis that we experience is due to the dependence on oil and falling prices," asserting that "there will be a new economic strategy Iraq during the next phase.
Millionday: NOTE -- THERE ARE MANY CHANGES TO THE 2015 DUE TO THE CHANGES IN THE 2014 AND THE FINANCIAL CRISES WILL BE PASSED FOR THAT BUDGET AS IT SAYS HERE WHOOOPOW ----
AND AS WE SEE HERE SOME OF THE HUGE CHANGES THAT WILL HAVE TAKEN PLACE BY THAT BUDGET AND SO THEY FIND IT IMPOSSIBLE TO PREDICT WITH THESE CHANGES OBVIOUSLY BUT –
AS FAR AS US -- WE LOVE SEEING THAT IS OCCURING THIS YEAR
Millionday: READ THAT LAST SENTENCE
Millionday: "THERE WILL BE A NEW ECONOMIC STRATEGY DURING THE NEXT PHASE" -- WHOOOPOW
diagy303 Millionday: The oil and gas sector are the foundation for the republic, do you think we're waiting on those laws/budgets to be passed
diagy303 Millionday: “The oil and gas law is the main gate to the passage of the founding of the Federal Council of the oil law, and without it you can not establish the Council,” pointing out that “the Council when formed will contribute to the development of the oil industry and end all differences and draw the oil policy of the country.”
Millionday: NO -- I DONT THINK WE ARE WAITING ON ANYTHING BUT CBI
Millionday: THE HCL IS AMENDED AND IN PARLIAMENT
Lulupulu: When does the next phase start ?
Millionday: WOW HOW WE WISH WE HAD THAT DATE -- SMILE
Millionday: THEY USE THAT TERM AND NO ONE LIKES IT
Millionday: REMEMBER THEY HAVE ANNOUNCED THEY ARE WORKING ON IMPLEMENTING THE ECONOMIC REFORM
Millionday: Also included on tomorrow's meeting agenda, according to the statement, "The first reading of the draft labor law, and the second reading of the draft law on ratification of economic and trade, scientific and technical cooperation between the Government of the Republic of Iraq and the Government of the Republic of Armenia Convention on the Law,
and the second reading of the draft accession of the Republic of Iraq to the international railways in the Arab Mashreq agreement Annexes and Protocols to it, as well as the second reading of the draft law of the Ministry of Health.
Millionday: NOTE -- SECOND READING OF ECONOMIC AND TRADE LAW -- ACCESSION TO INTERNATIONAL RAILWAYS
Millionday: NOTE -- THIS WILL ALSO BE DISCUSSED
Millionday: He had been killed and wounded dozens of soldiers, mostly from the province of Diwaniyah in Saqlawiyah and Alsger Anbar province at the hands of terrorist Daash gangs after a several-day siege, while This is the second incident of its kind in which a large number of soldiers, where hundreds of soldiers were also killed on the kill in the hands of terrorists Daash Speicher base in 12 of last June.
General Commander of the Armed Forces, Haider al-Abadi has ordered book warrants regiments negligent.
slh5282: so it appears they are moving faster on these laws and the banking and eco laws are key to the success, agree?
Millionday: YES I DO AGREE - THEY ARE MOVING FAST WITH ALL OF THESE LAWS
Millionday: CBI IS THE KEY - HOLDS IT AND CONTROLS IT
Millionday: ON THE GLOBAL LIST OF CENTRAL BANKS IT HAS ANOTHER ADDRESS FOR CBI AND WE HOPE THEY ARE MOVING ALL OF THAT -- SMILE
Millionday: BRB WITH MORE
Millionday: NOTE -- NOW ASK YOUR SELF WHY WOULD THEY NEED TO DO THIS ?
Millionday: Association confirmed the private banks, on Monday, the private banks are willing to finance small and medium enterprises, stressing that those banks grew by more than 15% in the current year.
The executive director of the Association of Abdul Aziz Hassoun told / information / A "on the government and the Iraqi Council of Representatives legislation law of Iraqi banks,
which is one of the important laws regulating the work of private banks and development, especially as they need to be real and effective support and especially the Iraqi Central Bank on its affairs.
Millionday: NOTE -- WE HAVE THE BANKING LAW
Millionday: Hassoun said "private banks willing to contribute to the financing of small and medium-sized enterprises, because of their large financial assets after increasing financial deposits in, and she works to promote trust between the customers and the banks in civil transactions funded projects and the granting of loans."
Iraq has 56 banks, six of which government is Mesopotamia, rational, real estate, industrial, agricultural, trade TBI, and 30 regional banks and 20 Arab or foreigner.
Millionday: SO WHAT WE HAVE IS THAT THE PRIVATE BANKS ARE WILLING TO FUND THE OPENING OF BUSSINESSES --GREAT NEWS
Millionday: END OF REPORT
pinsetter: can you define private banks as it relates to Iraq, thanks
Millionday: THE PRIVATE BANKS ARE NOT OWNED BY THE GOV AS DEVELOPMENT BANKS OR THE OLDEST BANK IN IRAQ THE BANK OF AGRICULTURE ---
THE PRIVATE BANKS ARE OWNED BY PRIVATE INDIVIDUALS OR INVESTORS AS HERE
Millionday: HERE WE GO -- READ THIS VERY CAREFULLY -- WHOOOPPOW
Millionday: Confirmed Iraqi Prime Minister Haider al-Abadi, said his government is proceeding with its program to rotate the wheel of the economy towards the private sector by encouraging investment in the country.
According to a statement issued by the Prime Minister's Office responded for "Twilight News", that Abadi received this evening (Sunday) and the World Bank delegation,
which represents the main headquarters in Washington and the Regional Office for the Middle East and North Africa and the IFC in the Middle East and North Africa and the Office of Iraq.
Millionday: NOTE -- THE MARKET ECONOMY -- SMILE
Millionday: The statement added that "Abadi stressed the role of the bank hoped to achieve Mansabo him in our government program to shift towards the private sector and encourage investment movement, referring to the role of the World Bank during the last ten years in support of joint ventures with the Iraqi government and the private sector."
Millionday: NOTE -- THE PRIVATE BANKS ANNOUNCED AND AGREED TO FUND AND HELP PRIVATE BUSINESSES
Millionday: ONE THING WE SEE IS PROGRESSS AND THAT WE LIKE HUGE PROGRESS SO TONIGHT WE WILL SEE MORE ON THE WORLD BANK LOAN AND KNOW THAT IS NOT TO STORE
Millionday: The statement continued that "the Executive Director of the World Bank, Hassan Mirza readiness of the World Bank to support the development process in Iraq, and the role is expected to support Iraq in the completion of projects and encourage the private sector, and expressed confidence in the ability of the Iraqi economy to advance and overcome all the challenges due to the Iraq possessed of natural and human potential.
Millionday: WHOOOPOW -- ECONOMIC REFORM --- NO OTHER WAY TO SEE IT
faith1: so if i was an Iraq citizen and i went to the private bank to open a donut shop, they would lend me the $ (a wheelbarrel of IQD) but if i wait to a betterday ,, for reality rate,, lhey loan me a fist full,, ??
Millionday: NO -- THIS IS AFTER THE REFORMS
Millionday: THIS IS THE ANNOUNCEMENT OF THE ECONOMIC ADVANCEMENT OF IRAQ /REFORMS
Millionday: OK THANK YOU ALL FOR COMING TO ROUNDTABLE AND WE WILL MEET YOU HERE AT 730 EST TONIGHT