Millionday roundtable 4/13/15 Part 2
WELCOME TO MILLIONDAY ROUNDTABLE AT DINARUPDATES.COM
Millionday: NOTE --- THIS IS FANTASTIC NEWS AND INCLUDES RESOLVE WITH REFORM -- TWO OF OUR FAVORITE WORDS
Millionday: NOTE -- A LITTLE MORE ABOUT GLOBE
Millionday: On the external front, the work of the Prime Minister on the restoration of Iraq's relations with the countries of the region and the world and regained Iraq historical stature dormant and saw a decline in the previous years,
and in accordance with the directives of the government in collaboration with the Ministry of Foreign Affairs has been taking steps enhance the openness of Iraq to the international community and the exchange of visits and international conventions commercially, economically and security.
Millionday: This is supported by, the government's success unrivaled in rallying the international community to support Iraq in its war Daash against terrorist gangs,
and visits to a number of countries and the presence of security and economic conferences for this purpose, and obtain guarantees to invest in Iraq and help the country in the challenges it faces.
Millionday: SO ABADI HAS RETURNED THE RELATIONS OF IRAQ THROUGHOUT THE GLOBE AND IMPROVED THEM -- AMEN ABADI : LOVE IT LOVE IT
SLH5282: iS THIS THE HCL READY FOR FINAL COMPLETION AND VOTING TO BECOME LAW AS WELL AS THE OVER ALL BUDGET?
Millionday: THEY STATED IN A PRESS STATEMENT THAT THE HCL WOULD BE ON THE AGENDA WITH THE FEDERAL COURT ETC ---THAT SAME DAY WED I WANT TO SAY
jeep: MD, What was the trigger that allowed the budget to finally be printed in the Gazette??
Millionday: I DON'T KNOW HUN -- I WOULD SAY BY THIS REPORT THAT THE AGREEMENT WITH KURD TROOPS AND ALL THAT THEY WANTED REACHING COMPLETION –
I WOULD EXPECT THAT IS THE REASONING BEHIND IT -- THE REPORT I SENT WAS THE WRONG ONE EARLIER BUT I HAVE IT HERE SOMEWHERE AND WILL FIND IT FOR US AGAIN
SLH5282: DOES IT HAVE TO GO THROUGH THE COURTS
Millionday: THE HCL DOES NOT GO THROUGH THE COURTS
1glen - Budget Question - It seems to me that 3-4-5 months ago there was something said something like once the budget is published in the gazette, it must be opened or implemented. Am I correct?
Millionday: IT HAS 15 DAYS TO BE SIGNED BY MY UNDERSTANDING BY THE PRESIDENT BEFORE THE PRINT AND I HAVE TO LOOK TO SEE HOW LONG BEFORE OPEN BUT THERE ARE DAYS LISTED IN THEIR CONSTITUTION OR RULE OF LAW
allinxpress Seems to me that we are in the flow of the process to change the rate. Seems that security and political issues are being handled and the economic train is moving.
Also , on the HCL , if the Kurds passed it in thier parliament, then we are this close to the GOI passing it. your thoughts?
Millionday: I THINK I COULD JUMP UP AND DO THE PADDLE WACK JACK WITH THIS LAST REPORT IF IT EXISTS -- BUT I SHOULD SAY -- YES EVERYTHING SEEMS TO BE GOPING ALONG VERY WELL WITH THE KURD AGREEMENT
CanTWaitwoRV just making sure I'm not wearing "deenar goggles"...the justice and accountability law and other important laws stated above were completed and passed?
Laws we've been waiting for years to be voted into law pertaining to security,stability and unification within Iraq?
Millionday: LET ME LOOK AT THAT EXACT SECTION -- BRB
Millionday: DO NOT MISS THIS PART EITHER WHILE I LOOK >>>>
and continue the three presidencies hold its regular meetings to coordinate and ensure the steps to implement the government program and document the agreement Political and create the success of the national reconciliation and re-national cohesion of state-building kits.
Millionday: LETS READ EVERY WORD ON THE LAWS TOGETHER
Millionday: This government has succeeded in completing a series of laws and regulations task that will achieve political stability and consolidate the reforms that are looking to her,
including the completion of the rules of procedure of the Council of Ministers and the project of the National Guard and the Justice and Accountability and the prohibition of the Baath Party and the Federal Court and the Civil Service Law and re-Law considering retirement law.
Millionday: WOW LET THAT SOAK IN FOR A SEC -- WHAT? WOW
Millionday: THE BEST PART >>>
Political, security and economic reforms reflect the application of the government program
wvchsr19: with such a positive movementon the economic side; how much of a roll do you think Daash will have in slowing down any rv progress? I know they have taken a lot of hits lately, but is it enough?
Millionday: IT ISNT THAT DAASH IS SLOWING DOWN THE MARKET ECONOMY GOAL THAT IRAQ HAS –
IT IS THAT THE CITIZENS AND WORKERS AND INTERNATIONAL INVESTORS NEED TO FEEL SAFE –
THE NATIONAL GUARD WE JUST SAW WILL HELP WITH THAT AND THE VISIT TO THE US OF COURSE WONT HURT --- HEE HEEE ---
BUT THEY NEED TO BE ABLE TO GO TO WORK AND HAVE A SUCCESSFUL ECONOMY AND NOT KEEP REBUILDING OVER AND OVER -- WHO CAN AFFORD THAT?
Loop: Is this article just highlighting the accomplishments of Abadi and the COM or are they saying the all those laws have past in the Parliament as well?
Millionday: THEY ARE WORKING ON THE GOV PROGRAMS AND ARE STATING THE GOALS THEY HAVE ACHEIVED TO DO SO ---- PRINTED IN THE GAZZETTE? I DONT THINK SO BUT WILL TEAR IT UP LOOKING
Millionday: HERE IS THE LINK >>http://www.parliament.iq/english/det...17&Alw
allinxpress Millionday: Is that the link that shows the Budget was printed in the Gazette, cuz I cant find anything from this weekend stating the budget was printed in the Gazette and i've searched high and low lol
Millionday: economic spokesman Antoine, Sunday, that the expert Cancel zeros from the Iraqi currency project comes to restructure and reduce the currency in circulation process in the markets at the moment, "dollarization".
Millionday: NOTE -- HUGE GOAL IS TO REDUCE THE BILLS OUT OF COURSE -- AS IN REMOVAL OF THREE ZEROS -- SMART CARDS -- EXCHANGE -- AND ALL WAYS WE HAVE SEEN IN THE LAST FEW DAYS
Millionday: Said Antoine's "Eye Iraq News" that the process of deletion of zeros from the currency is a project under discussion at the State Commission in collaboration with the Central Bank,
but under implementation, "stressing that" the purpose of which is to reduce the process of dollarization in the market this time to maintain the dominance of the Iraqi dinar and make it the most heavily traded in the markets and ease the use of the dollar, "adding that" the Iraqi currency sober and accept fraud. "
Millionday: NOTE --- UNDER IMPLEMENTATION ? WOW I LOVE TODAY --
Millionday: LOOK AT THAT -- WHOOPOW LOVE IT
Millionday: He added that the confusion which has increased demand for the dollar and not pumping dinars in large quantities by the central bank has increased more demand than supply, which led to the appreciation of the currency from the dollar in the local market."
"The Central Bank on the terms of any transfer must be proved in the papers martyrdom on the import of goods against the dollar, with the imposition of the tax, which is 8% 0.5% fee Comerk and 3% income tax."
Millionday: SO -- WHOOPOW THIS IS FUN
allinxpress: awesome! keep pumping the USD so demand for dinar skyrockets!!
Millionday: RAISE THAT DINAR UP THERE PLEASE
allinxpress: it seems to me like they are creating more demand for the IQD so when they are ready to release it internationally, it will be at a reality rate.
Also, it seems like this is the exact opposite of floating up from 1166. Kind of like keeping your foot on the brake while spinning your tires...so when you release the brake..... you take Off!
Millionday: THEY ARE CREATING AN ATMOSPHERE AS THEY STATED TO ATTRACT INVESTORS
Millionday: Hit a crisis in oil prices retreat options available to the government of Iraqi Prime Minister Haider al-Abadi in spending, with a government forecast of the current year's budget deficit of more than $ 21 billion.
In the face of worsening deficit called Abadi Iraqis to "patience" while the government is working to implement economic reforms include restructuring of many state-owned companies.
The plan will yield economic and development growth, which promises Iraqis did not take her seriously.
He said Finance Minister Hoshyar Zebari said Baghdad is currently in talks with the International Monetary Fund regarding provision of emergency aid.
and before that the financial crisis is trying to Government Abadi search for "prosthesis solutions" experts described as "risky and poor planning –
See more at: http://www.ikhnews.com/index.php?page=article&id=138735
Millionday: SO NOTICE AS THIS IS STATING -- THERE ARE A LOT OF MOVING PARTS --- THERE IS A LINK FOR THE LONG REPORT WE CANT DO THAT AGAIN IN ONE DAY LOL
Millionday: - Prime Minister Abadi traveled to the United States today Monday. Abadi's visit came in response to an official invitation from the US President, Barack Obama as he will meet with a wide variety of officials and discuss key issues of concern, including progress toward the defeat of the Islamic State of Iraq and Levant terrorists.
Millionday: SO ABADI DID GO AND THE LOCKED CAPITAL MUST HAVE ALLOWED HIM IN -- SMILE
Millionday: WE WILL HEAR MORE ABOUT THIS TONIGHT I AM SURE-- HE IS TO BE THERE FOR DAYS SO WE WILL HAVE NEWS ON THIS
wvchsr19: I saw a news report on the local station this morning saying the lock down was lifted.
Millionday: PERFECT TIMING TOO THANK YOU HUN FOR THAT UPDATE
Millionday: The CBI has decided to take action to stop the decline of the dinar against the dollar in the local foreign exchange market, by doubling the share exchange companies in the Auction of foreign exchange, and open ports to sell the dollar in a number of government banks.
He explained that he decided to allow the government to banks, Rafidain and Rasheed and Iraqi trade, open outlets to sell the dollar for companies and small importers.
The decline in Iraqi dinar exchange rate against the US dollar in the local foreign exchange market, bringing this week to its lowest level almost two years at 1350 dinars to the dollar, a decline of 5.5 percent from the end of last year's levels, while total about 1,200 dinars to the dollar .
Millionday: NOTE -- THIS IS GETTING THE MARKET RATE BACK TO THE EXCHANGE RATE --- AS IN 1350 TO 1166
allinxpress: The CBI has decided to take action.....wow. no studying, no committees, no opinions.. Action.
Millionday: The reduction of the Iraqi Central Bank to cap sales of the dollar in auctions held by the day to sell the dollar to the exchange companies and commercial banks of $ 250 million a day in the past to $ 75 million a day in the current year, to the scarcity of supply, which led to a rise in the dollar rate against the dinar Iraqi.
The bank was forced to reduce the daily sales of foreign exchange, due to the financial crisis faced by Iraq, because of the loss of oil prices about half of its value since the middle of last year. Iraq relies on the sale of oil revenues to fund 95 percent of government expenditures.
Millionday: SO THEY WILL BE MONITORING THIS BUT THIS IS ACTION AND IS TO GET THE RATE MORE LEVEL FOR LACK OF BETTER WORD