Millionday News 10/27/15 Part 1 of 2
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Millionday: MP what Zen Mezni stressed that the investment law, which passed today is one of the country's imports and development tools.
Said Mezni in a press statement singled out by the agency all of Iraq [where], that "the government's search for support of the country's economy and dependence on non-oil imports, such as investment and collection real alternatives as do the developed and developing countries of the world."
Millionday: NOTE -- THE INVESTMENT LAW PASSED TODAY AND HE IS SAYING THAT THIS WILL ALLOW THEM TO DEPEND ON NON-OIL IMPORTS AS IN INVESTMENTS AND OTHER ALTERNATIVES AS OTHER COUNTRIES IN THE GLOBE DO
Millionday: He held the Attorney Mezni "relevant ministries responsibility in urging companies and investors to enter the Iraqi market and work on improving the conditions of the country.
"On the other hand MP Mazen Mezni competent parliamentary committees and the Council of Ministers to support the families of the popular crowd and especially the martyrs of them and provide a decent living for themselves and their families,"
Millionday: SO HE IS CALLING FOR EVERYONE TO TAKE PLACE IN THEIR ROLES OF DEVELOPMENT AND ALSO FOR THE BENEFITS TO CITIZENS
Millionday: THIS NEXT REPORT ANSWERS SOME OF THE QUESTIONS WE HAVE AS IN WHAT IS NEXT
Millionday: AND IT IS THE ONE I CANT WAIT FOR YOU TO SEE
Millionday: SMILE -- GET YOUR HAT -- BLACK OR WHITE JETS
Millionday: HERE WE GO -- READ EVERY WORD
Millionday: Said economist d. Qusay al-Jabri that he could look at economic reform as a package of policies that work to make local expenses consistent with the available resources, and through finding a consensus between the financial, monetary and trade policies and exchange rate to ensure a holistic request fits and composition of the display overall.
Millionday: NOTE -- AN ECONOMIC BALANCE
Millionday: He said in Speaking »Sabah»: that it requires the adoption of measures working to stimulate the sectors of goods and services as well as the adoption of policies aimed at improving efficiency in the use of resources by removing distortions in prices and promote competition and ease of control
Millionday: NOTE - THE ECONOMIC REFORM REQUIRES ADOPTING AND STIMULATING POLICIES THAT IMPROVE THE USE OF RESOURCES BY -----REMOVING DISTORTED PRICES -- WHOOOPOW
Millionday: NOTE -- MOVING TO A COMPETITIVE MARKET
Millionday: and then restore fiscal balance internally and externally, and the reduction of inflationary pressures, removal and strengthen the balance of payments and to restore Alantmaiah merit that measures to ensure the sustainable growth to reduce unemployment require as well as economic stability and reforms aimed at improving the allocation of resources and raise efficiency in the medium and long term policies.
Millionday: NOTE -- THE RESTORATION OF FISCAL POLICY -- BALANCE ECONOMICALLY BALANCE FOR PAYMENTS - DEBTS AND MOVE THROUGH NEW POLICY TO REMOVE UNEMPLOYMENT THROUGH ECONOMIC STABILITY AND REFORMS
Millionday: >>>>>hinted Jabri to the possibility of classification reform programs in terms of economic nature to economic and macroeconomic partial reforms, either in terms of policies are classified into demand-side policies and other supply-side, and in terms of the length of time they are classified as short-term policies long and another term.
He argued: but is common in economic circles these programs are classified into two packages installation programs or stability economic, referring to the internal factor for government action on Reform within the state and is intended creating a state of stability in the economy, national.
Millionday: NOTE -- A MARKET ECONOMY IS -- SUPPLY AND DEMAND -- OBVIOUSLY THIS IS REFERING TO THE POLICIES THAT MOVE IRAQ TO A MARKET ECONOMY THROUGH THE ACTION OF REFORM FOR NATIONAL STABILITY WITHIN IRAQ AND INTERNATIONALLY
Millionday: He pointed out that structural adjustment programs point to achieve external balance in terms of impact on exchange rates and the deterioration of the terms of exchange trade. So you should focus on economic stabilization term and structural adjustment addressed by the Fund and the Bank's policies of international.
Millionday: NOTE -- PICK UP YOUR HAT
Millionday: THE PROGRAMS ACHIEVE BALANCE THROUGH THE IMPACT OF EXCHANGE RATES AND TRADE -- THEY SHOULD BE FOCUSING ON ITS STABALIZING WHICH IS ADDRESSED BY THE IMF AND BANK POLICIES INTERNATIONAL -- WORLD BANK ETC
Millionday: NOTE -- CALLING FOR ITS ADJUSTMENT
Millionday: READ EVERY WORD OF THIS REPORT
Millionday: and between Jabri The responsibility for these programs in the design, preparation and follow-up rests with the International Monetary Fund and be of jurisdiction where the fund is interested in the ideas of economic stabilization and procedures in developing countries, the occurrence of these ideas in the context of functional tasks.
and supports the design of these programs Neoclassical theory of the balance of payments, which are based on the link between debt accumulation and problems of pluralism necessary in the structure of the economy to adjust the balance of payments and public budget analysis.
Millionday: NOTE -- THE DESIGN AND PREPARATION ETC RESTS WITH THE IMF AND ITS JURISDICTION THE INTEREST IS STABALIZING THE ECONOMY AND MOVING FORWARD IN ALL TASKS ---- THIS INCLUDES THE ADJUSTMENT OF DEBT AND PAYMENTS -- AND THE BUDGET
Millionday: Adding that it contributes to the preservation of the local currency value of degradation, and to this end are relying on control in aggregate demand (investment and consumption) is working to reduce it and make it balanced, with gross domestic product to reach the economic stability in the short term.
He concluded Jabri to say: Ban economic stabilization programs defined as the package of measures aimed at removing the imbalance between the total domestic supply and domestic demand policies.
Millionday: NOTE -- THIS INCULDES THE DINAR VALUE AND PRESERVATION -- THE GOAL IS TO BALANCE THE DEMAND AND GDP TO GAIN STABILITY ---
THE PROGRAMS THEY ARE ACTIVATING ARE AIMED TO REMOVE IMBALANCES WITHIN THE COUNTRY AS WELL -- SUPPLY AND DEMAND -- MEANING THE MARKET
Millionday: And the consequent disruption of the balance of payments deficit and the rise in the general level of prices where those policies seeking to induce a state of conciliation between available resources and needs and reduce the pressure on domestic price levels.
Millionday: NOTE -- AN IMPORTANT STEP IS TO REGULATE AND BALANCE THE INPUT -- PRICES-- POLICIES--RESOURCES-- IN ORDER TO REDUCE THE PRESSURE ON DOMESTIC PRICE LEVELS -- MEANING IN COUNTRY --
Millionday: WHOOPOW -- LOVE THIS REPORT
Millionday: READ EVERY WORD >>>>>>>>
Millionday: Among It includes a range of measures contribute to address the multiple economic imbalances such as the deficit in the the balance of payments and budget deficits and the deterioration of the national currency and inflation value, by reducing aggregate demand and make it balanced, with gross domestic product (supply and demand balance) ‘
and called these policies or actions the policies of demand management being concerned with the management of domestic demand so that it corresponds with the gross domestic product and resource flows from abroad .
Millionday: SO THE POLICIES WILL BALANCE THE GDP -- THEIR RESOURCES -- THE DINAR VALUE -- THE BUDGET -- SO THAT IT ALL BALANCES WITH TRADE FROM ABROAD --- WHOOOPOW
Millionday: WE ARE SEEING ALOT OF STATEMENTS WE HAVE NOT SEEN IN THE PAST
Millionday: THIS ALL HAS TO DO WITH BALANCE OF THE EXCHANGE RATES FOR THE MARKET ECONOMY
rrjbcpa: So, they are planning on activating the market economy by mid 2016. So, that means that we will probably not see a rate change until that time, correct?
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