Millionday News 10/4/15 Part 1 of 2
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Millionday: Iraqi Prime Minister Haider al-Abadi announced on October 4 that Baghdad’s heavily fortified Green Zone would be open to the public for the first time in 12 years.
Many restrictions remain in place as the measure allows only limited access to the area.
Abadi presented the partial reopening of the International Zone of Baghdad as part of the reform drive he launched, which was prompted by popular discontent over government corruption and poor services.
Millionday: NOTE -- THIS IS PART OF THE LAUNCHED REFORMS
Millionday: "The opening of the Green Zone is one of the measures we promised the people and we are opening it now," Abadi was quoted as saying in a statement.
The 10-square-kilometer compound located on the west bank of the Tigris River was closed off after the 2003 U.S.-led occupation. It is now home to the country’s top political institutions and embassies.
Millionday: NOTE -- INTERNATIONAL PREPPING FOR ABILITY OF CONTACT FOR ALL PURPOSES
Millionday: Iraqis have frequently complained that their leaders live a sheltered existence in the safety of the Green Zone while they suffer from daily violence and poor services.
The zone has been a target for bombings and rockets over the years, despite the concrete walls surrounding it.
Millionday: SO LETS THINK ABOUT THIS -- MANY SERVICES COME FROM OFFICES WITHIN THE GREEN ZONE AND THE EMBASSIES OF COURSE --ACCESS ONLY MAKES SENSE --- THIS OF COURSE IS GREAT NEWS
Millionday: Stressed the economic expert Abdul Hassan al-Shammari, Sunday, that the life span of banknotes 3 months and Mineral currency 25-year-old.
Al-Shammari said L / scales News / "The life span of coin for a class of 250, 500 and 1,000 dinars is 25 years, and this long-term will save the state huge amounts of paper currency printing costs as those paper categories fast trading and consume every 3 months and will save the state 250 million dollars per year and this number is very large. "
Millionday: He said economic expert, that "the process of removing zeros from the currency will provide a great time of employee hours and be the largest in the daily and final accounts accuracy", adding that "on the executive Council of Ministers to re-submit this law to the House of Representatives, and accelerates and Parliament by approving the provision of such amounts huge budget. "
The "Iraq used coin in the sixties and seventies of the last century, and even the demise of the market traded in the Iran-Iraq war,"
Millionday: SO AS WE SEE THEY ARE TALKING ABOUT THE USEFULNESS OF THE COINS AND THE LIFE EXPECTANCY OF COINS --- THIS APPEARS TO BE AN ACCELERATED ADDITION THAT IS BEING DISCUSSED –
IT HOLDS UP NOTHING IS JUST GREAT DISCUSSION ABOUT TENDER AND LOW DENOMINATIONS
jtank: like the sounds of lower denoms
Millionday: I AGREE -- NICE TO SEE THE MENTION OF THE PAST YEARS WHEN THEY WERE USED TOO --
Baxter1243: If they are talking about 250...500...and 1000 dinar coins.. even at just a dollar a dinar... thats an awful big coin... isnt it? at 3 dollars... a 250 dinar coin.. would be 750 dollars.... or am I wrong here...
Millionday: THESE ARE TO MATCH PRICE CHANGES WITHIN IRAQ ---THE COINS DO NOT IMPACT THE INTERNATIONAL RATES PER DINAR -- THEY WOULD BE A USABLE COIN AT THE DINAR VALUE MINTED
Millionday: THEY ARE TALKING IN COUNTRY
Millionday: Office of the Prime Minister Haider al-Abadi, announced Sunday, for the final approval for the launch of granting industrial, agricultural and housing loan mechanisms in economic reform axis.
He said the office in a press statement I followed / information /, that "based on the first package of reforms presented by the Prime Minister Haider al-Abadi
Millionday: at the center of economic reform to stimulate the economy in the country and run the unemployed, the crisis cell approved at its sixth meeting on 24 - 8-2015, headed by Prime Minister lending mechanism in the industrial, agricultural and housing area.
"He said it "will be awarded in accordance with the instructions issued by the central bank and other banks,"
Millionday: THE DIFFERENCE IN THIS AND WHAT WE HAVE SEEN IN THE PAST IS THAT ABADI HAS FINALIZED HIS APPROVAL AND HANDED OVER THE LOANS/APPROVAL/ISSUANCE AND REFORMING STEPS TO THE BANKS AND CBI ---
GOVERNMENT ACTION ON THIS IS COMPLETE AND THE LOANS ARE NOW IN THE HANDS OF THE NATIONAL REFORMED BANKS ---
Millionday: HUGE -- WHOOOPOW
diane1: YEAH AND WHOOPOW THIS I MUST SAY IS VERY INTERESTING
Millionday: THIS IS A LONG AWAITED STEP THAT MOVES INVESTMENT -- THE PRIVATE SECTOR - INFRASTRUCTURE -- ETC
Millionday: I AGREE DIANE -- VERY INTERESTING
Millionday: The security adviser to the governor of Anbar province, Brigadier General Aziz behind Trmoz, Sunday, the approval of the Ministry of Finance and the retirement of General announced the payment of pensions for the military to maintain.
Trmoz said in an interview to the Sumerian News, "The Ministry of Finance retirement and has the general agreed to pay pensions for the military to maintain."
Millionday: He Trmoz, that "military retirees will receive their salaries tomorrow or after tomorrow."
Anbar province has seen a military and terrorist operations pushed thousands of employees and retirees to the displacement of the province to Baghdad and the southern governorates and the Kurdistan region.
Millionday: SO RETIRED VETS WILL GET THEIR FUNDS TOMORROW OR DAY AFTER -- IT HAS BEEN APPROVED --- SOUNDS LIKE MOVING FUNDS -- SMILE
Millionday: HERE IS THE ACTUAL FORMAL LAYOUT OF THE OPENING OF BANKING ACTIVITIES
Millionday: Announced the Office of the Prime Minister, on Sunday, for private banks sectoral loan disbursements Balbalgh five trillion dinars controls, indicating that the industrial and agricultural banks obtained the 66 percent of them equally, while all of the Land Bank and housing fund got 17 percent each and every one of them.
A member of the Commission on the Status special program of the Central Bank loan mechanisms, head of the Iraqi Business Council, David Abdul Zayer, in a statement received (long-Presse) a copy of it,
that "the Office of the Prime Minister, announced his own regardless of sectoral banks loans according to the Central Bank's program mechanisms Iraqi, amounting to five trillion dinars,
"noting that" the mechanisms identified two percent annual rate as interest and set repayment period of five years which can be extended as needed. "
Millionday: NOTE -- UNDERSTAND THEY ARE TALKING ABOUT THE COUNTRY
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