Millionday newstime 7/22/15 Part 2 of 2
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Millionday: IMPORTANT LAWS
Millionday: MP for the coalition of state law honest frankincense, Sunday, the existence of the meetings of the heads of political blocs before starting the resumption of parliamentary sessions of the agreement and resolve their differences on important laws in line with the requirements of all the components of Iraq and not on the account without the other component.
He said chewing gum for "Eye Iraq News", that "there are meetings of the heads of political blocs on important legislation of laws and the resolution of succession," stressing "the existence of the will of the alliance legislation and the need to overcome the current stage and get to the real understandings on them."
Millionday: NOTE -- MEETINGS TAKING PLACE SO THE VOTE ON IMPORTANT LAWS GOES SMOOTHLY ON SUNDAY
Millionday: He added that "we are keen to enact laws for the benefit of the Iraqi people and will not make those laws through legislation loophole may lead to future problems," stressing that "the masses such that the moving direction of the National Alliance."
He pointed out, "There is no difficulty there in the legislation of laws broken," explaining that "some political blocs see in some of the paragraphs of laws for the benefit of feed component, or vice versa and that's why call it the" mined "
Millionday: SO THEY ARE HOPEFUL THAT ALL GOES THROUGH WELL -- NICE
jarhead: unless they make the financial laws affective they will not help their people IMHO, tariff,Hal,etc HCL, so far it's all about them
Millionday: THEY CERTAINLY NEED TO MAKE SOME HUGE CHANGES FOR CITIZENS
MadeeandLynndee: Has the IMF loaned Iraq the money they stated they would earlier this month?
Millionday: I HAVE A REPORT TODAY ABOUT THAT COMING NOW
Millionday: The head of the government's economic affairs adviser, on Monday, that the launch of the financial allocations for the ministries will be according to the availability of liquidity,
noting that the government will go to borrow and issue foreign bonds to cover the shortfall, while member of the Finance Committee of the Parliamentary stressed the need to solve the problem of the investment budget for its impact on the services provided for citizens,
economic expert said that more than four million workers i the private sector have been affected as a result of projects stopped. He said the appearance of Mohammed Saleh,
said in an interview to the (long-Presse), said that "Iraq is going through a financial crisis and austerity which affected ministries received allocations in the budget law,"
adding that "the amount of the budget will be spent for government departments after the availability of financial liquidity, because up of resources different from what is planned. "
Millionday: NOTE -- THEY ARE HAVING ISSUES WITH HAVING ENOUGH CAPITAL WHILE KEEPING THE LIQUIDITY REQUIRED BY BASEL III COMPLIANCE
Millionday: Saleh added, that "the budget allocations for the ministries will be spent according to the availability of funds and revenues," noting that "the government will be forced to postpone some of the things midwife for the delay.
"He said the prime minister for economic affairs adviser, that "foreign loans does not exceed one billion dollars only a little," pointing out that there are "legitimate external borrowing negotiated by the government through the issuance of bonds (Euro Bank) European launches in the world."
Millionday: NOTE -- THE GOV OFFICIALS WILL HAVE TO WAIT DURING THIS TIME
Millionday: THIS IS VERY INTERESTING >>>>
Millionday: For his part, he said a member of the Parliamentary Finance Committee, Jabbar Abdul Khaliq, said in an interview to the (long-Presse),
"The government launched the operating budget," returned "The problem lies in the investment budget.
"Said Abdul Khaliq, that "the government put some controls for investment projects and completion rates, in a new direction for the disbursement of budget funds", returned it necessary to "solve the problem of the investment budget for its impact on the services provided to citizens."
Millionday: NOTE -- THE OPERATIONAL SIDE OF THE BUDGET HAS BEEN LAUNCHED
Millionday: THE INVESTMENT SIDE --- NOT YET
Millionday: In turn, the economic expert on behalf of Jamil, in an interview to the (long-Presse), the "no-budget full impact of the government in the 4.3 million Iraqi citizens in the private sector."
He explained beautiful, that "the investment part of the budget represents the backbone of the infrastructure through the implementation of projects that provide jobs,"
noting that "what launched by the Government of the general budget is just to stroll the affairs of state through the provision of staff who work in the government sector salaries operational budget ".
Millionday: NOTE -- THE FUNDS FOR INVESTMENT/PROJECTS ETC ARE NOT READY YET -- BUT OPERATIONAL SIDE OPEN RIGHT NOW
Millionday: He said economic expert, that there is "more than 4.3 million Iraqi citizens living on the private sector have been affected as a result of the launch of non-investment budget", Msttrda that "the budget deficit up to 25 trillion dinars, which requires the government to be covered by external borrowing.
"And it led financial crisis in Iraq as a result of the fall in world oil prices, to give local governments for the majority of service projects, and the shrinking number of workers in the services sector and hygiene.
The Iraqi Council of Representatives approved, (the 29th of January 2015), the finanHe said economic expert, that there is "more than 4.3 million Iraqi citizens living on the private sector have been affected as a result of the launch of non-investment budget", Msttrda that "the budget deficit up to 25 trillion dinars, which requires the government to be covered by external borrowing."
And it led financial crisis in Iraq as a result of the fall in world oil prices, to give
Millionday: NOTE -- OBVIOUSLY COULD TURN IN TO A HUGE PROBLEM FOR CITIZENS AND THOSE THAT WILL BE AT THE BUTT OF THEIR ANGER --- URGENT TO RESOLVE IMO
Millionday: He announced the International Monetary Fund, in (the fifth of June 2015) is ready to give Iraq an exceptional financial assistance worth 833 million dollars, to help him to cope with the economic implications of war with al (Daash) and the deterioration of oil prices in the world market,
noting that the Iraqi economy shrank by 2.1 percent in 2014, the past "because of the violence is the basis", and that "not record" the biggest growth of 0.5 percent this year, 2015.
Millionday: SO IT APPEARS THAT THE IMF HAS NOT GIVEN THE FUNDS BUT IMO I WOULD SAY THIS IS PART OF THE MEETING MONDAY
MadeeandLynndee: If the operational side is open, why are they cutting salaries? thanks
Millionday: CUTTING BACK EXPENSES ACCORDING TO WHAT I HAVE READ --
Millionday: NOTE -- THE ENTIRE REPORT IS IN ROUND TABLE BUT --- IRAQ IS RELEASING KURDISTAN`S ENTIRE YEAR BUDGET -- WHOOPOW
Millionday: READ EVERY WORD
Millionday: NOTE -- THEY ARE OPTIMISTIC IN THE MOVES OF THE GOVERNMENT STEPS FOR ECONOMIC ADVANCEMENT TOWARD ITS REALITY
Millionday: "But there is some kind of default that there is no clear mechanisms to take advantage of the committees of the House of Representatives by the government's sovereign and service ministries."
And that the Committee encourages the Government to draw closer over competent in the House of Representatives committees as working to support projects and programs successful and orientations,
noting that the parliament fumbles the effectiveness of the overall activities of government and its institutions, calling present in various levels of decision to take advantage of the work of parliamentary committees and the expansion of the meetings and Communications Service out.
Millionday: NOTE -- THE LACK OF COMMITMENT TO THE COMMITTEES HAS BEEN A DRAW BACK
Millionday: He hinted Bolani that there is a large and important opportunities in front of the government at the level of the economy and foreign relations, security files, and must be invested well it is possible to achieve major breakthroughs in these areas in this difficult situation,
stressing the need to respect the time timings and obligations of participation in the government as representing all political forces and components must come together to support the prime minister is interested and cooperates official and serious and clear does not accept the confusion and diligence.
Millionday: NOTE -- THE OPPORTUNITIES AHEAD NEED TO BE RESPECTED AND THE TIMELINES -- THE PLAN AND ALL COMPONENTS MUST ALL FALL INTO TO PLACE TO SUPPORT THE PM AND THE OBLIGATIONS
Millionday: >>>>>>>>The government has put in its resolution of the Iraqi economy headed toward a market economy and abandoning the progressive state for economic activities
and encourage local product and activating the laws relating to national protection and the development of foreign trade and transit trade and free zones
and raise the level of financial audit in Iraq Companies and classification according to international standards and to support investments that encourage the operation of local manpower and accelerate the construction of the port of Faw,
Millionday: NOTE -- THE PLAN TO GO TO A MARKET ECONOMY NEEDS THE LAWS ACTIVATED AND THE MOVE TO IT MOVED FORWARD
Millionday: development and a list of priority strategic projects and raise the capacity of local airports and to encourage and support private airlines and submit a draft commercial agencies law and regulation agencies and agents measures to ensure the protection of the Iraqi market from fraud and manipulation
and control of commercial agencies of the neighboring countries and activating consumer complaints courts and facilitate the means to achieve their rights and make the insurance product and professional responsibility in relation to the goods and services produced compulsory
in order to protect consumer rights and tighten the penal system of fines on counterfeit and fake goods and to create a system to monitor goods and ensure quality across the border crossings and re consideration of financial, tax and monetary policies.
Millionday: SO AS WE SEE -- EVERYTHING THEY HAVE WORKED ON NEEDS TO BE ACTIVATED --- THIS IS A HUGE CROSS ROADS FOR IRAQ AND THEIR POSITION GLOBALLY --
.MODSwan2013MDCOPY: COMMENT: ALL AT ONCE!!!!
Boomshakalaka: so the launch of the investment side means I'm going to the bank?
Millionday: HUGE NEWS RIGHT NOW DON'T MISS ANY AS WE WATCH IRAQ IN THEIR TRANSITION
Millionday: GOOD TO SEE YA BOOM
Millionday: BOOM START ALL PRIVATE SECTOR -- ALL PROJECTS--INVESTMENTS -- INTERNATIONAL CONTRACTS -- WHOOPOW
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