Millionday News 8/31/15 Part 2 of 2
Millionday: joy pumice with the imminent general solutions on the formation of the government and the launch of its comprehensive reform at the level of the joints of the State, paint a «morning» map of the most prominent achievements on the economic front, the most prominent recent moves to subdue the investment projects of the system investment contracts payment method term and re-activated.
Millionday: NOTE -- THIS IS ABOUT THE ECONOMIC REFORMS AND RETURN OF FUNDS MOVING
Millionday: NOTE --OUR FRIEND SALEH
Millionday: In this regard, economic adviser in the prime minister explained d. The appearance of Mohammed Saleh, said that the move was to overcome the financial crisis faced by the country, by moving and activating projects producing income from service and housing projects
as well as infrastructure projects, especially projects «power», confirming the presence of Offers fact presented to the government which is under study, include with important and vital projects.
Millionday: NOTE -- THE ANSWER HE GIVES IS THE ACTIVATION OF PROJECTS AND THE INFRASTRUCTURE PROJECTS/PLANS
Millionday: Saleh added »Sabah» that the government during its first year succeeded in sparing the Iraqi people severe economic crisis due to falling oil and low income country rates, as well as to engage in a fierce war with terrorism and to monitor military allocations her,
although it was able to to manage these two aspects efficiently, Lakeside basic expenses and staff salaries and conduct business faced by the government by relying on its own resources and Statistics entering the country.
Millionday: >>>>>He noted that the government program put a clear road map to tackle corruption and government sag and to address the waste of public money which was one of the fundamentals of the economic system in the country and the difficulty of dismantling, stressing not be underestimated, so the program was launched to eradicate these phenomena.
As for the implementation of the government program properly, he noted adviser to the needs of the time required and will and genuine cooperation in the implementation by the State institutions concerned, on the grounds that he in favor of a popular and supporter by the higher reference.
Millionday: NOTE -- HE IS TALKING ABOUT THE IMPLEMENTATION OF BENEFITS FOR THE CITIZENS AND MINIMIZING OF WASTE OF FUNDS BY THE GOVERNMENT
Millionday: It is said that the government of Prime Minister Dr. Haider Abadi, won the confidence of the House of Representatives on September the year 2014.8
Among the most prominent significant achievements that have sought to achieve the government are the strategies that are in support of the country's economy, according to Saleh,
the most important of the adoption of the development of the private sector and the development of real philosophy for the transition to a market economy consists of three of Staff,
the first so-called support-generating powers of the market (companies to make the founders of the) market, second market financing and launch the program on a smaller level of funding and the biggest for the development process (the central bank initiative to support small and medium enterprises), either the third pillar protect the market and of social protection.
Millionday: NOTE -- THE TRANSITION TO A MARKET ECONOMY -- PROJECT OF FUNDING DOMESTIC PROJECTS/DEVELOPMENT-- AND SOCIAL BENEFITS --
ALL MEANING MONEY IN IRAQ AND THEIR MARKET ACTIVATION
Millionday: NOTE -- THE ARE ACHIEVEMENTS THAT ARE IN PLACE ACCORDING TO SALEH -- THIS IS GREAT NEWS OBVIOUSLY
Millionday: NOTE -- LOOK AT THE YEAR IT IS IMPLEMENTED -- SMILE
Millionday: He said Adviser to the social protection system in Iraq, was introduced during the year 2015, and is scheduled for completion in 2019 (includes addressing poverty, encase the retirement of a unified national market and government institutions, use policies that include characterization business and office training and employment),
indicating that it includes the creation of a unified database on country-level work by the government in collaboration with representatives from the World Bank and the concerned authorities of Iraqi institutions.
He noted that the purpose of these trends to be «the market» the first operator in the country to contribute to the gross domestic product (GDP) in the year 2030 more than 50 percent.
Millionday: SO THE GOAL IS THE IRAQI MARKET AND ALL THE GAINS THAT COME FROM IT -- PLANNING AND ACTIVATION OF THAT PLAN -- SHORT TERM GOALS AND LONG TERM GOALS -- LOVE IT
Nadita: so they have started with some of their programs in 2015 or they are just talking and wishful thinking to even mention 2015???
Millionday: REPORTABLY THEY HAVE BEGUN THE REFORMS AND AS WE HAVE SEEN TONIGHT WITH THE POLITICAL REFORMS ETC
Nadita: how many more to achieve the goal of monetary reform? lol
Millionday: >>>>>Agencies in order to raise the services provided to the public benefit and to achieve economic feasibility reviewed international companies specialized services in the field of infrastructure cloud communications through the activities of the Intel Developer Forum 2015 in San Francisco, United States Alomrakih.
oukal Anders Lindblad, Senior Vice President of Ericsson: that cloud technology contribute in the reformulation of the features of the ICT sector rapidly, and it gives us the Intel Developer Forum 2015 perfect opportunity to connect with decision-makers and developers in this vital sector and discuss the mechanics of the development of services to beneficiaries.
Millionday: SO THEY WILL BE USING EXPERTS AT THE FORUM IN SF, CA TO HELP WITH INTEL DEVELOPMENT -- ADVANCED TECHNOLOGY MUST LOOK LIKE SOMETHING FROM OUTER SPACE
Millionday: BEFORE THE SITE CRASHED I SAW THE UN BEING ASKED TO HELP WITH IRAQ ADVANCEMENT AND THE CONSTANT WORK ORDERED TO INITIATE ALL STEPS OF REFORMS --- SITE CRASHED
hub: in the next to last statement you brought they said they wanted to develop the social sections of the economy in the next 4 years this is about right. but for a country like iraq to only see a 50% increase in the next 15 years is a very slow growth with their resources, then they want to have experts come in to help set up the infrastructures for iraq, now how in the world will 1166 to 1 currency entice any growth or any experts to come to iraq to straighten them out
Millionday: THEY WERE IMO TALKING ABOUT THE MARKET (STOCK MARKET) AND HOPING WITH OR PREDICTING THAT WITH THE REFORMS –REBUILD--PRIVATE SECTOR ACTIVATION-
AND MARKET ECONOMY THEY WOULD SEE A 50% GROWTH IN THE MARKET (ISX) –
THIS IS MY OPINION ON THE ANNOUNCEMENT AND WITH THAT IN MIND AND WHERE THEY ARE COMING FROM THAT IS A HUGE GOAL
AND I WOULD HOPE THEY COULD REACH IT WITH THE RESOURCES THEY HAVE AND THE GLOBAL RECESSION THEY HAVE AVOIDED
Millionday: WHAT DO YOU THINK?
hub: one way or the other, with out a tradable, non-exotic recognized currency none of this will be accomplished. look at every other country with a ratio to the dollar in the 1000's to one.
they have very little to nothing to contribute to a national gnp. as far as if it is a economy growth or isx, i am not sure. but to obtain 50% in 15 years with oil , gold, ag, and all the other stuff seems to be very conservative
hub: they need to get off high center and get after it
Millionday: I AGREE -- AND ALSO WITH THE POINT YOU MADE ABOUT THE CURRENCY NOT BEING WORTH THE PAPER IT IS PRINTED ON -- AND THAT IS NO JOKE –
THEY HAVE TO EXPAND TO THE CONSTITUTIONALLY PROMISED MARKET ECONOMY AND LOGIC AND WORLD ECONOMICS TELLS US THAT REQUIRES A GLOBAL PRICING INDEX CALCULATION –
I SEE NO WAY AROUND IT BUT AM OPEN TO DISCUSSION OF HOW THAT IS POSSIBLE WITH THE WTO – WORLD BANK--IMF -- FAIR TRADE ---INTERNATIONAL BANKING -- AND OF COURSE COMPETITIVENESS IN THE MARKET --- SO -- GOOD POINT
Nadita: Just to tag on your comment about the currency not worth the paper it printed on. If I I like your comment, MD.. hopefully. Just to tag to your answer.. If Iraq is not trying to protect their currency.. why do they spend more money printing money with securities.
Nadita: If in fact they have plan to revalue their currency that it makes sense to print currencies that will be hard to counterfeit. As far as the reform goes, my understanding there will be 3 reforms and are we at the 3rd one or just going on the 2nd..?
Millionday: THE THIRD HAS BEEN ACTIVATED ACCORDING TO THE INK
hub: the simplistic economy lesson is how much does it take to by a coke. in us dollars we take $1.50, canada 1.70, in mexico 15 pesos, in iraq 100 dinar so the answer is ok go to the bank or store or dairy queen and buy a coke with dinar.......nope, wont work , so this is the dilemma for iraq,,, make your money worth something....
Millionday: THAT IS THE GOAL -- I WOULD HATE TO BE THE ONE BRINGING THE COKE THOUGH LOL
quicktolegit96: MD DO U KNOW MORE THAN YOU ARE TELLING US IN GENERAL TERMS? LOL NOW IS THE TIME TO COME OUT OF THE CLOSET LOL
I MEANT THIS IN A JOKING MANNER, BUT IF YOU DO, WE ARE ALL EARS....
ALSO SCALE 1 TO 10, HOW CONFIDENT ARE YOU THIS YEAR SEEING SOME SHIFT?
Millionday: I HAVE ALL MY CHIPS ON ABADI