[millionday] used to all oil was purchased by usd --now business is being done with all other countries in many countries
[pastorbry] Millionday: do you have any info on the approval of their 2014 budget at this time?
[Richard Incrocci] So it looks they are saying in a few weeks the changing of the currency is the goal they have, am I reading that correctly?
[cookie] millionday That was the article I was talking about ! It's a fantastic one* *
[pastorbry] I understand that the RV really hinges on the approval of their budget.
[millionday] pastorbry yes they have signed the budget and i have something coming on it
Read More Link On Right
[Road_Kill] Business from many countries will push them to a realistic rate. WOW
[millionday] Richard Incrocci thats what they have said -- cross everything love it
[crank7] millionday AWESOME!!
[Richard Incrocci] I like the sound of that. Let's hope it gets accomplished
[slh5282] millionday, even my eyes
[Imperator] I wonder how many of those 4 billion current bills are counterfeit right now.
[millionday] here we go
[millionday] called the parliamentary finance committee to speed up the enactment of the general budget for 2014, because it represents the necessity required by the interests of the national economy, and the completion of the completion of projects that affect the lives of Iraqi citizens.
Committee member MP Abdul Hussein al-Yasiri urged in his statement the "morning" parliament to speed up the enactment of the budget for its direct impact on the economic life everyday for the Iraqi people, stressing the importance of pushing for increased investment side at the expense of operational for the coming years.
[millionday] added Yasiri that the general budget work on according to the Financial Administration Act and Debt General, which states: "If not made the budget and proceed by the House of Representatives,
the investment expenditure stop and thus stop the work investment projects full well spent on operating expenses 1 to 12 percent only," saying it shows that the non-ratification of the budget by Parliament suspended All investment projects, as well as it will affect the work of the private sector and the Iraqi market.
[millionday] wow -- lots of positive tonight my friends
[millionday] was Prime Minister Nuri al-Maliki has demanded Wednesday the members of the House of Representatives that pay attention to the need to speed up the ratification of the federal budget, expressing concern at the continuing debate about the budget, if not ratified it will continue to exchange rate (one dozen) and that means,
but something important laws will be implemented, pleading with them to ratify quickly on the budget and to respond to the needs of people and the implementation of laws enacted.
[Richard Incrocci] Very positive
[rbkeyz] Positively marvelous
[slh5282] Millionday, Maliki is FINALLY ON THE BAND WAGON
[crank7] millionday OH HONEY???
[millionday] i just got off the floor with that one smile
[Richard Incrocci] Slh...it does appear he wants to play ball
[slh5282] RICHARD, throw the ball, let's go!!!!!!!!!
[millionday] either method of preparation of the budget, he stressed Yasiri on prepared by competent staff have considerable experience in this area and the owners of disciplines financial and economic, as well as legal caliber,
recognizing that the way the budget preparation old and not modern, and still called balancing traditional, and adjusted for the transition to budgets, plans and programs, the need is urgent.
[Bookumdano] Millionday: We you get the chance could you remind us what was the significance was for March 20-21? Did it have something to do with thee WTO?
[millionday] Bookumdano i believe you are right on the wto -- but will check it out
[pastorbry] Here lately, it appears that Maliki is really working hard to get things through... especially the budget.
[millionday] may be a oil conference again but i think it is the wto meeting
[ROBINREDHED] pastorbry HE MUST OWN DINAR
[slh5282] Millionday, the WTO meets on the 14th isnt it?
[pastorbry] Robinredhead: Could be!
[slh5282] Of march that is
[millionday] now this is the maga of all - look at the dates as i showed you with the pension law the fiscal year -- look
[millionday] while noting that the plans and strategies take allocations from the annual budget, according to the Financial Administration Act, which states that "the disposal of the general budget of the first of January until December 31, and the basis of exchange is supported within the budget,"
explaining that any exchange in Iraq must have doors in the general budget, whether investment or operational expenses linkage exists between budgets and plans,
Wi-plan is not included in the allocations in the public budgets are not implemented, especially that determine the allocations of investment which determined on the basis of population density in the provinces.
[millionday] the basis of exchange is jan to dec big smile
[slh5282] millionday, so everything is retro?
[Danalivin4HIM] Do we think the dinar increase is tied to the budget?
[millionday] that is great to see so that no snags come from normal calculations and accounting as has been an issue of discussion that i have disagreed with and there it is --- love it
[Imperator] There it is.
[millionday] it appears that all will be with the fiscal year set as the calendar year
[pastorbry] I don't see that the WTO, or some of the other agencies out there have much of an impact on the RV. It really rests with Iraq, the CBI and their budget.
[faith1] Expect = positive change !!
[millionday] pastorbry the issue is the revenues they will gain and are hoping for in all sectors that will gain faster with that activity -- brb with more
[ROBINREDHED] i am expecting
[faith1] Robinredhed lol
[hstrymknwmn] ROBINREDHED im ready for delivery lol
[millionday] wow the news just keeps getting better and better -- congrats
[slh5282] RobinRedHead, Dinar or other
[millionday] ROBINREDHED lol
[slh5282] Congrats on both
[millionday] here we go
[millionday] called oil expert of the need for the Advancement of industry liquidation of crude oil domestically produced the adoption of advanced technology. said Dr. Ahmed Issa said in an interview (morning):
The sector liquidation local needs to introduce advanced technology that contribute to the investment of a barrel of crude oil increased by 100 percent instead of 50 percent.
He pointed out that the advancement of industry liquidation ordered a feasibility big country, it helps the diversity of oil derivatives, which employs in different industries lead to the activation of production locally and keep the cycle of capital within the country.,
[millionday] And pointed out that the transition from the filter to the stage of an integrative Other represented sector Industrial and get to the final product that would address the many economic problems.
mentions that the Oil Ministry has initiated over the past years to establish and isomerization units advanced refineries in Baiji and the session and Basra, which produces gasoline Aktona high number
[millionday] refineries etc -- the call for complete advancement of technology in oil production - brb with more
[millionday] wow i love the news today -- whooop whooop brb