Millionday Wednesday Night News Time 2-10-16 Part 1 of 2
WELCOME TO DINARUPDATES.COM FOR MILLIONDAY NEWSTIME
Millionday: WE HAVE WHOOPOW NEWS TONIGHT THAT REQUIRES HATS
Millionday: HELLO EVERYONE -- WOW ONE OF MY STATEMENTS IN THE NEWS TONIGHT -- HUGE
Millionday: WE HAVE MORE FORMAL ANNOUNCEMENTS
Papatom: i am formally announcing...I'm excited
Millionday: PAPA -- ME TOO HUN LOL
Millionday: THIS IS A PRESS RELEASE FROM THE IMF (NOT ON UKRAINE) LOL
Millionday: The International Monetary Fund (IMF)’s Middle East Regional Technical Assistance Center (METAC) and the Statistics Department held a workshop on “Price Index Compilation Issues” in Beirut, Lebanon from February 1-5, 2016.
Millionday: NOTE -- I KNOW THIS IS A DAY OLD BUT I WANT YOU TO SEE THIS BEFORE THE REST
Millionday: NOTE -- THE IMF HELD THE WORKSHOP TO ASSIST THE MIDDLE EASTERN REGION IN >>>>>>>>>>>>>>> THE PRICE INDEX <<<<<<
Millionday: The workshop addressed specific price statistics compilation issues of participating countries. International standards and best practices were discussed with regard to the compilation and dissemination of price indexes.
Millionday: NOTE -- THEY USED THE WORKSHOP TO EXPLAIN THE DETAILS INVOLVED IN THE PRICE INDEX DUE TO INTERNATIONAL COMPLIANCE AND HOW IT IS PRACTICED
Millionday: The interactive workshop facilitated extensive discussions and included practical exercises. In a final wrap-up session, participants were given the opportunity to identify potential areas for future METAC technical assistance support.
Millionday: NOTE -- NOW LETS LOOK AT THE COUNTRIES INVOLVED -- SMILE
Millionday: Officials from national statistical offices who are involved in the compilation of price statistics in the Middle East and North Africa (MENA) region attended the workshop. In total, 24 participants from eight countries attended. The countries represented included: Afghanistan, Egypt, Iraq, Jordan, Lebanon, Pakistan, Sudan, and West Bank and Gaza.
Papatom: great..I'm drooling!
Millionday: DROOLING AND SMILING
Millionday: SO REMEMBER THE STEPS THAT IRAQ IS EXPECTED TO TAKE THIS MONTH
Papatom: that price index...is done now?
Millionday: THE PRICE INDEX IS NOT DONE NOW DUE TO THE NEWLY CALCULATED PRICES IT WOULD RESULT IN
Millionday: THIS WOULD BE DONE WITH THE INTERNATIONAL EQUATION TO STOP THE DISTORTED EXCHANGE RATES FOR THE INTERNATIONAL CURRENCIES
quicktolegit96: WHAT ARE THE STEPS AGAIN FOR EVERYBODY?
Millionday: THE STEPS ARE A LONG LIST BUT ACCORDING TO THE IMF AGREEMENT FOR IRAQ TO HAVE DONE BY THE END OF THIS MONTH DUE TO THE PLANNED MOVE TO ARTICLE 8 –
THEY HAVE TO PEG WITH THE US DOLLAR --- REMOVE DISTORTED EXCHANGE RATES FOR INTERNATIONAL CURRENCIES TO BRING IN INVESTORS --
PASS THE INVESTMENT LAW ---AND THE LIST GOES ON -- IT IS VERY LONG WITH MANY MANY DONE BUT SOME WE DONT SEE
Millionday: DID I TELL YOU THAT IT IS A PRESS RELEASE ?
Millionday: The Kurdistan Regional Government has sent a letter to the Federal Directorate of border crossings Abgletha the approval of the application of the customs tariff of the Federal Act on goods that enter the country through its subsidiaries border crossings, but it set conditions for that application.
Millionday: NOTE -- KURDISTAN HAS AGREED TO APPLY TARIFF - CUSTOMS ---
Millionday: According to sources, the conditions for the application of the provincial customs tariff in the outlets related to the size of customs duties levied on goods, where the province demanded the reduction of such fees in exchange for entry into the application of tariffs on border crossings operated by the provincial government.
Millionday: NOTE -- THEY WANTED THE RATE TO BE LOWER FOR THE FEES -- I HAVE THE LETTER
Millionday: The federal government has applied the law of customs tariff on all ports of entry and 30% on goods entering the country, including Kurdistan outlets, the latter declined the application and kept on the old tariff amounting to charge 5%, prompting traders to go Ngo region and the introduction of their goods through it and stay away from central and southern ports.
Millionday: SO THE REASON OF COURSE HAD TO DO WITH UNITY AND COMPLIANCE -- ONE CAN NOT HAVE IT THAT MUCH LOWER AND THE OTHER STILL HAVE SUCCESS IN TRADE AND COMPETITIVE MARKET ETC
Millionday: ANY ?? COMMENTS
Millionday: I HAVE ONE Millionday: FINALLY
Papatom: so the countries in the meeting were picked because they need to have a level playing field with each other?
Millionday: IT DID NOT SAY IN INK --
HOWEVER THEY ALL WERE THERE TO LEARN EITHER THE NEW POLICIES OR CALCULATION OR LEARN WHAT THEY ARE DOING WRONG OR LEARN HOW TO APPLY ETC --
SO VERY INTERESTING THAT 8 COUNTRIES WERE INCLUDED -- I AGREE
cjquade54: the tariff rate between the Federal and the Kurds has not been agreed on yet is that correct? one wants 30% the other 5% ... are they still negotiating?
Millionday: THEY AGREED TO THE APPLICATION OF CUSTOM TARIFF SO WITH THE MEETINGS THEY HAVE HAD -- IT IS EASY TO SEE THEY HAVE AGREED ON ITS APPLICATION --
Millionday: SMILE -- I LIKE IT
7shiela: So that implies the rate will be lower or what?
Millionday: I WILL PULL THE LETTER AND LOOK BEFORE WE ARE DONE
Millionday: THAT IMPLIES THAT THEY HAVE LEARNED HOW TO USE THE GLOBAL PRICING INDEX -- THIS IS THE APPLICATION THAT >>>>A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time.
Millionday: SO THIS IS THE CALCULATION THAT WILL APPLY THOSE COUNTRY`S CORRECT PRICE OF GOODS ETC ACCORDING TO THE FAIR PRICE -- NOT DISTORTED
buck: hasn't the investment law been passed? and are they talking tax rate as less or currnecy rate??
Millionday: YES THE INVESTMENT LAW IS PASSED AND THEY ARE TALKING THE TAX RATE THEY ARE NOT HAPPY WITH THE 30% AND FEDERAL IS NOT HAPPY WITH THE 5% THE KURDS WERE CHARGING SO THEY HAVE HAD MEETINGS AND THE KURDS HAVE APPROVED ON ITS APPLICATION
buck: good answer....thx all the time
Baxter1243: So the kurds are going with the 30 Per cent then?
Millionday: LET ME LOAD THE LETTER AND SEE BRB
Millionday: IT DOESN'T GIVE ME THE AMOUNT IN THIS REPORT SO I WILL PULL IT FROM ANOTHER I HAVE SAVED IN A FEW -- HAVE TOO MANY WINDOWS OPEN TO DOWNLOAD IT RIGHT NOW
Millionday: HERE WE GO WITH ANOTHER STATEMENT -- THIS IS FROM ABADI ON THE MOVE TO END CRISIS
Millionday: Prime Minister Dr. Haidar al-Abbadi said that the government has a clear vision of the face of the financial crisis experienced by the country, saying she could get out of the cooperation of everyone, which is part of the crisis faced by the countries of the world as a result of the collapse of world oil prices.
Millionday: The face of Dr. Abadi presided over the regular session of the Council of Ministers to monitor spending in ministries and state institutions, and countless deputations only necessary need. He called on the Prime Minister of all the political blocs to assume its responsibilities in the face of financial, economic and teamwork to overcome the crisis.
Millionday: AND THAT IS A SMALL STEP FOR MANKIND LOL
Millionday: BRB WITH SOME BETTER
Millionday: WHOOPOW -- READ ALL OF THIS -- A LONG TIME COMING -- UNITY
Millionday: Kurdistan Region President Massoud Barzani issued several reformist decisions to regulate the work of the provincial government and address Alnicosat in enterprises and government departments, where he Barzani review the restructuring of the Kurdistan Regional Government administration and organization on the basis of suitable with the government requirements and
Millionday: NOTE -- COMPLIANCE WITH GOV REQUIREMENTS -- WOW
Millionday: NOTE -- NOTICE THIS IS ----REFORMIST DECISIONS -- SMILE
Millionday: audit of the financial restructuring of the provincial government and the organization of accounting units in all government institutions and the Finance Ministry on founded the occasion.
Millionday: NOTE -- IT IS VERY INTERESTING THAT THIS IS BEING DONE ON AN "OCCASION" AND HE IS REVIEWING THE AUDIT
Millionday: READ EVERY WORD OF THE STEPS BEING TAKEN BY BARZANI AFTER THE MEETINGS HE HAS ATTENDED TO UNIFY
Millionday: Barzani also directed a review of all government cadres to regulate property and work on the creation of the Civil Service Council and a review of the cadres of the Peshmerga forces, units and facilities Kurdish forces and organize structured Mlakatha and review all agricultural and tourist territory,
organize and remove any bypass the public domain as well as a review of all government property which was granted to citizens through the decades or on the basis of investment and regulation of property, land and buildings and all government wages owed for the benefit of the economic situation.
Millionday: NOTE -- HE IS PULLING OUT ALL ACCOUNTS FROM PREVIOUS AUTHORIZATIONS FOR LAND -- TROOPS -- GOV PROPERTY AND ALL LISTED HERE --
Millionday: President of the Kurdistan region, Massoud Barzani, has also decided to review all the homes and property leased by the government in order to reduce rent and organize and review the expenses of all government institutions and get rid of excess expenses and regulate imports of the region and the system of investment in Kurdistan.
Millionday: NOTE -- AUDITING ALL FINANCIALS AT PRESENT TIME TO ORGANIZE WHAT IS THE AMOUNT OF THE GOV LEASES AND REAL ESTATE ETC --
Millionday: This drew Barzani demand from companies that are legally and successfully operate in the Kurdistan region of the grant portion of the profits to the state treasury to overcome the financial crisis plaguing the region and to take appropriate measures against companies that got money illegally and grant benefits and revenue fairly to the treasury of the Kurdistan Regional Government .
Millionday: SO HE IS ORDERING CAPITAL TAXATION TO BE PAID AND MAKING SURE ALL IS ACCOUNTED
Millionday: FUNDS FOR THE GOVERNMENT
Papatom: Barzani is clearly moving with the future in mind. he is regulating govt....and he's doing it as the president of KURDISTAN so it's not a mandate from the central govt. he is making himself a leader of the PEOPLE! .... he is reviewing DECADES of assignments, looking for equilibrium...giving back...
what was taken and showing the people he is a leader serving the people not the people serving him....I think it's brilliant and it's a clear sign of the expediency of the coming value increase. hows that for fast typing?
Millionday: SMILE -- I AGREE THAT HE HAS AGREED ON TAKING THE NECESSARY STEPS FOR THE REFORM AS HE HAS ANNOUNCED AND HAS ALSO BEGUN -- THE UNITY THAT THIS SHOWS IS HUGE AND LONG COMING
buck: is this the same barzani that is on the suspect list for taking money????
Millionday: I DON'T KNOW HUN -- IT IS HARD TO SAY IF THAT IS EVEN TRUE DUE TO SO MANY ALTERNATIVE MOTIVES
dale: MD : Last the reports were pointing to last Sunday being the National Reconciliation including many dignitaries from other countries ..... did the National Reconciliation get pushed back? week
Millionday: THE NATIONAL RECONCILIATION REPORT THAT WE HAD INCLUDED SOME HARD TRANSLATIONS AND LEFT US CONFUSED IF THAT MEANT THE ANNOUNCEMENTS FOR IT COMING OR ANNOUNCEMENT TAKING PLACE AT THE CONFERENCE –
THE MEETING WAS HUGE AND INCLUSIVE OF MANY REPRESENTATIVES -- THE FORMAL CONFERENCE AS A UNIFIED REFORMED COUNTRY IS REPORTABLY DURING OR AROUND RAMADAN
Millionday: OK BRB WITH MORE -- A LOT OF VERY INTERESTING NEWS AND NOT IN ANY ORDER SO DON'T GO ANYWHERE
Comments may be made at the end of Part 2 Thank You