Post From Peoples Dinar
Millionday News Time 7-12-16 Part 1 of 2
Welcome to News Time with Millionday!
Millionday NEWS IS GOING TO BE LONG THERE IS ALOT OF IT AND ALL OF IT IS FULL OF INFO
NOTE -- THIS IS THE PLANS AND WHAT IS GOING ON WITH GOV AND REFORMS
The government plans to conduct serious economic reforms and prepare its ministries pegs for the tent reforms, this axiom does not bother heading off but the need arises mention it here to illustrate the dilemma between the data and turns.
Millionday NOTE -- SERIOUS REFORMS ECONOMICALLY AND IT IS IMPACTED BY THE DATA --
One example Sasrdh to be a model of logical analysis of the challenges and the dilemma of the reforms, the agricultural sector target within the reform package as a shovel in activate the productive sectors aimed to address the unemployment crisis , on the one hand and to achieve security Algmaya on the other hand, reduce dependence on imports to ensure local capital cycle and do not waste hard currency.
NOTE == LAUNCHING THE AGRICULTURE MARKET FOR ECONOMY AND JOBS
data the government in supporting the agricultural sector and reform consisted allocating vast proportion of development loans , which shared equally with the industrial sector of its requirements move sphenoid government, namely the Ministries of Agriculture and water resources to support and ensure the success of the objectives of these loans, let us note what happened , or check?
Millionday in a news item appeared in the Sail media and satellite channels that, the Ministry of Agriculture decided to ban the cultivation of rice , «rice» due to the lack of sufficient water rations needed for this crop strategic, very sound decision which is keen to preserve the dwindling water resources.
but I find it a turn hampering strategic government in adopting the agricultural sector reform where the problem here?
NOTE -- THEY ARE PLANNING ON WHAT WILL BRING THE QUICKEST MARKET
past decade and a half to change and we complain about the diminishing water resources , a problem that the riparian states, but you it leaves unaddressed?
between the year in the country is exposed to the fall of dense rain and even flash floods washed away the soil in some Almnazq question was it not possible to take advantage of this blessing? It did not move wedges to set up projects and the cost of the simplest water harvesting experience
SO THEY ARE FACING AN ISSUE OF WATER FOR AGRICULTURE BUT -- THIS IS ONE OF THE DIVERSE MARKETS THEY ARE PLANNING ON EXPANDING THE EXPAND MARKET RESOURCES
Millionday HERE WE GO ALL ABOUT CBI AND CHANGE
Fatlawi said a member of the Advisory Board of the Forum for Baghdad economic: that the central bank launched Strutijeth for the years 2016-2020 in conjunction with calls for fundamental and comprehensive of the Council of Ministers and the House of Representatives of change, pointing out that the strategy set and painted the road to reform banking
NOTE -- THE CENTRAL BANK LAUNCHED THE YEARS 2016-2020 -- HMMMM SMILE
NOTE -- THIS IS FOR THE BANKING REFORM
Millionday In accordance with the objectives of the main and foremost to support and achieve financial stability, activating the role of financial institutions and the banking sector, the development of the organizational structure and the organizational structure, human capital and activation and integration of internal and external relationships develop.
Millionday NOTE -- THE CENTRAL BANK IS LAUNCHING THE 2016-2020 INTIATIVE TO ACHEIVE FINANCIAL STABILITY AND ACTIVATE THE BANKS AND THE INTERNAL AND EXTERNAL RELATIONSHIPS – WHOOOPOW
Millionday READ EVERY WORD new mechanisms and policies promised economist Samir Abbas Alnasiri attention to mechanisms and new policies that can adopted by the central bank and government and private banks and relevant authorities with regard to the banking reform , according to a method fundamental change desired for the economy in the next stage which is the banking sector
Millionday the first episode and basic in it about it is important. Alnasiri noted that the strategic goals has been to identify the time period their applications to five years to achieve the 23 sub - goals based on the achievement of financial stability, stability of the financial system, uncles financial inclusion and access to institutional reform and structural banking sector in Iraq,
NOTE -- THEY ARE LAUNCHING THE BANKING REFORM SO CBI IS LAUNCHING THE ECONOMIC REFORM AND INTIATIVE
Millionday adding that through the analysis and points the mechanisms of action to achieve the above objectives can be seen that the strategy set clear priorities to achieve reform and that these Protozoa been diagnosed in light of the challenges faced by the banking sector due to the severe economic and financial crisis that is currently afflicting the country own reasons and objectivity.
Millionday NOTE -- THE CBI LAUNCH IS TO REMOVE OR ADJUST THE FINANCIAL SITUATION OF IRAQ
Millionday sufferings of the banking sector , adding that the diagnosis of the priorities of the suffering of the banking sector requires the central bank and the relevant authorities to draw and to develop mechanisms and procedures for processing during the year 2016 and not to wait for five years future by re trust of citizens and customers in the banking sector of Iraq, particularly private banks accompanied by action to increase the rate of savings in
millionday the banks to the proportion of compactness outside banks reaching saving 23 percent ratio and compactness 77 percent , according to statistics, as well as the completion of the structural and technical foundations controlled proactive. He Alnasiri that review and evaluate the results of the banks and reclassified by certified and identify weak banks that need to central bank intervention to restore its activity and bankruptcy protection as well
NOTE - THIS IS THE FULL BANKING REFORM THEY ARE TALKING ABOUT – WHOOOPOW
which have been hurt in the provinces income organization «Daash» terrorist international companies, let alone address currency sale and try to find alternatives to them and to leave entirely and strengthen the central bank 's initiatives in the financing of small and medium enterprises window will contribute to the revitalization of the economic cycle and the diversification of the general budget for 2016 resources. approach to banking reform
millionday NOTE -- THE BUDGET IS GOING TO OPEN ACCORDING TO THIS TO SUPPORT THE ECONOMY
Millionday and suggested that a member of the Advisory Board of the Forum on Baghdad and economic, for the purpose of making a fundamental change to the method of the banking reform as Word Balstratejah according insight into the priorities and challenges faced by the banking sector, the importance of the central bank to study and analyze the reality of the government and private banks by reviewing,
evaluating and rating these banks based on their financial statements and the results of its operations for 2015 and the adoption of an evaluation indicators and clear and based to force banks and standards Act international. setting performance standards and said that the mandate of a specialized team in financial analysis
NOTE -- INTERNATIONAL COMPLIANCE SO -- AUDITING BY CBI FOR ALL BANKS AND ADDED SUPPORT TO SET STANDARDS
Millionday and determine the efficiency of the performance of banking standards in all areas of banking , administrative and credit , preferring that the international team be independent and impartial , taking into consideration the results of the evaluation system of the US for the 2013 and 2014 accompanied by the central bank full control and supervision of the banking movement in Iraq by focusing on proactive control the
electronic office and field and a programmer and outline and identify irregularities and lapses and abuses of executive banking departments and taking sponsor corrective measures to make a fundamental change of approach to banking reform. He concluded Alnasiri his speech by saying: that the application of the Bank 's board of Directors ' decision
millionday NOTE -- SO THIS IS THE FORMAL COUNCIL OF AUDIT FOR BANKING TO ENSURE COMPLIANCE IS KEPT
THIS IS A HUGE STEP FOR THE BANKING REFORM
Central controls on the nomination of board members and staff leaders in the banking and focus on professional competence and functional integrity, reputation and personal brand specialist and expertise are other capable Bhhalp problems and apply the desired strategy perfectly.
SO AS WE SEE THE BOARD IS BEING SET NOW AND THE BANKING REFORM IS MOVING FORWARD
NOW LETS LOOK AT OTHER REFORMS FOR ECONOMIC MOVEMENT
Millionday HOLD ON A SEC I HAVE SOMETHING ON ISX
Millionday REGULATIONS BEING UPHELD/ENFORCED
It instructed the Securities Commission to stock Disable it trading of shares of 20 local company for not honoring the requirements of the financial disclosure and provide the Board with financial statements for the first quarter of the year Alhala.ozkrt body that there are a number of companies within the hot spots, calling heads of boards of management to provide disclosure about the situation overall for those companies for the purpose of co
Millionday NOTE ==TRANSPARENCY AND COMPLIANCE
for those companies for the purpose of continuing to trade its shares on the Iraq Stock Exchange.
The importance of experts confirms that offers companies listed in the Iraq Stock Exchange corporate disclosure early for annual financial statements during the period not to exceed 45 days from the end of the fiscal year include
« the balance sheet and reveal the profit and loss account and disclosed Cash Flow» as well as the annual disclosure of all Khovatha as well as the disclosure of the quarterly according Toukatadth and accountability of the board of directors and executive management in the event of non - compliance with the deadlines.
SO WHAT WE ARE SEEING HERE IS COMPLIANCE ISSUES BEING TAKEN CARE OF --
IF THEY ARE GOING GLOBAL IMO THIS WOULD BE HUGE FOR THEM AND TO SEE THIS BEING ADDRESSED SHOWS A SPOTLIGHT ON COMPLETE INTERNATIONAL COMPLIANCE FOR ISX
LETS LOOK FOR PARLIAMENT AND WHAT HAPPENED -- BRB
Freedomrider Millionday, things are looking good
Millionday I AGREE -- LOOKS LIKE ALOT OF PROGRESS
WHAT HAPPENED IN PARLIAMENT WILL BE A SURE FIRE WAY TO SEE -- SMILE
BRB WITH IT ITS LOADED