Millionday News Time 8/22/15 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOTE -- THE BANKS HAVE TO SERVE THEIR ROLE IN THE REFORMS -- THE NATIONAL ECONOMY RELIES ON IT
Millionday: a development bank that the implementation of the idea of establishing a development investment bank specialized financing business joint capital from government and private banks and businessmen, is gaining importance great in activating the investment sector,
provided that the bank is managed with the mentality and the spirit of the private sector in order to run a free manner and be its Board of Directors resolutions powerful and fast.
Millionday: NOTE -- OBVIOUSLY BANKING ROLES BY DEMAND -- AS HERE EACH TYPE OF BANK SERVES AN IMPORTANT PURPOSE
Millionday: READ EVERY WORD>>>>If it was established that the bank succeeded it would be a magnet for funds investors from within and outside the country through the issuance of Law of the funds and instruments of investment,
which requires project finance large amounts of money does not come only through intercontinental funds in an effort to ease pressure on the state budget, which was no longer able to create funds for investment projects, where I took the operating budget creeps on the investment budget to eat them as devoured cows seven lean cows seven quail, so let's reform the path of the banking sector as a whole.
Millionday: SO ---IF THE FUNDS IN BANKS ARE ONLY FOR OPERATION --THE FUNDS ARE ONLY FOR SPENDING --- IF THE BANKS ADHERE TO THE ROLE AT HAND --
THE DIVERSITY OF BANKING ALONE WILL ALLOW -- INFRASTRUCTURE --INVESTMENT -- OPERATION -- LOANS FOR BUSINESSES -- SAVINGS -- BENEFIT DISPERSMENT AND THE LIST GOES ON --
SO ALONG WITH THE REFORMS -- BANKING IS PARALLEL
Millionday: NOTE -- HUGE HUGE -- READ EVERY WORD -- SMILE
Millionday: Fatlawi called an expert in economic affairs to the need to develop a road of reform and improve the economic reality map through a review of many of the economic issues in line and the current situation indicated that the establishment of industrial cities and speed up the implementation of orientations aimed at transforming the economy from a totalitarian system to a market economy and focus on the diversity of the production structure of one of the main requirements of the required reforms.
Millionday: NOTE -- THE CALL IS THAT DIRECTLY FROM THE ACTIVATION OF THE ECONOMIC REFORM THERE IS A NEED TO MOVE DIRECTLY TO A MARKET ECONOMY –
THIS REQUIRES ACTIVATION OF THE LEGISLATION IN PLACE WITH PRICING ETC FOR GLOBAL TRADE
Millionday: NOTE -- PRODUCTION CAN NOT THRIVE WHILE CONTAINED TO THE BORDERS OF IRAQ FOR TRADE -- OR AT LEAST CAN NOT COMPETE
Millionday: She expert d. Peace Sumaisem to the possibility of advancement of the industrial sector through the introduction of modern methods and the formulation of economic policies running on unproductive projects and encourage the private sector and to develop strategies that would promote the sectors of production and service and search for ways to diversify generation sources of gross domestic product.
Millionday: NOTE -- ALL BUSINESSES NEED TO TAKE PART IN THE CALLED FOR AND PLANNED DIVERSITY OF IRAQ`S MARKET/GDP MORE NOW THAN WHEN IT WAS FIRST REQUESTED DUE TO OIL PRICES
Millionday: NOTE -- REMEMBER THIS IS ONE OF THE ECONOMIC EXPERTS
Millionday: NOTE -- PROMISED A MARKET ECONOMY --- AVAILABILITY OF ALL THAT AN INVESTMENT ECONOMY BRINGS
Millionday: >>>>In conclusion, Sumaisem her reference to the importance of not relying on tight rentier economy to hurry to find a logical solution to get rid of the crisis facing the country and conducting economic reforms.
faith1: this goes out to citizens in am ? and the reference to 48 ? 48 hr activation ??!!
Millionday: YES IT DOES -- SMILE
faith1: it was first article.... i think ..48 ?
Millionday: I THINK IT WAS THE FIRST REPORT TOO
Millionday: Joseph Zayer within the general directions of the government to reform the economic and financial situation in the country demanded that the Parliamentary Finance Committee, Prime Minister Haider al-Abadi end the file losers in the ministries of industry, transport companies within the budget next year for the existence of a financial burden on government revenues.
Millionday: A member of the Committee Faleh applicable in remarks followed up «morning»: The «general budget for next year will see the lack of financial liquidity as a result of lower oil prices and exchange the government huge sums in its war on terror in all the provinces calling on Prime Minister Haider al-Abadi to end the file losers in the ministries of industry, transport companies within the budget next year to provide funds those companies to the government and the conversion of all employees of those companies to other companies you can bring strong financial revenues »
Millionday: NOTE -- THIS IS THE CALL TO RESOLVE THE PROBLEM WITHIN COMPANIES THAT ARE NOT STRONG IN ONE WAY OR ANOTHER NEXT YEAR TO HELP WITH DEFICIT
Millionday: It is his part, economist Karim Mustafa competent industrial sector, in a special interview for« morning »that Iraq possesses an industrial sector considerable includes the public sector, manufacturing the military, the mixed sector.
Mustafa noted that the State has invested in this sector huge amounts of money but still hang due to the outdated production lines, the lack of investment allocations, recruitment excessive, bureaucratic and management productivity underdeveloped, and general economic policy encouraging the import invoking a significant negative side.
Millionday: NOTE -- PUBLIC COMPANIES THAT ARE PULLING FUNDS WITHOUT ENOUGH RETURN CAN BE DISOLVED TO TIGHTEN THE PURSE STRINGS NEXT YEAR
Millionday: He added Expert «there is pressure to sell these industries, domestic and foreign private sector. But surely that was done would be cheaply and on the workers who will lose a large part of them and their jobs to the fact that the buyer wants to reduce production costs to the lowest level ».roy Mustafa«
The best solution account is to rehabilitate these industries, and as long as this solution collides not provide investment allocations , the partial rehabilitation may be available option, based on the specific productivity of the rehabilitated lines and requires that the products of these lines are required in the market.
Millionday: SO -- THE IDEA IS THAT SUCH LOW OUTPUT WILL IMPACT THE PAY TO THE EMPLOYEES SO, IF SOME COMPANIES DO NOT SHOW STRONG ENOUGH RETURNS IN THE COST ANALYSIS ETC -- THEY MUST BE DISSOLVED
Pablo: Okay, the obvious question, this 48 hour implementation for the economic reforms, would that include an RV?
Millionday: GOOD QUESTION
Pablo: If they're going global, they would have to be internationally recognized.
Pablo: At least you would think so.
Millionday: YES THEY WOULD
Millionday: AND WITH STOCK MARKET REFORM AND BANKING REFORM IF IT IS ENTIRELY WOULD REQUIRE INTERNATIONALLY RECOGNIZED
Millionday: MARKET ECONOMY IN THE GLOBAL ARENA REQUIRES IT
GrannieAnnie: They could go global at the rate they are at now though. Although imo it would not be smart.
Millionday: NO THEY HAVE TO DO THE ORDERED INTERNATIONAL EQUATION -- GLOBAL PRICING INDEX APPLIES TO EVERYONE DOING TRADE THROUGHOUT THE GLOBE -- IT IS WHAT MAKES TRADE FAIR
Pablo: Do we have any updated info on Alalak?
Millionday: NOT YET -- HAVE NOT BROUGHT ANYTHING ON HIM YET
Pablo: Someone on the Observer suggested that he's resigned, though there was no ink on it at the time.
Millionday: I WILL BRING ANYTHING I HAVE
jackflash101st: My opinion for what its worth I do not think theres anything malike, man in the moon madhat alak can do to stop this it a train rolling through to the station as we speak...jmo
Millionday: NO ONE MAN CAN STOP THE REFORMS OF A NATION
mudder: But they can sure slow them down...lol
Millionday: NOT AT ALL
Millionday: THERE IS NOT A MAN ANYWHERE THAT CAN STOP THE REFORMS OF A DEMOCRATIC SOCIETY
Millionday: THIS IS CALLED THE BIGGEST REFORM SINCE 2003
Millionday: Package Abadi welcome and root out corruption is the goal wrote the morning Editor: in the latest US stance on the reform of the Iraqi administration and root out corruption plan launched by Prime Minister Haider al-Abadi on the ninth of this month,
the Washington Post published an analytical vision of a survey by the political writer known for Ovdaa Morris included the phrase of approaches, provisions and readings proactive results, via live data on the forms of corruption, stressing
Millionday: NOTE -- THERE IS ONE STATEMENT IN HERE THAT IS AN AH HA
Millionday: that the goal of the reform Garah.oivhb campaign Morris that the reforms recently announced by al-Abadi package have been well received on the account the possible transformation of the situation of the country point, but at the same time call for caution.
The powerful Officials who were reaping the benefits of the restoration of the status quo, or those who may be subjected to scrutiny and accountability, may take the initiative to implant the way for al-Abadi efforts obstacles and hurdles.
Millionday: >>>>The powerful Officials who were reaping the benefits of the restoration of the status quo,---THINGS THAT MAKE YOU GO HMMMM
Millionday: HANGING ON TO SHIRT TAILS IS NOT ALL THAT BAD
Millionday: OK SO THERE WE HAVE IT
Millionday: LOTS OF INFO LOOKING FOR ACTION --