[millionday] here we go
[millionday] The House resumes its sessions on Saturday to vote on the two bills With the exception of its agenda to discuss the situation and the events of Anbar.
A statement by the Council and the agency has received the "eye of Iraq News" copy of "The agenda of the meeting includes a vote on the draft law on ratification of agreement on the encouragement and protection of investment between the Government of the Republic of Armenia and the Government of Iraq and the vote on the draft labor law."
The witness Anbar province, military operations between security forces and terrorists in Anbar tribes announced their support for the security forces and fight the armed groups.
[ROBINREDHED] my budget freezes my world
[millionday] the vote on the labor law is huge - huge they have been very upset over it not being in place and remember this was a huge problem when the US showed up -- so this is great for all to see
Read More Link On Right
[millionday] saturday is also when the budget is voted on or at least presented but let me get it brb
[millionday] The committee said in the House of Representatives, said the government will send a general budget bill to parliament next Saturday, noting that it is estimated at 150 billion dollars, of which 60% of the operating budget and 40% of the investment deficit of between $ 20-25 billion dollars.
A member of the Economic Commission MP Khalil Mahma in a press statement on Thursday, "The government has informed the House that it would send the federal budget for the year 2014 on Saturday after the completion of modifications and changes in it," he underlined that "Parliament will be in front of a national task in order to avoid All the problems of the adoption of the budget as soon as possible. brb with more
[nona] millionday does it make sense that they would want to draft the budget using the new rate?
[millionday] off topic a little but huge for the region
[millionday] yes it does but they may not and keep it at percentages
[millionday] Supreme Committee for the Protection of the family, held a meeting deliberative with the Supreme Judicial Council to put the instructions and controls that will organize the work of the offices of legal marriage and to ensure the civil rights of a married couple.
came during a meeting held the office of President of the Commission and the Secretary of State for Women's Affairs d. Invocation Kasd Zaidi, who discussed the topics listed on the agenda, and take a number of recommendations.
statement by the Ministry of Women received the Agency (news) copy of it: that the members of the committee discussed the Interior Ministry report on the visit of the Department of Family and Child Protection from domestic violence, and the visit of the Minister of Women's Affairs offices legal marriage in the city of Kadhimiya and the results which follow them, and the law of the authorized legitimate, and the latest developments on women.
statement added that the committee had concluded several recommendations, the most important meeting of deliberative with the Supreme Judicial Council to find a suitable mechanism governing the work of the offices of legal marriage, and approached the Ministry of Justice to allocate a place for cases domestic violence within the position of women
[millionday] smile just thought it was nice to see brb with more
[Imperator] A civilized nation protects it's women from domestic violence.
[tbob] social issues -- WTO??? hmmmm
[nona] millionday very cool to see the social reforms taking place as well* *
[nona] Imperator i agree absolutely
[Imperator] And a milestone for an Islamic nation.
[nona] Imperator indeed! hopefully a model for others to follow
[tbob] humanitarian issues -- hmmmmm
[Imperator] great observation tbob
[tbob] just calling it like i see it* *
[millionday] here are a couple things that show you what they are doing they are not new but lets not forget what we are seeing
[millionday] The Governor of the Central Bank of Iraq acting Abdel Basset Turki, all efforts to radically change the laws in the banking sector, under the guidance of the International Monetary Fund, stressing that «the new laws that advance economic reality».
He said during a seminar held by «Central» to discuss amendments to its law office in 2004 and the Banking Act and the law against money laundering, that «the delegates of the IMF in Washington advised us to play a developmental role and not limiting the role of central banks to regulate the monetary policy of their countries».
He pointed out that «the central bank to take this guidance, which is preparing an economic development plan that will promote the economic reality of Iraq».
[millionday] He pointed out that «most of the laws on the banking sector approved either after the change in 2003 or during periods varied environment exactly what we need today, so it has to be modified the Banking Act, which limits the movement and activity of private banks, local and even Arab and foreign companies operating in Iraq».
The Turkish during the seminar, which will continue its work for five days and involving a number of academics, experts and managers of banks, that «the central moving towards amending the anti-money laundering, as is the case with other countries that are looking through the experts, the possibility of the development of law».
He pointed out that «Sikad an international conference in Bahrain on 25 ongoing to determine the main obstacles facing the law and put forward the possibility of a new version compatible controls and mechanisms for all countries».
[Relivfreedom] As in economic reality rate millionday?
[lorijeanmarshall] millionday Was this from todays news
[millionday] here are a couple things that show you what they are doing
[millionday] they are not new but lets not forget what we are seeing
[millionday] this was posted before this and here comes the rest
[lorijeanmarshall] millionday Ohhhhhhhhhh, ok. That's fine. Just wasn't sure
[millionday] smile -- last day of november
[millionday] and they have announced the banking reform already so just a high light of what we are doing here for those of us that are getting a little tired of waiting
[millionday] The CEO of the company «Beblan» British Circo Abed, specializing run banks, according to what is known as «the banking system mass email», that «the Iraqi central focus two years ago, the problem of the scarcity of capital, which makes it difficult to enter into contracts with investment firms or executive foreign,
they are demand bank guarantee letter of very large amounts of capital in excess of the Iraqi banks ».
He said «After raising banks' capital Another problem was the failure of the mechanisms of action of these banks, Vaovernmah of them are still operating systems completely forgotten in the rest of the states,
the private have been applied simple systems, which led to the reluctance of banks, Arab and foreign investment for work in Iraq as they need systems To keep up with the regulations ».
[millionday] so as we see -- we have a lot done and a lot to gain along with the iraqis
[millionday] now with the security and fighting in the south -- it would seem to me that the smartest thing is to activate the economy so
[Imperator] Scarcity of capital makes me smile
[millionday] seeing the labor law going through on or to on saturday is huge and of course the lack of cash right before they are closed for a couple days is not bad and
[millionday] also that they are planning on bonds on the 7th and have activated the tariff and customs
[millionday] so we are in a great place -- know one thing this is huge and the labor law is huge news for the iraqis and for us and for all it is huge
[lorijeanmarshall] millionday Can you briefly explain how the bonds play into all of this?
[lorijeanmarshall] Thanks. Folks were asking today
[millionday] bonds are for the gov -- they sell them and the person agrees to hold them for a certain time and they gain interest that is agreed on they choose economically how many they need to sell it is an economic tool
[lorijeanmarshall] But they would have to sell at the new rate or go broke right?
[millionday] yes i would agree
[Imperator] And replaces the auction to keep the rate stable
[lorijeanmarshall] Thanks for taking the time to explain that real quick This way peeps can read in chat post
[millionday] yes it is to keep inflation and the rate stable -- economic stability no problem hun -- glad to help
[millionday] will come in if any big news shows its face