Millionday Roundtable 12/13/13
[millionday] here we go france and the UN -- Organization for Economic Cooperation and Development (OECD) of the UN, Iraq's president of the working group for the program to protect investments in the Mediterranean region, while confirmed the National Investment Commission, said the choice came after the economic achievements of the great achievements the country during the past periods.
Explained the body, through a statement received "morning," a copy of it, that "the Organization for Economic Cooperation and Development (OECD), the UN with the participation of France chose to Iraq to head the working group to protect the investment in the Mediterranean region, belonging to the investment program in the Middle East and North Africa."
Read More Link On Right
[millionday] The statement, that the organization chose to Iraq during a conference held in Paris last week, titled "care investment in infrastructure in the Middle East and North Africa: risk mitigation in times of instability."
in turn, considered the head of the National Investment Commission, Sami al-Araji, who like Iraq at the conference, said the choice of the country as president of the group demonstrates the valuation of these countries and the organization for his Iraq steps on the road to rehabilitation of its economy and promote and create an encouraging investment environment contributed to the operations of the rebuilding of Iraq, and confidence in the country's ability to continue what he started,
[millionday] wow very nice - you bet they have done a lot and that is an understatement
[millionday] The desire to strengthen Iraq's role in the organization and take advantage of the maximum, which provided expertise and practical knowledge in the areas of interest that Iraq needs.
"said al-Araji, according to the statement, that" the choice of Iraq for the presidency of an international working group dealing with the protection of investment represents a strong message to investors about the faith of Iraq the importance of investment to rebuild the country and the extent of its commitment to ensuring the rights of investors,
which will encourage them, especially hesitant to deal with him, "praising" the cooperation of the organization with the authority, which began in 2010 and in important areas, including the implementation of investment projects and urban infrastructure projects different.
[millionday] so if this doesnt spell confidence -- not much more would-- obviously they are ready for Iraq to move forward with investment and dont feel security is going to be an iss brb with more
[millionday] Ismail Radi, the importance of the legislation law allows the formation of a higher council independent of economic reform, to support and develop the productive sectors and the economic policy of the country.
Radi said (of the Agency news): The national economy needs a higher council independent means Baktaath different and provides support in terms of preparation -
[millionday] The feasibility study and strategic plans, as well as determines the economic policy and the necessary state institutions to apply.
added: should the use of international companies and international experts in the management of this Council to provide advice and expertise in the economic field, stressing that it is an important step for the advancement of the national economy.
called to: the need to speed up the enactment of the Law Reform Council Economic for submission to the Presidency of the Council of Representatives for the purpose of voting on it.
[millionday] we know this was signed off on with the ministers and as we saw yesterday the gov is ready as well understand that we are going to have multiple things coming out during this process
[millionday] brb with more anyone have anything they want to bring
[wilbur48] he amount of transfers from the surplus of the investment budget to the National Committee for the crowd.. 12.12.2013 14:51 Confirmed the General Secretariat of the Council of Ministers, the Council decided that the Ministry of Finance to redeploy an amount of twenty billion dinars from the budget surplus investment to the Committee of the crowd nationally.
According to the Department of Cabinet Affairs, the Office of the Information and Communication government that the Council decided in its session usual first session held on 12.10.2013 The Ministry of Finance redeploy an amount of twenty billion dinars from the budget surplus investment to the Committee of the crowd National: to implement the business assigned to it in 2013 to include projects in the investment budget as an investment expenditure.
decision came on the basis of what has been presented by Deputy Prime Minister d. Saleh al-Mutlaq in an emergency during a session of the council meeting.
[millionday] i see the article that states they are coming back after we have watched them working -- how funny is that
[millionday] thanks wilbur48 it appears that they are keeping the funds but are cutting what they are keeping -- now that is great
[Hunch] wilbur48 did you get yesterday's question answered? The one about the WTO?
[millionday] there is that emergency meeting -- remember they said flooding lol
[wilbur48] yesterday saleh was saying they need to get it done
[millionday] oh yes -- and the imf is saying the same as it seems
[Florida Country Girl] Millionday that report you brought in last night what decision are they making on the 21st
[millionday] Florida Country Girl that was a dooooozy
[wilbur48] millionday here one to make ya happy, Parliamentary Finance Committee confirmed on Thursday that it will make some amendments to the Banking Act for the advancement of investment banking in Iraq.
The committee member said Haitham al-Jubouri told ((newspaper rectitude)) "The Finance Committee will make some amendments to the Banking Act and through it will enable the banking sector from the investment of funds for the purpose of supporting the economic sector during the upcoming period.
[millionday] did i spell that right ?
[Florida Country Girl] Yes ma'am
[Rudie] millionday looks good to me
[millionday] smile-- and yes it does make me happy --- we are at the door it seems by the many references they keep making to the next period
[wilbur48] here the rest of the story..He added Jubouri that "the new amendment will address the problems of the banking sector.
Jubouri said that "the Commission has succeeded in organizing a workshop in coordination with a number of international banks which were able to identify the weak points and the lag in the Banking Act as well as the need for the adoption of advanced information technology for the purpose of upgrading the movement of investment in the country. End
[Florida Country Girl] In dinar recaps someone is saying you called the date the 21st
[dinarmamma] Or was that another word? Next means This?
[millionday] article 28 is what is left so they must be going through it all -- great news hun
[lorijeanmarshall] Florida Country Girl They must be referring to this...... hmm sure looks like what we are watching -- smile formal statement on IMF date of action december 21st, 2013 researching see you all later if i find anything
[millionday] oh yes -- now that was great --- good find
[Florida Country Girl] They are I commented but they didn't publish it go figure
[lorijeanmarshall] millionday What was that about the 21st? I was lost
[millionday] oh goodness -- no i have not called the date
[Florida Country Girl] Me too
[millionday] that was what the imf said for that report
[lorijeanmarshall] millionday I figured you weren't. But you know how some folks are
[millionday] brb i know right
[Florida Country Girl] That's what I tried saying but not published
[lorijeanmarshall] millionday Is the IMF calling for Iraq to get them the rate by the 21st?
[millionday] let me find the report brb
[lorijeanmarshall] millionday Ok
[wilbur48] I missed something what did the imf say and when