Millionday Roundtable 7/22/15 Part 1 of 2
Welcome to dinarupdates.com for Roundtable with Millionday!!
Millionday: HERE WE ARE AFTER EID -- WHOOPOW
Millionday: NEWS SHOULD START CHANGING SOME -- ACTION
Millionday: WE SHALL SEE
Millionday: House of Representatives will reconvene on Saturday amid disagreements continue to hamper reaching an agreement to pass important laws, while Stejem the hearings security breaches that have occurred in the last term and in particular the terrorist bombing of the long hand of Khan Bani Saad, inflicting many of the martyrs and the wounded.
Parliament rapporteur Emad John said, "morning", that "the Presidency, which identified the dates of the meetings have not yet identified a law that will be discussed at the meeting," pointing out that "determining the laws to be raised for discussion or vote is usually before 48 hours before the start of meetings. "
Millionday: NOTE -- THIS MEANS THIS COMING SATURDAY FOR FORMAL PARLIAMENT BACK AT WORK
Millionday: And on the important laws of national Kahars and the Federal Court and the Justice and Accountability, warned Parliament a decision that "these laws are based on the consensus between the political blocs that bear in turn delay the legislation," adding It "needs to be intensive meetings between the heads of the blocks in order to reach agreement on them, especially that it took a long time.
He was President of the Council, Salim al have identified Saturday as the date for holding parliamentary sessions without specifying the laws that will be put on the agenda.
Millionday: SO WHAT THIS MEANS IS THAT THE COMMITTEES HAVE WORKED HARD ON THE MAJOR LAWS SO WHICH IS READY THEY DONT KNOW YET BUT THERE IS TIME
Millionday: The parliamentary finance committee, announced Wednesday that the federal government will send 300 billion dinars to the Kurdistan Regional Government next Sunday.
A member of the Committee Kurdistan Alliance MP Sarhan Slevana in a statement received "eye Iraq News," that Baghdad after Eid al-Fitr holiday, will send 300 billion dinars to the Kurdistan region, as receivables from the export of oil through the region, SOMO. "
Millionday: NOTE -- GREAT NEWS AND VERY INTERESTING TIMING
Millionday: He predicted Slevana "Access amount next Sunday province Christan, adding, that the province issued its oil production now and there are no signs of the start of talks between Arbil and Baghdad on the issue of oil."
The federal government sent in the atheist ten of last May 543 billion dinars to Kurdistan financial receivables for the month of April. And it includes the amount of 33 billion dinars budget for the Peshmerga and 510 billion dinars as part of the region's share of the federal budget for the financial year Alhala.anthy.
Millionday: SO -- DO NOT MISS THAT POINT -- THE BUDGETED AMOUNT FOR THE YEAR FOR KURDISTAN IS 510 BILLION DINARS (NOT DOLLARS)
Millionday: FOR THE YEAR
Millionday: SOMEONE DO THE MATH FOR US
1glen: And the point is???
Millionday: MONEY IS MOVING TO THE KURDS AFTER MEETINGS AND THE UN BEING THERE IN THOSE MEETINGS
ddboys1626: about 437 Million in dollars
Millionday: 437 MILLION FOR THE YEAR -- WOW NOT A LOT
Millionday: I WILL DO SOME COMPARISONS FOR TONIGHT
Millionday: WE HAVE PARLIAMENT ON SAT AND THE BUDGET MOVING ON SUNDAY
Millionday: I WANT TO ADD THIS PARAGRAPH SO THAT WE CAN SEE THE AMOUNT LISTED JUST HERE
Millionday: NOTE -- IT SAYS DAILY
Millionday: Accused the General Authority for the North Bank for Finance and Investment, on Sunday, the Central Bank of Iraq not to meet the needs of the Iraqi market of hard currency for the past five months and refer it the responsibility of the private banks,
while confirming that Iraq needs to pump nearly $ 300 million in the market daily to meet the needs of currency in the currency when he criticized the central bank promised these statements they attack him and "stems from ignorance and lack of knowledge of monetary policy."
Millionday: NOTE -- 300 MILLION AND OBVIOUS ACCUSATION THAT THEY LACK KNOWLEDGE IN CBI
ddboys1626 Millionday: 510,000,000,000.00 /1166=437,392,795.88
Millionday: THANKS HUN -- TO THEM FROM 0.00 THAT IS A LOT OF MOVEMENT I AM SURE
Millionday: NOTE -- THAT WAS THE REPORT FROM LAST NIGHT
jtank: does this mean all that u have talked of the liquidity is now finally moving? They have also redone the hcl agreement so the kurds will get the back pay?
Millionday: THE HCL HAS BEEN LISTED AS ONE THAT WILL BE COMPLETE AFTER EID --- THE LIQUIDITY HUSTLE IS TO MEET BASEL REQUIREMENTS TO HAVE ALL BANKING COMPLIANT ----
THE HUGE PART OF THAT REPORT IS THE OPENING OF THE BUDGET >SUNDAY< BECAUSE THE AMOUNT TO THE KURDS IS THE IRAQI BUDGETED AMOUNT FOR THEM FOR THE YEAR
Millionday: THE HCL IS STATED TO BE A VERY SIMPLE RESOLVE DUE TO IT IS A CONSTITUTIONALLY COVERED ISSUE
Millionday: The head of the government's economic affairs adviser, on Monday, that the launch of the financial allocations for the ministries will be according to the availability of liquidity,
noting that the government will go to borrow and issue foreign bonds to cover the shortfall, while member of the Finance Committee of the Parliamentary stressed the need to solve the problem of the investment budget for its impact on the services provided for citizens, economic expert said that more than four million workers in the private sector have been affected as a result of projects stopped.
Millionday: NOTE -- THEY APPEAR TO BE PREPARING TO RELEASE SALARIES ETC WITHIN BUDGET BECAUSE ALL OF THESE THINGS ARE IN THE BUDGET
Millionday: NOTE -- SALEH STATEMENT
Millionday: He said the appearance of Mohammed Saleh, said in an interview to the (long-Presse), said that "Iraq is going through a financial crisis and austerity which affected ministries received allocations in the budget law," adding that "the amount of the budget will be spent for government departments after the availability of financial liquidity, because up of resources different from what is planned. "
Saleh added, that "the budget allocations for the ministries will be spent according to the availability of funds and revenues," noting that "the government will be forced to postpone some of the things midwife for the delay."
Millionday: NOTE -- NOTE -- NOTE ----RESOURCES ARE DIFFERENT THAN WHAT IS PLANNED -- VERY INTERESTING STATEMENT
Millionday: He said the prime minister for economic affairs adviser, that "foreign loans does not exceed one billion dollars only a little," pointing out that there are "legitimate external borrowing negotiated by the government through the issuance of bonds (Euro Bank) European launches in the world."
For his part, he said a member of the Parliamentary Finance Committee, Jabbar Abdul Khaliq, said in an interview to the (long-Presse), "The government launched the operating budget," returned "The problem lies in the investment budget."
Millionday: NOTE -- THE OPERATING BUDGET HAS BEEN LAUNCHED FROM BUDGET LAW
Millionday: Said Abdul Khaliq, that "the government put some controls for investment projects and completion rates, in a new direction for the disbursement of budget funds", returned it necessary to "solve the problem of the investment budget for its impact on the services provided to citizens."
In turn, the economic expert on behalf of Jamil, in an interview to the (long-Presse), the "no-budget full impact of the government in the 4.3 million Iraqi citizens in the private sector."
Millionday: NOTE -- THE ENTIRE BUDGET HAS NOT BEEN RELEASED FOR INVESTMENT OR SERVICES ETC -- NOT YET
Millionday: He explained beautiful, that "the investment part of the budget represents the backbone of the infrastructure through the implementation of projects that provide jobs," noting that "what launched by the Government of the general budget is just to stroll the affairs of state through the provision of staff who work in the government sector salaries operational budget ".
He said economic expert, that there is "more than 4.3 million Iraqi citizens living on the private sector have been affected as a result of the launch of non-investment budget", Msttrda that "the budget deficit up to 25 trillion dinars, which requires the government to be covered by external borrowing."
Millionday: NOTE -- THE IMPACT IS HUGE FOR IRAQ NOT RELEASING THE INVESTMENT BUDGET AS THAT IS THE GROWTH -- MOVING ONTO PRODUCTION -- PRIVATE SECTOR ETC
Millionday: And it led financial crisis in Iraq as a result of the fall in world oil prices, to give local governments for the majority of service projects, and the shrinking number of workers in the services sector and hygiene.
The Iraqi Council of Representatives approved, (the 29th of January 2015), the financial budget for the current year, B119 trillion Iraqi dinars and a deficit of 25 trillion dinars.
Millionday: He announced the International Monetary Fund, in (the fifth of June 2015) is ready to give Iraq an exceptional financial assistance worth 833 million dollars,
to help him to cope with the economic implications of war with al (Daash) and the deterioration of oil prices in the world market,
noting that the Iraqi economy shrank by 2.1 percent in 2014, the past "because of the violence is the basis", and that "not record" the biggest growth of 0.5 percent this year, 2015.
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