Millionday News 10/10/15
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Millionday: THIS FIRST REPORT THOUGH
Millionday: READ EVERY WORD
Millionday: NOTE -- THIS IS A VERY FORMAL MEETING
Millionday: Finance Minister Hoshyar Zebari, on Friday, that the government's policy in the financial and administrative reform and in the fight against corruption in line with IMF and World Bank policies of international ".
A statement by the Ministry of Finance received / scales News / Zebari "head of the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank and the accompanying public debt circles managers and the delegation, and the Fund for the Iraqi Development, and the budget in the Ministry of Finance,
Millionday: NOTE -- THIS IS NOT JUST AN INTERVIEW -- IT IS THE PRESENTATION RESULTS FROM THE IN PERSON MEETING
Millionday: NOTE -- IRAQ`S REFORM IS COMPLIANT WITH WB AND IMF -- ====INTERNATIONAL COMPLIANCE
Millionday: met with Sri Mulyani World Bank managing director in the presence of Each of the vice president of the Middle East and North Africa at the World Bank, and the director in charge of the Bank's operations in Iraq, in addition to the Executive Director of the World Bank. "
The statement added that "During the meeting, they reviewed the strong relationship between Iraq and the World Bank and Iraq's desire to get help bank financing of the budget and in investment in infrastructure,
particularly in restoring stability in areas that have been freed from the entity Daash terrorist through the mechanisms in place at the World Bank In particular, loans and development policies need to obtain such assistance during 2015 ".
Millionday: NOTE -- THIS YEAR THE WORLD BANK AND IRAQ WILL BE RESTORING THE AREAS FREE OF TERRORISM -- WHICH GROWS EACH DAY
Millionday: The Minister of Finance "that the government's policy of administrative reform and financial and in the fight against corruption in line with the IMF and World Bank policies and that the government continues this policy despite the continuing challenges of lower oil prices and the war on terrorism
and the requirements to meet the humanitarian needs of the displaced people, also touched on the deficit in the budget of 2015 and continuing in 2016 and measures taken by the government to cover the financial gap in the budget. "
Millionday: NOTE -- THE REFORMS WILL GO FORWARD THIS YEAR AND INTO NEXT -- EVEN WITH THE OIL PRICES ETC
Millionday: SO AS WE SEE THEY WILL CONTINUE MEETING TO ENSURE THE FUNDS ARE ALL GOING TOWARD MUCH NEEDED UTILITIES AND FOR IRAQ`S MUCH NEEDED AND AWAITED DEVELOPMENT AND REFORM
puffdragon: So iraq meets all wb and imf requirements no further stumbling blocks !!
Millionday: THEY ARE HAPPY WITH THE REFORMS AND SEE NO STUMBLING BLOCKS -- AND ARE ALSO GOING TO HELP THEM AS THEY REFORM --
sassy: Then why did WB turn them down for a loan
Millionday: ASSISTANCE IS MUCH BETTER THAN A LOAN
teddi: Sassy, However, Iraq was turned down for financial assistance to meet their budget deficit presumably until Iraq can protect new funds from being in danger of being funneled off as before.
Millionday: CBI HAS ALSO STATED THAT THEY HAVE THE FUNDS TO COVER THE BUDGET -- THEY ALSO ARE BLESSED WITH VERY INTERESTED INVESTORS
puffdragon: Have they passed the investment law yet ?
Millionday: THE AMENDMENTS ARE DONE ONCE AND FOR ALL --- THEY WERE THE BEST FOR LESS RED TAPE FOR INVESTORS ---
Millionday: THIS WAS SENT LAST WEEK TO PARLIAMENT AND I WILL BRING ANYTHING I HAVE ON THEM PUFF
Millionday: NOTE -- THIS IS ABOUT TRAINING AND HOW THE OLD WILL LEARN THE NEW
Millionday: Mustafa al-Hashimi governing the Arab Academy for Banking and Financial Sciences one of the joint Arab action institutions of the Council of Economic Unity of the League of Arab States, training programs for the remainder of 2015, in Erbil province of Kurdistan.
A source at the Academy «morning» yesterday that the human resources management program will begin in the month of November for the period from 22 to 26 than for training on human resources and modern role in increasing the productivity of institutions.
Millionday: NOTE -- CLASSES WILL TAKE PLACE IN ERBIL FOR BOTH NOVEMBER AND DECEMBER FOR HUMAN RESOURCES SO NEW POLICIES CAN E UNDERSTOOD
Millionday: He added that the month of December programs will address the subject of documentary credits and international trade for the period from the sixth to the tenth of it,
also will be among the programs the subject of international trade and contracts sales and the basics of letters of credit and bank credit, which will be launched on the thirteenth of the month of December up to the twenty-fourth of it, along with monitoring and follow-up on credit and bank financing (before and after grants).
Millionday: INTERNATIONAL TRADE -- LETTERS OF CREDIT AND BANK CREDIT LESSONS WILL BE DEC 13-24TH AND INTERNATIONAL TRADE CLASSES THE DEC 6TH -- 10TH
Millionday: ALL IN ERBIL FOR NEW PROFESSIONALS AND THEIR AVAILABILITY
.MOD.subgirlcopy Millionday: what are the chances we have to wait til all the training is done for the RV???
Millionday: THE POLICY CHANGES AND HIGHER NEEDS FOR MORE BUSINESS PROFESSIONALS WOULD NOT GIVE A DATE FOR THE INTERNATIONAL ACCEPTANCE OF THE DINAR IN THE MARKET --
BUT IS A CLUE THAT INTERNATIONAL TRADE WILL BE EXPANDING DUE TO THE ADDED NEED OF MORE PROFESSIONALS
Millionday: THEY ALSO HAVE E-GOV AND ONE STOP SHOP AND ALSO YEARS AGO BUILT A DEVELOPMENT BUILDING WITH WORKING INFORMED EXPERTS
Baxter1243: any news on what happened to Maliki and his 48 hours? its been a week now...any news articles on this?
Millionday: I WILL SEE IF I HAVE ANY -- THE LAST I SAW WAS ALLAWI AND HIM ARGUING -- BUT WILL BRING WHAT I HAVE HUN
Baxter1243: Kind of makes Abadi look weak to me..... Ok thx
Millionday: Imad emirate called economic academic d. Rahim Hassouni to develop (the Federal Council for Oil and Gas) for his contribution in the development of Iraqi oil policy and determine the organizational structure of the administration of that policy, indicating the importance that consists of leaders of the oil sector in the departments of the Ministry and the extractive companies and experts relevant government agencies and a representative of the Kurdistan region and the provinces.
Millionday: NOTE -- HASSOUNI HAS BEEN ASKED TO FORM FEDERAL COUNCIL FOR THE HCL TO BE MONITORED ETC
Millionday: He said Hassouni in interview »morning» that the duties determined in the strategic framework of the oil policy through short-term, medium and long plans, especially with regard to the activity extractive and field development and investment policies, supervision and control and follow-up on the work of foreign oil companies in Iraq,
and the granting of licenses for exploration, drilling and construction of refineries and representation policy Iraq's foreign in regional and international organizations and relations
Millionday: NOTE -- THE DUTIES ARE FOR OIL PRODUCTION AND PRODUCTS FOR THE MARKET WITHIN INTERNATIONAL COMPLIANCE
Millionday: Said Hassouni that need require re-establishment of the Iraqi National Oil Company, new foundations keep pace with the international and domestic developments and be a company (holding) enjoys financial and administrative independence and in accordance with the systems flexible working allows decision-making in accordance with the oil policy of being the executive arm of the Council and that have branches in the areas of Company extractive and financing
It is the central authority responsible for the implementation of oil policy, including the implementation of exploration, development and management of oil and gas fields and to participate with foreign oil companies in the development and exploration programs and production.
Millionday: NOTE -- THIS FEDERAL COUNCIL IS TO OVER SEE ALL OF THE HCL AND THE IRAQI OIL COMPANY ALONG WITH FINANCIAL GAINS AND POLICIES ACCORDINGLY
Millionday: NOTE -- READ EVERY WORD ---ABOUT THE FEDERAL COUNCIL AND THE POLICY OF THE HCL
Millionday: He stressed that the oil policy should be based on a set of constants.
He pointed out that any policy must be consistent with the interests of the people and full sovereignty over its natural resources and aims to preserve the independence of the decision-oil without outside
and keep the oil reserves interventions for as long as possible and try to extend the life of the resource depleted for the benefit of future generations with the trend towards investment in the oil manufacturing industries to take advantage of the added value of the project.
Millionday: NOTE -- ENVIRMENTAL SAFETY AND ADVANCED PROTECTION OF THE NEEDED RESOURCE FOR FUTURE GENERATIONS TO PRESERVE ABUNDANCE
Millionday: NOTE -- READ EVERY WORD -- THIS INCLUDES BUDGETED REQUIREMENTS FOR THIS YEAR`S BUDGET
Millionday: He called Hassouni also to open the way for oil companies to invest in the oil industry and not inconsistent with the constants, explaining that the oil policy is determined by short-term duration
and extends for a period of 4 years and be production capacity limits (5 - 5,5 m) b / d while exports are b (4,900 to 4,400 m) b / d .msheera that it depends on the mobilization of all human and financial resources in accordance with the policy of committed and fair able to reconstruction and construction
and the fulfillment of international obligations government budget, which requires the expansion of production capacities for the oil and gas sector in accordance with specific policy to develop the fields and rehabilitation and expansion of operations research and prospecting and exploration, as well as providing administrative structure and rich and modern for it.
Millionday: NOTE -- THERE IS A PRESENT OIL POLICY THAT IS FOR THE NEXT 4 YEARS -- WHOOPOW
Millionday: NOTE -- UNDERSTAND THAT THE BUDGET FOR THIS YEAR (2015) HAS INTERNATIONAL OBLIGATIONS WITHIN
Millionday: He pointed out that it will contribute to maximize oil revenues to reach (178,850 - 160,600) billion annually dollars if we assume that the price of crude oil does not exceed 100 dollars per barrel during those Madh.utaba Hassouni that the implementation of this policy depends on the expertise
and funds international oil companies operating in Iraq through licensing rounds service contracts in addition to the national effort, and continued either term long-term it starts from the end of the previous period and up to the year 2030
with an estimated production capacity of crude oil up to (8-9) mb / d, while exports are estimated at (7,2 -8,2) after excluding estimated for self-consumption (800 ) thousand b / d, after it was in the previous period (600) thousand b / d because of population growth and the expansion of services and increase the standard of living of the citizens with the active participation of foreign oil companies.
Millionday: >>>>>He concluded by saying this period is characterized by sustained high crude oil prices due to the growth of the global economy .
Particularly in East Asian countries, albeit slowly because of increased efforts to protect the environment and the search for cheap and efficient, adequate and stable use of alternative energy sources.
And a shift toward natural gas as an energy source, particularly as a fuel for electric power generation and this path is increasing over time due to the cleanliness and high efficiency compared to oil.
Millionday: SO AS WE SEE -- THE ADDITION OF THIS FEDERAL COUNCIL IS TO PLACE OIL PRODUCTION OF IRAQ WITHIN ALL GUIDELINES -- INTERNATIONAL AND REGION
Millionday: HUGE PROGRESS
Tex1: Can U say more about the budget and international requirements
Millionday: THE INTERNATIONAL BUDGET REQUIREMENTS >>>requires the expansion of production capacities for the oil and gas sector in accordance with specific policy to develop the fields
and rehabilitation and expansion of operations research and prospecting and exploration, as well as providing administrative structure and rich and modern for it.
Millionday: THE THING IS THIS
Millionday: THE AGE OF MOST REFINERIES THROUGHOUT THE WORLD INCLUDING HERE -- IS SHOCKING -- DUE TO THE OPPORTUNITY THROUGH LOGISTICS AND THE REFINERIES MORE ADVANCED DUE TO DESTRUCTION HAS GIVEN IRAQ IMO –
AN OPPORTUNITY TO EXPAND THEIR REVENUES AT THIS TIME OF LOW OIL PRICES -- SO IMO –
THIS IS COMPLIANT WITH BUDGET LAW –
WHICH INCLUDES SOME RESEARCH --EXPANSION--EXPLORATION FOR MORE CLEAN ENVIRONMENTAL STEPS AND MORE MODERN STEPS
Millionday: IMO -- WHILE THE PRIVATE SECTOR GROWS/ESTABLISHES ETC -- JUST OIL ALONE WILL NOT BE ENOUGH TO PAY DEBTS-- DEVELOP ETC -- SO THIS WOULD BENEFIT THE GLOBE AND YET ALSO GAIN REVENUES FOR IRAQ
puffdragon: 2015 budget has international obligations, can they do without rv, or am I missing something ?
Millionday: PART OF THE BUDGET INCLUDES REVENUE BENEFITING INTERNATIONAL AGREEMENTS-- MANY STRATEGIC AGREEMENTS HAVE BEEN MADE –
IMO THIS IS TELLING US THAT SOME ARE PART OF THE BUDGET THAT IRAQ WILL BENEFIT FROM
puffdragon: Can they benefit without revalue ?
Millionday: GOING BACK TO THE LACK OF NEW OIL REFINERIES AND IRAQ`S ABILITY WITH NEW EQUIPMENT TO SHARTE INFO AND ALSO PRODUCE PRODUCTS THAT MAY BENEFIT OTHER RECESSION HIT ECONOMIES AND ENVIRONMENTAL GOALS AS WELL
puffdragon: Do not see a benefit at 1166 ?
Millionday: THE POINT IN THIS IS THAT THEY ARE TALKING ABOUT THE OIL AGREEMENT DONE FOR 4 YEARS AND FORMING A FEDERAL COUNCIL TO ENSURE REVENUES AND POLICIES ----
Millionday: I WOULD NOT BE SITTING HERE IF I SAW A BENEFIT MY FRIEND
Millionday: VERY IMPORTANT REPORT
Millionday: READ EVERY WORD
Millionday: Accept Finance Minister Hoshyar Zebari, on the sidelines of the annual international conference of the World Bank Group and the International Monetary Fund held in the Peruvian capital of Lima, the political, economic and security situation in the country, and reform measures the government plans to achieve financial stability and economic.
Millionday: NOTE -- IRAQ SHOWED THEIR REFORMS AT THE LIMA ECONOMIC CONFERENCE
Millionday: According to a statement issued by the ministry, «morning» received a copy of it, the «Zebari held in cooperation with JP Morgan, Sameenara, about the challenges faced by Iraq financially and security, where the minister reviewed the policies and procedures for the government to cut public expenditure and the financing of the budget, solutions and alternatives that resorted to by the government during the 2015 deficit, to fill the financial gap.
Millionday: He said Iraq's commitment to international transparency standards and the completion of 2016 budget, in the legal and temporal timing.
Furthermore, Zebari took part in the round table meeting of finance ministers and the economy on ways to address climate change, stressing that it can not be climate conversion in isolation from the comprehensive and sustainable development and help oil-producing countries in the management of greenhouse gas emissions and to find a balance between conservation and the requirements of economic growth.
Millionday: SO AS WE SEE -- PART OF THE IRAQI ECONOMIC GAIN WILL INCLUDE ENVIRONMENTAL CONSERVATION -- BUT THROUGH THE CONFERENCE ARE ALSO GETTING HELP TO MAINTAIN THIER BUDGET AND MINIMIZE THE DEFICIT
Millionday: BRB LET ME SEE IF I MISSED ANYTHING
Millionday: NOTE -- THIS WEEK 2016 BUDGET IS SENT FOR APPROVAL
Millionday: HUGE NEWS >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Millionday: President of the Republic revealed the start of communications and preparations for the Iraq reconstruction conference. According to statements Riasaan Tlguethma «morning» that a meeting of the President of the Republic Fuad Masum, the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri, was the «discuss the security and economic situation and file reforms and ways to strengthen the work of state institutions and to accelerate the passage of legislation».
Millionday: NOTE -- READ THIS ABOUT NATIONAL RECONCILIATION AND THE GLOBE
Millionday: And across the conferees for «their support for the steps that meet the interests of the people in accomplishing what was voted on government and parliamentary reforms».
The statement added that «it was agreed to form a preparatory committee shall undertake practical steps for national reconciliation», stressing the «importance of completing the necessary work to enhance the effectiveness of the state and its institutions fundamental basic legislation».
In addition, it was revealed infallible, during his meeting with the Special Representative of the Secretary-General of the United Nations in Iraq, Jan Kubiš, the start of communications and preparations for the Iraq reconstruction conference, calling on the nations of the world to contribute to its success.
Millionday: NOTE -- THE UN IS CALLING ON ALL NATIONS TO CONTRIBUTE TO THE CONFERENCE
Millionday: WHOOOPOW>>>He infallible «expressed his confidence in the success of the three presidencies form a preparatory committee for the national reconciliation project soon» stressing «the need for this committee includes Iraqi national figures, and to be the United Nations a vital contribution to
the». While across Kubiš expressed his satisfaction with the progress achieved by Iraq by seeking to complete the reconciliation and reconstruction in the conference.
Millionday: SO OBVIOUSLY -- THE NEWS OF THE CONFERENCE TAKING PLACE SHOULD BE SEEN BY US IN THE NEAR FUTURE ---IMO
Millionday: GREAT NEWSTIME
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