Millionday News 12/07/14 Part 1
Welcome to dinarupdates.com for news time with Millionday!
Millionday: WE HAVE SOME IMPORTANT REPORTS TONIGHT -- NOT A LOT BUT HUGE REPORTS AND ECONOMIC
Millionday: SO WE HAVE MORE ON WHAT IS GOING ON
Millionday: OK HERE WE GO EVERYONE --- WHOOOPOW
Millionday: Hussein al-Tamimi Tgb industrial production development investment movement link leads to claim the need to work to create an attractive environment for local and international companies characterized by technical capacity and financial solvency to be able to deal with the privatization of public companies and achieve economic viability of the country ( According to a specialist in economic affairs),
urging to benefit from the experiences of countries that described the economy Balriei (oil) first command, and then hired revenues sustainable development involving all sectors.
Millionday: NOTE -- THEY ARE WORKING TO PREPARE FOR THE ENTRY OF INTERNATIONAL COMPANIES AND ALSO TO ACHIEVE ECONOMIC VIABILITY
Millionday: NOTE -- THIS EXPLAINS PRIVATIZATION
Millionday: With regard to the privatization of public sector companies have noted specialist the honored economic Abdullah al-Jubouri, he a very important topic and addresses the most important economic development axes,
where addresses the problem of a dysfunctional year industrial production, which enjoys the presence of elements of the conversion to make it profitable to adopt the mechanics of a smooth transition to joint-stock companies and then to the private sector, noting that this is the beginning of a transition towards open market.
Millionday: NOTE -- SO AS WE SEE THEY ARE BEGINNING THE TRANSITION TO A MARKET ECONOMY -- GLOBAL TRADE
Millionday: and said that the process of transition We must address the surplus labor in the labs and public sector companies problem, and not to be treated the workers account these companies,
but they can be to ensure the rights of this segment by providing work outlets or calculate them live source appropriately.
He pointed out that the subject of great interest, where There are companies with great potential, and that there is a real division of these companies and their property under the supervision of local specialized committees or international companies with experience in this field,
to keep it away from the specter of corruption, stressing that it is the first step towards activating the industrial production wheel in the country in many industries.
Millionday: NOTE - THEY ARE ACTIVATING THE INDUSTRY SECTOR AS TO PROMOTE THE COMPANIES THEY WILL BE WORKING WITH AND THE ONES WORKING -- MARKET ECONOMY
Millionday: Jubouri be taught the importance of the protection of their products and make them compete with products available in the country, most of which are not subject to testing standardization and quality control. Pointing to what is produced locally is a new tributary to balance the federal state,
especially that he maintains a turnover inside the country and reduces spending on the purchase of various products of foreign companies that require out big money represents Akiem those products.
Millionday: NOTE -- THEY HOPE TO PROMOTE THEIR OWN PRODUCTS AND ALSO KEEP THE PRICE DOWN OF OVERHEAD TO GET INTO BUSINESS-- THEY EXPECT TO CHECK THE PRODUCTS COMING IN AND USE THAT SYSTEM TO ENSURE THE BEST PRODUCTS
Millionday: He stressed the importance that the process of asking those companies to the private sector on a high degree of transparency,
pointing to the importance of being there is competition between companies wishing to get on the shares of those companies that are specialized in their field and have the technical capabilities of technology to bring life to it,
as it requires advanced production lines and qualified for the lines of the current output that can be rehabilitated.
Millionday: NOTE -- THEY WANT TO BE COMPETITIVE SO THEY ARE ADVANCING THEIR PRODUCTION LINES
Millionday: and the importance of being the BSA active presence in the committees which are being prepared for privatization as an official representative to maintain public money from waste and manipulation, especially that he has this regulatory capacity.
Jubouri link between the rehabilitation of public sector companies and the subject of investment, which contribute to activating the production Industrial requires the provision of specialized international effort, which has the most advanced technology,
where calls for international companies with legal guarantees through the provision of a legislative system governing the investment business.
Millionday: NOTE -- THEY ARE GOING TO MONITOR THE EXPENSES IN HOPES OF KEEPING COSTS DOWN
Millionday: and said that the investment business also requires infrastructure is a network Ways specifications quality, providing electric power, where searching specialized companies globally safe environment, especially that most companies want to get jobs in Iraq,
which is the work center in the future, as the need for a large project size and accommodates many international companies.
It should be noted that the prime minister had called for the need to attract global companies for the reconstruction of destroyed cities in the government program focused on foreign investment and partnership private him sector attraction.
Millionday: He said al-Jubouri, the importance of benefiting from international experiences, which described the economy first thing Balahada or rent, and managed investment and imports in the activation of other economic sectors,
indicating that the contribution of the oil sector in domestic production became represents 28 percent after it was 95 percent, where it can benefit certainly on these experiences in the activation of the local economy.
He concluded Jubouri Speaking of the need to link local banks system of international banks in terms of credit rating, and the trend to electronic government, pointing to the need to create sector Private banking on a high degree of effectiveness.
Millionday: NOTE -- JUBOURI IS CALLING TO LINK THE INTERNATIONAL BANKING WITH PRIVATE AND ALSO ELECTRONIC GOV -- THIS WILL HELP IN INVESTMENT AND OF COURSE CREDIT ----
THEY HAVE CHANGED THE % OF OIL IN THE GDP AS THEY HAVE BEEN WORKING ON AND THIS WILL BENEFIT WITH THE WTO AND ALSO WITH THE ACTIVATION OF THE ECONOMY
Millionday: HUGE REPORT
JerryGarciaGirl: This is more of a comment... I was looking around the ISX site and I found part of the CPA that Bremmer signed... it said that Iraq's move for decentralization would begin with activation of the private sector...
I apologize, but I cannot remember exactly what I clicked on ISX to get there... it supports everything you are bringing in the news reports
Millionday: I WOULD SAY THAT WOULD BE EXACTLY WHAT WE WOULD SEE –
THE ACTIVATION OF THE PRIVATE SECTOR WILL ALSO ACTIVATE THE STAKEHOLDERS POSITION ON THE ISX AS THAT SHOULD BE THE GOAL –
HOW THIS AND WHEN THIS ALL PLAYS OUT SEEMS TO BE IN THE NEAR FUTURE BY WHAT WE ARE READING BUT IT SURE IS GETTING INTERESTING
quicktolegit96: when they activate private sector, do you think the rate will go with it?
Millionday: WHEN THEY ACTIVATE THE MARKET ECONOMY THE REALITY RATE OF THE DINAR WILL GO WITH IT FOR FAIR TRADE WITHIN THE GLOBE
Millionday: IT DEPENDS ON WHAT THEY HAVE INCLUDED IN THAT MOVE DUE TO WHAT THEY ARE CALLING WHAT WITH TRANSLATIONS
Millionday: BRB WITH MORE
Millionday: announced by Deputy Prime Minister Bahaa al-Araji, the Council of Ministers, "Akef on the completion of the preparation of the general budget in the coming days and before the end of the financial year in the form that suits the global oil prices and prioritization necessary for sectors such as security and defense, health and the ration card and care social.
Millionday: They said in a statement, that "the government is determined to take the necessary measures to not be affected by this crisis citizen, especially since Iraq's oil country and has a large reserve of oil."
Araji said that "out of this crisis is through the search for alternatives and the development of non-oil resources of the state, as well as aspects of knowledge and spending priorities."
Millionday: SO THEY ARE SAYING THAT THE OTHER INDUSTRIES AND GDP % CALCULATIONS IN THE MARKET ARE A HUGE ASPECT OF WHAT TO SEE IN THE UPCOMING BUDGET –
THAT WAS REQUIRED BY THE WTO AND IS A HUGE GAIN COMPARED TO WHAT WE SAW INITIALLY
Millionday: BRB WITH MORE
Millionday: TALK ABOUT INVESTMENT >>>>>>
Millionday: trends within the efforts to keep pace with urban developments, was the completion of two commercial rates in central Baghdad stages Mottagdma.ris Baghdad Investment Authority Engineer Shaker Zamili said "morning":
"There is a great need for the construction of new hotels in the capital and Malls commercial accommodate the advancement of civilization and the movement of trade and tourism. "and that the body of this sector has attached great importance by building a five-star modern hotels and malls,
commercial Kberh.wachar Zamili that the completion rate in the investment project Mall in Rusafa reached 97 percent , and it is hoped to open during the first three months of 2015,
explaining that the mall was carried out by a specialized foreign investment companies consists of three layers, in addition to the ground floor and the park, which can accommodate up to 150 Searh.ocd that the project used the latest international designs
Millionday: NOTE -- THIS IS INTERNATIONALLY CONTRACTED
Millionday: in addition to the electricity system modern and five adapters have been linked to the national electricity line and system of modern gas for restaurants that have been designed modern high-tech with the completion of all phases of occupational safety.
President of the Commission pointed out that many international companies presented their desire for the hiring of the first layer and the second in the mall, in addition to companies Emirati and Jordanian and Turkish,
while the third layer Vtdm chain restaurants variety and the system of special games for kids, stressing that the project provided jobs for 300 of manpower during the implementation period and will provide more opportunities after Tnivh.ovi the same vein,
Millionday: NOTE -- JOBS AND TRADE WILL COME FROM THE MALL OBVIOUSLY -- HUGE FOR TOURISM TOO OF COURSE
Millionday: Baghdad Investment Authority is seeking to encourage the private sector to implement projects and all areas to develop and strengthen the economic movement in Baghdad, according to the service, commercial and recreational projects Jdidh.wachar Zamili to the piano investment is one of the projects that granted an investment license to set up a restaurant project
The cafeteria, with an estimated total area of the project to (901) m 2 .weidm project landscaped gardens with industrial Falls,
in addition to the construction of booths and cafeteria with indoor lounge and screens external display of the project depends on the modern techniques and modern design dimension and its implications through the piano and the guitar is designed to be a multi-activity building cultural, social, and the project will provide jobs during the period of implementation and operation.
Millionday: SO AS WE SEE -- THERE IS AN ECONOMIC MOVEMENT IN IRAQ -- WE LIKE THAT
Millionday: WHOOPOW BRB WITH MORE
Millionday: READ EVERY WORD OF THIS SMILE
Millionday: A member of the parliamentary economy and deputy for the coalition of state law, ten members of the coalition will hold a meeting this week to discuss finding suitable to support the Iraqi economy solutions.
Added Ahmed Salim told all of Iraq [where] we "Aqnsadah parliamentary Kganh we have taken the necessary resolve the economic and financial crisis faced by the country, including fiscal austerity measures, and
Millionday: we will adopt in the next stage on investment and privatization, and on the export of oil, which comes from the province and the fields of Kirkuk, as well as reducing export volumes current than it was before precedence due to falling oil prices. "
He Canine Ahmed Salim said Alaaútla meeting will consider all opinions and ideas that arise in which to find solutions to the occasion to support Alaguetsad.
Millionday: SO AS WE SEE THIS IS TO MINIMIZE THE RISK OF INFLATION OR ANY TYPE OF FAILURE FOR THE ECONOMIC MOVEMENT OF IRAQ –
THEY ARE MOVING TO A MARKET ECONOMY AND WOULD LIKE TO MAKE IT A TRADE HUB IN THE REGION AND FOR THE GLOBE SO THEY ARE MEETING THIS WEEK ON STRATEGIC PLANS TO ENSURE THE PROCESS ANNOUNCED
Millionday: WE WILL REPORT RESULTS WHEN THEY HAVE IT
Millionday: I LIKE ACTION BETTER SMILE BRB WITH MORE
Millionday: Faleh Sari Djiashi, Sunday, the significance of the news that talk about the possibility of Vice President Nuri al-Maliki accountable for security incidents occurred during his previous government, pointing at the same time that the latter does not enjoy legal immunity.
He Djiashi Network Roudao media, everything that is traded on the Maliki trial and his involvement in issues related to financial and administrative corruption,
"no more than a media sensation lacking evidence and clues that condemn it," asserting that "any political or governmental authority, or even a civilian organization, not file a complaint with a court case against former Prime Minister Nuri al-Maliki.
Millionday: But Djiashi explained that "Maliki does not enjoy any legal immunity, which is not above the law and justice of Iraq, and will be brought to trial like any Iraqi citizen, in the event of proven involvement in the commission of an offense or violation of the law."
He stressed MP for citizen bloc represented the Iraqi Islamic Supreme Council, it "has not been traded idea interrogate al-Maliki, during mass meetings, or the Council."
In turn, the MP for the mass citizen said covenants preference for network Roudao "The interrogation of al-Maliki, a legal issue, and the Iraqi judiciary is the only authorized for a decision. "
Millionday: NOTE -- MALIKI DOES NOT HAVE IMMUNITY
Millionday: The media have talked earlier, on receipt of the Iraqi Prime Minister Haider al-Abadi documents indicting the most prominent figures to participate in the government of his predecessor, Nuri al-Maliki on charges of large financial corruption,
as well as close to al-Maliki, political figures, and a number of his relatives. It is noteworthy that Several regional countries began to move recently to gather information and documents condemns Maliki and prove his involvement issues of corruption and massacres in Iraq, most recently received the International Police (Interpol) evidence and documents in this regard.
Millionday: SO ACCORDING TO THIS REPORT HE IS BEING INVESTIGATED BY INTERPOL -- AND MANY LEGAL DOCUMENTS ARE BEING ISSUED FOR HIM AND HIS FAMILY/RELATIVES
Commentsf may be made at the end of Part 2 Thank You