Millionday News 11/23/14 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: HERE WE GO WITH MORE ECONOMIC AND ALSO MORE FROM SALEH -- THIS IS VERY INTERESTING TO SAY THE LEAST
Millionday: at a time when the government is seeking to cover the costs and expenses during the current year from oil revenues, without the approval of the budget in 2014 and rising unemployment rates, and despite sounding the alarm of the "economic downturn", recorded annual inflation indicators figures are considered within normal limits.
However declining oil revenues after the recent decline in world prices, but the Iraqi economy did not hurt the status of "inflation," which was estimated at 2 percent through September, according to the Ministry of Planning indicators, considered by observers as normal.
Millionday: With The crisis experienced by the country's recent by the delay in approving the budget year 2014, and the repercussions of the terrorist attacks by "Daash" gangs, and displacement that left large numbers of unemployed, which increased unemployment rates, formed additional financial burden to strain the state budget.
He spoke in this regard economist Dr. appearance of Mohammed Saleh "morning "He said:" In general, does not happen inflation if monetary policy remains intact and maintain the stability of the dinar and the dollar through existing reserves (that creates the dinar and the dollar is the government's resources of oil), so in the event of falling happen scarcity in the dinar and the dollar with the continuation of imports to provide Goods. "
Millionday: NOTE -- SAYING THAT THE DOLLAR IS DUE TO OIL TRADE AND THE THINGS THAT HAVE BEEN SENT IN FOR LIVING IF THEY CAUSE A LIMIT IN THE DINAR OR DOLLAR (SUPPLY AND DEMAND)
Millionday: READ THIS >> WHOOOPOW
Millionday: Saleh promised time that the country is experiencing a "transitional" because of the economic downturn coupled with the lack of job opportunities and increasing unemployment and declining resources (if few, the liquidity will be low because it is translated into dinars returns), despite the offer of commodity sufficient.
He to supply the commodity and consumer available at the moment because the central bank needs in terms of switching the dinar to dollars for the import process, so the economy did not suffer inflation, especially given that the annual indicators recorded figures within "normal limits".
Millionday: NOTE -- IT IS SWITCHED WITH OIL SALES
Millionday: . Saleh and saw what is happening is "stasis gap" is not inflationary, unlike the years before 2003, which allowed the emergence of inflationary monetary gap causes a lack of liquidity,
which led to a cash deficit and inflation structural causes within the economy as the currency bloc do not cover financial transactions, to Besides the weak purchasing power.
The gap in the study of monetary inflation conditions before 2003 showed a cash deficit, which means that the demand for money (actual and desired) is broader than the growth rates in view the actual cash according to the institutional conditions (fiscal and monetary).
Millionday: SO HE IS SAYING THE PROBLEM IS THAT THE NEW ECONOMIC POLICY HAS NOT BEEN ACTIVATED YET AND HAS PROMISED TO THE CITIZENS THEY ARE TRANSITIONING
Millionday: UNLIKE BEFORE 2003 WHERE THE PROBLEM WAS INFLATION –
IT IS NOT THE PROBLEM NOW -- THE PROBLEM NOW IS THEY NEED TO ACTIVATE ALL ECONOMIC LAWS AND MOVE TO A MARKET ECONOMY (TRANSITION)
Johnsoos: it look like they will be the super power of the middle and this year may be our year with rv .they are doing everything right
johnsoos: so other middle east area can use them as model correct ??
Millionday: THEY HAVE STATED THAT THEY WILL BE A MODEL IN THE REGION
poppy3: HEY HAVE NOW ALL CTALLED FOR THE MOVE TO MARKET ECONOMY .
THEY HAVE NOW TO MOVE QUICKLY AS THEY NOW HAVE ALL LEADERS IN AGREEMENT TO MAKE THE MOVE . THEY HAVE ALL STATED THAT IS THE NEXT MOVE... POPPY3
poppy3: DON'Y YOU AGREE THEY HAVE ALL STATED LETS GET R DONE
Millionday: I AGREE -- WITH SO MANY SIGNED AGREEMENTS -- PER THE TEMP HCL -- THEY NEED TO LEAP -- GOOD POINT
Millionday: SURE DOES LOOK GOOD WITH THE TRANSITION AND ALSO THAT THEY ARE TELLING THEIR PEOPLE THEY ARE GOING BACK TO WORK –
HUGE TO TELL PEOPLE THAT HAVE BEEN WAR TORN FOR SO MANY YEARS THAT AND NOT DELIVER –
THE PRAYER ON FRIDAY WAS ALL ABOUT IT AS WELL -- VERY ENCOURGAING FOR THE IRAQIS RIGHT NOW
quicktolegit96: Question is, is the Temp HCL enough for CBI to RV, or is CBI looking for final HCL?
Millionday: THE TEMP HCL IS ABOUT THE ECONOMIC SIDE OF THE OIL PRODUCTION AND THE REST IS CONSTITUTIONAL WHICH WILL BE EASY TO RESOLVE AT THIS POINT
Millionday: BUT THE SIGNED HCL NOW IS STANDING AGREEMENT AND LEGAL REPORTABLY
Millionday: BRB WITH MORE
Millionday: BEEP BEEP HERE COMES THE TRUCK
Millionday: at a time when Iraq faces the challenges of lower oil prices and its impact on the budget, the need to offset part of the deficit by the government's introduction of a strategic partner supporting the productive sectors of the operation of laboratories and government institutions,
including decreases show amounts of imports of services and goods that can manufacture Mhalia.ovi this context called economic expert on behalf of Jamil to promote openness on the private sector to apply the government program of what would bring about an increase in the gross domestic product through the launch of government bonds to support the private industrial sector and contribute to reducing unemployment and reducing Fiqr.oadav told (morning):
Millionday: NOTE -- THE SUPPORT IS TO COME FROM THE LAUNCH OF GOV BONDS -- WHOOOPOW
Millionday: NOTE -- THIS IS HOW THEY EXPECT TO AVOID A PROBLEM WITH THE LOWER OIL PRICES
Millionday: One of the ways that comes to finance the budget deficit and support the country's economy is firing government bonds benefits up 10 percent to support a particular sector such as housing, industry and others,
indicating that this process sings a lot about borrowing from the views of the international institutions and compensated by borrowing of Aldakhal.wachar that partnership with the private sector paid off in cement projects and industries, petrochemical industry projects,
noting that there are several ways to reform the industrial reality in order to increase its contribution to the size of the gross domestic product from 1.5 percent to 16 percent, thus alleviating dependence on oil revenues.
Millionday: NOTE -- INTERNATIONAL CONSTITUTIONS
Millionday: He stressed the importance of investment Alaktnazac held by the private sector and turn them into development projects to achieve the government's program, which stressed the economic side urged to open up to the private sector because it is a strategic partner of the state,
especially in these circumstances through which Albuld.obin that Law No. 22 of 1997 granting the Ministry of goals Industry legal legitimacy to the introduction of a private sector partner,
pointing to the importance be given support through legislation dolly laws allow him to access easily in the process of development and the development of the economy
Millionday: NOTE --EASE IN THE DEVELOPMENT OF THE ECONOMY DUE TO THE INVESTMENT OF BONDS INTERNATIONALLY -- SMILE
Millionday: Alaraca.mn his industrial affairs specialist said Abdul-Hussein al-Shammari said the private sector is able to reduce the import, the adoption of productivity projects near the sites where Alaolah.wachar materials are available in a statement to the (morning) that there are self-potential private industrial sector to qualify for development after supporting the legislation of laws and reduce red tape to make the country an attractive environment
and industrial productivity of investments in order to achieve the economic feasibility of the establishment of Almcharaa.oadav that country imports, for example, large amounts of ration items while
Millionday: NOTE -- WHEN THEY SAY THE LESSON OF RED TAPE THEY ARE TALKING ABOUT -- FOR INVESTORS
Millionday: he can be provided locally and achieve self-sufficiency of them, pointing to the possibility of quotation global experience in the financing of projects depends on the economy, in the financing of development projects in Iraq aimed at reducing government spending on the import of what can be produced locally from Alkhas.utaba sector that the current stage requires the unification of all efforts to reduce the country's dependence on oil revenues
and diversify its financial resources to activate the industrial and agricultural sectors by offering shares of bonds to the public and invested for the benefit and financial returns for both the government and the citizen
Millionday: NOTE --THE CURRENT STAGE REQUIRES ALL STEPS
Millionday: on the extent Soa.bdorha urged economic expert to develop new plans and programs for the advancement of the private industrial sector, through government support and direction of banking dolly.
expert economic Dr Ikram Abdul Aziz has shown that there are programs could serve the private industrial sector which is the provision of soft loans and government support for this sector by obtaining the technology.
Millionday: NOTE -- READ EVERY WORD OF THIS NEXT STATEMENT
Millionday: She Abdul Aziz »Sabah»: The «one of the goals stipulated in the Investment Law No. (13) for the year 2006 is trading serving directed the private sector to establish industrial projects through partnership and contract with that foreign relationship (PPP) of any joint venture relationship» .
orot that This sector needs to be ambitious and strategic orientations banking supportive in terms of the volume of lending and lower interest rate and credit, as it suffers from aging infrastructure, a problem in the direction of industrial development that could affect the Iraqi economy and market-oriented economy.
Millionday: SO SHE IS SAYING THAT THEY NEED TO HAVE A NO HOLDS BAR AND COME OUT LIKE GANG BUSTERS IN OTHER WORDS –
IN ORDER TO MAKE A HUGE INVESTMENT IMPACT UNLIKE THE INVESTMENT LAW OF 2006 –
THIS WOULD BE DONE THROUGH BANKIING AND ALSO INVESTORS AND GLOBAL IMPACT
Millionday: I LIKE IT ALL
Lulupulu: With all these new laws in place now, do you think they will wait till Jan 1st, just easier in their books ?
Millionday: A PLAN THIS HUGE HAS NO GREAT DATE THAT WILL IMPACT THE CALCULATION OF THEIR ENTRY UNLESS THEY CONTINUE TO SIT ON THEIR HANDS –
THEN THAT WILL BEGIN TO EFFECT THEIR COUNTRY AND NOT IN A GOOD WAY –
ECONOMICALLY THEY HAVE TO GET THEMSELVES BACK IN THE GAME IMO –
WITHOUT IT THEY REMAIN SECLUDED AND WITHOUT GROWTH POTENTIAL
pizzaman: Speaking of banks, in your opinion (according to the ink) are they (banks) ready to go now?
Millionday: CBI ANNOUNCED THAT THEY WERE
Millionday: BRB WITH MORE
Millionday: President Fuad Masum to put necessary for the success of the project genuine national reconciliation between all parties Alaaaat, had alerted to the role of senior clerics in spreading the thought of tolerance, thus defeating the ideas of radical terrorists.
Millionday: NOTE -- THE PRESIDENT IS ASKING THAT THE RELIGOUS AUTHORITIES HELP IN THE SUCCESS OF RECONCILIATION
Millionday: as President infallible received a delegation expanded from tribal Dulaimi headed by Sheikh Raad Allawi Hussein al-Dulaimi, head of the clan Mahamdh, and talked about the importance of unifying efforts to defeat terrorism and the security and stability in the country,
adding necessary for the success of the national reconciliation in the country mechanisms,
pointing out that the real reconciliation not succeed decisions metadata, but must be base the broad masses of the people in all their diversity,
blessed the efforts of the visiting delegation at the reunion and establishing cohesion between clans in order to ensure the success of Almassalhh.mn their part, members of the delegation praised the efforts of President infallible in the convergence of views between all parties in order to complete their national reconciliation.
Millionday: NOTE -- THE NATIONAL RECONCILIATION IS IMPORTANT IN IRAQ`S NEW IRAQ AND ITS ABILITY TO BE IN THE GLOBE AS A TRADING HUB -- ACCEPTANCE
Millionday: the President of the Republic received in the Palace Peace is also a delegation from the German parliament representing the Green Party took place during the meeting to discuss ways to develop relations between the two countries at various levels.
The president praised the role of Germany in helping the Iraqis in their war against terrorism, calling for the continuation of this role and the increasing pace of aid to the displaced and Almhjerin.bdorh transfer delegation of the German Green Party,
his design and its government to support the Iraqi armed forces and the Peshmerga forces in the Kurdistan region in terms of both training and equipment, as well as the focus of attention on the humanitarian aspects needed by the affected private acts of terrorists Daash sons Christian religions and Yezidis.
Millionday: SO AS WE SEE -- THERE HAS BEEN MUCH PREPERATION FOR THE CONFERENCE BUT STILL NO DATE FOR IT THAT I SEE
Millionday: BUT LET ME SAY -- IT WILL BE HISTORICAL AND I COULD GO ON FOR HOURS BUT WONT -- SMILE
Millionday: I CAN SAY GOD WILL BE PLEASED
Millionday: THAT KIND OF SAYS IT ALL
Millionday: HAVE A WONDERFUL NIGHT AND THANK YOU ALL