Millionday News Time 12/28/14 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: HERE GOES WITH MORE OF THIS
Millionday: I AM PICKING THROUGH THIS HUGE REPORT
Millionday: The project is still in place and such steps need to organize the process and stability in order not to create any violations and to ensure the success of the process and what we think now replace the paper method and this is the risk of the breaches
and the need occur to the complex administration and we are in the current situation we fear the occurrence of violations Therefore, our plan is the introduction of the new currency without withdrawing the old currency and when Maroina stabilize the situation,
Millionday: NOTE -- TWO CURRENCIES TOGETHER
Millionday: we will implement the project, after the order of the issue with all stakeholders, in order to avoid the problems that may occur in the records and figures and others, and we'll educational measures on the subject before you start it,
which is an ongoing project and will be implemented, but are regulatory framework, and we'll zoom in currency as we finished the issuance of the 50 thousand coin and currency this will not increase inflation.
Millionday: NOTE -- I BELIEVE HE HAS BEEN ORDERED TO NOT DO THIS BUT WE SHALL SEE --- THIS WAS NOT BUT YESTERDAY WE HEARD ALL ABOUT HOW AGAINST THE GOVERNMENT IS TO THIS –
BUT REMEMBER THESE ARE JUST WORDS AND THEY ARE WORKING ON THE PLASTIC TOO SO THEY MAY MEAN THE SMALL DENOMS AND KEEP THE LARGE AND CHANGE THE PURCHASING POWER BUT WE WILL SEE --
Millionday: • how to manage the process damaged the currency switch?
That a lot of people standing queues to switch damaged currency with new ones, and we have our work in the switch and canceled wages that were imposed on citizens who have changed their damaged new.
Millionday: HOW STRANGE BUT NOT BECAUSE ACTUALLY THEY SHOULD BE SENDING MESSAGES THAT DONT MAKE SENSE OUT TO THE NEWS AS THEY HAVE STATED THEY HAVE A HUGE ROLL IN THIS
BUT -- I AM NOT WORRIED DUE TO PAST SITUATIONS JUST LIKE THIS
Millionday: SMILE THE BEST PART IS THEY ARE READY FOR THE BUDGET HMMM
awesomedtl: so what is your take on this whole advancement,,, also again , the cbi is saying they are ready, but again they have said that a while ago also, so are they now waiting for the elusive budget to be passed than have a simultaneous event,,, aka rv??
Millionday: THEY SAY THEY ARE READY TO HANDLE THE BUDGET AND THE DEFICIT AND OWN THE FUNDS FOR IT -- SO THAT IS ALL THAT THEY HAVE ANNOUNCED
Millionday: THE PRIVATE BANKS HAVE BEEN ADVANCED IN IRAQ
coco1: Who gave this speech?
Millionday: Abdul Amir al-Faisal
coco1: That's the current CBI Gov., right?
Millionday: THE THING IS THAT LISTED IN TURKI AS THEIR OFFICIAL GOVERNOR
Millionday: TRUST THAT IS WHAT IS LISTED -- HOLD ON LET ME TRY ONE MORE PLACE FOR UPDATE -- IT LOOKS LIKE IT WAS NEVER MADE FORMAL
Millionday: H.E. ALI MUHSIN ISMAIL
Millionday: ACTING GOVERNOR
Millionday: SO WHO IS THE OTHER GUY WOULD (be) THE ??? LOL
Millionday: HE IS NOT LISTED MUST BE AN ECONOMIST
Millionday: MAKES NO SENSE
Millionday: OK LET ME SAY THIS
Millionday: NOTE --- THEY WOULD NOT BE ASKING THEM TO NOT DO THIS PROCESS IF THEY WERE NOT DOING THIS PROCESS
Millionday: An invitation to reconsider issuing a new edition of the Currency
Called for an economist to reconsider a project to issue a new edition of currencies traded in the market.
The Abdul Rahman al-Mashhadani, in an interview with Radio Free Iraq believed that the Central Bank of Iraq will incur huge losses due to implementation reprint traded currencies security specifications of the project is believed to be of high quality, and then the project to delete the zeros in 2016.
Millionday: NOTE -- IF IT WAS NOT PLANNED WHY WOULD THEY BE ASKING THEM TO NOT DO IT MEANING (CBI) -- SMILE
Millionday: The central bank began printing Banknotes new months ago, contain additional security signs make it difficult to counterfeit or manipulate them, and provide them with more efficient and safer technology specifications make it the longest-lived and the currency is difficult or impossible to forge.
Economic Adviser to the Prime Minister says the appearance of Mohammed Saleh, said that the importance of these projects makes it imperative for the government applied on the grounds that the currency is a strategic commodity and mission despite the large costs that will fall on Iraq.
Millionday: NOTE -- AND CBI HAS STATED THAT THEY HAVE UNDER CONTROL COUNTERFEITING AND MONEY LAUNDERING ETC –
OBVIOUSLY THIS IS A GOV OFFICIAL THAT KNOWS HIS JOB AND NOT ECONOMICS AS WE HAVE IN ALL COUNTRIES
Millionday: NOTE -- AND AGAIN THIS MAKES NO SENSE AGAIN
Millionday: And confirms a member of the Committee on Economy and Investment in the House of Representatives Najiba Najib on the need to postpone the project to delete the zeros Due to the intensity of the stability of the security and political situations in the country
Millionday: THEY HAVE MADE IT CLEAR THAT THEY HAVE MADE HUGE STRIDES AND SO HAVE MANY COUNTRIES ON WHERE THEY ARE AT THIS TIME STABILITY AND POLITICALLY
Millionday: BETTER THAN EVER
Imperator: why does it seem like we are getting all these contradicting reports?
Millionday: I EXPECTED THEM AND IN THE POSITION THAT THEY ARE IN WITH THE MARKET AND MOVING TO A MARKET ECONOMY -- IT IS SMART AND HAS BEEN DONE BEFORE THROUGH THE MEDIA --
Millionday: THEY HAVE ALSO MADE IT CLEAR THAT THEY WILL HAVE THE HIGHER FOR A WHILE AND SAID IT WAS FOR STRATEGIC REASONS
Millionday: WHATEVER THAT MEANS
lori1: Did the emergency meeting happen that Poppy talked about?
Millionday: I AM LOOKING LORI
Millionday: WHAT IS THE SUBJECT OF THE MEETING EVERYONE WANTS TO KNOW ABOUT
pinsetter: poppy said he expected emergency session today to read and vote on the budget
Millionday: I CAN SAY THIS --- I KNOW THERE IS ONLY ONE MEETING WITH THE BUDGET TO BE VOTED THROUGH SO LET ME LOOK
VIPsubgirl: I found the meeting I think you were talking about for today? The convening of the bilateral meeting after a visit by Prime Minister Haider al-Abadi at the head of a ministerial delegation to Kuwait last Sunday one-day and two delegations held two meetings extensive research, energy, investment, industry, transport, external relations and the situation regional security issues, and security threats to the guerrilla terrorist Daash files again.
Millionday: NOTE -- kuwait AND IRAQ GOV ARE HOLDING A HUGE MEETING TOMORROW ABOUT THE MOVE FORWARD FOR THE COUNTRY IN ALL FIELDS
VIPsubgirl: this was yesterdays News time
Millionday: I SEE NOTHING BUT THAT REPORT -- THE BUDGET WAS NOT VOTED THROUGH TODAY
Millionday: LET ME SAY THIS VERY CAREFULLY
Millionday: THEY DO NOT HAVE IN INK IN THE PAPER THAT THE BUDGET HAS BEEN VOTED THROUGH TODAY BUT ----
THEY ALSO HAVE PRINTED THE BUDGET AND ALSO SENT IT TO THE IMF WHO HAS MADE COMMENTS ON THE BUDGET OF 2015 FOR IRAQ ---
AND ONCE AGAIN LET ME SAY THAT MAKES NO SENSE -- WE ARE HAVING SOME WORK DONE BY THE MEDIA SO LETS ALL TAKE A BREATH ----
I CAN NOT SAY IT WAS VOTED THROUGH DUE TO THE LACK OF INK BUT IT IS PRINTED AND FOR YEARS THAT DOES NOT HAPPEN AND THE IMF DOES NOT COMMENT ON IT UNTIL IT IS DONE IN MY RESEARCH
Millionday: SMILE MAKE SENSE ?
Millionday: IN THE PAPER WHEN THEY SHOWED LAST NIGHT -- TODAYS NEWS -- THEY HAD THEIR HANDS UP FOR THIS MORNING IN THE BUDGET MEETING
Millionday: SO WITH IT PRINTED WE ARE HAPPY --- NO INK DOESNT WORRY US RIGHT NOW
Millionday: renewed Arab League, yesterday, in full solidarity with the people and Government of Iraq in the war against al-Daash terrorist, indicating that it is following the victories by the Iraqis achieved to eliminate this dangerous terrorist organization that threatens the entire Arab community.
The Secretary-General of the League of Arab States Dr. Nabil al-Arabi, in a press conference held by the university on the occasion of the harvest 2014 and attended the "morning" that the university "following with great and great developments of the situation in Iraq,
especially in light of extended organization Daash terrorist in a number of northern Iraq areas concerned,"
noting that the university "announced In previous Arab side in solidarity with the Iraqi people and support the efforts of his government at this critical juncture and dangerous that threaten Iraq's security and political stability data. "
Millionday: NOTE -- THE ARAB LEAGUE ARE REJOINING THE SUPPORT AGAINST TERRORISM AT THIS critical juncture and dangerous that threaten Iraq's security and political stability data.
Millionday: NOTE -- THAT IS THE EXACT WORDS OF WHY THE UNKNOWN ECONOMIST WAS CALLING FOR HOLDING OFF ON THEIR MOVE ECONOMICALLY -- MARKET ETC
Millionday: He said the Secretary General of the Arab League that "Arab countries have seen in the last few years various challenges faced challenges never before seen in world by"
noting that these threats represented by "organizing Daash terrorist who the latest state of the change in the performance of terrorist organizations recognized by the hundreds of years ago."
He explained that "the world accustomed to the presence of terrorist organizations for hundreds of years, but that the organization come and occupy the land and declares state, this style unfamiliar contrary to what we're used to it. "
Millionday: NOTE -- THIS IS SO TRUE IT HAS BEEN YEARS THAT SUCH HATE HAS BEEN SHOWN WITH CHILDREN AND WOMEN -- THIS IS NOT WAR IT IS SLAUGHTER
Millionday: He said the Arab that "It now requires a serious stand by the Arab states and the countries of the world," revealing that "the Arab foreign ministers decided to start a comprehensive confrontation is not a military only, where countries have decided to reconsider many things, in the forefront of religious discourse. "
Millionday: WHOOPOW --- NOW THAT IS THE RIGHT THING ---
Millionday: Fielded IMF mission held discussions with Mr. Hoshyar Zebari, Minister of Finance of Iraq and Mr. Zuhair Ali Akbar, deputy governor of the Central Bank of Iraq and a number of officials in the finance and planning ministries and the central bank
to assess the latest economic developments in the country and discussions focused on the impact of the double trauma of organizing Daash and attacks decline in oil prices at the end of the visit, Mr. Sdralvić issued the following statement:
IMF experts have pointed out, according to it is expected that GDP in Iraq to decline by around 0.5% this year, which is attributed in Muammh to the economic impacts of the attacks organization Daash:
We estimate non-oil growth decline since the beginning of the conflict because of the destruction of infrastructure, and the obstacles to obtaining fuel and electricity, and low confidence of the business community, and the disruption of trade, on the contrary,
Millionday: NOTE -- THE IMF STATEMENT MADE -- THEY EXPECTED PROBLEMS BUT ON THE CONTRARY
Millionday: In the next fair is expected to rebound to growth of approximately 2% with the increase in oil production and then oil exports, with the support of the central government spending,
which reached recently with the Kurdistan Regional Government on Sardat oil from Kurdistan and Kirkuk oilfields.
The inflation calculated on an annual basis amounted to 0.9% at the end of October last year in the provinces of Iraq outside the conflict zones.
As for the exchange rate of the Central Bank kept linking the Iraqi dinar US dollar system, and narrowed the gap between the official exchange rate in the market and the budget until it reached 2.6% last September, thanks to the line taken by the central bank towards the liberalization of the foreign exchange market.
Millionday: NOTE -- MEANING HOLDING THE EXCHANGE RATE AS THEY HAVE GAINED GREAT REPECT FOR THROUGH THEIR AUCTION PROGRAM
Millionday: NOTE -- READ EVERY WORD -- EVEN THE SOON PART
Millionday: The government has expressed its commitment to submit the draft budget for 2015, the Iraqi parliament soon. The non-ratification by the Iraqi parliament on the budget in 2014 may cause the activation of a financial base reduced aside from spending in the current year,
but spending from outside the budget, especially on security, caused an increase in the deficit, which is likely to be up to about 5% of GDP, Expert Group envoy from the Fund has been discussed with the Ministry of Finance and the challenges associated with the formulation of the public budget for the 2015 project,
which Isthedm address the ongoing extraordinary spending big decline in oil prices under pressure, and because the expected funding will be limited in 2015, we expect that Infkhadd budget deficit to less than 2% of GDP.
Millionday: NOTE -- SO THEY ARE SAYING THEY ARE EXPECTING IT SOON (BUDGET) AND THEY WILL BE EXPECTED TO HAVE THE DEFICIT THIS YEAR DUE TO THE TERROR
Millionday: NOTE -- EVERY TIME WE FIND SOMETHING THAT MAKES US GO OH NO -- I BRING YOU SOMETHING THAT MEANS OH HECK YAY-----
Millionday: The Fund will continue to support Iraq through Aelchorat on policies, and technical assistance and training will be in the coming months Gaddour discussions with the authorities in the context of Article IV of the 2015 consultations.
And Chtmama like the International Monetary Fund mission to thank the Iraqi Sultan for their cooperation and open discussion and fruitful.
Millionday: ARTICLE IV FOR 2015 CONSULTATIONS IN THE COMING MONTHS -- MONITORING OF AGREEMENTS MADE
Millionday: THAT WAS IMF ANNOUNCEMENT
quicktolegit96: do they have to have consultation before going article 8?
Millionday: I WOULD SAY YES THEY WILL MEET
tank: what is art 4 consultation ?And sounds like coming months for this?
Millionday: IT MUST BE 6 : IT IS BACKWARDS PRINTED
poppy3: ????? IN THE LAST TWO WEEKS ABADI AND JAFARI HAVE COMMENTED THA DASSH AND ISIS STRONG HOLDS HAVE BEEN REDUCED
AND THEY EXPECT TO OVERTAKE THE LAST OF THEM WITHIN DAYS SO WHY ALL THE TALK OF TERROR HOLDING THEM BACK ON FINANCIAL REFORM.
THEY ARE AGAIN CONTRIDICTING THEMSELVES.
ALSO REPORT FROM THE GROUND IN BAGDAD SAYS NOT A SHOT FIRED WITHIN 50 MILES OF BAGDAD EVER. ISIS HAS A VERY SMALL PRESENTS IN IRAQ.??? POPPY3
Millionday: YOU HAVE MISSED SOME OF THE NEWS --
Millionday: YESTERDAY THE ARAB LEAGUE HAS AGREED TO COME BACK TO BATTLE AND SO HAS TURKEY -- KUWAIT -- THE US --- AND MANY MORE TO END THE REST OF THE ISSUES
ROBINREDHED: I THINK THEY WERE SAYING THERE WOULD BE A DEFICIT BECAUSE THEY HADNT BUDGETED FOR THE SECURITY TO HANDLE ISIS
Millionday: I AGREE ROBIN
Millionday: THEY DID NOT EXPECT THE COST SO NOW THE DEFICIT SHOWS ITS FACE
poppy3: I AM FINE BUT I DON'T BELIEVE THEM USING ISIS FOR A EXCUSE . IT JUST DOESN'T ADD UP.
Millionday: I AGREE POPPY -- THEY ARE JUST SAYING THAT THE DEFICIT OF THE BUDGET CAME FROM THEIR TERROR NOT THAT THEY WILL HAVE ISSUES NOW
Millionday: THEY HAVE DONE VERY WELL IN THEIR REMOVAL -- HUGE SUCCESS