Millionday News 4/12/15 Part `2
Welcome to dinarupdates.com for News Time with Millionday!!!
Millionday: NOTE -- HURRAY DOES NOT FIT FOR DEATH BUT -- THIS SEEMS LIKE PROGRESS
Millionday: The source, who asked not to be named, said: "bombardment led to the killing of five of the most prominent leaders of the Daash They are proof Alamadmd salary and Saad Ibrahim Abu Yousef Kubaisi and Tunisian Mohammed Abbas."
The Department of Defense announced earlier on Saturday, killing all 22 component of the criminal gangs Daash including the Prince, and the liberalization of the two regions, and the dismantling of a number of improvised explosive devices in the provinces of Salahuddin and Anbar.anthy
Millionday: OK CANT HELP IT -- WHOOOPOW
Millionday: THAT IS PROGRESS FOR THE IRAQIS FOR SURE -- "OH NO YOU DIDNT"
Bentley: since some may not know, please explain briefly what the importance of publishing of the Budget means
Millionday: IT MAKES IT LAW -- THAT IS THE LAST STEP TO MAKE IT LAW
Millionday: intends Rafidain Bank smart card adoption in the distribution of salaries instead of manual cash.
A statement by the bank on Saturday, said that "the Bank of Iraq intends to smart card adoption in the mechanism of the distribution of salaries of employees in departments and all state institutions, rather than the manual method of criticism."
The statement added that "this method reduces the importance of the monetary circulation and keep the money in the form that allows for circulation at any time and any place."
Millionday: NOTE -- THIS IS THE INTENTION TO RELEASE THE SMART CARDS AND ALSO WILL CONTRIBUTE TO THE MINIMIZING OF BILLS IN CIRCULATION
Millionday: He stressed that "there is coordination and cooperation between the World Bank and the smart card company to issue a card for the majority of the state's institutions"
Millionday: SO CORDINATION WITH THE WORLD BANK IS NOT A BAD THING EITHER -- SMILE
1glen: Does it say when
Millionday: NO IT DOES NOT GIVE A DATE
CanTWaitwoRV Millionday: back to the budget being published..so the previous budgets listed were not technically published via iraqi law library?
Millionday: I WOULD SAY NOT WITH THIS BEING DONE TODAY
CanTWaitwoRV Millionday: interesting!
Millionday: I AGREE -- I THOUGHT IT WAS DONE BEFORE TOO MY FRIEND
Millionday: A well-informed source said on Wednesday that the Iraqi Central Bank started adopting a new money transfer and money exchange system; while pointing out that the bank has denied that it stopped selling Dollars.
“The Central Bank has adopted a new system when it comes to money transferring and money exchange”, said the source to Alsumaria.
This same source who wished to remain anonymous added that “the bank denied that Dollar exchange transactions have ceased”.
Millionday: NOTE -- THINK ABOUT THIS --OIL IS SOLD FOR US DOLLARS -- ANYONE WHO THINKS THAT THE END OF DOLLARS BEING SOLD IS GOOD MAKES NO SENSE
-- THEY ARE AN OIL PRODUCING COUNTRY -- IT WOULD MAKE NO SENSE TO STOP EXCHANGING DOLLARS EVER
Millionday: Iraqi Central Bank was established as an independent entity by virtue of the law ratified in March 2004. It is responsible for maintaining stable prices and implementing monetary policies including exchange rates policies
managing foreign reserves, issuing and managing currency in addition to organizing the banking sector to promote an independent and competitive financial system.
Millionday: SO AS WE SEE -- THAT IS THE JOB OF CBI FOR THOSE OF US THAT ARE NEW TODAY
meliahlore: Millionday Is that the new "Adoption" PDF about exchange rules...photographs...bank cards etc. in order to get US $? It's a new doc on the Arabic CBI site.
meliahlore: Millionday I posted the translation in today's News Forum.
Millionday: I WOULD HAVE TO GET IT TRANSLATED HUN
meliahlore: I already did.
Millionday: WELL THAT HELPS LOL
meliahlore: Millionday Hopefully you can read it and give us your expert opinion tomorrow?
Millionday meliahlore: YES I WILL -- IT IS LONG
meliahlore: Millionday Thanks. 3 pages each talking about different groups...importers...customers...then bank to bank. In my opinion and with my novice skills. Be blessed!
Millionday meliahlore: THE ONE THING I CAN TELL YOU IS THAT THEY ARE MOVING TO ONLY SELL AND BUY GOLD BY THE MARKET PRICE
meliahlore: Millionday NICE! That is great news! Thanks for that tid-bit!
Millionday meliahlore: THEY HAVE SET UP MULTIPLE COMMITTEES TO DEVELOP INVESTMENT AND WASSIT IS WHERE THEY WILL BEGIN WITH USING GOLD AT MARKET PRICE -- I WILL READ THE REST
jaedubya: Just came in so I hope this hasn't been addressed yet....what about the auctions starting again
Millionday: IT IS UNDER THE REMITTANCE SYSTEM DIFFERENT THAN BEFORE -- A WAY FOR THE BANKS TO GET RID OF MONEY AND HAVE DINAR -- NOT THE SAME AS A TOOL TO CONTROL INFLATION
Millionday: HERE WE GO WITH SOMETHING SENT TO ME
Millionday: Prime Minister Haider al-Abadi said on Sunday the importance of follow-up economic and financial situation in order to ensure the continuation of its pace in the country.
A statement by the prime minister, said "the Prime Minister Haider al-Abadi chaired a meeting of the Ministerial Committee of the crisis cell in the presence of ministers of oil, finance and planning, Governor of the Central Bank and a number of advisors and specialists."
Millionday: NOTE -- HUGE ECONOMIC PLANNING MEETING
Millionday: He said the Prime Minister to "the importance of follow-up economic and financial situation in order to ensure the continuation and pace, despite the significant decline in oil revenues,
and ask members of the committee what has been achieved during the last three months of technical and financial measures to address the challenges facing the country,
and Abadi said" the need to adopt a set measures to ensure the achievement of the planned increase in the rates of oil production in the revitalization of the various economic sectors. "
Millionday: NOTE -- AS I WAS SAYING IF YOU HAD TO BE WORTH MORE (HIGHER VALUE) YOU WOULD WORK MORE AND SELL MORE ETC
Millionday: READ EVERY WORD >>>>The statement added: "The meeting also discussed ways of activating the movement of cash to secure sufficient cash to fulfill the obligations contained in the state budget for the year 2015".
Millionday: SO THIS IS THE STATE BUDGET THAT HAS BEEN PRINTED TODAY -- WHOOOPOW
Millionday: THANK YOU HUN -- THE GOAL IS OBVIOUS TO ME
mdaugharthy: didn't at one time they reported once was published in law library they had to release funds within a certain number of days
Millionday: THAT WAS AN INTERVIEW THAT WAS DONE AND WAS QUESTIONABLE -- WITH GOOD REASON IT SEEMS
1glen: THE GOAL IS OBVIOUS TO ME PLEASE EXPLAIN
Millionday: GLEN >>>>"the importance of follow-up economic and financial situation in order to ensure the continuation and pace, despite the significant decline in oil revenues
Millionday: OBVIOUS TO ME TO OVERCOME THE LOW OIL PRICES AND MOVE FORWARD WITH THEIR ECONOMIC GOALS -- TO BE THE BEST IN THE REGION BY WHAT I HAVE READ
Millionday: NOTE -- LOOK AT TIMELINE
Millionday: Deputy Prime Minister Bahaa al-Araji, announced that the Council of Ministers adopted an important decision to accelerate the granting of access to investors, including no more than 72 hours only feature.
Millionday: 72 HOURS? NOW THAT WE LIKE !
Millionday: They said during the signing investment contracts in Baghdad today, "The Council of Ministers adopted a package of important decisions with regard to investment,
especially in the field of oil and energy represented accelerate the granting of access to no more than 72 hours only with a brief mechanism for customs procedures mode attribute, and facilitating the entry of materials related investment projects.
Millionday: NOTE -- THE ENTRY OF MATERIALS FOR INVESTMENT PROJECTS -- WITHIN --- 72 HOURS -- NOW THAT WE LOVE
Millionday: He added that "crises often contribute to the creation of state and economics, and we are in Iraq today in front of a financial crisis, not economic," noting that "the so-called on all concerned to think about alternative economic importantly, a investment.
He said, "One of the things which contributed to disrupt the investment process in Iraq complications occurring investment law and the circumstances that befell the region, "adding that" the crisis is often contribute to the creation of states and economies.
Millionday: SO THEY ARE SAYING THE AN ALTERNATIVE HAS TO BE ACKNOWLEDGED AND IT IS INVESTMENT -- THE LAWS TO BE WITHIN 72 HOURS --- NOW THAT IS A WHOOOPOW
Millionday: THE 15TH? HMMM
Millionday: SO THE BAD NEWS IS THAT OUR CAPITAL HAS BEEN ATTACKED AND IS LOCKED DOWN -- THE GOOD IS THE BUDGET IS PRINTED –
ABADI IS MEETING WITH INVESTMENT COMMITTEES TO MOVE FORWARD WITH LAWS NEEDED –
THE GOAL IS TO RUSH THE ECONOMIC GOALS WITH INVESTMENT WHICH ARE TO BE FORMED IN 72 HOURS --- AND I HAVE SOMETHING ELSE TOO BRB
beth Millionday: I am confused with that last article. Could you please explain to me.
Millionday: THE COUNTRY HAS PROBLEMS WITH OIL BEING SET SO LOW IN PRICE SO THEY HAVE DECIDED TO CHANGE IT BY ADDING INVESTMENT --- AND THE MEETING WAS WITH THE ECONOMIC COMMITTEE >>>"The meeting also discussed ways of activating the movement of cash to secure sufficient cash to fulfill the obligations contained in the state budget for the year 2015".
Millionday: THE BUDGET WAS MADE LAW TODAY DUE TO PRINT IN GAZETTE
jimplants Millionday: WAS THAT THE ENTIRE BUDGET
Millionday: THAT WAS NOT ALL FIGURES BECAUSE I COULD NOT BRING IT ALL IN HERE SO I FOUND THE ANNOUNCEMENT TO SHOW YOU INSTEAD
Millionday: Oil Minister Adel Abdul Mahdi, the need to reform the entire Iraqi economy and go to the state instead of the national economy, noting that the national economy will not be as long as Iraq kicks off within the rentier state.
Said Abdul-Mahdi said in a statement received by the agency / information / copy it, that "there are temporary solutions and prosthesis, despite the need to resort to it sometimes,
but they do not constitute a real solution, but often add new complications," stressing "the importance of going out of the rentier state by end the state's monopoly on oil imports almost everything,
and the inclusion of all of the works in the private sector, "NCB" law of security and pension and all other rights enjoyed by public servant.
Millionday: NOTE -- IRAQ DOES NOT WANT TO BE COMPLETELY RELIANT ON OIL AND WILL BECOME AN INDUSTRIAL COUNTRY (INVESTMENT)
Millionday: He stressed the oil minister "the need to reform the entire Iraqi economy and go to the national rather than the state's economy,"
noting that he "must open up to the community and corporate and private investments to solve the unemployment problem and addressed the launching of the economy, will kicks off the economy if we stayed within the limits of the rentier state".
Millionday: NOTE -- WHOOOOPOW
Millionday: NOTE -- THE PRIVATE SECTOR HAS BEEN IN THE NEWS AS BEING ACTIVATED TO ADVANCE THE ECONOMY IF IRAQ
Millionday: He pointed to "the importance of the cooperation of all of the ministries and the private sector and the people to realize that their behavior will lead the adult to walk in the right way, and adult behavior and any party came, would not only lead to a deepening of the problem.
Millionday: WHOOOPOW -- POW
Papatom: with all the articles over the last week about green lights, and oil prices, and the zero project underway and large coins and less dinar numbers and the north passing their HCL and now the budget law and on and on and on....MD is there ANY reason you can think of that we shouldn't be excited?????
Papatom: oh, and the bad guys dying....
Millionday: I CAN SAY WITH THE MANY THINGS ECONOMICALLY GOING ON AND THE MILITARY SUCCESS AS WELL WE HAVE SEEN -- I AM EXCITED ----
I SEE GREAT SUCCESS AND KNOW THIS IS A LONG TIME INVESTMENT BUT IT HAS BEEN YEARS AND IT APPEARS WITH THE BUDGET AND THE INVITE OF INVESTORS THEY ARE HEADED FOR A MARKET ECONOMY
-- THAT REQUIRES A PRICE -- I DONT KNOW WHEN OR HOW MUCH BUT IT LOOKS LIKE PROGRESS TO ME AND EXCITING
Papatom: oh, AND,.... the investment law 13 we saw 3 nights ago????
Millionday: AND AND AND
Millionday: LOTS OF PROGRESS HAS BEEN SEEN
Millionday: THE 50S AND THE 100S WOULD HAVE NO PIURPOSE AT 1166 OR ANY OTHER 4 DIGIT NUMBER
Holly1: So the US dollar being used in Iraq is fake ?
Millionday: I HAVE SEEN MORE THAT ONE REPORT STATING THAT THE US DOLLAR USE AND RATE IS NOT TRUE IN IRAQ --- BUT WE ARE NOT THERE RIGHT NOW SO CANT REALLY SAY NO OR YES BUT MAKES NO SENSE AT ALL WITH CBI REGULATIONS
Millionday: MORE OIL MEANS MORE US DOLLARS
Millionday: MORE OIL SALES MEANS MORE US DOLLARS