Millionday Newstime 8/26/15
WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM
Millionday: ALL THE NEWS I HAVE FOR YOU IS FULL OF INFO SO PUT ON YOUR HAT -- SMILE
Millionday: al-Fawaz seems to knot the formulation of realistic budget will continue to accompany the Iraqi economy, as it will continue to be the political dimension is dominant on the formulation of economic decision, Vozmat previous budgets associated with the illusion (the oil price),
which some imagine that N hot landing! Like the fact the oil now, and without regard to regional and international political authorities governing the oil equation, especially that most of the countries of OPEC Middle East depends on oil revenues, and it is this marginalization will be vulnerable to crises and risks of the economic deficit, which affects their budgets.
Millionday: NOTE -- PREVIOUS BUDGETS WERE EASY TO CALCULATE DUE TO LESS DIVERSITY -- OIL IS WHAT THEY KNOW SO THIS IS OBVIOUSLY A LITTLE DIFFERENT FOR MANY REASONS
Millionday: Iraq depends on its economic system to 93-95 percent for oil, and puts budgets, the amounts in the light of the oil situation and its ability export, which means the absence of estimates of strategic economic and political dimensions of what could happen in the oil market, which is governed by international policies and agendas of countries with interests and trenches known.
Millionday: The most serious economic deficit suffered by the Iraqi economy reveals this planning problem, and ill dealing with the oil's management and with the complexities and circumstances, especially the natural rent for this economy to contribute to a great extent in bringing about social and service problems,
and reflected on identifying the features of investment and operational features in the same budget, and most of these problems the lack of compensatory sources wealth to cover the deficit, with the weakness of the laws and remedies relating to the tax system, and poor border ports management, and the
Millionday: NOTE -- THE LAWS ARE IN PLACE FOR THE TAXATION AND ALSO IT IS VERY CLEAR THAT IRAQ HAS ITS HANDS FULL WITH TAXATION AND OF COURSE THE BENEFITS ETC -- AMAZING
Millionday: absence of any realistic treatment of the private sector and activating the effort in the Iraqi market, as opposed to a dangerous presence of slums governing system import and in the rings can the private sector (agricultural and industrial-pharmacological) processing and securing a lot of the local market needs, as well as the confusion of economic policies that relate to side the investment
and the absence of the ruling central plans and the organization and encouraging him. Consequently, we find ourselves in front of the facts lacks many of the control and regulation and Alqonnh, with multiple sources of the resolution.
Millionday: NOTE -- ALTHOUGH THE SYSTEM IS NEW AND THE CHANGES ARE HUGE --- SO ARE THE RESOURCES TO HELP-TRAIN-AND MAKE CHANGES ETC
Millionday: >>>>>The poor banking system monitor and control responsibilities control Alognih Currency facing serious corruption movement, and the laundering secret funds, or even in the output of this currency against the weakening of entry to the country.
to talk about the rationalization of expenditure, adjust the dollar, and even resort to the granting of the bond is not enough to face the reality originally to institutionalize the missing, real and controlled, and out of the tunnel political routers.
Millionday: NOTE -- EVEN WITH THE NEW RATE -- LOWERED SPENDING- AND THE ISSUANCE OF BONDS IT MAY NOT COVER THE MISSING FUNDS AND CORRUPTION IMPACT --
Millionday: NOTE -- NO WHERE TO GO BUT UP -- SMILE
Millionday: NOTE-- ORIENTATION FOR THOSE THAT DONT KNOW IS A MEETING THAT GIVES ALL THE NEWS OUTFOR THE NEW SYSTEM/PROCESS--ETC
Millionday: So However orientation now is comprehensive reform in the political structure and the face of corruption and inflation Orwellian in the state institution should be drawn to the episode the most dangerous in the reformist side and that relate to what can be termed a (reform economies)
and work to rein in inflation, output also for corruption and poor spending restraint, management and planning, and even resorting to budgets Performing political purposes, which is often put economic effort in front of deep trouble, and before the emergence of soft areas in which accommodates the operating budget and put pressure on the national budget in general,
Millionday: NOTE -- MISTAKES IN THE ECONOMIC REFORM -- MONETARY POLICY WOULD BE
Millionday: with the opening of the door without the expense of the area of staffing, which Sinhec institutions State away from the search for treatments based on the revitalization of the investment side, and begin to develop a practical plan for the recovery of the private sector and absorb a lot of aspects of unemployment, with the correlation application program to import systematic,
and according to the maximum and strategic needs. Add to that the real application of the tariff of customs at all border crossing points, especially on the production of similar goods, it will be support for the protection of the local product, and create real competition in the market component
Millionday: SO THERE IT IS ---- 1. revitalization of the investment side,2.practical plan for the recovery of the private sector, 3.absorb a lot of aspects of unemployment, 4.correlation application program to import systematic, 5. Add to that the real application of the tariff of customs at all border crossing points,=======real competition in the market component
Millionday: REFORM AT ITS FINEST
diane1: WHEN DO THEY INTEND TO REINSTATE THE TARIFFS?
Millionday: I HAVE READ THIS MONTH MEANING SEPT --- FOR THE TAXATION --- THEY ARE CHECKING AT BORDER PRODUCTS NOW
diane1: WILL THAT MEAN A RATE I hope?
Millionday: Alliances and partnerships economic may be trying to get out of crises, economic failure, and the renewal of dealing with a more flexible markets, and less dominant, and out of the dominant circle of the International Monetary Fund and the World Bank and their conditions predatory politics in control and Alakhaddaa..ohmah recognize the Iraqi government to move toward such
These spaces will be some sort of disengagement with the turbulent economic policies, and with the soaked crises markets, did not contribute to the development of any episode of the economy mired in centrality, and figured out that the need to approach the government for the pursuit of openness and partnership with the BRICS economic group, which Her countries mean faster growth rates global economic,
Millionday: it will be a springboard to engage in new economic system, and an activist, and an economic horizon of the future, and can help you solve a lot of problems, commercial, agricultural, oil and banking economy in Iraq.
This organization has the task of states, strong economies such as China, Russia, Brazil, India and South Africa, and with the active participation of Iran, which is Masada economic trends for these countries more effectively in the face of US and Western domination of world markets,
especially that of human demography of these countries makes it valid to create the world's largest markets environment, and to develop economic growth rings, as it sought to confirm the independence of Iraq and his search for outlets meet its economic needs ..
Millionday: NOTE -- IRAQ WANTS TO BE ABLE TO HAVE HELP FROM ORGANIZATIONS AS BEFORE TO RAISE FROM THE ECONOMIC
Millionday: It is noteworthy that capital «Brix» group of nearly 200 billion dollars, divided into $ 100 billion, as capital «Brix» Bank for International Development, as well as another $ 100 billion to fund the cash reserve.
This will force the financial and banking force will be an element protectionist countries that join the group, or that share its economic policies, and positions in the reduction of political polar hegemony, banking and domination of the banks run by the major policies in the United States and Gharb..kan Russian President that, Vladimir Putin, announced ahead of summit Ufa in Russia last month, the leaders of the Group countries signed, during the sixth summit held last year in the city of Fortaleza, Brazil, the founding document of the bank $ 100 billion, the work which starts with a capital estimated at $ 50 billion, to provide every state 10 billion.
Millionday: OBVIOUSLY THE INFORMATION IS -- ECONOMIC STRUCTURING IS VERY IMPORTANT FOR SUCCESSFUL REFORMS --
Millionday: TRYING TO GET THE BEST TRANSLATION AS POSSIBLE ON THOSE ONES ---
Millionday: NOTE -- THIS REPORT IS VERY INTERESTING -- SMILE
Millionday: Iraqi economy is in the consequences of wrong policies of the past to years ago that should be addressed in accordance with the procedures being able to mobilize domestic resources to finance economic activity and employ them properly by lifting the total investment ratio to GDP in order to achieve rapid desired growth through the achievement of real accumulation of capital and of the actual investment productive
and in order to achieve a shift in the structure of production in the various sectors and the nature of forward and backward linkages with each other to get out of the dominance of the oil sector on the overall composition of GDP and a large marginalization of the rest of the economy.
Millionday: NOTE -- THE PROBLEM WITH IRAQ AMONG MANY BUT THIS IS SAYING -- THE LAWS IN PLACE AND PRODUCING OTHER THAN OIL -- DIVERSITY
Millionday: The promotion of other sectors capabilities is preliminary, requires employment accumulation of productive capital towards the establishment of a balanced base of infrastructure and the use of investment in the establishment of new facilities, particularly in the provision of energy resources suitable to be used in production processes balanced costs with those provided in the countries at
Millionday: NOTE -- ACTIVATING PRODUCTION REQUIRES TRAINED WORKERS -- BUILDINGS FROM INVESTMENTS ----POWER PLANTS- AND PRICES COMPARIBLE IN THE REGION ---
Millionday: NOTE -- MEANING THE PROMOTION OF THE PRIVATE SECTOR MAY BE PREMATURE BUT -- THE INVESTMENT IS NOT --
Millionday: >>>which could not be done without the active participation of the sector Special in the implementation of such projects, which requires institutional framework encouraging him through the provision of banking institutions be able to offer loans at favorable interest rates.
Millionday: READ EVERY WORD -- THEY ARE GIVING STEPS TO DO FOR THE PRIVATE SECTOR IMO AFTER THE ECONOMIC REFORM IS APPLIED
Millionday: to activate the role of the private sector in the diversification of the economic sectors through its contribution to move the domestic demand, which in turn can only come from by improving the business climate, which is an obstacle to Iraqi and foreign investors are ready for war uncalculated consequences in Iraq under the fragile legal framework to a large extent, despite the presence of a large amount of legal frameworks that investment laws and regulations govern, but they are not a homogenous package you need to simplify and agree with each other to guide the investor on the right track, which can protect the economic interests on the grounds that legal reform is based basis for any institutional reform following the state.
Millionday: NOTE -- THE LEGAL--INSTITUTIONAL AND ECONOMIC REFORM HAVE TO BE DONE ALL AT THE SAME TIME SO THEY AGREE WITH EACH OTHER -- COMPLIANCE
Millionday: The work on the general structural reform of the legal frameworks to encourage the private sector access to the strengths of the Iraqi economy and moved in the right direction and took her to diversify gross domestic sources,
all of that requires the activation of strict government measures to combat financial and administrative corruption that afflict most of the state institutions, which holds the shoulders of the investor additional burdens added to the burdens of security risks.
Millionday: NOTE -- AS WE HAVE DISCUSSED SO MANY TIMES -- ALL OF THE REFORMS COMPLIMENT EACH OTHER -- THEY ARE RELIANT FOR THE SUCCESS AND LEGALITIES
Millionday: This concerns as well as using a rational mechanism of taxation to direct investments selectively towards sectors that contribute directly to economic diversification and return a step back toward import substitution gradually industries and in line with the treatment of waste that took place in foreign currency during the past years to buy imports requirements could have been produced or assembled locally as much much less than the cost, including breeds consecutive episodes of the production chains of intermediate goods and complementary.
Millionday: NOTE -- SEE THIS ALL WILL PRODUCE THE FUNDS NEEDED TO BEGIN THE GOVERNMENT PROGRAMS
Millionday: consequently, we find that there is a preference for grants for specific projects under the national development needs and areas most in need of development without this hindrance be in front of the desire of the private sector in contributing to projects of his choice but to grant additional benefits to projects that wants them and is consistent with the needs of the economy
Millionday: NOTE -- GRANTS TO HELP CITIZENS WHILE STILL PROTECTING THE NATIONAL ECONOMY --- NICE
Millionday: Although From long years that have passed since the legislation Iraqi investment law and the completion of many organized his instructions and amend the law twice, but we find based on the implementation of this law ignores one of the most important objectives desired from this law,
which is directing investments to achieve a variety of development and out of the influence of sector extractive dominant Iraqi economy, which has proven unable to meet the requirements of sustainable development and achieve the desired diversity to achieve an acceptable amount of stability and the ability to internal maneuvering to avoid sharp fluctuations in GDP data.
Millionday: END OF REPORT -- INVESTMENT LAW --- NICE
Millionday: IT APPEARS THEY ARE REFORMING BY THE NEWS - SO HERE COMES MORE
Millionday: THE TARRIFFS ARE DONE AS A >>>>%<<<<<
diane1: ok bring it on I am awake
militia man: I am shell shocked.. lol
diane1: Oh My God! WhOOOOPOW!
Millionday: NOTE -- THIS REPORT IS VERY INTERESTING -- SMILE is where i started to copy
Millionday: LET’S LOOK AT THIS
Millionday: THE REASON IS THAT THEY ARE ISSUING BONDS ACCORDING TO REPORTS TODAY
Millionday: WITHIN IRAQ -- SO A LITTLE DIFFERENT THAN THE OTHER BOND ANNOUNCEMENT -- THESE ARE FOR CITIZENS OR DOMESTIC
Millionday: When a sovereign government needs to borrow to fund its operations, there’s a distinct advantage to issuing debt in its own currency.
Namely, if it has trouble repaying bonds when they mature, the treasury can simply print more money. Problem solved, right? As it turns out, there are limits to this approach.
When governments rely on an increased money supply to pay off debt, an approach known as seigniorage, the currency is no longer worth as much. If bondholders earn 5% interest on a bond, but the currency’s value is 10% lower as a result of inflation, they have actually lost money in real terms.
Millionday: NOTE -- WHEN THE COUNTRY BELIEVES THAT A LARGE AMOUNT OF FUNDS WILL BE RETURNING THAT WOULD SUPPLY FUNDS TO PAY OFF DEBT
Millionday: IRAQ WOULD HAVE FUNDS IMO ACCORDING TO SOME OF THE INFORMATION ABOUT THE MONETARY POLICIES THEY ARE ACTIVATING
Millionday: When investors worry about inflation and, therefore, demand high interest rates, countries might have to issue debt in a foreign currency.
This is a particularly common strategy for emerging and developing markets around the world. Often, these governments will choose to denominate bonds in more stable, marketable currencies. It’s typically easier to sell debt this way, as investors no longer fear that devaluation will erode their earnings.
Millionday: SO REMEMBER THAT THE BONDS ARE REPORTABLY IN DINAR
Millionday: HAVE A GREAT NIGHT AND KEEP YOUR EYES OPEN TO STAY INFORMED
Millionday: LOVE TO YA AND SEE YOU FRIDAY