Millionday news 1/28 Part 2
Millionday: NOTE -- THIS IS FOR THE MOVE TO A MARKET ECONOMY NOT FOR THE SPECULATORS -- MEANING -- IT IS FOR THE ACTION NOT THE TALK
Millionday: As Prime Minister Haider al-Abadi said on Friday at the World Economic Forum - Davos "We turn now from the system controlled by the government to a mixed economy more active, as we privatize key sectors, and explore partnerships between the public and private sectors, and entering into joint ventures with international companies,"
Millionday: He explained, "As a prime minister, followed interdependence strategy, instead of the dominance of the state government control over the economy and the dominance of the Baghdad government to local governments, public and private sectors will enter with the central government and provincial governments in"
Millionday: SO AS SO NICELY PUT TODAY – CAPITALISM WHOOPOW
Millionday: revealed an economic expert peace Sumaisem, Wednesday, for the World Bank donated $ 6 trillion dinars to Iraq in order to reduce the projected deficit in the federal budget for 2015
Sumaisem said, in a statement to "Ein Iraq News", "The final report of the budget must be under certain controls, which reduce the deficit first, and reduce overhead by and increase overall revenues by the last second," indicating that "the World Bank donated 6 trillion in order to reduce the deficit in the Iraqi budget. "
Millionday: NOTE -- UNDERSTAND WHAT IS BEING SAID HERE -- THE FINAL BUDGET MUST BE A CERTAIN FIGURE -- THIS WOULD ONLY BE FOR CALCULATION AND PLANNING ETC AS FAR AS I CAN SEE ----
VERY INTERESTING THAT IT HAS TO BE THAT NUMBER SO BADLY THAT THE WORLD BANK HAS DONATED TO THEM ALOT OF MONIES IMO
Millionday: NOTE -- READ HOW THIS INTERVIEW WENT
Millionday: She Sumaisem that "if implemented new standards for the unification of the salary scale on the one hand and the reduction of social benefits expenses, which amounted to 200% then it is possible that these measures indicate a sign of optimism for the Iraqi people,"
she asked, "Do you reduce the minimum functional degrees granted three presidencies?, And classification of peace Do you include a new salary scale for each unified state employees?, how much will the salaries of special grades?
Millionday: SO SHE IS ASKING HOW ARE WE GOING TO MAKE THIS WORK ? FINANCIALLY
Dovi Millionday: does giving them 6 Trillion dinars take that many off the streets then?
Millionday: TAKE THAT MANY OFF THE STREETS ? YOU MEAN DINARS ?
Dovi Millionday: would that be dinar they won't exchange at high rate later
Millionday: THAT WOULD BE US DOLLAR THAT CBI WOULD EXCHANGE FOR USE IN IRAQ
Millionday: I DONT KNOW WHEN THIS WILL TAKE PLACE AND WHAT VALUE THEY WILL PUT ON IT AS WE ARE IN THE MIDDLE OF THE EXCHANGE AND ALL THAT WOULD IMPACT THE DONATION
Millionday: OK BRB WITH MORE -- VERY INTERESTING NEWS NIGHT
Millionday: revealed a parliamentary source, on Wednesday, announced the completion of the parliamentary finance committee to draft general budget for the current year the law, while stressing that the installation of the contracts listed in the budget, he pointed out Tejes monthly salaries for the displaced families.
The source said in connection with the (news) Today, that 'the parliamentary finance committee included installing all contract owners in the ministries within the financial budget for 2015',
adding that 'this matter includes contracts owners who have service 3 years and older with the promotion of their transactions to install the Permanent their owners'.
Millionday: NOTE -- THE ACTIVATION OF ALL CONTRACTS WITHIN THE BUDGET
Millionday: The source, who preferred not to anonymity, said 'Moazna allocated 9000 degrees and careers to new ministries of Education and Interior in budget 2015',
indicating that the '4000 degrees and careers to the Ministry of Education and 5000 another degree to the Interior Ministry. "
He said he 'was allocated Tralonen and 400 billion dinars in the budget for the displaced distributed salaries monthly them by 400 000 dinars', pointing out that 'the financial budget for 2015 set the price of a barrel of oil at $ 56 and the allocation of one dollar to the provinces producing oil and Basra dollars and a half'.
It is scheduled that the House will vote on its tomorrow, Thursday Financial draft budget for the current year of $ 119 trillion Denarobadz reached 25 trillion dinars.
Millionday: WOW THAT IS NOT A LOT
Papatom: a dollar a barrel for the producing area???? that's it?
Millionday: AND $1.50 FOR BASRA TO BE RAISED WHEN THE PRICE OF OIL GOES UP
Millionday: THEY ALL AGREED TO IT
Papatom: that will surely lower the deficit..of the national budget......only paying that much.....??
Millionday: YES ACCORDING TO WHAT I HAVE SEEN THEY WORKED TO DROP THE DEFICIT ALL TOGETHER
Millionday: STICK THE LOSS TO THE PEOPLE -- WELCOME TO DEMOCRACY
BookumDano: MD Are you going to have a Thursday newstime?
Millionday: IF THE BUDGET PASSES I AM GONG TO COME IN TO SEE WHAT ELSE HAS HAPPENED AT THE SAME TIME
Millionday: THE SAME TIME -- AT 730 EST
Millionday: The Ministry of Industry, Wednesday, that the profits of petrochemical project will be $ 110 billion, and at the time indicated that it will provide 50 000 jobs, confirmed that Basra province will be the incubator for plastic industries.
Said Undersecretary Adel Muhsin in a press statement on the sidelines of the signing of the contract that "the project, which was signed between the Ministry of Industry as a government and Shell International will profit a year more than a billion dollars,
while the profits will reach during the duration of the project work between 70 to 110 billion dollars, "noting that" the project will be the fourth largest project in the world. "
Millionday: NOTE -- THE FOURTH LARGEST IN THE WORLD LETS US SAY WITH CERTAINTY THAT IRAQ WILL HAVE A MARKET ECONOMY AND ALSO THEIR PRODUCTS WILL BE ON THE SHELVES SOMEWHERE -- SHELL INTERNATIONAL -- LOVE IT
Millionday: "The project will be implemented over five years would be the amount of production in which more than 1.0008 million tons per year," pointing out that "the project will occupy between 10-30 thousand people with construction and more than 50 000 people from other manufacturing industries."
He enhancer that "the province of Basra will be an incubator for plastic tubes and fabrics Kalpolstr," pointing out that "global companies have a desire to work in Iraq and that there is a global companies will sign contracts with them during the last period for the establishment of petrochemical projects and fertilizer in Basra and the provinces of other Iraqi."
Millionday: OBVIOUSLY -- IRAQ WILL HAVE TO BE INTERNATIONALLY RECOGNIZED
Millionday: The government program has emphasized the need to create a genuine partnership between the public and private sectors through that economic vision that private sector development is an important factor to achieve any progress in sustainable economic growth generator of income.
In order to achieve this economic vision we need to studies, discussions and research contribute to the development of an economic strategy that can achieve the objectives of the government program in this area and in other aspects of the most important investment banking and politics hence the (Economic Forum morning),
which is the economic effectiveness of the successful will be looking for solutions and treatments for problems that stand in the way of the success of the development in Iraq in many economic,
such as tourism, industry and agriculture sectors, which can contribute to the diversification of income sources and contribute to supplement the general budget.
Millionday: NOTE -- THE ECONOMIC FORUM THAT I HAVE BEEN BRINGING YOU THE REPORTS FROM FOR DAYS IS THE "ECONOMIC FORUM MORNING"
Millionday: NOTE -- THEY ARE SAYING THAT FOR THE GOV PROGRAM TO MOVE FORWARD THEY NEED THIS FORMED AND THE REST IS COMING IN THIS REPORT OF OTHER NEEDS
Millionday: Thus, we find that the Iraqi media and newspaper (morning) in particular and through its center for Strategic Studies has taken upon itself the responsibility to seek common visions and understandings between the private and public sector through brainstorm by experts and delivered to specialists and presented to the public with full transparency in order to start in earnest redraw decisions and economic laws and regulations related to investment and to facilitate the work of the private sector to take a real role to be the public sector is a supporter and observer of the private sector without interfering with his policies, but must state adopts preventive censorship policy to facilitate the work of the private sector.
Millionday: NOTE --A S WE READ TONIGHT THEY HAVE PUT THOSE REGULATIONS IN TO HAVE TRANSPARENCY FOR THE INVESTORS AND THE PRIVATE SECTOR AND GIVEN OPEN DOORS FOR THE MINISTRIES
Millionday: NOTE -- THIS IS A GREAT REPORT
Millionday: We have identified several paragraphs of the government program To achieve this goal, including the restructuring of state-owned industries and strengthen the role of the private sector and the activation of the relevant national Balstrutejiat and encourage strategic partnerships with local and foreign investors competent,
on the other hand the government program found the need to provide the necessary infrastructure for the development of transport and the advancement of the agricultural production, livestock and development areas of Gaza trade and banking.
It is necessary here to point out an important fact, which is that laws passed in recent years by the parliament as a law of investment and the law of industrial development and loans Tariffs and still is disabled genuine because of the weakness of the legal system in general in Iraq and the absence of appropriate legislation and amendments .
Millionday: NOTE -- ALL LAWS CREATED IN RECENT YEARS WERE GEARED TOWARD INVESTMENT FOR IRAQn - SOME HAVE NOT BEEN ACTIVATED DUE TO LAWS NOT IN PLACE YET
Millionday: suffered the industrial sector in Iraq over the past decades from many accumulations led to the decline, including the international sanctions suffered by Iraq as a result of the previous dictatorial regime's policies and the economic blockade
in addition to the absence of legislative support and the destruction of infrastructure as a result of wars and conflicts and the absence of a clear strategy and planning necessary to bring life to him,
Hence, we find that (Economic Forum morning) was an opportunity for experts and specialists to put their proposals as an opportunity for the legislative authority of the executive branch to take advantage of these proposals and studies towards finding solutions to improve the reality of the Iraqi economy at this critical juncture.
Millionday: SO THEY ARE AT A CRITICAL JUNCTURE AND HAVE FORMED THE ECONOMIC FORUM MORNING TO COMB THROUGH ALL REGULATIONS SO THEY HAVE EVERYTHING IN PLACE FOR INVESTORS -- LOVE IT
Millionday: There are many visions and ideas that were discussed at the crossroads (morning and economic) to support the Iraqi economy in several axes, the most important activation of a lot of broken economic doors due to many factors, including political, including security.
and comes to the mind of the observer of the reality of the Iraqi economy that politics still plays an influential role in the formulation of economic trends in this country away from the reality of concrete, what constitutes a considerable pressure on the course of the Iraqi economy,
which still depends very high up on oil imports despite the fact that many officials in the country have declared repeatedly activating other economic aspects that will supplement the Iraqi economy resources, and make it a multi-faceted economy that does not depend on oil imports only, as
Millionday: NOTE -- THE PURPOSE OF THE FORUM IS TO IMPROVE THE SUCCESS RATIO
Millionday: available in the country elements of many industries provide at least self-sufficiency indiscriminate import a lot of goods from outside the country affects the local industries on the one hand
and on the other hand, contributes Ptbazir achieved financial resources instead Oil exports also contributes to the operation and factories of other countries instead of importing these factories and construction in Iraq, including believes in providing many job opportunities can absorb unemployment among young people.
Millionday: NOTE -- IT IS HARD TO DECIDE ON HOW MANY IMPORTS DUE TO THE MANY JOBS AFFECTED EACH WAY
Millionday: NOTE -- LOVE THE FIRST LINE
Millionday: But to take the necessary reforms and the presence of good leadership expert and develop clear plans for the future of these countries were able to regain economic rebound and tip the scales in their favor in a short period of time does not exceed the years.
Certainly, more areas that can be invested Iraq investment right is the small and medium enterprises, which was the main reason for the rise of a lot of Asian countries such as China, Japan and Malaysia, where these countries have achieved breakthroughs significant economic across these projects as a whole are especially large projects if they integrated the elements of success.
Millionday: NOTE -- THIS HAS BEEN DONE BEFORE SUCCESSFULLY AND IT DIDNT TAKE LONG TO PAY OFF (IN OTHER WORDS)
Millionday: Despite the fact that the Iraqi government and in cooperation with a number of civil society organizations and some donor countries have begun distributing loans to set up small businesses in the whole of Iraq.
However, these projects are only temporary treatments were not did not achieve the real purpose of the establishment and remained just disbursement to import goods from outside Iraq and pumped for the domestic market, without seeking to achieve is able to keep up with their counterparts in neighboring countries, an Iraqi industry
Although one of the main factors the establishment of the industry available a capital you've spent the Iraqi state to the owners of small and medium-sized enterprises have not pursued or initiate the necessary laws to regulate the work of these entrepreneurs and merely distribute amounts without providing real opportunities for private investment, and
Millionday: NOTE -- ONCE AGAIN CALLING FOR THE INVESTMENT LAWS NEEDED -- NICE THAT ABADI AGREED
Millionday: and a lot of the owners of these projects lack the experience and expertise in the conduct of their affairs properly It is true what makes them able to keep up with the labor market.
did not notice the organizers of these grants that the lack of experience of industrial Iraqi may make these projects failed, at least in its early stages and that due to the low level of administrative awareness among those responsible for small and medium enterprises,
as they also noted need for a law regulating work in terms of marketing of production and the creation of mechanisms for this and this is a very important point in light of the invasion of imported goods to markets leads to unequal competition opportunities.
Millionday: NOTE -- THE LACK OF EXPERIENCE IN IRAQIS HAS DEVELOPED AN OPPORTUNITY THAT IS NOT FAIR FOR THE INVESTORS AND THEIR EXPERIENCE
AND THIS ALSO HAS ALLOWED FOR LARGER IMPORTS DUE TO LACK OF PRODUCTION FOR IRAQ -- THEY NEED TRAINED IN ADMINISTRATION
Millionday: Consequently, we found that most of these projects were not industrial as it was purely commercial and contributed very significantly in the Iraqi domestic industry declined in favor of imported goods also contributed to the unemployment devote one way or another.
Millionday: SO THEY ARE TURNING OVER EVERY STONE AS WE HAVE SEEN TONIGHT TO MAKE ANY CHANGES TO TIP THE WHEEL OF SUCCESS FOR THEIR PRODUCTION
AND ALSO FOR THEIR NEEDS AS THEY MAY BE SUCCESSFUL AS IN THE DISPLACED PEOPLE ETC -- VERY INTERESTING HOW HARD THEY ARE ALL WORKING RIGHT NOW
ronda: Will the people in jail be freed soon
Millionday: YES ACTUALLY THEY HAVE BEEN IN NEGOTIATIONS ON JUST THAT -- I AM SORRY I DONT HAVE THE INK BUT I READ IT AND THEY ARE ACTIVELY WORKING ON THE RELEASE