Millionday Wednesday Night News Time 1-20-16 Part 2 of 2
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Millionday: NOTE -- HE IS OBVIOUSLY PUSHING FOR UN SUPPORT WHILE THEY MOVE FORWARD -- NO BLOCK IN THE ROAD NEEDED FOR IRAQ
Millionday: Sheikh Mohammed reviewed with Kubiš in this meeting a number of issues and files of common interest, and demanded sovereignty of the international organization to put pressure on countries to find a global and appropriate mechanisms to prevent solutions without causing economic problems because of lower oil prices, and play a greater role to provide support and assistance to the Iraqi people and the Kurdistan Region to re-displaced to their areas liberated.
Millionday: Vice President of the Council pointed out that the instability in Iraq will certainly affect negatively on the situation in the region, Europe and the whole world, also pointed to the existence of a financial and economic crisis in the region for non-salary payments for several months, which has made conditions there much worse and this requires the United Nations and the international community stepped in to address this situation difficult as soon as possible.
Millionday: NOTE -- THIS IS HUGE -- HE IS ASKING FOR HELP TO COVER THE PAYS THAT HAVE NOT BEEN MET DUE TO THE PAST -
THIS SOUNDS AS IF THEY ARE EXPECTING A CHANGE IN THE ABILITIES OF IRAQ -- VERY POSITIVE IMO
Millionday: For his part, Kubiš UN Representative stressed that the Mission is following with great interest the latest developments and current events in the Iraqi arena and is working with a view to continued support for Iraq's government and people seeking to unify work and attitude between the partners and overcome differences to ensure security, stability and fight al Daash terrorist Iraq and received international support in the global fight against these terrorist groups and extremist expelled out of the country.
Millionday: IT APPEARS TO ME THAT THE 'CATCH UP' HELP NEEDED IS GOING TO BE GIVEN AND ALSO SOUNDS AS IF THE UNITY AND WORK BEING DONE HAS BROUGHT AROUND CONFIDENCE FROM THE INTERNATIONAL COMMUNITY -- THIS IS GREAT NEWS IN THE BIG PICTURE
Millionday: THIS IS REFERRING TO THIS MORNING -- (SO MUCH GOING ON RIGHT NOW) AND MOST ALL URGENT AND QUICKLY -- WHOOPOW
Millionday: Wednesday morning opened the Executive Committee of the Federation of State Boards members of the Organization of Islamic Cooperation meeting.
The meeting was chaired by Parliament Speaker Salim al-Jubouri and a number of delegations of the parliaments of Arab and Islamic countries.
And participate in the conference of more than 300 personal as the Commission which indicated that the Conference (OIC) says "adopt the Charter pledged by Islamic anti-violence and terror states."
The president of parliament Saleem al-Jubouri said about 50 delegations from countries.
Millionday: SO AS WE SEE THIS IS PART OF THE ADDED CONFIDENCE IN SECURITY AND IS HUGE FOR THE BEGINNING OF THE MEETING THEY ANNOUNCED WITH 80+ COUNTRIES –
(OIC) IS THE ORGANIZATION OF ISLAMIC COOPERATION -- HUGE FOR IRAQ AND THE PLACE THEY HOLD IN THE REGION AND IN THE EXPECTED RESULTS
Millionday: NOTE -- THIS IS ACTION -- THE ADOPTION OF THE >>CHARTER PLEDGED -- THEY HAVE COME A LONG WAY
Millionday: I AGREE SWAN -- VERY EXCITING WHOOPOW
templejc: CANT THEY WORK ANY FASTER?
jtank: so many meetings
jackflash101st: so little time
Millionday: I AM SHOCKED BY THE SPEED THEY ARE OPERATING IN -- ABADI ROCKS
Millionday: THIS IS AN ANNOUNCEMENT OF ACTION AND THE DEVELOPMENT OF THE PLAN -- COMPLETION
Millionday: The government announced the development of a comprehensive economic framework for the diversification of financial resources quickly because of the continuing decline in oil prices and its impact on the state's resources.
Millionday: NOTE -- THIS ANNOUNCEMENT WAS MADE AFTER THE MEETING AND THE RESULTS ARE COMPLETE WITH PLAN IN HAND
Millionday: A statement by the Ministry of Finance Agency has received all of Iraq [where] a copy of it, s Ministry of Finance was held in coordination with the Committee on Economic Affairs, an expanded meeting on Wednesday evening, chaired by Finance Minister Hoshyar Zebari,
and the presence of oil ministers, Planning and Agriculture and the Governor of the Central Bank and a number of members of the committee in addition to a number of financial experts, economists and academics to discuss the financial situation in Iraq. "
Millionday: NOTE -- THIS IS MORE INFO ON RESULTS OF MEETINGS
Millionday: Search and assembled according to the statement "ways to address the economic and financial crisis through the implementation of urgent measures conducive to maximizing the resources of the state to overcome the financial crisis of the 2016 budget."
The statement pointed to "develop specific ideas implemented within a comprehensive economic framework addresses the procedures Wares executable quickly as well as the formulation of economic and financial policies in the short and medium term, lead to the diversification of resources and reduce in the end dependence on oil as a key resource for the Iraqi economy, with
Millionday: NOTE -- THIS IS NOT JUST AN OPINION REPORT -- THIS IS A COMPLETE JOB FOR URGETO EXPLAIN ETC IS NEEDED -- HE WAS PRESENT NT USE FOR IRAQ FINANCIALLLY INCLUDING THE GOVERNOR OF CBI SO NO FURTHER MEETING
Millionday: an emphasis on the importance of harmonization of procedures with existing mechanisms of cooperation between Iraq and the International Monetary Fund. "
It is noteworthy that, oil prices are these days, a remarkable collapse which recorded the lowest level over the past 13 years since I arrived last Friday to $ 25 a barrel for the OPEC basket of crudes and less than $ 30 for Brent.
Millionday: NOTE -- OBVIOUSLY THE LOW PRICES OF OIL HAS BEEN AN ISSUE -- THEY HAVE RESULTS WITH THESE PLANS IT APPEARS -- AND IMO THE MARKET WILL BE INVOLVED
Millionday: The Office of the Prime Minister Haider al-Abadi, confirmed last Friday, the government continues to search for sources of funding out of the economic crisis, including internal and external borrowing and taxation and activating the customs tariff and selling bonds, international and internal subscription and implementation of projects on credit.
A spokesman for the Office Saad al-Hadithi's [where], "The government has drawn up plans in the budget of 2016 approved by the Parliament is to search for sources of financing be helping and assisting the oil sources," noting that "the adoption of the budget on oil sources this stage is no longer feasible."
Millionday: NOTE -- OBVIOUSLY THE BUDGET MUST INCLUDE ALL OTHER SECTORS IN ORDER TO BALANCE THE NEEDS OF THE COUNTRY
Millionday: Sabri said that "there are other options carried out by the Iraqi government through a bond offering, or IPO, or even an internal sale of international bonds and the implementation of some projects on credit payment system according to the specific percentages do not conflict with Iraq's economic future,
Millionday: SO OBVIOUSLY THE AGREEMENT HAS BEEN MADE -- THIS IS FAST IMO FOR IRAQ -- VERY INTERESTING TO SEE SUCH MOVEMENT FROM THEM -- LOVE IT
Millionday: Economic Commission representative, on Wednesday called for the activation of the five loan trillion dinars to support agricultural and industrial banks and speed up disbursement to stimulate the investors in the private sector and give them the opportunity to contribute to the support of a market economy, noting that there are some politicians want to keep our country a consumer non-productive.
Millionday: NOTE -- THEY ARE ACTIVATING ALL ECONOMIC RESOURCES TO MOVE TO >>>> A MARKET ECONOMY -- WHOOPOW
Millionday: Said committee member Najiba Najib told / information /, there was "no way for Iraq but for the advancement of its economy through the activation of the industrial and agricultural sector investment and tourism sector."
Millionday: NOTE -- DIVERSITY OF THE MARKET HAS TO BE DONE IN ORDER TO MOVE FORWARD ECONOMICALLY SO OBVIOUSLY THE MARKET ECONOMY
Millionday: NOTE -- READ EVERY WORD>>>She added that "there is an urgent need to encourage investment law and promotion in order to allay the fears of investors and attract to work in Iraq and build a strong investment system supports the national economy through the multiplicity of its resources and not rely on the basis of oil as a source of national income."
Millionday: NOTE -- TO RELY ON OIL RIGHT NOW DOESN'T TAKE AN EXPERT TO REALIZE THAT THIS IS NOT A GOOD IDEA -- SMILE
HOWEVER -- AN URGENT NEED TO ENCOURAGE INVESTMENT IN THEIR PRIVATE SECTOR AND MARKET IS ALWAYS GREAT TO SEE -- I LOVE THE URGENT PART
Millionday: Najib called for "activating the five loan trillion dinars to support agricultural and industrial banks and speed up disbursement to stimulate the investors in the private sector and give them the opportunity to contribute to the support of a market economy," asserting that "there are some politicians want to keep our country a consumer non-productive".
Millionday: It is noteworthy that Iraq is witnessing a severe financial crisis after the fall in oil prices significantly large deficit in the balance of the year 2016, all of this with a high war on terror to liberate the country expenses.
Millionday: SO IF ALL DID NOT KNOW THEY NEED TO HUSTLE TO GET THEMSELVES IN THE MARKET TO MOVE FORWARD THIS YEAR ECONOMICALLY -- THEY HAVE FINALLY SEEN THE LIGHT IT APPEARS -- WHOOPOW
larrykn: md with oil falling and investment going up with will that do to the rate IYO
Millionday: THEY ANNOUNCED SOMETIME AGO THAT THEY ARE GOING TO INCLUDE THE ISX IN THE GDP FOR THE CALCULATION AND THE ADDED RESOURCES
AND AGREEMENTS AND LOANS WILL IMPACT THE CALCULATION SO AT THIS POINT WE DON'T KNOW HOW IT LEVELS ITSELF OUT AND WHAT THEY HAVE DONE TO MAKE UP FOR OR I SHOULD SAY WHAT % OF THE LOSS THEY HAVE HAD FROM THE PRICE OF OIL SO
Millionday: I DON'T KNOW
larrykn: understand ty md
Millionday: SO MANY FACTORS GO INTO THE REAL ECONOMY IT IS HARD TO JUDGE WHERE THEY ARE AT THIS POINT AND WITH AGREEMENTS MADE WE DON'T EVEN KNOW ABOUT
Millionday: GREAT TO SEE EVERYONE AND HAVE A BLESSED NITE
Millionday: EVERYONE LOOK FOR THE CALL AND MORE NEWS ON THE FORUM -- LOTS OF NEWS OUT THERE THAT IS FOR CERTAIN -- HUGE MEETINGS AND PROGRESS -- WHOOOPOW
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