Millionday Wednesday Roundtable 8/5/15
Welcome to dinarupdates.com for Roundtable with Millionday!!
Millionday: Twilight News CBI / said on Wednesday he constantly meet all banks and companies requests from the dollar.
The bank announced in a statement seen by Twilight News, he was "continuously meet all the banks and companies of the dollar requests according to the instructions window without any change."
The bank said it was "an ongoing also accept cash deposits and the various groups," denying "any rumors otherwise that attempt to influence the exchange rate and stability."
The bank has taken a series of decisions in recent weeks to stabilize the local currency after the dinar dropped against the dollar to 1,400 dinars to the dollar.
Millionday: SO REMEMBER THE 90 DAYS CBI ANNOUNCED AND THEY ARE STATING HERE THAT THEY ARE TAKING STEPS TO STABALIZE THE DINAR -- RUMORS THEY SAY ARE FALSE
faith1: when did the 90 day announcement come out ?
Millionday: ABOUT A MONTH AGO
Millionday: THEY ARE WORKING TO MAKE THE DINAR STRONG AND GAIN CONFIDENCE
Millionday: RIDDING THE COUNTRY OF USD ON THE STREETS
Baxter1243: How are they ridding currency... when yesterdays auction was 352 million?
Millionday: THE AUCTION IS ATTENDED BY BANKS
Baxter1243: SO where does that currency go?
faith1: didn't the IMF OR the UN ..or was it world bank give a 60 day window to act ? if so when was that ? Please and thanks
Millionday: YES THEY DID AND IT WAS ABOUT TEN DAYS AGO --
Millionday: Central bank, on Wednesday, continuing to meet all banks and companies requests from the dollar, adding to the acceptance of deposits of cash in various categories.
The bank said in a statement received by Alsumaria News, a copy of which he was "continuously meet all banks and companies requests from the dollar according to the instructions window without any change. " the bank said, "He also added continuously to accept cash deposits and the various groups," denying "any rumors otherwise that attempt to influence the exchange rate and stability."
The Governor of the Central Bank on the Keywords announced in the third from last March that the new regulations set by the Bank is that the auction is no longer a daily window of operations for the sale of currency auctions, noting that the new mechanisms developed to sell this currency, especially that of its functions to provide currency for foreign trade.
Millionday: SO THIS IS ANOTHER STATEMENT ABOUT THE WORK ON THE DINAR AND CBI STEPS TO PREPARE FOR FOREIGN TRADE
Millionday: Stressed the economic advisor to the prime minister, on Wednesday, that work is continuing the first phase of the national strategy to promote the private sector, and move public companies to work in the market, while between the parliaments they include three phases implemented over 15 years down the independence of the private domestic market management sector, and explained member of the national team for the advancement of this sector to reduce the allocations of the three presidencies and rationalization of expenditures are part of the program to maximize state revenues.
Millionday: NOTE -- THEY ARE MOVING TO PROMOTE THE PRIVATE SECTOR AS WE HAVE BEEN SEEING
Millionday: He said the appearance of Mohammed Saleh, an economic advisor to the Prime Minister, Haider al-Abadi, said in an interview to the (long-Presse),
"The work is continuing the first phase of the national strategy to promote the private sector by moving state-owned work companies in the market," returned that "it is a President step in that strategy. "
Millionday: NOTE -- IN THE MARKET -- WHOOPOW
Millionday: Saleh added that "the Iraqi Central Bank gave five trillion dinars for the domestic market in the framework of the strategy to support the private sector," noting that "the most important characteristic of that strategy is to strive for the establishment of the Iraqi market, which will be within the next year in 2016 or the next Council."
He said economic adviser Ebadi, that "the work that strategy extends to the year 2030 in order to ensure the promotion of the private sector's contribution to gross domestic product by at least 50 percent instead of the current 36 percent."
Millionday: NOTE -- THAT IS A HUGE GAIN IN THE GDP --- ESTABLISHING THE MARKET IS MEANING THE ISX -- PROMOTING THE PRIVATE SECTOR -- AND REMEMBER LAST NIGHT -- THE MOVE TO THE WTO -- WORLD TRADE --
Millionday: For his part, member of the parliamentary committee supervising the national strategy to promote the private sector, Haitham al-Jubouri, said in an interview to the (long-Presse), said that "the national strategy to promote the private sector is in three phases implemented over 15 years,"
adding that "the first phase of which is the participation of State support in the private sector, and the second with the participation of the state of the sector, and the recent independence of the private sector to act alone in the local market management. "
Millionday: NOTE -- IN OTHER WORDS HELP FOR THE PRIVATE SECTOR AND THEN THEY SHOULD HOLD THEIR OWN --
Millionday: He revealed al-Jubouri, for "the formation of ten committees private agricultural and industrial sectors, to facilitate the procedures and regulations of banking, tax and accounting, and the reform of the private sector and propose special this legislation," noting that these "committees comprising representatives from relevant ministries and parliament."
Millionday: NOTE -- PREPARATION FOR MONITORING AND HELP AS THEY ARE REPORTING -- LEGISLATION FOR THE COMMITTEES
Millionday: Meanwhile, a member of the national team to promote the private sector, on behalf of Jamil, in an interview to the (long-Presse) that "for reducing the allocations of the three presidencies and the rationalization of expenditure decisions are part of the work of the national team," adding that "the national team is working to maximize state revenues and activation sector private, and soon will have the initiative to launch an initiative to support the private industrial sector and overcome the obstacles it faces. "
Millionday: NOTE -- THIS IS ENCOURAGING FOR THE ADVANCEMENT OF IRAQ
Millionday: Beautiful promise, that "the central bank allocated trillion dinars to lend to small and medium-sized enterprises, is part of the promotion of the private sector measures," she returned to "the Iraqi Central Bank will contribute for the first time in the economic development programs that are the basis in law and his work, through this procedure, as well as five trillion dinars "amount.
Millionday: NOTE -- LOANS TO MOVE FORWARD -- WHOOPOW
Millionday: NOTE -- READ THIS >>>The Iraqi government announced in an earlier launch of the national strategy time to promote the private sector, indicating that it will include the diversification of income sources and create an attractive investment environment for the private sector, and the state gradually move away from care projects directly.
The Minister of Planning, Salman al-Jumaili, said in (the 25th of June 2015), the need to base the correct information for the development of the private sector in Iraq, while between the government program focused on private sector development mode, expressed the readiness of the ministry to the success of the project developed to enable it to fulfill its role Development required.
Millionday: NOTE -- THEY ARE TAKING THE STEPS TO MOVE FORWARD AS REQUIRED FOR THEIR DEVELOPMENT -- SMILE
Millionday: The Council of Ministers approved, on the first Tuesday (22 July current 2015), to reduce the prime minister and his deputies' salaries by 50 percent, and the allocation of agents ministers and advisers and those with special grades by 40 percent, while among that cut a major salary of the Republic and the House of Representatives will be by the Prime Minister, the implementation of the resolution starting from the beginning of next August.
Millionday: SO AS WE KNOW THAT IS THIS MONTH -- LOVE IT
GrannieAnnie: I love seeing the process that they are going through. It gives me hope that the RV will be showing soon. And will help the Iraqi Citizens have a much better life.
Millionday: I AGREE -- SO MUCH HAS HAPPENED IN THE YEARS WE HAVE WATCHED THIS ADVANCE -- GREAT PROGRESS
faith1: "the most important characteristic of that strategy is to strive for the establishment of the Iraqi market, which will be within the next year in 2016 or the next Council." what does this mean ? yet another statement of time frame to have a value to the IQD ? or am I misunderstanding ? please and thank you...
Millionday: I THINK THEY ARE AVOIDING THE TIMELINE AND GIVING ONE - IRAQ HAS ASKED THE UN TO COME AND HELP WITH IMPORTANT LAWS AND ALSO THE NATIONAL RECONCILIATION --
Millionday: THINK OF THE MANY MANY CARDS THAT HAVE ALSO BEEN ISSUED -- SMILE
Millionday: National Alliance MP Abboud al-Issawi said on Wednesday that the transfer of powers is to entrench the democratic system and a violation of administrative complications.
He said al-Issawi told all of Iraq [where] that "pre-judgment on the transfer of powers process is incorrect and may not be judged by the knowledge of its consequences," noting that he "should be evaluated experience within certain rates and the lack of success in a particular province, it is worth knowing the obstacles that have prevented its success." .
Millionday: NOTE -- THEY ARE TALKING ABOUT THE RISKS IN TRANSFER OF POWERS
Millionday: NOTE -- IN A DEMOCRATIC SOCIETY -- THOSE ARE COMMON -- LOOK AT THE VARIETY WE HAVE HERE IN STATES ETC
Millionday: "The transfer of powers from the ministries to the provinces represents a quantum leap for the consolidation of the democratic system and the abuse of the routine administrative and complexities," explaining that "to the provinces sufficient powers in the service file management because it is closer to the citizen."
Issawi said that "Iraq is suffering from significant administrative problem, the he said, and the transfer of powers to the provinces represents a solution to part of these problems as well as contribute to ease the pressure off the ministries.
Millionday: NOTE -- IMAGINE IF WASHINGTON HAD ALL POWERS AND NONE WAS TRANSFERRED TO STATE LEVEL -- HOW RIDICULAS
Millionday: SMILE >>>It is said that 15 provinces have agreed on the sixth of August now considered [Thursday] occasion to celebrate the transfer of powers, as a starting point for a new era of decentralization administrative stipulated by the Iraqi constitution, as local governments and decided to resort to the judiciary when a slowdown or delay or relevant ministries for transport
Millionday: SO AS WE SEE -- PROGRESS -- WHOOOPOW
msdiva: Do you feel with all the progress thats happening Iraq will have a rate before this years end
Millionday: I DONT KNOW WHEN HUN -- WISH I DID
clay: do u think WBs threat will work or is a real threat
Millionday: THEY HAVE A LOT OF POWER AND ALSO THEY HAVE AGREED TO HELP -- I WOULD THINK IRAQ WOULD NOT BE WILLING TO GO BACKWARDS ECONOMICALLY
Millionday: THEY HAVE A LOT TO LOOK FORWARD TO -- I WOULD THINK THE PROGRESS DONE WOULD INSPIRE THEM
Millionday: Parliamentary finance committee confirmed, Wednesday, that the country will face great economic gravity by the lack of study Price speculative for a barrel of oil by the government in the budget of 2016, pointing out that the economic policies used by the government to rely on oil revenues is a failed policy.
The committee member said Masood Haider for "tomorrow Press," that "austerity and the lack of liquidity faced by the Iraqi provinces will continue until the year" in 2016, pointing out that "Iraq will face the seriousness of the financial result of the increase in lower oil prices."
Millionday: He called Haider "the federal government to find alternatives to bring fiscal revenue by relying on the private sector," adding that "the Ministry of Finance to guess the price of a barrel of oil to balance in 2016 at $ 40 per barrel to be adopted in determining the chapters of the budget."
He added that "if the Ministry of Finance more than that amount would lead to an increase in economic problems."
Millionday: SO IRAQ IS RELIANT ON THE PRIVATE SECTOR -- THIS IS GOOD NEWS -- THE OIL PRICES HAVE CREATED A RELIANCE THAT PUSHES THE COUNTRY TO MOVE TO PRIVATE SECTOR ACTIVATION --- TRADE
Loop: Outside of Wheat what other ways could they use to help them out next year. Seems like the private sector development will take some time. Thoughts?
Millionday: MANY ---DATES -- CONCRETE -- GOLD JEWELRY -- WEARABLES --- I WILL HAVE TO FIND THE LIST -- HOLD ON
Millionday: I WILL BRING IT TONIGHT
Millionday: REMEMBER MEAT -- AND ALL WE HEARD OF LAST NIGHT
Millionday: THE LIST IS LONG -- I WILL BRING IT
Millionday: HAVE A GREAT DAY
Millionday: I WILL SEE YOU TONIGHT AT NEWSTIME