The Progress of the Other “Hasty” (urgent) Reforms
Weeks ago we heard about the passage of the Parties Bill and I talked to you how important this bill was. It was one of the seven promises agree to in the June Paris Conference. Thought you might want to know it was grouped as part of the “hasty reforms”.
Next I am presenting an article today to show you that parliament was to supposed to vote on the draft anti-money laundering and terrorism financing law today (note the third item on the agenda).
It is also another one of the “hasty reforms” I talked about in my last news letter dated 9/15. Please go back and read it. This is another one much needed for the reforms and again is one of the seven promises made in the June Paris Conference 90 days ago. So they may get this one too. You can see they are scrambling now to complete these seven promises. Why?
By the way we also see a vote on a few other important laws namely 1) the Investment law on the agenda for today. Hurray ! and 2) Second reading of the draft regulation of human organ transplantation (this is directly needed to outlaw practices now held by ISIS to raise funds for their militias)
Cause the know these reforms are tied to reinstating their currency meaning RV time !
PARLIAMENT AGENDA FOR SEPT. 16 (WEDNESDAY)
The agenda of the session number (23)
September 16, 2015
The third parliamentary session
The second legislative year
The first legislative term
First: Read verses from the Koran
Second: The vote on the draft second amendment to the Law of Investment Law No. (13) for the year 2006. (Commission of Economy and Investment, the Finance Committee). (17 articles).
THIRD: The vote on the draft anti-money laundering and terrorism financing law. (Finance Committee, the Integrity Commission, for the security and defense committee, the Legal Committee). (Article 57).
Fourth: Second reading of the draft regulation of human organ transplantation and prevent trafficking by law. (For the Health and Environment Committee, the Committee of Awqaf and Religious Affairs). (Article 31).
Fifth: Second reading of the draft law of private security companies. (Commission on Security and Defence). (Article 42).
Sixth: Second reading of the draft universities and colleges civil law. (Higher Education Commission, the
Legal Committee). (Article 56).
Releasing Other Forms of Revenue for Iraq
We read that Iraq needs to expand into other ventures to support it economy besides the oil revenues? They keep talking about bringing back agriculture, as Iraq has some very expansive fertile lands that were going to waist under Saddam and Maliki also did nothing to revive them. Iraq can literally be the “bread basket” of the middle east.
Now Abadi is taking direct action as he is appealing some of these older laws and wants the government to give assistance to “kick” start this farming industry for Iraq. Agriculture for Iraq can generated also nearly as much revenue as the entire oil production. Can you see now why Iraq is in an economic crisis and what they are doing to get out of it?
So do you now also see the connection as to why Iran wants to keep Iraq under their control? They are exporting food and cars (electricity, gas, etc) to Iraq to support their economy, Now the finance minister is telling the people this will stop since Iraq has the full capability to enter the free markets with the resources the now have. This is the roots of the Iranian terrorism in Iraq and the reason the Qud Revolutionary forces want to remain in Iraq (to control it).
As investors you need to connect what is happening to see the big picture here. If you do you can see how Iraq will literally explode with prosperity once the Iranian influence it gone.
Now can you see why I have been telling you all along Iranian influence must be gone (much as the snow storm must pass and melt) if Iraq (the passenger in the buried car) can go anywhere? My analogy from recent news letter about why the RV is stalled.
Very good articles and tells us so much.
ABDUAL MAHDI TWITTER MESSAGE/FINANCE MINISTER
(Office / editorial Justice)
In the name of Allah the Merciful
Consumerism without dangerous trend productivity
Iraq is not the only country in which rent-seeking in the budget depends on oil and resources .. Most of the countries surrounding Iraq's oil such as States Gulf and Iran from this angle similar to the situation in Iraq .. difference is that we have a declining trend productivity while they are trying to increase it in their countries.
Shreds Iraq imported from neighboring countries least favorable in terms of natural resource commodities such as milk, water, cheese, dates, fruits and vegetables and widgets home such as furniture, tools kitchen and personal, such as clothes, clothes and shoes, and some industrial equipment, but was able to Iran that there is itself an important market in Iraq, the Iranian brands of cars for export.
Gulf oil states models based on the promotion of national and foreign investments and open all areas of investment and bring the finest labs and most advanced, and establish better farms and pastures, and attract tourists and international forums, and the establishment of global and regional conferences, and the organization of the highest form of workshops and training courses, and sending tens of thousands of students annually to obtain a higher Certificates and techniques, in addition to invest hundreds of billions of dollars in projects and investments out of the country .. It is true that form the Gulf States special for many reasons, including the nature of the foreign population and the nature of employment, but the experience can learn from them a lot, especially in the framework of the modernization departments, rationalization and in accordance with international standards, and reduce reliance on sector General of the investments and the
private sector .. In the UAE, for example, reducing the number of staff to ten almost, and took the state contract and buy services rather than be based is out, providing a great money, and better services, and corruption less .. The countries of the Gulf oil is one of the more consumer countries as well, but in return are progressing countries in the field of production, investment, and one of the evidence for that, we are now imported from these countries state after state we were exported to.
The model Iran as a country of oil, which constitutes its national product to the total $ 406 billion in 2014, the second in the region after Saudi Arabia, the state control is still great to reach 50-60% of the economy, but the powers is a few given the official initiative to institutions or to form companies associated and that can act flexibly higher than when bureaucracies prevail, absolutely .. as the property laws and the establishment of banks and special interests and investment companies abroad and a tendency to work and production find great encouragement by society and the state alike. So Iran has been able to provide agricultural, industrial, consumer and service widgets, but you export in regional and international markets, despite the drop in oil resources, not only because of the low prices, but also because of the blockade and sanctions.
Iraq has continued to focus on oil production at the expense of the production of real agricultural, industrial and service sectors, etc .. and the continued focus on consumption and more consumption, the current crisis will not be the last crisis, but we will face the most serious crises and more will not be borne by the country.
Adel Abdul Mahdi,
CABINET AGREES TO WITHDRAW LAWS SENT TO PARLIAMENT BY THE PREVIOUS GOVERNMENT
Alsumaria News / Baghdad - And approved the Cabinet, on Tuesday, to withdraw the draft law sent to the House by the previous government, while decided to support 80% of the total cost of the seeds of wheat and barley crops.
The council said in a statement Alsumaria News received a copy of it, "The Council of Ministers decided at its 36th, which was held today, chaired by Haidar al-Abbadi sent to withdraw the draft laws to the parliament by the previous government, for the purpose of review."
The previous government had sent several bills to parliament in its past and present, and many of them are still stuck in the corridors of the House of Representatives because of political differences about them.
He added, "The Council also decided that the Ministry of Agriculture support the adoption of 80% of the total cost of the seeds of wheat and barley crops."
It is said that most of the wheat and barley growers in Iraq, often demonstrated in protest at the lack of support by the government, calling for their support in order to achieve self-sufficiency of these two important crops in Iraq.
PRIME MINISTER DR. HAIDER AL-ABADI AGREES THE LAUNCHING OF THE PROCESS OF GRANTING INDUSTRIAL, AGRICULTURAL, AND HOUSING LOANS AS PART OF ECONOMIC REFORM
Sept 6 2015
Based on the first package of reforms presented by the Prime Minister Dr. Haidar al-Abadi as part of economic reform to stimulate the economy in the country and provide jobs for the unemployed, has acknowledged, the crisis committee at its sixth meeting on 24/8/2015 under the chairmanship of the Prime Minister agreed a mechanism for lending in the INDUSTRIAL, AGRICULTURAL AND HOUSING SECTORS, which will be awarded in accordance with the instructions issued by the Central Bank and other banks.
Prime Minister's Media Office
Sunday 6 September 2015
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All,