WHEW! THAT IS SOME LAUNDRY LIST RIGHT? BUT HE IS GETTING IT ALL DONE STEP BY STEP. ONE OTHER VERY IMPORTANT STEP IN THE REFORMS IS THE PRIVATE SECTOR; THIS SECTOR NEEDS TO BE STIMULATED BUT NOT TO WORRY BECAUSE ABADI IS A MAN WITH A PLAN.
WELL THE PRIVATE SECTOR NEEDED TO BE CAPITALIZED RIGHT SO HOW TO DO THAT? WELL ABADI TOOK HIMSELF TO ABU DHABI AND HELD A MEETING AT HIS HOME FOR ALL IRAQI BUSINESS MEN LIVING OUTSIDE OF IRAQ AS WELL AS UAE OFFICIALS.
THEY DISCUSSED INVESTMENT OPPORTUNITIES FOR THE PRIVATE SECTOR AND WAYS OF REMOVING ANY OBSTACLES. HE LISTENED TO VIEWS AND PROPOSALS OF THESE BUSINESSMEN ON PROCEDURES FOR TRAVEL, AND INVESTMENT LAWS, AND THEY CAME UP A STRATEGY TO GET THE PRIVATE SECTOR ENGAGED.
THEY EXPRESSED THE DESIRE OF THE UAE TO INCREASE COOPERATION WITH IRAQ AND ESTABLISH A SPECIAL RELATIONSHIP WHERE THE UAE WOULD BE A NATURAL PARTNER FOR IRAQ.
THE MEETING ENDED WITH ABADI REQUESTING THE INVESTORS VISIT IRAQ TO SEE FOR THEIR SELVES THE PROGRESS, AND NOT LISTEN TO THE DISTORTION OF THE MEDIA. THE INVESTORS PROMISED TO CONSIDER THE REQUEST SERIOUSLY.
READ MORE HERE
Abadi confirms directed the government to support the private sector http://www.imn.iq/news/view.56461/
NOW IT WOULD SEEM THAT EVERYTHING ABADI TOUCHES TURNS TO GOLD BECAUSE A FEW DAYS LATER WHAT HAPPENED? SAADI WHO IS THE HEAD OF THE SECURITIES COMMISSION CONFIRMS A TRUE PARTNERSHIP. THAT’S JUST AMAZING.
Saadi: Meet Abadi businessmen confirm true partnership
AND ALWAYS A MAN WITH A PLAN AND ALWAYS THINKING ABADI HAS TO FIGURE THE BEST WAY TO GET THE BUSINESS MEN INTO IRAQ. SO HE COMES UP WITH ELECTRONIC VISAS. YOU SEE ELECTRONIC VISA WILL BE MUCH QUICKER WAY TO FACILITATE THEIR ENTRY INTO IRAQ. WHILE HE’S AT IT HE WANTS TO GRANT ELECTRONIC VISAS FOR ALL INVESTORS AND BUSINESS MEN INTERESTED IN INVESTING IN IRAQ.
Iraq gives (VISA) electronic foreign businessmen
OK SO LETS RECAP QUICK, WE HAVE THE CORRUPTION GETTING UNDER CONTROL, THE CURRENCY BEING SWITCHED THE NEW BILLS ARE COMING OUT, THE BUSINESS MEN COMING ON ELECTRONIC VISAS TO CAPITALIZE THE PRIVATE SECTOR SO WHAT IS MISSING?
AHA THE CENTRAL BANKS OPINION OF ALL THIS. OH YEA AND THE IMF’S OPINION TOO. SO HERE WE SEE WHAT THEY HAVE TO SAY AND THE STEPS THE CBI IS WILLING TO TAKE WITH THE PRIVATE SECTOR.
Central Bank: We support the private sector continuing to provide foreign exchange requirements
AFTER READING THIS ALL WEEK WE HAVE TO AGREE THAT A RATE CHANGE IS RIGHT UPON US. WE ARE SEEING TIME LINES BEING MET, THE GOVERNMENT PROGRAM BEING FOLLOWED, THE CENTRAL BANK CLEANING HOUSE; THE GOVERNMENT BANKS HAVE NEW ATM’S AND NEW CARDS WITH SIM CHIPS AND ARE READY TO DISTRIBUTE THEM. WE SAW THE CBI SAY YET AGAIN THEY HAVE ALL THE ELECTRONIC SYSTEM IN PLACE TO DELETE THE ZEROS AND THEY ARE SET TO GO TOO
THE AGRICULTURAL SECTOR IS READY TO BE ACTIVATED AS WELL AS OTHER AREAS TO DEFLECT FROM OIL BEING THE SOLE SOURCE OF INCOME http://alliraqnews.com/2014-06-14-07-34-14/159393-2014-12-12-11-07-03.html
THE ISIS SITUATION IS MORE THAN UNDER CONTROL. THEY ARE ENCOURAGING THE DISPLACED TO RETURN TO THEIR HOMES EVEN THE ONE’S IN PREVIOUS HOT SPOTS.
THE DECISION WAS IN TODAY FROM THE UNITED NATIONS TO ALLOW IRAQ TO POSTPONE THEIR LAST COMPENSATION PAYMENT UNTIL 2016 TO KUWAIT. THIS WILL CERTAINLY BE A BIG HELP ON THE BALANCE SHEET FOR IRAQ. http://www.imn.iq/news/view.56600/
YES IT CERTAINLY DOES LOOK LIKE CLIMATE IS GOOD FOR THE FINAL STEPS OF THE MONETARY REFORM. AND WE ARE NOT THE ONLY ONES THAT WOULD AGREE WITH THAT.
YESTERDAY THERE WAS A MEETING WITH THE FINANCE MINISTER AND THE OIL MINISTER AND A DELEGATION FROM THE US CONGRESS. WE ASKED OUR SELVES WHY NOW? THEY WERE REVIEWING THE ECONOMIC SITUATION AND THE BUDGET AND DEVELOPMENTS OF THE GLOBAL OIL MARKET. HUMMM THEY COULD HAVE DONE THAT FROM WASHINGTON.
Finance ministers and oil Showcase economic conditions for Iraq with a delegation from the US Congress
The Ministry of Finance revealed that the Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi has met with a delegation from the US Congress.
Statement of the Ministry of Finance had seen him for News Agency (et) that he was most evident during the meeting urged the government programs in the areas of development, was also review the economic situation and the budget and the developments of the global oil market.
The Delegation of the Congress President of the Republican majority in the House of Representatives Kevin McCarthy and Rodney Vrling Hocn member of the House of Representatives Chairman of the Appropriations Committee and Devin Nunes member of the Intelligence Committee and participated in the meeting, also vice chairman of the US mission and a number of aides members of the congressional delegation.
The delegation of the Congress of the United States stand with the government and people of Iraq in the face of terrorism and achieving security and stability and support the government's program to bring more democracy, reconciliation and reforms.
AND THEN LAST BUT NOT LEAST LAST NIGHT ABADI CALLED THE PRESIDENT OF THE USA AND GAVE A NICE PROGRESS REPORT.
(*) Readout of the President's Call with Prime Minister al-Abadi of Iraq
President Obama spoke by phone today with Iraqi Prime Minister Haider al-Abadi to discuss the political and security situation in Iraq and the progress of Iraqi Security Forces in their efforts to counter ISIL. The President commended the steps that Prime Minister al-Abadi has taken in the first three months of his administration to govern inclusively and begin building a united front among Iraqis to combat ISIL. The President congratulated the Prime Minister on the conclusion of the recent oil revenue-sharing arrangement with the Kurdistan Regional Government and reiterated his commitment to supporting the Iraqi Security Forces’ success through train and assist programs, provision of weapons and equipment, and airstrikes. He also noted U.S. support for the Iraqi government’s ongoing efforts to integrate Sunni tribal fighters into Iraq’s security institutions.
SO THAT IS THE END OF OUR UPDATE FOR THIS WEEK, FROM WHERE WE SIT EVERYTHING IS LOOKING GREAT. THE BUDGET IS SCHEDULED FOR MONDAY AGAIN, AND WE MAINTAIN THEY WILL NOT OPEN IT UNTIL THE CBI POSTS A RATE.
IF THAT IS NOT WHAT THEY ARE WAITING FOR THEN THE BUDGET COULD HAVE READ BACK IN NOVEMBER WHEN THEY FIRST FINISHED IT.
THE DROPPING OIL PRICES MAKES A NICE COVER BUT IF WE REMEMBER WHEN ALL THIS STARTED WITH THE DECLINE IN OIL PRICING IRAQ SAID THEY WOULD ADJUST AT $60 A BARREL AND INCREASE PRODUCTION, SO WHY THE DAILY DELAY?
ADDITIONALLY WE FEEL ABADI HAS BEEN A MAN OF HIS WORD, SO WE FIND IT ODD THAT HE WOULD PLAYING THE WHERE’S WALDO GAME WITH THE BUDGET UNLESS HE WAS BEING TOLD TO HOLD OFF.
WE POINTED THE HIGH LIGHTS OF THE WEEK AND NOW YOU READ AND DRAW YOUR OWN CONCLUSIONS, WE FEEL THIS SHOULD BE A VERY TELLING WEEKEND.
LOVE TO ALL ….MY LADIES
OH P.S. HERE IS THE NEW PLATFORM FOR THE KURDISTAN STOCK EXCHANGE
Erbil Stock Exchange http://www.erbil-esx.com/