Millionday news 10/30
[millionday] when you read this report remember that you are invested in this country smile
[millionday] Iraq is classified according to international reports that he has the ingredients to do comprehensive economic renaissance for possession of natural resources and human capital as well as large and huge investment opportunities including it occupies a mattress in the economies of advanced countries in the world
Where A report published in the " Wall Street Journal" in the U.S. earlier classification Iraq ranked ninth among the most of natural resources in the world.
[millionday] World Bank's opinion last as Class A World Bank report recently released Iraq's economy was ranked 151 out of the economies of 189 countries in terms of ease of doing business there.
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In this context , said economic expert, Dr. appearance of Mohammed Saleh said the report was adopted climate surrounding the Iraqi economy because elements of the Renaissance real economy is clearly in natural and human resources enormous owned by the country.
Saleh added in a statement to the (morning) that the Iraqi economy is very strong but it is surrounded by unstable political and security which impact directly in the economic downturn to ranked 151 among the world's economies Other.
[millionday] He pointed out that the state of uncertainty in the local and foreign investors play the most prominent role in the failure of the productivity of investment projects in the medium term or short , indicating that this case did not come from a vacuum , but came as a result of instability in the conditions of the country in general.
Confirming the presence of significant investment opportunities in Iraq summarize in a nutshell, the way to get to those economically advanced stages
[millionday] meaning -- the ability is of course very high -- but with the security and instability it has let the list get above them -- as we know they are working on this and have succeeded in many ways
[millionday] one of them is the most advanced security that they can get is being installed and connected in iraq through contracts (international) -- much going on to add to stability as well
[millionday] Salih stressed that this category close to the reality surrounding the Iraqi economy and not close to the real economy of the country as the country has a capital of human and financial resources in addition to the vast natural resources that drive that is our economy ranks high among the world's economies , but the circumstances of the country make it in this mattresses late- rating report issued by the World Bank.
adopted the report rate rating country percentile based on a set of 10 indicators , represented by ( the start of the project and construction permits and access to electricity and registering property, getting credit, protecting investors as well as payment of taxes and trade and the implementation of cross - border contracts and resolving cases of insolvency ) .
[millionday] The report shows that the country 's high rating indicates the ease of doing business and the regulatory environment will be conducive to starting work and to engage in the activity .
The report covered the period from June 2012 to May 2013. And replaced the United Arab Emirates , according to this report in the first place for the Middle East and North Africa , followed by Saudi Arabia Secondly, with dissolved Bahrain ranked third
[millionday] nice of how much change has effected its potential smile -- whooop whoop brb with more
[millionday] it appears that the report is about Iraqs gain
[Papatom] I agree
[millionday] here is a call to move forward now with payment system
[millionday] Academic stressed economic Majid Baidhani the importance of securing legal and technical requirements for the development of the banking payments system to serve the project of the National divider .
He told the (morning) that improve the payments system first starts spreading awareness and banking culture among citizens in the smart card use in banking transactions as they represent one of the pillars upon which the project.
Calling for the development and expansion of banking services provided by banks under Article 27 of the Banking Act No. 94 of 2004 , in addition to opening new branches for private banks in order to contribute to increasing the density of banking.
[millionday] so this is the call to activate -launch the electronic banking -- smart cards and all of the payment systems
[millionday] smile brb with more
[jimplants] whoop whoop
[millionday] told you all would be smiling -- and it gets better -- whooop whooop
[Dovi] whoop whoop!!!!
[onthewings] Whooooop Whooooop
[Domino] Freakin amazing!
[millionday] Economists urged the need to accelerate the implementation and completion of strategic projects , and strengthen the bonds of the link between the process of economic development and public budgets for Iraq.
Economic expert, Dr. Majid picture , said in a statement ( morning): that " the facts established in the report of the Ministry of Planning for the budget year 2014 there are more than 6000 project did not perform , cost 228 trillion dinars, this is a sign that there are a lot of projects must be pursued and hold negligent and take the necessary measures . "
said Suri said major projects in general need to be political climate , security and clear economic policy , noting that there are a lot of projects in the public and private sectors , but so far has not been restructured despite spending billions of dollars.
[DlD] But when is it released to all theaters lol
[millionday] note -- in other words -- they need to start now the projects that are ready and move forward -- its time and they are ready
[millionday] The expert pointed out that the Ministry of Electricity did not consider in terms of plans, strategic secure electric power for industry , agriculture, tourism and other services , but all the focus of the effort the ministry is to provide energy to individuals , which is a great achievement but very is disproportionate to the money spent in this area and is disproportionate with plans development of the country , calling for consideration of these things look a comprehensive and integrated economy and its effects on the macro and micro .
[millionday] they need power for the house but also need power at work to pay the light bill on the wings lol
[Papatom] millionday they need power to even HAVE a light bill !!!!
[millionday] not if they mirror the town i live in
[Domino] They need enought power to actually do this instead of suggest or call for it to be done
[millionday] He was considered the picture that without taking appropriate measures in all areas of legislative, political, security and economic , strategic projects will not be in earnest, as there are major strategic projects must work to be accomplished .
The expert explained that he has the expertise of foreign and international companies to invest in these important projects , but these companies do not turn because of red tape and lack of secure supplies of contracts and implementation, noting that
[millionday] all of Iraq needs to rebuild infrastructure, primarily basically a matter of power , especially when solving this problem , all the problems of the industrial and agricultural sectors , tourism and the production and service sectors and economic activities can be solved radically.
Suri urged the concerned authorities to establish a program to accomplish the strategic projects that contribute to the reconstruction of infrastructure , as well as the identification of projects in detail to include all other sectors, and to find a comprehensive overview to resolve problems faced by the Iraqi economy.
[millionday] in other words -- they need to make a list of their priorities and go along with that as they begin -- that way what needs done first is done first and so on they took all those words -- to say just that smile brb with more
[Domino] millionday I'm guessing that the low intelligence level of the citizens is why so much of the media is saying in so many ways the exact same this about all that need to be done. Ya think?
[wmawhite] Domino .the Iraqis are not low intelligent people.
[millionday] yes -- they are trying to explain to citizens in a way that makes sense -- they have questions and they are using the media to help them make sense of what is going on and how they are doing it
[millionday] the heart of any healthy economy is the private sector -- for many reasons -- one is the confidence in making it and the other is of course the movement of money and the health and reliance of the banking sector
[wmawhite] Domino ....that has nothing to do with intelligence............they may have low education rates.........but intelligence is different.
[millionday] no they are very intelligent -- but they are learning a brand new way of life in every aspect --
[millionday] He specialized in economic affairs Naseer students need to dispense to ensure the employee in the case of the granting of loans .
He said in an interview for the (morning) that the reality of lending requires that the projects taught by public banks that have a company specialized bank guarantees role in the loan guarantee .
He pointed out that the experience of lending adopted by private banks and guaranteed by the bank guarantees company has achieved great success in various production and service functions .
The Rasheed Bank had announced earlier has a lending portfolio of more than 200 million dollars and the company can share bank guarantees with insurance companies to cover future loan guarantee .
[millionday] loans are coming and becoming active so that the private sector can grow and so they are achieving great success from the amount of applications for loans and expect it to be a huge push for development
[millionday] Counting and former oil minister Ibrahim Bahr al - Ulum process of the development of scientific research in the oil industry make it a positive step investment product to address the problems of extractive and manufacturing industries and gas industry .
Uloum said in a statement to the (morning) : "The leadership of the oil sector is interested in the development of scientific research in the sector of the oil industry , as a criterion for the progress of peoples and aims to develop the knowledge , creativity and innovation ," expected that there will be a serious contribution between the national system of the National Institutes and national oil companies and foreign , since this cooperation will make this investment product research to address the problems of the oil industry.
[millionday] The former minister added that he does not need to have a vision and strategic planning and efficient tools paid scientific research in this direction , because the oil sector is able to develop after being slowed down movement since 1989 after the order was canceled Previous Research Council .
He Bahr al-Ulum that the leadership of the oil sector when set up for international conferences provide multiple messages of interest in scientific research and attracting researchers Arabs and foreigners to set up such seminars and studies in Iraq in the important topics serve the extractive and manufacturing industries and gas industry , believing that the ministry will support all institutions operating in Iraq and encourage them to development.
[Papatom] MD...gonna make the oil industry GREEN? cus they have so much money to put towards it?
[millionday] they are moving forward with all contracted research of the oil industry --- so this is in country and foreign researchers as well very good news and obviously huge progress for the country with the huge amount of oil they have of course brb with more
[millionday] this was e-mailed to me -- --- there is a speech being made by maliki tomorrow -- it is at the london meeting and its subject is the announcement of Iraq`s transition by the loooks of it
[millionday] Iraq has made significant progress since the last of U.S. troops left the country in December 2011, but continues to face serious challenges. Iraq’s economy became stronger, provincial and regional elections were organized, and the country has made steady steps toward regaining its regional and international stature.
At the same time, the country is struggling with high levels of violence and other spillover effects from Syria, as it tries to hold national elections in 2014 and find a workable common vision of governance.
[Baxter1243] millionday ..I thought M was in Washington?
[Papatom] Baxter1243 was
[Hunch] He meets on Friday with o
[millionday] im sorry i meant Washington edit that here is the linki to the speech tomorrow
[millionday] link smile it is at 10 am est
[millionday] >>>>>>>>>>>>>>>>>>>>>. http://www.usip.org/curr-webcast
[millionday] thank goodness you caught that hun -- i would have looked silly smile brb with more news
[Dovi] Is MD saying the Maliki speech will be made from Washington rather than London?
[wmawhite] millionday is he in Washington or in London
[wmawhite] millionday .sorry........I understand.......mis spoke.........lol
[navyparents] Fox News just said he will meet Obama Friday.
[faith1] Event Location U.S. Institute of Peace 2301 Constitution Avenue, NW Washington, DC
[millionday] he is making the speech in the morning in washington
[millionday] i mispoke is all
[Msbossydiva] Dovi Dovi yes
[millionday] k -- sorry if i confused you all -- its washington -- though smile
[Msbossydiva] millionday its ok so much excitement