[millionday] they have announced they changing prices to represent .86 usd and 1.16 for the iraqis and have said they are changing the total for the year budget to reflect that as well
millionday] the act of changing prices is not a long process as it cant be drawn out or the country would be all mixed up -- when taxes are paid for quarter -- it would be a mess
[wmawhite] millionday .........progress...........it is a good thing........lol
[cornbread] so your good with .86cents
[millionday] cornbread that is talking about the removal of the three zeros and the redenomination - oh yes progress we love and i say -- i would take it -- smile
[wmawhite] millionday .......1 September is the start of a quarter.
[cornbread] thats right
Read More Link On Right
[sunnyca] millionday I have a question about that. Wouldn't them changing the budget to match .86 mean they would have to cut 2/3 of their budget?
[millionday] sunnyca it would mean the prices would be cut as well -- taking the three zeros off is all that is brb with more
[millionday] Confirmed the parliamentary economic committee, on Monday, that the Kurdistan region the main reason behind disabling the customs tariff law, for not acknowledging the application of this law to oppose it with their own interests.
Said committee member Amer Hussein, in a statement, "Baghdadi News", that the law is currently disabled due to differences between the center and the region, at the same time ruling out the application of this law during the next phase.
Said the provincial government is the only beneficiary of disabling the customs tariff law, stressing that this law of important laws to regulate the country's economy and the protection of the local product and increase the resources of the public treasury of the state.
[LBnFL] wmawhite 1 Sept is NOT the start of a quarter. January, April, July, October are starts to their quarter.
[cornbread] i spoke with tlar on the phone he seems to think it will happen by the first of sep
[millionday] this is the reason of the tariff tax not being set yet
[cornbread] fresh as it gets
[wmawhite] LBnFL .......thanks..........a little ahead of my self......lol
[millionday] cbi is working with customs to make sure currency is not shipped out so they have to exist
[piuser64] so that is good ..right MD.. not wanting the currency shipped out?
LBnFL] millionday Did you see ANY articles stating anything about the govt giving gifts to the citizens at the end of EID? Or was that jus more empty promises?
[garygs415] millionday, what will keep people from smuggling dinars into other countries, then cashing them in at the new international rate?
[sunnyca] millionday if they come out at that low # would it be an RV, and is it likely they would float, or can you tell at this point?
[no-regret] millionday millionday what do you mean by they exist what has to exist
[LBnFL] no-regret If the CBI is working with customs to make sure the new currency is not shipped, that means that the new currency does exist.
[no-regret] LBnFL does she mean new currency ? LBnFL just trying to understand
[LBnFL] That is what I am reading
[no-regret] LBnFL k cool thx
[millionday] LBnFL exactly
[millionday] Congress stressed the need to put an end to disagreements over to sit at the table of dialogue, while others believe that dialogue alone will not slip out of the country from the crisis that pass by,
stressing the need to hold a national meeting and take decisions away from partisan and personal interests.
Attorney sincere Aichoa, called for the need to hold a national meeting and take decisions away from partisan and personal interests after reaching the political situation to the level of bad and impacted negatively on the security situation.
The Aichoa said in a press statement that "the political process need to hold a national meeting of all the influential political blocs in the country to save the country."
[millionday] It is noteworthy that the political scene is witnessing an active mobility toward reconciliation between the opposing parties, and break the ice that caused political obtaining a state of drought among the various political forces, making the situation of the country raging almost chronically failed most of the initiatives resolve the crisis.
The MP for the coalition of Kurdish blocs Mohammad Qasim Hmokhta, refer the stability of political and security situation to restore trust between the political blocs and sitting leaders at the dialogue table, saying that terrorist groups began stepping up their attacks on civilians,
despite the presence of calm positive prevailing political situation. The country has deteriorated the security situation in the month of Ramadan and the subsequent bombings in the third day of the Feast claimed the lives of dozens of citizens.
[millionday] Moreover, confirmed united bloc in Parliament, it will not open a loophole for terrorism to take advantage of political differences, calling for political blocs to respond to the initiative of the Presidency of the Republic.
Where said spokesman bloc Dhafer al-Ani's "Center Brief for the Iraqi Media Network," that "mass united will not open a loophole for terrorism to take advantage of political differences,"
noting that his bloc "support any political initiative will adopt a national dialogue or hold a national reconciliation and melt the ice differences between political blocs. "
He Ani that "mass united hopes of other political blocs to respond to the initiative Alkhozai launched to purify the political atmosphere." He was Vice President Khodair al has launched a document of honor in which he said "our belief in the need to create climates and appropriate atmosphere for peaceful coexistence and strengthen the bonds of national unity and strengthen the fabric social and build bridges of friendship and brotherhood of Islamic and national among all components and Iraqi people.
[millionday] can we try to read this so that everyone can catch it -- im not sure if he/she has launched the document of honor this is great news very
[millionday] "But the Iraqi List, has noted that the dialogues alone is not sufficient to end the current political crisis, pointing to the need to seriously consider the interests of the people.
has said MP for the coalition in Iraq Hakki Lafras, that stop bleeding Iraqi and out of the current situation are not dialogues only, without thinking seriously the interests of the people. said Lafras that the dialogues and initiatives which are held must serve the people in order to ensure its success,
and build a strong country beyond all crises with confidence, pointing out that the country needs leaders are a measure of responsibility, and have ceased to media statements that do not serve the interests of the people, and not to think about their own interests and to cling to power.
[Papatom] millionday sounds like al-Qaida won't get a foothold there....
[millionday] sounds huge to me
[Papatom] yup.... it's what is needed for intl investment millionday you might say it's like preaching to the audience!! oops... Preaching to the choir is what i meant lol
[millionday] these are great promises to the country
[millionday] For his part, MP from the list of Mesopotamia Kanna, the political blocs to give flexibility to some of the outstanding issues, which became a clear impact on the overall situation in the country, in order to end the political differences and get out of the current crisis.
said we were that he did not need the presence of efforts and serious concessions by politicians to contribute to solving the outstanding problems that have a direct impact on the security situation that occurs in the country between now and then., adding that the insistence of political parties on their positions convulsive contribute to the complexity of the crises that have beset the country and the political process dramatically.
noted that the availability of the will to resolve the differences will help to pass laws in the current parliamentary session, adding, "but the lack of will, we can not approve even in the next parliamentary session."
[millionday] this is fantastic -- the calm has arrived love it
[millionday] so with the national the peace agreement will come from that so we are looking at stability in the country of Iraq -- have to love the progress there
[LBnFL] millionday But they have not met the promises of the past. Did you see ANY articles stating anything about the govt giving gifts to the citizens at the end of EID? Or was that jus more empty promises?
[millionday] they have many things that have come from eid and mostly has just come from speeches with jobs coming -- banks coming -- the exchange and change in prices ect
[millionday] those were all press statements
[Papatom] millionday so that last paragraph ends with ... if we have the will we can pass the laws... but if you don't have the will....we can't even pass them in the next session.... right?
[millionday] it is saying that they need them for the next session to be successful and so on all the laws coming have to be passed for the next ect ect as in any reforms in all countries -- regulations ect needed
[millionday] yw all the time
[millionday] it takes the will of all parties to want to move forward for the good of the people as we have seen in our own country
Papatom] \millionday i have to believe there are political consultants from the US working there with the different factions...
[millionday] i dont see anything else that we care about at this point so we are waiting on the rate to change and the clues that go with it
[millionday] we see that many laws are being put in place and we see that the gov is moving forward to make sure they are working together and we see that with the shift of powers to local govs comes the money to make it work so we need to see some movement is all i have to say
[wheresmyRV?] millionday Is there going to be an in country rate and a out of country rate?
[wheresmyRV?] Because I see they are speaking of a 1.16 in country rate.
millionday] wheresmyRV? i would think so -- i believe that the change in pricing will produce the change we have talked about for redenomination and the foreign exchange rates will be set for all currency against the dinar but we shall see
[millionday] i would think we have a rate coming that will be comparable to the Kuwaiti dinar
[wheresmyRV?] I think it is going to be around 3.66
[millionday] i hope you are right -- smile