DINAR UPDATES 5-15-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday PM Chat 5-15-16 Part 1 of 2
Included: Rcookie’s News Recap For Sunday....
rcookie says():Urgent .. Mahmood of infallible fast PBT heart of the Iraqi parliament
Sunday 15-05-2016 | 10:37:13Twilight News / Search President Fuad Masum, with Chief Justice Medhat al-Mahmoud deciding the problem of the current House of Representatives.
According to a statement of the Presidency of the Republic, it responded to Twilight News, the Al-Mahmoud stressed his intention to pay close attention to this issue and his quest to make every effort in order that the Federal Court to decide quickly complete and objective neutrality paramount.
rcookie says():MAHMOUD PLEDGES INTENTION TO PAY CLOSE ATTENTION TO HOR ISSUE AND FOR FEDERAL COURT TO DECIDE QUICKLY..COMPLETE...OBJECTIVE & NEUTRAL IMPORTANCE....
rcookie says():The infallible Abadi discuss three files
Sunday 15-05-2016 | 10:31:55 Twilight News / Search President Fuad Masum, with the Prime Minister Haider al-Abadi political developments to resolve the current crisis to the unified parliament session.
According to a statement of the Presidency of the Republic responded to the Twilight News, the two sides discussed enhancing preparations to achieve more victories to organize terrorist Daash, and redouble efforts to prevent a repeat of the terrorist attacks on citizens all over the country.
It also reviewed the evolution of the current negotiations with the International Monetary Fund to provide financial support for the sponsor to go beyond the current financial crisis so as to promote the process of the evolution of the economic and financial situation of the country.
rcookie says():HERE IS NEWS RECAP FOR TODAY....
COUNCIL OF REPRESENTATIVE PRESIDENT MEETS WITH BLOC HEADS & PARL COMMITTEES DISCUSS RECENT BOMBINGS......
JABOURI MEETS WITH ECONOMIC COMMITTEE DISCUSS REDUCING BUDGET MECHANISMS...NECHIRVAN DIRECTS KURDISH DELEGATION RETURN TO BAGHDAD...
POLITICAL BLOCS AGREE ON HOLDING COMPREHENSIVE PARLIAMENT SESSION THIS TUESDAY 17TH AND RELEASE STATEMENT WITH 7 RECOMMENDATIONS...
FULL QUORUM PARLIAMENT SESSION TUESDAY WITH KURD ATTENDANCE BUT REFORM PARTY NOT ATTENDING PER HILALI...
ABADI ATTENDS DAWA PARTY MEETING TO DISCUSS RETURN TO PARLIAMENT...ABADI ASSERTS COM SESSION FOR AGENDA TOPIC DISCUSSION NOT QUORUM OR VOTING...
MASSUD MEETS WITH MAHMOUD DISCUSS PARLIAMENT AND STATEMENT TO PAY CLOSE ATTENTION TO THIS ISSUE AND EVERY EFFORT FOR FEDERAL COURT TO DECIDE QUICKLY WITH COMPLETE & OBJECTIVE NEUTRALITY PARAMOUNT...
KERRY MEETS WITH KING SALMAN IN SAUDI ARABIA ABOUT SYRIA B& LIBYAN CRISIS...NEW AGREEMENT BETWEEN IRAN & IRAQ TO IMPORT GAS...
PYD SEES NO REASON TO KEEP SYKES PICOT AGREEMENT... MALIKI ACCUSES ABADI OF TEARING SHIITE AND NATIONAL ALLIANCE...
KUWAIT INVITES IRAN & OIL PRODUCERS TO FREEZE PRODUCTION...
JAFAARI & MASUD MEET SEPERATELY WITH UN KUBIS DISCUSS SECURITY AND DISPLACED CRISIS & ISF & PESHMERGA SUCCESS...
ABADI & MASSUD MEET DISCUSS 3 FILES.. .UNIFIED PARL SESSION..SECURITY ISIS...BAGHDAD BOMBINGS...
ABADI OFFICE CALLS ON POLITICAL FORCES PROVIDE ATMOSPHERE FOR RETORN OF PARLIAMENT...
TRADE BANK OF IRAQ WINS 2016 INT’L UNION OF ARAB BANKING ACHIEVEMENT OF EXCELLENCE AWARD...AUCTIONS START WEEKI AT $126 MILLION...
rcookie says():OK.....HERE WE GO!!....
rcookie says():Municipalities: Iraq needs international investment
5/16/2016 0:00 Financial distress and stopped behind the project
BAGHDAD - Suha Shaykhli confirmed the technical agent for the Ministry of Municipalities Engineer Jaber al - Hassani , a large fallout after stop investment projects in Iraq because of the general situation that led to the economic cycle , which cast a shadow over rising unemployment crashes.
He stressed in his speech Hassani »Sabah» that leaving these projects will lead to extinction, especially with regard to infrastructure, and the weather and environmental conditions will make it to utilize them non - existent.
He said the majority of the investment projects, especially in the cities when the stoppage will affect the infrastructure working in it as routes of transportation and electricity and the movement of trade, and to stop projects and is in the process of completion will affect the city 's environment in terms of health as well as other negative aspects, knowing that our ministry involved in projects outside Baghdad.
and stop investment projects in relation to the freezing of capital between al - Hassani said the cabinet dealt stopped investment projects that stalled projects and resolved by mutual consent and the other projects receiving funding.
But we are not currently find senior financiers from outside Iraq and the cause may be the security file or recounted by the media about the weakness and fragility of the economic situation in the country.
And domestic capital explained that the contractors in the private sector have the capital and their companies are not by a large often stay stop working and complemented shall be a burden on the state, explaining that the dues and the funds have been frozen in this project or another and thus be an episode of the economy in the country has stopped ,
while the public sector companies are operating self - financing system and its cadres working When stopped investment projects in these companies will cause the payment of salaries to its employees.
and the lack of foreign investment projects to work in Iraq before entering (Daash) in 2014 said al - Hassani , the head of a coward money where some foreign contractors are believed to be Iraq 's investment environment repellent to invest and that investment in Iraq 's modern era began after 2003 ,
and with the presence of investment special laws which is good , but they need to be legal and administrative environment that works in coordination between the competent authorities and the investor and the relevant departments, and confirms al - Hassani said investment good beginnings in Baghdad and some provinces as mayor Maysan began.
He explained that the reasons for the reluctance of projects many of them administrative routine internal and external agendas do not want to be in Iraq , investment projects, noting the need to give investment great interest in being a part of the market economy, and that the most important benefits of investing money that foreign it binds Iraq 's economy outside.
rcookie says():He Hassani hopes to provide the relevant authorities the possible facilities in the future, stressing the ministry to grant all safe investment territory to the investment Authority, pointing out that the ministry is working in accordance with the municipal law, including the leasing law , which in itself means investing periods certain though it is 20-25 years old.
municipalities and investment
and detect the presence of investment with the private sector and the law in 2016 by certain percentages we have a part of the assets , which is occupied and investor in the project to build and we have previous experience in Mosul , where they were investing with a private sector company to build a city Games in the city .
and after the cessation of investment projects large Fajsartna on the economic side and private projects the majority of projects guestrooms have stopped (164) investment projects as well as stop its infrastructure projects in addition to stop Almjsrat in several cities and all these vital projects stopped and it has a negative impact on those cities .
he stressed that the majority of the investment projects will return to continue their work in the event of improved economic and financial situation in the country, especially since the ministerial sector has a priority in the work because the repercussions will be returned on the citizen directly, the agent explained that the decision No. 45 had addressed the problem of stalled projects due to the financial crisis,
which Options included a compilation of the project , including, but conditions or by mutual consent with the contractor or the contractor comes to funding was a bank to finance the work according to certain benefits and most of the projects that have undergone stopped resolution 146.
Agent He concluded by referring to the project of residential land serviced intended for distribution among the families of the martyrs and displaced completion of infrastructure, roads and power grids, sewage and taken away from them the value of services only
confirmed the completion of the water services and sewer complex Basmajh residential projects increased by more than 80 percent of them.
rcookie says():THE HEADLINE IS MUNICIPALITIES: IRAQ NEEDS INTERNATIONAL INVESTMENT.....WOW!!...OK...ON TO NEXT.
rcookie says():HERE IS THE LAST THEN.....
rcookie says():Economic decision requires the involvement of the private sector
5/16/2016 0:00 BAGHDAD - Hussein al-Tamimi Tgb Economists and money sees the stage and experience experienced by economically Iraq since the (2003-2016) need to be analytical and pause and evaluation dedicated to building the national economy,
according to a look a new strategy for the transition to a market economy, according to the program prepared by the new government and approved by the Iraqi Council of Representatives included six themes notably economic hub.
A member of the World Union of Arab Bankers Naseer Alnasiri: The government program stressed the need to implement phase mission towards building a strategy for the development of the economy and to support and develop the private sector to take its role in contributing to the new construction of the economy and diversify its resources for the budget without relying largely on the oil.
He said in an interview with «morning »that the study of the economic reality that Iraq is going through now, according to the method of economic reform and strategic development of the private sector launched by the government in February 2015 needs to stand logical, scientific and economic on the most prominent themes that requires finding solutions and treatments in the first phase until 2017 and the second phase of the (2018 analysis --2 022) and the third phase of the strategy until 2030 ,
which will take over the private sector , where the leadership of the market, in order to build a proper introductions to move to the mechanisms of the market economy prompt. benchmarks He said this requires the government to own all banking and industrial, agricultural and service fields to participate and cooperate in the implementation of strategic development trends and sector that achieve progress and intermediate goals and long referred to in the above.