aggiedad77 » December 31st, 2014, 11:06 am
Wednesday News Summaries and Commentaries
Well, from an interesting CC to some interesting news over the past few hours....
Abdul-Mahdi, calling for harmony concepts and laws and professional competence in dealing with the financial and banking issues
Oil Minister Mahdi spoke of a banking audit report that was received....stating that banking employees can expect immunity as long as they follow the prescribed expectations for their jobs and do not get ensnared in any illegal activities such as smuggling or money laundering or counterfeiting.....
What is wanted and expected is harmony in conjunction with concepts and laws, professional competence, and justice.....we saw a hasty decision on September 4, 2014 of former CBI governor Shabibi to seven years based on previous charges against him....then we see on December 22, 2014 a reversal of those charges and a clearing of Shabibi's name based on "lack of evidence".....clearly a part of a continued effort in September by Maliki to smear Shabs' name.
Wednesday .. 2015 budget in parliament
The Parliamentary Finance Committee is seeking measures that would bridge the identified budget deficit found within the 2015 budget at this point....further discussion on this is expected today.....they need to deal with approximately 25 trillion dinar deficit....and will be using nationwide savings from employees, identified assets, and SDR's (Special Drawing Rights)....they are also looking at external bonds, and issuance of public debt, and taxation on certain items.
Parliamentary Finance reveal governmental mechanisms to address the budget deficit
Similar article to above but it identifies Eurobonds as the external bond it seems....the rest remains the same.
Private / Government Abadi lead a diplomatic effort to recover the money and contraband drugs registered in the names and fake
PM Abadi leads a strong effort to recover money that was stolen from Iraq, seeking to identify the names of those involved in seizing Iraqi funds in the past and freeing those funds up for Iraq to now use.....because of the many names used by those involved complicates the identification process....they are searching diligently though for proper answers.
The launch of the third generation service in Iraq in the first days of 2015
The launch of Iraq's third generation internet service is scheduled for 1/1/2015...billions have been spent on this system to enhance the speed of the service to its customers.....4G/LTE service is expected within Iraq shortly.
Legal representative: the government is facing difficulties recovering money stolen time-Maliki
Today the government is actively pursuing monies that were seized in the years of Maliki's reign....however the use of false names to hide properties and such makes this search quite difficult....but they have achieved some levels of success already....it would seem to be only a matter of time for them to completely identify what should rightfully be the state of Iraq's.
Disclosure of the opening of the first Daash its own bank in Iraq
So DAASH is attempting to open an "Islamic Bank" within Iraq....oh crazy is that idea....who will they work with....I'm predicting they won't be in business very long....if they manage to get their doors fully opened.
Albjara: 280 trillion for projects not completed
Supposedly 280 trillion dinars have been allocated to 8,500 projects......many of which are phantom projects on paper only....but I am sure that in previous years money has disappeared somewhere in the names of these projects.....that should all be coming to a screeching halt with PM Abadi's new reforms that focus on eradicating corruption at all levels.
Well I have some personal errands to run this morning......will be back later to look at more news.