Emailed To Dinar Recaps
A quick update. Are we all up to date on the investment law and the significance of this being passed?
Some time ago, the IMF told Iraq that it was concerned about Iraq's financial stability in the long term because of its sole reliance on oil sales, and that it should diversify its market to achieve long term stability.
Oil sales could in theory be enough for them, because 90 percent of Iraq's land mass holds un mined oil, enough to supply western civilisation for several hundred years - and gold in similar amounts.
But - the IMF told them they needed to diversify, and attract foreign investment into Iraq.
Millionday News 10/31/15
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: FIRST I AM GOING TO GIVE YOU A LIST OF SITES I WANT YOU TO EXPLORE LATER
Millionday VERY INTERESTING INFORMATION ON ALL GOV SITES
Millionday NEXT LET ME SHOW YOU SOMETHING ELSE
Millionday: The primary objectives of the Central Bank of Iraq (CBI) is to ensure domestic price stability and foster a stable competitive market based financial system. The CBI shall also promote sustainable growth, employment and prosperity in Iraq
Go to Comments
Aggiedad77: Family here are some things to think over as we work our way towards a new tomorrow......things in Iraq are being generated at a never before seen speed......they are amending laws.....from what Frank is seeing much if not all of this process is complete....
The Parliament received the 2016 budget from the COM this month and although the bozos in the Finance Committee tried to bellyache that it was "late again" this is one of the earliest times Parliament has gotten it in their hands in recent years....
Now let's see how the Finance Committee bozos will try and delay work on this.
I'm thinking that PM Abadi's earlier threat to Parliament hangs over their heads....get this stuff done or I'll come and take it back and do it myself....
Go to Comments
Daz: NO MATTER HOW LONG IT TAKES...YOU CAN BELIEVE THAT IRAQ WILL INSTITUTE NEW FINANCIAL AND MONETARY POLICY REFLECTING THEIR WEALTH AND HISTORICAL ALIGNMENTS IN TRADE WITH THE GLOBAL COMMUNITY
Pygmy577: Tony on the call ...I will tell you the target time is definitely within the next 72 hours or 96 hours, so between here and Monday
Lobster: Was this a clue...hmmmmmm "Today is October the 30th, 2015. One more day left in the month. One more day left until we have to fall back as far as time’s concerned. Sunday morning, two o’clock, don’t forget to move your clocks back or you’ll be at the bank a hour too early"
Luvwolfs: Lobster Ohhhh good catch
Bizqueen555: Does anyone know the link to the Washington Post that had the article The Creature From Jekyll Island
Enorrste Post Emailed to Recaps
Enorrste: I found this short article to be nothing short of amazing. Earlier in the week we had an article in which it was said that the Dawa Party (Maliki's State of Law) was urging Abadi to step down because he was so ineffective.
Now we see that just the opposite is being claimed here. Is this a clue that Maliki is losing his grip on the Dawa Party?
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