Morning News Comments 02/07/2015 Looking good , feeling good !
Economists renew demands for the implementation of the deletion of zeros during the current year
[tlm724] renewed a number of experts and MPs specialists in financial and economic affairs requiring them to begin proceedings preliminary implementation of the project to delete the three zeroes from the currency this year,
[tlm724] isn't that nice
[tlm724] BondLady *hallelujah* you were right !
[tlm724] because of its great importance to the Iraqi economy and the currency of the local
[tlm724] the parliamentary finance committee member Abdul Qader Mohammed, said the project to delete the three zeroes from the currency is one of the important projects and necessary that need to be implemented
[tlm724] well finance committee member Abdul Qader Mohammed thinks the time is right !
[cstacy] tlm724 wow
[tlm724] I would have to agree with him
[tlm724] He pointed out: that the Finance Committee and the House of Representatives supporting the President of the Central Bank and his work,
[tlm724] stressing that the Finance Committee prepared that provide all the help and advice of the Central Bank in order to ensure the success of the implementation of this project, and strengthen the Iraqi currency's strength and restore its prestige in front of the region's currencies.
[tlm724] strengthen the Iraqi currency's strength and restore its prestige in front of the region's currencies. *hallelujah*
[tlm724] She added that the ground suited the current climate and appropriate to implement the project, my oh my
[cstacy] hope it is now
[tlm724] for the central bank to start Bouktoath preliminary implementation of the project through the promotion and printing currency and to identify and establish a mechanism for how the issuance of the new currency and old pull.
[tlm724] establish a mechanism for how the issuance of the new currency and old pull.
[tlm724] well we sure know how they are pulling the old
[tlm724] to alleviate the large digital accounts burden treasurers, and alleviate the burden of accountants in counting the transfer of numbers
[tlm724] yep we went over that part in yesterdays chat
[tlm724] "but he pointed out that" this is not the time to replace the currency, and that the lack of security and economic stability in the country
[tlm724] hang on a sec I think I have something on that
[tlm724] ah ha found it
[tlm724] that the lack of security and economic stability in the country
[tlm724] now let me show you this from June
Central Bank Governor: Dinar strong despite the security situation 06/22/2014 The governor of the Iraqi Central Bank and the Agency Abdel Basset Turki in a press statement that "the security situation in the country will not greatly affect the Iraqi dinar, attributing the cause to the power of the Iraqi dinar and the precautions that support it.
[tlm724] the Iraqi Central Bank and the Agency Abdel Basset Turki in a press statement that "the security situation in the country will not greatly affect the Iraqi dinar
[tlm724] so they can't use that excuse anymore *slap*
[tlm724] that the project is important and necessary and must be implemented in the country while creating a conducive environment appropriate to the situation and in order to support the local currency and the national economy.
[tlm724] while creating a conducive environment appropriate to the situation
[tlm724] they are, they have prepared the laws to present to Parliament ! This allows Iraq to go forward with total reform , speaking of parliament here is a press release from yesterday :
House of Representatives will reconvene next Tuesday February 6, 2015 The Presidency of the Council of Representatives decided to resume meetings of the Council next Tuesday on 10 / February / 2015 at ten o'clock in the morning, so we call upon all the ladies and gentlemen of Representatives to attend the hearing to contribute to the adoption of laws that concern citizens. Circle Media House of Representatives 06/02/2015
[tlm724] as we showed you in the chat yesterday all the pieces are coming together for Iraq and for us !
[tlm724] I just want to say I may have read that article wrong yesterday about the FC saying don't delete the zero's because according to this article it seems they are supporting the CBI in any way they need, none the less the CBI has the backing of the government now !
[Mikey] noting that the central bank governor said that the project will be implemented over the next four years. Very Happy
[tlm724] Mikey Wink gotta start somewhere, I like here or as BondLady would say " let her rip tater chip " !
Support the dinar
[tlm724] great article, thanks Rocky !
[tlm724] support the dinar exchange rate against the dollar over the insider only in local currency and away from the dollarization of the market because of the negative impact on the economy
[tlm724] only in local currency and away from the dollarization
[tlm724] *kickA* oh we are sooooooooooo close I can feel it coming ! having a phil collins moment lol
[tlm724] is necessary to restore public confidence in the local currency
[tlm724] and how do you do that ? why you give it some value thats how !
[tlm724] stressed the need to restrict the dollar in the only foreign trade
[tlm724] thats right just pay for your imports with the dollar and keep it off the street !
[tlm724] It confirmed that the continuation of dollarization in Iraq harm the reputation of the dinar
[tlm724] yeah knock it off will ya !
[tlm724] indicating the need for attention to this subject by regulatory agencies and educate citizens not to be dragged into what is floating currency.
[tlm724] attention to this subject by regulatory agencies, that would be the CBI
[tlm724] not sure about that float comment but none the less this is just amazing !
[shunshine] truly is.
[tlm724] I am very excited
[shunshine] I love your excitement Ms. Timmy
[tlm724] all these years and now it sure looks like things are wrapping up ! imo of course
[Mikey] mine too
[shunshine] me 3
Comments may be made at the end of Part 2 Thank You