Plans and strategies
[tlm724] official sources to the presence of more than 16 strategic plan in place concerned with all the problems of the Iraqi society
[tlm724] the importance of applied and implemented regardless of the notes that you have it
[tlm724] in order to achieve sustainable economic development, especially in the support elements that lead to change the composition of income and transform the Iraqi state of rentier to a state with a strong economy
[tlm724] do it baby !
[tlm724] they have the tools, they have the money and now I believe the have the will to make Iraq what it should have been years ago, a free market economy
[tlm724] *hallelujah* come on you can do this Iraq !
An invitation to put an economic vision fit the next phase
[tlm724] noting that there are about 20 million people get their livelihood through the state budget, taking into account the presence of more of 4 million government employees.
[tlm724] Banks Government acquires 90 percent of the deposits accompanied by depriving private banks Mnha.wachar the need to mitigate the dominance of oil on the economy through the activation of other sectors in order to diversify the economy
[tlm724] need to find appropriate solutions to oust the Iraqi economy from the problems experienced by, and address the structural imbalance in the legislation relating to this side
[tlm724] legislation what more can we say !
[tlm724] and I just know we will see much addressed very soon
Required discreet banking sector to achieve development
[tlm724] We are one of the reasons that calls to speed up the achievement of banking reform required to meet these imperatives, and in order to correct the course of the banking business
[tlm724] New phase certainly require image clarity for companies that are looking for a strong partner,
[tlm724] facts you need to review a definite before the planned economic and based on the decisions of economic reform, while bears banks own responsibility to achieve these reforms and how to deal with it and reverse the image required for that. then that owning these banks of the Association of dealing with their affairs makes the possibility of dealing with the obligations of banking reform is easier where this association in the interface and devote themselves to work with actors Alchrieiah and executive in this direction, with the power of association based banks certainly wrap around and provide the necessary accessories to play this role in order to implement its program of work expected.
[tlm724] integrating the private banks is necessary at this NEW Phase Iraq is going into, its the only way it will work. We saw a few weeks ago where the Private Association of Banks has begun a new plan and the CBI amendments to their laws I am sure are high on the list of parliament as well
Calls for the central ministries to work the new system of payments
[tlm724] central ministries to work the new system of payments
[tlm724] in order to activate the introduction of payments of the new Iraqi called on the Central Bank of all ministries and departments not associated with the Ministry to work with this system for the purpose of speed do the work instead of the old mechanisms.
[tlm724] the new Iraqi
[tlm724] said Bank to clarify that this system is one of the advanced systems dependent and electronic means of payment and provide speed, accuracy and security in the transfer of money,
[tlm724] where would allow investors to complete their financial transactions away from the routine, which complicates things and streamlines
[tlm724] it would be easy to transfer money to accounts in banks
[tlm724] through the creation of a safe and sound banking system amid a competitive environment accessible to all.
[tlm724] that the activation of the system of payments at the level of ministries will contribute a lot in the transformation of the economy, totalitarian and access to a market economy
[tlm724] activation of automation systems for card electronic, to keep more cash in bank accounts
[tlm724] This comes at a time of trying and kept the Iraqi Central Bank to reduce the use of cash (CASH) in the country, to meet the challenges of geographical and security issues, including softens difficult to transfer money across the country, and its exposure to risk. "
[tlm724] Iraqi Central Bank to reduce the use of cash *mission*
[tlm724] but it provides the time and effort and sings for regulating instruments as well as the speed of implementation and security aspects.
[tlm724] that commitment now relates to the amounts transferred to the Ministry of The rest of the financial departments can now implement transfers among themselves in the same manner and to compel it to operate while the new system of payments.
[tlm724] this is so good !
[tlm724] this touches on so important points for the CBI and the country !
[tlm724] it what we have been waiting for. I know Shredd has been waiting to see this payment system in action
[tlm724] this not only eliminates much of the cash in the country it also allows for financial transactions between the ministries. Curbing corruptions and brings transparency which is requirement of the IMF for Iraq's monetary reform !
[tlm724] with this system and the market price moving downward we can take it this as a sign of compliance in the very near future !
[tlm724] the 2% threshold for the IMF is within sight
[tlm724] they must reach that price in order to go forward with the currency reform !
[tlm724] 1166 x 2% is around 23 pips
[tlm724] so a little further and they and us as well, will be golden
[tlm724] and as a side note this system will allow for full accountability of tariff funds received which we know is part of the WTO. Despite it all Iraq marches on !
Adoption of the elections in the distribution of the Standing Committees
[tlm724] Parliament will end next week of naming all the standing committees to begin work real in the legislation of laws
[tlm724] especially broken ones *wolfwhistle*
[tlm724] " Presidency of the Council of Representatives decided to hold two meetings per week, one with heads of political blocs to discuss the functions of the Council, and one of the heads of parliamentary committees to follow up on the progress of the legislative process "efforts.
National Alliance agreed on a roadmap Allawi
[tlm724] "a coalition of national demand guarantees for the implementation of the map during the next phase, through reading in the House of Representatives and voted upon to become legally binding."