Post From BondLady's Corner By Tlm724
Baghdad and Erbil from approaching agreement on oil dispute
Follow the new morning:
U.S. experts to secure the Iraqi energy facilities
For Mohamed Al, head of the company "Ganl Energy", which operates in the Kurdistan region, that "territory and the federal government in Baghdad are close to resolving a long dispute on sharing oil revenues."
[tlm724] that "territory and the federal government in Baghdad are close to resolving a long dispute on sharing oil revenues
Read More Link On Right
[tlm724] "he sees a deal on the horizon *mission*
A proposal to invest part of monetary reserves for the implementation of development projects
[Lightingcslt] not to mention all the gold they have as well in reserves, keep that in mind as well
[tlm724] Turki earlier announced an increase in the size of monetary reserves of hard currency (76) billion dollars to 86 billion dollars. *wolfwhistle*
TY jeepguy ~~ 09.02.2014 (0:01 pm)
About the central bank's decision to sell gold dealers
Sinan Shabibi Mohammad Reza
Under the statement issued by the Central Bank of Iraq and for the purpose of diversification means savings to the public and to provide large quantities of gold from the origins of prudent central bank will CREATION ingots of pure gold and we would like to comment on this subject,
including the following: that the central bank handles gold cash (which is gold held by central banks ) and not the gold trade (which is handled by the market).
NOTE:Follow this link to read that art ^^
Work: the adoption of smart card protection network for beneficiaries 9/2/2014
[tlm724] confirming the adoption of smart card by beneficiaries protection network by 100 percent in Baghdad and the provinces
[tlm724] pointed to the completion of the contract entered into by the Ministry with the World Bank worth eight million dollars to connect the ministry with the provincial network advanced electronic
[tlm724] noting that the project aims to prevent a repeat of the data and names and disclosed within the project of the emergency protection network, as well as the adoption of smart card 100 percent what stocks to prevent cases of abuse and fraud
[tlm724] this will curb a lot of fraud, going all electronic ! awesome news !!!
Intensive meetings to agree on a budget bill 9/2/2014 0:00
MPs: We seek to overcome differences to ensure the interests of the citizens
[Lightingcslt] now this is very interesting >>>>>> the House of Representatives are determined to pass the budget, as happened with the pension law in spite of the dilemmas in them,
expecting that the witness hearing next Tuesday, the first reading of the budget, calling on everyone to come to pass.
said terminal in a statement the "morning": that "the adoption of the pension law is a catalyst for the deputy and the citizen at the same time,
especially since the atmosphere psychological public good and pay the budget law about reading," noting that members of parliament are determined to walk this law, as happened in the retirement law. " we shall see if they are serious about this lets hope
[tlm724] meetings are underway between the committees of the parliament and government representatives to agree on a final version of the budget bill
[tlm724] that "the adoption of the pension law is a catalyst for the deputy and the citizen at the same time, especially since the atmosphere psychological public good and pay the budget law about reading," noting that members of parliament are determined to walk this law, as happened in the retirement law.
[tlm724] I know they get more done out of session so maybe they are closer to an agreement then we know but there are no multiple choices -- matter of passing the budget a matter of urgency
[tlm724] there are deliberations and a lot of talk about solving the differences between the center and the region in order to reach a solution that satisfies all parties
Finance is working to spread awareness of insurance in the country
[tlm724] this is a perfect example of how far behind Iraq is/was , they are just now talking about insurance, it is truly building a country from the sand up but look how far they have come, infrastructure going up everyday! Their world is starting to come back together ! amazing ...
High capital IDB 9/2/2014 BAGHDAD - Mustafa al-Hashemi said the Islamic Development Bank for the receiving excellent credit rating AAA from rating agencies of the three, Moody's and Standard & Poor's and Fitch Ratngs, came thanks to the contribution Iraq increments streak in the bank's capital
[tlm724] came thanks to the contribution Iraq increments streak in the bank's capital
[tlm724] credit rating AAA from rating agencies *hallelujah*
[tlm724] that Iraq represents a great economic power qualifies him to contribute effectively in support of all Arab organizations and institutions and global levels *m16*
[tlm724] that Iraq will play a prominent role in all international organizations through his qualifications and potential material as increase the size of its oil exports financial returns could be directing some of them to provide support and contribute to the development of Arab financial institutions and Islamic financial institutions such as the World Islamic Development
[tlm724] president of the Islamic Development Bank has confirmed in a letter addressed to the Iraqi Central Bank Governor Abdul-Basit Turki said this achievement is due to the strong support he is receiving from Iraq and to contribute to the successive increases in the bank's capital
[tlm724] Iraq made all the difference in them acheiving a AAA credit rating, Iraq is showing it's power, flexing it's financial muscle
[lightingcslt] tlm724 yes which means they have borrowing power
[tlm724] lightingcslt and also it means they are starting their transition into a donor country
[BondLady] remember The Governor of the Central Bank and the Agency Abdel Basset Turki earlier announced an increase in the size of monetary reserves of hard currency (76) billion dollars to 86 billion dollars
Citizens of Kurdistan: the priority today to measure Food and Drug Administration 9/2/2014 Because of the lack of liquidity in the banks
[tlm724] so people still don't have faith in the banks and are not making deposit's, the first step to fixing that is to insure those deposits and giving them purchasing power and putting some dough in their pockets wouldn't hurt either Wink
The development of the capital market expands lending and compounding products
[tlm724] well we just said that about the FDIC Wink but this is saying that Iraq's banks aren't up to par compared to the amount of people they have either
[tlm724] they have work to do and its great to see the World Bank is there helping them among others !
Net and the World Bank mission to discuss activating the partnership to develop a permanent banking system 09-02-2014
[tlm724] ways of activating the strategic partnership permanent access to the banking system overall in the country -- the integration of Iraq in the international financial system
[tlm724] valued Net World Bank's efforts to help Iraq in the management process his money and invest in projects being one of the most important factors of development.
[tlm724] this is all part of the World Bank Strategy for Iraq fiscal years 2013-2016:
" The development challenge for Iraq is to build up its capacity to properly use its own substantial resources for the benefit of current and future generations and to diversify its economy away from over - reliance on oil.
The challenge is also to move from a country - centric development agenda to a more open an d competitive stance, including regional and broad international integration through trade, commerce and new technologies"
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