Accelerate the application of the law of financial management and public debt to achieve development
[tlm724] importance of the application of the Financial Administration Act and the Public Debt in Iraq to achieve economic development through follow up the implementation of projects and the recovery of the debt owed against the borrowers of government banks.
[tlm724] get that money back to the banks
[tlm724] to establish a comprehensive structure for direct tax policy and budgetary policy in line with international best practices
[tlm724] so this law should get things going on the right track, budget, loans, best practices and protection for the people ! Follow through and complete implementation of projects is a huge part of the current problem !
Barzani suggested to neutral technical committee to determine the capabilities of each province on oil production
[tlm724] Barzani proposed the formation of a technical committee neutral from several experts to investigate the capabilities of each province produced oil quantity that can produce, and is binding on them in all of Iraq.
[tlm724] so B wants the experts to determine what each province is capable of producing
[tlm724] and pointed out that "there Mnatqa in Kurdistan produces oil but to no infrastructure for export, such as pipelines capable of linking all of these fields, and therefore the work requires flexibility in this area,
"noting that" the parliamentary committee will discuss this proposal with the federal government, and in case they got approved, it should send an extension of the government on reconsideration of materials as well as non-punitive fix the quantity. "
[tlm724] so they are trying to work out the quanties to be exported
[tlm724] well get to it man !
Central defends the procedures followed in the auction currency
Central Bank Governor Abdul-Basit Turki
[campdav] He added that "the results of the recent sell the currency proved successful procedures, as well as achieving economic results was acceptable stability of the exchange rate of the currency and the currency for banks to provide a smooth and without any crises."
[tlm724] well yeah it was successful, he made a ton of dough
[rsp1] I like seeing that...
[tlm724] rsp1 me too lengthy discussions is a very good thing !
[therealbubbie] acceptable stability of the exchange rate of the currency
[tlm724] therealbubbie which means if the IMF is accepting of the stability Iraq can move into article 8 !
[therealbubbie] I'll drink to that !
[tlm724] therealbubbie Wink
[campdav] therealbubbie Shows you who is in charge
World Bank reports show significant progress in the development of the Iraqi economy
[tlm724] increasing pressure on the Iraqi budget because of the high overhead and delay in approving the budget for the country *slap* chop chop
[campdav] chop chop is right
[tlm724] "the Bank will develop a study to assess the economic situation to be accurate and provide the necessary support needed by Iraq in the implementation of strategic projects
[tlm724] no doubt campy
[tlm724] it was also discussed observations and reports that you see those international institutions on the process economic and financial management in Iraq and the mechanism to deal with the Iraqi budget.
[tlm724] He pointed out that "Iraq will be present at all meetings of the IMF and World Bank Aldollin addition to the meetings to be held by the World Bank at its headquarters in Amman"
Minister of Finance in Washington looking to protect Iraqi funds from creditors
[tlm724] the presence of the Governor of the Central Bank of Iraq in the building of the Iraqi Embassy United States of America in Washington
[tlm724] he was very busy Wink
[tlm724] they are getting ready to get their money back
[tlm724] estimated at 180 billion dollars
[tlm724] well that will help !
[tlm724] that Iraq has the means capable of providing the necessary protection for his money and that the government is seeking to settle the entire debt obligations and agreements signed by the Paris Club
[tlm724] *hallelujah* *hallelujah*
[tlm724] while negotiations are under way to repay the debt to the rest of the eight countries only
[campdav] estimated at 180 billion dollars *wow*
Ministry of Finance began to lend to the government to pay the salaries of staf
[tlm724] The delay in approving the budget for 2014 will affect the overall economic situation in the country, both in terms of higher inflation or increase the price of the dollar against the dinar or stop the wheel of development.
[tlm724] The Ministry of Finance began to lend the government money to walk matters of state until the adoption of the budget,
[tlm724] corrective measures are essential now !
Economy parliamentary calls to invest the money in the frozen state banks
[tlm724] to the need to invest the money frozen in banks government banker Rafidain and Rasheed in development projects to boost the economy and development in the country