Millionday news 10/10/14 Part 1
Welcome to dinarupdates.com for news time with Millionday!
Millionday: GOOD TO SEE EVERYONE AND WE ARE GOING TO HAVE A GOOD TIME
Millionday: NEWSTIME LOOKS AS IF WE HAVE SOME GOOD NEWS TO LOOK AT WHOOPOW
Millionday: AND TOMORROW IS A HUGE DAY AS WELL SO WE HAVE NEWS ON THAT AS WELL
Millionday: Economic parliamentary: Modify the new salary scale would be after approving the budget and retroactively
Said a member of the parliamentary Economic Committee that the amendment of new salary scale will be after approving the budget and retroactively.
showed Nora Albjara for "all of Iraq," that the amendment ladder salaries stopped due to a failure to approve the budget for fiscal 2014, noting that most ministries did not act amendment the salaries of employees due to delay of the budget in 2014,''
Millionday: NOTE -- THERE IS A NEW SALARY SCALE THAT WILL BE WHAT THEY WILL GO BY TO PAY BACK PAY AND PRESENT -- SMILE
Millionday: especially the Ministries of Industry and Minerals, Agriculture and Construction and Housing Lama and the ministries of oil and Higher Education did not get in Roatbhma only a slight change.
added in the event of approval of the budget for fiscal 2014 after the Eid holiday, there will be a change in salaries and retroactively from the date of the first January 2014. was the General Secretariat of the Council of Ministers, confirmed on August 15, 2013
Millionday: SO AS WE SEE AFTER THE BUDGET IS APPROVED THE SALRIES WILL BE DISBURSED WITH A CHANGE IN THEIR SCALE
Millionday: BRB WITH MORE
Millionday: Speaker of the House of Representatives Saleem al-Jubouri arrived on Friday, at the head of a parliamentarian delegation to Geneva to participate in the one hundred and thirty first session of the IPU.
A statement by the Office of al-Jubouri said that he would discuss a number of files, including the draft budget for 2015 of the International Parliament and a list of vacancies of the different positions that need to be occupied,
as well as filtering the fourth president of the IPU in addition to other topics related to the session, such as the agenda, which was released recently on parliaments of young people.
Millionday: NOTE -- JUBOURI IS IN GENEVA AT THE ANNUAL PARLIAMENTARY MEETING
Millionday: The statement added that he will discuss the file to stop violence against women, and will invite the members to adopt a resolution on the subject of international law and its relevance to sovereignty and non-interference in the internal affairs of States and human rights.
Millionday: SO IT DOESNT SAY WHO IS WITH HIM BUT HE SEEMS TO BE ACTIVELY TALKING AS IF THEY ARE WITHIN THE INTERNATIONAL ARENA –
ADDRESSING INTERNATIONAL LAW FOR THEIR COUNTRY IS A GREAT SIGN OF THEIR INDEPENDENCE OF COURSE -- AS IS EVERYTHING ELSE WE HAVE SEEN -- SMILE
Millionday: OK BRB WITH MORE
Millionday: NOTE -- READ EVERY WORD OF THIS
Millionday: MP for the National Aalthalv Tawfiq Al-Kaabi, the Iraqi government to speed up the preparation of a new budget fit in with the current situation in Iraq was.
He said al-Kaabi told all of Iraq [where] that "the Council of Ministers held an emergency special session budget to be re-drafted in line with the development of oil exports and general expenses and presented to the House of Representatives in the next meeting scheduled to be held in the next week."
Millionday: NOTE -- WE HAVE REPORTS THAT PARLIAMENT IS PLANNING ON HAVING THE BUDGET VOTED IN BY THE 14TH OF OCTOBER TO MEET SOME TYPE OF DEADLINE/GOAL
Millionday: "The figures are prepared in the first draft of the general budget for 2014 does not fit with the current situation in Iraq does not match the reality of the situation, as the expenditure on military issues and oil exports are quite different from what it was 9 months ago."
It is noteworthy that the Iraqi Council of Representatives may select the day 14 of the month as the date for the holding of its own to read the General Budget Law for the year 2014 to be voted.
Millionday: SO AS WE SEE -- THEY ARE OPENLY TELLING US THAT THE FIGURES ARE NOT ABLE TO BE USED AS IRAQ IS RIGHT NOW AND I SEE THAT THEIR REALITY WILL CHANGE SO THIS IS GREAT GREAT NEWS ----
VOTING IN THE SAME DAY IS GREAT TO SEE AS WELL AND THEY ARE MEETING TOMORROW AS WELL TO DISCUSS I SEE
firefly: It's not as much a question as a statement. Follow the MONEY !
Millionday: I AGREE HUN !!!
graylnjo: What is your assessment on BGG's thoughts of a "short RV" out of financial desperation?
Millionday WHAT WAS HE REFERRING TO AS A SHORT RV? YOU MEAN NOT LONG? FROM NOW ?
Millionday I MISSED HIS STATEMENTS
graylnjo A lesser amount 1.00 possibly
Pablo Bringing it to par with the US in the next few days and then let it float upwards over the long term.
Pablo Just to give the dinar value immediately due to their budget woes.
sudo1114 he did not say par
Gabriel24 The IMF has stated in their last meeting that it should be a gradual rise !
Millionday OH -- I DONT KNOW AND HAVE NOT SEEN A RATE TO HOLD ON TO IN INK YET -- I WOULD TAKE ANYTHING AT THIS POINT
love it 2 in the past the Government expenditure for 2013 totals IQD 138.4 Trillion ($ 118.3 Billion), with an increase of 18% over 2012 and exceeding 70% of GDP. \
The budget has three main headings: Energy, Security / Defense .and Social Services, accounting for 21%, 14%, and 13% respectively of total budget. Do you expect the same for this budget ?
Millionday: THE AMOUNT THAT WE HAVE SEEN FOR OPERATING BUDGET HAS BEEN STATED AS IN THE BILLIONS AND
IN THE PAST WE HAVE SEEN THE TRILLIONS SO I WOULD EXPECT BY THE REPORTS THAT THE FIGURES ARE MUCH DIFFERENT AND ARE PART OF THE REFORMS
Millionday: THE AMOUNT FOR THE PREVIOUS YEARS BUDGET WAS IN THE TRILLIONS AND THIS YEAR (AMENDED) IS WITH A NEW PAY SCALE AND ALSO IN THE BILLIONS (OPERATING)
Millionday: HERE WE GO
Millionday: The World Bank Group and the World Trade Organization (WTO) have agreed to enhance their co-operation in assisting developing and least-developed countries to better utilize trade facilitation programs which can help countries reduce trade costs and more fully engage in the global economy.
Trade facilitation aims to reduce barriers developing countries now face moving goods quickly and cost effectively by increasing port efficiency, improving customs and regulatory environments, and upgrading infrastructure to increase trade exports.
Millionday: NOTE -- THIS IS BEING ADDRESSED WITH GREAT TIMING I MIGHT ADD -- IN WASHINGTON NOW AND THIS WEEK
Millionday: NOTE -- THE WORLD BANK AND THE WTO ARE JOINING TOGETHER TO HELP COUNTRIES IN TRADE TO BE BETTER CONNECTED WITH THE GLOBE
AND ALSO REDUCE ANY BARRIERS THAT DEVELOPING COUNTRIES MAY BE FACING -- WHOOOPOW
Millionday: “Trade is a critical component to ending poverty and boosting shared prosperity and we are pleased to work with our partners at the WTO and other organizations to pursue these goals together,” said World Bank Group President Jim Yong Kim.
Millionday: NOTE -- IRAQ HAS A WORLD BANK LOCATION IN THE COUNTRY
Millionday: “I am delighted to announce this strengthened partnership between the World Bank Group and the WTO. Our coordinated efforts will ensure that developing countries are able to obtain the support they need to tackle the bottlenecks and high costs that impact so heavily on the competitiveness of traders in many developing countries.
Our two organizations, working closely with all our development partners, will support trade facilitation reforms that are so crucial in cutting the costs of trade, alleviating poverty and promoting development,” said WTO Director-General Roberto Azevêdo.
Mr. Azevêdo and Dr. Kim, will discuss these matters and other trade issues at a Flagship Seminar Event at the World Bank to be held today, from 4pm to 5pm.
Millionday: NOTE -- THIS WAS TODAY 4 TO 5PM
Millionday: Today’s announcement confirms that the two organizations will work closely together to ensure that support is available for all who need it under the terms of the Trade Facilitation Agreement.
DG Azevêdo and President Kim have agreed that their organizations will work together to prepare a joint World Bank Group/WTO Study on the role of trade in ending extreme poverty while boosting shared prosperity next year.
Millionday: SO AS WE SEE THEY ARE WORKING HARD TO MOVE ANY TRADE THAT HAS THE POTENTIAL TO HELP THE GLOBAL CONDITION AND THAT IS WHAT THEY ANNOUNCED IS TO BE EXPECTED FROM IRAQ –
A GLOBAL IMPACT DUE TO THEIR TRADE AND MARKET (STOCK MARKET)
love it 2 Millionday: About 60% of Iraqi households are suffering from the lack of at least one of the following: access to improved drinking water source, access to improved sanitation facility, a minimum of 12 hours of .electricity from the public network a day, or food security...does this budget address some of these issues?
Millionday: HUGELY HUGELY --- THEY ARE USING THE DEVELOPMENT AS TWO FOLD
THE RETURN OF THESE NEEDS TO THE PUBLIC AND THE CHANGE IN THE UNEMPLOYMENT NUMBERS TO BE WHERE THEY SHOULD BE –
IT IS ACTUALLY BEING USED FOR PRIVATE SECTOR AS WELL BECAUSE THEY ARE CONTRACTING ALOT OF THE WORK THROUGH THE PRIVATIZATION OF IRAQ
Millionday: A HUGE PORTION OF THE BUDGET IS UTILITIES AS WE USED IN THE PAST TO RETURN FROM ECONOMIC HARDSHIP --
Millionday: OH YES -- IT IS A HUGE AMOUNT OF THE BUDGET AND THE GOVERNMENT PROGRAM
Millionday: BRB WITH MORE
love it 2: Two factors undermine government’s budget contribution to Iraqi development needs on the ground first, funds allocated to the key development sectors are insufficient vis-a-vis Iraq’s development needs
,For example, in 2013 the total investment budget allocated to Education, Health and Environment Culture and Youth, and Water and Sanitation, is only IQD 6.5 Trillion, which is equivalent to 50% of the ,Energy sector investment budget.
Second, low execution of investment budget remains a concern specifically for the aforementioned sectors, having been slightly above 50% in 2011.
Not only are the development sectors receiving too little, they are also suffering from inadequate operationalization of pertinent approved funds. Is this something by getting into the WTO can help with ?
Millionday: IN ONE WAY THE ENTRY TO THE WTO AS AN ACTIVE MEMBER CAN RAISE TRADE AND INCREASE REVENUES NEEDED TO AFFORD DEVELOPMENT AT A GREATER PACE THAN WHAT THEY EXPECT
Millionday: THE THING IS THAT THE BUDGET IS DONE IN % AND THE AMOUNT THEY GAIN IS ALSO IN % --
SO THE SUCCESS OF IRAQ WILL CHANGE WHAT OCCURS WITHIN THE COUNTRY AS WITH ALL COUNTRIES --- MEANING POOR COUNTRY -- RICH COUNTRY
Millionday: SO THEIR ACTIVE MEMBERSHIP INTO THE WTO CAN RAISE WHAT THE PRIVATE SECTOR CAN DO AND GIVE IRAQ AS A WHOLE GREATER OPPORTUNITIES AND ADD TO REVENUES FOR ALL
AND BRING IN MORE TAXES AND FEE REVENUES -- ALONG WITH OPEN TRADE FOR THEM AS THEY WOULD HAVE MORE TO WORK WITH WITH REVENUES GREATER
Millionday: BRB WITH MORE
Millionday: LETS LLOK AT THE GOVERNMENT PROGRAMS THAT I AM SO EXCITED ABOUT SO YOU ALL CAN SEE WHAT THEY ENTAIL
Millionday: Azzawi, the House voted in the eighth month of the current majority on the government program which was introduced by Prime Minister D.haidar Abadi, the text of the proposed program on the main axes of the strategic priorities,
which were distributed among the six main pivots are "secure and stable Iraq upgrading service and living of the citizen to encourage the shift towards the private sector to increase oil and gas production
to improve the financial sustainability of the reform of administrative and financial functioning of the institutions of government regulation of the Federal Relations - local "
Millionday: NOTE -- THIS IS THE PRIVATIZATION OF IRAQ THAT WE SAW VOTED THROUGH AND ACTIVATED
Millionday: And ensure that the second axis private upgrading the level of service and living of the citizen a number of key points in several themes, including "raise the level of health services,
and the development of efficient educational and research institutions, and provide basic services to citizens, and to achieve social security effectively and efficiently, and to provide a healthy environment clean,
and protect the cultural heritage of the shades community, and concern for young women and children, and the development of the economy and ensure consumer protection. "
has met the program resonated and attention and clear to most observers of the developments of the Iraqi scene locally, regionally and globally, and Dar thereon widespread controversy of the importance of his vision of the future and comprehensiveness.
Millionday: NOTE -- THE GOVERNMENT PROGRAMS THAT YOU ARE READING ABOUT WERE VOTED IN ALREADY AND ARE LAW . WE SAW THEM VOTED IN WHEN THE GOVERNMENT WAS VOTED IN
Millionday: says the director of Radio Faculty of Information at the University of Baghdad Zia Mustafa: that the program is a planned and strategic projects near, medium and long term,
a road map adopted by the State Ministry and the state government if it wants to succeed depends criterion of success or failure on the completion rate which is achieved from this program .
.uaadh program includes the most pressing issues needed any people Wi-country for the advancement of Bmekdrath They include all walks of life the political, social, economic, cultural, etc. ..
Millionday: NOTE -- THEY ARE THE REFORMS OF THE COUNTRY
Millionday: and see sociologist Dr. Muhammad Abdul Hassan Nasser: that the government program is not just reflections or wishes and aspirations, wants the decision-maker in the realization or implementation inasmuch as it is an expression of a range of needs, plus the potential to achieve these needs,
in addition, have the potential subjective and objective to get to satisfy those needs in light of the possibilities ... and this requires the presence of research centers in strong and solid diagnosed needs,
and identify materials, and develop plans and programs, and plans. . alternative, and then the evaluation, implementation, and follow-up ... and down to the achievement or success ..
As shown in teaching at the seminary,
Millionday: Mr. Faleh Al-Musawi: that government programs strategic projects dealing with issues vital to the community on the basis of exploring the ambitions and needs
and draw action plans produced and the progressive development and investment potential of the country's human and financial some of them interesting and have substance important work,
but the most part ambitious projects lacks a lot of introductions to achieve them, but some is not possible to achieve in the third world countries and the remaining hopes and aspirations fail to apply
I think that government programs are corrected and practical realism of such programs taught community surrounded troubles and promote the state as part of the possibilities and capabilities of the state are available.
Comments may be made at the end of Part 2 Thank You