Millionday news 2/9/14 Post From Dinar Updates By Rudie Part 1
Comments may be made at the end of Part 2 Thank You
[millionday] We seek to overcome differences to ensure the interests of the citizens of Baghdad - Shaima Rashid learned "morning" from parliamentary sources and having meetings are underway between the committees of the parliament and government representatives to agree on a final version of the budget bill for the year 2014.
According to the source, the "meetings aimed at overcoming differences in the budget, such as read the first reading, despite his assertion that the reading will be held Tuesday through in the event of failure to reach a consensus. "
[millionday] note -- constant meetings to make sure the budget vote works on wed
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millionday] In the meantime, said deputies intent to speed up the adoption of the budget law, especially after the adoption of the pension law, which is a catalyst for them.
managed the House of Representatives on Monday to vote All materials Unified Retirement Law and $ 43 material was including materials into the differences between the political blocs.
MP for mass citizen Habib Terminal explained that "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.
[millionday] 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.
"The Problems of the budget much more than the pension law, but there are no multiple choices, and became a matter of passing the budget a matter of urgency and necessary it is possible to break down more than that,
for reasons controversial because the investment projects, noting that 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.
[millionday] budget and urgency is a great way to start the news
[millionday] adding that dialogue is the best mechanism to resolve these differences. did not rule out MP return the budget to the government if they contain a considerable disruption, especially given that the budget contains a lot of notes and need to talk and could exceed it does not come back,
and that there is a minister of the government in the House of Representatives may alleviate this issue. witnessing the general budget bill controversy great on paragraphs after he demanded the Kurdistan region to include dues of oil companies operating in it,
in addition to the the salaries of the Peshmerga, while over the issue of paragraph five dollars in the budget after the inclusion by the government, while demanding the parliamentary Finance to send the final accounts of the budget.
[millionday] excellent --- this is great -- the resolve with kurdistan -- very nice
[millionday] either the Iraqi List MP Hassan Khudair al-Hamdani has pointed out that the approval of the pension law with some of the problems in it is important, stressing that this law is the most successful at the level of the session so far.
said Hamdani in an interview for the "morning": "We look forward to the political blocs to be clear in order to approve the budget bill through resolving all outstanding differences so that we move towards legislation to enable us to complete what can be completed it for the investment plan, financial and we get to see closer views.
[millionday] and added that "all MPs are keen to be the public interest to dominate the interest of the individual and the mass, so we expect that there is good attendance at the meeting next Tuesday in order to read the budget, hinting at the return of budget to the government in the event of modifications.
finds political circles and popular that the law of the financial budget of the Federal of the most important laws to be voted on and approved and passed to relate to the lives of people in the country
[millionday] oh honey we love this
[millionday] and attached to the fate of the people, by and for the sustainability of rotation of the wheel of development in the country. , but the political differences stand this year as was accepted by the barrier in front of passing this law quickly,
as it was passed last year in the absence of the Kurds who did not attend in protest at the presence of some of the points of contention with the Centre on the Kurdistan region's share of the budget process and export oil and accruals companies operating there, either this year has emerged: those differences and reached to what got him last year,
as it has not yet reached an agreement about the views and end the dispute, and more than that an update of the county coalition in Iraq to the Council of Representatives on the background of the events of the ongoing military in Anbar province.
[millionday] note -- even an agreement stating that they have agreed on military agreements -- this is great and the chances of this passing are huge
[millionday] last part >>>>>>>>>>>>>>> ] confirms deputies need to speed up to vote on the budget and passed a service to the public interest, especially since the age of parliament is nearing completion and with near hold the next parliamentary elections,
which are scheduled to take place on the thirtieth of April next, amid assurances to hold them on time and not delay happens constitutional void, and the damage to the state and the people.
[millionday] so this is actually huge to see that the gov is actually working for the people -- very nice report and it appears --- huge for the economic reform so dont hold your breath but cross everything smile
[faith1] Huge ,, we likey HUGE !! that the law of the financial budget of the Federal of the most important laws to be voted on and approved and passed to relate to the lives of people in the country.... again ..
that the law of the financial budget of the Federal of the most important laws to be voted on and approved and passed to relate to the lives of people in the country
[millionday] faith1 i agree !! brb with more this is something that may bring tears to your eyes so this is good
[millionday] very good
[ROBINREDHED] but i dont cry
[millionday] extremely good did i say it is good? ] lol
[millionday] Minister of Finance Agency purity of net debt with the President of the World Bank mission in Iraq, Mary Helen ways of activating the strategic partnership permanent access to the banking system overall in the country.
According to a statement of the ministry received the Agency (news) copy of it: that the Ministry of Finance emphasizes the importance of cooperation with the World International because of its important role in the formulation of strategies and the integration of Iraq in the international financial system.
, and pointed out that: the banking system overall will enable the banks of the activation process of capacity development that will contribute effectively to the process of the reconstruction of Iraq.
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.
[millionday] Elsewhere acclaim Helen cooperation of the Iraqi side with the World Bank mission to draw a financial partnership based on a common interest of both sides - whoooppow
jtank] Jlt --Md -how are they going to go one to one with 30 trillion dinar- borrow?
[millionday] i never said one to one but that is what the internal redenomination should show to minimize confusion and the other adjustments will be done through pricing
[millionday] not the exchange rate imo -- there is no way they would be able to have that as a rate -- they wouldnt be able to support the country on that as with their revenues and economic calculations but that is my opinion and we shall see
[jtank] If they rv at one dinar to one USD how can they raise that , the money in circulation now--
[millionday] the one to one people are talking about is in country -- not exchange rate -- at least i would hope they have not come up with that --- i dont agree i should say
[love it 2] millionday so a "in country rv" ?
[wmawhite] millionday ....I concur with you.
[wmawhite] love it 2 ......a revaluation is external/outside of a country.....in country it is a redenomination
[millionday] love it 2 no -- they are redenominating and removing the three zero currency
[millionday] we are waiting on a new exchange rate that is against the USD and all other currencies
[love it 2] millionday mmmmm....
[millionday] now one thing this makes me think of is BBT BB&T i should say
ROBINREDHED] Question: Maliki has come out in favor of budget passage. How does that benefit him? Thank you.
millionday] politically for the elections -- all citizens want all that are coming from economic changes - the timing is perfect timing to start rolling propaganda
[BGG] Good question - great answer
[millionday] so here we have what i was talking about with BB&T smile
[millionday] The British Standard Chartered Bank plans to open its first branch in Kurdistan region early next month to benefit from the huge government projects financing opportunities for planned infrastructure in the semi-autonomous region.
And the World Bank within a few foreign banks with operations in Iraq which witnessed fast economic growth supported by oil. Standard Chartered opened its main office and the first in Iraq in November in a neighborhood bank in Baghdad.
millionday] The Bank also plans to open another branch in Basra in the South of the country later this year. Gavin informed the Chairman of Standard Chartered Iraq Wishart told Reuters that business environment in Kurdistan, described the improved pace of development in the region as "encouraging". Security concerns prevented the complexities of regulatory and political climate some international companies from working in Iraq. And HSBC tries NBC out of Iraq to sell its stake in Dar es Salaam Investment Bank.
[millionday] i know this may seem strange but the british bank here is BB&T isnt it --so if they are putting banks and also we are and etc etc hmmmm --- makes you wonder of the choices for accounts
[millionday] it makes me think that we may have account options -- just thinking outside the box
[chattels] What are the realistic chances of a budget passing on Tuesday given the historical record in such matters ?
[millionday] i think it is passing on wed and tuesday is the meeting of minister committee and all of everyone is to arrive on tuesday for reading of final project
[millionday] they seem to be pushing for wed -- and with the way they are hustling and with the pension starting jan 01 2014 -- i think a huge opportunity
[chattels] I appreciate optimism, but the history tells us differently, arguably, and i do not intend to be argumentative, but realistic
[millionday] chattels i choose to be very optimistic smile smile
[jimplants] me to
[BGG] chattels - Another great question.*
[chattels] millionday it is a choice and i appreciate that as i said
[crank7] millionday me too!
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