[millionday] here is some ink stating what i am talking about
[millionday] Revealed the National Investment Commission, as the pursuit of the country for the development of investment bank government contributes to the financing of infrastructure projects, large and employ funds private companies,
noting that it is part of a series of "adjustments deliberate" on the investment laws, which will be presented to Parliament in the new session to create more jobs and diversify non-oil economic activities.
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[millionday] The head of the Sami al-Araji, said in an interview, told "Reuters" I have read it (the long-Presse), on the sidelines of the (Second World Congress on the financial and banks in Iraq in 2014), which will be held in the city of Dubai, for a period of (27 to 28 of January current) ,
under the auspices of the Iraqi Central Bank, said that "Iraq is planning to introduce a government investment bank to help finance infrastructure projects, large funds and recruit private sector companies," adding that "the new bank, which will be called Bank of Investment and Development of Iraq.
[BGG] My contribution >>> Dinar Updates NEWS Call - Live Q and A with BGG (and??) Jan 30th @ 8:30pm CST 760-569-7676 pin# 398647
[millionday] great news -- thanks BGG
[millionday] The Chairman of the National Investment Commission, that "the new bank will receive during the period of seven years, and one percent of the allocations of the annual budget of the state," noting that there is "a proposal in this regard will be sent to Parliament for the necessary approvals for the new bank and methods of funding.
[millionday] note -- now see these regulations are clearly for other markets -- so this is for one we know -- tourism
[millionday] He believed al-Araji, that "the existence of an investment bank in the country can contribute to the financing of infrastructure projects, many planned by the state and needs funding to tens of billions of dollars,"
pointing out that "the proposal to develop the bank is part of a series of amendments to deliberate on the investment laws that will be Parliament later.
[millionday] The Chairman of the National Investment Commission, that "the bank expected would help finance small and medium enterprises that the government wants development to create jobs with the diversification of economic activities of non-oil,"
likely possibility "was a proposal to establish a bank during the legislative session new, especially that parliamentary elections will be held in the thirtieth From next April.
[millionday] more grandstanding but some that helps all
[millionday] The al-Araji, that "Iraq needs for this bank with government funding, to push the national economy forward," and added that "the current commercial banks do not have sufficient skills and experience of banking.
The agency said that "banking experts are preparing local and international banking system primitive and inefficient in Iraq has hampered efforts to recruit and investment funds in the country.
[millionday] now if you look at this with eyes that know about those regulations – hmmmm nice
[millionday] >>>>>>>>>>> The governor of the Central Bank and the Agency, Abdul-Basit Turki, had announced (17 December 2013 the past), for organizing the (Second Annual Conference of the financial sector in Iraq), the end of January 2014, in the Emirate of Dubai, in line with the growing strength of the growth of economic development in the country,
noting that the conference aims to display Strutijeth of financial and economic development, and attracting investment and foreign banks for the country, while official confirmed banker Briton, on the importance of the creation of "comprehensive development" of infrastructure finance and banking Iraq to assign the economy "is large and the process of an ambitious development.
[millionday] whooop whooop that is now and not something in the future we like now and are waiting for the future smile weird mood im in today lol brb
[millionday] ok i have something to show you - remember when our men and women were there and some of you ? and then the training that started from nothing they couldnt even march much less work as a team n look what they have done today -- smile
[millionday] training and special forces and you all are still making a difference by what you left after training etc
[millionday] Nineveh confirmed Ninawa Operations Command, on Wednesday, that the special force of the Federal Police managed to grab the entire plant for the manufacture of improvised explosive devices in the industrial area east of Mosul. The command said in a statement received "tomorrow Press",
"The strength of the band, especially the third federal police, according to accurate intelligence was able to grab the entire plant for the manufacture of improvised explosive devices with its contents in the industrial area east of Mosul."
The province of Nineveh and its city of Mosul (about 405 km north of Baghdad) witnessed, on Monday, arresting 17 wanted on charges of "terrorism" and found a cache of weapons and explosives, a security operation in eastern Mosul.
[millionday] whooop whoooop we thank you all and so does many parts of the world look at the lives that saved amen brb with more
[millionday] here is the answer over what is going to happen on thursday so far this is kurdistan block speaking
[millionday] Said a member of the House of Representatives from the Kurdistan Alliance Najeebeh Najib, the block will attend the meeting of the five dedicated to the reading of the draft budget law, adding that the differences on the federal budget between Baghdad and Erbil resolved in a constitutional manner.
said Najib's (IMN), that "the Kurdistan Alliance bloc, not an obstacle to adoption of the budget, and did not ask to postpone the discussion yesterday, but I contravention of the Presidency of the Council of Representatives of the rules of procedure and acknowledged him.
[millionday] added Najib, a member of the Finance Committee that "the rules of procedure of the House of Representatives is required presidency of the Council to refer the bills arriving from the government to the relevant committees for discussion,
But this did not happen yesterday, so we objected to an illegal action for the presidency of the Council. " and decided Presidency of the Council of Representatives on the postponement of the first reading of the draft law on the federal budget to the session Thursday after political objections.
[wheresmyrv?] Always great to see the Kurds attend the budget meeting and agreeing!
[millionday] wheresmyrv? absolutely i agree hun
[millionday] so they are coming and we should see some progress with it brb with more
[millionday] see i dont have bonds after the elections i have this >>>>>>>>>> Iraq plans to issue bonds after the adoption of the budget law Iraqi Central Bank announced that the banking sector did not lead role in the granting of credit so far.
The central bank governor, Abdul-Basit Turki said in an interview with Arab, Monday, "the need to show the private banks softer more in relation to the profits earned from currency translation differences or letters of guarantee."
Turki said "we have not succeeded yet in diversifying the sources of income of the Iraqi economy." The Governor of the Central Bank that "there is an intention for the issuance of sovereign bonds after the adoption of a new budget law," pointing out "that the current law does not allow the Minister of Finance to issue sovereign bonds of the State of Iraq."
[millionday] that is the CBI governor speaking so as we see -- after the budget smile and the regulations by the jan 31st date that is what i have -- in ink smile brb with more
allanlantrip1975] ok can someone tell me what all this means please
[millionday] it means that they are getting everything ready to sell and buy foreign currency and sell bonds by the budget pass -- and the kurds are coming to it on thursday
[millionday] i will be back -- going to do some major research today