Millionday News Time 4/13/16 Part 1 of 2
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MILLIONDAY: WHOOOPOW THE NEWS IS FUN FUN UNTIL YOUR DADDY TAKES THE T-BIRD AWAY
millionday: GREAT -- I WILL BRB WITH THE FIRST AND WHOOOPOW -- I LOVE THIS ONE -- SMILE
millionday: READ EVERY WORD >>>>>>Farah pumice saw economist Adel Abu loaf need for the loans linked to sectoral policy to achieve economic integration and to ensure the success of the mission strategies that the government first began its steps in order to activate the economic reality in Iraq.
millionday: NOTE --- MANY THINGS COME FROM THIS FIRST PART >>> THE START OF THE FIRST STEPS TO BRING IRAQ TO ITS ECONOMIC REALITY ---- LOANS ARE EXPECTED TO ENSURE SUCCESS IN THE STRATEGIES
millionday: The government is seeking through its document reform to promote the economy by granting loans to productive sectors to rotate the wheel of development in the country.
And confirms Abu loaf, said the loans adopted by the central bank have been distributed among the sectors in varying proportions , and the share of the industrial 33 percent, but this figure is low because it will be distributed among the provinces, so it will no doubt be the loan policy is based on sound Asess in this sector, and
millionday: NOTE -- THE LOANS TO REBUILD INDUSTRY WILL BE PART OF THE PROMOTION OF BANK USE
millionday: THIS WE DISCUSSED BEFORE -- WORD OF MOUTH AND WATCHING OTHERS GAIN WILL DRIVE CITIZENS TO GET LOANS AS WELL SO THEY CAN PROSPER ---
millionday: that the We do not rely principle of existing plants without specifying the type of industry that are meant reactivated or re - build their base productivity, calling for the adoption of the principle of import substitution and the allocation of loans to one industry at this stage
millionday: NOTE -- WORKING TOGETHER TO GET MORE "MADE IN IRAQ" IS A GREAT STRATEGY
millionday: REMEMBER THEY ARE WORKING WITH CURRENT AND ALSO THIS IS THE NATION THEY ARE REFERRING TO
millionday: The government classified the industrial and agricultural projects as follows: (a ) small businesses and lend to curb higher than (500) five hundred million dinars, ( b ) medium - sized enterprises and lend money to curb the highest three (3) billion dinars,
(c) large agricultural and industrial projects and lend to Zaden three (3) billion dinars provided it does not exceed the upper limit of twenty (20) billion dinars, d - may be granted loans for agricultural and industrial large economically viable projects , up from the upper limit of twenty (20) billion dinars.
millionday: NOTE -- THESE AMOUNTS SOUND GREAT BUT THIS IS DINAR FORM -- SO OBVIOUSLY THESE AMOUNTS ARE INTERESTING -- SMILE
millionday: Economic expert and found that the food industry can be granted special importance to the economic viability at this stage, as it can form a joint - stock companies for the purpose of launching loans and Sdhajh country to the dairy and juice and nutrients from canned and Ajpas and other products.
millionday: Abu loaf also stressed the importance of relying on the study of imports and regulation, especially imported food after her health, environmental and economic dimension, and to integrate policy loans with integration sectors ,
with each to be that the agricultural sector works to revitalize and provide raw materials such as milk , for example, through cattle farms and support agricultural projects that provide these materials for food industry at this stage, and has therefore integrated sectoral policy with the policy loans.
millionday: SO AS WE SEE --- BRINGING THE IRAQI ECONOMY TO REALITY IS EXPECTED TO USE MANY SECTORS AND MARKETS (SALES)
millionday: PLEASE REALIZE THAT THE BEST STATEMENT I HAVE SHOWN YOU IN ALL OF THIS SO FAR IS ONE FROM THAT PREVIOUS REPORT -- DON'T OVER LOOK IT >>>>>>>>>>>>> the government first began its steps in order to activate the economic reality in Iraq.
millionday: READ EVERY WORD>>>>>>>>>
millionday: Differing views on Government Banking Act , which offer readers a first reading between the corridors of Parliament, where he asked finance experts and specialists on the feasibility of the enactment of government banks in light of the transition to the open market economy
millionday: NOTE --- IN LIGHT OF >>>>>>THE TRANSITION TO THE OPEN MARKET ECONOMY
millionday: NOTE -- THIS IS ALL ABOUT THE BANKING SEMINAR
millionday: in which private banks represent the center of development measures, among a representative of the financial sector the government banks play an active role in community service, providing free products «this came during a seminar of the Association of Iraqi private banks dealt with the proposed government banks Law».
millionday: READ ALL OF THIS SO YOU MAY KNOW THE HUGE IMPORTANCE OF THIS SEMINAR AND THE NEW POSITION
millionday: The seminar which was led by Vice Chairman of the Association management tempted dealt How important legislation government Banking Act at this time go through the restructuring of State - owned banks, particularly the countries of regional and international became the private banking sector runs to move money and manage the process in accordance with the policy of those Albullad that achieve significant economic feasibility for all sectors of production and service.
millionday: NOTE -- THE SEMINAR IS ALL ABOUT MOVING MONEY AND MANAGE THE PROCESS ACCORDING TO BANKING POLICY
millionday: appropriate decision either Faleh applicable president of the parliamentary Finance Committee said that the government banking Act had been read in parliament and awaiting the second reading, adding that he looked forward to hearing the views of experts and specialists in this field to choose the right decision or action amendment required.
millionday: NOTE -- THEY ARE OPEN TO EXPERT OPINIONS FOR SUCCESS AND POLICY COMPLIANCE -- AS WE NOW THEY ARE NOT LACKING IN EXPERTS
millionday: while between Walid Idi Advisor to the Governor of the Central Bank of Iraq: the preparation of the law is part of the restructuring of the banking sector requirements in accordance with the agreement signed between the Iraqi government and the international Monetary Fund and the World Bank,
millionday: NOTE -- THIS IS ALL TO MOVE TO COMPLIANCE AND ACCORDING TO INTERNATIONAL LAW
millionday: NOTE -- READ EVERY WORD OF THESE NEXT PARTS
millionday: VERY IMPORTANT AND A HUGE SHOW OF CHANGE AND WHY
millionday: , pointing out that the ad hoc committees prepared this law and ensure that 24 articles governing the work of State - owned banks, pointing out that the draft law is completed in seven years was sent to the Council of State and returned to the Association of banks for discussion and returned again to reach the Council of Ministers and now in parliament. special began Kazem fistula
millionday: >>>>>>>>>>>>>, Director General of the agricultural bank of addressing the reality of the banking sector since its inception, as it seemed private sector and Arab and foreign banks , and its goal was the financial capacity of the bank building, pointing out that after the nationalization became the bank 's government and the decision of the state and this has led to a decline in the banking business due to lack of interest in the lifting of bank capital, as guaranteed by the Ministry of Finance commitments.
millionday: NOTE -- NATIONALIZATION IS BEING ACHIEVED BY THE LIFTING OF CAPITAL (MONEY)
millionday: VERY INFORMATIVE >>>>>>>>>>>>>>>. fistula pointed out that the employee state bank does not pay much attention to the development of expertise and communication with banking products witnessed by the world because of the rights guaranteed, adding that banks offer free services and maintained its financial documents and entitlements of the beneficiaries.
Economics building , executive director of the Association of Iraqi private banks Ali Tariq said that the discussion of the banking Act government in the presence of the private banking sector, parliament and public banks is a positive thing to clarify visions for all and to clarify the true image of the Iraqi lawmaker.