Post From Peoples Dinar
Millionday News Time 7-3-16 Part 1 of 2
Millionday HERE WE GO NOTE -- THIS IS THE MEETING TONIGHT
Examine a number of specialists in economic affairs in the public and private sectors, ways of enhancing the national economy through research in fast-action real action toward the multiplicity of economic resources and the dimensions of the national economy for the rentier status that accompanies it for decades.
NOTE -- THEY ARE LOOKING FOR A WAY TO HAVE DISPENSABLE INCOME ON THE STREETS IN THE NATION -- THAT IS SPENT BY CITIZENS -- A RENTIER STATUS
Ibrahim Baghdadi, head of the Iraqi Economic Council accept it during a seminar held by his council most important activities, and stop when you see the Council on the multiplicity of financial resources of the state, which demanded the need for collective action to activate the industrial and agricultural domestic production,
NOTE -- THE ECONOMIC COUNCIL IS LOOKING FOR A WAY TO ACTIVATE PRODUCTION
also focused vision of the Council on the need to activate a true partnership with the private sector and accelerate the process of privatization everyone is afraid to speak it,
NOTE -- OBVIOUSLY SAYING IT IS TIME TO ACTIVATE THE MARKET
Millionday there must be the will of the government and the parliamentary and courageous decisions in order to convert and sell government laboratories and factories losing to the private sector to be profitable institutions contribute in supplying the product nationally and output.
NOTE -- THEY WANT THE OLD GOV FACTORIES SOLD TO THE PRIVATE SECTOR DUE TO REFORMED AND NEW IRAQ -- WITH A MARKET ECONOMY -- PRIVATE SECTOR
Baghdadi said that the other axis of the multiplicity of resources is to reform the tax system, which is one of the most important mechanisms that if Manfzt been repaired, it will contribute effectively to support and stimulate the Iraqi economy to the fact that banks such as the blood that flows in all the veins of the body in addition to the need for interest on loans and advances reduced banking.
BAGHDAD HAS CALLED FOR THE NEW TAXATION TO BE ACTIVATED -- SO THEY ARE STATING THAT ALL THE NATION NEEDS TO FOLLOW THESE ORDERS TO SUPPORT THE COUNTRY
Dr. Adel Abdul-Mahdi, speaking at the seminar, saying: You must make a significant leap in the national labor market, warning of the importance of the private sector, which should be seen as Nada and not a follower of the public sector, also focused on the role of banks in stimulating the economy and its leading role in the development,
indicating the importance educate and encourage the process of saving and re-lending the benefits of simple, even if the state shouldered part of these benefits in order to activate certain sectors and must be given the role of the private sector and deal with him as a partner in the economic construction.
Millionday THEY ARE CALLING FOR THE PRIVATE SECTOR TO BE ABLE TO GROW AND BE INDEPENDENT BUT ALSO A PARTNER IN THE ECONOMIC REFORM OF THE COUNTRY -- ASKING TO GO THROUGH THE BANKS AND THEY LOAN AND BE A PARTNER
The d. On the Keywords central bank governor addressed the role of the Central Bank of Iraq in moving the economy and the creation of economic and financial balance and the theme of government bonds, pointing out that the interest that has been given to the arrears of the government were not fair and it must be the interest, up to 12 percent
NOTE -- GOV OF CBI STATING THAT THE INTEREST THEY ARE COUNTING ON FROM BONDS IS NOT BEING PAID IN WHOLE (I THINK IT IS BOOKED AS SINGLE DIGITS-- ACCOUNTS RECEIVABLES)
but the government has given only 5 percent in the case of bond discount for the purpose of turning them into cash at banks, the bondholder will lose only 5 percent.
Turning to the 92 percent of the budget is from oil revenues, and only 8 percent of the rest of the other local economic resources and sustainable balance requires that there be a balance between revenue and earnings in this case, the only 8 percent is sustainable resources.
NOTE -- NOT SURPRISING BUT SEEMS GOV IS ONLY PAYING 5% AND THIS IS COUNTED ON AND BUDGETED ON
Millionday Economist Alaa Zebra praised the direct discussions of the private sector with government representatives and their role in the creation of effective treatments for most of the problems that bedevil the labor market in Iraq, especially since all the parties secured the role of the private sector in the Iraqi economy, administration and located it the biggest job in the management of all production and service joints.
NOTE -- THIS IS THE SEMINAR WITH THE PRIVATE SECTOR BUSINESS LEADERS/INVESTORS. CBI, AND THE ECONOMIC COUNCIL ETC
He pointed out that the private sector has the keys to economic development and needs to be practical cooperation with government agencies to move in the direction you achieve the economic viability of the country through the idyllic environment provides to work away from the complexity and bureaucracy that drains his efforts.
NOTE --ZEBRA-- IS ASKING THAT THEY DO NOT WASTE THE EFFORTS-- AND MOVE FORWARD TO HAVE A SUSTAINABLE ECONOMY -- THIS IS GOOD -- THIS IS WITH ALL WE HAVE BEEN SEEING A FEW DAYS AGO CALLING FOR THE ACTIVATION
He spoke MP Abdul Karim al-Naqib about the need to support the private sector because of its important role by moving the wheel of production and promotion Bmphasalha in all fields of production and service,
>>>>>especially that Iraq has the potential of economic advancement of the President and of natural resources and human wealth that can be used to achieve the goals of sustainable development.
Millionday END OF REPORT
WOW ALOT OF BIG NAMES THERE
LOL BRB WITH MORE
Millionday HERE WE GO NOW LET ME SAY
READ THIS CAREFULLY AND HEAR THEM SAYING WHAT THEIR PLANS ARE --- SMILE
The joy of pumice with the escalation of the importance of the transition to a market economy and reliance on the private sector as a key factor for the advancement of the economy of nations, the House of Representatives is moving to a vote to amend the Federation of Iraqi Chambers of Commerce law during the current legislative term of its importance in achieving the desired goals that are compatible with government reforms.
NOTE -- THE MOVE TO A MARKET ECONOMY -- SMILE (SUPPLY AND DEMAND) IS CALLING ON VOTE TO BE DONE TO COMPLETE THE LAW OF COMMERCE ON THE SHELF WAITING TO BE APPLIED
NOTE >>>> THIS IS THE PURPOSE OF THIS MOVE >>>>Federation of Chambers of Commerce Act in harmony and economic reforms
Millionday According to the Chairman of the Committee of Economy and Alastosmaralgnapeh Jawad al - Bolani, the new amendments to the election include mechanisms and the abolition of some of the previous instructions that were hampering the work of the Union, as well as the nomination and put instructed him how to support this union and the advancement of the steps that contribute to the development of the private sector in the country.
NOTE -- THEY ARE NOT TALKING ABOUT AT ALL A NEW POLITICAL ELECTION
NOTE -- THIS IS TALKING ABOUT THE COMMITTEE -- IN OTHER WORDS IT LOOKS LIKE IMO THAT EVERYONE IS ON THE BACKS OF EVERYONE TO GET THEIR PART MOVING -- THIS IS CBI WITH ECONOMIC REFORM COMMITTEE
Millionday The parliamentary committee last month held a workshop to discuss the second amendment to the Law of the Federation of Chambers of Commerce No. (43) for the year 1989, it was attended by President of the Federation of Chambers of Commerce Jlahamdana and his accompanying delegation and representatives from the private sector.
NOTE -- THEY ARE TALKING ABOUT THE LAWS THAT GO WITH THE ACTIVE REFORMS IN TRADE AND ECONOMY -- WHOOOPOW --- THEY HAVE TO BE ACTIVATED WITH ALL REFORMS SO THE NEW LAW IS IN PLACE AT THE SAME TIME AS THE REFORMS ARE FOR THE COUNTRY
THIS IS A STEP THAT WILL BE DONE BEHIND THE SCENES AND TO BE MADE LAW -- NONE OF THE LAWS THAT I KNOW OF ARE WAITING FOR READING OR ANYTHING ELSE -- THEY ARE JUST NOT THE ACTIVE LAW RIGHT NOW
The terms of the law more than 1.1 million citizens working in internal and external trade. He said al - Bolani said the law after amendments will be sober and meets the ambitious merchant, as it will serve the citizen who depends entirely on his life on this sector , which secures him clothing and food, services and other life things.
NOTE --- INTERNAL AND EXTERNAL TRADE -- SMILE
Millionday NOTE -- THE LAW WILL BE FOR THE HEALTHY SOCIETY -- IN BUSINESS AND IN A RENTIER ECONOMY ---MARKET ECONOMY -- TRADE INSIDE AND OUTSIDE WITH ALL COUNTRIES NOT UNDER SANCTIONS OR THAT THEY CHOOSE
The work of Chambers of Commerce Federation of the organization and the development of business activity in the scope of its competence and strengthening the role of this activity in the process of economic development.
For his part, economist Rahim Al Shammari called for the simplification of procedures relating to the registration of companies.
NOTE -- THIS IS TO MAKE THE ECONOMIC REFORM AND THE NEW TRADE FOR NEW IRAQ A SUCCESS
He Shammari «morning», the need for the amendment includes this point (simplification of procedures) in order to improve the Iraqi economy for the better , and the development of trade relations and the promotion of the private sector which is one of the most important pillars development at the present time, urging the government to speed up the application of the reform , the special aspect of economic development .
SO THEY ARE CALLING FOR THE ECONOMIC REFORM TO BE ACTIVATED IN A HURRY WHOOPOW
END OF REPORT
Millionday NOW WE WILL LOOK AT WHAT WAS RELEASED TODAY IN THE NEWS
milliondayAT LEAST THERE IS ONE THING -- THEY ARE DOING AND REPORTING THAT THEY ARE DOING A MOVE TO THE GLOBE FOR TRADE AND THE ECONOMIC REFORM -- THAT IS WHAT THEY ARE TALKING ABOUT IN IRAQ – WHOOOPOW
SOUNDS LIKE THAT IS THE BEST THING RUDIE -- DO YOU KNOW THE DATE?
Rudie wait ....wait....I have it here somewhere....let me look.....lol
BluGuyHoldingHisBreath Is "hurry" the same as "soon"? Good to be seen!
Millionday I LIKE EXPEDITE SMILE -- WHOOOPOW