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Millionday Roundtable 10/21/13
[millionday] The federal financial control Bureau announced Sunday, his participation in the Conference "representation" to be held in China to develop oversight, considering the opportunity to exchange experiences and views and discuss important technical topics.
And car press release Diwan, received "alsumaria news" .. The "Chief Abdel Basset Turki headed a delegation to participate in INTOSAI in China for the period from 19 to 27 October.
[millionday] The Congress is the highest authority of INTOSAI and is held every three years ", adding that the Conference" will be an opportunity for all members of the Organization to exchange experiences and views and discuss important technical topics, as well as to make proposals and take decisions for the improvement and development of financial control.
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"The representatives of the United Nations, the World Bank and other international organizations will participate in the Conference."
[millionday] He noted that "several meetings for committees of INTOSAI held on the sidelines of the Conference, including committees, institutional capacity building, and environmental auditing, to discuss the periodic reports and follow-up activities to the benefit of supervisory work, and would Bureau in some of them."
The international organization of Supreme Audit "INTOSAI, Central Organization for external public financial control, of 50 years a framework and structure for the exchange of information and experiences in order to improve oversight of public finance at international level
[millionday] smile the 19th through the day that maliki leaves for the US of A hmmmmm
[millionday] this conference is all about money whoop whoooop so i will brb more on it
[millionday] The on-site registration of XXI INCOSAI 2013 has kicked off in the China National Convention Center (CNCC), Beijing, China on Oct. 17th.
According to the on-line registration beforehand, 686 delegates and accompanying persons from 160 Supreme Audit Institutions (SAIs), 3 Associate Members and 22 Observers* will attending the 5-day Congress of INTOSAI(International Organization for Supreme Audit Institutions), making it the largest INCOSAI in history.
The XXI INCOSAI is hosted by National Audit Office of the People’s Republic of China (CNAO) from 22 to 26 October 2013
[millionday] A Beijing Declaration themed “Promotion of Good Governance by Supreme Audit Institutions”is expected to release as theonly official achievement of the congress, and the two technical themes to be discussed during the congress are: --National Audit and National Governance; --The Role of Supreme Audit Institutions on Safeguarding Long-Term Sustainability of Finance Policies.
According to the agenda of the XXI INCOSAI, the 64th and 65th Meeting of INTOSAI Governing Board will be held respectively before and after China takes over Chair of INTOSAI on the opening ceremony
[millionday] Furthermore, as an official program, a festive ceremony in commemoration of the 60th anniversary of INTOSAI will be held.
With the motto of “Mutual Experience Benefits All”, INTOSAI was founded in 1953. It has now developed into the second largest organization in the world, only after the United Nations, with 191 full members and 4 associated members.
Its Congress, which is the supreme body of INTOSAI, is held every third year in a different country. The Governing Board, consisting of 18 member SAIs, is accountable to the membership
[millionday] so iraq will be there and they are supposed to be so obviously this is great news and very encouraging to even think about we certainly like this
[millionday] The House resumes, regular meetings on Tuesday, the 27th meeting of the first legislative season to fourth legislative year.
According to a statement by the information service in the House, the (Agency news) copy: emphasize that Council will resume its meetings on Tuesday, 22-10-2013 meeting 27 of his first legislative for the legislative year. brb with more that is tomorrow
LBnFL] Nothing on agenda about Economic Reform Law...
[Rudie] Could it be because it's already done? They've slipped things past us before. smile
[jimplants] LBnFL they have been known to lie
[Domino] Lbnfl Point! The way it was written if it was done the government and CBI were charged with implementing it immediately & that ain't done yet.
[millionday] right -- Member of the Finance Committee, MP//Secretary Hadi, said the Central Bank sought to create a balanced ratio of gold reserve currency, depends on monetary policy. Hadi - gold in case of ascent and descent and is linked to global prices, indicating that the Central Bank purchases large quantities of gold to balance the rising up of a currency depends on the policy of the Central Bank.
[millionday] note -- this is what cbi is doing -- smile
[millionday] He added: this step to protect the Iraqi Treasury from damage and keeps the balance of gold and hard currency, Central Bank reserve hike will strengthen economy and strengthened the balance of inventories.
He said Bank Governor Abdul Basit Abdul Samad high bank reserves of hard currency leads to low gold and to purchase up to maintain a balanced ratio of gold.
[millionday] this balance is to implement the policy of cbi -- monetary
[Godsalli/Jim] Million I read where election law is off the table tomorrow because they can't agree
[Rudie] millionday was you "right" comment above in ref to my comment or Domino's ? smile
[millionday] Rudie Domino LBnFL all of the above the financial act
millionday] smile brb with more
[jimplants] so you just said the financial act is done?
[Rudie] So you're saying it could be done which is why it's not on the agenda and as far as Domino's comment about immediate implementation ....it's in the process?? sorry to be so dense.
millionday] they said on the 13th that the economic reform law which is all inclusive was done -- this was not an article it actually is a governmental announcement
[millionday] so now we need it launched in all forms
[jimplants] thanks that what i thought just wanted to be sure
[Rudie] K got it!!! thanks smile big one!!!
[millionday] this is how important it is for this to be done right now and think about when you read this -- the china meeting and the US of A
[millionday] Economic Media said in a press statement received PUKmedia, a copy of it, the need for monetary policy in Iraq and in cooperation with the Iraqi government on the transfer of Iraq from the dollar zone, which is exposed to the risk of real economic not experienced since the Great Depression in the twenties of the last century,
which would require a study to find alternatives to the dollar in the reserves of Iraq’s foreign currency basket includes Asian currencies more stable, such as the Chinese yuan in addition to the euro and the pound sterling and the Japanese yen
and other currencies are stabilizing higher than the dollar in addition to promoting the transformation of the phenomenon of dollarization in the Iraqi market to a basket of currencies this through drawers partial start these currencies in the currency auction and encourage the Iraqi market traded through payment in these currencies, especially for imports coming from countries that are trading those currencies.
Center, a member of the Finance Committee announced parliamentary Najiba Najib said the current Iraqi currency with limited categories does not correspond with the budget for Iraq and not be encouraging for investors so Aztron to trading foreign currency, “the dollar.”
[millionday] of course we are looking at some huge moves and i know someone that is not informed but likes to comment about me says i dont know what i am talking about when i say --- we are close -- but -- we would have to be blind to not know by all of the official documents -- we are close -- does that mean a "hope" of today -- that means at anytime they can and we are waiting for them to do just that ---
[millionday] or that person would not be sitting on their bottom --- searching everywhere for it
LBnFL] Many of these articles seem to be saying that they are looking for other "reserve currencies" to replace the dollar in their reserves. Like they are planning to totally dump the dollar as a reserve currency.
[kevin311312] anyone see this,,,Alawi visits Washington, Biden invites Barzani, Nijaifi to visit USA Monday, 21 October 2013
[dlherm] Millionday. Do you think this would be also connected to the currency exchange market for the isx?
[millionday] I normally dont comment to rude people and certainly not this one that i had to explain 8th grade politics to but --- i just feeel like saying -- yes we are close and i am not alone -- except the fact that i dont call it but i will tell you -- we are close with all of the economic meetings and with where they are in the country and of course with their huge annnouncement of entering a free market economy
[millionday] so if i sound rude -- pardon me
Rudie] smile go girl!!
[kevin311312] sorry got excited
[jimplants] sometimes you have to call a turd a turd
[dlherm] Millionday you are not rude!!!
[millionday] smile -- i know the person that was talking about me was but i love them still and only wish the best for them -- we can all get stressed out and point the finger but please lets try to be the children we are to be
[dlherm] Well it takes all kinds, right?
[millionday] i will brb with more news
[Dovi] jimplants jimplants jimplants
[Horizon0000] millionday honesty is always best and you just being honest
[millionday] yes all kinds -- but oh no -- all these kinds will have money and i sure hope that it is not to learn lessons with that are painful -- try to make sure and do the right thing -- please dont learn things that you should know already -- smile muuuaaaahhh!! brb with more
millionday] hmmmm --- A source in the Iraqi List coalition of Iraqi President Iyad Allawi will visit Washington, DC in response to an official invitation presented to him, to discuss the situation in Iraq and the region.
The source said in a press statement that "Allawi will visit Washington in response to an official invitation and sent him from the U.S. Vice President Joe Biden to discuss the situation in Iraq and the region."
This was Vice President Joe Biden, the U.S. may face similar calls a few days ago Prime Minister Nuri al-Maliki and Parliament Speaker Osama al.
[millionday] that is very interesting smile so all the people are leaving and i will be back tonight
[jimplants] this has been a great day to come home early.!!
[Flygirl02] MD the articles you bring are so good and encouraging, but then I read other articles tht contradict them... It gets really confusing to know where we are. Like the election law is postponed again because they cant agree on anything.
[kshaw100] millionday Wow! Great news on all fronts today!!! Very cool : )
[Flygirl02] Have you heard that
[Rudie] Flygirl02 I can't answer for millionday, but all news sources are not reputable and I believe I've heard millionday say she doesn't believe that the election law has to be done before rv but she thinks it possibly will be. Is that right Millionday?
[millionday] yes -- they are trying to get it all done and it looks pretty good -- some people believe that it needs done so i have been bringing news about it for us that do but i dont think it would hold up the economics of the country
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