Millionday News 1/20/15 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: NOTE -- THEY NEED THE RESTRICTIONS THAT ARE IN BANKING DUE TO THE LAWS AND THE REFORMS NOT ALL ACTIVATED TO BE RELEASED –
SO IT APPEARS THEY ARE EXPECTING TO BE PREPARED FOR INTERNATIONAL INVESTMENT AND A MARKET ECONOMY -- DUE TO THE REFERENCE OF INVESTMENT IN THE FINANCIAL SECTOR
Millionday: NOTE -- THIS WOULD BE THE BANKING REFORM
Millionday: WHOOPOW -- BANKING REFORM IS IN THE GOV PROGRAMS AS WELL
Millionday: He suggested during his foundations and strategies and promising to build introductions and features of the transition from banking to the developmental role through the process all the mistakes and lapses in economic construction over the next four-year period with identifying paths of success and achieving goals, according to the runway in the government program,
so it was the second Iraqi banking conference during November of last year at the invitation of the Association of private banks in Iraq initiative in a timely manner and are moving in the right direction.
Millionday: NOTE -- THEY ARE MOVING IN THE RIGHT DIRECTION IS TALKING ABOUT THE BANKING CONFERENCE AND ALL THEY WERE TOLD TO DO –
WE READ ALL ABOUT THAT AND THEY ARE SAYING THEY HAVE COME TO A PHASE TO DEVELOP THROUGH THE REFORMS -- NICE
Millionday: He said that the advancement of the banking sector and make it take a pivotal role in supporting the work investment in all productive and service sectors now requires the Council of Ministers and the House of Representatives of the Iraqi Central Bank and the Association of Banks create operational mechanisms for the reform and development of the banking sector, according to proposing containing reconsider off with the Board of the Central Bank of Iraq administration in terms of
Millionday: functions and membership to include representatives from the Iraqi Central Bank adviser to Prime Minister Affairs economic and government banks and the Association of private banks in Iraq advisers and experts bankers at the rate of (2) of the public sector and (2) of the private sector
to be one of the most prominent office draw coordination between fiscal and monetary policies paths and examine the challenges faced by the banking sector and to take the necessary decisions to address the procedures executive and clear.
Millionday: NOTE -- THIS WOULD SEEM TO BE THE GROUP WE WERE DISCUSSING THEY ARE FORMING TO MOVE FORWARD WITH THE ECONOMIC REFORM --
Millionday: NOTE -- OR FOR THE PRIORITIES OF EXCHANGE I SHOULD SAY
Millionday: NOTE -- AGAIN THE IMPORTANCE OF LAWS TO HAVE SUCCESS
Millionday: He Alnasiri the importance of strengthening the role of pre-emptive censorship to curb laundering and smuggling money, and put a proactive plan to address the financial collapse that may suffer from some private sector banks because of the current circumstances until surpassed by the year 2015,
as well as the development of programs for continued cooperation between the government and private banks with unification treatment of the parties and to develop new criteria for the classification and evaluation of banks in the light of the financial indicators and measuring the efficiency of their performance and their role in contributing to economic development,
and the legal environment Alnasiri said to be working fast to reconsider or modify if necessary to issue new laws the Iraqi Central Bank, banks, money laundering and investment and the Iraqi market for securities and Islamic banking and the law of the bank guarantee.
Millionday: NOTE -- SO HE IS CALLING FOR THE LAWS FOR INTERNATIONAL COMPLIANCE AND INSURANCE --THE ISX -- AND ALSO THE LAWS PROTECTING AGAINST FRAUD
Millionday: NOTE -- THIS WOULD BE HUGE IN THE REFORMS AND ADVANCEMENT FOR IRAQ -- THIS WOULD OBVIOUSLY BE THE MOVE NEEDED TO ADVANCE THE BANKING AND ECONOMIC REFORMS
Millionday: He stressed on activating the role of the Finance Committee and the Economic Commission of the Council of Representatives of Iraq through the adoption of the banking sector's problems and find the necessary treatments for the development of the banking reform in coordination and consultation with the leaders and experts of the private sector,
as well as the trend to study and approve the establishment of an investment bank to contribute The government in the capital and supported does not participate in the administration and managed by the private sector with the task of capital and managed by the mentality and the mechanisms of the market economy.
Millionday: SO THIS IS PREPARATION AND A MOVE TO GO TO THE MARKET ECONOMY AND ACTIVATE THE BANKING REFORMS
Millionday: THEY ARE CALLING FOR THE LAWS TO BE PUT IN PLACE AND ALL BANKING TO COMBINE (REFORM)-- SO THIS GOES ALONG WITH THE CALL FOR THE OTHER REFORMS
AND ALSO KNOW THAT THEY ARE ALL IN THE GOV PROGRAMS THEY ARE STATING WILL BE ADDRESSED DIRECTLY AFTER THE BUDGET VOTE
Millionday: -- SHEEEW -- WHOOPOW
Millionday: NOTE -- THIS IS WHAT IRAQ NEEDS AND INVESTORS NEED
msidaho: Sure a whole lot about banking and economic reforms and exchanges. Pretty sweet!
Millionday: VERY SWEET
Millionday: SO LETS SEE WHAT THEY SAY ABOUT MORNING MEETING ON BUDGET BRB
Millionday: WE ARE LOADED WITH WHAT THEY ARE DOING AND THEY ARE WORKING ON EVERYTHING ALL AT THE SAME TIME
Millionday: THE BUDGET APPEARS TO MOVE TO THURSDAY HOWEVER THEY ARE MEETING IN MORN -- THIS IS FOR TOMORROW ON MANY MANY LAWS
Millionday: Parliament held this day, extraordinary session to discuss a number of laws on its agenda, while the Finance Committee confirmed that the table does not include the federal budget bill because of the completion of the preparation of its final report, which was scheduled for The day is handed over to the Presidency.
rapporteur of the Finance Committee, Ahmed al-Haj Rashid, said in a statement singled out the "morning" the completion of the vote on the "one-third of the budget within the Finance Committee," noting that an ongoing committee to prepare the law in its final form in order to submit it to the Presidency of the Parliament.
He said Rashid: "The committee did not finish its report on the budget after attributing the cause to the need for more time.
Millionday: NOTE -- THEY ALSO ANNOUNCED IN THE PRESS THEY WERE DONE SO WE SHALL SEE ON THAT --
Millionday: He said the Committee voted to approve the one-third of the budget, and it needs to last time in order to read the rest of them and vote on them.
He noted the deputy identified a number of Protozoa in budget law, particularly the displaced and the crowd and popular allocations Basra, victims and martyrs.
He expressed the decision of the Finance Committee, hoped the completion of the report on Thursday, to be presented to the House of Representatives next Saturday.
He predicted Rashid probability that I share the Finance Committee at today's meeting of the concern prepare the final report of the budget.
Millionday: NOTE -- THE BUDGET WILL BE SOMETIME THIS WEEK AND THEY ARE HANDLING THE LAWS IN PARLIAMENT THEY WERE GOING TO DO WITH IT AS THEY WAIT
Millionday: He said Rashid, the formation of three mini-committees within the Finance Committee to carry out a set of tasks after approving the budget, commissioned the first follow-up of Supreme Audit Reports and second banks and third tax planning.
The day included agenda of the meeting, the first reading of the draft Fifth Amendment to the law of maintenance of irrigation and drainage number (12 ) for the year 1995 and the first reading of the draft secretion of land and orchards within the basic design of the city of Baghdad and municipalities,
and the first reading of the draft law agricultural land rent law and the first reading of the draft law of the Federal Court. "
Millionday: SO AS WE SEE THEY ARE WORKING ON MANY LAWS AND THE BUDGET IS COMING -- THEY ARE WORKING ON IT AND HAVE A THIRD DONE BUT ARE FINISHING UP THE DISPLACED CITIZENS AGREEMENTS
Millionday: AFTER THE BUDGET THEY ARE TO ADDRESS THE GOV PROGRAMS AND ACTIVATE THEM AS WE SAW AS WELL -- THEY HAVE ANNOUNCED THAT THE BUDGET WAS DONE IN THE PRESS BUT WE SHALL SEE
Road_Kill: NOTE -- THE BUDGET WILL BE SOMETIME THIS WEEK AND THEY ARE HANDLING THE LAWS IN PARLIAMENT THEY WERE GOING TO DO WITH IT AS THEY WAIT..........What does this mean?
Millionday: PARLIAMENT IS NOT GETTING THE BUDGET UNTIL SATURDAY IN THIS REPORT AND THEY HAD MANY LAWS THEY ANNOUNCED THEY WOULD BE DOING AFTER BUDGET TODAY WHEN ORIGINALLY IT WAS TO BE VOTED IN ON TUESDAY
SO THEY WENT AHEAD AND WORKED ON THEM AS PLANNED BUT THE BUDGET DID NOT GET TO THEM YET
Millionday: AND TOMORROW THEY WILL ALSO (PARLIAMENT) ON LAWS THEY NEED COMPLETED
Pablo: How many laws do they need to do? The list seems endless.
Millionday: SOME HAVE NO BEARING ON REFORMS
Millionday: WILL SEE YOU TOMORROW AT ROUNDTABLE 1 EST
Millionday: EVERYONE GET ON THE CALL IT IS LIVE
We have to change over to a LIVE Dial-in for the call tonite… 760-569-7676 pin# 398647
Dinar Talk INFO Call – tonite!! w/BGG – Tues 1/20 @ 8:30pm CST