BLC NEWS DUSCUSSION,22 SEPT The government program, the key to the solution of economic problems [tlm724] the experts are happy with the new gov program for economic reform [tlm724] and they are hard to please [tlm724] as it represents a real response to what they demanded during the years of change since 2003 [tlm724] all these years [tlm724] the key to the solution of the economic problems in the country in the nature and quality of the government program, in part, the economic and here is the first step has emerged [tlm724] governments insistence Abadi to achieve economic reforms, oh you gotta love that ! ~~~ [tlm724] here our government concerning the situation of the Iraqi extraordinary what is required from government agencies executive reading which depth Even facilitates its implementation and its application on the ground, [tlm724] yes it will take extraordinary steps to accomplish and correct the mess [tlm724] eight governments response to the requirements of the transition towards a market economy stems from its belief in the role of the private sector in the development of the so call for the private sector to hold a conference dedicated worksheet clear unified vision for the success factors and identify the characters that have a long history and experience in the work to represent them in government committees potential. [tlm724] call for the private sector to hold a conference dedicated worksheet clear unified vision for the success factors and identify the characters that have a long history and experience in the work to represent them in government committees potential. [tlm724] a unified vision between Abadis GOI, the experts and the private sector, everyone on one page working towards a common goal, revise the economy and become a market economy [tlm724] thats a nice way to start the day never before have we seen such enthusiasm for change ! ~~~ Claims to reconsider the law of economic reform [tlm724] calling at the same time, the current parliament Bdorth new to reconsider the bill Council economic reform [tlm724] to include the ideas that arise by specialists and experts, is a good idea and much needed, especially at this stage that requires the transformation of the economy totalitarian central to a market economy. [tlm724] just what we talked about above [tlm724] Council should include a number of specialists with the participation of the private sector and social partners, unions, and to not be his government merely but shares by the other parties concerned the economy of the country [tlm724] as an investment and the Committee on Economic Affairs in the Council of Ministers and the ministries concerned with economic affairs such as trade, industry, finance and other ministries and institutions [tlm724] that the board of advisers has no law has been working on it dramatically and detailed, noting that it includes the formation of institution called the Council of economic reform aimed at drawing plans and put the means of reform, monitoring and supervising the implementation before getting a force in the implementation of the findings to him [tlm724] the Constitution stipulates that the state is of the reform of the economy, and enable the private sector, and a shift toward a market economy, meaning that there will be economic freedom. [tlm724] all great news, this is exactly what Iraq needs, unity to accomplish the reform according to the constitution [Shredd] Yes, a great article to start off a Monday with! [economic reform] is a good idea and much needed, especially at this stage that requires the transformation of the economy totalitarian central to a market economy. I know weve said it many times before, but a market economy means Iraq will have a Dinar that is representative of its true value. Keep an eye out for more news on this! ~~~ Vote on the security ministers after the Eid holiday [tlm724] after agreement of the Presidency of the Parliament during a meeting with heads of blocs and members of the parliamentary committees on the continuation of the meetings of the Council until the 30th of September the current [tlm724] most likely politicians to postpone the vote on the candidates for the ministries of interior and defense to what After the Eid al-Adha, [tlm724] for the continuation of the meetings of the Council until the 30th of September this on to resume his work in the 14th of October nex [tlm724] so they will work til the 30th then take a holiday [Shredd] Eid al-Adha is from October 4th to the 5th but I see they will resume the 14th for some reason..... ~~~ Determined by the value of the dinar monetary policy [tlm724] Iraq has seen in the last ten years a rise in the production and export of oil at a time which saw the value of the dinar stable without a noticeable rise in the purchasing power of recall [tlm724] that citizens consider that the rapid increases in oil production guaranteed in practice greatly enhanced the Ddinraly over the coming years, but it is surprising that this is not decided yet [tlm724] so the people are like wth ... where is our purchasing power ! why is the dinar value not increasing ? [tlm724] Saleh explained in a statement (morning) that the first phase of monetary policy was to eliminate inflationary expectations, stressing that the nominal exchange rate is less than the real exchange rate due to a surplus in The current account in the balance of payments, [tlm724] stressing that the nominal exchange rate is less than the real exchange rate [tlm724] noting that each process surplus must be offset by an improvement in the exchange rate of foreign currency. [tlm724] the reform program adopted by the Central his agreement with the Paris Club and the International Monetary Fund after 2005 in relation to the stability of the currency and reduce inflation through what is called the installer nominal expectations [tlm724] began monetary policy to raise the value of the dinar gradually through direct intervention in the market where able to raise the exchange rate of the dinar and reduce the value of the dollar from 1450 to 1166 dinars to the dollar [tlm724] so by practicing the standards put forth they were able to show an increase and create stability [tlm724] therefore must put balance between this equation by increasing production to achieve the increase in incomes [tlm724] he is saying that an increase in production must also show an increase in the value of the dinar and we know that the current rate of 1166 does not match the wealth, production nor the GDP of Iraq ! [Shredd] For me, I believe the CBI will continue to raise the value of the dinar gradually through direct intervention until Iraq moves to a market economy. Exactly how they do this is open to all speculation. ~~~ Committee to resolve belongings between the center and the region [tlm724] the formation of a committee between the federal government and the Kurdistan regional government holds the solution to the outstanding problems between them [tlm724] to promote confidence between Baghdad and Erbil and accelerate the solution of outstanding issue ~~~ Association calls for private banks to restructure the banking sector [Shredd] good article there too....when the banks are seen as a safe haven for investor money, growth will come....and fast [tlm724] Shredd yes this quote says it all The banking system in the country has a big role in attracting foreign investment, the fact that the investor looking for a safer environment and with banks that have efficient to ensure his money. [tlm724] like our FDIC and get the loans going too the private banks are stalled [tlm724] needs to be re-structure through the legislation of laws and issue the necessary instructions and decisions ~~~ Citizen and are calling for the adoption of Kurdistan Security Act as part of the government program [tlm724] the parliament to approve the draft Social Security Law supply of the previous legislature, especially that achieves economic and social stability in the country, [tlm724] The Parliament endorsed in the previous session on the law of social protection, not the Social Security Act, usually that the laws relating to class needy and Central are important great for the community. added Najib said that the Social Security Act should include classes that need the government, such as people working in the private sector who demanded Bhmolhm retirement like Bmnzbe the public sector, claim the necessity of the passage of the Social Security Act in the Parliament as soon as possible, and coordination more with the concerned ministries to ensure the right segments of society covered by a duty on the state. [tlm724] *hallelujah* that will be a great achievement for the people ~~~ Mr. Ammar al-Hakim: We sensed from Barzani great cooperation and understanding of the need to support government we emphasized during the meeting and confirm that this stage is reset crises and restore national cohesion and the elimination of political differences between the blocs and parties have seen the great cooperation and understanding by the president of the province and the Kurdish leaders [tlm724] just awesome, full cooperation and support between them all ~~~ Kurdistan Alliance: Prime Minister has agreed to pay the salaries of the staff of the province for two consecutive months [tlm724] Prime Minister Haider al-Abadi to pay the salaries of the staff of the province for two consecutive months. [tlm724] *wolfwhistle* [tlm724] Abadi recent visit to the region was important and the results are good predictors for early signs of understanding among the political parties to resolve all outstanding problems between the parties. *hallelujah* [tlm724] would never happen with Maliki at the helm [tlm724] For his part, President of the Presidium of the Kurdistan region, Fouad Hussein, said that the priorities of the region currently support the federal government headed by Haidar al-Abadi. Hussein added during yesterday hosted by the American Institute of Peace in Washington, Abadi Nnnzer of government fulfill its promise to implement the demands of the Kurds in the region and resolve outstanding issues within a period of three months [90 days] have identified this aspect during the formation of the new ministerial cab [tlm724] the priorities of the region currently support the federal government [tlm724] told you the kurds werent going anywhere [tlm724] Abadi Nnnzer of government fulfill its promise to implement the demands of the Kurds in the region and resolve outstanding issues within a period of three months [90 days] have identified this aspect during the formation of the new ministerial cab [tlm724] *hallelujah* Ill take it , might happen much sooner if they can iron out the details ~~~ Finance: Tomorrow will be sent to the budget to Parliament [tlm724] Revealed the parliamentary finance committee for the Ministry of Finance informed that it would send the federal budget for 2014 to parliament on Tuesday after completing all the required data [tlm724] Tamimi and demanded local governments and ministries delayed sending lists of exchange for the past eight months as soon as possible to enable the Ministry of Finance to do to send the budget to Parliament tomorrow
Posted on: Mon, 22 Sep 2014 16:56:45 +0000
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