Millionday Saturday Night News 1/24/2015 Welcome to dinarupdates for News time with Millionday! Millionday: THIS IS ROCKING NEWS FOLKS SO GLAD YOU ALL ARE HERE -- I AM GOING TO DO SOMETHING I NEVER DO - I AM GOING TO BRING THE END FIRST READ EVERY WORD BEFORE YOU COMMENT: Millionday: He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application. mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets. Millionday: GLOBAL CURRENCY MARKETS -- THEY ARE GOING TO FOREX - WHOOPOW ROBINREDHED: WOWZER GrannieAnnie: WOW WOW WOW WOW ROBINREDHED: GLOBAL CURRENCY MARKETS Millionday: I TOLD YOU IT WAS GOOD .VIP.sheila3copy: whooooopow Dovi: Glory!!! Wheres POPPY Millionday: WHOOO HOOOO THAT MEANS BACK TO A REALITY RATE FOR THE MARKET BGG: BOOM BOOM GrannieAnnie: WHEN is the next thought that came to my mind Millionday: He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application. mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets. Millionday: MUSIC TO MY EARS Millionday: I AM BRINGING THE WHOLE REPORT NEXT Millionday: Mostafa Hashemi economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraqs possession of the elements of the economic boom in all productive sectors. Millionday: NOTE -- HE IS SAYING THE RATE STAYED THE SAME THROUGH ROUGH TIMES Millionday: In this context, saw economic researcher state fair The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar. Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power. Millionday: NOTE -- THEY SHOULD SAY NO PURCHASING POWER Millionday: She said just told the morning Now is the chance, despite the difficult circumstances, to activate the productive sectors as stated in the government program of encouraging the private sector and entry effectively to the economic development of By relying on its own resources to the private sector and move his money and invested in the development of economic reality. Millionday: NOTE -- IT SAYS NOW IS THE CHANCE Millionday: She noted that the citizens believe that achieved an increase in oil production to ensure a major boost for the dinar in time looking where to direct positive repercussions on their standard of living through the production and export growth, hoping in this matter is resolved through the involvement of the private sector in the development process. It called economic researcher to develop solutions that contribute to upgrading the reality of living of the citizen and the creation of employment opportunities and jobs for graduates and the unemployed through the activation of the private sector because it possesses the freedom to manage his business and his money away from the bureaucracy that makes production distinct exploited by the efforts and energies of young. Millionday: NOTE -- THEY ARE HOPING THAT THE LOW PRICE OF OIL CAN BE OFF SET BY THE ENTRY OF THE PRIVATE SETOR TO THE MARKET Millionday: The academic economist, Dr. Majid Baidhani said earlier in the morning to increase the productivity of the individual worker comes through the activation of the private sector and projects in the productive sectors such as agriculture and industry. He added: It is necessary to achieve financial revenues through the creation of jobs and opportunities work in the private sector and make it equally with government officials privileges that contribute significantly to the revival of the booming economy, having to rely on the oil industry to activate those opportunities. Millionday: NOTE -- ACTIVATING THE GOV OFFICIAL PRIVLEDGES AND PRIVATE SECTOR TO RETURN TO A BOOMING ECONOMY Millionday: He said: that the central bank managed through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this is has led his role regarding the improvement of the exchange rate. He continued: Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support to the private sector and the implementation of the government program, which stressed the importance in advancing the countrys economy forward. Stressing that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition implement currency controls to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years. Millionday: NOTE -- NOW COMES THE PART FOR THE GOV TO ACTIVATE THE GOV PROGRAMS AND SUPPORT THE PRIVATE SECTOR AS WELL TO ADVANCE THEIR ECONOMY Millionday: He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application. mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets. Millionday: It is said that the central bank was able during the previous years of the reduction of the dollar against the dinar from 1450 dinars to the dollar to 1166 Dinara adopted in the bank. Millionday: END OF REPORT ROBIN -- WHOOPOW Road_Kill: When will they start trading on Forex? Did they say? satrib: So this is another economists opinion? Millionday: THEY SAID THAT NOW IS THE TIME TO TAKE THE CHANCE WITH IT -- THIS IS HASHEMI STATING THE REPORT FROM ALL ECONOMISTS AND EXPERTS Millionday: NOT A DATE IN IT WHOOPOW Millionday: HUGE ANNOUNCEMENT SHOWING THEIR INTENTIONS -- THIS GOES WITH THE ANNOUNCEMENT THEY MADE TO THE CITIZENS ABOUT BEING READY IMO willie60: does not get better than this Millionday: I AGREE WHOOPOW - VERY POSITIVE Dianne777: dot they have to have rv for a budget? Millionday: NO THEY DONT A CHANGE IN RATE WILL BE DATA ENTRY TO THE BUDGET AND ALL FIGURES Millionday: characterized Forum Sabah Economic high transparency strong real showdown of the difficulties faced by the private sector displayed relaxed and the strength of the message became clear to anyone who wants the best solution to the economic crisis, and now has sounded the hour of actual work to address them. All acknowledged that the difficult circumstances faced by the country in the two storms simultaneous two aggression Daash and the collapse of oil prices requires awareness and work together in order to abort and transit with minimal losses, Millionday: Enough stubbornness and pray things are going in the right track. Almahrat confirms the inability of the oil revenues to cover the requirements of economic development and limited to the face of aggression and its effects and consequences for a long time and peoples livelihood through salaries Social Welfare and retired employees, while strengthening expectations this vision even in the event of the return of oil price to normal and employed to restore what was destroyed by the aggression in the liberated cities and compensation of affected and displaced people and Almhjerin.azn was a need to rely on private money to banks and civil money foreign companies wishing to invest with work to create to support the next budget financial resources .... Millionday: NOTE -- THEY ARE HOPING THAT THE RETURN OF THE PRIVATE SECTOR WILL BE STRONG AND MAKE UP FOR THE DIFFICULT SITUATION Millionday: by stimulating the production and service sectors for any led by the private sector to make way for the government to organize things the country and manage the economic crisis and to confront aggression and Dhrh.hecma then stood morning and through economic Mmeltqaha when activating the private sector and work to create a true partnership requirements and guaranteed success between the private and public sectors, Millionday: hopeful absorb the lesson through what put the challenges and requirements to cope with over the government institutions to facilitate the task of Aariqlh performance motives of expediency by some who do not understands what is going on in the arena of the size of the crisis and the future of Albuld.trohat bold private sector and put the ball in the net of the legislative and executive bodies and pending legislation and more importantly implemented in haste to see his ability (the private sector) to meet the challenges of the economic crisis and the employment of his money to enhance the infrastructure of the economy and of the sectors production and service through leadership has to contribute to the provision of financial resources outside the oil revenues to support development programs through Budgets real is based on default rates Millionday: NOTE -- HE IS SAYING THAT THE BALL IS IN THE GOV COURT TO ACTIVATE ALL PROGRAMS AND ENHANCE INFRASTRUCTURE AND SUPPORT DEVELOPMENT Millionday: Budgets real is based on default rates, which may be disappointed not Tsab.asubht clear picture accompanied by promises of representatives of the parliament and the government to implement it to the fullest with The need to meet the private sector its promises to compensate the losses of the collapse of oil prices through rational economic events management through use and attract companies investing your money to go on the march. Millionday: SO HE IS SAYING THAT THE BUDGET IS IN THE IMPOSED RATE OR DEFAULT AND THAT IS GOING TO BE A DISAPPOINTMENT TO THE CITIZENS AFTER ALL THE PROMISES THAT HAVE BEEN MADE -- LOVE IT satrib: I know your area is economics BUT do you think Daash must be dealt with first? Millionday: THEY ARE SAYING THAT THE BEST WAY TO DEAL WITH THEM IS TO ACTIVATE ALL PROGRAMS AND MOVE FORWARD WITH THE BUDGET AND THE MARKET ETC – TO ALLOW THEM TO NOT GAIN IN THIS CONDITION THEY ARE STATING IS NOT THE BEST IDEA ---- DAASH IS BEING REMOVED BY MANY COUNTRIES THAT ARE IN NEED OF THE NEW MARKET IMPACT AND SO IS IRAQ IN NEED OF THE MOVING AND GROWING MARKET Bentley: If the citizens are going to be disappointed, why are we excited? Millionday: THEY MEAN BY THE SHOWING OF THE BUDGET WITH ALL THE PROMISES THAT HAVE BEEN MADE FOR ADVANCEMENT IT IS TO BE OPENED IN DAYS Millionday: THE THING IS THAT THEY ARE ANNOUNCING THAT THEY ARE RAISING THE RATE HIGH AND GOING TO GLOBAL MARKET -- THAT IS NOT NORMALLY ANNOUNCED A LONG TIME BEFORE THE MARKET ENTRY GrannieAnnie: I am extremely excited but would be more so if that post came from the CBI GrannieAnnie: The first article that is Millionday: THE REASON I AM EXCITED IS TWO FOLD -- ONE THEY ARE OPENLY TELLING THEY ARE GOING TO THE GLOBAL MARKET AND TWO – THEY ANNOUNCED THAT THE GOV IS READY AND THAT CAME FROM THE GOV --- CBI HAS STATED A LONG TIME AGO THEY ARE READY IN OPEN ANNOUNCEMENT Papatom : you have to realize how important economists are held there Millionday: LIKE THE PROFESSORS IN IRAQ CULTURE AND RELIGIOUS AUTHORITY IN THEIR CULTURE -- THEY ARE THE EXPERTS -- UNLIKE HERE THAT HOLDS WEIGHT Millionday: Revealed the appearance of Mohammed Saleh adviser to Prime Minister Haider al-Abadi Economic Affairs proximity of key economic laws contribute to the recovery of the Iraqi market and investment opportunities. Millionday: NOTE -- SMILE -- NOW WE ARE HEARING WHAT FROM SALEH ? Millionday: Said Saleh told all of Iraq [where], a forthcoming law for cities and industrial industry mixed, and this is very important, and there is a law is for private sector investment, encourage and create Association and strong bond between the private and state sector to stimulate the movement of the market and end the separation existing between them. Millionday: WHOOPOW -- NOTE -- IRAQ IS GOING TO RELEASE INVESTMENT LAWS Millionday: He added, there is also a market-oriented economy is the one who activates development and not speculators and Ctkarion, there are politicians heading for the development of the market. And the World Bank forecast in check very slight growth in Iraqs economy by at up to 1% said adviser Abadi said, These projections are based on the quality of imports of the economy because agriculture and industry account for only 5% of GDP in Iraq, and these sectors commodity task It is already weak, and this dilemma and a problem of today. Millionday: NOTE -- THEY ARE HEADED TO DEVELOP THE MARKET -- A MARKET ECONOMY IS WHAT ACTIVATES DEVELOPMENT --- KIND OF LIKE -- IF YOU BUILD IT THEY WILL COME Millionday: And Saleh, said that the solution is the need for the development of commodity sectors and foci of production, and today the state is moving strongly towards the revitalization of agriculture, manufacturing, and began a strong movement in this aspect. The agriculture in Iraq is the private sector by 98% and is not a government, but in contrast, the basic infrastructure for agricultural irrigation, dams and Alambazl and 85% is the relationship of the government list, and agriculture need to protect the local product. Millionday: NOTE -- HE TOO IS STATING IN OPEN THAT THEY ARE HEADED TO A MARKET ECONOMY AND DEVELOPMENT FOR IRAQ Millionday: CLEARLY Millionday: Economic Adviser and pointed out that the supplementary budget for 2015 found implicit in the budget original, ongoing discussion, the fact that there is a delay in the approval of some projects pending improvement in the financial situation and if what has been achieved this improvement launches of these projects as if they were balancing complementary attached within the budget. Millionday: NOTE -- SOME PROJECTS ARE HELD UP PENDING IMPROVEMENT OF THE FINANCIAL SITUATION Millionday: READ EVERY WORD >>>The prime minister Haider al-Abadi said yesterday at the World Economic Forum - Davos We turn now from the system controlled by the government to a mixed economy more active, as we privatize key sectors, and explore partnerships between the public and private sectors, and entering into joint ventures with international companies, he said As prime minister, followed a strategy of interdependence, rather than the dominance of state government control over the economy and the dominance of the Baghdad government to local governments, public and private sectors will enter with the central government and provincial governments in partnership. Millionday: NOTE -- IN ORDER TO DO THAT THEY HAVE TO HAVE INVESTMENT LAWS IN PLACE AND ALSO A MARKET ECONOMY FOR INVESTMENT -- REALITY ECONOMY Papatom: the attitude of these reports is different...more conclusive....as if in finished....a real hint as to what has happened Millionday: THEY SEEM TO HAVE A COMMON THREAD IMO SMILE Papatom: BIG TOOTHY smile slh5282: is there anything in the iraq constitution that says they have to have budget complete by a certain time? Millionday: THEY HAVE 15 DAYS TO HAVE IT SIGNED BY PRES AFTER PASSING AND I HAVE TO LOOK AT THE REST FOR THE VOTE Pablo: I just got here, what happened to the budget today? Millionday: I HAVE NOT BROUGHT THE BUDGET NEWS BUT YOU NEED TO READ THE NEWS IT IS THE BEST WE HAVE EVER HAD IMO Millionday: Participants stressed the importance of banks and investors to move the production wheel Baghdad Haider virgins Isra Samurai form Economic Forum morning, which was held yesterday, with wide participation, represented various economic sectors, public and private, a springboard towards the advancement of various productive non-oil sectors, especially investment banking, as well as confirmation of the participants on the importance of amending the legislation of some of the laws able to facilitate the work of the private sector. Millionday: NOTE -- THIS MEANS TODAY Millionday: NOTE -- THERE WAS A HUGE ECONOMIC FORUM IN IRAQ TODAY THAT WAS TO ACTIVATE THE PRIVATE SECTOR AND THE LAWS PERTAINING Millionday: READ EVERY WORD >>> accompanied invitations advocated by the participants in the morning meeting place in order to revive the production facilities in the country, other claims emphasized the activation of the local product protection law, and reduce imports in order to provide an opportunity to revive the national industry, thus enhancing the states resources. And ensure the event, which saw the formal presence high-level, as well as the wide participation of the public and private sectors, to discuss three working papers, related to the first banking sector delivered bank manager industrial Kazem Mohammed fistula, while loaded second paper topics in privatization House of Representatives member, Dr. Mehdi al-Hafez title and the last card was the head of the Investment Commission of Baghdad, Shaker Zamili and carried the investment process address in Baghdad, achievements and challenges. Millionday: NOTE -- THEY ARE REDUCING IMPORTS TO REVIVE THE NATIONAL INDUSTRY-- AND ENSURE THE EVENT-- THEY HAD ALL NEEDED PARTICIPANTS AND PLAN TO ACTIVATE THE OR DID THE LAW OF PRODUCT PROTECTION Millionday: SMILE >> adviser to Prime Minister, Walid al-Hilli, said during a speech at the forum, said that Iraq Aausband financial crisis, but facing financial hardship, requiring economic reform, especially after the drop in oil prices, which impact directly in the case of security and economic stability in the countries in general the world, and Iraq in particular. He suggested ornaments, the need to support the economy to a free market, and the formation of a mixed economy, for the investment process support and revitalization, stressing the importance of the role of banks and support soft loans low interest rates and the exploitation of the frozen funds in banks in the revitalization of the market, Millionday: NOTE -- THEY ARE MOVING TO A MARKET ECONOMY AND THIS WILL INCLUDE THEIR MARKET (ISX) Papatom: and the exploitation of the frozen funds Millionday: through new projects or soft loans given to the beneficiaries of the benefits of medium. He pointed government adviser, the need to go to the development of the agricultural sector to ensure food security, and meet the needs of farmers, along with restructuring affiliated to the Ministry of Industry and Minerals companies, as well as the establishment of an oil and petrochemical plants to invest oil and gas wealth properly through the application of oil and gas law. Millionday: NOTE -- NOTICE APPLICATION OF ALL OF THESE LAWS INCUDING THE HCL Millionday: ALL AT THE SAME TIME Millionday: He ornaments proposals certainly the importance of supporting the electricity sector, through the creation of dams to support energy and industrial cities for the advancement of the national production, in order to reduce the import process of goods from abroad and support the local product, stressing the importance of investment in the telecommunications sector through the frequency spectrum, Millionday: NOTE -- THIS IS THE INFRASTRUCTURE PROJECTS Millionday: in addition to the reduction of process currency smuggling. He urged ornaments, on taking into account the restructuring of the tax and fits in with the government trends, as well as address the unemployment crisis in the country and the development of supporting Iraq Stock Exchange and the abolition of unnecessary spending in some ministries, as well as the tourism sector support because it represents a great importance for the country. Millionday: NOTE -- ALSO THE USE OF THE DFI FUNDS Millionday: NOTE -- ALSO CALLING FOR THE SUPPORT NEEDED FOR THE ISX Millionday: NOTE AND AT THE FORUM Millionday: For his part, praised the President of the Economic Section of the French Embassy in Iraq, Philip Ghali, on the sidelines of the forum, the role of the media network and newspaper morning in support of the national economy, stressing that Iraq and France have roots in economic relations through projects carried out by the French side in some provinces of the country . He noted that the Minister of Transport will visit France early next month, in order to hold meetings with officials there to negotiate on several projects in Iraq. He added that the French side is ready to receive the head of the Supreme National Commission for Investment in Iraq, Dr. Sami al-Araji, and a number of investors to negotiate the establishment of major investment projects in Iraq. Millionday: NOTE -- UNDERSTAND THAT CHINA ARRIVED LAST NIGHT AND FRANCE IS STANDING THERE AND EXPECTING VISIT FOR CONTRACTS AS WELL -- Millionday: NOTE -- THIS IS SO MUCH ALL AT THE SAME TIME -- THE REFORMS Millionday: , in turn, drew the Industrial Bank Director Kazem fistula, the need to participate in the establishment of industrial companies, especially after proving the technical and economic merits, stressing performing procedures IPO industrial companies and develop plans and methods of industrial development with the concerned institutions and to provide advice to the industrial sector in the field of competence. Millionday: NOTE -- CALLING FOR THE INDUSTRIAL BANK TO TAKE THEIR PLACE FOR SUPPORT OF DEVELOPMENT Millionday: focused paper, Dr. Mehdi al-Hafez, the importance of transfer ownership of state-owned companies to the public and workers, as well as its emphasis on long-term rental assets owned by the government according to the rules protect the public interest and the national economy, as well as assigning the private sector and government services by contract and the obligation to protect consumers and the principles of national development. Millionday: NOTE -- ALSO THE ACTIVATION OF THE IPO -- APPLE INDUSTRY Papatom: big BIG~~~~~!!! Millionday: HUGE Millionday: and summarized sheet Prime Investment Authority, Baghdad Shaker Zamili, some of the challenges faced by Investment in Baghdad, which was considered a no government departments commitment to making all items Investment Law in Baghdad at the top of these challenges, as well as the lack of a banking system that supports investment projects and facilitate the movement of funds into and out of Iraq. Millionday: SO THEY ARE ALSO SAYING THAT THEY NEED TO MOVE FUNDS IN AND OUT OF IRAQ FOR THIS TO ALL WORK SO THEY ARE FACILITATING THAT Papatom: movement of funds in and out.... InterNATIONAL CURRENCY!!!!!!!! Millionday: IN ORDER TO MOVE FUNDS IN SIDE AND OUT AND FACILITATE THAT -- IT HAS TO BE INTERNATIONALLY RECOGNIZED Millionday: SMILE -- THE BEST NEWSTIME EVER misterq: What is on their agenda for next Tuesday??? Millionday: THEY WERE TO VOTE IN BUDGET -- SO MUCH THEY ARE DOING maine: can they move it up? it sure sounds like it Millionday: THEY CAN AT ANYTIME THEY FIND APPROPRIATE -- Millionday: THEY CAN MOVE ANYTHING TO THE TIME THAT IS RIGHT FOR THE COUNTRY crank7: WITH THE BUDGET VOTED ON ...WOULD THAT BE CONSIDERED ALL AT THE SAME TIME? MAYBE TUESDAY?? Millionday: THE BUDGET IS REFLECTIVE OF THE MOVES THEY ARE MAKING FOR THE COUNTRY TO PRODUCE REVENUES BY INVESTMENT ACCORDING TO REPORTS AND IT IS FOR IN COUNTRY EXPENSES AND DEBT ETC SO AROUND THE SAME TIME – THE THING IS IT IS WHAT THEY WANT TO DO --- EVEN THOUGH THEY CAN MOVE FORWARD WITH ALL POLICIES AND PROGRAMS --- IT IS WHAT THEY WANT TO DO Millionday: LET ME LOOK TO SEE WHAT ELSE I HAVE Millionday: expressed the Prime Minister, Dr. Haider al-Abadi, during a meeting with World Bank President Jim Yong Kim, on the sidelines of the forum Davos trust the government steps aimed at exploiting the decline in oil prices globally for directly in a real and effective economic reform program, stressing the need to hold wide restructuring of the Iraqi economy. Millionday: WHOOPOW -- Millionday: According to a statement issued by the Prime Ministers Office, said Abadi stressed during a meeting with the President of the World Bank, Jim Yong Kim, on the sidelines of the forum Davos on the need to restructure the Iraqi economy, pointing to the importance of transforming the challenges of lower global oil prices to opportunities for direct real and effective reform in the field of economy and governance program, the steps which received praise Prime Bank International, which praised the government actions in the field of administrative reform. Millionday: SO AS WE SEE THE MEETING WITH THE WORLD BANK PRESIDENT WAS MET WITH PRAISE ON MOVING WITH THE REFORMS Millionday: OK SO THAT IS THE NEWS -- THANK YOU ROBIN AND RUDIE AND ALL THAT HELPED
Posted on: Sun, 25 Jan 2015 18:16:22 +0000
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