Millionday: THE NEWS IS SO GOOD I AM SO EXCITED TO SHOW YOU
Millionday: IT IS GOING TO BE A GREAT ONE AND ALSO --- IT SHOWS JUST HOW CLOSE WE ARE RIGHT NOW --- IT IS JUST LIKE A --------WHOOOOPOW
Millionday: I HOPE EVERYONE IS IN TONIGHT -- IT IS SUCH A GREAT NEWSTIME
Millionday: MASSIVE NEWSTIME AND ALL HUGE HUGE PROGRESS
Millionday: BUT THIS IS ALL ACTION AND NOT RESEARCH -- ALL ACTION DONE BY IRAQ
Millionday: Fatlawi promised investment Academy nerve essential foundation which exceeds its economic borders to the security and political aspects of society. The professor of international relations at Baghdad University, Dr. Basma Alaoqati »Sabah» that investment is the beginning of the starting sequence solutions to all economic problems, pointing to the need to develop economic relations with the countries of the region and the world and create frameworks for foreign partnerships with investors by finding solutions to the complexities Tusbandm inside and outside the country .
Millionday: NOTE -- THEY HAVE BEGUN ALL ECONOMIC STEPS FOR INTERNATIONAL RELATIONS WITH THE REGION AND THE WORLD
Millionday: strategies aimed She noted that the state of health of the economy is reflected finding strategies aimed at attracting foreign investments as a result of availability of positives and advantages to countries that lack the technological aspect, in particular, accompanied by reflections on the social aspect by providing job opportunities for the unemployed and training on modern technological methods usually so entrance to alleviate poverty and reduce unemployment as much as possible of the workers and the withdrawal not to mention the speed to do projects and private projects that have a contactless lives of citizens, particularly the housing projects suffered by the country's approximately four decades.
Millionday: NOTE -- THE BEGINNING OF THE ECONOMIC REFORMS AND ALSO THE INTERNATIONAL CONTRACTS ARE DESIGNED TO MINIMIZE THE UNEMPLOYMENT AND ALSO POVERTY WHILE BEGINNING ALL PROJECTS POSSIBLE AS FAST AS POSSIBLE
Millionday: Noted Alaoqati in responding gallery for Question »Sabah» about the possibility of going out of the financial distress of Iraq due to the decline in world oil prices that there are aspects of the force must be activated and to benefit from the effect involves the federal budget funding warning to continue relying on revenues of natural resources.
Millionday: NOTE -- THE PROJECTS THEY ARE BEGINNING WILL HELP WITH IRAQ`S ECONOMIC CONDITION DUE TO THE TIME THAT HAS GONE BY WITH ONLY OIL AS REVENUE DUE TO THE MOVE TO THE MARKET ECONOMY AND PRIVATE SECTOR REVENUES -- SO THE ECONOMY WILL NOW BE MOVING IN THE RIGHT DIRECTION
Millionday: finance budgets and urged the need to diversify sources of income to finance the budget and increase the gross domestic product and the disposal of the case lax in industrial activity and other activities in the light of the current crisis experienced by the rents oil and the decline in world oil prices. concluded Alaoqati her reference to the importance of speed to take serious steps in the investment aspects of being a component basis in the field of development and as part of the approaches and solutions to economic issues and the transition to a new level of sophistication befitting Iraq, she said.
Millionday: THE MOVE OF ALL OF THESE CONTRACTS WILL BE DONE WITH GREAT SPEED DUE TO THE LOSS OF REVENUES DUE TO OIL PRICES AND THE LACK OF DIVERSITY WITHIN THE GDP-- THE STEPS NEEDED IN IRAQ`S DEVELOPMENT INCLUDE SPEED IN THE MARKET TRANSITION -- THE MARKET TRANSITION REQUIRES THE REALITY RATE FOR THE DINAR AND GLOBAL TRADE
Millionday: BRB WITH MORE
Millionday: Economic reform conference, which was held under the auspices of the Liberal bloc in the presence of a number of MPs and economists in a good hotel, the government set up a development bank allocates a capital of 1% of the general budget to support economic sectors, and the development of investment through the granting of facilities and privileges to investors.
Millionday: NOTE --1% OF THE BUDGET IS FOR THE DEVELOPMENT BANK TO SUPPORT ECONOMIC SECTORS AND SOME OTHER NEEDS OF INVESTORS THAT WILL COME WITH DEVELOPMENT
Millionday: He Abdalhassan Shammari head of the industrial assembly and a member of the Investment Committee problem within the Conference of the Agency / BD /: "The Conference of economic reform was held under the auspices of the political body of the bloc Liberal headed by Deputy Prime Minister Bahaa al-Araji, in the presence of a number of members of the committees of Economy and Finance Alniabaten and the advisers in the prime minister, as well as for experts and specialists in economic affairs, so as to support economic sectors and face the crisis of lower oil prices.
Millionday: NOTE --- THE CONFERENCE OF THE ECONOMIC REFORM WAS ATTENDED BY MANY OFFICIALS AND EXPERTS AND COMMITTEE MEMBERS--ADVISORS OF PM ETC
Millionday: He added: "It was formed three committees in Congress is a committee (investment and expenditure and income) for the study of the current economic situation and come up with recommendations and decisions serve the Iraqi economy," he said, adding that "the most important recommendations that I've made the investment committee at the conference is to invest to develop and solve the land granted to investors problem and the land must be delivered from the state departments to the Investment Authority within 60 days from the date of implementation of the resolution as set forth in Article Investment Law No. 13 of 2006 ".
Millionday: NOTE -- THEY SET UP 3 COMMITTEES--AND STUDIED ALL PLANS AND DECISIONS-- THEY ALSO DELIVERED THE RESOLUTION THAT ALL INVESTORS THAT RECEIVE LAND GET IT WITHIN 60 DAYS
Millionday: NOTE -- HERE ARE THE REST OF THE DECISIONS MADE >>>>>
Millionday: He continued: Among the decisions reached by the Investment Committee is to agree on the establishment of a development bank investment supports economic sectors of large strategic projects, where he devoted his 1% of the general budget for a period of seven years and extended for another seven years, "pointing out that al-Araji convey these recommendations and decisions to the Presidency of the Council of Ministers for discussion and implementation.
Millionday: And between Shammari: "This conference will present the program of the government, through the pressure of expenses and maximize resources and run economic sector of agriculture, industry and tourism, and others for the advancement of Iraq economically and not rely on oil as a key resource in the budget and the development of appropriate mechanisms and this blurted good after exposure oil prices to fall sharply." .
He said: "These decisions we consider Ksnaaaan supporter of small and medium industries in order to eliminate unemployment and poverty scalable" .
Millionday: THIS CONFERENCE WAS THE BOW ON THE ECONOMIC REFORM AND JUST GOING OVER EVERYTHING SET UP AND ALSO THE ANNOUNCEMENTS/EXPLANATIONS OF THE DEVELOPMENT BANK FOR IRAQ`S ECONOMIC REFORMS --- THE DECISIONS MADE ARE VERY GOOD AND SUPPORT ALL % OF THE GDP -- LOVE IT LOVE IT
The Shoe: If I am understand you correctly you are saying all of this will start now.
Millionday: NO I HAVE NOT GIVEN ANY TIME LINE HUN -- THE CONFERENCE HOWEVER IS DONE
faith1: get it ( land ) within 60 days of implementation of reality rate ?
Millionday: THE LAND MUST BE DELIVERED IN OWNERSHIP PER LAW FROM 2006 STILL IN AFFECT
Millionday: BRB WITH MORE SMILE
Millionday: Iraq's oil minister said, Adel Abdul-Mahdi, in a press statement today, we will sign a final agreement with the Kurdistan region over oil exports in the weeks Almqublh.
Millionday: THEY HAD A PRESS STATEMENT TODAY BY THE OIL MINISTER STATING THAT ALL AGREEMENTS WERE DONE WITH ERBIL AGREEMENT AND THE FORMAL SIGNING WILL BE SHOWN IN A COUPLE WEEKS OR SO
Millionday: BRB WITH MORE
Millionday: Last week, Baghdad and Erbil announced that they had reached a deal to end a lingering oil and budget dispute. Under the agreement the KRG will sell 550,000 barrels of oil a day, including 300,000 from Kirkuk province, through the Iraqi state-owned Oil Marketing Company (SOMO).
In return, the government of Prime Minister Haider Al-Abadi will start sending the Kurds about $17 billion, which is their share of the national budget, and an additional $1 billion for weapons and salaries for the Kurdish Peshmerga force.
The agreement should end a year-long crisis during which the government of former prime minister Nuri Al-Maliki ordered a freeze on the KRG’s share of the national budget over an oil dispute when Erbil started selling its crude independently.
Millionday: NOTE -- LAST WEEK THE DEAL WE READ ABOUT WITH IRAQ FEDERAL AND KURDISTAN WAS ACCEPTED AND THEY BOTH AGREED
Millionday: While Al-Abadi’s government put out a vague statement, saying that the agreement “has established that the oil belongs to all Iraqis,” the deal was immediately declared as a breakthrough by Kurdish leaders. Some Kurdish politicians even celebrated the deal as representing consent by Baghdad to Kurdish claims to Kirkuk and other disputed areas.
There are not enough details, however, to confirm whether or not the deal is a breakthrough. It is only a one-year agreement that will cover Iraq’s 2015 state budget and clearly states that exports will be made through SOMO’s facilities in Ceyhan in Turkey
Millionday: NOTE -- THE AGREEMENT WAS THE TEMPERARY HCL THAT WE READ WAS PUT IN PLACE TO SPEED UP THE BUDGET AND THE AGREEMENTS NEEDED TO MOVE THROUGH SOMO
Millionday: The question that arises is not how the new deal was reached but why it happened now. Kurdistan has battled for years to secure exports of oil away from Baghdad’s supervision and has defied all efforts by the federal government to control the crude’s flow.
The KRG is already entangled in legal battles, including a court case in Texas filed by Baghdad to block Kurdish crude exports. In response, it has filed an appeal to overturn the Iraqi requests.
Millionday: While the plunge in the crude prices serves as a reminder of how geopolitically significant oil prices can be, there are other factors that must have influenced the Kurdish decision to agree to a deal with Baghdad that ends their independent export of oil.
A national homeland for the Kurds in Iraq has always been a nightmare for Iraq’s neighbours, with a potentially detrimental impact on regional stability. It could lead to the division of Iraq on ethno-sectarian lines and create a ripple effect throughout the region. If that happens, oil won’t save Kurdistan from a messy and even bloody Middle East.
By signing last week’s agreement, the Kurds must have realised that they will run high risks if they continue to give the independence option priority over tangible economic interests and regional stability. That could be reason enough for the KRG to look into a different scenario, at least for now.
Millionday: IT GOES WITHOUT SAYING THAT THE REVENUES OF OIL FOR IRAQ AND THE KURDISTAN REGION ARE CURRENTLY DEPENDENT ON CRUDE OIL AGREEMENT AND SO IS THE BUDGET SO IT WAS NECESSARY FOR IRAQ FEDERAL AND ALSO THE KURDISTAN REGION TO REACH THIS AGREEMENT TEMPORARY OR PERMANENT -- THE POINT BEING THAT THE LOWER PRICE OF OIL REQUIRES THE NATION TO MOVE TO A MARKET ECONOMY AND BRING IN SOME MONEY -- DINARS AND LOTS OF THEM --- SO HUGE COMPROMISE THAT HAD TO BE MADE AND IT SHOWS THAT THEY WILL WORK FOR THE GOOD OF THE PEOPLE TOGETHER --- HUGE AND HISTORICAL CHANGE TO SAY THE LEAST
Millionday: BRB WITH MORE
Millionday: instructed the Prime Minister to form a joint committee to look into the organization for the management of oil and gas laws package is a modern advanced management commensurate with the economic and financial conditions that Amrabha the country, and take into account the difference between the central government and the province to resolve past differences and the implementation of the agreement that has been recently.
Millionday: NOTE -- A MONITORING COMMITTEE TO MAKE SURE THE ERBIL AGREEMENT IS FOLLOWED
Millionday: WHOOOPPPPPPOOOOOWWWW>>>>>>>>>>>> The «Committee will start work soon to reconsider the important laws, including the Oil and Gas Act and the National Oil Company and the law of the Ministry of Oil and financial resources plus her law regulator to set up the ranks of investment and oil derivatives and their relationship with the investment law No. 13 average.
Millionday: NOTE -- THE HCL /NATIONAL OIL COMPANY (DOWN FOR YEARS) AND THE LAW OF RESOURCES FOR THE M-OF-OIL AND RANKS OF INVESTMENT ETC
Millionday: «the decision is aimed at the development of draft laws and create legislation to implement the agreement, which was recently between Baghdad and Erbil on oil exports and imports mechanism.»
Millionday: SO THIS WILL BE ABOUT THE REVENUES AND PAYMENTS MADE FROM THE ALLOCATIONS OF THE BUDGET AND PAYMENT TO FORCES AND AGREEMENTS MADE
Millionday: BRB WITH SOME WHOPPERS
Millionday: NOTE -- I AM BRING 3 IN A ROW THAT ALL HAVE TO DO WITH THE OTHER SO HOLD YOUR HAT
Millionday: NOTE -- TODAY THIS HAPPENED>>>>>>>>>>>>>>>
Millionday: A spokesman for the Office of the Prime Minister tributary Jabouri, on Tuesday, for the approval of the Council on the adoption of the draft general budget law, explaining that Hjhma of 123 trillion dinars, as he emphasized the formation of a ministerial committee to make some arrangements and sent to parliament.
Jabouri said in an interview for "Alsumaria News", "The Council of Ministers approved today a draft state budget law, "noting that" the size of 123 trillion Iraqi dinars. "
Millionday: Jabouri said that "the Council has formed a committee headed by Prime Minister Haider al-Abadi and membership Deputy Prime Minister Bahaa al-Araji, the ministers of planning Salman Jumaili and financial Hoshyar Zebari and transport Zubaidi statement and Education Hussein al-Shahristani, to complete some things and arrangements in the budget in order to shift to the House and be in a better image. "
Millionday: NOTE --------------BUDGET READY -- HAS A COMMITTEE TO MAKE THE FINAL CHANGES THEY ALL AGREED ON TO HAVE IT PRESENTABLE
Millionday: THIS WAS DONE YESTERDAY >>>>>>>>>>>>>>>>>
Millionday: He added that most of these funds will be invested by the Ministry of Transport and the Ministry of Industry the fact that most of the Kuwaiti investment companies in these sectors.
And the date of adoption of the budget Jubouri likely approval during the current week.
Millionday: NOTE -- KUWAIT IS WAITING ON SOME UNTIL 2016 BUDGET AND THE REST IS ARRANGED IN TRADE AGREEMENTS -- SO ALL AGREED ON AND THAT HUMP IN THE BUDGET THAT WAS HOLDING IT UP IS OVER
Millionday: THIS IS TO BE DONE BY EMERGENCY ON THE SPOT THURSDAY >>>>>>>>>>>>>>>>>
Millionday: Office of the Speaker of Parliament Saleem al-Jubouri, on Tuesday, the latter called for an urgent special meeting of the Council of Representatives held next Thursday to discuss the draft 2015 budget.
The source said in an interview for "Alsumaria News" that "Parliament Speaker Salim al-Jubouri called for an urgent special meeting of the Council of Representatives held in the eleventh hour of the next Thursday."
Millionday: "The purpose of the hearing is to discuss the draft budget law for fiscal 2015 and approved on the spot."
The Council of Ministers approved, earlier Tuesday, the draft federal budget law for 2015 and forwarded to the House of Representatives after the formation of a committee headed by Prime Minister Haider al-Abadi and membership deputy Bahaa al-Araji, finance ministers and planning, higher education, scientific research and transportation, to review and re-formulations of some materials Legally.
Millionday: NOTE -- THE COMMITTEE THAT WAS FORMED TO MAKE THE BUDGET INCLUDE WHAT THEY HAVE AGREED ON ENTIRELY IS MADE UP OF >>>>>>>formation of a committee headed by Prime Minister Haider al-Abadi and membership deputy Bahaa al-Araji, finance ministers and planning, higher education, scientific research and transportation,
Millionday: NOTE ----------------------------------------------WHOOOOPOOOOOWWWW--------THE BUDGET IS TO BE VOTED THROUGH ON THE SPOT ON >>>>>>>THURSDAY<<<<<<<<< MERRY CHRISTMAS!!!!
marsha: well i have to ask if the budget is done thurs does that mean fri is our day?
Millionday: NO ---- IT MEANS THAT THE BUDGET WILL BE DONE AND IRAQ WILL BE READY FOR MONEY TO BE DISPURSED TO ALL PROVINCES FOR CONTRACTS --- BUT NO ONE KNOWS THE DATE OR THE RATE
RRathbun: I waS commenting on the diversified committees
Millionday: THE COMMITTEES ARE CERTAINLY MADE UP OF EVERY REPRESENTATIVE THAT WAS NEEDED -- ALL OF THE ISSUES THEY WERE FINISHING IS REPRESENTED BY ALL OF WHAT THE COMMITTEE IS MADE UP OF -- LOVE IT
DeeSP: So it doesn't have to be read? It is done?
Millionday: DEE THEY STATED THAT THEY WILL ONLY BE APPROVING IT ON THE SPOT IN AN EMERGENCY
The Shoe: Never mind. I thought that we had been told the budget and rate would go together.
Millionday: I HAVE NOT SAID THAT WHEN THE BUDGET IS DONE THE RATE WILL BE RELEASED ?
timandjulie: what could possibly delay it now
Millionday: I DONT KNOW OF ANYTHING THAT WOULD DELAY IRAQ ENTERING THEIR COUNTRY TO A MARKET ECONOMY -- THEY HAVE ANNOUNCED THEY ARE IN THE MIDDLE OF THE TRANSITION TO A MARKET ECONOMY SO I DONT EVEN HAVE A GUESS BUT -- I ALSO DONT KNOW THE RATE OR THE DATE AND ANYONE THAT TELLS YOU THAT THEY KNOW THE DATE OR RATE -- THEY ARE NOT TELLING YOU THE TRUTH
donnie: "APPROVING IT ON THE SPOT IN AN EMERGENCY" does the budget have to be made law and appear in the Gazette?
Millionday: DONNIE -- THE WAY THEIR LAWS ARE MADE "LAW" IS THAT THEY READ IT TWICE AND VOTE AND THEN THEY ARE LAW BY PRINTING THEM IN THE GAZETTE --- SO THE THING IS THIS
Millionday: I HAVE STATED FOR A LONG TIME THAT EVERYTHING WILL BE DONE ALL AT THE SAME TIME BECAUSE THEY ARE DEPENDING ON EACH OTHER IN ORDER TO NOT BE UNCONSTITUTIONAL OR EVEN AGAINST FEDERAL/INTERNATIONAL/COMPLIANCE-LAW -- SO I SEE IT AS THIS
Millionday: THEY WOULD BE ABLE TO HAVE ALL LAWS VOTED THROUGH AND THEN HAVE A MASSIVE PRINT IN THE GAZETTE THAT WOULD KEEP THEM FROM BEING AGAINST THEIR OWN LAWS IN GOVERNMENT OPERATION -- BUT THAT IS MY THEORY OF HOW THEY COULD ACCOMPLISH THIS --- THE ANSWER IS YESMillionday: OK THAT IS ALL OF THE NEWS FOR TONIGHT THAT IS OF INTEREST TO US
Millionday: THANK YOU AND MERRY CHRISTMAS TO ALL OF YOU AS WELL - SMILE
Don't they need a LIVE RATE before???