Millionday: WELCOME EVERYONE TO NEWSTIME

Millionday: WE HAVE ALOT OF GOOD NEWS TO LOOK AT THAT GOES ALONG WITH THE PROGRESS WE HAVE BEEN WATCHING -- NO SLOW DOWN IN SIGHT

Millionday: OK LETS START BY LOOKING AT SOME CBI NEWS
Millionday: CBI announced on Sunday that he made decisions to support the development of the Iraqi economy, including the approval of the coverage of bank accounts abroad in US dollars to cover imports.
The bank said in a statement reported for "Twilight News" that "in line with the central bank's tasks and responsibilities in supporting the development of the Iraqi economy and stimulate the bank took a number of decisions, including the approval of the appointment of the special representative of the Council of the central bank's management of banks."
Millionday: NOTE -- BUDGETED IS A CLEAR AMOUNT FOR DEVELOPMENT AND CBI IS STATING HERE THAT THEY HAVE THE FUNDS TO DO JUST THAT -- HOWEVER THE GOOD PART IS THAT THEY EXPECT TO WIRE FUNDS ABROAD -- THAT IS VERY TELLING IN THE FACT THAT IT WOULD REQUIRE INTERNATIONAL ACCEPTANCE
Millionday: The bank said that among its "approval of the Central Bank to cover the bank accounts abroad in US dollars to cover imports of customers and for other purposes without the need to pass a window sell the currency at the Central Bank of Iraq."
The bank added that he "assume control over these operations within the mechanism of a simplified and transparent with the development of the creation of capacities and capabilities plan to activate documentary credits instead of the current method and coordination with the banks in this regard."
Millionday: NOTE -- THIS WOULD BE INTERNATIONAL BANKING AND THE ABILITY TO FUND OUTSIDE THE COUNTRY WHEN THIS BEGINS
Millionday: Bank and stressed "the need to expedite the enactment of the Deposit Insurance Law, and to recommend to the government to accept the state's institutions of instruments issued by private banks as well as the receipt of taxes and fees in favor of the government."
The bank pointed out that "the formation of a committee to reconsider the structure of benefits, including expanding the provision of credit and liquidity."
Millionday: SO AS WE SEE HERE THEY ARE ASKING THE GOV TO GET INSURANCE AND PROVISION OF CREDIT , LIQUIDITY, LOANS ETC IN PLACE TO IMPLIMENT THE PROCESS
The Shoe: Are we sure they are not talking about USD?
Millionday: THEY are TALKING ABOUT US DOLLAR BUT UNDERSTAND THAT AMOUNT HAS TO BE ACCOUNTED FOR IN COUNTRY OR OUT -- THE AMOUNT THE US DOLLAR ACCOUNTS FOR WILL BE DETERMINED AS IT IS MONEY TOO -- THEY CANT AFFORD TO OR WOULD THEY NOT REQUIRE A REALITY RATE IN US DOLLAR FOR THIS TO BE POSSIBLE --

Millionday: NOTE -- THIS IS FOR ACCOUNT HOLDERS IN IRAQ
Craveman: Sorry if tad off topic: 2015 budget at 119 tril. dinars, which I understand is a non existent amount, I assume that is real number based hypothetically on current rate? Any elaboration appreciated.
Millionday: THE BUDGET REFORM HAS BEEN CALLED FOR WITH ALL REFORMS AND GOV PROGRAMS --- WHAT THIS MEANS WILL BE ESTABLISHED WITH THAT ACTIVATION -- WE DONT KNOW WHAT THAT WILL ACCOUNT TO WITH THE INTERNATIONAL PRICE INDEX CALCULATION

Millionday: BUT
Millionday: WE WOULD LIKE TO KNOW VERY SOOOOOOOOON
Millionday: SMILE

Millionday: SEE THE THING IS THAT THE SITUATION IS TO THE POINT THAT ALL OF WHAT IS GOING TO HAPPEN IS GOING TO --- THEY ARE IN A CORNER THAT REQUIRES THEM TO MOVE FORWARD WITH REFORMS --- TRADE -- ISX-- AND MARKET ECONOMY --- WHAT IS GOING TO HAPPEN WILL HAVE TO REVEAL ITSELF
----------------------------------------------

Millionday: THIS IS TRADE THEY ARE TALKING ABOUT HERE

Millionday: The parliament of Belarus has said that it will set up a working group to look at improving cooperation with Iraq.
BelTA news agency reports that the Chairman of the Ukrainian International Affairs Commission, Nikolai Samoseiko, explained that a strategy for “the complex advancement of Belarus-Iraq relations” is being implemented.
Millionday: UNDERSTAND THEY ARE TALKING ABOUT UKRAINE
Millionday: VERY INTERESTING WITH ALL THAT IS GOING ON
-----------------------------------------
Millionday: The Commission on oil and energy parliamentary that the oil agreement between Baghdad and Erbil has entered into force, predicting that the federal government develop a strategy to invest in natural gas in the country plan.

Committee Chairman MP Ares Abdullah told {Euphrates News} "The oil agreement between the federal and the Kurdistan region governments have entered into force, but there is no law to regulate the oil things in general, and due to technical problems in the region on the grounds that so far can not be exported quantity required. "
Millionday: NOTE -- THE LAW (HCL) IS IN PARLIAMENT

Millionday: The Federal Government has concluded before the oil deal with the Kurdistan region ended its crisis affected complicated greatly between Baghdad and Erbil, has described Oil Minister Adel Abdul Mahdi, the agreement that it is important to be provided for the center and deliver justice in the distribution of wealth to all the sons of the people, have to solve dilemmas that were stuck previous government was unable to overcome, but it began to grow and even worsened the situation is complicated and worsened relations between the central and the Kurdistan region governments.
Millionday: NOTE -- THE ECONOMIC PART OF THE AGREEMENT IS WHAT THEY ARE TALKING ABOUT --- THE DISTRIBUTION
Millionday: And the MP Abdullah that "the central government is trying to bring large companies to invest in natural gas, as the country is rich fields discovered and undiscovered, but so far the situation is not encouraging and companies are reluctant to enter into contracts and is only concerned with the oil." 
He said Abdullah, saying that "the government inevitably will develop a strategic plan, and there will be a big move from side to bring in international companies to extract and export gas in the country."
Millionday: NOTE -- REMEMBER THAT THE HYDRO CARBON LAW IS AGREE UPON AND WHAT THEY ARE SAYING THAT MOST INVESTERS WANT TO INVEST IN THE OIL SIDE OF THINGS AND ARE WAITING FOR THE LAW TO BE IN PLACE -- DUE TO THE IRAQI OIL COMPANY
Millionday: In the midst of events accelerated in terms of economy, the current financial crisis, which resulted in the deterioration of oil prices in world markets as the impact of a number of countries, including Iraq, stressing the political and popular circles and economists on the importance of diversifying sources of funding and lack of dependence on oil as a resource and a single. 
One of the main sources of funding is active is natural gas, as the country is one of the richest countries in respect of this energy source, and it has a lot of fields, which experts confirms it the largest in the Middle East.
Millionday: SO AS WE KNOW AND READ HERE -- THE GAS THEY HAVE AS AN ECONOMIC RESOURCE IS ALSO HUGE WEALTH FUNDING THEIR GDP ALONG WITH OTHER MARKETS -- SO THEY WANT TO EXPAND ON THAT AS WELL ---

Millionday: THE EVENT OF ACCELERATION OF THE ECONOMY IS NICE TO SEE -- SMILE
Papatom: it looks by this report that the investing companies are waiting to see the law in place because they are wary of the IRAQ Oil Company?
Millionday: THATS THE WAY IT LOOKS TO ME AS WELL --- ECONOMY AND OIL LAW IN PLACE -
Papatom: so that hints at least to the fact that they don't really TRUST a promise...they want to see Facts as to how that will all work out....
Millionday: THE OIL LAW PUTS THE IRAQ OIL COMPANY BACK IN BUSINESS WITH THE GLOBE AND EXPORTING ETC -- SO NOT WARY -- JUST NOT IN PLACE
GrannieAnnie: When will they vote on the HCL and the Article 140 in Parliament?
Millionday: THEY ARE EXPECTED THIS WEEK -- THEY HAVE SOME REPORTS OUT THAT THEY ARE ON HOLIDAY BUT WE DONT EXPECT ANYTHING ON HOLD DUE TO THAT -- I WOULD EXPECT TO SEE AN EMERGENCY RETURN SESSION BUT WE SHALL SEE
misterq: Has any one else noticed that gas is going up in price??? I believe Iraq made a statement that they would like to see gas @ 56.00 A barrell... So it would be better to RV...
Millionday: THE STATEMENT WAS THAT THE BUDGET WAS DONE WITH OIL AT 56 A BARREL DUE TO THE EXPECTATION THAT IT WILL GO UP IN THE BEGINNING OF THE YEAR -- THE PRICE OF GAS TAKES A WHILE TO BE AFFECTED BY THE MARKET PRICE -- BUT WE HAVE VERY LOW GAS HERE SMILE
VIP.smiller67 Millionday: I thought they weren't going to take any Holidays until this is done.
Millionday: THEY WERE NOT UNTIL THE BUDGET WAS DONE PER THE PRESIDENT BUT I WOULD EXPECT THAT THE FINISH OF THINGS ON THE TABLE WOULD BE DONE BEFORE THEY VACATION ANYWAY -- KEEPING AN EYE ON IT
--------------------------------------------------------------

Millionday: .. Has announced the presidency, on Sunday evening, the three presidencies meeting focused on the preparation of legislation to help in the creation of national reconciliation conditions.
The presidency said in a statement received by the agency / information / copy of it, "the three presidencies held this evening, meeting at the Peace Palace in Baghdad in the presence of President Fuad Masum, and the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri and
Millionday: gentlemen, the Vice-President Nuri al-Maliki and Osama Najafi The deputy prime minister Saleh al-Mutlaq and Bahaa al-Araji, and Vice President of the House of Representatives Hamoudi. "
The statement added that he "was in the meeting extensively discussed in the basic aspects of the ministerial curriculum which formed on the Kan government," he said, adding that "it was a focus on the actions taken in the preparation of legislation and proposals for laws that assist in the creation of national reconciliation conditions, so as to promote unity People in the confrontation with terrorism and state-building. "
Millionday: NOTE - REMEMBER THE STATEMENTS OF THE NATIONAL RECONCILIATION THAT WE LOOKED AT THE OTHER NIGHT AND HOW MUCH OF THEM IS THE RENEW OF THE IRAQI ECONOMY AND TRADE TO A MARKET ECONOMY

Millionday: WE EXPECT A HUGE ANNOUNCEMENT IN SOMETIME CLOSE TO ACUALLY HOLD THE NATIONAL RECONCILIATION CONFERENCE AND THIS WILL BE IN BAGHDAD AND HUGE FOR IRAQ AND ITS PROMOTION
faith1: i read that.... m was in custody for smuggling monies ?
Millionday: HE HAS BEEN CHARGED BUT HAS NOT GONE BEFORE COURTS FOR CHARGES YET AS FAR AS I HAVE READ AND UNTIL THEY CAN HAVE A REASON THE THORN STILL REMAINSMillionday: YES HIS SON WAS CAUGHT WITH FUNDS AND THAT MAY BE WHAT THE REPORT WAS -- MALIKI IS UNDER INVESTIGATION AS FAR AS I CAN SEE RIGHT NOW
----------------------------------------
Millionday: Confirmed to the parliamentary Committee on Foreign Relations, Saturday that Saudi Arabia will open its embassy in Baghdad and its consulate in Arbil next month, pointing out that the opening ceremony will be attended by the Minister Saud al-Faisal Khajria.
Said committee member Mithal al-Alusi told / information /, "The opening of the Saudi embassy in Iraq is the beginning of the right steps towards strengthening bilateral relations between the two countries," noting that "the weight of Saudi Arabia has a large influence in the region."
Millionday: NOTE -- THE REASON BEHIND THIS IS VERY INTERESTING IN THIS REPORT -- OBVIOUSLY GAIN WOULD BE THE REASON FOR ANY EXPENSE
Millionday: He added that "despite the fact that the approach of the Iraqi and go where there is no clear lines so far, but we are optimistic about the new policy of the Kingdom and we want to express our sovereignty and our interests," he said, adding that "the gates of Iraq are open to anyone who wants to deal with us according brotherhood and common interests."
Alusi and pointed out that "there is information we received from the Saudi side to us that the Saudi embassy and consulate will open next month after the completion of Thih place," asserting that "the opening ceremony will be attended by Saudi Foreign Minister Saud al-Faisal."
Millionday: SO AS WE SEE THEY ARE SAYING THAT IRAQ IS NOT CLEAR ON WHERE THEY ARE GOING OR WHEN ETC -- THAT OF COURSE IS WHAT IS RELEASED IN THE MEDIA -- BUT VERY INTERESTING ONCE AGAIN TIMING WISE
faith1: i heard on radio that Obama was in Saudi Arabia today ?
Millionday: HE WAS A COUPLE OF DAYS AGO AND I AM NOT SURE IF HE IS STILL IN THE REGION OR NOT
Millionday: THE FIRST LADY WAS AS WELL
----------------------------------------

Millionday: THIS IS RELEASES FROM CBI

Millionday: THERE ARE THE REPORTS FROM CBI

Millionday: THEY ARE WORKING TO STIMULATE THE ECONOMY AND ALSO MOVING FORWARD WITH PLAN FOR THE BUDGET DEFICIT

Millionday: CENTRAL BANK MADE A LOT OF DECISIONS TODAY TO MOVE FORWARD WITH THE IRAQI DEVELOPMENT OF THE ECONOMY

Millionday: AND ALSO THE DEPARTMENT OF CENTRAL BANK COUNCIL APPROVED THE PROPOSALS MADE BY THE INTERNATIONAL BANKS BOARD
(reports did not copy to chat...so summations by Millionday)

Millionday: THE ONE THAT EXCITED ME WAS THE INTERNATIONAL BANK`S BOARD -- SMILE

Millionday: NOTE -- THE DECISIONS ARE NOT AVAILABLE IN ENGLISH EITHER -- WHOOOPOW

Millionday: BUT DEVELOPMENT STEPS ARE WHAT WE WOULD HOPE TO SEE IN THE ECONOMIC REFORMS
ramses24d: so is this the one where the investors had a chance to bring in what they would like to see happen?
Millionday: NO THIS IS THE SET STEPS
ramses24d: you know they're recommendations
Millionday: NOT JUST SUGGESTIONS -- THEY DECIDED WHAT THEY ARE GOING TO DO -- SO WITH THE STATEMENT THAT THEY ARE FUNDING INTERNATIONAL ACCOUNTS --- THIS IS NOT A BAD THING

Millionday: NO THEY ARE DECISIONS ---- NOT RECOMMENDATIONS
Millionday: SMILE
-----------------------------------------

Millionday: NOTE -- THE PRESIDENT HAS RELEASED THE BUDGET AND ANNOUNCED IT AS LAW ON THE WAY TO THE GAZETTE -- CANT GET THE TRANSLATION BACK IN TIME BUT -- IT IS NOTED PER THE PRESIDENT --- SO HOPEFULLY I WILL HAVE IT TO BRING TOMORROW
----------------------------

Millionday: MEETING TODAY
Millionday: Hosted by the General Secretariat of the Council of Ministers Council of Central Bank Governor Ali Mohsen Ismail, to discuss the mechanics of the general budget disbursement after approval by the House of Representatives. 
During the meeting, which was chaired by the Secretary General of the Council of Ministers offer extensive details of the budget materials and maintain the Iraqi dinar exchange rate
Millionday: NOTE -- THE MINISTERS MET WITH CBI GOV TODAY TO LAYOUT THE DISBURSEMENT OF THE BUDGET
Millionday: The meeting also discussed the importance of uncles smart card in the trading and banking business dealings, and educate citizens use to reduce the procedures. 
The department offered citizens about the affairs of its first indicators that the government monitored e-citizen program and the number of users and government agencies that responded to the program.
Millionday: NOTE -- IF CHANGE WAS NOT PART OF THIS --- THE CITIZENS WOULD NOT NEED EDUCATION AS IT WOULD BE THE SAME AS ALWAYS
Millionday: This meeting was attended by Deputy Secretary-General and aide to the secretary and general managers of the departments of the Secretariat and their collaborators and the Director of the Executive Office of the Director of the media and government liaison office.
Millionday: SO AS WE SEE THIS IS PREPARATION FOR ACTION THE CITIZENS NEED TO UNDERSTAND -- WHOOPOW
carpet: do you feel they will rv before they open the budget? and if they do open it it will be in billions not trillions right
Millionday: I DONT KNOW BUT IF THEY REMOVE THE THREE ZEROS FROM THE EQUATION THE AMOUNT WOULD BE CHANGED BY THAT AMOUNT OF CHANGE
misterq: What exchange rate are they talking about to maintain ??? I'm Not quite clear
Millionday: THE IRAQI DINAR EXCHANGE RATE
jackflash101st Millionday: what does maintain the Iraqi dinar exchange rate mean? To keep it as is?
Millionday: NO IT MEANS TO USE ECONOMIC TOOLS USED BY GOV -- TAXES -- STIMULAS-- INTEREST RATES ETC TO KEEP IT FROM CREATING AN INFLATIONARY EVENT DURING CHANGE OR ECONOMIC HARDSHIP ETC
vanessa123: MD, when you say the president signed and it will be in the gazette, what does that mean exactly? Does it mean the budget is opened and implemented?
Millionday: IT MEANS THAT STEP THREE -- THE SIGNING IS DONE AND NOW TO BE LAW IT MUST BE PRINTED IN THE GAZETTE PER THE WAY THEIR LAWS ARE PUT INTO LAW
CanTWaitwoRV: MD, if they don't change the rate the inflation will exceed 2% at some point?
CanTWaitwoRV: kinda how it appears
Millionday: CBI HAS BEEN ABLE TO MAINTAIN THE EXCHANGE RATE AND KEEP IT FROM CREATING INFLATION AT A HIGH RATE --- SO THEY NEED A REALITY RATE TO HAVE A MARKET ECONOMY FOR FAIR TRADE AND BY THE INTERNATIONAL PRICING INDEX CALCULATION ACCORDING TO WORLD ECONOMICS -- SO NOT TO AVOID INFLATION THEY DONT
faith1: millionday there has been much talk of IF the rate is in the budget OR not,,, can you please give us your opinion of that .. please and thanks !
Millionday: ALL DATA WOULD BE CHANGED WITH A CHANGE IN THE RATES AND PURCHASING POWER OF THE DINAR -- THIS WOULD BE DONE BY ELECTRONIC E-GOV ENTRY --- THE BUDGET AND ALL FIGURES -- BENEFITS -- PRICES -- UTILITIES EVERYTHING WOULD BE CHANGED ALL AT ONCE IN ORDER FOR IT TO MAKE SENSE -- ANY CHANGE WILL BE RECORDED IN EVERYTHING FINANCIAL
VIP.smiller67 Millionday: How long does it take for it to officially become Law once it's posted in the Gazette?
ROBINREDHED: gazette=law
ROBINREDHED: it is like the recorders book
Millionday: 1 DAY
Millionday: YES LIKE THE RECORDERS BOOK -- EXACTLY

Millionday: SO THAT IS ALL THAT IS OF MAJOR IMPORTANCE TONIGHT

Millionday: SEE YOU ALL TOMORROW AT ROUND TABLE FOR MORE