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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, November 7, 2015

TNT : Which Afghani banknotes will be of value during the rv, 7 NOV

    • celebraterv said
      04:46 PM Nov 7, 2015
    I thought of purchasing the Afghani banknotes!Need some suggestions on how to make the best purchase and where? Which denominations will be accepted for the RV? Thanks so much to Tony and the TNT Team!!!!
    • FUZE said
      06:34 PM Nov 7, 2015
    The 5000 note according to open mike sources, and perhaps the 10,000

TNT CHAT UPDATE, 7 NOV

TNT:

Iko Ward:
 Bank Story just now 11.07.15 1:45PM EST


Hi everyone. Just an update. Visited exchange desk greater Philly area same person I always speak with. Front screens now show a PLEASE CALL CENTRAL DESK FOR CURRENT RATE (phone number) for the Dong.

Last time I checked there was nothing on front screens but access to back screen if you knew a few tricks. Same tricks today showed TYP rate of $44 per million.

Called central desk and got voice-mail. No Dinar showing. Rupiah still the old rate.

This tells me it's being handled by internal controls. That's a good thing.

BringitonTony: Who are the internal controls and why is that a good thing? Thanks IKO

Siesta:  Showing movement - also maybe "countries are connected" in the process

Iko Ward: .TYP is short for typical. "Internal Controls" means it is not on automated status. Still requires human intervention to function.

************

Maddison just call the WF bank to get me some more dong and they said we obviously not selling or buying them anymore...because they are no longer on our screen.

I have been purchasing from them for over a year

The teller came back and said we try to get the screen to come up two ways and it didn't. ..so she gave me the 800#

************

Quatermass:  Eid is a holy day tied to the holy month of ramadhan -next Eid is march and april 2016. I think that Tony was referring to another holiday that is due

OKRocks:  EID can be their established holiday and it can ALSO mean any holiday they designate... EID means holiday/festival ... we do not know what holiday they have planned

************

elmerf123456 :  Full reforms whistle ready to blow any minute by Abadi. He has full support from the religious leaders that count. That is a big necessary move and with the world, "we are now ready and open for business" Words from a true leader across the pond.

elmerf123456 :   We@IraqLiveUpdate: PM Abadi met Moqtada Al-Sadr in Najaf ahead of new set of reform decisions to be announced by Abadi, acc to sources    https://t.co/7TotxKmICI Rolling !!!

https://twitter.com/IraqLiveUpdate/status/663033390082482176/photo/1

elmerf123456 :  I do. I believe the dates and processes are all complete and this will happen shortly. China is very patient but not too much. Things are somewhat quiet… which is a very good sign!

Luvwolfs:  elmer I did read where Sistani made a speech yesterday telling folks not to block reforms. I hope that is the push that was needed

Elmerf123456:  Both Sistani and Sadr behind Abadi. That's a BIG Support team.

************

RedIndian:  Kuwait wants to trade with Iraq...good sign!!!!

THink real hard about it....(what is the USD/KWD) rate???? Kuwait wants oil imports from Iraq, so......a good trade would also require....a good trade rate and/or the ability to do business with (an international exchange rate).

Then you won't hear anymore of these bankers saying "Oh , that's not publicly traded." Shazam!!! SGt. Carter!!!!

http://www.iraqinews.com/business-iraqi-dinar/kuwait-conducts-negotiations-with-iraq-to-import-gas/

************

Tishwash:  A source in the prime minister confirms that the deputy prime ministers and the republic has dismissed and stop their sa

http://www.alrayy.com/157938.htm

said a source in the prime minister said Friday that "the Vice Prime Minister and Vice-President of the Republic has been dismissed and stop their salaries since last August," he said, adding "they are Aimarsson any governmental status after the withdrawal of their offices and the pink slip.

************

[xyz] Seminar on the central bank auction and determine the foreign exchange rate - the sale process of the dollar means the withdrawal of the dinar from the local market, which will help the bank to curb money supply and reduce the resort to printing more currency. https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alqurtasnews.com%2Fnews%2F131453%2F-

[xyz] Grand Ayatollah Ali al-Sistani: "The need to protect the constitution and the law must not be used by the legislative or any other authority to circumvent or delay the reform steps,"   http://www.zawya.com/story/Iraqs_top_Shiite_cleric_warns_parliament-TR20151106nL8N1312H6X3/

KTFA CC NOTES, 7 NOV

Frank26:  GREETINGS KTFA FAMILY:

YOU ALL KNOW ABOUT 1...2...3 AND 4 AS WE STUDY TOGETHER. I WOULD LIKE TO INVITE YOU TO A SPECIAL CONFERENCE CALL SATURDAY NIGHT AT 8PM EST ENTITLED........"THE EAGLE HAS LANDED".

DUE TO OUR FORUM BEING ATTACKED DAILY WE HAVE MADE A BLOG FOR YOU TO GO TO IN CASE THE FORUM GOES OFFLINE AGAIN SO YOU WILL BE ABLE TO KEEP IN TOUCH:

http://frank26ktfa.blogspot.com
FOR FRANKS LIVESTREAM SAT AT 8PM ET... GO HERE AND LOOK FOR "LIVE"

or the Net... I wish to invite the net to the Special KTFA CC Saturday November 7th at 8pm (ET).  Why? ............ Because when one is hungry ...... One should share. Frank26.

SPECIAL CONFERENCE CALL  SATURDAY NOVEMBER 7TH   8PM EST

641.715.3640 156996#

or Skype:  freeconferencecallhd.3640

Add freeconferencecallhd.3640 as a contact
then dial/call

then hit Call at the top and then click on Show Dial pad to enter the access code
and # at the end

Can't join us live? PLAYBACK # : 641.715.3639 PIN: 156996#

LIVESTREAM VIDEO BROADCAST LINK:
https://livestream.com/frank26/events/4487528

Morning KTFA

Yes it happened again.  Our forum went offline around 2am this morning.  

For now please join us here on our new  

http://frank26ktfa.blogspot.com

It's not home but it will do until we figure out the next step.  

Please pass the blog site url to your friends and family that follow Frank26.  

We will continue to have our weekly cc's

BREITLING TIDBITS, 7 NOV

Have not seen articles like this is a very very long time…
the central bank is the only body that pumps dollars for the domestic market which creates confusion…
This is a very very bold statement.
The reason it creates confusion is cause the people in Iraq have not figured it outthey don’t know why the value of their currency is rising and it’s because of the US dollar.
Why are they throwing US dollars into their economy when they have their own currency? Well, you and I know.
This makes me very very happy. It’s coming to an end.
simply because of some of the maneuvers they are using, they can’t hide anymore. What are they maneuvering?  They are lowering the note count and there is a ripple effect. Some positive some of it’s negative.
Some people don’t know what’s going on so they’re saying “Hey, we should put some more dollars in because there is not enough liquidity in the markets for the people to spend and buy and for their economy to move.  They don’t realize that the CBI has an agenda.
They are going to add value to their currency and to do that they have to take the US dollar out.  The CBI can bring the US dollar in and they can bring the US dollar out.
It’s called [indirect tools] it’s not the natural market.  This is very exciting!

DINAR GURUS UPDATE, 7 NOV

11-7-2015  Newshound Guru Breitling  Have not seen articles like this is a very very long time…”the central bank is the only body that pumps dollars for the domestic market which creates confusion…” this is a very very bold statement.  The reason it creates confusion is cause the people in Iraq have not figured it out…they don’t know why the value of their currency is rising and it’s because of the US dollar.  Why are they throwing US dollars into their economy when they have their own currency?  Well you and I know.  this makes me very very happy.  It’s coming to an end. [Post 1 of 2 stay tuned for the rest of the story]

11-7-2015   Newshound Guru Millionday
   Seminar Title:  "Friday, November 6, 2015  Iraq Exchange Rate: Seminar on the central bank auction and determine the foreign exchange rate"  THIS IS ALREADY DONE. THIS CONFERENCE IS TO SET THE INTERNATIONAL RATES -- WHEN OR HOW MUCH I DONT KNOW...THE ACTIVATION OF THE IRAQI REFORM IS EXPECTED TO PUT IRAQ BACK IN THE RANKS OF ECONOMICALLY POWERFUL COUNTRIES.  [in your opinion do they only have one thing left to do?]   IMO -- THIS COULD HAPPEN AT ANYTIME.   [post 3 of 3]
 
11-7-2015   Newshound Guru Millionday   THE INTERNATIONAL RESERVES IN THE REMITTANCE SYSTEM IS APPLIED TO THE CALCULATION OF THE NEW RATES FOR INTERNATIONAL CURRENCY -- IN OTHER WORDS IT IS INCLUDED...THE RESERVES WILL BACK THE PRICE...THEY HAVE ENOUGH IN RESERVES TO ALLOW THEM TO GET ON THEIR FEET AND BACK THE SET EXCHANGE RATE.  THE CHANGE AS WE WERE TOLD IN THE SPEECH BY ABADI THAT THE REMOVAL OF THE THREE ZERO CURRENCY WAS GOING TO HAPPEN WHEN THE PRICES WERE APPLIED.  [post 2 of 3....stay tuned]

11-7-2015   Newshound Guru Millionday   Article quote:  "Seminar on the central bank auction and determine the foreign exchange rate... ...WHAT ARE WE WAITING ON?  THE INTERNATIONAL RATES TO CHANGE...RIGHT?   Quote:  "the relationship between fiscal and monetary policy, including an interactive relationship necessitated by the nature of the revenue and expenditure of the pricing of the dollar."  THIS IS THE RELATIONSHIP OF THE FISCAL AND MONETARY POLICY -- AND THIS IS REQUIRED IN THIS BUDGET --- THE PRICING OF THE US DOLLAR.  THE US DOLLAR WILL BE USED TO REMOVE THE HIGH DENOMINATION OF THE DINAR.  CENTRAL BANK OF IRAQ IS ACTIVATING THE PROGRAM STEPS TO CHANGE THE DINAR TO THE LOWER DENOMINATION...   [post 1 of 3....stay tuned]

11-7-2015   Newshound Guru wmawhite   ...when you return from Europe with Euros, or when you return from London with the Great British Pound, or when you return from Japan with the Yen, and you go into a bank that accepts foreign currency, does that bank pull out a De La Rue machine to check your Euro, GBP or Yen?  No they don't and they will not when you exchange the IQD either. [When the IQD gets value all banks with foriegn currency will exchange it. Right?]  Not necessarily so...and here is why...go to St. Maarten and those banks accept the USD, Canadian Dollar the Euro and GBP...and why? Because there is a market (tourists).  They don't exchange the Yen because no visitors from Japan...no market.  ...banks choose what currency they want to exchange just like any other product.  [We just might have to travel some distance.]  I agree totally with you about that...may have to travel.

US Treasury Stops Financial Transactions With the CBI, 7 NOV

 On Tuesday, the newspaper ‘Wall Street Journal’ reported that the U.S has started investigation after receiving the results for announcement of the testimonial by the U.S officials at the U.S Treasury Department about blockage of all the financial dealings with the Iraqi Central Bank since last summer. It also caused smuggling and funds transferring by unauthorized channels to other foreign countries especially to Iran and a handsome amount to Daash. The United States took attention from the news of global media about evidences of blockage in any kind of financial transaction between Iraq and the U.S Treasury Department; it caused degradation in Iraqi economy by currency smuggling, money laundering and funds transferring through unauthorized paths.
It was also reported by the newspaper that a secret meeting held in Istanbul, Turkey between the U.S officials and Iraqi officials. They found the presence of some unauthorized channels that caused smuggling and money laundering. They discovered some unauthorized links of Iran with the Iraqi Central Bank by their daily foreign currency auctions. It damaged the Iraqi economy significantly which was not recovered but a major factor of decline in the global oil prices increased the Iraqi economical and financial crises. The Iraqi Finance Minister Hoshyar Zebari earlier said that Iraqi Finance Ministry is taking some major steps to stop the leakage of U.S dollars by smuggling and money laundering because Iraqi economy relies on the financial fluidity of cash of paper currency. The investigation confirmed that Iraqi economy is increasing significantly and the U.S government demanded from the Iraqi government to avoid involvement of Iranian banks and financial institutions in their daily auction at Iraqi Central Bank.

MILLIONDAY CHAT UPDATE, 7 NOV

Welcome for News Time with Millionday!!
Millionday: FIRST WHAT ARE WE WAITING ON THE INTERNATIONAL RATES TO CHANGE – RIGHT?
Millionday: WHOOPOW
Millionday: FIRST SENTENCE >>>>>>>>>>>Seminar on the central bank auction and determine the foreign exchange rate
Millionday: NOW HERE WE GO
Millionday: Governor of the Central Bank of Iraq Ali Mohsen Keywords announced that the nature of the Iraqi economy Reclining on oil resources, make the relationship between fiscal and monetary policy, including an interactive relationship necessitated by the nature of the revenue and expenditure of the pricing of the dollar.
Millionday: NOTE —THE NECESSARY PRICING OF THE DOLLAR
Millionday: WHOOOPOW
Millionday: He pointed out that «Central» exercised important roles in this process, including the financing of the current expenditure of the public budget, with the dollar buying from the Ministry of Finance to cover the needs of the Iraqi dinar, in accordance with the allocations required in the general budget.
Millionday: NOTE — THIS IS THE RELATIONSHIP OF THE FISCAL AND MONETARY POLICY — WHOOOPOW — AND THIS IS REQUIRED IN THIS BUDGET —- THE PRICING OF THE US DOLLAR
Millionday: And contributes to «Central» also in finance imports of the commercial sector, while the dollar selling process means the withdrawal of the dinar from the local market, which will help the bank to curb money supply and reduce the resort to printing more currency.
Millionday: NOTE — THE PRINTING OF THE NEW CURRENCY IS THE NEW SERIES — THE US DOLLAR WILL BE USED TO REMOVE THE HIGH DENOMINATION OF THE DINAR
Millionday: He said at a seminar in «Institute of the progress of development policies», attended by experts and interested in the money sector of the economy, that «such activity is not essential for central banks in the world, it is very rare to have the central sales window, but
Millionday: because of the nature of the Iraqi economy, Central took over this task, while the task required to intervene when there is a disruption in the exchange rate, as in the European Union ».
Millionday: NOTE — AS THEY DID IN THE EU — CENTRAL BANK OF IRAQ IS ACTIVATING THE PROGRAM STEPS TO CHANGE THE DINAR TO THE LOWER DENOMINATION– THIS IS THE STEP THAT IS BEING TAKEN BY CBI — WHOOPOW
Millionday: He pointed to the issue of monetary reserves, which are still under discussion, and stressed that the reserve is the difference between what the central buys and sells. And over, it goes to the international reserves, and
Millionday: NOTE — THE INTERNATIONAL RESERVES IN THE REMITTANCE SYSTEM IS APPLIED TO THE CALCULATION OF THE NEW RATES FOR INTERNATIONAL CURRENCY — IN OTHER WORDS IT IS INCLUDED
Millionday: that the function of the reserve financing imports and other transfers and coverage, and the foreign currency reserve is the difference between the dollar sales of the Ministry of Finance to the Central Bank and the central bank sales to the private sector.
Millionday: NOTE — AS WE CAN SEE HERE — THE RESERVES WILL BACK THE PRICE AS SAID IN THIS SEMINAR — THIS IS AN EXPLANATION FROM CBI
Millionday: And confirmed the existence of the adequacy of the reserve criteria, such as coverage of imports for a period of 6 months and cover the local currency and foreign debt.
Millionday: WHOOPOW — THEY HAVE ENOUGH IN RESERVES TO ALLOW THEM TO GET ON THEIR FEET AND BACK THE SET EXCHANGE RATE
Millionday: He noted Keywords to the presence of important rules govern the process of selling the dollar to cover imports of personal and transfers of the private sector, including the Central Bank Law Article 28 and guidance of the International Monetary Fund economic system according to the Constitution, and anti-money laundering law.
Millionday: NOTE — REMEMBER THAT THE DEMANDS TO IRAQ WAS SET BY THE IMF AND HAD TO BE FOLLOWED THROUGH WITH BY IRAQ FOR THE LOAN
Millionday: He pointed out the real solutions such as the purchase or sale simple unconditional, cash and futures, and to require banks to apply the principle «know your customer» and the application of anti-money laundering and terrorism financing law.
Millionday: He pointed to the devaluation of the Iraqi dinar by raising the dollar exchange rate of 10 percent to 1300 dinars to the dollar Options , what provides the general budget of 5 trillion dinars ($ 4.2 billion), or raise the dollar exchange rate of 20 percent to 1400 dinars, providing budget 9 trillion dinars.
Millionday: He said that the reduction option easy, but it does not help in the reform of the structural problems, and the devaluation Local useful for exporting countries to activate the export.
He added that «Iraq importing country, and to reduce the currency hurt the purchasing power of citizens with limited income.
Millionday: NOTE — THE CHANGE AS WE WERE TOLD IN THE SPEECH BY ABADI THAT THE REMOVAL OF THE THREE ZERO CURRENCY WAS GOING TO HAPPEN WHEN THE PRICES WERE APPLIED –
OBVIOUSLY THIS HAS TO DO WITH THE IMPACT TO THE CITIZENS — IT WOULD BE IMPOSSIBLE FOR THE TWO NOT TO GO HAND IN HAND
Millionday: The «can taxes play an important role in the finance, justice and balance without compromising the slide limited income, as can achieve economic goals and social and financial».
Millionday: NOTE — THE TAXES WILL OF COURSE BE APPLIED TO GOV BENEFITS ETC DUE TO LACK OF THE PAY IN MOST COUNTRIES HAVE BEEN PAID INTO
Millionday: The head of the «Institute of the progress of development policies» and former Minister of Planning Mahdi Al-Hafiz, pointed out that the national need not require the continuation of the so-called dollar auction, organized by the «Central», but must be handled freely and without restrictions.
Millionday: NOTE — REMEMBER THAT 91 DAYS WAS THE LIMIT TO REACH THE GOAL THAT THEY HAD SET — SO THE AUCTIONS WILL BE CHANGED
Millionday: And it calls for counter-opinion to uphold the auctions and to provide the necessary facilities for the conduct of this operation, and we must stop at the experiences of neighboring countries and operations.
Millionday: NOTE — THERE IS MORE THAN ONE REASON TO STOP THE AUCTIONS OBVIOUSLY DUE TO THE OUTCOME THEY HAVE SEEN IN THE REGION ETC
Millionday: He asked Hafiz for the exchange rate, which raises problematic several, he said, «How can that half of the process required to determine the exchange rate, and is related to the economic and financial situation of the state»?
Millionday: Turning economist Ahmed Alobreha to points concerning the path expected of the Iraqi economy, pointing to the difficulty of reducing the demand sector Special for foreign currency in the current scope of the exchange rate and income levels.
Millionday: NOTE — THEY ARE RECOGNIZING THE DIFFICULT STEP OF REDUCING THE DEMAND FOR THE US DOLLAR
Millionday: He added that the national economy is a lack of diversified production base that can supplement the national market alternatives to imports of goods and services, adds restrictions and weakens the effectiveness of efforts to address the problem of policies.
Millionday: NOTE — OBVIOUSLY ALL NEW POLICIES AND REFORMS WILL HAVE TO BE WATCHED TO GIVE THE BEST RESULT AND ALSO TO BE THE MOST EFFECTIVE
Millionday: He pointed out that «the private sector was unable to contribute to the display of foreign currency, as well as government non-oil sector, and foreign investment policy did not succeed in adding a tributary albeit in a limited form.
Millionday: Iraq has faced interest on the loans in the international market can not afford the prices, and as a result of crude oil remains the only source of foreign currency, and must be serious and responsible move towards real economic development to pay a danger for Iraq.
Millionday: SO AS WE SEE HERE —- IRAQ CAN NOT MOVE FORWARD DUE TO PRICES WITH THE BONDS AND THE OIL IS ALL THAT WAS LEFT TO BRING IN THE SUPPLY OF THE US DOLLAR —-
SO THE ANSWER IS TO MOVE TOWARDS REAL ECONOMIC DEVELOPMENT
Millionday: WHOOOPOW
Millionday: IMO THIS MEANS >>>>>>>>>>>>>>>     Friday, November 6, 2015
Iraq Exchange Rate:
Seminar on the central bank auction and determine the foreign exchange rate  —
THAT IS THE TITLE — WHOOPOW
sassy: why would they tell all of this? Always thought they would keep it hush hush
Millionday: I DONT KNOW
quicktolegit96: in your opinion do they only have one thing left to do…
Millionday: IMO — THIS COULD HAPPEN AT ANYTIME
7shiela: I think you just answered my ? I was going to ask if this means we’re at the end of the line and we’ll get a rate now?

Millionday: THIS CONFERENCE IS TO SET THE INTERNATIONAL RATES — WHEN OR HOW MUCH I DONT KNOW THOUGH HUN
Millionday: THERE IS NO WAY TO KNOW MORE THAN WHAT IS IN THIS INK BUT IT SURE IS EXCITING — WHOOPOW
quicktolegit96: when is the conference again?
Millionday: THIS IS ALREADY DONE
Millionday: HERE IS MORE ON IT
Millionday: The joy of pumice in a move aimed at supporting government reforms recently launched, plans and ensure its implementation aspects, Iraqi Economists Association held an economic seminar dealt with the obstacles and difficulties that stand in achieving the goals that serve the interests of citizens.
And participated in the seminar which was attended by «morning» elite group of economists and businessmen, investors, academics and specialists in economic affairs, which dealt with two papers to members of the board of directors, Rphit discussions extensive and wide of the participants.
Millionday: NOTE —OBVIOUSLY THIS IS THE SAME SEMINAR AND ABOUT THE ECONOMIC REFORMS
Millionday: The Deputy President of the Assembly expert on behalf of Antoine in his paper about the need to bring the elite economic and competencies which has a deep vision of the crises the economy and her experiences in the formulation of plans and strategies implemented and have contributed to addressing crises local, Arab and problems and her international contributions to the organizations and conferences that will provide solutions and treatments to the economic crisis the country is experiencing.
Millionday: NOTE — THE ISSUE THEY ARE DISCUSSING IS THE LACK OF THE ECONOMIC REFORM AND THE THE SOLUTIONS AND TREATMENTS TO THE ENTIRE NATION ECONOMICALLY THIS WILL RESOLVE
Millionday: NOTE — NOTICE THAT THEY ARE DISCUSSING THE FORMATION OF THE PLANS AND THE STRATEGIES IMPLEMENTED
Millionday: and saw Antoine said government reforms touched segments of the middle class, in While it did not benefit the poor class in society, saying that corruption is still contributes to block any effort or investment activities pertaining to the productive sectors. ‘
The Deputy President of the Assembly on the need to contribute to the government and the competent authorities in support of the productive sectors, especially agriculture and industry,
which will resurrect many professions and operation of hundreds of thousands of manpower, as well as the security and political side processing down to the reforms touched and felt by the citizen.
Millionday: NOTE — THEY PLAN ON MAKING HUGE EFFORTS TO HELP THE LOWER CLASS
Millionday: For its part, a member of the association management expert Dr. focused. Akram al-Aqil in the research paper during the seminar on the proper application of the reforms optimization and implementation, which should ensure Bstratejah studied scientifically,
especially as the Iraqi citizen suffers from several aspects of the most important service, economic, urging at the same time that paint a strategic features of the Iraqi state and the foundations built and try to re-Iraq to the ranks of economically powerful countries.
Millionday: NOTE — THE ACTIVATION OF THE IRAQI REFORM IS EXPECTED TO PUT IRAQ BACK IN THE RANKS OF ECONOMICALLY POWERFUL COUNTRIES
Millionday: Agreed Al Aqil with Antoine in the comprehensive economic reform is to address the crisis in terms of the best investment for the oil sector and its derivatives and petrochemicals industry, as well as immediate support for agriculture and local industry, and the revitalization of religious tourism.
She said a member of the Board of Directors that each sector productive linked to activating the other, lead to treat many of the most important crises in the country, crises in housing and unemployment that hit the Iraqi society, especially that Iraq is a country rich in resources, but it needs to be a safe environment and seek to resolve the political and security problems being affected negatively in the Iraqi economy.
Millionday: NOTE – THE ECONOMIC REFORM IS SUPPOSED TO ADDRESS IRAQ`S ECONOMIC CRISIS AND RESOLVE — THE NEED FOR DIVERSITY
Millionday: And it pointed to the need to pause to review the economic reforms recently announced by the Government, through the implementation of a proper manner that achieves the stated goals who wants everyone access to it,
as well as studied extensively committees specialized scientific competencies and economic participation of the public and private sectors, recommending to stay away from everything It affects the income of the Iraqi citizen.
And he saw that the imposition of some types of tax revenues and to try to bring the expense of the citizen may generate implications for Atsb interest in reforms, but it is necessary to activate the legislation and laws and decisions commensurate economic and global developments and modernity.
Millionday: SO AS WE SEE — ALL LEGISLATION– LAWS — ETC ARE TO BE ACTIVATED ALL AT THE SAME TIME
BUT — THE TAX REVENUES ARE TOO HARD FOR THE POOR SO THEY WONT BE FOLLOWING THE ORIGINAL PLAN — OBVIOUSLY – THE CHANGES I DO NOT KNOW
Millionday: ANY ?? COMMENTS — WHOOOPOWS
Pablo: Did I see you mention a 91 day timetable earlier? If so, when was the starting point?
Millionday: I FORGET THE DATE IT BEGAN
ann4: They mentioned lets “pause.” What is the length of pause mentioned; or did they break for bathroom; or re adjourned?
Millionday: WHERE ?
Millionday: THIS IMO —- IS ABOUT THE TAXES AND ITS IMPACT ON THE CITIZEN AND THE CHANGES OF PRICING ETCV — THEY WANT TO FOLLOW ALL STEPS SO THAT THE RESULTS ARE AS THEY PLAN
Millionday: IMO — IT MEANS TAKE THEIR TIME — NOT STOP OR ADJOURN — WE WILL HAVE TO SEE HOWEVER — IMO IT IS JUST IN THE TRANSLATION
Tex1: What is happening during the 91 days?
Millionday: THAT WAS THE TIME GIVEN FOR THE AUCTIONS THAT WERE TO BE HELD FOR THE CHANGE TO THE REMITTANCE SYSTEM
skyline28580: what’s going on with Dinarcorp? I mean are we going to be able to cash in with them???
Millionday: I M SORRY HUN — I DONT KNOW
skyline28580: just curious.
Millionday: I UNDERSTAND — I JUST DONT KNOW WHAT IS GOING TO HAPPEN
quicktolegit96: when do you see the budget being passed?
Millionday: THE BUDGET HAS BEEN SIGNED ALREADY HUN
Millionday: Mustafa al-Hashimi under inflation of the public sector there is a need to adopt programs and initiatives to guide young people towards working in the private sector after his support of legislation and laws and provide the advancement of its present requirements, since it is necessary to create opportunities and jobs through small and medium enterprises .
In this context, economic researcher Maha confirmed Ahsan thanks to the establishment and revitalization of small and medium enterprises would greatly reduce the reliance on the provision of wages and money from government jobs.
Millionday: She thanked in an interview for »Sabah» that in the light of the economic situation the country is experiencing, from is essential that the focus is on generating financial profit projects in order to ensure the sustainability of the project and provide services to the community.
Millionday: NOTE — THIS IS THE RESULT OF AN APPLIED MARKET ECONOMY THEY ARE TALKING ABOUT AND THE EXPANSION OF BUSINESS
Millionday: She called thanks to speed up investment in human resources working in the social service sector, especially the service sector comes into contact with the public life directly, stressing the need not to adopt a random or short projects -term quick and limited impact,
it must be a project for many years and the long Baad.opent importance of the institutions that focus on sustainability projects are being will contribute to the investment of human resources on the one hand, and community service on the other hand.
Millionday: NOTE — OBVIOUSLY THEY WANT ALL TRADE AND PROJECT AGREEMENTS TO BE ACTIVATED SO THAT THEY CAN SUSTAIN THE COUNTRY`S ECONOMY
Millionday: She explained that the main reason for the tendency of young people to government employment is a continuation of salary and ensure retirement,
Flo was activated labor law in the private sector will see some kind of cooperation between the public sector and the private, mixed and cooperative to regulate the labor market to achieve full employment and development of human resources 0
acknowledged labor law in Iraq in mid-August in order to regulate relations work between workers and Osyahab work and their organizations to protect their respective rights and sustainable development based on social justice and equality and securing decent work for all without any discrimination to build the national economy.
Millionday: NOTE — OBVIOUSLY THIS IS GREAT AND IS ALL ABOUT THE ACTIVATION OF THE DEVELOPMENT PROGRAM
Millionday: She economic researcher to the need to re-examine the level of wages to provide an attractive investment environment and encourage the work of the private sector and reduce the unemployment rate.
​She said that the public sector too bloated and suffering disguised unemployment, at a time when we see averse clear in employment in the private sector reason to make the level of wages in Iraq competitive to attract the maximum amount of the investment companies, whether foreign ones or local.
Millionday: NOTE — OF COURSE PART OF IT IS LISTED AS THE NEED TO BE COMPETITIVE
Millionday: She thanked it otherwise, the owners companies or enterprises will prefer foreign workers to the low level of wages relative to productivity reflected negatively on the unemployment rate.
Indicating the need for the government to be involved in the payment of all or part of wishing salaries to work in the private sector, adding that this trend would ease the burden and pressure on the public sector and the reduction of underemployment which most public sector institutions experiencing rates, and make way for the private sector to exercise its role in economic activity.
Millionday: SO AS WE SEE THE APPLICATION THAT WILL BENEFIT IRAQ WILL BE APPLIED THROUGH THE LABOR LAW AND AGREEMENTS OF PAY TO ALL FOREIGN AND LOCAL WORKERS
pinklady: All FOREIGN & LOCAL WORKERS…. WHOOPOW! Sounds Good!
Millionday: I AGREE — GREAT NEWS TONIGHT
Millionday: NOW WE WILL WATCH TO SEE WHAT HAPPENS — SOUNDS VERY ENCOURAGING FOR IRAQ AND ITS REFORM TO THE NEW IRAQ IMO

FRANK26 UPDATE, 7 NOV

Today there was a meeting…they can’t have any more money. Aug, Sept, and Oct went by without their usual lump of cash to keep them going.  We are in total control of what is going on in there… We have too much invested.
No more USD…no more foreign currency…they need to grow-up and guess what on the 5th of November Iraq will meet with the IMF in Jordan and prepare for the “grand-opening” day.  Who gives money to Iraq? The IMF and the USA.
The BILLIONS that are about to be given to Iraq…will enter Iraq for a completely different purpose (not to pay their bills) but to be distributed to the “BB” [Dr. Shabibi’s baby banks]. These will be used to loan money to the citizens to help build the country, businesses, etc.
Abadi and his supporters…are NOT changing the budget! They just voted on it…passed it…and the HCL is inside of it.  THIS IS A FIRST…THIS IS HISTORICAL!  The evidence of 1 to 1 is pretty obvious…the GOI approved a new salary scale…which works out to a 1 to 1 ratio. The GOI is doing just things…especially with their ministers (and their pay scales) – as they work to accomplish entering into the international world with a new rate.

DINAR IRAQ & DONG VIETNAM UPDATE, 7 NOV

Country's getting loans just prior to a currency increase is common practice and history. A bank will not loan one money unless they feel the loan can be paid back!
I believe that Abadi has sold his program to the Parliament and that program is the CBI plan to raise the value of the dinar. This means that for the first time we have all of the major players on the same page, irrespective of Maliki’s attempt to meddle in the process.
I see forces moving that cannot be stopped easily. Furthermore, if you recall, it was the IMF who insisted that the Investment Law be passed before the end of October, and it was, barely.
It was also the IMF that stated unequivocally that Iraq would “enter the world market” in early 2016.
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they were going to do this in March..but they didn’t do it because of lack of stability…then by July again Shabibi says no…look at security…so they didn’t do it…Dr. Shabibi and Abadi got to work just after July…by Sept you see so many things being accomplished by Abadi and Shabibi…Yesterday Abadi said we are 100% secure here in our country…now…look to early October…the Unity Card…the amendments of the laws…removal of terrorism…the removal of bad cabinet members…they did it all…now we are in November which will show a plethora of information…what they said yesterday we confirmed that three months ago…their intent was to remove the US by 1/1/2016. I think we need to see the removal of the USD in Iraq….the removal of Maliki before we see the raising of the currency rate. There are many changes in Iraq…SECURITY, STABILITY, but no PROSPERITY at 1166…
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Alsumaria News / Baghdad
Iraq Stock Exchange announced Thursday, the rise in share trading value by 450 percent to more than 63 billion dinars in October, while the Securities Commission decided to suspend trading for 24 companies.
Market during October 18 daily session in the formal market and one session in the second market, the number of companies traded 59 companies out of 98 listed in the market, with the market index ISX60 closed at the end of October at 781.560 points, its decline of 7.5 % compared to its value in the month of September amounting to 844.900 points.
The market during October trading 135,731,000,000 shares with an increase of 1,208% compared to last September, which amounted to 10.375 billion shares, financial value of 63.867 billion dinars, a rise of 451.34% compared to September value of stocks in which 11.584 billion dinars, while the total The number of transactions executed 7,277.
The number of traded shares purchased from non-Iraqi’s 238 million shares valued at 803 million dinars from 386 deals, while the shares sold amounted to investors from non-Iraqis 88.332 billion shares valued at 737 million dinars from 493 deals.
Securities Commission suspended trading of 24 companies for its decisions to non-compliance with the instructions of financial disclosure.