DINARESGURUS.BLOGSPOT.COM_________ DINARESGURUS.BLOGSPOT.COM__________________

Saturday, May 6, 2017

KTFA UPDATE, 6 MAY

KingofMelz:  HOW DO WE KNOW OF ASSET BACKED COUNTRIES? OR HOW DO WE TELL WHICH ONES ARE.  THANK YOU.

BACKDOC:  TOO SENSITIVE.

THE DINAR IS ASSET BACKED. 100 percent GOLD BACKED

DOC    IMO
....
*************

Frank26: (late Friday Night) KTFA FAMILY ................THERE WILL BE NO VIDEO TOMORROW. C U ON YOUR M CC ........... TAKE CARE. 

 There is so much coming in ............. There is so much to STUDY ............There is so much to consider.

Therefore IMO by MONDY CC ......... A VIDEO will be null and void.

i know what i am doing.

i do not foolishly RISK nor waste TIME.   Am too busy.

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

Apmcrx:  The launch of a project for the reform of financial management in cooperation with the World Bank

 MAY 5TH, 2017

COMMENTS ON THE LAUNCH OF A PROJECT FOR THE REFORM OF FINANCIAL MANAGEMENT IN COOPERATION WITH THE WORLD BANK CLOSED

Baghdad 's new morning:

Government investment to develop the most prominent themes of Minister of Finance Agency Abdul Razzaq al- Issa revealed the launch of Iraq in cooperation with the World Bank representatives in Baghdad a draft to reform and modernization of the financial management systems of the state.

A statement by the Ministry of Al - Issa said during his meeting with World Bank representatives headed by the Special Representative of the Bank of Robert Po and his accompanying delegation, said that «this important step comes on the basis of the agreement with the World Bank representatives during the spring meetings recently held in Washington».

Al - Issa said this project includes key topics such as the trend towards an integrated information system for financial management and computerization of the operations of public financial management of the preparation and implementation of the budget in the Ministry of Finance and other ministries and all units of exchange".

Alissa stressed that « one of the priorities of the project is the government investment for the development of the state».

Iraq is looking to identify the mechanisms to be taken to improve the financial situation .

Last week ,

representatives of the Iraqi private sector discussed with a delegation from the International Monetary Fund, the recent approval of a loan for Iraq to pay off the arrears to contractors and suppliers of Iraqis and peasants, and the ways to solve this problem, given the importance of that the stability of the economy.

He asked the deputy head of the International Monetary Middle East Fund and the Asia Christiaan nut at the meeting , which was held in Baghdad about the possibilities that increase state revenues, including the activation of taxes and those imposed on non - oil products, pointing out that «tariffs ranged from 5 percent to 10 percent», considering it «is not the correct way in which the customs revenue pool.»

He stressed the need to «change this way for up to 30 percent».

He said that « the fastest gains and revenues resulting from the regulation and taxation unit, and these significant revenue achieved as imposing on a slice of big dealers».

Coconut called « a recruitment freeze until the development of management, because the high proportion of staff in the civil service was a way to satisfy some of their employment without regard to efficiency, this system will lead to a deficit over the next ten years».

He pointed to « the problem of the weakness of the banking sector and the importance of strengthening business through bank restructuring« Rafidain »and« rational »government, and wide open space in front of private banks with the need to assess the weaknesses and the correct foundations for the fight against money laundering, it can resort to the Integrity Commission and specialized organizations» .

He noted. «Progress made by the Office of Financial Supervision in the audit of transactions unaudited»

The Economist said Ibrahim Al-Baghdadi in the intervention, Iraq «tariff sales began which increased resources in some customs ports to more than 30 times, electricity collection rose 20 times, and the Ministry of electricity power companies fees collection under investment contracts, started to show positive results»

He stressed that « the payment of dues market will move the wheel and handling weak liquidity in the markets, which affected the individual and small business income level.»

The head of the Federation of Iraqi Contractors Ali Snava, b « the launch of arrears of transactions audited by the Office of Financial Supervision».

He said that « the Federation of Contractors comprises 34 thousand contractors, and gets a large part of their suffering in the tax calculation stage, because the amounts of tax deductions reserved to the provinces». And it considered the economic researcher Lubna al - Shammari, that « the banking sector reform is a gateway to diverse investments to Iraq».

http://newsabah.com/newspaper/120409

Frank26:  And don't You just LOVE it !!!? 
************

Samson:  LIBERATION OF MOSUL REVIVES ECONOMY IN KURDISTAN: OFFICIAL

6th May, 2017

The constant liberation of territories in Mosul has positively impacted the investments in the Kurdistan Region, said an official.

“There has been progress in the markets of Kurdistan Region as well as its domestic and foreign investment, and these are all connected to the liberation of [the majority] of Mosul from Daesh [IS],” said Yasin Mahmoud, a spokesperson for the Board of Investment.

He noted that foreign investors had suspended their projects due to the security crisis caused by IS' presence in northern Iraq, and now they are resuming their work as the group is nearing its end.

“Nearly $30 billion was allocated to reconstruct Mosul [after the complete defeat of IS], which is expected to benefit the Kurdistan Region’s economy,” Mahmoud stated.

He further revealed that Kurdistan Regional Government (KRG) has also designed an extensive plan for 2017 which will help the revival of its economy.

http://iraqdailyjournal.com/story-z15235196

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.