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Wednesday, January 7, 2015

MILLIONDAY WEDNESDAY EVENING, 7 JAN

Millionday: Tgb directed a number of economists and those interested to the founding of Iraq Economic Forum, aimed at the advancement of the Iraqi market (labor, trade, construction, finance and tourism) market through the development of strategies for the achievement of economic development after the unification of the private sector's efforts in policy the obvious economic of the country.

Millionday: NOTE -- THIS IS OBVIOUSLY FOR THE ADVANCEMENT OF THE MARKET ECONOMY DUE TO THE GDP AND THE % LISTED HERE -- TO BE AFTER THE POLICY ACTIVATION OF THE COUNTRY ECONOMY -- NICE TO SEE
Millionday: It has been met with a proposed business Fares the man Salman in this regard accepted by a number of economists elite in order to unify the voice of the private sector and his address with the state for the purpose of presenting their needs and problems and ways to solve them away from the demands of Ferdih.waodh the Salman "morning" that this goal Forum is moving to develop strategic plans for the advancement of the national economy, accompanied by parallel plans and scenarios alternative adapt to the immediate economic changes in order to reach the goal.

Millionday: NOTE -- THIS ECONOMIC FORUM IS A PLACE FOR ALL PRIVATE SECTORS TO GO FOR ANSWERS ETC -- ONE STOP SHOP TO TAKE CARE OF ISSUES

Millionday: NOTE -- READ EVERY WORD OF THIS
Millionday: For his part, noted economist appearance of Mohammed Saleh said the forum will go out to submit proposals to address the economic distortions, away from the loaded state any obligations: but paints a way for nature to deal with the objectives of the stage and the transition towards a market economy.
And that stage requires break into the market by the private sector and work to achieve and demonstrate the impact of the activity in it by making efforts to attract capital immigrant and work partnerships with large foreign companies that you find in the Iraqi market and promising.

Millionday: NOTE - THIS IS A STEP TO MOVE TO A MARKET ECONOMY AND ALSO TO HELP COMPANIES COMING IN TO IRAQ -- WONDERFUL
Millionday: He returned the founding committee of the member Salman indicates that the content of the Forum is the international economic annually provides counseling and advice is not bound by the decision-makers of politicians, businessmen and discusses the economic problems facing human civilization, and the same time is a local forum annually submit to the decision-makers of politicians (government and parliament, civil society, professional organizations, and businessmen) brush of the solutions to the economic problems facing the country and the Iraqi economy and puts free then the recruiting impact solutions.

Millionday: He said that the forum will draw non-binding state economic plans in order to serve the interests of Iraq as a state (government and people), as well as a development plan long-term (50 years), which in turn include 5 decimal plans every ten-year plan includes two plans Khmsatin, and all five-year plan include five annual plans that are evaluated performance on a quarterly basis (every 3 months) to correct the path and develop alternative plans to cope with the reality of the market changes in order to serve the implementation of development plans and not be deflected from its course in terms of performance and goals, and times and costs.

Millionday: NOTE -- SO THE ECONOIC FORUM IS TO HELP AND ALSO REVIEW GOALS OF THE COUNTRY ECONOMICALLY -- HOWEVER THE BEST PART IS THEY HAVE FREEDOMS TO MAKE THEIR OWN BUSINESS DECISIONS -- THEY WILL GET USED TO IT AND ENJOY IT AS WELL
Millionday: He pointed out that stimulate the national economy and diversify its resources factor and re-energized and a fundamental change in it and improve the business environment within the legal, regulatory and structural their frames, which works out of the private sector in order to progress to the dialogue and partnership between the market and the government is aimed at policy-making and legislation and structural implementation of the transmission of the private sector to lead the market.

Millionday: NOTE -- THE GOV POSITION IS TO MAKE SURE THE LEGISLATION IS THE BEST IT CAN BE FOR THE MOVE OF THE MARKET
Millionday: It projects Forum to work on the implementation of the strategy and the private law sector investment and privatization and Ray own sector, as well as the activation of a draft anti-dumping commodity laws, local product protection, consumer protection, commercial agencies PPP bilateral economic agreements and a joint strategy, as well as resource development of non-oil (livestock, agricultural, National Seed Bank) through investment Pension Fund / care funds minors / Endowments
The economic expert on behalf of Jamil said that the forum is a supportive step for the local economy, comes along the lines of the Davos World Economic Forum, pointing out that the city of Baghdad possesses the qualifications of the founding of this Economic Forum is important.

Millionday: NOTE -- AS WE SEE THIS IS ALSO THE COMMERCE PRIORITIES AND ALSO THE CLEAN ENERGY THEY HAVE BEEN TALKING ABOUT -- IT WILL COMPLY WITH THE INTERNATIONAL COMPLIANCE -- VERY GOOD NEWS AND HUGE HUGE NEWS AND PROGRESS FOR THEIR MARKET
Millionday: He pointed to the possibility of a commitment to produce recommendations The Forum and flowing into the local economy in all sectors of production and service service. The economic expert Samir Nasiri was described as a non-governmental organization of independent non-profit (non-profit), a forum for the private sector Iraqi all Athadath and its organizations and its representatives and its institutions and its and Characters with experts in finance and economics and interweaving their visions through a partnership with the government of dialogue in order to liberalize the market and his future and the creation of a favorable investment climate accordance with a phased look consistent with the government's economic approach to the program and look at the strategy is consistent with what was stated in Article (25) of the Constitution.

Millionday: SO AS WE SEE THIS IS THE ONE STOP SHOP AND RELEASE OF ALL PLANS BUSINESS--INVESTMENT-- AND MARKET -- GREAT NEWS WHOOOPOW
The Shoe: So is this all active as of today? Sounds fantastic!
Millionday: THEY HAVE ESTABLISHED ALL QUALIFICATIONS AND HAVE ANNOUNCED IT TO THEIR PUBLIC AS OF TOMORROW MORN
Millionday: IT HAS BEEN DECLARED
Binnacle: Do we have a link to the original article on the above?
Millionday: IT IS ALL BEING COPIED
Millionday: AND RUDIE WILL POST THE NEWSTIME AT THE END FOR YOU TO READ AGAIN
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Millionday: AND THIS IS WHAT MANY OF YOU HAVE BEEN WAITING FOR
Millionday: economic academic Dr. Isam Muhammad: The launch and encourage the public to trading as an investment with a good financial returns of Treasury bonds would do the activity of this type of trading at a time when the country needs to finance the budget deficit by borrowing Aldakhala.oadav Mohammed told "morning" that government bonds is one of the means of monetary policy, but not circulated the public not to launch bonds by the Ministry of Finance since the duration of the hand, and the weakness of financial awareness among the citizens on the other.
He predicted that traders accept the Iraq Stock Exchange and have experience to buy These bonds to advance their knowledge of the profits Stderha they purchase, because the Iraqi government bonds desirable because of its features.

Millionday: WHOOOPOW ---- TREASURY BONDS ON THE ISX AND READY TO GO -- LOVE IT
Millionday: REMEMBER THAT THE 11TH ISX OPENS BACK UP
Millionday: LOVE IT
Millionday: GREAT NEWS

Imperator: Î HAD TO READ THAT TWICE!
mrref1216: ISX and CBI ready to go
Millionday: I HEAR YA ME TOO!!!! WHOOOPOW SO THAT IS SOMETHING NEW WE SHOULD SEE WHEN ISX OPENS BACK UP
quicktolegit96: so that means what exactly?
Millionday: THAT MEANS THAT JUST LIKE THE US BONDS AND MANY COUNTRIES -- INVESTORS WILL BE ABLE TO INVEST ON THE ISX IN IRAQ THROUGH THE PURCHASE OF BONDS THAT WILL MATURE WITH GAINS AS THEY GROW THEY HOPE
Danalivin4HIM: will they do that at the reality rate? or at the imposed rate?
Millionday: WE SHALL SEE -- I WOULD GUESS REALITY AND CALCULATED AS INTERNATIONAL COMPLIANCE BUT WE SHALL SEE IF THEY ARE READY TO GO
Millionday: OH HUN WE ARE PRAYING
Millionday: SMILE
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Millionday: REUTERS
Millionday: NOTE --HUGE NEWS
Millionday: Economic Commission parliamentary announced the possibility of a reduction in the federal budget for the 2015 deficit.
The committee member said Jawad al-Bolani in a press statement that "there is a possibility to follow the budget deficit and reduced administration."
He noted that "deficit reduction is through the Central Bank's support for activities that will help us to overcome the economic downturn. "
He stressed the need to "provide financial institutions special activities to move the market."

Millionday: NOTE -- CBI IS SAYING THAT STRATEGIC MOVE TO THE MARKET IS GOING TO HELP MINIMIZE BUDGET
Millionday: He said al-Bolani said "the draft budget is currently in Parliament had studied experts, academics and all those interested in the budget as one of the important topics and sensitive."
He said the committee is continuing to Follow-up to the government's economic plans, pointing to encourage investment and reactivate agriculture and industry sectors to add other financial resources other than oil to the general budget.
The budget deficit in 2015 amounted to 25 trillion dinars from the size of the budget of 125 trillion dinars.
It is worth mentioning that the year 2014 has seen the adoption of the budget General for Iraq.

Millionday: SO THEY HAVE FINISHED THE 2014 BUDGET AND HAVE ALSO DECIDED THE MOVE TO THE MARKET IS THE BEST WAY TO MINIMIZE THE DEFICIT -- NICE
Millionday: ARTICLE 25 OF THE CONSTITUTION AS WRITTEN

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Millionday: THIS IS TOMORROW
Millionday: AGENDA OF PARLIAMENT


Millionday: Agenda of the meeting (2) Thursday (8) in January 2015
First, read verses from the Koran.
Second: The vote on the draft of the Ministry of Health Act. ( for the Health and Environment Committee , the Legal Committee ). (Article 21).

Third: The vote on the formation of the investigative committee for the fall of Mosul.
Fourth: the continuation of the second reading and discussion of the draft general budget of the Federal Act of 2015 ( the Finance Committee ).
Fifth: The first reading of the draft law and the ratification of the letters exchange of notes and minutes of discussions on the Japanese loan to signed on 02.16.2014 the Republic of Iraq. ( Foreign Relations Committee , the Finance Committee ), (2 items).

Millionday: NOTE -- WE HAVE THE LAST DISCUSSION OF THE 2015 BUDGET AND ALSO WHAT TO DO ON MOSUL AND JAPANESE AGREEMENT

Millionday: Sixth: The first reading of the draft accession of the Republic of Iraq to the International Convention for the Law on Road Traffic of 1968 and the European Agreement supplementing her for the year 2006. ( Commission services and reconstruction). (Article 2).

Seventh: The first reading of the draft law on political parties. ( Legal Committee , the Committee on civil society institutions ). (Article 69).
Eighth: the second reading of the draft law regulating the work of advisers. ( Legal Committee ). (Article 5).

Millionday: NOTE -- LAW OF PARTIES
Millionday: NOTE -- ADVISORS WORK DISTRIBUTION


Millionday: IX: The second reading of the bill to establish the Aliens Act. (Commission on Security and Defense, the Legal Committee ). (Article 55).
Session begins at: eleven in the morning.

Millionday: OH AND ECONOMIC GROUP WE JUST DISCUSSED
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Millionday: WHOOOPOW >>>
Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.

Millionday: Announced the legal department at the General Secretariat of the Council of Ministers, on Wednesday, 11 on the completion of the project and two international agreements and six MoUs law during the last three months of 2014.

Department of the Office of Information and government communication, said in a statement reported for "Twilight News", that the most prominent laws of completed projects during the fourth quarter of last year, is the law of accountability and justice, and the prohibition of the Baath Party, and the draft of the General Authority to ensure the regions and governorates not organized the rights of the province of the law in a fair participation in the various state institutions management and
Millionday: NOTE -- WE HAVE THE LAW OF ACCOUNTABILITY AND JUSTICE AND GEN AUTHORITY ON BORDERS ETC -- ALONG WITH CIVIL SERVICE LAW LAWS OF THE AUTO IN THE LAND AND PUBLIC CONSULTANTS
Millionday: Legal department said it has completed a draft diplomatic passport holders agreement, private or service from entering between Iraq and Armenia feature, and a draft of Iraq's accession to the United Nations immunities of States and their property Convention on jurisdictional law, in addition to the six memoranda of understanding with Turkey, Australia, Serbia, and the Iraqi ministries .
Millionday: NOTE -- ADMISSION TO UN AND ALSO PASSPORT HOLDER AGREEMENTS WITH SOME

Millionday: LOOK AT THE NUMBERS THERE >>
According to the statement, the litigation department in the legal department of the General Secretariat of the Council of Ministers has completed 193 administrative, civil, and criminal investigative and other proceedings, in addition to the 850 functionally request.

Millionday: NICE -- BETTER THAN THE CONSTANT STANDING STILL
Millionday: SMILE
misterq: OK......Sorry about that.....Is the 2015 budget out ( public) in ink???
Millionday: THEY STATED THAT IT WAS AS OF TODAY
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Millionday: NOTE -- THIS IS GREAT NEWS
Millionday: Finance Committee in the House of Representatives confirmed the possibility of the use of the amounts in the reconstruction of Iraq Fund of the United States of America (DFI), amounting to about two billion dollars to fill part of the budget 2015 deficit, denying the rumors about the fund in which $ 100 billion.
The Member Services Committee and reconstruction parliamentary Emotions grace, called using reserve Iraq in the Fund (DFI) in which up amounts to about $ 100 billion to address the financial crisis experienced by the country.
Committee member Jabbar al-Abadi, said in a statement the "morning": that government can exploit the amounts in the fund and that a little more than two billion dollars, adding,

Millionday: NOTE -- THE USE OF DFI TO MINIMIZE THE DEFICIT
Millionday: "However, it will not solve the economic crisis of the country I said."
For his part, Economic Adviser to the Prime Minister the appearance of Mohammed Saleh said that Article 26 of Law 56 of 2004 of the Central Bank Act prohibits government loan of currency in reserve and it's $ 79 billion, unless there is a legislative amendment allows Bakannouna Bzlk.waodh favor of the "morning", said the 2015 budget deficit financing sources could be through the banks or the public as a kind of domestic borrowing, while external borrowing may be through the International Monetary Fund the World Bank or from loans paid on credit by international companies implementing projects in Iraq, and therefore, the project borrowing too much status of sources of funding, but did not mention the funding through the central bank reserves because he knows that it is prohibited under the law.

Millionday: NOTE -- SO IT MAY OR MAY NOT HAPPEN AS WE SEE
Millionday: It is said that the amount of the financial budget for this year amounted to 123 trillion dinars deficit of $ 25 trillion dinars, which prompted the government to take measures aimed at reducing spending and abandon luxuries in order to avoid wasting public money and to cope with the economic crisis, which resulted from the deterioration of oil prices on global markets, amid assurances that the importance of finding other resources is Oil on the grounds that the country is rich and has a lot of good things, but agriculture, industry, trade and other sectors need to be enabled to achieve the desired goal.
Millionday: SO AS WE SEE THEY ARE PREPARING TO MOVE FORWARD AND ARE MAKING MOVES TO DO SO

Millionday: END OF REPORT -- WORKING TOGETHER AS A COUNTRY I THINK THAT IS THE BEST OF ALL -- MAJOR BLESSING AFTER ALL THE YEARS OF FIGHTING --- BIBLICAL

lstar877: when u say forward ... is this regarding international status? I'm thinking international is the thing that will require a new rate.
Millionday: FORWARD WITH THIER MARKET AND THAT WILL BE INTERNATIONAL TRADE -- A MARKET ECONOMY IS SUPPLY AND DEMAND AND WILL BE GLOBAL ACCORDING TO THEIR REPORTS
Papatom: the dFI fund was designated for Infrastructure rebuilding as I remember....using it for deficit reduction seem smart as the deficit comes from the need for infrastructure...right? and is the sentence that says agriculture, industry, trade and other sectors need to be enabled speaking about a market economy?
Millionday: I AGREE AND YES IT IS SMART -- YES THE SENTENCE ABOUT THE % OF GDP IS THEIR MARKET OTHER OIL AND ALL PRODUCTS ETC -- GOOD POINT
Danalivin4HIM: I'm sorry to interrupt, the last article before this one, did they pass the budget or did they put it off til Thursday?
Millionday: Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.
Millionday: ACCORDING TO THIS IT WAS READ AND PUBLISHED
Millionday: SO NOW THE VOTE OR THE VOTE HAPPENED -- WE WILL KNOW TOMORROW OR A DAY OR SO
GrannieAnnie: MD was it published in the Gazette?
Millionday: IT DOES NOT SAY THE GAZETTE -- I WOULD SAY ITS COMPLETION WAS PRINTED AND IS DONE TO BE VOTED AND PRINTED IN GAZETTE
paul-o: oops didn't mean to hit enter -dang it. Ok. so if they finish the 2nd reading tomorrow, don't they still need a 3rd reading? And is there a mandatory 4 day wait between the two? And you said they vote on they may vote on the budget tomorrow or sunday?
Millionday: THEY HAVE CHANGED THE RULES SOME TO EXPEDITE THE BUDGET SO WE SHALL SEE IF THEY WAIT THE FOUR DAYS THEY STATED THEY WOULD READ THE SECOND TIME AND VOTE IN ONE DAY SO WE SHALL SEE
Millionday: TODAY WAS SECOND READING

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