Morning News Comments 04/29/2015
Najiba Najib: recent central bank measures to increase outlets sell the dollar will not dominate the local currency deterioration
[tlm724] indicating that, of the priorities of the Economic Commission agenda of the meeting today is to put measures in coordination with the central bank to reduce the dollar exchange rate in front of the Iraqi dinar and reduce the heigh
[tlm724] "the Economic Commission will put today's measures and proposals in coordination with the Central Bank in order to avoid the collapse of the local currency against the dollar,
[tlm724] recent measures taken by the Bank to open outlets to sell the dollar that will not work
[tlm724] will not work !
~~~
Najiba Najib: recent central bank measures to increase outlets sell the dollar will not dominate the local currency deterioration
[tlm724] indicating that, of the priorities of the Economic Commission agenda of the meeting today is to put measures in coordination with the central bank to reduce the dollar exchange rate in front of the Iraqi dinar and reduce the heigh
[tlm724] "the Economic Commission will put today's measures and proposals in coordination with the Central Bank in order to avoid the collapse of the local currency against the dollar,
[tlm724] recent measures taken by the Bank to open outlets to sell the dollar that will not work
[tlm724] will not work !
~~~
[tlm724] dogznova I translated that paragraph, have a look at the first one we saw then I will show the 2nd
The committee will go down on the central bank include increased dollar selling outlets dramatically and speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars, and cooperation with the ministry interested in the economic sector up production to increase non-oil exports to attract hard currency from other countries.
[tlm724] now the other translation:
And noted, "the Central Bank's actions will include increased outlets the dollar significantly and quickly put cash categories include a/50/a, a/100/1,000 dinars, and cooperating with the Ministry concerned with the economic sector to increase output to increase non-oil exports to attract hard currency from other countries."
speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars
http://ift.tt/1Gw6FE8
[tlm724] quickly put cash categories include a/50/a, a/100/1,000 dinars,
[dogznova] smalls?
[tlm724] see the part " a/50/ and a/100 " those are going to be 50 and 100 dinar notes IMO !
[tlm724] dogznova yep !
~~~
Baghdad and Erbil are seeking to unify the work tariff
[tlm724] central government and the Kurdistan Regional Government in Arbil yesterday talks to unify the work pricing of new tariffs on goods and goods received to the country.
[tlm724] they are going over the list
[tlm724] This comes at a time when traders and importers demonstrated and their agents in the port of Umm Qasr northern Tuesday , to protest against the application of labor new tariff in only port without circulated to provincial outlets.
[tlm724] it would be best to apply the tariffs equally throughout the country where ever there are imports
[tlm724] during a meeting the director general Customs KRG ways of activating the work pricing law the new customs tariff
[tlm724] Finance Minister Hoshyar Zebari held talks which focused on the importance of going out the results and so that customs regain work in all the country's ports, without exception, to impose a deliberate fees, proportionate to commercial imports.
The committee will go down on the central bank include increased dollar selling outlets dramatically and speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars, and cooperation with the ministry interested in the economic sector up production to increase non-oil exports to attract hard currency from other countries.
[tlm724] now the other translation:
And noted, "the Central Bank's actions will include increased outlets the dollar significantly and quickly put cash categories include a/50/a, a/100/1,000 dinars, and cooperating with the Ministry concerned with the economic sector to increase output to increase non-oil exports to attract hard currency from other countries."
speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars
http://ift.tt/1Gw6FE8
[tlm724] quickly put cash categories include a/50/a, a/100/1,000 dinars,
[dogznova] smalls?
[tlm724] see the part " a/50/ and a/100 " those are going to be 50 and 100 dinar notes IMO !
[tlm724] dogznova yep !
~~~
Baghdad and Erbil are seeking to unify the work tariff
[tlm724] central government and the Kurdistan Regional Government in Arbil yesterday talks to unify the work pricing of new tariffs on goods and goods received to the country.
[tlm724] they are going over the list
[tlm724] This comes at a time when traders and importers demonstrated and their agents in the port of Umm Qasr northern Tuesday , to protest against the application of labor new tariff in only port without circulated to provincial outlets.
[tlm724] it would be best to apply the tariffs equally throughout the country where ever there are imports
[tlm724] during a meeting the director general Customs KRG ways of activating the work pricing law the new customs tariff
[tlm724] Finance Minister Hoshyar Zebari held talks which focused on the importance of going out the results and so that customs regain work in all the country's ports, without exception, to impose a deliberate fees, proportionate to commercial imports.
[tlm724] MOF said so that customs regain work in all the country's ports, without exception !
[tlm724] indicating that «there is a change in the ratio of new pricing ranging tariffs between 5 percent to 30 percent, and could double to 50 percent in certain cases,
[tlm724] «protesters in the port of Umm Qasr northern staged yesterday on strike at the port, which led to the suspension of work at the port». traders, importers and appealed to the government to intervene to resolve their problem through reform of customs work and unite customs tariff,
[tlm724] as well as the cancellation of the extra fees that caused the rise in prices of goods in the local market
[tlm724] it appears like they are in the final stage of FULL implementation of the tariffs, MOF and CBI are setting the rates and insisting that they be applied !
[tlm724] the growing pains will hurt for a hot minute but there is NO choice in the matter , it is going forward despite the objections !
~~~
Parliamentary Finance: banks are smuggling hard currency entitled goods
[tlm724] noting that there are controls are procuring tax on such goods, with the need for the The goods are delivered within 30 days.
[tlm724] said that the parliamentary finance committee confirmed that the sale of the dollar to the private banks operations will be only twice per month
[tlm724] pointed out that this measure is aimed at the elimination of money-laundering operations
[tlm724] that the committee hosted the governor and directors of the Central Bank to discuss the issue of money laundering operations and the high price of the dollar, indicating that the bank's managers confirmed that they take appropriate measures to reduce the phenomenon of money laundering.
[tlm724] CBI crackin the money laundering *whip*
http://ift.tt/1dsHeMI
[tlm724] indicating that «there is a change in the ratio of new pricing ranging tariffs between 5 percent to 30 percent, and could double to 50 percent in certain cases,
[tlm724] «protesters in the port of Umm Qasr northern staged yesterday on strike at the port, which led to the suspension of work at the port». traders, importers and appealed to the government to intervene to resolve their problem through reform of customs work and unite customs tariff,
[tlm724] as well as the cancellation of the extra fees that caused the rise in prices of goods in the local market
[tlm724] it appears like they are in the final stage of FULL implementation of the tariffs, MOF and CBI are setting the rates and insisting that they be applied !
[tlm724] the growing pains will hurt for a hot minute but there is NO choice in the matter , it is going forward despite the objections !
~~~
Parliamentary Finance: banks are smuggling hard currency entitled goods
[tlm724] noting that there are controls are procuring tax on such goods, with the need for the The goods are delivered within 30 days.
[tlm724] said that the parliamentary finance committee confirmed that the sale of the dollar to the private banks operations will be only twice per month
[tlm724] pointed out that this measure is aimed at the elimination of money-laundering operations
[tlm724] that the committee hosted the governor and directors of the Central Bank to discuss the issue of money laundering operations and the high price of the dollar, indicating that the bank's managers confirmed that they take appropriate measures to reduce the phenomenon of money laundering.
[tlm724] CBI crackin the money laundering *whip*
http://ift.tt/1dsHeMI
via Dinar Recaps - Our Blog http://ift.tt/1Gw6FEa
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