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Saturday, May 9, 2015

Millionday Friday Night News Part 1

Millionday 5/8/15  Part 1

Millionday: Economic Parliamentary Committee revealed, on Friday, the allocation of the Central Bank of billion dollars to activate the private banks sector, especially in the field of small and medium enterprises, and five billion dollars for the banks sector, 

while an economist saw that it came in line with the government's plan to activate the productive sectors and to avoid a crisis economic.

The Chairman of the Committee of Economy and parliamentary investment, Jawad al-Bolani, said in an interview to the (long-Presse), "The Central Bank of Iraq, devoted billion dollars to activate the private banks sector, especially in the field of small and medium enterprises, as achieve significant revenue and stir the labor market."

Millionday: NOTE -- CBI REVEALES THEY ARE ALLOCATING FUNDS TO ACTIVATE THE PRIVATE SECTOR AND ALL PRODUCTION SECTORS TO AVOID AN ECONOMIC CRISIS
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Millionday: He said al-Bolani, that "the central bank allocated five billion dollars to banks and other sectoral, such as industrial, agricultural, housing and real estate,"

he returned that "accomplishing great to support the private sector, and development of successful national industries, and reform of the national economy."

The Chairman of the Committee of Economy and parliamentary investment, that "the Commission will monitor the disbursement of these funds and spending in order to ensure employ about sound away from the wastage mechanisms,"

noting that "the central bank for small and medium-sized enterprises support involves a great benefit, for his contribution to the provision of job opportunities in the private and the reduction of unemployment sector" .

Millionday: NOTE -- THE ALLOCATION THAT CBI IS MAKING IS FOR THE ECONOMIC REFORM THROUGH SUPPORT OF THE PRIVATE SECTOR

Millionday: NOTE -- THIS WILL ALSO ADD JOB OPPORTUNITIES OF COURSE DUE TO THE FUNDING OF SMALL AND MEDIUM LOANS/BUSINESS

Millionday: Bolani said, that "the Commission and the competent counterpart to work, Sttaavan labor law legislation to ensure workers in the private sector rights."

For his part, he saw economic expert, on behalf of Antoine, that "the Central Bank has decided to lend to banks productivity, to enable them to cope with the scarcity of liquidity due to low oil prices."

Said Antoine, in an interview to the (long-Presse), "The central bank move to allocate five billion dollars for the banks sector came to finance the production process and create jobs and prevent a recession in the country," returned as "will fill a lot of government obligations to contractors and business owners."

Millionday: NOTE -- CBI HAS DECIDED TO FUND THE GOAL OF FINANCING THE PRODUCTIVE PROCESS AND THEIR ROLES ---- WITHIN THE REFORMS – WHOOOPOW

Millionday: NOTE -- THE MOVEMENT OF MONEY

Millionday: According to the economist, that "the central bank initiative will create new jobs, especially in the industry, in line with the government's plan to activate the productive sectors, to offset the decline in sales in the oil sector, and to prevent an economic crisis in the country."

The study estimated that the local government banks' capital reached until October of 2012 last end, a total of 754 billion dinars, compared with more than four billion dinars for private banks, and investment balances in banks operating in Iraq recorded up to 10/31/2012, ‘

a sum nearly six billion dinars (5.947), the share of government banks which amounted to 4.929 billion, compared to 1.018 billion for private banks.

Millionday: Deputy Chairman of the Parliamentary Committee on Economy and Investment, Harith al-Harthy guessed approval of the investment law by Majority During the current Legislative term.

He stated "we regret the delay in forming the investment law after the second reading, adding That "there are simple notes and change with some of the points, and will be reprinted That does not Affect the law."

Millionday: NOTE -- THE CHANGES BEING MADE ARE NOT PART OF THE LAW JUST THE WAY IT IS WRITTEN -- AND IT HAS BEEN READ TWICE SO NO HOLD UP OR AT LEAST FOR LONG JUST ADJUSTMENTS TO WORDING

Millionday: That Harthy said "the most important positives points in the law That we ' re working on is the issue of the single window, the staying of investors and the full government support and overcome the obstacles in front of them, "noting:" The law, after approving it, will be a strong impetus for the investment process.

Millionday: NOTE -- THE SINGLE WINDOW IS BEING SDDRESSED BETTER IN WORDING

Millionday: The House of Representatives ended in 28 are of month, the second reading of the Draft law of the Second Amendment to the Investment Law No. (13) For the year 2006.

Millionday: The Iraqi parliament seeks in its meeting on Thursday the adoption of the Federal Court Act deferred from previous sessions, and with bragging a lot of parliamentarians completion of law in record time,

 you see other parties that delaying the law comes to complete the discussions and not because of the political dispute that delayed approval of the law and passed for days other.

Millionday: Where confirms the National Alliance MP Zaher al-Abadi, said the approval of the law will be positive is calculated in accordance with the current parliamentary session and an episode of the series hopes laws citizen completed during the current session of Parliament.

He said al-Abadi told the "eye Iraq News" we "we hope that the parliament will vote on the law of the Federal Court yesterday for the arrival of the number of members of parliament to 250 deputy, but the differences between the political blocs have prevented it."

Millionday: NOTE --- THE POLITICAL BLOCS ARE NOT WORKING TOGETHER TO GET THE FEDERAL COURT ACT PASSED BUT WERE TO HAVE IT DONE TODAY

Millionday: Abadi and criticized the mechanism used to select members of the Federal Court for approval to choose according to national and religion so that it is within the structural Sunni and Shiite and Kurd.

And between Abadi said other dispute centered on the law of the Federal Court, headed by point, noting that some of the political blocs want to Presidency be composed of 3 members are added to the number of members of the Federal Court.

Millionday: NOTE -- THEY ARE ARFUING ABOUT WHO THE MEMBERS ARE -- ALL WANTING TO BE REPRESENTED

Millionday: "The agreement on the scholars of religion has not been decided so far and we figured this is another problem," he said, adding that to resolve the matter and vote on the law at today's meeting of the political blocs.

For his part, between the Kurdistan Alliance MP Majid Chenkali that the atmosphere of legislation law currently exist and most of the political parties want the law was passed.

Millionday: NOTE -- SO THE LAW IS AGREED ON -- THAT IS GREAT NEWS

Millionday: He Chenkali told the "eye Iraq News" that the Kurdistan Alliance does not want to disable the enactment of the law was also raised of fuss and accusations that Kurdistan wants to derail the legislation.

As pointed MP for the rule of law Huda carpets that political parties who Aehmha the necessary laws of the country to try to legislation Atmrr those laws, including the Federal Court Act.
Millionday: NOTE -- THE KURDS ARE SAYING THAT THEY DO NOT WANT THE LAWS HELD UP -- AND THEY WANT THE ENTIRE BASKET PASSED INCLUDING THE FEDERAL COURT ACT

Millionday: And it showed Sajjad told the "eye Iraq News" that the National Alliance pays the law of the legislation and the President of the House of Representatives wants the legislation to be counted Khassanh of his presidency during the current session and remained Kurdistan Alliance does not want the law was passed because of Ashkalath hand.

This was raised heated debate about the approval of the law and others that promise the toughest laws currently on the table in case Agherarah and agreed upon by the rest of the laws inevitably be passed

Millionday: SO I DO NOT KNOW WHAT ASHKALATH HAND IS BUT THE REST OF THE LAWS ARE DONE AND NOW THEY ARE WORKING ON AGREEMENT OF THE MEMBERS OF THE FEDERAL COURT ---

Millionday: Prime Minister Haider al-Abadi, Vice Chairman of the Board of Deputies of Syria, Sheikh Mohammed met in his office on Wednesday and stressed the government's commitment to the financial budget law to ensure all provinces quotas.

A statement by the Office Abadi agency {Euphrates News} received a copy of it on "The meeting discussed cooperation between the executive and legislative branches and the enactment of laws that serve the citizen and the victories achieved by the army, the police and the crowd and popular Peshmerga and the

maine: so is the money for the smart cards included in this money transfer?

Millionday: I HAVE SOMETHING ON THAT RIGHT NOW BUT NO I WOULD SAY IT IS NOT

Millionday: THIS IS FOR THE PRIVATE SECTOR FOR THE REFORMS -- THE PRIVATE SECTOR IS TO BACK THE ECONOMIC REFORM

Comments may be made at the end of Part 2  Thank You


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