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Thursday, August 13, 2015

BLC Admin Tlm724 News & Comments 8-13-15

Morning News Comments 08/13/2015

Iraqi government approaching Arab and foreign countries to account for the assets and property of officials abroad

[Rocky] European Press Agency in Arabic "Euro Arab Press has learned" that the Iraqi prime minister Haider al-Abadi begun to address many of the world in order to inventory the assets and property of the Iraqi officials abroad as part of reforms launched by al-Abadi to fight rampant corruption in the Iraq campaign.

An informed source in the prime minister in Iraq, in a statement to the correspondent of "euro-Presse Arab by telephone, said Abadi addressed (18) Arab and foreign countries to detect balances and property of the Iraqi officials,
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to begin after the judicial investigations in terms of" Where did you get this, "declared the Prime Minister in his reform program which was approved by the Iraqi parliament in its meeting held on Tuesday.

[tlm724] thanks Rocky it's gettin hot in Baghdad !!

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Kurdistan: the next stage will be the toughest in the work of al-Abadi

[tlm724] the alliance strongly supports the reform and papers

[tlm724] thats good !

[tlm724] indicating that the next phase will be more difficult in the work of Haider al-Abadi.

[tlm724] yep the hard part starts now, weed the garden then get it to grow !

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Central Bank puts the finishing touches to lend to five trillion dinars mechanisms

[tlm724] the finalization of the mechanisms and regulations and the priority of lending five trillion allocated to the banks sector dinars.

[tlm724] Committee completed its work and put the finishing touches on the mechanisms and instructions and priority of lending five trillion allocated to the banks sector dinars.

[tlm724] nice we are about to see a huge shot of liquidity for Iraq !

[tlm724] the five trillion must lend to projects actually contribute to moving the wheel of the local economy.

[Shredd] good news indeed

[tlm724] yeah and great interest rate too 3%

[tlm724] Shredd they are restructuring the Rafidain and Rasheed banks too

[tlm724] here I'll show you :

Finance Minister discusses the re-structure of bank Rafidain and Rasheed 10/08/2015 16:49 Tomorrow Press / Baghdad: Discuss Finance Minister Hoshyar Zebari, on Monday, with the Governor of the Central Bank and the President of the Office of Financial Supervision and managers Rafidain and Rasheed restructuring of the two banks.

Zebari said in a statement received "tomorrow Press", a copy of which he "met with the Governor of the Central Bank and the President of the Office financial managers Rafidain and Rasheed and a number of the Ministry of Finance experts and Central Bank to consider the re-banking restructuring Rafidain and Rasheed control,

 through the banking system overall application and the possibility of increasing the capital of the two banks in order to enable the exercise of the comprehensive banking operation, including commercial banking.

[tlm724] to consider the re-banking restructuring Rafidain and Rasheed control, through the banking system overall application and the possibility of increasing the capital of the two banks in order to enable the exercise of the comprehensive banking operation, including commercial banking

He stressed "the need to make the repair financial and banking system in line with international standards, especially after the Iraq get a credit rating and became part of the movement of global capital markets ", stressing that" any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions.

[Shredd] Yes, I read that....very good regarding capital which equals greater lending capability

[tlm724] and that lending creates businesses which keeps the economic wheel turning

[tlm724] any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions.

[Shredd] yes, this is where investing starts...lending

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Bayraktar: 25 ministers been sentenced and arrested some of them diary Harbin outside Iraq

[tlm724] judiciary, Thursday, the issuance of provisions and memoranda of arrest warrants against 25 former minister and now some of them Harbin outside Iraq

[tlm724] go get em !   Suspect 

[tlm724] "these verdicts came according to the campaign launched by the government to hold accountable the perpetrators of corruption, and bring them to justice

[tlm724] thats was really fast !

[Shredd] fast is good

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Saleh appearance: directed government to move the productive sectors

[tlm724] within its reform program to achieve structural balance of the Iraqi economy

[tlm724] to move the productive sectors and the shift towards a free market economy

[tlm724] loving that ! Sure took alot to get it going though

[tlm724] He also noted that Market protection is also achieved through the application of legislator and the window to protect the national product and to ensure a free market in the country of laws such as laws tariffs, and the protection of the national product, consumer, and competitive, and other laws and decrees and regulations about travel of and protection (5000), stressing that this the three pillars will form the so-called social market.

[tlm724] these laws and tariffs are what will make money and protect it also

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Researcher: Central and loans reforms CFS will kick economy

[tlm724] thanks to synchronize campaign reforms with the central bank's actions in firing loan specialist for banks would promote the country's economy and enhance investment opportunities and allow the private sector to take active role in the construction and development process

[tlm724] that says it all, reform the economy from the top to bottom with the laws to support and protect, it's all about the money honey

[tlm724] She stressed the researcher the importance of expediting the legislation of economic laws to Ataatqata with the laws in force or consolidated in line with the stage through Iraq out of economic openness and market economy after entering liberates a large proportion of the totalitarian economy, which is disproportionate Pat with the new Iraqi reality.

[tlm724] the importance of expediting the legislation of economic laws

[tlm724] new Iraqi reality !!! ya gotta love that..

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Amendments to the investment law .. Ask a Real Estate Investment ministries to create extra revenue

[tlm724] that the investment law will put to the vote during the next few days, adding that the law contains clauses meet the ambitious Arab investor and the Iraqi and foreign as well as meet the needs of the ministries that seek to engage in investment.

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(Updated) The agenda of the meeting No. (13) Saturday 15 August 2015

The agenda of the meeting No. (13) Saturday 15 August 2015

August 15, 2015

First, read verses from the Koran.       

Second: The vote on the draft labor law. ( Committee for Labor and Social Affairs , the Committee on civil society institutions , the Legal Committee , the Committee on Women, Family and Children). (Article 157).

Third: the first reading of the draft law to compensate victims of the camps seekers from the popular uprising. ( Legal Committee , the Committee on the deportees and displaced and expatriates). (Article 12).

Fourth: the first reading of the draft law of the Iraqi Council of Representatives. ( Legal Committee , the Finance Committee ). (Article 23).

Fifth: the first reading of the draft National Union of Students Iraq law. ( Commission on Higher Education and Scientific Research ). (27 articles).

Sixth: The first reading of the draft law Guild Iraqi academics. (Higher Education Commission, the Legal Committee , the Committee on civil society institutions ). (28 articles).

Seventh: The second reading of the draft included the Judicial Institute to the Judicial Authority Law. ( Legal Committee ). (Article 6).

Eighth: the second reading of the draft freedom of expression and assembly and peaceful protest law. ( Legal Committee , the Commission on Human Rights , the security and defense committee , the Committee on Culture and Information , the Committee of Religious Endowments and Religious Affairs ). (17 articles).

Ninth: The second reading of the draft reform law reviews and depositors. ( Committee for Labor and Social Affairs , the Legal Committee , the Committee on Security and Defense, the Commission on Human Rights ). (54 articles).

Session start time: ten in the morning.

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