Millionday News 12/9/15 Part 1 of 2
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Exciting Snippet from Page 2:
Millionday: INSTEAD OF JUST WORKING ON REMOVING TWO DECIMALS -- THEY WILL GO WITH THE EQUATION RESULTS
Holly1: what does that mean please
Millionday: GOOD GRIEF THIS IS SO EXCITING I CANT BELIEVE IT
Millionday: IT MEANS THAT TO Support the local currency strengthens international role AND THEY HAVE FOUND IT URGENT TO REVALUE THE DINAR BOTH IN THE COUNTRY AND OUT
Millionday News 12/9/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: Admitted deputy chairman of the economic and investment commission parliamentary Harith al-Harthy, Wednesday, the existence of frozen funds in the state treasury may help increase profits on Iraq if they are used properly, while noting that foreign loans weigh down the budget and paralyze the movement of investment in Iraq.
He said Al-Harthy's / scales News /, that "foreign loans return profits to the state that gave Iraq borrowing attributing the cause to the banks that offer loans came from the profitability of hand, leading to the addition amounts to these loans, which helps in the weights budget and paralyze investment movement."
Millionday: NOTE -- THE FROZEN FUNDS ARE POINTED TO THE LOAN SYSTEM AND WILL GAIN MONEY AS WELL -- MONEY MAKES MONEY
Millionday: He stressed "the need to find alternatives through borrowing from the central bank on Tragaha that are borrowing from international banks," referring to "the need to find solutions before resorting to borrowing from the World Bank."
He added that "Iraq has frozen funds in the state treasury and the borrowing of them the same conditions for the return to profits," stressing "the necessity of activating the money to help in supplying the country's economy"
Millionday: NOTE -- THE RELEASE OF THESE FUNDS FOR USE IS HUGE NEWS OBVIOUSLY AND WILL HELP IN THE DEFICIT THAT --- MAY--- OCCUR
Millionday: NOTE -- REMEMBER THEY ARE VOTING ON THE GLOBAL WEALTH FUND AND THIS IS FOR SURPLUS -- THINGS THAT MAKE YOU GO HMMM
Millionday: Parliamentary Finance Committee confirmed on Wednesday that the committee finished modifying 14 articles in the draft 2016 budget, as has shown that work is continuing to adjust the rest of the material.
He said the Commission's decision Ahmed Hama's / scales News /, "The committee ended the amendment of Article 14 in the draft 2016 budget," he said, adding that "the Commission amended its articles are not the most important of which belong to the Chief revenues and expenses."
Millionday: NOTE -- THE BUDGET IS BEING WORKED ON AND ALOT GOT DONE TODAY AND WILL CONTINUE TOMORROW
Millionday: He added flesh, that he "may have been some initial adjustments in expenditure where she was in a draft financial budget draft the first version 106 trillion is now 105 trillion a trillion and one" teams "and revenue was 83 trillion has become 81 trillion," stressing that "work is continuing by the Commission Finance to amend the articles and the rest of the paragraphs of the budget. "
It is said that "the parliamentary finance committee confirmed that, earlier, that the 2016 budget will be free from any conflict between the political parties being free money"
Millionday: SO AS WE SEE THE WORK IS TO MINIMIZE THE EXPENSES
Tex1: Yahoo Free Money
Millionday: NOTHING LIKE IT MY FRIEND LOL
Millionday: WOW LOOK HOW MUCH THEY HAVE SAVED -- TRILLIONS -- NICE
Millionday: There are strong economic convinced that the decline in Iraqi dinar exchange rate with a surplus in the balance of payments reflects the fact that the national currency undervalued real value, so there is an urgent need for action to raise the value of the dinar in the exchange market through direct and constant intervention of the Central Bank of Iraq to reduce the sale price The dollar against the dinar in the currency auction.
Millionday: NOTE -- THERE IS AN URGENT NEED TO REVALUE
Millionday: WHOOPOW
Millionday: NOTE -- READ EVERY WORD -- THIS REPORT IS HUGE AND VERY VERY IMPORTANT
Millionday: This trend has formed the basis points in the direction of strengthening the exchange value of the dinar against the dollar, by taking administrative decisions in a row by the monetary authority, this argument completely intact from the point of economic analysis.
Millionday: NOTE -- DUE TO ECONOMIC ANALYSIS -- THE RESULT IS THAT IT IS URGENT TO REVALUE THE UNDER VALUED DINAR AGAINST INTERNATIONAL CURRENCY AND THE VALUE WITHIN THE COUNTRY
Millionday: Within this academic-oriented confirmed d. Awad Fadhil according to (Center Brief Media) The importance of this road in the exchange rate management to be desirable high domestic inflation rate, and raise the value of national currency against the dollar from 2004 until the first quarter of 2010 was in line with the objective to be achieved, a stop rising in the general level of prices, and strive to reduce the rate of inflation at acceptable levels economically, but
Millionday: NOTE -- THE PRICES NEED TO ALSO BE ADJUSTED TO GENERAL LEVEL PRICING AS WELL
Millionday: who got to the monetary authority continued in their approach to lift the value of the dinar against the dollar (ie reduce the value of the dollar denominated in dinars) after the decline in the rate of inflation and to control it and install the official exchange rate at a level may not not necessarily reflect the level of equilibrium in the market.
and when you return to economic indicators easily realize that increasing the degree of intervention in the exchange market and the persistent administrative move towards the low value of the dollar or the selling price was not officially compatible with macroeconomic fundamentals.
Millionday: NOTE - THE DINARS NEED TO BE REDENOMINATED AS WELL OBVIOUSLY -- WITH CONSTANT INTERVENTION IN THE MARKET TO AVOID INFLATION FOR IRAQ
Millionday: He d. Awad when devoting the vast proportion of resources in favor of current consumption with limited capacity in the absorptive INVESTING energy, low competitiveness of industries producing goods traded (except oil), and the tyranny of service activities and the acceleration of price levels and the high level of unemployment and the decline in the relative productivity of industrial and agricultural sector and high production costs All of this leads to the effect of brake on the development of the economy.
Millionday: NOTE -- THIS IS ALL FOR THE DEVELOPMENT OF IRAQ`S ECONOMY AND DOES NOT INCLUDE THE PRICE OF OIL BECAUSE IT IS PRICED IN THE MARKET AS GOLD IS
Millionday: He said it was practically impossible that a single monetary tool you can achieve more than one goal has not been used other tools to achieve private financial and structural necessary adjustments, including help to put the economy on track, the doses successive amendment exchange rate administratively was in itself incompatible with the economy as a whole,
as a result of this situation that eventually become the national market value of the national currency is determined in response to market forces, which in turn reflect the economic and political situations of unwanted in the country.
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: Admitted deputy chairman of the economic and investment commission parliamentary Harith al-Harthy, Wednesday, the existence of frozen funds in the state treasury may help increase profits on Iraq if they are used properly, while noting that foreign loans weigh down the budget and paralyze the movement of investment in Iraq.
He said Al-Harthy's / scales News /, that "foreign loans return profits to the state that gave Iraq borrowing attributing the cause to the banks that offer loans came from the profitability of hand, leading to the addition amounts to these loans, which helps in the weights budget and paralyze investment movement."
Millionday: NOTE -- THE FROZEN FUNDS ARE POINTED TO THE LOAN SYSTEM AND WILL GAIN MONEY AS WELL -- MONEY MAKES MONEY
Millionday: He stressed "the need to find alternatives through borrowing from the central bank on Tragaha that are borrowing from international banks," referring to "the need to find solutions before resorting to borrowing from the World Bank."
He added that "Iraq has frozen funds in the state treasury and the borrowing of them the same conditions for the return to profits," stressing "the necessity of activating the money to help in supplying the country's economy"
Millionday: NOTE -- THE RELEASE OF THESE FUNDS FOR USE IS HUGE NEWS OBVIOUSLY AND WILL HELP IN THE DEFICIT THAT --- MAY--- OCCUR
Millionday: NOTE -- REMEMBER THEY ARE VOTING ON THE GLOBAL WEALTH FUND AND THIS IS FOR SURPLUS -- THINGS THAT MAKE YOU GO HMMM
Millionday: Parliamentary Finance Committee confirmed on Wednesday that the committee finished modifying 14 articles in the draft 2016 budget, as has shown that work is continuing to adjust the rest of the material.
He said the Commission's decision Ahmed Hama's / scales News /, "The committee ended the amendment of Article 14 in the draft 2016 budget," he said, adding that "the Commission amended its articles are not the most important of which belong to the Chief revenues and expenses."
Millionday: NOTE -- THE BUDGET IS BEING WORKED ON AND ALOT GOT DONE TODAY AND WILL CONTINUE TOMORROW
Millionday: He added flesh, that he "may have been some initial adjustments in expenditure where she was in a draft financial budget draft the first version 106 trillion is now 105 trillion a trillion and one" teams "and revenue was 83 trillion has become 81 trillion," stressing that "work is continuing by the Commission Finance to amend the articles and the rest of the paragraphs of the budget. "
It is said that "the parliamentary finance committee confirmed that, earlier, that the 2016 budget will be free from any conflict between the political parties being free money"
Millionday: SO AS WE SEE THE WORK IS TO MINIMIZE THE EXPENSES
Tex1: Yahoo Free Money
Millionday: NOTHING LIKE IT MY FRIEND LOL
Millionday: WOW LOOK HOW MUCH THEY HAVE SAVED -- TRILLIONS -- NICE
Millionday: There are strong economic convinced that the decline in Iraqi dinar exchange rate with a surplus in the balance of payments reflects the fact that the national currency undervalued real value, so there is an urgent need for action to raise the value of the dinar in the exchange market through direct and constant intervention of the Central Bank of Iraq to reduce the sale price The dollar against the dinar in the currency auction.
Millionday: NOTE -- THERE IS AN URGENT NEED TO REVALUE
Millionday: WHOOPOW
Millionday: NOTE -- READ EVERY WORD -- THIS REPORT IS HUGE AND VERY VERY IMPORTANT
Millionday: This trend has formed the basis points in the direction of strengthening the exchange value of the dinar against the dollar, by taking administrative decisions in a row by the monetary authority, this argument completely intact from the point of economic analysis.
Millionday: NOTE -- DUE TO ECONOMIC ANALYSIS -- THE RESULT IS THAT IT IS URGENT TO REVALUE THE UNDER VALUED DINAR AGAINST INTERNATIONAL CURRENCY AND THE VALUE WITHIN THE COUNTRY
Millionday: Within this academic-oriented confirmed d. Awad Fadhil according to (Center Brief Media) The importance of this road in the exchange rate management to be desirable high domestic inflation rate, and raise the value of national currency against the dollar from 2004 until the first quarter of 2010 was in line with the objective to be achieved, a stop rising in the general level of prices, and strive to reduce the rate of inflation at acceptable levels economically, but
Millionday: NOTE -- THE PRICES NEED TO ALSO BE ADJUSTED TO GENERAL LEVEL PRICING AS WELL
Millionday: who got to the monetary authority continued in their approach to lift the value of the dinar against the dollar (ie reduce the value of the dollar denominated in dinars) after the decline in the rate of inflation and to control it and install the official exchange rate at a level may not not necessarily reflect the level of equilibrium in the market.
and when you return to economic indicators easily realize that increasing the degree of intervention in the exchange market and the persistent administrative move towards the low value of the dollar or the selling price was not officially compatible with macroeconomic fundamentals.
Millionday: NOTE - THE DINARS NEED TO BE REDENOMINATED AS WELL OBVIOUSLY -- WITH CONSTANT INTERVENTION IN THE MARKET TO AVOID INFLATION FOR IRAQ
Millionday: He d. Awad when devoting the vast proportion of resources in favor of current consumption with limited capacity in the absorptive INVESTING energy, low competitiveness of industries producing goods traded (except oil), and the tyranny of service activities and the acceleration of price levels and the high level of unemployment and the decline in the relative productivity of industrial and agricultural sector and high production costs All of this leads to the effect of brake on the development of the economy.
Millionday: NOTE -- THIS IS ALL FOR THE DEVELOPMENT OF IRAQ`S ECONOMY AND DOES NOT INCLUDE THE PRICE OF OIL BECAUSE IT IS PRICED IN THE MARKET AS GOLD IS
Millionday: He said it was practically impossible that a single monetary tool you can achieve more than one goal has not been used other tools to achieve private financial and structural necessary adjustments, including help to put the economy on track, the doses successive amendment exchange rate administratively was in itself incompatible with the economy as a whole,
as a result of this situation that eventually become the national market value of the national currency is determined in response to market forces, which in turn reflect the economic and political situations of unwanted in the country.
Millionday: NOTE --- THIS ALL HAS TO BE DONE AT ONCE AND IS DONE THROUGH THE NATIONAL MARKET VALUE -- THIS IS DISCOVERED THROUGH THE GLOBAL PRICING INDEX (INTERNATIONAL EQUATION)
Millionday: It is normal in this case to become the nominal exchange rate local currency denominated higher than its market value any higher than its equilibrium, reflecting the possibility of the dinar exchange in the market price moved to a lower level than the level at which settled upon by government intervention and the imposition of an administrative decision.
Millionday: NOTE -- THEY HAVE DECIDED THAT STARTING A LITTLE HIGHER WILL PREVENT MANY ADJUSTMENTS IN THEIR CONSTANT MONITORING
Millionday: He concluded by saying that this economic vision strengthened through the big difference between dollar sale scheduled at the central bank auction market price and the price generated in the free market by supply and demand forces of reaction, since no longer the difference confined to the rank of decimal but exceeded for up to two places decimal places, and so is no longer within the limits or ranges acceptable economically at the international and local level.
Comments may made at the end of Part 2 Thank You
Millionday: It is normal in this case to become the nominal exchange rate local currency denominated higher than its market value any higher than its equilibrium, reflecting the possibility of the dinar exchange in the market price moved to a lower level than the level at which settled upon by government intervention and the imposition of an administrative decision.
Millionday: NOTE -- THEY HAVE DECIDED THAT STARTING A LITTLE HIGHER WILL PREVENT MANY ADJUSTMENTS IN THEIR CONSTANT MONITORING
Millionday: He concluded by saying that this economic vision strengthened through the big difference between dollar sale scheduled at the central bank auction market price and the price generated in the free market by supply and demand forces of reaction, since no longer the difference confined to the rank of decimal but exceeded for up to two places decimal places, and so is no longer within the limits or ranges acceptable economically at the international and local level.
Comments may made at the end of Part 2 Thank You
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