Don't WAIT!

Friday, February 12, 2016

Dinar Updates Afternoon Chat 2-12-16   Part 2 of 2

Post From Dinar Updates 2-12-16
Excerpts & Highlights

Dinar Updates Member Afternoon Chat 2-12-16   Part 2 of 2

 rcookie says():   OK...NOW THEY WERE ALSO PART OF INTERDEPARTMENTAL WORKING GROUP (WG) FOR STRATEGIC ISSUES RELATED TO METACS PHASE IV RUNNING FROM MAY 2016-APRIL 2021...

rcookie says():   Working Group on METAC• An interdepartmental Working Group (WG) of IMF departments convened in September/October 2014 to consider strategic issues related to METAC’s Phase IV (May 2016-April 2021).
 
The WG discussed the possible expansion of METAC membership; sector priorities for METAC; resource planning for the next cycle; general budgetary issues, including those related to security constraints; fundraising strategy; member country contributions; the relationship between METAC and the CEF; and issues raised by the Mid-Term Evaluation.
 
rcookie says():   AND THE MAIN ISSUE IRAQ ADDRESSED WAS.....
 ~~~
rcookie says():   BANKING SUPERVISIONMACROECONOMIC STATISTICSü Iraq:Improvedcoverageofbalanceofpaymentsandinterna tional investment position statistics.PUBLIC FINANCIAL MANAGEMENTREVENUE ADMINISTRATION
 
rcookie says():   AND THE SETUP FOR 2016...  
 
rcookie says():   In Fiscal Year 2016, METAC plans to:• • Continue support to the Large Taxpayers’ Unit, and to the use of risk analysis and management.
 
• • Support the development of a comprehensive compliance program.
 
• • Support the use of complex, indirect tax audit techniques.
 
• • Support the development of a specific tax regime to address Small Businesses.
 
rcookie says():   ALL OF THOSE OBVIOUSLY HUGE IN PRIVATE SECTOR RELEVANCE...
subgirl says to rcookie():   (y)
 
jimplants says():   that says balance of payments AND INTERNATIONAL INVESTMENT POSITION
subgirl says to rcookie():   that is amazing!! :) thank you for this insight!!
 
rcookie says():   SECTION IV:OVERVIEW OF THE FY16 WORK PLAN
rcookie says to jimplants():   YES IT DOES....(y)
 
jimplants says():   A BRAVE NEW WORLD FOR THEM AND US
 
rcookie says():   PAGE 421. B. Macroeconomic Statistics (PAGE 45)Activities in macroeconomic statistics in FY16 will continue to focus on improving the quality, coverage and scope of NA, prices and the external sector statistics.
 
The work program in statistics is consistent with the RBM framework, and in line with STA and MCD strategies, also responds to member countries’ requests and benefits from METAC’s accumulated experience in the region. In particular, METAC will assist:
 
rcookie says():   NA= NATIONAL ACCOUNT....
rcookie says():   AND HERE ARE IRAQS SPECIFIC AREAS OF FOCUS...
 
rcookie says():   • Afghanistan, Egypt, Iraq, Jordan, Lebanon, Libya, Sudan, WBG and Yemen in improving their NA (annual and/or quarterly, as relevant). NATIONAL ACCOUNT
 
rcookie says():   • Afghanistan, Egypt, Iraq, Jordan, Lebanon, Libya, Sudan, WBG and Yemen in improving their CPI compilation.
 
rcookie says():   HMMMMMM......CPI CONSUMER PRICING INDEX.........
rcookie says():   SHARPENING PENCILS FOR PRICING RESTRUCTURE...
Hutch says to rcookie():   Comparisons
 
rcookie says(1:57 PM):   • Afghanistan, Egypt, Iraq, Lebanon, Libya, and Sudan in improving the overall quality of the external sector statistics (balance of payments, IIP and EDS).
 
rcookie says():   IIP-INTERNATIONAL INVESTMENT POSITION......HMMMMMMMM
Hutch says to rcookie():   (y)
 
rcookie says():   EDS=EXTERNAL DEBT STATISTICS.......
rcookie says to Hutch():   (y)
 
bibi says():   wow! that's all so amazing! Thank you Rcookie and Hutch for the news and your commentary. Much appreciated!
 
rcookie says():   THE ENTIRE OUTLINE FOR THE 2016 METAC WORKPLAN STARTS ON PAGE 64
 
angus says():   so all of this was worked on and finalized in the meeting Feb. 1-5 of this year, I am sorry if I make you mad just trying to understand this is all above my pay grade.....
 
Hutch says to angus():   Questions are good.
 
rcookie says(2:03 PM):   AND THE LINK AGAIN...http://ift.tt/1Qd59LN
http://ift.tt/1Qd59LN
 
angus says():   answers are better :)
Hutch says to angus():   You just got them
 
rcookie says to angus():   GREAT QUESTION!...ALL PART OF AN ONGOING PROGRA THESE COUNTRIES ARE COMMITTED TO THAT RUNS THESE WORKSHOPS AND REVIEWS FOR COMPLIANCE ON AN ONGOING BASIS....
 
angus says():   yes I did and most greatful just trying to wrap my mind around....
 
rcookie says to angus():   MANY OF THESE INITIATIVES BEING WORKED ON AT THESE WORKSHOPS...ARE THE VERY THINGS THEY ARE BEING TASKED TO DO WITH IMF LOI/MEFP/TECH MOU....

AND THESE WORKSHOPS ARE BUILT STRATEGICALLY AROUND REVIEW PERIODS...
 
rcookie says():   LASTLY IF YOU ARE INTERESTED IN WHERE THEY HAVE COME FROM ...
 
Hutch says to rcookie():   For the next 5 yrs, Is that correct?
rcookie says to Hutch():   YES
 
subgirl says to rcookie():   Yes we are interested!! :)
bibi says(PM):   yep! definitely interested!
Cricket22 says to rcookie():   Waiting here.
 
rcookie says to Hutch():   IF YOU READ THE 2016 BUDGET...THE VARIOUS LOI/MEFP/TECH MOU'S AND SMP (STAFF MONITORED PROGRAM)...AND THE METAC WORKSHOP AGENDAS....
 
THERE IS ABSOLUTELY NO DOUBT AS TO THE CO-AUTHORING PARTNERSHIP BETWEEN IRAQ AND IMF & WB TOWARD THEIR ECONOMIC & MONETARY REFORM ACTION PLAN...
 
rcookie says():   OK...NOW TOWARDS THE GDP...AND IRAQS PPP (PURCHASING POWER PARITY)..AND OER (OFFICIAL EXCHANGE RATE)...
 
jimplants says():   GO SLOOOOOOW I WANT TO ENJOY THIS
Hutch says to rcookie():   I like that last one !

rcookie says():   THIS CAN BE FOUND ON THE MUNDI INDEX...WHICH HAS SOME INCREDIBLE INFORMATION TOWARD IRAQ GDP AND CPI..
 
rcookie says():   http://ift.tt/1PSDunz
http://ift.tt/1Qd576w
 
jeff8 says():   I think I need a drink! :)
angus says():   jim that is funny
 
jimplants says():   WAITING FOR A MINUTE ON THIS GOING TO ENJOY IT
Dr dave says():   ...nothing from Sistani yet???
 
rcookie says():   A CIGAR & SNIFTER OF LOUIS XII...
rcookie says():   XIII*
 
jimplants says():   REASONABLE
Hutch says to Dr dave():   Sistani has a muzzle on him
 
rcookie says():    Definition: This entry gives the gross domestic product (GDP) or value of all final goods andservices produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
 
This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries.
 
The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non- US military equipment); as a result,
 
PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures,
 
Dr dave says():   i thought he has no longer anything to say to the GOI
 
rcookie says():   so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure.
 
The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
 
rcookie says():   IRAQ RANKS 51 OF 229 COUNTRIES 249.4 (PPP IN BILLIONS)
 
Dr dave says():   Iraq's GDP remains untapped ....huge gold and mineral resources
Dr dave says():   also was once thebargricultural mecca of the entire region
Dr dave says():   agricultural
 
rcookie says():   I HAVE IRAQS YEARLY GDP & PPP DATA...BUT NOT PASTING CORRECTLY IN HERE..
rcookie says():   SCRAMBLING ALL UP..
 
jeff8 says():   Now your teasing us!
angus says():   interesting..... hmmmmm
 
rcookie says():   GDP REAL GROWTH RATE %IRAQ RANKS 73 OF 219 COUNTRIES 4.2%
 
rcookie says():   *Definition of GDP - real growth rate: This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent.
 
Dr dave says():   funny with their problems their economy actually went up
 
rcookie says():   THEY HAVE THE STRONGEST BUDGET DEFICIT RATIO IN THE REGION...IN THE REGION...IN THE REGION...
 
jeff8 says():   So they know the PPP and the GDP, what's left of the calculatioon?
 
Baxter1243 says():   Do you think they could spare a dime? Just a dime....
 
rcookie says():   AGAINST COUNTRIES NOT FIGHTING A WAR...ESTABLISHED ECONOMIES AND INTERNATIONALLY ACCEPTED CURRENCY'S...OPERABLE STOCK MARKETS...ETC....
 
subgirl says to rcookie():   in the region!!
R&R says to subgirl():   (y)
angus says():   wow so just wait till they are international!
subgirl says to R&R():   (y)
 
jimplants says():   HCL MINERALS AGRICULTURE TOURISM THE CRADLE OF CIVILIZATION WHAT BETTER PLACE TO JUMP START THE WORLDS ECONOMIC ENGINE VERY FITTING
 
Dr dave says():   Canadian ecomomy decimated
rcookie says to jimplants():   BOULYAAAAAAAH!!
bibi says():   wow, incredible!
 
jeff8 says():   Thanks rcookie..you are a great source of information for us! Time to get back to work!
jimplants says():   AND THIS HAS BEEN THE PLAN ALL ALONG AND ITS NOT .85 CENTS
Hutch says to jimplants():   (y)
 
rcookie says():   OK ENOUGH FOR NOW...PLEASE GO ON TO THOSE SIGHTS AND PERUSE...IT SHEDS LIGHT ON THIS ENTIRE EVENT...
rcookie says to jimplants():   OR A DIME...LOL
 
Hutch says to rcookie():   Thank you for ALL that you do !
faith1 says():   yea .... and thanks ! come on up and out iraq!! (v)
Dr dave says():   half the news speaks of corruption
 
rcookie says to jimplants():   SORRY COULDN'T HELP IT...HAD TO BE DONE...:D
 
Baxter1243 says():   yes..please.... one measly dime... I would be very happy... (y)
 
jimplants says():   THANK YOU I NEED TO GO BACK INTO LOGS I JUST CAME BACK IN ON THE END OF THIS I JUST LEAVE MY COMPUTER ON A DIME PLUS 3 BUCKS AND CHANGE
 
rcookie says():   ANOTHER ISSUE THOSE OTHER COUNTRY'S NOT DEALING WITH THAT UNDERMINE THEIR PROGRAMS..
rcookie says():   BBL
 
Dr dave says():   i would be happy with .85 cents all day
Baxter1243 says():   Dr Dave... I would faint at 85 cents.
subgirl says to rcookie():   thank you!!! :)
 
jimplants says():   WELL GET READY TO FAINT THE PTB HAVE NOT GONE THIS FAR FOR CHANGE THIS WILL BE WAY MORE THAN THAT
subgirl says to jimplants():   (y)
bibi says():   Thank you, rcookie!
 
Baxter1243 says():   I guess we wait and see..... (y)
Dr dave says():   Marlarki move yet...hehe...................................
 
Baxter1243 says():   His 48 hours was up in November... (lol)
eman4u55 says to Baxter1243():   read it wrong it wasnt 48 hours it was 48 months :D
Baxter1243 says():   :)
 
Dr dave says():   ... A trillion dinar... gone where...that would of purchased a few generators
Dr dave says():   they have laws for the Drs just no hospitals or money for meds
 
Dr dave says():   my crystal ball tells me Sistani will be calling for open rebellion and soon
Dr dave says():   he just wants to end the corruption........
 
Baxter1243 says():   If they would end the auctions... that would certainly help with the corruption..
 
Dr dave says():   it goes much deeper Bax from the top down...do not thro w stone when living in a glass house
Baxter1243 says():   IM sure it does....
 
Dr dave says():   Barzani talabani's Allawi Najaifi Sharistani....dude that submitted his resignation ....Billionaires
 
Papatom says():   hey subby... I see at the top talk of .85? whasssthat?
jimplants says():m HALLUCNATION
 
Papatom says():   Hey Jim.... funny.....ok....
jimplants says():   TO MANY COW PADDIES
 
Papatom says():   a profit in the bible cooked food over cow patties!
Papatom says():   did we have a roundtable today?
 
Dr dave says():   so do the people that live in Iraq when they have no power
 
jimplants says():   YOU NEED TO GO BACK AND READ WHAT PROFESSOR RCOOKIE BROUGHT IN
subgirl says to Papatom():   GA you see me where?
Papatom says():   ok...
 
jimplants says():   STARTS AROUND 10 AM
 
Papatom says():   subby...i was saying at the top of the screen, when i came in...i saw a mention of 85 cents
Papatom says():   thanks Jim...i'll go look.
 
jimplants says():   THAT WAS ME BEING SARCASTIC
subgirl says to Papatom():  oh ok :)
 
jimplants says():   OVER THE 85 CENTS
foxmulder says():   .85. SOLD !!! i will take it. lol
Papatom says()   so did Rcookie bring something in?
 
subgirl says to jimplants():   lol 
jimplants says():   YES GO READ IT FOR YOURSELF STARTS AROUND 10 AM AND GOES UP UNTIL WE SAW YOU COME IN
Papatom says():   ok.
 
Dr dave says():   this .85 has been floating around for years
subgirl says to Papatom():   twas really good!! :)
 
foxmulder says to Dr dave():   wish it would float to us !! for a start
jimplants says():   NEEDE A BREAK THE NEWS IS HOOOOOT\
Dr dave says():   hehe me too
subgirl says to jimplants():   we sure laughed a lot this morning lol
Dr dave says():   Moving vans at the palace?
Papatom says():   wow
 
subgirl says to jimplants():   WOW! so much news!! And we can't forget Romello and Hutch and Holly1 :) and all the many others too!! :)
subgirl says to Papatom():lots of news huh?
 
Papatom says():sheesh...
subgirl says to Papatom():lol
 
Papatom says():even mentioned the poodles going under the pillows
subgirl says to Papatom():   lol
subgirl says to Papatom():   wasn't that funny lol
Papatom says():   i don't have anything in writing...but it won't rv at .85 ....
 
jimplants says():   CORRECT IRAQ IS ONE OF THE WEALTHIEST COUNTRIES IN THE WORLD NOT JUST HCL THEY HAVE MINERALS AGRICULTURE TOURISM
 
Papatom says():   Jim, I"m guessing when it's all said and done...they will be THE richest country
jimplants says():   PROOBABLY SO
 
 Read More :http://ift.tt/1PSDrZ5
 


via Dinar Recaps - Our Blog http://ift.tt/1PSDrZ2

No comments:

Post a Comment