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Thursday, February 11, 2016

Dinar Updates Member Chat 2-11-16   Part 3 of 3

Post From Dinar Updates 2-11-16
Excerpts & Highlights

Dinar Updates Member Chat 2-11-16   Part 3 of 3
 
rcookie says():   Z- immediate stop to sell the dollar so-called auctions by the Central Bank of Iraq and entrust sale and exchange and currency conversion Iraqi against the dollar exclusively Government and some private banks honest, if any, and under the terms of the laws and regulations can not be manipulated and circumvented whatever the opposite subtle and for the following categories - banks
 
clay says to rcookie():   workin and trying to keep up
JD1 says(9:44 AM):   wow great
 
Holly1 says():   a - the implementation of certain paragraphs of paragraph Alaoly- (fiscal policy) above his sponsor to pay Agriculture 50% of what is by far
 ~~~
one pass laws pertaining to white agricultural land, motivate and drive their owners to quickly exploit -
 
c - the promotion of associations of agricultural and encouraging teamwork and providing modern supplies that reduce the costs of production and is aided by the quality and quantity - and encourage farmers to acquire producing hovering animals and milk and dairy products  
 d - encourage investors to set up major projects, medium and small breeding Alehioannbh and poultry
 
Holly1 says():   WA - to issue decisions and laws of adding value to products agricultural, animal, especially strategic products - (government support)
 
k - encourage investors to set up a feed production projects, especially green ways and modern ones aquaculture -
 
------- fourth paragraph: - Industry (briefly) ----------
 
(a) implementation of certain paragraphs of the first paragraph (fiscal policy) above Industrial sponsor to pay 70% of what it now is
 
b - laws pertaining to the white land and industrial stimulate and drive their owners to quickly exploit -
 
 
Baxter1243 says(9:45 AM):   then why dont they just    stop the auctions
 
Holly1 says():   c - activation of directors, industrial development, the reduction of the boring routine and disruptive -
 
(d) the allocation of land industrialists and the provision of infrastructure and facilitate industrial loans -
 
y - to issue decisions and laws of the value added (government support) for goods issued to outside Iraq
 
- the fifth paragraph: - for the implementation and success of the paragraphs above work, including the following (briefly)
 
jeffjane says to Baxter1243():   That is the question
 
shellee says():   Thank you RCOOKIE and HOLLY!
 
Holly1 says():   a - constitute the directors general with branches in all the provinces on behalf of the directors, the National economic security and from various disciplines related to paragraphs above, and individuals with patriotism, integrity, intelligence, strength and perseverance
 
The Justice and opening courses to qualify them and give them wide powers to follow up and implementation of the regulations and the laws relating to paragraphs above, large and small, and without exception -
 
2 - issuing professions definition of full capacity aspects of all covered by paragraphs above
 
Holly1 says():   3 - linking calculator Directorate-general of the National security economic computers on the following departments - - Land registry - taxes - Chambers of Commerce - vehicle registration - contracts and tenders - registration of companies - industrial Development - passports - import and export licenses - social security - border crossings and ports - standardization and quality control - - municipalities (vacations construction) - external financial transfer - banks lending to housing, agriculture and industry - as and when needed some circles people of note is very important too -
1 - results from the spin-off to the above is to help maintain public security is widely
 
Holly1 says():   2. without implementation and apply the first paragraph (fiscal policy) considers all paragraphs Alahakh null and useless but a waste of money, effort and time, no matter what our force and whatever oil imports high and the years last testament
 
3 - there are laws, regulations and procedures pertaining to Ntiv preceding paragraphs lengthy explanations can not be under the object of a manipulation the implementation of those paragraphs, no matter how highly skilled and experienced fraud and Althaal-
 
Holly1 says():   4 - to explain the content of the preceding paragraphs are clearer and more detailed regulations and laws and decisions and methods of implementation and follow-up we needed to newspapers Abraham, Moses (AS) and that it was necessary that they are on hand in case of need to them by the competent authority -
 
5 - may wonder so many citizens and officials what are the desired results and benefits than you being put to know that they should see our messages and our comments relating to the Offering entitled

(to reconsider purchasing power of the Iraqi dinar and make ----- ?? ) This is the tip of the iceberg - and peace
 
rcookie says to clay():   GIVE EM THE STTOGES ANESTHETIC WITH THE PURSUADER AND TAKE A BREAK!!!
 
R&R says():   “make it equal to the average purchasing power of the countries neighboring Iraq” … Kuwait $3.35, Saudi Arabia $0.26, Turkey $0.342, Iran $0.00003, Jordan $1.41 … "average" = $1.07 (y)
 
R&R says():   But I'll take higher :D
Pablo says():   I'll take higher too.
 
R&R says to Pablo():   Of course, I left out Syria ($0.0052) because I think the only thing they're "trading" right now is gunfire with the rebels and Russia
 
Pablo says():   Well, I'd say make it equal to Kuwait. That'd be fine by me!
R&R says():   Interestingly, if you include it, the average is $0.90 ...
Pablo says():   So, they're basically ending the currency auctions?
Pablo says():  They want Christopher Lagarde back? Sheesh!
 
BGG says():   I thought LaGarde was in some hot water - with some court case??
 
R&R says to BGG():   I heard about that too BGG, then I saw that tweet come across my news feed
 
tman23 says to BGG():   She was indicted by French Prosecutors......and a trial date was to be set....
 
R&R says():   "Ms Lagarde, whose current five-year term ends in July, is widely considered a sure bet for a second mandate, even though she faces a trial in France this year over her role in a 2008 payment to businessman Bernard Tapie.
 
Part of a long-running legal saga which has entangled several allies of former French President Nicolas Sarkozy, Ms Lagarde is accused of negligence in public office in relation to misuse of public funds, an offence that carries a maximum sentence of one year in prison and a fine of up to €15,000."
 
R&R says():   http://ift.tt/1o8CC48
http://ift.tt/1S6fn5p
 
R&R says():   From an article in FT last month....
 
rcookie says():   AND THERE WAS AN INDICTING ARTICLE AND STATEMENTS FROM HER AND IMF ABOUT UNHAPPINESS WITH ZEBARI & FINANCE MINISTRY IN STALLS CONCERNING PRIVATE SECTOR PROGRAM ACTIVATION FAILURES AND DELAYS...
 
rcookie says():   FROM MID JANUARY...
 
rcookie says():   OBVIOUS MOTIVATION BEHIND ABADIS COMMENTS YESTERDAY IN GERMANY WITH MERKEL...WANTING ZEBARI GONE!!!
 
rcookie says():   ALONG WITH THE FACT HES ON THE US & EU LIST OF 71....
 
Pablo says():   So, did I read right that they're ending the auctions?
 
rcookie says():   Parliamentary reform Abadi demanding the replacement of Finance Minister
 
Date: 02/11/2016 15:04 | Views: 113   Information / special / ..  Called reform bloc, on Thursday, Prime Minister Haider al-Abadi replace Finance Minister Hoshyar Zebari blocked allocated to projects southern provinces funds.
 
The MP said the bloc Zaher al-Abadi told / information /, "The Finance Minister Hoshyar Zebari was baptized in a monopoly and block the southern provinces of Basra private funds allocated to projects of drinking water and other projects."
 
He added that "Basra province suffered from the spread of epidemic and infectious diseases as a result of water loss and the disruption of drinking water projects."
 
The Prime Minister Haider al-Abadi has announced his departure to make a new ministerial changes which depends on technocrats rather than ministers sectarian, factional and Ketloah quotas. Finished / 25 m  

http://translate.googleusercontent.c...hHkn3lYC7LMEYA   broken link
 
CanuckLady says to rcookie():   No to not ending auctions?
 
Pablo says():   So, did I read right earlier that they are ending the currency auctions?
clay says to Pablo():   they talk about it but never do it
 
rcookie says():   ANY ONE THINK ABADIS SINGLING OUT ZEBARI AND FINANCE MINISTRY FAILURES IS A COINCIDENCE WITH HIM BEING ON US & EU LIST OF 71....AND THIS FROM MID JANUARY...
 
rcookie says():   HERE IS AN ARTICLE FROM MID JANUARY REGARDING STATEMENTS FROM CHRISTINE LEGARDE...AND THE PUBLIC FINANCIAL MANAGEMENT (PFM) REFORMS IRAQ IS UNDERTAKING IN THE LOI/MEFP/TECH MOU...
 
AND SOME OF THE PROGRAMS WE WERE TALKING ABOUT EARLIER THIS MORNING....LIKE IFMIS...TSA..AND THE FINANCIAL MANAGEMENT LAW.....
 
rcookie says():   IMF to work with Iraq on PFM reform
 
By: Emma Rumney   13 Jan 16   The International Monetary Fund will support Iraq in the implementation of its programme of fiscal consolidation and public financial management.
 
rcookie says():   IMF managing director Christine Lagarde approved the support, which does not entail financial assistance, yesterday. Instead of financial support, the fund will monitor the execution and performance of the Iraqi government’s economic policies and provide technical assistance and capacity building to its reform programme.
 
The fund said the war-torn country had requested assistance to “help address the urgent balance of payments and budget needs triggered by the Islamic State attacks and collapse in oil prices”. This could potentially pave the way to a funding arrangement.
 
Under the IMF’s guidance, Iraq is implementing a programme of fiscal consolidation to contain public expenditure in line with available revenue and financing, with the aim of reducing the non-oil primary deficit by $20bn.
 
rcookie says():   Non-oil investment and spending on goods and services is to bear the brunt of cuts to expenditure. Public sector wages and pensions will not be affected, and are instead projected to increase despite an already bloated government payroll being a major weakness of the country’s finances.
 
Citing World Bank findings, the fund said poor public financial management in Iraq means the efficiency of public investments in the non-oil sector is low.
 
It added that a weak PFM framework has lead to a lack of fiscal discipline and the overly political allocation of oil resources, and improvements following technical assistance from the fund and the World Bank have been “very slow”.
 
The IMF said under its support arrangement, agreement has been reached on measures to strengthen PFM as well as efforts to bring stability to the finance sector and counter money laundering and the financing of terrorism.
 
rcookie says):   These will include some changes mostly within the country’s Ministry of Finance in the short term, in order to build on more ambitious reforms later on. These include moving to a single treasury account and reforms to public investment management.
 
After existing in a state of turmoil since at least the US-led invasion in 2003, the IMF said Iraq’s economy, infrastructure and trade are suffering due to continued conflict as Islamic State insurgents commit terrorist attacks and offensives to capture more territory.
 
IS now controls parts of Iraq, where they have declared an Islamic caliphate. A US-led coalition is also conducting airstrikes throughout the country to defeat the group.
 
In addition the impact of the sharp decline in oil prices – already significant in 2014 – intensified last year. Iraq is also enduring an internal refugee crisis and massive energy shortages.
 
rcookie says():HMMMMMMMM....ZEBARI AND FINANCE MINISTRY UNDER BUS.....AND COMPLETELY TRANSPARENT DISSATISFACTION WITH SLOW PROGRESS TOWARD SOME IMF ISSUES...
 
AND IN PARTICULAR LOOK WHAT THEY SPELL OUT....PFM PUBLIC FINANCIAL MANAGEMENT....STABILITY TO FINANCE SECTOR (ISSUING LOANS TO STIMULATE PRIVATE SECTOR)...
 
AND COUNTER MONEY LAUNDERING.....MOVING TO A (STA) SINGLE TREASURY ACCOUNT...AND PIM PUBLIC INVESTMENT MANAGEMENT REFORMS....
 
rcookie says():   AND THIS WAS IN MID JANUARY..............
 
rcookie says():   YOU SEE TERMS LIKE "POOR PUBLIC FINANCIAL MANAGEMENT"...."BLOATED GOVERNMENT PAYROLL"...."IRAQ'S WEAK PFM FRAMEWORK"....
 
AND "LOW EFFICIENCY OF PUBLIC INVESTMENT"..."BRINGING STABILITY OF FINANCE SECTOR"....
 
AND LOOK WHO THEY POINT THE FINGER AT CONCERNING THESE STATEMENTS....LOOKING FOR CHANGES IN SHORT TERM FROM MINISTRY OF FINANCE...AND AGAIN MENTION OF STA...ETC....
 
rcookie says():   AND WHO IS THE MINISTER OF FINANCE THAT ALSO GOT SUCH A POOR REVEW FROM THE ECONOMIC REVIEW PANEL...
 
workhard says():   rcookie All this points to IMF being in total control
kayb says():   RCookie - Thanks. The house cleaning is happening. Just takes time.
 
NWBeauty says():   Just popped in for Props to Abadi on the housekeeping you refer to above, the loans set for infrastructure, spear-heading Mosul, Ramadi and other liberations AND preparing Iraq (with T walls in Baghdad) to host this new trade conference intended to improve living conditions for ALL to stem the flow of refugees running !!
NWBeauty says():   they have a way to go, but their country is polishing up to shine !!
 
rcookie says():   US official: Iraqi government deficit a month worth of five billion dollars
 
11-02-2016 01:54 PM    LDPE agency quoted the German news that the Iraqi government is suffering a deficit too large a month.
 
The agency quoted a senior US official did not disclose his name, he said Washington has complete information about the Iraqi government's financial deficit and the value of five billion dollars, which caused a significant decline in the conduct of military operations in the general areas of Iraq.
 
The official noted that Iraq today needs the support of all countries in order to keep the momentum of the battles against the terrorist organizations.
 
http://translate.googleusercontent.c...X7gFb7MGAh7D_w   LINK


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rcookie says():   Economic parliamentary: financial and monetary situation is controlled and the central bank plans to put the task
 
Author: ASJ, HH    Editor: HH    02/11/2016 14:46    Number of Views: 146
 
Long-Presse / Baghdad   The head of the economic and investment commission in parliament Jawad al-Bolani, said Thursday that fiscal and monetary situation in Iraq is "controlled", and pointed out that the central bank made plans and initiatives are important for achieving the development goals, as called for "serious cooperation to overcome the current stage."
 
He said the Iraqi Central Bank said in a statement received (range Press), a copy of which, "The Chairman of the Committee on Economy and Investment Jawad Bolani visited, today, the central bank briefed on the actions and measures taken by the bank," asserting that "al-Bolani pointed out that the financial and monetary situation Iraq dominated. "
 
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rcookie says():    The statement quoted Bolani as saying that, "We found plans and initiatives of the task of the central bank to achieve its objectives, including the development goals," calling for "a serious and constructive cooperation to overcome the current stage."
 
It is noteworthy that the country is witnessing a financial crisis since the drop in world oil prices, which reached $ 23, but later increased to about $ 30, which significantly affected the situation in Iraq.
 
http://translate.googleusercontent.c...aURuHT4BrDF_Qg    LINK

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