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Wednesday, March 16, 2016

Dinar Updates Tuesday PM Chat  3-15-16    Part 1 of 3

Post From Dinar Updates 3-15-16
Chat Room Excerpts & Highlights

Dinar Updates Tuesday PM Chat  3-15-16    Part 1 of 3
 
_firefly_ says():I've read a number of articles this morning about the commitee approving many drafts. Isn't that EXACTLY what the IMF instructed Iraq to do ?
_firefly_ says():"to Draft and Approve"
 
larrykn says to _firefly_():I think this is just showing the process of them to come into the world, this is all just great news , I love it :) 
  _firefly_ says to larrykn():(y)
 
_firefly_ says to larrykn():And of course it's the BIS that approves a monetary reform or denies it
_firefly_ says to larrykn():So what does that tell us?
_firefly_ says():Remember the steps I told you guys about a monetary reform process !!!!!!

Pablo says():The 6 step process? Yes.
 
flint says():http://ift.tt/254ovxx
http://ift.tt/1QY1c0Z
 
flint says():what a change from 2007
Pablo says():So, I guess this means they are wrapping up stage six?
 
FoolMeOnce says():Good morning, all. How many stages are there?
Pablo says():Six.
 
cowboywads says():great job FIREFLY
 
FoolMeOnce says():Yeehaw!
_firefly_ says to cowboywads():VW :)
 
_firefly_ says():Cabinet approves a draft merging some ministries and the abolition of the law
 
_firefly_ says():The Council of Ministers approved in its meeting on Tuesday on a draft merging some ministries and the abolition of the law.
 
Board during its regular meeting on Tuesday chaired by Prime Minister Haider al - Abadi, approved the draft merging and the abolition of some ministries Law, and submitted it to the State Council for the purpose of auditing and then brought back to the General Secretariat of the Council of Ministers in order to submit it directly to the House ofRepresentatives. "
 
Pablo says():Did any follow up info come about the governor of the CBI?
 
_firefly_ says():Cabinet agrees on a draft of Iraq's accession to the Convention on Maritime Labour
 
_firefly_ says():Cabinet agreed to prepare a draft of the accession of the Republic of Iraq to the Maritime Labour Convention of 2006.
 
Board during its regular meeting on Tuesday chaired by Prime Minister Haider al-Abadi agreed that the Council of State to prepare a draft law for the accession of the Republic of Iraq to the Maritime Labour Convention, which entered into force on 20.08.2013 based on the provisions of Article 80 {/} Item VI of the Constitution "..
 
larrykn says to _firefly_():the BIS given their ok on Basel 3 was such a big thing, that is giving Iraq the go ahead an do what they have to do, now we are seeing them go thru the process of them doing it , and now Adabi getting his cabnet set, Oboy we are looking good :)
 
Pablo says():Cool.
 
_firefly_ says to larrykn():Agreed !!!!
_firefly_ says to larrykn():Cabinet approves a draft law merging ministries
 
_firefly_ says():Cabinet informed source said that the approved in its regular draft merging ministries, which contained reforms, Prime Minister Haider al-Abadi within the austerity policy because of the financial crisis law.
 
The source told all of Iraq [where] that "the Council of Ministers submitted a draft law to the State Council for the purpose of auditing and then brought back to the General Secretariat of the Council of Ministers in order forwarded to the House of Representatives for approval."
 
The Prime Minister Haider al-Abadi, issued on 16 August 2015, is Dioanaa Petrhik government spends from 33 to 22, the Ministry of the Ministry, with the abolition of five ministries.
 
It included the abolition of ministerial positions, for the Human Rights Ministry, the Ministry of State for Women's Affairs, and the Ministry of State for Sean provinces and Parliamentary Affairs, as well as the Ministry of State].
 
Also it included the restructuring of a number of ministries represented by merging the Mi
_firefly_ says():Also it included the restructuring of a number of ministries represented by merging the Ministry of Science and Technology, Ministry of Higher Education and Scientific Research, and the integration of the Ministry of Environment, Ministry of Health, and the integration of the Ministry of Municipalities, Ministry of Construction and Housing, as well as the integration of the Ministry of Tourism and Antiquities Ministry of Culture] .anthy
 
larrykn says to _firefly_():to bad its not the CBI govenor too
 
Pablo says():Surprised they didn't throw him out in all this reshuffle.
 
puffdragon says to Pablo():How do we know that, just because not reported yet doesnt mean that hasent happened ! JMO    puffdragon says to Pablo():Maybe that will be the next suprise !:D
Pablo says():Maybe.
 
_firefly_ says():IMF - C. ADJUSTORS
12.
The floor on the central government non-oil primary balance in December 2015 will be adjusted downwards/upwards in case domesticarrears incurred in 2015 exceed/are less than ID 5 trillion of domestic arrears identified at the end of April 2015. The size of the adjuster will be equal to the difference between the value of domestic arrears and ID 5 trillion.
13.
The ceiling on the stock of net domestic assets(NDA) of the CBI will be adjusted upwards in case foreign financing is lower than programmedto a limit of ID 1.4 trillion in December 2015, zero in March and June 2016, ID 1.1 trillion September 2016, and 3.9 trillion in December 16. The size of the adjuster will be equal to the difference between the observed and programmed value of foreign financing and capped at the values enumerated in the previous sentence.
 
_firefly_ says():Read this carefully !
_firefly_ says():The size of the adjuster will be equal to the difference between the observed and programmed value of foreign financing and capped at the values enumerated in the previous sentence.
 
JD1 says():wow
_firefly_ says():alrighty BIAB :)
JD1 says():thanks fly
 
Woodywoodpecker says():ok now somebody tell me what that means
Woodywoodpecker says():please
Pablo says():Shrug.
 
maine says():so 3.9 trillion is the upper end that is capped
maine says():and the lower end of anywhere from 1.1 and 1.4 trillion
maine says():thats their formula
 
Woodywoodpecker says():so????
 
maine says():thats what it is saying
maine says():i am not a policy gal or math professor
maine says():thats their formula on adjusting
 
JETSET says():(Tp)
 
Pablo says():Adjusting the IQD to $3.9 trilion per dinar??? Sure! I can live with that!:D
Woodywoodpecker says():lol...u think you could
 
maine says():no , that isnt what it is saying
maine says():would be nice!
 
puffdragon says():I guess we will half to wait for someone to give more specifics on how that relates to the dinar !
 
Baxter1243 says():ANY news on the sale of the BOnds today??
maine says():i havent seen any yet
Baxter1243 says():Ok... thx....
 
firefly_ says():Bloomberg has been talking about Basel III and tyhe Dodd Frank Act for about 20 minutes now as it relates to investors !!!!!!!
 
_firefly_ says():Just ended
 
jtank says():spill it firefly--short version
 
_firefly_ says():I already did :)   last week    coinsidence?  _firefly_ says(): Hmmmmm
 
Hutch says(): I can't believe I got fired from the calendar factory.  All I did was take a day off
 
Holly1 says():Law: the blocks you want to know the reasons for changing its ministers and Abadi wants to re-work the point system    Author: ZJ Editor: BK 3.15.2016 19:08   
Holly1 says():Confirmed the State of Law coalition, on Tuesday, that the persistence of the political blocs to know the reasons for changing its ministers, it precludes the possibility of the introduction of new government cabin this weekend, noting that Prime Minister Haider al-Abadi, wants to re-work the points system, which formed the basis of the current government result the dismissal of the vice President and the government, to compensate for the loss of representation blocs.
 
The leader of the coalition, Jassim Mohammed Jaafar, in an interview to the (long-Presse), "The deadline set by Prime Minister Haider al-Abadi, to take over the candidates of the political blocs, the names of the new cabinet of the cabins, ends tomorrow, Wednesday, (16th of March current 2016), without offering any personal means that he will not be able to submit this date, "adding that" all the political blocs demanding Abadi, the reason for changing the current minister. "
 
Holly1 says():He added, leader of the coalition headed by Nouri al-Maliki, that "Abadi wants to re-work the points system, which was adopted at the formation of the current government, to fill approximately 40 sites starting with the deputies of the President and the Prime Minister with 34 ministers," attributing it to "reduce the portfolios to 23, and the dismissal of several senior officials, as vice president and head of government, which led to the loss of many of its privileges blocs, especially the national coalition in Iraq, and coalition forces. "
 
Holly1 says():According to the former Minister of Youth and Sports, said: "Dawa Party, he lost the other vice president, to oust al-Maliki, it will not be left for him except the prime minister," he returned that "it requires a party for the new Minister of points according to the government."
 
The Abadi stressed, in (the ninth of March current), the cabinet reshuffle "substantial" will be soon, and when he called to offer ministers professionals names and qualified to fill ministerial portfolios, he stressed that the change will be in accordance with the constitutional framework and political partnership between the components of the people.
 
Holly1 says():The head of the government, has sent a document to the reforms of the political blocs to express an opinion on them, and invited them to nominate them Ttosm experience to fill ministerial portfolios, including the Afadil, to be done before the end of this week.

Comments may be made at the end of Part 3  Thank You 


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