Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 4-9-16 Part 2 of 2
A parliamentary committee: a large exhibition economy collapse because of the government's inability to save him
09/04/2016 BAGHDAD / JD / .. of the Committee on Economy and Investment parliamentary warned of a possible economic collapse because of the government's inability to find the necessary to save the economy out of the current crisis solutions
Said committee member MP Ali Sobhi al-Maliki told / KD /: "The Iraqi government totally unable to rescue the economy from its current crisis," adding that "the continued decline in oil prices in the absence of proper planning to activate other economic sectors will lead to a major economic collapse and possibly go into the economic abyss.
~~~
BLC Admin Tlm724 News & Comments 4-9-16 Part 2 of 2
A parliamentary committee: a large exhibition economy collapse because of the government's inability to save him
09/04/2016 BAGHDAD / JD / .. of the Committee on Economy and Investment parliamentary warned of a possible economic collapse because of the government's inability to find the necessary to save the economy out of the current crisis solutions
Said committee member MP Ali Sobhi al-Maliki told / KD /: "The Iraqi government totally unable to rescue the economy from its current crisis," adding that "the continued decline in oil prices in the absence of proper planning to activate other economic sectors will lead to a major economic collapse and possibly go into the economic abyss.
~~~
"It must prepare a full and rapid implementation of an economic plan to activate the industrial, agricultural and tourism sectors to rescue the economy and emerge from the current crisis," adding that "the industrial sector had been activated properly, it will cover half of the country's need in economic terms," ./ ended / 8 /
http://ift.tt/1qfs17M
tlm724: "It must prepare a full and rapid implementation of an economic plan to activate the industrial, agricultural and tourism sectors to rescue the economy and emerge from the current crisis," adding that "the industrial sector had been activated properly, it will cover half of the country's need in economic terms,"
http://ift.tt/1WkyPOc
~~~~~~~~~~~
Finally .. Bremer talks about why quotas disbanding of the army in Iraq
Saturday 09-04-2016 | 2:19:45
Twilight News / said the former US administrator in Iraq, Paul Bremer, said that the sectarian quotas was an option made an emergency landing inevitable, considering that the country has seen "many achievements" after the US invasion in 2003.
In an interview with Al-Jazeera, said Bremer, that the sectarian quotas in Iraq "is unfortunate," but stressed that this option was made an emergency landing because of the legacy of Saddam Hussein's regime, which "destroyed the social fabric" and the foundations of his rule, depending on the year in the centers of power.
Bremer defended on the outcome of the post-US invasion of Iraq, and said that the country has witnessed six organize elections and a referendum, and I knew for the first time in history, four peaceful transitions of power, as it was agreed that a new constitution for the country.
He said that democracy requires a long time, and stressed that it is normal that the Iraqi people face difficulties in consolidating its democracy.
He spoke Bremer's decision to disband the Iraqi army and said that it was after the approval of former President George W. Bush. Bush, during a meeting of the National Security Council on 13 May 2003, pointing out that Bush was thought that he could postpone the decision for some time.
Bremer responded that the statements made by the island's former US ambassador to Iraq, Zalmay Khalilzad, in which he said that the proclamation dissolving the Iraqi army from Baghdad was not subject to careful discussion in Washington.
On the other hand, Bremer said he maintained the state institutions in Iraq, and said that all ministries were fully functioning.
It is noteworthy that Bremer was the US administrator in Iraq in the period from 2003 to the summer of 2004, and attributed to him, including a series of decisions to solve the Iraqi army and Baath Party institutions, and that caused the entry of the country's spiral of violence that claimed hundreds of thousands of victims. http://ift.tt/1RX8lwW
http://ift.tt/1qfs17Q
~~~~~~~~~~~
New measures in the way of economic reform
9/4/2016 0:00 Industry: Coordination modern window Council towards integration between the public and private sectors
BAGHDAD - Ahmed Abed Rabbo promised the Ministry of Industry and Minerals establishment of the industrial coordination by the Council of Ministers «modern window» Council towards integration Alaguetsada.aota this at a time when the Commission announced the restructuring of public companies , which includes 10 ministries to take important measures for economic reform.
the official ministry spokesman Abdul Wahid al - Shammari said in a statement »Sabah»: the «cabinet approval for the formation of Industrial coordination Council , a step towards economic integration among various industrial sectors, like the rest of the world».
he the «this council is a modern window will achieve integration between public and private sectors, as well as civil society organizations».
the cabinet approved on Tuesday the establishment of industrial coordination Council, as decided to liquidate Sennacherib technologies irrigation of the Ministry of Agriculture.
In terms of the Commission corporate restructuring, Shammari added that « the committee formed by the Council of Ministers headed by the Minister of Industry and minerals Mohammed Darraji includes membership representatives from ten ministries have taken several important measures aimed at economic reform and the advancement of the public companies, according to the national development plan prepared and studied by the advisers» .
He pointed out that «the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
the Al - Shammari said that « the restructuring guarantees for companies work according to economic principles of proper business standards, and will have high competitiveness , thus contributing to the creation of other jobs, with investment of human Mlakatha, through the introduction of modern technology and trained at the highest skill and competence levels. »
He said« investors who wish to get those precious opportunities for them choice in the number of angels that they need, and the state will provide surplus staffs ' salaries », revealing« the presence of a great desire among Iraqis and foreign investors to invest in these companies , especially after the amendments made to contracts formats ».
regarding the steps to activate the work, said the official spokesman for the« Committee He is currently working on making the legislation and laws related to investing more flexible through direct contact with the judicial and legislative power », adding that« the Committee shall hold regular meetings to develop a well thought out and effective recommendations from all sides and then brought by the General Secretariat of the Council of Ministers for approval under the supervision of Supreme Audit and the integrity Commission ».
He believes that« the advancement of economic reality and build an industrial base restore prestige to the Iraqi industry requires extraordinary efforts by all state institutions and to address to those who conspire to disrupt the production process in the country and make it a consumer only, in order to make a profit from import contracts , which do not serve the interest of the country ».
in the same context, al - Shammari detect the opening of the Minister of Industry and minerals written Almqalbh automatic in the foundry and sections iron plant in structures lab affiliated to the General Company for steel Industries», adding that «those fonts used for military industries and civil».
Furthermore, announced the General Company auto and equipment , one of the Ministry of industry and minerals fire sale of trucks and specialized equipment to ensure citizens in installments in exchange for property value covers the amount of the truck.
http://ift.tt/1WkyRpg
the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
tlm724: diff source
New measures in the way of economic reform 53 Show Last update: Saturday, April 9, 2016 - 10:15New measures in the way of economic reform
BAGHDAD - Ahmed Abed Rabbo promised the Ministry of Industry and Minerals establishment of Industrial Coordination Council by the Council of Ministers «modern window» towards integration Alaguetsada.aota this at a time when the Commission announced the restructuring of public companies, which includes 10 ministries to take important measures for economic reform.
The official ministry spokesman Abdul Wahid al-Shammari said in a statement »Sabah»: The «Cabinet approval for the formation of Industrial Coordination Council, a step towards economic integration among various industrial sectors, like the rest of the world».
He pointed out that «this council is a modern window will achieve integration between public and private sectors, as well as civil society organizations». Cabinet agreed Tuesday to establish Industrial Coordination Council, while Sennacherib decided to liquidate the company to irrigation techniques of the Ministry of Agriculture.
With regard to the Committee on corporate restructuring, Shammari added that «the committee formed by the Council of Ministers headed by the Minister of Industry and Minerals Mohammed Darraji includes membership representatives from ten ministries have taken several important measures aimed at economic reform and the advancement of the public companies, according to the National Development Plan of the stomach and the study of before the advisers ».
He pointed out that «the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
The Al-Shammari said that «the restructuring ensures companies to operate according to economic principles of proper business standards, and will have high competitiveness, thus contributing to the creation of other jobs, with investment of human Mlakatha, through the introduction of modern technology and trained at the highest skill and competence levels».
He said that «investors who want to get those precious opportunities, their choice in the number of angels that they need, and the state will provide surplus staffs' salaries», revealing «the presence of a great desire among Iraqis and foreign investors to invest in these companies, especially after the amendments made to contracts formats» .
Regarding the steps to activate the work, said the official spokesman for the «The Commission is currently working to make legislation and laws related to investing more flexible through direct contact with the judicial and legislative power»,
adding that «the Committee shall hold regular meetings to develop a well thought out and effective recommendations from all sides and then lifting the General Secretariat Council of Ministers for approval under the supervision of Supreme Audit and the integrity Commission. »
He believes that «the advancement of economic reality and build an industrial base restore prestige to the Iraqi industry requires extraordinary efforts by all state institutions and to address to those who conspire to disrupt the production process in the country and make it a consumer only, in order to make a profit from import contracts that do not serve the interest of the country.»
In the same context, al-Shammari detect the opening of the Minister of Industry and Minerals written Almqalbh automatic in the foundry and sections iron plant in the structures of the plant to a public company Steel Industries », adding that« those fonts used for military industries and civil ».
Furthermore, the State Company for Automotive Industry announced and one of the equipment and the Ministry of Industry and Minerals companies launch the sale of trucks and specialized equipment to ensure citizens in installments in exchange for property value covers the amount of the truck. http://ift.tt/1qfs2ZC
http://ift.tt/1WkyPOe
~~~~~~~~~~~
Rising dollar natural result of lower supply
9/4/2016 0:00 Economic confirms that the pace is steady and lasting
BAGHDAD Mustafa Hashimi economic academic said Dr. Essam Mahouelle: Rising dollar exchange rate recently was the result of a lack of supply due to lower oil prices , which are the main source of this currency for Iraq.
He Mahouelle in an interview with «morning» that the public to resort to the acquisition of the dollar serves as a savings as it was the savings and the hoarding of gold in previous periods, pointing out that citizens, in case their acquisition of other currencies such as the euro , it will help a lot in reducing the price of the dollar.
he said that Iraq is a dollar areas where it is this currency Top value and fastest drainage in the local markets, stressing that this rally will not last long and did not last the rise in oil prices in the last few years.
He stressed the need that the public is aware of the alternatives of savings and diversify as ( a small basket of currencies) and not confined to hoarding the dollar, being vulnerable to the global and US economic conditions, which requires the presence of (bumper safe) protect them from the vagaries of the dollar 's decline and shake the markets.
and saw the local markets in the past weeks , rising dollar exchange rates against the dinar to about 130 thousand dinars per hundred dollars, what he sees analysts as great rates compared to the Previous rates for the dollar as it was at 122 thousand dinars per hundred dollars.
among Mahouelle importance of inventory dollar traded foreign trade transactions only and not to adopt it as a substitute for the dinar in trading markets and internal trade, indicating that this procedure would enhance the value of national currency to foreign currency and raises the internal trading dinars.
http://ift.tt/1qfs17M
tlm724: "It must prepare a full and rapid implementation of an economic plan to activate the industrial, agricultural and tourism sectors to rescue the economy and emerge from the current crisis," adding that "the industrial sector had been activated properly, it will cover half of the country's need in economic terms,"
http://ift.tt/1WkyPOc
~~~~~~~~~~~
Finally .. Bremer talks about why quotas disbanding of the army in Iraq
Saturday 09-04-2016 | 2:19:45
Twilight News / said the former US administrator in Iraq, Paul Bremer, said that the sectarian quotas was an option made an emergency landing inevitable, considering that the country has seen "many achievements" after the US invasion in 2003.
In an interview with Al-Jazeera, said Bremer, that the sectarian quotas in Iraq "is unfortunate," but stressed that this option was made an emergency landing because of the legacy of Saddam Hussein's regime, which "destroyed the social fabric" and the foundations of his rule, depending on the year in the centers of power.
Bremer defended on the outcome of the post-US invasion of Iraq, and said that the country has witnessed six organize elections and a referendum, and I knew for the first time in history, four peaceful transitions of power, as it was agreed that a new constitution for the country.
He said that democracy requires a long time, and stressed that it is normal that the Iraqi people face difficulties in consolidating its democracy.
He spoke Bremer's decision to disband the Iraqi army and said that it was after the approval of former President George W. Bush. Bush, during a meeting of the National Security Council on 13 May 2003, pointing out that Bush was thought that he could postpone the decision for some time.
Bremer responded that the statements made by the island's former US ambassador to Iraq, Zalmay Khalilzad, in which he said that the proclamation dissolving the Iraqi army from Baghdad was not subject to careful discussion in Washington.
On the other hand, Bremer said he maintained the state institutions in Iraq, and said that all ministries were fully functioning.
It is noteworthy that Bremer was the US administrator in Iraq in the period from 2003 to the summer of 2004, and attributed to him, including a series of decisions to solve the Iraqi army and Baath Party institutions, and that caused the entry of the country's spiral of violence that claimed hundreds of thousands of victims. http://ift.tt/1RX8lwW
http://ift.tt/1qfs17Q
~~~~~~~~~~~
New measures in the way of economic reform
9/4/2016 0:00 Industry: Coordination modern window Council towards integration between the public and private sectors
BAGHDAD - Ahmed Abed Rabbo promised the Ministry of Industry and Minerals establishment of the industrial coordination by the Council of Ministers «modern window» Council towards integration Alaguetsada.aota this at a time when the Commission announced the restructuring of public companies , which includes 10 ministries to take important measures for economic reform.
the official ministry spokesman Abdul Wahid al - Shammari said in a statement »Sabah»: the «cabinet approval for the formation of Industrial coordination Council , a step towards economic integration among various industrial sectors, like the rest of the world».
he the «this council is a modern window will achieve integration between public and private sectors, as well as civil society organizations».
the cabinet approved on Tuesday the establishment of industrial coordination Council, as decided to liquidate Sennacherib technologies irrigation of the Ministry of Agriculture.
In terms of the Commission corporate restructuring, Shammari added that « the committee formed by the Council of Ministers headed by the Minister of Industry and minerals Mohammed Darraji includes membership representatives from ten ministries have taken several important measures aimed at economic reform and the advancement of the public companies, according to the national development plan prepared and studied by the advisers» .
He pointed out that «the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
the Al - Shammari said that « the restructuring guarantees for companies work according to economic principles of proper business standards, and will have high competitiveness , thus contributing to the creation of other jobs, with investment of human Mlakatha, through the introduction of modern technology and trained at the highest skill and competence levels. »
He said« investors who wish to get those precious opportunities for them choice in the number of angels that they need, and the state will provide surplus staffs ' salaries », revealing« the presence of a great desire among Iraqis and foreign investors to invest in these companies , especially after the amendments made to contracts formats ».
regarding the steps to activate the work, said the official spokesman for the« Committee He is currently working on making the legislation and laws related to investing more flexible through direct contact with the judicial and legislative power », adding that« the Committee shall hold regular meetings to develop a well thought out and effective recommendations from all sides and then brought by the General Secretariat of the Council of Ministers for approval under the supervision of Supreme Audit and the integrity Commission ».
He believes that« the advancement of economic reality and build an industrial base restore prestige to the Iraqi industry requires extraordinary efforts by all state institutions and to address to those who conspire to disrupt the production process in the country and make it a consumer only, in order to make a profit from import contracts , which do not serve the interest of the country ».
in the same context, al - Shammari detect the opening of the Minister of Industry and minerals written Almqalbh automatic in the foundry and sections iron plant in structures lab affiliated to the General Company for steel Industries», adding that «those fonts used for military industries and civil».
Furthermore, announced the General Company auto and equipment , one of the Ministry of industry and minerals fire sale of trucks and specialized equipment to ensure citizens in installments in exchange for property value covers the amount of the truck.
http://ift.tt/1WkyRpg
the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
tlm724: diff source
New measures in the way of economic reform 53 Show Last update: Saturday, April 9, 2016 - 10:15New measures in the way of economic reform
BAGHDAD - Ahmed Abed Rabbo promised the Ministry of Industry and Minerals establishment of Industrial Coordination Council by the Council of Ministers «modern window» towards integration Alaguetsada.aota this at a time when the Commission announced the restructuring of public companies, which includes 10 ministries to take important measures for economic reform.
The official ministry spokesman Abdul Wahid al-Shammari said in a statement »Sabah»: The «Cabinet approval for the formation of Industrial Coordination Council, a step towards economic integration among various industrial sectors, like the rest of the world».
He pointed out that «this council is a modern window will achieve integration between public and private sectors, as well as civil society organizations». Cabinet agreed Tuesday to establish Industrial Coordination Council, while Sennacherib decided to liquidate the company to irrigation techniques of the Ministry of Agriculture.
With regard to the Committee on corporate restructuring, Shammari added that «the committee formed by the Council of Ministers headed by the Minister of Industry and Minerals Mohammed Darraji includes membership representatives from ten ministries have taken several important measures aimed at economic reform and the advancement of the public companies, according to the National Development Plan of the stomach and the study of before the advisers ».
He pointed out that «the Commission is working on a restructuring of those companies and referred to the investment in the form of stages in collaboration with the World Bank, which would make them turn into profitable companies is reflected at the national economy and the standard of living for Mlakatha».
The Al-Shammari said that «the restructuring ensures companies to operate according to economic principles of proper business standards, and will have high competitiveness, thus contributing to the creation of other jobs, with investment of human Mlakatha, through the introduction of modern technology and trained at the highest skill and competence levels».
He said that «investors who want to get those precious opportunities, their choice in the number of angels that they need, and the state will provide surplus staffs' salaries», revealing «the presence of a great desire among Iraqis and foreign investors to invest in these companies, especially after the amendments made to contracts formats» .
Regarding the steps to activate the work, said the official spokesman for the «The Commission is currently working to make legislation and laws related to investing more flexible through direct contact with the judicial and legislative power»,
adding that «the Committee shall hold regular meetings to develop a well thought out and effective recommendations from all sides and then lifting the General Secretariat Council of Ministers for approval under the supervision of Supreme Audit and the integrity Commission. »
He believes that «the advancement of economic reality and build an industrial base restore prestige to the Iraqi industry requires extraordinary efforts by all state institutions and to address to those who conspire to disrupt the production process in the country and make it a consumer only, in order to make a profit from import contracts that do not serve the interest of the country.»
In the same context, al-Shammari detect the opening of the Minister of Industry and Minerals written Almqalbh automatic in the foundry and sections iron plant in the structures of the plant to a public company Steel Industries », adding that« those fonts used for military industries and civil ».
Furthermore, the State Company for Automotive Industry announced and one of the equipment and the Ministry of Industry and Minerals companies launch the sale of trucks and specialized equipment to ensure citizens in installments in exchange for property value covers the amount of the truck. http://ift.tt/1qfs2ZC
http://ift.tt/1WkyPOe
~~~~~~~~~~~
Rising dollar natural result of lower supply
9/4/2016 0:00 Economic confirms that the pace is steady and lasting
BAGHDAD Mustafa Hashimi economic academic said Dr. Essam Mahouelle: Rising dollar exchange rate recently was the result of a lack of supply due to lower oil prices , which are the main source of this currency for Iraq.
He Mahouelle in an interview with «morning» that the public to resort to the acquisition of the dollar serves as a savings as it was the savings and the hoarding of gold in previous periods, pointing out that citizens, in case their acquisition of other currencies such as the euro , it will help a lot in reducing the price of the dollar.
he said that Iraq is a dollar areas where it is this currency Top value and fastest drainage in the local markets, stressing that this rally will not last long and did not last the rise in oil prices in the last few years.
He stressed the need that the public is aware of the alternatives of savings and diversify as ( a small basket of currencies) and not confined to hoarding the dollar, being vulnerable to the global and US economic conditions, which requires the presence of (bumper safe) protect them from the vagaries of the dollar 's decline and shake the markets.
and saw the local markets in the past weeks , rising dollar exchange rates against the dinar to about 130 thousand dinars per hundred dollars, what he sees analysts as great rates compared to the Previous rates for the dollar as it was at 122 thousand dinars per hundred dollars.
among Mahouelle importance of inventory dollar traded foreign trade transactions only and not to adopt it as a substitute for the dinar in trading markets and internal trade, indicating that this procedure would enhance the value of national currency to foreign currency and raises the internal trading dinars.
The sale price of the dollar (buying citizen of banking offices) stood at rate of 1275 dinars to the dollar as record purchase price (sale of the citizen to the shops , banking) 1285 dinars rate per dollar.
The central bank has announced dollar amounts sold on Thursday last in the auction currency.
the bulletin of the Bank own auction currency that the amount sold by the Central price of the auction amounted to 91 million and 959 thousand and 994 dinars at a price of 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 20 companies of the financial transfer ».
according to Central Bank Law , it shall be responsible for maintaining price stability and the implementation of monetary policy (including exchange rate policies), as well as management of foreign reserves and the issuance of currency management, as well as regulate the banking sector to promote a competitive and stable financial system.
http://ift.tt/1qfs17U
tlm724: among Mahouelle importance of inventory dollar traded foreign trade transactions only and not to adopt it as a substitute for the dinar in trading markets and internal trade, indicating that this procedure would enhance the value of national currency to foreign currency and raises the internal trading dinars.
http://ift.tt/1WkyRpi
The central bank has announced dollar amounts sold on Thursday last in the auction currency.
the bulletin of the Bank own auction currency that the amount sold by the Central price of the auction amounted to 91 million and 959 thousand and 994 dinars at a price of 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 20 companies of the financial transfer ».
according to Central Bank Law , it shall be responsible for maintaining price stability and the implementation of monetary policy (including exchange rate policies), as well as management of foreign reserves and the issuance of currency management, as well as regulate the banking sector to promote a competitive and stable financial system.
http://ift.tt/1qfs17U
tlm724: among Mahouelle importance of inventory dollar traded foreign trade transactions only and not to adopt it as a substitute for the dinar in trading markets and internal trade, indicating that this procedure would enhance the value of national currency to foreign currency and raises the internal trading dinars.
http://ift.tt/1WkyRpi
via Dinar Recaps - Our Blog http://ift.tt/1qfs2ZE
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