DINAR UPDATES 4-8-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Friday AM Chat 4-8-16 Part 3 of 3
rcookie says():SO THE IMF EXECUTIVE BOARD GRANTED A NON COMPLIANCE WAIVER...AND CONCLUDED NO FURTHER REMEDIAL ACTION WAS NECESSARY....
rcookie says():The noncompliant disbursement arose as a result of misreporting on the observance of the standard continuous PC for the non-imposition or intensification of restrictions on the making of payments and transfers for current international transactions.
In October 2012, staff learned that during the last quarter of 2010 the Central Bank of Iraq (CBI) issued three circulars on the daily foreign exchange auctions that gave rise to exchange restrictions subject to IMF jurisdiction.
~~~
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Friday AM Chat 4-8-16 Part 3 of 3
rcookie says():SO THE IMF EXECUTIVE BOARD GRANTED A NON COMPLIANCE WAIVER...AND CONCLUDED NO FURTHER REMEDIAL ACTION WAS NECESSARY....
rcookie says():The noncompliant disbursement arose as a result of misreporting on the observance of the standard continuous PC for the non-imposition or intensification of restrictions on the making of payments and transfers for current international transactions.
In October 2012, staff learned that during the last quarter of 2010 the Central Bank of Iraq (CBI) issued three circulars on the daily foreign exchange auctions that gave rise to exchange restrictions subject to IMF jurisdiction.
~~~
rcookie says():The circulars: (a) introduced maximum limits on the availability of foreign currency cash for individuals, (b) introduced limits on the availability of foreign currency cash through the CBI foreign exchange auctions to money transfer companies and exchange bureaus, and (c) introduced and (d) later intensified a requirement to present a tax clearance certificate for firms to transfer funds in excess of certain amounts purchased through the CBI auctions.
rcookie says():The restriction on the availability of foreign currency cash for individuals was temporary, as the CBI repealed it in August 2011. The authorities have taken appropriate corrective action by removing the remaining restrictions in the course of 2013. On this basis, the Executive Board granted a waiver for the nonobservance of the PC.
rcookie says():THESE ARE THINGS THEY WENT THROUGH IN 2011 THAT WERE IDENTIFIED AND ADDRESSED...HOWEVER ARE PART OF THE ARTICLE 8 OBLIGATIONS AND PROCESS....THEY REMOVED THE REMAININ RESTRICTIONS IN 2013^^^^
rcookie says():The Executive Board also found that the inaccurate reporting on the observance of the PC also gave rise to Iraq’s breach of its obligations under Article VIII, Section 5, of the IMF’s Articles of Agreement, which requires member countries to furnish such information as the Fund deems necessary for its activities, including information that is necessary to assess observance of PCs.
rcookie says():The CBI introduced the necessary changes in its procedures in order to share circulars with the IMF in a timely manner and
regularly publish the circulars on the CBI website. In view of the commitment by Iraq to provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided not to require any further remedial action in connection with the breach of obligations under Article VIII, Section 5.
rcookie says():remember they just announced recent changes to currency limits from 5000 to 3000 for travelers...students or those leaving country for medical treatments....
rcookie says():SO THEY WERE FOUND IN VIOLATION...SPANKED AND CORRECTED...
rcookie says():HERE IS THE LINK TO THAT IMF PRESS RELEASE...
http://ift.tt/1poTCUb
rcookie says():this is section 5 of article viii that they were in breach of......
rcookie says():Section 5.Furnishing of information(a) The Fund may require members to furnish it with such information as it deems necessary for its activities, including, as the minimum necessary for the effective discharge of the Fund’s duties, national data on the following matters:
rcookie says():(i) official holdings at home and abroad of (1) gold, (2) foreign exchange;(ii) holdings at home and abroad by banking and financial agencies, other than official agencies, of (1) gold, (2) foreign exchange;(iii) production of gold;(iv) gold exports and imports according to countries of destination and origin;
rcookie says():(v) total exports and imports of merchandise, in terms of local currency values, according to countries of destination and origin; (vi) international balance of payments, including (1) trade in goods and services, (2) gold transactions, (3) known capital transactions, and (4) other items;
(vii) international investment position, i.e., investments within the territories of the member owned abroad and investments abroad owned by persons in its territories so far as it is possible to furnish this information;(viii) national income;
rcookie says():(ix) price indices, i.e., indices of commodity prices in wholesale and retail markets and of export and import prices;(x) buying and selling rates for foreign currencies;(xi) exchange controls, i.e., a comprehensive statement of exchange controls in effect at the time of assuming membership in the Fund and details of subsequent changes as they occur;
and(xii) where official clearing arrangements exist, details of amounts awaiting clearance in respect of commercial and financial transactions, and of the length of time during which such arrears have been outstanding.
rcookie says():(b) In requesting information the Fund shall take into consideration the varying ability of members to furnish the data requested. Members shall be under no obligation to furnish information in such detail that the affairs of individuals or corporations are disclosed.
Members undertake, however, to furnish the desired information in as detailed and accurate a manner as is practicable and, so far as possible, to avoid mere estimates.
rcookie says():(c) The Fund may arrange to obtain further information by agreement with members. It shall act as a centre for the collection and exchange of information on monetary and financial problems, thus facilitating the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.
rcookie says():SO THAT IS SECTION 5 OF ARTICLE VIII'S 7 ARTICLES...AND THE ONE THAT IRAQ WAS IN BREACH OF IN 2011....
rcookie says():THE OTHER ARTICLE THAT EXPERTS SAY IS TO BE CHALLENGING IN MAINTAINING COMPLIANCE ON...ESPECIALLY IN TODAYS ENVIRONMENT IS ARTICLE 3....
rcookie says():section 3... not article 3*
rcookie says():Section 3. Avoidance of discriminatory currency practicesNo member shall engage in, or permit any of its fiscal agencies referred to in Article V, Section 1 to engage in, any discriminatory currency arrangements or multiple currency practices, whether within or outside margins under Article IV or prescribed by or under Schedule C, except as authorized under this Agreement or approved by the Fund.
If such arrangements and practices are engaged in at the date when this Agreement enters into force, the member concerned shall consult with the Fund as to their progressive removal unless they are maintained or imposed under Article XIV, Section 2, in which case the provisions of Section 3 of that Article shall apply.
rcookie says():HERE IS THE LINK FOR ARTICLE VIII OBLIGATIONS FROM IMF...
Article VIII: General Obligations of Members
http://ift.tt/1poTFPB
rcookie says():and....lastly...as the tie in to 2016 imf loi/mefp/tech mou here it is........
rcookie says():anyone still here.......
rcookie says():lol
larrykn says():yes I'm reading lol
bibi says to rcookie():yes, still here! thanks, Rcookie!
Woodywoodpecker says():yes
rcookie says():so...they have had exchange restrictions handled since 2013.....
rcookie says():and mcp's in ink being reduced by 75% over 24 months since jan 2015.....25% in 2015...and 50% in 2016 for total of 75% reduction.....and since we know they had $44 billion in auction sales....we know they are on plan to have $22 billion or less in 2016....divide that by 12 months...
bibi says to rcookie():Great progress! woo hoo~
da58 says to rcookie():yes - reading all this.. thx..
rcookie says to da58():yvw..
da58 says to rcookie():so - the current auctions are right in line..
da58 says to rcookie():appears so..
da58 says to rcookie():great research - wow..
bibi says to rcookie():It's so amazing to see it all falling in place, truly extraordinary!
BGG says to rcookie():of course, Iraq (and the previous thugs running the place) are always in breach of something... world support for Abadi and reforms right now, speaks volumes.
BGG says to rcookie():we should talk this over later - I'll be out till late this afternoon though.
bibi says to BGG():Yes, great to see the support for Abadi and the reforms. That's reassuring, to say the least.
rcookie says():there is one of the siemens projects...in basra....
rcookie says():Industry opens plant structures ferrous and ferrous foundries plant in Kaza Taji
April 7, 2016 4 0 Economy/Baghdad Opened by the Ministry of industry and minerals, Thursday, 2 steel industries spend Taji, North of Baghdad, and promised him move in the steel industries in the history of Iraq, calling on all State institutions to contract with the State company for steel industries to possess six giant plants
He said Industry Minister Mohamed Al-daradji's owner, on the sidelines of the opening of laboratories in General steel industries company plant steel structures and steel foundries plant in Taji, North of Baghdad, juvenile justice, and attended by the correspondent economy newsletter, that "the day we opened two new productive plant overhead rail sections walkrinat and plant the other rocket mortar ballistics Lab", stating that "the opening of these teachers were moved in the steel industries in the history of Iraq."
Daraji said, that "the Ministry has products at the borders of 164 billion dinars during the six months and is twice the annual budget", adding that "the Ministry of industry need not state if other ministries cooperated and buy the product we will support the State budget by 4 or 5%."
He said Al-daraji, there are 163 devastating bridge in the liberated areas of the control regulation (daash) this plant reconstruction of these bridges if the competent ministries and faith for these products for the reconstruction of destroyed bridges. LINK
david212 says to BGG(: If anyone has the time I was curious about a back up plan to in case the Parliment still insists on resisting Abadi's cabinet. I understand that there is enough of a hub bub for Kerry to express concern for political instability to spill over into the military effort in Mosul.
rcookie says():2 new steel plants opened...north of baghdad...with plans for 6 giant plants.....
david212 says():No big deal don't have to respond your very busy
rcookie says to david212():bgg left 10 minutes ago..
david212 says():Okay no problem
rcookie says():figures....is tgat the one with the comments during nt last night
rcookie says():Baghdad, the Kurdish delegation arrives and starts meeting with Kerry in the US embassy
History Tahrir:: 2016/4/8 15:56 • 58 times mqrw’h
Baghdad, the Kurdish delegation arrives and starts meeting with Kerry in the US embassy
{Baghdad} Euphrates News began meeting the Prime Minister of the Kurdistan region Nechirvan Barzani with US Secretary of State John Kerry on Friday at the US embassy in Baghdad building.
A source told {Euphrates News}, that " the delegation Kurdistan Regional Government , headed by Nechirvan Barzani arrived at 13:45 in the afternoon of Friday, the Iraqi capital , Baghdad, where they will be meeting later with Prime Minister Haider al - Abadi, a number of Iraqi officials to others . " .
Kurdistan Regional Government delegation to Baghdad and includes both Vice President of the Kurdistan Regional Government , Qubad Talabani, the head of the Presidium of the region , Fouad Hussein, the provincial government spokesman Falah Mustafa, as well as the US Consul General in Erbil Matthias Mettmann. "ended h http://ift.tt/1RXNTvU
rcookie says():Kerry Ebadi: America stands firmly with Iraq to cross the financial challenge facing the
History Tahrir:: 2016/4/8 18:25 • 24 times mqrw’h
http://ift.tt/1qEeuHW
rcookie says():oil at $40.04...............
MrsBGG says to rcookie():Whoo hoo rcookie!!
rcookie says():Consultant Abadi: Governmental obsession go from the 5 trillion to the private sector without them [voice]
History Tahrir:: 2016/4/8 8:24 • 304 times mqrw’h [Wayne - special] stressed adviser to Prime Minister Haider al - Abadi, that there is an obsession with the state that goes dedicated to supporting the private sector in misplaced the $ 5 trillion dinars, or that the tainted by corruption.
He said the appearance Saleh told all of Iraq [where] that " the amount of the 5 trillion dinars allocated by the central bank to run the Iraqi economy and raising the level of growth in it, should go to the right goals, and the state is very careful and accurate in the subject of the disbursement of these loans and dispose of them, and fortify of corruption, or go to a non - allocated purposes. "
He stressed that" the government does not want to hand over the money to the wrong people, who do not serve development in Iraq. "
Saleh explained that" the loan in two forms, the first terms of microfinance, which will cost a trillion dinars, and guaranteed private banks, an interest rate not to exceed 5% for a period of about 3 years, and is allocated to finance small businesses, small such as markets, shops carpentry, blacksmithing and other .... "
he noted that" the second form of loans, is a financing medium and large, and will be handled by the industrial and agricultural two banks, in addition to the housing fund. "
and Saleh that" loans to fund housing dedicated to housing only, which is about 50 million every citizen guarantees and soft interest
,
rcookie says():and fortified standards of corruption, such as the opening credits and studies feasibility. "
he was a member of the Committee on economy and investment parliamentary proof Mamouri has warned of" the consequences of wasting money within the central bank for supporting industrial and agricultural projects to the private sector amounting to five trillion dinars initiative. "
said Mamouri in a statement, he said that" a lot of previous initiatives hundreds bellowed where billions of dinars did not achieve their goals because of the corruption that accompanied these initiatives, particularly with regard to the agricultural side. "
He added that" the most influential figures in the agricultural Bank still manages this process despite the failure that has plagued these initiatives in the past and that bellowed big money because of mismanagement and corruption who accompanied her , "noting that his committee" will be audited each file are lending and follow - up on the ground , either agricultural or industrial or residential. "
rcookie says():
http://ift.tt/1RXNTvW
rcookie says():wanting to know of identification of 5 trillion in funding earmarked for private sector projects...allocated by the central bank and drive economic growth...and assurement that the funds arrive to their intended targets....as loans disbursed....
and not fall by the ways of corrupt non intended sources....saleh lays out 2 axes plan...1st being microfinancing worth 1 trillion guaranteed at private banks at interest no more than 5% and 3 year terms for small businesses....and the second....for medium to large loans for industrial and agriculture sectors
rcookie says():and complains that the same individuals in charge at some of the industrial & agricultural banks that have squandered funds and programs in the past....
rcookie says():US, Iraq to Train More Iraqi Forces to Retake Territory from Daesh - Kerry
08/04/2016 18:59 (Updated 19:08 08.04.2016) US Secretary of State John Kerry said that US-led coalition plans to work with Iraq to 'turn up the pressure' on Daesh terrorists embedded in the country by targeting more of the group's leaders.
Iraqi men collect humanitarian aid supplies provided by the US development agency USAID to displaced Iraqis who have fled clashes between Islamic State group jihadists and Peshmerga fighters, on October 2, 2014, in the town of Daquq, around 180 kilometres (110 miles) north of Baghdad
© AFP 2016 / MARWAN IBRAHIM US Provides $ 155Mln in Additional Humanitarian Aid to Iraq
WASHINGTON (Sputnik) - The US- led coalition plans to work with Iraq to 'turn up the pressure' on Daesh terrorists embedded in the country by targeting more of the group's leaders and training more Iraqi forces, US Secretary of State John Kerry said during a press conference in Iraq on Friday.
rcookie says():In the coming weeks and months, the coalition will work with Iraq to turn up the pressure even further," Kerry said. "We will continue targeting and taking out Daesh's leaders and we will train local forces to take and hold more ground."
Kerry warned during his unannounced trip to the country on Friday that the Iraqi forces would continue to work to "improve every aspect of our capability" against Daesh and would "not be complacent at any point in this campaign."
Washington shares Iraqi Prime Minister Haider Abadi's goal of liberating the country's second largest city Mosul, "as quickly as possible," Kerry added.
In recent weeks, the Obama administration has hinted at further enabling Iraqi forces to retake Mosul from Daesh insurgents. Earlier in March, Joint Chiefs of Staff chairman Gen. Joseph Dunford said the Pentagon planned to recommend to the US president that more support should be provided to Iraqi security forces to reclaim Mosul.
On Thursday, Combined Joint Forces Land Component Command-Iraq Maj. Gen. Gary Volesky told US media that the US-led coalition was preparing the Iraqi forces to take back Mosul, but expected the mission to be a difficult one.
The Mosul offense comes nearly four months after Iraqi forces in December landed a major victory after they regained control over most parts of Ramadi, the capital of the western Iraqi Anbar province, which had been occupied by Daesh since last May.
http://ift.tt/1QhqLGM
rcookie says():The restriction on the availability of foreign currency cash for individuals was temporary, as the CBI repealed it in August 2011. The authorities have taken appropriate corrective action by removing the remaining restrictions in the course of 2013. On this basis, the Executive Board granted a waiver for the nonobservance of the PC.
rcookie says():THESE ARE THINGS THEY WENT THROUGH IN 2011 THAT WERE IDENTIFIED AND ADDRESSED...HOWEVER ARE PART OF THE ARTICLE 8 OBLIGATIONS AND PROCESS....THEY REMOVED THE REMAININ RESTRICTIONS IN 2013^^^^
rcookie says():The Executive Board also found that the inaccurate reporting on the observance of the PC also gave rise to Iraq’s breach of its obligations under Article VIII, Section 5, of the IMF’s Articles of Agreement, which requires member countries to furnish such information as the Fund deems necessary for its activities, including information that is necessary to assess observance of PCs.
rcookie says():The CBI introduced the necessary changes in its procedures in order to share circulars with the IMF in a timely manner and
regularly publish the circulars on the CBI website. In view of the commitment by Iraq to provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided not to require any further remedial action in connection with the breach of obligations under Article VIII, Section 5.
rcookie says():remember they just announced recent changes to currency limits from 5000 to 3000 for travelers...students or those leaving country for medical treatments....
rcookie says():SO THEY WERE FOUND IN VIOLATION...SPANKED AND CORRECTED...
rcookie says():HERE IS THE LINK TO THAT IMF PRESS RELEASE...
http://ift.tt/1poTCUb
rcookie says():this is section 5 of article viii that they were in breach of......
rcookie says():Section 5.Furnishing of information(a) The Fund may require members to furnish it with such information as it deems necessary for its activities, including, as the minimum necessary for the effective discharge of the Fund’s duties, national data on the following matters:
rcookie says():(i) official holdings at home and abroad of (1) gold, (2) foreign exchange;(ii) holdings at home and abroad by banking and financial agencies, other than official agencies, of (1) gold, (2) foreign exchange;(iii) production of gold;(iv) gold exports and imports according to countries of destination and origin;
rcookie says():(v) total exports and imports of merchandise, in terms of local currency values, according to countries of destination and origin; (vi) international balance of payments, including (1) trade in goods and services, (2) gold transactions, (3) known capital transactions, and (4) other items;
(vii) international investment position, i.e., investments within the territories of the member owned abroad and investments abroad owned by persons in its territories so far as it is possible to furnish this information;(viii) national income;
rcookie says():(ix) price indices, i.e., indices of commodity prices in wholesale and retail markets and of export and import prices;(x) buying and selling rates for foreign currencies;(xi) exchange controls, i.e., a comprehensive statement of exchange controls in effect at the time of assuming membership in the Fund and details of subsequent changes as they occur;
and(xii) where official clearing arrangements exist, details of amounts awaiting clearance in respect of commercial and financial transactions, and of the length of time during which such arrears have been outstanding.
rcookie says():(b) In requesting information the Fund shall take into consideration the varying ability of members to furnish the data requested. Members shall be under no obligation to furnish information in such detail that the affairs of individuals or corporations are disclosed.
Members undertake, however, to furnish the desired information in as detailed and accurate a manner as is practicable and, so far as possible, to avoid mere estimates.
rcookie says():(c) The Fund may arrange to obtain further information by agreement with members. It shall act as a centre for the collection and exchange of information on monetary and financial problems, thus facilitating the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.
rcookie says():SO THAT IS SECTION 5 OF ARTICLE VIII'S 7 ARTICLES...AND THE ONE THAT IRAQ WAS IN BREACH OF IN 2011....
rcookie says():THE OTHER ARTICLE THAT EXPERTS SAY IS TO BE CHALLENGING IN MAINTAINING COMPLIANCE ON...ESPECIALLY IN TODAYS ENVIRONMENT IS ARTICLE 3....
rcookie says():section 3... not article 3*
rcookie says():Section 3. Avoidance of discriminatory currency practicesNo member shall engage in, or permit any of its fiscal agencies referred to in Article V, Section 1 to engage in, any discriminatory currency arrangements or multiple currency practices, whether within or outside margins under Article IV or prescribed by or under Schedule C, except as authorized under this Agreement or approved by the Fund.
If such arrangements and practices are engaged in at the date when this Agreement enters into force, the member concerned shall consult with the Fund as to their progressive removal unless they are maintained or imposed under Article XIV, Section 2, in which case the provisions of Section 3 of that Article shall apply.
rcookie says():HERE IS THE LINK FOR ARTICLE VIII OBLIGATIONS FROM IMF...
Article VIII: General Obligations of Members
http://ift.tt/1poTFPB
rcookie says():and....lastly...as the tie in to 2016 imf loi/mefp/tech mou here it is........
rcookie says():anyone still here.......
rcookie says():lol
larrykn says():yes I'm reading lol
bibi says to rcookie():yes, still here! thanks, Rcookie!
Woodywoodpecker says():yes
rcookie says():so...they have had exchange restrictions handled since 2013.....
rcookie says():and mcp's in ink being reduced by 75% over 24 months since jan 2015.....25% in 2015...and 50% in 2016 for total of 75% reduction.....and since we know they had $44 billion in auction sales....we know they are on plan to have $22 billion or less in 2016....divide that by 12 months...
bibi says to rcookie():Great progress! woo hoo~
da58 says to rcookie():yes - reading all this.. thx..
rcookie says to da58():yvw..
da58 says to rcookie():so - the current auctions are right in line..
da58 says to rcookie():appears so..
da58 says to rcookie():great research - wow..
bibi says to rcookie():It's so amazing to see it all falling in place, truly extraordinary!
BGG says to rcookie():of course, Iraq (and the previous thugs running the place) are always in breach of something... world support for Abadi and reforms right now, speaks volumes.
BGG says to rcookie():we should talk this over later - I'll be out till late this afternoon though.
bibi says to BGG():Yes, great to see the support for Abadi and the reforms. That's reassuring, to say the least.
rcookie says():there is one of the siemens projects...in basra....
rcookie says():Industry opens plant structures ferrous and ferrous foundries plant in Kaza Taji
April 7, 2016 4 0 Economy/Baghdad Opened by the Ministry of industry and minerals, Thursday, 2 steel industries spend Taji, North of Baghdad, and promised him move in the steel industries in the history of Iraq, calling on all State institutions to contract with the State company for steel industries to possess six giant plants
He said Industry Minister Mohamed Al-daradji's owner, on the sidelines of the opening of laboratories in General steel industries company plant steel structures and steel foundries plant in Taji, North of Baghdad, juvenile justice, and attended by the correspondent economy newsletter, that "the day we opened two new productive plant overhead rail sections walkrinat and plant the other rocket mortar ballistics Lab", stating that "the opening of these teachers were moved in the steel industries in the history of Iraq."
Daraji said, that "the Ministry has products at the borders of 164 billion dinars during the six months and is twice the annual budget", adding that "the Ministry of industry need not state if other ministries cooperated and buy the product we will support the State budget by 4 or 5%."
He said Al-daraji, there are 163 devastating bridge in the liberated areas of the control regulation (daash) this plant reconstruction of these bridges if the competent ministries and faith for these products for the reconstruction of destroyed bridges. LINK
david212 says to BGG(: If anyone has the time I was curious about a back up plan to in case the Parliment still insists on resisting Abadi's cabinet. I understand that there is enough of a hub bub for Kerry to express concern for political instability to spill over into the military effort in Mosul.
rcookie says():2 new steel plants opened...north of baghdad...with plans for 6 giant plants.....
david212 says():No big deal don't have to respond your very busy
rcookie says to david212():bgg left 10 minutes ago..
david212 says():Okay no problem
rcookie says():figures....is tgat the one with the comments during nt last night
rcookie says():Baghdad, the Kurdish delegation arrives and starts meeting with Kerry in the US embassy
History Tahrir:: 2016/4/8 15:56 • 58 times mqrw’h
Baghdad, the Kurdish delegation arrives and starts meeting with Kerry in the US embassy
{Baghdad} Euphrates News began meeting the Prime Minister of the Kurdistan region Nechirvan Barzani with US Secretary of State John Kerry on Friday at the US embassy in Baghdad building.
A source told {Euphrates News}, that " the delegation Kurdistan Regional Government , headed by Nechirvan Barzani arrived at 13:45 in the afternoon of Friday, the Iraqi capital , Baghdad, where they will be meeting later with Prime Minister Haider al - Abadi, a number of Iraqi officials to others . " .
Kurdistan Regional Government delegation to Baghdad and includes both Vice President of the Kurdistan Regional Government , Qubad Talabani, the head of the Presidium of the region , Fouad Hussein, the provincial government spokesman Falah Mustafa, as well as the US Consul General in Erbil Matthias Mettmann. "ended h http://ift.tt/1RXNTvU
rcookie says():Kerry Ebadi: America stands firmly with Iraq to cross the financial challenge facing the
History Tahrir:: 2016/4/8 18:25 • 24 times mqrw’h
http://ift.tt/1qEeuHW
rcookie says():oil at $40.04...............
MrsBGG says to rcookie():Whoo hoo rcookie!!
rcookie says():Consultant Abadi: Governmental obsession go from the 5 trillion to the private sector without them [voice]
History Tahrir:: 2016/4/8 8:24 • 304 times mqrw’h [Wayne - special] stressed adviser to Prime Minister Haider al - Abadi, that there is an obsession with the state that goes dedicated to supporting the private sector in misplaced the $ 5 trillion dinars, or that the tainted by corruption.
He said the appearance Saleh told all of Iraq [where] that " the amount of the 5 trillion dinars allocated by the central bank to run the Iraqi economy and raising the level of growth in it, should go to the right goals, and the state is very careful and accurate in the subject of the disbursement of these loans and dispose of them, and fortify of corruption, or go to a non - allocated purposes. "
He stressed that" the government does not want to hand over the money to the wrong people, who do not serve development in Iraq. "
Saleh explained that" the loan in two forms, the first terms of microfinance, which will cost a trillion dinars, and guaranteed private banks, an interest rate not to exceed 5% for a period of about 3 years, and is allocated to finance small businesses, small such as markets, shops carpentry, blacksmithing and other .... "
he noted that" the second form of loans, is a financing medium and large, and will be handled by the industrial and agricultural two banks, in addition to the housing fund. "
and Saleh that" loans to fund housing dedicated to housing only, which is about 50 million every citizen guarantees and soft interest
,
rcookie says():and fortified standards of corruption, such as the opening credits and studies feasibility. "
he was a member of the Committee on economy and investment parliamentary proof Mamouri has warned of" the consequences of wasting money within the central bank for supporting industrial and agricultural projects to the private sector amounting to five trillion dinars initiative. "
said Mamouri in a statement, he said that" a lot of previous initiatives hundreds bellowed where billions of dinars did not achieve their goals because of the corruption that accompanied these initiatives, particularly with regard to the agricultural side. "
He added that" the most influential figures in the agricultural Bank still manages this process despite the failure that has plagued these initiatives in the past and that bellowed big money because of mismanagement and corruption who accompanied her , "noting that his committee" will be audited each file are lending and follow - up on the ground , either agricultural or industrial or residential. "
rcookie says():
http://ift.tt/1RXNTvW
rcookie says():wanting to know of identification of 5 trillion in funding earmarked for private sector projects...allocated by the central bank and drive economic growth...and assurement that the funds arrive to their intended targets....as loans disbursed....
and not fall by the ways of corrupt non intended sources....saleh lays out 2 axes plan...1st being microfinancing worth 1 trillion guaranteed at private banks at interest no more than 5% and 3 year terms for small businesses....and the second....for medium to large loans for industrial and agriculture sectors
rcookie says():and complains that the same individuals in charge at some of the industrial & agricultural banks that have squandered funds and programs in the past....
rcookie says():US, Iraq to Train More Iraqi Forces to Retake Territory from Daesh - Kerry
08/04/2016 18:59 (Updated 19:08 08.04.2016) US Secretary of State John Kerry said that US-led coalition plans to work with Iraq to 'turn up the pressure' on Daesh terrorists embedded in the country by targeting more of the group's leaders.
Iraqi men collect humanitarian aid supplies provided by the US development agency USAID to displaced Iraqis who have fled clashes between Islamic State group jihadists and Peshmerga fighters, on October 2, 2014, in the town of Daquq, around 180 kilometres (110 miles) north of Baghdad
© AFP 2016 / MARWAN IBRAHIM US Provides $ 155Mln in Additional Humanitarian Aid to Iraq
WASHINGTON (Sputnik) - The US- led coalition plans to work with Iraq to 'turn up the pressure' on Daesh terrorists embedded in the country by targeting more of the group's leaders and training more Iraqi forces, US Secretary of State John Kerry said during a press conference in Iraq on Friday.
rcookie says():In the coming weeks and months, the coalition will work with Iraq to turn up the pressure even further," Kerry said. "We will continue targeting and taking out Daesh's leaders and we will train local forces to take and hold more ground."
Kerry warned during his unannounced trip to the country on Friday that the Iraqi forces would continue to work to "improve every aspect of our capability" against Daesh and would "not be complacent at any point in this campaign."
Washington shares Iraqi Prime Minister Haider Abadi's goal of liberating the country's second largest city Mosul, "as quickly as possible," Kerry added.
In recent weeks, the Obama administration has hinted at further enabling Iraqi forces to retake Mosul from Daesh insurgents. Earlier in March, Joint Chiefs of Staff chairman Gen. Joseph Dunford said the Pentagon planned to recommend to the US president that more support should be provided to Iraqi security forces to reclaim Mosul.
On Thursday, Combined Joint Forces Land Component Command-Iraq Maj. Gen. Gary Volesky told US media that the US-led coalition was preparing the Iraqi forces to take back Mosul, but expected the mission to be a difficult one.
The Mosul offense comes nearly four months after Iraqi forces in December landed a major victory after they regained control over most parts of Ramadi, the capital of the western Iraqi Anbar province, which had been occupied by Daesh since last May.
http://ift.tt/1QhqLGM
rcookie says():Abadi and Barzani discuss reforms and change Ministerial
08/04/2016 19:19 Search Prime Minister Haider al-Abadi with the head of the Kurdistan Regional Government Nechirvan Barzani and his accompanying delegation, on Friday, reforms and change file Ministerial and the emphasis on support for the benefit of all Iraqis.
A statement by the Office of Abadi, received "Tomorrow Press", a copy of it, that "the Prime Minister Haider al-Abadi, received today, the President of the Kurdistan Regional Government Nechirvan Barzani and his accompanying delegation."
The statement added that "it was stressed during the meeting, which took place in an atmosphere of frankness and friendly, the importance of cooperation and coordination and joint action to eliminate the risk Daash that threatens Iraq and its people and all its components, and to proceed with the liberalization of Mosul, also discussed reforms and change the ministerial and the emphasis on support to achieve interest of all Iraqis. "
The Abadi, according to the statement, that "it is in all our interests that Iraq remain united and we are keen to continue cooperation and coordination and to promote the principle of partnership with the Kurdistan region."
"The liberation of Mosul important for us and we must preserve the unity of the city after its liberation and the cooperation and agreement on this would resolve the battle as soon as possible and restore security and stability to the province."
rcookie says():He called Al-Abbadi, for "address all issues relating to the relationship between the federal government and the Kurdistan Regional Government realistic and serious", also reviewed the reforms and the ministerial change, stressing his commitment to "meet popular demands for reform and representation of all segments of Iraqi society in a fair, the fact that the change does not amount to an abuse of any person or component".
For his part, Nechirvan Barzani stressed "the importance of developing the relationship with the federal government and increase communication and the need to operate on the principle of partnership, once again support the reforms and stand together in general security and economic challenges facing the country and the continued coordination to resolve the battle to liberate Mosul.
http://ift.tt/1QhqLGM
bibi says to rcookie():THAT sounds good
rcookie says to bibi():yes it does....
rcookie says to bibi():"operate on the principles of partnership"........
rcookie says to bibi():support reforms....stand together on all challenges and fronts....
BUCK says():it does not seem that baghdad has ever shown much "principle of partnership" with the kurds....hope they start
08/04/2016 19:19 Search Prime Minister Haider al-Abadi with the head of the Kurdistan Regional Government Nechirvan Barzani and his accompanying delegation, on Friday, reforms and change file Ministerial and the emphasis on support for the benefit of all Iraqis.
A statement by the Office of Abadi, received "Tomorrow Press", a copy of it, that "the Prime Minister Haider al-Abadi, received today, the President of the Kurdistan Regional Government Nechirvan Barzani and his accompanying delegation."
The statement added that "it was stressed during the meeting, which took place in an atmosphere of frankness and friendly, the importance of cooperation and coordination and joint action to eliminate the risk Daash that threatens Iraq and its people and all its components, and to proceed with the liberalization of Mosul, also discussed reforms and change the ministerial and the emphasis on support to achieve interest of all Iraqis. "
The Abadi, according to the statement, that "it is in all our interests that Iraq remain united and we are keen to continue cooperation and coordination and to promote the principle of partnership with the Kurdistan region."
"The liberation of Mosul important for us and we must preserve the unity of the city after its liberation and the cooperation and agreement on this would resolve the battle as soon as possible and restore security and stability to the province."
rcookie says():He called Al-Abbadi, for "address all issues relating to the relationship between the federal government and the Kurdistan Regional Government realistic and serious", also reviewed the reforms and the ministerial change, stressing his commitment to "meet popular demands for reform and representation of all segments of Iraqi society in a fair, the fact that the change does not amount to an abuse of any person or component".
For his part, Nechirvan Barzani stressed "the importance of developing the relationship with the federal government and increase communication and the need to operate on the principle of partnership, once again support the reforms and stand together in general security and economic challenges facing the country and the continued coordination to resolve the battle to liberate Mosul.
http://ift.tt/1QhqLGM
bibi says to rcookie():THAT sounds good
rcookie says to bibi():yes it does....
rcookie says to bibi():"operate on the principles of partnership"........
rcookie says to bibi():support reforms....stand together on all challenges and fronts....
BUCK says():it does not seem that baghdad has ever shown much "principle of partnership" with the kurds....hope they start
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