Post From BondLadys Corner
BondLady & Tlm724 News & Comments 6-12-16 Part 1 of 2
Sadoun: Iraqi constitution is to govern relations in the work of the federal government
12/06/2016 09:27 | Direction Press Special /MP f or the Kurdistan Alliance, Mohsen al-Sadoun said the Iraqi constitution is to govern relations in the work of the federal government.
Sadoun said in an interview for "direction Press" that the Constitution governs the work of the federal government and the relations between the political parties, whether things concerning the Territory or the provinces that are not associated with the province.
He pointed out that there are interruptions to the relationship between the center and the Kurdistan due to the non-application of some of the agreements stipulated in the Iraqi constitution, pointing out that the most important outstanding issues between Baghdad and Erbil,
the problems are the oil problem, because of the enactment of the oil bill in the House of Representatives and exacerbated these things until I reached the relationship between the parties to the stage of the big challenges in the face of terrorism, which occupied some cities in Iraq.
~~~
BondLady & Tlm724 News & Comments 6-12-16 Part 1 of 2
Sadoun: Iraqi constitution is to govern relations in the work of the federal government
12/06/2016 09:27 | Direction Press Special /MP f or the Kurdistan Alliance, Mohsen al-Sadoun said the Iraqi constitution is to govern relations in the work of the federal government.
Sadoun said in an interview for "direction Press" that the Constitution governs the work of the federal government and the relations between the political parties, whether things concerning the Territory or the provinces that are not associated with the province.
He pointed out that there are interruptions to the relationship between the center and the Kurdistan due to the non-application of some of the agreements stipulated in the Iraqi constitution, pointing out that the most important outstanding issues between Baghdad and Erbil,
the problems are the oil problem, because of the enactment of the oil bill in the House of Representatives and exacerbated these things until I reached the relationship between the parties to the stage of the big challenges in the face of terrorism, which occupied some cities in Iraq.
~~~
He added that the Prime Minister Haider al-Abadi and since taking office has not created any crisis, but at the same time could not cope with the crises between the federal government and the government of Iraqi Kurdistan, pointing out that despite meetings between Baghdad and Erbil officials, but the problems are still on hold until now.
http://ift.tt/1UoQ5kE
[tlm724] pointing out that the most important outstanding issues between Baghdad and Erbil, the problems are the oil problem,
He added that the Prime Minister Haider al-Abadi and since taking office has not created any crisis, but at the same time could not cope with the crises between the federal government and the government of Iraqi Kurdistan, pointing out that despite meetings between Baghdad and Erbil officials, but the problems are still on hold until now.
[tlm724] pointing out that despite meetings between Baghdad and Erbil officials, but the problems are still on hold until now.
[tlm724] as they move forward with reform there is a good chance we will see the HCL before parliament, should be interesting after Ramadan
http://ift.tt/1tkRkqA
~~~~~~~~~~~~~~~
What decisions " corrective " that the central committed by a number of banks?
06/12/2016 12:59 BAGHDAD / tomorrow Press : took the Central Bank of Iraq, on Sunday, he called the decisions " corrective " belonging to a number of banks in Iraq .
According to a statement of the bank, she received a " Tomorrow 's Press , " a copy of it, that " the decisions made are :
- 1 - the Council of the Iraqi Central Bank management to take a series of corrective action to the situation of some banks and giving it three months to implement them .
2 - Council of the Iraqi Central Bank management is required ( 8 ) banks to deposit amounts exceeding ( 500) billion dinars to enhance liquidity and to respond to requests from depositors .
3 - the Council needs to be members of the boards of private banks administrations to re - money previous loans from their banks, and the registration of registered real estate names the names of the banks . LINK
tlm724:
1 - the Council of the Iraqi Central Bank management to take a series of corrective action to the situation of some banks and giving it three months to implement them .
[tlm724] CBI has given them 3 months, lets see what it is
2 - Council of the Iraqi Central Bank management is required ( 8 ) banks to deposit amounts exceeding ( 500) billion dinars to enhance liquidity and to respond to requests from depositors
[tlm724] ok nice increase in liquidity
3 - the Council needs to be members of the boards of private banks administrations to re - money previous loans from their banks, and the registration of registered real estate names the names of the banks .
[tlm724] private banks administrations to re - money previous loans from their banks , I am not sure but I think that means the private banks need to call in outstanding loans
http://ift.tt/1tkR0s0
~~~~~~~~~~~~~~~~~
Citizen reveal new reform steps to Ebadi
Political Since 06.12.2016 at 10:46 (Baghdad time) Special - balances News MP for the Bloc citizen Habib Terminal, Sunday, that the banking system is "bad" and he needs to change for some departments, while noting that the prime minister will take a lot of reformist steps coming period.
He's Terminal / balances News /, that "banks to isolate managers from within the reformist path to the Prime Minister Haider al
He added that "the citizen Abadi block with all the reform steps taken by the administration to alter any and coming professional, efficient and honest management."
He pointed out that "everyone with interactive steps Abadi reform," noting that "there will be more reform steps undertaken by the Prime Minister during the coming period."
The office of Iraqi Prime Minister Haider al-Abadi, announced the release of a number of Diwaniyah, the command and the dismissal of intelligence chief and head of the Iraqi Media Network and the heads of banks and Iraqi banks and the appointment of new directors in their stead.
He pointed a government source familiar with L / balance News / Abadi that sacked the heads of government banks against the backdrop of corruption charges while sources confirmed that it came in response to the advice of the World Bank, also sacked the head of the Iraqi Media Network from office for mishandling of the Iraqi Media Network. LINK
From: Nur al-Din Wahba
[tlm724] "there will be more reform steps undertaken by the Prime Minister during the coming period.
[tlm724] bravo !
[tlm724] Abadi that sacked the heads of government banks against the backdrop of corruption charges while sources confirmed that it came in response to the advice of the World Bank,
[tlm724] hello !!!
http://ift.tt/1tkRwpM
~~~~~~~~~~~~~~~~
Keywords: waiting for a law reveals the source of funds deposited
6/12/2016 0:00 BAGHDAD - Al- Sabah said the central bank governor d. On the Keywords for compliance with the World Bank of the liberalization of capital and edit the current account and this leads to not refrain from selling the dollar at auction currency as long as the citizen pays dinars to buy it as we are continuing the auction currency to maintain Asagrar dollar and the Iraqi dinar in the market price.
He said at a seminar Center for Mesopotamia for strategic Studies addressed the international Monetary Fund loan to the law in the House of Representatives are waiting for approval gives the central bank the question about the source of money and struggling money laundering.
Keywords added that the problem in Iraq is that state revenues depend on foreign revenues derived from the sale of oil, and low productive base in the country, what drives the government to borrow with the weakness of the possibility of payment in a timely manner,
noting that this contrary to what is happening in stable countries financially where being leveraged and payment within the set time - bound programs and consider borrowing an essential part of state resources for the implementation of their projects. economic management and said that stability economic any country is based on three departments (political, institutional, economic) ,
emphasis was placed on economic management as a tool for harmony and coordination between monetary and fiscal policy and which can be diagnosed cases of the defect, and that monetary policy is one of the main tasks of the Central Bank , which aims to control the money supply and that weakness in this area lead to inflation and price instability in general.
He Keywords that public spending in Iraq is determined in accordance with the resources generated by the state, and that 90 percent of them representing the oil revenues, whereby whenever the oil revenues , the more expanded states in spending this would create future commitments to the state and as an example Taanat staff.
And that the ideal situation for creating stability is achieved when balanced local expenditures with local revenues.
Cushioning head of the Baghdad Economic Forum Faris Al Salman said in his speech: Although the central bank has succeeded in a good foreign cash reserve building in order to mitigate the economic shocks and absorb But Iraq faced represented an economic hurricane terrorizing «Daash»
and what form of consumption of the financial ability of the state toward arming and funding the war against terrorism as well as the destruction of infrastructure in many provinces and the displacement of the population, which in turn added new economic burdens on the government.
he said Iraq is fighting terrorism on its territory on behalf of the the world it is the duty of the Iraqi government 's quest to seek UN resolution is binding on countries in the world that holds their nationalities terrorists because they are citizens with the help of Iraq , financially and militarily and economically to finance the fight against terrorism , not leave it borrows money to pay its employees ' salaries.
He noted that the world Bank , the law also stipulates the need to question the citizen who wants to open the account or who wants to buy the dollar for the source of his money and hardly Iraq is the only country that does not apply this law and that of the duties of the central bank to combat money laundering.
chairman of the Forum of that there are income tax law since the former regime allows the question about the source of income and money and thus avoid «instruments of volatile» and will not advance to buy the currency , but sincere and trader true that request to buy the dollar fall through the auction currency and as a result we maintain hard currency reserves, a proposal to form a work cell at the Central Bank include:
the Central Bank, the General Administration of Customs, the General Administration of taxation, the financial Inspection Office, Chancellery national security, and the judge 's penalty, and is verified request to buy the currency with immediate effect by specialty representative of each department and in the case of a (Mnafist) forged the judge Issadrh as based on a criminal and reserves amount to buy hard currency attached to it.
income tax economist Bassem Jamil stressed the need to send signals to the citizens to attract their savings chunky in homes and cabinets and turn it into a savings investment, and that by raising the interest of the citizen rate to 10 percent or more borrowing ,
rather than from external sources, as well as the need for follow - up sale of dollar sales and whether subject to the channels of the fight against money laundering and anti - smuggling, and it is paid by the income tax? To be an internal resource for the budget.
As for Dr. Jacob Joseph Shonia said , in order to reduce the gap between local expenditure and local revenue to stabilize, there 's assets amounts to sizeable possible to contribute to the improvement of the ratio between local expenditure and local revenue through the sale of productive units defunct of the Ministry of Industry and Minerals ,
or turn it into a mixed joint stock companies form a partnership between the public and private sectors and the number of these plants exceeds two hundred factory note that the legal basis for the conversion process is available in public institutions Act No. 22 of 1997.
http://ift.tt/1UoQ5kE
[tlm724] pointing out that the most important outstanding issues between Baghdad and Erbil, the problems are the oil problem,
He added that the Prime Minister Haider al-Abadi and since taking office has not created any crisis, but at the same time could not cope with the crises between the federal government and the government of Iraqi Kurdistan, pointing out that despite meetings between Baghdad and Erbil officials, but the problems are still on hold until now.
[tlm724] pointing out that despite meetings between Baghdad and Erbil officials, but the problems are still on hold until now.
[tlm724] as they move forward with reform there is a good chance we will see the HCL before parliament, should be interesting after Ramadan
http://ift.tt/1tkRkqA
~~~~~~~~~~~~~~~
What decisions " corrective " that the central committed by a number of banks?
06/12/2016 12:59 BAGHDAD / tomorrow Press : took the Central Bank of Iraq, on Sunday, he called the decisions " corrective " belonging to a number of banks in Iraq .
According to a statement of the bank, she received a " Tomorrow 's Press , " a copy of it, that " the decisions made are :
- 1 - the Council of the Iraqi Central Bank management to take a series of corrective action to the situation of some banks and giving it three months to implement them .
2 - Council of the Iraqi Central Bank management is required ( 8 ) banks to deposit amounts exceeding ( 500) billion dinars to enhance liquidity and to respond to requests from depositors .
3 - the Council needs to be members of the boards of private banks administrations to re - money previous loans from their banks, and the registration of registered real estate names the names of the banks . LINK
tlm724:
1 - the Council of the Iraqi Central Bank management to take a series of corrective action to the situation of some banks and giving it three months to implement them .
[tlm724] CBI has given them 3 months, lets see what it is
2 - Council of the Iraqi Central Bank management is required ( 8 ) banks to deposit amounts exceeding ( 500) billion dinars to enhance liquidity and to respond to requests from depositors
[tlm724] ok nice increase in liquidity
3 - the Council needs to be members of the boards of private banks administrations to re - money previous loans from their banks, and the registration of registered real estate names the names of the banks .
[tlm724] private banks administrations to re - money previous loans from their banks , I am not sure but I think that means the private banks need to call in outstanding loans
http://ift.tt/1tkR0s0
~~~~~~~~~~~~~~~~~
Citizen reveal new reform steps to Ebadi
Political Since 06.12.2016 at 10:46 (Baghdad time) Special - balances News MP for the Bloc citizen Habib Terminal, Sunday, that the banking system is "bad" and he needs to change for some departments, while noting that the prime minister will take a lot of reformist steps coming period.
He's Terminal / balances News /, that "banks to isolate managers from within the reformist path to the Prime Minister Haider al
He added that "the citizen Abadi block with all the reform steps taken by the administration to alter any and coming professional, efficient and honest management."
He pointed out that "everyone with interactive steps Abadi reform," noting that "there will be more reform steps undertaken by the Prime Minister during the coming period."
The office of Iraqi Prime Minister Haider al-Abadi, announced the release of a number of Diwaniyah, the command and the dismissal of intelligence chief and head of the Iraqi Media Network and the heads of banks and Iraqi banks and the appointment of new directors in their stead.
He pointed a government source familiar with L / balance News / Abadi that sacked the heads of government banks against the backdrop of corruption charges while sources confirmed that it came in response to the advice of the World Bank, also sacked the head of the Iraqi Media Network from office for mishandling of the Iraqi Media Network. LINK
From: Nur al-Din Wahba
[tlm724] "there will be more reform steps undertaken by the Prime Minister during the coming period.
[tlm724] bravo !
[tlm724] Abadi that sacked the heads of government banks against the backdrop of corruption charges while sources confirmed that it came in response to the advice of the World Bank,
[tlm724] hello !!!
http://ift.tt/1tkRwpM
~~~~~~~~~~~~~~~~
Keywords: waiting for a law reveals the source of funds deposited
6/12/2016 0:00 BAGHDAD - Al- Sabah said the central bank governor d. On the Keywords for compliance with the World Bank of the liberalization of capital and edit the current account and this leads to not refrain from selling the dollar at auction currency as long as the citizen pays dinars to buy it as we are continuing the auction currency to maintain Asagrar dollar and the Iraqi dinar in the market price.
He said at a seminar Center for Mesopotamia for strategic Studies addressed the international Monetary Fund loan to the law in the House of Representatives are waiting for approval gives the central bank the question about the source of money and struggling money laundering.
Keywords added that the problem in Iraq is that state revenues depend on foreign revenues derived from the sale of oil, and low productive base in the country, what drives the government to borrow with the weakness of the possibility of payment in a timely manner,
noting that this contrary to what is happening in stable countries financially where being leveraged and payment within the set time - bound programs and consider borrowing an essential part of state resources for the implementation of their projects. economic management and said that stability economic any country is based on three departments (political, institutional, economic) ,
emphasis was placed on economic management as a tool for harmony and coordination between monetary and fiscal policy and which can be diagnosed cases of the defect, and that monetary policy is one of the main tasks of the Central Bank , which aims to control the money supply and that weakness in this area lead to inflation and price instability in general.
He Keywords that public spending in Iraq is determined in accordance with the resources generated by the state, and that 90 percent of them representing the oil revenues, whereby whenever the oil revenues , the more expanded states in spending this would create future commitments to the state and as an example Taanat staff.
And that the ideal situation for creating stability is achieved when balanced local expenditures with local revenues.
Cushioning head of the Baghdad Economic Forum Faris Al Salman said in his speech: Although the central bank has succeeded in a good foreign cash reserve building in order to mitigate the economic shocks and absorb But Iraq faced represented an economic hurricane terrorizing «Daash»
and what form of consumption of the financial ability of the state toward arming and funding the war against terrorism as well as the destruction of infrastructure in many provinces and the displacement of the population, which in turn added new economic burdens on the government.
he said Iraq is fighting terrorism on its territory on behalf of the the world it is the duty of the Iraqi government 's quest to seek UN resolution is binding on countries in the world that holds their nationalities terrorists because they are citizens with the help of Iraq , financially and militarily and economically to finance the fight against terrorism , not leave it borrows money to pay its employees ' salaries.
He noted that the world Bank , the law also stipulates the need to question the citizen who wants to open the account or who wants to buy the dollar for the source of his money and hardly Iraq is the only country that does not apply this law and that of the duties of the central bank to combat money laundering.
chairman of the Forum of that there are income tax law since the former regime allows the question about the source of income and money and thus avoid «instruments of volatile» and will not advance to buy the currency , but sincere and trader true that request to buy the dollar fall through the auction currency and as a result we maintain hard currency reserves, a proposal to form a work cell at the Central Bank include:
the Central Bank, the General Administration of Customs, the General Administration of taxation, the financial Inspection Office, Chancellery national security, and the judge 's penalty, and is verified request to buy the currency with immediate effect by specialty representative of each department and in the case of a (Mnafist) forged the judge Issadrh as based on a criminal and reserves amount to buy hard currency attached to it.
income tax economist Bassem Jamil stressed the need to send signals to the citizens to attract their savings chunky in homes and cabinets and turn it into a savings investment, and that by raising the interest of the citizen rate to 10 percent or more borrowing ,
rather than from external sources, as well as the need for follow - up sale of dollar sales and whether subject to the channels of the fight against money laundering and anti - smuggling, and it is paid by the income tax? To be an internal resource for the budget.
As for Dr. Jacob Joseph Shonia said , in order to reduce the gap between local expenditure and local revenue to stabilize, there 's assets amounts to sizeable possible to contribute to the improvement of the ratio between local expenditure and local revenue through the sale of productive units defunct of the Ministry of Industry and Minerals ,
or turn it into a mixed joint stock companies form a partnership between the public and private sectors and the number of these plants exceeds two hundred factory note that the legal basis for the conversion process is available in public institutions Act No. 22 of 1997.
He urged to move about the mineral wealth of any investment formats available, perhaps there is willingness by some foreign companies interested in paying payments at the expense of future mineral activity,
as well as a survey of the needs of Iraq's infrastructure projects and the requirements of the reconstruction of the affected towns and displaced persons and other compensation, and in the light of that set priorities for the use of loan amounts earned by Iraq and highlighted in the supplementary budgets.
Also it must determine the amount of the deficit suffered by Iraq now and in the foreseeable future in order to take into account in the coming years plans.
http://ift.tt/1UoPu2q
tlm724: said the central bank governor d. On the Keywords for compliance with the World Bank of the liberalization of capital and edit the current account and this leads to not refrain from selling the dollar at auction currency as long as the citizen pays dinars to buy it as we are continuing the auction currency to maintain Asagrar dollar and the Iraqi dinar in the market price.
He said at a seminar Center for Mesopotamia for strategic Studies addressed the international Monetary Fund loan to the law in the House of Representatives are waiting for approval gives the central bank the question about the source of money and struggling money laundering.
http://ift.tt/1tkQI4j
~~~~~~~~~~~~~~~~
as well as a survey of the needs of Iraq's infrastructure projects and the requirements of the reconstruction of the affected towns and displaced persons and other compensation, and in the light of that set priorities for the use of loan amounts earned by Iraq and highlighted in the supplementary budgets.
Also it must determine the amount of the deficit suffered by Iraq now and in the foreseeable future in order to take into account in the coming years plans.
http://ift.tt/1UoPu2q
tlm724: said the central bank governor d. On the Keywords for compliance with the World Bank of the liberalization of capital and edit the current account and this leads to not refrain from selling the dollar at auction currency as long as the citizen pays dinars to buy it as we are continuing the auction currency to maintain Asagrar dollar and the Iraqi dinar in the market price.
He said at a seminar Center for Mesopotamia for strategic Studies addressed the international Monetary Fund loan to the law in the House of Representatives are waiting for approval gives the central bank the question about the source of money and struggling money laundering.
http://ift.tt/1tkQI4j
~~~~~~~~~~~~~~~~
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