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Thursday, June 16, 2016

Dinar Updates Thursday AM Chat  6-16-16 Part 2 of 3

 Post From Dinar Updates
Chat Room Excerpts & Highlights
 
Dinar Updates Thursday  AM Chat  6-16-16 Part 2 of 3
 
rcookie says():Central banks sales decline compared to last year.
 
An economy Since 2016-06-16 at 15:08 (Baghdad time)  Baghdad – the balance of news   The Iraqi Central Bank announced Thursday, declining sales for banks last year to nearly $ 900, 000.
 
The Bank said in a statement/balance of news, "dollar sales for banks since the beginning of this year until today 15 billion and 225 million and 788 thousand and $ 617.
 
He added, "this amount was increased by the same date last year 2015 where sales amounted to 14 billion and 329 million and 180 thousand, and $ 574", noting that "the selling price of transfers to bank accounts abroad is 1190 dinars per dollar, while the cash sale price of $ 1190 each dinar." over 29/9 p
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rcookie says():SO AUCTIONS DOWN 900,000 AGAINST 2015 SALES YTD....
 
rcookie says():Central Bank decides to lower the dollar sales for those wishing to travel abroad
 
16/06/2016 09:30 Number of Views: 1730   BAGHDAD / tomorrow Press: The central bank announced on Thursday, the dollar reduced sales to citizens who wish to travel, after the completion of all the required procedures.
 
The bank said in a statement: "Tomorrow Press" received a copy of it, it "decided that the share of citizens who wish to obtain the dollar to cover their expenses abroad of banks and banking and financial transfer all, is the (3000) dollars, three thousand dollars, instead of the (5000) dollars, five thousand dollars. "
 
"And the sale takes place after the completion of the required documents under the window all the instructions."
 
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rcookie says():The EU continues to impose a ban on Iraqi Airways for the second year
 
Iraq Press Oslo -16 June / Ueno: European Commissioner for Transport announced on Thursday for the continuation of the ban on the passage of Iraqi Airways over the atmosphere of the European Union , which includes 28 countries for the second year in a row.
 
The Commission said in a statement, " The ban included a total of 214 airline certified in 19 countries from the use of the field of EU air in addition to the two airlines are Iraqi Airways and Blue lines wing (Suriname) due to safety concerns."
 
And he announced that he was also elevated the names of all the supported airlines in Zambia in addition to the Air Madagascar and three Indonesian airlines from the blacklist.
 
And showed EU Commissioner for Transport Violeta Bloch, that "after my visit to Iran was last May and successfully conduct a technical assessment and therefore announced happily that he can now most of the Iranian aircraft to fly in the airspace of the European Union."
 
The EU ban on Iraqi Airways planes in the air space over 2015 for "breaching the approved safety requirements in the EU countries." Ended (1)
 
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movack says():rcookie do ya think this air ban must change in order to iraq to move forward
 
rcookie says():THERE WERE REPORTS EARLIER IN THE YEAR ABOUT PROGRESS MADE TOWARDS LAST YEARS BAN..AND EXPECTED POSITIVE REVIEW...OBVIOUSLY NOT COMPLETED...
 
rcookie says():ANYONE AWAKE...
rcookie says():READ CAREFULLY....
 
rcookie says():Foreign investments face security challenges
 
6/16/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb , stressed the economic member of the Baghdad forum Hadi Hndas to attract international investment in all sectors to be accompanied by a real attractive environment for international effort developed, pointing to the importance of attracting foreign investment to the Iraq Stock Exchange.
 
He Hndas «morning» that building strong efficient economy requires action on the adoption of advanced systems help to attract significant capital into all production and service sectors as well as for trading in the local bourse, and the successor to the trend of big economic feasibility of Iraq.
 
chock sectors , industrial production and economic center of development and has the ability to develop many sectors chock and contain most of the economic problems «according Hndas» said not invest unless the diagnosis contraindications meticulously presence and work on them, pointing to the existence of competencies able to bring life to a large number of stalled industrial projects whenever available real opportunity to do so.
 
he said Iraq needs investment, without which it is difficult to reach the development goals, but you have to look at the obstacles and diagnosed boldly, because the first investment challenges lie side security and imposes on employers of pressure to force them to pay money, this is investors go to Iraq, which requires treatment this negative reality.
 
Hndas stressed that most of the specialized international companies working on the follow - up investment environment in Iraq because they realize the great work in Iraq, which needs a large domestic and international efforts size, noting that Iraq must begin to organize an investment revolution preceded the revolution to tackle investment challenges.
 
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rcookie says():the real obstacles competent industrial affairs Ahmed expensive said: «Iraq must diagnose the real obstacles to invest for the longer be able to invite global and regional companies to work and execution in Iraq, noting that in this case we do not move a step in the direction you achieve sustainable development.
 
he pointed to the importance of working to reduce the gap between Iraq and the developed world, especially in the industrial sector the adoption of communication with economic blocs that want to work within the country and favors the establishment of specialized training centers , the development of human resources in various types of industries.
 
He pointed out that the industrial sector development will lead to the achievement of food security, adding that this trend needs to planning a high degree of accuracy where it requires the production of the industrially developed.
 
agricultural investment specialist in economic affairs Hasan Ali Abdul Karim urged to organize a campaign to support the creation of effort evolving able to bring sustainable economic development attractive investment environment, especially in the agricultural , both plant investment and livestock production .
 
 
he said: the agricultural sector needs to be global and local companies specialized production of agricultural crops and food industries to work to achieve bilateral partnerships with specialized international companies, pointing out that these companies have to persuade them to the availability of a perfect environment which in turn requires mobility locally to create the perfect security environment as well as laws and investment legislation guarantors
 
He pointed out that the elements for the success of agricultural investment available in the general areas of the country, especially after it has been the adoption of advanced technology in the provision of water through solar energy and advanced equipment in some of the projects that have been on a limited scale.
 
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rcookie says():BAGHDAD FORUM ON ATTRACTING INT'L INVESTMENT TO ALL SECTORS...ANF EMPHASIS OF IMPORTANCE OF ATTRACTING FOREIGN INVESTMENT TO THE IRAQI STOCK EXCHANGE.........
rcookie says():WHAAAAAAAAAAAAAAAT!!!!!!!!!.........
 
rcookie says():OUTLINES THAT BUILDING A STRONG EFFICIENT ECONOMY REQUIRES ACTION TO ADOPT ADVANCED SYSTEMS TO ATTRACT SIGNIFICANT CAPITAL INTO THE PRODUCTION AND SERVICE SECTORS AS WELL AS TRADING ON IRAQ STOCK EXCHANGE.....AND THE DRIVER TO LARGE ECONOMIC SUCCESS IN IRAQ...

rcookie says():HE CLAIMS THE INDUSTRIAL AND ECONOMIC SECTOR DEVELOPMENT HAS THE POTENTIAL TO DRIVE MANY SECTORS AND REVERSE MANY OF THE PROBLEMS IF THE WEAKNESSES OF THE SYSTEM ARE ADDRESSED AND RESURRECT THE STALLED PROJECTS AT EVERY OPPORTUNITY...
 
rcookie says():HE STATED IRAQ NEEDS INVESTMENT IN ORDER TO ACHIEVE DEVELOPMENT GOALS...BUT THE PROBLEMS & CHALLENGES NEED TO BE IDENTIFIED AND BOLDLY CORRECTED..AND OUTLINE SECURITY COSTS IMPOSED ON COMPANIES & INVESTORS AS A NEGATIVE REALITY....
 
rcookie says():STRESSES THAT LARGE INTERNATIONAL COMPANIES UNDERSTAND THE HUGE DEVELOPMENT PROJECT OPPORTUNITIES IN IRAQ...
 
AND AGAIN STATE THE NEED FOR IRAQ TO ORGANIZE ""AN INVESTMENT REVOLUTION" TO TACKLE INVESTMENT CHALLENGES........
 
rcookie says():AHMED STATED THE REAL INVESTMENT OBSTACLES MUST BE IDENTIFIED FOR LONG TERMGLOBAL & REGIONAL COMPANIES TO ACTIVATE IN IRAQ ONLY THROUGH EFFORTS OF SUSTAINABLE DEVELOPMENT...
sagecanyon says():98
 
rcookie says():SPEA OF REDUCING PERFORMANCE GAP BETWEEN IRAQ AND DEVELOPED WORLD ESPECIALLY IN THE INDUSTRIAL SECTOR..
 
ESPECIALLY IN COMMUNICATION AND MARKETING IRAQS ECONOMIC OPPORTUNITIES AND SPECIFIC TRAINING CENTERS PROVIDED FOR HUMAN RESOURCE DEVELOPMENT IN ALL INDUSTRY FIELDS...
 
clay says():GREAT NEWS!!!
clay says to mudcat():nice :)
jarhead says():gm :)
 
mudcat says():yes..It's not raining money yet but I see the clouds and smell the rain in the air!
jarhead says to mudcat():im ready to get MUDDY :D
clay says to jarhead():hey buddy lol
 
jarhead says to mudcat():hey
mudcat says to jarhead():ME TOO!!!!
 
mudcat says to jarhead():I have a draft of my resignation letter...just need to tweek it a bit....lol
clay says to mudcat():had mine for 6 years now (lol)  
rcookie says():OK DU...AGAIN...PLEASE READ...
rcookie says():The private sector is 4 percent of the fixed capital
 
6/16/2016 0:00 BAGHDAD - Imad emirate   said economist D.gosai Jabri that reduce the confusion of economic policy will be through fiscal and monetary policy coordination and expand Hadtehma in order to prevent economic imbalances of the country between the producer and the importer.
 
And know the monetary policy as actions and measures undertaken by the central bank to any group country in the world through the exchange control to achieve economic policy objectives.
 
and falls the work of the monetary authorities traditionally within the framework of economic policy , the various manifestations to achieve high growth rates - the use of full - stability of the currency rate - the balance of the balance of payments.
 
as for fiscal policy lies its content, in that they use or organization used by the state or the government in directing economic programs that include revenue or expenses, according to the goals set by the philosophy and the existing system of government rule.
 
He Jabri in an interview for »morning« the necessity of the absence of a defect in one of the two policies the fact that it will reflect on the state budget and found to the problem of support and increase spending and failure to diversify funding sources.
 
financial resources and Jabri Salaries and wages account for a large proportion of the general budget and all these weakening factors do not give positive indications towards building a development policy, they also lead to a reduction allocated to programs for the reconstruction of financial resources,
 
explaining that this matters worse , with weakness in the provision of services, stressing the importance of increasing investment budget for its role in achieving an increase in production allocations and therefore will impact on the size of the GDP of the country.
 
He said that we find in the other side of monetary policy , where follow the central bank 's deflation policy by raising interest rates , which led to deprive the private sector to enjoy banking facilities at a price appropriate interest, as well as the weakest bank loan , which led to a move away from the small and medium enterprises.
 
 
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