Wednesday, September 17, 2014

Tidbits from Delta, Nova, Frank26 and KTFA Members Late Tuesday PM

Tidbits from Delta, Nova, Frank26 and KTFA Members Late Tuesday PM

09/17/2014
KTFA:

harvestime wrote on September 16th, 2014, 9:17 pm:I too thought Delta said no laws needed passing. I sure did not expect to hear that close to 100 laws needed to be passed before we see an international rate.

I thought the seating of the government would open the door wide to our blessing. Oh well, we just need to continue to keep our eyes on Jesus. Sincerely,  Harvestime

DELTA:  SO, THEY NEED TO PASS 100 LAWS TO SEE AN INTERNATIONAL RATE?

ARE YOU SURE THIS IS WHAT THE ARTICLE SAID?

THE LAWS THAT THEY NEED TO PASS ARE FOR THE GOV OF IRAQ ...NOT FOR CBI!!
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DELTA   THIS ARTICLE IS FROM MAY.

Central Bank: delete zeros from currency is linked to the stability of the political and economic situation

CBI NEED TO SEE POLITICAL AND ECONOMIC STABILITY TO INCREASE THE RATE.

Central Bank Governor Abdel Basset Turki   2014-05-02 12: 04

Tomorrow press Baghdad: the Governor of the Central Bank, Abdul Basit Turki agency Friday, lifting the zeros of the Iraqi currency is not applied, unless the political and economic stability of the country, denying the issuance of a new resolution for the World Bank in this regard.

He said Turkish for "tomorrow," "the Central Bank will proceed without hesitation applied the project raise zeros from the local currency be stable political and economic situation of the country."
"The implementation of such a project needs to arrange all the accounts and records of the State of Iraq before any move to change the currency mode and provides smooth and maintain currency in the local market where traders manipulation."

The Turkish "speak not only about raising zeros so that the currency change will reorder the entire Government records and accounts that deal with public spending," denying "any new decision from the Central Bank regarding the deletion of zeros from the currency."

The Central Bank earlier denied the draft restructuring of the Iraqi currency next year and delete the three zeros from the current time is not appropriate, indicating that the project is being implemented in coordination with the Iraqi Government and the relevant institutions.  Link

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Shade wrote on September 16th, 2014, 10:29 pm:With all due respect, whether the laws are for the CBI or the GOI, the bottom line appears to be the same ... no IR until these laws are passed/activated. They go hand in hand.

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DELTA”   YOU CAN'T ACTIVATE LAWS WITH OUT RATE AND ARTICLE 8


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NOVA »  I Agree!!!!!!!!!!!!

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Sager:  BINGO! That is my understanding as well!

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Dr. Dinar:  So then the laws come AFTER the rv.

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Shade:  Maybe I'm a dummy but do you and Frank have opposing views on this?
I thought I heard on the cc that there were many laws that needed doing before an IR. Just trying to understand.  Please explain the order of operations as you see it from where we are today and ending at an IR. IYO

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w8tn4it2rv » September 16th, 2014, 11:18 pm

NOVA recently told us they have not passed the 2014 because they can only settle accounts with DINAR, NOT ANY OTHER CURRENCY.

Delta / Nova just stated the laws can't be activated without WITHOUT A RATE AND ARTICLE 8.

There's probably a good chance that laws awaiting activation are buried in with the budget!


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Frank26:  TA DA !!!     Finally ...........

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gratefulheart » September 17th, 2014, 1:38 am

Again...past tense ....."became ready in 1 basket"...... didn't we hear that PM Abadi had to undo some things that Maliki put in place? no worries...the lava flow is still moving forward...just tying up the loose ends

BROUGHT FORWARD FROM LAST THREAD:

Postby walkingstick » September 16th, 2014, 6:00 pm

Call for legislation of economic laws {b} one basket

9/17/2014 0:00

Feminine loops excess contributes to the transformation of an actual open market
BAGHDAD - Hussein al-Tamimi Tgb -

the joy of pumice in line with the political and economic transformations in Iraq, and the development of the basic rules and the correct path for legislative reform, called Mokhtassan economic affairs higher authorities to support the initiative of legislative reform (insistence) urged ministries and other institutions to cooperate with this program in coordination with the legislative authority to proceed with the legislation of these laws basket and one, where they were to adopt the idea of an organizational structure for the project (insistence), who worked Review Iraqi laws issued since 90 years so far, and work on the trim and the abolition of laws that intersect with the stage of economic development that sought by the country.

updated policies former congressman Abdul Abbas Xiaa confirmed »Sabah» need to abide by the constitution in the reform of economic legislation, the according to the article (25) which states that: «The State shall ensure the reform of the Iraqi economy according to modern economic bases at both the legislative and executive ». so fired the previous government, according to Xiaa through the advisers and the support of the United States Agency for International Development (USAID) initiative legislative reform (determination) to update policy, legal, regulatory and improve the framework tools legislative policy of the business environment and the abolition or update Iraqi legislation which is inconsistent with the practices Legal encouraging for the economy Alsoq.oadav:

"The Central Unit's (determination) has conducted an inventory and review of all legislative acts of the Iraqi state laws and regulations and instructions, regulations and rules and orders issued by the Iraqi authorities successive since 1917 up to 2012, which is determined approximately 26 000 legislation was where nearly 2600 legislation that directly affect the economic activities, noting that in September 2013 began (insistence) review process of legislation and through the organizational structure of the project where raised three ministries (municipalities, trade, and agriculture) and the secretariat of Baghdad, after a review by the sub-committees of these ministries, where they canceled the 100 pieces of legislation, the amendment 103, and keep the 121 legislation became ready in one basket.

Development Gateway For his part, President of the assembly of the Iraqi industrial Abdul Hassan Shammari: The draft revision of the laws governing the work environment is one of the most important stages of economic construction, and represents the most important axes of investment promotion, which is the gate of development of the productive sectors and Alkhaddmah.ofatt in an interview for the "morning" that the decline in production and services caused by the intersection of the laws that limit the implementation of many projects, pointing to the need for the country to strategic projects and wide in all cities, as well as projects Linking international, noting that these projects need to be an attractive environment guarantor of capital and advanced technology with higher costs.

 stressed Shammari on the importance of the continuing efforts of government and in cooperation with the private sector during the coming period to accelerate the streamlining of existing laws and the abolition of which does not fit the economic transition towards a market economy Open.

modules ministerial in what is known Xiaa «project insistence» that organizational structure consists of leadership includes a number of advisers in the advisers to the Prime Minister's Office and the unity of the insistence of the central, and includes a number of competent economists and legal units and cabinet consists of a number of staff specialists working under the supervision of the minister, adding to stakeholder groups, educational institutions, trade unions, professional associations and civil, as it puts the basic rules and the correct path of legislative reform which would shorten the time to complete the legislative system that are commensurate with the new shift to a market economy and the creation of legal frameworks friendly business environment. ,

and expressed hope for cooperation and coordination between the executive and legislative powers to amend their internal systems and the exclusion of excess episodes in the course of legislative procedures of these laws as is the case in many countries that have turned their economies to market economies such as South Korea, Egypt, India, Mexico, China and other countries.

http://www.alsabaah.iq/ArticleShow.aspx?ID=78028


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