Millionday Chat 9/4/13

     [millionday] Experts called for broad reforms in the economy , such as begin the process of deletion of zeros from the national currency , stressing the importance of diversifying the local economy with all his joints and sectors.

This comes at a time which saw the parliamentary Finance Committee that the process of deletion of zeros will have a positive effect , as it will lead to improvement in the economy , low inflation and ease of currency trading .

Economic expert Dr Akram Abdel Aziz told the (morning) : “This trend makes possession of fewer securities , any monetary union ease of carrying and conducting transactions for billing , accounting , and ease of trading .”

    [millionday] note — the beginning
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     [millionday] But practically saw Abdul Aziz that the process of deletion of zeros from the currency will not reflect the strength of their value in the future because it is an accounting only ,

noting that the currency’s strength derives from the diversity of the economy in all sectors so that the fiscal revenue derived from these sectors is a permanent revaluation and non- reliance on unilateral economic .

She said she needs financial resources may be expensive while the country needs to state resources can be served in the directions of development , indicating that inflation is currently located has several reasons including that “Iraq is an importing country,

as the goods come with a margin of from the exporting country , as well as some of the industries and services reflected in the economic inflation because they suffer from high cost of production .

     [millionday] note — he is saying that the removal of the three zero currency is not enough — and they need to apply the actual value

    [millionday] She drew Abdul Aziz that Iraq ‘s position strongly reinforced when he has and diversify production and tourism actors , accompanied by stability in the economic environment .

It is said that the CBI had revealed in August 2011 seeking to raise three zeros from the currency , noting that he conducted an extensive study concluded that this process will strengthen the value of the Iraqi currency,

but the General Secretariat of the Council of Ministers announced in April 2012 , to wait in the application process deletion of zeros from the national currency which had to stop all actions related to the mentioned process until further notice

      [millionday] note — this is summarizing why it has not been done already

    [millionday] preparations >>>>>>>>>>  Parliamentary , confirmed a member of the Finance Committee MP Jaber Al Jabri need to conduct a study and prepare for this process, and the central bank has taken steps in this direction ,

 especially that there are previous experience in this area and at the level of neighboring countries and international countries .

 He added Jabri in his speech for the (morning ), ” in the long term will have (the process of deletion of zeros ) positive impact on the Iraqi economy because previous experiments led to effect positive , including improving economy , low inflation and easy exchange trading , and all it requires courage in the decision” .

     [millionday] And member of the Committee stressed that this process is accompanied by economic reform and the reform of the banking system , as it has to be the fact procedures in order to start to be no negative impact on the local economy.

And Jabri said the International Monetary Fund ( IMF ) supports this decision, but there are plenty to its impact on personal interests , saying that currently are not allowed to take this step because of the proximity of the legislative elections .

      [millionday] note — meaning there are many that are saying this is a bad idea —- but it doesnt matter with the imf approval and also the parliament is requesting this so as we were waiting on their approval — this is very good

      millionday] In turn, the decision of the Commission of Economy and parliamentary investment Mahma Khalil : “The project delete the zeros Old and there were objections , and demanded the government to wait until the provision of an appropriate time ,

and after coming out of Chapter VII fell all the justifications for the implementation of this project.” Khalil added that “Iraq is not the only country that deletion of zeros from its currency Turkey succeeded stability and economic status when you delete zeros from its currency .”

      [millionday] note — they wanted to wait until the chapter 7 sanctions were lifted — and they are

      [millionday] And between Khalil that ” the Constitution between the need to change and delete currency are required by the economic situation of the country, and for the benefit of the Iraqi people ,” calling on parliament and the government to support the identity of the country’s economic , expected at the same time that the witness budgets next increase and prosperity after the entry of investment companies to Iraq.

      [millionday] they are saying here that the budgets will be raised because of this step — and that we would expect  — brb with some more on this subject –

      [cookie2] millionday “not allowed to take this step because of the proximity of the legislative elections” is just someone’s opinion?

    [millionday] this is talking about a huge problem being taken care of

    [millionday] cookie2 yes

    [cookie2] millionday TY

    [millionday] some thing they had said in the past

      [millionday] this is great >>>>>>>>>>>>  Finance Committee in the House of Representatives emphasis on the importance of expediting the adoption of the law on the control and distribution of revenues federal importance in ensuring an equitable distribution of state revenues in order to serve the public good. member of the Finance Committee secretary Hadi stressed the importance of the adoption of this law to ensure the equitable distribution to state revenues.

      [millionday] note — they need the law put in place for the monitoring of state funds they are transfering for local distribution of federal accounts

      [millionday] said Hadi’s “Center Brief for the Iraqi Media Network,” that this law reassure all the ingredients and the provinces that state revenues will be distributed fairly and create some kind of trust between the components of the people.

” said MP said the law has it’s objections, but these objections are not guaranteed, but is Aataradat only cosmetic, and wished the committee formed in this regard to end formula of its nearest time to be approved during the current parliamentary session.

      [wmawhite] millionday …….do they now have the approval they were waiting on?

      [millionday] who?  which approval ?

    [wmawhite] millionday ..from above..referring to the removal of the zeros….someone said it was a bad idea.

     [millionday] they are calling for the economic reform to be implemented now so it would seem they are putting it into law due to this

     [wmawhite] millionday ………ty

    [millionday] they are calling for it from parliament —

     [millionday] his part, said a member of the Finance Committee Hassan Auzmn-Bayati said the importance of this law is equitable distribution of revenue for the general budget fairly on Kurdistan and the provinces.

Bayati said the “Center Brief for the Iraqi Media Network,” The law establishing a body to monitor the distribution of revenues is not about the subject of the elimination of financial corruption as perceived by some, but will ensure the equitable distribution of revenues of the federal budget for the state.

      [millionday] and pointed out that the routine boring and bureaucracy is one of the breed corruption in government departments state, calling for the elimination of bureaucracy and reduce the powers of some government departments and granting

However, civic organizations and private bodies and chambers of commerce in order to support and develop the economy. said experts that a bill to establish a body to monitor federal income would ensure a fair distribution of budget revenues to ministries and provinces and fight financial corruption rampant in the state. He said the financial expert Mohsen Ali in an earlier statement that the General Authority for monitoring federal income

    [simbaspen*] by when, tomorrow, Friday, next week???? Soon……………

      [millionday] note — this is stating that the committee to monitor will also take some responsibilities off of the other sections of government

     [millionday] if established will ensure fairness in the distribution of funds for the provinces and provincial ministries and transparent disbursement by monitoring and auditing aspects of dispensing.

Adding that there Gabbana gets in the distribution of revenue the federal public budget for ministries and the provinces When the formation of this body will be able to see the benefits of actual each institution or province of the fiscal revenue of the state, the requirement to be independent and not linked to any political party, to enable them to work in a professional and objective

      [millionday] note — it will be a group with no political party or interest –

      [millionday] of this plan to the House of Representatives vote on the law establishing a body to monitor the distribution of federal income in the state Although the law met with objections by some lawmakers and differed on the nomination of the President of the Council and his two deputies, making another law passed.

     [millionday] obviously this is something that will be formed and will begin by governement officials and cbi — ministery of planning etc etc  brb with more — smile

     [millionday] Publishes the “morning” the full text of the unified pension law for state employees, which was approved by the Council of Ministers, yesterday.

According to the text, the law includes all Iraqi personnel from the president to the youngest employee in the career ladder, also includes a law canceling pensions granted under special laws for all positions, jobs and equality retired all since the founding of the Iraqi state, as well as that the law covers all state employees

     [millionday] Pension law has been passed !!! brb with more whoop whooop — this is fun when it is this good    brb with more

     [millionday] Counting academic economic d . Essam exhibitions specialized in Iraq that is important to provide an opportunity for government departments contractual directly with the companies concerned.

 Said told ( morning): The establishment of exhibitions in Iraq in general constitute an offer direct investment opportunities and the definition of foreign companies sectors which can invest , especially with regard to infrastructure .

conclude on Thursday on the land of Erbil International Fair Exhibition Erbil third of oil and gas , which was launched in the second of September with the participation of 45 companies specialized in the fields of petroleum , engineering and oil services

    [millionday] Abdullah Ahmed Abdel Rahim head of the committee supervising the exhibition in a statement to the Ministry of Commerce that the establishment of this exhibition has a great role and important role in holding exhibitions specialized in the coming years with the participation of bigger and wider . Noting that most of the visitors were from specialists in this field.

     [millionday] This opening was attended by deputy governor Erbil and Deputy Minister of Natural Resources and a group of consuls who are in Arbil. According to the statement , those companies representing 13 countries are Jordan , Saudi Arabia , Turkey and the United Arab Emirates , Iran and China and a number of European countries have organized this exhibition International Inc. in coordination and cooperation with the General Company for Trade and business services.

     [millionday] this is obviously going to end with many contracts for infrastructure — among many other areas needed in the nation -we should see news concerning these contracts within the next couple days or so    brb with more

     [millionday] Examined the National Alliance at its meeting yesterday, the mechanisms Forum held national to be his soon, amid discussions examined the security report detailed by Prime Minister Nuri al-Maliki on the security situation existing assets addressed to remedy the terrorist attack against the country.

Held the components of the National Alliance , said yesterday the first meeting in the presence of Prime Minister Nuri al-Maliki and Vice President Khodair al and heads of political blocs , to discuss the security and political situation and the developments of the scene in the country, has also been discussed and fee mechanisms of the National Conference of the signing of the ” social peace ” and the Charter of “honor”. spokesman for the Islamic Supreme Council Hamid Almala

     [millionday] He said the coalition search mechanisms at its national Forum held the spatial and temporal , as well as the presence and participation of the political parties in the forum ,

noting that the initiative ” social peace ” endorsed and full support by all the political blocs to pull the country out of the current crisis . He Almala in an interview for ” Center Brief for the Iraqi Media Network, “

  “The prime minister gave a detailed report on the security situation existing assets of treatment and the steps being taken now in order to remedy the terrorist attack fierce faced by the country and address the security situation,” he said,

     [millionday] note — this is meetings they are having to get ready for the success for the national conference

     [millionday] adding that “the report ensure recognition of the decline in the security situation and the marked deterioration harm witnessed this file requires a serious follow-up and take strict measures so as not to involve more complex and difficult .

” He also stressed the need to carry all the blocks responsibility to ward off danger and to maintain unity, especially in light of changes taking place in the region, regional , Arab and fear of exposure Syria to the military operation and its implications on Iraq as a neighboring country that State. Called the spokesman for the Islamic Supreme Council

     [millionday] the political parties all to unify their positions in the preservation of national unity and internal security to meet the ” vibrations quick and dangerous in the region ,” according to the recipe , more cohesion to avoid conspiracies and risk implications.

Moreover , it was revealed Almala the formation of committees to study the electoral law and to develop the necessary solutions that will facilitate the Adoption of the law and hold elections on schedule.

     [millionday] we should relize that there are problems that have come from all of the issues in the region and the horrible security

      [millionday] it is a huge issue in the exchange of the three zero currency as well — they can not have and can not force citizens to stand out and be at risk — so they have to address the security issues as well as unity in this call for it

     [millionday] it is very encouraging to see that they are working so much and also that they are addressing the issues before whatever is going to happen with Syria  brb with more

     [millionday] this would create a hero >>>>>>>>Prime Minister Nuri al-Maliki , an initiative of several axes, aimed at ending the Syrian crisis , pointing to the importance and the vital role of Iraq in the settlement of the crisis ,

which he said could affect the general security of the region , as announced his refusal to resort to military solutions in dealing with things Interior of Syria , praised the positions of the Arab League , which called for calm and reject the use of force .

The assertions coincided Maliki , with a parliamentary invitations , demanded that the three presidencies , and the presidency of the region , and all the political blocs to hold an emergency meeting to get out a unified resolution of the Syrian crisis and its repercussions on the security and political situation and humanitarian .

     [millionday] if he is successful with this goal — he would be respected much more by many in his position but beyond that — this would help in security for iraq as well —

     [millionday] something needs to be done in the region — i know some think it doesnt effect what we are waiting on and i have to say — this late in the game they have to move — that i agree with — but the mess of security is a prblem anywhere –  brb with more

     [millionday] this is a very interesting report that shows how this is all coming together with the laws and provisions they are putting in place – it also talks of what cbi is doing in the middle of all of this

    [millionday] House Speaker Osama Najafi, with representatives of the province of Kirkuk in parliament, election law, the province, and the implications of the Federal Court decision on two paragraphs of Article 23 in the provincial elections law , districts and areas , while the expressed readiness of the Council to provide various kinds of support to the Central Bank in order to enhance its policy for the future.

a press release said the Office of the President of the Parliament ‘s media , said, ” Najafi discussed during a meeting with representatives of Kirkuk in the House of Representatives, election law, Kirkuk, and the implications of the Federal Court decision on two paragraphs of Article 23 in the provincial elections law , districts and areas ,” pointing out that “the abolition of paragraphs does not affect the legislation of a special law for the election of Kirkuk

     [millionday] ” the statement said ,” Najafi select Congress Kirkuk, one week for the completion of the proposed law and otherwise will be resorting to the three presidencies to determine the appropriate conditions for holding elections . “

and added that” these provisions come after the text of the Federal Court decision to abolish the Committee the problem in advance of representatives of Kirkuk under paragraph II of Article 23 and the lack of time limit for them to deliver the recommendations.

” Moreover, praised Najafi during a visit conducted to the Central Bank , on Wednesday, the role of the bank and its quest to maintain the exchange rate of the dinar against the dollar, praising at the same time on the efforts of workers exceptional in the detection of corrupt files and

      [millionday] to refer the number of employees in the bank and directors of Commissioners for some private banks to eliminate a result of their involvement with those files.

According to the statement , issued by the Office of Najafi , the Speaker of Parliament, expressed during the visit , fully prepared to provide various kinds of support to the Central Bank , in order to enhance its policy of independent , in order to create a banking system developed is able to mobilize the financial resources of the country, and re- allocated to the service of economic activity,

     [millionday] stressing the importance of developing a strategy for coordination between the fiscal policy of the Ministry of Finance and the monetary policy of the central bank. according to the statement , the Najafi called to speed resolution of issues relating to money laundering , corruption and the protection of Iraq’s money ,

especially after the withdrawal of Iraq from Chapter VII, stressing the need for the introduction of modern library in the banking deal and spread the culture of banking to the public, and support the work of the private sector banking .

     [millionday] so they have one week to get law provisions done and as we see — they are talking about the economic refrom being activated and how they are going to work together with the governmental reforms that are also being activated — they have to make it all work at the same time — as in all economic portions of the reforms and changes that will occur

      [millionday] this is to say the least — very encouraging !! this is more on the meeting today with cbi

     [millionday] The President of the House of Representatives Osama Najafi on the importance of developing a strategy for fiscal policy coordination between the Ministry of Finance and the monetary policy of the central bank.

 He said during his visit today the Central Bank of Iraq and his meeting with the Governor of the Bank Basset Turki agency “continued support of the House of Representatives of the Central Bank and the independent policy for a sophisticated banking system is able to mobilize the financial resources of the country, and re-allocated to the service of economic activity.”

     [millionday] He praised Najafi, according to a statement his office, the role of the central bank and its quest to maintain the exchange rate of the dollar against the dinar, in addition to the efforts of workers exceptional in the detection of corrupt files and to refer the number of employees in the bank and directors of Commissioners for some private banks to justice, expressing confidence Bmhnihm and honesty in maintaining money Iraq.

     [millionday] He called for speedy resolution of cases related to money laundering, corruption and the protection of Iraq’s money, especially after the withdrawal of Iraq from Chapter VII, stressing the need for the introduction of modern library in the banking deal and the dissemination of culture. Banking to the public, and support the work of the private sector banking

     [millionday] so once again the meeting was to say that they have it in proper function and are ready — they have praised the work done at cbi and are happy with the past steps taken in the money laundering problems and are calling for speedy resolutions for that which occured in the past

    [millionday] very encouraging as well !! smile  brb with more

  [millionday] this is added>>>..A decision of parliament Mohammed Khalidi of the existence of (5) Rules on the agenda of the House of Representatives during its meeting scheduled to be held on Thursday.

He said al-Khalidi said in a statement to “Baghdadi News”, “House hearing scheduled for tomorrow, Thursday will be included on the agenda to vote on a bill the First Amendment to Service Act and the Military (3) for the year (2010) and the vote on the law support their disabled and people with special needs,

In addition to the first reading of the draft accession of the Republic of Iraq to special care agreements next to the international jurisdiction of the child and the first reading of the draft of the Atomic Energy Commission of Iraq. He added, “The meeting will also include the first reading of the Iraqi operation of law on private companies and the second reading of the draft law of the Ministry of Health.”

      [millionday] so again more benefits for needy citizens — this is also a request of the citizens

    [millionday] brb with more   i can just tell you all this part

      [millionday] the oil and gas expo is the end of sept through the first of october this year and is more expanded than we have seen in the past years    this is for development as well

      [millionday] so that is the end of the news tonight — thank you for copying for us hstrymknwmn — have a great night — i am going to keep on researching and bring more on the order to remove the three zeros — so if anyone wants to hang out for whatever i find — i will be here among many

     [millionday] it is a written ad that has come out in the local newspaper advertising to get business in iraq   promotion for iraq business is a great and very encouraging thing —- very

    [millionday] this would be what we should see for the new Iraq  very cool dont you think?

     [millionday] For Americans who have sacrificed so much blood and treasure in Iraq, recent headlines from the Middle East must be disheartening.

There have been terrorist attacks in Iraq, upheaval in Egypt, threats that temporarily closed American embassies throughout the region and the pending intervention in Syria.

These events demonstrate that violence and disorder are regional, not national problems, though each has unique characteristics. In Iraq, we suffer not from civil war but from terrorism.

Combating terrorism is a vital U.S. interest, and we are enormously grateful for all that America has done to help free my country from terrorism and tyranny. As I traveled across California last week, I marveled at the greatness of your cities, the power of your innovation and entrepreneurship, the brilliance of your schools and research centers. It vividly illustrated why Iraq yearns so deeply for a stronger partnership with America

     [millionday] As we move toward a market economy, Iraq offers Americans tremendous investment opportunities for developing and servicing schools, bridges and highways, health care, water treatment, telecommunications and more.

Yes, we continue to confront bouts of horrific violence. This results not from sectarian strife but from terrorism, committed by organizations working together across porous boundaries, including al-Qaida in Iraq, al-Nusra in Syria and other affiliates flourishing in the turbulent environment.

We need help to stabilize our country and ensure security for all our people. We need American know-how, not boots on the ground. The United States has vast experience in combating al-Qaida through technology, intelligence and counterterrorism techniques. We can benefit from this expertise and forge a closer partnership with U.S. security forces.

    [millionday] On the diplomatic front, Iraq can serve as a bridge between the United States and our neighbors. As the first nation in our neighborhood to abandon weapons of mass destruction as stipulated in our constitution, Iraq can credibly call for a Middle East free of nuclear weapons.

We are participating in the search for a political solution in Syria that will reduce the violence and diminish the role of extremists. For Americans, Syria is more than 5,000 miles away.

For Iraqis, Syria is right on our doorstep, requiring pragmatic solutions. Americans have made tremendous sacrifices, and they were not in vain.

By working together, the U.S. and Iraq can build a future with less violence, more prosperity, greater security and deeper democracy across the Middle East. Lukman Faily is Iraq’s ambassador to the United States. He wrote this for this newspaper

     [millionday] very interesting dont you think — sounds like they are moving forward and arent afraid to talk about to me — love it  thanks to the member that sent this to me

     [no-regret] millionday who is saying this ?

    [Dovi] Millionday this was directly to you?  wow

    [millionday] he is the ambassador to the USofA in Iraq and used to work there at the paper

    [no-regret] cool thx

    [millionday] yw all the time

    [Dovi] so that’s how he knows the American mind and heart so well

    [millionday] i think it is great

    [DlD] millionday millionday millionday your the best ((((((((((hugs)))))))))))

    [Dovi] yes amazing