Millionday: WE HAVE LOTS OF NEWS TONIGHT – SMILE WHOOOPOW
Millionday: OK HERE WE GO
Millionday: Tgb there are several options for addressing the crisis in the economies of countries granted flexibility in force of the negative impacts that those exposed economies,
and Iraq is one of the world's countries, which have more than one option available for access from the crisis that is facing.
Director In Mesopotamia Bank Abdul Hussein Mundhiri said that most of the global economies resorted in times of crisis to several options to address them,
either to cut spending or increase revenues, or both, and each economy, certain privacy be the motivation to direct it to take one of the three options mentioned.
Millionday: NOTE -- THEY ARE DISCUSSING THE OPTIONS TO INCREASE GOV REVENUES TO SUPPORT THE ECONOMY
Millionday: He said in an interview "Morning" that the Iraqi economy has sufficient flexibility to move toward the third option of increasing revenue and reducing expenditure,
pointing to the existence of several opportunities to increase revenue to guide the economy toward a broad and diverse production in all industrial, agricultural and service sectors,
as well as increasing the types and numbers assigned to pay taxes on by studying the reality of economic sectors and monitor its annual profits to be covered with tax laws.
Millionday: NOTE -- IRAQ IS ABLE TO IMPLEMENT INDUSTRY AND MARKET PRODUCTION AS WELL AS INCREASE TAXES IN ALL THE NATION
Millionday: He pointed out that Iraq can enhance tax efficiency by providing data on all domestic and foreign companies working in Iraq as a base and an increase similar to neighboring countries,
and this requires action to increase coordination between the tax authority and the rest of the state institutions , where the responsibility lies on providing the Commission with data for taxpayers institutions.
Millionday: NOTE -- DATA RESOURCES AND TRANSPARENCY WILL HELP THEM TO SUPPLY AS MUCH INFORMATION AS POSSIBLE AS THEY MOVE FORWARD WITH TAXATION
Millionday: The inclusion of Iraqi companies operating in the Arab and foreign countries as well as the Iraqis investors in overseas tax (according to Mndhira), where it should expand covered by the tax base beyond the border, similar to what I did America through VATIKA law,
as well as Britain, where these countries prosecute citizens who own investments of foreign bank accounts return them to the annual benefit in foreign banks.
Millionday: NOTE -- THEY ARE TALKING ABOUT THE LAW THAT DOES NOT ALLOW PEOPLE TO TAKE MONEY OUT OF THE COUNTRY AND HIDE IT TO AVOID TAXES ON THEIR INCOMES --- THIS SHOULD BE APPLIED
Millionday: urged to increase the fees collected by the state departments of citizens for services provided by them to promote fiscal revenue and raise customs on goods entering Iraq charge rate, especially luxury goods, or which produce like Iraqi factories to protect local product,
indicating that this policy of protectionism is the sovereign right of each country has pursued most of the existing states their economies, especially after the year manufacturing in 2008 in which the global financial crisis erupted and is still used and promoted war lowering currencies.
Millionday: NOTE -- AS WE SEE THEY HAVE THE RIGHT TO CREATE THEIR OWN TAXATION LAWS AS ALL DO
Millionday: NOTE -- OBVIOUSLY THE EXCITING PART IS THE DISCUSSION THEY ARE PLANNING ON REVENUES FROM EXPORT/IMPORT -- WHOOPOW
Millionday: Mundhiri said "the government can reduce the burden on the budget through the assignment of a number of special projects energy and services to the private sector to take over the investment firms and banks financing these projects,
especially as the government program had indicated support for the private sector and strengthen its role in the reconstruction. " He stressed the importance of supporting Islamic finance work in order to contribute to reconstruction by funding in accordance with Islamic formulas
(Murabaha - share - Istisna'a) as it is available with Islamic banks huge potential to stimulate the economy and contribute to the infrastructure reconstruction through direct investment or through the financing of the construction companies and investors.
Millionday: calling to pass a law instruments Islamic order for this law contributes to pull a lot of liquidity broken among citizens and investors who wish to run their money through an Islamic investment methods and these instruments will be available to Islamic banks, companies and the government,
noting that it promotes the treasury resources and will enter the gates of revenue budget, as it has done Some Muslim countries and the allocation of the Islamic Bank of Mesopotamia to be the arm of government to handle the instruments.
Millionday: NOTE -- MONEY MAKES MONEY -- MEANING THAT THEIR MONEY WILL CREATE FUNDS AS WELL THROUGH BANKING IN THE GLOBE AS WE HAVE AS A REVENUE AS WELL
Millionday: Either on the side of spending cuts, there is a lot of doors exchange must be re-considered whether its size, type or importance including the abolition of some ministries and agencies is related to the Ministry and restructured and merged with like-for its work ministries.
It also pointed to a decline in oil prices was the result of increased oil supply in market, as well as the resort a number of countries for the production of oil from shale or resort to alternative energy
such as coal, gas or renewable energy such as wind, sun and this has become necessary for us to re-examine the revenues and expenses of the budget in the light of new economic developments and that does not include the study year, the reality of 2015 only.
Millionday: SO THEY ARE TALKING ABOUT MAKING CHANGES WITH ENERGY AS WE HAVE SEEN WITH MANY COUNTRIES DUE TO THE LOWER PRICE OF OIL –
THESE TALKS ARE MANY WAYS TO FUND IRAQ TO STIMULATE THE ECONOMY AS THEY ENTER A MARKET ECONOMY AND ALSO ESTABLISH HUGE NEEDS FOR PROJECTS TO HAVE FUNDING –
THEY OBVIOUSLY HAVE MANY NEEDS FOR REBUILDING
Millionday: REMEMBER THESE ARE THE MANY OPTIONS THEY ARE DISCUSSING
Millionday: BRB WITH MORE
awesomedtl: OF COURSE THEY DONT SAY WHEN THIS WILL BE IMPLEMENTED??? OR DID THEY BY SAYING 2015??
Millionday: NO THIS IS A DISCUSSION OF OPTIONS FOR THE GROWTH OF THE IRAQI ECONOMY --
Millionday: Press Statement Marie Harf
Deputy Department Spokesperson, Office of the Spokesperson Washington, DC
We congratulate the Iraqi and Kurdistan Regional Governments on reaching a broad agreement on revenue management and oil exports originating from the Iraq Kurdistan Region and Kirkuk.
This resolution, in line with its constitution, allows all Iraqis to benefit equitably from Iraq’s hydrocarbon sector. This agreement will further strengthen both Iraq’s Federal Government and the Kurdistan Regional Government as they work together to defeat ISIL.
Millionday: THIS IS A CONGRATS TO THE COMPETION OF THE HCL WHOOPOW
Millionday: WORKING TO GAIN IN THEIR ECONOMY IS VERY POSITIVE DUE TO THE SUBJECT MATTER -- SMILE
Millionday: BRB WITH MORE
Millionday: Council of Representatives Sheikh d. Hamoudi about the intention of Parliament to lift restrictions in the investment and the elimination of financial and administrative corruption law,
explaining that it contributes to the provision of appropriate atmosphere for European companies, especially German, and encourage the arrival in Iraq and their contribution to actors in Aamarh.oakd Sheikh Hamoudi process during a meeting with the German ambassador Eckhard prominence in his office yesterday, according to a statement «morning» received a copy of it,
Millionday: NOTE -- PARLIAMENT IS WORKING TO OPEN UP INVESTMENT AND REMOVE RESTRICTIONS THAT HAMPER GROWTH IN IRAQ
Millionday: the need to «unite efforts in eliminating the danger of Bdaash that threatens peoples and the interests of all countries», indicating that «the right way to build a successful state institutions is to eliminate these gangs within the framework of the law and all military operations addressing them should be within the central state administration. »
For his part, the German ambassador «reiterated his country's desire to deepen bilateral relations between the two countries», expressing «optimism efforts by the State in its fight against corruption and the fight against Daash in order to achieve security and stability and to move the construction and reconstruction projects».
Millionday: SO AS WE SEE THE GOAL IS TO MOVE FORWARD WITH PROJECTS AND INVESTMENT IN IRAQ AND NOT ALLOW THE TERRORISM TO CONTINUE TO CRIPPLE IRAQ`S GROWTH ECONOMICALLY
Millionday: THIS CAME FROM A MEETING WITH THE GERMAN AMBASSADOR
Millionday: NICE PROGRESS IS WHAT WE LOVE
Millionday: BRB WITH MORE --
Millionday: HERE WE GO WITH WHOOPOW NEWS
Millionday: ended yesterday chapters dispute financial and administrative between the federal government in Baghdad, and the regional administration in Kurdistan,
after it reached a formal agreement is long overdue regarding oil exports, and the conversion of the budget payments to the federal provincial authorities.
After days of in-depth discussions conducted by the provincial government delegation with officials in Baghdad, the parties reached a final agreement regarding the outstanding issues, in the presence of Prime Minister Dr. Haider al-Abadi and President of the Kurdistan Regional Government Nechirvan Barzani, local and UN blessing
Millionday: NOTE -- THE AGREEMENT IS FORMAL -- NICE
Millionday: The agreement provided that "the Iraqi oil belongs to all Iraqis, that the Kurdistan region to hand over at least 250 000 barrels of oil per day to the federal government."
It also included the export of 300 000 barrels per day from the Kirkuk fields through a pipeline Kurdistan line, revenues go to Bgdad.otakd information received "morning" that the final agreement between the governments of the center and the region, "Seder about $ 14 billion a year budget in 2015".
Millionday: High-level source in the Abadi Office, explained that "the agreement between the parties in the interest of everyone, especially as the amount of oil to be released towards the port of Ceyhan will be 550 000 barrels a day" in Favorites,
the Special Representative of the Secretary General of the United Nations in Iraq, Nikolay Mladenov welcomed the agreement between Federal governments and the Kurdistan region.
Millionday: SO AS WE SEE -- THE US , THE UN, AND IRAQ IS ALL HAPPY WITH THE AGREEMENT MADE FINALLY BETWEEN THE KURDS AND THE IRAQI FEDERAL -- LOVE IT
maine: so now what is left? do we need the 2015 budget to be done?? as far as the rv goes
Millionday: NO THE 2015 BUDGET DOES NOT HAVE TO BE DONE BUT WE HAVE TO ALSO KNOW THAT WHAT THEY WANT DONE IS NOT ALWAYS WHAT HAS TO BE DONE –
CBI DECLARES THEY ARE READY AND WE ARE WATCHING -- LOOKING FOR CLUES FOR YA HUN
Peppermint: This type of news will continue after Rv don't you think? So now we are just reading good news and waiting for the trigger to be pulled? They will have meetings forever.
Millionday: YES THEY WILL HAVE MEETINGS FOREVER -- THEY HAVE ACCOMPLISHED SO MUCH AND THE CALL THEY HAVE THE LAWS PUT IN PLACE OF COURSE IS THE BEST –
WE HAVE SEEN HUGE LEAPS WITH THE AGREEMENTS MADE WITH KURDS AND IRAQ – AND NOW IT IS ONLY A FEW WEEKS UNTIL THE FIRST OF THE YEAR –
SO A DATE WOULD BE NICE TO HAVE BUT WE HAVE TO SEARCH FOR CLUES AND SEE THE DIRECTION THEY ARE GOING -- KIND OF READING BETWEEN THE LINES
Millionday: I KNOW THAT THEY ARE VERY ENCOURAGING RIGHT NOW WITH ALL WE ARE SEEING -- I AM REALLY ENJOYING ALL I FIND AND CAN SHARE -- SMILE
mfree05: What is the status of the banking law, central bank law, etc. do they require passage by parliament
mfree05: or just implementation
Millionday: I HAVE TO FIND WHERE THEY ARE WITH THE BANKING LAWS ALL TOGETHER
kmiller68: So does anyone have a clue at this point what the CBI needs or wants to see
Millionday: THEY ANNOUNCED THEY WERE ALL DONE SO I WILL SEARCH TO SEE WHAT IS LACKING
soapamine: this may be a dumb question but how do we know when something has been implemented? do they just say "we are calling for this to be implemented"
Millionday: NO WHEN IT IS IMPLEMENTED THEY SAY IT IS DONE -- AND NO ?? IS DUMB AT ALL HUN –
WE KNOW THAT THE THING THAT IS UNUSUAL WITH THIS IS THAT MANY LAWS ARE VOTED THROUGH AND THEY HAVE TO ALL COMPLEMENT EACH OTHER -- SO MANY WILL BE ACTIVATED AT ONE TIME
kathi: Since they have said that we should see the rate on ISX does this mean it has RV'd?
Millionday: WHEN THEY CHANGE THE RATE -- THE NEW RATE WILL SHOW AT ALL THE PLACES THE OLD ONE IS -- ANY CHANGED RATE WILL SHOW ON CBI - FOREX--ISX -- AND BANKS -- EXCHANGE BUSINESSES ETC
kathi: Do you expect to see the rate tomorrow as many have stated?
Millionday: MANY HAVE STATED ?
Millionday: AS IN WHO HAS STATED ?
Millionday: I MEAN IS IT A REPORT OR A PERSON
kathi: I have read many posts and say this several times today saying we should see the rate tomorrow
kathi: On ISX tomorrow
Millionday: OH IM SORRY I HAVE BEEN RUNNING ALL DAY SO I HAVE MISSED THEM ---- I WILL DO SOME GOOD RESEARCH ON IT AFTER NEWS AND BRING WHAT I SEE
Millionday: I HAVE NOT SEEN THEM BUT I WOULD BE VERY HAPPY TO SAY THE LEAST MY FRIEND
Millionday: SMILE OK BRB WITH MORE
Millionday: Left Prime Minister Haider al-Abadi, today, the capital Baghdad on a visit to Belgium and France.
A statement by the Office of al-Abadi, the agency received all of Iraq [where] a copy of it, "Prime Minister Haider al-Abadi left Baghdad at the head of an official delegation to visit include Belgium, France, for talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields."
Millionday: He added that "al-Abadi will attend a conference to combat terrorism in the Belgian capital, Brussels, with the participation of more than sixty countries, and meet with a number of leaders and heads of governments of countries participating in the conference."
Millionday: NOTE -- THIS IS A HUGE CONFERENCE AND INVOLVES AS WE SEE 60 COUNTRIES -- HEADS AND OFFICIALS -- VERY HUGE DEAL
Millionday: SO AS WE SEE ABADI HAS GAINED A LOT OF RESPECT FROM THE GLOBE –
HE IS ADDRESSING THE MANY COUNTRIES AT THE MEETING AND IS BEING SHOWN RESPECT IN THE EFFORTS AND SUCCESS IN IRAQ AGAINST TERRORISM -- HUGE DEAL AND HISTORICAL FROM WHERE THEY BEGAN
GrannieAnnie: When will this conference be held?
Millionday: HE LEFT TODAY BUT I HAVE MORE ON IT TO SEE HOW LONG IT LASTS
Millionday: I WILL BRING MORE ON THE MEETING
maine: is it likely they would rv with abadi out of the country
Millionday: I DONT KNOW --
Millionday: HE MAY HAVE HAD MEETINGS BEFORE HE LEFT THAT WE DONT KNOW ABOUT AND THE LIST GOES ON -- BUT WE DONT KNOW HUN
Millionday: BRB WITH MORE
Millionday: HERE IS A REPORT ON ABADI AND HIS PLANS OF TRAVEL AND MORE ON THIS MEETING IN BRUSSELS
Millionday: Began Prime Minister Haider al-Abadi on Tuesday evening for an official visit to Belgium and France at the head of an official delegation to hold talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields.
alt Ebadi said in a statement that the Office of the Prime Minister left the evening of Baghdad at the head of an official delegation on a visit to Belgium and France to hold talks with officials in both countries to develop relations and expand the horizons of cooperation in all fields.
Millionday: IT DOESNT SEEM TO BE LONG BECAUSE THEY ARE CALLING THIS THE FOREIGN TOUR -- I WILL SEE IF I CAN FIND ANYMORE ON IT
Millionday: BRB WITH MORE
Millionday: THIS IS ABOUT THE RESTRUCTURING OF SOMO AND THE RESULTS FROM THE AGREEMENT WITH THE KURDS AND FED IRAQ
Millionday: Said Kurdish minister, that the agreement between the federal government and the Kurdistan region will be included in the budget of 2015, and it will go into effect if the vote on the budget,
which is subject to revision for the third time in the Council of Ministers, noting that the committees of art will be discussed several issues including the restructuring SOMO to include in board of directors, representatives of the producing provinces.
Millionday: NOTE -- THE AGREEMENT ON OIL DISTRIBUTION WILL BE ACTIVE IN THE 2015 BUDGET ---THEY WILL CONTINUE TO DUSCUSS THE RESTRUCTURING OF SOMO THE MARKETING OF IRAQI OIL ETC
Millionday: The minister pointed out that the debt of the international oil companies operating in the region will settle through the budget bill.
The head of the Kurdistan Regional Government Nechirvan Barzani, confirmed that my province and the center reached an agreement "in the interest of Iraq and the region," said Baghdad's approval to grant trillion and 200 billion dinars for the Peshmerga forces and the allocation of a percentage of the budget of the Ministry of Defense to her,
and as pointed out that the agreement "is not final ", he hoped to reach a radical solution to the problem of the region employees' salaries during the month of January next.
Millionday: NOTE -- SO WHAT THEY ARE TALKING ABOUT THAT WILL WAIT IS THE DEBT AGREEMENTS OF THE COMPANIES OWED FOR OIL PRODUCTION ETC –
THIS IS INCLUDED TO BEGIN WITHIN THE 2015 BUDGET -- NOT MEANING THE ECONOMIC REFORM OR ANY OTHER REFORMS -- THIS IS THE PAYMENT OF DEBT BEING INCLUDED
Millionday: He says the Minister of State Saman Abdullah, in an interview with the "long", that "the contents of the agreement signed between the Governments of the Federal and Kurdistan provides export the region's oil transnational SOMO
and by 250 000 barrels per day compared to that Baghdad is committed to pay the dues of the Peshmerga forces provided that they are part of the Federal system with a ratio of 17% in the next year's budget.
Millionday: He noted that "the federal government under this new agreement will be constitutional and legal obligations to the direction of the Kurdistan region.
And on the structure of Sumo oil company, Kurdish minister that shows "the agreement recommended the establishment of mini-committees of the two parties take it upon themselves to implement the terms of this Agreement as well as the restructuring of SOMO,"
a demand advocated by Basra also for the application of a constitutional clause imposes partnership between Baghdad and the provinces produced in the extraction of oil and marketing.
Millionday: NOTE -- SO AS WE SEE THE SOMO CHANGES WILL BE THE AGREEMENT WE SAW ABOUT THE PROVINCES GETTING FUNDS THAT ARE AFFECTED BY PRODUCTION –
THEY ENDED UP THROUGH REPORTS WE SAW INCLUDING THE FARMERS THAT HAVE LAND DISTURBED AS WELL
Millionday: He predicted that "the export of oil through the start of Kirkuk Kurdistan pipeline to Turkey through two or three months.
And confirms the Kurdish minister that "the budget year 2014 will be in the form of closing statements of the Iraqi state, including the Kurdistan region restrict their income and expenses,"
adding that "the final data will be sent to the House of Representatives for approval in the House of Representatives and through this data will be the region accounts filter on reality Account (amounts staff salaries and expenditures and revenues).
Millionday: NOTE -- AS WE SEE KIRKUK WILL BEGIN IN A FEW MONTHS PREDICTED AND ALSO THE REALITY ACCOUNTS WILL BE CALCULATED WITH THE BUDGET OF 2014 FINAL ACCOUNTS
SO THEY WILL WAIT TO SEE WHAT COMES FROM THAT FOR CALCULATION FOR SALARIES ETC
Millionday: And on the dues of oil companies operating in the Kurdistan region, Saman Abdullah says that "the debt of international oil companies operating in the region will settle through the draft general budget,
which was revised for the third time law adds a clause that includes the subject and the mechanism of payment and repayment."
Abdullah is expected that "the agreement enters into force in the case of the House vote on the Federal General Budget for the year 2015 because the terms of this agreement will ensure that in the budget bill," noting that "the negotiations were focused on passing the draft budget.
Millionday: NOTE -- SO THE DEBT WILL BE PAID ACCORDING TO HOW THESE REVENUES END UP WITH FINAL ACCOUNTS
Millionday: NOTE -- THIS HAS GOTTEN LONG BUT IS VERY TELLING
Millionday: NOTE -- SO THEY ARE HOLDING THE EXPENSES OF OIL EXPORTING ON THIS BUDGET TO MINIMIZE THE DEFICIT
Millionday: For his part, confirms Hama Rashid Ahmed, Rapporteur of the Parliamentary Finance Committee, said that "the agreement required the federal government to pay accrued ancestor of the Peshmerga to be legislation of the National Guard Law.
Millionday: NOTE -- THE REASON IS THEY AGREED TO PAY THE NATIONAL GUARD SO THE DEBT HAD TO WAIT
Millionday: He spoke Kurdish MP from "the existence of an additional proposal to export oil through Iranian pipelines and then to the Persian Gulf and Turkey.
And on oil revenue source, Ahmed Rashid, that "confirms the SOMO oil money will be deposited in the fund dfi and then are converted proportion of the Kurdistan region directly through its banks own
Millionday: SO AS WE SEE SOMO WILL DEPOSIT FUNDS FROM THE OIL AND THEN TRANFER IT IN DINAR EXCHANGED TO THEIR BANKS IN IRAQ -- MAKES SENSE
Millionday: SEEING THAT IT WILL BE CONVERTED IS EXCITING -- SO THE MISUNDERSTANDING BY SOME THAT THE BUDGET OF THIS YEAR IS ALL ON HOLD ETC -- IS JUST THAT –
THEY DONT UNDERSTAND IT APPEARS -- THIS IS SIMPLY AGREEMENTS THAT HAVE BEEN MADE AND THE STICKING TO THE ARRANGEMENTS
Millionday: SO VERY EXCITING FOR IRAQ AND THE PROGRESS WE WANT TO SEE
Midell: somewhat off topic, is Maliki in jail confirmed
Millionday: I HAVE NOT BEEN ABLE TO CONFIRM IT DUE TO HIS STATEMENTS AND THE LACK OF TIMELINE ON THEM
faith1: expenses of oil exporting debt held to be paid with 2015 budget ? national guard is paid out of 2014 budget ? any new news you have on ISX tomorrow?
Millionday: LET ME GET WHAT I SHOWED ON ISX FOR WED -- BRB
Millionday: THIS IS JUST ONE BUT THEY SAY THIS FOR MANY MANY
Millionday: Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014
Shares of Iraq Baghdad Passengers Transport resumed trading on Wednesday Dec 3 2014.
Millionday: THEY ARE TO RESUME TRADING FOR MANY MANY TOMORROW
Millionday: SO OF COURSE MANY OF US ARE EXCITED TO SEE
faith1: will it have to be a international rate to trade ??
DeeSP: When will they meet again?
Millionday: WHO ?
Millionday: THEY HAVE BEEN MEETING EVEN THOUGH THEY SHOULD BE ON VACATION BUT THE INK SAYS THEY ARE NOT BUT THEN WE GET RESULTS FROM MEETINGS SO I DONT HAVE CALLED MEETINGS IN INK -- THEY SEEM TO BE WORKING OFF SCHEDULE
Millionday: THANK YOU ALL FOR COMING - I HOPE TO HAVE SOMEHTING ON ISX TOMORROW AND WILL SEE YOU THEN