Here are the top news stories this weekend concerning the project to deleted the zeros and the revaluation of the Iraqi dinar:
"dozens of laws under the first and second readings."
Parliaments legal committee announced today that 100 stalled laws are back in the Council of Ministers for discussion and then will be moved to Parliament for approval. Along the same lines, PM Al-Abadi's office director stated yesterday that the adoption of the Establishment of Industrial Law is soon to activate the Industrial Sector again and it will add much to the local market.
He also said that the government will give a quick and urgent formula to balance the 2014 budget which is near completion. It will also be comprehensive and wide into the 2015 budget to supplement the path for the it's success. Finance Minister Zabari himself said that he is speeding up the 2014 and 2015 budget for Council of Ministers approval in hopes that they will be in front of Parliament before the end of this month.
If this can be accomplished then it will initiate economic Reform and the way we go my friends.
"challenges constitute a good chance that the Iraqi government initiated economic reforms."
"the issue of cancellation of the zeros from the Iraqi currency is linked to the security situation in the country."
A good chance that even more stability in the fight against these terrorist is coming with the visit to Baghdad of Chairman of the Joint Chief of Staff Gen. Martin Dempsey. See the more stability there is in the security situation the faster the activation of currency reform will take place according to the governor of the CBI on October 22, 2014.