Political Reform in Iraq
What was almost the atmosphere of the great military victory in Mosul receded a little, until the withdrawal of political conflicts filled the skies of Iraq and its territories from north to south, he hoped to open the sacrifices and the efforts of the great fighters a window of political thinking to deal with the crises of Iraq in a new spirit puts national interests above all considerations This means concessions on party and factional interests, and serious thinking about leaving the political methods of action that have brought the country to what it is.
A political victory would be followed by military victory because the political class was not yet ripe to deal with existing problems in a way that seeks reform rather than rhetoric, and not a form. All sides realize that the reform of the country begins with the reform of the political system which suffers from stalemate, And prevents the adoption of reform decisions necessary to address the problems of a hundred years, and despite the complaint of everyone and the crowded political street ideas and projects with large headlines and general principles, but a clear road map and major steps were not cut due to the political mind and the intersection of interests and accounts of profit and loss T controls the mentality of the parties of the parliament and the political forces holding the audience.
Read more: http://www.dinarupdates.com/showthread.php?53072-Political-Reform-in-Iraq
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Dollar exchange rates in the markets of Baghdad and Erbil Tuesday morning
The exchange traded in Baghdad and Erbil dollar exchange rates against the Iraqi dinar, on Tuesday (August 8, 2017), as follows:
Baghdad:
Selling price / $ 100 = 126,500 Iraqi Dinar
Purchase price / $ 100 = 125,500 Iraqi Dinar
Erbil:
Selling price / $ 100 = 126.750 Iraqi Dinar
Purchase price / $ 100 = 125.750 Iraqi Dinar
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Islandg1211 (Dinar Guru) – Today the GOI passed laws related to decentralize government and elections in the provinces. These are important to support the local governments which us apart of the original UN plan to rebuild the country of Iraq as a democracy. So they are complying with the UN sanctions to de-centralize the government. The GOI has actually done something last week and today when they approved the budget amendment. That was a requirement of the IMF, and by passing it, they got the loan installment approval from the IMF’s review. Today’s regional laws help them comply with the UN. So the GOI actual made progress. But, the real need here is a deal with the Kurds. They are coming to Baghdad next week but it’s all about Barzani getting his own country. Also they announced that the budget has been amended and is projected to go from 95% revenue derived from oil down to 85%. That’s an important step to economic diversification that the IMF wanted. [post 1 of 2….stay tuned]
Read more: http://www.dinarupdates.com/observer/
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Abbadi heads the Ministerial Energy Committee meeting
Head of Prime Minister Haider Abadi, Monday, ministerial Energy Committee meeting, been taking instructions regarding the use of gas as a fuel for transport vehicles.
According to a statement by the Prime Minister’s Office, received/balance news/copy, “Abadi said Monday’s head,” Energy Committee meeting, stating that “the Committee had discussed the service contracts and distribution sector revenue and check them, and continue to transmit the rest areas to provide constant power to the citizens.”
He added, “the Committee discussed key petrochemical beacon project constraints and investment guidance about him, in addition to approve the request of the Ministry of industry and minerals change the assignment of contract processing of secondary stations pls to MEW of the General company for electrical and electronic industries company to the Public Ministry’s Zora.
And the statement that “the Committee also discussed a proposal to explore and develop patches and fields of the Ministry of oil, in addition to industrial water treatment unit,” he was taking instructions regarding the use of gas as a fuel for transport vehicles, besides showing recommendations workshop to examine the fuel conversion coefficient of black oil to gas. ”
Read more: http://www.dinarupdates.com/showthread.php?53018-Abbadi-heads-the-Ministerial-Energy-Committee-meeting
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Enorrste (Dinar Guru) – Article: “Governor of the Central Bank of Iraq: expect economic movement in the next stage” …this is opening the door to foreign investment. Quote: “noting that “Iraq will be able to attract foreign investment because of the stability of the security situation and increase the number of investment opportunities.” Therefore…we should expect the dinar to be opened to the world market very soon. There will be no foreign investment without an internationally tradable currency.
Read more: http://www.dinarupdates.com/observer/
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Keywords: the next stage will witness economic victories
Through the trend towards construction and reconstruction of Baghdad / Hussein after Iraq has proved to the world enraptured images and values of the human and moral waiting to prove an economic victory over the construction and reconstruction during the next phase, and that the new role requires concerted efforts combined to support reconstruction, which should banks be the cornerstone in this matter and doing very well through their sophisticated technology.
These words were Governor of the Central Bank and the Association of Banks during the ceremony organized by the International Islamic Bank on the occasion of victory over the “Daesh” terrorist and the granting of a certificate of ISO International Bank , which is the financial success of our sector. Page task Central Bank Governor Dr. Ali Keywords said that Iraq has proved the finest images triumphs of the world and move human values before the weapon , and so was the pride in the battle that will retain its history, pointing out that the new role is to address the building and reconstruction and succeed in this page task.
We cherish that Iraq has the power and energy that will enable the country to economic advancement, and in the financial sector , we note the progress and innovation, urging young people to be more distinctive and characterize their ability to capture sophisticated information, asking the banking sector to be the first among the country ‘s institutions in the use of advanced technology, and must speed in the use of technologies.
Read more: http://www.dinarupdates.com/showthread.php?52250-Central-Bank-We-worked-with-the-government-to-give-confidence-to-the-private-banking
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Central Economic and victory
Dr.. On behalf of the Patriarchs In his comment exhibition on the paper presented by the Governor of the Central Bank within a seminar held in Baghdad, Prime Minister for Financial Affairs Acanutormzar adviser Mohammed Saleh he said that the central bank contributed to the victory over Daesh through its success in achieving financial and monetary stability in the country during the period of military confrontation and thus maintain the level standard of living of the citizen, as well as it lent the government (indirectly) more than twenty trillion dinars.
He added adviser said the central bank had two choices : the first is to maintain internal independence towards the government finances and the failure to provide any financing to the government through the secondary market, which could have created a major financial crisis , and the second option to sacrifice its independence in order to maintain the stability of the financial situation and not to collapse, has Central preferred the second option in order to achieve stability.
Although this is still some singing charges for central without taking into account the state of war that call for providing the most important on important, some of them wonder about the central refusal to provide funding to the previous government, simply I think that the previous government requested funding has owned a financial surplus and a far cry between the two cases and, by contrast to imagine what it could be the case if the government was unable to pay the employees ‘ salaries?!.
Some say that the government withdrew from the bank reserve, and to clarify say: that the central reserve of foreign currency is not the government reserves last because to be the Ministry of Finance, as the government did not withdraw from the central reserve and it is permissible, and the central reserve changes linked to the first two factors is demand on the dollar , which is derived from the demand for imported goods and services generated by public spending.
The second issue is presented dollar (sold from the Ministry of Finance to the Central to buy the dinar), depending on the dollar revenues received by the government from oil which are affected by the quantity and price and when it drops one or both decreasing size of the reserve, and therefore the reserve is linked to public finances of the state.
Here we must recognize the central successfully during the crisis in maintaining the size of the reserve in accordance with the internationally accepted standards as well as the installation of financial stability contributed to the achievement of economic victory.
Read more: http://www.dinarupdates.com/showthread.php?52241-Central-Economic-and-victoryith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
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Post RV Checklist (it’s getting to be that time!! Listen up!!)
Dos and Don’ts of Windfall Wealth:
Treat it like a PowerBall win
– Tell no one, not even family. If you must talk, do so with one who is already in the know.
– Don’t run out & buy new “stuff”. People notice.
– Get an unpublished number and give it out very sparingly.
– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…
Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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