Millionday 2/25/15 roundtable with Millionday!!

by **RoyBoy** Wed Feb 25, 2015 5:13 pm

Millionday: The prime minister Haider Abadi, Iraq's ability to emerge from the financial crisis caused by low oil prices, pointing out that "the key role of women in society, and a source of pride and Ttoaha estimate from us."
A statement by the Office of Abadi agency {Euphrates News} received a copy of it on "The prime minister met with a group of young volunteers to aid displaced people in the various provinces, and stressed that" volunteering key issue for people and communities, especially among the youth sector. "

Millionday: NOTE -- THE FIRST BLESSING OF THIS IS THE RETURN OF THE DISPLACED PEOPLE

Millionday: He added that "the requirements of society big and desires and multiple met difficult, the right thing there has to be a balance and a sacrifice for the community and the public interest. "
The prime minister noted that "the summit of sacrifice is to provide the service free of charge and the sacrifice of young people their time and effort for the sake of serving the community," and expressed the hope "that there be awareness public about the principle of volunteering to keep the home and the dimensions of the danger with him and the reform of society. "

Millionday: NOTE -- ABADI IS PROMISING THAT THEY CAN RETURN THE ECONOMY AND HELP THE CITIZENS

Millionday: He praised Abadi "volunteer work for women," adding that "women's key role in the community, and that Ttoaha a source of pride and appreciation from us."
"I am a supporter to be this year in work volunteer who embodies the state of awareness and cooperation between citizens to overcome the difficulties. "
On the decline in oil prices and lower imports, the prime minister said that "it was out of our control, but we will overcome the crisis and come out of them stronger promises", adding that "military spending consumes a large portion of our budget, and this side may not be the default him. "

Millionday: NOTE -- HE IS PROMISING THEY WILL OVERCOME THE CRISIS - SMILE

Millionday: He said the "savings compulsory exists in the budget, but we did not work it until now, and put up the options in the event of non-coverage of revenue for salaries and, when necessary; because we can not give salaries to the number of employees and deprive the rest, but it has been put As a precaution in the event of non-coverage of revenue, but some, unfortunately, he wanted to work fanfare around him. "
He stressed Abadi "to take responsibility for all segments of Iraqi society and provide a decent livelihood for the wage earner and the seller and all strata of society," adding that "demonstrate a legitimate right and we are with the demands legitimate, but without disrupting and sabotaging the country and attacks on public property

Millionday: SO AS WE SEE HERE -- ABADI IS SAYING THAT THEY ARE GOING TO MAKE THE BUDGET WORK AND HELP THE CITIZENS AND HAS PROMISED THEY WILL GET OUT OF THE ECONOMIC CRISIS
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Millionday: The World Bank Group and the Kurdistan Regional Government (KRG)-Iraq, launched today a social protection program of support to promote equity in living standards and reduce vulnerability. The program is aligned with the government’s efforts to develop a comprehensive social protection system and contributes to the goals of KRGs Vision 2020 of “freedom, health, welfare, economic security and opportunity for people.”

Millionday: NOTE -- THE WORLD BANK AND KURDISTAN IN PARTNERSHIP WITH IRAQ HAS LAUNCHED THEIR PROGRAM FOR THE PEOPLE TODAY
Millionday: NOTE -- INTERESTING THAT IT IS THE WORLD BANK

Millionday: Today’s launch of the technical cooperation program which follows the signing of four technical assistance activities between the World Bank Group and the Kurdistan Regional Government-Iraq (KRG) in November 2014, was held under the auspices of KRG Minister of Planning Ali Sindi. The event was attended by government officials, civil society representatives, parliamentarians, and development and international organizations experts.

Millionday: NOTE -- THIS IS A HUGE EVENT

Millionday: “We are pleased to have the experience of the World Bank Group to enhance social protection systems in the Kurdistan Regional Government of Iraq,” said Minister Sindi. “The World Bank will support KRG to meet objectives set out in in Vision 2020, which starts with ‘Putting People First’ as the initial chapter.”

Millionday: Discussions revolved around the different phases of the program including scope, objectives, timeframe and implementation. Global and regional trends in social protection were highlighted and emphasis was placed on how they relate to the local context of social protection systems in KRG.

Millionday: NOTE -- THIS IS FANTASTIC -- THE WORLD BANK? JUST THINK HOW EXCITING THIS IS FOR THEM TO SEE THE PROGRESS

Millionday: “The World Bank is supporting the Kurdistan Regional Government of Iraq in its overall socio-economic development,” said Robert Bou Jaoude, World Bank Special Representative for Iraq. “Social protection programs are a critical element in building resilience so that people are better equipped to face shocks and crisis.”

Millionday: The technical cooperation program comprises four activities: stock-taking, benchmarking and assessment of targeting effectiveness; a consultation process; the development of the KRG Social Protection Strategic Framework; and the dissemination process.

Millionday: SO THIS REPORT GOES RIGHT ALONG WITH ALL OF THE DISCUSSING OF HELPING PEOPLE THAT WAS TAKING PLACE HERE --

Millionday: It will also overlook the work of the technical groups and maintains clear open channels for coordination and data sharing amongst all key institutions. The Steering Committee will be chaired by the Ministry of Planning, and will include senior representatives from the Ministry of Labor & Social Affairs; Ministry of Finance; Ministry of Education; Ministry of Health; Kurdistan Region Statistical Office; and technical advisors from the Council of Ministers.

Millionday: NOTE -- HERE IS MORE ON IT

Millionday: “The development of the Kurdistan Regional Government Social Protection Strategic Framework will be guided by global best practices,” said Ghassan Alkhoja, World Bank Senior Social Protection Specialist and Task Team Leader.

Millionday: SO AS WE SEE THERE IS MANY INVOLVED
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Millionday: Chairman of the Committee on Economy and Investment parliamentary Jawad al-Bolani, Alathlathae, that the House of Representatives authorized the Ministry of Finance to borrow from the central bank to meet the fiscal deficit in the budget.
Bolani said in a press statement followed the agency Source News / "The budget explained the steps taken by the government and Ministry of Finance on borrowing the issue of whether internally or externally," by asserting that "the situation in Iraq Financial is not borne out of bankruptcy, as expressed by some political circles, but financial hardship temporary. "

Millionday: NOTE -- THE COMMITTEE ON ECONOMY AUTHORIZED THE BORROWING OF THE DEFICIT FROM CBI AND CALLS THE PROBLEM OF THE ECONOMY TEMPORARY -- SMILE

Millionday: He pointed to "the existence of alternatives to address the financial distress, which follow the barter system, it is possible to import the ration card through the system, instead of purchasing and output of hard currency," pointing out that "this is part of the solutions, where we have agreed on the development of the private sector, which anchor is important to the economy of Iraq. "
Bolani called the state and its institutions to "strongly oriented investment."
Parliamentary Finance Committee and confirmed earlier that the central bank of the budget support six trillion dinars came to cover the deficit Faha.anthy 19 N.

Millionday: SO THE WAY THEY WILL APPLY IS THROUGH ELECTRONIC BANKING MEANS -- THEY WILL APPLY FUNDS TO THE RATION CARD AS PART OF IT AND HELP IN THE DEVELOPMENT OF THE COUNTRY -- DATA ENTRY

.VIP.clay: y rv if they r getting loans... no need to rush?

Millionday: THIS IS INTERNAL LOANS AND THEY ARE GOING TO A MARKET ECONOMY -- IF THEY CALCULATE BY THE GLOBAL PRICING INDEX -- THE RESULTS WILL BE WHAT THEY HAVE AS THE INTERNATIONAL RATES AND THE TRUE VALUE OF THE DINAR --

.VIP.clay Millionday: so y loans then

Millionday: THE IMPOSED RATE IS 1166
Millionday: TO START DEVELOPMENT BEFORE REVENUES COME IN -- THE SAME REASON WE CARRY A CREDIT CARD
Millionday: MAKE SENSE ?

VIP.clay Millionday: got ya ty

mrref1216: AS LONG AS THEY HAVE USD IN IRAQ THEY CAN TAKE THEIR SWEET TIME IN RV'ING

Millionday: THEY WILL ALWAYS HAVE US DOLLAR IN IRAQ AS PAYMENT FOR OIL AND THEY WILL ALWAYS IN KUWAIT AND ALL OIL COUNTRIES
Millionday: MAKES NO SENSE THAT IT HAS ANYTHING TO DO WITH THEIR CURRENCY
Millionday: IT IS JUST PAYMENT FOR OIL
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Millionday: . Central Bank announced on Wednesday, to start applying the new system of remittances and sell the currency.
According to a statement of the bank Agency / Source News / received a copy of it: there was no truth to the news stop selling the dollar operations.

Millionday: SO CBI HAS ANNOUNCED THAT THEY ARE MOVING TO A REMITTANCE SYSTEM -- APPLY IT WAS THE ANNOUNCEMENT
Millionday: SMILE
Millionday: WE WILL SEE SOME CHANGES IN IT APPLICATION

Pablo: What exactly is a remittance system?

Millionday: PABLO >>>Foreign remittance can be defined as ‘the purchase and sale of freely convertible foreign currencies as admissible under Exchange Control Regulations of the country’.
A looser translation is the sending of money home while working in a foreign country. Thousands of people are currently working and living in a country that is not their home, and sending funds regularly back to their families in their home country.

Millionday: BEING ABLE TO EXCHANGE CURRENCY AND WIRE IT BACK AND FORTH

allinxpress Millionday: ok, so that was much needed for international exchange then correct?

Millionday: THAT IS HUGE PROGRESS --

Dovi: Hope i didn't miss this....Are they starting the auctions again? I think there was something said earlier here about that.

Millionday: THEY STOPPED THE AUCTIONS TO APPLY THE REMITTANCE SYSTEM

MArco: In your opinion with this remittance system, does it give them more time to wait to revalue their currency. It seems like they have another way of using money now. Thanks

Millionday: IMO -- IT MEANS THAT THEY HAVE TO HAVE TO HAVE EXCHANGABLE CURRENCY TO APPLY THE SYSTEM BUT WE HAVE TO WAIT -- IT IS SENDING AND EXCHANGING CURRENCY LIKE THROUGH WESTERN UNION ETC
Millionday: THROUGH BANKS AS WELL
Millionday: SMILE

Millionday: IT IS PART OF THE BANKING REFORM AND THE MONETARY POLICY PER REPORTS WE HAVE READ

MArco: okay so they can't use this to pay bills

Millionday: THIS IS FOR CITIZENS AND WORKERS AND THE COUNTRY TO SEND MONEY AND RECEIVE MONEY -- EXCHANGABLE MONEY
Millionday: SO HOW THEY WILL DO THAT WITHOUT MORE PROGRESS IS BEYOND ME

Kal: What happened with the Federal Law thing we were waiting to hear about in Parliament
Kal: Parliament was suppose to be reviewing it . it was holding up the rv

Millionday: IT IS IN PARLIAMENT NOW AND THEY ARE WORKING ON IT
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Millionday: Is the Pentagon lead the attack for the Liberation of Mosul, or Iraqi forces? I've raised the date of announcement of the attack on the city to recover from the militants, "Daash" angry reactions within the US military establishment, as well as the rage within the Iraqi military leadership that has criticized the Americans when they announced the date of the planned attack in April and Ayaralamqublan.
Iraqi military officials have questioned a large angrily, is America is leading the battle on the ground or Iraqi forces?
the Iraqi ambassador to the United States Luqman Willy said, for the magazine Foreign Policy, "We need to all efforts to eliminate Daash and defeat." The Luqman stresses in his speech on the label extremist organization called "Daash."

Millionday: SO WASHINGTON IS MAD ABOUT THE RELEASE OF THE DATE OF MOSUL ATTACK

pizzaman: Who are (will be) the parties involved in this remittance system to start (middlemen)? Will a rate be required at start up? Is the ISX a player at start up? All banks?

Millionday: THE BANKS ARE USED IN THE SYSTEM AND THE FREE MARKET ECONOMY WILL INCLUDE THE ISX THE MIDDLEMAN IS THE CBI THROUGH WESTERN UNION AND INTERNATIONAL BANKS -- EXCHANGE BUSINESSES ETC

Millionday: THE WHEN AND MORE THAN THAT WE HAVE THROUGH ACTION ---

Millionday: BRB WITH MORE - THE NEWS IS SPREAD OUT TODAY -- BRB
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Millionday: met Dr. Ibrahim al-Jaafari, the Iraqi Foreign Minister ambassadors Asia, and America, Turkey, and Iran, Wednesday, 02/25/2015, was discussed during the meeting in the security file, and political, and the developments of the Iraq war against terrorists Daash, and efforts by the security forces, the popular crowd, and international support. Jaafari said: The world today is witnessing the phenomenon of international conferences, and rallying efforts in response to the phenomenon of terrorism, and however, saying: Conference is not the goal in the face of terrorism but the embodiment, and the implementation of the decisions, and what is agreed upon, and cooperation on drying the sources of terrorism are the goals that must be pursued by all countries.

Millionday: NOTE -- THE MEETINGS SEEN ARE NOT JUST ABOUT TERRORISM BUT ALSO ABOUT ALL AGREEMENTS

Millionday: Jaafari stressed that the response of the humanitarian act that should be doing that all nations is to support and help, and stand by any country subject to challenge Daash terrorist particularly that Daash spread the culture shed the blood of anyone who disagrees with, and spread hatred, vandalism, destruction, and this culture has been able to influence in some minds from different continents, countries, and cities in the world. He commended His Excellency the supervisor and large played forces role security, and the crowd PDF, and the Peshmerga to make progress on the ground, and losses, and the decline incurred Daash.

Millionday: NOTE -- MANY COUNTRIES ARE AFRAID OF DAASH SPREADING OUT TO THE GLOBE AND ARE NOW SEEING THE RISK ACCORDING TO MANY REPORTS

Millionday: valuing the efforts of friendly countries, and the assistance provided by Iraq, calling to continue to support the various fields. He stressed that Daash gangs are not the first to express terrorism, and probably will not be the last, while Iraq and Syria may Tkonan first exposure to this terrorism, and probably will not Tkona last two years, it has moved to other countries. For their part, expressed ambassadors their countries' readiness to provide support, and support for Iraq in its war against terror Daash gangs, and the obligation to provide assistance for displaced people, and contribute to the reconstruction of infrastructure ravaged by gangs of terrorists, and praised the successes achieved by Iraq in the political process, the security and the victories achieved by the security forces on Daash terrorist gangs.

Millionday: SO AS WE SEE -- THEY ARE MEETING TO MOVE FORWARD WITH THE COALITION AND ARE MEETING WITH MANY COUNTRIES CONCERNING DAASH -- ABOUT TIME

.VIP.clay: anything on HCL been reading so many conflicting stories
.VIP.clay: and do u foresee them postponing tariffs again

Millionday: THE KURDS HAVE STATED THAT THEY DENY NOT AGREEING WITH IT -- THAT WAS THE FORMER GOV AGREEMENT AND AS WE HAD IN NEWS LAST NIGHT -- THEY HELD A PRESS CONFERENCE YESTERDAY STATING THAT THEY AGREE AND ARE HAPPY WITH IRAQ FEDERAL AND THE NEW AGREEMENT

Papatom: so this new system that they seem to have implemented...and STARTED? selling foreign currency.... do you think they are using the 1166 rate to offset that currency? or to exchange for? i'm having a difficult time wrapping my mind around how this helps if the dinar rate doesn't change? it doesn't seem like they have enough dinar to operate with.??? care to expound, or even bloviate? (rush Limbaugh)

Millionday: I AGREE WITH ALL YOU SAID -- WE KNOW WHAT THE SYSTEM IS BUT TO HAVE IT AT THE RATE THEY ARE AT NOW MAKES NO SENSE -- WE HAVE TO WAIT AND SEE ANYTHING ELSE IS GUESSING HOPING AND PRAYING
Millionday: SMILE

by **Kevind53** Wed Feb 25, 2015 6:40 pm

ZZZZZZZZZ .... did you say something Dollarday?

Millionday 2/25/15 roundtable with Millionday!!

Millionday 2/25/15 roundtable with Millionday!!

Re: Millionday 2/25/15 roundtable with Millionday!!