Millionday Friday Roundtable  Part 2

Millionday Roundtable 12/12/14  Part 2

Welcome to dinarupdates.com for roundtable with Millionday!

poppy3: ALL INDICATIONS SHOW THEY WANT THIS ALL COMPLETE PRIOR TO THE BEGINNING OF JAN 1 2015. NO INDICATIONS OR STATEMENTS OTHERWISE.THEY HAVE A GET-R-DONE ATTITUDE RIGHT NOW. AWESOME REPORTS M D THANKS

larrykn: if they keep producing more oil to keep up with the GDP wouldn’t that cause some problems , I mean supply and demand the price of oil would just keep droping where does it end

Millionday: THEY HAVE SET A PRICE PER BARREL AND THE US AND ASIA IS LOWER THAN EUROPE PER REPORT BUT THE % IN THEIR MARKET HAS CHANGED DUE TO THE MANY CHANGES THEY HAVE MADE WHILE MOVING TO A MARKET ECONOMY SO YES IT WOULD BUT IN THIS CASE THE MARKET HAS TO BE CONTROLLED
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dabmac: I guess we now have a single event to look for for the rise in value of the dinar. The passing and approval of the 2015 budget. We have seen huge delays in the budget process in the past. Just how big of a hurry are they in?

Thunderbird: HI MD you said that Iraq budget will be on IQD After RV they must re do it again?

Thunderbird: 2015 Budget it is 120 Trillion IQD

Millionday: NO WHEN THEY RELEASE AMOUNTS THEY ARE RELEASING REPORTS IN USD BUT THE ACTUAL WOULD BE DONE IN DINARS DUE TO THAT BEING THEIR ACTUAL LEGAL CURRENCY

Millionday: THE THING IS THAT RIGHT NOW THE FIGURES ARE BY WHAT THE RATE IS –

 IF THE RATE CHANGES ALL DATA ENTRY WILL CHANGE ALL CALCULATIONS TO BE CORRECT –

THEIR DATA ENTRY SYSTEM IS HOOKED UP AND OPERABLE IN E-GOV — ETC

Millionday: HERE WE GO

Millionday: MP for the union coalition Iraqi forces Nahida Daini, to activate the various sectors of their own identity and activated to supplement the resources of the Iraqi economy, the country needs and to minimize the financial crisis afflicting.

She Daini told all of Iraq [where], that “it is necessary to activate the important economic aspects of agriculture, industry and investment and to create the appropriate atmosphere for use in the present time and in the future what we are going through the Trov economic volatile.”

Millionday: NOTE — THEY ARE ACTIVATING THE SECTORS OF THEIR MARKET FOR THE ECONOMIC DEVELOPMENT THAT THEY ARE WORKING ON

Millionday: NOTE — THIS IS THE CHANGES THEY WERE TO MAKE — DIVERSIFY % OF GDP — HUGE CHANGES

Millionday: NOTE — READ THE FIRST LINE EVERY WORD — SMILE

Millionday: They pointed to the importance of stimulating economic and investment sectors by adjusting the investment law and re-industries in Iraq before 2003 “.

She continued, “must be enabled private and mixed because of its sector of importance in addition to support investors, and to provide all facilities for them, to be Iraq’s space industry as well as the revitalization of the border crossing points, and the agreement with the Kurdistan to be there is a special tariff and customs Aldharyibh Guanyin.”

Millionday: NOTE — SOME ADJUSTMENTS HAVE BEEN MADE TO THE TARIFF TAXATION FOR THE CHANGE IN REVENUES DUE TO THE HUGE DEFICIT THAT CAME FROM MANY AREAS BUT ONE IS THE PRICE OF OIL OF COURSE

Millionday: She concluded that “the Finance Committee has engaged two consultants, experts and began to develop a new financial that are imposed customs tariff, through the imposition of taxes on a number of goods that are not imposed on them in the past.”

It is said that Iraq is witnessing great economic decline due to lower oil prices, and other factors, the negative impact on the general budget of the country, and the deterioration of the economic sphere in general.

Millionday: SO SHE IS SAYING THAT THE ACTIVATION OF MARKETS AND ALL THEY PRODUCE –

 MARKET ECONOMY HAS TO BE DEVELOPED IN A HURRY DUE TO THE IMPACT THAT IS HAPPENING WITH THE LOWER PRICE OF OIL AS WITH ALL OIL PRODUCING COUNTRIES

Millionday: BRB WITH MORE

Millionday: NOTE — THIS IS VERY INFORMATIVE OF WHERE WE ARE WITH THE BUDGET INFO

Millionday: MP for the Kurdistan Alliance Shirin satisfaction the arrival of the general budget for next year to parliament during the next two days.

According to Reza told Euphrates News} {today that “the prime minister Haider al-Abadi promised to send the General Budget Law for 2015 to parliament within ten days, indicating that the parliament will go a legislative recess and hold a special session if the arrival of the budget to him.

Millionday: They expected to reach 2015 budget to the House of Representatives during the next two days.

It is said that Prime Minister Haider al-Abadi pledged to complete the general budget of the country for 2015, within ten days, and the reason for the delay attributed to lower oil prices, lower domestic export rates.

Millionday: NOTE — SO THEY EXPECT THE PARLIAMENT TO HAVE IT IN TWO DAYS AS OF YESTERDAY

Millionday: He Abadi, in a speech during the hosting of the Iraqi Council of Representatives to him earlier, that Iraq is now bankrupt, but it suffers from the problem of monetary require reconsideration of the economic strategy, stressing the importance of exploiting the current economic situation for the development of the private sector and encourage investment.

Millionday: NOTE — UNDERSTAND THAT CBI HAS REFUSED TO JUST SEND MONEY SO WITH THE AGREEMENTS OF THE WORLD BANK FOR DEVELOPMENT AND THE RUSH ON THE BUDGET –

THIS DOES NOT MEAN THEY ARE BANKRUPT — IT MEANS THEY DONT HAVE MONEY DUE TO THE LACK OF BUDGET REQUIRED BY CBI FOR FUNDS TO MOVE

Millionday: The head of the House of Representatives Saleem al-Jubouri announced that the Council will hold a special meeting to discuss and approve the general budget of the country, during the first legislative term holiday.

Millionday: SO NO WORRIES OF ANY HOLDIAY TALK – OBVIOUSLY THIS IS VERY IMPORTANT AND THEY ARE PUSHING IT IN A HURRY DUE TO THE NEED TO HAVE MONEY — SMILE

Millionday: BRB WITH MORE

_firefly_ Millionday: EVERYTHING is in the budget. HCL, LAWS, RATE. So budget passage 1st followed by …well you know

Pablo: So, they are basically saying that the currency needs to RV in conjunction with the budget starting up in the new fiscal year on Jan 1?

Millionday: I DONT HAVE A DATE BUT VERY GOOD TRY PABLO — BEST YET SMILE

Millionday: HERE WE GO WITH SOME KIND OF DATE ON WHEN THEY ARE MOVING ON BUDGET

Millionday: Vice said the coalition of Kurdish blocs that “the Council of Ministers will discuss the draft budget law for 2015 in its first session after the end of the ceremony visit Arbain.”

He Majid Chenkali told all of Iraq [where] that “after performing a ceremony visit Arbain will be in the first session of the Council of Ministers to discuss the budget and after approval sent directly to the House of Representatives, according to the President of the Council, Salim al announced that he would convene a special session of parliament to read budget bill and vote it “likely” to be so soon. “

Millionday: NOTE — ERBIL AND IRAQ HAVE OVERCOME MOST ALL ON BUDGET AND THE REST WILL BE CONTROLLED BY THE CONSTITUTION

Millionday: He added that “the agreement between Baghdad and Erbil, near a lot of spaces in steps by approving the budget.”

The working Council of Ministers on the study of the preparation of the draft budget law, which was scheduled to be approved in its meeting on 29 of last month but postponed that the sharp drop in global oil prices and caused a serious increase in disability rates, 

with the formation of a ministerial committee shall conduct a comprehensive review of public expenditure the state; to come up with recommendations to address and reduce the projected deficit in the budget. “

Millionday: As finance minister, Hoshyar Zebari, revealed the intention of his ministry reducing the budget in 2015 to 120 trillion dinars, after it was 155 trillion dinars to reduce the deficit through a review of its provisions with the Ministries of State, and the search for domestic sources to reduce the deficit rather than borrowing.

Millionday: BRB WITH MORE

Millionday: THIS IS HUGE AND JIM`S FAVORITE TOPIC

Millionday: Legal Committee of the Parliamentary revealed on Thursday that the parties law will be one of the first laws that the Commission will be discussed during the first days after the legislative recess, as the government will address for the purpose of being sent to the House of Representatives to be read and discussed and then legislation.

Millionday: The committee member said Saman opener for (IMN), “The parties law will be a priority for the Commission, and we will discuss all the clauses and paragraphs because it regulates the work of parties and methods of financing and development of special mechanisms to manage and prevent them from breaking the law during the period of their work.”

Millionday: NOTE — THE LAW OF PARTIES WILL HOLD ACCOUNTABILITY TO ALL FOR THEIR WORK WITH MANY OTHER LAWS IN PLACE

Millionday: WHOOOPOW  WHOOOPOW >>>>>>>>>>>>>>>>>>>>>>>>>>

Millionday: And returned the Presidency of the Council of Representatives three laws to the Council of Ministers for ratification, is the oil and gas law and the Federal Court and amnesty.

Fattah said that “the Commission is determined to resolve this law as soon as possible because of its importance to the political situation of the country

Millionday: THAT IS THREE LAWS THAT WE EXPECT TO HAVE DONE ALL AT THE SAME TIME

Millionday: And provided a close political agreement between participating in the government blocks on the government’s commitment to political blocs – and within established limits – 

to consolidate the foundations of national unity and transmit the spirit of civil peace to move forward with a project of national reconciliation, and complete the requirements for a law of amnesty, 

and the referral of the law of accountability and justice to the judiciary, as well as the law oil and gas law and the parties.

jimplants: IYO will they do this in special session or wait until next year

Millionday: IT SEEMS AS THOUGH THIS IS RIGHT AFTER A RECESS OF DAYS AND ALSO WILL BE PART OF THE PROJECT OF NATIONAL RECONCILIATION WHICH SEEMS TO BE COMING UP VERY SOON AS WELL – 

IT WAS EXPECTED THIS MONTH BUT WE HAVE NOT SEEN A NEW DATE SET BUT WE HAVE SEEN PREPARATIONS SO VERY POSITIVE INFO

Millionday: SO THERE WE HAVE UNTIL TONIGHT AT NEWSTIME WHICH IS LOADED AT 730 EST

Millionday: WONDERFUL NEWS OUT THERE AND THEY HAVE STATED THAT THE EXCHANGE RATE FOR PETRO WILL BE WITH/AFTER THE BUDGET – 

SO WE KNOW THAT ALL CURRENCY HOLDS THE SAME VALUE NO MATTER WHERE IT IS SO WE SHALL SEE WHAT WE SEE TONGIHT ON THE BUDGET WORK –

Millionday: VERY EXCITING NEWS

Millionday: VERY

Millionday: CANT WAIT TO SEE WHAT TO BRING YOU TONIGHT AND ROBIN WILL BE BACK AND RUDIE WILL BE HERE AND IT WILL BE A WHOPPER OF NEWSTIME

Millionday: SO BE HERE MY FRIENDS

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