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Sunday, July 23, 2017

"Maybe this Time" - Peoples Dinar News Discussion 7-23-17

Peoples Dinar

MrsClassy:
Source for “Tomorrow’s Press”: Presidency of the Parliament agree with the blocks and the Finance Committee to pass the supplementary budget tomorrow


July 23, 2017 Baghdad / Al-Ghad Press:
A parliamentary source informed on Sunday, the agreement of the Presidency of the Parliament with the heads of blocs and the Finance Committee to pass the supplementary budget, on Monday.

The source told “Al-Ghad Press” that “the presidency of the parliament agreed with the heads of parliamentary blocs and the Finance Committee to pass the supplementary budget in the regular session of the House of Representatives scheduled to be held tomorrow.”

It is noteworthy that the House of Representatives, approved the budget 2017 in its ordinary meeting held on 7 December 2016.

https://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&sp=nmt4&u=https://www.alghadpress.com/news/110755/Alghadpress&usg=ALkJrhjsQZGSRAnHlDFHssXESgmUfdU7gw

MrsClassy: Budget equals rate! JMO

bckdraft10: i hope this will cause the completion of the RV finally!!!!!!!

Waiting4it: We've thought this before and it just didn't materialize. Maybe this time..


MrsClassy: Yes!!

MrsClassy: And, YES !! With my dinar goggles off. Look at all that destruction in their country, like I said before time for Iraq to put on their Big Boy Pants! You watch, eventually countries will be looking to Iraq for a hand out! Tables will be turned. JMO

Livefree: They were supposed to have been a 'donor country' in 2014. Sadly, we all know what happened. But better late than never!

http://forums2014.peoplesdinar.com/index.php?/topic/114298-source-for-%E2%80%9Ctomorrow%E2%80%99s-press%E2%80%9D-presidency-of-the-parliament-agree-with-the-blocks-and-the-finance-committee-to-pass-the-supplementary-budget-tomorrow/#comment-874169

MrsClassy: Opportunities are coming

23/7/2017 12:00 AM Economists, businessmen and businessmen consider that the next phase of the richest investment opportunities that the international companies are looking for in relation to the construction and reconstruction of Iraq is the same, but it is natural that the requirements of achieving this goal requires large sums of money to absorb its implementation.

Because it has huge money, modern technology and the required benefit, but there are challenges and outstanding effects that hinder the entry of these companies with large sums of money. What is required for this challenge?

That Iraq's need for funds is greater than we imagine to cover the reconstruction and reconstruction due to the infrastructure suffered from the total destruction and strategic projects of disruption and decline.

Therefore, the Iraqi banking sector in general has rich opportunities to contribute to the implementation of these projects in various ways through funding, partnership or direct implementation .

But since the capital of private banks is weak compared to the requirements of financing construction and reconstruction, what is the solution to this challenge?

In a press interview with the banking expert Faisal Al-Hims, I asked him about his evaluation of banking performance. He said: "Let's evaluate now. Let the question be what is required of the banking sector in the next stage ."

​Said: The right way for banks to provide the requirements of the next phase is the integration of banking to raise the amount of funds capable of meeting the requirements of the executing companies.

And should be aware of the banks to the seriousness of dependence on the only product is the currency window, which may end its mission in the next stage, what will private banks do then?

Then it is now necessary to think about looking for a profitable and successful investment that can not be achieved without banking integration .

Added to the opinion of the banking expert why fear of banking integration, they noted that the major Gulf banks are merged to raise their capital to meet the challenges and risks.

What is needed is to leave the bureaucratic view of dealing with banking and to turn to the real interest embodied in good governance and rewarding partnership.

This is the advice of the experts in order to promote the banking sector again with the clear letters of correspondent banks to the requirements of attracting money and companies.

http://www.alsabaah.iq/ArticleShow.aspx?ID=141125

http://forums2014.peoplesdinar.com/index.php?/topic/114286-opportunities-are-coming/#comment-874208

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