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Saturday, January 31, 2015

News & Comments with BLC Admin tlm724 (1-31-15)

Finance Minister discuss with the accounting firm Ernst Andeyong officials and Alaschariaadedda issues

Friday January 30, 2015

Search Finance Minister Hoshyar Zebari said on January 29, 2015, with Mr. Bishr Bakr representative firm Ernst Young (EY) and a number of experts, a number of the company's financial and accounting issues and the process of rehabilitation of government banks.

The contract with the Ministry of Finance of these international financial consultancy company Lala several years ago during the meeting was to agree on a number of charges Alqzaiaalta Iraqi financial and economic situation.

http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=184

[tlm724] Ernst and Young is there and has been there to make sure the banks are set and ready !

[tlm724] *hallelujah*

~~~

Special / importance of the current budget is allocated to support the banking and health sectors in the country

[tlm724] the importance of the adoption of the budget in 2015 being characterized by the benefits which included a project for the establishment of a deposit insurance company and invite the Central Bank to support the banking and health sector and free economy as well as facilitating the establishment of Islamic banks and support industrial and agricultural banks and real estate.

[tlm724] which included a project for the establishment of a deposit insurance company

[tlm724] there we go protection for deposits *hallelujah* I love it when a plan comes together !

~~~

Rafidain Bank proceed to issue MasterCard card to its customers in the inside and outside Iraq

[tlm724] we knew Rafidain issued this back on Jan 22nd, it was announced on the MOF site, let me show you. Great to see it in the news !

[tlm724] Rafidain Bank announces the issuance of a smart card for retirees in its branch in Abu Dhabi Thursday January 22, 2015 Rafidain Bank announced the issuance of the smart card (ironing Card) for retirees in its branch in Abu Dhabi, said above the bank said in a statement that a delegation consisting of the bank staff and the international company for the smart card visited Abu Dhabi branch

briefed on preparations for the menu to activate the service (Ki-Card), noting that he has the process of issuing smart card for retirees living in the United Arab Emirates where he can receive their pensions through it easily and without suffering as it was in the past through the receipt manually.

http://www.mof.gov.iq/Pages/MOFMinistryNewsDetail.aspx?ArticalID=68&LstName=MinistryNews

~~~

Zain Telecom plans to offer shares in the trading market

[tlm724] *hallelujah* Zain, lead the charge, bring it on !

[tlm724] Zain shares to trade as well as the presence of shares Asia Company torrent there will be a promising market as possible be relied upon in support of the Iraqi economy.

~~~

Abadi: We will not retreat from our decisions on reform and are able to get out of the economic crisis without losses expanded

[tlm724] Abadi: We will not retreat from our decisions on reform and are able to get out of the economic crisis without losses *hallelujah*

[tlm724] he's the man, standing his ground !

[tlm724] "We have taken a series of decisions reform nor irreversible and are moving in the work and we will come out of this great challenge,

~~~

Budget to the presidency Sunday Law for approval

[tlm724] budget would be sent to the presidency on Sunday for approval after being audited by the relevant personnel in the Ministry of Finance

[tlm724] President has to sign it

[tlm724] that the process of sending the law to the presidency and ratified take one month only

[tlm724] I think they will begin to exchange (distribute) the funds in late Feb, they know they have to get them out ASAP

~~~

Pentagon: US may have to send ground troops to Iraq

[tlm724] Announced the US Department of Defense (Pentagon) Friday, January 30 that it may send non-combat ground troops to Iraq to help the Iraqi forces in the fight against the organization "Daash.

[tlm724] US need to examine all options in Iraq,

[tlm724] we'll see


~~~

Abadi Jubouri discuss activating document the political agreement and to address security breaches

[tlm724] "al-Jubouri, received the Prime Minister Haider al-Abadi, and discussed with him the developments in the political process and activate document the political agreement, especially after the national consensus

[tlm724] ok activate away ! everyone on the same page then continue to move forward with ALL the reforms


~~~

Abadi: No economic crisis in Iraq and are committed to the formation of the National Guard during the six months

[tlm724] He pointed out that "there is a financial problem, and we have no economic crisis threatening the country and that Iraq powerful capabilities of its people and we have the ability and potential, which is enough for us to generations," explaining that "the crisis of cash, which does not suffice all the expenses that we need and causes low watchings oil to 40 %, and the collapse of revenue caused a cash crunch, but this government is keen after approving the budget to meet the basic amounts and priorities,

[tlm724] that Iraq powerful capabilities of its people and we have the ability and potential,

[tlm724] *hallelujah* they will shine like a new penny and the cash crisis won't last long

[cat] yep

[tlm724] he is a man of word !

[tlm724] "He said in the central administration we have given powers to the provinces of our country we respect all the powers

[tlm724] He explained that "our cooperation accelerates the timings, through speed up to speed, the enactment of legislation and a measure of unity and building on religious and ideological, military and social aspects and components of society and the relations between the provinces and the cooperation between the division of resources, ratios and water we can unite to cross this dangerous area, and overcome the enemy." .

[tlm724] "our cooperation accelerates the timings, through speed up to speed, the enactment of legislation

[tlm724] *hallelujah* here comes BondLady 's basket of laws !!


~~~

After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law

[tlm724] claims to expedite the enactment of the oil and gas law

[tlm724] no doubt

[tlm724] , a number of experts and specialists in economic affairs called for supporting the Iraqi economy laws,

[rsp1] *wolfwhistle* *hallelujah* that's what I'm watchin' for

[tlm724] including oil and gas law, legislation

[tlm724] the oil and gas law is one of the important laws because it determines the powers in the industry manage extractive between the federal government and local governments of the provinces and the Kurdistan region, to end the oil differences, especially with the region, in order to organize and develop this important industry to the national economy.

[tlm724] Prime Minister Haider al-Abadi to send a new draft of the bill to the House of Representatives during the current session

[tlm724] The Oil Minister Adel Abdul-Mahdi, has called for the House of Representatives to expedite the issuance of oil and gas law for the producing provinces of the Kurdistan region for their rights.

[rsp1] Abadi does seem to get things done in a very timely fashion.

[tlm724] Mahdi is pushing to get this done

[rsp1] I don't see that changing now...especially with Mahdi wanting it done.

[tlm724] we knew they wrote a new law so we should see it in Feb imo

http://www.bondladyscorner.com/t113299-morning-news-comments-01-31-2015

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