Iraq an economic Study

Weird day. Looks like Najafi just met with Maliki. No explanation as to the outcome of their meeting, but it seems to have gone well.

Then again, maybe this is just the "butt-sniffing that happens before two dogs fight," as ZenMaverick so eloquently put it.

[link to translate.google.com]

Najafi and al-Maliki meet in their first meeting since the inception of the current crisis

Friday, July 13, 2012 12:27

Baghdad {: News} Euphrates met with Prime Minister Nuri al-Maliki and Parliament Speaker Osama al in their first meeting since the emergence of a political crisis to the current.

A statement by the Office of the Najafi, "Najafi met Thursday evening in his private office of Prime Minister Nuri al-Maliki and a delegation from the National Alliance. Maliki where he presented the delegation members and their condolences to President Maasathm Najafi."

He added, "Najafi expressed his thanks and gratitude to the Prime Minister and his accompanying delegation on the sincerity of their feelings of fraternal solidarity and sincere." The statement did not detail more than this. Ended

Last Edited by Revbo™ on 07/13/2012 09:45 AM

Haven't these guys heard about the Mayan calender. Come on people, I'd like to have at least a few months to spend my money.

I swear the Iraq Gov, is as useless as the "g" in lasagna, it's like watching old people fuck. I wonder if the people know how much money they "should" be worth. They probably have no clue, or else I imagine heads would be rolling.

Last Edited by Munsoned on 07/13/2012 03:18 PM

[link to dinaralert.webs.com]

Hours of work between Maliki and Najafi

Tgirl
Administrator
Posts: 18209
07/14/2012 0:00

BAGHDAD - Al Sabah - Omar Abdel-Latif

Yielded a meeting between Prime Minister Nuri al-Maliki and Parliament Speaker Osama al agreement to seek approval of important laws that serve the Iraqi people. This comes at a time in which it announced the Iraqi List, a meeting will be in the coming days between the existing Iraqi President Iyad Allawi, leader of the Sadrist movement, Muqtada al-Sadr in Najaf, in the presence of the speaker. Described the coalition of state law, the visit of the Prime Minister to the President of the House of Representatives to "positive "and" friendly.

"A member of the State of Law coalition member of the delegation MP Yassin Majeed said in a statement singled out by the (Center Brief for the Iraqi Media Network):" The meeting, which lasted up to time though, he came to offer condolences to Nujaifi the death of one of his relatives, but he was friendly and positive. said Majeed, "it was during the meeting, ask a lot of issues and touched on many of the laws and the relationship between the executive and legislative branches, in addition to discussing the draft law of the infrastructure which has been studied in a parliament session on Thursday in the presence of the Ministers of Finance and Planning, as well as bills of other , and the issue of re-former officers to serve in the current Iraqi army.

A statement of the Office of Najafi has announced that the Prime Minister and members of the delegation offered their condolences and sympathy to President Najafi, where the president of the House of Representatives expressed his thanks and gratitude to the Prime Minister and his accompanying delegation on the sincerity of their feelings of fraternal sincere and solidarity. He Majeed : "The meeting also discussed the draft laws of the many on the executive and legislative branches, and exchange of views on some of the bills of other pressing that can contribute to providing services to citizens," denying at the same time address from near or far to the subject of questioning the Prime Minister or the withdrawal of confidence from the government, saying, "during which they talk about all the terms of the draft laws in various areas, through the presence of bills and approval by the House of Representatives, and the other must be reviewed by the government, and the origin of the relationship between the House and Minister in relation to bills.

"Observers believe that the meeting came at the initiative of Prime Minister and this means that the language of dialogue began to take its way and check what has failed attempts to spark a crisis does not exist. said observers," This meeting is a sign of further meetings, may take place in the coming days, especially as the paper of reform that will put the National Alliance, won preliminary approvals from most of the parties. "in the meantime, the Iraqi List, a meeting prospective combines the leaders of the mass" Iraqi "Osama Najafi and the Iraqi List, Iyad Allawi, leader of the Sadrist movement, Muqtada al-Sadr, according to a member-based Salem Sabawi Daly told the "Center Brief for the Iraqi Media Network."

Last Edited by Revbo™ on 07/13/2012 08:35 PM

They should just look at Dubai. Have you seen that place? They're building a 107 sq mile theme park, with a Vegas strip bigger than the actual Vegas Strip. And they only have ten years worth of oil left. Iraq has, like, 200. But then, Iraqis are not very educated, and don't know any different, except the Kurds. Erbil is doing great.

Exactly WTF! What, Iraqi's don't like to ski in the desert. Do they even know what snow is?

Glad to see the old AV back Rev, the new one just wasn't the same. Good to see ya either way bro, hows life treating you? Thanks as always for keeping the thread alive. I guess it's looking like Jan. once again. Oh well!

BTW Hi Calin, Hi Rk.. I mean Seeker deuce, I may never get over that. Hope your summers are going well.

As always Go RV!!!!!!!!

Yeah, I was getting a little tired of it, too. I liked it, because my daughter drew it on the patio (I added the cigarette), but it didn't really show up very well. Good, man. Good to see you again, too.

It's not going to January.

I'm just gonna let SWFloridaGuy handle the updates from here on out. He's better at it, and it means I don't have to write much.

7-16-2012 SWFloridaGuy (Part 1): Today there were two reports released that show us the direction Iraq headed. According to the World Bank, Iraq is now ready to comply with their obligations and their application for full WTO accession is currently being reviewed for acceptance as negotiations continue. In addtion to forming a complete and functioning GOI, Iraq has six major issues they are working on right now. 1. Improving the banking sector. 2. Improving the infrastructure. 3. Improving transparency within government procurement procedures. 4. Designing economic zones for effective investment promotion. 5. Implementing their "vision" for national investment commission possibilities. 6. Effectively promote investment opportunities. Iraq must have a tradeable currency to accomplish their goals and reclaim their economic prowess in the region (as it should be). The IMF, World Bank and the OECD-Mena initiative have continued to promote broad reforms to enhance the investment climate, modernize governance structures, strengthen regional and international partnerships, and promote sustainable economic growth.

7-16-2012 SWFloridaGuy (Part 2): This is no simple task and after decades of war, Iraq alone does not have the capacity to accomplish this. They don't have to. This has been a joint effort from the beginning and together with the IMF, World Bank and countless other government entities, commissions and organizations they have been able to implement policy reforms, develop legal framework, involve practitioners and the private sector, use amendments and decrees to update and modernize existing Iraqi laws, ensure alignment with the overall strategic industrial development strategy of GOI using other international templates to ensure compatibility with related laws of the country i.e. public private partnership, customs, financial regulations etc. We need to keep in mind many governments and corporations are heavily invested in Iraq and continue to support their reconstruction because like us, they see Iraq's potential and have invested heavily in order to reap the benefits themselves. There are certain key factors they monitor closely and will support (to protect their interests) such as political stability and the health of sectors which can maximize net economic gain. They can increase benefits by improving Iraq's image on an international level.

7-16-2012 SWFloridaGuy (Part 3): In Iraq, government procurement plays an important role in supporting the reconstruction and rehabilitation of the national economy as well providing the necessary infrastructure for the development of the private sector. The modernization of the legal and institutional frameworks for procurement is a priority for the GOI. Iraq is once again receiving help and using certain international blueprints such as the United Nations Convention against Corruption, the Agreement on Government Procurement of the WTO, the Model Law of the United Nations Commission on International Trade Law and the European Commission Directives to accomplish this . The World Bank, IMF and European Union recommended procedures such as the agreement on Government Procurement (GPA) of the WTO, the Model Law of the UN Commission on International Trade (UNCITRAL) and the European Commission Directives. The goal is to enhance economic integrity, transparency, credibility and prevent misconduct. Actually, Iraq is the one requesting (and receiving) help in these areas. Iraqi officials frequently fail to act for fear of violating new rules and procedures which they don’t understand. However, some of the responsibility of supervision has now been transferred over to the Council of Ministers, which is a good sign.

7-16-2012 SWFloridaGuy (Part 4): Iraq is also looking into global guarantees applied for by contractors and issued by the banks for a given period. For foreign firms they will use guarantees of banking institutions based in their countries of origin, then register with the Iraqi banks. The calculation of the bid bond as a percentage of the published price of the tender will facilitate the obtaining of these guarantees. The Iraqi banking system plays an important role in these transactions. The bottom line is: for Iraq to successfully implement the next stage of their economic reforms, they must continue to consult with representatives from the private sector, bilateral donor agencies and international organizations - such as the UN, WTO, IMF and the European Union - to ensure they are in compliance with international "proviso" or requirements. With the issuance of Investment Law No.13, the economic approach in Iraq has transferred from the centrally guided economy to a market economy, which of course is an important change in the economic philosophy. There are many aspects and contributing factors we will never be fully aware of, but we can follow the general progress and recognize that (with a lot of help) Iraq is moving forward economically and their goal (clearly) is not only integration but establishing sustainability.

This was great. There was an article yesterday that started off seeming kinda worrisome, but when you dig into it (Thanks, Kap), it says they will be using the 2003 lower denoms instead of the new currency in January, ostensibly because they can't decide on what pictures should go on them. If they use those older notes (1s, 5s, 10s, and 20s) that were printed along with the notes we hold, they can't l-word, because those old notes are from the same series, so to l-word the 25K note, they'd have to l-word the 1 note, which would make the 1 note worth the same 1/10 of a penny it would be worth now, were they to even bother to use it now.

Kaperoni: I talked about this on the CC last night, so if anyone wants more information, get the July 15th call and listen.
Kaperoni: Here is the article…There are several with the same name.
Kaperoni: Parliament: The Central Bank will not be able to replace the currency early next year - Date: Monday 16/7/2012 1:29
Kaperoni: [link to www.iraqi.dk]
Kaperoni: Quote…
Kaperoni: “Deputy of Iraqi coalition/block/Hassan Salman Al-Bayati, the Central Bank's inability to replace currency early in (2013), because he was unable to resolve print new currency arrangements zeros deleted and did not agree on appropriate slogans reflecting the culture of Iraq.”
Kaperoni: The CBI is stating because of the delays, due to the layout decisions on the new currency, they will issue the smaller bills to cover in the meantime. That is spectacular news for us!
Kaperoni: The CBI is NOT stopping. The articles about 2014 are simply stating the new currency with the Kurdish language will not be ready as expected in time for the 2013 budget. So, what the CBI is going to do…is use the dinar that is already printed.
Kaperoni: Yes, now we have confirmation that back in 2003 when the 3 zero notes were printed, they also printed lower denoms. Here is the next quote…
Kaperoni: “And: the balancing (2013) will be issued in the current currency and not new not being ready for circulation, old currency will remain for two years in trading in the market until they are withdrawn gradually.”
Kaperoni: Let me break this down…. They are say they are going to use the existing currency, which is not new for the balance of 2013. Because the new is not ready for circulation. Awesome stuff!
Kaperoni: These notes are within the same family and will be introduced and the rate rises. There is no value unless the rate rises.
Kaperoni: So there,…we have confirmation that smaller denoms do exist.
Kaperoni: Done.

Read more: [link to dinarvets.com]

Don't hold me to this, but I think Maliki is trying to force the CBI to stop the auctions. Dinar is going to continue to lose value if CBI isn't allowed to support it with dollar sales. Unless, of course...

Source: Prime Minister, order the suspension of foreign exchange to the dollar .. Requires the central bank governor

Topic has been read 22 times
Author: the future of Iraq

07.17.2012 0:00

The future of Iraq / special
source revealed well-informed about Prime Minister Nuri al-Maliki ordered to stop foreign transfers to the dollar, stressing that he summoned the Governor of the Central Bank and a number of heads of special committees to discuss the issue of remittances outside the country. The source, who declined to be named the "Future of Iraq" that al-Maliki the Tax Department to review all the files and priorities for the purpose of verification of financial transactions fraudulent and suspicious.
comes that development in the light of the report published by the "Future of Iraq" in the earlier reports and documented information on the operations of washing funds aimed at millions of dollars out of the country are supervised by senior government officials. May be a distress call that launched the "Future of Iraq" yesterday to protect the national economy of the futility of abusers who visit the import documentation, which is "manifest of origin, certificate of origin, the bill, a document shall pay the tax" subject to ratification by the Ministry of Foreign Affairs and the Embassy of the importing country of it, may This appeal is not final, as the "Future of Iraq" has the documents proving the involvement of dealers have a monopoly on the dollar and buy it at an agreed price with seven local banks and sell it 40 points behind. In effect it has received the "Future of Iraq" a barrage of threats received via phone messages and mobile phone calls are also aimed at preventing it from broadcasting those files and exposed to the concerned authorities and public opinion.
The open-door policy and the freedom of foreign exchange catalyst on the smuggling of currency, according to one expert economists. And Article III provides that the term "foreign exchange" means any currency or check or Svenjh "policy" or money or support of the order "bill of exchange" or ordered to pay or credit or any credit or account balance or instrument "support" or any other means of payment other than be payable in a currency other Iraqi. The Finance Committee of the House of Representatives has placed controls and laws and instructed the central bank to apply to the offices of foreign transfers of money to turn them every 50 thousand dollars, U.S. out of Iraq. Previously, the Audit Court that issued a report confirming that the operations of foreign exchange is not according to the law or the instructions, and the smallest of the five only one percent of transactions are conducted in a legal way, as the government accused the central bank responsible for the smuggling of amounts estimated at 180 billion dinars over the past years due to poor procedures control on the movement of funds. [link to www.almustakb...w.aspx?ID=25186]

Read more: [link to dinarvets.com]

So you think before Jan. Rev? I hope so, how about Calin and Sk? What are your thoughts these days.

I would tend to think after the New Year. This is what they said months ago and no one liked the Idea (dinar holders) so they ignored it. lol. But things change so one never knows. sk

I don't think anything is gonna happen during Ramadan, but it's all dependent on the politics, so it's always possible, but I'm thinking either Sept or Jan most likely.

Munsoned, Calin, and sk: Check you PMs. I'll explain through there if you have questions. Kind of a new scenario developing, it seems.

Last Edited by Revbo™ on 07/20/2012 08:21 AM

I have to defer to RevBo and sk as they re following events more than I have lately.

Very different information I see RevBo!

big hugs....

Kinda, yeah. Probably was the plan all along. It's just now starting to leak out a bit. The big boys set this up for themselves. No way they're gonna let some little credit union benefit from it before they get most of the action.

Was there an article supporting those remarks?

Last Edited by calin on 07/20/2012 09:31 AM

Nope. Just what Kap is hearing. He's not one to post unfounded rumors, though, and this structure he mentioned is very specific about what the plan is. He doesn't mention it much, but he does have private sources. This is the first I've heard of an actual process, other than the prior speculation that banks and dealers would be the front line for cash in.

Last Edited by Revbo™ on 07/20/2012 09:53 AM

Ok. thanks

Thanks for the heads up REVBO, nice to see you around munsoned. Still think we are looking toward the end of the year. Although it might be a feather in Obamas cap if it were to happen in time for the elections. sk

PM me Revbo. TIA.

Sent. Sorry about that, MT. Didn't mean to leave you out.

Here's a little bit of random information that may give some indications as to timing...

tadams: "I have held this back because the negativity here,but on July 4 at a party one of the guest whom I didn't know ,when asked what he did for a living out of the blue says i work fork for delarue .I almost fell over and then asked him about Iraq and he said "We are schedule to install 10machines in Baghdad within the month". This is my first real encounter with someone who actually knew about the dinar at all.."

Read more: [link to dinarvets.com]

uhhhh... didn't that happen a year ago?

That's prehistory for me.

Please, oh, please, let this be true.

7-21-2012 SWFloridaGuy: This article looks very positive but we still need more confirmation. Right now it's just one report but it is a great sign that this is coming from the Iraqi List (Maliki's opposition) along with the NA and not just his own camp. This shows they are making progress and working toward implementing the necessary reforms.


Iraq: No need for more dialogue and alliance, said the reforms implemented
21/07/2012 16:45

Erbil, July 21 (Rn) - Description of a statement to the Iraqi list, Saturday, to meet its leader, Iyad Allawi, with the head of the National Alliance, Ibrahim al-Jaafari said on Friday that it was constructive and brotherly, indicating that there is no longer a need for more dialogue and on the coalition to begin the implementation of reforms. According to a statement to the list.

The statement added that "the two sides traded the current situation in frank and constructive dialogue, and emphasized the need to develop ways to get out of the political crisis and crossing the country to safety." He said Allawi stressed that the coalition in Iraq is looking forward mentality open to the initiative of the National Alliance to conduct reforms, based on the close political reform approved by the House of Representatives and former Conventions Erbil first, second, and that implementation is the prerogative of the National Alliance, which leads to power in Iraq and he has to implement the reforms prescribed is no need for new dialogues. However, saying "as Allawi stressed that the blocks aligned in Arbil - Najaf continues to constitutional options and democracy to ensure the achievement of democracy and safeguard the rights of the Iraqi people, and building real-state institutions based on the principle of citizenship. Iraq is facing a political crisis since for quite some time but has worsened recently and went to the extent the claim of no confidence for Prime Minister Nuri al-Maliki as the demands of the Iraqi List and the mass of the Liberals and the Alliance Kurdistan (PUK) to withdraw confidence from the Maliki and the collection of signatures for the deputies and handed over the signatures to President Jalal Talabani to persuade him to submit a request to withdraw confidence from the al-Maliki to the House of Representatives, but he did not submit this request to the parliament for lack of quorum the full confidence and announced the National Alliance on Sunday for the completion of paper reforms, drawn up by a committee of seven members in it, indicating that the paper will be put on the rest of the political blocs. included paper reforms, three points is to invite all political parties to review the situation in the light of the political crisis experienced by the country and to invite the political parties to deal with the call for dialogue positively and put all files, but on the basis of commitment to the Constitution as well as partners are invited to discuss the important issues and find solutions according to the time limits as well as the media's commitment to the truce. RN LLC
[link to www.aknews.co...knews]

Read more: [link to dinarvets.com]

And, now Sadr's back on the no confidence vote. Maybe he didn't get the memo that they've worked everything out yet. Either way, at least stuff is happening. Good Ramadan so far.

[link to www.dinarupdates.com]

BAGHDAD / electronic integrity

Board to re-claim the Sadrist movement to withdraw confidence from the Prime Minister Nuri al-Maliki, adding that «paper reforms made by the National Alliance does not meet our ambition is not ambitious, and the government does not accomplish the reforms that leave».

Despite the fact that the meeting of the National Alliance, the day before yesterday confirmed «the need to apply a paper of the reforms put forward», called «speed up the formation of the Electoral Commission, and amend the law on provincial elections», but the secretary-general for «Liberal bloc» which represents al-Sadr in Parliament Zia al-Asadi description paper as «not at the level we aspire to it», stressing that «should be a change of government that fail to accomplish reforms».


Asadi said in a statement to the newspaper «life» that «Mr. Muqtada al-Sadr was evident in the reforms need to be radical, comprehensive and specific cut the time».


He added that «these things not included in the paper reforms, in particular the question of the time limit and that there are no treatments for the problems and crises».

He added that «the Commission on reforms to the committee that we were not looking forward to it, because they are members of the Council of Ministers and the rule of law and some parties of the coalition, and we were looking forward to a panel of experts and not from the parliament or the government».


He added that «the Commission does not include any member of the Liberal bloc or al-Sadr. And neglected reform laws midwife to interpretation or explanation such as the election of provincial councils and define the powers of local government, and activation of the decentralized system of giving broad powers to the provinces and territories, and to develop explanations and materials and clear separation of powers because there is overlap in their work and did not confirm the need for legislation of important laws such as the law of parties or Freedom of Information Act and the right of access to information, especially that there is a major blackout on the information is not declared either to the media or to the people ».


He ruled to approve the Kurds and the Iraqi List on the reforms, saying that «the paper reforms do not live up to our ambition or our ambition».

Sorry, article was from 2011.

Last Edited by Revbo™ on 07/21/2012 02:10 PM

No original link, but this guy doesn't post BS, and this sounds really good.

[link to www.dinardetectives.com]
7-22-2012 National Alliance: National Alliance and Iraqiya are near an agreement on reforms paper. Disclosed today a sort of nearness is expected to be reached between the National Alliance and Iraqiya bloc on the reforms paper, pointing that the paper will take note of all comments and will work on time-table basis. Iraqiya bloc has the desire now to earnestly cooperate with the reforms paper, which shall be handed to all political blocs. Read more

Last Edited by Revbo™ on 07/22/2012 11:43 AM

I've had 1.25million Dinar since 2005. Hope something happens soon! :)

From Sonny1 regarding the following article:

"looks to me like dr.shabbs cant wait for the new currency to be printed before he moves, hence they have enough coins to cover it.

this imo, is the best article we have received in all the years that i have held my dinar.

shabbs seems to finally have a major sense of urgency...."

Central Bank: we have from the reserve currency, so as to cover the process of deleting the zeros
Baghdad / justice - 23/07/2012 - 2:05 | Hits: 92


Said Central Bank Governor Sinan Shabibi for the selection of a British company and the other a German for the printing of the new process to delete the zeros after it.

The Shabibi during a meeting with members of the Finance Committee, the parliamentary according to a statement of the Commission that the central bank chose a British company and the other a German among the many international companies to complete the process of printing the new currency being the Ttavan about 75% of the currencies in the world. He noted that the central bank has reserves of the coin so that they can in the process of deletion of zeros and coverage significantly. He Shabibi the main reason in the process of deleting the zeros due to the economic stability experienced by the country and the ability of the large cash with the Central Bank.
and on the currency auction between Shabibi the operation as a window to enter the foreign currency and raise the value of the dinar Iraq. The parliamentary delegation included Deputy Hussain Yasiri, and MP Ibrahim al-Mutlaq, MP Magda al-Tamimi. During the meeting, they discussed the latest developments reached by the Central Bank in the subject to delete the zeros and replacing the national currency and the policy of the completion of this process. The meeting discussed the issue of controls adopted in the auction currency and the volume of the money supply

[link to www.aladalane...ticle&id=100192]

Read more: [link to dinarvets.com]

Last Edited by Revbo™ on 07/23/2012 12:06 PM