[millionday] This came in answering the question, “morning” about how the application of materials and the relevant provisions of the Constitution in economic affairs made by academic Dr Imad Abdel Latif Salem, saying: That the public policy-making process in Iraq faces a major challenge embodied in the non-application of the provisions of the Constitution of 2005 related to the economic issue To meet this challenge must be initiated without delay in the study of the constitution first and agree on the interpretation and clearly defined her or modification of some of then do drafting mechanisms, policies and institutional frameworks (procedural and legal) to transform these terms and constitutional articles to factors united and supportive of the process of transition to a market economy and not vice versa.
[millionday] in iraq they respect their academic leaders — unlike here we dont let them cut in the unemployment line — smile
[millionday] i am bringing this because it explains to us the concept and also the references to the constitution we have seen in this process
[millionday] He Salem There are those who believe that the content of Article 25 states or disclose clearly define the nature of new economic order in the country pointing out that this article provides state guarantees economic reform according to the foundations of modern economic and ensuring investment full resources and diversifying its sources and encouraging the private sector and development noting that Those resorting to refer to reform the Iraqi economy in accordance with the basis of any modern economic provide the foundations for the transition from a centralized to a free market economy as well as encourage the development of the private sector.
[millionday] this goes on to explain…… He Salem to that article 112 Second was the constitutional basis for the characterization economic system in Iraq as a market economy, noting that this article stipulates that the federal government and the governments of the region and producing provinces together policy-making strategy for the development of oil and gas wealth in order to achieve the highest benefit to the people Credit most modern techniques of market principles and encouraging investment. Article (110)
[millionday] He noted Salem to the Article 110 of the Constitution provides for the exercise of powers of the Federal exclusive powers draw of economic policy and foreign trade as well as policy-making trade across the borders of the province and the provinces in Iraq, setting the state budget and formulating monetary policy and the creation of the central bank and administration as well as the development of the draft general budget and investment.
[millionday] now it goes on to talk about the things in the way
[millionday] The Salem notes that would impede the process of economic policy limit the economic function of the authority of the Federal draw general economic policy and using the two policies fiscal and monetary promise condition is not sufficient to achieve reform of the Iraqi economy according to the foundations of modern economic especially as this economy suffers from structural imbalances chronic lasted decades pointing out The economic reality and the existing social in Iraq now requires a bigger role of the state as well as limiting the role of the state to prepare a budget generally distributed for assignments will be devoted character rentier state dependent quasi-absolute returns on export of crude oil in order to finance current expenditure pointing to the absence of almost entirely to the role of the private sector in activity Economic.
[millionday] He called at the conclusion of his speech to determine the implications of the reform and its priorities, including identifying priority to move to a market economy through economic reforms, pointing to the need to provide the foundations of sound, necessary to achieve a smooth transition lowest possible cost as well as complete the necessary legislation and put into practice and contribute and in a manner effective in relieving encumbrances social consequences rather than on the process of economic reform, but also on the process of transition is also stressing that the priority in this reform should be targeting those programs policy and patterns of management and political behavior and working to unload the process of the reform of the content of the positive on one side and disrupt the process of transition and prolong and increase mandated social and economic development on the other.
[millionday] so in other words — everything must be applied all at the same time for it to be successful
[millionday] the change in the streets to the change in the stores to the cost of the lawn mowed — everything has to make sense and that is huge in the smooth order of economic health for the citizens
[millionday] this is the thing — it has to all make sense in all forms
[millionday] the act of media being used to teach and inform was actually the best way to get all this done while they applied all of the legislations and regulations as they have
[wmawhite] millionday …..so, MD,……are they just talking conceptually about this or are they implimenting this?
[millionday] now they have many ports of information from everywhere from the bankers to the students ect ect
[millionday] this is an explanation by a respected professor — and is informing people in general how this is all being applied or actually the excuse of why it is so tedius [millionday] brb with more
[millionday] Expected economic expert on behalf of Jamil, the advent of the largest companies in the world to Iraq for the purpose of work and investment, especially after the withdrawal of Iraq from the provisions of Chapter VII, which was imposed upon by the UN Security Council. Jameel said a press statement: that Iraq would emerge from Chapter VII stimulate discreet international companies to enter the market to invest in Iraq, because the Iraqi environment became safe opposite of what the item was borne to the world that Iraq is a safe country and a threat to international peace.
[millionday] He added that foreign investors when they come to Iraq contracted with insurance companies, both for the flight or for employment because they think that Iraq is a risk and threatens global security, but after the withdrawal of Iraq from Chapter VII will push global companies discreet to come to Iraq without restrictions or fear.
This has voted The UN Security Council on Iraq would emerge from the provisions of Chapter VII, which imposed on him during the former regime in the nineties of the last century.
[millionday] as we know there are a lot of people afraid of going to iraq — there has been a lot of attacks and i cant imagine myself going there to do business
[millionday] but the opening of such an opportunity for growth in major companies will drive them there and also cause the country to expand their security for the international community as we have seen [millionday] brb with more
[millionday] this is the good news we are wanting to see there is an emergency meeting on thursday and the reason that is great for us is this:
[millionday] today the world bank has accepted and praised the presented reforms for the economy — meaning banking and the entire monetary reform — economic as a whole
[millionday] so now we have this coming on thursday as a direct result of this
[millionday] House Speaker Osama Najafi to hold a public hearing emergency on Thursday to discuss the situation in Diyala province. statement issued by his press office has received “morning,” a copy of it, said Najafi met on Wednesday MPs for the province of Diyala, as it has been during the meeting reaffirmed that the security crisis faced by the city of Muqdadiyah with serious indicators result Privacy Diyala province, and accumulations of its predecessor, in addition to the seriousness of its extension to the cities and other areas.
Godsalli/Jim] Really wowser
[millionday] Najafi to hold a public hearing on Thursday in order to deter violators and terrorists in Diyala and relieve tension to contain the crisis, and then find a solution to end the suffering of the people of this city daily targeting of stark and clear.
The parliament speaker said: “Terrorism exploits the security situation and the political and tribal deteriorating and everyone cooperation for the purpose of ending the crisis and find a balance lost within the province.”
[millionday] Godsalli/Jim smile
[Dianne777] millionday I m sorry I thought they declared another holiday tomorrow because of the heat
[millionday] House Speaker Osama Najafi with Iraqi Central Bank Governor Abdul Basit Turki on Wednesday mechanisms to control the price exchange, and procedures against the banks offense and the importance of activating the judiciary in the end these files. two sides also discussed, according to a statement issued by the Office Najafi received “morning,” a copy of it, ways to reduce the damage caused by the policy bank earlier and forwarded to the judiciary.
[millionday] havent heard that hun
[millionday] Najafi During the meeting, Council’s support Representatives of the Central Bank and his administration the current in order to strengthen the cash balance and control of the exchange rate to serve the interests of the Iraqi citizen, stressing at the same time the need to complete the procedures for the development of the Bank’s work, especially in the field of electronic connectivity with banks and regulatory authorities such as customs and taxes. also addressed the search procedures carried out by the banking policies to remove the implications for the post-lift protection the U.S. for Iraqi funds in and out of the provisions of Chapter VII.
[LBnFL] http://translate.googleu ··· U4ds51Nw
[millionday] what is that?
[LBnFL] article for tomorrow “holiday” due to heat
[lorijeanmarshall] Council of Ministers announced the official working disable Thursday in Baghdad and the provinces due to high temperatures.
[millionday] thank you there is more to this i am trying to bring
[millionday] they seem to be having this emergency meeting inside
[millionday] This is called the head of the House of Representatives to hold a meeting with the Committee of indebtedness which is chaired by Rose Nuri Shaways Deputy Prime Minister for Economic Affairs and the membership of oil ministers, Justice, Finance, Foreign Affairs and Chairman of the BSA, to study and discuss the mechanisms in place to address the issues of debt after the lifting of U.S. protection for Iraqi funds. Meanwhile, the central bank announced that the World Bank praised the draft reform of the banking sector in Iraq.
[millionday] The bank said in a statement received “morning” a copy of it: “The bank received a letter from the World Bank praises the report issued by the international auditing firm for the financial statements final draft reform of the banking sector in Iraq.”
[millionday] so the great news is that they are meeting tomorrow as the final audits are done and the stamo of approval is done from the world bank — this will include all leaders we saw in this report which seems to include all areas of economic reform politically and also monetary
[Godsalli/Jim] That is very interesting!
[rollonjohn] Yippppppppeeeeeeeeeeeeeeeeeeeee!!!!!!!!!!!!!!!!!!! !
[LBnFL] so this means another 3 day weekend for them….any significance?
[millionday] brb with more — yes very interesting and i am not going to work so i can see what comes of it and bring it in for us [millionday] this is very huge and very exciting
[millionday] lets hope so — i see no reason for the approval not to show us action now that they have finished with the reform meeting with cbi and the political entities this includes
[ROBINREDHED] love it
[millionday] me too girl friend — wow i love it brb with more
PART 2 CONTINUED