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MY LADIES: WELL I KNOW IT'S GETTING LATE BUT I WANTED TO ADD SOMETHING VERY QUICK HERE.

IT IS ABOUT THE SIGNING OF THE BUDGET. DXXX FIRST SAW THIS EARLY THIS AFTERNOON ON PARLIAMENT WEBSITE UNDER LAWS ENACTED.  

HERE IS THE LINK http://parliament.iq/ILaws.aspx 

SHE BROUGHT IT TO ME AND WE JUST SAT ON IT FOR A WHILE. I WANTED TO GET IT TO Vxxxxx FOR TRANSLATION. WHEN SHE CONFIRMED IT I POSTED IT IN MY ROOM AND SENT IT TO RECAPS.
....


Millionday News 1/31/15   Part 2

Welcome to dinarupdates.com for news time with Millionday!

Millionday: NOTE -- THEY WERE PRAISED BY THE WORLD BANK ON THE ECONOMIC REFORMS READY FOR IRAQ AT DAVOS

Millionday: and on the government's processors to meet the deficit, newborn for the government to take measures to detect the Moi point deficit including real-time, including the strategy, 

noting that of 25 trillion dinars deficit could be described as "not a big� under the new speculative price you put the barrel of oil, expected to decline with the return of high oil prices, the middle of this year.

Millionday: NOTE -- NOTICE THAT IT SAYS THE DEFICIT IN REAL TIME -- AND THEY EXPECT THE PRICES OF OIL TO RISE IN THE MIDDLE OF THIS YEAR
~~~


Millionday News 1/31/15   Part 1

Welcome to dinarupdates.com for news time with Millionday!

Millionday: GOOD TO SEE EVERYONE FOR SUCH A NEWS PACKED NIGHT

Millionday: I THINK IT IS IN YOUR BEST INTEREST TO NOT MISS ANY NEWS

Millionday: OK HERE WE GO

Millionday: FIRST OF ALL WE WOULD LIKE SOME KIND OF DATE

Millionday: Chairman of the advisers in the Cabinet Thamer Ghadhban that "revealed on 12 February will be launched under the auspices of the Prime Minister Haider al-Abadi" economic strategy. "

And between Ghadhban told (brother) that "there are a lot of services will be given to the private sector within the government program," pointing to the existence of a serious approach to tip the electricity sector and the private sector invested by investment companies. "

Millionday: NOTE -- THE PRIME MINISTER`S ADVISERS ANNOUNCED TODAY THAT FEB 12 WILL BE WHEN THE ECONOMIC STRATEGIES OF THE GOV PROGRAM WILL BE LAUNCHED
~~~


TNT:

jimbake : Once it is LAW, it HAS TO be published...just like our system where a law is not official until published in the federal register...only question is what are the legal requirements for publishing in Iraq... It may be that in the case of Iraq's adoption/signing into law the official budget that implementation and publishing go hand in hand and takes effect immediately...jmo :)

igotit]
Even after Iraq announces the RI/RV, we may need to wait several days for it to reach us in the USA! Hopefully by Tuesday or Wednesday?

[fox]
i have been told that Iraq constitution states that the rate has to show within 15 days of being known

earjockey : If they do not make an official annoucement of an RI it will naturally reveal itself with no fanfare with the opening of the banks. IMO
.... 


Controlling Inflation An Uphill Task: economist

OCTOBER 28, 2012 BY THANHNIENNEWS

Vietnam's inflation rate accelerated to the highest level in 22 months, rising to 11.75 percent last month, compared with 11.09 percent the previous month, according to the General Statistics Office.

Fuel prices shown on a display at a gas station in Ho Chi Minh City. Vietnam is trying to keep retail petroleum prices stable until at least the end of March.

Considering that prices of strategic commodities are likely to rise, it will be difficult for Vietnam to reach its target of keeping inflation below 7 percent in 2011, Le Dang Doanh, an independent economist and former government adviser, told Thanh Nien Weekly in an interview.
~~~


Vietnam On Path To Recovery

JANUARY 28, 2015 BY VIETNAMNET 

VietNamNet Bridge - Nation should stop sacrificing its growth rate for stabilising the economy, Tran Hoang Ngan with the National Advisory Council on Monetary and Financial Policies, tells Viet Nam Economic Times.

2014 was the first time in three years Viet Nam achieved its GDP goal. What are your comments on this success?

In my opinion, it is notable. It shows that our economy is on the road to recovery. In 2012, our growth rate was 5.25 per cent. In 2013 it was 5.42 per cent, and in 2014 it was 5.9 per cent, compared with the set target of 5.8 per cent. 
~~~


 

MY LADIES FOR RECAPS; 

THE BUDGET HAS BEEN SIGNED,

HERE IS THE OFFICIAL TEXT ENACTED INTO LAW AS PER THE PRESIDENT OF THE REPUBLIC.

http://ar.parliament.iq/CP/Websites/Laws/Documents/moazanh-2015.pdf

The below posts were in our 6pm newsletter
DELTA:  WALKINGSTICK....THANK YOU BROTHER FOR THE ARTICLES..

FAMILY I WOULD LIKE TO REMIND YOU OF THE ARTICLE THAT CAME OUT ON 12/10/14.


The Rafidain Bank in Dhi confirmed that the introduction of ATM depends on the zeros out currency

Wed, 10 Dec 2014 time: 19: 50  News Network Al-Ahmed Hassan:

The Director of Rafidain Bank in Dhi Hussein Al-Abbadi said in an interview televised moved local enter Nasiriyah TV ATM markets and banks is subject to the application of the decision to delete the zeros of the Iraqi currency, pointing out that the Iraqi currency suffer from inflation in the current time.   LINK 
DELTA: IT LOOKS LIKE THEY GOT THE GREEN LIGHT FROM CBI.. DELTA 
(See Articles Below)

.... 



BLC Staff Chat 01/23/2015

 [tlm724] there is so much going on at this time that we will just keep posting update and comments

[tlm724] let me show you a very important part of the 2015 Budget

[tlm724] Article -33- A - the imposition of sales tax on Kartat mobilization of mobile phone networks and the Internet (20%) of the card value (15%) on the purchase of cars of all kinds and tickets and 300% on cigarettes and alcoholic beverages and the Ministry of Finance to issue the necessary instructions for the application of the provisions of this paragraph in the pan Iraq. 
~~~


3 Reasons A Million Bucks Is Not A Lot Of Money


3 Reasons Why $1 Million Is Just Not a Lot of Money

The infamous $1 million. It's been the top prize on hit game shows like Deal or No Deal and Who Wants to Be a Millionaire? - it's also a financial goal many people strive to meet. "I want to be a millionaire someday," people may say when talking about their career and financial goals.

But how much money is $1 million? Is it enough to live happily ever after without ever having any financial troubles? Probably not. 

Even if the $1 million you received was somehow magically tax-free, it's still probably not as much money as you think it is, and the large sum of money certainly isn't what it used to be.
~~~



 

READER THOUGHTS ON "ONE HUNDRED PERCENT OF NOTHING"

Mika Keskitalo
 JANUARY 28, 2015 AT 1:08 AM  Hi JC. On 2/1 you posted

"I'm working on a series of e-publications titled The Economic Transition Papers, which will be segmented into the three stages and will offer more detailed information on the processes and structure of the multilateral architecture. Each will be around 50 pages in length and my goal is to produce one a month. The first installment is titled "Reengineering the Dollar", and should be available sometime next week."

Are you still working on these? Did any of the recent event (SNB) change your thinking?

JC Collins  JANUARY 28, 2015 AT 1:18 AM  Mika, I'm still working on the first installment, about 50% complete. I've been extremely busy with work and traveling every week. It's coming though. Thanks for holding me accountable.
~~~


 

Morning News Comments 01/31/2015

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.
~~~


 

 

KTFA;

Rafidain Bank announces the issuance of card "MasterCard" to its customers inside and outside Iraq  LINK

Robdel:  Walkingstick or Backdoc ....Isn't this the mother of all news? Isn't this INTERNATIONAL STATUS!

Frank26:
  This is an INTERNATIONAL move by an IRAQI BANK with an international INSTURMENT caused by GOICBI LAWS that were just recently established and publicized to desperate WORLD ECONOMIES at recent meetings.

NOTE: There is no PROFIT for MC to do TRANSACTIONS at 1166.

This is not illogical ....... This is posturing.  This is simply .............. Good.

Why?  Because they are TELLING YOU SO !  KTFA   Frank

....


 

 

aggiedad77 � January 31st, 2015, 11:35 am 

Saturday News Summaries and Commentaries

It may be Saturday but there are choice nuggets here to be pondered and considered.....the BEST is yet to come...wait for it.

We certainly have a great deal of news to look over this morning already, thanks to some efforts through last night....a plethora of budget articles....oh and I told you the oil and gas little thing was being considered....watch for more on it next week....wink....it's coming.....yes their roll continues...the snowball grows.

The text of the general budget of the 2015 Act

Here you have the unabridged complete text of the 2015 Budget Act....it still needs President Masum's signature and then will be put into the Gazette.....and no I have not seen a new Gazette published just yet. 
....



 

 

MY LADIES:

OK FRIENDS ARE YOU READING ALL THIS NEWS RIGHT NOW??

 LOOK NOVA AND I SAID 2 MONTHS AGO YOU WILL NOT SEE ANY NEW LAWS OR ANYTHING MONETARY RELATED BEING PASSED UNTIL AFTER THE BUDGET.

WELL WHAT ARE WE SEEING HERE?? NOW THE BUDGET WILL GO FOR SIGNATURE TOMORROW I JUST READ AND THEN THEY WILL BEGIN IMPLEMENTING THE THINGS INSIDE.

ONCE AGAIN IRAQ IS A MAD RUSH TO THE FINISH LINE.

 LOOK WE ARE SEEING OIL AND GAS ABOUT TO BE ENACTED, BANKING LAWS ABOUT TO BE ENACTED, AMNESTY LAW, NATIONAL RECONCILIATION LAW.
....




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We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.  Our Blog posts are e-mailed in this Recap Newsletter.  

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