IslanderInDC

This may be the meeting that lifts Chapter VII sanctions in Iraq... 10:00am Security Council 1) The situation concerning Iraq 2) The situation in the Central African Republic 3) Reports of the Secretary-General on the Sudan [English][Original Language] il: http://www.un.org/webcast/#

Per TerryK chat this morning... Announced the official spokesman for the Iraqi government said the Cabinet decided to approve the bill Training Center, the monetary and banking system and to allocate it to the House of Representatives based on the provisions of Articles (61 / I and item 80 / item II) of the Constitution, taking into account the recommendation of the Legal Committee . . The spokesman pointed out that approval of the draft law on the status of training of monetary and banking is in line with the directives came from the Iraqi Central Bank Law No. (56) for the year 2004 for the training and qualification of employees in the Central Bank and the banking system and the development of competencies in order to keep pace with scientific development of the banking business and the dissemination of Banking Theoretical and Applied . اره . The spokesman also explained that the CBI had requested the training of personnel and the revision in the law of the Center for Banking Studies No. (36) for the year 1999, according to a Cabinet decision taken at its meeting held on 13.7.2008, where the Council determines, based on the presented by the World Approval of the Central reconsider the law of the Center for Banking Studies No. (36) for the year 1999, and amended to ensure that its monetary policy functions in addition to the functions of banking studies have been checking the draft law on the status of training of the monetary and banking before the State Consultative Council and the Board recommended maintaining the status of Banking Studies No. (36) for the year 1999 and to be modified to ensure the required tasks, the Center has supported the legal department of the Secretariat of the Council of Ministers of proceeding with legislation bill Training Center, the monetary and banking system to replace the Law on the Status of Banking Studies No. (36) for the year 1999 does not support the legal department the recommendation of the State Consultative Council to have the proposed law is an amendment to Law No. (36) for the year 1999, but issued a law which includes the abolition of the law referred to, the development department at the Central Bank shall exercise the functions and duties stipulated in accordance with rules of procedure shall be the Governor of the Central Bank issued . . The spokesman added that the management is done by a staff member from the central bank holds the title director of a university degree, at least in initial science monetary and banking and friendly service of not less than ( years in this area . As the Center implements annual programs for the various stages and levels of training approved by the Board of Directors of the Central Bank of Iraq as well as the Center of courses and workshops for its staff and the banking system and the relevant government departments and give certificates to participants in the sessions and other activities of the Center are selected lecturers and remuneration of the instructions prepared by the Board of Directors of Central Bank of Iraq and issued by the Governor of the Bank and the Center to report quarterly on its activities to the Governing Council of the Iraqi Central Bank and the Center to establish relations and exchange experiences with similar banking training centers in other countries. . The spokesman confirmed that the draft law was lifted Center for Banking Law No. (36) for the year 1999 was the Iraqi Central Bank has expressed its desire to cancel the Law of the Center for Banking Studies referred to as the bank suffered from a bug that demonstrated the practical application of the law which is the closest to the problems to be solved through Note that the new legislation repealed law has been initiated based primarily on the willingness of the bank at that time founded the Center for Banking Center but that does not have what is required under that law, prompting Supervisory Entities object to it, including the Office of Financial Supervision and the Ministry of Finance and Internal Audit Department of the World The Bank has the power to determine the administrative level of the hand, which will cost the task of preparing training courses for staff of the Bank and the banking system in Iraq, including fits with the need and future requirements.

Yes, before I posted, I realized that they are both roughly the same amount at the current exchange rate. Easy math. Which brings me to my 2 previous points: 1) there is no reason to state both amounts in different currencies, 2) if we applied the rv the budget remains the same. With all the changes occuring to their economy, all the oil contracts, and possible release of chapter 7, the budget deficit would have to be considerably lower. I used to be a high ranking budget officer for an agency of the federal gov. The budget for these 2 consecutive years don't add up. I don't need to look at the breakdown to make this statement. Either you include in the budget the tremendous new influx of cash and reduce the deficit considerably or, if not, then provide for inflation, new loan payments, infracstructure, and others and increase the deficit. One thing is for sure, the budget from one fiscal year to another DOES NOT remain the same. Compare the US President's budget requests for any agency/consecutive years and you will see that the significant fluctuation between consecutive fiscal years.

"Asked about the deficit in the 2009 budget, Al-Zubaydi says it was around 17 trillion Iraqi Dinars as far as h e remembers, and the deficit in the 2010 budget is 15 billion dollars." that is the quote that called my attention. Notice the 2009 deficit amount stated in dinars, is rv included in that total? Then for 2010, reverts to dollars. That could be due to rv and a much lower amount if stated in dinars. Jmho...

"Independent MP in the House and Wael Abdul Latif said the House had approved all the amendments to the Investment Law and submitted to the Presidency Council for approval. He explained in a special communique of Radio Tigris, saying: -- We have to set of laws to protect the unemployed workers in these institutions and the government has to leave the public sector and give it to the private sector for the purpose of investment, but if the case is now on what we will pay the balance of the money was supposed to hit in the country. *Do you feel the level of exchange for the Iraqi dinar with the foreign currencies in the level of ambition, or that there was a sign that Astqguaih again? - After the fall of the dollar was equal to three thousand dinars and then settled on the 1500 and now has stabilized between 1170 - 1180, and this signals that the price of a good and proper and was required to guide us is the central bank in brackets because it is not independent of the ministry, the need to raise the Talibnah zeroes, to be Iraqi dinar equivalent of 1.01 dollars, or the limits of an attempt to restore the real value of the dinar as a country to the Iraqi oil. *هIs it possible to note that soon? - Yes, very possible, the Board of Directors of the Central Bank made the decision in this regard, but the implementation process needs time. We allocate the staff to eliminate some of them executed and the other jailed*وDo you find Rtkm Loza immune from corruption? - I regret to say we inherited a corrupt financially and administratively from the previous regime under the false and absurd policies by the regime, wars, siege, and was born the so-called rampant corruption in state institutions, what we expect of one of his monthly salary of three dollars, of course, be forced to take refuge in a box of financial and administrative corruption , and now, praise God and the good salaries are now already in the activation of its oversight role and the prosecution of the corrupt and anti-corruption, and if we talked about the Ministry of Finance, we have held important meetings with the Legal Department and the Inspector General and found there a law allowing the Minister to sack the corrupt official concerned, the Ministry first started this is our ministry and we separate the seven staff members to different degrees and therefore Ahramnahm even their pensions because these Mvsdon and greatly influenced the work of the ministry, as well as withdrawn by the many staff members in the retirement and Iraqi banks, we have a major campaign to combat corruption in the customs and tax services and real estate began in Baghdad, including all the provinces and set up for multiple committees and specialized trucks that are checked into the country, and the process we have been able, bright dawn of the reservation where 67 suicide truck at a newborn and Trebil and started tested and found it has a lot of cases of corruption, impunity of those would apply to staff who work in this format and shameful Ahalnahm to eliminate some executed, others were jailed, as well as in the province of Basra, the transfer of more than 12 staff from the checkpoint as well as Safwan and the port of Basra and an account will be held high, 17 staff were transferred and held accountable in the province of Kut, was director of the transfer tax to the department in Kirkuk, the transfers have been many and we are preparing the first and the Ministry has sent a civil servant and agent Department managers and three years in prison for a period of three years and a judicial decision, we have the great efforts and we support all the actors in this regard, because of corruption, at least on the matter of terrorism. اParliament is long overdue * Q: Does this mean that you have with the Parliament in the exercise of its oversight role, particularly in the questioning of Ministers? - I believe that the House is long overdue in the subject of the exercise of its oversight role of the many reasons is the oversight role should continue, but the requirement is clear that the political background and it must be scientifically accurate interrogation based on clear grounds, to be away from the media and by the media to know the truth . 86،5 % of the budget depends on oil * Term of irony when the appointments of the government departments and the lack of allocations from the Ministry of Finance? - Are Auadm and a lack of financial allocations related to the financial crisis has also linked to the amount of petroleum exporting, because Moisnatena by 86.5% dependent on oil, if I dropped the price of oil will decrease, therefore the budget, therefore we decided the Council of Ministers and the House of Representatives to stop the appointments and not the Ministry of Finance, but the error common is that the Ministry of Finance is to prevent that, is the legislative authority which has ordered us thus Maalina Alltniv and are in the forefront and it was to plague us, we say that there Ankhvi disguised unemployment, the fact that there is disguised unemployment, and some staff to Egged chair to sit, Aotaulp to write, and there factories suspended from work, and the work of the staff to bring in DD at the end of each month of salary for the purpose of arrest only solution to this dilemma is to go to the private sector, privatization of state enterprises and orientation to support the private sector, andactivating the investment, these are combined we solve the problem, recruitment rather than solving the problem, the study ends when a student doctor or engineer, Vtabib go to a private hospital Auaam and engineer goes to the companies investing in the country and I think if Mapdot spinning wheel of the investment was to create an environment for investment will need to imported labor. http://www.radiodijla.com/cgi-bin/news/news_item.pl?id=2009-11-01%2012:15:14