Luigi1 Posted October 27, 2015 Report Share Posted October 27, 2015 Luigi says... What is the importance of the Investment Law To The RV/RI? Here are the views of several Gurus. All good news. Your opine. 10-27-2015 Newshound Guru Kaperoni Article quote: "House hold, Tuesday, led by its 32 Saleem al-Jubouri and the presence of 230 deputies. And held parliament its 32 legislative year Althanihalvsal first legislative agenda of includes a vote on the draft second amendment bill to the Investment Law No. 13 of 2006 (Committee on Economy and Investment, the Finance Committee)." Looks like it passed. Will get confirmation...from parliament as soon as posted. But great news! 10-26-2015 Newshound Guru Shredd Press Release: "IMF: Iraq Will Return To The Market In 2016" Interesting that the IMF is making such a strong statement but it makes sense too...they are propping up iraq's economy with the loan and they also see the urgency of iraq coming to be a "market economy". do you know what that means by definition? a market-driven, free floating currency. ...this is a huge piece of proof that a "lop" would never happen...a huge proof that iraq's economic plan is not a fail...a huge proof that the imf expects to be paid back and with a currency that is floating and interest rates that can react to the market too, they will be able to ride the economic waves while instilling faith and confidence in their currency...makes sense with the investment law work too...the banking laws are a part of this too. ...things are continuing to shape up...banking law gives accounts holding dinar protection and also a window of time for locking in exchange rates...investment law giving protections to investors for managing risk while seeing a good roi and a market economy that accurately reflects the true value of their currency based on supply and also demand but at the same time the goods and services...transparent to the global investment world. this IMF loan proves to us that seeing a growth in the dinar value is a "WHEN" and not an "IF"... good news indeed! 10-26-2015 Newshound Guru Stryker Tomorrow looks to be a big day in Parliament my friends. With the second point of tomorrow's agenda being the vote on the second amendment draft to the Law of Investment No. 13 of the years 2006, Tuesday should start out very interesting. If that's not enough, the 2016 Budget could be delivered to Parliament as early as today and if so, the first reading could be tomorrow as well. This, according to several news sources. 4 Link to comment Share on other sites More sharing options...
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