Thread: Iraqi/Dinar News before 3-12-2007 7:45PM CentralTimeZone

Originally Posted by donald1439

I think they call it a SHAKE-OUT.

Yes, Yes you are correct they do call it a SHAKE-DOWN....OOPS I MEAN SHAKE-OUT....

Originally Posted by DocDave

Looks like the official signing of the International Compact will be Sat. March 16. Things are starting to fall into place fast. Praise God!



Economic progress. On the economic side, on March 16th in New York there will be a formal closure of the text of the International Compact for Iraq. This is quite an extraordinary, very detailed document worked out over the course of much of the last year between the Iraqi Government, the United Nations represented by the World Bank. It is a very detailed lay down of commitments on structures for Iraq's economy, for commercial openness, for investment-friendly regulation. Much of that agenda has already been implemented or is in the process of being addressed and implemented. The compact also contains commitments on the security and national reconciliation front which are very important.


We see this as a very positive step. It's a step which needs not only Iraqi actions in terms of continued implementation, but also reciprocal treatment from the international community, from Iraq's neighbors, who, as Iraq reaches out to them with these commitments on an open economy, on progress on political reconciliation and security, in turn receives support from its neighbors, from the broader international community.


Iraq does need to become economically self-sufficient. The Administration has taken the extraordinary step of requesting from the Congress in the '07 supplemental and in the regular and global war on terror '08 budget request economic assistance for Iraq. Now, Iraq has some $12.5 billion of assets within its current accounts. Those are assets which exist largely as the result of an inability to spend a capital infrastructure budget in 2006. Iraq needs to be able to move its own resources to its own critical needs, both essential services -- the now part of its economic needs -- and a meaningful capital infrastructure investment budget for tomorrow's needs.


But because of the focus on clear, secure, and then the third phase, build, it's essential that economic resources that can stabilize a situation, particularly in conflicted areas after they have been cleared of elements engaged in violence, secured adequately from return of those elements, that there is a build component as well that provides an economic and social stake for the inhabitants of those areas who want a normal, peaceful life to be able to live that life, to be able to mobilize themselves against those who would come in and disrupt.


We need -- we believe we have an obligation -- to help make sure that build component is present when it is needed. We are focused on building Iraqi budget execution capability. That's a critical priority for our efforts in Baghdad and through the PRTs elsewhere. Iraq needs to move into the lead on meeting these needs on building itself, but we are prepared to help. We are prepared to address capacity issues through the assistance we have requested from the Congress over the course of the coming year.

Read more: On-the-Record Briefing by Senior Advisor to the Secretary and Coordinator For Iraq David M. Satterfield on Iraq

Can't believe noone has commented on this! It's huge! We knew it was this month but not when. Excellent news.

I like this line in bold below.....part of being self sufficient would mean more imports at a better price, international dealings on a huge basis and an exchange rate worthy of a country that potentially will be in the top 3 richest countries within 3 years. Do I hear a cha ching????


Iraq does need to become economically self-sufficient.

Originally Posted by benzboy

Paulie do you honestly believe that if that were to happen, that Iraq would stop pumping oil.? Dont you think that with all these laws albeit they are taking forever and beyond to enact, wont bring some stability to this region as there economic problems start to stabilze so will hopefully some or most of the bloodshed. Iam not saying I think the Dems are right, but I do not think it will be as bleak as you think. Although I could be very very wrong!LOL Hows that for hedging my words.
benzboy

I agree. The Dinar could still improve even if we pull out. The Dinar's future and the future of our country are not directly linked. Unfortunately, I think the best for both would be for us to stay, as I think that a hasty pull out would most likely be worse for us than it may be for Iraq. It seems that Iraq may be about to turn the corner and if it does it may do fine on its own. Personally I think many countries would be willing to make the "sacrifice" to step in and fill the void that we would leave if we left and rake in the economic windfall after we have carried the majority of the burden to the finish line.

However, for us a pullout would be looked at by our enemies as a potential chance to come back. Sadly, our country has done this so many times after World War II that it seems we are run by people with no stones to follow through. If you read enough history you will see that in Vietnam the Comms were on the ropes and were able to pull it out just because we decided to pack it in. We have done similar things in other arenas which have cost our people and others dearly. Personally I am sick and tired of all of these people that can't cut the mustard when our asses are on the line. Its all about political power anymore and never about the good of this country. Just a damn shame. These people could never even carry George Washington's water, and I am ashamed that they denigrate the legacy which our forefathers fought and risked everything for.

Lets finish the job people or at least make our leaders finish the fricken job.

Sheeeeeeeeeeeeeeeeeeeeeeeeze.







We need to make all of the U.S. citizens that are old enough to vote pass a test like that new show "Are you smarter than a 5th grader?" If they don't make it past the top level, take away their right to vote. If you don't know more than a 5th grader then you obviously don't know enough to make decisions on world events. No wonder *****s like Nancy Pelosi and John Murtha get elected!!! Redeploy the troops my ass, say what you really mean------->run home crying like a bunch of babies. Our troops and this country deserve better. Finish the job.

Oops ok now

Originally Posted by Adster

Can't believe noone has commented on this! It's huge! We knew it was this month but not when. Excellent news.

I like this line in bold below.....part of being self sufficient would mean more imports at a better price, international dealings on a huge basis and an exchange rate worthy of a country that potentially will be in the top 3 richest countries within 3 years. Do I hear a cha ching????


Iraq does need to become economically self-sufficient.

Hmmmmmmmmmmmmmm.

Parliament supposed to re-convene on the 12th or 13th. Will need about 5 days (max) to pass the HCL.

Big meeting this weekend on the 10th.

ICI to be signed on the 16th.

Looks like this could be a VERY BIG WEEK.

Originally Posted by Lunar

Deputy prime minister says Iraq needs new management system to handle its budget
International Herald Tribune
[07/03/2007]

Iraq's government needs a new management system to enable it to manage the country's unprecedented $41 billion budget, Iraq's deputy prime minister said Wednesday.

"It is unprecedented in the history of Iraq — we have $41 billion budget in which $10.5 billion is allocated for the investment budget," said Barham Saleh, one of two deputy prime ministers and head of the Cabinet's economic committee.

"But we have a problem because of the bureaucracy of the state and the government has been incapable on delivering on its commitments," Saleh told reporters after a conference sponsored by the Ministry of Finance to discuss the investment budget.

Saleh said the major problems in managing the budget were "the accumulated heritage" of Saddam Hussein's regime, a "bureaucratic mind" and corruption.

"We are trying to find new management systems to enable the government to work actively to implement its commitments," he added. "We want 2007 year to be the turning point for economically recovery of Iraq."

Ali Baban, the minister of planning, told the conference other major problems facing Iraq's economy were inflation, unemployment and poor services. He said the best way to confront those problems was to revive Iraqi industry.

"We do believe that reviving the sectors of agriculture, services and industry will develop the Iraqi economy," Baban said. "The government is still the biggest investor because we don't have an active private sector and huge foreign investments," despite the country's oil wealth.

"Corruption has become a dangerous element and is curbing the governmental work. This dangerous disease should not curb our efforts and we have to face it bravely and develop the capability of our supervision systems."

Finance Minister Bayan Jabr said the government hopes to use state funds to revive domestic industry and put about a half million people to work this coming year, offering "real services to the citizens."

http://www.iraqdirectory.com/DisplayNews.aspx?id=3366

This is very interesting!!"We want 2007 year to be the turning point for economically recovery of Iraq."

The question is What was the turning point in germanys economy? One Guess!!!! RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Originally Posted by PaulieThaGreat

If we leave in the Fall of 08 kiss the dinar investment goodbye. Complete chaos will break out if we leave. Economic crash.... Toilet paper is official if this happens...

The US is not really going to "leave" per se. They are building the biggest Embassy in the World in Baghdad - someone correct me if i'm wrong.

I can see a huge economic recovery and a complete 180 in terms of security. This would enable the troops to have a lower profile. But leaving - IMHO, not really.

Originally Posted by Cdn Scrooge

Hmmmmmmmmmmmmmm.

Parliament supposed to re-convene on the 12th or 13th. Will need about 5 days (max) to pass the HCL.

Big meeting this weekend on the 10th.

ICI to be signed on the 16th.

Looks like this could be a VERY BIG WEEK.

We have seen some positive developments on the political reconciliation track. As I think you all know, the Iraqi cabinet approved a hydrocarbon framework law which is along with some other accompanying legislation to be submitted to the Council of Representatives by March 15th. It's a very positive step, and it's a positive step not only because of the substance of what that framework law provides for in terms of development, exploitation of Iraq's petroleum resources, the way revenues from those resources will be handled throughout the country at a national and local level, but because it's a refutation in its very substance of the premise which is often advanced that the divides between Iraq's groups -- Shia, Sunni, Kurds -- are so steep, so irreparable, that they can never come together on anything of importance. Well, this was an example of where all of the groups did come together, did compromise on an issue of great importance indeed.

PEOPLE : Baghdad is the international recognition of Iraq's sovereignty

(Voice of Iraq) - 09-03-2007 This issue was sent to a friend

By Hadi Hadi
Baghdad - (Voices of Iraq)

The members of the Iraqi parliament that the convening of a conference of Iraq's neighbors in Baghdad tomorrow, Saturday, a recognition of the need for internationally to help Iraq out of its crisis and its security, and economic, political, and is a recognition of its sovereignty.

The deputy, Iyad al-Samarra'i (the Accord Front) neighboring countries transparency of the dialogue on the Iraqi crisis and the identification of the real problems experienced by Walt Iraqi citizen as a result of outside interference in its internal affairs.

He told the News Agency (Voices of Iraq) Independent "that the countries that interfere in the internal affairs of Iraq, whether near or far that learning that the failure of the Iraqi experiment will impact badly on the region and the world. " Students from participating countries to support the political process and government in order to impose law and security and the implementation of economic projects ...

It is scheduled to be held tomorrow, Saturday, a conference in Baghdad is the first of its kind for Iraq's neighboring countries with the participation of the five permanent in the Security Council, the Arab League and Organization of the Islamic Conference, held at the level of senior officials.

The Samurai, "that the dialogue transparent and realistic enough to diagnosing the causes of the crisis, externally," adding that the Iraqis at home to close their ranks in order the success of the imposition of the law that would ensure progress towards forward steadily.
For his part, MP Sami military counting (the United Iraqi Alliance) Conference quantum leap in the Iraqi diplomacy.

He said, "The international response to attend the conference and discuss the Iraq crisis recognition by the participating States and the national government and the role of the political process in Iraq region. "
In a related context, and described the deputy Safiya Suhail of the Iraqi List of the Baghdad International as a new start and the task of the Iraqi diplomatic especially and it is being held on the land of Iraq in the present circumstances.

She Suhail expressed "hope that the vision of Arab, regional and international support for a clear strategy and Bertamj Iraq politically and economically" calling the neighboring countries to understand the importance of the evolution of the political and security situation of Iraq and its institutions of democracy, and called for full recognition of the legitimacy of the Iraqi government and Iraq's sovereignty, which means non-interference in its internal affairs according to international charters sponsored by the United Nations.

She said, "The conference quantum leap other hand, the international community's perception of Iraq, rising from the conferences held around Iraq abroad, which represents Iraq became conferences convened by the government of Iraq and at home. "

She pointed out that that gives Iraq a good level for the imposition of relations based on mutual interest and not on the basis of imposing preconditions.

At the same, said Deputy Tania Talat (on the list of the Kurdistan Alliance) that the good start towards establishing international conferences in the the Iraqi capital, and an implicit recognition that the Iraqi situation approximating success after four years of isolation.

She explained that "Iraq will be strong in the Baghdad, and listen to representatives of the participating countries to his vision of a crisis." She pointed out that she and the paper national Iraqi require joint efforts from the neighboring countries and the influential countries in the region to work the control of the United Nations to support Iraq's stability and recognition of its sovereignty and non-interference in its internal affairs. "
H M

Originally Posted by Adster

Can't believe noone has commented on this! It's huge! We knew it was this month but not when. Excellent news.

I like this line in bold below.....part of being self sufficient would mean more imports at a better price, international dealings on a huge basis and an exchange rate worthy of a country that potentially will be in the top 3 richest countries within 3 years. Do I hear a cha ching????


Iraq does need to become economically self-sufficient.

Do you hear a Cha Ching? Absolutely you do! This is outstanding news! Facts are better than rumors any day and next week looks to be a week to remember. Thanks Adster!

Bag Maysan news

(Voice of Iraq) - 08-03-2007 This issue was sent to a friend

Network news Maysan Independent

Http://missannewsnetwork.friendsofdemocracy.net

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Minister of Construction : Maysan province will be the first province experiencing rapid implementation of the housing project
Baghdad-Maysan network news Independent

The statement said the Dizah Yi, Minister of Construction and Housing importance of creating the necessary land in the governorate of Missan to build residential complexes and the establishment of projects investment. Dizah Yi said that the Missan governorate enjoys broad territory and natural occasion to establish tourism projects, especially in the marsh area, and the ministry determined to establish such projects in the province, as the province secure and stable environment they need such projects to revive tourism its economy and the operation of labor and the reduction of unemployment, pointing out that the governorate of Maysan will be the first province to implement the housing project rapid launched by the Prime Minister and investment projects in the field of tourism and that the Ministry had to create all the designs necessary for Mjamat family in the marsh area and delivered to the Ministry of Water Resources, is now "ready for investment.

She has been Alhbetat agreement with the Organization for Human Settlements of the United Nations to expand its project, which is being implemented "in the province Dhi Qar, Diwaniyah, which aims to rebuild homes Almthrah to include Maysan Governorate grounds that the project achieved "significant" in the Dhi Qar and Diwaniyah.

Coverage 17600 citizen donated a social welfare in Missan

Architecture-independent news network Maysan

According to Director of the Department of Social Welfare in Maysan, the number covered by donated a network of social welfare in the province so far hit (17600) citizens of both sexes and various ages.

The director of the Welfare Khurasan Ismail in a press statement : "The network will continue to promote all transactions of citizens, to whom the controls of the network."

He added : "Many of the people of the governorate suffer from social problems by previous wars, where
Registered maintain large numbers of families who lost loved ones days of the previous regime. "

The Khurasan that the Social Welfare Department, "seeks to provide all facilities to this category," pointing out that " Opening reception centers for a number of welfare applicants in the headquarters of the municipal councils in the province, to be close to the citizen ... instead of the trouble involves access to the key, in addition to reducing the ongoing momentum. "

He continued, "was commissioned municipal councils in every region of the province to conduct transactions covered by a network of social welfare."
He Director of the Department of Social Welfare in Maysan noted that the Chamber "is working and ministerial directives to achieve balance and justice in exchange transactions , especially since the financial allocations per capita will amount (50) thousand dinars per month ... received every three months. "

Tourism Maysan suggests outlet hair border

Architecture-independent news network Maysan

The Division of Tourism Maysan to the Ministry of State for Tourism and the package of proposals for the development of hair outlet border

According to a statement of the Division that the proposals were based on the recommendations of the Minister of State for Tourism and the Dr. brigade come in the development of border outlets receiving visitors to visit the holy sites in Iraq.

He added : The proposals included building a home for the break with the Casino and the cafeteria and restaurant, and it is possible the building of a hotel suitable for the purpose of overnight visitors to Iraq and the provision of water tanks, fixed or mobile for drinking and other uses.

The statement said : he will be performing a generator to provide for the purpose of processing while delivering electricity to the national electricity poles, and the processing of performing also for the transfer of car workers and the transfer of food and oil derivatives.

The statement continued : There are proposals to introduce degrees of functional workers and security guards residents in the performing, as the executor of miles from the center city Eighty kilometers addition to the introduction of the degree of functional entitled interpreter to facilitate dealing with the arrivals.

It is noteworthy that the Ministry of State for Tourism and demanded the effects of tourism in the provinces that have border points to make proposals for the development of these outlets tourist lacks most of those outlets to the most basic requirements of comfort and accommodation and service arrivals and departures.

15 billion dinars cost of future projects to cultivate Maysan

Architecture-independent news network Maysan

Eng Mohan What Shabib Chairman of the reconstruction and development in the Maysan governorate that the cost of future projects amounted to the cultivation of Maysan (15) billion dinars.

He explained in a press statement : "The amounts distributed to projects (10) billion and a half billion dinars for the establishment of a laboratory integrated agricultural and set up three greenhouses and forest area one thousand dunums completed during the (five years) in addition to the implementation of the draft potato farming and bee-keeping project. "

He pointed that there are other projects under way include the establishment of a veterinarian in the area of Umm Speth in the district of Qal'at Salih four veterinary centers in different regions, plus the five hospitals in each of the areas of good hand good, and Al Albeterh River Project Saad and provide the necessary requirements and the size of its work.

The Shabib that developed in the plan as well as the establishment of projects for the establishment of other buildings for Veterinary Medicine in both the west and east , and were subsequently Almshrah Uzayr, peace and after that affected the old buildings, and also hoped the establishment of five dips fixed in different regions of The preservation of all those projects four billion and a half billion dinars.

The completion of the completion of designs for the construction of a bridge (Aldvas) in Missan

Architecture-independent news network Maysan

Mohamed El-Jasb director of roads and bridges Maysan end of the design and preparation of the establishment of a bridge (Aldvas) located in the northern governorate with a length of 400 meters, with the approaches, which is derived through a length of about fifteen kilometers, linking the provinces of resection Basra and Maysan

He added : The construction of this bridge will rid the city of Amarah all of the loads and heavy vehicle traffic and momentum when automobile traffic coming from Baghdad the direction of the city of Basra and vice versa.

Oodh and that the cost of speculative build the bridge between the twentieth and twenty-five billion Iraqi dinars.

The establishment of the University Maysan cost eight billion dinars.

Architecture-independent news network Maysan
The Governor of Maysan, Adel Radhi Mhoder start work on the construction of buildings League Maysan endorsed by the Cabinet recently Iraqi the cost of eight billion dinars.

He said in a press statement : "The University is a cultural monument and scientifically lacking and maintain great efforts made by officials to maintain access to the decision to establish the university. "

He added : "The construction work has been sent to Iraqi companies and has specialized field experiences and operational precedent in the construction of sections in engineering the University of Basra. "

He pointed out that "the presidency of the university buildings and the nucleus of the College of Engineering will be maintained at the entrance of the northern and colleges, which will open in the the university will be within its powers of the University Council. "

He explained that "the University of cadres from teaching degree specializing in medicine, engineering and legal branches of the village as well the terms of humanitarian and scientific organizations. "

He stressed that "the amounts allocated for the establishment of the presidency of the university buildings had been allocated to the province from the budget last year, amounting to eight billion dinars and it is hoped that the establishment of a hospital near the University building to be educational for students of medicine, which we hope in the branches. "

He said that the "university city designs developed by experts in the Ministry of Higher Education and accessories will include studies of the process and the role of the housing professors internal divisions and accommodation for the students. "
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