"Exciting Times" - Tues. PM KTFA Thoughts/News/Frank26 Video Update

KTFA

Aggiedad77 » April 18th, 2017

This plays straight into the hands of the Monetary and Economic Reforms.....they just keep rolling out the words and the efforts. Aloha Randy

Don961 » April 18th, 2017

Mahdi Keywords: government directed to support investors

4/19/2017 0:00 Baghdad / Al- Sabah

expressed the Secretary - General of the Council of Ministers Mahdi Keywords for the government 's intention to reform the vocabulary regulations and laws related to investment to maximize state resources, enabling investors to carry out investment projects in general and housing projects , in particular, to reduce the cost to the Iraqi citizen to enable him to own the property and contribute to solving the crisis of housing.

**This came during the meeting , which was held in Baghdad 's guesthouse in the presence of Prime Minister for Economic Affairs Kazem al - Hassani and the representatives of the relevant authorities adviser of the State Shura and the ministries of the Council (Agriculture, Construction and Housing, Finance), in addition to investment and the Baghdad Municipality Authority and the Economic Council of Iraq and a number of Iraqi businessmen The Arabs, on the review of your system to sell and rent properties state and the public sector for investment purposes and leasing them.

The meeting discussed «ways to improve the investment environment in various facets through the organization basis of determining the allowances for sale and estimate the value of rental properties and state land to investors or to determine the state 's revenues from established by the consulting projects, taking into consideration the foundation design of the cities and taboos».

Keywords stressed « the importance of activation of the investment business movement (economic, commercial, industrial, housing) to eliminate unemployment and restore life to domestic production». The meeting led to the need for the collection of proposals for evaluation work and come up with recommendations submitted to the cabinet for a vote.

http://www.alsabaah.iq/ArticleShow.aspx?ID=135796

Aggiedad77 » April 18th, 2017

Family we are truly being blessed......exciting times before us indeed.....one action begets another action. Aloha Randy

Frank26 » April 18th, 2017

I agree it is the progress of the process that is so impressive right now

Frank26 Tuesday Video #1: https://youtu.be/cw2qC2zQHCU

Video #2: https://youtu.be/5W86A1fzSOQ

Video #3: https://youtu.be/QMnyhDLLnt4

Video #4: https://youtu.be/0Q6-YPPWQU8









VSDK » April 18th, 2017

Question for anyone who has the answer...

I tought the GOI/CBI/IMF/WB meetting was this coming weekend but in the video, frank said "they're meeting right now as I speak", so if they were meeting then, when are the meetings over?

Rabbit » April 18th, 2017

Hi Frank, Thanks for the videos. IMO, the reason you took the week off of CC (besides being exhausted!) is because this thing is DONE. Besides a rate or date (which you said you'd never give us) there's really nothing left to discuss.

The news coming out now is just confirmation of the inevitable. I'm assuming it's nice for you to sit back and watch the reactions of the Family as we get closer and closer.

I'm also assuming that just like the meetings this weekend in Iraq, that the CC meetings next week will be to discuss post RV. Thanks for always letting us speak our minds and for the extensive knowledge you've shared with us even beyond the dinar!

Rabbit » April 18th, 2017

Funny how they don't mention Iraq here. Maybe because it's already done! IMO

Don961 » April 18th, 2017

Tuesday, April 18, 2017

CBI to Allow Moneychangers Use Int’l Cards

The Central Bank of Iran is planning to allow authorized exchange shops to use international cards in daily operations [instead of cash], the CBI governor said.

“Such operations will be conducted under the central bank’s close supervision,” ILNA also quoted Valiollah Seif as saying on Monday, without elaborating further.

"The central bank is working to develop the infrastructure needed for connecting Iran’s payment network to international networks."

The top banking policymaker noted that Iran’s banking network is more likely to be connected to Chinese, Japanese and Russian payment systems.

Following the lifting of sanctions in January 2016, CBI started talks with Japan's JCB and China’s UnionPay.

Payment authorities are aiming to link Iran’s payment ecosystem to the international card schemes, including JCB and UnionPay in the short term and Visa and MasterCard over the long term.

American card providers, including MasterCard and Visa, are still restricted from working with Iranian entities.

Seif also said talks are underway with neighboring countries over linking bank card systems.

“We hope to reach agreements with Turkey and Azerbaijan in the near future,” he said.
Shaparak, Iran’s payment network processed more than a billion transactions valued at 1,258 trillion rials ($33.5 billion) in 2016. It recorded a 30% growth in the total number of transactions and a 44% rise in transactions' value during the period.

https://goo.gl/U8GrtN