ocrush is speaking with authority. could he be right ?
OCrush offers more hope, or hopium
JUST RECEIVED THIS FROM OCRUSH - JAN 1 2013 10:30AM PST
My dearest Diane,
We are almost there! The 2012 accounts have been closed. The banks are positioning themselves for the new budget. The ratification of the 2013 budget is on its way with the finance ministry. This is great because they will allocate the 2013 budget to the provinces with transparency. The cbi gave orders to the private banking sector to sell hard currency at the current rate for one week even though the 2012 budget has been closed. They needed to still have the auctions because its not a good idea to stop them) The new policies will start after January 8 (give or take). You see the house needs to approve these changes and all they are doing now is positioning themselves to get it started with no hiccups! This is a new era and it has started. There will be new procedures and policies taking place....we are witnessing history in the making. There is no doubt the new budget has the new rate and they are preparing to wow us!!
Looking for article, especially in the Gazette!
Another e-mail from ocrush:
Let me add a little more! I asked my cousin to look for the missing puzzle in this adventure. The power sharing agreement for the people. I asked him to look outside the box. In other words they might have passed or will pass the law attached to something else. Well he found it. It is the antiquities law. The CoR (parliament or council of rep.) Brought it forth on wednesday and past it on thursday. Have the pders search for it. You see the antiquities law falls under article 109 of the constitution. This article also includes (power sharing) to distribute the oil and gas wealth fairly to the people through the governates of the regions. Now this has to be monitered right. Well there was a 3 day meeting in beirut spear headed by the UN! This is what happened. They formed the Federal council. The Federal council will be a buffer between the regions, governates and the CoR, GOI! This way the iraqi people will have a voice You see the UN has partnered with the CoR so the people could have a voice through the Federal Council! This was the last piece I was looking for in this time frame before the vote on the release of chapter vii by the UNSC. We might see a short delay to get there ducks in order)))) but have no doubt it will get done and this last piece of info tells me....GET READY!!!!!!!!!!
This is moving fast! The provinces will be allocated there share from the budget, which the Ministry of Finance is ratifying under the supervision of the committee. The erbil agreement will be exposed with an agreement (mou) and the settlement with the Kirkut will be finalized. This is very important because the province holds 13% of iraq's oil reserves and it needed to be divided fairly between Kurdistan and the GOI. This was a huge problem for the 2 this is why the erbil agreement was not implemented. They needed to find a solution and they have. We should see something in a day or so (hopefully).
Also, back in April there was a new islamic bank that was to be formed under the control of the Finance Ministry. The bill passed and just a few days ago, Dec 19th I believe, it is operational. This bank will be able to open branches outside of iraq and will have a very important role in the economic growth in/out of Iraq. The bank is called the islamic bank of mesopotamia. Have our pders search for this, it will definetly excite them.
Islamic Bank of Mesopotamia http://iraqidinarchat.net/?p=14379
Praised banking expert Mohsen Ali, the idea of setting up a bank Mesopotamia Islamic by the federal government that will strengthen the work of the banking sector in the country.
Establishment of Mesopotamia Islamic Bank by the government will strengthen the banking
Banker: the establishment of Mesopotamia Islamic Bank by the government will strengthen the banking sector activity
Date: 30/12/2012 11:31:53 Sunday
Baghdad (news) .. Praised banking expert Mohsen Ali, the idea of setting up a bank Mesopotamia Islamic by the federal government that will strengthen the work of the banking sector in the country.
said Ali (of the Agency news): The establishment of Bank of independent capital High operates according to Islamic law continued to the federal government will support the banking business in the country , because the government will be covered by supporting financially and promote incident. and pointed out: that there is a tendency great about dealing with Islamic banks by some citizens and owners of companies, stressing that the bank will create competition with commercial banks, which would kind of economic development in the country. was Presidency issued, law establishing the Bank of Mesopotamia Islamic number (95) for the year 2012 with a capital of 50 billion Iraqi dinars, adding that the task of the bank, the exercise aspects of banking activity in the inside and outside Iraq, and to carry out financing and investing in various projects and activities. mentions that the government Federal announced, in April of this year, for approval of the bill Bank Mesopotamia Islamic at the request of the Ministry of Finance, stating that the bank oversight body legitimacy consists of 4 members from experienced and competent in Islamic jurisprudence and its assets. mentions that the activities of Islamic banking in Iraq began in (1993) when establishing Islamic Bank of Iraq, even now numbering (10) banks, including the Bank of a new government called the Islamic Mesopotamia, and there is an external bank and another Gulf.
Iraq exported law establishing the "Islamic Bank Mesopotamia"
Admin on Mon Dec 17, 2012 5:22 am
Twilight News / issued the President of Iraq, Jalal Talabani, on Monday, law establishing the Bank of Mesopotamia Islamic number (95) for the year 2012 with a capital of 50 billion Iraqi dinars, indicating, that the task of the bank, the exercise aspects of banking activity in the inside and outside Iraq, and to carry out finance and investment in various projects and activities.
In Article first as in the statement issued by the Presidency of the Republic received "Twilight News", a copy of which "establishes a government bank called (Bank of Mesopotamia Islamic) be centered in Baghdad and linked to the Ministry of Finance, has the right to open branches and offices within the Republic of Iraq and outside the consent of the Iraqi Central Bank , "pointing out that" the Bank's corporate identity and a financially and administratively independent and represented by the Director-General or his nominee. "
The statement added that "the bank's capital (50,000,000,000) fifty billion Iraqi dinars paid from the public treasury of the state at one time in coordination with the Ministry of Finance," stressing that the bank "is designed to provide financial and banking services are consistent with the provisions of the Islamic Sharia and the development of the Iraqi economy."
The statement continued, that the bank is "practiced for its own account or for the expense of others inside or outside Iraq all aspects of banking activity known or developed and all the banking and investment business by various banking rules and norms accepted and not inconsistent with the provisions of Islamic Sharia."
The statement noted that among his "doing the work of the finance and investment in various projects and activities through the funding to proceed, speculation and Murabaha sale and other formulas and services that do not contravene the provisions of Islamic Sharia."
The statement said the reasons for the establishment of the bank, saying it was "for the purpose of expansion of economic activity, and increase the size of Islamic banking, and the desire of a large segment of citizens in access to banking services approval of Islamic law."
The statement added that from his works also "employ money that owners wish to invest with the rest of the resources available to the bank, and that under the system of speculation, and a bank in certain cases that the employment under a special agreement so."
The Iraqi government announced, in April of this year, for approval of the bill Bank Mesopotamia Islamic at the request of the Ministry of Finance, indicating that the Bank Board of the Sharia consists of 4 members from experienced and competent in Islamic jurisprudence and its assets.
It is said that in Iraq banks government representing the state two banks Rafidain and Rasheed, in addition to other banks, the most important, agricultural, cooperative and real estate, was established as the banks civil many since 2003, including the commercial bank and investment bank and the Islamic Bank and National Bank, as well as other banks updated.