.News, Rumors and Opinions Late Friday Night 4-28-17

4/28/2017


 
KTFA:

DELTA:  Office of Prevention stresses the need for activating the single window system in announcing public contracts

Apr 27 , 2017

An investigative team from the Office of Preventive at CoI has concluded to the need for activating the role of the Ministry of Planning to follow up the investment projects and give them sufficient powers to require the ministries and entities to overcome the observations indicated in the follow-up reports, so as to follow Law No. 19 of 2009 of the Ministry of Planning.

The team - that conducted field visits to some of the Ministry`s offices and departments to view the work features in some of its joints, diagnose the biggest obstacles and observations, and develop proposals that would improve their performance to a better level - called for activating the system of one window in the State ministries and the entities non-related to a ministry in announcing the public contracts (bids and contracting), opening tenders, and then moving on to the stage of analysis and awarding.
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The team included, in its report, a copy of which was sent to the Office of the Minister of Planning, that in the previous years the Ministry had listed many investment projects of all the State ministries, which number was more than what could be applied on the ground due to the financial abundance at the time, noting that this was a poor planning in distributing budgets and bad evaluation by the Ministry being a key member of the Budgeting Committee of the ministries and different bodies, in addition to receiving many decisions, exceptions or approvals to include some projects within the investment plan of the ministries without giving priority to the most important projects, adding that this led to stooping many projects, dilatoriness or decline in the rates of achievement for many reasons.

The report indicated that the Ministry of Finance had withdrawn the authority of releasing payments for investment projects from the Ministry of Planning since 2012, noting that this made the follow-up reports and observations - produced by the Ministry of Planning - not binding on the implementing ministries, while in the past it had the power of not release the payments of projects unless such entities meet the observations.

Moreover, Ministry of Finance had cancelled the (economic classification) item regarding the expenditures on investment projects as this item shows the exact details of the amounts spent on any part of a project. Currently, the allocation of expenditures for a project, as a result of that, is performed in the form of an activity without knowing the exact details of expenditures. End

http://nazaha.iq/en_body.asp?field=news_en&id=1652&page_namper=e3

DELTA:  MOVEMENT OF FREEDOM OF CAPITAL......ALSO AS UNDP ( United Nations Development Programme) SAID LAST WEEK E TENDER WILL BE ACTIVATED ON MAY 1ST.

PappaJack:    OH SNAP DELTA!!!!!  KIND OF FUNNY HOW THINGS WORK OUT--- TODAY THE CHAIRMAN OF THE US BUDGET COMMITTEE TOLD REPORTERS  THAT THE COMMITTEE HAD EXPECTED TO HAVE COMPLETED THEIR WORK BY TODAY BUT THEY HAD BEEN GIVEN 3 MORE DAYS TO EXAMINE THE BUDGET IN MORE DEPTH!!!!! LOL----- THIS AIN'T NO COINCIDENCE!!!! THANKS OH GREAT ONE OF TRIANGLE.

MilitiaMan: Calling to be moving on to the Gobal Stage is what this says, imo.. Can't put to much lipstick on the pig..  It is what it is, legal Tender (currency). You can't have movement of huge capital at a program rate on the Global Stage.

The UNDP told us they wanted the E - Dinar (TENDER) to go live just as they have said, and yes Delta as you and we all know May 1st is wide open per their words, imo.  Call it E- Tender, that is fine by me everyone.. lol It is MONEY~ For Services, debt obligations, trading..

This is beyond huge my friends.. This is going to bring data this weekend.. Oh Buddy! WS, Frank, Delta, and all teams.. Thank you! ~MM

"called for activating the system of one window in the State ministries and the entities non-related to a ministry in announcing the public contracts (bids and contracting), opening tenders, and then moving on to the stage of analysis and awarding."

"Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. The national currency is legal tender in practically every country. A creditor is obligated to accept legal tender toward repayment of a debt." ~ W A
 
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MadeeandLyndee:  The last few Friday's have been huge news days and today, they all decide to be QUIET. Interesting.  

Don961:  Friday is the Muslim Holy Day ... that's why ... Like the Sabbath ... also , Sistani declared Friday the 1st day of a new holy month 


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StephenMac63: I understand the rate will continue to climb, outside of the country due to demand. I was wondering about the program that Iraq is doing right now (lowering the USD value against the IQD, ie 1000:1), does this need to be completed before announcing internationalism or can they continue to do the program inside of the country after announcing internationalism outside of the country?  

Aggiedad77:  Stephen.....Frank said on the Wednesday CC I believe that we are seeing evidence of the 1000 to 1 already working further meaning seeing 850 to 1 and even 750 to 1.....if I'm understanding where this is headed, and it appears to be moving at the speed of light to get "there'....wherever "there" is.....in-country it will soon be to a point of 1 to 1....

From there externally we on the outside will be watching with eagerness for demand to cause it to rise.....this is all well orchestrated inside the country at this point.....and those in the LL....don't forget about them.....they are starting to salivate at the thought of moving their investment $$'s into Iraq....for they know the harvest to be reaped......

It appears to be an effort in motion....fast motion.....and a motion, like a lava flow that can now but unstoppable......all IMO.   Aloha    Randy

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Currency365: We brought in the REINFOERMENTS NOW LETS ROCK N ROLL  https://youtu.be/yCesVVDgXEM



TNT:

CTaylor:  I just declined an invitation / request to send my ZIM notes to a group paymaster who supposedly is closing an exchange on Monday in London, England. I was good with the initial paper work of a week ago because the agenda was for me to meet eye-to-eye with the exchange agency getting receipts for the transaction.

But, last night, I received two documents that asked me to deliver my notes to someone I don't know, and the docs read like some of the "opportunities" I've seen coming from Nigeria (money scams).

I called by phone and told the agent I was introduced to a week ago, that I didn't like the turn in events regarding the ZIM exchange, and that I'd hold out for the public release to exchange, even though I'd take a whole lot less money for waiting.

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Tishwash:  So a member and her mother went into a bank to do some regular banking, during the banking they started to ask about the dong and other currencies,

the guy that was helping them he said that he knew of the currency changes coming and that he used to work at another branch where he sold currencies to Senators and Congressman .

Also during the conversation there was another worker that seemed to be giving the guy the evil eye like to shut up and stop talking but he continued he told them that every Monday they are told it's going to happen but then it doesn't, it seems he may have said they might get a memo tonight OR maybe he said the next time he gets the memo he would contact the member and her mother.

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Tishwash:  UPDATE 1-Zimbabwe says has met all conditions to clear arrears to World Bank, AfDB

HARARE, April 27 (Reuters) - Zimbabwe has met all conditions to clear arrears to the World Bank and African Development Bank, paving the way for possible future funding from the International Monetary Fund, its finance minister said on Thursday.

The southern African nation in October last year cleared its 15-year-old financial arrears with the IMF, in a major step towards its first loan programme with the Fund since 1999.

Finance Minister Patrick Chinamasa said in a statement that facilities negotiated by the Reserve Bank of Zimbabwe to repay the $1.75 billion arrears had been "scrutinised and scrutinised" by the World Bank and AfDB, who were satisfied.

"Clearance of debt arrears is expected to open the door to foreign finance inflows and possible debt treatment by the Paris Club and non-Paris Club Bilateral Creditors through an IMF financing programme," Chinamasa said.

He did not give details on where cash-strapped Zimbabwe had obtained the money to clear the arrears.

President Robert Mugabe's government is struggling with dwindling foreign exchange inflows and acute shortages of cash that meant that banks have been limiting withdrawals.
Without foreign funding, the government has relied on tax inflows to support its budget, 90 percent of which goes towards paying its civil service. link