Parliament sources criticize delay in activating tariff law says it would create $15b in revenue; GOI fears tariff law may hurt trade relations with Kuwait and Turkey

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Kuwait and Turkey .. Concerned with delaying the activation of the customs tariff for gifts

Posted 30/01/2012 09:25 AM

BAGHDAD – Babinaoz (Reuters) – according to a report published in the future of Iraq parliamentary sources criticized the delay in activating the tariff law and the implementation of its provisions because it indirectly protect domestic industries that is a win, plus the national budget.

And suspended sources on the process that it does not come from government offices, but are recognized in Kuwait, Turkey and the shift to Iraq to be introduced,

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Maliki welcomes the willingness of Arab states to attend the Summit of Baghdad

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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01/30/2012 15:47

Received Prime Minister Nuri Kamal al-Maliki in his official office today by the Secretary-General of the Arab League, Ahmed Ben Helli.

He welcomed the readiness of sovereignty of all Arab countries to attend the Summit to be held in Baghdad, and hoped to be a successful summit because of the nature of the circumstances and the level of attendance expected. Read the rest of this entry »

Zebari and UN exec discuss Iraq’s obligation to announce the settlement of outstanding issues with Kuwait

Posted: January 30, 2012 in Iraqi Dinar/Politics
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During a meeting with the President of the Executive Council of the United Nations Compensation .. Zebari, Iraq’s obligation to announce the settlement of outstanding issues with Kuwait
Date: Monday, 01/30/2012 17:12

Baghdad (news) .. Browse Foreign Minister Hoshyar Zebari, with the Chairman of the Executive Council of the United Nations Compensation Hanov Schumacher and Mojtaba Gazzaza Executive Secretary of the Committee and the delegation accompanying them, the development of reparations imposed on Iraq under Security Council resolutions. Read the rest of this entry »

Allawi reveals its demand to meet with Talabani to mediate Maliki confirms that the province of the Iraqi parliament has achieved its objectives

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Monday,  2 January 2012

Revealed the existing Iraqi President Iyad Allawi for his claim of President Jalal Talabani to mediate a meeting with Prime Minister Nuri al-Maliki to discuss the current political crisis in the country.

Allawi said in an interview “I have asked Talabani to mediate in my meeting with Maliki and required him to get the meeting at the headquarters of the Presidency as the situation of the Iraqi people’s future and stability is the most important things, but we have not heard the answer yet.” Read the rest of this entry »

CBI: The Politics of raising the Iraqi dinar against the dollar will contribute to strengthen the Iraqi economy

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh cited some of the media to remarks from some officials for the failure of the central bank to raise the Iraqi dinar against the U.S. dollar.

He told all of Iraq [where] that “the Iraqi Central Bank to raise the dinar against the U.S. dollar at the present time is a positive step measured accurately,” adding that “the statements that dealt with the failure of the Bank in a political lifting the dinar against the dollar reflects the contract and hatreds personal.”
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Parliament: CBI faces the problem of smuggling hard currency to Iran; Take a new financial measures in the coming days to curb smuggling

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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A commission of economy and investment representative for the Iraqi Central Bank to take a new financial measures in the coming days to curb the smuggling of hard currency. A member of the Committee of Economy and Investment parliamentary deputy for the coalition in Iraq Qusay Friday “is that a meeting took place recently with the Chairman of the Commission on Money Laundering and the Deputy Governor of Central Bank of Iraq and the Central Committee and the Economic Commission to discuss the issue of smuggling of foreign currency to Iran in order to solve this problem and find effective solutions to them.” Read the rest of this entry »

Economic Researcher: the continuing deterioration of the Iranian Altoman Sistnzv cash reserve of hard currency in Iraq

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Date: Monday, 01/30/2012 12:49

Baghdad (news) .. Warned the economic researcher Hussein star depletion of hard currency from Iraq for Iran as a result of the deterioration of its currency against the U.S. dollar.

and said the star in a statement to the Agency (news) on Monday: There are dealers and companies working in Iraq for Iran and Syria and trying to pull the U.S. dollar from local markets to those States as a result of international sanctions that have led to the deterioration of their currencies.

and feared the star’s depleted foreign currency of the country that there is strong demand by traders and businessmen and company owners who are working for Iran and Syria to buy the currency of the auction the central bank in bulk than on the former, leading to come into force from Iraq. Read the rest of this entry »

President of the Bank of the economy: intellectual backwardness of the leaders of the cause of the economic process of the deterioration of the banking sector in Iraq

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Date: Mon 01/30/2012 8:50

Baghdad (news) .. Revealed the chairman of Bank of the economy Husam Obeid for the existence of intellectual backwardness of the characters, which leads the economic process in the country, which led to the deterioration of the banking sector in Iraq.

Obaid said in a statement to the Agency (news) on Monday: that Iraq today is suffering from underdevelopment mindset of the characters that Taatbu positions economically sensitive in the country, stressing that they applying the principle of “the person inappropriate in the right place”, through the decisions of others supportive of the Iraqi economy in general and the banking sector in particular. Read the rest of this entry »

CBI to study the legislation to legalize the process of removing zeros from the local currency

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Baghdad, January 30 (Rn) – The Central Bank of Iraq, on Monday, he began to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of legislation setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency.

This comes at a time confirmed the Parliamentary Finance Committee, on Sunday, the central bank lingered in the provision of a bill to delete the zeros from the currency to the Committee for the purpose of his study, confirming the same time the law was passed that would give Iraq an opportunity to address inflation. Read the rest of this entry »

Arab summit in Baghdad should be a huge benefit to the political leaders to resolve their differences soon

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Monday, 2 January 2012 11:44

The MP said the coalition of state law on the Keywords that the Arab summit in Baghdad next March is a great asset for Iraq

He told all of Iraq [where] that “the Arab summit gives Iraq a future role in the region and all the political blocs to realize the importance of this and be flexible to the maximum extent in dealing with important issues,” adding that “the political blocs to reach solutions Links to some urgent issues “

The Arab summit which was due to be held in Baghdad in May of last year has been postponed to March of this year at the request of the Gulf countries on the pretext that the Arab situation is not ready to hold this summit. Read the rest of this entry »

The advisory board Balttnsag with the World Bank looking plans and programs adopted to implement the reform program of the state of public companies

Posted: January 30, 2012 in Iraqi Dinar/Politics
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Date: Monday, 01/30/2012 16:06

Baghdad (news) .. team held a reform of public companies in the form of advisers Prime Minister’s Office in coordination with the World Bank meeting to discuss the steps and programs adopted to implement the roadmap (reforming public enterprises of the state) in the presence of UN agencies and international partners and units of the restructuring of public companies in the ministries concerned , along with a number of experts and advisers in the body. Read the rest of this entry »

CBI Daily Currency Auction Jan 30 2012: $199.9 million

Posted: January 30, 2012 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 30-JAN-2012. The results were as follows:

DETAILS NOTES
Number of banks 24
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 199,925,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 199,925,000
Total offers for selling (US$) —–

Confirms the return of the Iraqi List minister of the meetings of the Council of Ministers next week

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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confirmed the Iraqi List, Monday, the return of its ministers in the government to the Council of Ministers after a week, denying the existence of pressure negative exercised on it to end its boycott of parliament and the government. The MP for the existing unit Jumaili in an interview for “Alsumaria News”, “ministers menu return of the meetings of the Council of Ministers after a week, “pointing out that” the list does not set conditions for a return, as some believe. “

She Jumaili that “Iraq intending to implement themes agreed at the meeting of Erbil, Kalmtalibh clear accountability and justice law and the reform of the judicial system and the parliamentary resolution of the problem of the Vice President Tareq al-Hashemi judicially and politically, in addition to the claim body balance and a national armed forces. “

denied Jumaili that “the list has come under pressure of international or regional to end its boycott of parliament and Read the rest of this entry »

Biden put pressure on Iraqi leaders to stay within the partnership government with the implementation of their demands

Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
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Vice President Joe Biden in contact with Iraqi leaders on the need to continue commitment to partnership government with the implementation of their demands, while he returned to Baghdad, President Jalal Talabani, after a medical trip to Germany two weeks at a time when terrorism has denied Vice President Tariq al-Hashimi accused the authorities of the intention of Kurdistan delivered to Baghdad .

Biden and discussed with Allawi in the crisis «taking place in the political process and ways to find appropriate solutions», stressing that «the need to achieve national partnership». Read the rest of this entry »

Maliki plans to visit Iran soon

Posted: January 30, 2012 in Iraqi Dinar/Politics
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Monday January 30, 2012

Baghdad / babysit – The Ambassador of Islamic Republic of Iran to Iraq on Monday, to visit close to Prime Minister Nuri al-Maliki to Tehran, adding that the ministers of the two countries will nine reciprocal visits until the end of March 2012, in a move that is standard in terms of the number of official visits exchanged.

Ambassador Hassan Danaii fled in a press statement that the Iraqi Prime Minister Nuri al-Maliki will visit Iran in the near future. Read the rest of this entry »

CBI responds: Our “Dropping of the Zero’s” policy is successful and Anbuge personal criticism doesn’t represent the opinion of the government

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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29.01.2012 | Baghdad described the Central Bank of Iraq, Sunday, his policy of raising the value of the Iraqi dinar against the dollar to “successful”, saying that the criticisms made ​​by the Adviser to the Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge personal and do not represent the opinion of the government.

See related article: http://wp.me/pZC7o-ccX

The deputy governor of the Bank Mazhar Mohammad Saleh in an interview for “Alsumaria News”, “The Central Bank maintained the value of Iraqi dinar and stability in the difficult conditions that prevailed in the country,” noting that “the Iraqi government and international organizations confirmed that the policy Bank raised the value of the dinar against the dollar successful. “

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Finance Committee: CBI to wait to introduce Currency reform bill; Committee to study bill further and revise to address inflation and security issues

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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Parliamentary Finance: Central lingered in the provision of a bill to delete the zeros

Baghdad, January 29 (Rn) – The parliamentary Finance Committee, Sunday, to loiter in the Central Bank to introduce a bill to delete the zeros from the currency to the Committee for the purpose of his study, saying [if ]the law was passed that would give Iraq an opportunity to address inflation.

A member of the Committee Najiba Najib told the Kurdish news agency (Rn) that “the central bank lingered in the provision of a bill to delete the zeros of the local currency to the Finance Committee to study and add some stuff it and then submitted to the House of Representatives for the purpose of voting upon approval.” Read the rest of this entry »

National Alliance welcomes the return of Iraqi MPs

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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Iraqi Parliament, Parlamani IraqBaghdad, January 29 (Rn) – welcomed the National Alliance, the largest Iraqi Shiite political bloc the Iraqi List, the decision Sunday to end their boycott of the Council of Representatives. He said that to maintain the suspension of the presence of the ministers in the government index of its transformation into a mass political opposition.

The Iraqi List, and decided after a meeting of its components on ending the boycott of the House of Representatives and to maintain the boycott of the government.

And the Iraqi List, has eight portfolios in the current government is the financial, education, electricity, science, technology and affairs of the provinces, industry and communications.

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International Banks will only cooperate with banks when CH VII lifts; Currency traders in Iraq will eventually pull out

Posted: January 29, 2012 in Iraq: Chapter VII, Top Headlines
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Economists: hard currency traders are pulling out of Iraq .. The seventh item on the merchant to make deals with banks is sober
On: Sun 01/29/2012 12:32

Baghdad – He specialized in the economic importance of removing Iraq from Chapter VII imposed by the United Nations to give Iraq in general and the Iraqi trader in particular to deal with the international banks sober and well-known in the process of Transfer of funds (money orders) when the importation of goods from abroad, for fear of the vulnerability of Iraqi funds to money laundering or to embezzlement by shell banks and informal in most countries of the world, calling the talk (of the Agency news) to move toward the United Nations to lift the seventh item on the Iraq.

A member of the Economic Commission MP Nora Salem: The international banks known not to deal with Iraqi traders they deal in huge amounts, and Iraq still implies under Chapter VII, they are afraid of dealing with countries subject to this item. Read the rest of this entry »

CBI confirms the possession of large reserves of hard currency to meet the demand

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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said the Iraqi Central Bank, Sunday, having large reserves of hard currency to cope with the phenomenon of demand, indicating that there are internal and external factors behind this phenomenon.

The bank said in a statement issued today, and received “Alsumaria News”, a copy of it, it is “possessed of large foreign reserves are the estimated high in the face of any potential caused by the growing phenomenon of demand for foreign currency on the basis of the means of monetary policy available to control the levels of liquidity and cash flows in order to achieve economic stability desired.” Read the rest of this entry »

Source: Iraqi List leaders have agreed to return to Parliament during a meeting yesterday

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Sun 01/29/2012 10:00

Baghdad (news) .. A source familiar with the meeting of the leaders / coalition in Iraq / which was held yesterday at the existing agreement of all the leaders to return to the House and Cabinet.

The source, who declined to be named in the statement (of the Agency news) on Sunday: The leaders of the list held a closed-door meeting yesterday with the delegation negotiating the Iraqi to search the results of dialogue that was with the National Alliance. Read the rest of this entry »

Sources: Biden gave assurances to Allawi and Najafi, and will return to the Iraqi government and parliament today

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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{# Advanced_dlg.resize_image_alt}Sunday, 29 January 2012 09:35

Informed sources expect you do not want to be identified to take the Iraqi List led by Iyad Allawi, in its meeting today decided to cancel the boycott meetings of the Council of Ministers and the House of Representatives.

According to those sources told all of Iraq [where] that “the leader of the list, Iyad Allawi, leader of the existing House of Representatives Speaker Osama Najafi has obtained assurances from the United States to some of the demands of existing and through dial-up, carried with them, U.S. Vice President Joe Biden on Saturday” . Read the rest of this entry »

The situation in Iraq has increased the demand for foreign currency

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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28-01-2012 | (Voice of Iraq) – Add a comment – the central bank said in a statement today that the situation in the country and the region has cast a shadow on the high demand for foreign currency in the window of the Iraqi Central Bank for the sale and purchase of the dollar, particularly in recent weeks.

The bank said that there are several factors affecting the circulation of foreign currency, including overhead and its impacts on the behavior of individual demand in the market for foreign currency, in addition to the situation in some countries of the region and exposed to the problems in international economic relations. Read the rest of this entry »

House of Representatives is moving to amend the draft budget

Posted: January 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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29/01/2012

Iraqi determine its position on the “final” on her return to the Government and Parliament

A source for a high representative to check out the discussion of the draft general budget on Tuesday, while the complexity of today’s Iraqi List, a meeting attended by all its members to determine the position of “final” to attend meetings of the Council of Ministers and House of Representatives.

According to the source of the “morning,” then there is a tendency to modify some provisions of the draft budget, particularly with regard to regional development. Read the rest of this entry »

Financial committee working to reduce inflation in the 2012 budget

Posted: January 29, 2012 in Iraqi Dinar/Politics
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29/01/2012 09:19

Baghdad, January 29 (Rn) – The Finance Committee of the Iraqi Council of Representatives, on Sunday, it was working to reduce inflation in the budget in 2012, which is valued at 10 trillion dinars, by expanding the participation of investment at the expense of operating expenses.

The Central Bank of Iraq, last Tuesday, for the budget deficit in 2012 of 20 trillion Iraqi dinars, or gain of 10% of the gross domestic product, adding that the budget deficit by default and can be treated through the stabilization of world oil prices remain above the $ 104. Read the rest of this entry »

CBI: The foreign reserves of the Bank is able to cope with the growing phenomenon of demand for foreign currency

Posted: January 29, 2012 in Iraqi Dinar/Politics
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The Central Bank of Iraq that the situation of foreign reserves of the Central Bank of Iraq is one of durability the location and the estimated high in the face of any eventuality caused by the growing phenomenon of demand for foreign currency, according to the means of monetary policy available to control the levels of liquidity and cash flows in order to achieve economic stability desired.

The bank said in a statement received (citizen) yesterday and handled some of the media phenomenon of the subject high demand for foreign currency in the window of the Iraqi Central Bank for the sale and purchase of the dollar, particularly in recent weeks. Read the rest of this entry »

CBI Daily Currency Auction Jan 29 2012: $202.9 million

Posted: January 29, 2012 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 29-JAN-2012. The results were as follows:

DETAILS NOTES
Number of banks 24
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 202,945,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 202,945,000
Total offers for selling (US$) —–

International Energy Agency: Iraq’s oil production rose by 12% in 2011

Posted: January 29, 2012 in Iraqi Dinar/Politics
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SUNDAY, 29 JANUARY 2012

Said the International Energy Agency in its report that oil production in Iraq rose by 12% in 2011, while warning that the political instability inside Iraq in the development of operational and logistical constraints on the oil sector.

A report by the International Energy Agency obtained by “Twilight News”, that “Iraq’s oil production rose by 12% in 2011 compared to the previous year but this increase was not reflected in exports due to poor infrastructure.” Read the rest of this entry »

Iraq List likely to take a decision today to end its boycott of the House and Minister

Posted: January 29, 2012 in Iraqi Dinar/Politics
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Baghdad, January 29 (Rn) – suggested the Iraqi List led by former Prime Minister Iyad Allawi, Sunday, to take a decision today to end its boycott of the House and the Minister, indicating that the options will be before all the components of the vote, while denied the mass of “correct”, led by leadership in the list Full-Dulaimi, the Iraqi and internalized underneath, away from the list on the back of violating decision to boycott the meetings of the Council of Representatives.

The Iraqi List, and decided last month to suspend the participation of his deputies and ministers at meetings of the House and Minister for what he considers “the policy of exclusion” as well as the issuance of an arrest warrant against Vice President Tareq al-Hashemi and attempts to isolate Saleh al-Mutlaq from office. Read the rest of this entry »

Khalidi: Iraqi List tends to return to Parliament and Government

Posted: January 29, 2012 in Iraqi Dinar/Politics
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28/01/2012 04:41
He said the Iraqi List MP Muhammad Al-Khalidi said the list tends to vote to return to parliament and the government after receiving assurances from the political blocs not to be marginalized in the decision-making and to bring them real participation in government. Khalidi explained that the meeting of the leaders of Iraq tomorrow will discuss the recommendations that came out of the meeting held last Thursday .. Indicating that the decision will be made collectively allied blocs in the Iraqi List ..

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