Baghdad, February 24 (Rn) – The Iraqi Ministry of Planning and Federal, on Friday, it will launch a budget in 2012 in the first of the month next to the ministries for the purpose of accelerating the implementation of important projects.
And approved the Iraqi government in its emergency meeting in (05/12/2011) budget in 2012 by $ 100 billion (about 117 trillion Iraqi dinars) and a deficit of up to $ 13.5 billion (about 17 trillion dinars). Read the rest of this entry »
On: Friday 02/24/2012 13:04
Baghdad (news) .. Download a member of the Economic Commission deputy / Kurdistan Alliance / Mahma Khalil banking sector caused by the reluctance of foreign investors to enter Iraq for the purpose of investment, as it still works according to the old laws and impeding the investment process.
Khalil said in a statement to the Agency (news) Friday: The banking sector Iraq is one of the sectors underdeveloped in the region because it is still working systems of ancient non-sophisticated technology and has a staff administrative impede the investment process through the procedures of routine complexity, what led to the reluctance of foreign investors from entering Iraqi territory to for investment. Read the rest of this entry »
24/02/2012 07:39
Baghdad, February 24 (Rn) – Iraqi Council of Representatives approved on Thursday the budget in 2012, worth 100.5 billion dollars after a delay of weeks because of disagreements on how it was spent, which is usually accompanied by the adoption of state budget finances.
The House proceeded to vote on budget items yesterday afternoon and continued the session until midnight in the presence of 248 deputies, and headed by Osama Najafi. Read the rest of this entry »
23/02/2012
There are discussions ongoing about the importance of changing the currency or the deletion of zeros in particular, and most recently told the CBI on the intention to perform this task next year, this issue is a technical matter of form, but in fact is directly related to the general economic situation, it is wrong to the large separation of monetary policy economic policy, there is a close correlation between them.
And if we wish to offer on such a step we have to look at the economic reality and analyzed accurately, the country in a difficult regardless of the talk is much that is said here and there, it’s economy is not uniform and suffers from gaps seriously, the situation in Kurdistan separate cases almost in terms of economic processes and financial and in the provinces are making contacts and initiatives and attempts to declare the so-called federalism here and there. Read the rest of this entry »
Agency learned of all of Iraq [where] the law of the financial budget approved by the House of Representatives tonight obliging the government to distribute cash money on the people and for the first time in the history of Iraq.
And provided a special paragraph so that the “Federal Council of Ministers on the allocation of 25% of the increase in revenues from exports of crude oil source generated during the year 2012 after the payment of disability and shall be deposited in the fund be distributed in cash for the interest of the Iraqi people. Read the rest of this entry »
VietFinanceNews.com – The State Bank of Vietnam had kept the dong/dollar interbank exchange rate at 20,828 dong per dollar for the 39th consecutive day by late last week.
The exchange rate stabilization has prompted people to sell dollars and keep dong.
Nguyen Ngoc Lan in Hoan Kiem district in Hanoi on February 16 morning came to Eximbank to ask about the dollar prices, planning to covert the dollar deposits at the bank to dong deposits. Read the rest of this entry »
With renewed calls for the application of the law of customs tariff, tend views to be patient in its application pending the completion of the capacity and mechanisms of the competent authorities in monitoring border crossings, sea and air and land, especially after he postponed the Ministry of Finance of the law last February to indefinitely because of some obstacles faced by law and mechanisms work.
to that, the President of the Federation of Iraqi Chambers of Commerce Jaafar al-Hamadani, to activate the law of customs tariff, but stressed at the same time the importance of protecting the national private sector. While showing its willingness to apply the new law, he hopes, Director General of Customs Munther Abdel Amir precede the application study of the economic reality in order to avoid flooding the Iraqi market. Read the rest of this entry »
24-02-2012
A member of the Economic Committee MP for the coalition in Iraq Qusay Gomaa said Iraq will not be affected by fluctuations in the price of gold in international markets because it has large reserves of gold and jewelry.
He said Friday (the Agency news): that winning the gold price rise in global markets is the result of the economic crisis taking place in some of the world, which also led to increased food prices and commodities in general being affected with each other. Read the rest of this entry »
24-02-2012
Revealed a coalition of state law, on Friday, on the nomination of the National Alliance for the three new names for the post of the Interior Ministry, pointing out that the Alliance was appointed one of the three named to Prime Minister Nuri al-Maliki.
The MP said the coalition of state law, Ibrahim al-Rikabi in an interview with “Twilight News” “The National Alliance has settled his command on the nomination of three names to take one position of the Ministry of Defense”, refusing to disclose the names of the candidates for what he called “the sensitivity of the current situation.” Read the rest of this entry »
Date: Thursday, 23/02/2012 22:15
Baghdad (news) .. House of Representatives voted by a majority vote to approve the budget year 2012, $ 117 trillion dinars and by deficit of 14 trillion.
A reporter Agency (news) of the House of Representatives: The Board approved a majority of members to the budget year 2012, $ 117 trillion dinars and by the inability of 14 trillion.
http://bit.ly/xJBvtr
Thursday, February 23, 2012 22:17
The House of Representatives approved the financial budget for the current year 2012 and voted on all items.
The National Alliance MP Adel al-Maliki told all of Iraq [where] he was adopted and pass the financial budget after the vote on all items. “
He added that he “was raised to the sixth session of March next (March 6 2012)” Read the rest of this entry »
House vote approves the allocation of 25% of oil imports for distribution to the Iraqi people
Thursday, February 23, 2012 16:37
The MP said the Sadrists Jawad Alshahyla in a statement received by all of Iraq [where] a copy of it today that “the House of Representatives voted to approve the proposal of the Sadrist movement within the budget bill, fiscal year 2012 allocation [25]% of the increase in oil exports are distributed to the people the Iraqi people in the budget this year. “
Date: Thursday, 23/02/2012 10:51
Baghdad (news) .. The Deputy Governor of the Central Bank of the appearance of Mohammed that the bank select a commission selling the Iraqi currency ten dinars only added to the dollar exchange rate set at a reasonable price, indicating that monetary policy is controlled.
Saleh said (of the Agency news) on Thursday: There are differences in the market for the dinar exchange rate against the dollar in different parts of Iraq, which called for by the Central Bank to impose special measures against market speculation through the identification of a commission to sell the currency ten dinars only be added to the price of the dollar and set a thousand and one hundred and seventy-nine dinars. Read the rest of this entry »
Thursday, February 23, 2012 15:58
Congress voted on a financial budget for the current year within the budget bill in 2012.
According to a parliamentary source told all of Iraq [where] said Thursday that “members of the House of Representatives voted to approve the financial budget allocated to the Parliament for the current year and included in the budget bill for fiscal 2012.”
The House of Representatives held its regular day and voting on the budget bill for fiscal 2012.
http://bit.ly/x6IpbJ
Thursday, February 23, 2012 12:58
Select the House of Representatives the evening session for the day of the vote on the draft budget for fiscal year 2012.
According to a parliamentary source told all of Iraq [where] the day that “the Presidency of the Council of Representatives decided to vote on the budget for fiscal 2012 in its evening of this day.”
The Council of Representatives to its regular Thursday and is expected to see its vote on the budget bill for fiscal 2012.
http://bit.ly/wXkSE0
Presidency of the Council of Representatives decided Thursday to postpone the vote on the budget of the state to three o’clock in the afternoon.
The National Alliance MP for the Susan Saad, “The Presidency of the Council of Representatives decided to postpone the vote on the budget bill to the third hour of this afternoon m for the purpose of completing all the items and adjustments.”
http://bit.ly/yxHSpW
Began before noon on Thursday for the meeting under the chairmanship of the House of Representatives Osama Najafi and the presence of 220 deputies.
Is due to vote in the House of Representatives today’s session on the state budget for 2012 after the Committee submitted a financial report containing some of the proposed amendments to the budget of the political blocs.
http://bit.ly/yxHSpW
The latest daily currency auction was held in the Central Bank of Iraq on the 23-FEB-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 16 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 171,696,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 171,696,000 |
| Total offers for selling (US$) | —– |
Wednesday, February 22, 2012
Hosted the Parliamentary Integrity Commission today, Finance Minister Rafie al-Issawi and Central Bank Governor Sinan Shabibi and Chairman of the Integrity Agency Alaa al-Saadi, a number of investigators to discuss a number of important laws and decisions. “
A source within the Commission told all of Iraq [where] said Wednesday that “The discussions centered between the Integrity Commission and the Parliamentary Finance Minister and Central Bank Governor and Chairman of the Integrity Agency on the issue of deletion of zeros and prevent the introduction and spread of counterfeit currency.” Read the rest of this entry »
Iraq: the
22/02/2012 13:14
Karbala, February 22 (Rn) – A spokesman for the Iraqi government said on Wednesday that the outstanding issues between Iraq and Kuwait need for high-level meetings to resolve it, pointing out that the Iraqi government has a certain vision in supporting the private sector.
Ali al-Dabbagh told the Kurdish news agency (Rn) announced today while attending the special conference rooms Iraqi Trade, held in the city of Karbala that “there are pending issues Bin Iraq and Kuwait need to be intensive meetings and on the levels of diplomatic high between the two countries to solve all at once.” Read the rest of this entry »
22/02/2012
Sumerian News / Baghdad announced that the Iraqi embassy in Kuwait on Wednesday that Iraq handed the Kuwaiti side 136 Micro film from the archives of newspaper on the Kuwaiti official.
said the Iraqi ambassador to Kuwait, Mohammad Hussein Bahr al-Ulum said in an interview for “Alsumaria News”, “Iraq peace, the first Monday .136 Micro film from the archives of newspaper Kuwait today to official Kuwaiti side, “noting that” the process of delivery took place in the presence of the United Nations representative in Iraq. ” Read the rest of this entry »
On: Wednesday 02/22/2012 17:47
Baghdad (news) .. ended the House of Representatives in session twenty-fourth, which was held under the chairmanship of Osama al-Chairman of the Board of Representatives and the presence of 201 deputies on Wednesday, the first reading and the second of five bills, as well as read the report of the Finance Committee on the Federal budget for 2012.
A statement of the Council received the Agency (news) a copy of it on Wednesday: that at the beginning of the meeting initiated by any of the Holy Quran ended the first reading of the bill the third amendment to the law of the Central Agency for Standardization and Quality Control, submitted by the committees of the financial, legal, economic and investment, which comes for the purpose of converting the device from the self-financing to central funding. Read the rest of this entry »
22/02/2012 17:16
Kirkuk, February 22 (Rn) – returned the controversy between the components of the province of Kirkuk from the Kurds, Arabs and Turkmen on Article 140 of the disputed areas between the federal government in Baghdad and Erbil, near the regional with a conference of reconciliation among Iraqi political blocs.
And rejects the political council of the Arab in Kirkuk, the inclusion of Article 140 of the permanent constitution on the agenda of the Conference, the Kurds, while emphasizing the need to insert the file at the conference, which will include the political forces in Baghdad, while leaving the Turkmen political issue to agree. Read the rest of this entry »
ERBIL, Feb. 22 (AKnews) – MPs will vote on the budget bill tomorrow after receiving the Finance Committee’s final report on the proposed legislation.
Second Deputy Speaker of the House of Representatives Aref Tayfur said no parties, including the Kurds, have objected to the bill as a whole. Read the rest of this entry »
Posted on 22 February 2012
AKnews reports that businesses and currency traders are rejecting 10,000 dinar notes because of rumours about the increasing spread of counterfeit currency.
Government sources said last year that an estimated 7 billion dinars worth of forged 10,000 notes came into Iraq from Iran. Read the rest of this entry »
Wednesday February 22, 2012
The Finance Committee that it had agreed to be a financial allocation of 2% of oil revenues and the budget included and distributed to the Iraqi people.
The MP said the Liberal bloc Zamili governor: “The bloc demanded that the money given to the citizen and not as items in cash and then do not apply.” Read the rest of this entry »
Wednesday, 22 February 2012
Baghdad (AIN) –The Parliament session of Wednesday has started to review the report of the Financial Committee over the 2012 budget law draft.
Parliamentary source reported to AIN Wednesday “The parliament session is chaired by Speaker Osama al-Nijaifi and was attended by 221 MPs.”
The source added “The agenda of the Wednesday session will include continuing discussions over the budget as the first and second reading of several other law drafts.”
http://bit.ly/wrhsJe
Wednesday, 22 February 2012
Baghdad (AIN) -MP Haitham al-Jubouri, member of the parliamentary financial committee, expected that the parliament will approve the 2012 budget law draft tomorrow (Thursday).
MP Jubouri, said to All Iraq News Agency (AIN) Wednesday that “We expect that parliament will approve the 2012 budget law draft without obstacles.” Read the rest of this entry »
On: Wednesday 02/22/2012 13:15
Baghdad (news) .. contract, Finance Minister Rafie al-Issawi a joint press conference with the Minister of Planning Ali Shukri today.
Issawi said during a press conference which was attended by reporter Agency (news) said on Wednesday: The meetings continued yesterday with the parliamentary committees to solve the problem of the budget, noting to the existence of a deficit of (15) trillion dinars in the budget. Read the rest of this entry »
