Archive for December 23, 2010

Baghdad / 23 December (Rn) – The Iraqi Ministry of Finance, Thursday, that the process of recycling the money will be made after the launch of the budget in 2011.

The adviser said the ministry Zia Alckheon Kurdistan News Agency (Rn) that “the process of recycling of funds to the budget in 2010 will be implemented after the launch of the budget in 2011, when rated by the Council of Representatives.”

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Word Central Bank Governor Sinan al-Shabibi, lending to the government by the Bank of damaging his reputation and performance, as called for using the surplus in the previous budgets, to supplement the current budget. Shabibi said “Alsumaria News”, on the sidelines of a meeting of the Finance Committee’s interim parliament

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Arbil, 23 December / December (Rn) – The official source at the Ministry of Natural Resources Kurdistan Regional Government, on Thursday, Iraqi Prime Minister Nuri al-Maliki signed the paper work Kurdish, so have to address the outstanding problems in the field of oil and gas between Erbil and Baghdad, within six months, according to agreement.

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Iraqi Council of Representatives ended its sixth session to postpone the day reading of the budget of the Federal Assembly for 2011 included on its agenda.

A member of the House of Representatives of the Iraqi National Alliance Aziz Ugaili that the decision of the House of Representatives to postpone the second reading of the federal budget comes because of the absence of the
Finance Committee and legal temporary for today’s meeting. “

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The chairman of the Iraqi Parliament, on Thursday, the sixteenth session of parliament which was attended by 200 deputies to the day after tomorrow, Saturday, with source confirmed that they saw the vote on the formation of a committee to investigate the facts about the reasons for the closure space Baghdadi.

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Baghdad / 23 December (Rn) – denied the Iraqi Central Bank, on Thursday, planned at this time to develop a coin 100 thousand dinars, equivalent to the category of $ 100 U.S. as hyped.

The adviser said the Central Bank of Iraq the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Central Bank of Iraq is not thinking in the development of a new currency of the class 100 Iraqi dinars, equivalent to U.S. $ 100 bills, the fact that it is not an economic necessity.”

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The start of the sixteenth meeting of the Iraqi Council of Representatives

Baghdad (news) .. started Friday [Thursday] morning meeting sixteenth Iraqi Council of Representatives. A reporter Agency (news) on Thursday: The meeting of the sixteenth to the Iraqi Council of Representatives has started, and ensure that the agenda of the meeting, the replacement of Deputies, which received ministerial posts deputies others, either the second paragraph on the agenda to vote on forming a committee to investigate the facts about the closure of offices, Baghdad

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gorenawe-drawakanErbil, Dec.23 (AKnews)- The head of the Kurdistan Region’s bank said since 2010 some 12 new banks have opened their branches in the Kurdistan Region- raising the total number of the private and governmental financial establishments to 72 and 85, respectively.

Some seven private and five governmental banks have been opened this year, Adham Karim told AKnews Thursday. He added in line with the Region’s booming economy in all fields, the banking sector has also boosted with the influx of more and more investors and entrepreneurs to Kurdistan

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Alsumaria News [received a] version of the draft General Budget Law of the Federal Republic of Iraq for the Financial Year 2011, as amended, the final preparation for submission to the Parliament for a vote. The bill provides that the estimated revenues of the federal budget for the financial year / 2011 of $ (78,705,237,500,000) JD (Seventy-eight thousand seven hundred and five billion two hundred and thirty-seven million five hundred thousand dinars), according to the main accounts.

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Confirmed adviser to the CBI the appearance of Mohammed Saleh said that the bank seeks to create the largest center of financial information and credit.

Saleh said in a statement singled out by the reporter (Agency Information / INA) that the Bank and within the future plans of seeking to build a larger center Of financial information and credit transactions.

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