Archive for December 24, 2010

MALE adviser in the Iraqi government, said Friday that Prime Minister Nuri al-Maliki will send a formal letter to the House of Representatives presents the most important laws required by the government in the next phase.

(more…)

Revealed the Iraqi Finance Ministry, 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’s (Rn) 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.

He said after that is the process of recycling the money will come out precise proportions of government institutions that fully exhausted their funds allocated to it in 2010.

Prime Minister Nuri al-Maliki has asked the Ministry of Finance to submit a detailed report on the process of recycling funds for the year 2010.

(more…)

A legislature from Iraq’s al-Ahrar (Liberals) Bloc has demanded the Parliament to hold a special session to discuss the problem of electric power, according to a statement issued by his office on Thursday.

“We demand the Parliament’s chairmanship to add the issue of the electric power on the schedule of the Parliament’s next session, in order to discuss the problems of the electric power and lay suitable solutions for it in the forthcoming peiod,” the statement by Legislature Uday Awad Kadhim said.

(more…)

The MP said the Kurdistan Alliance, Mohsen al-Sadoun said Prime Minister Nuri al-Maliki will be next Sunday, the names of candidates for the ministries they left to vote in the House of Representatives.

He has presented his new government Alycil House of Representatives last Tuesday, retains the responsibility of the three security ministries (Defense, Interior, and National Security) Anyeetm consensus on the candidates to them.

(more…)

Maliki sent a formal letter to the House of Representatives shows the laws of his government need

Baghdad / 24 December (Rn) – The adviser in the Iraqi government, on Friday, Prime Minister Nuri al-Maliki will send tomorrow a formal letter to the House of Representatives presents the most important laws required by the government in the next phase.

Said Abdul Hussein Al Jabri told the Kurdish news agency (Rn) “Prime Minister Nuri al-sent on Saturday a formal letter to the chairmanship of the House of Representatives in which he mentions the need to pass laws important for the next phase, including oil and gas law and the law of distribution of financial resources and the law of governmental bodies.”

(more…)

Iraqi Central Bank implemented a project for electronic information available

Iraqi Central Bank intends to implement a project in a large electronic within the next six months for creating a database linking all the cash in banks and financial services network, to supply the information and indicators that you need decision-making process.

Experts say that the project which is funded with the help of friendly countries will put the central bank at the threshold stage of the update match the approach of major financial institutions in the world.

(more…)

Over a recent dinner, two friends – both local businessmen – dished over a simmering topic in Iraq’s oil-rich port city: whether to boost Basra’s future by partially breaking away from the federal government in Baghdad.

“How long will Basra act as Iraq’s milk cow while we are starving?” Najim Edan said, arguing that the city and province that surrounds it could thrive if it stopped sending more money to the Iraqi capital than it gets back in government aid.

His friend Mohammed Abbas was pessimistic, fearing conflict between local factions and corruption if Basra declares autonomy.

(more…)

Standard & Poor’s Ratings Services on Thursday lowered Vietnam’s local and foreign currency ratings as it raised serious concerns about the country’s banking system, marking the latest warning to highlight doubts over that nation’s economic stability.

The ratings firm said Vietnam’s banking system is susceptible to a financial or economic shock that could significantly test government resources. S&P said the move also reflects Vietnam’s low-income economy, developing financial system and other issues that increase its vulnerability.

(more…)

MP Abdul Hadi al-Hakim, the National Coalition for the abolition of privileges of the three presidencies and the reduction of their salaries to be within the salary scale of staff.

Hakim said in a statement issued by his office must cancel the privileges of the three presidencies, ministers, MPs and reduce their salaries to be within the salary scale of staff.

(more…)

Said a member of a coalition of state law, Adnan al-Sarraj of Faihaa The parliament session next Saturday will attend the Prime Minister to introduce the rest of his cabinet, except the security ministries, which is expected to be resolved after two weeks from now in the worst case.

He said OS for Faihaa that Maliki recognizes blocks, such as meeting vote on the government all the names of the ministers of candidates, but was not able to study the CVs for them in the form of flour, and some of the names submitted without cookies, and there is no information about the history of these candidates or their qualifications, So preferred prime minister to wait a bit, he said

http://wp.me/pZC7o-3Ws

Money laundering is a criminal act based on the rotation of funds come from illegal sources, but trying to get into legitimate channels through investment projects to hide the real origin. However, the global financial system, pay attention to this fact when you search for sources of funding for terrorist groups to dry, and in the international community’s war trafficking in illicit drugs.

The resort Almsthodhun those funds on the exploitation of financial institutions, trade and economic for the disposal of such funds and ensure access to earnings from them, and involving formal institutions without her knowledge or prior knowledge of some of its staff.

(more…)

Erbil, Dec.24 (AKnews)- The official spokesman for the Kurdistan Blocs Coalition (KBC) said Friday the Iraqi parliament will vote on the allocation of the parliamentary committees Saturday through Sunday, stressing his bloc has granted five committees.

(more…)

MP Burhan Mohammed Faraj member of the Finance Committee in the House of Representatives to re-draft budget to the federal government or solve the problems contained therein satisfactorily with the Kurdistan Region.

A member of the Kurdistan Alliance bloc in a press statement in view of the prejudice the explicit right of the province of Kurdistan and the violation of the agreements concluded between the Federal Government and the Kurdistan region in the past and encroach upon the principles fixed in the Constitution of Iraq, so we call project back to the federal government or a solution to these problems satisfactorily.

(more…)

Colorful lights are beaming and the tinsel is strung

A Christmas tree stands tall next to the stockings that are hung

In a simple manger baby Jesus lay swaddled in white

As three wise men stand near and praise his delight

(more…)

Student representative for the Islamic Supreme Council in the WIN National Alliance, on Thursday, the equality of the financial allocations between the provinces of southern Iraq and Kurdistan provinces, criticizing the government for not taken into account “the sufferings of the” people of the South in the development of the new budget year.

(more…)

Baghdad / 24 December (Rn) – The Central Bank of Iraq, said Friday that the government’s intention to borrow money from the cash reserve to address the 2011 budget will put the country in “economic quandary” in front of the international community.

(more…)

Kurdish lawmaker calls for the return of the government financial budget for the reformulation

Student representative for the Kurdistan Alliance, on Thursday, re-balancing of public finances for the year 2011 to the Iraqi government to be reformulated, as pointed out a budget deficit of 12 billion is expected to be covered through internal and external loans.

He said Mahma Khalilzad in an interview  “It was very important that the committee will be formed temporary economic examine the budget before presenting it to parliament,” pointing to “the existence of a budget deficit of 12 billion dollars, will be covered through internal loans and external. “

(more…)