Chief Executive of the Iraqi Stock Exchange, said on Sunday that it is expected to attract Iraq foreign investment this year more than it sold in the Stock Exchange of Iraq in 2010 shares worth up to $ 53 million.
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Archive for January 9, 2011
Iraq Stock Exchange expects to increase this year, investors
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Arbil, Baghdad, Business, Foreign direct investment, Investment, Iraq, Iraq Stock Exchange, middle east
The General Budget is not adopted scientific fact, and must be reconsidered
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Budget, Central Bank of Iraq, Fiscal year, Hafez, Hafiz, Iraq, Iraqi Kurdistan, kurdistan
Criticized Former minister of planning Mehdi al-Hafez, Sunday, the financial budget of the Iraqi state for the current year 2011 to non-reliance on scientific facts and realistic, while he described the Iraqi Central Bank as a budget larger on Iraq due to poor development activities, as indicated by the Secretariat of the Council of Ministers that the largest percentage of the budget that relies only on the export of oil will go to operational expenses.
Hafiz said that “the budget figures are not based on scientific grounds can not be taken as simple as that,” calling for a “re-consider what can be provided justifications for these numbers and financial allocations.”
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Capital (economics), Emerging markets, Executive director, IMF, India, International Monetary Fund, iPod, Saudi Arabia
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Council discussed the Executive Directors of the Fund International Monetary ways to reduce the volatility of capital flows across borders, and enhance their role in supporting economic growth and stability and the protection of the financial system, but differing views and attitudes of the case without reaching an agreement that allows change the terms of agreement Bretton Woods, who founded the IMF and World Bank international law, including allowing the establishment of an international legal framework to address the issues associated with the movement of so-called hot money capital.
Did not disclose the Board of Directors unveiled the nature of the differences, but only the reference in the statement that some managers indicated a willingness to discuss the amendment of the Agreement Constitution, while I felt the majority was that it was premature to begin discussions on the issue, before subjecting capital flows for further analysis, and study the practical experiences Member States.
Ministry of Finance: 90% of private banks operating within the guidelines of cash
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, banks, CBI, Central Bank of Iraq, Dinar, Iraq, kurdistan, Ministry of Finance, Private bank
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Baghdad, January 9 (Rn) – The Ministry of Finance of Iraq, Sunday, that more than 90% of private banks in the country operate according to distinct monetary controls, indicating that the Iraqi Central Bank has succeeded in the development of private banks during the last period.
Nujaifi receives the Secretary-General of the Arab League in parliament; Asks for Kuwaiti intervention
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Amr Moussa, Arab League, Arab people, Council of Representatives of Iraq, Iraq, iraqi list, Moses, Saudi Arabia
Nujaifi calls Moussa to intervene to resolve the Iraq crisis with Saudi Arabia and Kuwait, 9/1/2011 2:51 pm LINK
A source in the Information Service of the Council of Representatives, Sunday, that the Secretary-General of the Arab League arrived in the Iraqi parliament building, noting that the President of Parliament and a number of its members were received by Moses.
Parliament passes bill permitting 3 Vice Presidents
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Adil Abdul-Mahdi, Baghdad, Council of Representatives of Iraq, Iraq, Iraqi National Movement, Islamic Supreme Council of Iraq, Jalal Talabani, Vice President of Iraq
Baghdad, Jan. 9 (AKnews) – The Iraqi parliament passed a law on Sunday that allows the appointment of three vice presidents instead of the two previously permitted.
The parliament passed the law that allows three deputies for the president and that also gives parliament the power to question the president.
The law stipulates that the Vice Presidents must have university degrees.
Parliament adjourns after vote on three deputies; Will reconvene Tuesday to vote on committees
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Council of Representatives of Iraq, Foreign minister, Hoshyar Zebari, Hussain al-Shahristani, Interior ministry, National security, Nouri al-Maliki, Nuri al-Maliki
Council of Representatives
Adjournment of the parliament next Tuesday to twenty after the vote on the law of the Vice-President of the Republic
Raised the presidency of the Iraqi Council of Representatives, Sunday, the twentieth session of parliament chaired by speaker of parliament Osama Nujaifi and 275 deputies to attend on Tuesday, while the source confirmed that the meeting included a vote on the draft law the choice of three deputies to the President.
A source in the Information Service of the Council of Representatives in an interview for “Alsumaria News”, “parliament speaker Osama Nujaifi lift, on Sunday, the parliamentary session the usual twenty in the presence of 275 deputies, to be held on Tuesday,” noting that “the meeting witnessed a vote on the draft Code selection for Vice-President of the Republic. “
Adnan OS: a study to reduce the salaries of presidencies
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Canada, Council of Representatives of Iraq, Government, History, Iraq, National Alliance, Presidency, Salary
A member of the state of law Adnan OS for a study to reduce the salaries of presidencies. Sarraj said in a press statement: “The high salaries of the three presidencies will drain the state budget in addition to inflation in the number of state employees.
He pointed out that there is a study to reduce the salaries of officials of all grades, declaring its support to calls by some religious leaders and non-religious in order to reduce the salaries of the officials, adding that he will be responding to these calls.
House of Representatives vote on President of the Republics three deputies
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Adil Abdul-Mahdi, Amr Moussa, Arab League, Council of Representatives of Iraq, iraqi list, Jalal Talabani, Tariq Al-Hashimi, Vice-President of Brazil
Sunday, January 9, 2011 11:43
A source in the Information Service of the Council of Representatives, Sunday, that the Council voted for a law that sets the three Vice-President of the Republic after the lifting of paragraph of the law, as has been postponed the vote on the committees of the Council Aldaimip.
Economist Opinion: Iraq needs a new law to balance
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Central bank, Central Bank of Iraq, Deficit, Economic, Economy of Iraq, Government budget, Hafez, Iraq
The consensus among economists that the numbers which indicate its general budget is not based on criteria of financial or monetary, but are just random numbers used to the concerned authorities to arrange a year like this.
He said experts in a seminar organized by the Iraqi Institute of economic reform on the budget in 2011 – the need to make the budget a comprehensive vision for economic development of Iraq through research into the details of the doors of the budget.
Iraq: Legislature calls on Parliament not to pass new budget exceeding 78 trillion; Reduce elected officials salaries
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Aswat al-Iraq, Budget, Council of Representatives of Iraq, Iraq, Iraqi dinar, Iraqi Kurdistan, National Alliance, United States dollar, United States federal budget
January 9, 2011 – 12:55:18
BAGHDAD / Aswat al-Iraq: A legislature, representing the National Alliance, had called on the Parliament on Sunday not to pass the draft-law on Iraq’s 2011 budget, exceeding 78 trillion (t) Iraqi dinars, unless the high salaries of the three leading officials, Parliament Members and officials holding special degrees, be reduced.
Iraq to buy $26 billion worth of armaments from United States
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Amr Moussa, Baghdad, Hussain al-Shahristani, Iraq, iraqi list, middle east, RIA Novosti, United States
Iraq will buy armaments worth $13 billion from the United States by 2013 and will spend another $13 bn on weapons later, a Baghdad newspaper reported citing an Iraqi Defense Ministry spokesman.
Al Ittihad quoted Major General Mohammed Al Askari as saying that Iraq has already concluded a contract worth more than $13 bn with the United States.
Gulf News: Arab summit must be on Iraqi soil, says minister
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Amr Moussa, Arab League, Arab people, Baghdad, DUBAI, iran, Iraq, kuwait
Iraqi Foreign Minister Hoshyar Zebari stresses on importance of bringing Iraq back into the Arab arena
Dubai: This year’s Arab summit must be held on Iraqi soil, said Iraqi Foreign Minister Hoshyar Zebari.
In an interview with Al Sharq Al Awsat on Sunday, Zebari stressed the importance of bringing Iraq back into the Arab arena.
His comments came after a suggestion by Arab League Secretary General Amr Moussa to shift the summit to another location given Iraq’s sensitive security situation.
Talabani to attend high level economic summit Jan 19
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Amr Moussa, Arab Customs Union, Arab League, Arab people, Iraq, Jalal Talabani, kuwait, Sabah
Part of President Jalal Talabani, the head of the delegation of high-level official at the Economic Summit, social and development held in Sharm el-Sheikh on the nineteenth of this month.
The head of the Department of Studies and economic relations strategy of the Arab League Dr. Thamer Al-Ani’s »Sabah» the importance of Iraq’s participation in economic summit social development as an economy has an important and essential in the Arab system and must rely on large projects within the economic decisions of the Summit as an essential element in the economic system of the Arab League.
Sources: “The forces of the window,” the CBI to fight the rebellion against the government
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, bank, Central bank, Central Bank of Iraq, Finance, Government, Iraq, Wael Abdul-Latif
The central bank of Iraq for the presence of attempts by some political parties to keep him for the committees to protect Iraqi funds abroad.
A source familiar with the Central Bank to the existence of attempts by some political parties did not identify for removal from the committees that will shape the implementation of Resolution No. 1956 to 2010, pointing out that these bodies operate is intended to give the media leaks fabricated and untrue, for lack of jurisdiction of the bank in this command.
Maliki expected to assign remaining ministries next week; National Security Minister to be assigned later
Posted: January 9, 2011 in Iraqi Dinar/PoliticsTags: Abbas al-Bayati, al-Iraqiya, Ayad Allawi, Baghdad, Council of Representatives of Iraq, Iraq, Maliki, Nouri al-Maliki
Baghdad, Jan. 9 (AKnews) – Iraq’s Prime Minister Nuri al-Maliki is expected to call a special parliamentary meeting next week to vote on his cabinet’s remaining ministries.
Aknews
