Shabibi said that according to the Constitution, the central bank is responsible before the House of Representatives exclusively without other authorities., Stressing “that the bank is independent in its functions and instructions from any institution or body in addition to that he enjoyed financial independence, noting” that the relationship with the government Consultation on financial matters.
Archive for February 1, 2011
Central Bank Governor: fear of the repercussions of the Federal Court decision, especially at the international level
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Business, Case law, Central bank, Finance, Financial services, Government, Iraq, Jalal Talabani
You can not have four presidencies in Iraq
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Ayad Allawi, Iraq, iraqi list, Iyad Allawi, Maliki, Nouri al-Maliki, President of the United States, Prime Minister of Iraq
A member of the National Alliance MP for the Virtue Party Hussein Mura’bi he can not have four presidencies in the country, so must be the leader of Iraq, Iyad Allawi, secretary general of the Policy Board of Higher Strategic, pointing out that this needs to be legislation and amendment to the Constitution.
Alsumaria News revealed earlier decision of the Federal Court is contrary to its very last link on the bodies
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Case law, Constitution of Iraq, Council of Representatives of Iraq, Council of the European Union, Federal Supreme Court of Switzerland, Iraq, National Communications and Media Commission of Iraq, United States federal courts
I got “Alsumaria News”, a copy of the book issued by the Federal Supreme Court in 2006, a response to a query from the Integrity Committee in the previous parliament about the meaning of independence contained in Article 102 and the difference between what is contained in Article (102) and Article (103) of the Constitution Iraq.
Shows the response of the Court a clear contradiction with the recent resolution issued on January 18 last, Judge attachment to independent bodies of the Cabinet and not the House of Representatives.
Assures the book issued on the ninth of October 2006 and signed by Judge Medhat al-Mahmoud President of the Federal Supreme Court – the President of the Supreme Judicial Council, that “the Integrity Commission under the control of the House of Representatives in the performance of its functions and that the latter has its own reckoning,” asserting that “the integrity runs itself themselves in accordance with its domestic law, like the central bank, which has this independence. “
Federal Court: Law of Central Bank of Iraq protected by the intervention of any point of his work
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Case law, Central Bank of Iraq, Constitution of Iraq, Federal Supreme Court of Switzerland, Iraq, iraqi list, National Communications and Media Commission of Iraq, United States federal courts
Federal Supreme Court confirmed on Tuesday that its decision to link independent bodies under the chairmanship of the Council of Ministers does not violate their autonomy, but is to link these bodies structure of the State to the Council of Ministers or Parliament or the judiciary, stating that the Central Bank to protect it from any point of trying to interfere with his work, uncertain that critics of the decision see him from partisan corners.
A spokesman for the Federal Supreme Court, Abdul Sattar Bayraktar said in an interview for “Alsumaria News”, “The decision of the Federal Court decision to link independent bodies under the chairmanship of Minister does not violate their autonomy, but to link these bodies structure of the State if the Council of Ministers, or Parliament, or the authority jurisdiction, “noting that he” is not permitted to be any body outside the structure of the state that was independent. “
Alsumaria News revealed earlier decision of the Federal Court is contrary to its very last link on the bodies
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Case law, Constitution of Iraq, Council of Representatives of Iraq, Council of the European Union, Federal Supreme Court of Switzerland, Iraq, National Communications and Media Commission of Iraq, United States federal courts
Alsumaria News / Baghdad
I got “Alsumaria News”, a copy of the book issued by the Federal Supreme Court in 2006, a response to a query from the Integrity Committee in the previous parliament about the meaning of independence contained in Article 102 and the difference between what is contained in Article (102) and Article (103) of the Constitution Iraq.
Baghdad Arab Summit will be held on schedule, Egypt’s events won’t affect it, MP says:
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Arab, Arab people, Arab World, Baghdad, Egypt, Iraq, national coalition, Tunisia
2/1/2011 11:24 AM
KARBALA / Aswat al-Iraq: The next Arab Summit shall convene in Baghdad in its scheduled time next March and the current incidents in Egypt or any other country won’t affect its holding, the Legislature from the National Coalition, Abdul-Mahdi al-Khafaji said on Tuesday.
Maliki pledges CBI independence while under ministers authority
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: CBI, Central Bank of Iraq, Iraq, Maliki, Nouri al-Maliki, Office of the United Nations High Commissioner for Human Rights, Prime Minister of Iraq, Saddam Hussein, Shia Islam
Maliki vows to central bank independence and authority elections
Palm – Nuri al-Maliki pledged to Prime Minister of Iraq that the development of independent bodies like the Central Bank under the authority of the Council of Ministers would not harm their independence.
He was re-Maliki took a second term in December under the Convention on the fragile division of power between political parties, Shiite and Sunni, Kurdish, and the effects of the court ruling was criticized by opponents fear that the Shiite leader wants to strengthen his authority.
Report Lists Perils for Envoys After U.S. Leaves Iraq
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Iraq, Iraqi people, James Franklin Jeffrey, Senate Foreign Relations Committee, United Nations Security Council, United States, United States Senate Committee on Foreign Relations
The United States will not be able to protect its diplomats in Iraq adequately if it sticks to the plan to withdraw its last 50,000 troops by December, potentially hindering American efforts to reach out to the Iraqi people, according to a new report by the Senate Foreign Relations Committee.
Read the rest of the story: http://nyti.ms/gx2ZBq
UN Operational Rates of Exchange Effective February 1; Next scheduled change Feb 15
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Angolan Kwanza, Central bank, Central Bank of Iraq, exchange rate, International Monetary Fund, Iraq, Iraqi dinar, World Bank
Schedule of UN Operational Rates of Exchange
The Operational Rates of Exchange were last updated for the effective date of 01 Feb 2011.
The next scheduled change will be effective 15 Feb 2011 (print date 11 Feb 2011)
See below for exchange rate table
Finance Committee’s 2011 budget meeting postponed until tomorrow
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Agriculture, Baghdad, Council of Representatives of Iraq, Finance Committee, Iraq, kurdistan, United States federal budget, United States Senate Committee on Finance
A member of the parliamentary Finance Committee said on Tuesday that the meeting scheduled for today to discuss the federal budget has been postponed until tomorrow because the minister of Agriculture was unable to attend.
The Finance Committee are planning to assess the monetary needs of the Agriculture ministry in order to allocate appropriate funds to ensure the development of the Iraqi agricultural sector.
Legislator expects endorsing Financial Budget of 2011 in February
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Council of Representatives of Iraq, Economic, Iraq, Iraqi Kurdistan, National Iraqi News Agency, Politics of Iraq, Price of petroleum, United States Senate Committee on Finance
MP, Arkan Zebari, expected “To endorse the Federal Financial Budget of 2011 on next February.”
He stated to the National Iraqi News Agency (NINA) “The reason behind the delay in endorsing the budget on last period is the change of the oil prices as well as the Premier’s request to add and amend some issues within the budget.”
Vietnam: Tough cure needed for ailing forex market
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Currency, dollarization, exchange rate, Monetary policy, State Bank of Vietnam, United States, Vietnam, Vietnamese đồng
VietFinanceNews.com – Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy and to monetary management. From a monetary aspect, the question is how will the exchange rate mechanism help cure this pain?
Inflation and monetary policy in Southeast Asia
Posted: February 1, 2011 in Asian Currency MarketsTags: Asia, Bank of Thailand, Central bank, Central Bank of Myanmar, Inflation, Monetary policy, Philippines, Southeast Asia
VietFinanceNews.com – Consumer prices are going up in Southeast Asia as countries recover from the global slump, with food and fuel inflation a particular concern in some, meaning central banks will probably have to tighten monetary policy.
Thailand raised its policy rate in January, its fourth increase since July 2010, and economists expect another rise in March. Vietnam, which is struggling to prop up its currency, raised rates in November and may have to raise them again after the Tet holiday this month.
Speculation is growing that Indonesia’s central bank will tighten policy on Friday.Below is a snapshot of Southeast Asian inflation trends and how policymakers are responding. (more…)
Iraq: a debate about the link independent bodies of the Cabinet
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Case law, Central Bank of Iraq, Constitution of Iraq, Council of Ministers of Iraq, Council of Representatives of Iraq, Federal Election Commission, Iraq, United States federal courts
Baghdad, February 1 (Rn) – still the Federal Court decision on linking independent bodies Iraqi cabinet minister cast a shadow on the political scene in the country, at the time promised to the Electoral Commission, the decision “dangerous” and called for a retreat with him, he saw the deputy he was “binding” for all.
And the Federal Court on 18 of the past month, a decision to link with independent bodies under the chairmanship of cabinet and not under the chairmanship of the House of Representatives.
Iraq seeks permanent membership of WTO
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Commercial policy, Council of Representatives of Iraq, Economic, Iraq, middle east, Morocco, World Trade Organization, WTO
Baghdad, Feb. 1 (AKnews) – The director of economic relations in the Federal Trade ministry said on Monday that his ministry backed the World Trade Organization (WTO)’s decision to enter into a third round of negotiations over granting Iraq permanent membership.
Hashem Hatem told AKnews that Iraq is working according to a well-prepared plan to raise its status from observing member to permanent member of the WTO without affecting the country’s internal economic situation.
Nujaifi President discusses with the Prime Minister of the outstanding issues in the political process
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Council of Representatives of Iraq, House of Representatives, Iraqi Council of Representatives, Maliki, Nouri al-Maliki, Nuri al-Maliki, United States House of Representatives
President met with the House of Representatives by Mr. Osama Abdel-Aziz al-Najafi, Prime Minister Nuri al-Maliki and discussed with him the general political situation and the outstanding issues in the political process, and the work of the parliament and government, and the relationship between them.
House of Representatives is hosting heads of independent bodies to discuss the decision of the Federal Court; Parliament to reconvene Thursday
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Case law, Central bank, Council of Representatives of Iraq, Electoral Commission, federal court, Government, House of Representatives, United States federal courts
Hosted the House of Representatives in its regular Twenty-seventh, which was held under the chairmanship of Mr. Osama al-Chairman of the Board of Deputies today Tuesday, 02/01/2011 Heads of the Integrity Commission and the Independent Higher Commission for Elections and the media and communications in addition to the Governor of the Central Bank to discuss the Federal Court decision on the independent bodies.
Independent bodies first public confrontation between the parliament and the government
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Democratic Patriotic Alliance of Kurdistan, Electoral Commission, Federal Supreme Court of Switzerland, Iraq, Maliki, National Alliance, Nouri al-Maliki, United States federal courts
Discusses the House of Representatives in its resolution today, the Federal Court judge attachment to independent bodies of the Cabinet amidst conflicting views on the subject.
Some observers believe the resolution will be the first confrontation between the parliament, which he considered as prejudicing the constitution and independence of the bodies, and the new government, which you can find just a legal opinion in order to organize the work of state institutions.
Parliamentary source: the Finance Committee to postpone its meeting tomorrow to attend and could not be Ziralzraap
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Council of Representatives of Iraq, Finance Committee, Fiscal year, Iraq, Kurdish people, Minister of Water Resources, United States Senate Committee on Finance
Confirmed a member of the Finance Committee in the Iraqi Council of Representatives, Tuesday, the committee postponed its meeting until tomorrow, because it could not attend and the minister of agriculture concern the meeting of prime minister.
A member of the Finance Committee for a coalition of Kurdish blocs Najeebeh Najib told the Kurdish news agency (Rn) announced today that “The Finance Committee discussed the redeployment of some of the money from the door to another door, within the budget year 2011 of money that can be transfers were without it having an impact.”
Maliki vows to central bank independence and authority elections
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Central Bank of Iraq, Iraq, Maliki, Nouri al-Maliki, Prime Minister of Iraq, Saddam Hussein, Shia Islam, United States
Maliki has promised the Iraqi prime minister Monday that the establishment of independent bodies like the Central Bank under the authority of the Council of Ministers would not harm their independence.
He was re-Maliki took a second term in December under the Convention on the fragile division of power between political parties, Shiite and Sunni, Kurdish, and the effects of the court ruling was criticized by opponents fear that the Shiite leader wants to strengthen his authority.
Maliki told the heads of independent bodies that would like to assure them and all Iraqis that the rule of the Federal Court will not deprive the independent agencies of independence in any way as long as they abide by the laws of the government.
Parliament says that the budget was discussed some of its clauses have been traced back to the Council of Ministers
Posted: February 1, 2011 in Iraqi Dinar/PoliticsMP Mohammed Burhanuddin that the budget of 2011 discussed some of its clauses to host the Minister of Finance of the parliamentary session, has been traced back to the Council of Ministers of the amendment and forwarded it to parliament for ratification.
Ministry of Transport: Maliki sent his private jet to transport the Iraqis from Egypt
Posted: February 1, 2011 in Iraqi Dinar/PoliticsTags: Cairo, Cairo International Airport, Egypt, Iraq, Iraqi Airways, Maliki, Nouri al-Maliki, Politics of Iraq
A spokesman for the Ministry of Transport said that Prime Minister Nuri al-Maliki sent his private plane to Cairo International Airport for the transfer of Iraqis living in Egypt and returned to Iraq in light of the events taking place in Egypt.
The move comes at a time and decided to evacuate the Iraqi Ministry of Transport of Egypt for free over the Iraqi Airways.
In a report from Cairo that the first Iraqi aircraft from the aircraft allocated by the Iraqi government, left the airport in Cairo this afternoon carrying the Iraqis decided to return home.
It is scheduled to be tonight and tomorrow, transport and meals of other Iraqis who gathered at the Cairo airport in the aircraft to Iraqi Airways.
