22/01/2012 06:42
Three zeros formed state of the debate and questions among the circles of the citizens in the event of adjournment of the Iraqi dinar (more…)
Archive for January 22, 2012
Bill deleted three zeros from the currency carries a positive effect
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: CBI, Dinar, IQD, Iraq
IQPC: Banking Technology Summit, January 22-25 2012
Posted: January 22, 2012 in Iraqi Dinar/Politics, Top Headlines
Focus: Jordan, Iraq, Lebanon
Note: CBI's Shabibi is scheduled to speak on January 22 and 23, 2012
Note: January 22, 2012 will focus on Iraq's banking sector
Maximising security & customer experience through innovative technologies to empower your banking business
Rapidly changing business environment and economic instability are stimulating financial institutions to reshape their business strategies, look for innovative products and services, improve their risk management tools and strengthen customer trust.
Advisory board is discussing with the Committee on progress made in the donor-funded projects funds the World Bank and the United Nations
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, International Organization, Iraq, Iraqi government, Office of the Prime Minister, Politics of Iraq, United Nation, World Bank
22.1.2012 | (Voice of Iraq) – Add comments – Baghdad – where discussed the advisers with the Commission donors the progress of projects funded from the funds the World Bank and the United Nations to rebuild Iraq.
A statement of the Agency has received all of Iraq [where] the day that the committee donors of the International Fund for the reconstruction of Iraq, which was founded in 2004, held its twelfth meeting in the headquarters of the advisers in the Office of the Prime Minister chaired the meeting of the Danish ambassador in Iraq as a representative for the rest of the international donors to Iraq in the presence of the Special Representative of Secretary-General of the UN, Martin Kobler and Deputy Special Representative Christine McNab and a representative the World Bank in Iraq, Mary Helen Baraknal and a number of ambassadors from member states of the Donor Committee, the Ministry of Planning, and a number of experts and advisers in the body. (more…)
CBI seeks to restore confidence in the local currency against the dollar
Posted: January 22, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, exchange rate, Iraq, Iraqi Central Bank, Iraqi dinar, Saleh, United States dollar
Baghdad, 22 December for the second / January (Rn) – distanced the Central Bank of himself from the imbalance that has occurred in the mobility of the local currency on the rates rise and fall in the exchange rate, indicating that the intervention in the exchange rate of the dinar is part of creating a situation of trust in local currency, at the time described economists is that the correct administrative procedures relating to the sale and purchase of local currency.
The Iraqi Central Bank Governor Sinan Shabibi told the Kurdish news agency (Rn) that “the central bank moved recently to raise the Iraqi dinar exchange rate at the foreign currencies, particularly the U.S. dollar in order to restore confidence in local currency and create the opposite direction from the dollar to the spaces of the Iraqi dinar.”
Board Member of Rasheed Bank: CBI desires banking sector to be equivalent to banking elsewhere in the modern world but Iraqi banks need modern technology
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, bank, Central Bank Iraq, Iraq, iraqi, List of banks in Iraq, Technology, Trade Bank of Iraq
On: Sun 01/22/2012 12:01
Baghdad (news) .. Called a board member Rasheed Bank Hussein Kazaz need to use modern technology in the work of Iraqi banks linking of banks communication network among themselves, or activation of the system banks, telephones and the Internet to facilitate the banking business in Iraq.
He Kazaz in a statement to the Agency (news) on Sunday: The Iraqi banks two branches of government and private sectors lack the techniques technological modern and enjoyed by most of the banks, the World Central Bank of Iraq has a desire to enter the banking systems of the world in the work of Iraqi banks, but faces obstacles in the implementation process as a result of difficulty in adapting these banks on these new technologies. (more…)
MP Dani: Activating the laws supporting the Iraqi economy has become necessary at the present time
Posted: January 22, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Consumer protection, Economic Commission, Economy of Iraq, Iraq, Law, Sunday, Tariff
Baghdad (news) .. Confirmed by the Economic Commission deputy / coalition in Iraq / Nahida Daini on the importance of activating the laws supporting the Iraqi economy at the present time Kaltarifah customs and the protection of the domestic product and consumer protection.
The Daini told the reporter Agency (news) on Sunday: We desperately need at this time to activate all the laws that support the local product and limit the import of random goods into law the customs tariff and legal protection of the domestic product and consumer protection in order to support the Iraqi economy and promotion. (more…)
Iraq’s former Minister of Planning criticizes the current monetary policy for Iraq
Posted: January 22, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central Bank Iraq, Economic policy, Finance, International Monetary Fund, Iraq, middle east, Saudi Arabia, Unemployment
The Minister of Planning and credit of the former Iraqi Mahdi Al-Hafiz, the vital importance of any annual financial budget lies in the fact that an economic tool to ensure effective distribution of financial resources in the form of sound and meet the objectives of social and development policy as a political system and its principles.
Hafiz said the reporter and the news agency Saturday that the future “There are dilemmas such as if the circle chronic unemployment rate ranged between 20 and 30 percent, and low standard of living and lack of public services and the spread of corruption and cronyism on a large scale.” (more…)
Economists criticize 5-yr plan and confirms the high level of poverty in Iraq
Posted: January 22, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Alsumaria News, Baghdad, Economy of Iraq, Iraq, Millennium Development Goals, Poverty threshold, Rural area, Saturday
Criticized a number of economists, Saturday, five-year plan launched by the Ministry of Planning to eradicate poverty and raise the standard of living of the Iraqi people, considering that the actions taken by the government did not reduce the poverty rate in the country.
He said economic expert at the Institute of Economic Reform Ala Fahd in an interview for “Alsumaria News”, on the sidelines of a seminar hosted by the Institute in Baghdad on human development indicators in Iraq, “The five-year plan announced by Iraq in 2010 was based on realism, objectivity and universality, as well as the lack of suitable ground for the political and security situation in the country, “noting that” This plan did not reach the goal that was organized for him. ” (more…)
Nahida Daini: House of Representatives would require two months to approve the budget for fiscal year 2012
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Finance, House of Representatives, Iraq, iraqi list, kuwait, Ministry of Industry, United States House of Representatives
Sunday, 22 January 2012
I expected an MP for the Iraqi List coalition Nahida Daini that requires the House to two more months to be able to approve the financial budget for 2012 because of disagreements of it. “
She told all of Iraq [where] the day that the budget balance in 2012 and unilaterally dependent on oil as a resource and a single, essential and there is nothing new, although the magnitude. “
The MP expressed surprise at the National Alliance of Non-Hmoal budget in 2012 Pt_khasasatha new investment projects “afterthought” that the money that was allocated for investment in this year is to complete the projects last year.
MP Araji: Will not vote on the budget in the House unless the distribution ratio of oil imports to the Iraqi people
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Baha Araji, Iraq, Iraqi people, Ministry of Finance, Moqtada al-Sadr, Muqtada al-Sadr, Sadrist Movement
Alsumaria News / Baghdad announced the mass free of the Sadrist movement, on Saturday, they will not vote on the budget in the House unless the distribution of the proportion of oil revenues on the Iraqis, indicating that it will find an ally on this issue within the parliament.
The head of the bloc in parliament, Baha Araji, in an interview for “Alsumaria News”, “There are many comments on the General Budget Law for 2012,” noting that his bloc “will not vote on the budget in the House unless the distribution ratio of oil imports to the Iraqi people. “
Araji said that the “These imports can be distributed as a first step on a layer or slice of people who do not have a monthly salary or monthly income is less than 400 thousand dinars,” adding that “this requirement within the demands called for by the cleric Moqtada al-Sadr in the earlier” . (more…)
Iraq sweeping Arab Stock Markets in profit despite crises
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Arab, Bahrain Stock Exchange, Casablanca Stock Exchange, Damascus, Iraq, Iraq Stock Exchange, ISX, Kuwait Stock Exchange, Qatar Exchange
Showed statistical publication Arabic site dedicated stock exchange, on Saturday, Iraq’s sweep of the Arab Stock Exchange in terms of profit last year despite the conditions of security Almtkhalkhalh.
Iraq promised, according to statistics, the biggest gainers in the Stock Exchange last year, shares in the profit rate reached about 35%.
The site posted a “numbers” seen by the results of the Gulf “Twilight News” noted that “the Iraq Stock Exchange is the biggest gainers in the stock market in 2011 was an average of 35%, while the share of Qatar Exchange is a small percentage of 3.0%.”
According to the site, the reason for this is “the impact of the political situation of the Arab revolutions impact directly on the Stock Exchange of countries that have taken place where these revolutions.” (more…)
Parliamentary Finance Committee finds half of the $7 billion missing from the 2012 budget
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Budget, Finance Committee, Finance Ministry, House of Representatives, Interior ministry, Iraq, United States House of Representatives, United States Senate Committee on Finance
22/01/2012
A member of the Finance Committee in the House. . Attorney Ibrahim al-Mutlaq said his commission has been able to find half of the seven billion dollars, equivalent to eight trillion dinars, which announced the disappearance of the House of Representatives of the budget in the previous period. . And she spent incorrectly in the Ministries of Interior and Education.
Mutlaq said to the reporter (and independent Iraqi news agency) that has been allocated 2011 budget amounts were withdrawn from the budget of 2012 to meet the requirements of the spending This mistake has been committed One can not withdraw money from the budget the following year Thus, we found that there are two ministries have carried out the withdrawal of money from the budget of 2012, are calculated and the Interior and Education ] (more…)
CBI Daily Currency Auction Jan 22 2012: $200 million (even)
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Auction, Central bank, Central Bank Iraq, Currency, Dinar, exchange rate, Iraq, Iraqi dinar
The latest daily currency auction was held in the Central Bank of Iraq on the 22-JAN-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 24 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 200,000,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 200,000,000 |
| Total offers for selling (US$) | —– |
Calls for adherence to the Constitution in resolving the political differences
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Democratic Patriotic Alliance of Kurdistan, Iraq, iraqi, iraqi list, National Alliance, National Congress, Political coalition
Recommended by representatives of political blocs and activists in civil society organizations yesterday to uphold the Constitution as a reference key to resolve all differences. And established the Academy of Folke Bernadotte Swedish specialized studies on dialogue, democracy and promote peace and dialogue in the world and two workshops for political dialogue in Baghdad under the auspices of Deputy Prime Minister Ruz Nuri Shawis the aim of bringing views and promote dialogue and assistance definition in ways that manage and communicate with others.
A statement of the Office of Shaways that he participated in two dialogue representatives of the major political blocs in parliament of the National Alliance and the Iraqi List and the Kurdistan Alliance, and political, social and activists in civil society organizations. (more…)
State of Law MP: Maliki’s popularity has increased during the current political crisis
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Ayad Allawi, Iraq, iraqi, iraqi list, Maliki, Nouri al-Maliki, Prime Minister Nuri al-Maliki, Saleh al-Mutlaq
Deputy ruled out a coalition of law, Sunday, influenced by a popular leader, Prime Minister Nuri al-Maliki’s coalition, the current political crisis experienced by the country, in what was considered the political consensus that hampered many of the legal and judicial procedures against politicians and officials in the state.
Said Fouad Alldorki in an interview for “Alsumaria News”, “Offices of the Dawa Party, and sensors of public opinion for the party confirmed in leaves no room for doubt that the popularity of Prime Minister Nuri al-Maliki, has increased over the past few weeks,” unlikely “influenced by the popularity of Prime Minister crisis, the current political “.
He Alldorki that “the Iraqi street knows details of the current political crisis, and that Maliki is not a reason for it, but demanded by virtue of its responsibilities to the implementation of law and protection of the judiciary,” asserting that “the political consensus was a reason to block many of the legal and judicial procedures against politicians and officials in the state.” (more…)
Parliament votes next Monday on five draft laws
Posted: January 22, 2012 in Iraqi Dinar/PoliticsTags: Bill, Council of Representatives of Iraq, Iraq, Iraqi Council of Representatives, Monday, Reading, Republic of Iraq, Saturday
A parliamentary source said on Saturday that the Iraqi Council of Representatives will vote during its 15-to be held next Monday on five draft laws, as well as for the second reading of a proposed amnesty law, as pointed out that the Council will continue discussion of the draft budget bill for the current year 2012.
The source said in an interview for “Alsumaria News”, “House of Representatives will vote during its 15-second legislative term of years of legislative II, which will be held next Monday on a draft law on Iraq’s accession to the International Convention against Doping in Sport, and the draft law of Iraq to the United Nations Convention the rights of persons with disabilities, “noting that” the Council during the meeting also will vote on a bill the Fourth Amendment to the Law of maintenance of irrigation and drainage No. (12) for the year 1995 average. ” (more…)
