Archive for February 5, 2012

05 February, 2012 08:18:00

The process the U.S. Agency for International Development to provide support for the Iraqi government in the reform of the laws of economics through the program thread.

The project aims to remove all unjust laws and process that reflect adversely on the economy in Iraq. (more…)

05/02/2012 15:39
Baghdad, February 5 (Rn) – The Central Bank of Iraq, Sunday, what is available for hard currency has more than three times the needs of the Iraqi market, indicating that the Bank is exposed to media ”rumors”  meant to destabilize the national economy.

And saw the price of the dollar compared to a rise in local currency during the past few days, which officials attributed to a local banking companies, the central bank to stop sales of hard currency.

And picked up local media for widening the sale of hard currency to Iranian businessmen at border crossings, especially in the province of Maysan, unless confirmed by the Central Bank of Iraq. (more…)

SUNDAY, FEBRUARY 5, 2012

Announced the Economic Committee in the House of Representatives, Thursday, for the House of Representatives decided to allocate its for tomorrow fully to discuss the budget, indicating that not to send the final accounts for previous years and from 2011 by the government was one of the main reasons of the delay in approving the budget.

A member of the Committee of Economy and Investment parliamentary Abdul Hussein Abtan for “Twilight News”, “the President of the House of Representatives responded to the request of the Economic Commission to allocate a hearing on Monday to discuss the entire budget.” (more…)

05/02/2012 09:26

Baghdad, February 5 (Rn) – The Finance Committee of the Iraqi Council of Representatives, Sunday, the federal budget for 2012 will be ready to vote next week, while confirming that not put to the vote this week goes back to the study of all sections of the transfers of funds based on proposals of the committees and political blocs.

and the opening of the House of Representatives debate at a meeting yesterday on the paragraphs of the federal budget for 2012 as announced political blocs, they will not vote on the project unless it includes demands. and calls for the Sadrist movement to include a paragraph in the budget enables the distribution of part of the budget on the citizens directly, while demanding Kurdish Alliance include increased allocation of Article 140 of the Constitution, and the financing of border guards (Peshmerga) of the federal budget. (more…)

Sunday, February 5, 2012 12:32

Baghdad {: News} Euphrates MP for the coalition of state law Mohammed Chihod that the draft budget law for the financial year for Gary will be presented to a vote in the House of Representatives during the next two weeks.

The House of Representatives has completed the first reading of draft budget for fiscal 2012 and continues in the second reading after being approved by the government late last year.

He told Chihod {Euphrates} News on Sunday that “the financial budget bill took a long time in the study took place around a lot of debates in the House of Representatives and the discussions that went into the final stages.” (more…)

New procedures for the Iraqi Central Bank about the sales of the dollar

Central Bank of Iraq began this week, the application of new measures over the sales of the dollar, according to a senior official said the bank told AFP on Saturday, which led to a significant reduction in the rates of selling currency.

The decision comes amid suspicions of Iraqi officials about attempts to Iranian and Syrian traders buy the currency this difficult because of the sanctions imposed on both Iran and Syria, the depreciation of local currency in these two neighboring countries of Iraq. (more…)

On: Sun 02/05/2012 11:00

Addressed the Economic Committee in the Iraqi parliament, central bank official, to stop the sale and the
dollar auction. Committee Chairman Ahmed al-Alwani

The Committee addressed the central bank to stop the sale and the dollar auction until the issuance of instructions determine which authorities have the right to deal with hard currency, to ensure that leaked out of Iraq.

He added that officials in the Iraqi Central Bank confirmed that they now are developing a new mechanism to participate in the bids on buy the dollar, and how they will exchange the dollar and hard currency, and we will follow up this subject first hand in order to preserve cash reserves of Iraq.

(more…)

05/02/2012 13:57

Baghdad, February 5 (Rn) – The Finance Committee in the Iraqi parliament on Sunday, it is working in cooperation with the Ministry of Finance on the recovery of Iraq’s foreign debt during the month of March next.

Said committee member Najiba Najib told the Kurdish news agency (Rn) that “the Finance Committee representative is currently working on the recovery of Iraq’s money during the month of March next, will host the director of public debt in the Ministry of Finance for the necessary information for a project of recovery of Iraqi funds abroad and at home as soon as possible “. (more…)

On: Sun 02/05/2012 12:08

Warned parliamentarians and economists of the increasing phenomenon of entry of counterfeit currency and replace it with hard currency for the benefit of which is under international sanctions and suffering from Tdhorammeltha cash, because it will lead to an economic problem difficult to solve in the country and crush the currency national.

and inviting during the talk (of the Agency Alkhbaria news) to the need for controls and the laws and control the border crossings to reduce the deliberate draining hard currency from Iraq.

A member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq: The phenomenon of entry of counterfeit currency by neighboring countries and replace them with hard currency will lead to economic disaster is difficult to avoid. (more…)

04.02.2012
Said economic expert Hilal Taan impossibility of application of the mechanism for distributing money from the oil resources of citizens, as called for by the cleric Moqtada al-Sadr.

said Taan that the general economic situation of Iraq is not allowed to distribute money to citizens, as this will contribute to the aggravation of inflation, indicating to the possibility of achieving this requirement when there is economic stability in the country. (more…)

Baghdad, February 5 (Rn) – The Iraqi government said on Sunday that discuss the issue of the establishment of the Kuwaiti port of Al-Mubarak will be displayed in the visit of Prime Minister Nuri al-Maliki’s visit to Kuwait.

It is hoped that the visit of Prime Minister Nuri al-Maliki, Kuwait at the beginning of the month of April next.

The chancellor said in the office of Iraqi Prime Minister Mary Rayes told the Kurdish news agency (Rn) that “Prime Minister Nuri al-Maliki, Iraq will be put fears of damage to the establishment of maritime port and puts the Mubarak settlement solutions.” (more…)

SUNDAY, FEBRUARY 5, 2012

Presidency of the Republic announced, Sunday, on the meeting of the Preparatory Committee which includes representatives of the three main parliamentary blocs in preparation for the National Conference.

A statement issued by the Presidency of the Republic received the “Twilight News”, a copy of it, that “in light of the meetings held by His Excellency President Jalal Talabani, it was agreed to call a meeting of the Preparatory Committee which includes representatives of the parliamentary blocs, the three main, the National Alliance and Coalition and Iraqi Kurdistan, which falls on Monday 06/02/2012 evening at the headquarters of President of the Republic in Baghdad. “

The Committee which was formed in order to boot to meet the national expanded had its first meeting held in the presence of the President and the Prime Minister and Chairman of the House of Representatives middle of last month.

http://bit.ly/xE5Fbe

Sunday February 5, 2012
Vice reduces the importance of access to the Salafist Kuwaiti National Assembly and its effect on Iraq

Reduce the Kurdistan Alliance MP Farhad Atrushi Sunday, the importance of access to the Salafist Kuwaiti National Assembly and the fear among Iraqi politicians because of the refusal Salafis drive Iraq from Chapter VII.

Atrushi and told the news public opinion (and babysit) said: “The rise of a certain stream and the arrival of a certain political movement to the House of Representatives and swept the elections in accordance with the Kuwaiti National Assembly largely does not necessarily mean sacking of political views there.” (more…)

Sunday February 5, 2012
National Alliance expresses his fear of the Iraqi-Kuwaiti relations cooled after the inauguration of ancestors of the rule

The deputy of the National Alliance Shaker Darraji feared the exposure of the Kuwaiti-Iraqi relations to destabilize and take over after the cooling of the Kuwaiti National Assembly Salafis. (more…)

VietFinanceNews.com – Industry insiders are expecting a more stable dong-dollar exchange rate and stricter dollar lending in 2012.

In early 2012, State Bank (SBV) governor Nguyen Van Binh confirmed the foreign exchange market would be on an even keel with the dong-dollar exchange rate fluctuating between 2 to 3 per cent in the year.

Binh also forecast a surplus of around $3 billion in the country’s general balance of payments in 2012.

SBV’s Ho Chi Minh City branch deputy director Nguyen Ngoc Thang assumed the city’s foreign currency market was relatively stable with a sharp fall in dollar speculation against some previous years. (more…)

Baghdad (news) .. Embarked on the Ministry of Communications to the implementation of the SEA to ensure communication with all parts of the world and the development of the Internet service with Europe and Asia and provide a source other financial state in furtherance of the Iraqi economy.

A spokesman for the Ministry of Communications Samir Ali Hassoun (of the Agency news) said on Sunday: has the direct implementation of projects, extension cables and significant information through the cables of light and freedom through the neighboring countries to Iraq to link the connections Asia with Europe via Iraq via extension cables Informatics, where the cables through Turkey and Syria, to Europe and then through Iran and Saudi Arabia and the Persian Gulf to reach Asia. (more…)

Sunday February 5, 2012

BAGHDAD / babysit – The member of the Iraqi claim that Muhammad Al-Khalidi Iraq signed a new agreement between the political blocs to Schrj by the National Congress of its obligations to document and application.

He said Khalidi told (radio public opinion) on Sunday: “There was a bitter experience in previous agreements when he was signed by leaders of political blocs only and Iraqi demanding the signing of all the political blocs to come out by the National Congress of the agreements.” Arguing that the previous period was see significant differences and ambiguity on the mechanism of implementation of the agreements signed by the leaders of political blocs Kklari and al-Maliki and Barzani. ” (more…)

Sunday, February 5, 2012 10:44

Said member bloc were part of the Liberal National Coalition Uday Awad that the reasons for the spread of senior management acting in the government is the lack of consensus between the political blocs are in violation of the law

Awad said in a statement to all of Iraq [where] that “high-level positions may not be managed agency of their importance in the stability of political and security situation in the country and, if not end the dispute between the political blocs will remain of these positions are managed in this way,” adding that “the Secretariat of the Council of Ministers issued a statement providing for the non high-level positions to keep the agency after 6 months of receipt and this is a contradiction because the General Secretariat of the Council of Ministers themselves are run agency 6 years ago, “he said. (more…)

announced the Ministry of Planning and Development Cooperation of Iraq, Sunday, on the modernization of the National Development Plan for the years 2010 – 2014 according to the variables of the new to be for the period 2013 – 2018, indicating that the five-year plan the past were not the level of ambition.

said ministry spokesman Abdul Zahra al-Hindawi said in an interview “Alsumaria News”, “The ministry has obtained the approval of the Council of Ministers to update the National Development Plan Five-Year for the years 2010 -2014 according to the variables of economic, social, political and international,” noting that “the five-year plan will be for the years 2013 – 2018.”

He al-Hindawi, that “the ratios achievement in the development plan Five-Year declared by Iraq and was working out in 2010, were not up to the ambition because of unstable conditions on the political and economic levels, forcing the update, “noting that” the ministry had set up task forces to develop a new plan based on the data fixed achieved in the country. ” (more…)

Report showed the growth of global private sector economy, the highest level in 11 months in January to promote new projects, prompting companies to hire more staff.

The index rebounded world GDP, which puts him good. Morgan in collaboration with research institutions and institutes to manage the procurement of up to 54.6 from 52.7 in January and remains above the level of the fifty that separates growth from contraction.

The services sector index rose to 55.4 from the World 53.0. (more…)

Baghdad, February 5 (Rn) – A member of the Economic Committee in the Iraqi parliament Sunday to “solve” the two companies of the two supermarkets and trade cars, machinery, both belonging to the Ministry of Commerce. He must integrate employees of other companies.

Iraq desperately needs to hold thousands of labor-backed companies in the government or private sector companies to absorb part of the unemployment. (more…)

Culture and Information parliamentary: the law change the national anthem and the flag soon on the agenda of the House of Representatives
Sunday, February 5, 2012 13:34

The Chairman of the Committee on Culture Media and parliamentary law is to change the national anthem and the flag will soon be on the agenda of the Council of Representatives.

Alfalh said in a statement to all of Iraq [where] he was “an agreement was reached on changing the national anthem in previous sessions and The Committee agreed to be the national anthem of the united Iraqis of all stripes, and that refers to the history of Iraq, “adding that” the Subject to change science needs to study with professionals in this area to get out several designs presented to the House of Representatives to choose one of them. ” (more…)