04/15/2012
BAGHDAD / JD / .. According to a member of the Finance Committee’s parliamentary Haitham Jubouri take two steps the Iraqi Central Bank to raise the price of the Iraqi dinar and weighed against the U.S. dollar.
Jubouri said L / JD / “The central bank has taken two steps is to first new controls on the value of the transfer and identify external electronic point of arrival and will go to any country,” and secondly “to keep the bank with $ 65 billion in capital.” (more…)
Union: denied a source close to the Governor of Central Bank of Iraq, Saturday, the governor flight out of Iraq, explaining that he went to Switzerland to meet his family, before heading to the United States to attend the consultations for the spring conference of the International Monetary Fund on official business.
He said a source close to the Governor of Central Bank of Iraq (Voices of Iraq), that the Iraqi Central Bank Governor Sinan Shabibi “went on Friday to the United States, accompanied by a number of Iraqi officials to attend the consultations for the spring conference of the International Monetary Fund.” (more…)
On: Saturday 04/14/2012 18:10
One of the administrative organization of the country after the overthrow of Saddam’s development of independent bodies in a move unprecedented in the country to strengthen the democratic system and to expand participation in decision-making and making and policy-making, and the prevention of dedication, however, a specific destination and therefore exclusivity in the rule of the Iraqis and determine their own destinies of these bodies the Iraqi Central Bank which paints a monetary policy, has the text of the Constitution (is all of the Iraqi Central Bank, the Office of Financial Control, and Communications and Media Commission, and the Endowment bodies financially and administratively independent, and the law shall regulate the work of each of them), and in another paragraph Constitution affirms this independence by saying (the Central Bank accountable to the Iraqi Council of Representatives …..) and not in front of the cabinet. (more…)
The Ministry of Planning and Development Cooperation of Iraq, Saturday, a high index of annual inflation in Iraq, by 8.3% and attributed the reason because of the high prices of food and non-alcoholic beverages increased by 13.2%, while confirming that the monthly inflation rate for the past month rose is the other 1.7%. (more…)
Baghdad, April 14 / April (Rn) – acknowledged Saturday that the central bank reduced the local currency came because it covers the needs of Syria and Iran of hard currency.
Iran faces a package of economic sanctions over its nuclear program, while interesting debate punished several countries because of Syria’s repression of the population claimants to drop the system. (more…)
Baghdad, April 14 (Rn) – The number of experts in the field of oil and the economy on the need to develop a road map to get rid of the outstanding problems and the separation of the political differences for the economic differences between Baghdad and Erbil.
The former Minister of Planning Mahdi Al-Hafiz at a seminar hosted by the Economic Development Institute in Baghdad, on Saturday, said that “the solution to the problems between Baghdad and Erbil must be done through constructive dialogue,” noting “the need to separate the political differences and economic differences for oil.” (more…)
Saturday, April 14 / April 2012 15:44
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, said that the high price of the dollar against the dinar is dominated by the Bank and the coming days will witness a significant decline.
Saleh said Iraq told every [where] the day, that “the cause of the price rise of the dollar against the dinar goes back to the regional situation plaguing the neighboring countries, and these conditions Oirt and a negative impact on the currency market in Iraq by increasing the demand for the dollar.” (more…)
14/04/2012
BAGHDAD / JD warned Dr. Saleh al-Mutlaq, Iraqi Deputy Prime Minister of the attempts to link the Central Bank of Iraq’s government and intervention for privacy, warning that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and weaken the economy and will display the central bank money of the Holy is public money at risk.
04/13/2012
BAGHDAD / JD / .. According to a member of the Finance Committee’s parliamentary deputy for the coalition forces of Kurdistan Shoresh Mostafa that the State of Kuwait and the Iraqi government promised to exempt Iraq from the debt incurred by him. Said Mustafa’s / JD / “The State of Kuwait and the Iraqi government promised to overlook the debt owed by Iraq,” adding “but did not announce formally its promise so far.” (more…)
14/04/2012 – 12:51
Council of Ministers confirmed Saturday that the Iraqi Central Bank Law obliged to exchange information, views and coordinate monetary policy with the central government, pointing out that this is what is currently required by the government.
And the transfer of the unit director of information in the Secretariat of the Council of Minister Abdel Talaqani in an interview for “Alsumaria News”, the Secretary-General of the Council of Ministers on the Keywords saying that “Article 24 of the Law on the Central Bank indicate that among the responsibilities of the exchange of information, views and coordinate monetary policy with the government , as demanded by the government. ” (more…)
On: Saturday 04/14/2012 7:27
member of the Economic Committee in Parliament MP Abdul-Abbas estrus Iraqi constitution granting the central bank full independence is not entitled to a interference in its affairs, noting that the Constitution gives the right of coordination between the government and the central bank and government control is not complete it. (more…)
Saturday 04/14/2012 17:42
Chairman of the Chamber of Commerce of Babylon’s (Citizen): lack of experience in the government led advisers to the deteriorating economic situation
Detect an adviser to Prime Minister for Legal Affairs Mohammad Fadel on the transfer of more than $ 200 billion out of Iraq by the Central Bank auction to support the fixed exchange rate of the dinar. And denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh accused adviser to Prime Minister Mohammed Fadhil of the Central Bank that the auction procedures to sell the dollar is the reason for the low exchange rate of the Iraqi dinar. (more…)
14/04/2012 15:02
Baghdad, April 14 / April (Rn) – The Central Bank of Iraq on Saturday, Iraq’s need to extend the custody of Iraqi funds to the U.S..
The deputy governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Iraqi funds needed to extend the agreement with Washington for a year to provide extra protection from the crisis with trade creditors counterfeiters.” (more…)
14/04/2012
BAGHDAD / JD / .. denied the Iraqi Central Bank to inform the decline in reserves of foreign currency in recent times, stressing that these precautions have escalated.
He said the Iraqi Central Bank in a statement late on Friday, I got the agency (JD) a copy of it “: that some of the journalist community deliberated analyzes marred by a lot of palaces, which indicated that the reserves of the Iraqi Central Bank foreign currency has fallen in recent months, a few billion of dollars. (more…)
14/04/2012
BAGHDAD / JD / .. warned the parliamentary economic committee of the exploitation of an auction sale of currency carried out by the Central Bank for evil purposes. Committee Chairman Ahmed al-Alwani’s / JD / “The low exchange rate of the Iraqi dinar recently due to several reasons, is the exploitation of an auction sale of currency carried out by the Central Bank for purposes other than noble, in addition to the money laundering operations.” (more…)
4/14/2012
BAGHDAD – The Euphrates News revealed Advisor to the Prime Minister for Legal Affairs Fadel Muhammad from the conversion of more than $ 200 billion out of Iraq by the Central Bank auction to support a fixed rate for the dinar exchange. saw the Iraqi dinar exchange rate declined significantly over the past few days against the U.S. dollar to reach in local markets to 126.5 thousand dinars for the paper category percent dollars. (more…)
Date: Saturday, 14-04-2012 12: 09 pm
Baghdad (newsletter) … Get Member Finance Committee/National Alliance Deputy/Abdul Hussein Al-yasseri, Central Bank of Iraq for its failure to invest the money deposited in banks, although the country urgently needs to implement investment projects and services.
He said Al-yasseri (News Agency news) on Saturday: Central Bank great responsibility not to exploit Iraqi assets frozen in banks of more than 62 billion dollars, invested correctly ensures significant financial resources to the State through tapped in implementation of investment projects and services, it will be a lot of problems afflicting the Iraqi citizen as electricity, housing and others. (more…)
2012-04-14 13:41:21
BAGHDAD (Iba) .. He called on the Iraqi bloc free Zuhair Araji, the committee formed by the prime minister to investigate the reasons for the high price of the dollar compared to the Iraqi dinar to investigate how the 10 companies and banks to deal with the Central Bank in foreign currency, although it is not within the 21 companies which issued the approval of that dealing with. (more…)
2012-04-13 19:46:42
BAGHDAD (Iba) .. UN Secretary-General to collect the new Iraq and allied forces Amer Morshedi existing Iraqi President Iyad Allawi, to listen to the owners and know the reasons for his refusal to implement some of the terms of Arbil, as Maliki’s request to listen to Allawi and listen to his point of view, expressing his belief that the meeting between the two men will be resolved through which all the complexities and will come out of Iraq will come out victorious, and the two men raising the slogan of victory, then there really would be a security and stability of economic and service building, construction and reconstruction (more…)
Saturday, April 14 / April 2012 09:28
Confirmed member of the parliamentary Finance Committee Najiba Najib that link the Central Bank of the government and stripped of its independence is a breach of a constitutionally significant, indicating that the central bank of independent institutions that are proud of because it controls the state’s fiscal policy as well. (more…)
Date: Saturday, 14-04-2012 02: 27 pm
Baghdad (newsletter) …The parliamentary head of the Badr organization MP/Qasem Al-araji, National Alliance, told some politicians and lawmakers on the no-confidence motion against Prime Minister Nouri al-Maliki, Iraq will develop by spiral and intractable crisis.
In a statement, said Al-araji (News Agency news) on Saturday: that in Iraq a wide margin of freedom of information and some deputies “wish” they permit no Shi by either dragging professing confidence in the Government, or early elections, continued: this speech is irrelevant to the fact Shee. (more…)
Date: Saturday, 14-04-2012 04: 29 pm
Baghdad (newsletter) …Prime Minister Nuri al-Maliki that the success of a Summit full of Baghdad and visibility of this size media and delegations attended, came as a result of efforts and diligence and ltzaver cooperation, which involved the security organs, the Ministry of Foreign Affairs and other ministries and institutions and all citizens.
During his attendance on Saturday, which a large collection of clan elders and elders from various provinces on the occasion of the Summit’s success. (more…)
Date: Saturday, 14-04-2012 10: 37 am
Baghdad (newsletter) … Banking expert suggested to merge small banks optimizer for becoming a capital of large solid banks compete with State-owned banks in their work.
Ali (News Agency news) on Saturday: small private banks association process with little capital among them during the current period necessary to become solid banks compete with State-owned banks to support strategic projects for the country. (more…)
