Archive for June 23, 2012

23/06/2012 14:40
ERBIL, June 23 (AKnews) – Iraq’s Central Bank (ICB) has announced the start of a national distributor system in the country, which will allow card holders to withdraw money from any bank in the country without depending only on the bank that provided the bank card. (more…)

Said the CBI to hand over money when you switch the currency will be exclusively from banks to prevent the entry of counterfeit currency.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh: “The project currency exchange will continue for ten years, but indirectly, to enable the citizens to take an adequate opportunity for anyone who is in the special circumstance of them,” he said, adding that refrain from receipt of the money directly from the citizens is one effective means to prevent entry of counterfeit currency to the bank. (more…)

06/23/2012 0:00

described the Central Bank of Iraq project to delete the zeros from the currency as: “a new infrastructure of the country at least as important as other infrastructure.” said Deputy Bank Mhaaft the appearance of Mohammed Saleh: “The speed of the project Anjazhma reflect the harmony and the ministries and government departments concerned work away from the institutional isolation, since there is no value for the independence of the central bank if they were not independent of these high-capacity to coordinate with other economic institutions to build Iraq. ” (more…)

06/23/2012 0:00

Ministry of Finance announced it has formed a higher committee to resolve the internal file trade creditors. He said Undersecretary Fadel Prophet’s (Center Brief for the Iraqi Media Network) that “the ministry formed a committee from the Department of Public Debt and Legal Consultative Committee, the Board of Audit to facilitate the exchange of internal debt of the ministries and government bodies.” (more…)

Date: Saturday, 23-06-2012 12: 25 pm

Baghdad (News) … He supported the north bank financial advisor for finance and investment NAFI Elias Abbou, the Central Bank’s proposal to transform the private banks to large financial institutions with high capital, to support the financial sector and earn public trust.

He said Abbou (News Agency news) on Saturday: most developed countries where large and small financial institutions operate their own controls and laws to regulate financial work through small banks merge to become a financial institution with high capital. (more…)

Friday, 22 June 2012 21:50 | | |

Baghdad (AIN) –The economic expert, Sallamah Simaisem, assured that “There are mysterious sides behind the continuaty of the electricity crisis in Iraq,” pointing that ”The electricity committee is standing against whoever wishes to invest in electricity sector by announcing it as (red line) while USD (300) million have been wasted without witnessing any improvement in the situation of the electricity power or even eliminating the electricity crisis.” (more…)

06/23/2012 9:50

MP announced a coalition of law Hanan al that a group of MPs have signed a request to withdraw confidence from Najafi and will demand during the parliamentary session which is scheduled to sit on Saturday (more…)

resumed Iraqi Council of Representatives, Saturday, held its first meeting after the recess legislative presence of 254 parliamentarians and the presidency of President Osama Najafi, with parliamentary source that the meeting will vote on eight bills most notably the Federal Court and the Supreme Judicial Council.

source said in an interview for “Alsumaria News”, “House of Representatives held at noon today, its first post-recess legislative headed by Osama Najafi and the presence of 254 parliamentarians,” noting that “the meeting will vote on the draft law of the Federal Court and the Supreme Judicial Council.” (more…)

Date: Saturday, 23-06-2012 02: 03 pm

Baghdad (News) …Head of the House of Osama’s urgency to vote on important laws and reforms in the work of the parliamentary committees to provide laws serve the people.

And transfer of the information Office of the Council Presidency on Iraq during a meeting of the Council Presidency with heads of political blocs in a statement: the importance of hard work and hard in the new legislative year to achieve the aspirations of the people within the functions the Council’s work in the legislative and regulatory sides. ” (more…)

As announced a fifth licensing round

warned Ibrahim al-Mashhadani, an economic analyst from dependence on oil revenues only in the conduct of the financial matters of state, calling for the employment of oil resources in the productive and service projects to serve the national economy and development.

Mashhadani said: The revenue accruing from oil revenues are moving any that can not be relied upon in the conduct of matters of state because of financial problems may occur in the region lead to the loss of this revenue. (more…)