Finance parliamentary discussing with the Central Bank of new currency designs
the parliamentary finance committee, next week, in an interview with representatives of the Central Bank, most notably several issues of the new currency designs and categories.
The Central Bank is working to switch the currency and contribute to the Finance Committee in its work through the selection of designs and procedures for the currency as many have the power to control. (more…)
DEJA VU ALL OVER AGAIN?
IRAQ’S ESCALATING POLITICAL CRISIS
EXECUTIVE SUMMARY AND RECOMMENDATIONS
At first glance, the current Iraqi political crisis looks like just one more predictable bump in the long road from dictatorship to democracy. Every two years or so, the political class experiences a prolonged stalemate; just as regularly, it is overcome. So, one might think, it will be this time around. But look closer and the picture changes.
Read more (PDF ): http://www.crisisgroup.org/~/media/Files/Middle%20East%20North%20Africa/Iraq%20Syria%20Lebanon/Iraq/126-deja-vu-all-over-again-iraqs-escalating-political-crisis
Figures say that 23 July was the worst days experienced by the Iraqis this year and the month of June Deadliest was the second month the number of victims of violence and terrorist attacks since the beginning of 2,012. On Black Monday killed at least one hundred fifteen Iraqis in about 40 attacks and the bombing targeted civilians and police positions and the military. Observers noted that al-Qaeda in iraq declared that in practice the next wave of bombings two days before it happened, but the security services were unable to prevent. The immediate objective of these terrorist attacks to Embarrass Prime Minister Nuri al-Maliki and inciting sectarian strife, according to The Wall Street Journal in a report on the situation in Iraq. (more…)
The Central Bank closed shop banking is approved
29.07.2012
Economists hailed the decision of the Iraqi Central Bank of Iraq was closed more than 190 Mketbalchirfah unlicensed dealing in U.S. dollars.
He said the economist, Dr. Hilal Taan that although this decision came too late, but he is correct and wise, because it will stand general currency smuggling, and money laundering operations, and operations of speculation, which aims to Zazh prices, and the instability of the exchange rate of the Iraqi dinar. (more…)
Re MP / Kurdish coalition blocs / Hamid rest, the claimants not to include the Kurdish language in the new currency, saying that the constitution stipulated that Arabic and Kurdish are the official languages of Iraq, saying its refusal in the region if they are free currency “demilitarized zeros” of the flag. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 31-JUL-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 268,975,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 268,975,000 |
| Total offers for selling (US$) | —– |
Tuesday, July 31, 2012 16:38
Baghdad {: News} Euphrates parliamentary sources said that the Iraqi government calculated price of a barrel of oil in the supplementary budget on the basis of $ 111 per barrel, a price much higher than the price that was calculated in the general budget of $ 86 dollars. (more…)
ERBIL, July 31 (AKnews) – A member of Iraq’s parliamentary oil and gas committee announced that members do not know when the committee and legal committee will meet to choose one of the three draft oil and gas laws sent to parliament.
Farhad Atrushi said: “There was a suggestion for the oil and gas and legal committees to hold a meeting on Wednesday to choose one of the three oil and gas drafts but the meeting was postponed and we don’t know when we will meet to start a discussion about the draft. (more…)
Ministry of Finance announced the completion of the final accounts for the year 2011 of the Republic of Iraq.
The ministry said in a statement received / JD / a copy of which has been sent the final accounts for the year (2011) to the Office of Financial Supervision, which contained entry opening with tables of analytical and statements Finance, including – the balance sheet and calculate the outcome measure. (more…)
Looking for the Finance Committee Parliamentary next week with an interview with representatives of the central bank within the bank several axes, most notably the design of the new currency and categories.
The Central Bank of Iraq runs a currency exchange and contribute to the Finance Committee in its work through the selection of designs of currency and various measures as have the power to control.
said committee member and MP for the Liberal bloc Majida al-Tamimi’s / JD /: “The Committee will meet with the Governor of Central Bank” Shabibi “to complement the themes that were presented to them.” (more…)
«Auction» foreign currency by the Central Bank of Iraq on a daily basis, the recent subject of argument between the Iraqi Central Bank Governor Sinan Al-Shabibi Dr and Planning Minister Mehdi Al-Hafez, former Dr. «Downloads» accompanied sparring through an exchange of letters I got a copy of them.
The first message sent by the Governor to former Planning Minister, commenting on the statement of the Secretary-General of the Council of Ministers on relations which revealed that the amounts smuggled out of Iraq in recent years is estimated at 180 billion dollars, and that less than 5 percent of remittances are legal ways. (more…)
Economy, parliamentary support to replace the currency and the central denies agreement printed
Expressed by the Economic Commission Nora Albjara, Sunday, its support for the project to delete the zeros and the replacement of the existing currency, while announcing the Central Bank of Iraq did not agree to print the new currency at the present time (more…)
Date: 2012/07/30
Baghdad (News) … The Attorney for the coalition of Kurdish blocs//rest of Hamid, claimants are not to include the Kurdish language in the new currency, saying that the Constitution provided that both Arabic and Kurdish are official languages of Iraq, rejected in the territory if currency neutral zeros “of Kurdish. (more…)
The Oil Ministry announced a solution for a large part of the problems with Kuwait on joint oil fields.
The general director of the Legal Department in the Ministry Leith Shahir said that “the Joint Committee between Iraq and Kuwait was able to resolve a large part of the problems between the two sides on the standardization of production and organization of work the oil fields. (more…)
Revealed a diplomatic source beginning, Monday, for a visit to a U.S. official to Iraq to solve the problem between Baghdad and Erbil on the deployment of units of the Iraqi army near the Peshmerga Kurdish, pointing out that the United States of America, entered in the crisis to bring the views and remove the differences between them. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 30-JUL-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 251,505,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 251,505,000 |
| Total offers for selling (US$) | —– |
The Iraqi government announced that it has not yet decided formally to go to Iraq to gain permanent membership of the WTO.
The chancellor said the government’s legal Fadhil Mohammed Jawad’s (Center Brief for the Iraqi Media Network) that “the government has not yet decided to get a permanent membership of the WTO because it is not exporters of commodities, goods, and because the WTO accession also requires legislation that economic laws are many.” (more…)
Date: 2012/07/30 10: 36: 31 Monday
Baghdad (News) … According to Deputy Economic Committee member/Iraqi/nahida aldaini aaetlak, that the tariffs as a result of the lack of Government control was delayed at all border crossing points, as well as possible failure of northern Iraq resolution ports.
She aldaini (News Agency news) Monday: the lack of enactment of tariff and postponed several times would entail substantial damage on the citizen and giving way to the dealer price manipulation by interests. (more…)
30-07-2012 11:00 AM
A report published by the BBC and the presence of 23% of Iraqis today live below the poverty line, indicating that they are in dire need of government support. Said the BBC in the report: that Iraq spent about 5 billion annually on food distributed to the population, and that on the west bank of the Tigris River in northern Baghdad, standing silo, one of the remnants of rare British rule in Iraq, has built the Hermitage during World War II for the purpose of feeding the British soldiers, and on the right on its side stand the structure of the longest of which was built in 1962 by the Soviet Union, when the Iraq deal briefly with the communist countries’ . (more…)
07/29/2012
Meet in the House of Representatives today to the Commission on oil and energy and the Legal Committee for the selection of a hydrocarbon law that is consistent with the Constitution. Announced that the “morning” Member of the Oil and Energy Rep. Susan Saad, indicating that the Commission on oil and energy accounted for (lobby) to put pressure on the political blocs in order to determine its position of the law. (more…)
ERBIL, July 28 (AKnews) – The economic committee in the Council of Representatives has criticized the delay in the application of the customs law in the country.
In May the committee demanded postponing the application of the customs law because of its impact on poor people. The law was scheduled to be applied in June. (more…)
Parliament: Customs require two years to start the application of customs tariff
Sunday, July 29, 2012 15:45
Request of the Director General of Customs Munther Abdel Amir to postpone the application of customs tariff in Iraq for two years.
A member of the Investment Committee and the economy broadly parliamentary Abdul-Abbas, told all of Iraq [where] that “the Commission held a meeting last Wednesday with Director General of Customs Abdul Amir Munzer in addition to the number of representatives of the Secretariat of the Council of Ministers. ” (more…)
Confirmed Managing Director of the Company breeze north of financial intermediation Enas Mohammed Ahmed said brokerage firms have adopted a system of direct communication with investors.
said Ahmed’s / JD / was adopted detection system arithmetic to the customer via the Internet, and this makes it easier to see the final calculation of the shares in the Iraqi market for securities after trading my album Awalasbuaa or monthly. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 29-JUL-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 262,681,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 262,681,000 |
| Total offers for selling (US$) | —– |
Date: 2012/07/29 13: 31: 48 Sunday
Baghdad (News) … Member of the Economic Commission of the National Alliance Deputy//Ibrahim Al-Rikabi, political crises and disturbances in Syria and Iran negatively impede Iraq’s economy. (more…)
Investment Authority announced .. Baghdad, Sunday, granted an investment license for my project includes the construction of tourist service-five-star hotel with Mall in the Karrada district of central Baghdad
The President of the Investment Commission Shaker Zamili Baghdad in a press statement received by the agency / Baghdadiya News / copy of it, that “the Commission granted an investment license for the service-tourism project includes the construction of five-star hotel with a shopping mall in the swimming pool area of Karrada Street. (more…)
Date : 28/07/2012
UNITED NATIONS, July 28 (KUNA) As the UN highlevel Coordinator for missing Kuwaitis and property Gennady Tarasov will relinquish his post at the end of this year, Kuwait suggested to the Security Council appointing another highlevel Coordinator or a Special Representative of the SecretaryGeneral to deal with ”all” Iraq’s outstanding obligations towards Kuwait
In a letter to Security Council President, Ambassador Nestor Osorio of Colombia issued late Friday, Kuwaiti Deputy Prime Minister, Minister for Foreign Affairs Sheikh Sabah AlKhaled Al Hamad Al Sabah said Kuwait ”appreciates the great efforts” made by Tarasov to fulfil his mandate and “wishes him all success” in his future endeavours (more…)
