BAGHDAD, July 25 (KUNA) The Iraqi government said on Wednesday it had agreed to a settlement previously signed by the Iraqi and Kuwaiti ministers of transport and communication on the payment of compensations to Kuwait Airways out of the country’s 2012 and 2013 budgets (more…)
Archive for July 26, 2012
Iraq says to pay damages to Kuwait Airways out of 2012-13 budgets
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: Invasion of Kuwait, Iraq, Iraqi Airways, Iraqi government, kuwait, Kuwait Airways, Kuwaiti, Politics of Iraq
Head of Finance Committee: There will be five to seven models of new currency issued by CBI
Posted: July 26, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Currency, Dinar, Fils (currency), Finance Committee, Iraq, Iraqi dinar, United States Senate Committee on Finance
Head of the Finance Committee in the House of Representatives Haider al-Abadi, Thursday, for the presence of five to seven models for the new currency has provided the central bank, pointing out that the addition of three languages by pointing out the existence of six categories and six categories of paper and metal.
Ebadi said in an interview that “five to seven companies provided models for the new currency to the Central Bank, which in turn will choose one of them,” explaining that “the models contained the Iraqi cultural sites, and three languages: Arabic, Kurdish and English.” (more…)
Seven models of the new Iraqi currency contains three languages
Posted: July 26, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Currency, Economic stability, Finance Committee, Iraq, iraqi, Iraqi dinar, July
Posted 26/07/2012 10:04 AM
Babinaoz (Reuters) – Head of the Finance Committee in the House of Representatives Haider al-Abadi, the presence of five to seven models for the new currency has provided the central bank, pointing out that the addition of three languages by pointing out the existence of six categories of paper, six categories of metal.
Ebadi said that “five to seven companies provided models for the new currency to the Central Bank, which in turn will choose one of them,” explaining that “the models contained the Iraqi cultural sites, and three languages: Arabic, Kurdish and English.” (more…)
Iraqi government allocates $500m to end disputes with Kuwait
Posted: July 26, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Cabinet of Iraq, Iraq, kuwait, Kuwait Airways, Nouri al-Maliki, Prime Minister of Iraq, Saddam Hussein, United Nation
ERBIL, July 25 (AKnews) – The Iraqi council of ministers has approved a $500 million from the general budget to be allocated for resolving disputes with its neighbor Kuwait.
Iraqi government spokesperson Ali al-Dabbagh has said the council of Ministers has requested from the parliament to approve $500 million, $300 million form the 2012 budget and another $200 million from the 2013 budget, to be paid to Kuwait in order to end decades of disputes between the two countries. (more…)
UNSC welcomes the progress made by Iraq in the restoration of international stature
Posted: July 26, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Ban Ki-Moon, council, Iraq, kuwait, Secretary General United Nations, United Nation, United Nations Security Council
The UN Security Council extend the mandate of the United Nations Mission in Iraq for a period of twelve months, and demanded that Baghdad to continue cooperating with Kuwait to address the outstanding issues between them.
Parliamentary Finance: The formation of a finance committee to monitor the sub-stages to replace currency
Posted: July 26, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, Currency, Finance Committee, Iraq, Iraqi dinar, Sinan Al-Shabibi, United States Senate Committee on Finance
Announced by the Finance Committee MP for the National Alliance Majida al-Tamimi, the formation of a Finance Committee sub observe the conduct of the stages to replace the new currency.
said Tamimi, that ‘the Finance Committee formed a subcommittee headed by Abdul-Hussein al-Yasiri to follow up the stages of the replacement of the new currency a result of the reluctance of the Central Bank where two years ago. (more…)
Iraq’s monetary policy development will be topic of discussion between Gov of CBI, Presidency of the parliament and Minister of Finance
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: CBI, Dinar, economy, Iraq, Monetary policy
Discussed the Presidency of the Council of Representatives monetary policy of the country, with Finance Minister Rafie al-Issawi and Central Bank Governor Sinan Shabibi, and the President of Supreme Audit Abdul Basit Turki, according to a statement issued by the Council on Wednesday. (more…)
Monetary policy and trends in the money supply .. An alternative vision
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: CBI, Dinar, economy, Iraq, Monetary policy
07/26/2012 0:00
D. The appearance of Mohammed
if the money the Iraqi Central Bank issued and traded a cash basis of base money, which is considered as the liabilities of the central bank capable of generating or creating money by doubling bank credit to form an essential component of money supply, which originates or creates usually by a multiple of bank credit affected by the cash basis (no balance sheet impact of the Central Bank to double credit through open market operations) which confirms that the banks are traditionally creative criticism through the multiplier, but the impact and control of the cash basis of it .. (more…)
Iraq House of Representatives reconvened today
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: Council of Representatives of Iraq, Iraq, Mosul Dam, Osama Najafi, Reading, reuters, Speaker (politics), Yazidi
Thursday July 26, 2012
(Reuters) – A source close to that of the Iraqi parliament was held, Thursday, its eighth of the first legislative term of the Year-third Legislature, headed by Speaker Osama Najafi and the presence of 235 deputies, with parliamentary source that the meeting will host the Minister of Water Resources on the Mosul Dam and vote on a number of laws most notably a proposed second amendment to the provincial election law, and first and second readings of four bills.
(more…)
CBI is willing to support the establishment of a private bank for the poor
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: Arab World, bank, Central bank, Central Bank Iraq, Deputy Governor, Iraq, Islam, Semitic
Abralpennek CBI for its “willingness to support the establishment of a special chip bank of the poor.”
The deputy governor of Bank of the appearance of Mohammed Saleh in a press statement that “the establishment of such a bank is one of the humanitarian issues and ethical advancement of chip is aimed at the poor.” (more…)
Editorial: Iraq will be the most developed countries in the global oil economy
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: Energy, Iraq, Ministry of Petroleum (Iran), Oil reserves, Oil reserves in Iraq, OPEC, Petroleum, reuters
Posted 26/07/2012 10:35 AM
Babinaoz (Reuters) – said Academy specializes affairs of the oil that opening up the technological world is witnessing led to be the economics of oil and gas, the cornerstone of the growth processes of producing countries, stressing that this concept is to make the oil markets, the upper hand in the organization of economic policy for the various joints, advanced industrial countries, and with He sees that the current through which Iraq required more strategic planning, stressed the need to find a tool or a driving force for the advancement of economic destruction, saying that oil is the most prominent of those tools and the driving means toward economic transformation towards achieving progress in sustainable development rates in the country. (more…)
United States and Iraq sign agreement for administrative reform in Iraq
Posted: July 26, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Embassy of the United States Baghdad, Iraq, Iraqi government, Politics of Iraq, U.S. Embassy, United States, World Bank
Wednesday, July 25, 2012 23:58
Announced today that the United States and Iraq signed a memorandum of understanding outlines of U.S. support for Iraqi efforts to reduce administrative obstacles in the Iraqi private sector.
The Web site of the U.S. Embassy that the memo had been signed on 18 July present between the U.S. Embassy in Baghdad, through the U.S. Agency for International Development (USAID) and the Office of the Prime Minister of Iraq, in line with the strategic framework agreement. (more…)
