Archive for March 18, 2013

Screen Shot 2013-02-16 at 12.22.47 PMParliamentary Finance: do not oppose the project to delete zeros from the currency .. And postponed for technical reasons
March 16, 2013

Renewed parliamentary Finance Committee no objection on the implementation of the project to delete the zeros of the current currency to reduce the numbers of trading and shorten transaction calculations, conditioned the application of some items and add them to the new law. (more…)

18/03/2013 13:34:00
Baghdad/ NINA /–A Kuwaiti official source announced that Iraq and Kuwait agreed to create a wide buffer zone of 500 meters on both sides of the joint border, and to move Iraqi farmers to new homes.

The source told NINA : ” Kuwait pledged under the agreement to build fifty houses inside Iraq for the farmers living near the border.

At the beginning of March 2013 the Iraqi parliament finally able to pass the annual budget, which was delayed for several months because of the conflict between the Kurdistan Regional Government and the central government on oil policy pursued by the region. This conflict can not find a solution in time at which the vote was taken, which led to the grumbling of the Kurdistan Alliance. With regard to the actual budget, it is the largest in the history of Iraq, as it includes the largest investment spending, but many ministries have proven their inability to spend all the money allocated to them. (more…)

The opening of bids for the sale and purchase of the dollar daily three hundred and seven and thirty two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Monday 3/18/2013 and the results were as follows:

Number of banks to contribute to the auction 19
Price foundation on which successful bidder selling dinars / dollars 1166
The price at which successful bidder JD Hraoua / USD —–
The amount sold by the bank at auction – $ 153,813,000
Amount the buyer by the bank at auction – $ —–
Total Leads – U.S. 153,813,000
Total Offers – U.S. —-

Note that: (more…)