Archive for December 11, 2013

Delete the zeros .. Eliminate fraud and to support the national economy

Continuous attempts to reach a final agreement between the parties that hold the reins of financial matters in the country in regards to the process of deletion of zeros from the Iraqi currency, which is much talk about since approximately two years, but the issue is exposed each time to criticism and rejection of before parties may be controlling the flow of currency in the country, but the CBI Boukbraúh seeks to resolving the issue and come to a good investigator for the hopes of not disappointing to the aspirations of the people who always sought to avoid entering into economic crises Other may Tnhechm. (more…)

Economists: the present time is not suitable to replace the Iraqi currency

after preparations long it took 5 years for the process to delete the zeros and replace the Iraqi currency came today to announce the central bank to stop these measures and postponed to another slogan for many reasons hindered the march of the central bank in the removal of three zeroes, bankers said (citizen) .. that the present time is suitable for the replacement of the currency and favored the postponement of the project to the time of the restoration of security in Iraq. (more…)

The current credit rating of Iraq fits and economic reality; Call to speed up installing formally

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seeks most governments and countries, companies or funding agencies to obtain credit rating in order to facilitate their access to finance that you want through the local markets or external reason to force the pace to get the highest degree of classification between countries the world to improve its reputation and economic development of the joints of the various productive sectors, to confirm for countries wishing to invest that its economic structure intact and its environment are valid, as well as the credit rating alleviate the cost of borrowing at the State’s need to decode Achtnaqatha financial external debt. (more…)

11/12/2013 | 03:51 PM | Kuwait News

KUWAIT, Dec 11 (KUNA) — Leaders of the Arab Gulf states welcomed Wednesday Iraq’s compliance with UN resolutions related to border signs’ maintenance, as well as referral of Kuwaiti prisoners, missing persons and property to the UN mission in Iraq.

The leaders also condemned the firing of rockets from the Iraqi territories against Saudi border areas, considering it “unacceptable violation” of the international law and good neighborliness principles. (more…)

Minister of Planning for “time”: We will apply the customs tariff with effect from the beginning of January next

Published on Tuesday, 10 January 1 / December 2013 09:54 (more…)

called on the UN mission to help Iraq (UNAMI), Wednesday, Iraqis to cast their votes in the upcoming parliamentary elections in order to make the change. Was made ​​at the conference held by the mission in Baghdad, on the occasion of the International Day of Human Rights.

The conference was launched in the presence of representative of the Secretary-General of the United Nations in Iraq Nikolai Maldinov and a number of government officials and civil society organizations and a number of human rights defenders. (more…)

10-12-2013 12:21 PM
Baghdad (newsletter). Oil and Energy Committee, the importance of read investment Bill, because it will boost the oil sector by attracting foreign and domestic companies to invest in the oil sector.

The oil Commission said MP/Kurdish Alliance (News Agency): the old oil investment law was seen on the investor ‘ thief ‘ for riches, but after the amendments before the Parliamentary Committee on oil specialists to make the law as seen on the investor and major contributor to the economy. (more…)

11-12-2013 08:19 AM
Baghdad (newsletter). Commission on the economy and investment, the importance of global banks to open branches in Iraq to create a competitive atmosphere among local and foreign banks to provide better banking services.

The Rapporteur of the Committee, said MP/Kurdish Alliance/mahma Khalil (News Agency): the Iraqi banking sector is still lagging behind developments in global banks, therefore bringing global banks discreet to open branches in Iraq will work primarily to broadcast culture and identify the most important technologies involved in banking, which will spur local banks to develop their work. (more…)

Iraq’s government is not doing enough of the fragile efforts to support investment and foreign companies, which face a constant battle against corruption and bureaucracy, as experts say.

The annual report of the World Bank on completion of annual business, which measure the commercial systems throughout the world, puts Iraq in the bottom of the list with his report for the year 2012, by three orders of Afghanistan. (more…)

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Stressed the importance of increased security cooperation, economic and political

marked by official visits made ​​by the Prime Minister recently, many of the pros, which is able to bring Iraq back to normal in the international map, especially as the objective of such visits, according to parliamentarians, is the activation of many aspects of economic, political and security, which is able to have tremendous benefits for the country, as well as the ability to remove the misconceptions about Iraq, which is seeking several actors to consolidate intentionally. (more…)