Archive for December 19, 2013

Ban satisfied with Iraq’s cooperation with Compensation Commission
20/12/2013 | 01:11 AM | Kuwait News

NEW YORK, Dec 19 (KUNA) — UN Secretary-General Ban Ki-moon on Thursday expressed his satisfaction that Iraq continues to deposit five percent of its oil revenues to the Compensation Fund, in accordance with relevant UN Security Council resolutions, to pay the victims of the 1990 Iraqi invasion of Kuwait.

“I would like to express my ongoing appreciation to the Government of Iraq and the Iraq Committee of Financial Experts (COFE) for their continued cooperation with the Compensation Commission,” Ban told the Council in his six-month report. (more…)

IMF-Logo12.19.2013

A report prepared by experts at the International Monetary Fund Article IV Consultation with Iraq in 2013, which took place in the first quarter of the year 2013 in Amman, Jordan, that “in spite of the circumstance of the Iraqi difficult, the economic developments generally positive and has seen economic growth acceleration, At the same time did not hide his report the risks resulting from the decline in the level of political and security situations.

and followed (range) a chart he submitted the Resident Representative of the International Monetary Fund for Iraq, Ghazi reticles showing the latest economic developments and prospects in the medium term in addition to the risks and economic reforms. (more…)

Parliament to raise its day [4] from next month
Thursday, 19 November / 1 December 2013 16:19

Lifting of the House of Representatives to its day [4] of the next month.

According to a parliamentary source told all of Iraq [where] that “Parliament has decided to raise its [4] from January 2014, which falls on Saturday.” (more…)

2013-12-17 By Khalid al-Taie in Baghdad

The Iraqi parliament has authorised the establishment of an institute for financial and banking training to develop the skills of government banking sector employees and bring them up to date with the latest electronic systems and technologies.

“Despite the enrolment of a number of their staff members in training courses and programmes inside the county and abroad, Iraqi banks are still in need of further efforts to train and develop human resources,” he said. (more…)

Announced Foreign Ministry Undersecretary Ambassador Khalid Al-Jarallah visit is very close to the Minister of Iraqi oil to Kuwait

He pointed out that during the visit will be discussed a mechanism for the implementation of the oil agreement, which was signed earlier between the two sides. (more…)

12/19/2013 0:00

He said that banking reform lever economy

counting economic expert d. Akram Mohammed Hassan banking and financial sector one of the main factors of the transition from a centralized economy to a market economy, demanding the lifting of the restrictions that his movement, referring to the experiences of Eastern European countries in this field. (more…)

Baghdad (newsletter). Member of the Committee of economy MP//Ibrahim Al-Rikabi, the importance of the economic reform act to support and develop the Iraqi economy, indicating that this law stumbled since it was approved by the Cabinet.

Rikabi said (News Agency): economic reform law will eliminate non-productive projects stalled and the privatization of some of them and make them productive as tourism, agriculture, industry and others. (more…)