Announced the Truth in matches Development Fund of Iraq, on Monday, the central bank sales during the first months of the current year 2013 completely identical with bank sales for the same period of last year 2012, and stressed that the only difference that has been under new management for the bank is the collapse of the price exchange rate of the dinar against the dollar by up to 8% and an increase in inflation. (more…)
Posts Tagged ‘Amman’
Chalabi: CBI sales in 2013 are the same that were in the 2012 but dinar deterioration 8%
Posted: April 13, 2013 in Iraqi Dinar/PoliticsTags: Abdel Basset Turki, Ahmed Chalabi, Amman, Central bank, Central Bank Iraq, International Monetary Fund, Iraq, Iraqi dinar
Finance Committee Member requests Banking Act to quickly reach parliament for approval
Posted: April 9, 2013 in Iraqi Dinar/PoliticsTags: Amman, Central bank, Democratic Patriotic Alliance of Kurdistan, House of Representatives, Iraq, National Iraqi News Agency, Private bank, United States Senate Committee on Finance
A call to State Consultative Council to send the Banking Act to the parliament for approval.
09/04/2013 09:19:00
A member of the parliamentary Finance Committee, Najiba Najib called the (Shora Council) to speed sending the new banking law in order to pass it in the House of Representatives.
MP, of the Kurdistan Alliance said in a statement to the National Iraqi News Agency / NINA / that the new law of the banks and the CBI supports the independence of the bank and devotes separate administration for the capital of all government and private banks, noting that the law will also allow the banks to direct investment and to engage in other commercial activities after that was forbidden. (more…)
IMF: Iraq preventive balances rose to $18 billion, but this is not enough to protect
Posted: March 23, 2013 in Iraqi Dinar/PoliticsTags: Amman, Central Bank Iraq, Development Fund for Iraq, Economy of Iraq, International Monetary Fund, Iraq, Iraqi government, Politics of Iraq
2013/03/23 15:16
International Monetary Fund said that funds preventive Development Fund for Iraq rose in 2012 to $ 18 billion, and pointed out that this increase came from the “oil revenues unexpected,” in calling the Iraqi government to end the control of banks owned by the State on the banking sector, He stressed the need for the Iraq strengthening public financial institutions to ensure efficiency and transparency in the use of oil revenues. (more…)
IMF Press Release: IMF Mission Concludes Article IV Discussions with Iraq; Provides Suggestions for Stronger Economy
Posted: March 22, 2013 in Iraqi Dinar/PoliticsTags: Amman, CBI, Central bank, Central Bank Iraq, IMF, International Monetary Fund, Iraq, United States
Press Release No. 13/87
March 21, 2013
An International Monetary Fund (IMF) mission, led by Mr. Carlo Sdralevich, met with an official Iraqi delegation headed by the Acting Minister of Finance, Dr. Ali Al Shukri, in Amman, Jordan, during March 2-12, 2013 to conduct the Article IV Consultation discussion.
Ministry of Finance: The World Bank expressed satisfaction with the federal budget plans
Posted: December 14, 2012 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Finance, Finance Minister, Finance Ministry, Iraq, Nouri al-Maliki, World Bank
Published on Thursday, 13 January 1 / December 2012 19:57
BAGHDAD / obelisk: Finance Minister Rafie al-Issawi, Thursday, the World Bank expressed satisfaction with the federal budget plans for 2013 in Iraq as part of the ministry talks with the ongoing Bank in Amman.
Issawi said for “obelisk”, “The Ministry of Finance discussed with the World Bank in Amman schemes the federal budget and the distribution amounts,” adding that “the World Bank expressed satisfaction with the plans of the federal budget and the need to take advantage of international expertise to work on the development of distribution of financial”. (more…)
Iraq will participate in IMF meeting December 13-15; Discuss third review of stand-by agreement
Posted: December 12, 2012 in Iraqi Dinar/PoliticsTags: Abdel Basset Turki, Abdul Basit Turki, Amman, Baghdad, Central Bank Iraq, IMF Stand-By Arrangement, International Monetary Fund, Iraq
Published on Wednesday, 12 January 1 / December 2012
BAGHDAD / With: Iraq participates in the meeting of the International Monetary Fund to be held in the Jordanian capital Amman for the third review under the Convention on the Stand-By Arrangement with the International Monetary Fund. (more…)
Tomorrow: Jordan intends to discuss Iraq’s 1 billion dollar debt
Posted: September 17, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Amman, Baghdad, International Monetary Fund, Iraq, Iraqi government, Jordan, Paris Club, Politics of Iraq
09/17/2012
BAGHDAD / JD / .. intends Jordanian government to discuss the issue of debt on Iraq, amounting to a billion dollars, during a meeting with Iraqi Minister of Finance tomorrow.
held in the Jordanian capital Amman this week talks ministerial Jordanian-Iraqi to promote trade and economic relations between the two countries, and discussed aspects of cooperation in all fields, and that on the sidelines of the session 26 of the Trade Committee Jordanian-Iraqi Joint headed by Minister of Industry and Trade Shabib Ammari and Iraqi Minister of Finance Rafie al-Issawi, which Stbdogda Tuesday. (more…)
Kuwait: $16 billion sums received hope from Iraq
Posted: May 2, 2012 in Iraqi Dinar/PoliticsTags: Amman, Board of Directors, Iraq, iraqi, kuwait, natural gas, United Nation, United Nations Security Council resolution
(KUNA) – The President of the Board of Directors of the Public Authority for Assessment of Compensation for the loss of Iraqi aggression Mudhaf Khaled Ahmed, the need to continue the regular filing in the Compensation Fund to five percent of the proceeds from the sale of all exports of oil and petroleum products and natural gas to Iraq.
The Mudhaf in the word of Kuwait in the opening session of 73 of the United Nations Compensation to deposit regular come and according to the UN Security Council Resolution 1956 to the year 2010 in addition to five percent of the value of any payments of non-cash oil and petroleum products and natural gas. (more…)
Services Committee: the law on credit payment inconsistent with the policy of the IMF
Posted: March 11, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Amman, Budget, Economy of Iraq, Finance Minister, House of Representatives, International Monetary Fund, Iraq, Law
SUNDAY, MARCH 11 / MARCH 2012 11:04
The Commission services and the parliamentary ages, Sunday, that the House rejected the Law of the payment on credit as a result of incompatibility with the policy of the International Monetary Fund, referring to the possibility of re-consideration of this law in the event called on the government to do so. (more…)
Jordan seeks to meet its debts from Iraq in the form of trade agreements
Posted: March 10, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Amman, Baghdad, Central bank, Central Bank of Jordan, Iraq, Jordan, Kingdom, Paris Club
BAGHDAD / Baghdadiya News / .. to coincide with the visit of an Iraqi ministerial delegation headed by Finance Minister Rafie al-Issawi the Jordanian capital, Amman, informed sources revealed that the Kingdom is currently seeking to satisfy the debt owed by Iraq
A new trade agreements, despite opposition from the Paris Club. (more…)
The collapse of the Iraqi banks
Posted: February 26, 2012 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Baghdad Central Prison, bank, Board of Directors, Central Bank Iraq, Iraq, Karkh
Central Bank issued a Mphaja decision to stop dealing with the North Bank of Iraq for reasons not yet been clarified, and two days before the development of the Central Bank of Iraq’s seizure of the money the Bank of Basra in Iraq. Also Tmalqa the arrest of the President of the Board of Directors businessman Hassan Ghalib Kubba and deposited in the Baghdad Central Prison on the back charges of manipulating funds of depositors.
On the other hand the situation before the booking two weeks removed by the Central Bank of Iraq to the Iraqi Warka Bank funds, as well as Chairman of the Board on the money his administration Saad Saadoun Almtuare structure on the low profile is required to eliminate Bmujbmzkrh arrest warrants issued by an investigating judge Karkh. (more…)
Iraq is making great strides in the field of e-governance
Posted: November 3, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Government, Iraq, middle east, OPEC, United Nation, Warfare and Conflict
Activities of the workshop started to informatics training program leading national e-governance in Baghdad under the auspices of the Minister of Science and Technology Abdel Karim al-Samarrai.
A statement of the ministry received the news agency of public opinion (and babysit) a copy of a member of the Ministerial Committee for Corporate Governance electronic and Director of the Department of Information Technology in the ministry, Dr. Mahmoud Qasim Sharif, as saying that the workshop was held for the initiative by the Minister for Training (10000) employees of the departments of the upper and middle of the local and central governments and the provinces and all that comes out through (40) an employee as an expert rests on their launch article for the National e-Governance concepts and put diction and mutual understanding with the citizens at various levels and geographical patch includes most of the ministries and provinces. (more…)
Bankers: Iraqi officials have turned their assets from the banks of Damascus and Amman to the UAE
Posted: October 23, 2011 in Iraqi Dinar/PoliticsTags: Amman, bank, Damascus, Iraq, Iraqi people, Jordan, Syria, United Arab Emirates
Banking sources in Amman by some Iraqi government officials to transfer their assets from banks, Amman and Damascus to UAE banks. The sources said that there are some officials, they transferred their accounts and assets from banks, Amman and Damascus to the UAE as a result of circumstances Giralmstqrh in Jordan and Syria.
He added that most government officials and members of the House of Representatives and former owners of capital, Iraqis living in Amman, baptized in the last few days to transfer their assets to the banking UAE banks. Source did not specify the names of these characters except to refer it to a prominent political figures, most of whom are still government officials
Iraqi List leaders are meeting in Jordan to persuade Allawi to reconsider decision on NCSP
Posted: October 11, 2011 in Iraqi Dinar/PoliticsTags: Allawi, Amman, Arbil, Ayad Allawi, Iraq, iraqi list, Iyad Allawi, National Council
Meetings in Amman between Iraqi leaders to persuade Allawi to reverse the abandonment of the National Council
A Deputy from the coalition in Iraq for a meeting in Amman between the leaders of Iraq and its president, Iyad Allawi, to persuade the latter to withdraw the decision on the National Council for the strategic policy.
The MP said Ziad worldwide abolition The National Council for the strategic policy electoral entitlement, not entitlement to a personal and Allawi of the strong personalities that can run this Council and to achieve the partnership in the management of state and senior policy-making of the country, pointing to the existence of the meetings held in Amman between Iraqi leaders and President Allawi to persuade him to reverse this decision.
Arab Monetary Fund to restructure Iraq’s debt
Posted: September 7, 2011 in Iraqi Dinar/PoliticsTags: Abu Dhabi, Amman, Arab Monetary Fund, Arab people, Baghdad, International Monetary Fund, Iraq, United Arab Emirates
Erbil, September 7 / September (Rn) – Media sources said Wednesday that Iraq and the Arab Monetary Fund in Abu Dhabi signed a supplement to amend the Convention on the restructuring of Baghdad’s debt to the Fund.
The two parties had signed the Convention in June 14, 2008 in the Jordanian capital Amman as part of efforts to help Iraq and reconstruction.
And signed the Supplement and the Iraqi Finance Minister Rafie al-Issawi representatives from Baghdad and the Arab Monetary Fund, Jassem Al-Mannai Director General and Chair of the Board and on the sidelines of a meeting of Arab Ministers of Finance in Abu Dhabi.
WSJ: Iraq Oil Ministry, Oil Companies To Meet In Jordan September 11
Posted: August 29, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Contract, Dow Jones, Dow Jones & Company, Dow Jones Newswires, Iraq, Oil Ministry
By Hassan Hafidh
Of DOW JONES NEWSWIRES
AMMAN (Dow Jones)–Iraq’s Oil Ministry will meet Sept. 11 representatives of 40 world energy firms bidding for long-term deals for 12 exploration blocks under service contracts, a senior Iraqi oil official said Monday.
Top Iraqi Oil Ministry officials will meet executives of these companies, representing 22 nationalities, in Amman’s Le Royal Hotel on Sept. 11 to discuss details of the blocks on offer as well as contract terms, Abdul-Mahdy al-Ameedi, head of the ministry’s Petroleum Contracts and Licensing Directorate, or PCLD, told Dow Jones Newswires.
Read More: http://online.wsj.com/article/BT-CO-20110829-703653.html
COFE announced receipt of DFI
Posted: July 4, 2011 in Iraqi Dinar/PoliticsTags: Amman, Development Fund for Iraq, International Advisory and Monitoring Board, Iraq, iraqi, Jordan, United Nation, United Nations Security Council
0
Financial Control Department announces receipt of a Development Fund for Iraq officially
04/07/2011 12:12
Announced the Board of Supreme Audit file recognizes the Development Fund for Iraq officially And the end of eight years of international supervision of the Fund.
A statement by the Office of the Committee of Financial Experts Iraqis took over the file during the last meeting of the Council of the International Advisory and Monitoring Board on the Development Fund for Iraq in the Jordanian capital of Amman on the thirtieth of June last .
IAMB Press Release: Development Fund for Iraq
Posted: July 1, 2011 in Iraqi Dinar/PoliticsTags: Amman, Development Fund for Iraq, International Advisory and Monitoring Board, Iraq, Iraqi people, Press release, United Nation, United Nations Security Council
International Advisory and Monitoring Board of the Development Fund for Iraq
Press Release
June 30, 2011
Statement by the International Advisory and Monitoring Board of the Development
Fund for Iraq
The International Advisory and Monitoring Board (IAMB) of the Development Fund for Iraq
(DFI) met in Amman, Jordan on June 30, 2011 and issued the following statement:
“Over the past eight years the International Advisory and Monitoring Board (IAMB) has
overseen the operations of the Development Fund for Iraq (DFI), through which more than
$250 billion of Iraq’s oil export revenues have flowed. Today we conclude our work and are
honored to issue a final report and to hand over our responsibilities to the Iraqi Committee of
Financial Experts (COFE).
Iraq Minister of Foreign Affairs meets with World Bank Representative; Plans to open permanent office
Posted: June 30, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Development Fund for Iraq, Government, Iraq, middle east, Ministry of Foreign Affairs, World Bank
Met the agent, however, Abawi on 06/30/2011 with the Special Representative of the World Bank in Iraq, Mrs. Mary Helen Boknyl.
And Mrs. Boknyl pleased to come to Iraq and open a permanent office and a resident of the bank in Iraq will be is at the head of this office, noting that this will expand their office and staff will increase the number of residents in Baghdad after the closure of the office in Amman.
Financial control: the end of the international delegation to the Development Fund for Iraq
Posted: June 27, 2011 in Iraqi Dinar/PoliticsTags: Amman, Development Fund for Iraq, Iraq, Jordan, Politics of Iraq, UN Security Council, United Nation, United Nations Security Council
Announced the Board of Supreme Audit, on Sunday evening, the end of the mandate of the UN Security Council on the Development Fund for Iraq.
A statement by the Court “that Iraq will hand over files to the Fund Committee financial experts after the deadline next Thursday.”
The Iraqi government announced earlier that it will not request any further extensions to the work of “Development Fund for Iraq” which was the immunity from claims for compensation.
Iraq to hosting last meeting of International Advisory and Monitoring next Thursday in Jordan
Posted: June 26, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Development Fund for Iraq, International Advisory and Monitoring Board, International Monetary Fund, Iraq, United Nation, World Bank
BAGHDAD (Iba) … Hosts the Iraqi side, the last meeting of the International Advisory and Monitoring in the Jordanian capital Amman on Thursday, 30/6/2011.
A statement by the Supreme Audit Agency has received the independent press (Iba) a copy of which will participate in the meeting the President of the Board of Supreme Audit Chairman of the Committee financial experts as well as members of the Council of the International Advisory and Monitoring Board are representatives of the Secretary General of the United Nations and the International Monetary Fund and the World Bank and the Arab Fund for Economic Development and Alajtmaayukzlk Iraq’s representative in the Council mentioned ..
Iraqi Airways Sells Old Fleet
Posted: June 23, 2011 in Iraqi Dinar/PoliticsTags: Amman, Iraq, Iraqi Airways, kuwait, Kuwait Airways, Politics of Iraq, Queen Alia International Airport, Saddam Hussein
The state-owned Iraqi Airways is offering one of its old Boeing jetliners for sale as scrap as it continues to sell off the remnants of a decades-old fleet that was moved to neighbouring countries after Iraq’s 1990 invasion of Kuwait.
The 737-200, parked for years at Queen Alia International Airport in Amman, Jordan, had been used by Saddam Hussein’s government to transport VIPs.
Allawi flees to Jordan; May be issued arrest warrant
Posted: June 12, 2011 in Iraqi Dinar/PoliticsTags: Amman, Ayad Allawi, Baghdad, Dujail, Iraq, iraqi list, Islamic Dawa Party, Nouri al-Maliki
Iyad Allawi
A source reveals that the rule of law take advantage of the absence of immunity for Allawi for his arrest on charges of terrorism “
Detect the source of political beginning, Sunday, that a coalition of state law, led by Prime Minister Nuri al-Maliki would use in a lawsuit filed against the leader of the Iraqi List, Iyad Allawi, non-performance of the latter was sworn in the House of Representatives, which gives him parliamentary immunity for his arrest on charges of terrorism, stressing that Allawi flew to Amman being aware of the seriousness of the issue, with the Supreme Judicial Council noted that issuing an arrest warrant for Allawi is up to the court that the case brought before it.
The source said in an interview with “Alsumaria News”, “The Dawa Party, which is headed by the leader of a coalition of state law, Nuri al-Maliki would use in the lawsuit, filed against the leader of the Iraqi List, Iyad Allawi, non-performance of the latter was sworn in parliament, which gives him parliamentary immunity,” stressing that “the State the law seeks to order the arrest on charges of terrorism against Allawi. “
Jordan’s Prime Minister to visit Iraq next Wednesday to activate the economic side, between the two countries
Posted: May 28, 2011 in Iraqi Dinar/PoliticsTags: Al Arab Al Yawm, Amman, Aqaba, Baghdad, Business and Economy, Iraq, Jordan, middle east
BAGHDAD (Iba) Follow-up / – starts with Jordanian Prime Minister Marouf Bakhit on Wednesday a visit to Iraq at the head of a delegation of ministers, and representatives from the private sector, to discuss ways to strengthen cooperation in all fields between the two countries.
Revealed the Jordanian newspaper Al Arab Al Yawm source said it was the beginning, that Prime Minister will discuss with the delegation accompanying issues of trade and investment, transport and ways to develop the oil and economic issues, financial and administrative participation of Jordanian companies in investment projects and the reconstruction of Iraq.
Citigroup established an office to manage its activities in Iraq from Jordan
Posted: May 17, 2011 in Iraqi Dinar/PoliticsTags: Amman, Arab World, Baghdad, Iraq, Jordan, middle east, Politics of Iraq, Warfare and Conflict
Source: Reuters – 16/05/2011
Citigroup established an office to manage its activities in Iraq from Jordan
Announced Citigroup on Monday the establishment of an office in the Jordanian capital Amman for the management of its activities in Iraq as part of a U.S. group seeking to promote its services to companies in the war-torn country.
The group said in a statement it has appointed Dennis Flannery to head the new office, which will focus on serving financial institutions and governmental bodies and multinational corporations in Iraq.
Flannery said the extension the previous fiscal at the U.S. embassy in Baghdad in the statement, “Iraq’s economic indicators herald a bright future … and see a key role for the City in the development of local capital markets in supporting the financing needs of our customers.”
He said Mayank Malik, CEO of the group in Jordan that the opening of the Office of Iraq will contribute to support the financing needs of corporate clients.
City and spread in more than 160 countries and engaged in activities in the Arab world for nearly 50 years.
Iraq is demanding the U.S. government for compensation for mismanagement of funds
Posted: April 25, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Development Fund for Iraq, Iraq, middle east, PARIS, United Nation, United States
BAGHDAD (Iba) … Student Office of Financial Supervision of the U.S. government to provide compensation for mismanagement of funds and also asked the International Council to develop a mechanism for the recovery of Iraqi funds to the Development Fund for Iraq by the U.S. Inspector General found it had not acted fundamentalist.
Major international companies seeking to enter the Iraqi market
Posted: April 20, 2011 in Iraqi Dinar/PoliticsTags: Amman, Business, Business and Economy, Economy of Iraq, Information technology, Iraq, LG Electronics, middle east
21/04/2011
Major international companies seeking to enter the Iraqi market and promising recording the presence of a distinct, especially that the country is on the verge of a large urban revolution, which called for those companies to adapt their business to suit the requirements of the labor market of Iraq ..
Were held company LG Electronics, a leader in the field of telecommunications and information technology, recently a seminar in Amman on new products in support of B2B technology which has been incorporated into the Iraqi market ..
UN Meeting Friday April 8th: UNAMI
Posted: April 5, 2011 in Iraqi Dinar/PoliticsTags: Amman, Baghdad, Ban Ki-Moon, Iraq, Secretary-General of the United Nations, United Nations, United Nations Assistance Mission in Iraq, United Nations Security Council resolution
About UNAMI
The United Nations Assistance Mission for Iraq (UNAMI) was heralded in Security Council Resolution 1500 adopted on 14 August 2003 as a one-year follow-through mission in the wake of the Oil-for-Food programme handover on 21 November 2003.
In the aftermath of direct attacks on the UN in Iraq and the subsequent evacuation of the UN international staff from Baghdad by November, political and security concerns vis a vis mandate and re-entry were urgently reviewed by the Secretary General. During this period, a core UNAMI forward planning team supported the development of innovative operational options for continued UN involvement in Iraq and established a centralised coordination and information sharing mechanism for the relocated humanitarian community in Amman.
FAQ: http://www.uniraq.org/documents/FAQ_EN_Oct09.pdf
Iraq’s Trade Bank to raise capital by 41%
Posted: March 25, 2011 in Iraqi Dinar/PoliticsTags: Amman, Beirut, Financial services, Iraq, Istanbul, Letter of credit, London, Trade Bank of Iraq
The government-owned Trade Bank of Iraq will raise its capital by 41 per cent with provisions from last year’s profit, Abdel Hadi Sadeq Abdel Hadi, deputy director general, said.
Capital will be raised to $1.2 billion from $840 million, he said in an interview in Amman. The bank, the country’s main provider of letters of credit and guarantees, made a profit of about $386m in 2010, he said.
(more…)
