Posts Tagged ‘August’

14/4/2013 11:45:00

Deleting three zeros from the local currency

Said parliamentary Finance Committee, the central bank, according to correspondences official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic.

A member of the Finance Committee Abdul Hussein al-Yasiri Center Brief for the Iraqi Media Network, said, “according to Almkhtabat official with the central bank, it is supposed to start this year Balastaadadt necessary to delete three zeros from the local currency. ” (more…)

Published on Saturday, April 13 / April 2013 14:28

the Electoral Commission announced the election, Saturday, received a request from the Kurdistan region of Iraq holding the presidency of the region and its parliament in July and August next.

A member of the Board of Commissioners Soran Ahmed told reporters, including reporter “obelisk”, “The Kurdistan region of Iraq sent us a request to hold elections of his presidency and parliament in July and August next,” noting that “the coming weeks will witness identification elections and take logistics requirements in coordination with officials in the region “. (more…)

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement: “Inflation basis calculated for the month of September amounted rate of 5.2%, and this ratio approach of inflation calculated for the month of August, a slight increase due to the expiry summer in Iraq and the beginning of the winter season. ” (more…)

CBI stressed that “the foundation’s annual inflation which was announced by the Ministry of Planning is not large and is considered under control in such circumstances experienced by Iraq.”

The deputy governor of the Bank the appearance of Mohammed Saleh “that the inflation rate basis for the last month of August rose to 141.0 percent attributing the cause to rise in housing prices and private rents.” (more…)

Monday, September 17, 2012 09:42 GMT

B. Central Bank Governor appearance of Mohammed Saleh
Alsumaria News / Baghdad

Iraqi Central Bank announced on Monday, for the high inflation rate basis for the month of August last year to 141.0 percent rise annually to 5.0 percent, attributing the cause to rise in housing prices and private rentals. (more…)

House of Representatives held its 17-chaired by Najafi and the presence of 222 deputies
August 28, 2012 09:06 GMT

Alsumaria News / Baghdad
The Council of Representatives, on Tuesday, its regular headed by Osama Najafi and the presence 222 deputies, as he emphasized that a parliamentary source that the Council will discuss the four draft laws as well as on the subject of oil pipelines passing within the city of Babylon archaeological. source said in an interview for “Alsumaria News “,” (more…)

Said the General Secretariat of the Council of Ministers to resume office hours on Thursday, hours after the crash of two consecutive Thursdays.

According to press reports, “The General Secretariat of the Council of Ministers decided to resume official working in Baghdad and the provinces on Thursday 16/8/2012.” (more…)

05/08/2012 17:52

Baghdad, 5 August / August (Rn) – The Special Representative of the Secretary-General in Iraq Martin Kobler has expressed concern about the delay in the selection of members of the Board of Commissioners of the new High Commissioner of the elections.

Kuebler said in a statement that “any further delay in the appointment of new commissioners, would be a serious threat to the democratic process in Iraq,” (more…)

18-07-2012 12:09 PM
Are free – The price of gold on Tuesday ahead of testimony Ben Bernacki Federal Reserve Chairman before the Us Congress, which is expected to give indications of the intentions of the Bank on the launch of further monetary stimulus measures. (more…)

Increased volumes and the higher price of crude oil pushed Iraq’s income from oil sales up by nearly 60 percent in 2011 compared to the previous year, according to AFP.

Oil ministry figures published on Monday showed that total exports of oil increased 15 percent to 790.5 million barrels of oil, or an average of around 2.17 million barrels per day (bpd), compared to 689.9 million barrels in 2010.

Prices rose by around a third, bringing in revenue of $82.988 billion in 2011, versus $52.2 billion the previous year. (more…)

Baghdad (news) .. Ministry of Planning predicts high rates of implementation of the National Development Strategy during the three months remaining of the year.

He said Undersecretary for Technical Affairs Sami when Paul Chairman of the Technical Committee to prepare the plan in a statement to the Agency (news) said on Monday: It is expected that the three months remaining of the current year will witness a high rate of implementation in the National Development Strategy.

(more…)

Reuters: Iraq inflation hits 7.6% in August

Iraq’s core annual inflation (which excludes expenditure on fuel) increased from 7.1 percent in July to 7.6 percent in August, according to Reuters, driven mainly by higher prices of food and clothes over the Muslim holy month of Ramadan.

Central Bank Deputy Governor, Mudher Kasim, told the agency that the higher price of gold in the local market and an increase in the cost of services had also pushed inflation up.

(more…)

Iraq’s oil production continues to see steady increases due to the work of foreign oil companies. The problem is that the country’s export infrastructure is at capacity, and cannot handle the recent rise. September 2011 was a perfect example, when the Oil Ministry announced a new post-invasion high in capacity, but a drop in exports.

In September, Iraq said that it had greatly increased its oil capacity, but that its foreign sales were down. The Oil Ministry told the press that its capacity had reached 2.95 million barrels a day for the month, the highest since 2003. Despite that good news, the Ministry said it had only exported 63.1 million barrels in September, which was down from 67.9 million barrels shipped in August. (more…)

On: Wed, 10/13/2011 13:31

Baghdad (news) .. The Ministry of Planning for the registration of a slight rise in indicators of inflation in Iraq for the month of September by 1% compared to August.

A statement of the ministry received the Agency (news) a copy of it today: The Central Bureau of Statistics completed the inflation report for the month of August 2011 which was prepared on the basis of collected field data on the prices of goods and services components of the consumer basket of selected sample of outlets in all provinces of the country.

The statement added that the inflation indicators for the period from July 2010 until July 2011 witnessed were higher by 5%

http://bit.ly/oLSkDi

Guido Westerwelle ‭, ‬ German foreign minister

01/10/2011 21:29

Arbil, October 1 / October (Rn) – German diplomat Martin started as head of the Kubler United Nations Organization Mission in Iraq.

And the transfer site (Deutsche Villa) for German and German Foreign Minister Guido and Strula as saying that “the election for this position Kuebler, shows the position of Germany in the reconstruction of Iraq and to address its internal problems.”

(more…)