Posts Tagged ‘Development Fund for Iraq’

Iraqi parliament supports the actions of the central bank to ensure the stability of the dinar

Posted: May 12, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

SUNDAY, MAY 12 / MAY 2013 18:03

announced the Presidency of the Council of Representatives, on Sunday, its full support for the action the central bank intends to take to ensure the stability of the Iraqi currency after it experienced a decline in value against the dollar to a record level in two years.

And plunged the value of the Iraqi dinar gradually over the past weeks to reach the price per dollar to about 1129 dinars after it had been stable for 1120, the highest rate up to the exchange rate during the past two years. (more…)

Iraq considers transfer DFI funds to the responsibility of CBI; Will likely seek another year of DFI protection by U.S.

Posted: May 8, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , , , ,

Iraqi funds between several options .. I represent the extension of protection
Al-Sabah – 05/08/2013 – 1:28 pm

With the approach of the end of the period

at the time is approaching when Iraq from the expiry date of the protection fund Iraqi funds DFI of the Government of the United States, called specialists government officials to reconsider this issue and choose the most appropriate solution to end this file from a range of options notably the transfer of the remaining money in the fund to Iraq and the central bank to assume responsibility for payment of debt creditors. (more…)

Iraq should not be to take advantage of its money, says Global Center for Development Studies

Posted: April 21, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraqi Al-Mustaqbal – 04/16/2013

Future of Iraq confirmed Global Center for Development Studies in London in a report issued by that Iraq is unable to take advantage of his money; because it does not have the budget for this year in the amount of about 119 billion U.S. dollars except what converts revenue from the sale of oil to the so-called “Development Fund for Iraq “of the International Monetary Fund. (more…)

Governor of CBI discusses with the U.S. Fed the protection of Iraq’s money.

Posted: April 17, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

17/04/2013 12:17:00
BAGHDAD / NINA / The acting governor of the Central Bank of Iraq, Abdul Basit Turki discussed with the U.S. Federal Bank the issue of the protection of Iraq’s money.

A statement of the Central Bank of Iraq cited that the issue of the Iraqi Central Bank reserves and the Development Fund for Iraq and other technical issues were discussed during the meeting, which came on the sidelines of the spring meetings currently being held in Washington.”

http://bit.ly/11hF3Q9

Finance Committee contracts with international firm to audit DFI accounts

Posted: April 10, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Parliamentary Finance contracts with international experts to audit the accounts (DFI)
The time on Wednesday, April 10 / April 2013 11:11 | |

Began the parliamentary Finance Committee, Wednesday, Bograet contracting with international financial experts for the purpose of auditing financial Iraq Fund ( DFI ) after 2003 until the exit of U.S. troops from Iraq. (more…)

Iraqi government approves law over confiscating last regime’s funds

Posted: March 26, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Tuesday, 26 March 2013 16:02 | | |

Baghdad (AIN) -The Iraqi Government approved the law over reserving and confiscating the movable and immovable moneys belonging to the last regime. (more…)

Iraq to deposit $4 billion in Egypt Central Bank to support Egyptian economy

Posted: March 25, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraq filed four billion dollars of his assets in Egypt to promote its hard currency reserves

2013/03/25 13:57

Egypt announced on Monday, sending an economic delegation to Iraq includes the Minister of Planning and the Governor of the Central Bank and economists to agree on the details of the deposit of the Iraqi foreign currency in the Central Bank of Egypt in order to support the Egyptian economic semi-collapsed because of the protests and unrest continued in the country for more than two years . (more…)

IMF: Iraq preventive balances rose to $18 billion, but this is not enough to protect

Posted: March 23, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

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…)

The Text of the Iraq 2013 Budget

Posted: March 8, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The House voted today on the federal budget law for fiscal year 2013, which was calculated its revenue from export of crude oil on the basis of the average price of $ (90) dollars per barrel.

Resolution No. ()

Building “on what passed the House in accordance with the provisions of sub-section (I) of Article (61) and item (iii) of Article (73) of the Constitution
President of the Republic decided on / / 2013
Issuing the following law: (more…)

Planning: Iraq was subjected to a lot of financial blackmail after 2003 and we have alternatives for U.S. protection for our money

Posted: February 24, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , , ,

Editor: NK, RS 02.24.2013 15:14

Revealed the Iraqi Planning Ministry, on Sunday, for “subordination” Iraq for many “blackmail” Finance after 2003, and showed that the government gained a lot of suits brought by private companies, while revealed the existence of alternatives to protect Iraqi funds in the United States after the end of American protection in the current year.

(more…)

Source: Washington worried about the situation in Iraq; Will not renew DFI protection in 2013

Posted: February 19, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The time on Tuesday, February 19 / February 2013 09:58 | |

A senior political source revealed about the intention of the U.S. administration to inform the Iraqi government a message that the U.S. government is concerned monetary and financial developments taking place in the country.

He said that the U.S. Embassy in Baghdad told the Iraqi government that the U.S. delegation from the U.S. Treasury, “financial” will arrive in Baghdad with a bank officials the U.S. Federal Reserve, “Federal Reserve” to inform the Iraqi government a message that the U.S. government is concerned about financial developments and current cash in the country. (more…)

EU amends Iraqi sanctions: Specific restrictions on economic and financial relations with Iraq

Posted: February 2, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Screen Shot 2013-02-02 at 11.44.55 AMThe EU Foreign Ministers Council meeting here Thursday announced that it has amended regulation 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq.

This will permit the transfer of frozen funds to the successor arrangements to the Development Fund for Iraq put in place by the GOI under the conditions set out in UNSC resolutions 1483 (2003) and 1956 (2010),” said the short statement without giving any details.

(more…)

Finance Officer: Iraq has the right to withdraw part of the cash reserves in the Development Fund for Iraq

Posted: January 10, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

10/01/2013 11:06:00
BAGHDAD / NINA / banks’ manager in the Ministry of Finance, Hilal Taan said that Iraq could withdraw money from the cash reserves in the Iraqi Development Fund for Iraq / DFI / deposited in the Federal Bank of the U.S.

Taan said in a statement to the National Iraqi News Agency / NINA /: “Iraq has the right to withdraw part of the money provided signature of the Minister of Finance and Prime Minister only on the amount to be withdrawn.” (more…)

Iraq 2013 Budget Allocations

Posted: November 29, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Highlighted the Committee’s observations on economic Budgeting 2013

11/29/2012

BAGHDAD / JD / .. revealed the Economic and investment for most observations on Budgeting Federal public in 2013, including the failure to determine the scope of exchange institutions for amounts allocated to them. (more…)

2013 Budget expected to reach parliament sometime after Eid holiday

Posted: October 28, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

After Eid budget 2013 up to Parliament
10/28/2012 12:11 PM Economy no comments

MP for the rule of law Ibrahim Rikabi

“Portal Iraq” BAGHDAD – The MP said the coalition of state law Ibrahim Rikabi in a statement Sunday that “the Council of Ministers has audited the budget year 2013 and discussed extensively discussed by the Ministry of Finance to assess the State’s need for the purpose of construction and reconstruction and Alroatib her.” (more…)

UN Sec General Ban predicts full compensation of Iraqi invasion victims by early ’15

Posted: July 11, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

UNITED NATIONS, July 10 (KUNA) ­­ Secretary General Ban Ki­moon expressed satisfaction with Iraq’s
cooperation with the UN Compensation Commission (UNCC) and Baghdad’s continued payments of five
percent of its oil proceeds to compensate the victims of the Iraqi invasion of Kuwait in August 1990,
.predicting that full compensations will be completed by early 2015 (more…)

Fund to recover the money Iraq is seeking to recover billions of dollars he stashed the former regime

Posted: June 9, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Ali Salman – 06/06/2012 AD – 10:14 AM

Despite the lapse of more than nine years after the fall of the dictatorial regime, but the billions of dollars that fled during the bloody reign corrupt, still hidden, called on the government to start legal prosecution of these funds looted from the treasury of Iraq.

Has revealed a source familiar with the Finance Committee in the House of Representatives for the government to initiate and fund after passing a law to recover money for Iraq to prosecute serious money. (more…)

Iraq confirms its commitment to pay the dues arising from the Paris Club agreement

Posted: June 6, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Erbil, June 6 (Rn) – The Iraqi government announced on Wednesday that the adoption of my recommendation to the Ministerial Committee for ensuring the protection of Iraqi funds fall within the fulfillment of international obligations and the completion of the items that resulted from Iraq by the policies of the former regime.

The Cabinet had decided at its twenty-fourth session on Tuesday approved my recommendation to the Ministerial Committee for ensuring the protection of Iraqi funds. (more…)

Iraq admits two recommendations for the protection of his money abroad and debt settlement

Posted: June 6, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
Tags: , , , , , , ,

TUESDAY, JUNE 5, 2012 19:25

Iraqi government approved on Tuesday, two recommendations of the ministerial committee in order to continue to protect his assets abroad and pay the debt.

And took the Ministerial Committee on the Status of a mechanism to ensure the protection of Iraqi funds last April, a series of resolutions and recommendation submitted to the Cabinet for submission to the Presidency of the Republic to apply to Washington to extend the protection of funds abroad for another year. (more…)

Dr. Chalabi, US Ambassador discuss renewal of immunity to the Development Fund for Iraq, DFI

Posted: May 23, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

17/05/2012 : Date

HE Dr. Ahmed Abdel Hadi Chalabi, head of the Iraqi National Congress yesterday the U.S. ambassador to Iraq, James Jeffrey and Deputy Assistant Secretary of State for Iraq, Barbara Leaf in his office in Baghdad. (more…)

Financial representative says that the money retained in the Iraq Trust Fund will cover the budget deficit

Posted: May 7, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

07/05/2012 18:45

Baghdad, May 7 / May (Rn) – The Finance Committee representative on Monday that the money retained in a fund to support Iraq’s (DFI) will cover the budget deficit this year of $ 13.5 billion, indicating that the deficit situation in the budget as the number of speculative and not real. (more…)

Special Inspector General for Iraq Reconstruction: April 2012 Quarterly Report

Posted: May 5, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , , , , , , , ,

Originally Posted 5/5/2012

SIGIR Mission Statement
Regarding U.S. relief and reconstruction plans, programs, and operations in Iraq,
the Special Inspector General for Iraq Reconstruction provides independent and objective:
· oversight and review through comprehensive audits, inspections, and investigations
· advice and recommendations on policies to promote economy, effi ciency, and effectiveness
· prevention, detection, and deterrence of fraud, waste, and abuse
· information and analysis to the Congress, the Secretary of State, the Secretary of Defense,
and the American people (more…)

Iraq is continuing the investigation into the disappearance of funds during the CPA

Posted: May 4, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, May 4 / May (Rn) – The Iraqi investigative committee to continue the joint verification of funds spent during the civil administrator Paul Bremer and the successive governments without the existence of the exchange are shown they are looking for money exchange without the consent of the House of Representatives during the past years. (more…)

America: funds for the reconstruction of Iraq went into the pockets of rebels, with the participation of local authorities and tribal leaders

Posted: May 4, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

WEDNESDAY, 02 MAY / MAY 2012 11:29

report of the Organization of American control, some U.S. officers believe that the money allocated by Congress for relief and reconstruction in Iraq, may have ended up in the pockets of the “rebel groups”.

It included a survey conducted by the Office of Inspector General for Iraq Reconstruction, officers and officials associated with the leaders of the program of rapid response to requests, a fund used by U.S. military officers, in order to support reconstruction projects in their areas of responsibility in Iraq. (more…)

House of Representatives reveals exchange $8.8 billion of Iraq’s development of the documents without

Posted: May 2, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

WEDNESDAY, 02 MAY / MAY 2012 08:59

investigative committee revealed in the Development Fund for Iraq funds formed by the House of Representatives, Wednesday, for the amount of $ 8.8 billion exchange of documents without, indicating that the total amount that is being investigated on it with a $ 61 billion. (more…)

Transparency Alliance: $80 million difference between the financial data of the Ministry of Oil and Development Fund, the UN

Posted: April 25, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

A member of the Alliance of the Extractive Industries Transparency Iraqi Akram Khuzaie for a difference between the financial data of the Ministry of Oil on the financial revenues from oil exports and the statements of the Development Fund for Iraq, which is supervised by the United Nations.

The Alliance is a group of civil society organizations and media organizations, journalist and personalities from the media experts and aims to promote transparency and control over Iraq’s oil revenues (more…)

Member of parliamentary finance: Decision to extend the protection of Iraq’s money abroad is subject to a decision of the Obama and expect its release

Posted: April 22, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Sunday, April 22 / April 2012 13:20

A member of the parliamentary finance committee that the protection of Iraqi funds in the United States subject to a decision of U.S. President Barack Obama.

A member of the Committee Haitham Jubouri told all of Iraq [where] that “the funds of the Iraqi people abroad are protected by several decisions and now there are committees formed in this regard after the money for international protection and those Committees Iraqi Supervisor of the Development Fund for Iraq [DFI] and we are betting on the decision of U.S. President Barack Obama on the liquidation of debt, especially after the conclusion of the strategic framework agreement between the two countries in 2008. ” (more…)

The end of U.S. protection of Iraqi funds nearing their exposure amid fears of an Iraqi looting under Compensation

Posted: April 11, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Date: Thursday, 04.12.2012 0:42

Many experts have warned Iraq of the consequences of non-renewal of the protection of U.S. Iraqi funds that will be vulnerable to looting by the fictitious claimants compensation in the words of the CBI.

Economic Committee of the Iraqi Council of Ministers resolution calling on the Prime Minister and the Foreign Ministry to address the U.S. President Obama about the possibility of extending the protection period for the money another year. And held a special ministerial committee to develop a mechanism to ensure the protection of Iraq’s money in its twentieth meeting on Wednesday morning under the chairmanship of Deputy Prime Minister Dr. Roژ Nuri Shaways and the presence of ministers of finance and oil, Justice and President of the Office of Financial Supervision and Governor of Central Bank of Iraq and Clai and Foreign Ministries of Planning and Legal Adviser to the Prime Minister and Advisor Deputy Prime Minister. (more…)

Who is responsible for the benefit of the loss of Iraqi funds? Specialists: 17.5 billion dollars have been disbursed from the Development Fund for Iraq

Posted: March 23, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Confirms the Special Inspector General for Iraq Reconstruction that a committee immediate follow-up (Committee to Protect Iraq’s money abroad) that the $ 6.6 billion is believed to be missing, or perhaps stolen from the funds of the reconstruction of Iraq and the amounts stolen or lost started to fade away day after day for many reasons such as lack of sergeant directly by the Iraqi government, or its presence in the hands of dishonest and despite reports sent sent by Iraq to the United Nations about the theft of this money is still going towards silence and the questions are many, and perhaps most important: Who is responsible for the benefit of? What is the fate of billions in Iraq? (more…)

Iraq calls for U.S. to continue the protection of its $17 billion abroad

Posted: February 28, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , , ,

Article One

Erbil, February 28 (Rn) – Iraq demanded Tuesday of the United States formally extended the protection of its funds abroad for another year.

Iraq had last year formed committees to undertake the task of recovery of Iraqi funds in a number of countries after the adoption of the law of recovery of Iraqi funds abroad by the House of Representatives.

The UN Security Council voted unanimously in mid-January on the last three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes and cancel the oil for food program. (more…)

Older Entries