Posts Tagged ‘Finance Ministry’

Changes ares expected in Iraq’s Ministry of Finance; CBI could be next

Posted: February 26, 2013 in Iraqi Dinar/Politics
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Changes in the Ministry of Finance .. exempt inspector general of the ministry and the Director of the Office of the Minister and the Director of Administration
Published on Tuesday, February 26 / February 2013 09:40

Official source said, Tuesday, that the prime minister has decided to move Riad Mohsen al-Ani of the Department of Administrative Affairs in the Ministry of Finance and the exemption Salah Abdul Sahab of the tasks of the Director of the Office minister, as well as an end to instruct the Inspector General of the Ministry of. (more…)

CBI announces selling 80 billion Dinar treasury bills

Posted: January 25, 2013 in Iraqi Dinar/Politics
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23-01-2013 – 10:29

Central Bank of Iraq announced on Tuesday January 22, that it sold 80 billion Dinars worth of treasury bills, pointing out that 3 participants bought all the issued T-bills.

“Ministry of Finance decided to hold the 48th public auction and sold 182-day treasury bills for 82 billion Dinars”, said the Central Bank’s press release issued Tuesday January 22, of which Alsumaria got a copy. The press release pointed out that “the entire issue was sold for the highest bidders”. (more…)

Finance Committee discussed the response of the Ministry of Finance on the House proposals on budget bill 2013

Posted: December 27, 2012 in Iraqi Dinar/Politics
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Baghdad (news) .. held the Finance Committee headed by Chairman of the Committee MP Haider al-Abadi, to discuss and debate the responses and the Ministry of Finance on the first part consignee of proposals gentlemen members of the House of Representatives on some paragraphs in the draft budget law of 2013. (more…)

Economist Opinion: Delaying 2013 budget will affect the growth of the nations economy

Posted: December 15, 2012 in Iraqi Dinar/Politics
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Baghdad (newsletter) … The Economist called a Quraishi, the need to speed up the adoption of the general budget (2013) this month to Exchange starts at the beginning of the financial year POPs, delaying approval will affect the growth of the national economy.

Quraishi said (News News Agency): to delay adoption of the general budget would adversely affect the implementation of SOA projects and investment in the country, and provincial ministries work baffle because they have annual investment action plan starts with the beginning of the year. (more…)

Ministry of Finance: The World Bank expressed satisfaction with the federal budget plans

Posted: December 14, 2012 in Iraqi Dinar/Politics
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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…)

Vietnam set to raise minimum wage by nearly 10 percent

Posted: November 10, 2012 in Asian Currency Markets
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Last Updated: Thursday, November 01, 2012 03:10:00

Frugality may allow Vietnam to raise the minimum wage for state employees by VND100,000 (US$4.8) per month beginning next July, the Finance Ministry said in a Wednesday report.

The report released at a session of the National Assembly said the ministry has gone over the state budget again, and having considered opinions from various legislators, decided that the budget can afford a small increase to the minimum wage. (more…)

Specialists: drop in oil prices would disrupt next year’s budget

Posted: October 31, 2012 in Iraqi Dinar/Politics
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10/31/2012 12:00 am

Enemy of $ 90 a barrel .. «Bullish»

showed a number of specialists in the economic fears of the possibility of lower oil prices globally, which can lead to confusion of Iraq’s budget for next year, which was built on the basis of calculating the price of $ 90 a barrel, which would cause, according to the views of specialists to increase the budget deficit, and therefore having to reduce the total capital expenditures and operating, or borrowing, as happened during the global financial crisis in 2008, and whilst reducing the Ministry of Finance of the risks it mentioned that he came after increasing public expenditure of the state, expressed Monetary Fund and the World Bank their reservations on the process of calculating the value of a barrel of oil in the next budget, especially with the foggy scene production and export of Petroleum Iraqi could drop due to a variety of factors affecting it, particularly the security factor. (more…)

Iraq Ministry of Finance doesn’t place much weight on IMF, World Bank objections on oil pricing

Posted: October 28, 2012 in Iraqi Dinar/Politics
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The Ministry of Finance reduce the importance of objection Monetary Fund and the World Bank to raise the price of a barrel of oil in the budget
25 October, 2012 07:15:00

Reduce the Ministry of Finance of the importance of an interception Monetary Fund and the World Bank to raise the price of a barrel of oil in the federal budget, indicating that the addition of five dollars on the price of a barrel came as a result of increased expenditures in the budget. (more…)

Economist calls for Iraq to adopt Egyptian budget system

Posted: October 6, 2012 in Iraqi Dinar/Politics
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Future news agency – 10/06/2012

BAGHDAD / With: called Mustansiriya University economics professor Abdel Rahman al-Mashhadani, Saturday, to the adoption of the Egyptian regime in preparing the budget, criticizing at the same time not to involve stakeholders economic research centers to prepare the budget. (more…)

Ministry of Finance: Completion of preparing the final accounts of Iraq in 2011

Posted: August 5, 2012 in Iraqi Dinar/Politics
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Baghdad / justice – 05/08/2012

Ministry of Finance announced the completion of the final accounts for the year 2011 of the Republic of Iraq.

The ministry said in a press release was sent the final accounts for the year (2011) to the Office of Financial Supervision, which contained entry opening with analytical tables, financial statements, including – the balance sheet and calculate the outcome measure.’s (more…)

Member of the Economic Commission: Government calls for postponement of the tariff for two more years

Posted: August 2, 2012 in Iraqi Dinar/Politics
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Date: Thursday 08/02/2012 11:17:02

Baghdad (news) .. Revealed by the Economic Commission deputy / coalition in Iraq / Nora Salem Albjara, about the intention of the federal government to implement the Tariff Act after two years from now, criticizing the decision as to Aasb the interests of the national economy. (more…)

Completion of the preparation of the final accounts of Iraq in 2011

Posted: July 31, 2012 in Iraqi Dinar/Politics
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Ministry of Finance announced the completion of the final accounts for the year 2011 of the Republic of Iraq.

The ministry said in a statement received / JD / a copy of which has been sent the final accounts for the year (2011) to the Office of Financial Supervision, which contained entry opening with tables of analytical and statements Finance, including – the balance sheet and calculate the outcome measure. (more…)

Economy committee criticizes fourth delay of application of customs law in Iraq

Posted: July 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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ERBIL, July 28 (AKnews) – The economic committee in the Council of Representatives has criticized the delay in the application of the customs law in the country.

In May the committee demanded postponing the application of the customs law because of its impact on poor people. The law was scheduled to be applied in June. (more…)

Critical of the parliamentary Economic fourth postponement for the application of the customs tariff in Iraq

Posted: July 28, 2012 in Iraqi Dinar/Politics
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Erbil, July 28 (Rn) – criticized the Economic Committee in the House of Representatives postponed last Saturday for the application of the Tariff Act in the country.

The Economic Commission called for in last May to postpone the application of the Tariff Act because of its impact on the poor.

And was scheduled to apply the law in Iraq as of June next. (more…)

Economic Committee Member: Postponing the implementation of customs tariffs for the fourth time “if negative” on the government to circumvent it

Posted: July 28, 2012 in Iraqi Dinar/Politics
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I consider a member of the Committee of Economy and Investment parliamentary bloc MP for the Liberal of the Sadrist movement Abdul-Hussein al-Husseini Resan to postpone the application of customs tariffs for the fourth time, “the case of a negative,” the government to pay attention to it. (more…)

New Proposal to apply the tariff without impact on the citizen

Posted: July 22, 2012 in Iraqi Dinar/Politics
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22/07/2012 0:00

announced that a member of the Committee of Economy and Investment Attorney Nora Albjara, the intention of its Committee held an extensive meeting with representatives from the ministries and institutions on the Law of the customs tariff to discuss the possibility of its application without impact on the citizen and determine the timeframe for its implementation. (more…)

The parliamentary economic plans a new mechanism for the application of tariff law

Posted: July 21, 2012 in Iraqi Dinar/Politics, Top Headlines
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Erbil, July 21 (Rn) – The Member of the economy and investment, on Saturday, the intention of its Committee held an extensive meeting with representatives from the ministries and institutions on the Law of the customs tariff to discuss the possibility of its application without impact on the citizen and determine the timeframe for its implementation. According to a statement. (more…)

Economist: Lack of political will behind the lack of success of the restructuring plan by the banks, the World Bank

Posted: July 21, 2012 in Iraqi Dinar/Politics
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21-07-2012

He attributed the economic expert Majid picture reasons for lack of success of the restructuring of State-owned banks by the World Bank to the absence of real political will called on the government and the House of Representatives to follow up the work on and implement all the recommendations, at the same time, member of the Finance Committee in the House of Representatives Abdul-Hussein al-Yasiri to plan the International Monetary Fund to restructure State-owned banks have not achieved some success full. (more…)

Economic Commission Member: GOI should explain the reasons for postponement tariff law

Posted: June 30, 2012 in Iraqi Dinar/Politics
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On: Saturday 06/30/2012 8:14

Baghdad (news) .. Student member of the Economic Commission for MP / National Alliance / Amer Jassim winner of the Federal Government to explain the reasons for postponement of the Tariff Act of schedule, calling for retreat from the decision to postpone being a Aasb the interests of the local product.

The winner (of the Agency news): The Economic Commission strives to apply the Tariff Act for the purpose of protecting local products and the preservation of the national economy but the government is deliberately not implemented without the knowledge of good reasons to postpone it. (more…)

Finance: We need to start in the application of tariff law

Posted: June 26, 2012 in Iraqi Dinar/Politics
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26/06/2012 03:40
BAGHDAD / Center Brief for the Iraqi Media Network – Detection and the Ministry of Finance that the main reason behind the request to postpone a law customs tariff is due to the lack of specialized staff to monitor the entry of goods, stressing that it takes a full year to end the rehabilitation project and the preparation of the cadres. (more…)

CBI underlines the need to apply tariff law at end of the month

Posted: June 24, 2012 in Iraqi Dinar/Politics
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23/06/2012 06:44

BAGHDAD / Center Brief for the Iraqi Media Network – The Central Bank of Iraq, with the application of the law of the customs tariff on goods Alastelakih that help economic development in the country.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh (Brief Center for the Iraqi Media Network) that “the central bank supports the application of the law of the customs tariff on consumer goods that support the Iraqi economy.”

(more…)

Finance committee is formed to end the file of government debt

Posted: June 23, 2012 in Iraqi Dinar/Politics
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06/23/2012 0:00

Ministry of Finance announced it has formed a higher committee to resolve the internal file trade creditors. He said Undersecretary Fadel Prophet’s (Center Brief for the Iraqi Media Network) that “the ministry formed a committee from the Department of Public Debt and Legal Consultative Committee, the Board of Audit to facilitate the exchange of internal debt of the ministries and government bodies.” (more…)

Banking Expert: open branches of the stock market in the provinces will increase national income

Posted: June 18, 2012 in Iraqi Dinar/Politics
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Date: Monday, 18-06-2012 10: 03 am

Baghdad (newsletter) … Banking expert suggested Ghazi alkanany, open the specific sections of the Iraq market for securities in all provinces to promote investment through stock trading.
Alkanany said (News Agency news) Monday: all governorates of Iraq need independent exchanges through which entry investment firms located in the governorates and stock trading, will encourage investment in the country. (more…)

World Banking and Finance Summit will take place on 26-27 June in London

Posted: June 12, 2012 in Iraqi Dinar/Politics, Top Headlines
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World Banking and Finance Summit: 26-27 June 2012

The changing shape of international banking

The World Banking and Finance Summit 2012 will examine the changing shape of global banking and finance in the light of macroeconomic imbalances and the new role of debtor and creditor nations. The agenda will look at the main emerging economies and the subsequent shift in economic power from established centres to new contenders. (more…)

Lack of banking services reflects the economic crisis in Iraq

Posted: June 12, 2012 in Iraqi Dinar/Politics
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BAGHDAD – News Network Iraq – The Central Bank of the country is suffering from a low per capita share of banking services to reach an average to one bank per 40 thousand people, is a big difference from what exists in neighboring countries. (more…)

Warnings from the exploitation of customs tariff law for-profit

Posted: June 3, 2012 in Iraqi Dinar/Politics
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Date: Monday 04/06/2012 1:06

Economic analyst warned Ibrahim al-Mashhadani, from the exploitation of some traders to the customs tariff law to raise prices in the market doubly, indicating that the local market is dominated by the “sharks” who exploit opportunities for profit. (more…)

Customs tariff; Economic irony between the government and the Central Bank

Posted: June 3, 2012 in Iraqi Dinar/Politics
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Chaos markets innovative, drawing features Bremer (Bremer) and fostered by the Iraqi government neglecting and disable of economic law on purpose, including the law of customs tariff of the monopoly markets of Iraq and emptying them of their currencies to the foreign, where again the government reiterated the request of the House of Representatives to postpone the application pending completion of procedures, tools and means of application of the law The Ministry of Finance to provide practical and technical reasons justifying the delay, despite the application of this law has been initiated three years ago and was scheduled to work before more than a year. (more…)

Iraq calls on the U.S. Treasury and the World Bank to support banking and financial sector

Posted: May 30, 2012 in Iraqi Dinar/Politics
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TUESDAY, MAY 29 / MAY 2012 16:29

called on the Federal Ministry of Finance, on Tuesday, the U.S. Treasury Department and the World Bank to support and to support the banking and financial sectors in Iraq.

The Finance Minister Rafie al-Issawi received U.S. ambassador to Iraq, ended its James Jeffrey and a number of accompanying him in the U.S. Treasury. (more…)

Parliament rejects the economic slowdown in the application of tariff

Posted: May 30, 2012 in Iraqi Dinar/Politics
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30/05/2012 0:00

announced the economy and investment in the Iraqi parliament, rejected the government’s request to wait in the application of tariff law which was passed in 2008. (more…)

Economic Committee refuses a request to wait in the application of tariff law

Posted: May 29, 2012 in Iraqi Dinar/Politics
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29/05/2012 10:07

Baghdad, May 29 (Rn) – Committee announced that the economy and investment in the Iraqi Council of Representatives on Tuesday rejected the government’s request to wait in the application of tariff law which was passed in 2008. (more…)

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