01/12/2012
BAGHDAD / JD / .. A member of the Committee on Economy and Investment parliamentary deputy Ibrahim Rikabi that the application of the law of customs tariff awaits introduction of electronic technology as a system prevents financial and administrative corruption at border crossing points. (more…)
Posted 01/12/2012 05:48 PM
A member of the Parliamentary Commission of Economy MP / National Alliance / Ibrahim al-Rikabi, the importance of applying customs tariffs, as they contribute to the diversification of the Iraqi economy. (more…)
10/24/2012 12:00 am
completed the Ministry of Planning on Tuesday, a technical report on the level of unemployment in Iraq, point to fall to 11 percent after it had been 30 percent in the past years, and after the application of the ministry for their development plans. (more…)
Date: Sunday 26/08/2012 07:07 AM
Saw inflation indicators for the month of July in rates stable compared with the previous month of June after it posted a slight rise (0.3%). At the time of announcing the CBI annual inflation basis for the month of July to 140.7%.
The press statement issued by the Information Office of the Ministry of Planning, this stability was the result of lower prices for the food and beverage department (0.7%) during the month and specifically decline in prices of fruits and vegetables. (more…)
Use of small change has fallen as prices increase
Vietnamese notes and coins below VND5,000 (US$0.24) in value could die out in the market since price hikes make it hard for people to keep and use them in trading, an economist says.
Goods now fetch high prices, so trading with small change has fallen, Vu Dinh Anh told VnExpress Tuesday.
The report quoted a woman called Ha as saying: “I find small change worth nothing in our daily life, so I don’t want to receive it.”
Chuong, a resident of the capital city, said, “I ask vendors to keep the change of VND500-1000 because I cannot buy anything with it.” (more…)
18/08/2012 02:11
BAGHDAD / Center Brief for the Iraqi Media Network – The Ministry of Planning reported Saturday stability indicators of inflation for the month of July due to the lower prices of fruits and vegetables. (more…)
Member of the Committee criticized the Economy and Investment Abdul-Hussein al-Husseini Resan government not to take any actions to address the problem of unilateral economy in the country, which depends entirely on oil imports.
Husseini said in a press statement received (justice) a copy of it on Tuesday that “low oil prices in global markets may impact negatively on Iraq and was one of the effects is a supplementary budget of the country after we expected it would be times the amount which was announced in early July, which was more than {10} trillions of Iraqi dinars. (more…)
Updated : 9:24 AM, 03/08/2012
Vietnam has successfully ensured an economic balance, bringing down inflation and initiating much needed reforms, according to a report by the Hong Kong-Shanghai Banking Corporation (HSBC) on August 2.
Low inflation but slow growth (more…)
Parliament: Customs require two years to start the application of customs tariff
Sunday, July 29, 2012 15:45
Request of the Director General of Customs Munther Abdel Amir to postpone the application of customs tariff in Iraq for two years.
A member of the Investment Committee and the economy broadly parliamentary Abdul-Abbas, told all of Iraq [where] that “the Commission held a meeting last Wednesday with Director General of Customs Abdul Amir Munzer in addition to the number of representatives of the Secretariat of the Council of Ministers. ” (more…)
Posted 26/07/2012 10:04 AM
Babinaoz (Reuters) – Head of the Finance Committee in the House of Representatives Haider al-Abadi, the presence of five to seven models for the new currency has provided the central bank, pointing out that the addition of three languages by pointing out the existence of six categories of paper, six categories of metal.
Ebadi said that “five to seven companies provided models for the new currency to the Central Bank, which in turn will choose one of them,” explaining that “the models contained the Iraqi cultural sites, and three languages: Arabic, Kurdish and English.” (more…)
The government has slapped a 50% tax on all goods entering Iraq. The rule is to come into force by the beginning of July this year.
The decision has raised fears of a substantial hike in all foreign goods entering the country. With the Iraqi industry still in shambles, the surge is bound to affect almost all commodities in Iraq. (more…)
On: Sun 20/05/2012 20:55
A member of the Committee of Economy and Investment parliamentary deputy for the National Alliance Resan Abdul-Hussein, said it is unfair to postpone the application of the tariff schedule in the first of July. (more…)
Application of tariffs beginning of July
08/05/2012 2:35
revealed to the economy and invest in the House of Representatives for identifying the first of next July as the deadline for the application of tariff law.
said committee member Abdul Hussein Resan Husseini told the “morning”: that he “discussed this topic at the last meeting of the Committee After that has been discussed adequately through frequent meetings with some of the official bodies and ministers. ” (more…)
General 1/4/2012 9:41:00 AM
In a report to the Security Council circulated late Tuesday, Ban expressed “appreciation to the Government of Iraq” for its maintenance of the mechanism for the transfer of the five per cent of oil proceeds, “and its continued cooperation with the Compensation Commission.” However, he added that “while all the indicators are positive and suggest that the Government of Iraq is compliant with its obligations, only after an audit has been conducted on the successor account to the Development Fund for Iraq will it be possible to confirm this conclusion.”
Ban said the Governing Council of the Geneva-based Compensation Commission has been “actively monitoring” the developments following the expiration of the mandate of the International Advisory and Monitoring Board (IAMB) for Iraq on June 30, 2011, and the transfer since then of the oversight, control, reporting, and use of Iraqi oil export revenues to the Iraqi Committee of Financial Experts (COFE.) COFE has appointed the US firm, Ernst Young, to conduct the 2011 audit of the Development Fund for Iraq and its successor account. (more…)
28/9/2011 0:00
The Central Bank of Iraq that monetary policy is able to rein in inflation, indicating that the causes of this phenomenon is due to two directions: first external because of the high prices in the world and second, a local is in the problems of housing and services.
The deputy governor of the Central Bank of the appearance of Mohammed in a press statement : There are two directions of inflation in Iraq are foreign and local levels, noting that the high prices in the world especially in the dollar zone is reflected in the imports of Iraqi goods and commodities, causing the rise in prices within the country and led to inflation.
