Posts Tagged ‘Ministry of Electricity’

Iraq gets full membership into transparency initiative; First Middle Eastern country and OPEC to achieve

Posted: April 3, 2013 in Iraqi Dinar/Politics
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Author: HAM
Editor: BK, NK 03/04/2013 17:30

The Ministry of Oil in Baghdad, on Wednesday, that Iraq is the only country in the Middle East and OPEC, which gets full membership in the Initiative Extractive Industries Transparency, while revealed quest completed monument 5000 meter at various stages of the oil industry by the end of 2013 the current, Initiative showed that there is a “strict conformity” between the companies and government data extraction on the amounts paid and received in 2010 the last of $ 52 billion. (more…)

Still no agreement on National Budget; Details of the state budget emerge

Posted: March 3, 2013 in Iraqi Dinar/Politics
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Date: Sunday 03/03/2013 07:35 pm

Hours before the deadline to vote on the state budget for 2013 in the House of Representatives there are no definitive figures of what will be the budget, which is said to have the largest budget in the history of Iraq.

Figure announced by the Council of Ministers when approved budget on 23 October last year before 4 months and 14 days was 138 trillion dinars, equivalent to more than 118 billion dollars and over the past months conducted parliamentary committees and negotiations between the political blocs several amendments to the budget figures but has yet to reach a final formula for approval amid popular Discontent of damage to the citizens due to the delay of the budget. (more…)

Distribution of federal budget for 2013 on sectors

Posted: October 26, 2012 in Iraqi Dinar/Politics
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24/10/2012

BAGHDAD / JD / .. announced government spokesman Ali al-Dabbagh that the Council of Ministers decided at its forty-sixth regular and held yesterday Tuesday 23 October 2012, approved a draft law the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year. (more…)

House of Representatives voted to approve the bills and raise its next to Saturday

Posted: July 27, 2012 in Iraqi Dinar/Politics
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Thursday, July 26, 2012 17:46

Raise its House of Representatives to vote on Saturday after the approval of the draft legal Waqfs (Endowments), Shiite and Sunni and voting in principle to the law with one hosted Minister of Water Resources.

At the beginning of the meeting confirmed that an intruder Vian MP Chairperson, Committee on Employment and Social Services in a statement that the capital need of water, required to host the Secretary of Baghdad in the House to see the approved plans to address water scarcity. (more…)

CBI: Expectations of higher property prices in the coming period

Posted: January 24, 2012 in Iraqi Dinar/Politics
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1/24/2012 | (Voice of Iraq) Term central bank attributed the high rate of overall inflation to rise in rents for the role, citing the deteriorating housing sector in the light of the increasing demand for housing, which exceeded three million housing units in addition to other factors internal and external.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh Baghdadi News that the rate of inflation estimated at 6.5% and four years ago was about 34% and decreased at the end of 2010 and beginning of 2011 to 3%. The added benefit is that Iraq in 2011, influenced by two factors, the first high Rental of residential buildings and lists of the new power which was organized by the Ministry of Electricity, stressing that this paragraph constitutes 31% of the consumer basket, which is measured inflation based. (more…)

Economists: Private banks do not support the banking activity for the entrenched idea of ​​embezzlement of citizens

Posted: December 17, 2011 in Iraqi Dinar/Politics
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Private banks demanding equal application of the decisions of the banks, government

Called on the Iraqi private banks to adopt as a competitor for the banks that the government of Iraq is now going through the open horizon of the private sector.

The economists emphasized that the role of the central bank supports those banks, they look at it as a restriction to limit its role. The economist said Dr. Issam Mahouelle’s (citizen) that the banks now is to deposit funds with the central bank and obtain the benefits of this process.

He explained that the role of banks in general is doing real banking operations of the granting of loans and advances granted various credit facilities for traders and investors, because of the economic benefit achieved for the country. (more…)

Parliamentary source: the oil and energy working in the basement of Parliament wet without the Internet and control the fate of the largest in the world does not know of any wells is more important

Posted: November 3, 2011 in Iraqi Dinar/Politics
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BAGHDAD – Abbas Zaidi
A source leading parliamentarian said in an interview with the “world”, said the Commission on oil and energy in the Iraqi Council of Representatives, which oversees the largest oil reserves in the world, working in conditions of miserable too, because they do not have sufficiently familiar with the reports of oil produced by news agencies, research centers, prestigious, and it derives its information from only the Oil Ministry, while a monopoly on recent data. (more…)

During the meeting the U.S. ambassador and the minister of electricity calls for new U.S. bank to finance projects through his ministry and boards

Posted: October 27, 2011 in Iraqi Dinar/Politics
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Baghdad: Naseer Ahmed
Called the new Iraqi Minister of Electricity Karim Al Aftan U.S. banks financing the electricity sector projects through the U.S. Embassy in Baghdad. The Minister of Electricity Karim Aftan engineer, he made a covenant at the same rate of advancement of electric power system in the country, expressing optimism about the future of the electricity sector.

This came during a meeting Aftan Ambassador James Jeffrey and his accompanying delegation, expressing his happiness on the cooperation of the U.S. side and support for the electricity sector through the American manufacturing companies like General Electric, which promise to his best interface for the United States of America, as well as praising the banks the U.S., calling on them finance sector projects electricity through the U.S. ambassador.

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US ambassador: our companies ready to build power plants in installment payment if financial guarantees provided

Posted: October 26, 2011 in Iraqi Dinar/Politics
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Baghdad (NINA) – US ambassador to Iraq, James Jeffrey, announced the US specialized companies’ willingness to build power stations in Iraq and equip them on the installment payment system if guarantees from the Iraqi government were available.

A statement issued by the Ministry of Electricity quoted Jeffrey as saying, during a meeting with Minister of Electricity Karim Aftan “the U.S. companies are willing to work on projects of the Ministry of Electricity under all forms of cooperation, whether direct payment or in installment,” noting that the issue of payment in installment needs to be supported by the Iraqi government, to provide adequate guarantees to assure the companies on their dues in Iraq.

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Minister of Electricity and Amb. Jeffrey discuss U.S. companies entering to work in Iraq

Posted: October 26, 2011 in Iraqi Dinar/Politics
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On: Wed, 10/26/2011 17:22

Baghdad (news) .. Search and Electricity Minister Karim Aftan with U.S. Ambassador James Jeffrey, ways of cooperation in projects of the electricity sector and the entry of U.S. companies to work in Iraq.

According to a statement of the Ministry of Electricity has received the Agency (news) a copy of it on Wednesday: that Aftan praised the corporate U.S. manufacturer of power plants, electric, in particular the General Electric Company, which promised the best interface to the U.S. as well as praising the banks the U.S., calling on them to finance projects of the electricity sector.

(more…)

Economic Affairs Committee held its twenty-seventh and take a number of important economic decisions

Posted: October 12, 2011 in Iraqi Dinar/Politics
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Contract for the Economic Affairs Committee at its twenty-seventh and took a number of important economic decisions.

Chaired by Deputy Prime Minister Dr example, has typically Nuri Shaways in the presence of ministers (oil, trade and industry, minerals and agriculture) and President of the Office of Financial Supervision and Central Bank Governor and Chairman of the National Investment Commission and a member of advisory board and Associate Secretary General of the Council of Ministers.

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Iraq: Higher Committee decided to retain the previous pricing power

Posted: October 12, 2011 in Iraqi Dinar/Politics
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Committee decided to senior government keep the pricing power of past and not to adopt new rates that citizens complained about their wages high.

Presided over Deputy Prime Minister Ruz Nuri Shawis of the session twenty-seventh of the Committee on Economic Affairs yesterday, the presence of the ministers of oil, trade and industry, minerals, agriculture, and the President of Supreme Audit and the Governor Central Bank and Chairman of the National Investment and advisory board member and assistant secretary-general of the Council of Ministers.

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Source: Council meeting for today’s episodes complementary to the Saturday session

Posted: October 10, 2011 in Iraqi Dinar/Politics
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A source in the information department of the Council of Representatives that the hearing on Monday (10-10-2011), would be complementary to the Saturday session, which filed for lack of quorum.

The source told the correspondent of news agency future (and) said: “The agenda of the meeting of the Council for the day will be the same agenda for the meeting on Saturday, which was postponed for lack of quorum.”

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Economic Commission directed to submit a tax reform

Posted: September 29, 2011 in Iraqi Dinar/Politics
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Cost the Higher Economic Committee of the advisers Prime Minister’s Office to submit a paper tax reform in Iraq, including contributing to the simplification of procedures and avoid the rings routine and in coordination with the ministries of trade and finance.

This came during a meeting of the 25 held by the committee yesterday, headed by Deputy Prime Minister and Chairman of the Committee on Economic Affairs Ruz Nuri Shawis and attended All of the Ministers of (planning, trade, industry and minerals, agriculture) and Chairman of the National Investment and Deputy Secretary General of the Council of Ministers and member of the advisory board.

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Demonstrations sweep Iraq’s cities

Posted: September 9, 2011 in Iraqi Dinar/Politics
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Baghdad / Basra / Najaf / Babylon 9 September / October (Rn) – swept through a number of Iraqi cities on Friday, demonstrations called for by activists and civil society organizations through social networking sites on the Internet calling for the provision of services and reforms in the country, as some called for a legislative election early.

The demonstrators came out in the capital, Baghdad, Basra, Najaf, Babylon and other cities, denouncing the poor public services provided to citizens.

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Parliament convenes Thursday

Posted: August 18, 2011 in Iraqi Dinar/Politics
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House of Representatives held its 25-Najafi and headed by the presence of 164 deputies

The Council of Representatives, Thursday, its 25-year second legislative headed by President of the Council Osama Najafi and the presence of 164 deputies, with parliamentary source that the meeting will discuss the government program and the first reading of draft law on the Second Amendment to the Law of the Ministry of Water Resources No. 50 of 2008.

A parliamentary source said in an interview for “Alsumaria News”, “the House of Representatives held on Thursday, its 25-year second legislative headed by President of the Council Osama Najafi and his two deputies, and the presence of 164 deputies,” noting that “the meeting will discuss the government program with the ministers of planning, trade and Displacement and Migration. “

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Iraqi parliament is the first reading of a proposed oil and gas law

Posted: August 17, 2011 in Iraqi Dinar/Politics
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Baghdad, August 17 / Aguetstus (Rn) – The Iraqi Council of Representatives to hold its 24-day Wednesday, led by Osama Najafi and the presence (217) deputies, to hold the first reading of a proposed oil and gas law, and hosting of the Deputy Prime Minister for Energy and Electricity Minister resigned.

The MP for the Kurdistan Alliance bloc Ashwaq dry Kurdistan News Agency (Rn) that “today’s session will read the first of a proposed oil and gas law, and hosting of the Deputy Prime Minister for Energy, Hussain al-Shahristani, Minister of Electricity Raad waterfall, on the contracts of electricity with two Canadian and German.”

She added that the dry “The session will discuss the government program, hosted by the Minister of Agriculture, Izz al-Din of State, Minister of Water Resources Muhannad Al Saadi, and Health Minister Mohammad Amin Majid, Minister of Environment Salioh Sargon.”

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Minister of Finance: 2012 budget will be presented to parliament this September

Posted: August 9, 2011 in Iraqi Dinar/Politics
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On: Tuesday 08/09/2011 12:14

Baghdad (news) .. detect and Planning Minister Ali Shukri, the launch of two new ideas in the framework of the state budget for the year 2012.

Shukri said while attending the ministerial meeting of the coordination on the prioritization of the budget for the year 2012, that the idea include the first federal budget submitted by the Iraqi Ministry of Finance and dividing the sum of the various ministries and provinces.

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Parliamentary source: Council of Representatives is working on a review of the three oil licensing rounds

Posted: July 16, 2011 in Iraqi Dinar/Politics
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Working of the oil, energy, the parliamentary review the final contracts rounds Turatejes oil three concluded by the Ministry of Oil in the absence of a law on oil and gas.

Said Rep. Susan Saad said the Commission on oil and energy parliamentary stage of completion of the review of contracts for tours the first and second and third licenses foreign companies to keep holding company Shell, which signed the letters with the first.

She Saad, according to the independent press (Iba) to the existence of reservations among members of the committee to hold Shell because he did not pass the House of Representatives did not receive the vote.

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Iraqi banks have insufficient capital to guarantee major investments, Request for foreign investment

Posted: July 12, 2011 in Iraqi Dinar/Politics
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Iraqi bank assets not sufficient for major foreign investment projects
Baghdad, July 12 (AKnews) – The assets of Iraqi backs are not large enough to make their use by international companies realistic, resulting in major investment projects being impeded, the Iraqi Electricity Ministry said today.

Spokesman Musab al-Mudarres told AKnews: “Iraqi banks cannot provide financial guarantees to foreign companies because their capital is below the guarantees expected by corporations.”

“The Ministry of Electricity has submitted a request to the Council of Ministers about the need to facilitate banking transactions and involving well-known foreign banks in the guarantees.”

http://wp.me/pZC7o-9fA

Iraq Minister of Electricity: Banking controls impede contracting with international companies

Posted: July 12, 2011 in Iraqi Dinar/Politics
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Baghdad, July 12 (Rn) – The Iraqi Ministry of Electricity Federal, Tuesday, that the bank controls impede contracting with international companies, which would require parliamentary legislation.

The teacher told Musab al-Kurdish news agency (Rn) that “the Federal Ministry of Electricity and facing the problem of banking transactions with international companies, as the controls are required to provide letters of guarantee in government banks, raising fears of those companies.”

“The Ministry of Electricity rose to the presidency of the Council of Ministers the need to facilitate banking procedures and the involvement of foreign banks approved and well known in the letters of guarantee.”

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Iraqi Finance Minister to ask GOI to relieve citizens of certain debts; Electricity, real estate and agricultural bank.

Posted: June 10, 2011 in Iraqi Dinar/Politics
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Minister of Finance:’ll put pressure on the Council of Ministers, Hasib citizens to government debt

Finance Minister Rafie al-Issawi that he will be asked to extinguish the debt from the government on the Iraqis, which is for electricity, real estate and agricultural bank.

Al-Issawi stating that he would ask the Council of Ministers and in person to Prime Minister Nuri al-Maliki to extinguish the debt claimed by the Iraqi government, which will reach a whole to 900 billion Iraqi dinars.

Issawi said that the fire may be limited to the bank wanted the real estate and small amounts of agricultural and wanted the Ministry of Electricity wages of electric power, indicating that he had received assurances from some ministers, to vote on this issue.

http://wp.me/pZC7o-8yt

PM Maliki to meet regional leaders for energy crisis talks

Posted: May 23, 2011 in Iraqi Dinar/Politics
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Nuri MalikiBasra, May 23 (AKnews) – Prime Minister Nouri al-Maliki and Electricity Minister Raad al-Hares are to meet with governors from the central and southern Iraqi provinces on Tuesday to discuss the current electricity crisis, said the governor of Basra.

Khalaf Abdul Samad told AKnews that the talks will focus on resolving the issue of electricity distribution in preparation for the long Iraqi summer when temperatures often exceed 50 degrees Celsius.

Demand for electricity in Iraq during the summer months is estimated at around 14,000 megawatts (MW).

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Iraq Oil Set to Pump to World Markets First Part of July

Posted: May 13, 2011 in Iraqi Dinar/Politics
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Friday, 13 May 2011
The Ministry of Oil in Baghdad, Friday, the first of next July, the date for the flow of oil humpback in Wasit to global markets, confirmed that the end of this year will see a flow of 120 thousand barrels per day of production of the field, as promised by the government and Wasit local address the Prime Minister directly for the establishment of stations gas to generate electricity conservation depending on the gas associated with oil extracted, rather than burned.

The Director of the Division Ahdab oil field in Wasit, Ahmed Abd al-Rida in an interview for “Alsumaria News”, “first of next July, will see the commencement of pumping oil from the field Humpback by 60 thousand barrels per day, instead of 25 thousand barrels had planned to inject previously at the end of the year. “

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Shahristani: Iraq will be among the exporting countries of gasoline in the coming years

Posted: March 21, 2011 in Iraqi Dinar/Politics
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Baghdad, March 21 (Rn) – The deputy prime minister for energy affairs for the coming years will see the transformation of Iraq to the countries exporting to benzene after they arrived to the stage of self-sufficiency now.

Hussain al-Shahristani, told the Kurdish news agency (AKA News) that “there are four refineries will enter a stage production of gasoline net of Aisahabh lead through refineries and Kirkuk, Karbala, Maysan, and helpers.”

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CBI: Core inflation rises to 5.5% in February

Posted: March 21, 2011 in Iraqi Dinar/Politics
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(Reuters) – The Iraqi central bank official said on Sunday that the rate of inflation in Iraq under control despite high annual rate of core inflation to 5.5 percent in February.

Harmful, “said Kasim, senior adviser to the central bank told Reuters:” Annual inflation reached 5.5 percent in February, “compared with 5.3 percent in January. The greatest increase in the cost of electricity and rentals and homes.

“It’s a significant increase but still under control.”

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Iraq: Senior officials involved in 189 files of financial and administrative corruption

Posted: March 16, 2011 in Iraqi Dinar/Politics
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BAGHDAD (Inas Tariq): source revealed the presence of a representative of more than 189 files financial and administrative corruption, proving Involvement of senior officials in the State concerning the conclusion of contracts and suspicious transactions, mostly in the Ministry of Electricity, trade, interior and defense.

The sources for the “long” to views and blocks Political block the opening of these files in the Parliamentary Integrity Committee, at the time of detection of 65 waste Million by the Ministry of Trade to import materials will be expired Burning .

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Maliki confirms that next year will see the radical solutions to economic problems

Posted: February 22, 2011 in Iraqi Dinar/Politics
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Iraqi Prime Minister Nuri al-Maliki, on Tuesday, that next summer will cut power plant to provide electricity to the citizens, revealing the proposal for the distribution of generators, small villages and rural areas and isolated from the national grid, while pointed to the formation of a commission to import the ration card items that will be available to citizens as a whole.

Maliki said during a meeting with a delegation of the families of the province of Basra, and attended “Alsumaria News”, “It is shameful that Iraq is gripped by the rich and the wealth of a power crisis,” asserting that “dictatorships and mentalities adventure of the former regime and those around him have brought us to where we are now “.

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White House Press Release: Biden’s Call to Iraqi Prime Minister Nouri al-Maliki

Posted: February 14, 2011 in Iraqi Dinar/Politics
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THE WHITE HOUSE
Office of the Vice President

Readout of Vice President Biden’s Call to Iraqi Prime Minister Nouri al-Maliki

As part of his outreach to U.S. allies and partners, the Vice President spoke with Iraqi Prime Minister Nouri al-Maliki today to consult on developments in Egypt.

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Maliki vows in front of the House of Representatives to meet the demands of the demonstrators

Posted: February 13, 2011 in Iraqi Dinar/Politics
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Prime Minister of Iraq Nuri al-Maliki listens ...

Malaki

The Member of Parliament for the Iraqi List, led by Prime Minister Iyad Allawi on Sunday that Prime Minister Nuri al-Maliki pledged to the House of Representatives to meet the demands of Iraqi demonstrators through inter Corrections in the coming days, are excluded in At the same time that the events in Iraq lead to regime change because of political pluralism.

The Jalp Alinvtji of Kurdistan News Agency (Rn), “Prime Minister Nuri al-Maliki vowed today in the House of Representatives to meet the demands of Iraqi demonstrators in the coming days,” indicating that “Council is waiting for promises al-Maliki.”

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