24-05-2013 03:22 PM
Baghdad (newsletter). Warned Committee member Deputy economy and investment/Iraqi/coalition Qusay Juma, the likelihood of damage to the national economy when Iraq’s accession to the World Trade Organization because of the lack of a local competitor.
He said Juma (News Agency): that Iraq is now an observer member in the WTO, negotiations by the Ministry of Commerce for permanent membership, noting that the organization imposed obligations on Iraq for full access. (more…)
23-05-2013 11:02 AM
Baghdad (newsletter). Financial expert called on behalf of Hadi al-Tamimi, the need to legislate a new law on securities market regulation, stressing the importance of access to the Iraqi market for securities to the world for the purpose of activation.
He said Al-Tamimi (News Agency): the current securities law conflict with other economic laws is needed to bring new legislation by the House to regulate the market and attract businesses. (more…)
13-05-2013 12:06 PM
Baghdad (newsletter).The Director of the Office of the United Nations Development Programme Iraq Peter Batchelor, the lack of security and political stability behind the country’s development stalled.
Batchelor said in an interview with (News Agency): that the United Nations had made progress during the past 10 years in achieving development goals especially in Iraq, he said: we believe that without the stability of the political and security situation development evolution can never get in Iraq. (more…)
09-05-2013 11:08 AM
Baghdad (newsletter). Banking expert blamed the beautiful name, why the banking sector a lack of common understanding and cooperation between the Central Bank and private banks, in terms of logistical and technical assistance.
A beautifully (News Agency): there is a common understanding and coordination between the Central Bank and private banks on the development of the banking system and identify the most important obstacles to finding appropriate solutions. (more…)
08-05-2013 11:34 AM
Baghdad (newsletter). Invited Member of the Committee for economy and investment Deputy of Iraqi/coalition/nahida Al-daini, the governmental and parliamentary control on financial transfers and the sale of foreign currency on the market to reduce the phenomenon of money laundering and currency smuggling. (more…)
07-05-2013 10:37 AM
Baghdad (newsletter). The Rapporteur of the Committee on the economy and investment the Kurdistan Alliance/MP/mehma Khalil, declining foreign purchases of stocks in Iraq market for securities to political feuds among the parliamentary blocs and the UN sanctions still imposed on Iraq. (more…)
06-05-2013 11:33 AM
Baghdad (newsletter). Deputy Chairman of the Finance Committee suggested that a Deputy from the Kurdistan blocs Coalition/Ahmed Faizullah, electronic banking project to add new technology to the Iraqi banking system to facilitate banking transactions for citizens. (more…)
04-05-2013 02:16 PM
Baghdad (newsletter). Called spokesman Assem Jihad, the oil Ministry to the attention to press Iraq’s oil for delivery of information to the petroleum and energy sector to people that Iraq possessed large oil reserves.
Jihad said the Organization Internews about press coverage and was attended by Iraq’s oil (News Agency): that Iraqi crude after 2003 became the focus of attention of all the media or other organizations and States, due to its Iraq oil stocks estimated at 500 billion barrels, rising above the (150) billion barrels, saying those numbers are growing. (more…)
05-05-2013 10:41 AM
Baghdad (newsletter). Member of the Finance Committee suggested MP/iraqiya Hassan Salman Al-Bayati, a Development Bank established a joint contribution from the public and private sectors to be able to provide financial support for the economic sectors in the country.
He said Al-Bayati (News Agency): that Iraq needed to establish a Development Bank joint webadarh contributor of the public and private sectors to provide financial loans for vital economic sectors for the purpose of training and advancement. (more…)
28-04-2013 11:31 AM
Baghdad (newsletter). Member of the Finance Committee, called on Deputy//Secretary Hadi Abbas, the need to diversify Central Bank currency basket to avoid global crises and changes in the US dollar on world markets.
He said Abbas (News Agency): the low exchange rate of the US dollar as the Japanese yen and other international currencies will affect the national economy, being directly linked with the dollar, that Iraqi crude is sold in USD. (more…)
28-04-2013 07:36 AM
Baghdad (newsletter). Warned Economist Abdul Sattar Al-Hashemi, of wheel stops the economy as a result of the continuing political problems and popular demonstrations of some provinces, because they were great economic losses to the country.
He said al-Hashimi (News Agency): that political differences among the parliamentary blocs and sit-ins for some provinces directly affected the economy and the advent of global investment firms. (more…)
25-04-2013 10:29 AM
Baghdad (newsletter). According to economy and Investment Committee member of iraqiya MP//Qusay Juma, that the national economy needs the legislation package of important laws and the issuance of new Government measures to act in accordance with the free market policy. (more…)
Cabinet: on Tuesday to discuss recommendations for activating the customs tariff
the General Secretariat of the Council of Ministers expressed its intention to discuss the recommendations of the application of customs tariff.
Council secretary said Ali Mohsen Ismail said in a statement received news agency public opinion (and babysit) a copy of it “plans to the General Secretariat of the Council of Ministers on Tuesday to discuss the recommendations of the committee charged with studying the application of the customs tariff.”
The lots called for activating the law of customs tariff in order to support local goods and industries
Agency news – 04/21/2013
Baghdad (news) .. Said Prime Media Center Economic Dergham Mohammed Ali, that the success of the implementation of the project to delete the three zeroes from the national currency depends on the stability of the exchange rate of the dinar against the dollar and educate citizens and give them enough time to replace the currency.
said Mohammed Ali (of the Agency news): The economic reality of the past year and the previous was fit better to receive the decision to delete the zeros of the capacity market to absorb its effects because of the high stability, which was dominated by the exchange rate of the dinar against the dollar at the time. (more…)
Experts and lawmakers: mafia banks control the dinar exchange rate against the dollar and the Central Bank ignored them
21-04-2013 12:36 PM
Baghdad (News)/report/bahtik/… As the Iraqi dinar exchange rate against the US dollar decreased significantly during the past period, raised many questions about the reasons for this decline, although issuance of new measures by the Central Bank on selling hard currency which I consider by some as supportive of Iraqi dinars. (more…)
20-04-2013 11:31 AM
Baghdad (newsletter). Student member of the Committee for economy and investment/MP/-abbasn sheyaa, the Central Bank adjusted its policy towards dinar exchange rate against the dollar, tighter control on the sale of hard currency.
Said sheyaa (News Agency): the Central Bank issue management agency has succeeded in some things that concern monetary policy at the beginning of the received task but failed many of them did not stand the Mafia some private banks and weak souls that their usury. (more…)
Baghdad (newsletter).Member of the Finance Committee, said MP//abdolhossein Al-yasiri, the Rafidain Bank restructuring plan and rational by International Monetary Fund includes four main paragraphs will help to support and develop the country’s banking sector.
He said Al-yasiri (News Agency): the restructuring plan of Government banks and put in good (2007), which formed a Committee headed by the Governor of the Central Bank and Finance Minister and head of the Office of financial supervision, in cooperation with the International Monetary Fund. (more…)
19-04-2013 12:15 PM
Baghdad (newsletter). The Economist stressed Ismail Radi, Iraq should be sought to join the World Trade Organization of its features help support economic sectors of the country, close to Iraq with the major developed countries.
He said content (News Agency): that the Iraqi Ministry of trade required to complete action on Iraq’s accession to the World Trade Organization to support the national economy, to promote commercial exchanges and ensure that goods are good for the country. (more…)
19-04-2013 03:31 PM
Baghdad (newsletter). Refer the decision of the Commission on economy and investment Deputy/Kurdistan blocs Coalition/mehma Khalil, grounds for excluding companies from investing in Iraq to allegations of financial and administrative corruption in investment file and the absence of laws supporting the economy. (more…)
Detection of economy and Investment Committee member MP//-abbasn sheyaa, the date of implementation of the project to delete the three zeros from the currency early this year (2014), stressing that the Central Bank measures to limit fraud and manipulation that may accompany the Exchange process. (more…)
17-04-2013 11:30 AM
Baghdad (newsletter). The Deputy Chairman of the Finance Committee MP/Kurdistan blocs Coalition/Ahmed Hassan Faizullah, continuing problems within the Central Bank and accusations on his work because it will affect the stability of the Iraqi dinar exchange rate.
He said Faizullah (News Agency): the Central Bank is a large financial institution job maintaining currency stability and the monitoring of financial and banking transactions, target will reduce international banks before, lose confidence, and thus will affect the stability of the Iraqi dinar. (more…)
17-04-2013 12:32 PM
Baghdad (newsletter). There is no doubt that the national economy is surrounded by many potential challenges as declining oil sales or security tensions, but experts in finance and economy dissipated such fears two documents that the Central Bank has a large reserve of hard currency and gold being able to confront the mightiest economic shocks anticipated and curb inflation.
He said financial expert Samir Al-nasiri (News Agency): the Central Bank can maintain the stability of the national economy through its financial reserve, noting that the Central Bank’s reserves record over the past year 2012 top the Bank on Iraq and is 67 billion dollars, so there is no doubt the Central Bank’s capacity to deal with any economic fluctuations. (more…)
14-04-2013 12:22 PM
Baghdad (newsletter). The Vice-Chairman of the Committee, stressed the Deputy financial/Kurdistan blocs Coalition/Faizullah, the need to amend the Securities Act for the regulation and development of the work of the Iraq market for securities.
He said Faizullah (News Agency): the problem of management institutions in the country due to the non-application of the laws legislated in the correct format and required or applied incorrectly, what makes a flop and the system. (more…)
14-04-2013 01:03 PM
Baghdad (newsletter). MP criticized/iraqiya/qais alshazar, Iraq economic policy of import-dependent outer without activating the vital economic sectors and the lack of local products in the Iraqi market. (more…)
Baghdad (newsletter). Member of the Finance Committee, MP//Secretary Hadi, the importance of the development of banking and financial systems in the country for its contribution in promoting investment and the economy forward.
He said Hadi (News Agency): directed the CBI to develop retail payment system through the use of a ‘ mobile ‘ will facilitate trading and banking transactions, saying it is of modern technological systems of most countries of the world. (more…)
09-04-2013 06:49 PM
Baghdad (newsletter).The Committee discussed the parliamentary Finance, chaired by MP Haider Al-Abadi, Director General of customs body Munther Abdel Amir, the latest developments on the possible implementation of the law on customs tariff.
The Committee said in a statement received (News Agency) a copy of the meeting discussed the major obstacles and problems which prevent the implementation of the law on customs tariffs, and that after a long debate which included a lot of questions and queries raised by members of the Committee:- (more…)
Baghdad (newsletter). Member of the Finance Committee disclosed the Attorney//Secretary Hadi Abbas, the intention of the Committee to host the temporary Central Bank staff for their discussion on financial and monetary matters in the country and how to improve them.
He said Abbas (News Agency): the next few days will be hosting the Central Bank Governor and some of his aides in the House and the Finance Committee for discussion about akhavakat dinar exchange rate against the dollar, and how to develop the financial and banking sector in the country. (more…)
08-04-2013 12:49 PM
Baghdad (newsletter). Excluded Economist Salam Al-Quraishi, the stability of the Iraqi dinar exchange rate against the US dollar when you increase the supply of foreign exchange in the market, it will impact on the size of the cash reserve at the Central Bank.
He said Al-Quraishi (News Agency): that the current monetary policy by the Central Bank are not based on scientifically valid, accurate, pulling down dinar exchange rate during the period. (more…)
07-04-2013 10:37 AM
Baghdad (newsletter). Economic expert called by the name of Hadi al-Tamimi, activating the law of economic development by the Federal Government to support various economic sectors in the country, noting that it was enacted within the House of representatives during the previous session.
He said Al-Tamimi (News Agency): economic development Act that was enacted during the last period in the House of representatives is one of the important laws of the national economy, it supports agriculture, industry and tourism. (more…)
