Iraq, January 2, 2013
The Oil Ministry of Iraq on Friday (28th December, 2012), that Iraq is not accepted as a permanent member of Global Transparency Initiative Organization, confirming the fact that Iraq is considered to be the largest oil country amongst the members. (more…)
Posts Tagged ‘PwC’
Oil Ministry: Iraq is now a permanent member of the Global Transparency Initiative
Posted: January 3, 2013 in Iraqi Dinar/PoliticsTags: Extractive Industries Transparency Initiative, Iraq, kuwait, Ministry of Petroleum (Iran), Oil Ministry, Petroleum, PwC, World Bank
UNSC welcomes Iraq’s assumption of “full” autonomy over DFI proceeds
Posted: July 1, 2011 in Iraqi Dinar/PoliticsTags: Development Fund for Iraq, Federal Reserve System, International Advisory and Monitoring Board, Invasion of Kuwait, Iraq, PwC, United Nation, United Nations Security Council
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Economics 7/1/2011 9:13:00 AM
UNITED NATIONS, July 1 (KUNA) — As the UN supervision of the Development Fund for Iraq (DFI) ended Thursday at midnight, the UN Security Council (UNSC) welcomed Iraq’s establishment of a successor arrangement for the transition, and its assumption of full autonomy over the Fund’s proceeds as of July 1st.
In a statement to the press hours before the expiration period, the Council President, Gabon, late Thursday said the Council members “welcomed the Government of Iraq’s establishment of a successor arrangement for the transition of the Development Fund for Iraq, consistent with resolution 1956″ adopted last year.
Reference: IAMB Press Release May 9 regarding DFI
Posted: June 30, 2011 in Iraqi Dinar/PoliticsTags: Iraq, United Nations Security Council, International Advisory and Monitoring Board, Development Fund for Iraq, UN Security Council, Federal government of Iraq, United Nation, PwC
The Currency Newshound Commentary: As the DFI is set to expire today, June 30th, this press release by the IAMB may be a useful reference for todays conference in Jordan.
May 9, 2011
Press Release: International Advisory and Monitoring Board of the Development Fund for Iraq
Statement by the International Advisory and Monitoring Board of the Development
Fund for Iraq
The International Advisory and Monitoring Board (IAMB) of the Development Fund for Iraq
(DFI) met in Paris on April 27 and 28, 2011 and issued the following statement:
“The IAMB met to continue its oversight role over the use of resources of the DFI, which is
the principal repository for Iraq’s oil-export receipts, and oversee audits of the DFI in line
with its mandate under UN Security Council Resolutions.
