Archive for March 10, 2013

09/03/2013 (23:00 pm)The problem of damaged banknotes dilemma afflicting most low-income earners, and the difficulty lies in the dispensing process, in addition to the embarrassment caused to bondholders, so when reject the seller or the bus driver! Despite confirm officials and the Ministry of Finance as currency printed in the finest presses global, and Orgaha good kind but after years of circulation and use exposed to fraud, damage and disruption.


Sunday, 10 March 2013 10:19

Baghdad (AIN) –The Planning Minister, Ali al-Shikri, stated that Iraq will be one of the Donor Countries where it donates to Palestine, Somalia and Comoros.

He stated to All Iraq News Agency (AIN) “Iraq is not receiving ant donations from the International Organizations anymore,” noting that “Most of the executed projects by the International Organizations in Iraq are shared with Iraq and properly Iraq will be one of the Donor Countries in the next few years.” (more…)

Iraq would emerge from Chapter VII still Mtakraly ending two paragraphs concerning Kuwait border demarcation and the remains of the missing
Sunday, 10 March / March 2013 09:46

A member of the parliamentary Foreign Relations Committee Imad John to remove Iraq from Chapter VII still needs time to solve two Aalqtin issues with Kuwait.

He said in a press statement on Sunday that “Iraq would emerge from Chapter VII is still dependent on the end paragraphs Mtalguenin Kuwait and two border demarcation and the remains of the missing, indicating that there is a response between Iraq and Kuwait to end these two cases, and thus remove Iraq from Chapter VII.” (more…)

MP: Releasing Iraq from Seventh Chapter of the UN’s Charter needs time
Sunday, 10 March 2013 09:48 | | |

Baghdad (AIN) –MP, Emad Yohana, of the Parliamentary Foreign Relations Committee assured that releasing Iraq from the Seventh Chapter of the UN’s Charter needs time in addition to settling two issues related to Kuwait.

Speaking to All Iraq News Agency (AIN), he said ” Releasing Iraq from the Seventh Chapter of the UN’s Charter is still pending due to two issues related to the Kuwaiti side that are re-considering the borders and the corpses of the Kuwaiti soldiers in Iraq,” noting that “There is a cooperation between Iraq and Kuwait regarding these two issues.” (more…)

(CNN) – commemorates the world in the twentieth of March / March, the ten-year anniversary of the start of the war on Iraq and the introduction of democracy and destroy dictatorships in this country, which sits on one of the largest oil reserves in the world .. But is the impact of this big change in the political structure of the state positively on the economy? (more…)

Published on Sunday, 10 March / March 2013 16:51

Called the Iraqi List MP Talal Zobaie, Sunday, deputies of the Kurdistan Alliance to respect the opinion of the majority, and criticized the withdrawal of Kurdish ministers from Baghdad, he said that democracy is the majority opinion and not the political consensus.

Zobaie said for “obelisk”, commenting on the decision of the Presidency of the Kurdistan region of Iraq pull Minister Kurds from Baghdad on the back of approving the budget of the Federal majority that “the brothers in the Kurdistan Alliance to respect the opinion of the majority,” and wondered “how we make a democratic process and if each component contradict interests with Majority withdraw from the state. ” (more…)

Sunday, 10 March 2013 14:48 | | |

Baghdad (AIN) –MP, Latif Mustafa of the Kurdish Change bloc stated “The 2013 General Budget was not formed in an artistic, technical and federal way.”

He stated to All Iraq News Agency (AIN) “We will get the same results from the current Budget as we have got from the previous budgets of the last three years,” calling to “Cancel the 2013 Budget and make it federal Budgets in addition to canceling the federal ministries and transfer their budgets to the regions development.” (more…)

Baghdad (news) warned member of the Finance Committee National Alliance MP Amin Hadi Abbas, the continued reduction of Iraqi dinar exchange rate against the U.S. dollar in the coming period as a result of actions the central bank for the sale of hard currency.

Abbas said (of the Agency news): The cause of the devaluation dinar during the current period due to the complicated procedures followed by the central bank to the sale of hard currency in the auction, calling for easing measures sales to meet the market need of the dollar. (more…)

Date: Sunday 03/10/2013 06:23 pm

D. Raad Hammoud Abdul Hussein Twigg / Technical Institute Kufa Part I can characterize the national wealth of the oil being solid ground on which it stands Iraq, and that its economy is not standing on quicksand, do not take it wishes there is serious work, offset inherit much of the previous era and that The Determinants and various obstacles, but it is important that there be an update to its oil sector and this update will most other sectors producing and service, for the economy as a whole to work in a commercial manner and profitability high financial and social. (more…)

10/03/2013 13:29:00
BAGHDAD / NINA / The economic expert, Salam Smeisim said, “What is hindering the advancing of the private banks in Iraq is the absence of a new law regulating their work.” (more…)

Experts said in the economic The proportion of financial corruption was behind the low level of the economy in the country, noting that financial corruption is not limited to bribes and embezzlement, but that the choice of the person is not appropriate is also face aspects of corruption. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 10-Mar-2013. The results were as follows:

Number of banks 18
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 116,925,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 116,925,000
Total offers for selling (US$) —–

Exchange rates

He and Undersecretary of the Ministry of Communications cream Mzaal aluminous that “the proposed launch an Iraqi satellite project and sovereign matter of Iraq, especially after the return of Iraq to the Arab.”

The ministry said in a statement today that “confirm the agent came during the Arabsat Foundation affiliated to the Arab League in cooperation with the Ministry of Communications illustrative presentation of art in how to manufacture and launch and sustain Iraqi satellite planned for launch in the future. ” (more…)