Archive for April 9, 2013

9/4/13 12: 13: 00

New Kuwaiti Ambassador in Baghdad to secure his country’s desire to remove Iraq from Chapter VII of the Charter of the United Nations, stressing the advanced steps in the work of the joint commissions between the two countries, a government official expressed readiness of the Iraqi side to apply international resolutions to resolve the outstanding issues with Kuwait.



BAGHDAD / JD / .. Iraqi Customs Authority apologized for the application of the customs tariff law at the moment and to technical and administrative reasons.

A statement issued by the House of Representatives received / JD / copy of it: that the Finance Committee held a meeting chaired by MP Haydar Abbadi presence Munther Abdul Amir Director General of the Customs Authority to discuss the latest developments that have taken place about the possibility of implementation of the Tariff Act. (more…)

A call to State Consultative Council to send the Banking Act to the parliament for approval.
09/04/2013 09:19:00

A member of the parliamentary Finance Committee, Najiba Najib called the (Shora Council) to speed sending the new banking law in order to pass it in the House of Representatives.

MP, of the Kurdistan Alliance said in a statement to the National Iraqi News Agency / NINA / that the new law of the banks and the CBI supports the independence of the bank and devotes separate administration for the capital of all government and private banks, noting that the law will also allow the banks to direct investment and to engage in other commercial activities after that was forbidden. (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…)

He said, “Wadih Nuri Handal,” Bank Chairman “Assyria” Private International in Iraq, that the financial and economic situation in his country very solid, where beyond the country’s budget of $ 120 billion, for a country with a population of up to 30 million, noting that there are large reserves the Central Bank of Iraq, more than $ 70 billion.

He explained, “Handal,” in an interview he conducted with the Anatolia correspondent in Istanbul, on the sidelines of the Turkish-Arab Economic Forum, that “Iraqi private banks sober, and enjoying a high financial solvency, but these things need to manage real, to manage the economic rudder.” (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 9-Apr-2013. The results were as follows:

Number of banks 27
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 213,666,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 213,666,000
Total offers for selling (US$) —–

Exchange rates