Maliki meets US Congress delegation

Posted by on Oct 31, 2013 | Leave a Comment

Baghdad (AIN) –The Premier, Nouri al-Maliki, met a Congressional delegation, led by Senator John McCain, within the course of his meetings with US figures during his current visit to America. A statement received by AIN quoted the Iraqi Ambassador to US as saying “Maliki met the congress delegation and focused during the meeting on security, Iraq’s relations with neighboring countries and Syrian crisis as well as... 

Iraq parliament adjourns without vote on election law; Resume Thursday

Posted by on Oct 31, 2013 | Leave a Comment

Raises its parliament until tomorrow and fails to vote on election law [Extended] Wednesday, October 30 1 / Okrudolf 2013 18:13 Lifting of the House of Representatives its usual on Thursday after he failed to vote on the proposal to amend the law for the parliamentary elections in 2014. The Council said in a statement received by the agency all of Iraq [where] a copy of it on Wednesday that “the Council at its thirty-ended,... 

Major problems projected in 2014 budget; Delays expected

Posted by on Oct 31, 2013 | Leave a Comment

29 October 2013 Predicted Chairman of the Finance Committee in the House of Representatives Haider Abadi, the late arrival of the draft 2014 budget law to the Council to contain the problems in the financial structure, revealing that the discussions of the Ministerial Committee for examining the details of the ongoing budget. He Abadi hoped the arrival of the budget to the House of Representatives before the holiday legislative... 

Iraq’s population estimated at 35 million

Posted by on Oct 31, 2013 | Leave a Comment

Planning informed the parliament of Iraq’s population is now 35 million Wednesday, October 30 1 / Okrudolf 2013 20:13 A parliamentary source said that the Ministry of Planning reported that the number of House of Representatives of Iraq’s population is now 35 million people. The council has asked the Ministry of Planning statistics on the number of population in order to determine in the new draft law for elections,... 

Expert: Iraq can see limited affect by the rise in the euro

Posted by on Oct 31, 2013 | Leave a Comment

Economic 30-10-2013 12:37 PM Baghdad (newsletter). The financial expert said Abdul Aziz Hassoun, the rise in the euro area reflect negatively on the rest, their recovery has positive impact on other countries, particularly oil exporting countries. He said Hassoun (News Agency): the acute crisis affecting the major currencies influence the level of world trade, adding that Iraq is affected by fluctuations in the euro area... 

Maliki up to Washington in a five-day official visit; Begins with Biden

Posted by on Oct 30, 2013 | Leave a Comment

30-10-2013 11:33 AM Baghdad (news) .. Prime Minister Nuri al-Maliki to the capital of the United States and Washington on an official visit lasting five days. An informed source (of the Agency news): that al-Maliki arrived in Washington at the head of a government delegation, noting that he would meet with Vice President Joseph Biden. It is noteworthy that Prime Minister Nuri al-Maliki announced at a news conference in... 

“Strengthen Iraqi Dinar and make it acceptable internationally, not just local”, says banking expert

Posted by on Oct 30, 2013 | Leave a Comment

Suri calls to strengthen the Iraqi dinar and turn it into a currency is possible to deal internationally October 22, 2013 Called banking expert Majid picture, today, to strengthen the Iraqi dinar and turn it into a currency is possible to deal at the international level, not just local. He said the picture: that local  and international inappropriate disengagement of the Iraqi dinar to the U.S. dollar, ruling out... 

Parliament votes tomorrow on the Law of the infrastructure and read the three bills

Posted by on Oct 30, 2013 | Leave a Comment

Tomorrow Press / Baghdad: announced the Information Service of the House of Representatives,  that the parliament will vote on a bill reconstruction of infrastructure and service sectors, and read the three other bills. said circuit in a statement posted on the parliament-mail and informed him, “Tomorrow’s Press,” The “the agenda of the meeting of the Council of Representatives of 29 of the first... 

Project Iraq 2013 exhibition kicks off

Posted by on Oct 30, 2013 | Leave a Comment

28/10/2013 IRBIL, Oct 28 (KUNA) — The 6th International Exhibition for Construction and Environmental Technology, Materials and Equipment for Iraq (Project Iraq 2013) opened at the fairgrounds on Monday, Under aegis of Iraq’s Kurdistan Regional Government. Eighteen Kuwaiti firms showcase their products at the exhibition which lasts until October 31, said Zainab Hussein, director of the Export Promotion Division of... 

Iraq plans to be the largest exporter of crude oil in the world

Posted by on Oct 30, 2013 | Leave a Comment

10/30/2013 12:00 AM predicted a specialist oil that there is a change in the course of marketing policy of Iraq’s oil and toward the Asian market, which is a good indication of the acquisition Iraq it, founding it on the country’s progress because increases export capacity of crude oil in order to acquire the Asian market. comes at a time encouraged where that Iraq has excess capacity of crude oil in the coming years,... 

Economic Representative calls on the Government to use international organizations to advance the economic reality

Posted by on Oct 30, 2013 | Leave a Comment

29-10-2013 06:53 AM Baghdad (newsletter). He called the economy and Investment Committee member MP//Salman al-Musawi, the need to use global organizations and advisory bodies in the development of plans to promote Iraqi economic realities. He said Callie (News Agency): the Iraqi economy still suffers from many problems they leave behind her his previous regime policies that destroyed the country and went on to him, and... 

Finance committee member in Iraq urged for supporting the stability of Iraqi dinars

Posted by on Oct 30, 2013 | Leave a Comment

The member of the Finance Committee, MP of the Kurdistan Alliance, Dlair Qadir called the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar. He opined that the central bank of Iraq should fulfill the pending demands for setting up a mechanism that will facilitate the sale of hard currency,... 

CBI in talks with Western Union to bring services to Iraq

Posted by on Oct 29, 2013 | Leave a Comment

Baghdad (newsletter).The Central Bank summoned company (Western Union financial services, Inc.) to discuss the company’s work in Iraq. A statement from the Central Bank received (News Agency), a copy of: the Central Bank Governor Abdel Basset Turki Agency held a meeting with the company (Western Union financial services, Inc.) to discuss the company’s future work in Iraq //  Read More →

Finance Committee Member: the need to facilitate the procedures for the sale of hard currency to support the stability of the dinar exchange rate

Posted by on Oct 29, 2013 | Leave a Comment

27-10-2013 05:06 AM Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar. Said is capable (of the Agency news): The Central Bank of the demands of setting up a mechanism facilitate the sale... 

Kuwait: It’s time to change the model of the “welfare state”; Unsustainable

Posted by on Oct 29, 2013 | Leave a Comment

Kuwait warned its citizens on Monday that model “welfare state” adopted by the Kuwaitis care from the cradle to the grave unsustainable It is time to change it. Prime Minister Sheikh Jaber Mubarak Al-Sabah, through the provision of his government’s program for the next four years to the parliament, “The truth that everyone should mindful, is that the current welfare state which she is accustomed Kuwaitis are not... 

Cabinet authorizes Minister of Finance and Governor of CBI to negotiate debt settlement with Jordan and Egypt

Posted by on Oct 29, 2013 | Leave a Comment

Cabinet decided to authorize the Minister of Finance and the Governor of the Central Bank of negotiations for the settlement of the Jordanian and Egyptian debt on Iraq, while commissioned the Ministry of Higher Education and Scientific Research to expand acceptance in the medical colleges Group. A statement issued by the Council of Ministers received {Euphrates} a copy of “The Council held its forty-fourth regular... 

Iraq will participate tomorrow in the World Islamic Economic Forum IX in London

Posted by on Oct 29, 2013 | Leave a Comment

participate Iraq and more than 115 countries on Tuesday in the World Islamic Economic Forum {WIFE} ninth in the British capital of London. A statement from the British Embassy received by the agency {Euphrates News} copy of it today that “the United Kingdom will host on Tuesday, World Islamic Economic Forum with the participation of delegations from Iraq and from more than 115 countries, will attend the World Economic... 

Editorial: Cancellation of zeros dinar, Must implement to achieve; And the release of prisoners of the Central Bank

Posted by on Oct 29, 2013 | Leave a Comment

Adel Abdul-Mahdi – 10/28/2013 – 10:36 pm Could the central bank since 2003, raising precautions from bankruptcy and debt to more than 80 billion dollars. And was able to achieve the objectives assigned to it and essentially constant currency and control inflation .. Dropped the price of the dollar from 1500 dinars to the dollar in the (2003) to (1166) .. Any citizen achieved (23%) Zaardh on income that was received... 

Najafi discusses with Barzani ways to reach a consensus on the election law

Posted by on Oct 29, 2013 | Leave a Comment

10/27/2013 12:00 AM Following his visit to Kurdistan and meeting with officials in Erbil, expressed Kurdistan Region President Massoud Barzani, hope to establish parliamentary elections as scheduled, without delay, expressed during his meeting with House Speaker Osama Najafi yesterday in Arbil, the hope reaching political parties to positive results that could lead to common understandings to pass the election law, which... 

Iraq will participate tomorrow in the World Islamic Economic Forum IX in London

Posted by on Oct 29, 2013 | Leave a Comment

{Baghdad: Euphrates News,} participate Iraq and more than 115 countries on Tuesday in the World Islamic Economic Forum {WIFE} ninth in the British capital of London. A statement from the British Embassy received by the agency {Euphrates News} copy of it today that “the United Kingdom will host on Tuesday, World Islamic Economic Forum with the participation of delegations from Iraq and from more than 115 countries, will... 

Article calls to amend the Iraq’s investment law

Posted by on Oct 29, 2013 | Leave a Comment

10/23/2013 12:00 AM BAGHDAD – morning counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract. said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment law... 

Kuwait: It’s time to change the model of the “welfare state”; Unsustainable

Posted by on Oct 29, 2013 | Leave a Comment

Kuwait warned its citizens on Monday that model “welfare state” adopted by the Kuwaitis care from the cradle to the grave unsustainable It is time to change it. Prime Minister Sheikh Jaber Mubarak Al-Sabah, through the provision of his government’s program for the next four years to the parliament, “The truth that everyone should mindful, is that the current welfare state which she is accustomed Kuwaitis are not... 

Source: US officials extended official invitations to Maliki, Allawi, Najafi, and Barzani

Posted by on Oct 29, 2013 | Leave a Comment

Allawi And Barzani And Najafi In Washington By Al-Maliki On October 21, 2013 BAGHDAD / News Network Iraq – visiting head of the coalition in Iraq, Iyad Allawi, Washington, DC, in response to a formal invitation to him, to discuss the situation in Iraq and the region. According to a source familiar with the “Allawi is visiting Washington in response to an official invitation addressed to him from U.S. Vice President... 

The future of Talabani as Kurdish President to be discussed in January 2014

Posted by on Oct 29, 2013 | Leave a Comment

The end of the month of January as the date to announce an alternative Talabani in the presidency of the Union The end of the month of January as the date to announce an alternative Talabani in the presidency of the Union Kurdish newspaper revealed the existence of what it called بالتسابق between the leaders of the Patriotic Union of Kurdistan (PUK) to win the post of Secretary General of the Party, the successor... 

Allawi in US hospital over existing knee injury; Some sources believe Allawi to visit US officials during stay

Posted by on Oct 29, 2013 | Leave a Comment

Allawi “is visiting America for treatment of an old knee injury”?! Expressed close to the Iraqi leader surprised at the statements that addressed some of the media for that Ayad Allawi’s visit to Washington, an official came to meet the U.S. government’s invitation. Indicating that Allawi, currently lying in a U.S. hospital for treatment of an old knee injury. A member of the Iraqi List, Adnan Aldenbos in a statement... 

Finance Committee Member: the need to facilitate the procedures for the sale of hard currency to support the stability of the dinar exchange rate

Posted by on Oct 29, 2013 | Leave a Comment

27-10-2013 05:06 AM Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar. Said is capable (of the Agency news): The Central Bank of the demands of setting up a mechanism facilitate the sale... 

Politician suggests more is needed than just economic reform law in order to transition to a free market economy

Posted by on Oct 29, 2013 | Leave a Comment

Do you endorse the economic reform law? 13/10/2013 07:01 PM Head of advisers Minister Thamer Ghadban that the law of economic reform will pass during this session, noting that the law has dimensions positive on the Iraqi market. said Anger in a statement (of the Agency news): The process of turning the Iraqi economy from a socialist economy to a free economy, Pat be difficult unless you change the legislation that... 

Iraq pays $1.2 billion for Kuwaiti compensations; $8.9 Billion unpaid so far

Posted by on Oct 29, 2013 | Leave a Comment

10/25/2013 12:46 PM BAGHDAD/ Aswat al-Iraq: UN Compensations Committee handed over $1.2 billion to Kuwaiti government in part of the compensations of Iraqi invasion of 1990. In a press statement, copy received by Aswat al-Iraq, the committee handed, till now, about $43.5 billion. The remaining amount is about $8.9 billion, which shall be paid in future. Iraq pays 5% of its oil revenues to Kuwaiti compensation fund, as... 

Its time to revamp laws hindering foreign investment, says Secretary General of Council of Ministers

Posted by on Oct 29, 2013 | Leave a Comment

Sec General calls to raise the old laws faced by foreign investors 14/10/2013 17:11 the Secretary General of the Council of Ministers on the Keywords, on Monday, the legislative and executive branches to raise the old laws faced by foreign investors, saying that the real investment needs to be supportive of laws and appropriate ground for foreign investors. Keywords said “tomorrow’s Press,” that “the legislative... 

Article discussing the need for new currency in Iraq; Coins, Deletion of Zeros, New categories

Posted by on Oct 29, 2013 | Leave a Comment

Re-coin claims of financial dealings 27-10-2013 It is rare to find in a purse citizens shoppers and commuters in taxis coin sound monetary, are often torn or Mthrih for frequent use and exposure to different climates of heat and cold and frequent trading, the important thing of all, they have become a source of concern to them, as frequented a lot of sellers and owners of cars fare in receipt of such money after that... 

Iraq needs to get serious about mending economic laws to improve economy, says Economic Development expert

Posted by on Oct 29, 2013 | Leave a Comment

Economic Expert: broken economic laws needed to stop serious concerned to pass 13-10-2013 11:34 AM Baghdad (newsletter). Industrial development expert, said Amer Al-jawahiri, economic development could not be achieved by logos and endoscopy and remarks, noting that the law and institutional approach and experience of the most important factors to drive the economy. He said Al-jawahiri (News Agency): we have many important... 

Maliki: Iraqis of all religions, sects and nationalities are equal before the law

Posted by on Oct 29, 2013 | Leave a Comment

Prime Minister Nuri al-Maliki, said Iraqis of all religions, sects and nationalities are equal before the law, calling on the clergy to take the leading role in strengthening national unity among all the sons of the Iraqi people. Maliki said in a statement issued on the sidelines of a meeting with the President of the Chaldean Church, Patriarch Louis Raphael first Sacco, and seen “Alsumaria News”, he said “the face... 

Smaller IQD notes scarce due to unwillingness of banks to deal with them, says expert

Posted by on Oct 29, 2013 | Leave a Comment

24-10-2013 10:30 AM Baghdad (news) .. Financial expert attributed Ahmed ابريهي, the cause of the scarcity of small-class currency in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. He said ابريهي (of the Agency news): that most banks do not receive a paper currency with a small class (250, 500 and 1000) dinars, the central bank and to go ahead deal out, Maady... 

Parliament fails to adopt election law; Try again after Eid holiday on Oct 22nd

Posted by on Oct 29, 2013 | Leave a Comment

Monday, 07 October 2013 16:17 Baghdad (AIN) –The Iraqi Parliament failed to endorse the elections law draft and decided to postpone voting on this law draft till the end of Eid vacation. Parliamentary source reported to AIN “The Parliament failed once again in voting on the elections law draft since theblocs did not reach an agreement on some items of the law draft,” noting that “The Parliament decided to postpone... 

Iraqi banks non-modern banking systems delay the completion and increase of opportunities

Posted by on Oct 29, 2013 | Leave a Comment

Movement of funds to “Alگoana” banks lack modern techniques 26/10/2013 Despite the rapid development in the world of banking, and the recovery of the movement of money in the countries of the world through modern technology, employing the Internet, is still Iraqi banks adopt traditional systems of old, and uses most of its personnel manual methods widely used for the completion of banking services, causing delay... 

Member of Finance Committee: Right time to activate the tariff law to support the local product

Posted by on Oct 29, 2013 | Leave a Comment

Called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, to the necessity of activating the customs tariff law after giving a considerable period to rehabilitate the customs offices in the Iraqi border, in order to support the national product. Yasiri said in a press statement, said Sunday, “that there is an imbalance in the tax legislation of the country, because he can not be a country like Iraq imported... 

Politicians could extend current session if there is failure to pass election law; Election law has 85% approval rating

Posted by on Oct 29, 2013 | Leave a Comment

Iraq does not rule out extending the work of the parliament and confirm: blocs agreed by the 85% to pass the election law 6/10/2013 1 Confirmed the Iraqi List, on Sunday, that the political blocs could “extend the work of the current parliament” for a specific time period in case of failure to vote on the election law, as shown that the blocs agreed by 85% to pass the law, pointed out that tomorrow’s meeting could... 

Economic Committee Member: Implemenation of investment law will ensure success

Posted by on Oct 29, 2013 | Leave a Comment

10:29 04/10/2013 Deputy: Credibility in the implementation of economic laws one of the reasons for the success of investment A member of the Economic Committee MP / Kurdistan Alliance / Mahma Khalil, said that security and stability and credibility in the implementation of economic laws led to the success of investment in Kurdistan. Khalil said: that of success factors for investment in the world is security and stability... 

Parliament slated to vote on the election law Thursday

Posted by on Oct 29, 2013 | Leave a Comment

UPDATE: Parliament postponed this vote until Monday October 7th   10/03/2013 12:00 AM Passed a law ended the second reading of the draft laws BAGHDAD – morning for the House of Representatives once again vote on the election law, the House of Representatives to the meeting on Thursday following a request of the Legal Committee in order to complete the drafting of some of the paragraphs of the law, while the... 

Najafi discusses with Barzani ways to reach a consensus on the election law

Posted by on Oct 29, 2013 | Leave a Comment

10/27/2013 12:00 AM Following his visit to Kurdistan and meeting with officials in Erbil, expressed Kurdistan Region President Massoud Barzani, hope to establish parliamentary elections as scheduled, without delay, expressed during his meeting with House Speaker Osama Najafi yesterday in Arbil, the hope reaching political parties to positive results that could lead to common understandings to pass the election law, which... 

Parliament postpones adoption of the electoral law to Thursday

Posted by on Oct 29, 2013 | Leave a Comment

10/01/2013 12:00 AM for the House of Representatives once again vote on the election law to the day after tomorrow, Thursday, with extended for a period of one month of the current legislative and voted on the bill and one finished reading the seven laws. comes at a time revealed the Legal Committee of Parliament for the differences on the Law of the election will be decided during the next two days, saying she made a... 

Economist calls for a reduction of currency in circulation; Says GOI should adopt modern card systems

Posted by on Oct 29, 2013 | Leave a Comment

10/24/2013 12:00 AM called researcher economic state fair government banks to develop its adoption of modern technology to reduce the size of the money supply in circulation. said in a statement (morning) that the systems of modern banking in the state banks would activate the automated systems of the card electronic what keeps more liquidity in the bank accounts. confirmed just post 13 banks from private banks... 

Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market

Posted by on Oct 29, 2013 | Leave a Comment

October 24, 2013 Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market BAGHDAD – ((eighth day)) Economic expert called Ahmed, today, Iraqi banks to deal in the same category currency from the central bank to satisfy the need of the market, stressing the need to receive large numbers of the central bank and put it on the market. The said that “most of the banks do not receive... 

Deputy: Economic reform (Free Market Economy) dragging because lack of activation of important laws

Posted by on Oct 29, 2013 | Leave a Comment

Economic The Deputy returned to delay the activation of economic laws lack the expertise to work 29-09-2013 11:46 AM Baghdad (newsletter). Member of the Economic Committee returned MP for//almerapi, because the activation of economic laws lack sophisticated enough experience to manage a free-market economy. “Almerapi (aakhbaret Agency): failure to activate economic laws as protecting the product and consumer,... 

Iraq looks to settle debt with Jordan and Egypt; Arab countries hold firm on debt owed, despite huge reductions by China, Russia, and Japan

Posted by on Oct 29, 2013 | Leave a Comment

Iraq’s Debt Settlement With Egypt And Jordan On October 23, 2013 According to press sources Jordanian, on Wednesday, the Iraqi government has authorized the Iraqi Minister of Finance and the Governor of the Central Bank of negotiation and debt settlement Jordanian and Egyptian on Iraq, according to an agreement, “the Paris Club.” Said Jordan News Agency “Petra” in the news of her day: that “The Iraqi government... 

Economic specialists emphasize the need for economic legislation to Iraqi politicians; Laws will support the local economy and encourage investment

Posted by on Oct 29, 2013 | Leave a Comment

09/29/2013 12:00 AM BAGHDAD – Farah pumice increased calls for specialists to points of the legislative and executive branches need to activate the legislation of laws that support the local economy and encourage investment in several areas, as well as laws that safeguard the process of free competition in the fields of trade, industry and agriculture. economic expert, Dr. Majid picture he felt “there is no understanding... 

The exclusion of 12 banks waged daily currency auction; Experts warned of the acquisition by banking companies

Posted by on Oct 29, 2013 | Leave a Comment

10/24/2013 12:00 AM varied views of specialists in economic affairs around the central bank’s decision excluding 12 out of 32 banks waged from the auction currency for not achieving increased their capital to 250 billion dinars within the period set by the Bank For those banks, regarding an economist believes that this decision will impact on the reputation of banks, both domestic and external.   He noted educator... 

Maliki calls to review laws that hinder progress of private banks; Says private and government banks should coordinate efforts

Posted by on Oct 29, 2013 | Leave a Comment

Maliki calls for review of laws “hinder the work of private banks” and calling on the government to bank balance Author: HH, HUA Range Press / Baghdad Called Iraqi Prime Minister Nuri al-Maliki on Saturday, reviewing legislation and laws that hinder the work of private banks, “calling on the central bank to” coordination between private banks and government “, while stressing bank on the need to” support... 

“Strengthen Iraqi Dinar and make it acceptable internationally, not just local”, says banking expert

Posted by on Oct 29, 2013 | Leave a Comment

Suri calls to strengthen the Iraqi dinar and turn it into a currency is possible to deal internationally October 22, 2013 Called banking expert Majid picture, today, to strengthen the Iraqi dinar and turn it into a currency is possible to deal at the international level, not just local. He said the picture: that local الضروف and international inappropriate disengagement of the Iraqi dinar to the U.S. dollar,... 

Iraq House of Representatives held its the (21) day reading law on Iraq’s accession to the Hague Convention

Posted by on Oct 29, 2013 | Leave a Comment

The news agency here south / Haider Yacoubi Iraqi Council of Representatives held today, Thursday, its the (21) for a first reading of the draft law of the Republic of Iraq’s accession to the Hague Convention on the Civil Aspects of International Child Abduction. (Foreign Relations Committee, the Legal Committee, the Committee on Women, Family and Children). Agenda of the meeting (21) Thursday (26) September 2013 First:... 

Cabinet authorizes Minister of Finance and Governor of CBI to negotiate debt settlement with Jordan and Egypt

Posted by on Oct 29, 2013 | Leave a Comment

Cabinet decided to authorize the Minister of Finance and the Governor of the Central Bank of negotiations for the settlement of the Jordanian and Egyptian debt on Iraq, while commissioned the Ministry of Higher Education and Scientific Research to expand acceptance in the medical colleges Group. A statement issued by the Council of Ministers received {Euphrates} a copy of “The Council held its forty-fourth regular... 

Economic Committee: We are working on the passage of the economic reform law

Posted by on Oct 29, 2013 | Leave a Comment

BAGHDAD / News: confirmed the parliamentary economic committee, on Monday, it was working on the passage of the economic reform law, which will serve to diversify Iraq’s national income, rather than relying only on oil revenues will also support the Iraqi economy in general. A member of the Committee MP Mahma Khalil in an exclusive interview with the agency “News” that “the process of ratification of the economic... 

GOI is responsible and has a priority to transition to a market economy; Economist calls for economic reform

Posted by on Oct 29, 2013 | Leave a Comment

Priorities for the transition to a market economy 10/23/2013 12:00 AM warned an economist that the economic reality and the existing social in Iraq requires a bigger role for the state without confined to the general budget, but stressed the need not to overlook the role of the private sector in this activity, calling for the need to lay the foundations of modern economic order to ensure investment full resources and... 

Finance Committee Member: Iraq is an inhospitable environment for investment due to absence of security stability and supportive laws

Posted by on Oct 29, 2013 | Leave a Comment

24-09-2013 07:35 AM Baghdad (newsletter). He is a member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is capable, from the continued deterioration of the security situation in the country because it will affect the work of the few foreign companies that operate in the country. He is capable (for the news agency news): global companies typically look for two things for the purpose of investment... 

Iraq’s financial policy good but it is not effective in the long run, says Saleh (former Vice CBI Governor)

Posted by on Oct 29, 2013 | Leave a Comment

10/23/2013 12:00 AM He said that the budget is part of the five-year plan and not vice versa Saw Mokhtassan in the economic necessity of making fiscal policy and a clear long-term in order to achieve the goals set for the budgets of the country’s public and take measures hedging to reduce the impact of fluctuations in oil prices on the budget with a supplier sole stressing in the same time, the importance of diversifying... 

Academy: Iraq’s old economic laws hinder investment

Posted by on Oct 29, 2013 | Leave a Comment

24/09/2013 12:00 AM saw the academic economic Dr Majid Baidhani that economic laws old, which is still in force until now limit the activity of the private sector and impede the investment process. said in a statement (morning) that the private banking sector, for example, has the desire to enter into the process of economic development, but the Article 28 of the Banking Act represents the main obstacle to private banks... 

Differences between Baghdad and Kurdistan need resolved prior to approving 2014 budget, says economic committee member

Posted by on Oct 29, 2013 | Leave a Comment

Economy: the need to overcome differences between Arbil and Baghdad regarding oil prior to the approval of the federal budget 22-10-2013 10:37 AM Baghdad (newsletter). Member of the Committee for economy and investment Deputy//ÚÈÏ çáúèçó sheyaa, the importance of overcoming all the differences between the Governments of the region and the Centre for oil in next year’s budget, noting that committees formed... 

Committee: political differences have prevented the adoption of a law by the Federal Council for oil policy

Posted by on Oct 29, 2013 | Leave a Comment

22-09-2013 10:30 AM Baghdad (newsletter). According to the decision of the Committee on oil and energy, a Deputy from the Kurdistan blocs Coalition//Kassim Mohamed Qassem, political differences in parliamentary blocs have prevented the adoption of a law establishing the Federal Council for the country’s oil policy. Kassim (News Agency): the law of the Federal Council for oil policy is one of the important laws in the... 

Article calls to amend the Iraq’s investment law

Posted by on Oct 29, 2013 | Leave a Comment

10/23/2013 12:00 AM BAGHDAD – morning counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract. said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment law... 

Allawi refuses to accept any position at the expense of the interests of the Iraqi people.

Posted by on Oct 29, 2013 | Leave a Comment

21/09/2013 15:58:00 Baghdad/ NINA /–Head of Iraqiya Slate rejected Iyad Allawi rejected to accept any government position at the expense of the interests of the Iraqi people. Allawi said in his page on the social network site / FB / : ” I had earlier quite easily, and rejected acceptance of any function at the expense of the interests of the Iraqi people  Read More →

Iraq should expand bank branches internationally to open opportunities, says Finance Committee Member

Posted by on Oct 29, 2013 | Leave a Comment

Smart answer: open branches of Iraqi banks abroad will boost the economy and investment 21-10-2013 12:50 PM Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, Iraqi banks to open branches in the world, saying that such a step would open the field of investment and banking transactions in other States. Najib said (News Agency): the Iraqi banking system continued... 

Finance Committee: Amendments to the work (law) of private banks soon

Posted by on Oct 29, 2013 | Leave a Comment

09/19/2013 Revealed the Finance Committee in the House of Representatives for an expanded meeting will be held during the next few days to develop a new mechanism serves the work of banks in the country, indicating it is waiting for a bill from the government outlining dealing with the banking system in the future in a manner consistent with the methods adopted in developed countries. A member of the Finance Committee... 

Finance Committee: CBI is required to help develop non-government banks to meet standards

Posted by on Oct 29, 2013 | Leave a Comment

Financial: the Central Bank is required to develop a plan to improve the work of local banks 21-10-2013 11:30 AM Baghdad (newsletter). The parliamentary Finance Committee, called the Iraqi Central Bank to a strategic plan for the development of the work of the local banks, according to the evolution of global banks, in order to contribute to the support and development of the national economy. The Vice-Chairman of the... 

Experts: Adoption of the law of oil will contribute to the increase of national income

Posted by on Oct 29, 2013 | Leave a Comment

  17/09/2013 12:00 AM   Amid calls for legislation before the end of the current session of Parliament not to pass the law of oil and gas affects the economy of the country negatively contribute to attracting companies invested for the Advancement of oil situation   with near the end of the current legislative session, called on parliamentarians and economists to approve the draft law of oil and gas, as... 

Source: US officials extended official invitations to Maliki, Allawi, Najafi, and Barzani

Posted by on Oct 29, 2013 | Leave a Comment

Allawi And Barzani And Najafi In Washington By Al-Maliki On October 21, 2013 BAGHDAD / News Network Iraq – visiting head of the coalition in Iraq, Iyad Allawi, Washington, DC, in response to a formal invitation to him, to discuss the situation in Iraq and the region. According to a source familiar with the “Allawi is visiting Washington in response to an official invitation addressed to him from U.S. Vice President... 

PM Maliki ready to amend Investment Law to promote private sector

Posted by on Oct 29, 2013 | Leave a Comment

Maliki vows to “make amendments” to the Investment Law “cringe” the difficulties and private investors Editor: AJ, BS 15.09.2013 15:37 Prime Minister Nuri al-Maliki, said on Sunday that “the housing sector at the forefront of the priorities of his government,” and to have “projects for the construction of housing units and the distribution of pieces of land free of charge to the needy and the poor,” While... 

Allawi in US hospital over existing knee injury; Some sources believe Allawi to visit US officials during stay

Posted by on Oct 29, 2013 | Leave a Comment

Allawi “is visiting America for treatment of an old knee injury”?! Expressed close to the Iraqi leader surprised at the statements that addressed some of the media for that Ayad Allawi’s visit to Washington, an official came to meet the U.S. government’s invitation. Indicating that Allawi, currently lying in a U.S. hospital for treatment of an old knee injury. A member of the Iraqi List, Adnan Aldenbos in a statement... 

Finance member: legislation law protects bank deposits contributes to the support of the banking sector

Posted by on Oct 29, 2013 | Leave a Comment

12:01 15/09/2013 confirmed member of the Finance Committee MP Najib Najib, the need for legislation that protects bank deposits law for the advancement of economic reality. Najib said in a press statement that any law contributes to the support of the banking sector should do, especially since this sector is suffering a lot of problems which need to be legislation and take measures to promote it. She added: the government’s... 

Iraq participates “INTOSAI” Conference in China to develop financial control

Posted by on Oct 29, 2013 | Leave a Comment

20-10-2013 BSA announced federal, Sunday, announced its participation conference “INTOSAI” which will be held in China for the development of censorship, saying the conference is an opportunity to exchange experiences, opinions, and discuss important technical issues. A press release said the bureau, received “Alsumaria News” a copy of it, that “the Chief of Staff Abdul Basit Turki headed a delegation to participate... 

HCL Law likely to be heard in next parliamentary session; Politics stops law from being heard in current session

Posted by on Oct 29, 2013 | Leave a Comment

Economic Rapporteur of the Commission on oil preclude approval of oil and gas law in the absence of a national consensus among the parliamentary blocs 14-09-2013 01:07 PM Baghdad (news) .. Ruled out the decision of the Oil and Energy Committee MP / coalition of Kurdish blocs / Qassim Mohammed Qassim, approve oil and gas law in the absence of a national consensus between the political blocs during the current parliamentary... 

Finance Committee : Government banks is not suitable for financial and economic development

Posted by on Oct 29, 2013 | Leave a Comment

10/21/2013 19:41 Tomorrow Press / Baghdad: The Committee considered the House Financial, on Monday, that the reality of government banks is not suitable for the development of the financial and economic, stressing that the restructuring of those banks was launched five years ago has not been implemented properly. said a member of the Finance Committee Secretary Hadi Abbas for “tomorrow Press “that” required now... 

Parliament reschedules Election Law vote for Sept 24th

Posted by on Oct 29, 2013 | Leave a Comment

  postpone the vote on the election law to the 24th of the current month Friday, September 13 / September 2013 14:33   [Baghdad - where]   Authority announced the Presidency of the Council of Representatives to postpone the parliamentary session scheduled to vote on the law of the general elections to 24 of the current month of September.   He was scheduled to hold a hearing to vote on the law next... 

Economists respond “Cant unlink USD from IQD” as suggested by the Economic Center; Creates further discussion regarding IQD units

Posted by on Oct 29, 2013 | Leave a Comment

Economists: cannot unlink dollar from Iraqi dinar 20-10-2013 Despite the White House end the Government shutdown crisis of America there is another crisis threatening the US economy is the US government debt ceiling height to record levels reached 10 trillion dollars, an amount much difficult in the absence of indicators of recovery of the US economy, threaten new economic crises threatening the dollar. The economic... 

Deputy Secretary stresses need for Dropping Zeros law; It’s known the zeros project will like to take place in next month, he says

Posted by on Oct 29, 2013 | Leave a Comment

Finance committee member stressed n passing law for deleting zeros 12 Sep 2013 A finance committee member of Iraq stated that a law for omitting zeros from Iraqi currencies should be passed in order to confront the issues like debt and money frozen. Finance Committee deputy secretary, Mr. Hadi stated further that the law should be passed as soon as possible to overcome some serious financial issues within the country. He... 

Parliamentary Commission Member: Economy is likely to lower rates of inflation and unemployment in the coming period

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20-10-2013 12:34 PM Attributed a member of the Committee on the economy and investment MP / Kurdistan Alliance / Jassim, cause of the low rate of inflation in Iraq, to the success of central bank policy and the stability of the currency. was likely in a statement: low rate of inflation, poverty and unemployment in the coming period significantly , due to the economic recovery experienced by the country’s high budget... 

Article calls to amend the Iraq’s investment law

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  10/23/2013 12:00 AM BAGHDAD – morning counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract. said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment... 

Najafi discusses with Barzani ways to reach a consensus on the election law

Posted by on Oct 29, 2013 | Leave a Comment

  10/27/2013 12:00 AM   Following his visit to Kurdistan and meeting with officials in Erbil,   expressed Kurdistan Region President Massoud Barzani, hope to establish parliamentary elections as scheduled, without delay, expressed during his meeting with House Speaker Osama Najafi yesterday in Arbil, the hope reaching political parties to positive results that could lead to common understandings to pass... 

Article discussing the need for new currency in Iraq; Coins, Deletion of Zeros, New categories

Posted by on Oct 29, 2013 | Leave a Comment

Re-coin claims of financial dealings 27-10-2013 It is rare to find in a purse citizens shoppers and commuters in taxis coin sound monetary, are often torn or Mthrih for frequent use and exposure to different climates of heat and cold and frequent trading, the important thing of all, they have become a source of concern to them, as frequented a lot of sellers and owners of cars fare in receipt of such money after that... 

Smaller IQD notes scarce due to unwillingness of banks to deal with them, says expert

Posted by on Oct 29, 2013 | Leave a Comment

24-10-2013 10:30 AM Baghdad (news) .. Financial expert attributed Ahmed ابريهي, the cause of the scarcity of small-class currency in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. He said ابريهي (of the Agency news): that most banks do not receive a paper currency with a small class (250, 500 and 1000) dinars, the central bank and to go ahead deal out, Maady... 

Iraqi banks non-modern banking systems delay the completion and increase of opportunities

Posted by on Oct 29, 2013 | Leave a Comment

Movement of funds to “Alگoana” banks lack modern techniques 26/10/2013 Despite the rapid development in the world of banking, and the recovery of the movement of money in the countries of the world through modern technology, employing the Internet, is still Iraqi banks adopt traditional systems of old, and uses most of its personnel manual methods widely used for the completion of banking services, causing delay... 

Najafi discusses with Barzani ways to reach a consensus on the election law

Posted by on Oct 29, 2013 | Leave a Comment

10/27/2013 12:00 AM Following his visit to Kurdistan and meeting with officials in Erbil, expressed Kurdistan Region President Massoud Barzani, hope to establish parliamentary elections as scheduled, without delay, expressed during his meeting with House Speaker Osama Najafi yesterday in Arbil, the hope reaching political parties to positive results that could lead to common understandings to pass the election law, which... 

Economist calls for a reduction of currency in circulation; Says GOI should adopt modern card systems

Posted by on Oct 29, 2013 | Leave a Comment

10/24/2013 12:00 AM called researcher economic state fair government banks to develop its adoption of modern technology to reduce the size of the money supply in circulation. said in a statement (morning) that the systems of modern banking in the state banks would activate the automated systems of the card electronic what keeps more liquidity in the bank accounts. confirmed just post 13 banks from private banks... 

Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market

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October 24, 2013 Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market BAGHDAD – ((eighth day)) Economic expert called Ahmed, today, Iraqi banks to deal in the same category currency from the central bank to satisfy the need of the market, stressing the need to receive large numbers of the central bank and put it on the market. The said that “most of the banks do not receive... 

Iraq looks to settle debt with Jordan and Egypt; Arab countries hold firm on debt owed, despite huge reductions by China, Russia, and Japan

Posted by on Oct 29, 2013 | Leave a Comment

Iraq’s Debt Settlement With Egypt And Jordan On October 23, 2013 According to press sources Jordanian, on Wednesday, the Iraqi government has authorized the Iraqi Minister of Finance and the Governor of the Central Bank of negotiation and debt settlement Jordanian and Egyptian on Iraq, according to an agreement, “the Paris Club.” Said Jordan News Agency “Petra” in the news of her day: that “The Iraqi government... 

The exclusion of 12 banks waged daily currency auction; Experts warned of the acquisition by banking companies

Posted by on Oct 29, 2013 | Leave a Comment

10/24/2013 12:00 AM varied views of specialists in economic affairs around the central bank’s decision excluding 12 out of 32 banks waged from the auction currency for not achieving increased their capital to 250 billion dinars within the period set by the Bank For those banks, regarding an economist believes that this decision will impact on the reputation of banks, both domestic and external.   He noted educator... 

Cabinet authorizes Minister of Finance and Governor of CBI to negotiate debt settlement with Jordan and Egypt

Posted by on Oct 29, 2013 | Leave a Comment

Cabinet decided to authorize the Minister of Finance and the Governor of the Central Bank of negotiations for the settlement of the Jordanian and Egyptian debt on Iraq, while commissioned the Ministry of Higher Education and Scientific Research to expand acceptance in the medical colleges Group. A statement issued by the Council of Ministers received {Euphrates} a copy of “The Council held its forty-fourth regular... 

GOI is responsible and has a priority to transition to a market economy; Economist calls for economic reform

Posted by on Oct 28, 2013 | Leave a Comment

Priorities for the transition to a market economy 10/23/2013 12:00 AM warned an economist that the economic reality and the existing social in Iraq requires a bigger role for the state without confined to the general budget, but stressed the need not to overlook the role of the private sector in this activity, calling for the need to lay the foundations of modern economic order to ensure investment full resources and... 

Iraq’s financial policy good but it is not effective in the long run, says Saleh (former Vice CBI Governor)

Posted by on Oct 28, 2013 | Leave a Comment

10/23/2013 12:00 AM He said that the budget is part of the five-year plan and not vice versa Saw Mokhtassan in the economic necessity of making fiscal policy and a clear long-term in order to achieve the goals set for the budgets of the country’s public and take measures hedging to reduce the impact of fluctuations in oil prices on the budget with a supplier sole stressing in the same time, the importance of diversifying... 

Differences between Baghdad and Kurdistan need resolved prior to approving 2014 budget, says economic committee member

Posted by on Oct 28, 2013 | Leave a Comment

Economy: the need to overcome differences between Arbil and Baghdad regarding oil prior to the approval of the federal budget 22-10-2013 10:37 AM Baghdad (newsletter). Member of the Committee for economy and investment Deputy//ÚÈÏ çáúèçó sheyaa, the importance of overcoming all the differences between the Governments of the region and the Centre for oil in next year’s budget, noting that committees formed... 

Article calls to amend the Iraq’s investment law

Posted by on Oct 28, 2013 | Leave a Comment

10/23/2013 12:00 AM BAGHDAD – morning counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract. said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment law... 

Iraq should expand bank branches internationally to open opportunities, says Finance Committee Member

Posted by on Oct 28, 2013 | Leave a Comment

Smart answer: open branches of Iraqi banks abroad will boost the economy and investment 21-10-2013 12:50 PM Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, Iraqi banks to open branches in the world, saying that such a step would open the field of investment and banking transactions in other States. Najib said (News Agency): the Iraqi banking system continued... 

Finance Committee: CBI is required to help develop non-government banks to meet standards

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Financial: the Central Bank is required to develop a plan to improve the work of local banks 21-10-2013 11:30 AM Baghdad (newsletter). The parliamentary Finance Committee, called the Iraqi Central Bank to a strategic plan for the development of the work of the local banks, according to the evolution of global banks, in order to contribute to the support and development of the national economy. The Vice-Chairman of the... 

Source: US officials extended official invitations to Maliki, Allawi, Najafi, and Barzani

Posted by on Oct 28, 2013 | Leave a Comment

Allawi And Barzani And Najafi In Washington By Al-Maliki On October 21, 2013 BAGHDAD / News Network Iraq – visiting head of the coalition in Iraq, Iyad Allawi, Washington, DC, in response to a formal invitation to him, to discuss the situation in Iraq and the region. According to a source familiar with the “Allawi is visiting Washington in response to an official invitation addressed to him from U.S. Vice President... 

Allawi in US hospital over existing knee injury; Some sources believe Allawi to visit US officials during stay

Posted by on Oct 28, 2013 | Leave a Comment

Allawi “is visiting America for treatment of an old knee injury”?! Expressed close to the Iraqi leader surprised at the statements that addressed some of the media for that Ayad Allawi’s visit to Washington, an official came to meet the U.S. government’s invitation. Indicating that Allawi, currently lying in a U.S. hospital for treatment of an old knee injury. A member of the Iraqi List, Adnan Aldenbos in a statement... 

Iraq participates “INTOSAI” Conference in China to develop financial control

Posted by on Oct 28, 2013 | Leave a Comment

20-10-2013 BSA announced federal, Sunday, announced its participation conference “INTOSAI” which will be held in China for the development of censorship, saying the conference is an opportunity to exchange experiences, opinions, and discuss important technical issues. A press release said the bureau, received “Alsumaria News” a copy of it, that “the Chief of Staff Abdul Basit Turki headed a delegation to participate... 

Finance Committee : Government banks is not suitable for financial and economic development

Posted by on Oct 28, 2013 | Leave a Comment

\10/21/2013 19:41 Tomorrow Press / Baghdad: The Committee considered the House Financial, on Monday, that the reality of government banks is not suitable for the development of the financial and economic, stressing that the restructuring of those banks was launched five years ago has not been implemented properly. said a member of the Finance Committee Secretary Hadi Abbas for “tomorrow Press “that” required now... 

Economists respond “Cant unlink USD from IQD” as suggested by the Economic Center; Creates further discussion regarding IQD units

Posted by on Oct 28, 2013 | Leave a Comment

Economists: cannot unlink dollar from Iraqi dinar 20-10-2013 Despite the White House end the Government shutdown crisis of America there is another crisis threatening the US economy is the US government debt ceiling height to record levels reached 10 trillion dollars, an amount much difficult in the absence of indicators of recovery of the US economy, threaten new economic crises threatening the dollar. The economic... 

Parliamentary Commission Member: Economy is likely to lower rates of inflation and unemployment in the coming period

Posted by on Oct 28, 2013 | Leave a Comment

20-10-2013 12:34 PM Attributed a member of the Committee on the economy and investment MP / Kurdistan Alliance / Jassim, cause of the low rate of inflation in Iraq, to the success of central bank policy and the stability of the currency. was likely in a statement: low rate of inflation, poverty and unemployment in the coming period significantly , due to the economic recovery experienced by the country’s high budget... 

Finance Committee Calls for the adoption of electronic banking services in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

10/19/2013 Called on the Finance Committee in the House of Representatives, the Iraqi banks to activate some modern banking services, such as the settlement of financial transactions through mobile phones, or credit cards, so as to reduce the handling of paper currency. Committee member Abdul Hussein al-Yasiri, said in a statement to Radio Free Iraq “to find new methods for the settlement of cash transactions electronically,... 

Economic center: U.S. debt crisis would hurt the Iraqi economy from low world oil prices

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20-10-2013 06:51 AM Baghdad (newsletter). The President of the economic information center predicted Dergham Mohamed Ali, the Iraqi economy was affected by the debt crisis, which will lead to lower oil prices in the world oil market. He Mehmet Ali (News Agency): to increase the debt of America would not lead directly to the recession, but Government closure effect in one form or another on the income of the employees... 

Maliki begins his visit to Washington on Oct 29, Will meet President Obama during stay

Posted by on Oct 28, 2013 | Leave a Comment

06:41 PM Prime Minister Nuri al-Maliki beginning of the twenty-ninth of the month visit to the United States in response to an official invitation from U.S. Vice President Joe Biden. The Information Office of the Prime Minister in a press statement: “The al-Maliki will be held during the visit, meetings with U.S. President Barack Obama and Vice President Joe Biden and senior officials in the United States, focused on... 

Iraq Economic Center: CBI should disengage from USD in its currency reserves, Use stable alternative currencies; Blames instability, high debt of the U.S.

Posted by on Oct 28, 2013 | Leave a Comment

Center calls for economic disengagement of the Iraqi dinar to the dollar Date Posted: 2:39 pm, October 19, 2013 BAGHDAD (Independent) .. Economic Information Center called for Iraq to move from the dollar area and linking the Iraqi dinar more stable currencies. The head of the center Dergham Mohammed Ali said in a statement today, “despite the announcement the White House, the end of the crisis, shutdown the government... 

CBI increased its cash reserves to $76 Billion to support the dinar exchange rate, says Finance Committee

Posted by on Oct 28, 2013 | Leave a Comment

Member of the Finance Committee: the Central Bank use the increase in the cash reserve to support the dinar exchange rate 19-10-2013 12:56 PM Baghdad (newsletter). Student member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is able to exploit the increase in the cash reserve of hard currency to support the Iraqi dinar exchange rate against the US dollar. He is capable of (News Agency):... 

Iraq’s foreign debt totals $39 Billion

Posted by on Oct 28, 2013 | Leave a Comment

Parliamentary Research Service: Total Iraq’s foreign debt of $ 39 billion BAGHDAD – Iraq Press – 19 October / October: A report issued by the research department of the Council of Representatives of Iraq, seen by / Presse Iraq /, that “Iraq’s foreign debt until 31/12/2012 have been classified into four categories, the Paris Club debt, and countries outside the Paris Club and commercial creditors, and debts of... 

CBI: We strive for a balanced ratio of gold with hard currency reserves

Posted by on Oct 28, 2013 | Leave a Comment

10/19/2013 – 11:25 Central Bank of Iraq, on Saturday, on his quest to find a balanced ratio of gold with hard currency reserves, considering that whenever the reserve size increases less than the contribution of other components. The governor of the central bank and agency Abdul Basit Abdul Samad said in an interview for “Alsumaria News”, “The Bank seeks to balanced ratio of gold compared to reserves of hard currency... 

Maliki’s visit to Washington aimed at discussing the Strategic Framework Agreement (SFA)

Posted by on Oct 28, 2013 | Leave a Comment

17-10-2013 Prime Minister Nuri al-Maliki, on Thursday, said the aim of his visit, which planned to be made to the United States early next month is to discuss the strategic framework agreement, confirming the presence of a desire to activate this agreement from both sides. Maliki said in an interview for a number of media, including “Alsumaria News”, on the sidelines of attending the ceremonial marriage collectively... 

To make Dinar desirable internationally requires a stable and productive Iraq, says financial expert

Posted by on Oct 28, 2013 | Leave a Comment

10/18/2013 Financial expert: the power of the national currency is the existence of political and economic stability in the country attributed the financial affairs expert Thamer Jassim Al-Ali, the reasons for rejection of the neighboring countries to deal dinars to the absence of political and economic stability and security in the country, making their confidence is weak. Ali said: The country still suffers from the... 

SLC MP: Discussing replacing Talabani, complicated

Posted by on Oct 28, 2013 | Leave a Comment

Thursday, 17 October 2013 11:59 Baghdad (AIN) –MP, Mohammed al-Sayhoud, of the State of Law Coalition described discussing replacing the President, Jalal Talabani, at the current time as “Complicated.” Speaking to All Iraq News Agency (AIN), he said “Discussing this issue is complicated due to the remaining time of the government.” “The Vice President, Khudhir al-Khuzaiye, could run Talabani’s post neutrally... 

Shahristani: Iraq to be main provider of oil for world

Posted by on Oct 28, 2013 | Leave a Comment

Friday, 18 October 2013 08:30 Baghdad (AIN) –The Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, assured that “Iraq is working to increase its oil production and will be the main provider of crude oil in the world.” A statement by Shahristani’s office cited “The Deputy PM for Energy Affairs participated in the 22nd International Energy Conference which was held in Daigo city in South Korea.” Shahristani... 

UNAMI: 6 million Iraqis are still living below the poverty line

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18-10-2013 05:44 PM Baghdad (news) .. According to the UN mission in Iraq ‘UNAMI’, that 6 million Iraqis are still living below the poverty line of about 33 million people in the country beyond the budget of Finance’s annual $ 100 billion. mission said in a statement on the occasion of the International Day for the Eradication of Poverty received (News Agency news) a copy of it: The United Nations wants to focus... 

Najafi, Biden discuss Iraq’s security and holding the elections on time

Posted by on Oct 28, 2013 | Leave a Comment

Najafi, Biden discuss Iraq’s security and holding the elections on time Search House Speaker Osama Najafi in a telephone conversation with U.S. Vice President Joseph Biden, the situation in Iraq and the region. A statement by the Office of the President of the House of Representatives that “the two sides discussed during the phone call files political and security situation in the region, especially the situation... 

Iraq working to promote a free market policy that suits the global economic openness, says Shahristani from South Korea

Posted by on Oct 28, 2013 | Leave a Comment

Wednesday, October 16 1 / Okrudolf 2013 Deputy Prime Minister for Energy Hussain al-Shahristani said the Iraqi government is currently working on promoting free-market policy through the creation of new economic legislation suited to the global economic openness and that would encourage foreign investment, both direct and indirect. A statement by the Office of the Deputy Prime Minister, received today and all of Iraq... 

Healthy economic environment needed for trade, investors, & WTO accession, says Iraq Ministry of Commerce

Posted by on Oct 28, 2013 | Leave a Comment

14/10/2013 (00:01 pm) Trade: government facilities for traders and investors need to be “vaccinated” with a number of economic measures The Ministry of Commerce, yesterday, the Iraqi government the need to “vaccinate” the facilities provided for Trade and investors Iraqis and foreigners through the addition of some of the actions to serve the interest of the parties, and among that among those procedures open exchange between... 

Replacing Talabni depends on Doctor’s report and parliament, says Kana

Posted by on Oct 28, 2013 | Leave a Comment

Thursday, 17 October 2013 14:32 Baghdad (AIN) –MP, Yonadim Kana, assured that the issue of replacing the President, Jalal Talabani, depends on the medical report o the supervising doctor. He stated to AIN “Occupying the President’s post is a constitutional issue that involves specific measures in this regard.” “The final decision is to be made by the parliament,” he concluded  Read More →

CBI: Iraq’s inflation less than neighboring countries; However its reliance on oil is structurally wrong for the economy

Posted by on Oct 28, 2013 | Leave a Comment

Central Bank: inflation in Iraq is scary, which is less than neighboring countries 16/10/2013 – 11:04 Considered the Iraqi Central Bank, on Wednesday that inflation in Iraq is scary which is less than neighboring countries, stressing its ability to curb any inflation in the event of a rally. The central bank governor said Abdul Basit Abdul Samad said in an interview for “Alsumaria News”, “inflation in Iraq is... 

Iraq: Slight increase in the annual inflation index

Posted by on Oct 28, 2013 | Leave a Comment

The Ministry of Planning and Development Cooperation slight rise in the inflation index for the month of September compared with September 2012. Said ministry spokesman Abdul Zahra al-Hindawi told a news briefing: “The inflation index during the month of September saw a slight rise in rates by 0 , 05% compared with August last year. ” And added: “The Central Bureau of Statistics completed the inflation report which... 

Economist: Capital Market disability; The threats on the path to economic development in the country

Posted by on Oct 28, 2013 | Leave a Comment

Posted 08/10/2013 05:52 PM Economic expert called gentle Abdul Salem Okkaily, the need to encourage investment and transfer of state-owned companies to convertible contribution to the support and development of the Iraqi market for securities. Ugaili said in an analytical study prepared (of the Agency news): Iraq depends on a mission to provide most of the needs of daily commodities and goods on the markets of the various... 

Shahristani: China seeks to buy 850,000 barrels of oil a day in 2014

Posted by on Oct 28, 2013 | Leave a Comment

16-10-2013 04:34 PM Baghdad (newsletter).Deputy Prime Minister for Energy Affairs Hussein Al-Shahristani, said Wednesday that China is seeking to buy about 850,000 barrels of oil a day from Iraq. To buy China 568 thousand barrels of oil this year, up from 525,000 barrels a day in 2012. Al-Shahristani said that luck toward Iraq because it has always had applications to export more than it imported. He added that Iraq has... 

Politician suggests more is needed than just economic reform law in order to transition to a free market economy

Posted by on Oct 28, 2013 | Leave a Comment

Do you endorse the economic reform law? 13/10/2013 07:01 PM Head of advisers Minister Thamer Ghadban that the law of economic reform will pass during this session, noting that the law has dimensions positive on the Iraqi market. said Anger in a statement (of the Agency news): The process of turning the Iraqi economy from a socialist economy to a free economy, Pat be difficult unless you change the legislation that... 

Iraqi Commercial Bank: civil and private banks need to broaden the base of their work

Posted by on Oct 28, 2013 | Leave a Comment

14/10/2013 18:43 The Iraqi Commercial Bank said on Monday, private banks and the need to broaden the base of their work and the practice of bank credits and bank wire transfers, saying that state banks can not provide loans to investors to ensure the ground. The Director of the bank Hamdiya dry for “tomorrow’s Press,” that “private banks and private urgent need to expand the base of its work and practice credits... 

Maliki to visit Washington in Oct. 25; Accepts Obama Invitation

Posted by on Oct 28, 2013 | Leave a Comment

14/10/2013 09:20:00 BAGHDAD / NINA / A source, close to Prime Minister Nuri al – Maliki, said: “Al-Maliki will visit Washington at October 25, at an official invitation from U.S. President Barack Obama.” The source told the National Iraqi News Agency / NINA / that al-Maliki will go to Washington on a head of large ministerial delegation on 25, Oct and will meet with U.S. President Barack Obama, to discuss the strategic... 

Former CBI Gov. Shabibi underscores the responsibilities of the CBI, urges an efficient government

Posted by on Oct 28, 2013 | Leave a Comment

We put the foundations for a stable dinar and hard currency and the urgent need for an efficient government sector and high productivity … Sinan Shabibi Mohammad Reza The objective basis for the central bank is working to achieve stability in the domestic prices and foreign currency exchange rate, not the distribution of money to the merchants by their banks as imagined by many who gave the impression that the so-called... 

IMF projects 2014 will be year of investment for Iraq; Estimates economic growth over next 5 years

Posted by on Oct 28, 2013 | Leave a Comment

A citizen’s Deputy Prime Minister for Energy Affairs Hussain al-Shahristani «The International Monetary Fund estimates indicate that Iraq will keep the rate of increase in economic growth over the next five years, while considered that the year 2014 will be a year of investment in the country, called for a non- Deputy Prime Minister for Energy Affairs Hussain al-Shahristani «The IMF estimates indicate that Iraq will... 

Iraq Board of Commissioners approves April 2014 for parliamentary elections

Posted by on Oct 28, 2013 | Leave a Comment

Commission endorses the timetable for parliamentary elections 2014 Monday, October 14 1 / Okrudolf 2013 15:30 Board of Commissioners approved the Electoral Commission for elections on Monday, on your schedule the election of the Iraqi Council of Representatives 2014. It is said that Parliament had failed in the last session has to vote on the election law, which has seen several differences between the blocs, including... 

April 2014: Electoral system will map the next Parliament vote; Political blocks waiting for the overthrow

Posted by on Oct 28, 2013 | Leave a Comment

14-10-2013 10:03 AM Baghdad (News)/report/… The country’s approaching election of deputies who will be in April next year, and forecast political elections by Jan short-lived political blocks are now on the map of not submitting anything to citizens and their electoral programmes, as these will determine the electoral system for the election law, which is the current conflict between the political blocs to modify. In... 

Iraq’s Tauki Oil Field may contain sea of oil, says Norwegian Oil Company

Posted by on Oct 28, 2013 | Leave a Comment

De. Said. Or International: Iraqi field may contain “sea of oil” 14 October 2013 DNO said. Said. Norwegian or International on Monday that new wells in Iraq’s its oil Tauki field produces more than any of the other wells that have been drilled so far. The horizontal well produced Tauki 23 to 32 thousand and 500 barrels of oil per day superior on the well Tauki 20 produced in the recent period of 25 thousand... 

Its time to revamp laws hindering foreign investment, says Secretary General of Council of Ministers

Posted by on Oct 28, 2013 | Leave a Comment

Sec General calls to raise the old laws faced by foreign investors 14/10/2013 17:11 the Secretary General of the Council of Ministers on the Keywords, on Monday, the legislative and executive branches to raise the old laws faced by foreign investors, saying that the real investment needs to be supportive of laws and appropriate ground for foreign investors. Keywords said “tomorrow’s Press,” that “the legislative... 

Parliament calls for the formation of the Federal Council for Oil and Gas

Posted by on Oct 28, 2013 | Leave a Comment

14 October 2013 Committee called on the parliamentary oil and energy to speed up enactment of a law of the Federal Council for Oil and Gas decode the interactions between the ministries of oil and electricity and problems with the provinces and the Kurdistan region, telltale important positive role to be undertaken by the Council in the development of strategic policies for energy. Rapporteur of the Committee MP Mohammad... 

UN calls on Iraqis to achieve unity and to address violence

Posted by on Oct 28, 2013 | Leave a Comment

called on the United Nations, on the occasion of the advent of Eid al-Adha, all Iraqis and their political and religious leaders and civil rights to seek to achieve unity and understanding among them. The Special Representative of the Secretary-General of the United Nations in Iraq, Nikolay Mladenov, in a press statement received news agency public opinion (and babysit) a copy of it on Monday: “In this holiday At this... 

Arab Parliament: Iraq has a major role in the region

Posted by on Oct 28, 2013 | Leave a Comment

Monday, October 14 1 / Okrudolf 2013 13:37 The head of the Arab Parliament Ahmad Al Jarwan, that Iraq a major role in the region, and has the weight of its stability. Jarwan denounced in a press statement on Monday everything that goes on from acts of terrorism in Iraq, all spectra, stressing that “we do not stand with the community against another, but we are against the terrorism that comes from the inside and from... 

Iraq needs to get serious about mending economic laws to improve economy, says Economic Development expert

Posted by on Oct 28, 2013 | Leave a Comment

Economic Expert: broken economic laws needed to stop serious concerned to pass 13-10-2013 11:34 AM Baghdad (newsletter). Industrial development expert, said Amer Al-jawahiri, economic development could not be achieved by logos and endoscopy and remarks, noting that the law and institutional approach and experience of the most important factors to drive the economy. He said Al-jawahiri (News Agency): we have many important... 

Iraqi editorial reflects on “good ol’ days” of the Iraqi Dinar and its history

Posted by on Oct 28, 2013 | Leave a Comment

Seniors leave out zeros currency by the government 12/10/2013 Agency JD / Abbas Al traveler / .. You might have heard and you shop from the grocer or when buying bread or during the ascension in transportation also, you hear one “older” pronounces the words Hack: text dinars, or quarter of a dinar or give me bread dinar, at first glance you think he suffered a “Alzheimer’s,” but when Tfhsk position well,... 

Editorial on the the Process of Deletion of zeros from the Iraqi dinar

Posted by on Oct 28, 2013 | Leave a Comment

11/10/2013 Raised the issue of deletion of zeros from the Iraqi dinar and promoted by the central bank in recent times a lot of talk among professionals about the economic feasibility and its impact on the Iraqi economy, has reported advisers at the central bank that the deletion of zeros will help to alleviate the Event inflation suffered by the Iraqi economy where This action will help to reduce the money supply in... 

CBI attributes the scarcity of quality banknotes (dinars) due to ineffecient replacement methods

Posted by on Oct 28, 2013 | Leave a Comment

Central Bank attributed the presence of the scarcity of good in paper currencies to the weakness of “mechanism” to receive damaged 11/10/2013 19:28 He attributed the Central Bank of Iraq, said Thursday there is scarcity in Banknotes good with small category in the markets to the weakness in the mechanism of receiving damaged, and pointed out that “careful” not to treat citizens or markets currencies damaged,... 

Economist calls on CBI to adopt oil and gas instead of gold and USD currency reserves

Posted by on Oct 28, 2013 | Leave a Comment

Economist calls for the adoption of the oil and gas reserve of the Central Bank economist May 11, 2013, 1:43 pm Economic expert called on behalf of Jamil Antoine, on Saturday, the central bank to adopt oil and gas Kkhozan the reserves instead of gold and the dollar, stressing that the value of oil exports during the year twice all the gold reserves in the country. Said Antoine told him the reporter, “news agency Iraqis,”... 

US Ambassador encourages Iraqis to explore American business ventures at Baghdad International Affair

Posted by on Oct 28, 2013 | Leave a Comment

Counting the U.S. ambassador in Iraq, Robert Beckerov, on Friday, the presence of U.S. companies in the Baghdad International Fair as “evidence of the economic relations strong between the two countries,” and that the show “featuring American companies a manufacturer of aircraft, vehicles and electrical energy, financial services and defense,” and when he announced his pride severe “corporate contributions to... 

Iraq has potential to be influential player in global economy, says Iraqi Deputy Prime Minister

Posted by on Oct 28, 2013 | Leave a Comment

Shaways: The Potential Of Iraq Make It Effective In The Global Economy On October 8, 2013 Brussels: News Network Iraq – Deputy Prime Minister Ruz Nuri Shaways that Iraq has the potential to make it an influential player in the machine civilization, and the global economy. Said Shaways in a speech at the Conference on investment in Iraq, held in the capital of Belgium Brussels, that the great potential that enjoyed by... 

Maliki throws hat in for third term, Heads to Washington DC at end of October

Posted by on Oct 28, 2013 | Leave a Comment

11/10/2013 spare Iraqi Prime Minister Nuri al-Maliki doubt certainty when he announced his intention to explicitly run for a third term as prime minister amid strong opposition from his opponent within the National Alliance Sadrists and the Iraqi List, outside of this alliance. Maliki said in a televised statement on Thursday evening that «if the people wanted and we have the largest parliamentary bloc as a law within... 

Economic Committee Member discusses the benefits of the National Card System

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10-10-2013 11:36 AM Baghdad (newsletter). Member of the Economic Committee described the MP from iraqiya/Nora/albegari, national card system used in the Iraq cultural project that reduces the burden of administrative and routine accumulation during transactions. Said albegari (News Agency): the national card is a management system in place in the countries of the world, proposed by the Ministry of planning to reduce congestion... 

Investment agreements pave the way for Iraq’s accession to the World Trade Organization, says economist

Posted by on Oct 28, 2013 | Leave a Comment

10.10.2013 12:00 AM counting Economists investment agreements and economic signed by Iraq with the countries of the world one of the important steps that pave the way for Iraq’s accession to the World Trade Organization because it is considered a first step towards collective bargaining. Economist and academic, Dr. Acer Yassin said in a statement (morning): The “hold these agreements to the benefit of both sides... 

Parliament proposes borrowing money from CBI reserves to afford the cost of infrastructure projects

Posted by on Oct 28, 2013 | Leave a Comment

10-10-2013 07:07 AM Baghdad (newsletter). Member of the Finance Committee suggested that a Deputy from the Kurdistan blocs Coalition//Jimmy, using cash reserves at the Central Bank instead of resorting to the payment term for companies in the implementation of the projects included in the infrastructure. He is capable of (News Agency): the Central Bank announce from time to time about increasing the cash reserve of... 

Economist: Evolution of economic activity led to fluctuation in inflation rates; Calls for advisory council for guidance toward transforming to free market economy

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Economist: evolution of the economic activity of the country led to a decline in inflation rates 09/10/2013 04:58 PM The economic expert, contrary goldsmith, it is among the factors that led to the low rate of inflation is the evolution of economic activity in Iraq, and the presence of regional and international confidence in Astaqrarath. The jeweler said (of the Agency news): The large number of investment projects... 

Economist: Capital Market disability is a threat to the path of economic development in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

Posted 08/10/2013 05:52 PM economic expert called gentle Abdul Salem Okkaily, the need to encourage investment and transfer of state-owned companies to convertible contribution to the support and development of the Iraqi market for securities. Ugaili said in an analytical study prepared (of the Agency news): Iraq depends on a mission to provide most of theneeds of daily commodities and goods on the markets of the... 

Finance Committee: Local banks still lag behind the international banking standards in techniques and developments

Posted by on Oct 28, 2013 | Leave a Comment

10-10-2013 10:29 AM Baghdad (newsletter). The parliamentary Finance Committee noted the existence of technical and administrative problems have prevented the development of the banking sector in the country, saying that local banks are still lags behind the world in terms of techniques and developments. The Vice-Chairman of the Committee, said attorney Ahmed Faizullah (News Agency): local banks still follow the old traditional... 

Maliki: Iraqis of all religions, sects and nationalities are equal before the law

Posted by on Oct 28, 2013 | Leave a Comment

Prime Minister Nuri al-Maliki, said Iraqis of all religions, sects and nationalities are equal before the law, calling on the clergy to take the leading role in strengthening national unity among all the sons of the Iraqi people. Maliki said in a statement issued on the sidelines of a meeting with the President of the Chaldean Church, Patriarch Louis Raphael first Sacco, and seen “Alsumaria News”, he said “the face... 

CBI Governor (interim) participates in IMF / World Bank meetings in Washington DC

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09/10/2013 16:44:00 Head of the Iraqi Central Bank Governor by interim Abdul Basit Turki headed Iraqi delegation to attend the annual meetings of the International Monetary Fund in Washington. The central bank said in a press statement that ” Turki heads the delegation which arrived to the U.S. capital of Washington to attend the annual meetings of the International Monetary Fund ( IMF ) and the World Bank as... 

In effort to prepare for market economy: National card will be an electronic database to document all Iraqis and visitors; Transition from paper transaction to digital/computerized

Posted by on Oct 28, 2013 | Leave a Comment

Digitization of information to facilitate procedures for the transition to a market economy 10/09/2013 12:00 AM longer handle the systems and electronic transition from recording the information on paper to digitized in the computer of the important factors that achieve viability within the projects of economic development as it facilitates the procedures for the transition to a market economy and attracting foreign investment. In... 

There needs to be extensive discussions before approval of Economic Reform Act, says D. Raed Fahmi

Posted by on Oct 28, 2013 | Leave a Comment

10/09/2013 12:00 AM Collect economists on the importance of the enactment of the special economic reform for its importance in removing bugs and deformation in the structure of the Iraqi economy and monounsaturated rentier and update mechanisms and systems controlling it. This comes at a time of the oldest in which the Council of Ministers to approve the bill for economic reform has been submitted to the House of Representatives... 

Iraq has enormous amounts of oil

Posted by on Oct 28, 2013 | Leave a Comment

10/09/2013 12:00 AM BAGHDAD – morning adviser said the Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini that define the role of any other country Geo strategically based on available resources and comparative advantages of the country as well as its location within the circle of regional surrounding it. said Husseini told the (morning) that, according to geological studies of modern van Iraq has 530 geological... 

Iraq Ministry of Planning: Plan to eliminate unemployment

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0 Likes Font Size: 09/10/2013 10:53 Tomorrow Press / Baghdad: The Ministry of Planning, Wednesday, develop a plan to eliminate unemployment, and as pointed out that the unemployment rate in Iraq reached 12%, pointed out that the volume of investment in Iraq’s 417 trillion. He said ministry spokesman Abdul Zahra al-Hindawi for “tomorrow’s Press,” “The ministry has developed a plan to eliminate unemployment within... 

Economic sources: Mysterious, exciting relationship in the currency market between Bank of Huda & CBI

Posted by on Oct 28, 2013 | Leave a Comment

BAGHDAD – Iraq Press -7 October / October: Informed sources revealed at the CBI for what it called a suspicious relationship between (h.) Of His guidance Commercial Bank on the one hand and the Central Bank and the Commission auction in which on the other hand. “ The correspondent / Iraq Press / economic sources as saying that “the Bank of Huda announced, last Thursday for open أبوب bank until 8 pm to take over... 

Specialists: Iraq’s economy strong; Will not be affected by the new financial crisis

Posted by on Oct 28, 2013 | Leave a Comment

10/08/2013 12:00 AM Receded in the vicinity of America and its effects may affect the world with the entry of the U.S. economic crisis new due to a failure to approve its budget, similar to the crisis of 2008, despite the different reasons, assured specialists and experts citizens that the Iraqi economy is solid and will not be affected by this crisis. Chairman of the Securities Commission, Dr. Abdul Razzaq al-Saadi said... 

Maliki to visit Washington DC at end of October

Posted by on Oct 28, 2013 | Leave a Comment

Baldawi: Maliki receives 2 invitiations by Obama to visit Washington Added by Ahmed Hussein on October 8, 2013. maliki receives invitiations by obama to visit washington Baldawi: Maliki receives 2 invitiations by Obama to visit Washington Baghdad (IraqiNews.com) MP, Mufeed al-Baldawi, of the State of Law Coalition announced that the Premier, Nouri al-Maliki, recived two invitiations by theUS President,... 

Bankers: Isolating the banking sector by the CBI procedure and would disrupt the work of banks in the domestic market

Posted by on Oct 28, 2013 | Leave a Comment

Reports 08-10-2013 10:07 AM Despite the appeal to some members of the Finance Committee and parliamentary bodies the country’s economic isolation of the banking sector by the Central Bank through the enactment of a special allow the establishment of a supreme body an independent banking sector in the country, so that the central bank full-time work to support and stabilize the exchange rate of the dinar against the... 

Economist: money market hampered the Iraqi threat to the country’s economic development path

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08-10-2013 11:34 AM Baghdad (newsletter). The Economist called cute Abdul Salem Al-uqaili, the need to promote investment and transfer of Government convertible to contribution to the support and development of Iraq market for securities. He said Al-uqaili in analytical study (News Agency): that Iraq is on a mission to provide most of the daily needs of goods and commodities markets around the world, the import process... 

Member of the parliamentary economy: linking local banks with a unified communication network would create an investment environment and development in the country

Posted by on Oct 28, 2013 | Leave a Comment

08-10-2013 10:01 AM Baghdad (newsletter). He called the economy and Investment Committee member MP/Abdul Al-Abbas sheyaa, the Central Bank to speed up the implementation of the project of linking the local banks with a unified communications network to facilitate financial transactions and to create environment for investment and development in the country. Said sheyaa (News Agency): the planned Central Bank and link... 

World Bank calls on Iraq to provide equitable distribution of wealth in the country, Improve economy

Posted by on Oct 28, 2013 | Leave a Comment

10/04/2013 A survey conducted by the Iraqi Ministry of Planning for a significant increase in the proportion of school drop-out, in parallel with recording a marked improvement in the living conditions of citizens, compared with the 2007 indicators. At the same time detect and Deputy Minister of Planning Dr. Mahdi Keywords for the high proportion of chronically ill patients to 12% of the total population, is also believed... 

CBI responds to Gazette article on its delays implementing banking integration systems

Posted by on Oct 28, 2013 | Leave a Comment

Re the Central Bank and to clarify the Gazette 10/07/2013 12:00 AM announced the CBI that the project divided the national will play a major role in the development and recovery of the economy in Iraq, where it will provide new business opportunities on the one hand and to attract foreign investors, on the other hand. The bank said in a response about what was published by the morning in the number 2918 on 15/9 / 2013... 

Note: House of Representatives sets election day as April 30, 2014

Posted by on Oct 28, 2013 | Leave a Comment

07/10/2013 15:24:00 Baghdad / NINA /– House of Representatives decided to agree on the date the thirtieth of April of the next year as the date for parliamentary elections.  Read More →

Parliament fails to adopt election law; Try again after Eid holiday on Oct 22nd

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Monday, 07 October 2013 16:17 Baghdad (AIN) –The Iraqi Parliament failed to endorse the elections law draft and decided to postpone voting on this law draft till the end of Eid vacation. Parliamentary source reported to AIN “The Parliament failed once again in voting on the elections law draft since theblocs did not reach an agreement on some items of the law draft,” noting that “The Parliament decided to postpone... 

Murder rate in Chicago higher than Basra, Iraq; Despite risk Financial Times reports Iraq is an investment opportunity

Posted by on Oct 28, 2013 | Leave a Comment

Financial Times: The murder rate in Chicago is higher than Basra, Iraq despite being a war zone, but it attracts investors Confirmed the prestigious British newspaper, in a report on Sunday that Iraq, despite the deterioration of the conditions of security, but it still represents a golden opportunity for investors in the world, indicating that a little bit of risk can generate huge funds in Iraq. As revealed about the... 

Deletion of Zeros postponed until 2014, But politician says it could be 2015 if delays continue

Posted by on Oct 28, 2013 | Leave a Comment

Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015 Ali الضرغام – 10/06/2013 Confirmed for the economy and investment committee that parliamentary raise zeros from the dinar improves its value, expected completion of this matter in 2015. A member of the Committee, MP Hassan Salman Wahab in a press statement on Sunday that “raise zeros from the dinar raises its value through the... 

Politicians, experts share views over deletion of zeros as it is expected in 2014; Fears it will disrupt stock market

Posted by on Oct 28, 2013 | Leave a Comment

Created on Sunday, 06 October 1 / Okrudolf 2013 13:39 CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may prevail Iraqi market... 

Member of Finance Committee: Right time to activate the tariff law to support the local product

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Called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, to the necessity of activating the customs tariff law after giving a considerable period to rehabilitate the customs offices in the Iraqi border, in order to support the national product. Yasiri said in a press statement, said Sunday, “that there is an imbalance in the tax legislation of the country, because he can not be a country like Iraq imported... 

Politicians could extend current session if there is failure to pass election law; Election law has 85% approval rating

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Iraq does not rule out extending the work of the parliament and confirm: blocs agreed by the 85% to pass the election law 6/10/2013 1 Confirmed the Iraqi List, on Sunday, that the political blocs could “extend the work of the current parliament” for a specific time period in case of failure to vote on the election law, as shown that the blocs agreed by 85% to pass the law, pointed out that tomorrow’s meeting could... 

Iraq Ministry Planning plans reduce unemployment to 6% over five years; Report on unemployment rate in Iraq expected soon

Posted by on Oct 28, 2013 | Leave a Comment

The Ministry of Planning and Development Cooperation, on Sunday, it will issue a detailed report on the unemployment rate in Iraq based on surveys conducted by the teams. He said the ministry spokesman Abdul Zahra al-Hindawi told a news briefing on Sunday, “said the ministry and through surveys conducted in all provinces will be released end of this year a report on the proportions unemployment and Mqarnha with unemployment... 

Expert: high rate of inflation leads to weak purchasing power of the Iraqi dinar

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05-10-2013 11:29 AM Baghdad (news) .. Expert stressed financial affairs Majid picture, that in the event weakened the purchasing power of the Iraqi dinar means that the existence of inflation offset by a rise in prices, which greatly affects the economic stability of the Iraqi dinar. said Suri (of the Agency news): The economic stability means the stability of the exchange rate inside and abroad, noting that any weakness... 

Economic Committee Member: Implemenation of investment law will ensure success

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Deputy: Credibility in the implementation of economic laws one of the reasons for the success of investment A member of the Economic Committee MP / Kurdistan Alliance / Mahma Khalil, said that security and stability and credibility in the implementation of economic laws led to the success of investment in Kurdistan. Khalil said: that of success factors for investment in the world is security and stability and the application... 

Iraq should support the private banking sector; more advanced and has developed international relations says Director of the Association of Banks

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Banker: private banks evolved considerably and now has external relations with international banks 03-10-2013 10:57 AM Baghdad (news) .. Invited the Executive Director of the Association of private banks Abdul Aziz Hassoun, the need to support the private banking sector through a deal with him and increase public confidence in him, pointing out that the private banks have evolved a lot and now has the external relations... 

IMF Director warns of the repercussions if US fails to raise debt ceiling, prolonged Arab Spring

Posted by on Oct 28, 2013 | Leave a Comment

IMF: the transformation of the Arab Spring is the hardest and longest worldwide Published on Friday, 04 October 1 / Okrudolf 2013 13:43 International Monetary Fund warned on Thursday, the repercussions of the Arab Spring on the global economy, expressing fears of continuing it for a longer period. The Director of the International Monetary Fund (IMF) Crecyt Lagarde, in a statement quoted by Reuters news agency, said that... 

Maliki Calls To Stimulate The Private Sector

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On October 3, 2013 in the economic BAGHDAD / News Network Iraq – Prime Minister Nuri al-Maliki to revitalize the role of the private sector, and said that the state does not rise without the participation of the private sector, hello a greater role for the sector in various areas of work and investment, particularly in the field of electricity, oil and agriculture. Stressed when Astkablh today a number of businessmen... 

Parliament slated to vote on the election law Thursday

Posted by on Oct 28, 2013 | Leave a Comment

UPDATE: Parliament postponed this vote until Monday October 7th   10/03/2013 12:00 AM Passed a law ended the second reading of the draft laws BAGHDAD – morning for the House of Representatives once again vote on the election law, the House of Representatives to the meeting on Thursday following a request of the Legal Committee in order to complete the drafting of some of the paragraphs of the law, while the... 

Its important for Iraq to be viewed as sovereign with stable monetary policy, adhering to international conventions; says Member of Association of Iraq Private Banks on international rating systems

Posted by on Oct 28, 2013 | Leave a Comment

Assurances of the importance of Iraq’s sovereign rating 03/10/13 12: 00 am Baghdad-Farah pumice Member of the Association of private banks and Director of Ashur sherwan Anwar Mustafa importance of Iraq a sovereign rating. Mustafa said in his (morning): “there are simple mechanisms, ways to get Iraq on this category, including all countries in the world dealing with the international calendar.” He is a member... 

Maliki meets with banking sector officials; Banking industry the key to future development

Posted by on Oct 28, 2013 | Leave a Comment

Rating Banking Conference 10/02/2013 12:00 AM Yasser incumbent government approved that the banking sector is the mainstay wheel and advanced in the footsteps of development and economic progress as a tributary essential to finance projects and investments. This text is adapted from the word secretary-general of the Council of Ministers during a speech opening the conference of the Iraqi banking first on behalf of the... 

Maliki: Transforming to a market economy should start with a change in culture and approach

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Maliki: transforming the economy of Central based on the public sector to a market economy needs to be a change in culture and approach Prime Minister Nuri al-Maliki convert a central Iraqi economy depends on the public sector to a market economy does not need to just laws and regulations, but also needs to change in culture and approach which grew by Iraqis, including officials in the state. Prime Minister Nuri al-Maliki... 

CBI in talks with Western Union to bring services to Iraq

Posted by on Oct 28, 2013 | Leave a Comment

02-10-2013 10:16 AM Baghdad (newsletter).The Central Bank summoned company (Western Union financial services, Inc.) to discuss the company’s work in Iraq. A statement from the Central Bank received (News Agency), a copy of: the Central Bank Governor Abdel Basset Turki Agency held a meeting with the company (Western Union financial services, Inc.) to discuss the company’s future work in Iraq  Read More →

A new Iraqi currency, Soon

Posted by on Oct 28, 2013 | Leave a Comment

he Central Bank seeks to delete the three zeros of the Iraqi currency since 2003. Which raises many concerns on the street level and the business and financial community and economists seem divided between supporters of the project saw an opportunity to reduce the rates of inflation and unemployment and forewarned of economic shocks might prevail in the Iraqi market by implementing this project. The project has been postponed... 

CBI: We started issuing money orders for the banks to reduce the civil currency smuggling

Posted by on Oct 28, 2013 | Leave a Comment

BAGHDAD / News: The Central Bank of Iraq, on Monday, he started a few days ago issued civil transfers to banks in order to reduce currency smuggling, referring to the country’s need for more sophisticated mechanisms for the fight against money laundering. The governor of the Central Bank and Abdul Basit Turki Agency in an exclusive interview with the agency “News” that “the central bank began issuing money orders... 

Parliament postpones adoption of the electoral law to Thursday

Posted by on Oct 28, 2013 | Leave a Comment

10/01/2013 12:00 AM for the House of Representatives once again vote on the election law to the day after tomorrow, Thursday, with extended for a period of one month of the current legislative and voted on the bill and one finished reading the seven laws. comes at a time revealed the Legal Committee of Parliament for the differences on the Law of the election will be decided during the next two days, saying she made a... 

CBI: USD sales escalated and exceeded the 5 and a quarter billion

Posted by on Oct 28, 2013 | Leave a Comment

Tuesday, 01 October 1 / Okrudolf 2013 10:49 In statistical prepared and all of Iraq [where] the auction sale and purchase of foreign currency emerged that the Iraqi central bank sales of the dollar in the past month September sales rose for the month of August with more than $ 700 million. The statistics indicated that the central bank sold at an auction sale of foreign currency during the month of September 5 billion... 

Iraqi economy is expected to grow due to the increase of oil production

Posted by on Oct 28, 2013 | Leave a Comment

Expect MP for the coalition of state law, Ibrahim stirrup growth of the Iraqi economy by increasing oil production and exports. Rikabi said in a press statement on Tuesday that “the economy is one of the important pillars in each country in all fields.” He explained that “our economy passed through several stages, and stops the growth and development at the time of the former regime and the wars and problems that... 

New procedures contribute to higher rates of growth in the Iraqi economy

Posted by on Oct 28, 2013 | Leave a Comment

10/01/2013 12:00 AM Bandar: objectives of the Commission to facilitate the entry of investors BAGHDAD – Farah pumice ذللت National Investment Commission many of the obstacles faced by the investor when he entered Iraq for the purpose of implementation of investment projects in different sectors and, therefore, are important steps to contribute to the support of the local economy. Director General of the single window... 

Zubaidi discusses with U.S. Inspector General last political and financial developments in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

Zubaidi discusses with U.S. Inspector General last political and financial developments in Iraq Search the head of the parliamentary citizen Bayan Jabr with the U.S. Inspector General last political and financial developments in Iraq. A statement by the Office Zubaidi received {Euphrates} copy of it on Tuesday, “the head of the citizen’s parliamentary Bayan Jabr received the Inspector General George Stuart Bowen and... 

The Association of private banks: private banks contributed significantly to reduce the dollar’s exchange rate dinar in local market

Posted by on Oct 28, 2013 | Leave a Comment

30-09-2013 07:19 AM Baghdad (newsletter). The Executive Director of the Association of private banks Abdul Aziz Hassoun, the private banks has helped the Central Bank to cut the dollar exchange rate dinar in local market after its commitment to help the Central Bank to sell hard currency. He said Hassoun (News Agency): community banks applied and all instructions issued by the Central Bank, particularly with regard to... 

Iraqi economy fell by 2.3%

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September 30, 2013 Suggested by the Ministry of Planning’s economic growth dropped by 2.3% from the rate recorded last year to 8.2%. The economists have warned Iraq suffered its economy at risk because of its reliance on revenues of oil alone, and that the continued deterioration of the security to the injury of the economy paralyzed and declining investment, as expressed dealers and retailers, in Baghdad for fear of... 

Iraq’s budget for 2014, the highest in the history of the country

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September 30, 2013 Amounted to a source in the Iraqi Ministry of Finance announced today that his ministry has completed the preparation of the draft budget for the country, and sent it to the government as a prelude to discuss the clauses at a future meeting, and forwarded to the House of Representatives for discussion and approval. He pointed to the size of this budget, which are described above in the history of Iraq... 

Specialists: Legislation and modern technology a necessity for the development of banking

Posted by on Oct 28, 2013 | Leave a Comment

09/30/2013 12:00 AM In order to create a banking sector advanced discuss a number of bankers on the second day of the conference, the Iraqi banking the first ways to improve reality of banking, particularly with regard to legislation governing the functioning of commercial banks, Islamic and propose remedies needed to address the determinants of development, especially after he expressed his head Minister ready to support... 

Finace Committee Member: the need to engage international experts to combat money laundering

Posted by on Oct 28, 2013 | Leave a Comment

called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, the need to use global organizations and international experts to update the mechanisms used in the process of combating money laundering in the country. He said Yasiri in Tsrihs of the news that is the subject of money laundering and wide and Michaúk and needs international expertise to modernize the organs and mechanisms adopted by the Central Bank... 

Iraq Parliament extends the current legislative term for a month

Posted by on Oct 28, 2013 | Leave a Comment

30/09/2013 – 12:36 Alsumaria News / Baghdad MP for the National Bloc white Kazem al-Shammari, Monday, the House of Representatives extended legislative term the current month, as pointed out that if the arrival of budget 2014 to the Parliament will be in permanent session until the vote. Shammari said in an interview ” Alsumaria News “,” The House of Representatives extended legislative term current for a month,... 

Iraq participates in World Bank meetings in Turkey

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30/09/2013 15:18 Tomorrow Press / Baghdad: chaired the Minister of Construction and Housing Mohammad Darraji, on Monday, the delegation of the ministry participating in the meetings of the projects the World Bank in Turkey, indicating that there is a joint cooperation between the Ministry and the World Bank. said Darraji in a statement received “tomorrow’s Press,” “The meetings which was held with representatives... 

Iraq’s currency reserves and what it means for the life of the citizen; Stability and an increase in exchange rate

Posted by on Oct 28, 2013 | Leave a Comment

28/09/2013 The Central Bank of Iraq, as in other countries of the world, the management of the national currency and maintain the value and size of rolling them. The central bank also oversees the commercial banking system. Unlike the Commercial Bank, the central bank has a monopoly to increase the money supply in the country or be reduced, which is that prints paper currency and metal coin. The central bank controls... 

The Central Bank report discusses Arab Monetary Fund

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said the Iraqi Central Bank, on Sunday, to discuss the report of the Arab Monetary Fund, noting that it came within the work session usual 37 Board of Governors of the central banks and monetary institutions Arabic. , the bank said in a statement issued today, and received “Alsumaria News”, a copy him to “Bank discussed the report of the Arab Monetary Fund and the draft reports of the Arab Economic consolidated... 

International banks refuse to cooperate with Iraq in the recovering smuggled IQD; U.S court ruling needed

Posted by on Oct 28, 2013 | Leave a Comment

Integrity Commission revealed the presentation made by international companies to recover Mawal smuggled from Iraq in return for up to 10% of the amount recovered. While confirming that international banks refuse to help us in any information about the money that had been developed and deposit account number and not specific names. A member of the Committee Deputy Shaker Darraji that “Iraq is suffering from the... 

Deputy: Economic reform (Free Market Economy) dragging because lack of activation of important laws

Posted by on Oct 28, 2013 | Leave a Comment

Economic The Deputy returned to delay the activation of economic laws lack the expertise to work 29-09-2013 11:46 AM Baghdad (newsletter). Member of the Economic Committee returned MP for//almerapi, because the activation of economic laws lack sophisticated enough experience to manage a free-market economy. “Almerapi (aakhbaret Agency): failure to activate economic laws as protecting the product and consumer,... 

Economists call for economic reform in the current legislative session

Posted by on Oct 28, 2013 | Leave a Comment

Required to pass a law economic reform 09/29/2013 12:00 AM BAGHDAD – morning called for a specialist to the need to pass the draft law on economic reform during the remaining life of the legislative session parliamentary current, to contribute to the increase and growth of the local economy. economist and consultant in the industry and investment Amer Issa jeweler said in a statement to the (morning): “If proceeded... 

Economic specialists emphasize the need for economic legislation to Iraqi politicians; Laws will support the local economy and encourage investment

Posted by on Oct 28, 2013 | Leave a Comment

09/29/2013 12:00 AM BAGHDAD – Farah pumice increased calls for specialists to points of the legislative and executive branches need to activate the legislation of laws that support the local economy and encourage investment in several areas, as well as laws that safeguard the process of free competition in the fields of trade, industry and agriculture. economic expert, Dr. Majid picture he felt “there is no understanding... 

Iraq’s 2014 Budget sent to the Minister for approval

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September 29, 2013 Parliamentary Finance Committee revealed that the draft budget for 2014 sent from the Ministry of Finance to the General Secretariat of the Council of Ministers reached 174 trillion and 649 billion dinars, pointing out that the budget included an increase from the previous one in 2013 by more than 36 trillion dinars. Draft budget for 2014 allocated $ 15 trillion and 910 billion dinars, local and international... 

Iraq played a role in the American-Iranian rapprochement

Posted by on Oct 28, 2013 | Leave a Comment

09.29.2013 Said an adviser to Prime Minister Nuri al-Maliki that Iraq played a significant role in the convergence of views between the United States and Iran, noting that the dial between President Barack Obama and Iranian President Hassan Rohani will be the start of a positive in enhancing security in the Middle East region, and expressed Iraq’s readiness to provide more initiatives to support the rapprochement between... 

New York Times: USD is in danger while the Chinese currency excels in Asia

Posted by on Oct 28, 2013 | Leave a Comment

Some nervous manipulation of the status of the dollar as a reserve currency because of the economic decisions of Congress and the political. BAGHDAD / Obelisk: A report published by the newspaper “New York Times”, the U.S. holding period of time until the year 2012, saw the value of the U.S. currency fell in the world’s reserves of 70.5 per cent to 63.1 per cent. The report said that “U.S. policy is now in worse... 

Iraqi Finance Committee works with World Bank toward solving Iraqs economic issues

Posted by on Oct 28, 2013 | Leave a Comment

Finance parliamentary looking with representative of the World Bank mission a number of issues related to the Iraqi economy Saturday, September 28 / September 2013 15:06 Parliamentary Finance Committee considered with Mary Helen represented the World Bank mission in Iraq, a number of issues related to the Iraqi economy and its importance in absorbing and creating jobs. According to a statement of the Commission has received... 

USD exchange rate will remain conservative until year end; U.S. Fed Reserve will not taper quantitative easing

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28/09/2013 Dollar exchange rate will remain conservative at the same level until the end of the year BAGHDAD / JD / .. economic analyst predicted the survival of the U.S. dollar exchange rate stability for conservative until the end of the current year, while stressing that the exchange rates of the dollar in Iraq depends on the internal situation due to the massive oil and pump increase salaries prices. Saif al-Ghanimi... 

Economists calls for Iraq’s crude oil to be sold in IQD, step toward globally recognized IQD; CBI disagrees

Posted by on Oct 28, 2013 | Leave a Comment

Sale of crude oil in local currency 09/25/2013 12:00 AM said researcher economic state fair: that of Iraq to sell crude oil in local currency depends on the stability of the general situation of the country as well as the stability of the dinar exchange rate and recorded as currency global. said in a statement (morning) that the moment is appropriate to take such a step because stability currency linked to the stability... 

Maliki calls to review laws that hinder progress of private banks; Says private and government banks should coordinate efforts

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Maliki calls for review of laws “hinder the work of private banks” and calling on the government to bank balance Author: HH, HUA Range Press / Baghdad Called Iraqi Prime Minister Nuri al-Maliki on Saturday, reviewing legislation and laws that hinder the work of private banks, “calling on the central bank to” coordination between private banks and government “, while stressing bank on the need to” support... 

Kuwait newspaper reports Maliki cancels trip to New York after Obama refused to meet with the PM

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Kuwaiti newspaper: Obama refused to meet with al-Maliki in Washington for the discomfort of his administration and the dimensions of the impression his support in elections Saturday, September 28 / September 2013 10:59 Kuwaiti newspaper revealed a source familiar with administration rejected a request to Iraqi Prime Minister Nuri al-Maliki to meet with U.S. President Barack Obama on the sidelines of the General Assembly... 

Expert: Rising inflation in Iraq was acceptable compared to the conditions

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8-09-2013 10:28 AM Baghdad (newsletter). The Economist described Majid mock, inflation to acceptable security conditions and political and economic Iraq. Mock said (News Agency): there are many factors leading to the uniforms of the inflation and high wages, prices of consumer goods and durables, but the height is high normal and acceptable. He added: the lack of a rational management of money and economic development... 

Ministry of Planning: Iraq’s inflation stable at 2.5%

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Central Bureau of Statistics, yesterday, for the stability of the annual inflation rates in Iraq over the past three years at a rate of 2.5 percent, attributing this to the performance of key institutions, including the central bank and monetary policy, which it supports. The director of the Central Bureau of Statistics and Information Technology, Deputy Minister of Planning and Development Cooperation, Mahdi Keywords,... 

Finance Committee member: Stability of the dinar exchange rate will stimulate the country’s economic movement

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24-09-2013 10:33 AM Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the Central Bank takes measures and controls to support the stability of the dinar against the dollar. Najib said (News Agency): that the Central Bank intended to make Iraqi dinar rather stable against the dollar, especially in this difficult period, indicating that the measures taken... 

Expert: States neighbouring Iraq collapsed economically and are responsible for the spread of counterfeit currency

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25-09-2013 10:37 AM Baghdad (newsletter). The Economist accused Habib Al-gully, the States surrounding Iraq and collapsing economically, of trying to sabotage the Iraqi economy by counterfeiting and pull the dollar out of the Iraqi market. He said Al-Goli (News Agency): the cases of counterfeit currency impact directly on the Iraqi economy, and must be eliminated as the largest form of corruption. He added: the money... 

Economists: assert that the gross domestic product (GDP) growth depends on the revitalization of the various sectors

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Economists attributed the growth of gross domestic product (GDP) in Iraq to the oil activity and of increasing its imports, as well as the contribution of the commercial sector. This comes at a time when announced the Ministry of Planning in late August that the rate of growth of the Iraqi economy is about 9 percent during the current year. Economic expert, Dr. Majid picture said in a statement (morning): “The growth... 

Maliki to visit White House: Countdown began for post-Maliki era; Has the countdown began to replace Nouri al-Maliki?

Posted by on Oct 28, 2013 | Leave a Comment

27/09/2013 11:14 Gather indicators pointing to intersections US-Iran formed key factor in assigning power to the current Prime Minister Nuri al-Maliki three years ago, fell سقوطا full, and at a distance of a few months of elections in 2014 parliamentary elections, everything indicates that the accounts after the battle does not look like what came before. Recent evidence of this fact can touch of Nuri al-Maliki himself,... 

Vice requiring the government to pressure on the House of Representatives for the enactment of the oil and gas

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09/26/2013 16:40:002 The member of the Commission on oil and energy MP Qassem Mohammad, on Thursday, the political parties to expedite the adoption of the law of oil and gas, and criticized the remarks Shahristani recently, confirming that it does not serve the relationship, but complexity of the problems, and pointed to the existence of 3 positive points in favor of the Kurdistan Region in the oil sector. said Rep. Mohammed... 

Economist calls for speedy vote on economic reform; Council to reform national income so not to rely on oil

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Expert: establishment of the Council of economic reform the national income rather than relying on oil 26-09-2013 11:32 AM Baghdad (news) .. Called an expert in economic development Amer jeweler, the House of Representatives to speed up the vote on the draft law of economic reform and the establishment of the Council of economic reform as soon as before the end of the current parliamentary session, of their importance... 

Specialists promised to launch new banking strategy

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26/9/13 12: 00 am Assurances of the importance of banking partnership between the public and private sectors The banking sector is heading towards the diagnosis of the most important challenges that confuse the reality of development banking in the country, stressing the importance of money banking cooperation experts between the public and private sectors to reach the ideal working environment for all economic sectors. President... 

Experts: Iraq’s accession to the World Trade Organization will limit the economic situation of isolation

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September 25, 2013 Promised the Economic Committee in the Iraqi Council of Representatives, yesterday, Iraq’s accession to the World Trade Organization “Troydha of the Iraqi economy weak”, and stressed the need for the government to “create a suitable investment environment and reforming tax laws and fees,” As an economist stressed that Iraq’s accession to the organization “will open global markets for the... 

Iraq House of Representatives held its the (21) day reading law on Iraq’s accession to the Hague Convention

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The news agency here south / Haider Yacoubi Iraqi Council of Representatives held today, Thursday, its the (21) for a first reading of the draft law of the Republic of Iraq’s accession to the Hague Convention on the Civil Aspects of International Child Abduction. (Foreign Relations Committee, the Legal Committee, the Committee on Women, Family and Children). Agenda of the meeting (21) Thursday (26) September 2013 First:... 

UN welcomes the positions of Iraq to solve its problems with Kuwait

Posted by on Oct 28, 2013 | Leave a Comment

welcomed U.S. Vice President Joseph Biden, U.S., on Thursday, the positions of Iraq in strengthening its relationship with neighboring countries, especially with Kuwait and address their problems. This came during a meeting with Iraqi Foreign Minister Hoshyar Zebari and Deputy Prime Minister Khudair Alkhozai. The Foreign Ministry said in a statement obtained “obelisk”, a copy of that “During the meeting, they discussed... 

HH Amir representative lauds Iraq for fulfilling commitments

Posted by on Oct 28, 2013 | Leave a Comment

25/09/2013 | 10:21 PM | Kuwait News NEW YORK, Sept 25 (KUNA) — His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah on Wednesday applauded Iraq for its efforts to cement the bilateral ties and meet its obligations towards Kuwait under the relevant UN Security Council (UNSC) resolutions. Addressing the 68th UN General Assembly session on behalf of HH the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber... 

Iraq Finance Committee demands CBI print small classes of new currency; CBI to print new, small categories in near future

Posted by on Oct 28, 2013 | Leave a Comment

Financial representative demanding the Central Bank printed new currency with small groups to create a balance in the market Baghdad/file News: the parliamentary Finance Committee, demanded on Tuesday, the Central Bank printed new currency with small groups to create a balance of the quantity in the Iraqi market. Committee member, said Haitham Al-jubouri said in an interview with the news agency “that” the... 

CBI unveils measures to stabilize IQD

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The Central Bank Unveils measures to cover the national currency against the dollar and asserts: you can’t defeat the Iraqi dinar He said the Central Bank Governor said Abdel Basset Turki told the (range Alpers), “the Central Bank intended to make Iraqi dinar rather stable against the dollar, especially in this difficult period,” the Central Bank has taken specific actions to cover the value of the Iraqi dinar.... 

Iraq’s high cash/gold reserves enhances value of IQD

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Bankers: high cash reserve enhances the value of the dinar 09/25/2013 12:00 AM confirmed experts and specialists, bankers high cash reserves of the Central Bank is a cover of the Iraqi dinar, enhances the value and gives the amount supreme confidence in the Iraqi market by local investors or foreigners. comes a day after the Central Bank and the arrival of reserves of foreign currency and gold about $ 80 billion, expected... 

Iraq participates in the opening session of the {68} of the General Assembly of the United Nations

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{Baghdad: Euphrates News} posted a high-level Iraqi delegation headed by Vice President Khodair al discussions of the General Assembly of the United Nations at its fifty {68} in the presence of heads of state and government and foreign ministers of the member states of the United Nations. A statement by the Information Office of the Ministry of Foreign Affairs received by the agency {Euphrates News} copy of it on Wednesday... 

Iraq and Kuwait officials have discussions at UN meeting in New York

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25/9/2013 Met with Mr. Vice President, Dr. Khodair al and Foreign Minister Hoshyar Zebari, the Prime Minister of Kuwait, His Royal Highness Prince Sheikh Sabah Al-Ahmad Al-Sabah and Foreign Minister Sheikh Sabah Khaled Al-Sabah on the sidelines of meetings of the sixty-eighth session of the General Assembly on 24.09.2013, and During the meeting, brotherly relations between the two countries in the light of the withdrawal... 

Iraqi PM calls for development of ties with Kuwait

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BAGHDAD, Sept 22 (KUNA) — Iraqi Prime Minister Nouri Al-Maliki called on Sunday for the development of bilateral relations and cooperation with the State of Kuwait. Al-Maliki, in a statement after receiving Kuwait’s Ambassador in Baghdad Ali Al-Mumen on occasion of ending his tenure, emphasized “importance of the development of relations between Iraq and Kuwait in all domains, and need of continuing cooperation... 

CBI: Gold and Currency Reserves Reach $80 Billion

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Central bank: the increase in oil prices raised our reserves of foreign currencies and gold to $ 80 billion 09/22/2013 19:24 Range Press / Baghdad Iraqi Central Bank revealed on Sunday, the arrival of foreign currency reserves and gold to about $ 80 billion, while attributed to an increase in global oil prices, the reserve expected to increase over the coming months. The central bank governor said the agency, Abdul... 

Economic Committee: We are working on the passage of the economic reform law

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BAGHDAD / News: confirmed the parliamentary economic committee, on Monday, it was working on the passage of the economic reform law, which will serve to diversify Iraq’s national income, rather than relying only on oil revenues will also support the Iraqi economy in general. A member of the Committee MP Mahma Khalil in an exclusive interview with the agency “News” that “the process of ratification of the economic... 

Experts: Iraq’s accession to WTO will limit the economic situation of isolation

Posted by on Oct 28, 2013 | Leave a Comment

Promised the Economic Committee in the Iraqi Parliament, yesterday, Iraq’s accession to the World Trade Organization “Troydha of the Iraqi economy weak”, and stressed the need for the government “to create an environment suitable investment and reform tax laws and fees,” as he emphasized the economic expert that Iraq’s accession to the organization “will open global markets for the country, “calling to... 

Finance Committee Member: Iraq is an inhospitable environment for investment due to absence of security stability and supportive laws

Posted by on Oct 28, 2013 | Leave a Comment

24-09-2013 07:35 AM Baghdad (newsletter). He is a member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is capable, from the continued deterioration of the security situation in the country because it will affect the work of the few foreign companies that operate in the country. He is capable (for the news agency news): global companies typically look for two things for the purpose of investment... 

Stability of the dinar exchange rate will stimulate the country’s economic movement, says member of the Finance Committee

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24-09-2013 10:33 AM Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the Central Bank takes measures and controls to support the stability of the dinar against the dollar. Najib said (News Agency): the Central Bank intends to make Iraq a stable Wi somewhat against the dollar, especially in this difficult period, indicating that the measures taken by the... 

Academy: Iraq’s old economic laws hinder investment

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24/09/2013 12:00 AM saw the academic economic Dr Majid Baidhani that economic laws old, which is still in force until now limit the activity of the private sector and impede the investment process. said in a statement (morning) that the private banking sector, for example, has the desire to enter into the process of economic development, but the Article 28 of the Banking Act represents the main obstacle to private banks... 

Iraqi banks should be given greater freedom to trade currency; Let market determine IQD value says Securties Commission Chief

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Al-Saadi urges to give banks greater trading currency 23/9/13 12: 00 am Baghdad-Farah pumice The view of the Chairman of the Securities Commission, Dr. Abdul-Razzaq Al-Saadi, the Iraqi dinar will not be affected by regional events. Al-Saadi said in the SMC (morning): “the dinar exchange rate specified by a market economy, it is determined by the supply and demand for currency, regional events, particularly in the region does... 

WTO Training Session in Brazil: Iraq, Brazil discuss Iraq’s efforts to become full member of the WTO (3 articles)

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Iraq and Brazil discuss Iraq’s accession to the World Trade Organization And discussed with the Iraqi Ministry of Commerce and the Brazilian Ministry of Foreign Affairs efforts made by Iraq in its quest to join the World Trade Organization (WTO) for having a full membership. A statement from the Office of Media Department of Commerce received the (Euphrates) a copy of today that “the Director General of the Department... 

Finance Committee: Speed ​​damaged Currency with small groups behind the scarcity in the domestic market

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11:51 09/22/2013 The parliamentary finance committee attributed the reasons for the scarcity of the currency with small groups in the local market to speed damaged, prompt the central bank to print new ones and pull the damaged them to create a balance amount of categories in the Iraqi market. Deputy Chairman of the Committee MP Ahmed Hassan in a press statement that most of the citizens and owners of shops and buses... 

Next week: Start activating the social peace document

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09/22/2013 12:00 AM Formation of a committee «follow-up and implementation» headed Alkhozai testify next week, the first steps to implement the initiative of the social ladder through the formation of a higher committee headed by Vice President Khodair al and the membership of representatives of the political blocs all. scheduled to begin the development of the steps complementary initiative to launch the application,... 

Association of private banks: First Banking Conference in Iraq

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09/22/2013 12:00 AM Yasser incumbent prepares Association of private banks in Iraq to hold its first conference at a time when banks resulted in unprecedented by some who does not understands something Yalsiesten fiscal and monetary but he picked up a foul here or there Fastglha to highlight his talents on the air without regard for what caused these statements of abuse the reputation of banks internationally and delayed... 

U.S. embassy in Iraq condemns the bombing of Sadr City and reaffirms its support for the government in the fight against terrorism

Posted by on Oct 28, 2013 | Leave a Comment

The United States Embassy condemned strongly in Iraq suicide attack, which targeted the Council solace in Baghdad yesterday, and which resulted in the killing and wounding nearly 380 civilians. A statement issued today received the (Euphrates), that “the U.S. Embassy as advancing our sincere condolences to the families of the victims who died as a result of this cowardly attack, confirms its continued support of the... 

Finance Committee: CBI to pump small class dinars (250,500,1000) into markets

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Finance Committee: rapid damage of small groups dinars behind either in the domestic market 21-09-2013 10:40 AM Baghdad (newsletter). The parliamentary Finance Committee attributed the reasons for the dearth (scarcity) of small groups in dinars, [in] the local market [due] to perishability, prompting the Central Bank to print new currency and drag the damaged ones to balance the quantity of categories in the Iraqi market. The... 

Maliki: Iraq among the top ten countries in the world that possess great wealth and able to construction and development

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21-09-2013 02:40 PM Baghdad (news) .. Was opened by Prime Minister Nuri al-Maliki field Garraf oil port by the consortium Petronas Karigala and Japex rate of production (50) thousand barrels per day. Maliki said in a speech opening ceremony in a statement his office has received the Agency (news) copy of it: we celebrate the opening of this project is to give the letters The first of the inside that we were able invest... 

Iraq: Private banks, government appeals to lift restrictions on its activities

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21/09/2013 Iraq has since more than ten years a the arms folded market economy countries Page economy Alawamra and bureaucratic central planning in the years preceding the change in 2003, or so it is on paper. But the reality tells another story. The state is still the largest employer in Iraq, with her strategic sectors such as the oil industry and mineral resources, electricity and railways. Despite allowing the private... 

Allawi refuses to accept any position at the expense of the interests of the Iraqi people.

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21/09/2013 15:58:00 Baghdad/ NINA /–Head of Iraqiya Slate rejected Iyad Allawi rejected to accept any government position at the expense of the interests of the Iraqi people. Allawi said in his page on the social network site / FB / : ” I had earlier quite easily, and rejected acceptance of any function at the expense of the interests of the Iraqi people  Read More →

Specialist: economic reform act will support Iraqi economy

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21-09-2013 01:01 PM Baghdad (newsletter). Competent in Economic Affairs, said Bassem Jamil, that economic reform will serve to diversify national income rather than relying on oil revenues and boost the Iraqi economy. Beautifully (News Agency): economic reform law will eliminate non-productive projects stalled and the privatization of some of them and make them productive as tourism, agriculture, industry and others. He... 

After More Than 11 Years, Iraq’s New Leaders Sign Up To The Charter Of The “Honor”

Posted by on Oct 28, 2013 | Leave a Comment

On September 19, 2013 in the political BAGHDAD / News Network Iraq – and signed a three presidencies and the Iraqi political forces, Home, on Thursday, a document of “honor” on the sidelines of the National Conference of social peace, which provides solutions to the crises plaguing the country today.   Sources: The three presidencies and signed a document of honor represented by Vice President Khodair al and... 

UN on Honor Document: Supports all initiatives aimed to consolidate civil peace in the country

Posted by on Oct 28, 2013 | Leave a Comment

Deputy Secretary-General of the United Nations in Iraq confirms that the document honor success depends on the commitment of the blocks with all its provisions BAGHDAD / obelisk: Deputy Representative of the Secretary-General of the United Nations in Iraq, George W. Postensupport of the General Assembly of the United Nations for all initiatives aimed at consolidating the principles of civil peace in Iraq. And pointed... 

Iraq political leaders signed “document of honor” and social peace

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19/09/2013 12:00 am Expectations that emerge from the conference the birth of a national project integrated BAGHDAD – Alaa al-Tai hold the leaders and politicians of the country, today at the Peace Palace in Baghdad, the national conference called by the Vice President Khodair al to sign the instruments of honor and social peace, amid expectations that emerge from the conference positive results lead to move towards... 

Deputy National: National Conference gave a positive public opinion of political unity

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20-09-2013 02:28 PM Baghdad (newsletter). The cluster member ‘ MP//Finch Chen, National Congress and give a positive opinion that solitary political blocs. In a statement, said Chen (News Agency): the recent important and its importance comes amid circumstances affecting the country and the region is mobilizing to ignite sectarian strife and civil war, adding: the National Congress comes to improve the home front through... 

Iraqi five-year plan to diversify the economy

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The Iraqi government announced a five-year plan to diversify the economy away from dependence on oil and the development of the industrial sector. But may be in the case of implementation of the plan ushered in a new phase of recovery from the effects of war and international economic sanctions, which lasted for decades. The recovery was limited since the U.S. invasion in 2003 on higher oil production. Said Hussein al-Shahristani,... 

CBI Governor calls for an oversight committee to monitor actions of the CBI

Posted by on Oct 28, 2013 | Leave a Comment

Turkish criticizes calls for the formation of the central bank monitors Long-Presse / Baghdad criticized the central bank governor and agency Abdul Basit Turki, on Wednesday, calls for the formation of an independent body to monitor the work of the central bank, confirmed that invitations adopted views “failed to pull the bank for tracking and accountability of offenders,” while noting that the bank maintained Iraqi... 

Economic Committee Member: The opening of Iraqi banks in foreign countries will encourage international investment in Iraq

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Almerapi: the opening of branches of banks in foreign countries will encourage international companies to invest in Iraq 20-09-2013 01:39 PM Baghdad (newsletter). Count member of the Economic Committee of the Vice-President/National Alliance Hussein almerapi, a branch of the Rasheed Bank in Romania are promoting mutual trade and financial interests. Said almerapi (News Agency): branches of Government banks in foreign... 

Kurdistan region special election reports 93% of votes have been registered

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Commission: 93% Of Your Vote In The Elections Of The Kurdistan Region On September 20, 2013 in the political Arbil / News Network Iraq – announced the Electoral Commission, on Thursday evening, for recording the highest rate of participation in the special ballot in the Kurdistan region as arrived for more than 93 percent. Was in the Kurdistan region earlier in the day special ballot for the three provinces that elections... 

Economic Committee Member: Iraqi economy needs strategic development

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Deputy: activation code economic development strategic plans needed 20-09-2013 11:43 AM Baghdad (newsletter). Member of the Economic Committee, MP//Ibrahim Al-Rikabi, the law of economic development strategic plans and needs development. Rikabi said (News Agency): the law is an important development for Iraq, especially after the passage of many setbacks that brought economic growth and reconstruction, adding that Iraq... 

Member of Finance Committee: Promote investment to create large industries in the country will promote the growth of the national economy

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Economic 20-09-2013 07:13 AM Baghdad (newsletter). Member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy, to the need to encourage international companies to establish large industries through investment to support local industry and to promote the growth of the national economy. He is capable of (News Agency): that Iraq needed a great strategy and the plants realized by encouraging investment... 

Maliki on National Document of Honor: Iraq has become the scene of the spread of terrorism and should cooperate to find common denominators to eliminate it

Posted by on Oct 28, 2013 | Leave a Comment

Prime Minister Nuri al-Maliki said that “Iraq has become the scene of the spread of terrorism, and should cooperate to find common denominators to eliminate it, noting that” all of us in this meeting and across the three authorities that Aflna national sentiment and the interest of Iraq and to be wary of all that. “ He called on al-Maliki in a speech he delivered at the National Conference of leaders of political... 

CBI Governor meets with French Ambassador

Posted by on Oct 28, 2013 | Leave a Comment

| on 09/19/2013 Search governor of the Central Bank of Iraq, with the French ambassador in Baghdad and economic Alavhlmyh services adviser for the Middle East and the new head of the Department of Economics at the French Embassy, economic and technical issues and opportunities for joint cooperation to serve the Iraqi economy and the banking system. According to a statement from the Iraqi Central Bank received the “integrity”... 

CBI emphasizes the need of modern technologies in Iraqi banks

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09/19/2013 stressed the Iraqi Central Bank, on Thursday, the need to use modern technologies in Iraqi banks, indicating that these technologies will be the main base for work in banks. bank governor said Abdul Basit Turki said in a statement released today, on the sidelines of a meeting with the post affaires new The Japanese Embassy in Baghdad Kanwski ناغاوكا, and received “Alsumaria News”, a copy of it on... 

Finance Committee: Amendments to the work (law) of private banks soon

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09/19/2013 Revealed the Finance Committee in the House of Representatives for an expanded meeting will be held during the next few days to develop a new mechanism serves the work of banks in the country, indicating it is waiting for a bill from the government outlining dealing with the banking system in the future in a manner consistent with the methods adopted in developed countries. A member of the Finance Committee... 

Iraq Financial Secretary: 2014 budget size may reach 130.68 billion dollars

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18-09-2013 06:45 PM Baghdad (newsletter).The Financial Secretary revealed Fazil Nabi said Wednesday that Iraq’s budget target in 2014 would likely total size 174.6 trillion dinars ‘ 130.68 billion dollars ‘ oil rate of $ 90 a barrel with crude exports from 3.4 million barrels a day. The 2013 budget amounted to 138 trillion Iraqi dinars, based on an oil price of $ 90 per barrel, but with the least amount of 2.9 million... 

Security and the economy are two basic pillars for development, says Iraqi National Business Council

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19/09/2013 12:00 am In a seminar Business Council of the Iraqi National Collect experts, parliamentarians and executives on the dialectical relationship and interdependence solid between security and the economy there is no security without economy orderly and stable and the economy without security مستتب this is what they agreed upon at the symposium panel discussion organized by the Business Council of the Iraqi... 

Najafi: I’ll personally to the National Congress to sign a document of honor

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Editor: BS 09/18/2013 14:33 The head of the House of Representatives Osama Najafi, on Wednesday, he will attend “personally” to the National Conference of social peace to sign a document of honor among Iraqi political forces proposed by the Presidency of the Republic, and as pointed out that the conference will give “a new opportunity and a positive message for the Iraqi people.” Osama al-Nujaifi during a press... 

Kuwait contracts with De La Rue to produce polymer currency

Posted by on Oct 28, 2013 | Leave a Comment

Like Canada, Australia .. Britain is moving to adopt the plastic material in the printing of the pound Kuwait is preparing to convert its currency to the papers “plastic” Economy | 17-9-2013 Treasures Media Kuwait is preparing to convert its currency to the papers “plastic” polymer material, which is resistant to heat, humidity and dust, according to the British newspaper The Financial Times. Kuwait will be among... 

Maliki’s to visit US; Meeting with Pres. Obama end of September

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Maliki summit Obama looking armament and the Syrian crisis 18/09/2013 12:00 AM A political source: The Prime Minister will call for international cooperation to combat terrorism BAGHDAD – morning topping files armament and the Syrian crisis talks Prime Minister Nuri al-Maliki and U.S. President Barack Obama in Washington later this month. According to a senior political source for »Center Brief for the Iraqi Media... 

Iraq seeks Kuwaiti support in furthering ties with other countries

Posted by on Oct 28, 2013 | Leave a Comment

17/09/2013 | 05:10 PM | Gulf News BAGHDAD, Sept 17 (KUNA) — Iraq seeks Kuwait’s support in extending and ameliorating its relationships with other countries, said Iraqi vice-president Khodair al-Khuzaei as he met in his office on Tuesday with Kuwaiti ambassador Ali al-Muemen. The ambassador was visiting the vice-president’s office on the occasion of the end of his tenure in Baghdad, said a statement from that office. The... 

New five-year plan promises to avoid the mistakes of the previous plan

Posted by on Oct 28, 2013 | Leave a Comment

09/17/2013 The Ministry of Planning for its five-year plan for the years 2013-2017 based on the examination of the errors contained in the previous five-year plan for the years 2010-2014, which acknowledged that it did not achieve the desired success. The new plan is dedicated government effort on the sectors of tourism, industry and housing in addition to the support of the private sector. And plan ذللت difficulties... 

Committee Member urges CBI to wait on deletion of zeros; Would disrupt budget

Posted by on Oct 28, 2013 | Leave a Comment

Parliament: the process of deleting zeros of currency state budget By: Newspaper electronic Iraq | Date: Sunday 15/09/2013 10:38 pm Counting a member of the parliamentary economic committee Hussein the process of deletion of zeros from the Iraqi currency as the state budget. said in a press statement that urgency in the issue of deletion of zeros from the currency will lead to a major embarrassment for the government. He... 

Rasheed Bank to open branch in Rome; First in Europe

Posted by on Oct 28, 2013 | Leave a Comment

Romanian capital Bucharest Roman World Bank opens first branch of the Iraqi bank in Europe 09/17/2013 13:43 Range Press / Baghdad Minister of Finance announced the agency Ali Yousef Shukri, on Tuesday, the approval of the World Bank Roman to open the first branch of the Iraqi bank in Europe, returned to step will be important for the work of Iraqi banks in Europe, and will allow the Iraqi citizens abroad to deal with... 

Deputy: Economic Reform Act needed to activate economy and investment

Posted by on Oct 28, 2013 | Leave a Comment

08/09/2013 12:00 AM Baghdad morning confirmed a member of the Economic Commission MP Ibrahim stirrup, the need for ratification of the economic reform of great importance to support the economy and investment. said stirrup in a press statement that the law of economic reform and since approved by the Council of Ministers is not enabled and is limping and non-followers by the Economic Commission. said: he During a meeting... 

Experts: Adoption of the law of oil will contribute to the increase of national income

Posted by on Oct 28, 2013 | Leave a Comment

17/09/2013 12:00 AM Amid calls for legislation before the end of the current session of Parliament not to pass the law of oil and gas affects the economy of the country negatively contribute to attracting companies invested for the Advancement of oil situation with near the end of the current legislative session, called on parliamentarians and economists to approve the draft law of oil and gas, as an organizer and founder... 

Iraq is near WTO full membership, says Ministry of Commerce

Posted by on Oct 28, 2013 | Leave a Comment

Ministry of Commerce: Iraq is approaching to fulfill its obligations to join the World Trade Organization (WTO) 16/09/2013 13:18 Tomorrow Press / Baghdad: Ministry of Commerce announced on Monday that Iraq was nearing the fulfillment of all the requirements to join the World Trade Organization and the validity of all agreements it as a member state. Said Director of External Relations and Trade Ministry Hashim Mohammed... 

WTO Update: Iraq to follow and review the challenges faced by Brazil to achieve WTO accession

Posted by on Oct 28, 2013 | Leave a Comment

Iraq uses the Brazilian experience to join the World Trade Organization 16/09/2013 BAGHDAD / JD / .. Ministry of Commerce announced its participation in a training session for the Brazilian experience to join the World Trade Organization. The ministry said in a statement received / JD / copy of the established economic relations department in the ministry, in coordination with the Brazilian Embassy in Baghdad, a training... 

Expectations of the adoption of the 2014 budget year early

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16/09/2013 12:00 AM Committee expected economic parliamentary approval of the general budget for 2014 in early this year compared to budgets in previous years. Committee member Rep. Nora Bijari said in a statement (morning) that the draft budget next year be found at the Ministry of Finance a budget large, as amounting to nearly 146 trillion dinars, and the ministry will send a copy of the budget to the Council of Ministers... 

PM Maliki ready to amend Investment Law to promote private sector

Posted by on Oct 28, 2013 | Leave a Comment

Maliki vows to “make amendments” to the Investment Law “cringe” the difficulties and private investors Editor: AJ, BS 15.09.2013 15:37 Prime Minister Nuri al-Maliki, said on Sunday that “the housing sector at the forefront of the priorities of his government,” and to have “projects for the construction of housing units and the distribution of pieces of land free of charge to the needy and the poor,” While... 

Deputy: Iraq ranks fourth globally in terms of oil reserves by more than 140 billion barrels

Posted by on Oct 28, 2013 | Leave a Comment

16-09-2013 12:39 PM Baghdad (newsletter). Vice-Chairman of the Committee, said the Deputy of the Kurdistan blocs Coalition/Ahmed Faizullah, Neil Iraq ranked fourth on the world level in terms of its known oil reserves, with more than 140 billion barrels, and the proportion (11%), to the third place after exploring new oil fields. He said Faizullah (News Agency): the International Energy Agency issued a report on oil reserves... 

Ministry of Planning launches national development plan for the years 2013 – 2017

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Revenue will reach 812 trillion dinars The Ministry of Planning, on Monday, for “national development plan for the years 2013 – 2017″, and confirmed that its previous “did not achieve the desired success in the sectors of industry, housing and tourism,” while the Deputy Prime Minister for Energy Affairs Hussain al-Shahristani that the new plan “will focus on Industry mainly instead of oil “, he called on... 

Iraq ranks 6th in the number of wealthy in the Middle East

Posted by on Oct 28, 2013 | Leave a Comment

Baghdad / Mesalla: the company issued (Wealth – X), specialized in the various information and details for the world’s rich and the distribution of wealth around the world, the 2013 report on the distribution of the world’s rich and their fortunes in the five continents. According to the report, the total wealth owned by the richest man in the world comparable to (according to its estimates for this year) 27.8 trillion,... 

Vietnam central bank says $4 bln worth bad debts cleaned up

Posted by on Oct 28, 2013 | Leave a Comment

Last Updated: Monday, September 09, 2013 04:00:00 The banking sector has cleaned up VND85 trillion (US$4.02 billion) worth bad debts since the end of last year, bringing the ratio down to 4.68 percent as of June, the State Bank of Vietnam governor Nguyen Van Binh said. But it was higher than the 4.46 percent targeted by the central bank earlier. Binh said the bad debt figure had been more than 8 percent at the end of... 

Iraq: Slight rise in the inflation index for the month of August

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15-09-2013-13: 07 Ministry of planning and development cooperation, Sunday, the slight rise in the inflation index for the month of August, noting that annual inflation has been stable, with the indicator Housing Department continues to significantly affect the high and low inflation. He said Ministry spokesman Abdel Zahra Al-Hindawi said in an interview for “alsumaria news” that “inflation for the month of August... 

Ministry of Planning intends to establish the launch of the next five-year plan Monday

Posted by on Oct 28, 2013 | Leave a Comment

09/12/2013 09:38 The ministry of Planning and Development Cooperation on Monday launching ceremony 2013-2017 five-year development plan in the presence of Prime Minister Nuri al-Maliki . According to a ministry statement on Thursday: The concert will be held at the Rashid Hotel in the presence of a number of ministers and members of the House of Representatives, governors and heads of provincial councils and representatives... 

Draft of 2014 budget complete; Not yet approved by Council of Ministers

Posted by on Oct 28, 2013 | Leave a Comment

Completion of the draft budget for 2014 and submit them to the Council of Ministers Posted on: 14/09/2013 09:28:09 Commission announced the economy and investment in the House of Representatives for the completion of the draft budget bill for next year 2014 is waiting for the adjournment of the Council of Ministers. A member of the Committee on the economy bloc MP Abdul Hussein Abtan citizen “The budget for 2014 submitted... 

Economic Commission invites to join the World Trade Organization (WTO)

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A member of the Economic Commission MP Jassem شنكالي “that Iraq’s accession to the World Trade Organization will support the economy in terms of ensuring the receipt of goods of international standards for the country and promote economic and trade relations with various countries of the world,” he said, adding that mismanagement and worn out infrastructure led to a decline in Iraq economically. Alternate... 

Alkhozai calling for the United States to activate the strategic framework agreement

Posted by on Oct 28, 2013 | Leave a Comment

Magrec: Washington supports the role of Baghdad in the Syrian crisis Called on Vice-President of the republic Khodair al United States to provide more support for Iraq in all fields and activating the strategic framework agreement signed between the two countries. A statement by the Office of the Vice President of the Republic received the “morning,” a copy of it, that “Alkhozai received in his office on Saturday,... 

Finance member: legislation law protects bank deposits contributes to the support of the banking sector

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12:01 15/09/2013 confirmed member of the Finance Committee MP Najib Najib, the need for legislation that protects bank deposits law for the advancement of economic reality. Najib said in a press statement that any law contributes to the support of the banking sector should do, especially since this sector is suffering a lot of problems which need to be legislation and take measures to promote it. She added: the government’s... 

VP Najafi on CBI: Calls for coherence and coordination between monetary and fiscal policy

Posted by on Oct 28, 2013 | Leave a Comment

Najafi calls for the central bank to the need for coherence between monetary and fiscal policy The head of the House of Representatives Osama Najafi, the Central Bank of Iraq, on Wednesday, to the need for coherence and coordination between monetary and fiscal policy. “ The invitation Najafi during his visit to the Central Bank, which praised the role of the bank and its quest to maintain the exchange rate of the dollar... 

Bureaucracy hinders the recovery of the Iraqi economy

Posted by on Oct 28, 2013 | Leave a Comment

:09/14/2013 (00:01 pm) - Iraq’s per capita income is rising rapidly, but there are a few areas that Iraqis can spending or investment. The reason for this is routine in government departments (bureaucracy). The resulting violence has subsided in recent years to improve the economic prospects, and returned the market ripe for investment. In 2012, per capita income rose from GDP to $ 6.300 after it had only $ 1,300 in... 

When Iraq becomes full member of WTO it bring access to world markets, experience, and support the economy, says economic committee member

Posted by on Oct 28, 2013 | Leave a Comment

Economic 14-09-2013 07:23 AM Baghdad (newsletter). Member of the Economic Committee, said MP/Kurdish Alliance Jasim shankali, Iraq’s accession to the World Trade Organization will support the economy ensure that world-class goods for the country and to strengthen economic and trade relations with various countries of the world. Added shankali (News Agency): Iraq’s accession to the WTO will bring access to all world... 

HCL Law likely to be heard in next parliamentary session; Politics stops law from being heard in current session

Posted by on Oct 28, 2013 | Leave a Comment

Economic Rapporteur of the Commission on oil preclude approval of oil and gas law in the absence of a national consensus among the parliamentary blocs 14-09-2013 01:07 PM Baghdad (news) .. Ruled out the decision of the Oil and Energy Committee MP / coalition of Kurdish blocs / Qassim Mohammed Qassim, approve oil and gas law in the absence of a national consensus between the political blocs during the current parliamentary... 

National Meeting tentatively set for Sept 19th

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Maliki’s coalition: the national meeting will be held at the government palace in the presence of [350] Personal Friday, September 13 / September 2013 08:42 MP for the coalition of state law, Kadhim al-Bahadli, the location of the national meeting will be held at the Government Palace and ستحضره [350] character. It is hoped to hold a national meeting on [19] this month, during which the signing of the Charter... 

Parliament reschedules Election Law vote for Sept 24th

Posted by on Oct 28, 2013 | Leave a Comment

  postpone the vote on the election law to the 24th of the current month Friday, September 13 / September 2013 14:33 [Baghdad - where] Authority announced the Presidency of the Council of Representatives to postpone the parliamentary session scheduled to vote on the law of the general elections to 24 of the current month of September. He was scheduled to hold a hearing to vote on the law next Thursday, 19 of the... 

Deputy Secretary stresses need for Dropping Zeros law; It’s known the zeros project will like to take place in next month, he says

Posted by on Oct 28, 2013 | Leave a Comment

Finance committee member stressed n passing law for deleting zeros 12 Sep 2013 A finance committee member of Iraq stated that a law for omitting zeros from Iraqi currencies should be passed in order to confront the issues like debt and money frozen. Finance Committee deputy secretary, Mr. Hadi stated further that the law should be passed as soon as possible to overcome some serious financial issues within the country. He... 

Strengthen the technological capabilities of Iraq will contribute to WTO accession, free market economy

Posted by on Oct 28, 2013 | Leave a Comment

12/09/2013 12:00 AM noted economic expert d. Medhat al-Quraishi that the process of accession to the WTO will contribute to the protection of local products from abusive business practices, particularly cases of dumping. Said Quraishi »Sabah»: that there are effects of both positive and negative, pointing out that the most prominent of these effects is to push the national economy towards the free market economy and... 

Legal Committee calls to amend Article 142 of the Constitution

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Called the Legal Committee in the House of Representatives, on Thursday, the need to amend Article / / 142 of the Iraqi Constitution, which provides for the approval of two-thirds of the population of three provinces in order to make any amendment to the Constitution. A member of the Committee MP Adel residual told / Baghdadi News /, that “any amendment to the Constitution during the current session of the Parliament... 

Zebari: Iraq Is Keen To Close The File Of Kuwaiti Reparations

Posted by on Oct 28, 2013 | Leave a Comment

On September 12, 2013 in the political Baghdad: News Network Iraq – Newest Iraq confirmed his commitment to complete the Ivaúh its obligations to pay reparations to Kuwait. Came during a meeting with Foreign Minister Hoshyar Zebari on Wednesday in the capital Baghdad, with Tibor Raja, Executive Director of the Compensation Commission in Allamm States, where the two sides reviewed Iraq’s efforts in the field of fulfill... 

CBI expresses its encouragement for the foreign banks

Posted by on Oct 28, 2013 | Leave a Comment

12 Sep 2013 On this Monday, the Iraqi Central Bank (CBI) has taken some measures to revitalize the 19 foreign banks operating in Iraq. This action is supposed to rejuvenate the overall banking sector of the country. Also, it has to be noted that this will encourage the emerging foreign banks in Iraq in near future. Bank Governor Abdel Basset Turki stated that the banking sector of the country requires more attention in... 

CBI to achieve its oversight role on the banking companies

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12/09/2013 12:00 AM Having competed with private banks in the auction currency Baghdad – Mostafa Hashemi counting are interested in economic affairs activating the role of the central bank oversight to the work of companies to mediate in the sale of currency, banking and financial transfer of the things that achieve stability in the exchange rate, as well as the stability of the domestic market, and confirmed specialists... 

Attorney Al-Abbadi: economic policy in the country are still vague and charge drawn by unknown

Posted by on Oct 28, 2013 | Leave a Comment

12-09-2013 07:34 AM Baghdad (newsletter). He called the economy and Investment Committee member MP/iraqiya/Qusay Juma Abadi, the need to establish a Council for economic reform embraces the task of economic policy in the country. He said Al-Abbadi (News Agency): everyone is ignorant of who is responsible for economic policy in the country is the Economic Committee in the Council of Ministers, which is chaired by Deputy... 

U.S. study calls on Iraq to restructure the Special Operations Forces

Posted by on Oct 28, 2013 | Leave a Comment

Author: Editor: AHS, BS 9/12/2013 12:45 Range Press / Beirut Emphasized a study published by “The Washington Institute for Near East Studies” that “political infighting procedure” in Baghdad is a major obstacle to strengthening the capacity of Iraq’s security in the fight against terrorism, and stressed that “the solution to the crisis requires measures broader and deeper than improvements in tactical security... 

Iraq calls to speed up the signing of the transmission of Arab funds

Posted by on Oct 28, 2013 | Leave a Comment

  12/09/2013 12:00 AM Cairo – Isra Khalifa called on Iraq to expedite the ratification of the Convention on the transmission of Arab capital and approved by the Doha summit last March to make it easier for Arab businessmen to invest in the Arab countries. Abdullah said Bandar advisor at the General Authority for Investment: that Iraq was first called to this Agreement has been approved by the Commission and we are... 

Bank expert: banks rapidly clear eligibility and run with modern banking tech

Posted by on Oct 28, 2013 | Leave a Comment

12-09-2013 11:45 AM Baghdad (newsletter). Banking expert said NAFI Elias Abou, the local community development banks in their work through the use of modern technological systems, criticizing statements by some deputies and economic figures on the failure of the private banking sector. He said Abbou (News Agency): local banks despite the short life, it operates under modern technological systems and keep pace with developments... 

Governor of the Central Bank of Iraq, the Hungarian ambassador to discuss cooperation between the two countries

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09/11/2013 21:26 BAGHDAD / obelisk: Search governor of the Central Bank of Iraq and Abdul Basit Turki agency with the Hungarian ambassador in Baghdad, the possibility of cooperation polytheist between Baghdad and Budapest. The central bank said in a statement obtained “obelisk” a copy of it, that “the Iraqi Central Bank Governor Abdul Basit Turki met, the first on Monday, the Hungarian ambassador in Baghdad Taator... 

Iraqi dinar currency difficult internationally; See value improve in the coming weeks according to Finance Committee Member

Posted by on Oct 28, 2013 | Leave a Comment

The parliamentary Finance Committee said Haidar Al-Abadi said the coming weeks will see more improvement in the value of the dinar against the dollar which will enhance the confidence of the world. “ Abadi said the new monetary policy by the Central Bank had a very large impact on the improvement of the value of the Iraqi dinar, which reflected positively on the Iraqi market through a deal to import “. “The increased... 

Zebari meets with UN official; Discuss efforts and desire to fulfill Kuwait compensation file

Posted by on Oct 28, 2013 | Leave a Comment

Zebari discuss with the United Nations, Iraq’s efforts to fulfill its obligations to Kuwait Wednesday, September 11 / September 2013 13:38 {Baghdad: Euphrates News} Research and Foreign Minister Hoshyar Zebari with the Executive Director of the Compensation Commission at the United Nations Tibor Raja Iraq’s efforts in fulfillment of its obligations to pay the remaining compensation to Kuwait. A statement from the... 

Economist: A tighter monetary policy will bring real value to the IQD and restoration

Posted by on Oct 28, 2013 | Leave a Comment

Specialist: tight monetary policy means the stability of the exchange market 11/9/13 12: 00 am Count financial and banking Affairs professional tight monetary policy adopted by the Central Bank of Iraq will contribute to reducing the phenomenon of dollarization has brought the real value of the Iraqi dinar and restored. Competent Samir said nasiri told the (morning) strategic objectives the central aim to achieve price... 

Finance Committee member explains the impact of British Standard Bank joining the banking sector in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

Specialists: the British Standard Chartered Bank opened a branch in Iraq would strengthen the banking sector and promote development of the country 09-09-2013 09:23 AM Baghdad (News)/report/bahtik/… Exit Iraq from Chapter VII of the UN which was imposed by the United Nations since the 1990s to stimulate foreign companies and international banks, known as a discreet entrance to the Iraqi environment to work in. Where... 

Committee commends CBI for its effort to raise IQD value however remains below ambition, says Finance Committee member

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Finance parliamentary commends the efforts of the central bank to raise the value of the dinar 09/10/2013 01:56 Praised the Finance Committee parliamentary elections, the considerable efforts made by the central bank to raise the value of the Iraqi dinar against the U.S. dollar. said MP from the Committee Najiba Najib’s IMN), that “the central bank was able to reduce the value of the U.S. dollar against the Iraqi... 

Maliki adviser denies resignation of CBI Governor

Posted by on Oct 28, 2013 | Leave a Comment

Tuesday, September 10 / September 2013 10:52 [Baghdad - where] Denied Ali al-Moussawi, media adviser to Prime Minister Nuri al-Maliki on Tuesday to provide the Chairman of the Supervisory Board of Finance and the Governor of the Central Bank and the Agency [Abdul Basit Turki resigned from both positions. Some of the media had said on Monday that the [Turkish] has submitted his resignation from the positions of the Presidency... 

Sheyaa: new amendments to the investment law will support the investment process and stimulate companies to enter the country

Posted by on Oct 28, 2013 | Leave a Comment

11-09-2013 12:44 PM Baghdad (newsletter). Member of Commission on economy and investment/MP Abdul Al-Abbas sheyaa, adjustments to current investment law by the Council of Ministers to support the investment process and attract foreign companies to work in the country. Said sheyaa (News Agency): the investment law No. 13 of 2006 when applied on the ground astdm by several obstacles, prompting the Cabinet to form a Committee... 

Iraq: New calls for a strategy to encourage investment

Posted by on Oct 28, 2013 | Leave a Comment

09/11/2013 12:00 AM called officials and specialists executive bodies to develop a strategic investment to overcome the obstacles in front of the investor, and build the foundations of a new economic. member of the Economic Commission representative Abdel-Salam al-Maliki said in a statement (morning): “The Investment Law No. 13 of 2006 is still disabled, has underwent a lot of modifications to it, but did not do properly... 

Iraq parliament seeks to cancel 11 thousand laws issued by the former regime

Posted by on Oct 28, 2013 | Leave a Comment

09/11/2013 12:00 AM Is still a work in progress in which seeks the House of Representatives to work to abolish the 11 thousand law had been initiated during the former regime are still working out so far. A member of the National Alliance MP Abdul Salam al-Maliki member of the economic and investment commission in parliament in a statement singled out (morning): that the parliament that the speed up to cancel the laws... 

Chairman of the Finance Committee on IQD: Coming weeks will see an improvement over the value of the dinar against the dollar

Posted by on Oct 28, 2013 | Leave a Comment

BAGHDAD / News: suggested the parliamentary Finance Committee on Monday, to witness the coming weeks, an improvement over the value of the dinar against the dollar, noting that the monetary policy pursued by the Central Bank have had a significant impact in this improvement. Chairman of the Committee said Haider al-Abadi said in an exclusive interview with the agency “News” that “the Iraqi dinar is witnessing these... 

State of Law party member suggests placing image of Maliki on new currency; Finance committee objects

Posted by on Oct 28, 2013 | Leave a Comment

Deputy calls for printed images Maliki on the new Iraqi currency Called a member of a coalition of state law, Sami al-Askari, the Iraqis out a demonstration in favor of the survival of Prime Minister Nuri al-Maliki, in office for a third term, recalling the great achievements made in his reign, The military said in a press statement followed our correspondent that al-Maliki of the best of the judgment of Iraq, pointing... 

Member of the Finance Committee: the establishment of the Banking Development Body will support Iraqi economy

Posted by on Oct 28, 2013 | Leave a Comment

10-09-2013 12:45 PM Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the need to establish a body to be responsible for the development of the banks, the banking sector and linked to global banks. Najib said (News Agency): the body dealing with banks is necessary to serve the banking sector, noting that it would be better if the work of the Central Bank’s... 

Formation of a committee to develop a mechanism to unify the exchange rate for contracts

Posted by on Oct 28, 2013 | Leave a Comment

Monday, 09 September / September 2013 15:39 Formed the General Secretariat of the Council of Ministers of a committee to develop a mechanism for determining the exchange rate for contracts for all purposes. According to a statement of the General Secretariat received by the agency all of Iraq [where] the day that he “decided to form the committee according to what is stated in a meeting of the Committee on Economic... 

Council of Ministers forms committee to unify USD price

Posted by on Oct 28, 2013 | Leave a Comment

Monday, 09 September 2013 23:41 Baghdad (AIN) –The Secretariat General of the Council of Ministers formed a committee that assumes identifying the price of the US dollar in return of Iraqi dinar for all purposes. The Secretariat General of the Cabinet reported in a statement received by AIN on Monday ”The Cabinet decided to form a committee in accordance to resolutions of the Economic Committee meeting within the... 

Parliament member denies resignation of the Governor of the Central Bank

Posted by on Oct 28, 2013 | Leave a Comment

Baghdad / Baghdadi news / .. Denied the Parliamentary Integrity Committee, on Monday, the resignation of central bank governor and Abdul Basit Turki agency from office. A member of the Committee Deputy High Nassif told / Baghdadi News /, it “had made contacts with the Central Bank confirmed its survival conservative Agency Abdul Basit Turki in office,” noting that the reports about his resignation “baseless and... 

A law needs to be passed to delete the zeros, says finance committee member

Posted by on Oct 28, 2013 | Leave a Comment

Amin Hadi: must address the issues of debt and money frozen by passing a law to delete the zeros 09-09-2013 10:32 AM Baghdad (news) .. A member of the Finance Committee deputy secretary-Hadi, the need for passing a law to delete the three zeroes from the currency so as to its importance in banking transactions. said Hadi (of the Agency news): The project to delete the zeros frozen now and cons of approval is launched... 

Source: Governor of CBI has submitted resignation; Under pressure due to poor management of CBI

Posted by on Oct 28, 2013 | Leave a Comment

  Source: Governor of the Central Bank of Iraq and submit his resignation and agency experts in economy Hdhuroa of a combination between the two positions 08-09-2013 He informed source close to the “Iraqi Central Bank Governor agency Abdul Basit Turki he submitted his resignation today,” to Prime Minister Nuri al-Maliki, due to not being able to manage work at the Central Bank and the Office of Financial Supervision, and... 

Bankers: In a post Ch VII Iraq, A national campaign is needed to spark investment

Posted by on Oct 28, 2013 | Leave a Comment

  09/09/2013 12:00 AM stressed bankers on the importance of initiating a national campaign aimed at contacts with the global financial revitalization of the State-owned banks that were constrained in their dealings terms of Chapter VII. comes at a time considered by the Committee Parliamentary Finance out of Iraq from Chapter VII that a positive impact on the economy Local, as it will open the doors to banking world. Committee... 

Moussawi: election law became ready for a vote in parliament

Posted by on Oct 28, 2013 | Leave a Comment

2:26 09/09/2013 MP for the National Alliance Salman al-Moussawi said the election law is ready for a vote within the parliament. Moussawi said in an interview (public radio), on Monday “was the agreement between the political blocs on to pass the election law and that the method of voting in accordance with the open list and considered multi-country constituencies.” Adding that the delay was due to political conflicts,... 

As IQD improves in value countries will want to deal with it; Enhanced confidence says Finance Committee Member

Posted by on Oct 28, 2013 | Leave a Comment

Economic Member parliamentary Finance: the relative improvement of the value of the dinar against the dollar to make some countries want to deal with 07-09-2013 10:33 AM Baghdad (news) .. A member of the Finance Committee MP / coalition of Kurdish blocs / Dler capable, that the improvement relative to the value of the Iraqi dinar against the U.S. dollar during the current period to make some countries want to handle... 

Committee Member denies zero’s dropping in early 2014; Says it must be done ASAP

Posted by on Oct 28, 2013 | Leave a Comment

09/06/2013 Finance parliamentary rule to delete the zeros from the currency early next year   Ruled out of the Finance Committee, the deletion of zeros from the currency early next year / / 2014. Said committee member Rep. Najiba Najib, in a statement to / Baghdadi news / .. “The Finance Committee did not discuss the issue of deletion of zeros during the last period. As the need to take action and study, “excluded... 

Parliament begins todays session discussing Iraq’s 2014 Budget

Posted by on Oct 28, 2013 | Leave a Comment

Parliament discusses the day the House of Representatives budget for the year 2014 Saturday, 07 September / September 2013 10:57 {Baghdad: Euphrates News} House of Representatives held on Saturday its regular {17} in the current legislative term to discuss the House of Representatives budget for fiscal year 2014. He said a parliamentary source told {Euphrates News} that “the House of Representatives held its regular... 

Iraq optimistic as economy shows signs of economic growth

Posted by on Oct 28, 2013 | Leave a Comment

Significant Economic Growth Optimism In Iraq On September 7, 2013 in the economic Baghdad: Network Akhbaralarac – connects economists and Naftyon Iraqi optimism to achieve their country’s strong economic growth anticipated, provided political stability, drilled 115 locations oil estimated quantities estimated at 350 billion barrels and additional drilling operations in more than 450 fields in different parts of Iraq,... 

Economic Committee Member: Economic reform act has “stumbled” since it passed the Council of Ministers; Needs activation

Posted by on Oct 28, 2013 | Leave a Comment

07-09-2013 11:31 AM Baghdad (newsletter). Member of the Economic Committee, MP//Ibrahim Al-Rikabi, the need for economic reform act of great importance to support the economy and investment. Rikabi said (News Agency): economic reform and law since passed by the Cabinet and is not activated and stumbled and follow-up by the Commission. He added that during his meeting with economic advisers in Government confirmed the... 

IMF: emerging economies will be affected by the change of U.S. monetary policy

Posted by on Oct 28, 2013 | Leave a Comment

IMF: emerging economies will be affected by the change of U.S. monetary policy The International Monetary Fund said in a memorandum prepared for the Group of Twenty meeting in St. Petersburg, the advanced economies, led by the United States will push global growth increasingly, while emerging economies face the risk of slowdown As a result of tightening of U.S. monetary policy. He urged the Fund in the memo obtained by... 

Economic Committee Member: British Standard Bank opening is opportunity to attract international companies to invest in the country

Posted by on Oct 28, 2013 | Leave a Comment

06-09-2013 07:20 AM Baghdad (newsletter). Member of the Economic Committee of the National Alliance MP Hussein almerapi, said the opening of a British Bank in Baghdad is an important step to bringing global investment companies in Iraq. Said almerapi (News Agency): the banking environment is the heart of the economic process and thus opened a giant banks will contribute to the development of the environment and to support... 

Economic Committee Member: Exempting foreign companies from taxes will attract large companies to Iraq

Posted by on Oct 28, 2013 | Leave a Comment

11:51 05/09/2013 A member of the parliamentary Economic Committee Hussein المرعبي that passing a law exempting foreign companies from taxes and fees will attract large investment firms to operate in the country. He said المرعبي in a statement received news agency public opinion (and babysit) a copy of “the country needs real to attract global investment firms discreet to build hundreds of thousands of... 

Finance Committee confirms the deletion of zeros from the currency in early 2014

Posted by on Oct 28, 2013 | Leave a Comment

Confirmed the Finance Committee, Wednesday, that the year 2014 will see the deletion of zeros from the Iraqi currency, indicating that the deletion will be in coordination with the Central Bank. Said committee member Abdul Hussein al-Yasiri in a statement that “the process of deletion of zeros from the national currency will begin in 2014, through an agreement with the central bank,” noting that “this project will... 

Parliament: CBI has not achieved the desired goals in the support and development of banking sector of the country

Posted by on Oct 28, 2013 | Leave a Comment

Economic 05-09-2013 10:55 AM Baghdad (newsletter). Deputy Chairman of the Finance Committee, criticized the Attorney for the Kurdistan blocs Coalition/Ahmed Faizullah, a policy the Central Bank to the banking sector as it did work to support and develop its work. He said Faizullah (News Agency): the Iraqi banking sector is underdeveloped and lacks a lot of things modern tech, which made the work of obliging local banks. He... 

Deputy: political differences have prevented oil and gas law

Posted by on Oct 28, 2013 | Leave a Comment

04-09-2013 12:33 PM Baghdad (newsletter). Member of Committee on oil and energy National Alliance MP Furat Shara, difficulty passing gas and oil amid political and security atmosphere. Shara said (News Agency): he was formerly a quad and the oil in the oil and gas law but did not see to the work of these committees, expressing the hope that gives this a law of importance by political entities and Presidents for approval... 

Member of Economic Committee: Need to attract domestic capital investment in the country’s immigrant

Posted by on Oct 28, 2013 | Leave a Comment

05-09-2013 05:28 AM Baghdad (newsletter). Invited Member of the Committee on the economy and investment, a Deputy from the Kurdistan blocs Coalition//j. shankali, the need to grant special privileges to fetch headers domestic funds overseas for the immigrant investment in the country. Said shankali (News Agency): escape the heads of local funds abroad due to the poor security situation in the country which constituted... 

Najafi visits CBI and confirms Parliament’s support and praises role in maintaining the exchange rate of the dinar

Posted by on Oct 28, 2013 | Leave a Comment

Wednesday, September 04 / September 2013 16:52 {Baghdad: Euphrates News} The President of the House of Representatives Osama Najafi on the importance of developing a strategy for fiscal policy coordination between the Ministry of Finance and the monetary policy of the central bank. He said during his visit today the Central Bank of Iraq and his meeting with the Governor of the Bank Basset Turki agency “continued support... 

Iraq assists Jordan with USD 25 Million

Posted by on Oct 28, 2013 | Leave a Comment

03 Sep 2013 Iraq granted Jordan a financial assistance of USD (25) million in from of crude Oil amounts. The Official News Agency of Jordan, Petra, quoted the Minister of State for Media Affairs and the Official Spokesperson of the Jordanian Government, Mohamed al-Momani, as saying ”The Iraqi Council of Ministries decided to aid Jordan with USD (25) million that will be granted in form of crude oil quantity.” ”The... 

If every passenger travelling through Baghdad International Airport converts $5,000 through airport bank, IQD value will rise

Posted by on Oct 28, 2013 | Leave a Comment

Finance parliamentary: convert 5 thousand dollars per passenger raises the value of the dinar 03/09/2013 BAGHDAD / JD / .. Parliamentary Finance Committee confirmed that the conversion of $ 5,000 per passenger helps raise the value of the Iraqi dinar against the dollar, to be the advocate of the dollar before the government banks instead of exchange in illegal ways. A member of the Finance Committee MP Najiba Najib told... 

Deputy indicates IQD will not see improvement through the dropping of zeros process

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Economic Deputy: the application of the project to delete the three zeroes from the currency of no value benefit of the Iraqi dinar 03-09-2013 05:01 AM Baghdad (news) .. Ruled out the vice president of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, improve the value of the Iraqi dinar when applying the project to delete the three zeroes from the national currency. said Faizullah (of the Agency... 

Deputy: the need to conclude economic agreements with developed countries in the field of exchange of expertise and capacity development

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03-09-2013 11:35 AM Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Amer winner, the need for Iraq to conclude economic agreements with developed countries Kalurbih and Asian countries to exchange experiences and develop local capacity. said the winner (of the Agency news): The Iraqi government signed a series of economic agreements in various economic fields, which where... 

CBI agrees in principle to the opening of a Standard Charter bank branch in Baghdad

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03-09-2013 05:21 PM Baghdad (news) .. Central Bank of Iraq, agreed in principle to the establishment of Standard Chartered Bank British opened a branch in Baghdad for the exercise of its banking before the final year. central bank said in a statement received by the Agency (news) copy of it: that the bank issued its approval in principle to the establishment of the Bank Standard Chartered, the British opened a branch... 

Parliament Chairmanship decides next Monday deadline to discuss Parlaimentary Elections Law

Posted by on Oct 28, 2013 | Leave a Comment

Tuesday, 03 September 2013 14:55 Baghdad (AIN) -The parliament chairmanship decided the next Monday to be last date to discuss the Parlaimentary Elections Law. Parlaimentary source stated to AIN “The parliament chairmanship decided the next Monday to be last date to discuss the Parlaimentary Elections Law,” noting that “The parliament Chairmanship called the political blocs to submit their points against the draft... 

Federal Reserve Holdings and Oil Exports are the biggest factor for IQD exchange rate

Posted by on Oct 28, 2013 | Leave a Comment

Iraqi financial expert stated that the value of Iraq’s Federal Reserve currently amounts to about $80 billion, following the recent increase in the country’s oil exports. Nevertheless, no information was made available by the Central Bank of Iraq (CBI) to this effect. Speaking to media, financial expert Hussein al-Asadi remarked, “According to my information, the value of Iraq’s federal reserve currently amounts... 

Iraq Stock Exchange (ISX) will bring positive impact to Iraqi economy

Posted by on Oct 28, 2013 | Leave a Comment

01 Sep 2013 Member of the Economic Committee of the Kurdistan Alliance MP Mahma Khalil stated the importance of activating the stock market to increase storage and support the economy. According to him, Iraq Stock Exchange will be a safe haven for the investors and thus it will bring positive impacts to the economy of the country. He also remarked that many States have serious and wish to enter the Iraqi market and are... 

Iraqi economy is progressive though it lacks vision and security is a major concern

Posted by on Oct 28, 2013 | Leave a Comment

01 Sep 2013 A member of the Parliamentary Committee on the economy stated that Iraqi economy is still stalled in place, pointing to the absence of true vision to elevate it. MP, Mr. Amer stated, “The economy stalled in place and there is no true vision to elevate it,” he said, “If you look at the economy, it is moving towards the gradient and improvising the economy, but a lot of regulations and instructions hinder... 

Total reliance on oil revenues may lead to catastrophic consequences to Iraqi economy

Posted by on Oct 28, 2013 | Leave a Comment

26 Aug 2013 Iraq’s Tax Authority has warned against what it described as total reliance on oil export revenues. “The country depends wholly on royalties from oil exports. The catastrophe for the economy is inevitable once oil wells start aging,” said the authority’s director-general Kadhem Abdullah. Abdullah said the country lacked “a clear strategy” on how to diversify its income. The constitution, he added,... 

Economic Reform Act a step in right direction toward a market economy

Posted by on Oct 28, 2013 | Leave a Comment

09/02/2013 12:00 AM Specialist acknowledges its importance in the real transformation to a market economy represents the law of economic reform, passed by the Council of Ministers recently glimmer of hope to all those concerned with economic experts and the private sector in particular because he axis foundation in economic work after the transition towards a market economy, especially The new law deals with the economic... 

Iraqis top the list of investors in companies

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09/02/2013 - Amman – occupied Iraqis ranked first among foreign investors registered with the Companies Control Department during the first seven months of this year, according to data released by the department. The number of Iraqi investors 529 investors make up 36% of the total number of foreign investors during the first seven months of the current year The solution in the second Syrians number 427 investors and... 

China seeks to increase trade exchange with Iraq by $20 billion in 2013

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Editor: BK, BS 2/9/2013, 17:03 Said a Chinese diplomat on Monday, that the volume of trade exchange for his country with Iraq was in 2012 past 17 billion and $ 500 million, hoping to rise to $ 20 billion in 2013, the current, while showed a Chinese company specialized communications willingness to expand its services and cooperation with Iraq, Baghdad University, showed that it is seeking to attract the company’s experience... 

Call for international experience to help build Iraqi economy

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09/02/2013 12:00 AM called Academy economic government agencies to quote a number of experiments special economic countries advanced passed conditions similar to the conditions of Iraq for the purpose of developing economic sectors. said Tahsin Ali told the (morning) that there are several states have passed conditions similar to the conditions experienced by Iraq (k Germany and South Korea) and other countries that girl... 

G20 meeting Thursday and Friday: Will discuss Syria and Financial Crisis in Emerging Countries

Posted by on Oct 28, 2013 | Leave a Comment

 Moscow / a. P. B. meet with heads of State and Government of the Group of Twenty Thursday and Friday in St. Petersburg in Russia at the summit is expected to be tense at the height of the Syrian crisis and the financial storm in the emerging new problem in the global economy. supposed to devote the leaders of rich countries and major emerging in the world officially their economic issues and finance. But in an atmosphere... 

Iraq agrees to increase the financial resources of the Arab Monetary Fund (AMF)

Posted by on Oct 28, 2013 | Leave a Comment

Showed the General Secretariat of the Council of Ministers, said the council decided during its regular thirty-seventh session in 08/27/2013 to approve the contribution of the Republic of Iraq to increase the financial resources of the Arab Monetary Fund and the amount of its share in the IPO proposed 38.950 thirty-eight thousand nine hundred and fifty dinars Arabic My Account and the proportion of underwriting 12, 98%. The... 

Next Week: 2014 budget will be in front of the Council of Ministers, says Ministry of Finance

Posted by on Oct 28, 2013 | Leave a Comment

Finance Minister Ali Yusuf agency Shukri completeness of the federal budget for the year 2014. Shukri said in a statement received by Ambassador News Agency a copy of it on Sunday: the federal budget has been completed for the year 2014 all the paragraphs and will be in front of the Council of Ministers next week  Read More →

Economic parliamentary: the weak purchasing power of the Iraqi dinar affect the reserves of the Central Bank of the coin

Posted by on Oct 28, 2013 | Leave a Comment

A member of the Committee MP economic Mahma Khalil, that weakened the purchasing power of the Iraqi dinar affect the reserves of the Central Bank of the currency. Khalil said in a press statement that the fluctuation of the exchange rate of the Iraqi dinar against other currencies will affect the Iraqi economy, in addition to the sovereign balance of the affected reserves of the Central Bank. He added: when he reduced... 

Statistical Report: CBI sales of the dollar last month, more than 4 and a half billion dollars

Posted by on Oct 28, 2013 | Leave a Comment

Sunday, 01 September / September 2013 14:49 In statistical prepared and all of Iraq [where] the auction sale and purchase of foreign currency emerged that the Iraqi central bank sales of the dollar has reached during the last month of August 4 billion and $ 563 million and $ 751. According to central bank data daily, these huge sums sold a stable exchange rate is 1166 dinars per dollar, while the dollar sold on the black... 

Hadi: high rates of inflation in Iraq are slim; does not affect the economy

Posted by on Oct 28, 2013 | Leave a Comment

A member of the Finance Committee deputy secretary-Hadi, the high rates of inflation in the country is not high ratios, indicating that if the increased annual rate of inflation this to worry about. Hadi said in a press statement that the high inflation rates lead to the fluctuation of the exchange rate of the Iraqi dinar against other currencies, adding that the exchange rate of the dinar steady and low rates of inflation He... 

Iraq Oil Ministry: Oil revenues for the month of August exceeded $8 billion

Posted by on Oct 28, 2013 | Leave a Comment

The Oil Ministry announced achieved and imports of crude oil export for the month of August is highest during the current year. The Anaga spokesman for the ministry, Assem Jihad, the minister Abdul Karim and coffee as saying that “the oil ministry achieved during the month of August last rise in oil exports to reach two million and / 579 / thousand barrels per day and revenues amounted / 8 / billion / 300 / million... 

Iraq Interior announces “new security plan” in the coming days

Posted by on Oct 28, 2013 | Leave a Comment

  The Ministry of the Interior, on Sunday, a “new security plan” in the coming days against the backdrop of recent security breaches, confirmed the continuation of the process avenge the martyrs that have achieved great results.   The statement quoted the senior agent for the Ministry of Interior Adnan al-Asadi said, “that the plan will focus on intelligence effort, as well as set up surveillance cameras... 

Party Spokesman: Call for a Set Date to Reset Iraqi Currency; Will Raise Value of IQD Compared to Foreign Currencies

Posted by on Oct 28, 2013 | Leave a Comment

Shammari calls to set a date to reset the Iraqi currency Posted on: 08/07/2013 19:24:15 BAGHDAD / With: spokesman called white parliamentary bloc Kazem Al-Shammari to make an appointment to reset the Iraqi currency. Al-Shammari said in a press statement, received a “news the future,” a copy of it, that “the high volume of reserves of Iraq from foreign currency to $ 76 billion in addition to the 30 tons of gold bullion,... 

Economic Committee Member call on CBI to start currency structure project; Deletion of Zeros

Posted by on Oct 28, 2013 | Leave a Comment

Mehma Khalil called Central Bank currency structure project August 8, 2013 In economic Baghdad: Iraq news network called the Parliamentary Commission on the economy and investment the Central Bank of Iraq, the need to delete the zeros of the Iraqi currency after the land was available and exit Iraq from Chapter VII, and the economy is expected advantages and the results summary of Security Council-imposed penalty. The... 

Member of Finance Committee is preparing a special law for the banks with the participation of experts and international consultants

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08-08-2013 08:19 AM Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the intention of its enactment of a special law for banks supports the Iraqi banking system with the participation of international experts and financial advisors. said is capable (of the Agency news): The Banking Act current is supportive for banks and allowed investment and the use of technology... 

Economic Committee calls for the formation of a fund supporting the private sector

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08/08/2013 5:57 pm called for economic and investment commission in the House of Representatives to take advantage of oil resources for the development of other sectors in the country, and the formation of a fund to support the private sector. said committee member Rep. Salman al-Moussawi told a news briefing Thursday: “The oil resources are an advantage strategy must be exploited in order to development of the economy... 

Political party says national conference to be held after the holiday

Posted by on Oct 28, 2013 | Leave a Comment

08/08/2013 5:57 pm Political blocs emphasizes the constructive dialogue to address the dangers revealed a coalition of state law with the direction of the National Alliance to convene a national conference after the holiday of Eid al-Fitr, stressing the need to resort to dialogue and national building between the forces and the political blocs and leaders to confront the dangers posed to the country and to develop mechanisms... 

Maliki urges officials to fulfill their duties towards Iraqis

Posted by on Oct 28, 2013 | Leave a Comment

Thursday, 08 August 2013 19:37 Baghdad (AIN) -The Premier, Nouri al-Maliki, called “All officials to fulfill their duties towards Iraqis.” Iraqiya Satellite Channel quoted Maliki as saying to Iraqis on Eid al-Fitr occasion “Our real Eid is when we perform all our commitments towards Iraqis to live fee and secured life.” He congratulated “Iraqis and the Islamic Nation on this occasion,” calling “To make Eid... 

Economic committee member urges CBI to resume the project of deletion of zeros from Iraqi dinars

Posted by on Oct 28, 2013 | Leave a Comment

09 Aug 2013 Parliamentary commission of economy and investment of the Central Bank has been called by Iraq news network, in order to discuss the significance and process of deletion of zeros from the Iraqi currencies. It has to be noted that Iraq has recently got freedom from the sanctions of Chapter VII and according to the economic experts; it is advantageous to make decisions regarding restructuring of Iraqi currency... 

Economic Committee: IQD will see price improvement against the USD in the coming period

Posted by on Oct 28, 2013 | Leave a Comment

Most likely a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed شنكالي, improved Iraqi dinar exchange rate against the U.S. dollar in the coming period after taking the necessary measures by the central bank to strengthen it. Said شنكالي: that the Iraqi economy is strong and the dinar covered reserve large currency difficult and this is what will give him... 

Finance Committee calls for CBI to control banking offices and curb speculative dollar

Posted by on Oct 28, 2013 | Leave a Comment

  BAGHDAD / News: called the parliamentary Finance Committee, Wednesday, the central bank to monitor the banking offices to curb speculation in the dollar, while attributed the continuing decline in the exchange rate of the dinar against the dollar to activate the activity of speculators in the currency. A member of the Committee Hassan’s Ozmn “News”, “The continuing decline in the exchange rate of the dinar... 

Finance Committee is preparing a special law for banks with participation of experts and international consultants

Posted by on Oct 28, 2013 | Leave a Comment

08-08-2013 08:19 AM Baghdad (newsletter). Member of the Finance Committee, MP for the Kurdistan blocs Coalition//Jimmy, the intention of its special Act legislation for banks supports the Iraqi banking system with the participation of international experts and financial advisers. He said capable (News Agency): the current banking law is supportive of banks permitted investment and technological techniques in modern banking,... 

Energy Committee reveals law establishing a national owned company to extract oil from all over the country, including Kurdistan

Posted by on Oct 28, 2013 | Leave a Comment

10/08/2013 12:57 Revealed to the Commission on oil and energy parliamentary Saturday, a draft law to establish a national company for the oil to be Supervisor extracted in all parts of Iraq, including the Kurdistan region, while confirming that the draft raised the Presidency will be discussed after the Eid holiday, she noted that “the company will be Iraqi one hundred percent, without foreign participation. “ The... 

Economist: Iraq doesn’t need international investment as much as it needs a secure environment

Posted by on Oct 28, 2013 | Leave a Comment

10-08-2013 12:21 PM Baghdad (newsletter). Economic Affairs Specialist, said Ghazi al-kinani, said Iraq does not need the global experts in the field of investment, stressing that Iraq possesses high competencies of specialists the best you can. He drew (News Agency): that Iraq needs a secure environment and political stability and economic and social development, in addition to investment possibilities you can eliminate... 

UN economist: Corruption and the underdeveloped banking system hinders investment in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

Industrial development expert said at the United Nations [UNIDO] Ali al-Sudani said “the scourge of corruption hinder investment in Iraq.” He said the Sudanese in a statement received news agency public opinion a copy of “out of Iraq from Chapter VII is an important event and embarrassment in the history of modern Iraq and a means important to bring about developments and gears quality levels of technological and... 

Economist: The low dollar exchange rate led to the stability of the Iraqi dinar

Posted by on Oct 28, 2013 | Leave a Comment

11-08-2013 12:29 PM Baghdad (newsletter).The Economist said Abbas an overwhelming majority, the lower US dollar exchange rate stability led to alidnar. He said an overwhelming majority (News Agency): the reasons for the stability of the Iraqi dinar against the dollar, which fell to independence of the Central Bank of Iraq recently in Basra. He continued as the Central Bank set the currency don’t contradict the momentum... 

Iraq economically declining due to corruption, despite owning 26% of the globes total energy

Posted by on Oct 28, 2013 | Leave a Comment

Baghdad / File News: experts believe that the classification of Iraq ranked 92 globally in the economy according to statistics institute Igtom British due to the lack of solutions to the problems of projects lagging, while stressing a member of the Economic Commission that corruption is behind this decline, despite Iraq’s possession of 26% of the total global energy . Showed statistics from the Institute for Igtom British,... 

Economic parliamentary: the need to open branches of foreign banks in Iraq to attract big investors

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Economic parliamentary: the need to open branches of foreign banks in Iraq to attract big investors A member of the Economic Committee MP Jassim شنكالي, said that “the banking sector in Iraq is very modest and Ajriqa to the level of other countries, stressing the need to open branches of foreign banks in Iraq.” The شنكالي added that “Iraq needs to the opening of branches of foreign banks are known worldwide,... 

Energy Committee: the need to urge private sector companies to set up oil refineries in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

called a member of the Commission on oil and energy MP Bayazid Hassan, the government need to encourage private sector companies to set up a giant oil refineries in the country to meet the local need of fuel and activating the role of the private sector. Hassan said in a press statement that “Iraq is still importing petroleum products from abroad because of the lack of available oil refineries in the country, so you... 

Central bank: a marked reduction of Iraqis in the stock market

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August 12 / August 2013 10:53 BAGHDAD – Awan Iraqi Central Bank announced on Monday, for a significant decrease of the number of non-Iraqis dealers in the stock market. The bank said in a statement seen by “Awan” The trading volume (non-Iraqi) to the banking sector fell to 2.2 billion dinars ($ 1.9 million), up 66 percent from the same period of 2012, amounting to 6.4 billion dinars. “ He pointed out that foreign... 

Central Bank of Iraq recognizes the existence of counterfeit banknotes in commercial markets

Posted by on Oct 28, 2013 | Leave a Comment

Baghdad-Iraq-12 August: the CBI acknowledged the existence of counterfeit banknotes in the commercial market, and the banks are all uncles take necessary. And called for an official document issued by the counting section in Directorate-General release and cupboards in the Iraqi Central Bank under the title (fake currency) to check on the possibility of the presence of counterfeit currency on deposits achieved in these... 

Parts of the draft brought the dinar will cause the country to lose billions of dollars annually to raise zeros currency should be given opportunity to restore power in global markets

Posted by on Oct 28, 2013 | Leave a Comment

  The lifting of international sanctions on Iraq Government before a historic opportunity to increase the value of the dinar to the highest levels against foreign currencies, by approving a Bill eliminated currency and which will reduce the size of the money supply and restore confidence to global oil balance added to Golden balance in international banks and successive political conflicts and contributed to the... 

Researcher: stable economy limits the money laundering in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

  08/13/2013 12:00 AM barely devoid of any society aspects of financial and administrative corruption, which is caused by a defect in the performance result of mistakes and forgetfulness, and deviation from the straight path abusing public power for private gain. believes economic researcher improve on that there is a relationship relational between the phenomenon of money laundering and financial and administrative... 

Cabinet approves draft law on the federal economic reform.

Posted by on Oct 28, 2013 | Leave a Comment

13/08/2013 16:11:00 Baghdad/ NINA /– The Council of Ministers approved in its 35th meeting headed Prime Minister Nuri al-Maliki today the draft Law of the Federal Economic Reform. According to a statement today, the Council of Ministers also approved the draft law to amend the regulation and legislation Law , noting that the two draft law has been referred to the Parliament.  Read More →

Economic Committee Member: Counterfeit Currency Has Effect on IQD Value

Posted by on Oct 28, 2013 | Leave a Comment

13-08-2013 01:13 PM Baghdad (newsletter). Member of the Economic Committee of the Kurdistan Alliance MP Jassem shankali, counterfeit currency has a great influence on the Iraqi economy, which will affect the value of the Iraqi dinar. Said shankali (News Agency): that counterfeiting increased recently and you because of the deteriorating security situation and rampant corruption in all parts of the State, as well as open... 

Challenges of Economic Reform Act

Posted by on Oct 27, 2013 | Leave a Comment

  26/08/2013 12:00 AM economic reform in Iraq, took his share of the statements and claims of official and parliamentary elections, media, and since the first day of the change and until this moment, all calls for economic reform after the distortions that hit the structure of the economy before and after the change, but the case went this way. Today has received circles of economic and interested and concerned with... 

National Meeting tentatively set for Sept 19th

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Maliki’s coalition: the national meeting will be held at the government palace in the presence of [350] Personal Friday, September 13 / September 2013 08:42 MP for the coalition of state law, Kadhim al-Bahadli, the location of the national meeting will be held at the Government Palace and ستحضره [350] character. It is hoped to hold a national meeting on [19] this month, during which the signing of the Charter... 

Parliament reschedules Election Law vote for Sept 24th

Posted by on Oct 27, 2013 | Leave a Comment

postpone the vote on the election law to the 24th of the current month Friday, September 13 / September 2013 14:33 [Baghdad - where] Authority announced the Presidency of the Council of Representatives to postpone the parliamentary session scheduled to vote on the law of the general elections to 24 of the current month of September. He was scheduled to hold a hearing to vote on the law next Thursday, 19 of the current... 

Vietnam central bank says $4 bln worth bad debts cleaned up

Posted by on Oct 27, 2013 | Leave a Comment

Last Updated: Monday, September 09, 2013 04:00:00 The banking sector has cleaned up VND85 trillion (US$4.02 billion) worth bad debts since the end of last year, bringing the ratio down to 4.68 percent as of June, the State Bank of Vietnam governor Nguyen Van Binh said. But it was higher than the 4.46 percent targeted by the central bank earlier. Binh said the bad debt figure had been more than 8 percent at the end of... 

Iraq: Slight rise in the inflation index for the month of August

Posted by on Oct 27, 2013 | Leave a Comment

15-09-2013-13: 07 Ministry of planning and development cooperation, Sunday, the slight rise in the inflation index for the month of August, noting that annual inflation has been stable, with the indicator Housing Department continues to significantly affect the high and low inflation. He said Ministry spokesman Abdel Zahra Al-Hindawi said in an interview for “alsumaria news” that “inflation for the month of August... 

Ministry of Planning intends to establish the launch of the next five-year plan Monday

Posted by on Oct 27, 2013 | Leave a Comment

09/12/2013 09:38 The ministry of Planning and Development Cooperation on Monday launching ceremony 2013-2017 five-year development plan in the presence of Prime Minister Nuri al-Maliki . According to a ministry statement on Thursday: The concert will be held at the Rashid Hotel in the presence of a number of ministers and members of the House of Representatives, governors and heads of provincial councils and representatives... 

Draft of 2014 budget complete; Not yet approved by Council of Ministers

Posted by on Oct 27, 2013 | Leave a Comment

Completion of the draft budget for 2014 and submit them to the Council of Ministers Posted on: 14/09/2013 09:28:09 Commission announced the economy and investment in the House of Representatives for the completion of the draft budget bill for next year 2014 is waiting for the adjournment of the Council of Ministers. A member of the Committee on the economy bloc MP Abdul Hussein Abtan citizen “The budget for 2014 submitted... 

Economic Commission invites to join the World Trade Organization (WTO)

Posted by on Oct 27, 2013 | Leave a Comment

A member of the Economic Commission MP Jassem شنكالي “that Iraq’s accession to the World Trade Organization will support the economy in terms of ensuring the receipt of goods of international standards for the country and promote economic and trade relations with various countries of the world,” he said, adding that mismanagement and worn out infrastructure led to a decline in Iraq economically. Alternate... 

Alkhozai calling for the United States to activate the strategic framework agreement

Posted by on Oct 27, 2013 | Leave a Comment

Magrec: Washington supports the role of Baghdad in the Syrian crisis Called on Vice-President of the republic Khodair al United States to provide more support for Iraq in all fields and activating the strategic framework agreement signed between the two countries. A statement by the Office of the Vice President of the Republic received the “morning,” a copy of it, that “Alkhozai received in his office on Saturday,... 

Finance member: legislation law protects bank deposits contributes to the support of the banking sector

Posted by on Oct 27, 2013 | Leave a Comment

12:01 15/09/2013 confirmed member of the Finance Committee MP Najib Najib, the need for legislation that protects bank deposits law for the advancement of economic reality. Najib said in a press statement that any law contributes to the support of the banking sector should do, especially since this sector is suffering a lot of problems which need to be legislation and take measures to promote it. She added: the government’s... 

Iraq is near WTO full membership, says Ministry of Commerce

Posted by on Oct 27, 2013 | Leave a Comment

Ministry of Commerce: Iraq is approaching to fulfill its obligations to join the World Trade Organization (WTO) 16/09/2013 13:18 Tomorrow Press / Baghdad: Ministry of Commerce announced on Monday that Iraq was nearing the fulfillment of all the requirements to join the World Trade Organization and the validity of all agreements it as a member state. Said Director of External Relations and Trade Ministry Hashim Mohammed... 

WTO Update: Iraq to follow and review the challenges faced by Brazil to achieve WTO accession

Posted by on Oct 27, 2013 | Leave a Comment

Iraq uses the Brazilian experience to join the World Trade Organization 16/09/2013 BAGHDAD / JD / .. Ministry of Commerce announced its participation in a training session for the Brazilian experience to join the World Trade Organization. The ministry said in a statement received / JD / copy of the established economic relations department in the ministry, in coordination with the Brazilian Embassy in Baghdad, a training... 

Expectations of the adoption of the 2014 budget year early

Posted by on Oct 27, 2013 | Leave a Comment

16/09/2013 12:00 AM Committee expected economic parliamentary approval of the general budget for 2014 in early this year compared to budgets in previous years. Committee member Rep. Nora Bijari said in a statement (morning) that the draft budget next year be found at the Ministry of Finance a budget large, as amounting to nearly 146 trillion dinars, and the ministry will send a copy of the budget to the Council of Ministers... 

PM Maliki ready to amend Investment Law to promote private sector

Posted by on Oct 27, 2013 | Leave a Comment

Maliki vows to “make amendments” to the Investment Law “cringe” the difficulties and private investors Editor: AJ, BS 15.09.2013 15:37 Prime Minister Nuri al-Maliki, said on Sunday that “the housing sector at the forefront of the priorities of his government,” and to have “projects for the construction of housing units and the distribution of pieces of land free of charge to the needy and the poor,” While... 

Deputy: Iraq ranks fourth globally in terms of oil reserves by more than 140 billion barrels

Posted by on Oct 27, 2013 | Leave a Comment

16-09-2013 12:39 PM Baghdad (newsletter). Vice-Chairman of the Committee, said the Deputy of the Kurdistan blocs Coalition/Ahmed Faizullah, Neil Iraq ranked fourth on the world level in terms of its known oil reserves, with more than 140 billion barrels, and the proportion (11%), to the third place after exploring new oil fields. He said Faizullah (News Agency): the International Energy Agency issued a report on oil reserves... 

Ministry of Planning launches national development plan for the years 2013 – 2017

Posted by on Oct 27, 2013 | Leave a Comment

Revenue will reach 812 trillion dinars The Ministry of Planning, on Monday, for “national development plan for the years 2013 – 2017″, and confirmed that its previous “did not achieve the desired success in the sectors of industry, housing and tourism,” while the Deputy Prime Minister for Energy Affairs Hussain al-Shahristani that the new plan “will focus on Industry mainly instead of oil “, he called on... 

On this Day in 1950: CBI issues first currency

Posted by on Oct 27, 2013 | Leave a Comment

6/09/2013 (00:01 pm) Happened on this day: the central bank and the first Iraqi currency The elevation of Abdul Razak Mohammed On this day in 1950 issued the first Iraqi currency, bearing the name of the Iraqi Central Bank, who took over the affairs of the Iraqi currency, issuance or replacement. Since 1900 the currency Ottoman are prevalent and traded so I went back (Bakjh) smaller currency Ottoman and value of the... 

Iraq ranks 6th in the number of wealthy in the Middle East

Posted by on Oct 27, 2013 | Leave a Comment

Baghdad / Mesalla: the company issued (Wealth – X), specialized in the various information and details for the world’s rich and the distribution of wealth around the world, the 2013 report on the distribution of the world’s rich and their fortunes in the five continents. According to the report, the total wealth owned by the richest man in the world comparable to (according to its estimates for this year) 27.8 trillion,... 

Finance Committe Member: Delay dropping zeros from IQD may harm economy; Chapter VII creates opportunity to drop zeros, raise value of IQD

Posted by on Oct 27, 2013 | Leave a Comment

16 Aug 2013 The lifting of the international sanctions from the Iraq government has taken place recently. This led as a chance for the Iraqi government to reduce the difference between Iraqi dinar and other foreign currencies. There are so many discussions taking place of late and most of the economists favor Iraq to omit zeros from its currencies. The Central Bank of Iraq is looking at this matter with high concern... 

Member of Finance Committee: National economy will grow in the coming period and the security situation doesn’t affect the work of companies in the country

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6-08-2013 11:47 AM Baghdad (newsletter). Member of the Finance Committee ruled out MP//Secretary Hadi, the security situation on the work of foreign companies operating in Iraq, likely improved national economy and increase its growth in the coming period. He said Hadi (News Agency): despite the security breaches that occur now and then in the country, it did not affect the work of foreign companies, there are a lot of... 

Maliki responsible for failure in establishing modern State in Iraq, says Lakash

Posted by on Oct 27, 2013 | Leave a Comment

Thursday, 15 August 2013 20:52 Baghdad (AIN) -MP, Mohamed al-Lakash, of the Citizen bloc held the Premier, Nouri al-Maliki, and those who flattered for him for the failure in establishing the modern State in Iraq. He stated to AIN “Maliki and other officials who supported him like the head of Badr Organization hold the legitimate responsibility for the failure in establishing the modern State that Iraqis wish.” “The... 

Oil Committee: the law of private investment in the field of oil will bring international companies

Posted by on Oct 27, 2013 | Leave a Comment

onfirmed the Commission on oil and energy parliamentary, it’s the process of an amendment the second law on private investment in the field of oil to encourage domestic and foreign companies to invest in the oil sector. Said decision of the Commission on oil MP / Kurdistan Alliance / Qassim Mohammed Qassem: that his committee had conducted an amendment to a preliminary law on private investment in the oil field, and... 

Member of Economic Committee: the CBI was able to improve the value of the dinar and reducing money laundering

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17-08-2013 12:40 PM Baghdad (newsletter). Member of the Committee praised the economy and investment/MP Abdul Al-Abbas sheyaa, the actions taken by the new management of the Central Bank regarding the improvement of the dinar exchange rate and money laundering, saying it restored the prestige of the Bank, which lost in the recent period. Said sheyaa (News Agency): the current management of the Central Bank was able to... 

Expert confirms the limited cases of money laundering

Posted by on Oct 27, 2013 | Leave a Comment

08/17/2013 12:00 AM denied expert competent affairs banking Abdul Rahman Shaykhli the existence of money laundering large in the country. pointed out in an interview for the (morning) to the possibility of reducing it by following all the means of care required under Law No. 93 of 2004 on combating money laundering and the recommendations emanating from the group Financial Action Task Force against money laundering, FATF. pointed... 

Economist: low stock value and the deteriorating security situation behind the decline of foreign transactions in the securities market

Posted by on Oct 27, 2013 | Leave a Comment

17-08-2013 07:01 AM Baghdad (newsletter). He attributed the economic analyst Ibrahim Al-Mashhadani, declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country. He said Mashhadani (News Agency): foreign investors worried about financial speculation and to buy stocks in Iraq market for securities because of the deteriorating security... 

Economist Opinion: Iraq needs new legislation to advance its economy

Posted by on Oct 27, 2013 | Leave a Comment

Swing economic laws are oscillating between Kevin .. Council of Ministers on the one hand and the House of Representatives on the other hand .. Without achieving any economic feasibility for the advancement of the Iraqi economy, which warned economists from sliding Iraqi economy spiral of collapse that ستبتلع the local market by issuing the Council of Ministers and the House Rules without being properly on the ground,... 

Prepartion to Join WTO; Iraq seeks to promote economic & trade relations with different countries to achieve economic integration

Posted by on Oct 27, 2013 | Leave a Comment

The signing of 80 of the Convention and 55 of the Commission for the development of economic relations 08/19/2013 12:00 AM Taan: activating the work of the committees to achieve economic integration with the countries Iraq seeks to promote economic and trade relations with different countries to achieve economic integration, including the achievement of mutual benefit and development of the economic reality and promotion... 

Member of economic committee of Iraq praised CBI for its recent actions

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19 Aug 2013 Member of the Committee praised the economy and investment/MP Abdul Al-Abbas sheyaa, for the actions that have been taken by the new management of Central Bank of Iraq regarding the improvement of Dinar exchange rate and to stop the severe issues like money laundering. He pointed out that such decisions have restored the prestige of the bank, which was lost in recent times. Sheyaa stated to a news agency,... 

Finance Committee: the recruitment of staff in the embassies to monitor money contraband

Posted by on Oct 27, 2013 | Leave a Comment

19/08/2013 Staff in the embassies to observe the transfer of funds contraband, asserting that Iraq is seeking to recover that money to the public treasury. said a member of the Finance Committee MP Najiba Najib Ibrahim told \ JD \ today: that Paradise is working to restore Iraqi funds that have been transferred out of the country in ways unknown and turned by companies or persons habitual ways that are not clearly visible... 

Maliki to visit United States of America in September

Posted by on Oct 27, 2013 | Leave a Comment

Monday, 19 August 2013 14:45 Baghdad (AIN) -The Premier, Nouri al-Maliki, will visit the United State of America in next September. The Minister of Foreign Affairs, Hoshyar Zebari, assured in a press statement “Maliki will visit the US soon,” expecting the visit to be “On next September.” “Maliki will discuss bilateral relations according to the Strategic Framework Agreement concluded between the two countries... 

Low stock value and deteriorating security made investors worried in Iraq

Posted by on Oct 27, 2013 | Leave a Comment

19 Aug 2013 Economic Analyst, Ibrahim Al-Mashhadani attributed that declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country. He stated that the foreign investors are worried on the financial speculations of the country. Investors are concerned about buying stocks in Iraq market for securities because of the deteriorating security... 

Zebari expressed appreciation for the efforts of the “UNAMI” to remove Iraq from Chapter VII

Posted by on Oct 27, 2013 | Leave a Comment

The meeting saw the research activities of the UN mission in Iraq and the keenness of the government and the Ministry of Foreign Affairs to facilitate the task and work internationalist mission within its mandate and in coordination with the Government He Iraqi Foreign Minister Hoshyar Zebari, on Monday, expressed his appreciation for the efforts of the United Nations Mission (UNAMI) to remove Iraq from Chapter provisions... 

Feltman concludes his visit to Iraq to download the Iraqi political class responsible for the current situation because of political deadlock

Posted by on Oct 27, 2013 | Leave a Comment

Concluded Under-Secretary-General for Political Affairs of the United Nations Mission Jeffrey Feltman, on Monday, the two-day visit to Iraq to keep close to the point of view of Iraqi politicians with regard to the internal situation and the events of the region. The mission said in a statement that “Feltman concluded his visit to participate ceremony was held in the capital Baghdad, on the occasion of the 10th anniversary... 

Zebari, Feltman discuss Iraq’s relations with the United Nations and the latest developments of regional and international

Posted by on Oct 27, 2013 | Leave a Comment

Research and Foreign Minister Hoshyar Zebari on Monday, with the Deputy Secretary General for Political Affairs Jeffrey Feltman, Iraq’s relations with the United Nations and its mission in Iraq UNAMI ‘ According to a statement of Foreign Affairs: The meeting included discussed the activities of the UN mission in Iraq and the keenness of the government and the Ministry of Foreign Affairs to facilitate the task and... 
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