Shi’ite lawmakers: the rule of law disintegrated

Posted by on Aug 04, 2014 | Leave a Comment

said three of the deputies, on Saturday, that’s insistence reference Najaf on the application of the principle of “Change and Reform,” which advocated by most of the national forces, may resolve the position of most of the parties within the National Alliance, which has become convinced of providing an alternative candidate for Nouri al-Maliki, head of the caretaker government, pointing out that the Liberals and... 

Speaker: the situation in Iraq and the country’s complex federal state indivisible

Posted by on Jul 23, 2014 | Leave a Comment

Speaker: the situation in Iraq and the country’s complex federal state indivisible BAGHDAD / Baghdadi News / .. The head of the Iraqi parliament, Salim al, said on Sunday that the situation taking place in Iraq is complex, noting that federal, state indivisible. The House of Representatives voted at its third meeting held Tuesday (15/07/2014), a majority on the assumption MP Salim al-president of the Council at... 

Iraq elects new parliament speaker, Saleem al-Jobouri

Posted by on Jul 16, 2014 | Leave a Comment

The parliament voted on Saleem al-Jobouri, as its Speaker. Jobouri has got 194 votes, whereas Ishraq al-Abaichi, who was nominated for the same post has got 19 votes. // LINK  Read More →

Barzani calls on al-Sistani to prevent al-Maliki to become PM again

Posted by on Jul 03, 2014 | Leave a Comment

Erbil / NINA / President of Kurdistan, Massoud Barzani sent on Wednesday a message to the religious authority, Ali al-Sistani, urging him to intervene with the aim not to allow Prime Minister Nuri al-Maliki in the job for a third term. Head of the Kurdistan Democratic Party in the House of Representatives Khosro Goran said in a press statement today that the message also includes an emphasis on the spirit of Arab-Kurdish... 

Prospects of Shiite ‘National Alliance’ Hinge on Maliki

Posted by on May 24, 2014 | Leave a Comment

Even before the Iraqi parliamentary election results were announced, the competing Shiite groups started talking about restoring the National Alliance, composed of Iraq’s leading Shiite parties. There was a special emphasis on the need to turn it into an effective “institution” led by a collective leadership, according to the statement on May 16 by the Islamic Fadila Party after its leadership met with that of the... 

Iraq’s Maliki wins largest share of votes in elections-official

Posted by on May 21, 2014 | Leave a Comment

BAGHDAD, – Prime Minister Nouri Maliki won the largest share of Iraqi parliamentary seats in last month’s national elections, according to preliminary results released on Monday. The results dealt a blow to Shi’ite, Sunni and Kurdish rivals seeking to prevent him serving a third term. Maliki won at least 93 seats, far more than his two main Shi’ite rivals, the movement of Muqtada Sadr and the Islamic Supreme... 

Trends Center publishes the results of the parliamentary elections in Iraq by 90%

Posted by on May 13, 2014 | Leave a Comment

Posted center trends specialist opinion polls, tonight, new results of the elections, he said is “in accordance with the final touches developed by the audit teams to preliminary results of the parliamentary elections in Iraq in 2014. He said the center said, “These results represent about 90% of the election results after making divisions necessary by experts Centre and the distribution of the total vote... 

al-Moussawi: We have reached an agreement with the Kurds on the budget

Posted by on Apr 18, 2014 | Leave a Comment

MP for the coalition of state law Salman al-Moussawi, on Thursday, for the coalition to reach agreement with the Kurds on the Law of the federal budget, and while noting that the position of the last change at the last minute, said that the law will pass in spite of political differences. Moussawi said for “tomorrow’s Press,” said that “some political blocs are provoking a coalition of state law concerning the... 

Kurds are demanding to attend Sunday’s session of parliament and the presidency of the agreement amended the oil

Posted by on Mar 14, 2014 | Leave a Comment

Stipulated that the Kurdistan Alliance bloc presence in the meeting of the Council of Representatives next Sunday the agreement of the Presidency of the Council on the agenda, including the budget for fiscal 2014. . It is said that due to discuss the budget and was the first reading in the parliament session Sunday amid continuing differences between the blocks around it, especially in relation to a share of the Kurdistan... 

Allawi calls on the Iraqi prime minister to resign

Posted by on Mar 10, 2014 | Leave a Comment

the next parliamentary elections Sunday Iraqi Prime Minister Nuri al-Maliki to offer his resignation and the formation of a caretaker government charged with the responsibility of procedures of parliamentary elections to be held on April 30 next year. According to the National Coalition, in a press statement, that the “coalition of the national do not see any future for the current government must be replaced by a caretaker... 

Kamal Saadi Arrested for Rigging the Iraqi Currency

Posted by on Mar 06, 2014 | Leave a Comment

A security source said a patrol of the counter-terrorism force arrested at dawn yesterday, official protection of the deputy in the State of Law coalition Kamal Saadi and possession of money forged Iraqi, said the source, who did not want to disclose the identity of the sensitivity of the situation that the phones of officials and influential quick release of fake, noting that the money that seized in his possession were... 

Parliamentary Finance Committee Announced What it Called for the Preparation of a Road Map to Repair the Banking System in Iraq

Posted by on Feb 20, 2014 | Leave a Comment

The head of the committee in a joint news conference with a number of members of the committee in Baghdad today and was attended by the correspondent of the Euphrates News Agency  “The Finance Committee today held a workshop with representatives of private banks, government and central bank to launch its final report on reforming the banking system in Iraq.” He explained that “this reform will provide... 

Economic Committee Member: raise zeros from the currency had been postponed because of fears of fraud and money laundering

Posted by on Feb 18, 2014 | Leave a Comment

A member of the parliamentary Economic Committee Qusay Ebadi that the issue of lifting of the zeroes of the process has been postponed to another slogan because there are fears the government of money laundering and fraud. According to al-Abadi told all of Iraq [where] today that “the Iraqi Central Bank expressed its readiness over a year ago to raise zeros from the Iraqi currency, noting that the laws and the Constitution... 

Maliki calls for Parliament to speed up the ratification of the budget law

Posted by on Feb 07, 2014 | Leave a Comment

Prime Minister Nuri al-Maliki, on Wednesday, the parliament to speed up the ratification of the General Budget Law, as he expressed concern at the continuing controversy around it. Maliki said in his weekly and pursued “obelisk” “I am happy to approve the retirement law submitted by the government and subjected to a lot of controversy,” noting that “the government wanted by law targeting the process of improving... 

Parliament next Tuesday to discuss the budget and the vote on the pension law

Posted by on Jan 24, 2014 | Leave a Comment

A parliamentary source announced that the next meeting of the Council of Representatives will be held on Tuesday of next week. And failed in the House of Representatives held its last Thursday for lack of quorum in spite of receiving the budget bill for the fiscal year of 2014. The source told all of Iraq [where] on Thursday that “Parliament will hold its meeting next Tuesday and the agenda of the meeting will include... 

Finance announces the allocation of five dollars for every barrel produced in the provinces of the budget and affirming the possibility of fully paid

Posted by on Jan 23, 2014 | Leave a Comment

Ministry of Finance announced the allocation of five dollars from each barrel of oil-producing provinces in the federal budget for the current year, afterthought inability to pay the amount at once. The finance minister said the agency purity of net debt at a news conference today attended by the correspondent of the Euphrates {} “The law guarantees issued share of oil-producing provinces and gas law, a right to take... 

The Objectives of Monetary Policy to Achieve Economic Growth and Stability and Reduce the Unemployment Rate

Posted by on Jan 22, 2014 | Leave a Comment

The balance of the money market is a central The objectives of monetary policy to achieve economic growth and stability and reduce the unemployment rate, and the stability of prices of goods and services, as well as the stability of exchange rates, and improve the balance of payments position and achieved these goals by following the monetary policy tools of direct and indirect. That’s what started talking competent affairs... 

Iraqi Cabinet passes the budget bill despite Kurds omission

Posted by on Jan 16, 2014 | Leave a Comment

Iraqi Council of Ministers passed a law on the general budget for the current year 2014, despite the refusal by the Vice President of the Council example, has typically Minister Nuri Shaways and Kurds. An informed source, who asked not to be identified in an interview with “Twilight News, said that today’s Council meeting included a discussion of the budget law, and when I got to the discussion paragraph the amount... 

Ki-moon: the next election is an important opportunity to enhance the security and political stability in Iraq

Posted by on Jan 15, 2014 | Leave a Comment

Description secretary-general of the United Nations Ban Ki-moon, Iraqi parliamentary elections next to “enhance the security of the mission in Iraq.” Ki-moon said during a joint news conference with Prime Minister Nuri al-Maliki said on Monday that “the Iraqi general elections is an important opportunity to enhance the security and political stability in Iraq and another step in the democratic process.” Ki-moon... 

Parliament finishes reading four bills and to raise its the day after tomorrow

Posted by on Jan 09, 2014 | Leave a Comment

Raised the Presidency of the Council of Representatives, on Tuesday, the fourth session of the Council of the legislative term to final on Thursday, while the parliamentary source that the meeting witnessed a vote on the bill and the first and second readings of the four bills. The source said in an interview for “Alsumaria News”, “The Presidency of the Council of Representatives lifted, today, meeting... 

2014 will see significant changes in Iraq’s investment law, says National Investment Commission

Posted by on Jan 07, 2014 | Leave a Comment

BAGHDAD – Yasser incumbent – Hussein Tgb Tamimi, head of the National Investment Commission d. Sami al-Araji: that the Commission has been able to achieve its core that be a window of Iraq to the world through its openness to all continents in terms of investment and development, cross-marketed to the real needs of strategic projects for Iraq and has been able to attract major international companies which confirms... 

Maliki reveals the blueprint for the formation of an independent state recognized by the Gulf state

Posted by on Jan 06, 2014 | Leave a Comment

Prime Minister Nuri al-Maliki warned “some Arab countries that support terrorism,” as Cetktoa of his fire, revealing that “the Gulf state to support al-Qaeda and that there is a blueprint for the formation of an independent state to announce its recognition of him.” He said in a speech during the celebration central day Iraq that “the effort and awareness that Bzlnah to prove to others that Square sit-ins are... 

Bank for International Settlements shows more willingness to accept deposits from Iraq

Posted by on Dec 26, 2013 | Leave a Comment

Expressed the Bank for International Settlements, on Sunday, his willingness to accept more deposits Iraq has within the budget of the bank for the year 2014. According to a statement of the Central Bank, that “the Iraqi Central Bank has received notice from the Bank for International Settlements in Basel, in which he expressed his willingness to accept more deposits Iraq has within the budget of the BIS in 2014.” He... 

Economic Committee Member expects zeros to drop from currency by early 2015

Posted by on Dec 23, 2013 | Leave a Comment

Member of the Committee expected the economy and investment representative Aziz Sharif al-mayahi project raise zeros from the local currency early 2015. The Central Bank of Iraq more than two years studying the issue of lifting the zeros of the Iraqi currency but until now did not take firm decision on this matter. Mayahi said each agency Iraq IGN today that “raise zeros from the local currency has no negative impact... 

Deletion of Zeros would reduce spread of counterfeit currency

Posted by on Dec 23, 2013 | Leave a Comment

Urged the Economic Committee in the House of Representatives stakeholders from the central bank and security departments, placed on attention to counterfeiting because of their negative effects on the country’s economy, as an economist downplayed the significance of it being very limited. A member of the Economic Commission MP Amer Al-Fayez, warned of the seriousness of the impact of counterfeiting on the economy of... 

Iraq takes steps to develop its banking system

Posted by on Dec 20, 2013 | Leave a Comment

The Iraqi parliament has authorised the establishment of an institute for financial and banking training to develop the skills of government banking sector employees and bring them up to date with the latest electronic systems and technologies.   “Despite the enrolment of a number of their staff members in training courses and programmes inside the county and abroad, Iraqi banks are still in need of further efforts... 

The government set a imported goods covered by the law of customs tariff

Posted by on Dec 19, 2013 | Leave a Comment

Alsumaria News / Baghdad, Iraq’s cabinet decided on Tuesday, to approve the agenda imported goods covered by the application of the customs tariff law, decided to exempt a project to replace elevators City of Medicine of the Implementing Regulations of government contracts. said the General Secretariat of the Council of Ministers said in a statement, issued today, and received “Alsumaria News , “a copy... 

Conference for the demarcation of the maritime border with Kuwait and Iran

Posted by on Dec 19, 2013 | Leave a Comment

Nasraoui visit Saudi Arabia after Kuwait .. Basra is seeking to attract investment Basra – Saad Al-Sammak revealed the governor of Basra Majed Nasraoui closely conference for the demarcation of the maritime border and set up buoys with both Kuwait and Iran, according to the laws of the hybrid. comes at a time when it was announced Nasraoui closely to visit Saudi Arabia to discuss the prospects of investment after the... 

Iraq, Kuwait sign letter of understandings: Geography, economics elevate political coordination

Posted by on Dec 18, 2013 | Leave a Comment

Seeks two neighboring countries, Iraq and Kuwait to overcome the effects of past painful, and highlights them, the Iraqi invasion of Kuwait in the era of the former regime Aallgay 1991. In a sign of the relations between the two countries to their overriding a lot of differences, particularly the border, and reparations to Kuwait in the last period. According to Kuwaiti media, on Tuesday, said that “the meeting of the... 

Finance Committee Member projects 2014 budget will be sent to parliament this week

Posted by on Dec 17, 2013 | Leave a Comment

12.16.2013 Ahmed Mohamed parliamentary Finance Committee announced that the government will send a draft law on the federal budget to the House of Representatives during the current week. She said the adoption of the budget discussions will take two months at least. Committee Chairman MP Haider al-Abadi’s «future» yesterday that according to our information, the draft general budget of the federal government will... 

Finance Committee requests an explanation for reasons behind the delay in Iraq’s 2014

Posted by on Dec 16, 2013 | Leave a Comment

Baghdad morning sent the parliamentary Finance Committee, today, a request to clarify the reasons for the delay in sending the draft budget of 2014 to the House of Representatives worried about the delay in approval during the next four months. Said a member of the Finance Committee Hassan al-Bayati said in an interview to a reporter Center Brief for the Iraqi Media Network (IMN) “We fear failure to approve the 2014... 

Economic Committee Member: 2014 budget money will go to waste if we stayed on the old style did not go to a market economy

Posted by on Dec 16, 2013 | Leave a Comment

{Baghdad: Euphrates News} Committee warned the economy and investment representative of wasting money the federal fiscal budget for next year in case of staying on the old style in running things, and stressed the need to go to a market economy and dependence on investment and the private sector. A member of the Committee MP Salman al-Moussawi told {Euphrates News} that “all things conducive to the economic renaissance... 

Iraq’s Finance Committee pleased to see Tariff Act implemented; Pushes for more laws to benefit private sector

Posted by on Dec 13, 2013 | Leave a Comment

  12/13/2013 21:27 Tomorrow’s Press / Baghdad, described the parliamentary Finance Committee, on Wednesday, the government’s decision to apply tariffs to “right” demanding legislation to ensure that all laws supporting the private sector.   A member of the committee MP Hassan al-Bayati’s “Tomorrow’s Press,” “The Finance Committee has long demanded earlier that imposing tariffs on materials... 

Iraq Minister of Planning: Tariff law will apply to certain items beginning Jan 2, 2014

Posted by on Dec 11, 2013 | Leave a Comment

Published on Tuesday, 10 January 1 / December 2013 09:54 According to the Ministry of Planning, said Tuesday that it will apply the system of customs tariffs with effect from 2 Canton next second. He said Planning Minister Ali Shukri for “time”, “The customs tariff will include luxury materials and all secondary materials that do not directly affecting the lives of citizens.” Shukri pointed out that “implementation... 

The oil investment law would boost the oil sector and development

Posted by on Dec 11, 2013 | Leave a Comment

Baghdad (newsletter). Oil and Energy Committee, the importance of read investment Bill, because it will boost the oil sector by attracting foreign and domestic companies to invest in the oil sector. The oil Commission said MP/Kurdish Alliance (News Agency): the old oil investment law was seen on the investor ‘ thief ‘ for riches, but after the amendments before the Parliamentary Committee on oil specialists to make... 

Opening of foreign banks in Iraq would strengthen the banking sector and its development

Posted by on Dec 11, 2013 | Leave a Comment

Baghdad (newsletter). Commission on the economy and investment, the importance of global banks to open branches in Iraq to create a competitive atmosphere among local and foreign banks to provide better banking services. The Rapporteur of the Committee, said MP/Kurdish Alliance/mahma Khalil (News Agency): the Iraqi banking sector is still lagging behind developments in global banks, therefore bringing global banks discreet... 

Economic representative Announces deferral of removal of zeros to the next parliamentary session

Posted by on Dec 11, 2013 | Leave a Comment

The parliamentary Economic Committee, announced the postponement of a draft Central Bank raising the zeros of the Iraqi currency to the next parliamentary session. Committee Member said the Deputy from the Kurdistan Alliance, najeeba Najib, both in Iraq, that “delete zeros from the former Department of the Central Bank in times of Sinan Al-Shabibi Former Bank Governor”. “There were preparations and preparations... 

Decline in the economy of the Kurdistan region because of the unstable security situation

Posted by on Dec 10, 2013 | Leave a Comment

Union announced the production in the Kurdistan region that the unstable security situation in Kurdistan impacted heavily on the economy represented by buying and selling, import and export. He said the Federation of production in Kurdistan, in a statement received by the Euphrates {} copy of it on Sunday that “the violence and the phenomenon of murder and suicide have increased in the past few months in the Kurdistan... 

Iraq Oil Ministry Agrees on UN oversight of Kurdistan Oil Revenues

Posted by on Dec 07, 2013 | Leave a Comment

revealed the Iraqi Oil Ministry, on Friday, for the approval of the Kurdistan region put its oil revenues at the expense of the United Nations in favor of Iraqi oil revenues, with the supervision of the central government on the quantity and quality of raw and management of revenues collected, while expected to testify this month to sign a formal agreement is on impact of the resumption of exports of the region through... 

Iraq Oil & Energy Committee says no agreement between Baghdad, Kurdistan yet

Posted by on Dec 07, 2013 | Leave a Comment

Baghdad (newsletter).The Committee on oil and energy parliamentary it support any agreement between Baghdad and Erbil to export oil region crisis, indicating that the recent agreement between the parties was not offered as not in the ‘ core ‘ work. Member of the Parliamentary Committee on oil and energy Awad Al-Awadi (News Agency news): ‘ we believe the parties and the Centre are seeking to resolve the dispute over... 

UN envoy meets Iraqi Human Rights Minister over Kuwaiti MIAs

Posted by on Dec 06, 2013 | Leave a Comment

In a press statement, the Iraqi Ministry of Human Rights said the meeting focused on the file of searching for and returning of Kuwaiti missing in action (MIAs) as a result of the Iraqi invasion of Kuwait in 1990. It quoted Al-Sudani as saying that great strides were made in the efforts exerted to close this file. He lauded the extraordinary efforts exerted by the tripartite committee and its technical subcommittee to... 

Dropping zeros reflects the strength and evolution of the economy, says Economic Committee Member

Posted by on Dec 05, 2013 | Leave a Comment

A member of the parliamentary Economic Committee Abdul-Hussein Abtan said Tuesday that the “lifting of zeros from the Iraqi currency will not affect the economy, but it will reflect the evolution of the economy and the ability of Iraq cash. He Abtan told (the integrity of electronic) that “confirms the lifting of zeros clearer picture of the strength of the Iraqi economy and highlights the power of cash in the country.” He... 

Iraqi government and the Kurdistan region approaching an agreement on the sharing of oil revenues

Posted by on Dec 05, 2013 | Leave a Comment

despite sought by the Iraqi government to throw the ball in the stadiums Turkish and Kurdish on the issue of export of oil from the Kurdistan region through a special tube, the recriminations still persists between the two parties. Turkish Energy Minister Taner Yildiz, who concluded an agreement with Baghdad necessary government not to conclude any agreement with the Kurdistan Regional Government on the export of oil... 

Iraq progresses nine places in the classification of the International Atomic Energy Agency

Posted by on Dec 04, 2013 | Leave a Comment

Iraq’s progress nine places in the rankings of the International Atomic Energy Agency for its success in the management of radiation safety information. The Director General of the Department of awareness and the media environment in the Ministry of Environment Amir Ali Hassoun in a press statement received / Baghdadi News / copy of the “International Atomic Energy Agency (IAEA) provided Iraq nine ranks within... 

GOI predicts 2014 Budget will be presented to Council of Ministry within next two weeks

Posted by on Dec 02, 2013 | Leave a Comment

Federal Government predicted Sunday the completion of the federal budget for the year 2014 within the next two weeks. The most controversial point of the draft next year’s budget dues Kurdistan Region of Finance after the federal government sought to reduce the ratio to 10% instead of 17% compensation for financial losses she stopped by the region for the export of oil. The Minister of State for Parliamentary Affairs... 

Economy Committee warns of Iraq’s dependence on oil

Posted by on Nov 29, 2013 | Leave a Comment

11/29/2013 12:03 warned the parliamentary Economic Committee, the survival of the Iraqi economy is dependent on oil as a major source of the state, calling for a diversification of state revenues to avoid the financial problems of the country’s economic potential. The decision of the Committee Deputy Mahma Khalil: the federal budget revenues accounted for 95% of the oil, and this is an indication of a threat to the... 

Parliament Economic Committee calls for adoption of a strategic plan to diversify State revenues and reduce dependence on oil

Posted by on Nov 29, 2013 | Leave a Comment

Baghdad (newsletter). The parliamentary Economic Committee, warned that the Iraqi economy dependent on oil as the main source of State calling for diversification of State financial revenues to avoid potential economic problems of the country. The Rapporteur of the Committee, said MP mahma Khalil (News Agency): federal budget revenue constituting (95%) Of oil, this is an indication of a threat to the economy, as it would... 

Economic reform would be a qualitative leap in the development of the Iraqi economy

Posted by on Nov 27, 2013 | Leave a Comment

Baghdad (newsletter). She is a member of the Financial Committee MP/Kurdish Alliance/smart Najeeb, the importance of the economic reform and law which can happen . Najib said (News Agency): this law will spell economic policy and develop plans for the development of different sectors, calling on Parliament to speed up adoption and not deferred to the next parliamentary session. She added: the economic reform act would... 

Committee Member demands CBI to accelerate dropping of zeros process; It will boost economy by raising the IQD

Posted by on Nov 27, 2013 | Leave a Comment

Baghdad (news) .. A member of the Economic Commission MP / National Alliance / Ibrahim stirrup, that the high price of the dollar depends on the ratio of supply and demand in the auction sale of the currency in the central bank. said stirrup (of the Agency news): The high exchange rate of the U.S. dollar against the Iraqi dinar is affected by security conditions taking place in Iraq and demand it through legal or illegal... 

Iraq Deputy PM applauds how country was able to control inflation and reduce lending rates

Posted by on Nov 26, 2013 | Leave a Comment

  Deputy Prime Minister for Energy Hussain al-Shahristani, Monday, that Iraq was able to control the inflation, as well as its ability to reduce the interest banks to 6%, indicating that it is able to maintain the rate of economic growth for long periods. Shahristani said In his speech during the Business Forum and the Iraqi investment Frenchman in a good hotel, attended by “Alsumaria News”, “Iraq was able... 

Iraq and Romania sign four memorandum of understanding for the development of infrastructure

Posted by on Nov 26, 2013 | Leave a Comment

signed Iraq and Romania, in Bucharest four memorandums of understanding to develop the infrastructure of the Iraqi governorates and rehabilitation of companies, institutions and ministries of industry, agriculture, health and Provincial Affairs. came in a statement issued yesterday, the Office of the Deputy Prime Minister for Services Affairs Saleh al-Mutlaq, and received “morning”, a copy of it, that “Iraq... 

CBI to take new measures to improve the value of the Iraqi currency; Issuance of bonds

Posted by on Nov 23, 2013 | Leave a Comment

Confirmed a member of the Finance Committee Kurdistan Alliance MP Najiba Najib that the actions of the central bank to issue new bonds in dinars within the Bank’s policy to improve the value of the Iraqi currency against other currencies. Najib said in a statement on Friday, the former central bank bonds were in foreign currency, so the bank to issue bonds in Iraqi dinars for not restricting the currency to other currencies. She... 

Laws are needed, deletion of zeros process 1 to 2 years to apply: Committee Member

Posted by on Nov 22, 2013 | Leave a Comment

Baghdad: News Network Iraq – ruled out of the Commission of Economy in the House of Representatives, the deletion of zeros from the Iraqi currency during the next two years, indicating that the deletion of zeros depends on stability, security, political and economic. A member of the Economic Committee Abdul-Hussein al-Husseini in an interview that “the time is [in]appropriate to delete the zeros of the Iraqi currency,... 

Iraqs Finance Committee warns oil revenue distribution to citizens will increase inflation

Posted by on Nov 21, 2013 | Leave a Comment

Baghdad (newsletter). The parliamentary Finance Committee warned of the proposed allocation of oil revenues to citizens, it would increase inflation in the country would affect the federal budget. The Vice-Chairman of the Committee, said attorney Ahmed Faizullah (News Agency): the proposal made by some blocks distribution of part of the oil revenues to the budget will hurt people and the national economy by raising inflation... 

Iraq Offers Longer Credit to India

Posted by on Nov 19, 2013 | Leave a Comment

The head of refineries at Hindustan Petroleum (HPCL) has told Reuters that Iraq is willing to double the credit period on crude sales to 60 days if Indian refiners buy more in 2014. “Iraq is very positive. They are willing to raise credit period to 60 days and waive off opening of letters of credit (LCs) provided volumes are increased.“ Iraq has stepped up sales to India after sanctions made trade with Iran difficult. He... 

Finance Committee Member: local currency bond issuance would improve the value of the Iraqi dinar

Posted by on Nov 18, 2013 | Leave a Comment

Finance Committee MP/Kurdish Alliance/smart Najeeb, the new Central Bank issue bonds in dinars within the Bank’s policy to improve the value of the Iraqi currency against other currencies. Najib said that the Central Bank’s previous titles were in foreign currency, the Bank of dinar bond issue not to restrict its work to other currencies. She added that the Bank will increase the bond order for five years and hopes... 

Raising zeros from the Iraqi currency strengthens and raises the value of dinar, says economic committee member

Posted by on Nov 18, 2013 | Leave a Comment

Tomorrow Press / Baghdad: Take member of the Parliamentary Economic Commission MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015. Salman said “tomorrow’s Press,” that “there are countries engaged in the process of lifting the zeros and achieved success on the economic side,”... 

Finance parliamentary: Budget delayed due to the continuation of discussions between ministers of the Kurds and the federal government over the contentious points

Posted by on Nov 16, 2013 | Leave a Comment

Attributed Finance Committee Alnielyh, Friday, reasons for delay in the federal budget, discussions with representatives of the Kurdistan Alliance and the federal government about the points of contention between Baghdad and Erbil, especially those related to entitlements oil companies operating in the Kurdistan region, and the possibility of merging Peshmerga Ministry of Defence. A member of the parliamentary Finance... 

New legislation needed to develop banks and transform to free-market economy, says Finance Committee Member

Posted by on Nov 16, 2013 | Leave a Comment

Baghdad (newsletter). He is a member of the Finance Committee MP/iraqiya Hassan Al-Bayati, the need for a new law to keep pace with the evolution of international banks to develop the work of the local banks. He said Al-Bayati (News Agency): the amendment to the Banking Act of 2004 new purpose because many legal loopholes was hindering the work of the local banks, especially in the use of modern technologies in banking. He... 

Kurdistan: World Bank subsidiary (IFC) to open office in its region

Posted by on Nov 16, 2013 | Leave a Comment

Arbil / News Network Iraq – announced the Kurdistan Regional Government’s intention to the International Finance Corporation (IFC), a member of the World Bank Group, to open an office in the Kurdistan Region. Said in a statement to the government today: that (IFC), the largest development institution global focus in particular on the private sector in the countries of the Middle East and North Africa, expressed during... 

Deputy for the “Iraqi”: al-Maliki ordered the protection of foreign companies and they respect the privacy of the region

Posted by on Nov 15, 2013 | Leave a Comment

The member of the Iraqi List, Wednesday, companies operating in Iraq to respect the privacy and feelings of the region, stressing at the same time that the attack on the British engineer is not true, it is supposed to accommodate Islamic morality. The MP said Qusay al-Abadi, told the “Awan”, that “the foreign companies operating in Iraq to appreciate and respect the feelings of the region in which it... 

Parliament cancels Sunday session, starts its Legislation Recession

Posted by on Nov 15, 2013 | Leave a Comment

Baghdad (NINA) – Parliament’s Presidency decided to cancel its Sunday’s session and starts it Legislation Recession, as from Friday, Nov. 15. A statement to the press issues on Wednesday, Nov. 14, by the Speaker’s Office said that the recession starts as from Friday, Nov. 15, until Dec. 15, unless an extra ordinary session is called for to pass important legislation, such as the 2014 Budget. //  Read More →

Iraqis abroad to participate in upcoming parliamentary elections, confirms Human Rights

Posted by on Nov 14, 2013 | Leave a Comment

The Ministry of Human Rights,announced Sunday , the Independent Higher Commission for Elections is coordinating with Ministry of Foreign Affairs ,over the necessary measures regarding Iraqis abroad participating in the coming elections. A statement by the Information Office of the Ministry of Human Rights received by Alforat News Agency Sunday cited ” Some of media have published news over election law ignoring... 

Parliament gives the government three days to send the budget bill before the legislative recess

Posted by on Nov 14, 2013 | Leave a Comment

Baghdad, granting the House of Representatives by the Iraqi government for 3 days to send the general budget for 2014 to the Council, as the deadline before the start of the legislative recess in the event of non-arrival of the budget in the prescribed period. The decision of the House of Representatives Muhammad Al-Khalidi in a news conference attended / Iraq Press /, said Tuesday that “if the non-arrival of the budget... 

Iraq Ministry of Finance is seeking to adopt the electronic system in banks

Posted by on Nov 13, 2013 | Leave a Comment

Baghdad, Sabah Ahmed Abed Rabbo , the Ministry of Finance to adopt labor-mail in government banks instead of the manual in collaboration with the World Bank within the project of restructuring the banks, while stressing the Land Bank that this process needs to control and audit electronic severe to prevent money laundering. Said Deputy Finance Minister Fadhil Abdul-Nabi statement (morning) that the ministry is currently... 

In preparation for the 2014 elections; Electoral Commission opens the voter registration update centers today

Posted by on Nov 13, 2013 | Leave a Comment

Allocated more than 155 billion dinars for the project electronic registration Baghdad morning announced the Electoral Commission for elections, it will be opened today, more of 1080 centers to update the voter register, as pointed out it has allocated more than 155 billion dinars to support the electronic registration which will be adopted in the coming elections. Chief electoral administration Mekdad Sharifi at a press... 

Iraq submits request for Russia to provide satellite images of mass graves containing the remains of Kuwaitis

Posted by on Nov 13, 2013 | Leave a Comment

Iraq submitted a request to Russia for providing satellite images of mass graves committed by the former regime. The Secretary-General of the United Nations Ban Ki-moon in a report during a meeting of the UN Security Council on Monday that “the Iraqi Foreign Ministry waiting for a response from the Russian government regarding its request images via satellite to mass graves dating back to the years 1990 and 1991.” Moon... 

Adoption of the law of parties after the passage of the budget

Posted by on Nov 12, 2013 | Leave a Comment

Congress assert the “morning” that attempts to destinations to block legislation BAGHDAD – morning seeking the House of Representatives to end differences on the law of parties and voting on it after the passage of the general budget for the year 2014, according to uncover the source of a parliamentary early “morning.” the source said: “The Presidency House of Representatives told the parliamentary blocs all... 

MP Nassif calls for Iraq to take more pivotal role at UN; Also calls for follow-up on frozen Iraqi funds

Posted by on Nov 12, 2013 | Leave a Comment

MP for the coalition called the Iraqi Free high Nassif and the Ministry of Foreign Affairs to integrate Iraq to the international community and get the entitlements in the seats of the committees of the United Nations and follow-up of frozen Iraqi funds. She told him the Information Office of the coalition: “Despite the passage of more than 10 years to change Iraq remains the country is moving in the international community... 

Parliament member says, New election law will likely lead to some political changes

Posted by on Nov 11, 2013 | Leave a Comment

Praised a member of the Committee of the Regions parliamentary and provincial Iqbal coracoid electoral law and said it includes all the ingredients and there is no political marginalization or exclusion except for not abuse the Kurds with Faili Kurds and give them their entitlement just like any other minorities. “ Coracoid said in a statement received by the agency all of Iraq [where] a copy of “some small blocks... 

Laws in Iraq need amending to stop restrictions on private banks, says director of the International Centre for Consulting and Studies

Posted by on Nov 11, 2013 | Leave a Comment

Mana: private banks move to amend their laws restricting 11/09/2013 12:00 AM He stressed that Iraq would emerge from Chapter VII chance her called the director of the International Centre for Consulting and studies to the need to reconsider, revise and amend the law on banks, leading to the liberation from the constraints in order to be launched towards the strengthening of the capacity of the national economy and rise... 

Newspaper: Kurdistan is seeking independence with the aid of Turkey; U.S. expresses concern

Posted by on Nov 11, 2013 | Leave a Comment

The newspaper said Washington Post of America said that “the Kurdistan region is looking forward to realizing the dream of the long-awaited independence with the help of Turkey, at a time when the rest of Iraq a wave of violence and bombings.” The newspaper pointed out in its report that “the Kurdistan act already in many aspects as a sovereign state, providing the Kurdish authorities all public services, and leads... 

Iraq: Parliaments next meeting held on November 17th

Posted by on Nov 09, 2013 | Leave a Comment

The Presidency of the Council of Representatives announced on Friday to postpone the planned its next meeting, on Wednesday, to 17 of the current month of November. A statement by the Presidency of the Council received a (Presse term) a copy of it, that “the Presidency of the Council decided to postpone the meeting of the Council scheduled for Wednesday, 13/11 and on Sunday, 17.11.2013.” The House of Representatives... 

Finance Committee Member: House of Representatives responsible for the failure of the banking sector

Posted by on Nov 08, 2013 | Leave a Comment

Baghdad (news) .. Download a member of the Finance Committee MP / coalition of Kurdish blocs / Dler Qadir, the Iraqi parliament responsibility for failure of the banking sector, not being able to enactment of the necessary local banks to develop their work. said is capable (of the Agency news): The CBI does not assume responsibility back winning the work of the banking sector, because it’s obligations and busy now how... 

An expert in Iraqi affairs: “There will be a light at the end of the long tunnel of Iraq”

Posted by on Nov 08, 2013 | Leave a Comment

U.S. sees a specialist on Iraq, Michael Knights It optimistic than pessimistic, asserting that “Iraq’s long tunnel, it will be at the end of the light.” The Knights, an expert at the Washington Institute for the Near East, said that “after 20 years, I think that Iraq would be out of the current ordeal, and will be a leading country, tolerant and open.” He said that “a lot of media images about the problems... 

Biden welcomes the adoption of Iraq election law and praises led by al-Maliki and Najafi and Barzani

Posted by on Nov 06, 2013 | Leave a Comment

// was Vice President, for his country’s welcome to pass Iraq’s election law, saying that the consensus that happened today showed the power of democratic institutions in Iraq, praising led by Prime Minister Nuri al-Maliki and parliament speaker Osama al-Nujaifi and Kurdish regional President Massoud Barzani. said Joseph Biden In a statement posted on the U.S. Embassy in Baghdad, seen by “Alsumaria News”, “The... 

United Nations welcomes the adoption of the electoral law and urges the creation of a stable environment for elections

Posted by on Nov 06, 2013 | Leave a Comment

Welcomed the United Nations Mission in Iraq [UNAMI] approval of the House of Representatives for the new election law. A statement by the UNAMI Agency has received all of Iraq [where] a copy of it today that “Nations Special Representative of the Secretary-General of the United Nations in Iraq, Nikolay Mladenov congratulated the House of Representatives to pass the law of national elections yesterday, said that the... 

Iraqi parliament voted to ratify election law

Posted by on Nov 05, 2013 | Leave a Comment

House of Representatives voted to ratify the election law after a long labor and debates between the blocks that lasted several months. The vote came on the ratification law after being approved to determine the number of seats by 328 seats in its upcoming 2014 election and ensure determine quota seats eight seats spread over five seats for Christians and providers and one for each of the Shabak, right and Yazidis. “ According... 

Iraq 2014 Election News: Iraq VP sets parliamentary polls for April 30, 2014

Posted by on Nov 04, 2013 | Leave a Comment

AFP – Iraq’s vice president announced Monday that parliamentary polls will be held on April 30, 2014, confirming an earlier parliament decision, though lawmakers have yet to approve rules governing the election. //  Read More →

Iraq participates in 3rd round of WTO negotiations as a prelude to accession to the World Trade Organization (WTO)

Posted by on Nov 04, 2013 | Leave a Comment

Baghdad, Ahmed Abed Rabbo plans to the Ministry of Commerce access round the negotiating third special file of trade in goods and for the accession of Iraq to the World Trade Organization, called upon the Ministry of Planning, the concerned government authorities to provide special requirements to join. said Director of the Department of Foreign Economic Relations at the Ministry of Trade Hashim Mohammed Hatem “morning... 

Parliament continues its debate on election law

Posted by on Nov 04, 2013 | Leave a Comment

The meeting will also include the continuation of the second reading of the law of contract, and the first reading of the proposed law Kirkuk Provincial Council elections Baghdad / Mesalla: the Iraqi Council of Representatives began headed by Osama Najafi its complementary yesterday in order to Altusit the Parliamentary Elections Act, and the continuation of the second reading of the Unified Retirement Act. A parliamentary... 

Zebari Receives Belarusian Delegation

Posted by on Nov 02, 2013 | Leave a Comment

Posted on 31 October 2013 Minister of Foreign Affairs, Hoshyar Zebari, recently received the Undersecretary of the Belarusian Ministry of Foreign Affairs, Valentine Rybakov, and the Head of the of Africa and Middle East Department at the Belarusian Ministry of Foreign Affairs, Igor Alexandrevich. The meeting discussed relations between the two countries and strengthening political, economic, trade, education and agriculture... 

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,... 

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,... 

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

Posted by on Oct 29, 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... 

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... 

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... 
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