Attorney Mayahi warns of pumping counterfeit currency through the process of changing damaged by a new categories by the Central Bank

 10/30/2012

Baghdad (news) .. Warned member Economic Commission MP / Iraqi bloc white / Aziz Mayahi, from the exploitation of some gangs pumping counterfeit currency into the market through the process of switching categories damaged not new from the existing currency by the central bank, calling for taking important steps to tighten control on the process of change to prevent this from happening .
Said Mayahi (of the Agency news): After the failure to reach an agreement to implement a project to change the existing currency by deleting the three zeroes from the current period, Valtjo central bank about the currency exchange current damaged to another through a new contract with a foreign company to do so.

He added: the process must be implemented in accordance with legal procedures tight because there are criminal gangs specialized economic counterfeiting currency to take advantage of this opportunity to put forged categories to the local market, thus affecting the financial and economic situation of the country.

The Central Bank of Iraq, his contract with the British company to replace damaged currency with new ones, stressing that the replacement process will be the beginning of the month of November, as pointed out that these currencies are only 1% of the currency in circulation in the market.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that "the bank has contracted with a British company specialized printing currency to print in small denominations which the 250 dinars and the JD 1000, for the purpose of replacing damaged with new ones," noting that "this company is one of the large companies, which are printed nearly 60% of the world's currencies. "

And citizens suffer from the difficulty of buying small groups of markets due to damage and rupture most especially the two categories of the 250 and 1000 dinars. / End / 8. N. P /

 

Link

Sherif Soliman: three presidencies is able to set a date to hold a national meeting .. and difficulty held

 10/30/2012

Baghdad (news) .. Warned member Economic Commission MP / Iraqi bloc white / Aziz Mayahi, from the exploitation of some gangs pumping counterfeit currency into the market through the process of switching categories damaged not new from the existing currency by the central bank, calling for taking important steps to tighten control on the process of change to prevent this from happening .
Said Mayahi (of the Agency news): After the failure to reach an agreement to implement a project to change the existing currency by deleting the three zeroes from the current period, Valtjo central bank about the currency exchange current damaged to another through a new contract with a foreign company to do so.

He added: the process must be implemented in accordance with legal procedures tight because there are criminal gangs specialized economic counterfeiting currency to take advantage of this opportunity to put forged categories to the local market, thus affecting the financial and economic situation of the country.

The Central Bank of Iraq, his contract with the British company to replace damaged currency with new ones, stressing that the replacement process will be the beginning of the month of November, as pointed out that these currencies are only 1% of the currency in circulation in the market.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that "the bank has contracted with a British company specialized printing currency to print in small denominations which the 250 dinars and the JD 1000, for the purpose of replacing damaged with new ones," noting that "this company is one of the large companies, which are printed nearly 60% of the world's currencies. "

And citizens suffer from the difficulty of buying small groups of markets due to damage and rupture most especially the two categories of the 250 and 1000 dinars. / End / 8. N. P /

 

Link

Financial expert expected stability of the exchange rate of the dinar against the dollar (1189)

  29/10/2012

Baghdad (news) .. Expected financial Habeer cute Abdul Salem Ugaili, the central bank's ability to reduce the value of the U.S. dollar against the Iraqi dinar in the coming period, stable price (1189) dinars.
And Zkralekala in a statement (of the Agency news): The central bank strives to reduce the value of the dollar against the dinar more during the coming period, and possibly up to the price (1189), which aspires to him central, and maintain the stability of the dinar.

And between: the price of the dollar against the dinar during the past six months non Mstqrhh, it swings between high and low, indicating that monetary policy in the country is facing major challenges.

Ugaili confirmed: that the central bank has proven its success and its ability to maintain the value of the national currency in lost these pressures.


The central bank allowed for (25) private banks to sell the dollar according to certain controls, and gives each bank weekly million (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit banks (10), JD to create a balance between the amount of currency displayed and the size of the growing demand to maintain the value of the dinar against the dollar. / end / 21. n. p /

 

Link

Close to him reveal for "news": Allawi asked President Talabani formal written pledge from Maliki to the implementation of the Arbil to sit at the table of dialogue

 28/10/2012

Baghdad (news) .. A source close to the head of the Iraqi List, Iyad Allawi, said that Allawi told the President of the Republic in the last meeting, which bring them in Baghdad, that the Iraqi List, Allawi personally, do not trust the prime minister because it did not abide by the commitments and agreements agreed.
The source said in a statement singled out by the Agency (news): The Allawi told President Talabani in their last meeting in Baghdad three weeks ago, he does not trust Maliki and any commitment expressed by the implementation of the political conventions.

The source revealed: that Allawi asked President Talabani writes that Prime Minister Nuri al-Maliki pledged in writing and formally implement the remainder of the Erbil agreement, then it will be meeting with al-Maliki and political partner for the sake of the country.

The source said: that Allawi will sit on the table of dialogue with al-Maliki after his pledge to the implementation of the Arbil, revealing pledge to the Iraqi people.

This seeks President Jalal Talabani to hold tripartite meetings and mass between the political leadership of the country, to resolve the crisis. / End / 3.. /

 

Link

Osama Jamil: Deportation of crises for the next parliamentary session will be solved .. Will soon be resolved

 10/27/2012

Erbil (news) .. Ills MP / Kurdistan Islamic Union / Osama Jamil, deport political crises for the next parliamentary session, to be held from resolved, and because the reluctance of the political blocs in the House of Representatives will change.
Jameel said in a statement to the Agency (news): The crisis between the federal government and the Kurdistan Region will remain constant until the end of the current parliamentary session, and there will be no solution.

He added: other political crises most will leave the session for the future, and that carried over will be difficult to solve, due to volume changes Parliamentary blocks in the next session of the House of Representatives, the mismatch will increase their seats and the other less.

The MP for the Islamic Union, that the repercussions of the crisis does not affect the operation of the House of Representatives dramatically, pointing out that the major political blocs want the Council to not be as strong.

The political arena is witnessing differences between the blocs, especially between Baghdad and Erbil, which has become, leaders differences, at the same time seeking the President to bring the views between the political blocs and holding national meeting which will hopefully take place next week. / End / 24. N. P /

 

Link

Rapporteur of the Committee on Economy: Dealing "Panevaalah" with the issue of the central bank will affect the financial situation of the country

 25/10/2012

Baghdad (news) .. Warned the decision of the Economic Commission MP / coalition of Kurdish blocs / Mahma Khalil, the probability of the impact the current issue of the Central Bank on the financial situation in the country in terms of lack of stability of the dinar exchange rate and prejudice Iraq's international reputation in the field of monetary policy.
Khalil said (of the Agency news) on Thursday: Dealing with the issue of the central bank and the province, "Panevaalah" by the investigative parliamentary and some stakeholders will affect the financial situation in the country and ستزعزع of Iraq's status of international hand cash transactions with international banks.

He added: supposed to be dealing with the issue of central bank professionally and efficiently away from the emotions and prefer to present to the House for discussion and development of solutions to them, because it is a sensitive issue and would hurt the balance sovereign country and adult (70) billion dollars.

The Cabinet voted during its regular Tuesday (16 October 2012), the prime BSA Abdul Basit Turki take over the management of the post of Governor of the Central Bank and the Agency.

A number of media, in (14 October 2012), sources monitoring the Iraqi judiciary issued an arrest warrant for bank governor Sinan al-Shabibi corruption charges, pointing out that the latter fled abroad after the issuance of the note, with the bank denied the news, saying that Governor is currently involved in an annual conference in Tokyo and will return to Baghdad.

And was a member of the investigative committee on the work of the Central Bank of Haitham al-Jubouri confirmed, (14 October 2012), the issuance of arrest warrants and travel ban against Central Bank Governor Sinan al-Shabibi and officials at the bank, and what was seen that the survival of portfolios abroad will prove corruption charges.

And demanded that the Finance Committee in the Iraqi Council of Representatives, on Monday (15 October 2012), Central Bank Governor indictees providing evidence, while some expressed fear that these accusations are "politically targeted" for the bank.

The central bank announced in January 2012, that the high exchange rate of the dollar against the Iraqi dinar in the Iraqi market, in addition to higher sales of hard currency back to finance trade neighboring countries by Iraqi traders, noting that sales of hard currency during the beginning of the current year reached double what was sold during 2011. / end / 8. n. p /

 

Link

Decision of the Committee on Energy: an agreement between Baghdad and Erbil to provide a draft oil and gas law for a vote HCL

 10/24/2012

Baghdad (news) .. said decision of the Commission on oil and energy MP / Kurdistan Alliance / Qassim Mohammed Mchkta, the Kurdish delegation that visited Baghdad agreed with Deputy Prime Minister for Affairs Energy and Oil Minister about the possibility of providing a draft law of oil and gas to the House of Representatives for a vote.
He Mchkta (of the Agency news): that the talks are continuing between the Governments of the Kurdistan Region and the federal government to agree on the vertebrae law of oil and gas from the Committee of Five problem of the Ministers of the Federal Oil and Kurdistan and the heads of parliamentary blocs and ending with the delegation of Kurdistan, who visited Baghdad and met with officials of the file oil in government Federal.

He added: that the delegation met with Deputy Prime Minister for Energy Affairs Hussain al-Shahristani and Oil Minister Abdul Karim and coffee to discuss the possibility of reaching an agreement between the local and federal governments to approve oil and gas law, which is one of the important laws in the country.

He guessed MP for the oil and energy to provide the oil and gas law to the House of Representatives at the end of the current year to be discussed and voted on.

There's oil and energy committee three drafts of the parliamentary oil and gas laws are drafted in 2007, the draft Government and the Committee a draft of the proposed law.

Since the adoption of the Constitution, such as the oil and gas law highlighted outstanding issues between Baghdad and Erbil did not succeed former House and the current finding consensus on a common formula for the oil and gas law.
Article (111) of the Constitution, "the oil and gas property of all the Iraqi people in all the regions and governorates," while Article (112). "

First that the federal government will administer oil and gas extracted from current fields with the governments of the producing regions and provinces, to be distributed and imports fairly commensurate with the population distribution in all parts of the country ". / End / 8. N. P /

Link

Kuwait agree on a financial settlement with Iraq on Kuwait Airways

23/10/2012

BAGHDAD / JD / .. Kuwait announced a financial settlement with Iraq on Kuwait Airways.
A statement from the Iraqi Foreign Ministry received / JD / copy of it: The Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid had contacted Foreign Minister Hoshyar Zebari, today, confirmed the approval of the State of Kuwait to resolve the issue of Kuwait Airways and signed Kuwaiti Amir Amiri Decree to decree Act for approval of a financial settlement that has been reached between the two sides.
The statement said that Kuwait law published today in the Official Gazette of Kuwait, and law firms have been informed in Britain to halt all proceedings on the Iraqi Airways and Iraqi property.
It showed the Iraqi Foreign Ministry that this resolution would lift all restrictions and complications on rebuilding Iraqi Airways and their freedom to buy new aircraft and the establishment of its air fleet.
The two sides have signed a final settlement of the fact that Iraq pay $ 500 million in compensation final to Kuwait Airways. / End / 22

Habib Terminal: the political scene has become a "series of crises" .. The need to hold a national meeting

 23/10/2012

Baghdad (news) .. According citizen bloc MP / National Alliance / Habib Terminal, that the political scene has become a "series of crises," and urged political blocs subtracting Multi majority government it is a step in the right direction.
Terminal said in a statement (of the Agency news): The national meeting is a step in the right direction because of the political process need to sit down political leaders at the same table and put all differences on that table.

He added: that the political scene has become a "series of crises" so I need to develop a mechanism to resolve the crisis and the presence of the need to hold national meeting in order to clarify who wants to pay the political process forward and does not want to.

The MP said the bloc citizen: that the national meeting will be held after Eid al-Adha and on the political blocs raised the subject of the government's majority in this meeting because it is a step in the right direction.
And was a member of the citizen Bloc MP / National Alliance / Ali inch, Shiddaly take solutions to the problems with the participation of all political blocs, including the Iraqi List.

He said an inch in an earlier statement (the news): The status quo political situation does not hurt the interests of all the political blocs and the country, and we must find a way appropriate to resolve the crisis and the outstanding issues between the blocs, explaining: that sitting delegation political Kurdistan Region with the National Alliance is a positive step for understanding on a lot of issues that discrepant. / end / 2.. /

 

Link

Deputy National: solving problems will be agreed upon at the national meeting and not ongoing dialogues

 23/10/2012

Baghdad (news) .. The member citizen Bloc MP / National Alliance / Karim Muhammadawi, that the solutions to the political crisis agreed upon by the masses at the national meeting and not dialogues in the capital Baghdad, because these dialogues to bring the views of the meeting.
Said Muhammadawi in a statement (of the Agency news) on Tuesday: The meetings that were held between the National Alliance and the Kurdistan region have been fruitful and positive, adding: that the delegation of the province were theses positive and optimistic to solve problems between Baghdad and Erbil and has a desire to order for a national consensus on these solutions.

The MP for the National: the solutions to the problems will be agreed upon and implemented during the national meeting and not the current dialogues conducted, noting: that each party has the political demands should be everyone's participation, including the list by political problems.
The MP for the National, to solve problems without taking the point of view of any block, the political crisis will remain stuck.

On the other hand, confirmed a member of a coalition of state law MP / National Alliance / Batoul Farouk, there is no need opinion or advice of the Iraqi List, in solving the outstanding problems between the federal government and the Kurdistan Region, as it pertains to the Constitution and its application, and not political problems.

Said Farouk (the news): The problems that have emerged recently between the federal government and the Kurdistan Region, due to violations exercised by the province not only be resolved through dialogue and convergence of views, adding: that these problems were related to the constitution and the application of its provisions as imports of oil and border crossings and other. / End / 7. n. p /

 

Link

Deputy for the National: a provincial delegation meeting with the National Alliance develop a suitable ground for national meeting

 22/10/2012

Baghdad (news) .. Take a member of a coalition of state law MP / National Alliance / Haitham al-Jubouri, a meeting political delegation to the Kurdistan Region with the National Alliance, a suitable ground to hold a national meeting and look at the paper coalition of political reform.
Jubouri said in a statement (of the Agency news) on Monday: There delegations from Kurdistan visiting Baghdad, the first political briefed on the latest developments political crisis and hold national meeting, and the other government to negotiate on the budget of the federal financial, explaining: that the meeting of the delegation's political province with national development ground suitable to hold a national meeting and the depth of mutual relations between the two sides and see the paper reform.

The MP for the National: to hold political meetings between the blocks, bring the views on finding political problems and get out of the current situation, as it will speed up the passage of laws that political differences in the House of Representatives.

The meeting of the National Alliance with the delegation's political Kurdistan, has come out in agreement that the Constitution is to be solutions to problems solutions Iraqi constitutionally based, which ensures that people and components of their rights and everyone is committed towards Iraq, has not seen a recent moves any meeting includes the Iraqi List in the industry solutions crisis. / end / 7.. /

 

Link

Financial agree to trade credit cation fill the next two months

21/10/2012

BAGHDAD / JD / .. and approved by the Ministry of Finance on Credit and Commerce Department amounts to provide the ration card items for the last two months of this year.
A member of the Economic Commission parliamentary deputy for the Iraqi List Nora البجاري's / JD /: "The Finance Minister has agreed to grant trade amounts are deducted from the budget that 2013 after ratification, to meet the needs of the ration card for the months of November and December for the current year."
The البجاري added that the financial allocations for the Ministry of Commerce is not enough to meet the need of the card for the last two months of each year, and presented a proposal to the Ministry of Finance to give trade these amounts as a religion, Retrieved from the allocations next year.
Upon issuance of the budget law No. 22 for the year 2012 was allocated (4) trillion dinars to secure the ration card items and $ (1.360) trillion dinars to support wheat and rice for the same year, becoming the allocation for the Ministry of Commerce five trillion and three hundred and sixty billion dinars.
The trade in an earlier statement, that amounts ration card items that should be available annually, distributed as follows four million and 400 thousand tons of wheat and one million tons rice and 800 tons of sugar and 500 thousand tons of baby formula and 600 thousand tons of edible oil. / End / 11 N.

Link

Khalidi: Talabani told Najafi and Maliki to hold national meeting after Eid ... The solutions will be prosthesis

 21/10/2012

Baghdad (news) .. confirmed the decision of the House of Representatives MP / coalition in Iraq / Mohammed al-Khalidi, that the existing Iraqi President Iyad Allawi will attend the meeting in case the national response to the demands of the list, noting that the only solution out of the crisis is "prosthetic solutions".
Khalidi said in a statement (of the Agency news): on the political blocs to sit at the dialogue table to resolve the problems that can be solved and the deportation of problems that are not solved to the next parliamentary session.

He added: President Jalal Talabani told Prime Minister Nuri al-Maliki and President of the House of Representatives Osama Nujaifi meeting after Eid al-Adha to prepare for a national meeting.

The MP said the coalition in Iraq: that the national meeting will not solve all the disputes it's a great day after day getting to it is expected that there will be "solutions prosthesis" better than the survival of the crisis intact.

The Khalidi: that the coalition, the Iraqi leader Iyad Allawi will attend the meeting in case the national response to the demands of the list.

The looming horizon of many political solutions posed by the leaders of the blocks in the event of the failure of the national meeting or attempts some out of the current situation, including the go for election early parliamentary or form a majority government political, with supports meeting (Erbil - Najaf) resorting to question Prime Minister Nuri al-Maliki The withdrawal of confidence with him. / end / 2.. /

 

Link

Kurdish dialogue delegation meets with Talabani in Baghdad ahead of his meetings with Iraqi parties

Sunday, October 21

Twilight News / An official source in the Kurdish negotiating delegation to Baghdad, Sunday, that the delegation arrived in Baghdad, on Saturday evening, and held a meeting with President Jalal Talabani, such as start بلقاءاته with Iraqi parties.

The source said in a statement to "Twilight News", "The delegation comprised of Barham Salih of the Patriotic Union of Kurdistan and Jaafar Ibrahim of the Kurdistan Democratic Party and Mohammad Haji Mahmoud, secretary of the Socialist Party of Kurdistan with representatives of other Kurdish parties.

The source said that "the delegation met with President Jalal Talabani in his office in Baghdad, yesterday evening, and discussed with him the political situation in Iraq and steps to address the outstanding issues between Baghdad and Erbil."

The source speculated that the Kurdish delegation begins, Sunday, talks with other Iraqi parties.

The Kurdish delegation dialogue which includes all Kurdish political parties except the MDC opposition has held a meeting with the President of Kurdistan, Massoud Barzani of the agreement on the bases upon which the negotiations with the other political parties to participate in the political process in Baghdad.

Link

Economy Parliamentary Committee warns of impact of Shabibi issue on the reputation of the Iraqi dinar internationally

 Saturday, November 20

 

Twilight News / confirmed for economic and investment commission parliamentary, Saturday, that the issue of Director CBI Shabibi, will have negative repercussions on the Iraqi economy and on his reputation, and as warned that what is happening will Iraq's money abroad for prosecution, stressed that no power over the Central Bank only through the Iraqi Council of Representatives.

The decision Khalil Committee Mahma in an interview with "Twilight News", "The issue Shabibi will have implications and repercussions is appropriate on the Iraqi economy aware of his reputation."

Khalil added that "the Iraqi Central Bank has an international reputation and must be preserved and observance and preserve the value of the Iraqi dinar at the global level", rejecting "the government's handling of the issue Shabibi through defamation by the media."

Khalil said that "the accused is innocent until proven guilty and was supposed to government wait while issued against central bank governor until he returned to the country and leave it to the judiciary and investigative committees in the House of Representatives to preserve the reputation of the bank and the Iraqi dinar away from escalation media."

Khalil continued, "The issue Shabibi still primitive Btorha and can handle this form of escalation, especially the position he has held very sensitive nor Sultan on the central bank only through the Iraqi Council of Representatives."

And Khalil stressed that "parliament when his appeal to its will discuss and looking issue Shabibi in all its dimensions and quietly and away from the escalation media and agitation", warning that "what is happening now could jeopardize Iraq's money to prosecution, especially as Iraq is still under Chapter VII."

A source familiar with the Council of Ministers, has revealed last Tuesday, in a statement for "Twilight News" The Council decided at its insulation Shabibi down after an investigation on financial corruption within the bank by one of the parliamentary committees (Finance Committee), and the appointment of Abdul Basit Turki Agency of the Central Bank.

It is said that the Supreme Judicial Council, had announced the day before yesterday, Thursday, for a case Central Bank Governor Sinan Shabibi judicial organ of the Court of integrity to decide the validity of the charges against him or not.

He warned the cleric Moqtada al-Sadr, the collapse of the country's economy as a result of "prime minister interventions work of the Central Bank," he said, calling the National Alliance to adopt his paper points made in the reform process.

Iraqi List, revealed earlier in the day Saturday, to discuss the issue of the sacking of Central Bank Governor Sinan al-Shabibi in the next session of the House of Representatives, usually dismiss Shabibi by the government "encroachment" on the authority of the House of Representatives.

Link

Iraq: Parliament discusses the sacking Shabibi after 18 days

 Saturday, November 20

Twilight News / revealed the Iraqi List, Saturday, to discuss the issue of the sacking of Central Bank Governor Sinan al-Shabibi in the next session of the House of Representatives, usually dismiss Shabibi by the government "encroachment" on the authority of the House of Representatives.

A member of the Iraqi List the Nabil Hrbo "Twilight News", "The House of Representatives will discuss the sacking Shabibi in his first session after resuming work, which will be held on the sixth of next month."

He explained that "sack Shabibi by the government is beyond the authority of Parliament."

And that "the government suddenly sent a letter to the House of Representatives at least show Shabibi, and it would have been better is the resolution agreement three Alrisat".

"The government's decision is harsh and fast and will affect the reputation of Iraq's economic global financial institutions."

The Iraqi government announced last Tuesday, for the dismissal of Central Bank Governor Sinan al-Shabibi from office on charges of financial corruption and the appointment of Abdul Basit Turki alternative until further notice.

The Supreme Judicial Council, announced last Thursday, the case for Central Bank Governor Sinan Shabibi judicial organ of the Court of integrity to decide the validity of the charges against him or not.

A spokesman for the Supreme Judicial Council, Abdul Sattar Bayraktar said in a statement received "Twilight News" copy that "frequency in the media of TV channels, newspapers and news agencies news attributed to an anonymous source refers to the intervention of Chief Justice Judge Medhat al-Mahmoud in the case Shabibi."

Link

Deputy warns of vibration dinar exchange rate and financial transactions by the current crisis, the central bank

 10/20/2012

Baghdad (news) .. Warned MP / coalition in Iraq / Qais Cdhir, of potentially affected by the current crisis, the central bank and exchange of accusations regarding the sale of hard currency, the exchange rate of the Iraqi dinar against the U.S. dollar, and the external financial transactions through the lack of confidence of international banks in dealing with Iraq.
Said Cdhir (of the Agency news) on Saturday: supposed to be there extremely cautious in dealing with the Central Bank by the committees formed to monitor the work and scrutinize all claims regarding breaches sale of hard currency in the auction because it is major financial institution reflects the credibility and transparency of the financial system in the country for global banks and international financial institutions.

He added: that the financial institution depends on the degree of credibility and reliability of the body that deals with In the event of a lack of confidence to those who carry on the management of the central bank, it will reflect badly on the country's financial system, which will affect the foreign dealings with international banks.

He pointed out: that the continuation of the crisis the central bank present and exchange of accusations between his administration may lead to reluctance to work central bank auction and therefore will affect the exchange rate of the dinar against foreign currency, calling for an end to the crisis as soon as possible to maintain the fiscal policy in the country. / Finished / 8 . d. Q /

 

Link

World Bank the impementation of strategic projects doubled grants for iraq

10/20/2012

BAGHDAD / JD / .. called on the World Bank representative in Iraq Maria Helen to go for the implementation of economic and development projects in addition to the development of the administrative aspects in all institutions.
She said in an interview / JD / World Bank works to finance several projects in this direction in excess of $ (800) million.
She said financing Atagaf process at this figure, pointing to increasing this number associated with the implementation of projects agreed upon in accordance with a specific time plans raise the confidence of international bank Iraqi side. Stressing that the implementation of strategic projects that will raise the number of donors to Iraq projects carried out by the World Bank.
The World Bank supports a program to support the private sector in Iraq and activating its potential executive / end / 21 h.

Link

Planing 60% allocated to the operating budget in 2013

10/20/2012

BAGHDAD / JD / .. revealed by the Ministry of Planning for the allocation of 60% of the general budget for 2013 for operating leases.
He said ministry spokesman Abdul Zahra al-Hindawi / JD /: "Budgeting for 2013 allocated 60% of which are operational, investment and 40%."
Hindawi pointed out that the investment budget of about 42 billion dinars, and 73 billion dinars for the operational ".
He noted that the percentage of the operating budget is expected to go up or down, indicating that the general budget is still with the government and numbers is not yet stable, and did not go out to the parliament. "
And identified the federal budget for Iraq for the next year by about $ 113 billion.
Ali Shukri Iraqi Planning Minister, in a press statement, said that the budget for next year calculated on the basis of the price of $ 85 for a barrel of oil, which defined by the International Monetary Fund, and committed Iraq by along with the adoption of the size of the export of oil by 2.6 million barrels per day, on the grounds that there are oil lines will enter production in the coming months.
The Iraqi Minister of Planning that were retained 17% stake Kurdistan region of the budget, after deducting the amounts of sovereign and governing such expenses ration card, and the Ministry of Defense and State to reach the remainder to 13.4% of the total budget. / Expired / 11 N /

Link

Today Kurdish delegation arrives in Baghdad to make sure of the specific budget that region

10/20/2012

BAGHDAD / JD / .. A member of the Iraqi Council of Representatives Kurdistan Alliance MP Mohsen al-Sadoun for the arrival of a delegation from the Kurdistan to Baghdad to make sure going forward specific territory.
Sadoun said / JD /: "The delegation includes figures of Kurdish political blocs headed by Vice President and Prime Minister Imad Ahmad and will meet with President Jalal Talabani first.
"The delegation that came specifically to make sure the federal budget specific to the region of the budget that in 2013."
He Sadoun "delegation will discuss the files in question between the region and the central government," noting it was the first visit of the delegation of Kurdish since the outbreak of the crisis between Baghdad and Kurdistan.
The Kurdistan Regional Government, announced in a press statement, the Deputy Prime Minister Imad Ahmed Kurdistan delegation will be headed by heading to Baghdad, confirmed the prime minister and a unified national strategy regarding the current situation and developments in the region.
The statement pointed out that "the Council of Ministers of the Kurdistan Region held its regular meeting seventeenth, headed by Prime Minister Nechirvan Barzani."
The statement pointed out that "in the facilitator of the meeting, which was held last Wednesday Prime Minister highlighted the meeting of the regional president Masoud Barzani with the political parties in the Kurdistan region to explain the results of his recent meeting with President of the Republic of Iraq."
The statement noted that "the meeting discussed the draft law the federal budget, which is under discussion in the Iraqi National Council, and to participate in the debate on this law, will head a delegation from the Kurdistan headed by Imad Ahmed, Deputy Prime Minister to Baghdad, where he will offer views of the Kurdistan Region on those points relevant province of Kurdistan. "
The Iraqi Minister of Planning Ali Shukri was retained 17% stake Kurdistan region of the budget, after deducting the amounts of sovereign and governing such expenses ration card, and the Ministry of Defense and State to reach the remainder to 13.4% of the total budget. / Expired / 11 n

Link

Vice mass citizen: national meeting to be held next month .. There are elements of the crisis is over

  18/10/2012

Baghdad (news) .. According citizen bloc MP / National Alliance / Furat al-Shara, the existence of the elements of the breakthrough is part of the crisis is the efforts of the President of the Republic and paper reforms, noting that the national meeting to be held next month.
Shara said in a statement (of the Agency news): There are many elements indicate the existence of a breakthrough to the current crisis, but this optimism is not severe because some attitudes are an obstacle to the resolution of all disputes.

He explained: that the efforts of President Jalal Talabani and his conversations with the leaders of political blocs in addition to put paper reforms and contained points are to receive the proposals of the political blocs and the delegation that will come to Baghdad from the Kurdistan Region and the demands of political blocs that could be implemented by reference to the Constitution all these indicators out of the current crisis by sitting briefly the political blocs on one table and put their differences.

The MP said the National Alliance to: national meeting to be held early next month, calling for political blocs to give up their demands and to deal seriously with the national meeting of justice on the part of the crisis.

The parties of the political process, held high hopes for the return of President Jalal Talabani in Baghdad after a trip treatment, which lasted three months in Germany, to resolve the political problems that have become influenced by the institutions of the state, but that this hope is weak because of statements convulsive launched by some political blocs . / end / 2. n. p /

 

Link

Expert: the establishment of a free trade zone between Iraq and the United Arab Emirates in Baghdad will enhance trade relations of the two countries and will serve the national economy

 18/10/2012

Baghdad (news) .. The economic expert Latif Abdul Salem Ugaili, the importance of the establishment of free economic zones in the country to support the national economy, adding that the talks between Iraq and the United Arab Emirates concerning the establishment of a free trade zone in Baghdad will promote commercial exchanges between the two countries and will serve the Iraqi economy.
Ugaili said (of the Agency news): that the free zones is one of the pillars upon which the national economy in developing countries in particular, and is defined as specific geographic areas subject to special laws and regulations contrasting what applies them to the rest of the state, noting that it enjoys the benefits and incentives make it outside the customs border of the country.

He added: imports and exports markets of the free zones are not subject to import and export controls and customs duty, any state that exempts materials that deal with the free areas of some taxes on any activity in order to achieve beneficial to the economy of the country, and because of its importance to add sources of funding to develop and attract foreign investment and the transfer of modern technology and employment.

He noted: that step both Iraq and the UAE to establish a free trade zone, especially in Baghdad is a step in the right direction in order to enhance the development process by helping to attract funds national and foreign establish industrial projects, and will strengthen the operations of trade exchange between the two countries, especially since the United Arab Emirates is a market and promising the world and in all areas, which serve the interests of the national economy.

The General Authority for Free Zones under the Ministry of Finance discussed with Emirates Mac International Corporation the possibility of establishing a free trade zone, especially in Baghdad, according to the controls. / End / 8.. /

 

Link

Deputy: not entitled to parliamentary investigative committee issued an arrest warrant against the central bank governor and his .. And must reconsider its decision

10/17/2012

Baghdad (news) .. Criticized member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the Commission's decision investigative problem breaches the central bank issued an arrest warrant on the bank governor and his advisor, because it is not the prerogative of the work, but the competence of the judiciary, calling for reconsideration of its decision in order to preserve the reputation of the national economy to the States.
Bayati said (of the Agency news): The functions of the Committee's work investigative parliamentary problem is to check on the work of central bank auction and how to make the buying and selling of foreign currency in the event prove the existence of violations and corruption is assumed by the Commission to report to the Integrity Commission or the Council of the Iraqi judiciary to prove it , and continued: the final decision, however, remains the country's judiciary.

He added: that the decision of the Commission investigative issuing an arrest warrant on the central bank governor and his order is a professional, you should reconsider its decision to preserve the reputation of the national economy in front of international organizations such as the IMF and the World Bank, indicating that they were worried about what is happening in Iraq regarding the central bank.

He had issued a parliamentary investigative committee memorandum dumping arrested 18 employees of the central bank, including the central bank governor and his advisor, without reference to the relevant committee work of the bank.

It is noteworthy that the supervisory committee formed by the members of the parliamentary Finance Committee (Abdulhussain Yasiri, Ibrahim al-Mutlaq and Magda al-Tamimi) has announced the suspension of its membership in protest at the decision of the investigative right of the central bank. / End / 8. N. P /

 

Link

Sources in the Central Bank: Shabibi holds a document signed by al-Maliki to protect the corrupt!

Monday, October 15

Integrity Commission issued an arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi and sixteen other officials, including the deputy governor of the Central Bank the appearance of Mohammed Saleh.

Shabibi participate and benefit global conference in Tokyo, while banking sources revealed that "Shabibi submitted a letter to the Iraqi judiciary bears the signature of Prime Minister Nuri al-Maliki prevents the removal of corrupt from the central bank after proving involvement in money laundering."

While confirmed the Integrity Committee parliamentary access an arrest warrant against Central Bank Governor Sinan al-Shabibi, revealed parliamentary committee overseeing the central bank, said investigations proved the existence of sale of foreign currency to banks and corporations themselves and that has smuggled to neighboring countries, in a reference to Iran, which suffers of economic sanctions.

The source said a parliamentary early, preferred anonymity, "said central bank governor told the prime minister earlier in the need to keep the Director of money laundering, and the Director of the Legal Department, the Director of Banking Supervision, and the Director of the Economic Department for their involvement operations financial and administrative corruption and money laundering Iraq," pointing out that these officials affiliated to the party to which he belongs, prompting Prime Minister not to change them. "

He added that "Shabibi retains an official letter signed by Prime Minister Nuri al-Maliki ban deport these corrupt his posts despite ensure involvement operations corruption great," explaining that Maliki knew bank governor that change or exclude any person from office is not a prerogative of the Governor of the Bank Center, but jurisdiction of the Prime Minister.

And that "there are divisions within the Commission Parliamentary Integrity regarding circulating the arrest warrant against al-Shabibi, where he sees some of its members that targeting political offensive some blocks on the competencies while others go out there that compromised financial action the central bank must know those involved and hold them accountable."

The Integrity Commission's decision came after the Iraqi parliament rejected the decision of Prime Minister Nuri al-Maliki to inflict independent bodies, including the Central Bank of the premiership contrary to the constitution.

Sources in the central bank said the decision came in response to decisions taken by the central bank to prevent the dollar smuggling from Iraq to Iran, which suffer from the sanctions. The sources said that the central bank strongly opposed proposals credit-Maliki Iraqi currency reserves of $ 65 billion because it leads to a deterioration of the exchange rate of the Iraqi dinar.

The sources, who asked not to be named, said the large Iraqi currency reserves which was completed under the administration Shabibi still under the eyes of devices Tamah and corrupt administrations used to reach out to public money. And rejected the CBI proceedings by the Integrity Commission said it gross interference from the executive branch of the independence of the central bank. The bank officials said that the decision to serious repercussions and was due to bank governor refused to submit the instructions of the executive branch. On the other hand, judicial sources said that the decision was not complete and was based on the report of the investigative committee headed by deputy speaker of parliament Qusay al-Suhail and included members of the majority coalition of state law without the completion of investigative procedures routine also requires procedures natural and resulted in the issuance of warrants of integrity based on the report of the Committee .

Traders warned the market affected by the value of the Iraqi dinar with these procedures, calling it the most dangerous on the money market in Iraq. And Shabibi is now in Tokyo where he was attending a conference banker at the head of the Iraqi delegation and described is deputy appearance for they of the most important figures banking in Iraq and Ihzian respected circles monetary and banking in Iraq The list includes 16 officials from the Central Bank, including Director General of the lower grades.

Link

Urgent .. Talabani: statements glorious invitation to war against Barzani

Monday, October 15

Twilight News / counting of President Jalal Talabani, on Monday, Deputy statements about the rule of law against the President of the Kurdistan region, "stray" and a call to war against Massoud Barzani.

A statement from the presidential office reportedly for "Twilight News", "at a time when busy when Jalal Talabani to create a friendly atmosphere for the normalization of relations and comfort her among Iraqi political forces overlooks we Yassin Majeed provocative statements seriously smell the aroma of the call to war against President Massoud Barzani."

And that Barzani "now busy writing a large Kurdish delegation to resume the dialogue with the National Alliance, as well as other powers to resolve the Iraqi crisis tactics constitutional and in accordance with previous agreements signed by everyone."

The statement pointed out that "Talabani expresses outrage of such statements reckless violation of the spirit of national unity and obtrusive for the endeavors and efforts to resolve outstanding problems faced by the people and the nation," and urged the National Alliance "to put an end her and forcing its members to respect the requirements of national dialogue."

Yassin Majid was a former media adviser to Prime Minister Nuri al-Maliki, has been accused in the press conference the President of Kurdistan, Massoud Barzani that "a real danger to Iraq's economy and national security" was described as "some political forces in the forefront of the Iraqi walk behind Barzani."

With the exception of the Kurdistan Alliance conference Monday, Kurdistan Region President Massoud Barzani, "a thorn in the eyes of dictatorships" and "dangerous" on the thieves of public money, and wants to build a new dictatorship and army not يوالي home, describing remarks MP Yassin Majeed against Barzani justifications for "failure "The government is in the security file and poor services.

Link

Abdulhussain Yasiri: the situation in Iraq under the name of "positive gap" of the economy by the World Bank evidence of the growth of the national economy

  15/10/2012

 

Baghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Hussain Yasiri, the situation in Iraq under the pretext of "gap positive for the economy" by the Bank and the IMF in the Tokyo guide the growth of the national economy and its recovery during the recent period, calling to take advantage of this assessment in the activation other economic sectors.
Yasiri said (of the Agency news) on Monday: There are indications that the national economy began to recover and recover two years ago, but growth is still weak because of its reliance on oil and by (95%).

He pointed out: that the last government directed towards restructuring the banking sector and the agricultural initiative and now in the process of launching the initiative industrial and give a big role for the private sector will give an indication of future growth and development of the economy.

He added: that the evaluation of the World Bank and the International Monetary Fund of the national economy and putting it under the name of "positive gap" evidence that the economy began to grow and thrive, the stakeholders must take advantage of this international assessment in activating other economic sectors to diversify the national income. He had announced Central Bank Governor Sinan Shabibi while attending a meeting of the World Bank in Tokyo that the IMF and the World Bank agreed to put Iraq under the name of "positive gap" of the economy during the discussions Society program two institutions held in the Japanese capital Tokyo.

Said: the two world wars called for Iraq to do more to attract foreign investors and global capital to work in Iraq and not continue to rely on oil as a resource basis of the national economy. / End / 8. N. P /

 

Link

Source for "news": Allawi, Barzani will meet tomorrow for two to consolidate the position of the current crisis

 14/10/2012

Baghdad (news) .. A source in the office of the leader of the coalition in Iraq, Iyad Allawi, and that the latter will meet the President of Kurdistan, Massoud Barzani in Arbil on Monday to unify the position of the current crisis.
The source (of the Agency news): The Allawi will travel Monday with a delegation from the coalition in Iraq to Kurdistan to meet with President Barzani, will explore the latest developments in the current crisis and what took place between Allawi and Talabani, and between Barzani and Talabani Elsewhere in recent meetings, referring to Allawi and Barzani are seeking to unify the position on the final decision of sitting at the same table with Prime Minister Nuri al-Maliki.

He continued: Allawi and Barzani final stance on not to attend any meeting called by President Talabani did not execute the terms of the Erbil agreement fully and give all agreed benefits and the basis of the elections and stop the traffic situation towards uniqueness Bmossat State all. / End / 4. N. P 

 

Link

Vice Kordstani: national meeting to be held next month .. and President Talabani will meet Maliki and Nujaifi upon his return to Baghdad

 14/10/2012

Baghdad (news) .. expect MP / coalition of Kurdish blocs / Burhan Mohammed Faraj, to hold a national meeting at the beginning of next month, he said, adding that the president seeks to bring the views before the national meeting of the magnitude of the differences.
Faraj said in a statement (of the Agency news): The President Jalal Talabani seeks to bring the views of all the political blocs and listen to their opinions in order to prepare a paper containing all the demands of the political blocs.

He added: that the outstanding problems between the major political parties to President Talabani doing his utmost to search for appropriate solutions to satisfy all parties, he said, adding that Talabani will meet Prime Minister Nuri al-Maliki and parliament speaker Osama Nujaifi on his return to Baghdad.

MP predicted a coalition of Kurdish blocs: to hold a national meeting early next month.

And the complexity of the parties of the political process, great hopes on the return of President Jalal Talabani in Baghdad after a trip treatment, which lasted three months in Germany, to resolve the political problems that have become influenced by the state institutions, including the Council of Representatives, which is witnessing Rvovh Bills not approved due to the absence of political consensus. / end / 2. n. p 

Link

Attorney Rikabi: central bank policy increase the amount of dollar sold in the auction will affect the monetary reserves of the coin

14/10/2012 

 

 

 

 

 

Baghdad (news) .. Member of the Committee criticized the economy and investment MP / National Alliance / Ibrahim al-Rikabi, the policy of the Central Bank to sell the dollar in the auction in large quantities because it will affect the entire cash reserve of hard currency in the country and will not lead to the stability of the exchange rate of the dinar against the dollar.
Rikabi (of the Agency news): The current monetary policy pursued by the central bank is not built on the basis of cash or bank valid evidence it increases the offer to sell the U.S. dollar in the auction did not think the existing reservoir of hard currency has.

He explained: that the source of hard currency "dollar" comes through the sale of oil and there is no other sources can be relied on to attract hard currency for the country, when increased amounts of dollar sold at auction the central bank will reduce the monetary reserves of foreign currency, thus affecting the value of the Iraqi dinar against other currencies International.

He added: that the Finance Committees and economic Alniabaten held ongoing meetings with the Governor of the Central Bank and his aides about the increase in the exchange rate of the U.S. dollar and the process of selling the dollar in the auction and conducted several discussions and dialogues to this subject, but to no avail and will not reach a convincing radical solutions.

This was the Iraqi Central Bank announced an increase sales of the dollar to reach more than $ 299 million in its daily auction, exchange rate was 1166 dinars for one dollar, and with the participation of up to 24 local banks. / End / 8. N. P /

Link

Iraqi Deputy: National Meeting will be held .. We support the government's majority

 14/10/2012

Baghdad (news) .. exclude MP / coalition in Iraq / Qusay Fri, to hold a national meeting, in favor of the proposal state law to form a majority government to resolve differences.
Gomaa said in a statement (of the Agency news): I do not see there is a contract for the national meeting because of the many differences and lack of seriousness of the political blocs to resolve the outstanding problems, including a long time ago.

He added: that the Prime Minister Nuri al-Maliki went to form a majority government policy and an end to the principle of partnership and this government can resolve the problems.

Wade MP for the coalition in Iraq: forming a majority government has been able to state law, calling for Prime Minister to resign and a new assignment to form a majority government because this government is the only option to resolve differences and sincerity Iraq of problems.

The head of the Islamic Supreme Council Ammar al-Hakim, has called for the formation of a majority government political forces consisting of the basic components of the Iraqi people, adding that the government's majority may be the director of the political crisis of basing a partnership components address the team harmonious political currents many represent Iraqi society. / end / 2.. /

 

Link

Barzani angrily came out of the meeting and Talabani told him to participate in a majority government led by al-Maliki in the event of failure of the National Conference!! Jakoj unique access to details of Meet leaders Alcardan

 

 

 

Saturday 10/13/2012

 A Kurdish leader told Jakoj details of a meeting Alzeimyin Masoud Barzani and Kurdish President Jalal Talabani yesterday at the headquarters of the National Union in the Kurdish capital Arbil ..

He informed source who spoke on condition of anonymity that the meeting did not take more than an hour after he left Barzani angry meeting against the backdrop of Amatrha Talabani of future scenarios and road map to resolve the political crisis in Iraq and the source noted that the president presented to the President of the Kurdistan region to meet with Prime Minister Nuri Maliki on the sidelines of the National Conference to be held soon as a condition to resolve the crisis without sending an envoy to the conference, pointing out that sending someone represents Barzani will not solve the problem radically but it will be a formality only the words of the source .. He said Alsinarioa second put forward by President on Barzani achieved if the failure of the National Conference All indicators are moving to form a majority government led by al-Maliki and political this is not in the interests of the Kurdistan Alliance totally stressing Talabani to the President of the Kurdistan region, saying that "We in the Patriotic Union of Kurdistan will participate in order to preserve the balance" which annoyed Barzani lot ..

This WordPress Barzani on those scenarios certainly he will not participate in person at a conference in Baghdad and would send a representative, pointing out that Maliki can not be trusted because he quickly coup on pledges and covenants that travels on the same and the formation of a political majority means the coup on partnership and irreverence components of the Iraqi people, referring to "The Kurds because Aaradwn be Following McKee اوغيره" said the source, citing President of Rkerdstan region Massoud Barzani ..

This left the President Jalal Talabani, on Friday, the city of Irbil after a meeting with the President of the Iraqi Kurdistan region Massoud Barzani did not take more than one hour at the headquarters of the Patriotic Union, in the city of Arbil.

A source in the Patriotic Union of Kurdistan close to President Jalal Talabani, "that" the meeting between Talabani Bbarzana not take more than just one hour at the National Union, in the city of Arbil, "pointing out that" Talabani left the city after the brief encounter directly. "

The source, who spoke on condition of anonymity, said the two sides discussed the strategic agreement between the two Kurdish parties. "

A source in the Iraqi Kurdistan Regional Government said on Thursday that President Jalal Talabani arrived in Arbil to meet with Kurdish regional president Massoud Barzani.

The last meeting which brought together the two sides was four months ago, before Talabani went to Germany for treatment, which took three months, at a time when the president is seeking collection of the Iraqi political parties at the same table to resolve the outstanding problems between the blocs and political parties.

Link

Deputy for Kurdistan hopes to agree on a draft law of oil and gas for approval in parliament HCL

October 13

{Baghdad: Euphrates News} expressed Kurdistan Alliance MP Qassem Mohammad Qasim hoped to choose one of the drafts presented to the draft oil and gas law to be approved in the House of Representatives, noting that post and oil ministers in the central government and the Kurdistan Regional Government catalyst in overcoming obstacles.

He told {Euphrates News} on Saturday that "there is a committee five political in nature, comprising oil minister in the central government and the Minister of Natural Resources in the Kurdistan region," adding that "their presence is an important factor in the meetings will also help in overcoming the many obstacles in terms of the dimensions of estrangement and break the ice, even if meetings continued to be legislation by law or agreement on one of the drafts before. "

And pointed out the importance of "the law of oil and gas because it regulates the work of the oil sector, which constitutes more than 95% of Iraq's imports," noting that "each block have their views and suggestions and we have to be there in some intersections stations."

Noted that a committee was formed quintet in the House of Representatives for the purpose of examining the oil and gas projects and to provide the most suitable and best to the parliamentary committee for study and follow-up.

The cause of the oil and gas crisis between the central government and the Kurdistan Regional Government and abounded about it debates and took a long time to research and study in order to إنضاجه, which resulted finally in an agreement announced on 13 September last agreement the two governments central and Kurdistan guarantee payment of foreign oil companies operating in the region . ended 8

Link

Iyad Allawi offers three solutions to Talabani on the political crisis

Thursday, October 11, 2012

Head of the political body of the coalition, the Iraqi MP Adnan al-Janabi, providing the coalition at a meeting with President Jalal Talabani three solutions as it deems appropriate to get out of the current crisis, but the latter has been received so far on what has been presented.
Janabi said (of the Agency news) Thursday Iraqi leader Iyad Allawi gave coalition to resolve the crisis saw the first three points the remainder of the terms of the Erbil and the second formation of the Federal Court and the third balance Bmússat state and an end to exclusivity to one side.
He did يردنا answer so far, although that Talabani expressed his support for the demands, noting that the national meeting unless serious and real, Allawi will attend as well as to members of the Iraq and announces that he is giving his personal opinion.

Link

Iraqi List offers her deputy Salem Daly as the sole candidate for the Department of Defense

Thursday, October 11, 2012

 

Nominated Iraqi List MP by Salem Daly as a candidate to fill the post of defense minister.
A source in the Iraqi List, in a statement published by public opinion news Wednesday that Iraq has decided to provide the name of her deputy Salem Daly as the sole candidate for the position of the Ministry of Defense, which is of its stake, according to the agreement of the political blocs.
He added that Iraq will soon present its candidate Daly officially to Prime Minister Nuri al-Maliki.
It is said that the security ministries are still vacant since the formation of the government in September of 2010 for the lack of agreement of the political blocs on the candidates, and are currently managed by proxy if oversees the Interior Ministry Prime Minister Nuri al-Maliki and generated Undersecretary Adnan al-Asadi with runs and Department of Defense agency, Minister of Culture current Saadoun al-Dulaimi.

Link

For a meeting between Talabani and Barzani soon in Arbil to discuss the political situation

Thursday, 11 October

Arbil / Obelisk: A source in the Iraqi Kurdistan Regional Government, on Thursday, that President Jalal Talabani will visit Arbil soon to meet the region's president, Massoud Barzani.

The source told "obelisk", "it is hoped that up of President Jalal Talabani in the next few days to Erbil to meet with the president of the region Massoud Albarzna", adding that "the meeting will discuss the overall political situation in the country and the region."

The source, who spoke on condition of anonymity, said, "There are many outstanding issues need to be discussed between the two sides, especially the differences between the central government and the Kurdistan region."

The last meeting between the two sides since four months before Talabani went to Germany for treatment, which took three months, at a time when the president is seeking collection of the Iraqi political parties at the same table to resolve the outstanding problems between the blocs and political parties.

Link

Oil and gas law will pass soon and Iraq got the green light to reduce the compensation of Kuwait

October 07, 2012

Deputy Prime Minister revealed for Economic Affairs Rose Nuri Shaways closely to reach a common formula will lead to the adoption of the law of oil and gas in the coming days after the agreement between the Kurdistan region and the central government recently.
Shaways predicted that "This law eliminates more than half of the outstanding problems between the region and the Centre on export and contracting operations."
Shaways said "this law, if approved, would be in the interests of the Iraqi people, and will be in line with the constitution, which stressed the need to exploit all scientific methods to increase production to bring the greatest benefit to the people."
Shaways described the form of relations between the Kurdistan region and central government Bamutaina.
Shaways confirmed the existence of common factors that led to the settlement of all disputes between the province and the center, stands in the forefront convinced both sides to strengthen Iraq's imports by increasing the size of financial export oil from both the center and south, or from the region, in reference to the crisis of oil exports from Kurdistan on its way to a settlement.
And on Iraq's money, Shaways hinted that the money legally, properly covered, which makes them immune from prosecution creditors, especially after the agreements made in this regard with the Development Fund for Iraq, which save, and UN resolution, all oil sales revenues in it, which is renewed annually protection, but it will end next year, which called for the formation of a committee "to protect Iraq's money," which in turn worked on a timetable for the transfer of these funds to a bank account Central American, and worked to find a new formula to protect the money from creditors. "
Shaways described creditors that they had three forms, the first creditors are right, where it was fully settled, the second debt is right, still an ongoing follow-up process, and the third type is the compensation claims foreign nationals. "And added that" type Third also has settled fully in cooperation with the U.S. government and with the agreement of the Iraqi parliament paid compensation Bmekdra $ 400 million.
Shaways revealed Iraq to get a green light from the United Nations to reduce the compensation of Kuwait from five percent to 2 percent or 3 percent, and this is important, but will prolong the repayment period, which stressed that it is about to end soon.

Link