Sunday, February 5, 2012

Javadi Albzona: National Alliance agreed on the nomination for the position of Tawfiq al-Minister of the Interior



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The independent Iraqi news agency / Baghdad / p. X ... attributed the member of a coalition of state law. MP Jawad Albzona reasons for delay in resolving the security ministries delay caused by the coalition in Iraq to submit its candidate for the post of defense minister. He emphasized that the coalition does not have any problem about the candidate for the Interior Ministry. And that the components of the National Alliance agreed on the nomination for the position of Tawfiq al-Minister of the Interior.

Albzona said to the reporter (and independent Iraqi news agency) that the name arises from the rule of law is Tawfiq al. The admissibility of the myriad components of the National Alliance. Indicating that the most powerful names Yasiri raised so far in the coalition .

He guessed Albzona be agreed within the list to install and Iraqi Defense Minister Saadoun al-Dulaimi, and the agency as secretary of defense on my own. Expected to deliver a candidate coalition welcomed by the Iraqi List, ...

U.S. Agency for International Development is working to provide support for the Iraqi government to reform the economic laws



U.S. Agency for International Development is working to provide support for the Iraqi government to reform the economic laws

The process the U.S. Agency for International Development to provide support for the Iraqi government in the reform of the laws of economics through the program thread.
The project aims to remove all unjust laws and process that reflect adversely on the economy in Iraq. And the study prepared by the U.S. Agency to review and reform economic laws will return to Iraq a number of benefits most important to improve government services and private sector involvement in providing services and infrastructure and the provision of costs government and reduce corruption, as well as Iraq to get international recognition and improve the ranking globally and configuration to join the organization world trade.

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CBI: we have three times the needs of the Iraqi market in hard currency

05/02/2012 15:39

Baghdad, February 5 (Rn) - The Central Bank of Iraq, Sunday, what is available for hard currency has more than three times the needs of the Iraqi market, indicating that the Bank is exposed to "rumors" media are meant to destabilize the national economy.


And saw the price of the dollar compared to a rise in local currency during the past few days, which officials attributed to a local banking companies, the central bank to stop sales of hard currency.

And picked up local media for widening the sale of hard currency to Iranian businessmen at border crossings, especially in the province of Maysan, unless confirmed by the Central Bank of Iraq.

The deputy governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn), "We have been an economic strike, the Iraqi dinar is currently semi-hard currency, and is available at the Central Bank of the hard currency outweigh the needs of the Iraqi market three times."

He also explained that "there is a media campaign directed against the Iraqi economy, we do not know the source or motivation, but we are watching." He said.

He described the Vice-President of the Bank are traded in the media of the bank to stop the sale of hard currency or the smuggling of currency out of the country to "political bubbles," noting that "the Central Bank of Iraq is primarily interested in economic security."

And works according to the Iraqi Central Bank Law No. 56 of 2004, and held five meetings a week in the daily auction for the public sale of foreign currency.

The main tasks of the Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.

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House of Representatives announced the allocation of the entire session Monday to discuss the budget

February 5, 2012

Twilight News / announced the Economic Committee in the House of Representatives, Thursday, for the House of Representatives decided to allocate its for tomorrow fully to discuss the budget, indicating that not to send the final accounts for previous years and from 2011 by the government was one of the main reasons of the delay in approving the budget.

A member of the Committee of Economy and Investment parliamentary Abdul Hussein Abtan for "Twilight News", "the President of the House of Representatives responded to the request of the Economic Commission to allocate a hearing on Monday to discuss the entire budget."

The Finance Committee of the House of Representatives took, earlier, the Ministry of Finance is responsible for delay in approving the budget for 2012, indicating that the errors that occurred in the Ministry of Finance in preparing the general budget for 2012 was a major cause of the delay in arriving at the Dome of the House of Representatives.

Abtan said that "the reason for the delay of approving the budget is sent late by the government to parliament, while the customary in most countries of the world governments, but delayed sending the budget for the ninth month of each year."

And that "not to send the final accounts for previous years, including 2011, which accounts amounting to 95 trillion dinars makes it difficult to approve this year's budget does not identify the aspects of exchange of the previous budget."

Economists and detection, earlier, for the loss of huge amounts of money the country is estimated at 230 million dollars for each day of delay in the adoption of the General Budget Law leads to disruption of economy and investment, as well as the negative impact on the psyche of the citizens.

The annual report of Transparency International in 2011, which included three Arab countries among the ten countries "most corrupt" in the world, Somalia, Iraq and Sudan, while considered LinkQatar, UAE and Oman least corrupt among Arab countries.

MPs and experts: Replace the counterfeit currency Balsabh .. Phenomenon would hurt the country and crush the national currency

02/05/2012

Baghdad (news) / report / Faleh Hussein / .. Warned parliamentarians and economists of the increasing phenomenon of entry of counterfeit currency and replace it with hard currency for the benefit of which is under international sanctions and suffering from Tdhorammeltha cash, because it will lead to an economic problem difficult to solve in the country and crush the national currency.
The invitation through their talk (of the Agency Alkhbaria of news) to the need to set rules and laws and control the border crossings to reduce the deliberate draining hard currency from Iraq.
A member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq: The phenomenon of entry of counterfeit currency by neighboring countries and replace them with hard currency will lead to economic disaster is difficult to avoid.
He said al-Mutlaq (the Agency news): The trends of the U.S. dollar in the non-specific, but just sold at auction the central bank without knowing the trend going here is to invest or to smuggling or import from outside the country, calling for setting the direction of exchange, both within the country or outside by the authorities concerned.
The student: not to sell the U.S. dollar at the auction during the current period until the set rules, laws and detection methods pursued by some countries to combat the Iraqi economy and its currency.
As stressed member of the Committee of Economy and Investment MP / National Alliance / Amer Al-Fayez on the importance of taking legal action strict against those who are in the process input counterfeit currency into the country for replacing hard currency as a phenomenon lead to times of the Iraqi economy and the deterioration of the national currency at home and abroad.
The winner (of the Agency news): The currency comes to Iraq as a result of weakness evident in the Iraqi border crossing points that must be monitored to fight against the owners of the souls of vulnerable workers, whether in port or border trading in these currencies.
He explained: that this phenomenon had already occurred within Iraq will impact heavily on Alaguetsadeh because it means the introduction of fake currency and replace it with hard currency, which would reduce the reserves of hard currency in the country and a lot of circulation of counterfeit currency and thus will make the Iraqi dinar exchange rate down against the dollar.
While denied by the Economic Commission deputy / coalition in Iraq / Nahida Daini the existence of any phenomenon to enter the currency forged Iraqi replace foreign currencies during the current period, although there is a process of depletion of foreign exchange through import external as well as the high demand to buy it from the Central Bank.
Daini said (of the Agency news): The control Iraq's borders with neighboring countries and the activation of a standardization and quality control are important factors to limit the entry of goods that led to the bad drain of hard currency for entry of goods into the country of origin is poor.
She added: a study must be clear and accurate economic planning for the development of economic sectors in order to dispense with import foreign goods and to strengthen the Iraqi economy and raising its standards.
For his part, fear financial expert Ismail Abdul Hussein: the spread of the phenomenon of switching of counterfeit currency for hard currency within the country because they cause a risk to the Iraqi economy and the national currency, noting that most of the countries of the world began to center used the invention of special equipment for counterfeiting, particularly the Iraqi to fight the Iraqi economy and crush its currency.
According to Abdul-Hussein (of the Agency news): that neighboring countries like Syria and Iran is suffering today from an economic blockade and the deterioration of its currency, what made them Iltjaon to Iraq to buy the dollar.
He explained: that the Iraqi currency, which replace them in U.S. dollars and are valid as she was fake, it is a positive thing for Iraq through the recovery of the Iraqi currency to the origin, while if the fake Iraqi banks is not ready to reveal these currencies there is a danger to Iraq in general.
He called for: the importance that there be complete by the readiness of Iraqi banks to detect counterfeit currency entering the country, in addition to control of the border crossings to prevent the entry of such currencies to Iraq. / Finished / 8. D. Q

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Iraqiya poised to end government boycott

05/02/2012

BAGHDAD, Feb.5 (AKnews) - Iraqiya List will meet today to make the final decision on whether to end its boycott of the Council of Ministers.

Iraqiya Representative Nahida al-Dayini said that the decision of the leaders of the Iraqiya alliance will be announced today.

iraqiya"It looks like the situation will take a positive direction," she said, adding that the meetings between the Iraqi president, prime minister and speaker of the House of Representatives for settling the issue are ongoing.

All eight ministers and the entire representatives of the Iraqiya alliance to the House of Representatives boycotted sessions late December in protest to what they claim is Prime Minister Nouri al-Maliki's policy of "unilateral ruling and lack of real partnership government". The alliance ended its House of Representatives boycott on Jan. 29.

Despite the boycott of the Council of Ministers, some Iraqiya ministers met with Maliki and participated in some sessions. They alleged they were threatened not to attend the sessions.

Iyad Allawi, ayad alawiLast week the Iraqiya alliance, led by former Prime Minister Ayad Allawi, announced it has received "positive" signs which may set the stage for its return to government.

Disputes between Iraqiya and the State of Law Coalition (SLC), led by PM Maliki, are deep-rooted and date back to the election time when SLC came narrowly second to Iraqiya. But post-election coalitions and agreements reinstated Maliki as PM.

A promise to create a National Council for Strategic Policies to be headed by Allawi in return for his compromise of the PM post was never met. Last week reports suggested that Maliki has shown inclination to readdress the creation of the council.

The Shiite-dominated National Alliance - the largest bloc - has stated that it will take time to meet Iraqiya's demands.

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New procedures for the Iraqi Central Bank to follow the customers dollar



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The independent Iraqi news agency / Baghdad .... seemed Central Bank of Iraq this week, the application of new measures over the sales of the dollar, according to a senior official said at the bank, which led to a significant reduction in the rates of selling currency.

The decision comes amid suspicions of Iraqi officials about attempts to Syrian and Iranian traders buy the currency this difficult because of the sanctions imposed on both Iran and Syria, the depreciation of local currency in these two neighboring countries of Iraq.

The deputy governor of the Central Bank of Iraq the appearance of the benefit to the reporter (and the Iraqi news agency, independent) that the bank starts the first of the month of February the application instructions of new regulatory (...) provides that knows the bank who wants to get on the dollar for his clients who had asked him to buy these Currency

He added that the bank's customers to prove they have personal accounts in which money and have a base of actual information in the bank in addition to the fixed income

Saleh explained that the reason behind these actions goes back to that "a lot of buyers hiding behind other people, ie, that of not buying a real person.

The refusal in favor of this resolution linking the consequences of sanctions on Iran, Syria, said that "regional factors are important and workers especially Syria and Iran, because there is overlap between the trade of these countries as well as Turkey and Saudi Arabia, the Gulf

He said Iraq has seen in recent gift in demand for the dollar

He continued When we saw that there is extra demand amid the complexities of regional, we want to check more in the nature of sales and customers

These measures have caused a significant decrease in the rates of dollar selling in the auction, hosted by the Central Bank of Iraq every week between Sunday and Thursday.

Saleh said that in the first day we started the implementation of these measures we sold three million dollars After the sale of these rates of currency during the last three months about $ 200 million per day

Figures published on the site of the Iraqi Central Bank, which has, according to the benefit of the dollar reserves of about $ 60 billion, said sales of the dollar on Thursday amounted to about four million dollars.

It is noteworthy that the rate of dollar sales in 2010 was only about 100 million dollars a day.

And interpreted for the significant reduction in the rates of recent sales of the dollar by saying that "customers may fear for their privacy of banking."

He stressed that the Iraqi official No U.S. pressure never us, and our friends the Americans have nothing to do never the subject (new measures). "

Iran faces financial penalties and Syria, which could moved it to the search for hard currency, which may be one of Iraq's main sources.

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Iraq: the issue would be discussed at the port of Mubarak al-Maliki's upcoming visit to Kuwait

05/02/2012 10:09

Baghdad, February 5 (Rn) - The Iraqi government said on Sunday that discuss the issue of the establishment of the Kuwaiti port of Al-Mubarak will be displayed in the visit of Prime Minister Nuri al-Maliki's visit to Kuwait.

Port Mubarak It is hoped that the visit of Prime Minister Nuri al-Maliki, Kuwait at the beginning of the month of April next.

The chancellor said in the office of Iraqi Prime Minister Mary Rayes told the Kurdish news agency (Rn) that "Prime Minister Nuri al-Maliki, Iraq will be put fears of damage to the establishment of maritime port and puts the Mubarak settlement solutions."

The Kuwaiti Information Minister Hamad Jaber Al-Ali said in an interview with the site (the Arabs today) on Friday that the file of Port Mubarak will not be on the agenda of the visit of Iraqi Prime Minister expected to Kuwait.

She said Rais, "Iraq is looking forward to solve all the problems the secondary between Iraq and Kuwait, including the withdrawal of Iraq from Chapter VII and the port of Mubarak and Kuwaiti debt," indicating that "there is a desire between Iraq and Kuwait to strengthen bilateral economic and activation of investment projects between the two countries in the next phase."

President of the Republic decides to convene Ajnmaa Preparatory Committee for the national meeting next Monday



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The Iraqi news agency Independent / Baghdad / p. X ... said a presidential statement, in light of the meetings held by President Jalal Talabani has been agreed to call a meeting of the Preparatory Committee which includes representatives of the parliamentary blocs, the three main (the National Alliance and Coalition and Iraqi Kurdistan) on day on Monday 02/06/2012 evening at the headquarters of President of the Republic of Baghdad.

He received a presidential statement (and the independent Iraqi news agency) that the committee which was formed in order to boot to meet the national expanded had its first meeting held in the presence of the President and the Prime Minister and Chairman of the House of Representatives on 01/15/2012

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