Friday, March 2, 2012

Project to delete the zeros from the currency-based and will be announced immediately after approval of the Government Vice Governor of Central Bank

01/03/2012

Description of the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh project to delete the three zeroes from the currency of the country as strategic as it will reduce the mass of cash circulating in the local markets.

Saleh said: The central bank exceeded the advanced stages in the preparation of studies and logistical preparations for the mission project to delete the three zeroes from the currency And within a specific timeframe as the draft reform of the Iraqi currency.

He added that in the event of obtaining approval by the federal government on the implementation of the project work will be on the tactical level and higher will be the announcement of the implementation and contract with advertising companies and the media to educate citizens on how to use the new currency and to answer all questions raised by him. He said: that the ongoing meetings with the relevant committees in both houses of the Iraqi economy ministers, MPs, and we are now awaiting approval from them to get to the final stages of project implementation.

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Deputy Central Bank Governor: the phenomenon of exaggerated Tzoiralamlh is no need to fear them

02 March / March 2012

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[Baghdad - where]

Said the deputy governor of Central Bank of Iraq that the appearance of Mohammed Saleh long smear campaign, claiming the existence of the Iraqi currency in large quantities in the domestic market and said perhaps behind this campaign, political disputes between conflicting blocs.

Saleh said Iraq told every [where] that "the source of this campaign is not known which is causing great harm to the citizen," but said that "the proportion of fraud in Iraq, very little is found in almost the Iraqi market."

He added that "the phenomenon of counterfeit paper currency exaggerated at the moment does not deny its presence in the market, but it is not something scary as some call" but with that we call upon the citizens to be careful in dealing with it. "

He pointed out that "the statistical year 2011 conducted by the Iraqi banks with large funds, including Almtdoualh indicate the presence of [11 000] paper forged from various categories which are not something for the size of the funds in the Iraqi market."

And that "the security authorities arrested a gang involved in the counterfeiting of currency and helped put an end to it significantly," explaining that "the fraud economic crime is a major economic crimes and punished by the law account difficult if found guilty of fraud on somebody." Ended 2

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Looking Mutlaq with Jeffrey activate the strategic framework agreement and remove Iraq from under Chapter VII

02 March, 2012

Looking Mutlaq with Jeffrey activate the strategic framework agreement and remove Iraq from under Chapter VII

Deputy Prime Minister Saleh al-Mutlaq, with the U.S. ambassador in Baghdad James Jeffrey bilateral relations and the political crisis in the country.
A statement by the Office of the al-Mutlaq, that during the meeting discussed the overall bilateral relations between Baghdad and Washington and the necessity of activating the strategic framework agreement signed between Iraq and the United States of America. The statement added that the two sides focused on the political crisis gripping the country and ways to resolve the legal and constitutional frameworks in order to find a balanced partnership between the parliamentary blocs to achieve democratic objectives, noting that al-Mutlaq and Jeffrey also discussed the importance of removing Iraq from the provisions of Chapter VII and the restoration of his rights in full.

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Prime Minister stresses the consent of all the Arab countries to attend the summit of Baghdad

02 March, 2012

Prime Minister stresses the consent of all the Arab countries to attend the summit of Baghdad

Prime Minister Nuri al-Maliki said the upcoming Arab summit will be held as scheduled later this month in Baghdad
Maliki said in an interview that all the Arab states agreed to attend, and will be attended by thirteen heads of state, kings, and engage other countries with different levels of representation, expressed his belief that the summit will be successful, and will not be a dialogue in which traditionally like the rest of the summits. And Maliki's refusal to make use of the university Arab positions of an international rescue or solve the problem of stuck in an Arab country, as in Syria.

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Arab League summit Baghdad confirmed on 29 March and that the Arab presence would be a high-level

02 March, 2012

Arab League summit Baghdad confirmed on 29 March and that the Arab presence would be a high-level

Commended the Secretary-General of the League of Arab States Arab noble, the actions taken by the Iraqi government to secure the Arab Summit to be held in Baghdad on 29 March.
He said the Arab at a press conference on Thursday in the Egyptian capital Cairo, the university has assurances that the Arab presence in the summit will be a high level and that the arrangements made ​​by the Iraqi government, including security measures are very good, indicating that there are many delegations from the Arab League visited Iraq for the these arrangements.
He pointed out that the Arab summit preparatory meetings will begin in Cairo, during the next few days, that sit on the summit March 29 in Baghdad, stressing that it will be an opportunity to review the structures of the Arab League and developed through the progress of specific ideas.

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King of Bahrain, Manama confirms participation in the Baghdad summit to strengthen Arab solidarity



King of Bahrain, Manama confirms participation in the Baghdad summit to strengthen Arab solidarity










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Schiller Aziz: signs of a national conference was held before the Arab Summit .. and you must specify a time limit to resolve the crisis

Friday 02/03/2012



Baghdad (news) .. According to MP / Kurdistan Alliance bloc / Hleyraziz that the leaders of political blocs will meet today to determine the day of the National Congress, noting that the signs are scheduled before the Arab summit, are required to specify a time limit to resolve the outstanding problems.
Aziz said in a statement (of the Agency news) Friday: The leaders of political blocs in the Preparatory Committee will meet today to determine the day to hold a national conference before or after the Arab summit, but all indications point to hold the conference before the Arab Summit.
She added that there is political will on both blocs to resolve outstanding issues and reach agreement to resolve the problems, noting that the success of the National Congress depends on intention, sincere political blocs, where should all the political blocs to waive some of its demands, because the greater the roof demands there will be a contract for the conference and can resolve those differences, and continued: the Kurdistan Alliance demands that there be a time limit to resolve all outstanding issues.
This and expect a member of the Liberal block of the Sadrist MP / National Alliance / Rafi Abd al-Jabbar not resolve outstanding differences before the Arab summit, pointing to the absence of an item of the terms of the Arbil undeclared. Said Abdul-Jabbar in an earlier statement (the news): No differences can be resolved before the Arab summit because many of the political blocs allied with each other are still different in their views on the points to be discussed at the conference.
He added that the terms of the Erbil composed of (19) points, and there is no points is declared, noting that the essence of the dispute between the political blocs are the terms of the Arbil, including oil and gas law and Article (140) and the National Council for the strategic policy. The MP for the Liberal bloc: that the political blocs want to count on the return differences to the constitution and when go back to the Constitution can not form the National Council and the Iraqi List will not accept that because it demands that it be voted on in the House of Representatives and has broad powers. / Finished / 2. n. r /

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The Preparatory Committee will meet today and infallible rule out the agreement to determine when to hold the national meeting



The Preparatory Committee will meet today and infallible rule out the agreement to determine when to hold the national meeting





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Economist: Raising the zeros from the currency will save the economy from the dollar's dominance

Wednesday 02/29/2012


Babylon (news) ..
According to a professor of economics at the University of Babylon, Dr. Jawad al-Bakri that the draft raise zeros from the national currency involves a lot of pros on the reality of the Iraqi economy.
Bakri said (of the Agency news) said on Wednesday: One of the pros stop control of the dollar on the Iraqi economy and reducing the circulation of funds and stabilize the Iraqi dinar exchange rate in addition to reducing the rates of inflation in the medium term and reduce the cost of economic transactions.
He added that the process of lifting the zeros can not be done only by taking action to ensure implementation correctly through the control of financial corruption and stabilize the security situation in Iraq, pointing out that the financial authorities of the boot process before time is acceptable and not a surprise Iraqi citizen to do so. / Finished / 14 . d. Q /

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