Najafi: There is a need to control the exchange rate of the Iraqi dinar

27/09/2012 13:07

Arbil September 27 / September (Rn) - The head of the House of Representatives Osama Najafi on the importance of the independence of the central bank, stressing the need to control the exchange rate of the Iraqi dinar.

According to a statement issued by the Information Office of the President of the House of Representatives today that "Najafi search yesterday with Chairman of the Board of Supreme Audit Abdul Basit Turki central bank policy and the mechanism by which works out now."

He added that "the two sides discussed the findings of the investigative committee composed of the Finance Committee and the parliamentary Economic Committee and Chairman of the Board of Supreme Audit on the daily auction, organized by the Central Bank to sell the dollar."

The statement quoted Najafi its emphasis on "the importance of the independence of the central bank," pointing out that "follow the daily auction of foreign currency a priority being placed in the control of the Iraqi dinar exchange rate."

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Member of the Finance Committee: budget year 2013 must be new and not reproduced for the previous budgets

 09/25/2012

Baghdad (news) .. Called a member of the Finance Committee MP / National Alliance / Magda al-Tamimi, the federal government and the House of Representatives, to the adoption of new plans to approve the budget and make it different from the previous budgets.
Said Tamimi (of the Agency news) on Tuesday: that all plans of the previous budgets were similar did not rely on census or measure the needs of the country for projects service, calling the House of Representatives and the Ministry of Finance to the need to develop the budget 2013 with a new completely different from previous years.

She added: that all the previous budgets, given the operating budget larger size of the investment budget without having to correct data, indicating that most of the operating budget for the previous years bellowed to Ivadat officials and ministers and automotive training courses in Europe.

Tamimi confirmed: allocation of 31% of the investment budget, but did not take advantage of any service project of the country, and all amounts swallowed because of rampant corruption in government departments.

It continued: that the Finance Committee and in coordination with the Integrity Committee will be held accountable every Shortened will not cover the spoilers, will committees investigative in each ministry to take procedures for the occurrence of any defect in the implementation of service projects and approaching the Commission to do so. Finished / 21. D. Q /

 

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Allawi leaves today for Kuwait on an official visit

09/25/2012

Baghdad / WAP / leave the Iraqi leader Iyad Allawi on Thursday, to Kuwait on an official visit.
A source in / Iraqi / close to Allawi told Baghdad International / WAP / day: "Allawi will meet during the visit with Kuwaiti officials."
But the source did not reveal things that Allawi can be discussed with Kuwaiti officials. / 

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AMEER Mayahi: investment conference in London on the banks will support the banking sector and develops

 27/09/2012

Baghdad (news) .. A member of the Finance Committee MP / National Alliance / AMEER Mayahi, the Investment Conference to be held in London on the banks will support the banking sector and will work to develop, denying reports that the sale of Iraqi financial sector to foreign during the conference.
Said Mayahi (of the Agency news) on Thursday: The Investment Conference to be held in London will have a positive role in economic development because it will come out with recommendations and resolutions in support of the Iraqi banking sector and how to develop it, in addition to that he will examine all the problems and obstacles banking in order to reach solutions to address them.

He pointed out: that the news of the sale of the financial sector of Iraq to foreign by Congress to invest in London Nude of health and not the kind of precision and realism, noting that contract so conferences enhance the role of the national economy, because out the recommendations and proposals for projects that serve the country.

Noteworthy that the high-level Iraqi delegation will attend a conference on investment in the banking sector and banks in Iraq to be held in London on 18 and 19 of this month. The sources described the financial Iraqi statements to the media, this conference, as: "will make Iraq a bank to finance the economies bankrupt and saving banks Europe and the United States as is the case with the banking sector the Gulf, and show Iraqi officials investment opportunities in the financial sector will pave the sale to Iraq of the banking sector foreign, and thus lead to enact laws to facilitate penetration of foreign companies to the Iraqi banking sector, and to identify key projects for the start of the draft Financial penetration. / end / 8. d. Q /

 

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