Governor of Maysan province: we have a 100% exchange rate for the budget in 2012

 18/11/2012






Brother - Maysan

The Governor of Maysan Ali Douai achieve exchange rate of 100% within the budget year 2012 amounting to 272 billion dinars.

Douai said in a press statement, the agency received news news (et) a copy of the Maysan spent the entire financial allocations for the current year within the provincial development budget of $ 272 billion dinars.

And that those amounts were tunnels through pay the dues of ongoing projects that are implemented in the form of stages and new projects implemented during the current year as well as other important projects nearing completion.

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Finance committe exclude nominate names for the post of governor of the Bank soon

 11/18/2012

BAGHDAD / JD / .. ruled the parliamentary Finance Committee nominate names for the post of Governor of the Central Bank by the Council of Ministers.
Said committee member MP for the Liberal bloc Magda Tamimi's / JD /: The Council of Ministers has not yet provided us with names of candidates for the post of governor of the central bank by the prime minister, noting that the names put forward are just a rumor purpose to attract the attention of public opinion to them.
The Tamimi pointed out that the nomination be by Prime Minister Nuri al-Maliki, and be voted on by Parliament.
Earlier revealed the parliamentary Finance Committee on the nomination of two characters one of whom would the position of Governor of the Central Bank of Iraq and two Ahmad ÇáČŃíĺí and Ali Allawi.
The member of the Committee deputy state law Haitham al-Jubouri's / JD /: "The names most frequently in parliament and candidate strongly to take over as central bank governor first" Ahmed ÇáČŃíĺí "a man known economist, and" Ali Allawi, "the former finance minister.
The shape of the Iraqi Council of Representatives of a joint committee of Finance and Economic Committees to choose a candidate who serves as Governor of the Central Bank of Iraq.
Noteworthy that this position is managed by the agency head BSA Abdul Basit Turki after recent actions, which affected the bank.
A member of the House of Representatives deputy state law Mohammed Ugaili / JD /: The Parliament form a joint committee of financial and economic membership MPs Haitham al-Jubouri and Magda al-Tamimi and a number of members of the two committees, to resolve the position of Governor of the Central Bank next week. "
Ugaili said, "This committee will choose a candidate who will vote on it later in the House of Representatives."
Noteworthy that the judiciary has issued an arrest warrant against Iraqi Central Bank Governor Sinan al-Shabibi Ali financial background suspicions. / End / 11 n

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Vice Chairman of the Finance Committee: should expand the work of the central bank and only limited work only sell hard currency

 11/18/2012

Baghdad (news) .. criticized Vice-Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, monetary policy followed with the Central Bank of the fact that work is confined only to sell hard currency, noting that the bank leaving the other important things in banks and investment support existing monetary reserves in the bank.
Said Faizullah (Agency news) on Sunday: There are important things related to the work of the Central Bank in and support the development and direction of Iraqi banks government and private work to be linked with the international banks.

He continued: In addition to invest part of the funds in cash reserve at the central bank in investment projects through which generate big money for the country, and not be limited to the central bank selling the dollar and buy it, because this process alone does not support the Iraqi dinar and the economy.

He added: should the new administration of the central bank to change the policy that was followed in the previous administration of the Bank through the expansion of the Central Bank's work in other activities to support the national economy and preserve the value of the Iraqi dinar. / End / 8. N. P /

 

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