The release of the latest issue of the Iraqi Gazette containing the federal budget law

 03/31/2013

BAGHDAD / obelisk: Justice Ministry denied Iraq, Sunday, delayed the release of the latest issue of the Official Gazette the facts of Iraq accidental break into the ministry, noted that the number included federal budget law.

He said ministry spokesman Sam Furaiji for "obelisk", "The Iraqi Gazette issued on schedule and health information that confirmed the delay of issuance."

He said that he "the latest issue of the Gazette included deployment of the General Budget Law of the Federal Republic of Iraq for the fiscal year 2013, all the details," he said, adding, "provides the latest issue of the newspaper in the approved distribution centers and justice library at the headquarters of the ministry."

The capital Baghdad and the number of Iraqi provinces witnessed in the March 19 of the current, a series of car bombs and improvised explosive devices left 65 dead and 195 wounded, including an incident to storm the Justice Ministry.

The Minister of Finance and agency Ali Shukri announced on Saturday, firing exchange budget ratified by the Presidency of the Republic for 2013 to ministries and provinces. Was the Iraqi parliament voted on the seventh of March the current full paragraphs of the budget for the current year 2013 after unanimously marked by accusations and absences deliberate amount 118 billion dollars.

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Member of the parliamentary Finance: Exchange public budget allocations beginning next April

24-03-2013

Baghdad (news) .. A member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, for date exchange public budget allocations to the provinces and provincial ministries in the beginning of April next, likely that this year will be the year of economic growth of some sectors.

Abbas said (of the Agency news): The date of exchange of financial allocations of the general budget will be at the beginning of next month after ratification by the Presidency of the Republic and published in the Official Gazette.

He added: launch date budget allocations for this year will not be much different from last year, so the delay in disbursement does not affect the investment projects submitted by the Ministry of Planning.

He pointed out: that some non-oil economic sectors will grow this year and a large proportion, if what has been achieved political stability and security in the country.

It is noted that the Iraqi parliament approved the budget for 2013 during the month of March the current amount (138) trillion dinars and the rate oil (90) dollars per barrel, and the quantity of oil source (2.9) million barrels per day. / End / 8. N. P /

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Suhail looking with a delegation from the World Bank restructuring of the Iraqi banks and the Central Bank

 24-03-2013

Baghdad (news) .. Search first deputy head of the Iraqi Council of Representatives Qusay al-Suhail with a delegation from the World Bank, the restructuring of the Iraqi banks and the Central Bank of Iraq.

A statement by the Office of Suhail said in a statement received Agency (news) copy of it: that the delegation, which was headed by Sahar Nasr, chief economics finance in the Middle East and North Africa and the Special Representative of the World Bank mission in Iraq as well as a number of experts at the World Bank gave a presentation on work done with respect to the restructuring of the Iraqi banks and the Central Bank of Iraq in addition to projects carried out by the World Bank during the past period.

And between Suhail: The development of the private sector and private banks can him that contributes significantly to the development process and the development of economic reality because we must establish rules work properly and repair the banking sector, while stressing the importance of restructuring these banks and put sophisticated systems fit with the size of the development which reached him the world's advanced countries in this field.

For his part, the delegation expressed his keenness to give advice to the Iraqi banks and the Central Bank in order to improve performance and to have their work professionally, especially in the regulatory field. / End / b. PVC /

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The Presidency of the Republic to ratify the current year budget

Sunday, 24 March

Twilight News / A source in the Presidency of the Republic of Iraq, Sunday, that the recent approved the state budget for 2013.

The source, who asked not to be named said in an interview for "Twilight News", "The Presidency of the Republic approved the state budget for the current year."

The Minister of Finance Agency Ali Shukri had announced Sunday of last week, about the arrival of the Federal Budget Law for the year 2013 to the Presidency of the Republic for the purpose of endorsing it.

The House voted on the seventh of this month on the federal budget without a political consensus with the Kurdistan Alliance bloc that threatened to resort to the Federal Court to challenge the original budget.

The total federal budget 138 trillion dinars which is the largest in the history of the Iraqi state, which included $ 55 billion in the venture, and $ 83 billion operational part.

And the Iraqi government budget was built in 2013 on the basis of (90) dollars a barrel at a rate of 2.9 million barrels of oil a day.

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IMF: expectations of higher Iraq's economic growth to 9%

03/23/2013


Welcomed the IMF accelerated the pace of growth in Iraq thanks to oil exports, but expressed concern about the points «accumulated structural weaknesses in the country ten years after the US-led invasion.
IMF promised in a statement issued at the end mission in Iraq «in spite of the security and political environment difficult, Iraq succeeded in maintaining the stability in terms of economic sectors in the last two years.
And after he scored «about 8 percent in 2012, will see the Iraqi economic growth accelerated more this year to Astl to 9 percent, driven by b« escalating capacity oil production, according to the fund.
And accelerated exploitation of oil, the country's largest wealth, since the US-led invasion, despite the violence and corruption.
He considered the International Monetary Fund, however, that Iraq still suffers from a «serious structural weaknesses, particularly of unemployment 'high' and bad business environment and the weakness of the non-oil sector.
And wrote the International Monetary Fund that «Iraq should face significant challenges in the medium term to find the conditions for strong growth and lasting necessary to improve the conditions of life of its inhabitants.

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Sadr ministers hold an emergency meeting in Najaf to discuss the withdrawal of government

03/23/2013  


ong-Presse / Najaf

Ministers held the Sadrist movement, on Saturday, held an emergency meeting in the private office of the cleric Moqtada al-Sadr in Najaf to discuss the withdrawal of the government, after nearly four days to suspend their attendance of meetings of the Council of Ministers.

A reporter (long-Presse), that all ministers of the Sadrist movement arrived this morning, to the province of Najaf, and held upon arrival emergency meeting in your office to cleric Moqtada al-Sadr attended by Director of the Office Sheikh Mahmoud Djiashi, "stressing that the meeting will discuss the withdrawal of ministers from the government or not.

The correspondent added that the Minister will hold a press conference after the meeting to announce their final position.

It comes ministers meeting Sadrists in Najaf, after nearly four days on their announcement on 19 March 2013), boycotted the meetings of the Iraqi Council of Ministers to protest the policies of Prime Minister Nuri al-Maliki, and stressed that it will manage the affairs of their ministries from within, but the head of the government response, on 20 March 2013, exponential and one day after, via Media Msstarh and gave the Sadrist movement, even on Sunday, to return his ministers to the Council or give them leave algebraic, because the ministries that they manage will be affected in the province.

And announced the Liberal bloc in the House of Representatives after an extended meeting held, the first on Thursday, (21 March 2013), the Congress of the existing Iraqi approval House Speaker Osama Nujaifi on request from the large number of deputies other blocks to call the Commander in Chief of the Armed Forces Nouri al-Maliki to Parliament against the backdrop of the bombings in the capital Baghdad, finally, confirmed that the hearing will be determined later.

With Re Sadrists on the San Prime Liberal bloc Bahaa al-Araji during a press conference held after the meeting held, on Thursday, (21 March 2013), the deadline set by the Prime Minister for his crew to return to the Council of Ministers, to confirm that ministers are ready to return to the Council of Ministers "if necessary" condition "away from the wrangling," while between that there is not anything in the rules of procedure of the Council of Ministers determines how the withdrawal and suspension of ministers or their leave algebraic, stressing that any decision on the matter would "act personally."

The cleric Moqtada al-Sadr, issued a statement on 20 March 2013, in which he thanked his ministers after their decision comments membership in the Council of Ministers described the decision as "supervisor" as the face of a warning to all his followers and Friday sermons not to criticize the boycott meetings of the Council.

And issued a Shiite leader Muqtada al-Sadr issued a statement on 19.3.2013, attacked the decision to postpone the elections in the provinces of Nineveh and Anbar promise "exclusion of the Year", and "injustice to the Shia," and described "the marginalization of the Sunnis of Iraq disaster unforgivable", and stressed that promised to postpone elections In general, "the consecration of the idol and dictatorship", also stressed that staying in the current government "is harmful", threatening to "discuss carefully with our brothers suspension and withdrawal from the government and even the Parliament lean."

And experienced positions cleric Moqtada al-Sadr on the issue of withdrawal of Ministers varies between fierce criticism and the approval, as it's a response to a claim of the Iraqi, 03/05/2013, the "solidarity with them and prevent" ministers power to attend meetings of the Council of Ministers criticism and stressed that the Sadrists partner with a coalition of state law and consult with him in all things, expressing his refusal to call for the withdrawal of Iraqi Ministers at the present time they returned to the topic "would negatively affect the service of the people."

Before this Sadr has summoned his ministers in the government to Najaf and met with them to discuss the option of withdrawing from the government formation, and developments in the political process in Iraq, and days after Sadr refused to accept his ministers in Business Administration and ministries of the Iraqi List, by proxy.

Al-Sadr announced in 01.31.2013 ministers trend will يتسلموا any position proxy rather than ministers of the Iraqi List retreating, a position won praise from Iraq, but the Minister of Planning of the stream Ali Shukri received the responsibility of the Ministry of Finance Agency, which was run by the leader of the Iraqi List Rafie al-Issawi.

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And former Minister of Transport reveals a number of files, which obliges Kuwait compensate Iraq or waiver of resolution 833

2013/03/18



Called the Iraqi Transport Minister former Iraqi government to open a number of files related to political with Kuwait, including its support for Saddam Hussein's regime during the war eight years, saying that deduction naval base in Umm Qasr would negatively affect the port of Umm Qasr, describing resolution 833 International that violates the law of the sea International
Said Amer Abdul-Jabbar told N. news reporting that the naval base demanding Kuwait annexation annexation resolution 833 is part of the waters of Umm Qasr which adversely affect the territorial waters of Iraq, saying that the above decision violates the international law of the sea within Article 70 "
Abdul-Jabbar said that Kuwait supported the regime of Saddam Hussein with dirty money during his reign and Iraq could open a number of files with the Kuwaiti side in order to reach solutions Ardaúah between the two countries, a concession Kuwait consensual resolution 833 "
Detection and former transport minister on the number of files that can negotiator Iraqi to open them against Kuwait including the Emir of Kuwait late Jaber Al-Sabah was an assassination attempt mid-eighties of the last century has been accused of Kuwait at the time Iran so called morning at the time of Saddam Hussein that avenge him He issued Saddam timely days combat he called on Kuwait and on the track gave Iraq a lot of victims because of demand Prince Kuwait in addition to supporting unlimited by the Kuwaiti government during the Iran-Iraq war funds dirty and buy weapons resulted from liquefaction blood of Iraqis as well as open a file of Halabja, where was buying arms hit Halabja money from the state-backed Kuwait at the time "
He call on the Iraqi government to open these files through negotiations with Kuwait arrive at Ardaúah solutions reached Kuwait to waive consensual resolution 833 "

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Specialists: Central Bank procedures for the sale of hard currency caused the reduction rate of the dinar against the dollar

 17-03-2013

Baghdad (news) / report / Hussein Faleh / .. After that saw Iraqi dinar exchange rate stable remarkable for hard currency for a long time but he came back to drop, especially after the crisis the central bank that toppled Governorate Shabibi and a number of his staff, where he received the President of Supreme Audit Basset Turki tasks agency until a governor efficient centralized the Bank management.

It started the new administration headed by Turkish taken a series of decisions and controls on the sale of hard currency in the auction, and ordered banks and banking companies abide by them.

Where complained a number of owners of private banks and companies to mediate (banking) and specialists from restrictive measures taken by the Bank regarding the sale of the dollar as well as granting licenses for banking companies, making there is an increasing demand for the dollar paid Showing little of it, which led to increased price in the local market.
Warning during their talk (of the Agency news) of the continuing decline in the exchange rate of the dinar in the coming period in the event of mitigation measures and facilities by the central bank.

A member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, pregnancy, the responsibility of the Central Bank to cut the exchange rate of the dinar against the dollar because of restrictive procedures in granting licenses for the operations broker companies (banking), to make the process confined to certain companies without the other.

Abbas said (of the Agency news): There are companies still in control of the process of buying hard currency from the central bank because of the restrictions of the bank's management to companies broker to increase its capital, demanding the central bank to ease procedures for the sale of hard currency for companies to mediate to stop the monopoly of some companies on the procurement process .

He added: process must be indivisible capital for companies to mediate so that there are no practical monopoly by some companies and banks as it was in the previous Directors of the Central Bank.

He explained: that when these companies dominate the procurement process in the bank will auction fake receipts to grab the largest amount of foreign exchange.
The Iraqi Central Bank announced the extension of a capital increase for companies to mediate in the sale and purchase of foreign currencies to December 31 of this year to be the last date for the extension.

The Iraqi Central Bank has decided to increase the capital of existing exchange companies which operate in the market and companies under formation to 500 million dinars.

For his part, warned the decision of the Commission of Economy and Investment MP / coalition of Kurdish blocs / Mahma Khalil, of continuing to reduce the exchange rate of the Iraqi dinar against the dollar as a result of the central bank's measures, which led to reduce the width of the dollar in the market.

Khalil said (of the Agency news): The recent crisis, the central bank and changed his administration as well as the unstable political climate experienced by Iraq, make there is a growing demand to buy the dollar in the market by the citizens and convert their money into hard currency.

He added: that the current management of the bank made it difficult process and the arrival of the dollar to the market and then to the citizens and traders because of restrictive procedures, which fears out large amounts of hard currency abroad or the occurrence of money laundering.

He continued: the central bank should make it easier process pumping dollars into the market and then tighten the control on the process spent at home or abroad to prevent money laundering operations or the like.

The Director of the Office of the banking and selling foreign currency Raed Aziz, said: The Department of the banking and credit of the Central Bank allowed the owners of private offices to sell foreign currency to open companies registered with a private b (banking) that allow the buying and selling dollar according to specific controls, different from controls earlier, which was taken by the central bank.

He Aziz (of the Agency news): The bank requested an increase of the company's capital to (500) million Iraqi dinars, which is a large sum and difficult on a lot of citizens, where he was scheduled to begin corporate work early February, but the new regulations issued by Central obstructed the process of granting licenses to companies.

He added: that the measures include conversion of special treatment procuring the license from the owner or managing director or shareholder to Criminal Department of the Ministry of Interior for ratification, as well as transferred to the Department of Economic Crime, and the money laundering section at the Central Bank.

He called for: the need to ease the procedures for granting licenses to companies because it will facilitate the process of selling hard currency and fill the market need them, and also to contribute to the stability of the exchange rate on the grounds that any company that has a share weekly hard currency backed by the central bank and thus contribute to the control of the market.
Refer Aziz: the reason for increasing the dollar exchange rate during the current period to limit the sale of hard currency on certain civil banks either banking companies it may limited quantities of each company's share (100) thousand dollars a week, they amount does not meet the needs of the dollar market.

The central bank held daily sessions of currency auction except Fridays and public holidays, and the participation of a group of Iraqi banks, within which the sale and purchase of foreign currency, and the central bank process currency converter sold abroad, for some companies and citizens for a commission certain.
The witness of the dinar exchange rate the relative decline Bsaara Iraqi against the U.S. dollar. / End / 8.. /

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The arrival of the budget law to the Presidency of the Republic for approval

17/03/2013


Twilight News / Minister of Finance Agency Ali Shukri, Sunday, for the arrival of the Federal Budget Law for the year 2013 to the Presidency of the Republic for the purpose of endorsing it.

Shukri said in a statement Worrell "Twilight News", that "the federal budget law for 2013, which was passed in Parliament earlier, arrived at the Presidency of the Republic for the purpose of endorsing it."

The House voted at the beginning of the first week of this month on the federal budget without a political consensus with the Kurdistan Alliance bloc that threatened to resort to the Federal Court to challenge the original budget.

The total federal budget 138 billion dinars, which is the largest in the history of the Iraqi state, which included $ 55 billion dinars investment part, and 83 billion dinars, the operational part.

And the Iraqi government budget was built in 2013 on the basis of (90) dollars a barrel at a rate of 2.9 million barrels of oil a day.

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Urgent .. Barzani calls for Baghdad to serious dialogue to resolve the crisis: our positions determined by the general budget

16-03-2013


Twilight News / called the President of the Kurdistan Regional Government Barzani Naچervan, Saturday, Iraqi government to a serious dialogue to resolve the crisis between Erbil and Baghdad, and mortgage success to the commitment to the principles of the new Iraq, announced his rejection of any "another Iraq".

Barzani said in a speech at the ceremony to revive twenty-fifth anniversary of the bombing of the town of Halabja with chemical weapons, Aqmat morning, and attended by "Twilight News", "We announce here from Halabja We are ready to serious dialogue with Baghdad to end all the problems and implement the principles on which it is building the new Iraq ".

Barzani added that "the Constitution gave us the right to an Iraq based on partnership and consensus and federal," stressing the "rejection of another Iraq is in the Constitution."

Barzani and continued, "We in the Kurdistan Region us a message, a message of dialogue to address all the crises and we have recently made good progress in resolving problems with Baghdad," adding that "that was passed Moana significantly affected the course of these dialogues."

He added that "determining the budget is directly linked with all our problems with Baghdad as the question salaries Alپeshmrگh and benefits and other oil companies", adding that "our positions are determined by the position of the general budget."

The previous regime had attacked the town of Halabja in this day of 1988 with chemical weapons that killed more than five thousand people dead and more than 20 thousand injured and infected is still a lot of them suffer from physical and psychological effects.

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Central demanding banks Bossullac selling and buying dollars

16-03-2013 

Central Bank announced new measures to prevent money laundering operations in local markets by requiring private banks Bossullac purchase and receipt of the quantities of hard currency sold.

The official source at the bank said the central bank has taken measures and new mechanisms within the work for the current period included a demand that all private banks and banking offices bring receipts receipt and sale of foreign currency sold to ensure there is no laundering of money in the domestic market and currency smuggling out of Iraq from businessmen and traders unknown .

He said the bank will work to ensure the stability of the exchange rate of the dollar in the markets through the control of dollar amounts sold to banks and authorized agencies in order not to activate the cases speculation in the foreign currency of unidentified bodies, as happened in the past.

For her part, member of the parliamentary Economic Commission Attorney Nora Albejaoa said the central bank measures request receipts to dollar amounts sold will reveal traders and fictitious getting large amounts of hard currency for false reasons and unknown operations by withdrawing these quantities of currency.

The Albejaoa added that there are traders and businessmen who bring fake goods and fake receipts while buying dollars from banks in order to obtain the maximum amount of dollar amounts. Referred to the foreign exchange rates experienced during the past few weeks an unprecedented rise, because of what was said wrong policies committed bank in the sale of hard currency.

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Chest: I call on the Government to implement the provisions of the budget and solving problems with partners

09/03/2013



The leader of the Sadrist movement, Muqtada al-Sadr, on Friday, the government to implement the provisions of the general budget for the current year 2013, which approved of the Iraqi Council of Representatives to boycott the coalition of Kurdish blocs and the Iraqi List, after the failure of five attempts to pass because, as advised the government to solve problems with their partners.

Sadr said in a statement received (range Press) copy of it, "we offer our thanks to all the parliamentary blocs to reach down to the adoption of the federal budget for 2013", and adding at the same time, "We recommend the government apply the budget items and solve their problems with their partners."

The Sadr office in Rusafa of Baghdad announced, on Thursday, Central canceled demonstrations that were expected to be launched today in Baghdad, after parliament managed to approve the financial budget after more than five attempts.

He acknowledged Iraqi Council of Representatives, on Thursday, a majority budget bill financial for the current year 2013, $ 139 trillion dinars, Province coalition of Kurdish blocs and the Iraqi List, after six times postponed due to disagreements, while raising House Speaker Osama Nujaifi session to the 19 of March Current , with the exception of the Kurdistan Alliance, the adoption of the budget in breach of the applicable national consensus in the political process.

The vote on the budget after the postponed five times because of differences between the national alliances and Kurdistan and the Iraqi List, the failure of parliament during its meeting held on 23 February 2013, the vote on the budget bill back to the government to amend it.

The Council of Ministers approved, on the fifth of November 2012, the budget year 2013 worth 138 trillion Iraqi dinars and adopted the budget on oil exports from Iraq on the basis of 90 dollars as the price per barrel.

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Hamid Buffy: Maliki's coalition implemented agendas territory .. And sent a serious message for the Kurds on the budget

 09/03/2013

Baghdad (news) .. accused MP / coalition of Kurdish blocs / Hamid Buffy, the rule of law to the implementation of regional agendas in the country, referring to the vote on the budget without the Kurds as a threat against the Kurds so we will have a position to determine the future of the Kurdish people.
Buffy said in a statement (of the Agency news): The Kurdistan Alliance wants to solve the disputes with the central government through dialogue, but a coalition of state law are turning towards the implementation of regional agendas in Iraq.
He added: that the rule of law and face to the Kurdistan region's most dangerous message by voting on the budget without the presence of the Kurdistan Alliance MPs and this is part of a system of "authoritarian and dictatorial" and this can not be tolerated by the Kurdish street.
The MP said the coalition of Kurdish blocs: the Kurdish leaders are now considering the report of the future of the Kurdish people because of their marginalization by state law.
MP / Kurdistan Islamic Union / Osama Jamil, expect a meeting between political parties of Kurdistan with Kurdish regional President Massoud Barzani, to discuss what happened on approving the budget for fiscal (2013) and taken a stance on this approval. / End / 4.'s. M 

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Economist: the formation of the Council for Economic Reform is necessary to support the productive sectors

  08/03/2013

Baghdad (news) .. Economic expert called Salem Daini, to the need for the enactment of the establishment of the Council for Economic Reform to support vital sectors industrial Kalzeraih and tourism.
The Daini (of the Agency news): The all economic sectors of Balzraih, industrial and tourism are to be backward and is disabled as a result of the exceptional circumstances that gripped the country Kalhsar international imposed in the Nineties past and terrorist operations after a year (2003).

He added: You must think about how to restructure the economic sectors through the development of plans and policy clear and These Ataathakq only the existence of an independent board of economic and specialist consists of professional and experienced staff which can make studies and correct Almsart for the advancement of the national economy.

He pointed out: that this method successfully by all countries of the world, especially that circumstances were similar to Iraq, calling to benefit from international experiences to serve the national economy.
And suffer economic sectors in the country severely neglected by successive governments, despite the availability of ingredients that stimulate economic investment and strengthen the Iraqi economy. / End / 8. N. 

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Member of the economy: monetary policy pursued with the central bank seeks to create a balance between supply and demand for the dollar

  08/03/2013

Baghdad (news) .. A member of the economic and investment commission MP / National Alliance / Salman al-Moussawi, the monetary policy followed with the central bank as "good" as seeking to create a balance between supply and demand for hard currency.
Moussawi said (of the Agency news): The policy of the central bank to the sale of hard currency is supportive regulatory measures to the exchange rate of the Iraqi dinar, and requests from companies and banks adhered to in order to prevent money laundering and currency smuggling.

He added: can not be selling hard currency at the central bank auction or transfers of money abroad without controls and legal proceedings, and that these actions were tied, but at the same time helpful and supportive of the economy.

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The number of owners complained companies and banks from the central bank's measures in the public auction for the sale of hard currency, and stressed the difficulty of buying currency and converted to the outside, making there is a growing demand in the market to buy the dollar. / End / 8. N. P /

Parliament raises a vote on the budget session half an hour to lack of quorum

2013/03/07 13:32

Term Press / Baghdad

Decided Iraqi Parliament Speaker Osama al-Nujaifi, Thursday, following the adjournment of the 13th Parliament of the second legislative term of the year the third legislative decision during the vote on the rest of the financial terms of the budget law for the current year 2013, half an hour to lack of quorum.

 

 

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Member of the economy warns of Iraq's accession to the World Trade Organization in the absence of local product

  03/07/2013

Baghdad (news) .. member of the Committee warned the economy and investment MP / coalition in Iraq / Qusay Fri, Iraq انظمام into the World Trade Organization during the current period because the economy is still dependent on foreign imports and the productive sectors is disabled.
Juma said (of the Agency news): The Ministry of Trade carefully before submitting the request to the World Trade Organization to انظمام Iraq to it, because the national economy is still dependent on foreign imports and has no products for export both oil.

He added: Admission to انظمام Organization Iraq to it during the current period will make the country lazy and non-productive because it will open its markets in the world for the purpose of imports, and thus the rebound other countries at the expense of the Iraqi economy.

Has sent the WTO a range of inquiries and requests to the Ministry of Commerce to modify file Iraq's request to join the organization.

The WTO requires commitment باتفاقياتها and pledge the state wishing to join the signing of the Accession Protocol includes approval of the application of all WTO agreements. / End / 8. N. P /

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Deputy for the rule of law: the meeting of the Council of Representatives will see today approving the budget of Finance

  03/07/2013

Baghdad (news) .. Expect a member of a coalition of state law MP / National Alliance / Sadiq gum, to witness the meeting of the Council of Representatives for today (Thursday) to vote on the remaining articles of the draft law of the financial budget for the year (2013).
The chewing gum in a statement (of the Agency news): The meeting of the Council of Representatives for a day on Wednesday saw the vote on the (11) items from the financial budget, and downed material (12) and wish to be re-rated again, he said, adding: We expect to recognize the budget in the meeting of the Council Representatives for the day, the existence of a political will for approval.

The MP for the National, that some parties of the Iraqi List exploited breach simple received meeting of the Council of Representatives for yesterday, including President of the Council, pointing out that the deputies in the Iraqi salmon Jumaili and Haider Mulla and Ahmed electrodes, entering the session to get some deputies from the meeting to vacate the quorum for the meeting , in order not to pass the budget.

And was a member of the citizen Bloc MP / National Alliance / Hassoun Fatlawi, has confirmed that the approval of the financial budget for the year (2013), a political majority, will lead to a new crisis with the Kurdistan Alliance.

Said Fatlawi (the news): The financial budget is supposed to recognize at the beginning of the current year, and we are now in the third month did not recognize, and this delay Born damage to state institutions, as well as the negative repercussions on the political level, noting that the National Alliance wants to obtain the approval of the Kurdistan approval budget, because the political majority approval without Kurdistan will create a new crisis with them.

And witnessing financial budget bill for the current year federal disputes between the federal government and the Kurdistan Region over the latter's demand to pay dues to companies operating in the Region the (4 trillion and 200 billion dinars). / End / 7. N. P /


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Iraqi parliament fails to hold a hearing to vote on the budget and delay the vote back into disarray on Wednesday

05/03/2013

BAGHDAD / obelisk: a parliamentary source said, Tuesday, that the presidency of the Iraqi Council of Representatives postponed a vote on the budget until tomorrow to a lack of quorum for the meeting.

The source told "obelisk", "The Presidency of the Council of Representatives of Iraq postponed the vote on the federal budget for the current year 2013 to on Wednesday due to a lack of quorum to hold the vote," noting that "talks are still ongoing between the various political blocs on to pass the budget" .

He added that he "hoped to hold a meeting between the leaders of political blocs and members to discuss blocs to discuss the passing of the budget."

The parliamentary source said on Tuesday that the Kurdistan Alliance asked the National Alliance to postpone the vote on the budget until after the talks between the coalitions while for House Speaker session ahead of the session for half an hour to lack of quorum, where did not attend the Hall of Parliament, only 120 deputies.

The odds of the National Alliance and the Kurdistan Alliance not to vote on the budget demands of the Kurdistan lies, judge to pay dues of the oil companies operating in Iraqi Kurdistan and $ 4.2 trillion dinars, while the federal government insists that the amount estimated 2.6 trillion.

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Economist: strengthening gold reserves would avoid Iraq from the crisis that machete areas of the dollar and the euro

  03/04/2013
 

Baghdad (news) .. Praised the economic expert on behalf of Jamil, measures to strengthen the central bank reserves of gold in addition to the dollar, describing positive step towards supporting the value of the national currency.
Jameel said (of the Agency news): there is a global economic crisis hit areas of the dollar and the euro, which will affect the economies of Third World countries, including Iraq.

He explained: that most countries of the world started custody of the dollar as the key currency because its price oscillating as a result of the global economic crisis, Valtjot to store gold is considered a safe haven for national currencies to keep them from getting lost.

He added: that a central bank to strengthen its gold reserves and reduce dependence on the dollar is a positive step and will support the national economy and the Iraqi dinar.

The reports issued by international organizations indicated that Iraq sought refuge about storing gold to enhance its gold reserves and reduce the monetary reserves of the dollar in order to preserve its assets and the stability of the exchange rate of the Iraqi dinar. / End / 8. N. P /

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Abbas al-Bayati: will address Kerry's upcoming visit to Iraq crisis in the region and the strategic agreement

  03/04/2013

Baghdad (news) .. expect MP / coalition of state law / Abbas al-Bayati, said dealing with the visit of the Minister of State John Kerry upcoming file region and Iraq crisis.
Bayati said the reporter Agency (news): The John Kerry has adequate information on the file of Iraq and the region as he was chairman of the Foreign Relations Committee of the U.S. Senate as he visited Iraq six times.

He added: Kerry's visit certainly will address many things, but especially the emphasis on supporting the political process and non Altarb as well as activating the strategic agreement.

Bayati stressed: the crisis in the region and Iraq will be present at the meetings and that Iraq can not abandon a strategic ally like USA America can not also impose a political and democratic experience, such as Iraq. / End / 3. N. P /

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Before the vote in Parliament: [where] published details of the state budget as approved by the government

Sunday, 03 March

[Baghdad - where] / report

Hours before the deadline to vote on the state budget for 2013 in the House of Representatives no figures of what will be the final budget, which is said to have the largest budget in the history of Iraq.

Figure announced by the Council of Ministers when approved budget on October 23 of last year, before 4 months and 14 days was 138 trillion dinars, equivalent to more than 118 billion dollars and in recent months has conducted parliamentary committees and negotiations between the political blocs several amendments to the budget figures but did not reach so far to a final version for approval amid popular discontent of damage to the citizens due to the delay in the budget.

And all of Iraq [where] desire to inform citizens on the figures set by the government returned to the Cabinet meeting on 23/11/2011 and specifically to the decision to approve the budget before it is sent to the House of Representatives where he spent 131 days in the corridors of Iraqi politicians noted [where] that all political blocs, which now vary the paragraphs of the budget were present at the Cabinet meeting when the Board approved it before it is sent to the House of Representatives where it was a matter of dispute between the blocks themselves.

According to the Cabinet meeting last October, the council approved a draft law the federal budget for 2013 of $ (138) trillion dinars, an increase of 18% from last year 2012.

The total federal income amounted to (119.3) trillion dinars were the result of calculating the revenues from export of crude oil at an average price (90) dollars per barrel and export capacity of up to (2.9) million barrels per day, including the quantity produced and exported from the territory of Kurdistan and the (250) A barrels per day, where will oil revenues this Development Fund for Iraq after deducting (5)% for war reparations Kuwait has reached the investment budget (55) trillion dinars and the operating budget (83) trillion dinars distributed to institutions, ministries and state bodies all will be distribution of public expenditure according to the rates population after excluding allocations of the federal ministry center and sovereign expenditure as shown in the following table:.

T. sector amount (Dinar) Percentage%

1 Security and Defense 19.86 trillion 14.3

2 Education 12.71 trillion 9.2

3 Power 29.45 trillion 21.31

4 Environment and Health 6.82 trillion 4.94

5 Social Services 17.7 trillion 12.81

6 water, sewage and sanitation 4.2 trillion 3.04

7 Transport and Communications 1.32 1.82 trillion

8 agricultural sector 2.68 trillion 1.94

9 industrial sector 1.71 trillion 1.24

10 construction and housing 1.57 trillion 1.14

11 Culture, Youth and clubs and associations 2.22 trillion 1.61

12 International Obligations and 10.3 trillion debt 7.45

13 central public administrations and local 12.76 trillion 9.24

Estimated budget deficit b (18.8) trillion dinars will be covered by cash retained from the budget in 2012 and the Development Fund for Iraq and domestic borrowing by the treasury transfers and external, as well as from the savings expected from the increased sale prices of oil or increase production or borrowing from the International Monetary Fund and the World Bank where will be empowered and Federal Minister of Finance the power to continue to borrow from the International Monetary Fund which complements the amount (4.5) billion and the World Bank which complements the $ (2) billion dollars during the year 2013 and using special drawing rights up to SDR (1.8) billion dollars to cover the projected shortfall in Federal budget. .

The share of Kurdistan (14.3) trillion dinars, ie (17)% of the total operating expenses and expenses of the investment projects of the general budget of the Federal Republic of Iraq ratified the Kurdistan region after excluding sovereign expenditure and will be settled dues between the Territory and the federal government for the years (2004 until 2012) and years subsequent audited by the Office of Federal Financial Supervision and coordination and cooperation with the Office of Financial Supervision of the territory no later than 15 October 2013. .

The allocated budget amount (250) billion dinars as a reserve to the government and $ (7.2) trillion dinars for reconstruction projects and the development of regions and provinces, including the Kurdistan region to be spent according to plans the reconstruction of the province submitted by the governor and approved by the Council of the province to the Ministry of Planning Federal where will the conservative exclusively implementation plan Reconstruction approved and take the provincial council responsible for monitoring implementation may not make any transfers within these customizations between provinces will also be allocated (1.318) trillion dinars, called assignments petrodollars which the amount of dollars for each barrel of crude oil producer in the province or refined in refineries province and a dollar for every (150) cubic meters producer of natural gas in the province and the province to be used no more than (50)% of the allocations petrodollars to buy electric power and allocate revenues from visa to Iraq to visit the holy sites in 2012 for services visitors and infrastructure, according to the following table:

Conservative ratio

40% of Karbala

10% of Baghdad / Kadhimiya

Salahuddin 15% / Samarra

25% of Najaf

10% of Baghdad / Adhamiya

The draft budget advertising in local newspapers for grades developed within owners in 2013 by the ministries and departments not related to the Ministry, where priority will be given to install contracts exception of the age requirement for contractors in the past years to calculating the contract period as a service for the purposes of retirement and will be exempted of all citizens of the amount of interest for Loans granted to them by the Land Bank, agricultural and housing fund and continue to grant these loans without interest to the citizens and by the souls of each province will be borne by the Ministry of Finance interest rate ..

To support the industrial sector and private sector mixed Like initiative agricultural will be lending to projects Iraqi Federation of Industries and the mixed sector without interest and bear the Ministry of Finance to pay interest to the government banks and the Federal Minister of Finance reallocate the remaining funds and unspent from the approved amounts in the federal budget for the year 2012 and related damages provinces, cities and individuals affected to balance the beneficiary exclusively to conduct paid during 2013, an exception of the provisions (Section IV) of the Financial Administration Act and the Public Debt number (95) for the year 2004 and also has the right to use the approved amounts for the contingency reserve to pay the expenses of emergency incidents and unexpected reduction (3) one billion dinars per case If the amount exceeds this limit must obtain the approval of the Federal Cabinet. .

Under the budget the Federal Minister of Finance in coordination with the Minister of Planning Federal re-allocation of funds for projects Emaar and assigning provinces ((Baghdad (Sadr and torch), Basra, Diyala and Nineveh)), which was launched amounts in the form of advances in 2008 for the purpose of adjustments Agaydip them within the budget in 2013 without that result in an actual exchange as well as the reallocation of revenue actually in land border ports, sea and air, including sovereign revenues during the year 2011 to balance the border provinces both by revenue actually at border crossing points in that province with priority rehabilitation and reconstruction of the border crossing points of each province. .

It is incumbent upon the Minister of Planning to provide the rate of implementation of investment projects for each ministry or entity is linked to the Ministry to the cabinet in the absence of the implementation of a rate (25%) of the allocations of each project through the (6) months from the adoption of the budget For the Minister of Finance, in coordination with the Minister of Planning lifting report to the Council of Ministers to determine the causes of the failure and the House of Representatives questioning the minister or the head of the non-related to the Ministry in the event of non-implementation of a rate (60%) of the investment allocations for the ministry or his department of the federal budget. .

The law authorizes the Federal Cabinet add allocations to federal budget for 2013, when achieved an increase in revenue from exports of crude oil exported through the first six months of this year to pay off the deficit planned budget and securing funds for investment projects of the Ministry of Electricity after approval by the Ministry of Planning Federal addition to amounts import electric power and reimburse the private sector before 09/04/2003 and loans granted by the government banks for salaries of employees of public companies for 2010, 2011 and 2012, loans granted by the government banks to buy barley crop for 2010 and amounts to support the affected governorates (Diyala and Nineveh) and the amounts of census General population will be borne by the Ministry of Finance the amount of interest the (4%) of the total loans granted to the project residential بسماية. / End

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MP Auzmn: budget vote tomorrow for the existence of a political will to approval

03/03/2013

Baghdad (news) .. According to a member of the Finance Committee parliamentary deputy / coalition in Iraq / Hassan Auzmn Bayati, budget Emczura law for federal financial year (2013) will adopt on Monday, the existence of popular and political pressures for approval.
Bayati said in a statement (of the Agency news): The pressures popular and political approval large and will contribute passage budget, stressing that the parliament session for tomorrow will vote on the budget, because the economic life and investment became stalled because of a failure to approve the budget.

The Iraqi MP, to the existence of a political will to approve the National Kalthalv and parts of Iraqi political blocs small, pointing out that the Kurdistan Alliance proposal on payments to the oil companies could Tdmnyh a proposal and voting on the approval or rejection.

And witnessing financial budget bill for the current year federal disputes between the federal government and the Kurdistan Region over the latter's demand to pay dues to companies operating in the Region the (4 trillion and 200 billion dinars). / End / 7. N. P /

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