Mahma Khalil: Agreements government Krodstan with the Kuwaiti delegation is not entitled to constitutional members of the House of Representatives to address the region to see its details

  26/01/2013

Baghdad (news) .. Noted MP / Kurdistan Alliance / Mahma Khalil, that members of the House of Representatives has no right to them to address the region to know what type of agreements concluded by the region with the Kuwaiti delegation which recently visited, confirming that it was within the powers of the region.
Khalil said (of the Agency news): The government Alathadahha authorized only one who can address the region to see the agreements that have taken place, and there is government institutions in the Kurdistan recognized by the federal government, and if there is bypass the Constitution by region Fbamkan central government to address these institutions to learn Details of the agreements that have occurred with the Kuwaiti delegation.

He added: confident the credibility of the Integrity Committee, but committee member MP high Nassif trying to pressure the KRG consistently and unfairly in this regard, pointing out that the Kurdistan Region respects all decisions made by the parliament and parliamentary committees.

The delegation visited Kuwait Kurdistan few days past and held a series of meetings with many officials Kurds led by President of Kurdistan Region Massoud Barzani, while demanded a member of the Integrity Commission Deputy High Nassif authority of the Kurdistan Region to disclose agreements held by the region with the Kuwaiti delegation. / End / 12 . d. Q /

 

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Parliament: linking central bank auction electronic network with financial institutions will reduce corruption and support the national currency

 26/01/2013

Baghdad (news) .. praised a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed Hussein, step the central bank to link the auction on the sale of hard currency electronically with institutions Bank and the Ministry of Finance and the General Authority for taxes will reduce the financial corruption and will support the national currency in the country.
Hussein said (of the Agency news): The new technology when applied correctly and in accordance with modern global mechanisms will reduce the boring routine of prevailing in all government departments will support the national currency and the central bank because it will shorten the time and perform transactions as soon as possible.

He added: You must develop the financial and banking services with the latest technology to keep pace with global developments in banks and international financial institutions to contribute to the support and development of the national economy.

It was announced the Central Bank of Iraq, on the implementation of the steps the electronic linking of information daily auction of foreign currency between institutions Bank and the Ministry of Finance and the General Authority for taxes.

The central bank held the Iraqi weekly auction of five meetings for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar. / End / 8. N. P /

 

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Economist: activate economic agreements with European countries will develop the Iraqi economy

  26/01/2013

Baghdad (news) .. Economic expert called Salem Daini, the need to activate all the agreements held with European countries and developed to support and develop the national economy.
Daini said (of the Agency news): Iraq has signed agreements with various economic sectors with European and Asian countries advanced in the areas economic Kalczyk and Ukraine, Sweden, Germany, China and Korea, but still is disabled.

He added: that the activation of these agreements will contribute to the development of the Iraqi economy because those states its cumulative experience in the fields of industry, agriculture and other important economic sectors.

Iraq has signed a series of economic agreements with several countries, some of which still is disabled by the Council of Ministers and other legislation awaiting ratification by the House of Representatives. / End / 8. N. P /

 

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Bank: Central Bank committed all banks to develop their work in terms of the use of modern systems

  26/01/2013

Baghdad (news) .. According to Executive Director of the Association of private banks Abdul Aziz Hassoun, that the central bank face a speech for banks to develop their work through the introduction of modern systems and the use of technological banking.
Hassoun said (of the Agency news): The Central Bank issued a decision committed by all private banks and government using sophisticated banking systems to be able to keep up with developments in international banks.

He added: that this decision will help to develop the banking sector and to enter the competition in global markets, plus it will help to attract foreign investments and contribute to the development process.

It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed according to ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8. N . p /

 

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BSA looking with a British delegation to develop a relationship with the Central Bank, the Bank of England

 26/01/2013

Baghdad (news) .. Search Chairman of the Board of Supreme Audit and Central Bank Governor Abdul Basit Turki Agency with British Secretary of State for Trade and Investment Lord Stephen Crane ways to develop relations between the two countries.
A statement by the Office of Financial Supervision received Agency (news) copy of it: NH During the meeting, which was attended by the British ambassador in Baghdad Simon Cowles and his accompanying delegation discussed prospects evolution of the relationship between the two countries, especially the relationship between the Central Bank of Iraq and the Bank of England in the light of data recent changes. / end / b. PVC /

 

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