Wednesday, April 17, 2013

Najib: the restructuring of the currency would help in reviving the Iraqi economy


04/17/2013

BAGHDAD / Raghad Doham

Confirmed a member of the Finance Committee in the Iraqi Parliament Najiba Najib that "restructuring of the Iraqi currency is an urgent need in the form that is in harmony with the size of the budgets of the country and the amounts received by the state, so it is important to be adopted currencies metal with small groups and others with large groups such as the" 20 "1050 thousand Iraqi Adinar the. "adding that" structural re-used financial and Tistaad policy to revive the economy of the country. "

Najib said that "these prefectures with large category will help traders and Iraqi businessmen dealing in Iraqi dinars instead for asylum to the U.S. dollar to the difficulty of the transfer of the amount of Iraq."


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Abdulabas Xiaa: Central bank to develop procedures to prevent fraud at the currency exchange after deleting three zeros of them


17-04-2013

Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Abdulabas the Xiaa date for the implementation of the project to delete the three zeroes from the currency earlier this year (2014), stressing that the central bank measures that will limit fraud and manipulation that may accompany the process of replacing the currency.

He said Xiaa (of the Agency news): The project to ايعد delete the zeros of the three from the Iraqi currency only, but re-structuring currency in terms of reduction of banknotes, noting that the highest category of paper will be (200) dinars, which is shorthand for the $ (200) thousand dinars, equivalent (170) dollars.

He added: that the central bank will begin its procedures proactive implementation of the project during the current year Ktba currency and contracting with companies to be after the process of replacing the currency in early next year, pointing out that the central bank put strict measures to prevent fraud that may accompany the replacement process.

He pointed out: that the country needs to restructure the project after the currency to delete the three zeroes from being on the verge of an expected increase in fiscal revenue in the coming years This figures Sechtzel and banknotes.

He explained: that the project will include Coins & Stamps, and consists of categories (half JD, JD, JD 5, 10 dinars, 25 dinars, 50 dinars, 100 dinars, 200 dinars), so that the employee if his salary million Vestelm thousand dinars, ie five categories of paper from the category of ( 200) dinars, stressing that this process will facilitate a lot of financial and monetary matters. / End / 8.'s. m /

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MP Faizullah: the continuing problems of the central bank will affect the stability of the exchange rate of the Iraqi dinar


17-04-2013

Baghdad (news) .. Warned the Vice-Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, of continuing problems within the central bank charges on his work because it will affect the stability of the exchange rate of the Iraqi dinar.

He said Faizullah (of the Agency news): that the central bank is a major financial institution and job maintaining the stability of the currency and control of financial and banking operations, Fasthdavh will decrease would in front of international banks, and lose confidence in him, and thus affect the stability of the Iraqi dinar.

He added: can not be any party to interfere with the work of the Central Bank or directing false accusations untrue to reality, as it is an independent body unrelated third party run by financial experts and economists.

He was accused member Integrity Committee Jawad Alshahyla, the current Directors of the Central Bank of stealing 10 tons of gold, as well as other operations of currency smuggling and money laundering.

And witnessed the exchange rate of the Iraqi dinar severely decrease its price against the U.S. dollar, which made economists fear the financial and monetary situation in the country of the problems that may affect it. / End / 8.'s. M /

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Parliament receives the amendments to the law of accountability

04/17/2013


Parliament receives the amendments to the law of accountability


Detection and Minister of State for Parliamentary Affairs purity of net debt, sending a draft law amending the Law of the Supreme National Commission for Accountability and Justice to the House of Representatives for legislation.

Safi said in a press statement: "The first amendment bill to the law of the Supreme National Commission for Accountability and Justice was sent to the House of Representatives for the purpose of voting on legislation". He was chairman of the Justice and Accountability Commission parliamentary Qais الشذر has announced that the Council of Ministers approved the amendments to the law of accountability and justice and decisions by majority, stressing that the decision alternative would raise the injustice of a large number of Iraqis, as pointed out that it was agreed to end the file within 18 months from the date of approval .

For his part, ruled out the decision of the House of Representatives Muhammad Al-Khalidi, that is passed amending the law of accountability and justice in Parliament. Said Khalidi in a press statement on Tuesday: "The Justice and Accountability Law is one of the important laws that will implement positive impact heavily on achieving a vital part of the demands of the demonstrators , even though we see that the recent amendment did not change anything of substance out of the law, if it is not described by the more severe in some paragraphs. "

He added that "the law met with convulsive reactions from within the blocks that fall within the National Alliance, and this will create a major crisis within the House of Representatives in general and especially within the National Alliance, and will not allow the provision of adequate political majority to pass within the parliament."

In the meantime, the State of Law bloc linked to vote on amendments to the law of accountability and justice to vote on a draft law banning the Baath also stipulated compensate all those affected by the dictatorial regime.

A member of the bloc affiliated to the National Alliance Shaker Darraji's (Center Brief for the Iraqi Media Network): "The Ktltna will not vote on the amendments to the law of accountability and justice in the House of Representatives unless it is finished compensate all those affected by the dictatorial regime." He continued: "It is not fair be granted rights to the Baathists while still rights were not up to those affected by the former regime, despite the passage of ten years. "He continued:" We do not have we a problem in the granting of rights in amendments accountability and justice, but that preceded the granting of rights is primarily for those affected. "

It is said that Vice Chairman Bakhtiar told Judge (Center Brief for the Iraqi Media Network): "What announce some of the existence of selective application of the law of accountability and justice from the Commission incorrectly."

He said the judge that "the exceptions granted by the Commission for covered proceedings included all Iraqis," noting that "the majority of the exceptions granted by the Commission applied in the five provinces of Diyala, Salahuddin and Anbar, Nineveh and Kirkuk, especially with regard to the return of the former Iraqi army officers." In turn, explained Member State of Law Coalition MP virgin Farouk that the adoption of a law criminalizing the dissolved Baath Party will change the positions of the political blocs reject the amendment of the law of accountability and justice in the House of Representatives.

Said Farooq in a press statement: "Modify the accountability and justice came from meetings of the Committee of Five and deported from the Council of Ministers after the ratification of the amendment and is now in the House of Representatives," adding that "the approval of the Council of Ministers on the amendment does not mean approval of both parties political him, but there are views of the deputies about. "and added that" passing a law criminalizing the Baath Party, in the House of Representatives will change the positions of the political blocs refusing to amend the law of accountability and justice, "noting that the second requirement of the demonstrators on the law of amnesty has not yet been decided between the issuance of a general amnesty or special.

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