Sunday, November 18, 2012

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


 18/11/2012


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

Link

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



 11/18/2012


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

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

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 /
 

Sunday, November 11, 2012

MPs are proposing an increase in the provision substitute for ration card (25) thousand dinars .. And demanding the exception of flour from the decision to cancel

 11/11/2012

Baghdad (news) / report / Hussein Faleh / .. After cabinet decision to cancel the ration card and compensating amount of money of $ (15) thousand dinars, which angered ordinary citizens and described by some as the decision unfairly targeted the poor class of the society, while he sees the other as a bold decision aimed at eliminating corruption was rampant in the Ministry of Commerce.
Has confirmed a number of MPs that the decision "Saeb" and fight corruption in the Ministry of Trade and specifically the process of importing and distributing individuals ration card but needs a specific mechanism to be applied through the formation of a government committee to control food prices in the local market, in addition to increasing the amount to (25 ) thousand dinars to enable citizens to purchase materials from the market, demanding their talk (of the Agency news) except flour cancellation of the decision being the basic material needs of the Iraqi citizen.

Economic committee chairman MP / coalition in Iraq / Ahmed al-Alwani, said: Despite the money allocated in the general budget, which is estimated billions of dollars for the ration card and the efforts by the Ministry of Commerce to improve their reality, but the ministry proved its inability to provide vocabulary fully to the citizens and of good quality.

He Alwani (of the Agency news): The final decision issued by the Council of Ministers to cancel the ration card and replace it with money is "good" in principle, although he came hasty some thing, but needs to be a specific mechanism and deliberate to avoid increasing prices in local markets through control of the market and the provision of strategic stocks to avoid any crisis get the local market.
He noted: that the amount estimated by the government, which will ration card and adult (15) thousand dinars inadequate for citizens, so we should work to increase the amount allocated and remains support continuous flour by the Ministry of Commerce as a longer background material intervention in staple food of the people, as well as activating the role of the central markets in order not to give the opportunity to weak souls of monopoly or manipulating the prices of food to cause a crisis in the country.

The Cabinet decided at its forty-eighth, which was held Tuesday (6 November 2012), replacing the ration card currently applicable amounts of cash distributed to the covered system mentioned by (15) thousand dinars for each individual.

Prime Minister Nuri al-Maliki has been considered, that the ration card system in need of reform, stressing that the Council of Ministers decided to provide food in the markets in addition to the amount due, also considered the Commerce Department that the cabinet's decision to abolish the ration card "for the benefit of the citizen", vowing it inject food in the market at a subsidized price after the cancellation of the card, with a Council of Ministers confirmed the good plan to prevent any state or high inflation in food prices within the Iraqi market.

As revealed by the Commission services MP / National Alliance / Kamilh Moussawi: the existence of corruption during the process of importing the ration card items When it came to Iraqi ports are unloaded trucks and fake without the knowledge of the Ministry of Commerce and is thrown material on the market and sold at commercial rates.

Musawi said (of the Agency news): Some families complain of lack of delivery of the ration card four fully them monthly and other hosts complaining of poor materials that reach them, so there operations great corruption issue ration card, the government and the House of Representatives failed to fight for years throughout.
She: The decision to replace the ration card with money to the people will eliminate the rampant corruption by and serve the citizen, in spite of the amount allocated to him good, but must grow to (25) thousand dinars and exception flour from the decision to cancel the citizens can provide basic food items to him and according to specifications and qualities desired by.

As a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed Hussein, has said: that his committee surveyed completely in the form of a questionnaire to all Iraqi provinces for quality Vocabulary ration card that link citizens were findings suggest that citizens complain of not delivering materials to them fully a month, as well as poor brands and some of them did not receive any material of food available in the ration card.

Hussein said (of the Agency news): Corruption is not only in the Ministry of Commerce, but there are mafias are replacing food either from companies or agents ration, adding that most of the materials that are distributed unfit for human consumption "and some citizens in the province of Nineveh sell their shares to الغنامة to be used as feed for the animals. "

He added: that the replacement of the ration card system amount of money better than the distribution of poor is not fit to use as food for citizens, calling for an exception flour that citizens can not be indispensable in his table daily and increase the amount to (25) thousand dinars instead of (15) thousand dinars.

He had guessed Prime Minister Nuri al-Maliki to increase the amount of (15) thousand dinars alternative ration card to (25) thousand dinars.

And trimmed the Ministry of Commerce in 2010, the ration card to five core subjects are flour, rice, sugar, oil, and milk for children, and confirmed that the rest of the ration card items that can be purchased from local markets such as legumes, tea, washing powder and adult milk will be canceled.

It is noteworthy that the majority of Iraqis depend on what furnish their ration card in their daily lives since the start of the international embargo on Iraq in 1991 after the Kuwait war, and includes ration per capita rice, flour, vegetable oil, sugar, tea, washing powder, soap, milk dried (for adults), and powdered milk (for children), and legumes lentils, beans and chickpeas, and estimated the value of these materials per capita in the domestic market by about ten dollars, not counting children's milk, while it is obtained through the ration card $ 500 dinars. / end / 8.. /
 

Parliament in the process of hosting Al-Maliki and Babiker al-ossawi on the abolition of the share

 11/10/2012

Parliament in the process of hosting al-Maliki and Babiker al-Issawi on the abolition of the (share)

BAGHDAD / JD / .. Parliament devoted a session today, Saturday, to open dialogue on the ration card and a decision is likely to host Prime Minister Nuri al-Maliki in the coming sessions to reach the most appropriate decision.
Said committee member Rep. Iraqi List Nora البجاري's / JD /: The House of Representatives agreed to be today's session dedicated to discuss the ration card which was abolished by the Council of Ministers, pointing out that the Parliament will make a decision to host the Minister of Trade Khairallah Babiker Hassan and financial Rafie al-Issawi Prime Minister Nuri al-Maliki, to explain the sudden decision taken without the knowledge of the majority of the House of Representatives, and the why relied Aotakzu this grave decision ".. she said.
Have revealed the parliamentary economic committee for damage to Iraqi citizens by the abolition of the ration card notably, unexpected do traders to raise food prices and the closure of local mills and increased ratios of poverty and unemployment in the country.
In an earlier statement, said committee member MP for the Iraqi List, Nora البجاري's / JD /: The decision Cabinet replacing the ration card of $ (15) thousand dinars came hasty very, did betrays study, and that this decision will increase food prices, and increases the utilization traders who came up in their favor because of the lack of government control them.
And showed البجاري, that this decision will affect the citizens of "poor" in particular, pointing to the existence of the (6) million poor and (5) million unemployed, most of whom depend on the ration card, especially the landless and low-income earners.
MP promised the amount replaced by a very small card that he is not enough poor citizen not fill his need for food.
She, said the decision will make flour is not supported by the state and closing mills and resort to import and mills foreign, pointing out that Iraq possesses Mills large will stop because local production in the country about (900,000) tons of wheat only, and we import about (4) million tons wheat to fill the need.
The البجاري noted that the resolution would give the unemployment Supply agents, saying: The number of agents in Iraq is about (60,000) and the agent.
The البجاري confirmed, that the committee objected to the amount that is replaced ration cards, and we will try to Nrfha even if the amount is 25,000 dinars, to be some kind of balance.
And hit البجاري example, "The food prices in the month of Ramadan rise significantly trimming the budget citizen," What is the case when the demand for food?!.
And I wondered: Is the strict control of government accounting traders who Sitlaabon Bakot poor citizen? , To ensure the delivery of food and supported from customs tariffs and secure delivery to the citizen?.
She pointed out that the distribution of instruments to Moatin in Schoppea banks inevitably to corruption and major problems. And was amazed البجاري of government statements that it will control the process and prevent corruption, saying that the government did not control the corruption of the Ministry of Commerce represented by ministers who succession management, officials and staff, how controlled the traders.
A member of the parliamentary economic committee MP for the Iraqi List: The Committee surprised by the decision, we do not know how and connect Thus proposal and where the cabinet arrived, at which time work and two years ago the food basket.
The Commission has promised to the decision of the Council of Ministers by replacing the ration card of $ (15) thousand dinars for each citizen next year بالمخالف to the Constitution, saying that it would appeal the decision.
He said the Commission's decision Alliance MP Kurdistan Mahma Khalil's / JD /: The Iraqi people by the articles of the Constitution and the rules of procedure of the country is the source of power is contrary to cut their ration card. "
Khalil added, that the decision of the Council of Ministers We reject it because of the Iraqi citizens need to ration vocabulary, and Sentan resolution.
The Iraqi Council of Ministers decided at its Forty-eighth day, yesterday, Tuesday, replacing the ration card currently applicable amounts of cash distributed to the covered system mentioned by (15) thousand dinars for each individual.
A spokesman Alovernmh Ali al-Dabbagh said in a statement, received / JD / copy of it: that the decision included a binding controls for pricing flour to ensure that no price manipulation starting from the first March of next year, and constitute a committee headed by Minister of Trade and organic and ministers of Planning and Finance and the Governor of Baghdad and a representative of the Secretariat General of the Council of Ministers sets guidelines on the implementation of this resolution.
Noteworthy that two-thirds of the Iraqi people depend on the ration card items despite the arrival of the "dropper" by resentment of the street. / End / 11 n

Tuesday, November 6, 2012

Jinan Albraism: a meeting of the three presidencies will solve a lot of problems, including the security ministries

 11/06/2012

Baghdad (news) .. confirmed member of a coalition of law MP / National Alliance / Jinan Albraism, that a meeting of the three presidencies will solve a lot of differences, are likely to be relayed some differences to the next parliamentary session.
She Albraism in a statement (of the Agency news): The dialogues between the political blocs capable of bringing views between the political parties, especially after an agreement on a meeting of the three presidencies (President Jalal Talabani and Prime Minister Nuri al-Maliki, and House Speaker Osama Najafi).

She added: This meeting will solve a lot of differences, including the security ministries and laws stalled in parliament because they need a consensus between the political blocs, he said, adding that resolved depends on the agreement of the political blocs and this agreement comes through dialogue and joint meetings.

She MP for the coalition of state law to: that holding the meeting national needs time to be agreed upon items and set a date for convening as well as the determination of the blocks on his contract and his success, because in the absence of a genuine desire to hold this conference, the differences would deport to the next parliamentary session.

The political scene in differences between the blocs, especially between Baghdad and Erbil, which has become the forefront differences, at the same time seeking the President to bring the views between the political blocs and holding national meeting, which will hopefully be held next week. / End / 2.'s. M /
 

Hamid al-Mutlaq: Parliament sessions for the coming days will be important because of widening differences

  11/06/2012

Baghdad (news) .. Noted MP / coalition in Iraq / Hamid al-Mutlaq, supporting the importance of parliamentary sessions, which will begin on Tuesday, explaining that it would be limited to the normal Guanyin and this case will continue for the next day.
Mutlaq said (of the Agency news) on Tuesday: The differences expands over days that everything has become anonymous, noting that all of the talk about a good position is untrue that the current situation lost, laws task Kalafo year and infrastructure will not pass and the budget in 2013 may be returned to the government because of the presence of observations, and hence the legislative recess disrupt parliamentary sessions and remains as it is the case for another month.

He added: that all the meetings that took place were not serious and was to compliment and not dialogues solution, Valenwaya true national spirit does not exist and balloons media to discredit the other play a role in increasing the dispute at a time when the country retreat security and, service remarkable. / End / 5. D. Q /
 

Sunday, November 4, 2012

Ali Allawi competition enters the office of Governor of Central Bank

 04/11/2012

Ali Allawi competition enters the office of Governor of the Central Bank



BAGHDAD / JD / .. entered the academic, economic and visiting professor at Harvard University in the United States Ali Allawi competition take over as the province of the Central Bank replacing teeth Shabibi, who issued an arrest warrant.
The parliamentary Finance Committee revealed 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.
Known as Ali Abdul-Amir Allawi as an academic and economic, political and currently serves as visiting professor at Harvard University in the United States.
Suddenly shifted from the academic field and work in the world economy to a depth of political action where he held positions of minister of defense, finance and trade in the Coalition Provisional Authority overseeing the Iraq between 2003 and 2006.
It is noted that Allawi was a statement of Iraqi Shiites book in 2002 calling for the overthrow of Saddam Hussein
He studied civil engineering at the Massachusetts Institute of Technology in 1968, then a Master of Business Administration from Harvard University, has also studied at the London School of Economics. He then taught at the University of Oxford.
Referred to as he became involved in the program the young talent in the World Bank., And in January 2007, in an article in the newspaper British Andپndnt, called for the dismantling of Iraq into a loose confederation. / End / 11 N /

Member of the economy: the decline in central bank sales of foreign currency will help stabilize the exchange rate of the dinar against the dollar

 04/11/2012

Baghdad (news) .. Ills member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, reasons behind the decline central bank sales of dollar due to the dimensions of the front companies that were buying currencies and large quantities of bank auction, stressing that this decline will help stabilize the exchange rate of the dinar against the dollar.
Rikabi, (of the Agency news): The reason sales fell Central Bank for hard currency back to the committees formed by the House of Representatives, which revealed the existence of violations in the sale of hard currency auction the central bank through the deal with fake companies and (80%) are buying the dollar and in large quantities without having to import to the country.

He continued: This is what led to the depletion of foreign currency during the past period and the reason for increasing the exchange rate of the dinar against the dollar, noting after the disclosure of such operations companies retreated from its evil in the process of buying dollars from the auction.

He added: There is a big role for the two financial and economic Alniabaten for the detection of money laundering through Mtbaavatha field work's central bank, noting that the decline in the sale of hard currency is positive because it will help stabilize the dinar exchange rate and maintain the financial balance of hard currency for the country. / End / 8. n. p /
 

Saturday, November 3, 2012

Mohammed Ugaili likely selection of a subsitute for Shabibi Next week

03/11/2012

Mohammed Ugaili likely selection of a substitute for Shabibi next week

BAGHDAD / JD / .. According to a member of the House of Representatives deputy state law Mohammed Ugaili names advertised in the media to take over as central bank governor is not the fact, likely to be selected alternative Shabibi next week.
Ugaili said L / JD /: "The corridors of the House of Representatives trading names is three characters that nominated for the position of" Sinan Shabibi, "noting that the non-disclosure and confidentiality them comes in the framework to avoid that there is clamor in the subject or the circumstances of the sensitivity of the central bank" .
And MP, figures will be included aspects of differentiation, efficiency, integrity and management, and improve proficiency in the management of this institution and the House of Representatives will agree on the choice of one over the next week with Iraqi parliament sessions started.
Noteworthy that the judiciary has issued an arrest warrant for Shabibi Iraqi Central Bank Governor Ali financial background suspicions.
According to the report submitted by the committee overseeing the central bank, which included both of the heads of the two financial, economic and BSA under the supervision of First Deputy Speaker of Parliament Qusay al-Suhail: that investigations proved the existence of sale of foreign currency to banks and corporations themselves and that has smuggled to neighboring countries.
The Cabinet decided then assigned Chairman of the Board of Supreme Audit Abdul Basit Turki management position of Governor of the Central Bank and the agency, with the issuance of the Judicial Council arrest warrant against former central bank governor and a number of officials in corruption cases.
And was a member of the Finance Committee MP Magda Tamimi had described the report issued by the Presidency of the Parliament on the central bank Palmtsra and unprofessional.
Media and trading names for the post of Governor of the Central Bank, and conflicting number between three and four figures are "Zia Alckheon, safety Smeisim, the appearance of Mohammed Saleh, and Ahmed ÇáČŃíĺí. / End / 11 n

To ensure the transparency of its work .. Former deputy warns of withholding the announcement of the auction sale of hard currency at the Central Bank

 11/03/2012

Baghdad (news) .. Warned a former member of the House of Representatives Abdul Hadi al-Hassani, making the work of the central bank auction for the sale of hard currency is a public front companies and the public because it will lead to financial corruption and affect transparency.
He said Hassani (of the Agency news): Can not the central bank may resort to withhold the announcement of the sale of foreign currency in the auction for it will affect the transparency and integrity of the central bank, adding in saying can take temporarily to keep the dinar exchange rate and then because selling public.

He praised MP Hassani: monetary policy pursued by the central bank, describing It Balrsana helped the quasi-stability of the exchange rate of the dinar against the dollar after he saw a big drop in front of difficult international currency, likely that the dinar witnessed a significant improvement in its price against the dollar in the coming period.

The Iraqi Central Bank may withhold the announcement of the auction during the last two days without knowing the reasons, where the auction is held five meetings in the bank week from Sunday to Thursday of each week.

The Cabinet decided earlier assigned Chairman of the Board of Supreme Audit Abdul Basit Turki Department of the Central Bank of Iraq to succeed former Governor Sinan al-Shabibi. / End / 8. N. P /
 

Thursday, November 1, 2012

Finance Committee action against the central bank suspended the project delete the zeros


 10/31/2012
 
Finance Committee: action against the Central Bank suspended the project to delete the zeros

BAGHDAD / JD / .. Parliamentary Finance Committee ruled implementation of Hvz process three zeros from the Iraqi currency next year after the recent actions that took place in the central bank.
Said committee member bloc MP citizen Faleh Surrey / JD /: "The recent actions, which affected the central bank suspended the project to delete the zeros from the currency, which was scheduled to be discussed early next year."
The Surrey, that the Finance Committee had decided earlier to have the currency exchange in June next year, the World Bank emphasized the replacement, put the beginning of the year, and accusations of corruption, which affected bank officials postponed it until further notice.
The Central Bank of Iraq, predicted delayed launch of the new currency early next year due to the existence of developments and talks with the government.
The Prime Minister Nuri al-Maliki demanded earlier with the bank to wait in a currency switch and put it in the first of January 2013.
He said Central Bank Governor Sinan al-Shabibi in an earlier statement / JD /: "The launch of the currency early next year is uncertain due to the recent discussions and talks with the government."
Shabibi said "It would be great in the cooperation process with the government."
The central bank governor pointed out that the ongoing process of switching the currency, and previous appointments to put lingering but may delay developments.
The bank had said earlier / JD /: "The launch of the new currency will be 01.01.2013 Despite the demands of the government to slow down the process put forward."
Bank drew a formal letter to the Council of Ministers explaining the pros switch currency on the market and the money supply and increased exchange rate and other issues.
It is noteworthy that the judiciary has issued an arrest warrant for Shabibi Iraqi Central Bank Governor Ali financial background suspicions.
According to the report submitted by the committee overseeing the central bank, which included both of the heads of the two financial, economic and BSA under the supervision of First Deputy Speaker of Parliament Qusay al-Suhail: that investigations proved the existence of sale of foreign currency to banks and corporations themselves and that has smuggled to neighboring countries.
The Council of Ministers decided to assign Chairman of the Board of Supreme Audit Abdul Basit Turki management position of Governor of the Central Bank and the agency, with the issuance of the Judicial Council arrest warrant against former central bank governor and a number of officials in corruption cases .. / end / 11 N /

Deputy National: We hold the national meeting even if they did not participate in it some of the blocks

 11/01/2012

Baghdad (news) .. Stressed member of a coalition of state law, MP / National Alliance / Mohammed Saadoun Chihod, the need for the national meeting, even if they did not participate in it some components of the political blocs to resolve political problems.
Said Chihod in a statement (of the Agency news) on Thursday: some leaders of political blocs practicing political fabricating crises and create problems and obstructing government and the political process since (2003) until now, he said, adding, that those obstructing meeting national because his contract will crises that Avcaloha.

The MP for the National to: the presence of components within the Iraqi List and the Kurdistan Alliance and the National Alliance, with dialogue and a national meeting, and we held that did not participate by some components blocks, to develop solutions to the problems and clarify Almarkulain her, pointing out that the supporters of the dialogue could form a majority government political.

And waving to the horizon, many of the solutions posed by the political leaders of the blocks in the event of failure of the national meeting or some efforts to get out of the current situation. / End / 7. D. Q /