Monday, March 5, 2012

Economist calls to speed up the deletion of zeros from the currency

04/03/2012

Economist calls to speed up the deletion of zeros from the currency

Called an economist Husam Obeid central bank to speed up the deletion of zeros from the Iraqi currency to eliminate the negative actions arising from the density of cash. Chairman of the Board of Directors of banks, economy, investment and finance said that the deletion of zeros from the Iraqi currency has become an urgent need to raise the value of the currency and maintain the balance in the market , indicating that the move to Atntoa any negative repercussions, as it is a very positive step given the strength of the currency and contribute to the elimination of the negative consequences arising from the density of cash as one of the main problems that we have in the banking business, both in the operations of counting currency, sorting categories and destroy the bad of them and the provision of the necessary steps to transfer

Link

Iraq begins running the port for the export of oil during the next two days

05/03/2012

Baghdad, March 5 / March (Rn) - Deputy Prime Minister for Energy Hussain al-Shahristani said Iraq will begin running an oil export terminal on the Persian Gulf in Basra over the next couple of days after the operation postponed more than once during the last month.

Basra Systems and Iraq on February 12 last February, the opening ceremony of the harbor which is the establishment of a single buoy allows loading a tanker anchored off the coast.

It was scheduled to open the port in January but the date was postponed more than once for the completion of pipe connections and test the land and maritime sectors, as well as bad weather.

He said al-Shahristani told reporters in Baghdad that "Iraq has decided to start exporting oil through the port pontoon, which accommodates 850 thousand barrels per day during the next two days."

He added that "Iraq's production amounted to 3 million barrels per day, which is part of the ministry's efforts to strengthen the economic capacity of the reality of oil in the country."

That would run the new port the promotion of exports by 300 thousand barrels per day that Iraq needs to keep up with increased production.

Iraq plans to implement the expansion at a cost of $ 1.3 billion to export facilities in the port of Basra on the Gulf include pipelines under the sea and under the earth and the establishment of a single float to load tankers in light of efforts to rebuild the sector after years of war.

And decreased exports of Iraqi crude oil to 2.014 million barrels per day in February from 2.106 million barrels per day in January January

And seeks to raise exports to 2.6 million barrels per day during the current year according to the plan included in the budget of the country's financial dependent on oil imports by 95 per cent.
And Iraq has the fourth-largest oil reserves in the world is estimated at 115 billion barrels, and entered into agreements with international energy companies to raise production to 12 million barrels per day by 2017.

Link

Deputy for the National Alliance, the International Monetary Fund required to reduce the public budget

05/03/2012

Citizen / Babylon / taking notice of good

Deputy for the National Alliance on Alfalh, to claim the International Monetary Fund cut the budget did not affect the budget of the provinces in order to reduce inflation is winning. "And added that the operational budget for the current year took into account primarily the completion of service projects and economic development such as the electricity sector and the promotion of infrastructure." He pointed out that the government has made a special effort with the International Monetary Fund and to urge the support of Iraq and to reduce the inflation situation and work to Sataqrar the Iraqi dinar. "

Link

The start of the eighteenth session of the Arab parliaments in Kuwait with the participation of Iraq

05/03/2012 01:50

The start of the eighteenth session of the Arab parliaments in Kuwait with the participation of Iraq

Started today in Kuwait City events Eighteenth Conference of the Arab Parliamentary Union with the participation of parliamentary delegation to Iraq headed by House Speaker Osama Najafi, Chairman of the Higher Committee of the Conference the Secretary-General of the Kuwaiti National Assembly Allam Al-Kandari said that the conference began after a meeting of the Executive Committee to adopt its agenda, indicating that the heads of and representatives of the parliaments of eighteen Arab countries participating in the conference, and was a parliamentary source said that the visit of the Iraqi delegation will be allocated to participate in the conference will address the Arab parliaments to discuss the outstanding issues with Kuwait

Link

Deputy for Iraq: political blocs count on the National Congress to resolve outstanding differences

Monday 05/03/2012

Baghdad (news) .. MP for / coalition in Iraq / Fri Ibrahim that the National Congress of the separation is the solution to resolve differences or not, indicating that there is no solution to the crisis in politics.
Ibrahim said in a statement (of the Agency news) said on Monday: No politics in not solutions to the crises, but there is lack of agreement and lack of clarity of the visions of some of the political blocs that had a negative impact on the political process.
He added that the cause of the current crisis is not to fulfill the promises of the political blocs and agreements previously concluded between them, including.
He said the Attorney for the coalition in Iraq to: that the political blocs count on the National Congress to resolve outstanding differences between them to Congress that would be a solution to solve the problems of separation or not.
He was a member / State of Law / Saad logistical optimistic the presence of a breakthrough is close to the current crisis after the consensus of the political blocs in the views and the improvement in relations between them, referring to the Preparatory Committee will meet next Tuesday to discuss the outstanding problems and to identify the day of the National Congress.
And logistical said in an earlier statement (the news): The problem of the Preparatory Committee of the National Conference continues her meetings and will meet on Tuesday to determine the outstanding differences and agree on a day to the National Congress.
He added: There is a breakthrough relative to the crisis, especially after the melting of the problems and the approach of problem-solving and consensus views and the improvement in relations between the political blocs.
The member of a coalition of state law to: that the state law that seeks to hold a national conference before the Arab Summit, noting that the conference is subject to the National Preparatory Committee for the resolution of outstanding problems. / Finished / 2. N. R /

Link

In Sulaimaniya airport leaving for treatment .. President Talabani: preparations for the Arab summit has been completed and are ready for the receptio

Monday 05/03/2012

Baghdad (news) .. said President Jalal Talabani that the preparations for the convening of the Arab summit has been completed and Baghdad is ready to receive the Arab leaders.
A statement from the Presidency of the Republic received the Agency (news) copy of it: that the president's remarks during his departure from Sulaymaniyah International Airport on Monday to the United States to complete the treatment they received.
The statement said: President Talabani said where he will return soon to receive the next two presidents to participate in the Arab summit.
The President pointed out in response to a question about the course of the National Meeting to be held to dismantle the remnants of the political crisis that the leaders of national blocs They always bias to enhance the democratic process work and strengthen national unity. / Finished / d. N /

Link