Saturday, August 11, 2012

Adviser: The Central Bank is not a corridor for criminals and smuggling and ready for accountability

 8/11/2012

Baghdad (news) .. central bank adviser said the appearance of Mohammed Saleh, the central bank ready to be accountable to the House of Representatives and ready for the disclosure of all information held by the Finance Committee and to assist them to find the information you need.
Saleh said (of the Agency news) on Saturday: The Central Bank is not a corridor for criminals and smuggling of money as claimed by some members of the Finance Committee, a prestigious institution with a prestigious history, indicating that the central bank is ready accountable to the House of Representatives.

He added that Article (103) of the Constitution provides for the accountability of the central bank in front of the House of Representatives if there is any doubt in the work of the Central Bank a right of the Finance Committee after the Ministry of Finance.

He pointed out: that the bank would cooperate with the Finance Committee to detect people who want to tarnish the reputation of the bank through the work of smuggling, if any, praising, the work of the financial and control of the central bank for the detection of terrorists and smugglers of public money.

He said: that the most important elements of governance of the Central Bank is the accountability, transparency and disclosure to create an atmosphere appropriate to the Finance Committee to search for terrorists in the Central Bank. / End / 21. D. Q /
 

Expert: Iraqi funds frozen in a huge global banks and the central bank bears the responsibility for not retrieval

  8/11/2012

Baghdad (news) .. Stressed financial expert Mohsen Ali, the importance of investment in Iraqi funds frozen in international banks serve the strategic projects of the country, blaming the central bank responsible for not recover that money because it can recover through its external relations
Ali (of the Agency news) on Saturday: The central bank bears the greatest responsibility not to invest in Iraqi funds frozen in international banks, amounting to more than (62) billion dollars, because it can connect to global banks and the recovery of the money of the country.

He stressed: that the large size of the frozen funds if invested properly to have achieved substantial financial resources of the state, as well as benefit from the implementation of investment projects and services, in addition to that it will solve a lot of service problems experienced by the Iraqi citizen, such as electricity, housing and others.

According to international reports to Iraq's possession of large sums of money frozen in international banks, which dates back to the officials of the former regime were frozen after the fall of the year (2003). / Finished / 8. D. Q /
 

Member of Finance Committee: Iraq will face many economic crises in the next stage

 8/11/2012

Baghdad (news) .. likely a member of the Finance Committee MP / National Alliance / Magda al-Tamimi, for many economic crises in the country during the next phase, due to continued volatility in oil prices will affect the public budget and a lot of projects are interspersed.
Said Tamimi (of the Agency news) on Saturday: The oil is now in a dangerous situation and the state at a sensitive stage, because of the effects of the Syrian situation by situation in Iran and its threat to the continued closure of the Strait of Hormuz, as well as the political crisis in Iraq, and all these factors affect the Iraqi currency.

She added that the export and the price of oil had been unwavering during the last stage, and Iraq is not up to now to the volume of production, which was adopted in the budget, calling the policy decision to be conservative side of safety.

She explained: it is not with the expenditure of any imports coming into the state treasury, as there must be balance to the crises facing Iraq could in the future.

And seemed to influence the Syrian situation in Iraq and clearly economically and politically, where a rise of prices of fruits and vegetables, food and various goods deployed in markets where they come from Syria, as well as Iran's threat to the continued closure of the Strait of Hormuz in the event of a military strike, which leads to obtain significant economic losses in Iraq and the countries that benefit from this strait. / Finished / 5. d. Q /
 

National Alliance: Meeting Allawi and Maliki should be a national interest of the country

 8/11/2012

Baghdad (news) .. Called MP / National Alliance / Waeli faith, both Prime Minister Nuri al-Maliki and the Iraqi leader Iyad Allawi to meet, noting that their meeting was a national necessity in the interest of the country.
The Waeli (of the Agency news) on Saturday: The votes obtained by the al-Maliki and Allawi makes them weight can not be ignored and are a national figures, which manages the political process since 2003 and that the meeting would end all the problems, in order to devote themselves to building the country and strengthen the state in all corners and Moisadtha.

He added that the dispute and the dimension of the current between the two parties is not due only detrimental to the citizens in a time of street tension and clear, and people suffering from the failure to provide services as required, and this will only be achieved through the construction and ages, which is the responsibility of parliament and the government, which is where Maliki and Allawi limbs important.

Said: This should meet the political parties and stop the dangerous escalation of the media that launched some of the characters, bloodshed and to stop bleeding assassinations and terrorist bombings. / Finished / 4. D. Q