07-04-2013
Baghdad (news) ..
Called economic expert on behalf of Hadi al-Tamimi, to activate the law
of economic development by the federal government to support the
various economic sectors in the country, pointing out that he has been
enacted in the House of Representatives during the previous session.
Tamimi said (of the Agency news): The Economic Development Act, which
was enacted during the last period in the House of Representatives is
one of the important laws of the national economy, because it supports
the sectors of agriculture, industry and tourism.
He added: that the Iraqi constitution recommended in Article (26)
interest in the different economic sectors and encourage investment to
enhance the revenues of the national economy, but the economic policy
followed currently متخبطة is not encouraging, led to disable a lot of
important laws.
He pointed out: that there are laws many economic Off each waiting for
the legislation in the House of Representatives and the other is
disabled by the Council of Ministers, such as the protection of the
domestic product and consumer protection tariff and prevent monopoly,
saying if the activation of such laws pushed the economy forward. / End /
8 . n. r /
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07-04-2013
Baghdad (news) / report / Hussein Faleh / ..
It seems that the process of counterfeiting has become a lucrative
business with the outlaws, where they appear from time to time cases of
counterfeiting Iraqi groups five thousand and ten thousand dinars.
The number of citizens have complained in the provinces of Baghdad, Dhi
Qar, Babel and Saladin the spread of counterfeit currency and
dramatically in the market, what caused them to resort to buy dollars to
keep their money.
And witnessed the exchange rate of the U.S. dollar soared against the
Iraqi dinar during the last period due to increased demand to buy it.
Deputies and specialists in the economic sphere called the security
authorities and the central bank to take their measures necessary to
prevent the spread of counterfeit currency in order to preserve the
national economy, stressing during their talk (of the Agency news) on
the importance of withdrawing counterfeit currency from the market and
issuing coins new carry blades security difficult to forge.
A member of the Economic Committee MP / National Alliance, / Amer the
winner, called for: the Central Bank and the Economic Crime Directorate
to take their measures necessary to prevent the spread of counterfeit
currency of dinars in the local market.
He said the winner) for the Agency news): The phenomenon of
counterfeiting has become widespread and largely in the market for a
particular category (5000 - 10000) dinars, and this index threat to the
national economy, because it will lose the confidence of citizens in
dealing in Iraqi dinars.
He explained: that the reduction of the proliferation of counterfeit
currency is the responsibility of the security agencies in the state by
taking their own means to fight this economic crime and arrest the
perpetrators.
He added: that the central bank to have a significant role in
preventing the spread of counterfeit currency because it ستربك the
national economy, by issuing coins with new technical specifications and
high carrying blades difficult security fraud, and the withdrawal of
counterfeit currency from the market in order to contribute to the
reduction of this phenomenon.
He had announced the official spokesman of the Ministry of the Interior
enable the Directorate of Economic Crime in the Directorate of
Salahuddin province police to arrest gang specialized foreign currency
fraud and possession of counterfeit $ 130 thousand.
The Interior Ministry also said in a statement mid-March last year that
'the police force to combat economic crime in Dhi Qar was able to
adjust the printing press to the counterfeiting of currency during an
inspection of one of the houses in the neighborhood of Sumer central
city of Nasiriyah', noting that 'force found the amount of 1.521 million
JD forged from all categories. '
As a financial expert as Hadi al-Tamimi, confirmed that the operations
of printing counterfeit currency are outside the country, because it is a
complicated process and accurate through which revealed a cipher
security in the currency, as evidenced by the process spread of
categories of the (5000 - 10000) dinars, and not all currencies.
Tamimi said (of the Agency news): The spread of these currencies in the
market ستشوه dinar reputation and lose the trust of the deal, and this
will cast on the national economy, calling on the security agencies to
combat this phenomenon and the arrest of the perpetrators.
For his part, the Director of the Al-Rimal specialized to sell hard
currency Raed Aziz: that fraud existed in the market since a long time
but have begun to increase, more and more, where it began the category
of the (10000) dinars, and now increased fraud and dramatically category
of the (5000) dinars.
Aziz said (of the Agency news): The process of fraud is very accurate
so that it is difficult to distinguish between editions (potable and
counterfeit) not only in the currency of the dinar and the dollar but
even in some cases, especially class (100) dollars.
He added: that the aggrieved citizen first and last of these processes
simple because it is difficult for him knowing fraud, while ATM per
experience reveals financial fraud in the process, regardless of
currency counterfeiting detection devices.
He pointed out: that the majority of traders and citizens prefer in the
last period the dollar without the dinar to avoid the phenomenon of
counterfeiting, and this is what led to the increased demand to buy the
dollar over the last period and increased its price against the dinar. /
End / 8. N. R /
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