Tuesday, April 17, 2012

Saad: National Alliance meeting tomorrow in the presence of al-Maliki and Jaafari



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The Iraqi News Agency Independent / Baghdad / n / x ... MP announced on the mass of the Virtue Susan Saad said a meeting will be held on Wednesday of the Political Commission of the National Alliance in the presence of President Ibrahim al-Jaafari coalition and Prime Minister Nuri al-Maliki.


Al-Saad said in a press statement today transferred the reporter (and independent Iraqi news agency) that the meeting will bring together ministers and leaders of the National Alliance to discuss the political situation and the continuing differences between the blocks

The Saad The meeting also will discuss the current crisis between the governments of the center And the Kurdistan region and agree on appropriate solutions and to the political crisis in general.

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Sinead: Maliki is ready to sit at the table of dialogue and opening of all outstanding issues and resolved in accordance with the Constitution

Tuesday 04/17/2012

Baghdad (news) .. A member of a coalition of state law, MP / National Alliance / Hassan Sinead, the readiness of Prime Minister Nuri al-Maliki, sitting at the table of dialogue and opening of all the outstanding issues to be resolved, provided in accordance with the Constitution and the law.
He said Sinead (of the Agency news) on Tuesday: that al-Maliki was not opposed to sitting at the negotiating table and resolve the political crisis, but it was the idea of ​​the National Congress, especially since al-Maliki has a willingness to sit at the table of dialogue and opening of all the outstanding issues to resolve, subject to be solved according to the Constitution and the law.
Sinead explained: There are some outstanding matters can be resolved in accordance with the Constitution and the others are resolved only through the legal process, and there is a paragraph or paragraphs can be resolved through political consensus.
The Sinead, a close associate of Prime Minister: that the problem of al-Hashemi can not be solved except in accordance with law and the judiciary, The problem of the Vice President of the Republic may be solved to provide al-Mutlaq to apologize to the owners and return to active duty, and continued: with respect to the Convention on the Erbil or problem about the oil and gas law The Constitution guarantees solve There are constitutional articles are clear and reliable.
The Sinead surprised the political blocs to download the entire responsibility for the crisis for the coalition of state law or the Prime Minister, in the absence of the desire of the rest of the blocks to sit on the table of dialogue (to him).
And repeat member of a coalition of state law: his emphasis on the willingness of Prime Minister Nuri al-Maliki to sit at the negotiating table and resolve the crisis.
The MP said the / National Alliance / Mohammed al-Hindawi, the lack of solutions and the continuation of the leaders of political blocs, "silence" towards the crisis contributed to its expansion, surprising causes of failure to reach solutions to the outstanding files / Finished / 1. For. M /

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MP Najib: an independent central bank can not be anyone to interfere in his work

Tuesday 17/4/2012

Baghdad (news) .. Member of Finance Committee rejected the MP / Kurdish coalition blocs / Najiba Najib the Prime Minister's intervention the central bank being the work of an independent body and can not be linked to a particular third party.
The answer (of the Agency news) said on Tuesday: that the Central Bank is an independent body financially and administratively and can not be any hand that dares interfere with its affairs because his work is the foundation is to keep the public money and the organization of work of financial and economic situation in the country, noting that the current monetary policy in the country successful and can not be anyone to question the integrity and the work of the central bank, he is working hard to support the Iraqi dinar.
She added that the decision to wait by the Council of Ministers for the project to delete the three zeroes from the currency was the structure of interfering with the central bank, we reject it but if the purpose of avoiding the Iraqi economy, problems may occur when the application of this law Fsnreh it, but in return we are not with the process of deleting zeros and currency exchange at the moment the fact that economic and political situation in the country is stable and needs to be enough time to study, in addition to broadcast programs to educate citizens before its implementation.
For his part, MP Yasiri (of the Agency news) said on Tuesday: the need for intervention of the federal government in the monetary policy of the Central Bank and coordination among themselves to regulate the financial work in the country, calling to take advantage of government guidelines in the development of future plans and employment of its monetary policy as it is an executive and must be in coordination with all matters of state, and calls that do not support it wrong.
He pointed to: that the decision to wait and postpone the project to delete the three zeroes from the Iraqi currency, which came from the Council of Ministers, is necessary at this time as a new topic can not know the results to be achieved when implemented, so the time is still the time is ideal for entry experience delete zeros from the currency being the process need to be accurate and extensive study, in addition to a new economic crisis in the country a high value of the dollar, and economic problems may occur more when the application of this project. / Finished / 8. d. Q /

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Deputy for Iraq: Government takeover at the Central Bank of devastating and extremely dangerous

Tuesday 04/17/2012

Baghdad (news) .. Warned Rep. / coalition in Iraq / Khaled al-Alwani, to subject the central bank to supervise the government, calling Balmadmr and extremely dangerous, explaining that an independent body under the supervision of the House of Representatives and protect the currency.
Alwani said in a statement received by the Agency (news) a copy of it on Tuesday: The linking of such important body related to the policy of the country would limit the Executive Steering orientation independent to address issues in a flexible and detailed for the problems experienced by the Iraqi economy.
He added that the government is working to create a new crisis in order to be able to connect the central bank directly, explaining that the Central Bank Law of 2004 states Article II that does not interfere with any party to it, especially government parties, and Article 103 of the Iraqi Constitution states that comes, ((is all of the Iraqi Central Bank, the Office of Financial Control, and Communications and Media Commission, and the endowment offices, bodies, financially and administratively independent, and the law shall regulate the work of each of them, and the Iraqi central bank is responsible to the House of Representatives. / Finished / d. Q /

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Monday, April 16, 2012

Expert : Central Bank Need To Change Policies Rather Then Leadership Change

04/16/2012

BAGHDAD / JD / .. stressed economic expert, Dr. Asia Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution. She said Saadi, he can, the bank enhances the position of the currency if freed from the pressures faced by Kanfattah trade currency and the possibility of withdrawal of any amount by any person at any time he wants, pointing out that the solution lies in following the new policies, including a return to the stock market and the central control process sale for a dollar limit on a particular day in the volume of sales as a necessary step to get rid of the control elements that you drag the currency in large quantities, causing confusion in the volume of cash reserves at the bank, which often leads to high exchange rate of the dollar against the dinar. Saadi and stressed the need for the Bank shall determine the beneficiaries of the hard currency as a measure necessary in the current stage, noting that what is important is not who comes, but what he will do. The Iraqi market is currently witnessing a rise of the U.S. dollar against the Iraqi dinar, as sales rose from the Iraqi Central Bank foreign currency, while the central bank attributed the cause as well as to finance trade in the neighboring countries of Iraq by the merchants. The Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in January 2012, for raising the price of the Iraqi dinar against the dollar during its sessions for buying and selling foreign currencies at the rate of four dinars, pointing out that the price of the dinar nominal is not commensurate with the purchasing power to him or the real price of the exchange rate of the dinar against the dollar . The Central Bank of Iraq by January 15 in the past buying and selling of the dollar and the price (1166) during the auction, which is evaluated daily and with the participation of 23 banks, after it was the buying and selling of the dollar price of 1170 dinars to the dollar. / Finished / 20 /

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Vice chest: There are no independent bodies in Iraq and replace a failed Shabibi Bpapan choice in the management of the Central Bank

Monday, April 16 / April 2012

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The vice of the Liberal parliamentary bloc of the Sadrist movement believed that there was no bodies and independent institutions in the Iraqi state.

The MP said Jawad al-Hasnawi told all of Iraq [where] that "talking about the existence of bodies and bodies and independent organizations in the institutions of the Iraqi state a hundred percent is is not true and this also applies to the House of Representatives and the Council of Ministers, which is run by one person, but we can say that those bodies working towards independence and autonomy is not in itself ".

He added that "attempts by some parties linking the bodies supposed to be independent of government, such as the Central came to not subject the institution to control and dominate a specific destination or people either argue sometimes that this behavior comes the service of the citizen, I believe that the citizen's share of which very few, but we can confirm that it utilized for the purposes of electoral and propaganda for the hand and the consolidation of all state resources for the benefit of a particular party "

He Hasnawi that "the rumors about the intention of replacing the central bank governor current Shabibi by the government with Minister of Planning Previous Ali Baban, although not confirmed this information but we think that it would be altered is a failure" and called on "the political blocs to a serious stand to correct Msaraml the state and the political process ".

And picked up some media reports about the intention of official bodies to link management of the government and central bank governor to replace the current Shabibi former Minister of Planning Ali Baban.

The Chairman of the House of Representatives Osama Najafi said during a session of the House of Representatives last week about the "letter sent by him to Prime Minister Nuri al-Maliki urging him not to interfere in the matters of the Central Bank, and showed the message functions and duties of this bank, which is one of the independent institutions."

And denied the Secretary General of the Council of Ministers on the Keywords in a statement asked the government to link the central bank by the government is trying to coordinate positions with the Central Bank in order to avoid damage to the citizen and the national economy and the law of the Central Bank is a bank consultant and a bank and agent financially for the government and within the responsibilities of the exchange of information and opinions and policy coordination cash in accordance with Article 24 of the Bank Act as demanded by the government. ended 2.

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Expert to rule out the return of the dollar price of the real .. And the likely stability when (1226) DT

Monday 16/4/2012

Baghdad (news) .. Ruled out the financial expert Ismail Radi dollar return to the front of the real exchange rate of the dinar, which had settled on a price (1117) dinars, likely to price stability (1226) dinars in the coming period.
Radi said (of the Agency news) said on Monday: The Central Bank has worked hard during the past to keep the Iraqi dinar exchange rate against the dollar through monetary policy, which made the Iraqi dinar is stable at (1117) to the U.S. dollar, but he now has control of the local markets a result of internal and external challenges have led to increase the value of the dollar against the dinar.
He added that the central bank increased its sales of hard currency "dollar" during the current year from (160) million dollars a day to (250) million dollars a day, and can not sell more than the amount specified current, as it will lead to the entry into force of the hard currency of the country, although that its presence supports the local currency as serve as a cover to it.
A financial expert, is that the dollar exchange rate will stabilize the (1226) dinars in the coming period, after hitting a price (1300) dinars will the Central hard to reduce it to the price (1226) dinars per one dollar. / Finished / 8. D. Q /

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