Central Bank speculative cost of the project to delete the zeros up to 172 billion dinars

Saturday 14/07/2012

BAGHDAD / JD / .. the Iraqi Central Bank estimated cost speculative project to delete the zeros from the currency up to 172 billion dinars .. The study by a private project delete the zeros received / JD / copy: The total cost of speculative to project the deletion of zeros up to a hundred and seventy-two billion dinars, ".. the bank said in his study that the wages of transport and insurance of the role of copyright to the Baghdad International Airport up to (140), calculated on the basis of the ratio between the highest and lowest price (90-189) billion dinars from the presentations made by companies .. He added that "the cost of speculative Stamping coins of the new currency of (16) billion dinars," the bank .. He continued, "The wages of cargo , Fridays and official holidays, overtime, etc. .. of (15) billion dinars ".. He pointed out that the cost of the media campaign and the costs of different limits (1) billion dinars, the bank .. and recalled the cost of the replacement process for the period from 15/10/2003 to 15 / 4/2004 amounted to the wages of the printing and transfer of currency to (240) dinars, and wages of minting coins up to (16) billion dinars, and a ring of total costs allocated to the banks amounted to (13) billion dinars. and attributed the bank the reasons for the deletion of zeros for three reasons First, the process Delete the zeros will be an opportunity to add new features of the Iraqi currency to prevent potential counterfeiting of the new currency through the use of specifications of high security, leading to increased customer confidence (public institutions) as a result of low or no cases of fraud .. He pointed out that the second reason that the process of removing zeros will to reduce Alokiem digital currency and financial Almahacbah and may reduce the role of time, effort and cost required to complete financial transactions and accounting as well as the possibility of reducing the number of banknotes traded, especially if banknotes were printed large categories ".. He said the third reason Vankh enhances the possibility of maintaining the Iraqi dinar exchange rate against foreign currencies gained the confidence of its customers. The central bank has decided to adopt some of the features and pictures to be developed on the new currency after deletion of zeros .. And obtained by / JD / a copy of the book's central bank, which included the historical and cultural landmarks and images to be placed on the implications of the currency close to the mentality of the Iraqi public and culture .. According to the authors included a paper currency a number of monuments and pictures the most important, put a picture to bridge the imams and the magnitude of the significance of high-value if it reaches the bridge between both sides of the River Tigris and the terminal Mrakadi Imams Musa al-Kazim (AS) and Abu Hanifa (ra) .. The book entitled the bank to the Directorate General for the issuance and cabinets: This is dedicated to the highest class of the new currency a category (200) two hundred dinars and the dinars on the back of this paper and put a picture of the Baghdad school .. He said the central bank: put on the face of the category (100) dinars, hundred dinars, pictures of Azwaip area in Baghdad, one of the areas which was set up by the ancient suspension bridge, one of the achievements of the Iraqi state .. Iraq is one of the leading countries in the establishment of this type of bridges, shown in the image building of the Iraqi Central Bank, in addition to the building of the University of Baghdad, is the oldest scientific institution in Iraq in the second half of the twentieth century, while placed on the back of the paper image (ziggurat), one of the features of construction Iraq at the dawn of history .. According to the book's central bank: put on the face of the paper of class (50) JD (fifty dinars) image of the King Codaa one of the most kings of the dynasty of Lagash II (King XII), a God of growth and fertility, while the back of the paper have included a picture of Fort Ukhaydir a Fort archaeological its construction dates back to the Abbasid era forts and defensive unique in a deserted area, such as those constructed in which this fort is located to the south-west of the city of Karbala .. The central bank said: that in the face of the banknote (25) dinars (twenty five dinars) was developed, the image of King Hammurabi receiving the law .. This is the spiritual father of the King humanitarian legislation, as written in the custody of the rules governing the life and transactions in the famous Mselth either the back of the paper have included a picture of a peasant of Iraqi Kurdistan with the help of men in the preparation of the field of agriculture .. He said the central bank: put on the face of the banknote (10) dinars (ten dinars), a dinar, the Arab-Muslim This is a dinar, which was minted in the reign of the Umayyad dynasty beginning of the circulation of money in the Islamic state, which hit the inside and one features of the state and its sovereignty and economic independence, The back of the paper has developed a picture of the lighthouse Hadba in Mosul, one of the landmark development of excellence in our beloved Iraq .. Either category (5) dinars (five dinars) was placed on the face of her paper image of a waterfall entirely on Beck in Kurdistan Iraq, a reference to the state's interest in water and its sources in addition to the interest in tourism and the environment either the back of the paper has developed a picture of a palm Iraq, a sign of a property for each land black from southern Iraq to the north and to honor the (aunt Palm), said Mustafa (peace be upon him) and the central bank said in writing: in line with the best applications and international experiences, he decided to stop the basic parameters of the currency notes of the categories (25000,10000,5000) JD Traded to the road as it is in the new series (25,10,5) dinars to enable the audience with her as a thousand imprinted in his memory. The bank was keen to choose the designs of the coins are the generality and comprehensiveness of significance, and have a positive impact on all the people of Iraq, where he put on the aspects of coins map of Iraq and highlights where the Tigris and the Euphrates, and the center of the map a circular area to install the coin mineral, while the other side of coins have included, first class (2) JD's image (the Monastery of Saint Matthew), a historical site and my soul is located in the north of Iraq, and taken by the Iraqis of different sects and religions shrine to seek blessings and tourism. Included in category (1) BD image and reality are inspired from the displacement of Kurds Faili designed and prepared the Ministry of Culture. Has been developed on the category (500) fils image to fill a modern on the River Euphrates, and was intended to highlight the importance of water and means of storage and organization in Iraq, and on the category (250) fils putting pictures to fill Kut on the Tigris River, for the same purpose, and put on a category (100 fils), a picture of a lion Babylon, symbol of the power and vigor of the nation of Iraq. and put on a class (50) fils a picture of the palm, the symbol of Mesopotamia. and class (25) fils put a picture of the Ishtar Gate in memory of great Iraqis. / Finished / 11 n

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Member of Finance Committee: Central Bank of a plan to stabilize the exchange rate of the dinar against the dollar

 Saturday 14/07/2012

Baghdad (news) .. Announced by the Finance Committee MP / National Alliance / Faleh applicable, a plan to keep the Iraqi dinar exchange rate, reference the reasons for the increased demand for the dollar during the last period to the international economic sanctions imposed on Iran and Syria.
The effect (of the Agency news) on Saturday: There are many factors that made the U.S. dollar exchange rate increases to the dinar, which increased government spending and generated by the increase in the budget year, and exposure of Iran and Syria to the UN economic sanctions make them desperate need of dollars.

He pointed to: that economic sanctions imposed on Iran and Syria, after a lot on the stability of the dinar exchange rate they come either to buy dollars directly from the market or import of goods from the Iraqi market, such as materials of construction or industrial, which make the Iraqi trader accepts to buy dollars for import of goods once again, increasing demand it.

He added that the central bank has a plan to preserve the value of the Iraqi currency include the continued sale of hard currency in the auction as well as opening many outlets to sell the dollar, both in government and private banks or in the ports bypass the other, with the increase in the amount of currency sold under certain conditions to create a balance between volumetric display and demand.

This has allowed the Central Bank's (25) private banks to sell the dollar according to certain controls, and gives each bank a week million and (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit for banks (10) dinars.

Comes a central bank to create a balance between the amount of currency offered and size of the growing demand to maintain the value of the dinar against the dollar, in time, which is still the exchange rate ranges between (1240 - 1250) dinars per dollar. / Finished / 8. D. Q /

 

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Just Berwari: solving the problem of oil contracts between Baghdad and Erbil have to be away from the political

Saturday 14/07/2012

Arbil (news) .. The leader of the / Kurdish coalition blocs / Adel Tawfiq Berwari that the problem of oil and gas between the federal and provincial government are Azmat problems between the two parties, calling after the intervention of politics in this matter and leave the problem between the Ministry of oil province and the Ministry of Petroleum federal government .
Berwari said in a statement (of the Agency news): not in the interest of the political blocs and media escalation, especially as part of the Government of the Territory and the federal government nor the provincial government of national partnership was formed.

He added that the outstanding problems between the federal and provincial government stuck for more than (6) years and deepened, indicating that some deputies of state law are trying to escalate the media.

The leader of the Kurdistan Alliance bloc to: that the law of oil and gas crisis, the problems between the province and the Centre, demanding that politicians should not interfere in this case, a proposed resolution between the Ministry of Oil in the Kurdistan Region and the Ministry of Oil in the local government.

This has seen the relationship between Baghdad and Erbil tension due to the oil contracts, and powers on the border and disputed areas. / End / 24. For. M /

 

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Deputy for Iraq: continue to seek to question al-Maliki and the next week or the next will make the motion to the presidency of Parliament

13/07/2012

MP for the WIN center coalition in the coalition in Iraq Mohammed Iqbal continued to seek to question Prime Minister Nuri al-Maliki, noting that "the next week or next week will formally apply to the presidency of the parliament."

He told all of Iraq [where] the day that "the committee formed to complete the automatic interrogation completed all the files that will be questioned al-Maliki on them and that caused the delay of a study paper of reform made ​​by the Committee on political reforms, formed by the National Alliance and the knowledge of this paper."

Iqbal stressed that "the interrogation does not conflict with the reforms because it is the vision of seeking for questioning part of the reform on the grounds that there are signs and a defect in the political process and that the notice of others that there is a bug and submit a paper to remedy it supports the vision of the first party."

He predicted that "witnessing the next week or next week, make a formal request for interrogation," noting that he "did not specify the until now deputy who will be the process of interrogation."

Plans to the Iraqi List and the Kurdistan Alliance request to question Prime Minister Nuri al-Maliki to Parliament as a way to question al-Maliki another no-confidence after his inability to persuade President Jalal Talabani, submit a request to withdraw confidence from Maliki to Parliament.

He Iqbal expressed his hope that "there will be flexibility and formulated in this paper a different way from the papers prior to that we do not want to add a link failure of the episodes of the previous quorum disappointed serious as it must be Htak ceilings specified time and new considerations and consistent blocks, which will be discussed this paper and provided guarantees And what is her reaction in the absence of commitment to it. "

He noted that "the paper in the case presented in the same framework, and political psychology in a paper agreement Arbil, which was formed through which the Government will reject by all the political spectrum, but if A_i_arna it was written in the same new, the will of a real out of the crisis, and that includes the main demands of the paper Arbil, I think it would be There is talk of another. "

The National Alliance was announced last Sunday to complete the paper reforms, drawn up by a committee of seven members in it, indicating that the paper will be put on the rest of the political blocs.

Included paper reforms, 3 points is to invite all political parties to review the situation in the light of the political crisis experienced by the country and to invite the political parties to deal with the call for dialogue positively and put all the files, but on the basis of commitment to the Constitution as well as inviting partners to discuss important issues and find solutions according to the limits of time In addition to the media's commitment to the truce.

On the failure of Prime Minister Nuri al-Maliki to attend the questioning session Iqbal said that he "does not have a person above the law and that failure to attend al-Maliki or any other indicator of the presence of the Minister of a major crisis in Iraq."

And on the changing position of the Sadrist movement from question to question al-Maliki said Iraqi MP that "everything in the political process as possible and unexpected is that the Sadrist movement emphasizes the Thvazath and position of the performance of government and the Prime Minister and may become, a change in some particulars, but we say that the questioning does not need the same number of votes of no confidence, so it is past and the Sadr movement will join those who seek to withdraw confidence. "

Iqbal statements regarding promised to dissolve parliament and hold new elections as a "fictional statements and can not be applied and so that authorized them to realize that the House of Representatives is the one who resolves itself, a difficult thing at this stage."

And that "the big dilemma is that the Commission can not hold provincial elections in the light of the timetable and the financial allocations and the end of its mandate, if so how was the dissolution of the parliament."

Prime Minister Nuri al-Maliki that in the event of failure to resolve the political crisis and a national meeting, he will dissolve parliament and hold early elections. Ended 11

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Attorney-Maliki: Parliamentary Committee on Economics will host the Ministers of Trade and Finance next Sunday

13/07/2012

Said a member of the Committee on the economy and investment representative Abdul Salam al-Maliki said the Commission will host the ministers of trade and finance next Sunday.

He said in a press statement received by all of Iraq [where] a copy of it today that "the Committee will discuss with the two ministers to financial constraints and economic barriers to achieving progress in the sectors of banking and business in Iraq in addition to discussing the reality of the card Altamonah and defaults made ​​in the distribution of its vocabulary and focusing on improving the qualities that Torzaa in card items. "

Maliki said that "the table of discussion will include the issue of additional funds demanded by the Ministry of Commerce to secure the card items in addition to the discussion of import licenses and mechanisms that have been applied for licenses in accordance with applicable laws and regulations set its fees and taxes."

He continued that "the Committee will discuss the commitment of the Ministry of Finance to pay the allocations required by the Ministry of Commerce to provide a card items and coordination happening between the two ministries and the issue of import licenses Altamonah card."

He said al-Maliki said "the Committee will seek in programs within the current legislative session to try to overcome the problems and constraints of past and focus on economic and commercial aspects that affect citizens directly in order to raise the standard of living of the individual and reduce the burden on his shoulders." Ended.

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Najafi al-Maliki meets with a delegation of the National Alliance

13/07/2012

Met with Prime Minister Nuri al-Maliki with a delegation of the National Alliance, the Iraqi Parliament Speaker Osama Nujaifi in Baghdad and they offered him their condolences and the condolences of the death of his wife and mother.

A statement issued by the Information Office of the President of the House of Representatives Osama Najafi and quoted (and independent Iraqi news agency) that "Prime Minister Nuri al-Maliki visited Najafi in his private office in Baghdad with a delegation of the National Alliance, and offered their condolences and sympathy."

The statement quoted Najafi thanks and gratitude "for Maliki and his accompanying delegation on the sincerity of their feelings sincere and fraternal solidarity."

The head of the House of Representatives rejected a request to the national security adviser to Vice President Tony Pellnkn, to meet Prime Minister Nuri al-Maliki, according to a statement issued, the media by his office in the 14 of June.

Is considered to meet with Maliki and Najafi is the first in nearly four months, where the crisis has intensified between them after claims the withdrawal of confidence from the Prime Minister and the participation of the President of parliament meetings of Erbil, Najaf, and calls MPs from the coalition of state law to withdraw confidence from Najafi, after detecting a coalition of state law, led by Nuri al-Maliki, in (June 23, 2012), to submit a request signed by 25 deputies to the Presidency of the Parliament to hold a special meeting to discuss the "violations" of constitutional and administrative boss Osama Najafi, indicating that the deputies sites belonging to different political blocs, as revealed leadership of the coalition of state law, Kamal Saadi (22 last May), for the collection of signatures of 163 deputies to remove from office Najafi.

The head of the Iraqi parliament Osama Najafi, last June no objection to a request for dismissal if there were enough votes for that, as called for respect of applications submitted to the vote of no confidence by the Presidency of the Parliament, it was considered that there is no management will continue under the democratic system.

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Vice Kurd: failure to implement political agreements will enter the country the status of chaos and conflict

  Friday 07/13/2012

Baghdad (news) .. advised the MP / Kurdish coalition blocs / Haji Mahdi, Prime Minister Nuri al-Maliki's implementation of the Convention of Arbil, for fear of entering the country the situation of chaos and conflict.
Haji said in a statement (of the Agency news): The Convention concluded Erbil Prime Minister Nuri al-Maliki of a lot of the problems in the political process and went to the democratic government of this, the non-implementation of the Convention will lead the country into a dictatorship and chaos.

He added that the continuation of Maliki's fudging on the implementation of terms of the agreement would lead to chaos in most areas, and disorders do not praise consequences.

He said MP for the Kurdistan Alliance bloc to: the lack of seriousness of the National Alliance to respond to the paper submitted by the parties Arbil - Najaf.

The United Nations expressed concern about the lack of implementation of political agreements, which was held in support of democracy and the most important agreement that emerged from Erbil Iraqi government. / End / 33. For. M /

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