Monday, July 16, 2012

Member: The Finance Committee is determined to apply the tariff during the current year and will host the Minister of Finance

 Monday 16/7/2012

Baghdad (news) .. Announced by the Finance Committee MP / National Alliance / Magda al-Tamimi, for hosting and finance minister in the House of Representatives in the coming days to wait to find out the reasons for the law of the tariff, noting that to insist on its implementation during the current year.
Said Tamimi (of the Agency news): The Tariff Act has been postponed twice during the current year by the federal government, noting that delay the first last February was the result of the lack of awareness of citizens on how to apply in addition to relevant government institutions are not eligible to apply the law Vtm postponed to the end of last June.

She has been sent a book by the federal government to the House of Representatives calling for postponement again with the law without knowing the real reasons, stressing will be hosting the Minister of Finance and some government officials in the coming days in the House of Representatives, specifically in the two economic and financial explain why the patient as the law.

She pointed out: that a lot of people did not know how to implement the law, making a fear of its application, adding that customs duties will be imposed only on the materials necessary for the country and at the industrial goods that Iraq could output to activate the economic sectors Kalsnaaah and agriculture, because the local industry to Atnhi without the presence of tariff .

Stated: that Iraq is required to diversify its revenue and not to rely on oil to avoid global crises (as a downturn in international oil prices or close the Strait of Hormuz) and this comes through the taking of customs duties and activating the economic sectors in the country.

The Ministry of Finance has announced in March last for identifying the first of June next date for the work system, the customs tariff in Iraq after being postponed twice, saying "this time can not be the one to postpone the work system," In the month of June the government announced the postponement of the application of the law tariff for the reasons described Balphenah not create any border customs services to law enforcement. / Finished / 8. n. r /
 

Chuan Mohamed Taha are continuing to question al-Maliki and then withdraw confidence from it

 Monday 16/7/2012

Baghdad (news) .. MP for / Kurdish coalition blocs / Chuan Mohamed Taha, lack of confidence in the reform of the political blocs paper presented by the National Alliance, pointing to the existence of a determination to question the prime minister, and that the Committee will present a paper questioning next week.
Xuan said in the statement (of the Agency news): The coalition in Iraq and a coalition of Kurdish blocs already taken place in the process of questioning of Prime Minister Nuri al-Maliki and his confidence that the interrogation process itself is political reform.

He added that the political blocs do not trust the paper presented by the reforms of the National Alliance because the reform needs to approach nor there is any approach to the reform of state law to resolve contentious issues.

The MP from Kurdistan Alliance bloc to: that the political blocs have not yet looked on the paper reforms that are still taking place within the National Alliance and there refused to block reforms, but it must be in accordance with the mechanisms and guarantees.

And Taha: The problem that the Legal Committee of the blocks meeting in Arbil and reached the final stage of preparation of a paper to question the prime minister will present her paper next week.

This it is hoped to submit a request to question the prime minister to the presidency of the parliament next week. / Finished / 2. For. M /
 

Deputy for the National: The first meeting of the Reform Commission will be with the Kurdistan Alliance next week

 Monday 07/16/2012

Baghdad (news) .. The leader of the Badr Organization, MP / National Alliance / cream Silverline Muhammadawi, The Committee on the reform issue of the National Alliance political blocs will begin meeting next week and the first block Stfawdha is the Kurdistan Alliance.
He Muhammadawi in a statement (of the Agency news) said on Monday: that the Committee on the reform issue of the National Alliance will hold meetings and meetings with political blocs during the next week, and the coalition Alchorstana will be the first delegation will meet him, indicating the following: that after the completion of the meeting with Kurdistan will be held meetings with the leaders of the Iraqi List, in order to resolve the outstanding issues between the political blocs.

He pointed to the MP for the National: the presence of positive signals from the Kurdistan on a meeting with them, and continued: After the bilateral meetings will be held a meeting of all the political blocs, in order to agree on mechanisms to resolve the crisis.

Political scene is still dominated by the policy of counter-action and reaction, and in light of growing concern checks on policy differences, which affect the security situation in the country. / Finished / 7. N. R /
 

Deputy for Iraq: the coming days will resolve the political crisis in the House of Representatives

 Monday 07/16/2012

Baghdad (news) .. Announced the decision of the House of Representatives MP / coalition in Iraq / Muhammad Al-Khalidi, that the coming days will see the resolution of the political crisis between the rival blocs in the House of Representatives, before the reform paper acceptance or withdrawal of confidence in Prime Minister Nuri al-Maliki.
He said Khalidi, in a statement (of the Agency news) said on Monday: So far, no request for the House of Representatives includes the questioning of Prime Minister Nuri al-Maliki, in the case of the readiness of the application will be submitted directly, indicating the following: that the political blocs entrenched in two camps: the first calls for political reform and the other to withdraw confidence from the Maliki, and the Dome of the House of Representatives will be crucial to choose one of two options.

The Council decision: to end the political crisis will be in the House of Representatives by taking important decisions or legislation of laws that serve the state's institutions.

Political scene is still dominated by the policy of counter-action and reaction, and in light of growing concern checks on policy differences, which affect the security situation in the country. / Finished / 7. N. R /
 

Sunday, July 15, 2012

Central Bank currency exchange will reduce the risk of errors accounting system

Sunday, July 15, 2012

Central Bank: currency exchange will reduce the risk of errors accounting system


BAGHDAD / JD / .. Central Bank of Iraq confirmed that the process of printing a new currency with the deletion of three zeros will cost the state less money sad re-sustain damage because of the current currency and economic expansion, noting that the new edition will reduce the risk of errors accounting system. The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh told / JD / that "printing the new currency would cost the state large sums of money but the fact that the current currency and because of the high value and liquidity will cost the state more simply by typing denominations themselves of the same coin because of the damage and the expansion of the economy." "The cost of the current more because when replacement will be the categories of large Vtakhtsr Cache We have now 4 billion securities traded out of 34 Tleraon amount of cash if exported large groups 50 dinars and 100 dinars and 200 dinars, equivalent to 200 thousand dinars, the 4 billion banknotes and shorten billion of which to one billion and a half billion of these banknotes Falclfah be relatively less at the same time shortened (Cache) Cash too ".. He added that "there is also a shortcut numbers The country is dealing with (10 S-12) a trillion, but when replacement deletion of the country will deal with 10 S-9, and this is a big difference, explaining that the switch will reduce the risk of currency accounting system errors. / Finished / P N / A

Kuwait newspapers highlight the UN report on the significant improvement in relations Kuwait - Iraq

Sunday, July 15, 2012

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Highlighted Newspapers Kuwait on Sunday paragraphs of the report of the Secretary-General of the United Nations Ban Ki-moon on Iraq to the Security Council in which he referred to his satisfaction with the progress made ​​in bilateral relations, Kuwait - Iraq, calling on both countries to maintain this momentum and seize the opportunity to resolve all outstanding issues and the normalization of relations between them in full.

Newspapers quoted Ban Ki-moon, he said in a report to the Security Council yesterday on the work of the United Nations mission to help Iraq (UNAMI) said bilateral relations between Kuwait and Iraq «has seen a significant improvement» during the last four months during which the establishment of a joint committee to manage the navigation in the waterways involved in Khor Abdullah.

Focused on the al-Qabas newspaper said the secretary-general, "said the two sides agreed to take the necessary measures to maintain their common border and enhance common security, noting that Kuwait will open consulates also in the provinces of Basra and Erbil.

The Secretary-General of the United Nations to both sides called on the United Nations jointly to begin maintenance work for the maintenance project marks the border between Kuwait and Iraq by the 31 of October next, taking into account to meet the parties to the conditions essential to begin maintenance work in the field.

The paper went on to say that Ban Ki-moon pledged continued United Nations support the efforts of both sides that deserve praise for the maintenance project marks the border in a fast and flexible.

According to the newspaper, the Secretary-General pointed out that the Security Council endorsed the recommendation made ​​by last June to begin the two sides of Iraq and Kuwait to explore other arrangements to promote and ensure the continuity of cooperation in the search for missing persons and property, including the Kuwaiti archives.

At the same, Al Qabas reported, citing the report, Ban Ki-moon stressed that the United Nations remains committed to providing all the necessary support to facilitate the withdrawal of Iraq from its obligations under Chapter VII of the Charter of the United Nations, including the work of the Coordinator of the High-level for Kuwaiti prisoners and Kuwaiti property Gennady Tarasov . / End

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Experts: purchasing power of the citizen will weaken in Ramadan .. And the central bank plan for the possibility of low exchange rate of the dinar

 Sun 07/15/2012

Baghdad (news) / report / Faleh Hussein / .. Preoccupation with market traders and how to turn a profit in the near month of Ramadan, it is likely experts and Vice-low purchasing power of the citizen by the expected increase in food prices is not equivalent to the daily income.
They warned of the low exchange rate of the dinar significantly in Ramadan, because of confusion happening in the local market and the potential for high rates of inflation, but the face of these possibilities put the central bank plan to preserve the value of the dinar, which was sent to the Economic Committee in the Council of Ministers for approval to be effective.

In this regard, said a member of the Finance Committee MP / National Alliance / Faleh force (of the Agency news): The Central Bank may take into consideration the low exchange rate of the dinar against the dollar during the month of Ramadan, he put a financial plan will reduce the gravity of that in the event of approval.

He stressed: that the promises of the Ministry of Commerce to distribute a share with a full additional materials in Ramadan did not affect the prices that Ststar, adding that the ministry had not died on its promises so far.

For his part, most likely, an economist reconcile inhibitor for weakness in the purchasing power of the citizen during the month of Ramadan due to increased prices in the domestic market, which is disproportionate to his monthly income.

The inhibitor (agency news): The Iraq did not possess a system (quota), which cause upheaval in the economic process and trade in the country.

And (quota) in the trading system means that there is a specific price ceiling imposed by the government to merchants and shop owners and requiring them to sell goods and materials at the price specified under any circumstances.

He added that price increases will also affect the local currency by increasing the demand for the dollar and make the exchange rate volatile, especially since the dinar is currently experiencing a decline against the dollar.

The expert proposed solution and the Ministry of Commerce and the delivery of business processes, especially the ration card file for the private sector in order that his functions, creating a competitive atmosphere in the local markets, by providing materials needed by the citizen to it and at competitive prices.

For his part, member of the Economic Commission for MP / coalition in Iraq / Qusay Friday: that an increase in prices in the month of Ramadan is normal in light of the growing demand for the purchase of this without the rest of the months.

Juma said (of the Agency news): It is assumed that the Ministry of Commerce to provide all the ration card items in order to make stable prices in the domestic market, because the price increase will affect directly on the citizen, especially those with limited income.

He predicted the survival of the dinar exchange rate steady against the dollar during the month of Ramadan.

For Member of the economy and investment MP / National Alliance / Resan Abdul-Hussein, he criticized the absence of plans and preparations for the Ministry of Commerce to receive the holy month of Ramadan.

Husseini said in a statement earlier received the Agency (news) copy of it: that food prices in the market began to rise with the approach of the holy month, since there is a growing demand from citizens before, criticizing the lack of plans of the Ministry of Commerce in this regard.

Resan and wondered: Do you think the ministry of Iraqi citizens as possible to be content to distribute five kilograms flour zero for each family and a half kilo basmati rice first degree and a quarter kilo lentils every citizen during the month of Ramadan in the country of its budget $ 100 billion?.

The new member of the Economic Committee: confirmation that there is no mechanism to control the rising food prices before the holy month of Ramadan.

It is noted that the provision of the ration card items are full of Iraqi consumers become problematic after 2003, and reduced vocabulary

Despite the high incidence of poverty and unemployment, and refers to official statistics, there are seven million Iraqis under the poverty line, failed efforts to the implementation of decision to reduce the ration materials, and only the concerned authorities, particularly the Ministry of Commerce certainly that the decision of the reduction came for reasons of policy approved by the House of Representatives and entered the Department of Commerce a. / Finished / 8. d. Q /