President of the Parliamentary Economic Committee: address the relevant authorities to activate ATM project in the country

 04/09/2012

Baghdad (news) .. Said the President of the Parliamentary Economic Committee Ahmed al-Alwani, said that his committee will address the relevant authorities in order to activate ATM project in the country.
Alwani said (of the Agency news) on Tuesday: that this project, which was scheduled to work for years in order to facilitate the receipt of financial dues to the citizen stopped for several reasons related to the reality of Iraq.

And stated: that the committee plans to address those responsible for activating the work to achieve the aspirations of the building developed banking sector, surprising the "lack of support experience before."

Alwani explained: that this experience worthwhile and was supposed support to keep up with developments experienced by the world, calling to benefit from the experiences of other countries in this aspect. "

The ATM atm is one of the basics of modernism in the banking sector, and was scheduled to be circulated in Iraq since 2008. / End 12. N. P /

 

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Abbas al-Bayati: within two weeks to resolve the file security ministries

 04/09/2012

Baghdad (news) .. most likely leader of the coalition of state law MP / National Alliance / Abbas al-Bayati, sealed the file security ministries (interior, defense), after a progress file.
Bayati said in a statement (of the Agency news) on Tuesday: The reform project started to move as positive and active role between the political blocs and there provides security nominate candidates, noting: that Aahtat blocs note ministerial candidates.

The MP for the National: expect within two weeks will be to resolve the file security final candidates, unless highlights new obstacles for the file, noting that there is openness and detente between the blocks to boot to hold a national meeting.

Bayati said: that the National Alliance bloc relay through the meetings that took place between the blocks of the reform project, and continued: to discredit the project or work on weakening does not serve democracy and the political process.

Included reform paper three points is inviting all political parties to review the situation in light of the political crisis experienced by the country and invited the political parties to deal with the dialogue positively and put all the files on the basis of adherence to the constitution, as well as to invite partners to discuss the important files and find solutions according ceilings time In addition to the commitment to the truce media. Finished / 7. J. N /

 

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Vice Sabi: the need for the United Nations intervenes to resolve the political crisis

  09/03/2012

Baghdad (news) .. called MP / Kota Mandaeans / Khalid Amin Rumi, the United Nations to intervene to solve the current crisis as soon as possible, and expected political blocs to agree on a reform paper.
Romney said in a statement (of the Agency news): it is the duty of the United Nations to resolve the outstanding problems between the political parties and the private and since 2003 was the intervention of the United Nations positive.

He added: that the only solution to the current crisis is dialogue and agreement on the reform paper, expected to get consensus between the blocks on that paper.

The MP said the Kota Sabean: that there is disagreement on some provisions of the reform, but the dialogue sponsor dissolving differences and finding solutions to satisfy all political parties. / End / 2. N. P /

 

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Allawi's "news": We have prepared a plan to change the political map and an end to the situation "tragic" for the people

 09/03/2012

Baghdad (news) .. Revealed leader / coalition in Iraq / Iyad Allawi, for preparing a political plan to change the political map and solve the crisis "stifling" that beset the country, through the policy-making to convince political figures and tribal leaders, to work to end the situation "tragic" that passes by the people.
Allawi said in a telephone interview from the Jordanian capital, Amman (Agency news) on his way to Baghdad: a strong plan was drawn we have prepared months ago off of the National Accord Movement.

He added: that the plan will include leaders and well-known personalities بوطنيتها did not deviate from the line and the national program for the coalition in Iraq, to ​​expand with tribal leaders and the Iraqi tribes and ancient national figures and all nationalities and political blocs and parliamentary elections, to save the country from the impasse that has been reached.

He explained: that the political de-Baathification that we see now and entice members of parliament through threats and intimidation and undo the dangerous security and regional interventions, imposed on us a plan political strategy will work strongly to end the tragic situation of the Iraqi people through lobbying and persuasion media, political and civilian. / End / 4. D. Q /

 

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Kurdistan slowed Baghdad two weeks to pay for oil companies

Sunday, 02 September

Announced the Kurdistan Region, it will continue to Dh oil exports until September 15 in the extension of the deadline granted by the federal government to disputed payments to companies operating in the region.

The Kurdistan region warned that stop oil shipments will resume at the beginning of this month, due to payments But exporters Kordian said that the region decided to give Baghdad more time for the completion of payment procedures.

A source at the Ministry of Natural Resources, "we have decided to extend the deadline so that pump crude to 15 September as a gesture of goodwill."

He said in a statement carried by Reuters that the deadline aims "to give Baghdad more time to solve the problem of payment."

The extension refers to easing tensions in the dispute between Baghdad and the Kurdistan on oil and land rights and power-sharing.

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Heats up debate on the process of deletion of zeros from the currency

02/09/2012







During a seminar held by the (morning)
BAGHDAD - Haider al-Rubaie Flaih - Hussein Tgb Tamimi
Discuss Economists process of deletion of zeros from the Iraqi currency, and the order of the positives that can be reflected on the overall economic activity in Iraq or cons able to affect the business operation and financial in general, and as Deputy Governor of the Central Bank that the disintegration of the monetary system in the country is vulnerable and clear to the overall political process, board Other specialists participated in the seminar that the process requires timelines testify during the economic reality of Iraq more stability, which otherwise is witnessing now, according to specialists.
The deputy governor of the Central Bank of the appearance of Dr. Mohammed Saleh during a seminar organized by the morning yesterday on the process of deletion of zeros from the currency and with it, it's pros or cons related to the overall economic process: that Iraq suffers from enormous power of the monetary mass estimated at 35.3 trillion JD inflation rates caused an increase to dangerous levels, which called for the initiation of change currency and deleting three zeros in order to shrink as it believes in the use of small cash categories.
Pointing out that the deletion will be produced by issuing classes cash small up to 25 fils in order to fill a need transactions small future, stressing that the Iraqi dinar currently covered well and cash value estimated at more than $ 60 billion, a cap could keep the value of the dinar from All economic variables that could face the country.
Saleh was who delivered Mahazerh first at the symposium had answered a number of questions that guide the participants in the same order, as explained during his answers to the financial value of the dinar after the change will maintain its position fully, denying that you get some imbalances in the process transactional to banks and banks with customers who deposited their money before the deletion of zeros.
Despite what was said in favor of the positives can be realized after the deletion, but the president of the Association of private banks Abdul Aziz Hassoun wondered about the feasibility of the change in value of financial standing after the deletion, saying at the same time: what will result from the deletion of zeros, from the comfort of the use of the currency, Will will that rest, economically successful.
In turn expressed an economic expert Dr Akram Abdel Aziz during Mhazertha on the sidelines of the seminar for lack its own absolute in times of time to process the deletion of zeros from the currency, wondering about the impact of the operation in enhancing the value of the currency and whether it will contribute to the positive impact on monetary indicators as well as the guarantee that can Saves the process from corruption.
Abdul Aziz believes that the adoption of a strategy for managing and structuring currency surround require all economic indicators, particularly the effectiveness of the real and service sectors of the economy and what is the percentage of its contribution to the gross domestic product.
She drew Abdul Aziz that enhance the value of the currency can not be achieved implicitly, pointing out that the reasons for this comes because the value of the dinar and the strength derived from the diversification of income sources and increase built sectoral and making them able to produce goods and services, criticizing a growing reliance on the oil sector in supplying the budgets the country's financial and influenced the stability of cash income from foreign currency assets enhanced the value of the currency, as well as that this matter can keep on unilateral export content and increasing import content with a wide range of external borrowing.
And participated in the seminar a number of experts and specialists in economic affairs appeared in many government and private agencies, and will be published an extensive report for the morning seminar in future issues.


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Sadoun: Adoption of the law of oil and gas alone will solve the crisis

Sunday, 02 September

A member of the Kurdistan Alliance Muhsin al-Sadoun, Sunday, that the crisis between the center and the region will not be solved unless the approval of the oil and gas law, which is still under consultation in the House of Representatives expected passing of the bill during the current year.

Sadoun said that "the settlement between the center and the region is out of the question in the case was approved oil and gas law, which now is a mass requirement is not to the Kurds alone, but for all the people of Iraq.

And between Sadoun he "no political movement on more Menen level to accelerate in finding a final version of the law that satisfies all parties," probable "is the law was passed before the end of this year."

He added that "political solutions proved its failure in resolving the crises being aimed at finding a compromise and only temporarily postpone the crises without being solved once and for all, but we are counting on the next stage of the legislative solutions to end crisis once and for all."

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