Financial expert expected stability of the exchange rate of the dinar against the dollar (1189)

  29/10/2012

Baghdad (news) .. Expected financial Habeer cute Abdul Salem Ugaili, the central bank's ability to reduce the value of the U.S. dollar against the Iraqi dinar in the coming period, stable price (1189) dinars.
And Zkralekala in a statement (of the Agency news): The central bank strives to reduce the value of the dollar against the dinar more during the coming period, and possibly up to the price (1189), which aspires to him central, and maintain the stability of the dinar.

And between: the price of the dollar against the dinar during the past six months non Mstqrhh, it swings between high and low, indicating that monetary policy in the country is facing major challenges.

Ugaili confirmed: that the central bank has proven its success and its ability to maintain the value of the national currency in lost these pressures.


The central bank allowed for (25) private banks to sell the dollar according to certain controls, and gives each bank weekly million (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit banks (10), JD to create a balance between the amount of currency displayed and the size of the growing demand to maintain the value of the dinar against the dollar. / end / 21. n. p /

 

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Close to him reveal for "news": Allawi asked President Talabani formal written pledge from Maliki to the implementation of the Arbil to sit at the table of dialogue

 28/10/2012

Baghdad (news) .. A source close to the head of the Iraqi List, Iyad Allawi, said that Allawi told the President of the Republic in the last meeting, which bring them in Baghdad, that the Iraqi List, Allawi personally, do not trust the prime minister because it did not abide by the commitments and agreements agreed.
The source said in a statement singled out by the Agency (news): The Allawi told President Talabani in their last meeting in Baghdad three weeks ago, he does not trust Maliki and any commitment expressed by the implementation of the political conventions.

The source revealed: that Allawi asked President Talabani writes that Prime Minister Nuri al-Maliki pledged in writing and formally implement the remainder of the Erbil agreement, then it will be meeting with al-Maliki and political partner for the sake of the country.

The source said: that Allawi will sit on the table of dialogue with al-Maliki after his pledge to the implementation of the Arbil, revealing pledge to the Iraqi people.

This seeks President Jalal Talabani to hold tripartite meetings and mass between the political leadership of the country, to resolve the crisis. / End / 3.. /

 

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Osama Jamil: Deportation of crises for the next parliamentary session will be solved .. Will soon be resolved

 10/27/2012

Erbil (news) .. Ills MP / Kurdistan Islamic Union / Osama Jamil, deport political crises for the next parliamentary session, to be held from resolved, and because the reluctance of the political blocs in the House of Representatives will change.
Jameel said in a statement to the Agency (news): The crisis between the federal government and the Kurdistan Region will remain constant until the end of the current parliamentary session, and there will be no solution.

He added: other political crises most will leave the session for the future, and that carried over will be difficult to solve, due to volume changes Parliamentary blocks in the next session of the House of Representatives, the mismatch will increase their seats and the other less.

The MP for the Islamic Union, that the repercussions of the crisis does not affect the operation of the House of Representatives dramatically, pointing out that the major political blocs want the Council to not be as strong.

The political arena is witnessing differences between the blocs, especially between Baghdad and Erbil, which has become, leaders differences, at the same time seeking the President to bring the views between the political blocs and holding national meeting which will hopefully take place next week. / End / 24. N. P /

 

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Rapporteur of the Committee on Economy: Dealing "Panevaalah" with the issue of the central bank will affect the financial situation of the country

 25/10/2012

Baghdad (news) .. Warned the decision of the Economic Commission MP / coalition of Kurdish blocs / Mahma Khalil, the probability of the impact the current issue of the Central Bank on the financial situation in the country in terms of lack of stability of the dinar exchange rate and prejudice Iraq's international reputation in the field of monetary policy.
Khalil said (of the Agency news) on Thursday: Dealing with the issue of the central bank and the province, "Panevaalah" by the investigative parliamentary and some stakeholders will affect the financial situation in the country and ستزعزع of Iraq's status of international hand cash transactions with international banks.

He added: supposed to be dealing with the issue of central bank professionally and efficiently away from the emotions and prefer to present to the House for discussion and development of solutions to them, because it is a sensitive issue and would hurt the balance sovereign country and adult (70) billion dollars.

The Cabinet voted during its regular Tuesday (16 October 2012), the prime BSA Abdul Basit Turki take over the management of the post of Governor of the Central Bank and the Agency.

A number of media, in (14 October 2012), sources monitoring the Iraqi judiciary issued an arrest warrant for bank governor Sinan al-Shabibi corruption charges, pointing out that the latter fled abroad after the issuance of the note, with the bank denied the news, saying that Governor is currently involved in an annual conference in Tokyo and will return to Baghdad.

And was a member of the investigative committee on the work of the Central Bank of Haitham al-Jubouri confirmed, (14 October 2012), the issuance of arrest warrants and travel ban against Central Bank Governor Sinan al-Shabibi and officials at the bank, and what was seen that the survival of portfolios abroad will prove corruption charges.

And demanded that the Finance Committee in the Iraqi Council of Representatives, on Monday (15 October 2012), Central Bank Governor indictees providing evidence, while some expressed fear that these accusations are "politically targeted" for the bank.

The central bank announced in January 2012, that the high exchange rate of the dollar against the Iraqi dinar in the Iraqi market, in addition to higher sales of hard currency back to finance trade neighboring countries by Iraqi traders, noting that sales of hard currency during the beginning of the current year reached double what was sold during 2011. / end / 8. n. p /

 

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Decision of the Committee on Energy: an agreement between Baghdad and Erbil to provide a draft oil and gas law for a vote HCL

 10/24/2012

Baghdad (news) .. said decision of the Commission on oil and energy MP / Kurdistan Alliance / Qassim Mohammed Mchkta, the Kurdish delegation that visited Baghdad agreed with Deputy Prime Minister for Affairs Energy and Oil Minister about the possibility of providing a draft law of oil and gas to the House of Representatives for a vote.
He Mchkta (of the Agency news): that the talks are continuing between the Governments of the Kurdistan Region and the federal government to agree on the vertebrae law of oil and gas from the Committee of Five problem of the Ministers of the Federal Oil and Kurdistan and the heads of parliamentary blocs and ending with the delegation of Kurdistan, who visited Baghdad and met with officials of the file oil in government Federal.

He added: that the delegation met with Deputy Prime Minister for Energy Affairs Hussain al-Shahristani and Oil Minister Abdul Karim and coffee to discuss the possibility of reaching an agreement between the local and federal governments to approve oil and gas law, which is one of the important laws in the country.

He guessed MP for the oil and energy to provide the oil and gas law to the House of Representatives at the end of the current year to be discussed and voted on.

There's oil and energy committee three drafts of the parliamentary oil and gas laws are drafted in 2007, the draft Government and the Committee a draft of the proposed law.

Since the adoption of the Constitution, such as the oil and gas law highlighted outstanding issues between Baghdad and Erbil did not succeed former House and the current finding consensus on a common formula for the oil and gas law.
Article (111) of the Constitution, "the oil and gas property of all the Iraqi people in all the regions and governorates," while Article (112). "

First that the federal government will administer oil and gas extracted from current fields with the governments of the producing regions and provinces, to be distributed and imports fairly commensurate with the population distribution in all parts of the country ". / End / 8. N. P /

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Kuwait agree on a financial settlement with Iraq on Kuwait Airways

23/10/2012

BAGHDAD / JD / .. Kuwait announced a financial settlement with Iraq on Kuwait Airways.
A statement from the Iraqi Foreign Ministry received / JD / copy of it: The Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid had contacted Foreign Minister Hoshyar Zebari, today, confirmed the approval of the State of Kuwait to resolve the issue of Kuwait Airways and signed Kuwaiti Amir Amiri Decree to decree Act for approval of a financial settlement that has been reached between the two sides.
The statement said that Kuwait law published today in the Official Gazette of Kuwait, and law firms have been informed in Britain to halt all proceedings on the Iraqi Airways and Iraqi property.
It showed the Iraqi Foreign Ministry that this resolution would lift all restrictions and complications on rebuilding Iraqi Airways and their freedom to buy new aircraft and the establishment of its air fleet.
The two sides have signed a final settlement of the fact that Iraq pay $ 500 million in compensation final to Kuwait Airways. / End / 22

Habib Terminal: the political scene has become a "series of crises" .. The need to hold a national meeting

 23/10/2012

Baghdad (news) .. According citizen bloc MP / National Alliance / Habib Terminal, that the political scene has become a "series of crises," and urged political blocs subtracting Multi majority government it is a step in the right direction.
Terminal said in a statement (of the Agency news): The national meeting is a step in the right direction because of the political process need to sit down political leaders at the same table and put all differences on that table.

He added: that the political scene has become a "series of crises" so I need to develop a mechanism to resolve the crisis and the presence of the need to hold national meeting in order to clarify who wants to pay the political process forward and does not want to.

The MP said the bloc citizen: that the national meeting will be held after Eid al-Adha and on the political blocs raised the subject of the government's majority in this meeting because it is a step in the right direction.
And was a member of the citizen Bloc MP / National Alliance / Ali inch, Shiddaly take solutions to the problems with the participation of all political blocs, including the Iraqi List.

He said an inch in an earlier statement (the news): The status quo political situation does not hurt the interests of all the political blocs and the country, and we must find a way appropriate to resolve the crisis and the outstanding issues between the blocs, explaining: that sitting delegation political Kurdistan Region with the National Alliance is a positive step for understanding on a lot of issues that discrepant. / end / 2.. /

 

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