Iraq: Parliament discusses the sacking Shabibi after 18 days

 Saturday, November 20

Twilight News / revealed the Iraqi List, Saturday, to discuss the issue of the sacking of Central Bank Governor Sinan al-Shabibi in the next session of the House of Representatives, usually dismiss Shabibi by the government "encroachment" on the authority of the House of Representatives.

A member of the Iraqi List the Nabil Hrbo "Twilight News", "The House of Representatives will discuss the sacking Shabibi in his first session after resuming work, which will be held on the sixth of next month."

He explained that "sack Shabibi by the government is beyond the authority of Parliament."

And that "the government suddenly sent a letter to the House of Representatives at least show Shabibi, and it would have been better is the resolution agreement three Alrisat".

"The government's decision is harsh and fast and will affect the reputation of Iraq's economic global financial institutions."

The Iraqi government announced last Tuesday, for the dismissal of Central Bank Governor Sinan al-Shabibi from office on charges of financial corruption and the appointment of Abdul Basit Turki alternative until further notice.

The Supreme Judicial Council, announced last Thursday, the case for Central Bank Governor Sinan Shabibi judicial organ of the Court of integrity to decide the validity of the charges against him or not.

A spokesman for the Supreme Judicial Council, Abdul Sattar Bayraktar said in a statement received "Twilight News" copy that "frequency in the media of TV channels, newspapers and news agencies news attributed to an anonymous source refers to the intervention of Chief Justice Judge Medhat al-Mahmoud in the case Shabibi."

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Deputy warns of vibration dinar exchange rate and financial transactions by the current crisis, the central bank

 10/20/2012

Baghdad (news) .. Warned MP / coalition in Iraq / Qais Cdhir, of potentially affected by the current crisis, the central bank and exchange of accusations regarding the sale of hard currency, the exchange rate of the Iraqi dinar against the U.S. dollar, and the external financial transactions through the lack of confidence of international banks in dealing with Iraq.
Said Cdhir (of the Agency news) on Saturday: supposed to be there extremely cautious in dealing with the Central Bank by the committees formed to monitor the work and scrutinize all claims regarding breaches sale of hard currency in the auction because it is major financial institution reflects the credibility and transparency of the financial system in the country for global banks and international financial institutions.

He added: that the financial institution depends on the degree of credibility and reliability of the body that deals with In the event of a lack of confidence to those who carry on the management of the central bank, it will reflect badly on the country's financial system, which will affect the foreign dealings with international banks.

He pointed out: that the continuation of the crisis the central bank present and exchange of accusations between his administration may lead to reluctance to work central bank auction and therefore will affect the exchange rate of the dinar against foreign currency, calling for an end to the crisis as soon as possible to maintain the fiscal policy in the country. / Finished / 8 . d. Q /

 

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World Bank the impementation of strategic projects doubled grants for iraq

10/20/2012

BAGHDAD / JD / .. called on the World Bank representative in Iraq Maria Helen to go for the implementation of economic and development projects in addition to the development of the administrative aspects in all institutions.
She said in an interview / JD / World Bank works to finance several projects in this direction in excess of $ (800) million.
She said financing Atagaf process at this figure, pointing to increasing this number associated with the implementation of projects agreed upon in accordance with a specific time plans raise the confidence of international bank Iraqi side. Stressing that the implementation of strategic projects that will raise the number of donors to Iraq projects carried out by the World Bank.
The World Bank supports a program to support the private sector in Iraq and activating its potential executive / end / 21 h.

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Planing 60% allocated to the operating budget in 2013

10/20/2012

BAGHDAD / JD / .. revealed by the Ministry of Planning for the allocation of 60% of the general budget for 2013 for operating leases.
He said ministry spokesman Abdul Zahra al-Hindawi / JD /: "Budgeting for 2013 allocated 60% of which are operational, investment and 40%."
Hindawi pointed out that the investment budget of about 42 billion dinars, and 73 billion dinars for the operational ".
He noted that the percentage of the operating budget is expected to go up or down, indicating that the general budget is still with the government and numbers is not yet stable, and did not go out to the parliament. "
And identified the federal budget for Iraq for the next year by about $ 113 billion.
Ali Shukri Iraqi Planning Minister, in a press statement, said that the budget for next year calculated on the basis of the price of $ 85 for a barrel of oil, which defined by the International Monetary Fund, and committed Iraq by along with the adoption of the size of the export of oil by 2.6 million barrels per day, on the grounds that there are oil lines will enter production in the coming months.
The Iraqi Minister of Planning that were retained 17% stake Kurdistan region of the budget, after deducting the amounts of sovereign and governing such expenses ration card, and the Ministry of Defense and State to reach the remainder to 13.4% of the total budget. / Expired / 11 N /

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Today Kurdish delegation arrives in Baghdad to make sure of the specific budget that region

10/20/2012

BAGHDAD / JD / .. A member of the Iraqi Council of Representatives Kurdistan Alliance MP Mohsen al-Sadoun for the arrival of a delegation from the Kurdistan to Baghdad to make sure going forward specific territory.
Sadoun said / JD /: "The delegation includes figures of Kurdish political blocs headed by Vice President and Prime Minister Imad Ahmad and will meet with President Jalal Talabani first.
"The delegation that came specifically to make sure the federal budget specific to the region of the budget that in 2013."
He Sadoun "delegation will discuss the files in question between the region and the central government," noting it was the first visit of the delegation of Kurdish since the outbreak of the crisis between Baghdad and Kurdistan.
The Kurdistan Regional Government, announced in a press statement, the Deputy Prime Minister Imad Ahmed Kurdistan delegation will be headed by heading to Baghdad, confirmed the prime minister and a unified national strategy regarding the current situation and developments in the region.
The statement pointed out that "the Council of Ministers of the Kurdistan Region held its regular meeting seventeenth, headed by Prime Minister Nechirvan Barzani."
The statement pointed out that "in the facilitator of the meeting, which was held last Wednesday Prime Minister highlighted the meeting of the regional president Masoud Barzani with the political parties in the Kurdistan region to explain the results of his recent meeting with President of the Republic of Iraq."
The statement noted that "the meeting discussed the draft law the federal budget, which is under discussion in the Iraqi National Council, and to participate in the debate on this law, will head a delegation from the Kurdistan headed by Imad Ahmed, Deputy Prime Minister to Baghdad, where he will offer views of the Kurdistan Region on those points relevant province of Kurdistan. "
The Iraqi Minister of Planning Ali Shukri was retained 17% stake Kurdistan region of the budget, after deducting the amounts of sovereign and governing such expenses ration card, and the Ministry of Defense and State to reach the remainder to 13.4% of the total budget. / Expired / 11 n

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Vice mass citizen: national meeting to be held next month .. There are elements of the crisis is over

  18/10/2012

Baghdad (news) .. According citizen bloc MP / National Alliance / Furat al-Shara, the existence of the elements of the breakthrough is part of the crisis is the efforts of the President of the Republic and paper reforms, noting that the national meeting to be held next month.
Shara said in a statement (of the Agency news): There are many elements indicate the existence of a breakthrough to the current crisis, but this optimism is not severe because some attitudes are an obstacle to the resolution of all disputes.

He explained: that the efforts of President Jalal Talabani and his conversations with the leaders of political blocs in addition to put paper reforms and contained points are to receive the proposals of the political blocs and the delegation that will come to Baghdad from the Kurdistan Region and the demands of political blocs that could be implemented by reference to the Constitution all these indicators out of the current crisis by sitting briefly the political blocs on one table and put their differences.

The MP said the National Alliance to: national meeting to be held early next month, calling for political blocs to give up their demands and to deal seriously with the national meeting of justice on the part of the crisis.

The parties of the political process, held high hopes for the return of President Jalal Talabani in Baghdad after a trip treatment, which lasted three months in Germany, to resolve the political problems that have become influenced by the institutions of the state, but that this hope is weak because of statements convulsive launched by some political blocs . / end / 2. n. p /

 

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Expert: the establishment of a free trade zone between Iraq and the United Arab Emirates in Baghdad will enhance trade relations of the two countries and will serve the national economy

 18/10/2012

Baghdad (news) .. The economic expert Latif Abdul Salem Ugaili, the importance of the establishment of free economic zones in the country to support the national economy, adding that the talks between Iraq and the United Arab Emirates concerning the establishment of a free trade zone in Baghdad will promote commercial exchanges between the two countries and will serve the Iraqi economy.
Ugaili said (of the Agency news): that the free zones is one of the pillars upon which the national economy in developing countries in particular, and is defined as specific geographic areas subject to special laws and regulations contrasting what applies them to the rest of the state, noting that it enjoys the benefits and incentives make it outside the customs border of the country.

He added: imports and exports markets of the free zones are not subject to import and export controls and customs duty, any state that exempts materials that deal with the free areas of some taxes on any activity in order to achieve beneficial to the economy of the country, and because of its importance to add sources of funding to develop and attract foreign investment and the transfer of modern technology and employment.

He noted: that step both Iraq and the UAE to establish a free trade zone, especially in Baghdad is a step in the right direction in order to enhance the development process by helping to attract funds national and foreign establish industrial projects, and will strengthen the operations of trade exchange between the two countries, especially since the United Arab Emirates is a market and promising the world and in all areas, which serve the interests of the national economy.

The General Authority for Free Zones under the Ministry of Finance discussed with Emirates Mac International Corporation the possibility of establishing a free trade zone, especially in Baghdad, according to the controls. / End / 8.. /

 

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