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Sara Johnson

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  1. Parliamentaryeconomy, confirm that the desire to pass infrastructure projects within thefederal budget 22/02/2012 08:31 Baghdad, February 22 (Rn) - A committee of economy andinvestment representative, Wednesday, about not wanting the most of thepolitical parties to pass a paragraph within the budget for 2012 sets theallocation of $ 18 trillion dinars for infrastructure projects to pay oncredit, indicating that Iraq has a multitude of Mali can use it to financethese the projects. The former House refused to pass a bill of infrastructuremade by the government of 70 billion dollars for political motives. It conducts economic and financial discussions in the Houseof Representatives on resolving the paragraph concerning the implementation ofinfrastructure projects are still under study. It is hoped that the exposure of the federal budget nextMonday to vote in the House of Representatives, but some of the parties so asto exclude the presence of many of the points of contention. Committee Chairman Ahmed al-Alwani told the Kurdish newsagency (Rn), "There is a reluctance to pass the paragraph in the federalbudget, which includes the allocation of $ 18 trillion dinars for theimplementation of infrastructure projects to pay on credit," noting that"the lack of desire comes from the belief that these projects Stkplsubsequent governments significant financial debt. " Alwani said that "Iraq has accumulated abundantfinancial year and can be used to implement projects and payment method but noton credit," adding that "his committee did not encourage suchprojects." The amount allocated for infrastructure projects to pass anew gateway projects, payment on credit, the Government intends to implement abill through the infrastructure which was ratified earlier, a value of $ 37.5billion and referred to the House of Representatives, but suffers from problemsin the approval. Under the draft law on the implementation of newinfrastructure, particularly foreign companies, including Korean infrastructureprojects, such as schools, hospitals, water projects, method of payment oncredit. Iraq has suffered from dilapidated infrastructure sectors inthe overall result of long years of siege and war during the last two decadesof the last century. Despite the passage of eight years to overthrow the formerIraqi regime, the Iraqi government could not provide basic public services forcitizens, which often protesting the lack of it. The Iraqi government says that the financial allocationswithin the annual budgets of the country is able alone to promoteinfrastructure projects that require large sums of money.
  2. Iraq: the outstandingissues with Kuwait need for high-level meetings to resolve 22/02/2012 13:14 Karbala, February 22 (Rn) - A spokesman for the Iraqigovernment said on Wednesday that the outstanding issues between Iraq andKuwait need for high-level meetings to resolve it, pointing out that the Iraqigovernment has a certain vision in supporting the private sector. Ali al-Dabbagh told the Kurdish news agency (Rn) announcedtoday while attending the special conference rooms Iraqi Trade, held in thecity of Karbala that "there are pending issues Bin Iraq and Kuwait need tobe intensive meetings and on the levels of diplomatic high between the twocountries to solve all at once." Dabbagh said that "relations between the two countriesas possible to evolve in the future with not only Kuwait but also with othercountries." "We attach great importance too in our relationship withKuwait and we hope that there will be an approach for all the outstanding issuesto be resolved and the payment of relations to develop between us again." He noted that "Iraq is very interested in developingrelations with the countries of the region and Jawa, R., particularly as we areembarking on an important conference which is holding the Arab summit inBaghdad during the month of March next." Noting that "the Arab summitwill be very important when going through the area of ​​events, in addition tothat there are many items that call for Iraq to be in the heart of the eventand good relations with its neighbors." In another context, Skinner pointed out that "the Iraqigovernment has a special program to support the private industrial sectorthrough the Chambers of Commerce," adding that "this support would bethrough new legislation that will support the private sector and overcome theobstacles in front of this sector." However, "as the government pay special attention tothe Chambers of Commerce for its role in the organization of business in Iraqand this conference is very important the fact that most Iraqi traders arelinked to Chambers of Commerce and are in direct contact with these rooms willbenefit the government of recommendations that will emerge from the conference,especially the businessmen consider they the main base for the development inIraq, "he says. He said al-Dabbagh said "the Iraqi government can notdevelop all sectors, and therefore depend heavily on the private sector on thegrounds that the New Testament of Iraq depends on political thought andeconomic private sector and not the state, being an organization of affairsonly, and chambers of commerce is one of the arms that reflect the role of theprivate sector to the government. "
  3. Parliament voted on Thursday to balance the 2012 and six other laws 22/02/2012 PM - 5:25 p.m. | Hits: 97 A parliamentary source said that the Council of Representatives will vote during its 25-second legislative year to be held on Thursday, the federal budget for fiscal year 2012 and six other laws. The source said in an interview for "Alsumaria News", "The session will also vote on the decision of the enactment of the National Authority for People with Special Needs as an independent body." The source, who asked not to be named, that "the agenda for the meeting includes a vote on the balance in the state institutions, and the draft law on ratification of the Government of the Republic of Iraq to the Convention on trade and economic cooperation, scientific and technical and cultural cooperation between the Government of the Republic of Iraq and the Government of the Republic of Azerbaijan". The source added that "the meeting will vote on the bills accession of the Republic of Iraq to the Arab Charter of Human Rights issued by the League of Arab States in 2004, and the fight against trafficking in human beings, and the endowment offices (Shiite and Sunni, and Christians, Yazidis and Sabean Mandaeans." The Iraqi Council of Representatives held on Wednesday (February 22, 2012), its the 24 of the second legislative term of the year the second legislative chaired by Najafi and the presence of 221 ​​deputies, with parliamentary source that the meeting has read the report of the Finance Committee on the Law of the budget year 2012, the first reading of a bill amendment Third Law of the Central Agency for Standardization and Quality Control, and the second reading of the laws setting aside of the dissolved Revolutionary Command Council No. 196 of 1999, amending the Penal Code No. 111 of 1969, a bill exempting farmers and peasants borrowers of the benefits of previous loans incurred discharged, and the registration and approval of pesticides and the draft law regulating the circulation of materials agricultural, and the network of social protection, seeds and seeds. And threatened the coalition of the center, on Wednesday (February 22, 2012), not to vote on the budget if the current did not include the appointment of contract assignment or Two Springs in Nineveh and the promise of good in Diyala, while stressed that the draft budget law is written in the same Central student to establish a fund into which funds provincial returning them to be allocated for the development of the regions. It also threatened to block free of the Sadrist movement, on Tuesday (February 21 now), also not to vote on the budget, but after the distribution of oil imports on the citizens and the allocation of additional funds for the citizens of surplus budgets of the former since 2004 to the year 2011, and increase the salaries of retirees, called upon the to allocate part of that budget to underprivileged strata. The required mass of the citizens of the Islamic Supreme Council, on Tuesday, the repeal of article 25 of the Code the current year budget 2012, and increased prices of agricultural crops for a vote.
  4. Wednesday February 22, 2012 Liberal bloc: I will not vote on the budget until after the allocation of oil revenues are distributed to the people BAGHDAD / babysit - MP for the Liberal bloc Ali Mohsen al-Tamimi said his bloc has taken a final position that they will not vote on the budget in 2012 only after allocating a percentage of oil revenues are distributed directly to the Iraqi people under the guidance of His Eminence Sayyid Muqtada al-Sadr. Timimi said in a statement issued by his office had received news agency public opinion (and babysit) a copy of it on Wednesday: that the Liberal bloc gathered signatures of more than 123 deputies to install the item in the budget allocated and the jurisprudence of the proportion of oil revenues are distributed to the people especially the segment of the poor, adding in the time the same position that this is a firm stand for the Liberal bloc.
  5. Interior plans to take over security from the Ministry of Defence Topic has been read 15 timesAuthor: Future of Iraq 02/22/2012 0:00 Baghdad / Iraq's future Declared a member of the Commission on Security and Defence in Parliament MP from the Kurdistan Alliance Chuan Mohamed Taha intention of the Ministry of the Interior received the security file. Said in a press statement yesterday that "the receipt of the Ministry of Interior security file is positive, if received by the Ministry of Defence file Border Protection, as Iraq is threatened externally and internally , "noting that recognizes the file of Homeland Security does not require a vote in parliament, but an agreement between the security institutions. He added: "The institutions of internal security forces, it will be possible upon receipt of the internal file of Homeland Security, working in a positive, although some systems need to reorganize the security." He stressed the need to rehabilitate the system's intelligence, as one of the most reliable systems of internal security.
  6. MP: 2012 budget law draft 90% completed Wednesday, 22 February 2012 07:32 | | | Baghdad (AIN) -MP Haitham al-Jubouri, member of the parliamentary financial committee, expected that the parliament will approve the 2012 budget law draft tomorrow (Thursday). MP Jubouri, said to All Iraq News Agency (AIN) Wednesday that “We expect that parliament will approve the 2012 budget law draft without obstacles.” He added that “The committee has completed approximately 90% of the budget bill after obtaining consensus on most of the paragraphs within the committee members, which is comprised of various blocs." He also added "The commission will demand that parliament to ask the government to implement all various paragraphs stated in the financial budget." Parliament finished the second reading of the budget law draft during its meeting last Monday and the Speaker Nijaifi stated that next Thursday's session will be devoted to vote on the 2012 budget law draft. /End/ The Finance Committee of the Parliament at its meeting last week confirmed its demanding changes to the budget bill and make transfers to other aspects, with a focus on some of the aspects that has not been resolved until now, especially with regard to increase the salaries of retirees and expansion in degrees career for a number of ministries as well as interest in network social protection in addition to a number of important issues. The government had approved in early last December's 2011 budget for 2012 of a total amount of [100] billion dollars, which is the largest budget in the history of Iraq and handed over to parliament for approval, but the council because of differences among the political blocs has not ratified it so far, which led to the suspension of exchange in many projects and provinces complained of the delay. http://www.alliraqne...itical&Itemid=2
  7. Parliament session over budget starts Wednesday, 22 February 2012 13:13 | Baghdad (AIN) –The Parliament session of Wednesday has started to review the report of the Financial Committee over the 2012 budget law draft. Parliamentary source reported to AIN Wednesday “The parliament session is chaired by Speaker Osama al-Nijaifi and was attended by 221 MPs.” The source added “The agenda of the Wednesday session will include continuing discussions over the budget as the first and second reading of several other law drafts.” /End/
  8. Finance Minister: We expect tomorrow after adoption of the budget address their problems and disability suffered by the On: Wednesday 02/22/2012 13:15 Baghdad (news) .. contract, Finance Minister Rafie al-Issawi a joint press conference with the Minister of Planning Ali Shukri today. Issawi said during a press conference which was attended by reporter Agency (news) on Wednesday: The meetings continued yesterday with the parliamentary committees to solve the problem of the budget, pointing to the existence of a deficit of (15) trillion dinars in the budget. He added, we can plug (10) trillion of Petroleum Exporting Countries Fund for Iraq and (1) trillion of central bank and left (4) trillion, indicating that the remainder of the deficit is not large and does not affect the budget. He explained: that the social benefits for the three presidencies can be converted and utilized to provide the ration card items and to compensate victims of terrorism and solve the problems of property claims. He pointed out: that the final accounts for the five years ago, free of corruption and grouped in two directions through the first advances are estimated in the Office of Financial Supervision and the door of the second through the laws prescribed by the House of Representatives and spent, such as increasing the salaries of the security services. He expected the al-Issawi: Adoption of the budget tomorrow. For his part, Minister of Planning Ali Shukri: the budget and reached the (117) trillion dinars, which is very large, indicating that the deficit, which he obtained was the result of converting amounts of such projects is to other projects and not for the budget, causing the existence of the problem of the deficit. / Finished / 4. d. Q /
  9. Member of the Committee on Energy: Kuwait over the rights of Iraq's oil using horizontal drilling On: Wednesday 02/22/2012 11:09 Baghdad (news) .. Warned a member of the Committee on Energy and MP for the oil / mass change / Bayazid Hassan Kuwait over the rights of Iraq's oil through the use of horizontal drilling on its oil fields near the Iraqi border. Hassan said (to the Agency news) on Wednesday: The use of the Kuwait modern technology known drilling horizontal to extract oil from fields near the Iraqi territory Saatheraly oil reserves in the fields of Basra and the offense must be viewed through diplomatic channels and dialogue between the two sides to resolve it. He added that the Iraqi Oil Ministry was not aware that there is a case of stealing oil from the Kuwaiti side, calling on the Ministry of Oil to the need to verify the authenticity of the news by the Kuwaiti side and knowledge of its consequences, and causes of being a threat to the Iraqi economy, the danger and the formation of a committee to follow up the matter. In the same context, a source from the Federal Ministry of Oil in a statement (the news) for the theft of Iraqi oil by the two neighbors, Iran and Kuwait Bastkhaddamanma drilling technology horizontal to the fields near the Iraqi territory, which led to the withdrawal of Iraqi oil fields. / Finished / 8. D. Q /
  10. Araji: distributing former budgets surplus on the people, our requirement to vote on the budget 21/02/2012 14:51:00 Baghdad (NINA) – Head of the Ahrar bloc, Bahaa Al Araji, said his bloc requires distributing the surplus of the former budgets, 126 trillion dinars, on the people to vote for the budget. He said during a press conference in the Parliament today “there is a surplus of the budgets since 2003 till now and they need to be distributed on the Iraqi people, cash and in hand, for each citizen. He added that his bloc will not vote on the budget unless the competent authorities distributed the surplus of the former budgets. The Parliament is due to vote on the budget next Thursday on the 2012 budget. /End/
  11. Nuseif asks Kuwait to regard Maliki’s visit as the “last” chance to solve problems 20/02/2012 14:35:00 Baghdad (NINA) – MP Aliya Nuseif asked Kuwait to regard the Prime Minister Nouri Al Maliki’s visit as the “last” to solve pending problems altogether. She said in a press statement “the Kuwaiti side needs to consider Maliki’s visit as a positive message and last chance to filter all pending files altogether basing on mutual interests and the Arab, good neighborly and Islamic bonds. She added “the negotiations should start from getting Iraq out of Chapter VII through the Port Mubarak issue and ending with the borders problems and other files.” As for the Port Mubarak issue, Nuseif said “in case it was not settled during Maliki’s visit, then, the last choice left for Iraq is to resort to international courts.” /End/
  12. Central Bank: 10 dinars per dollar commission sale On: Tuesday 21/02/2012 20:12 Baghdad - Mostafa Hashemi, the Iraqi Central Bank has issued instructions to all banks and money transfer companies and banking to determine the dollar and selling commission identified ten dinars to the dollar. The deputy governor of the Central Bank of the appearance of Mohammed Saleh (citizen) that «the Central Bank issued instructions will arrive for all banks to compel banks and remittance companies financial and banking companies not to charge commission for more than ten dinars per dollar above the price of the window», warning «any bank or company manipulator this matter as a deterrent measures will be taken right to be the simplest removal from the auction rates for long is not defined ». Salih stressed that «the new instructions designed to make the citizen has a price, the final of the auction and return banks to the rules of banking right, and continue in its role of mediator between the central bank and the buyer in a transparent manner does not turn into a buyer final controls the rate of interest», pointing out that «the interest of the auction price currently limited to brokers who create either a parallel market ». Saleh explained that «the banks the monopoly because it is only able to login to the window to sell the currency at the Central Bank, and instead of that the bank is an intermediary between the Central Bank and the buyers of the dollar now buys from the central bank and sell at a price that he wants the bank which created a state monopoly bad and the price of monopoly they have His creation so that they instead take the tenth dinars per dollar, the commission reached their commissions to 56 dinars », stressing that« the Central Bank has studied the situation well and decided to issue such instructions to the bank would Uncle proper redress ».
  13. D. Sea Science: oil production will reach 7 million barrels per day, the end of the year 2020 On: Tuesday 21/02/2012 19:33 BAGHDAD - The citizens expect and former oil minister Ibrahim Bahr al-Ulum, said that up Iraq produced oil to seven million barrels per day year-end 2020, if Iraq continued to create the conditions of the oil investment in Iraq, urged the countries that benefited from the loss of Iraq's market capacity to waive share. Uloum said in an interview »Alsumaria News» that «Iraq will produced oil to four million barrels per day, with the end of 2014 if Iraq was able to qualify its infrastructure-oil systems, storage, export and transfer facilities, superficial, and to seven million barrels per day by the end of the decade 2020, if Iraq continued to create conditions for investment in oil and on its ability to curb the political dispute in the management of oil wealth ». said Bahr al-Ulum that «Iraq arrived produced oil to nearly three million barrels per day during the year 2012, with the opening of the port Floating on export and card 850 thousand barrels per day », pointing out that« the arrival of Iraq to produce four million barrels a day means being able to reach the average useful life is specified to him by the Organization of Petroleum Exporting ». called Bahr al-Ulum states that have benefited over the past twenty years from its oil exports because of the loss of Iraq's market capacity to «give up its stake in favor of Iraq», pointing out that «Iraq can play a major role in the development and consolidation of relations with the OPEC countries, especially with the head of Iraq to the Organization during the current year through the creation of an area of dialogue and wide with the countries of OPEC and the Gulf Arab ».
  14. Iraq Trade Bank issues 610 Letters of Credit in 2011 20-02-2012 - 06:52 The Trade Bank of Iraq announced, on Monday, having issued more than 610 Letters of Credit, with a value that exceeded 13 billion Dollars, for Iraqi Ministries in 2011. No complications obstructed the issuance of these Letters of Credit, a source revealed. “Trade Bank of Iraq issued more than 610 Letters of Credit, with a value that exceeded 13 billion Dollars, for Iraqi Ministries in 2011,” Iraq’s Trade Bank Manager Hamida Al Jaf said in a statement which Alsumarianews received a copy of. “No complications obstructed the issuance of these Letters of Credit,” she declared. “The Industry Ministry with its different sections received 180 Letters of Credit, out of which the Trade Bank of Iraq received 44 with a value that reached 208,571,300 million Dollars,” Jaf advanced adding that the other 136 Letters of Credit were distributed among private banks with a value that reached 98,337,000 million Dollars. Inspector General at the Industry Ministry Salem Boulos had earlier indicated that there have been complications while issuing Letters of Credit by the Trade Bank of Iraq. “I requested from the departments in charge of the Letters of Credit and of managing relations with the Industry Ministry to follow up with Inspector General of the ministry,” Jaf assured revealing that these departments will have to hand her reports about the issue. Letters of Credit that exceed 4 million dollars shall be transferred to the Trade Bank of Iraq, while Letters of Credit worth less that 4 million Dollars shall be transferred to private banks and will be distributed according to their activities following the classification of Iraq’s Central Bank, the Economic Committee in Iraqi cabinet instructed, a source told Alsumaria. “The transfer from Iraqi Dinar into Dollar, the absence of allocations in some cases and mistakes in filling application forms are behind delays in issuing Letters of Credit for Ministries,” Mohammed Shaker Mahmoud said, who is in charge of following up the ministries affairs at the Trade Bank of Iraq.. “The bank is keen on following up with the ministries,” he stressed. “Trade Bank of Iraq has been organizing trainings for all state departments including Industry Ministry and its different sections over the mechanisms of issuing Letters of Credits and Letters of Guarantee,” Mahmud pointed out. “These trainings are being organized inside and outside Iraq at the expenses of the Trade Bank of Iraq and with the cooperation of its affiliates,” he concluded. http://www.alsumaria...of-credit-in-20
  15. Counterfeitcurrency threatens Diyala and the nation 21/02/2012 16:35 DIYALA, Feb. 21 (AKnews) - Traders and economists arealarmed at the increasing spread of counterfeit currency in local marketsthreatening regional and national economies. AKnewstalks to shop owners andspecialists in Diyala to find out their thoughts on the issue. Calls to the government and economic bodies to tacklecounterfeit currency has been growing amid fears for the country's economy, thedriving up of domestic prices and leaving ordinary citizens out of pocket. Some currency exchange owners have been able to avoidfalling victim to fake cash notes. Wissam al-Tai, the 45-year-old banking shopowner in Baquba told AKnews: "The counterfeit currency is usually 5,000and 10,000 dinars and it can be distinguished easily if well examined." However, the average customer is not so lucky. "Thefake local currencies are printed in an accurate way using specialized printingpresses, and this make it difficult for ordinary people to discover iteasily," explains economist Maher al-Daoudi. Like Tai, many traders have their own theories about themotives behind the fake money so pervasive in local markets. "One of theneighboring countries is responsible for the fake currency in order to createconfusion in the economic situation," he says. Saleh al-Tamimi, 33, who works in one of the money exchangeshops in the Khalis city, agrees: "There might be gangs from outside theprovince seeking to destroy the economy with the support and funding of aforeign party." It seems there may be some truth to the shop workers'beliefs as some experts have made links between the fraudulent money andneighboring countries, such as Iran, supposedly aiming to weaken the Iraqicurrency and economy, but also terrorist groups in need of funding. Fouad al-Bayati, a specialist in security affairs, believesthat al-Qaeda are involved in counterfeiting the currency throughadministrative regulations scattered inside and outside the country. "The security forces are hunting insurgents andforgetting about the fraud gangs associated with them, which is a key financierfor insurgents," says Bayati. "Some armed groups still have administrative wings, whoare difficult to find, to carry out duties in the economic sector, most notablymoney laundering as well as falsifying identities and official documents." Traders like Tai and Tamimi want the authorities to formspecialized teams to withdraw the counterfeit money and punish thoseresponsible. The government has made attempts in the past to stem thewaves of counterfeit US and Iraqi currency flooding the country. Diyala policehave distributed warning bulletins about the difference between real andcounterfeit currency and how to detect them. It is also hoped that the introduction early next year ofnew currency minus the three zeroes, by the Central Bank will replace not onlythe old notes but also the counterfeit currency. Daoudi warns that the problem of counterfeit currency willgrow due to the lack of programs and plans to pursue counterfeiters of currencyin Diyala and other provinces. By Mahmoud al-Jabbouri RN/SS/AKnews
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