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AND i apoligize to you also just trying to bring something to the table that is helpful and i took it the wrong way but i do get very deffinsive i have learned to be

Thank you my friend sometime it takes a few great minds working together to read between the lines LIKE ICFAITH,DALITE DOGMATIC1 ,SANDFLY, AND YOUR WELCOME carrello ,primalnick am glad you liked it PPG

. Baghdad (news) .. said a member of the Finance Committee parliamentary deputy / alliance center / Bolani that high oil prices at present will generate an abundance of Iraqi money up to $ 10 billion. Bolani said in a statement to the reporter (Agency news) today, said the rise in oil prices in the current time will generate an abundance of Iraqi money up to $ 10 billion could be allocated to projects that are not targeted by the state budget. وHe explained that this money will be used in projects that need to qualify and is not allocated enough money to them, pointing out that this abundance will solve all these problems over the coming months. He added that the priority of these projects will improve the pensions and support for orphans in addition to issues of immediate and urgent to strengthen the generality of the additional projects in the provinces. وBolani and that of the other projects is to develop the infrastructure of the Ministry of Defence through the development of the camps and the construction of buildings to house the army. وThe report of the Parliamentary Finance Committee submitted to the President of the House of Representatives Osama Najafi, on the bill on the federal budget for 2011, stressed that the budget has focused on the priorities in the interest of the citizen and the country, and it does not meet all the needs of Iraqis. She explained introduction to the report of the Finance Committee of the House of Representatives, said that the budget did not include a report explaining the implementation of the stated objectives and the root causes of slow implementation, and whether or not the correct steps to address these causes. و The report added that the file of the budget did not provide information on the extent of implementation of previous budgets, in addition to its inability to estimate the data and information Almdorat cash and cash savings of annual and cumulative, so that could be adopted in the calculation of the deficit and so on. / Finished / (5. T. M) http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ikhnews.com/news.php%3Faction%3Dview%26id%3D13989&usg=ALkJrhiVQn8TkP1AU2ugbZp6H8pvbdIEvQ --------------------------------------------------------------------------------

Banking Act and Central asserts that it is for the protection of Iraqi funds Editor: OT | OK Tuesday, 24 May 2011 19:03 GMT Alsumaria News / Baghdad Confirmed that the majority of private banks in Iraq, Tuesday, the Banking Act, the Iraqi permit banks to government monopoly of the banking business, especially after the release of the new instructions, which calls for private banks to raise their capital to 250 billion Iraqi dinars, at least by the year 2013, while noting that this resolution makes the banking sector, the National semi-paralyzed and to have lost its elasticity, the central bank attributed the reasons to save the Iraqi funds deposited in these banks. He said an expert on North Bank Sudanese civil Abbas in an interview for "Alsumaria News", "Some private banks have difficulty from the application of new instructions to increase their capital within three years, until 2013 from 100 to 250 billion Iraqi dinars." The Sudanese that "the claim according to the instructions of new private banks merging with other banks, impeding the banking business and stand in front of the development and improve the functioning of these banks." For his part, said the managing director of the Warka Bank National Mohammed al-Samarrai said in an interview for "Alsumaria News", "private banks called in accordance with Article 28 of the Banking Act, banks, investment and finance, but the opposite because she was banned from the practice of investment." The Samurai, "The Ministry of Finance has not changed since 2009 and its view on private banks and suggest not to deal with it," noting that "the financial calls to deal only with the banking sector, government, and belonged to the mass of cash knowing that the government banks is not qualified to manage and unable to cope with ". For his part, adviser to the Central Bank of the appearance of Mohammed in an interview for "Alsumaria News", "some government decisions in spite of their negative impact on private banks, but it is necessary to protect public money from looting, especially as there are in government deposits in these banks," he that "there are failures of these banks before the 37 banks of 45 bank." Iraq has been announced in the earlier postponement of a program for restructuring the financial system of Iraq until the year 2013, which included restructuring of the largest banks Iraqi owned by the state and are good and Mesopotamia, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector. The Central Bank of Iraq said in November last year, 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the local banks, civil, indicating that investments in Iraq, regional countries with a commercial dye and lacks international standards. The Ministry of Finance has announced at the end of the month of January of this year from its quest for the opening of an Islamic bank under the Ministry of Finance based bank dropped interest in Mesopotamia and the good .. The number of Arab and foreign banks made after the issuance of the Banking Act No. 94 of 2004 to get licenses for the establishment of private banks in Iraq, whether by 100%, or in partnership with banks, a local Iraqi, or to open branches to work in Iraq, but security conditions have prevented it , with the exception of some few posts that have been made with a number of national banks. The CBI, with headquarters in Baghdad, has four branches in Basra and Sulaymaniyah, Irbil and Mosul, and founded the bank independent Iraqi under the law of the Central Bank of Iraq issued on the sixth of March 2004, and is responsible for the maintenance of price stability and the implementation of monetary policy, including policies, prices exchange and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/3/22226/news-details-.html&usg=ALkJrhirfgivfyK_mpfADUHxyqvdqo8sNw

Despite the lifting of the extension of protection it for a year BAGHDAD - Yasser incumbent The first Iraqi Institute for economic reform protection of Iraqi funds and assets from claims by States and the foreign sector held by the exceptional attention to a seminar on this topic. The initiative of the Iraqi Institute for economic reform, pro-active step to tell how the situation after the UN Security Council resolution to lift protection from Iraqi funds, which is supposed to be implemented next July .. But was extended for one year by decision of the U.S. President Obama. However, insist on the search for alternatives beyond the extension period. Participated in this vicious personalities and senior-level government bodies high responsibility because of the importance of the subject in how to address the effects that may result from this decision was the attendance of former Prime Minister Dr. Mahdi Al-Hafiz and Raed Fahmi and Counsel at the Central Bank d. The appearance of Dr. Mohamed Saleh. Conciliator sack of Supreme Audit Wad. Zuhair al-Hassani Advisor Investment Authority, Abdel Hadi Sadiq, deputy director of Trade Bank of Iraq and Suhail Khairallah bank adviser Dr. Majid picture representative of the public banking sector and representatives from the ministries of higher education, planning and foreign affairs. The seminar focused group headed by Dean of Faculty of Construction Economics at the University of Mesopotamia Dr. Imad Abdul Latif Salem about ten questions summarized as follows: She vicious Are there real threats to the assets of Iraq after 01/07/2011 call to anticipate the economic effects and the remaining obligations owed ​​by Iraq, and perceptions of the settlement of Kuwaiti reparations, the Board of trade creditors after the Development Fund for Iraq, as the Symposium examined the legal position of Iraq from trade creditors and what is the role of group International legal assistance mandated by Iraq in overcoming potential prosecutions and wondered is whether the CBI specific scenarios to deal with this file and what is the role of the Iraqi diplomacy in this regard and the roles of other institutions such as parliament and the Office of Financial Supervision and the possibility of appeal and other compensation worth. And concluded the seminar on the recommendations of a task that may benefit the Iraqi side in addressing the possible effects Among these recommendations discuss alternatives of protective presented by the Central Bank of Iraq to transfer oil revenues to his account in his capacity as an independent from the government can not deal with his money as the government funds are subject to confiscation. According to the information the Iraqi Central Bank successfully in this direction by dragging the nearly $ 53 billion of its assets by dividing them and convert them to a variety of currencies to calculate the CBI. The workshop recommended the need for the Ministry of Foreign Affairs of the measures necessary for the silver minor cases to the private sector the foreign and the amount of $ 2.7 billion through a negotiated formulas to ensure the least amount of losses to the Iraqi side that plays its role in influencing the parties to the creditor based on the principles of dialogue. And good-neighborliness and care of common interests between the parties and urged the international recommendations on the exploitation of the relationship with the United States to enable Iraq to overcome the difficulties of this particular file because it has a major role in reducing Iraq's debt. The recommendations to form a law firm who works in coordination with the offices of law firm specializing in connection with the collection and promotion of transactions compensate Iraqi citizens affected by the repercussions of previous wars. In the view of the recommendations need to re-launch this file on the General Secretariat of the UN from approving everyone that most of these debts are the debts of a resident and that the Iraqi people are not responsible, and stressed the recommendations that bore the citizens of the burden of payment in these difficult circumstances through which constitute a breach human rights and download the international community all the responsibilities and consequences of this are as is work by the Arab League and through bilateral relations with other countries to plentiful, for example very important. It is noteworthy that participants had were worried in the ability to run this file efficiently Vaousoa the need to raise the capabilities of Iraqi negotiator to the highest level and to achieve the truth. It should be noted that the Iraqi Institute for economic reform has put the recommendations of the seminar in the hands of the highest levels in the parliament and government in the hope of taking them to immunize and protect Iraqi funds and assets from claims by States after the expiration of the extension approved by the Obama for another year. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsabaah.com/ArticleShow.aspx%3FID%3D8128&usg=ALkJrhi5gpwufvnSKe64tahioAqjh8-_Ug

Great article THanks

MP for the Iraqi List, Hassan Chuird for "signs of easing in the crisis between the Iraqi List and a coalition of state law Qubgdadbl the second legislative term of the Council of Representatives." He said in a press statement today: "There is a convergence of views between the parties, especially after it was agreed that the rules of procedure of the Council of Ministers and the mechanisms of accountability and justice not only some of the points at issue is the most important of the Council of strategic policies." Chuird added: "The meeting of the Iraqi List, which will be held today will be showcasing what has been reached by the negotiating effort with the political blocs and discuss all proposals and views and the remaining paragraphs of the nine agreed in Erbil". / End http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.burathanews.com/news_article_116545.html

Confirmed by the parliamentary Finance Committee and MP / Kurdistan Alliance / Najeebeh Najib said the Ministry of Finance has pledged the final accounts for the year (2009) and earlier, before discussing the financial budget for the year (2012). وThe experts in the statutory accounts, confirmed the non-completion of the final accounts in recent years due to lack of staff experience the arithmetic of the ministries in addition to the inability of the SAI movement in supervision and control. وSaid Najib told a news briefing on Tuesday: "The Finance Committee parliamentary completed visions strategy for the budgets of fiscal years (2012, 2013.2014) and it met with the International Monetary Fund and the World Bank, as Houdro meetings of representatives from ministries, governorates and the Kurdistan region." و She said a member of the Finance Committee: that "During the meetings, emphasis was placed on the final accounts as they face the real and actual expenses and expenditures of the State of Iraq," indicating that "a representative of the Ministry of Finance and specialists affairs financial pledged parliamentary committee's submission of final accounts for the year (2009) and earlier before the years during the next month, before the budget debate (2012). واNajib, however: The final accounts for the year (2010) has not been completed, and the Ministry of Finance will send the Committee a short time. The expert economic peace Sumaisem has confirmed that the non-disclosure of the final accounts led to the spread of administrative corruption. She Sumaisem in an earlier statement: "The last thing presented to the Parliament of the final accounts due for the year 2008, say there are closing the accounts for the year 2009, but so far no retreat." Showed Sumaisem: "the final accounts for operations only become uncovered corruption in the import operations, but also reveals the imbalance in the allocation and matching the specifications of materials, and other processes that accompany the import process and included in the paragraphs of the general budget allocations" http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.burathanews.com/news_article_116545.html

WELL THAT IS WHY I INCLUDED A LINK FOR YOU TO CLICK ON SO YOU MY READ THE ARTICLE FOR YOURSELF SO SORRY IT IS NOT UP TO YOUR STANDER-ED I WILL TRY SO HARD TO BETTER PLEASE YOU NEXT TIME ,BTW NEXT TIME YOU SEE A POST BY PPG DO NOT READ IT THERE PROBLEM SOLVED ,HAVE A BLESSED DAY

PARIS/WASHINGTON (Reuters) – France's finance minister was set on Wednesday to enter the race to head the IMF, succeeding the fallen Dominique Strauss-Kahn, despite anger in big emerging economies over Europe's "obsolete" lock on the job. Christine Lagarde is to announce her candidacy at a Paris news conference (5:45 a.m. EDT) after diplomatic sources said she had secured the unanimous backing of the 27-nation European Union, and support from the United States and China. The 55-year-old center-right politician, a former corporate lawyer who speaks fluent English, has won plaudits for her skilled chairing of the G20 finance ministers and her communications skills. But unlike Strauss-Kahn, who resigned last week after being charged with the attempted rape of a hotel maid in New York, she is not an economist and may struggle to wield his powerful influence over the management of the global economy. Brazil, Russia, India, China and South Africa sharply criticized EU officials in a joint statement for suggesting the next International Monetary Fund head should be a European, a convention that dates back to the founding of the global lender at the end of the Second World War. However, the countries known as the BRICs failed to unite behind a common alternative candidate, leaving the way clear for Lagarde unless she slips on a French legal case. Diplomats said their complaint was mostly aimed at securing a commitment from developed countries that nationality will no longer be a covert criterion for selecting future IMF chiefs. BRICS AGGRIEVED In the first joint statement issued by their directors at the Fund, the BRICs said the choice of who heads the IMF should be based on competence, not nationality. They called for "abandoning the obsolete unwritten convention that requires that the head of the IMF be necessarily from Europe." Hours before the statement was issued in Washington, France's government said China would back Lagarde. The Chinese Foreign Ministry declined comment. Some emerging market government officials say privately that although they are fed up with advanced economies controlling the selection process, they are not in a position to put forward a challenger who could stand up to Lagarde. Mexico has nominated its central bank chief for the job and he said some countries had welcomed his decision to run. South Africa and Kazakhstan may put forward their own candidates. Under a long-standing agreement between the United States and Europe, the top job at the IMF goes to a European while an American leads its sister organization, the World Bank. The United States also fills the number two position at the IMF. European diplomats said Washington had asked the French government about a pending legal case in which a prosecutor has recommended that Lagarde be placed under investigation for allegedly abusing her authority. The Court of Justice of the Republic, a special court created to try ministers for alleged offences committed while in office, will rule on June 10 whether to investigate her over a disputed arbitration settlement with businessman Bernard Tapie, a convicted ex-minister who backed President Nicolas Sarkozy. French officials have told other governments privately the case will not be a show-stopper, the diplomats said. Following Strauss-Kahn's resignation, Europe has made clear it wants to stay in charge of the multilateral lender at a time when it is helping to bail out Greece, Ireland and Portugal. U.S. BACKS EUROPEAN The EU and the United States, which sources in Washington have said will back a European, have enough joint voting power to decide who leads the IMF. Securing support from some emerging economies would defuse a potentially bitter row over the decision though. In April 2009, the Group of 20 leading nations endorsed "an open, transparent and merit-based selection process" for heads of the global institutions. France, which presides over the G20 this year, has made an effort to work with Beijing on key issues for developing nations like global monetary reform and commodity market speculation. Last week, the head of China's central bank, Zhou Xiaochuan, said the IMF's leadership should reflect the growing stature of emerging economies. But he stopped short of saying its new boss should be from an emerging economy. Wu Qing, a researcher with the Development Research Center government think tank in Beijing, said it was plausible that China would support Lagarde as there weren't many qualified candidates from China or Asia in general. The IMF's board will draw up a shortlist of three candidates and has a June 30 deadline for picking a successor. Nominations can be made until June 10. Mexico's central bank chief, Agustin Carstens, told Reuters the United States welcomed his participation in the race for the IMF job but was neutral on whether to support his candidacy. "They welcomed that I was participating and they thought it was an important part of the process," Carstens said. Brazil seemed reluctant to back Carstens, with government sources saying he is seen as a long shot for the job. South African Finance Minister Trevor Manuel may also be a candidate to run the IMF, and Russia has said it would back Kazakhstan's central bank chief, Grigory Marchenko. (Additional reporting Julien Toyer and Thierry Chiarello in Paris, Jiang Yan in Beijing, Leigh Jones and Michelle Nichols in New York; Writing by Emily Kaiser and Paul Taylor) http://news.yahoo.com/s/nm/20110525/ts_nm/us_imf;_ylt=AuLfU9TGKu0hIst1Py68wb6s0NUE;_ylu=X3oDMTM2cDFrMzFmBGFzc2V0A25tLzIwMTEwNTI1L3VzX2ltZgRjY29kZQNtb3N0cG9wdWxhcgRjcG9zAzMEcG9zAzgEcHQDaG9tZV9jb2tlBHNlYwN5bl90b3Bfc3RvcnkEc2xrA2ZyYW5jZTM5c2xhZw--

*الع* Iraq who first discovered the coin deals today without a coin Clean currency sold for a price to those who pay more and there are agents for this *ما Maijmah beggars distributed to staff through government banks . . Before you start investigating your Iraqi currency from the beginning of its inception until today and the roles that he passed out the most important countries that have helped print the time of cancellation of small change and the crisis flared up, which did not attempt the ministry to find a solution to it, forgetting or ignoring the situation became intolerable in the local market as a result of the abolition of currency in small and its implications citizen who is suffering from neglect charge without finding solutions and to identify the reader Quran in Iraqi currency بعد احتلال العراق من قبل القوات البAfter the occupation of Iraq by British forces in World War I, the authority introduced by the British Indian Rupee as the official currency instead of the Ottoman lira. . In 1931 decided to establish a Council of Iraqi currency be the responsibility of issuing currency, Iraqi special 'with Law No. 44 of 1931 which provided for the issuance of Iraqi dinars, The banknotes of the class quarter and a half dinars and one dinar and five dinars, ten dinars, hundred dinars. امAs for coins, it is the category of penny and Filsin and 4 fils and 10 fils and 20 fils and 50 fils and 200 fils or Real. وقد اThe Council continued to issue the Iraqi currency notes and coins until the establishment of National Bank of Iraq in 1947. . In 1954, the Iraqi Central Bank was established, which became responsible for issuing the Iraqi currency. The Iraqi dinar throughout that period is linked to the pound sterling as its value goes up and down according to the vagaries of the British economy. كا. All the versions of the Iraqi currency at the royal era, the metal or paper bearing the image of the king of Iraq. After the coup of July 14, 1958, the Central Bank of Iraq issued a new version of banknotes and coins, bearing the logo of the new republic. . Has been pegging its dinar to pound sterling and U.S. dollar peg. وق ال Have been issued new issues of paper currency in 1971 and 1973 and 1978. And the Iraqi dinar has suffered steady deterioration of the value after the Iran-Iraq war began, where it has fallen from 3 and $ 3 for dinars in 1980 to about 4 dinars to the dollar in 1988. http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://al-iraqnews.net/new/local-news/29391.html&rurl=translate.google.com&twu=1 After the invasion of Kuwait and the end of the second Gulf War and as a result of the economic blockade imposed on Iraq and the inability to issue the Iraqi dinar, which was printed in the Press Switzerland Iraqi government began printing the Iraqi dinar in the presses Iraqi lacked the technology for the printing of currency attributes of a good, which led to the spread of operations extensive fraud in the Iraqi currency to mention the severe collapse in the value of the Iraqi dinar as a result of the blockade as it reached the value of the Iraqi dinar in 1995 to low levels and the U.S. dollar equals 3000 dinars Iraq. As a result of the deterioration of the value of the Iraqi dinar Iraqi Central Bank began issuing coins were not unusual in the past In 1991, banknotes were issued from the category of 50 and 100 dinars and 250 dinars in 1995. وفي In 2002 the bank issued a coin worth 10,000 dinars Iraq. و The Iraqi citizen a huge packages of the coin category with 250 dinars for the purchase of simple materials. و الAnd the Iraqi dinar Aljdidakb invasion of coalition forces led by the United States of America and the occupation of Baghdad on April 9, 2003 the Coalition Provisional Authority to issue Iraqi dinars new of October 15, 2003 to January 15, 2004 where the new currency is printed in printing presses Delaro in Britain and were printed with good quality are difficult to falsify was used in all across Iraq including the Kurdistan region in northern Iraq and has been the process of switching the currency as replace each print dinars in Iraq or China, either a new Iraqi dinar, the Iraqi dinar printed in Switzerland Vtm replaced with 150 new dinars. يCategories range from the new currency of 50 250, 1000, 5000.10000 to 25000 dinars, and designs similar to the designs issued by the Central Bank of Iraq in the seventies and early eighties of the last century as they were not Iraqi currency bearing the image of former President Saddam Hussein. ق Has been to produce a paper of a class of 500 dinars in 2004. في 2 ين January 2, 2005 in the Iraqi Central Bank issued currencies cans category and the category of 25 dinars 100 dinars, and then was released a piece of class fifty dinars and later in 2004. As a result of the low value of coins and poor circulation among citizens has been withdrawn from circulation in 2009. كا The value of the new Iraqi dinar when you put 4000 dinars per U.S. dollar and arrived at a certain period to 980 dinars per dollar, but it finally settled at 1170 dinars per U.S. dollar. Media News Agency / INA wandered between citizens and learned from some officials on some of the reasons why the citizen plays on the possession of the currency and the reason for the small tiffs morning in taxis, shops and markets as a result of consumption without regard to currency, which replaced the crisis Ibb intimal What is the reason that this Masnaraf part in this investigation Boil the street from the crisis and is interested in a coma **المCitizen Ahmed Ali Kia driver, saying, Tell us start our worries from morning to night due to lack of العملة الصغيرة Currency small وAnd availability in the market today defective and torn Atstqubl and markets for these currencies and the citizen and rejected blame us if Rvdhanaha This situation is ongoing and responsible for what is happening on the street Edery Money torn sold to operators of beggars and the bank distributes its own way * Another driver intervention, saying we're getting torn currency and sell the contractor Almtsoliyn man who buys a small change to beggars at less ينقLacking 5000 five thousand dinars per مائ One hundred thousand dinars, and Ibaha and deposited in turn to the bank and pay for the amount of money to the group the cashier and the cashier stuffing between sound money and in case of a claim for rotation a customer of any client transaction with the bank to pay a certain amount of the cashier against the dollar clean and the bank will then pay for the salaries of staff and institutions that deal with and who Aidfon bribes against the dollar so clean and start suffering from the bank to the street to the market and you could say this cycle torn currency في الطبيعة In nature Do you end the Ministry of Finance of the promises and heed the shank of the citizen * Six or Haider school to answer our question by saying Officials know that the currency traded in the market is currently unusable and caused major embarrassment for the citizen Almtda due to the reluctance of the seller to purchase the employee and the citizen is forced to pick it up so the currency does not have a port marketing ة وباFor disposal and the problems start from the car where problems persist in most of the taxis we hope the government and in particular the Ministry of Finance to conclude the language of empty promises to contain the anger of citizens and to find quick solutions or convert the currency salaries for the three presidencies, parliamentarians and six months and distributed to the people of the six months remaining اOr the distribution of salaries to employees in hard currency, similar to parliament مدير المدرسة Director of School Aidf to bribery and teachers are selling currency torn (object Alsok) *اMr. Salem, director of secondary refuse to pay bribes to the bank to receive a clean currency caused him considerable embarrassment with the staff who became Educational Director Demands علنا Publicly بدPayments to tip the staff of the bank (a bribe) in order to be free from the problems that face them and explain their noble Hadith that necessity knows no law *م Advisor to the Iraqi Central Bank says the appearance of Mohammed Saleh ال Central Bank of Iraq on a strategy to delete the zeros of the Iraqi currency in and out, with a nominal value of cash to keep its values ​​and purchasing power. *م* Central Bank of Iraq adviser to the appearance of Mohammed Salih said that the year 2011 will witness the launch of this strategy, stressing that the bank has completed 50% of the preparations that are working on since 2005. Saleh explained that the strategy is based on the principle of gradual substitution of the Iraqi currency with another is lower than in the nominal value, and pointed out that the positives of this strategy is that it will be less expensive and easier to trade. اراء متباينة للخبراء الاقتصاديين Different opinions of experts, economists * From his part, sees Dr. Hilal Al-Tahan, that the application of such a strategy will not cause economic turmoil, or damage to the local market at the present time, فThe economic analyst is willing to find satisfaction Blibl that the timing of the launch of this strategy is not appropriate now, noting that the country's economy must be in a position of strength before the application of such changes At the end of the tour recall ان الايام التي يمر That the days pass بThe Iraq-day volatile unstable in many ways and still suffers citizen Mayaani result beginnings of yesterday and the surface of which, we hope at least one day but, unfortunately, have begun to increase and appeared to actually service in decline, which I feel the citizens frustrated every Zaratna deficient in its performance and were less ministries in the agenda of integrity harm to Iraqi citizens Ministry of Finance, but it turned out that the Ministry of Finance is one of the ministries that have caused harm citizens in several areas of the distribution of salary on the shapes (advance) 100 salary to their employees without state employees through Ptozie land and money built for its employees without the other ministries and dozens of times this is not a question now, but that Mataatcassel from the ministry and the creation of bubbles not consumed counterfeit currency and shattered And not find a coin and not to put money into clean Markets, is should not be tolerated and to ensure the integrity to pursue the matter in this ministry, which has not received the feet of integrity to the reasons for Atjhl on Allbeb that what happened before the days of questioning by the Parliament of the Commission made ​​us raise our hat to Parliament and to Ms. Hanan Obeidi, and hoped that the rest of the parliamentarians to work with this self away from the cronyism and caudal لر President of the cluster and the President of the party and not a slogan the new Iraq first and then Iraq.

Baghdad (Reuters)-Hussain Shahristani told Iraqi Deputy Prime Minister that the amended draft oil law but Iraq will go ahead with the development of oil despite the ongoing debate on the controversial law is long overdue. Investors awaited law of oil and gas to ensure a strong legal framework for prospecting. Law is also necessary for reconciliation between the political blocs while Iraq reconstruction after years of war. But Iraq develops oil fields after already signed multi-billion-dollar service contracts with foreign firms under the old law. The Government approved the draft hydrocarbon law in 2007 but encountered opposition from the semi-autonomous Kurdistan region in the first place. Shahristani said in an interview with Reuters on Tuesday that a draft law approved by the Council of Ministers in 2007 not served as a law and it needs significant modifications. Shahristani said responsible in particular for energy that Iraq has signed contracts with major global oil companies did not ask anyone there was oil and gas Act. Work began in 2005 under a new Constitution. And under Arab majority facing differences and the Kurdish minority on revenue sharing and control over certain fields in the Kurdish region. Bill to determine who controls Iraq's oil reserves and create a new State oil company to oversee the sector nationwide as well as establishing a strong legal framework to attract foreign investment. Shahristani said he saw no need to review OPEC to consider production formal meeting scheduled in June. He is expected to average world oil prices remain above $ 100 a barrel during the remainder of the year. The price of Brent crude contracts July $ 2.47 112.57 dollars per barrel Tuesday then dropped slightly to about $ 112.25 by 1324 GMT. US crude contract rose tint $ 2.12 to $ about 99.82. Shahristani said the South Korean firm kogas agreed to sign a contract to develop a keen for gas agreement is expected to be completed next month. Keen reserves estimates most Iraqi gas field some 5.6 trillion cubic feet. Shahristani said that Iraq had informed kogas agreed to come to Baghdad and keen to sign a contract. He said Iraq told them that they can choose a partner to develop the field. He asked Iraq earlier this month that they can develop kogas field; Reed alone after the withdrawal of kazmunaigas. Shahristani said that Royal Dutch Shell, Mitsubishi also agreed on all technical and contractual agreement for gas and oil Ministry is expected to provide a final draft of the agreement to the Cabinet this month. Iraq has been negotiating an agreement worth 12 billion dollars with shell will entitle the country benefit from more than 700 million cubic feet of associated gas of oil in three oil fields could be used to generate electricity. Shahristani said that Iraq select a future production at 12 million barrels per day based on predicted that global demand will increase by 20 million bpd in the next 20 years and that his country will have a key role in the new demand. Iraq currently produces 2.75 million barrels per day includes 130,000 barrels a day from fields located in the northern Kurdish region. Shahristani said that Iraq would not discuss his future in OPEC production before exceeding four million barrels per day production. And Iraq, a founding member of OPEC but is excluded from the obligation to share official for years because of the sanctions and war. And access to targeted production capacity amounting to 12 million bpd to make Iraq a competitor to Saudi Arabia, OPEC's largest exporter. Iraq expects to reach this level in nearly seven years, but most analysts say that around eight million barrels per day to more realistic. -------------------------------------------------------------------------------- http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.babnews.com%2Finp%2Fview.asp%3FID%3D39616

VERY VERY WELL SAID I APPLAUD YOU FOR YOUR WISDOM IN SEEING THIS FOR WHAT IT ALL REALLY HAS BEEN

HAHA THIS IS FUNNY THANKS FOR THE LAUGH :lol: :lol:

WOW THERE GOES ONE MORE WHY ARE ALL THE GURUS LEAVING ONE BY ONE MAKES ME WONDER WHAT IS GOING ON HERE

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Baghdad / Iraqi future Group announced that Citigroup banking establish an office in the Jordanian capital Amman to manage its activities in Iraq, as part of the American group seeking to promote their services to companies located in the country. Media sources quoted the statement from the group that it has appointed Dennis Flannery to head the new office, which will focus on serving financial institutions, governmental and multinational corporations in Iraq. Flannery said the extension the previous fiscal at the U.S. Embassy in Baghdad said in the statement of Iraq's economic indicators herald a bright future, and that there is an essential role for Citigroup in the development of local capital markets in supporting the financing needs of our customers. It should be noted that Citigroup spread in more than 160 countries and engaged in activities in the Arab world for nearly 50 years. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almustakbalpaper.net/ArticleShow.aspx%3FID%3D1690&usg=ALkJrhiHTTtpu73MoinaazOBqLIwWHjafA

17/05/2011 0:00 The future of Iraq / Ghaith Al-Fayad Criticized the Associate Director of the Federation of Iraqi private banks Emad Alkbjee demands of the Central Bank of Iraq that Iraqi private banks raise their capital to five times, and cut the time frame not exceeding three years, starting next month, describing the resolution Baltjeezi. He said Alkbjee "The demand for the Central Bank of Iraq aimed to increase the capital of banks, contrary to the policy of the Ministry of Finance directed and since more than two years, government departments and ministries not to deal with instruments and transfers of private banks, non-acceptance of letters of guarantee issued by private banks in a move that reduced the profits of private Iraqi banks and limited their dealings and undone by the customer confidence Bmassarva, which is undoubtedly limit the activity of banks and thus prevents them from raising their capital. " The number of Iraqi private banks 35 banks with a capital of more than two billion dollars, but they are obliged now to apply the decision of the Iraqi Central Bank to increase the capital to become a 250 billion Iraqi dinars, the equivalent of $ 214 million U.S. on three stages, for a period of three years only. The number of owners of private banks for resentment of the above decision and described it as aimed at restricting and impeding the activities of private Iraqi banks that Asmaht effective in advancing the local economy, while the stresses involved need banks to develop their capital to strengthen its funding and lending, and wonder about the feasibility of tightening bank Central Bank to increase capital at the time of receding space of the labor market because of security and political conditions in the country. Director of the Bank of the Middle sector to invest, Nabih Moussa said that "the procedures issued between now and then Ministry of Finance of Iraq, and requests from government ministries and departments not to deal with private banks and their branches, is only the procedures for determining and hamper private sector activity, and recently began ministries refused to receive instruments of banking certified by the clients not be issued by state banks which is the prejudice the right of private banks, which spent after 2003 to the time the current deal with the Iraqi market and bore the brunt of the security risks and Rphit local economy Iraqi money and provided him with the savings and contributed to investments, and now is said to have easily Stop work with the largest sector in the country, a government sector. " Central Bank in turn issued an evaluation of the private banks, was based on the annual reports and budgets, and monitored by the Field Audit Department, calling for the ministries and institutions dealing with the inventory of the 27 banks covered by the calendar. Banks Union, the Iraqi government refused to coping mechanisms contradictory treated accordingly private banks. Assistant to the President of the Union Emad Alkbjee pointed to the lack of harmony between the Finance Ministry by the Central Bank of the other, and the difference their policies, which affected the work of private banks, which doubled during the past years, capital of the times, which is now called upon to double their capital for five times during the years of three which is far from the logic somewhat according to Alkbjee, who said that "the great contradiction between monetary policy and fiscal policy in the country affected the overall functioning of the economy in Iraq, and caused major problems have included increased rates of inflation and the measures the central bank to reduce and procedures of the Ministry of Finance, which exacerbated in some times of inflation. Finally, the Resolutions of Finance to stop dealing with private banks and the decision of the central raised private capital sinks civil came mismatched either to launch a financial deal with private banks discreet and either give up the Central decision and extend the roof to increase capital of private banks for a period of more. " The level of transactions of private banks has fallen recently as Acherth stats (Center for Economic Studies of Iraq) by 16% would suggest the reasons to reject the government departments dealing with private banks and vouchers, instruments, letters of guarantee issued by it, note that the number of customers has dropped so they turned to the government banks to put deposits and Erhnoa where their money is transferred instead of private banks that limited their activities to the lending and banking facilities are forced to raise interest rates on deposit in its different forms to allow them to compensate for its losses. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almustakbalpaper.net/ArticleShow.aspx%3FID%3D1585&usg=ALkJrhgql0sNTOTOmuxnFf-8VL8uLKLO4g

ا. Deputy Prime Minister Nuri Shaways Rose and the President of the Economic Commission-governmental organizations, the government is moving towards increased public spending and that there is a five-year plan to reform the Iraqi economy. He Shaways in his speech at a seminar situation in Iraq as seen by the donors, said his government Anrkz on (the size of public spending), but on (the structure of public spending), both influential in determining the role of the state in economic activity and believe that spending should be expanded and not vice versa, but its structure must be corrected towards the gradual withdrawal of government from the productive and service sectors by the possibility of the private sector on the occupancy and the extent of their importance and direct spending toward areas of erecting the social environment of civilized such as health, education and municipal service and social protection networks and infrastructure such as roads, bridges, irrigation, drainage and reclamation of soil and other, and the efforts being made to improve methods budget preparation and transfer of budget items to balance the possible targets of investigation and preparation of the final balances show the efficiency of achieving those goals. "It is different from the concept of economic reform from one country to another and from one period to another according to the circumstances experienced by the visions of economic and political sponsor, is a comprehensive program to modify the paths of the national economy to respond to developments in the international economy, any adjustment of economic policies with the changes and internal and external shocks through a package of measures, In other words, economic reform is "the process of economic, social, political, cultural and comprehensive and continuous calls for breaking the link between economic and social variables and re-drafting of the new so as to lead to the emergence of ideas, values ​​and economic and social relations a new lead to increased rates of economic growth and improving living standards of citizens." and the needs of economic policy reform to combine economic development procedure which promotes social development, and needs integration with the global economic system, and this means that the reform process of economic - social - political - cultural comprehensive, including all productive and service sectors and affect all classes and social strata, though unevenly, so that affected all reform measures. ك. As the economic reform needs political will and consensus for a community as much as possible, and every hesitation or delay in the repair or simply repair, modify and develop some of the legislation is not in a total of only part of the economic reform. و In a country such as Iraq suffered its economy has suffered over the several decades of excessive centralization in the management of the economy, the economic reform program is not just a necessity, but does not accept the inevitability of delay to avoid further decline and collapse in economic performance. Proceeding from the above remarks when he and understanding of economic development as an economic process - an integrated social, it must then be integrated process of economic reform. لSo the bet on the reform in some sectors without the other sectors will not achieve the desired goals of the reform and development at the same time. والبشرية. In this regard, we must start from the problematic task of strength to admit that the overall crisis of the Iraqi economy and imbalances deep left by the war and Alhsaralamadip and those that were produced by the period after 2003 and the collapse of state institutions requires, among other things required by initiating economic reforms aimed at expanding the base of the economy productivity, and change the structure of mono and updated, and ensuring a more equitable distribution of income and wealth, and human resource development. From this point since we confirmed earlier that the Iraqi economy in need of radical reform, and we confirmed that the content of this reform, and the core issue which is based on how to balance in this process between the role of all economic sectors: public, private and common. In this regard, can develop the following treatises: له. The deputy prime minister, "We Heading from the outset to adopt a policy of market economy and liberalization of restrictions and laws, bureaucracy, central, and this is what we have adopted since the change in 2003, however, we have to realize that the market mechanism alone does not lead to optimal allocation of resources. The market does not establish the same himself, and this sometimes calls for state intervention to develop rules and institutions that organize it. And linked to the observations above, the economic reform required required provide a range of conditions, including: that stems from the actual needs of objectivity to our society at the moment of development of the current which lies in achieving sustainable development and social justice based on the potential of self on the one hand while seeking to build an interactive, balanced and commensurate with the economy World and take advantage of the positive aspects of the phenomenon of globalization, the need to activate the economic pluralism in this phase. إن المطلوب اليوم ه What is now required is to improve the performance of the national economy, Baktaath different, based on the fact that each sector role ordinance, development is required at this stage means of what is meant by making proper use of all sectors. وAnd partnership between public and private sectors of the ambitious programs, which began adopting many of the countries to implement the policy of the open market. And the need to provide a firm political will and social forces capable of putting into practice the reform project and the transfer of vocabulary into reality. و In return it is essential to overcome all hesitation or delay in the repair or sufficiency steps prosthesis. And have the reform credible requirements of the various sectors of society, and this requires to be accompanied by economic reform efforts focused and vigorous and sincere to eradicate corruption and mechanisms of production and "culture" that contributed to the previous regime planted and grown dramatically in the period since 2003 to become one of the most prominent obstacles for the development of the national economy. وby economic reform and also to achieve reform of the administrative, financial and cash, including that the tax system, in order to achieve tax justice required. In the area of ​​macroeconomic policies in Iraq, Rose said Nuri was awarded a significant shift thanks to the reform efforts, in coordination with the Central Bank and got a lot of measures expansionary monetary policies, has dropped the interest rate from 25% to 7% and the percentage of cash reserve legal from 25% to 15%. In expansionary fiscal policy has been to focus on increasing investment allocations from 18% in 2006 to 31% in 2011 with a view to spending on infrastructure to reduce production costs in production and service sectors. أم The oil revenues that support by Iraq to finance reconstruction and development and public services are still and will be managed by the Iraqi state, which carries with it the responsibility of the expansion of government spending directed toward infrastructure destroyed in the economic sectors and the provision of public services that do not go to the private sector because it is circuit-for-profit . Iraq was put five-year plan 2010-2014 was flexible and focused on the diversification of the Iraqi economy and correct the structural imbalance as well as focus on satisfying the demand for public services to the public and the establishment of infrastructure are important in most sectors and give priority to the energy sector in order to obtain the revenue necessary for the development of other sectors, has Committees were formed that take it upon themselves to translate those goals to spend on projects carried out within the public budgets of the State during the period, but still there is deviation between the orientations of the budget and directions of the five-year plan is supposed to bridge the. ك The Iraqi government is working to develop an integrated strategy for investment financed in substantial part, of the donors take into account the improving investment environment and develop a program to attract investors and Protozoa sector for private investment and the creation of investment zones protected. . And that Iraq is seeking to integrate the global economy and take advantage of the system of other laws as law of consumer protection and antitrust law and the law of customs tariff and the law of small and medium enterprises and the civil service law and the law of social dialogue, as the law of economic reform in a vote in parliament contains principles of reform for all axes and sectors of economic reform committed by the authorities in sectoral legislation pertaining to national reform away from the chaos in the area of ​​economic transition and the transitional phase and includes institution dedicated to economic reform. لقWe have reacted the Iraqi government, represented mainly the Economic Commission Supreme, under its approach to the adoption of a political market economy and private sector support, interacted with the experiences of countries that preceded it in this area, and sought to take advantage of them to develop a road map for a comprehensive economic reform is consistent with the reality and conditions of the country current and meet the requirements of development and economic development and human resources. As I would like to mention here that we are in Iraq and we are in the process of emerging democracies promote the Iraqi parliament (Lower House), in turn, as an institution representing the political forces and economic and social development in balancing the economic challenges of internal and external, and for the balance and consistency between the reform measures Alaguetsai and the needs of social development. نحWe in the government of Iraq, we value highly what Tkdmoh of advice and assistance, and we are ready to respond and to take reform measures for building a strong Iraqi economy operates according to market standards and criteria for cost, profit, and well-being of the Iraqi people. Hence, we invite you to support the reform projects that are in the process of developing the vision and road map such as reform of land management and development of the capacity of the private sector and social dialogue as well as supporting projects under implementation like the road map for the reform of public companies and strategic investment and the completion of the enactment of the economic reform and building the institution, which included, as well as the need to support themes Other reform on administrative reform as it is impossible for economic reform to be launched Donna for administrative reform of its facilities in order to improve the business environment and reduce red tape and the adoption of new methods in the administration http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almowatennews.com/news_view_20742.html&usg=ALkJrhhaE2X2fJRYDMZCYcoV540yG3dYoA

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Morning - and agencies ابدExpressed first two major trading powers in the world the United States and China in Washington on the economic level they were in conformity Ptjunbhma any confrontations on the subject is controversial, their first exchange rate of the yuan. On the other hand, has led the strategic and economic dialogue between the third the United States and China to "part of a comprehensive American / Chinese to promote growth and economic cooperation and Mtenin Mstdimen and balanced." The framework confirms once again on the commitments made in the group of twenty major rich countries and emerging, he repeats that the United States want to live according to their resources to reduce borrowing from countries such as China, while China plans to focus its economy more on domestic demand to reduce exports to markets such as the U.S. market. غير However, the situation did not witness any change for the large disagreement between Washington and Beijing over the yuan's exchange value. و China was decided in June to allow its currency appreciate against the dollar, after the price of the yuan steady for two years. Has risen since then by 5.2 percent according to the pace of Beijing deems appropriate so as Washington considers inadequate. و And adherence to host the Chinese delegation and U.S. Bmuagahma Monday through annual dialogue, which lasted two days. وادى And resulted in the impasse to settle translated in their declaration by saying "undertake countries in cooperation with other countries to maintain the stability of the environment of international monetary. The United States pledges vigilance about the vagaries of lavish in exchange rates, China undertakes to pursue greater flexibility in the exchange rate of RMB (the official name of the yuan) ". وعCommented by U.S. Treasury Secretary Timothy Geithner told a press conference: "We hope China can take a decision to allow the exchange rate to appreciate more quickly, a greater margin against the currencies of its trading partners." من جهته لم For his part, made no mention of Prime Minister Wang Qishan to the topic. But he said: "We agreed that in light of the very complex economic environment we are witnessing today, as a result of our two countries to strengthen cooperation and communication between them more on macroeconomic policy." وت. The United States managed to get China to renew the promise of putting an end to national advantage conferred by the public markets, and China has given a guarantee that the U.S. government will continue to support the giants refinance mortgage loans Fannie Mae and Freddie Mac, which China is a key Dainehma. غي However, the liberalization of the Chinese economy, which registered an annual growth rate ranging between 9 percent and 10 percent the number of population of 1.34 billion people, will continue to appear at the pace determined by Beijing. ويقومThe discrepancy between the means proposed by each of the two countries to address the huge deficit in the balance of U.S. trade to China (273 billion dollars in 2010). http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsabaah.com/ArticleShow.aspx%3FID%3D7467

BAGHDAD - morning Issued by the Center for the filing of Iraq in the Iraqi market for securities first annual report for the year 2010 as one of the Pttlebatt disclosure and transparency. The report included an overview of the establishment of the center to complement the requirements of electronic trading and when you use a central filing system has been laid on securities (share certificates) paper and replace it with the paper electronic commerce through the establishment of a register of shareholders. The annual report contained also a brief description of the Centre for the filing of Iraq, where is an economic non-profit organization contribute to enhancing the investment economy is safe and discreet, stable and supports all sectors of the beneficiaries of the services provided by the Centre. The report also said the main tasks undertaken by the Centre, including keeping the ownership of securities, certificates for shares of the shareholders, the provision of services the adoption of international standards, and the adoption of the credibility and clarity in dealing with the beneficiaries of the services of the Centre of deposit (money markets, joint stock companies, brokerage firms, shareholders and investors, government departments, and any other parties . The report also included for the year 2010 the annual number of statistical reports, and included the number of input (deposit certificates, as well capitalized, add stocks, Aquintab as well as the return of the number of shares of brokerage firms and the number of activating the shares of companies registered at the center of the deposit. The report also included the completion of foreclosure, seizure and recording companies which has been an increase on the capital as well as many other statistical tables. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsabaah.com/ArticleShow.aspx%3FID%3D7468&usg=ALkJrhgLM-z0577cGI-t2qTakoaPX_lk3Q

The Ministry of Oil in Baghdad, Friday, the first of next July, the date for the flow of oil humpback in Wasit to global markets, confirmed that the end of this year will see a flow of 120 thousand barrels per day of production of the field, as promised by the government and Wasit local address the Prime Minister directly for the establishment of stations gas to generate electricity conservation depending on the gas associated with oil extracted, rather than burned. The Director of the Division Ahdab oil field in Wasit, Ahmed Abd al-Rida in an interview for "Alsumaria News", "first of next July, will see the commencement of pumping oil from the field Humpback by 60 thousand barrels per day, instead of 25 thousand barrels had planned to inject previously at the end of the year. " He said Abdul Redha that "the efforts of the Ministry of Oil representative of two companies of the North Oil and center, pushed the stages of the work in the project forward, so that was skipped timelines for stages of production and amount to a very large," adding that "at the end of this year, will be pumping 120 thousand barrels per day of oil to world markets humpback. " The Abdolreza that "the amounts that will be pumped from the crude oil will be in two directions, first towards the warehouse storage in Basra as a prelude to market them worldwide through the southern ports, and the second to feed the power station Zubaydiah, about 60 km north of Kut, which is still under construction," He pointed out that "the pipes that will pump oil through in both directions, the two are now in the final stages and will be ready to pump before the first of next July." The Iraqi Oil Ministry announced on 10 October last, it reached an agreement with the Chinese company in charge of developing Ahdab in Wasit province, to raise the ceiling on oil production to 200 thousand barrels per day during peak production, rather than 125 thousand barrels. And called on the Director of the Division Ahdab oil, the federal government to "accelerate the establishment of small stations to generate electric power capacity of 125 MW after the use of gas associated with oil instead of burning it, the fact that these stations easy and quick construction cost." He said Abdul Redha that "the delay of work in a power station Zubaydiah push for gas flaring associated with oil humpback, which will begin pumping early next July, and not to take advantage of it, which requires the early establishment of plants Kahroghazip to generate energy power to achieve sufficiency in the province of Wasit, and link the surplus to the national grid." For his part, welcomed the governor of Wasit province, Mehdi al-Zubaidi, the achievements of Oasis and the Chinese Ministry of Oil Iraqi progress in the stages of the work, promising to "activate the file to take advantage of the gas associated with oil." Zubaidi said in an interview with "Alsumaria News", "action steps made by the Ministry of Oil with the Chinese company in the extraction of oil Humpback very happy, having achieved significant short period of time, what is due to maintain the benefits of financial and economic losses." He promised that "if start pumping oil early next July, it means that the Wasit province, you will get a good financial returns within the project of petrodollars," noting that "those revenues would increase significantly at the end of the year where it is expected that production will reach to 120 thousand barrels per day single. " The China National Petroleum Corporation "CNPC" had done in 2008 before the contract with Iraq to develop oil fields humpback for 20 years at a cost of three billion dollars, which of the fields which were discovered in 1979 a reserve of one billion barrels. The contract to develop the Ahdab oil current service contract has been agreed upon initially in the era of President of the former regime of Saddam Hussein, and was then held post, but the government of Iraqi Prime Minister Nuri al-Maliki, re-negotiated in 2008 with the Chinese side and got on the terms of outstanding after the account service contract. A spokesman for the Oil Ministry, Asim Jihad, said in an interview earlier "Alsumaria News", the ministry has asked the Shanghai Company, in charge of the establishment of a power station Zubaydiah in Wasit, add another station card 1000 MW, next to the station that you create and the amount of capacity of 1500 MW for a total 2500 MW power stations, "stressing that" power station Zubaydiah that have been created to begin in the month of May of last year will be one of the biggest power stations to generate electric power in Iraq. " The Iraqi government has contracted with the Shanghai Company, for the establishment of a power station Zubaydiah heat in Wasit, (70 km north of Kut), and was named the station site to the right side of the Tigris River 650 dunums, and one of the largest electrical projects in the country, comprising four units of obstetric a capacity of 330 MW each and one of them, as well as additional stations, which had been agreed upon between the two sides later. The company previously signed a contract for the establishment of the RTS in 1998, The cost of the project at that time $ 750 million, and carried out design work for the station in 2001 to the part of some civil works, but it stopped the execution because of the military operations that has gripped Iraq in 2003, but was activated contract for the construction station and the request made by the former electricity minister Karim Wahid, after visiting the Chinese ambassador in Baghdad to the Ministry of Electricity and mid-March 2007. Was laying the foundation stone for power plant project Zubaydiah in the third month of October 2009, the presence of the former electricity minister Karim Wahid and a number of senior officials from both China and Iraq, in a large central ceremony was held on the land for the project. The House of Representatives the previous, approved at the 26/01/2010 and the majority of the budget in 2010, according to Article 42 of the Code of the budget has been allocated 5% of the total revenue actually land ports (land, air and ports), with the exception of sovereign revenues, to offset the border provinces, with decides to transfer an amount equivalent to one dollar for every barrel of crude oil producer in the province and for each barrel of crude oil refined in the refineries to maintain and every 150 cubic meters of natural gas produced to a budget that province in accordance with Article 43, and held the current parliament an amendment to the proportion of those proceeds to be share of oil-producing provinces, rather than two dollars per U.S. dollar, and dollars to the provinces and one non-oil producers. Iraq has been the export of crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, and Turkish port of Ceyhan on the Mediterranean, and truck by truck to Jordan, and the percentage of Iraqi exports from the Basra oil 90%, while the remaining issue of Kirkuk, Iraq produces currently around 2.0005 million barrels of crude oil per day. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/3/21619/news-details-.html&usg=ALkJrhiwvTyAOl4GfS1Ps49o-vDtEmD6Qg

ر Iraq increased the value of the amounts allowed by turning out to 50 thousand dollars through the amended resolution conversion, which was allowed to 10 thousand dollars only, as announced adviser to the CBI the appearance of Mohammed Saleh, who said: «This is encouraging and helps to hold business deals large companies », He pointed out that «the goal of settling accounts in the transfer tax is not on money but on the mobile profit». وأHe added: «I think the amendment, which took place on the conversion rates are not subject to the tax credit and technical support is good, and useful implications for the balance of the market and sales, which rose». He believed that «the amendment also reflects on the implications of a good sales and the auction of the dollar, which amounted to 190 million after he was 4 or $ 5 million». The «Iraqi Central» issued instructions to banks when necessary to transfer 10 thousand dollars, by providing him with a certificate of tax to the beneficiary, which impacted negatively on the currency auction market in securities of non-demand for purchase. Moreover, Iraq is planning to introduce a centralized payment system within a year http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.theiraqiobservatory.com/&prev=_t&rurl=translate.google.com