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The start of the oil negotiations between the federal government and the Kurdistan region By: Wab1 on: Sunday 08/03/2015 22:34 Baghdad news / Baghdad revealed MP for mass Kurdish change Tavkh Ahmed Mirza, the Minister of the Kurds began to negotiate with the federal government on resolving the issue of export of oil and the salaries of Iraqi Kurdistan staff. "said Mirza in a press statement that "the Kurdistan region of employees' salaries have been frozen for more than three months due to problems on the export of oil from the region ", pointing out that the oil agreement between Baghdad and Erbil required the province to export 550 000 barrels per day," and added that "the pipelines for oil Kirkuk is able to accommodate such a large oil daily quantities," adding that "the provincial government committed to Baghdad to pay these quantities throughout the year. " Tavkh added that "the Kurds minister in the federal government entered into direct negotiations with officials in Baghdad to develop effective solutions to all the problems that hinder the export of oil, as well as payment of staff salaries of the province."

more history Reforming Iraqi Kurdistan’s Oil Revenue DECEMBER 21, 2011 Shwan Zulal عربي 8Add your comment Oilmen have often described Iraqi Kurdistan as the last unexplored on-shore petroleum frontier in the world. Since the region opened to developers after the fall of Saddam Hussein’s regime in 2003, it lived up to expectations of plenty: The U.S. Geological Survey estimated in 2007 that the Kurdistan reserves alone contained a median of over 45 billion barrels of oil and 3-6 trillion cubic meters of natural gas. That year, when discussions over oil and gas laws (as well as revenue sharing) deadlocked in Baghdad, the Kurdistan Regional Government (KRG) introduced its own oil and gas legislation—granting some 40 contracts to companies from over 17 countries. Meanwhile, as the Iraqi federal government sought to centralize the oil sector, Baghdad accused the KRG of corruption—claiming that the KRG’s Production Sharing Contracts (PSCs) with foreign companies are unconstitutional. One of the main issues is that of transparency: Baghdad has criticized that the PSCs were not made public and that they (having unknown content) could not be recognized. In recent months, however, the KRG has taken unprecedented steps to increase transparency. In September, the KRG published the majority of the PSCs. On December 5, KRG Prime Minister Barham Salih’s government approved a revised draft oil and gas revenue law. This marks a huge step towards accountability within the semi-autonomous Kurdish government. Though previous efforts have been made to increase transparency, the competing oil and gas bills from the cabinet and parliamentary committees for energy have both fallen short of expressly defining what transparency would entail. The new legislation championed by Salih perhaps sets a new standard. The proposed bill will institutionalize the hitherto opaque process of granting contracts and give parliament greater oversight over the hydrocarbon industries. It creates an executive board that will manage and supervise the oil fund. Its members will be chosen by the cabinet (with approval from parliament) and serve for four-year periods. Accounts will be kept in hard or local currency, and only the chair of the board will be able to make payments—and then with the approval of Kurdistan’s parliamentary committee for oil and gas. The bill also ensures that related funds (by-products, signature bonuses, and other allowances given by the central government to the sector or towards environmental protection purposes) will fall under this arrangement. This represents a marked departure from previous measures in which payments were decided ad hoc by the two main political forces: the PUK (Patriotic Union of Kurdistan) and the KDP (Kurdistan Democratic Party). Furthermore, proceeds of the oil and gas revenue fund are to be allocated by the parliamentary committee to finance investment in reconstruction and infrastructure projects, and their distribution will be per capita for the Kurdish provinces. While the board can recommend and allocate to different projects, parliamentary approval is required. The main beneficiaries of the fund would be the oil and gas sector, as well as local infrastructure projects. The fund is not allowed to be used for any projects which have not yet been contracted and which do not fall under the KRG’s annual budget—effectively ending the ability of more powerful political parties to withdraw capital for projects they approve unilaterally. Crucially, the bill also proposes an annual independent audit to be conducted by a reputable international accounting firm—making the fund the most transparent in the region. Another significant aspect of the legislation is the initiation of a “Next Generation Fund” from oil revenue to act as a sovereign wealth fund. This would siphon money from the national income into major investment ventures as a means of securing future revenue. The account’s creation indicates that the KRG has matured enough to plan ahead in the long-term rather than perpetuate short-term fixes for enduring problems. Salih’s bill is the newest flashpoint in the tug-of-war between the KRG and the Iraqi federal government. Since 2003, the KRG has made it abundantly clear that it wants to develop its oil sector independently of federal control. Hussein al-Shahristani, the Iraqi deputy prime minister for energy, has become the symbol of opposition to the Kurdish stance. He has vehemently opposed Kurdish attempts to take control of their own, independent oil sector, and his views have put him on a collision course with Ashti Hawrami the KRG’s minister of natural resources. Al-Shahristani has attempted to deter oil companies from Iraqi Kurdistan by threatening them with exclusion from the rest of Iraq, while Hawrami has lured companies to the region by offering a number of lucrative deals—hitherto only seized by the most intrepid investors, but now attractive to many major oil companies. Most significantly, ExxonMobil signed a contract with the KRG this past October authorizing the firm to develop oil and gas in six blocks in the northern region—ruffling many feathers in Baghdad. Though condemned by the Iraqi federal government, it could prove the catalyst in the impasse. The Exxon deal has been a significant PR coup for the KRG and has made Baghdad rethink its policy of centralized oil development. Although during his recent visit to the US, Iraqi Prime Minister Nouri al-Maliki stated on December 15 that Exxon had promised to rethink the Kurdistan deal, already the federal position has shifted. Baghdad claimed to oppose the deal on principle (i.e., not allowing international oil companies operating in Kurdistan to operate in greater Iraq) but now appears to only be concerned regarding three of the six blocks awarded for exploration: Barda Rash, al-Qush and Qara Hanjer. These blocks lie in the so-called “disputed territories” (as defined in Article 140 of the Iraqi constitution), and two of them are formally part of the Nineveh governorate—technically not a part of Iraqi Kurdistan per se, but administered to by the KRG since 2003, and control of which has been a subject of contention for the central Iraqi government. Even if Exxon balks on the blocks in the disputed territories and only the deals in the other three blocks go through, this would mark a significant change in policy for the Iraqi federal government. It sets a precedent for the entry of the other Supermajors. In an independent regional oil sector, Salih’s revised revenue bill could mean a new foundation for transparent and equitable distribution of Iraqi Kurdistan’s vast oil wealth. Shwan Zulal is a London-based consultant/analyst with a legal background. He writes regularly about politics, security risks and legal issues in Iraq and the Middle East region, specializing in work on the oil and gas sectors, contract procurement, economic development, and legislative change in Iraqi Kurdistan. His blog can be found here. http://carnegieendowment.org/sada/2011/12/21/reforming-iraqi-kurdistan-s-oil-revenue/8pql

Iraqi Kurdistan govt approves bills to regulate the management of oil wealth and its revenues Rudaw English‏@RudawEnglish #Kurdistan parliament will debate the the bill of sovereign wealth fund tomorrow, Kurdish MP said. http://fb.me/77GHyv1wq https://twitter.com/RudawEnglish/status/574623261784301568 12:30 PM - 8 Mar 2015 ______________________________________________________________________ some history: The government’s cabinet of Kurdistan region. Photo: KRG • See Related Articles Iraq Kurds cabinet approves plan for starting oil company November 12, 2014 ERBIL-Hewlêr, Kurdistan region 'Iraq',— Iraq’s semi-autonomous Kurdistan government approved plans to create an oil exploration and production company separate from the central government and a sovereign wealth fund to take in all energy revenue. Kurdistan Regional Government (KRG) ratified in its session on Wednesday, led by PM Nechirvan Barzani the draft law of (Kurdistan company to explore and produce oil) and the law of (imports of oil and gas fund company in Kurdistan region). A bill to create the company for oil exploration and production, with shares to be sold to the public, was approved by the cabinet of the KRG, Kurdish Prime Minister Nechirvan Barzani said in a statement Wednesday. A separate initiative approved by the cabinet would create a Kurdish fund for oil and gas revenue. Both draft laws need to be approved by the KRG’s parliament. The KRG, which started crude oil exports by pipeline through Turkey this year, wants to control sales of oil pumped from fields in the Kurdish region in the north of Iraq to boost its financialwww.Ekurd.net independence from the central government in Baghdad. The Kurdish region holds 45 billion barrels of oil reserves, while the rest of Iraq has 150 billion barrels, the world’s fifth-largest known deposits. The new company will “oversee all the oil and gas sectors, for example, the signing of contracts for oil exploration, extraction, development, investment, export and marketing,” Barzani said in the statement. “This company can become within a limited time a shareholding company, and all the citizens can buy shares in it.” Barzani also talked about complaints of MPs in the delayed response to inquiries by the ministers of KRG, calling for the preparation of a mechanism to answer queries in the legal date, which is 15 days. Kurdistan Prime Minster demanded to take the issue of questioning and follow-up and control of the affairs of the parliament and government ministries with full coordination with the Parliament and not to neglect their inquiries. The Minister of Natural Resources, Ashti Hawrami submitted the first paragraph of the meeting that took place to discuss the draft law (Kurdistan company to explore and produce oil) and after the presentation of a set of observations and opinions by the Cabinet , the law was approved, noting that the Cabinet decided to send the project to Kurdistan Parliament. The statement said that the law stipulates that the company will prepare plans for administrative, financial, technical, and policy and management of the oil sector in order to be consistent with the oil sector. KRG statement noted that the company and in consultation and coordination with the Ministry of Natural Resources and the Council of Ministers for oil and gas will oversee all fields of oil and gas sector in the region, such as signing of exploration and extraction of oil as well as development and production of oil , exporting and marketing it in the region, Iraq and abroad and all business activities related to the oil and gas sector contracts. The statement noted that the company will be within a certain period a joint-stock company and the citizens can buy shares, which will be organized later by a law. The statement noted that the second paragraph of the meeting also was related to the oil sector presented by Hawramiwww.Ekurd.net and discussions were held as the law of (oil and gas imports fund in Kurdistan region) was approved in which will include all imports of oil and gas. After conducting extensive discussions about this law and the observations by the Minister , it law has been approved and sent to Parliament. On the differences and problems between Baghdad and Erbil, Barzani renewed his assertion that from the priorities of KRG is to reach an agreement with the federal government and find a mechanism so that no one can cut off whatever his position is, Kurdistan Regional Government’s budget or take individual decisions. Regarding the oil problems with Baghdad , Barzani stressed that he would not allow in any way that SOMO controls the region’s oil, adding that KRG is ready to cooperate with them in the matter of production and sale of oil and transparency. The Kurds were producing 320,000 barrels of oil a day in October, Sherko Jawdat, head of the natural resources committee in the Kurdish region’s parliament, said Oct. 2. The remainder of the country produced 3.3 million barrels a day last month. Greater Independence Iraq’s Kurdish enclave is set to produce 1 million barrels a day of oil by the end of 2015, the regional government said in a Nov. 7 statement. It plans to export 500,000 barrels a day via neighboring Turkey by the end of March, it said. The Kurds exported 300,000 barrels a day in the first week of November. The Kurds’ efforts to sell crude separately from the central government has provoked legal action by authorities in Baghdad and fanned speculation that the semi-autonomous region will pursue greater independence. Exxon Mobil Corp. (XOM:US), Chevron Corp. (CVX:US) and Total SA (FP) are among companies caught in the dispute between the KRG and the central government over land and oil revenue. The Kurds stopped exporting crude via Iraq’s national pipeline system in December 2012 and began operating their own link to Turkey this year. The central government has suspended payments to the Kurds from the national budget. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CCwQFjAB&url=http%3A%2F%2Fwww.ekurd.net%2Fmismas%2Farticles%2Fmisc2014%2F11%2Fstate8667.htm&ei=rJz8VK_FOYSwyQTH84DIBA&usg=AFQjCNEjcYilDLitU86TOE6z9pAbjCazsQ&sig2=gQsg2W2aKpDFMW5z1pw1Sg&bvm=bv.87611401,d.aWw Iraq Kurds Cabinet Approves Plan for Starting Oil Company November 12, 2014 El-Erian: Demand Won’t Push Oil Back to $100 Per Barrel Nov. 13 (Bloomberg) -- Iraq’s semi-autonomous Kurdish government approved plans to create an oil exploration and production company separate from the central government and a sovereign wealth fund to take in all energy revenue. A bill to create the company for oil exploration and production, with shares to be sold to the public, was approved by the cabinet of the Kurdistan Regional Government, Kurdish Prime Minister Nechirvian Barzani said in a statement yesterday. A separate initiative approved by the cabinet would create a Kurdish fund for oil and gas revenue. Both draft laws need to be approved by the KRG’s parliament. The KRG, which started crude oil exports by pipeline through Turkey this year, wants to control sales of oil pumped from fields in the Kurdish region in the north of Iraq to boost its financial independence from the central government in Baghdad. The Kurdish region holds 45 billion barrels of oil reserves, while the rest of Iraq has 150 billion barrels, the world’s fifth-largest known deposits. Iraqi Oil Minister Adel Abdul Mahdi arrived today for talks in the Kurdish city of Erbil, Saad al-Hadithi, an adviser to Prime Minister Haidar al-Abadi, said by phone from Baghdad. The visit, confirmed by Sherko Jawdat, head of the Kurdish regional parliament’s natural resources committee, is the minister’s first to Erbil since al-Abadi formed his government in September. Selling SharesThe new company will “oversee all the oil and gas sectors, for example, the signing of contracts for oil exploration, extraction, development, investment, export and marketing,” Barzani said in the statement. “This company can become within a limited time a shareholding company, and all the citizens can buy shares in it.” The Kurds were producing 320,000 barrels of oil a day in October, Sherko Jawdat, head of the natural resources committee in the Kurdish region’s parliament, said Oct. 2. The remainder of the country produced 3.3 million barrels a day last month. Iraq’s Kurdish enclave is set to produce 1 million barrels a day of oil by the end of 2015, the regional government said in a Nov. 7 statement. It plans to export 500,000 barrels a day via neighboring Turkey by the end of March, it said. The Kurds exported 300,000 barrels a day in the first week of November. The Kurds’ efforts to sell crude separately from the central government has provoked legal action by authorities in Baghdad and fanned speculation that the semi-autonomous region will pursue greater independence. Kurdish PipelineExxon Mobil Corp., Chevron Corp. and Total SA are among companies caught in the dispute between the KRG and the central government over land and oil revenue. The Kurds stopped exporting crude via Iraq’s national pipeline system in December 2012 and began operating their own link to Turkey this year. The central government has suspended payments to the Kurds from the national budget. “The federal government is keen to discuss and resolve problems between Baghdad and Erbil, and one of these files is the oil issue and the revenue-sharing,” Al-Hadithi, the prime minister’s adviser, said. “The differences aren’t easy and simple and won’t be resolved in one visit, given the country’s current situation.” Even so, “there are good groundings” for Abdul Mahdi’s talks with the Kurds and “a will” for the two sides to resolve their disputes, he said. The KRG “is ready to cooperate,” Barzani said in the Kurdish statement. “We hope that the visit of the Iraqi oil minister to Erbil would open the way for a resolution of the problems.” http://www.bloomberg.com/news/articles/2014-11-13/iraq-kurds-cabinet-approves-plan-for-starting-oil-company http://www.ekurd.net/mismas/articles/misc2014/11/state8667.htm

Dollar exchange rate .. its causes and its impact on the Iraqi market 08/03/2015 13:49:00 Dollar exchange rate .. its causes and its impact on the Iraqi market Under the highs and lows witnessed by dollar prices daily, said in the Finance Committee of the House of Representatives member, that "the subject of the dollar exchange rate in Iraq, the issue of auction of the Central Bank." He said Masood Haider, in a statement toPUKmedia 2015 thirds, Sunday / 8, that "the Iraqi market used to put huge amounts of money at auction but now because of the financial situation faced by the country has been reduced these amounts only about 90 million dollars a day, not to mention the financial speculation by foreign currency traders." He Haider , believed that "this crisis will end soon," noting at the same time, that "the investment projects have had a significant role in the operation of the funds and now almost is almost non-existent and all this has a role in influencing the markets and the dollar exchange rate." For his part, said Professor economy in Sulaymaniyah Mohammed Rauf University, there are many reasons behind the rise in the US dollar rate against the Iraqi dinar. He said in a statement to PUKmedia , that "the main reason is that the central bank after the fall of the former regime in March that do an auction for five days a week policy , where the central bank introduced a certain amounts of US dollars at a price determined by himself. " And that "the Central Bank is leading the process of determining the US dollar exchange rate, therefore, that at the time was Iraq could happen to greater amounts of foreign cash resources such as the dollar The US was Amekdor central bank that raises large amounts of US dollars at the rate determined by the price ranged between 100 000 or 120 000, where he was being put up $ 350 million a day to the extent of 400 000 dollars at a time when the financial capabilities of Iraq's big because of oil prices when it was 120 per barrel. " He said that during the recent period, oil prices dropped to around $ 55 per barrel, Iraq sells its oil at a lower price than the world price and spending Iraq's military requirements for the purchase of arms and perpetuate the fighting fronts imposed on him big spenders thus the Central Bank of the capacity to launch the largest dollar amounts US to maintain a certain price determined by the Central Bank against the Iraqi dinar has become very limited. He said that the Central Bank at the present time to Aatrah only $ 75 per day thus that the same US dollars in the Iraqi market and demand a lot Ay dollar in non-market determined by the auction led to a higher dollar prices in front of the Iraqi dinar. This jumped the US dollar to its highest level in 11 years and a half against the basket of major currencies, as the strong data on non-farm payrolls in the United States fueled expectations that the Federal Reserve (central bank) will raise interest rates at a date closer than expected. Private PUKmedia http://www.pukmedia.com/AR_Direje.aspx?Jimare=61149 ‌

Abdul-Mahdi: There are parties obstructing increase oil productionBy Roudao Adel Abdul Mahdi Roudao - Arbil, said Iraqi Oil Minister Adel Abdul-Mahdi, said on Saturday that there are parties behave "subversive ways" to get to their demands, pointing to certain destinations impede increase oil production in the country. He said Abdul-Mahdi, in a speech during the deliberative meeting to discuss mutual between governments powers Federal and local oil and gas management, the presence of governors and heads of oil-producing provinces councils, which was held in the province of Basra, said that "the country is facing real challenges in oil production and lower prices and its impact on the federal budget," noting that "many pressures will suffer, including the budget," attributing it to a decline in oil prices and the difficulties of production. He stressed the oil minister the importance of continuing to perpetuate oil production, likely rise in oil prices in the future, and he said, adding: "The more we can do in this situation and face the decline in prices, is to control the increase in our investment for oil and gas in our local markets and on continue our exports in and provided us the resources are based upon the budget. "said Abdul-Mahdi said that "some people call the impossible, using the means of sabotage to achieve gains, regardless of eligibility in those demands," he said, adding that "there is a line between legal businesses that depend the basis of the negative expression of dialogue, and between banditry and the storming of the workplace and disabled facilities and all that hinders increase production and expand its imports is an action against the homeland. " http://rudaw.net/arabic/business/070320151

New sanctions of the European Union exposes link Assad Bdaash 03/08/2015 19:16 EU dawn surprise in the list of sanctions issued against Finally figures linked to the Syrian president, Bashar al-Assad's regime, as he added another businessman said he works in the mediation between the system and the organization "Daash" to facilitate the sale of oil. He said the European Union, in the latest amendments to the lists of sanctions, the businessman George Al_husoana, one of the most prominent businessmen in the country, a partner at Foundation for the building and construction, and has great links with the men in the Assad regime. Union and continued by saying that Hassoana "provided support for the system and benefited from it through his role as a mediator in deals to buy oil from Daash in favor of the Syrian regime, also benefited from the system through secondary Neal projects as a contractor with a Russian oil company." The reports about the existence of economic relations between the Syrian regime and organizing Daash had appeared a few months ago, referring to deals between the two sides to provide oil for the benefit of the system of wells controlled by Daash in exchange for facilitating the passage of services to areas of influence. Included lists European sanctions also figures such as Bitar statement, accused of involvement in the Syrian chemical weapons program, along with the high-level Syrian officer, Ghassan Abbas, and businessmen such as Wael Abdul Karim Ahmed Barqawi and Imad Hamsho and Samir Hamsho. http://basnews.com/ar/news/2015/03/08/%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A7%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D8%AA%D9%81%D8%B6%D8%AD-%D8%B5%D9%84/

User Actions Following Radio Free Iraq‏@iraqhurr_eng #Iraq's #Kurdish daily Hawlati: Employees of #KRG Finance Ministry due to receive salaries through smart card (#Kurdistan) 5:21 AM - 8 Mar 2015 https://twitter.com/iraqhurr_eng/status/574515338336956417

Islamic State crisis: Iraqi army drives IS from key town US-led coalition strikes helped Iraqi soldiers retake the town of al-Baghdadi Iraqi forces have pushed Islamic State (IS) fighters out of the western town of al-Baghdadi, the US military says. The town, which was taken over by IS last month, is about 8km (5 miles) from a base housing hundreds of US troops who are training Iraqi soldiers. Iraqi forces moved in after "precise and effective" air strikes by the US-led coalition, a statement said. Meanwhile, IS was widely condemned on Friday after it bulldozed the ancient Assyrian city of Nimrud in Iraq. IS began demolishing the site, which was founded in the 13th Century BC, on Thursday, according to Iraqi officials. Why is Islamic State destroying Iraq's history? - Explained in 60 secs The head of the UN's cultural agency condemned the "systematic" destruction in Iraq as a "war crime". IS, which controls large areas of Iraq and Syria, says shrines and statues are "false idols" that have to be smashed. Nimrud lies on the Tigris river, about 30km (18 miles) south-east of Mosul, which is under IS control. Government offensive Iraqi forces said they were making progress in their major offensive aimed at retaking the city of Tikrit, which lies between Mosul and the capital, Baghdad. The operation to recapture the city involves some 30,000 soldiers and Shia militiamen. Military commanders said the combined force had moved into the town of al-Dour on the southern outskirts of Tikrit. Iraqi forces are being supported by Shia militiamen in the operation around Tikrit One militia commander told Reuters news agency that al-Dour had been "totally liberated" but it was unclear if the entire town had fallen. A senior commander in the main Shia alliance, Moeen al-Kadhimi, told the BBC that progress has been slowed by the extensive use of improvised explosives by IS. "We're very careful in our planning, especially because the [iS] strategy is based on planting explosive devices on the roads, houses, everything," he told BBC correspondent Ahmed Maher, who is travelling with troops near Tikrit. The Iraqi government's offensive is being supported from the air by the US-led coalition. Nimrud (pictured) lies just south-east of Mosul, which IS controls The US military said the capture of al-Baghdadi meant Iraqi forces were now poised to retake more territory from IS in Anbar province. But the advance comes too late to save the ancient city of Nimrud - considered one of the world's most important archaeological sites. BBC Middle East correspondent Jim Muir says the attempt to destroy Nimrud is already being compared with the Taliban's demolition of the Bamiyan Buddha rock sculptures in Afghanistan in 2001. A spokesman for Ban Ki-Moon said the UN Secretary-General considered the assault "a war crime and represents an attack on humanity as a whole". Grand Ayatollah Ali al-Sistani, Iraq's most influential Shia cleric, used his Friday sermon to attack IS militants, saying they were savaging Iraq's "history and ancient civilizations". Profile of Nimrud Many Nimrud artefacts are now housed overseas - including these ivory pieces at the British Museum Ancient Assyrian city on the River Tigris Capital of Assyria for about 150 years First excavations in modern times undertaken by Europeans starting in the 1840s Treasures unearthed included sections of royal palaces, individual statues and smaller artefacts Investigations stopped for decades but in 1949 Sir Max Mallowan (husband of writer Agatha Christie) began fresh excavations Extensive photographic record of remaining treasures made in the 1970s

they payment allocations are in the budget - so I'd think (now) they'll be taking this seriously

Dempsey talks about the battle of Tikrit detailsBy Roudao 9 hours ago Dempsey Roudao - Arbil predicted the chairman of the Joint Chiefs of Staff, US Army, Gen. Martin Dempsey, that the double whammy carried out by Iranian-backed militias and Iraqi government forces, will prevail over the "Islamic state" fighters Daash in the battle taking place in Tikrit, Saddam Hussein's hometown . , said Dempsey said "the attack on Tikrit (100 km north of Baghdad), it was not possible without US air strikes, which curbed the organization in last place in the north." The chairman of the Joint Chiefs of Staff, US Army, said that "about 23 thousand members Shiite militias backed by Iran and Iraqi soldiers taking part in the attack, compared with the hundreds of organizing the Islamic state Daash fighters, "he said, adding that the attack did not follow the standard military style. He spoke Dempsey for "flow Humvees, trucks and other Iraqi vehicles to Tikrit, saying:" I would not characterize as advanced military maneuver, "he said." I do not see evidence that the Iranian army is fighting. " He explained Dempsey: "If not for the air campaign for the US-led coalition, which Daash forces drained in Baiji, what was the current campaign in Tikrit be militarily possible," he said "The important thing about this process in Tikrit, not in how the military side as far as what would result from the outcome." He pointed Dempsey to be crucial task for the leaders of Iraq is to achieve a balance between the Iranian role in enabling Shiite militias and partnership Iraq with the United States and members of the Alliance of others, pointing that "the only person who can balance it is the Prime Minister of Iraq, so I want to identify the point of view on how it seeks to achieve a balance." intends Dempsey during his visit to Baghdad on Sunday, held talks with the government and military commanders of US commanders in Iraq, and also plans to visit the French aircraft carrier Charles de Gaulle, which was sent to the Persian Gulf as part of military operations in Iraq with the coalition led by the United States forces. http://rudaw.net/arabic/middleeast/iraq/0703201526

U.S., France 'on same page' over Iran, want stronger deal BY ARSHAD MOHAMMED AND JOHN IRISH PARIS Sat Mar 7, 2015 1:20pm EST CREDIT: REUTERS/ETIENNE LAURENT/POOL RELATED VIDEO (Reuters) - The United States and France sought on Saturday to play down any disagreements over nuclear talks with Iran, saying they both agreed the accord now under discussion needed to be strengthened. "We are on the same page," U.S. Secretary of State John Kerry told reporters after talks with French Foreign Minister Laurent Fabius in Paris. "If we didn’t think that there was further to go, as Laurent said, we’d have had an agreement already," Kerry added. "The reason we don’t have an agreement is, we believe there are gaps that have to be closed. There are things that have to be done to further strengthen this. We know this." The aim of the negotiations is to persuade Iran to restrain its nuclear program in exchange for relief from sanctions that have crippled its economy. Iran, a major oil exporter, wants the sanctions scrapped swiftly, the powers only in phases. France's Fabius said on Friday commitments offered by Iran in the nuclear talks with six world powers do not go far enough and more work needed to be done, notably on what he called "volume, checks and duration". On Saturday, he made clear that by volume he meant the number and quality of centrifuges Iran might be allowed to operate under any deal. By checks, he meant an inspection and verification regime to ensure Iran does not violate the deal. "There is still work to be done," said Fabius, who was also hosting his British, German and EU counterparts in Paris. France, a U.N. Security Council veto-holder, has long held out for strict terms, linking any loosening of international sanctions on Iran's oil-based economy to commitments by Tehran to demonstrate that its nuclear work is as peaceful as it says. The discovery in 2013 that the United States was holding secret talks with Iran was an opportunity for Paris, by saying 'no' to a deal, to assert itself internationally and to rebuke Washington for backing down on bombing Syria as punishment for using chemical arms. It also helped France cement new commercial ties with Gulf Arab states hostile to Iran. "SOLID AGREEMENT" SOUGHT "It is a multilateral negotiation, but we want to make sure that our positions are aired," said Fabius, who stressed several times the need for a "solid agreement". U.S. officials privately bristle at what they sometimes see as France’s effort to insert itself into the diplomacy on Iran and other issues. Some other diplomats close to the talks say Washington is rushing into a deal with Iran. From the outside, it appears as if the negotiations are fundamentally a U.S.-Iranian bilateral discussion, with the other nations briefed and brought in periodically. As well as the United States and France, the other world powers involved in the Iran negotiations are Britain, China, Germany and Russia. Kerry this week held three days of talks with his Iranian counterpart, Mohammad Javad Zarif. He plans to meet Zarif again on March 15 ahead of talks with all sides aimed at sealing some form of understanding by the end of March before a final deal in June. "The next couple of weeks are crucial," said EU policy chief Federica Mogherini.

Sure, it's an interesting article, but it's just one opinion, from one of many Iraqi economists. Obviously, this art is to some, way open for interpretation. Let's wait to see what next week brings. Thanks for the article Thug.

the last copyright date on that site is for 2012 hmmmmmmm © 2012 Bank of Baghdad. A Member of KIPCO Group

ha ha ha ha

or me......

Hamza Jeweler *: a silver lining - a modest vision to create a new path out of the rentier economy - PUBLISHED ON 03.06.2015 Oil revenue crisis as a result of falling oil prices spurred everyone to think about finding ways and means to get out of this crisis, FRP disguise, because without this crisis, what was the state and independent thinkers thinking never change. The most important of many studies, conferences and official meetings and informal output is the need to think seriously about finding ways out of the mono-economy, which relies on oil for about the diversity of sources of income for the state. But this does not come Baltmanaat, because objectivity Aldharov that created the rentier economy still exist and root days after another, represented by three things, namely: First-politics drive the economy: This is not true at all times, system of quotas may put the wrong man in the right place, and make matters worse, is that inappropriate protected strongly from the political bloc strongly this man, he is if sacrosanct irresponsible, whose only concern to act with public money incorrectly. Second-wheel stopped production: This is what we will get it in some detail. Third-references the individual and groups backward and can not produce a civilized civil society can rotate the wheel of production and continuing to spin, but he must increase the speed of rotation and momentum. This is what we will get it in some detail as well. It has become very difficult, indeed impossible as seen others, that the political process is shifting from its current form to a new track is quite different in terms of form and content, namely the completion of the state of sectarian and ethnic hunkering down and strife among what has been termed the "basic ingredients" in Iraqi society, this is what he sees as most researchers, if not everyone, agree on that. But I think it is very possible through rotate the wheel of production in all sectors of employment, which would necessarily lead to switch the references of the individual to be the law and the judiciary, unions Alvaah such as trade unions and civil society actors and not those that seek to Making Money on the miseries of the people, Valmarjaaat now is the clan and a man of religion and sectarian party or national and even personal weapons, these references can not be considered references to civil society civilized, they are very retarded and can not produce what erected to him, that the civilized civil society. In the sense that the economy is the one who should lead the policy and not the contrary, the leaders of today are the politicians, not the economy and ownership of the means of production and work different and its terms of reference are in the end of the day in the same river, a law absolute joints of life and authority, politician today is not Aora of breaking the law, nor Even the Constitution, today we see that the politicians are fighting to put the compatibility of the Constitution, after overpowering obstacle law which exceed it whenever they want. What produced the Iraqi political system over the past decade, a state of chaos almost be absolute, but is not that the oil revenues that saved the situation, because Iraq had already breakup, but the same time, the oil revenues reason to provide the suitable environment for the system of sectarian and ethnic quotas in Iraq, Venma and grew in the arms of warm oil money, so that the Iraqi official Mahassata became fighting for a greater share of the proceeds to spend it for the benefit of his party or bloc, or his corrupt around him, did not generate immortalized in that office and his foundation run by must seek to bring the material goods of the country and not to divert resources of the country , accompanied by rampant chaos everything, and became a murder law boasts the Mqtervoa crimes openly without fear or shame, and dominated the scene pictures different to what we wanted to change that took place, Vsrvat hundreds of billions of dollars on projects that have not been completed yet, despite exceeded periods completed years many, and some are later found to be fictitious, and no one could corrupt accounting, and most of this and that is the almost total disruption of the production wheel, and sometimes deliberate, in all economic sectors. Too many analyzes have emerged to explain the cases of widespread corruption and murder strange and all kinds of chaos in Iraq, most of which were on the right, including what he says was an effort to certain destinations in order to take revenge of those who failed the Baathist regime collapsed, and others assert that the reasons for the brutal murder, for example, is aimed mainly to restore power to those who lost, and the other says that everything that is happening under the guidance of the neighboring countries or have interests in Iraq powerful countries seeking to thwart the Iraqi experience, and the other says that on a sectarian basis, or aimed at the establishment of a state or an Islamic emirates or militant nationalism in Iraq, and a lot other interpretations. But when we go to the details, we find all these reasons, share a common Qasim one or one result which disrupt production wheel rotation, and thus delay the process of forming a sound economic base of the new state, and make it dependent economy, not the leader of the process of economic and political transition, and that I want him to be as a civilian. This paper addresses the issue of activating the social base, economic, political, civic good of the state. As is well known that the production wheel rotation process had stopped before the fall of the former regime for a long time because of the destruction of Iraq's industry for the benefit of the mic, followed disable other sectors and push it towards more defaults such as agriculture, and the total eradication of tourism, and so other sectors, so we ended up for Natash the "oil for food", which has remained constant until the fall of the regime, and remained ration card yet the primary supplier for a large segment of the poor families. What happened after the change was more serious, where new officials living on oil revenues also continued, and did not re-consideration of thousands of factories abandoned by people working on them to stop, non-competitive products with imported cheap, and even paid workers in those factories salaries as they sat in their homes, and did not develop agriculture a way that fits with what is owned by Iraq of huge potential of arable vast land, and water continued to go in vain towards the sea, and human energies forced to migration of rural to burden the city, and so the rest of the sectors, almost all were not the best case of agriculture or industry. All of the above means of production disruptions wheel in almost all sectors except agriculture and little in the deterioration due to the invasion of a new armed criminal gangs to large areas of Iraq that wiped out nearly 40% of Iraq's food basket. The historical process of transformation that took place in the race, which lasted for more than two decades have resulted in two tracks, the first is the production wheel stops, and secondly alter the terms of reference of the Iraqi individual references semi-civilized references very retardation. This shift was the context of historical material and purely out of human consciousness completely, and this affair historical transformations anywhere or anytime. Change references to the individual and groups : Day entered the British occupiers of Iraq early last century, who confronted him as leaders are clerics and tribal leaders, because the Iraqi Ann that was subject to the rule of the clan, and the ideology that is because it is a religion, and the two benchmark years only two Alsaúdtan under community to another. But after the formation of the modern state, the relations of production evolved, and grew up new relationships differ from what was the case in the past, it has emerged over several decades of civil society organizations such as trade unions, the limitations, I knew Bmtalpetha, stood to the side of rights of its members and was beyond the control of the state, any free to some extent, and grew spend almost independent of the executive, and the executive authority has a lot of media power and influence, and even though Parliament was appointed in the monarchy, but he has some semblance of independence from the executive branch. Thus arose the new terms of reference of the individual and groups differ from the old references that were only sheikh clan and a man of religion is restricted, all of this was thanks to the agricultural and industrial in terms of the basis of production wheel rotation, but the benchmark years, as we have said, remained coexisting with each other, where dedicated law for that matter, was a tribal dispute resolution law, for example, but not limited to, recognized by the state and the judiciary, and the rule of the cleric in the organization of society and politics heard the judiciary, executive and legislative branches. With the change of regime in 58, and in spite of the short period, the civil society movement has grown largely as a result of economic leaps and development of relations of production witnessed by the country and expanded infrastructure salute economic and political movement that spawned many of the parties and organizations categorical, and has grown into quite the executive authority of the government largely in the shadow of the absence of almost legislature, during this rapid pace of social mobility, and the emergence of new unions after the expansion of the industrial sector has expanded and unions factional and raised civil society enjoys relative autonomy from the state organizations, and issued new laws regulating social life better response with the community well, as Note possible ancient references to religion and the clan of the decline in a very large extent to the decay in almost cities, but remained confined to the countryside in parallel with the new authorities of the judiciary and law and civil society organizations free. According to these shifts, the emergence of various new terms of reference and other developed those which fell in outside people's awareness of the expense, but the awareness of necessity is produced. During this phase of the modern short life of Iraq which manifested itself features a more civilized than the previous references urban society, even if the situation continues that pace of Iraq today is already a civil society civilized and referentiality law and the Constitution, and the Commander of which is economics, not politics as is the case now, but the political coups back and spoil everything. It should be that this process will continue to grow for the fact that authoritarian rule sent to Iraq dominated in the year 68, which is about the whole of civil society organizations to the party's institutions \ power and devoid of meaning and content, and even around the tools of repression and control society, turning unions into dens to spy on Members and even the practice of interrogation and torture to serve as repressive devices that are no longer sufficient to rein in the community and shackled restrictions totalitarian regime, is no longer the leaders of these syndicates and unions elected but appointed by the ruling party, so it lost its meaning to be a reference to workers belonging to a union or union. The wars also a very big impact after that most of the factories turned to war production and managed by the military turned its employees either soldiers are working in accordance with the systems are wildly off civil society or to the unemployed for swallowed multiple system armies, and emptied the agricultural fields of the employees did not There is a productive process subject to any name nor the relations of production known features. During that particular period decline Iraq back horribly, because the power of dictatorship, which lost its influence on the Iraqi countryside and distant cities from the capital, found itself forced to re-consideration of the elders through their support on the one hand and attempts subjected On the other hand, and thus subject to their families, to the Sultan of State, Because it was necessary to rehabilitate the entire clan system, as it was before the founding of the Iraqi state at the beginning of the century. After the fall of the former regime and found the Islamic parties in this case bliss missing who were looking for him for a long time, Fastthmrth with full force, and increased the spread chaos and raised slogans fueling sectarian ditching the divided objectively community on a sectarian basis, and continued attempts by religious political parties desperate to return to the laws that grant right to them, led by society and politics, and gives them the legitimacy to stay and continue to control society and own joints power. These are the general features of the case have reached Iraq, a situation in which we live now specifically, but through what progress we can touch the causes of recidivism and the decline clearly, and this is what I'm trying to be hired him so that we can say for sure that the mechanism by which we will be talking about are the only solution to the successful and fastest return law and the authority of the judiciary and the civil state only, and not those emergency authorities created by the crisis experienced by the system or those created by the remnants after the dramatic fall of their regime, and Astmriha some new leaders and their parties in order to fully impose their control over the state and society. Reproduction of wheel rotation again: Budget crisis, also termed, which prompted everyone to think about diversifying the sources of income for the state, but this task is not simple and it needs to studies and properly diagnose multiple diseases that imposes itself an objective reality Strong Point to grips with the economy and then politics and even security. Therefore, it is necessary to diagnose these diseases and treatment of hitting several birds with one stone, which recycle the wheel of production in various sectors, which in turn is going to be a reason for the formation of a new references subsidized system of new and necessary laws to create a new situation, and finally will be the reason for the better management of public money a professional in the hands of an expert and experienced. Let's take the public debt crisis and economic recession in the United States as an example, a crisis that is very close to the memory of everyone. This crisis has had many faces multiple processors, I'll have only one of them, which is that the US government has invested amounts are not considerable ability for the US economy to expand small and medium industries of manufacturing industries, and had a significant impact out of the crisis because the results of a quick and employs a large number of unemployed labor and financial effect involves very fast, and this is what has already been achieved, and exited the largest country in the world from tyranny. Iraq can go in this direction, which is the employment of funds for the establishment of small and very small businesses, agricultural, industrial, tourism and other service variety, to be possessed for workers after retrieval cost developed, that the share of the state for a limited period of rest in order to establish methods of good governance and to ensure the right of the state tax . Projects of this kind may not cost her more than a few tens or hundreds of thousands of dollars added to the cost of the land, some of which can Asardad development costs during the period may not exceed two years. The goal of ownership, is to create a state of care when working on the project, and to ensure sure to fight corruption, which in turn can be a good start to the fight against corruption in all aspects of the state, and contributes Bensae private sector scalable through the creation of a multi-disciplinary development funds managed by state banks can banks the private sector to contribute to the well, as well as the possibility of applying this approach by the state easily as it can be expanded broadly whether achieved Nagahalt required of him. As noted above, the activation of this we need to sovereign funds managed by the state to work on the development of various economic sectors employ a sufficient funds in Allawly stages, but later will depend on the revenues will be expanded to cover the large enterprise needs and on the same basis, unless it is reinforced more money for more expansion of their projects, her specialty of oil revenues, though the state has begun this Alslob since the first day, when we had the unemployed nor unilateral economy does not decline relations of production and changed Baldilrorh references to individual and collective references civilized fit with the civil state, not a country without Features As is the case in Iraq now. These sovereign funds will have a significant impact on the diversification of the economy, will be established new necessities have a significant impact legislation and restore the rule of law because these new relations of production will be desperately needed to guarantee its survival and continuity, they need a new and adequate laws and amending other laws, and the need to create unions The unions Vaah free and non-specific to the Ministry as is the case now, and so will be needed for each guarantee survive this type of production, which is also found in the context of a particular sector or a joint arises arms of the state and indivisible to be free to support the country's economy diversity of products. This style work will restore the account of the Iraqi competencies in various fields, and we may find ourselves in need of more professionals for the actual work, not rehabilitation and throwing them in the street to get lost as lost billions and lost security safety has wasted the whole country if the situation continues as Hee it now. (*) An Iraqi oil expert Sabah newspaper, 04.03.2015 http://iraqieconomists.net/ar/2015/03/06/%D8%AD%D9%85%D8%B2%D8%A9-%D8%A7%D9%84%D8%AC%D9%88%D8%A7%D9%87%D8%B1%D9%8A-%D8%B1%D8%A8-%D8%B6%D8%A7%D8%B1%D8%A9-%D9%86%D8%A7%D9%81%D8%B9%D8%A9-%D8%B1%D8%A4%D9%8A%D8%A7-%D9%85%D8%AA%D9%88%D8%A7/

Zebari discuss with al-Araji, facilitate the implementation of investment projects150 Show March 5, 2015 15:44 (Independent) .. Search Finance Minister Hoshyar Zebari, on Thursday evening, with the head of the National Investment Commission Sami al-Araji, and a number of stakeholders in the body to ensure roads to facilitate and accelerate the implementation of investment projects in Baghdad and other provinces measures. The meeting, in particular with regard to the legal aspects and the form in which it contributes to accelerate the development process in Iraq and encourage investment. (End) http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.mustaqila.com/news/153311.html&usg=ALkJrhhy5SNkoJlPx2_lDUyNUUV5DjNPOw FROM THE MINISTRY OF FINANCE SITE: Finance Minister held a meeting with the President of the National Authority for Investment Thursday 5 March 2015 ​ Chaired by Finance Minister Hoshyar Zebari evening March 5, 2015, meeting with Dr. Sami al-Araji, head of the National Investment Commission and a number of stakeholders in the body, in the presence of Director General of Real Estate State Director General of the Legal Department of the Ministry of Finance .ogery during trading meeting to facilitate and speed up the procedures for roads implementation of investment projects in Baghdad and other provinces, particularly with regard to the legal aspects and the form in which it contributes to accelerate the development process in Iraq and encourage investment. http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=189

Abdul-Mahdi calls to approve oil and gas law, stressing strive to achieve a true partnership with the provinces61 Show March 7, 2015 18:05 (Independent) ... called on the Iraqi Oil Minister Adel Abdul-Mahdi to approve oil and gas law, as he emphasized that the ministry is seeking to achieve a true partnership with the provincial councils in the oil trading and contracting with companies. Adel Abdul-Mahdi said in a statement on the sidelines of the second conference to discuss mutual powers between the federal government and local governments in the oil and gas management under the slogan (Hrakh- responsibility - the completion of) Basra Governorate in the presence of heads of provincial councils and governors that "the conferees discussed the commandments of several important things pertaining to the oil sector Mcetkji What started in the first conference, "stressing the need to" approve oil and gas law. " Abdul-Mahdi said that "the conference underlines the importance of the principle of true partnership between the provincial councils and the Ministry of Oil in oil trading and contracting with companies." Abdul-Mahdi, and pointed out that "the ministry is seeking to achieve a true partnership between the provincial council and the ministry itself," adding that "the workshop stressed the things that pertain to the oil extracted and how the direct supervision by the local government in partnership with the Ministry of Oil." (END) http://www.mustaqila.com/news/153415.html

Iraq announces the use of sophisticated technology to users of smart card 3/7/15 Independent) .. Rafidain Bank confirmed the use of advanced banking technology for users of smart card in its branches inside and outside Iraq. The general director of the bank on behalf of Kamal al-Hassani said in a statement to his press office that the bank branches throughout Iraq provided full services for users of smart card issuing or withdrawn and the various categories. Stressing that the beneficiaries of the card in the Gulf Arab states would be the first step and can beneficiary receiving salaries from there. He pointed out that the bank went quick and advanced towards the use of banking technology that steps can help and contribute to building the capacity of its staff to reflect positively on its customers. (End) http://www.mustaqila.com/news/153386.html

The Central Bank appealed with a paragraph in the budget law and describes them as "dangerous alien" Author: HH, MK Editor: AB, HH 2015/03/07 17: 06 Hits: 365 Range press/Baghdad The Governor of the Central Bank of Iraq on Al-allaq, on Saturday, on an appeal to the Government in paragraph 50 of the budget law for the year 2015, which obliges him to sell $ 75 million a day, and the paragraph "description of alien and dangerous" being subject to the directions of the Government's Central Bank, said that the paragraph did not explain in the first and second readings and "squeezed" at the last minute, this is expected to be resolved in favour of the Central Bank. He said the relationship seminar would Institute for development policy and attended, (long press), "the Central Bank filed an appeal to the Federal Court in paragraph 50 of the financial budget for the year 2015, which is determined by the sale of $ 75 million a day, stating that" the Central Bank independent and should not be determined by sales of the dollar. " Describe the relationship of this paragraph to "alien not described in the first and second readings and squeezed in a last-minute budget law", pointing out that "the powers of the budget law policy and mean that the Central Bank is under direction of the Government and it is dangerous." And the Governor of the Central Bank, predicted that "this is resolved for the benefit of the Central Bank," he said, adding that "the quantities sold during one year is estimated at 18 billion dollars, and is approximately 22 trillion Iraqi dinars if the application of paragraph 50, so we need approximately 80 trillion as budget more than 100 trillion". He continued the relationship, that "these figures show we sell large amounts of dollars at an auction of Central Bank to cover import", stating that "2011 saw revenue of USD $ 71 billion and sold to cover required by banks and customers and remittance companies 56 billion dollars, or 78% of revenue was taken out". The relationship, said that "2012 saw revenue of $ 82 billion dollars and import volume was amounted to $ 69 billion and it accounted for 83.4%, while in 2013, revenue of $ 91 billion and imports $ 69 billion, which accounted for 76.3%, in 2014, the total revenue was 75 billion dollars and import 65 billion dollars, which is 87%", stressing that "these figures demonstrate the pressure on the Central Bank and the country's reserves". The balancing act this year, committed the CBI, in its paragraph 50, select sales of hard currency (the dollar) at auction the daily ceiling of no more than 75 million dinars, with fairness in the sale, and claim the Bank participating in the auction to submit documents introducing the goods and the tax accounting data and saving alkmarki within 30 days from the date of purchase for a refund, and apply the penalties provided for in law or the instructions issued by the Central Bank and other banking tools to maintain the strength of the dinar against the dollar. The Central Bank of Iraq, announced (February 1, 2015, current), take five resolutions for the "support" and the Iraqi economy, saying its coverage of banks outside of "US dollars" to cover imports, while the importance of "accelerating" deposit guarantee Act legislation, praised the formation of a Committee to review the structure of the benefits of its approval by the Central Bank to cover overseas banks accounts in US dollars to cover imports customers and other purposes without needing a password window selling the currency in the Bank The Central ". The Central Bank announced during the month of February 2015, to take the necessary measures to support liquidity in the banking system, and decided to make it easier to sell foreign currency to maintain the exchange rate. " The Central Bank of Iraq, declared in (18 January 2015) that Iraq's financial reserve equivalent to one and a half times the mass of cash, returned as "the best" in the world, with the Iraqi financial institutions unable to cover the deficit, he stressed the need to review the structure of the budget, expenditure and income diversification and greater investment to address the decline in oil prices. The Iraqi Parliament on Thursday approved, (29 January last), the financial budget for the year 2015, the $ 119 trillion dinars, equivalent to 117 billion dollars, with a deficit of about 25 trillion dinars, or nearly $ 23 billion, and calculate the price of a barrel of oil on the basis of 56 dollars a barrel, while the head of the Council, Salim al-Jabouri, it's the first time adoption of the budget for the first month of the year, returned to this "achievement" to the credit of Parliament. ONE OF THE REASONS (AND PRIMARY) THE GOI WANTED TO CAP THE AUCTIONS TO 75M IS TO BE ABLE TO MONITOR ILLEGAL MONEY PRACTICES, ESP RE LAUNDERING/COUNTERFEITING AND TERRORIST ACTIVITIES (RE USE OF DINAR). IT SEEMS THE CBI AND THE GOI ARE WORKING TOGETHER TO DEVELOP PRACTICES WHICH ENSURE THE CONTINUANCE OF THIS, ALONG WITH TRYING TO ADDRESS THE (OBVIOUS) BACKLASH BY THE PEOPLE WHO GREATLY DEAL WITH DOLLARS. I'M GLAD THIS IS GETTING ADDRESSED...MAYBE WE'LL GET OUR LAW OF INDEBTEDNESS DEALT WITH TOO...THE LAW OF INDEBTEDNESS (IN PART) PROVIDES LEGISLATION ADJUSTING TO ALL OFFICIAL (GOI/CBI ACCOUNTS) FIGURES PERTAINING TO ACCOUNTING AND FINANCIAL RECORDS OF THE GOVT & CBI (SO RECORDS WITH LOTS OF ZEROES - DUE TO CURRENT CURRENCY DENOMINATIONS (ZEROES) CAN LEGALLY BE "CORRECTED" TO REFLECT ANY NEW CURRENCY- BUTI AND I BOTH THINK THERE MAY BE A STRONG POSSIBILITY THAT THEY'RE GOING TO NEED TO ADDRESS SOME LAWS - AS WELL AS ENACTING THE LAW OF INDEBTEDNESS RIGHT BEFORE (WHICH WOULD BE A HUGE "TELL" - SO THEY WON'T ANNOUNCE IT PROBABLY) - OR SIMULTANEOUSLY WHEN THE CURRENCY CHANGES. PLEASE SEE THIS CONNECTING POST BY YOTA 06/03/2015 (20:28) - the number of readings: 132 - number (3305) Parliamentary Finance: The government would appeal in the "central" sales restrictions likely BAGHDAD / Wael grace Finance Committee in the House of Representatives suggesting that the government is moving to challenge substance identified in the budget ceiling of the central bank from the sale of certain foreign currency, which is one of the main modifications within (17 articles) introduced by the Parliament during the sessions saw the adoption of the budget law in the month of January last. It also defends adjusted to that paragraph says it guarantees not to waste money, a spokeswoman for the big money has been "bleached" in the past years. This comes at a time criticizing an economist intercalation "paragraph central bank" within the budget law, and considers it one of the reasons for the instability of (dollar) in the exchange rate in recent times, suggesting that citizens in panic due to the fluctuation of exchange rates, and the recent financial impact will continue for several years. The Cabinet decided Tuesday to authorize boss Haider Abadi right to challenge some of the provisions and articles contained in the federal budget for the current 2015 law, and to present its provisions and materials contested on the committee of the crisis. He says the Finance Committee member Massoud Rustam "long" that " Parliament has not yet received a formal letter of appeal government paragraphs budget ", but it is likely that it probably would appeal to Article own set daily sales of the Central Bank of the dollar 75 million dollars a day, based on" an earlier objection issued by some parties of the government, which has refused to this article. " and defends Rustam for Add parliament that paragraph, saying "We have information we will ensure them, the existence of cases of corruption and money laundering of money - refused mentioned Balthdid- contributed by the central bank sales over the past ten years." He said Rustam said that "the information is pushed Parliament and Commission Finance to restrict Central sales of the dollar for fear of wasting money. " Parliament has been added and amended about 17 items in the budget law, notably Article 50, which states that "adhere to the Central Bank determines sales of foreign currency (dollar) in daily auction ceiling not to exceed 75 million dollars a day with exercise justice in the sales process. " And other materials related to reducing the number of cars of the three presidencies to five cars and the allocation of three cars each minister, and pressure Alaivadat Foreign Posts 50%, and compel the Ministry of Finance and ministries all under salaries and employee benefits exchange in the provinces in the hot spots, and install the contract-holders in the ministries who have three service years and older in the budget of 2015 and the creation of the reconstruction of areas devastated by the terror Fund, and the allocation of two dollars for each province producing oil, and two dollars for refining every barrel of oil. But Aziz Hassoun, who is an expert in banking affairs and the economy, criticizing Article 50 of the budget in 2015, he says, for " term "that" these extraneous material on the budget and is not related to the law of state funds and the doors of department spending. " He adds that the Goldfinch "determine the central bank sales in its daily auction from the sale of the dollar contributed to the Tzbb currency rates." As "The instability of the dollar was due to panic Iraqis from news of government scarcity of liquidity, prompting everyone to turn on the switch of the national currency to the dollar." He says Hassoun that "the government is the source of pumping money into the market, while scarce liquidity of the government, the banks have to non-fulfillment obligations of borrowers who provide services to the government (equipped and contractors) and delivery of other customers for their money. " He adds Hassoun that "last year closed the banks on a wide range of obstructed loans that have not paid, and I tried this year, the allocation of funds to cover the deficit through earnings, so bogged down economic cycle and began to banks facing mounting customer requests money after some banks have restricted the launch of the money deposited with it. " Criticizes Goldfinch Central Bank, which says that he "has tools to decode distress banks, through monetization of assets, Verhn bank bonds and turn it into money," stressing that "the central bank has a large stock of money, because Aovernmh- experiencing a crisis in Alsjulh- not have dollars to give it to Central to turn him into a dinars. " and other solutions, says banking expert that "banks achieved a surplus of money at the end of each working day, the international banks are not taken to be stored, but converted to other banks in the case of cooperation between banks to achieve liquidity to meet the demands of customers, but this is not is in Iraq. " In contrast, the effects are likely Goldfinch current financial crisis will continue for years because of poor economic planning and Tdharbh, and "dispel" more than 75% of the income earned in an operating budget. It also says that consumer behavior during this phase change and comply with the sale and purchase transactions. Read more: http://dinarvets.com/forums/index.php?/topic/198500-parliamentary-finance-the-government-would-appeal-in-the-central-sales-restrictions-likely/#ixzz3TjDGr6dJ Economic attributed the strengthening of the dollar to dinar to the scarcity of supply weziardh demand 07/03/2015 11: 09 | Hits: 2386 Font size: Decrease font Enlarge font Economic attributed the strengthening of the dollar to dinar to the scarcity of supply weziardh demand Baghdad/source news/.. Competent in regard attributed economic maytham winfred, Saturday, the reasons for the high exchange rate of the dollar against the Iraqi dinar to the dollar supply scarcity weziardh demand in the local market. Winfred said told his disciple source news agency, that "the rise in the dollar is the difference between the official rate of Exchange, which is sold by the Central Bank as the currency auction, and its price in the market, or the so-called parallel market rate, which is normal due to the scarcity of supply of the dollar after the specified by the Government by $ 75 million, according to general budget 2015, although the Central Bank sell more than that number daily." He noted that "the dollar shortages caused by a gap between supply and demand on the dollar by dealers and the public, traders, importers and led to its rise to that level." Winfred stressed academic Mustansiriyah University, to "address the high dollar, dinar lies through the Central Bank to change the auction mechanism, by abandoning the cheap dollar policy and the devaluation of the dinar gradually so as to reflect its true value, so that the budget will benefit from it and will give the Central Bank more dollars. Despite the prospect of higher commodity prices, but the cost should be shared by society with Government. "-end o http://l-news.net/index.php/economy/73138.html QUOTE FROM THE ABOVE ARTICLE "But Aziz Hassoun, who is an expert in banking affairs and the economy, criticizing Article 50 of the budget in 2015, he says, for " term "that" these extraneous material on the budget and is not related to the law of state funds and the doors of department spending. " He adds that the Goldfinch "determine the central bank sales in its daily auction from the sale of the dollar contributed to the Tzbb currency rates." As "The instability of the dollar was due to panic Iraqis from news of government scarcity of liquidity, prompting everyone to turn on the switch of the national currency to the dollar." He says Hassoun that "the government is the source of pumping money into the market, while scarce liquidity of the government, the banks have to non-fulfillment obligations of borrowers who provide services to the government (equipped and contractors) and delivery of other customers for their money. " Parliamentary Commission of Economy call for amending the Banking Act to bring in investments 3/7/15 BAGHDAD / Sky Press / .. called for economic and investment commission parliamentary Saturday, to the need to amend the Banking Act Brochure bring local and foreign investment to promote economic reality of the country. A member of the committee MP Najiba Najib's / Sky Press /: that the federal government is required to amend the Banking Act, the new format brings local investments and enhance the entry of global investment firms, particularly that Iraq today is undergoing an economic crisis after the fall in world oil prices. She added, must work to increase the financial non-oil revenues in the federal budget and reduce dependence on oil revenues, and transform the Iraqi economy to yield a diverse revenue. / http://www.skypressiq.net/main/ct-menu-item-13/3445-2015-03-07-07-49-24.html THIS IS FROM TLM724 - THANK YOU SO MUCH! [tlm724] that the federal government is required to amend the Banking Act, the new format brings local investments and enhance the entry of global investment firms [tlm724] remember what we read earlier the banking law is with the deposit law, coming right up ! [tlm724] enhance the entry of global investment firms. According to the US Securities and Exchange Commission an investment firm is defined as : Generally, an "investment company" is a company (corporation, business trust, partnership, or limited liability company) that issues securities and is primarily engaged in the business of investing in securities. An investment company invests the money it receives from investors on a collective basis, and each investor shares in the profits and losses in proportion to the investor's interest in the investment company. The performance of the investment company will be based on (but it won't be identical to) the performance of the securities and other assets that the investment company owns. http://www.sec.gov/answers/mfinvco.htm

Parliamentary Integrity open the files of corruption in Baghdad wide 3/7/2015 Baghdad-Iraq Press -7 March / March: Parliamentary committee revealed Integrity, Saturday, open for corrupted files relating to transactions armament and the Ministry of Health and the Municipality of Baghdad and the province of Baghdad. He said the Commission's decision Juma Bahadli, "The committee files are opened marred by corruption in the Ministry of Health, as there are two hospitals in the city of Medicine in Baghdad Mhalan implementation 11 years ago, and the land purchased and paid without the ministry lays the foundations for the two" no striking that "the Committee opened armament deals concluded by the Iraqi governments since 2003 files tainted distrust and suspicion of financial corruption. " He Bahadli "The Commission also opened the Baghdad Municipality file, including the issue of the Army Canal project and the issue of the rehabilitation of the road to Baghdad International Airport and the Great Rusafa water project, as well as linked to the Council the Baghdad Provincial files, including that of former Governor Salah Abdul Razzaq." He continued, "It Rapporteur of the Integrity Committee and chairman of the subcommittee concerned with the files of the Municipality and the province of Baghdad, has decades marred by a lot of doubt and disbursement of funds and the processing of the governorate building," not striking that "the reports of the Audit Court pointed out that the existence of administrative errors in the former governor Salah Abdul period Razzaq. "He guessed Bahadli that these files are referred to the judiciary, said that "the inspectors general in the ministries and promised to provide the main input files in the circle of corruption in two or three months from now." It is said that Iraq was ranked 170 internationally and 16 Arab Center in Corruption Perceptions Index for 2014 issued by the organization Transparency Atیh.anthy (1) http://www.iraqpressagency.com/ar/2015/03/07/النزاهة-النيابية-تفتح-ملفات-الفساد-في/

Oil define the first Saturday of each individual month of the date of the meeting with the oil-producing provinces Saturday, 7 March 2015 Alsumaria News / Basra Select Oil Minister Adel Abdul-Mahdi , the Sabbath, "the first Saturday of each month individually," a date for a meeting with the oil-producing provinces, among the place of the meeting will be held in the provinces respectively after held in Basra. , said Abdul-Mahdi, in a speech during the deliberative meeting to discuss exchanged between the federal and local governments in the oil and gas management powers in the presence of governors and heads of oil-producing provinces councils, held in the province of Basra , and attended by Alsumaria News , "We have agreed previously that we meet every two months as the date for the meeting with the oil-producing provinces," explaining that "we decided to have the meeting Next in every single month which means that he will be in the month of May next. " Abdul-Mahdi said that "the meeting will be on the first Saturday of each individual month," noting that "we will hold a meeting in the provinces successively after that we started in Basra." The contract's Oil Minister Adel Abdul-Mahdi , this morning (March 7, 2015), deliberative meeting with governors and the heads of provincial councils and members of the Commission on oil and energy, in the province of Basra, to discuss mutual powers between the federal and local oil and gas management governments. http://www.alsumaria.tv/news/127002/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%AA%D8%AD%D8%AF%D8%AF-%D8%A7%D9%88%D9%84-%D8%B3%D8%A8%D8%AA-%D9%85%D9%86-%D9%83%D9%84-%D8%B4%D9%87%D8%B1-%D9%81%D8%B1%D8%AF%D9%8A-%D9%85%D9%88%D8%B9%D8%AF%D8%A7/ar

Claim on Iraqi TV by PMU commander that daesh asked via intermediaries for a 36 hour window to withdraw from Iraq https://pbs.twimg.com/media/B_bW0IgWcAE43SW.jpg:large https://twitter.com/SajadJiyad IF YOU GO TO THIS TWITTER LINK, YOU'LL SEE A PRINT SCREEN OF THIS ANNOUNCEMENT ON IRAQI TV DV WON'T LET ME UPLOAD THE PHOTO Iraq calls for the Security Council to issue new decisions to stop the violations of the right to Daash effects [audio]Saturday 0.07 March / March 2015 14:03 [baghdad-where] The Ministry and the Iraqi Ministry of Tourism and Antiquities, the UN Security Council to issue new decisions to stop the violations of the right to Daash gangs effects. A spokesman for the Sudanese Ministry Qasim told all of Iraq [where] that "the ministry issued a statement earlier in which the UN Security Council called for the need to hold an emergency session to issue a stronger and more committed to the decisions of the rally world opinion to protect Iraqi antiquities." "The Security Council Resolution 2199 is a positive decision and expressed satisfaction with the Ministry of Tourism and the like, but we are looking forward to the publication of numerous other decisions that protect Iraqi antiquities of violations Daash terrorist gangs". The Ministry of Tourism and Antiquities, yesterday revealed the feet of gangs Daash on leveling Nimrod city and razed by heavy military vehicles, "calling for" the UN Security Council to speed up the convening of an emergency session and activation of its previous relevant resolutions and the need to put an end to this tragic situation, which passes by the civilized world and stand with us against the enemies of civilization and humanity ". For its part, promised Culture and Arts Organization of the United Nations, UNESCO, Nimrod destruction triggered a war crime "can not remain silent about it." This incident comes days after the terrorist Daash gangs in the 26 of February to publish a video showing its smashed statues and the effects of post-dating back to thousands of years in the Mosul Museum, users Matarqat machines hole electrical and by members Daash throwing statues down and destroy, as they used electric drilling machine to distort the huge statue of an Assyrian winged bull, Nergal is located at the gateway of the city dates back to the ninth century BC. The UN Security Council voted in 12 of last February unanimously under Chapter VII of the resolution 2199, which provided for drying the sources of terrorist financing and tighten under the control of terrorists and trapping regulations Daash financing sources and the victory areas. It also includes the above decision, drafted by Russia to prevent the oil-Syrian and Iraqi effects of trafficking with terrorist organizations, as well as it strengthens the prohibition on the sources of funds received by terrorist organizations, including the payment of ransoms to prevent those organizations .anthy 2

The Guardian: US general confirms Iraqi forces will force Daash out of TikritSaturday 0.07 March / March 2015 16:02 [Follow-up where] British newspaper The Guardian published today a report about military operations in Salah ad Din province. That said, chairman of the Joint Chiefs of Staff Gen. Martin Dempsey, said that the Iraqi forces and the popular crowd will be forced to organize "Daash" terrorist out in the battle, which revolves around Tikrit. According to news from the Guardian Dempsey said on the plane en route to Iraq that "terrorists will be expelled from Tikrit," he said, adding that "the overwhelming numbers with the acquisition of the fighting momentum in the country." Dempsey said that "23 thousand fighters from the Iraqi forces and the popular crowd taking part in the attack, compared to the number of only hundreds of terrorists," he said, adding that "the attack is not military tactics that can be seen in the type of books." Dempsey described the attack as "a mixture of columns he wheels Humvees, trucks and other vehicles hurtling toward Tikrit," pointing out that "not a military maneuver sophisticated." He said, "It is important in the military operation on Tikrit how goes the military side, the most important is what followed," stressing "We must Most of Tikrit residents return to their homes and that the government intervene in Baghdad in reconstruction and humanitarian aid operation." He stressed that "if that happens, we are in a good position and if it does not happen, there are problems in the future," explaining that "the main task of the leaders of Iraq are balancing the Iranian role with Iraq's partnership with the United States and other members of the coalition, and that the only party that can offset that is the Iraqi prime minister , so we want to get his point of view on how they strive to achieve that balance. Finished " www.alliraqnews.com/2011-04-18-02-57-37/170259-2015-03-07-13-02-51.html&usg=ALkJrhiwTLLuwZNqjUil4wbK_iFk-5mEXQ

Oil Minister is the experience of the central government to "failed experiment" and contested provincial budget [Expanded]Saturday 0.07 March / March 2015 16:28 [basra-where] Counting Oil Minister Adel Abdul Mahdi, the experience of the central government to "failed experiment" announced in the provincial stabbed one of the financial budget for 2015 articles of the law. " The oil minister said during a press conference held today with the heads of councils and governors after a deliberative meeting on the transfer of powers to the provinces was held in Basra was attended by Agency correspondent in all of Iraq [where] "We are believers, as well as the new system believer that local governments significant fact and not a small or a subsidiary is the basis of part in the political and administrative system in Iraq and must Nralla and we give powers not Ntekz the mistakes practiced in the ministries and Ntekz the mistakes of the experience is still emerging but promising but is carrying the future of Iraq and without local government experience and taken the necessary powers. " "I do not think there is a future for Development and Reconstruction and the correct administration in Iraq or a successful democracy in Iraq without a role for these governments and return to the central thinking and taking the central government for all the powers is the repetition of a failed experiment push Iraq and still paid for the day." He noted Abdul-Mahdi "is still in our ranks who believe that the central abhorrent as possible to keep the system prevailing in the installation and organize things in our country, and we believe that we have entered into the stage of decentralization and federalism must be denied the full right." The Minister of Oil, "We still believe that the province of Kirkuk, a disputed area and ask the Kurdistan region should be put the locomotive on the track form properly and as we have said repeatedly we've accomplished goodwill stage in the oil agreement and accomplish far stage agreement on the budget and we have to get into the extensive research on the full operation in the province fields or on exports and production. " And the oil and gas law, Abdul-Mahdi, "We pointed out today in the Chancellery of the Council of Ministers there draft oil law, which must arrange everything and trying to get things back to normal after the long years of the differences that produced a lot of things is natural and when the situation is normal secrete abnormal condition of all parties and not unilaterally. " "We have come a long way in this direction and we have to complete the course in order to achieve full completion rearrange the conditions of the oil sector in Iraq, all under the argument that the oil and gas belongs to the Iraqi people in all its regions and provinces." The oil minister said, "when it did not approve oil and gas law, and when there is no legislative framework full, there will be different interpretations Valmadtan 111 and 112 of the Constitution require rationing and the law as prescribed by the Constitution and when we're late and still be late provinces are interpreted and the Ministry of Oil explain and experts interpret and media explains the issue also accompany laws affect the subject and interference in the crucifixion as the law of the provinces in the distribution of quotas and percentages and all these make the picture is still confused. " He stressed Abdul-Mahdi, "the need to return all of these topics to clear tires and all these instructions and regulations and laws are in one philosophy and terms of reference of one in order to be consistent, because the absence of oil and gas law, leaving the subject to various interpretations and not oil minister to say what is the provincial and regional powers, but the House of Representatives is the answer. " He also said, "There must be a law of oil and gas is the answer and determines powers of the regions and provinces, and articles of the Constitution No. 111 and 112, two special distribution of the natural resources of the two texts are clear in this matter and the law should come and Iguennha in the right shape, which is possible to actually put contexts process in order to regulates this issue organized and clear so that each party understands the duties and rights. " FROM THE CONSTITUTION: Article (111): Oil and gas is the property of all the Iraqi people in all regions and provinces. Article (112): First: The federal government will administer oil and gas extracted from current fields with the governments of producing regions and provinces, on condition that the revenues will be distributed in a fair proportion to the population distribution across the country, with a quota specified period for the damaged regions that were deprived in an unfair way by the system Previously, damaged after that, so as to ensure balanced development in different parts of the country, and is regulated by law. Second: The federal government and the governments of producing regions and provinces together will draw up the necessary to develop oil and gas wealth of strategic policies, so as to achieve the highest benefit to the Iraqi people, supported the latest techniques of market principles and encouraging investment. And do Daash guerrilla terrorist burning oil wells in Salahuddin province, after the expulsion of the liberated areas, said Minister of Oil "in the Hamrin fields in Ajil do not know the extent of the damage and was supposed to go today with a delegation from the North Oil Company to assess the issue and left it to lead operations in the region to provide the necessary protection and transport required to get into these wells to assess the damage and then attempt to extinguish the fire Fdaash has been vandalism in everything. " He added that "This is a signal that Daash down clearly and decisively because the burning wells was referring to losing them. When Peggy surrounded to seize the liquidator need Daash to raw materials and derivatives then your burning wells, as happened in the baker in the province of Kirkuk is an act of sabotage as the former regime in Kuwait Action It is the work of a desperate and the death of the project Daash in these areas and burned wells, but what they want to use as fuel for the wheels or use derivatives to meet the requirements of the population in areas run by. " And Abdul-Mahdi, that he "discussed during today's meeting with the provinces and the heads of provincial councils on the need to involve the provincial decision and also its role in supporting and protecting the installations under its occasional violations and attacks costing huge amounts of very detrimental to the public money." He continued, "We also discussed the taboo and the possibility of dealing with it in order not to turn into a project to Lands Port new desert no life nor the population which can be with FPS also introducing some of the powers and adjustments to deal with this problem as well as we discussed in the distribution of oil derivatives, gas stations, oil refineries and other issues." He pointed out that "the practice of rotating meetings Snjolha traditional In the next two months we will continue to hold these meetings to follow up on what has been achieved today and new perceptions of what should be achieved through the future." Asked for the establishment of an oil company of Dhi Qar, said Oil Minister Adel Abdul-Mahdi, "the founding resolution came after a thorough study of the South Oil Company and the Ministry of Oil and body of opinion which participated and when approved came after a study of the experience of the founding of Maysan Oil Company, which was a successful experience and we believe that the oil company Dhi Qar will be successful and able to promote their own company and we will continue this path for events and other areas as long as there Rushd and feasibility in these things. " He noted, "We do not want to establish companies to form or are said to be in Fulani provinces have the oil companies and the company is successful and largely lost and become a burden to itself and to its members and the State, as in a lot of companies today from the government and self-funded, which has become a burden on public funds ". Abdul-Mahdi, "the licensing contracts promised an important step and made ​​Iraqi production forward but has produced some of the hurdles and obstacles and, inter alia, the relationship of local governments in these contracts and are now trying to adapt this issue because the contract today between the ministry and companies and foreign companies and if they wanted to bring a third party needs to be consensus and agreements to give the appropriate role for local governments in it. " For his part, the governor of Basra Majed Nasraoui during a press conference that "the oil and gas law is one of the sets of powers between the regular provincial province and non-performing province in the oil wealth management and we Pedrona local as governments demanded to activate the provincial Law No. 21 Revised 2008 which gave powers However, unfortunately stopped manner illegal by the Council of Ministers and still Tanin it. " "We Pedrona local as governments in the province of Basra, both the legislative and executive continue to work as a provincial law in force on the grounds that the law can not reply decision." He stressed that "local governments in the provinces with the exception of the Kurdistan region since we received responsibilities in the fourth quarter of 2013. We have prepared preparing to project plans, but we were surprised by a big disaster in Iraq that to not be there for the 2014 budget and the lack of budget means there is no assignment of any project to Voukana big problem and Belkana implementation Aadzean in the management of existing projects. " He Nasraoui "As we prepared the plan in 2014 based on the books of the Ministry of Planning that we contract for example, in the province of Basra, there was a Petro of $ 5 per barrel project and actually getting to the stages of the referral, but we are surprised Bmnana of five petrodollar to one dollar in addition to the even money retained allocated for projects and this in dangerous precedent through which Iraq despite the financial allocation for projects in Basra worth 4 trillion and 93 billion dinars, and these projects dedicated inevitably and is certified in the finance and planning ministries, but has not returned to the province. " He pointed out that "With these simple possibilities there needs to be a thorough study in how the skinny important and strategic projects and focused on vital projects for the province." For his part, the governor of Najaf, Adnan Zurfi "The meeting with the oil minister was fruitful and positive, and we discussed with him two major first was the transfer of powers and there are terms of reference for the oil ministry possible that granted to the provinces, especially for service projects implemented by the Ministry within the provinces and there was a response from the Minister of Oil, this transfer We also discussed the powers and strengthen the relationship between local governments and the Ministry of Oil in respect of investment projects related to the oil sector. " He stressed, "We have asked the oil minister, the establishment of the Middle Euphrates oil company as the existence of a joint oil fields between the provinces of this region and this company will enhance the ability of these provinces and makes them unchanged if oil-producing provinces." For his part, praised the head of the Karbala Provincial Council Nassif Jassem rhetorical meeting between the oil ministry and local governments. The rhetorical "This is a positive step for the oil ministry and today we had a second workshop between local governments and the federal government represented by the Ministry of oil which is an advanced step in the joint action and the move has moved from principle to work and say directly with local governments." He noted, "We and the city of Basra, which is funded to balance Iraq emphasize once again to activate the transfer of powers, the Ministry of oil locked it, but we insist on the transfer of powers to local governments, which will lie in the provinces to get the service." He rhetorical "regret for the Law of the federal budget where figured there substance Sentan in all of them in the provincial councils which identified and restricted the provincial and local governments boards of both the fulfillment of duties or to maximize local resources and can not be under this budget or any other budget can offer services and there is a limitation on maximizing local resources. " He said "We will appeal jointly to the provinces in Article 17 of the budget directly identified by local governments and prevented from maximizing local resources and we are fully prepared to cooperate and work formula and mechanism of the joint working group," noting that "the meeting touched on the issue of protecting oil Almhnat We are interested in them as governments local with the oil ministry and the security agencies do not allow anyone, never to exceed these facilities, ".anthy FROM THE OCR TRANSLATION OF THE BUDGET: ARTICLE 17 Article 17-the Federal Finance Minister to increase the appropriations necessary to cover the ratifiers and commissioned the National Center asaeh and the national laboratories for the engineering of the Ministry of construction and the limits of 0 0%) Of income from those businesses were exempted by section 1 of the Financial Administration Act, no. 5 of 9 for 2004 and on the amounts of development centres and young cadres and administrative support within the grant accounts and categories of grants and debt service charges and alakherii Read more: http://dinarvets.com/forums/index.php?/topic/197984-ocr-rough-translation-of-the-budget-2015/#ixzz3Tj0iSahP