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Frangipani

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Everything posted by Frangipani

  1. ive not seen rial on sale with any bank - i contacted chase and wells fargo as well as my local airport and travelex..they are not offering it.
  2. jaygo - ##### is about backing up their take on the news with the links to the actual and often times official press releases, so if you would like, you may go to that site and participate in the chat room to get information first hand or poke around in the forum where they post breakdown's on official press releases and articles and how they relate to laws etc. **** We do not spam our links on other boards – do not mention other dinar sites here. Only post links to LEGITIMATE NEWS SOURCES. ***** Read more: http://dinarvets.com/forums/index.php?/topic/1114-updated-11232010-dinarvetscom-forum-rules/#ixzz3gwsr5Dum
  3. Butifldrm Member Members 7,573 posts LocationTexas Posted 11 August 2014 - 05:09 PM Iraq has the ability to use their Visas, Mastercards, Qi cards in country. This article describes the ability of the Iraqi Banking system. Iraq Banking A History of Iraq BankingHistorically, banks were owned by the state before Saddam Hussein allowed private banks in Iraq during the late 1990’s (Al Sayegh, 2011, para. 12). Currently, 96% of Iraq’s banking assets are managed by state-owned banks according to the U.S. Department of State (2013). The first Iraq bank was established in 1941, called the Rafidain Bank. This was a state-owned bank controlled by the Iraqi federal government. For over fifty years, Iraqi people did not bank with anything else – there were no private or foreign financial institutions allowed. Rafidain Bank presently has numerous branches over Iraq, extending to countries such as Egypt, UAE, Yemen, Jordan and the UK. In 1988, certain Rafidain Bank branches were re-branded, re-named and madeover by the federal government. This new brand of banks was called Rasheed. The same federal laws applied for both banks. Iraq Banking: Private BanksWhen the Gulf War ended in 1991, the Iraqi government finally allowed private banks to begin business. The first two private banks were established by two of the richest families in Iraq: The Buniyah family started the Iraqi Investment Bank; the al-Hafidh family started The Middle Eastern Bank. Currently, 96% of Iraq’s banking assets are managed by state-owned banks according to the U.S. Department of State (2013). Both banking models challenge Iraq business growth. Iraq Banking: Inflation of The Iraqi DinarOn August 2nd, 1990, Iraq invaded Kuwait. As a result the Security Council of Iraq issued an economic sanction, along with several other countries: George Bush of the United States froze Iraqi and Kuwaiti assets and banned financial and trade relations with Iraq. The USSR suspended military equipment deliveries to Iraq. In response to the global clampdown on Iraq, Iraqi citizens frantically attempted to withdraw their money from the Rafidain and Rasheed banks, fearing economic collapse. To avoid bankruptcy, Saddam’s federal government refused all requests for full withdrawal of money. Instead, they allowed citizens to withdraw only a small percentage of their funds. The Central Bank of Iraq declared it had the right to withhold the rest of the funds for an indefinitely long period of time. The official value of the Iraqi Dinar (IQD) before the invasion of Kuwait was 1 IQD = 3 USD. As the sanctions grew worse, the Iraq Dinar declined as well. Within months, 10,000 IQD was worth a mere 200 USD. The rapid inflation was worsened by the Iraqi government’s reckless printing of trillions of dinars. During the American invasion and liberation of Iraq in 2003, the 1 IQD was worth a mere 0.0002857 USD. Citizen Distrust: Iraq Banking SystemDue to the unstable history of the Iraqi banking system, there is much distrust of the financial systems in Iraq by Iraqi citizens. Stories of corruption, bribes and scandals in both the Central and Private banks are consistently circulated. The volatile political situation–corruption, tenuous security, etc.–has made operating private banks especially difficult. Many scandals were related particularly to private banks in recent years, which has affected the overall reputation of the private banking sector. Although the exact figure is unknown, it is estimated that there are less than 10% of people in Iraq who have and/or use a bank account. Iraq Banking: E-banking in IraqThere are few E-banking methods available in Iraq. This has created a major gap within the sector, which has yet to be filled. One citizen described a Baghdad-based bank, which offered bank account updates via text; however, these updates came at a fee. This service was offered for a matter of months before it was rescinded with no notice to the customer. Value of GoldGold maintains its value through war and sanctions. Iraqi citizens indicate the value of using banks as safes. Money is kept in the bank to avoid being stolen from residences. Some citizens may keep their money at the bank for safekeeping, but other citizens also distrust the banks and keep their wealth as gold. An additional incentive is the government’s guarantee of deposits at the state-owned banks. During May and June of 2013, results of a study conducted by Sansar Capital Management displayed 89% of public sector deposits and 63% of private sector deposits were controlled by state-owned banks. Banking HoursBanks close at 12:00 or 1:00 pm. Due to shortened banking hours, people are challenged to leave their work in order to conduct banking transactions. Additionally, the short business hours result in long lines at the customer service windows. Once customers reach the customer service window, the bank tellers are less than helpful. Banking PersonnelIraqi citizens express a need for trained bank personnel. When customers reach the teller, often he/she is not helpful. Banks do not hire employees who can inform the members about the bank’s basic services. Customers do not receive suggestions from knowledgeable staff who can consult on money management and finances. Iraq Banking: Transferring Money Outside IraqThe central bank has issued very strict rules in terms of transaction with USD outside Iraq. These laws make it very difficult to transfer money outside of Iraq. “Lately, I had to transfer the money to Erbil, and then my friend in Erbil transferred the money to my friend in [the] US.” one Iraqi citizen reported. Citizens dodge high bank transfer fees by using Western Union, which has a reduced transfer rate in comparison to Private and State banks. The timing of money transfers is also frustrating, as well as the withdrawal. Many people have to wait a period of week to be able to withdraw a transfer due to lack of funds in the bank. ATM-sATMs could ease the services required in person at the bank, but rarely exist as an alternative means to deposit or withdraw money. The ATMs are too few and existing ATMs are not dependable. Customers are required to report problems during the bank’s business hours. The person’s urgent need for money becomes a lengthy procedure to rectify the issue with the bank only to obtain the money days later. Additionally, individuals are unable to withdraw large amounts of money due to a daily withdrawal limit. At times, people use Western Union to conduct rapid and large money transactions. However, the preference is to use the bank due to the expensive fees garnered by Western Union. Credit and Debit CardsCredit cards and debit cards could be another means for money transactions or payments, as well. People who travel and conduct business in various countries understand the value and security of carrying credit and debit cards as opposed to cash. In Iraq, ATMs are infrequent, and many local businesses do not own card readers. Therefore, the banks issue few debit and credit cards to customers. Need of LoansThe banking system challenges daily commerce and long term goals for the individual and businesses. After providing guarantees consisting of documents which show mortgages and property ownership, respondents describe the lengthy process of obtaining loans as bureaucracies. Once loans are approved, the loans pay for a fraction of the requested amount, require a large deposit, high interest, and the loans need to be paid within three years. According to The World Bank, Iraq ranks 180 out of 189 economies on the ease of obtaining credit (2014). Without the ease of obtaining credit and loans, entrepreneurship is stifled in Iraq. Yet, the challenge has not gone unnoticed. Iraq has partnered with countries such as the U.S.- Iraq Business Initiative (USIBI and Iraq Britain Business Council (IBBC). The partnerships initiate projects to stimulate commerce and trade and are poised to assist the Iraqi nation in a GDP expected to grow 6.% during 2014 (IMF, 2014, para.4). Islamic Banking in IraqIn response to the economic growth, Lebanese and Abu Dhabi Islamic Bank (ADIB) private banks will open branches in Iraq to compete with the majority state-owned banks within Iraq. According to the Institute of Islamic Banking and Insurance, Islamic banks follow moral and ethical guidelines based on Islamic law (2014). Iraqi individuals generally do not express a trust of Islamic Banks in Iraq, just as they do not to other Iraqi banking institutions. The issue of loans, and haram, is often brought up in the context of Islamic Banking and philosophies differ between individuals of what qualifies as Haram and what does not (interest rates, etc.). Islamic Banking appears to be a sensitive issue with the Iraqi public. However, citizens are concerned mainly with intelligent, efficient, easily accessible banking services. Private and state-owned banks need to evolve and adapt to modern banking technologies and services. Short term and long term goals of banking customers can be more easily achieved with services which increase the speed and reliability of money transactions. Click here for a complete list of Banking and Financial Institutions in Iraq. http://irfad.org/iraq-banking/ Read more: http://dinarvets.com/forums/index.php?/topic/184175-articles-for-08-11-2014/page-3#ixzz3UDJxOUxU http://www.webuildiraq.org/wp-content/uploads/2014/11/IBBC_2015_online.pdf IBBCEVENTS AND CONFERENCE SPRING CONFERENCE IBBC’s 2013 Conference at the Mansion House The IBBC has been fortunate to host an annual conference at The Mansion House in the City of London since 2011. The Mansion House is the working residence of the Lord Mayor of the City of London, and it has been a privilege to receive the support of Lord Mayors for these conferences. The conference is an opportunity for IBBC members, leading Iraqi businessmen and representatives of the Iraqi and UK government to discuss and present on a number of issues and projects. Previous conferences have seen international experts and business leaders from across a range of sectors deliver presentations and take questions for the benefit of IBBC members and guests. These have included: Energy Infrastructure Finance Housing and Construction Telecommunications The second day of the conference, organised in partnership with UKTI, acts as a platform for leading small and medium-sized Iraqi and British business. The second day is open to non-members, meaning that attendees can network with a wide range of individuals. The reports of our latest Spring Conference are available below: Spring Conference 2014 – Day One Report Spring Conference 2014 – Day Two Report IBBC Spring ConferenceIraq 2015: Realising Potential 1st & 2nd June 2015 Mansion House & Royal Over-Seas League, London http://www.webuildiraq.org/events/spring-conference/ this should be an exciting conference with lots of big players
  4. Securities demanding the central bank to amend the work of banks Details Group: economy Published on Monday, March 02 / March 2015 05:42 Posted By: Jawad dreams Hits: 89 BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - The Securities Commission has demanded the Central Bank, to amend the work of banks in order to attract investors and to ensure that facilitate their work. The head of the Abdul-Razzaq al-Saadi's ( IMN ), that "investors suffer from the weakness of the facilities in the banks, which negatively affects their work, which leads to a reluctance to invest." Economists said failure to resolve the economic development in Iraq problem at the present time, but the establishment of a development bank is able to collect the necessary process of economic development funds . Saadi added that "the Commission has contacted officials to look at the problems of the securities, which have a negative impact on the country's market economy." The focus of the government program, to adopt institutional reform curriculum, and to accelerate the completion of the administrative reform program, and the provision of economic and financial reform suitable environment, anti-corruption, and to encourage a shift towards the private sector, and the provision of infrastructure and the most important of electricity, water and transport . From: Walid al-Zaidi, the Open: Faten Hussein http://center-imn.net/2/index.php/2013-09-08-07-34-57/15151-2015-03-02-05-42-07
  5. what's the matter Carrello or 'Brule' - there's not enough people to play cruel head games with over at your other haunt?
  6. 01-07-2014 Benefits Transfer (EBT) of the Central Bank profits exceeded the previous year Care of minors circle: the rate of investment during 2014 more than one billion, eight hundred thousand dinars Announced the auspices of the Department of minors, for achieving rewarding benefits of cash for a slice of minors in an auction of treasury transfers the Iraqi Central Bank and Ministry of Finance exceeded one billion, eight hundred thousand dinars through 2014. And confirmed the general manager of the care of minors circle Hind Abdul Bg: The total profits from investing the money in remittances central bank and the stock market was (180,517,970,000,00) billion and eight hundred and five million and seventy-nine thousand seven hundred dinars, during the period of the month April until December of 2014. The Director-General: The rate of profits earned in investment funds in the minors remittances central bank and the stock market last year in 2014, higher than 2013 earnings, indicating that these profits periodically added to the minor deposited in the account department. According to the Director-General: The entry in the Securities and remittances central bank market is one of the surest important investment projects that meet the financial interest of a minor without the risk or the risk, noting that the value of the amounts returned to the circuit at the end of each auction, which is made every month, so as to ensure an increase of minors funds . Government urges staff to use the smart card to the seriousness of cash trading Wednesday, 07 January 2 / January 2015 23:26 [baghdad-where] Directed the General Secretariat of the Cabinet ministries and departments not related to the Ministry and the provinces all research staff on the use of smart card substitute for financial cash. According to a statement received by all of Iraq [where] a copy of the "uncles aims to reduce cash circulation to the magnitude of the risk, and maximize liquidity in Iraqi banks, and credit expansion capabilities, in order to achieve stimulate economic and investment activities." And uncles, according to the statement that "those banks willing to provide deposit and withdrawal outlets in places that fit employees' .anthy www.alliraqnews.com/2011-11-25-02-03-15/162455-2015-01-07-20-28-17.html&usg=ALkJrhgAr8mAswsPvJCOEN-CUFuJ2zdfmQ is there a connection between these articles? i found these at another site and people are saying they connect but don't explain exactly why. thanks.
  7. Beyond the line of the frank a. "Iraq News" interaction of the Governor of the Central Bank: By: wab4 Date: Saturday, 27-12-2014 08: 23 pm Iraq's cash reserves are reassuring and inability to balance its funding sources available by 2015 * * Compulsory employees provident will turn to liquidity and investment will benefit them * The 500 billion dinar and $ 80 million in disaster losses, connector * * We completed a draft law against money laundering and terrorist financing Interviewer: Dr. Abdel Amir Al Faisal It is one of the oldest financial institutions in the history of the Iraqi State.. His name was often before 2003, then jumped and strongly to interface events when he found the Iraqis that the only guarantor of the dollar in the domestic market and what that means stability in various areas of life swing depending on the exchange rate of the dollar. .. That the CBI is. A giant financial institution through which we can know that our financial policy is moving us to safety or vice versa in. Today is a foundation in economic policy, financial, monetary and balance the 2015 all surrounding details of war on one of the central egg measured which give an advisory opinion on the features of the budget deficit did not know the previous budgets, as well as on a evoked much controversy here and there about compulsory saving for employees and what the State is heading, and how the Bank losses from the recent fall of Mosul hit every State without exception, joints and many other questions by "Baghdad news" conservative table The Central Bank on the relationship between the known information that few meetings and don't approve of a.. This was dialogue editor with Mr. relationship, which exceeded the usual frankness and a line points of absent characters equation complex situation that Iraq faces serious challenges. Distinctive front He was greeted by Mr. Ali al-allaq's "Baghdad newsletter highlighted the positive atmosphere of dialogue in every sense of the word, very well run before tripping questions initiated by saying the Central Bank is the cornerstone of fiscal and monetary economic policy for the country, because through the Central Bank achieved things that represent the Foundation of the economy when we talk about the exchange rate and inflation, control of the banking sector in General, we are talking about a fundamental aspect of the economy, which is the basis for everything the country needs development and advancement Fast. Budget deficit and effective treatment • Much talk about the budget deficit and talk of fairy figures what the Central Bank's cash reserve and do ttamn citizen cash reserve? The foreign exchange reserve for its Central Bank is still in excellent by international standards and the world's central banks, usually seen through the reserve money supply of local currency in circulation in the market if the local currency in circulation in the market is a good thing, some States placed 70 percent of currency in circulation, and for Iraq, the one and three-fourths of the currency reserve ratio this is reassuring, therefore, that the Iraqi dinar has maintained his power, recently Because of low oil resources and being the source of the country's dollar, when NYMEX oil sales than from the dollar and this affects the reserve if drawdowns and sale to the dollar at the same level, so we are watching this case very carefully and not unlike our equation to balance out and sold, and the State cannot Benefit from the reserves because it is governed by the law of the Central Bank, which does not allow to act up and the Government did not apply for Bank reserves, but consulted with the parties and we are going to deepen the practice as we aim to have the Central Bank as a financial advisor to the Government and coordination between fiscal and monetary policy, and if each one of them separately, it will impact on the economic situation and we are trying to create a kind of consultation and coordination so that the Government took the view on the subject and given us a certain section for ideas The retrenchment and personally participated in the preparation of the structural balance by pressing certain expenditures and at the same time as the deficit can be covered by issuing treasury bonds, or bonds in the bond is not a Central Bank, but the Central Bank helps to promote and coordinate with banks in Iraq, we need to create a market that doesn't exist and this time we tried Expand the bonds to be custom and culture in the stock market, we had our touches directly on budgeting and attended the Cabinet meeting which approved the budget to clarify some things and I think that the budget was designed to contain the deficit, but at the same time proved how to eliminate it, unlike previous years when the budget deficit issue and leaves a shortfall of surpluses and a subsequent bond issue this time and deficit how specific coverage as well, and the deficit limits of 23 trillion but reassuring presence of sources For funding and part of these sources is the balance of the vowel to the Finance Ministry. Save for what? • Why is the State of compulsory savings for employees? Our proposal was the subject of savings should not reduce staff salaries and then convert them to operational expenses, be pressed to the employee not on expenditures and has this proposal the Cabinet should not use this money to finance the budget, and so agreed, and when reading the budget will not be clear, and there are certain compulsory savings ratios will be taken from appropriations and not pay for it, it will exceed the limited income categories. • Is the selected reporting compulsory savings ministries? No Ministry but the income levels of allocations, we proposed that this amount is not used in the financing of the budget, so it is not part of the shortfall but will provide liquidity, and we have proposed to invest and the payback is in favour of the employee, and thus we have achieved two goals: first, we used economic stimulus money because if we flick the expenses of citizens and employees extensively we would influence negatively the economic cycle and therefore have a negative impact on the budget in terms of income from Other taxes and others so as 40 trillion to 2 trillion salary to be taken as they invest savings and be a payoff for the employee, there are areas for investment with high risk and we are in Iraq we have great investment opportunities and if we all narrowed opportunities can be used as bonds, traded on the market, and that the 23 trillion from section will be rounded to the Ministry of Finance within 3 trillion Section is the parcels of tpi banks who own an estimated 3 trillion surplus and bonds with the Rafidain Bank and Rasheed who have liquidity and foreign bonds are also trying to be active in this aspect, some foreign banks operating in Iraq is ready to help us in this aspect and bring buyers of these bonds. • Is it possible to have a compulsory savings benefit to the employee? Our proposal in the Cabinet was that of compulsory savings interest on employee and approved by the Cabinet and then will consult on means to achieve best value for the employee after a meeting between the Government and the Central Bank. Scary numbers of disaster daash • How much the Central Bank lost money when entering daash to Mosul? -Lost approximately 500 billion and 80 million dollars to banks and private banks and that there are no accurate statistics about them. To follow the Central Bank? • Is the Central Bank of the Government or Parliament? The Central Bank is not a Government but is an independent body but within the Constitution and the law on the Central Bank to be a coordination between monetary and fiscal policy by the Central Bank, the Government was endeavouring to implement greater exchange and possible as there was no brake because the Government cannot go without spending accounts for the economic impacts this may create inflationary effects and the Central Bank would be problematic then stem the inflation. • Do you charge you for political pressure? Through my time at the Central Bank did not touch any pressure from politicians, but the pressure through the media and through messages from politicians, so I don't find any intervention at the present time I am trying to reverse the equation, always the Government interfere with the work of the Central Bank today, trying to reverse the equation. Connect with money is important • Is it possible to link the Elimination of money to create a State strategy under this circumstance? No doubt that the State cannot live as scattered islands and all authorities must meet for the service of the State cannot be spaced apart for policies that depart affect each other and that the Central Bank had not coordinated with justice cannot exercise its activities for example money laundering activity and you are interested in some States if the modalities of the justice in this case, how to govern the issues to him are from us and if not effective elimination of this I need activity to a competent judge with money laundering and not leave it to another judge does not know what is the issue of money laundering being the case relating to the financial aspects and in need of background knowledge, and therefore the authorities should be integrated with each other and in some States, the Central Bank called the monetary authority of that key authority operate independently in determining policy for each country and that I came today with a decision I might change the economic and political situation and security as a whole. Combat money laundering • What are the arrangements about the phenomenon of money laundering? Unfortunately, in previous years the Bank's point of view about assuming responsibility for combating money laundering and does not see that this activity is through the Central Bank and personally, I disagree with the Central Bank in this matter because according to the law of the Bank and the money laundering reporting Office is linked to the Central Bank, so see the previous administration that had led to the failure of anti money laundering activity for that activation of the money laundering Act on the Central Bank was trying to convert it to others in Then you discuss with the law against money laundering, and today we are working to correct the deficiencies in existing resolutions, and we as a member of the financial action concerned primarily with money laundering and this year we chaired the Organization and aching a few gaps and report and assessment prepared by the World Bank, the Organization of follow-up observations so since direct in The Central Bank you activate Office and gave a kind of autonomy in its administration and its staff, we completed today the draft law against money laundering and terrorist financing, and this was the demand of organizations concerned with this issue and I was given this topic a priority today, the draft was sent to the State Council and will be an important act at the national level, although we are late in the preparation of this project but now we have prepared the latest developments in this area. Banks funded terrorism • What are the procedures for the Central Bank to the right bank sponsors of terrorism? The fact that this is possible for not only in Iraq, but also in some neighbouring countries and thus we practice today might be troublesome regulatory role for banks and remittance companies but this happens due to the gravity of what is happening in the banking and remittance companies at present and there is a large movement observation remittances, deposits, etc. and there are no specific figures, but the focus of our attention and put it most of our focus. • Have you been raising ceilings to exchange offices? We put a lot of restrictions and controls and inspection committees are continuing on a daily basis and the requirements for conversion companies obviously heavy but wanted it don't have an option but to control in fact measures we have taken in the past few days to review the cash dollar sales for the all-cash be compromised and that the use of "cash" in Iraq is not with what happens in the rest of the world as there are today aircraft movement amounts from New York to the Rashid Street in order to sell the dollar for citizens and the The issue became controversial from States and international organizations, we want to make everything within the banking system for movement control and direction and I can see where he went and to any use as well as the other States supplement you turn it also monitors and standards used in most States agreed surely will be mutually complementary roles and on the principle of know Your customer any know what do and where his source of funds so we can detect the latest attempt in the Rafidain Bank and when you see a striking amount of attention it must know the client and where it came from and when the amount received instruments of large amounts of people newly in bank accounts that drew was contacted directly, although fundamentalist add complicity treatment by the employee upon contact with the responsible authorities and their knowledge to pass a number of billions we could detect the network and weaved, today we seek to move away from Cash trading and the culture we seek to strengthen the Central Bank's recent slight increase occurred in the dollar because we end of cash sales and left the money orders to traders and importers of such responsibility in covering foreign trade activities, but when someone requests withdrawal of a large quantity of dollar, this is difficult and eye-catching for the dollar is used by travellers and low rates. • Are private banks control? All banks are subject to oversight and monitoring of violations and fines them if spotted bankruptcy of a bank we revitalize and impose guardianship but some understand it wrong but the right thing is to restore and rehabilitate and revitalize the Bank from bankruptcy in order not to damage the depositors, and for example we run only the economy and bank transactions which constitute the Bank's resources as a currency auction and buy USD we manage as well as loans granted by the Bank to get into collectible, another option is to allow a bank to bankruptcy. • What is the percentage of deposits banks eligibility? Proportion of collateral and I reported to the Cabinet that we give employees the salaries of around 40 trillion and 90% of them to intervene in the banking system, and I suggested that a machine in each Ministry by which payroll staff to avoid theft and congestion that might get banks so that it provides liquidity. Zeros out the currency to where? • Does the process eliminated currency? That project still exists and such steps needed to organize the process and stability for not creating any breaches and to ensure the success of the process and what we think now is a replacement paper and this is where violations occur and risk need to manage complex and we're in the situation we fear of violations so that our plan is the introduction of the new currency without dragging the old currency and when maraina situation stabilizes, we will implement the project, after arranging with all stakeholders, in order to avoid problems that may occur in records and numbers And others, we educational procedures on the subject before you start the project will be implemented, but the regulatory framework, we will enlarge the currency as we finished issuing the 50,000 and this currency will not increase inflation. • What is your relationship with the World Bank? Our close relationship with the World Bank and on several levels as Iraq part of international organizations and their shareholders and thus take advantage of the facilities and the expertise provided by the World Bank in many areas to develop existing resources through the World Bank, as well as studies and recommendations offered by us, and many of the recommendations by the World Bank but the present-day context of current does not allow the application and sometimes find their interest, reaffirming the Bank to restructure the banking sector particularly in the Rafidain Bank and Rasheed Bank had a great role in Recommendations and advice. The region can benefit from the Central • How do you deal with fiscal policy in the region? The Central Bank has two branches in Erbil and Sulaymaniyah, but the fact of the matter is not our direct management therein; working independently of the Central Bank and this thing serves the territory because the Central Bank is a third party between the banks and the public, the Government, and it organizes the tunes to avoid risk in the banks and I believe that there is disagreement in the process of overseeing the territory as a result of the territorial Government is overseeing it, we did not agree and now there is a change of attitude and that's probably a territory that Banks there must be managed by the Central Bank because this relationship territory benefits from having an independent party capable of governing the operation of the absence of Central Bank got problems seemed they float on the surface of reality and expect changes. • Are you satisfied with the Government's programme to Dr Abadi? I am satisfied with his work if applied vision and program schedule. • How is the currency switch bad? Many citizens stand to switch currency damaged by new ones we've worked on switch we have wages that were imposed on citizens who have damaged the new.
  8. Consultant-economy: remove leading zeros from currency requires a security and economic stability Monday, December 22, 2014 Baghdad/.. Was Advisor to the Prime Minister for Economic Affairs Mohammad Saleh appearance Monday, to remove the zeros of the Iraqi currency nowadays requires a security and economic stability, citing the current crisis in Iraq ghirmlaemh for this one. Saleh said in a statement with "Iraq News", was appointed to draft the removal of zeros to u.s. accounting system and monetary values without the interference of wealth and work to remove leading zeros from the accounts of the Republic of Iraq in full ", pointing out that this project requires a stable economic, security and political high level." Rejected in favour of support for any tghiirali the currency at the moment,but do not support any change in currency only after a year or more until there is liberalize all governorates of Iraq organize daash in addition to improved oil prices which can regain our recovery economic. " Worth mentioning that the Central Bank announced at the end of November this year, the oil-dependent, such as net foreign assets Iraq any foreign currency earned from the sale of oil is the mainstay of their cash because they rely on oil to finance their spending and dramatically. " The Bank said in a statement that "the Iraqi Government, specifically the Ministry of finance are replacing foreign currency (the dollar) that you earn from the sale of oil with the Iraqi Central Bank for local currency (the dinar), so the internal expenses, so that the growth of foreign reserves (the dollar) when the Government is increasing oil prices and quantities sold." The Bank said that "that would enable it to continuously and available swap with the Central Bank for local currency (the dinar) and the quantities you need, but with lower oil prices, the oil revenues surely will be affected will lower the cash reserve at the Central Bank." Meanwhile, the Central Bank, "the subject of the deletion of zeros from the currency has been postponed for the time being." completed/ http://aynaliraqnews.com/index.php?aa=news&id22=27463
  9. i believe his real name is Steve Hanson or Hansen - thanks Deborah
  10. Jubouri: Kuwaiti debt has been converted into investment projects in Iraq Agency eighth dayDecember 22, 2014, 16:43 BAGHDAD - ((eighth day)) Finance Committee member said Haitham al-Jubouri said the Kuwaiti debt owed by Iraq, which has been converted into investment projects. Jubouri said in a statement to the Agency ((eighth day)): The State of Kuwait has agreed to the debt owed by Iraq, amounting to $ 4.6 billion until 2016 and was transferred to the postponement of investment projects. He added that most of these funds will be invested by the Ministry of Transport and the Ministry of Industry the fact that most of the Kuwaiti investment companies in these sectors. And the date of adoption of the budget Jubouri likely approval during the current week. End http://8th-day.com/?p=87895
  11. A source in the prime minister: Shabibi will return to his central bank governor BAGHDAD / JD / .. An official in the Prime Minister's source, the intention of the prime minister Haider al-Abadi return of former central bank governor Sinan al-Shabibi to office after the issuance of the court acquitted. The source, who preferred not to be named, told / BD /: "The day Monday, 22.12.2014 date the trial of former Central Bank Governor Sinan al-Shabibi for the acquittal of the charges against him by the previous government under the pretext of wasting public money." He added: "The prime minister Haider al-Abadi waved the return of the conservative story office Kmhafeza the central bank in the event of an acquittal from the court, the fact is Shabibi figure of great economic mentality." She had announced the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi, describing him out of office, "targeted personally" for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed, where the investigation has shown that he does not court entered the central bank and former boss Shabibi process waste money mentioned by the investigative committee formed by the House of Representatives, not even the BSA "Report ./ ended / 8 / http://www.dananernews.com/News_Details.php?ID=5406
  12. About the acquittal of the thinker and the world economic Iraqi appearance of Dr. Mohammed SalehBy: Iraqi Democratic Movement in Australia - 17-12-2014 A statement of the Iraqi Democratic Movement in Australia about the acquittal of the thinker and the world economic IraqiDr. appearance of Mohammed Saleh Misdemeanor Rusafa court acquitted the economic world, Dr. appearance of Mohammed Saleh, of the charges against him when he was deputy governor of the Central Bank of Iraq and the previous dismissal of the suit and drop the charges against him and that On Sunday morning, December 14, 2014. We are in time to recall what happened to these national and educated personal violation bypass false charges and damage morale and character based on malicious accusations because of the people's money, who is keen on the national position, we announce our happiness by virtue of fair judiciary also congratulate Dr his innocence.Dr. suffered appearance of Mohammed Saleh from arbitrary arrest issued by the former prime minister of his right, where he turned himself in on 4 December of 2012 and was released on bail on January 21, 2013 after a campaign to defend him by civil society organizations, economists, lawyers and students and honorable sons of the nation. That the totality of the case that sparked the executive branch and its president was because of his refusal and his colleague Dr. Shabibi former central bank governor, delivery of public money, however, the executive branch, where it was overtaking on the central bank law and the Constitution.The Practical Guide to patent the appearance of Dr. Mohammed Saleh of the charges against him is again appointed as an adviser in the Council of Ministers by Dr. Haider Abadi, head of the current cabinet, thanks to its knowledge and experience in financial and banking activity.We affirm the constitutional articles that emphasize the rights of the Iraqi human and not overtaking him and arrested because of false accusations have no legal basis and at the same time we demand the reinstatement of Dr. Shabibi and drop the charges against him and returned to his job as governor of the Iraqi Central Bank. http://www.sotaliraq.com/mobile-item.php?id=174623#axzz3MXTsNhLd
  13. Finance: taxes and customs duties to reduce the budget deficit NEW MORNING ECONOMIC AFFAIRS DECEMBER 20TH, 2014 1028 NUMBER OF READINGS Said the retrenchment would not include medicine and food Baghdad's new morning: Finance Minister Hoshyar Zebari revealed that the ministry is working to reduce the budget deficit by increasing taxes and imposing customs duties on goods entering the country. Zebari said in a press statement, said that «the ministry is working to reduce the budget deficit in 2015 through the creation of alternatives to oil such as increased taxes and impose tariffs on some goods entering Iraq .. Many countries rely on their budgets on such as Britain and the United States Tax ». and the minister said he «will be pressure for budget expenditure to reduce the deficit, but that this pressure will not include medicine and food». Zebari stressed that «the beginning of the year Next there will be a budget after the Ministerial Committee complement pressure the budget and reduce the deficit and delivered to the Cabinet for approval ». He declined Zebari disclose the size of the budget or the amount of the deficit, noting that discussions are still ongoing. and formed a government late last month a special committee to reconsider the draft budget after landing oil prices to the lowest level in five years. The draft is based on the price of $ 70 per barrel, but oil prices tumbled to below $ 60 a barrel. Iraq relies on oil revenues to fund 95 percent of budget income. The prime minister Haider al-Abadi confirmed, that there is a financial problem for the year 2015 due to lower oil and military spending rates, likely that this problem extends to 2016. Ebadi said in a joint press conference with his Jordanian counterpart Abdullah Eagles in the capital, Baghdad, said that «Iraq is not bankrupt countries and the economic potential but we have a financial problem and may extend to 2016 if it continued to decline in oil prices». Abadi added that «the Iraqi government can not calculate a discounted price for a barrel of oil in the general budget for the year 2015 », pointing out that it« will begin to reduce unnecessary expenditures and increasing allocations for issues Chairperson such as social protection network which has increased the amounts in 2015 ». and Abadi that« oil agreement with the Kurdistan to export oil flowing into the federal and provincial government interest, which is the knowledge of the government » , expecting «raise Iraqi oil exports after the implementation of the recent agreement to the new quantities of Iraqi oil officially sold in global markets». http://www.newsabah.com/wp/newspaper/30918 Proposal for investment projects in the budget of 2015 and Order forward 12/21/2014 0:00 Insert a provision preventing the sale of the public sector without private sector competition BAGHDAD - Hussein al-Tamimi Tgb proposed member of the National Business Council, the Iraqi included the budget year 2015 the introduction of all the projects proposed by the ministries provided to include the clause regulated under the protocol with the States Order term and the repayment through oil shipments A year after the Protocol. David Abdul Zayer said the measure can compensate the absence budget of investment allocations after they stopped all projects for 2014 for failure to approve the federal budget. Zayer said in an exclusive interview with "morning" that this mechanism will help the general budget in reduce operating expenses, which could reach 20 percent to the fullest extent. He suggested Zayer add the item into the general budget provides for the implementation of the proposed new investment projects by the ministries and agencies concerned, which did not have a financial allocation in the 2015 budget that stipulates that "this Projects implemented Order term under the Protocol government will be responsible Bibramh with countries that have the potential implementation of these projects and processing of commodity under the international standards. " He explained that this protocol provides for payment on credit for time to be agreed upon within the Protocol and repayment through the export of oil after at least a year an end to the implementation of projects and the interest of not more than 3 percent per year of the amounts paid only from that State, which concluded with the Protocol and on the basis of ensuring the export of crude oil to those countries concerned. Was based Zayer in this vision to the promises made ​​by the Oil Ministry itself to raise the volume of production to 5 million barrels per day, and the repayment of Akiem export surplus after covering the federal budget allocations. He pointed out that this mechanism will ensure oil market to ready buyer, as well as ensuring implementation of investment projects, which were not included in the next budget allocations. He said the experience had been in place previously in some other states that have passed the same conditions and proved successful, pointing to the Amaknyh employed for the treatment of stage and force of the crisis low fiscal revenue because of low crude oil prices in world markets. The Zayer had warned in the introduction to his speech from the repercussions of not include the budget in 2015 for investment projects, because it is one of the goals of aggression Daash to weaken the Iraqi economy and ways to grow. Zayer between that do not include the next year's budget for investment projects again is a matter of concern, especially that a large segment of the youth employment skilled work in these projects and different terms of reference, indicating the importance of preserving jobs for them, and stay away from the consequences of disabling this segment of business. He continued by saying that these protocols lead to build bridges of cooperation with neighboring countries and that will be a positive impact on the country of all economic respects and security and social, especially after those countries associated with the domestic market, and will work towards maintaining its interests in Iraq. Zayer He concluded by referring to the importance of the inclusion of an item in the budget to prevent the sale of the public sector to the public sector without competitive private sector, pointing out that this supports the activation sector private, especially as the government program emphasized the activation of the role of this sector in economic life. http://alsabaah.iq/ArticleShow.aspx?ID=82910 Check privatization of economic reform in the country 12/21/2014 0:00 BAGHDAD - the joy of pumice in the transformation requirements of a market economy as stipulated in the Constitution and in line with the government program, specialists and concerned calls for the application of the privatization policy has increased what contributes to the achievement of economic reform in the country. privatization policy adopted by some developing countries privatization policy key to factors such as funding problems resulting from the achievement of the trade deficit in the balance of payments and public budgets, where some of the public sector units turned to the private sector, especially as it (privatization) containing the radical changes in the approach to the political, economic and social state, led to a change in behavior and production units and services. Chairman Businessmen Union Reza Ragheb Blibl said "morning" in this regard that in the orientation of the private sector that have an important role in shaping economic policy and move toward a market economy, it is a subject of interest after the change process. surplus labor and pointed Blibl that privatization must be built on the basis of successful without following the swift measures caused problems in the community, and taking into consideration the surplus labor for projects metamorphic, especially that of the private sector works in accordance with the economic feasibility and the extent of the project's success, he says. He believed that privatization is developing the economy in the country where contribute to increasing growth rates in GDP and keep up with global technology, stressing the need to develop controls for the transformation process, the most important of the sold projects or factories for the professionals and not commercially. He Blibl importance of forming a committee to draft and taught accurately and integrated, in order to qualify for work, production and development lines and make it according to the mechanics certified objectively, noting that the methods followed in the process of transformation in the countries of the world is done by the economic feasibility study of the transformation or privatization, so as to achieve a breakthrough in GDP, as well as the provision of market needs and operation of labor. http://alsabaah.iq/ArticleShow.aspx?ID=82915
  14. Liberals: Tamimi official candidate for the post of vice president of the National Alliance Date: 12/20/2014 18:59 Information / special / .. announced the Liberal bloc, Saturday, on the nomination of Attorney Magda Tamimi, vice-president of the National Alliance, as shown that the components of the alliance has shown no objection to the nomination, pointed out that the political body of the Sadrist movement will be discussed during the regular meeting, the issue of nomination writer to head the coalition. The fulfillment member of the cluster in a fight, told / information /, "The liberal bloc officially nominated MP Magda Tamimi, vice-president of the National Alliance," indicating that "components of the alliance has shown no objection to the nomination." She said a fight that "the body of political the Sadrist movement will be discussed during the regular meeting, the issue of the nomination of MP for the coalition of state law on the writer for the presidency of the National Alliance, "noting that" the president has not agreed yet. " The MP for the coalition of state law on the writer denied on Saturday, and the existence of the movement of some members of the state law to keep the boss Nuri al-Maliki for the coalition, as he pointed out that the only official candidate for the presidency of the National Alliance. It is noteworthy that the MP for the coalition of state law, Khalid al-Asadi confirmed on Saturday that the presidency of the National Alliance will be resolved as president during the next few days, as pointed out that competition confined to the head of the Islamic Supreme Council Ammar al-Hakim, and MP Ali Aladab.anthy / 25 h http://www.almaalomah.com/news/6227/%D8%A7%D9%84%D8%A3%D8%AD%D8%B1%D8%A7%D8%B1:-%D8%A7%D9%84%D8%AA%D9%85%D9%8A%D9%85%D9%8A-%D9%85%D8%B1%D8%B4%D8%AD%D9%86%D8%A7-%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%8A-%D9%84%D9%85%D9%86%D8%B5%D8%A8-%D9%86%D8%A7%D8%A6%D8%A8-
  15. Deputy Prime Minister Bahaa al-Araji through through economic reform conference in Baghdad (December 20, 2014) Araji calls to search for "new imports" of the state and the Liberals want reforms do not depend on oil Author: BS, MK Editor: AB, BS 12/20/2014 15:28 Number of Views: 52 Long-Presse / Baghdad Counting Deputy Prime Minister Bahaa al-Araji, said on Saturday that the conclusion reached by Iraq of the financial crisis is the result of "erroneous policies" in the financial and economic sides, while stressing the need to search for imports of the Iraqi state and reduce spending, called block free to economic reforms to maximize imports and lack of dependence on oil. The Deputy Prime Minister said Bahaa al-Araji, in a speech during the economic reform conference held by the political body was of the Sadrist movement in the Rashid Hotel in central Baghdad under the slogan (toward higher efficiency and the distribution of resources and development) in the presence of a number of economists and lawmakers attended the (long-Presse), "The What is reached Iraq from a financial and economic crisis was due to the wrong policies in the financial and economic sides, which has long admonished him, "noting that" experts debate this today and issued recommendations will be part of the Cabinet discussions and will be part of the processors to the current crisis. " The Deputy Prime Minister, on the need to "search for imports of the Iraqi state and reduce spending," pointing out that "the recommendations of the conference will be part of the solution." For his part, the political body was Sadrist member Rafi Abd al-Jabbar said that "Iraq needs economic reforms through investment support and expand imports", calling on the government to "initiate economic reforms based on the strategic development and reinforce revenue and not rely on a single source, namely oil." And Abdul-Jabbar, that "the political body was Sadrists want to find solutions through the establishment of the conference and invite experts and academics to get a larger amount of resources." In turn showed a member of the committee supervising the Congress MP Magda al-Tamimi, "The decline in oil prices led to a decline in imports of oil, which constitutes 93% of them, calling for" the involvement of the private sector in the process of maximizing the imports. " The Finance Minister Hoshyar Zebari likely, in, (15 December 2014), to provide the general budget of the Council of Ministers this week, noting that it has developed on the basis of $ 70 per barrel of oil. The Parliamentary Finance Committee has revealed, in (14 December 2014), about the government's efforts to address the budget deficit because of falling global oil prices through a series of austerity measures that would provide at least $ 13 billion, the Commission predicted that the government resorted to dispose of 50 percent of the Rafidain and Rasheed reserves, as well as borrowing from the balance of the commercial bank and fund minors, as the Commission suggested that includes austerity "luxury expenses sovereign" which said it accounts for 10 percent of the country's budget. It is noteworthy that the Prime Minister, Haider al-Abadi, revealed in (the twentieth of last October), during a press conference following a meeting with religious Shiite, Ali al-Sistani, in Najaf, and attended, (long-Presse), to discuss the Council of Ministers on the balance three times, and that the Council will prepare a budget in which a military spending as a fait accompli, noting that the budget in 2015, will be based on the 2014 current budget, due to the presence of the same problems, of oil from Kirkuk and stopped completely, as well as lower world prices, and expectations about to fall over, that's the Cabinet decided austerity. http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3346183&usg=ALkJrhgF6WS9ojAIEtqsjJyhT4o6FYrdKA Cabinet to vote on the 2015 budget next Monday Published on Saturday, 20 December / 1 December 2014 14:35 Written by: Sheikh Salem Hits: 56BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Prime Minister announced that he would discuss the federal budget for 2015, next Monday and voted on by the then sent to the Presidency of the Council of Representatives. He said Deputy Prime Minister Bahaa al-Araji's (IMN) "The day after tomorrow will be an extraordinary meeting of the Council of Ministers to discuss the federal budget for a vote." He added that "There are no differences on the budget, but there are technical issues involved in oil prices and other means that will help to bridge the deficit," noting that "if the voting process completed on Monday, will be sent to the Council of Ministers." The Ministerial Committee for the reduction of unnecessary expenses and luxury of the ministries and independent bodies. http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3345752&usg=ALkJrhggvBK8Hj6nX116kr320lzH6wwloQ
  16. Araji: to create realistic opportunities to move the economy Saturday 20 December 2014 | 20:11 Deputy Prime Minister Bahaa al-Araji, that the decisions of the Economic Conference hosted by the political body of the block will be part of the Liberal government's decision to address the financial crisis faced by Iraq. He called al-Araji, in his speech at the Economic Conference, a "concerted effort to get out of this crisis by the fact contribute to the growth and development process, stressing the need to create realistic opportunities to move the economy, which was stalled due to the wrong policies of the past period. Araji, pledged that the recommendations of the conference will be an important part of the Cabinet decisions, explaining that the prime minister Haider al-Abadi interested in hearing those decisions that will have an effective impact on out of the economic crisis. http://www.alqurtasnews.com/news/69382/%D8%A7%D9%84%D8%A7%D8%B9%D8%B1%D8%AC%D9%8A-%D9%84%D8%AE%D9%84%D9%82-%D9%81%D8%B1%D8%B5-%D9%88%D8%A7%D9%82%D8%B9%D9%8A%D8%A9-%D9%84%D8%AA%D8%AD%D8%B1%D9%8A%D9%83-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/ar Iraq's economic catastrophe coming !! Abdul Razak Suerawi Date: 12/20/2014 Books/Abdul Razaq alsoirawe said. Terrible things while taking simply the madness about.. This is what always happens here in Iraq.. So as long as we dealt with many issues of size (increase) is simply too close to apathy. .. Security issues in. Political.. Social and. Or economic could lead the country and people to the abyss of immemorial.. I wonder, are we crazy, or politicians were insane, or time is crazy? Perhaps the next days, alarming the country and people (and quite frequently these single very understanding way.).The next day, threatens a catastrophic drought, oil is the only source of living of Iraqis are prices falling dramatically, and thus, Raksha financial and administrative corruption of all joints in the escalating pace, and the war is eroding and daash drain of State expenditures much.. The industry is in. Agriculture is. .. Both agriculture and industry, mortal. Tourism is dead, the only neighborhood is not dead, it is corruption that predominated everything. The parliamentary and executive authority realises that resolved a new budget, projects are disabled.. Unemployment worsening..And the budget was not approved until now as its predecessor, the decline in oil prices is ytheddakrarha, it is impossible to agree on the ceiling of the approval in accordance with specified price per barrel at a time when oil prices dropped toward a horrific decline. astronauts who are a drain on the State budget and in kobalhm space officials are parliamentarians, Ministers and directors from 2003 until now, everyone is absorbed from the Treasury without mercy and. The coming days according to all data oil price reality is black with distinction. ...All the indicators suggest that the inability of the State to pay up salaries. What's working, and what you have prepared for STV days very close? This question cannot all leadership of Iraqi policy to answer clearly, from Parliament and the Government. Just as the law does not protect fools, so ignorant of his time and become wealthy renounce and ignores his days, he omitted the dupes. "!! http://www.almaalomah.com/tex/300/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D9%83%D8%A7%D8%B1%D8%AB%D8%A9-%D8%A7%D9%84%D8%A5%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%A7%D9%84%D9%82%D8%A7%D8%AF%D9%85%D8%A9-!!-- Iraqi Ambassador to Kuwait: Oil prices will take space from Abadi talks tomorrow Date: 12/20/2014 09:08 Information / Baghdad / ... The Iraqi Ambassador to Kuwait Mohammed Hussein Bahr al-Ulum, Saturday, that the economic situation and falling oil prices will take the space of talks Prime Minister Haider al-Abadi during his visit to Kuwait tomorrow. Uloum said in remarks reported by the newspaper "news" Kuwaiti The "Visit Abadi flowing into the framework pursued by Iraq to consolidate its relations with its neighbors and the nations of the world to overcome the crisis in which is clearly reflected by the security measures and the implications of several." He added that "there are many issues that will be addressed during the visit, notably to intensify efforts and develop bilaterally and internationally to encircle terrorism and the provision of military and security, intellectual and social supplies important to resist the terrorist tide. " He noted that "the economic situation and oil prices also will have space in the talks, as well as give thanks to Kuwait for its response to the postponement of the payment of compensation for the full year due to the stifling crisis in Iraq» describing this response «perfume and brotherly expressed parking Kuwait as well as our country." He stressed that "Kuwait role in this stage Iraq battlefield, Kuwait neighbor of Iraq and its affects Iraq affects in Kuwait and therefore there is no doubt that will be the coordination at all levels," pointing out that "Kuwait's interest stand Iraq on its feet and to preserve the unity and stability. " He continued Bahr al-Ulum, "I can not tell the quality of cooperation, but Iraq is ready to accept any military help military and security and training contributes to the development effort against Daash" he said, adding that Iraq "all types of assistance are required except presence on Iraqi land and the door is open to help all the neighboring countries of all the possibilities. " Prime Minister Haider al-Abadi to Kuwait is scheduled to arrive tomorrow on an official visit for talks with senior Kuwaiti officials and the Rsahm Emir of Kuwait. Finished / 25 http://www.almaalomah.com/news/6151/%D8%A7%D9%84%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%A8%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA:-%D8%A7%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B3%D8%AA%D8%A3%D8%AE%D8%B0-
  17. "Dressing" crime Spyker for junior officers and acquitted al-Maliki and Qanbar Ghaidan Date: 12/19/2014 14:59 accused MP Mithal al-Alusi, on Friday, the prosecution of covering up the perpetrators of Spyker crimes and try to dress the charges for the officers, junior and directed Qanbar Ghaidan Maliki them. He said al-Alusi told / information / "The law says all of the causes of military collapse or withdrawal unstructured military cuts or delivery of arms to the enemy referred to military courts and punishable by up to death. " He added that "on this Article legal and which is supposed to be referred to military courts is the Commander in Chief of the Armed Forces Nuri al-Maliki and Abboud Qanbar Ali Ghaidan, commander of Nineveh operations and commander Salah operations religion. " He reported that "the issue of military tribunals exceeded the fact that there are lands expropriated and money in stolen and civilians killed every day by the hundreds on hand Daash gangs, which requires a move chief prosecutor as a civil case." He pointed out that "the chief prosecutor is trying to keep them in the military framework The inventory issue in some junior officers and directed by adults, including the defendants are innocent and they are all of Nuri al-Maliki and Abboud Qanbar Ali Ghaidan ".anthy / 25 / and http://www.almaalomah.com/news/6118/%E2%80%B3%D8%AA%D9%84%D8%A8%D9%8A%D8%B3%E2%80%B3-%D8%AC%D8%B1%D9%8A%D9%85%D8%A9-%D8%B3%D8%A8%D8%A7%D9%8A%D9%83%D8%B1-%D9%84%D8%B6%D8%A8%D8%A7%D8%B7-%D8%B5%D8%BA%D8%A7%D8%B1-%D9%88%D8%AA%D8%A8%D8%B1%D8%A6%D8%A9- Bader: "Sunni forces" conference application for a project Biden and weaken the role of the government in Baghdad Date: 12/19/2014 14:43 Information / special / .. promised Bader's parliamentary bloc, on Friday, Arbil conference Sunni forces step towards the application of Biden's project to tear Iraq and the establishment of sectarian regions, as shown that the conference gathering wanted to eliminate the terror suspects indicated Sunni forces are trying to find another place for the management of the state is the capital, Baghdad . The MP said the Badr Qasim al-Araji, a block told / information / "The Arbil conference collect many wanted to eliminate and accused of terrorism and this itself is a condemnation of the conference." He added that "the conference is devoted sectarian and is a step towards achieving Biden goals he sought in his project to establish regions sectarian and nationalist apart the unity of Iraq. " He pointed out that "the choice of Arbil, the venue for the conference to weaken the role of Baghdad and try to find another place for the management of the state is the capital, Baghdad." The Sunni forces yesterday held a conference in Arbil, the Sunni forces attended by many of the required to eliminate and sentenced to figures figures other incite violence. "Finished / 25 / and http://www.almaalomah.com/news/6117/%D8%A8%D8%AF%D8%B1:-%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%E2%80%B3%D8%A7%D9%84%D9%82%D9%88%D9%89-%D8%A7%D9%84%D8%B3%D9%86%D9%8A%D8%A9%E2%80%B3-%D8%AA%D8%B7%D8%A8%D9%8A%D9%82-%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9- Reference calls for an accurate country's fiscal policy and the search for other resources Date: 12/19/2014 12:58 Information / Baghdad / .. called religious authority, on Friday, to draw accurate financial policy of Iraq to confront the crisis, falling oil prices, while the weakness of the procedures and preparations for the visit criticized Arbain. The representative of the reference in Karbala, Mr. Ahmed net during Friday prayers held in the courtyard Husseini and attended / information /, "The budget of the main factors to stimulate the circles of the country and the continued delay passage of the budget would keep the same problems, but will open other problems." He added net that he "must be there one look in the retrenchment of the minimum and limited to the things necessary," claims to "strict inspection for other resources and draw accurate financial policy of the country." On the other hand net stressed that "the city of Karbala had exhausted a lot during the visit Arbain because of the large numbers of visitors who went to the city", calling for the need to "be there is a large and early preparations for the visit next season ". Finished / 25 Abadi to visit Kuwait on Sunday Date: 12/19/2014 12:33 Information / Baghdad / .. According to a Kuwaiti newspaper, on Friday, Prime Minister Haider al-Abadi will visit Kuwait on Sunday on an official visit for talks with Emir of Kuwait, and senior officials. She said, "Gazette" Kuwaiti newspaper reported today and seen by Agency / information /, "The Iraqi Prime Minister Haider al-Abadi up on Sunday, in the first visit to him to Kuwait since becoming prime minister. " The newspaper added that "al-Abadi meet Kuwaiti official figures on top of the Amir Sheikh Sabah Al-Ahmad, and the Crown Prince Sheikh Nawaf Al-Ahmad, and Prime Minister Sheikh Jaber Al-Mubarak. " The newspaper said that "the visit comes as part of a series of visits by Abadi, a number of neighboring countries to strengthen relations between Iraq and the Gulf and its surroundings," indicating that "Abadi will discuss in Kuwait topics most important bilateral relations and stand in the face of terrorism."Finished / 25
  18. Vice President Osama Najafi Najafi: I will not deceive the promises will not give up the rights of our people and the establishment of a constitutional region Author: HH Editor: HH three p.m. 18/12/2014 Number of Views: 356 Long-Presse / Baghdad Deputy President of the Republic of Osama Najafi, Thursday, not to compromise on the rights of the people of the six provinces and "misled by promises," and as he emphasized that the provincial transfer to the regions "is unconstitutional and dust on the legality" and should be looking away from the charges, he noted that the National Guard represents citizens components in any Iraqi province which is not the strength of the sect or nationality or religion. " Nujaifi said in a speech during the Arab Conference to combat "terrorism and extremism," held in Erbil and I followed the (long-Presse), "I will not kid anymore promises will not give up the rights of our people in the six provinces and our way clear and project our goal." Najafi said, that "the transfer to the provinces regions unconstitutional is not dust on the legality and should be looking away from the charges and prior positions," pointing out that "the interest of the six governorates linked sufferings of terrorism and extremism more than others." Najafi and pointed out that "the international community looks great sympathy to the plight of our people and we need to develop the international coalition by increasing the effectiveness and increase its support in the arming and training of volunteers who will be the nucleus of the National Guard," asserting that "the National Guard represents citizens components in any Iraqi province which is not the strength of the sect or religion or nationality and his presence is linked to the defense of Iraq. " Najafi said that "it is our duty to overcome the difficulties for final editing and expel Daash Our people in cities and towns dominated by Daash is free land is maintained," calling to "activate the committees to be adopted by the conference and attention to the issue of displaced persons and displaced persons and rally the forces and energies to eliminate Daash." And launched in the city of Arbil, Kurdistan Region of Iraq, on Thursday, the Arab Conference to combat "terrorism and extremism" in the presence of political figures and the leadership of the coalition united Rafie al-Issawi and the representative of the United Nations Nikolay Mladenov. The House of Salahuddin province, announced on Wednesday (17 December 2014), about the lack of local government's desire to attend work Sunni forces Conference for "fighting terrorism" in Erbil for "ineffective", stressing that the council is busy combating "terrorism" in the field, While the Arab Political Council in Kirkuk province announced a boycott of the conference also. The ministers of the coalition forces announced on Thursday apologized for participating in the Arab conference to combat "terrorism and extremism," and attributed the cause to "association meeting of the Council of Ministers of emergency, which will be held today to discuss the financial budget bill for next year 2015, as expressed Tmaném" the success of the conference. " . On the other hand does not have that conference unanimously by all Sunni parties, some tribes apparently sees the meeting as "political" and is intended to serve a particular party lost popularity after the occupation "Daash" to areas of influence, and as a prelude to the establishment of the "Sunni region", pointing out that the sponsor of the conference is Rafie al-Issawi and Liberation of Iraq the most prominent Sunni politicians, Underscoring the Sunni movement "that the allies to Ayaaradwn meeting a political nature, but the forces of mobility parallel will hold a meeting soon to develop a comprehensive way to liberate cities plan. Recall that are supposed to Sunni forces participating in the conference looking new options for arming tribal fighters who are fighting organization "Daash" 10 months ago, after the leak of despair to the big and lose followed in an unequal war with extremist organization clans, as the parties gathered in Kurdistan will discuss the possibility of take advantage of the "popular crowd" problem in the south operations liberate the occupied Sunni cities. Minister of Finance and Minister of Oil and meet a delegation of US Congressmen Wednesday 17 December 2014 Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul-Mahdi met on the evening of December 15, 2014, a delegation of US Congressmen. During the meeting, they discussed the political and security situation and programs of the government in the fight against terrorism Daash and development, has also been reviewing the budget and economic conditions and developments in the world oil market. Head of Delegation of the congressional Republican majority in the House of Representatives, Mr. Kevin McCarthy and Mr. Rodney Vrling Hocn member of the House of Representatives Chairman of the Appropriations Committee, Mr. Devin Nunes member of the Intelligence Committee and participated in the meeting, also vice chairman of the US mission and the number of members of a delegation of congressional aides. The new congressional delegation parking United States with the government and people of Iraq in the face of terrorism and achieving security and stability and support the government's program to bring more democracy , reconciliation and reforms. ​ http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=157 Finance Minister receives ambassadors of Italy, Russia, Tunisia and the French-based Macs Wednesday 17 December 2014 Met with Finance Minister Hoshyar Zebari evening December 17, 2014, a number of Ambassadors separately Mr. Massimo Maruti Italian Ambassador Mr. Elia Morganov Russian Ambassador and Mr. Samir collective Tunisian Ambassador and Mr. Christophe Katsaan based French charge d'affaires. During the meetings, discuss developments in the political, economic and security situation in the country, and follow-up of bilateral cooperation between Iraq and their countries, contracts and bilateral committees and projects of investment issues, and emphasis was placed on the government's keenness to fulfill international obligations and activating relations in various fields, especially economic. Obama telephoned Abadi discuss the security and political situation in Iraq 9:35: 12/19/2014 Khandan - conducted by US President Barack Obama, a telephone conversation with Iraqi Prime Minister Haider al-Abadi, they discussed the political and security situation in Iraq and the progress made ​​by the security forces, in response to the organization "Daash." The White House said in a statement, said that the US President, confirmed by contacting US support for the efforts of the Iraqi government, to build a unified Iraqi Front for the elimination of "Daash." As President Bush pledged to continue the commitment to support the Iraqi security forces through the provision of training, arming and continuing air strikes targeting elements of the organization. (ASHA) Legal representative: voices objecting to the formation of regions unconstitutional 7:29: 12/19/2014 Khandan -ali Naji stressed the Parliamentary Legal Committee, that the political blocs, which opposes the formation of regions, contrary to the Iraqi constitution, which gave the right to the provinces to turn into the provinces. He said the legal committee member of the parliamentary secretary Bakr told'khandan 'that "there is a strong desire among the western provinces as well as in some of the southern provinces to form regions, and this is a constitutional right, "explaining that" some political blocs, which opposes the formation of regions, but the Constitution and disagrees with their positions outs of the provinces opposed. " He said Baker, a deputy from the Movement for Change, "We do not know the reasons for fear of blocks from the idea of forming regions." noting that "many developed countries in the region and in the world as well as their systems federalism such as the United States and Canada, and the United Arab Emirates", explaining that "the application of federalism in Iraq would strengthen the unity and strength of the country and will not weaken as promoted by some." A statement issued by the Central Bank of Iraq 12/18/2014 Statement issued by the Central Bank of Iraq Hold Dr. Ali Mohsen Ismail Governor of the Central Bank 2014 with departments / 12 / Iraqi lengthy meeting on 18 Banks and money transfer companies to discuss business requirements in The next phase and means of cooperation for the banking sector Nھod And financial and supporting the state in phase CURRENT. The governor has said that the central bank continuously cover all Conversion requirements for the purposes of import and for various transactions Legitimate, and pointed to the development of new Tsھیlat of foreign remittances In addition to cash sales, and there is no any intention to put restrictions on this Although conditions in the country Bھa activity, as well as the bank Believes in the central of the importance of the private sector and its role in rebuilding Iraq http://www.cbi.iq/documents/press18-12-2014.pdf The parliamentary economy: providers investment authority cannot comply with investor insights Baghdad/Al baghdadia news.. The Commission on economy and investment representative, on Thursday, the Investment Board working according to the theory of socialism, and compatibility with the looks of venture capitalists. Member of the Parliamentary Committee on the economy and investment, Ahmad Salim Al-kinani told l/Al baghdadia news, that "the Investment Board working according to the theory of socialism, and compatibility with the looks of venture capitalists". Al-kinani said that "the Commission will prepare a law to granted investment privileges to investors and facilitate the entry of foreign companies to invest in Iraq". He noted that "the investment drove many investors extended bagraeatha, as some investors ' transactions for investment to leave three years, prompting investors to flee from Iraq." And the Socialist economic system is a social ownership of the means of production and cooperative management of the economy ended 21/t : All of Iraq – source: station news http://www.kululiraq.com/?p=142336 Independents: Conference "everyone working for better economy" will help the Government in finding a solution to the problem of fiscal deficits Independents: Conference Baghdad/Al baghdadia news.. The Liberal bloc, confirmed on Thursday that the Conference (all working for better economy) will help the Government in finding a solution to the problem of fiscal deficit in the budget next year, with the Conference to be attended by senior economists in Iraq. Bloc MP said Majida Al-Tamimi of Baghdad news, that "the political body of the stream alahararstakd on Saturday and Sunday the Conference (all working for better economy), to discuss and submit handlers to the Government for the fiscal deficit problem is expected in next year's budget by reducing the size of government expenditure and increasing imports," he said, adding that "Iraq has many sources of non-oil imports will be discussed during the Conference" investment method. She added that "the Conference will see the submission of studies and proposals of all economic sectors in Iraq", adding that "these plans are set up by leading economists in Iraq, and who will attend the Conference." The political body of the Sadrists announced by Conference (all working for better economy) with the participation of expertise and competence in the development and Economic Affairs at the Royal Tulip Hotel Hall (formerly good) for the period (20-21) December. ended 21/j : All of Iraq – source: station news http://www.kululiraq.com/?p=142340 Alsumaria News / Baghdad said Iraqi Prime Minister Haider al-Abadi , on Thursday, that there is a financial problem for the year 2015 due to lower oil and military spending rates, likely that this problem extends to 2016. Ebadi said in a joint press conference held today, with his Jordanian counterpart Abdullah Eagles in the capital Baghdad and attended "Alsumaria News", " Iraq is not bankrupt countries and the economic potential but we have a financial problem and may extend to 2016 if oil prices continued to decline. " Abadi said that "the Iraqi government was unable to calculate the discounted price for a barrel of oil in the general budget for 2015," adding that it "will begin to reduce unnecessary expenditures and increasing allocations for issues Chairperson such as social protection network, where it was increasing the amounts in 2015". Among Abadi, that "the Convention oil with the Kurdistan to export oil is in the federal and provincial government interest, which is the knowledge of the federal government, "expected" to raise Iraq's oil exports after the implementation of the recent agreement to the new quantities of Iraqi oil officially sold in global markets. " The Information Office of the Prime Minister Haider al-Abadi announced Thursday, the Cabinet meeting a moratorium on the discussion of the budget, which was scheduled for today, attributing the reason for the delay to a new decline in oil prices. The Jordanian Prime Minister Abdullah Eagles, arrived on Thursday, to the capital Baghdad on an official visit during which he will meet a number of officials Iraqis. http://www.alsumaria.tv/news/119361/%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%84%D8%AF%D9%8A%D9%86%D8%A7-%D9%85%D8%B4%D9%83%D9%84%D8%A9-%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%84%D8%B3%D9%86%D8%A9-2015-%D9%88%D8%B1%D8%A8%D9%85/ar
  19. Minister "year" apologize for participation as "Arbil conference" By Mohammad Emad four twenty-six a.m. 18/12/2014 | Views: 3433 Font Size: Brother - Baghdad Ministers said the coalition forces, Thursday, apologized for participating in the Arab conference to combat "terrorism and extremism," and attributed the cause to "association meeting of the Council of Ministers of emergency, which will be held today to discuss the financial budget bill for the next year in 2015, while expressed Tmaném the" success of the conference. " The ministers said the coalition forces in a statement read during the Arab Conference to combat "terrorism and extremism," which was held in Arbil, "Bending your conference, held under the patronage of Vice President Osama Najafi and wish success to his works and applaud its findings to the recommendations and decisions." The ministers of the coalition forces, "We are in a time where we offer our apologies for participation in its work because of the emergency meeting of the Council of Ministers on the issue of the budget year 2015 emphasize pride Abjahdkm asking the Lord Almighty to bestow success for the service of our people and our fans." The statement signatures and defense ministers Khaled al-Obeidi and planning Salman Jumaili and Education Mohammad Iqbal Omar and Agriculture Falah Hassan Zeidan and electricity Qassim Fahdawi. And launched in the city of Arbil, Kurdistan Region of Iraq, on Thursday, the Arab Conference to combat "terrorism and extremism" in the presence of political figures and the leadership of the coalition united Rafie al-Issawi and the representative of the United Nations Nikolay Mladenov. http://www.khabaar.net/index.php/permalink/36775.html
  20. Secretary General of the Council of Ministers calling for legal services managers in government departments to provide advice and Nasahh not favoritism at the expense of law 12/18/2014 14:15 UN Secretary-General of the Council of Ministers D.hamed Khalaf Ahmed legal circles managers in all government departments to provide Nasahh advice to departments officials without bias. This came during his annual Ballqa managers two years in legal circles that his legal department at the General Secretariat of the Council of Ministers in the hostel . The Secretary-General of the Council of Ministers on the importance of the role played by the legal department directors in all government institutions, asking managers to attract talent and promote their cadres in order to provide the best legal advice, as well as not to rush to give legal advice. He added that the General Secretariat of the Council of Ministers and provided an application that can be used across the private managers legal circles smartphones include Cabinet decisions since 2003, and so far, in order to review the decisions and overcome Archive paper speed, calling for programming and automation of binders and files, including easy reference with ease and speed when you need . He stressed the Secretary-General on the need for full compliance with the provisions of laws, regulations, instructions and not to depart from it and follow-up implemented by ministries, agencies and departments that are connected by legal circles devices, calling for the completion of the issues first hand, and not postponed, and need to be resolved in a timely manner in order to avoid what you might get from the negative effects of for not resolving the issue or give advice in the time required. For his part, Director General of the Legal Department of the General Secretariat of the Council of Ministers Abbas al-Saadi to activate the role of legal departments in providing legal advice to officials in all ministries and government departments, without reference to the General Secretariat, unless the There was a special legal cases, pointing out that the legal departments reluctant little bit about her and she is still Tstfti General Secretariat in spite of the existence of legal circles, emphasizing the need to create a partition of international conventions in all legal departments, and the training of cadres well, so as not to be there is confusion between the international agreement and memorandum of understanding. The meeting saw discussions on laws, regulations, instructions, projects, and aspects related to the conclusion of international agreements and memorandums of understanding with other international bodies and mechanisms of implementation. http://cabinet.iq/ArticleShow.aspx?ID=5574
  21. Keywords: can not ignore the support of the private sector will not disrupt activity of foreign exchange Thursday 18 December 2014 | 18:36 Qurtas News / Baghdad Governor of the Central Bank of Iraq, said the agency on the Keywords, on Thursday, it is not possible to ignore the support of the private sector of the Iraqi economy, denied that the Bank intends to stop foreign exchange operations or cash sales dollar operations. According Keywords in a statement seen by "Ply News" that "the central bank is interested in supporting the private sector means legitimate, as well as to preserve their fiscal and monetary policy of the country, and draw plans aimed believes banks and banking companies and financial transfer the advancement of the economy of Iraq." Keywords and pointed out that we listened to the arguments and ideas of a number of departments of banks and money transfer, and do our part to ensure we deal means that guarantee means of cooperation for the next stage, to promote the banking and financial sector and supporting the state. Keywords and stated that "the Central Bank continuous coverage of all foreign exchange requirements for the purposes of import, and the various transactions (legitimate), noting that" the Central Bank of the development of new facilities for foreign remittances in addition to cash sales. " Keywords and denied that "be at the Central Bank intends to place restrictions on the activity of foreign remittances despite the conditions experienced by the country, as well as the bank believes in the importance of the private sector and its role in the reconstruction of Iraq." http://www.alqurtasnews.com/news/69025/%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-%D9%84%D8%A7%D9%8A%D9%85%D9%83%D9%86-%D8%AA%D8%AC%D8%A7%D9%87%D9%84-%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D9%88%D9%84%D9%86
  22. Integrity's (et al): the currency exchange risk and the corruption and financial supervision of the central replaced 18/12/2014 Brother - Sam Mullah Stressed the Parliamentary Integrity Committee member Abdul Karim Abtan "The issue of dangerous currency switch, and the corruption." He called the governor of the Central Bank and the Finance Ministry to form a committee of intelligence and the prime minister and integrity, to oversee the replacement of the currency. " Abtan said in a statement singled out by the reporter for News Agency (et) that "the process of replacing the currency need to general supervision of the Ministry of Finance and the Central Bank, but we can not determine the existence of fake currency in the category of ten thousand." Stressing that"the Parliamentary Integrity Committee will have a visit to the Central Bank, to view the currency exchange mechanism and how to burn them, and where they burn and what is the amount of the switch." Noting that there were many questions from the Committee will ask the central bank need to answer, saying, "The Integrity Committee will monitor the currency replacement process with precision." The Central Bank of Iraq, according to a decision of the previous government decided coins withdrawn category 10 025 thousand dinars, and replace them with new cash paper of the same class but different from typographical graphically the banknote, while denying any case of corruption in the switch of the local currency. https://translate.google.com/translate?js=n&prev=_t&ie=UTF-8&tl=en&u=http%3A%2F%2Fwww.khabaar.net%2Findex.php%2Fpermalink%2F36700.html Central Bank's (et): there is no corruption in the process of switching the currency 18/12/2014 Brother - Sam Mullah The head of the issuance of Closets in CBI Ihsan Shomran Yasiri that "change the image of the currency of 10 thousand category and 25 thousand dinars to modify and improve it, and put a security tag for not rigged." He Yasiri in a statement singled out by the reporter for News Agency (et) that "the paper 10 was vulnerable to counterfeiting, but not dramatically, and we do not want the bank forgery and one sheet of paper." Stressing that "there are requirements for the development of high security tags, which require that there be no discrimination in this form into the audience." He noted that the central bank put as not to put a picture or the implications for people with pride in the great world-Hasan ibn al-Haytham, so do not differ by one, and mark landmarks of Iraq. Stressing that "change the picture is not intended to reduce the world's bin al-Haytham, but to improve the image of the cash category." "The central bank has no tendency to withdraw any paper from circulation, and all papers will be trading until you finish it." Indicating that the process of replacing the currency in which corruption does not exist, because the currency is being printed as controls government contracts, pointing out that "the central bank Oguetna latest machines to count and sort banknotes and secretion of fake and damaged ones." He stressed that "the central bank is immune from rumors, and corruption, misuse, because the paper is that it produces a very sensitive post, the central bank put internal control system and monitoring cameras." The Central Bank of Iraq, according to a decision of the previous government decided coins withdrawn 10 025 class thousand dinars, and replace them with new cash paper of the same class but different from typographical fees on the new banknote, while denying any case of corruption in the switch of the local currency . http://translate.google.com/translate?hl=en&sl=ar&u=http://www.khabaar.net/index.php/permalink/36701.html&prev=search
  23. i don't want to cause a problem but this video is very interesting. in it he talks about why the two percent rule does not apply to iraq https://www.youtube.com/watch?v=SgLUidDPqmk
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