Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

newbieDA

Members
  • Posts

    1,331
  • Joined

  • Last visited

Posts posted by newbieDA

  1. Quote

    the committee respects the independence of the central bank and its monetary policy, stressing that the bank has technical autonomy by decision regardless of administrative affairs.

    Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies

    2 days ago Iraq

    61982019_dwlar.jpg
    Dollar and local Iraqi currency

    A member of the Parliamentary Finance Committee Abdul Hadi Saadawi said in a statement on Monday, August 19, 2019, that the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.

    The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be valuable to the small cash categories.

    Committee member Hanin al-Qadu told Al-Sabah semi-official newspaper on Monday, 19 August 2019, that during meetings and discussions with central bank officials, we stressed the need to reintroduce coins that have been used in Iraq during the past decades, rather than Paper that is damaged and printed in large quantities again.

    He added, that the use of metal categories and their descent for trading gives a notional value of the currency, noting that a number of neighboring countries exchange rates are very high against the dollar and yet we find that it has a coin in order to preserve the currency and not need to request more banknotes, especially those with small categories . He expressed surprise at the policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market.

    For his part, a member of Parliamentary Finance Majid al-Waeli readiness of the Committee to prepare any legislation required by the Central Bank, which could benefit the economy and the Iraqi market, including the circulation of coins.

    Al-Waeli told Al-Sabah that the committee respects the independence of the central bank and its monetary policy, stressing that the bank has technical independence by decision regardless of administrative affairs.

    While member of the Committee Jamal Cougar, that all countries in the Middle East and the world have a coin, indicating that this type of currency gives strength to its economy.

    Cougar told Al-Sabah that he hoped that the concerned parties could strengthen the currency so that the small groups could have purchasing power in case of using coins.

    Al-Saffar told Al-Sabah that inflation in the economy prevents the minting of coins and makes them circulate among citizens, suggesting that there be a step to delete the zeros preceding the coinage process to be a value for small groups against.

    It is noteworthy that on 19/12/2018 Hoshyar Abdullah, a member of the Parliamentary Finance Committee MP from the change bloc that the Ministry of Finance did not make any adjustments to oil prices and the sale of oil prices and the dinar against the dollar in the draft budget for the year 2019.

    Abdullah wrote on his official page on the social networking site Elvis, that an official letter arrived from the Federal Ministry of Finance to the Council of Ministers, where he kept the price of a barrel of oil at $ 56 and kept the proportion of crude oil daily export by 3.88 million barrels, and the region must export 250,000 barrels of these The rate, pointing out that the Ministry of Finance also kept the price of one dollar against 1182 dinars as it was in the previous draft ..

    Abdullah said that the new draft of the general budget does not differentiate from its predecessor and there are no amendments and that Shiites, Sunnis and Kurds did not approve the previous draft and the new amendments do not solve the problems of any of those parties and parties.

    Majid Shankali, a member of the Parliamentary Economy and Investment Committee, said earlier that the Central Bank's recent procedures for selling the dollar in the public auction contributed to raising the value of the dollar against the dinar. Trying to harm the national currency for their own benefit.

    Shankali added that the central bank is required to take supportive measures for the Iraqi dinar and to fight those who tamper with the security of the national economy, because the country's interest is above all else.

    Shankali demanded, the government to accelerate the development of the banking and industrial sector, especially what we note these days there is a significant rise in the price of the dollar against the Iraqi dinar, as he put it, calling for investment law legislation to help bring international companies to Iraq to develop infrastructure, while attributed the parliamentary finance earlier The decline in the exchange rate of the dinar against the dollar to the decline of financial revenues belonging to the state from oil sales, indicating that oil was sold at more than $ 100 a barrel and today its price has reached below $ 50 and this means that the revenues decreased by 50%, which affected the exchange rate National.

    The Parliamentary Economy Committee said earlier that it discussed with the Central Bank Governor Ali al-Alaq the main reasons for the decline in the exchange rate of the dinar and effective solutions for the return of stability, noting that the central bank will take new measures to maintain the hard currency and the return of stability of the exchange rate of the dinar against the dollar, stressing that the sale price The dollar in accordance with Article 50 of the budget reflected negatively on the Iraqi citizen pushed the Finance Committee to demand pumping dollars into the market.

    On June 27, 2019, as the FATF Financial Action Task Force (FATF) gave Iran until June of the same year to tighten its laws on terrorist financing and anti-money laundering, there was uncertainty about the actual sources of funding. Star Four, a Texas-based organization, reported on Feb. 13, 2012 that Iran was systematically stealing large quantities of Iraqi oil in the south, and that the thefts had helped the Iranian government overcome its plight as a result of the international economic embargo.

     

    https://www.radionawa.com/all-detail.aspx?jimare=14065

    • Thanks 2
    • Upvote 3
  2. Parliamentary finance identifies a reason why coins should not be minted and advises such a move

     

    Political | 12:26 – 19/08/2019

    image-775.jpg?w=700

    BAGHDAD – Mawazine News

    identified the Finance Committee in the House of Representatives, on Monday, a reason to prevent the minting of coins, the introduction of a proposal before minting.

    Majid al-Waeli, a member of the committee, expressed the readiness of the committee to prepare any legislation required by the Central Bank, which could benefit the Iraqi economy and market, including the circulation of coins.

    “The committee respects the independence of the central bank and its monetary policy,” he said, stressing that “the bank has technical autonomy by decision regardless of administrative affairs, which decides the usefulness of the move to use the coin.”

    And the MP Waeli, that “Iraq can not reproduce the experience of other countries in the use of those currencies, if it was in favor of the advancement of the economy; we can support this by listening to the justification and the views of the Central Bank ‘s view and then the appropriate legislation of laws for the continuation of the monetary policy The country has to proceed properly. ”

    Committee member Jamal Kojer stressed that “all countries in the Middle East and the world have a coin,” noting that “this type of currency gives strength to its economy.”

    Kojer said he hoped that “the concerned parties can strengthen the currency so that small groups can have purchasing power in the event of the use of coins”.

     Committee member Ahmed al-Saffar said, “The cost of a coin is more than paper money, and it is more difficult to carry it on the citizen.”

    He said al – Saffar, that ” the winning of inflation in the economy prevents the sake of coins and make trading between citizens”, suggesting that “be no step to delete the zeros precede the process of coinage metal to be there the value of small groups versus large” .anthy 29 / A 43

    https://www.mawazin.net/Details.aspx?jimare=60748

    • Thanks 1
    • Upvote 4
  3. 2 minutes ago, yota691 said:
    Release date: 2019/7/28 17:44 • 500 times read
    Kurdish minister heading to the United Nations to support the formulation of the federal budget technically
    The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein visited Sunday the United Nations headquarters in Iraq to meet with the UN Secretary-General's Special Representative for Iraq Janine Hines.
    "The Minister of Finance held an extensive meeting with Hines and the advanced cadres in the organization, and during the meeting discussed the general political situation in the region and Iraq in particular, and recent developments in the relations between Baghdad and Erbil to resolve the problems and outstanding issues through the series Of meetings and meetings at a high level in order to solve all outstanding problems. " 
    He also added that "the United Nations programs and projects in Iraq have been discussed and discussed through the development and strengthening of the capacities of employees in government institutions and programs of stability and reconstruction, especially the liberated areas, as well as technical support system">support in the formulation of the state budget, .
    Fouad Hussein said that he "presided over many meetings with representatives of all ministries and bodies and in the presence of the Finance Committee in the House of Representatives to prepare the budget strategy and to turn to budget programs and performance." 
    The Minister of Finance concluded the visit with a tour of the United Nations complex to keep a close eye on the work of the staff as well as their accommodation

     

    That is odd, I didn’t even think about this. Thanks Yota!

  4. 2 minutes ago, yota691 said:

    Haddad stresses the importance of drawing up a successful oil policy

     
     
    Baghdad / Al-Sabah
     
    "The current situation should be upgraded to higher and better levels in all areas of work in this vital ministry, which is the vital artery of the country, providing the best services to citizens, especially in camps for the displaced, and providing fuel to ensure the real need for all governorates," Haddad said, Stressing «the importance of drawing up a successful and decisive oil policy in dealing with international companies». On the other hand, Haddad, during his meeting with his Tunisian counterpart, stressed the need to develop bilateral relations between Iraq and its brothers in a way that serves the interests of our peoples and activates coordination mechanisms between the two countries. Governments to stabilize the situation in the region. 
    According to another statement, «Haddad received in his office in Baghdad, Deputy Speaker of the Tunisian Parliament Abdel-Fattah Moro, and during the meeting reviewed several issues and issues of common concern, and ways to enhance the prospects of joint cooperation and exchange of experiences in the field of parliamentary and legislative work between the two parliaments. "The necessity of developing bilateral relations between Iraq and its brothers to serve the interests of our peoples and activate the coordination mechanisms between governments to stabilize the situation in the region," he said. "We must all work to spread the moderate rhetoric and keep away from fanaticism and extremism. Human rights, and work for building and stabilizing society. "
    Meanwhile, a member of the Presidency called for the promotion of a culture of religious tolerance and love among the members of society and the consolidation of the principles of peaceful coexistence and acceptance of the other among all religions and sects. 
    The statement said that "Haddad received a delegation from the Cultural Center for Sufism in the region led by Hussein Mohammed Al-Pierre Khadri, and during the meeting discussed several topics, including institutes and religious colleges and ways to promote them and develop curricula, in line with the message of tolerance to Islam.
    "The two sides stressed the importance of spreading the culture of religious tolerance and love among the members of society, consolidating the principles of peaceful coexistence and accepting the other among all religions and sects, rejecting all forms of violence and extremism and combating cultural and social ignorance and intolerance, especially at this stage of our country."

     

    that should be the HCL there now, in the works

    • Upvote 5
  5. 16 minutes ago, Synopsis said:

     

    WHAT OIL AGREEMENT BETWEEN ARBIL AND BAGHDAD???!!!

     

    Well, OK, maybe BABY a translation issue but one would wonder IF (and I say IF here) the HCL is a DONE, DONE Deal???!!!

     

    In The Mean Time......................................................................

     

    The "Standard Disclaimer" Applies...........................................

     

    AND (of course).........................................................................

     

    Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

    :rodeo:   :pirateship:

     

    the 12.5% within the budget

    • Thanks 1
    • Upvote 2
  6. 2 hours ago, yota691 said:

     

    Governor of Kirkuk, commenting on the return of the Peshmerga: We have not been informed of any agreement to return and the security file must be managed federally

    February 9, 2019 at 8:56 PM

    rqk.jpg

    Kirkuk 9 February 2019, Governor of Kirkuk Agency, Rakan Jubouri during a press conference, Photo: Omar Hilali

     

    Karkuk Naw

    The governor of Kirkuk, an agency, Rakan Said Jubouri, not to inform them of any developments on the agreement to return the Peshmerga to the province, indicating that it is "inaccurate".

    "The security file in the province of Kirkuk should be administered federal and federal forces have proved a year and a half to run things professionally," Jubouri told a news conference held at the headquarters of the political council in Kirkuk.

    "We have not been informed that there is agreement on the return of the Peshmerga and we believe it is inaccurate news," Jubouri said.

    It is noteworthy that the Peshmerga forces, which spread in the disputed spokesman, including Kirkuk in mid-2014, withdrew from them on October 16, 2017, in conjunction with the launch of military operations, "law enforcement", to restore federal forces deployed in those areas.

     

    sounds like an agreement has been met on Article 140, just not officially yet

    • Like 1
    • Thanks 1
    • Upvote 6
  7. 16 hours ago, Butifldrm said:

    Baghdad Post Thursday, 06 September 2018 04:16 PM

     

     

    Search for Iran Evidence .. The involvement of Tehran's terrorist regime in the burning of Basra

     

    Burning Basra

     

    Observers said that the acceleration of the explosion of protests and security conditions in the city of Basra can not be seen in isolation from the labor of forming a new Iraqi government, in which tendencies in favor of political blocs, openly calling for the liberation of Iraq from Iranian influence.

    They stressed that the crisis can not be separated from the acceleration of the bottleneck of the Iranian economy as it descends to the date of the knockout when entering the second phase of US sanctions, which will cut the only economic lifeline of oil exports by 5 November. The signs of the collapse of the Iranian currency have emerged.

    They pointed out that the plight of the residents of Basra is a terrible crime and that their exit to protest is inevitable, but those hot Iranian files could intervene to turn it into a comprehensive explosion that could lead to the collapse of security and the fall of large numbers of victims.

    In all crimes, the search for the beneficiary should first be explored. In the current Basra crisis, all the fingerprints point to Iran, which has sparked electricity supplies and exacerbated the water crisis in Basra.

    The fierce conflict that can be waged by the militias associated with the regime of the Iranian Faqih state can not be underestimated to defend its existence, its financial interests and the future of its leaders, let alone defend the interests of Tehran, whose regime is in a dead end that threatens its survival.

    Is it a coincidence that the announcement of a broad coalition of political blocs seeking to extract the Iraqi decision from the grip of Iran, with the start of the collapse of the Iranian currency, which fell from 109 thousand riyals to the dollar to about 146 thousand, that is lost more than a quarter of its value within 3 days and about 72 percent Since last May.

    This may be an additional spark, but the deep reason is the risk of forming an Iraqi government that adheres to US sanctions and closes the main window to ease the severity of US sanctions.

    Taking Iraq out of Iran's influence will be a tough battle, and Basra Square could be its biggest hot spot, with heavily armed militias with hundreds of thousands of fighters ready to burn Iraq in defense of the Iranian regime, whose survival is linked to its survival?

    Tehran has reached a stage of despair over the possibility of easing the severity of future sanctions when even countries opposed to US sanctions, such as Germany, France and Britain, failed to persuade their companies to continue to deal with Tehran, which has struggled to move away from an unprecedented mass evacuation.

    Russia and China do not seem to be able to offer solutions to the Tehran crisis at a time when they are embroiled in disputes and negotiations with Washington over many files and could sell Iran in exchange for understandings with the US administration.

    Is it difficult for the militias in their dangerous struggle to survive and to protect the Iranian regime, to infiltrate the protests to fuel them until the collapse of the security situation in the province responsible for most of Iraqi oil exports?

    It should be pointed out that most of the sparks of Basra's suffering came from Iran. The first was to cut the electricity supply contracted about three months ago, and then the second spark of the high salinity of water after cutting off the supply of the Karon River and pumping the excreta and polluted water in Hor Al Huweiza, which ends its poisons in the Shatt al-Arab.

    Iran can withstand the unprecedented US sanctions only as long as the Iraqi window is open to Iranian influence. It would mean the formation of an Iraqi government committed to sanctions, doubling Iran's suffering and possibly accelerating the collapse of the Iranian regime.

    It seems that reaching Iraq's oil exports, despite its difficulty as Baghdad perceives the seriousness of this, is Iran's biggest goal, because it could force Washington to review the decision to restrict Iranian exports.

    https://www.thebaghdadpost.com/ar/Story/120961/فتش-عن-إيران-بالأدلة-تورط-نظام-طهران-الإرهابي-في-حرق-البصرة

     

     

    • Thanks 1
    • Upvote 1
  8. 2 hours ago, yota691 said:

    Basra Provincial Council reveals a US plan to declare an emergency government

    The Basra Provincial Council confirmed the presence of an American plan to declare an emergency government in Iraq, the first steps of the current unrest in the province.

    • 2018/09/07 - 15:10 
    •  
     
     
    Basra Provincial Council reveals an American plan to declare an emergency government

    A member of the provincial council, Ahmed Abdul Hussein, reported information that there is an American plan to declare an emergency government in Iraq begins with the events of Basra, and that the escalation of things is not accidental, but planned.

    "The demonstrations in Basra right after the patience of the people of the province of the promises of the central government without implementation."

    A member of the provincial council mentioned that the escalation was not by the demonstrators, but there are prearranged plans, and the subject is not coincidental to introduce the province in a massive chaos, a prelude to a large US plan in Iraq, and there is information confirms the intention of the Americans to declare an emergency government in Iraq after fabricating events in Basra ' .

    He called on the political forces to respond to those plans by holding an emergency meeting of the Council of Ministers in the province, and find solutions to their problems, and accelerate the formation of the new government to prevent the slide of the situation to the American plan.

    This has warned the various political circles and forums of the agendas and foreign conspiracies that seek their owners to sink Iraq, especially the southern provinces, chaos and fighting and fighting, and thus thwart the political process in the country.

    It is noteworthy that the center of the province of Basra and a number of its causes and aspects, witnessed during the past few days mass demonstrations, in protest against the lack and deterioration of basic services, and the intensification of the phenomenon of unemployment and administrative and financial corruption, and have been permeated by the mass demonstrations of acts of violence and vandalism, the arson and destruction of a number of government institutions and headquarters Parties, reference offices and satellite channels.

    The leaders of the Iraqi political leaders called for speeding up the convening of the House of Representatives to discuss and discuss the repercussions of the situation in Basra, and to seek solutions and treatments fast and effective, and invited the leaders also, the concerned concerned to go to the province of Basra and work to address existing problems in a quick field.

     

    seems all fishy to me

     

    3 mortars in the Green Zone Parking Lot, staged I think.

     

    Basra protests written up like the normal demonstrations are utter chaos.

     

    Send some Antifa like rift raft to make it look ten times worst.

     

    End Result: SSDD painted really ugly, that is all.

     

    Am I wrong?

  9. 12 minutes ago, Carrello said:

    "To the normal follow-up area every two years, "considering the visit of the Governor of the Central Bank Ali Al-Alak last month to the Security Council and presented the achievements and organizational and structural development and technical compliance with international standards Financial reporting and enhance the confidence of the Iraqi economy and Iraq's ability to adhere to international credit benefits and accolades of the World Bank and the IMF have had a clear impact in strengthening economic resilience and financial victory.

     

    that is what we are looking for, international standards, nice

    • Thanks 1
    • Upvote 1
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.