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Found 4 results

  1. The central bank constantly buying and selling of the dollar to 1166 dinars BAGHDAD - Iraq Press - July 11: According to a statement issued by the Central Bank of Iraq, Saturday, that "auction sales now amount to 209 000 752 thousand and $ 493, priced at 1166 dinars exchange rate to the dollar," he said, adding "the participation of 20 banks and two companies Financial transferable. " The statement added, "The Central Bank of Iraq constant buying and selling of the dollar and the price of 1,166 dinars," adding that "the sale of remittances price of 1187 dinars per dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of $ 1190 dinars / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. " Ended O.h
  2. CNN. Broadcasting While Uncovering The Smoking FATCAT ! (by walkingstick) إرسل الموضوع الى صديق Inside Iraq within the agreement «leaning back FATCA» 5/11/2014 0:00 Baghdad - Mostafa Hashemi said economic expert, Dr. appearance of Mohammed Saleh: that Iraq within the Convention "Alvta" (Law Alamttal new tax American) citizens of a naturalized U.S. citizen in the whole world and passed by Congress in 2010. known as "Alvta" It is an abbreviation for Foreign Account Tax Compliance Act as measures limiting evade American citizens to pay taxes to the government, has been working out recently in 30 countries in the world. Saleh said in a statement (morning) that work this Convention gives immunity reciprocal for both Iraq and the United States in the field of taxes and follow-up the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government. pointing out that the banks operating in Iraq covered by the Convention "Alvta" reduction of tax evasion when entering Iraq to the Convention effectively. said that if the U.S. citizen, for example, to pay for the premium or the price of an apartment in cash, was discovered the subject of the selling company as recorded receipt of the amount in cash and the amount of value is high, and put the buyer can not buy it, he will face the buyer two counts, but that he had other income and by concealing the IRS, or he owns entered illegally or is the process of money laundering. decided some countries make the deal banks with the IRS the U.S. directly, what makes its financial institutions subject to "Alvta", or face sanctions that will be taken by the United States against the banks, the countries that do not reveal private accounts, Americans have deduct 30 percent of their accounts in banks the U.S., and to prevent the final of the handle. his part, said the academic economic Dr Essam Mahouelle told (morning): that taxes in the United States high and expensive as well as higher wages for manpower there, what makes some of them looking for the establishment of Projects bring him profits in countries where the tax payment is less and the cost of manpower is low. , and added that this agreement serves the American side too much compared to some of the banking facilities provided by the United States of the member states of the Convention. his part, said adviser in matters of international trade Tawfiq inhibitor (morning ) should be developed banking system and make refineries international regulations so that Iraq can benefit from this agreement. He said that the agreement gives member states the legal cover for the freedom of action of the banks along with granting facilities to the business of banking. http://www.alsabaah.iq/ArticleShow.aspx?ID=70640
  3. CNN. Broadcasting While Trying To Inflate My Bank Account ! Thug Note: The Arabish Translation For 'Coins' Is All Currency Including Notes ! (by walkingstick) Economist: administrative issue not related to the issuance of currency inflation rates new cash .. between improving the payments system and increase inflation BAGHDAD / Badr 04/14/2014 There was controversy in the House following the announcement by the Iraqi economic CBI intention issuance of a new currency, along with the existing currency. At a time of economic official saw the votes that this procedure will improve the system of cash payments, a number of experts pointed out that the increase will cause inflation. With the exception of the deputy governor of the Central Bank of the previous appearance of Mohammed Saleh subject of issuing a new currency, the subject of an administrative regard to improving the system of cash payments, and has nothing to do by inflation permanently. Saleh pointed out: that this project Old, an introduction to the project to delete the zeros to take advantage of improving the cash payments and the issuance of new critical editions. He said that the issuance of the new currency will be in line with the old currency, this does not mean that the old currency is good, but must evolve, as this will improve the system of cash payments will not affect the currency, but it will be part of the natural growth of currency cash. No different opinion, an economist on behalf of Jamil Antoine opinion Mohammed Saleh, which confirms that the issuance of a new currency unrelated to the process of inflation. He said that the action taken by the central bank to issue a new currency is a kind of simple structure, to issue new banknotes sophisticated technically and technologically in order not to visit and the distinctive markings. He pointed out: that there are proportions of the consumption of the old currency must be changed after a period of 10 years to be printed. He pointed out: that this will make the issuance of coins largest allocation of the trading process in large quantities, as the dinar will remain in circulation, because it cut the value of large cash minimize the use of multiple sheets and purchasing power will not be affected and will not be eligible for inflation. On the other hand criticized the parliamentary Finance Committee member Abdul Hussein al-Yasiri, measures the central bank to issue a new currency, noting that the bank's economists believe the currency like a simple thing they can manipulate it at any time. Yasiri said: The currency are subject to the law of supply and demand, the greater the money supply in the market, the less demand for them, and this leads to inflated currency in the local market, adding that the presentation of the new currency, along with the old currency will affect the state of the market, according to economic theory concerning the dynamics of prices. He called Yasiri central bank to take measures and steps to a better version of the new currency. Otherwise describe a member of the parliamentary finance committee, Ahmed Hassan, printing new banknotes as a "waste of time". He said that the currency currently in circulation do not require suitable replacement, calling on the central bank plans to put a positive for the stability of the Iraqi dinar against the U.S. dollar, instead of issuing a new currency to overwhelm the Iraqi market. Considered an economic expert peace Sumaisem, that the decision to replace the Iraqi Central Bank Iraqi currency is a good step, but it is an inflationary pressure in the period of political tension that is currently taking place in Iraq, and with the season approaching parliamentary elections. She said that the circulation of the new currency with no withdrawal of the old currency, monetary inflation would be great in the domestic market. She pointed out: that the central bank issued previously currency monetary metal after the change, but they disappeared from circulation following the establishment of some quarters smuggled abroad to take advantage of mineral makeup which, pointing out: that version monetary metal is a qualitative improvement whatsoever in circulation, but the important thing is the space will be a trading currency. So wholesome saw Elias Abbou adviser North Bank for Finance and Investment, that the subject of the issuance of the new currency will be certain specifications include specifications and lack of safety in cases of fraud will be issued along with the current monetary currency that is pulling the old currency later. He said that this issue is not open and an absolute inject new cash currency without withdrawing the old currency, because this would lead to an increase in prices and create some kind of inflation. The Central Bank of Iraq, announced the re-printing of banknotes Iraq, pointing out: that will be printed with pictures of new and include more protection. He said in a statement that the currency will continue to be traded now, and that the new currency will help the blind to see the value of these groups, explaining: it will be included in the currency of the new dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdul Basit Turki Saeed, with the addition of some security tags. He pointed out: that the current banknotes will continue to be traded with the new will not be pulling rolling them currently or in the future. He explained: that the categories of the 250, 500 and 1,000 dinars added to signs of a new security upon which bristles color visible and invisible signs circular for the visually impaired (blind), in addition to coating banknotes paint shield to protect it from dust, as well as a string ensure width of 1.2 mm. He noted the bank to: it was added capillaries colorful visual and non-visual classes 5000 and 10,000 and 25,000 dinars, and signs for the visually impaired and coating to protect it from dust and thread bar for protection with a picture of the Palm and Animations and colors changing different for different denominations of the three. http://translate.google.com/translate?sl=ar&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.badrpress.com%2Fbadr%2Ffeeds.php%3Flang%3Dar%26page_name%3Dinves%26id%3D22244&edit-text=
  4. Financial Control: Protecting our money in America expires next Bayar Editor Tarek Ammar - Saturday 15 March 2014 11:00 President of the Board of Supreme Audit Abdel Basset Turki Alsumaria News / Baghdad announced the Board of Supreme Audit, Saturday, that the protection of Iraqi funds in the United States ends Bayar next, and at the time that indicated that claims to pay the debts of traders and countries does not pose a threat to the country's resources, asserted that Iraq's Office legal adviser for the defense of their rights. said Chief of Staff Abdel Basset Turki said in an interview for "Alsumaria News", that "the protection of Iraq's money in America end in 22 of the next May, but our money outside the U.S. lifted protection two years ago," he said, adding that "the claims to pay the debts of traders and countries does not pose currently a threat to Iraqi resources . " added Turki said that "the big issues the task that was facing Iraq, particularly in relation to the problem of Kuwait Airways has been solved, and therefore, the concern today about the claims is much less than it was before four to five years of issues that could be raised," noting that "Iraq's ability to defend is the best and there are a consulting firm legal advisers of international specialists to defend his rights." and filed in the "Development Fund for Iraq" all Iraq's revenues from oil exports and withdraw the UN from this revenue ratio of 5%, the compensation awarded to Kuwait for the 1991 war with paid and the Ministry of Finance all of Iraq's debt before receiving government overseeing the "Development Fund for Iraq. was the UN Security Council had committed the Iraqi government at the end of 2009 to develop a plan for receiving tasks overseeing the Development Fund for Iraq of the United Nations the end of 2010, for the Iraq after cum Treasury U.S. federal to ensure immunity by law, the U.S. presidential him and that will protect Iraq's imports of oil from custody by a lot of creditors, which will end this protection during the month of May of this year. noted that Iraq is seeking to cancel the debts arising during the reign of the former regime of Saddam Hussein , amounting to more than 120 billion dollars, which date back to some compensation because of wars waged by his neighbors and some other countries and traders, with some countries demanding the Iraqi government and the merchants need to pay their dues and are threatening to sue in international courts to fund Iraqi imports.
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