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Articles 12-30-2014


Butifldrm
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Abadi: I will introduce the Cabinet foul Act 21

 

Information/Baghdad/..
Prime Minister Haider Abadi, Tuesday, that will be submitted to the Cabinet of hindrances to the implementation of the special law of 21 provinces, as he does not return for decentralization.
He said Al-Abadi told the newspaper "morning" and seen by/information/, that "the Government is giving powers to the provincial councils in the light of the amended Act, and it continues this trend of decentralization".
Abadi, expressed full support for the "working with local governments on the implementation of the amended law of 21 of 2008", saying it "is a reality in the service of the citizen."
He did not return on decentralization to the Constitution ", noting that" during the meeting request from Governors and mayors that accelerate the process of transferring powers according to law. "
Abbadi noted that "will be presented to the Cabinet of hindrances to the implementation of the law of 21 to discuss and find solutions to him."
And on the resources of petrodollars – being free, "said Hassan Al-Abbadi balancing act 2015 included a mechanism for providing oil provinces", stressing the importance

of the process correctly through the cooperation of the Federal Government ministries to make a transfer of powers. " Finished/25

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Law: we will give up the Presidency of the national interests of the country as concession owners

 

 

nformation/special/..
The Prosecutor said the State of law Coalition Mari, Tuesday, that his coalition would step down from the Presidency of the National Alliance if the general interest of the country, as the President ceded the coalition of Prime Minister Nuri al-Maliki.
Badri said the agency/information/, that "the State of law Coalition is the largest bloc within the coalition and a candidate for the Presidency is a writer, we insist on our candidate", stating that "the Coalition does not oppose the nomination of the President of the Supreme Council Ammar Hakim, head of the National Alliance."
"The wise good specification carries, but there are benefits, and that the rule of law is the largest cluster, so you must take the point, but you should choose a suitable personality for President and in coordination between all parties National Alliance".
Badri said "the coming days will be deducted during the Presidency of the Coalition, the Alliance for the great responsibilities as the largest bloc in the House of representatives and the President of the Government, so the Coalition can remain without a chairmanship."
The Attorney of a State law that "all parties in the coalition had the country all agree block", excluding "the disintegration of the National Alliance, we offer the interest of the country first, and if the interest we will give up the Presidency of the Coalition, as did the Chairman of the State law, Nuri al-Maliki when the waiver of the Presidency of the Government despite his electoral benefit." over 25 a

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Ghraoui: Nuri al-Maliki will be called to investigate the cause of the fall of Mosul in case named
 
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Author: ka Editor: br Reporter:
Number of Views: 113
 
30/12/2014 15:14

Tomorrow Press / Baghdad assured the security and defense committee parliamentary member Majid Ghraoui, on Tuesday, the Special Committee to investigate the fall of Mosul will call former Prime Minister Nuri al-Maliki if his name was mentioned during the investigation.

He Ghraoui for "tomorrow Press", "The investigative committee competent to disclose the reasons for the fall of Mosul continues to work in a neutral and professional, without regard to political affiliation or government office," noting that "the work will not be limited to the characters responsible for the fall of Mosul, however Daash guerrilla terrorist only but will highlight the work of the military and security establishment and how to manage in the previous period as well as the reasons that led to the weakness and lack of response to withstand the test of the armed groups. "

Ghraoui He continued that "the Special Committee to Investigate the fall of Mosul will call former Prime Minister Nuri al-Maliki if his name was mentioned during the investigation."

It is said that the investigative committee competent to disclose the reasons for the fall of Mosul, has questioned a number of military commanders and security officials in recent days to reveal the reasons was able to organize Daash terrorist control of the city of Mosul and the subsequent security landslides that left tens of thousands of martyrs and wounded in addition to the more than two million displaced people of the Iraqi people.

The Daash terrorist gangs occupied Mosul, on the tenth of June, security forces pulled out on the orders have been issued from the high points of the time, while not yet clear who issued those orders, the soldiers confirmed that orders in connection with the withdrawal which calls for an investigation to find out negligent and defeatists and accomplices with Aldoaash and hold them accountable, while still Aldoaash Aabon city and harassing residents.

http://alghadpress.com/ar/news/24855/%D8%A7%D9%84%D8%BA%D8%B1%D8%A7%D9%88%D9%8A-%D8%B3%D9%8A%D8%AA%D9%85-%D8%A7%D8%B3%D8%AA%D8%AF%D8%B9%D8%A7%D8%A1-%D9%86%D9%88%D8%B1%D9%8A-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D9%84


 
 
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Iraq Stock Exchange
Iraq Stock Exchange recorded 227 session during the 2014 trading volume reached 901 billion dinars


Author: ASJ, HH 
Editor: AR, HH 12.30.2014 eleven eight a.m. number of readings: 85 

 

Long-Presse / Baghdad

Iraq Stock Exchange, announced on Tuesday, the latest sessions of the 2014 closure of the registration of 227 session during the year and a trading volume of 901 billion dinars, as he emphasized that the number of listed companies reached 83 company.

The Executive Director of the market Taha Ahmed al-Rubaie said in an interview to the (long-Presse), "The last meeting of the market held on Monday, and the index closed it on 92 points, to be the number of meetings held is (227) session, an average of five sessions a week. while the number of shares traded in the same year (746) billion shares, while trading volume reached 901 billion dinars. "

Rubaie said that "the number of shares listed amounted to (5.6) trillion dinars, while its market capitalization amounted to (9.5) trillion dinars The number of listed companies amounted to (83) the company", adding that "the market will resume its sessions on Sunday (January 11 the second in 2015), the fact that next week will be when many of the holidays. "

The number listed in the regular market companies amounted to 73 joint-stock company, shares of 29 of the 54 companies traded, and still nine companies parked the decisions of the board of the stock, for failing to comply with instructions to say and submission of financial statements, as well as two parked for the public bodies, Trading has not been by investors on the shares of eight companies out of 73 listed company on the regular market company.

The number of shares included in the 4631 market shares, market value of 11 537 trillion dinars, and the number of listed companies are 83 companies, and 79 companies traded, and the index closed at 113 150 points.

It is noteworthy that Iraq Stock Exchange was founded in June 2004, operates under the supervision of the board of the Iraqi stock, a board of independent, was established along the lines of the US body was Securities and Exchange Commission and was before the April 2003 called on the current market Baghdad Stock Exchange operated by the Iraqi Ministry of Finance that name, either now They are self-organized, such as the board of the New York Stock Exchange, and the beginning of 2005, Iraq Stock Exchange has become the only exchange in Iraq. When opened in 2004, there were only 15 companies listed on it, and in 2005 was trading at a session of nearly five million dollars and include large Baghdad Bank stock, Baghdad Company for soft drinks, Iraqi carpets and upholstery.

Personal and market spirits nonprofit independent administratively and financially managed by the Board of Governors has the right to own movable and immovable property, including the real estate.

 
 

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Cabinet announces decisions sixteenth regular session

 


Tue Dec 30 2014 15:47 | (Voice of Iraq) - comment.PNGAdd Comment - The Information Office of the Prime Minister Date: December 30, 2014 Session: normal sixteen Cabinet held its sixteenthnormal in Baghdad today (Tuesday, December 30, 2014) under the chairmanship of Prime Minister Dr. Haider al-Abadi, and issued by the Council following decisions: 1.
The Cabinet decided the following: 
1 / Cancel Council of Ministers Resolution No. (1) for the year (2014) and the General Secretariat of the Council of Ministers / legal department take steps to withdraw the appeal Law Amendment Act procedures governorates not organized province No. (21) for the year (2008) before the Federal Supreme Court. 2 / the Supreme Coordinating Committee for Provincial Affairs within thirty days to re-examine the Amendment Act above and propose the necessary adjustments to achieve harmony and smooth flow of work between the central government and local authorities, according to the principles of the Constitution
 
. 2 - The Cabinet has decided to expedite the completion of the agreement with the Islamic Republic of Iran on the demarcation of land and maritime borders. 
 
3. Cancel Cabinet decision 282 of 2013, issued in connection with cancellation of the investment contract awarded to the company (BIOGH British) in Khor Al-Zubair area and the continuation of the Commission to negotiate with the company mentioned to reach a solution Rezai. 
 
4-1 / authorize Chairman of the National Authority for Investment Agency Mr. (Sami Raouf al-Araji) the validity of the signature on the Settlement of Investment between states and citizens of other countries, conflicts agreement based on the provisions of Article (80 / item VI) of the Constitution. 2 / do Ministry of Foreign Affairs to prepare a document authorization required on behalf of the Government of the Republic of Iraq, Mr. President of the National Authority for Investment Agency in accordance with the contexts approved, and submitted to the General Secretariat of the Council of Ministers in order to obtain the signature of the Prime Minister. Information Office of the Prime Minister December 30, 2014


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Cabinet decides to withdraw the appeal Law Amendment Act No. 21

BAGHDAD / Source News / .. Council of Ministers announced on Tuesday to withdraw the appeal Law Amendment Act governorates not organized province.

The council said in a statement Agency / Source News /, that "received the Council of Ministers decided in its sixteenth normal in Baghdad today, headed by Haider al-Abadi Cancel Resolution No. (1) for the year (2014) and the General Secretariat of the Council of Ministers / legal department take the necessary steps to withdraw the appeal procedures Amendment Act governorates not organized province Law No. (21) for the year (2008) before the Federal Supreme Court. "

"The Council also decided that the Supreme Coordinating Committee for Provincial Affairs within thirty days to re-examine the amendment above the law and propose the necessary adjustments to achieve harmony and smooth flow of work between the central government and local authorities, according to the principles of the Constitution."

He said he decided to abolish the Council of Ministers Resolution 282 of 2013, issued in connection with cancellation of the investment contract awarded to the company (BIOGH) British in Khor Al-Zubair area and the continuation of the Commission to negotiate with the company mentioned in order to reach a consensual solution.

He noted that the Council decided to authorize the President of the National Authority for Investment Agency Sami al-Araji, the validity of the signature on the Settlement of Investment between the states and the citizens of other countries, conflicts agreement based on the provisions of Article (80 / item VI) of the Constitution and the Foreign Ministry to prepare a document authorization required on behalf of the Government of Iraq to Aargi according to contexts approved, and submitted to the General Secretariat of the Council of Ministers in order to obtain the signature of the Prime Minister.Finished / 19 i 

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Cabinet authorizes Araji power to sign the Convention on the Settlement of Investment Disputes

Date: 30/12/2014 16:31

 

Information / Baghdad / .. 
authorized the Council of Ministers, on Tuesday, President of the National Authority for Investment Agency Sami Raouf al-Araji, the validity of the signature on the Settlement of Investment between the states and the citizens of other countries conflicts agreement, as approved by the Ministry of Foreign Affairs to prepare a document authorization required. 
A statement by the Prime Minister's Office Haider Abadi and received by the agency / information / copy of it, that "the Council authorized during its meeting held today, President of the National Authority for Investment Agency Sami Raouf al-Araji, the validity of the signature on the Settlement of Investment between the states and the citizens of other countries conflicts agreement." 
The statement added that "The Board approved the establishment of the Ministry of Foreign prepare a document authorization required on behalf of the Government of the Republic of Iraq to the President of the National Authority for Investment Agency in accordance with the approved contexts, and submitted to the General Secretariat of the Council of Ministers in order to obtain the signature of the prime minister, ".anthy / 25 h
 
 
 
 
 

 

Economic parliamentary: more than 40 trillion of cash in the Iraqi market

 

Date: 30/12/2014 18:33

 

Information / special / .. 
Committee announced its economy and investment representative, on Tuesday, the existence of more than 40 trillion dinars liquidity in the Iraqi market as well as more than half of the amount of reserves with the Central Bank of Iraq. 
She said committee member and fulfillment in a fight, told / information / A " There are a lot of liquidity material in the Iraqi market is likely to ease the economic crisis and the budget deficit. " 
She added that "the amount of liquidity in the market is currently estimated at more than 40 trillion dinars in the private sector." 
reported that "the central bank has to reserve more than half of liquidity in the Iraqi ".anthy / 25 and markets
 

 

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BAGHDAD - ((eighth day))

Chairman of the Parliamentary Finance Committee MP Ahmad Chalabi revealed appoint a central bank director daughter university certificate forgery.

Chalabi said in a statement on their profile "Facebook" I followed the agency ((eighth day)): Ali Mohsen Keywords former Secretary General of the Council of Ministers and the present director of the Central Bank has appointed his daughter forged certificate where it has junior certificate and the same university certificate forgery.

He added that the "Keywords give a piece of land in Kazimiyah also gave his wife a piece of land after also appointed in the General Secretariat of the Council of Ministers earlier in the Maliki government.

The Secretary General of the Council of Ministers on the relationship has been appointed director of the Central Bank several weeks before the end of the period of the Maliki government, and now runs the Central Bank acting work. Ended p. D


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Highlighted the economic events of the year 2014 in Iraq

 

 

         


12/30/2014 0:00 

BAGHDAD Mustafa al-Hashimi 
2014 year saw a number of important and positive economic events that indicate the possibility of achieving stability in this area which would open new economic prospects strengthen see the world to Iraq as a yard and promising to work, investments and summarizing economic researcher state just the most prominent important economic events in Iraq in 2014, saying: Perhaps the decline in global oil prices last September and its repercussions on the most important economy of the country events experienced during 2014, falling to below $ 60 a barrel, 
said in a statement »Sabah» that the government program is the most prominent economic events being focused on the activation Economic significantly Profile in addition to being the first great attention to supporting the private sector and the need to take a role in the development process. 
They pointed out that the decline in growth rates and the implementation of projects in some provinces after the events of the ninth of June, is the other is economic event as well as the expectations of the International Monetary Fund experts low growth rate in Iraq by about 0.5 percent this year, mostly due to the economic impacts of the attacks organization «Daash». 
She stressed economic researcher that the beginning of the development of economic sectors and to maximize the financial resources of the non-oil sectors is the most prominent public events where such launch third-generation telecom license Mobile in November, notably, which opened the way for the exploitation of non-oil resources in achieving high financial revenues of the budget. 
They believed that the transport sector is the other has witnessed important events, where Iraq received a number of modes of transportation represented aircraft passenger Boeing type and trains Chinese transfer along with entry of ships steamers to maritime transport, adding that these events will promote investment opportunities in the transport sector, including contributing to the achievement of additional financial revenues from fields other than oil, too. 
just said the oil agreement principled between the governments of the center and the province sent signals reassuring to the world that Iraq could overcome the difficulties and challenges economic understanding and dialogue. 
She noted that the completion of the budget law as early as the government side, waiting voted on by parliament is a positive step counted in favor of the government, as well as it is one of the most prominent economic events in Iraq. 
She concluded by saying that failure to approve the 2014 budget is also notable economic events that have passed on Iraq this year.
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Council Babylon : Results Conference Basrafruitful and everyone gave arguments
 
Editor Hussein gesture - Tuesday 30 December 2014 19:08
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Alsumaria News / Babylon 
The president of the province of Babylon Raad Hamza al-Jubouri, on Tuesday, that the results of the meeting of Prime Minister Haider al-Abadi governors and heads of councils in the province Authority Basra were fruitful and everyone gave arguments about the development of the reality of the provinces, noting that al-Abadi promised to study the working paper presented by conservatives about the reality of investment. 

Jubouri said in an interview for "Alsumaria News", "The conference, which was held in Basra province with the Prime Minister and attended by 10 governors paragraphs important first discussed the transfer of powers and activation of Article 45 of the last provincial councils law number 19 for 2013 and submit a request to withdraw the appeal submitted by the previous government "noting that" it was agreed that the road map to activate the law in accordance with the timings and taking powers to the provinces. " 
 

 

Jubouri said that "the prime minister promised the implementation of the working paper submitted by the province of Babylon Council after accepting of conferences regarding the advancement of the investment, which was accepted by everyone," explaining that "paper contains several paragraphs, including activation of the single window and complete the approvals before the announcement of the investment opportunity that will shortcut time and create an attractive investment opportunity, and put forward the idea of ​​funding the establishment of a bank on investment, development and determine its usefulness to investors does not exceed 2% instead of the benefits of the banks which is 10%. " 

Jubouri said that "conferences asked the head of the National Investment Commission Sami al-Araji, provide a full study on the laws that began in the era of socialism has shown the sixties and seventies of the last century, which was experienced by the country which is inconsistent with the reality of the current economy, which is the reality of the capitalist and the enactment of new laws in line with the new reality to be presented to the Cabinet and then to the House of Representatives. " 

Jubouri and pointed out that "the province of Babylon Council demanded the Prime Minister Haider al-Abadi activate an oil refinery in the province of Babylon, according to the new data," stressing that "the outcome of the meeting was fruitful and everyone gave arguments about the development of the reality of the provinces, where the Prime Minister promised to study the working paper presented by the Conservatives about the reality of investment. " 

The Cabinet decided on Tuesday to withdraw the appeal Law Amendment Act governorates not organized province. 

The Prime Minister Haider al-Abadi, pledged on Monday (December 29, 2014), local governments in the ten provinces of the withdrawal of the appeal by law provinces No. 21 for the year 2008 the rate that gives those governments broad powers and who was stabbed by the former Prime Minister Nuri al-Maliki before the Federal Court, and came Abadi pledged through the upper coordinating body for provincial councils meeting held today in the province of Basra.

EVERYTHING IS INTERCONNECTED....THE AMENDMENTS TO PROVINCIAL LAW 21 IS AT ROOT THE MOST IMPORTANT NOT ONLY FOR EACH PROVINCE TO CONTROL THEIR OWN ECONOMIC DESTINIES, BUT ALSO IT GIVES EACH RESPECTIVE PROVINCE POWER OVER THE NATIONAL GUARD AND MILITARY CONTROLS. SO, WHEN WE SEE DISCUSSIONS ABOUT ECONOMIC DEVELOPMENT, LAWS, ETC....WE KNOW THAT IF LAW 21 GOVERNS THESE ASPECTS, THAT THERE TOO MUST BE CONTROLS OVER THE PROVINCES AT A FEDERAL LEVEL, WHICH WE WOULD SEE ENACTED VIA THE FEDERATION COUNCIL - IT SEEMS AS IF IRAQ IS TRYING TO ADDRESS MANY LAWS AND CONTROLS AT ONCE...LETS NOT FORGET THE AMNESTY LAW (THIS IS CRITICAL) AND FOR THE GOI TO GET CONTROL OVER WHAT'S HAPPENING IN THE FEDERAL COURTS...THIS, IMHO, IS CRITICALLY IMPORTANT

 

THERE'S MUCH TO DO...IT SEEMS THEY'RE HANDLING IT...BUT REMEMBER, IT TOOK MALIKI 8 YRS TO DESTROY THE COUNTRY, AGAIN, IMHO, RESTRUCTURING/RESTORING IRAQ IS NOT GOING TO HAPPEN RELATIVELY OVER NIGHT. AGAIN JMHO

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 International Monetary Fund and the budget for 2015

By: Fatima Hassan

 

 

 

 

More than two months and oil prices down sharply and this is because America wants it represented the oil companies and giant owners of influence and money Americans because there is buy oil from terrorist elements lowest price and this and that were not great the rivers affected the market as The willingness of Saudi Arabia to increase the export of additional quantities of Oil is another reason for the drop in oil prices.

 

 

In fact, Iraq has a budget deficit is said to be the most important causes of lower oil prices, but Signal did not hold that the 2014 budget did not recognize and did not provide any final accounts of what happened in the year mentioned, and it is said that people in Maliki's government and al-Maliki himself stole the equivalent of 20 billion dollars except tower in exchange for a table Gelle Masrv of aliens and phantom projects and the salaries of parliamentarians and members of the ultra-high government contracts and other armament phantom in which the waste of billions of dollars.

 

 

 

The new budget is about the declaration within the House of Representatives and a deficit of more than $ 25 billion and the IMF stands ready to lend to Iraq and this is what I referred to in a number of previous article means that the international oil companies are playing a dangerous leaves to reduce oil prices at an undisclosed cooperation with IMF International and the latter he is willing to give the ancestor of Iraq.

 

 

 

I would not say that does not resort to the International Monetary Fund, but say that more than $ 800 billion wasted in Iraq during the rule of the corrupt and did not see any facet of development in Iraq because they were stolen from Iraq's budget, which requires that being Posting to this attrition of public money put and must put an end higher These loans that are being disbursed according to a clear and well thought out principles and consequently there will be investments to the benefit of the Iraqi citizen. Ordinary main concern first safety and security and will suffice pain and deprivation and has Amany to live in dignity and to eliminate Daash gangs and this will not object to the issue of loans, both from the International Monetary Fund or other despite our conviction that it loans unfair terms and it must conduct these loans for the benefit of the citizen ... ..

Fatima Hassan

 

 

 

 

 

 

 

 

 

 

IMF does not offer one dollar without budget

December 30 2014
 
Iraq faces a potential financial crisis with the ongoing costs of the war costs
 
 
 
 
 
 
 
 
 
Baghdad Borzou Dragahi
 
Iraqi and international officials and economists say the funding crisis looming Iraq threaten the country's ability to withstand the ongoing war against al-called "Islamic state", which swallowed up large tracts of the country expenses.
 
In spite of the high oil revenues, and with huge reserves of up to a few billion dollars, which was left over from Akiem projects, which have not been completed or implemented, but that Baghdad general expenses to worry about the state to the extent of confusion, which is part of the legacy of the last years of the rule of Prime former Iraqi Prime Minister, Nouri al-Maliki, as well as the continuing decline suffered by world oil prices.
 
Iraq and general expenses rose to unprecedented levels, where the government pays high salaries and spending on food and fuel support programs in a way to consume more than 70% of the general budget of the country. As well as this, it is necessary to Baghdad from financing the reconstruction and restructuring of its security forces and military dilapidated, which collapsed in the face of militia Daash last June, after years of corruption and mismanagement in spite of billions of dollars, which has invested in the training, equipping and arming of Iraq's money practical activities and American taxpayers.
 
Also on Baghdad, said the allocation of significant resources to train and subsistence and pay the salaries of hundreds of thousands of Iraqis who have volunteered to fight al Daash. The cost of the ration displaced totaling 1,000,075 thousand, especially those who have fled north and west of the country, amounting to $ 500 million a month.
 
He says Louay Khatib, the founder of the Iraqi Energy Institute and a fellow at the Brookings Center in Doha, said that "these people in dire need of urgent attention and intense, and those associated with the importance of the need for ongoing military campaign."
 
As the Baghdad provincial government owes to the future with a few semi-billion dollar frozen by the former Iraqi government at the beginning of the current year due to sharp differences over the financing and export of oil.
 
It has exacerbated the current crisis that the Iraqi parliament failed until now to pass the budget year 2014, despite more than 10 months have passed since the beginning of this year, where the government is still working on the budget last year 2013, projections earlier, with the expectations of Iraqi production of oil lower and prices of international oil dropped below $ 90 per barrel. On the other hand, very few officials have accurate and detailed information about what is actually owned by Iraq's money, as well as spend or obtained it, and despite the fact that most economists estimate the current imports of Iraq's $ 7 billion a month, almost exclusively in the crude oil exports abroad.
 
Asks economist at the United Nations, the Organization of Economic Mission in Iraq, Ashraf Abdel-Aal, saying, "How long can the country afford this situation?" He believes that "not able to freeze the economy forever. This case represents a stark picture of the corruption. Finance Management System General is very weak. In fact, there is no system at all. As it is there is no system to calculate the percentage of completion of the budget in order to measure the true performance of the government ".
 
For their part, economists expresses deep concern over the year 2015 is expected Iraq to move the entire deficit.
 
Although Baghdad can borrow on the basis of its reserves, but that means it will face the risk of escalation of high inflation, which would weaken the local currency clearly.
 
Commenting Khatib said, "Once the government deliberately, the Iraqi dinar will begin to crumble."
 
Iraq that also is able to reallocate and rotate the remaining funds from development projects, which was not possible to accomplish because of the deteriorating security situation and the lack of administrative capacity required. But no one can say for sure by those filed with the extra money on many projects within all the provinces of the country.
 
In the meantime, Iraq without the adoption of the budget can not move, he was walking and running in a state of darkness and applied by, but lose because of it even potential supporters.
 
He says Abdel-Aal, commenting that "the International Monetary Fund will not make Iraq one dollar until the approval of the budget."
 
He adds, "There is no credibility in the Iraqi financial system, absolutely."
 
The estimated rate of economic growth in Iraq, 6.9% for the current year, down from 9% rate expected by analysts and observers basis, which means a deterioration combined with the current conditions of war, which would put the country's economy and financial situation in more forestry position.
 
He said the International Energy Agency's last report that Iraq is certified to export to an estimated 3.4 million barrels of crude oil per day for the current year, but the current production shrank to 2.3 million barrels per day in the month of August last, with the exception of the oil fields under the control of the province.
 
Khatib says that Iraq "can finance this war, but it will come at the expense of development and reconstruction projects."
 
Although the country has long suffered from the spread of images mismanagement and corruption, but the current problems exacerbated the deterioration of the current situation coupled with the struggle to counter the threat of regulation Daash.
 
In return, it seems that the prime minister, who previously served as Chairman of the Finance Committee in the House of Representatives, knowledgeable and informed the financial situation of the country is difficult, as confirming the familiar and economists specialize.
 
On the other hand, after the takeover regulation Daash Mosul last June, some of the senior Iraqi officials deliberately to invite a group of economists request for help and advice in the management and treatment of the current situation. One of the experts present and was part of that meeting is Basil Anton, who serves as vice president of the Iraqi Economists Association, said that government officials "do not need you to adopt the war economy at the current stage."
 
He said Anton, saying that "the organization Daash not just an ordinary group. It is an economic power, check the benefits, according to the current problems of Iraq."
 
Said Anton, "we do not have industry and agriculture. As we import annually goods with an estimated 75 billion dollars, while not produced in our labs and our farms little. So, you will not be able to continue on this situation what we did not get rent from local production. If slowed production or lower global oil prices, Iraq will be in great danger. "
 
 
* News in the Financial Times

Iraq plans to borrow $ 5 billion from the «International Monetary»
 
 DECEMBER 22ND, 2014
 IN 1778 THE NUMBER OF READINGS
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«Fund» stipulated cut the budget deficit 
Baghdad morning's New: 
Parliamentary Finance Committee revealed that the International Monetary Fund, which the federal government intends to borrow from it, has the conditions for lending to states not to exceed the budget deficit in the country ceiling of 15 trillion dinars », indicating that« The Iraqi government plans to borrow $ 5 billion from the International Monetary Fund ». 
The Commission decision Ahmed Rashid flesh, that «Iraqi oil is sold, during the last few hours, dollars with 53 per barrel», stressing that this level of prices «a real reasons why government not to discuss the budget for next Thursday in addition to the pressures of the Central Bank of Iraq need to deficit treatment before resorting to external borrowing ». 
He explained the decision of the Finance Committee that the «International Monetary Fund, which the federal government intends to borrow from him, he has the conditions for lending to states not to exceed the budget deficit country ceiling of 15 trillion dinars », pointing out that« the Iraqi government plans to borrow $ 5 billion from the International Monetary Fund ». 
On the other hand, showed the IMF is ready to provide advice and financial assistance to Iraq once the violence which, as pointed out that the violence in Iraq has led to the destruction of the economic activities in which creating a major economic crisis to neighboring countries. 
The deputy director of the Middle East Department of the International Monetary Fund Adnan farmers, in a press statement, said that «the crisis in Iraq, a major humanitarian crisis that has led to the displacement of thousands of people and the destruction of its infrastructure», referring to the that «the violence which led to the destruction of economic activities and create a major economic crisis to neighboring countries.» Growers and added that «the IMF is providing advice to Iraq and the countries that suffer from the effects of the crisis». 
He said farmers he «Once cessation of violence, we are ready to provide technical assistance and advice, and if you want to countries in financial aid The International Monetary Fund is ready for submission», indicating that «the Fund has three areas to help The advice in economic policy, and support in raising the government capacity, in addition to providing loans and financial aid ». 
The federal budget for Iraq, which depends on oil exports by 95% affected significantly after the drop in oil prices to below $ 65 per barrel after reaching these prices to $ 120 per barrel during the first months of this year

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I JUST THOUGHT THIS WAS FUNNY,...CIRCULATED IN IRAQI NEWS, BUT NOT SO MUCH OUR NEWS





 

Obama waits grandchildren illegal and express its support for the position of daughter


  • Agency eighth day
  • December 2014, 10:58 30
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Follow-up - ((eighth day))


"Obama is in shock." This is reported by news sites about the reaction of US President Barack Obama, when he learned that his eldest daughter, Malia, aged 16 years, pregnant with an illegitimate child.


These sites also confirms that all members of the Obama family in shock, especially since the financial refuses to disclose the identity of her boyfriend and father of the child, while a source close to the White House confirms that someone "white-skinned".


In spite of the intense feelings of shock, but the US President decided to resort to a political liberal template to express his position, expressed support for the step, which turns out his daughter, suggesting that the man is dealing with it like a political issue rather than a family.


The Jeddah future Michelle Obama has revealed contradictory feelings one hand, it also shocked about the pregnancy of her daughter in the early conflicts with what was planned, but that did not prevent her sense of happiness, noting that the White House did not witness the birth of children since 1984.


Pays close to the White House Source importance to the color white financially for a friend, as this source is likely that the baby is expected will be white, note that the desire Michelle Obama was that her daughter family linked to later, but it seems that the wind came as no heart desires First Lady of America ships ,


 


This interaction and activists with the news by asking whether Barack Obama's ambition was to impose its control outside the borders of his country projects .. While the man to control the individuals and small family fails.






President Obama’s 16-Year-Old Daughter Malia Confirmed Pregnant

Posted on November 28, 2014 by Angela Baker in HeadlinesPolitics



WASHINGTON, D.C. - President-Obamas-16-Year-Old-Daughter-Ma


In what promises to be the biggest White House scandal since intern fellatio, President Barack Obama’s daughter, 16-year-old Malia, has confirmed that she is pregnant.


Sources say Malia is now in her second trimester. Mother and First Lady, Michelle Obama, says that although she will be a grandmother much younger than she planned, teen pregnancy runs in the family.


“On her father’s side of course. My mother-in-law had Barack when she was 18, so I see where Malia gets it from. I’m just so excited to decorate the nursery. The White House hasn’t seen a baby since oh, 1884 or so.”


For now, Malia is staying hush-hush about the father’s identity, but one thing she would say is that he is white. “My mom always hoped I would get with a nice mixed-race man like dad, but love is so colorblind. Mom was probably right though. The dad already left me for some tramp. And of course, like all white men, my baby-daddy won’t want to pay his child support. I already told him, ‘You want to keep your license so you can drive that bleach-blond tramp around in your little Jaguar, right? Better step up.’”



Despite her future motherhood, Malia is still considering her college options. “It’s not like Stanford or Berkeley are going to, like, turn me down for being a teen mother. Hello, I’m the president’s daughter. This doesn’t ruin my plans for a future at all. I can probably get a book deal out of this in a few years. MTV already offered to give me my own show, White House Baby-Momma-Dramaor something stupidly titled like that. I was like, no way – that’s so white trash.”


President Obama says he is being supportive of his daughter, despite being as outraged as any father would be if his young daughter announced an unexpected pregnancy. “We’re all very relieved this little blessing happened, and thankfully in my second term.” When asked about his daughter’s ex-boyfriend, he replied, “He’s just lucky I didn’t have him erased. Don’t mess with the Commander-in-Chief, homeboy. Ever hear of the Secret Service? Regardless, we’re sure he’ll come around.”




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Abdul-Mahdi, calling for harmony concepts and laws and professional competence in dealing with the financial and banking issues
History of edits:: 2014/12/30 22:25 • 27 visits readable
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{Baghdad: Euphrates News} called Oil Minister Adel Abdul Mahdi, the need to harmonize the concepts, laws and professional competence in dealing with the financial and banking issues.
Said Abdul-Mahdi said in a statement the agency {Euphrates News} received a copy of the "Audit Bureau costly oversight and scrutiny of transactions public spending and collecting resources and prevent waste of public money, and to express an opinion on the consolidated financial statements .. The report is not a judgment, but an audit and record the reality of the certificate, The likely response and clarification and correction, as potentially responsible parties demand of opening of the investigation and take appropriate action .. which requires respect, respect; like other laws, including the Central Act. 
"The bank employees immunity {Article 23/1} the law in force .." not exposed to any member of the Board or any employee or agent of the Central Bank of the Iraqi legal repercussions or is personally responsible for any damages occurred due to any negligence or conduct issued him during the performance of his duties or for the sake of Tadath official functions that fall within the scope of his job and obligations set him under this law ".. and the competent court to do that is" a court of financial services, "already existing Bakdadtha appointed by the Minister of Justice {Article 63 of the Bank}. and many may consider immunity coverage of crime and corruption .. while it is a guarantee for the implementation of duty and sentenced to specialists who not only. 
And he finished by saying, "economic crime and acts of the former smuggling have a clear definition .. centered violation of foreign exchange instructions .. The current monetary and economic philosophy emphasizes the freedom of movement of capital and the conversion .. and blocked the restriction which is objectionable, according to the Constitution and laws and regulations and international obligations of the window. 
He pointed out that "the conversion of Aanhsr import .. it is right for investment and savings, travel, study and treatment, etc .. We no longer need to obtain ordered the transfer, but carries Danarena ordered the conversion itself as a hard currency .. and auction channel it .. which is what other countries across banks and stock exchanges .. This -bdon evidence Akhary- not smuggling or Gusala .. and not coming investors to Iraq to become smugglers .. If there was one of the determinants of import or other, Valmswol by departments and other institutions .. The bank and its staff are responsible for compliance with laws and regulations in force in the limits responsibilities and powers .. and if there were violations of the money laundering, we have five departments to monitor the currency laundering .. There was nothing about our knowledge. 
He concluded by saying, "What we are asking is harmony concepts and laws and professional competence and justice and not anything else." Calling Alataad to prevent sentencing hasty, would receive extensive damage, and lose Adlatna and credibility, then we are forced to retreat from those provisions. " 
The Iraqi judiciary issued on 4 September 2014 and sentenced in absentia to prison for seven years against the former Central Bank Governor Sinan al-Shabibi based on the charges against him during his administration of the Central Bank. 
While issued a Specialized Criminal Court in integrity issues in the 22 of this month a decision to release former central bank governor Sinan al-Shabibi and the dissolution of a default judgment was issued against him, for lack of evidence ".anthy
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BING TRANSLATION
 
Abdul-Mahdi calling for harmony concepts, laws and professional competence in dealing with banking and financial issues

 

Tarikh square:: 2014-12-30 22: 25 – 30 times his read

 

Abdul-Mahdi calling for harmony concepts, laws and professional competence in dealing with banking and financial issues

 

{Baghdad: Euphrates news} oil Minister Adel Abdul Mahdi need harmony concepts, laws and professional competence in dealing with the financial and banking issues.

 

Abdul-Mahdi said in a statement received {forat news} that "the Court of Auditors responsible for the audit, inspection and control of public expenditures and the collection of resources and prevent the waste of public money, and opinion and financial statements. And reports are not a ruling but scrutiny and reality and certificate, and possibly reply and clarification and correction, it may request the authorities to investigate and take appropriate action.. Which must be respected, as must respect other laws, including the Central Act.
 
 
"The Bank staff immunity {article 23/1} to law.."No Council member or any employee or agent of the Central Bank of Iraq legal liability or is personal responsibility for any damages occurred due to any negligence or released him while performing his duties or for performing official tasks falling within the scope of his job and its specific obligations under this Act. ". The competent court is the "Court of financial services, already existing judges appointed by the Minister of Justice {article 63 Bank}. And many may consider immunity covering crime and corruption. While the guarantee of implementation and provision of experts only.
 
 
Fuller said "economic crime and smuggling already has a clear definition for. Centeredagainst external transfer instructions. Either the current monetary and economic philosophy, underlines the freedom of movement of capital and the transfer. The block and its restriction is a violation, in accordance with the Constitution and the laws and regulations and international obligations in force.
 
 
He noted that the "conversion not be limited to import a. It is the right investment, savings, travel, study, treatment, etc. We no longer need to obtain a conversion, but carry our dinar is same as convertible currency.. And the auction channel so. .. It is what other States over their banks and stock markets. .. This-no other evidence-no smuggling or washed in. Otherwise investors coming to Iraq smuggled in. If there are parameters for the import, etc., are the responsibility of departments and other institutions a. The Bank and its staff are responsible for compliance with the laws and regulations in force within their responsibilities and powers a. If there are violations laundering we have five laundry control coin.. No nothing to our knowledge.
 
 
He said: "what we are asking for is consistency of concepts, laws and professional competence, fairness, not anything else."Calling alataad to prevent hasty judgements, it gets heavy damage and lose adlitna and our credibility, and then have to undo those provisions. "
 
 
The Iraqi judiciary issued on 4 September 2014, sentenced in absentia to seven years in prison against former Central Bank Governor Sinan Al-Shabibi on the charges against him during his administration of the Central Bank.
 
 
While criminal court specialized in issues of integrity in 22 of this month's decision to release former Central Bank Governor Sinan Al-Shabibi and dissolution verdict was issued against him for lack of evidence. "over
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Abbott in Baghdad on Sunday

 

 

         


12/31/2014 0:00 

BAGHDAD Alaa al-Tai 

Scheduled to Australian Prime Minister arrives in Baghdad on Sunday, to discuss ways to enhance bilateral cooperation between the two countries in the fields of economy and investment security.

He revealed the beginning of a government source, the "morning" that "the Prime Minister of Australia, Tony Abbott will arrive in Baghdad on the fourth of next January on an official one-day visit to continue to meet with his counterpart Haider Abadi, and a number of officials in the state, to discuss bilateral relations and the war against terrorism." 
The source noted that next year will see the arrival of a number of presidents and leaders of the Arab and Western European countries, an expression of their desire tireless efforts to support Iraq and to contribute to the eradication of terrorism and "Daash" and support the government in orientation and mobility diplomatic openness regionally and globally to serve the interest of the country and enhance the prospects of cooperation economic and security.

 
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The latest electronic systems for the management and archiving

 

 

         


12/31/2014 0:00 
 

Stock adopted during 2014 to follow up trading data 
 BAGHDAD - Hussein Tgb 
worked Securities Commission to audit the financial statements of listed companies and brokerage firms and the extent of compliance with the regulations, instructions, and the Iraq market in terms of its application of the law and rules of procedure and its contribution to the creation of a fair and transparent trading, and it allows investors to trade and the protection of their money and the commitment of companies listed on the stock market laws relevant accounting standards and audit evidence and instructions of the Authority in terms of content and issued within the periods specified in the Securities Act. 
 

In order to achieve transparency and fairness in dealing with securities in the market, the Commission take the necessary measures to make observations to clarify or correct the deficiency or error in the data and information provided or, if necessary, warning, fines or other appropriate sanctions. 
 

The head of the d. Abdul-Razzaq al-Saadi said in an interview for "morning" that work during the current year to ensure audit of the final accounts of the brokerage firms that number (47), as well as the quarterly accounts of those companies, and check balances Mrajatha and that number is (564), as well as follow-up to the disciplinary committee decisions and the Hearing Committee in market, amounting to more than (80) decision and demand of the market re-investigation with companies in the absence of conviction in the investigation.   
 

He said the body activity for this year to ensure the follow-up received the annual financial statements and quarterly provided by the joint-stock companies (mixed and private) listed on the stock market , where it made ​​(42) annual data company within the specified period, and 28 companies submitted their late, pointing out that the six companies halted trading of its shares on the stock exchange.  
 

Saadi between that of the body functions this year keep pace with advances in information technology, according to the possibilities available, where it was connecting the body of electronic trading with Iraq Stock Exchange system through a network link (WAN) using the latest hardware, making the transition measures to e-government by building electronic data center and use of the latest electronic systems for managing and archiving e-reports of electronic trading.  
 

It also has been building and updating the website and dissemination of all financial statements of listed companies in the financial markets and instructions for trading, where the number of visitors million visitors exceeded during the year, and pointed out that the number of companies that submitted their quarterly within the specified period (61) company, as provided (8) data companies late and fined . Noting that the number of fines imposed on companies due to delay submission of accounts for the year 2013 was less than the previous year, reaching this year's (28) company while he was in the previous year (32) company, and reached demurrage accounts quarterly through 2014 (8) companies in the while (16) the company during the previous year, indicating an improvement in the level of performance of the companies. 
 

He initially for 19 new joint-stock company to accept and it is hoped circulation early next year. 
He said al-Saadi that the Commission is following the meetings of the General Authority number (77) meeting and the inclusion of companies and to stop re-listed and traded in the stock market companies, because of the General Assembly meeting in accordance with the instructions drawers. 

He noted that the net foreign investment in the local bourse exceeded 989 million dinars. 

 

 

REFERENCE/REMINDER POST
 
 
The last trading session of 2014 Monday, 29.12.2014 and the first trading session of 2015 Sunday, 11/01/2015 
12/28/2014 06:08
Further to Bektaibna No. 2196 on 12.15.2014
According to the Central Bank of Iraq No. 1610/23 on 12/21/2014 included: direct bank branches not to send and receive electronic instruments to two (7-8) / 2015/1 on the occasion of renovation Iraqi payments system by the Central Bank of Iraq.
Board of Governors decided to be the first trading session of the new year on Sunday, 11/01/2015

:bravo:

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 Shawki: we will do the tax code and not imposed by the owners of low-income ones safe
  • Agency eighth day
  • December 2014, 16:17 30
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BAGHDAD - ((eighth day))   He Legal Committee member Salim Shawki will be activated tax law and not imposed by the owners of low-income safe from these taxes.   He said Shawki told ((eighth day)): The tax Headquarters law by Parliament, but has not done in previous years and will be activated in the coming period and that this law does not affect the low-income owners and does not affect a large impact on the owners of monies headers.   He added that the law is going to do through the collection of electricity, water and service charges as well as on modern vehicles where it will be taxed them (15%) of the price of the car.   He will save part of the staff who have their salary more than a million and a half and will be a deduction rate salaries (10%) of the nominal salary, which increases his salary to one and a half to three million limit will be deducting a percentage (20%) of his salary nominal and so will be back this amounts to staff within a year or two years if the end of the financial crisis. Ended p. D

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Financial representative: national savings includes staff who are over paid 1.5 million dinars

 

 information/Baghdad/..
The parliamentary Finance Committee, confirmed Saturday that the NPF staff over their pay 1.5 million dinars and exclude low-income, indicating that this decision will save the State $ 2 trillion Iraqi dinars.
A member of the Finance Committee abdulqader Omar agency/information/, that "the General Federal Budget Bill to 2015 include deduction from salaries of State officials as setting aside", stating that "the process of saving all State employees, whether civilian or military."
Omar pointed out that "saving does not include young staff, but staff who are over paid 1.5 million dinars by the NPF", stating that "this decision will save the State $ 2 trillion Iraqi dinars".
And the age of the "saving system refers to a discount of 10% of the monthly salary of those million and a half to two million Iraqi dinar and 40% of those receiving a monthly salary of 2 million to 3 million above the amount saved will be returned after seven months of operation savings".
The House was finished, Thursday (December 25, 2014), the first reading of the draft budget law, which he took from the Cabinet, raising its budget to special seventh from January next year.
The Cabinet approved, in (December 23, 2014), on the draft general budget law for the year 2015, with their perform pilgrimage 123 trillion dinars, in the form of a Ministerial Committee to make some arrangements before that sends it to the House. Finished/25 St

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