Thread: Iraq/Dinar News Before Febuary 12th, 2006

OK, now I'm ready to see that the second reading of the oil has occurred. You think we'll see that today?

Update
Voices of Iraq : Parliament-budget-ratification (by the first)
كتب: kawthar في يوم الخميس, 08 فبراير, 2007 - 06: 48 PM BT
Kawthar wrote : On Thursday, 08 February 2007-06 : 48 PM BT
مجلس النواب يصادق بالأغلبية على موازنة 2007
The House majority to approve 2007 budget
من كوثر عبد الامير وسانتا ميخائيل
From the hushed Abdulamir and Santa Mikhail
(لاضافة تفاصيل واختتام أعمال الفصل التشريعي ال ثاني)
(To add details and closing of the chapter of the Legislative 2nd)
بغداد-(أصوات العراق)
Baghdad - (Voices of Iraq)
صادق مجلس النواب العراقى في جلسته اليوم الخميس ب الأغلبية على موازنة عام 2007ونقل 5 % من مخصصات ال منافع الاجتماعية لرئاسة الوزراء ورئاسة الجمهو رية ومجلس الامانة العامة الى مخصصات المنافع الا جتماعية في مجلس النواب، فيما أعلن رئيس البرلمان رفع الجلسة واختتام اعما ل الفصل التشريعي الثاني.
The House of Representatives approved its Iraqi today, Thursday, b the majority of the budget in 2007 and the transfer of 5% of the allocations social benefits of the prime minister and the presidency Jamho Rayya, the Council Secretariat to the allocation of benefits only Jtmaeih in the House of Representatives, the Speaker announced the adjournment of the meeting and conclusion of Ama told the Legislative Chapter II.
وكانت مخصصات المنافع الاجتماعية لرئاسة الوزرا ء ورئاسة الجمهورية أحد نقاط الخلاف بين الائتلاف العراقي الموحد والتحالف الكردستاني .
The provision of social benefits to the presidency Alozra automatic and the presidency one points of disagreement between the coalition united Iraqi Alliance of Kurdistan.
وبلغت الموازنة العامة (42) الفا و(64) مليارا , و(530) مليونا ,و(267) الف دينار عراقي.
The general budget (42), Alpha (64) billion. , (530) million, (267) thousand Iraqi dinars.
وتمت عملية التصويت على الموازنة من قبل النواب ال ذين حضروا الجلسة وعددهم (157) عضوا بندا بندا.
The voting process on the budget before the House of Representatives those who attended the meeting and the (157) member itemizing.
وتضمنت الموازنة معالجة العجز الحاصل فيها من الف ائض من الموازنة العامة للعام الماضي , فيما تم الغاء احد فصول الموازنة بالتوصية كونها ل م تحظ بقبول النواب وهي المادة التي تتناول المنح و القروض التي تأتي للدولة.
The budget address the shortfall from A. Waed of the budget last year, the cancellation was one of the chapters of the budget recommendation being told m unpopular House, which dealt with grants and loans that come to the State.
وتأخر التصويت على الموازنة العامة للدولة لاكثر من اسبوعين بسبب بعض الخلافات حول ما خصص من مبالغ ل لمنافع الاجتماعية لرئاسة الجمهورية والوزراء.
The delayed vote on the state budget for more two weeks due to some differences on the allocation of amounts told the social benefits for the presidency and ministers.
ورفع رئيس مجلس النواب الدكتور محمود المشهداني أ عمال الجلسة إلى أجل غير مسمى معلنا انتهاء اعمال ا لفصل التشريعي الثاني وليأخذ البرلمان إجازته.
And the Parliament Dr. Mahmoud a Almshahadani workers meeting to postpone announcing the end of a to separate the legislative and the second takes his leave Parliament.

Translated version of Aswat al Iraq :: Aswat al Iraq

Lets hope 42 alpha means trillion

Iraq-Currency
Posted by: saleem on Thursday, February 08, 2007 - 07:17 PM

Iraq-Currency
Dollar demand higher, exchange rate stable
By Dergham Mohammed Ali

Baghdad, Feb 8, (VOI) – Dollar demand moved higher in the Iraqi central bank daily auction on Thursday reaching 63.200 million compared to $60.835 million on Wednesday.

In its daily statement, the bank said it covered all bids which were $36.100 million in cash and $28.100 million in foreign transfers at an exchange rate of 1,288 dinars per dollar, unchanged from Tuesday.
Fourteen banks participated in Thursday’s auction and none offered to sell dollar.

Ali al-Yasseri, a trader, told VOI "an increase in demand for dollar in foreign transfers is expected for next week central bank auction sessions due to the new tough regulations adopted by the Syrian government for the Iraqis who resided there."

The House majority to approve 2007 budget

Please, does it mean they will vote on it or Majority approve 2007 Budget...Entirely or what????
Heartbeat is increasing, can't stop the excitement. Need answer.
Thank you.

Correct me if I'm wrong but if the budget is The general budget (42), Alpha (64) billion. , (530) million, (267) thousand Iraqi dinars. to me that says 42,064,530,267,000 dinar for the budget. Wouldn't that equate to a 1000:1 rate because they have stated in the past about the budget being $42 billion dollars. And didn't they mentione that they would bring it to 1000:1 then after that bring it equal to a dollar?

Been watching for over a year now on the forum, and it's my first post but it sounds like we are on the way.

Hi Maybe You Can Help. You Are Showing Excitement, Is That On The Dinar? Well Be Going Up????????????????? Thank You

The House majority to approve 2007 budget

(Voice of Iraq) - 08-02-2007
This issue was sent to a friend

From the hushed Abdulamir and Santa Mikhail
(To add details and closing of the chapter of the Legislative 2nd)
Baghdad - (Voices of Iraq)
The House of Representatives approved its Iraqi today, Thursday, b the majority of the budget in 2007 and the transfer of 5% of the allocations social benefits of the prime minister and the presidency Jamho Rayya, the Council Secretariat to the allocation of benefits only Jtmaeih in the House of Representatives, the Speaker announced the adjournment of the meeting and conclusion of Ama told the Legislative Chapter II.

The provision of social benefits to the presidency Alozra automatic and the presidency one points of disagreement between the coalition united Iraqi Alliance of Kurdistan.

The general budget (42), Alpha (64) billion. , (530) million, (267) thousand Iraqi dinars.

The voting process on the budget before the House of Representatives those who attended the meeting and the (157) member itemizing.

The budget address the shortfall from A. Waed of the budget last year, the cancellation was one of the chapters of the budget recommendation being told m unpopular House, which dealt with grants and loans that come to the State.

The delayed vote on the state budget for more two weeks due to some differences on the allocation of amounts told the social benefits for the presidency and ministers.

And the Parliament Dr. Mahmoud a Almshahadani workers meeting to postpone announcing the end of a to separate the legislative and the second takes his leave Parliament.

News today witnessed a heated verbal altercations between Ada automatic Parliament on the differences in the nomination meeting, which allocated T. to interrogate Iraqi Defense Minister Abdul Qader Mohammed a for Obedi, but Almshahadani the matter in the end and making the Board's e hosting a result of the withdrawal of a number of MPs who Kano a question had presented to the Minister of Defense.

The meeting also included a speech by the Minister of Health, the Iraqi al-Shamri, who attended today's meeting denounced the process the arrest and Undersecretary of the Ministry for Administrative Affairs Governor Zamili before American forces and the Iraqi joint.

The following Dr. Almshahadani on saying, "The Mai the violations by the multinational Aljunsia v is part of reduced sovereignty. "

He added, "If what we are doing incomplete sovereignty must we call for full sovereignty to have credibility when Elisha Iraqi stalemate. "
H n

I posted this in the rumor thread for an answer to a question, thought it might help some people here too.------
If this has been posted here before sorry for the repeat.


I found this on the WTO site might take a couple of posts for the whole thing. Hope this helps a little in the process.


How to become a member of the WTO
Article XII of the WTO Agreement states that accession to the WTO will be “on terms to be agreed” between the acceding government and the WTO. Accession to the WTO is essentially a process of negotiation — quite different from the process of accession to other international entities, like the IMF, which is largely an automatic process.


Because each accession Working Party takes decisions by consensus, all interested WTO Members must be in agreement that their individual concerns have been met and that outstanding issues have been resolved in the course of their bilateral and multilateral negotiations.
All documentation examined by the accession Working Party during the process of negotiation remains restricted until completion of the process.


Who can apply

“Any state or customs territory having full autonomy in the conduct of its trade policies is eligible to accede to the WTO on terms agreed between it and WTO Members”. (Article XII of the WTO Agreement).


The request for accession

The accession process commences with the submission of a formal written request for accession by the applicant government. This request is considered by the General Council which establishes a Working Party to examine the accession request and, ultimately, to submit the findings of the Working Party to the General Council for approval. The Working Party is open to all Members of the WTO.

Submission of a memorandum on the foreign trade regime back to top
The applicant government presents a memorandum covering all aspects of its trade and legal regime to the Working Party. This memorandum forms the basis for detailed fact finding by the Working Party. (Download in MS Word document WT/ACC/1 (27 pages, 72 KB) outlines the major headings to be examined).

Subsequent Working Party meetings will see the examination of questions posed by WTO Members based on the information provided in the memorandum and the replies provided by the applicant government.



Conditions of entry back to top

After examining all aspects of the existing trade and legal regimes of the acceding government the Working Party goes into the substantive part of the multilateral negotiations involved in accessions. This determines the terms and conditions of entry for the applicant government. Terms and conditions include commitments to observe WTO rules and disciplines upon accession and transitional periods required to make any legislative or structural changes where necessary to implement these commitments.



Bilateral negotiations

At the same time, the applicant government engages in bilateral negotiations with interested Working Party members on concessions and commitments on market access for goods and services. The results of these bilateral negotiations are consolidated into a document which is part of the final “accession package”.



The final “accession package”

The “accession package” consists of three documents which represent the results of both the multilateral and bilateral phases outlined above. These are:

a Report of the Working Party containing a summary of proceedings and conditions of entry and a Protocol of Accession.
Schedules of market access commitments in goods and services agreed between the acceding government and WTO Members.


Approval of the “accession package”

Once both the Working Party's Draft Report and Protocol of Accession and the market access commitments in goods and services are completed to the satisfaction of members of the Working Party, the “accession package” is adopted at a final formal meeting of the Working Party.

The documents are then presented to the General Council or the Ministerial Conference for adoption. Once approved by the General Council or the Ministerial Conference, the accessions package is redistributed as a non-restricted document.

Two final documents will be issued:

The Decision of the General Council
The Protocol of Accession of the new entrant a Protocol of Accession annexed to the Report which states that the country accedes to the WTO Agreement, defines the Schedules and outlines final provisions for timing of acceptance of the Protocol and full membership of the WTO.


Becoming a full member

Once approved by the General Council of Ministerial Conference, the applicant is then free to sign the Protocol of Accession stating that it accepts the approved “accessions package” subject to ratification in its national parliament. Normally three months is given from signature of the Protocol of Accession for this to take place.

Thirty days after the applicant government notifies the WTO Secretariat that it has completed its ratification procedures, the applicant government becomes a full Member of the WTO.


CMON REVAL!!! GO DINAR GO!!!

Originally Posted by plb2

Update
Voices of Iraq : Parliament-budget-ratification (by the first)
كتب: kawthar في يوم الخميس, 08 فبراير, 2007 - 06: 48 PM BT
Kawthar wrote : On Thursday, 08 February 2007-06 : 48 PM BT
مجلس النواب يصادق بالأغلبية على موازنة 2007
The House majority to approve 2007 budget
من كوثر عبد الامير وسانتا ميخائيل
From the hushed Abdulamir and Santa Mikhail
(لاضافة تفاصيل واختتام أعمال الفصل التشريعي ال ثاني)
(To add details and closing of the chapter of the Legislative 2nd)
بغداد-(أصوات العراق)
Baghdad - (Voices of Iraq)
صادق مجلس النواب العراقى في جلسته اليوم الخميس ب الأغلبية على موازنة عام 2007ونقل 5 % من مخصصات ال منافع الاجتماعية لرئاسة الوزراء ورئاسة الجمهو رية ومجلس الامانة العامة الى مخصصات المنافع الا جتماعية في مجلس النواب، فيما أعلن رئيس البرلمان رفع الجلسة واختتام اعما ل الفصل التشريعي الثاني.
The House of Representatives approved its Iraqi today, Thursday, b the majority of the budget in 2007 and the transfer of 5% of the allocations social benefits of the prime minister and the presidency Jamho Rayya, the Council Secretariat to the allocation of benefits only Jtmaeih in the House of Representatives, the Speaker announced the adjournment of the meeting and conclusion of Ama told the Legislative Chapter II.
وكانت مخصصات المنافع الاجتماعية لرئاسة الوزرا ء ورئاسة الجمهورية أحد نقاط الخلاف بين الائتلاف العراقي الموحد والتحالف الكردستاني .
The provision of social benefits to the presidency Alozra automatic and the presidency one points of disagreement between the coalition united Iraqi Alliance of Kurdistan.
وبلغت الموازنة العامة (42) الفا و(64) مليارا , و(530) مليونا ,و(267) الف دينار عراقي.
The general budget (42), Alpha (64) billion. , (530) million, (267) thousand Iraqi dinars.
وتمت عملية التصويت على الموازنة من قبل النواب ال ذين حضروا الجلسة وعددهم (157) عضوا بندا بندا.
The voting process on the budget before the House of Representatives those who attended the meeting and the (157) member itemizing.
وتضمنت الموازنة معالجة العجز الحاصل فيها من الف ائض من الموازنة العامة للعام الماضي , فيما تم الغاء احد فصول الموازنة بالتوصية كونها ل م تحظ بقبول النواب وهي المادة التي تتناول المنح و القروض التي تأتي للدولة.
The budget address the shortfall from A. Waed of the budget last year, the cancellation was one of the chapters of the budget recommendation being told m unpopular House, which dealt with grants and loans that come to the State.
وتأخر التصويت على الموازنة العامة للدولة لاكثر من اسبوعين بسبب بعض الخلافات حول ما خصص من مبالغ ل لمنافع الاجتماعية لرئاسة الجمهورية والوزراء.
The delayed vote on the state budget for more two weeks due to some differences on the allocation of amounts told the social benefits for the presidency and ministers.
ورفع رئيس مجلس النواب الدكتور محمود المشهداني أ عمال الجلسة إلى أجل غير مسمى معلنا انتهاء اعمال ا لفصل التشريعي الثاني وليأخذ البرلمان إجازته.
And the Parliament Dr. Mahmoud a Almshahadani workers meeting to postpone announcing the end of a to separate the legislative and the second takes his leave Parliament.

Translated version of Aswat al Iraq :: Aswat al Iraq

Lets hope 42 alpha means trillion

Why would you want that figue to be in the trillions??? This article would mean terrible news that the budget this year is over 42 trillion dinar. This is not good news as this means that they have printed more dinar or are planning too?? Can anyone explain this ....I thought the budget was gonna be set at 42 billion dinars and not dollars as some believe after a reval?? This surely makes me think it will be a long time comming what i ride its been my hopes and dreams are crushed for this up and comming new year but i do have other things to try and look forward too. Man what a depressing day. Can someone shed any positve light on this how this can be a good thing in any way shape or form

Interesting read, I've never seen any article comparing what happened to the Kuwait Dinar to the Iraq Dinar before. Although I have heard speculation.

To continue to pursue this approach and deliberate push of speculators and currency traders at home and abroad for the purchase of the national currency either by the companies and banks, a banking the global or savings and other leading to enhanced d adjacent to the Iraqi dinar and regain its prestige in dealings international (as happened in the State of Kuwait in 1992), after departed invasion, where the exchange rate of the Kuwaiti dinar m n 700 dinars to the dollar to three dollars for dinars. one Kuwaiti despite the tremendous damage that a modernized invasion.
We say in the infrastructure and natural wealth machine Aela enjoyed by Iraq, whether in the subsoil land Kthalth oil reserves in the world, or at the level of surface Ha rich arable land and water pain provided modest population density and demographic and the tourist industry and investment opportunities, especially good after the approval of a legal investment in the new Iraq A. Drali Cordstan and in the territory, all of these programs will not j after a period to strengthen the national currency and restore Af It is hoped, slow as in magazines and analysis correct P specialist, according to the conclusions of the Global Advisor Yen global economic and the Internet sites pain Khtsh and as a result of the new political circumstances and new e, which currently prevails and strategies modern bar e for this purpose globally each of these reasons will not j after a short period to the possibility of convergence rate parents R. Iraqi during the first quarter of the year 2007 to the borders 1000 dinars to $ 1, so we s d achieved economic boom will have social repercussions e and positive political and security at the state level Alvder mechanism.

The full article is located at Translated version of http://www.ahali-iraq.net/payv/index...ew&id=2181&Ite mid=30

Can anyone get this link to open???
I found this interesting...