Iraq/Dinar News up until March 28th 8PM CT.

بغدادThe Finance Minister will meet with the American Ambassador in Baghdad


بغدادThe Finance Minister will meet with the American Ambassador in Baghdad
The Finance Minister Baqer Jabr Al-Zubaydi that the 2007 budget is the first budget planning for the coming years and put the foundation stone for the establishment of projects that reflect the strategic outlook civilized face of Iraq.

جاء.This came during his meeting with Ambassador of the United States of America in Baghdad, Dan Spkrt, during which bilateral relations and the prospective plan to impose the law on the economic situation and raise the level of services offered to citizens.

وبيّن".Zubaidi and - according to a Cabinet statement received by Agence (eye) briefing today, Monday, a copy of which - "the adoption of the oil and gas, which indicates that this wealth belongs to the Iraqi people."
.Pointing to the extensive presence of the Deputy Prime Minister Barham Saleh, minister of planning and a large number of governors, officials and a number of ambassadors to discuss how best to balance investment in 2007 and was distributed as a CD (CD) to all attendees to facilitate the implementation process.

من .For his part, praised the American ambassador as saying the minister's efforts in creating the budget and wished him success Shinafiyah and Muwaffaqiyah to serve new democratic Iraq.


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The Republic of Iraq

مجلس الوزراء- المركز الوطني للاعلامCouncil of Ministers-the National Center for Media

العلاقات الإعلاميةMedia Relations

Press Release بيان صحفي / Press Release Press release /

الاحد18-3-2007Sunday, 3-18-2007



وزير التخطيط والتعاون الانمائي يعلن انخفاض مؤشرات الرقم القياسي لأسعار المستهلك في العراق لشهر شباط المنصرم قياساً الى الاشهر الماضيةMinister of Planning and Development Cooperation announced lower indicators index for consumer prices in Iraq for the month of February compared to the past few months



اعلن وزير التخطيط والتعاون الانمائي السيد علي غالب بابان انجاز الجهاز المركزي للإحصاء وتكنولوجيا المعلومات تقرير التضخم لشهر شباط/2007 الذي اعد على أساس جمع البيانات ميدانيا"عن أسعار السلع والخدمات المكونة لسلة المستهلك بأسعار البيع بالمفرد في أسواق مختارة في بغداد والمحافظات حيث أظهرت النتائج ما يأتي:The Minister of Planning and Development Cooperation, Mr. Ali Ghalib Baban completion of the Central Agency for Statistics and Information Technology Report inflation for the month of February / 2007 which was prepared on the basis of data collection in the field "on the prices of goods and services components of the basket of consumer retail prices in selected markets in Baghdad and other governorates, where the results showed the following :

1- أنخفض مؤشر التضخم لشهر شباط /2007 مقارنة بشهر كانون الثاني/2007 كما يعكسه الرقم القياسي العام لأسعار المستهلك بنسبة (6.8%) إن هذا الانخفاض كان حصيلة انخفاض الرقم القياسي للمجاميع السلعية التالية (المواد الغذائية، الدخان والمشروبات، الأقمشة والملابس والأحذية، الاثاث، الوقود والاضاءة و الخدمات الطبية والأدوية) بنسب انخفاض قدرها (6.4% ، 3.3% ، 2.6%، 3.3%، 20.4%، 5.2%)على التوالي علما" بأن الإنفاق على هذه المجموعة يشكل (41.2%) من مجموع الإنفاق الاستهلاكي العائلي. أما مجموعة (النقل والمواصلات ، سلع وخدمات متنوعة والإيجار) والتي تشكل (58.8%) من مجموع الإنفاق العائلي فقد سجلت ارتفاعاً خلال شهر شباط مقارنة بالشهر السابق بمقدار (5.4% ، 7.7% ،2.5%)على التوالي.1 - the inflation index for the month of February / 2007 compared to January / 2007 also reflected the general standard figure for consumer prices (by 6.8%), this decline was lower proceeds index aggregates the following commodity (food, tobacco, beverages, textiles and clothing, footwear, furniture, fuel, lighting and medical services and medicines) rates decline of (6.4%, 3.3% , 2.6%, 3.3%, 20.4%, 5.2%), respectively, note that "spending for this group is (41.2%) of total domestic consumer spending. The group (of transport and communications, miscellaneous goods and services, rent), which is (58.8%) of total domestic expenditure has recorded a rise during the month of February compared with the previous month by (5.4%, 7.7% ,2.5%), respectively.
2 - ارتفع مؤشر التضخم السنوي خلال الفترة من شباط /2006 ولغاية شباط /2007 بنسبة (37.1%) وذلك نتيجة لارتفاع الرقم القياسي لكافة المجاميع السلعية (المواد الغذائية، الدخان والمشروبات، الأقمشة والملابس والأحذية، الأثاث، الوقود والإضاءة ، النقل والمواصلات، الخدمات الطبية والأدوية، سلع وخدمات متنوعة والإيجار) وبنسب ارتفاع قدرها (24.1% ، 4.8% ، 13.9% ، 8.8% ، 80.1% ، 57.2% ، 5.0% ، 37.6% ، 25.9%)على التوالي.2-index rose annual inflation during the period from April 2006 until February / 2007 rate (37.1%), due to the increase in the index for all commodities totals (foodstuffs, beverages and tobacco, textiles and clothing, footwear, furniture, fuel and lighting, transport and communications, medical services and pharmaceuticals, miscellaneous goods and services and leasing) and the high rates of (24.1%, 4.8%, 13.9%, 8.8%, 80.1%, 57.2%, 5.0%, 37.6%, 25.9%), respectively

British Spy Discovers the largest field of Iraqi oil in the world! Event : economic capacity of 20 million barrels a day British Spy discover the largest field of Iraqi oil in the world


Basra / Abdul Hussein Algarawi

A researcher and an economist for the largest unexplored oil field so far and capacity of 20 million barrels per day and cover the needs of America for 20 years, said the researcher, who did not mention the name of the British spy who said in the context of a lecture on the problems of the Iraqi economy, and by the Iraqi Council for Peace and Solidarity Saturday at the Union Hall literati Basra :

1- That the person who found the bed of a British spy was working for the British embassy in Baghdad briefly during the decade, the researcher said he was able to know about this field that has not found any one so far during the follow-up of research and studies on Iraqi oil since the period and pointed out that this person is just culturally the British embassy in Baghdad and the spying for Britain in the context of modern researcher did not reveal the name of the spy only that he got the information oilfiled which is the largest oil field in the world of spy papers pointing out that the giant field has not detected any Iraqi oil or global and researcher site provides this field and stressed that the production capacity in the event of discovery and invested the largest oil field in the world and the largest oil reserves in the world, because it allows 20 million barrels a day without the need to import oil or reserve stocks.

And a researcher in his lecture, which was attended by representatives of civil society organizations and foremost newspaper Al-Mada only.

Field said that for decades buried under papers between British spy and that no one never discloses the field, making the field one of the biggest oil fields in Iraq, which are still undiscovered secrets and the discovery of this field will make Iraq the largest oil exporter in the world, it has not been possible for anyone identification of this information and make it exciting at the top of the oil.

The researcher stressed not to give more information in anticipation of the exploitation of the issue from other parties and to preserve this treasure of oil, which, he said, is priceless.

Turning in his lecture to the main problems facing the Iraqi economy and the challenges of a proposal to set up a supreme committee of academics and economists Iraqis to draw a clearer picture of the future of the Iraqi economy and the development and prosperity of the living conditions and the disposal of the volume of inflation against Iraq and impede the progress and balance.

http://64.233.179.104/translate_c?h.../language_tools

Sea science : the law of oil and gas a positive step towards the advancement of the oil sector
بغداد - احمد جليلBaghdad-Ahmad Jalil
قال " .Dr. Ibrahim Bahr Al-Oloum, the Secretary-General of the Community of Iraq's future that the bill on the oil and gas voted by the Iraqi government a positive step towards the advancement of the oil sector, adding : "This is my conviction in one of the achievements of the present government, there is a preliminary agreement on this positive law for the Iraqi economy, particularly the oil sector for that I am not with those who are saying that this law leads to the division of Iraq or to split its versa brought by the materials and special revenue emphasizes the good faith in that this will become law as a tool for keeping the interests of Iraqis. "
ويشير .He points out that the Alsaisiin must look at this from various angles law is the law to regulate the management of oil wealth and thus brought by the ideas we are enthusiastic about it for years, and particularly the restructuring of the National Oil Company of one of the most prominent articles of this law, which we hope to see this project Nour before this time as they show that Iraq, which is considered one of the first States in the establishment of national oil police in the 1960s However, Iraq was the only country that does not have the executive arm of the oil.
" .It is believed Sea Science that the presence of the federal oil and gas and decide to run the country's oil policy is something positive and adds, "If we take the total proceeds, or what happened during the three years of the work of the government during the Iraqi Governing Council or during the mandate of Dr. Allawi or during the mandate of Dr. Jaafari these ideas whole cumulative result including this law in general and not the details, and was the result of extensive discussions especially in the recent period between brothers officials. "
.He expected the Sea of Sciences to be further discussions on the House witnessed some of the items I wish to approve it, there is no doubt the items will remain a bone of contention, but no doubt the amendment door open and experience similar to a constitution, and on the banner of personal Bahr said science "could be different and not necessarily agree with the statement by law, but the general thrust and the basic pillars upon which the present law, I think that the best thing at this stage, but this does not mean that he does not need to develop or to amend some items and this is enough by the people's will and the time to resolve the problems that they are facing.


Translated version of http://www.sotaliraq.com/

Iraq Securities Commission (ISC) approved allowing non-Iraqis to make trades at Iraq Stock Exchange (ISX).
In a press statement on Friday, ISC's Chairman Abdulrazzaq Al-Saadi said the exchange was addressed to organize all matters relevant to non-Iraqi investors, hoping this procedure would support all traders.

ISC has issued detailed rules governing the trading of non-Iraqis in ISC, noted Al-Saadi
Non-Iraqis allowed to trade in Iraq Stock Exchange -- official | Iraq Updates

Baghdad-preparation Imad Principality

But the new oil and gas with experts, economists and government officials since taking the draft law to research and debate and analysis from its importance in maintaining the greatest wealth and national earns his livelihood by Iraq.

They demand that the law and its relationship to national imports of Iraqi oil, which constitute more than 90% of the revenue budget as well as a constitutional entitlement to remove body rightful place as law protects the rights of the Iraqis and the generations to come.

Dr. Barham Salih Deputy Prime Minister, Chairman of the drafting of the law had been confirmed in a press statement that this law aims to provide (the investment environment), and legislative and investment-attracting several first law in the history of Iraq proceed organization of the Department oil sector is vital to the national economy.

He explained that the law would pave the way to determine whether the powers granted to the Ministry of Oil and the federal government and regions including Esingem with what came in the Constitution, which stressed that the ownership of the oil wealth for all Iraqis.
Saleh also pointed out that the essential difference between what the law says and what the situation earlier, in the past, the oil sector is managed by a central authority strict scoffed oil to the service of tyranny and the loss of wealth in the corners and the whims of wars and feuds, with the new law, a national umbrella for the Iraqis.

He d. Barham noted that the new law is meant to maximize imports and stabilize the national interest of the Iraqi people, explaining that he does not differ in substance from the stay and the contents of the prevailing laws, which concern the conservation of wealth for their peoples.
Dr. Hussein Shahrastani oil minister, he felt that the positives of this law that will restore life to the National Oil Company and do role as a pioneer in the development of the giant fields, which represents the largest reserve for Iraq and the rest of these fields under the supervision and responsibility of the company.

That type of expert Dr. oil. Hisham despair of this law in a new working to develop the oil sector after a long period of the oil concession contracts as there was no government economically independent and lack of a legal framework for oil.

Yas also said : that this law will rid the oil sector of the heavy legacy, and the complications and problems it would build a sophisticated legal cope with global transformations, as is the case in the Member States in OPEC, which includes institutions and companies experienced and highly relevant experience in the work and the extraction and marketing of oil.

He added that such a law would dispose of the proceeds of Iraqi oil, according to the hands of the specific powers that would maintain ownership of the people of the belief that the oil belongs to all Iraqis.

Nina tidbits

والRasheed Bank : a new mechanism for the integration of branches and offices باد.Baghdad / Nina / Rasheed Bank prepared a plan to merge branches and offices belonging to develop a mechanism to work according to the new requirements. ل نيA source at the bank of the National Iraqi News / Ni
>> More >>>> More



19 Mar 2007 14:07:0019 Mar 2007 14:07:00
ايرRevenue
الينIncome taxes : approximately 4 weeks Mliardinarve
.Baghdad / Nina / The Public Authority for taxes during the second half of the month of February last income up to nearly four billion dinars for the conduct of transactions of the citizens in different procedures. وقال م�He said M.


Translated version of http://www.ninanews.com/

From CBI Arabic site:

"The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Monday, March 19, 2007 until the end of office hours on Sunday, which falls on March 25, 2007. "

Quote:

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Morning talk Mohamed Abdul Jabbar carp Painful representatives of the nation to discuss their pensions and privileges away from the eyes and make the nation, in a closed, secret, as if they were discussing the plan of the Iraqi government to launch a nuclear war against the Republic of Djibouti sister!

And more painful that the majority of the deputies of the Islamists, Sunnis and Shiites, who know biography of Sheikhs, and biography Ali bin Abi Talib, And they know the sensitivity of those bones with respect to public money. Not organizer US Sunnis and Shiites from talking about the eagerness of Abu Bakr,

Omar and on the public funds, which Zhdham, organizer representatives of the nation bones, from associate to those showing the Righteous, but, unfortunately, when the moment of truth came, and the role of the research in retirement and salaries and privileges, combatants of all, and decided to look in the camera. God wrong!

The question that I do not know him answer so far is : Are decisions would remain confidential distinguished House? May will keep the payroll and retirement privileges secret? Why? And whether the decisions will be announced later, and it must declare, why the secrecy? The more important question is : Why is feared that deputies openly discuss their privileges? Deputies must be ashamed of discussing the matter publicly, or they are afraid or they believe that the subject of matters concerning national security, which may not be where the public.

I will say right and the two deputies to God : If the House of Representatives, or the majority of them decided that the meeting should be held in private, the lowest degree of faith in democracy, and the lowest degree of faith in the right of the nation, or the voters of her sons, that know what is going on, and the minimum degree of respect for these poor people who elected them in the democratic process "imperfect" ... If they were also to discuss Khajloa of retirement and privileges in a private meeting.

Did not the closest to God that the House of Representatives discusses the viewers, representatives of this nation that have plagued them, the salaries of those who elected them, pensions and benefits, and the allocations for the social protection network, which are not sufficient to ensure a "dignity" befitting livelihood rights.

Was it not better to be more concerned with the suffering of Deputies people to allocate camera is no political and constitutional reason to be discussed in private.

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I agree with this article 100% and i hope they reshuffle soon and get rid of the scumbags that are only interesting in there own privileges!!!!

A particular (Iraq market for securities)
سينPreparation and submission : Nazim Yasin
- .- In this episode of the new (economic report) highlight the activities of (Iraq's market of securities) and its role in the Iraqi economy since it began operations three years ago, through an interview with the Executive Director Taha Ahmed Abdul Salam.

أ.Iraq began - market of securities is the first activity on the 24th of June 2004. ومAmong the goals set by the law establishing the market, which was issued in April 2004 to develop the capital market in Iraq to serve the national economy and to assist companies in building the capital needed for investment in addition to the awareness of Iraqi and foreign investors on investment opportunities. .In order to achieve its objectives and the development of performance, the market is trying to collect the necessary information and statistics, analysis and dissemination. .Also working to communicate with the corresponding securities markets in the Middle East and other regions of the world.
وفي اً.In special statements of the (economic report), the Executive Director of the Iraq market for securities Taha Ahmed Abdul Salam said that the market did not depend on the activity during the past three years by holding two or three meetings a week for circulation.
فرد.And despite the fact that the unstable security situation in the country reflected on the movement of investment during 2005 and 2006, but that the past period witnessed a positive development with the relative improvement in the situation as a result of recent government actions, which led to a marked increase in the demand of investors who currently numbering more than six hundred thousand troops.
.Abdul Salam announced that the Iraq market for securities prepared Finally instructions allow non-Iraqis circulation in the bourse. .The lifting of these instructions to relevant government bodies for the purpose of approval or modification. .In this regard, he expressed the hope that facilitate the entry of Arab capital and foreign to stimulate the market and increase transaction rates on the stock shares.
.In talking about the development of relations with the Arab capital markets and the world, he pointed out that the market for membership (EU-Asian bourses (f) the Union of Arab Stock Exchanges), as well as training sessions for mediators by Iraqis in cooperation with other regional states.
وفي .In the following interview I had with him on the phone, Executive Director of the Iraq market for the securities of other topics Kalaqbat that limit the movement of investors and the actions taken to spread awareness of the importance of the exchange in the Iraqi economy. .Answering a question about the first major trends of the capital market at the current stage.
()(Interview with the Executive Director of the Iraq market for securities Taha Ahmed Abdul Salam)

Translated version of http://www.iraqhurr.org/