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

Undersecretary of the Iraqi Ministry of Industry : privatization will begin from where other states
أكد سطThe country's needs for foreign labor and in large numbers in the medium term



ابدى عاملة.A Mohamed Abdullah Al-Ani, undersecretary of the Ministry of Industry and Minerals Iraqi and supervisor corporate activities, the concept of reservation on the phenomenon of unemployment in Iraq, saying the absence of the so-called employment-performing, but our current neutralization of the labor market and labor force.
واضاف».Ani added that <situation in the country that is currently causing the elimination of the labor market, but it could be argued that, according to the laws, which recently approved, and especially the investment and the free market, which drafted the Ministry of Industry, a large part of them, capable of putting an end to the concept of unemployment>.

.He pointed out that, according to recent studies, it was found that after the completion of the final picture of the Iraqi economy, it is expected that there will be an additional demand for foreign labor, and even non-technical them, pointing out that this means that all labor Iraq will not secure the actual need for the labor market, and this will be achieved over the medium term , or in a few years from now.

واو.He explained that if we Ani a fraction of the files recent investment of the Ministry of Industry, and the establishment of 18 projects for the production of cement, we find they need more than 60 thousand workers, or one third of the staff of the Ministry of Industry and Minerals, of 190 thousand workers, covering more than 60 producing company.

وحمل.Carrying and Undersecretary of the Ministry of Industry responsibility of the security situation faced by Iraq, saying in context : the challenge now is the security situation, some days ago one of the companies forced to close their doors completely, as a result of receiving a threat from one of the armed groups, either closure or bombing electricity system, in case of continuation of such harassment can build institutions capable of absorbing labor, stressing that unless there the protection of investors and investment funds and production, can be implemented investment laws.

وفي التوجه».In regard to the orientations of the ministry of privatization of the public sector and transform it into a free-market system, the agent that <the Ministry of Industry and Minerals and since 2003 has a clear and consistent in this regard, although penalized by the three ministers, a file system like outlines turn of the Minister to another without having the ability to change, is based on the frameworks designed carefully, and by qualified professionals, and also contains the experiences of many countries that have preceded us in this direction>.

وتابع .He added : and the structure of the ministry is now fit and gradual transition to the free market and not sudden transformation, noting that the creation of two Deputy Minister, one representing the Ministry of Industry, in a time of socialism and the public sector, and the other is a free market, explaining that the first companies create and develop, and then deliver them to another project ready to try the free market.

».He added in this area that experts of the Ministry of Industry Astvawa much from the experiences of other countries, especially Romania, Russia, Jordan, Egypt and other countries, aware of the failures that Sentjaozha in our experience, which will serve as a pilot experiment, unique, as they start from where they left States>.

وعن واقع .And the fact that companies and the Ministry of Industry between <companies affiliated to the ministry, divided into three parts, including production companies, winning the same time, which are subject to development and increase production capacities and this means more profits, including pharmaceutical companies, cement, oil and engineering equipment.

».There are also companies that stand on the line of self, or close to the profit and loss, which require the support of the transfer to the category of profit-making companies and then transferred, and finally a loss-making companies and the need to be developed as the study and application of solutions to improve the level gradually until delivery to the projects are to be converted or privatization>.

.He stressed Ani in this regard, we do not want to begin the privatization of non-profitable projects, because this would affect the viability of the private sector, but on the contrary Our initiative with the support of the private sector and the advancement of its level in order to be able to take responsibility in the near future, especially as all the world's experiences have proved that the socialist sector the more, and left only in a few countries which are suffering due to this system.

وأكد .Ani stressed that the door is now open for the free wide, but this does not mean all the conditions failure of public sector management of his companies, there are experiences that have shown just the opposite, and the proof is the success of the company <SABIC> Saudi Arabia, which is still profitable to this day, and its shares are the most popular in the circulation market. ية.They also Ani to the problems facing the industrial sector in its march towards the Iraqi transition, emphasizing in this area : we are still working laws and was born and grew up in an atmosphere of socialist and the prevailing strategies tended to be of concern to military matters and civil negligence.

كما كان.As is the nature of the prevailing thoughts company has developed a full order to satisfy because of his close associates and administration to get him to sit on a chair, without thinking of the project's success or failure, as were the industry leading to the blow when nationalization was successful industries and turned into dependent industries do not take into account quality of competition and measure it, and despite all that has benefited from this experience and that we all must work to improve the environment, which will be built by the private free, such as the banking and legal without which the private sector could not work and investment and reform of the economy could not be integrated without such an environment.

وعما حققهح».Achieved and what the Iraqi economy during the past four years explained <that the Iraqi economy, despite what some sensation in her, the economy is good, and when security and stability is achieved, the world will see that one of the most successful experiences, and less of what we have achieved over these years is a departure tests proved successful, and also recognizing the unique laws of its kind, such as the Investment Law and the Law of the oil, gas and process of economic reform, which provide all the success factors, what enjoyed by Iraq to help it is success has everything and needs only to the security, but could not determine the duration of the reform>.

وعن .Regarding preparations prepared by the Iraqi industry for the implementation of the Investment Law, it was calculated between him long before, but has worked to develop organizational chart, stressing that the ministry was not surprised by the law and has many files full investment, and investment will be announced soon to reform corporations, it can be said for all investors from the Arabs and foreigners, you enter now it will be a golden opportunity for you.
http://64.233.179.104/translate_c?hl...px%3Fid%3D3442

Originally Posted by shotgunsusie

nice find woman of many identities!!

Just call me sybil, LOL

Originally Posted by rvalreadydang

Just call me sybil, LOL

Originally Posted by shotgunsusie

GRABBIN YOU UP AND KISSIN YA RIGHT ON DA FACE ADSTER!!!!
AND YOU CAN DANCE WITH ME MRS.!!!! WOoTTTT!!!!!!!!!!

WHERE IS THAT THANKS BUTTON??????!!!!!??????????

Originally Posted by shotgunsusie

actually at that time they werent even posting anything at all. i suspect we will see the auction amounts continue but the rate will remain the same. wouldnt you say theyve already begun a peg only its not adjusted quite yet?

SGS,
Thanks for clearing it up for me. Geee Wizzzz, I'm sure everybody feels ""discombobulated sometimes with all the thick smoke in the air.. So much has come and went and more and more smoke. I know we are so much closer than ever before and the info seems to be a little more believable now a days...

Joe Dirt says "You gotta keep'on keepin'on"

Thanks,
TNT

Economic : strategic economic reform in the 2007 budget
20.03.07
Hilal war

Known that the annual budget for each of the strategic economic reform designed to achieve the budget during the budget period of one year.

Balancing therefore focused in 2007 on some important issues and containing the economic reform program and a policy for the allocation of resources to different sectors, according to specific priorities in addition to the distribution for the development of regions and by the need for those resources.

Therefore Valmwasenh strategic component includes the following :

1-investment in increasing oil revenues through increased production and export to meet the expected drop in grants and international aid in this year 2007 and the years that followed.
Therefore, the amount allocated budget (3) billion dollars to build a new division to reduce the import of oil derivatives from neighboring countries, in addition to the amount (400 / 2) billion dollars of investment in the oil sector, as the investment rate (5 / 13%).

2-adopt a policy for reform of government support and begin the process of face damage to the economic well-being of individuals through the deliberate (the social protection) The cash payment to the people, where the amount of the budget allocated (750) million to support a network of social protection as benefit dependents million beneficiaries approximately (7) million people.

3-improving the rate of the Iraqi minimum R. (1500) dinars to the dollar in the budget of 2006 to (1260) dinars to the dollar in the budget of 2007, although that decision cost the ministry alleviate proportion (13%) and imports of Iraqi dinars and thereby increase public spending the same percentage it can be done through compensation increasing taxes and customs duties
This is a bold and correct decision is the most important financial policy decisions that must be taken to improve the value of the dinar against other currencies.

4-attempt to alleviate the phenomenon of widespread unemployment and rampant in the Iraqi economy through the development of so years (137) A grade in addition to the new job opportunities offered by investment expenditure amounting to (500) thousand jobs.

5-address the anticipated increase in security spending by the Ministry of Defense and the Interior, the prize (July 5) billion dollars-as a result of the gradual withdrawal of the occupation forces.

6-increasing allocations to the sectors of the Chairperson of interest to the lives of citizens and this is a kind of investment in human capital, where an additional amount (400, 1) billion dollars to the education sector, (1,800) billion dollars for the health sector.

7-improving the standard of living of its citizens, particularly low-income civil servants have been allocated (4) million dollars for the application of the new peace for staff salaries Had this resolution was delayed in the application some time due to non-ratification by the House of the budget in 2007 only in the month of February 2007.
Therefore, the staff and enjoy upward effect from January 1, 2007 any retroactive addition to the provision (100) million for retired officers.

8-treatment stocks magnificent associated spare financial remittances and proceeds from the hand of support in the State of importing oil derivatives, which had at great cost, which did not include the 2007 budget amounts except the amount provided to support the import of kerosene will import by the Ministry of Oil, which began readiness for the task.

9 - The budget priority in the area of investment through the allocation of huge sums for much of the investment projects in the field of developing regions, as the amount allocated trillion (2) and (600) billion Iraqi dinars in addition to investments in the electricity sector and the sectors mentioned earlier.

Finally, it can be said that the 2007 budget included the figures no longer allocated to the Iraqi economy during the past four decades and decades that preceded hitting overheads (41) billion dollars, while the general revenue (300, 33) billion dollars, but is not required in the drawer of these figures, but in the use of an active role in aspects allocated to them, in order to increase citizen confidence in government and the initiation of a genuine development in the Iraqi economy, exhausted and semi devastating on the other hand also important in any budget execution rate is not privatization, as we have come to our past experiences.

It is also necessary to spend the entire budget items, especially those which contribute to the reduction of the rates of inflation and reduction in the general level of prices and booming value of the Iraqi dinar

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Economic : between supporters and opponents of farewell to invest in the fields of border
20.03.07
The oil and gas between sharp interactions, the views of the House of Representatives
Baghdad-Haider spring

Split a number of experts and interested participants at the Economic Forum organized by the Iraqi Center for economic reform draft law on oil and gas between supporters farewell to the speed of the year and see to wait saturated and enriched the discussions.

With others warned of the need to devote attention to the exploitation of more than 40 oil-gas fields adjacent to the neighboring countries to invest the bulk of them instead of engaging in law legislation so quickly and between these different views and different Does Parliament will resolve himself from the age of the law or postponed?

Others are interested in the economic aspect considered the most Tzmenth draft bill new oil and gas is keeping oil under state control by the Federal Council, which called for the formation of this law, in addition to assign the task of managing oil projects to the National Oil Company .. Which refuted allegations that some of the powers of a law project management, however, oil foreign companies. Economists stressed that the law was an important step towards building a solid national economy because it will contribute to the eradication of the problem of unemployment that has afflicted Iraq.

It called for a number of specialists to intensify the draft resolution and decide on the most negative aspects to address them through seminars and symposia, intensify dialogue that discuss the law. at a time when some of those interested in the economic situation is not entirely appropriate to enact such laws Thus, to see a logical considerations in the forefront in the probabilistic change some brought by the constitution which may adversely affect the entire law. economic expert Manaf Reza Ayub jeweler member Iraqi Center for Economic Reform said during his participation in a symposium held recently focused on the draft law, to the importance of law in economic terms it contains items considered jeweler task to transfer the national economy to the ranks of multiple economies in the region.

Jeweler : He said that the most important focus of the law is to search for the best among oil companies to work inside Iraq, which could produce the best attributes of the highest .. In addition, the law emphasizes the importance of exploration and production, marketing and transportation of oil and many other things that are important in the development process of oil production in a comprehensive manner. Jeweler also said : the law confirms that the oil and gas is the property of the people, according to Article (111) of the Constitution, which refuted allegations that some went on to say that the law gave foreign companies the right to a lot of powers even considered (some) custodianship of oil wealth.

The jeweler that the law gave Iraq a great privilege for the issue of contracts, where those contracts are formulated in accordance with the law controls imposed as a condition of acceptance, as they rely heavily on imports and royalties. For his part, Vice President of the Federation of Iraqi businessmen Bassem Jamil Antoine, time is not appropriate for this legislation law to the unstable security situation, pointing out the lack of competence before the companies Alajenbeh especially in the provinces.

He said Antoine also : we hope that the draft law on the largest number of economists to enrich the discussion of law and a statement of its pros and address them, processing, the process did not take place, which generated significant gap in the law, which calls for restraint in the enactment of the law in order to complete discussion and wondered why the speed at this time since unstable security situation will prevent many companies and investors adults to work inside Iraq, and then negotiating position will be weak in front of that giant companies, in addition to the presence of the issue of amending the Constitution (potential) will be issues of oil Bafqarteh (109-111) Sihatdm one of the points that the debate around in the parliament.

He adds : Antoine Another lacuna in the law refers to the sixth paragraph of the (second quarter), where sectarian reflected in the selection of the supervisory body of the European law, and thus paving the way for the political forces to take part in the law .. Accordingly, there is a question that presents itself as not possess these powers and parties sufficient expertise and information on technical and many things about oil then what is the state of law in full? Therefore, we must be the body and its members with competence, experience and efficiency and technocrats and Adrora because we send elements of that body calculated on the one of the political or partisan.

Antoine refers to the existence of other problems that accompany the law is the need to restructure the administrative apparatus at the Oil Ministry to check the administrative corruption eroded in the process of distribution, which is the easiest operations uncontrolled by the ministry. As well as the problem of exploitation of oil fields scattered on the outskirts of Iraq and some neighboring countries, where is exploitation wells and 40 gas fields therefore there is a crucial need to exploit the wells and super fast because it inevitably depleted of its utilization of those neighboring countries ..

This is more important than the oil projects at the present time. He pointed out that there was a contradiction between the role of the ministry and the supervising authority and territories.

It eighth President of the Federation of Iraqi Industries Abdel-Hassan al-Shamri initiative of the Iraqi Center for Economic Reform for the establishment of such a seminar aimed at identifying the strengths and weaknesses of the draft law on oil and gas .. He called on all humanitarian organizations and even to the social contract Such seminars because of the positives beneficial to the general community because the (economic decisions) of concern to everyone without exception.

He said : Shamari law is very important in the paper the reality of the country economically because it invested all its energies in favor of (the country), including the labor and then the law will have actually contributed to the elimination of unemployment devastating scourge of the economy.

That adds Shamari : One of the most important advantages of the law that I fully dispose of the National Oil Company and this simplifies the government's control over all events and activities to oil miss the opportunity to say that the law allows the imposition of trusteeship on the oil to foreign companies.
Shamari also believes that the oil industry and marketing, extracting the most important point in the law, which called for the activation seriously by attracting international companies to invest known this side, so is a remarkable step towards the right and the economy strong Iraqi accommodate all activities without exception.

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Official: Saddam’s deputy hanged
He becomes fourth man executed for the 1982 killings of 148 Shiites
The Associated Press
Updated: 7:01 p.m. AKT March 19, 2007
BAGHDAD, Iraq - The former deputy in Saddam Hussein’s government was hanged before dawn Tuesday for the killings of 148 Shiites, an official with the prime minister’s office said, despite appeals from international human rights groups.

Taha Yassin Ramadan, who was Saddam’s vice president when the regime was ousted nearly four years ago, was the fourth man to be executed in the killings of 148 Shiites following a 1982 assassination attempt against the former leader in the town of Dujail north of Baghdad.

The official, who witnessed the hanging but spoke on condition of anonymity because an official announcement had not been made, said precautions had been taken to prevent a repeat of what happened to Saddam’s half brother and co-defendant Barzan Ibrahim, who was inadvertently decapitated on the gallows.

Ramadan, who was nearly 70, was weighed before the hanging and the length of the rope was chosen accordingly, the official said.

The execution took place at a prison at an Iraqi army and police base, which had been the headquarters of Saddam’s military intelligence, in a predominantly Shiite district in northern Baghdad. Ramadan had been in U.S. custody but was handed over to the Iraqis before the hanging, the official said.

The prosecutor read out the verdict of the appeals court upholding the death sentence along with Prime Minister Nouri al-Maliki’s decision to carry it out, the official said, adding that a defense lawyer received Ramadan’s written will. The contents were not revealed.

Ramadan appeared frightened and said words that indicated he was remorseful, the official said, although he was not more specific.

“He recited the two shahadahs. The execution was flawless,” the official said, adding that the hanging was videotaped for official purposes. The two shahadahs are the declaration of faith repeated by Muslims — “There is no God but Allah and Muhammad is his Prophet.”

Ramadan was convicted in November of murder, forced deportation and torture and sentenced to life in prison. A month later, an appeals court said the sentence was too lenient, and returned his case to the High Tribunal, which sentenced him to death.

Ramadan, who became vice president in March 1991 and was a Revolutionary Command Council member — Iraq’s highest political body under Saddam — had maintained his innocence, saying his duties were limited to economic affairs, not security issues.

Saddam was executed on Dec. 30 for his role in the killings. Two of his co-defendants in the Dujail case — Ibrahim, Saddam’s former intelligence chief, and Awad Hamed al-Bandar, former head of Iraq’s Revolutionary Court — were executed in January.


Saddam’s death was recorded by a cell phone video camera and posted on the Internet, and much of the Sunni Arab world was infuriated by the mockery he faced by onlookers in the moments before his hanging. Ibrahim’s decapitation also caused a furor.

Saddam’s regime was predominantly Sunni and many members of the sect have protested the executions on the grounds they are politically motivated by the newly empowered Shiite majority in Iraq. International human rights groups have, by and large, protested that the trial which found the men guilty did not provide them with due legal process.


Around Iraq, meanwhile, bombs tore through a Shiite mosque during prayers in Baghdad and struck several targets in the oil-rich city of Kirkuk on Monday, killing at least 26 people.

The latest attacks highlighted the challenges facing U.S. and Iraqi forces in their bid to curb sectarian bloodshed with the month-old security crackdown. Execution-style killings usually blamed on Shiite militias have fallen dramatically but bombings have not kept pace in the downward trend.

Late Monday, U.S. and Iraqi troops engaged in a major operation as part of the crackdown in the volatile Hurriyah neighborhood in northern Baghdad, state television said. Witnesses said there were many people reported holed up in two Shiite mosques, surrounded by U.S. forces.

The state-run Iraqiya network said six civilians had been killed. The U.S. military did not immediately comment on the reports.

With the war entering its fifth year, President Bush pleaded for patience as he faced Democrat-sponsored legislation that effectively would require the withdrawal of American troops from Iraq by the fall of 2008. He said his plan to curb violence by sending more U.S. troops to Baghdad and the surrounding areas needed more time. Fewer than half the reinforcements have arrived.

“There will be good days and bad days ahead as the security plan unfolds,” he said in a televised statement, adding that he had received news of positive signs during a briefing on the war with his National Security Council and in a video conference call with al-Maliki.

Al-Maliki’s office said the Shiite leader assured Bush in their half-hour call that his government was pressing ahead with reconstruction and political reforms and that it remained committed to national reconciliation and the passage of a draft oil law.

No claims of responsibility
Nobody claimed responsibility for Monday’s bombings, but they bore the hallmarks of Sunni insurgents.

The violence in Baghdad began shortly after the afternoon call to prayer in a small green-domed mosque in the Shorja market area, where a truck bomb killed 137 people last month.

Salah Baqir, a 42-year-old vendor who saw the attack, said the bomber slipped past the guards and placed the explosives in a bag behind the preacher’s lectern. The blast left a crater and a pile of rubble on the floor. At least eight worshippers were killed and 32 other people were wounded, including the preacher, police said.

Iraqi authorities have imposed strict security in the area to prevent car bombings that often target crowded markets, but Sunni insurgents have proven resilient in finding ways to circumvent the stepped up security since the start of the crackdown Feb. 14.

At least 18 people were killed and more than 50 wounded in a series of bombings in Kirkuk, 180 miles north of Baghdad — the most devastating when two parked car bombs exploded within 10 minutes in a southern part of the city. Fourteen civilians and four policemen were killed and 40 were wounded, police said.

In all, at least 55 Iraqis were killed or found dead in Iraq, including the mayor of a Shiite village southeast of Baghdad and 29 bullet-riddled bodies that turned up in the capital.

In the Sunni insurgent stronghold of Anbar province, police said at least 25 decomposed bodies — some beheaded — were found near a post office east of the provincial capital Ramadi. The U.S. military said it had no information on the report.

The U.S. military also said two Iraqi soldiers were killed and 12 were wounded when explosives planted by insurgents in a building being used as an observation post were detonated on Sunday, causing the structure to collapse in Fallujah.


© 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
URL: Official: Saddam's deputy hanged - Conflict in Iraq - MSNBC.com


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© 2007 MSNBC.com

Official: Saddam's deputy hanged - Conflict in Iraq - MSNBC.com

Syria and Iraq sign Memo of Understanding on Electrical Power


18 March 2007


DAMASCUS - Syrian and Iraqi electricity ministries on Sunday signed a memo of understanding on a number of joint issues in the field of electrical power investment, distribution and connection.


The memo states that both ministries study executive programs of electrical power linkage between the two countries' nets within the septet linkage system, it is expected that power linkage between Syria and Iraq be implemented next year.


According to the memo, both countries will exchange expertise in the domain of electrical power, training the Iraqi cadres in the Syrian training center in cooperation with Japan International Cooperation Agency (JICA).


Syrian Minister of Electricity Ahmad Khaled al-Ali and his Iraqi counterpart Kareem Hasan signed the Memo and exchanged cordial words in which they underlined the importance of boosting cooperation in the field of electricity in the interest of both countries' economy and development.

By Mazen

© SANA (Syria Arab News Agency) 2007

Article originally published by SANA (Syria Arab News Agency) 18-Mar-07

Syria and Iraq sign Memo of Understanding on Electrical Power - Zawya.com | Middle East Business News

Bush demands that Congress grants Dollars 100bn Iraq funding


Tuesday, Mar 20, 2007

George W. Bush yesterday marked the beginning of the fifth year of the Iraq war by warning the Democratic-controlled Congress to ap-prove Dollars 100bn in emergency funding for the war "without strings and without delay".

The US president, whose poll approval numbers are hovering just above their all-time low, also warned Capitol Hill that any attempt to withdraw US forces from Iraq could prove "devastating" and spark a regional civil war.

In his five-minute televised address Mr Bush's choice of words were more downbeat than in previous statements on the war in Iraq. However, he said the "new way forward in Iraq", which he unveiled in his last Iraq address in January, was beginning to take effect.

Mr Bush said that if US and Iraqi forces continued to make progress in their joint security operations in Baghdad and elsewhere then the war "can be won". This contrasts with the president's traditional statements of confidence in the ultimate certainty of US victory. Mr Bush said that fewer than half of the 21,500 new combat troops had so far arrived in Iraq.

"I want to stress that this operation is still in the early stages . . . The new strategy will need more time to take effect. And there will be good days, and there will be bad days," he said. "Four years after this war began, the fight is difficult, but it can be won. It will be won if we have the courage and resolve to see it through."

Yesterday's broadcast comes as the US House of Representatives is considering a Dollars 124bn (Euros 93bn, Pounds 64bn) appropriation for Iraq and Afghanistan, that would attach conditions on the -disbursement of funds linked to the Iraqi government's progress in meeting "performance benchmarks".

The measure, which Republicans have said would subvert the US constitution by arrogating power to -Congress that belongs to the US commander-in-chief, is expected to be voted upon this week. But it is unclear whether Nancy Pelosi, speaker of the house, can muster the necessary 218 votes to pass the measure in the 435-member house. Nor is it clear whether it would pass in the US Senate, which last week voted 50 to 48 against a similar bill.

Mr Bush yesterday took the opportunity to have a dig at the fact that the Democratic majority has added in a number of "pork barrel" items to the bill, including Dollars 25million for spinach growers, Dollars 100million for citrus growers, Dollars 74million for peanut storage and Dollars 283million in milk subsidies.

The bill also includes more than Dollars 4 billion in additional "emergency" payments to farmers in compensation for recent weather disasters.

"They have a responsibility to pass a clean bill that does not use funding for our troops as leverage to get special interest spending for their districts," said Mr Bush.

By EDWARD LUCE


© Copyright The Financial Times Ltd 2007. Privacy policy.

Bush demands that Congress grants Dollars 100bn Iraq funding - Zawya.com | Middle East Business News