Thread: Iraq/Dinar News Until 5/31/2007 7:15 PM CST..

Originally Posted by fredgwest1999

Sadrist bloc won't vote on six figures to be named as new ministers – spokesman Baghdad - Voices of Iraq

Sunday , 27 /05 /2007 Time 10:12:47 </B>

By Adel Fakher Baghdad, May 27, (VOI) –

The Sadrist bloc, or members of parliament loyal to Shiite leader Muqtada al-Sadr, will not vote on the six candidates proposed to occupy their former ministerial portfolios on the grounds that they are not "technocratic enough," a spokesman for the Sadrists said on Saturday.

The six ministerial positions became vacant after Sadr withdrew his six ministers from the government of Iraqi Prime Minister Nouri al-Maliki in April 2007 in protest against its failure to come up with a timetable for the withdrawal of foreign troops and to provide necessary services for Iraqis.

"Our objection did not rest on the fact that we are members of the Sadrist bloc but rather as members of the Iraqi parliament. The ministers of the Sadrist bloc were better than the new candidates from both practical and independence perspectives," spokesman Nassar al-Rubaie told the independent news agency Voices of Iraq (VOI) during a parliamentary session on Sunday.

He said some of the new candidates have been outside Iraq for more than 25 years.

Maliki, during a session of the Iraqi parliament on Thursday, proposed the names of the candidates to fill the ministerial vacancies left by the six ministers loyal to leader Sadr last month.

The Sadrist members of parliament are part of the Shiite Unified Iraqi Coalition (UIC), the largest bloc with 30 seats out of the total 275.

Aswat Aliraq

I know they just keep talking about it. But OSW feels this is MUST NEED, and very Important for the Iraqi's aswell as our Investment. I just wish they would Hang the ones that are corrupt. Would send a Strong message for the ones that might think twice next time.

So go back like it was when Sadaam was in power?

Originally Posted by Elfwizard

So go back like it was when Sadaam was in power?

But with out Sadam's Views.

55% of Iraqi families suffer deteriorating economic level

Baghdad (NINA)-A social survey, carried out by the central statistics system of the Ministry of Planning and Development Cooperation, has revealed that

55 percent of Iraqi families are affected by the bad economic status all over Iraq. *


A source in the statistics system said Sunday, “This survey wh....

NOTE: Rest of article by subscription

NINA & National Iraq News Agency

THEY will need a economic Miracle
To Save This Country!

*Also with over 9 million living below poverty level according to the UN...2.5 million in refugee camps in Syria and Jordan...50,000 fleeing every month...

WHERE DOES IT END?

MIRACLE OR TRAGEDY?

Originally Posted by fredgwest1999

THEY will need a economic Miracle
To Save This Country!

Rehabilitation in Amara

Amara(NINA)-

Maysan’s governor said that the Minister of Finance Baqir Al-Zubaydi agreed in principle on allotting a sum of money for rehabilitating the plastic complex in Maysan. Adel Radhi said, “ The Minister of Finance promised to earmark 2 billion USD or more to rehabilitate the complex and (rest by subscription)

NOTE:
$2B USD just for one industrial complex...

Where they gonna raise that kind of money @ 1259D/USD...

That would be one big wad of dinars out of the budget...

Remember $11B USD is for investment in this year's budget according to the Finance Minister...

$2B USD for just one project takes a big bite out of the $11B.

Where is all this extra money coming from??

Maybe at .78D/USD they got money coming out their ears and can actually pay for all the projects that they have pledged money to... (JUST IMHO)

NINA & National Iraq News Agency

economic miricle isnt the word,reval the darn currency, that would be a great start,maybe there waiting to reval after 3 quarters of that country is a ghost town,more iraqi's that get killed each day means less money the goi has to pay out,great strategy IRAQ, think we autta send the men in suits and fit them in uniforms, send them out in the streets and see how they like getting shot at

Dr. Ibrahim Roses : low inflation indicator of the good performance of the monetary policy

Date : Sunday, May 27
Page name : Economic
BAGHDAD - Hassan Al-Rubaie
Dr. Ibrahim Musa Roses teaching in the Faculty of Administration and Economics University of Baghdad that inflation disastrous results reflected on the life of the community, compounded by uneven and generate incomes and reduction in the level of operating capacities and thereby diminishing employment opportunities, and unemployment rates are an economic indicator, which reflects the good performance of the economic policy of the government The trends economics

He added in a lecture he delivered in a specialized symposium on the effects of inflation and its impact on the economic situation of living that is durable swap between the inflation rate low and the unemployment rate is high and vice versa and that the stability and growth not only bring in a stabilization of cash.
And the case is the cause of the continuous rise in prices is enormous and significant expansion in the money supply in quantities greater than demand plus Nakecudi that the model must be based on a function of the stable cash balances real and such stocks is supposed to be a function of the level of real income and the opportunity costs retention money.
He therefore called roses to the study and analysis of inflation in the light of the structural composition of the national economy should be seen as a result of the limited number of bottlenecks and constraints in the national economy which is imperative in any economy trying conditions to grow rapidly in the presence of bottlenecks or restrictions, most notably :
- Inelastic supply of food due to increased demand, which can, for example, secure the agricultural sector due to structural constraints of this sector and could not respond to requests broad result of high demand.
- Under the foreign currency shortage great sense and not available to cover imports due to serious shortage of production and the risk rises in the material and the lack of balance in the balance of payments paid to ease its currency and the increase of inflationary pressures.
The third limitation is associated with the lack of internal financial resources (budget deficit) any inadequacy in government revenue to offset the growth rates and spending ..
Roses also stressed that the ways and means of addressing a result of inflation, which causes many to be linked to the expansion of the money supply, achieving economic stability must be cemented through the building and the Iraqi monetary unit value (the dinar) at the foreign currency exchange rate and strengthen and reduce inflation only with controlling transnational phenomenon and monetary stability monetary growth to achieve economic stability. It is the responsibility of monetary policy, which should make the system more flexible exchange system from its current working towards gradual ascent for the benefit of the Iraqi dinar what ultimately creates a stable economic climate provides prosperity and optimism and growth of the Iraqi economy, it is understood from the analysis of Dr. Ibrahim Roses that with the procedures the Central Bank to strengthen the value of the dinar Iraqi against foreign currencies.

Intensify the hunt for the promoter counterfeit currency in Najaf
Date : Sunday, May 27
Page name : Economic
Najaf Hussein Kaabi
Najaf police directorate has intensified its activity to arrest the promoter counterfeit currency. The security source said, adding that this measure came after the emergence of many cases of dealing in counterfeit currency Alweh sale of sheep, where one of the vendors sheep communication to the Directorate of the police

He guessed that the source of these gangs targeted Alweh active sheep to the lack of sufficient expertise there to detect counterfeit currency. Another aspect of the Directorate to combat economic crime control more than 2000 liters of fuel being sold on the black market. and arrested a number of vendors on the black market and turned to the judiciary according to Article 240 (s. p), the Directorate has also formed a number of committees to follow up shops Algosabh contrary to specifications, in collaboration with the veterinary hospital in Najaf

The distribution of agricultural land to graduates and unemployed
Date : Sunday, May 27
Page name : Economic
Abdul Rahman intransigence
While we appreciate the arable land in Iraq Pmaidl (5, 44) million acres, the area of investing practically did not exceed (12.5) Mellon dunums, in addition to the officially-Maialln period and again reclaim tens of thousands of acres over tracts of agricultural land


Our reports and studies that the reasons for leaving large tracts such many of them, the reluctance of farmers on agricultural work for a variety of reasons, including poor planning methods of irrigation, lack of equitable distribution of land, increasing salinity, the high cost of agricultural process, including mechanisms and machines plowing, planting and harvesting and the high prices of seed, fertilizer, transportation and others, the lack of financial allocations for the agriculture sector. Has all this and other reasons to lower the importance of this sector since 1970, despite upward its capacity to absorb more investments, financial and manpower and Mrodat better.
Have encountered many of the foreign and Arab States such a situation, but was able to develop appropriate practical solutions, One was apparently away from Bal concerned with the experiences of other States proved its success as one of the practical solutions, including experiences of the United States, Egypt and Saudi Arabia. This is a solution in passing laws granted land, by which the distribution of agricultural land good or needs to be reclaimed and address, Those wishing to work and production and unemployed workers in particular and agronomists and graduated high schools and institutes of agriculture and their numbers reach the tens of thousands, increasing annually by the hundreds every wish to engage in agriculture and experience in helping them do all that is necessary in addition to appropriate plots of land area Kmenhahm financial loans facilities and soft conditions and requirements necessary as fertilizers, seeds, machinery and irrigation water for a reasonable allowance paid over long periods, and after a period of achieving output.
The reports prepared for these global experiences of the young people who fought to transform the land granted to them to the farms producing crops and diverse contribution to the national income and to address the housing crisis and unemployment, and the communication in the application of this experience will increase the amount of land planted annually, which will liaise with each other and turn into farmer major tailored to the needs of the local market and reduce the importation providing hard currency for the country.
Seems we need urgently to apply such experience with the growing numbers of unemployed, especially the graduates of colleges and institutes and high schools in addition to agriculture to stop the deterioration of agricultural land due to lack of investment, where the report by the strategy for reconstruction in the Ministry of Planning and Development Cooperation that 75% of irrigated croplands suffer deterioration due to poor management of agriculture and Perfusion with increased allocations agricultural sector where the budget of the Ministry of Agriculture for this year (62) billion dinars were seen by a number of spe******ts and representatives is not sufficient Maystant Perhaps the success of this experiment is to energize the proposal of the Agriculture Committee in the House of Representatives to establish agricultural villages in each governorate. The several points, including distribution (50) dunums of agricultural land each (100) graduate cultivation in each governorate, with the granting of adequate salaries until the start of production and advance the benefits of simple.