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Iraq has filed case against Blackwater: PM
Iraq has filed a lawsuit against private security firm Blackwater in a US court and will file another in Iraq, Prime Minister Nuri al-Maliki said on Monday, amid fury over an American court dropping charges against five Blackwater guards.
"The US justice department has protested against this decision," Maliki said, referring to the ruling last week to dismiss criminal charges against the guards, who were accused of killing 14 Iraqi civilians in an unprovoked attack in September 2007.
"For our part, we have formed a committee and filed a case against Blackwater in the United States and will file one here in Iraq," he told reporters in the holy Shiite shrine city of Najaf in southern Iraq.
Maliki did not give any further details about the case.
Government spokesman Ali al-Dabbagh said on Friday without elaborating that Iraq had "started to take the necessary measures to bring Blackwater to justice."
The guards, who had been part of a convoy of armoured vehicles, had been charged with killing 14 unarmed Iraqi civilians and wounding 18 others during an unprovoked attack at a busy Baghdad roundabout using guns and grenades.
Iraq says 17 people were killed.
US Federal Judge Ricardo Urbina dismissed the charges against the five, saying prosecutors violated their rights by using incriminating statements they had made under immunity during a US State Department probe.
The case was among the most sensational that sought to hold Blackwater employees accountable for what was seen as a culture of lawlessness and lack of accountability in the company's Iraqi operations.
Blackwater pulled out of Iraq in May, after the US State Department refused to renew its contracts. The company changed its name to Xe Services last year.
http://www.zawya.com/Story.cfm/sidAN...t%20Blackwater
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Went to open financial accounts in private banks for the business and provide facilities
The Ministry of Finance "community self-financing and insurance to open accounts in Iraqi banks in order to provide civil investment opportunity for the private sector and providing facilities to businessmen."
A source at the ministry told the independent press (Iba) today, "the directive came after a meeting with Prime Minister Baqer al-Zubaidi, the Iraqi National Business Council and the delegation accompanying him, and listened to a detailed explanation by the businessmen of the most prominent projects that can contribute to its implementation in the field of construction and the establishment of factories and the development of banks."
The source quoted as saying al-Zubaidi "The Iraqi government strongly supports the Iraqi private sector as an efficient sector, which contributes to the process of reconstruction and rehabilitation of infrastructure. Indicating the Iraqi private sector large and active role in the process of reconstruction and construction."
"The President of the Council submitted a proposal to establish an investment fund with a view to entrusting the private sector and concessional interest rates contribute to helping entrepreneurs to finance their projects in Iraq."
He called al-Zubaidi "to provide an extensive study of the fund and the formation of an ad hoc committee to study it from the professionals and the Ministry of Finance, banks and businessmen as well as the next phase will see the clear support for the work of the private sector through activation of the dry port of Ahalchip and support private sector banks."
Zubaidi and detection of "give all Ahli Bank capital (100) billion dinars, the opportunity to open up government funds to (4) million dollars for each adoption of which would constitute a quantum leap in the performance of private banks. :ro_emote:
http://www.ipairaq.com/index.php?nam...onomy&id=19468
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Investment authority: turnout expected for foreign companies in Iraq with the beginning of the new year
Expected Advisor National Investment Commission Abdullah al-Bandar, "popular on the Iraqi market by foreign companies with the beginning of the new year."
He said Bandar, in a press statement that the investment conferences held by the Commission last year resulted from the contest of companies to submit their offers of investment in various fields, and there are preparations for the completion of investment maps fully to proceed in completing the projects."
He said Bandar, "that the country is on the way to a free economy and investment rather than a centralized economy because of openness to the world that you see in Iraq is now a market and promising to compensate the losses suffered in the global financial crisis during the past two years."
http://www.radiodijla.com/cgi-bin/ne...?id=2010-01-03
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ISX cancels 1st session in 2010 due to ‘technical failure’
The Iraqi Stock Exchange (ISX) on Monday canceled its first session of 2010 due to a technical failure, according to an official statement.
“The required maintenance have been taken by the technicians and the sessions will be resumed on Tuesday (Jan. 5),” said the statement received by Aswat al-Iraq news agency.
http://en.aswataliraq.info/?p=124677
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CBI sells $242m in its 1st 2010 auction
The Central Bank of Iraq’s (CBI) dollar sales jumped to $242.275 million in its daily auction on Monday- the first this year, compared to $48.760 million during the previous session.
“The demand hit $30.670 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $211.605 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 16 banks that participated in today’s session offered to sell dollars.
http://en.aswataliraq.info/?p=124662
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interviews with companies Adplchgil fourth m.obile phone network
Communications confirmed that the company will be mixed
The Ministry of Communications announced that several companies were interviewed on the m.obile phone to prepare for the fourth run the license. He said Undersecretary for Technical Affairs Amir Khader al-Bayati said in a statement singled out by the "morning".
After the initial approval of the Council of Ministers on the operation of the fourth license for m.obile telecommunications, the Ministry began to take serious steps to meet many companies that have a long tradition in this area and be able to find a balance in the Iraqi arena and can provide good service at affordable prices. He added that this measure comes from by the Ministry of Communications is seeking to undertake a project can provide better services to citizens, pointing out that the ministry is not willing to repeat the experiences of others in this area.
He said the ministry will create a project and compete with other companies in a fair, noting that nothing in the ministry intends to strike at those three companies operating in Iraq. Advisor, Ministry of Communications for the m.obile phone Dr. Hiam Yasiri said in an earlier interview conducted with her "morning," said a committee was formed chaired by the Minister of Communication Eng Farouk Abdel-Qader Abdul-Rahman, secretary general of the membership of the Council of Ministers on the Keywords and Chief Adviser and Director General of Information, Communications and the Head of Legal Department at the General Secretariat of the Council of Ministers shall submit a feasibility study and the establishment of a joint stock company is a hybrid of the Ministry of communications where the share of stocks and put The rest of the subscription to the public and independent company.
http://translate.googleusercontent.c...Rj8Of6w2O0-yog
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WFP: MoU with Iraq will help reduce poverty
The United Nations World Food Programme (WFP) described a Memorandum of Understanding (MoU) signed with the Iraqi Ministry of Trade as a “critical element” of a poverty reduction strategy, a ministry statement said on Tuesday.
This came during a press conference held by Trade Minister Safa Al-Deen Alsafi and the WFP Iraq Country Director Edward Kallon after the signing of the memorandum, according to the statement received by Aswat al-Iraq news agency.
“This is a joint partnership, part of the process, led by the MoT, to improve and strengthen the Public Distribution System (PDS),” Kallon said.
“WFP, with more than 40 years of experience in international food assistance, can play a key role in helping improve the management of the PDS supply chain,” he indicated.
This partnership is a critical element of the Iraqi National Development Plan and Poverty Reduction Strategy, and the UN Development Assistance Framework (UNDAF) to strengthen social safety nets for vulnerable groups. It is also in line with the WFP’s five-year country strategy for Iraq (2010-2014), according to Kallon.
http://en.aswataliraq.info/?p=124712
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Finance minister, German envoy take on economic ties
The Iraqi minister of finance has met with the German ambassador in Iraq and a senior diplomatic advisor to discuss economic and financial relations between the two countries, a ministry statement said on Tuesday.
“Finance Minister Baqir al-Zubaidi discussed means of boosting economic and financial relations between Iraq and Germany with the German ambassador in Iraq and the political advisor in the German embassy,” according to a statement published on the ministry’s web site.
Zubaidi called on German companies to contribute to infrastructure construction, the statement indicated.
http://en.aswataliraq.info/?p=124698
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CBI sells $196m on Tuesday
The Central Bank of Iraq’s (CBI) dollar sales fell to $196.572 million in its daily auction on Tuesday, compared to $242.275 million during the previous session.
“The demand hit $24.890 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $171.682 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 18 banks that participated in today’s session offered to sell dollars.
http://en.aswataliraq.info/?p=124702
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Asians and Africans are looking to get rich in Iraq
Tens of thousands of poor people in Asia and Africa, traveling to Iraq through the offices of travel agents in search of old posts, and considerable material benefit paid to foreign workers in this country as it swayed and persuaded them to middlemen and brokers.
The magazine Der Spiegel, German investigation, in its latest issue, for those workers who dream of wealth in the new Iraq. P "Ganesh Kumar" citizen of Nepal, a simple case, at the age of 22 years, had never heard of before about Iraq and knows where is located on the map, but one travel agent told him that there is a war in this country, and there are many jobs available and there and are looking for workers, and wages are very high, quite the opportunity, and the functions required for urgent action in Iraq is in restaurants, cleaning, construction worker can to get $ 1200 per month or about 850 euros for 8 hours of work per day with two days leave in week.
This is the information that made it "Kumar" to Enzdd often in front of this fantastic salary for him, Fmhunth factor in Nepal did not allow him to charge more than $ 50 per month, hatched the idea in his head completely and decided to sell his house in the small town, "Lahan", located in western Nepal The small plot of land owned by all for Euro 3700, and became assured that the amount is adequate to pay for the travel office in the capital of Nepal "Kathmandu", which will organize a trip to travel to Iraq and find appropriate work for, and then also pay for a plane ticket.
Claimed, "Kumar" poor miserable man who knows nothing about the events in Iraq in weaving dreams for his future bright pink after working in this country, in the first half of the year will be able to afford the trip, in the second half will purchase a new home for his parents and will be able to get married after that.
Travel to Iraq
It's time to trip and Hessen Labor Office official who has dealt with him to the airport and then a plane to Iraq and left to its fate unknown ..
Arrived, "Kumar" to the Baghdad airport, formerly Saddam International Airport, a small bag in his hand .. and in front of the passport officer took one of his passport, and led to the area, about one kilometer to roughly one corner of the airport away, lined with hangars for Iraqi Airways when he arrived .. "Kumar" to this place, dropped in his hand immediately, there were dozens of men, apparently from Nepal are also in their appearance and sported signs of tiredness and fatigue, it is expected some of them in this place two months ago, and others for three months, sleeping on the ground and Ilthvon plastic bags, but do not have food or water, and waiting for any glimpse of hope gives them the opportunity to work in the land of dreams, at the moment is certain, "Kumar," The dream has become a mirage and he had been a scam from the travel agents in the Nepalese capital, Katmandu, especially since he did not find a delegate be received at the airport as promised, by did not find work ahead ...
Situation is driving poor people in Nepal have been displaced, more than 600 people a day traveling abroad, mostly to Malaysia, or go to Dubai, The poor, miserable seducer Viottaghon them to Iraq. In 2004 it was reported that 17 thousand Nepalese have moved to work in Iraq, in the same year also was abducted and killed 12 of them to pressure their government to prevent them from traveling to Iraq and to work with the occupiers.
Travel agencies are using these ordinary people and sending them to Baghdad, but did not know many of them to any destination are turning to it, they are up to Baghdad from Bangladesh, India, Sri Lanka, Uganda, the Philippines, Ethiopia and Indonesia. Tens of thousands of working in the U.S. bases in restaurants, cleaning and driving, they're very cheap labor compared to the Iraqis.
Kumar joined to 60 people of Nepalese in one of the hangars at the airport in Baghdad, and in three barns there was a large gathering of the world's poor, who deceived them for work in Iraq without them being aware of what is Iraq!
Kuwaiti company to cooperate with a U.S. company in the provision of other services to U.S. forces, 450 people used them, but quickly came under harsh conditions at work and accused the company of fraud and it's Atattiyhm salary agreed upon, and some of them could escape to Kuwait and from there returned to their home country while he a company spokesman said they got their full rights.
Every day trying to "Kumar" in the hangar that looking for a place protected from wind and cold, which increase with the night hours, and every three to four days attending to them a group of American soldiers and throw them food and water bags, each bag of beans, beans, eggs, rice, If the food make it any ordeal, but the voices of the landing and takeoff deaf ears in the night and day, they are living like prisoners at the airport do not have a passport and do not know anyone in this country, not even Tmakraudp plane to their home countries .. hey can not also Mbarahp the Green Zone for fear of murder or kidnapping.
"Kumar" did not know exactly what happened to him and how things changed in this way, because what he heard from the Office of Nepal's travel was something entirely different from what he sees now, it's all the time in the airport Aestma only words like .. Security .. Security .. To Aozaiv.
As such claimed "Kumar" with another group of Nepalese are thinking of what he did to their friend "were born Sherpa," who attended to them a week ago and when he saw what was happening, could not wait too long, decided to leave to return to Nepal.
Kumar will no longer any hope, he knows now that it's the will of God that wanted him, and decided to return to Nepal.
Kumar got a ticket to return from an international organization for migration and 6 other people a few days before returning to Kathmandu, returning again to their old lives as they were poor, and leaving Iraq is mired in problems.
http://translate.googleusercontent.c...KlbAieqkz7SaSg
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Iraq ratified the agreements of four major oil fields :party::party::party:
An Iraqi government spokesman Tuesday that the Iraqi cabinet approved contracts with foreign energy companies to develop four oil fields, is crazy and Gharraf .. In the province of Nineveh and Qayyarah star.
In December, (December), The Ministry of the Iraqi oil service contracts with seven unions in principle foreign companies to develop fields, including the giant Majnoon field, which was won by Royal convening Dac Shell and Petronas of Malaysia, in a tender held in the same month. According to the Ministry of oil, companies should have to now sign the final agreements, before it can proceed.
The agreements are part of Iraq's ambitions to develop its oil sector, which suffer from poor performance, but increase production capacity to 12 million barrels a day, a huge increase from the current production level, which amounts to about 2.5 million barrels a day.
The transaction, which was ratified by the Cabinet on Tuesday, has offered to foreign companies in the licensing round on 11-12 December, the second of its kind raised by Iraq in the last year. Royal won Dech Shell, the largest oil company in Europe, and Malaysia's Petronas, the right to develop the huge Majnoon field, near the southern city of Basra. The total reserves of 12.6 billion barrels crazy, making it one of the largest untapped oilfields in the world.
And after the performance has been more muted in the first round of licenses, which was held in June (June), praised the Iraqi officials on the tour December, said it had achieved a great success. The total reserves Gharraf, a field of smaller, 900 million barrels, and won developed by Petronas and Japan to explore for oil "JAPEX." And won the Angolan oil company "Sonangol" the government to develop and star fields Qayyarah in Nineveh province in northern Iraq.
The total reserves of 800 million barrels Qayyarah, and is located south of Mosul, the provincial capital, with reserves of a field near the star about 900 million barrels. There are still three agreements of the second round, subject to approval by the Council of Ministers, including the holding Halfayah field, which won the right to development of Chinese national oil companies, Total and Petronas. Reserves are estimated Halfayah field, located in southern Iraq, about 4.1 billion barrels.
There is also a field of Badra, who reserves of 100 million barrels, and won the contract to develop Russia's Gazprom and MTV. Me. A. Kogas or Turkish, Korean, and Petronas. The third agreement the development of the second phase of West Qurna field, which was won by Russia's Lukoil and Norway's Statoil. The giant field reserves of 12.9 billion barrels.
After signing the initial contract, the government said it was seeking amendments to technical or operational contracts. He said Sabah Abdul-Kadhim, director of the legal department and commercial department of contracts and licenses in the Oil Ministry, said that Sonangol is the first company to accept the proposed amendments, followed by other companies, the government approved contracts on Tuesday. Expected to receive responses by the other companies on Thursday.
http://translate.googleusercontent.c...N35V_2KZbHSGXg
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Oil: The continuation of talks with Iran and Kuwait to unify the production of joint fields
Ministry of Oil announced the continuation of talks and meetings for the unification of production from the fields of border with Iran and Kuwait, and the agreement of memoranda of cooperation in this regard.
http://www.radiodijla.com/cgi-bin/ne...?id=2010-01-05
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Finance Minister: the government has to pay most debts owed by
Finance Minister Bayan Jabr said the Iraqi government has to pay most debts owed them, noting that the debt profile in decline.
Al-Zubaidi said that "there are committees to study the profile of debt in a thorough and is addressing this file is to Aibdhir Iraqi funds."
Adding that "Kuwait and Saudi Arabia, the countries which had convicted them of Iraq and that there is a clear understanding by them with regard to the mechanism of payment of money."
He pointed out that al-Zubaidi "This year will see many developments, notably the integration of Visa customs between Baghdad and Erbil."
http://www.radiodijla.com/cgi-bin/ne...?id=2010-01-05
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Central Bank to stop the auction sale of currencies on one because of the holiday Accounting
Stop the Iraqi Central Bank auction to sell foreign currencies for one day only because of the holiday accounting.
A media source in the central bank said "Stop auction for the sale and purchase of foreign currencies on Sunday as a holiday only for accounting, indicating that the auction" will resume its normal Friday."
The central bank held five meetings weekly auction, which began on Sunday and continue until next Thursday in order to buy and sell foreign currencies, and receive a cash commission on the sale of about 13 dinars per dollar, and receive a commission of three dinars per dollar on the sale of remittances outside the country.
http://www.radiodijla.com/cgi-bin/ne...?id=2010-01-04
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Maliki: It is time to resolve the file Kurdistan oil contracts :ro_emote: :waiting:
Iraqi Prime Minister Nuri al-Maliki, Sunday, it was time to open a file Kurdistan's oil contracts and resolution flexibility, realism reservation rights and interests, and contribute to the distribution of revenues among all Iraqis equally.
This came in response to a question about Maliki's position on the province of Kurdistan's oil contracts, and in his window electronic communication within a site of the National Center of Sciences.
He made it clear in his answer: "We talked with the Prime Minister of the Kurdistan Region, Dr. Barham Saleh and said it is time to open this file and resolved with flexibility and realistic reservation of rights and interests in these contracts"
Maliki said he hoped that the matter is "a crisis on the basis of desire in the solution, and that the ownership will be contained within Iraq's imports are distributed equally to all Iraqis," and through "local and federal governments and must be received by the Iraqi individual right to services and employment, education, health and others."
And Kurdistan was awarded over 30 contracts to international oil companies over the past few years, despite objections from Baghdad, which in turn prevented the international companies working in Kurdistan to compete for oil contracts in the rest of Iraq.
http://translate.googleusercontent.c...Gihzrjiu0spQbw
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I just found this from 30th December - thought it was worth a post.
Indicators to measure the independence of the Central Bank of Iraq
First: the concept of independence
May be more controversial things and then the conflict in economic policies in various countries of the world, including in Iraq is the question of autonomy enjoyed by the monetary authorities represented by the Central Bank of the Government, that is, excluding the effects of government intervention or monetary policy decisions, and considering that the concept of independence ( Independence) is the antithesis of the concept of dependence (dependence)
It has raised questions about the independence of central banks from? nd accepted their subordination to it? What is the degree or level of such independence or dependence? And certainly Alijabpaly such questions lies in the nature of the prevailing economic systems and existing legislative rules that define the relationship between monetary policy and the government, despite the (extreme) some supporters of the independence of the Central Bank as described Monetary Institute President in any country, which include its control of other institutions, as well as creating coordination should be the subject of central bank complete independence, as well as opponents of the independence of those who assert that because the government represents the people who chose them, they sometimes set targets general priority of its economic policy may not comply with the policy of the central bank to achieve price stability, and supports This view of what happened in Germany during the period of German unification in the early nineties when he succeeded the political decision of the Government's proposal to achieve unity between the two halves of the immediate cash to Germany, despite fierce opposition to the President of the German Central Bank for that matter, where he was concerned that this process will lead to negative economic consequences.
However, more moderate economic views see that the central bank to act as a government exercise its functions within the overall framework of the State, but the specificity of this institution to make independent decisions with regard to monetary policy, which must be consistent with the general economic policy of the State.
Second: the independence of the Central Bank of Iraq
In Iraq, the Iraqi Constitution (Article 100) is the Iraqi Central Bank, which manages monetary policy, an independent body financially and administratively, the Bank is accountable to the House of Representatives, meaning that the central bank would be accountable to the House of Representatives and not the government. In addition, the Central Bank Law No. (56) for the year 2004 (Article II, paragraph 2) confirms this ((In order to achieve the objectives of the Iraqi Central Bank and carried out his duties Iraqi central bank is independent and responsible as provided for in this Law, except that determines contrary to the Act, will not receive the CBI instructions from any entity or person or institution, including government institutions. and will respect the independence of the Central Bank of Iraq and anyone can influence and improper for any member in the decision-making body of the Central Bank of Iraq during the performance of his duties at the bank or interference in the activities of the Central Bank of Iraq)). In the light of the foregoing, the CBI seeks to achieve its objectives set by (Article III) of the Act, which is: to seek to achieve and maintain domestic price stability.
Promote and maintain a stable financial system is competitive and based on the market. Accordingly, the Central Bank also promote sustainable growth, employment and prosperity in Iraq. In the light of the foregoing it is inferred that the goal of addressing inflation is a priority at the expense of the rest of the other goals, and the market mechanism that will govern the economic philosophy of the state.
III: mechanisms of government borrowing
: What are the constraints and conditions by which government funding, and this represents the more elements that arise around the controversy and debate between the financial and critical and which are identified on the extent of acquiescence or subordination of monetary policy to fiscal policy, but that many of the stakeholders assert that the degree of independence Central Bank can be measured as soon recognize the limits of central bank lending to the government.
According to the legislation of monetary policy in Iraq (article 26), the nature of this relationship is determined by:
* Is not permissible for the Iraqi Central Bank credits, directly or indirectly to the Government or any public institution or a governmental entity, except as may be done by the Iraqi Central Bank to provide liquidity support in accordance with Article (31) to commercial banks belonging to the government-controlled Central Bank of Iraq, a condition that is the granting of such assistance in the same materials and conditions in effect upon the granting of commercial banks belonging to the private sector.
* The Central Bank may buy the Iraqi government securities, provided that such purchases are in the secondary market and only in conjunction with the market operations.
* Does not interpret Article (26) prevent the use of government securities in relation to any aspect of open-market operations or as security for facilities.
* The central bank support and facilities as lender of last resort lending to the bank metaphor or have a license issued by the Central Bank of Iraq in accordance with the Banking Act by granting financial assistance, provided that such assistance is necessary to maintain the stability of the financial system and the issuance of the Minister of Finance a written assurance to the Iraqi Central Bank on behalf of the government believes the repayment of the loan (Article 30).
IV: Measuring the degree of independence of Central Bank of Iraq
There are many variables that are adopted in most countries of the world, and through which to identify the degree of independence of central banks, are the four key variables relating to the Governor and the formulation of monetary policy and define its objectives and limits of government funding of the important indicators to be measured by which the independence of the central bank, as certain weights are determined for each variable, as well as determine the degree of ordinal indicators for these secondary variables.
In the application of these variables and indicators on the Central Bank of Iraq (according to the attached annex), based on existing legislation (Act No. 56 of 2004), it became clear that the degree of independence of the Central Bank of Iraq's actual (achieved) in the light of variables and indicators mentioned amounted to 78%, which is a clear indication the extent and degree of independence.
V.: independence and economic policy of the State
Some may wonder: Is that high indicator of the independence of Central Bank of Iraq is in the interest of the Iraqi economy and economic policy in general? The answer therefore holds the points of view, I: represent the view of monetary authorities (central bank) and its supporters, namely, that this high level (relatively) independent sets out clear tasks and responsibilities undertaken by the monetary authorities in achieving its fundamental objectives, and then the possibility of accountability for the failures or failures that occur within the scope of its responsibilities, in the sense that monetary policy is not ready to bear the costs of others, or not responsible.
The second view: that often the financial parties and their supporters, they consider to not be such a high degree of autonomy at the expense of the general economic policy of the State and Government, in particular that the Iraqi economy is facing the problem of inflation lowers (Stagflation) means that the monetary policy to work within the framework of economic policy as a part of it.
But the big problem facing the Iraqi economy in general, not monetary or fiscal policy alone, is not to shape the features of economic policy in general and clear in the sense of procedures, institutions and legislation are clear and implementation, most Iraqi ministries, blames others and attributed the imbalance to some of them, which confirms that there coordination required between the various different economic policies. Fiscal policy aims to address the recession and unemployment, which requires an expansion in expenditure that leads to the creation of inflationary trends in the absence of the flexibility of the production base, which is inconsistent with monetary policy, which aims to counter inflation increase unemployment ... And continue a debate and conflict, and consequently does not achieve the objectives of monetary policy and fiscal policy objectives.
But there remains the question of independence of any policy, whether the cash or other indicators are good and important for each policy that gives opportunity to assume their responsibilities to achieve their goals, but more importantly is that this independence and interest in the service of general economic policy, and supportive.
http://translate.googleusercontent.c...kAufUymW9oCcRA
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The Egyptian government is considering importing natural gas from Iraq
Egyptian sources said the government is currently considering importing natural gas from abroad, especially from Iraq, to ensure the needs of the local market of energy.
Sources quoted in the Secretariat of the National Party policy, the Governor, the Minister of Petroleum Sameh Fahmi, said at a meeting of the Committee on Energy Latest: «It is with the growing needs of energy and cheap gas prices globally, we are looking to import in two ways: the first from Iraq across the Arab gas pipeline, and the second administration of stations for shipments imported in the Damietta free zone ».
Sources did not disclose how the harmonization of agreements and obligations of exporting gas, signed between the Ministry of Petroleum and firms, and what needs to import gas operations Stlbhe proposed.
A senior official in the petroleum sector that Sameh Fahmi said that the import of gas objective benefit from the declining prices in the global market.
Sources in the Energy Commission directed that the Egyptian government to import natural gas is in the light of its recommendations the need to increase the proportion of Egypt's participation in regional energy sources available, to move abroad for the growing needs of its sources, whether gas or petroleum products.
The Iraqi Oil Minister Hussain al-Shahristani has recently pointed to the EU's willingness to import Iraqi gas via a network that stretched from Syria, Jordan and Egypt, to feed the European market, which was the subject of talks with Egyptian Minister of Petroleum and Iraqi officials last year.
http://www.ipairaq.com/index.php?nam...onomy&id=19570
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Check oil fiscal revenues exceeded 41 billion U.S. dollars last year
The Oil Ministry announced to achieve financial returns have exceeded the 41 billion dollars during the past year, exports of crude oil export via the ports of South America, and Ceyhan in Turkey.
The press spokesman of the Ministry Asim Jihad, said the financial returns on the export of oil until November of last year reached 36 billion dollars, which is the amount to be provided to the State Treasury.
He noted that a guiding ministry achieved a fiscal surplus is estimated at more than $ 5 billion, through the production of oil in the past two months, which amounted to about 2.4 million barrels per day.
He added that the ministry and, despite its northern export system to sabotage able to compensate for exports through the stockpiling of oil.
http://www.ipairaq.com/index.php?nam...onomy&id=19564
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Criticism of the banks, Iraqi government not to invest their deposits in the draft
The face of Iraqi citizens criticized the government banks, for lack of investment and massive financial deposits in development projects, especially that of the current year has seen several resolutions permit the granting of loans to citizens, but the banks prevented the citizen benefit from any of them.
The shopkeepers said the government banks do not benefit from the huge liquidity in the investment in the housing sector, or in the productive and service sectors, especially banking «Iraq» and «good» government, which under the pretext that the «Central Bank of Iraq» prevents them from investing their assets in enterprises, to control inflation, forgetting that investment enhances the country's economic and financial benefit to the banks themselves. And the owner of a shop in Karrada Street in central Baghdad, that the banks follow the procedure «impossible», if so requested, grant a loan of money, may take months, employees in what was described as one of the ministries of housing loans, as revived hope in himself, but was soon disappointed in front of the obstacles encountered.
The Director-General of the Bank «Iraq» Abdul-Hussein al-Yasiri, the «Central» imposition of restrictions since 2008 on the work of the bank, inventory investment through the purchase of stocks and bonds, and prevent it from direct investment to public sector deposits, or the updating of the financial benefits they state funds, as on them, stressing that the possibility of the bank balance, which exceeded 22 trillion Iraqi dinars (20 billion), contributing to the national development process, by withdrawing excess liquidity from circulation, and re-invested directly in the economic sectors, or the granting of credit. He explained that the balance of the bank is liquid government departments and the private sector, civil servant in the credit and indirect investment, by buying Treasury bonds.
http://translate.googleusercontent.c...QwcwqA#post758
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Ownership and lease of 50 years for foreign investors in Iraq
Grant amendment to the investment in Iraq has ratified the Iraqi presidency today foreign and domestic investors the right to own land and property and the rental for another 50 years, and the formation of local bodies to invest in the regions and governorates. With today issued another law for consumer protection, in order for adoption of the principle of justice and equality between the processors and consumers of commodities and recipients of services and to maintain their health and safety and to reduce the practice of fraud and manipulation Bamilp industrial packaging industry and is listed by the data and specifications.
The text of the new law, which sent the Iraqi presidency to be circulated "Elaf" on the right of the Iraqi or foreign investor to own land and real estate owned by the State define the terms of allowance calculated in accordance with special regime, has the right to own land and property belonging to the mixed and private sectors for the purpose of the establishment of housing projects exclusively, and to exhibit Iraqi or foreign investors who possess the purpose for which land or property and not by speculation.
In the case of the failure of Iraqi or foreign investor, who owns land or property under this Act to fulfill its obligations within the period specified in the agreement with the board of investment for the donors leave, by the Department of Real Estate Registration, at the request of that body to cancel the registration and return of land or property to its former owner allowance in return for selling him.
The law requires the investor Iraqi or foreign construction of housing units during the period specified in the agreement, sale or lease to the citizens in accordance with the instructions issued for this purpose. For the Iraqi or foreign investor to act in other parts of the housing project throughout the period of leave under the terms of the agreement with him. He pointed out that the right to lease land and property by the State, private and mixed sectors for the purpose of the establishment of investment projects by for no more than the duration of the leave, which does not exceed a duration of fifty years subject to renewal, taking into account the nature of the project and the economic feasibility of it.
And the right investment for the donors to leave the agreement with the Iraqi or foreign investor on the project to return to the State or Territory or the preservation of non-regular in the territory, after the expiration of the leave and the conditions contained in the agreement with him. It allows the Iraqi or foreign investor to transfer the ownership of the investment project in whole or in part during the period of leave to any Iraqi or foreign investor to another new investor continue to work on the project in the same jurisdiction or in another jurisdiction, after the approval of the donors leave, and new investor replaces an investor Previous rights and obligations under this law and the provisions of the agreement with the investor mentioned in the case of transfer of an Iraqi investor or foreign ownership of the project during the period of enjoyment of benefits, facilities and guarantees granted to him, the new investor continue to enjoy until the expiry of that period.
The law exempted from the special procedures of State for the rental of real estate investor, Iraqi or foreign, for the purposes of the establishment of investment projects under the Act from the provisions of law on the sale and rental of state funds No. (32) for the year 1986 or any other law that replaces it, is set the bases for calculating the rent, according to a regulation issued for this purpose, as well as from private rental properties SHIAC State for the Iraqi or foreign investor for the purposes of the establishment of housing projects under this article.
The Act provided for the formation of local investment in the regions and governorates not organized in a region which enjoys the moral and represented by its President or his budget and is financed by the region or province and have the powers granted investment licenses, investment planning and investment promotion, and have the right to open branches in areas under its control in coordination with the national investment to ensure the proper application of the law.
The Authority is headed by a staff member with expertise and competence rank of director general appointed for a period of (5) years the proposal of the conservative non-regular in the territory with the consent of the Council of Ministers and shall be Chairman of the Board of Directors. The President appoints the Vice-degree assistant general manager for five years by region or province that are not organized in the territory, and is Vice-Chairman of the Board of Directors, and the Authority Board of Directors consists of seven members, including chairman and his deputy. Appointed by the Territory and the conservative non-regular in the territory of two staff members from the region or province in the territory of non-regular workers in the constituencies with an interactive, functional grades for less than the director, part-time members of the Governing Council for three years.
The law to be trading in the Iraqi market for securities, equities and bonds listed and gain membership in the private equity and hybrid, but it does not prevent the existence of real estate as an asset of the companies mentioned.
On the applications for registration of companies or investments referred to a law that when an application was rejected, Vlsahbh to request reconsideration by the President of the region or province is part of a region within fifteen days of notification of the rejection decision, and the head of the body concerned to take action on the request within seven days from the date of registration in his office. The petitioner may appeal to the National Investment Commission within fifteen days from the date of rejection, the body deciding on the objection within fifteen days from the date of registration in the office of President of the National Commission for Investment.
If rejected by the National Investment Commission an application was submitted to it, Vlsahbh request the Tribunal to reconsider it within fifteen days of notification of the decision and the Commission should decide on the request within seven days from the date of registration in the Office of the Chairman, whose decision shall be capable of objection the Council of Ministers within fifteen days from the date Althblg it.
The Law new article to Chapter VII, provides compelling the Ministries of Finance, Municipalities and Public Works and the Municipality of Baghdad and in provincial and municipal bodies and the non-related to the Ministry to provide the land and real estate suitable for the establishment of investment projects and inform the national digits, area, ownership and gender and their uses, The National Commission allocated to investors or the Iraqis foreigners, according to the system proposed by the National Authority and the consent of the Council of Ministers.
And will apply the provisions of this law on mixed-sector projects and private-sector and working at the request of management and approval of the Authority without retroactive effect. The projects include the public sector contracted for rehabilitation or operation with the private sector and the mixed benefits and facilities and all guarantees contained in the law. And the reasons for this law, it was pointed out that it comes "in order to facilitate and organize the work in the National Organization for investment, and create a favorable investment climate in Iraq, especially in the housing sector, the removal of legal obstacles that impede it, which will reflect positively on the accelerating process of economic development and reconstruction in Iraq, initiated this law."
Presidential Council endorses the Consumer Protection Act
It also ratified the Iraqi presidency Also today, the Consumer Protection Act, to ensure that basic consumer rights and protection of the illicit practices that lead to damage, and raise consumer awareness and prevent any act contrary to the rules of import, production or marketing of goods or detract from the benefit or lead to mislead the consumer.
This law applies to all natural and legal persons who are manufacturing, processing, sale or purchase, marketing, import or provide services or advertising.
The Act provided for the formation of the so-called "Consumer Protection Board" has the moral personality and financial and administrative independence linked to the Council of Ministers. The Council is chaired by a full-time person with experience and competence in matters relating to consumer protection and holds a university degree, at least initially. The rank of Undersecretary.
The Council consists of members of the rank of director general representing the ministries of industry and minerals, trade, health, agriculture and communications. And members of the highly expert representing the Ministry of the Environment and the Directorate General of Customs and the General Authority for Tourism and the Central Agency for Standardization and quality control, as well as representatives of the Iraqi Federation of Industries and the Federation of Iraqi Chambers of Commerce and one of the agricultural associations, along with three members representing the private sector.
The board shall develop policies and action programs to protect consumer rights organization and raise the level of consumer awareness and to receive and investigate complaints and take appropriate decisions and recommendations in the matter and direct warning to the offender must remove the violation within seven days from the date of notification or trigger its end and the continuation of the violation. And is based on the Council in warning of reports of commissions of inspection.
The Council shall also examine draft laws concerning the consumption and the consumer and to make observations in respect thereof and conducting studies, research and building the information base on consumer protection and definition to the functions and terms of reference and objectives of consumer protection associations and to help in raising awareness of consumer rights and the Council enlisted the expertise and efficiency of state employees or others, whether they are natural or legal persons for wages or bonuses by the Board, as well as the formation of committees checkpoint its headquarters in Baghdad, with branches in the governorates of Iraq. The committees shall be composed of members by the relevant terms of reference on the protection of the consumer and the Council allocated a special budget of the General Budget of the State.
The responsibility of the inspection committees see the specifications of goods and control over the conditions Alkhoznip in stores and venues during working hours or after the provider and the advertiser to cooperate fully in this matter and report the competent authorities for goods damaged and not eligible for health and safety and follow its procedures in coordination with relevant ministries, as well as to reporting breaches to the Council.
The law provides that the customer has the right to obtain all information relating to the protection of legitimate rights and interests and specifications of goods and identify the proper methods to use or how to receive the service as the official language approved and guarantees for the items that require nature of such security for such period as may be agreed with the processor without loading the expenses additional.
For the consumer, all with an interest in the absence of access to information provided in this Article be returned in whole or in part to the supplier and to seek compensation before the civil courts for damage caused to him or his money because of it, as well as access to after-sales service in accordance with the agreement with the equipped and freedom to choose good or service offered for the price without any interference from the processor.
And about the duties of the supplier and the advertiser, the text of the law are binding to ensure that you install the data, specifications and the components of the product, especially beginning and end of the power and the country of origin before it is put on the market or prior to the sale or purchase or advertising and comply with the specifications of Iraq or global standard to determine the quality of the goods imported or manufactured locally shall be the Central Agency for Standardization and Quality Control is the reference for this purpose with the use of Paljhat animate the relationship.
Third: To take the name and business address and Kidahma fundamentalism in the records of the competent authorities and keeping records of approved activities and maintain Bossullac sale and purchase or reproduce, display or presented to the competent official authorities at the request or to enable them to be found in the place without any opposition. Olzmanma as not to promote any means of media, publishing and advertising of the product or service that the specifications are available for local or international standard adopted, and to allow for official animate the relationship may inspect and search at the work place to obtain samples of the reservoir and displayed, in order to conduct tests for the formally accredited to determine suitability for human consumption.
The Act prohibits the provider and declared the practice of fraud and deception, fraud and concealment of material fact composed of approved standards in goods and all services or the use of force or the reluctance with inspection committees and representatives of official bodies animate the relationship and prevent them from carrying out their duties entrusted to them or obstructing by any means, production, sale, display or Declaration for goods and services contrary to public order or morals, or obscure, or alter or remove the expiration date or distortion and repackaging products damaged or expired canisters and covers that carry power to a different truth and misleading Mstlhec.
The law is punishable by imprisonment for a period of not less than three months or a fine of not less than one million dinars, or both Any person who violates the provisions of Article (9) of this Act.
Second: Imprisonment for a term not exceeding three months or a fine of not more than a million dinars, or both Any person who violates the provisions of Articles (7 and 8) of this Act.
Third: Detective granted for any crime punishable under the law a reward of not less than one hundred thousand Dinars and not more than one million dinars to pay the party that is relevant if it leads to them telling the news to gain a conviction and the degree of resolution bits. I get under the law of goods and services dealt with by the supplier or marketer or advertiser of quality standards and a mechanism of supply and demand in relation to prices and production.
On the reasons for the ratification of this consumer protection law, the Presidency explained that it comes "in order to protect the consumer and adoption of the principle of justice and equality between the processors and consumers of commodities and recipients of services and to maintain their health and safety and to reduce the practice of fraud and manipulation Bamilp industrial packaging industry and is listed by the data and specifications".
http://translate.googleusercontent.c...df3aUxPy1qUZwg
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CBI off on Wednesday on army day
The Central Bank of Iraq (CBI) will not hold its regular session on Wednesday on the occasion of the anniversary of the foundation of the Iraqi army.
“Sessions will be resumed on Thursday (Dec. 7),” a source from the CBI told Aswat al-Iraq news agency.
http://en.aswataliraq.info/?p=124757
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Kirkuk officially objects to 2010 budget
Kirkuk governor said on Wednesday that he sent an official objection to the 2010 budget allocated to Kirkuk.
“We have received the budget allocated to Kirkuk (ID 115 billion) in 2010 and we officially objected to it in a letter sent to the planning ministry,” Governor Abdulrahman Mustapha told Aswat al-Iraq news agency.
“The budget is not enough and does not suit the province and its needs,” he explained.
“We hope that the ministry would reconsider this budget to help us reconstruct the destroyed infrastructure,” he added.
http://en.aswataliraq.info/?p=124761
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Iraq is demanding a $ 10 billion in compensation for the manipulation of oil for food program
The Ministry of Finance of Iraq, said Tuesday that the Iraqi government has moved to prosecute the number of foreign companies for their involvement in issues of financial corruption within the oil-for food, which was implemented by the United Nations for the period 1996 - 2003, while foreign media sources indicated that the amount of compensation claimed by Baghdad up to ten billion dollars.
And Undersecretary of the Ministry of Finance Fadhil Nabi , in an interview with "Alsumaria News", that "the Council of Ministers of the Iraqi government has moved recently to sue foreign companies because of its involvement of corruption with respect to the oil-for food and medicine."
Nabi said that "the Council of Ministers is the subject of follow-up to prosecute the companies involved issues of corruption that has touched its program," without giving more details about the names of those companies and the courts made the claims.
The French newspaper Liberation reported here Tuesday that Iraq could prosecute foreign companies from different countries in a U.S. court and demand compensation worth ten billion dollars against the backdrop of embezzling funds from Iraqi oil sales contracts within the oil for food program which was implemented under the supervision of the United Nations for the period 1996 - 2003
The paper disclosed that one of the lawsuits will be filed in U.S. courts in New York, calls which 39 foreign companies and institutions from different countries damages the amount of ten billion dollars for violating the oil for food program.
Among the companies that reported their names on the paper issue, Renault and bank BNP Paribas of France, and Siemens, Fiat, and Glaxo Smith Klein.
And must be according to the newspaper companies to respond to the accusations by Iraqi deadline of mid-January, current January, before the Court begins to hear cases.
The oil for food program, was introduced by the United Nations to help the Iraqis under the sanctions imposed on Saddam Hussein's regime after it invaded Kuwait in 1990.
The program provided for Iraq and for the period 1996 - 2003 to buy food and medicines in amounts estimated at 46 billion U.S. dollars were collected from the sale of a limited oil.
It has been uncovered in the 2004 scandal and foul in the program ended after one year to the Director of the program, Benon Sevan resigned from the United Nations.
And contributed to hundreds of companies from many countries, particularly France, Russia and China in the program, and demonstrated an independent investigation by the Commission led by the Federal Reserve chairman Paul Volcker, former U.S. of a manipulation of the program, on the different types such as invoices and selling adulterated oil company was given as gifts or for imported goods without the knowledge of the United Nations.
It is noteworthy that Iraq had raised after the war in 2003 and in several occasions the issue of oil coupons "lots of oil," awarded the former regime figures for Arab and international support for the announcement of Iraq's political positions.
http://pukmedia.com/english/index.ph...15484&Itemid=1
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Iraq approves oil deals, paves way for massive investment :ro_emote: :leader: :woohoo:
Iraq has approved all pending deals with foreign energy firms over oil fields auctioned last year, paving the way for more than 100 billion dollars in investment, the oil ministry said Wednesday. The nine contracts, which will be officially signed soon, will dramatically ramp up Iraq's oil output in the coming seven years and could make it one of the world's biggest crude producers, providing much-needed revenue for a country in dire need of rebuilding.
"All of the contracts have been agreed by the cabinet," oil ministry spokesman Assem Jihad told AFP.
"More than 100 billion dollars will be invested by these companies."
Jihad said the government had introduced what he described as minor legal amendments to the contracts, but declined to specify what changes had been made. He said the oil ministry had received official documents from Anglo-Dutch giant Shell, Malaysia's Petronas, Japex of Japan and Angola's Sonangol giving their assent to the changes. Once the ministry receives similar documents from firms working on three other fields, "we will set a date to hold a ceremony for all the companies to put down their final signatures."
Jihad said the latter group of companies, which include Russia's Lukoil and Gazprom and China's CNPC, had already voiced their approval over the telephone.
"It (the ceremony) will be soon, and the companies will start work immediately after signing," he added without giving a specific date.
"The companies want to start work as quickly as possible. They are very enthusiastic."
Iraq awarded seven contracts in a December 11-12 auction of oil fields, including the rights to extract crude from the massive Majnoon and West Qurna-2 reservoirs.
Those were in addition to three contracts handed out at an earlier auction in June. Two of those contracts have yet to be officially signed, however.
The successful companies will be paid a fixed fee per additional barrel of oil extracted, and not a share of the profits.
The deals could increase Iraq's projected oil output to 12 million barrels of oil per day from current production of around 2.5 million bpd, providing a cash influx to a country that relies on oil sales for 85 percent of government income. But security and dilapidated infrastructure remain key obstacles to Baghdad achieving that target.
http://www.zawya.com/Story.cfm/sidAN...e%20Investment
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Maliki confirms that Iraq will solve its problems with its neighbors diplomatically and that the military mission to protect the sovereignty of the country
Iraqi Prime Minister and Commander of the Armed Forces, on Wednesday, the mission of the new Iraqi army is to protect the sovereignty and borders of the country, while stressing that Iraq will solve its problems with its neighbors through diplomacy.
He made it clear in a speech during his meeting with 89 well-wishers, the way to establish the Iraqi army in Baghdad, said "The Iraqi army has become a professional army to protect his citizens and the Iraqi people, after it was dedicated to protect the dictatorial regime," adding that "the army was previously governed by trends introduced by abnormal wars and adventures, which caused the violation of the sovereignty of Iraq ", noting that" the army is now working to protect the sovereignty of any override or extend."
Maliki said, "We were able to fall sectarianism from the ranks of the Iraqi army, there is currently no differentiation on the basis of partisan and non-racial and religious", noting that the current Army is "Army of all walks of life."
Maliki said that "we now proceed to resolve our problems with neighboring countries through diplomatic channels," he "not to give up any inch of Iraqi territory, because we want to increase our friends."
The President of the Republic of Iraq and the Supreme Commander of the Armed Forces, Jalal Talabani, attended earlier in the day, at a ceremony, included a review of a number of sectors of the Iraqi army, was held at the tomb of the Unknown Soldier in Baghdad's Green Zone on the occasion of 89 anniversary of the founding of the Iraqi army, said in his speech that the task the new Iraqi army after the ninth of April 2003 devoted to the fight against terrorism and to defend Iraq, and that he would not participate in any future foreign war.
http://translate.googleusercontent.c...klorxGbbhBPJAQ
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MP Haydar Abbadi reason not to politicize the financial budget approved by members of the House of Representatives
The member of the House of Representatives from a coalition of law Haider al-Abadi To the need to Are not subject to the ratification process of the budget in 2009 For the purposes of Purely political.
Ebadi said in a statement singled out by the reporter Members of parliament left their political differences and work hard to speed up passage of the financial budget before the end of the constitutional period of the work of the Council of Representatives.
He added that most of the differences on that issue dealt with by consensus through the amendment of some paragraphs and gaps in the budget, not just a matter of simple things for their conclusion.
The Essential The emergence of this legislation during the next week, because behind the detriment of the country's public
http://al-iraqnews.net/new/siaysiah/49342.html
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Writer: There is a real will to approve the Financial Budgeting
MP Ali al-Adeeb leader in the Dawa party / wing of Nuri al-Maliki has said there is a real will of the parliamentary blocs to approve the budget, despite some obstacles. He said: "The process of approving the budget be passed by the parliamentary blocs."
He added: "There are some blocks you want to stop the work of social benefits during this phase until after the elections and seek to exploit this issue, but the larger blocs like the adoption of the budget in the interest of the country," he said.
Observers believe that the insistence of some blocks to postpone the adoption of social benefits, stems from the apprehension in these blocks from the potential misuse of public funds in election campaigns.
http://translate.googleusercontent.c...RVY6X0TVs2UiRg
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Monetary and financial market in Iraq
Issued to the legal and banking expert Badr Gillan are a new book, monetary and financial market in Iraq, which he introduced through the seven chapters of the important topics on the market of monetary and fiscal first quarter.
Address the monetary market in general and what are the conditions for its establishment and the means to achieve and tools in the second quarter came loaded with information on developments in the money market and investment tools and elements of domestic debt and the role of government spending in a growing debt burden and explained in chapter III the evolution of the monetary market through the control of external funding in Iraq and the stages of the process of foreign exchange since the establishment of the Central Bank and accepted by the Commission to monitor the currency transfer instructions to cancel all outside in 2008.
The fourth chapter discusses the evolution of the banking system in Iraq since the late nineteenth century in the history of this device, especially after the nationalization in 1964 and then return to make way domain of the founding of private banks in 1991 and Chapter V turns to talk about the financial markets in general and then the emergence of these markets in the Arab and developing countries and the stages reached by the support and efforts in these markets either Chapter VI was dismissed by the stock market through the establishment of the Baghdad market securities and then the Iraqi market for securities, which was founded according to Law No. 74 of 2004 Chapter VII dealing with the future of monetary and financial market in Iraq and the role of the banking and investment institutions in the development and support the market, monetary and financial authors add new versions of the ad hoc monetary and financial affairs.
http://www.alsabaah.com/paper.php?so...page&sid=95948
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Budget and the social benefit
Social benefit in the budget in 2010 will have many supporters and to the occurrence time of the vote on the budget in the same space of time for the political blocs preparations for the upcoming elections.
And keen to include paragraphs of its programs for a broad and significant towards addressing poverty, unemployment and social welfare and other ranges but according to the budget and resources generated from oil, which is not expected to exceed revenues in 2009, which amounted to 36 billion dollars, the Appropriations social remain as it is not undergone significant increases.
Therefore, the demands for increased salaries for beneficiaries who receive $ 50 thousand dinars per month will not meet the budget estimates in accordance with the financial allocations that are already suffering from a deficit of about 20 trillion dinars think 2010 will probably be in the planning of knives and plans for the next four years - the government session - which will witness the initial investments of foreign oil and the start phases of increased revenues due to a rise Bmdiat export, which must be understood when talking about the social aspects and benefits the poorer segments of public funds and whether you will be able constituencies and financial houses and banks to meet the needs of the middle classes through the activation of lending operations and operating and whether government will be able to develop a program to improve services and keep the supply and delivery of items in a new way to recipients this is what we hope in 2010, which probably will mark the beginning of the advancement of social reality.
http://www.alsabaah.com/paper.php?so...page&sid=95949
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Iyad al-Samarrai: We will decide on certain days of the vote on the resolutions to ensure the presence of Representatives
Parliament Speaker Iyad Samarrai, "The presidency of the Council will determine certain days of the vote on the resolutions of the discussion is completed to ensure the presence of Representatives."
Some of the congressmen and their statements during the press have called the Presidency of the Council to take appropriate measures against absent from meetings of the Council.
He said al-Samarrai told the independent press (Iba) on Wednesday that he "was meeting Tuesday with heads of political blocs have asked them to invite Congress to attend their parties and a commitment to meetings of the Council, referring to the existence of some laws that need to be a quorum for approval."
House of Representatives was unable to hold any meeting since Sunday due to lack of quorum, which led to the delay in approval of several important laws placed on the agenda, the most prominent of the current year budget.
And the Samurai "It was agreed to set certain days in the future to vote in the House of Representatives is busy with consideration campaigning."
It is due to end its acts of parliament before the current month to hold parliamentary elections scheduled in the seventh of March next year.
http://www.ipairaq.com/index.php?nam...itics&id=19579
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CBI sells $180m on Thursday
The Central Bank of Iraq’s (CBI) dollar sales fell to $180.120 million in its daily auction on Thursday, compared to $196.572 million during the previous session.
“The demand hit $18.500 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $161.620 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 13 banks that participated in today’s session offered to sell dollars.
http://en.aswataliraq.info/?p=124836
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These forecasts were prepared on October 26, 2009 - ZAWYA
CURRENCY ANALYSIS: The CBI has overseen a steep appreciation of the dinar over the past two years, as part of its anti-inflation strategy. However, with inflation low and the dollar strengthening, the CBI has kept the dinar steady at ID1,170:US$1 since January, and we now forecast that this unofficial peg will remain in place over the forecast period. However, with lower oil prices and occasional political shocks likely to cause intermittent downward pressure on the dinar, we expect that the CBI will occasionally have to dip into its substantial stock of foreign reserves to avoid bouts of volatility.
http://www.zawya.com/printstory.cfm?...l=020100091125
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Quiet news day today. :blush:
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Newspaper: conflict, "loose change" mobilizes the Iraqis and increased fears of Iranian influence in Baghdad, the great
is the conflict between Iraq and Iran at the oil wells idle as a rallying cry for nationalist Iraqis and raised fears of a senior Iranian influence in Baghdad, according to the view, the Washington Post, Washington Post today (Saturday).
And began to struggle for the oil field Fakkah fourth in the last month when it seized an Iranian unit consisting of 11 military well the relatively small group of Maysan province near the border between the two countries. The massing of troops from the two sides are just a few meters from the well, which is among them.
The newspaper said that the incident "has aroused feelings in Iraq on two very sensitive, namely the sovereignty and oil."
Iraqi officials have begun and Iranian talks on a settlement of the conflict, but in Iraq, "the accident turned into a test of the political parties and candidates for national elections scheduled for the beginning of March next."
The paper believes that since the US-led invasion in 2003, the "growing influence of Shiite Iran in Iraq because many Iraqi leaders, who lay in the Americans initially spent years in exile in Iran, claimed the Iranian money, weapons and intelligence agents passes through the border was not the Iraqis nor the Americans be able to control it."
The newspaper that many of the Iraqis, "They say they fear that their country becomes a de facto client state of Iran when they leave the United States."
The paper said that Iraqi Sunnis and Shiites alike, "involved in these concerns."
And the Post quoted a candidate for Parliament Obaidan Awad as saying that "Black God's Brigade, a group composed of 126 clan southern Shiite majority was ready to defend Iraq's oil fields," adding, "We want to resolve this issue peacefully, it will not carry guns even if allowed to do so, but we can invitation million Iraqis from Anbar to Basra to defend against the Iranian occupation at any cost, we will defend our fields."
The head of the clan, another Shiite in the south Iranian incursion as "an insult to the martyrs who sacrificed their lives in the war against Iran," the paper said.
But Sunni politicians were "denounced what they called a weak response to the Iraqi security forces", revealing paper also quoted the incursion "did not resist and confront the accused Iraqi forces have occurred under the influence of Iran."
The politician, Saleh al-Iraqi as reported by The Washington Post "We warned more than once a senior Iranian interference in Iraqi affairs and government officials continued to ignore this issue, saying that there is no conclusive evidence of that," and asked "Do we need more evidence than what we see today?".
The newspaper said that the political coalition that "consists mostly of Shiite Iran, an alliance blessed includes ISCI and the Sadrists, presented a more cautious assessments of the incident."
The leader of the Islamic Supreme Council of Iraq Ammar al-Hakim, "criticized the other political parties to release statements wounds and inflammatory speeches and accusations directly."
The Sadrist spokesman issued a statement "posted on the quiet stream on 30 December, 2009," pointed out that members of the mainstream "are keen to get details on this matter," the paper said.
The statement concluded that the Iranians are "wrong," noting that the case turned into a "propaganda campaign", as The Washington Post.
The Prime Minister Nuri al-Maliki, who "struggled to balance its relationship with Iran," the paper said, has "denounced the incursion into Iran after 10 days of the occurrence and announced that the Iranians would not get a single drop of Iraqi oil, or one meter from the Iraqi territory," he continued paper.
The newspaper quoted Iraqi government spokesman Ali al-Dabbagh, as saying that the Iranians "did not return to their previous Gestnahm to withdraw completely beyond our borders, but they did not respond."
The newspaper pointed out that the United States "has spent $ 1.1 billion (about 1298 billion dinars) to the security of the Iraqi border since 2003, according to military officials," She said the American exit strategy "includes supply Iraq with weapons and a new control system within the aircraft and to enable Iraq to defend the same against Iran and other regional threats."
Gen. David Petraeus, U.S. Central Command chief, the paper said that the United States "supports the Iraqi government's efforts in resolving the issue through dialogue."
The Iranians had declared that the incident a "misunderstanding", having initially denied its occurrence.
The newspaper said that it "did not stop the Iraqis from the perception of theories about the motives and long-hidden plots".
He says some Iraqis that the Americans "have allowed the Iranians to access to the oil field as a gift, while others insist on saying that the Iraqi government and dictate from Tehran decided to give the oil to Iran."
Whatever the motives, as I noted the Washington Post, "It seems that anger is directed to other intractable issue for Iraq."
Dabbagh said that this "is not an issue to resolve a dispute, we are very sure that it is our land, we have proof that it is our land", and concluded the paper.
http://translate.googleusercontent.c...v-xzp6D5_AKK2g
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