Archive for December, 2014

Iraqi Dinar Guru opinions 12-31-14

Iraqi Dinar Guru opinions 12-31-14

12-31-2014 Newshound/Intel Guru Tlar What is deleting the zeros? The CBI themselves under Shabibi stated the zeros would be deleted off the nominal value giving purchasing power to the currency. The finance committee stated the “leading zeros” would be deleted. We only find leading zeros on the exchange rate, not the currency itself. In 2010 Shabibi presented to parliament laws he wanted passed which would penalize any street vendor who knowingly takes advantage of a customer on the first day. These laws are only meaningful if the currency value changes quickly… Read more…

Iraqi Dinar/Dollar auction results 12-31-2013

Iraqi Dinar/Dollar auction results 12-31-2013

Results currency auction Announcement No. (2857)

The opening of the Committee on buying and selling daily Tmnmaip dollar and fifty-seven offers two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Wednesday, the day on 31.12.2014 and the results were as follows: Read more…

The launch of the third generation service in Iraq in the first days of 2015

The launch of the third generation service in Iraq in the first days of 2015

Baghdad -arac Press -31 December 2014

Scheduled to launch the third generation of the Internet in the service of Iraq, tomorrow, Thursday, for the first New Year’s Day AD 2015 across Asia Company Services torrent that confirmed, it “has spent more than a billion dollars to update the system to reach the speed of the service provided to subscribers to 21 MB / second.

The head of the Council of the Department of Asian torrent Faruk Mustafa Rasool said in a statement, “The company will launch on Thursday, Read more…

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

December 31, 2014 14:52

(Independent) … sent IMF mission held discussions with Mr. Hoshyar Zebari, Minister of Finance of Iraq and Mr. Zuhair Ali Akbar, deputy governor of the Central Bank of Iraq and a number of officials in the finance and planning ministries and the central bank to assess the latest economic developments in the country and discussions focused on the impact of the double trauma of Daash regulation and lower oil prices attacks at the end of the visit, Mr. Sdralvić issued the following statement:

IMF experts noted that it is expected that GDP in Iraq Read more…

Disclosure of the opening of the first Daash its own bank in Iraq

Disclosure of the opening of the first Daash its own bank in Iraq

31-12-2014 02:16 PM

Revealed an Iraqi local sources in the city of Mosul – 400 km north of Baghdad – on Wednesday, that the organization of the Islamic state ‘Daash’ will open today the first private bank do to replace the money and deposited, shown in Sahfahon bank statements located at the right side of the city and that he dubbed ‘ Islamic bank ‘.
According to the sources, the organization directed towards banks came to Read more…

Bahr al-Ulum: $ 27 billion, the size of Iraq’s debts to oil giants since 2013

Bahr al-Ulum: $ 27 billion, the size of Iraq’s debts to oil giants since 2013

Posted 31/12/2014 08:05 AM

Former oil minister disclosed that the Iraqi government is required to pay about $ 27 billion for foreign companies that worked on the development of fields in the south and the debt of these belong to the past year and this year, indicating that the oil giants have spent about $ 43 billion over the past two years, and they plan to invest $ 87 billion until 2016.

The parliamentary Finance Committee revealed that Iraq will not reimburse Read more…

Deputy: billions of dollars wasted in the reign of al-Maliki on the 6000 placebo project

Deputy: billions of dollars wasted in the reign of al-Maliki on the 6000 placebo project

Posted 31/12/2014 01:19 PM

Revealed a member of the Committee on Economy and Investment parliamentary, Nora Albjara, wasting billions of dollars on the 6000 project and placebo during the government of Nuri al-Maliki earlier, while suggesting to send the book to the Ministry of Planning to know the names of the provinces and companies that wasted public money.

Albjara said, “There are 6000 placebo project out of 9000 planned by the Read more…

The volume of imports of the country is estimated at $ 75 billion annually

The volume of imports of the country is estimated at $ 75 billion annually

31/12/2014

BAGHDAD / JD / .. Iraqis demanded Economists Association, with the support of the local product and stimulate the private sector to reduce imports and the development of the national economy, as pointed out that the volume of imports entering the country an estimated $ 75 billion annually.
The vice president of the association on behalf of Antoine told / BD /: “It has to Read more…

Presidency announces the removal of “some of the problems” in the budgets of the Vice President

Presidency announces the removal of “some of the problems” in the budgets of the Vice President

31/12/2014 11:07 GMT

Baghdad-and babysit – has announced the presidency, Wednesday, for the removal of some of the circumstances and dilemmas in the budgets of the Vice-President of the Republic, referring to amendments to budgets and submit them to the parliament for adoption.
The official spokesman for the Presidency of the Republic Khalid Huani in a statement received news agency public opinion (and babysit) a copy of it, “it was a joint meeting of Adviser to the Read more…

Iraqi Dinar Guru opinions 12-30-14

Iraqi Dinar Guru opinions 12-30-14

12-30-2014 Newshound Guru Millionday Article quote: “…postponed the Finance Committee in the House of Representatives, who was scheduled to hold its meeting on Monday, to study the general budget to next Saturday.” WHAT WE HAVE HERE IS THE BUDGET GOING TO PARLIAMENT ON SATURDAY — THEY HAVE REPORTED IT WILL BE A ONE DAY EVENT IN A PAST REPORT — STUDY AND VOTE ALL IN ONE DAY. THE CITIZENS KNOW THE NEW BUDGET IS COMING AND WANT TO KNOW WHAT IS GOING TO HAPPEN. Read more…

Iraqi Dinar/Dollar auction results 12-30-2014

Iraqi Dinar/Dollar auction results 12-30-2014

Results currency auction Announcement No. (2856)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip Offers and fifty-six after two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Tuesday for a brief summary of 30.12.2014 and the results were as follows:  Read more…

Deputy: we seek to insert Article 140 allocations in the budget

Deputy: we seek to insert Article 140 allocations in the budget

12/30/2014 17:17:00

Of the House of Representatives is scheduled to be held on 07.01.2015, meeting to discuss the draft budget law for 2015.
The MP is capable Mulla Mohammed through a special permit for PUKmedia: The Finance Committee of the House of Representatives will hold a meeting on 01.03.2015 to discuss the observations on the budget bill, saying that the House of Representatives will be the second reading of the budget bill Read more…

Economic parliamentary: more than 40 trillion of cash in the Iraqi market

Economic parliamentary: more than 40 trillion of cash in the Iraqi market

Date: 30/12/2014 18:33

Information / special / ..
Committee announced its economy and investment representative, on Tuesday, the existence of more than 40 trillion dinars liquidity in the Iraqi market as well as more than half of the amount of reserves with the Central Bank of Iraq.
She said committee member and fulfillment in a fight, told / information / A ” There are a lot of liquidity Read more…

Obama: No more financial allocations to fight in Iraq Daash

Obama: No more financial allocations to fight in Iraq Daash

12/30/2014 06:30 GMT

Follow-up – and babysit – US President Barack Obama confirmed Monday that his country would not allocate additional funds to fight al “Daash” in Iraq, as pointed out that Washington will contribute to the reconstruction of Iraq.
Obama said in an interview with the national radio that “NPR” “The United States needs to spend a trillion dollars on Read more…

Finance Minister: Budget 2015 is sufficient to meet the obligations

Finance Minister: Budget 2015 is sufficient to meet the obligations

12/30/2014 15:42 GMT

Follow-up – and babysit – Finance Minister Hoshyar Zebari, said that the 2015 budget is sufficient to meet the obligations of Iraq over the next year. The government has prepared a draft budget worth 123 trillion Iraqi dinars ($ 103 billion) last week and sent to Parliament for discussion.
Zebari acknowledged the criticism leveled against the draft budget, but said he was confident of Iraq’s ability to cover its Read more…

Iraqi Dinar Guru opinions 12-29-14

Iraqi Dinar Guru opinions 12-29-14

12-29-2014 Newshound Guru Millionday ANNOUNCEMENT BY THE GOV OF CBI — THEY ARE ALL READY FOR THE 2015 BUDGET… THE IRAQI ECONOMY AND ALL OF THE CHANGES ARE HUGE AND HAVE TAKEN YEARS. CBI CONTROLS THE ADVANCEMENT OF THE EXCHANGE RATES — THEY ARE INDEPENDENT BUT THEY ALSO NEED THE LAW UPHELD AND TO WORK WITH THE GOVERNMENT IN THIS. THE BEST PART IS THEY ARE READY FOR THE BUDGET… THEY DO NOT HAVE IN INK IN THE PAPER THAT THE BUDGET HAS BEEN VOTED THROUGH TODAY…BUT, THEY ALSO HAVE PRINTED THE BUDGET AND ALSO SENT IT TO THE IMF WHO HAS MADE COMMENTS ON THE BUDGET OF 2015 FOR IRAQ…THEY ARE SAYING THEY ARE EXPECTING IT SOON (BUDGET). Read more…

Iraqi Dinar/Dollar auction results 12-29-2014

Iraqi Dinar/Dollar auction results 12-29-2014

Results currency auction Announcement No. (2855)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip deals and five and fifty two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Monday for a brief summary of 29.12.2014 and the results were as follows:  Read more…

Economic reason to support the Iraqi dinar and remove him from the effects of the budget deficit

Economic reason to support the Iraqi dinar and remove him from the effects of the budget deficit

29/12/2014 01:35

BAGHDAD / Source News / .. called economist Rashid al-Hilali, on Monday, the government and the Parliament to support the Iraqi dinar and remove him from the effects of the budget deficit.
He told al-Hilali / Source News / “The Iraqi dinar may be affected by emotion budget by economic reports and this requires the government and the parliament backing to face any possible decline.”
“The middle class and poor are only to be affected by the decline of the Iraqi dinar. They have to put the mechanics of Read more…

“Parliamentary Finance” is contrary to the 2015 budget austerity and seek to shrink

“Parliamentary Finance” is contrary to the 2015 budget austerity and seek to shrink

Posted 29/12/2014 08:15 AM

Parliamentary Finance Committee revealed its intention to reduce the general budget for the year 2015, hosting ministers next week to review the disbursements each ministry separately, the House of Representatives declared reduce staff and ministers’ salaries by between 10 to 50%.

The committee member said Jabbar Abdul Khaliq Sharif, “The parliamentary Read more…

Iraq plans to restore money smuggled through Interpol

Iraq plans to restore money smuggled through Interpol

Posted 29/12/2014 10:31 AM

The Iraqi government, about the direction of the restoration of Iraqi funds smuggled over the past 40 years through the International Police (Interpol), confirming its monitoring of some banks deposited where these amounts.

Economic Adviser in the Council of Ministers, said the appearance of Mohammed Saleh, said that “the government intends to pursue Read more…