Archive for February, 2013

Energy: oil and gas law will pass before the middle of this year

Parliamentary Energy: oil and gas law will pass before the middle of this year

Wednesday 27 February 2013

BAGHDAD – babysit – A member of the Committee on Energy and Oil parliamentary Furat al-Shara “The oil and gas law will pass before the middle of this year.”
He Shara in a press statement that “the approval of the federal budget of the state during the next few undoubtedly will usher in approving important projects, including oil and gas law,” noting that “out of the crisis the federal budget and Read more…

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Buffy: oil-related shenanigans caused by a failure to approve oil and gas law so far

Buffy: oil-related shenanigans caused by a failure to approve oil and gas law so far

Wednesday 27 February 2013

Baghdad – and babysit – MP for the Kurdistan Alliance Hamid Buffy the exclusive powers of the central government does not exist between them with regard to oil and there powers shared between Kurdistan and the Center regarding wells discovered either except that it is the prerogative of local governments of the regions and the provinces by the Constitution in Article 115 and demand enactment of a law regulates this revolution so as not to be monopolized by one.
Buffy said in a statement to Read more…

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Kurdish insistence on the inclusion of dues of the oil reason for the delay in approving the budget

Hassan Auzmn: Kurdish insistence on the inclusion of dues of the oil companies is the reason for the delay in approving the budget

Wednesday 27 February 2013

BAGHDAD – babysit – A member of the parliamentary Finance Committee Hassan Auzmn that the main reason for the lack of agreement on the draft general budget today is the insistence of the Kurdistan Alliance to the inclusion of financial dues to oil companies operating in Kurdistan in the budget.
And said Ozmn “Kurdistan Alliance’s insistence on the inclusion of those receivables and $ (4.2) trillion Iraqi dinars out of the budget bill, and opposed Read more…

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Deputy in the oil: oil industry in danger because of a deepening political crisis

Deputy in the oil: oil industry in danger because of a deepening political crisis

Date: 02/27/2013 13:09:32 Wednesday

Baghdad (news) .. Rapporteur of the Commission warned oil MP / coalition of Kurdish blocs / Qasim Mohammed Mchkta, the impact of the current political crisis in Iraq’s oil industry, in terms of the withdrawal of international companies and idled some production fields.
And said Mchkta (for the Agency news): The political problems will have significant repercussions on the overall situation in the country, whether political or economic, indicating that Read more…

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2-26-2013: Iraqi Dinar Guru guesses!!!

2-26-2013 Newshound/Intel Guru Bluedog Article: “Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the importance of handling the national currency, the Iraqi dinar in the commercial and investment operations to support and promote confidence in foreign dealings” Seems to me Turki has just met with Cabinet on investment support mechanisms Iraqi dinar currency…the UST and World Bank are there discussing Currency…and Parliament waiting for word to expose the Budget. Read more…

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After a long break .. Maliki and Barzani brought together by a phone call

After a long break .. Maliki and Barzani brought together by a phone call

The time on Tuesday, February 26 / February 2013 10:50 | |

Baghdad / Orr News

In anticipation of the Iraqi central government, the visit of the President of the Kurdistan Regional Government to Baghdad, to discuss a number of outstanding differences,

Informed parliamentary sources revealed that Prime Minister Nuri al-Maliki and Kurdish regional President Massoud Barzani held a communication during Read more…

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A parliamentary committee: Turkish failure of the administration of the Central Bank!

A parliamentary committee: Turkish failure of the administration of the Central Bank!

The time on Tuesday, February 26 / February 2013 07:59 | |

BAGHDAD / Walid Mehdi

Uploaded on parliamentary Finance Committee, the central bank governor Abdul Basit Turki responsible for the deterioration of the exchange rate of the Iraqi dinar against the dollar.

She said the failure of the management of the bank as a result of ignorance of monetary policy and banking. The MP said Faleh applicable in a press statement that the exchange rate of the Iraqi dinar against the dollar will remain suffers deterioration and instability due to oust former Fed governor Sinan Shabibi man competent and professional field of monetary policy, Read more…

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National Alliance may sacrifice Jaafari and Maliki together!

National Alliance may sacrifice Jaafari and Maliki together!

The time on Tuesday, February 26 / February 2013 08:13

Baghdad / Orr News

Revealed high-level sources within the National Alliance that there are three scenarios will lead to serious thought within the coalition to change the person of the Prime Minister, under mounting pressure demonstrations and exacerbation of the crisis between Baghdad and Erbil.

The sources said that the first scenario the occurrence of Read more…

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Sadrists camped in front of the parliament building until the budget approval

Sadrists camped in front of the parliament building until the budget approval

Published 26/02/2013 09:39 AM

BAGHDAD – “arenas of liberation”
An official source in the Office of the Martyr Sadr for organizing open-ended sit to follow the Sadrist movement in front of the parliament building until the adoption of the budget.
, the source said “the office provided Read more…

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A sharp decline in sales of foreign currency auction the central bank

A sharp decline in sales of foreign currency auction the central bank

Tuesday, February 26, 2013 18:50

BAGHDAD / Baghdadiya News / .. record auction sale of foreign currency in the Central Bank of Iraq, Tuesday, a sharp decline reached 44% compared to sales of the previous session.
A source in the central bank’s / Baghdadiya News / “foreign currency auction sale record in its day, a sharp decline as auction sales amounted to” 82,540,000 “million, while sales of the previous Read more…

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Maliki declares “major development” to relations with Kuwait and the United Nations “comfortable”

Announced by Iraqi Prime Minister Nuri al-Maliki, on Monday, for “significant development” in relations between his country and Kuwait, the United Nations expressed its satisfaction about it. Read more…

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Baghdad again the tariff law

The Secretary General of the Council of Ministers Ali Mohsen Keywords presided over the meeting Coordinating Committee Supreme to follow government performance, which includes the central bank governor Acting Prime BSA Basset Turki and head of the General Administration of Read more…

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Iraq will be over this year and the coming years from donor countries

Minister of Planning and Development Cooperation Ali Shukri said Iraq and the World Bank will sign during a period of close partnership agreement between the two sides, Read more…

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An emergency meeting of the Presidency of the Parliament with a number of Ministers to resolve budget problems

Baghdad (newsletter).First Deputy Speaker of Parliament Qusay Al-Suhail on an emergency meeting of the Presidium of the Parliament Read more…

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Changes in the Ministry of Finance .. exempt inspector general of the ministry and the Director of the Office of the Minister and the Director of Administration

Official source said, Tuesday, that the prime minister has decided to move Riad Mohsen al-Ani of the Department of Administrative Affairs in the Ministry of Finance and the exemption Salah Abdul Sahab of the tasks of the Director of the Office minister, as well as an end to instruct the Inspector General of the Ministry of. Read more…

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Squatting in Baghdad’s Tahrir Square demanding the adoption of the general budget

thousands of citizens staged a sit, Tuesday, in Baghdad to demand the adoption of the general budget, waved banners calling for politicians to meet the urgent needs of Iraqis, denouncing some blocs that seek to disrupt the budget approval in parliament. Read more…

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2-25-2013: Iraqi Dinar Guru guesses!!!

2-25-2013 Newshound Guru Doc The other big thing this report confirms is the current budget being discussed uses the current program exchange rate of 1166 and not the $3+ so many are emphatically reporting. For the $3+ number to be true the budget would be more like 30 billion dinar. Once again math dispels rumor. We also know the budget is not a prerequisite for the RV although it would be welcomed if it and the other fundamentals got approved in short order. We report, you decide. Read more…

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Parliamentary source: budget be approved by the middle of next month

Parliamentary source: budget be approved by the middle of next month

Monday, February 25, 2013 17:07

BAGHDAD / Baghdadiya News / .. Parliamentary source revealed on Monday that there are indications that the budget approval will be in mid-March.
The source / Baghdadiya News / “All indicators in the Council stating that approving the budget may be postponed to Read more…

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World Bank: expense of budgets Iraq, far less than the observed

World Bank: expense of budgets Iraq, far less than the observed

25/02/2013 (23:00 pm)

Baghdad / term Press

Revealed the World Bank, on Sunday, that the volume of expenditure of Iraqi budgets far less than the observed where money, and expressed his fear of the danger of adopting the Iraqi budget for oil fully and guesses prices high, and between that any decline in the price of the world’s oil will cause problems large to Iraq, in when confirmed by the Ministry of Planning said that there is no alternative for Iraq but to rely on oil.
The World Bank representative in Iraq Maria Helen in a joint conference with Read more…

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Fears delete the zeros of the local currency

Fears delete the zeros of the local currency

25/02/2013 (23:00 pm)

BAGHDAD / agencies

Agreed politicians and economists that the process of deleting three zeros from the current currency risky because of the situation of the country and the lack of security and stability and the spread of corruption, where Iraq is seeking to reform the system of currency management and ease of use and reducing the number of banknotes of four billion to one billion and 800 million paper, by deleting three zeros and the issuance of Read more…

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