Archive for September, 2013

Iraq’s budget for 2014, the highest in the history of the country

Iraq’s budget for 2014, the highest in the history of the country

9.30.13

Amounted to a source in the Iraqi Ministry of Finance announced today that his ministry has completed the preparation of the draft budget for the country, and sent it to the government as a prelude to discuss the clauses at a future meeting, and forwarded to the House of Representatives for discussion and approval. Read more…

Iraq Parliament extends the current legislative term for a month

Iraq Parliament extends the current legislative term for a month

9.30.13

Alsumaria News / Baghdad MP for the National Bloc white Kazem al-Shammari, Monday, the House of Representatives extended legislative term the current month, Read more…

Legislation and modern technology a necessity for the development of banking

Legislation and modern technology a necessity for the development of banking

9.30.13

In order to create a banking sector advanced discuss a number of bankers on the second day of the conference, the Iraqi banking the first ways to improve reality of banking, Read more…

Finace Committee Member: the need to engage international experts to combat money laundering

Finace Committee Member: the need to engage international experts to combat money laundering

9.30.13

called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, the need to use global organizations and international experts to update the mechanisms used in the process of combating money laundering in the country. Read more…

Imagining a Remapped Middle East

Imagining a Remapped Middle East

9.30.13

THE map of the modern Middle East, a political and economic pivot in the international order, is in tatters. Syria’s ruinous war is the turning point. But the centrifugal forces of rival beliefs, Read more…

Iraq participates in World Bank meetings in Turkey

Iraq participates in World Bank meetings in Turkey

9.30.13

Tomorrow Press / Baghdad: chaired the Minister of Construction and Housing Mohammad Darraji, on Monday, the delegation of the ministry participating in the meetings of the projects the World Bank in Turkey, indicating that there is a joint cooperation between the Ministry and the World Bank. Read more…

Iraqi Dinar Guru opinions 9-30-13 (updated)

Iraqi Dinar Guru opinions 9-30-13 (updated 2:30 pm PST)

9-30-2013 Newshound Guru Kaperoni Article: “Iraq Iraq’s reserves of
foreign exchange and what it means for the life of the citizen” IMO, Kahlil is simply stating that the dinar will rise to at least 1 to $1 as oil exports over the next 4 years are going to be 6-8 mbpd. I don’t think he is saying its going to take that long, just that the rise in inevitable.

9-29-2013 Intel Guru Eagle1 It’s been awhile since I posted one of these updates, but I’m pleased to say that this one should be the last, pre-GCR [Global Currency Reset]! As you all will have heard by now…the IMF took control of the GCR on September 5th. We’ve had many alerts since that date thinking that things were finished. In fact, there have been a series of events which had to take place prior to the Global Currency Reset being released to the world. Read more…

Secret files reveal an Australian bank contracted with Saddam for the printing of the Iraqi dinar currency

Secret files reveal an Australian bank contracted with Saddam during the period of sanctions for the printing of the Iraqi dinar currency

9/30/2013 18:41

Range Press / Baghdad
Revealed the secret files, on Monday, the Australian investment bank of trying to make a deal illegal business during the period of sanctions on Iraq during the rule of the former regime of President Saddam Hussein to replace the Iraqi dinar currency cash leaves of polymer material (Polymer) produced by the bank.
Quoted by British newspaper The Guardian report, APS (Fairfax), “The process adopted by the Bank (RBA) of Australia under the designation (Project Delta) Read more…

Baghdad: the declaration of a state of maximum alert after the occurrence of 339 martyrs

Baghdad: the declaration of a state of maximum alert after the occurrence of 339 martyrs and wounded in a car bomb explosion 17

Monday, September 30, 2013 13:08

Baghdad / Baghdadi news / .. Security forces announced on Monday, the maximum state of alert and warning severe in Baghdad after being hit by a car bomb about 17 signed nearly 339 civilians killed and wounded in the outcome of a candidate to rise. A security source said the reporter / Baghdadi news / “The security forces declared a state of maximum alert after a series of bombings in different parts of the capital, Baghdad claimed the lives of hundreds of martyrs and wounded.” Baghdad Read more…

Supermarkets achieved sales of $ 4.4 billion Iraqi dinars during August

Supermarkets achieved sales of $ 4.4 billion Iraqi dinars during August

30/09/2013

BAGHDAD / JD / .. Ministry of Commerce confirmed that sales achieved in the central markets during the month of August this year exceeded 4.4 billion Iraqi dinars, as revealed for the opening of the tenders to invest in building Khilani and referred to the Committee on the analysis.
The general director of the General Company for Central Markets and the Agency of the Trade Abdul Mohsen Al Anbar stirrup in a statement that the company’s sales in shops and markets of Read more…

Iraqi Dinar/Dollar auction 9-30-2013

Iraqi Dinar/Dollar auction 9-30-2013

High central bank sales of the dollar in the auction today

Monday, September 30 / September 2013 13:05

[Baghdad – where]

Central Bank sales rose Saturday of the dollar in the daily public auction to $ 176 million after being hit on Sunday $ 153 million.

According to a statement of the bank has received all of Iraq [where] a copy of it today that “the size of the amount sold by the bank at the auction of the dollar today reached Read more…

The growth of the Iraqi economy fell by 2.3%

Planning: the growth of the Iraqi economy fell by 2.3%

Monday, September 30 / September 2013 13:47

[Baghdad – where]

Suggested by the Ministry of Planning’s economic growth dropped by 2.3% from the rate recorded last year to 8.2%.

The economists have warned Iraq suffered its economy at risk because of its reliance on revenues of oil alone, and that the continued deterioration of the Read more…

Private banks have contributed to reducing the exchange rate of the Iraqi dinar against the dollar

Association of private banks: private banks have contributed to reducing the exchange rate of the Iraqi dinar against the dollar in the local market

30-09-2013 07:19 AM

Baghdad (news) .. The Executive Director of the Association of private banks Abdul Aziz Hassoun, the private banks have helped the central bank to reduce the dollar exchange rate against the Iraqi dinar in the domestic market after its commitment to the instructions of the Central Bank for the sale of hard currency. said Hassoun (of the Agency news): that the banks civil apply strongly all the instructions issued by the central bank, particularly with regard to Read more…

There are no real signs to end the political crisis

Deputy for Iraq: There are no real signs to end the political crisis

30-09-2013 04:56 AM

Baghdad (news) .. According to MP / coalition in Iraq / Qusay F, that the political process will remain intact because of the status of political blocs their personal interests above the national interest of the country, referring to the lack of any breakthrough to those crises. Gomaa said (of the Agency news): that the political process will remain intact until the end of Read more…

The Central Bank of Iraq, as in other countries of the world, the management of the national currency and maintain the value and size of rolling them.

The Central Bank of Iraq, as in other countries of the world, the management of the national currency and maintain the value and size of rolling them.

9.29.13

The central bank also oversees the commercial banking system. Unlike the Commercial Bank, the central bank has a monopoly to increase the money supply in the country or be reduced, which is that prints paper currency and metal coin. Read more…

International banks refuse to cooperate with Iraq in the detection of smuggled money

International banks refuse to cooperate with Iraq in the detection of smuggled money

9.29.13

Integrity Commission revealed the presentation made by international companies to recover Mawal smuggled from Iraq in return for up to 10% of the amount recovered. Read more…

The Deputy returned to delay the activation of economic laws lack the expertise to work

The Deputy returned to delay the activation of economic laws lack the expertise to work

9.29.13

Baghdad (newsletter). Member of the Economic Committee returned MP for//almerapi, because the activation of economic laws lack sophisticated enough experience to manage a free-market economy. Read more…

Ka-ching! There’s money to be made in new $100 bills

Ka-ching! There’s money to be made in new $100 bills

9.29.13

To most people, it’s a hundred bucks. But to a small cadre of dedicated, if slightly obsessed, collectors, the new $100 bills that go into circulation Oct. 8 are a gold mine. Read more…

Required to pass a law economic reform

Required to pass a law economic reform

9.29.13

BAGHDAD – morning called for a specialist to the need to pass the draft law on economic reform during the remaining life of the legislative session parliamentary current, to contribute to the increase and growth of the local economy. Read more…

The Central Bank report discusses Arab Monetary Fund

The Central Bank report discusses Arab Monetary Fund

9.29.13

said the Iraqi Central Bank, on Sunday, to discuss the report of the Arab Monetary Fund, noting that it came within the work session usual 37 Board of Governors of the central banks and monetary institutions Arabic. , Read more…