IRAQI DINAR POLITICS & ECONOMY

Asia compete Monetary Fund and the World Bank

Asia compete Monetary Fund and the World Bank

8/6/2015 0:00

Dr. Mohammed Ali Hakim
since the founding of the IMF and the World Bank during the meetings of the Bretton Woods Bretton Woods, which took place in July 1944 in the state of New Hampshire US and in the beautiful village of Bretton Woods, which lies on the edge of the mountain White, who invited him more than 178 personal finance from 44 countries was Iraq is one of two Arab countries along with Egypt, was also invited to Lebanon as an observer. The chosen representative of Iraq scheduled for the Third Committee, which discussed the issue of recognition of the international monetary currency and the mechanism of traded markets and banks account Committee approved the installation of the Iraqi dinar as one of the international currency alongside the US dollar and Read more…

The collapse of banks Iraq

The collapse of banks Iraq

05-08-2015 03:44 PM

Iraq today
The Ministry of Finance warned not to reduce the ministries and government agencies spending during the second half of this year, noting the possibility of a collapse of most banks in Iraq. and between senior source in the Ministry of Finance that ‘the state budget may not be able to finance any project in the country during 2016 , in the event of ministries expenses continued in this way ‘, noting that’ the amount of the investment budget for the current year funds amounting to about 47 trillion dinars, while will fall next year to about Read more…

Economic parliamentary: the investment law meets the requirements of five attractive to capital

Economic parliamentary: the investment law meets the requirements of five attractive to capital

four fifty-seven a.m. 05.08.2015

Brother – Baghdad
The economic and investment commission parliamentary confirmed that the amendment of the Investment Law which is expected to display for a vote soon in the House of Representatives will meet the five vital requirements attractive to capital, including land ownership and conflict resolution, and to find appropriate mechanisms to Read more…

Deputy demanding to reveal the fate of the $ 500 billion

Deputy demanding to reveal the fate of the $ 500 billion

two fifty-one a.m. 05.08.2015

And Akh- Baghdad
Honest parliamentary head of the student Hassan Salem clarify the fate of 500 billion dollars unaccounted until this moment, 11 years ago, adding that Almtsidin to cases of corruption and conspiracies hatched fabricate charges around him. ”
He Salem at a press conference in the House and attended by the correspondent for News Agency (et) that the reform of the electricity file depends on the detection of the files of corruption, Read more…

Iraq paid a large proportion of its debts and the postponement of Kuwait .. “interest-free”

Parliamentary Economy: Iraq paid a large proportion of its debts and the postponement of Kuwait .. “interest-free”

08/05/2015

BAGHDAD / .. Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, Wednesday, pay a large proportion of the debt Iraq during the previous year, amounting to 39 billion dinars a timely manner, indicating that the debt take 5% of the state budget each year.

He said Al-Harthy’s “Eye Iraq News”, that “Kuwait’s decision to postpone Iraq’s debt repayment for two years, until 2017, had no benefits, and it is a gesture of goodwill from the brothers Kuwaitis”, Read more…

Finance Committee: Iraq’s imports during the first half of this year amounted to 25 trillion dinars

Finance Committee: Iraq’s imports during the first half of this year amounted to 25 trillion dinars

05/08/2015

BAGHDAD / JD / .. the parliamentary finance committee, announced that Iraq’s imports first of the year for the half amounted to about 25 trillion dinars, while the likely drop in oil prices during the second half, which means that revenue will be reduced.
A member of the committee MP Jabbar al-Abadi told / JD /: that “Iraq’s imports achieved during the first half of this year amounted to about 25 trillion dinars, while the federal budget for 2015 amounted to about 119 trillion dinars, which means that the fiscal deficit will exceed the 50 trillion dinars in the event Read more…

Foreign Affairs stresses the need to engage countries with expertise to tackle the financial crisis in Iraq

Parliamentary Foreign Affairs stresses the need to engage countries with expertise to tackle the financial crisis in Iraq

05/08/2015 nine thirty-five

[Baghdad – where]
stressed the parliamentary Committee on Foreign Relations, on the need to use the experience of countries in order to address the financial crisis taking place in Iraq.
The Commission decision Iqbal al-Moussawi, told all of Iraq [where], “we have had conversations with the prime minister and we dealt with the problem of Read more…

Three presidencies agree to open their doors to the demands and proposals of citizens

Three presidencies agree to open their doors to the demands and proposals of citizens

08/05/2015 09:03 GMT

Baghdad-and babysit – agreed the three presidencies, to open their doors to the demands and suggestions of citizens.
Presidency In a statement posted on its website said that “three presidencies president Fuad Masum, the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri, the head of the Supreme Judicial Council, Medhat al-Mahmoud, the Vice-President of the Republic Nuri al-Maliki and Iyad Allawi and Osama Najafi and Deputy Prime Minister Bahaa al-Araji, Saleh al-Mutlaq, and Vice-President Parliament Hamoudi, held yesterday evening, held a meeting at the Peace Palace Read more…

Maliki threatened to overthrow the government: we refuse to open any file to investigate suspicions of corruption

Maliki threatened to overthrow the government: we refuse to open any file to investigate suspicions of corruption

Tuesday 04 August 2015 18:15

Threatened, secretary general of the Islamic Dawa Party Nuri al-Maliki to topple the government of Prime Minister Haider al-Abadi.

Maliki and refused to open any file to investigate suspicions of corruption have the reach and those close to him during a meeting attended by al-Abadi and leaders of the Dawa Party, the most prominent Sheikh Abdul Halim Zuhairi and on the Keywords and Walid Ali al-Adeeb and ornaments.

Maliki said al-Abadi’s claim that his government inherited a difficult situation in the field of electricity, water, schools and services and in Read more…

Strict austerity measures in the budget for Iraq in 2016

Strict austerity measures in the budget for Iraq in 2016

Baghdad-Iraq Press -4 August / August 2015

Finance Committee revealed in the Iraqi Council of Representatives, on Tuesday, for “or having” to introduce strict procedures for all the budgets of state institutions in the 2016 budget.

He said the parliamentary finance committee member Masood Haider, said that “Iraq faces economic risks will continue for 2016,” pointing out that “the country do not Read more…

The fifth of August .. National Day on the occasion of the transfer of the powers of the ministries to the provinces

The fifth of August .. National Day on the occasion of the transfer of the powers of the ministries to the provinces

Tuesday, August 4, 2015 16:38

BAGHDAD / Baghdadi News / .. announced in Baghdad, Tuesday, that tomorrow will be a national day to mark the transfer of the powers of the ministries to the provincial councils.
The head of the Baghdad Provincial Council Riad dentex at a press conference I followed / Baghdadi News / after meeting governors and heads of councils in Baghdad Provincial Council, said that “August 5, a national day to mark the transfer Read more…

Kurdish parties, Massoud Barzani agree to stay in office

Kurdish parties, Massoud Barzani agree to stay in office

4.8.2015 three past five p.m.

[Baghdad – where]
revealed at the head of the Kurdistan Islamic Union member, on Tuesday, that the four parties [Patriotic Union of Kurdistan, change, Jemaah Islamiyah, the Islamic Union of Kurdistan and agreed to Massoud Barzani stay in the presidency of the Kurdistan region for another two years, and as he emphasized that extension came against Read more…

Parliamentary Finance confirm the presence of a large financial reserve of the Iraqi State

Parliamentary Finance confirm the presence of a large financial reserve of the Iraqi State

04/08/2015 14:38 GMT

Follow-up – and babysit – Parliamentary Finance Committee confirmed, Tuesday, that Iraq has a large financial reserve of hard currency to support the Iraqi currency, and raise its exchange rate, as pointed out that the government took over the state treasury empty of the previous government.
The committee member said Masood Haider that “Iraq has a great Astrteja a financial reserve of hard currency to support the Iraqi currency, and raise its exchange rate”, but he also said, Read more…

Al-Maliki accused of wasting a trillion dollars

Al-Maliki accused of wasting a trillion dollars

Baghdad, Iraq Press -3 August / August 2015

Prime Minister for Energy, Bahaa al-Araji, for wasting the government of former Prime Minister Nuri al-Maliki nearly a trillion dollars.

The newspaper “Middle East” of London, on Monday, for al-Araji said, that “with the upsurge in mass protests against poor services, especially electricity, it is necessary to put points on the letters” pointing out that previous governments were not to have a strategy at this level, both in terms of quality or set up stations and power Read more…

Daily Beast: Daash represents a gold mine for some US companies

Daily Beast: Daash represents a gold mine for some US companies

August 3, 2015 18:25

Daily Beast newspaper published a newspaper report in which she said, “The terrorist organization Daash the form of a gold mine for at least one of the American companies, despite the fact that the organization is a disaster for the Middle East

The newspaper pointed out in its report published today, Monday, that the American defense contractors have benefited a lot from the fighting in the Middle East. The company “Lockheed Martin” has received requests to buy thousands of Hellfire missiles. The “AM Read more…

Expectations of an economic downturn because of taxes and customs tariff application

Expectations of an economic downturn because of taxes and customs tariff application

08/03/2015

BAGHDAD / JD / .. Iraqis economists predicted Association, an economic contraction in the country because of taxes applied to the telecommunications companies and some of the services and the imposition of customs tariff and duties on imported goods, noting that the time is not appropriate for the application of these decisions.
The vice president of the association on behalf Read more…

Economist: lower oil prices will not continue and Iraq on the verge of bankruptcy

Economist: lower oil prices will not continue and Iraq on the verge of bankruptcy that has not grown its economy

03/08/2015 nine thirty-four

[Baghdad – where]
economist Abdullah al-Jubouri said, “The decline witnessed in oil prices will not last very much.”
He said al-Jubouri, told all of Iraq [where], “The continuing fall in oil prices and degradation for the fifth consecutive week came under the Iranian nuclear deal with the United Nations the United Nations and the Group 5 +1 and the European Union, China and Russia, which means Read more…

Deputy for his party: to extend the mandate Massoud Barzani guarantee to resolve the region’s problems

Deputy for his party: to extend the mandate Massoud Barzani guarantee to resolve the region’s problems

03/08/2015 twelve six

[Baghdad-where]
promised an MP for the Kurdistan Democratic Party to extend the mandate of the President of Kurdistan, Massoud Barzani, two extra years is the best solution for the region.
She Birwan Khilani told all of Iraq [where] that “the Kurdistan Regional Parliament busy two projects two main amendment to the Constitution and the law of the presidency of the Kurdistan region, noting that” at the moment we see Read more…

Prime Minister calls for activating the principle of “Where did you get this.”

Prime Minister calls for activating the principle of “Where did you get this.”

08/03/2015 08:37 GMT

Baghdad-and babysit – called on Prime Minister Haider al-Abadi, to activate the principle of “Where did you get this.”
Abadi In the first conference of the coexistence of young people, “called for the activation of the Where did you get this for everyone,” noting that “it is unacceptable that some of the children spend more than the prime minister.”

He said al-Abadi told the officials, “How do you ask of the citizen to Read more…

Supreme Council refuses to Maliki’s coalition candidate for the presidency of the National Alliance

Supreme Council refuses to Maliki’s coalition candidate for the presidency of the National Alliance

10:56: 08/02/2015

Khandan – counting the Islamic Supreme Council headed by Ammar al-Hakim, a coalition of state law, led by Vice President Nuri al-Maliki’s nomination leading the coalition on the writer for the presidency of the National Alliance as a mere “personal diligence in the absence of balance and institutionalization.” said the official spokesman of the Supreme Council eloquent Abu Galal, the newspaper « Middle East »” The question people are not important for us, but what concerns us is the realization of the principle of balance Read more…