IRAQI DINAR POLITICS & ECONOMY

Rasheed Bank declares its readiness to finance investment projects, residential

Rasheed Bank declares its readiness to finance investment projects, residential

15.02.2014 (0:01 pm)

Najaf / Acer Ali

Administration announced the Rasheed Bank, willingness project finance residential investment through soft loans of up to 15 years, an interest rate of seven percent per month, expressed as investors Anajafion welcomed this initiative, Adin them a positive step, confirmed Read more…

Urgent .. Najafi of the House of Representatives to postpone the hearing until a solution

Urgent .. Najafi of the House of Representatives to postpone the hearing until a solution to the outstanding problems between Baghdad and Erbil on budget

Saturday, February 15, 2014 11:16

[Baghdad where]

Told House Speaker Osama Najafi parliamentarians to postpone a parliament session until the problem-solving outstanding issues between Baghdad and Erbil.

According to a parliamentary source told all of Iraq [where] today that ” Najafi told the House of Representatives to lift the hearings until further notice for the existence of the problems of large and complex financial Read more…

Qasim Muhammad expresses expect obtaining a final agreement on the export of oil with Baghdad

Qasim Muhammad expresses expect obtaining a final agreement on the export of oil with Baghdad

02/15/2014 11:27

Agencies – expressed by the decision of the Commission on oil and energy parliamentary MP for the Kurdistan Alliance Qassim Mohammed, Saturday, predicted the end of the differences between Baghdad and Erbil oil this week, adding that there was “great convergence” happened during the past few days to “internal and external pressures” to Read more…

Washington trained Iraqi pilots on the Apache and announces the arrival of the first batch of F16 fighter jets

Washington trained Iraqi pilots on the Apache and announces the arrival of the first batch of F16 fighter jets in September next

Friday, February 14, 2014 10:43

[Baghdad – where]

The United States announced its intention to train Iraqi pilots on its territory to lead the helicopter [Apache].

Maj. Gen. Pilot Associate Director of the Office security to Iraq, William Bender across the round table organized by the Office of Information Affairs at the U.S. Embassy in Baghdad for the Read more…

President of the Kurdistan Regional Government lowers his salary and his cabinet ministers to half

President of the Kurdistan Regional Government lowers his salary and his cabinet ministers to half

13/02/2014 eighteen past four p.m.

{Baghdad: Euphrates News}
The President of the Kurdistan Regional Government Naچervan Barzani, on Thursday, cut his salary and his deputy, and government ministers as well as ministers retired to half the amount for a certain period because of deteriorating economic conditions and the lack of liquidity in banks in the region.
A spokesman for the Kurdistan Regional Government Sven Dzia told {Euphrates News} that “the book was received from Read more…

Massoud Barzani refuses to meet with Obama

Massoud Barzani interview Obama refuses to put his party in protest at the terror list

Posted, February 13, 2014 18:17

BAGHDAD / translation Baghdadi News / .. Officials said in response, Wednesday, that the President of Kurdistan, Massoud Barzani, will not meet with the President of the United States to be the removal of the two main parties in the province of blacklist for terrorism sentiments site, according to British newspaper The Guardian.
He told foreign relations official in the Kurdistan region Falah Mustafa, the U.S. embassy in Erbil until he is removed rating Kurdistan Democratic Party led by Barzani and the Patriotic Union of Barzani will not even accept an invitation to visit Obama.
KDP and the Patriotic Union blacklisted Read more…

Kurdistan hopes to resolve differences over the budget during Barzani’s visit Sunday

Kurdistan hopes to resolve differences over the budget during Barzani’s visit Sunday

Thursday, February 13th, 2014 13:34

BAGHDAD / Baghdadi News / ended his meeting with Speaker of the House Committee of Ministers and heads of parliamentary blocs as well as the relevant committees, and the problems relating to the relationship between Baghdad and Erbil on the budget bill without reaching the final solutions.
And said a member of the Kurdistan Alliance MP Khalid Shwani told / Baghdadi News / The meeting, which was held e Speaker of the House with Read more…

Sulaymaniyah investors are pumping money to the banks to end the liquidity crisis

Sulaymaniyah investors are pumping money to the banks to end the liquidity crisis

2/13/2014 0:00

Sulaymaniyah – Shirzad Shaikhani
initiated a large number of investors and owners of private companies and local businessmen in the province of Sulaymaniyah to pump their money to banks and local banks contribute to them in the end the liquidity crisis experienced by those banks for several months. problem was confined to the Read more…

Philippines plans to send 10 thousand workers to Iraq

Philippines plans to send 10 thousand workers to Iraq

02.12.2014 (0:01 pm)

 Baghdad / term Presse announced that the Philippine government, on Tuesday, is intended to “send 10 thousand Filipinos” to work in Iraq, and showed that it was “waiting for the signing of a joint agreement” with the Iraqi government for the operation of the labor force, and pointed out that Iraq “is seeking to hire Read more…

Parliament warns of bankruptcy within two months if the government did not pass a budget

Parliament warns of bankruptcy within two months if the government did not pass a budget

02.12.2014 (0:01 pm)

 Baghdad / Mohammad Sabah

Called committees of financial and economic situation in Parliament, on Tuesday, to deal seriously with the warnings of the International Monetary Fund on the expansion of government spending in Iraq, and its implications for monetary reserves.
Chairman of the Finance Committee stressed the need to reconsider the government spending plans, saying that the annual increase will lead to a Read more…

Maliki’s public declaration of “victory” to the surprise of MPs Anbar: constant shelling and clashes ongoing

Maliki’s public declaration of “victory” to the surprise of MPs Anbar: constant shelling and clashes ongoing

02.12.2014 (0:01 pm)

 Baghdad / Wael grace

Astonished MPs from Anbar’s remarks, Prime Minister Nuri al-Maliki on “the victory of the state” against terrorism, and stressed blurry what is going on in Anbar, even today after six weeks of fighting, and stressed that the military operations and activities of the militants sustained Read more…

Chihod: 5 petro-dollars and pensions will make the budget deficit (50) billion dollars

Chihod: 5 petro-dollars and pensions will make the budget deficit (50) billion dollars

12-02-2014 11:24 AM

Baghdad (news) .. MP / National Alliance / Mohammed Saadoun Chihod, that the amounts of petro $ 5 and pensions will make the budget deficit is 50 billion dollars. said Chihod in a statement received Agency (news) copy of it: that ‘the total amount of the budget is not enough to meet the claims, especially after claims oil-producing provinces amounts of petro $ 5 and approval of the pension law in its current form, explaining that the Read more…

Parliament postpones its meeting to next Thursday

Parliament postpones its meeting to next Thursday

Tuesday, February 11th, 2014 17:24

BAGHDAD / Baghdadi News / .. Postponed Presidency of the Council of Representatives, on Tuesday, the regular session of the Council scheduled for today to next Thursday because of disagreements about the federal budget law for 2014.
A reporter / Baghdadi News / In the House of Representatives, “The House of Representatives has decided to Read more…

Warnings from the inability of Iraq to export 3.4 million barrels of oil per day

Warnings from the inability of Iraq to export 3.4 million barrels of oil per day

11/02/2014

BAGHDAD / JD / .. Committee warned the economy and investment representative, of the inability of Iraq to export three million and 400 thousand barrels of oil a day and put that on the basis of which the federal budget through 2014.
Said committee member Rep. Nora Albjara Agency / JD /: that the budget in 2014 is not prepared thoughtfully and well where he developed on the basis of the sale price of a barrel of oil at 90 dollars, while global markets are unstable and Read more…

Economy parliamentary rule out the application of the customs tariff

Economy parliamentary rule out the application of the customs tariff

02/11/2014 11:44

BAGHDAD – morning
ruled out a member of the economic and investment commission in the House of Representatives Hussein Mura’bi, the application of the customs tariff law before the start of the next session of the House of Representatives, noting that the lack of experience prevents the Read more…

Saudi Arabia seizes Iraqi oil pipeline that passes through its territory

Saudi Arabia seizes Iraqi oil pipeline that passes through its territory

February 10, 2014

BAGHDAD – ((eighth day))

She said the Commission on oil and energy parliamentary Today, the Saudi government issued a law to confiscate the Iraqi oil pipeline that passes through its territory, noting that this tube is an economic lifeline for Iraq.

He said the Commission’s decision Qasim Mohammad Qasim told ((eighth day)) that Iraq can not at the present stage to export crude oil to Egypt and Palestine, adding that Read more…

“We will not allow the survival of Nuri al-Maliki in power.” .. Iyad Allawi: elections will be held bloody!

“We will not allow the survival of Nuri al-Maliki in power.” .. Iyad Allawi: elections will be held bloody!

Date: Monday 02/10/2014 12:29

Said Iyad Allawi, leader of the bloc united to the Jordanian Al-Ghad newspaper “will not get out of politics, but I will not stay in the political process devote this dangerous deviation.”

He added that “the problem with Nouri al-Maliki that he does not abide by his words and his promises that travels or covenants signed by, politician of his word, let alone if they signed an agreement, this guy can not be trusted because he is not Read more…

Net looking with the International Finance Corporation (IFC)

Net looking with the International Finance Corporation (IFC) the possibility of encouraging investment companies to work in Iraq

10-02-2014 01:31 PM

Baghdad (news) .. Search and Minister of Finance Agency purity of net debt with the Director of the Office of the International Finance Corporation (IFC), Ziad Badr, ways to encourage companies and investors to invest in Iraq. According to a statement of the ministry received the Agency (news) copy of it: ‘The two sides discussed during the meeting, the Read more…

Economist exclude low world oil prices and its impact on the federal budget

Economist exclude low world oil prices and its impact on the federal budget

10-02-2014 03:31 PM

Baghdad (news) .. Ruled among Iraqi economic happen decline in world oil prices in the next stage, including not affect the budget of Iraq, which was calculated on the basis of (90) dollars per barrel. economist said Hussein Allawi, the star (of the Agency news): The ‘guesses the federal budget for sale barrel of oil at 90 dollars is suitable for international circumstances, because the projections indicate that the oil Read more…

Economist: 9 trillion dinars monthly losses of Iraq due to the delayed budget

Economist: 9 trillion dinars monthly losses of Iraq due to the delayed budget

Sunday, February 9, 2014 13:42

BAGHDAD / Baghdadi News / .. As much as an economist Iraq monthly loss due to delay in approving the federal budget by about nine trillion dinars.
The chancellor said the Iraqi Economic Institute, Dr. Ahmed al-Husseini’s / Baghdadi News / “The value of the daily loss incurred by Iraq because of the continued delay in approving the budget is a huge burden on the Iraqi economy.”
He added that “the biggest losses Read more…