IRAQI DINAR POLITICS & ECONOMY

Iraqi budget will provide oil revenue sharing to the citizens

Iraqi budget will provide oil revenue sharing to the citizens

Posted, 21 Jan 2014

Iraqi ministry of finance has announced the allocation of five dollars from each barrel of oil-producing provinces in the federal budget for the current year, afterthought inability to pay the amount at once.
In a news conference, attended by the correspondent of the Euphrates, Finance Minister stated, “The law guarantees issued share of oil-producing provinces and gas law, a right to Read more…

Parliamentary Finance calling on the government to send the new Banking Act

Parliamentary Finance calling on the government to send the new Banking Act

21/01/2014

BAGHDAD / JD / .. Demanded the parliamentary Finance Committee, the Council of Ministers to speed up the ratification of the new banking law to turn it into the House of Representatives for the purpose of discussion and voting on it.
Said committee member Rep. Dler able Agency / JD /: The Banking Act new completed long ago by the Central Bank of Iraq and was sent to the State Council for the purpose of Read more…

Maysan Council threatens to stop exporting oil to maintain if not paid sums of petro $ 5

Maysan Council threatens to stop exporting oil to maintain if not paid sums of petro $ 5

Tuesday, 21 January 2014 15:26

[Maysan – where]

Council threatened Maysan province on Tuesday to stop the export of oil produced from the fields to maintain in the absence of the federal government to grant full allocations project petro $ 5. The Minister of Finance and serenity net debt agency said that “the law in force, which ensures that the share of oil-producing provinces, gas, and this is her right, but because of Read more…

Government: a third meeting with the Kurds to discuss the proposal and the Ministry of Oil

Government: a third meeting with the Kurds to discuss the proposal and the Ministry of Oil

1/21/2014 0:00

Sentry representative of the results of meetings the two sides
BAGHDAD – morning – Shaima Rashid
amid anticipation circles parliamentary results of the visit of the Kurdish delegation to Baghdad to see what will happen to him if the files are the subject of dispute between the Governments of the center and the province, especially the file of oil and Budget, said Adviser to the Prime Minister said the meeting was positive and Read more…

Text of the draft 2014 budget law sent to parliament

Text of the draft 2014 budget law sent to parliament

1/21/2014 0:00

Behalf of the people
presidency
Resolution No. ( )
based on what passed the House of Representatives, according to the provisions of subsection (I) of Article (61) and item (iii) of Article (73) of the Constitution
decided to President of the Republic on / / 2013
issuing the following law:
Law No. ( ) for the year 2014 /
General Budget Law of the Federal Republic of Iraq for the financial year 2014 /
(first quarter)
revenue

Article 1 – First: Read more…

Uday Awad: the time is right to impose economic sanctions on Turkey and the Kurdistan region

Uday Awad: the time is right to impose economic sanctions on Turkey and the Kurdistan region

01/20/2014 14:38

Tomorrow’s Press / Baghdad: A member of the Commission on oil and energy parliamentary Uday Awad, on Sunday that the government by obtaining approvals of international economic sanctions on Turkey and the Kurdistan region, noting that the time is right in lost international support witnessed by Iraq in its war against al Qaeda. said Awad ” Tomorrow’s Press, “said that” oil wealth belongs to the Iraqi people, wherever they are, whether in the north or the south of Iraq does not specify a Read more…

EU offers 75 million euros in support of development in Iraq

EU offers 75 million euros in support of development in Iraq

Mon, January 20, 2014 19:45

BAGHDAD / translation Baghdadi News / .. The site said RTL MTV News U.S., the EU will present to Iraq nearly 75 million euros to support development in Iraq for the period between 2014 to 2020, according to a statement European Commissioner for Development Andris Pegas during a meeting with an Iraqi delegation headed by Foreign Minister Hoshyar Zebari said in Brussels today Monday.
The European Commission said in a press release that Read more…

Barzani: The current draft budget is rejected by us flatly

Barzani: The current draft budget is rejected by us flatly

Mon, January 20, 2014 14:29

BAGHDAD / Albgdaah News / renewed the Kurdistan Regional Government rejected the budget bill for next year, flatly.
And said Nechirvan Barzani, head of the provincial government: that the current draft budget sent by Baghdad to the House of Representatives “is rejected by the Kurdistan flatly.”
Barzani’s comments came during an interview with the network media Roudao close it, and pursued Read more…

U.S. researcher: Maliki is not less dangerous than the norm for the interests of the United States and Iraq

U.S. researcher: Maliki is not less dangerous than the norm for the interests of the United States and Iraq

01.20.2014 (0:01 pm)

 translation term

Saw a researcher at the Center for Strategic and International Studies that the United States provide some assistance to Iraq in the field of counter-terrorism, but in the same time the pressure on al-Maliki for reforms in favor of the Sunnis and Kurds and ensure a return to the Erbil Convention on the basis of the results of the upcoming elections.
said Anthony Cordesman, in a lengthy analysis of Read more…

120 deputies are threatening to derail the budget .. South and angry Maliki to cancel the new petro-dollar ratio

120 deputies are threatening to derail the budget .. South and angry Maliki to cancel the new petro-dollar ratio

01.20.2014 (0:01 pm)

 Baghdad / Mohammad Sabah

Facing the federal budget for the year 2014 objections unprecedented, having described the way passed the House of Representatives as a “trapping” bear the responsibility of the government alone. The talk among the parliamentary collision budget mass parliamentary estimated 120 deputies, led by representatives of the central and southern governorates in addition to the masses of the Kurdistan Alliance and Read more…

Baghdad and Erbil talks about exporting the region’s oil is positive and will be a third meeting

Osman: Baghdad and Erbil talks about exporting the region’s oil is positive and will be a third meeting between the two sides

Monday, 20  January 2014 15:04

[Baghdad where]

Counting the Kurdistan Alliance MP Mahmoud Othman, and talks are now ongoing dialogues between the governments in Baghdad and Erbil positive noting that “the two sides are now considering the views of each on the issue of the export of oil and matters relating thereto.”

The Prime Minister of the Kurdistan Regional Government, Barzani and his accompanying delegation arrived yesterday to Baghdad and met with Read more…

Adviser to the Prime Minister: the procedures for granting $ 5 per barrel of oil product to the detriment of the provinces

Adviser to the Prime Minister: the procedures for granting $ 5 per barrel of oil product to the detriment of the provinces of the country

20-01-2014 08:08 AM

Baghdad (news) .. An advisor of the Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge, that the procedures of granting $ 5 to the provinces for every barrel of oil producer damaging to the state, noting that the adoption of the percentage move the right way. said Anbuge (of the Agency news): The government has proposed to replace the clause granting Provincial amount ($ 5) for every barrel of product, including a passage percentage and its ability to Read more…

Pro-Tayeb: the federal government intends to wage economic war against the Kurdistan region

Pro-Tayeb: the federal government intends to wage economic war against the Kurdistan region

19-01-2014 08:27 AM

Baghdad (news) .. Said the spokesman of the Kurdistan Alliance bloc pro-Tayeb, said the central government intends to launch a war of
economic sanctions against the Kurdistan region, indicating that the region Mada in the decision to export oil. said the good (of the Agency news): the crisis of the export of oil from the region is still in place with the Government Center on Although understanding the two sides need to Read more…

Mutlaq al-Maliki calls to resign because of the deteriorating security situation

Mutlaq al-Maliki calls to resign because of the deteriorating security situation

19-01-2014 02:50 PM

Baghdad (news) .. The member of the Commission on Security and Defense parliamentary MP Hamid al-Mutlaq, Prime Minister Nuri al-Maliki to resign because of the deteriorating security situation and the failure to preserve the lives of citizens. Mutlaq said at a news conference at the parliament building and attended by the Agency (news): On the General Commander of the Armed Forces Nouri al-Maliki submit his resignation because of Read more…

The reflection of the expectations of the Turkish lira depreciation positively on the Iraqi trade

The reflection of the expectations of the Turkish lira depreciation positively on the Iraqi trade

Posted 18/01/2014 06:51 AM

BAGHDAD – “arenas of Liberation”
Expected economic expert on behalf of Jamil Antoine, Iraq to be “the primary beneficiary of the low exchange rate of the Turkish lira against the U.S. dollar.”
Antoine said that “the decline in the Turkish lira against the U.S. dollar will reflect positively to the Iraqi side, since all of Iraq’s imports from Turkey, the dollar, which makes imports of Read more…

Mass citizen expects approving the budget mid-February

Mass citizen expects approving the budget mid-February

Saturday, January 18th, 2014 15:57

BAGHDAD / Baghdadi News / .. Confirmed the mass citizen, Saturday, that the adoption of the budget will be the middle of next month, at a minimum, due to the lack of resolve differences with the province by the government.
The leader of the Bloc citizens MP Abdul-Hussein Abtan L / Baghdadi News /, “The government has sent the budget to the parliament before the differences are resolved with Read more…

Shut down the U.S. Embassy in Baghdad on Sunday for security reasons

Attachments shut down the U.S. Embassy in Baghdad on Sunday for security reasons

Saturday, January 18th, 2014 17:14

BAGHDAD / translation Baghdadi News / .. Site published U.S. embassy in Baghdad on Saturday, the embassy will be closed barrier consideration of the U.S. embassy on Sunday because of the escalating security threats in Baghdad.
A statement issued by the embassy seen by / Baghdadi News /, “Due to rising security threats in Baghdad and surrounding areas will be sealed barrier embassy from tomorrow January 19, 2014.”
The statement added that “the U.S. Embassy advises U.S. citizens to Read more…

Maliki’s “Washington Post”: I do not regret the withdrawal of the U.S. military

Maliki’s “Washington Post”: I do not regret the withdrawal of the U.S. military and ask him to train our army in neighboring countries

01.18.2014 (0:01 pm)

 Baghdad / term-Presse

Detection of Prime Minister Nuri al-Maliki, on Thursday, presenting a list of all of the United States to supply Iraq with weapons it needs to eliminate al-Qaeda militants. As pointed out his quest to get American-trained Iraqi army in the coming period, showed “no regret for the withdrawal of U.S. troops from Iraq, despite the security situation currently being experienced.”
Maliki said, in an interview with The Washington Post, said that “Iraq gave Read more…

Pentagon Announces sent light arms to Iraq

Pentagon Announces sent light arms to Iraq

01/18/2014 16:31

Follow-up – and babysit –
Announced that the U.S. Defense Department (Pentagon), said on Saturday its intention to send small arms and ammunition to Iraq as “soon as possible”, and confirmed that the sending of weapons came in response to a request by Prime Minister Nuri al-Maliki to help its armed forces in the face of al-Qaeda in Anbar province, “As indicated it “Do not continue to discuss the topic of Read more…

Maliki: We made requests to Washington for New weapons to fight al-Qaeda does not need U.S. troops

Maliki: We made requests to Washington for New weapons to fight al-Qaeda does not need U.S. troops

Friday, 17  January 2014 14:19

[Baghdad – where]

Revealed the Commander in Chief of the armed forces of Prime Minister Nuri al-Maliki submitted a request to the U.S. to provide the Iraqi government new weapons to fight al-Qaeda and regulatory Daash in Anbar province. Maliki said in an interview conducted with The Washington Post that “his country’s request of the United States of new Read more…