IRAQI DINAR POLITICS & ECONOMY

Kurdistan defies Baghdad and begin to export oil by the end of this year

Kurdistan defies Baghdad and begin to export oil by the end of this year

23/11/2013

{Baghdad: Euphrates News} favored the Minister of Natural Resources in the Kurdistan region drastically, that the export of oil pipelines in the region own through Turkey, may begin before the end of this year, both Baghdad and agreed on a plan payments or did not agree.
Hawrami said in remarks in a press conference held in Istanbul, seen by the Euphrates News Agency {} “The oil could begin to flow in the pipeline region Read more…

Shukri: Egypt’s debt on Iraq to solve the Paris Club agreement

Shukri: Egypt’s debt on Iraq to solve the Paris Club agreement

11/23/2013

BAGHDAD / JD / .. Minister of Planning Ali Shukri Yusuf, Minister of Finance and the agency he is no way to settle the Egyptian government debt to Iraq, but to join the Convention on the “Paris Club”.
Said Shukri told the reporter / JD / that Egypt on Iraq government debt of $ 800 million dollars, were paid $ 400 million fully to the private sector what is called a “hawala yellow” Egyptian labor that existed in Iraq in the eighties of the last century.
He continued that we Read more…

Kuwait reveal the remaining amounts of their compensation Iraq

Kuwait reveal the remaining amounts of their compensation Iraq

11/23/2013

Palm – The Public Authority for Assessment of Compensation for losses of Kuwait by Iraq, said Friday that the remaining amount of Kuwait is estimated at 8.899 billion dollars, stressing the need to continue to maintain a transparent mechanism to ensure scrutiny of the amounts transferred to the Compensation Fund.

Quoted by Kuwait News Agency “KUNA” the head of the body Khaled Al-Mudhaf as saying during his speech to the session 76 of the United Nations Read more…

Political conflicts hamper the budget debate in 2014

Political conflicts hamper the budget debate in 2014

Created on Friday, 22 October 2/2013

BAGHDAD / Mustafa Habib

Adoption of the annual financial budget in Iraq is a vivid example of the negative impact of political conflicts on the economic interests in the country suffers from poor services and investment and unemployment, but what is hiding behind the problems of the budget in 2014?.

According to the Financial Administration Act, the Council of Ministers is authorized only no budget, and is obliged to submit the draft budget to Parliament no later than 11 November (November) every year, but the current government headed by Nouri al-Maliki failed again Read more…

Customs tariff devoid of experience and some politicians are trying to deport law to parliament next

Economic parliamentary: customs tariff devoid of experience and some politicians are trying to deport law to parliament next

Friday, 22 November /  2013 13:15

[Baghdad – where]

A member of the parliamentary Economic Committee Mura’bi Hussein, that “there are some politicians are trying to deport the customs tariff law to the next parliamentary session.”

The House of Representatives had voted in 22 of the last July on the second amendment to the customs tariff law No. 22 for the year 2010 average, while the government announced its approval in 26 of the last June on a bill to Read more…

Vice Kurdistan: the financial budget will come within the political differences of the blocks

Vice Kurdistan: the financial budget will come within the political differences of the blocks

22-11-2013 12:32 PM

Erbil (news) .. Expect a member of the Kurdistan Alliance MP / coalition blocs Kurdistan / Mehdi Haji, the budget bill for fiscal 2014 will come within the political differences of the blocks, and thus be delayed approval. said Haji said in a statement (of the Agency news): The budget for fiscal year 2014 until now did not reach the House of Representatives, which is in the Council of Ministers did not come up for a vote, how is the Kurdistan Alliance not to approve?, adding that Read more…

Company discovers quantities “significant” increase oil and gas reserves figures Iraq

Company discovers quantities “significant” increase oil and gas reserves figures Iraq

THURSDAY, NOVEMBER 21 2 / 2013 09:48

Twilight News / An official at the South Oil Company, on Thursday, on the presence of large quantities of crude oil and natural gas in the field of Sinbad 2 within the Sinbad oil field, as pointed out that this discovery will change the number of Iraqi crude oil reserves.

Sinbad field is located in the district of the Shatt al-Arab near the Iraq-Iran border; has tried the Brazilian company Petrobras in 1974 explored but failed. Read more…

Iraq to fulfill all its obligations with Kuwait by the end of 2015

Iraq to fulfill all its obligations with Kuwait by the end of 2015

21 Nov 2013

Hoshyar Zebari, the foreign minister of Iraq, stated that Iraq will fulfill all the international obligations that the country has especially towards Kuwait in 2015. He also added that the outstanding issues between Kuwait and Iraq have been processed through cooperation and mutual trust.
Conversing with the reporters of local media and press on the sidelines of Iraq’s participation in the third Arab-African summit, which is anticipated to be held in Iraq, Mr. Zebari also said, “The two Read more…

The deficit is located within the budget of the year 2014 cost the state more than 174 trillion Iraqi dinars

Minister of Trade: the deficit is located within the budget of the year 2014 cost the state more than 174 trillion Iraqi dinars

21/11/2013 18:47

{Baghdad: Euphrates News} announced the Minister of Trade Khairallah Hassan Babiker difficulty of covering the budget deficit in the year 2014 due to increased expenditures on the budget in different areas.
He said Babacar in a press statement seen by Agency {Euphrates News} today that “the deficit is currently in the table within the budget of the year 2014 cost the state 174 trillion Iraqi dinars and more than 115 trillion Iraqi dinars dedicated to Read more…

Canada announces the opening of its embassy in Baghdad next February after a lapse of 23 years

Canada announces the opening of its embassy in Baghdad next February after a lapse of 23 years

Thursday, November 21 2 / November 2013 16:56

[Baghdad – where]

The new Canadian ambassador told in Baghdad Bruno Sakomana of the Secretary-General of the Council of Ministers Ali Mohsen Keywords, the opening of the Canadian Embassy full configurations in the next month of February 2014 after a lapse of 23 years.

A statement of the General Secretariat of the Council of Ministers, the agency Read more…

Political alliance – to hold economic transactions “suspicious” before the election

Political alliance – to hold economic transactions “suspicious” before the election

Created on Wednesday, November 20/2 November 2013 10:53 | Print|E-mail

Baghdad / Orr News

Senior parliamentary sources revealed motionless going through these days between the political parties and the owners of capital, backed by some Gulf countries to make deals (commercial – political) to the stage after the next elections scheduled to be held in April next year.

The sources said the parliamentary “These alliances is one of the most important factors of the Read more…

Kurdistan: the proposed U.S. interference in Iraqi affairs and can not be accepted

Kurdistan: the proposed U.S. interference in Iraqi affairs and can not be accepted

Wednesday, November 20, 2013 15:30

Baghdad / Baghdadi news / .. The leader of the Kurdistan Alliance, Mahmoud Othman, on Wednesday, the U.S. proposed to oversee oil exports to the region as a solution to the dispute between Baghdad and Erbil is unacceptable.
Osman said L / Baghdadi News / “,” The proposal submitted by the U.S. administration to oversee the oil exports of the Kurdistan region via the new tube through Turkish territory and bid farewell to revenue in a state-owned banks and Read more…

The Washington Times: Iraq’s oil revenues to pay for donor countries to reconsider

The Washington Times: Iraq’s oil revenues to pay for donor countries to reconsider Bmsaaadatha

20/11/2013 (00:01 pm)

 translation term

Saw American newspaper that Iraq middle-income country now and its oil revenues great, but it still depends on handouts of U.S. reconstruction.
said The Washington Times, in its report, said that after about two years of ending the military commitment to the Iraq war, is still the United States and its allies paying millions of dollars in reconstruction, even though that Baghdad Read more…

Chihod: the demands of the Kurds over the budget are almost impossible

Chihod: the demands of the Kurds over the budget are almost impossible

11:58 11/20/2013

Baghdad – and babysit – MP for the coalition of state law Mohamed Saadoun Alziod, that of the main obstacles to budget 2014 is the roof of the high demands of some political blocs.
He said Chihod in an interview (public opinion), on Wednesday, said that “the process of passing the budget within the Council of Ministers is currently very difficult fact that some of the blocks have Read more…

Despite and oil his will .. Iraq at the bottom of the index of economic power

Despite and oil his will .. Iraq at the bottom of the index to “يغاتوم” of economic power

Created on Tuesday, November 19/2 November 2013 10:32

BAGHDAD / Nasir Ali

Academics and objected Iraqi lawmakers on the results of the Institute “to يغاتوم the” English for economic strength index for 142 countries and the granting of their 130 Center, stressing that “the living standards of their citizens is much better than the states awarded the Institute calendars higher.”

He questioned the decision of the Finance Committee in the Iraqi Parliament economic expert, Abdul Hussein al-Yasiri results of Read more…

Iraq depends on the United States in reconstruction despite its oil revenues

Iraq depends on the United States in reconstruction despite its oil revenues

Tuesday, November 19, 2013 16:01

BAGHDAD / translation Baghdadi News / .. Web site, The Washington Times reported the U.S. in its report, on Tuesday, he and two years after the end of military involvement of U.S. in the Iraq war, the United States and its allies continue to pay millions of dollars for the reconstruction of Iraq despite the fact that Baghdad began to reap its oil industry with revenues rising instability and the Iraqi government’s rapprochement with Iran.
The report went on to say that by the Trust Fund, which was established in Read more…

Early 2014 .. Initiate the establishment of an electronic system in a bank Rasheed and Rafidain

Early 2014 .. Initiate the establishment of an electronic system in a bank Rasheed and Rafidain

19/11/2013

BAGHDAD / JD / .. The Ministry of Finance revealed the existence of the plan will start working out early next year 2014 for the establishment of an electronic system in the bank of good and Mesopotamia.
The Minister of Finance and Ali Yousef Shukri agency during a visit to one of the branches of the Rafidain Bank in Baghdad said in a statement received / JD / copy of it: there is a plan work will start by the beginning of next year 2014 is based on initiating the Read more…

Deprive the bank of the Middle East and trade from entering the currency auction

Deprive the bank of the Middle East and trade from entering the currency auction

19/11/2013

BAGHDAD / JD / .. Central Bank decided to deprive the bank of the Middle East and trade from entering the auction currency and the absence of serious measures to increase their capital.
The central bank said in a book entitled to a bank Middle East Iraqi investment and trade of Iraq, seen / JD / a copy of it: Decide حرمانكم from entering the auction currency (cash sales, credits, transfers) to the lack of serious action to Read more…

Deputy for Iraq: the Kurds to clarify the mystery about Talabani health or death

Deputy for Iraq: the Kurds to clarify the mystery about Talabani health or death

Tuesday, November 19 2 / November 2013 08:05

[Baghdad – where]

Demanded the MP for the Iraqi List, Nora Albjara Kurdish bloc to give information about the health of President Jalal Talabani.

Little that Talabani is subject to treatment for 11 months after suffering a stroke summoned him to a hospital in the German capital Berlin for treatment and follow-up of his health.

The Bijari told all of Iraq [where] that ” our uncertain about the health of the Read more…

Parliament in a hurry to send the government budget bill for the year 2014

Parliament in a hurry to send the government budget bill for the year 2014

11/19/2013 12:00 AM

Claims to cut holiday legislature in the event of the arrival of law
Baghdad Muhannad Abdul Wahab
called on Congress government to send the budget to the House of Representatives as soon as possible so that the last of the approval, demanding the President of the Council to cut recess legislature in the event of arrival.
National Alliance MP Ibrahim stirrup explained that House of Representatives raise its until after the holiday passed by the constitution after اختصرها for one Read more…