IRAQI DINAR POLITICS & ECONOMY

World Bank: expense of budgets Iraq, far less than the observed

World Bank: expense of budgets Iraq, far less than the observed

25/02/2013 (23:00 pm)

Baghdad / term Press

Revealed the World Bank, on Sunday, that the volume of expenditure of Iraqi budgets far less than the observed where money, and expressed his fear of the danger of adopting the Iraqi budget for oil fully and guesses prices high, and between that any decline in the price of the world’s oil will cause problems large to Iraq, in when confirmed by the Ministry of Planning said that there is no alternative for Iraq but to rely on oil.
The World Bank representative in Iraq Maria Helen in a joint conference with Read more…

Urgent….Iraqi parliament’s session postponed until further notice

Urgent….Iraqi parliament’s session postponed until further notice

Monday, 25 February 2013 15:21

Baghdad (AIN) -The Iraqi Parliament postponed the regular session of Monday until further notice.

source at the parliament told All Iraq News Agency on Monday “The Speaker of the parliament, Osama al-Nijaifi, decided to Read more…

After reaching “compromise solutions ” Parliament will vote on budget tomorrow.

The MP, of the Iraqiya coalition, the rapporteur of the parliamentary financial committee, Ahmed al-Mesari said “The vote on the budget law for 2013 will be on Monday’s session after reaching to compromise solutions on the budget.” Read more…

World Bank warns Iraq of the adoption of the budget on the high speculative prices for a barrel of oil

Revealed the World Bank, Sunday, that the volume of spending of Iraqi budgets far less than the observed where money, and expressed his fear of the danger of adopting the Iraqi budget for oil fully and guesses prices high, as revealed the Ministry of Planning, Read more…

Iraq was subjected to a lot of financial blackmail after 2003 and we have alternatives for U.S. protection for our money

Revealed the Iraqi Planning Ministry, on Sunday, for “subordination” Iraq for many “blackmail” Finance after 2003, and showed that the government gained a lot of suits brought by private companies, Read more…

Foreign investment rises in Iraq

Organization announced gica Southeast Asian, on Saturday, that foreign investment rose in Iraq to 20-fold to become a $ 60 billion U.S. after it was three billion dollars four years ago. Read more…

Economic: the need to economically developed countries in the investment Amendment Act

Baghdad (newsletter). Economist Kristina suggested, use of foreign expertise and economically developed States to promote national economic sectors, particularly through investment sector how to amend investment laws to attract companies to invest in the country. Read more…

Tamimi: heads of political blocs agreed to pass the budget at a meeting tomorrow

Tamimi: heads of political blocs agreed to pass the budget at a meeting tomorrow

Sunday, February 24, 2013 15:22

BAGHDAD / Baghdadiya News / .. revealed a member of the parliamentary Finance Committee Magda Tamimi, Sunday, holding the Presidency of the Council of Representatives meeting of the Finance Committee in the presence of heads of political blocs, during which they reached a consensus pass the budget during the session tomorrow.
Tamimi said in a statement to / Baghdadi Enoz / “The Presidency of the Council Read more…

MP reveals details of agreement to settle Federal Budget’s controversial points

MP reveals details of agreement to settle Federal Budget’s controversial points

Sunday, 24 February 2013 19:22

Baghdad (AIN) -MP Haval Kwistani of the parliament Change bloc revealed the details of the agreement that was reached among the political blocs concerning settling the pending points of the Federal Budget of 2013.

Kwistani told All Iraq News Agency (AIN) on Sunday “A meeting was held at the parliament building chaired by the Second Deputy Speaker of the parliament, Arif Tayfor in presence of the Finance Committee’s head and a number of Read more…

Mayahi attributes delaying endorsing Budget to “Lie of political deals”

Mayahi attributes delaying endorsing Budget to “Lie of political deals”
Sunday, 24 February 2013 12:19

Baghdad (AIN) –MP, Aziz al-Mayahi, of the White bloc attributed the delay in endorsement the 2013 Budget to the “Lies of the political deals.”

In a press statement received by AIN, he said “The lie of the political deals prevented the parliament from endorsing any law draft where it became the common condition to Read more…

MP describes Maliki’s government as weakest since 1921

MP describes Maliki’s government as weakest since 1921

Sunday, 24 February 2013 17:20 | | |

Baghdad (AIN) -MP Khalid Abdullah al-Alwani of the Iraqiya Slate described the current Iraqi Government as “the weakest government since formation of the modern Iraqi state in 1921.”

Alwani said that “The Government of the Premier Nouri al-Maliki is adept only in creating crises, also it did not Read more…

Not optimistic over releasing Iraq from Chapter VII of UN’s Charter at this time

Not optimistic over releasing Iraq from Seventh Chapter of UN’s Charter at this time, says MP

Sunday, 24 February 2013 09:20 | | |

Baghdad (AIN) –MP, Hala al-Naftachi, the member of the Parliamentary Foreign Relations Committee, stated that she is not optimistic over releasing Iraq from the Seventh Chapter of the UN’s Chapter at the current time.

Speaking to All Iraq News Agency (AIN), she said “We are not optimistic over releasing Iraq from the Seventh Chapter by the UN due to the Read more…

Ki Card put its strategy for the year 2013 and announces the launch / MasterCard / in the middle of the year

The company announced global smart card / Ki Card / for that mid-2013 will see the beginning of starting service to international / MasterCard / granted feature international roaming. Read more…

Iraq is losing $ 27 million a day due to the late adoption of the budget

Differences between the Blocs postpone approval to next Monday

Decided Presidency of the Council of Representatives to postpone the hearing Council special budget to Monday because of the Contentious points on around them, in time, said the National Alliance that Iraq is losing daily $ 27 million due to the late adoption of the budget so far.Said a member of Read more…

Mohsen Ali: the need to introduce modern systems work of local banks to be linked to global banks

Baghdad (news) confirmed banking expert Mohsen Ali, the importance of introducing banking systems modern work of local banks private and government to keep pace with the evolution in the banking field and linked banks world. Read more…

Economic expert: Companies’ Act limits the freedom of the private sector.

The economic expert, Salam Smaisem said the Companies’ Act is still working in the same way of the central system, which limits the freedom of the private sector.   She told the National Iraqi News Read more…

Iraq president’s health improving, can now talk: doctor

(Reuters) – Iraqi President Jalal Talabani is now able to talk, his doctor said, adding he was hopeful the Kurdish statesman would soon be fit to return to Iraq from Germany, where he has been receiving medical treatment for a stroke. Read more…

Ukrainian tanker deal: cracks in the armor as well as bad engines and transmissions

A new chapter in the scandals Ukrainian tanker deal: cracks in the armor as well as engines and transmissions bad

Posted 23/02/2013 01:59 PM

BAGHDAD – “arenas of Liberation”
Sources Iraqi military information a new task for arms deals signed by the government of Prime Minister Nuri al-Maliki and specifically with the countries of the socialist camp before.
and sources indicated that there are a lot of details regarding the corruption of one deals Iraqi Ministry of Defense, and specifically deal armor Ukaneh which reached more than a hundred of them to Directorate armament depots and processing at Camp Taji.

The sources said that the fundamental flaws in the armor as well as engines many faults, is poor efficiency Read more…

Baghdad and Moscow intend to complete the Russian arms deal for Iraq worth $ 4 billion

Baghdad and Moscow intend to complete the Russian arms deal for Iraq worth $ 4 billion

Saturday, February 23, 2013 11:14

Translation / Baghdadiya News / .. Reuters news agency said, quoting a statement, Iraqi Foreign Minister Hoshyar Zebari that “Moscow and Baghdad are moving forward in Russian armament deal valued at $ 4 billion.” It would make Russia the second largest supplier of arms to the country in time which contradicts this statement reports that the cancellation of the deal because of the potential for corruption. The Iraqi foreign minister by saying that “In principle, the parties intend to Read more…

House of Representatives rejected unanimously re-budget to the Council of Ministers

House of Representatives rejected unanimously re-budget to the Council of Ministers

Saturday, February 23, 2013 14:15

BAGHDAD / Baghdadiya News / .. The House voted, Saturday, and unanimously refused to return the federal budget to the Council of Ministers to make some adjustments
The source said a representative for / Baghdadiya News / “The members of the House of Representatives voted at today’s meeting Saturday and unanimously not to re-budget to the Council of Ministers for the purpose of making some adjustments of competence”, adding that Read more…