Posts Tagged ‘Central Bank of Iraq’

Experts: covered corruption and tax evasion, money laundering

Experts: covered corruption and tax evasion, money laundering

1/4/2015 0:00

Required the development of the paragraphs of law and according to the international variables
BAGHDAD – Hussein Tgb
Mostafa Hashemi
Collect a number of specialists affairs banking on the importance of the development of anti-money laundering law and make it consistent and supported in the developed world, and argued that all banks have units anti money laundering act professionally and in accordance with the Bank’s instructions Iraqi Central.
Executive Director of the Association of private banks in Iraq, Read more…

Zebari Keywords in Hospitality Finance Committee to discuss the auction currency

Zebari Keywords in Hospitality Finance Committee to discuss the auction currency

04/01/2015 10:31 GMT

Agencies –
Finance Committee hosts in the House of Representatives, Wednesday, Finance Minister Hoshyar Zebari, and the Governor of the Central Bank (agency) on the Keywords to discuss the auction currency.

Said committee member from the Kurdistan Alliance Najiba Najib, the committee in constant contact with the Ministry of Finance and Read more…

Parliamentary Finance outweigh the return of the stability of the dinar exchange within weeks

Parliamentary Finance outweigh the return of the stability of the dinar exchange within weeks

Published on Tuesday, 31st March / March 2015 11:26

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) – the parliamentary finance committee, said that the Governor of the Central Bank of Iraq, told her that the exchange rate of the Iraqi dinar against the dollar will return to normal in the coming weeks.

The record of the Iraqi dinar exchange rate against the dollar decline Read more…

Parliamentary Finance: The government appealed against the budget

Parliamentary Finance: The government appealed against the budget with respect to the interests of the people and reduce the privileges of officials [Expanded]

Tue, March 31 / March 2015 15:52

[Baghdad-where]

Parliamentary Finance Committee announced the formation of a joint committee with the legal representative of the pleading to the Federal Court regarding the appeal lodged by the Council of Ministers regarding the items added by the House of Representatives in the fiscal budget for 2015 Act.

He said the financial decision of the parliamentary Masood Haider told all of Iraq [where] “We discussed today in the appeals made by the Council of Ministers to the Federal Court on Read more…

Rising Dollar serve Iraq and activates the work of local and production sectors

Economic Adviser to the Prime Minister: Rising Dollar serve Iraq and activates the work of local and production sectors

3.30.2015 13:14

Long-Presse / Baghdad
Counting economic adviser to the Iraqi Council of Ministers, on Monday, that the rise in the dollar’s exchange rate against the dinar “serve” Iraq, through the creation of the phrase “positive” variables such as the provision of new jobs and stimulate different working local production sectors, indicating that the low price is a “support” to the importer foreign national account.
Said Abdul Hussein Al-Anbuge, said in an interview to the (long-Presse), “The foreign currency was wasted in Iraq at large, Read more…

Governor of the Central Bank on the Keywords in dialogue with the (long)

Governor of the Central Bank on the Keywords in dialogue with the (long)

29/03/2015 (21:01 pm)

Interviewed by Ghazanfar Laibi

Iraq  will be placed under the “black list” unless acknowledges Money Laundering Act
 the existence of Article 50 in the budget may expose Iraq’s assets abroad into custody
 We made an appeal on the materials that affect the independence of the Bank’s work

The first part

Governor of the Central Bank on the Keywords warned that Article 50 in the budget law has been Iraq’s assets and reserves abroad to risk booking, and while pointing out that capping sell the currency means that the government robbed the bank tool exercised through Read more…

Central Bank decides to meet the 8% tax rate and customs through banks

Central Bank decides to meet the 8% tax rate and customs through banks

28/03/2015 12:44

Long-Presse / Baghdad
Decided to CBI, on Saturday, to approve the meet 8% of the taxes and customs special rate Bakiem imports by private banks, while the Association of Iraqi banks suggested that this decision reflected positively on the Iraqi economy and the private sector.
The executive director of the Association of Iraqi banks Read more…

Parliamentary Finance: we can constitutionally adjusted budget law

Parliamentary Finance: we can constitutionally adjusted budget law

3/28/2015 1:18

Central challenged paragraph determine the dollar sales ceiling
BAGHDAD – Shaima Rashid
described the Parliamentary Finance Committee, was stabbed in parts of the private central bank of the General Budget Law as “unreasonable,” saying possess the constitutional right to transfers between the doors of the budget and reduced.
The central bank introduced an appeal to the Federal Court paragraph 50 of the budget bill for the current year 2015, which Read more…

Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

3.27.2015 14:57

Long-Presse / Baghdad
Iraqi citizens complained, on Friday, rising prices of materials and goods in the Iraqi market, and demanded that the Iraqi government with the support and follow-up and determine the prices of goods in the Iraqi market, confirmed that the instability of the dollar was behind the confusion of the Iraqi market.
A spokesman Mandalawi one working in the sale of hard currency Read more…

Parliamentary committee: Budget reason for the high dollar price in Iraq

Parliamentary committee: Budget reason for the high dollar price in Iraq

2:37: 03/26/2015

Khandan -ali Naji considered the parliamentary Economic Committee, said the reason for the high dollar price in Iraq, is a paragraph financial budget for 2015, identified the central bank sales of $ 75 million a day only, while the Committee emphasized the continuing rise in prices due to the absence of Read more…

2015 budget and biting the Iraqi dinar – the study of the causes and the consequences

2015 budget and biting the Iraqi dinar – the study of the causes and the consequences

March 25, 2015 11:34

D. Haider Hussain Al Tohme

Euphrates Center for Development and Strategic Studies

Iraqi dinar saw a sudden drop in price against the dollar than it was before the adoption of the state budget in January 29. He warned a number of experts and specialists in the financial and economic of the continuing decline of the Iraqi dinar exchange rate against the US dollar and its impact on the economic situation in the country’s affairs, calling on the central bank to take swift action and effective solutions for the sake of the stability of the dinar exchange Read more…

The government attributes the rise in the dollar to speculators and experts assert: Central wrong deal with the crisis

The government attributes the rise in the dollar to speculators and experts assert: Central wrong deal with the crisis

03/25/2015 twelve thirty-eight

Long-Presse / Baghdad
The Iraqi government confirmed on Wednesday, and the presence of stocks reserves of hard currency and not “fear” of the Iraqi currency deterioration against the US dollar, as showed that speculators raised a state of anxiety about the bank’s reserves, the Parliamentary Finance Committee to the eye that the weakness of the financial policy of the country and control of traders Market of the main reasons that led to the rise of the dollar against the dinar. Read more…

Parliamentary Finance: Rise of temporary dollar exchange rate and we have measures to curb it

Parliamentary Finance: Rise of temporary dollar exchange rate and we have measures to curb it

BAGHDAD – Iraq Press – March 25 / March 2015

According to a member of the parliamentary finance committee, Majida al-Tamimi, on Wednesday that there are other measures will be taken to address the rise in the dollar exchange rate, including inviting the governor of the central bank and private banks to develop plans limit the continued rise of the dollar, “a banner that “the rise of the dollar exchange rate is a temporary situation and does not constitute a real crisis.”

Tamimi added that “the central bank did not invest the previous Read more…

Parliamentary Finance: Officials trade with state funds through private banks

Parliamentary Finance: Officials trade with state funds through private banks

Wednesday – March 25 (March 2015)

Finance Committee in Parliament revealed the exploitation and trade of some officials and politicians with state funds through private banks, in what analysts called Economists enactment of laws to regulate the work of banks and improve the central bank measures to monitor the work of the banks illegal.
Rehab Aboudi, an MP for the coalition of state law, noted in a statement to “the world” with “the new instructions issued by the Central Bank on the private banks lagging, which is designed to Read more…

The tasks of the central bank of the jurisdiction of the tax and customs authorities

The tasks of the central bank of the jurisdiction of the tax and customs authorities

25/03/2015

Synchronization of the national effort to mobilize the country’s financial resources and human potential in the face of the organization of the Islamic State “Daash” with the worst economic hardship experienced by Iraq for many years. It was the direct cause of the economic crisis of falling oil prices, which provides about 90 percent of the Iraqi state treasury by more than 50 percent since last June. Thus, the oil revenues that finance the activities of the state and all military service and operational aspects have lost more than half its value in less than a year.

In the face of this situation the House of Representatives approved the budget amounted to $ 105 billion. This means Read more…

Ebadi calls for the central bank to control the Iraqi dinar exchange rate

Ebadi calls for the central bank to control the Iraqi dinar exchange rate

Posted, March 24 / March 2015 19:10

[Baghdad where]

The Prime Minister called Haider Abadi central bank to control the Iraqi dinar exchange rate against foreign currencies.

A statement by the Office of Abadi received by all of Iraq [where] a copy of the “al-Abadi, received in his office the Governor of the Central Bank on the Keywords and stressed Read more…

Central Bank imposes a program to determine the tax rates and customs of goods imported and private banks criticized

Central Bank imposes a program to determine the tax rates and customs of goods imported and private banks criticized

23/03/2015 17:44

Long-Presse / Baghdad
The Iraqi Association of private banks, on Monday, the central bank imposed a special program for tax guarantees and customs of goods, as shown that this measure came under the guidance of the Council of Ministers to determine the work of traders and keep them away from illegal transactions in foreign currency smuggling, the Agricultural Bank confirmed that work on this The program will Read more…

Abadi emphasizes the need to develop to control the Iraqi dinar exchange rate mechanisms

Abadi emphasizes the need to develop to control the Iraqi dinar exchange rate mechanisms

Monday, 23 March 2015 18:48

Alsumaria News / Baghdad
Stressed Prime Minister Haider al-Abadi , on Monday, the need to develop to control the Iraqi dinar exchange rate mechanisms, while stressing the importance of a well-developed banking system in Iraq comparable to developed countries.

Ebadi said office said in a statement Alsumaria News received a copy of it, that the Prime Minister “, received in his office today, Governor of the Central Bank on the Keywords,” noting that “During the Read more…

Special / 27 trillion dinars distributed salaries to employees and the state treasury empty

Special / 27 trillion dinars distributed salaries to employees and the state treasury empty

Baghdad-Iraq-Presse -22 March / March 2015

Parliamentary Finance Committee revealed, on Sunday, for the disposal of large amounts of money for the salaries of employees in government institutions month without interference to the state treasury.

Said committee member capable of Omar’s / Iraq Press / “The state treasury completely free because of all the oil revenues are distributed by about direct salaried state employees,” stressing the need “for the government to borrow from domestic and foreign Read more…

“Parliamentary Finance” calls to borrow from domestic and foreign banks to remedy the budget deficit

“Parliamentary Finance” calls to borrow from domestic and foreign banks to remedy the budget deficit

Posted, MARCH 22ST, 2015

27 trillion dinars in Iraqi markets .. and Treasury-free circular
BAGHDAD – promised Shammari:
the Finance Committee in the House of Representatives revealed, on Saturday, about the size of the national money in the Iraqi market, confirming that it was up to 27 trillion dinars, but said at the same time that the Treasury devoid of these amounts, and Read more…