Posts Tagged ‘Central Bank of Iraq’

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

03.22.2015 15:14

{Baghdad: Euphrates News} stressed economic advisor to the prime minister, the appearance of Mohammed Saleh, said that “Iraq needs a law to secure and protect deposits and depositors in banks; to be able to fortify the stability of the Iraqi economy.”
Said Saleh told {Euphrates News} that “a large group of depositors reluctant to deposit their money because of the collapse of a large group of banks or entry under the trusteeship, which calls for the Read more…

Interactions currency auction

Interactions currency auction

3/22/2015 0:00

Yasser incumbent
accounted for the Iraqi Central Bank’s decision due to adjustments in the currency auction system of interest involved and interested Overall, monetary and financial, in particular, economic affairs and caused controversy among bankers and banking led to the lifting of the exchange rate as a result of Read more…

North Bank: liquidity crisis “General” caused “Daash” and the budget

North Bank: liquidity crisis “General” caused “Daash” and the budget

22/03/2015 (00:01 pm)

BAGHDAD / long-Presse

North Bank management confirmed that the liquidity crunch general crisis in public banks do not belong to his bank alone, and as revealed it had debts of the Ministry of Education in the amount of 100 billion dinars not yet received, drew to find some contractors to pay what discharged from loans.
He said the north bank manager Munther student in an interview to the (long-Presse), that “the liquidity crisis experienced by the public banks do not belong to his bank alone.”
He demanded, that Read more…

Parliamentary Finance: Dollar rises because speculators an issue temporary and will disappear

Parliamentary Finance: Dollar rises because speculators an issue temporary and will disappear

03/21/2015 19:24

Tomorrow Press / Baghdad: Parliamentary Finance Committee confirmed on Saturday that the current Iraqi central bank sales of the currency, the US dollar is enough to market needs, attributed the reason for the high dollar exchange rate against the dinar to the speculation.
Said committee member Majda al-Tamimi’s “Tomorrow Press”, he was “in accordance with Article 50 of the Budget Law for 2015, which identified the central bank sales of $ 75 million instead of Read more…

Parliamentary Finance: Citizens have lost confidence in civil and governmental banks for several reasons

Parliamentary Finance: Citizens have lost confidence in civil and governmental banks for several reasons

BAGHDAD – Iraq Press – March 20 / March 2015

Parliamentary Finance Committee indicated, that “some citizens today have become reluctant to deposit their money in banks, whether civil them or government due to lack of confidence in them, because of a past event or happening right now in a number of banks, which affected the the reputation of other banks, “afterthought, saying only that” Read more…

Central: we will ensure troubled banks .. and we have new measures to boost liquidity

Central: we will ensure troubled banks .. and we have new measures to boost liquidity

03/19/2015 (00:01 pm)

BAGHDAD / Wael grace

Reduce the Iraqi Central Bank of dealers concerns with private banks and concerns of non-payment of “deposits” owed by those banks, after news leaks about the reluctance of some private banks to give deposits to customers, while the “central” said he can ensure that money through the “reserve legal “available at each bank.
Central and revealed Iraqi series of actions may enhance liquidity, Read more…

Government decides to provide liquidity to domestic banks and private sector support

Government decides to provide liquidity to domestic banks and private sector support

19-03-2015 11:57 AM

Discussed by the Committee on Economic Affairs, headed by Deputy Prime Minister Ruz Nuri Shaways, on Thursday, the eligibility of private banks to support and market-oriented economy and contribute to the process of increasing the gross domestic product ratio of aggregate through the support of the private sector.
According to a statement of the Commission received (news) copy of it today, that ‘ The Committee discussed in its eighth eligibility Read more…

Government: banks are obliged to pay the full amount requested by the applicant

Government: banks are obliged to pay the full amount requested by the applicant

17/03/2015

BAGHDAD / JD / .. The prime minister for economic affairs adviser to the appearance of Mohammed Saleh, said that slough some banks from paying the full amount requested by the applicant under the pretext of lack of financial liquidity is contrary to the laws and requires the intervention of the Central Bank of Iraq.
Said Saleh told / BD /: “The control and banking subsidiaries CBI Read more…

Consultant Abadi: high price of the dollar behind beneficiaries took advantage of Article 50 of the Budget

Consultant Abadi: high price of the dollar behind beneficiaries took advantage of Article 50 of the Budget

17/03/2015

BAGHDAD / JD / .. attributed the Prime Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh rise that occurred on the dollar against the Iraqi dinar to the names “with users” took advantage of Article 50 of the General Budget Law.
Said Saleh told / BD /: “The central bank sales of dollars up to $ 75 million instead of $ 300 million a day in accordance with Article 50 of the Budget Law, and Read more…

Parliamentary Finance: the continued rise in the dollar’s exchange rate against the dinar worries

Parliamentary Finance: the continued rise in the dollar’s exchange rate against the dinar worries

Monday 16 March 2015

Qurtas News / Baghdad
Parliamentary Finance Committee on Monday expressed, concern about the continuing rise in the dollar’s exchange rate against the dinar, while the central bank demanded to contain the market.

Said committee member Majda al-Tamimi’s “Qurtas News” that “the recent mechanisms adopted by the Central Bank of Iraq, as well as witnessed by Iraq, economic and financial security situation is Read more…

IMF urges Iraq to impose internal taxes to cover the budget deficit

IMF urges Iraq to impose internal taxes to cover the budget deficit

SUNDAY, MARCH 15 / MARCH 2015 14:22

Twilight News / International Monetary Fund urged the Iraqi government to impose internal taxes to fill to cover the deficit in the country’s financial budget for the current year instead of relying on funding from the banks and the Central Bank of Iraq.

A statement of the Iraqi Ministry of Finance reported for “Twilight News”, the meeting was held between Iraq and the International Monetary Fund within Read more…

The International Monetary Fund provides recommendations for Iraq on the restructuring

The International Monetary Fund provides recommendations for Iraq on the restructuring of state-owned companies

15/03/2015 13:43 GMT

Follow-up – and babysit – Representatives of the International Monetary Fund, during a meeting of the periodic consultations with the Iraqi side in Amman, recommendations on the restructuring of state-owned enterprises, the reform of the energy sector.
According to a statement of the Ministry, on Sunday, in a statement received news agency public opinion (and babysit), a copy of the “Zebari participated in the periodic consultations between Iraq and the International Monetary Fund, which Read more…

Parliamentary Finance: coming days will witness a decline in the dollar exchange rate

Parliamentary Finance: coming days will witness a decline in the dollar exchange rate

Saturday, March 14, 2015 11:07

BAGHDAD / Baghdadi News / … attributed member of the Finance Committee parliamentary deputy Masood Haider, Saturday, stronger US dollar against the Iraqi dinar to the steps taken by the Central Bank of Iraq to stop money laundering and smuggling of foreign currency.
Haider said to the reporter / Baghdadi News / “The steps and decisions taken by the Central Bank of Iraq to stop Read more…

Iraqi Business Council: new mechanisms of the Central Bank will create a banking market in Iraq

Iraqi Business Council: new mechanisms of the Central Bank will create a banking market in Iraq

Editor Ali Jasim – Friday, 13 March 2015 17:02

Alsumaria News / Baghdad,
said the Iraqi National Business Council, on Friday, new mechanisms central bank capable of creating a banking market in Iraq enjoyed an economic activity that is supported, indicating that the banks will work tax pricing and levied in accordance with the detailed tables furnished by the Customs and Excise. The Business Council, in a statement received Sumerian News copy of it, “the new Iraqi Central Bank Read more…

Najib: rising value of the dollar against the dinar goes back to the government crackdown

Najib: rising value of the dollar against the dinar goes back to the government crackdown and the new policy of the Central Bank

13/03/2015 11:33

Direction Press / Private

Attributed by the Parliamentary Finance Committee on Friday reasons for the high value of the dollar against the dinar during the current period to the government crackdown and the policy of the central bank and the new adopted to reduce the sales of the dollar in the auction of foreign currency.

Najib During an interview with “The trend Press,” said that the requirement for the federal government to the Rafidain and Rasheed not to sell Read more…

CBI directed banks to work the new tariff

CBI directed banks to work the new tariff

Posted, 13-03-2015 09:42 PM

BAGHDAD / news / Samer Mohammed
select the Iraqi Central Bank, on Thursday, rates of customs secretariats established in the tariff law at the level of each article in order to avoid the integration of some high levels with the low.
A statement of the bank, received (news) copy of it, that ‘the central Read more…

Central Bank announces determining the customs tariff law of trusts prescribed rates

Central Bank announces determining the customs tariff law of trusts prescribed rates on the level of each substance

Thursday, 12 March / March 2015 17:16

[Baghdad – where]
a central bank, on Thursday, an urgent meeting with specialists in the General Administration of Customs and taxes on calculating customs trusts established in the tariff law attributed to him, as was determined ratios at the level of each article in order to avoid Read more…

Mohammed Saleh: the banking system in Iraq and the problems need to be amended

The appearance of Mohammed Saleh: the banking system in Iraq and the problems need to be amended

Wednesday, March 11 / March 2015 08:10

[Baghdad where]

Said Advisor to the Prime Minister for Economic Affairs, the appearance of Mohammed Saleh, said that the banking system in Iraq needs to be adjusted and new legislation to him.

Said Saleh told all of Iraq [where], that “the failure of the banking system, problems and suspicions of corruption and needs to be Read more…

Governor of the Central Bank confirms the existence of a large smuggling Iraqi funds

Governor of the Central Bank confirms the existence of a large smuggling Iraqi funds

11-03-2015 10:01 AM

BAGHDAD / news / Samer Mahhmed
governor acknowledged the Iraqi Central Bank on the Keywords, the existence of smuggling hard currency abroad, did not hide his doubts on the involvement of civil banks already submitted forged documents to buy dollars from the auction of the Central Bank.
It was announced in a press conference, I followed (news) Yesterday, An’alchroa to adopt new mechanisms different from Read more…

Governor of the Central Bank of Iraq: Some banks will amend laws

Governor of the Central Bank of Iraq: Some banks will amend laws

MAR 10, 2015

BAGHDAD supporter Alpartya- Anatolia
The governor of the Central Bank of Iraq, the relationship, that his country is developing a strategy for the next five-year plan includes the modification of some competent job banks and create some institutions laws. Read more…