Posts Tagged ‘Development Fund Iraq’

Abadi: billions of dollars withdrawn the previous government does not know its fate

Abadi: billions of dollars withdrawn the previous government does not know its fate

Saturday, September 27th, 2014 18:34

Baghdad / follow Baghdadi News / .. Abadi said during a meeting held by the members of the three presidencies at the invitation of President of the Republic at the Peace Palace in Baghdad, said the previous government withdrew billions of dollars from the fund, which kept the oil revenue was unaccounted for after, according to a source close to him.
The source added that al-Abbadi accused implicitly “his predecessor, former Prime Minister Nuri al-Maliki to withdraw billions of dollars from the Development Fund for Iraq” EDF Aye. “And Abadi said Read more…

Parliamentary committee to raise the alarm: State Fund in three billion Dollars

Parliamentary committee to raise the alarm: State Fund in three billion Dollars

Posted 21/09/2014 01:11 PM

He said members of the parliamentary finance committee that the government admitted to them that the fund, which kept the oil revenue is not where currently only three billion dollars, while the Council of Ministers says he has a six billion dollars last month.

Usually found in the Development Fund for Iraq “EDF Aye” about 10 billion dollars to ensure salary payments and government expenditures, and critics say the government’s policies that it took advantage of the absence of law for the budget and involved spending more than the normal limit, amid ambiguity about the expenses of war and emergency conditions, and warnings of bankruptcy Fund returns Read more…

Urgent: Maliki carried out the biggest scandal of the bankruptcy of Iraq funds

Urgent: Maliki carried out the biggest scandal of the bankruptcy of Iraq funds

Posted 09/09/2014 02:20 PM

Revealed a change from its own sources, that Iraq is facing the biggest scandal in modern history, by the policies of the previous government of Maliki.

And learned the change, that the treasury of the country in the Development Fund for Iraq, my father AFP Aye, Pat where only five billion dollars, after the oldest Maliki withdrawn, from without the knowledge of Read more…

Commissions from the sale of private banks .. dollar budget equivalent to a neighboring state

Commissions from the sale of private banks .. dollar budget equivalent to a neighboring state

06/10/2014 (00:01 pm)

 Baghdad / Ibrahim Ibrahim

Varied views of MPs and economists about the commission large obtained by private banks through the central bank auction day to sell the dollar, where some criticized the policy of the bank and the method of preference for some private banks and not others, spoke with another on the need to assign these banks to move the investment process in the country. A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri in an interview for the “long” that “currency auction was established at the time of the former regime to control the significant decline of the dinar against the Read more…

U.S. to lift the immunity from Iraqi funds .. Reality and Challenges

U.S. to lift the immunity from Iraqi funds .. Reality and Challenges

04/06/2014 1:08

Author: d. Appearance of Mohammed Saleh

The White House announced the U.S. in 29 Maes 2014 decision of U.S. President Barack Obama to lift the legal immunity granted to the Development Fund for Iraq’s oil revenues, and petroleum products, and financial assets and other property held by the Central Bank of Iraq Read more…

Politicians: lift the immunity of the U.S. is a positive step liberation from the constraints of Iraqi funds

Politicians: lift the immunity of the U.S. is a positive step liberation from the constraints of Iraqi funds

2/6/2014 0:00

They called for the formation of committees to keep them
BAGHDAD – morning
, members of the House of Representatives optimism toward the U.S. decision on the lifting of the immunity of Iraqi funds, and calling him a positive step.
was the United States’ commitment to the protection of Iraq’s money and his assets have been proven in the partnership agreement of strategic signed between Iraq and the United States year 2008. was also renew protection the American money for Read more…

No real concerns on Iraqi funds after the lifting of U.S. protection

No real concerns on Iraqi funds after the lifting of U.S. protection

1/6/2014 0:00

Experts and specialists claim to take precautionary measures to face any emergency
BAGHDAD – Farah pumice
after the U.S. decision to lift protection for Iraqi money end of last week, were mixed views with regard of specialists and experts in this regard, including indicates the presence of concern are not significant for some people, and the face of the international community and non- Fear of international piracy with others.
, but that most of the opinions confirmed the absence of real fears big on Iraq’s money abroad, especially that most of them fortified internationally according to the laws, however, came calls for the creation of a team of specialists and legal advisers of international to Read more…

Raise funds for American protection Iraq raises fears of potential creditors

Raise funds for American protection Iraq raises fears of potential creditors

05/29/2014 (00:01 pm)

BAGHDAD / Ghazanfar Laibi

The decision by the United States for the decision not to renew the protection of Iraqi funds fears observers of Iraqi oil revenues, the risk that the fund deposited in the DFI creditors to pursue the unknown.
In spite of the recognition of Iraq’s possession of observers “defensive force” made up of financial and legal experts to protect Iraqi assets, Iraqi authorities demanded the Read more…

Urgent .. Obama issued a decision to lift the immunity of Iraqi funds in the Development Fund for Iraq

Urgent .. Obama issued a decision to lift the immunity of Iraqi funds in the Development Fund for Iraq

Wednesday, May 28 / May 2014 13:13

[Follow-up – where]

Lifting of U.S. President Barack Obama immunity for the Development Fund for Iraq, imposed by UN Security Council Resolution 1483 to protect Iraqi funds from international claims after the fall of the former regime in 2003.

He attributed Obama’s decision issued, on Tuesday, to “change the conditions that necessitated protection mode on oil revenues of Iraq,” noting that “the changing circumstances in Iraq, Read more…

Government: No risk to the Iraqi funds and was about to lift the immunity agreement with Washington

Government: No risk to the Iraqi funds and was about to lift the immunity agreement with Washington

Wednesday, May 28 / May 2014 15:10

[Baghdad – where]

The Iraqi government announced that the decision to lift the immunity of the U.S. administration of Iraqi funds in the Development Fund for Iraq as part of the agreement between the two sides.

U.S. President Barack Obama announced on Tuesday lifted the immunity of the Development Fund for Iraq, imposed by UN Security Council Resolution 1483 to protect Iraqi funds from international claims after the Read more…

Iraq declares not to renew its call for the United States of America to “protect its assets” amid fears for their lack of

Iraq declares not to renew its call for the United States of America to “protect its assets” amid fears for their lack of

5/14/2014 six past five p.m.

Long-Presse / Baghdad
The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations, while the central bank that it fulfilled its obligations to the vast majority of the creditors, and the rest of them “do not constitute a source of concern,” objected to the parliamentary finance committee, and carried it to the government and the central bank responsible for “any loss Read more…

Finance: new proposals to address Iraq’s debt

Finance: new proposals to address Iraq’s debt

5/13/2014 0:00

9 days to raise U.S. protection for the money .. and the government hedge
Baghdad – the joy of pumice
is still Iraq’s debts inherited from the misguided policies of the regime dictatorial, a burden on successive governments since 2003, and until now, but the efforts of those in charge of running this file may bear fruit in the form of stages over the coming years, especially as the government is preparing to face the new challenge is to lift protection for Iraqi funds abroad after 9 days only, so put mechanisms in Read more…

WILL CASH FROM KURDISH OIL BE DEPOSITED IN TURKEY?

WILL CASH FROM KURDISH OIL BE DEPOSITED IN TURKEY?

Posted, 03 May 2014

The Kurdish Regional Government announced that it will sell the oil stored in Turkey without Baghdad’s approval increased the chances of the revenue being deposited at a Turkish bank, instead of JP Morgan in New York
The announcement by the Kurdish Regional Government (KRG) Prime Minister Nechirvan Barzani on Sunday to go ahead with the selling of 1.5 million barrels of oil stored in the Turkish port of Ceylan — without the consent of central government in Baghdad — could mean that Read more…

Settlement Agreement with the United States to ensure the protection of the money after the lifting of immunity

Finance Committee, rest assured: Settlement Agreement with the United States to ensure the protection of the money after the lifting of immunity

21/04/2014

BAGHDAD / JD / .. reassured the parliamentary Finance Committee wary of raising U.S. protection for Iraqi funds deposited in the Development Fund for Iraq, while confirming that there is a settlement agreement approved by Parliament in 2011 to ensure the protection of those funds after the lifting of immunity. Read more…

Central asserts its independence from the government and stresses that the law does not allow lends to bridge the budget deficit

Central asserts its independence from the government and stresses that the law does not allow lends to bridge the budget deficit

04.19.2014 (0:01 pm)

BAGHDAD / Acer Jabbar

Iraqi Central Bank announced that the government “will not impose its policies upon because of its law,” and that the law gives him “full autonomy are not allowed to lend because of the delay in adoption of the general budget, stressing that Iraq’s stockpiles reserve of money” out of the financial power of the government. “Said the bank’s management Read more…

Economist: Iraq has taken measures sufficient to protect his assets abroad

Economist: Iraq has taken measures sufficient to protect his assets abroad

04/07/2014 12:13

Baghdad – and babysit – the economic expert Majid picture, that Iraq has taken measures during the past two years is enough to protect Iraqi funds for the claim is legitimate in general.
And said the picture told (public opinion): “that the claims of the public and private sector have been fully resolved, and there are some claims simple, even sector U.S. private has been settled after payment of 400 million dinars, which is in the process of resolving Read more…

War: No threat of Iraqi funds in the United States and abroad, and will be managed in Iraq next month

War: No threat of Iraqi funds in the United States and abroad, and will be managed in Iraq next month

Posted, April 3 / April 2014 20:20

[Baghdad where]

Said legal expert Tareq Harb said there was no threat of Iraqi funds in the United States or abroad, and will be the Iraqi Central Bank to control the money next month without the mediation of the Development Fund for Iraq [DFI] or FEDs. ”

He said the war in a statement received by all of Iraq [where] a copy of it today: “Commenting on what reported by some media of the existence of a threat of Iraqi funds after May 22, 2014, the expiration of the entry into Read more…

After months of lifting the seventh item .. the central bank is preparing to take over Iraq’s assets in America

After months of lifting the seventh item .. the central bank is preparing to take over Iraq’s assets in America

Posted, 4-1-2014 11:47

Alsumaria News / Baghdad
after the passage of months out of Iraq from Chapter VII, is preparing the central bank eventually to raise U.S. protection imposed on the Iraqi funds deposited in the United States, step has been welcomed and raised fears at the same time about the possibility of achieving a quantum leap in the process of construction or damage the money of the Iraqi Read more…

A former official at the Central Bank: Money Box main Astnzvth expenses

A former official at the Central Bank: Money Box main Astnzvth expenses

26.03.2014 (0:01 pm)

 Baghdad / Wael grace

Said senior economist and deputy governor of the Central Bank of the previous appearance of Mohammed Saleh, said the money fund Iraq’s main it contains usually at about 18 billion dollars is enough necessary expenses and guaranteed for six months, while the decline in the amount currently, due to increased expenses, to a third, and spread concern among circles concerned, at the time you say informed sources Read more…

Baghdad and Erbil agree on the marketing of oil across the region, “Sumo”

Baghdad and Erbil agree on the marketing of oil across the region, “Sumo”

02.22.2014 (0:01 pm)

BAGHDAD / long-Presse

Counting the Deputy Prime Minister for Energy Affairs, that the approval of the Kurdistan region to export crude oil through a pipeline state president of the Export and under the supervision of a marketing company National Oil (SOMO), constitutes “an important step” forward, noting that representatives of the federal government and Kurdish “did not agree” on the method of deposit Imports of oil export of Kurdistan, while the detection of Read more…