Posts Tagged ‘Iraqi Dinar’

Finance Committee suggest approving the budget end of the month

Finance Committee suggest approving the budget end of the month

Published on Thursday 0.01  / January 2015 18:31

Written by: Sheikh Salem
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – the parliamentary finance committee, said that the federal budget for the project would be ready to vote by the end of this month, indicating that the Ministry of Education blocked grades will be reviewed by the Committee at a meeting next Sunday .

The committee member said Haider al-Kaabi’s (IMN) , “The Finance Committee will hold an important meeting Read more…

Statistical’s [where]: the central bank sold more than $ 49 billion through 2014

Statistical’s [where]: the central bank sold more than $ 49 billion through 2014

Thursday 0.01  / January 2015 12:18

[Baghdad-where]

Central bank sales during 2014 amounted to more than $ 49 billion and the bulk of them Khawwalat.

Bank sales of the dollar reached in December last more than $ 3.8 billion, a decline from sales in November the previous month.

The bank sales for the month of November 4 billion and 573 million and 190 thousand dollars.

According to statistics conducted by the agency all of Iraq [where] for such Read more…

Integrity 4600 reveal an imaginary project during the reign of al-Maliki

Integrity 4600 reveal an imaginary project during the reign of al-Maliki

01-01-2015 07:07 PM

Revealed to the Parliamentary Integrity Commission about the presence of 4,600 placebo project in the era of the former Prime Minister, Nouri al-Maliki, has not been implemented, noting that it will achieve in these projects and provide those involved to justice to hold them accountable, while the Economic Commission representative, showed that the number of completed projects in the provinces of the year 2014 very few compared to the money received, indicating the presence of fake projects.
A member of the Parliamentary Integrity Commission, Ribawar Taha, in a press statement, seen by the (news) today, said that: ‘There are about 4,600 Read more…

Iraqi Dinar Guru opinions 12-31-14

Iraqi Dinar Guru opinions 12-31-14

12-31-2014 Newshound/Intel Guru Tlar What is deleting the zeros? The CBI themselves under Shabibi stated the zeros would be deleted off the nominal value giving purchasing power to the currency. The finance committee stated the “leading zeros” would be deleted. We only find leading zeros on the exchange rate, not the currency itself. In 2010 Shabibi presented to parliament laws he wanted passed which would penalize any street vendor who knowingly takes advantage of a customer on the first day. These laws are only meaningful if the currency value changes quickly… Read more…

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

December 31, 2014 14:52

(Independent) … sent IMF mission held discussions with Mr. Hoshyar Zebari, Minister of Finance of Iraq and Mr. Zuhair Ali Akbar, deputy governor of the Central Bank of Iraq and a number of officials in the finance and planning ministries and the central bank to assess the latest economic developments in the country and discussions focused on the impact of the double trauma of Daash regulation and lower oil prices attacks at the end of the visit, Mr. Sdralvić issued the following statement:

IMF experts noted that it is expected that GDP in Iraq Read more…

Disclosure of the opening of the first Daash its own bank in Iraq

Disclosure of the opening of the first Daash its own bank in Iraq

31-12-2014 02:16 PM

Revealed an Iraqi local sources in the city of Mosul – 400 km north of Baghdad – on Wednesday, that the organization of the Islamic state ‘Daash’ will open today the first private bank do to replace the money and deposited, shown in Sahfahon bank statements located at the right side of the city and that he dubbed ‘ Islamic bank ‘.
According to the sources, the organization directed towards banks came to Read more…

Iraqi Dinar Guru opinions 12-30-14

Iraqi Dinar Guru opinions 12-30-14

12-30-2014 Newshound Guru Millionday Article quote: “…postponed the Finance Committee in the House of Representatives, who was scheduled to hold its meeting on Monday, to study the general budget to next Saturday.” WHAT WE HAVE HERE IS THE BUDGET GOING TO PARLIAMENT ON SATURDAY — THEY HAVE REPORTED IT WILL BE A ONE DAY EVENT IN A PAST REPORT — STUDY AND VOTE ALL IN ONE DAY. THE CITIZENS KNOW THE NEW BUDGET IS COMING AND WANT TO KNOW WHAT IS GOING TO HAPPEN. Read more…

Economic parliamentary: more than 40 trillion of cash in the Iraqi market

Economic parliamentary: more than 40 trillion of cash in the Iraqi market

Date: 30/12/2014 18:33

Information / special / ..
Committee announced its economy and investment representative, on Tuesday, the existence of more than 40 trillion dinars liquidity in the Iraqi market as well as more than half of the amount of reserves with the Central Bank of Iraq.
She said committee member and fulfillment in a fight, told / information / A ” There are a lot of liquidity Read more…

Finance Minister: Budget 2015 is sufficient to meet the obligations

Finance Minister: Budget 2015 is sufficient to meet the obligations

12/30/2014 15:42 GMT

Follow-up – and babysit – Finance Minister Hoshyar Zebari, said that the 2015 budget is sufficient to meet the obligations of Iraq over the next year. The government has prepared a draft budget worth 123 trillion Iraqi dinars ($ 103 billion) last week and sent to Parliament for discussion.
Zebari acknowledged the criticism leveled against the draft budget, but said he was confident of Iraq’s ability to cover its Read more…

Iraqi Dinar Guru opinions 12-29-14

Iraqi Dinar Guru opinions 12-29-14

12-29-2014 Newshound Guru Millionday ANNOUNCEMENT BY THE GOV OF CBI — THEY ARE ALL READY FOR THE 2015 BUDGET… THE IRAQI ECONOMY AND ALL OF THE CHANGES ARE HUGE AND HAVE TAKEN YEARS. CBI CONTROLS THE ADVANCEMENT OF THE EXCHANGE RATES — THEY ARE INDEPENDENT BUT THEY ALSO NEED THE LAW UPHELD AND TO WORK WITH THE GOVERNMENT IN THIS. THE BEST PART IS THEY ARE READY FOR THE BUDGET… THEY DO NOT HAVE IN INK IN THE PAPER THAT THE BUDGET HAS BEEN VOTED THROUGH TODAY…BUT, THEY ALSO HAVE PRINTED THE BUDGET AND ALSO SENT IT TO THE IMF WHO HAS MADE COMMENTS ON THE BUDGET OF 2015 FOR IRAQ…THEY ARE SAYING THEY ARE EXPECTING IT SOON (BUDGET). Read more…

Economic reason to support the Iraqi dinar and remove him from the effects of the budget deficit

Economic reason to support the Iraqi dinar and remove him from the effects of the budget deficit

29/12/2014 01:35

BAGHDAD / Source News / .. called economist Rashid al-Hilali, on Monday, the government and the Parliament to support the Iraqi dinar and remove him from the effects of the budget deficit.
He told al-Hilali / Source News / “The Iraqi dinar may be affected by emotion budget by economic reports and this requires the government and the parliament backing to face any possible decline.”
“The middle class and poor are only to be affected by the decline of the Iraqi dinar. They have to put the mechanics of Read more…

“Parliamentary Finance” is contrary to the 2015 budget austerity and seek to shrink

“Parliamentary Finance” is contrary to the 2015 budget austerity and seek to shrink

Posted 29/12/2014 08:15 AM

Parliamentary Finance Committee revealed its intention to reduce the general budget for the year 2015, hosting ministers next week to review the disbursements each ministry separately, the House of Representatives declared reduce staff and ministers’ salaries by between 10 to 50%.

The committee member said Jabbar Abdul Khaliq Sharif, “The parliamentary Read more…

Parliamentary Finance postpone the meeting devoted to the study of the budget to next Saturday

Parliamentary Finance postpone the meeting devoted to the study of the budget to next Saturday

Monday, December 29 1 / December 2014 11:47

[Baghdad-where]

Announced the parliamentary finance committee member Jabbar al-Abadi, the committee decided to postpone the meeting, which was scheduled to be held today to study the general budget to next Saturday.

He said al-Abadi told all of Iraq [where], that “the postponement of the meeting was due to the Read more…

Zebari: 2015 budget is the closest economic reality in the country

Zebari: 2015 budget is the closest economic reality in the country

Monday, December 29 1 / December 2014 16:44

[Baghdad-where]

Description Finance Minister Hoshyar Zebari, on Monday, the financial budget for 2015 with “realism,” adding that “the government will provide 2014 budget expenditures, and aspects of exchange in the first half of next year.”

Zebari said at a news conference ministry building in Baghdad today that “the government and the ministry has fulfilled its obligations and commitments to Read more…

Iraqi Dinar guru opinions 12-28-14

Iraqi Dinar guru opinions 12-28-14

12-28-2014 Newshound Guru Enorrste I do not believe that the CBI has to get into Article VIII PRIOR to floating its currency. On the contrary, by floating its currency PRIOR to entry into Article VIII, it will ENSURE that the street rate and the official rate (now floating, in this scenario) are identical (i.e., less than 2% apart). This makes entry into Article VIII a slam dunk. If, on the other hand, the IMF were to “allow” them to enter Article VIII after 90 days of less than 2% variance, there would still be a risk of failure (back to a greater variance), whereas that risk is eliminated if the float precedes entry to Article VIII. I suspect that the IMF has already informed the CBI that it wants it to move to a new exchange rate regime first. Oh, wait, they already DID THAT, didn’t they? Read more…

Shammari: the vote on the 2015 budget will be the fastest in the history of the adoption of the previous budgets

Shammari: the vote on the 2015 budget will be the fastest in the history of the adoption of the previous budgets

28/12/2014 15:46

{Baghdad: Euphrates News} favored national parliamentary coalition member Kadhim al-Shammari on Sunday, that the process of approving the budget in 2015 in the House of Representatives the fastest in the history of the adoption of the previous budgets.
Al-Shammari said told {Euphrates News} Today, that “everyone is eager to pass and approve the budget of 2015 in a timely manner,” noting that “the Read more…

Iraqi Dinar Guru opinions 12-27-14

Iraqi Dinar Guru opinions 12-27-14

12-27-2014 Newshound Guru Millionday TODAY THE BUDGET WAS PRINTED IN THE PARLIAMENT WEB SITE FOR THEIR PUBLIC TO SEE…IT IS PRINTED AND IT IS CALLED LAW — SEEMS AS IT COULD NOT BE CALLED LAW IF IT WERE NOT VOTED THROUGH AND THE PICTURE OF THE BUDGET MEETING SHOWS HANDS IN THE AIR SO WE SHALL SEE. [about that budget arent those pretty large numbers…sending the kurds over a trillion a month?] ALL NUMBERS ARE LARGE AT THIS POINT SO I AM NOT WORRIED AT ALL ABOUT THAT BECAUSE IF THEY CHANGE IT WILL BE DONE ALL THROUGH DATA ENTRY. IT BEGINS IN 2015 WHICH IS COMING SOON. Read more…

Kurdistan: 2015 budget will be approved immediately after the second reading and will not hinder

Kurdistan: 2015 budget will be approved immediately after the second reading and will not hinder

Published on Saturday, 27 December / 1 December 2014 17:39

Written by: Mohammed Saleem
BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) – MP for the Kurdistan Alliance said, Shirin satisfaction, that the 2015 budget will be approved immediately after the second reading and will not hinder.

She’s ( IMN ) that “the second reading of the draft budget for 2015 will be in the next session of the House of Representatives, which will not drag on more than one Read more…

2015 budget contains the Supreme Council for the reconstruction and reconstruction of the affected areas Fund

Prime Minister Counselor for Economic Affairs: 2015 budget contains the Supreme Council for the reconstruction and reconstruction of the affected areas Fund

Saturday, December 27, 2014 13:22

BAGHDAD / Baghdadi News / … the appearance of Mohammed Saleh said Prime Minister Haider al-Abadi economic affairs adviser, on Saturday, for approving the deal with the waste budget.
Saleh said in an interview / Baghdadi News / “The 2015 budget is a budget deal with the waste, not austerity budget as he called the other.”
And Saleh, said that “the budget in 2015 contained the Supreme Council for Read more…

Iraqi Dinar Guru opinions 12-26-14

Iraqi Dinar Guru opinions 12-26-14

12-26-2014 Newshound Guru Millionday …NOW THIS IS SOMETHING WE HAVE NOT SEEN….Said in a parliamentary finance committee member, said that “the rest of the oil-producing provinces dues amounts of petro-dollar exchange rate will be after the approval of the federal budget for 2015”. NOTE — THE AMOUNT OF THE EXCHANGE RATE WILL BE AFTER THE BUDGET SO OBVIOUSLY IT HAS TO DO WITH BUDGET FOR THIS YEAR. Read more…