Mahma Khalil: the federal government to have the desire to control the work of the central bank .. This is contrary to the Constitution
23-05-2013 02:24 PM
Baghdad (news) .. Rapporteur of the Commission stressed the economy and investment MP / coalition of Kurdish blocs / Khalil Mahma, that ongoing interventions by the federal government after the central bank action on the exchange rate of the Iraqi dinar against the U.S. dollar.
Khalil said (of the Agency news): that the federal government has the desire to encroachment on the work of the central bank, although he is an independent body responsible located in front of the House of Representatives, but the government is trying to monopolize control of all independent bodies in the country.
He added: ongoing interventions by the government on monetary policy and dramatically effect on the exchange rate of the Iraqi dinar in the market, and these interventions is a clear violation of the constitution which stipulates that the central bank financial institution independent of the executive branch.
It is noteworthy that the Iraqi dinar exchange rate saw an unprecedented decline against the dollar, which made economists fear the continued decline and its impact on the national economy. / End / 8.'s. M /Source
Abdul-Mahdi (Facebook): of capital ستهرب and confidence of the world in ستهتز Dinars
Created on Thursday, 23 May 2013 09:31 | Print | E-mail
Baghdad / Orr News
Criticized Vice President Iraq resigned Adel Abdul-Mahdi, and strongly, Iraq's economic policy, calling it a failure. He warned that the economic playing بتوازنات nature will lead to a "tsunami, desertification and fluctuations do not understand."
Abdul-Mahdi is a prominent leader of the Supreme Council, led by Ammar al-Hakim, has served as finance minister in the government of Iyad Allawi, to become the then vice president before announcing his resignation because of political differences.
Commenting on the high volatility in the exchange rate of the Iraqi dinar against the U.S. dollar, which records since the beginning of last April, wrote Abdul-Mahdi on his profile on the social networking site "Facebook" to "overcrowding and the demand for the greenback (U.S. dollar) is increasing, the gap between supply and accommodate demand since the rate of 60 months - $ 70 million a day, has generated a black market exchange and two prices for a difference of 8 - 10%. "
For Abdul-Mahdi, "This is worrying us back to the policies of inflation and multiple exchange rates." "Our problem is that we have a strong dinars source of oil imports, but it belongs to the weak economy single item depends on the outside, not only import and tourism, but also for learning and medical care, immigration and residence, investment and speculative savings." He explained, "rather than to improve the performance of the economy to become strong, and strengthen our Terms of openness for the benefit of society and the national economy dry becomes the dinar center regionally and internationally increases its strength as well as the demand for it, ran forward and started to download the monetary policy successful overall consequences of economic policy failed in general. and we went to chase penny Fajsrna dinar, indictment and arrest people first to provide evidence and clues later. "
It seems that Abdul-Mahdi here refers to the dismissal of the Governor of the Central Bank of the former Iraqi Shabibi in October of last year and prosecuted against the backdrop of charges of corruption and waste of money, and the appointment of Abdul Basit Turki acting as his successor
Abdul-Mahdi said that "what has not changed concepts and procedures with changing regulations they Sttsadm, as is happening now." "When you give up on the official exchange rate for the benefit of supply and demand and restrict the conversion only exceptions (launched after the provision of related items), and when we seek to move to the economy Ahli and the market economy ... when you get these transformations and deprives the dinar strong satisfy the needs of the dollar, it will weaken economy. " He pointed out that it "will pay the capital to escape and prevent others from coming, and will reduce the world's confidence in dinars and weakens. Therefore, will not be found to the same stable locally and markets Foreign Affairs, and will increase the factors of dependency abroad and encourages inflation, corruption and fraud."
Abdul-Mahdi pointed out to many witnesses on what went "such as established companies in various capitals quickly and are willing to provide the willing" bills "carrying authentication embassies and companies, to facilitate the conversion for the purpose of import." He also stated "to obtain dollars through assembling passport to take advantage of the price difference, and not to travel a reality. Every additional بكلف economy will pay for it and the citizen."
Since the beginning of last April, entered the stage of the Iraqi dinar exchange rate fell against the dollar, culminating last week when it became one U.S. dollar equals 1,300 Iraqi dinars on the market, down from the rate recorded in March last year, about 1,200 dinars.
But the value of the Iraqi dinar has improved over the weekend against the dollar, in conjunction with the news of a proposal by the Finance Committee in the Iraqi Parliament provides for distribution of half the salaries of state employees in U.S. dollars.
He sells the CBI one dollar for private banks against the 1179 Iraqi dinars, to be sold is for the Iraqis to no more than 1189 dinars, ie, less than the market price by about 8%, which refers to Abdul-Mahdi, when he says "two prices for the exchange." Source
Central Bank confirms it continues to support the banking activity in accordance with the declared policy
23/05/2013 - 12:57
Editor: Ammar al-Ani
Alsumaria News / Baghdad
The Central Bank of Iraq, Thursday, continuing to support the banking activity and in accordance with its stated policy, as called for all relevant parties to avoid irresponsible statements that do not conform with the facts which it operates.
The bank said in a statement issued today, and received "Alsumaria News", a copy of "bank governor Agency Abdul Basit Turki Saeed held, today, a meeting with a number of managers of Commissioners and officials of private banks," noting that "the governor said during the meeting continued Bank in support of the banking activity according to its declared policy, and what qualifies these banks to perform its national and serious contribution in building the economy of Iraq. "
The bank said it "is the only reference in the administration and the announcement of monetary policy in Iraq," calling on all relevant parties to "avoid irresponsible statements that do not conform with the facts which it operates."
The bank continued it "will continue to announce in a transparent manner for all procedures declared its monetary policy to the public and stakeholders."
And established the Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions a day for the sale and purchase of foreign currencies with the exception of public holidays which Bank stops auction.Source
Trade: soon launch point Iraq's international trade related to 153 countries
23/05/2013 - 12:29 | Source:
Author: Ahmad Valley, pro-Tayeb
Alsumaria News / Baghdad
Confirmed the Department of Foreign Economic Relations and Trade Ministry, on Thursday, that the date for the launch of Trade Point Iraq's international soon became, after the completed circuit preparation of legislation and the development of the financial allocations and selection of staff, stressing that the establishment of International Trade Point in Iraq is making the advancement of economic reality of Iraq and linked to more than 153 countries.
The Director General of the Department, Hashim Mohammed Hatem, in a statement issued by the meeting of the circle, in the presence of representatives of Iraqi ministries and sector bodies, this morning, and received "Alsumaria News" a copy of "The launch of Trade Point Iraq's international is soon leaving only determine the headquarters of the point" , noting that "the department completed the preparation of legislation and legal mechanism of action and the development of the financial allocations and the provision of services and equipment and selection of staff and involve them in special training courses in the field of international commercial transactions and communications technology."
He added Hatem that "the establishment of a point international trade in Iraq is making substantial benefits to help the advancement of the economic reality of Iraq and its openness to global markets, through the presence of an integrated database conducts e-commerce in the field of product marketing and presentation of tenders and methods of buying and selling and the names of domestic and foreign companies and publishing trade legislation General shipping and insurance, banking and everything related to the internal and external trade. "
For her part, Director of the Trade Point Iraq's international in the Ministry of Commerce table Kazim, that "the point of international trade established by the Organization of UNCTAD known as the Conference on Development and Trade, the point spread over five forums in the world is Europe, America, Asia, Southeast Asia and Arab countries and is linked to this point more than 153 countries. "
Kazim added that "the Iraqi economy after the transformation from a centralized economy to a free market economy he must be a strong supporter of the private sector," noting that "the existence of the Trade Point will work on the development of this sector through increased intra-regional trade with the countries of the world."
Kazim confirmed that "the existence of this point will provide information support for businessmen and investors and open new markets for the private sector and activate the bonding between partners in the world through a central point of official business and facilitate the use of modern technologies."
Iraq has signed several memorandums of understanding with neighboring countries on the commercial level, some of which include the establishment of free trade zones on the border, while the Kurdistan authorities announced in September 2012 that Turkey is willing to establish a common area at the international border in the province of Dohuk.
Supreme Council: Hakim launches boost confidence and raise the political parties 12:51:23 / 05/2013 Khandan - Zia Caliph
Fired head of the Islamic Supreme Council Ammar al-Hakim's initiative to boost confidence and raise the political parties about the round table again, calling on all parties to overcome political differences and failure to raise the ceiling of demands and rely on dialogue to resolve the outstanding issues that hinder the achievement of peace and security in Iraq.
The leader of the Islamic Supreme Council MP Furat al-Shara said in a statement singled out the "Khandan" said Thursday: "Mr. Hakim and the door of his commitment to the future of Iraq and the political process re-launch initiative to boost confidence and raise the political parties about the round table and call for resolving the political crisis and to discuss security developments and demonstrations in the western provinces through constructive and serious dialogue, "he said, adding that Mr. Hakim" called overcome political differences and failure to raise the ceiling of demands and provide the country's interest to resolve the worsening crisis. "
He said al-Shara said: "Mr. Hakim wanted to Aistgl these days Taybat creams, which coincides with the anniversary of the birth of the Commander of the Faithful Ali ibn Abi Talib peace be upon him to start a serious dialogue and realistic between the various parties and Altnazaah to find a solution requires bringing peace and security in our dear country of Iraq."
With regard to the interaction of the rest of the political parties with a call to Mr. Hakim said al-Shara said: "A number of members of the Kurdistan Alliance and the Iraqi List and a coalition of state law and limbs other political interacted with the initiative and took يتدارسون details," likely that: "The discussion of the initiative extensively in the coming days among the powers political. "
Shara warned of "continuing political differences that caused disrupt the work of the House of Representatives and weighed heavily on the work of the government and its agencies at a critical time both internally and regionally."
The political crisis described Palmtfaqma the ravaging the country with increased incidence of civilian casualties and elements of the security services due to a series of attacks witnessed by most Iraqi cities.
Baghdad Municipality levies (7) billion dinars from the rents of its properties since the beginning of the year
23-05-2013 12:14 PM
Baghdad (news) .. Baghdad Municipality reported that its revenue from rent property and real estate for the first third of this year exceeded 7 billion dinars.
A statement by the Secretariat received the Agency (news) a copy of it: The revenue the Municipality of Baghdad for the first four months of this year amounted to seven billion, one hundred and thirty-eight million, which is the outcome of the process of collection of amounts rent property and real estate affiliate of shops, markets and garages and buildings, restaurants and places of entertainment, tourism and other .
He explained: that several factors helped to collect these amounts the most prominent of the evolution in the work department collection of the Department of Real Estate and the security and stability in the capital Baghdad, in addition to having a lot of competition between wishing to lease some property to their importance helps to increase rather than rent their own. / End / d. Q /
Thursday, May 23, 2013 11:48
Ministry of Commerce to discuss the establishment point of Iraq's international trade with other ministries
Baghdad / Baghdadi news / .. Ministry of Commerce announced on Thursday, it was discussed with representatives of other Iraqi ministries and private sector bodies Multi discuss the establishment of Iraq's International Trade Point.
The director of the ministry's economic relations Hashim Mohammed Hatem which Ader debate in a statement moved the Information Office of the Ministry that "the creation of an international trade point in Iraq is making significant benefits have a deep impact on the advancement of the Iraqi reality and openness to global markets."
He explained that "to achieve those benefits come through a data base of integrated conducts e-commerce in the field of product marketing and presentation of tenders and methods of buying and selling and the names of domestic and foreign companies and publishing trade legislation and shipping General, insurance, banks and everything related to trade foreign and domestic.
He added Hatem said "the launch of Trade Point Iraq's international is soon not left only determine the headquarters of the points after we completed the preparation of legislation and the mechanism of action and the development of the financial allocations and the provision of equipment and personnel selection الكفوئين in this area and their participation in training courses in the field of commercial transactions and international communications technology .
For its part, confirmed the table Kazim, Director Trade Point Iraq's international ministry that "International Trade Point was established mainly internationally by the UNCTAD known as the Conference on Development and Trade, the point to be dispersed across five forums in the world is Europe, America, Asia, Southeast Asia and Arab countries and is linked to this point more than 153 countries world. "
She added that "the Iraqi economy after the transformation from a centralized economy to a free market economy he must be a strong supporter of the private sector and the existence of trade point will work on the development of this sector through increased intra-regional trade with the countries of the world, as well as the existence of this point will provide information support for businessmen and investors and open new markets for the private sector and activating the interdependence between partners in the world through a central point official business and facilitate the use of modern technologies. " Finished / 21
Frankincense: lack of harmony between the executive and legislative hampered the work of the state
23-05-2013 12:08 PM
Baghdad (news) .. Male Member State of Law Coalition MP / National Alliance / honest gum, that the lack of harmony between the executive and legislative reflected negatively on all state institutions.
Frankincense said in a statement (of the Agency news): When you are the highest authorities in the country inconsistent and incompatible visions, this weakens the performance of state institutions.
He added: intersections and tensions between the political parties obstructed the work of state institutions, noting that the House of Representatives is trying to make its agenda compressive strength on the government, so it works selectively in determining the agenda of the meeting.
The political scene in the current conflict between the federal government and the House of Representatives, on a variety of issues, including the powers of the parties, as well as that is often affected by and abide by the wishes of the heads of the bloc does not work independently as deputies in the parliament. / End / 2. D. O /
Turkey is looking to sign commercial contracts with Russian and American companies operating in Iraqi Kurdistan
May 23, 2013 in the economic
ANKARA - Iraq News Network: The Turkish Energy Minister Taner Yildiz said that "his country looks forward to the signing of business contracts this year with Russian and American companies operating in the Kurdistan region of Iraq for joint exploration for oil and gas." Turkey is working to gain the trust of the Kurdistan region as it seeks to increase its participation in oil and gas projects in a move that angered the central government in Baghdad, which says it alone has the authority to control oil exports from Iraq. He Yildiz in a press statement that "the most likely to be working with Russian companies and the U.S. in the north of Iraq as part of various projects such as drilling for oil and gas in the current year may expect state-owned companies and private companies, commercial contracts with Kurdistan. Refusing to disclose the names of the companies. The official said the Turkish "The Iraqi companies operating in the Kurdistan region could be involved in such partnerships, which will include three or four partners," adding that "Turkey made it very clear during the visit of Prime Minister Recep Tayyip Erdogan, the United States said it is impossible to remain Ankara away from projects possible in Iraq, "noting that" the two sides discussed the best model for partnership and who respects the Iraqi constitution. " He added that "these partnerships can be done by state-owned companies and quasi-governmental companies and sometimes with private companies." He Yildiz that "Turkey is keen to help Iraq establish pipelines with increased production of the Member State in OPEC but the pipeline based, which carries oil from fields in Kirkuk to Ceyhan on the Mediterranean should be used to full capacity," pointing out that "Turkey is examined as well as purchases of Iranian oil during the visit of Prime Minister Recep Tayyip Erdogan to the United States. " The Turkish Prime Minister Recep Tayyip Erdogan discussed last week during his visit to the United States U.S. concerns about Turkey's close ties with Iraqi Kurdistan during meetings in Washington with U.S. President Barack Obama. Erdogan announced minutes before heading to Washington that "Turkish companies have already entered into a contract with the American Exxon Mobil Energy. But he declined to give further details before his visit. Exxon was the first company to sign exploration deals with the Kurdistan Regional Government of Iraq, followed by Chevron and France's Total and Russia's Gazprom. The Baghdad transactions between the oil companies and the Iraqi Kurdistan illegal while leaders say the semi-autonomous region that the right of control over oil resources guaranteed by the Iraqi constitution, which develop after the US-led invasion in 2003. Source
Maliki in Jordan tomorrow
Jordan increased news - News of Jordan: Sources political newspaper «statement» UAE Prime Minister Nuri al-Maliki will visit Jordan on Friday to contain the assault staff of his country's embassy in Amman, the Jordanian nationals, which impact on the diplomatic relations between the two countries would use the occasion to provide apologized for politicians Jordanians and calm the situation after attempts Jordanians are angry about the attack on building of the Iraqi Embassy in Amman, at the time called the Brotherhood group to sue officers at the Iraqi Embassy who assaulted the Jordanians.
Maliki's visit to participate in the World Economic Forum which will be held at the Dead Sea but Stakhadd a political nature to calm the charged atmosphere popular. The government sources doubted that the beating incident affect the Jordanian-Iraqi relations. He said: «the Jordanian diplomatic performance does not usually depends on collision with any country with diplomatic row is located.
While some predict that the impact of these events on the relations between Jordan and Iraq, emerged from the performance of the official in Amman attention Jordanians not to offend «Iraqis» as described by an expert in international conflicts Adnan Mahmoud, after being arrested by the Jordanian authorities, dozens of young Jordanians who tried to storm the Iraqi embassy Amman, before they release them the State Security Court yesterday on bail.
And gendarmerie forces broke up a sit-in protesters yesterday in front of the Iraqi embassy, after clashes between security forces and protesters in control of hundreds of lawyers.
The expert explained in international conflicts Adnan Mahmoud said that Jordan does not have only a verbal approval to apologize to the Iraqi government for the conduct of its diplomats to be withdrawn from the territory of Jordan. He said: «Jordan hopes that Jordan supported Iraq oil»,
He added: «can not for Jordan could spark a diplomatic war with his neighbor east, especially since the border is almost apply to him tension and differences, pointing to lock the northern border economically, socially and politically it, in reference to the crisis raging in Syria, in addition to its borders with Western Israeli entity».
From here, says Mahmoud: «Jordanian sovereign decision in this crisis dependence to a given date two economically Oil, and his refusal to blow up a political relationship with Iraq, which is suffering internally and externally.
But this did not prevent the former President of the Jordanian Bar Association Saleh Armouti, the Jordanian government to demand the expulsion of the Iraqi ambassador from Amman. He said: «What happened assault on the sovereignty of Jordan, and raised the ire of Armouti is approved by the Jordanian government« Travel implicated in the attack on Jordanian citizens, saying: 'This is not permissible, the rule of law must be implemented and arrest. He added: «aggressors committed the crime of abuse on the ground Jordan does not relieve them something of accountability.
What increased the ire of the protesters is to shed Jordanian security arrest Ziad Najdawi victim, lawyer upon by embassy staff and interrogation. And said Armouti: «The security services arrested from the brutal beat him.
At the beginning of the event exclusively Brigades published a video showing a group of guards Iraqi ambassador during the assault on Jordanian citizens in the Royal Cultural Center.
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