09 May, 2012 07:12:24 Huda – Baghdad
Qald Vice Chairman of the Finance Committee MP Ahmed Hassan Faizullah that the committee held a meeting today Rabaa in the presence of the Governor of the Central Bank.
He touched on several topics of interest to the national economy and the Iraqi dinar, most notably preserve the value of the dinar against the dollar and how to work a project delete three zeros from the currency, indicating failure to reach any conclusion about those topics. (more…)
Vice Chairman of the Committee of Finance: the dinar will not regain its natural road to the lack of a robust economy,
On: Wednesday 09/05/2012 12:46
Baghdad (news) .. The Deputy Chairman of the Finance Committee MP / Kurdish coalition blocs / Ahmed Hassan overflow of God, that his committee proposed to the Governor of the Central Bank to act cash reserve is located from the dollar to maintain the value of Iraqi dinar, stressing that the Central rejected the proposal and the intervention of any point in his work. (more…)
09/05/2012 0:00
Lost in the equation of the Iraqi economy
D. The appearance of Mohammed *
Not to the phenomenon of deterioration in the terms of the Iraqi dinar exchange rate in recent months after the end of spring stability experienced by the country over the past years is cut off from the causes, nature and methodology of the economic system in Iraq .. Valtrkibh current and even use the near and far that this economy strong rentier is working on two contradictory: first, an economy dominated by the 80 percent of gross domestic product, or the generation of national income not to mention his direct responsibility in the supply of 99 percent of inflows to the country’s foreign exchange which is linked to release cash to the Iraqi Central Bank and cash basis is directly related to the movement of these flows. (more…)
Dani calls for the formation of a committee to stop the smuggling of the dollar and hold negligent
05/08/2012
demanded parliamentary economic committee member and MP for the Iraqi List, the formation of a joint committee between the Iraqi Foreign Ministry and the Central Bank and Finance Committees and the Parliamentary Economic addition to the Ministry of Finance to reduce the smuggling of foreign currency abscess Iraq. (more…)
Date: Wednesday, 09-05-2012
Baghdad (newsletter) … Member of the Commission on the economy and investment, the National Alliance Deputy//Salman al-Musawi submitted a working paper containing proposals by several national investment Commission and the parliamentary Economic Committee to amend the investment law No. (13) of the year (2006), to boost investment in the country. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 9-MAY-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 19 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 232,083,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 232,083,000 |
| Total offers for selling (US$) | —– |
The auction No. C58 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills concluded on 8-5-2012.
The total public bidding is IQD 297’000’000’000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.00%. (more…)
Attorney alabtan: application of the law on customs tariff without creating the appropriate climate to consumer harm
Date: Wednesday, 09-05-2012 11: 29 am
Baghdad (newsletter) … He is a member of the Economic Commission, the National Alliance Deputy//Abdul Hussein alabtan need to create appropriate ground before releasing tariff laws or consumer protection, stating I lack of strong management of file of the Iraqi economy. (more…)
Suhail during a meeting with Italian Ambassador renewed his call for the EU to play a positive role to remove Iraq from Chapter VII
Wednesday, 09 May / May 2012 13:16
New First Deputy Chairman of the House of Representatives Qusay al-Suhail call for the EU to play a positive role to remove Iraq from Chapter VII. ”
A statement by the Information Office of the First Deputy Chairman of the Board received by all of Iraq [where] a copy of it today that “al-Suhail received Italian Ambassador to Iraq, Gerardo Karante The two sides discussed during the meeting, ways to strengthen relations between the two countries in all fields in addition to the political situation in Iraq. (more…)
08/05/2012 13:23
BAGHDAD, May 8 (AKnews) – The money retained in the Development Fund of Iraq will cover the deficit in this year’s federal budget.
The Finance Committee in the Iraqi council of Representatives made the assurance today, adding that the deficit calculated is only an approximation. (more…)
WEDNESDAY, 09 MAY / MAY 2012 11:01
expressed a senior official at the United Nations, Wednesday, concern about the “non-implementation of the” political agreements in Iraq, especially Erbil agreement, as he warned that Iraqi democracy tends to “collapse” due to lack of implementation of these agreements. (more…)
Morning newspaper
Political source revealed early “morning” of the existence of an agreement to hold a meeting between President Jalal Talabani, the head of the National Alliance, Ibrahim al-Jaafari on Thursday to agree on a common vision and set a date for the meeting will be preceded by the national meeting of the three presidencies. This comes at a time announced by Mr. Muqtada al-Sadr’s willingness of the parties that met in Erbil for dialogue. (more…)
Tuesday May 8, 2012
Hosted by the Finance Committee under the chairmanship of Deputy Chairman of the Committee Haider Abadi, on Sunday, 6/5/2012 Dr. Shabibi Central Bank Governor and the delegation accompanying him in the presence of members of the committee and its advisers.
During the meeting, discuss the issues contained in the agenda and the most important measures the central bank to keep the Iraqi dinar exchange rate and currency Auction and the fight against money laundering and instructions relating to banking agencies and the mechanism for granted. (more…)
The Currency Newshound 