Revealed the parliamentary finance committee on Tuesday that the deletion of zeros and replacing Iraqi currency Seetman early January 2013, as pointed out it will start printing the new currency in various categories in September. (more…)
Archive for May 15, 2012
Finance Commitee: Printing of currency begins in Sept 2012, Currency issued in January 2013
Posted: May 15, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, El Jadida, Finance, Hard currency, Iraq, Iraqi Central Bank, Money laundering
Source: Political blocs have submitted an agreement not to withdraw confidence if Maliki commits to all agrements
Posted: May 15, 2012 in Iraqi Dinar/PoliticsTags: Al-Maliki, Arbil, Ibrahim al-Jaafari, Maliki, Muqtada al-Sadr, Nouri al-Maliki, Political coalition, Sadrist Movement
Disclosure of a political agreement not to withdraw confidence from the al-Maliki for the implementation of the Arbil
Posted 15/05/2012 08:33 AM
CNH: Babinaoz (Reuters) – A senior source revealed on Tuesday, the existence of an initial agreement between the political blocs not to withdraw confidence from the Prime Minister Nuri al-Maliki, go back to the last and made promises of a new implementation of political agreements including the agreement of Arbil. (more…)
MP says the legislative session avoided important laws such as HCL; Hopeful for next session
Posted: May 15, 2012 in Iraqi Dinar/PoliticsTags: Council of Representatives of Iraq, Euphrates, Government, Iraq, Law, Legislative session, Member of Parliament, Parliament of the United Kingdom
Deputy: the current parliamentary session legislation omitted a lot of important laws
On: Tuesday 15/5/2012 7:43
MP for the parliamentary bloc citizen Hamid vegetative to the current parliamentary session omitted the adoption of many laws that would serve the country significantly. “
And facing the current parliamentary session many of the criticisms by some politicians who see it lagging compared to the previous session despite the availability of the necessary conditions that are supposed to make them work optimally. (more…)
MP says law requires the application of tariff law
Posted: May 15, 2012 in Iraqi Dinar/PoliticsTags: Bonar Law, Customs, Economic Committee, economy, Finance, Iraq, State, Tariff
Required to accelerate the application of customs tariff
On: Tuesday 15/5/2012 7:15
Rejected by the Economic Committee in the House of Representatives Abdul-Abbas Xiaa proposals to postpone the application of the customs tariff
A broadly according to the Agency (news) The law of the customs tariff is important to support the national economy, calling for the Ministries of Finance and Planning to create requirements and mechanisms, which obliges the State to implement the law, Cglq borders and protect the border crossing points, stressing on the application of Law No. (23) for the year (1985) and that link to imprisonment and fines for those who enter the goods without being subject to fees Kmarkip. (more…)
Arab organization: Iraq will achieve a growth of 12% and the average income will exceed $ 3000 in 2012
Posted: May 15, 2012 in Iraqi Dinar/PoliticsTags: Arab, Arab people, Economy of Iraq, Iraq, Iraqi people, kuwait, Riyadh, Sudan
Posted 15/05/2012 08:18 AM
Babinaoz (Reuters) – Arab Organization expected to ensure that export credit and investment to achieve the economy of Iraq during the 2012 growth rate exceeding 12%, is the first Arab, while likely to exceed the average annual income for the Iraqi people the $ 3000.
The organization said in a report that “the rate of economic growth is expected to Iraq in 2012 would be about 12.6%, the first Arab,” indicating that “Qatar is expected to come in second place with growth of around 6%.” (more…)
Iraq Ministry of Finance T Bill Auction: May 14, 2012
Posted: May 15, 2012 in Iraqi Dinar/PoliticsTags: Auction, Central bank, Currency, exchange rate, Iraq, Iraqi dinar, United States Senate Committee on Finance, Yields
Auction number HY40 of government debt securities was a uniform price auction for IQD 100,000,000,000 par value of bills which concluded on 14-05-2012.
Total public IQD 201,000,000,000 Valid competitive bids totaled IQD 200,000,000,000 and valid non competitive bids totaled IQD 1,000,000,000 and The cut off yield (the highest yield of a successful bidder) determined by auction was 5.00%. (more…)