Archive for July 9, 2013

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Shammari: the government invest surplus cash reserves in accordance with a well thought out economic policy
Tuesday, 09 July / July 2013 08:21 | | |

Spokesman white bloc MP Kadhim Al Shammari said the government invest surplus cash reserves and harnessed in accordance with a well thought out economic policy.

Among Shammari said in a statement received by the agency {Euphrates News} copy of it on Tuesday that “the high volume of reserves of the country’s foreign currency to $ 76 billion, in addition to 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset currency Iraq. ” (more…)


07/09/2013 12:00 AM

BAGHDAD – Shaima Rashid
after rid Iraq of the limitations of Chapter VII is looking forward to entering into the realm of the global economy, especially with the growing desires International seeking to double the volume of trade exchange with Iraq and this is what called االى thinking about the country’s accession to the New York Convention to encourage investment. (more…)

Revealed to the Commission on oil and energy parliamentary Tuesday, as having four drafts of oil and gas law awaiting the arrival of a fifth to be released from mini-committee between the governments in Baghdad and Erbil, as noted that the continued dispute over the law is structured with five points, cautioned that the committee Baghdad – Erbil mini did not meet 8 months ago. (more…)

Member of the Finance Committee said Rep. najeeba Najib ‘s/JD/Tuesday: that the work of the Committee is to follow the dollar equivalent exchange rate of the Iraqi dinar, adding: we will follow the actions taken by the Central Bank, watching the exchange rate of the dollar against the Iraqi dinar.

Najib said the importance of identifying how the Central Bank version controls. (more…)

09-07-2013 12:54 PM

Baghdad (newsletter). The parliamentary Finance Committee member MP/Kurdish Alliance/Jimmy is capable, that the federal budget bill for the year (2014) will arrive to the House during the month of October, for approval by the Council during the current year.

He is capable of speaking (News Agency): in accordance with the Financial Administration Act and the public debt No. 95 of 2004 amended budget arrive in October, indicating that this year there was the work of the Committee in coordination with the Government of the time on the budget, to be completed and sent time. (more…)

TUESDAY, JULY 9, 2013 13:02
Announced to the parliamentary Foreign Relations Committee, on Tuesday, the finalization of the contract law of international treaties, indicating that raise to the Presidency of the Council of Representatives for the purpose of inclusion of the vote during the upcoming sessions.

Committee member said Imad John’s “Twilight News”, “The members of the Foreign Relations Committee completed the preparation of international treaties contract law,” adding that “the members of the committee of the various components of the political blocs agree on the draft amendment.” (more…)


Preparing JP Morgan Bank (JPMorgan) American enter the Iraqi market as the second largest oil exporter in the OPEC countries and through specific access to the Convention for one year with the Trade Bank of Iraq to finance shipments of imported goods and services to Iraq.

And the transfer of the site Sachs stock and investment statement issued by the bank and seen it, (Presse term), “The Bank (JPMorgan) will be in a position to provide assistance to the Commercial Bank of Iraq to open the adoption of more books in the country. (more…)