Archive for July 25, 2013

23/07/2013 12:00 AM

Yasser incumbent
expectations of a number of experts, finance and economy collapse of the dollar is not at the global level because he is still master of the currencies in most countries of the world but مايهمنا at the level of the exchange rate in Iraqi dinars, we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was, but this dream difficult to achieve and reach It is not possible to achieve in light of global variables but achievable to get into a price equal any one dollar against the dinar.

dream second can be achieved gradually, if we have a good deal this spirit of cooperation between the central bank and private banks, while led this cooperation to control the volatility that has plagued Sarsrv dollar these days. (more…)

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Parliament: the reform depends on the shift towards a free economy

25/07/2013 12:00 AM

said a member of the Committee on Economy and Investment parliamentary Salman al-Musawi: that economic development in Iraq can not be reached only through the transformation of the economy’s dictatorship to a free economy, pointing out that this issue is complex and not simple and requires concerted efforts despite the fact that the Constitution guarantees this transformation . (more…)

Thursday, 25 July 2013 12:35 | | |

(AIN) –Iraq forwarded a message to the UN Security Council in which it announced setting a legal mechanism to settle the Prisoners of War and missing persons file with Kuwait.

The UNSC had voted unanimously on transferring the pending issues between Iraq and Kuwait on the prisoners and missing persons file as well as the stolen properties of Kuwait to the UN mission in Iraq under the UN Charter’s 6th Chapter after relieving Iraq from the 7th Ch. in last June. (more…)

Iraqi Central Bank announces the continuation of currency auction on Thursday

Central Bank of Iraq, Wednesday, for the continuation of the bank auction for the sale of foreign currency on Thursday has nothing to do with the holiday granted by the Council of Ministers of the government departments and institutions. (more…)

International Monetary Fund (IMF) expects Iraq to be a prime contributor to global oil-friendly

Editor: BK, BS 24/07/2013, 17:44

Said the International Monetary Fund, said on Wednesday that Iraq has become one of the leading countries oil production, as ranked second largest oil producer in OPEC and the third largest global exporter and fifth at the level of reserves estimated at 143 billion barrels, while expected to continue to expand oil production Iraqi the medium term to be key contributors to the oil-processing of the international market, despite the suffering of the challenges, the country is facing major financial challenges after three decades of siege and war, as you need to convert its oil wealth into assets based upon the processes of reconstruction and development continuously.

(more…)

25/07/2013 12:00 AM

Baghdad Shaima Rashid
considered the Commission on oil and energy parliamentary that political differences the most prominent obstacles that have prevented the adoption of several important laws of the country, especially oil and gas law, which it considered legislation that are no less important than the Constitution, revealed the existence of the movement to pass the law of the national oil company which could be a contributing factor in the enactment of the oil and gas, according to the Commission. (more…)