Archive for July 27, 2013

oooIraq: the start of procedures to delete 3 zeros from Alamlha the
July 27, 2013

BAGHDAD, Iraq – said the Finance Committee representative in Iraq, said the central bank, according to the communications of the official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic, in a new development at the level of currency Iraq, which has suffered large waves of inflation and the decline in exchange rates. (more…)

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CBI in a strong position and can maintain the value of the dinar

07/27/2013 12:00 AM

Head of Mission of the International Monetary Fund stressed the IMF on the need to adopt the process of economic reform and broad, as Usher strengths and imbalances in the joints Economic came in a report the Fund’s Article IV of 2013 on Iraq which is the assessment annual appreciation on the part of the International Monetary Fund (IMF) to the economies of the Member States in the Fund, and issue a report accompanied by my assessment of the latest economic developments in those countries, and the expectations of experts Fund for growth in the overall economy as a whole three to five years following the date of issuance of the report. (more…)

27-07-2013 11:30 AM

Baghdad (newsletter). Member of the Finance Committee, MP for the Kurdistan blocs Coalition//Jimmy, parliamentary Committee seeking to legislate a special law for Islamic banking allows banks to Government work in accordance with the Islamic Sharia, in addition to modifying the banks kaon.

He said capable (News Agency): the current banking law new purpose, many experts and specialists advising the House Finance Committee and in particular the new code of banking legislation in line with the current stage and the developments in various fields.
(more…)

27-07-2013 12:56 PM

Baghdad (newsletter). Female leadership in the block United Iraqi Alliance MP for the//Nabil harpo, the current atmosphere in the House, and there is a determination to pass important laws, which will go through the work of the Council before the Eid al-Fitr.

In a statement, said harpo (News Agency): that all laws passed by Parliament are subject to political negotiations and understandings between Presidents and the Presidents bring their political proposals and ideas about laws, adding: the situation in General in the Council are going well, and will be on Board today to pass laws and other laws will be voted on after the Festival, one of the important laws. (more…)

Financial lift parliamentary draft budget of the House of Representatives in 2014 to the Presidency of the parliament
07/25/2013 – 12:30 am

Of the Finance Committee ended a number of the latest draft of the budget estimates for the House of Representatives for the year 2014 with the final report prepared by the Committee on the budget in accordance with legally defined deadlines.

It was submitted to the Presidency of the Council for inclusion on the agenda of the meeting for a vote, and after informing of Representatives and discussed have been voted by the majority. (more…)

HA NOI (VNS)— The State Bank of Viet Nam (SBV) will not adjust the foreign exchange rate, SBV deputy governor Le Minh Hung pledged yesterday.

The forex rate has been heating up for the past few weeks, ever since the SBV decided to raise the inter-bank average exchange rate between the dong and US dollar by 1 per cent to VND21.036 on June 27. (more…)