Archive for July 28, 2013

The Currency Newshound

flashback07-10-2012-15: 14

The Iraqi Central Bank decided Sunday, altering the timing of the launch of project structuring and delete the zeros of the Iraqi currency, he completed the bulk of the action, among the new currency put into circulation must be the beginning of the calendar year in which the scheduled start of implementation and not.

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Central Bank of Iraq confirmed that the process of printing a new currency with the deletion of three zeros will cost the state less money sad re-sustain damage because of the current currency and economic expansion, noting that the new edition will reduce the risk of errors accounting system. (more…)

– JULY 27, 2013

Seeking the parliamentary Foreign Relations Committee to reduce the annual amount of compensation to Kuwait amounting to 5 percent of oil imports, noting that (Iraq has no choice but to apply UN Security Council Resolution 1991 to pay compensation binding). (more…)

07-12-2011 12:41 PM

Baghdad (newsletter).The Central Bank Governor Sinan Al-Shabibi said only the Bank that owns the possibility of dealing with inflation because of its cash flow.

Al-Shabibi said in a statement with (News Agency) reported Wednesday that the Bank is working on raising cash depending on the reality of the market inflation, pointing to the Central Bank is watching inflation very precisely through your specialist, after we get confirmation the body of statistics, (more…)

IMF stresses the need for the adoption of Iraq’s economic reform process and the broad

The head of the IMF mission to Iraq Carlo Sdrallweg, that Iraq needs to formulate structural economic reform agenda and widespread, and it needs to follow up the implementation of that agenda with all its contents.

Allweg said at a press conference during his visit to Iraq, said that “Iraq upon the implementation of a lot of work in the field of public finance, and improving the management of the budget, and most importantly, to be in the area of improving growth and poverty reduction as well.” (more…)

Citibank World: Iraq’s biggest goal and see the economic giant agonist
July 27, 2013
Description Citibank Global, which opened the end of June past Moktaba him in Baghdad, “that Iraq is the biggest goal” in the banking activities in the future. (more…)

07/28/2013 12:00 AM

Hakim calls for an urgent meeting to discuss the implications of the security file in the country

Prime Minister Nuri al-Maliki that the principle of building takes time, effort and cooperation among politicians to get the country to what looks to him Iraqis promising future.

While Maliki has demanded all participants in the political process to bear the full responsibility and does not remain a part of the responsibility addresses and other watches, pointed out that Iraq has regained his freedom and his previous position after the display area in the past, the mentality of the dictatorship of stray to the “global war.” (more…)