Archive for October 16, 2013

Central Bank: inflation in Iraq is scary, which is less than neighboring countries
16/10/2013 – 11:04

Considered the Iraqi Central Bank, on Wednesday that inflation in Iraq is scary which is less than neighboring countries, stressing its ability to curb any inflation in the event of a rally.

The central bank governor said Abdul Basit Abdul Samad said in an interview for “Alsumaria News”, “inflation in Iraq is scary and represents a modest compared to the size of inflation known,” adding that “the latest statistics indicate that the rate of inflation in Iraq is 3.5% and if added her housing becomes 5.02%. ” (more…)


Posted 13/10/2013 07:03 PM

The Ministry of Planning and Development Cooperation slight rise in the inflation index for the month of September compared with September 2012.

Said ministry spokesman Abdul Zahra al-Hindawi told a news briefing: “The inflation index during the month of September saw a slight rise in rates by 0 , 05% compared with August last year. ” (more…)

Posted 08/10/2013 05:52 PM

Economic expert called gentle Abdul Salem Okkaily, the need to encourage investment and transfer of state-owned companies to convertible contribution to the support and development of the Iraqi market for securities.

Ugaili said in an analytical study prepared (of the Agency news): Iraq depends on a mission to provide most of the needs of daily commodities and goods on the markets of the various countries of the world, where it became the import process constitute a drain on the ongoing financial resources and reserves of hard currency, which led to the marginalization of the area of national production and increasing unemployment. (more…)

16-10-2013 04:34 PM
Baghdad (newsletter).Deputy Prime Minister for Energy Affairs Hussein Al-Shahristani, said Wednesday that China is seeking to buy about 850,000 barrels of oil a day from Iraq.

To buy China 568 thousand barrels of oil this year, up from 525,000 barrels a day in 2012. (more…)

Do you endorse the economic reform law?

13/10/2013 07:01 PM

Head of advisers Minister Thamer Ghadban that the law of economic reform will pass during this session, noting that the law has dimensions positive on the Iraqi market.

said Anger in a statement (of the Agency news): The process of turning the Iraqi economy from a socialist economy to a free economy, Pat be difficult unless you change the legislation that restrict investment and limit the effectiveness of the private sector, noting that there are notes simple by the Brothers of Representatives and there is an agreement will be presented and presents for the first reading. (more…)

14/10/2013 18:43
The Iraqi Commercial Bank said on Monday, private banks and the need to broaden the base of their work and the practice of bank credits and bank wire transfers, saying that state banks can not provide loans to investors to ensure the ground.

The Director of the bank Hamdiya dry for “tomorrow’s Press,” that “private banks and private urgent need to expand the base of its work and practice credits banking and bank drafts and providing financial services to investors and customers to enjoy the confidence of the foreign investor who wishes to work in Iraq.” (more…)

10:37 16/10/2013
Congratulates the Iraqi public opinion by the Eid al-Adha

advancing family news agency public opinion (and babysit) to all the sons of the Iraqi people to the highest states of congratulations and blessings, on the occasion of Eid al-Adha.

And تبتهل (public opinion) on this occasion to Bari (Almighty) that Yemen on all Iraqis, and safety and security away from them the evils of enemies