Economist calls for a reduction of currency in circulation; Says GOI should adopt modern card systems

10/24/2013 12:00 AM

called researcher economic state fair government banks to develop its adoption of modern technology to reduce the size of the money supply in circulation.

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Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market

October 24, 2013
Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market
BAGHDAD – ((eighth day))

Economic expert called Ahmed, today, Iraqi banks to deal in the same category currency from the central bank to satisfy the need of the market, stressing the need to receive large numbers of the central bank and put it on the market.

Iraq looks to settle debt with Jordan and Egypt; Arab countries hold firm on debt owed, despite huge reductions by China, Russia, and Japan

Iraq’s Debt Settlement With Egypt And Jordan
On October 23, 2013 According to press sources Jordanian, on Wednesday, the Iraqi government has authorized the Iraqi Minister of Finance and the Governor of the Central Bank of negotiation and debt settlement Jordanian and Egyptian on Iraq, according to an agreement, “the Paris Club.”

Said Jordan News Agency “Petra” in the news of her day: that “The Iraqi government has decided to settle the money that the Jordanian government to act and to present the settlement if finalized,” indicating that it “will be also with respect to funds Egyptian.” mentions that “the Economic Club of Paris” had in 2004 decided to write off Iraq’s debts , which is an informal group of financiers from 19 countries of the richest countries in the world that offer financial services such as debt restructuring, debt relief and debt cancellation on the debtor and creditor countries and identifies the International Monetary Fund names of those States.

The exclusion of 12 banks waged daily currency auction; Experts warned of the acquisition by banking companies

10/24/2013 12:00 AM

varied views of specialists in economic affairs around the central bank’s decision excluding 12 out of 32 banks waged from the auction currency for not achieving increased their capital to 250 billion dinars within the period set by the Bank For those banks, regarding an economist believes that this decision will impact on the reputation of banks, both domestic and external.

Parliament lifts till Monday, Oct 28

Thursday, 24 October 1 / Okrudolf 2013 15:44

Lifting of the House of Representatives its usual to next Monday.

A parliamentary source told all of Iraq [where] on Thursday that “the Council lifted its to next Monday.”