Posts Tagged ‘Finance Committee’

12/26/2013

Still citizens waiting to start implementing the project to delete the zeros of the Iraqi dinar for several reasons, perhaps the most important of which is the security aspect in the interaction between individuals, as many traders dealing in dollars for the lack of size of the money supply, compared to the Iraqi currency. (more…)

12/02/2013 12:18
Parliamentary Finance outweigh the adoption of the budget at the beginning of next year

Tipped the parliamentary Finance Committee approval of the budget at the beginning of next year, while confirming the continuing disagreement about some of the points between the Kurds and the federal government, which led to the delay. (more…)

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year
19-11-2013 05:05 AM

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project. (more…)

13:00 17/11/2013
Central Bank has submitted to the Finance Committee zeros currency beginning of 2014

Told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

Said committee member Abdul Hussein al-Yasiri in a press statement that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.” (more…)

November 1, 2013, 10:08 pm

A member of the Finance Committee called MP Najiba Najib to the need to restructure the Iraqi currency; because the current currency is in line with the size of the Iraqi state revenues and cash currency in circulation and investment which will hopefully happen in the coming period. (more…)

Movement of funds to “Alگoana” banks lack modern techniques

26/10/2013

Despite the rapid development in the world of banking, and the recovery of the movement of money in the countries of the world through modern technology, employing the Internet, is still Iraqi banks adopt traditional systems of old, and uses most of its personnel manual methods widely used for the completion of banking services, causing delay completion of course and increase the opportunities for corruption financial and administrative. (more…)

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. (more…)

Smart answer: open branches of Iraqi banks abroad will boost the economy and investment

21-10-2013 12:50 PM
Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, Iraqi banks to open branches in the world, saying that such a step would open the field of investment and banking transactions in other States.

Najib said (News Agency): the Iraqi banking system continued to improve, and that opening of branches of banks in foreign countries will serve the sector and expanding investment opportunities, inviting private banks to open branches to support and strengthen its supplier. (more…)

10/19/2013

Called on the Finance Committee in the House of Representatives, the Iraqi banks to activate some modern banking services, such as the settlement of financial transactions through mobile phones, or credit cards, so as to reduce the handling of paper currency. (more…)

10-10-2013 10:29 AM
Baghdad (newsletter). The parliamentary Finance Committee noted the existence of technical and administrative problems have prevented the development of the banking sector in the country, saying that local banks are still lags behind the world in terms of techniques and developments.

The Vice-Chairman of the Committee, said attorney Ahmed Faizullah (News Agency): local banks still follow the old traditional systems used manual work especially in censuses and other, causing delayed delivery of banking transactions and the increase of financial and administrative corruption. (more…)

Created on Sunday, 06 October 1 / Okrudolf 2013 13:39

CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may prevail Iraqi market due to implementation of this project.

The delayed implementation of the project yet to enter the central bank, as amended, most of the time because of fears predominantly based on the uncontrolled security situation and the open market to foreign goods without restrictions and counterfeit currency circulating in the market in addition to the rampant corruption in the country. (more…)

Called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, to the necessity of activating the customs tariff law after giving a considerable period to rehabilitate the customs offices in the Iraqi border, in order to support the national product.

Yasiri said in a press statement, said Sunday, “that there is an imbalance in the tax legislation of the country, because he can not be a country like Iraq imported materials and commodities funds enormous tax does not exceed (5%), indicating, that the law of the customs tariff submitted to the House of Representatives since 2011 and delay the many times. (more…)

Screen Shot 2013-10-01 at 8.03.29 PMPosted: October 1, 2013

The Central Bank seeks to delete the three zeros of the Iraqi currency since 2003. Which raises many concerns on the street level and the business and financial community and economists seem divided between supporters of the project saw an opportunity to reduce the rates of inflation and unemployment and forewarned of economic shocks might prevail in the Iraqi market by implementing this project.

The project has been postponed after the Central Bank introduced its amendments, most of the time because of fears based on the most unruly security situation and open market to foreign goods and counterfeit currency circulating on the market in addition to rampant corruption in the country.

(more…)

called a member of the Finance Committee MP Abdul-Hussein al-Yasiri, the need to use global organizations and international experts to update the mechanisms used in the process of combating money laundering in the country.

He said Yasiri in Tsrihs of the news that is the subject of money laundering and wide and Michaúk and needs international expertise to modernize the organs and mechanisms adopted by the Central Bank and the departments of the Ministry of Interior for the purpose Kavanh. (more…)

Integrity Commission revealed the presentation made by international companies to recover Mawal smuggled from Iraq in return for up to 10% of the amount recovered.

While confirming that international banks refuse to help us in any information about the money that had been developed and deposit account number and not specific names. (more…)

Screen Shot 2012-09-20 at 9.26.27 AMFinancial representative demanding the Central Bank printed new currency with small groups to create a balance in the market

Baghdad/file News: the parliamentary Finance Committee, demanded on Tuesday, the Central Bank printed new currency with small groups to create a balance of the quantity in the Iraqi market.

Committee member, said Haitham Al-jubouri said in an interview with the news agency “that” the Commission recorded a shortfall of some categories of Iraqi currency particularly small groups owing to rapid circulation and damage between citizens “. (more…)

24-09-2013 07:35 AM
Baghdad (newsletter). He is a member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is capable, from the continued deterioration of the security situation in the country because it will affect the work of the few foreign companies that operate in the country.

He is capable (for the news agency news): global companies typically look for two things for the purpose of investment security and profitability, adding that security agent in the country almost non-existent because of frequent bombings, assassinations and threats, all these are not reassuring to foreign investors. (more…)

Economic

20-09-2013 07:13 AM
Baghdad (newsletter). Member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy, to the need to encourage international companies to establish large industries through investment to support local industry and to promote the growth of the national economy.

He is capable of (News Agency): that Iraq needed a great strategy and the plants realized by encouraging investment and bring the world sound companies, adding that investment in the country is still weak due to entice him. (more…)

The parliamentary Finance Committee said Haidar Al-Abadi said the coming weeks will see more improvement in the value of the dinar against the dollar which will enhance the confidence of the world. ” (more…)

10-09-2013 12:45 PM

Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the need to establish a body to be responsible for the development of the banks, the banking sector and linked to global banks.

Najib said (News Agency): the body dealing with banks is necessary to serve the banking sector, noting that it would be better if the work of the Central Bank’s monetary policy for the country development banks is the prerogative of the institution. (more…)

59624c79cf4b8e4779fc1993fd87b008Amin Hadi: must address the issues of debt and money frozen by passing a law to delete the zeros
09-09-2013 10:32 AM

Baghdad (news) .. A member of the Finance Committee deputy secretary-Hadi, the need for passing a law to delete the three zeroes from the currency so as to its importance in banking transactions. (more…)

09/06/2013
Finance parliamentary rule to delete the zeros from the currency early next year

 

Ruled out of the Finance Committee, the deletion of zeros from the currency early next year / / 2014.

Said committee member Rep. Najiba Najib, in a statement to / Baghdadi news / .. “The Finance Committee did not discuss the issue of deletion of zeros during the last period. (more…)

Finance Committee: budget 2014 “election” .. Baghdad and Erbil to resolve their differences before reaching the Parliament
Range – 08/20/2013 – 2:03 pm

Warned the deputies and members of the Finance Committee, the parliamentary repeat the scenario of political debates which they are subject budget at the end of each year, and drew out that the differences that existed in last year’s budget between Baghdad and Erbil special allocations oil companies operating in the region and the allocation of the Peshmerga and the share of the regions of the budget subject to repeat this year not to hold the committees formed between the two parties any meeting so far, and accused the government of covering up the final accounts for the last four budgets. (more…)

08/20/2013 12:00 AM

Increase the volume of investment expenditures for the years coming three
Baghdad Farah pumice

The government placed the greatest attention within the strategy budgets of the next three years to revive the national economy of Iraq, expected to double revenues country to reach nearly 143 trillion dinars in the budget next year 2014 amounting to more than 157 trillion dinars, and the size of export oil up to 3.5 million barrels per day. (more…)

19/08/2013

Staff in the embassies to observe the transfer of funds contraband, asserting that Iraq is seeking to recover that money to the public treasury.

said a member of the Finance Committee MP Najiba Najib Ibrahim told \ JD \ today: that Paradise is working to restore Iraqi funds that have been transferred out of the country in ways unknown and turned by companies or persons habitual ways that are not clearly visible and non-visible. (more…)

08-08-2013 08:19 AM
Baghdad (newsletter). Member of the Finance Committee, MP for the Kurdistan blocs Coalition//Jimmy, the intention of its special Act legislation for banks supports the Iraqi banking system with the participation of international experts and financial advisers.

He said capable (News Agency): the current banking law is supportive of banks permitted investment and technological techniques in modern banking, being a work in old non-innovative mechanisms and not keeping pace with developments in world banking. (more…)

08-08-2013 08:19 AM

Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the intention of its enactment of a special law for banks supports the Iraqi banking system with the participation of international experts and financial advisors.

said is capable (of the Agency news): The Banking Act current is supportive for banks and allowed investment and the use of technology technological modern banking business, as it works according to the mechanics of old is novel and not keep pace with the developments in the world in the field of banking. (more…)

Attorney General will likely approve budget Al-yassiri (2014) the end of the year

07-08-2013 01:41 PM
Baghdad (newsletter). Outweighed the Financial Committee member MP//Abdul Hussein Al-yasiri, the adoption of the general budget (2014) the end of the year, the House of representatives began early in the discussion and adoption of some budgets to avoid the errors that occurred earlier that led to delay adoption of the general budget. (more…)

Specialist: body dealing with non-positive step for banks
05-08-2013 10:33 AM

Baghdad (newsletter). Competent in Economic Affairs ruled out Dergham Mohamed Ali, an independent body of banks, adding that the Central Bank is the sponsor of the banks that are open to the general lines of the banks. (more…)