Posts Tagged ‘Finance Ministry’

20 Dec 2013
Iraqi parliament has authorized the establishment of an institute for financial and banking training to develop the skills of government banking sector employees and bring them up to date with the latest electronic systems and technologies.

On December 10th, the decision was announced, complementing the other training steps that would be taken by the ministry of Finance, stated by the parliamentary financial committee member Abdul Hussein al-Yasseri. (more…)


12/15/2013 12:43

Baghdad morning
sent the parliamentary Finance Committee, today, a request to clarify the reasons for the delay in sending the draft budget of 2014 to the House of Representatives worried about the delay in approval during the next four months. (more…)

12/12/2013 12:55
BAGHDAD / tomorrow Press: confirmed member of the parliamentary Finance Committee Magda al-Tamimi, on Thursday, the International Monetary Fund drew a report on the budget for Iraq in 2014 to the Ministry of Finance and a copy of it to the House and the Finance Committee he refers to the balance of 2014 to be discussed now before the Council of Ministers adopted on very optimistic assumptions about oil revenues. (more…)

Baghdad, granting the House of Representatives by the Iraqi government for 3 days to send the general budget for 2014 to the Council, as the deadline before the start of the legislative recess in the event of non-arrival of the budget in the prescribed period. (more…)

29 October 2013
Predicted Chairman of the Finance Committee in the House of Representatives Haider Abadi, the late arrival of the draft 2014 budget law to the Council to contain the problems in the financial structure, revealing that the discussions of the Ministerial Committee for examining the details of the ongoing budget.

He Abadi hoped the arrival of the budget to the House of Representatives before the holiday legislative and the end of the year, according to the constitution, likely delayed arrival and استغراقها in the discussions to the next year, which is unwelcome to overlap with the campaign because it will affect ordinary citizens and affect the activity of the state in general and enters bargains . (more…)

Cabinet decided to authorize the Minister of Finance and the Governor of the Central Bank of negotiations for the settlement of the Jordanian and Egyptian debt on Iraq, while commissioned the Ministry of Higher Education and Scientific Research to expand acceptance in the medical colleges Group.

A statement issued by the Council of Ministers received {Euphrates} a copy of “The Council held its forty-fourth regular in Baghdad today under the chairmanship of President Nouri al-Maliki decide where mandated the Ministry of Higher Education and Scientific Research to expand admission to colleges Medical Group of the provinces are able to increase the classroom to accept the owners of the high rates and up to five hundred students with the ability to take advantage of the laboratory after Hours Morning and disbursement of allowances for staff or faculty who take run labs. ” (more…)

September 30, 2013
Amounted to a source in the Iraqi Ministry of Finance announced today that his ministry has completed the preparation of the draft budget for the country, and sent it to the government as a prelude to discuss the clauses at a future meeting, and forwarded to the House of Representatives for discussion and approval.

He pointed to the size of this budget, which are described above in the history of Iraq between previous budgets, will reach 174.6 trillion Iraqi dinars (150.1 billion dollars) on the basis of calculating an oil price of 90 dollars per barrel, as it is expected that the volume of oil exports for next year to 3.4 million barrels daily. He explained that the next budget than its predecessor in 2013 at about 36 trillion dinars (30 billion dollars). It is noteworthy that the U.S. dollar is equal to 1160 dinars. (more…)

September 29, 2013

Parliamentary Finance Committee revealed that the draft budget for 2014 sent from the Ministry of Finance to the General Secretariat of the Council of Ministers reached 174 trillion and 649 billion dinars, pointing out that the budget included an increase from the previous one in 2013 by more than 36 trillion dinars.

Draft budget for 2014 allocated $ 15 trillion and 910 billion dinars, local and international debts, including compensation of the State of Kuwait, which amounted to 6 trillion and 511 billion dinars, while the budget of the Kurdistan region 18 trillion and 936 billion dinars. (more…)

16/09/2013 12:00 AM

Committee expected economic parliamentary approval of the general budget for 2014 in early this year compared to budgets in previous years.

Committee member Rep. Nora Bijari said in a statement (morning) that the draft budget next year be found at the Ministry of Finance a budget large, as amounting to nearly 146 trillion dinars, and the ministry will send a copy of the budget to the Council of Ministers for the purpose of voting on them. (more…)

Expert: the Ministry of finance is required to start up the balancing act (2014) to avoid errors of the past years
28-06-2013 12:04 PM

Baghdad (newsletter). The Economist called Muhammad Ahmed Al-Hasani, the Ministry of finance should start budgeting year (2014) to avoid errors that occurred during the past years, which led to the delay in approving the budget. (more…)

Changes in the Ministry of Finance .. exempt inspector general of the ministry and the Director of the Office of the Minister and the Director of Administration
Published on Tuesday, February 26 / February 2013 09:40

Official source said, Tuesday, that the prime minister has decided to move Riad Mohsen al-Ani of the Department of Administrative Affairs in the Ministry of Finance and the exemption Salah Abdul Sahab of the tasks of the Director of the Office minister, as well as an end to instruct the Inspector General of the Ministry of. (more…)

23-01-2013 – 10:29

Central Bank of Iraq announced on Tuesday January 22, that it sold 80 billion Dinars worth of treasury bills, pointing out that 3 participants bought all the issued T-bills.

“Ministry of Finance decided to hold the 48th public auction and sold 182-day treasury bills for 82 billion Dinars”, said the Central Bank’s press release issued Tuesday January 22, of which Alsumaria got a copy. The press release pointed out that “the entire issue was sold for the highest bidders”. (more…)

Baghdad (newsletter) … The Economist called a Quraishi, the need to speed up the adoption of the general budget (2013) this month to Exchange starts at the beginning of the financial year POPs, delaying approval will affect the growth of the national economy.

Quraishi said (News News Agency): to delay adoption of the general budget would adversely affect the implementation of SOA projects and investment in the country, and provincial ministries work baffle because they have annual investment action plan starts with the beginning of the year. (more…)

Published on Thursday, 13 January 1 / December 2012 19:57
BAGHDAD / obelisk: Finance Minister Rafie al-Issawi, Thursday, the World Bank expressed satisfaction with the federal budget plans for 2013 in Iraq as part of the ministry talks with the ongoing Bank in Amman.

Issawi said for “obelisk”, “The Ministry of Finance discussed with the World Bank in Amman schemes the federal budget and the distribution amounts,” adding that “the World Bank expressed satisfaction with the plans of the federal budget and the need to take advantage of international expertise to work on the development of distribution of financial”. (more…)

Last Updated: Thursday, November 01, 2012 03:10:00

Frugality may allow Vietnam to raise the minimum wage for state employees by VND100,000 (US$4.8) per month beginning next July, the Finance Ministry said in a Wednesday report.

The report released at a session of the National Assembly said the ministry has gone over the state budget again, and having considered opinions from various legislators, decided that the budget can afford a small increase to the minimum wage. (more…)

Future news agency – 10/06/2012

BAGHDAD / With: called Mustansiriya University economics professor Abdel Rahman al-Mashhadani, Saturday, to the adoption of the Egyptian regime in preparing the budget, criticizing at the same time not to involve stakeholders economic research centers to prepare the budget. (more…)

Baghdad / justice – 05/08/2012

Ministry of Finance announced the completion of the final accounts for the year 2011 of the Republic of Iraq.

The ministry said in a press release was sent the final accounts for the year (2011) to the Office of Financial Supervision, which contained entry opening with analytical tables, financial statements, including – the balance sheet and calculate the outcome measure.’s (more…)

Date: Thursday 08/02/2012 11:17:02

Baghdad (news) .. Revealed by the Economic Commission deputy / coalition in Iraq / Nora Salem Albjara, about the intention of the federal government to implement the Tariff Act after two years from now, criticizing the decision as to Aasb the interests of the national economy. (more…)

22/07/2012 0:00

announced that a member of the Committee of Economy and Investment Attorney Nora Albjara, the intention of its Committee held an extensive meeting with representatives from the ministries and institutions on the Law of the customs tariff to discuss the possibility of its application without impact on the citizen and determine the timeframe for its implementation. (more…)

Erbil, July 21 (Rn) – The Member of the economy and investment, on Saturday, the intention of its Committee held an extensive meeting with representatives from the ministries and institutions on the Law of the customs tariff to discuss the possibility of its application without impact on the citizen and determine the timeframe for its implementation. According to a statement. (more…)


He attributed the economic expert Majid picture reasons for lack of success of the restructuring of State-owned banks by the World Bank to the absence of real political will called on the government and the House of Representatives to follow up the work on and implement all the recommendations, at the same time, member of the Finance Committee in the House of Representatives Abdul-Hussein al-Yasiri to plan the International Monetary Fund to restructure State-owned banks have not achieved some success full. (more…)

Date: Monday, 18-06-2012 10: 03 am

Baghdad (newsletter) … Banking expert suggested Ghazi alkanany, open the specific sections of the Iraq market for securities in all provinces to promote investment through stock trading.
Alkanany said (News Agency news) Monday: all governorates of Iraq need independent exchanges through which entry investment firms located in the governorates and stock trading, will encourage investment in the country. (more…)

World Banking and Finance Summit: 26-27 June 2012

The changing shape of international banking

The World Banking and Finance Summit 2012 will examine the changing shape of global banking and finance in the light of macroeconomic imbalances and the new role of debtor and creditor nations. The agenda will look at the main emerging economies and the subsequent shift in economic power from established centres to new contenders. (more…)

BAGHDAD – News Network Iraq – The Central Bank of the country is suffering from a low per capita share of banking services to reach an average to one bank per 40 thousand people, is a big difference from what exists in neighboring countries. (more…)

Date: Monday 04/06/2012 1:06

Economic analyst warned Ibrahim al-Mashhadani, from the exploitation of some traders to the customs tariff law to raise prices in the market doubly, indicating that the local market is dominated by the “sharks” who exploit opportunities for profit. (more…)

Chaos markets innovative, drawing features Bremer (Bremer) and fostered by the Iraqi government neglecting and disable of economic law on purpose, including the law of customs tariff of the monopoly markets of Iraq and emptying them of their currencies to the foreign, where again the government reiterated the request of the House of Representatives to postpone the application pending completion of procedures, tools and means of application of the law The Ministry of Finance to provide practical and technical reasons justifying the delay, despite the application of this law has been initiated three years ago and was scheduled to work before more than a year. (more…)

19/05/2012 0:00

central bank decided to cover 32 banks of government and civil strife the application of electronic clearing within the project development banking.

and Iraq has begun in the application of the clearing system E in November of last year, it included six banks eligibility in the implementation of banking transactions according to the clearing system electronic. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (Center news for the Iraqi Media Network) that “the central bank began to apply the clearing system E in 32 banks, government and civil strife, including banks, Rafidain and Rasheed.” (more…)

05/05/2012 12:30
Businessmen Union stressed the importance of applying the customs tariff law to promote the reality production in the country.

The head of the Union is willing Blibl at a seminar hosted by the Iraqi Institute for Economic Reform on Saturday and attended by “the gate of Iraq” that “the application of the customs tariff law is crucial and urgent to promote the reality production in the country.” (more…)

21-04-2012 01:00 PM

Detect the Iraqi Central Bank on Saturday, all reservation and the Ministry of Finance of the implementation of the project to delete the zeros of the Iraqi currency, calling on the executive and legislative bodies and all concerned to cooperate with him to accomplish this.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a statement to ‘Twilight News’ that’ the Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order ‘, pointing out that’ the conservative ministry of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency ‘. (more…)

THURSDAY, APRIL 19 / APRIL 2012 11:59
Committee announced the parliamentary integrity, Thursday, for the formation of a committee to investigate the attempted theft of more than 7 trillion Iraqi dinars from the Finance Ministry, stressing the need to uncover the circumstances of this attempt and disclosure of those behind them.

A statement issued by the Ministry of Finance revealed, first Tuesday, and received ” Twilight News “a copy of the fact that the Accounting Department at the Ministry thwarted the process of forging large were meant to steal more than 7 trillion dinars from the state treasury through fraud official letters and signatures forged officials are important the Ministry of Finance and the General Secretariat of the Council of Ministers. (more…)