Posts Tagged ‘News agency’

23-12-2013 10:27 AM

Baghdad (newsletter). The parliamentary Finance Committee, stressed that Iraq is not in need of international financial loans, indicating that loan by the World Bank and the (355) million dollars for Iraqi economic policy link. (more…)

Screen Shot 2013-12-22 at 7.27.32 AMExpressed the Bank for International Settlements, on Sunday, his willingness to accept more deposits Iraq has within the budget of the bank for the year 2014.

According to a statement of the Central Bank, that “the Iraqi Central Bank has received notice from the Bank for International Settlements in Basel, in which he expressed his willingness to accept more deposits Iraq has within the budget of the BIS in 2014.”

He added that “the implementation of this measure will contribute to achieving better returns to Iraq with money to keep them in safe places, too.”

The BIS is an international organization of central banks to strengthen financial cooperation and Altmolini global and act as a bank for central banks not subject to accountability to state government. (more…)

21-12-2013 10:30 AM
Baghdad (newsletter). Member of Committee on oil and energy Deputy//ULI Al-Shara, the oil and gas Act will enhance transparency in oil dealings between the Government and the territory, will the good clear oil policy without any doubts.

Shara said (News Agency): the oil law is due to differences in economic and political and legislative status and territory governments where both explain the article 112 of the Constitution as his advantage. (more…)

Baghdad (newsletter). Member of the Committee of economy MP//Ibrahim Al-Rikabi, the importance of the economic reform act to support and develop the Iraqi economy, indicating that this law stumbled since it was approved by the Cabinet.

Rikabi said (News Agency): economic reform law will eliminate non-productive projects stalled and the privatization of some of them and make them productive as tourism, agriculture, industry and others. (more…)

18-12-2013 10:53 AM
Baghdad (newsletter). Member of the Committee for economy and investment/Kurdish Alliance MP Jassim shankali, counterfeit currency would affect the Iraqi economy, and losing the confidence of citizens in dealing with the Iraqi dinar. (more…)

10-12-2013 12:21 PM
Baghdad (newsletter). Oil and Energy Committee, the importance of read investment Bill, because it will boost the oil sector by attracting foreign and domestic companies to invest in the oil sector.

The oil Commission said MP/Kurdish Alliance (News Agency): the old oil investment law was seen on the investor ‘ thief ‘ for riches, but after the amendments before the Parliamentary Committee on oil specialists to make the law as seen on the investor and major contributor to the economy. (more…)

11-12-2013 08:19 AM
Baghdad (newsletter). Commission on the economy and investment, the importance of global banks to open branches in Iraq to create a competitive atmosphere among local and foreign banks to provide better banking services.

The Rapporteur of the Committee, said MP/Kurdish Alliance/mahma Khalil (News Agency): the Iraqi banking sector is still lagging behind developments in global banks, therefore bringing global banks discreet to open branches in Iraq will work primarily to broadcast culture and identify the most important technologies involved in banking, which will spur local banks to develop their work. (more…)


08-12-2013 08:14 AM
Baghdad (newsletter). The Commission invited the parliamentary economy and investment, the need to use international experience and global organizations to develop the banking system, according to developments in global banks.

The Rapporteur of the Committee, said MP mahma Khalil (News Agency): the Iraqi banking sector still suffers from a significant failure on developments in global banks, noting that the development of the banking system is indispensable for boosting the national economy. (more…)

28-11-2013 12:03 PM
Baghdad (newsletter). The parliamentary Economic Committee, warned that the Iraqi economy dependent on oil as the main source of State calling for diversification of State financial revenues to avoid potential economic problems of the country.

The Rapporteur of the Committee, said MP mahma Khalil (News Agency): federal budget revenue constituting (95%) Of oil, this is an indication of a threat to the economy, as it would be global economic shocks. (more…)

Economic reform in the country’s economy and the diversification of income

26-11-2013 11:39 AM
Baghdad (newsletter). She is a member of the Financial Committee MP/Kurdish Alliance/smart Najeeb, the importance of the economic reform and law which can happen . (more…)

oil and gas law’s absence would increase the differences between local governments and the Centre on the oil

25-11-2013 08:07 AM
Baghdad (newsletter). Oil and Energy Committee, warned of the increasing differences between the Federal and provincial governments for the Kurdistan region and the provinces regarding the oil as a result of the absence of the oil and gas law. (more…)

Financial: distribution of oil revenues to citizens would increase inflation in the country

20-11-2013 10:36 AM
Baghdad (newsletter). The parliamentary Finance Committee warned of the proposed allocation of oil revenues to citizens, it would increase inflation in the country would affect the federal budget. (more…)

Economic center proposes to invest a portion of the cash reserve of hard currency in portfolios guaranteed

16-11-2013 10:25 AM
Baghdad (newsletter). The economic information center suggested that Mohammed dargham, invest part of the cash reserve of hard currency to the Central Bank within the portfolios of investment projects for the country. (more…)

15-11-2013 08:49 AM
Baghdad (newsletter). He is a member of the Finance Committee MP/iraqiya Hassan Al-Bayati, the need for a new law to keep pace with the evolution of international banks to develop the work of the local banks.

He said Al-Bayati (News Agency): the amendment to the Banking Act of 2004 new purpose because many legal loopholes was hindering the work of the local banks, especially in the use of modern technologies in banking. (more…)

11-11-2013 09:30 AM
Baghdad (newsletter). Confirmed the decision of the Commission on economy and investment Deputy/Kurdish Alliance/mahma Khalil, the political differences among the parliamentary blocs impacted negatively on the overall economic situation in the country, warning of serious economic problems if the conflicts among politicians. (more…)

Shankali: merge small banks serving owners and support investors

10-11-2013 04:41 AM
Baghdad (newsletter). He welcomed the Economic Committee member MP/Kurdish Alliance/j. shankali, the idea of integration of small private banks to ensure their survival and to compete for the global economy. (more…)

04-11-2013 10:33 AM
Baghdad (newsletter). Member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy, to the need to adopt an economic plan to support the private sector and other productive sectors to achieve sustainable development in the country.

He said sources (News Agency): that Iraq lacks a clear economic plan and good despite the many plans being developed by the Ministry of planning and the Government but they did not meet the desired objectives, so that the economy needs the reforms adopted by the Government. (more…)

03-11-2013 10:04 AM

Baghdad (News)/report/bahtik/… Although Iraq has immense natural wealth and human and material potential high economic policy still floundering and not specific to any trend going, they turn towards a free market economy or a totalitarian centralized economy.

Where a number of economists and competent that Iraq lacks a clear economic policy, although the State claims that the economy has turned into open market however remained under the totalitarian regime works. (more…)


30-10-2013 12:37 PM

Baghdad (newsletter). The financial expert said Abdul Aziz Hassoun, the rise in the euro area reflect negatively on the rest, their recovery has positive impact on other countries, particularly oil exporting countries.

He said Hassoun (News Agency): the acute crisis affecting the major currencies influence the level of world trade, adding that Iraq is affected by fluctuations in the euro area to all dollar transactions. (more…)

29-10-2013 06:53 AM

Baghdad (newsletter). He called the economy and Investment Committee member MP//Salman al-Musawi, the need to use global organizations and advisory bodies in the development of plans to promote Iraqi economic realities.

He said Callie (News Agency): the Iraqi economy still suffers from many problems they leave behind her his previous regime policies that destroyed the country and went on to him, and this made the need for global organizations and advisory bodies for the advancement of the economic reality of the country. (more…)

Economy: the need to overcome differences between Arbil and Baghdad regarding oil prior to the approval of the federal budget

22-10-2013 10:37 AM
Baghdad (newsletter). Member of the Committee for economy and investment Deputy//ÚÈÏ çáúèçó sheyaa, the importance of overcoming all the differences between the Governments of the region and the Centre for oil in next year’s budget, noting that committees formed between Arbil and Baghdad failed for solutions to end the disputes. (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…)

Financial: the Central Bank is required to develop a plan to improve the work of local banks

21-10-2013 11:30 AM
Baghdad (newsletter). The parliamentary Finance Committee, called the Iraqi Central Bank to a strategic plan for the development of the work of the local banks, according to the evolution of global banks, in order to contribute to the support and development of the national economy.

The Vice-Chairman of the Committee, said attorney Ahmed Faizullah (News Agency): existing banks in the developed countries and even advanced began with modern high technology, so its automatically instead of handmade, which is still followed in some local banks. (more…)

20-10-2013 06:51 AM
Baghdad (newsletter). The President of the economic information center predicted Dergham Mohamed Ali, the Iraqi economy was affected by the debt crisis, which will lead to lower oil prices in the world oil market.

He Mehmet Ali (News Agency): to increase the debt of America would not lead directly to the recession, but Government closure effect in one form or another on the income of the employees who received the compulsory leave without pay, lack of movement and sell to retail what born near recession in the US economy. (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

Expert: broken economic laws needed to stop serious concerned to pass

13-10-2013 11:34 AM

Baghdad (newsletter). Industrial development expert, said Amer Al-jawahiri, economic development could not be achieved by logos and endoscopy and remarks, noting that the law and institutional approach and experience of the most important factors to drive the economy.

He said Al-jawahiri (News Agency): we have many important economic laws were enacted requiring a customs tariff is implemented as a sober and protection of antitrust and other product, emphasizing the importance of development institutions and prepare the working methodology and selection of high national competencies have taken and belonging, loyalty and desire for the success of projects to develop the country. (more…)

10-10-2013 11:36 AM

Baghdad (newsletter). Member of the Economic Committee described the MP from iraqiya/Nora/albegari, national card system used in the Iraq cultural project that reduces the burden of administrative and routine accumulation during transactions.

Said albegari (News Agency): the national card is a management system in place in the countries of the world, proposed by the Ministry of planning to reduce congestion and obstruction in completing transactions in State services rather than using the four documents. (more…)

08-10-2013 10:01 AM

Baghdad (newsletter). He called the economy and Investment Committee member MP/Abdul Al-Abbas sheyaa, the Central Bank to speed up the implementation of the project of linking the local banks with a unified communications network to facilitate financial transactions and to create environment for investment and development in the country.

Said sheyaa (News Agency): the planned Central Bank and link the local banks with a unified communications network operated by the international company will contribute to the development of the banking system. (more…)

western-union-review02-10-2013 10:16 AM

Baghdad (newsletter).The Central Bank summoned company (Western Union financial services, Inc.) to discuss the company’s work in Iraq.

A statement from the Central Bank received (News Agency), a copy of: the Central Bank Governor Abdel Basset Turki Agency held a meeting with the company (Western Union financial services, Inc.) to discuss the company’s future work in Iraq

30-09-2013 07:19 AM
Baghdad (newsletter). The Executive Director of the Association of private banks Abdul Aziz Hassoun, the private banks has helped the Central Bank to cut the dollar exchange rate dinar in local market after its commitment to help the Central Bank to sell hard currency.

He said Hassoun (News Agency): community banks applied and all instructions issued by the Central Bank, particularly with regard to the sale of foreign currency, so they sold the dollar price approximates the official rate of the Central Bank. (more…)