Posts Tagged ‘Press release’

Economist: delete the zeros from the currency less risky

30/12/2013 04:56 PM

The head of economic studies at the University of Kufa Economist Thunder Twigg, to delete two zeros off the market value of the Iraqi currency would be less risky than delete the three zeros. (more…)

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Electoral Commission approves the system of voting and counting
Announced the official spokesman for the Electoral Commission for elections fineness Moussawi authentication system, the Board of Commissioners on the ballot and the counting of the Iraqi Council of Representatives election in 2014. (more…)

24-11-2013 01:40 PM
Free –
Revealed the CBI, on Sunday, the arrival of foreign currency reserves of more than 88 billion dollars, indicating that it contributes to the stability of the dinar could be a ‘source of pride’ to the Iraqis.

The governor of the Central Bank and the Agency, Abdul-Basit Turki, in a press statement that ‘bank accounts the beginning of October 2013 the past, recorded a reserve exceeds 76 billion dollars of hard currency’, noting that ‘accounts in November current, exceeded the barrier of 88 billion dollars those currencies’. (more…)

Monday, October 14 1 / Okrudolf 2013 13:37

The head of the Arab Parliament Ahmad Al Jarwan, that Iraq a major role in the region, and has the weight of its stability. (more…)

Parliament: the process of deleting zeros of currency state budget

By: Newspaper electronic Iraq | Date: Sunday 15/09/2013 10:38 pm

Counting a member of the parliamentary economic committee Hussein the process of deletion of zeros from the Iraqi currency as the state budget.

said in a press statement that urgency in the issue of deletion of zeros from the currency will lead to a major embarrassment for the government. (more…)

A member of the Finance Committee deputy secretary-Hadi, the high rates of inflation in the country is not high ratios, indicating that if the increased annual rate of inflation this to worry about. (more…)

Screen Shot 2012-11-27 at 11.49.09 AMShammari calls to set a date to reset the Iraqi currency
Posted on: 08/07/2013 19:24:15

BAGHDAD / With: spokesman called white parliamentary bloc Kazem Al-Shammari to make an appointment to reset the Iraqi currency.

Al-Shammari said in a press statement, received a “news the future,” a copy of it, that “the high volume of reserves of Iraq from foreign currency to $ 76 billion in addition to the 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset the Iraqi currency . “ (more…)

11:29 06/08/2013

MP member of the state of the MP Adel الشرشاب the law, that the political process in the country is facing major challenges since the beginning of the formation of the current government, and so far, accusing some of the blocks of seeking to make the process of democracy and non-lame advanced. (more…)

12:31 07/13/2013
Economic parliamentary: the process of deleting zeros of ستربك currency state budget

counting a member of the parliamentary economic committee Hussein the process of deletion of zeros from the Iraqi currency as the state budget.

said in a press statement that “the urgency on the subject of deletion of zeros from the currency will lead to a major embarrassment for the government.”

He continued, “We as members of the parliamentary economic committee advised the central bank to wait and lack of urgency and to clarify the dimensions of this issue to the Parliament as well as to the government.” (more…)

Sunday, 07 April 2013 10:49 | | |

Baghdad (AIN) –MP, Aliya Nusayif, of the Hurra Iraqiya Slate called the government not to grant more territories to Kuwait in order to release Iraq from the Seventh Chapter of the United Nation’s Charter.

In a press statement received by AIN, she said “Releasing Iraq from the Seventh Chapter of the UN’s Charter is a goal that we always tried to achieve , but it shout not affect Iraq by granting more territories from Um Qasr area to the Kuwaiti side.” (more…)

Wednesday, March 20, 2013

The Oil Ministry announced that the export capacity of Iraq will amount to more than seven million barrels per day in 2015, confirming its quest to develop the infrastructure to transport crude oil storage and export.

The director of contracts and licensing of oil in the ministry Abdul Mahdi al-Amidi in a press statement that “Iraq will have the potential to export more than seven million barrels a day in 2015 when completed and the Oil Ministry building platforms floating end of the year,” noting that “the ministry would be willing to deal with these quantities for the purpose of transfer and export. ” (more…)

Wednesday 27 February 2013

A member of the Committee on Energy and Oil parliamentary Furat al-Shara “The oil and gas law will pass before the middle of this year.”

He Shara in a press statement that “the approval of the federal budget of the state during the next few undoubtedly will usher in approving important projects, including oil and gas law,” noting that “out of the crisis the federal budget and Ashkalyatea will establish out of the crisis of the oil and gas.” (more…)

Thursday, February 28, 2013
Parliamentary Finance: the need to take advantage of the expertise of international banks to support the banking sector

Praised Vice-Chairman of the Finance Committee MP Ahmed Faizullah, Bembagesat central bank with international banks to work in Iraq because it will facilitate the process of foreign currency remittances and develop the banking sector. (more…)

A member of the parliamentary economic committee Amer Al-Fayez said the law of customs tariff law was not enforced until now because the end of the General Authority for Customs preparations for its implementation. (more…)

15/01/2013 12:00 am

warned Rapporteur of the Commission on oil and energy Kurdistan Alliance MP Qassem Mohammad Qasim impact of the current political crisis on the economic sectors, especially oil, pointing out that the five laws are still disabled because of internal problems.

Kassem said in a press statement yesterday, said that the continuing political crisis The rivalries between the parliamentary blocs will affect the overall economic conditions, especially as there are economic laws are disabled in the House of Representatives because of an incompatibility blocks them. (more…)

Sunday 16 December 2012
Parliamentary Finance: ground is prepared for the process of lifting the zeros from the currency in 2013

Ruled out a member of the parliamentary Finance Committee, Majida al-Tamimi, the lifting of the zeroes from the currency in 2013, noting that “the earth is ripe for replacement.” (more…)

Posted 01/12/2012 05:48 PM

A member of the Parliamentary Commission of Economy MP / National Alliance / Ibrahim al-Rikabi, the importance of applying customs tariffs, as they contribute to the diversification of the Iraqi economy. (more…)

Parliamentary economy: the return of the central market early next year
Ali Salman – 11/05/2012 – 7:54 am

Committee revealed the economy and investment parliamentary, that next year will bring life to the central markets, indicating it is in the process of putting the final touches on the new markets. (more…)

Agreed Prime Minister Nuri al-Maliki and parliament speaker Osama al-Nujaifi to activate cooperation between the executive and legislative branches.

The Information Office of the Prime Minister in a press statement: “Nujaifi said Maliki received his official office today. During the meeting, they discussed various political issues and the internal situation in a spirit of cooperation and coordination.” (more…)

a member of the Economic Committee noted MP Abdul-Hussein Abtan, to the Iraqi market need for the project to delete the zeros from the currency in early 2013 to save the country from high inflation.

Abtan said in a press statement: The local market is an urgent need to delete the zeros from the currency, which works to raise inflation rates and increasing the money supply if left zeros for the year 2014, stressing: that postponing the project would damage the national economy. (more…)

10/03/2012 15:41:34

BAGHDAD (Iba) .. revealed the leadership in the cluster white MP Aziz Sharif Mayahi that The Truth about corrupt files in the central bank will report to parliament next week.

said Mayahi in a press statement transferred his press office said the draft decision of the Commission includes the names of the leaders of influential in Central Bank in addition to the names of a number of banks sober and involved Pmavat corruption in auctions the central bank. (more…)

04-09-2012 10:42 AM

Banking expert called Mohsen Ali to the importance of the introduction of modern global banking technology in the work of Iraqi banks and the training of human resources in order to conduct business for these technologies. (more…)

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh inflation annual basis for the month of July to 140.7% compared with the foundation’s annual inflation for the month of June, who scored 139.6%, up by 0.8%. ”

Saleh said in a press statement that “inflation has been rising by 5.9 percent for the month of July of last year 2011.” (more…)

Member of the Committee criticized the Economy and Investment Abdul-Hussein al-Husseini Resan government not to take any actions to address the problem of unilateral economy in the country, which depends entirely on oil imports.

Husseini said in a press statement received (justice) a copy of it on Tuesday that “low oil prices in global markets may impact negatively on Iraq and was one of the effects is a supplementary budget of the country after we expected it would be times the amount which was announced in early July, which was more than {10} trillions of Iraqi dinars. (more…)

Accused member of the Committee of Economy and Investment parliamentary Aziz Sharif Mayahi House of Representatives of being behind the failures of the Central Bank of Iraq

He said Mayahi in a press statement on Monday that “the negligence of the House of Representatives oversight role in following up the Iraqi Central Bank to make the central bank continues to failures that had the effect of the continuous rise of the dollar and confusion in cash transactions through a bank for politicians wrong in the auction currency (more…)

Tuesday, April 17 / April 2012 06:34

MP has called for the Iraqi bloc of free high Nassif Iraqi government and the American administration to provide protection of Iraqi funds from any attempts by some countries to demand the payment of financial belongings. (more…)

Sunday, April 15 / April 2012 16:12

A member of the Committee on Economy and Investment parliamentary bloc MP for white Aziz Mayahi terms of the Central Bank of entry order to buy the dollar to “prohibitive.”

He said in a press statement received by all of Iraq [where] a copy of it today that “the Central Bank of the conditions of this Order will harm the Iraqi companies contracting with the State, so the central bank to correct the mechanism of this subject.” (more…)

Monday, April 2 / April 2012 06:56

MP called high Nassif Kuwait to resort to dialogue to resolve problems arising from the UN Security Council Resolution 833 on the demarcation of the border between the two countries.

She said in a press statement: “The decision of the Security Council unjust No. 833 on the demarcation of the border between Iraq and Kuwait, according to the so-called international norms punitive decision, especially as he forcibly imposed on Iraq without taking his advice.” (more…)

Sout Al Basra confirmed adviser in the Iraqi government that the government will create a national oil company over the next year.

The chancellor said the Iraqi government Hehani Ahmed in a press statement, the Iraqi government is determined to end the problems on the approval of a law referring to the development of the national oil company to adopt the work of monitoring the performance of foreign companies that won licenses in the rounds of the period.

Hehani said that the oil ministry and the national oil company will be working between the two complement and not cross-cutting measures will be laid down according to Iraqi law.

He noted that the draft law of oil and gas to be provided by the government to the House of Representatives, will confirm the lack of the intersection of law with the introduction of the national oil company.

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International Advisory and Monitoring Board of the Development Fund for Iraq
Press Release
June 30, 2011
Statement by the International Advisory and Monitoring Board of the Development
Fund for Iraq

The International Advisory and Monitoring Board (IAMB) of the Development Fund for Iraq
(DFI) met in Amman, Jordan on June 30, 2011 and issued the following statement:

“Over the past eight years the International Advisory and Monitoring Board (IAMB) has
overseen the operations of the Development Fund for Iraq (DFI), through which more than
$250 billion of Iraq’s oil export revenues have flowed. Today we conclude our work and are
honored to issue a final report and to hand over our responsibilities to the Iraqi Committee of
Financial Experts (COFE).

(more…)