9-2-15 Iraq Articles
02
Sep
9/1/2015
Preparing the central bank “within days” to launch financial loans agricultural and industrial “small, medium, up to one billion dinars,” by civil and specialized banks, in an effort to move the market and stimulate economic development sectors, but specialists and businessmen warned of exploitation projects that money from the “mafias either” supported by political parties. on the Keywords, Governor of the Central Bank, said in a speech, on Saturday, during a conference of businesswomen in Baghdad, attended by “the world” that “Iraq before the financial crisis and should prevent a through planning real to achieve economic stability “, calling for” reform of the base material successful and effective situation.
“He added Keywords that” Iraq needs economic renaissance able to achieve the country’s resources, and without them there would be no economic stability, “pointing at the same time to” Iraq’s need to market able to absorb economic advancement.
“He added Keywords that” Iraq needs economic renaissance able to achieve the country’s resources, and without them there would be no economic stability, “pointing at the same time to” Iraq’s need to market able to absorb economic advancement.
“He Keywords that” the central bank will launch loans to finance small and medium enterprises in the coming days to support economic growth in Iraq.
“He stressed that public expenditure did not contribute to the expansion of the productive base and did not achieve any development of the Iraqi economy, explaining that without business carried out by the bank to Iraq experienced a financially difficult situation.
In the same context, Keywords pointed out that “the Bank maintains the largest rates of good reserves of hard currency in the world compared to the money supply in circulation”, adding that “these reserves is still money supply covering and a half times “.
He said the central bank governor that” reserves are changing on a daily basis depending on oil exports as the dollar comes from these exports, in addition to the coverage of imports which are variable elements, “noting that” what Iraq faces today from a financial crisis resolved through the vessels solutions interior such as loans and external, while long-term solutions be through a review of the restructuring of the economy through the budget preparation and rationalize spending and diversification of income sources and attract foreign capital.
“He added that” financial institutions that can support can not plug in the budget that are at high levels.
“approved The central bank last May to launch trillion dinars for private banks to finance small and medium enterprises loans, in what was dubbed during the Aug. 5 trillion dinars to support the specialized banks to provide loans to industrial and agricultural support economic activity and job creation.
For his part, the deputy head of Iraqi businessmen Union Bassem Jamil Anton, that “that those loans will be of two types; the first for small and medium enterprises, which will be funded from the amount of one trillion dinars, which lent the bank for domestic banks.” The second type of loan, says Anton it “will be allocated for agricultural, industrial and real estate projects to be funded are the other of the five trillion dinars, which lent the bank for banks development specialist.”
He noted that such loans may exceed one billion dinars.
“Said Anton told the” world “, that” the economic situation in Iraq and because of lower oil prices in a state of recession, particularly in the industrial and tourism sectors, “noting that” those loans will spend on the recession and the lack of financial liquidity faced by the country, “especially since it has the ingredients essential to revive any project which manpower, infrastructure, land and other, especially in medium and small projects.
He Anton that “this initiative is a golden opportunity for those who wish to work and make a good profit,” calling on the competent authorities to “support those projects through monitoring the market and the reduction of the importer and the activation of the control measures internal and external border crossing points.
“But the deputy head of Iraqi businessmen Council expressed fears of” the exploitation of those loans by mafia money and the corrupt and critics of public money, “revealing the existence of a large number of those backed by influential political parties gangs are trying to have possible abuse of public money for the purposes of Personal.
The head of the National Investment Commission Sami al-Araji, said earlier that “a step the central bank and private banks will investigate the case of recovery and well-being in the Iraqi market and increase investment opportunities in the country of the need for the camp to a variety of projects.”
They said that “the medium and small projects will support the market and suck Unemployment and the movement of the Iraqi economy and make it vulnerable to investment, especially with the presence of ongoing projects Every project is an extension of the large investment projects. ” SOURCE
“He stressed that public expenditure did not contribute to the expansion of the productive base and did not achieve any development of the Iraqi economy, explaining that without business carried out by the bank to Iraq experienced a financially difficult situation.
In the same context, Keywords pointed out that “the Bank maintains the largest rates of good reserves of hard currency in the world compared to the money supply in circulation”, adding that “these reserves is still money supply covering and a half times “.
He said the central bank governor that” reserves are changing on a daily basis depending on oil exports as the dollar comes from these exports, in addition to the coverage of imports which are variable elements, “noting that” what Iraq faces today from a financial crisis resolved through the vessels solutions interior such as loans and external, while long-term solutions be through a review of the restructuring of the economy through the budget preparation and rationalize spending and diversification of income sources and attract foreign capital.
“He added that” financial institutions that can support can not plug in the budget that are at high levels.
“approved The central bank last May to launch trillion dinars for private banks to finance small and medium enterprises loans, in what was dubbed during the Aug. 5 trillion dinars to support the specialized banks to provide loans to industrial and agricultural support economic activity and job creation.
For his part, the deputy head of Iraqi businessmen Union Bassem Jamil Anton, that “that those loans will be of two types; the first for small and medium enterprises, which will be funded from the amount of one trillion dinars, which lent the bank for domestic banks.” The second type of loan, says Anton it “will be allocated for agricultural, industrial and real estate projects to be funded are the other of the five trillion dinars, which lent the bank for banks development specialist.”
He noted that such loans may exceed one billion dinars.
“Said Anton told the” world “, that” the economic situation in Iraq and because of lower oil prices in a state of recession, particularly in the industrial and tourism sectors, “noting that” those loans will spend on the recession and the lack of financial liquidity faced by the country, “especially since it has the ingredients essential to revive any project which manpower, infrastructure, land and other, especially in medium and small projects.
He Anton that “this initiative is a golden opportunity for those who wish to work and make a good profit,” calling on the competent authorities to “support those projects through monitoring the market and the reduction of the importer and the activation of the control measures internal and external border crossing points.
“But the deputy head of Iraqi businessmen Council expressed fears of” the exploitation of those loans by mafia money and the corrupt and critics of public money, “revealing the existence of a large number of those backed by influential political parties gangs are trying to have possible abuse of public money for the purposes of Personal.
The head of the National Investment Commission Sami al-Araji, said earlier that “a step the central bank and private banks will investigate the case of recovery and well-being in the Iraqi market and increase investment opportunities in the country of the need for the camp to a variety of projects.”
They said that “the medium and small projects will support the market and suck Unemployment and the movement of the Iraqi economy and make it vulnerable to investment, especially with the presence of ongoing projects Every project is an extension of the large investment projects. ” SOURCE
9/1/2015
Recorded central bank sales, on Tuesday, in the auction for the sale of foreign currency, reaching a new low of $ 176 million after the sale also fell yesterday $ 193 million.
According to a statement of the bank, the agency received all of Iraq [where] a copy of “The size of the amount sold today by the bank at the auction of the dollar stood at 176 million and 164 thousand and $ 831, priced at 1166 dinars exchange rate to the dollar, and with the participation of 20 banks and six companies of the financial convert” .
He pointed out that “the amount of remittances and credits amounted to 154 million 892 thousand, and $ 831, while the quantity sold in cash 21 million and 272 thousand dollars.”
The statement said that “the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars,” adding that ” the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar SOURCE
According to a statement of the bank, the agency received all of Iraq [where] a copy of “The size of the amount sold today by the bank at the auction of the dollar stood at 176 million and 164 thousand and $ 831, priced at 1166 dinars exchange rate to the dollar, and with the participation of 20 banks and six companies of the financial convert” .
He pointed out that “the amount of remittances and credits amounted to 154 million 892 thousand, and $ 831, while the quantity sold in cash 21 million and 272 thousand dollars.”
The statement said that “the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars,” adding that ” the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar SOURCE
Abadi parliamentary signatures in parliament next week for “Display reforms”
9/1/2015
Special scales News
MP for the coalition of state law, honest frankincense, Tuesday, hosting Prime Minister Haider al-Abadi in the parliamentary session to be held during the next week, explaining that the reason is hosting Where did the government and the mechanism of anti-corruption reforms. The gum’s / scales News / that “the Presidency of the Council of Representatives decided to host Abadi during a parliament session next week to clarify what has been achieved from paper reforms and the mechanism of the fight against corruption, adding that the” signatures of a representative of the various parliamentary blocs gathered on host-Abbadi in the House and made a request official to the Presidency. ” He pointed out that the frankincense “completed preparations for hosting the parliament did not set a date remains the only hosting any day of the next week,” explaining that “the House of Representatives will brief on the criteria and mechanisms and steps adopted to implement those reforms.” The “Prime Minister Haider al-Abadi, issued a series of decisions in the framework of political reform, the most important Cancel the posts of Vice President and the Prime Minister, and the abolition of the special provisions of the presidencies of the bodies and institutions of the state, has been voted on by the House of Representatives also voted on a paper reform of the Parliament as well,” .anthy / 29 / D 24
MP for the coalition of state law, honest frankincense, Tuesday, hosting Prime Minister Haider al-Abadi in the parliamentary session to be held during the next week, explaining that the reason is hosting Where did the government and the mechanism of anti-corruption reforms. The gum’s / scales News / that “the Presidency of the Council of Representatives decided to host Abadi during a parliament session next week to clarify what has been achieved from paper reforms and the mechanism of the fight against corruption, adding that the” signatures of a representative of the various parliamentary blocs gathered on host-Abbadi in the House and made a request official to the Presidency. ” He pointed out that the frankincense “completed preparations for hosting the parliament did not set a date remains the only hosting any day of the next week,” explaining that “the House of Representatives will brief on the criteria and mechanisms and steps adopted to implement those reforms.” The “Prime Minister Haider al-Abadi, issued a series of decisions in the framework of political reform, the most important Cancel the posts of Vice President and the Prime Minister, and the abolition of the special provisions of the presidencies of the bodies and institutions of the state, has been voted on by the House of Representatives also voted on a paper reform of the Parliament as well,” .anthy / 29 / D 24
US pressure on al-Abadi: Atadmj to the popular crowd with National Guard
9/1/2015
An informed political source in the alliance of the Iraqi forces,Tuesday, that the major political blocs continue discussions to reach understandings on the formation of National Guard troops, stressing that America intervene directly and strong pressure on Prime Minister Haider al-Abadi to abandon convert popular crowd to the National Guard. The source, who spoke on condition of anonymity for / scales News / “America intervene directly and strong pressure on al-Abadi and the National Alliance to abandon their demand to convert the popular crowd forces into a national guard forces,” pointing out that “there is a quick understandings between the political blocs of for law legislation in the next few days. ” He informed political source said that “the main points of contention between the National Alliance, and the Alliance of Iraqi forces and the Kurdistan Alliance is the way of the formation of these forces from across the provinces or from the forces formed in the same province any of its sons,” noting that “there are other differences is to arm the Guard National as America seeks to arm the Kurds and Sunnis away from the federal government. “
The “Legal Committee member of the parliamentary Salim Chawki said L / scales News /, on Tuesday, that the current period sponsor agreement to pass the National Guard Law in the coming sessions,” noting that “differences in views between the National Alliance and the Union of Forces blocked a vote on the law “.
It is said that “MP for the coalition of state law Rubaie threatened to reject the National Guard law and return it to the government if not carried out the needs of the popular crowd,” and accused the government of “implicate” the House of Representatives the draft law. “
The “House of Representatives to postpone the discussion of the bill to the National Guard on Monday of next week,” .anthy 29 / D 24
SOURCE
9/1/2015
Twilight News / announced Presidency of the Kurdistan Region, on Tuesday, that the meeting of regional president Massoud Barzani, with heads and representatives of a number of parties and the Kurdish parties certainly ended on a number of issues that will pass the political and economic crisis in the region. In a statement to the presidency of the province responded to Twilight News, that Barzani met on Tuesday, the heads and representatives of a number of parties and political parties in Kurdistan in order to exchange views on the political situation in the region. The statement said the search risks and threats faced by the province of Kurdistan and the internal political crisis and the issue of the presidency of the region and the reasons for the emergence and deepening of the crisis and find ways to pass this stage.
He added that the meeting stressed that taking into consideration the threats and opportunities now and in the future in the province of Kurdistan and the necessity of creating a national and appropriate solution to it, pointing out that all the parties and the parties political assume at this stage a historic responsibility and must adopt the principle of consensus and protect the higher interests of the people and the homeland and the people’s demands and stay away from the same challenge and break the bone and other sabotage the stability of the citizens of Kurdistan, and work to resolve the problems and convergence and it should not try to marginalize the ingredients political parties in this area.
He added that all parties and parties and citizens are free to express their opinion on the fundamental problems in the region and do not let people again Ptkhuyn components thoroughbreds in the Kurdistan society because of their political positions or work on domesticated and marginalization and to reduce their rights.
He said that in order that the Kurdistan Parliament can perform its role well in resolving the crucial issues and decisions are issued under the dome of parliament, the political parties to nominate senior cadres and decision-makers in future sessions of the Parliament.
The statement stressed that the continuation of this crisis and work to create a vacuum and disable compatibility, meetings and media war tensions and cause loss of the status of the Kurdistan Region and run counter to the best interests of the province.
He pointed out that meeting the price Championships Alپeshmrگh forces and the steadfastness of the people of Kurdistan, indicating that the duty of the intensification of efforts to pass the economic crisis and to improve the living conditions of the people and provide better services to the people.
SOURCE
9/1/2015
Detection of the parliamentary economic committee member Ahmed Kanani, on Tuesday, the central bank for the issuance of new currencies in both categories [50] thousand and [100] thousand Iraqi dinars end of this year. Said Kanani told all of Iraq [where] that “the Iraqi Central Bank, in connection with the issuance of currency in both categories [50] thousand dinars and [100] dinars, printed”. Noting that “put this category to the market will be the end of the year.”
Kanani said that “the class [100] thousand dinars printed, will be under the experiment [50] thousand dinars,” pointing out that “the new monetary category will work the end of this year.”
It is said that the CBI is now dealing with a class [25] thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies. end SOURCE
Kanani said that “the class [100] thousand dinars printed, will be under the experiment [50] thousand dinars,” pointing out that “the new monetary category will work the end of this year.”
It is said that the CBI is now dealing with a class [25] thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies. end SOURCE
