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CBI is preparing to issue a monetary metal parts
Metal coins from the category of 25 fils were in circulation until the nineties of the last century
Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.
She said in her statement Albjara Radio Free Iraq, “said the project will take between four and five years, and which will be the launch of the categories of small coins gradually.”
He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.
The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.
The Exchange Rate of Foreign Currency in Economic Feasibility Studies
Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.
Estimate the shadow price of foreign currency:
1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine.
The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs.
|* What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.In particular the following outputs and inputs of foreign currency were distinguished:
According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules.
In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency …. etc.).
In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency.
2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports… etc.
The justifications to call for the use of an exchange rate that is lower than the official exchange rate are:
- The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production.
- The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs.
- The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods.
- The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities.
- This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.
And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.
3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.
The Republic of Iraq – Ministry of Planning
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Economists Divided Over Deletion Of Zeros
By Amina al-Dahabi for Al-Monitor.
The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided…
…Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.
The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country. ARTICLE LINK
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Sayadi calls for the federal government to expedite sending the budget bill to Parliament
He called for the rule of law Kazem Sayadi the federal government to expedite send the draft budget to the Parliament Act, which was scheduled to be sent two days ago and the government is busy with other things in the words of Sayadi.
In line with the warnings of the delay in approving the budget, the multiple files directly linked with the late approval three quarters year, including the crisis experienced by the country, especially the war on terrorism and help the displaced file…
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Parliament will discuss Thursday’s meeting in the presence of the general budget and finance ministers of oil and Planning
Baghdad-Iraq Press October / October -30: Interim Finance Committee announced that Parliament would add, on Thursday, finance ministers and oil and planning to discuss the financial budget for the years 2014 and 2015 “.
Said Majida al-Tamimi, a member of the Committee, said that “the Commission held, on Wednesday, a meeting to discuss a number of important issues, especially the draft general budget of the country and financial law.
Tamimi explained that “during the parliamentary session will be held on Thursday, hosting the finance ministers and the oil and planning to discuss the financial budget for the years 2014 and 2015″.
It confirmed that “Parliament is expected from the three ministers know their opinions and suggestions regarding the general budget” .anthy (1)
Central denies intention to invest its reserves of gold coins and bank
BAGHDAD / Baghdadi News / .. Iraqi Central Bank announced on Tuesday, for the lack of his intention to invest the total reserves of currencies and gold.
According to a statement of the bank and received / Baghdadi News /, copy of which was that “some of the media picked up a rumor that the CBI intends to invest the total reserves of currencies and gold,” saying it “baseless information.”
He added, “The Governor of the Bank on the Keywords considered that the investment of the Central Bank’s reserves and inconsistent with the objectives of the Central Bank Law” .
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Saddam judge lifted (raised) a complaint against Maliki
Judge Munir Haddad calls Kmstk a note of his testimony, and the codification of witnesses Naim Abdul-Malik al-Suhail, Haitham Taher Moses and Lt. Uday al-Shammari and his bodyguards benefit.
BAGHDAD - Judge Munir Haddad of student achievement Karkh court judge, issued a warrant of arrest and the right to investigate all of Nuri al-Maliki and Kata stapes and General Javad leading up arms faces, in addition to the referral of the case to the competent court after completion of the investigative procedures.
The judge who sentenced to death former Iraqi President Saddam Hussein a note of his testimony Kmstk as a student, and the codification of witnesses Naim Abdul-Malik al-Suhail benefit and Haitham Taher Moses and Lt. Uday al-Shammari and his bodyguards…
Iraqi Dinar/Dollar auction 10-30-14
Currency Auctions Announcement No. (2804)
This daily currency auction was held in the Central Bank of Iraq on the 30-Oct-2014
The results were as follows:
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MARKET RATE October 29 – 1202!!!
MARKET RATE October 30 – 1202!!!
Halbusi calls Abadi government to send the draft general amnesty law to parliament
BAGHDAD / Source News / .. parliamentary bloc called the Union forces, Wednesday, Prime Minister Haider al-Abadi to speed up sending a draft general amnesty law to a vote in Parliament and legislation.
The MP said the parliamentary bloc Forces Union Mohammed Halbusi in a statement Agency / Source News / received a copy of it, that “the powers Union stipulated that the approval of the General Amnesty Law of the basics of forming a government major and detailed in the efforts for national reconciliation and the consolidation of Iraqi society in the face of challenges and restore citizen confidence The new elected his government. “…
More interesting Headlines…
Kurdistan parliament approves law on official languages
BGG - Here’s an important law OOTW has been looking for …
Leader of the Dawa party and Walid al-Hilli confirms: Maliki’s plans for a military coup
Follow-up / MP for the coalition of state law, and Walid al-Hilli said former Prime Minister Nuri al-Maliki had revealed plans for a military coup, in an attempt to stay as prime minister for a third term.
The ornaments, a leader in calling for Maliki’s party, in a statement to Channel Tigris space that ‘Dawa Party is still the presidency for al-Maliki, and prevent him from renewing his third term’, noting that ‘the Dawa Party saved Iraq from al-Maliki, a political risk, which proved failing large-scale’ .
On the other hand, said a source close to Vice President Nouri al-Maliki, the last by the expulsion of the leaders of the Dawa Party Labs and Walid al-Hilli from his home in the Green Zone, during his visit to discuss ways to resolve the dispute between him and Prime Minister Haider al-Abadi.
The source said that he ‘was the purpose of ornaments of the visit, is to convince Maliki to hand over the Palace of prime minister of Ebadi, the resolution of this dispute happening between them, to move forward in the formation of a distant government for personal conflicts’, adding that al-Maliki, the expulsion of ornaments, and told him that this matter does not Anikm, nor relationship to you as long as you may Bamora Tkhazltm and Altgotm side Abadi.
He said al-Maliki told the ornaments that he tried to correct the image of the call Pettmlgah of Ebadi Party, through solving personal problems, failed, and Gaitkm have been exposed, adding that al-Maliki was Mmteda of ornaments and leaders of the Dawa Party in Babylon before the meeting, due to their refusal media attack, the MP for the coalition Hanan al
OOTW – (FROM ALL ACCOUNTS, “HANAN AL” IS FATLAWI – BASED ON MY RESEARCH, BGG, PLEASE CORRECT ME IF I’M OFF ON THIS).
The ornaments launched a strongly worded attack a few days ago on the MP Hanan al pro-owners saying ‘there are those who shed crocodile tears over our children in Saqlawiyah and other areas, but we did not hear (Djaaarham) when the provinces of Mosul and Salahuddin landed in the hands of the organization Daash terrorist, and that the Atherhaa occurred massacre Spyker, knowing that their masters and their relatives are caused this signal Majazr’fa former Prime Minister Nuri al-Maliki and the commander of Salahuddin operations morning Fatlawi brother MP Hanan.
OOTW – I’M JUST SUPPOSING, BUT IF THIS ARTICLE IS TRUE, WOULDN’T IT HAVE SERVED MALIKI TO PLACE MOHSEN (Ali al-Allaq) IN CHARGE OF THE CBI PRIOR TO HIS DEPARTURE AS PM IF HE INTENDED A COUP?
BGG - Also very interesting is this piece further confirms parts of our last batch of info out of Iraq. This is the info I told our News MODs to be on the look out for (B.O.L.O.)… GOOD JOB!!
The increase of the Iraqi dinar against the dollar is vital to the citizen
A member of the parliamentary Economic Committee Abdul-Hussein Abtan that “the increase of the Iraqi dinar against the dollar is so vital to the citizen, where not enough that we have billions in deposits at the central bank in exchange rate of poverty and unemployment and a weak purchasing power of the citizen.”… ARTICLE LINK
The year 2014 will see the deletion of zeros from the Iraqi currency, to be done in coordination with the CBI
A member of the Finance Committee in Parliament Abdul Hussein al-Yasiri: This project will lead to the reduction of the size of the national currency in circulation than four billion Iraqi dinars to one billion only…
…For his part, said a member of the parliamentary Economic Committee Mahma Khalil said that “the current currency big bloated and not worthy of the country’s citizens have a strong desire to keep the Iraqi dinar to compete with the dollar and other currencies.”… ARTICLE LINK
President: oil and gas law will solve disputes Arbil and Baghdad
Network conducted a “Rudaw” media, a dialogue with the President of the Republic Dr. Fuad Masum text comes in:
Rudaw: The head of the Government of Iraq, Haider al-Abadi, at a meeting of the United Nations, told reporters: Iraq intelligence apparatus detect an attack against the Metro New York and Paris, you were on your perusal of this threat?
Fuad Masum: I was familiar with the situation, but not in detail, and we discussed the matter and made sure that he must take every Daash threats seriously, and in any place whatsoever.
Rudaw: Do you think that a serious threat States must deal with him seriously?
Fuad Masum: in my opinion, will deal with this threat very seriously, and from now on, they can control the conditions of their country, and suspected places, which is the subject of fear.
Rudaw: There is an armed group under the name of the Islamic state has become a major threat to Iraq and the entire region, and the Iraqi government are now considered part of the international coalition led by America against Daash, do you think that the strategy that has taken America to eliminate Daash Stratejp that correct? Note that Europe Stdafhm claiming it in the beginning, and then spend them?
Fuad Masum: the elimination of al Daash needs a long time and it will not end up in a short time, but it can weaken them through military strikes against them in Iraq and Syria, but it can be Daash secret organizations and sleeper cells and many branches in many places, so it should be monitored to get to the roots everywhere. ”
Rudaw: You say that Daash her secret organizations, and the President of the United States Barack Obama also said that it can not eliminate Daash final through military strikes, for this purpose we need a wide government in Iraq and with the participation of Sunni and Kurdish community in order to feel the that they are part of the government, do you So you think that the form government under the chairmanship of Haider al-Abadi?
Fuad Masum: formed the government, and has been the formulation of the government’s program, and more importantly, is that the government proceed with its business, and government agencies begin to work with each other, such as conducting a meeting last Thursday to three Vice-President of the Republic, which was very important for me, and it was an important step, where issued a joint statement, is scheduled to join our speech and our position. This was the beginning, and there are attempts to fill all ministries where some bags remained without a minister so far, and did not he after the end of Eid al-Adha holiday will end all the problems of Iraq, and at the same time, we must know that Daash not only in Iraq, but is in Syria and places Others, too, so we need time to eliminate it.
Rudaw: Is there any hope that the situation in Iraq is different from the era of the reign of al-Abadi al-Maliki?
Fuad Masum: surely choose Abadi was to form a government of national unity, so we have to monitor their work.
Rudaw: At a time when elected Abadi, remember that you to not accept the election of al-Maliki as prime minister, and now is one of the three-Maliki Noapk, how is the relationship between you now?
Fuad Masum: Maliki the fact that Vice-President of the Republic is different from being a prime minister, as the head of government has broad powers, especially when it becomes commander of the armed forces, and this power can do whatever he likes, but he is currently one of the three Nawabi, and has no validity or absolute power and I think he was also aware of the mistakes committed during his rule.
Rudaw: You say he did not have the power, why do you think before the post-Maliki does not have the authority of the state?
Fuad Masum: that Nouri al-Maliki today is the president of a political force (state law) which is a large bloc in parliament, and this shows that he did not want to miss the centers of power, and always wants to be in front and have the status and participation in the political process.
Rudaw: Is it true that al-Maliki before the position of Vice President of the Republic, in order to secure immunity so as not to be punished for his mistakes during his reign?
Fuad Masum: that al-Maliki had enjoyed parliamentary immunity, because he was a member of Parliament, but Parliament will not remain outside him that immunity.
Relations between Iraq and neighboring countries
Rudaw: After the fall of the Baathist regime in Iraq, relations between Iraq and Turkey are good, and a year after the war in Iraq, flourished relations between Turkey and the Kurdistan region. Do you think that the relations between Turkey and the Iraqi government will be improved to better under the new Iraqi government?
Fuad Masum: I hope to get better, especially now, because the issue Daash list, where he made statements against Turkey by issuing Daash, is also involved in all the meetings on this issue, which is one of the countries that have decided to participate in the war against Daash.
Rudaw: But the strained relations between Turkey and Iraq, dating back to the pre-emergence Daash, what you will give you into believing that the improvement in relations?
Fuad Masum: In some cases, the reason for the differences between the two countries dates back to the people, and for the strained Turkish-Iraqi relations were on a personal level.
Rudaw: Are you referring to al-Maliki and Erdogan?
Fuad Masum: Yes, now the situation is variable, on the one hand there is a new Iraqi government does not have any problem with Abadi, and also organize Daash form a significant threat to Iraq, at the same time it poses a threat to the entire region, and thus pose a threat to Turkey as well.
Rudaw: Daash organization constitutes a threat to Turkey itself, and we know that one of the reasons for non-participation of Turkey in the international coalition against Daash was because of the 49 diplomats and the issue is now liberated. After you met the President of the Republic of Turkey, Recep Tayyip Erdogan, is Ahsstm he wants to participate in the international coalition against Daash?
Fuad Masum: During our meeting we discussed this issue, and said that he would help Iraq to eliminate Daash, also stressed his desire that relations between Turkey and Iraq is improving well.
Rudaw: if relations between Ankara and Baghdad have improved, would you be at the expense of relations between Ankara and Erbil?
Fuad Masum: I do not think, because all relationships have their own space, for example, relations between the Kurdistan Region and Turkey is not based on the expense of Iraq, and Iraq’s relations and Turkey also is not based on the Kurds account, Relations of the Kurdistan region with Turkey are trade relations and economic, but with Iraq wider .
Rudaw: KRG oil policy in particular, there are some problems with Baghdad over oil, where annoyed Baghdad from Ankara for allowing the export of the Kurdistan region’s oil through its territory, how do you think the possibility of treating this matter easily between Baghdad and Ankara?
Fuad Masum: The problem is not between Baghdad and Turkey, but an internal problem in Iraq, and we must go back to the Constitution, and that we proceed to the oil and gas law according to the Constitution, when the legislation of the oil and gas law, will not remain any problem between Erbil and Baghdad.
Rudaw: Do you think it will improve relations between Baghdad and Erbil?
Fuad Masum: Without a doubt, because the two sides need each other, all in the field, Baghdad has need us economically, and we need them, and Baghdad need to Arbil, from the political point of view, as we are the Kurds need to Baghdad from the economic point of view and respects the other.
Rudaw: But some Kurdish officials believe that Iraqi Prime Minister Haider al-Abadi was one of the architects of the Kurdistan region budget cut, is there hope for the normalization of relations between Erbil and Baghdad?
Fuad Masum: do not Haider al-Abadi authority in non-budget exchange, because he was not a minister, had no decision in his hand, as it was the only head of the Finance Committee in the previous Parliament, and the decisions were issued a majority, but at that time upheld the majority Maliki’s decision to Kurdistan, and we tried frequently come to a conclusion, but without interest.
Rudaw: You want to say that the decision to cut the budget of the Kurdistan region was not the will of Abadi?
Fuad Masum: I think that the Abadi wants to address the problems, before he was assigned to form a government, I spoke to him and confirmed that he wants to resolve all outstanding problems between the Kurdistan region and Baghdad.
Rudaw: As stated in the Constitution, the president of the Republic is the welding of the Constitution, I want to ask you do you cut your view, the provincial budget was a violation of the Constitution?
Fuad Masum: When this problem occurs, you are a member of parliament, and tried a lot and met with Nouri al-Maliki, a few times, but as I said a complex issue has become between Arbil and Baghdad, For the owners of the issue was personal, and I tried too much processed, but to no avail.
Rudaw: Do you think that it was a violation of the Iraqi constitution?
Fuad Masum: Without a doubt.
Rudaw: Are you trying to solve them as president of the Republic?
Fuad Masum: I’m trying so hard during my authority as president of the Republic, because it is important to maintain the unity of the Iraqi territory and to solve the problems of Iraq.
Relations between America and Iraq, Iraq and Iran
Rudaw: America has accused the government of Iran after the Iraq war, it constitutes sabotage in Iraq factor, and was re-charge in the era of George W. Bush and Obama, but note now that America and Iran in the same trench against Daash, do you think that America and Iran share common interests in Iraq ?
Fuad Masum: They need to reconsider their policies, in order to reach a solution, because the existing problem now will not stay in Iran and America limits only, but will spread more, Iran is want to solve all the problems, America also does not want to antagonize a large country like Iran in the region. I think it will improve relations between them, I have talked with US Secretary of State on this subject, said: “We do not want to create problems for Iran and change the Iranian regime is not our responsibility, but there is one thing between us, but a nuclear dossier of Iran, if we reach a solution and we have agreed to nuclear file will not keep us any problem with Iran.
Rudaw: a conference in Paris on Daash your Excellency and you are located, and said that Iran’s participation was very important in this conference, do you do you think it was important to involve Iran in the international coalition?
Fuad Masum: surely must involve Iran in the coalition formally and show role with other countries to hit Daash and eliminate it, because as I have said repeatedly we have nearly a thousand kilometers from the border with Iran, and can not be put in a corner and marginalize, and we must recognize that in day when gunmen attacked and seized Daash Sinjar district and other areas, Iran has sent humanitarian aid and weapons into the region.
Rudaw: Do you think that America’s intervention so quickly was fear of the Kurds under the domination of Iran, as is the case in Iraq?
Fuad Masum: Do not fear of the Kurds under the domination of Iran, but was worried over the presence of Daash in the region, means American intervention was not out of fear of Iran, was the fear of progress Daash and the seizure of large areas, and prove his strength.
Rudaw: Do you think that all the conflicts that have occurred or took place in the Middle East, especially in the Arab Spring showed Iran as a victorious America like in the area?
Fuad Masum: Iran has its own weight in the region, and must be reckoned with, the issue is not in agreement on Iran’s withdrawal from Syria or something like that, there are air raids inside Syrian territory against Daash, and this is important, and as we said before there’s no limits normal between Syria and Iraq, while beat her in Iraq, the Daash can go to Syria, and should not be allowed to take its breath in Syria and that brings its ranks, as is evident, America hit Daash also urged the Friends of Syria that it will not become a party to the war in Syria, but focuses on Daash only. For this reason, some Arab countries aircraft participated in the air strikes on Daash-controlled areas. But the areas where Syrian forces there by air planes did not target.
Rudaw: Is there is a will by the new officials in Baghdad, especially among the Shiite parties?
Fuad Masum: Yes, they are also ready, and we talked on this subject and we have agreed.
Rudaw: In the last period, we saw something very strange, especially after the militants organize Daash progress toward Erbil, where she Erbil often praising its policies and its relations with Turkey, that have strong relationships with them and it is the only alliance to Erbil oil exports through its territory to world markets, but After Daash progress towards Kurdistan, as I referred to your Excellency, Iran, contributed to and supported the provincial government, while Turkey did nothing as the head of the Office of the Presidency of the Kurdistan region, Fouad Hussein, do you think were the relations between Turkey and Erbil bigger and more of this?
Fuad Masum: Tattabrtrkiya a big country and it has the power and influence in the region, so we must keep our relations with Turkey, and keep it with Iran, but not at the expense of each other. It is possible in many of the issues that we reach an agreement with Turkey, we can have one vision of it, Kaarac and Turkey, or as a region of Kurdistan and Turkey, but this does not mean that we have the same view in all matters.
Rudaw: Turkey participated as against militants Daash, do you think that will share the development of relations between Turkey and the Kurdistan region or between Iraq and Turkey?
Fuad Masum: in my opinion, will improve more relations, because Turkey and Iraq’s relations are not built because of Kurdistan, it is true that they say that Kurdistan has a great role in the relations between Turkey and Iraq, but Iraq and Turkey a special relationship as two neighbors and must be preserved, and we must not think that Turkey supports You are everything you need or you are supported in all you want is.
Rudaw: often criticizes the representatives of the Kurds in Baghdad, in general, the President, the Foreign Minister, and the deputies, they were not able to represent the Kurds, in your opinion as president of the Republic, do you consider yourself as an actor or as a response to someone who represents all of Iraq?
Fuad Masum: Member of Parliament represents nationalism, and by those laws which proceed from Parliament is the defense of the Kurdistan region, it is true that the President of the Republic of Kurdish, but will not be calculated as a representative of the Kurds, and if intervened in things pertaining to the interests of the Kurds did not interfere where with respect to the provinces, there is no may in this way to be president of the republic, this includes with respect to the three presidencies and the rest of the cabinet as well.
Rudaw: Nadiltm much for Kurdish nationalism against the former Iraqi regime, what do you feel now, you are the President of the Republic of Iraq?
Fuad Masum: I am still continuing to struggle, if you see that this government will pursue a policy against the Kurds, should not shut up, and if I did not do something I will leave the post, and not for the Kurds only but for all of Iraq with all its sects and doctrines and ethnic groups and religions.
Rudaw: It is often said that Mam Jalal figure was able to gather all the Iraqi parties, do you think that you will also able to collect those Iraqi parties?
Fuad Masum: do my best in order to removed the differences between the Iraqi parties, and work to bring their views, because this benefits all Iraqis.
Rudaw: How is your relationship with the President of Kurdistan?
Fuad Masum: Without doubt anything will happen know by contacting the sovereignty and our continuous and strong.
Rudaw: From the day that you became president of the Republic of how many times you contact with some?
Fuad Masum: several times, has been blessed occasion of Eid al-Adha.
Rudaw: to what extent that to experience a President of Kurdistan, your sense of the same, in that it is possible that Iraq could be different under the rule of al-Abadi, compared with the reign of al-Maliki?
Fuad Masum: Haider al-Abadi new in power, has good ideas, having met several times with some, and expect to see after the formation of the government after the Eid steps taken, and had spoken with Mr. Massoud Barzani and support and also blessed him, and is likely to Arbil to visit soon .
Rudaw: often asked this question and we would love to ask him, why do not you show the first lady of Iraq, especially in formal occasions?
Fuad Masum: In my visit to America was with me, and participated in the table, which was organized for the heads of the ladies top, and We took pictures, and will be with me in UN meetings Kurdish clothes when the oldest of my speech at the United Nations.
PUKmedia for Roudao